A good company that supplies non woven material to all local market, even Notion is priced at 1.20, why is the supplier priced at this? Makes no sense.
@ForceBWithU, it failed to go down and will climb back to find 1.00 soon. RSI show that the daily price will up . Still depends on buyers rate. if buyer willing to buy more. It will up really quick if not price will be play around same area.
@SwingTrading thank you for the clarification and sharing of your analysis. Tmrw is AGM Day. Nice gift for all shareholders if Directors provide positive expansion of capacity status and new developments at TS. We need some new adrenaline to boost TS price upwards again.
Stalemate volume at 9.30 am. Stuck at 0.815. Lots of sellers parked at 0.815 to provide roadblock. My hunch is that there'll be not much action b4 12pm as the AGM starts at 10 am and media Q& A probably 11 am onwards. I have a feeling that the Directors dont want to do any price pushing prior to media briefing, maybe later today only start as any substantial price increase may raise UMA hahaha I hope.
I hope I am right but don't take my views as Gospel truth. End of the day the Sharks with Directors backing decides. Small fry like me can only Hope and Pray for price to hit Rm2.00 within 6 trading days Lol. Anyhow @babi shark has swam away long ago after his promising rm2 message...Sigh
@Hahahamoneycome Probably now at Angpows Giving Ceremony to media reps. Please write good story in newspapers and tabloid. TQ.. Here's a BG Angpow for your creative writing effort. Kamsiah. Terima kasih. Lol
I haven't read the quarter report. My bet is OcnCash's profit from pp non-woven fabric production lines was offset by the poor demand for its thermoplastic and resinated felts for automotive industries during the MCO.
TS Vs OcnCash r same price n movement up OcnCash r faster, reality is TS earning r much better n I believe if continue increase the EPS ultimate real investor will be come in
Operators are playing with our emotions. The moment you lost hope, that is when the operators win. Why do you want to give the operators the satisfaction. Be tough and ride it out. TS will not stay down for long.
@ stockraiders it always take two to Tango. Why cant the company TS implement a share buyback scheme to support the share price if the company is undervalued and is profitable going forward. TS has a pile of money to undertake shares buyback.
Unless the Directors are in cahoots with Operators and torturing the small retailers.
“Our buyers are mainly medical and mask players and almost all local mask players are our clients now. We are also shifting a bit to the export markets and we do sell to North America and Europe,” says Eng Chun.
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....
NathanScott
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Posted by NathanScott > 2020-08-26 17:30 | Report Abuse
A good company that supplies non woven material to all local market, even Notion is priced at 1.20, why is the supplier priced at this? Makes no sense.