Dear Fellow Investors of TA Enterprize 

These are the Top 10 Reasons to Buy TA Enterprize now 

1) TA IS SELLING AT DEEP DISCOUNT TO BOOK VALUE. At 58 Sen with NTA of Rm1.45 TA is now selling at a Huge 60% Discount to NTA. A Big Margin of Safety. 60% discount is twice the amount required by Great Sifu Ben Graham at 30% only 

2) TA is also a Growth Stock with P/E only 3.9. That means that TA will double your money in just 3.9 years. Compared to putting money in Bank FD at 3% a year or P/E 33. That means that if your put your money in Bank FD for 33 years only then you will double your money 

3) TA ENTERPRIZE so undervalue could be a Target for Privatisation. All these were taken private one by one: Osk by Rhb Investment Bank, Hwang by Affin, HL Cap by Hong Leong Group, Bj Capital by Bj Corp, KAF and others were taken private. 

SO IT IS A MATTER OF TIME EITHER PUBLIC BANK, MAYBANK, CIMB BANK or SOME ENTITY OFFERS TO TAKE TA PRIVATE. IF SO EXPECT MORE THAN 100% WINDFALL 

As most were taken private near their NTA. And TA latest NTA is Rm1.45 while price is 58% so you can expect at least more than 100% windfall 

Last time Calvin's undervalue stock picks were all taken private due to Undervaluation. Super Enterprize, Kulim, TMakmur, TheStore, Wangzng & Weida. TA may well be one. 

4) Govt on March has given Great Spurs & Incentives for Stock Trading. a) Scrap stamp fees for 2nd & 3rd liners. b) Allow short selling. c) All more margin for trading. d) Encourage investment knowledge to prepare for retirement. e) Cross Border Trading bet KLSE & Spore SGX 

AS TA is Top Retail Player Stock this move will benefit TA the mostest going into months, years & decades to come. So the future gets brighter. While Parkson is facing sunset due to ECommerce TA Enterprize is facing Sunrise as only 20% of Malaysian Retail Players buy stocks. Vast 80% room for Growth. As Country grow more affluent More People will put hard earned monies into Stocks of Good Companies 

5) TA got double Margin of Safety 
First Margin of Defense. Each TA owns 1.87 Units of TAGB shares. TA is now 58 sen. TAGB around 60 sen. So buying TA your get back all your monies in TAGB alone. All the Rest of TA is Free. All other TA Assets are Free. All the Extra Cash of TA is also Free. This is the truth. And there is deep unrecognized Value in TA. While fickle Mr Market chase the hot balloon stock of the day .... Value Investors will quietly accumulate TA shares now very undervalue due to ignorant & neglect. 

6) Second Line of Defense For Margin of Safety in TA 
TA got Assets & Investments of Value far more than its debts. Assets of Shop houses, Lands, Hotels & Resorts are still sitting at Old Book Value 

In tough times these could be sold and pare down any borrowings or to meet any emergencies. 

Little Bay lands just Sold at Rm774 millions with Profit of Rm342 Millions or 79% gross profit 
See the beautiful body of water in Little Bay http://mapio.net/pic/p-24967419/ 

Like little Bay Trump Hotel also face Beautiful Scene of Water http://www.vancouver-real-estate-direct.com/buzz/2013/06/trump-tower-v... 


7) TA & TAGB Bright Dividend Prospects 

TA Will Increase In Dividends as Debt Pays Down With Consistent Income 
Since Trump Condos are all completed & sold & Trump Hotel now generates good revenue expect higher dividend Cash Payout from TAGB & TA 

8) INSIDERS ACCUMULATION MODE SHOWS UNDERVALUATION

TONY Has Been Buying TA shares & Sold None. Now Tony is Buying & Buying TAGB shares 
This is a good sign. Insiders buying means share is undervalue. Since no selling means shares are still cheap & worth holding. 

Last time Calvin followed Datuk Hashim of Ambank bought RceCap at 27.5 Sen. And RceCap gave a 7.5 sen Cash payout & merged shares from 4 to One 

So 27.5 - 7.5 sen = 20 sen 

Then 4 to 1 or 20 sen x 4 = 80 Sen 

From 80 sen RceCap up 100% to Rm1.60 & Calvin issue sell call. While Johny came lately chased RceCap to Rm1.90 (too late!!) 

So the Time to Buy TA is NOW!! Now while cheap. Don't follow future Sorchai chase TA over Rm1.60 later, much later. 


9) GOOD RESULT NEXT QUARTER IS CONFIRMED

In the Accounts of TAGB there is a Cash Windfall of Rm774 millions received on Jan 10 2018. The profit is Rm342 Millions or equivalent to 6.34 sen a share for TAGB 

This will be reported in May 2018 Account of TAGB whch will ultimately reflected in TA Account Books (These are not IOU like those of Sendai) 

6.34 sen for 32 Sen of TAGB means this coming quarter report will register a profit of 19.8% 
Will TAGB and TA both declare a Bigger Dividend? If so the Market will take notice 

10) TA ENTERPRIZE IS A STRONG BUY NOW

So from all Angles and by All Yardsticks TA is now an outright buy 

So let's Sum it Up

TA IS SELLING AT 60% DISCOUNT TO NTA.

P/E ONLY 3.9.

A TARGET FOR PRIVATIZATION.

NEW INCENTIVES GIVEN BY GOVT FOR TA THIS MARCH 2018.

TA GOT DOUBLE MARGIN OF SAFETY. TAGB SHARES ALONE IS WORTH TA PRICE (REST ALL FREE).

DEEP VALUE ASSETS AS A FORM OF DEFENSE.

BRIGHT DIVIDEND PROSPECTS.

INSIDERS ARE ACCUMULATING.

NEXT QUARTER GOOD RESULT CONFIRMED.

AN OUTRIGHT BUY BY ALL YARDSTICKS

Please do your own diligence. 

Buy or sell at your own discretion 

Warm Regards 

Calvin Tan