TAS OFFSHORE BERHAD

KLSE (MYR): TAS (5149)

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Last Price

0.65

Today's Change

-0.01 (1.52%)

Day's Change

0.65 - 0.66

Trading Volume

20,000


9 people like this.

3,311 comment(s). Last comment by Abram66 1 month ago

Danny Siew

626 posts

Posted by Danny Siew > 2014-12-01 14:45 | Report Abuse

probaby.....tsunami coming, where r u liao....gone?

probaby

438 posts

Posted by probaby > 2014-12-01 17:16 | Report Abuse

hey... danny siew... you miss me so much ar?? hehe..

i also kena tsunami..... holding cash only..

Danny Siew

626 posts

Posted by Danny Siew > 2014-12-01 17:32 | Report Abuse

Wahhh...why u so lucky one...everyone here stuck in the mud liao...lol..

PHDC

574 posts

Posted by PHDC > 2014-12-01 18:15 | Report Abuse

cut loss,, no choice sell..... sell...

Posted by tonytaylor > 2014-12-03 11:43 | Report Abuse

its time to enter 0.80!

beso

2,137 posts

Posted by beso > 2014-12-03 11:58 | Report Abuse

O&G counter will drop further

PHDC

574 posts

Posted by PHDC > 2014-12-03 15:26 | Report Abuse

what happened ? drop so much...

probaby

438 posts

Posted by probaby > 2014-12-03 15:46 | Report Abuse

i told already sure will drop like shit....

probaby

438 posts

Posted by probaby > 2014-12-03 15:47 | Report Abuse

goflykite : where are you?

probaby

438 posts

Posted by probaby > 2014-12-03 15:47 | Report Abuse

apini : where are you ?

Danny Siew

626 posts

Posted by Danny Siew > 2014-12-04 11:01 | Report Abuse

no gas to comment alrdy'.......haiz'''

Bhai

96 posts

Posted by Bhai > 2014-12-04 16:00 | Report Abuse

halo..halo.. wake up, tas up already....lol

goflykite

349 posts

Posted by goflykite > 2014-12-04 17:43 | Report Abuse

Market sentiment is not good with crude oil price plunged to record low and surely will make a dent on tas order book

kk123

1,964 posts

Posted by kk123 > 2014-12-04 21:50 | Report Abuse

This is the better share - its build boats
PE 5 and almost debt less

taijackong

312 posts

Posted by taijackong > 2014-12-05 09:52 | Report Abuse

agreed, so can buy?

murali

5,723 posts

Posted by murali > 2014-12-05 10:14 | Report Abuse

Ageing anaysis of their trade receiveables (Annual report page 71)
Not past due 41,779,609
0 to 30 days past due 1,473,929
31 to 120 days past due 5,896,450
More than 120 days past due 39,907,640
Total 89,057,628

It shows that almost 43% of their receivables are oredi more than 120 days past due....is this a norm in this industry? Or else it could be a hidden bomb....

As at latest Q1 result, their receivables stood at Rm96m+

murali

5,723 posts

Posted by murali > 2014-12-05 10:17 | Report Abuse

Btw, their total receivable (2013) was only RM27M+ while those more than 120 days past due was ard RM2m+...the significant jump in their 120 days past due receivable are scary...

taijackong

312 posts

Posted by taijackong > 2014-12-05 11:39 | Report Abuse

coming...coming...

kk123

1,964 posts

Posted by kk123 > 2014-12-05 15:33 | Report Abuse

I think can buy now as its debt free company and cheap

murali

5,723 posts

Posted by murali > 2014-12-06 11:56 | Report Abuse

I am sceptical on their books....hopefully it's not creative accountings

taijackong

312 posts

Posted by taijackong > 2014-12-09 09:31 | Report Abuse

try to accumulate some for safe keeping..

murali

5,723 posts

Posted by murali > 2014-12-09 10:03 | Report Abuse

How safe is it? Unless it can collect it's RM27M+ long outstanding debts....if they are unable to collect so and have to write it off then will have to come down

murali

5,723 posts

Posted by murali > 2014-12-09 10:05 | Report Abuse

I have seen those incidents in Transmile etc....I just hope that it's not the same in Tas.Good Luck.

taijackong

312 posts

Posted by taijackong > 2014-12-10 14:46 | Report Abuse

diving into the sea is damn fast .... while climbing up hill is damn susah! hahaha..

kk123

1,964 posts

Posted by kk123 > 2014-12-10 16:12 | Report Abuse

Tas is a boat making company whereby and net cash
Maybe murali u been burned when buying tas at high @$1.70- but now it's at low & cheap valuation emerged. Eg.
I also wonder why would u concern about the meagure receivables ?
It's too cheap and dividend paying company
The IPO is I think at 90 sen - so now is the cheapest
When it shoot up, dont miss the boat

murali

5,723 posts

Posted by murali > 2014-12-10 16:36 | Report Abuse

Aiyo, what I highlighted is all facts...you may read thru the annual report...Why wanna act like so negatively? It's for your own good. I didn't creative this...it's all facts

murali

5,723 posts

Posted by murali > 2014-12-10 16:38 | Report Abuse

Argue with facts...and not with loser's attitute such as others are talking bad on this co coz they lose money...what kind of mentality....grow up pls

murali

5,723 posts

Posted by murali > 2014-12-10 16:39 | Report Abuse

FYI, I bought some during Oct's plunge and sold few days later after making some money...period

murali

5,723 posts

Posted by murali > 2014-12-10 16:42 | Report Abuse

I hope you dont lose yr head for buying at high price level...stay cool

murali

5,723 posts

Posted by murali > 2014-12-10 16:45 | Report Abuse

Posted by murali > Dec 5, 2014 10:14 AM | Report Abuse X

Ageing anaysis of their trade receiveables (Annual report page 71)
Not past due 41,779,609
0 to 30 days past due 1,473,929
31 to 120 days past due 5,896,450
More than 120 days past due 39,907,640
Total 89,057,628

It shows that almost 43% of their receivables are oredi more than 120 days past due....is this a norm in this industry? Or else it could be a hidden bomb....

As at latest Q1 result, their receivables stood at Rm96m+


Unless they are able to collect these 120 days past due (RM39M), or else I would prefer to stay sideline. Keep an eye on their next Q result, hopefully it will show some improvement in their collections

kk123

1,964 posts

Posted by kk123 > 2014-12-10 17:50 | Report Abuse

Murali must have got burned big time by buying high this counter
Instead of now low price he bought 1.70 and already cutloss
Usually the losers will come back and talk bad about shares which they have cutloss
Most company have receivables pending payment even for knm , skpetrol or larger company like sime Darby etc
maybe u can cook up some story about sime Darby etc also

murali

5,723 posts

Posted by murali > 2014-12-10 17:54 | Report Abuse

The only reason u r asking people to buy n disregard all the facts herd is that u stuck at high price....

murali

5,723 posts

Posted by murali > 2014-12-10 17:55 | Report Abuse

If u feel better by saying that I bought at 1.70 n lose money by all means....

kk123

1,964 posts

Posted by kk123 > 2014-12-10 17:59 | Report Abuse

Yes , you got burned and have cutloss
So u need to move on
Else u will get burned again and again by creating stories/tales

murali

5,723 posts

Posted by murali > 2014-12-10 17:59 | Report Abuse

I used to think u r a better one here seeing yr arguments with Mr.koon in jtiasa...what happened to you lately?don't lose yr head coz u lost money badly in thheavy warant n tas.....reserve some capital...there r always chance...don't be too emotional like kyy

murali

5,723 posts

Posted by murali > 2014-12-10 18:00 | Report Abuse

I still like you'.....

murali

5,723 posts

Posted by murali > 2014-12-10 18:01 | Report Abuse

You may lose money but don't lose yr head.....

taijackong

312 posts

Posted by taijackong > 2014-12-11 15:30 | Report Abuse

why invest in this ..."Titanic Already Sank" ? Tas is just next to MAS ..LOL

goflykite

349 posts

Posted by goflykite > 2014-12-14 19:33 | Report Abuse

the plunge mainly due to low crude oil price as most of the O&G companies may cut their capex like Petronas...therefore, the cut in capex is detrimental to Tas previously declared "Healthy Order Book" as it may now turn to become unhealthy...LOL....wait for the crude oil price to stabilize first then only buy to average down your previous high buying price...i guess crude oil price may stabilize at around USD 50 or when Dollar softens...keeps monitoring

1star

1,052 posts

Posted by 1star > 2014-12-14 22:35 | Report Abuse

Oil price could down all the way to US40.....Country Money market collapse soon!!

http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/11292837/Opec-willing-to-push-oil-price-to-40-says-Gulf-oil-minister.html

probaby

438 posts

Posted by probaby > 2014-12-15 09:41 | Report Abuse

goflykite ~~ still here? are you cut loss??

probaby

438 posts

Posted by probaby > 2014-12-15 15:21 | Report Abuse

apini --- where are you jor??

probaby

438 posts

Posted by probaby > 2014-12-15 16:38 | Report Abuse

goflykite~~apini ... are you all ok?

goflykite

349 posts

Posted by goflykite > 2014-12-15 21:35 | Report Abuse

yup....have to cut loss as company fundamental changed due to the plunging crude oil prices...don't play play and beware of the chain effect....banking sector had been hardest hit today....focus on utility sectors like Tenaga which i believe it may benefit from low crude oil price..

investor77

804 posts

Posted by investor77 > 2015-01-01 22:34 | Report Abuse

Bought at RM1.40 and now price nearly half !! Guess no difference from O & G shares like Barakah, Hibiscus, etc that fell to nearly half the price!! Worth to average down ? or go to different stocks ? Hopefully TAS price will slowly recover .

Danny Siew

626 posts

Posted by Danny Siew > 2015-01-13 11:20 | Report Abuse

baby, are you stuck here?

goflykite

349 posts

Posted by goflykite > 2015-01-17 12:35 | Report Abuse

Profit plunged more than 50%....

Posted by RichTrader999 > 2015-01-19 19:03 | Report Abuse

darling just noticing shud buy in and keep ? or not

Danny Siew

626 posts

Posted by Danny Siew > 2015-01-21 22:07 | Report Abuse

Good try, can I follow? Future looking bright.

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