TA enterprise buy all TAGB shares & delisted TAGB since it is undervalued. Tony increase his stake to 100% is impossible, but TA Enterprise can make it.
In my opinion there will come a time when the stockbroking business would need to be separated from properties and the possibility of distributing Tagb shares to TA shareholders. Once separated the stockbroking business can proceed to do an M & A with a large financial institution (is syariah compliant since May 2017) or maybe get sold off. The undervalued properties of Tagb can then go through a re-evaluation exercise, followed by launching a REIT to further separate the hospitality business from construction business. Sunway is a great example. I am hoping for this.
Total shareholding by Datuk Tiah's family is at 15.1739%. There should be a final announcement regarding the issue of public shareholdings spread at the end of Feb'2018 or before CNY. ( 30 days )
The Q4 reports will come out at the end of Feb'2018.
Financial Reports for the year ended 2017 will come out at the end of April'2018.
When insider see 38 sen as a good bargain, outsider still not interested at lower price. Since Tony cannot buy some more and retail investors not showing much interest, He could possibly offer some kacang putih price and privatize this counter. He could do it directly himselves or through TA Enterprise. If TA does it (they have the funds to do it), the next move could be to list a hospitality REIT to unlock value and also reward all investors including the family with a handsome dividend every quarter while paying much lower tax in the process. Less to the taxman and higher dividends. Oh yeah !!
TAGB will up tomorrow. Worry about Tony will stop to acquire more shares? We are wrong, bursamalaysia website shown that Tony still continue to buy more after the shareholding spread
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 10.094% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
*** Total no of securities for TA + Datuk Tiah families is 75.3987% ( Balance in the open market is 24.6013% )
I have never heard of him selling his shares. Even after hit the limit, he is still buying. Ha! Ha! I really like this chief. I am happy to be a shareholder in his business. Just bought more TA today.
Wah ... really like Layhong? Then is very interesting lor .... Layhong substantial shareholders (new + old) keep buying and pushing price from 0.2x to 1.xx (after bonus and subdiv price) in 3 years time ....
I suspect the strategy is to make a low offer, buy time, frustrated investors would throw...then accumulate more thus up the offer price but might take a while
With the nature of datuk like to 'play' shares (some more is his own company), don't think he will delist it .... depends which one give him more profit and pleasure :p
I think he will as its worth 3X more, probably planning a reit but it's just the time taken to achieve, can wait it out? Look at TA, if he does not buy, it does not move but highly undervalued
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 10.117% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
*** Total no of securities for TA + Datuk Tiah families is 75.4217% ( Balance in the open market is 24.5783% )
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 10.126% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
*** Total no of securities for TA + Datuk Tiah families is 75.4305% ( Balance in the open market is 24.5695% )
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....
Lele
523 posts
Posted by Lele > 2018-01-18 07:17 | Report Abuse
Price will drop down.