Trio-Tech (TRT) Hits Another New 52-Week High

Trio-Tech International (TRT) gained by 2.35% today to hit another new 52-week high of $7.39 per share!

We are hearing that Trio-Tech International (TRT) may decide to only divest its China test services businesses. Their test services businesses in Malaysia and Thailand have been very resilient. The decline in test services revenue is due to semiconductor chip makers not wanting to send their AI chips to be tested in China. Most of the huge growth is coming out of Singapore where they do most of the manufacturing and distribution. TRT does no manufacturing in China!

By moving away from China and strengthening its relationship with their main partner CTS GmbH, which manufactures all of its equipment in Germany, Trio-Tech International (TRT) is likely to be revalued to an enterprise value of at least 2X revenue very soon. TRT deserves a $100 million+ market cap, which means share prices of above $23.50+ are coming soon!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.