Thursday, December 13, 2012

TMCLife has turned the corner

TMCLife appears to have turned the corner. It has been losing all along until the last two quarters.

According to the StarOnLine, Vincent Tan has increased his stake from 30.78% to 31.06%. The other big shareholder, Lim Eng Hock has 32.59%

A battle between the two is likely to happen. And if it does happen, the stock is bound to head north.

At the last traded price of 33.5 sen per share, the stock looks a good buy.