hopetobecorrect..probably they recognised sales that did not happen then in 4th quarter take them back out before auditors does it ...LOL. The Directors deemed it not necessary to explain to minority shareholders why cumulative property sales can magically go down substantially. What do you expect from a co where Board of Directors includes 2 person charged for fraud by SC.
IMHO for TAGB to improve they need to get rid of TT, stop spending so much time,effort and money dealing in investment securities and tell SC to list TAGB in any segment besides Properties(Co listed in properties segment but prop dev revenue for the year is ONLY RM10.6M). If SC can't decide what segment TAGB should be, create a new one for listed Co that has no proper biz direction. Better still get rid of Tiah junior and employ a professional CEO. If they want to run TAGB as a family co. then take it private for goodness sake.
JamesPond, thanks for your explaination. I do agree with you tony tiah reputation is holding up the company price. will re-consider my view on this company
Price has come down due to the unconfirmed allegations. Just feel that nothing against the laws could have happened between Ivanka and JK? Ivanka's company was just doing ID work and manage the hotel for TAGB. When thing clears up, TA and TAGB will return to its original levels.
I went to Vancouver and stayed in Trump Hotel last year. I felt obligated to support our owned hotel. It was a very nice hotel in the CBD and It is adjoining the other TAGB property, Fortis Building. The city is very vibrant with a lot of Hong Kong and Mainland Chinese migrants. It was a very good experience to stay there.
If you checked the transaction announcement on Tony's acquisition of the TAGB in the past one year, mostly between 0.3 to 0.38-0.39. Are we expecting him to sell below 0.3 in buy high sell low mode? Aiya......
if calvin not here, the share might had stabilised around .35-.37 now that he's here, better sell. he's like the blackest guy i ever read on the forum. everything he touches turn clay
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....
PenguinDad
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Posted by PenguinDad > 2018-02-28 22:10 | Report Abuse
庒家要收票。