still not looking good, i will just dispose all, no hope... the operator still don't want to make any move, 2x entry but also with loss... lucky bought at almost the low price, good luck all that still hold it...
I don't think price will go down that bad, worse around 0.085, again my personal opinion. There is also a threshold where major shareholders need to make money after listing at 0.12, so there will be another speculative move above that point. Let's see when this will happen, hopefully soon, and it seems it goes up quickly based on historical spikes
Lol apolloamg... Kful for those which didn't buy but itchy wanna buy better don't buy, kful for those who bought at 0.10 tot to buy more when down to 0.08 better don't buy lo.. hihi
Same goes to vivocom cases.. me still holding 900 lots of vivocom bought from 0.14, 0.10 and 0.07 but now left only 0.02!.. cut lose 500 lots at 0.045..
Nobody gave a hoot about Htpadu but now many want a piece of the cake...sometimes, one has to take (calculated) risk...if Dyna can indeed turn the company around, one will be lucky to buy low...below 0.10...downside is limited.
Latest TP 0.085 with further downside risk to 0.075 if touch 0075 ..from there it may rebound, but the price may stagnant for weeks or months before rebound..buy at own risk as extremely difficult to predict their movement after breached 0.15
KUALA LUMPUR (Jan 28): Tatt Giap Group Bhd, whose share price had a roller coaster ride lately, announced its net loss narrowed by 21.9% to RM1.95 million for its second quarter ended Nov 30, 2018 from RM2.5 million a year ago.
Quarterly revenue, however, declined by 69.3% to RM5.23 million from RM17.66 million in the previous corresponding quarter.
For the six-month period ended Nov 30 (6MFY19), the group posted a cumulative loss of RM4.96 million, an increase of 242.87% from 6MFY18’s net loss of RM3.47 million. Its revenue for the period also decreased by 73.62% from RM39.59 million in the same period in 2017 to RM10.44 million.
The group attributed the drops in both cumulative and quarterly revenue to the deconsolidation of the financial results of Tatt Giap Steel Centre Sdn Bhd (TGSC) upon conclusion of its disposal of 41% equity interest in TGSC on Feb 23 2018, as well as a drop in local and export sales under its steel segment.
Hong Kong-based Arich Holdings Inc has ceased to be a substantial shareholder in the group after disposing of its entire 13.89% or 23.69 million share stake in the group.
Tatt Giap’s share price more than doubled to a high of 37.5 sen on Jan 7 from the low of 15 sen on Nov 30 last year. Soon after, it lost its ground. It closed at 10 sen today, giving it a market capitalisation of RM28.11 million.
The good news is. The net loss have reduced since May 2018. This is heading towards the right direction. With the new contract, the counter has hope to recover its net loss to positive with increase revenue
Tatt Giap has bagged four contracts worth a combined RM67mil from Dynaciate Engineering Sdn Bhd to undertake various sub-contracting works. Meaning a reversed took over from Dynacite Engineering.No worry, a positive after all.
In a filing with Bursa Malaysia, it said the name change was due to the emergence of Dynaciate as its substantial shareholder, as well as the appointment of Dynaciate directors to its board.
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Posted by Depeche > 2019-01-22 12:55 | Report Abuse
Should be able to break 0.10