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

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8 people like this.

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

Posted by EngineeringProfit > 2018-07-27 07:26 | Report Abuse

Just received statement on dividend (fat one)

: )

Posted by floresgam > 2018-07-27 07:33 | Report Abuse

still accumulating the share......good luck

Posted by cswong11 > 2018-07-27 09:49 | Report Abuse

sorry, want to ask opinion from anyone here. I already bought TAGB shares, wanting to buy in TA share too to keep for long term, but due to the issue of MOG, i m worried if it is successful, will my newly bought share forced to be sold to datuk at lower price than now? can anyone give me advice. should i enter now or just wait untul the period finish?but then the price sure increase. Sorry, i m just a new beginner of stock and wish to do long term investment. thank you everyone.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-27 10:02 | Report Abuse

Bought it, start taking profit yahooo

enid888

581 posts

Posted by enid888 > 2018-07-27 13:01 | Report Abuse

@Fabien Extraordinaire,

It is actually TA3 & TA4. The land is about 2.47 acres and worth about RM3,900psf or RM420mil in total value. If the land were to be sold, TA would make a profit on disposal amounting to RM344mil as TA's cost was about RM76mil.

luckypunting

1,930 posts

Posted by luckypunting > 2018-07-27 13:06 | Report Abuse

if TA3

enid888

581 posts

Posted by enid888 > 2018-07-27 13:06 | Report Abuse

@cswong11,

Datuk has made an offer at RM0.66 per share. You will not be foreced to sell to Datuk at a price lower than RM0.66.

Posted by firewall9301 > 2018-07-27 23:23 | Report Abuse

MSWG our Malaysia "Watch Dog" organisation does voice out "shortcomings" , if any of any corporate. We may collectively email to them our concerns. Cheers

calvintaneng

56,542 posts

Posted by calvintaneng > 2018-07-30 19:34 | Report Abuse

IN A TIME OF SELL DOWN TA ENTERPRIZE IS HOLDING FIRM

VERY GOOD

Posted by EngineeringProfit > 2018-08-01 08:06 | Report Abuse

strong

luckypunting

1,930 posts

Posted by luckypunting > 2018-08-01 11:37 | Report Abuse

today touched 0.645 ... blindly instant profit of 0.015 :p

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-08-01 16:37 | Report Abuse

0.645? MGO fail?

singh1

1,008 posts

Posted by singh1 > 2018-08-02 02:00 | Report Abuse

Datuk already purchase 1.153% (currently at 33.773%, up from 32.62%) from open market since announcement. Looks like in another 2-3 weeks can achieve 2% ceiling.

Happykoo

119 posts

Posted by Happykoo > 2018-08-02 06:37 | Report Abuse

when the MGO will end?

luckypunting

1,930 posts

Posted by luckypunting > 2018-08-02 10:18 | Report Abuse

when datuk owns 50.1% ...... :p

clp72

817 posts

Posted by clp72 > 2018-08-03 14:49 | Report Abuse

https://www.theedgemarkets.com/article/pasdec-shareholders-told-reject-takeover-offer

Guess the same would apply for TA

luckypunting

1,930 posts

Posted by luckypunting > 2018-08-04 12:54 | Report Abuse

Datuk already knew It will be the same outcome

villa1668

1,236 posts

Posted by villa1668 > 2018-08-07 06:52 | Report Abuse

No of shares 100% : 1,711,909,630 units
2%: 34,238,192 units


Tiah recent purchased in open market after MGO announcement.

6July - 2,500,000 units
9July - 1,360,400 units
10July - 200,000 units
11July - 300,000 units
12July - 500,000 units
13July - 800,000 units
16July - 1,300,000 units
19July - 2,000,000 units
20July - 1,999,800 units
23July - 500,000 units
24July - 2,363,700 units
25July - 2,000,000 units
30July - 1,500,000 units
1Aug - 2,500,000 units
3Aug - 1,000,000 units

Total: 20,823,900 units purchased or 1.21% based on total number of shares.

villa1668

1,236 posts

Posted by villa1668 > 2018-08-07 07:09 | Report Abuse

Look at the clp72 sharing:

Tew, who is an executive director of Pasdec, is proposing to pay 52.5 sen per share for the remaining 228.41 million shares, or a 57.05% stake, which has been deemed "not fair and not reasonable" by independent adviser Public Investment Bank Bhd (PIVB).

If you worry that TA share price will become lower if MGO failed, then u must take a look of Pasdec share price right now, it is trading above RM0.525 after independent adviser comment. Don't forget, disposal of HK offices will be reflected this coming quarter report. They are many good news on the way and everything comes to you at a right time. Stay patient, and trust your journey.

Posted by Lukesharewalker > 2018-08-08 15:43 | Report Abuse

blockers probably by friendly parties forcing retailers to sell.....

Posted by Lukesharewalker > 2018-08-08 16:03 | Report Abuse

look at the AGM, typical china man misery, you wont get any premium offer from him, unfortunately the system allows him to wear out all the retailers patience....

Bruse

35 posts

Posted by Bruse > 2018-08-08 17:47 | Report Abuse

you are absolutely right a company controlled by husband,wife,son,brother and sister in law

Posted by Lukesharewalker > 2018-08-08 21:00 | Report Abuse

Exactly like osk property

villa1668

1,236 posts

Posted by villa1668 > 2018-08-08 21:51 | Report Abuse

Copying again, it based on my own calculation date.


T: Announcement of take over.
T+21 (“D”): Last day to dispatch the offer document.
D+10: Last day to circulate independent advice circular and company’s BOD comments on the takeover offer.
D+21: Earliest day to close the offer (50% voting right achieved)
D+46: Last day for posting revised offer (if any).
Last day for closing of takeover offer if the acceptance condition is fulfilled.
D+60: Takeover offer close if the acceptance condition (50%) is not fulfilled


T: 2July2018
D: 20Aug2018 (SC have granted the extention, it should be 23July2018 if follow T+21)
D+10: 30Aug2018
D+21: 10Sep2018
D+46: 5Oct2018
D+60: 19Oct2018


Independent advice circular is going to release soon.
Let wait for comments "not fair and not reasonable" together! Hold tight guys:)

Posted by firewall9301 > 2018-08-09 14:48 | Report Abuse

TQ very informative for minority shareholders. HOLD TIGHT TOGETHER.........

plroo7

299 posts

Posted by plroo7 > 2018-08-09 15:16 | Report Abuse

10q for ur info - Vllla. Hope good news for TA.... Still holding....

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-10 10:52 | Report Abuse

strong

luckypunting

1,930 posts

Posted by luckypunting > 2018-08-10 11:04 | Report Abuse

Independent Advise come out Same Day as QR release?

singh1

1,008 posts

Posted by singh1 > 2018-08-11 01:57 | Report Abuse

Announce special dividend lah, make everyone happy.

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-08-11 02:32 | Report Abuse

Even if announce dividend, the offer price will be reduced by the quantum of the dividend.

sctan

468 posts

Posted by sctan > 2018-08-11 10:13 | Report Abuse

ask kyy to promote TA, his followers will help to push up the price.

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-08-11 11:11 | Report Abuse

How to push up? The highest it can go is 66 sen.

Posted by Lukesharewalker > 2018-08-12 16:42 | Report Abuse

If QR is good, retailers buy up loh…..

Posted by EngineeringProfit > 2018-08-12 16:49 | Report Abuse

one way.......UP

good imvestment needs patience

villa1668

1,236 posts

Posted by villa1668 > 2018-08-12 22:38 | Report Abuse

On 24sept2014, QL tabled an offer of RM3.50 per share for the remaining 73.19% it did not own in Lay Hong.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1108517


On 10 Oct 2014, QL has triggered the MGO for Lay Hong after exceeding 33%.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1121001

During the MGO announcement date, QL owns 17,185,400 shares
http://www.bursamalaysia.com/market/listed-companies/company-announcements/2852089

On 9 Dec 2014 announcement, QL owns 19,338,900 shares.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/2882689

On 10 Dec 2014 announcement, Offeror did not achieve 50%
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1095321

The increase from 17,185,400 shares to 19,338,900 shares, which is more than 2%.

Singh1, after read the example above, you said Tiah only allow accumulate up to 2% within 6 months without having to revise the offer price seems to be not correct.

singh1

1,008 posts

Posted by singh1 > 2018-08-13 09:19 | Report Abuse

Hopefully with PH gov't such breaking of rules do not happen.Rules are rules, no more kopi-o stuff. If happen we have to make lot of noise.

Posted by jordanmaggie61 > 2018-08-13 11:43 | Report Abuse

so good

luckypunting

1,930 posts

Posted by luckypunting > 2018-08-13 18:14 | Report Abuse

after QL failed privatize, share price all the way up above 6.00 :p

calvintaneng

56,542 posts

Posted by calvintaneng > 2018-08-13 21:50 | Report Abuse

STRONG AND SOLID THIS TAIKO TA OF VALUE!

villa1668

1,236 posts

Posted by villa1668 > 2018-08-13 22:11 | Report Abuse

Hold it and wait for independent advisor comment " not fair and not reasonable", enjoy your Merdeka holiday, come back and enjoy the price surge.

Sslee

6,806 posts

Posted by Sslee > 2018-08-14 08:41 | Report Abuse

Dear villa 1668,
I refer;
https://www.sc.com.my/wp-content/uploads/eng/html/resources/guidelines/tom/171206/tom_rules_171206.pdf

RULE 19: Dealings During Offer Period
19.02 Restriction on dealing by offeror during securities exchange offers
Except with the consent of the SC, where the consideration for an offer includes securities of the offeror or a person acting in concert, the offeror and any person acting in concert shall not deal in any such securities during the offer period.

Since Datuk Tiah is buying from open market that mean he already obtained the consent of SC to buy from open market.

RULE 21: Restrictions Following Offers and Possible Offers
21.01 Delay before subsequent offer
Unless otherwise approved by SC, the offeror and all persons acting in concert with the offeror shall not, within 12 months from the date of the announcement that a take-over offer has been withdrawn, has lapsed or failed-
a. Announce a take-over or possible take-offer offer for the offeree; or
b. acquired any voting shares or voting rights of the offeree if the offeror would thereby become obliged to make a mandatory offer;
This mean if Datuk Tiah failed and just manage to increase his holding to about let say 36% then for 1 whole year he cannot purchase more than 2% from market in any rolling 6 months. He will be a sitting duck if any corporate raider will to buy up 33% from open market and make a GMO. If this happen Datuk Tiah is at risk of losing the control of TAE.

Thank you.

plroo7

299 posts

Posted by plroo7 > 2018-08-14 11:24 | Report Abuse

Dear Sslee - should i hold on holding TA share....

Posted by jordanmaggie61 > 2018-08-14 12:03 | Report Abuse

升升升

Sslee

6,806 posts

Posted by Sslee > 2018-08-14 12:29 | Report Abuse

Dear plroo7,
I am holding on TAE as I do not have any urgent use of the money. I will wait till the independent advisor valuation report is out. As I am very eager to learn the many different methods the adviser needed to employ to value the different business segment of TAE.
Thank you

plroo7

299 posts

Posted by plroo7 > 2018-08-14 13:36 | Report Abuse

10q for ur advice Sslee.

villa1668

1,236 posts

Posted by villa1668 > 2018-08-14 17:57 | Report Abuse

Hi Sslee, thank you for the information.

Posted by hopetobecorrect > 2018-08-15 12:40 | Report Abuse

many investors here hope for the following


RULE 21: Restrictions Following Offers and Possible Offers
21.01 Delay before subsequent offer
Unless otherwise approved by SC, the offeror and all persons acting in concert with the offeror shall not, within 12 months from the date of the announcement that a take-over offer has been withdrawn, has lapsed or failed-
a. Announce a take-over or possible take-offer offer for the offeree; or
b. acquired any voting shares or voting rights of the offeree if the offeror would thereby become obliged to make a mandatory offer;
This mean if Datuk Tiah failed and just manage to increase his holding to about let say 36% then for 1 whole year he cannot purchase more than 2% from market in any rolling 6 months. He will be a sitting duck if any corporate raider will to buy up 33% from open market and make a GMO. If this happen Datuk Tiah is at risk of losing the control of TAE.

sharonchok

261 posts

Posted by sharonchok > 2018-08-15 14:34 | Report Abuse

why the price cannot go up even if there are so many buyers?

villa1668

1,236 posts

Posted by villa1668 > 2018-08-15 19:08 | Report Abuse

Buyer 90% is from Tiah...

Posted by firewall9301 > 2018-08-15 20:41 | Report Abuse

34.49% of TAE Issued shares. TTT is holding as at 15 Aug 18. This includes those Acting in Concert with him??. How much more TTT needs to acquire? ?? We must all Hold on to our TAE shares.

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