Hi guys,
I first bought Talam at Rm1.00 when Dr. Neoh Soon Kean recommended it in his monthly digest more than a decade ago.
At that time Talam with its sister company Brisdale were doing well. And Talam was also giving a nice 4 sen dividend then.
This is one of the few Stock that Grand Master Champion Sifu Dr. Neoh's recommended which did not turn out as expected.
Of course Dr. Neon recommended SKPres which went up 1,000%. Also many others that gone up 500% to 800% over the years.
After buying Talam it crashed from Rm1.00 to 10 sen. A horrible drop of 90% & went into PN17.
I had 10 lots of Talam then. And from Rm10,000 it dropped to Rm1,000 (90% wiped off, how to recover from losses?)
Ha! Talam proposed 1 for 3 shares split.
Now I noticed that KEuro (Now WCE) is the Top Owner of Talam. And IJM took Huge Position in KEuro.
And so IJM being owned by EPF has put a leg into KEuro. And KEuro in turn has a leg inside Talam. So I deduced that Talam should have a 60/40 chance of survival. So I bought more Talam Shares at 10 sen. I also bought KEuro at 27 sen then. KEuro was supposed to get the West Coastal Highway from Klang to Lumut then.
And I was correct. KEuro went up in price to 81 sen for a nice 200% gain.
Talam after split rebounded in price. So I sold off Talam & recovered from all my losses. Above that, I even made 200% from KEuro.
More than 10 years have passed & Talam now renamed TalamT has fallen back to only 4 sen.
I took another look at TalamT as it has lots of Land Banks in Bukit Beruntung & Bukit Sentosa (Total of 2,200 acres of freehold lands still at Old Book Value)
So many years have passed & properties & lands in KL, Penang, Selangor & even Johor have gone up by 200%, 400% 600% & in some cases by 1,000%. Tebrau Teguh was once 10 Sen. Today name changed to IWCity it is over Rm1.50 (Up 1,000%). Same goes for Focal Aims. It was only 11 sen in 2009. Today its name has changed to Ecoworld and price shot up 4,000% at one time.
So TalamT is a totally bombed out counter. Totally overlooked, unloved, unwanted & forsaken.
Herein, lies its potential now.
Why NOW?
BECAUSE GEELY WILL SIGN JV WITH PROTON TOMORROW (THIS FRIDAY, MOST PROBABLY)
If so the Assets of TalamT in Bukit Beruntung & Bukit Sentosa will see better days ahead.
My Friend Mr. Pang bought 2 shophouses in Bkt Beruntung more than 15 to 20 or more years ago. He bought it because of 2 rumours. Either or both New Airport & Bus Interchange will be built in Bukit Beruntung. So the opportune time to buy is before
KL Subang Airport relocate near Bukit Beruntung. And the prospect of shifting PUDURAYA BUS TERMINAL TO BUKIT BERUNTUNG FOR ALL OUTSTATION BUSES TO CONVERGE.
Alas! Both news were fake. Subang Airport shifted to Sepang in stead. And PUDURAYA BUS INTERCHANGE Relocated to Bandar Tasek Selatan. And so Mr. Pang's 2 Shop Houses in Bkt Beruntung were left in limbo. No buyer & no tenant for many years.
NOW WITH THE IMPENDING JV BETWEEN GEELY & PROTON TO BE OFFICIALLY SIGNED THIS FRIDAY - There will be a Titanic Shift of PROTON'S PRODUCTIONS FROM SHAH ALAM & GLENMMARIE With Its 60,000 Staff to PROTON CITY in Tg Malim.
15 Vendors And Parts Manufacturer that Supplied Parts to Proton will also relocate their factories to TANJUNG MALIM
These Are The 15 Vendors Listed by FOCUS Mag
APM Automatic Holdings Bhd
Atlan Holdings Bhd
DRB-HICOM BHD
EP MANUFACTURING BHD
Globaltech Formation Bhd
HH Industries Bhd
Kumpulan Jetson Bhd
MCE Holdings Bhd
MBM RESOURCES
Paragon Union Bhd
Pecca Group Bhd
Sapura Industries Bhd
Scientex Bhd
SMES Corp Bhd
UMW Holdings Bhd
So many factories will relocate to Proton City.
And with Increasing Population the Demand for Shopping, Housing, Services & Others will increase.
Prices of Real Estate here will skyrocket.
When Pengerang's RAPID was launched - 70,000 skilled & semi skilled workers flooded Sg Rengit & Desaru for housing needs. The Prices of shops, houses & rental shop up by 300% to 400%!
The same pattern will happen to Lands Surrounding Tanjung Malim State & PROTON CITY in particular.
A check with the 2,200 ACRES of Freehold Lands owned by TALAMT in Bukit Beruntung & Bukit Sentosa reveal that their cost per sq ft is below Rm5 psf to as low as only Rm1.50 psf.
As development & the WHEEL OF FORTUNE & THE WHEEL OF INDUSTRY MOVES UP NORTH
The Assets of TalamT in Bukit Beruntung & Bukit Sentosa will move up in tandem.
TalamT's price is 4 sen with NAV over 8 sen.
And all its Assets, Shophouses, Highrise Offices & Lands are still at old book value
Already selling at more than 50% discount to NAV. The prices & prospect of TalamT's Lands in Bkt Beruntung is bound to go up.
Calvin is now turning bullish on TalamT & call for a buy at 4 sen.
This is better than Mr. Pang who bought his shophouses in Bkt Beruntung years back.
For now the Prospect and Turn for TalamT - whose time has finally come.
Please invest longer term to see value emerge
Calvin has a modest target price for TalamT at 8 sen - equal to 100% upside
Btw - TalamT's orginal founder Mr. Chan has bought huge quantity of TalamT at 8 sen not too long ago.
So the target price of 8 sen is very possible in view of the coming Boom Up North.
Best Regards
Cheers
Calvin Tan
Singapore
http://klse.i3investor.com/blogs/www.eaglevisioninvest.com/125901.jsp
