popdream85

1/12/2020 Trading Idea

Long
MYX:TCS   TCS GROUP HOLDINGS BERHAD
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Construction Theme on strong rebound trend

EP 1: 0.485-0.505

EP 2: After Breakout 0.59

Cutloss Point: below 0.44

TP 1: 0.59

Fundamental:
TCS Group Holdings ( TGH ) entered into a conditional share sale agreement ( SSA ) with Super Advantage Property SB (SAP) for the acquisition of 25% equity interest in Southern Score SB (SSSB) for RM30m. The acquisition will be satisfied via issuance of 60 million new shares in TGH at RM0.50 per ordinary share.

and Profit After Tax Guarantee 20m of each financial year from 2021-2023.

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