Highlights
KLSE: TAGB (5158)       TA GLOBAL BHD Main : Properties
Last Price Today's Change   Day's Range   Trading Volume
0.385   0.00 (0.00%)  0.385 - 0.39  1,670,300
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Overview

Market Cap: 2,050 Million
NOSH: 5,324 Million
Avg Volume (4 weeks):5,322,970
4 Weeks Range:0.31 - 0.39
4 Weeks Price Volatility (%):
93.75%
52 Weeks Range:0.215 - 0.395
52 Weeks Price Volatility (%):
94.44%
Average Price Target: 0.32
Price Target Upside/Downside: -0.065

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2017[#1]  |  29-May-2017
Next QR | Est. Ann. Date: 30-Jun-2017  |  29-Aug-2017
T4Q P/E | EY: 9.28  |  10.77%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.59  |  0.65
T4Q NP Margin | ROE: 32.97%  |  7.03%

Market Buzz

Date Type Subject
21-Aug-2017 Insider DATUK TIAH THEE KIAN (a substantial shareholder) acquired 3,500,000 shares on 21-Aug-2017.
18-Aug-2017 Insider DATUK TIAH THEE KIAN (a substantial shareholder) acquired 3,000,000 shares on 18-Aug-2017.
17-Aug-2017 Insider DATUK TIAH THEE KIAN (a substantial shareholder) acquired 9,126,800 shares on 17-Aug-2017.
21-Aug-2017 Insider DATUK TIAH THEE KIAN (a company director) acquired 3,500,000 shares at 0.388 on 21-Aug-2017.
18-Aug-2017 Insider DATUK TIAH THEE KIAN (a company director) acquired 3,000,000 shares on 18-Aug-2017.
17-Aug-2017 Insider DATUK TIAH THEE KIAN (a company director) acquired 9,126,800 shares on 17-Aug-2017.
22-Aug-2017 Forum 9 New Comments

Headlines

Date Subject
10-Aug-2017 PublicInvest Research Headlines - 10 Aug 2017
10-Aug-2017 Mplus Market Pulse - 10 Aug 2017
21-Nov-2016 TA + TAGB:第二代接班 川普总统加持
10-Nov-2016 TA and TAGB: The 2 stocks that took the brunt from Trump's almost failed election - felicity
09-Nov-2016 Perhaps the one Malaysian company that gains the most from Trump's presidency - felicity

Business Background

TA Global Berhad (TA Global) is an investment holding company. The Company is engaged in a diversified range of property services, which includes property development, property investment, construction and property management in Malaysia. Its hospitality division includes the Radisson BLU Hotel in Sydney, Westin in Melbourne, Swissotel Merchant Court in Singapore, Aava Whistler Hotel in Whistler and Swissotel in Kunshan, China. It operates in five segments: investment holding, which includes provision of funding and investment related services; finance and related services, which includes provision of finance and related services; property investment, which includes investments in residential and commercial properties; property development includes development of residential and commercial properties, and hotel operations, which includes operation of hotel and related services. On August 17, 2010, it acquired Quayside Gem Limited. On November 8, 2010, TA Global acquired Quaywest Ltd.
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  3 people like this.
 
luckypunting If not mistaken, all assets from the company were valued many-many years ago with stone age price :p .....

Today, with inflation multiples, commodities prices up .... wonder why Datuk don't want to revalue company assets like all other Property companies?? Want to keep NTA as low as possible??

Luckily they decided to sell the Aussie land and cash in, de-gear and bring down debt ratio ..
16/08/2017 20:00
singh1 Next catalyst could be TA3 & TA4 development beside klcc with target launch at end 2017 or early 2018. The AUD$100M/= to be set aside from sale of little bay could be reserved for the hotel in this development. Looking forward to the launch.
16/08/2017 21:52
villa1668 Recurring income is very important for TAGB, property development or lands disposal to unlock the value are bonus for us. Invested in TAGB, u get recurring income + bonus. Think like an owner before u decided to sell it.
16/08/2017 23:11
villa1668 While you all are sleeping at this hour, Dato Tiah still awake to do trading in USA market. We sleep about 6 to 7 hours daily, but do u know that Dato Tiah sleep about 3-4 hours a day? Understand that trading can be win or loss, but we cannot blame to anyone. We have to fully support all the board of directors and trust Dato's investment skills. Dato' always said during AGM, if you think that you can find someone who can outperform him, please introduce the person to TA, we will hire the person.
16/08/2017 23:27
villa1668 Dato said this during AGM last 3 years. "Our lands are irreplaceable. For example, we bought a land in KLCC area about 400-500 psf, and it is selling more than 2000 psf, a lot of buyers asking the price for the land and we can sell it easily if we want to. We don't sell it because KLCC is a Malaysia orchard road(Singapore) and we want to build it as a recurring income. It is a matter of price when we started to launch TA3&4"
16/08/2017 23:41
samsambank Anzo started consolidating two days ago. Buy Anzo for possible 100% profit in one month.
16/08/2017 23:45
villa1668 Room occupancy in Westin Melbourne expected to drop due to a railway works just in front of the hotels. Anyhow, TAGB have entered an agreement with the authority, TAGB will get compensation if it really impact to Westin Melbourne.
16/08/2017 23:49
singh1 Max Foo It is possible insiders are buying with quarterly results announcing soon. It is also possible that a second wave came in after T+3, as soon as contra players finish selling out. Let's hope for a steady climb.
Villa Bro thanks for the info.
17/08/2017 01:22
dadada123 .385 now. Come on baby
17/08/2017 09:25
luckypunting Wow!! Another surge this morning .... looks like value investors going in now .... wave after wave :D
17/08/2017 09:28
luckypunting I think Datuk purposely don't want to revalue TAGB assets, at least for now .... If you compare the other Property/REIT company with similar value land bank owning and rental income, TAGB NTA is damn low ... not many people see this I guess.....

And TAGB biz model is a bit funny ... it is combination of REIT and Property Development ... if the model is successful, it will generate huge cash each year :p .... potential spin IPO of TAGBREIT :D
17/08/2017 09:40
supersamy http://www.bursamalaysia.com/market/listed-companies/company-announcements/5517893

well...0.40 is ginna hit soon
17/08/2017 17:57
hopetobecorrect Wow, Tony tiah bought 9m plus shares today. I believe this is the biggest one day purchase done by him.
If investors are still not convinced with TAGB, .......
17/08/2017 17:59
Lele Big Boss acquired from the open market

Total no of securities ( as at 17th Ogos 2017 / Date announced 17th Ogos 2017 )

a ) In TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

b ) In TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 9.089% / Indirect 19.1223% )
~ Mr. Tiah Joo Kim ( 5.003% )
~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2783113
17/08/2017 18:33
luckypunting Datuk today purchased 9,126,800 shares, average @0.3807, total cost = RM3,474,572.76 .... Wow!! 3mil in a day just like that .... what he can see in this company and other cannot?
17/08/2017 20:36
singh1 Golden Eggs !! Ha! Ha!
17/08/2017 21:15
nicnic - warrant expired on month end
- quarterly result announce somewhere before month end
- call warrant expired on oct
- little bay profit est to be captured and reflected at quarterly result released on nov.

Good to believe, the shares will climb to the max by this year.
18/08/2017 09:35
singh1 nicnic little bay deal to close at year end, will show in feb 2018 announcement.
18/08/2017 10:23
singh1 If this quarterly results can give small ang pow syiok lah. Every quarter pay some dividend will attract a lot of investors. Share price will be higher and more steady.
18/08/2017 10:28
hopetobecorrect If this quarterly results can give small ang pow syiok lah. Every quarter pay some dividend will attract a lot of investors. Share price will be higher and more steady.

SINGH1, i don't think the above will happen even though i hope for it too
18/08/2017 11:40
luckypunting Wah....after 12:13pm today...suddenly someone was sapu-ing the shares ... is Datuk going crazy today AGAIN? :D
18/08/2017 13:54
notebook hotel semua siap, tauke tiah mau bring it to TA Reit liao.
18/08/2017 14:20
villa1668 Datuk Tiah acquired 3,000,000 units again.
18/08/2017 17:41
Lele Datuk Tiah acquired from the open market

Total no of securities ( as at 18th Ogos 2017 / Date announced 18th Ogos 2017 )

a ) In TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

b ) In TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 9.145% / Indirect 19.1223% )
~ Mr. Tiah Joo Kim ( 5.003% )
~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2783490
18/08/2017 18:00
villa1668 Lele, u still holding any tagb or ta?
18/08/2017 18:02
singh1 notebook It is a guessing game now. The cards will be revealed in 2 weeks. If you have inside knowledge please share.
18/08/2017 19:57
Lele According to a news report in 2010, TAGB has the intention of a REIT. If it realized, my view is development of TA3 and TA4 will be related.

http://www.thestar.com.my/business/business-news/2010/06/24/reit-an-option-for-ta-says-ceo/
19/08/2017 12:41
Bull13 The TRUMP brand is a double edged sword. Charities and events are pulling out of the Mar-a-lago resort. Dont put too much hope in it.
19/08/2017 15:40
hopetobecorrect TAGB owned 7 hotels of 4-5 stars rating with total of 1948 rooms. Trump Vanvouver has 147 rooms
20/08/2017 12:58
singh1 Trump hotel vancouver room rates gone up about 50% since opening. Maybe it is seasonal but it looks encouraging. I wouldn't worry as the city is largely populated by Asians. Most of them don't care about what is happening in the U.S. Cheers!!
20/08/2017 21:35
singh1 TA3 & TA4 will be linked to Menara TA just the way Trump Vancouver is linked to BC Fortis (TAGB owned commercial building next door). The benefits are great. The halls are used for weddings and conferences. Just simply wonderful.
http://www.skyscrapercity.com/showthread.php?t=482186&page=8

Launch should be in the next few months.
20/08/2017 23:57
Lele According to the TAGB Annual Report 2016
( Will the project go as per report ~ page 27 )

C. TA 3 & 4, Kuala Lumpur : -

Situated on a 2.47 acre prime parcel adjacent to the Group’s headquarters in downtown Kuala Lumpur, TA 3 & 4 will have twin towers of Tower 1 : 61-storey and Tower 2 : 65-storey respectively located above a 10-storey podium featuring a 5-star full-service hotel and apartments. The development has been envisioned on Tower 1 as a 384-room 5-star hotel with 308 luxury serviced apartments located above and on the opposite, Tower 2 will be 269 branded luxury private residences. TA 3 & 4 is aimed at creating an experience for both travelers and home owners that has not yet been seen or felt before in Kuala Lumpur.

In FY2017, TA 3 & 4 will be one of the key drivers of revenue for TAG. With a combined GDV for the Serviced Apartments and Private Residences of RM2.15 billion, the project will catalyse the surrounding areas with more footfall and will complement TAG’s adjacent office property Menara TA One. Its strategic location opposite the Kuala Lumpur Twin Towers retail frontage entrance in Kuala Lumpur City Centre has garnered significant eager interest amongst both local and foreign investors. We expect to register good sales when we roll out the 308 luxury serviced apartments of Tower 1 for sale in the 2nd half of 2017.

The Piling and Basement Carcass Works will be completed in 4th Quarter of 2017 and the Main Building Works are expected to commence shortly thereafter. The Company has signed an exclusive Early Contractors Involvement Agreement to facilitate the construction of the Main Building Works which is expected to complete in 2020.
21/08/2017 10:55
singh1 Looking forward to it. I believe the hotel will be TAGB's own brand. Maybe AAVA Kuala Lumpur, same as fully owned AAVA Whistler. Lets see.
21/08/2017 11:13
Lele It is a gamble now. The most important thing is to see how Datuk Tony Tiah will give back to the small shareholders in short term and long term.
21/08/2017 11:37
chang24 Wow, looks like things are progressing well for TA 3 & 4. Thanks singh1 for sharing.
21/08/2017 12:43
nicnic This week quarterly result released?
Still analyzing can this counter shoot up to RM1.00 by year end.
Someone? Any thoughts?
21/08/2017 16:19
PenguinDad nicnic do you think it can go to RM1.00?
21/08/2017 16:54
PenguinDad TAGB is asset rich and high gearing. What is the value for anybody to push it up to RM1.00? Good earning and better dividend or other incentive that is some of the factors to push the price to next level. Have you see anything like this happening?
21/08/2017 16:58
Lele Datuk Tiah acquired 3,500,000 units at price transacted RM0.38821 from the open market

Total no of securities ( as at 21st Ogos 2017 / Date announced 21st Ogos 2017 )

a ) For TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2778393

b ) For TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 9.211% / Indirect 19.1223% )
~ Mr. Tiah Joo Kim ( 5.003% )
~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2783879

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2783877
21/08/2017 19:30
singh1 Chang24 nice to hear from you.
TT (Tony Tiah) now starting to bite on 39 sen. RM1.00 is long ways to go. Hoping for short term target of 42 to 45 sen by August end.
If end of 2018 can achieve 70 - 80 sen will be great.
21/08/2017 20:18
fatty_tang this guy has been buying since forever...
21/08/2017 20:18
hopetobecorrect If only Tony Tiah is buying, I don't think the price will move up a lot. Unless investment funds and more private investors are convince with what he is doing put their money in TAGB, the likelihood of reaching 0.80 looks tough.
22/08/2017 08:39
singh1 Agreed. The hope is in higher dividends or the setting up of a REIT.
22/08/2017 08:43
PenguinDad singh1, agree with you. Higher dividend is more like then REIT.
22/08/2017 08:58
RVI123 Setting up REIT will help TAGB to realise its hidden values. The MD has mentioned a few years back that they will set up REIT when the timing is right.
22/08/2017 08:59
singh1 PenguinDad With REIT the benefit is TAGB will pay a lower tax, there will be more for distribution. Payout got to be higher than 90% of net profits to qualify for REIT status and a lower tax bracket.
22/08/2017 09:42
singh1 Finally the buying interest is switching to TA Ent. The gap is too wide.
22/08/2017 09:44
Lele The most important thing is to see how Datuk Tony Tiah will give back to the small shareholders. If Tony doesn't give it to you there's nothing you can do about it.
22/08/2017 10:17
villa1668 Let see how the 2nd half today. Close @ 0.39 is not problem.
22/08/2017 13:09
luckypunting If Datuk want to get Institution Fund Managers to own TAGB, then he needs to understand what are the criteria for fund manager to own a stock :D
22/08/2017 13:15


 

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