TCS GROUP HOLDINGS BERHAD

KLSE (MYR): TCS (0221)

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Last Price

0.19

Today's Change

-0.005 (2.56%)

Day's Change

0.18 - 0.20

Trading Volume

2,902,600


4 people like this.

404 comment(s). Last comment by Raiz368 2 weeks ago

TopEarn1

467 posts

Posted by TopEarn1 > 2021-02-03 18:45 | Report Abuse

Since TCS’s debuted on ACE Market in July last year, the group continues to secure new projects despite challenging landscape during the period. Outstanding orderbook registered a sturdy growth from RM420.0m as of June 2020 to RM898.3m as of Sept 2020, providing earnings visibility over next 3 years.

If you add the recent win of over 100mil, it is 1bil worth already.

The order book you can refer to Rakuten Research.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-02-03 20:18 | Report Abuse

okok..thanks @TopEarn1

ruby20

308 posts

Posted by ruby20 > 2021-02-07 21:14 |

Post removed.Why?

Posted by iJustwantTOinvest > 2021-02-09 01:04 | Report Abuse

I just bought some stocks for TCS at the price 0.53, is it worth to hold it for 3-6 months starting from now?

chin5675

56 posts

Posted by chin5675 > 2021-02-09 10:58 | Report Abuse

yes for sure. look good today

chin5675

56 posts

Posted by chin5675 > 2021-02-09 17:46 | Report Abuse

may be more bro

TopEarn1

467 posts

Posted by TopEarn1 > 2021-02-09 22:41 | Report Abuse

With 1bil book order, that might be more to come. I hope it goes beyond RM1.

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-10 00:04 | Report Abuse

Up

chin5675

56 posts

Posted by chin5675 > 2021-02-10 00:10 | Report Abuse

up

Stevenyky

10 posts

Posted by Stevenyky > 2021-02-10 12:25 | Report Abuse

M Online Technical Focus - 10Feb21
TCS Group Bhd: A strong start into 2021

Trading Catalyst
• Established relationship with past and existing clientele with repeating notable customers include Worldwide Holdings Bhd, UM Land Group and Tropicana Group.
• Bagged a total of 5 major construction contracts with combined value at RM646.6m since listing in July 2020, bumping unbilled orderbook to approximately RM950.0m to provide earnings visibility over next 2 years.
• Proposed 1-for-2 free warrants as part of the initiative to reward existing shareholders.
• Technically, price has formed a flag-formation breakout above RM0.545, targeting the next resistances at RM0.59-0.605 with long term target at RM0.65.

Technical View

(i) TCS (S: RM0.525, R: RM0.59-0.605, LT TP: RM0.65, CL: RM0.505)

S: Support, R: Resistance, LT TP: Long term target price, CL: Cut loss

Source: Bloomberg, M Online

Kingston1

1,716 posts

Posted by Kingston1 > 2021-02-10 12:58 | Report Abuse

Road to 0.70

Kc1154

191 posts

Posted by Kc1154 > 2021-02-11 10:10 | Report Abuse

Meeting 25/2 want to give bonus. Fast fast buy

Posted by thebighead07 > 2021-02-14 21:52 | Report Abuse

Good momentum stock.. Won most contracts construction firm in KL after MCO.. Long term target to move to Main Market..

kabam88

211 posts

Posted by kabam88 > 2021-02-16 10:52 | Report Abuse

Did anyone receive any link to join/register for the EGM on 25th?

Posted by iambatman > 2021-02-16 23:37 | Report Abuse

Lots of project already secured but got some more! Wahh sure LU!!!

DinDin01

46 posts

Posted by DinDin01 > 2021-02-25 13:02 | Report Abuse

Free Warrant Approved!

Posted by thebighead07 > 2021-02-26 00:35 | Report Abuse

So after few months I am here again.. Can refer to my earlier comments along this thread..

I miss Ostrich @billionn .. His existence makes everyone's life interesting and fun.. Or I should say a joke

But when you see this @billionn comments in other places.. Always condemn others.. Very shallow sighted guy..

Anyway.. Hoorrrarry for TCS.. Let's buckle your seat belt and rocket!!!!!!!!!!!!

0.385 to 0.71 (25/2)

thebighead07

bct2619

207 posts

Posted by bct2619 > 2021-03-02 08:37 | Report Abuse

Good morning,, anyone can advice what will be d price for Warrant?? Any indicative convertion price for d warrant??? Thks

Sailangking

1,912 posts

Posted by Sailangking > 2021-03-02 09:40 | Report Abuse

someone keep throwing ..what happen

wee2000

246 posts

Posted by wee2000 > 2021-03-02 11:39 | Report Abuse

warrant conversion is on rm0.38. alamak.

bct2619

207 posts

Posted by bct2619 > 2021-03-02 13:02 | Report Abuse

Any one can advice how to cal d initial trading price for Wa when listing?? Mind share d knowelege...

Sailangking

1,912 posts

Posted by Sailangking > 2021-03-02 13:52 | Report Abuse

@bct, just hold until ex date... warren price need to refer mother (before listing day )

bct2619

207 posts

Posted by bct2619 > 2021-03-02 14:02 | Report Abuse

noted...@SLKing,, just wanna to know and learn d formula apply to cal d initial opening price for WA if can

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-03-02 18:46 | Report Abuse

if exercise price is 38 cents...
it will go back to 50 cent soon...
hahaha

Sailangking

1,912 posts

Posted by Sailangking > 2021-03-02 22:38 | Report Abuse

Here like put fund in FD... Safe... Got bonus too ya... Hehe

Posted by AtomicHabits > 2021-03-03 00:36 | Report Abuse

If before Ex bonus wa, mother close at 65c, mother will adjust to 65x2 +38=168 /3 = 56 on ex date.
Wa listing price = 56 x2 +38 /3 = 150/3x =50.
50-38 =12c. .

Posted by Hello_cannot > 2021-03-03 00:45 | Report Abuse

Where is @billions ? He said TCS cant fly........

Collin64

140 posts

Posted by Collin64 > 2021-03-04 12:23 | Report Abuse

Hi AtomicHabits. Thanks for the calculations.
Your calculations of the mother share seem correct, that is, 0.56.

But the theoretical price of the warrant will be dependent on the price of the mother share on the eve of the warrant's listing and the exercise price.

Let's assume the listing date of the warrant is on 17 March.
On 16 March, TCS share closed at 0.55.
The warrant exercise price is 0.38.
Then the theoretical listing price of the warrant should be
0.55 - 0.38 = 0.17.

Please correct me if I am wrong

TopEarn1

467 posts

Posted by TopEarn1 > 2021-03-04 20:36 | Report Abuse

Collins is right

Posted by AtomicHabits > 2021-03-05 00:26 | Report Abuse

Thks collin64 for the correction..

Posted by DunningKruger > 2021-03-05 15:22 | Report Abuse

hi, feel free to correct me if I'm wrong:

1) i think AtomicHabits's formula to calculate mother share price will apply to counter that come with free bonus issue( i.e.: the number of mother share will increase after the ex-date). Since TCS only offer free warrant, the number of mother share will remain same before and/or after the warrant ex-date/listing date, therefore the price of mother share and warrant will not be affected by the total number of mother share.

2) when TCS share price is at 0.55
warrant price should be around 0.235
(( MS x 12% ) + MS )- EP
MS = Mother Share Price
EP = Warrant Exercise Price
12% is the Warrant Premium ( my conservative prediction )

Posted by Bangsabursa > 2021-03-05 23:21 | Report Abuse

Hi, is it EP (Exercise Price) is fixed with 0.38?

If mother share go to RM1, what is the warrant price? 0.78?

wee2000

246 posts

Posted by wee2000 > 2021-03-05 23:36 | Report Abuse

0.38 is fixed. if mother rm1, warrant is rm1-rm0.38=rm0.62

Posted by AtomicHabits > 2021-03-07 12:56 | Report Abuse

Dunningkruger, i also, learn from Kpower & Scib bonus shares & warrant process
1) treat warrant as right issue, when warrant exercise price is higher than mother share just before ex, liek kpower for exam, the mother share price will not be adjusted eg kpower pre ex price :
2.30x3 + 2.50 x1 .. So u can't adjust up the mother shares price.

For Scib, warrant exercise 1.77, <mother pre ex is 2.63 ( if not mistaken), so ex bonus warrant mother price adjusted to 2.63x2 +1.77x1 =2.34 .

Its very logic when u get warrant free 1.77, and its in the price because mother worth 2.63, u can just convert it can gain 2.63-1.77, a whoppy 86c,(if no adjustment to mother shares) but remember eps also diluted due to conversion (more mother shares), so it has to be adjusted to show fair for ex bonus warrant shares holder..

Posted by AtomicHabits > 2021-03-07 13:02 | Report Abuse

As for the reference price, its same theory,
When exercises price < mother shares, it oledi carry value ( in the price) so it must be reflected when listing, says if day before warrant listed, mother at 55c , warrant listing references price will be 55-38 =17c, and LU on 1st listing day can be 5x 17 c ( Not 30C but 400%) only the 2nd day the LU will be 30c if it price still< RM1

jjasonlim

780 posts

Posted by jjasonlim > 2021-03-07 13:56 | Report Abuse

TCS Warrant first day impossible limit up! if limit up, warrant share price exceed mother share price already

Sailangking

1,912 posts

Posted by Sailangking > 2021-03-08 09:12 | Report Abuse

hope today can stay at 0.750....

Akifuyu

150 posts

Posted by Akifuyu > 2021-03-08 11:18 | Report Abuse

0.75 really??

Elaine708

65 posts

Posted by Elaine708 > 2021-03-08 14:01 | Report Abuse

My 2cent, tomorrow last day ex date, don't think wil clim 0.75 as operate press it

Sailangking

1,912 posts

Posted by Sailangking > 2021-03-08 14:40 | Report Abuse

no movement........LOL

Posted by dragontang > 2021-03-08 17:34 | Report Abuse

just buy and hold and enjoy the free dessert... company stable and steady pom pi pi ... just hold and be rewarded.

Posted by harryl33 > 2021-03-08 18:15 | Report Abuse

@Elaine708 But what would the operator benefit from pressing the price down? Shouldn't allowing the price to go up benefit everyone?

Posted by dragontang > 2021-03-09 12:26 | Report Abuse

push too high everyone cash out then siapa cash in ? slowly steady pom pi pi...

jjasonlim

780 posts

Posted by jjasonlim > 2021-03-09 17:56 | Report Abuse

Tomorrow Mother share TO price will be RM0.58

Collin64

140 posts

Posted by Collin64 > 2021-03-09 21:43 | Report Abuse

They have not announced the listing date of the warrants yet. It seems that the free warrants are usually listed about 2 weeks from the ex date.

jack663

288 posts

Posted by jack663 > 2021-03-10 10:08 | Report Abuse

may i know how much the warrant price? around 0,20?

Sailangking

1,912 posts

Posted by Sailangking > 2021-03-10 13:28 | Report Abuse

wait 18march only know bro

rizal01

1 posts

Posted by rizal01 > 2021-03-10 22:20 | Report Abuse

Hi @jjasonlim, may I know about how come the price become 0.58? & what is the meaning of 'TO price'?

Posted by AtomicHabits > 2021-03-10 23:41 | Report Abuse

Normally mother Price will mobe up on or before warrant listed and after listing, and then retreat back, Like usual..

Posted by AtomicHabits > 2021-03-10 23:46 | Report Abuse

Jjasonlim, sure it wouldn't be LU, i just point out that for the 1st listing day, the LU will, be 400% of reference price ( not 30c) eventhough wa price is below RM1.
30C /30% capped only in aplicable day 2 onward.

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