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

choop818

707 posts

Posted by choop818 > 2015-12-21 23:43 | Report Abuse

As expected because of UMA.

pushparaj

209 posts

Posted by pushparaj > 2015-12-22 19:40 | Report Abuse

calvintaneng, your comments on "TECNIC". any material information,please advise. it is moving up slowly , after "UMA" by BM

choop818

707 posts

Posted by choop818 > 2015-12-23 10:30 | Report Abuse

Pushparaj, did Calvin comment on Tecnic? Where?

pushparaj

209 posts

Posted by pushparaj > 2015-12-23 14:35 | Report Abuse

so far no comments from calvin. just seeking his advice

choop818

707 posts

Posted by choop818 > 2015-12-28 16:55 | Report Abuse

Watch out , Tecnic's starting to move again! One of the stars for 2016?

bleuerouge

3,221 posts

Posted by bleuerouge > 2015-12-30 09:35 | Report Abuse

What is the status of Rohas RTO?

zackyh

70 posts

Posted by zackyh > 2015-12-31 15:33 | Report Abuse

should i sell at 1.5?

choop818

707 posts

Posted by choop818 > 2015-12-31 19:06 | Report Abuse

I believe RTO is on, only when finalised. Hopefully will announce next week.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-05 13:13 | Report Abuse

Time to load, it will fly once the hot moneys comes in.

jebat

559 posts

Posted by jebat > 2016-01-05 15:39 | Report Abuse

suddenly up suddenly down.....:D

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-06 12:46 | Report Abuse

It could fly to RM 3 once RTO is completed

choop818

707 posts

Posted by choop818 > 2016-01-06 16:41 | Report Abuse

Could be the dark horse for 2016. Going in now may look like a gamble but if you had researched, you would find that Tecnic was prepared specially for the rto.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-06 21:20 | Report Abuse

I guess so too. Cheers.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-11 14:43 | Report Abuse

Gonna test 1.52 today

choop818

707 posts

Posted by choop818 > 2016-01-11 15:12 | Report Abuse

Slow and steady to avoid uma. By end of the month around what price?

Posted by metalgearsnake > 2016-01-11 15:26 | Report Abuse

above 1.70

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-11 15:39 | Report Abuse

Great !!! Bear in mind that this is only half way to RM 3

choop818

707 posts

Posted by choop818 > 2016-01-11 15:59 | Report Abuse

Looks like will surpass 1.70 before end of week.

michaelwong

3,072 posts

Posted by michaelwong > 2016-01-11 19:09 | Report Abuse

Miss the rocking boat just had a cup of tea......unlucky today ! My choice of stock ....

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-12 09:16 | Report Abuse

all the way

teareader

63 posts

Posted by teareader > 2016-01-20 20:51 | Report Abuse

Time for Tecnic to rev the engine.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-21 15:44 | Report Abuse

panic selling everywhere

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-22 07:25 | Report Abuse

Keep calm, it will bounce back

pushparaj

209 posts

Posted by pushparaj > 2016-01-22 14:49 | Report Abuse

VERY QUIET CAT, WAITING TO REWARD SHAREHOLDERS

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-22 15:16 | Report Abuse

an opportunity to load before frog jumping again for the second round

teareader

63 posts

Posted by teareader > 2016-01-27 13:31 | Report Abuse

Getting ready to jump!

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-01-28 01:19 | Report Abuse

Tomorrow will be a good day

teareader

63 posts

Posted by teareader > 2016-01-28 17:29 | Report Abuse

Announcement?

teareader

63 posts

Posted by teareader > 2016-01-30 12:50 | Report Abuse

Any comments how the MGO will affect current Tecnic shareholders?

taitaumau

277 posts

Posted by taitaumau > 2016-01-30 13:35 | Report Abuse

Based on my understanding,

1 old share = RM 0.495 + 1 new share
1 new share offer price = RM 0.63 under MGO
Proposed public issue, 1 new share issued at RM 0.63

may not worth current price at RM 1.45 per share, just my view

weewee22

154 posts

Posted by weewee22 > 2016-01-31 07:49 | Report Abuse

Hmm.. share px will likely fall as issue px is set at 0.63 whilst current mkt px is 1.45. If the reverse, then only sh px will be up

teareader

63 posts

Posted by teareader > 2016-01-31 18:38 | Report Abuse

Very interesting times ahead. For the contrarians it may be a good time to collect? REI, the vendor, were doing very well when they decided to go private in 2007. The reason, they were not willing to dilute their share holdings in order to meet the minimum public spread of 25%. They bought the remaining shares (21%) that they did not own at RM1.80 per share. An analysis of their 2007 accounts, indicated high growth in both top line and bottom line, with historical p/e of 5.45 times and their forward p/e of 3.5 times, based on annualized earnings. In 2016, they have a change of heart. What do you think will happen in the coming months leading to the IPO?

ruslimz

1,609 posts

Posted by ruslimz > 2016-02-01 18:10 | Report Abuse

conclusion from the proposals.......
1. Tecnic will issue about 317m shares at 63sen each to acquire 100% Rohas.
2. Vendors of Rohas will offer to acquire all existing tecnic shares at 63 sen each under MGO.
3. Public offer and offer for sale of tecnic shares is also at 63 sen
4. Numbers of tecnic shares after the proposal will be about 414m compared to current of 40m shares.
5. Projected profit for Rohas is about RM22m. So EPS for expanded tecnic will be about 5.3sen for a PE of 12 considering IPO of 63 sen.
Now I think you have a better idea how to value tecnic.
Whole proposals suppose to be completed in 4Q 2016.

I think investors who bought tecnic more than RM1.20 Will be in trouble post the proposals. I think it will follow to as what had happend to symphony. During the rumours of RTO by Ranhill it shot up to 30 sen. Then came the announcements for the RTO proposals of at 16 only. Price dropped after that...........

teareader

63 posts

Posted by teareader > 2016-02-01 20:32 | Report Abuse

Tecnic's last quoted price was 1.45. If we were to deduct the proposed cash refund of 0.49 sen and the vendor's offer price of 0.63 sen, to the existing shareholders, the premium is 0.33 sen. Is this too much to pay? It says a lot of the business acumen of the vendor, who at the time the company was taken private in 2006, the nta was 1.83, compared to the current 2.92 offer price. The direction where the share is heading will be depend on the three future quarterly results plus any positive news from the vendor, prior to the IPO. Let the market decide!

ruslimz

1,609 posts

Posted by ruslimz > 2016-02-01 22:11 | Report Abuse

two shareholders have given notice to bursa to deal in the securities of the company......watch for they will sell or buy ...........my projection, they will sell ....considering the current premium.......monitor the bursa announcement please.......

ruslimz

1,609 posts

Posted by ruslimz > 2016-02-01 22:20 | Report Abuse

they have already disposed some in january....................

teareader

63 posts

Posted by teareader > 2016-02-01 23:07 | Report Abuse

We are in interesting times! I believe many will be watching this counter very closely - to try to make a killing or be killed.

ruslimz

1,609 posts

Posted by ruslimz > 2016-02-01 23:32 | Report Abuse

in investing .......you will win most of the time if you use brain and logic.......

teareader

63 posts

Posted by teareader > 2016-02-02 00:36 | Report Abuse

I don't quite agree. A hedge fund, Long Term Capital Management, with two Noble Prize winners in their team lost 4.6 billion usd in 1998 in a matter of four months and had to be baled out with the help of the US Federal Reserve. Successful investment is in timing and if timed right, you win, irrespective of what you have between the ears.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-02-02 09:55 | Report Abuse

This is interesting for a medium term investment.

teareader

63 posts

Posted by teareader > 2016-02-02 10:18 | Report Abuse

Need some news to spice things up.

teareader

63 posts

Posted by teareader > 2016-02-04 16:42 | Report Abuse

Is cheap sale over?

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-02-04 22:48 | Report Abuse

Maybe, i missed out yesterday, hope still got chance tomorrow.

ruslimz

1,609 posts

Posted by ruslimz > 2016-02-10 16:39 | Report Abuse

chance to lose money..........

teareader

63 posts

Posted by teareader > 2016-02-19 16:20 | Report Abuse

It just need a catalyst to push it to the next level.

ruslimz

1,609 posts

Posted by ruslimz > 2016-02-26 22:38 | Report Abuse

catalyst !!!!!!!......believe me .....if you buy at current price....you will cry later.....

teareader

63 posts

Posted by teareader > 2016-02-29 16:17 | Report Abuse

ruslimz, you have disposed all your shares?

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-03-16 00:36 | Report Abuse

Why the price jump out of the blue?

teareader

63 posts

Posted by teareader > 2016-03-16 01:23 | Report Abuse

Maybe Rohas 2015 financial results improved a lot? Just guessing!

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-05-03 00:03 | Report Abuse

After 1.5 month, still no movement. Is Rohas really completed RTO? I guess not.

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