TA ENTERPRISE BERHAD (TA)

This Finance company is a little bit different from other 'finance' classified companies in Bursa Malaysia. This company has its property division as 'insurance' against slow down in financial services market in Malaysia. It is also in expansion mode trying to penetrate Vietnam financial services market.
Its property division is doing well.
The result shown below is the proof that its property division is contributing quite significantly in its coffer. Up to 3Q accumulated profit already surpassed last year's whole year profit. Accumulated revenue also at the highest level. The fourth quarter result to be announce in March.
Its share price topped in Feb-2007 and has been in downtrend. Let's watch when this counter will reverse.