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1) TNLOGIS believes the industry prospects are bright, and is
expanding their core business aggressively, despite being net-debt.
2) However, it is still too early to determine whether a turnaround
would take place in near future, as TNLOGIS has made loss for 2
continuous quarters.
3) The managing director is showing confidence in increasing his shareholding from 20% from 30% in October via buying new
shares at 43.5 sen.
See article below for details.
DISCLAIMER
Our views are for sharing purpose only. They could be inaccurate.
Valuation perspective is beyond scope. There is no BUY/SELL
recommendation.
