at the time i write this blog, TAGB/5158 had surged to 0.330. to me, this is purely insider trade with trading volune of 36k lots just to push up 7 percents gain.
as i mentioned, TAGB, they still need experience and better CEO in managing the property company in klang valley. they are too many competitions in klang valley.
in addition, they have limited landbank, with the most prominent is Damansara Avenue and 1 acre land nearby Ampang.
they are not aggresively acquire any land in iskandar johore nor penang. obviously, to better enhance the company profits, a property company needs to be courage enough to explore johore and penang in order to stay fit and competitive among similar sector.
why i don't like this piece of rubbish ? the answer is, the huge number of outstanding shares, which stand at 1.4 billion market cap.
remember, this is a counter that debut listing at 0.50 and end up with 0.33 as for today.
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