Mr Ng's comment on TALIWRK. All Comments

Mr Ng
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taliwrks was a concessionaire business but they'd sold sg.harmoni and pulau langkawi business back to government, which means they had lost their "Golden Hen", in return now theyre loaded with Cash.

its share price hasn't really been going down, in fact should be classified as "consolidation".

whether or not the company is valuable? yes. but the multi dollar question is, if it's still able to make good business revenue from current advisory business?(they're providing advisory services...)
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Ming Kang Chai
Meaning cash rich but unable to generate profit anymore, now their management is the crucial part
Like · 5 years · translate
Wei Seong Toh
Sold their golden egg? The sg Harmoni is still under Taliworks with new O&m contract, is only from Splash to Air Selangor, even the water price selling is higher
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Mr Ng
hi wei seong, thanks for highlighting, I could be wrong on my statement.

my last read on taliwrks could be outdated and what I knew is they will act as Advisor rather than running the operations?

could you please highlight the relevant announcement and figure on that O&M contract award?
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1 Like · 5 years · translate
Wei Seong Toh
https://www.klsescreener.com/v2/news/view/578676 u can refer here and more in news or Google for further details for the contract and etc. Taliworks still running their core business and the cash received is the last contract receivable amount. Now with huge cash bond and change in director committee i think they have planed ahead on next step
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Mr Ng
thanks for pointing out. I just read it. I think I really did miss out the announcement. will spend some time to dig more info again.

taliwrks has been one of my favourite for dividends accumulation.

I disposed all after they were appointed only as Advisor.
if they're operating and maintaining then is ok.

about Langkawi water station is gone (per what I know).
but now they're loaded cash, with this management quality, it's just matter of time to shine again
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Dennis Lee
To eliminate debt is the smartest move by the management. Very good counter to invest. Just joint @0.89 sen yesterday. Hope my decision will well paid off.
up up you go...
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Wei Seong Toh
Welcome Ng, langkawi is expire this year. I believe taliwork will still have a great position on the next contract. tabung haji keep counter in but stock no up much and volume is low, need Alot patient dunno when it will fly
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Like · 5 years · translate
Mr Ng
technically the stock has a 'hint' of heading lower - im waiting for 0.85; best price for me is 0.80
this stock is heavy - so there's no need to rush in; can slowly wait for the best price (per individual lar, who knows it really goes down;or not)
it'll be really good to see it trend lower to 0.80c range to collect at cheaper price for higher D% yield
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Wei Seong Toh
Hi Ng can u share what technical indication u normally refer, I'm learning too, thanks
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Mr Ng
i am only using the classics like rsi/stochastics and macd ; overlays will be MA and EMA (all indicators are subjected to changes on the Parameters on personal preferences)

and it's my habit that i dont cluster all of them into my chart.

there's no point to over-analyse.
importance is the Price and Volume (Trend, Support vs Resistance)
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Wei Seong Toh
OK Ng thanks for sharing your method. It is almost same with what I using now.
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Mr Ng
ya...nothing special and no need to be special..
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Dennis Lee
All indicators and analysis are bullshit. Losing money company sometimes can get their share prices up. I no need to name them but you find a lot of these type of companies in BURSA! Invest in Bursa is just like playing kite. The share prices always against the wind and go up.
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Like · 5 years · translate
Mr Ng
hi Dennis.. investing in a market will always be seeing investment grades vs speculative stocks.. mature investors seek only what suit them.

if investment grade stock suits them, they go for it.
if speculative stocks suits them, here they go..

so there's no bullshit la...
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Dennis Lee
Yes you are right. speculation stocks and dividend stocks. I just classified all Bursa as the above and monitor the movement of the stocks for 4 running days whether to hold or sell. Chasing up going shares you need guts and experience. Graphics candle charts may not tell you truth sometimes.
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1 Like · 5 years · translate
Mr Ng
in fact...even foreign stocks re the same. ;)
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