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Tee International makes three announcements over a period of six days……what should we make of it ??!!
By Kevin Scully-Financial Blog  •  November 15, 2012
Tee International makes three announcements over a period of six days......what should we make of it ??!! Thursday, 15 November, 2012  6:42 AM
Posted by Kevin Scully

 Tee International one of my Stock Picks for both growth and yield has made three announcements over the last six days.  What should we make of them ?

Announcements:

9 November 2012 - Tee International announces that its signed an MOU to go into cement production in Myanmar

12 November 2012 - Tee International announces incorporation of new associate company Unique Wellness Pte Ltd

14 November 2012 - Tee International announces corporate development to restructure its property and M&E business

Commentary

Of these the one that took me by surprise is its venture into the Myanmar cement industry with Ayeyarwaddy Cement.  The announcement states that there will be a technical study led by Tee which should end by June 2013.  On completion of ...

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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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