YouBuyIBuy calvin sifu, how about tagb, will it follow and up like TA ? thanks 10/05/2018 16:14
Will TAGB follow and up like TA? TA is up because of 4 quarters making 14.15 sen. TA also declared a substantial 4.1 Sen dividend.
For TAGB price will go up when it declares a higher dividend later.
On Jan 10 2018 TAGB disposed Little Bay Assets for 6.34 sen profit. This is too late for February Qtr. So it will appear in this month quarterly result.
Last 4 quarterly results of TAGB were quite mediocre
- 0.11 1.38 0.58 1.21
Total 3.05 Sen
From now on with Little Bay debt pared down & completion of Trump Tower Canada TAGB should show much better profit & dividend.
These 2 things can create value for TAGB
1) Take private at 50 sen or higher (NTA 59 sen) 2) Increasing Dividend
In Bursa, some counters are overpriced especially those politically linked. They were pushed up too high beyond their fundamentals before the election. Some are traded at PE ratio between 20 to 40 times. After the election, these counters would experienced selldown.
However, there are a lot of good counters like Paramount, TA and MKH that have been traded at single digit PE ratios. Some have been trading at that unbelievably low PE for the last few years. This is mainly due to the low investors' confidence related to the corruptions in this country. With the GE14 concluded and government changed, I think these undervalued counters are going to experience price surge.
Yes, agree with that. No need to go very far, our neighbour Singapore will likely unleash buying spree on Malaysian stocks that are undervalued. Confidence in Mahathir gonna bring a economic boom. Sentiment will be very good especially with PH attracting more and more BN frogs jumping onto PH bandwagon. Once PH achieve 2/3 majority in parliament the Govt can do wonders for the economy. It is coming!!!!!!!!
Right. TA will be benefitted from the higher volume of trading. The formation of Eminent Persons Council will give investors more confidence that the new government will do better than the previous one.
As master Calvin article, those all benefits reason are acceptable, the brokerage business for ta will be brings more positive and optimism profit contribute. But not count in yet tagb contribute. I deeply trusted ta will be have a great performance in coming year. Thanks Calvin sifu such so generous sharing for us, appreciate
This week at least should be very busy on Bursa as there are many BN linked counters sinking like no tomorrow. Investors to continue to switch out from this stocks and guess where they gonna put their money? Undervalued low p/e stock doing a booming business from high volume on Bursa and it is HIP HIP HOORAY!!!! TA !!!!!!!!! Of course, there are other good stocks also. TA is my favorite lah. Can get 4 sen dividend also.
calvintaneng 6) CANCELLATION OF GST (This done BN in), Reinstallation of Fuel Subsidies, Continuation of BriM, Giving Free Water will put back Purchasing Power into the Pockets of the Rakyat.
This is extremely good news for all Consumer Stocks.
Additional comments:
As more Cash goes into the pockets of consumers Calvin has picked 2 stocks
1) Bj Corp due to its Star Buck Coffee, Donkin Donut, Pizza, Wendy Burger, 7 Eleven, B Auto, Hotels & Resorts which are all consumer based.
2) TA Enterprize As more people have extra cash some might be channeled into the Retail Stock Markets. And if Businesses have made monies when consumers open their pocket books and spend the extra profits might also be invested in the Stock Market.
So the collective positive contribution from CASH flowing into the real economy might propel consumer centric stock like TA Enterprize 15/05/2018 08:22
my 2 cents, TA is basically a dividend (>6%) and asset (undervalued) play, inconsistent growth in earnings which averages out to be negligible, though margin is good. I bought at RM0.63, TP >RM1.50
haha i sure wish it does, but i'm not sure how many ppl uses TA's broking services considering there are many other competitive choices (i personally uses Maybank), moreover, its revenue and operating profit only constitute 15% and 8% of the total, the resulting positive impact may not be that much.
However, its main biz (hotel) making up 60% and 38% of the same shows good growth, the only threat being the Trump brand which i foresee shall be easy to resolve if anything happens. Still, overall average revenue and profit growth is negligible.
All in all, undervalued assets will protect from downside with huge margin of safety, 6% dividend yield gives sth even if the share price doesn't move, better still, growth in profit. For me, the only way is up for this counter.
Dear valued investors, quite new to stocks' investments, TA's dividend entitlement date in end June 2018. If I buy the stock now, will I be entitled to dividend payout? Thanks for feedback.
There is so much talk of value and buying below nta. What comprises the nta is also impt. Cannot buta buta follow recommendations. Msians a lot of them are,traders and they don't care about Mr Graham etc. Undervalued means nothing if the business is no good or just average. Well with TA is still a,question mark??'
First week already over, so many counters still having super high volume. Obviously, the market is hot with speculation and rotational play. Good for stockbrokers !!!!
The new government will use some measures to help the Rakyat to own houses especially in the affordable sector. Currently, the distribution of EPF A/C 1 and A/C 2 is 70% and 30%. If the new government can change it to 60% and 40%. That will help the potential buyers a lot. Many of the prospective buyers who are at the border line will become eligible to get bank loans. The demand for residential properties will increase a lot.
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
56,638 posts
Posted by calvintaneng > 2018-05-08 15:21 | Report Abuse
FOR A VALUE STOCK TO GO UP THERE MUST BE A CATALYST
DUTALAND SAW ACTITIVITY DUE TO PLANTATION DISPOSAL
OPCOM DUE TO BEING MUKRIZ OWNED SHARE. IF PH WIN OPCOM WILL FLY FURTHER. IF NOT PRICE WILL RETRACE.
FOR TA ENTERPRIZE THE DIVIDEND OF 4.1 SEN WAS A STRONG CATALYST.
SEE IF THIS MONTH STRONG EPS WILL PROPEL IT FURTHER.