TAS Offshore is never an oil & gas counter. It only builds and repair ships. No direct involvement like Perdana Petroleum (via Dayang) or Alam Maritim per se... Invest wisely..
GroggY....oyoyo memang lah bukan O&G tapi itu kapal2 yg nak buat kerja2 HUC, maintenance & lain2 kerja tengah laut tu kena guna kapal...bila nak maintain mesti lah hantar pd company mcm gini..lg pun AHTS/AHTS sekarang high demand..so pikir sendiri relationship between them..btw its good to study more on O&G work nature if you were to invest in this field...Invest wisely..
I talk with credentials as a 10++ years oil an gas veteran with experience in hiring and chartering vessels like AWBs, AHT/S, SSVs, landing crafts etc. There are not many downtime and most of the jobs are undertaken by Miri based repair yards like Shin Yang, Sribima, Ajang Shipyards. Maybe pasarborong you have better experience. Wisdom is knowledge plus experience. Googling and having some knowledge does not qualify as wisdom. I share these with the kakis out there whom may have lesser experience so you don't get caught by unscrupolous sharks...
I invested in THHE recently, Groggy, do you think its the better choice among the many others in the same category of OnG business, believe its repair yards, tops structures, etc
If u want to invest in something big..not just a vassal repairing company try to have a look at sapura kencana(skp) not only build or fabricate oil tanker..skp involve in oil n gas plant/exploration+etc+etc ...5☆company..
TAS Offshore (TOB MK) --------------------------dated 12//03//14 Technical BUY with +21.8% potential return Last price : RM1.24 Target Price : RM1.44, RM1.51 Support : RM1.16 Stop-loss: RM1.15 BUY with a target price of RM1.51 with a stop loss placed below RM1.15. TOB’s share price has dipped below the “cloud” temporarily since 28 Feb 14 but did not breach the “Span B” line as the share price has been consolidating within the “cloud” itself in the last 8 days. However, yesterday’s gain has placed the share price “gap up” above the “cloud” on the back of a higher trading volume of 2.0m shares (vs 20-day average of 1.0m), indicating a genuine breakout. Given the uptick in RSI as the line crosses the 50pt threshold level and a bullish crossover in DMI, we expect the breakout to signify a continuation of the previous uptrend. Moving forward, a retest of the recent high of RM1.32 is on the cards and if this materialises, could spur fresh buying interest and catapult TOB toward the 1.61x Fibonacci extension level of RM1.51 in the medium term.
Net profit for first half of FY14 (ie Jun - Nov '13) already RM15.8m RHB report dated 17 Mar 2014 .... forecast net profit FY14 RM23m & FY15 RM25.7m with target price RM1.57 (PER 12 - 25% discount to 4yr average of PER 16) If coming results in line, even if not better than, with H1 FY14, I think we can smile :)
Sep13 to Nov 13 price jumped from ~50sen to above RM1 So have been consolidating until now Latest look like a triangle? Let's hope break above RM1.32 this afternoon or the next few days
I first bought at 75sen and have been accumulating and patiently waiting for the last few months Has the time come for a breakout???????????? :))
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MrGala
217 posts
Posted by MrGala > 2014-02-11 20:30 | Report Abuse
price going to move soon?