It is a badly managed Co. I still cannot understand why management have investment in properties in Kuala Lumpur when its main operations is plantation in Sabah

Cepat is plantation company with ALL its business activities in Sabah. Only bodoh Directors would spend Cepat money to invest in Properties in Kuala Lumpur. Spent so much money RM40M+ to buy properties and leave them vacant for so many years without collecting any rental income. May as well sell these properties and pay dividend and concentrate on plantation biz. Better still use the money to reduce borrowings and replanting

Johnzhang, giving BI is not a reward to shareholders. BI is to punish shareholders

What joyd12345 said is true. Price of steel may fall like london bridge in 2024. Not just steel, CPO, Oil, Gold, Houses, Flight tickets, etc. However, having said that, in 2024, it can also be going up. Nobody can actually predict the future. That's why its called investing. If u believe will go down, then don't invest. If u believe will go up, then invest. What is almost definite is most things will go up in the long run. Of course most will recognise that as inflation

@Beltland...so is ES operating or not. KYY say no, OTB say yes. Anyone in Klang, knowns HTV operations there on or not. I m quite curious whether KYY or OTB is right

@Beltland...for no strong supported back up?? But he shout "Facts" wor.

@Aaron_tan..hiaptek small player period?? Compared to Choo Bee, I doubt so. IMHO, HTV bigger than CB but CB has much better financials. Has next to zero borrowings compared to HTV. HTV on the other hand was bleeding due to associate Eastern Steel. Although ES seems to be profitable at the moment, given the volatility of bar prices, one never knows when make losses again. My sen worth

@joyd. No panic. I don't own any steel shares. I used to have HTV RCUIDS for the interest but sold after it went past its nominal value not too long ago. I just find it hilarious that everyday u shout die, die but no one seems to be listening. Sitting at home during all these lockdowns is really boring. Reading some of the comical and hilarious comments here cheer me up a bit

@joyd..u kena burned by steel counters ka? Everyday shout die but don't say who die. The steel counters die, or the people invested there die or the people that did not invest there die?

My take as a minor minor minor investor, if the major shareholders and bankers are willing to throw in RM millions to part finance the balance RM652M for the glove project, why should I fear putting in a few RM into Johan

Johan disposal of Diners will not get a single sen cash in flow. In fact after disposal, Johan would become a micro biz, smaller than the mamak stall(biz wise) near my place. However the disposal does stop Johan from bleeding any further. However, if all goes well, its future glove biz should be positive contributor. The question would be can they implement the production line according to schedule. If yes, and profit margin for gloves is still there, then great. If not, then everyone screwed. Looking at some of the gloves counter, they were already making profits pre pandemic, so even if ASP of gloves falls to pre pandemic levels, Johan would still be profitable.

Ekovest buy from IWH not IWC, why should IWC limit up?

@jellyfish. You think TT lets his son runs the entire operations of TAGB?? I have no idea what his son's specialty is but TT definitely stock market gambler. TAGB is listed under the property sector. Last year the TAGB total transactions in securities investment is RM3.6B. You think if son the real CEO, he spend so much time and effort dealing in securities?? Once a crook always a crook.

In 1 qtr management wipe off the entire profit after tax of RM231.5M from the Aus disposal. What a bunch of idiots. Should have appointed my dog as a director/ceo. Would have perform better than their current directors.

doen = down

Luckily bursa allow extension. If not then co gets delisted like HL Cap or TT can launch another takeover at dirt cheap price. Failing which TT can of course pare down his stake and create another sell off which may push the price doen to 10sen. Kakakaka. Nice of Bursa to allow extension

silent88888..no need to be sad. You are not alone. Everyone is stuck with a counter or two. The last 2 years or so the market is so bad. Almost all counters down. As with all trade cycles,what goes up will also come down and vice versa.As long as your investment doesn't go bust, it will eventually goes up again.

Yes very poorly managed. MFM small co has 10 directors most are politician, accountants and lawyers. None are business people. PPB which is 50 times bigger only has 7 directors

Those chicken affected by avian flu were culled, destroyed, where got lay eggs anymore. how to distribute such products if already destroyed??? If you buy shares in Layhong you should buy nutriplus product.

Yes conman counter. They announce that effective cost is RM0.50. ROFL....The ffective cost should be 67.5

If DL takes Malton private around the current price, how would this benefit minority? On the other hand, if not taken private, there is hope that the profit from The Park & The Park 2 will eventually be reflected in the accounts and move the share price up. Of course with a GDV of > RM1B for the mall which is slated for launch by end 2020, this should raise the market cap of Malton to the RM Billion cap club.

@@nbrlatex. WHy no good to small shareholders?

He is neither savvy nor cunning investor. He is a useless investor. Go look into TAGB quarterly reports over the years n you would notice the millions he loss in the stock market investments/trading. IMHO "Exploiter" would be a better reference.

@@dabg. I was merely kidding. The market so bad lately. Just say stupid thing to cheer myself only.

Huh???? there r people who hold a lot of units in a co managed by an ex convict? Strange. Nevertheless I suppose you r right. It would be difficult for them to run with small volume

Besides Malton high in debt, Desmond probably pokkai also. His shareholding in WCT lost > RM400M!!!!!!

Better sell now at 58.5, can later buy at 48.5. ROFL

Dear SsLee,
I did not expect TT to revise his MGO because I don't think he can revise the price downwards. Even an idiot knows that 0.66 is too low. Of course TT is aware that 0.66 is low and yet, with his criminal mind n 1000 years of experience in the stock market, made that offer. I can only assume he did that intentionally to ensure that the MGO fails. Meantime he can continue picking the shares at ceiling price of 0.66. I think he did not expect the market to be so bad else he would have waited to pick more shares at much below 0.66. It must have came as a pleasant surprise to him that the market is so bad. Thus he can continue to pick TA shares at dirt cheap price.

Calvintaneng can talk to him till the cow comes home about the joy and god blessing. However, TT will only be interested in the joy of sharing your wealth with him and not vice versa. KAkakakaka

nenek calvin holding for 5 years to reap 500% profit.In the last 20 years or so TAE has not grown in market cap. Maybe in the next 5 years can grow 500%. Who knows. Afterall TAE is managed and controlled by a ex criminal with next to zero integrity

Lim Siew Fai...Motorolla..hmmmm..only good for making handphone wor. That also went bust bcos couldn't catch up with technology advance. Malton property developer. So what good is a 1st class degree in hand phone making fellow for a property developer???

Recently the Edge reported Canadian Pension Fund in negotiation to take up 49% of BJ Pavilion valued at RM200M to RM300M. Therefore at 100% BJ mall is approx RM400M to RM600M. Let's say it is RM600M. 18% goes to Ho Hup, thus left with RM492M. Less construction and development cost......not much profit from the Mall. Potential cash payout of RM3 per share seems quite optimistic

I doubt he will increase his offer price. He will only do things that protect and/or enhance his wealth(refer Omega and fraud case). TT has been dealing in the stock market for hundreds of years. You think he don't know that 0.31( or 0.66 for TAE) is too low meh? If he increase the offer price, that would deplete his wealth. If he somehow (by hook or by crook) manage to obtain 90% control of TAE and directly + indirectly 90% of TAGB, then we are all stuck at 0.31..LOL. Of course most(including me) are sceptical that he will achieve 90%. We don't know how many % are already owned by his undisclosed Nominees.

singh1..yes possible but my simple mind doubt that's the main reason. Little Bay's reported profit should be approx RM218.573M(Rate at 3.06 as per Note 1 in P&L). Profit at AUD71.429M = RM218.M.

As for paper loss. Look at the last 8 financial year(based on the last qtr of each FY) The investment segment report loss every FY ranging from RM7M to RM61M except FY Jan 2011 with a profit of RM10M. Roughly total loss over these FYs RM230M. Paper loss would normally be a short term thing i.e. timing of purchase/disposal and reporting dates. Over time, it reverses or realised as a loss or gain. If you look at the QR reports, every qtr few hundred millions worth of sale & purchase of investments. Still paper loss?? or realised loss??

Do bear in mind that most of these investments are overseas using overseas borrowings. I am no financial expert but if I borrow USD1000(liability) to acquire(asset) USD1000 investments. Then any exchange gain/loss should offset each other.

Whatever, after so many years of real/paper loss, doesn't the management get fed up? I used to gamble on football but after losing so many times I also get fed up. Of course the difference is I use my money to gamble whereas management uses Co money. LOL

@@Singh1..I was naive to think profit will be about 6 sen for the quarter, my apologies. The taxman took a big chunk of the profits. The result is nevertheless very good. Three cheers to the management of TAGB.
On another front, there seems to be an error in reporting the NTA. It is actually showing the quarterly profit and not the NTA !!!

You were not wrong to expect eps of 6 sen given that the Aussie disposal effect alone is EPS 4 sen. Even though the results of hotel were as expected, the gambling activities wiped off whatever profits made there. In that respect I would think that the overall result is bad and management deserves to be slapped. The only positive I can think of is that borrowings went down by >RM500M. My 2 sen worth.

Based on the circular, disposal of the Aussie project, TAGB is supposed to make a profit after tax of AUD71.43 (RM231.49M). QR 3/18 has a net profit of RM230.1, that means taking out the Aussie disposal, TAGB make a loss. What a bunch of idiots managing a Co with such great assets.

BTW none of the disposal proceeds were allocated for dividend. Meaning if Aussie profit taken out, then next year no dividend. Yet there are minority who were dreaming of bonus dividend. LOL

RV..based on QR 31.03.18 RM40M and RM44M losses

Disappointing results. The profits after tax of disposal of project in Australia and the compulsory acquisition were expected. Whilst I expect them to lose some money in gambling activities(called investments activity in the report), I did not expect the stupid management to spend so much time and effort to lose so much.Even the credit lending losses were due to investments and derivatives.They should wake up and accept that they are not warren buffet and focus on hotel and property development

ks55..why bother reading his post?? after trying to figure out what on earth he is posting, I gave up. Kaki kong kaki song....LOL

Co's long term development prospects is next to zero. It should be the Co's extremely long long long term development prospect. Kakakaka.

As for the public shareholding spread. I don't see what is so big deal about this.

hopetobecorrect...hundreds and hundreds of millions throw in stock market in every quarter. I presume management spent 90% of their time looking at computer and stock market. As to why..I can only assume management aspire to be Warren Buffet.If they had spend their time focussing on property development, hotel management and property investment, today probably TAGB would have been an index counter. From day 1 of listing it is known that TAGB have land in various part of KL and that management had been TALKING about developing these land. They are still talking

Khatulistiwa make money lah. His previous post queue at 0.70 etc. Moreover he/she make money until ejaculated

A lot of value TO BE unlock...many had been saying that for decades including Alicia Tiah....today still talking, most probably the next 10 decades still talking. Even if TAGB make money in hotel or property investment (and maybe from unlocking the values of its properties), most likely these profits + further borrowings will be ploughed into stock market gambling by the management. Dividends??? Minority can slowly wait and see who lives longer. LOL

Seems like khatulistiwa talking to himself. Moreover in a language only he/she can understand. LOL

foong2..24.04.2018. Pls go read the announcement

Lee Yih Yeong..does that mean that after BN lose no more construction and property development in Malaysia??

LimCheeKeong..The conversion does not require any payment of monies

LimCheeKeong..It mean literally that.Convert RCUIDS to Ord shares.If you have 1 RCUID, you can convert it to 1 ord share.However as to why there are people converting RCUIDs now, I have no idea. There is not much price difference between RCUIDs and ord shares. On the other hand, RCUIDs gives interest at 2.5sen per annum half yearly. Much better than ord shares dividend of 0.30sen(25.01.17 last one. 2018 no div). The next payment of interest (1.75sen) expected around 23.06.2018

Peter 24.04.2018

reiki6, presumably your 1.8 means 1800. If that's the case then you are entitled to 900 bonus shares and 900 warrant, but you would need to subscribe for the rights to get those entitlements

@@sonyleong, rights trading commence on 27 March. Sell just like you would normally sell your shares lor!!!

@@tzerteoh, strange view you have?? To encourage minority to subscribe for RI, I would imagine the Directors would push up the price. If they press down minority scared to subscribe. My take is that some shareholders wish to subscribe but may not have the funds. So sell some of their shares, then use proceeds to subscribe.