The good result will continue. This Q was from the sale of 1 landing craft. Bear in mind they just announced the order of the landing craft with higher value. It will be completed 2Q, i.e. next result will be good if not better.
The good thing is this company is so lean. Sell one landing craft can make profit. Imagine when orders flowing in? Also read the prospect in the result announcement. Seem like they will benefit from Indonesia's mining export ban. Surely pending announcement.
"mililia >>> The good result will continue. This Q was from the sale of 1 landing craft. Bear in mind they just announced the order of the landing craft with higher value. It will be completed 2Q, i.e. next result will be good if not better.
The good thing is this company is so lean. Sell one landing craft can make profit. Imagine when orders flowing in? Also read the prospect in the result announcement. Seem like they will benefit from Indonesia's mining export ban. Surely pending announcement.
mililia...i supposed the indonesia mining export ban is bauxite...hopefully that they will get more orders from their indonesia customer...and judge from the report the company is optimistic about the prospect...thanks for your information....
Stuck @ 0.74 since June 2016. Failed to cut. I like the Business Model.Also the clean management. Bought some 0.37 and 0.35. This baby will go ...up when more contracts come in. no worry.
ilovehits:- They sell their inventory to make profit. They are ship makers. Their asset which is also their inventory is ship. If they don't sell their "asset" then how can they sustain? They didn't sell their operational asset, they sell their product i.e. ships which are what they produced and recorded under inventory. Please don't be mistaken.
In fact, their NTA is way above RM0.80, which means this company is cheap! You liquidate the whole asset you will get RM0.80 especially bulk of it comes from inventory. And they are trading at RM0.35. Ridiculous valuation... but understandable at current macro economics.
Mass Psychology created all these prices, be it stocks, commodities, properties, n all other prices. When demands are high n supplies are low the price goes up n vice-versa. Due to irrational oil price n company loss money, because of unforseen circumstances, TAS's price also become irrational. Now is the time, oil is getting bullish n company earnings also getting bullish. Wz discount of 33% on its NCAV, upside is a matter of time, if the earnings growth keep on increasing by at least 20% per quarter. Good luck!
"geary >>> Mass Psychology created all these prices, be it stocks, commodities, properties, n all other prices. When demands are high n supplies are low the price goes up n vice-versa. Due to irrational oil price n company loss money, because of unforseen circumstances, TAS's price also become irrational. Now is the time, oil is getting bullish n company earnings also getting bullish. Wz discount of 33% on its NCAV, upside is a matter of time, if the earnings growth keep on increasing by at least 20% per quarter. Good luck! 27/04/2017 22:00
Blacksails >>> If only they can build naval class boats / ships then they are into the growth area of the industry now or else in the deep. 27/04/2017 22:11"
Those who invest commodities related companies or cyclical counters, should watch out for strong turnarounds, like its commodities price increase plus companies quarterly increase in its earnings. They should invest when stocks prices are consolidating n selling below its book value or better below its NCAV.
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....
WXT1088
4 posts
Posted by WXT1088 > 2016-10-09 23:21 | Report Abuse
No need ask Tas team, results will same next well will drop back below 0.3