ho ka cai, i just w.a.s. on TAS only! It is just like 0034,7071 and many others; dig hole and let investors jumped into it. The promoter also the same.......Monday pity you people....
look, sifu "lihai" or me is clever? sifu foreseen 0.55, i predicted it may touched 0.435! TAS is conning buyers to pick whereas their people were throwing at the highest; 0.505........ it may be their paid the press to write ALL THE BEST, in fact i.e. not! Sarawak is 2far for investors from west to monitor their real business. So, d4 u all need to pratice my strategic; i.e. W.A.S. play safe. GOOD LUCK 2MORROW! BYE
MIDCAP-Tanjung Offshore most attractive in Malaysian energy sector Mon, Oct 8 2012
Tanjung Offshore Berhad looks the most attractive on valuations among 10 stocks in Malaysia's energy sector tracked by at least three analysts, data from Thomson Reuters StarMine shows.
The firm has a Relative Valuation (RV) score of 95, the highest in the sector and an above average Value-Momentum (Val-Mo) score of 76. The higher the RV score the cheaper the stock compared to its peers.
Tanjung's Earnings Quality (EQ) score has increased 14 points to 66 since the company's second-quarter earnings were announced on Sept. 4.
The oil and gas services provider's gross margin rose to 38 percent in the June quarter from 21 percent in the previous quarter.
Its free cash flow (FCF) rose nearly eight times to 53 million ringgit for the quarter ending June from a year earlier, while net income declined 13 million ringgit to a net loss of 6 million ringgit during the same period.
All four analysts tracking the stock give it a 'sell' or 'strong sell' rating.
The stock is up nearly 14 percent over the past 30 days, while the broader index gained 1.17 percent in the same period, as of Friday's close.
On the other end of the spectrum, Sapura Kencana Petroleum and Bumi Armada Bhd are the most expensive stocks in the Malaysian energy sector with an RV score of 23 each.
Don’t be paralyzed by the fear of making a mistake. Understand that the best opportunities usually carry more perceived risks, and distinguish carefully between the risks that matter most and those you can live with. As long as I know the risks I’m taking and the stock prices are compensating me to take those risks, I can live with that.
My current position average down to RM0.42 still profit ahead.
Bingo,are you focus on Tanjung offshoe ? Here is Tas offshoe counter.
kcfan m my friends and I are totally in TAS....soon it will merge with another O&G counter, then bingo off course all the way to the bank, laughing off course.
Be frank, actually i am almost in the same boat with you people. but, my remiseier advised me; he said tas is an 80yrs old man! going up the hill is very slowly and dangerous. he may STOP half way or REVERSE walking down. so, i took his advice and see how is the later outcome. Another thing, do you all observe? O&G counter e.g. if perdana moves alam,perisai and many others follow. Now, tg offshore is in down trend tas is also the same. i read nexttrade & the stock library; i like to monitor what they said and study how reliable they are. tas was focus by nexttrade in oct 12. So???
Technically speaking, using the Fibonacchi Retracement, if break below 0.43 then the next strong support is seen at 0.38. However need to see how the Bollinger Bands indicator supports this price target next few days. I'm queing at 0.38 :)
gd news to all TAS buyers! if i am not wrong TAS will rebound 2morrow or next week. m'day off market TAS was traded 1,398,000 @ 0.45 & y'day 310,000 @ 0.44. So, let's watch!
you are correct! sharks loan from directors and fried it hot & high! now buy back for them also possible. but i cant understand they can buy cheap at seller's price, why they wanted to buy higher off market?
I love tas. This is one of my favorite counters to trade. I started buying at 36 cents n is one of the counters I hardly ever had to worry about during downturns. Good fundamentals, dividend alright. Hope it will rebound soon.
Performance review TAS Group recorded a revenue of RM102 million for FYE2012, a decrease of RM18 million or 15 percent as compared to the financial year ended 31 May 2011(FYE2011). However, profit before taxation for FYE2012 has increased by RM10 million to RM15.4 million, as compared to FYE2011. For FYE2012, the profit after taxation has improved and stood at RM11.2 million, an increase of RM7.3 million or 187% as compared to RM3.9 million reported for FYE2011. The improvement in performance was mainly due to the increase in sale of smaller vessels which carry better margin. The improvement enables us to register a better earnings per share of 6.34 sen and to increase net asset per share to 78.5 sen as compared to the corresponding figures of 2.15 sen and 73.3 sen recorded for FYE2011.
outlook The prospect for global recovery remains clouded by uncertainties due mainly to the continued fragilities in the advanced economies. Advanced economies experienced moderate growth but the recovery pace remained subdued amidst the slow economic recovery in the United States, turbulence in the sovereign debt markets and the prospect of fiscal measures in the European Union. In addition, the sanctions imposed by the United Nation on Iran will affect the trade patterns, oil price development and economic recovery of the major nations. However, in the midst of all these disheartening scenarios, the resilient crude oil price provides a timely stimulus to the shipbuilding industry. Oil and gas industry is expected to grow due to the growing demand caused by the increase in population and better living standard. High resilient crude oil price of about US$100 per barrel has continued to spur oil majors to increase their offshore deep sea exploration and production activities. The demand for offshore support vessels is expected to increase in tandem with the increase in offshore deep sea exploration and production activities. We are optimistic in our outlook that new orders for offshore support vessels are going to resurface.
Growth is expected to be supported by the demand in tugboats coming from the mining and timber industries, and offshore support vessels sought after by the oil majors for the deep sea oil exploration and production activities. It is heartening to note that our current contracts on hand will last into financial year 2014. In addition, involving with the build-for-sale business model which provides better returns.
2013 remains to be challenging as the global recovery is still uncertain. However, the opinion that 2013 will be a better year and the Board will continue to cautiously work towards securing better and more projects and profits for the shareholders. TAS remain committed to our tradition of being prudent in steering the Company to another bright and fruitful year.
this is kcfan familiar counter , watching n monitoring it daily , just like following the heart beat n knowing when the BP will go up or down lol . ............
Monitoring a collection a stocks, whether held in a real or imaginary portfolio, for the purposes of learning how the prices move and business outlook progress.It's be myself daily home work as same with all of you.Let's share and learn together.Nice !
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....
minitrader
2,273 posts
Posted by minitrader > 2012-11-23 11:00 | Report Abuse
holidaying...skiing...