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

momotrader

111 posts

Posted by momotrader > 2018-01-11 10:39 | Report Abuse

open market has 24.7437%
who's selling when datuk keep buying.
lol.

Pak Andak

896 posts

Posted by Pak Andak > 2018-01-11 10:41 | Report Abuse

Posted by Lele > Jan 10, 2018 07:22 PM | Report Abuse

The disposal of the land in Australia by TAGB will increases there profit and cash flow.

However the profit is increased for TA but not the cash flow.

Positive...

chang24

157 posts

Posted by chang24 > 2018-01-11 11:53 | Report Abuse

Outlook is positive but market still selling to TT...

momotrader

111 posts

Posted by momotrader > 2018-01-11 14:58 | Report Abuse

yea, do not understand the selling.
need to know why "they" keep selling.
internal changing hands?

villa1668

1,236 posts

Posted by villa1668 > 2018-01-11 21:01 | Report Abuse

Apparently Datuk acquired this afternoon, expected will acquire again tomorrow

momotrader

111 posts

Posted by momotrader > 2018-01-12 10:55 | Report Abuse

maybe he wants to privatise it.
(1) keep buying.
(2) undervalued

relist somewhere else that can fully reflect it's true value

Sharewitch

167 posts

Posted by Sharewitch > 2018-01-12 13:06 | Report Abuse

If he doesn't buy the share won't move at all..haha

momotrader

111 posts

Posted by momotrader > 2018-01-12 16:18 | Report Abuse

hahaa. seems like it.
I wonder when he wants to push above 0.40
it would be better for CNY.
he meet his relatives, can show off, say stock price higher.
can boast!

chang24

157 posts

Posted by chang24 > 2018-01-12 17:04 | Report Abuse

Haha... Like that also can show off ah?

Lele

523 posts

Posted by Lele > 2018-01-12 17:30 | Report Abuse

Yalo more than 7 years already still below par value ( RM0.50 ) malu lah, hihihi.

luckypunting

1,930 posts

Posted by luckypunting > 2018-01-12 17:57 | Report Abuse

His relatives must be teasing him :p

Posted by hopetobecorrect > 2018-01-12 18:14 | Report Abuse

If his relatives really follow Tony invest in TAGB, they must be cursing him from behind. As Lele mentioned above after 7years still below par.

Lele

523 posts

Posted by Lele > 2018-01-12 18:25 | Report Abuse

Tony Tiah acquired from the open market

Total no of securities ( as at 12th Jan 2018 )

a ) For TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2778393

b ) For TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 10.006% / 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 75.3107% ( Balance in the open market is 24.6893% / 1,313,964,550 units )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2821789

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2821790

Lele

523 posts

Posted by Lele > 2018-01-13 17:16 | Report Abuse

The following are comments by the public on TA and TAGB : -

1) 如今TA是目前剩下不多的獨立證券行,已成為了老人股票行的代名詞,現在的市佔率連5%都不到,沒有大銀行作後台,不能幫公司搞上市,附加股之類的企業活動。雖屬日落西山的行業,但淨利還滿穩定的,平均每年提供100m以上的淨利。

http://www.sharetisfy.com/2016/11/ta-4898-ta-tagb.html?m=1

2) 達全球是家定位頗具特色的地產公司,其業務主要可分成3大部份,分別是經營酒店,產業發展和產業投資(辦公樓),該公司的產業組合遍布多國,專攻高檔市場,多年經營助該公司累積了許多價值不菲的高創造力資產,成為名副其實的“包租王”。

http://www.sinchew.com.my/node/1669999

momotrader

111 posts

Posted by momotrader > 2018-01-15 10:36 | Report Abuse

if i am correct.
today will touch .39
Let's see closing will be above .39

luckypunting

1,930 posts

Posted by luckypunting > 2018-01-15 11:11 | Report Abuse

not sure about today, but hopefully this week the uptrend resume

technically, it is beautifully poised :p

momotrader

111 posts

Posted by momotrader > 2018-01-15 17:17 | Report Abuse

today's action only reveal to me that only datuk tiah is buying and trading with this counter.
no one else is looking at it at this price.

chang24

157 posts

Posted by chang24 > 2018-01-15 17:29 | Report Abuse

That's why d price remain so low... Aiyo...

Lele

523 posts

Posted by Lele > 2018-01-15 18:03 | Report Abuse

Because of TT got a bad reputation.

momotrader

111 posts

Posted by momotrader > 2018-01-15 18:16 | Report Abuse

the son needs to take over and revamp it

singh1

1,008 posts

Posted by singh1 > 2018-01-15 21:22 | Report Abuse

Hope to see it at 45 sen by end Feb.

villa1668

1,236 posts

Posted by villa1668 > 2018-01-15 22:21 | Report Abuse

Year end 0.50 :)

momotrader

111 posts

Posted by momotrader > 2018-01-16 10:34 | Report Abuse

i hope he privatise it

luckypunting

1,930 posts

Posted by luckypunting > 2018-01-16 18:55 | Report Abuse

pretty strong support @0.38 :p

singh1

1,008 posts

Posted by singh1 > 2018-01-16 21:46 | Report Abuse

momo It is actually quite easy for TA to take it private. If they offer 55 sen each, it would cost about RM 1.2 B , which is not much. I would prefer they offer a 1:1 Reit at a low offer price of 10 sen each. In that way TAGB can raise RM500M + to further reduce debt or fund and operate more hotels. Debt is currently being reduced from about 2.5B to about 1.9B with proceeds from little bay sale. I see interesting times ahead.

virgogo

141 posts

Posted by virgogo > 2018-01-16 23:01 | Report Abuse

Look at net debt

virgogo

141 posts

Posted by virgogo > 2018-01-16 23:03 | Report Abuse

Net debt will be even much lower if company liquidate the investment securities n convert to cash

singh1

1,008 posts

Posted by singh1 > 2018-01-16 23:51 | Report Abuse

Very good assets. Tagb is a diamond in the rough. Polish it and it shall shine brilliantly. The low price is making the investment community at large not notice it. When it does rise higher which should happen over the next two quarterly results, it is going to be too late for many. The horse would have left. I have invested bigly in TA as it gives me both with just one investment. (2 birds with one stone). Every TA share holds 1.8 Tagb shares by virtue of it's 60 % stake. Surprisingly that is TA share price. 0.38 x 1.8 = 0.685 The rest of TA is absolutely FREE !!

momotrader

111 posts

Posted by momotrader > 2018-01-17 10:21 | Report Abuse

hi @singh1 could you kindly explain further
"Every TA share holds 1.8 Tagb shares by virtue of it's 60 % stake. Surprisingly that is TA share price. 0.38 x 1.8 = 0.685 The rest of TA is absolutely FREE !!"

Thanks!

singh1

1,008 posts

Posted by singh1 > 2018-01-17 11:25 | Report Abuse

momo Here are the numbers. Tagb total number of shares = 5,322,000,000 or 5.322B
TA owns 60.1748% of Tagb. That is 3,202,000,000 or 3.202B shares
TA total number of shares = 1,712,000,000 or 1.712B shares
Shares of Tagb that TA owns divided by total number of TA shares is
3,202,000,000 / 1,712,000,000 = 1.87
So for every TA share that you own, it owns 1.87 Tagb shares.
So if Tagb is at 38 sen then 1.87 x 0.38 = 0.71 or 71 sen
There you see !!
TA Enterprise is selling for less than what it owns of Tagb. The rest of TA enterprise is
absolutely free for investors. Hard to believe but absolutely true.
That is the reason I sold all my Tagb shares and bought TA Enterprise.
If you are still not sure, I encourage you to contact TA Enterprise and ask them if the above
calculation is true or not.
If anyone still don't agree, tell me why.

Posted by Lukesharewalker > 2018-01-17 12:29 | Report Abuse

Might retrace to 35....

momotrader

111 posts

Posted by momotrader > 2018-01-17 14:46 | Report Abuse

thanks @singh1 for the explanation
I will read up on their annual and quarter reports.

@lukesharewalker why?

Posted by Lukesharewalker > 2018-01-17 17:31 | Report Abuse

Consolidation...if owner don't buy..it won't go up hence move down

Lele

523 posts

Posted by Lele > 2018-01-17 18:08 | Report Abuse

The Board of Directors of TA Global Berhad (“TAG”) wishes to announce that its public shareholding spread of 24.76% based on Records of Depositors as at 29 December 2017 is not in compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR of Bursa Securities.

The percentage represents a shortfall of 0.24% from the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders.

TAG will be applying to Bursa Securities to seek approval for lower level of public shareholding spread and/or an extension of time to address the shortfall in the public shareholding spread, vis-à-vis current prevailing market conditions.

This announcement is dated 17 January 2018.

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2822734

Lele

523 posts

Posted by Lele > 2018-01-17 18:40 | Report Abuse

Tony Tiah acquired from the open market

Total no of securities ( as at 17th Jan 2018 )

a ) For TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2778393

b ) For TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 10.044% / 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 75.3487% ( Balance in the open market is 24.6513% )

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2822675

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2822677

luckypunting

1,930 posts

Posted by luckypunting > 2018-01-17 18:43 | Report Abuse

private placement or privatize coming?

villa1668

1,236 posts

Posted by villa1668 > 2018-01-17 19:15 | Report Abuse

TA Enterprise buy all the TAGB shares since public not interested it?

singh1

1,008 posts

Posted by singh1 > 2018-01-17 19:55 | Report Abuse

This is a very very interesting development. Need to have at least 25% in the open market.

singh1

1,008 posts

Posted by singh1 > 2018-01-17 19:55 | Report Abuse

Does this mean Tony will stop buying.

singh1

1,008 posts

Posted by singh1 > 2018-01-17 20:07 | Report Abuse

Lukesharewalker made a good point. Tony don't buy, maybe share price comes down. Let's see.

villa1668

1,236 posts

Posted by villa1668 > 2018-01-17 20:10 | Report Abuse

Tony should know the rule and regulations that public need to hold at least 25% from the beginning. Believe Tony will continue to buy TAGB shares, and maybe he have other plans.

virgogo

141 posts

Posted by virgogo > 2018-01-17 20:31 | Report Abuse

Tony is fully aware that the public spread will fall below 25% at end of December. He continued to buy this month knowing very well that he has to seek bursa approval. He has a plan. Hope is good for share price

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-01-17 20:52 | Report Abuse

during the most unexpected thing will happen. ha.....

villa1668

1,236 posts

Posted by villa1668 > 2018-01-17 21:22 | Report Abuse

Another method to increase the shareholding spread to above 25%

Instead of declare dividend per share, probably company can issue more shares and pay to existing shareholders.

villa1668

1,236 posts

Posted by villa1668 > 2018-01-17 21:25 | Report Abuse

Wondering whether TA can give free TAGB shares to their shareholders as dividend to increase TAGB shareholding spread to above 25%?

villa1668

1,236 posts

Posted by villa1668 > 2018-01-17 21:29 | Report Abuse

Another possibility.

TA enterprise intends to dispose some TAGB shares to institutions.

luckypunting

1,930 posts

Posted by luckypunting > 2018-01-17 23:45 | Report Abuse

most likely TA will dispose 5-10% TAGB share to Instituition Funds once it up to certain price

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