Posted by luckypunting > 2018-01-10 14:55 | Report Abuse

looks like profit taking ....

Is it now giving ppl opportunity to enter position/top up or it will drop back to 0.60? :p

Posted by villa1668 > 2018-01-10 16:05 | Report Abuse

@free2invest, good job:)

Posted by prudentinvestor > 2018-01-10 17:49 | Report Abuse

Disposal of development property at Little Bay, New South Wales by TA Global has been completed today. Expect speculative play on TA and TA Global tomorrow.

Posted by Lele > 2018-01-10 18:50 | Report Abuse

Tony Tiah acquired from the open market

Total no of securities ( as at 10th Jan 2018 )

a ) For TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2778393

b ) For TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 9.9516% / Indirect 19.1223% )
~ Mr. Tiah Joo Kim ( 5.003% )
~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)

*** Total no of securities for TA + Datuk Tiah families is 75.2563% （ Balance in the open market is 24.7437% / 1,316,859,700 units )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2820930

Posted by hopetobecorrect > 2018-01-10 18:58 | Report Abuse

Lele, why Tony Tiah not buying ta enterprise.... Anyone can share their insight.

Posted by villa1668 > 2018-01-10 19:12 | Report Abuse

When the opportunity come, we should not afraid to buy more.

Posted by villa1668 > 2018-01-10 19:13 | Report Abuse

@hopetobecorrect, the real reason only Tony Tiah know. If you ask me, if Tony Tiah keep on buy TA, will trigger MGO.

Posted by hopetobecorrect > 2018-01-10 19:29 | Report Abuse

I thought 33% is the trigger point for MGO but Tony Tiah already owned more than this

Posted by Lele > 2018-01-10 19:33 | Report Abuse

Total no of securities ( as at 10th Jan 2018 )

a ) For TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2778393

Posted by Lele > 2018-01-10 19:34 | Report Abuse

The disposal of the land in Australia by TAGB will increases there profit and cash flow.

However the profit is increased for TA but not the cash flow.

Is just like TAGB disposal the land did you get any $.

Posted by free2invest > 2018-01-10 20:57 | Report Abuse

Thanks to Lela and Villa1668 for sharing good insight information. :)

Posted by free2invest > 2018-01-10 21:22 | Report Abuse

Is below announcement a good news to TA? Since TA owns 60+% shares in TA Global. Tomorrow may gap up.

Posted by JinAurora > 2018-01-10 22:35 | Report Abuse

Venfx bro, long time no see after dismissed from JHM. Good to see you here and we are in the same boat :)

Posted by JinAurora > 2018-01-10 22:36 | Report Abuse

seems like lele already bought back TA and in the same boat with us. Good move and welcome back!

Posted by villa1668 > 2018-01-10 22:48 | Report Abuse

I hope Lele got a chance to grab some shares during this price correction, wish to same boat with him too

Posted by villa1668 > 2018-01-10 23:00 | Report Abuse

@free2invest, this is an extra bonus for TA...outlook is bright

Posted by luckypunting > 2018-01-10 23:14 | Report Abuse

After the land sales and repayment of borrowing, TAGB will save around RM 17m interest yearly, that is extra RM 17m net profit, so I guess both TAGB and TA will benefit from it. Plus, the Ringgit is appreciating lately, it will even help more.

Posted by singh1 > 2018-01-10 23:35 | Report Abuse

Tomorrow can paocha through 70 sen or not ?

Posted by villa1668 > 2018-01-11 07:55 | Report Abuse

I still believe have a chance to break 0.70 this week, and a healthy price correction yesterday, of course need volumes to support it. Based on 12 months chart, it tested RM0.70 above but failed 2 times, people tends to sell around RM0.70 is understandable. For those who not intend to sell like me, will hold it. After that, expect the price go up to RM1 above based on PE ratio 8.

Posted by villa1668 > 2018-01-11 07:59 | Report Abuse

Recognia has detected a "Double Moving Average Crossover" chart pattern formed on TA Enterprise Bhd (4898:MYX). This bullish signal indicates that the stock price may rise from the close of 0.675.

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods. Moving averages (MA) are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. In the double crossover method, a bullish event is generated when a faster moving average crosses above a slower moving average (21-bar MA crosses 50-bar, or 50-bar MA crosses 200-bar). In this state, the price is likely in an established uptrend. The opposite is true when the faster slips below the slower moving average, triggering a bearish event.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

Posted by villa1668 > 2018-01-11 08:01 | Report Abuse

Above technical analysis from CIMB this morning.

Posted by singh1 > 2018-01-11 08:22 | Report Abuse

look forward to it. This counter deserves to see better times.

Posted by villa1668 > 2018-01-11 14:22 | Report Abuse

1200 lots pending buy at 0.675, i just queue to scare some people first.

Posted by villa1668 > 2018-01-11 14:24 | Report Abuse

2200 lots queue @ 0.675 will withdraw out later, you all no need worry.

Posted by villa1668 > 2018-01-11 14:37 | Report Abuse

RM0.675 is a support now. Let see whether can trade higher later.

Posted by luckypunting > 2018-01-11 16:30 | Report Abuse

Get ready for tomorrow? :p

Posted by zoizai > 2018-01-11 17:26 | Report Abuse

what happen tmr ?

Posted by free2invest > 2018-01-11 18:32 | Report Abuse

Tomorrow price will increase, due to technical analysis.

Posted by villa1668 > 2018-01-11 20:58 | Report Abuse

Target price RM0.70 tomorrow

Posted by free2invest > 2018-01-11 21:30 | Report Abuse

Yes, I agree. :)

Posted by bluelight > 2018-01-12 12:49 | Report Abuse

When TA turn to fly?

Posted by luckypunting > 2018-01-12 17:58 | Report Abuse

next week? :p

Posted by villa1668 > 2018-01-12 20:12 | Report Abuse

RM0.70 failed to achieve this week. Let wait for next week.

Posted by free2invest > 2018-01-12 21:03 | Report Abuse

Same view :)

Posted by singh1 > 2018-01-12 21:11 | Report Abuse

TAGB @ 38 sen , 0.38 x 1.8 = 68.4 sen That is just the share of TA in TAGB. The rest of TA business namely stock broking and investments are all for FREE !!! What can we say some more if not maybe the most undervalued stock in Bursa ??

Posted by singh1 > 2018-01-12 21:15 | Report Abuse

Even Warren Buffett will look at this and hold his head in disbelief.

Posted by singh1 > 2018-01-12 21:19 | Report Abuse

Too bad Tony cannot support TA price as he is already close to his limit. If not I am pretty sure he would buy and buy.

Posted by villa1668 > 2018-01-12 21:41 | Report Abuse

Uploaded TA logo, to show fully support.

Posted by villa1668 > 2018-01-13 00:35 | Report Abuse

Book value refers to the total amount a company would be worth if it liquidated its assets and paid back all its liabilities.

Calculation as per below:
Book value = Total Asset - Total liabilities

Let me do the Book Value calculation for TA.
The calculation is based on the latest Q3 2017 report.

To get a clear picture, i will exclude intangible assets for this calculation.

Since TA is own 60.17% TAGB, i need to exclude Non Controlling Interest(please refer Balance Sheet)

Book value = Total Asset - intangible assets - total liabilities - Non Controlling Interest(NCI)
Book value = RM7,837,629,000 - RM326,517,000 - RM4,020,661,000 - 1,256,321,000
Book value = RM2,234,130,000

Book value per share = Book value divided by number of shares
= RM2,234,130,000 / 1,711,909,630
= RM1.30

Price to Book ratio (P/B) = Market Price per Share / Book value per Share
= 0.68 / RM1.30
= 0.52

As a general rule of thumb, share price is trading close to its book value per share, it is deemed to be fairly priced.

How about TA?
With RM0.68 closing price, it trading at a steep discount to thier book value and offer great bargains for investors.

Posted by villa1668 > 2018-01-13 01:03 | Report Abuse

As at 30sept2017
Cash and bank balances = RM1,036,503,000
Number of units = 1,711,909,630

RM0.60 cash per share.

Posted by singh1 > 2018-01-13 08:05 | Report Abuse

villa1668 Thank you for the detailed information. Your contribution is greatly appreciated.
Wish you big success Bro.

Posted by Lele > 2018-01-13 08:49 | Report Abuse

All of it is paper work only. Do you think TA will dispose all the assets or 60.1748% TAGB share ( who wants to buy ???? ) and then refund back the $ to the shareholder.

Please take note : -

The disposal of the land in Australia by TAGB will increase the profit and cash flow. 

However the profit is increased for TA but not the cash flow. TA on how to continue to expand it's own sources are more important.

（吉隆坡9日讯）达全球（TAGB,5158,主板产业组）不买产业了！该公司决定将澳洲产业脱售所得改作( 偿还银行贷款和营运资本用途 )。 

http://www.klsescreener.com/v2/news/view/291261

Posted by villa1668 > 2018-01-13 10:39 | Report Abuse

@singh1, hope TA success bring all shareholders success together.

Posted by villa1668 > 2018-01-13 11:05 | Report Abuse

@Lele, of course we never think TA will sell their assets. TA always emphasized the recurring income, that why TA not in a hurry to sell TA Securities to get one off profit as this biz still provide cash cow to the group. I believe no harm to take a look for TA book value.

Posted by free2invest > 2018-01-13 11:29 | Report Abuse

@villa1668, good job!

Posted by luckypunting > 2018-01-13 11:50 | Report Abuse

villa1668, Good Job !!

Posted by luckypunting > 2018-01-13 11:55 | Report Abuse

Lets Profit do the talking, share price will auto revalue by markwt :p

Posted by Fabien Extraordinaire > 2018-01-13 13:02 | Report Abuse

TA and Insas is the most undervalued, underappreciated, mispriced counter in Bursa Malaysia

Posted by Fabien Extraordinaire > 2018-01-13 13:03 | Report Abuse

http://klse.i3investor.com/blogs/myinvestmentjourney/131847.jsp


Based on latest price @ 8 Sept:

Insas @ 1.02, P/E = 3.74x & P/BV = 0.44x

TA @ 0.675, P/E = 3.75x & P/BV = 0.46x

Based on the above valuation metrics, we can observed both stocks are trading at extremely cheap valuations, and thus presents an attractive investment for investors looking for value.

Both stocks qualify as earnings-based play - low P/E and assets-based play - low P/BV.

Posted by Lele > 2018-01-13 17:15 | Report Abuse

The following are comments by the public on TA and TAGB : -

1) 如今TA是目前剩下不多的獨立證券行,已成為了老人股票行的代名詞，現在的市佔率連5%都不到,沒有大銀行作後台，不能幫公司搞上市，附加股之類的企業活動。雖屬日落西山的行業，但淨利還滿穩定的，平均每年提供100m以上的淨利。

http://www.sharetisfy.com/2016/11/ta-4898-ta-tagb.html?m=1

2) TAGB是家定位頗具特色的地產公司，其業務主要可分成3大部份，分別是經營酒店，產業發展和產業投資（辦公樓），該公司的產業組合遍布多國，專攻高檔市場，多年經營助該公司累積了許多價值不菲的高創造力資產，成為名副其實的“包租王”。

http://www.sinchew.com.my/node/1669999