its strange that with such bad news, there are still people queuing to buy at 0.07! This counter totally freak me out!!

the director still support it.... good new!!!!!

ya...there is quite big volume queuing to buy at 0.07....weird weird weird....but hope it dont drop...

The support still there .. 0.07 and as well as 0.065 ..

Patiently monitor ..

Ominone and takashi looks like what we discuss may be on target ..

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Added on July 17, 2009, 9:11 amooops wrong thread paiseh

This post has been edited by .:BreT:.: Jul 17 2009, 09:12 AM

It is a bad news but not as bad as you think ..

First .. celcom intention want to terminate the deal .. but there is 14 days period .. yes, compugt may lost the deal which may reduce the profit 300million as per dec 2008 .. but it may be end up in legal where celcom may need to compensate a big amount of money to compugt for the termination .. we not sure what will be the compensation but i will see no a small amount ..

so question is , whethher the deal will still on .. or compugt will get compensation ..

But as i said, if u not comfortable holding this stocks .. just let it go ..

I scared if Celcom terminate, then TM also follow !!! THen it's gonna sink!!!

congratulation..... the new does effect the share price....

it shake off another bunch of ppl wanna throw total 500K lots...

i am curious

so far has anyone manage to buy at 0.07 sens and sell at 0.075 or 0.080?

Already Jump out from sinking Ship
1. ABC2020
2. Sky

For those who still hanging on ... mind you the ship do not sink slowly, it will break into 2 and disappear so fast that you can't even have time to cut loss.

Celcom definitely will terminate Compugates services.
Compensation .... in your dream maybe. The whole termination stem from compugates fault.
Not only compugates will lost Revenue ... but the GOODWILL which make up 45% of net tangible asset will take a hit !
Without Celcom, compugates business model will crumble, and become less efficient and effectiveness.
These will affect their service to others current customers ... and this customers will terminate compugates service too.

No worries, that's the kind of fear and worry the MM wants to chicken out the last of the retail players and dump more into their hands. The controlled release of news and fear monger (nagisa et. al) is all part of their wayang. Do you think the MM will let their efforts go to waste now after all this time?

Most small players come into compugt knowing that it is a goreng counter, ie. fundamentals & TA don't apply here! This one defies logic! Just look at today, after yesterday's fundamentally shocking news that would normally rip up other counters, this one treats it like any normal day

first the MD margin line.
now the distributorship at stake.
follow on will be either goreng up or close shop....

Smartly... what is your suggestion now ?

A: Hold
B: SELL
C: BUY MORE

I must admit holding this share is like gambling now. fundamental/logical analysis all not working here.

Interested taking up our options to buy any amount of COMPUTGATES shares @ $0.05 from 1 Sept onwards for $15,000 upfront premium?

i pick A for those already on board.

will pick C if it ever reach 0.05sen.

I hope Bursa will query compugates about the reason for the termination.. so that investors will have better information.

ya... the MM disclose abit but not another bit. Why not upload the letter. What's the reason for disclosing in the first place. MM truely having fun huh...

I think its an immediate announcement required under Bursa Listing Requirements. I also think that since it will affect the revenue of the co, they should give more details lor.. how can jz say ' celcom terminate us and our bulk of revenue is from them.'