這個公司的股價要大漲,除非公司“ To list it's hotels + TA 3 & 4 as a REIT. That will unlock it's value and reward shareholders. " 之前要如何 Unlock Book Value 是重要因素,因為過後公司股價能不能長期走高就要看" 管理層之前的管理智慧 " 和 " 對社會大眾的責任了 "。
PROPOSED DISPOSAL OF DEVELOPMENT PROPERTY LOCATED IN LITTLE BAY, NEW SOUTH WALES, AUSTRALIA BY TA LITTLE BAY PTY LIMITED ("TALBPL" OR "OWNER"), A SUBSIDIARY OF TA GLOBAL TO KARIMBLA PROPERTIES (NO. 50) PTY LIMITED ("KPPL" OR "PURCHASER"), FOR A CASH CONSIDERATION OF AUD245,000,000 (EQUIVALENT TO APPROXIMATELY RM832,191,500) ("PROPOSED DISPOSAL")
If the deal really go thru, it will make the company very healthy ... too many CASH .... haha, they even upfront said it will not triggered PN17 as CASH Company just to preempt. After this, the most important thing how the company can reward shareholders :) and push up the share price ... lets see how it goes from here
Expected gain arising from the Proposed Disposal :
Based on the Disposal Consideration, TA Global and its subsidiaries (“TA Global Group”) are expected to register an indicative gain before tax arising from the Proposed Disposal of AUD102.00 million (equivalent to approximately RM346.46 million) after taking into consideration the unaudited net book value (“NBV”) of the Property as at 30 June 2017 of approximately AUD138.00 million (equivalent to RM468.74 million) and estimated incidental costs for the Proposed Disposal. Pursuant to the Proposed Disposal, the net taxable gain arising to the Owner will be subjected to Australian corporate tax at a rate of 30%. As at to date, the estimated Australian tax payable has not been finalised and the Board has appointed a tax agent to finalise the relevant tax estimate.
The expected net gain arising from the Proposed Disposal will be disclosed accordingly upon the finalisation of tax computation by the tax agent in the circular to the shareholders of TA Global.
Good news, yes congrats to those who hung on to their shares. I believe it can cross 40 sen, but all the way to 50 sen maybe not. If it does go there I will be very happy. Cheers !!
The deal will take about 4 months to go through. There will be an EGM to get shareholder approval. If can wait it is a good buy at current price. Now still cheap at 35 sen.
If not mistaken, recall that this company Datin owner said the company will start practicing 30%-50% net profit distribution as Dividend .... who can confirm? If true and the net profit keep increading, then EPS will jump...really hope the share price dun go up so fast so that ppl can collect more..hehehe
If TAGB is next MRCB then will see more upside. MRCB injected asset into Quill REIT with control stake and get cash to reduce debt where still get return and more opportunity for other developments.
almost 50% from the proceed will be used to repay bank borrowing. one long term positive effect is saving of interest of about 17.1 million per annum or about 1 sen per share. with p.e 8X, tagb price should appreciate around 8 sen just on this saving
Wow!! Approx 8c appreciate!! FV of the share price shud be 0.42??? TAGB BookValue is around 0.57 and NTA is around 0.59 .... still consider now is lelong price leh ... :D
The most important thing is to see how Datuk Tony Tiah will give back to the small shareholders.
最重要的是看Datuk Tony Tiah將如何回饋給小股東。
Please take note, the Q2 report for the period ended 30 June 2017, may come out at the end of Ogos'2017 . Let's waiting until the end of Ogos'2017 and see how things goes.
Glad to hear such good news and thanks to those who are sharing. It's rather challenging trying to hold on to this share but I do see the value in it. Fingers crossed for a good Q2 result!
Total no of securities ( as at 10th Ogos 2017 / Date announced 10th Ogos 2017 )
a ) In TA ~ Datuk Tiah Thee Kian ( 31.778% ) ~ Datin Tan Kuay Fong ( 0.3094% )
b ) In TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 8.864% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
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.
lele, based on your information, tony tiah already breached the 33% mark, am i correct?
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.
It will cost him much less to privatise TA Ent as the market cap is $1.04B compared to $1.89B for TAGB. His and the family's total holding of TAGB will go up to about 60%. Which means another MGO will be triggered. He can sell the stockbroking business and hand out cash and tagb shares to share holders and he won't need to make any offer to privatise. All shareholders will be handsomely rewarded in a very fair manner. There will be no need to make an offer and face grumpy shareholders in an EGM. Also the whole exercise can be over very quickly. Then can move on and do a current evaluation of TAGB hospitality assets and launch a REIT. He can sell down his stake to bring it below 33% and get a good amount of money at latest valuation prices. It is up to him lah.
u can see even market bad..tagb is quite stable..i believe the director still buying..it might make it mgo case..since director already accumulate enuf
Total no of securities ( as at 11th Ogos 2017 / Date announced 11th Ogos 2017 )
a ) In TA ~ Datuk Tiah Thee Kian ( 31.778% ) ~ Datin Tan Kuay Fong ( 0.3094% )
b ) In TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 8.904% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
I had deleted my earlier post as there is a mistake. TAGB will still hold the development rights of 179 units of high end apartment (Ilume). The proceed will be recognised in 2019
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Posted by Lele > 2017-08-05 11:22 | Report Abuse
小心!不要買進如果沒有好消息。可能有“兩”組人炒這個公司的股票。因為今年第二季度財務報表將會在這個月尾公佈。通常財務報表還沒有公佈都會有小把戲。之後如果沒有好消息股價會在下跌。
之前有一位人說他出席今年的股東常年大會,過後他說公司有收到8份Little Bay Cove競標。可是公司的股東大會後的記者招待會都沒有說任何消息,何況截止日期到現在已經有4個月了。之前我都說了股息後會下跌到RM0.30以下,事實已經證明了。
現在要買入的人要考慮清楚,因為之前買入在RM0.29的人可能已經賣出去了。如果沒有好消息,到這個月尾( 第二季度財務報表公佈前 )股價可能是RM0.36左右,之後第二季度財務報表公佈後會在下跌( 如果沒有好消息 )。現在要買入的人一定要考慮以下的問題:-
1) TAGB公司的總數股票是很多。
2) 常年能夠支付的股息是不高。
3) 大老闆的管理心太。
4) 公司未來發展模式。
5) 馬國10月的財政預算案。
6) 你把它當成長期投資還是炒股。
7) 產業是有價錢沒有市場。
要小心!那些叫你買入的人,往往他們都是炒家。