Stevenyky

Stevenyky | Joined since 2020-03-18

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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

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2020-10-17 11:20 | Report Abuse

Southern Cable services various industry sectors, such as power distribution and transmission, telecommunications, building and construction, infrastructure, manufacturing and processing industries, including oil and gas (O

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2020-07-30 10:10 | Report Abuse

Tek SENG May cross RM1 then why not OCNCASH.

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2020-07-28 22:35 | Report Abuse

Axiata partners Telefónica to provide digital services for businesses

theedgemarkets.com

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2020-07-22 13:21 | Report Abuse

Confirmed move to main board? Thank you

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2020-07-03 14:02 | Report Abuse

Yeah, let’s reap rewards

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2020-07-03 09:43 | Report Abuse

Target price at 0.19

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2020-07-02 22:33 | Report Abuse

PETALING JAYA: – Destini Bhd has been awarded a contract worth RM17.4 million from Wira Syukur (M) Sdn Bhd to provide mechanical and electrical systems for the commercial development of GrenePark Village in Semenyih