ROHAS TECNIC BERHAD

KLSE (MYR): ROHAS (9741)

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Last Price

0.29

Today's Change

+0.005 (1.75%)

Day's Change

0.285 - 0.295

Trading Volume

33,500


4 people like this.

1,295 comment(s). Last comment by tinman 2024-09-03 01:24

lloydlim

3,980 posts

Posted by lloydlim > 2020-02-27 14:11 | Report Abuse

Be patient!

Eric6790

211 posts

Posted by Eric6790 > 2020-02-27 15:03 | Report Abuse

boring c de market only drop

Davidl

1,816 posts

Posted by Davidl > 2020-02-28 12:37 | Report Abuse

Rohas seems wanna retest its year low!

bnmacai

467 posts

Posted by bnmacai > 2020-02-28 17:50 | Report Abuse

habis lah making loss. next week dispose all your shares. admin expenses is so high. must be paying a lot of [sensored] to secure contract.

wakarimas

1,043 posts

Posted by wakarimas > 2020-02-28 19:41 | Report Abuse

result not good , why the tax so high this quarter//???

yip_8988

117 posts

Posted by yip_8988 > 2020-02-29 12:33 | Report Abuse

Ya lah, why Tax so high??

Steve902

44 posts

Posted by Steve902 > 2020-03-01 16:46 | Report Abuse

no wonder dropped by 5% last Friday... should i hold? NTA is 69 cents though

LKSGSH

524 posts

Posted by LKSGSH > 2020-03-01 17:33 | Report Abuse

Yes .
Worth it to invest for it ....
- Good potential for current project as well
- New government formed
- Current price closing below as NTA and Recommended prices

Posted by AllanTingAS > 2020-03-01 22:09 | Report Abuse

My friend from their facory said coming but their QR is bad? They said biz is good but no profit. I a bit stuck on the news. Wait and see action!

Dangel

422 posts

Posted by Dangel > 2020-03-02 11:07 | Report Abuse

Downtrend stock!

Davidl

1,816 posts

Posted by Davidl > 2020-03-05 10:59 | Report Abuse

Time to accumulate!

prince4

1,459 posts

Posted by prince4 > 2020-03-06 16:24 | Report Abuse

Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Dangel

422 posts

Posted by Dangel > 2020-03-11 14:57 | Report Abuse

Market seems unstable yet, better stay aside & monitor 1st

yip_net

298 posts

Posted by yip_net > 2020-03-14 04:50 | Report Abuse

Margin call ,Margin call.

Posted by Management > 2020-03-14 21:35 | Report Abuse

From bad to worse..

mf

29,385 posts

Posted by mf > 2020-03-14 21:57 | Report Abuse

STATUS TERKINI KES COVID-19 DI MALAYSIA

Pada 14 Mac 2020 jam 12.00 tengah hari, sebanyak 41 kes baharu jangkitan COVID-19 telah dilaporkan. Kesemua kes baharu yang telah disahkan ini adalah dari kalangan patient under investigation (PUI) (37 kes) dan kontak rapat kes COVID-19 (4 kes). Dengan pertambahan 41 kes baharu ini, menjadikan jumlah kes positif COVID-19 di Malaysia adalah sebanyak 238 kes.

Ex7121

221 posts

Posted by Ex7121 > 2020-03-14 23:12 | Report Abuse

Definitely many kena margin call... Cheap sale

yip_net

298 posts

Posted by yip_net > 2020-03-17 13:45 | Report Abuse

Margin call Margin call and FORCES SELL FORCES SELL ,till sell underwear .

Eric963708

192 posts

Posted by Eric963708 > 2020-03-17 16:42 | Report Abuse

other counter a little bit up but this not even unchanged still drop

Posted by DreamKentut > 2020-03-17 17:21 | Report Abuse

ORDER FILLED @24..

WILL ADD MORE if it reaches 4 sen.

yip_net

298 posts

Posted by yip_net > 2020-03-17 22:02 | Report Abuse

Ha Ha Ha ,4 Sen become PN 17

Posted by DreamKentut > 2020-03-17 22:09 | Report Abuse

"Rohas’s FY19 earnings of RM26m (+61% YoY) were above our expectations mainly due to stronger contribution from EPCC segment. YTD core PATAMI increased on higher contribution from EPCC segment and remediation from the acquisition of HGPT. Outstanding EPCC orderbook of c.RM500m translates into 1.5x cover ratio. Maintain our earnings forecast as stronger growth has been baked in to our assumptions. Maintain our forecasts and BUY rating with an unchanged TP of RM0.79. TP is pegged to 12x PE multiple based on FY20 earnings."

Teh1989

80 posts

Posted by Teh1989 > 2020-03-18 11:08 | Report Abuse

Everyday drop

ochai

350 posts

Posted by ochai > 2020-03-18 11:40 | Report Abuse

operator oso kenot tahan .. keep buying more!!! nee noo nee noo...

bnmacai

467 posts

Posted by bnmacai > 2020-03-18 19:03 | Report Abuse

Anyone stucked here? My cost almost 60 cents. Now 20 cents saja. How lah :(

ochai

350 posts

Posted by ochai > 2020-03-18 19:09 | Report Abuse

@bnmacai haha..me too, today grab some for avrg down... let's see tomolo, wallop some more..haha
have faith!!

Posted by DavidKhoo118 > 2020-03-24 16:46 | Report Abuse

Lucky bgt some today, kakaka

wakarimas

1,043 posts

Posted by wakarimas > 2020-04-09 00:12 | Report Abuse

nobody here already .aha

Cnlim

492 posts

Posted by Cnlim > 2020-04-09 06:55 | Report Abuse

All already wounded in this bearish market be happy trading

DickyMe

14,932 posts

Posted by DickyMe > 2020-04-16 17:10 |

Post removed.Why?

wakarimas

1,043 posts

Posted by wakarimas > 2020-04-20 16:41 | Report Abuse

goreng goreng sebelum naik

LKSGSH

524 posts

Posted by LKSGSH > 2020-04-22 21:13 | Report Abuse

Tomorrow uptrend continue. ......
Binacom
Opcom
Redtone

LKSGSH

524 posts

Posted by LKSGSH > 2020-04-22 21:14 | Report Abuse

Today Rohas exchange hand on 0.37 & 0.375

plroo7

299 posts

Posted by plroo7 > 2020-04-23 10:55 | Report Abuse

Any good news?... Volumn up today....

Eric6790

211 posts

Posted by Eric6790 > 2020-04-23 11:30 | Report Abuse

yalo,suddenly had volume today,

Posted by Ridzuan Othman > 2020-04-23 14:15 | Report Abuse

Gap up after lunch

dxbman

905 posts

Posted by dxbman > 2020-04-23 14:19 | Report Abuse

Strong buy

pang72

51,983 posts

Posted by pang72 > 2020-04-23 18:23 | Report Abuse

Next baby!

plroo7

299 posts

Posted by plroo7 > 2020-04-24 10:53 | Report Abuse

Rohas undervalue compared with binacom.... Today all market down...

LKSGSH

524 posts

Posted by LKSGSH > 2020-04-24 20:47 | Report Abuse

The speculator still inside ......

LKSGSH

524 posts

Posted by LKSGSH > 2020-04-27 10:22 | Report Abuse

Fabrication orderbook currently stands at c.RM170m, translating into 1.3x cover. EPCC orderbook stands at RM530m, translating into 1.5x cover. Rohas’s project execution has been delayed in various countries. Nonetheless, management remains optimistic for a restart despite the lockdown due to its involvement in critical power utilities infrastructure. Progress in Indonesia has not been halted with earnings contribution to come in 2H20. Maintain forecasts and BUY rating with higher TP of RM0.50. TP is derived from pegging FY20 earnings to 10x P/E multiple.

Outstanding orderbook. Fabrication division outstanding orderbook currently stands at c.RM170m, translating into 1.3x of FY19 tower revenue. EPCC orderbook stands at RM530m, translating into 1.5x of FY19 EPCC revenue. Given the usual contract duration of both segments (18-36 months), orderbook level looks healthy. While the company did not divulge its outstanding tenderbook, we were made to understand tenders for domestic opportunities are still ongoing with its latest tender submission being 2 weeks ago.

Penang transmission line. Rohas is still waiting for the award outcome which was expected to be awarded in 1Q20 initially. The job comprises of a transmission line from Butterworth to Penang Island which will run parallel to the Penang Bridge (estimated project value: RM1bn). In bidding for the job, Rohas has formed a JV with Muhibbah and are up against 4 other bidders.

Laos EPCC. Progress for Laos EPCC contract (RM300M) has hit a snag with completion rate at c.70% (RM180m) at end FY19. Initially, the company was targeting to achieve project completion by March 2020. Nonetheless, a nationwide lockdown has inevitably delayed the completion to 3Q20.

Bangladesh EPCC. Rohas has recently secured 2 EPCC contracts worth a cumulative RM192m in Bangladesh, both of which are scheduled to start in 2H20. While the country is currently in lockdown, the client, Power Company of Bangladesh has approached the government to allow construction of its critical power infrastructure. Management reckons that given frequent electricity shortages, chances are high to secure approval for permitting critical EPCC works despite the lockdown.

Telco tower deliveries. To recap, previously Rohas secured fabrication contracts in Sarawak for 130 out of 300 towers tendered with an estimated value of RM19.5m (RM150k per tower). As of Dec-19, roughly half of the towers have been delivered. Delivery timeline for the remaining towers is slated for 1H20. Recall that Sarawak has allocated c.RM1bn for the rollout of telco towers (including EPCC and tower costs).

Indonesia. Construction of Rohas’s 49% owned mini-hydro in Indonesia is still on going in Acheh with civil works scheduled to complete by end Apr-20. Earnings contribution should commence upon plant’s commissioning targeted for 2H20. Prior management guidance indicates annualised earnings contribution to Rohas is expected to be c.RM4m.

Forecast. Maintain forecasts as we have earlier slashed earnings in anticipation of execution delays.

Maintain BUY, TP: RM0.50. Maintain BUY with higher TP of RM0.50 (RM0.40). We reckon due to the nature of its business, earnings recovery trajectory post-MCO is likely to be relatively steeper. TP is derived from pegging FY20 earnings to higher 10x (from 8x) P/E multiple as we think the overall Covid-19 impact to the stock is more transient than our initial assessment.

Source: Hong Leong Investment Bank Research - 27 Apr 2020

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Posted by Ravindran Raja Rathanam > 2020-04-28 16:50 | Report Abuse

Good business with many future contracts. futhermore Related to 5G but share price seem to be very heavy. I think investor worried abt thier QR.

DickyMe

14,932 posts

Posted by DickyMe > 2020-04-28 16:52 | Report Abuse

Yessssaaaa..?

Posted by ChartTrader > 2020-04-28 21:44 | Report Abuse

ROHAS (9741)

Stage 4 cycle ended on 19/3 with low of $0.17.It is starting its new stage 1 cycle in a Uptrend Channel which is very bullish and offer trading opportunity.
It immediate Resistance is at 0.435 and if break and stay above it is expected to close the gap $0.46/$0.485.
First weakness if break below $0.385(Uptrend channel support) and will cut losses if break below $0.375.
I bought in at $0.40 today.

Good Luck !

DickyMe

14,932 posts

Posted by DickyMe > 2020-04-28 21:49 | Report Abuse

Bought @24 sen, will top up if it crashes below 34 sen.

LKSGSH

524 posts

Posted by LKSGSH > 2020-04-29 00:03 | Report Abuse

Some fund speculators keep on selling the shares ...... or exchange hand l !

LKSGSH

524 posts

Posted by LKSGSH > 2020-04-29 00:04 | Report Abuse

Recently this two days seller qty increased

Posted by Ravindran Raja Rathanam > 2020-04-30 17:35 | Report Abuse

Any dividend frm Rohas?

moneyfind

244 posts

Posted by moneyfind > 2020-05-06 00:10 | Report Abuse

Adding fuel to the rally in riskier, more volatile technology stocks was a recent initiative by top policymakers to spur investment in so-called new infrastructure, such as the fifth-generation (5G) wireless network, cloud computing and internal data centres, to counter the economic slowdown.

Extract from south china morning post

plroo7

299 posts

Posted by plroo7 > 2020-05-06 09:57 | Report Abuse

Early trading - volume up... Any good news????

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