TA ENTERPRISE BHD

KLSE (MYR): TA (4898)

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Last Price

0.655

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


8 people like this.

7,616 comment(s). Last comment by Scylla 2021-03-27 13:22

Posted by 真有钱 ^_^ > 2017-11-20 19:43 | Report Abuse

Even Q3 result is good the share price will not go up, but result is negative prepare price go down.
lousy betul.

super888

517 posts

Posted by super888 > 2017-11-21 07:23 | Report Abuse

will drop to 0.50 again !!!!!!!!

JinAurora

401 posts

Posted by JinAurora > 2017-11-21 10:48 | Report Abuse

now not only this counter drop, others also.. all are in panic now.

JinAurora

401 posts

Posted by JinAurora > 2017-11-21 15:29 | Report Abuse

Should be this round already. Big player very happy to collect alot :D

singh1

1,008 posts

Posted by singh1 > 2017-11-24 20:53 | Report Abuse

Recently Gomen announce freeze on luxury properties, shopping malls etc effective Nov 01. Property counters not doing well since. TA & TAGB should be o.k. as management has clarified during EGM that development of TA3 & TA4 are not affected since the approval for the project has already been received. Just hope the quarterly report is o.k.

onecall

561 posts

Posted by onecall > 2017-11-25 12:23 | Report Abuse

Hope for the best.

onecall

561 posts

Posted by onecall > 2017-11-29 08:58 | Report Abuse

Report out today... Quiet like hell...

JinAurora

401 posts

Posted by JinAurora > 2017-11-29 16:17 | Report Abuse

All the best for today.. now the market is like a piece of shit... hopefully the result is acceptable by market, then can harvest after this shit market..

JinAurora

401 posts

Posted by JinAurora > 2017-11-29 17:50 | Report Abuse

wow... eps 4.61 quite nice!!

Posted by prudentinvestor > 2017-11-29 17:53 | Report Abuse

TA should be trading at 1.60 instead of just 60 sen. Totally no logic. I expect its final quarter earnings to be maintained.

JinAurora

401 posts

Posted by JinAurora > 2017-11-29 17:54 | Report Abuse

yes, i agreed with you prudentinvestor, market owe TA a good value reflection..

luckypunting

1,930 posts

Posted by luckypunting > 2017-11-29 18:02 | Report Abuse

WOW!!

Another quarter of EPS 4.xx

F*cking impressive! :p

Once it improves on the dividend payout, Institution Funds will push it up.

onecall

561 posts

Posted by onecall > 2017-11-29 18:07 | Report Abuse

Good result. Unfortunately market don't see it that way...

limyinchu

87 posts

Posted by limyinchu > 2017-11-29 18:08 | Report Abuse

Yeah

Posted by Fabien Extraordinaire > 2017-11-29 19:09 | Report Abuse

Very consistent results

EPS
Q1 4.86
Q2 4.14
Q3 4.61

Annualised earnings 18.15sen, a growth of 1296% compared to last financial year
Book value grow by 17.19%

Trader Man

7,854 posts

Posted by Trader Man > 2017-11-29 19:11 | Report Abuse

haha, those analyst house, all nice EPS, but wont go up a lot

you know why ?

because there is no growth !!!

Posted by prudentinvestor > 2017-11-29 19:46 | Report Abuse

Don't worry about TA if it fails to go up strongly tomorrow. It only needs to consistently post good quarterly results like it has been posting over the past 5 quarters and pay reasonably good dividends, say at least 30 to 40% of its net earnings, its share price will surely go up one day, like Success, Ajiya, G Kent.

manji

223 posts

Posted by manji > 2017-11-29 20:34 | Report Abuse

special div

singh1

1,008 posts

Posted by singh1 > 2017-11-29 21:10 | Report Abuse

Somehow was thinking of the same amount LOL !!

singh1

1,008 posts

Posted by singh1 > 2017-11-29 21:40 | Report Abuse

Outsider TA would be entitled to 60.17% of the profit from disposal. The buyer is suppose to make payment in Jan 2018 which means it will show in 1st qtr 2018 results, announcement in May 2018.

luckypunting

1,930 posts

Posted by luckypunting > 2017-11-30 09:37 | Report Abuse

Special dividend on the play? :P

Posted by prudentinvestor > 2017-11-30 10:16 | Report Abuse

At 63 sen a share, TA is really trading at fire sale price.

singh1

1,008 posts

Posted by singh1 > 2017-11-30 10:28 | Report Abuse

luckypunting Seems like we need to wait another 6 months to find out.

Prudentinvestor You are absolutely right. Just don't understand why, as every TA share owns about 1.8 TAGB shares. Just the value of TAGB in TA is 0.36 * 1.8 = 64.8 sen !! It is technically selling at negative valuation. Really ridiculous. I have no words to describe this unbelievable situation.

JinAurora

401 posts

Posted by JinAurora > 2017-11-30 10:30 | Report Abuse

In our country, most of the people would like to earn fast money and they do not really look into the value of the company.. Hence, some valuable company like TA always under value.. Unless there have some big and famous one announce TA is good.. then only will push it up...

singh1

1,008 posts

Posted by singh1 > 2017-11-30 11:05 | Report Abuse

Jin You are right. The other thing that people really like is a good dividend. But at the same time if investors get used to receiving, they are equally capable of punishing the stock if the dividend amount is lower than expected. Just look at the YTL group. 9+ sen / share three years in a row, then suddenly went down to 5 sen. Investors not happy. Worse still YTL boss pass away also. Stock now trading at historical low price.

ltg100y

60 posts

Posted by ltg100y > 2017-11-30 11:06 | Report Abuse

Is it due to earnings not sustainable so investors don't like? foreign exchange gain, investment securities, less trading volume in Malaysia (broking segment), one-off gain on land disposal, all these may not continue in next year, so, next year profit may not as good as this year. Thus, investors may avoid to invest in this type of company.

JinAurora

401 posts

Posted by JinAurora > 2017-11-30 14:55 | Report Abuse

hi outsider, feb 2018 quarter report will be closed at dec 2017. Therefore, jan18 will be closed at mar 2018 and will be published on may 2018..

JinAurora

401 posts

Posted by JinAurora > 2017-11-30 15:01 | Report Abuse

hi singh1, you are right.. but in the other way, you can see actually the management have big ambition in such way to expand the company, like looking for others hotel and, property and landed investment. As long as the revenue can be locked and not easily will be affected by global issue, i believe it was just a matter of time to give dividend. :)

miniminer

505 posts

Posted by miniminer > 2017-11-30 17:02 | Report Abuse

Aside earning 13.61 cents just in 3Q, TAE is a cash rich org where almost 40% asset are in MYR cash. Half a year ago, TAE was facing a lot of uncertainty due to continue MYR fluctuation against USD where at it worst 1USD = 4.5MYR, lost of MYR value has eventually reflected in share price due to continues selling pressure for financial risks remediation.
Today's MYR have recovered ~10% which translate into ~MYR40 millions unrealized monetary value recovery, ROI that over 22% and yet TAE shares price remains on at MYR 0.62.
Time to acquires some for short and long term investment !!

singh1

1,008 posts

Posted by singh1 > 2017-11-30 17:08 | Report Abuse

JinAurora Dividends could be the key indeed.

Itg100y It is true this counter if you look at the history has done some yo-yo performance, but last 4 qtrs is showing solid results with current p/e of less than 3 !! . Also the one off gain from little bay disposal will only show in 2018 so the current good performance is fantastic actually. The hotel division has been fully refurbished and expanded with new hotel so it looks like better results in the coming qtrs. Don't forget at little bay they are constructing 173 Apartments with completion in 2019, two almost sold out apartment blocks in DA and the upcoming launch of TA3 & TA4 beside klcc and
houses in dutamas. Future looks promising. Just hope the world economy does not crash or even locally with GE coming up.

luckypunting

1,930 posts

Posted by luckypunting > 2017-11-30 21:09 | Report Abuse

Putting aside the Little Bay disposal, don't talk about special dividend first ....

By looking at the profit earning trend, quarter average of 4.5 EPS, estimate full year EPS to be 18c. Looking at the historical dividend payout ratio, ranging from 26% to 100%, take conservative 30%, we are expecting 5.4c payout in Q12018.....that is > 8% divYield. .... what if Datuk suddenly do some crazy act by declaring 50% - 60% payout which happened before prior 2010? :p

singh1

1,008 posts

Posted by singh1 > 2017-11-30 21:26 | Report Abuse

Well I sure do hope he goes crazy on dividend payout. Though nothing is in the bag as we still have one qtr left.

ltg100y

60 posts

Posted by ltg100y > 2017-11-30 21:52 | Report Abuse

thank you so much, @singh1

singh1

1,008 posts

Posted by singh1 > 2017-12-01 20:37 | Report Abuse

As we learn from one another I wish you well, thank you.

JinAurora

401 posts

Posted by JinAurora > 2017-12-04 17:00 | Report Abuse

seems like it almost there as today have offline trading at 0.62 with 488.9K. Hopefully it is coming soon :)

singh1

1,008 posts

Posted by singh1 > 2017-12-04 20:42 | Report Abuse

This counter is solid but the uncertainty is elsewhere. Even Tony seems to have slowed down in picking up TAGB. If TAGB doesn't move TA doesn't move, even though TA should be above 70 sen. That is the relationship between mother and daughter. Daughter walking ahead, mother follow.

Posted by prudentinvestor > 2017-12-07 15:36 | Report Abuse

At 60 sen a share, TA is trading at a prospective PE of just 3.3. I don't remember TA has ever traded at such a low prospective PE before.

villa1668

1,236 posts

Posted by villa1668 > 2017-12-08 07:28 | Report Abuse

From CIMB

Recognia has detected a "Hammer" chart pattern formed on TA Enterprise Bhd (4898:MYX). This bullish signal indicates that the stock price may rise from the close of 0.610.

Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session. The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

villa1668

1,236 posts

Posted by villa1668 > 2017-12-08 07:37 | Report Abuse

With such a low PE, consistent post a net profit about 70million quarterly, it is really a good bet. Since company dividend policy is 40% to 60%, dividend yield simply can be double digits at this current price.

luckypunting

1,930 posts

Posted by luckypunting > 2017-12-08 12:42 | Report Abuse

if pay higher dividend, datuk untung big lor, he is holding many shares :p

Posted by prudentinvestor > 2017-12-08 15:51 | Report Abuse

Can't think of any other counter that is trading at a lower PE ratio than TA.

Posted by imignorant > 2017-12-12 09:56 | Report Abuse

yet, price continues to drop.

Posted by prudentinvestor > 2017-12-12 14:59 | Report Abuse

Too bad, a counter worth at least 1.20 a share is now changing hands at only 60 sen a share.

JinAurora

401 posts

Posted by JinAurora > 2017-12-12 15:47 | Report Abuse

be patient lo.. i think big player still collecting.. kick all of impatient person or contra players... Good luck everyone~ :)

luckypunting

1,930 posts

Posted by luckypunting > 2017-12-13 16:56 | Report Abuse

Today, someone is trying to move it....let see tomorrow how, any buying follow thru :p

JinAurora

401 posts

Posted by JinAurora > 2017-12-13 17:20 | Report Abuse

nice trigger :)

Posted by imignorant > 2017-12-13 23:09 | Report Abuse

with such low volume, quite hard.

Posted by Ong Eng Lee > 2017-12-14 17:47 | Report Abuse

Hopeless counter.... unless change boss

Posted by imignorant > 2017-12-14 23:51 | Report Abuse

it really try patient of small small shareholders.

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