All Star International Holdings Ltd buy Tongherr

7/6/2011-8/6/2011 All Star International Holdings Ltd buy 502,500 shares.
Total Accumulated Shares : 77,994,000

This insider is accumulating the share because of long term prospect in Vietnam Plant. I would rate STRONG BUY on TongHerr because the EPS should grow rapidly after the plant ready.


Disclosure : Temporary sold out this counter because of uncertainty of outlook on second half 2011.

Special Situation Call : TongHer.KL(5010)

Profile:-
Makes Stainless Steel Fasteners.
Major Shareholder: All Star International Holdings Ltd


Tong Herr business is cyclical in nature. Nickel is one of material use in Stainless steel fasterners production. Nickel price should be higher in coming months.

See the Nickel Price Chart...

The Nickel Price as precious metal, expect to go up because of high inflation trend.


High Nickel price allow TongHerr sell its product at higher price and increase profit margin.


With RM1.2 cash per share, Tong Herr is really an attractive investment for Savvy Investor.