http://klse.i3investor.com/files/my/ptres/res27403.pdf

Potential M&A story Potential M&A story
• Trading activity is expected to be subdued amid weaker
sentiment. Based on our sensitivity analysis, each 5% drop
in average daily traded value would reduce FY15 earnings
by 1%.
• Nevertheless, TAE’s stockbroking franchise remains an
attractive M&A play given its strong retail presence (7% of
market volume as of Nov 2014). Consolidation among
brokers have been at 1.1 – 1.9x BV. Assuming a cash offer
for TAE at 1x BV of RM820m (as at Jan 2014) for the
broking and credit & lending business, that would work
out to RM0.48 per share. This can be returned to
shareholders via special dividends.
Unjustified discount to property arm Unjustified discount to property arm
• At current price, the market is assigning a 68% discount to
the value of TAE’s property segment. The discount is
unjustified, in our view, as a respectable hotel portfolio
and 7 acres of prime land banks remain at its helm via TA
Global.

good afternoon connie, how about stroke wave triple X tonight?

connie, i grab sikit sikit insas 76.5, mmode 39.5

good morning connie, mkt so red, later lunch i make u red red everywhere kikikiki

good day matrix, thanks, cabut too early on homeritz(0.845), pohuat (1.30), glad to grab big bucks from latitud, wish u super profitable year

Posted by matrixcool > Jan 5, 2015 05:38 PM | Report Abuse

Hi Connie, Sephiroth,how is 2015 to both of you?
Furniture stocks doing well, so Sephiroth should be happy.
Connie, waves working well in down turn market?

Happy Trading !

most furniture stk revenue in USD

connie, not easy, take a lot of patience to wait but still kenot break my pjdwc record buy 32 sell 110

cabut latitud 3.90, 1.70 til now, beh tahan gotta take profit

ekuinas's jewel kikikiki, so iconic

connie, can i taste yr twin tulips in the aquarium then my windmill gonna thrust thru yr.......

phew...luckily cabut ibhd 0.645 or else free holland trip liau

connie, yr 'oil' still abundant n uptrend kikikikiki

yes, bert, gonna be 50 soon

vivi yap, 6c6c only, maybe gonna grab 76-77

good afternoon connie. can i drink yr chinese t_t_
oil US 55.5 liau ringgit 3.54 liau

good morning connie, let's joyrun together n later joySIT yeah?

connie, sit n rate but i doubt u can say anything, u keep O-ing

Connie, do u wanna try my stick abilility instead of stickability

good morning goddess angel connie, tj,ct and all cc kakis, red new year huh? no worries, bottom fish sikit sikit every few days

cherry, did not buy fgv coz making 100m trading losses recently, div yield seems ok, gonna grab 2.00 n below

explosive round 1 profit from mkland bot 30 sold 51.5 (highest wet up to 56...haiz...) round 2 play 31.5 sold 33.5, still thinking whether wanna grab at current price, 2014 total div 4 sen vs share price 40 sen

2.00 liau kikikiki

thanks connie, hold ibhd for a month liau, how's barakah chart, felda bot at 1.30, they might average down

sayonara all ibhd(bot 53.5/61.5) at 64.5 kikikikiki

3:47pm: Indonesia search and rescue chief Henry Bambang Soelistyo says he is "95 per cent sure" that the debris found so far by search and rescue teams is from the missing AirAsia flight, announcing this in a live and ongoing press conference.

icon broke 71, many grab free trip to holland

good afternoon connie, i want yr mmsv , magical moisturizing smoothie va..... kikikiki

ibhd kikikikiki

good morning connie ... may i have the privilege to meet up with your assets upstairs n downstairs ??? :)

yup connie, controlling u from under

focus malaysia reported macc visited icon twice this month

good afternoon connie, beside jobst, there's another awesome 'job' for u later k

Good morning connie, I open the box n saw u and open further til.....

connie, just ride in n feel for yrself whether fully or extremely up

connie, seph have super strong 'firebird', wanna flame with me during lunch?

connie, today bursa half day izzit?

thanks evel, mkt will be very quiet to yr end, gonna grab l&g at 0.45-0.47, mmode again at 0.40-0.42

good morning connie, yr dad shd take food with low to medium glycemic index(very slowly converted to glucose)

https://images.search.yahoo.com/images/view;_ylt=AwrTcYReGppU69oAfSKJzbkF;_ylu=X3oDMTIycm9sZ3ZxBHNlYwNzcgRzbGsDaW1nBG9pZAMxN2MyMjQ5NGYxMzA2YzM3ZDdjODc4MzZjMjdiOTJiOARncG9zAzEEaXQDYmluZw--?.origin=&back=https%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3F_adv_prop%3Dimage%26va%3Dglycemic%2Bindex%2Bfood%2Blist%26fr%3Dyfp-t-325-s%26tab%3Dorganic%26ri%3D1&w=581&h=548&imgurl=www.lowgihealth.com.au%2Fwp-content%2Fuploads%2F2009%2F03%2FGlycemic-Index-Food-List1.png&rurl=http%3A%2F%2Fwww.lowgihealth.com.au%2Fglycemic-index-list-of-foods%2F&size=105.8KB&name=Low+%3Cb%3EGI%3C%2Fb%3E+%3Cb%3EFood%3C%2Fb%3E+%3Cb%3EList%3C%2Fb%3E+%E2%80%93+%3Cb%3EGlycemic+Index+Food+List%3C%2Fb%3E&p=glycemic+index+food+list&oid=17c22494f1306c37d7c87836c27b92b8&fr2=&fr=yfp-t-325-s&tt=Low+%3Cb%3EGI%3C%2Fb%3E+%3Cb%3EFood%3C%2Fb%3E+%3Cb%3EList%3C%2Fb%3E+%E2%80%93+%3Cb%3EGlycemic+Index+Food+List%3C%2Fb%3E&b=0&ni=200&no=1&ts=&tab=organic&sigr=11rpq8u31&sigb=13p82v6pn&sigi=12fob5upi&sigt=129epe7bf&sign=129epe7bf&.crumb=2QzWdSbOGcK&fr=yfp-t-325-s

btw, icon gave me 4.5 sen contra gain kikikiki, cabut first

connie, coz icon drop from 2.1X to 0.7X, margin of safety much higher and lth will definitely average down as they did in mid dec

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1826281

connie, i give u my 0.715 shares, then i will cook yr cookies(including 1 down south) to perfection

when mkt players(now on vacation) come back in Jan, will easily break 2.00

tm, eg not my cup of tea

connie, will taste yr front twin cookies soon enuf

thanks tm, connie, make 1 sen, loss 2 sen(round 1), aiya afterwards i go wash platse for side income kikikiki

connie, itchy itchy seph eat icon again at 0.715, cut loss at 0.69 kikikiki

connie, u can grab my accelerator and handbrake to drive sky high

good afternoon connie, yr EG(G) r much more fastastic

yummy l&g 50 liau kikikikiki

thanks tm, enjoy yr christmas to the max

let us pray for l&g back to 45-47 by this week

connie, i will cook u steaming hot