Would like to hear any feedbacks on this bluechip.

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Added on June 8, 2009, 2:45 pmThe share has been plunging recently.
Other than COP being a possible reason, are there any other news?

This post has been edited by teewan: Jun 8 2009, 02:45 PM

earning probably drop for 1Q.
time to buy, very low now.

Its lastest earning result is pretty poor, only 7.xx cents profit, so stock price reacted to the bad number or specifically fund managers react to it.

We will see its share under pressure for sometimes, until it can show turn around in the profit.

Next quarter results will be out this month....Another 2 more weeks or so...I wonder if it did better.

Probably a good time to grab some Tanjong shares since it has been down the last week or two

huh ? so fast next quarter result out ? they just post their 1Q report leh ..

Expensive share, no?

Expensive is relative terms.
If they split by 10x, then you consider it cheap?

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Added on June 9, 2009, 9:13 amI have started accumulating...

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Added on June 9, 2009, 9:13 amHope that higher COP is not damaging their business.

This post has been edited by teewan: Jun 9 2009, 09:13 AM

Is it? I cannot find the 1Q report in Bursa site....
Do you have it?
The last one posted I noticed was on January 09.

The share has been holding well AFTER the result announcement, for about few weeks.

Only recently started to drop.

Ok....so announcement in March, share drop in June...perhaps in anticipation of next qtr results in end of June....Lets see what happens then....

at 13.1-2 still can go in?
what is the projected coming financial result? any idea?

personally, should be quite a good bet at current price.
there is FD of 20sen to be paid. ex-date 29/7.
4Q is really bad, EPS only 7+, 1Q hopefully improve.

I buy based on long term potential.
It used to pay out 90 cents dividend PA.

This is a fundamental play.

There is a big player controlling this counter.
Is not an active counter, but occasionally the price fluctuates a lot in a day, value wise.

I understand that during uptrend, certain counters will actually become unattractive, due to their business nature.
Maybe some of the holders will opt to cash out and invest in some other cyclical counters.

If you factor in the last financial result, which was weak, and it looks like a candidate for dumping and jumping to another counter.

you all got accumulating now?

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Added on June 10, 2009, 11:21 amwow just notice tee is the one opening this forum .. haha sure got alot tanjong

This post has been edited by mo_meng: Jun 10 2009, 11:21 AM

i'm all for it.
I own tanjong for dividend as well.

smartly, may I know your buy price, thank you.

umpteen years..at RM11.80.

got some at 13.1 today

Nolah, I dont hold much, a few lots...
This counter is not as cyclical as the rest...

My money had been splurged on KNM!!

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Added on June 10, 2009, 12:08 pmI queueing to buy 500 units at 13.00.
I won't be surprised if it is pushed down to 12.80.
If it falls below 12.80, it will be a very good buy.

This post has been edited by teewan: Jun 10 2009, 12:08 PM

nvm jsut collecting it when it going down more
wanna change my % allocation more to blue chip

Count me in for Tanjong, too.

a stock mustn't be missed.



grandfather story.... dad told me that my beloved grandpa hold xx lots of Tanjong, avg was RM12. during 1993, it went up to RM18 (or RM20), but my grandpa was stubborn to sell, as you can see, it was coming down after that, it even went down below my grandpa's average price, grandpa sien jor, then my dad advising him to do averaging, so he started to pick up some at RM8, etc.

Anyway, my beloved grandpa had passed away for a few years. But his Tanjong share is still there.

P/s: Nice stratergy, teewan. I'd like to use that for averaging down too.

Holding 3,000 units since RM 14.60... cannot down average anymore... b'coz ran out of bullets already.

Xuzen

pana, did you inherit your grandpa's tanjong ?
then fatt liao.

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Added on June 10, 2009, 1:14 pmbuy in smaller units say 300units, then no problem to avg.

This post has been edited by smartly: Jun 10 2009, 01:14 PM

muahahahaha! i think he has xxx lots of Genting, too.

smartly, your 11.40 Tanjong, when did you buy? must have kept for years!

being caution, i'm setting my TP at 12.30-12.50

will sell part of my Mkland and swap for Tanjong.

hopefully by next weel could get it, meanwhile let Mkland profits to run first.

sorry, it was 11.80.
yea, i lost count when i own it. have been keeping real umpteen years.

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Added on June 10, 2009, 1:30 pmsomeone told me MKLAND will reach RM1 but i'm not following.
judge yourself.

This post has been edited by smartly: Jun 10 2009, 01:30 PM

RM13 done deal!

welcome but looks like heading lower.

see if i can get it at 12.80.

me too.

Next stop 12.80
I hope the bus won't come...

not sure yet but i think every entry also not a problem.
just keep it like what i did for many many yrs..

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Added on June 10, 2009, 5:20 pmnot sure yet but i think every entry also not a problem.
just keep it like what i did for many many yrs..

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Added on June 10, 2009, 5:21 pmnot sure yet but i think every entry also not a problem.
just keep it like what i did for many many yrs..

This post has been edited by smartly: Jun 10 2009, 05:21 PM

buy and keep dont look back

i got some at 13.50.. planning to get another 500units if it touches 12.50... but i hope it wont go too low though

very excited about its coming quarterly report.. hmm but with all these selling could it be bad ?

worry not. can buy at all level, if stuck just keep for dividend. result should turn good again.

looks like big players were keep offloading it...wondering what could be the reason.

i also have no idea on why big players offload like nobody business..
i manage to secure a position in 13.10 which is a bit high i know..
anyway.. lets keep our finger cross so that it went up to RM14.50 and we can start to offload...

You need to understand how fund managers work.

When they have made a decision to sell because of downgrading, need for cash, poorer future expectation etc., they have target to sell the stocks until it clear off or hit its target disposing amount almost daily. That's why we always see price fall down dramatically in late afternoon and they will withdraw the unmatched selling Q to throw at buyers which resulted price goes down daily.

The trend is similar to Axreit previously from 1.50 -> 1.00.

It is same on the upside, you see KNM share up like no tomorrow and continously way from 40 cents to 1.00 when fund managers decided to add more into their portfolio.

That's why we always see a series of trend. When it is up, it will up trend for sometimes (with some minor pullback in between). Then people tend to make mistake to sell it early, as seen some gain, quickly sold off, but it keeps on going up. How many we heard people complain whenever they sold their share, it going up.

When it is down trend, it is going down almost daily (with some intermediate rebound but sink again afterwards).
And this time we heard a lot of people complain, whevenever I bought, it keeps going down.

err, what is TANJONG business? Lottery and Gaming only?

Tak halal counter in that case

Tanjong's main business or contribution come from IPP, aka power generation business, second is gaming 4D.
Horse racing actually is a losing business.

TGV!
but low contribution (if not negative)

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Added on June 11, 2009, 12:26 amAh, also some resort kinda stuff....

This post has been edited by teewan: Jun 11 2009, 12:26 AM

if really come down more.. i think i will accumulate more @ 12.50

2.5 hmm i think ir really come down really easy to hit
i will wait lower

malaysia finance blog about Tanjong.

http://malaysiafinance.blogspot.com/2009/0...n-buy-hold.html

When will the 4th interim and final diveiden be paid?

NVM, found it, ex-date 29july for 20 sen..

This post has been edited by naz_b_85: Jun 11 2009, 08:46 PM

Interim sudah bayar, ex in April.
Final is the one on 29 July.

Previously, for the Quarter 1, results will announce at the end of June (coming up coming up!)
And then if got interim dividend, will ex in July.

This post has been edited by VyvernS: Jun 12 2009, 08:33 AM

How u know going up after next quarterly results?

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Added on June 12, 2009, 10:04 amAny news or rumors?

This post has been edited by teewan: Jun 12 2009, 10:04 AM

my guess, if their interim dividend is as good as previous year, that would indirectly boast the share price confidence.

looks like RM13 is the resistance.

congratz for those who caught the big fat fish

Their cashflow will enable for the company to pay the dividend.

Last quarter poor result is because of refinancing cost of 200 million charges. Operational earning still ok.

Company is not a net cash rich, but with cash of 1.2 billion with long term debt and rollover/refinancing their short term borrowing, cash situation has nothing major worry.

Tanjong,

Price weakness is opportunity to buy!!!





Attached File(s)
 Tanjong_090611_update___raise_to_Strong_Buy_1_.pdf ( 62.98k ) Number of downloads: 42

wow neo you also got this counter

actually, i hold 41 counters right now!! hahaha

up 20sen.
reverse ?

Seem selling pressure is subside.

no chance for 12.xx

out of luck.

See next week. Still place my order at 12.80.

on top of that i noticed today that the buying force is stronger....


hehe dont give up... next wek can try again..

i want to average down my cost of buying too...

This post has been edited by mopster: Jun 12 2009, 06:21 PM

Yup...12.80 my target for next week

This post has been edited by VyvernS: Jun 13 2009, 01:03 AM

Hi peeps...

Tanjong Q1FY2010 report is out ... been waiting for so long..

not so good... income decreased by 4.75%...
and quarter dividend of 17.5 cents..

any opinion on their performance ?

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Added on June 29, 2009, 7:56 pmbut nevertheless it is much better than previous quarter... i hope this can help to boost the share price a little..

This post has been edited by mopster: Jun 29 2009, 07:56 PM

tomorrow TP @ 14.00 hold for awhile lo...
RM13.10 and RM13.00 make some peanuts and hopefully can TP @ 14.00 la... hahaha!!!

wow..... so TANJONG shareholders will get RM0.20 final dividend (25% tax), Ex date 29th Jul and RM0.175 interim dividend (25% tax), Ex date 15th Jul.... how naizzzzzz

20+17.5, total of 37.5sen dividend...
not bad.

I got 5600 unit of Tanjong @ 13.9

ok lah, in this difficult economy situation.

Still 90 cents dividend annually projected for the full year can be intact.

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Added on June 30, 2009, 4:05 pmJust notice that the ex-date of the 1st interim come sooner than last final dividend ex-date.

This post has been edited by cherroy: Jun 30 2009, 04:05 PM

tanjong drop like MAD!!!

Then it should be time to bottom fish lor...

Xuzen

please drop somemore!!!

Good, I want 13.00 again.

Err.. i don't think it will go down so low lor..
my target is 13.20

all depends on dow jones tonight

Tanjong power plant probably got burned or some equipment burst

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Added on June 30, 2009, 5:36 pmTanjong power plant probably got burned or some equipment burst

This post has been edited by June_llk: Jun 30 2009, 05:36 PM

I will keep Tanjong for very long term b'coz every Wed, Sat & Sun I see so many "Choy San Yeh" aka God of Wealth donating money to its coffer.

Xuzen

This post has been edited by xuzen: Jun 30 2009, 05:40 PM

don't know too late or not but just started collecting
join the bandwagon at 13.30

you missed the 20 sens dividend which was ex last week.

but on the bright side, there is a 17.5 cents dividend coming to you.

Edited.

This post has been edited by panasonic88: Jun 30 2009, 08:38 PM

I thought both are on this month 15/July/09 and 29/July/09

WHOPS. sorry, i overlooked it this afternoon.

you're right.

Final Dividend of 20.0 Sen Per Share - Ex on 29/07/2009
1st Interim Dividend 17.5 Sen - Ex on 15/07/2009

will try catch at RM13.....

Yes rm13. Mari mari............

This post has been edited by protonw: Jun 30 2009, 09:17 PM

thanks both espree & pana
will add if/when comes to 13.00

Poured cold water on my sweet dreams in the Tanjong for awhile there you..

Come 13.00!!!!!!

We want Tanjong down to RM13.00

aiks.... i just login.. and it's 13.60 liao...
no need to queue at 13.00 already

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Added on July 1, 2009, 4:57 pm 13.80, +0.50cents.. what a day for tanjong...

just received the AGM thingy today... first time..

This post has been edited by mopster: Jul 1 2009, 04:57 PM

i wan more at 13.00 lah
apa ini this chap gostam upwards instead

hi ppl....
tanjong shoot up like MAD!!!
tomorrow TP @ 14.00 hopefully...

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Added on July 8, 2009, 2:32 pmwah.. finally see 14

This post has been edited by virtualgay: Jul 8 2009, 02:32 PM

14.20 / 14.30

i've found this report on Tanjong.. anyone who is interested can have a read..
it is mainly on Tanjong's growth prospects in its businesses: Power,Gaming,Menara Maxis,Tropical Island
Nothing important to highlight here..

http://www.theedgemalaysia.com/insider-asi...h-strategy.html

Tanjong will be bullish in the short term. The immediate resistance is at RM 14.60.

I think should hit RM 14.70 this week.

Xuzen

lucky bought some at 13.1 .. thinking of selling it

there is still one more pending dividend yet to be paid.

and many more to come.

hey, good stock is meant to be buy & forget, unless you wanna buy more

Totally agree. I am going to accumulate this one and tuck it away in the fridge.

Today is Tanjong's AGM.
I kindly hope anyone who attended the AGM will share with us anything interesting about the the AGM...

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Added on July 27, 2009, 5:27 pmTanjong closed 14.70 today, highest in 2009..

This post has been edited by mopster: Jul 27 2009, 05:27 PM

Tanjong reached RM 15.00 today. Tanjong bulleh!

Xuzen

aiseh man
missed chance to sell >15.00 today
then buyback tomorrow <14.70 adjusted price

wooot.
i forgotten tomorrow is ex date, yay,, another 20cents dividend..

I've been thinking for a while. What is the best approach to accumulate Tanjong ? Should i just :
a)wait for the next dip (lower than 13.5) to buy or

b)use the dividend to lower my ABP and accumulate bit by bit. By doing so I may not benefit much from dividend, but can accumulate faster without waiting for a price dip, until meet my target for example 10,000 units. On average i get a discount of 70cents/year for my ABP.

any sifu got some hints ?

Tanjong TP within 12mths is RM 18.50 - RM 19.00 depending on which research house's report.

No need to wait for dips... just buy and accumulate.

BTW I disposed off my 3,000 units of Tanjong at RM 15.10 yesterday.

Going into the bank sector now.

Xuzen

This post has been edited by xuzen: Jul 29 2009, 01:01 PM

wow u disposed all ah why? coz u think bank will up more than tanjong?

Call it instant gratification.

Xuzen.

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Added on July 29, 2009, 4:56 pmJust moved my money into Bursa.

My rational:
Looking at the robust trade these days, I think Bursa is going to go up. At least good dividend in the near future.

Xuzen



This post has been edited by xuzen: Jul 29 2009, 04:56 PM