Never seen such high volumes for YTL and YTLPOWR. These are indeed record-breaking days. Traditional counters such as these have a large following amongst the uncles and aunties. TA gets a lot of their business from this category of traders.
Yes TAGB shares !!! Limyinchu TA3 & TA4 suppose to launch this quarter. But with new gov't making many changes to the economy, maybe there could be some delay. I suppose there will be some information available at the AGM. Sri Damansara development is ongoing and I believe going well.
Calvin, when do u think TA will go back to 70 cents ? Why those big players are not interested at this counter at all.. though it is making huge profit..
standalone brokerage is tough business with IB ( bank back ) eating into retails trade. On line broking further eroded margins. same like HK and Singapore. golden days of stand alone broker past prime. either merge with others or diversify into retail banking ( SHK securities in HK )
at that time, the market cap was RM1b, literally u can buyout the whole TA by taking a RM1b loan, and repay that loan with the RM1b cash inside TA. To fill the RM1b difference after taking out the cash in the balance sheet, I've estimated that the properties held are at least RM1b over their book value (i expect more as i didn't know all properties they own to make a better estimation). Do not forget bout the value of 60% TAGB shares held.
but mata buta calvintaneng, then how come ur mrcb drops all the way to 0.65 while my mbsb which u claim to be a mata buta, is still holding strong at 1.20????
It is incorrect to say the price is drop. The share price is merely ADJUSTED for dividend.
The dividend has been paid out by the company, hence it has been taken out from the books. The market capitalisation will reduced by the dividend paid.
Posted by Lele > Jun 6, 2018 05:05 PM | Report Abuse
Basically, the share price drop after ex-dividend date because the share price of a company trades in the market without the dividend.
If tomorrow over 0.66. The momentum will going strong, those traders who based in technical will buy in, if the share price can break 0.70 is mean that buy in signal appear. Bollinger will open wide. Don't miss the up trend boat, my dear brother and sister
Daily Market Commentary (Securities) 6 June 2018 The FBM KLCI index gained 21.99 points or 1.25% on Wednesday. The Finance Index increased 1.48% to 17806.6 points, the Properties Index up 1.74% to 1044.88 points and the Plantation Index down 0.06% to 7732.11 points. The market traded within a range of 27.44 points between an intra-day high of 1778.47 and a low of 1751.03 during the session.
Actively traded stocks include SAPNRG, CUSCAPI, MYEG, GBGAQRS-WA, HUAAN, HSI-C3B, HSI-C3E, THHEAVY, DNEX-WD and HIS-H4E. Trading volume increased to 3503.73 mil shares worth RM3021.80 mil as compared to Tuesday’s 2727.22 mil shares worth RM2692.43 mil.
Leading Movers were ASTRO (+23 sen to RM1.83), AXIATA (+23 sen to RM4.65), YTL (+5 sen to RM1.00), PBBANK (+98 sen to RM25.00) and TM (+12 sen to RM3.73). Lagging Movers were SIMEPLT (-11 sen to RM5.37), PMETAL (-7 sen to RM4.55), MAYBANK (-6 sen to RM9.59), GENTING (-5 sen to RM8.80) and AMMB (-2 sen to RM3.79). Market breadth was positive with 716 gainers as compared to 267 losers.
The KLCI closed higher at 1777.13 points despite overnight mixed performance in US market. The performance of our local bourse was lifted by buying interest in heavy weight counters such as Astro, Axiata and YTL Corp.
If one were to place $100,000 in a FD a/c can get $4,000/= after one full year. If one were to place $66,000 in TA , can get $4100/= after just 3 weeks. Those who cannot see this are the ones who are mata buta. Don't mean to speak harshly but there are some people here who attack our friend Calvin, even though his recommendations are for your evaluation only. Just by sharing information and thoughts doesn't mean you must buy. Make your own decision and if you lose don't blame others and stop making your filthy comments here.
if we calculate mata buta calvintaneng's imaginary porfolio, we can find that all his gains in tae and opcom r all lost into mrcb, csc, bjc among many others.
Singh1, feel proud u still remember me...:) However, i will only update you all during night time as busy during daytime. Please stay tuned for more details.
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Posted by calvintaneng > 2018-05-31 18:18 | Report Abuse
ALL AT TA ENTERPRIZE GOING TO DO SUPERBLY WELL!!!