Grova1Does anyone have any idea about this counter? Personally I think this counter is worth a shot for long-term investment as this company owns a lot of lands at prime locations at the heart of KL. Do you think the land bank could actually be translated into revenue in the near future?
villa1668I have a same opinion with u...TAGB have a great potential growth.
imoogi99Another good revenue, profit and dividend will attract interest from the analyst and investor.
Grova1Totally agree. The longer they keep the lands in KL, the higher the price of the units they could sell once they have developed the lands. And the EPS and ROE of the counter is on an uptrend, coupled with the increasing NAPS over the years, I think this is a counter with durable competitive advantage. The company not only has a lot of lands at prime locations in KL, it also has a prominent presence in the sector of hospitality worldwide. Hope the hospitality business could provide the company with continued revenue despite the headwind in the sector of Malaysian property now.
villa1668Quality recurring income is very important for company especially during economy uncertainty...Hotel in Australia, Kushan, Canada, Singapore & Phuket, all provided recurring income to TA Global...Don't forget Menara TA, can collect rental office from tenants as well...TA Global still is a young company need to grow....
SentulMaliRubbish counter. BOD doesn't know what the coy wants to do. Developer? Property Investment? Hotel? Money lending? Even qtrly reporting is confusing. Investment holding make forex losses bcos of borrowings in S$. How can this happen if these reborrowings are for S$ investment.Then if forex loss in borrowings, there should be forex gain in investment holdings lah.