Based on bloomberg quotes, the Q4 result will be announced by 21st Feb.

Anyway, I believe the article in Forbes Asia might have caught the attention of foreign funds. After a low RM1.42, the share has rebound to RM1.57 today. It has been twice since when the price is just about to move upwards, the QE tapering fear bogged it down. Hopefully the 3rd attempt to chart new high beyond RM1.62 won't be hampered by QE tapering issues again.

http://www.forbes.com/sites/forbesasia/2014/01/29/malaysias-teh-kiak-seng-builds-affordable-housing/

buying opportunity. waiting for penang 2nd bridge announcement patiently...

it depends on the share price of the stock actually. If you are chasing 2 cent dividend for a RM1.50 stock, it may be not so attractive. But if the stock is worth 30 cent and they give 2 cent dividend , then it may be worth taking the risk to buy.

For me, I've kept Tambun for quite some time eventhough I've made some profit now. I don't care much about day to day share price as long as it has fundamental and keep giving dividends.

But remember a rule, you can't fell in love with a counter forever in investment. If the price is right, you have to let them go. Don't be greedy. Haha

kancs3118: IMHO, I think better wait after ex-date. Buy when others are selling. Sell when others are buying.

you are welcomed kancs3118. =)

sometimes when the share price reaches new high, some investors may afraid that the price will be dropping and hence they will let go their shares for some profit. This is normal. The previous high of 1.59 was achieved in August 2013 so these investors might want to cash in some profit.

In other scenario, some 'traders' intentionally sell at the lower price since they want to create fear of falling price so that others will follow suit by selling at even lower price. Remember what happened to Hibiscus 3 weeks ago? The share price dropped and the traders who have sold their shares will enter the market when the share price is low. Hopefully this can explain.

I believe Tambun will increase on Wednesday since it is a day before dividend ex-date. there will be some buying to enjoy the dividend.

Cheers!

I think new high next week. Here might be the catalyst:

1. Penang 2nd bridge
2. Q3 2013 2 cent dividend ex-date on 16th January
3. Q4 result announcement in Feb. Profit increase due to consolidation of 100% wholly subsidiary instead 60-70% equity in subsidiary before.
4. Ikea, International school and foreign university branch opening attraction.
5. Increasing market capitalization. With the enlarged share base, Tambun is worth RM 600 million now. Once it reaches 1 billion market cap, they will become 'investible' by fund managers. Just take cue from Dsonic, Matrix, MKH Berhad once they reach 1 billion market cap. Their share price increase since fund managers are flocking.
6. Announcement of land replenishment. Tambun has been aggresive buying land to replenish their landbank and they bought cheaper than market price!

Cheers!

3.5million reccuring income. NIce to see price moving upward to 1.48

International school is coming..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1501201

the announcement has come out.
http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/FE032E2648F1EE7248257C4B003E21DC/$File/Hibiscus%20Press%20Release_MNN%20%231%20Result_24%20December%202013%20Final.pdf

maybe due to issuance of ESOS, or another round of private pacement/right issue. If the price is too high, it won't be attractive to subscribe.

there's an upward pressure for the price increase this week. Other than Tambun, look at also Matrix, Titijaya, SP Setia, Mahsing and oyther property stock. Fear due to RGPT has subsided.

do you guys have idea why Tabung Haji disposed their share and buy back with the same amount of shares?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1491665
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1492933

btw, they bought company that is acquiring lands adjacent to recent land buy.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1489997

they had previously bought a piece of land in Mukim 15 bukit mertajam on 13th November
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1460281

Both land are bought at around RM14psf, which is lower than their average of RM18psf for Pearl City. Sounds good and they look aggresive to replenish their landbank. Hopefully they manage to replicate the fast-moving Mah Sing. I wonder if they can buy land from the privatized Asas Dunia. That will be perfect!

The only drawback is the dividend for this year might not be as much as last year since they might need to use the money to buy those lands.

agree with changccs87. there's a 'ghost' hand out there.

Q3 triple. EPS 43.77sen and they only gives 7.5sen for now. Expect for more dividends and price above RM10++ on Monday!.

nope, Tambun issued shares to buy the remaining stakes in their subsidiary from other shareholders. Thus, they can book all 100% percent profit from these subsidiaries and this will be reflected in Q4.

Here the explanation
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1464757

the announcement can be seen from here
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1470545

Tambun share base will increase by 55mil to 393mil by tomorrow. That might be the reason the price drops as investors anticipates for minor dilution. Cheers guys!

After price overhang due to shares placement, I believe the price will increase.

changccs87, the good news is the issuance of 55mil Tambun shares to buy the remaining stakes in their subsidiary might not have much effect the EPS. In fact, the percentage of shares in market will drop and enable the price to appreciate very fast. Illiquidity is a opportunity actually,since companies might be forced to rectify the problem by issuing bonus issue or sell some shares to the market.

I believe the price will be adjusted upwards after the official announcement of Penang 2nd bridge opening.

Nice financial result. Record revenue and net profit. The only thing is need to wait until Jan2014 to receive dividends.

Titijaya NA is RM0.94 after listing. 30pc dividend distribution. Need not to worry much unless the owner enjoy the dividend first before listing as shown by Astro and Westport.

Saw a photo of Muslims holding prayers ceremony at penang 2nd bridge. I guess the opening will be around the corner although a bit late from tentative date of 8th Nov 2013. Till then keep accumulating!

Btw, some says Q3 result will out today. I'm not sure. Just wait and see. cheers!

Most of the time the TP is just a guidance and may be exaggerated. What is more important is to carry out our personal research.

Performance wise, they are okay. But Tambun needs to promote itself to funds especially from foreign country to subscribe to their shares. Just see how the entry of foreign funds into Wellcall has push their share price to above RM3.00. It is just a matter of time when Tambun will reach RM2.00. Cheers guys!

New TP RM2.05 by RHBIB.
http://klse.i3investor.com/blogs/rhb/41040.jsp

haha. don't worry la. actually it is an opportunity to increase your holdings at lower price.
Tambun is affected by the delay in 2nd Penang bridge opening. The market sentiment does not help either. But I believe in long term since Tambun is an aggresive property player.

Today they just announced the purchase of a piece of land in bukit mertajam. This might bode well with their growth as a lot of their projects are near completion.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1459221

itu owner kiri kanan makan. Before IPO sudah makan, IPO lagi mau makan (owner jual share sendiri)

agree with kobar. =(
After reading further their statement, from what I understand, the dividend is declared for pre-IPO investors totalling almost 1 billion ringgit or 30sen per share. This remind me of Asssstro (yes they deserve that name) when the owner take 1 bil before proceeding to list asssstro.

sure jump tomorrow! haha

too much pumping. Maybe going too burst soon. haha

no lah. haha.
Nadayu EGM is on 18th Nov. I expect Nadayu shareholders have no problem in allowing the deal to go through. The entry of Nadayu will reduce the percentage of shares in public hands. Expect the share price to increase..

After 18 Nov, expect the price to increase

http://www.theedgemalaysia.com/business-news/261200-tambun-indah-shareholders-approve-acquisitions-.html

suspension of trading tomorrow.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1446929

@rayhvs so far from the share price, the investors believe it would not be affected unlike SP Setia, Mah Sing and UEM Sunrise. Their share price plunged yesterday and today. Tambun remains unscathed.

@bigFat agree! dont forget oso the impending dividend which has yet to be announced for current FY. cheers!

imho, alhtough Tambun might not be spared from the effect of 2014 budget, it will not be hard hit unlike UEM Sunrise, Mahsing, SP Setia. Those big players are in hot market such as Iskandar in Johor and Selangor. I believe the catalyst will be the opening of Penang 2nd bridge. People who are working on Penang Island will be having option to buy house in Batu Kawan (adjacent to Tambun) instead of seberang perai. They would likely settle there rather than using house as investment.

The selldown maybe from those who took loans to purchase the shares. Don't worry, funds are still buying. They are queuing up to buy at 2.55 and 2.56 just before the close yesterday.

the listing of tower assets is imminent. Axiata had promoted their CFO to be the CEO of new unit e.co, to lead the charge for passive network structure.

http://www.btimes.com.my/Current_News/BTIMES/articles/AX22/Article/index_html

tomorrow skpetro going up since they have announced to buy Newfield asset. Expect other O&G companies to receive the spillover effect. cheers!

Tambun proposed to buy the remaining stakes in two of its subsidiary. Earnings wise, it is okay since they can eliminate the profit outflow. However they intend to buy the stakes using shares. Expect some dilution, price overhang and lower dividend.

However price may go up or down next Monday depending on the outcome of 2014 budget. Most listed property companies also didn't perform as investors are waiting the measures taken by government to curb the high mortgage debt and rising property prices in 2014 budget.

Going forward I believe Tambun share price will increase. Penang 2nd bridge has now almost being completed and tentatively to be fully completed on 8th November 2013. The opening of 2nd bridge will have spillover effect on property prices in Batu Kawan and adjacent areas.

I think before they carried out GST, they need to plug the holes first. Too much money lost as shown in AG report.

The impending listing of Axiata telco tower assets would cause re-rating of industry players share price. However in order to compete with Axiata, instacom needs to grow into certain size through M&A. With OCK perhaps?

Hershey is opening their factory in Malaysia and will be operational from 2015 onwards. News says that cocoa production in this region will not be sufficient to support Hershey's needs. I thought that maybe gcb will benefit from this but only from 2015 onwards.

too bad. not dividend. Same like SKPetro.

ya. I'm watching the effect of US gov shutdown before entering the market again. Hopefully they announce good dividend for 2H FY13.

someone pressing down the share price yesterday. Great dividends ahead?
They have yet announce any dividends for the current FY. Keeps smiling for today. haha

Everyone is smiling! Patience is the key.

quite suprising..Does this means that TH Heavy has lost the contract?

In Malaysia, almost all rumours turned out to be true. It might be premature for TH Heavy to announce now. I believe newspaper journalists have insiders information. just wait and see next month. cheers!

On page 9 Starbiz section yesterday.

IMHO, Cliq Energy management is not aggresive. I saw their advertisement in The Star today looking candidates for several positions.

One of them is Petroleum Economist, which required to evaluate prospects and/or formalize asset acquisition. If Cliq is hiring only now, it means we have to wait the QA acquisition for longer time. I hope Cliq Energy can prove me wrong.

Farlim sold their Ayer Itam land to IMDB, Eco World development in Air Itam and Seberang Perai, and also the impending of Penang 2nd Bridge opening. This might be catalyst. Cheers!