At this down trend stage .....,If most shareholders able to neutralise n handle the " Fear " , everything should be okay !! Sell-down storm will be over soon ! But how many can neutralise the "Fear " .....!! [ If you are able to think what the Master-mind is thinking ...,then you are able to ride the journey well...]
Also waiting.......,n Buying Below 1.9 is a comfortable price...!! But worry the purchases always block by the master collector n his accomplice !!Suspect the collectors are super rich financially !!
Yep...,totally agreed with Leann71's analysis n mind-reading !! In order to collect all the floating share in the existing market...,has to fork out the incentives n get his Rainbow celebration !! [ TG is well established in the market ,with X billions annual turnover ......No joke ]
Ooop.......2.05-----2.19, opportunity to collect more !! ( it is totally a fake trading .......) !! pushing down the price n panic some people to sell!
Why we expected better result for Tecguan on coming quarter? 1. USD has strengthen 5 % from November 2016, RM 4.2 to RM 4.45. According to Tecguan foreign exchange risk analysis, for every 5% strengthening of USD will contribute additional 5.36 mils to its profit. Wow!! Please take note that 93% of sales of Tecguan are denominated in foreign exchange and 71% of costs are denominated in RM. As such, we foresee Tecguan will benefits from weakening of Ringgit during this QR.
2. Average price of CPO has increased from RM2800 to RM 3100 (Peak on January), increase of 10% in price again is another exciting factor that leads the surging of price for past two days.
3. Management team didn't disclosed much information of their company operation is drawback for Tecguan. However, based on almost all of the their plantation areas are located at Tawau, Sabah which make us have chance to use Cepatwawasan's Quarter Report as the guideline to evaluate Tecguan. As you can observe for past three years, their profit line charts are in tandem. Which further make me strongly convinced that Tecguan will delivers stronger result for coming quarter reports. (Cepatwawasan lastest QR was from Oct to Dec 2016, CPO and USD were not at Peak. As such, Tecguan quarter result which is covered from Nov to Jan 2017 will has better profit than Cepatwawasan) (No idea on how to upload my chart analysis here, someone please enlighten me).
4. All Tecguan export is to Tecguan (China) which is believe is the major turnaround factor for Tecguan. Their have pare down the sales to Golden Calf Ltd for past two years and had stop the sales to Golden Calf Ltd during year of 2016. Tecguan has shifted the full focus to China market which I believe China market has better profit margin which leads to Tecguan consistently make profit for recent quarters.
Not here to promote Tecguan and will not put any TP, but is just to share my opinion on undervalued Tecguan which many people will overlook. It is just valued at PE of 8 with their average 13 to 14 years old palm oil tree, which means Tecguan still have at least another 3 years of Prime Peak Yields to harvest!!
Lordng94 latest post is reflecting current situation. Anticipate for better quarter result. It means Tecguan business has start to stabilise and more predictable.
Just contacted 小强...!! His past observation n prediction ------> Tmr price slide down..,n master-Mind do bottom collection . And also prevents others collecting @ bottom price..,!! 小强 is hyper tension n will not give up the surf ride !! His life time mistake was given up the gold mine ,HLCB in 2013 ! ! Will this happen again.....no body knows !Only the Master-mind has the vision....
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....
Leann71
21 posts
Posted by Leann71 > 2016-12-29 11:09 | Report Abuse
No Eye C !!!!. Drop again ..。 Will buy more when hit below RM 2.