Tai Sin is a company that had popped out on my various screeners multiple times. However, I had never really taken a look at the firm till I came across an interesting and informative piece by "The Market Oculus" over the weekend. Those interested in the post may find it here.
I have since investigated the business and decided to re-invest my earnings from the divestment of DBS here. To be honest, I was torn between buying more of Keong Hong or investing in a new counter, but ultimately the desire to own 7-8 counters won through. Without further ado, here are some of the considerations that I had (beyond what TMO had discussed) before arriving to the decision to initiate a position.
Equity: Tai Sin Electric (SGX: 500)
Business: Construction Materials Supplier
Markets exposed: Southeast Asia
Stock exchange: SGX
Purchase price: 0.398
Purchase month: February
10% per annum: ...
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