Friday, February 26, 2010
PENNY STOCK ALERT: TCHONG-CA
MOTHER COMPANY: TAN CHONG MOTOR HOLDING BHD (TCM)
Tan Chong Motor Holdings Berhad, through its subsidiaries, engages in the assembly, distribution, and sale of passenger and commercial vehicles primarily in Malaysia. The company assembles and sells passenger cars, light commercial vehicles and spare parts, trucks, and bus chassis and buses. It also involves in the manufacture and sale of fuel tanks and press metal parts; trade and marketing of alarm security systems; provision of alarm warranty, rust proofing, and automobile workshop services; trade of car air-conditioners; trade of car grooming products; and distribution of automotive spare parts and construction of vehicle bodies. In addition, the company engages in property management and investment; and the distribution of heavy equipment and machineries. Additionally, it provides hire purchase financing, leasing, personal loans, and money changing services, as well as offers insurance agency services. Tan Chong Motor Holdings Berhad is based in Kuala Lumpur, Malaysia.
This is my penny stock alert since the TCM going to uptrend with strong support on positive sales of automotive industry this year. Therefore their CALL WARRANT will follow the same uptrend.