QUOTE(sl3ge @ Jul 7 2019, 09:30 AM)
I too.Steel stock not good.Hiaptek I put in cold freeze.So I avoid steel stockTashin Holdings Berhad (0211), Industrial Products&Service - ACE Market
Tashin Holdings Berhad (0211), Industrial Products&Service - ACE Market
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Jul 15 2019, 10:50 PM
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Junior Member
317 posts Joined: Oct 2012 |
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Jul 18 2019, 09:57 AM
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Senior Member
2,265 posts Joined: May 2015 |
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Jul 18 2019, 02:29 PM
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Junior Member
317 posts Joined: Dec 2010 |
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Jul 18 2019, 06:03 PM
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Senior Member
5,358 posts Joined: Apr 2005 From: KUL-BKK |
not sure wanna apply this or not
(although this one hot on the heels of 2 superstar IPO UWC & I-Stone) |
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Jul 18 2019, 07:35 PM
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Senior Member
6,818 posts Joined: Aug 2015 |
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Jul 18 2019, 07:58 PM
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Senior Member
2,265 posts Joined: May 2015 |
QUOTE(coinstar @ Jul 18 2019, 02:29 PM) Got to use " REVERSE PSYCHOLOGY " DON'T APPLY , IPO IS MORE DANGEROUSS than PUNTING COFFIN WARRANT IN BURSA ## pssstt....but don't be JELESS when I am ENJOYING my FRUITS of TASHIN IPO This post has been edited by SURE ANGPOW: Jul 19 2019, 07:07 AM |
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Jul 19 2019, 04:41 PM
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Senior Member
2,265 posts Joined: May 2015 |
HURRYYYYYYYYYY UPPPPPP
20 m0re minutes |
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Jul 19 2019, 04:46 PM
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Senior Member
976 posts Joined: Jan 2008 From: Batu Pahat |
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Jul 19 2019, 04:57 PM
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Senior Member
2,265 posts Joined: May 2015 |
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Jul 19 2019, 05:00 PM
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Senior Member
2,265 posts Joined: May 2015 |
QUOTE(kailc @ Jul 19 2019, 04:46 PM) KIHHHHH 5X.....further KIHHHHH 3 X argghhhh- relief edi thanks Bebi kailc - for your much needed afternoon jokes after all laughter is the best medicine This post has been edited by SURE ANGPOW: Jul 19 2019, 05:00 PM |
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Jul 19 2019, 05:10 PM
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Senior Member
976 posts Joined: Jan 2008 From: Batu Pahat |
QUOTE(SURE ANGPOW @ Jul 19 2019, 04:00 PM) KIHHHHH 5X.....further KIHHHHH 3 X u are really a joke in this forum, i bet u must a loser in real life , that's y come to this forum act pro and act taiko.argghhhh- relief edi thanks Bebi kailc - for your much needed afternoon jokes after all laughter is the best medicine |
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Jul 19 2019, 05:56 PM
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Senior Member
2,265 posts Joined: May 2015 |
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Jul 19 2019, 06:02 PM
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Senior Member
2,265 posts Joined: May 2015 |
Tashin Holdings Berhad - Steel-ing Into Expansion Mode
Author: PublicInvest | Publish date: Fri, 19 Jul 2019, 8:49 AM ________________________________________ Tashin Holdings Bhd (TASHIN) is principally involved in the slitting and shearing of steel into coils and sheets, the manufacturing of steel products comprising steel pipes, flat bars, square bars, expanded metals, checkered plates and C Purlins, and the trading of steel products including steel plates, steel pipes, round bars, angle bars and wire mesh. Besides selling to steel stockists who subsequently re sell to manufacturers, TASHIN's steel processing and manufacturing operations allow the group to offer a range of steel products to various industries such as automotive, manufacturing, engineering and construction. Approximately 99.0% of TASHIN's revenue is derived locally with less than 1.0% of its revenue from foreign sales during the FY2015 to FY2018 period. Apart from the expansion of its operations by manufacturing wire mesh with different sizes and diameters, TASHIN intends to increase production capacity of its existing steel processing line, besides increasing efficiency of steel processing and steel manufacturing activities post-IPO. We derive a fair value of RM 0.44 based on a 10x PE multiple to its FY2020F EPS of 4.4 sen. We think the current listing price is relatively overvalued. Nonetheless, the IPO is expected to raise approximately RM34.4m from the issuance of 59.3m new shares. Besides utilising 20.9% and 30.1% of the proceeds for land acquisition and construction of a new factory, 22.4% of the proceeds are allocated for purchase of machinery and equipment for manufacture of wire mesh, processing of steel coils as well as automation of packing process of steel pipes and slit coils. Arrgghhhhhh.....A MOUSE TRAP !.>> Just found it when serving the internet This post has been edited by SURE ANGPOW: Jul 19 2019, 08:17 PM |
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Jul 19 2019, 10:02 PM
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Senior Member
2,265 posts Joined: May 2015 |
QUOTE(SURE ANGPOW @ Jul 19 2019, 06:02 PM) Tashin Holdings Berhad - Steel-ing Into Expansion Mode Bebi Kailc in Panic Mode about Fair Value of Tashin merely 44 sen ,Author: PublicInvest | Publish date: Fri, 19 Jul 2019, 8:49 AM ________________________________________ Tashin Holdings Bhd (TASHIN) is principally involved in the slitting and shearing of steel into coils and sheets, the manufacturing of steel products comprising steel pipes, flat bars, square bars, expanded metals, checkered plates and C Purlins, and the trading of steel products including steel plates, steel pipes, round bars, angle bars and wire mesh. Besides selling to steel stockists who subsequently re sell to manufacturers, TASHIN's steel processing and manufacturing operations allow the group to offer a range of steel products to various industries such as automotive, manufacturing, engineering and construction. Approximately 99.0% of TASHIN's revenue is derived locally with less than 1.0% of its revenue from foreign sales during the FY2015 to FY2018 period. Apart from the expansion of its operations by manufacturing wire mesh with different sizes and diameters, TASHIN intends to increase production capacity of its existing steel processing line, besides increasing efficiency of steel processing and steel manufacturing activities post-IPO. We derive a fair value of RM 0.44 based on a 10x PE multiple to its FY2020F EPS of 4.4 sen. We think the current listing price is relatively overvalued. Nonetheless, the IPO is expected to raise approximately RM34.4m from the issuance of 59.3m new shares. Besides utilising 20.9% and 30.1% of the proceeds for land acquisition and construction of a new factory, 22.4% of the proceeds are allocated for purchase of machinery and equipment for manufacture of wire mesh, processing of steel coils as well as automation of packing process of steel pipes and slit coils. Arrgghhhhhh.....A MOUSE TRAP !.>> Just found it when serving the internet way below 58 sen offering price ..... |
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Jul 20 2019, 07:31 AM
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Senior Member
976 posts Joined: Jan 2008 From: Batu Pahat |
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Jul 20 2019, 08:39 AM
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Senior Member
2,265 posts Joined: May 2015 |
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Jul 20 2019, 09:24 AM
Show posts by this member only | IPv6 | Post
#37
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Senior Member
1,324 posts Joined: Jan 2003 |
QUOTE(kailc @ Jul 19 2019, 05:10 PM) u are really a joke in this forum, i bet u must a loser in real life , that's y come to this forum act pro and act taiko. He not only joker in this forum,even also in i3,Keep posting joker tp and try to mislead newbie. U know, newbie is easily being mislead, If follow his tp go holland aldy. When I saw his post,my eye will auto filter. But still such an eye sore to he is post. This is serious forum, not kopitiam topic ok? Can anyone take some action? This post has been edited by sl3ge: Jul 20 2019, 09:25 AM |
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Jul 20 2019, 10:34 AM
Show posts by this member only | IPv6 | Post
#38
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Senior Member
2,265 posts Joined: May 2015 |
QUOTE(sl3ge @ Jul 20 2019, 09:24 AM) He not only joker in this forum,even also in i3, My friend - good morning Keep posting joker tp and try to mislead newbie. U know, newbie is easily being mislead, If follow his tp go holland aldy. When I saw his post,my eye will auto filter. But still such an eye sore to he is post. This is serious forum, not kopitiam topic ok? Can anyone take some action? Thanks for your joke- a much needed jokes this morning ! After all laughter is the best medicine.. IPO 101.... IPO is no longer an easy money , sure money one unlike during Superbull 1993-mid 1997. The crucial/critical different between now & during that time is the IPO offering price was determined by the SC / Security Comission unlike now by the Co itself. That why so thick meat@Premium - many times 5X the IPO price [that is 500 % on debut ]. But don't give up as posted by some who want to retire@pension after KENA LIOW by Kim Hin @KHJB where collapsed right from opening bell on debut-1st day listing. But thanks GOD NO BODY expect that UWC - a main board with offer price 82sen to open with a Bangg - Fantastic RM 1.10 Even much better Debut with the latest ISTONE The CHAMPION IPO of 2019 with 56 % on Debut. But this next TASHIN IPO , an up set FAIR VALUE/ TP given by Public Investment >> merely 44 sen way below the IPO offering 58 sen. Meaning during 1990s., SC won't allow this Co to list@58 sen. BTW , Please take note Mr Kailc especially on IPO Valuation This post has been edited by SURE ANGPOW: Jul 20 2019, 10:42 AM |
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Jul 20 2019, 10:45 AM
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All Stars
41,818 posts Joined: Sep 2014 From: REality |
Fuuhhh
So much report lodge towards Sure Angpow.. mostly because of Trolling reason... Just chill... Without Him. Thread is such bored.. No fun at all.. He our small entrainment 🙏 |
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Jul 20 2019, 11:59 AM
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Senior Member
1,324 posts Joined: Jan 2003 |
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