Please don't sell your shares. Your shares worth RM2.50 (after properties revalued) a share. Don't sell it for R0.66 and being looked foolish by Datuk. Datuk will not thank you but feel proud that he is able to take advantage of you.

Kenanga was abt the same price with TA at around RM0.60 a few months ago. Now, Kenanga has moved up to RM0.735. The boss offer is clearly underpriced.

It is a sure win if a vulture investor make an reaonable offer at RM1.00. Most of the assets are land and hotels which are so easy to calculate their real values as compared to technologies or manufaturing stocks. This risk of vulture takeover is small.

Like what hopetobecorrect said. We hope that there is another offer from another party. I don't mind to sell to them at RM1.00 just to recover my initial investment and move on. Even if the new offeror does not intend to run the company, he can just sell the whole company assets (properties, securities firms, and shares) away piece by piece within 1 or 2 years. The new offeror can get RM2.50 per share with his take over cost of RM1.00. He is making 150% (a few billion Ringgit) by just doing this.

TA worth much more than RM2.50 a share because a lot of its old properties are not revalued yet. Now, boss offers a stupid price RM0.66 a share to take over the company. In another word, Tony Tiah offers abt 25% of the actual values of the company. From his supplementary offer for TAGB, we can say that Tony's actual intention is to collect at least 50% of TA shares. Very sad that the minorities are victimised and being played out by the major shareholders.

@marvels,

Is your news reliable? Where will be the plantation located? How big is the plantation?

@hopetobecorrect,

What you said sounds logical and highly workable. I think all the shareholders will be happy if this happens. I hope that there is someone with this kind of financial muscle and foresight to make this come true.

Bad news for Tropicana, Dillon Tan resigns as executive director.

http://www.theedgemarkets.com/article/tycoon-danny-tans-son-dillon-resigns-tropicanas-executive-director

I know a few friends who bought at prices more than RM1.00 many years ago (abt 8 to 9 years). They curse that they are onboard a pirate ship.

What a joke! He is offering 66 sen for TA that worth more than RM2.00 per share. He thought that the minorities are uneducated Ah Pek and Ah Ma, don't know how to calculate.

Comparisons between Top Glove and Tropicana.

------------------- No. of shares -----Price (19/6/18)-----Market Cap

Top Glove ------- 1,280mil ----------- RM12.14 ------- RM15,540mil
Tropicana ------- 1,470mil ----------- RM 0.855 --------RM 1,257mil

Wow! Top Glove market capitalisation is 12.4 times the size of Tropicana. It is hard to believe. Tan Sri Tan Wee Chai is super good in managing Top Glove.

@DK66, it was brought up by one of the post here and I think it is very likely.

A lot of question marks? How much Jaks needs to pump into the JV company as capital? How to pay the capital, by cash, loan or other method? How much aldy paid? How much more needs to be paid? How much is the increase in cost due to design change? What is the interest rates for loans from the China Bank? How much is the loans from China Bank? The management aldy has all the details but they never reveal them to the shareholders.

Any news from the AGM? Hope that someone can share.

Any news from the AGM? Hope that someone can share.

Anyone know when is Hengyuan will have maintenance shutdown?

@Totalpackage, Mogas 92 Crack Spread has dropped to below US$6.00. We can expect the profits for the next quarter to drop.

Good article and good company. I will buy more shares.

Even though there is privitisation of YTL Power, it will be offered with TA shares and there will not be any cash offer. It is usually at the advantage to YTL and at the expense of YTL Power.

@limyinchu, your target price at RM1.50 seems too high to achieve.

It looks like they are pushing TA now for some reasons.

@KLCI King, Why you said gone case? This counter also has some Najib connection?

@flytothemoon, PE ratio 10x is based on the last 12 months historical profits. Now, without GST and foreign worker contracts, the PE will shoot up to 30x or 40x.

Why CIMB issued this statement?

It is either their research team is lousy or they have other vested interest behind.
IB researches can only be used as references. You have to do your own analysis and judgement.
You will end up in Holland if you follow their researches blindly.

https://www.thestar.com.my/business/business-news/2018/06/04/myeg-share-price-has-bottomed-out-says-cimb-research/

Thanks, JamesPond.

@jamesPond, how much they lost in their investment and derivatives activities?

Anyone went to the AGM today? Any important things from the directors?

The current increase in trading volume will significantly boost up TA profit.

@yfchong, when is KSL Spring Resort going to be opened? Do you think it will be as successful as KSL Resort Hotel?

MKH has quite a number of affordable housing projects. It has affordable housing projects in Hillpark Shah Alam, Kajang 2,and Bandar Teknologi in Kajang.

Mahathir and Pakatan Harapan said that they would look for ways to enable the prospective buyers to purchase properties especially affordable housing.

The apartments in Batu Kawan can be considered affordable housing.

Mahathir and Pakatan Harapan said that they would look for ways to enable the prospective buyers to purchase properties especially affordable housing.

Mahathir and Pakatan Harapan said that they would look for ways to enable the prospective buyers to purchase properties especially affordable housing.

Nice to hear that Phase 2 Suasana first block is more than 60% sold.When the university commence its operation next year, a lot of apartments are needed as student accommodations.

Right. TA will be benefitted from the higher volume of trading. The formation of Eminent Persons Council will give investors more confidence that the new government will do better than the previous one.

According to a friend from Penang, the Utropolis Batu Kawan project is selling extremely well. Phase 1 is a highrise development comprise of shoplots and apartments and it is almost sold out. The new KDU University College will be opened in 2019.

Now with PH winning the election, it should be good news to E&O. The tunnel project will be carried out as planned.

KSL does not have any investment in China. It also have very few property buyers from China.

@monorail, TWY progress is at which level now?

REHDA says there is a big shortage of affordable homes.

http://www.theedgemarkets.com/article/rehda-no-housing-glut-msia-needs-32m-more-homes

@origins, thanks for the link. Very obvious and clear that he still owns a lot of landbank privately.

Wah! fully sold out at this poor property market. I believe there are still a lot of buyers in the market but the products launched must suit to their requirements and financial capacities.

I remember when Danny did the restructuring on Tropicana in 2013, he mentioned that the structuring was good for the minorities and Tropicana because he could full heartedly concentrate on Tropicana after injecting all his private assets. He said it would benefit Tropicana in the long run.

@origins, I agree with you. Danny should not come back to Tropicana. The company is aldy in bad shape because of his interference. Good professional managers left the company partly because of the share options. We don't want Tropicana to be like Berjaya Group.

Last few years, Tropicana managed to hire a few top professional managers in the property and corporate world. They included Yau Kok Seng, Kok Kong Chin, Edmund Kong and a few others. However, one by one they left the company. The last to leave was CEO Yau Kok Seng. Part of their remunerations is in share options. If you look at the share price movement, I think they do not make any money from the share options scheme.

Tabung Haji is selling KSL and buying Symlife. Why?

Sapura Energy is in technology based oil and gas business. Looking at the current diminishing situation, the morale and the efficiency of the company will definitely be affected. Just look at the once market leader, Seadrill and its fate.

@chuahtc, thanks a lot. two more questions,

Tissue and toilet paper are using which type of waste? Is it mixed waste?

Corrugated carton boxes use old KLS waste?

David, do you have the historical cost of the waste paper price? For example price per ton for Nov 17, Dec 17, Jan 18, Feb 18 and Mar 18 so that we can have a feel of the movement of waste paper.