Today (early this morning in Hong Kong), I presented a thesis at the Sohn Conference Hong Kong on why shares of Tech Pro Technology (03823.HK) appear grossly overvalued when compared to its peers.  Here is a summary and presentation of my team’s due diligence findings.

Summary Of Tech Pro Technology Due Diligence

  • Tech Pro Technology is a company that seems to be suffering from an identity crisis
  • We believe the stock price is detached from the reality of our on the ground due diligence and the company’s financials
  • Our due diligence raises questions that we believe should be brought to the attention of both the company’s auditor and regulators
  • We believe the company will require continued dilutive equity financing to sustain operations
  • We are currently short Tech Pro (03823.HK)


Disclaimer

You agree that you shall not republish or redistribute in any medium any information contained in this report without our express written authorization. You acknowledge that GeoInvesting nor FG Alpha are registered as an exchange, broker-dealer or investment advisor under any federal or state securities laws, and that GeoInvesting nor FG Alpha have provided you with any individualized investment advice or information. Nothing in this report should be construed to be an offer or sale of any security. You should consult your financial advisor before making any investment decision or engaging in any securities transaction as investing in any securities mentioned in the report may or may not be suitable to you or for your particular circumstances. Unless otherwise noted and/or explicitly disclosed, GeoInvesting, FG Alpha, its affiliates, and the third party information providers providing content to the report may hold short positions, long positions or options in securities mentioned in the report and related documents and otherwise may effect purchase or sale transactions in such securities.

GeoInvesting, FG Alpha, its affiliates, and the information providers make no warranties, express or implied, as to the accuracy, adequacy or completeness of any of the information contained in the report. All such materials are provided to you on an ‘as is’ basis, without any warranties as to merchantability or fitness neither for a particular purpose or use nor with respect to the results which may be obtained from the use of such materials. GeoInvesting, FG Alpha, its affiliates, and the information providers shall have no responsibility or liability for any errors or omissions nor shall they be liable for any damages, whether direct or indirect, special or consequential even if they have been advised of the possibility of such damages. In no event shall the liability of GeoInvesting, FG Alpha, any of its affiliates, or the information providers pursuant to any cause of action, whether in contract, tort, or otherwise exceed the fee paid by you for access to such materials in the month in which such cause of action is alleged to have arisen. Furthermore, GeoInvesting nor FG Alpha shall have no responsibility or liability for delays or failures due to circumstances beyond its control.

The research contained herein expresses opinions which have been based upon generally available information, field research, inferences and deductions through due diligence and our analytical process. To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, who are not insiders or connected persons of the stock covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. However, such information is presented “as is,” without warranty of any kind, whether express or implied.

See Full Disclaimer here – https://geoinvesting.com//terms-conditions