Posted by enid888 > 2016-05-08 19:35 | Report Abuse

Tiah Joo Kim is in the helm since Jan 2016. His performance in leading the Trump Vancouver project has proved that he is able to deliver and he is now in charge of the whole TAGB. According to The Edge, he said that

- The performance of the 6 hotels has room for improvements before going for REIT. He knows the problems and going to tackle it.

- The plans to launch the Activo Suites, Dutamas which have been delayed for a few years will be carried out soon.

- He will be overseeing the TA3 n TA4 mixed development opposite KLCC which is quite similar to Trump Vancouver that was a successful development.

Hope that the Tiah junior will lead the company to greater heights n eventually raise the share price of TAGB.

Posted by singh1 > 2016-05-09 04:04 | Report Abuse

Ha! Ha! Looks like he came down for a visit just about when we were talking about him.
I think something is coming up. TAGB will need to raise funds for projects. Could divest some properties or launch REIT.

Posted by chang24 > 2016-05-09 11:57 | Report Abuse

As what Tiah junior said, the gearing is a bit high. Overseas project is built-then-sell approach therefore profit can only be recognized upon completion. Let's see what he will come up with.

Posted by HowAh > 2016-05-09 17:33 | Report Abuse

A whole lot of nothing....

Posted by singh1 > 2016-05-13 06:17 | Report Abuse

Read that article by the edge. Looks like for REIT will need to wait some more. Does mention about raising funds but want to do it when hotels are doing better. Also ramping up property projects. Have to be patient.
http://www.theedgeproperty.com.my/content/i%E2%80%99m-here-crack-whip-says-ta-global%E2%80%99s-joo-kim

Posted by chang24 > 2016-05-13 11:32 | Report Abuse

@singh1, when it will come, it will come.

Posted by MrPouper > 2016-05-14 12:16 | Report Abuse

slow slow wait, another 4 to 5 years, may be it will move a bit

Posted by enid888 > 2016-05-14 20:26 | Report Abuse

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.

Posted by kakashit > 2016-05-14 21:55 | Report Abuse

Wao, the prince has come out and speak up.

太子爷出师了

Able to build tower for Trump, not easy leh

Posted by cpng > 2016-05-14 22:17 | Report Abuse

Sorry to inform.Been kicked out from MSCI midsmall cap index.

Posted by GoldenShares > 2016-05-15 10:28 | Report Abuse

if this company controlled by Tan Sri Liew, now already above 2.00, : )

Posted by HowAh > 2016-05-16 21:17 | Report Abuse

Oh crap

Posted by HowAh > 2016-05-20 10:12 | Report Abuse

Tiu Arsh company

Posted by JamesPond > 2016-05-24 14:00 | Report Abuse

GoldenShares, comparing Liew with certain management of TAGB is totally undermining Liew. Tan Sri Liew, if I am not wrong is EX-BANKER whereas certain directors of TAGB were charged for fraud by SC, i.e. EX-CONPERSON. The share price reflects the ability of the persons running the show. One knows that the Co. is property devt and goes about making sure that the Co is focused on the biz of property devt. The other, alas, doesn't know what biz the Co is in. Most probably every morning when they turn up to work, they throw a dart to decide what to do that day.

Posted by HowAh > 2016-05-25 00:33 | Report Abuse

Pai li pai li

Posted by chang24 > 2016-05-25 12:53 | Report Abuse

@JamesPond, agree with you. For this co, things weren't going well due to unclear direction. Market is right by valuing the co at its current price. I think the BOD sees that as well. As such, the newly appointed CEO should be doing his best to change things. It's not an easy task to build a building in Vancouver, Canada and working with Trump. Let's see what Tiah junior can achieve. Only time will tell.

Posted by JamesPond > 2016-05-30 19:36 | Report Abuse

Well managed companies are capable of producing financial reports within a short time. Badly managed ones normally takes a long time to report their quarterly results. TAGB is a typical example of a badly managed organisation where even the accounting department is not functioning efficiently. Most of the time they are only capable of reporting their quarterly results on the very last day!!! Either that or they need to really spend time to crack their heads on juggling the figures to present a palatable set of results. Else the BOD and public shareholders might choke on the results!!!LOL

Posted by Activetrader > 2016-05-31 09:29 | Report Abuse

the CEO is too young... they shouldn't pull him in so early. Investors like us lose confidence. Sorry to say that.

Posted by chang24 > 2016-05-31 12:33 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/05/31/ta-global-to-gain-bulk-of-profit-from-trump-tower/

Posted by JamesPond > 2016-05-31 13:09 | Report Abuse

Chang24, talk is cheap. Alicia talks a lot. She HAD been talking a lot...land in BB to develop..REITs, ...blah,blah..and till today she is still talking. As for the other one in the article, someone charged with abetting fraud crime, you believe??? More importantly, even if these projects are sucessful, would they reward the shareholders or would they throw away the profits into some share/equity investments.

Posted by HowAh > 2016-05-31 19:59 | Report Abuse

Pathetic. Shall we be comforted that it's not in the red?

Posted by JamesPond > 2016-06-01 14:42 | Report Abuse

THe reason for such late disclosure would probably be because terrible management together with the need to do yoga exercise on the figures!!!LOL. They must have done a lot of bending and twisting on the figures to turn red into green else the readers might choke if they see red. Small green is better than red on the bottom line. So much juggling that the figures become difficult to comprehend. Note A9, on Inv & Other Holdings Segment has revenue RM11,235K, O/Income 195. Total income =RM11,430. Net results = RM2,060K. Therefore, expenses = 11,430-2060= 9,370. However, Note B1 list of expenses for investments related, FV loss alone is RM22,339K. Mathematically also doesn't add up!! Also, fair value gain on derivatives of RM1,316K is shown as a loss. I think they are also confused with what is gain and what is loss!!! As HowAh said "PATHETIC...", I add "On the results and MANAGEMENT".

Posted by Blacksails > 2016-06-01 14:56 | Report Abuse

agree with jamespond and enid888

Posted by HowAh > 2016-06-01 20:31 | Report Abuse

Got future or not?

Posted by _OptimusPrime_ > 2016-06-01 20:32 | Report Abuse

Owner got future but not you.

Posted by camel > 2016-06-02 13:30 | Report Abuse

dividend 0.5% single tier, par value rm0.5, 1,000 shares can get how much?

Posted by JamesPond > 2016-06-02 18:56 | Report Abuse

Camel, 1000 shares get RM2.50. Enough for teh tarik and roti canai biasa!!!

Posted by HowAh > 2016-06-03 09:26 | Report Abuse

Wa Seh, very good wor still got $$ to give u... :P

Posted by HowAh > 2016-06-08 01:34 | Report Abuse

Yerrrr

Posted by HowAh > 2016-07-09 23:06 | Report Abuse

Sei jor....

Posted by singh1 > 2016-07-29 15:47 | Report Abuse

Volume is up!!

Posted by HowAh > 2016-07-29 18:49 | Report Abuse

But the price is not...

Posted by mlike > 2016-08-01 16:52 | Report Abuse

be careful, the show unit is renovating and new hoarding is up....... you may not catch is in low price any more.......

Posted by HowAh > 2016-08-01 17:21 | Report Abuse

Be careful means price going down? Hoarding means price going down? What r u trying to say leh? How ah?

Posted by singh1 > 2016-08-02 05:10 | Report Abuse

Show unit for TA3&TA4?

Posted by mlike > 2016-08-02 09:46 | Report Abuse

pass by there and feel yourself, how I know it will up or down. I just feel movement.... that's all.

Posted by mlike > 2016-08-02 09:49 | Report Abuse

Construction site at Damansara Avernue.

Posted by chang24 > 2016-08-02 11:42 | Report Abuse

I was at Damansara Avenue for lunch last Sunday, saw the show unit's renovation and new hoarding too.

Posted by abcdefgh > 2016-08-08 18:29 | Report Abuse

This stock I hold 2 years ledi the price still like tat. No much changes.

Posted by singh1 > 2016-08-15 18:11 | Report Abuse

In 2 weeks we get quarterly report. Keep fingers crossed. Myselves holding for 6 years.
2010 - 2016 !! This management don't like to rush, so have to be very patient. But I do have faith, they are capable of doing a good job. I prefer they go slow and steady , mun mun lai.

Posted by enid888 > 2016-08-21 20:16 | Report Abuse

Look at the land bank they have, 2.4ac opposite KLCC, 3.3ac in Bukit Bintang, 4.5ac near to Mont Kiara and 40ac in Sri Damansara. All are booked at historical price. For example, the KLCC land is booked at below RM600/sq ft where the market price now is more than RM3,500/sq ft. The management will never push up the price. They want you to lose faith, confidence and patience with the company. They want you to sell cheap to them.

Posted by enid888 > 2016-08-21 20:31 | Report Abuse

The company has 7 luxury hotels worldwide. One each in Melbourne (Australia), Sydney (Australia), Kunshan (China), Singapore, Phuket (Thailand) and two in Vancouver (Canada). Most of them are bought before 2010 and still booked at the purchase prices in the balance sheet. You have heard that Chinese, Canadian and Australian properties appreciated more than 100 percent or may be 200 percent since 2010. This is an extremely undervalued stock. Tony Tiah family is challenging your patience to the limit. Those who still hold on to their shareholdings will one day be rewarded handsomely.

Posted by davidkkw79 > 2016-08-22 20:42 | Report Abuse

This company is a typical value trap company.

Posted by singh1 > 2016-08-23 20:26 | Report Abuse

It is a rising trend. Good sign.

Posted by taktaumacammana > 2016-08-30 10:51 | Report Abuse

TA group all losing money

Posted by taktaumacammana > 2016-08-30 10:56 | Report Abuse

high gearing ratio... still saying overseas earning not remitted back to msia.... can trust or not -_-'''

Expected to have satisfactory performance for FY2016.... means wot oh...losing more or able to turnaround?

Posted by RVI123 > 2016-08-30 12:38 | Report Abuse

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?

Posted by RVI123 > 2016-08-30 15:23 | Report Abuse

Tiah family still has 2 developments in Vancouver. However, TAGB does not have any interests in both the developments.

http://vancouversun.com/business/local-business/son-of-one-of-malaysias-wealthiest-tycoons-planning-vancouver-developments

Posted by JamesPond > 2016-09-01 11:18 | Report Abuse

RVI123, I am getting a bit confused. Why should there be profit from the Trump project when TAGB does not own any part of it?

Posted by singh1 > 2016-09-01 20:35 | Report Abuse

It can be quite confusing but from what I know.....
Tony owned the land, then he brought TAGB to jointly develop the property, then the hotel is sold to TAGB and I suppose the apartments servicing fee could be shared between tony and TAGB. So basically the construction and sale of all the properties in this tower, the profits could be shared by Tony and TAGB. Once tower is operational Hotel portion entirely owned by TAGB while the apartments they share the profits. I think so generally but exactly I don't know. By the way when I say Tony, I mean Holborn properties (vancouver based Tony and families private co.). So of course TAGB is not sole beneficiary of good sales at the tower.