Ha ha...Mr Calvintaneng...GONG XI FA CAI! Thank you for all the great articles that you have posted..Great read. Like you mentioned INSANE investment comes INSANE profits later..Follow you...
There are plenty of missing points here.... For example 1) Sale of Little Bay Cove in Sydney 2) Landbank opposite KLCC (BV of 716/sq ft v. MV of above 3500/sq ft) 3) Bukit Bintang land (BV of 682/sq ft) 4) Hotel portfolio i) Radisson Plaza, Sydney (5 star) ii) Westin, Melbourne (5 star) iii) Aava Whistler, Canada (4 star) iv) Swissotel, Singapore (4 star) v) Swissotel, Kushan, China (5 star) vi) Movenpick, Phuket (5 star) 5) Trump tower
There are plenty of missing points here.... For example 1) Sale of Little Bay Cove in Sydney 2) Landbank opposite KLCC (BV of 716/sq ft v. MV of above 3500/sq ft) 3) Bukit Bintang land (BV of 682/sq ft) 4) Hotel portfolio i) Radisson Plaza, Sydney (5 star) ii) Westin, Melbourne (5 star) iii) Aava Whistler, Canada (4 star) iv) Swissotel, Singapore (4 star) v) Swissotel, Kushan, China (5 star) vi) Movenpick, Phuket (5 star) 5) Trump tower 17/02/2018 10:58
YES!
You are correct!
There is lots more about TA ENTERPRIZE
Just like you need 3 days to visit all the Fun places in Universal Studio, USA. So 2 or more articles are needed to see THE COMPLETE PICTURE OF TA
So coming up next will be
1) The Story of TA (Tony & Alicia). Tony's got his wealth from his father who was the MP for Mersing. But it was the business acumen of Alicia who made TA great
2) How they sent their son to USA, Australia & Spore for studies. From there they invested in real estate assets. So the spin off of TA Global
These and more will come up later
Btw
At the Depth of the Asian Financial Crisis TA ENTERPRIZE survived with
RM1 BILLIONS IN CASH. As told me by Jason Tan, the Finance Director of TA then.
TSVT of Bj Corp wanted to borrow money but was turned down as TA was then on a very frugal stringent cost cutting measure.
There are plenty of missing points here.... For example 1) Sale of Little Bay Cove in Sydney 2) Landbank opposite KLCC (BV of 716/sq ft v. MV of above 3500/sq ft) 3) Bukit Bintang land (BV of 682/sq ft) 4) Hotel portfolio i) Radisson Plaza, Sydney (5 star) ii) Westin, Melbourne (5 star) iii) Aava Whistler, Canada (4 star) iv) Swissotel, Singapore (4 star) v) Swissotel, Kushan, China (5 star) vi) Movenpick, Phuket (5 star) 5) Trump tower 17/02/2018 10:58
Coming up in TA part 2
1) TA stands for T = Tony & A = Alicia. Tony got his Capital from his father who was once the MP for Mersing
2) How TA expanded into Real Estates due to their son going overseas for Study in Canada, Australia & Singapore. And later the spin off into TA Global
“To buy when others are despondently selling and to sell when others are avidly buying requires the greatest of fortitude and pays the greatest ultimate rewards.“
“Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”
“If you want to have a better performance than the crowd, you must do things differently from the crowd.”
4) Implement rules for Financial Education among Malaysian Youths. This was not taught in school.
5) In Spore the Govt tells all to invest in Real Estate through the HDB Plan. So Singaporeans mostly own their homes rather than renting
6) Singapore Govt also gave "Free SING TEL" Shares to all citizens above 21 year old to encourage savings by Investing in the Share Market. For Malaysia Govt could give 100 shares of Petronas to all Malaysians above 21 years old to encourage investment in the stock market
7) The share market is not a casino. It is a place for long term investment to prepare for retirement in old age. And as a Store of wealth for future generations. So like leaving behind a legacy
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,701 posts
Posted by calvintaneng > 2018-02-17 01:23 | Report Abuse
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