m00077, I believe you are a very flexible and alert to changing time. Your effort to chase Tien Wah for RM2.29 even though you had sold it earlier at RM1.80 testified your shrewdness. Now Tien Wah is at RM2.50. May I ask what is your target for Tien Wah?
This is a recovery stock. The result are also good. May expect a good dividend. Buy if you have the holding power. You may reap good return on your investment. I do hold this stock. Intend to hold for a long time.
Chankp7010, I ENTER THE MARKET TODAY AGAIN AND BUY AT 2.48. FROM THE ANNUAL REPORT AND QUARTERLY REPORTS, I FEEL THAT THIS IS A GOOD STOCK TO KEEP FOR LONG TERM INVESTMENT. I FEEL THAT LONG TERM IT CAN EASILY BREAK 3.00 LEVEL BASED ON IT PASSED YEARS PERFORMANCE, AND STRONG & HEALTHY BALANCE SHEET AND CONSISTENT EARNINGS.
Ringgit will only recover when the politicians stop playing game. A pot calling the kettle black. All are only interested in own benefits. God may save us.
m00077 You seemed to pump in a lot of money for this counter. RM2.29 you bought in and now you are buying this stock at RM2.48. Just wonder what is your average price for your holding! A word of caution, Sky-rocking cigarette price may affect demand for Tien Wah's product in the following quarter results.
YES, I PUMPED IN TOO FAST AND TOO MUCH. I ALREADY PUT A BRAKE ON IT. I BUY BECAUSE TIEN WAH GAIN A LOT IN FOREIGN EXCHANGE AND IS EXPECTED TO CONTINUE THE GAIN FOR NEXT FEW QUARTERS.
m00077 you are now making money already. Tien Wah is selling at RM2.60-2.61. How much do you think this counter can go up? What make you so confidant to buy so much Tien Wah? Any insider's information?
I WAS A LITTLE BIT PANIC WHEN I SEE THE PRICE SHOOT UP AND KEY IN AT AN AVERAGE OF 2.47 IN THE MORNING THOUGHT TO BUY BACK AT A LOW PRICE AND KEEP FOR A LONG TERM INVESTMENT. HOWEVER IT GOES ALL THE WAY UP. I AM MONITORING THE SITUATION NOW.
TIEN WAH ALL THIS WHILE HAS BEEN A COMPANY WELL MANAGED. NOW COUPLED WITH RINGGIT DEPRECIATION AND HIGH REVENUE, THE PROFIT NATURALLY SHOOT UP. BASED ON THIS ASSUMPTION I THOUGHT OF BUYING A LOT BUT DUE TO BAD START, I HAVE A LITTLE DOUBT OF MY ASSUMPTION.
Just sold at RM2.65 and RM2.67 . Personally, I feel that Tien Wah may not be able to sustain good earnings for the next few quarters. I hope that I am wrong because I still hold some Tien Wah shares
Syndicates and insiders are nipping this counter gradually. I believe something is brewing. Trading price is coming to RM3/- with next price target at RM3.50 soon. Good news is bound to come.
I do not know the actual reason. But i believe 100 people will have 100 different explaination for the drop. Therefore, i dont really bother too much. Maybe u should start ignoring the price movement too. Cheers
Actually they did, refer note B13. If you are referring to foreign currency under comprehensive income, i believe this is problem with presentation and functional currency. This sum is not operating income, and is actually under foreign currency translation reserve under Equity which may or may not be realised as gain so long as the business continue to run.
dont know..will it affected? i am hesitate to go in tienwah also..will it sustain this quarter report earning in the coming quarter? no body know...fight or no fight...still thinking...
I just spent some time to read his previous quarter report and saw its previous quarter profit also dragged down by one off expenses.. This expenses will not occurred again in the coming quarter..
Besides its sales was almost all export, this has show significant improvement in the latest quarter, I believe it's following eps will maintain above 10sen at least in the follow quarters.. With 15sen+10+10+10 = 45 sen.. This share could reach rm4.50 in next year.. Another hidden gem that people still not yet spot it..
In summarize: -NTA rm2.90 -Healthy balance sheet with min debt -Sales was almost all export -company is generous in giving out dividend from the past record, so following quarter could expect a good dividend declared by the management -EPS could easily above 10sen from the appreciation of USD and no more one off expense like previous quarter
Target price : rm4.50 ( with the pe of 10, high nta and high dividend payout )
Do your own research ckwan, only that u can learn from it.. Or else u will only get trapped by those investor who always issue buy call without any reason
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....
chankp7010
614 posts
Posted by chankp7010 > 2015-11-13 10:09 | Report Abuse
m00077, I believe you are a very flexible and alert to changing time. Your effort to chase Tien Wah for RM2.29 even though you had sold it earlier at RM1.80 testified your shrewdness. Now Tien Wah is at RM2.50. May I ask what is your target for Tien Wah?