TCS GROUP HOLDINGS BERHAD

KLSE (MYR): TCS (0221)

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Last Price

0.15

Today's Change

0.00 (0.00%)

Day's Change

0.15 - 0.15

Trading Volume

93,000


4 people like this.

455 comment(s). Last comment by fakelok747 1 hour ago

Gobursa

7 posts

Posted by Gobursa > 2024-05-14 19:17 | Report Abuse

please take note.... there is one Gumanjie group called buy this counter very log time ago and caused alot of member die because of TCS WA expired... espeacially their rubbish sifu Nagugong... So better watch out this counter.

Gobursa

7 posts

Posted by Gobursa > 2024-05-14 19:21 | Report Abuse

Add on - Gumanjie is Ginny Teo, last time is Qiang Qiang (so called Guru) assistant.

daren

113 posts

Posted by daren > 2024-05-20 14:47 | Report Abuse

Going down to 0.12 by 30th May?

AlfI3

1,289 posts

Posted by AlfI3 > 2024-05-28 05:54 | Report Abuse

Prces very consistent pre RI, wud this trend sustainable?

KY1777

64 posts

Posted by KY1777 > 2024-05-28 19:18 | Report Abuse

game over

AlfI3

1,289 posts

Posted by AlfI3 > 2024-06-05 06:38 | Report Abuse

Nvr shown any sign of gone case lah🤔

garygee77

191 posts

Posted by garygee77 > 2024-07-01 11:09 | Report Abuse

any chances hit above 0.200

AlfI3

1,289 posts

Posted by AlfI3 > 2024-07-02 23:09 | Report Abuse

Garygee77, it on d way twds 0.2 which u had been desired for

KY1777

64 posts

Posted by KY1777 > 2024-07-22 15:36 | Report Abuse

on the way to holland

Posted by DreamCommander > 1 month ago | Report Abuse

TCS secures RM117 mil construction contract from S P Setia
Luqman Amin/theedgemalaysia.com
30 Sep 2024, 06:06 pm

https://theedgemalaysia.com/node/728493

UnicornP

2,850 posts

Posted by UnicornP > 1 month ago | Report Abuse

👍

UnicornP

2,850 posts

Posted by UnicornP > 1 month ago | Report Abuse

At least 30c. Now just need to wait another QR to jack up.

UnicornP

2,850 posts

Posted by UnicornP > 1 month ago | Report Abuse

I noticed that this smallish construction company can get projects from large conglomerate like KLK and SPSetia.

Michael Kwok

6,442 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Tcs 16 cents***
Tp 20-24 cents(come early if budget coming look better).
If no,come few month later.
17/10/24 12.40am

Posted by kaninabu > 2 weeks ago | Report Abuse

Just this morning, TCS project found wall crack, quickly sell and run lo.

Posted by Kampot80 > 1 week ago | Report Abuse

dgr cerita dr engineer projek di Danau Kota tu sama ade jerujuk mendap atau rangka konkrit retak tu mmg serius, sememamg kena robohkan dan bikin semula

Mak_kiah

629 posts

Posted by Mak_kiah > 1 week ago | Report Abuse

suspended ...

UnicornP

2,850 posts

Posted by UnicornP > 1 week ago | Report Abuse

Good la. Bring back the chart to supposed level before QR boom.

Syndicates

884 posts

Posted by Syndicates > 1 week ago | Report Abuse

why ssb8 xde hal?

kritikos

57 posts

Posted by kritikos > 1 week ago | Report Abuse

nothing to do SSB8.
Owner of PV also owns SSB but SSB is not involved in this J.Satine project..
and Jsatine developer is Gandingan Jakel, which is a JV between PV and Jakel.

kritikos

57 posts

Posted by kritikos > 1 week ago | Report Abuse

knee-jerk reaction.. everyone hoohaa now. but in time, all will be forgotten and life goes on. i suppose when the so-called "full investigation report" is out, then we all will know who is responsible. hopefully developer will follow up and issue stmt .. jgn nanti buat senyap saje. in any case, lucky that no one died or injured in the incident.
on TCS.. hmm.. who knows, buying opportunity? was 16sen now back to 14 sen.. seems that they have been winning quite a few projects recently.... could be a turnaround play? time will tell.

UnicornP

2,850 posts

Posted by UnicornP > 1 week ago | Report Abuse

If you google who is responsible for structural failure la, contractors are not involved.

Posted by eL3MeN7K > 1 week ago | Report Abuse

This is on piling contractor lah, TCS are only on main building works not TCS fault at all

Posted by BuildBackBossku > 1 week ago | Report Abuse

I know a friend who was involved in the project, he said the problem was the piling contractor. If this is true, then it is unlikely that TCS was at fault because TCS only do the main construction work, not the piling work. Can check back bursa announcement on 21 June 2024

Posted by moneymanager > 1 week ago | Report Abuse

apart from TCS, there are other contractors involved. So could be these other contractor’s problems.

SourDosey

198 posts

Posted by SourDosey > 1 week ago | Report Abuse

When people see crisis, I see opportunity 😀 This is a buying opportunity. Btw, its share price has climbed from 14 sen in August to 16 sen before the bad news. It will move back up to the price level

feiying87

37 posts

Posted by feiying87 > 1 week ago | Report Abuse

Confident in TCS, they got experience & not a small developer... problem will resolve for all parties

Albukhary

3,043 posts

Posted by Albukhary > 1 week ago | Report Abuse

No matter TCS is liable or not, once this project is stop, a lot of thing will be impacted.
1st, bank will stop release payment.
2nd, those bank that borrow loan to contractor / sub-contrator that related to this project, bank also will review their loan.
3rd. Developer will hold all payment to contract while pending for investigation.
4th. For contractor, all the worker salary is count on daily one. When project stop, you either need to transfer worker to other side, or your terminate them...etc.
5) For those machinery like crane, cement machine....etc, all count by daily one, when project stop, it is either you continue to pay for it, or return back to vendor.

No one know how long it will take for the investigation, maybe 2 month, 4 months?

faridfet

516 posts

Posted by faridfet > 1 week ago | Report Abuse

if you see any of these name, sure maximum tak boleh pakai one:
1. TCS Group
2. Radium Development
3. Southern Score Builders (SSB8)
4. Platinum Victory
5. Jakel Group
6. Jayyid Land

Posted by CapitalCraftsman > 1 week ago | Report Abuse

J Satine mixed development project is under investigation. I guess this case will be solved soon

https://thesun.my/business-news/tcs-group-investigates-cracks-at-j-satine-mixed-development-project-PH13272397

Posted by moneymanager > 1 week ago | Report Abuse

We shall see, but most likely is not TCS fault

Vista99

28 posts

Posted by Vista99 > 1 week ago | Report Abuse

Besides TCS, there are other contractors involved. So could be these other contractor’s problems...

Posted by moneymanager > 1 week ago | Report Abuse

But most of them dont understand one. Might be a good thing, so that those who understand can collect at a cheaper range.

semboYan

29 posts

Posted by semboYan > 1 week ago | Report Abuse

let the authorities investigate first... I belive in TCS... once all solve can climb back 0.16 again

Posted by BuildBackBossku > 6 days ago | Report Abuse

Actually I've been following TCS for a while. They had a tough period from 2021 to 2023 due to some unprofitable projects picked up during the MCO, but it’s encouraging to see they’ve turned things around. Since July, the company has secured three projects worth RM333 million in total. At this pace, profitability by 2025 looks promising !

Posted by Callmejholow > 6 days ago | Report Abuse

it will be a long process.

developer may choose to terminate first... even if they dont, developer may not compensate for prolongation of contract. either way contractor will lose out.

now hard to say who is at fault and who is not. big blame game now.

Posted by moneymanager > 6 days ago | Report Abuse

Hard to say, because it is also a big challenge for the developer to find new contractor to clean up the mess in a short time. We will see how it goes

KarmaS

37 posts

Posted by KarmaS > 6 days ago | Report Abuse

if everything settle then what bossku say would be correct, doubt TCS will tarnish their own reputation...

SourDosey

198 posts

Posted by SourDosey > 3 days ago | Report Abuse

I tried CHATGPT to read this news link and tell me which contractors were responsible in the case of the structural failure mentioned. CHATGPT said it could be a piling contractor, a general structural contractor or a concrete or steel frame specialist…

Posted by beachboi21 > 3 days ago | Report Abuse

initial findings suggest that TCS do not cause the building crack, support TCS

Posted by moneymanager > 2 days ago | Report Abuse

I asked my friend who is working in construction field, he said this kind of issue is mostly due to piling problem. Simply speaking, is not TCS fault

Posted by BuildBackBossku > 2 days ago | Report Abuse

The truth will eventually come out and the case will be solved. TCS will continue to move forward and secure more projects

Illvya

14 posts

Posted by Illvya > 2 days ago | Report Abuse

Gandingan Jakel said it had taken immediate actions to ensure full compliance with all relevant building codes and regulations. Time will prove Tcs right

Posted by moneymanager > 1 day ago | Report Abuse

New project coming in, time to fly again

https://www.klsescreener.com/v2/announcements/view/8502633

Posted by Callmejholow > 1 day ago | Report Abuse

interesting move.

All the while doing building, website doesnt show much road projects, and now suddenly go into a mega road job. Short term goreng ok la, longer term need to wait and see.

faridfet

516 posts

Posted by faridfet > 1 day ago | Report Abuse

TCS mmg cable kuat. Company negative net cash, negative free cash flow, negative net margin, level penny stock, market cap only 90m, loss making company pun dpt award pan borneo highway? Gila2.

Posted by CapitalCraftsman > 8 hours ago | Report Abuse

Some merchants will still choose POS as a delivery service even if they suffer continuous losses; MSM seen as sugar monopoly still able to make losses. Anything can happen in Malaysia and no need to feel gila about

Posted by moneymanager > 3 hours ago | Report Abuse

Exactly, and all these buka tender projects they will only look at whose price is more reasonable, their work quality in the past etc.... Nothing to do with market cap all that

Posted by fakelok747 > 1 hour ago | Report Abuse

New pan borneo project wor, if more project come in then can come back 0.20

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