If the boss keep on buying and the company's shares are worth very much more than the market price , all investors should follow the boss . Those who have a lot of money in bank can follow the boss . The share price dropped from around 0.55 in NOVEMBER 2009 to around 0.20 .now the company's projects have started and the company is making profit for last few quarters and is expected to make more profit in the next few years . For a company with few billions shares , if all retail shareholders own a billion shares , and the boss push up 50 sen in a short period , then the boss and goreng Kaki will suffer a huge loss . So when the price is low , they won't push up a lot . Just like HUAAN , HENGYUAN , PETRONM , the price up and down very fast .
TAGB has shares issued of more than 5 billions , assuming 1 billion shares still in the hands of retail buyers , if the share price is pushed up 20 sen within a month from 0.35 , and all retail shareholders sell the shares to the sharks , the sharks will have to pay out additional 200 millions . So they will quietly and slowly accumulate until the time has come or they have no choice but have to push up the share price .
Similar scenario can be seen on other counters . HUAAN has been quite for few years . Thin daily volume traded daily . Its shares changed hands from weaker retail buyers to them . When good news come , the share price will shoot up . Same for HWGB which was traded with thin Volume in year 2009 and before , When good news or rumors spread out , the share price shot up from 20 sen to 1.00 within few months or a year only ..
That's the reason for share price's non movement in the past few years. 2017 was slightly better after Trump's victory in 2016 but still up for 10+ sen only. Their fundamentals are improving with new CEO on board since 2016. It's all about timing and we shall see.
Price at 0.38 now, technically bullish uptrend is formed, not sure how long it will run .... last round Q3/Q4 started the run and it hit almost 100% :P
The most important thing is to see how Datuk Tony Tiah will give back to the small shareholders. If Tony doesn't give it to you there's nothing you can do about it.
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.9159% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
While waiting for its 'movement' can watch the video on Trump International Vancouver winning 5 awards in Best International Hotel Architecture Award held in London, UK recently.
"On behalf of the Board, TA Securities wishes to announce that the Disposal has been completed on 10 January 2018 in accordance with the terms and conditions of the Contract."
Company gearing improved, additional interest saved turn into profit.
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.9516% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
*** Total no of securities for TA + Datuk Tiah families is 75.2563% ( Balance in the open market is 24.7437% / 1,316,859,700 units )
After the land sales and repayment of borrowing, TAGB will save around RM 17m interest yearly, that is extra RM 17m net profit, so I guess both TAGB and TA will benefit from it. Plus, the Ringgit is appreciating lately, it will even help more.
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Posted by Lele > 2017-12-22 13:18 | Report Abuse
Last year's profit was the highest ever, but the dividend payout was very low.
Date Announced / Final Dividend ( % )
1) 14th May 2010 ~ 0.3%
2) 20th May 2011 ~ 1.76%
3) 31th May 2012 ~ 1.8%
4) 28th May 2013 ~ 1.2%
5) 16th May 2014 ~ 1.5%
6) 29th May 2015 ~ 2%
7) 25th Apr 2016 ~ 0.5%
8) 19th Apr 2017 ~ 0.8%