Posted by villa1668 > 2018-08-16 05:04 | Report Abuse

This coming 2 weeks the share price should maintain very well at @ RM0.65 or probably will go up to RM0.66 before independent advisor report is out. Why? For those who sold earlier, get the capital to invest other counters in the past will start to buy back from now onwards as they are afraid that it is too late to buy in when the independent advisor give the comment of "not fair and not reasonable". Don't forget the Hong Kong office sold at RM67million will reflected in this coming Q2 report.

Posted by TheContrarian > 2018-08-16 08:19 | Report Abuse

You hold TA for over 5 years never once sold to take profit?

Posted by villa1668 > 2018-08-16 08:59 | Report Abuse

Buy more than sell.

Posted by firewall9301 > 2018-08-17 08:39 | Report Abuse

How many percentage of TAE Tiah n Gang need to secure ???

Posted by Lukesharewalker > 2018-08-17 13:50 | Report Abuse

50%

Posted by Lukesharewalker > 2018-08-17 13:51 | Report Abuse

anyway its a temporary situation, after this back to normal based on QR...LOL

Posted by Lukesharewalker > 2018-08-17 13:55 | Report Abuse

like I say, the system allows TT to do this. so much extensions, how does it benefit the shareholders?
should write to PH minister, replace bursa head...LOL

Posted by Lukesharewalker > 2018-08-17 13:58 | Report Abuse

extension upon extension, crazy

Posted by villa1668 > 2018-08-17 15:04 | Report Abuse

Looking the way how Tiah accumulate today, expected that the coming Q2 results will be extremely good.

Posted by RVI123 > 2018-08-17 15:19 | Report Abuse

Tiah will buy as much as he can at price below RM0.66.

Posted by RVI123 > 2018-08-17 15:21 | Report Abuse

Why so many people are selling? RM0.65 is so much lower than the net worth per share of the company at RM1.45.

Posted by Lukesharewalker > 2018-08-17 15:23 | Report Abuse

sellers are friendly parties....give the impression there supply. Pure manipulation

Posted by Lukesharewalker > 2018-08-17 15:29 | Report Abuse

logic, if TT offer 66 why don't he wallop all at 65.5?

Posted by RVI123 > 2018-08-17 15:30 | Report Abuse

I am not surprise if the coming quarter profit is not good. More people will sell to him if the quarter profit is bad.

Posted by Lukesharewalker > 2018-08-17 15:30 | Report Abuse

cheat all the aunties of their underwear...haha

Posted by Lukesharewalker > 2018-08-17 15:34 | Report Abuse

Lucky TT did not go to jail like supermax ED last round ,Omega scandal

Posted by villa1668 > 2018-08-17 16:11 | Report Abuse

Still have some wanna sell at 0.65, just wait and accumulate all from the sellers, no need straight away buy all at 0.655. Who is the buyer? Apparently from Tiah, it is good they sell it to Tiah rather than traders.

Posted by Lukesharewalker > 2018-08-17 16:19 | Report Abuse

Revamp bursa system. no extension. facilititing the major shareholder

Posted by hopetobecorrect > 2018-08-17 17:57 | Report Abuse

today volume is 7.8m. tony sapu 7.5m. why no big funds compete with tony and let him sapu like thatttttttttttttttttttttttt

Posted by Sslee > 2018-08-17 18:39 | Report Abuse

Dear all,
Be patient. By now Datuk Tiah must have know that the he cannot get enough aceptance to acheive the 50% hence he had to purchase from open market.
I was actually very suprise why Datuk Tiah make his move on TAE when TAGB was the one need fixing on the shareholder spread. Looking back most likely Datuk Tiah just wanted to increase his holding on TAE before he do something on TAGB spread that will directly benefit TAE shareholder.
Thank you

Posted by villa1668 > 2018-08-17 20:09 | Report Abuse

I guess Tiah's final plan is to achieve minimum 50.1% of TA Enterprise shares, then make the MGO for TAGB, and delisted TAGB... How to achieve 50.1%? Definitely he need to revise the price to become higher. Offering RM0.66 is impossible to achieve 50.1%. By delisting TAGB, TAGB's public shareholding issue solved, Tiah own more than 50% TA assets, and TA remain as a listed company, win win situation for Tiah and long term shareholders.

Posted by villa1668 > 2018-08-17 20:23 | Report Abuse

Revised to RM0.80 probably will attract some shareholders to accept the offer, comes with a premium of 21%, this may help him to achieve 50.1%. Understand that RM0.80 is still far away from company NTA, and it is still sound unattractive. However, this may provide chance for some shareholders to exit the market.

Posted by villa1668 > 2018-08-17 20:30 | Report Abuse

My target price for TA is RM1.30 above, which is at least double of current price. It is OK to dream big. Don’t focus on short-term swings in price, focus on the underlying value of your investment...

Posted by villa1668 > 2018-08-17 20:37 | Report Abuse

You do things when the opportunities come along. However, sometimes doing nothing is often the right thing to do. If you dont know whether you should hold it or sell now, you just need to do nothing.

Posted by RVI123 > 2018-08-17 21:39 | Report Abuse

I thk Tony will hv no choice but to revise his offer upwards. He will not be able to get more than 50% if the offer is RM0.66. TA worths much higher than RM1.45 as all the properties are not revaluated since they were purchased.

Posted by limyinchu > 2018-08-20 10:35 | Report Abuse

Look like the price will revise soon, no more block at rm0. 66. What is the game that Tony wants to play with us????

Posted by luckypunting > 2018-08-20 10:38 | Report Abuse

volume suddenly increased .... approaching QR release and Independent Advisor feedback

Posted by Lukesharewalker > 2018-08-20 11:41 | Report Abuse

tagb also no block, revision of offer price?

Posted by limyinchu > 2018-08-20 12:33 | Report Abuse

Maybe revise soon, from the volume recently, Tony look like very hunger to belong ta

Posted by RVI123 > 2018-08-20 13:11 | Report Abuse

People who sell now will regret when the offer price is revised.

Posted by luckypunting > 2018-08-20 13:16 | Report Abuse

TT is sapu-ing gao gao today :p

Posted by RVI123 > 2018-08-20 16:25 | Report Abuse

Why some shareholders want to sell at such a low price? TT is paying about 30% of the actual value.

Posted by villa1668 > 2018-08-20 16:31 | Report Abuse

Never make the assumption that Tiah offers MGO price @ RM0.66, then the cap price is RM0.66. If you have this thinking, this will trigger you sell it below RM0.66. If you are holding TA shares now, you just need to do nothing and be patient wait the independent advisor report to be out end of this month. Remember, RM0.66 is the initial stage only. After Q2 and independent advisor report release, I personally feel that TA will trade above RM0.66.

Never underestimate with the comment of " not fair and not reasonable" from Independent advisor.

Posted by villa1668 > 2018-08-20 16:36 | Report Abuse

RVI123, i can say that 90% do not have a patient to wait. They assume that after sell TA, they can use the capital to buy other counters, so that they can earn 5% a day or 10% a week. I cant make it, so that i choose to wait.

Posted by villa1668 > 2018-08-20 17:44 | Report Abuse

No of shares 100% : 1,711,909,630 units
2%: 34,238,192 units


Tiah recent purchased in open market after MGO announcement.

6July - 2,500,000 units
9July - 1,360,400 units
10July - 200,000 units
11July - 300,000 units
12July - 500,000 units
13July - 800,000 units
16July - 1,300,000 units
19July - 2,000,000 units
20July - 1,999,800 units
23July - 500,000 units
24July - 2,363,700 units
25July - 2,000,000 units
30July - 1,500,000 units
1Aug - 2,500,000 units
3Aug - 1,000,000 units
7Aug - 1,265,800 units
8Aug - 1,500,000 units
9Aug- 1,500,000 units
10Aug - 1,500,000 units
13Aug - 1,500,000 units
14Aug - 1,500,000 units
15Aug - 2,500,000 units
17Aug - 7,500,000 units
20Aug - 9,084,200 units


Total: 48,673,900 units purchased or 2.84% based on total number of shares.


What i said is true, Tiah can continue to buy up to 2% during MGO period. In case MGO failed, Tiah unable to buy another 2% within 6 months for the next 1 year. Why? As this will trigger another MGO which is prohibited by rule & regulations.

Posted by calvintaneng > 2018-08-20 17:47 | Report Abuse

Looks ripe for the 66 sen barrier to crack and after that price break through to higher level!

Posted by villa1668 > 2018-08-20 17:52 | Report Abuse

From:
T: Announcement of take over.
T+21 (“D”): Last day to dispatch the offer document.
D+10: Last day to circulate independent advice circular and company’s BOD comments on the takeover offer.
D+21: Earliest day to close the offer (50% voting right achieved)
D+46: Last day for posting revised offer (if any).
Last day for closing of takeover offer if the acceptance condition is fulfilled.
D+60: Takeover offer close if the acceptance condition (50%) is not fulfilled


T: 2July2018
D: 20Aug2018 (SC have granted the extention, it should be 23July2018 if follow T+21)
D+10: 30Aug2018
D+21: 10Sep2018
D+46: 5Oct2018
D+60: 19Oct2018

Revised to
T: Announcement of take over.
T+21 (“D”): Last day to dispatch the offer document.
D+10: Last day to circulate independent advice circular and company’s BOD comments on the takeover offer.
D+23: Closing date (50% voting right achieved)
D+46: Last day for posting revised offer (if any).
Last day for closing of takeover offer if the acceptance condition is fulfilled.
D+60: Takeover offer close if the acceptance condition (50%) is not fulfilled


T: 2July2018
D: 20Aug2018 (SC have granted the extention, it should be 23July2018 if follow T+21)
D+10: 30Aug2018
D+23: 12Sep2018
D+46: 5Oct2018
D+60: 19Oct2018

Posted by EngineeringProfit > 2018-08-20 17:57 | Report Abuse

Interesting.....

Posted by singh1 > 2018-08-21 07:24 | Report Abuse

Hold on ladies and gentlemen, ye shall be rewarded, amen.

Posted by limyinchu > 2018-08-21 10:18 | Report Abuse

Alright guys, enjoy the journey to the north

Posted by luckypunting > 2018-08-21 10:41 | Report Abuse

intense buying volume ....

Posted by jordanmaggie61 > 2018-08-21 11:11 | Report Abuse

Good profit, able to buy more nasi lemak already hehehe

Posted by Jackkin > 2018-08-21 15:47 | Report Abuse

Calvin, today i received any letter from Datuk TTT, it sound very strict and said that the offer will end on 12 Sep.. if i continue to hold, what will happen to my share after the offer end on 12 Sep.. ? pls help...

Posted by ironcrowz > 2018-08-21 16:40 | Report Abuse

@Jackkin

U will continue to own ur share.

I have yet to receive any offer letter, i was expecting the independent advisor's comment to come before that, seems like they will only publish the comment after the first offer.

Posted by susuan > 2018-08-21 16:56 | Report Abuse

I also received my offer today. Called the registrars, was told up to me to take up the offer. TA will still be listed. Any advice?

Posted by XUXNN > 2018-08-21 17:05 | Report Abuse

hi guys, what will happen if we didnt accept the offer? since the purchase price damn low?

Posted by TheContrarian > 2018-08-21 17:53 | Report Abuse

I advised Calvin to sell all his TA shares and load up with Eksons shares. Hope he followed my advice.

Posted by calvintaneng > 2018-08-21 20:33 | Report Abuse

Jackkin,
Just throw the offer letter i think into the trash bin.

I received Mgo offer for Gsb at 13 sen last few months ago. I threw that away. After that gsb rose from 13 sen to over 22 sen.

So this TA is very undervalue. Last time KAF Boss offered Rm1.30 to take KAF private but was rejected. So later She gave more than double (over Rm2.60) and took KAF seagroat private.

So wait till Tony offers above Rm1.00 then consider ok?

Posted by calvintaneng > 2018-08-21 20:37 | Report Abuse

Thecontrarian,

Haha!
I bought Eksons at 67 sen (after ex divvy 5 sen?. Eksons did very well. I still hold TA as it is very undervalue. I also bought more Insas as i think it will be another candidate for privatisation like TA.

Whoa! So many good and cheap shares.
I need to find more money first.

So good!!

Posted by joetay > 2018-08-21 20:38 |

Post removed.Why?