TANCO Stock Forum

Support: RM1.080
Resistance: RM1.100
Based on our observations, we see Tanco Holdings Bhd (2429) is holding up strongly above its key support level of RM1.080, despite market weakness and selling pressure stemming from conversion of warrants. Currently, Tanco Holdings is challenging its key resistance of RM1.100 before trending to historical high with no visible resistance level.
Hence, we see any weakness in the share price of Tanco Holdings would re...

Malaysia's port industry is witnessing an unprecedented surge in demand, marked by record-breaking performances at Northport (M) Bhd and the Port of Tanjung Pelepas (PTP). These ports have set new standards in container and conventional cargo handling, reflecting the growing significance of Malaysia as a key player in global maritime trade.
Northport recently achieved its highest-ever monthly container throughput in July 2024, handlin...

Malaysia's port sector is experiencing significant growth driven by increasing trade volumes and strategic investments aimed at enhancing capacity and infrastructure. Here’s an overview of the current landscape, key projects, and future prospects for Malaysian ports:-
Key Ports and Current Performance
Port Klang: As one of Malaysia's largest ports, Port Klang recorded its highest container handling volume in hist...

Tanco's MD, Datuk Seri Andrew Tan, believes the AI port will reduce transportation costs and enhance efficiency for transshipment containers. The port's location near industrial hubs is expected to decrease carbon emissions, reflecting Tanco's commitment to sustainability.

Bernama: (From left) Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun, Transport Minister Anthony Loke Siew Fook, and Tanco Holdings Bhd group managing director Datuk Seri Andrew Tan Jun Suan at the joint-venture agreement signing ceremony. According to Aminuddin, the AI ​​technology adopted must have an optimal impact on the entire chain of marine and cargo services, such as registration of entry and exi...

KLCI closed green around the 1513 points region with an overall mixed market sentiment today as we still had over 550 counters closing red for the day. Daily trading volume only settled around the 3 billion range, which isn't so good.
Main stocks that showed strong buying momentum today would be the likes of AGX, YTLPOWR, YTL, IRIS, DIALOG, TANCO, and EWINT. All of which were able to sustain their rallies throughout the day on the top volumes list des...

Although KLCI had a decent rebound back towards the 1516 points region during last Friday, the overall market sentiment was a bearish one as we saw around 690 counters closing red. Daily trading volume settled around the 3.65 billion mark, which isn't so great too.
Main stocks that showed strong buying momentum would be the likes of RENEUCO, TSA, CTOS, SIME, MYEG, and PBBANK. All of which were able to sustain their rallies throughout the day on the top v...