$TCHONG (4405.MY)$Wondering after closure of 3 factories (Nissan) in Thailand, will TanChong Motor benefit from their exisitng vehicle assembly plants?? Export market??
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HLT_88
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Thailand Serena import from Malaysia TC factory, quantity not big but a good start.
JiaKH
OP
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no idea. pretty nasty for sure. been holding and buying with different accounts since 2015. Extremely frustrated with the management. nothing much we can do especially those owning the shares. but one good thing is. the only way to go when you are at the bottom is going up. *if this is the bottom
$GCB (5102.MY)$$TCHONG (4405.MY)$$KPJ (5878.MY)$ The stronger ringgit is benefiting importers in the automotive, consumer, and healthcare sectors by lowering the cost of imported materials. Companies like Sime Darby, Tan Chong Motor, Berjaya Food, and Apex Healthcare are seeing potential earnings growth. However, tech and oil companies like Inari Amertron and Yinson Holdings, which rely on USD sales, are facing...
AmInvestment Bank suggests 'underweight' on Tan Chong stock due to ongoing losses and a weak ringgit. The bank also highlights increasing competition in the industry with the entry of various Chinese car models. Five out of seven analysts covering Tan Chong rated the stock 'sell' with the remaining two recommending a 'hold' call. The median 12-month target price stood at 78 sen, a potential of over 20% from the current share price. AmInvestment emphasizes that new car model launches are crucial ...
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HLT_88 : Thailand Serena import from Malaysia TC factory, quantity not big but a good start.
HLT_88 : the worry is Nissan and Honda merging would affect TC factory as Honda has a big plant in Alor Gajah.
JiaKH OP : Thanks. As was curious how would the production numbers from the said closing plants could be mitigated to TanChong Motor’s facility.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)