RESEARCH NOTE: TECUB MIGHT GO INTO BANKRUPTCY SOON
With market cap 139 Mil and 6100 employees and with the stagnant economy now, tecub can't withstand the burning cash for long. The company tries all alternatives to survive included to sale the company. But tecub is old, established from 1930 and has no money to do R&D, it's hard to compete with other sompanies or to find a suitor to buy the company. Another alternative is to raise cash through issuing new shares or notes. But this one will lower shares price further and it's not easy to do. If no alternative is found soon, tecub surely will go into bankruptcy.