Nov. 12 at 8:46 AM
$TLIH
SANY Heavy Industry’s HK
$12.4 billion Hong Kong listing could quietly lift Ten-League International (TLIH), its sole distributor in the Asia-Pacific market. With SANY gaining fresh capital and global exposure, TLIH stands to benefit from stronger demand, new contracts, and higher credibility. Still trading at under 0.3× P/S, far below industry norms of ~1.0–1.5×, TLIH’s fair value could range between US
$1.50 and US
$2.25, making it a hidden gem poised for re-rating as SANY expands. *Do your own DD.*