Hi Guys/Gals, Boys & Girls, Ladies & Gentlemen,

 

Today Hwang’s Chairman has offered to take Hwang Security  private at Rm2.65. At latest traded price of Rm2.21 there is a  19.9% premium.

Earlier KAF has also offered to take KAF Security private at Rm2.70 a share. The latest closing price of KAF is Rm2.69 – almost fully valued now.

Why Insiders are Taking These  Companies Private?

 

According to Warren Buffet’s 2016 AGM he told all he likes companies that need little cash outlay that generate good revenue and profit like Insurance companies.

Security Firms also need little Cash Infusion. As OSK Iskandar Top Boss Mr Law told me it cost the Company little to employ 30 remisiers & dealers in his Branch as they are reponsible to bring in revenue. That’s why RHB Cap has bought over OSK Investment Bank. 

Last time I bought BJ Capital at 90 cents. Ha! BJ Capital was taken private by Bj Corp at a nice price of Rm3.00.

I also once  owned HL Capital at 90 cents . HL Capital was later taken private at a princely sum of over Rm10.00 (Wow!)

Dr. Wu has made a killing in HL Capital. And he is buying Pm Holding from Mui Group. Why? Because PM Holding own the now delisted Pm Securities (another security firm)

So you SEE. Many Security Firms Have Been Taken Private by Savvy Investors!

Tell you my latest discovery.

To Calvin Tan Research INSAS is the Most Under Value Security Company around (IT OWNS M&A SECURITY FIRMS).

INSAS IS SELLING At  66.5 cents with NTA of  Rm1.96 (A Huge 67% Discount)

INSAS OWNS INARI SHARES

INSAS OWNS PACIFIC RENT A CAR (Will benefit from Increase Tourism)

INSAS OWN 20% OF GLENEAGLE (Healthcare is recsssion proof.)

INSAS HAS HIGHLY VALUABLE ASSETS IN PRIME, PRIME LOCATIONS: (Check them out in AR)

ABOVE ALL INSAS OWN M & A SECURITY (formerly known as Perak Traders) & also bought over FIMA SECURITY for Rm45 million Cash. It has ventured into HK (HK M &A Security)

While Hwang & KAF Share Prices are now at All Time High due to privatisation INSAS is now Trading at Year Low.

So GREAT VALUE HAS EMERGED FOR INSAS NOW!

YES! INSAS IS ANOTHER CANDIDATE FOR PRIVATISATION!

TIME TO LOAD UP!

 

Regards,

Calvin Tan

Singapore

 

KAF-SEAGROATT & CAMPBELL BERHAD (5096)

Company Website
Annual Report
General Meetings

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HWANG CAPITAL (MALAYSIA) BERHAD (6688)

Company Website
Annual Report
General Meetings

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INSAS BERHAD (3379)

Company Website
Annual Report
General Meetings

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Please Invest According to your own discretion.

 

 

 

 

INSAS Was 66.5 Sen when the above article was posted. As of now INSAS is 89.5 Sen. So INSAS is up 34.5%

 

Now on 24th May 2016 TA ENTERPRIZE was traded at 55 Sen. Today TA ENTERPRIZE is 61.5 Sen – up only a mere 11.8%

 

SO TA ENTERPRIZE IS A LAGGARD COMPARED TO INSAS. In coming months Calvin think both INSAS & TA will still go up in prices. Only now TA has an edge over INSAS for the following factors:

 

THE SALIENT FACTORS FOR TA ENTERPRIZE

 

1) At 61.5 Sen with NTA at Rm1.50 TA is selling at 59% Discount to NTA. This is a Huge Margin of Safety as required by Ben Graham at 30% only.

 

2) A look at TA ENTERPRIZE reveals ASSETS OF IMMENSE VALUE IN MALAYSIA, CANADA, AUSTRALIA & OTHERS. Most of these Assets are still sitting on Old Book Value.

 

3) TA has spinned off a Reit in TA Global. And Its Assets are still listed at Old Book Value.

Refer to Annual Report of TA

Damansara Avenue, Bandar Sri Damansara, 52200 Kuala Lumpur. Freehold Commercial

Land Area : 1,707,734 sq. ft… Land Held for Development

Date of purchase 20/07/2005 -…………………………………….Book Value  Rm174,574,082

 

Let’s do a closer study. Land was purchased in Bandar Sri Damansara in year 2005 or 13 years ago.  It is a freehold development land

 

And land size is 1,707,734 sq ft.   Book Value is Rm174,574,082

 

To get PSF Cost divides 174,574,082 by 1,707,734 = Rm102.22 PSF

 

So the Land Costs Rm102.22 per sq ft.

 

A check with Property in Bandar Sri Damansara reveals prices ranging from Rm250 psf to a high of Rm600 psf today

See

 

Bandar Sri Damansara, SD 15, Petaling Jaya, Kepong – Land for sale …

 

SD 9 Corner lot Freehold Bungalow Land, Bandar Sri Damansara …

 

YES! TA will get a fat fee doing corporate exercise for Bonia in its separate listing of Carlo Rino!

And there is a thousand companies TA can earn from!

 

7) TA ALSO LEND OUT MONEY, GIVE OUT LOANS FOR ESOS & DO IPO FOR NEW COMPANIES FOR A FEE

 

Credit and Lending

 

TA Capital Sdn Bhd (TA Capital), is licensed under the Moneylender’s Act 1951. Established as one of the top financiers for Employees’ Shares Option Scheme in the market, TA Capital also provides Initial Public Offer Financing, and short and medium term loans for corporate clients’ working capital and investment purpose.

 

The financial services currently provided by TA Capital are as follows:-

• Employees’ Share Option Scheme (ESOS)
  We provide this financing service for eligible staff of a public listed company for the purpose of subscribing the shares under their Employees’ Share Option Schemes. Our flexible and attractive ESOS financing package offers highly competitive interest rates and loan tenure for the eligible staff of the Corporate clients. TA Capital is a one-stop center for those seeking ESOS Financing as selling of shares are executed through TA Securities, whilst sales refund is credited directly into customers’ bank account.

• Initial Public Offer (IPO) 
  We offer IPO financing for individual and corporate clients to subscribe new shares listed in Bursa Malaysia Securities Bhd (Bursa Malaysia), under Private Placement and Pink Form Schemes. TA Capital provides attractive IPO financing terms based on the company’s profile and clients’ requirements.

• Short and Medium Term Loan Financing (SMT)
  We provide SMT to corporate clients who wish to capitalize their business expansion and individual clients for expansion of their investment portfolio. Our financial packages are customized to the needs of our client with flexible repayment terms at competitive interest rate and pricing. The term loan could be collateralised by shares listed in Bursa Malaysia or by properties in prime location.

 

For enquiries, kindly contact us at:
TA Capital Sdn Bhd
14th Floor, Menara TA One
22 Jalan P. Ramlee
50250 Kuala Lumpur, Malaysia
Tel 603 – 2072 1277
Fax 603 – 2026 8417

 

8) AND WITH BANK NEGARA”S BLESSING BURSA WILL ENCOURAGE MORE YOUNG MALAYSIANS TO INVEST IN THE STOCK MARKETS

 

AS OF NOW RETAIL PARTICIPATION IN MALAYSIA IS LESS THAN 20% SO THE ROOM FOR GROWTH IS IMMENSE.

 

Robert Kiwosaki said that Schools don’t teach Financial Education.

 

MALAYSIA IS NOW MOVING IN THE RIGHT DIRECTION BY EDUCATING ITS CITIZENS IN A MORE SECURED  FINACIAL FUTURE.

 

AND TOGETHER WITH MALAYSIA’S LEAP OF PROGRESS IS TA ENTERPRIZE AT THE FOREFRONT OF RETAIL PARTICIPATION

 

 

9) ONCE SHUNNED BY SPOREANS WHEN ILLEGAL  CLOB WAS BANNED NOW MALAYSIA & SINGAPORE ARE MERGING BOTH MARKETS LEGALLY AS ONE.

 

Think of the Huge Pool of Funds that must emanate from Singapore as a Financial Centre of The Far East. Now no need to sit up nightly to trade Dow Jones into the wee hours of the night. Just up north is a thousand companies of Bursa to invest in.

 

So in coming months, years and decades to come more Liquid Funds from both Institutions & Retail Players from Singapore will join KLSE. TA ENTERPRIZE will stand to reap a Golden Windfall

 

 

10) THIS IS IT! TA Has All The Ingredients to Be A GREAT GROWTH STOCK. It is selling at 59% Discount to NTA giving a Great Margin of safety. Its debts are backed by Highly Valuable Assets still at Old Book Value. Above all it has a P/E of only 2.8

 

SO TA ENTERPRIZE IS BOTH A VALUE STOCK & A GROWTH STOCK

 

GET YOUR HANDS ON TA ENTERPRIZE NOW BEFORE IT FLIES AWAY

 

 

Warm Regards

 

Calvin Tan Research,  Singapore