True! The earnings from the securities department will increase many times for the last 2 months. If the market turns into a bull run, securities company will be doing extremely well. There will be a lot of contra players that will bring in roll over charges and DF fees. I thk the profits for the last 2 months in the securities department has increased by at least more than 800%.
Please take note, the Q1 report for the period ended 31-3-2017, may come out at the end of May'2017 and final single tier dividend for the financial period ended 31 December 2016 may announce at the end of April ' 2017。
Super888, nothing change in the fundalmental. KLCI lost 0.41% yesterday, 801 counters down, 171 counters up. Understand that TA dropped a quite a lot last 2 days compared to other counters. I believe US military dropped the most powerful "mother of all bombs" in Afghanistan last Thursday, iand all eyes on North Korea now. Plus, TA is having a biz partnership with Donald Trump, so that it is TA & TAGB are the most impact for this news. To recall, NYSE trading after 9/11, the market fell 684 points, a 7.1% decline. Geographical risk unable to avoid, but I think we have to manage the risk well at this point of time. I believe TA & TAGB still not yet find the bottom in the short term due to uncertainty USA and North Korea political issues.
Pls. take note, The Notice Of Twenty-Seventh Annual General Meeting ( Agenda ) and Annual Audited Report For The Year Ended 31st Dec 2016, may announce at the end of April ' 2017.
Price correction for TA done, now's time to move to next higher level. After the dividend, company share buy back and major shareholder will definitely buy more to push up the price.
If the land is sold, it will be positive news for both TA and TAGB. The proceeds will bring down the debts of the company. There will also be gain on disposal to increase the company profit.
TA made more than 8 sen per share during the previous quarter. It only needs to consistently make 4 sen per quarter for its share price to go up to RM1.50 a share.
TAGB is vastly undervalued. Firstly, the share price of TAGB is way below the NTA of RM0.54. Secondly, the published NTA of RM0.54 is based on the historical purchase price of the land and properties. All of them are not revaluated to reflect the current market price. The Revised Net Asset Values based on current market property prices should be more than RM1.30 per share.
TA as the parent company which holds 60% of TAGB is also hugely undervalued. Further to this, TA's securities arm is also making a few times more profit as the share market has been sizzling hot for the last few months as compared to the last two years.
Agree with enid888, definitely the coming quarter result will be very good due to hot market in the first quarter 2017. With -80million 1Q2016, this coming quarter can easily exceed it and the share price will eventually adjust to its fair value. :)
1Q2017 is bull market. I believe TA earned a lot in share market. Hopefully the EPS for this coming QR can hit at least 7 cents. At this moment, TA share price is consider cheap.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
kakashit
1,472 posts
Posted by kakashit > 2017-04-05 16:22 | Report Abuse
他、她、它、祂动了