Posted by Invest123 > 2014-12-18 00:08 | Report Abuse

Done very well in its latest qtr.

Posted by Invest123 > 2014-12-18 19:21 | Report Abuse

Stronger US$ is beneficial to Turbo from currency conversion gain.

Posted by 914601117 > 2014-12-22 18:53 | Report Abuse

not really usd lah. mostly refinery @ SG.. most sales done in SGD lah

Posted by Invest123 > 2014-12-22 21:05 | Report Abuse

The same, as both currencies have being strengthening.

Posted by CFTrader > 2015-01-02 19:56 | Report Abuse

celaka what .. a good stock ... but no volume saja ... ...

Posted by Invest123 > 2015-01-07 20:07 | Report Abuse

Down buy up sell. Don't worry as Turbo is a good one.

Posted by Invest123 > 2015-01-23 10:27 | Report Abuse

Turbo charged and shoot now!

Posted by Invest123 > 2015-01-23 21:15 | Report Abuse

Good DY 5.05% and profits reported in every qtr.

Posted by chong0611 > 2015-02-16 22:15 | Report Abuse

Anyone know why Turbo Malaysia Segment Revenue only made RM89,000, but profit will ramp up to RM5,095,000<<<What make this profit?? And previous quarter was make loss of (RM366,000)! **You can find in page 4 - Turbo-Mech Berhad - 4Q2014 Financial Results (Notes).pdf"

Besides, what is the "Elimination" mean? Why from previous quarter (RM1,151,000) until now (RM5,095,000)

Posted by NOBY > 2015-02-16 22:48 | Report Abuse

The segmental revenue is only meant for the consolidated subsidiaries. The elimination is because that portion of the profit is from Malaysia ops which is an associate whereby the financial statements of the associate are not consolidated instead added as a separate line item before arriving to the final PBT...

Posted by chong0611 > 2015-02-16 23:04 | Report Abuse

Hi NOBY, Thanks for your answer.

But may i now why Malaysia Segment Revenue only made RM89,000, but the PBT is shows RM5,095,000, does this make sense?

By referring to their previous annual report from 2010-2013, i didnt seen this weird transaction happened before.

Posted by NOBY > 2015-02-16 23:13 | Report Abuse

Hi I m not sure on that... but it doesnt matter cause it gets eliminated eventualy and added back under share of profit frm associate... perhaps an accountant is better suited to answer....

Posted by NOBY > 2015-02-17 14:51 | Report Abuse

Nice set of Q4 results.. powering up today

Posted by myuptownboy > 2015-02-17 15:16 | Report Abuse

well reflected the share price today..good start!

Posted by cygan > 2015-02-23 22:54 | Report Abuse

Seanteoh, please provide link to the info you shared. Tq

Posted by Icon8888 > 2015-02-23 23:17 | Report Abuse

The question is whether demand will shrink with oil price drop ?

Singapore oil and gas companies got affected as well

Posted by NOBY > 2015-02-24 00:20 | Report Abuse

Icon, I think Turbo's earnings will be resilient compared to the other players as its income is more recurring in nature. It doesnt have huge dependency to single customer. As its products such as pumps and compressors are used in both downstream and upstream O&G, they are mainly maintenance capex which may not be cut back too much especially if customers are looking to increase the efficiency of their operations. This is just my novice opinion, I bought it mainly because its so undervalued with a good dividend yield

Posted by cygan > 2015-02-24 00:30 | Report Abuse

I'm not too worried about the oil price. 1st reason - turbo's revenue is only 40mil++, the same is not difficult to be achieved in the following years. 2nd reason - a big portion of its revenue is derived from maintenance works / spare parts replacement. I'm in the same industry and I know most clients will stick to the maintenance schedule which means that their earnings have little to do with oil price. 3rd reason - their profit margin has been consistently more than 30% for the past few years.

Posted by NOBY > 2015-02-24 00:55 | Report Abuse

yea seanteoh, please share your sources. TP 2.85 is really super high... haha...

Posted by cygan > 2015-02-24 11:47 | Report Abuse

T3 today and tomorrow. Be patient to collect more.

Posted by cygan > 2015-02-25 10:38 | Report Abuse

Kontra kaki have no holding power, and will this morning & tomorrow morning vomit out at 1.00.

Posted by chernhung > 2015-02-26 00:01 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/02/14/LNG-tankers-lying-idle-in-Singapore/?style=biz

would this affect turbo business?

Posted by 914601117 > 2015-02-27 16:18 | Report Abuse

no volume again?

Posted by cygan > 2015-02-28 17:38 | Report Abuse

No need play guessing games on its price actions. History will repeat itself.
The only thing that can stir interest on Turbo is upon the release of its quarterly earnings. That kind of interest will only last for days. No need to discuss further on the turbo until the announcement is made for the 1st quarter on the 20-05-2015.

Posted by abjewel > 2015-03-02 21:05 | Report Abuse

hi Cygan/all, can you share any sites which publish malaysian corporate earnings dates?

Posted by Invest123 > 2015-03-12 19:50 | Report Abuse

Yes! Expecting good dividend soon!

Posted by 914601117 > 2015-03-12 20:16 | Report Abuse

why good news? today's up doesnt necessarily means good news in the making

Posted by Invest123 > 2015-03-12 21:17 | Report Abuse

Up is good lah!

Posted by 914601117 > 2015-03-13 12:15 | Report Abuse

@matakuda - then it is good new, hope public float will be much more cuz the volume really pathetic...

Posted by NOBY > 2015-03-13 12:43 | Report Abuse

Haha... hold on tight...

Posted by 914601117 > 2015-03-17 18:14 | Report Abuse

Obviously dividends would be lower because TURBO is committed to the purchase of industrial land @ Singapore from Jurong.

Posted by Invest123 > 2015-03-21 00:03 | Report Abuse

Buy

Posted by looichan > 2015-03-24 23:40 | Report Abuse

sure win, 5sen dividend announcement after AGM

Posted by misaikuda > 2015-03-25 06:57 | Report Abuse

The key takeaways from the Audited Financial Statement December, 2014 are as follows:

1.Tax-exempt dividend of 5sen per ordinary share is assured pending approval in AGM.

2. Super clean balance sheet: zero short-term borrowing, zero long-term loans.

3. Cash in bank RM47.5 mil or 44 Sen per share. Cash and bank balances are denominated in various currencies: RM(3.8%), Singapore Dollar (66.7%), US Dollar (26.2%), Japanese Yen (2.2%), Other currencies (1.1%), see page 66.

4. Increase in profit margin (operating profit), this suggests that there is an entry barrier, less competition.

Posted by matakuda > 2015-04-01 00:10 | Report Abuse

Hoi. Gua mau pergi AGM ini kali mau gasak sama dia punya management. Mau mintak dia tambah perniagaan, bagi warrant percuma.

Posted by Invest123 > 2015-04-15 19:19 | Report Abuse

Drop, collect and wait for the 5 sen dividend soon.

Posted by Invest123 > 2015-04-15 21:45 | Report Abuse

1.30 soon with good news.

Posted by redpeople > 2015-04-16 15:40 | Report Abuse

tomorrow turbo super charger.. vroommmmmm !!!

Posted by redpeople > 2015-04-17 14:16 | Report Abuse

buy buy buy.. it is coming.. fasten seat belt now.. hehe

Posted by unknown > 2015-04-17 14:46 | Report Abuse

i like....no attention......no volume.....bagus punya.....

Posted by redpeople > 2015-04-17 14:50 | Report Abuse

124 go go go !!

Posted by redpeople > 2015-04-17 15:09 | Report Abuse

u want fast, go buy fututec

Posted by redpeople > 2015-04-17 15:18 | Report Abuse

haha.. 178 alrdy lor fututec.. will go higher..

Posted by rica7894 > 2015-04-20 14:58 | Report Abuse

Why pick Turbo?

-Able to sustain very high profit margins and superior ROIC even in tough business environment.
-Debt free with excess cash of RM0.44 per share.
-Generates a good amount of free cashflow.
-Profit margin should be improved further due to appreciation of Singapore Dollar vs Rm.
-5 sen dividend is around the corner.

Posted by Invest123 > 2015-04-22 14:40 | Report Abuse

Buy

Posted by bing > 2015-04-22 22:14 | Report Abuse

TURBO show your V8 POWER RUN FAST FAST!

Posted by matakuda > 2015-04-28 22:52 | Report Abuse

Konfom dia bagi dividen 5 sen. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4719901

Posted by Invest123 > 2015-05-05 21:06 | Report Abuse

1.30

Posted by oasischeah > 2015-05-07 12:36 | Report Abuse

Malaysian stocks seems very quiet. Investors confidence is nowhere to be seen. !!. Dare not buy eventhough counter seems OK. What do you think ?

Posted by Invest123 > 2015-05-07 22:57 | Report Abuse

Most risky is also the safest