cannot blame tony tiah. he is just taking advantage of the opportunity that the market provide him. what he really wants is tagb shares that ta is holding.
his MGO did not provide solution for the non compliance of minimum public shareholding spread of TAGB.
Posted by RosAng > Jul 3, 2018 10:06 AM | Report Abuse
I think will bac to 61 soon..
got down to 61 cents, you never use your brain? Can u be this stupid? TT offer 66 cents and you said price go down to 61 cents, only an idiot says this, hahaha
Posted by newbie911 > Jul 3, 2018 11:12 AM | Report Abuse
Hi Calvin, why Tony only offer Rm0.66?
The answer is simple:
1) Tony last bought from 61 sen to 66 sen highest to trigger the 33% ownership threshold.
2) According to Bursa Rules anyone having more than 33% shares of a Company is supposed to offer a conditional Mandatory General Offer. So by following Bursa rule Tony has to issue a 66 sen offer
No need to accept as it is conditional since Tony only owns 33% at this juncture.
Tony might or might not buy until he owns 90% of TA. And if 90% threshold is crossed then the offers become "UNCONDITIONAL". Which means all must comply.
For now just throw the offer letter into the dust bin. And watch for TA to go higher in coming days
What is the difference between Conditional & Unconditional MGO?
Conditional is not compulsory whereas Unconditional is compulsory
After 2 atomic bombs fell on Japan. Japan Emperor offers surrender. So the Japan Army got an Unconditional Surrender. They cannot negotiate or delay. And they laid down their samurai swords.
Last time my Johor Sifu & I bought lots of Harrison at Rm1.30 to Rm1.40
Then we got a surprise when Harrison Boss from Indonesia offered conditional MGO at only Rm1.30. At that time Harrison NTA was already over Rm3.00
As it turned out several years later Harrison crossed Rm4.00. With yearly good dividends plus price rise My Johor Sifu made over Rm1 Millions just in Harrison alone.
SO IS TA. THE TAIKO OF VALUE/GROWTH/DIVIDEND IS WORTH HOLDING FOR IT TO BE TRUELY THE TAIKO ONE DAY
I think time will tell nonid argue.. As a TA bos they know psikologi tactic...coz not a lot ppl like got brain ZEPAN got enough money to hold for 6months,,,some ppl may b like ZEPAN BCOZ GOT BRAIN SO KENA BRAIN CANCER SO NO CHOICE MUST SELL TA...RIGHT??PLS DUN ATTACK PPL BRAINLESS ..ALL HERE CARI MAKAN...U GOT BRAIN U R WARREN BUFFET
I think time will tell nonid argue.. As a TA bos they know psikologi tactic...coz not a lot ppl like got brain ZEPAN got enough money to hold for 6months,,,some ppl may b like ZEPAN BCOZ GOT BRAIN SO KENA BRAIN CANCER SO NO CHOICE MUST SELL TA...RIGHT??PLS DUN ATTACK PPL BRAINLESS ..ALL HERE CARI MAKAN...U GOT BRAIN U R WARREN BUFFET
At least I don't curse you like you did. I say your stupidity knows no boundary as it's just not logic for price to come down to 61 cents when the offer is 66 cents. It's just you are plain stupid or you are spooking people to sell you cheaply. May I ask why you don't buy when the price is cheap and also with the dividend? Now only want to spook others to sell cheaply to you when the offer is 66 cents, OMG got such stupidity at it's highest level.Comon lah, people are NOT THAT STUPID to sell to you at 61 cents .
BTW, don't curse others with brain cancer.You know KARMA? What you say or curse others, you yourself will have it one day. I am already more than 80 years old and not scared of dying as I have enjoy and had most of the good things of life and too been round the world a few times. You are perhaps still young and still got a long way to learn what is life but maybe GOD will shorten your life for cursing others with brain cancer, hahaha.
Yes, we are here to make money, this I do agreed but to spook others to sell you cheaply is just beyond comprehension.....we can safely say it's plain stupidity.
And to you RosAng, one last word for you this......
"There's a natural law of karma that vindictive people, who go out of their way to hurt others, will end up broke and alone."
Agree with Calvintaneng.....It is super undervalued company....can't find anymore in Bursa..so everyone should hold tight tight and die die don't want to sell.
I tot wanna buy a few times but think of my frens been holding for so long make me think twice wanna buy this stock.one a contractor holding more than 500,000 for more than 10 years and another fella been holding since 2007.both of them still hold until now and still rugi
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
luckypunting
1,930 posts
Posted by luckypunting > 2018-07-03 08:14 | Report Abuse
Despite the takeover offer, Tiah has indicated that he intends to maintain TA Enterprise’s listing status on the Main Market of Bursa Malaysia.