RVI123 For a general offer, the authority shld requires the assets of the company to be revalued so that it will be fair and transparent to all the shareholders (both substantial and minorities).


TOTALLY AGREED WITH YOU BUT HOW CAN WE THE MINORITIES PASS THIS MESSAGE TO THE NEW MALAYSIA GOVERNMENT......................

singh1., there is no reason for him to buy at higher than 0.66000000000000000000

Thanks CONTRARIAN

i thought tony is only allow to buy up to 2% of the paid up shares after the MGO but with his purchase today his shareholding is at 36%. Anyone can clarify.................

today volume is 7.8m. tony sapu 7.5m. why no big funds compete with tony and let him sapu like thatttttttttttttttttttttttt

many investors here hope for the following


RULE 21: Restrictions Following Offers and Possible Offers
21.01 Delay before subsequent offer
Unless otherwise approved by SC, the offeror and all persons acting in concert with the offeror shall not, within 12 months from the date of the announcement that a take-over offer has been withdrawn, has lapsed or failed-
a. Announce a take-over or possible take-offer offer for the offeree; or
b. acquired any voting shares or voting rights of the offeree if the offeror would thereby become obliged to make a mandatory offer;
This mean if Datuk Tiah failed and just manage to increase his holding to about let say 36% then for 1 whole year he cannot purchase more than 2% from market in any rolling 6 months. He will be a sitting duck if any corporate raider will to buy up 33% from open market and make a GMO. If this happen Datuk Tiah is at risk of losing the control of TAE.

imagine if a few hundred/thousand of shareholders wrote to them, i believe we can use this as shareholders activism

@enid888., anyone know the way to inform or put forward the above suggestion to Bursa and SC?????

enid888, thanks for your sharing your knowledge. anyone volunteer to write to bursa to inform them of this unfairly rules towards minority shareholders.
bursa should implement rules that require all companies to revalue their assets and liabilities if the major or anyone intend to take a company private

my guess is TT wants to take TAGB private via TA enterprise. the whole value is in TAGB.
so everyone buy some TAB now to prevent him from getting TAG delisy=ted one day

everyone in the thread is unsatisfied and feel cheated. the only happy guy is tony tiah but that is the rules. bursa or SC should change the rule for majority shareholders to take over the company all the assets must be re-value to current value. how can we, the minority shareholders present our case to the authority? anyone can assist................

@SINGH1, I THINK YOU RAE NOT SO CORRECT ON THE THIS...........
Those who got the split from TA in 2009 were the ones who gained

I CHECKED BACK THAT THOSE WHO BOUGHT TA AT RM1 IN 2009 WERE ENTITLED OF TAGB SHARES FREE AT AT RATIO OF 6 TAGB FOR EVERY 5 TA. AT CURRENT MGO PRICE THOSE SHAREHOLDERS ARE ONLY GETTING 1.03 BACK AFTER 9 YEARS OF TRUSTING TONY TIAH.

WE CAN'T BLAME HIM AS THIS IS HOW MARKET WORKS BUT MORALLY IS IT CORRECT TO TAKE ALL THE MEATS HIMSELF .............?

@SINGH1

AT LEAST ALL SHAREHOLDERS WILL RECEIVE THE FULL BENEFITS. DON'T YOU AGREE......

IF I AM A BIG FUND.,

1) I WILL OFFER RM1 FOR ALL TA ENTERPRISE SHARES WITH THE CONDITION OF RECEIVING MORE % THAN TONY TIAH.

I NEED LESS THAN 800M AS TONY WILL NOT SELL TO ME

ONCE , I GET MORE SHARES OF TA ENTERPRISE THAN TONY TIAH, I WILL CALL FOR MEETING TO KICK OUT THE CURRENT BOARD OF DIRECTORS.
ONCE DONE, I WILL APPLY TO BURSA TO DISTRIBUTE ALL TAGB SHARES TO TA ENTERPRISE AND SELL TA ENTERPRISE STOCKBROKING BUSINESS AND DISTRIBUTE ALL CASH LEFT TO ALL SHAREHOLDERS .

SECOND PART IS TO SELL ALL TAGB PROPERTIES AND LANDS AND DISTRIBUTE ALL THE PROCEEDS TO SHAREHOLDERS AND DELIST TAGB.

ANYONE SUPPORT.....................

maybe koon yew yin can come and disturb TT plan

cannot blame tony tiah. he is just taking advantage of the opportunity that the market provide him.
what he really wants is tagb shares that ta is holding.

his MGO did not provide solution for the non compliance of minimum public shareholding spread of TAGB.

i am speculating that tony tiah will accumulate until he has enough to benefit fully for his entitlement of tagb shares that will be distributed to all ta enterprise shareholders.
this will solve the tagb minimum public shareholding ruling

@Singh1....Some may say Datuk had been fined for some offence in the 1990's during Asian financial crisis. After investigating many articles, listening to many sermons by Datuk about his struggles, I believe he was a victim of others who tried to cheat their way out of their financial difficulties during the crisis and the authorities implicated him as well in the process.

,,,,,,,
i hope you don't mind to share more with us on your observation of the above. the markets generally summarize that tony tiah was hand in hand with soh chee wen resulting in omega securities being delisted for being a bankrupt company. it will be great if you can share your knowledge on the above as it will enable more readers to understand the real situation and view the company differently.

@Sslee, good observation and fair comments. looking forward to your update after the AGM

i am old man., not good and don't know at swinging

@ironcrow., i had invested in both ta at 0.70 and tagb at 0.36 for quite some time. is both company good for long term investment . i think their loan is quite huge but is backed by quality assets

@IRONCROWZ., i am not good in understanding accounts. i go through their annual report and i noticed that their hotels operation is generation very good profit. what i don't understand is their investment division which i believe is an obstacle to tagb price as its earning is erractic

sslee,
i hope you can also attend tagb agm and ask them some tough questions

JAMESPOND.,
why do the mgmt want to gamble and kill the company?

up to now, LELE had been correct with his prediction on this counter

I THINK THE COMING DIVIDEND WILL BE MAXIMUM 1 MALAYSIA SEN PER SHARE

JamesPond, thanks for your explaination. I do agree with you tony tiah reputation is holding up the company price. will re-consider my view on this company

something funny in the Q4 report that i cannot understand under the property development segment

Q3/2017
YTD revenue $175,669 million
profit before tax $31.267 million

Q4/2017
YTD revenue $10.647 million
loss before tax $2.3million

how can YTD for Q4 had decreased so much instead of increased?

The Board of Directors of TAG wishes to announce that Bursa Securities, vide its letter dated 14 February 2018, granted the Company an extension of time of six (6) months until 28 June 2018 to comply with the public shareholding spread requirement.

1. at the moment ., i don't see the company has any other option except to keep on asking for extension.
2. no big funds are interested in tagb
3. ta enterprise will not be so generous to give out tagb shares to its shraeholders

guys, any idea.............

tony must be buying today

sorry it should be there and not they

they will always a discount of 30% for the holding company such as batu kawan and klk

i prefer direct exposure to tagb due to their stable and strong recurring income form rental and hotel operations. hopefully this can contribute 100m profit soon

singh1., when tony tiah stop buying, we buy and keep. when tony buy we sell some to lower our average price. tony always buy at high price. i had bought at 0.34 for the past few days except yestrday

singh1., don't be so pessimistic. if tagb annouce good quarter result by end of this month with better dividend yield compare to last year ,price will be better.

singh1, if tony tiah is generous enough to share the wealth with all shareholders like what you had written above, both ta and tagb price willl at least 50% more than now. he is a veteran stockbroker and he knows how unlock the hidden value but he is not doing. Instead he is hiding all the value

If his relatives really follow Tony invest in TAGB, they must be cursing him from behind. As Lele mentioned above after 7years still below par.

I thought 33% is the trigger point for MGO but Tony Tiah already owned more than this

Lele, why Tony Tiah not buying ta enterprise.... Anyone can share their insight.

Why Tony Tiah buy TAGB and not TA......

i do believe the reason why ta and tagb price stay low are due to tony tiah past reord. even though he had paid for his offence, market doesn'thave faith or trust in him even though he had done a very good job especially on expanding tagb hotels portfolio and properties.
i think only when tiah joo kim take over nd perform, the price will go higher if market price him much higher than his father.

I am very sure that Tony Tiah had accumulated some shares today

Why only Tony Tiah buying, the other members of the board did not buy?

Investing in TA and TAGB is all about trusting him taking good care of the company as well all the shareholders and not only himself.
my view;
all the other board members are there only to fulfill the legal requirements.

tony tiah buy up to 0.40 today.

at the moment either tony tiah or seller is exhausted......................

again without tony tiah buying, tagb will be sleeping.

Historically, Tony Tiah will stop buying once the result is out. This time will be different because of the land disposal where the profit will only be recognised by year end
If he continues buying after the result is out, that will be a very very good sign

If Tony Tiah did not continue to buy and no forthcoming good announcement. Do you think the stock price will rise some more ? ? ?

HISTORICALLY THE PRICE WILL DROP WHEN TONY TIAH STOP BUYING

If only Tony Tiah is buying, I don't think the price will move up a lot. Unless investment funds and more private investors are convince with what he is doing put their money in TAGB, the likelihood of reaching 0.80 looks tough.

TAGB owned 7 hotels of 4-5 stars rating with total of 1948 rooms. Trump Vanvouver has 147 rooms