TAS OFFSHORE BERHAD

KLSE (MYR): TAS (5149)

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Last Price

0.655

Today's Change

-0.01 (1.50%)

Day's Change

0.65 - 0.66

Trading Volume

28,000


9 people like this.

3,315 comment(s). Last comment by kambingbursa 3 days ago

Flannel

175 posts

Posted by Flannel > 2013-10-08 15:42 | Report Abuse

lol scott

Flannel

175 posts

Posted by Flannel > 2013-10-08 15:48 | Report Abuse

already trade at 52-week high now. could buy if it stays above 0.865, stop loss at 0.835. target 1.00, if can break 0.95. if cant hold above 0.865 could see the stock trade lower and downside risk will increase if 0.80 level pecah liao.

androsjy

249 posts

Posted by androsjy > 2013-10-08 15:49 | Report Abuse

This info is from one of the IB....lol

Flannel

175 posts

Posted by Flannel > 2013-10-08 15:51 | Report Abuse

lol yea, if target price 1.00, above 0.95 should lali liao de

TESSA

7,919 posts

Posted by TESSA > 2013-10-08 15:52 | Report Abuse

no TP 1.50 LOLLL

Flannel

175 posts

Posted by Flannel > 2013-10-08 15:53 | Report Abuse

siao liao,lol!!

Flannel

175 posts

Posted by Flannel > 2013-10-08 15:54 | Report Abuse

dun feel so high or super greedy, ban2 profit enuff de;P

androsjy

249 posts

Posted by androsjy > 2013-10-08 15:58 | Report Abuse

TP 1.18, slow slow ok

swee88

417 posts

Posted by swee88 > 2013-10-08 16:01 | Report Abuse

Selling pressure from 3rd Oct contra players. hopefully after 4pm someone can push it up again

steviebull

294 posts

Posted by steviebull > 2013-10-08 16:27 | Report Abuse

sustain !!!!!!!!!!!!!!!

steviebull

294 posts

Posted by steviebull > 2013-10-08 16:30 | Report Abuse

tomorrow will be their AGM.. hopefully there are more good news

TESSA

7,919 posts

Posted by TESSA > 2013-10-08 16:31 | Report Abuse

dividend?

swee88

417 posts

Posted by swee88 > 2013-10-08 16:36 | Report Abuse

if dividend, then sure penetrate RM 1.

androsjy

249 posts

Posted by androsjy > 2013-10-08 16:54 | Report Abuse

Closed at 0.90

swee88

417 posts

Posted by swee88 > 2013-10-08 16:59 | Report Abuse

T-4 for 3rd oct contra players tomorrow, hopefully buying pressure can exceed selling pressure.

TESSA

7,919 posts

Posted by TESSA > 2013-10-08 17:01 | Report Abuse

i totally agree with you :)

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-08 17:02 | Report Abuse

Nice closing although i expected it to close higher, the heavy selling pressure indicated by long upper tail could be due to the huge vol owned by contra players forced to profit take today.

androsjy

249 posts

Posted by androsjy > 2013-10-08 17:05 | Report Abuse

Agree with CityTrader

Hot.T

1,930 posts

Posted by Hot.T > 2013-10-08 17:09 | Report Abuse

closed at MBB's T1 of .90..possible to hit T2 of 1.10 tomoro? provided juicy stuff from d AGM..

minitrader

2,273 posts

Posted by minitrader > 2013-10-08 17:19 | Report Abuse

in overbought territory for quite a while now...just be careful...

sasopi87

641 posts

Posted by sasopi87 > 2013-10-08 19:50 | Report Abuse

nice shoot up...............

swee88

417 posts

Posted by swee88 > 2013-10-08 22:05 | Report Abuse

Share buyback at 20,000 units. http://klse.i3investor.com/servlets/anpth/943061.jsp

Posted by pvd_investor > 2013-10-09 00:08 | Report Abuse

What does that signify?

trustme932

4,864 posts

Posted by trustme932 > 2013-10-09 08:43 | Report Abuse

With the good closing yesterday,abv 0.89 res,i expect the trading range for today 0.88-0.96.Think we wud c an uptrend channel,a small one,in progress.Wud it hit 1.02 n 1.08 after breaking the res line,remains to be seen.

swee88

417 posts

Posted by swee88 > 2013-10-09 09:14 | Report Abuse

Expected selling pressure and profit taking today... let them sell first, later only boost it up. This share fundamentally strong, should not drop much today.

swee88

417 posts

Posted by swee88 > 2013-10-09 09:17 | Report Abuse

Wait until after AGM ended by noon today then the picture will be clearer...

neim23

16 posts

Posted by neim23 > 2013-10-09 09:25 | Report Abuse

i don't see why we sell uptrending stocks.

trustme932

4,864 posts

Posted by trustme932 > 2013-10-09 09:31 | Report Abuse

0.88 will hold for today...expect to c improvement b4 market closes for 1st session.

swee88

417 posts

Posted by swee88 > 2013-10-09 09:33 | Report Abuse

neim23, today got t-4 contra players to clear off, so, the drop is expected.

iafx

4,632 posts

Posted by iafx > 2013-10-09 09:34 | Report Abuse

human nature, to sell is such a difficult task to carry out :)

Hot.T

1,930 posts

Posted by Hot.T > 2013-10-09 10:56 | Report Abuse

advisable to load more atcurrent price?

swee88

417 posts

Posted by swee88 > 2013-10-09 11:08 | Report Abuse

For today, technical indicators showed strong resistance at RM 0.960. If can break this, then the share will head towards RM 1, the next resistance level.

Hot.T

1,930 posts

Posted by Hot.T > 2013-10-09 11:20 | Report Abuse

Something from Maybank-IB this morning :
support - .76 and .90
resistence - .93 (all time high)
TP - 1.20 and 1.60
Decent PB of 1.07X
Pretty high pre-tax profit 15.2%
Dividend yield 2.2%

androsjy

249 posts

Posted by androsjy > 2013-10-09 11:27 | Report Abuse

When AGM start & end seesion ? Any1 here join ?

swee88

417 posts

Posted by swee88 > 2013-10-09 13:34 | Report Abuse

Nothing special come out from the meeting. http://klse.i3investor.com/servlets/anpth/943354.jsp

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-09 14:05 | Report Abuse

swee88, u attended the agm?

Posted by CashMoney > 2013-10-09 14:18 | Report Abuse

Will this noon be like yest noon? Create another high :)

trustme932

4,864 posts

Posted by trustme932 > 2013-10-09 14:46 | Report Abuse

on the short term chart,0.88-0.90 is the base till now from this morning...shud c it abv 0.93 later for minimum upside target at 0.96.A close abv 0.93 wud call for a test at 1.02,next near term upside target.

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-09 14:48 | Report Abuse

TQ trustme932 for updating TA..

excelyou

1,255 posts

Posted by excelyou > 2013-10-09 14:50 | Report Abuse

Expanding customer base. Prior to this, all of TAS’ oil and gas (O&G)-related orders were from Singapore and the United Arab Emirates (UAE), whilst orders for its vessels came from Indonesian mining and timber players. Hence, we are fairly optimistic on this newly-clinched contract as it marks the company’s entry into the Indonesian O&G market. This further allows TAS to diversify its clientele base and mitigate customer concentration risk.

BUY, FV raised to MYR1.18. With the larger orderbook, we are revising our FY14F upward by 2.0% while raising our FV to MYR1.18 from MYR1.15, pegged to a P/E of 9x, which is a 55% discount to its four-year average P/E of 16.5x. We continue to like TAS for its: i) strong orderbook, ii) positive growth prospects in the O&G sector, (iii) ability to capitalise on the low-tax system in Labuan, and (iv) solid balance sheet. TAS is trading at a FY14 P/E of 6.4x.

Ken Loo

218 posts

Posted by Ken Loo > 2013-10-09 14:53 | Report Abuse

where u get 0.96 ?

androsjy

249 posts

Posted by androsjy > 2013-10-09 14:53 | Report Abuse

YEAH, NICE WORKS...

swee88

417 posts

Posted by swee88 > 2013-10-09 14:58 | Report Abuse

CityTrader, nop, I dint.
Ken Loo, u can get this 0.96 value from technical charts.

minitrader

2,273 posts

Posted by minitrader > 2013-10-09 15:01 | Report Abuse

Hi Ken Loo, still working at Prima????

Hot.T

1,930 posts

Posted by Hot.T > 2013-10-09 15:07 | Report Abuse

AGM at Sibu...how to go lah?!ait..what happened to d price?nothing special from d AGM to help push d price? :(

swee88

417 posts

Posted by swee88 > 2013-10-09 15:10 | Report Abuse

We have to wait until 4pm most likely, wait until t4 contra players all cleared, then there is hope.

minitrader

2,273 posts

Posted by minitrader > 2013-10-09 15:14 | Report Abuse

not worried about TAS. good fundamental stock with many followers...sure can move up when the dust settle

trustme932

4,864 posts

Posted by trustme932 > 2013-10-09 15:33 | Report Abuse

They wud have done so yesterday if they want to take profit..not today.

androsjy

249 posts

Posted by androsjy > 2013-10-09 15:37 | Report Abuse

Tomorrow should have another batch of volumes...

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