TA ENTERPRISE BHD

KLSE (MYR): TA (4898)

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Last Price

0.655

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


8 people like this.

7,616 comment(s). Last comment by Scylla 2021-03-27 13:22

Posted by taktaumacammana > 2016-11-30 18:17 | Report Abuse

ya... my remiser told me today is final day of the month, ppl clearing position

Posted by taktaumacammana > 2016-11-30 18:17 | Report Abuse

either for window dressing or clear position

hng33

20,446 posts

Posted by hng33 > 2016-11-30 18:24 | Report Abuse

Due to these one off event selloff, expect TA share price rebound back tomorrow

hng33

20,446 posts

Posted by hng33 > 2016-11-30 18:28 | Report Abuse

That is reason why in last trading time, portfolio jump in all at 43.5sen

villa1668

1,236 posts

Posted by villa1668 > 2016-11-30 18:37 | Report Abuse

Trading volume from RM1millon to RM6million plus in last 10min

hng33

20,446 posts

Posted by hng33 > 2016-11-30 18:48 | Report Abuse

Nothing to worry at all, these is very rare opptunity offer by fund and actually, many know these is one off selloff due to fund adjustment end of NOV. The one off big selloff volume Is absorb well by market and the fact that these one time selloff volume had NOT top up its volume throughout last 10 min, but buying volume rush absorbing until end of session.

voon1900

714 posts

Posted by voon1900 > 2016-12-01 08:38 | Report Abuse

i wish u all the best n i hav confidence it wi rebound..bt i am x followin n stay sideline..u r hero today

hng33

20,446 posts

Posted by hng33 > 2016-12-01 15:41 | Report Abuse

:D)

kingofong

372 posts

Posted by kingofong > 2016-12-01 18:29 | Report Abuse

buy

Posted by verbatin1969 > 2016-12-01 21:59 | Report Abuse

today (1 Dec 2016) bought 45,000 shares at 44.5c

villa1668

1,236 posts

Posted by villa1668 > 2016-12-01 23:54 | Report Abuse

Good move, the worst might over. Trump Hotel in Vancouver will contribute earning for company next year onwards.

kingofong

372 posts

Posted by kingofong > 2016-12-02 14:57 | Report Abuse

buy

chkhooju

1,706 posts

Posted by chkhooju > 2016-12-02 15:36 | Report Abuse

How low can it goes?
If lose all, it's only 44 cents. No big deal!

Posted by faytdestiny > 2016-12-02 20:30 | Report Abuse

Think still will go lower..

villa1668

1,236 posts

Posted by villa1668 > 2016-12-02 23:01 | Report Abuse

Buy when it is selling at discount

Posted by faytdestiny > 2016-12-03 00:26 | Report Abuse

Thanks for advice

kingofong

372 posts

Posted by kingofong > 2016-12-05 09:08 | Report Abuse

BUY

Posted by faytdestiny > 2016-12-05 17:48 | Report Abuse

Buy again? Go lower wo

kingofong

372 posts

Posted by kingofong > 2016-12-06 08:38 | Report Abuse

BUY

Posted by faytdestiny > 2016-12-06 09:14 | Report Abuse

Then q lower today haha

Lele

523 posts

Posted by Lele > 2016-12-06 10:53 | Report Abuse

Why Tony everyday buying TA shares?????

Posted by taktaumacammana > 2016-12-06 12:01 | Report Abuse

Can a shareholder/person own more than 33% of a listed company shares? Tiah got almost 32% now. What will happen when he reach 33% of shareholdings? Any one can advise? :)

Posted by taktaumacammana > 2016-12-06 12:11 | Report Abuse

I cant find any related info in the listing requirements either at Bursa Malaysia's website...

super888

517 posts

Posted by super888 > 2016-12-06 13:23 | Report Abuse

will drop below 0.40 ??????

singh1

1,008 posts

Posted by singh1 > 2016-12-06 14:02 | Report Abuse

Taktau From what I read previously, once a shareholder has 33.33% it will automatically trigger MGO or mandatory general offer. So in this case brother Tony will have to make an offer to acquire remainder of shares.

Posted by Activetrader > 2016-12-06 14:40 | Report Abuse

i think hes going to privatize the company, the son will take helm and Dato enjoy life in Canada with ahmoi ahmoi western!!! syok ponya life... kongket evday

singh1

1,008 posts

Posted by singh1 > 2016-12-06 15:39 | Report Abuse

I hope TA will distribute the tagb shares to shareholders. That is almost 2 tagb shares for every
1 TA share. Then he can privatize and do whatever he wants.

kingofong

372 posts

Posted by kingofong > 2016-12-06 16:39 | Report Abuse

BUY

kingofong

372 posts

Posted by kingofong > 2016-12-07 10:47 | Report Abuse

BUY

voon1900

714 posts

Posted by voon1900 > 2016-12-07 11:32 | Report Abuse

SELL

voon1900

714 posts

Posted by voon1900 > 2016-12-07 11:32 | Report Abuse

SELL

voon1900

714 posts

Posted by voon1900 > 2016-12-07 11:32 | Report Abuse

sell

kingofong

372 posts

Posted by kingofong > 2016-12-07 14:40 | Report Abuse

BUY

kingofong

372 posts

Posted by kingofong > 2016-12-08 08:07 | Report Abuse

BUY

villa1668

1,236 posts

Posted by villa1668 > 2016-12-08 10:31 | Report Abuse

U sell i buy

Posted by taktaumacammana > 2016-12-09 10:02 | Report Abuse

thank you singh1. I still cant get the information from Bursa website though ... lol

kingofong

372 posts

Posted by kingofong > 2016-12-09 10:05 | Report Abuse

BELI

hng33

20,446 posts

Posted by hng33 > 2016-12-09 11:15 | Report Abuse

steady moving back :D)

kingofong

372 posts

Posted by kingofong > 2016-12-09 11:21 | Report Abuse

BELI

kingofong

372 posts

Posted by kingofong > 2016-12-14 15:24 | Report Abuse

keep buying

hng33

20,446 posts

Posted by hng33 > 2016-12-14 16:00 | Report Abuse

sold back partial TA at 45sen, lock paper profit , free up capital first.

hng33

20,446 posts

Posted by hng33 > 2016-12-19 10:09 | Report Abuse

sold off all balance TA at 46sen, lock all higher handsome paper profit, free up all capital

Lele

523 posts

Posted by Lele > 2016-12-30 08:07 | Report Abuse

Under Securities Commission regulations, any party whose interest pushes past 33% of a listed firm’s total share base must make a mandatory general offer for the rest of the shares it does not own. 

http://www.ibanet.org/Document/Default.aspx?DocumentUid=9396529C-A9F3-40E0-8809-2FF831949659 

https://www.sc.com.my/wp-content/uploads/eng/html/resources/guidelines/tom/160815/tom_rules_160815_complete.pdf

enid888

581 posts

Posted by enid888 > 2017-01-06 16:18 | Report Abuse

What Tony intends to do? I think he is collecting.

singh1

1,008 posts

Posted by singh1 > 2017-01-06 23:10 | Report Abuse

He is buying cheap because people selling cheap!!

enid888

581 posts

Posted by enid888 > 2017-01-08 23:30 | Report Abuse

The current extremely low share price and depressed market is the best opportunity for Tony to take the company private.

enid888

581 posts

Posted by enid888 > 2017-01-12 10:00 | Report Abuse

Singh 1. What you said is true. All the hotels in Australia, China, Canada, Singapore and Thailand were bought at very cheap price. The hotels in Australia, China, Canada and Singapore have appreciated more than 100% or 200% from their original price (still booked the purchase price in the accounts). I think Tony has the intention to take the company private.

Like what Lele stated earlier, Tony and related parties have accumulated

TA - 32.0874% shareholding

TAGB - 72.8727% shareholding (including TA shareholding)

They are very near to the MGO trigger line.

Tony will be more than 100% richer if he can take the company private. Furthermore, he can choose to list it in other more active bourse like HK, London, Toronto or NY. TAGB assets are more than eligible for him to do that. All are 4 stars, 5 stars or even 6 stars hotels in premium locations.

CAF-POW

202 posts

Posted by CAF-POW > 2017-01-12 13:44 | Report Abuse

They might make crappy offer to minority holders, like what happened in pjdev

enid888

581 posts

Posted by enid888 > 2017-01-12 16:55 | Report Abuse

The NBV of TAGB in the account is RM0.54 per share.

At this NBV
1) the land opposite KLCC is valued at RM716/sq ft. The current market price is RM3,500/sq ft

2) the land in Damansara Avenue is valued at RM88/sq ft. the current market price is RM500/sq ft

enid888

581 posts

Posted by enid888 > 2017-01-13 12:21 | Report Abuse

The Net Asset Value (NAV) of TAGB in the financial report is RM0.54 / share. However, if you calulate its Revised Net Asset Value (RNAV) by calculating their assets based on the current market values, the RNAV should worth about RM1.30 / share.

The market including institutional and individual investors overlook the counter and trade the company at RM0.27 instead of RM1.30, that is really an unbelievable bargain. Tony knows that the company is worth RM1.30/ share. Now, there are still people willing to sell at RM0.27, he surely will buy whatever sale quantities in the market. I think he will privatise the company to reap this full benefits of the market ignorance on the counter. The local investors do not know how to appreciate the premium quality and premium locations of the development land, hotels and office buildings (None of its assets is in hulu hulu place).

Some of its properties

In Malaysia
KLCC Land ______________________ NAV : RM 716/sq ft______Market Value : RM3,500/sq ft
Bukit Bintang Land ( near to Pavillion) __NAV : RM 682 /sq ft ____Market Value : RM 3,300/sq ft
Damansara Avenue ________________ NAV : RM 88/sq ft ______Market Value : RM 500/sq ft

Outside Malaysia
Radison Plaza Hotel, Sydney, Australia _NAV : RM 262mil______ Market Value : RM 838mil
Westin Hotel, Melbourne, Australia_____NAV : RM452 mil ______ Market Value : RM 865mil
Swisstotel MCt, Singapore ___________ NAV : RM 593mil ______ Market Value : RM1,488mil

To Tony, the best business is to collect TA and TAGB shares. It will be best of the best if they can be privatised.

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