Ei please la, don't compare this company with XOX and Anzo....this company has been growing for 8 consecutive years with profit.....buying rate for big lot is high, which I think banker is collecting.. i don't know when this counter will up back.. but definitely will be short term and will break new high very soon..
Techfast have made private placement to buy 35% stake in CCK Petroleum Sdn Bhd for RM26.25 million via a combination of cash and issuance of new shares. This company will not invest in new company if they don't see propect to diversified.
money should put in the company that really focus in company business . not by creating headlines to drive up the share price and make profit out of it. seems like alot of investors knew their plot and who are the persons behind it :) look at xox n kanger if you need more clue ;)
Techfast's new executive director Vincent Tan Wye Chuan seems to be the mastermind behind this deal, should research on his credentials. From my knowledge, he has connections with some controversial figures such as Nuffnang's Timothy Tiah and Ryan Loo who is the brother of Tealive's Bryan Loo.
yes... look at what they did to xox, after pump the share price they took profit, retail investors took the fireball.... kanger next ... now same tactic on techfast.... pls invest wisely..
i still cant figure out how can a 1 billion big contract the share price can fall like water fall in last year November, no LU is one thing but at least price should sustain but it went downward ....
u see the profit margin in the annual report show at least 10 %. , Now, you look back at current price trend , it work exactly like last year November.......
The actual figure of the deal is inaccurate. It is assuming that they will sell 30,000 tons of fuel per month when the reality is between 10,000 to 30,000 tons. The actual contract should be worth between RM730 million to RM2.2 billion.
Vincent Tan Wye Chuan and Steven Kuah Choon Ching are entrepreneurs in their mid-30s willing to take risks. If you're into risk-taking, Techfast is your cup of tea. Remember, without risk there is no reward.
@vivianchow you are chun they are same group as Eddie XOX, the dirtiest player in Malaysia. He got plenty of sheep like vincent, bryan loo and his wife sally..
hahalol ... true... if everyone know their plot, boycott their counters, so tht they cant treat the stock market like atm machine. this is worst than money game! why cant sc take action on them?
@hahalol...syarikat kosong. Kreate berita billion billion project untuk goreng Retailers kau kau. Kereta sports cantik Ferrari, Lambo, BMW. Steven Kuah instagram selalu dengan Eddie, Bryan. Nak cepat kaya ikut mereka.
actually at 0.45 - 0.51 most sellers are selling at lost, they only sell because of fear. just need to boost their confidence and market will be up up!
I have been done great details work on tecfast. Put is simple. To have sign and secure both supply and demand 10 times the size of paid up capital is not possible unless they have strong financial backing, because these agreements need submission of financial data before proceed. therefore in Nov, theres a change in shareholders. 3 new shareholders come in. They got backing of tguan. Vessel bought. Private placement anoucement to bursa means real deal. These is s clean oil that is mandatory for shipping. With this deal, they are now change from manufacturing to oil refinery that is very profitable. N in these sectors, their cash, leverage, debt are considered better position to than petron n petdag. Ytl. Need to wait.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
JaydenF
32 posts
Posted by JaydenF > 2021-03-16 22:35 | Report Abuse
Ei please la, don't compare this company with XOX and Anzo....this company has been growing for 8 consecutive years with profit.....buying rate for big lot is high, which I think banker is collecting.. i don't know when this counter will up back.. but definitely will be short term and will break new high very soon..