Its been some time since we reviewed new stocks. The market have went down 20% and now have stabilized, but in all honesty its not really the stocks that I would bite.
Perhaps a few years ago I would have bitten Sembcorp and Keppel due to the past write-ups but the more you do things the more you grew a dose of skepticism.
So now I keep watch on some of the little companies around that most folks won’t want to buy. These are perhaps foolish investments to a lot of people.
Current Price: $0.51
Outstanding number of shares: 69 mil
Current Dividend Per Share: $0.035 (6.8%)
Transit Mixed Concrete is a little business in the space of construction and property industry. Their main business is in Concrete Pumping with less in Ready Mixed Concrete and Waste Management.
They just release their half yearly …