TECHBASE INDUSTRIES BERHAD

KLSE (MYR): TECHBASE (8966)

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Last Price

0.155

Today's Change

0.00 (0.00%)

Day's Change

0.155 - 0.155

Trading Volume

111,000


19 people like this.

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

Ymchan

162 posts

Posted by Ymchan > 2017-07-11 17:15 | Report Abuse

Latest announcement : 1/3 of the total share transacted on 6 July brought by EPF
.

Ymchan

162 posts

Posted by Ymchan > 2017-07-11 17:20 | Report Abuse

2000 lots accumulated by EPF from 4- 6 July. I think the average cost is about 1.34 to 1.35. Pls take note, i marked down this information is for my reference. I have no intention to made any buy call for this counter.

superwoman

271 posts

Posted by superwoman > 2017-07-12 02:50 | Report Abuse

Q out & profits down a lot

CKCS

1,439 posts

Posted by CKCS > 2017-07-12 10:00 | Report Abuse

It dropped dead like this is actually telling u something is not right about the company. Next qtr most likely be in trouble

CKCS

1,439 posts

Posted by CKCS > 2017-07-12 10:21 | Report Abuse

Read latest qtr report go to page 9, the company tells u already bad quarters ahead. It doesn't even dare to make profit forecast. Still not clear?

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=196654&name=EA_FR_ATTACHMENTS

2) Current year prospects
Barring any significant economic changes and unforeseen circumstances, the Group’s performance for the
forthcoming quarter is expected to be challenging.

3) Profit forecast
The Group did not make any profit forecast or profit guarantee during the current financial period.

Skliew

1,201 posts

Ivy663

27 posts

Posted by Ivy663 > 2017-07-12 12:54 | Report Abuse

long term

Skliew

1,201 posts

CKCS

1,439 posts

Posted by CKCS > 2017-07-13 08:18 | Report Abuse

So many bottom feeders. LMAO

newbiecc

63 posts

Posted by newbiecc > 2017-07-14 10:52 | Report Abuse

EPF keep on average down.. good sign.

Skliew

1,201 posts

Posted by Skliew > 2017-07-14 11:39 | Report Abuse

BIG FUND MANAGERS KNOW WHAT WE KNOW...BUT THEY KNOW WHAT WE DO NOT KNOW !!

freonsf

645 posts

Posted by freonsf > 2017-07-14 11:44 | Report Abuse

1.30 is a good price to In?

Infinite

128 posts

Posted by Infinite > 2017-07-14 12:00 | Report Abuse

At least big elephant will buy in this price

newbiecc

63 posts

Posted by newbiecc > 2017-07-14 13:47 | Report Abuse

NO bullet to top up more, was topped up at wrong timing..sad story.

Ymchan

162 posts

Posted by Ymchan > 2017-07-14 15:12 | Report Abuse

Cotton price decreased 11.09 Cents/lb or 14.28% to 66.54 on Thursday July 13 from 77.63 in June 1.

nikicheong

2,493 posts

Posted by nikicheong > 2017-07-14 16:33 | Report Abuse

Walao, don't lah go see cotton price etc. You never read Buffet/Lynch/Graham is it?

Skliew

1,201 posts

Posted by Skliew > 2017-07-14 18:56 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=986749

Managing Director Lau Mong Ying bought from open market !

Skliew

1,201 posts

Posted by Skliew > 2017-07-14 18:58 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=986750

EPF Bought for 6th consecutive day.

nikicheong

2,493 posts

Posted by nikicheong > 2017-07-15 11:54 | Report Abuse

Skliew, EPF is not a god. They were selling Bumi Armada at 0.60 and buying at 0.80. They don't have any more information than you and I do (generally). They do not get insider information. They have one annual meeting with management, that's it. Everything else they read in the media, read from sell-side analyst recommendations, and do their own in-house buy side research. They attend AGM. They scrutinize financials.

EPF returns are generally not great, heck they actually lag the market returns in aggregate. So WhyTF are you looking at EPF for guidance? To comfort yourself?

Also the director buying may be a good sign...but go see Tan Chong Motors...the director has been buying for FOUR YEARS and all the while the stock price has trended downwards. The Prlexus director probably "buys" more shares when he exercises his ESOS, this may just be a small vote of confidence in his company to the market.

-----------

All I am saying is, Prolexus may be a good buy at these levels, but don't try to use EPF as a justification that buying in now is good. They're on average the worst fund manager in Malaysia (compared to PNB and all the unit trust companies).

Skliew

1,201 posts

Posted by Skliew > 2017-07-15 15:21 | Report Abuse

Niki

Yeah...

EPF has their fund managers.... You will be wrong if you think that they are like you and me! They visit company management regularly and have access to more info but not price sensitive info la.....

EPF has many fund managers and sometimes different fund managers have different opinions of the stock they are holdings so one may be selling and the other buying..haha.

Prolexus is not a GLC co... EPF funds buy Prolexus on its own merit and not because they are forced to....

EPF more than often are forced to buy many GLC and suffered losses...an example is FGV....that's Why their performance is below expectations.

I did more findings into Prolexus recently and the EPF buys reassured my findings.... hehe!

Fund managers do more research and findings than what you think....and have access to more info than you and I... They are big and stable shareholders..... especially institution like EPF....and most company like these types of investors.

You may differ what I said....afterall we are here to share opinion and info....

I view the purchases by EPF positively. At least the shares are now being transferred from weak hands to strong hands....

If you are still waiting to buy... best of luck !

nikicheong

2,493 posts

Posted by nikicheong > 2017-07-15 20:58 | Report Abuse

Its true, but what I meant was don't just use EPF transactions as your basis to buy/sell. They visit management once a year for a small company like Prolexus. And yes, even discounting GLCs, EPF is more often "wrong" than "correct" with their investment ideas.

Skliew

1,201 posts

Posted by Skliew > 2017-07-16 09:18 | Report Abuse

http://www.kwsp.gov.my/portal/en/senarai-30-pegangan-ekuiti-tertinggi-berdasarkan-peratus-daripada-terbitan-saham-setakat-31-mac-2017

EPF has long appointed many external fund managers to help managing their funds...The above are their 30 largest percentage shareholdings of listed companies in Bursa. They are now the largest shareholders of many listed companies such as Gamuda. These FM would regularly update themselves with the companies they invested. This is a right of a shareholder, not restricted to FM only.

EPF, apart from the directors, is the only shareholders holding more than 5% ( Now 7.3%) in Prolexus right now. Many other funds may have added or reduced but they do not need to declare as their holdings are below 5%. Many FM started investing in Prolexus in 2014/2015. They have their investment thesis. I believe many of us also invested based on our own investment thesis and judgement, not because a certain fund buying or selling. It will be very naive to do that. But when more fund managers are buying, they are sending hidden messages. They usually know more than what we know and what we don't know. Like it or not, they usually have more privileges.

These are my 2 SEN.

I like to stress that I am not here to influence anyone to buy or sell. Any buy or sell from any of you, I believe the share price could not be moved meaningfully either way afterall. Furthermore, these are info available from Bursa or the web and investors are very intelligent and are not so naive that they could be influenced so easily. Hahaha!

When we invest with our real money, I believe we know what we are doing. This is not a hypothetical game or just a simulation.

Buying/ Selling at your own risks.

Happy Investing.

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 07:02 | Report Abuse

Be very careful not to give wrong and misleading advice to those who don't understand why Prlexus's earnings and profits dropped significantly. Expansion does not mean it could translate better earnings in a specific time span. Expansion is something that could take longer than expected especially if it's a msssive expansion plan. No investors will want to wait that long so they rather pulled out their money and put it into other stocks.

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 08:51 | Report Abuse

No one can give investment advice unless one is a licenced investment adviser.

We are here to share info but not to advise.

Investors are very intelligent nowadays and they know what they are doing with their money. They are accountable for their decision.

They know how to judge posts in i3, some are shared genuinely but some with wilful intention.

paktua73

18,253 posts

Posted by paktua73 > 2017-07-17 09:56 | Report Abuse

old man come back from holiday see ll red huhu
old man hold laa until all back green he he

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 10:03 | Report Abuse

Who has the rights to decide only licensed adviser can give advice? You sounded like an illogical idiot who doesn't understand or differentiate logical thoughts. Seriously?

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 10:53 | Report Abuse

Go and read Securities Industry Act 1983.

You are a real IDIOT! SO NAIVE AND IGNORANCE!

Do you know we have a SECURITIES COMMISSION?

HAHAHA!

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 11:32 | Report Abuse

Who wrote these lines ah?

Jul 7, 2017 05:11 PM | Report Abuse

I am going to leave this forum...
No point be here with all these nuisance.
I will delete all my posts here...
Good luck to all !
Thank you !

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 11:33 | Report Abuse

Too bad u are just another salesman who got deeply stuck. Now everyday u become a fulltime salesman. Loser

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 11:35 | Report Abuse

Salesman runs out of idea? Did u use EPF as a reason to buy? Woah....pathetic loh

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 12:20 | Report Abuse

PATHETIC!!!

REAL PATHETIC!!

DON'T EVEN KNOW THERE IS A SECURITIES COMMISSION!!

DARE TO COME TO 13 FORUM AND FIGHT WITH ALL THE PEOPLE!!

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 12:23 | Report Abuse

I AM A WINNER IN BURSA!!

70% OF MY SHARES I AM HOLDING ARE MY ACCUMULATED WINNINGS!

HAHAHA!!

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 12:43 | Report Abuse

Cry out loud, loser! LMAO

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 12:44 | Report Abuse

Not u said leave this forum meh? Read your own statement LMAO:

Jul 7, 2017 05:11 PM | Report Abuse

I am going to leave this forum...
No point be here with all these nuisance.
I will delete all my posts here...
Good luck to all !
Thank you !

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 12:47 | Report Abuse

I decided to come back and so What? Do you own this forum?

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 12:53 | Report Abuse

You are the one who should leave this forum.. You didn't add any value to it?

How can you ?

DON'T EVEN KNOW THERE IS A SECURITIES COMMISSION !!!

SO SHAMEFUL ON YOU!

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-07-17 13:11 | Report Abuse

Skliew.

Just dont reply him. Later you will turn this forum into like the evergreen forum.

He's a troll. He gets off from pissing people off to get a reaction. Relax.

If you think its a worthy investment, all the talking by him wont change anything in the long term anyway. Everything moves towards fair value in the long term.

Skliew

1,201 posts

Posted by Skliew > 2017-07-17 13:21 | Report Abuse

Jon Choivo,

Thank you !

I will just ignore him from now on.

Save my breath!

HAHAHA!!

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 14:23 | Report Abuse

This salesman making losses still. Now got angry. LMAO

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 14:27 | Report Abuse

Are u serious? A strong company's share price won't become a run-down state like this. Which part did u not agree? Obviously it's embarking on expansion and that takes a long time to succeed. Most smart investors knew PRlexus earnings will suffer for the next few quarters due to this massive expansion. Double expansion mah. Didn't analysts and IB gave the same speech as me?

Posted by Dolly_Chai2 > 2017-07-17 14:38 | Report Abuse

Skliew, I agreed with what Jon said.. that is why I decided to stop replying to his manipulated info in Evergreen forum...
this idixt is a typical loser + provoker + psychx who gets excited when he gets to irritate ppl...

wise investors would know how to differentiate real or manipulated info...

wise investors would know that a single quarter's performance does not mean end-of-world to a fundamentally good company with sound past records...

just let him continue to bxrk...

CKCS

1,439 posts

Posted by CKCS > 2017-07-17 14:58 | Report Abuse

Share price and qtr results won't lie. Only human do

nikicheong

2,493 posts

Posted by nikicheong > 2017-07-17 20:48 | Report Abuse

For those who are invested in Prolexus, I have some questions to ask and I hope you'd be willing to share with the rest of us.

1) When and at what price did you first buy in to Hevea?

2) Have you added to or reduced your positions once the price tanked after the quarterly report?

3) How long do you presume the share price weakness to last? Is this the bottom in your opinion, or do you foresee it going lower still in the coming weeks?

4) Do you still believe in the Prolexus growth plan? When do you foresee a positive turnaround in terms of topline and bottomline?

Thanks!

PS: Just wanna gauge the opinion of Prolexus investors on this forum.

CKCS

1,439 posts

Posted by CKCS > 2017-07-18 08:23 | Report Abuse

Dolly_Chai the loser who got stuck again in every counters he was reporting in. Both also profit halved

Evergreen qtr profit -48.89% y-o-y
Prlexus qtr profit -46.06% y-o-y

CKCS

1,439 posts

Posted by CKCS > 2017-07-18 08:24 | Report Abuse

Well done loser Chai

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