Posted by nikicheong > 2017-11-22 21:23 | Report Abuse

@DualShock, I have already spoken about the reason for the slow model update. Look at my posts from before.

At these prices and valuation...close eye and buy lah. Sure double, possibly 4x, maybe even 6x upwards in a 5 year period. Tan Chong isn't going anywhere.

Posted by nikicheong > 2017-11-28 20:46 | Report Abuse

Not BV per say, but the trough situation. We are at the bottom of the cycle. Improving Ringgit, improving GDP in Malaysia and Indochina, new models in the pipeline...from bottom to top, companies easily move 4-6x. Now the question is, are we at (or near) the bottom? That is the key.

Btw I like the Q3 report. Regardless there will be a selldown tomorrow and I will be there to pick up the pieces. Some of them at least.

Posted by Yu_and_Mee > 2017-11-28 21:21 | Report Abuse

why buy in downtrend counter?

Posted by Jon Choivo > 2017-11-28 21:25 | Report Abuse

For the last few years, the car sector is not in the trough, but actually increasing, only recently start to taper.

Even when the sector is booming, tanchong can still die. This is not related to the industry but the company.

Just cause you lost money in this counter, does not mean you need to make it back here.

This company is being choked alive, due to mismanagement clearly.


Posted by nikicheong > Nov 28, 2017 08:46 PM | Report Abuse

Not BV per say, but the trough situation. We are at the bottom of the cycle. Improving Ringgit, improving GDP in Malaysia and Indochina, new models in the pipeline...from bottom to top, companies easily move 4-6x. Now the question is, are we at (or near) the bottom? That is the key.

Btw I like the Q3 report. Regardless there will be a selldown tomorrow and I will be there to pick up the pieces. Some of them at least.

Posted by Yu_and_Mee > 2017-11-28 22:03 | Report Abuse

Cut loss and use the money to invest in other profitable counter, may give better return instead of holding an uncertain profit company.
Below companies either loss making company or price falling serious company may be useful as reference.

Aeon, Century, Carepls, Cscsteel, Dayang, Dnex, Ekovest, Esceram, Ffhb, Flbhd, Gamuda, Gadang, Harbour, Hohup, Huayang, IQgroup, Iwcity, Karex, KSL, Latitud, Microln, Mitra, Muda, Opcom, Parkson, Pesona, Sapnrg, Scable, Sendai, Sign, Superln, Tnlogis, TRC, Tchong, Titijya, Uzma, YTL and lain-lain lagi

Though one day they may rebound and go high and higher but why invest in uncertain instead of follow the trend to get profitable counters? If they are good, once confirmed profitable in QR, only come back still not too late.
Just 2 cents.

Posted by nikicheong > 2017-11-28 22:58 | Report Abuse

Thanks for your kind concerns dear folks. I am more than capable of thinking for myself. My investment style has served me very well indeed. Tan Chong Motors will be a winner. When? I don't know. But till that happens, I can rest easy knowing I am buying into a company that will surely rebound in the mid to long term.

Look at MHB.

The stock market is forward looking. Tan Chong is selling at depressed valuations. Any minor news (new car launch for example) will serve as a catalyst to bridge the valuation gap.

We shall judge the rationality of my decision in the 12-24 month period.

Posted by Yu_and_Mee > 2017-11-30 15:47 | Report Abuse

Add new members: Simeprop, Success

Aeon, Century, Carepls, Cscsteel, Dayang, Dnex, Ekovest, Esceram, Ffhb, Flbhd, Gamuda, Gadang, Harbour, Hohup, Huayang, IQgroup, Iwcity, Karex, KSL, Latitud, Microln, Mitra, Muda, Opcom, Parkson, Pesona, Sapnrg, Scable, Sendai, Sign, Simeprop, Success, Superln, Tnlogis, TRC, Tchong, Titijya, Uzma, YTL and lain-lain lagi

Posted by Yu_and_Mee > 2017-11-30 15:48 | Report Abuse

And Simeplt

Posted by Yu_and_Mee > 2017-12-17 09:57 | Report Abuse

sunset counter unless "someone" come to secure. basically it is end

Posted by godhand > 2017-12-17 12:30 | Report Abuse

The big boss plan to end the car business and venture into other business

Posted by nikicheong > 2017-12-26 19:42 | Report Abuse

Entered once more today @1.38. Avg price now at 1.60. Tan Chong Motors is well-positioned to benefit from the strengthening Ringgit, rebound in consumer sentiment (which always eventually mirrors GDP growth rate) and launch of new models in the new year (namely Serena Hybrid 2018 and Xtrail 2018, plus one or two other launches). Possible upside from quick growth in Indochina as well, namely Vietnam and Myanmar.

Tan Chong trades at very undemanding valuations. True, it could be a value trap, but this is also precisely the type of company that becomes a multi-bagger over the long term (5-10 years) due to the depressed valuations.

Posted by Rusli Widad > 2018-01-11 07:15 | Report Abuse

Tan Chong Motor Holdings Bhd has secured the rights to be the exclusive distributor, assembler and after-sales service provider of King Long products in Vietnam.

Its wholly-owned subsidiary TC Motor Vietnam Co Ltd (TCMV) entered into the exclusive distributorship agreement with Xiamen King Long United Automotive Industry Co Ltd.

The partnership with the Chinese company which specialises in the design, production and sale of various buses and coaches, will help facilitate Tan Chong’s penetration into the different bus and coach segments.

Posted by goody99 > 2018-01-15 11:09 | Report Abuse

Not bad, earnings this year should improve over last year. Still a baby bull

Posted by Lau Choong Ling > 2018-01-20 17:38 | Report Abuse

Many buy under nominee, any idea why ??

Posted by tuapuikia > 2018-03-12 13:37 | Report Abuse

when this counter will move?

Posted by tuapuikia > 2018-03-12 13:38 | Report Abuse

Plan to buy

Posted by Alex GunaSeelan > 2018-05-03 14:26 | Report Abuse

beli buy beli buy

Posted by nikicheong > 2018-05-18 19:53 | Report Abuse

Back to black, baby!

Posted by leetm > 2018-05-22 19:01 | Report Abuse

https://klse.i3investor.com/m/priceTarget/44757.jsp

Posted by Lee Yih Yeong > 2018-05-24 15:02 | Report Abuse

auto part tariff...run

Posted by LimKL1 > 2018-05-24 15:35 | Report Abuse

wa herm so hard to decide

Posted by LimKL1 > 2018-05-24 15:36 | Report Abuse

beli buy beli buy

Posted by Stevecheahsw > 2018-06-19 00:20 | Report Abuse

GST become 0% really help automotive industrial a lot!!!

Posted by Stevecheahsw > 2018-06-19 00:22 | Report Abuse

Latest model Nissan Serena stocks 8xx units whole malaysia clear all in 2 week time (16-31/5/2018)

Posted by Stevecheahsw > 2018-06-19 00:22 | Report Abuse

Even X-Trail also clear stocks in 2 week time

Posted by Stevecheahsw > 2018-06-19 00:24 | Report Abuse

Nissan Serena have 2xxx people waiting cars, 1-6-18 to 31-8-18 is a best time to buy cars! (No GST,No SST)

Posted by apolloang > 2018-06-19 00:26 | Report Abuse

people no money to buy stocks,no money for gst,no money to eat rice,got money to buy car?

Posted by Stevecheahsw > 2018-06-19 00:38 | Report Abuse

apolloang, better go to showroom to do a survey Lol

Posted by apolloang > 2018-06-19 00:41 | Report Abuse

I know just dunno why all say no money this no money that but curi curi buy new car

Posted by Kawelegen > 2018-06-24 11:19 | Report Abuse

Anyway after September car price must be cheaper than during the BN in power if not sure PH kena gelak

Posted by KLCI King > 2018-08-15 16:16 | Report Abuse

Extremely low profit margin

Posted by tuapuikia > 2018-08-23 14:19 | Report Abuse

TP RM4

Posted by jordanmaggie61 > 2018-08-23 15:01 | Report Abuse

Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe

Posted by tuapuikia > 2018-08-24 15:58 | Report Abuse

TP RM4

Posted by BULL1000BEAR1000 > 2018-10-09 21:13 | Report Abuse

The Geely Boyue is currently priced around RM68,500 (110,000 yuan) in China, while competitors such as the Honda CR-V and Mazda CX-5 are sold at over RM100,000

Google Search Result

Posted by BULL1000BEAR1000 > 2018-10-09 21:13 | Report Abuse

https://jalopnik.com/the-ten-most-expensive-places-to-buy-a-car-1256855393

Posted by BULL1000BEAR1000 > 2018-10-09 21:14 | Report Abuse

https://www.startrescue.co.uk/news/motoring-news-2/10-most-expensive-countries-to-buy-and-run-a-car

Posted by BULL1000BEAR1000 > 2018-10-19 20:32 | Report Abuse

https://paultan.org/2016/02/19/why-are-proton-cars-so-cheap-in-the-export-markets/

Posted by James Ng > 2018-11-08 12:31 | Report Abuse

https://klse.i3investor.com/blogs/general/181583.jsp
[转贴] [TAN CHONG MOTOR HOLDINGS BHD：推出全新本地组装车型，例如全新日产Serena S-Hybrid及日产Urvan NV350，以提升其在国内市场的竞争力] - James的股票投资James Share Investing

Posted by nikicheong > 2018-11-27 20:31 | Report Abuse

Finally some sustainable turnaround. Sadly I already sold out some time back. May recover to ~RM1.80 - RM2.00 levels.

Posted by Good123 > 2019-01-27 14:28 | Report Abuse

:)

ABOUT TAN CHONG MOTOR HOLDINGS

Award-winning Malaysian conglomerate and automotive group, Tan Chong Motor Holdings Sdn. Bhd. (TCMH), has reached world-class status following its 50-year evolution from a start-up in the early 1970s. Although the head office is still firmly rooted on home territory in Kuala Lumpur, the company now has more than 13,000 employees across 23 global brands in 15 countries around the world, with annual revenues exceeding $4B.

Posted by Choongling > 2019-02-25 19:05 | Report Abuse

Any news today??? Went up a bit

Posted by tuapuikia > 2019-02-26 10:55 | Report Abuse

wow

Posted by tuapuikia > 2019-02-26 10:56 | Report Abuse

what is the news?

Posted by Choongling > 2019-02-26 17:11 | Report Abuse

Return to profit after 2 years

Posted by Choongling > 2019-02-26 17:12 | Report Abuse

2 sen dividend

Posted by tuapuikia > 2019-02-27 04:21 | Report Abuse

hmm... 2 cents ? 20 cents ok lar

Posted by Choongling > 2019-03-06 00:11 | Report Abuse

Tan Chong is doing revaluation of assets.

Posted by bfmklm > 2019-03-06 22:54 | Report Abuse

@Choongling, any link/info to share on revaluation ?

Posted by Choongling > 2019-03-08 18:31 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6073521