Dear Fellow Investors of i3 Forum,
Today is the 6 more days to March 1st 2018 - A New Begiining for Stock Brokering Firms of Malaysia as Govt offers New Catalysts for Retail Trading in Bursa
The removal of stamp duty for 2nd & 3rd liners, the ease of margin for more liquidity; the allowance of short selling individual stocks in KLSE. And towards early 2019 the JV with SGX in cross border trading of shares.
I have picked TA & INSAS because of 2 factors:
Their Price To Asset Value at Deep Discount. And their impressive earning growth
Below are the 9 months Growth Figures of TA & INSAS
TA ENTERPRIZE (Table of content)
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2017
|
30 Sep 2016
|
30 Sep 2017
|
30 Sep 2016
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
346,136
|
174,543
|
966,183
|
542,598
|
2 | Profit/(loss) before tax |
111,158
|
97,846
|
313,009
|
7,108
|
3 | Profit/(loss) for the period |
108,366
|
90,072
|
300,467
|
-10,836
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
78,850
|
78,790
|
232,961
|
-18,720
|
5 | Basic earnings/(loss) per share (Subunit) |
4.61
|
4.60
|
13.61
|
-1.09
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.5000
|
1.3900
|
As you CAN SEE from the above figures TA's 9 months' results showed a Revenue of Rm966 Millions & a Profit of Rm300 Millions
That is 31% Growth Rate.
At at 64 sen with NAV of Rm1.50 TA is selling at a Huge Discount of 58% to NTA.
Next is INSAS Bhd
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2017
|
30 Sep 2016
|
30 Sep 2017
|
30 Sep 2016
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
92,738
|
51,871
|
92,738
|
51,871
|
2 | Profit/(loss) before tax |
41,828
|
61,699
|
41,828
|
61,699
|
3 | Profit/(loss) for the period |
39,396
|
58,480
|
39,396
|
58,480
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
39,475
|
58,586
|
39,475
|
58,586
|
5 | Basic earnings/(loss) per share (Subunit) |
5.95
|
8.84
|
5.95
|
8.84
|
6 | Proposed/Declared dividend per share (Subunit) |
1.00
|
1.00
|
1.00
|
1.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
2.4100
|
2.3400
|
9 months' Revenue is Rm92.7 millions & profi is Rm 39.3 millions or a Nice 42% growth rate.
At 91.5 sen with NAV of Rm2.41 INSAS IS SELLING AT A HUGE DISCOUNT Of 63% TO NTA
And the dividend yield of TA is 1.7 sen & INSAS is 1 sen
So at 64 sen TA dividend yield is 2.6% while INSAS at 91.5 sen has a dividend yield of 1.1% (assuming that the last 3 months do not report any extra dividend)
Now I have both TA & INSAS shares. Which will move more in future months & years?
At this juncture it is hard to tell. TA is backed by High Net Assets with reasonable borrowings. It has its loans by TAGB which is more like a Reit. So there is inbuilt stability. TA also has Investment in Securities
TA has
PPE( Property Plant & Equipment) of Rm2.5 Billions
Rm532 millions in Investment properties
Rm586 Millions Development Lands
Rm326 million investment securities (non current)
So total Rm3.85 Billions in Assets while debt is Rm3 billions.
So the debt is backed by Solid Real Assets.
And another Rm800 Millions Investment in securities under curent assets. (Including non current is Rm1.1 Billlions)
TA also has a Huge Cash Hoard of over Rm1 Billions
Whereas INSAS has less gearing. It has a strong growth stock in INARI Shares. And businesses in Car Rental & Others
INSAS borrowings amount to just over Rm300 millions. But INSAS PPE & Investment properties amount to over Rm350 millions.
INSAS also has financial assets & investment in associates over Rm600 millions. It has also an impressive Rm600 millions Cash Hoard
SO BOTH TA & INSAS ARE BACKED BY INVESTMENTS IN PROPERTIES, INVESTMENT IN ASSOCIATES, INVESTMENT IN SECURITIES & ALSO HUGE CASH HOARD AS RESERVES.
Now I like this best.
What is it?
Both TA & INSAS have little Inventories
TA has Rm55 millions in Inventories
INSAS has only Rm14 millions in Inventories
Unlike Steel, Cement, Furniture, Consumer Goods & other Compnaies Keeping Huge Amount of Inventories Both TA & INSAS have little depreciation from Obsolete Inventories
Now let's Visit A Typical Stock Brokering Firm
What do you see?
1) Ha! Some Old Computers very outdated. In one Branch (I won't name name) One Johor Buddy collects Old Computers & sell to China. I asked him, "How much would you pay for these old computers?"
He replied, "I think about Rm5 to 6 ringgit each"
And then he resold them to China. Now bad news. China banned import of old computers, old scrap plastic waste as well as waste papers.
Now let's see. Aircond fittings? Furniture? Ha! Some brokering firm don't provide chairs. Oh boy! One in JB town we have to bring our own chairs?
Of course in RHB Melaka Branch you will see Huge Electronic Board. That's where crowd of old senior people gather in Melaka. They have one very huge one in KL RHB HQ. Now in Seremban only Pm Security has Electronic Notice Board Display. So huge crowd are found in Pm Security, Seremban. Last time I visit TA Security in IPOH, Perak. Huge Crowd of Old People there from entrance to the back. Fully packed jammed with Old Senior people. Wonder how's Ipoh TA Trading Romm now?
Aha!
As you can see. All the Stock Brokering Firms have very little Inventory costs. Only old computers, Some with chairs, and some don't even provide chairs, and old tables and old desks of umpteen years ago.
SO THIS IS A MONEY MAKING MACHINE WITH LITTLE EXPENSES.
That's Why TA makes 31%, INSAS 42% and Bursa also make 42% profits.
No wonder Warren Buffet loves Insurance Companies, Banks & Especially Investment Banks
Warm Regards
Calvin Tan Research
Singapore
Chart | Stock Name | Last | Change | Volume |
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Created by calvintaneng | May 04, 2024
Created by calvintaneng | May 02, 2024
Created by calvintaneng | Apr 29, 2024
Created by calvintaneng | Apr 27, 2024
Now if you have honestly and diligently followed all Calvin buy calls you would have also bought all these
1) PM CORP - 3 times up 100%
2) Super Enterprize (Up 200% & taken private)
3) TheStore (Up 50% and taken private)
4) KULIM (UP 60% and taken private)
5) Pohuat (Power huat) up 200%
6) MyEG (My Emas Gold) Up 100%
7) Nylex (Up 60%)
8) Kheesan (Up 80%)
9) SILK (Up 200%0
10) Jerasia (Up 100%)
11) Padini (Up 200%)
12) Drb Up 100%
13) DRB C39 (Up 200%)
14) Ipmuda (Limit Up)
15) Waseong (Up 100%)
16) SkbShutters (Up 80%)
17) TaWin (Up 200%)
18) Ajiya (Up 100%)
19) TMakmur (Up 38% and taken private)
20) Wangzng (King of Fortress) Up 200%
21) Jaks (Up 300%)
22) KPSCB (Up 40%)
23) Prestar (But it before it turns into a Star) Up 200%
24) Masteel (Masteel of long steel) Up 150%
25) Southern Steel (Up 120%)
26) Mphbcapital (Up 30%)
27) Insas (Up 40%)
28) Insas warrant (Or insane warrant. Up 120%)
29) AZRB (A to Z also have) Up 100%
30 AZRB warrrant (Up 180%)
31) HtPadu (Ht SAPU all Govt jobs) Up 80%
32) Pantech (Up 30%)
33) JTiasa (Up 30%)
34) ASB (A sure buy (Up 70%)
35) Ipmuda (Limit up 120%)
36) Mj Perak (Up 80%)
37) CSCSteel (Up 12%)
38) Dutaland (Buta buta beli duta nanti dapat juta) Up 60%
39) BPlant (Bank Plant) Up 20%
40) Carimin (Up 20%)
41) FACBIND (Up 40%)
42) Harrison (Hurry son) Up 25%
43) Maybulk (Up 80%)
44) Mahsing (the singing horse) Up 20%)
45) Ntpm (Up 25%)
46) Notion (Up 50%)
47) KKB (Up 40%)
48) CMSB (Up 20%)
49) Supermax (Up 100%)
50) POS (up 50%)
51) Priceworth (worth it) Up 100%)
52) RceCap (Best of Banking) Up 100%
SEE. Dr Neoh Soon Kean of Dynaquest said if you can pick 70% out of 100% accurate you should be Ok.
So if you check all Calvin stock pick VERY CAREFULLY you will see more than 70% eventually Chun Chun hit bulls eye!
So far I have stocks making 100%, 200% & 300%
6 Stocks were taken private
1) Super Enterprize
2) Kulim
3) TMakmur (Land of prosperity)
4) Wangzng (King of fortress ) This one exceeded
5) TheStore
6) Weida (latest proposal)
And so far not even one stock has gone bankrupt. The maximum loss in one stock is 100%
See Jaks made 300%, Prestar 200%, Super Enterprize made 200%, Pohuat (200%). Either of these stocks can cover 2 total loss
SO FAR NONE IN TOTAL LOSS YET
SO PLEASE OPEN YOUR EYES AND SEE.
Calvin = Call Win
NEXT WILL BE TA ENTERPRIZE!!!
2018-02-25 14:27
spagetti http://www.thesundaily.my/news/2018/02/05/bursa-malaysia-expects-2018-...
more ipo means more business to them as underwriter.
24/02/2018 22:38
YOU ARE CORRECT!!
MORE IPO EQUALS MORE BUSINESS FOR TA & INSAS
2018-02-25 14:30
Now if you have honestly and diligently followed all Calvin buy calls you would have also bought all these
1) PM CORP - 3 times up 100%
2) Super Enterprize (Up 200% & taken private)
3) TheStore (Up 50% and taken private)
4) KULIM (UP 60% and taken private)
5) Pohuat (Power huat) up 200%
6) MyEG (My Emas Gold) Up 100%
7) Nylex (Up 60%)
8) Kheesan (Up 80%)
9) SILK (Up 200%0
10) Jerasia (Up 100%)
11) Padini (Up 200%)
12) Drb Up 100%
13) DRB C39 (Up 200%)
14) Ipmuda (Limit Up)
15) Waseong (Up 100%)
16) SkbShutters (Up 80%)
17) TaWin (Up 200%)
18) Ajiya (Up 100%)
19) TMakmur (Up 38% and taken private)
20) Wangzng (King of Fortress) Up 200%
21) Jaks (Up 300%)
22) KPSCB (Up 40%)
23) Prestar (But it before it turns into a Star) Up 200%
24) Masteel (Masteel of long steel) Up 150%
25) Southern Steel (Up 120%)
26) Mphbcapital (Up 30%)
27) Insas (Up 40%)
28) Insas warrant (Or insane warrant. Up 120%)
29) AZRB (A to Z also have) Up 100%
30 AZRB warrrant (Up 180%)
31) HtPadu (Ht SAPU all Govt jobs) Up 80%
32) Pantech (Up 30%)
33) JTiasa (Up 30%)
34) ASB (A sure buy (Up 70%)
35) Ipmuda (Limit up 120%)
36) Mj Perak (Up 80%)
37) CSCSteel (Up 12%)
38) Dutaland (Buta buta beli duta nanti dapat juta) Up 60%
39) BPlant (Bank Plant) Up 20%
40) Carimin (Up 20%)
41) FACBIND (Up 40%)
42) Harrison (Hurry son) Up 25%
43) Maybulk (Up 80%)
44) Mahsing (the singing horse) Up 20%)
45) Ntpm (Up 25%)
46) Notion (Up 50%)
47) KKB (Up 40%)
48) CMSB (Up 20%)
49) Supermax (Up 100%)
50) POS (up 50%)
51) Priceworth (worth it) Up 100%)
52) RceCap (Best of Banking) Up 100%
SEE. Dr Neoh Soon Kean of Dynaquest said if you can pick 70% out of 100% accurate you should be Ok.
So if you check all Calvin stock pick VERY CAREFULLY you will see more than 70% eventually Chun Chun hit bulls eye!
So far I have stocks making 100%, 200% & 300%
6 Stocks were taken private
1) Super Enterprize
2) Kulim
3) TMakmur (Land of prosperity)
4) Wangzng (King of fortress ) This one exceeded
5) TheStore
6) Weida (latest proposal)
And so far not even one stock has gone bankrupt. The maximum loss in one stock is 100%
See Jaks made 300%, Prestar 200%, Super Enterprize made 200%, Pohuat (200%). Either of these stocks can cover 2 total loss
SO FAR NONE IN TOTAL LOSS YET
SO PLEASE OPEN YOUR EYES AND SEE.
Calvin = Call Win
NOW COUNTDOWN TIME TO TA & INSAS SUPER THEMATIC PLAY TIME
25
26
27
28
1ST MARCH
5 DAYS ONLY!!!!
2018-02-25 14:33
Posted by newbie911 > Feb 25, 2018 02:45 PM | Report Abuse
Mind to share your winning rste in average Mr Calvin?
Newbie
I need to tabulate.
Now it's better to concentrate on what's coming ahead
This March 1st 2018
New Catalyst will begin for all Stock Brokerages
SO BETTER LOOK AHEAD TO TA & INSAS AS THEY WILL BENEFIT THE MOST
2018-02-25 14:51
flyingdoc http://www.mas.gov.sg/News-and-Publications/Media-Releases/2018/Malays...
25/02/2018 10:08
Thank you flyingdoc for posting this link from Spore MAS
Yes these are the steps
1) KLSE Cross Border Trade with Spore SGX first
2) Then Trading Links with ASEAN 10 (About 620 Million people). That is 20x more people than Malaysia's 30 million population
3) In future. Link with Hong Kong Bourse
4) Then China's Shenzhen & Shanghai (1.37 billions)
5) Much later with India (1.32 Billions)
6) Possible linkage with Arab nations as Malaysia turns into World Islamic Finance Leader
7) And also Australia, N Zealand in South. Up north got Taiwan, Korea & Japan
8) And since TPP 11 Nations will sign Free Trade. So more to come
9) Then with Euro countries
10) And finally in a truely connected seamless world like we already got www (world wide web) USA & the rest of the world will join in as ONE.
So TA ENTERPRIZE has the World as Its Trading Platform
2018-02-25 14:54
now clown @calvintaneng is also having multiple personality disorder.
at least be more creative in ur nick like orange88, clown @calvintaneng.
tanengyee58 is so easily recognizable as clown @calvintaneng.
lol..........
2018-02-25 14:54
so if i just put a post in a sub-forum like clown @calvintaneng, can i also claim that i make a buy call????
remember ur jcy call, clown @calvintaneng?????
lol............
2018-02-25 14:55
seems like i have driven clown @calvintaneng so mad that he has degenerated into another orange88.
remember to take ur medication for hallucination, clown @calvintaneg.
we dont want to see another 12 clones like orange88.
lol...........
2018-02-25 15:01
or is it possible that orange88 and clown @calvintaneng has mixed into each other????
lol..........
2018-02-25 15:02
See how Calvin's chun chun call on Prestar at 46 sen?
Prestar or Pre-Star. Buy it before it turns into a shining Star
PRESTAR DOUBLED IN PRICE
https://klse.i3investor.com/servlets/forum/800001769.jsp?ftp=35
Don't be distracted by naysayer now
TA ENTERPRIZE WILL BE ANOTHER SHINING STAR!!!
2018-02-25 15:08
all we know is that ur stock picks for last yr all went south.
so do u know what is hdd????
lol.............
2018-02-25 15:09
SO MANY GREAT STOCKS
MANY MADE FROM 50% TO 300% PROFITS
SEE THEM ALL ONE BY ONE
Now if you have honestly and diligently followed all Calvin buy calls you would have also bought all these
1) PM CORP - 3 times up 100%
2) Super Enterprize (Up 200% & taken private)
3) TheStore (Up 50% and taken private)
4) KULIM (UP 60% and taken private)
5) Pohuat (Power huat) up 200%
6) MyEG (My Emas Gold) Up 100%
7) Nylex (Up 60%)
8) Kheesan (Up 80%)
9) SILK (Up 200%0
10) Jerasia (Up 100%)
11) Padini (Up 200%)
12) Drb Up 100%
13) DRB C39 (Up 200%)
14) Ipmuda (Limit Up)
15) Waseong (Up 100%)
16) SkbShutters (Up 80%)
17) TaWin (Up 200%)
18) Ajiya (Up 100%)
19) TMakmur (Up 38% and taken private)
20) Wangzng (King of Fortress) Up 200%
21) Jaks (Up 300%)
22) KPSCB (Up 40%)
23) Prestar (But it before it turns into a Star) Up 200%
24) Masteel (Masteel of long steel) Up 150%
25) Southern Steel (Up 120%)
26) Mphbcapital (Up 30%)
27) Insas (Up 40%)
28) Insas warrant (Or insane warrant. Up 120%)
29) AZRB (A to Z also have) Up 100%
30 AZRB warrrant (Up 180%)
31) HtPadu (Ht SAPU all Govt jobs) Up 80%
32) Pantech (Up 30%)
33) JTiasa (Up 30%)
34) ASB (A sure buy (Up 70%)
35) Ipmuda (Limit up 120%)
36) Mj Perak (Up 80%)
37) CSCSteel (Up 12%)
38) Dutaland (Buta buta beli duta nanti dapat juta) Up 60%
39) BPlant (Bank Plant) Up 20%
40) Carimin (Up 20%)
41) FACBIND (Up 40%)
42) Harrison (Hurry son) Up 25%
43) Maybulk (Up 80%)
44) Mahsing (the singing horse) Up 20%)
45) Ntpm (Up 25%)
46) Notion (Up 50%)
47) KKB (Up 40%)
48) CMSB (Up 20%)
49) Supermax (Up 100%)
50) POS (up 50%)
51) Priceworth (worth it) Up 100%)
52) RceCap (Best of Banking) Up 100%
SEE. Dr Neoh Soon Kean of Dynaquest said if you can pick 70% out of 100% accurate you should be Ok.
So if you check all Calvin stock pick VERY CAREFULLY you will see more than 70% eventually Chun Chun hit bulls eye!
So far I have stocks making 100%, 200% & 300%
6 Stocks were taken private
1) Super Enterprize
2) Kulim
3) TMakmur (Land of prosperity)
4) Wangzng (King of fortress ) This one exceeded
5) TheStore
6) Weida (latest proposal)
And so far not even one stock has gone bankrupt. The maximum loss in one stock is 100%
See Jaks made 300%, Prestar 200%, Super Enterprize made 200%, Pohuat (200%). Either of these stocks can cover 2 total loss
SO FAR NONE IN TOTAL LOSS YET
SO PLEASE OPEN YOUR EYES AND SEE.
Calvin = Call Win
NEXT WILL BE TA ENTERPRIZE!!!
2018-02-25 15:10
Hopefully, you take this as constructive criticism.
First of all, for both of the company you mentioned, using GROWTH RATE as a measure is RIDICILOUS. The nature of these companies earnings fluctuates, cherry picking the current earnings to make the story is deceiving the less informed crowd. A proper analysis will be showing Cash Generation annually and AVERAGE earnings in a 5-year period. You should not cherry-picked figures to make things look good.
Secondly, you used NTA as a gauge of undervaluation. I have no problem with this but I believe the way you write is purely deceiving. There are 100+ companies in Malaysia alone with NTA that are 2x of their market capitalization, in your words, HUGE DISCOUNT. This obviously does not tell much to those reading your article, if it does, there would be so many easy opportunities to make money, close to a free lunch.
To those reading this kind of articles with a very "light" analysis, I strongly suggest you to take it with a grain of salt if you could easily double check his/her facts in 5minutes. With this article, you obviously can:
1. GROWTH RATE. (malaysiastockbiz)
2. NTA. (Open most recent QR)
These were the 2 "big" takeaways suggested here.
*** it actually just took me 1 minute.
Regarding some follow up take on NTA, it is good that you at least bring up DEBT into the picture. It will be better and straight to the point if the analysis mentioned the NET LIQUID ASSETS, the main worry for NTA way of investing is whether the company can cover their debt. There are obviously more concerns than these simple takes.
2018-02-25 15:15
being the clown @calvintaneng he is, he is too ignorant to analyze properly.
so after bringing up his flawed analysis, just make fun of him.
2018-02-25 15:25
I AM SURPRISED YOU TOOK ONE MINUTE BRIEF LOOK AND PASSED JUDGEMENT
LAST TIME IN YEAR 2012 IN ISKANDAR
I RECOMMENDED PM CORP TO A STOCK BROKER WHEN IT WAS 9 SEN IN BKT INDAH
HE TOOK A VERY BRIEF LOOK AT PM CORP LAST FEW QUARTERS EARNINGS.
HE SAW LOUSY EARNINGS & CONCLUDED PM CORP WAS A RUBBISH
HOW WRONG WAS HE!
PM CORP SOLD ONE FACTORY IN SINGAPORE & LATER GAVE A CASH PAYOUT OF 8 SEN
AND BY NEXT YEAR IN 2013 PM CORP SHARE PRICE ROSE TO 36 SEN FOR A 300% PROFIT
THIS GUY MISSED IT.
NOT ONLY THAT ONE DAY THE VERY BROTHERAGE FIRM HE WAS IN CLOSED SHOP!
SO HE PAID AN EXPENSIVE PRICE BY MISSING A HIDDEN GEM AND TOLD HIS CLIENTS TO CHASE THE HOT STOCK OF THE TIMES
2018-02-25 15:37
AS TO CASH FLOW TA IS JUST LIKE HARRISON PLANTATION WHICH I BOUGHT AT RM1.40 LAST TIME
HARRISON PLANTATION AT RM1.40 HAD AN NTA OF OVER RM3.00. THIS WAS JOHOR SIFU FAVOURITE COUNTER
BUY WHY CASH ALL TIED UP AND SO LITTLE DIVIDEND GIVEN. THE REASON WAS HARRISON NEEDED ALL THE AVAILABLE CASH TO EXPAND INTO ALL THE INTERIOR, NOOKS AND CORNERS OF SABAH AND SARAWAK
AT LONG LAST HARRISON DECLARED A NICE 25 SEN DIVIDEND AND PRICE CROSSED RM4.00
SO JUST WAIT.
ONE FIND DAY TA MIGHT FOLLOW PUBLIC BANK OR MAYBANK IN GIVING OUT BETTER DIVIDENDS
2018-02-25 15:50
as per usual, clown @calvintaneng is hallucinating again.
how can a property company give better dividend than a bank?????
lol.........
2018-02-25 15:58
Fabien Extraordinaire Calvin,
There are plenty of missing points here....
For example
1) Sale of Little Bay Cove in Sydney
2) Landbank opposite KLCC (BV of 716/sq ft v. MV of above 3500/sq ft)
3) Bukit Bintang land (BV of 682/sq ft)
4) Hotel portfolio
i) Radisson Plaza, Sydney (5 star)
ii) Westin, Melbourne (5 star)
iii) Aava Whistler, Canada (4 star)
iv) Swissotel, Singapore (4 star)
v) Swissotel, Kushan, China (5 star)
vi) Movenpick, Phuket (5 star)
5) Trump tower
17/02/2018 10:58
YES!
You are correct!
There is lots more about TA ENTERPRIZE
Just like you need 3 days to visit all the Fun places in Universal Studio, USA.
So 2 or more articles are needed to see THE COMPLETE PICTURE OF TA
So coming up next will be
1) The Story of TA (Tony & Alicia). Tony's got his wealth from his father who was the MP for Mersing. But it was the business acumen of Alicia who made TA great
2) How they sent their son to USA, Australia & Spore for studies. From there they invested in real estate assets. So the spin off of TA Global
These and more will come up later
Btw
At the Depth of the Asian Financial Crisis TA ENTERPRIZE survived with
RM1 BILLIONS IN CASH. As told me by Jason Tan, the Finance Director of TA then.
TSVT of Bj Corp wanted to borrow money but was turned down as TA was then on a very frugal stringent cost cutting measure.
All these news and more
Coming up later by
Calvin Tan Research
Stay tuned for more......
2018-02-25 16:11
BABYJOETAY WONDERED HOW COULD PROPERTY GIVE OUT GOOD DIVIDEND
SEE CALVIN CHUN CHUN CALL ON TMAKMUR (LAND OF PROSPERITY)
TMAKMUR GAVE 8.5% DIVIDEND. EVEN EASTSPRING FUND ALSO JOINED CALVIN BUY TMAKMUR
SEE
TMAKMUR -DIVIDEND 8.5%. UNDULY SOLD DOWN PRESENTS BUYING OPPORTUNITY!!
Author: calvintaneng | Publish date: Fri, 15 Jan 2016, 02:44 PM
Last time in year 2006 Public Bank bought into China Banking Operations.
Rumour spread that Public Bank Overpaid for its foray into China.
At the negative news Poblic Bank was unduly Sold down to near Rm5.60
I queued to buy at Rm5.50 (just 10 cenrts short).
Aiyoo. It didn't fall to my purchase price of Rm5.50. Rm5.66 was the lowest and to my everlasting regret Public Bank Flew to cross Rm20.00 later.
You better don't miss TMAKMUR now in this time of Oversold.
TMakmur is giving a nice 12 cents Dividend. That means an 8.5% Yield. Almost twice the Bank FD Rate.
Question is.
Is the dividend sustainable?
YES! Why Not?
The recent ban is on new mining - Delivery and Export from Stockpile continues. SO CASH IS STILL FLOWING IN.
When bauxide mining resume Expect Even More Profits after all the illegal miners have been banned and put away. REVENUE AND PROFITS WILL EXPLODE UPWARD.
AND THIS IS THE YEAR OF EL NINO. THE CASH CROP OF OIL PALM WILL ALSO BRING IN ADDED WINDFALL.
SO AS VALUE INVESTORS WE MUST LOCK INTO UNDERVALUE SHARES NOW.
TMAKMUR IS ALSOI A HIGH DIVIDEND SHARE AT 8.5% - 2nd highest after Tasek Cement.
A cow for its milk
and bees for their honey
A share by golly,
For its diviidend, of course!
One MayBank Lady Boss bought 50,000 shares of Tmakmur for its dividend. You see. Keeping money in the bank is not safe as GST alone eats up 6% of monetary value
So we MUST PROTECT EROSION OF WEALTH BY CAPITAL PROTECTION
TMAKMUR - LAND OF PROSPERITY WILL PROTECT YOUR WEALTH - AND KEEP YOU PROSPEROUS!
Regards,
Calvin
2018-02-25 16:16
SORRY GUYS
TMAKMUR TAKEN PRIVATE ALREADY
NEVER MIND LAH
AS RICHARD BRANSON SAYS, INVESTMENT OPPORTUNITY IS LIKE TAKING THE BUS. MISSED ONE?
NEVER MIND. THERE IS ALWAYS ANOTHER BUS COMING DOWN THE ROAD"
SO MISSED TMAKMUR?
NEVER MIND LAH
THERE IS TA ENTERPRIZE NOW
SO DON'T MISS THE BUS(BOAT) THIS TIME, OK?
2018-02-25 16:20
DID I HEAR MRCB MENTIONED?
AHA! LOOK AT DRB
DE
RESERVOIR B
BANK
DRB GONE UP FROM 92 SEN TO OVER RM2.60
SO THE TWIN SISTER IS MRCB
MASSIVE
RESERVOIR
CASH
BANK
MISSED DRB 200% BULL RUN?
NOW DON'T MISS MRCB
MRCB WILL SEE
1) EDL COMPENSATION
2) SALE OF BKT JALIL LAND TO EPF FOR RM1.14 BILLIONS
3) SALE OF MENARA CELCOM AT RM680 MILLIONS
4) PDB FOR HSR
5) AFTER RASINING OVER RM2 BILLIONS FROM IR
NEXT IS PDB FOR BANDAR MALAYSIA
SO MUST ADD THESE AS TOP STOCKS TO BUY
1) TA ENTERPRIZE
2) INSAS BHD
3) MRCB
WHICH ONE RUNS UP HIGHEST?
GUESS?
MAYBE TA?
MAYBE MRCB?
SO JUST WAIT AND COLLECT A GOLDEN WINDFALL
hIP HIP HOORAY!!!!
SO HAPPY INVESTING IN UNDERVALUE STOCKS
2018-02-25 16:29
aiyoyo
CALVIN'S JAKS NOW RM1.69
SO BETTER GO TO JAKS FORUM AND WARN ALL NOW
JAKS' BALLOON JUST GOT A BIG PUNCTURE!!!
RM50 MILLIONS DEMAND FROM STAR MEDIA!!!
SO THE ACTION WILL BE THERE
GO AND SEE A FALLING HOT AIR BALLOON
2018-02-25 17:02
Mr Calvin, i adding some Supermx, do u think it is a good buy at currebt price?
2018-02-25 17:36
Newbie
I think you must watch crude oil. If crude oil goes up synthetic rubber will pull up natural rubber prices. And glove will make less money.
Conversely, if crude oil crash it will be good for rubber gloves
2018-02-25 17:44
kaikai
Bershire Hathaway of Warren Buffet never give out dividend because dividend is taxable.
So Buffet wants share price to rise in stead.
TA AT LEAST GOT 2.7% DIVIDEND.
NOW MOST IMPORTANT THING IS THIS
WILL TA MAKE MONEY MONEY AFTER MARCH 1 2018
AND AMONG 1,000 COMPANIES IN KLSE WHICH ONE WILL BENEFIT MOST BY RETAIL PLAYERS WHEN STAMP DUTY FOR SECOND AND 3RD LINERS ARE REMOVED.PLUS MARGIN LOAN EASED AND SHORT SELLING PERMITTED
WHO WILL BENEFIT MOSTEST?
2018-02-25 17:50
tldr
but as per usual, clown @calvintaneng refuses to answer some simple questions.
is ta group in net cash position and what is the share capital of the group????
lol................
2018-02-25 20:48
Posted by kasinathan > Feb 25, 2018 07:39 PM | Report Abuse
Bravo Calvin!
Should be Bravo Kasinathan!
AND BRAVO TA!!
AND BRAVO INSAS!!!
2018-02-25 21:03
but clown @calvintaneng, u still havent tell us whether ta group is in net cash and what is share capital????
lol..............
2018-02-25 22:39
HAHAHA!!!
BABY STILL DON'T KNOW?
TA HAS ASSETS PLUS CASH = RM6 BILLIONS
LESS RM4 BILLIONS LIABILITIES
SO GOT NET NET OF RM2 BILLIONS.
THIS IS THE NET NET OF TA
AND TO REFRESH ALL
TA AT 64 SEN WITH NAV OF RM1.50 MEANS TA IS SELLING AT HUGE DISCOUNT TO NTA
HUGE MARGIN OF SAFETY.
AND P/E IS ONLY 2.8
THAT MEANS IN 2.8 YEARS YOU CAN DOUBLE YOUR MONEY IN TA
2018-02-25 22:45
AND 9 MONTHS REV IS RM966 MILLIONS
PROFIT 9 MONTHS RM300 MILLIONS
SO PROFIT IS A VERY NICE 31%
SO TA GOT VALUE CUM STRONG GROWTH
2018-02-25 22:47
Babyjoe still in primary level?
HAHA!
TELL YOU A SECRET.
I WAS THE KING OF MATHS IN SCHOOL
2018-02-25 22:54
all we know is that clown @calvintaneng fails in accounting 101.
cant even read basic financial statements.
the rm2bln is share capital, stupid.
all companies have net asset or else they have to file for bankruptcy, stupid.
ta group is in negative net cash position of rm1.3bln.
who will take a company with negative cash position private???? u tell me, stupid.
2018-02-25 23:04
btw, do u know why the results for ta group is good for this yr????
did u even read the important detail in the financial report????
obviously u didnt.
if u did, then u will know that ta group's earning is unstable.
2018-02-25 23:18
HAHAHA!!!
BABYJOE MISSED CSCSTEEL. NOW BABYJOE WILL MISS TA AS IT WILL FLY FLY FLY AWAY UP UP UP!!!
2018-02-26 00:22
as per usual, clown @calvintaneng tries to divert topic when his stupidity is exposed.
cscsteel went up less than 10% and u alrdy bragging, then my ytl bot at 1.1 must advertise for all to see.
u dare to start a blog that ta group will reach rm1 by mid of this yr????
lol.............
2018-02-26 00:34
aiyoo babyjoe still awake at this hour? baby should sleep by 9pm.
NOW CALVIN MUST GO SLEEP
TOMORROW WILL SEE TA FLY FLY FLY?
HOPEFULLY?
GOOD NIGHT BABY....
ZZZZzzzz,,,,...
2018-02-26 00:39
as usual, clown @calvintaneng dare not bet with me after losing face in jcy.
i bet with u that ta group can reach 55 sens by mid this yr, u dare to take this bet????
lol............
2018-02-26 00:42
clown @calvintaneng, tomorrow remember to start a blog saying that ta will reach rm1/share by mid this yr, ok?????
i will correspondingly start a blog saying it will reach 55sens/share by mid year, ok????
lol.........
2018-02-26 00:58
Again remember guys, i know its hard.
Calvin is smart and knows how to do good research. But he's an ex car salesman and a natural born sales man. All he wants to do is goreng the price.
If you like can buy abit, i personally have been looking at TA for awhile. But still hmm, got better deals i think.
2018-02-28 11:11
Jon Choivo
TA is a stock whose time has come
As Deng Xiopeng said to Robert Kuok
All China are pressing for China to open its door join the world trade. Deng just opened the door because people of China are pushing him from behind
SO NOTHING CAN STOP THE IMMINENT BULL RUN OF
BURSA
TA ENTERPRIZE
INSAS BHD
OTHERS
2018-02-28 11:26
Calvin,
You talk about alot of shares. And every one of them, you talk like its the best share in the world. Like the person should sell their mom and sailang.
You have a list of good stocks you choose when people talk shit about you. But you sure keep quiet about the ones that dont perform. :)
I'm just saying stop selling it, or trying to sell it by predicting "future super bull price movement, SURE GO UP".
If the difference between the intrinsic value is so far below the price, it will go up, matter of time. But when nobody know.
But of course this does not really matter to you, since you want the price to go up now for you to sell.
I think its a little immoral to steal candy from children. Which, in this case is people who dont know better, cant read between the lines, or know your history.
But either way, ill still read your research,and occasionally, buy it
Thing to note about TA, this year, most of the gain was investment gain, about 200m. Minus that, everything else only made 40m or so. Which is ok if you part out the investment division. But still.
Hmm
2018-02-28 11:36
calvintaneng
Aiyoo babyjoetay
How come you so baby?
Don't need so much money when Calvin bought Warrant rather than Mother
Calvin sold DRB mother at Rm1.20 & switched all to DRB C30 at 12 sen
So this is call arbitrage during bull run. Warrants & Call warrants like DRB C30 are instrument of Bull Market
And DBC C30 reached 36 sen for a 200% gain
And Calvin got so much hidden profits stored up few people know
STORED UP PROFITS?
YESSSS!!!
Calvin bought TheStore while cheap like TA now
TheStore was an overlooked Stock with High NTA like TA
So it was taken private for HUGE PROFIT FOR LUCKY CALVIN
See
https://klse.i3investor.com/servlets/stk/5711.jsp
NOW THIS TA IS ANOTHER OPPORTUNITY IF YOU MISSED THESTORE
2018-02-25 14:10