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Overview
Financial Highlight
HeadlinesBusiness Background Tiong Nam Logistics Holdings Bhd is a Malaysia-based company engaged in the provision of fully integrated logistics and warehousing services. It operates through three segments namely Logistics and warehousing services, Investment and Property development. The company offers a variety of services such as warehouse space and management services, trucking delivery, cross-border transfers, container haulage, heavy transportation, as well as last measure delivery for e-commerce companies. It renders services across countries like Malaysia, Thailand, Singapore, and Myanmar. Additionally, the company also undertakes several projects comprising of residential service apartments and commercial properties and other real-estate related activities.
  James Ng https://klse.i3investor.com/blogs/general/2020-01-20-story-h1482842114.jsp [转贴] [TIONG NAM LOGISTICS HOLDINGS BHD：将加强其核心竞争力，并加强在客户开发和服务创新的企业战略努力，是他们在竞争激烈的经营环境中保持差异化的因素] - James的股票投资James Share Investing 20/01/2020 7:42 AM  tnll123 there is a rumors that Tiong Nam is cutting down salary for the staff. Be it true or not, once this news are spreading i bet their share will drop further than 0.29 which previously recorded. Stay tune on the drop brosss! 23/03/2020 4:44 PM Imthemalaysian tnll123 now everyone is talking about retrenchment. Only good company talking about cutting down salary. Think about it 26/03/2020 9:56 AM BBQ888 salary reduce around 5~40% depend on position. Is a healthy move to save the corporate. Some more is time being. Rather than lay off. 31/03/2020 4:25 PM foo Which companies on Bursa have high cash and low debt KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days. The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn. Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink. Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities. Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies. Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion. Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data. It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap. A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development. Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements. On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers. Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd. As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers. There are also lesser-known small-cap companies that are cash-rich with sturdy past operations. As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown. The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible. 13/04/2020 3:20 PM cax1814 No more operation hours restriction for economy sector start from tomorrow, good news for all ! 28/04/2020 6:27 PM yorkyork Low oil price, Mco over, barang need to send asap. Going to have action soon. 01/05/2020 5:14 PM cax1814 Price go back to before MCO. 0.42 is a good price to run. Company loan too much, profit only can cover bank interest. Coming annual report nothing excited. 21/05/2020 4:02 PM  gongxifacai Bought at 0.430, Sold at 0.455, earn some pocket money for musang kind...but i dont recommend this stock now... price of oil already going up, no longer benefit from cheap diesel, and the container shipping business + properties business of TN also going down, just crash and burn...run wei 09/06/2020 11:23 AM  nomadmy The board is having high confidence, they execute share buy back quite a large sum. I see positive sign. Time to collect. 04/08/2020 1:36 AM sengkee https://www.edgeprop.my/content/1628099/ta-securities-possible-privatisation-tiong-nam-2020 09/10/2020 10:33 AM cax1814 Only can buy in below 0.40 and immediately sell above 0.45. Don’t play at the wrong side, hahah.... 09/10/2020 12:12 PM chshzhd https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3095663 13/10/2020 8:44 AM nomadmy By right, issuing new shares, the price should be down, but since yesterday, the price is climbing up. 13/10/2020 10:56 AM Woodswater https://suara.tv/21/10/2020/muhyiddin-pertimbang-bubar-parlimen-disember-2020/ Run while still sustain above 50 c Later back to square 30 c once parliament dissolved. Wakakakaka 21/10/2020 4:39 PM Woodswater Sustainable over 50 c don't wanna run. Now c ing 4x c. Later back 2 square 30 c liao 23/10/2020 10:23 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
