TSX:TECK.A - Post by User
Comment by
Goldenringon Mar 22, 2012 11:12am
238 Views
Post# 19704963
RE: RE: RE: Market over reaction to China "slowing
RE: RE: RE: Market over reaction to China "slowing I agree, my bet is when Tecks first quarter #'s are released sometime in late April it will show that they have improved over first quarter of last year. Teck had a great 2011 overall with great profits. I really think that some people try to scare off us retail investors in order to scoop up cheaper shares, for example if a Company had sales of 1,000,000.00 dollars and they increased them by 10% that would equal 1,100,000.00 Lets just say the following year they increased by another 100,000.00 dollars it would only be around 9% Dollar wise their increase was as much as the year before but % wise not so much. The media will always paint it as the demand has dropped and if you go back 3 or 4 years they can play it out to make it look even worse. I perfer to look at their actual sales and margins and net profit, if one does that you will see that Teck is in great shape with tons of cash and well positioned going forward.