0.500++ was the point where the price rocket up to almost limit up, should be around 0.620 to 0.650 then will rebound. If the price can back to original point, then this share is no use already and is not on up trend.
@henry888.......should go back original price.. it will teach DUMB investor not to chase high.. as long drop just below 60 cent....it will also weed out those weak cashless contra players.
But for sure if go back to original price, i wouldn't want to have a look of this stock. Even for contra players, also find hard to earn a small margin.
The one that will get benefited is Pharma, Apex and Dpharma. Just ask yourself, Tiong Nam's cold room and distribution channel is for FMCG such as frozen food. They dun have the facility to cater for Vaccine. Pharma, Apex and Dpharma got their own cold room and facilities to keep and distribute vaccine.
You think Tiong Nam's driver know how to handle vaccine? To distribute and keep vaccine must have technical know how. Normal logistics company don't have the expertise la.
So those who chased high better sell now.
Coming QR gonna report huge losses. Its hotel and property segment going to report huge losses.
Better sell now before QR. After QR announce will drop to below 0.40.
My fren bought at 0.82 and cut loss this morning after the announcement by Apex Healthcare that Apex is well equipped with cold room and distribution team to handle vaccine with proper manner.
Hotel occupancy rate is less than 10% and property totally no business.
I suspect the loss from this 2 segments going to report easily RM12Million losses. Last QR logistics and warehouse only report RM2MIllion Profit. If this QR logistics report RM5Million profit.
Tiong nam still report losses of RM7Million.
After QR boom, share price sure drop to below RM0.60 or even lower at RM0.50.
Listen to my advice wont go wrong, sometimes, we must admit our mistake. Cut loss then cut loss we can still earn back. If keep holding the shares and the shares keep dropping to RM0.60 and RM0.50 all your capital stuck. Just admit mistake and go la. Other counter better. The recent spike up is due to vaccine news, now the news totally cannot pakai as other player like Apex, Dpharma and Pharma got their own cold room and distribution team to handle the vaccine. Normal logistics player how to handle vaccine. I think government wont let normal logistics player to handle vaccine since Apex, dpharma got their own cold room and distribution team
Leave and go lor. Cut loss is a wise decision for this counter.
007007 Star newspaper report : "....Khairy informed the Dewan Rakyat that the government was in direct contacts with eight vaccine producers and two via the Covax plan," This means that there will be plenty of opportunities for vaccine distrbution and logistics. Plenty of business opportunities to share among DHSH, Tnlogis, Tasco, Dpharma, Pharma , etc. 20/11/2020 2:13 PM 0
dun feel sad for those who chased high. admit mistake now is better than after QR Boom. Now lose 10% or 15% is ok. If QR boom, lose might higher at 25% or 30%.
Share price gap up from 0.57 to 0.85.
So must fill the gap at 0.57. I think share price will drop to 0.57 anytime from now.
TNLogis has well founded and crucial fundamentals. The storage (+transport & distribution) has to be plan/execute carefully. TNLogis has texpertise/capabilities in administering+overseeing such techniques and furthermore EPF is the 3rd largest shareholder.
my opinion not buy call - Monday will gap up 23/11 - coz vaccine will be delivered to malaysia by this provider soon or later. 0.68 discount price for brilliant investor to get high return. Only this company can handle the cold storage and delivery for large amount of shipping and storage and haviing ISO standard. It down because of investor take profit only. Not to worry if u buy on 0.80 sen it have a higher amount of valuation supposedly rm1.00 now. Others said it will go down but they just want u to lose and they want to buy at low price. Just hold tightly believe it and be patient.
there must be a reason behind it. Those who chased high this morning all GG d....
Banker pushed the price all the way up is to unload their shareholdings before QR Boom.
If they wanna keep this shares... They should keep it low and accumulate the shares. Serve no reason for them to push the price up except to unload it to retailers.
The share price hike this morning well explained this. All the dumb dumb retailers came in to sapu at 0.80 and above.
Story going to repeat itself by the price movement.
I think will drop back to 0.68 soon.
Those chased high better sell now. QR Boom is really no joke.
Look at PIE, share price shoot up before QR and let all the retailers to sapu it at high price.
After QR boom then they come back again to accumulate the shares.
QR BOom easily losses RM7Million. Trade wisely for this stock. Those wanna take profit better take now and go.
Director bought warrant at 0.275 per share, conversion price is RM0.60
0.275 + 0.60= 0.875 which is much higher than the ordinary share price.
Just ask yourself, why director bought warrant at such high price with huge volume.
So, the story is privatization is coming.
Hooray......
The privatization price is definitely higher than RM0.875 so calculate yourself.
Harnlen is current a net cash company with more than RM160Million cash in hand.
NTA is RM1.23.
Buy now at 0.65 is consider buy at 50% discount....hahaha,...
Hope for the best to come. RM0.90 coming d.....privatization coming,,,,,?
Harn Len Corp Bhd go go go.
Sell Tiong Nam buy harnlen.
Harnlen's coming QR will be reporting super good profit. Furthermore, Harnlen's hotel just located 5 mins from the JB RTS site. So is very potential that Temasek Holdings Singapore will buy Harnlen's hotel. Then another round of disposal gain and special dividend.
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....
moven00
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Posted by moven00 > 2020-11-18 14:31 | Report Abuse
Epf for sure sell kaw-kaw. Today shark push up abit more but generally those who bought yesterday....not much room to run.