TVN 6.00% 4.7¢ tivan limited

The cost savings from locating the TIVAN plant in Malaysia look...

  1. 2,405 Posts.
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    The cost savings from locating the TIVAN plant in Malaysia look good, and they've not factored in all the govt incentives either, which are sure to add to the bottom line.

    The weakening AUD$ adds nicely to the project's overall numbers.

    I'm a bit disappointed about the TIVAN testing which seems to be taking an inordinate amount of time.

    I doubt this will do much for the SP considering most was already known. I can see it continuing to drift / maybe settle a little lower as we are likely to still be 4 months away from what we all want to hear, and a lot of people are impatient.

    I'd be happy if it does hang around the current support, I have some funds freeing up later in the year, so the timing might be perfect.

    More to read...
 
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