Calvintaneng :10 years ago TalamT has Rm500 millions debt Today it has settled Rm440 millions Debt is now only Rm68 millions
Ppl who invest in TalamT 10 years ago would hv waste 10 years of capital gain. They hv so many land now but dunno the management is competent n honest enough to turn them into profits. See sapnrg, got revenue but report loss. Just my lousy idea.
Eastern686 Calvintaneng :10 years ago TalamT has Rm500 millions debt Today it has settled Rm440 millions Debt is now only Rm68 millions
Ppl who invest in TalamT 10 years ago would hv waste 10 years of capital gain. They hv so many land now but dunno the management is competent n honest enough to turn them into profits. See sapnrg, got revenue but report loss. Just my lousy idea. 28/06/2019 9:14 AM
WHO ASKED YOU TO BUY TALAMT 10 YEARS AGO AT RM1.00?
WHEN TALAMT DECLARED A 4 SEN DIVIDEND 10 YEARS AGO ITS SHARE PRICE WAS RM1.00
NO NO NO!!
WE BUY NOW!
NOW IS THE TIME TO BUY TALAMT AS IT IS IN THE FINAL STAGE OF TURNAROUND
AND BEST OF ALL IS
TALAMT IS ONLY 4.5 SEN
HOW MUCH IS THE TOTAL VALUE OF TALAMT IN REAL TIME NOW?
4.5 sen X 4 billion shares = RM180 MILLIONS
IS THE ENTIRE COMPANY OF TALAM WITH INVESTMENT PROPERTIES ALONE (RM190 MILLIONS) WORTH ONLY RM180 MILLIONS?
CAN YOU BUY A MERCEDES BENZ FOR THE PRICE OF A YAMAHA MOTORBIKE?
A COMPANY STILL WORTH BILLION IF ASSETS REVALUED FOR ONLY RM180 MILLIONS?
In Malaysia the Authorities in charge of Klse are all sleeping on their job
That is why there are two great evil
Evil number one
Shares of companies are taken private without thorough revaluation of assets
Example is daiman
Those daiman lands in jln teratai 82, Taman Johor Jaya has a book value of only 10 sen psf
Where got freehold lands in Tmn Johor Jaya in tebrau Johor selling for 10 sen per sq ft?
So many minority investors of bursa are cheated
2. Evil number 2
Since value investing in Malaysia got such pitfalls of being short changed by major shareholders most people avoid value shares and then go gambling in greater fool stocks
Syndicates seeing this anomaly are actively promoting hot air balloon stocks of no value to trap sorchai
Batch of lambs are led to the slaughter again and again
As a result the general population in Malaysia shun the stock market
Today less than 20% of Malaysia retail investors buy shares
And among these 20% the majority still go gambling in fools stocks with no Margin of safety
In the end only 5% made money
The rest will later turned against and give up on share investing
Hi Calvin, Its long term payables plus its trade and other payables totaled Rm370 million is rather high. 28/06/2019 5:29 PM
YES PRECISELY, THESE ARE LONG TERMS
NOW ALL THESE ARE BACKED BY
INVENTORIES RM348 MILLIONS
(PPE ONLY RM431K WHICH SHOW THAT TAN SRI DATUK CHAN IS VERY FRUGAL & CAREFUL NOT TO WASTE COMPANY MONEY BY BUYING HIGH END CONDO OR HIGH POWERED CARS FOR HIS OWN USE))
INVESTMENT PROPERTIES RM192 MILLIONS
INTEREST IN ASSOCIATES RM18 MIL + LONG TERM RM91 MILLIONS & AMOUNT OWING BY ASSOCIATES RM23 MILLIOBS = RM132 MILLIONS
LONG TERM & OTHER RECEIVABLES = RM58 MILLIONS
CURRENT INVENTORIES RM70 MILLIONS
TO SUM IT UP = RM800 MILLIONS
SO PAYABLE LONG TERM RM370 MILLIONS IS ONLY 46% OF NET ASSET BACKING
AND THESE NET ASSET IS NOT FIXED IN VALUE WHERE PAYABLE IS FIXED
ONE HUNDRED ACRES OF GOMBAK LANDS IF REVALUED TO RM80 PSF WILL BRING IN Rm348 MILLIONS
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2959 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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
56,026 posts
Posted by calvintaneng > 2019-06-27 23:21 |
Post removed.Why?