they37@yahoo.com's comment on TRC. All Comments

they37@yahoo.com
2 Like · Reply
這是一支老公司,做中長期投資,TRC應該是不錯的。我最近買入一些做資,平均價5角錢。
cheng
based on the latest annual report - deposits & cash balance of 414M, total borrowings 102M, total nosh of 480.5M which translates to net cash of approx 0.65 per share. Your entry has decent margins of safety.
2 Like · 1 month · translate
anak ayam
good point cheng!
my average is 0.49
Like · 1 month · translate
anak ayam
i think it might be a cup handle now
Like · 1 month · translate
cheng
i would suggest to look at bigger picture of the trends if you are trading the trends, anak ayam. 1st part is starting from jan'24 to cum to date while 2nd part is from end of 2019 until cum to date. Basically, the rally that started jan'24 has reached the high of end of 2019 ~0.505. It gathered lots of interest at the beginning of this year, pushing it all the way up and the interest is waning off upon reaching 0.50 range. At this juncture, lack of interests may lead to pullback to lower forties while Q1'24 results will either bring back the interests or expedite the pullback. Just my opinions, could be wrong. Hope it helps.
Show more
Like · 1 month · translate
anak ayam
Thanks Cheng! Appreciate your discussion and sharing.
Agree with you. I saw there are higher buying volume during early 24... continue around 2 -3 months. Around 4 April, i guess the big player sold most of the ticket. But still, it is good to maintain around 48cents
the buying selling volume still maintain active til now. So far, the graph is looking ok to me.
up, re-trend and up down.

It will be good when it climb back to ~ 70cents.
Show more
Like · 1 month · translate
cheng
you are welcome, anak ayam. agreed with you that its a healthy correction. I am looking for opportunity to initiate position as I like its balance sheet and the fact that market price is lower than net cash per share :) I will have to wait after Q1'24 financial result. Construction index/activities looking really good and you can keep the link here for your reference - https://open.dosm.gov.my/dashboard/construction-statistics
Show more
2 Like · 1 month · translate