Bullish momentum with upside bias. TAS is experiencing a super cycle growth due to high demand for tug boats. Coal and nickel demand from Indonesia will require significant amounts of tug boat to support trade in the coming years.
I am revising my target price to RM1.36 to as below: 1. Assuming no growth to the latest qr. Earnings per quarter will be RM0.0339 2. Annualized the earnings. RM0.0339 x 4 = RM0.1356 3. Ascribe PER 10 for TAS. RM0.1356 x 10 = RM1.36
Wah never thought it could shoot past NTA! Luckily still have few biji left! Can afford to make less in local mkt since profit is pouring in from Japan!!! Nomura, Dentsu, Ogura, Nihon ISK etc etc etc😘
2024-01-05 15:55
SOLD the balance of my TAS @ 89c this morning!😊 +400%!
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....
stncws
10,734 posts
Posted by stncws > 2024-01-05 16:02 | Report Abuse
bull market, volume moves only