TECHBASE INDUSTRIES BERHAD

KLSE (MYR): TECHBASE (8966)

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Last Price

0.155

Today's Change

-0.005 (3.13%)

Day's Change

0.15 - 0.16

Trading Volume

356,600


19 people like this.

10,642 comment(s). Last comment by AlfI3 3 days ago

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:12 | Report Abuse

Cheated, daily trading volume is 80m plus yesterday. U think 3m huge ka

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:12 | Report Abuse

Today more likely is big shark changing hand day. One take profit and another one take over go further

thomaszum

285 posts

Posted by thomaszum > 2020-10-08 09:12 | Report Abuse

Wearing masks has become the new norm, especially for reusable fabric masks. The reusable fabric mask with anti-viral function is a very valuable point, which will increase the wearer’s sense of safety.

https://www.bbc.com/news/explainers-53640249

Will wearing a mask be like shoes, a necessary and replace at a certain time, becoming a necessity for regular purchases?

cheated

976 posts

Posted by cheated > 2020-10-08 09:13 | Report Abuse

Taufiq remind me of Razali Merican in Jaks. Take profit when some1 goreng got wrong?

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:15 | Report Abuse

You need understand, he selling start from June with 10% holding until now 1% left. He selling even when 0.60, he not manipulate the price

Posted by BullishAllTheTime > 2020-10-08 09:26 | Report Abuse

Again the same pattern happens....3rd timeround. Go down today, next day shoot up. Go into daily & even hourly trend for the past 1 mth, you can clearly see the same pattern. Hope the same this time round

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-10-08 09:27 | Report Abuse

BullishAllTheTime - profit taking is healthy for stock that is on uptrend, as the share change hand we get holders that will hold longer

goody99

1,803 posts

Posted by goody99 > 2020-10-08 09:31 | Report Abuse

looks like no show today. Good luck everyone!!!

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 09:32 | Report Abuse

Taufiq not chairman? If I/you buy from him can I/we be new chairman?

JohnFarmer458 BullishAllTheTime - profit taking is healthy for stock that is on uptrend, as the share change hand we get holders that will hold longer
08/10/2020 9:27 AM

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 09:33 | Report Abuse

If new holder buy over meaning Taufiq already resign as chairman?

rr88

6,532 posts

Posted by rr88 > 2020-10-08 09:34 | Report Abuse

A closer look to way back to 2017 causes a revised tp to 2.99.

It was stopped at 25 may 2017 peak at 1.65 this morning. A scale past this peak would take it all the way to 2.99.

25 may 2017 = 1.65
19 mar 2020 = 0.31
Tp = 1.65 + (1.65 - 0.31) = 2.99

It may consolidate 1.47 - 1.65 first as the chart is too steep now.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:34 | Report Abuse

Without profit taking, the stock very hard to maintain higher value. U check hlt record then u know, 2 week green and 4 day limit up including 1 trading halt. The coming is damn waterfall back to rm1

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 09:34 | Report Abuse

Taufiq still chairman gaji mau Prolexus tak mau good for us?

rocky_88

1,034 posts

Posted by rocky_88 > 2020-10-08 09:36 | Report Abuse

prlexus will limit up today again???strong buyer

rocky_88

1,034 posts

Posted by rocky_88 > 2020-10-08 09:37 | Report Abuse

i think prlexus will potong HLt today.. by next week can potong crplus.. then supermax perhaps?

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:39 | Report Abuse

Newbie, try learn the corporate law ya. Chairman doesn't compolsury to be a shareholder. Normally managing director run the business and chairman is someone powerful represent the company

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:42 | Report Abuse

Roxky_88, still far to overtake hlt haha maybe one day? U can't just determine the share price.
Hlt market cap rm965m
Prolexus only 293m
So 1.62 x 3 times just reach hlt market cap.

rr88

6,532 posts

Posted by rr88 > 2020-10-08 09:42 | Report Abuse

If you want bigger money, you collect warrants during these few days of consolidation. It will hit 2.00 when mother shares moves past 2.90. Collect n hold n ride the waves up in 6 to 8 weeks.

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-10-08 09:45 | Report Abuse

HLT PAT 7mil
Careplus PAT 20mil
PROLEXUS PAT 27mil

PROLEXUS PAT = HLT+CAREPLUS PAT

Prolexus price 1.57
Careplus price 3.36
HLT price 1.62

i strong believe Prolexus is will go higher than RM4 in long term. My personal TP is RM3.50

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 09:46 | Report Abuse

rr88, stop misleading people

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 09:46 | Report Abuse

You goreng? HLT chairman got sell?

rocky_88 i think prlexus will potong HLt today.. by next week can potong crplus.. then supermax perhaps?
08/10/2020 9:37 AM

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 09:50 | Report Abuse

Rr88, after warrant excess Rm1. Then the mother have better gain already with lesser risk.
When warrant reach rm1 maximum 30% 30sen
That moment mother share rm2 maximum 30% 60sen

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 09:59 | Report Abuse

If we buy can replace Taufiq as chairman I follow you.

Thks1956

430 posts

Posted by Thks1956 > 2020-10-08 09:59 | Report Abuse

Johnfarmer you are right, PRLEXUS will up again

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 10:00 | Report Abuse

Gaji 1 juta sudah dapat if become chairman?

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 10:03 | Report Abuse

rr88 is sifu? Why newbie talk you cannot answer?

Kopimilo

746 posts

Posted by Kopimilo > 2020-10-08 10:03 | Report Abuse

Slight expectation to gap up today, inversely began with gaping down, likely profit taking was halfway by yesterday closing bell. Even began with gaping down, there's strong support and momentum for trendup despite persistent brief profit taking, by standard, pretty normal. Should momentum regained and stronger, profitaker of yesterday may up the ante jump in again for new higher positioning. Cyclical, revolving pattern aesthetically will determine resiliency and how far counter would fair months ahead, in tandem with Covid-19 robustly impacts life anywhere, without any exception.

rr88

6,532 posts

Posted by rr88 > 2020-10-08 10:04 | Report Abuse

XxxxXzz. There are 2 ways to do this, i.e. to buy warrants.

Data input: It will consolidate 1.47 - 1.65 for about 4 to 5 days b4 staging a breakout above 1.65 or a breakdown below 1.47.

Method 1, a more riskier method but more rewarding. Spread yr purchases 2% each buy every half an hour over 4 trading days. The moment mother share moves past 1.65 you buy all balance to buy in one shot. The moment mother drops below 1.47, you throw all one shot cutting yr losses. Should it move past 1.65, dumb2 hold warrants until mother share moves past 2.80. This will take some 4 to 6 weeks.

Method 2. Wait patiently until mother moves past 1.65 n is trading at 1.67/1.68, you whack warrants in one shot n dumb2 hold for a few weeks.

Good luck.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 10:06 | Report Abuse

JUST DON"T BUY WARRANTS. Please. For your own sake.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 10:06 | Report Abuse

Just let's see after today profit taking, if drop few sen only mean its potential to go higher level. Seem look like so far haven't reach correction level since its still low price

rr88

6,532 posts

Posted by rr88 > 2020-10-08 10:17 | Report Abuse

Let SIFU here tell you NEWBIES a little something about STOCK MARKET.

For some MAGICAL REASONS, YET TO BE EXPLAINED BY SCIENCE, when something is being traded by so many people, its price moves in certain mould n pattern.

It did not stop at 1.65 this morning BY CHANCE. This was its 3+ YEAR OLD PEAK registered on 25 MAY 2017.

I AM BUYING WARRANTS IN STAGES.

Mashoh95

272 posts

Posted by Mashoh95 > 2020-10-08 10:20 | Report Abuse

Sifu, u dont have any class or private telegram group?

questra

202 posts

Posted by questra > 2020-10-08 10:24 | Report Abuse

collapse.

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 10:25 | Report Abuse

W not expire in 2021? Why no danger buy at premium(exercise price 1.2?)?

mayren

46 posts

Posted by mayren > 2020-10-08 10:27 | Report Abuse

@Morpheus61, i agree with rr88 this time. for those with bigger risk appetite, its more rewarding to buy warrant. Expiring June 2021, premium 27% now, gearing 2x

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 10:28 | Report Abuse

Premium 27% less than 1 year why good?

newbie5354_

1,279 posts

Posted by newbie5354_ > 2020-10-08 10:29 | Report Abuse

W buy bec mother can reach RM 2 soon?

Posted by Lukesharewalker > 2020-10-08 10:30 | Report Abuse

Correction
Here comes the plunge

mayren

46 posts

Posted by mayren > 2020-10-08 10:31 | Report Abuse

@5354, johnmaster is an experienced investor. read what he writes. PRLEXUS is a high growth stock now. if you CAN STOMACH THE RISK, AND WILLING TO PAY PREMIUM NOW, you will be rewarded well.
IF YOU CANNOT STOMACH THE RISK, you just buy mother lo.

dompeilee

11,888 posts

Posted by dompeilee > 2020-10-08 10:32 | Report Abuse

dompeilee I was very lucky to sell half my holding stuck since Dec '16 for 1.45 & 1.46 this morning. Wanted to sell all actually but got greedy & distracted by the fundamentals. After commissions I only earned few ringgit.

But at least I got back more of my precious capital!
05/10/2020 7:16 PM

SOLD the balance of my Prolexus @ 1.61

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 10:35 | Report Abuse

mayren, If and when the hedging activity disclosure of the Issuer is made mandatory, then it becomes a fair system. You cannot sell an instrument and not have to disclose your insider activity.

You speak about the profitability of warrants. I am talking about the very basis of the instrument. The fundamental logic is wrong.

An issuer becomes the promoter of the instrument; without the explicit permission of the company that is the underlying share. You want to hedge, DISCLOSE !!!

Posted by Allinsurewin > 2020-10-08 10:36 | Report Abuse

Can look at Caely now, easy to push up

rocky_88

1,034 posts

Posted by rocky_88 > 2020-10-08 10:36 | Report Abuse

good buying power

xuxu

5,763 posts

Posted by xuxu > 2020-10-08 10:38 | Report Abuse

up fast drop also fast hehe

xuxu

5,763 posts

Posted by xuxu > 2020-10-08 10:39 | Report Abuse

when operator dumping you will know their power

rocky_88

1,034 posts

Posted by rocky_88 > 2020-10-08 10:40 | Report Abuse

11 am start rally before lunch hour

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 10:41 | Report Abuse

Xuxu, at least its not merely goreng la like mmag. Limit down till no one buy. Drop 15% consider huge la otherwise still acceptable

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 10:46 | Report Abuse

10.43am volume trade 31.5m drop 7sen, its OK la
Yesterday volume trade 94m.
Changing hand to push higher

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 10:47 | Report Abuse

Yesterday malaysia announce halal vaccine coming next year then pharma up 5% haha celaka. Can our PM promote proxmask

rr88

6,532 posts

Posted by rr88 > 2020-10-08 11:04 | Report Abuse

No operator game. Its a clean demand n supply forces.

Technical is green light. Fundamental is also green light. Its a CLEAR BUY. Now its consolidating its massive gain from 0.90 to 1.60. Its a pitt stop or r&r on the way up.

Last qtr profit swung rm34 mil from rm8mil loss to rm26mil profit. Revenue up 75% qtr to qtr. Eps 13 cents. A business turnaround case. This what propelled the share price this high. But its not over. Bcause the annuaised eps even giving it some 30 - 50% discount would place the share price between 2.00 - 3.00 at 8 pe.

BUY & HOLD

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