well apparently the previous operator was not capable of pushing this stock and wanted to clear stock only. Perhaps we can swap (some or all) our share to other stocks first. Better than doing nothing as many other stocks are moving upwards.
hilarious...1 - 2 years??? move to other counters, u will earn rounds n rounds of profit already.... :) come back only when chart show its time ....ding dong ding dong only to get lower... why waste your capital getting stuck here :)
29-Sep-21 Warrant 50m@0.11 MYR5.5m Off Market Transaction 12-Oct-21 Share 4.5m@0.466 MYR2.1m | 25% Volume (17.99m) Total Dispose: MYR 7.6m
Last time they dispose via Off Market Transaction, then will be few days goreng then dump in one day, very cruel. Those chase high retailers kene trapped. Operator Warrant Cost is cheap...
This is a good company. The deputy md knows the direction well, a calm leader. If you dun want to buy at this point, you can always wait for the right price to enter.
A columnist of The Star in his/her/it supportline column dated jan 2021 spoke good of this stock. He/she/it wrote "the daily moving convergence/divergence line is also pacing higher, signaling growing bullisness. At that time the share was at Rm1.40
of course as they usually do, they put a disclaimer stating that it does not represent a recommendation to buy or sell.But we all know how people will react if they perceive it could turn out to be a good del
can we call him/her/it a liar ?
i leave that decision to you. but those who read this article may hv been influenced to buy and they would have lost RM 1 per share at todays prices . Remember these people cud be charlattans. I pity those who lost money. Its a lesson learnt
Maf1964.... lolllllz pls make some research or study before making any comment. Techbnd have bonus issue happened on 25 Mar. Another thing is the share price really rocket up from 1.4 to 1.8 before the bonus issue. Knowledge is important, dont simply make a misleading comment and let others to laugh at you.
Techbond was listed in 2018 with initial public offering price of 66sen a share. Over the years it has given1 free warrant for every 2 shares and also 5 bonus shares for 4 shares. if you have purchased 4000 shares at its IPO the value of your shareholding is calculated as follows.
Initial outlay of capital is 4000 x 0.66 is Rm2640 After 5 for 4 bonus you would end up with 9000 shares Today,s value of 9000 shares is 9000 x 0.48 is Rm4320 2000 free warrant x 0.17 is Rm340
Total value is 4320 + 340 is 4660 investment return is ( 4660 /2640 ) - 1 is 76%
Founder and his family did not sell any shares during IPO. Only In Aug they sold 50m warrant via DBT and the warrant price shoot up immediately from 25 sen to 31.5sen but did not sustain and collapse all the way to 16sen.
They dispose another 50m warrants in Oct via DBT and made an attempt to jack up the warrant price again. This time it is slightly difficult because the 1st 50m disposed in Aug has come back to haunt them. Besides, the 4.5m disposal of mother share by major shareholder in the open mkt just days ago was confusing and damaging to those who intend to see an upwards movement.
sure will goreng another round... It was just coincidence News on The Edge, Star etc promoting this counter right after warrant & share disposing. soon will see FB course seller publish post to attract people It's just matter of time how soon operator goreng it up & we retailers gotta ru faster before operator dumping again.
Techbond is currently trading at 48sen and a 4 - quarter rolling PE of 22 times. For a company whose issued share capital is 529m and a considerably small revenue of 22m per quarter, is more than fully value. There is not much meat now in this counter. For all honesty,in the immediate term the price will not advance much unless intentionally and artificially manipulated and push up to benefit someone.
when the time they disposing via DBT followed by some news on media Considering the free float is very light (Less than 10%), operator can easily manipulate to push up once accumulate enough shares...
Fundamental can't work well on this counter because of light free float, ease of manipulation..
I don't hold this counter but something interesting observe from the chart....
sit tight tight in pocket. Waiting for the upcoming QR which should be by end of feb. If revenue no up ah....management should take a mirror and look at themselves le...
The latest QR is out. The GP margin dropped to 25% from their usual 30%. I believe they have started producing their own PVAC polymer which the company claims can help to save on raw material costs. However, it's not showing result yet. Anybody has any insights?
Same question from me, perhaps the cost saving is offset by the increased cost of other types of raw mat...from what I know PVAC polymer is not only one of the raw mat required for the adhesive manufacturing
Why didn't the company pass on the higher raw material costs to customers?
Yes, besides PVAC polymer, there are other raw materials and direct production costs as well. But when the management keeps saying "game changing" with its upstream venture, definitely this ingredient plays a crucial role.
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....
Superb99
6,603 posts
Posted by Superb99 > 2021-09-03 16:52 | Report Abuse
when this salted fish can revive...sienz