TASHIN HOLDINGS BERHAD

KLSE (MYR): TASHIN (0211)

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Last Price

0.325

Today's Change

+0.005 (1.56%)

Day's Change

0.325 - 0.325

Trading Volume

500


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565 comment(s). Last comment by BenjaminSS14 2024-04-09 22:09

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2020-08-08 20:22 | Report Abuse

Buy liao

Depeche

4,451 posts

Posted by Depeche > 2020-08-20 15:48 | Report Abuse

One of the lousiest IPOs to date.

Gala Kat

904 posts

Posted by Gala Kat > 2020-10-12 15:21 | Report Abuse

Looks like the counter is down with the Covid virus and struggling to survive...

mrcap

10 posts

Posted by mrcap > 2020-10-20 18:28 | Report Abuse

Macam ada move sikit today

Posted by EatCoconutCanWin > 2020-11-18 19:29 | Report Abuse

Wow .. good results

Posted by Informationprovider > 2020-11-23 08:41 | Report Abuse

*TASHIN (0211) - Steel-ing the limelight*

Current Price: 0.255

*Why should we look into Tashin?*

1. Tashin posted strong Q3FY20 results as their net profit was up by 1134% on QOQ basis and 183% YOY. Revenue for the quarter was the highest ever since their IPO in 2019.

Source: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0211

2. Malaysia has started with some of the latest mega projects like ECRL & RTS which definitely requires steel therefore the demand for steel will increase.

Source: https://www.channelnewsasia.com/news/asia/malaysia-construction-singapore-johor-rts-bukit-chagar-station-13615148

https://www.malaymail.com/news/malaysia/2020/11/18/transport-ministry-ecrl-project-ahead-of-schedule-to-proceed-with-existing/1923842

3. Iron price has surged up almost up 38 per cent, according to data from S&P Global Platts and set to average $100 a tonne for the first time since 2013.

source: https://www.ft.com/content/2a0f550c-4075-48ef-bda0-0f9e615ba8fb

*Conclusion*

As we can see from the quarterly performance of Tashin we can see that Tashin has definitely up it’s ante as their result soared up quite significantly.

With the major mega projects now already kick start steel will see it’s demand to increase therefore local steel players will definitely benefit from this.

Iron ore price has being going up and Companies like ChooBee & CSCSteel has shown quite good result. This is probably a step moving ahead in tandem with the demand of iron.

Posted by mythconbuster > 2020-11-23 09:16 |

Post removed.Why?

tom33tan

50 posts

Posted by tom33tan > 2020-11-30 12:08 | Report Abuse

gogogo..break 0.30

Cikam

1,720 posts

Posted by Cikam > 2020-12-07 12:27 | Report Abuse

Ok...lets go!!!!!

Posted by whatsapp60108599233 > 2020-12-15 15:55 | Report Abuse

TASHIN :
- Entry: <0.335
- Cut Loss: 0.305
- Risk: 7.58%
- MACD: -0.0008

TP Valid for Swing only:
- TP1: 0.365
- TP2: 0.38

Posted by OneSmallStep > 2020-12-15 17:37 | Report Abuse

Waiting 0.40

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-12-15 19:13 | Report Abuse

Sabar...!!! Right moment.

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-12-23 19:06 | Report Abuse

Next target 40-45.

winghuat

241 posts

Posted by winghuat > 2020-12-29 00:39 | Report Abuse

吉隆坡28日讯)国际贸工部(MITI)周一宣布,大马将对从印尼和越南进口的冷轧钢卷和薄板征收7.73%至34.82%的临时反倾销税。市场认为,政府上周开始向外国各类钢材征收反倾销税,对本地钢铁业有利,钢铁股也因此受投资者追捧。

上述临时反倾销税长达120天,从上周六(26日)起生效。贸工部早在本月23日向中国、韩国及越南征收镀锌非合金钢板和钢卷的反倾销税,为期5年,从12月12日开始生效,直至2025年12月11日。

值得一提的是,越南同样也在23日向对中国部份钢铁产品征收为期5年的反倾销税。

中澳摩擦带动钢铁价

另一边厢,中国与澳洲政治摩擦升温,并把紧张氛围带到贸易方面,中国更限制进口澳洲煤炭,其中包括用于炼钢的原料--焦煤,而市场也担忧中国将把进口限制扩大至铁矿石,刺激钢铁价格在近期走高。

截至下午5点,上海期货交易所钢筋价格报每公吨4223人民币,自10月起已上涨约16.88%;而大连期货交易所铁矿石价格则报每公吨1093人民币,在同时段上涨约13.79%

随著政府出手保护本地钢铁业,投资者相信钢铁业者的前景将改善,这令钢铁股周一重拾上升动力。

其中,美丽华工业(MELEWAR,3778,主板工业股)涨25仙或74.63%,至58.5仙,为2016年11月以来的新高水平,成交量达1亿5120万股,是第7大热门股,同时也是第11大上升股。马钢铁厂(MASTEEL,5098,主板工业股)则起18.5仙或34.58%,收报72仙,转手量达1亿3561万股,在热门榜位居第10,并在上升榜排名第17。

协德(HIAPTEK,5072,主板工业股)升2.5仙或5.49%,以48仙挂收,交易量达1亿3318万股,在热门榜排名第11;金狮工业(LIONIND,4235,主板工业股)全天涨11仙或17.46%,至74仙,写下2018年10月以来的最高价位,成交量达1亿2592万股,为第12大热门股;麦克伦钢铁(MYCRON,5087,主板工业股)则全天涨24.5仙或52.69%,为第12大上升股。

Posted by OneSmallStep > 2020-12-29 21:32 | Report Abuse

Now waiting for 0.5

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-12-29 23:53 | Report Abuse

Next week

A680910a

58 posts

Posted by A680910a > 2021-01-24 12:12 | Report Abuse

Result for last Q very good because of steel price when up crazily, counter price should reach 60c by mid Feb, better collect now.

A680910a

58 posts

Posted by A680910a > 2021-02-04 17:03 | Report Abuse

Dont miss this chance, price going up after cny

A680910a

58 posts

Posted by A680910a > 2021-02-10 17:36 | Report Abuse

Told you guys this counter is moving! Buy before it goes above 40c! Next week 60c coming

Posted by Profitsaham1 > 2021-02-10 23:19 | Report Abuse

Tashin short term target to sell 0.395...
Then wait until TA nice..as TA will be nice so price might be higher than 0.395..Buy high sell higher.

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2021-02-11 19:35 | Report Abuse

last minute buyer wallop spike up q at 0.40 but match best buy price 0.385.Monday will gap up 0.40

Posted by OneSmallStep > 2021-02-19 20:32 | Report Abuse

Close the week at 0.40 and record revenue and profit. Excellent QR

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2021-02-20 20:37 | Report Abuse

Prestar who listed Tashin, both are truly the dark horse of steel industry.

Posted by sukiesee > 2021-02-27 22:57 | Report Abuse

I hope will be at 0.5 ^^. Isn't possible?

shadowz

711 posts

Posted by shadowz > 2021-02-28 21:37 | Report Abuse

High chance to test and go beyond 0.50 within this week, the growth of this stock can’t be contain and it would show better & better QR moving forward

mamatede

3,950 posts

Posted by mamatede > 2021-03-05 15:57 | Report Abuse

when they say dividend 0.5 sen... is it 0.05/0.4 or 0.005/0.4...?? assumed 0.4 is share price now

Posted by SOFFIAN79 > 2021-04-05 07:12 | Report Abuse

I target this kaunter can go to 0.500

gohuat888

268 posts

Posted by gohuat888 > 2021-04-09 16:19 | Report Abuse

wow all steel counter up up many good

gohuat888

268 posts

Posted by gohuat888 > 2021-04-09 16:25 | Report Abuse

stong la tashin also buy some

gohuat888

268 posts

Posted by gohuat888 > 2021-04-09 16:36 | Report Abuse

gogogo tashin break out too

Westeros

835 posts

Posted by Westeros > 2021-04-12 09:31 | Report Abuse

entered Tashin show me your power...........

MoSalah

137 posts

Posted by MoSalah > 2021-04-12 10:09 | Report Abuse

let's go Tashin...

gohuat888

268 posts

Posted by gohuat888 > 2021-04-12 15:00 | Report Abuse

gogogo tashin

chia88

1,189 posts

Posted by chia88 > 2021-04-13 10:24 | Report Abuse

Falling

Westeros

835 posts

Posted by Westeros > 2021-04-13 13:55 | Report Abuse

well today whole market oso GG.....

Eastern686

510 posts

Posted by Eastern686 > 2021-04-13 18:33 | Report Abuse

Tashin tomorrow uptrend up up up.

gohuat888

268 posts

Posted by gohuat888 > 2021-04-15 09:26 | Report Abuse

gogogo tashin huat arrrr follow prestar pergi 0.8 laaaa

sandrakkc

1,014 posts

Posted by sandrakkc > 2021-04-15 10:14 | Report Abuse

TASHIN IPO price is 58 sen, so should go back to at least IPO price since its registering good profit for last qr

Posted by investor2021 > 2021-04-16 16:04 | Report Abuse

https://klse.i3investor.com/blogs/learnToInves/2021-04-16-story-h1563361364-TASHIN_3_Reasons_Why_It_Is_Worth_RM0_75_45_upside.jsp


Reason 1: It is in the right industry which is booming now, STEEL INDUSTRY

What is TASHIN doing ? It is a steel company. Check out its website https://tashin.com.my .

It is involved in the steel related sector encompassing both manufacturing and trading activities. Details of its operation are:

(i) Processing (ie, slitting and shearing) of steel coils into slit coils and steel sheets;
(ii) Manufacturing of steel products comprising, steel pipes, flat bars, square bars, expanded metals, checkered plates and C Purlins; and
(iii) Trading of steel products including steel plates, steel pipes, round bars, angle bars and wire mesh.

Reason 2: Latest December quarter results is a record high (+180% QoQ) (+450% YoY)

As shown below, TASHIN made RM6.5m net profit or 1.85 sen EPS in December-2020 quarter. The Company benefited from rise in the steel prices. As steel price is still increasing in January, February and March we can expect another new record in 1Q result.

Reason 3: It is worth 75 sen (45% Upside !!!)

1.85 sen EPS in 4Q20 means FY21 easily can make 1.85 * 4 = 7.4 sen EPS round up to 7.5 sen EPS. This is not aggressive because steel price still increasing trend.

10x PE on FY21 EPS of 7.5 sen = 10 * 7.5 = 75 sen

lionhead

26 posts

Posted by lionhead > 2021-04-17 16:00 | Report Abuse

ORNA is underrated
9.04 sen EPS in 4Q20 means FY21 easily can make 9.04 * 4 = 36.16 sen EPS round up to 36.16 sen EPS. This is not aggressive because PAPER PULP price still increasing trend.

6 x PE on FY21 EPS of 36.16 sen = 6 * 36.16 = RM 2.17

sandrakkc

1,014 posts

Posted by sandrakkc > 2021-04-21 14:24 | Report Abuse

Trending up again, broken its resistance. 80 sen is possible nearer Qtr results

Posted by GorengHealthcare > 2021-04-26 10:24 | Report Abuse

i'm vy bullish with steel.
this is one hell of good steel counter but too bad i hv other steel instead of this 1.
anyway congrats to holders.

yenhan

22 posts

Posted by yenhan > 2021-04-26 23:41 | Report Abuse

Still can buy now or not.... Regret didn't buy today

Posted by Newbie_2288 > 2021-04-27 18:07 | Report Abuse

Twin effect on uprising Tashin share price.

1) Global bullish Tin/Steel price

2) Tashin expanding its business by signing a land deal to build another steel factory just next to its existing factory at Prai, Penang.

https://www.thestar.com.my/business/business-news/2021/04/24/tashin-signs-penang-land-deal

Posted by BuyLowSellHigh2020 > 2021-04-28 10:55 | Report Abuse

Tashin IPO 58, now after almost 2 years only break up to 0.67.. yesterday. Today higher

Posted by Newbie_2288 > 2021-04-28 11:22 | Report Abuse

The current stock price is only about 10% higher than the IPO price and given the recent rise in the global steel price and also Tashin is expanding into another new steel factory, there are good prospect to buy and keep this stock.

Posted by salimalik > 2021-04-28 13:20 | Report Abuse

Possible to reach rm 1?

sandrakkc

1,014 posts

Posted by sandrakkc > 2021-04-29 08:11 | Report Abuse

Tashin just announced a dividend of 0.5 sen to be paid out in July.

yenhan

22 posts

Posted by yenhan > 2021-04-30 13:56 | Report Abuse

Go go go up up up

paktua73

18,341 posts

Posted by paktua73 > 2021-04-30 14:43 | Report Abuse

are you ready........



tut tut
jom goreng sampai rentung

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