Posted by Sslee > 2018-08-25 16:27 | Report Abuse

Dear all,
Datuk Tiah is doing a favor to those want to sell the share at 66 cents (offer price) rather than going through the troublesome paper work of sending acceptance letter, share transfer, waiting for offer closing date, offer success and waiting for the settlement by cheque posting, cheque clearing and etc.
So if you sell in open market, T+3 you get the money and you can use the money to buy any share you feel would likely give you a better return.
The disadvantage you sell now in open market is if Datuk Tiah will to increase the offer price you will miss out on the increase price.
Thank you

Posted by Neut_ron1 > 2018-08-25 19:03 | Report Abuse

interesting!

Posted by free2invest > 2018-08-25 21:01 | Report Abuse

Today's weather is very nice. I spent most of my afternoon time to pack old newspaper and unwanted documents, including Datuk Tiah's offer letter for selling to an old newspaper collector tomorrow.

Posted by villa1668 > 2018-08-25 21:55 | Report Abuse

I received 3 copies of documents including my family members. I opened 1 to read thru, just for myself learning purpose, not to fill out the acceptance form. Another 2 copies just leave it on my table without open. In less than a weeks independent advisor circular report will release, please wait with patience and relax.

Posted by luckypunting > 2018-08-26 10:48 | Report Abuse

wah so many ppl reject ar? can TT get pass 50%? :p

Posted by Jackkin > 2018-08-26 11:29 | Report Abuse

Guys, dont give wrong info here... is the price going down or are we in danger of losing losing the share after 12 Sep...

Posted by calvintaneng > 2018-08-26 13:19 | Report Abuse

Posted by Jackkin > Aug 26, 2018 11:29 AM | Report Abuse

Guys, dont give wrong info here... is the price going down or are we in danger of losing losing the share after 12 Sep...


Don't need to do anything.

All is safe.

After this period TA ENTERPRIZE should move up to cross Rm1.00

Read this one today

https://www.chick.com/reading/tracts/0001/0001_01.asp

Posted by singh1 > 2018-08-26 13:39 | Report Abuse

Fear kills the brain. Have faith and let the invisible hand lead you.

Posted by limyinchu > 2018-08-26 14:06 | Report Abuse

Nowadays Tony is a faithfulness believer, he will not cheat us. Victory only reserve for faithful investors. Amen

Posted by enid888 > 2018-08-26 18:11 | Report Abuse

Tony could hv taken 45 years to make the first RM1bil. However, if he is successful in buying all the TA shares, he is going to make the next RM4.4bil in two months time. He is going to become 4.4 times richer. He could suddenly become top 5 richest men in Malaysia. You see how lucrative and tempting the MGO to him?

Posted by RVI123 > 2018-08-26 18:56 | Report Abuse

@limyinchu, I hv noticed that a faithful believer in any religion may also take advantage of the minorities and those financially poorer groups. Tony may also do the same.

Posted by RVI123 > 2018-08-26 18:59 | Report Abuse

Let us wait for the report from the independent advisor. Hope that the report is true and fair.

Posted by luckypunting > 2018-08-27 08:04 | Report Abuse

all the dates are getting closer ....

Posted by plroo7 > 2018-08-27 10:43 | Report Abuse

Dear Sslee - Greetings to u... last week rec'd 'Conditional Mandatory Take-Over Offer'. What is ur advice? To hold on?.. 10q.. Rgds...

Posted by Yael Jasper > 2018-08-27 11:15 | Report Abuse

Wow! the stock price is rising, profit increasing also kikiki

Posted by Sslee > 2018-08-27 12:18 | Report Abuse

Dear plroo7,
I attended the last TAGB and TAE AGM. From the Q&A, I can sense that the board had a very urgent task ahead on solving the problems of TAGB shareholder spread. As the board put it, “All options are on the table in how to solve the shareholders spread in TAGB and the board will respond to the bursa dateline promptly”
Note: TAE hold 60.17% of TAGB and Datuk Tiah together with PIC have more than 15% of TAGB

I believe the option available for TAGB shareholders spread are either TAE take TAGB private by payment in TAE share and partial cash or TAE par down it holding of 60.17% by distributing some TAGB share direct to TAE shareholders so as to comply with the shareholder spread of min 25%.
Since both option benefit TAE shareholder , thus Datuk Tiah have no choice but to increase his holding in TAE which triggered the MGO when his holding together with PIC cross the 33% threshold.

The questions will Datuk Tiah revise his offer price? It will depend how many Datuk Tiah can mop up TAE share from the open market and from MGO? What is actually Datuk Tiah target ideal holding? Or any competing offers from others?

My advice is please hold until you read the independent advisor valuation report then you make your own informed decision what to do with your TAE share.

Thank you

Posted by plroo7 > 2018-08-27 13:37 | Report Abuse

Thank you v much Sslee.... Ok.... Understood...

Posted by hoheho > 2018-08-27 14:02 | Report Abuse

just received my mandatory take over offer letter, and may I know when is the
independent advisor valuation report.

Posted by Jackkin > 2018-08-27 16:34 | Report Abuse

hoheho, pls read the offer letter carefully, if you dont sell your share to Datuk, you will be in danger of losing all of them after 12Sep..

Posted by enid888 > 2018-08-27 18:13 | Report Abuse

Another general offer today

Daiman

Major shareholder offers to buy at RM3.00 a share. Last trading price RM2.17 per share.
38.2% higher than the last trading price. The Daiman management is more fair and reasonable as compared to Tony.

Posted by enid888 > 2018-08-27 18:20 | Report Abuse

That is the reason I said, property counters are too cheap, selling at "lelong" price. The management knows the real worth very well. They just need to offer may be 20% to 35% of the actual price for your shares.

For TA, it is even worse. Tony offers RM660k for your bungalow that worth RM3million.

Posted by hopetobecorrect > 2018-08-27 18:47 | Report Abuse

i thought tony is only allow to buy up to 2% of the paid up shares after the MGO but with his purchase today his shareholding is at 36%. Anyone can clarify.................

Posted by TheContrarian > 2018-08-27 19:00 | Report Abuse

Tony can buy unlimited amount of shares at a price not higher than 66 sen. This 2 % limit only applies 12 months after an MGO FAILS. If MGO successful he can keep buying forever at a price not higher than 66 sen from the open market or by direct dealings.

Posted by free2invest > 2018-08-27 20:06 | Report Abuse

@Sslee, thanks for your insight information. I will hold and fight till the end. Remember that calvintanng said Datuk Tiah used to buy TAE about RM1,00? So we fight till this level.

Posted by hopetobecorrect > 2018-08-27 21:24 | Report Abuse

Thanks CONTRARIAN

Posted by joetay14 > 2018-08-27 21:26 | Report Abuse

thecontrarian is one of the few i will share ideas with. u will do well if u keep communicating with him.

Posted by apolloang > 2018-08-27 21:28 | Report Abuse

bro contrarian tomoro u key in buy TA at 65cts 10,000 then sell 66cts make RM 100-commission=still got some roti canai money ar? hahaha

Posted by joetay14 > 2018-08-27 21:30 | Report Abuse

lol........

100 less commission not even enough for one massage session, bro apollo

Posted by TheContrarian > 2018-08-27 22:02 | Report Abuse

TA at 0.65 can't get anymore. Tony placing buy order at 0.66 to mop up as much as possible as closing date draws near.

Posted by RosAng > 2018-08-27 22:19 | Report Abuse

If closing date reach,,TT success its MGO,, WAT HAPPEN TO THOSE WHO STILL HOLD TA SHARES?????

Posted by chkhooju > 2018-08-27 22:25 | Report Abuse

Don't worry. He won't be able to make it. NO WAY!

Posted by RosAng > 2018-08-27 22:31 | Report Abuse

R U SURE???NOW HOW MANY PERCENT HE HOLD D???IF SURE HE CANT MAKE IT,,,SHALL WE CONTINUE TO TOP UP???

Posted by RosAng > 2018-08-27 22:57 | Report Abuse

If TT collect 40% and consider fail MGO,,,will he throw back 5% to press his share down again??

Posted by TheContrarian > 2018-08-27 23:29 | Report Abuse

It would be bad for minorities if Tony doesn't get above 50% as RosAng puts it he can throw back to press down price. But if he is successful, he is allowed after six months to buy at a price above 0.66 to as high as he wishes and as much shares as he wants.

Posted by TheContrarian > 2018-08-27 23:40 | Report Abuse

If MGO fails, Tony is not allowed to make a second general offer for the next 12 months and after that he can only buy up to 2% within 6 months (after the 12 months) at any price even above 0.66. If he buys above 2% within the 6 months after the 12 months he would have to make a second MGO.

Posted by Sslee > 2018-08-28 00:09 | Report Abuse

Dear RosAng,
If Datuk Tiah success then he will hold between 50% to 75%. TAE remain as listed company and trade in Bursa but Datuk Tiah cannot buy more than 2% at higher than 66 cents for the next 6 month. After 6 months then Datuk Tiah can do what Daiman do make another reasonable offer base on previous independent advisor valuation and convey an EGM to approve the acquisition. If no more than 10% vote against such acquisition the acquisition is considered compulsory and TAE will be delist from Bursa and become private company.
Thank you

Posted by RosAng > 2018-08-28 00:55 | Report Abuse

So ,,,in tis situation...shall we add more on TA shares??if buy at 665 ...wats the risk to us??

Posted by Sslee > 2018-08-28 07:34 | Report Abuse

Dear RosAng,
No one know what is Datuk Tiah intention but for current MGO Datuk Tiah already stated he intend to keep TAE listing status hence no compulsory acquisition this round. After this round then immediately he need to settle the TAGB shareholder spread.
The independent advisor valuation report will be out latest by next week. Read the report then decided.
Thank you

Posted by Bruse > 2018-08-28 09:14 | Report Abuse

If MGO fails we hope there will be a hostile takeover from third parties

Posted by RosAng > 2018-08-28 09:19 | Report Abuse

So,,now still can top up??

Posted by plroo7 > 2018-08-28 09:43 | Report Abuse

I hope TAE will be like Daiman's offer... Fair to everyone... Hope so...

Posted by RVI123 > 2018-08-28 10:19 | Report Abuse

Tony is not fair. Offer price no premium. Take advantage of minorities.

Posted by calvintaneng > 2018-08-28 10:20 | Report Abuse

https://www.youtube.com/watch?v=vsPc-Ix3_ow

66 sen percah now

https://www.youtube.com/watch?v=vsPc-Ix3_ow

Posted by Yael Jasper > 2018-08-28 10:44 | Report Abuse

All stocks are green today.we may see minimal growth. Worth to invest

Posted by luckypunting > 2018-08-28 11:02 | Report Abuse

0.66 offer is still valid now, whenever price go below this can just buy and sell back to get some free roti canai :p

Posted by Lim Tek Wai > 2018-08-28 11:14 | Report Abuse

Thanks for the profit, earned huge profit to buy stuff hehe

Posted by singh1 > 2018-08-28 11:28 | Report Abuse

Let's see of Tony is buying at 66.5 sen today. If he does then the show begins.

Posted by hopetobecorrect > 2018-08-28 12:18 | Report Abuse

singh1., there is no reason for him to buy at higher than 0.66000000000000000000

Posted by iphone4 > 2018-08-28 12:25 | Report Abuse

Accordingly, TA listing status will be mainlined. Am sure if the offer is successful, the Offeror wld like to see a better trading price for TA. Just my thought, hold on to yr shares if you feel the deal is shitty.

Posted by luckypunting > 2018-08-28 13:11 | Report Abuse

wah ... 0.665 also got buyers :p