Posted by pari57 > 2013-07-25 10:32 | Report Abuse

buy buy buy

Posted by iwan1991 > 2013-07-25 10:33 | Report Abuse

can rebound?

Posted by Jyen > 2013-07-25 10:37 | Report Abuse

What a big U turn. What had happened?

Posted by sephiroth > 2013-07-25 10:52 | Report Abuse

Latest quarterly profit drop 57% y-o-y
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1358657

Posted by OracleX > 2013-07-25 11:08 | Report Abuse

0.605 is way too cheap for this counter

Posted by Jyen > 2013-07-25 11:12 | Report Abuse

I see, hope it will pick up.

Posted by choolooi > 2013-07-25 11:17 | Report Abuse

Thx for the coz of fall.

Posted by Shareholderz > 2013-07-25 11:29 | Report Abuse

Should I sell? i bought at 0.885

Posted by Shareholderz > 2013-07-25 11:29 | Report Abuse

0.585*

Posted by kcfan > 2013-07-25 20:17 | Report Abuse

截至5月31日止第四季，同益岸外（TAS，5149，主板工业产品股）的净利按年猛挫56.7%，至308万令吉，上财年同期为711万7000令吉。
尽管净利大跌，董事部仍宣布在该季派发每股2仙单层中期股息，除权日为8月26日，享有权益日期则落在8月28日。
同时，现财年同季营业额则按年上涨44.8%，至4838万5000令吉，上财年同期为3341万6000令吉；现财年同季每股盈利为1.75仙。
该公司在截至今年5月杪财年，全年共净赚1345万5000令吉，比上财年的1133万2000令吉，按年增长18.7%。
全年营业额则从上财年的1亿157万3000令吉，累积至1亿3799万6000令吉，涨幅为35.9%。
随着石油与天然气领域的大型业者持续增加岸外深海勘探与生产活动，预计有助于提高岸外支援船需求，促使该公司乐观看待前景。

Posted by Superman88 > 2013-07-25 20:24 | Report Abuse

omg, no wonder drop

Posted by Husnul Khatimah Jane > 2013-07-26 13:05 | Report Abuse

http://mystar.newspaperdirect.com/epaper/iphone/homepage.aspx#_articlee67fbc9c-c959-4748-84f0-eeb014ed824b/waarticlee67fbc9c-c959-4748-84f0-eeb014ed824b/e67fbc9c-c959-4748-84f0-eeb014ed824b//true b Group net profit up 20%

Posted by jahra > 2013-07-26 13:07 | Report Abuse

unfortunately dont understand Chinese, is there an English version of this report....

Posted by chia88 > 2013-07-30 09:30 | Report Abuse

I think at this current price is sell man 0.57 is high.

Posted by hobson64 > 2013-07-30 09:38 | Report Abuse

sell lah, i sold mine yesterday...market is having bad cold.

Posted by bwchng > 2013-07-30 09:44 | Report Abuse

everyday drop...shall be sell or hold?

Posted by Shareholderz > 2013-07-30 10:48 | Report Abuse

I run alrd today

Posted by chia88 > 2013-07-30 11:01 | Report Abuse

look at Sona, new share down where got mood man. This s a big big game.

Posted by shukriechek > 2013-08-01 16:12 | Report Abuse

Hope TAS will fly again tomorrow.

Posted by bwchng > 2013-08-05 10:48 | Report Abuse

Fly ....Fly ...Fly

Posted by avenger88 > 2013-08-05 10:52 | Report Abuse

bila ada terbang?

Posted by kinghu > 2013-08-05 15:53 | Report Abuse

hello, bwchng, TAS make ships how to fly? sail sail sell

Posted by JaniceLove > 2013-08-12 19:05 | Report Abuse

Hi guys...what is the TP ?

Posted by bluechip > 2013-08-18 19:30 | Report Abuse

TP=TARGET PRICE

Posted by JaniceLove > 2013-08-20 17:05 | Report Abuse

Thanks Bluechip for your kind feedback but what I meant was what is the target price for TAS.

Posted by pvd_investor > 2013-09-10 22:59 | Report Abuse

any news about this counter

Posted by rapizan > 2013-09-19 16:14 | Report Abuse

this counter will fly...

Posted by Jyen > 2013-09-20 10:59 | Report Abuse

Wow, this counter is in upward trend now.

Posted by rapizan > 2013-09-20 14:30 | Report Abuse

fly...fly...fly

Posted by pvd_investor > 2013-09-20 22:29 | Report Abuse

What is the TP for this one ah and any idea why u say there will be an uptrend?

Posted by curiwangbagus > 2013-09-22 17:22 | Report Abuse

how can u say it will fly without valid reasons?

Posted by pari57 > 2013-09-22 21:04 | Report Abuse

Goreng maa.

Posted by rapizan > 2013-09-23 09:14 | Report Abuse

i already say.....its fly...fly...fly

Posted by rapizan > 2013-09-24 15:28 | Report Abuse

come on....TAS show your strenght

Posted by rapizan > 2013-09-24 16:50 | Report Abuse

wow....end of the day it's coming

Posted by Aeim12 > 2013-09-24 16:53 | Report Abuse

yeah, at least for now.

Posted by rapizan > 2013-09-24 16:55 | Report Abuse

tp 1.15 ....still far away...can add some more

Posted by avenger88 > 2013-09-24 20:38 | Report Abuse

what happen tas keep up

Posted by solomon > 2013-09-24 20:42 | Report Abuse

Because of this:
http://klse.i3investor.com/servlets/ptres/18522.jsp

Posted by avenger88 > 2013-09-24 20:44 | Report Abuse

thanks, next month financial be good

Posted by androsjy > 2013-09-25 09:47 | Report Abuse

Momentum coming... faster...

Info from the above link:

BUY, with MYR1.15 FV. We like TAS for its: i) strong orderbook of MYR363.2m as at end-Aug 2013, ii) positive growth prospects in the O&G sector, (iii) ability to capitalise on the low-tax system in Labuan, and (iv) solid balance sheet. Earnings growth will be strong in the next two years, with its average price earnings-to-growth (PEG) ratio since listing remaining low at 0.16x. We recommend a BUY on TAS, with our MYR1.15 FV pegged to a P/E of 9x, at a 55% discount to its four-year average P/E of 16.5x. TAS is trading at an undemanding FY14 P/E of 4.9x, or 3.9x after incorporating MYR23.3m in net cash as at end-May 2013, or MYR0.13 net cash per share. The company is also still trading below its NTA/share of MYR0.87 as at end-May 2013.

Posted by faridfadhly > 2013-09-25 09:57 | Report Abuse

they got AGM next month.. can expect good news from that

Posted by mokhzaini > 2013-09-25 12:02 | Report Abuse

bro @faridfadhly is that so?

Posted by snapper mal > 2013-09-25 12:20 | Report Abuse

TRY 0.80...TARGET?? Anybody with latest info

Posted by envision192 > 2013-09-25 14:30 | Report Abuse

theyre bidding 60m usd worth of new jobs... so total orderbook will balloon to 552m RM. their 2013 revenue was 217m rm. so orderbook to revenue ratio is 2.54x... coastal contracts a comparable peer is only doing a orderbook to turnover ratio of 1.57x. Coastal PE is 9.5x and TAS is only 5.7x. so if we use 9x on FY14 EPS , TAS offshore tp is 1.15 as per above paragraph. but i think it should deserve higher because of its larger orderbook to revenue ratio

Posted by milino > 2013-09-25 14:32 | Report Abuse

@faridfadhly...i know this...watever he selling i am buying..seriously not bluff.

Posted by dfsbipohsch > 2013-09-25 20:47 | Report Abuse

I hv go in at aver 0.735 - 50 lots today. Hope can go up

Posted by airolikmar > 2013-09-25 23:43 | Report Abuse

So should i still keep this at not selling?

Posted by air01557 > 2013-09-25 23:47 | Report Abuse

tp 1.15 - don't sell now !!

Posted by sasopi87 > 2013-09-25 23:49 | Report Abuse

Prospective venture into PNG

KUCHING: TAS Offshore Bhd is venturing into Papua New Guinea to further expand its presence in the tugboat market and improve customer base in Indonesia.

“The demand for tugboats from the mining and timber industries in Indonesia is still very encouraging,” the company said in a message to shareholders in its newly released 2013 Annual Report.

For the financial year ended May 31 this year (FY13), TAS delivered 12 units of tugboats to buyers, with several more worth a total contract value of RM4.5mil under construction.

Also delivered were one harbour tug, one anchor handling tug supply (AHTS) vessel and one landing craft.

Contracts on hand as at end of last month are worth RM363.2mil, of which RM270mil comprise AHTS vessels, RM73.2mil offshore construction vessels and RM15.6mil harbour tugs. TAS outsources the construction of most of its new AHTS vessels to an established shipyard in China.

“Our current contracts on hand will last into financial year 2015,” it said.

Based on contracts secured by the company and those by other shipyards, TAS said it seemed that the demand for offshore support vessels and tugboats had remained positive.

“We will seek to enhance our market share growth by focusing on our shipbuilding activities. 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 deep sea oil exploration and production activities.

“We are involved with the build-for-sale business model which provides better returns.”

The company also said the expected growth in overall demand for oil and gas, driven by popu- lation growth and better living standards, together with the high resilient crude oil price of about US$100 per barrel, had continued to spur oil majors to increase their deep sea exploration and production activities.

“We are optimistic in our outlook that new demand for offshore support vessels with high technical specifications suitable for deep sea operation will grow. We have already moved along this direction to cater for the demand and growth.

“Going forward, we will expand our build-for-sale activities (for offshore support vessels).”

In FY13, TAS posted a group net profit of RM13.5mil on revenue of RM138mil, which was an improvement of RM2.3mil (20%) and RM36mil (35%) respectively from RM11.2mil and RM102mil, respectively, a fiscal year before.

The company attributed the better performance to the increase in sales of AHTS vessels, which carried higher sale value and better profit margin.