TA a buy
TA enterprise have emerged stronger ever since returning to black a while ago... its 3Q results is impressive having compared to a year ago.. TA tripled its net profit to ~71.4mil and have a comfortable quick ratio of about 2...net cash generated from operation is at a healthy 200mil...
Revenue from stock broking and financial services remains the main revenue generator and will only get stronger in the next 2 quarters.. revenue from property development is also catching up fast, running close to 23% of the total revenue.
Chart wise, i don't see anymore room for downward movement...pretty much bottom out... its NAV is close to $1.50 a share and at current price its a discount.... :)
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