Any rebound is a time to take profit or sell, then switch your capital to other potential counters. Never invest in sunset industry. Ask yourself, u spend more time surge i3 or watch Astro channel? If your answer is i3, that mean you agreed with me that people are relying on Internet already....Internet can do many things, can watch a lot of movie, drama, football live, etc. Why we need to pay extra to Astro and stick your time on sofa to watch Astro channels?

Let say PH government force Astro to reduce their subscription fee to clients, then confirm limit down.

Heading to RM0.50 before end of this month.

US Market continue to drop, but Genting and Genm will going up.

Yes, sunset biz. Limit down on the cards.

Genting make me sleep well compared to small cap stocks at this moment.

Try to find a support before continue going up. Genm and Genting save bet compared to you chase high in order counters currently.

Limit down on Wednesday?

Many awaiting to get cheaper price on Monday. From the highest 7.78 and suddenly drop to 7.20 today, which is 7% discount immediately already. Don’t forget, market have expected tax hikes in this budget. Please refer: https://calvinayre.com/2018/10/19/casino/tax-hikes-wont-problem-malaysias-casinos-say-analysts/

From RM0.65 to RM0.595, -9.8%. Compared to other counters or funds, easily -20% above. I am happy with the current situation...

Reserve some of your capital in case US market crash and enter into bear market. It is very painful if you do not have cash to buy during crisis.

OMG, reserve some of your capital in case coming quarter report show in red.

For people who hold a lot of units hard to run with small volume.

Negative cash flow in last quarter may give us signal coming quarter results might incurred losses. Projected capital expenditure > current profit is one of the major risk for Layhong.

TA still stable compared to other counters. Hopefully can maintain at RM0.60. Let say breach below RM0.60, probably people will sell with low volumn.

Wondering the recent sell down in the world market will impact TA’s earning for the Q4 results. TA have a lot of securities investment.

Director buy back shares doesnt mean the share price will rebound, i dont like this counter personally.

Look at the Seacera as an example, low really can go lower...

Have a reason to believe that chicken king article is from syndicate. New created account. Never invested in syndicate counter, otherwise we may loss a lot of our hard earned money.

Billy K, many tvbox in the market already.

Fyi.
https://www.bein.net/en/tv-guide/

You can watch the Bein sport channels for free.
When i installed about RM300 plus, for 1 time charge only.

Just install tv box, watch football live for free. Why need to subscribe astro? La Liga, EPL, etc,. All available in TV Box. Including Spain vs England match tonight.

Still not low enough, wait PE come down below 10 first....

http://www.theedgemarkets.com/content/friday-takeaway-picking-safe-consumer-harbour-1

Forget about Titijaya, many property counters better than this.

Outside roti canai better than Kawan, kuah very important

Tried the roti canai before, the taste not nice.

Wondering how many people afford to buy property now. Once property completed, a lot in vacant position.

Still unable to see the bottom, where is the bottom?

What is the main reason price drop to this level?

Many property counters really drop a lot like KSL, Titijaya, etc....

Lele, referring to above info, what is your message you going to deliver to tagb shareholders?

Public shareholding issue take time solve.TAGB low volume mainly due to weak property market sentiments. Major risk for TAGB is the TA 3 & 4 costs, wondering how many people afford to buy.

Volume still remain very low. Will wait patiently to buy in case drop below RM0.60.

Jackkin, no more revised next month. Let say the MGO still in the progress, Datuk Tiah still can revise before 5Oct2018. Forget about the MGO, it is back to market sentiment and company fundalmental.

Press down 20% to 30%, so much? I will park some buy queue if really drop below RM0.60...Help support a bit.

Yes, it looks weird...

Buying volume so little, seller just sold a little bit, make the price drop easily. Hopefully got some buy queue support tomorrow...

Will trigger panic selling tomorrow?

Chang24, you invested a lot in tagb? This forum very quiet...

Yes, Calvintaneng, please help to do something.
Sslee, are u intend to buy more in the open market?

Jackkin, the information stated in the offer document dated 20Aug2018, page 12, no.2.

No.2(i) The offer will remain open for acceptances until 5pm on 12 September 2018, which is the first closing date, or such later date as TA Securities may announce on behalf of the Offeror unless the Offeror withdraws the offer with the SC's written approval and in such event, all parties will be released from any obligation arising pursuant to the offer.

No.2(iii) If the offeror revises the offer after the posting date, the offer will remain open for acceptances for at least 14 days from the date the written notification of the revision is posted to holders. If the Offeror revises the terms of the offer, the offeror will make the benefits of the revised offer available to the accepting holders who have previously accepted the offer.

The offer shall not be revised after 5 October 2018, being the 46 day from the posting date.

Apparently, Offeror - Datuk Tiah withdraws the offer with the SC's written approval on 12Sept, which i think is good to all the majority shareholders which they no need to wait and worry about the price cant break 0.66 anymore. It is back to company fundamental and depends on the overall market sentiment now. Look at the small trading volume and closing price yesterday, it proved that small players had let go during the MGO period, but most of the big players still remain here as they look at the value of the company.

Here again, the TA share price did not crash yesterday. In the event that TA cant submit its quarterly report, then the share price confirmed crash.

Yes, small players determine the share price today. Once the sell block 33007 lots @ 0.665 disappear, i have a reason to believe TA will start to trade above RM0.665.....For those who wanna quit mostly have sold, resistance become lesser and lesser.

Singh1, i totally agree with your above information...cheers.

Jackkin, people here are very clever, they wont simply follow blindly. Besides, I am not so powerful can influence people as well. Please get yourself to understand the last date Datuk Tiah allow to revise the price before you continue to give false/incorrect information here. Thanks.

For me, if Datuk Tiah

1. 12Sep - Declared achieve 50% - very worry
2. 5Oct - Declared achieve 50% without revise offer price - worry as well
3. 5Oct - Declared not achieve 50% & without revise offer price - Is Ok, we still can buy/sell in the market
4. 5Oct - Declared not achieve 50% & revise offer price - Happy but need to know the price first

Revised price to:
Below RM0.90 - Not reasonable price again.
RM0.90 to RM1.20 - No feeling but expected this should be a price range to attract more sellers.
RM1.20 to RM2.00 - Not reasonable, but will consider to sell around 20% to 40% to diversify the portfolio.
RM2.00 to RM2.50 - Still not reasonable, but will consider to sell and keep at least 20% balance of my portfolio.
Above RM2.50 - Reasonable & accepted all the offer.

Anyone agree with me?

I would like to say that the outcome mostly fall on 3 & 4 only, i never mentioned "worry" on 3 & 4 at all.

In conclusion, i just worry 1 & 2 only but I realized some of them too worry and focus too much on 3. Please analyze the whole pictures.

Crash = suddenly drop 20% to 30%.

Will TA crash if scenario 3 happen? Apparently No. Why? Ask some supporters here, will they going to sell if TA drop 20% once MGO failed? I am the first one who 100% will not sell it below RM0.66. Besides, everyone know TA is valued at RM2.60 & dividend yield & good fundalmental to support. All above factors will continue to support TA share price.

"""$$$"""Enjoy a long holiday"""$$$""""

plroo7 & free2invest, thank you for the support. I also very agree with you..

Will TA share price crash or delisted if MGO fails? No, right? We still able to trade in the market, why need to sell? 100% believe in BDO as well.

While everyone are eyeing and focus on RM0.66 offer price, we should not ignore the Q2 profit of RM97million just announced on 30Aug2018 as well, YTD: RM226,555,000 net profit.


I would like to interpret this again.

Number of shares : 1,711,909,630

Net profit attributable to equity holders of the parent
1H 2018 - RM227,555,000
Dec 2017 - RM214,884,000
Dec 2016 - RM158,179,000
Dec 2015 - RM 2,286,000
Jan 2015 - RM113,379,000
Jan 2014 - RM137,379,000
Jan 2013 - RM 82,329,000

Final dividend of x sen per ordinary share
Dec 2018 - ???
Dec 2017 - 4.10
Dec 2016 - 1.70
Dec 2015 - 0.40
Jan 2015 - 1.80
Jan 2014 - 2.80
Jan 2013 - 1.80

Let use the conservative method,
Let say TA net profit in 2H 2018 is RM0. Full year profit will be RM227,555,000 ( equal to first 6 months net profit). This is still the highest within 7 years. Assuming TA declare final dividend 4.10 per ordinary share (i use the highest within 7 years).

Total dividends payout 2017 as per below:
0.041 x 1,711,909,603 : RM70,188,293

Dividend per share = Total dividends paid out / Number of shares
Dividend per share = RM70,188,293 / 1,711,909,630 units
= RM0.041

Initial MGO price = RM0.66

Dividend Yield = Dividend per share / Price per share
Dividend Yield = RM0.041/RM0.66
= 6.2%

Dividend yield 6.2% is still attractive compared to fixed deposit.

Whether or not Tiah will revise the MGO price before 12Sept2018, the expected upcoming dividend yield will sustain the TA share price.

I received 3 copies of documents including my family members. I opened 1 to read thru, just for myself learning purpose, not to fill out the acceptance form. Another 2 copies just leave it on my table without open. In less than a weeks independent advisor circular report will release, please wait with patience and relax.

From:
T: Announcement of take over.
T+21 (“D”): Last day to dispatch the offer document.
D+10: Last day to circulate independent advice circular and company’s BOD comments on the takeover offer.
D+21: Earliest day to close the offer (50% voting right achieved)
D+46: Last day for posting revised offer (if any).
Last day for closing of takeover offer if the acceptance condition is fulfilled.
D+60: Takeover offer close if the acceptance condition (50%) is not fulfilled


T: 2July2018
D: 20Aug2018 (SC have granted the extention, it should be 23July2018 if follow T+21)
D+10: 30Aug2018
D+21: 10Sep2018
D+46: 5Oct2018
D+60: 19Oct2018

Revised to
T: Announcement of take over.
T+21 (“D”): Last day to dispatch the offer document.
D+10: Last day to circulate independent advice circular and company’s BOD comments on the takeover offer.
D+23: Closing date (50% voting right achieved)
D+46: Last day for posting revised offer (if any).
Last day for closing of takeover offer if the acceptance condition is fulfilled.
D+60: Takeover offer close if the acceptance condition (50%) is not fulfilled


T: 2July2018
D: 20Aug2018 (SC have granted the extention, it should be 23July2018 if follow T+21)
D+10: 30Aug2018
D+23: 12Sep2018
D+46: 5Oct2018
D+60: 19Oct2018