Posted by funitec > 2016-04-05 22:41 | Report Abuse

company can file litigation ; provided delivery of barges contract is legal tender: also within terms of time for delivery. The management can later sell off the Barges to some other bidder on open world market; may even get a better price. Do we have to tell the management?

Posted by seeker > 2016-04-06 11:04 | Report Abuse

the announcement on 11 and 16 March said that:

'TAS's position is that the purported Notice of Termination is not valid and the Company intends to proceed with legal proceedings.' and

'The two vessels, with class certificate issued, were ready for delivery within the agreed time frame; but the buyer refused to take delivery of the vessels, citing technical and quality issues which we strongly disagree.'

management should make announcement on their course of action on legal proceeding and their disagreement to prevent selling pressure due to uncertainty at this point of time.

Posted by MYSCHN > 2016-04-07 10:25 | Report Abuse

Don't worry it's very common issue in shipbuilding industrial during economy slow down. Anyway the Vessel or stock still there, still have it own value. DON"T WORRY! EVERYTHING WILL BE OK!

Posted by Mohd Fahmi Bin Jaes > 2016-04-07 20:17 | Report Abuse

http://www.theedgemarkets.com/my/article/tas-offshore-sue-company-after-rm458m-contract-terminated

Posted by kk123 > 2016-04-07 20:54 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/04/07/qms1-terminates-another-shipbuilding-deal-with-tas-offshore/

Posted by kk123 > 2016-04-07 20:55 | Report Abuse

Limit down tomoro

Posted by mudwyx > 2016-04-08 10:32 | Report Abuse

where is bursawolf?? We need you to support the price.

Posted by seeker > 2016-04-08 10:39 | Report Abuse

TheStar's headline @ http://www.thestar.com.my/business/business-news/2016/04/07/qms1-terminates-another-shipbuilding-deal-with-tas-offshore/ really misleading zzz

Posted by MYSCHN > 2016-04-08 16:07 | Report Abuse

NO WORRY! Believe me! Similar to economy slow down then less people buying product.

Posted by malinfan > 2016-04-08 16:18 | Report Abuse

no worry? alrdy melt like ice liao......

Posted by malinfan > 2016-04-08 16:19 | Report Abuse

I bot at 80sen, now gone 50% liao lor....

Posted by malinfan > 2016-04-08 16:20 | Report Abuse

next week I think left 20sen nia...

Posted by Hot.T > 2016-04-11 01:51 | Report Abuse

reminds me of Tanjong Offshore!

Posted by Hot.T > 2016-04-11 01:52 | Report Abuse

....though x as bad!put it in my WL!

Posted by Hot.T > 2016-04-11 01:56 | Report Abuse

will fish @ .38

Posted by mudwyx > 2016-04-11 09:18 | Report Abuse

bursa wolf, where are you........please support the price.

Posted by mudwyx > 2016-04-14 11:26 | Report Abuse

No worry, just keep buying. Mr wolf will support the price.

Posted by Jolin Lai Chi Pet > 2016-04-14 13:02 | Report Abuse

It is a buy now......................huge order book. Many ships contract in hand. TP Rm1

Posted by travoltakeong > 2016-04-14 22:20 | Report Abuse

hmmm......drop a lot......chart wise very weak.....

Posted by jupiter > 2016-04-18 15:01 | Report Abuse

haizzzz when can go back 0.770

Posted by Jolin Lai Chi Pet > 2016-04-19 06:50 | Report Abuse

don't worry jupiter, TP Rm1 for sure before Deepavali

Posted by Mohd Fahmi Bin Jaes > 2016-04-20 18:59 | Report Abuse

tp 1 in dream

Posted by Mohd Fahmi Bin Jaes > 2016-04-20 19:00 | Report Abuse

http://www.theedgemarkets.com/my/article/tas-offshore-posts-rm134m-loss-3q

Posted by Mohd Fahmi Bin Jaes > 2016-04-20 19:01 | Report Abuse

gap down 38cen

Posted by wws2020 > 2016-04-21 06:43 | Report Abuse

Should conduct a meeting...

Posted by Jolin Lai Chi Pet > 2016-04-23 12:34 | Report Abuse

the big shark is going to goreng up this stock.........................so, hold it. Limit up happen anytime

Posted by kakashit > 2016-04-29 11:01 | Report Abuse

Eventhough Tas is cheap in term of nta valuation, but the prospect still not optismistic.

The clients can violate and terminate the contracts since they hv no money to pay for, even they can pay for it, no point operating the ships at loss.

U wn to sue then sue, bankrupt all togather lo. Another kind of too big too fail.

Remember, it is all shit when u flick over the stomach of pig (cantonese proverb)

U see Bumi Armada n Skpetro all kena liao.

Posted by malinfan > 2016-04-29 16:01 | Report Abuse

dun u forget, last drop is 34sen nia.....

Posted by malinfan > 2016-05-03 09:30 | Report Abuse

you listen to her, u go Holland ....☠☠☠ !

Posted by dompeilee > 2016-05-08 20:15 | Report Abuse

Jolin Lai Chi Pet = lauya... haHAH!

Posted by jupiter > 2016-05-10 09:49 | Report Abuse

my average 0.770 so sad

Posted by malinfan > 2016-05-13 10:37 | Report Abuse

........... today May 13 black Friday, very bad luck for mrkt. Run !

Posted by vinoth > 2016-05-30 00:19 | Report Abuse

Can go lower still?

Posted by mudwyx > 2016-06-03 16:37 | Report Abuse

where is bursa wolf?

Posted by malinfan > 2016-06-17 10:13 | Report Abuse

that day someone hunger for 39¢, then . . . . . . . . . . suddenly cool-off ....

Posted by malinfan > 2016-06-17 10:19 | Report Abuse

, , , , , , , , , was high in 16 Jul 2014 @ Rm1.65 ....... when can come back?

Posted by dompeilee > 2016-07-11 11:04 | Report Abuse

Enough waiting...Bought some @ 35 & 34.5c, much lower than my original cost of 57.5c & then complete exit @ 72.6c :D

Posted by paulthesotong > 2016-07-27 17:48 | Report Abuse

I RAN..I RAN...

Posted by leelc99 > 2016-07-27 19:59 | Report Abuse

wow, why are you guys still holding on to this stock? cut loss and go somewhere else.

Posted by sunnygal > 2016-07-29 10:09 | Report Abuse

game on

Posted by Robin5 > 2016-08-10 09:19 | Report Abuse

Slowly pickup...

Posted by Faznizam Abdullah > 2016-08-11 11:40 | Report Abuse

breakout prev month 37.5c

Posted by Jolin Lai Chi Pet > 2016-08-11 21:51 | Report Abuse

hold tight, smell likes goreng again..............

Posted by funitec > 2016-08-23 22:58 | Report Abuse

Got back 2 barge contract. lost 2 barge contract time drop from 80 cents.Now slow bull climb. Bears always jump out of window.Bulls climb steps oone by one.

Posted by Tankar > 2016-09-06 15:27 | Report Abuse

Is it worth buying now?

Posted by PenguinDad > 2016-09-21 08:20 | Report Abuse

Blacksails, loss is due to cancellation of contract and there should be a penalty for action from customer. In the past is performing only last year started to move downtrend.

Posted by PenguinDad > 2016-09-21 08:27 | Report Abuse

The loss was mainly caused by the termination of shipbuilding contracts and the impairment loss on trade receivable.

Posted by jupiter > 2016-09-23 16:49 | Report Abuse

OH my god! loss so much

Posted by WXT1088 > 2016-09-28 18:30 | Report Abuse

Jolin lai chi pet , how now when start goreng, see drop only dont simply say

Posted by Angielim9955 > 2016-10-07 15:54 | Report Abuse

hi Tas team, can I ask why this counter suddenly up ?