Posted by CrapTree > 2017-08-07 16:06 | Report Abuse

heard that story 2 years ago by some sifu.... hmmmmm... same person????

Posted by cheong3288 > 2017-08-07 16:35 | Report Abuse

wow means alot more wait ahead for talam to come out from the plunge, as CAC has no solid financial capital. Talamt Operation cost is also very very high...

Posted by chongyo > 2017-08-07 20:53 | Report Abuse

Cheong3288, I am sure you haven't spent time to analyse the last few years financial account and the corporate development surrounding Talam.

It is absolutely OK as there are many more undervalued counter out there to choose from.

Posted by CrapTree > 2017-08-10 17:08 | Report Abuse

WELL.... NO POINT KEEP ARGUING..... kikikiki......

Posted by CrapTree > 2017-08-10 17:08 | Report Abuse

all can give a view here..... unless u own i3??? wakakakaka

Posted by chongyo > 2017-08-10 21:10 | Report Abuse

To wrest Management control of Talam from CAC may not be expensive.

Talam at $0.05-0.06 give market capitalisation of about RM210-250 mil only (base on 4,217 mil share). There are a lot of free float shares. Some of the top 30 shareholders may be working quitely together to gain management control . I notice all $0.05 sell orders are snapped up everyday by someone. Someone is accumulating.

CAC and all his friendly parties, including WCE, hold only about 30%

If a group of investors can gain Management control and scrap sell the asset piece by piece, shareholders may get back $0.20-$0.30 per share. Return can be very lucrative for the takeover exercise.

Talam can be a easy target for hostile takeover as CAC don't have the financial muscle to defend.

Posted by smallvestor > 2017-08-11 16:48 | Report Abuse

Now done at 0.045 -- false alarm or panic selling?

Posted by chongyo > 2017-08-11 19:23 | Report Abuse

only a total of 517,000 share done today. If I am not mistaken, very few share done at $0.045. No panic. Someone try to press the price down to buy. I have been trying too.

Posted by chongyo > 2017-08-11 19:50 | Report Abuse

The market sentiment is really bad. It is affecting the whole market. Even good share are not spared.

Posted by TakeProfits > 2017-08-12 22:15 | Report Abuse

This one LAUSAi, yes!!. Pangsai until cry. Wait till doomsday come. Real lousy shit stock. Bad management. Full stop. Tak dak guna punya stock. Buang free, siapa mahu?? Har har har

Posted by TakeProfits > 2017-08-12 22:17 | Report Abuse

Everyone talking 3 and 4. Just get out this one and invest in better stocks lar. Why invest in speculative and lousy stock. Very sad for people caught in this one.

Posted by TakeProfits > 2017-08-12 22:24 | Report Abuse

Chongyo, can you tell me how and why the auditors approve reduction in value of this kuih Talams lands. When most lands appreciate in value. Can anyone complain to Bursa or other authorities??

Posted by CrapTree > 2017-08-14 13:02 | Report Abuse

kikiki.... fair value base on valuation

Posted by CrapTree > 2017-08-14 13:08 | Report Abuse

kikikiki..... later all this sinkalan sifu will disappear......

Posted by chongyo > 2017-08-14 21:27 | Report Abuse

TakeProfits, The auditor approved the impairment provision to the land/properties based on "valuer's report". The tax authority did't bother either to dispute any Management policy on impairment provision as there is no tax implication (that means impairement provision/loss on land/properties do not result tax liability). You know how easy just to get a valuer to give a valuation "in line with your expectation".

Then, we must look at how the huge impairment come about ! Pls bear with me to give you and other readers a bit more info and factual analysis as below.

What I am writing below are published fact obtained from Kumpulan Europlas (KEB) ,now WCE) circular to shareholders in relation to the disposal of 900 mil share in Talam to CAC. The circular was dated 8 Jan 2016 which is available in Bursa website.

1. On 21 Aug 2014, thru' a MOU, CAC offered to buy 840 mil Talam share from KEB at RM0.11. This arise from CAC having disposed all his stake in KEB to IJM, MWE and Pang of Mamee. I think CAC wanted to at least retain Talam, which is his only hope to make a come back. NTA of Talam at that point of time was $0.14. Would CAC offered to buy at $0.11 if Talam's net asset didn't worth that much ? I don't think CAC is a fool. Pls note that Talam share was trading at $0.12-0.14 during same period.

2. On 17 Oct 2014, SSA between CAC and KEB signed for 900 mil share in Talam at $0.11. Unfortunately Talam share softened to $0.10-0.12 during Oct-Nov 2014 period. Talam share when down further to $0.08 during Dec 2014 -May 2015

3. As Talam share price drifted lower after SSA, CAC ask for multiple extensions to perform the SSA.

4. On 28 Aug 2015, KEB and CAC enter into a supplemental agreement to vary the terms and price of SSA . Both KEB and CAC purportedly agree to a valuation exercise which assessed the NBV of the land/properties
reduce from $763 mil down to $606 mil, a drop of $158 mil. Consequently, the SSA price of Talam to CAC was reduced from $0.11 to $0.09 average. The NBV drop from $0.14 to $0.10.

How the assets revaluation exercise coinciding perfectly to the downturn of stock market whereby Talam share drop from $0.12-$0.14 when the MOU was inked to $0.06-0.08 in 2015.

Sense something funny now ??

5. The re-valuation exercise mentioned above resulted heavy impairment provision in the account base on "marked to Market" principle. Pls note that it is only a PROVISION and can be reversed.
Some impairment to asset and AR did actually reversed to profit in recent years.

6. Apart from the above, heavy impairment also made to AR and development cost. Total Impairmment provision in FY 2016 account were > RM300 mil.

That enough fact and analysis to digest.

Posted by chongyo > 2017-08-14 21:37 | Report Abuse

CrapTree, From how you address people "Sinkalan Sifu", I know you have character problem . Pls continue to bury your head in the sand.

Posted by Hoo Yen Shen > 2017-08-15 00:45 | Report Abuse

I like your analysis chongyo...Thank You.Anyway,base on TA,it has a higher chance to break 0.055 in the near term.0.045-0.05 I think is a good accumulating price... Cheers!

Posted by chongyo > 2017-08-15 06:59 | Report Abuse

Hoo, thanks.

Posted by chongyo > 2017-08-15 07:13 | Report Abuse

I am also a shareholder of WCE. I wrote to Chairman of the Board last week to demand explanation why WCE is so "flexible" to CAC with regards to the disposal of Talam share to CAC. I asked how this "flexibility" benefits the company and shareholders, minority shareholders in particular. My letter was copied to the security commission and to the not-so-effective minority shareholder watchdog group too.

For your information, the 2nd and the final tranche of about 400 mil share of Talam at $0.095 is due to be taken up by CAC this month per supplemental SSA.

I encourage all shareholders of WCE to put pressure on Management of WCE to see the immediate conclusion of the long-dragged SSA without further delay.

AGM of WCE is on 28 Aug 2017 . All shareholders of WCE should find time to attend and aggressively ask about this issue. Do not let the controlling shareholder/Management has too easy way.

Very unfortunately, I have an oversea business trip which can not be re-schedule.

Posted by CrapTree > 2017-08-15 17:44 | Report Abuse

kikikiki.... bury??? wakakakaka.... time will tell tale....

Posted by Hoo Yen Shen > 2017-08-17 18:00 | Report Abuse

Volume increasing today,pls continue...=)

Posted by WY Chan > 2017-08-20 18:46 | Report Abuse

kiki

Posted by John Lu > 2017-08-20 21:04 |

Post removed.Why?

Posted by tuapuikia > 2017-08-21 14:07 | Report Abuse

keep and wait for rise

Posted by Hoo Yen Shen > 2017-08-21 23:34 | Report Abuse

Volume is picking up...I like.!

Posted by inorder > 2017-08-22 16:04 | Report Abuse

all the sin ka lan, you can talk kok on this counter all you like. to me as long as the counter is not moving, it is just one fucking lousy counter. tell me what you trade shares for? Hope it will go up tomorrow? This fucking counter have being at this level almost 2 years. I trade momentum counters and it is still not too late to buy this counter when its momentum pick-up. Look at TRC, AZRB and many many momentum counters. buying into this counter now will just tie down your bullet. sin ka lan

Posted by CrapTree > 2017-08-22 16:39 | Report Abuse

i have warn u guys..... but have be bury by CHONGYO..... with indepth sin ka lan analysis......

now hiding..... wakakakakaka

Posted by chongyo > 2017-08-23 07:21 | Report Abuse

CrapTree,

You don't have to trust what I said. Just use your brain to think.

Posted by smallvestor > 2017-08-24 15:41 | Report Abuse

WCE/KEuro allowed CAC to the extend the Second Completion Date for the Second Tranche Sale Shares for a further twelve (12) months, thereby amending the last day of the Second Completion Date from 16 August 2017 to 16 August 2018 (“Extended Second Completion Date”) or such other extension of time or later date as the parties may agree in writing. This allows CAC some time to find the funds to buy up the tranche and make retail/minority investors to suffer the lingering pain waiting for the price to move up.

Posted by CrapTree > 2017-08-24 16:54 | Report Abuse

KIKIKI..... mean u r juz bs here.... wakakakaka

Posted by CrapTree > 2017-08-24 16:54 | Report Abuse

TIME WILL TELL TALE......

Posted by CrapTree > 2017-08-25 13:16 | Report Abuse

kikikiki.... chongyo.... i'm using my pea brain to analyse your bs analysis......

conclusion.... big time BS...... never go to site analysis.....

wakakaka.......

Posted by Notconfused > 2017-09-06 11:36 | Report Abuse

this counter is a sleeping volcano...

Posted by Myway > 2017-09-06 19:57 | Report Abuse

can be very powerful once eruption take place. When will it happen ?

Posted by CrapTree > 2017-09-07 11:59 | Report Abuse

ello.... anybody here..... bs.... still around?

Posted by djibaok > 2017-09-09 00:36 | Report Abuse

sula mangun mau makan keu teow and den tido balik

Posted by Myway > 2017-09-11 20:18 | Report Abuse

Sudah tidur kuat kuat, bila bagun baru lari kuat kaut!

Posted by CrapTree > 2017-09-12 08:43 | Report Abuse

wer is bs chongyo..... anymore bs analysis?

Posted by Myway > 2017-09-13 20:09 | Report Abuse

Mr Crap (sepatut Crab),
Lu memang kurang ajar lah. Tak Tak pergi sekolahkah ?
Orang buat analysis pun kacau kamu kah ?

Posted by CrapTree > 2017-09-18 08:55 | Report Abuse

bs myway..... how r u......

asking whether i go school? what do u think..... a person tat can detect bs analysis....

wakakakakakaka

Posted by Myway > 2017-09-18 19:46 | Report Abuse

Crap Tree, R U sure you attended school ? Sure or not ? How come you did not learned MANNERS and RESPECT in your school?
Respect other people views pls ............

Posted by CrapTree > 2017-09-19 09:32 | Report Abuse

hmmmmmm..... well..... bs chongyo say i have a pea brain..... well can i also share my view.... eh... mr bs myway.... wakakakaka

Posted by Myway > 2017-09-24 06:49 | Report Abuse

CrapTree, you are such an idiot!. Don't put word in people's mouth! He never said you have a PEA BRAIN. You yourself declared to the whole world you have a PEA BRAIN.

Posted by Hoo Yen Shen > 2017-09-24 21:17 | Report Abuse

Hi Chongyo,hope can see more your analysis on this counter.
Hi Craptree,pls stop all your childish behavior and don't affect to others ?

Posted by CrapTree > 2017-10-02 16:41 | Report Abuse

kikikiki....

Posted by CrapTree > 2017-10-02 16:45 | Report Abuse

age of denials.......

Posted by Hoo Yen Shen > 2017-10-04 22:13 | Report Abuse

KUALA LUMPUR (Oct 4): Talam Transform Bhd has bagged a contract worth about RM36.55 million for the construction of factory buildings as well as electric sub-stations in Dengkil, Selangor.

In a filing with Bursa Malaysia, Talam Transform said it accepted the letter of award from property developer Projek Alam 2012 Sdn Bhd.

The group will undertake the construction and completion of 24 units of semi-detached two-storey factories and 14 units of semi-detached three-storey factories as well as two units of Tenaga Nasional Bhd electric sub-stations.

The completion period of the project is 18 months, it said.

Talam Transform settled unchanged at 4.5 sen per share, valuing the group at RM189.87 million.

Posted by jasonk > 2017-10-12 22:53 | Report Abuse

Coming soon

Posted by Banana John > 2017-10-20 09:35 | Report Abuse

it looks from bad to worse. I waiting for worst then enter. hopefully in good timing

Posted by CrapTree > 2017-10-26 08:56 | Report Abuse

kikikiki