TA GLOBAL BHD

KLSE (MYR): TAGB (5158)

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Last Price

0.28

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

2,557 comment(s). Last comment by Benjima 2023-01-31 17:23

hkc1969

54 posts

Posted by hkc1969 > 2017-03-27 11:10 | Report Abuse

During the General Meeting in May'2017, we might expect some good news. Do not buy / sell first. Not until the end of April ' 2017.

lele, shouldn't we accumulate more if it is good news???

Lele

523 posts

Posted by Lele > 2017-03-27 11:19 | Report Abuse

' Expect "

hkc1969

54 posts

Posted by hkc1969 > 2017-03-27 11:35 | Report Abuse

lele, can give some hints>>>>>>

mlike

1,022 posts

Posted by mlike > 2017-03-27 11:59 | Report Abuse

bought some at RM0.375.

Lele

523 posts

Posted by Lele > 2017-03-27 13:08 | Report Abuse

hkc1969, I think TAGB is listing a Hospitality REIT, maybe in August'2017. The five-star hotel cum serviced apartment project is located next to the headquarters of Menara TA on Jalan P Ramlee that is directly across from the KLCC towers.

hkc1969

54 posts

Posted by hkc1969 > 2017-03-27 14:00 | Report Abuse

possible catalyst;
1) little bay cove sydney possible disposal at more than A$280 million
2) damansara avenue azelia new poject
3) ta 3 & 4 project
4) Hospitality REIT, maybe in August'2017

any more, pls add

mlike

1,022 posts

Posted by mlike > 2017-03-27 14:07 | Report Abuse

"
By Tan Choe Choe / The Edge Malaysia | May 11, 2016 8:45 AM MYT

TA Global has been talking about spinning off its hotel operations into a real estate investment trust (REIT) since 2011, but Joo Kim says that plan has been shelved for now.
“I don’t think we’re ready to go for a REIT yet. We need to first do a better job of managing our assets. Not all our hotels are doing really well yet. We have to make sure we have a solid portfolio — it’s not up to my expectation yet — before we go for a REIT and take people’s money to expand further.”
"

mlike

1,022 posts

Posted by mlike > 2017-03-27 14:11 | Report Abuse

i dont know why Lele aways talking about the REIT.
From what i know, this "REIT" has been shelved.
Lele, do you have any news to support "maybe in August 2017" for the REIT, or this is just your CON.

Lele

523 posts

Posted by Lele > 2017-03-27 14:26 | Report Abuse

mlike, That announcement was about 10 months ago.

mlike

1,022 posts

Posted by mlike > 2017-03-27 14:37 | Report Abuse

sure bo?

hkc1969

54 posts

Posted by hkc1969 > 2017-03-27 14:43 | Report Abuse

need to add something on the risk in investing TAGB;
1) already highlighted by Singh1

villa1668

1,236 posts

Posted by villa1668 > 2017-03-27 16:45 | Report Abuse

I like TA group, to mitigate risk, switch from TAGB to TA is another way to hold TAGB + TA securities biz.

mlike

1,022 posts

Posted by mlike > 2017-03-27 16:45 | Report Abuse

big droping is coming.....

mlike

1,022 posts

Posted by mlike > 2017-03-27 16:51 | Report Abuse

who is losing in this counter? i asked your profit claim.... but nobody believe....

mlike

1,022 posts

Posted by mlike > 2017-03-27 16:53 | Report Abuse

tomorrow will be more worse.

villa1668

1,236 posts

Posted by villa1668 > 2017-03-27 17:02 | Report Abuse

Why TA Enterprise?
1. TA Market value is less than % of TAGB holding
2. Share price lagging behind compared to TAGB
3. TAGB up, TA surely follow to trend higher
4. TA sell broker firm or merge, will benefit to TA
5. Conservative strategy
6. 1 stone 2 birds.

villa1668

1,236 posts

Posted by villa1668 > 2017-03-27 17:03 | Report Abuse

mlike, u replied not yet claim profit? Don't tell me u claim today?

singh1

1,008 posts

Posted by singh1 > 2017-03-28 08:49 | Report Abuse

TrumpCare failed, Obamacare survived. The stock market (Dow) was going to have a big correction? For a while in the morning session it seemed it was going to have a hard landing but luckily started to recover and survive. This is a very good sign!!!
People still believe he can do some magic. It could very well be a good 2017 for stocks as now they gonna work on reducing corporate tax in the U.S.
Trump said he wants to achieve that by August. That hope should help the markets over the next five months at least.
It is now a wonderful time for TAGB to launch it's projects. Shouldn't waste any time. It is a beautiful opportunity and the timing is Kao Kao man.

http://www.theedgeproperty.com.my/tags/damansara-avenue

singh1

1,008 posts

Posted by singh1 > 2017-03-28 08:50 | Report Abuse

There are opportunities in Canada as well. Since the TAGB and Holborn JV is completed with Trump Tower there is a chance there could be more JV coming up. I am only guessing. Here is an interesting piece of news.
https://www.biv.com/article/2016/8/holborns-big-plans-little-mountain/

mlike

1,022 posts

Posted by mlike > 2017-03-28 10:07 | Report Abuse

are your still waiting, please this is the good time and price for profit claim....

mlike

1,022 posts

Posted by mlike > 2017-03-28 10:15 | Report Abuse

i claimed my today.

super888

517 posts

Posted by super888 > 2017-03-28 10:19 | Report Abuse

cut lost ???????

hkc1969

54 posts

Posted by hkc1969 > 2017-03-28 10:24 | Report Abuse

Singh1., wonderful insight on TAGB prospects. What is your view on their debts? I am of the view hat TAGB gearing is quite high. Unless they manage to dispose Little Bay Sydney to reuce their gearing , I wonder if the company has enough cash flow to proceed with so many things. Hoping to read your thought on this issue

singh1

1,008 posts

Posted by singh1 > 2017-03-28 10:51 | Report Abuse

hkc1069 The gearing looks high but in reality it is not. Let me give you an example to look at it in a simplified manner. Let us assume a house is bought in 2009 (IPO year) for $300K and down payment made was $100K. After 8 years lets say the amount owing is $150K, meaning to say over the years $50K has been paid in installments. So now the gearing will look like this... 150 / 300 = 0.5

Now gearing of 0.5 is not accurate !!

The current valuation of the property has not been taken into consideration. Still using old value from 2009. The current value has already doubled !!

The true gearing should be 150 / 600 = 0.25
Aha !! Now TAGB does not have high gearing.

That is why I am always hoping for REIT. Of course there are other ways to see increase in value and that is by selling some property (Little Bay) or launching new properties such as in DA and also beside KLCC. True value will appear but limited to the launching sites only. REIT would cover much more. Hoping for that.

mlike

1,022 posts

Posted by mlike > 2017-03-28 11:11 | Report Abuse

"dont earn until the last dollar", earn what you planned

chang24

157 posts

Posted by chang24 > 2017-03-28 12:00 | Report Abuse

Thanks singh1 for the news update and thoughts sharing. If JK sticks to what he mentioned, it will keep TAGB's momentum going. This stock is undervalued for too long and it really tests those who believe in it.

Gearing wise - totally agree with your comment as valuation of the properties in current market needs to be taken into consideration. Those properties purchased before has increased in value but people still taking old numbers for comparisons.

I am also thinking of the possible JV for Little Mountain in Canada. Let's see how it goes.

hkc1969

54 posts

Posted by hkc1969 > 2017-03-28 12:06 | Report Abuse

singh1, in RM quantitive terms, TAGB short and long terms loans had increased from 1b++ to 2 b++. Yes, on the other side the fixed assets had also increased.
that leave TAGB little room to manourve if their fixed assets are not performing

hkc1969

54 posts

Posted by hkc1969 > 2017-03-28 12:18 | Report Abuse

chang24., yes Singh1 has great insight in this counter. highly appreciate

super888

517 posts

Posted by super888 > 2017-03-28 14:22 | Report Abuse

look like very hard to go up .....

Lele

523 posts

Posted by Lele > 2017-03-28 14:31 | Report Abuse

Do not buy / sell first. Not until the middle of April ' 2017.

Max Foo

17 posts

Posted by Max Foo > 2017-03-28 17:32 | Report Abuse

Just took profit. Sold at 0.38(170K) and 0.365(120K). Thanks.

villa1668

1,236 posts

Posted by villa1668 > 2017-03-28 17:44 | Report Abuse

TAGB will start to climb higher after traders sold this 2 days, have a patient to wait.

hkc1969

54 posts

Posted by hkc1969 > 2017-03-28 18:11 | Report Abuse

today price never touch 0.38 unless yesterday,,,,,,,,,,,

Max Foo
Just took profit. Sold at 0.38(170K) and 0.365(120K). Thanks.

Max Foo

17 posts

Posted by Max Foo > 2017-03-28 19:13 | Report Abuse

hkc1969 today price never touch 0.38 unless yesterday,,,,,,,,,,,

Friday.

super888

517 posts

Posted by super888 > 2017-03-29 10:17 | Report Abuse

very hard to go up.....

super888

517 posts

Posted by super888 > 2017-03-29 10:43 | Report Abuse

l think Tony stop to acquire the TAGB share...

hkc1969

54 posts

Posted by hkc1969 > 2017-03-29 11:28 | Report Abuse

queue to buy at 0.355., average down

Lele

523 posts

Posted by Lele > 2017-03-29 12:47 | Report Abuse

From 19th Dec 2016 to 22nd March 2017, Tony had bought 74,638,900
TAGB shares with amount RM22,757,417.00 ( average price is @ RM0.3049 )

super888

517 posts

Posted by super888 > 2017-03-29 13:08 | Report Abuse

maybe will drop to 0.34...habis , banyak rugi

villa1668

1,236 posts

Posted by villa1668 > 2017-03-29 14:51 | Report Abuse

Switch fromTAGB to TA

Rex Ang

62 posts

Posted by Rex Ang > 2017-03-29 15:33 | Report Abuse

sabar la...baru jatuh sikit...

Posted by SharePlayer > 2017-03-29 15:35 | Report Abuse

Why suddenly come back though will drop to 34 lol. Tony return?

super888

517 posts

Posted by super888 > 2017-03-29 15:42 | Report Abuse

maybe Tony habis bullet ....

singh1

1,008 posts

Posted by singh1 > 2017-03-29 20:50 | Report Abuse

In another few weeks could be at 45 sen.

villa1668

1,236 posts

Posted by villa1668 > 2017-03-29 21:46 | Report Abuse

Tony Tiah a lot of money, he need to kick out the short term traders first, so that he will repurchase with low price again. We just wait what will happen soon, I believe Tony Tiah will continue to buy it again very soon.

singh1

1,008 posts

Posted by singh1 > 2017-03-29 22:00 | Report Abuse

Next week Friday last day to submit offer for little bay. Following which there should be an announcement on the outcome. If sold Tagb gonna shoot up.

singh1

1,008 posts

Posted by singh1 > 2017-03-29 22:05 | Report Abuse

Want to join the party ? He! He!

Lele

523 posts

Posted by Lele > 2017-03-29 22:11 | Report Abuse

Singh 1, any a supporting document regarding the " Next week Friday last day to submit offer for little bay. "

super888

517 posts

Posted by super888 > 2017-03-30 07:23 | Report Abuse

singh 1, what is closing 4pm august 07 ? now is 2017 already.

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