Adding Tee International to my Stock Picks today......
Tuesday, 5 July, 2011 11:14 PM
Posted by Kevin Scully
We started research coverage of Tee International in January 2011 and recently put up a company update following a recent meeting with management.
The outlook for stock markets over the next six to nine months remains uncertain but with a positive bias if corporate earnings guidance continues to be positive and inline with expectations. In the short term, I expect the STI Index to move sideways on low volumes as investors remain sidelined awaiting more leads on the OECD economies, inflation in Asia and the trend in US and Asian interest rates and their impact on the US$.
Given this uncertainty, my current focus on stock selection is value stocks with a decent running yield that is at least better than the nominal inflation rate of 5-6%. Tee International has ......
