Posted by bohmiah > 2015-03-31 22:47 | Report Abuse

quote "the current year’s fourth quarter results was dragged down by foreign exchange losses realized upon the dissolution of foreign subsidiaries and fair value loss on investment securities" ... how come can kena forex losses???

Posted by matakuda > 2015-03-31 23:09 | Report Abuse

Yao shiu. This con stock

Posted by i3i2i1 > 2015-03-31 23:34 | Report Abuse

The Group reported loss before tax of RM23.8million and revenue of RM232.0million for the
current fourth quarter, compared to profit before tax of RM40.5million and revenue of
RM281.7million respectively achieved in the previous year’s corresponding quarter.
Credit and lending and investment holding are the main divisions that caused the drop in Group’s
results in the current fourth quarter.
The performance of the Group, analysed by its key operating segments is as follows:-

Posted by i3i2i1 > 2015-03-31 23:34 | Report Abuse

Investment holding
Investment holding division reported loss before tax of RM66.7million in the current year’s fourth
quarter, as compared to profit before tax of RM34.3million in the previous year’s corresponding
quarter.
Despite higher investment interest income, the current year’s fourth quarter results was dragged
down by foreign exchange losses realized upon the dissolution of foreign subsidiaries and fair
value loss on investment securities.
For the current year-to-date, this division reported loss before tax of RM58.0million, as compared
to loss before tax of RM2.6million in the preceding year.
Despite higher investment interest income and fair value gain on derivatives, current year’s loss
before tax was higher primarily attributable to higher fair value loss on investment securities, and
acquisition related cost incurred.
Credit and lending
For the current year’s fourth quarter, credit and lending division contributed RM29.9million profit
before tax to the Group, as compared to profit before tax of RM72.2million in the previous year’s
corresponding quarter.
Despite higher investment interest income, current year’s fourth quarter results was dragged down
by higher fair value loss on derivative and investment securities, and lower loan recovery income.
This division achieved a current year-to-date profit before tax of RM154.9million, as compared to
RM107.3million in the preceding year.
Despite higher fair value loss on derivatives and investment securities, the division’s performance
was boosted by loan recovery, foreign exchange gain on translation of AUD and CAD
denominated balances, and higher investment interest income.

Posted by i3i2i1 > 2015-04-01 09:29 | Report Abuse

gap down.. semua kena April Fool! GST impact too!

Posted by i3i2i1 > 2015-04-01 09:30 | Report Abuse

matakuda, you malay or chinese? you use the word yaoshiu... 1 QR bad only mah... whole year still good TA price almost at bottom.. after today sell down sure got good news one... clear those ppl first

Posted by Steventeo > 2015-04-01 09:35 | Report Abuse

drop like shit..

Posted by speakup > 2015-04-01 09:55 | Report Abuse

drop = buying opportunity

Posted by Steventeo > 2015-04-01 10:10 | Report Abuse

very surprise TA making the lost...how many dividend will pay for this yr ???????

Posted by i3i2i1 > 2015-04-01 10:42 | Report Abuse

but above 70cent! still good buy la

Posted by villa1668 > 2015-04-01 13:18 | Report Abuse

This year first quarter earn back all the losses

Posted by Steventeo > 2015-04-01 13:29 | Report Abuse

villa 1668, how much dividend will pay for TA ?

Posted by mlg123 > 2015-04-01 14:15 | Report Abuse

villa1668 why did you said "This year first quarter earn back all the losses "?

Posted by AdCool > 2015-04-01 15:20 | Report Abuse

This TA very good in accounting. If you study further on its Q3 results, both tax and investment securities are significantly lower than Q4 results. Most probably they parked everything under Q4 and hence the loss.

You may ask why Q4 and not the earlier quarters which I too still wondering. Perhaps there is better advantage in term of accounting to park those costs under Q4.

Posted by villa1668 > 2015-04-01 15:43 | Report Abuse

Steventeo...I don't know how much dividend will declare this year. I guess final single tier of 2.2% for FY 31Jan2015 only.

Posted by villa1668 > 2015-04-01 15:44 | Report Abuse

Mlg123...I just said only...I think I am still optimistic about the future of TA...

Posted by i3i2i1 > 2015-04-01 16:01 | Report Abuse

http://www.theedgemarkets.com/my/article/ta-enterprise-ta-global-tumble-4qfy15-net-losses

Posted by villa1668 > 2015-04-01 16:09 | Report Abuse

today selling pressure is overdone!!!

Posted by villa1668 > 2015-04-01 16:12 | Report Abuse

TA Enterprise is just making loss for Q4 only...I can say that have kick out most of the short term trader..TA long term prospect still intact.

Posted by always_steady > 2015-04-01 17:39 | Report Abuse

surprise QR turn bad.

Posted by i3i2i1 > 2015-04-01 17:46 | Report Abuse

haha, we wait and buy from this "fear"

Posted by villa1668 > 2015-04-01 18:15 | Report Abuse

For those who sold it just now may realise that it is a mistake when they wake up tmr..

Posted by skybursa > 2015-04-01 18:54 | Report Abuse

Medium term will correct further

Posted by Eric Lim > 2015-04-01 19:53 | Report Abuse

Time to sapu

Posted by dragonfruits > 2015-04-01 22:59 | Report Abuse

Y

Posted by bohmiah > 2015-04-01 23:07 | Report Abuse

Tot most is not all of their hotels r in overseas which should have appreciate in forex???

Posted by truthseeker1 > 2015-04-02 04:08 | Report Abuse

Example of stock director buying the shares all the time but doesn't mean the company cannot make loss.

Posted by truthseeker1 > 2015-04-02 04:13 | Report Abuse

Despite Tony Tiah buying and buying he only own 31% of TA. Why he only own so little?

Posted by i3i2i1 > 2015-04-02 07:27 | Report Abuse

any trick part? or transx?

Posted by i3i2i1 > 2015-04-02 08:56 | Report Abuse

revisit 655?

Posted by i3i2i1 > 2015-04-02 09:06 | Report Abuse

from AllianceDBS: TA Enterprise: Hit by forex losses

• 4QFYJan15 in the red due to forex losses

• Property development and broking operations underpinned full year core EBIT

• TP and recommendation under review

wait for new TP and review

Posted by imoogi99 > 2015-04-02 10:12 | Report Abuse

Interesting development in this counter....pushing buyer to buy high.

Posted by Sweetkeledek > 2015-04-02 10:35 | Report Abuse

For those who were wondering why Nta went up despite p&l loss, look at the comprehensive income statement. They recorded 66 million positive forex translation diff leading to overall comprehensive income of 32 million. Out of the 66 million about 30 million reflects reclassification for the dissolution of subs. Becos now realised, the 30 million loss reclassified from equity to p&l. Therefore minus 30 million in p&l but plus 30 million under comprehensive income = no actual change to equity. So yes there were forex appreciation but not recognized in p&l as not realised yet.

Posted by AdCool > 2015-04-02 11:53 | Report Abuse

Sweetkeledek. Can explain it easier in layman term? Are you saying that there is forex gain but it is not recognized in q4. So would this gain be recognized sooner or later then?

Posted by i3i2i1 > 2015-04-02 12:07 | Report Abuse

im pretty sure something positive..

Posted by blowjob > 2015-04-02 14:52 | Report Abuse

many companies (especially those which took in lots of debt) have been making losses from forex these few quarters. so i'm not surprised at all

Posted by Sweetkeledek > 2015-04-02 15:25 | Report Abuse

The forex translation gains are being recorded in Q4 under Exchange Reserve. Between last Q and this Q the Reserve shows an increase reflecting an appreciation during the Q and recognised as Other Comprehensive Income.

If next Q, the forex goes the other way, the Exchange Reserve will come down with a corresponding Other Comprehensive Loss.

It is only when the asset/foreign operation is disposed/realised, then only the forex translation gain or loss will be recognised in the profit and loss

Posted by mlg123 > 2015-04-02 15:31 | Report Abuse

sweet keledek: it is possible for you summarize TA Q4 result in layman term? difficult to understand all these

Posted by AdCool > 2015-04-02 17:58 | Report Abuse

http://www.intellecpoint.com/2015/04/sold-airport-and-bought-ta-enterprise.html

This should summarize it.

Posted by i3i2i1 > 2015-04-04 01:28 | Report Abuse

collect more! now cant get below 70cents! unless globals big corrections

Posted by villa1668 > 2015-04-06 13:15 | Report Abuse

Bought 25000 units @0.70 again.

Posted by AdCool > 2015-04-06 13:21 | Report Abuse

No catalyst for it now. Think will hover around this price for the next 3 months until the next results.

Posted by villa1668 > 2015-04-06 13:26 | Report Abuse

Sometimes it come out without our expectations...

Posted by villa1668 > 2015-04-06 13:37 | Report Abuse

I cant predict the market, just buy and hold it...

Posted by kingofong > 2015-04-07 15:06 | Report Abuse

tony alicia ? ? ? ?

Posted by Keff Chow > 2015-04-07 22:17 | Report Abuse

i loss around 0.3...when i buy TA is around 1.2.

Posted by hsteoh56 > 2015-04-07 23:04 | Report Abuse

alar! i hold this stock 4 about 20 years n still holding, it is with my sister account n lazy 2 ask whether still with her?

Posted by ampabella > 2015-04-07 23:20 | Report Abuse

must tangkap tony tiah n beat his backside, niamah below 0.70 cts pun boleh

Posted by imoogi99 > 2015-04-07 23:29 | Report Abuse

Already mentioned here on 2nd Apr...as result not promising, those big guys already run at high price. Believe new buyers waiting at 65sen.

Posted by imoogi99 > Apr 2, 2015 10:12 AM | Report Abuse X

Interesting development in this counter....pushing buyer to buy high.

Posted by singh1 > 2015-04-08 06:07 | Report Abuse

Don't forget, Tony was buying at above 90 sen for quite some time. For now he is quiet, so not much support for the price, maybe because of global uncertainty.