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TANCO HOLDINGS BHD TANCO (2429)

0.140 -0.010 (-6.67 %)

High: 0.150     Low: 0.140     Vol: 6,585,800 Average Vol: 37,378

last updated: 19-Oct-2017 4:56 PM

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[TANCO] TANCO - NTA has doubled after debt settlement.

RM314 mil was built into the RM374 mil liability [2009 account].
As the agreed settlement amount (with Lehman) is only RM145 mil, TANCO NTA (net tangible asset) will double in the next annual report from 53 cents to 103 cents. Naturally TANCO price will adjust higher to 60 to 70 cents. Once all the profit takings are absorbed (within 1 week), TANCO share price will move higher to break the 46 cents high. Thereafter all hell will break loose !
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[TANCO] tanco

wht makes u so confident tht it will reach RM1 ? If tht so , how long do u think it will takes & is it still consider cheap to log in ?
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[TANCO] leave pn17

will leave the pn17 very soon, tanco will reach to Rm1 but have to wait n the company also accepted the loan from lehman brother so look forward for this counter.....
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[TANCO] tanco anyone ?

Heard that it will fly upon clearing PN17. Any expert that can give me an opinion ?
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