TANCO HOLDINGS BHD

KLSE (MYR): TANCO (2429)

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Last Price

1.46

Today's Change

+0.02 (1.39%)

Day's Change

1.43 - 1.47

Trading Volume

19,051,200


5 people like this.

2,745 comment(s). Last comment by LaoHaidi 2 days ago

TomyamGong

4,156 posts

Posted by TomyamGong > 2023-01-07 17:08 | Report Abuse

Next week break 0.40

bojed

5,064 posts

Posted by bojed > 2023-01-10 16:24 | Report Abuse

Bought the warrants at 0.14 today hahaha go go goooooo!!!

bone

968 posts

Posted by bone > 2023-01-10 16:36 | Report Abuse

this time fly higher than last round

bojed

5,064 posts

Posted by bojed > 2023-01-11 10:11 | Report Abuse

Welcome to bskl... Satu hari naik, banyak hari turun hahaha

Awence

39 posts

Posted by Awence > 2023-01-11 18:18 | Report Abuse

Seems hard to break 0.4, selling pressure quite high

Awence

39 posts

Posted by Awence > 2023-01-11 18:25 | Report Abuse

Can anyone explain the latest announcements on biz credit status. Thanks.

bojed

5,064 posts

Posted by bojed > 2023-01-12 23:03 | Report Abuse

Two days of shakeout. Let's see how it goes tomorrow.

Posted by Zerokiller > 2023-01-13 17:01 | Report Abuse

Baby are you down, down, down, down down~~

Posted by Whiteevoque > 2023-01-15 12:32 | Report Abuse

Ok this coming week the start of cny rally. Chart looks good gaining momentum

Posted by Whiteevoque > 2023-01-15 12:32 | Report Abuse

Tqnco wc can test 17 soon?

bojed

5,064 posts

Posted by bojed > 2023-01-15 13:03 | Report Abuse

The lowest it went down to is 0.36 for two consecutive days, so we can take ema20 as its immediate support. I think selling pressure might continue for 2-3 days more before a rebound.

bojed

5,064 posts

Posted by bojed > 2023-01-16 12:04 | Report Abuse

It has touched 0.355.

Not looking good.

bojed

5,064 posts

Posted by bojed > 2023-01-16 15:29 | Report Abuse

Haha main main shakeout ye... Come on operator esok lusa tulat pump bagi terbang

bojed

5,064 posts

Posted by bojed > 2023-01-17 09:14 | Report Abuse

It landed on ema50 yesterday.

Pullback at ema50? Let's go!

Awence

39 posts

Posted by Awence > 2023-01-17 10:15 | Report Abuse

Still holding

Posted by CHUA YEOW > 2023-01-18 10:31 | Report Abuse

up 0.50

bojed

5,064 posts

Posted by bojed > 2023-01-19 10:37 | Report Abuse

COME ONNNNN

bojed

5,064 posts

Posted by bojed > 2023-01-19 17:10 | Report Abuse

Contraction is getting tighter. Waiting for a breakout.

bojed

5,064 posts

Posted by bojed > 2023-01-19 18:03 | Report Abuse

Mah Sing buys 8.2 acres of land in Puchong for RM86m from Tanco MD Andrew Tan’s firm

https://www.klsescreener.com/v2/news/view/1099327

Any angpow for tomorrow?

bojed

5,064 posts

Posted by bojed > 2023-01-20 20:47 | Report Abuse

Another HL.

This is good.

Stocker

1,489 posts

Posted by Stocker > 2023-01-30 11:40 | Report Abuse

lailiao~

bojed

5,064 posts

Posted by bojed > 2023-01-30 16:25 | Report Abuse

Tunggu apa lagi ni Tanco? My EATech sudah 210% in ~45 days adoiiii come onnnnn!!!!

bojed

5,064 posts

Posted by bojed > 2023-01-31 15:09 | Report Abuse

I might be wrong but from my understanding, Tanco's price has already formed the pennant breakout pattern.

Red1888

24 posts

Posted by Red1888 > 2023-02-01 18:39 | Report Abuse

Date of change Shares Director/
Substantial Shareholder
31 Jan 2023 Disposed
15,000,000 DATO' SRI ANDREW TAN JUN SUAN
31 Jan 2023 Disposed
30,000,000 DATO' SRI ANDREW TAN JUN SUAN
31 Jan 2023 Disposed
15,000,000 DATO' SRI ANDREW TAN JUN SUAN
31 Jan 2023 Disposed
30,000,000 DATO' SRI ANDREW TAN JUN SUAN
31 Jan 2023 Disposed
15,000,000 TJN CAPITAL SDN. BHD.
31 Jan 2023 Disposed
30,000,000 TJN CAPITAL SDN. BHD.
31 Jan 2023 Disposed
50,000,000 DATO' SRI ANDREW TAN JUN SUAN

bojed

5,064 posts

Posted by bojed > 2023-02-02 10:14 | Report Abuse

Naik! Tapi so slowwwww hahaha adoi

cedcan

403 posts

Posted by cedcan > 2023-02-02 11:18 | Report Abuse

Haiya, slow woiii

bone

968 posts

Posted by bone > 2023-02-02 11:25 | Report Abuse

unlimited supply of 0.39

bojed

5,064 posts

Posted by bojed > 2023-02-02 19:11 | Report Abuse

Harap-harap esok sambung terbang insha Allah.

bojed

5,064 posts

Posted by bojed > 2023-02-03 17:16 | Report Abuse

YEEEEEEEEHHAAAAAAAA!!!!!!

soon2795

127 posts

Posted by soon2795 > 2023-02-07 23:39 | Report Abuse

@bojed. Directors are selling. Shouldnt retailers sell too? Newbie here.

bojed

5,064 posts

Posted by bojed > 2023-02-09 12:18 | Report Abuse

Selling into strength is normal, that's how you earn money in the stock market. Directors also need/want money too.

What you should be wary of is when a director is forced to sell his shares which indicates the company is in trouble like what happened to Serbadinamik last time.

-----------------------------------------------------------
soon2795

@bojed. Directors are selling. Shouldnt retailers sell too? Newbie here.

1 day ago

bojed

5,064 posts

Posted by bojed > 2023-02-09 17:58 | Report Abuse

YEEEEEHAAAAA!!!!!

Simple Man

907 posts

Posted by Simple Man > 2023-02-13 11:10 | Report Abuse

SELL & RUN

bojed

5,064 posts

Posted by bojed > 2023-02-13 21:47 | Report Abuse

Tomorrow will be a very crucial day for Tanco.

If it doesn't breakout above 0.47 tomorrow, it will probably go and find its support line in the following weeks.

bone

968 posts

Posted by bone > 2023-02-16 12:01 | Report Abuse

@Bojed good analysis

soon2795

127 posts

Posted by soon2795 > 2023-02-16 17:19 | Report Abuse

Thanks @bojed for your insights

thundery

316 posts

Posted by thundery > 2023-02-22 07:05 | Report Abuse

run ~~~~

yiqqre

906 posts

Posted by yiqqre > 2023-02-22 16:18 | Report Abuse

https://www.nst.com.my/business/2023/02/882488/tanco-returns-black-net-profit-rm1187mil-q2
Tanco returns to the black with a net profit of RM11.87mil in Q2

By Asila Jalil - February 22, 2023 @ 3:06pm
For the six-month period, the company posted a net profit of RM10.5 million from a net loss of RM5.31 million.
For the six-month period, the company posted a net profit of RM10.5 million from a net loss of RM5.31 million.
KUALA LUMPUR: Tanco Holdings Bhd returned to the black with a net profit of RM11.87 million in the second quarter (Q2) ended December 31, 2022 (FY23) compared to a net loss of RM2.83 million on the back of higher revenue.

Revenue jumped more than 28 times to RM29.72 million from RM1.04 million in Q2 FY22 due to higher revenue generated from its property development and construction segment.

For the six-month period, the company posted a net profit of RM10.5 million from a net loss of RM5.31 million.

Revenue for the period stood at RM51.03 million versus RM1.71 million registered in the corresponding period the previous year.


MORE NEWS
UMW Holdings returns to the black, posts RM107.19mil in net profit for Q2
DRB-Hicom returns to the black in FY22, records RM187.71mil in net profit
DRB-HICOM back to black with RM170mil net profit in Q2
Malaysia Marine back in black with RM16mil net profit in Q3
Managing director Datuk Seri Andrew Tan Jun Suan said the company's defensive strategy had allowed it to emerge relatively unscathed from the pandemic despite the unprecedented challenges faced by the company.


"This has put the company in a good position to resume its property development and construction works swiftly and benefit from the resurgence of the economy.


"Going forward, we will leverage our unique positioning, project management capabilities and customer-centric approach to capitalise on the economy's resurgence.

"As we move forward in the post-Covid era, we believe it is the right time for us to expand and grow more aggressively," he said.

Tanco is in the midst of completing its property development project for the Block 2 Service suites in Splash Park, a development project in Dickson Bay that has a gross development value of RM147 million.

To date, about 70 per cent of the development has been sold.

Aside from that, Tanco also owned tracts of landbank for development, which will allow the company to expand aggressively.

As the landbanks are without any borrowings, this will be a boost to Tanco's profit margin from its upcoming property development project as the company does not need to service bank loans for all its development land, Tanco noted.

kentrade888

1,572 posts

Posted by kentrade888 > 2023-02-22 16:45 | Report Abuse

Prepare for limit up tomorrow.

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2023-02-22 17:12 | Report Abuse

Sell call tanco 44 cents(if 46 cents can be broke)
Tp 30 cents range.
22/2/23 5.13pm

Posted by BursaFollower > 2023-03-02 10:45 | Report Abuse

wow nice

adikkici

886 posts

Posted by adikkici > 2023-03-02 12:00 | Report Abuse

0.70 TP

cbkia4896

936 posts

Posted by cbkia4896 > 2023-03-02 14:42 | Report Abuse

lai laaaa 50-60cents soon?

Posted by BursaFollower > 2023-03-07 10:16 | Report Abuse

wow accummulation at 0.485

Akifuyu

154 posts

Posted by Akifuyu > 2023-03-10 09:16 | Report Abuse

Where 0.485 support gone?

bone

968 posts

Posted by bone > 2023-03-14 15:15 | Report Abuse

below 40 soon

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2023-03-28 11:52 | Report Abuse

Sell call tanco 45-45.5 cents
Tp below 35 cents
28/3/23 11.54am

Red1888

24 posts

Posted by Red1888 > 2023-03-30 23:35 | Report Abuse

The Board of Directors of Tanco (“the Board”) wishes to announce that Tanco Builders Sdn. Bhd. (Registration No: 199701030685 [446184-X]) (“TBSB”), a wholly-owned subsidiary of Tanco Development Sdn. Bhd., which in turn is a wholly-owned subsidiary of Tanco, had on 30 March 2023, accepted the Letter of Award dated 29 March 2023 (“LOA”) from China Communications Construction (ECRL) Sdn. Bhd. (Registration No: 201701022218 [1236384-H]) (“CCCESB”) to undertake the construction and completion of subgrade works from C2CH34+499.980 to C2CH40+256.140, Section 9 (“the Works”) per the Engineering, Procurement, Construction and Commissioning of the East Coast Rail Link Project (“ECRL Project”).





Please refer to the attachment for further details of the LOA.




This announcement is dated 30 March 2023.

Red1888

24 posts

Posted by Red1888 > 2023-04-05 16:49 | Report Abuse

Boooomm!!

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2023-04-05 18:20 | Report Abuse

Duh,it break 46 cents.tht y i buy.the simple trick.manage to buy monday 46.5.
Expect few more days upward or one upward over 10 percent again i sell.
5/4/23 6.20pm

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