u need to pay RM.70 to convert the warrant to mother shares, if TA stays below 0.70. It doesn't make any sense to exercise the warrant conversion, where you can now buy at 0.57
Include in MSCI also no use. The management doesn't bother abt its share price n reputation. Tony Tiah n Ong Leong Huat are the same. They won't let their shareholders make money.
The profit from the Vancouver project has not come in? The project was supposed to hand over to the buyers in May 16. Management had announced progressively that the project was almost fully sold and sold at very good prices. The project (serviced apartment, Trump hotel n retail podium) is definitely making a lot of money and should come in at one go about this time (In Canada, profit can only be recognised after units handing over to the buyers). If the profit has not come in this quarter, will it come in next quarter?
Tiah has stopped buying back his company shares since 2015.... no idea what they are up to....Any one knows how much shares they have in Trumps hotel at Canada?
Tiah stop buying because he suddenly realise that he is not warren buffet. Everytime he put money in the market it make losses. His ability to make money in the market is reflected in the financial report "Fall in fair value of investments". That is TAE/TAGB money. No sweat at all to him. So continue to use Co funds to buy high and sell/hold till low. Insofar as he personally buying TA shares, buy high sell low will buy his own pocket. Of course he stop buying!!!
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....
Angielim9955
2,049 posts
Posted by Angielim9955 > 2016-02-08 20:26 | Report Abuse
reports so bad , still can top up