InfinityTifanny

TSA Group Bhd, which is slated for a listing on the ACE-Market of Bursa Malaysia on Feb 2, has seen its initial public offering (IPO) oversubscribed by 8.62 times.
https://www.thestar.com.my/business/business-news/2024/01/19/tsa-groups-ipo-shares-oversubscribed

2024-01-22 12:37

PuaQW91

Able to maintain more than 20% of gross profit margin from FY2020 to FY2022. Not bad for a steel industry

2024-01-22 19:10

InfinityTifanny

Market sentiment is becoming better now. Probably it will gap up when it's listed next month

2024-01-23 11:17

Adam92Rosli

This company has a large customer base and offers the convenience of a one-stop solution for stainless steel and other metal products. Black horse of ipo this TSA

2024-01-23 17:33

ClaraChan94

I believe steel demand will rise exponentially in tandem with robust construction and infrastructure projects this year

2024-01-24 20:02

PuaQW91

KJTS makes an amazing debut today even though it's only oversubscribed by 31.28 times only. IPO share is back to the game in Bursa

2024-01-26 17:34

EatCoconutCanWin

Didn't get this IPO.

2024-01-26 19:27

ClaraChan94

Same here...Let's see got chance to enter cheap when it's listed on Feb 2

2024-01-26 20:19

RiskRover

Latest QR is out. Can consider good?

2024-01-29 17:08

InfinityTifanny

Not bad. It announced RM83.54 million in revenue and RM6.93 million in PBT. By the way, Its earnings and profit margin are expected to surge upon the commencement of the Seminyih manufacturing plant

2024-01-29 20:10

PuaQW91

Got any suggested target prices from institutional banks or funds?

2024-01-30 10:39

ClaraChan94

Based on an analyst report by RHB Investment Bank, they had introduced a FV of MYR0.590 for TSA, based on a 5.5x FY24F PE

2024-01-30 17:54

RiskRover

good good. Then look forward to see TSA opening high on this friday

2024-01-31 15:35

PuaQW91

@ClaraChan94. Appreciate for your sharing. May be will try to ride with the wave when it's listed

2024-01-31 17:14

cytew

This saturated old company I think it is possibly to settle below IPO price tomorrow, we just wait and see ...

2024-02-01 12:23

BE_GREEEEEDY

Warren Buffett - BE GREEEEEDY WHEN OTHERS ARE SHIVERINGGG....!
TSA >> TP ??.... 80 SEN - RM 1.00....

2024-02-01 14:23

BE_GREEEEEDY

fantastic TSA
huattt chaiiii CNY Dragon angpows $$$$

2024-02-02 09:03

icecool

good opening lets see how high will it go

2024-02-02 09:07

BE_GREEEEEDY

those pressed the panic button now in MAD

2024-02-02 09:07

InfinityTifanny

TSA does gap up when open just now. Let's see if it can close above 0.60 or not today 🤗

2024-02-02 09:24

BE_GREEEEEDY

fantastic TSA.....
80 sen closing

2024-02-02 12:22

BE_GREEEEEDY

ONLY MACHOs with balls applied this TSA IPO $$$$

2024-02-02 14:56

RiskRover

Good information about TSA from the Edge 👍 https://theedgemalaysia.com/node/699539

2024-02-02 16:26

shawnooi25

The NTA 27.95?

2024-02-05 12:13

RiskRover

wow, its assets value is heavy 😆

2024-02-06 10:57

Lee Ying Yee

why nta 28c issue 55c ???

2024-02-07 17:15

luckyman

https://klse.i3investor.com/web/stock/financial-quarter/5273
Sometimes, it's not explainable...
If everyone has to buy based on NTA and sensible PE ratio, Chin Hin would not have reached its all time high of RM4.80 during last year....on the other hand, there are many other counters trading way below their respective NTAs now...

2024-02-12 14:56

RiskRover

Its NOSH also very little only btw

2024-02-16 11:50

luckyman

https://theedgemalaysia.com/node/699539

TSA Group upbeat on industry outlook

“For example, the food industry needs to use stainless steel for their equipment to comply with the [food security] standards. The oil and gas [sector] needs low-carbon steel products, and the green energy sector, particularly solar systems, needs a lot of brackets to support their panels, and the brackets are also supplied by us,” said Chew.

He highlighted that customers prefer stainless steel over mild steel because of its durability and resistance to rust, further fuelling demand for TSA's products. The company's customer base primarily comprises fabricators specialising in transforming stainless steel into various end products.

Established in 1993, TSA supplies a wide range of metal products, including stainless steel plates, bars, coils and pipes. The group has a presence in Malaysia and Singapore, as well as other foreign markets, such as Thailand, Australia, Bangladesh, France, Indonesia, the Maldives, New Zealand, the Philippines, Sri Lanka and the UK.

2024-02-16 13:41

RiskRover

So all in TSA? 😁

2024-02-19 12:03

icecool

all in rm 1 coming

2024-02-19 17:48

icecool

limit up soon

2024-02-20 11:19

RiskRover

today reversal... wait for the next wave

2024-02-21 10:09

RiskRover

Ya. To prepare it to reach RM1

2024-02-23 20:22

ZaraSheng

tomolo rebound back

2024-02-29 21:00

RiskRover

TSA's Q4 is out ! Net profit continues to increase qoq !

2024-03-01 11:01

AhHuat168

Today nice breakout from bottom, probably got chance to go further

2024-03-18 16:11

ZaraSheng

still holding!

2024-03-21 16:30

InfinityTifanny

Affected by the Taiwan earthquake, steel demand will grow exponentially

2024-04-04 11:49

ZaraSheng

Fair value = ??

2024-05-07 16:36

InfinityTifanny

Rm1 😁

2024-05-09 17:22

thundery

Cons stock

2024-05-29 09:20

luckyman

https://theedgemalaysia.com/node/717461

TSA may stand to be benefitted by the data centre boom...

2024-07-01 20:28

Adam92Rosli

Steel wave is coming

2024-07-02 17:19

luckyman

https://cc-techgroup.com/data-center-corrosion/
https://www.ryerson.com/metal-resources/metal-market-intelligence/steel-drives-data-center-boom
TSA could have been under-appreciated as stainless steel is a major component for data centers which are going to be mushrooming soon in Malaysia.

2024-07-07 20:21

FrankieGoesToHollywd

Future looks good..

2024-07-30 10:49

mf

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2024-08-04 11:23

luckyman

https://www.youtube.com/watch?v=QsmSWnnDMvE&list=PLdgQGsi_TC8kaRYhU_uJVTK7xIP8OqMaX

2024-08-16 13:03

luckyman

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3475217
Largest shareholder increasing his stake to almost 40%.
Good news coming?

2024-08-22 17:20

PuaQW91

Carbon taxes are not good for the steel industry 🙁

2 weeks ago