Good quarterly result to be announced?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3205778

Cheapest ATE counter.

So good results....................

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3184411

fantastic quarterly report

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3116140

https://www.thestar.com.my/business/business-news/2020/11/25/prestars-3q-net-profit-jumps-132-to-rm52mil

TASHIN (0211) - Steel-ing the limelight

Current Price: 0.255

Why should we look into Tashin?

1. Tashin posted strong Q3FY20 results as their net profit was up by 1134% on QOQ basis and 183% YOY. Revenue for the quarter was the highest ever since their IPO in 2019.

Source: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0211

2. Malaysia has started with some of the latest mega projects like ECRL & RTS which definitely requires steel therefore the demand for steel will increase.

Source: https://www.channelnewsasia.com/news/asia/malaysia-construction-singapore-johor-rts-bukit-chagar-station-13615148

https://www.malaymail.com/news/malaysia/2020/11/18/transport-ministry-ecrl-project-ahead-of-schedule-to-proceed-with-existing/1923842

3. Iron price has surged up almost up 38 per cent, according to data from S&P Global Platts and set to average $100 a tonne for the first time since 2013.

source: https://www.ft.com/content/2a0f550c-4075-48ef-bda0-0f9e615ba8fb

Conclusion

As we can see from the quarterly performance of Tashin we can see that Tashin has definitely up it’s ante as their result soared up quite significantly.

With the major mega projects now already kick start steel will see it’s demand to increase therefore local steel players will definitely benefit from this.

Iron ore price has being going up and Companies like ChooBee & CSCSteel has shown quite good result. This is probably a step moving ahead in tandem with the demand of iron.

TASHIN (0211) - Steel-ing the limelight

Current Price: 0.255

Why should we look into Tashin?

1. Tashin posted strong Q3FY20 results as their net profit was up by 1134% on QOQ basis and 183% YOY. Revenue for the quarter was the highest ever since their IPO in 2019.

Source: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0211

2. Malaysia has started with some of the latest mega projects like ECRL & RTS which definitely requires steel therefore the demand for steel will increase.

Source: https://www.channelnewsasia.com/news/asia/malaysia-construction-singapore-johor-rts-bukit-chagar-station-13615148

https://www.malaymail.com/news/malaysia/2020/11/18/transport-ministry-ecrl-project-ahead-of-schedule-to-proceed-with-existing/1923842

3. Iron price has surged up almost up 38 per cent, according to data from S&P Global Platts and set to average $100 a tonne for the first time since 2013.

source: https://www.ft.com/content/2a0f550c-4075-48ef-bda0-0f9e615ba8fb

Conclusion

As we can see from the quarterly performance of Tashin we can see that Tashin has definitely up it’s ante as their result soared up quite significantly.

With the major mega projects now already kick start steel will see it’s demand to increase therefore local steel players will definitely benefit from this.

Iron ore price has being going up and Companies like ChooBee & CSCSteel has shown quite good result. This is probably a step moving ahead in tandem with the demand of iron.

next quarter results must be very good for all furniture manufacturers.

PE 7x and DY8% where to find this type of stock?

Substantial shareholders are buying. What does this represent?

@Hanley Teo
0.26 is not fair. Hopefully they may raise the offer>>>>>>>This could be possible if the mother price exceed RM4.98 (RM4.72+RM0.26).

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=207957&name=EA_FR_ATTACHMENTS

Page 8

Q1 result has improved, especially profit from Apparel dept has almost double Q2Q. The result is dragged down by losses at Textile dept due to is start-up period with only 20% capacity. When Textile dept capacity reaches break-even, the apparel dept will perform even better. Invest on long term.

Icon8888 - how to make complaint to SC and how to calculate and justify a "fair price" base on Black Schole?

Their Textile dept is still making losses of RM16M due to start up cost. I believe their textile dept will contribute positively in coming quarters + strong performance Apparel dept, their results will be fantastic. Good luck to all.

If textile dept turn profitable, the whole results will be explosive.

With such continuous impressive results, why their share price has not moved??

Bukit Jalil Parlivon Mall.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6005281

One of the cheapest steel stock. PE less than 5x

rumor that Malton is negotiating to dispose Pavillon 2 at Bukit Jalil. This will benefit Ho Hup

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5618453

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617581

PE still at 5.1x not 8

http://www.theedgemarkets.com/article/l-gs-sena-parc-offer-landed-homes-below-rm500000?type=malaysia

1.98B book order

Net cash per share of RM0.41

Any reasons why directors are selling?

"Unit Price" too "high". Should give bonus issue 1:1 to bring unit price to RM2.10 to attract investors.

Good sign by selling loss making associate company. This associate lost RM5.0+M in 2016. Without this associate, their result will be better.

Lion Industrial has the biggest production capacity and should benefit most from price uptrend.

Ho Hup will benefit from profit sharing of this project.

http://www.sinchew.com.my/node/1673643/%E6%AD%A6%E5%90%89%E5%8A%A0%E9%87%8C%E5%B0%94%E5%9F%8Ethe-park2%E6%8A%A2%E6%89%8B%E2%80%A7%E9%A9%AC%E9%A1%BF-tower-2%E5%86%8D%E5%88%9B%E4%BD%B3%E7%BB%A9

http://www.malaysia-chronicle.com/tanjung-malim-malaysias-next-boom-town-thanks-to-china/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5460109

https://www.bloomberg.com/news/articles/2017-06-05/the-hard-to-believe-steel-shortage-that-s-unfolding-across-china

https://www.bloomberg.com/news/articles/2017-06-05/the-hard-to-believe-steel-shortage-that-s-unfolding-across-china

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5413005

extended 3 years

http://www.federalgazette.agc.gov.my/outputp/pub_20170413_P.U.%20(B)%20191.pdf

Safeguard extended 3 years

http://www.federalgazette.agc.gov.my/outputp/pub_20170413_P.U.%20(B)%20191.pdf

Safeguard extended 3 years.

After share split, total shares now is 304,585,000 shares. Based on RM5.25M PAT, the eps is 1.7cents and annualized to 4 quarter is 6.8cents per share.At today's price of RM0.895,the PE is 13x

Dear VenFx, i could have missed your posting. Can you pls re-post again. thanks

any change in EG WC conversion cost after the new rights issue & bonus issues?

4% premium. Very low......good buy.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5376413

This exercise is full of RPT & conflict of interest. Mayland taking us for ride. They are selling their lands to L&G from shareholders' monies & then will privatize the company & the 540M cash at the company go back to their pocket