bearish

Techtronic Industries (669 HK): JR Puts Down That Tool

769 Views23 Feb 2023 11:44
SUMMARY
  • Jehoshaphat Research (JR) argues the case that Techtronic Industries (669 HK) has been engaged in “snowballing” to maintain margin growth.
  • JR flags TTI is the only public company in the world (with over $1bn in revenues) exhibiting positive sequential gross margin change in every semi-annual period over ten years.
  • Short interest had been picking up ahead of the short sell report. Shares fell 19% before being suspended in the afternoon session.
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