TANCO HOLDINGS BHD

KLSE (MYR): TANCO (2429)

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Last Price

1.01

Today's Change

-0.02 (1.94%)

Day's Change

1.00 - 1.04

Trading Volume

24,303,700


5 people like this.

2,579 comment(s). Last comment by RiskRover 1 day ago

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2015-08-27 15:44 | Report Abuse

kllady_fidah@yahoo.com

newbird33

173 posts

Posted by newbird33 > 2015-08-27 15:58 | Report Abuse

Pls share the interesting info.

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2015-10-09 12:01 | Report Abuse

guess starting

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2015-10-12 10:39 | Report Abuse

engine starting

Zoom

1,193 posts

Posted by Zoom > 2015-10-16 09:26 | Report Abuse

just sapu all 0.155

Posted by Simon Ngiaw Wei Si > 2015-10-16 11:35 | Report Abuse

how is this company good?? any comments?

Posted by lusterpundi > 2015-10-23 13:17 | Report Abuse

0.28

crazy127

1,303 posts

Posted by crazy127 > 2015-10-27 23:23 | Report Abuse

I.39

Jacob Lim

58 posts

Posted by Jacob Lim > 2015-10-28 10:38 | Report Abuse

Crazy127, any rationale for 1.39?

Jacob Lim

58 posts

Posted by Jacob Lim > 2015-10-28 10:38 | Report Abuse

seems someone is collecting..

Posted by lusterpundi > 2015-10-29 12:40 | Report Abuse

year 2002 ...1.27

Jacob Lim

58 posts

Posted by Jacob Lim > 2015-11-06 16:09 | Report Abuse

zzzZZzzzZZzzz... no fun tis counter..

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2016-04-07 17:54 | Report Abuse

time to buy???

malinfan

698 posts

Posted by malinfan > 2016-05-12 15:36 | Report Abuse

AhTan sapu quietly ahhh' .....hehehe'

ibull

61 posts

Posted by ibull > 2016-05-25 15:33 | Report Abuse

Ah Tan&Co sudah tak tahan.....sudah mahu sapu kuat kuat....

ImCK

2,999 posts

Posted by ImCK > 2016-06-02 00:38 | Report Abuse

rubbish tanco always waste people time

ibull

61 posts

Posted by ibull > 2016-06-05 23:49 | Report Abuse

theEdgeWeekly....Tanco is the most undervalued property stocks......having the lowest price/nav @0.19...(price.=0.09 / net asset per share 0.46=0.19)....& low prices make property stocks prime M&A targets.

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-15 13:40 | Report Abuse

oh no..................................... suspended..

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-15 13:40 | Report Abuse

good or bad?

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-15 14:01 | Report Abuse

don't tell me they wan to privatise it at 0.10... I will bang my head to wall

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-19 14:14 | Report Abuse

nothing..

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-19 14:15 | Report Abuse

no show

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-19 14:27 | Report Abuse

The Company wishes to announce that it has been informed by Kenanga IB vide its letter dated 18 July 2016 that Kenanga IB has received Bursa Malaysia Securities Berhad’s query pertaining to the proposed amendment to the conversion price of the ICULS. Pursuant thereto and the strong advice in respect thereof given by Kenanga IB to the Board, the Company wishes to announce that the conversion price of the ICULS as disclosed in Clause 1 of the Trust Deed in Appendix I of the Circular is not to be amended.

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-19 14:27 | Report Abuse

tak faham

spider68

460 posts

Posted by spider68 > 2016-07-19 15:18 | Report Abuse

Thanks to bursa, icul holders cannot convert their iculs at a revised cheaper price. Who hold the most iculs? ha ha ha.

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-19 16:42 | Report Abuse

any TP for this tanco?

spider68

460 posts

Posted by spider68 > 2016-07-19 17:02 | Report Abuse

Holland

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-20 14:13 | Report Abuse

ok.. lets go Holland

JSChin

2 posts

Posted by JSChin > 2016-07-20 22:43 | Report Abuse

Tanco want to issue notes worth 2bil shares for only 100mil with par value 0.05, and the EGM is 26th July, I personally thankful for Bursa to block them from revising the ICULS, at least the Bursa team is working on making sure malaysia market is good for minority shareholders. Hoola!! But I think bursa only need to block them from issuing the notes.

Tanco have 350 acres of land in port Dickson. recently on June 2013, they sold a land of 8 acres adjacent to the existing land for RM20mil, http://www.tancoholdings.com/investor/corp_announcement/2013_THB-%20Disposal%20of%20land.pdf

So now imagine 350 acres of land worth how much? Minimum value of RM875mil!!!!!
Now they also embarking on 5bil GDV, with estimation profit of 30 percent, equal to 1.5 bil profit. These Exclude the 170 acre of land in Terengganu and Pahang. This value the company at myr2.50 or if we look at retain profit, it will worth about MYR5.00

Now they trying to use this Issue of note to dilute us, the tan family and the fund is link as the fund is acting as a Proxy according to sources. Guess how much the fund charge for the fees of 100mil notes? It is whooping 7.5mil. we should block them from going through the EGM since they only have 27 percent shares. If we can gather 30 percent to 40 percent vote to vote against them, invite good manager to run this company long term, then u have next ecoworld in making!!

Ok if worst come to worst they able to go through this EGM, the share will still worth 0.37 cents (875mil/2.3bil shares)

*note I invested in this share!

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-21 00:17 | Report Abuse

sound interesting.. should I buy tmr? it is sti cheap at 8cent... unbelievable.. how come the share price can go so low?

JSChin

2 posts

Posted by JSChin > 2016-07-21 09:12 | Report Abuse

.It start to drop from 0.13 to 0.07-8 when they announce the stupid ICULS conversion + this 100mil notes. Directors are not perforrming, who know the main purpose is to make the company lost money so that minor shareholders sell the share and they collect, else why they even bother looking for ICULS revise from 2 to 1, why bother issue notes 100mil, intention can be seen, 司馬昭之心,路人皆知

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-21 12:55 | Report Abuse

Thank u, now only I understand..

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-21 23:39 | Report Abuse

suddenly not much / no transaction for this stock.. quiet

saltedfish

3,282 posts

Posted by saltedfish > 2016-07-21 23:50 | Report Abuse

Put money in this stock is like throwing money into the ocean...Lol

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-07-22 00:25 | Report Abuse

saltedfish...how are u?

1000000000 yrs never chat with U liao..

wanna join for a super sonic counter?

PYEK

5 posts

Posted by PYEK > 2016-07-24 21:32 | Report Abuse

Who want to go and vote against it? I also got share planning to vote against

Jacob Lim

58 posts

Posted by Jacob Lim > 2016-07-25 10:58 | Report Abuse

no use, they are the majority..

spider68

460 posts

Posted by spider68 > 2016-07-26 14:05 | Report Abuse

Tanco Holdings Berhad presently at RM0.07 per share is ripe for a hostile takeover or substantial shareholders to enter and check balance the major shareholders.

PYEK

5 posts

Posted by PYEK > 2016-07-27 00:13 | Report Abuse

27 percent only . All have to go t f them

Posted by Dammy Garage > 2016-12-30 08:26 | Report Abuse

vol up

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2017-02-10 09:05 | Report Abuse

wat happen?

Jay

1,126 posts

Posted by Jay > 2017-02-10 09:16 | Report Abuse

disposing a property for RM50m, but actual proceeds only around RM5m after settling payments

Jay

1,126 posts

Posted by Jay > 2017-02-10 09:16 | Report Abuse

but still significant for a company so small

Posted by Victor Tan Tong Hwa > 2017-02-10 11:15 | Report Abuse

So it will not last for long?

Posted by Zultrades87 > 2017-02-10 13:16 | Report Abuse

Hi guys. How a percentage this company today. How im buy or no for lucky baby trades today.thanks.

Jay

1,126 posts

Posted by Jay > 2017-02-10 14:07 | Report Abuse

be careful with the big shark, Advance Opportunities Fund. They are going to subscribe RM100m worth of MTNs in the next 3 years, convertible into Tanco shares and they will dump in the market (because they can't hold more than 10% at any time). Compared to their today's market cap around RM30m...

Jay

1,126 posts

Posted by Jay > 2017-02-10 14:09 | Report Abuse

and they can afford to dump because the conversion price is at 20% discount to tanco market price at any time they wish to convert. Tanco really desperate for cash to get into this kind of lopsided deal

Posted by Zultrades87 > 2017-02-10 14:53 | Report Abuse

Is realy..woaw..goodfeelig u athink Jay. So im see je' today..

Jay

1,126 posts

Posted by Jay > 2017-02-11 10:13 | Report Abuse

read it carefully, they intend to maintain the listing status.

it's just a mandatory takeover, they don't want to buy your shares, maybe that's why they time their announcement to push up the price so that nobody will accept their offer

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