Posted by newbie2014 > 2017-07-12 06:58 | Report Abuse

Haha calvin tan, i notice u so desperate also now, even u resort to qeueing volumes to judge the direction of this stock. Do u belong to punter group of a kind? I think u profited a lot in muiind and dutaland, even gsb, now many of ur followers facing losses and in their 'jail' term. That's why less people can follow u here.

My losses in muiind still not been recovered yet and now i see u punt the shares one by one making huge profits when shares pushed up by ur followers who are willing to buy at higher prices than urs

Posted by Patron > 2017-07-12 09:49 | Report Abuse

sohai bring ppl go holland again. ahahah.

Posted by tslai38 > 2017-07-12 12:08 | Report Abuse

what i remember mca always criticizing selangor government helping talam company during past general elections,i think it could be opposition counter,and it alway move during that time

Posted by calvintaneng > 2017-07-13 21:58 |

Post removed.Why?

Posted by chongyo > 2017-07-15 10:39 | Report Abuse

High volume(80-90 mil) in the queue to buy at $0.04. Who could be the interested buyers ? Chan Ah Chye ?

Chan Ah Chye still have a contract to buy the 2nd tranche of 400mil share at $0.095 from WCE which contractually due in Aug 2017. Why should he honour the contract if he can buy from open market at much lower price ?

Posted by chongyo > 2017-07-15 10:48 | Report Abuse

Dear Calvin,

I like your analysis on talam. But the question remain why the share price remain at 50% discount from what CAC, the bigget shareholders, pay to acquire from WCE ?
Is it because investors are ignorant or is it something else?

Posted by newbie2014 > 2017-07-15 11:15 | Report Abuse

Now many property stocks with high nta, low share prices bcos ppl dont look good at near future earnings

For talam, may be right issue soon if keeps on losing every qtr

I think Calvin is good to bring up tanjung malim thriving opportunity and touch on surrounding likely developments like bukit beruntung

But, when he is too emphasize on it, its misleading the investors

Example, anyone knows port klang rite?
Many workers in port klang rite, do u think its surrounding properties that necessitate a 30min drive demanding? Telok panglima garang 30min to port klang, but dont see properties there sold high prices

Calvin keep quiet in muiind, dutaland, gsb, bjcorp after falling and his folowers facing losses.

I was once a follower of him in muiind that he related kkp divorce issue with asset disposals, and faced huge loss.

Posted by calvintaneng > 2017-07-15 11:18 | Report Abuse

Posted by chongyo > Jul 15, 2017 10:48 AM | Report Abuse

Dear Calvin,

I like your analysis on talam. But the question remain why the share price remain at 50% discount from what CAC, the bigget shareholders, pay to acquire from WCE ?
Is it because investors are ignorant or is it something else?


The one hidden agenda could be this.

Boss Chan will first buy up the majority stake from WCE. Only after securing more than 50% then only he will feel safe from any corporate raiders. After

After that the next step could be an MGO to take TalamT private

Posted by chongyo > 2017-07-15 15:59 | Report Abuse

I think when CAC finally take up all the remaining share from WCE at $0.095, he and parties acting in concert will hold just under 33% which is the 1st trigger level for MGO. Concluding the final block of share hold by WCE at $0.095 will not automatically lift the trading price.

CAC may only want to cross the trigger point some months or years later through private deal at low price (say $0.05). Consequently, the MGO offer could still be at low price too.
Anyone who knows the listing rules please offer your comment.

Posted by chongyo > 2017-07-15 16:02 | Report Abuse

I feel minority is always at the mercy of controlling shareholders even there is MGO.

Posted by radzi > 2017-07-17 09:05 | Report Abuse

Boss Chan will offer MGO of Talam at 1 sen per share because he has bought at 8 sen per share and he needs to cover his losses. Hahahahahahaaha

Posted by chongyo > 2017-07-17 20:32 | Report Abuse

Radzi, will you sell at $0.01 ?
I am most happy to buy from you 4 times higher price i.e. $0.04.

Posted by chongyo > 2017-07-17 20:33 | Report Abuse

Radzi, will you sell at $0.01 ?
I am most happy to buy from you 4 times higher price i.e. $0.04.

Posted by calvintaneng > 2017-07-19 11:57 | Report Abuse

Very strong queue at ten times more buyers than sellers.

And no wonder.

Warren Buffet said he is positive when owners and insiders use their own monies to buy up Company shares.

Big turnaround is in store for TalamT

Posted by apolloang > 2017-07-19 12:31 | Report Abuse

no news about butaland? new low datuk calvin

Posted by newbie2014 > 2017-07-19 19:13 | Report Abuse

And tan sri calvin, muiind no more asset disposal? 28sen high buy till 18sen as at today closing, how many percent losing

Posted by hom3boy > 2017-07-19 22:09 | Report Abuse

where can iget the shareholder list? any recommend website

Posted by WY Chan > 2017-07-23 01:32 | Report Abuse

tilam lama

Posted by Karlocs > 2017-07-24 01:14 | Report Abuse

Kuih Talam belum masak lagi......

Posted by calvintaneng > 2017-07-24 16:11 | Report Abuse

Talam Transforming powerfully!!!

Posted by skyinsane > 2017-07-24 16:34 | Report Abuse

lai liao!lai liao!kuih talam sudah mau masak! ^_^

Posted by chongyo > 2017-07-24 21:35 | Report Abuse

seem something is boiling ?

Posted by calvintaneng > 2017-07-24 23:53 | Report Abuse

Yes,
Latest news update shows that Proton has a total of over 250 vendors.

All these vendors must improve their products and raise their standards for meeting export requirement of Vovlo and Lynk O1 cars.

So many new factories will cause boom all over Tg Malim to Bkt Beruntung of TalamT

Posted by chongyo > 2017-07-25 06:44 | Report Abuse

Without Proton City's lure, Talam by itself seem very interesting too.
I am half way thru' vetting past few years financial accounts and details of various land/share transactions. I shall share with all of you once my homework is done in a short while.

Posted by cheng4898 > 2017-07-27 16:36 | Report Abuse

Lai liao

Posted by A867986 > 2017-07-27 16:42 | Report Abuse

please check back history 2013-2014
,i agree now have pontential......history will always repeat !

Posted by tslai38 > 2017-07-27 16:58 | Report Abuse

coming?

Posted by calvintaneng > 2017-07-27 17:08 | Report Abuse

Whoa!

Calvin and Johor buddies already made enough for a life time of free Talam kueh! So good!

Last round Calvin and Johor buddies made enough for a life time of Tudor Gold chocolates from Pm Corp!

VERY GOOD!!!

Posted by joetay > 2017-07-27 17:17 | Report Abuse

wait for 1 yr and finally start moving.

Posted by CrapTree > 2017-07-27 17:46 | Report Abuse

true potential.... wakakaka

Posted by regi06 > 2017-07-27 17:49 | Report Abuse

Looking good :)

Posted by chongyo > 2017-07-27 21:23 | Report Abuse

After spending some time to research this stock, I find that the potential of this stock is great!

My common sense is simple :

Boss Chan has bought 20%+ of the company at average $0.09+ in the recent few years and he is going to buy the remaining 10%+ of the company from WCE at $0.095(contract due in mid Aug 2017), thus making him controlling just under 33% of the company. Isn't Boss Chan know the value of the company better than all of us, the minority investors ? Boss Chan can not be a fool to overpay for a deal that should rightly be "a favour".

Talam is the only business left for Boss Chan ( after the cash flow disaster that caused his empire collapse). He definitely has to make it good. He definitely has learnt the very bitter lesson.

I suspect he may trigger MGO after completing the remaining stake acquisition from WCE which is making up close to the 33% limit triggering MGO.

Posted by chongyo > 2017-07-27 21:29 | Report Abuse

This seriously undervalued counter just need one or two quarters of profit to trigger a "bull run".
As i am analysing the financial reports of this counter, i see that to turn in profit is very very simple for this company.

Posted by calvintaneng > 2017-07-28 08:28 | Report Abuse

Good morning guys,
Just finished having a nice breakfast in my hotel now in booming Iskandar.

Ha! Breakfast got full grain bread, roti canai, nasi lemak, vegetable, fried noodle, boiled noodle soup, fishball, fruit, salad, coffee, tea, milk and fruit juice.

Also got kuen merah, cakes, rice dumplig and kueh talam.

KUET TALAM?
Hmmm!
Made more delicious by virtue of my gains from TalamT share price rise.

Hold tight tight now for these reasons:

1. Selling at deep discount to Nta
2. Talam Boss buying at 9 sen gives firm support
3. BEST REASON OF ALL. LI SHUFU COMING BIG TIME INTO TG MALIM WILL PROPEL TALAM'S LAND VALUES IN BKT BERUNTUNG AND BKT SENTOSA.

SURE THINGS!

No guesswork or rocket science needed.

Posted by CrapTree > 2017-07-28 15:39 | Report Abuse

kikikiki.... heard the donkey word long long time... with s466466 buried....

now calvin will get a shot and long lost after 6 months.... wakakakaka

Posted by chongyo > 2017-07-28 20:07 | Report Abuse

Agreed with Calvin to hold. TP $0.30 long term, $0.15 short term.

Do you know why Talam lost money in year 2015, 2016 and 2017 ? Huge loss in 2015 especially. It is largely due to provision for impairment to land, property development cost and receivables

I found this very interesting "secret" in the 2017 financial reports :

Page 87 - Accumulated impairtment loss on land held for property development is whopping $265.086 million. How logical it is the price of land acquired in the 90s" early 20s' need to be hugely depreciate ? I can not believe that land value can go down this way !

Page 90 - Investment property net book value as at 31 Jan 2017 is $96.676 million which is shown in 2017's balance sheet. It is also mentioned that the fair value of the investment property is $193.928 million. The fair value gain is about $97 million ($193.928 less $96.676) and is not reflected in balance sheet and P&L. Shouldn't it be reflected for the same reason the property is impaired ? very strange.

Page 108 : Impairment on trade and other receivable is $6.098 million . It is done on receivable more than 121 days category ! very stringent policy. Good.

Page 111 ; Impairment on Other receivable is $98.464 million. Very significant amount and seem unreasonable.

All above is only provision for Impairment and can be reversed ! You only need to reverse part of all these impairments quarter by quarter, the company will see profit for many quarters.

It is truly a "hidden gem".

Any professional accountant in this forum pls feel free to comment.

Posted by chongyo > 2017-07-28 20:13 | Report Abuse

Although NTA per 2017 financial account is $0.10 per share, CAC is buying the share from WCE at $0.09.
Know you see why CAC is happy to pay $0.09 for a property company with NTA $0.10 .
If it is not for the reason that Talam actually worth a lot more, he must well buy share of many other property counters which is trading at 0.5 - 0.3 X book value !

Posted by smallvestor > 2017-07-31 09:58 | Report Abuse

chongyo, I share your sentiments that it is not difficult for CAC to trigger a "bull run" by showing a few quarters of profit and thus make huge quick profits rather than going through the tedious job of taking the company private or an mgo.
There was a rumour some time ago that the company had initiated some moves through friendly parties to convert the commercial lots to industrial lots thus creating a huge demand for houses. This if effected through the movement of Geely/Proton vendors and workers and maybe in concert with a reliable developer will be the stimulus needed for Talamt. And as you rightly pointed out impairment provisions can be reversed.

Posted by WY Chan > 2017-07-31 11:41 | Report Abuse

we got all the analyst... reading n reading n reading....

but rest assured of this tilam lama

Posted by chongyo > 2017-07-31 20:05 | Report Abuse

WY Chan, You seem on denial mode on our factual analysis. I guess you must have suffered huge losses before by dumping your share too earlier.

Just in case you still hold any, pls key in sell orders at 5 cents for any volume. I assure you that it will all be taken up by the end of the day. This is the best way to get rid of Tilam Lama that you dislike so much.

Posted by chongyo > 2017-07-31 20:36 | Report Abuse

Let me share with you the stimulus in store that may trigger " bull run" on this stock one by one. This is factual from published report to Bursa . I can not lie to you. ( WY Chan : pls don't buy).

Talam's announcement to Bursa on 5th Jan 2017 on proposed disposal of 85% equity in Jilin Province Maxcourt Hotel (JPMH)
The disposal is for RMB 84.66 million in cash. In the detail of the proposed disposal, it is also reported that the Purchaser will additionally guarantee full payment to all debts owed by JPMH including RMB 82,108,396.48 owing to the Vendor (which is wholly owned subsidiary of Talam) and RMB 3,820,610 owing to Talam directly.

That means, Talam will receive RMB 84.66 mil + RMB 82.11 mil +RMB 3.82 mil = RMB 170.59 mil. Base on exchange rate of RM 1.00=RMB1.52, Talam will receive RM112.21 mil cash.

This proceed will be enough to repay all the outstanding bank loan of about RM99 mil as at 31 Apr 2017 ( pls check the published financial report). Talam hence will be debt free !

In the announcement to Bursa on 5th Jan 2017, it is also mentioned that the proposed disposal is expected to result in a net gain on disposal of approximately RM47.78 million.

It is reported in the Financial report ended 30 April 2017 ( page 11) that Bureau of Econimic Cooperation of PRC has approved the transaction . The completion is pending approval of the Trade and Industry of Jilin Province.

Posted by smallvestor > 2017-08-01 21:13 | Report Abuse

chongyo, well done.

Posted by chongyo > 2017-08-01 23:30 | Report Abuse

Despite that, Talam is still hasn't excite investors or speculator. I am accumulating at $0.05 .

Posted by chongyo > 2017-08-02 20:51 | Report Abuse

Very few seller at 5 cents ? Where have the sellers gone ! I have been waiting to accumulate enough at 5 cents.

Posted by WY Chan > 2017-08-02 22:27 | Report Abuse

ello.... tell me again when 11 sen.....

wakaka.....

Posted by tslai38 > 2017-08-03 09:50 | Report Abuse

before comming general election,

Posted by CrapTree > 2017-08-03 16:30 | Report Abuse

lausai.... wakakaka

Posted by cheong3288 > 2017-08-04 16:56 | Report Abuse

THIS company, has many land assets but does not give divided, does not have profit, does not have good projects.
why would it go up? unless it is speculated....or selling their land..

Posted by chongyo > 2017-08-04 19:31 | Report Abuse

Hi Cheong3288, For this you may have to take some time to study the background and more importantly recent years development surrounding WCE and Talam.

Talam is a subsidiary of Kumpulan Europlas (now renamed as West Coast Expressway Bhd, WCE). The controlling shareholder (i.e. CAC) /the company was over-expanded and over-leveraged in the early years and resulted a plunge . The KEuro/Talam bite the bullet and roped in IJM and others to provide financial lifelines and resorted to selling a lot of valuable assets to pare down RM billions of debts. The valuable asset sold include West Coast Highway concession and 1,800 acres of prime Rimbayu development and many more.

In recent few years , Talam has successfully resolved the heavy debt burden . Total bank borrowing as it stand is less than RM90+ mil. Upon completion of 2 more on-going assets disposal (one of which is Jilin hotel which I have discussed in my last posting), Talam will be debt free and more forward.

As I mentioned, Talam was a subsidiary of WCE. CAC , because of his financial incapability, was "forced" to dispose his valuable stake in WCE to IJM , MWE and Pang of Mamee who now collectively control about 60% of WCE. In return, WCE is selling all the stake in Talam back to CAC at 11 cents in the initial agreement signed in 2014 (?) and the agreement price is subsequently revised down to 9 cents and sold to CAC in about 2 equal tranches. The 9 cents deal, purportedly to "help" CAC. CAC has taken up the 1st tranche and the 2nd tranche is due to be taken up in mid-Aug 2017.

Is CAC so naïve to buy back Talam from WCE at 9 cents if the company doesn't worth that much ? I believe Talam should worth much more as WCE suppose to return "favour" to CAC at discounted price who sold valuable assets for a song to the controlling shareholders of WCE (ie. IJM, MWE and Pang).

Huge impairment on land assets and receivable in the tune of hundreds of million were made in the past 3 years ( pls read my earlier posting) . The impairment has resulted huge losses in the book (the loss are not from operations) and the impairment has also adjusted the NTA of Talam that tied in to the 9 cents price WCE selling Talam to CAC. WCE can not be seen selling Talam below NTA and the below share trading price of Talam because WCE has minority shareholders to answer to. Therefore the recent years impairment losses and the depressed share price of Talam is not a surprise at least until CAC take up the 2nd tranche of the Talam share by mid Aug 2017 if no dateline extension is granted to CAC.

You have to read between the line why certain thing happen that way.

Hope that answer you.

Stay tune for more fact why Talam worths a lot more.

Posted by CrapTree > 2017-08-07 12:01 | Report Abuse

wow.....