If we wanna sell at 0.66, why we need to hold it until today?

Confirmed i will throw the offer letter into dustbin.

Guys, sorry for delay as busy.

What I learned from AGM this year?
1. New meeting room, it really look nicer compared to the old meeting room.
2. TAGB AGM started at 9.45am due to overwhelming investors came to this AGM this year.
3. Tiah Joo Kim said TA and TAGB is not that growing fast company. He said if the company grow too fast, it can get burn faster as well.
4. Some unquoted shares TA invested are derivatives instruments, they can't name to us as this is private and confidential.
5. Bad debts > 5 years, some of them are bankruptcy, hard to get recovery. However, they still will do the recovery it if there is a chances.

Last but not least, thank you Sslee for all the questions that you raised in the AGM. We need more investors like you and i have learned a lot from you. Big thanks to you.

Buy stock based on good announcement? I think the person need to study more on how 10% make money in stock market and learn from them.

1. World cup is not held in Malaysia and Bursa will not close for 1 month.
2. I believe everyone know Hari Raya on 15June2018.
3. We need to worry if there is no meeting for Malaysia's new parliament.
4. Minimum wages below RM1000 only can buy stock? Sound funny.
5. 0% GST or 0% SST forever will bring Malaysia go bankruptcy.
6. Malaysia budget its happen every year, not only this year.

Buying stock is buying a future of company, not based on any announcements.

Hi Sslee,
Noted. Thank you so much for your words of encouragement, it means a lot to many i3 investors including me as well.

Trading Value for TA securities Holdings Berhad
From Jan18 to May18 - RM22,444,694,322
From Jan17 to May17 - RM20,563,789,164
Compared to 2017, trading value increased by 9.14% for the first 5 months in 2018.

2Q - Trading Value for TA securities ( Apr & May)
Apr 18 - RM4,095,848,850
May 18 - RM4,995,636,427
Total - RM9,091,485,277

Apr 17 - RM3,872,322,865
May 17 - RM5,336,371,907
Total - RM9,208,694,772

Compared to 2017, trading value slightly decreased by 1.27% for Apr & May 2018. Anyhow, nothing to worry.


Let's look at the brokers performance from Jan to May18.

Trading Value Market Share
Affin Hwang Investment Bank Berhad - 12.27%
CIMB Investment Bank Berhad - 9.79%
Maybank Investment Bank Berhad - 9.41%
Kenanga Investment Bank Berhad - 8.72%
RHB Investment Bank Berhad - 7.33%
Macquarie Capital Securities - 5.14%
Aminvestment Bank Berhad. - 5.09%
Credit Suisse Securities - 4.55%
Hong Leong Investment Bank Berhad - 4.28%
UBS Securities Malaysia SDN BHD - 4.13%
TA Securities Holdings Berhad - 3.79%

As you know, Kenanga enters negotiations to acquire Inter-Pacific Securities 3 weeks ago. Merger and acquisition become a trend and this will be the theme and Catalyst to move TA share price higher and higher this year. Once RM0.70 is break, then above RM1.00 is on the cards.

Currently, TA securities is ranking at No.11. Let say you are CIMB, Maybank or RHB board of director, and intends to increase your market shares in stockbroking business, which company do you target first? CIMB to buy Maybank or RHB stockbroking business? Maybank to buy CIMB or RHB stockbroking business? RHB to buy Maybank or CIMB stockbroking business? No, no, no!!! It will never be easy to happen at least for now.


CIMB targets TA securities
RHB targets TA securities
Maybank targets TA securities


Above 3 scenarios look possible. When one of them buy over TA securities, thier market shares will surpass or same with Affin Hwang and become the market leader in stockbroking business.

Chinese sayings “物以稀为贵”

Let see whether the share price can break above RM0.70 before Hari Raya.

Good luck and all the best, good night!

27 June 2018, Wednesday,10th Floor, Menara TA One.
10th AGM of TA Global Berhad- 9.30a.m
28th AGM of TA Enterprise Berhad- 11.30a.m

Hi Sslee,

You commented to Calvin as per below,
Since TA did not proposed any dividend for this year why not you write in to the TA BOD to propose resolution of dividend in specie distributing 1.5 TAGB to every TA share to be vote on in the coming AGM. I will be there at the AGM to debate with the BOD and vote for such resolution.
Thank you.


Will you join the upcoming AGM? Looking forward to see you there.

Luckypunting, according to company listing prospectus, TA Global dividend policy payout at 20%-50%. It is hard for TA Global to do it quarterly because the administration costs will increase without value added. In the economic of scale, this is not suitable.

No comply then how? Just seek approval from Bursa for extension only. TAGB should follow the public shareholding spread requirements, but it is not a must to comply before 28June2018.

May 30, 2018 02:58 PM | Report Abuse

TAGB must comply with the public shareholding spread requirement before 28 June 2018.

This fellow i lazy to bother him as well.

Apr 4, 2018 04:24 PM | Report Abuse

Villa 1668, where r u ? Hihihi ........ 俗話說 ：“ 厲害就好，不要假厲害. ”。" Kei Gao "

Singh1, feel proud u still remember me...:) However, i will only update you all during night time as busy during daytime. Please stay tuned for more details.

Will bring the latest news to you all after attend the coming AGM.

Will bring the latest news to you all after attend the coming AGM.

TA share price drop -15% from 52 weeks high.

1973年巴菲特投资华盛顿邮报公司后,不久股价就下跌了20%左右；1987年巴菲特投资所罗门兄弟公司优先股后,因为出现公司丑闻导致两年内几乎被赔了个精光；1988年巴菲特买入可口可乐公司股票后,由于当时也处于股灾阶段,股价很快就下滑了30%；2002年巴菲特买入中石油H股后,账面亏损时间长达3年之久……即使这样又如何呢？众所周知,上述每只股票都给巴菲特带来了不菲的回报,更为巴菲特的投资经历增添了许多传奇色彩。

RVI123, it must be a good experience to stay in trump hotel in vancouver

Omg....Just drop a little scream like no tommorow...go and check how many counters drop in klci today first...

Support Calvin....

Jan 8, 2018 08:59 AM | Report Abuse

Number of shares : 1,711,909,630

Net profit attributable to equity holders of the parent
Dec 2016 - RM112,845,000
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 2016 - 1.70
Dec 2015 - 0.40
Jan 2015 - 1.80
Jan 2014 - 2.80
Jan 2013 - 1.80

Let conservative again.
Let say TA net profit in Q4 is RM0. Full year profit will be RM232,961,000( equal to first 9 months). This is still the highest within 5 years. Assuming TA declare final dividend 2.80 per ordinary share (i use the highest within 5 years).

Total dividends payout 2017 as per below:
0.028 x 1,711,909,603 : RM47,933,469

Dividend per share = Total dividends paid out / Number of shares
Dividend per share = RM47,933,469 / 1,711,909,630 units
= RM0.028

TA closing price = RM0.65

Dividend Yield = Dividend per share / Price per share
Dividend Yield = RM0.028/RM0.65
= 4.3%

Dividend yield 4.3% is still attractive compared to fixed deposit. I hope everyone can understand and benefit from it with my simple explanation.



Result bad? In fact, it is the the highest within 5 years. Nothing to make me worry.

Cheshirecat, dont just read and forget to buy, let become shareholder together. TA have a lot recurring income, recurring income & recurring income from hotels & brokerage fees. Income not stable for the last 2 or 3 years because company spent a lot money for hotels refurbishment, this is to create future value for company. Not many companies have this recurring income sources, but TA is one of them. Besides, when TA launch a property, they will not sell all the units, why? Because they want to get recurring income in the futures. Buy TA, you can tell your family and friends you own a little piece of land in KLCC area, not only that, you own a portion of hotels in Thailand, Singapore, Melbourne, Sydney, Canada and China. Last but not least, you own a hotel in Melaka as well, which the profit is for corporate social responsibility.

Lele, wish you "狗年大吉"
Air ticket going to Africa is not cheap, if you want to get a free ticket going to Africa, it is never too late to buy TA now.

hopetobecorrect, u mentioned 1 important point.
Your No.2 comment, i am not clear whether TA is allow to give TAGB shares to TA shareholders under listing requirement in Malaysia. If yes, believe TA will consider it. Why it may happen? 1. TA can reserve thier cash and use TAGB shares a dividend payout. 2. Give back to TA shareholders instead of simply sell cheap price to public. 3. TAGB public shareholder spread requirement will increase.

Calvin, know that you make a lot of efforts to teach public how to fishing the undervalue company. Of course, not 100% will appreciate it, but i am one of them who appreciate you a lot.

Sorry guys very busy recently. I know a lot of people miss me especially Ong Eng Lee and Lele. Why TA drop from RM0.69 to RM0.60? I think some of them dont understand what is the meaning of market correction. Whole world market drop, not only TA alone. For those who sold earlier and bought back and hold recently, they are smart. For those who sold earlier and did not buy back, they will regret very very soon.

Post removed.Why?

Let see whether will gap up later on.

Maintain buy, good outlook.

Tony know better than us, his action hints to us already.

Believe TA will close higher today after healthy correction.

TA Enterprise, 4898

TAGB will up tomorrow. Worry about Tony will stop to acquire more shares? We are wrong, bursamalaysia website shown that Tony still continue to buy more after the shareholding spread

luckypunting, amazing, your prediction is correct :)

In stock market, only 3 outcomes. Price up, down or remain the same. I am worried share price drop? No, it give me opportunity to acquire more. Happy to say that i have accumulated more than 500k units of TA. I will continue to buy more.

Last option:

TA enterprise buy all TAGB shares & delisted TAGB since it is undervalued. Tony increase his stake to 100% is impossible, but TA Enterprise can make it.

TA owns 60.1748% of TAGB shares.

The Board of Directors of TA Global Berhad (“TAG”) wishes to announce that its public shareholding spread of 24.76% based on Records of Depositors as at 29 December 2017 is not in compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR of Bursa Securities.

The percentage represents a shortfall of 0.24% from the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders.



TA might sell some TAGB shares to institutional investors? By doing this, TAGB shareholding spread will achieve 25% above & this will unlock value for TA.

Another possibility.

TA enterprise intends to dispose some TAGB shares to institutions.

Wondering whether TA can give free TAGB shares to their shareholders as dividend to increase TAGB shareholding spread to above 25%?

Another method to increase the shareholding spread to above 25%

Instead of declare dividend per share, probably company can issue more shares and pay to existing shareholders.

Example: Layhong - Continue

https://themalaysianreserve.com/2017/04/03/ql-resources-sells-entire-stake-in-lay-hong-for-rm60-6m/

Example: Layhong

https://www.thestar.com.my/business/business-news/2015/03/31/lay-hong-to-reduce-share-placement-to-15/

Example:

http://www.theedgemarkets.com/article/tmcs-public-shareholding-spread-falls-below-25

Most of the shares drop a lot these 2 days, TA maintain quite well. It may hints us that Q4 results is still good. Target at least RM70million net profit...

Tony should know the rule and regulations that public need to hold at least 25% from the beginning. Believe Tony will continue to buy TAGB shares, and maybe he have other plans.

TA Enterprise buy all the TAGB shares since public not interested it?

Year end 0.50 :)

RM0.68 a lot of buyers....

Genting Group’s family feud continues in court

This news appear in newspaper today.
Please refer to:
http://www.straitstimes.com/asia/se-asia/feud-casts-cloud-over-empire

Why i need to mention it? This is very important to TA Enterprise.


Dato Lim Tee Keong, the eldest son of Genting founder Tan Sri Lim Goh Tong, lost a huge sum of money and TA Securities is suing him for Rm 146.62 million. Tee Keong passed away in April 2014.

Please refer to:
http://www.theedgemarkets.com/article/ta-enterprise-looking-tee-keong’s-assets

Net profit 2017
Q1= RM83,217,000
Q2= RM70,894,000
Q3= RM78,850,000
Q4= coming soon

Nowadays, TA's profits are strong and likely to get stronger. Can you imagine that if bad debt RM146.62 million recover & receive by TA enterprise?

RM146.62 million, what is the meaning for TA?
= TA's current 6 months net profit
= RM0.08 per share
= Additional cash increased by 14% based on cash and bank balances RM1,036,503,000 as at 30sept2017

Parent give you a house to stay and you must know how to appreciate. We should not always hope that parent sell the house and give back all the profits to you. Same goes to TA enterprise, TA gave dividend to shareholders once a year, i believe this is good enough. Wait for TA sell all the assets and give it back to shareholders? I think TA go holland first.

RM1billion = RM1,000,000,000 ( 1 thousand million)

Gross Development Value (GDV) = Construction costs + Transaction fees + Purchase land price + Developer profit required

Ampang park shopping centre : 4.5 acres
Berjaya Time Square: 10 acres

TA Global have total 746 acres (301.09 ha) of land bank both locally and internationally under its property development division.

Current launch
Ativo Suites in Damansara Avenue, part of the 48 acres, with GDV RM500 million
- 2 towers of 668 serviced residences (first tower is now 90% sold)
- Unit sizes from 500 sq ft to 1500 sq ft, from RM440,000 onwards
- Completion by mid-2021

Upcoming launches
TA 3 & 4 in KLCC, 2.3 acres with GDV RM2.15 billion - expected to be launched 2Q2018.
- Two towers atop a 10 storey podium
- Tower 1 will be 62 storeys tall with 384 room 5 star hotel and 308 serviced apartments.
- Tower 2 will be 66 storeys tall with 269 branded serviced residences
- Completion by 2Q2023

Dutamas - 4.55 acres with GDV RM482 million- Expected to be launched 2Q2018.
- 2 blocks of 38-storey and 25-storey housing 364 residential units
- Units sizes ranging between 1000 sf to 2500 sf
- Completion by 2Q2021

Nova Square in Jalan Imbi - 3.12 acres with GDV RM2.3 billion - Expected to be launched 2019
- 3 block, 80 storeys, 1900 units

Ativo Annexe in Damansara Avenue - part of the 48 acres, with GDV RM2.5billion, first component expected to be launched 1Q2019
- mixed-use project

Kluang in Johor - 95 acres with GDV RM450 million
- 531 landed homes

Future launch
Bukit Beruntung (roughly halfway between Serendah and Batang Kali, near to Rawang)
- 272 acres (110ha)

Last but not least, please remember:
TA Global still have 75% landbank not in the planning stages.

Better than a lot of property companies need to buy lands and develop for it.