Tiong Woon – A potential undiscovered gem! (21 Oct 24)

Dear all Tiong Woon has been in my watch list for several months. Whenever I look at Tiong Woon, it reminds me of Civmec even though they are not exactly comparables. However, they do share numerous similarities such as chart breakout; positive analyst commentary; management’s positive outlook; strong operating track record; increasing dividends etc. Civmec which I wrote on 10 Sep 23 (click HERE), has risen 28% from $0.805 on 8 Sep 2023 to close $1.03 on 18 Oct 2024. Since 8 Sep 2023, Civmec has given out a total of AUD0.09 / share. This works out to be a […]