don't like this stock. alex lu gives thumbs up. not me though.

duit masuk. sold and book profit. i don't like the price action. super low dividend too.

wow. i could be proven wrong on this one. wow. i hope so.

saw a picture of the THPLANT board in starbiz. sloppy looking bunch - not buying the stock. funny how we got to same conclusion.

you're right. Yee Lee has super low margins. i'm not sure how vertically integrated, how much upstream it is involved in. its other brands (toothpaste etc) have no recognition. this company has been stagnent for some time, but you know what they say about bull markets....

you're right. i have my strategy, you have yours. i could be wrong. sure. its the free market. people are free do do as they wish, as they like. not so free, however, is the money you have to front to buy shares...

and why on earth are these pension funds selling??? why not be buying since everyone thinks below 4.00 is a bargain??

If there is another market crash, this stock is going to get hammered, and is not going to recover. that is for sure.

Post removed.Why?

Do not listen to gansai or KL Vin. Don't catch a falling knife. This share is going down, for many reasons. While all others are going up, this is going down. This should not be happening. This is basic stuff. Wait until confirmed uptrend, before buying!

The following is an excerpt from Rolf Dobelli's excellent book "The Art of Thinking Clearly"

The sunk cost fallacy is most dangerous when we have invested a lot of time, money, energy or love into something. This investment becomes a reason to carry on, even if we are dealing with a lost cause. The more we invest, the greater the sunk costs are, and the greater the urge to continue becomes.

Investors frequently fall victim to the sunk cost fallacy. Often they base their trading decision on acquisition prices. "I lost so much money with this stock, I can't sell it now", they say. This is irrational. The acquisition price should place no role. What counts is the stock's future performance (and the future performance of alternative investments). Ironically, the more money a share loses, the more investors tend to stick by it.

This irrational behavior is driven by a need for consistency.....

-Rolf Dobelli

I'm not a fan of diversification in Bursa. Stick to the performing, dividend paying counters. there are not that many to chose from.

this stock has been down (going down) for ages (since IPO)...why did't you buy earlier?

only if parkson quits china, then only shares will fly. otherwise its going to be a laggard. china is a huge drag on earnings, and will only get worse, not better. they need to get out now and focus on malaysia. or else this could end in tears for everyone.

wow. back from the dead huh? i can't believe my eyes

i guess that's one way of looking at it. i wouldn't assume too much from the technics acquisition. not a strong point, and will be a drag on earnings for awhile.

what will be a catalyst for the share price will be a bonus/split, special dividend or buyback. I think the buyback is looking very likely.

i'm quietly optimistic about this one. as i mentioned earlier, resistance at 1.40. it broke, and has closed at/above - support. could this be the start of that long awaited move up to 1.70?

Sure, no problem :)

Very happy with this buy. I was not expecting to rise so fast. I thought 3.00 only possible in December. Don't worry, I'm not complaining!

Historical high for this counter is 4.51 set in Feb 1994. Still has upside potential.

Another, more recent high is 3.16 set in June 2007.

you are all correct. TTB and icap are finished, as far as i'm concerned. you only needed to have bought two or three select counters like dksh, pwroot, daibochi, hua yang, tune ins, hunza to outperform this fool. stop focusing on ikan bilis like TTB/icap. focus on the juicy alaskan king crabs, abalone, king prawns, tiger/dragon grouper, blue fin tuna in Bursa.

AIYOH! This TTB better re-align his portfolio before the market massacres it!

Post removed.Why?

this company should have seen the move to mobile years ago and transitioned. why aren't they doing anything about it? there is huge demand for dram and nand chips.

- as I mentioned earlier. To those hoping for a rebound - dream on.

You think its all so easy to walk into China and do business is it? What about all the American companies that failed (including Google and Apple).

New market, New challenge - that is why people us companies like Harrisons and DKSH to marketing and distribution. It is NOT easy at all. Even Coca-Cola used F & N (for how many years???)

Tesco spent 20 years investigating the US market before taking the plunge and still managed to mess it up.

http://www.guardian.co.uk/business/2012/dec/09/fresh-not-easy-tesco-british-failure-america

Its not as easy as brushing teeth people. You also need more than your Uncle, Sister, Brother, Daughter, Grandma to pull this kind of expansion off.

Whoops, not Pantech (at least not yet). My bad. I mean Octagon.

When stock goes above and stays above TP thats a very good sign. I believe Tasek TP is still 9.00. Its closing price on Friday was 16.10.

And what does that say about Malaysian companies and management?? Do they lack integrity, honesty, transparency, vision, corporate execution abilities, compromise, cooperation? Its a pretty damning indictment on corporate Malaysia in general if you ask me.

The thing is guys, I have come to realize that Bursa is not like NYSE or NASDAQ or FTSE or STI or Hang Seng. These markets are dynamic, and play by international rules. You can apply Warren Buffets strategy, Benjamin Graham rules, Value Investing, Altman Z Score etc etc. In Bursa, not so much. Better to apply Racist strategy (like UMNO) as I describe below...

I tell you one investment strategy for long term investors in Bursa. I know this is going to sound SO racist, and please do try and prove me wrong, but if you just bought companies helmed by "white guys", gwai-los, mat sallehs, you would have made tonnes of money...

Such companies like Carlsberg, GAB, Nestle, Dutch Lady, BAT (first Malaysian CEO in 2010, Mr William Toh Ah Wah) and Digi (after Vincent Tan sold it to Telenor). Am I right, or am I right?

"But actually icap at more than 20% discount to its NAV, to me is a good investment now, putting other things aside." -kcchongnz

That 20% discount unfortunately is the "Tan Teng Boo Stubborn Arrogant" discount.

Essentially the market is telling you to do your own homework and buy good stocks instead of wasting your time with this idiot.

Hua Yang has been super hot lately. They seem to be growing top line and bottom line revenue quite aggressively - which is great. However, I'm a bit uncomfortable with all this bonus issue shenanigans. Its not a sustainable way to drive stock price. I remember KNM doing the same thing. Good for you if you sold at 5-8 ringgits. If not, it all ended in tears.

it does not face the same problems, as it still generates most of its revenue from property. check the financial statements lah

Stop being so obsessed with Glove counters. Find a Condom counter or something, got ah? Sure demand never dry up. Definitely a "Growth" industry!

-Why these Glove counters don't make Condoms???

Use Google Translate lah

this company is NOTHING like Padani. Its mostly a high end niche property player, land bank in Penang, with a growing clothing segment. It partners and sells internationally renown brands -

Wing Tai carries 11 fashion brands in Malaysia such as Topshop, Topman, Dorothy Perkins, Warehouse, Pumpkin Patch, Wallis, Karen Millen, BCBG Maxazria, Diva, Miss Selfridge and Ben Sherman & UNIQLO

Profit from Property + Fashion Labels. Up another 7 cents today. Awesome.

Mainly because the Management caught AIDS and pass it to the share price.

Hooray a BUY BACK - finally. Those cheap Indian buggers are finally going to support the share price!

Add also MAS, Axis, Ekran, Java, Unisem, Pantech, Silver Bird, Luster, Sanichi, Nicorp, Hubline.
These are what I like to call "Terminal Cancer Patients" or "AIDS victims".

the tipping point? this share is in a "Bursa Downtrend". That is like you doctor telling you you have cancer. That usually means its heading to penny stock levels. Famous stocks in this category include KNM, Johan, MUI, CSL, Tiger, Harvest, CAP, etc etc etc

This usually happens when Chinese family-owned companies who think they know it all try and expand without hiring the right people. Disaster!!

hooi is probably TTB. instead of doing his job properly by allocating capital wisely (like Warren Buffet), he spends his time trying to boost the stock price in i3investor like a fool.

sure. if you can short-sell this stock because you belong to a Participating Organisation (PO) or a Proprietary Day Trader (PDT). sure to make money one on this stock. for sure!

As many other have said, especially kchongnz and fat cat tim buddy, why invest in ICAP when you can just buy a performing company? Its performance has clearly been below par, and TTB has lost the plot. Look at the share price, while all others rise, ICAP is stuck, why, because TTB is stuck!

that is correct sir.

unfortunately for ICAP investors, they have to deal with Tan Teng Boo. Whilst he may have once been a good manager, he is clearly still hurting from the last financial crisis and paralyzed with fear in making investment decisions. Just listen to him speak in this recorded podcast on BFM.

http://media.bfm.my/assets/files/MarketWatch/2013_05_07_MW_TanTengBoo_PostGe13.mp3

I will never put any money in any fund run by this guy. he has turned into one big coward.

or rather, read all the comments on page 2.

listen to the market and the other smart players. just scroll up a bit and read. also look at the share price performance. trust me, anyone can do it.

don't apologize. you have nothing to apologize for. you have my sympathies. no doubt you have paid a heavy price. i know people still holding knm, hoping for a turnaround.

hahaha...slowing down??? its at 5.5 cents. how much more slower can you go? hahaha

what not to like. Public Bank never disappoints. Never sold this counter. only keep adding.

but to be frank, MAS will probably survive @ its current share price. it is too-big-to-fail. a political nightmare. Najib can't afford to have one of Malaysia's largest corporate bankruptcies on his watch.

again. its all a matter of perspective. bullish on you 60min osk188 charting package, but not so bullish on a 10 year monthly chart.

Rights issue??? Hmmm...that reminds me of 2009. When the stock was trading @ RM3.03

Last updated: December 23, 2009 5:49 pm
Malaysian Airline unveils rights issue
By Kevin Brown in Singapore

Malaysian Airline System has unveiled plans to raise M$2.67bn (US$777m) through a rights issue and to buy up to 25 new wide-bodied Airbus aircraft, a move that sent its shares dipping almost 2 per cent.

MAS is the third south-east Asian airline to announce capital-raising plans in the past few weeks, following similar moves by Malaysia’s Air Asia and Singapore’s Tiger Airways.

“This is the best time to order aircraft,” Azmil Zahruddin, MAS chief executive, said.
“When you order in a downturn, you get better deals and the aircraft is received when the economic cycle picks up.”

On Tuesday MAS shares closed 1.93 per cent lower at M$3.05 in Kuala Lumpur compared with a rise of 0.05 per cent in the KLSE Composite index, which had fallen on the previous four trading days. The shares closed on Wednesday at M$3.03.

Analysts said MAS had chosen a good time to raise capital for the aircraft, which it needs to compete on routes where it is flying older planes than other carriers.

But the investment banking arm of Maybank, the Malaysian bank, downgraded MAS to “hold” from “buy”, arguing in a note to clients that the rights offer would dilute future earnings.
Abdul Jalil Rasheed, fund manager at Aberdeen Investments in Kuala Lumpur, which does not have shares in the airline, said the company would need to ensure it operated the new aircraft effectively.

MAS said it would issue 1,671m new shares on a one-for-one basis priced at M$1.60 each.
The rights issue is backed by Khazanah, the Malaysian state investment agency, which owns 17.33 per cent of MAS’s equity, and its subsidiary, Penerbangan Malaysia, which has a 52 per cent stake.

MAS said Khazanah and PMB had undertaken to take up their full entitlement.

Khazanah will subscribe for additional shares, raising the combined subscription by the two state agencies to 71 per cent.

The airline said it had signed a firm order with Airbus for 15 A330-300 aircraft, with options for a further 10 at a total cost of $5bn at list prices.

MAS already has six A380 aircraft and 35 Boeing 737-800 planes on order.
Mr Azmil said the carrier would have one of the youngest and most fuel-efficient fleets in Asia by the time all the aircraft were delivered in 2016.

Tiger Airways is planning an initial public offering on the Singapore exchange next month. People close to the deal say the group is expected to seek to raise up to S$250m (US$177m) for between 25 per cent and 30 per cent of the company.

Kuala Lumpur-listed Air Asia, south-east Asia’s largest low-cost airline, is considering a secondary listing in Thailand, then a listing in Jakarta.

--->Still want to average down? Maybe stock will be given away for free in 2 years time.

no. stay away. don't be silly.

In fact, you can see that its share price is only just returned to its IPO price after 10 years. A lost decade for shareholders.

Drilling??? When? I've been following this company and never seen any mention anywhere, on their website or anything. Dato has a problem with telling the truth.

I used Wayback machine to get a cached copy of the webpage from 2003. No mention of any drilling...

http://web.archive.org/web/20031031031407/http://www.protasco.com.my/

To be exact this is what is says:

Protasco chalks up 79 sen premium on KLSE debut

CONSTRUCTION and maintenance specialist Protasco Bhd made an impressive debut on the KLSE main board yesterday, opening at RM1.94 for a 68% premium over its initial public offer (IPO) price of RM1.15. The counter went on to hit a high of RM2.07 before easing back to close at RM1.84 on total volume of 30.19 million shares in a generally mixed broader market

"The response (from investors) is beyond our expectations," Protasco executive chairman Datuk Hasnur Rabiain Ismail said after the listing ceremony in Kuala Lumpur.Protasco, an investment holding company with four subsidiaries – HCM Engineering Sdn Bhd, Kumpulan Ikram Sdn Bhd, Paves Sdn Bhd and Protasco Trading Sdn Bhd – is involved in road construction and rehabilitation as well as road maintenance. The group currently owns the largest fleet of recycling machines in South-East Asia and the second largest worldwide. Going forward, Hasnur said Protasco would continue to bid for both government and private sector projects to maintain growth in its order book, and that it was confident of winning all the projects it had tendered for.

"In the longer run, we are confident of being able to capture the major share of local road rehabilitation and maintenance jobs as we have the expertise and can provide a cheaper alternative," he added. On top of an order book of RM1.36mil, which will keep the group busy until 2005, Protasco also holds three concessions that will provide it with recurring income.

As new roads are added, the demand for rehabilitation and maintenance work will grow," Hasnur said. On overseas expansion, he said the group planned to bid for jobs in countries like India and Bangladesh but would do so cautiously.