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30 comment(s). Last comment by calvintaneng 2024-01-14 10:29

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-01 20:50 | Report Abuse

AMAZING TESTIMONY OF TAN SRI DATUK CHAN ON TALAM TRANSFORM

Some lessons

1) WITH RM7 BILLIONS IN ASSETS AND RM5 BILLIONS IN BORROWINGS

2) TO BE THE BIGGEST PROPERTY DEVELOPER 20 YEARS AGO (TALAM, LARUT, BRISDALE & KEURO)

3) NEED TO HAVE VERY HIGH TURNOVER. DUE TO SHEER VOLUME PROFIT MARGIN IS VERY THIN

4) AT THAT TIME SALES PER WEEK WAS RM25 MILLIONS TO PAY BANK LOANS & CONTRACTORS FOR BUILDING 13,000 HOUSES

5) SUDDEN CHANGE OF GOVT POLICIES REGARDING HILL SLOPE DEVELOPMENT & CUTTING DOWN OF FOREIGN WORKERS CUT SALES BY 80% FROM RM25 MILLIONS PER WEEK TO ONLY RM5 MILLIONS

6) CONTRACTORS STOP WORK & BANKS CHASING FOR PAYMENT = LEADING TO LOAN DEFAULT & PN 17

7)IN YEAR 2005 TALAM SHARE PRICE COLLAPSED FROM RM1.00 TO 10 SEN (A crash of 90%)

LISTEN AND VIEW THE WHOLE STORY TO SEE THE MIRACULOUS TRANSFORMATION OF TALAM

https://www.youtube.com/watch?v=tvaJbMPzRZc&feature=youtu.be

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-01 21:37 | Report Abuse

From Talam year 2005 the Price of Rm1.00 it collapsed to only 10 sen

By year 2009 Talam did a stock split of 1 share into 3 shares

So the cost is 3.3 sen per share

Today already 10 years have passed Talam is still trading at 4 sen to 4.5 sen

Just think

Is the land asset value of Talam in year 2009 the same today?

How many of us have bought houses in year 2009 and see our house prices doubled and tripled by now?

Is Talam NTA still at 8 sen?

Should it not be 16 sen to 24 sen?

AND if Talam should develop them and sell like Seroja Apt in Dengkil should not the value be even higher?

Beary

1,553 posts

Posted by Beary > 2019-06-02 00:07 | Report Abuse

Conman calvintanenen

Could ah chye be praying to the wrong god all these while?

Years ago the old man chose to built klia in sepang instead of near his land north of kl.

Now the old man returned just in time against all odds to realign ecrl to avoid his land.

I think he should pray to the old man instead.

What do you think?

Blessing in disguise?

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 00:39 | Report Abuse

Well beary,

God has His purpose carved out

In any case Ecrl also passes through Putrajaya .
South of Putrajaya is Dengkil where Talam has Apts almost ready for sale

So these Apts now with cash raised from Pp will be completed just in time by Oct 2019 for outright sales.

As for Serendah lands MCE the spare parts manufacturer for Proton, Perodua has bought land in Serendah for expansion due to boom in Proton City

And you must know that Drb which owns Proton City also in Top 30 shareholders of Talam through Pos

God is great!

Beary

1,553 posts

Posted by Beary > 2019-06-02 10:11 | Report Abuse

Conman calvintanenen

Feng shui masters con you for 8-10 years.

Your god cons you for life.

Promises you heaven and hell.

When you die it's light out my friend.

Can you still go and lodge an official complaint why you are not in heaven and that god cheated you?

Laugh die me hahahahahah

There is a reason why religion people are the most distrusted people in the world.

Speaking and proselytising without proof or reasons.

Used car salesmen come a close second.

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 11:42 | Report Abuse

Beary,

You can keep your unbelief and agnosticism to yourself

As for car salesman?

That is too low a job for Calvin. Calvin was no car salesman but a professional car wholesaler.

Calvin sold cars for Telekom, Gamuda, SP Setia, Muhibbah, Menang, Genting, Guinness, L&G, Southern Bank, Umbc Bank, Hong Leong Finance & Credit, Rhb Finance & Credit, AM Finance and unlisted Companies Like Tong Garden, Sincere Match and so many others.

Calvin wholesale Company fleet cars to all over West Malaysia and Sabah & Sarawak

One of Calvin's top purchase is Mr Chok of Universal Motor from Jalan Apas, Tawau, Sabah

Get it straight!!!

Beary

1,553 posts

Posted by Beary > 2019-06-02 11:48 | Report Abuse

Conman calvintanenen

Likewise you can keep your belief to yourself.

Don't use religion as a facade to con people.

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 11:51 | Report Abuse

Beary bear

Yes, if you are not interested no need to read what Calvin posts

Just go elsewhere and mind your own business

Others whataspped Calvin to show gratitude

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 11:56 | Report Abuse

What is the message from Tan Sri Datuk Chan?

It is

1) HOW NOT TO BE ASSET RICH WITH HIGH DEBT

BECAUSE IF UNFORESEEN CRISIS STRUCK

DUE TO GOVT CHANGING 2 RULES

i) CANNOT BUILD ON HILL SLOPES
This affected many Talam projects

2) RESTRICTION OF FOREIGN WORKERS
This caused wage spike as employing local workers incur high cost

SO CANNOT COMPLETE 13,000 HOUSES ON TIME

NOT ENOUGH CASH FLOW TO SERVICE BANK LOANS

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 11:59 | Report Abuse

Then TALAMT Got Into Financial Difficulty & PN17

WITH HUGE RM7 BILLIONS IN ASSETS AND RM5 BILLIONS IN DEBT

ASSETS WERE FORCED INTO LIQUIDATION & FIRE SALE

IF SOLD AT FIRE SALE PRICES THEN NTA WILL FALL BELOW SHARE PRICE

SO TALAMT MUST FIND A WAY TO GET HIGHER VALUE FOR ITS ASSETS

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 12:06 | Report Abuse

AND WITH NO WHITE KNIGHT & NO ONE TO TURN TO TAN SRI DATUK CHAN FOUND CHRIST JESUS

THAT WAS HIS TURNING POINT

HE NAMED TALAM TRINITY

TRINITY STANDS FOR

GOD THE FATHER
GOD THE SON
GOD THE HOLY SPIRIT

BUT SOMEONE ALREADY OWNED THE COPYRIGHT NAME TO TRINITY SO HE CHANGED IT TO TALAM

TRANSFORM OT TALAMT

IT COMES FROM A BIBLE VERSE

IF ANY MAN BE IN CHRIST HE IS A NEW CREATION (CREATURE)

2 Corinthians 5:17 King James Version (KJV)
17 Therefore if any man be in Christ, he is a new creature: old things are passed away; behold, all things are become new.


SO TALAMT IS NOW IN TRANSFORMATION

READ VERY VERY VERY CAREFULLY THE WORDS OF THE 7 SONGS BY TAN SRI DATUK CHAN

THEY ARE PACKED WITH DEEP DEEP MEANING

https://www.youtube.com/watch?v=tvaJbMPzRZc&feature=youtu.be

Posted by Yap Sze Yai > 2019-06-02 12:11 | Report Abuse

Biggest conmen

Beary

1,553 posts

Posted by Beary > 2019-06-02 13:38 | Report Abuse

https://www.facebook.com/357582290930791/videos/454274282001003/

Saw used car salesman aka professional car wholesaler conman calvintanenen filling up his car just now.

wlchew

30 posts

Posted by wlchew > 2019-06-02 14:28 | Report Abuse

if you have been in the market as long as me or kyy you will know tan ah chye operates. good luck

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 14:56 | Report Abuse

TalamT has pared down debts from Rm500 millions to only Rm50 millions

And after selling Seroja Apts in Dengkil debt will be totally 100% cleared

After that TalamT will start paying dividends again like year 2005 and before

In year 2005 TalamT paid a 4 sen dividend

So expect good dividends again as good times expected to return for Talam Transform

When all the good news are out TalamT won't be selling so cheap anymore

Remember Calvin promoted Carimin at 39.5 sen when oil and gas still in doldrum?

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-02 16:04 | Report Abuse

No. No dishonest con job

Money gotten by deceit and lies will not last

You must work hard in life and also work hard in investments

Read widely. Think deeply. Invest while price is low and people are fearful. And sell into euphoria when others are greedy. Diversify for safety. And buy value for longer term view.

These are the hallmarks of success!

kasinathan

967 posts

Posted by kasinathan > 2019-06-03 05:24 | Report Abuse

The recent recommended stocks from Calvin in Duta land, Apac, Ahmad Zaki all proven misleading and unsustainabl. The prices up for a waile but dropped back to the below wster again prior to his recomedation

The profit of these companies are very volatile and unpredictable. Without consistency in profit, the share spike will only trapped investor as crab!

Very conflict of interest... Shame on you Calvin!

gjcgoh

7 posts

Posted by gjcgoh > 2019-06-03 07:06 | Report Abuse

Posted by calvintaneng > Jun 2, 2019 12:06 PM | Report Abuse

Quote:"AND WITH NO WHITE KNIGHT & NO ONE TO TURN TO TAN SRI DATUK CHAN FOUND CHRIST JESUS.THAT WAS HIS TURNING POINT."

Chan Ah Chye is a conman thru & thru. Who would want to be his white knight with is dubious history since the 1980's. His modus operandi has always been to start new property development companies only to bankrupt or dormant them, such as, Brisdale, Larut, Keuro, Talam, Lestari Puchong, Puncak Jalil etc. Many of his customers face hardship thru his dubious schemes such as;
1) Abandon projects,
2) Delay projects
3) Con non-bumi buyers into buying bumi allocated units
4) No House title after taking vacant possession of property

Chan Ah Chye may think he has found his turning point by becoming a reborn christian and his new found god will absolve him of is previous sins. As far as his suffering customers are concerned, there is no turning point for him. He will have to live with all the condemnation and curse from his suffering customers and I am one of them. There is a Chinese saying that "a person's misdeeds will be paid during his lifetime, if not, his next or future generation will have to pay for his misdeeds." That is Karma.

So Calvin, please pass my message to your so-call reborn christain friend. I am still waiting for my house title since I take vacant possession from Lestari Puchong Sdn Bhd. 16 years ago in 2003 because I was con into buying a bumi unit. So chan ah chye, don't RIP yet. If you do not want to live with my condemnation, buy over my house.

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-03 08:28 | Report Abuse

Good morning

Kasinathan

My buy call for Dutaland was 39.5 sen. Since then it gave out a total of 10 sen dividends. So cost is now 29.5 sen.

For azrb buy call was 36 sen. Now 41.5 sen still up 5.5 sen

My buy call for Asiapac was 15 sen. Now at 13 sen only dropped 2 sen

If you look at all 3 as a whole they are still profitable

I also gave out buy calls for carimin at 39.5 sen. Naim at 50 sen. And Lafarge cement at Rm2. 25

In their peaks carimin and Naim both up 100%. For Lafarge Ytl taking it private at Rm3. 75

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-03 08:32 | Report Abuse

Gjcgoh

I think you should go see TalamT office to see what they can do for you

Tan Sri Datuk Chan did say that 20% of TalamT project failed. But 80% were salvaged and completed

You might be among the unfortunate 20%. As to selling you bumi lot that was before Datuk Chan got converted

Even Zacchaeus in the Bible was a wicked sinner before he repented and got saved

That is why Jesus came to save sinners

If all men are good Jesus no need come to die for our sins

Posted by Jonathan Keung > 2019-06-03 08:36 | Report Abuse

god can help only those who help themselves

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-03 09:49 | Report Abuse

Jon

This is 50% true and 50% false

God will not do for you what you can and should do for yourself

Example: eat your own food or take bath to clean yourself

BUT MAN CANNOT SAVE HIMSELF SO GOD SENT HOS SON JESUS TO DIE FOR OUR SINS TO SAVE US

SEE WWW.CHICK.COM

sensonic

690 posts

Posted by sensonic > 2019-06-03 15:21 | Report Abuse

US MARKET PLEASE DOWN ANOTHER 500 PTS TONIGHT

qqq3

13,202 posts

Posted by qqq3 > 2019-06-03 17:41 | Report Abuse

calvin....none of your share good enough for EPF to buy............

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-03 19:46 | Report Abuse

EPF has been buying velesto and Uzma

EPF didn't buy jaks or sendai

king36

1,022 posts

Posted by king36 > 2019-06-05 13:45 | Report Abuse

calvintaneng

Hong Kong has plenty of hillside development.
You should alert Tan Sri Datuk Chan and borrow some ideas from there.
Engage a good Engineering Consultant - this may help.

calvintaneng

56,446 posts

Posted by calvintaneng > 2019-06-05 13:48 | Report Abuse

King36

That was last time

Now I think the remaining lands should be the best

So should be very ok for TalamT

king36

1,022 posts

Posted by king36 > 2019-06-08 13:42 | Report Abuse

calvintaneng King36

That was last time

Now I think the remaining lands should be the best

So should be very ok for TalamT.

TQ, Calvin,
Development needs a lot of civil engineering input. Most of the problems encountered can be solved by local engineers. I should see no more such problem for Datuk in future.
Don't worry about site shift; it could be a blessing in disguise, the hilly site could be used as borrow pit for the ECRL construction. Datuk can make $$$ from that too while at the same time the land will be leveled at NO cost!
Good Luck pal.

gjcgoh

7 posts

Posted by gjcgoh > 2024-01-14 09:47 | Report Abuse

Law of Karma

The Law of Karma has finally caught up with Chan Ah Chye, the law of "as you sow, so shall you reap - good or bad". Good deeds breeds good Karma, bad deeds breeds bad Karma. The Chinese believe that parents sins if not corrected or repaid during their lifetime, their bad Karma is borne by future generation or generations depending on the severity of the parents sin.

Chan Ah Chye scandalously swindled thousands of house buyers in his numerous abandoned housing projects that brought untold hardships to his victims. The wrath of his victims have unfortunately brought his bad Karma onto his first generation eldest son to bear the brunt of his misdeeds at such a young age. May his son's soul RIP.

Chan Ah Chye, instead of doing more charity or philanthropic work to lessen or correct his bad Karma, decided to become a reborn Christian possibly thinking that his new found God will forgive all his sins. But the thousands of his victims have not forgotten nor forgiven him and neither does Karma.

Chan Ah Chye's scandalous modus operandi in the property development business is well known;
a) Setting up company or companies to develop projects
b) Swindle house buyers of their hard earned money through abandoned projects
c) Knowingly sell Bumi units at non-Bumi price to non-Bumi buyers without their knowledge
d) Bankrupt the companies, pass the companies obligations to Liquidator, leaving buyers without house title.

Chan Ah Chey, through his Talam Corporation and many of its bankrupt subsidiary companies, left thousand of house buyers high and dry from abandoned projects while still having to service their bank loans. The numerous failed and abandoned projects, just to name a few include; La Cottage Putra Perdana, Bukit Sentosa 3 in Bukit Beruntung, Taman Lestari Permai, Taman Lestari Perdana, Taman Lestari Puchong, Taman Saujana Puchong, Taman Saujana Putra, Taman Puncak Jalil, Jalil Heights, Ukay Perdana, Ukay Bistari etc.

So Chan Ah Chye (sorry, your victims feel you do not deserve your honorific titles), with the wrath of so many of your victims, do you think your sins will be forgotten and forgiven? You should prey hard to your Christian God that your bad Karma does not haunt your future generations.

calvintaneng

56,446 posts

Posted by calvintaneng > 2024-01-14 10:29 | Report Abuse

2 things happened beyond human control for Tan Sri Datuk Chan

1) Govt suddenly changed rules and forbade building on hill slopes
So planned projects halted

2) Impediment of Foreign Workers from coming in. Cause lack of cheap labour to spike high & added more cost

As a result there was cost over runs leading to abandoned projects

In his deepest Afflictions he and his Staff turned to Jesus

That is the best thing that happened to him

So many "rich men" with no trouble in life lived life like a breeze and after they died went straight to an eternal hell

So see this light in its context

Of course harm has been done to many in those abandoned projects of Talam. But not all in man's control
At least they never planned to cheat like Megan Media or Transmile

So we think there is hope for Talam

Read this

https://www.ligonier.org/learn/sermons/rich-man-lazarus

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