Posted by prudentinvestor > 2018-04-27 22:16 | Report Abuse

First quarter earnings to be announced next month should include substantial gains from the disposal of a property in Australia. The 4.1 sen a share final dividend is really a windfall. I am already more than satisfied with a 3 sen dividend.

Posted by sonny7088 > 2018-04-27 22:46 | Report Abuse

Thanks Calvin for the superb news and recommendation!

Posted by Thomas Yeoh > 2018-04-27 23:05 | Report Abuse

Have to own the shares before what date to be eligible for the dividend?

Posted by luckypunting > 2018-04-28 09:30 | Report Abuse

if share price is 1.00, still have 4.1%, almost same as FD :p

Posted by Lele > 2018-04-28 10:55 | Report Abuse

Hahaha...... if u buy the share price at RM1.00 that mean you will die faster. Basically, the share price drop after ex-dividend date because the share price of a company trades in the market without the dividend.

Posted by Fabien Extraordinaire > 2018-04-28 11:03 | Report Abuse

wow, this is really unexpected. such a generous dividend!!!

thanks for putting more money into my pocket, Tony and Datin!!

Posted by luckypunting > 2018-04-28 11:31 | Report Abuse

still have not buy yet can buy up till 1.00 :p reverse also same

Posted by luckypunting > 2018-04-28 11:36 | Report Abuse

any mutual funds want to collect it or not??

Posted by Lele > 2018-04-28 12:27 | Report Abuse

The following points are to be noted :-

1) Financial statements and cash flow statements for the first quarter of 2018. ( The reports for Q4 2017 is not very good )

2) The company's long-term development prospects

3) TAGB must to comply with the public shareholding spread requirement on before 28 June 2018.

4) Basically, the share price drop after ex-dividend date because the share price of a company trades in the market without the dividend.

Posted by super888 > 2018-04-28 13:19 | Report Abuse

# Lele, what kind the requirement must comply with public shareholding spread requirement ?

Posted by chkhooju > 2018-04-28 13:35 | Report Abuse

30%of the company's shares needs to be floated in the open market for trading.

Posted by Lele > 2018-04-28 13:58 | Report Abuse

From the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders.

Posted by Lele > 2018-04-28 13:59 | Report Abuse

We refer to the announcements dated 17 January 2018 and 21 February 2018 in relation to the Company’s non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR of Bursa Securities (“Announcements”).

Unless otherwise defined herein, the abbreviations used in this announcement are the same as those previously defined in the Announcements.

Pursuant to Paragraph 3.3 of PN 19 of the LR of Bursa Securities, the Board of TAG wishes to announce the following:-

(i) As at the date of this announcement, TAG’s public shareholding spread is 24.54%.

(ii) The Company is in the midst of evaluating various alternatives to address the shortfall in the public shareholding spread requirement and will make the relevant announcement on the Company’s finalized plan to address the non-compliance in due course.

(iii) Bursa Securities, vide its letter dated 14 February 2018, has granted the Company an extension of time of six (6) months until 28 June 2018 to comply with the public shareholding spread requirement.

This announcement is dated 28 February 2018.

Posted by luckypunting > 2018-04-28 15:43 | Report Abuse

SELL SELL SELL :p

Posted by newbiehk2014 > 2018-04-28 18:04 | Report Abuse

ha ha ha now some people want to buy cheap ya, keep doing psycho talk

Posted by miniminer > 2018-04-28 18:27 | Report Abuse

Was hitting hard since 26th-April, then come election nomination day and 4.1 cents dividend, what all these mean to TA price in next few trading days, will the tsunami come?

Posted by enid888 > 2018-04-29 21:54 | Report Abuse

A lot of values in TA. It worths more than RM1.45 per share. To name a few, KLCC land (RM3,600psf vs book value RM580psf), Damansara Avenue land (RM500psf vs book value RM87psf) and Bukit Bintang land (RM3,600psf vs book value RM680psf). If something worths RM1.45 sold at RM0.52 is called lelong, how about something worth more than RM2.50 sold at RM0.52?

Posted by calvintaneng > 2018-04-29 22:12 | Report Abuse

Posted by enid888 > Apr 29, 2018 09:54 PM | Report Abuse

A lot of values in TA. It worths more than RM1.45 per share. To name a few, KLCC land (RM3,600psf vs book value RM580psf), Damansara Avenue land (RM500psf vs book value RM87psf) and Bukit Bintang land (RM3,600psf vs book value RM680psf). If something worths RM1.45 sold at RM0.52 is called lelong, how about something worth more than RM2.50 sold at RM0.52?


SOMETHING WORTH RM2.50 SELLING AT ONLY 52 SEN?

HYMMM?

That's a Whopping 80% Big Discount!!!

IT SHOULD BE CALLED A FIRE SALE?

OR THE BARGAIN OF THE CENTURY?

WHOPEEE!

Posted by enid888 > 2018-04-29 22:43 | Report Abuse

May be the old movie title "The God Must Be Crazy" is also suitable.

Posted by chkhooju > 2018-04-29 23:15 | Report Abuse

I made it on MUDA and reckon tomorrow TA Ent. will render me a similar fortune.

Posted by joetay > 2018-04-29 23:22 | Report Abuse

u willing to bet ur house on it????

with such high debt-equity ratio, tagb will be lucky if it doesnt drop to 20sens which will translate to ard 40sens for tae.

lol...............

Posted by singh1 > 2018-04-29 23:42 | Report Abuse

joetay Please don't mind If I say You are not keeping up with latest developments on TA & TAGB. Both this counters will be reporting a MEGA PROFIT in next quarterly results (end of May 2018 announcement). Roughly at about a whopping 6 sens for TAGB and a whopping 10 sens for TA. Mind you this is only based on profit from sale of Little Bay Sydney. Ringgit appreciation brought down the last quarterly results from the normal. One of the reasons for both TA and TAGB share price going lower to incredible firesale price. The other major reason is Tony not being able to continue TAGB share purchase as he has gone over the limit on minimum of 25% floatation requirement.

In coming AGM/EGM TAGB is asking for shareholder approval to issue more shares. Once obtained, can expect TAGB to do the necessary to fulfill requirement.

Posted by joetay > 2018-04-29 23:43 | Report Abuse

did u even read the financials of tagb in the first place, singh1????

after u read it, then talk to me.

lol...........

Posted by calvintaneng > 2018-04-29 23:46 | Report Abuse

FROM TAGB LAST QUARTER RESULTS:

Property, plant and equipment 2,131,954 2,448,668
Investment properties 606,630 603,017
Land held for property development 900,565 588,537
Intangible assets 318,370 321,895
Investment in associates 14,446 14,290
Investment in joint ventures 229,783 61,814
Investment in securities 290,323 206,913
Deferred tax assets 81,184 78,804
4,573,255 4,323,938
Current assets
Property development costs 208,058 83,933
Investment in securities 413,555 316,233
Inventories 51,476 55,735
Receivables 183,009 290,316
Tax recoverable 25,248 40,714
Cash and bank balances 912,036 772,150
1,793,382 1,559,081
Assets classified as held for sale - 457,018
1,793,382 2,016,099

TOTAL ASSETS Rm6,340,037,000

FROM HERE WE SEE TOTAL NET ASSETS/INVESTMENTS OF TAGB AT RM6.34 BILLIONS


Lest Look at Its Debt below:

Non-current liabilities
Deferred tax liabilities 237,382 231,499
Borrowings 1,302,286 1,140,086
Payables 9,070 -
1,548,738 1,371,585
Current liabilities
Borrowings 1,275,462 1,320,759
Payables 445,444 422,168
Income tax payable 19,454 8,713
Derivatives 3,908 2,917
1,744,268 1,754,557


Total liabilities Rm3,293,006

TOTAL DEBTS/BORROWINGS/LIABILITIES ARE ONLY RM3.2 BILLIONS

SO NET ASSETS (RM6.34 BILLIONS) MINUS NET LIABILITIES (RM3.2 BILLIONS)

STILL GOT EXCESS OF RM 3.14 BILLIONS

THIS CORRESPOND WITH TAGB CURRENT SHARE PRICE OF 28 SEN TO NTA OF 59 SEN WHICH IS ABOUT 50% DISCOUNT!

AND IF ALL THE ASSETS OF TAGB ARE REVALUED & BROUGHT UP TO REAL TIME MARKET VALUE IT SHOULD BE 59 x 2 or Rm1.18

So TAGB at 28 Sen is selling at a Whopping Discount of 77% TO REVISED NTA

NOW THAT OVER 50 ACRES OF PRIME LANDS IN DAMANSARA ARE DEVELOPED INTO ATIVO CONDOS EVEN MORE VALUE IS ADDED TO TAGB

WHILE PEOPLE CANNOT SEE TONY IS BUYING UP TAGB LIKE NO TOMORROW.

SO MUCH SO THAT THE PUBLIC SPREAD OF TAGB IS NOW LESS THAN 25%

Posted by joetay > 2018-04-29 23:47 |

Post removed.Why?

Posted by calvintaneng > 2018-04-30 00:08 | Report Abuse

Tangible Assets?

CORRECT LOH!

SOLID TANGIBLE ASSETS STILL AT OLD BOOK VALUE

While Debt is fixed with limited interest rate band ASSETS HAVE APPRECIATED BY LEAPS & BOUNDS!

SO FIXED DEBT PER ASSET IS GETTING LESSER AND LESSER AS PRICES OF LANDS GO HIGHER AND HIGHER!!

See

Posted by enid888 > Apr 29, 2018 09:54 PM | Report Abuse

A lot of values in TA. It worths more than RM1.45 per share. To name a few, KLCC land (RM3,600psf vs book value RM580psf), Damansara Avenue land (RM500psf vs book value RM87psf) and Bukit Bintang land (RM3,600psf vs book value RM680psf). If something worths RM1.45 sold at RM0.52 is called lelong, how about something worth more than RM2.50 sold at RM0.52?

Posted by enid888 > 2018-04-30 00:09 | Report Abuse

It is true that TAGB is having high debts. But if we weigh the positives and discount the negatives, we can still conclude that TA and TAGB are valued buys. The debts incurred are mostly loans for hotel purchase. When the room rates received is higher than the expenses and bank repayment, they are still generating positive cash flow. I would say Tony is a very aggressive boss. However, the management is also trying to bring down its debts recently with the sales of Little Bay and HK office.

Posted by joetay > 2018-04-30 00:12 |

Post removed.Why?

Posted by super888 > 2018-04-30 07:29 | Report Abuse

TP 1.00.$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by EngineeringProfit > 2018-04-30 07:40 | Report Abuse

Interesting.....I just watch closely for now......seeif profitable trading can happen or not

Posted by luckypunting > 2018-04-30 08:19 | Report Abuse

SELL TAGB, SELL TA, SELL SELL SELL :P

Posted by enid888 > 2018-04-30 08:30 | Report Abuse

Tony is happy that the investors and fund managers have been neglecting TA and TAGB. He has been able to collect more shares at lower price. TA was actually a Tiger mistaken as a Cat, a Phoenix mistook as a Turkey or a Horse mistook as a Goat.

Posted by EngineeringProfit > 2018-04-30 08:32 | Report Abuse

sounds good....let me watch for a profitable timing to trade

Posted by Lele > 2018-04-30 08:49 | Report Abuse

俗話說 ：“ 見好就收 ”，意指要掌握分寸，適可而止，不可貪心。“ 花無百日紅 ”。

順祝各位 ：“ 平安喜樂 ”。

Posted by hng33 > 2018-04-30 09:04 | Report Abuse

sold off all TA at 56.5sen, locked very handsome contra profit, free up capital

Posted by calvintaneng > 2018-04-30 09:47 | Report Abuse

GOOD MORNING TO ALL AT TA ENTERPRIZE.

FROM NOW TA ENTERPRIZE SHALL BE RERATED!!!

TA IS A STOCK WHOSE TIME HAS COME!!

Posted by MiniClub > 2018-04-30 10:27 | Report Abuse

Foresee can hit 0.600 this week..!!!

Posted by singh1 > 2018-04-30 10:28 | Report Abuse

joetay If you are concerned about TAGB debt level, it is a valid concern. It is not that you are wrong as Joo Kim has also mentioned a couple of years ago that the net gearing needs to be lowered. With the sale of Little Bay the debt is being reduced from about 2.5 Billion ringgit to 1.9 Billion. Considering the quality assets it owns in various countries (currency risk is well spread out) and also the fact that many of these properties have not been revalued for very many years to show most current valuation, TAGB and TA are selling at a large discount. I don't think the debt level is as big a concern as it was in the past. Still it is up to our individual interpretation or assesment of the whole picture.
I agree with Calvin, Enid, super 888 and many others that the time has come for TA & TAGB to show much stronger performance in the months and years ahead. Why don't you join us ?

Posted by luckypunting > 2018-04-30 10:31 | Report Abuse

SELL SELL SELL :P
SELL TAGB, SELL TA

Posted by calvintaneng > 2018-04-30 11:18 | Report Abuse

Sell?
No lah!
Better buy more while still cheap!

Posted by Alex™ > 2018-04-30 11:40 | Report Abuse

calvin bro.... ta [current asset - total liability] looks like not sustainable.... a bit high debt....

Posted by joetay > 2018-04-30 12:02 |

Post removed.Why?

Posted by EngineeringProfit > 2018-04-30 12:12 | Report Abuse

Bonia was one of his buy call too

I did not touch though

Shall just watch this one and see first

Posted by joetay > 2018-04-30 12:25 |

Post removed.Why?

Posted by luckypunting > 2018-04-30 12:25 | Report Abuse

BONIA? Not now la ... till their restructuring completed with better profit growth visibility la ...

Posted by calvintaneng > 2018-04-30 12:29 | Report Abuse

Alex,

Just one Little Bay Asset disposal settled rm770 millions debt.

Just think there are 7 Hotels and Resorts overseas

1. They were purchased when ringgit was strong. Now with ringgit weakened EXCHANGE RATE ALONE WILL BRING A WINDFALL

2. ASSETS OF HOTELS HAVE APPRECIATED IN VALUE. BOTH LITTLE BAY LANDS AND HK OFFICES ARE PRIME EXAMPLES

3. NOW THESE ARE INCOME GENERATING HOTELS THAT ARE VALUE ADDED

PLUS LOTS OF ASSETS IN MALAYSIA TOO, HAVE GONE UP IN VALUE OVER THE YEARS

SO IF TAGB JUST DISPOSE 20% TO 30% OF ITS ASSETS IN REAL TIME VALUE. INSTANTLY BOTH TA AND TAGB WILL BE TOTALLY DEBT FREE

BRUCE LEE SAID, " UNDERSTANDING THE PROBLEM DISSOLVES THE PROBLEM"

Posted by joetay > 2018-04-30 12:29 | Report Abuse

the only thing i buy is braun buffel.

interestingly, china bizmen dig this brand.

no chinese big 1 or small 3 or even gfs will even buy their bonia handbags.

Posted by joetay > 2018-04-30 12:32 |

Post removed.Why?

Posted by super888 > 2018-04-30 12:58 | Report Abuse

TP 1.00 $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by luckypunting > 2018-04-30 13:24 | Report Abuse

1.00 TP? If have mutual funds, pension funds come la....otherwise will stay below 0.60 :p