next few days if can stay above 0.355, short term can test 0.40 resistance ...

This counter may be need to wait till next year Feb only can see something .... with all the planning and execution, need time to settle down and see whether it will work or not ... @.@

Wow! Gap up!

someone need money from him, and he needs to deliver from share market? :p

Wow! The master deal maker is back to the board

coming 12-18 months, additional 5m will be spent for herbal farming activities

oh ... now 0.25 ...

edging up steadily towards SIX RINGGIT! :p

In the Budget also announced that the government will provide a grant of RM245 million under the Domestic Investment Strategic Fund to upgrade smart manufacturing facilities.

A sum of RM150 million was also announced to provide to investment agencies such as Matrade, MIDA and SME Corp to implement promotional programmes and expand export markets including for market development grants.

Budget 2018 allocates RM200m to SMEs for training programmes, grants and soft loans under the SME Corp

Budget 2018:

Agricultural economy

Najib outlined benefits of about RM6.5 billion for farmers, fishermen, smallholders and rubber tappers. Voters from the agricultural sector have a higher weighting than their work, which contributes to less than a tenth of gross domestic product. Allocations include money for fertilizers, irrigation systems and replanting programs.

Budget 2018:
Tax incentives for new four- and five-star hotel investments extended until Dec 31, 2020

Is it too many capital expenditure for expansion in very short time? Cash outflow too much?

diam diam up?

wah ... esos again ... durian runtuh? :P

Hope engine can start next Monday 30-Oct, after budget announcement ... :p

Share price is purely decided by revenue+profit, revenue+profit & revenue+profit :p ... very simple ... keep the cash flow growing + 0 debt will give extra boost as well :p

Let's see how MD execute the plan, he knows this better than anyone else

BV = 0.87, give another 30% discount, 0.60 is probably safer? :p

"Notion has adequate insurance coverage - RM350 million for property damage, RM217 million for business interruption up to 18 months. Preliminary estimate of the loss is about RM150 to 200 million. Once we gain access to the site we shall be able to assess the extent of damage and provide a more accurate estimate of loss.

Meanwhile, Notion is ordering and sourcing for emergency replacement CNCs and quality control equipment. The Company will discuss with customers’ team, on Notion’s current stock of Finished Goods, availability of spare CNCs, spare factory space and possibility of either renting or buying any existing CNC s that can help Notion recover faster."

...above emergency restoration probably need 1-2 months to stabilize...can help half the damage after that ... profit sure got hit but at least has built the safer net .... now is to judge at what price range is considered the base for recovery :P (classic example of risk and opportunity)

Can the profit expectation be delivered?

1) Wah Seong expects to perform better in FY17, saying its order book “remains healthy” at RM3.7 billion, with RM3.5 billion for O&G, RM231.1 million for renewable energy, and RM40.9 million for industrial trading and services

2) Average of net margin from 2006 to 2014 is 4.07% (lower band of 2.xx to upper band of 6.xx). If taking the conservative 2.00% net margin, RM3.7b order book translate to RM 74m, about EPS=9.5?

3) Taking 15xPE, 9.5x15 = 142, potential value for share price =1.42 (much room for upside from current 0.935, >50%)

http://www.klsescreener.com/v2/news/view/275257/wah-seong-posts-profitable-2q-on-improved-o-g-contribution

another stress testing next week before budget announcement :p

today suddenly have some buying interest ... hmmm ...

IPO price is 0.20, right? :p

Vision:
As a regional health supplement group to improve the total well-being of people in through innovation culture, and the adoption of technology and best practices in research, products and human capital development.

Mission:
To increase the breadth and depth of our integrated business model by capitalizing on emerging opportunities and being risk-sensitive.

though is overvalue and future earning already priced in ... funny thing is no one want to sell down 0.255 .... BV = 0.12, NTA = 0.15, so fair value shud be around 0.12 to - 0.15 .... sell? :p

parking parking :p

Franchise:
http://constant.com.my/franchise

Next year expect to double the outlets

Anyone want to clear the 0.26 :p

if the price stabilize and side way around 1.00 -1.10 then can consider the strong base ... Owner & MD, Mr TEH Kiak Seng start collecting so he himself is also seeing some value at this level :p

Quarterly profit of 20m (EPS = 4.66) shud be able to average out for full year. Estimate FY EPS = 18.64, with Div payout ration 38%, expects 0.07 dividend......applying x10PE, share price could value at 1.86 (compare to now 1.10 more room for uptrend?? :p)

So long no new launching due to slow market sentiments, lately only launched Pearl Saujana, probably can boost the Sales Revenue later...

The Group achieved an average take-up rate of 78.7% for its ongoing projects, with a total Gross Development Value of RM1.58 billion; and unbilled sales of approximately RM132.78 million. These should contribute positively to the Group’s earnings for the next two to three years. (net margin of 32%, translate to estimate unbilled profit of RM 42.47m, hopefully can cover for 2H2017)

Looks like RHB founder is also collecting the stock :p

PROPOSED DISPOSAL OF DEVELOPMENT PROPERTY LOCATED IN LITTLE BAY:

- AUD180 million bank borrowings will be utilised to repay the following bank borrowings to reduce the Group’s total bank borrowings of more than RM2 billion as at 30 September 2017
- The Group anticipates an interest saving of approximately AUD5.33 million (approximately RM17.64 million) per annum pursuant to the above repayments.

That is about additional EPS=0.33 annually

Hope some of that could translate into Dividend.... :p

TAGB upcoming commercial development in the pipeline that add on to current property portpolio for recurring income:

1) MIXED COMMERCIAL DEVELOPMENT OPPOSITE KLCC
A propsed integrated high-end commercial development consisting of two towers is located directly opposite the world-renowned Petronas Twin Towers. This project includes a luxury hotel, service residences and an upscale retail podium, which will be linked to out existing Menara TA One.
- 1 Hotel
- 1 Service Residence
- 1 Shopping podium

2) MIXED COMMERCIAL, BUKIT BINTANG
Consisting of a 5-star hotel, fashionable luxury residences, a Grade A office tower, and a lifestyle podium with alfresco F&B outlets, a banquet hall and boutique shops, this mixed commercial development sits on 3.3 acres of prime freehold land in Kuala Lumpur’s Golden Triangle
- 1 Hotel
- 1 Office Tower
- 1 Shopping podium with F&B Outlets / Boutique Shops

http://www.theedgemarkets.com/article/cash-injection-sovereign-funds-including-khazanah-target-healthcare?type=malaysia

Thanks villa1668 for the additional info :p

TAGB currently has:
2 Corporate Offices:
- Menara TA One (near KLCC)
- FortisBC Centre (Vancouer, CA)

7 Hotels (mostly International)
- Radisson Blu Plaza (Sydney, AU)
- The Westin Melbourne (Melbourne, AU)
- Aava Whistler Hotel (Whistler, CA)
- Swissotel Merchant Court (Singapore)
- Swissotel Kunshan (Kunshan, CN)
- Movenpick Resport & SPA (Phuket, TH)
- Trump Intl Hotel & Tower (Vancouer, CA)


IOIPG currently has (mostly local):
5 Corporate Offices:
- PFCC (Puchong)
- IOI Boulevard (Puchong)
- IOI Business Park (Puchong)
- IOI City Towers (Putrajaya)
- IOI Square (Putrajaya)

4 Hotels:
- Marriott Hotel (Putrajaya)
- Palm Garden Hotel (Putrajaya)
- Le Meridien (Putrajaya)
- Four Points (Puchong)

3 Shopping Mallas
- IOI City Mall (Putrajaya)
- IOI Mall (Puchong)
- IOI Mall (Kulai)

1 Golf Club
- Palm Garden Golf Club (Putrajaya)


TAGB currently has few future developments to increase its portfolio in Hotels, Offices and Shopping Mall ... :p

Yearly Profit (RM '000):
Y2015 = 6,793
Y2016 = 8,828 (30% increased)

Applying same 30% YoY increase:
Y2017 estimates = 11,476
EPS = 1.42, multiply with current PE = 26.85, share price could go up to 0.38 ?? (similar to CIMB Analyst TP)

By comparison, the nearest with similar number of share 5.x billion shares and similar business model, will be IOIPG

IOIPG
Shares = 5.5b
PE = 11.96
DivYield% = 3.17
Gearing = 1.34
Margin = 22
Biz = Property Development, Hotel, Office, Shopping Mall, Leisure

TAGB
Shares = 5.3b
PE = 7.35
DivYield% = +- 1.0
Gearing = 1.75
Margin = 33.73
Biz = Property Development, Hotel, Office

1) TAGB has better profit margin, lower PE which should be able to sustain share price uptrend
2) TAGB should improve on their Dividend payout to attract more instituition funds
3) TAGB should explore Shopping Mall development at prime location for more rental income
4) TAGB should bring down the gearing on par with IOIPG at least

or the other better move is to improve on the Dividend pay, then these major shareholders will be earning pretty handsome residual income :p

Delist?

NTA = 0.57
BV = 0.58

If they were willing to pay the above price NOW, looks good :D

then someone has collected on the dip :D

volume went in within short time then stopped .... someone is collecting :D

May be UOB want to collect :p

Ha, it pushed down to 4.07 ....

many investment funds want to buy .... sure will push down it to 4.00 - 4.10 and collect :p

Road to the Six Ringgit! :p

..... tomorrow continue parking :p

Bioalpha now convert Constant Pharmacy Store into franchise biz model .... what is the start up fee and how much Bioalpha earn?

next week continue parking :p

banker flushing ppl out :p

car parking rate RM 5/hour, expensive wor :D