TANCO HOLDINGS BHD

KLSE (MYR): TANCO (2429)

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Last Price

1.61

Today's Change

+0.05 (3.21%)

Day's Change

1.55 - 1.62

Trading Volume

23,074,100


5 people like this.

2,765 comment(s). Last comment by moneymanager 1 day ago

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Tanco has received the approval letter from Jabatan Laut Malaysia/ Malaysia Marine

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487310

Posted by anonymouse66 > 1 month ago | Report Abuse

The Board of Directors of Tanco wishes to announce that Midports Holdings Sdn Bhd (a 79%-owned subsidiary of Tanco) (“MHSB”) had on 27 September 2024 received the approval letter from Jabatan Laut Malaysia/ Malaysia Marine Department (“MMD”) notifying that the Marine Risk Assessment (MRA) Evaluation Committee Panel (“Committee”) has accepted the “Marine Risk Assessment (MRA) Study for the Development of Smart Container Port at Port Dickson, Negeri Sembilan” report by MHSB (“the MRA Report”) and accordingly, that MMD approves and grants Permission for Activity to MHSB with certain conditions on the development and operations of the Proposed Port Project:

RiskRover

227 posts

Posted by RiskRover > 1 month ago | Report Abuse

Got the updates on the letter of approval. The new approval letter will replace the previous one and unconditionally grant MHSB the right to develop and construct the smart AI container port

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3488016

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

Tanco hits new highs every day. I am very happy to have this company in my portfolio 🤗

Soliday

76 posts

Posted by Soliday > 1 month ago | Report Abuse

Next week TANCO 1.50 rally !

Posted by BullishFei > 1 month ago | Report Abuse

The letter informed MHSB that the Marine Risk Assessment (MRA) Evaluation Committee Panel had accepted the report titled "Marine Risk Assessment (MRA) for Development and Marine Activity of smart AI container port at Port Dickson, Negeri Sembilan.”

As a result, the MMD granted approval and permission to MHSB for all marine activities and the development of the smart AI container port as part of the proposed port project, Tanco added.

Posted by BullishFei > 1 month ago | Report Abuse

Keep TANCO until 2.00!

Posted by AnthonyAng666 > 1 month ago | Report Abuse

It's heading towards RM1.50 first 🤗 Next week got show

LaoHaidi

332 posts

Posted by LaoHaidi > 1 month ago | Report Abuse

Even the Middle East war could not stop Tanco's upward trend. Stong 💪

Soliday

76 posts

Posted by Soliday > 1 month ago | Report Abuse

This week can see 1.60 if market is good

Posted by mastertrder > 1 month ago | Report Abuse

boss keep buying, full of confidence!

ocbc

1,170 posts

Posted by ocbc > 1 month ago | Report Abuse

looks like Pertama , becareful !

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

Looks like ocbc missed the boat. A child being left behind. haha 😆
It's going to move up like Gamuda or 99 speed mart

ocbc

1,170 posts

Posted by ocbc > 1 month ago | Report Abuse

Good luck Mohd. Musical chair on-going.

Posted by AmberAsset > 1 month ago | Report Abuse

Alrdy ride Tanco from 60 sen, let's see how far can it go

Posted by RotiBakartelur > 1 month ago | Report Abuse

just be careful, so far so good while TANCO are moving up like a tank

RiskRover

227 posts

Posted by RiskRover > 1 month ago | Report Abuse

ocbc is the next Michael Kwok who will get his face slapped hard. ha🤣

Posted by anonymouse66 > 1 month ago | Report Abuse

Hehehe another green week, 1.60 not a dream

Posted by AnthonyAng666 > 1 month ago | Report Abuse

AWESOME, it reaches RM1.50 as anticipated. Congratz again to those who hold tight Tanco

Posted by FintechHarmony > 1 month ago | Report Abuse

as long TANCO-WC in negative premium then just collect, no brainer to accumulate with current condition

xlva

2 posts

Posted by xlva > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/730166

Tanco partners with Negeri Sembilan state-owned firm to develop industrial park.

KUALA LUMPUR (Oct 14): Property developer Tanco Holdings Bhd (KL:TANCO) said it is forming an 80:20 joint venture with Menteri Besar Negeri Sembilan (Inc) (MBINS) to develop an industrial park in Port Dickson.

The park, provisionally named the Port Dickson Free Zone (PDFZ), will be developed on 575 acres of land currently owned by SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, said Tanco in a bourse filing on Monday.

The collaboration will focus on acquiring the land and executing the development, which is expected to include warehouses, factories and other infrastructure, subject to approval from relevant authorities.


"This proposed joint venture is expected to generate significant future earnings for the group and will also strengthen the group's presence within the property development industry in Negeri Sembilan," Tanco said.

It added that the industrial park would complement its proposed development of the smart AI container port project in Negeri Sembilan.

The port, which recently received approval from the Malaysian Marine Department, is planned on a 194-hectare site owned by Tanco. The project will feature a 1.8km jetty, a terminal and a container handling area spanning 809,300 sq metres.

On June 6, Tanco's 79%-owned subsidiary, Midports Holdings Sdn Bhd, signed a memorandum of understanding (MOU) with China’s CCCC Dredging (Group) Co Ltd to further advance the container port project.

Last week, Tanco signed another MOU with CCCC Dredging Southeast Asia Sdn Bhd, a subsidiary of CCCC Dredging, to act as the professional consultant for the design and engineering of the smart AI container port.

Shares in Tanco closed two sen or 1.35% higher at RM1.50 on Monday, giving the company a market capitalisation of RM3.26 billion. Year-to-date, the stock has surged 154.24%.

Soliday

76 posts

Posted by Soliday > 1 month ago | Report Abuse

Tanco In Talks With State To Develop 623 Hectare Port Dickson Free Zone

Tanco Holdings Bhd's unit Tanco Land Sdn Bhd and Menteri Besar Negri Sembilan Incorporated (MBINS) have agreed to set up a joint venture company to develop a 574.73 hectare land area in Port Dickson into an industrial park to be known as the "Port Dickson Free Zone".

Posted by nahbrodontdothat > 1 month ago | Report Abuse

trailing SL is finally hit 😃

manka

766 posts

Posted by manka > 1 month ago | Report Abuse

tanco sudah kena todak....

tokhang21

255 posts

Posted by tokhang21 > 1 month ago | Report Abuse

riwayat kenaikkan tanco sudah hbis.. waterfall coming

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

Relax, just a transient pullback to wash away contra players or weak holders

winetime

527 posts

Posted by winetime > 1 month ago | Report Abuse

While market don't looking good with it, maybe is another good opportunity.

gohkimhock

3,129 posts

Posted by gohkimhock > 1 month ago | Report Abuse

the next meltdown stock? PE so high..

LaoHaidi

332 posts

Posted by LaoHaidi > 1 month ago | Report Abuse

Don't worry, Tanco has collaboration with Menteri Besar Negeri Sembilan to develop “Port Dickson Free Zone (PDFZ)” together. The future of AI ports still bright

rogers123

4,018 posts

Posted by rogers123 > 1 month ago | Report Abuse

Rubbish

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

rogers123 is rubbish? 😆

Posted by BullishFei > 1 month ago | Report Abuse

Some healthy retracement.... might be another re-entry point

RiskRover

227 posts

Posted by RiskRover > 1 month ago | Report Abuse

ikan bilis has been flushed out once again. ha. Nice rebound, Tanco

Posted by anonymouse66 > 1 month ago | Report Abuse

If this week can close above 1.40 then momentum still here

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Stocks behave like waves, with ups and downs. As long as it remains intact and continues to focus on AI, we are holding on

abcb

3,049 posts

Posted by abcb > 1 month ago | Report Abuse

Super overbought a d overvalued, may from back below 1.00

abcb

3,049 posts

Posted by abcb > 1 month ago | Report Abuse

NTA worth 0 .15
PE 274 ,crazy
EPS 0.005

abcb

3,049 posts

Posted by abcb > 1 month ago | Report Abuse

Take profit as soon as possible, sure dive down soon

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

abcb is another child that being left behind 😆

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

or ocbc is abcb 🤔 Two same child and same user ?

Soliday

76 posts

Posted by Soliday > 1 month ago | Report Abuse

Tanco already retrace from previous high, support also seems to form near 1.35 - just play around this range

LaoHaidi

332 posts

Posted by LaoHaidi > 1 month ago | Report Abuse

Now, the new support has been formed at RM1.43 there. It has resumed its journey to RM1.50 and above, hehe

Posted by AmberAsset > 1 month ago | Report Abuse

Tanco are going to stay here for awhile before moving again.... monitor closely

Posted by moneymanager > 1 month ago | Report Abuse

Retracement now, good time to accumulate more before another rally

Posted by moneymanager > 1 month ago | Report Abuse

Based on the trade summary, most likely will have another round of spike

Posted by AnthonyAng666 > 1 month ago | Report Abuse

People are swing trading in the price range of 1.36 - 1.45

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

Let the traders trade, because Tanco is going to get hotter 😁

Posted by moneymanager > 1 month ago | Report Abuse

Accumulate while still have chance getting a good price

Soliday

76 posts

Posted by Soliday > 1 month ago | Report Abuse

1.35 newest support, next week resume the run towards 1.40

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