Let's compare the Trend Chart between Tambun and E&O on few dates: 27 Aug : sharp drop in both stock, in fact that was a black Tuesday for KLSE. 25 Oct : Annoucement of budget 2014. E&O slides more compare to Tambun. Today: Tambun has climbed back to level where it was before 27 Aug , whereas E&O is still struggling.
And in between Aug to Jan 2014, there were few occasions of Fed meeting on tapering, However Tambun share price remain stable on steady up trend, unlike E&O shows more turbulent sign and is on down trend. Tapering shows sign of less impact to Tambun as market segment is different where their main core is middle range housing for local, whereas E&O is more towards luxury housing targeted higher income group, that, foreign purchaser contributes.
With the opening of Penang second bridge by Q1'14, the land price at Seberang Prai would appreciate, Tambun will be in the position to gain higher revaluation on large land bank they own at that area, even they dont start any development to those empty land.
Higher living cost will drive people to seek more afforable home and that will boost up the housing demand for the mid range.
IKEA’s Entry Into Batu Kawan Is A Vote Of Confidence For Penang And A Boost To Making Seberang Perai As The Future Choice For Investments, Tourism & Habitat For Sustainable Living
Hi all sifus... Just asking, now the share price is at a new high at RM1.61/- How do we know if the share price may continue to appreciate in the future? or it will hold on at RM1.61 range? Or it will drop?
Think that i wanna continue loading at RM1.61 - but this is a new high...but if i don't load now, i may miss this buying opportunity when the price becomes even higher...but then, scared it will drop pulak....
But then, i think if it drops from RM1.61, i will not be overly concerned as this is a good counter... but i just like to buy things cheap...
Tambun is a big developer in tambun indah and maybe involved in the ikea mall. The target for it is st least 2.25 in the next few weeks.......why wait .....?????
I think new high next week. Here might be the catalyst:
1. Penang 2nd bridge 2. Q3 2013 2 cent dividend ex-date on 16th January 3. Q4 result announcement in Feb. Profit increase due to consolidation of 100% wholly subsidiary instead 60-70% equity in subsidiary before. 4. Ikea, International school and foreign university branch opening attraction. 5. Increasing market capitalization. With the enlarged share base, Tambun is worth RM 600 million now. Once it reaches 1 billion market cap, they will become 'investible' by fund managers. Just take cue from Dsonic, Matrix, MKH Berhad once they reach 1 billion market cap. Their share price increase since fund managers are flocking. 6. Announcement of land replenishment. Tambun has been aggresive buying land to replenish their landbank and they bought cheaper than market price!
Hi all sifus, Just asking for some pointers. This morning, i am about to place some trades (buy) at RM1.60/-. Then, i notice that the asking price (sell) starts to drop to RM1.56/-. This happens before the market opens. Naturally, the buy trades are quickly cancelled and the market for this counter is currently going down (as of now 9.35am). Just wanna ask - why the counter is acting opposite to market expectation? Market expects it to go up but "someone" is willing to sell for a low price at RM1.56/-. I read along this thread that some parties are interested in keeping the price down. Why is it so?
Tambun Indah Land (TILB MK) Technical BUY with +15.0% potential return Last price : RM1.61 Target Price : RM1.75, RM1.85 Support : RM1.49 Stop-loss: RM1.48 BUY with a target price of RM1.49 with a stop loss placed below RM1.08. TILB’s share price has been consistently trading above the rising trendline since 7 Feb 13. Given the strong recovery following a test on the trendline on 28 Aug 13, the share price managed to surge last Friday over the previous high of RM1.59 on the back of a higher trading volume of 5.2m shares (vs 20-day average of 0.9m), indicating a genuine breakout. We noted a positive backdrop in MACD and a bullish crossover in Stochastic, suggesting rising buying interest which should propel the share price toward 1.38x and 1.61x of Fibonacci extension or RM1.75 and RM1.85 respectively in the near term.
sometimes when the share price reaches new high, some investors may afraid that the price will be dropping and hence they will let go their shares for some profit. This is normal. The previous high of 1.59 was achieved in August 2013 so these investors might want to cash in some profit.
In other scenario, some 'traders' intentionally sell at the lower price since they want to create fear of falling price so that others will follow suit by selling at even lower price. Remember what happened to Hibiscus 3 weeks ago? The share price dropped and the traders who have sold their shares will enter the market when the share price is low. Hopefully this can explain.
I believe Tambun will increase on Wednesday since it is a day before dividend ex-date. there will be some buying to enjoy the dividend.
Anyway, just asking, if the investor buy before ex-date and then sell after ex-date, they can at most profit a few cents. Is it worth it taking that sort of risk and then profiting for a few cents?
it depends on the share price of the stock actually. If you are chasing 2 cent dividend for a RM1.50 stock, it may be not so attractive. But if the stock is worth 30 cent and they give 2 cent dividend , then it may be worth taking the risk to buy.
For me, I've kept Tambun for quite some time eventhough I've made some profit now. I don't care much about day to day share price as long as it has fundamental and keep giving dividends.
But remember a rule, you can't fell in love with a counter forever in investment. If the price is right, you have to let them go. Don't be greedy. Haha
Tambun Indah has Very Strategic Land Bank Near Penang's 2nd Bridge. For Very Long Term Investors of At Least 10 Years This Is An Excellent Stock With The Best Prospect Up North.
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....
kancs3118
2,230 posts
Posted by kancs3118 > 2014-01-08 16:45 | Report Abuse
just asking, do you guys think RM1.50 is still considered undervalued for Tambun INdah?