I doubt he will increase his offer price. He will only do things that protect and/or enhance his wealth(refer Omega and fraud case). TT has been dealing in the stock market for hundreds of years. You think he don't know that 0.31( or 0.66 for TAE) is too low meh? If he increase the offer price, that would deplete his wealth. If he somehow (by hook or by crook) manage to obtain 90% control of TAE and directly + indirectly 90% of TAGB, then we are all stuck at 0.31..LOL. Of course most(including me) are sceptical that he will achieve 90%. We don't know how many % are already owned by his undisclosed Nominees.
I am fed up with this share and I bought it 4 years ago at about 36 cts per share. Now i don' hear any positive news on share price moving upwards and its dividend given is a disgrace to TAGB's growth. Better sell it now at around 30 cts per share and use the money to buy other good shares like Nestle Malaysia or Dutch Lady for better growth. What say you guys?
SC shouldn't keep approving d extension for mgt to fix d public shareholding spread. It must be limited to only 3 extensions. Else mgt can extend forever.
So that explain d volume yesterday? This counter worth far more than 31 sen but ignored by market... Perhaps got to do with its inability to create value to shareholders...
This counter has so much potential but ignored by the market. TT does this purposely so no one can 'rampas' his TAGB from him. I do own some shares for this company.
Public shareholding issue take time solve.TAGB low volume mainly due to weak property market sentiments. Major risk for TAGB is the TA 3 & 4 costs, wondering how many people afford to buy.
TA Global has a 3.12-acre parcel at the junction of Jalan Imbi and Jalan Bukit Bintang. It is said that the tallest residential development in the capital at 80 storeys will be built there and called Nova Square. The site is currently an open-air car park.
Maybe could get extended due to failed mgo for TA Enterprise. As the rules requires him to wait one year before he can launch another mgo offer, I guess he could ask for extension up to then (sept 2019). Let's see what happens. Quarterly results out in one week. Looking forward to that.
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....
Yael Jasper
2,178 posts
Posted by Yael Jasper > 2018-07-26 11:08 | Report Abuse
buy it now and profit next week !