I totally support what Singh 1 had give some commandments just now. Please respect to each other, here is not allow filthy words to hurt some body. We better give encouragement instead slander. We should love each other
No comply then how? Just seek approval from Bursa for extension only. TAGB should follow the public shareholding spread requirements, but it is not a must to comply before 28June2018.
May 30, 2018 02:58 PM | Report Abuse
TAGB must comply with the public shareholding spread requirement before 28 June 2018.
You commented to Calvin as per below, Since TA did not proposed any dividend for this year why not you write in to the TA BOD to propose resolution of dividend in specie distributing 1.5 TAGB to every TA share to be vote on in the coming AGM. I will be there at the AGM to debate with the BOD and vote for such resolution. Thank you.
Will you join the upcoming AGM? Looking forward to see you there.
Dear villa 1668, I had bought TA and L&G as Calvintaneng had wrote a very balance and objective Financial analysis on both share with facts and figures. When I make the challenge to Calvintaneng, TA has not announce any dividend yet. Since then TA already declared a very generous final dividend of 4.1 cents. I have no plan yet to attend TA AGM as I am working in Indonedia. My challenging above is actually trying to encourage all the i3 sifus who published share analysis in i3 investor should attend the AGM to ask many questions and to verify their facts and figures with the CEO and management team running the business.
Trading Value for TA securities Holdings Berhad From Jan18 to May18 - RM22,444,694,322 From Jan17 to May17 - RM20,563,789,164 Compared to 2017, trading value increased by 9.14% for the first 5 months in 2018.
2Q - Trading Value for TA securities ( Apr & May) Apr 18 - RM4,095,848,850 May 18 - RM4,995,636,427 Total - RM9,091,485,277
Apr 17 - RM3,872,322,865 May 17 - RM5,336,371,907 Total - RM9,208,694,772
Compared to 2017, trading value slightly decreased by 1.27% for Apr & May 2018. Anyhow, nothing to worry.
Let's look at the brokers performance from Jan to May18.
Trading Value Market Share Affin Hwang Investment Bank Berhad - 12.27% CIMB Investment Bank Berhad - 9.79% Maybank Investment Bank Berhad - 9.41% Kenanga Investment Bank Berhad - 8.72% RHB Investment Bank Berhad - 7.33% Macquarie Capital Securities - 5.14% Aminvestment Bank Berhad. - 5.09% Credit Suisse Securities - 4.55% Hong Leong Investment Bank Berhad - 4.28% UBS Securities Malaysia SDN BHD - 4.13% TA Securities Holdings Berhad - 3.79%
As you know, Kenanga enters negotiations to acquire Inter-Pacific Securities 3 weeks ago. Merger and acquisition become a trend and this will be the theme and Catalyst to move TA share price higher and higher this year. Once RM0.70 is break, then above RM1.00 is on the cards.
Currently, TA securities is ranking at No.11. Let say you are CIMB, Maybank or RHB board of director, and intends to increase your market shares in stockbroking business, which company do you target first? CIMB to buy Maybank or RHB stockbroking business? Maybank to buy CIMB or RHB stockbroking business? RHB to buy Maybank or CIMB stockbroking business? No, no, no!!! It will never be easy to happen at least for now.
CIMB targets TA securities RHB targets TA securities Maybank targets TA securities
Above 3 scenarios look possible. When one of them buy over TA securities, thier market shares will surpass or same with Affin Hwang and become the market leader in stockbroking business.
Chinese sayings “物以稀为贵”
Let see whether the share price can break above RM0.70 before Hari Raya.
Don't buy ! don't buy ! After the AGM and no forthcoming good announcement. Do you think the stock price will rise some more ? ? ?
The following points are to be noted :-
1) The 21st FIFA World Cup from 14 June to 15 July 2018;
2) Hari Raya Puasa 2018 Aidilfitr on 15 June 2018;
3) The 14th Parliament will have its first sitting on 16 July 2018;
4) A new minimum wage in Malaysia to be announced in Ogos'2018;
5) The reintroduction of the sales and services tax (SST) in September this year will see lower prices of goods in general, but there could be a potential spike in the prices of some items, including the cost or charges for services rendered;
Buy stock based on good announcement? I think the person need to study more on how 10% make money in stock market and learn from them.
1. World cup is not held in Malaysia and Bursa will not close for 1 month. 2. I believe everyone know Hari Raya on 15June2018. 3. We need to worry if there is no meeting for Malaysia's new parliament. 4. Minimum wages below RM1000 only can buy stock? Sound funny. 5. 0% GST or 0% SST forever will bring Malaysia go bankruptcy. 6. Malaysia budget its happen every year, not only this year.
Buying stock is buying a future of company, not based on any announcements.
Big project need big money. TAGB need to be very very careful with this one. I believe they will launch one tower at first. Suppose to be in 2nd quarter 2018 but so far no news. Foundation work is going on.
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....
limyinchu
87 posts
Posted by limyinchu > 2018-06-06 21:27 | Report Abuse
I totally support what Singh 1 had give some commandments just now. Please respect to each other, here is not allow filthy words to hurt some body. We better give encouragement instead slander. We should love each other