TAFI INDUSTRIES BHD

KLSE (MYR): TAFI (7211)

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Last Price

0.585

Today's Change

0.00 (0.00%)

Day's Change

0.585 - 0.585

Trading Volume

1,000


1 person likes this.

975 comment(s). Last comment by yoyo 1 week ago

Chrollo

1,143 posts

Posted by Chrollo > 2014-01-05 22:30 | Report Abuse

@mikekong, as far as i know, Graham's theory never agree to investing in a loss making company..

calvintaneng

53,818 posts

Posted by calvintaneng > 2014-01-05 22:54 | Report Abuse

Ha! Ha! Why Don't you tell all the people here that GREAT RAIDER ONCE OWNED 3 MILLION PM CORP SHARES. He also stated that PM Corp is worth at least 26 cents. Why you don't tell the truth and keep saying bad stuff about PM Corp'

Before you sold PM Corp You Praised PM Corp and Told People To Buy. After you Sold All PM Corp shares You Say very negative things about PM Corp. Not only that you also say bad things about Directors & KKP. This is NOT RIGHT MAN!

Will You Do The Same To Tafi people? Who knows?

mikekong55

4,805 posts

Posted by mikekong55 > 2014-01-05 22:54 | Report Abuse

chrollo, the last 2 quarter is positive.wait for final quarter announcement in february.

Posted by leslieroycarter > 2014-01-06 10:26 | Report Abuse

look like the counter is dead , only one buyer n one seller ?

humbled

1,715 posts

Posted by humbled > 2014-01-06 10:42 | Report Abuse

Based on the q results published here it does look like the last 2 quarters and first 9 months of 2014 were positive although a small one, unless you include the last quarter of 2012 into the picture? I am not good at accounting. This is not a buy or sell call. Now must add disclaimer mah haha. Peace!

humbled

1,715 posts

Posted by humbled > 2014-01-06 11:00 | Report Abuse

Oppss! I mean first 9 months of 2013 solly solly :p. Happy trading...

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-01-06 12:23 | Report Abuse

who are buying in now, then definitely will be trappred....

vinvin

4,476 posts

Posted by vinvin > 2014-01-06 14:12 | Report Abuse

Davidkkw79. I'm buying in n even can't get. What do u mean by trap? Every counters that v r trading will also get into a trap at any point of time. If scared of TRAP then don't trade in the Bursa. V can alwats keep our money safe in the bank in fixed deposits..........very safe n don't have to think of anything........also can sleep well! No offence friends n please take it generally. Sorry.

tewnama

4,251 posts

Posted by tewnama > 2014-01-06 14:14 | Report Abuse

kawan cina i minta i tambah perkataan kei dibelakang tafi. dia kata banyak power punya perkataan

vinvin

4,476 posts

Posted by vinvin > 2014-01-06 14:22 | Report Abuse

Daidkkw79, I'm queuing at 29.5 sen n unable to get until now. Hope it will drop a bit later on.

mikekong55

4,805 posts

Posted by mikekong55 > 2014-01-06 19:15 | Report Abuse

aiyo, very scare get trapped in tafi loh. tomorrow pick up loh.today closing gain 0.005 enough to cover commission loh.why people here so worry I sell before CNY. don't I have the right to sell/buy/hold.my inari-wa also up 0.03 cents loh; please hope that your call to sell in inari forum come true loh.hahaha

vinvin

4,476 posts

Posted by vinvin > 2014-01-07 19:38 | Report Abuse

Still unable to get at 29.5 sen n will queue again tomorrow.

Mohd Zaini

309 posts

Posted by Mohd Zaini > 2014-01-08 11:50 | Report Abuse

Now...resistant breakout position..but nobody want to enter..

vinvin

4,476 posts

Posted by vinvin > 2014-01-08 14:39 | Report Abuse

So near n yet so far!!!

vinvin

4,476 posts

Posted by vinvin > 2014-01-08 15:35 | Report Abuse

At last got them (30,000 share) at 29.5 sen n will keep for long term investments.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-01-08 16:19 | Report Abuse

congratulate to vinvin, finally shark has sold to u at 29.5 sen as u wish....

vinvin

4,476 posts

Posted by vinvin > 2014-01-08 17:04 | Report Abuse

Tq davidkkw79, have to make friend with sharks otherwise can't get cheaply!!!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-01-09 08:19 | Report Abuse

vinvin, just be cautious to be with sharks. Better buy good quality bussiness company, rather than this small perabot company.

vinvin

4,476 posts

Posted by vinvin > 2014-01-09 09:11 | Report Abuse

Tq david for ur kind advice n will consider

limayseng

2,076 posts

Posted by limayseng > 2014-01-09 10:02 | Report Abuse

stochastic weakening...bad sign?

limayseng

2,076 posts

Posted by limayseng > 2014-01-09 10:06 | Report Abuse

sometimes , it is not worth to chase the last few cts ...when the co is still losing money ?

vinvin

4,476 posts

Posted by vinvin > 2014-01-10 12:34 | Report Abuse

Share price improving now n hope more traders will be participating soon.

vinvin

4,476 posts

Posted by vinvin > 2014-01-17 09:25 | Report Abuse

TAFI, TAFI, TAFI, why going down instead of going up up up???

calvintaneng

53,818 posts

Posted by calvintaneng > 2014-01-18 02:15 | Report Abuse

Vinvin,

Why TAFI Going Down?

Answer:

1) TAFI Price Has Run Up From 20 cents to a high of 36 cents. But the fundamental of TAFI is deteriorating by the day as we enter year 2014.

2) Year 2014 is a year of price increases for petrol, sugar, paper, electricity, assessment rates, real wages, gst & toll rates. As such household expenditure has increased. There will be frugality and belt tightening going forward.

Fanciful furniture sold by TAFI will face formidable headwinds. More people will keep the same furniture. If still working, why replace it? Or go to IKEA to save some money. So TAFI sales will be impacted.

TAFI shares weakening foretell a softening market. The Share Movement is 6 months ahead of the real market results on TAFI Balance Sheet - and it will be really bad!

So Sell And Get Out Now! Don't wait. Act now!

He who fights and run away will live to fight another day.

vinvin

4,476 posts

Posted by vinvin > 2014-01-18 09:15 | Report Abuse

Tq calvin, will analyze n consider........

vinvin

4,476 posts

Posted by vinvin > 2014-01-18 16:20 | Report Abuse

The par value of Tafi is 50 sen n the net assets per share is 75 sen n the price at the moment looks quite reasonable. Moreover the company has now been making profit for the latest two quarters although small but has improved. This is my opinion only. Trade at own risk.

calvintaneng

53,818 posts

Posted by calvintaneng > 2014-01-18 20:22 | Report Abuse

Yes. The NTA is 75 cents because TAFI did an updated revaluation on it. Based on NTA share price has already run up to touch 30 cents now.

But the actual business of Tafi is facing formidable headwind going forward. People have little money to spend on fanciful furniture due to price increases of toll roads, electricity tariff, petrol, sugar, paper, assessment rates, 6% GST & doubling of wages for workers.

For safety better switch to SILK Holding. SILK Has Good Contracts From Petronas & Increasing Traffic From The Population Boom in Kajang. SILK Will Prosper For Years To Come.

Just think. In 10 Years time Will SILK TOLL ROAD Be Still Around? Or will Tafi last for another 10 years?

mikekong55

4,805 posts

Posted by mikekong55 > 2014-01-18 21:05 | Report Abuse

you talk like you know many thing. when is the revaluation done? who say people no money to buy furniture? is the furniture for local or oversea consumption? check before you shoot.in what way this stock not better than pmcorp.please tell me.this stock don't have to wait 10 years to have capital gain.

calvintaneng

53,818 posts

Posted by calvintaneng > 2014-01-18 21:34 | Report Abuse

With the US Tapering the economies of the whole world will contract together. Every country will be hit - whether selling in M'sia or elsewhere will be affected.

An overlooked Wood related company is CYMAO. CYMAO price is very depressed at 35 cents. It has an NTA of RM1.27. Plywood is its main goods. As times get from bad to worst people will switch to very basic material like plywood - which is cheap and affordable.

So change Tafi for SILK or CYMAO for a more defensive approach.

vinvin

4,476 posts

Posted by vinvin > 2014-01-20 17:29 | Report Abuse

Director accumulating shares as follows:-http://klse.i3investor.com/servlets/anpth/964375.jsp

vinvin

4,476 posts

Posted by vinvin > 2014-01-21 06:15 | Report Abuse

Referring to my thread dated 18/01/14, the par value of Tafi should be RM1.00 n not 50 sen as stated by me. Sorry for wrongly stated. Trade at own risk.

mikekong55

4,805 posts

Posted by mikekong55 > 2014-01-21 06:28 | Report Abuse

vinin. 0.50 par value is correct.

mikekong55

4,805 posts

Posted by mikekong55 > 2014-01-21 06:28 | Report Abuse

typing error sorry.vinvin instead vinin

vinvin

4,476 posts

Posted by vinvin > 2014-01-21 06:45 | Report Abuse

Morning mike. U r early too. Ya u r right it's 50 sen but I got it wrongly from the latest information stated in the accumulating of shares by Dato' Saw.

vinvin

4,476 posts

Posted by vinvin > 2014-01-21 06:59 | Report Abuse

Tq mike for pointing out.............happy trading to u n make more ang pows.

Mok4444

153 posts

Posted by Mok4444 > 2014-02-12 19:00 | Report Abuse

any news on this TAFI..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-02-27 19:43 | Report Abuse

lose money company

rooney2u

703 posts

Posted by rooney2u > 2014-03-17 17:38 | Report Abuse

wow, sifu mike ..TAFI up kao kao

mikekong55

4,805 posts

Posted by mikekong55 > 2014-03-17 17:43 | Report Abuse

rooney2u. you still holding. vinvin already sold at a lose@ 0.31;am still holding the 140K@ 0.3157. maybe take profit if above 0.42 this few day.

rooney2u

703 posts

Posted by rooney2u > 2014-03-17 17:52 | Report Abuse

ya, mikekong.hold until the neck long long

rooney2u

703 posts

Posted by rooney2u > 2014-03-17 17:53 | Report Abuse

mike, another stock you recommend i am holding is AMEDIA also

mikekong55

4,805 posts

Posted by mikekong55 > 2014-03-17 17:58 | Report Abuse

amedia also have to hold minimum 6 months loh.likewise can sell some TAFI for profit loh.

rooney2u

703 posts

Posted by rooney2u > 2014-03-18 11:03 | Report Abuse

mikekong thanks. will hold amedia..TAFI u solD?

Superman88

500 posts

Posted by Superman88 > 2014-03-21 22:07 | Report Abuse

No more news?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-04-13 21:14 | Report Abuse

ppl sold out, but just didn;t tell you. when it up, then master will come up and said they still holding it with strong confident. When it down to hell, then master will come to tell you, they have since very early has sold out all, they still untung kuat kuat.... At the end, master still always is the winner in stock market. haha

Mohd Zaini

309 posts

Posted by Mohd Zaini > 2014-04-14 17:11 | Report Abuse

next KSSC...tomorrow will up more !

shafir888

22 posts

Posted by shafir888 > 2014-04-14 20:25 | Report Abuse

kssc, momentum decline and downtrend... mohd zaini careful

Mohd Zaini

309 posts

Posted by Mohd Zaini > 2014-04-15 13:00 | Report Abuse

thank you shafir888, I already sell this morning...last time I bought at 0.59..

johnny cash

6,357 posts

Posted by johnny cash > 2014-04-16 14:36 | Report Abuse

TAFI Industries (TAFI MK)
Technical BUY with +26.8% potential return
Last price : RM0.410
Target Price : RM0.475, RM0.520
Support : RM0.400
Stop-loss: RM0.380
BUY with a target price of RM0.520 with a stop
loss below RM0.380. TAFI’s share price has
consolidated over the long term and formed a
“cup and handle” pattern and breakout from
the pattern on 17 Mar 14. Given the healthy
pullback afterwards, TAFI has recovered and
closed above the strong resistance of RM0.400
yesterday on the back of a higher trading
volume of 2.4m shares (vs 20-day average of
0.4m), which can be considered a genuine
breakout. A bullish crossover in both MACD
and Stochastic suggests a stronger momentum
and thus should in our view translate into an
upward movement hereafter. Moving forward,
we peg our upside target at the 1.61x
Fibonacci extension level of RM0.520 which is
also equivalent to the X to X projection of the
“cup and handle” pattern.

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