TDM is keen to reduce its dependency on tis plantation division and enhance its other core division, healthcare. Its chairman Datuk Roslan Awang Chik said it is planning to cut down the plantation sector revenue contribution to 70% from the existing 85% to 90%. TDM CFO Amir Mohd Hafiz Mohd Khalid meanwhile said the group will continues to drive its brand for both sectors in the face of increasing completion.
Jimmy Young: cabut & then buy back when the price is attractive...no doubt this counter is a good counter but Raya is around the corner, need luit for ang pow green packets...long q of nephews & nieces...big family maa...kikiki
Actually this company price before split was 4.50 and now the price still least expensive. As the company reduce the plantation and focusing in medical field.
Good morning all traders & investors and thank you so much to jjoker for a significant input. Well, it looks like key persons in TDM disposed their share and for sure good $ for them. In my opinion TDM shares price will weak again soon and this time they will buy back. Logically they do not want to reduce their % of interest in the company.
The thing that TDM scares me is that the stock price can go up very quickly with huge volume all of a sudden without any public announcement or news. Then some corporate announcement will be made a few days later. This signals that insider trading is at large with this counter.
If insider trading can push the stock price up so quickly, it can do the same thing in the opposite direction.
this counter is fundamentally sound, its profit margin is one of the highest among its peers. In which, while CPO price bounds back above 2700, i think its bottom line will improve more than the others.
Normally after share split,people forget about the 'real' price. For me, rm 1... is achieveable. So need to be patient. i think the price could be pushed by medical div. my 2 cent idea.
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MQ Trader 468 views | 11 h ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
elvin88
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Posted by elvin88 > 2013-07-18 10:49 | Report Abuse
Coming soon 0.900