TECHBASE INDUSTRIES BERHAD

KLSE (MYR): TECHBASE (8966)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.155

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


19 people like this.

10,642 comment(s). Last comment by AlfI3 4 days ago

obc5333

64 posts

Posted by obc5333 > 2014-11-09 22:29 | Report Abuse

tomorrow power 1.95 up upp

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-11-10 00:03 | Report Abuse

This stock will continue heading to north until it announce the quarterly result by end dec. high chance to touch rm 2.5 before bonus issue n result announcement.

SilentBird

202 posts

Posted by SilentBird > 2014-11-10 03:47 | Report Abuse

So optimistic ?

CCCL

621 posts

Posted by CCCL > 2014-11-10 19:53 | Report Abuse

all good news !!!! ( div 3.5cts + bonus + expecting good Q1).

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-11-11 00:45 | Report Abuse

Stay tune to enjoy bull run before quarterly result out on dec end

ahlek888

163 posts

Posted by ahlek888 > 2014-11-11 23:21 | Report Abuse

Bull run? Started to break down Liao le

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-11-12 01:06 | Report Abuse

Don't judge strong fundamental stock by a day or wk trading. Let analyze d stock financial performance ... N u will discover d true value on d stock.

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-13 13:43 | Report Abuse

hold?

Vic Lee

137 posts

Posted by Vic Lee > 2014-11-13 15:30 | Report Abuse

this is super strong performance stock..trust the management...it expand into hongkong.....this december financial results going to truly show the king of growth stock :)

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-17 21:34 | Report Abuse

dividend lai liao

iwtbsi

58 posts

Posted by iwtbsi > 2014-11-17 22:10 | Report Abuse

dividend 3.5 cents, quite a decent one

yeohzy

18 posts

Posted by yeohzy > 2014-11-18 09:25 | Report Abuse

today target closing 1.78-.1.80, believe it or not, trade at own risk

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-18 17:14 | Report Abuse

close at 1.77 not bad !

KWTAN

109 posts

Posted by KWTAN > 2014-11-18 19:43 | Report Abuse

when will the bonus and divi coming in? early next year?

CCCL

621 posts

Posted by CCCL > 2014-11-18 20:01 | Report Abuse

Cold eye's no.16 largest shareholders as at 31st Oct 2014. Me ha..ha.. no. <50 :)

miketyu

464 posts

Posted by miketyu > 2014-11-18 21:56 | Report Abuse

yes. i saw that too. maybe he saw big potential

rizerlee

752 posts

Posted by rizerlee > 2014-11-18 23:37 | Report Abuse

Prolexus bonus share waiting for approval or ...?

CCCL

621 posts

Posted by CCCL > 2014-11-19 08:02 | Report Abuse

EGM on 10 Dec for the go ahead. Date of entitlement to be decided later. Guess Bonus ex-date around end Dec . AGM also on 10th Dec to approve the dividen payment of 3.5cts ,ex-date 12th Dec. Maybe ....qtr report around the corner ....expecting good result !!!

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-19 08:23 | Report Abuse

how to see cold eye's as shareholder of prlexus?

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-19 11:39 | Report Abuse

thanks CCCL

miketyu

464 posts

Posted by miketyu > 2014-11-19 12:31 | Report Abuse

Cold eye effect. up 6 sen. lol

yeohzy

18 posts

Posted by yeohzy > 2014-11-19 12:52 | Report Abuse

Strong Company, Undervalued Counter, no People Goreng, Good to Invest

prudence

50 posts

Posted by prudence > 2014-11-19 13:47 | Report Abuse

agree agree....holding tight

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-19 16:08 | Report Abuse

nike go go go !

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-19 16:45 | Report Abuse

nike go go go again !!!

Posted by renjer1981 > 2014-11-19 16:51 | Report Abuse

healthy company with growing aggressiveness. :)

Posted by investor09 > 2014-11-19 18:48 | Report Abuse

agree with renjer. strong fundamental with bright future.

yeohzy

18 posts

Posted by yeohzy > 2014-11-19 21:13 | Report Abuse

This stock will continue to hit it target price 2.3 :) only for short mid term player

tehsk

14 posts

Posted by tehsk > 2014-11-19 23:24 | Report Abuse

Any idea where can we trace the date cold eye purchases his stocks?

miketyu

464 posts

Posted by miketyu > 2014-11-19 23:27 | Report Abuse

only between release of last year annual report. Price range from 1.03 till 1.84. U guess at which price he has purchased 800,000 units.

coffeecup

365 posts

Posted by coffeecup > 2014-11-20 02:55 | Report Abuse

hotcup effect

ahlek888

163 posts

Posted by ahlek888 > 2014-11-20 07:19 | Report Abuse

What's cold eye?

CCCL

621 posts

Posted by CCCL > 2014-11-20 08:21 | Report Abuse

"Sifu" : Cold Eye’s 5 yardsticks for investment
Author: Intelligent Investor | Publish date: Fri, 13 Jun 12:39
________________________________________
Cold Eye listed 5 important criteria on his talk on 16-March-2013.
1. Return on Equity (ROE)
2. Cash Flow from Operations (OCF) and Free Cash Flow (FCF)
3. Price-Earning Ratio (P/E)
4. Dividend Yield (DY)
5. Net Tangible Asset (NTA) per share

Return on Equity (ROE)
• Investor want to have a reasonable return from the capital for the equity put in.
• The return rate depend on the business risk.
• You would want to have a risk that higher than a risk free rate. Says, bank FD provide interest rate of 4%, you will target for a min return say 10%-15% (6% - 11% above FD rate) for the risk you take.
• [Note]: There is some issues and pitfall on ROE, do perform DuPont analysis on the ROE, or alternately I prefer to use ROIC.

Cash Flow
• Business owner would expect debtors pay you promptly and you don;t have to stock up a lot of inventories which tied up your capital.
• Else, you have to put in more capital each year even you make one.
• Do expect the hard cash received must be about the earnings each year.
• For each year, the business need capex to keep it going (so the owner can ear more in future) - e.g. buy more/relenish equipment, buy/open more shops.
• It would be good if the capex can be met with the cash I receveid from operations and owner no need to come up with more money.
• It will be fantastic if there is still leftover money to draw out (diviend), or the company can have extra money to invest in other lucrative business.
• Check
o Average OCF same as reported earnigns over the years?
o Is FCF in genral positive over the years?
o Is the average FCF >= 5% of Revenue?
• [Note]: You may want to read more on Cash Flow Statement Analaysis.

Price-Earning Ratio (P/E)
• A business might not be a right investment if price is nor right. If you buy a business with good ROE (say 30%) on P/E of 33 will only give you a earnings yield of only 3%.
• If the yield is less than FD, you may want to put the money to bank to earn risk free return.
• The prowess in investing is not knowing how to buying great companies at any price, but good companies at a cheap price.
• We should look for company < 10 or < 15 (good company with growth prospect)
• [Note]: P/E will ignore the debt an cash on the balance sheet. EV and EBIT is a good alternative if an investor want to take care on this item.

Dividend Yield (DY)
• How nice if my bussiness can have extra cash (FCF) after CAPEX investment and the left over money send back to owner as Dividend. (You may want to read more on Cash Flow Statement Analaysis.)
• This way, the owner can have additional money to spend while the business is still growing and the dividend is likely ti increase in the future.
• DY = Dividend per Share for a Year / Stock Price
• It could be a good investment if DY > FD rate.

Net Tangible Asset (NTA) per share
• Investor can recoup the initial investment if the NTA worth more than what he put in.
• If the NTA per share > stock price, you may be in for a bargain.
• More valuable (e.g. hard cash, property, land) asset is better.
• Receiveables - debtors might not want to pay me.
• Inventories - it may be outdated.
• Some business (e.g. service industry) where the important assets is not tangible e.g. its technology, brand name, people......
• [Note]: This is align with Benjamin Graham Net Net & Negative Enterprise Value.

Vic Lee

137 posts

Posted by Vic Lee > 2014-11-20 15:35 | Report Abuse

drop jor :(

ahlek888

163 posts

Posted by ahlek888 > 2014-11-20 15:40 | Report Abuse

Cold eye sold?

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-20 16:17 | Report Abuse

hopefully close at 1.85

yeohzy

18 posts

Posted by yeohzy > 2014-11-20 18:57 | Report Abuse

company with strong fundamental, cash flow, management, nothing to afraid of , correction is expected to continue move forward steadily . Just accumulate and invest and you will reap the fruit soon

KWTAN

109 posts

Posted by KWTAN > 2014-11-21 17:05 | Report Abuse

cold eye sold d?

yeohzy

18 posts

Posted by yeohzy > 2014-11-24 10:53 | Report Abuse

This counter will continue to move forward very soon, nothing to worry

ahlek888

163 posts

Posted by ahlek888 > 2014-11-25 11:36 | Report Abuse

Why index up but this counter is down?

miketyu

464 posts

Posted by miketyu > 2014-11-26 12:25 | Report Abuse

Cold eye effect gone?

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-11-28 09:43 | Report Abuse

support at 1.75

KWTAN

109 posts

Posted by KWTAN > 2014-11-29 09:47 | Report Abuse

dividen got approved, waiting for bonus issue...

Posted by little_snake > 2014-11-29 09:51 | Report Abuse

Bonus is pending urs vote…

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-12-01 12:17 | Report Abuse

must have strong heart to hold !

CCCL

621 posts

Posted by CCCL > 2014-12-01 13:08 | Report Abuse

Normal. Those fund invested at O&G will be diverted to other non oil related counters. So hold tight!!! enjoy the roller coaster...

KWTAN

109 posts

Posted by KWTAN > 2014-12-01 19:30 | Report Abuse

imma buying more

jasonlaw

13 posts

Posted by jasonlaw > 2014-12-03 10:54 | Report Abuse

any news on the bonus issue?

Post a Comment
Market Buzz