In the interview, Dato seri Ngu said good news going to come soon. One of the top international automobile company become Tawin client. Tawin future prospects is very bright.
So easy limit up meh boss. Good prospect and Dato Sri keep saying he and Justin are also shareholders and will do best for their share. Keeping in mind what is the latest trend dricing price as well. Overall good long term. Ta Win for the Win!
I listened to the interview and Dato seri Ngu comments. Tawin produce copper cables, apparently even in a standard car there are around 4- 5 km of copper cabling, a top range car could have 10 - 12 km of copper cabling within the vehicle. Yes you read that right kilometers!
Tawin are looking at expanding production with more machines etc etc, which hints at a large requirement from a new vendor. Tawin also produce the copper necessary for solar paneling and also have ISO certification already in place.
Asiapoly produce acrylic sheets which can be used for car windows in electric vehicles and also solar panels. Asiaply are also expanding because of a 'new contract' and building a second factory to double production, which should be operational in June 2021.
Dato seri Ngu indicated there was a connection, but would not comment on specifics. However he noted that its no secret that asiapoly have been acquiring Tawin stock on the open market.
By reading all the comments, I have a strong believe that Tawin is going to be one of the first companies to secure EV specialised wiring supplies. If indeed they secure such a supply, Tawin's growth could be remarkable. I am not aware of any other PLC in Malayaia supplying car wiring system. I hope Tawin's stock prices continue to remain stable.
stockboss In the interview, Dato seri Ngu said good news going to come soon. One of the top international automobile company become Tawin client. Tawin future prospects is very bright. 16/03/2021 9:11 PM
Those attend the zoom meeting yesterday night sure know Tawin current share price haven’t reflect the automobile business which going to having international big ev client.
Ok lar one last contribution. Rakuten's summary from the session.
Key insights from Dato Sri Ngu and Justin Wong on Ta Win Holdings Bhd (7097) at Rakuten Trade Ideas Webinar last nite.
-Cyprium Wires Technology is the key growth driver for Ta Win in the automotive cable wire, E&E Industries appliance wire, O&G segments -current capacity utilization is approx 40-50% and is expected to reach 80-90% with new orders from major Japanese car makers and the global electric vehicle (EV) -certicfication and patented electron beam technology wire cable for automobile and EV -corporate excerise/fund raising via rights issue for the purchase of machineries and equipments for Cyprium Wires to achieve RM200m revenue by FY2022
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Posted by valuesearcher > 2021-03-16 09:44 | Report Abuse
alamak panic!