Posted by sephiroth > 2013-07-06 13:57 | Report Abuse

even though the privatisation failed, the market will now realise how undervalue this counter is even at 0.705 only 0.4 times book value of 1.72

Posted by CityTrader > 2013-07-06 14:02 | Report Abuse

expect it to retrace to 0.67.

Posted by alkop > 2013-07-06 15:07 | Report Abuse

Bro sephiroth n citytrader ...both of u are all rounders...Meet both of u before..BUT i m not as active as u all...U r nice people since knowing u all be4..NOW citytrader the tiger expect it to retrace to.0.67 BUT sephiroth say 0.60 THEN me says UP or DOWN i follow.....hepi trading

Posted by CityTrader > 2013-07-06 15:32 | Report Abuse

0.67 (24%) is the immediate support then followed by 0.60 (63%). If there is no more fresh news, it may retrace to fill up the gap 0.575. Bro sephiroth is FA & i only follow my trading rules. For long term, it is no doubt that NTA is 1.71 & my fair value is 1.20. Personal opinion. I notice that we can follow Bro sephiroth as his suggestions normally hit the mark not mine..

Posted by scott > 2013-07-06 15:56 | Report Abuse

i went to KPMG on Friday .. no time to que .. fuck man .. Hopefully Monday it won't drop too much bah

Posted by tan850201 > 2013-07-06 16:01 | Report Abuse

Will closely monitor on monday, see how is the trend go...

Posted by alkop > 2013-07-06 16:02 | Report Abuse

Bro Scott ...who knows u can sell higher on Monday morning .... i just predict... It maybe right ..it might be wrong.. U look so regretful.. I wish u can sell at the price u want..be quick to que...Calm down...tq

Posted by scott > 2013-07-06 16:12 | Report Abuse

haiz ... i can only hope for that ...

Posted by agrimineral > 2013-07-06 16:14 | Report Abuse

The deal selling to Kenanga is off

Posted by alkop > 2013-07-06 16:33 | Report Abuse

TA price doesnot rely on OFF or ON deal only but the fear is contra player n margin call to unload... So if u r not in yet nothing to fear BUT if u r already in maybe...Looking at FRiday close ..though the result already known..TA close positive....So the real situation ...we watch on monday n tuesday n wed that is T+3 n force selling..tq

Posted by mlg123 > 2013-07-06 17:19 | Report Abuse

She only mentioned not selling to kenaga but not to others.

Posted by alkop > 2013-07-06 17:51 | Report Abuse

yes ..agreed mlg123...it is strategy...she also mentioned many wealthy men like her...ha ha ha...weekend not to be serous all the time...tq

Posted by Richard Ng > 2013-07-06 21:51 | Report Abuse

Dont be so upset,think positive.as Chinese always say you want to eat saltfish,don't be scared of thirsty.high risk good return ma!

Posted by CityTrader > 2013-07-06 21:57 | Report Abuse

only when we face with tough challenges/failures & bitten by lobsters, tiger or condom, then we can grow up to be a better man. ... Cheers!!

Posted by Richard Ng > 2013-07-06 21:59 | Report Abuse

Absolutely right,brother.

Posted by alexisvics > 2013-07-06 22:11 | Report Abuse

Monday may not be red for TA,share market is so unpredictable. Just look at Dow Jone,everybody thinks that good job data will cause panic selling is US,but the market reversed and dropped everyone's spectacles.

Posted by prudentinvestor > 2013-07-06 23:33 | Report Abuse

Nobody can predict the market's direction. TA shares went up to over RM 2.00 during the 2006/07 bull run. The index today is over 15% higher than the peak achieved 6 years ago but look at the performance of TA shares. TA doesn't seem to be on the radar screen of institutional investors and syndicates. Things may change.

Posted by balvin71 > 2013-07-07 09:11 | Report Abuse

Monday sell. Wednesday pick up again at lower price. Can also make money. ;)

Posted by mlg123 > 2013-07-07 10:31 | Report Abuse

i agree with prudentialinvestor. at that time TAE had not separate the stockbroking and the property business which is TAGB. when TAE spin off TAGB, each shareholder was given 3 lots of TAGB and 3 lots of TAGB-PA free for every 5 lots of TAE.
at current price of TAE(0.70) and TAGB(0.315), the average price of TAE is only RM1.07 which is still more than 50% lower than its peak of RM2.40++.

After the spinning of TAGB, the performance of TAGB can be consider
good as it had acquired great hotels and great price and profit had been on the uptrend.

i am guessing that since TAE still control about 62% of TAGB, Tony Tiah will sure wants to have more of TAGB in the future. One of the way to fully benefit him is to sell TA securities and then distribute TAGB shares and cash or whatever left to all TAE shareholders. He and his family will be the one to benefit the most.

TAGB is the jewel of TAE and TONY TIAH will find a way to have more of TAGB shares.

Finally, he will have a REIT on TAGB properties. Only by this way he will be able to benefit maximum but this process will take time.

Look at hwang-dbs. Once the founder pass away, the family wants to sell off the broking firm. Tony Tiah is no longer young and i think he knows what is the real jewel in his company more than us.

What do you all think of my assumption?

Posted by alkop > 2013-07-07 11:09 | Report Abuse

bro..appreciate ur lenghty info n opinion..deep but concise ....tq

Posted by Drachen > 2013-07-07 11:30 | Report Abuse

Well done, mlg123.

Posted by mlg123 > 2013-07-07 11:52 | Report Abuse

on the fundamental side, TAE earning for 1Q2014 is about 50 million ++ which is already >50% what they earned for the whole FY2013.
if they can maintain this performance for the next 3 quarters, it will be
beautiful.

this result will support TAE price, i assume unless some one inside knew that the coming current results will be bad.

i also had another assumptions to share with you all;
tony tiah have about 30% of TAE according to TAE 2013 annual report.

Tony Tiah is extremely lucky that he is in malaysia that we do not have manu aggresive/hostile funds that will prey on all this undervalue counters.
imagine if pnb or epf or any rich individual are interested to wallop up tagb properties, what they need to do is only offer RM1.10 for all TAE shares with the condition of receiving supports that is more than tony tiah and his proxies. if succesful, then they will then end up with 62% of TAGB that is so much undervalue(Tony Tiah purposely do not want to re-value all these properties that is why in hwang dbs report, they mentioned latent value.

after that, they can dispose the securities firm and there is no need for the Tiah's to main main the waiting game at the minorities shareholders expenses.

Posted by alkop > 2013-07-07 12:20 | Report Abuse

Tq...bro ..IF i want to base on ur info n other positive comments n price play n ending on Friday...i predict TA open green n to break new high BUT if to drop ..i think it is minimal..My rational is Many Wealthy Men still want to engage the Lady...Best man win... Cant wait Monday anymore.. Up or down is exciting

Posted by lion2368 > 2013-07-07 19:01 | Report Abuse

alkop,u are right..

Posted by Richard Ng > 2013-07-07 22:26 | Report Abuse

I think I will buy some Tagb shares in case it drop, anyway I would like to thank mlg123 for his good information!

Posted by scott > 2013-07-08 08:58 | Report Abuse

Gg

Posted by tan850201 > 2013-07-08 10:02 | Report Abuse

TA today drop but not that significant, dunnot tommorrow hhow is the performance

Posted by JTFX > 2013-07-08 10:08 | Report Abuse

Q to buy back on any further market corrections at 0.61-63 lvls..

Posted by tan850201 > 2013-07-08 10:25 | Report Abuse

i look the trend, is quite optimistic for this counter, strong resistance at 67sen. maybe it will not drop until that 61 sen level

Posted by CityTrader > 2013-07-08 10:44 | Report Abuse

Only retrace 24% from its SH. Once it dips further to 0.61, then it is a reversal.

Posted by Edmundleekoklam > 2013-07-08 11:05 | Report Abuse

I'm lucky enogh to soldout at 70. A nice profit of 19k

Posted by JTFX > 2013-07-08 11:11 | Report Abuse

This stock broking M&A play is not over yet.. accumulate on corrections..

Posted by tan850201 > 2013-07-08 11:23 | Report Abuse

i will accumulate it once it drop until 64 sen and below. hope it will reach this level. i didnt able to sell out at 70. damm poor. i just sold out all at 675.

Posted by scott > 2013-07-08 12:08 | Report Abuse

sad lost 1k because i went out on Friday ...

Posted by Edmundleekoklam > 2013-07-08 12:27 | Report Abuse

The price will weaken further. Just be patience wait a little longer before you decide its attractive or still expensive? I'm will consider buying if dip below 60.

Posted by ryan7642 > 2013-07-08 12:36 | Report Abuse

the CEO mention if any attraction offer which is super good value still will sell the biz so not the end of the topic of the M&A yet but attract more buyer soon so lets see how it goes n stay tune since Kenanga not officially put offer yet which they mention they will likely gonna take over some potential company in future:)

Posted by agrimineral > 2013-07-08 14:55 | Report Abuse

675 good buy ???

Posted by Nsl Sean Lok Ng > 2013-07-08 15:06 | Report Abuse

Lets wait for 64. Sure will go down one

Posted by Nsl Sean Lok Ng > 2013-07-08 15:06 | Report Abuse

Had sold off all at 705 and looking to buy cheaper

Posted by agrimineral > 2013-07-08 15:08 | Report Abuse

I sold mine at 71 also waiting to buy back

Posted by Nsl Sean Lok Ng > 2013-07-08 16:09 | Report Abuse

I'm going in at 68, looks like the speculator tries to push up again

Posted by agrimineral > 2013-07-08 16:21 | Report Abuse

I will still wait

Posted by CityTrader > 2013-07-08 16:55 | Report Abuse

good support at 0.67,, see how the price goes from today onwards.

Posted by alkop > 2013-07-08 17:04 | Report Abuse

Base on our frenz comments .. i see many still agree that TA is still attractive n hev potential to go north...so m holding..tq

Posted by thesteward > 2013-07-08 19:21 | Report Abuse

wed force selling right?

Posted by alexisvics > 2013-07-08 19:31 | Report Abuse

Everyday has force selling.Contra players are queueing to escape. Watch out if no holding power.

Posted by JTFX > 2013-07-09 10:34 | Report Abuse

all Quiet on the western front..

Posted by ryan7642 > 2013-07-09 17:39 | Report Abuse

i think the Director will still buy in more TA shares this week shd stay tune~~

Posted by Derek Ang Yew Pin > 2013-07-09 21:57 | Report Abuse

yeap .. just buy back 3,000,000 unit

Posted by balvin71 > 2013-07-09 23:03 | Report Abuse

Yes, based on the disclosures, Datuk Tiah has been accumulating the stock for the last 7 months. I will be keeping a close eye on this stock. Jump in if start moving upwards again. For now on the sidelines until got direction.