KLSE (MYR): TCS (0221)
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Last Price
0.145
Today's Change
0.00 (0.00%)
Day's Change
0.14 - 0.145
Trading Volume
1,108,600
Super undervalue stock compare others construction company...now under accumulation phase.
2024-04-02 08:45
All construction company under technical correction due to overbought last mth.
2024-04-03 13:19
please take note.... there is one Gumanjie group called buy this counter very log time ago and caused alot of member die because of TCS WA expired... espeacially their rubbish sifu Nagugong... So better watch out this counter.
2024-05-14 19:17
Add on - Gumanjie is Ginny Teo, last time is Qiang Qiang (so called Guru) assistant.
2024-05-14 19:21
TCS secures RM117 mil construction contract from S P Setia
Luqman Amin/theedgemalaysia.com
30 Sep 2024, 06:06 pm
https://theedgemalaysia.com/node/728493
1 month ago
I noticed that this smallish construction company can get projects from large conglomerate like KLK and SPSetia.
1 month ago
Tcs 16 cents***
Tp 20-24 cents(come early if budget coming look better).
If no,come few month later.
17/10/24 12.40am
1 month ago
dgr cerita dr engineer projek di Danau Kota tu sama ade jerujuk mendap atau rangka konkrit retak tu mmg serius, sememamg kena robohkan dan bikin semula
1 week ago
nothing to do SSB8.
Owner of PV also owns SSB but SSB is not involved in this J.Satine project..
and Jsatine developer is Gandingan Jakel, which is a JV between PV and Jakel.
1 week ago
knee-jerk reaction.. everyone hoohaa now. but in time, all will be forgotten and life goes on. i suppose when the so-called "full investigation report" is out, then we all will know who is responsible. hopefully developer will follow up and issue stmt .. jgn nanti buat senyap saje. in any case, lucky that no one died or injured in the incident.
on TCS.. hmm.. who knows, buying opportunity? was 16sen now back to 14 sen.. seems that they have been winning quite a few projects recently.... could be a turnaround play? time will tell.
1 week ago
If you google who is responsible for structural failure la, contractors are not involved.
1 week ago
This is on piling contractor lah, TCS are only on main building works not TCS fault at all
1 week ago
I know a friend who was involved in the project, he said the problem was the piling contractor. If this is true, then it is unlikely that TCS was at fault because TCS only do the main construction work, not the piling work. Can check back bursa announcement on 21 June 2024
1 week ago
apart from TCS, there are other contractors involved. So could be these other contractor’s problems.
1 week ago
When people see crisis, I see opportunity 😀 This is a buying opportunity. Btw, its share price has climbed from 14 sen in August to 16 sen before the bad news. It will move back up to the price level
6 days ago
Confident in TCS, they got experience & not a small developer... problem will resolve for all parties
6 days ago
No matter TCS is liable or not, once this project is stop, a lot of thing will be impacted.
1st, bank will stop release payment.
2nd, those bank that borrow loan to contractor / sub-contrator that related to this project, bank also will review their loan.
3rd. Developer will hold all payment to contract while pending for investigation.
4th. For contractor, all the worker salary is count on daily one. When project stop, you either need to transfer worker to other side, or your terminate them...etc.
5) For those machinery like crane, cement machine....etc, all count by daily one, when project stop, it is either you continue to pay for it, or return back to vendor.
No one know how long it will take for the investigation, maybe 2 month, 4 months?
6 days ago
if you see any of these name, sure maximum tak boleh pakai one:
1. TCS Group
2. Radium Development
3. Southern Score Builders (SSB8)
4. Platinum Victory
5. Jakel Group
6. Jayyid Land
6 days ago
J Satine mixed development project is under investigation. I guess this case will be solved soon
https://thesun.my/business-news/tcs-group-investigates-cracks-at-j-satine-mixed-development-project-PH13272397
6 days ago
Besides TCS, there are other contractors involved. So could be these other contractor’s problems...
5 days ago
But most of them dont understand one. Might be a good thing, so that those who understand can collect at a cheaper range.
5 days ago
let the authorities investigate first... I belive in TCS... once all solve can climb back 0.16 again
5 days ago
Actually I've been following TCS for a while. They had a tough period from 2021 to 2023 due to some unprofitable projects picked up during the MCO, but it’s encouraging to see they’ve turned things around. Since July, the company has secured three projects worth RM333 million in total. At this pace, profitability by 2025 looks promising !
4 days ago
it will be a long process.
developer may choose to terminate first... even if they dont, developer may not compensate for prolongation of contract. either way contractor will lose out.
now hard to say who is at fault and who is not. big blame game now.
4 days ago
Hard to say, because it is also a big challenge for the developer to find new contractor to clean up the mess in a short time. We will see how it goes
4 days ago
if everything settle then what bossku say would be correct, doubt TCS will tarnish their own reputation...
4 days ago
I tried CHATGPT to read this news link and tell me which contractors were responsible in the case of the structural failure mentioned. CHATGPT said it could be a piling contractor, a general structural contractor or a concrete or steel frame specialist…
1 day ago
I asked my friend who is working in construction field, he said this kind of issue is mostly due to piling problem. Simply speaking, is not TCS fault
1 day ago
The truth will eventually come out and the case will be solved. TCS will continue to move forward and secure more projects
22 hours ago
Gandingan Jakel said it had taken immediate actions to ensure full compliance with all relevant building codes and regulations. Time will prove Tcs right
12 hours ago
New project coming in, time to fly again
https://www.klsescreener.com/v2/announcements/view/8502633
7 hours ago
Mak_kiah
Yes, Sold Out! Moral Support for this company..LOL
2024-04-01 21:01