I did not mention that co would go bankrupt. You say it.

But beware of some PN 17 conditions that Bursa might have.

3rd Aug, second board also can listed as main board, you say leh.

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Added on July 18, 2009, 11:05 pmno body is proud of holding the stock. I just want to punch back, that's it.

i think 99% celcom already decided cut relationship with compugt. because celcom already directly announce to the small reseller there will be a revision of commissions.

This post has been edited by ZPOW: Jul 18 2009, 11:12 PM

COMPUGT is well-known as a high risk counter..
so don't expect it to perform too well, it's just like going to GENTING..

So, ZPOW is a remisier. I see.

The reasons are:
1) MM is a bad guy. He must have been pushing down the shares on purpose and then swings it up again.
2) They have back-up values
3) SIS/ Competitiors might buy up the company.
4) It is not possible to go bankrupt.

What else are the reasons? These are rebuttals:
1) A bad guy that needs RM200K share margin facilities. He has deep pockets?
2) Back-up values? If you mean intrinsic value, then sorry tak ada.
3) Competitor is likely to take over the company. If I were the competitor, of course, I would do a due dilligence and pay only to shareholders fair value. So, I will require the company to go through a capital reduction exercise to push it down to what I think is a fair price for me to pay. With NTA fair value of 2sen, it will go through a 4.5 share to 1 share capital reduction based on latest book value. So, market price will drop to new fair value if that happens. Then, you take a hair cut.
4) It need not go bankrupt to cause you financial nightmare. PN17 first, then capital reduction if there is a new buyer with new biz. MM need not push up the share price for him to gain. If he has new biz, he can do it by using compugt money to pay for his company with new biz, leaving some goodwill on the book again. He can also do it after conducting a capital reduction exercise. His thrid option would be to abandon this company by selling the share off and start a new biz using another company.

A company with market price of 7sen normally is deemed in relegation zone like in Premier league. They must fight for survival on a daily basis. I opened their website and found no pictures or profile of directors or management team.

Because of all the above and earlier issues, I said this company seems to be running on sand. A turnaround takes time. Market sometimes react irrationally due to exuberance but in the long run and by human nature, it cannot run away from its fair value.

Absolutely, very obvious wat... SC and Bursa already shortlisted them as top 3 to watch closely, and keep bugging them till the DGoh give up the 1% and hide behind.

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Added on July 19, 2009, 12:02 amYou think what you said is fact? nono... same as mine. You are... remisier? nono... probably is spy from MM want more ppl to throw...

This post has been edited by ZPOW: Jul 19 2009, 12:02 AM

Wow, you really are so entrenched in your position. Goodwill's fair value is based on profit forecast. You have stated some value for the goodwill. Can you elaborate what basis was used to arrive at that value?

who said is based on profit forecast?
dont make false statement here. bugger

can the moderatoer come in pls? this fellow truely wanna make problem again... now start to talk false statement already, wanna distract ppl is it?


on the other hand, what for you keep on attacking on the fundamental? didn't we already tell many times, we buy it because of MM game?

can I remind you again, I bought Genting and YTL which I will never throw it, because of it's fundamental?

can I remind you again, we buy this because of speculation and insider news?
we also warned that many news can be a rumours?

what for you try to insult ppl here? and keep on making false impression that the company is going to PN17? which might not happen?

we discuss about the situation and progress everyday here, did you ever know our discussion?
or you simply want to prove that fundamental is the only way in buying stock? warren buffet fans? you can ask standley to send you a pic tou...

if after all these explanation, you still want to argue on the fundamental, i can believe that you have purpose to influence ppl to throw here.

This post has been edited by ZPOW: Jul 19 2009, 12:34 AM

compugate really a hot topic to argue...

http://forum.lowyat.net/topic/649857/+680

this topic also pretty hot, perhaps you all also can give some opinion too. C4 blast and kugan beaten to death, now poor Teoh. he is my gf senior from UKM. Really feel very very mad.

This post has been edited by ABC2020: Jul 19 2009, 12:57 AM

I was telling you the only way goodwill can be assessed: profit forecast. There is no other way. You said you have a value for it but instead of elaborating it, you ask dissenting voice to disappear and moderator to ban me. I really don't understand. I tried to lend substance here as I see a lot of chatter here was unsubstantiated. Your taking offense is unreasonable.

Zpow,

CKC and others merely analyse the weak fundamental of the company (No profit no dividend). As said before, if you are not fundamental play on this stock and merely for speculation purposes as stated before, there is nothing to defend or argue on it.

About goodwill value, most forumers get it right, goodwill is not about value of its listed share or listing status, in fact nowadays listing status is not valuable like last time out. Goodwill is non-tangible asset which can be worth nothing if the company name or company itself doesn't valuable in the first place means the company name itself must able derive profit out of it. Just like Coca-cola, its name is a selling point which can make profit for you, there where the goodwill worth come from.

Goodwill under new accouting rule needs to be amortised, as goodwill cannot be properly judged and it is much fair to be amortised.

In term of fundamental discussion.
A company asset > liabilities is not good enough to prove it is a solid company.

A solid company is always means strong cashflow and profitability.

If a company cannot make profit for the shareholders, why shareholders want to invest in the company that derive zero return? Better keep in FD, right? That's the basic of investment fundamental. We invest in a company and wish the company can yield return much more than FD rate, that's the most basic fundamental.

That's why we have lot of company NTA is 4.00 but share price is at 2.00, because company cannot make much profit although asset value is high because there is no point for minority shareholders to have unless those asset value can be turned into cash and returned to the shareholders. The situation is same you own a shop lots worth 500K but no tenants demand, there is no point to buy at 500k even market value is 500K unless you can cash the 500K.

A share price is a reflection/prediction of company future ability to derive the profit as mentioned. Yes, short term wise share price can fluctuate way beyond/below the fundamental due to supply and demand or gorenging, rumour etc., that's where people can take opportunity to speculate and gain money out of it. But it is not sustainable in long term basic. Without fundamental backing (profitability) the footing of share price is not strong.

So if you are in the camp of speculation as said, I don't see why need to argue on fundamental side, to say it is a solid company.

Speculation is different ball game than fundamental play.

We welcomed both side of story, I don't see it is an insult in carrying discussion in opposite what you think about it.

You can say it is a solid company with xyz asset under their account fine.
Other can say it is a weak company with weak cash flow, fine.
Another can say its asset is not a solid figure due to xyz factor, fine.

All are meaningful discussion as long as those figure is right and exactly from their account, whether it influences others to buy or throw the stock or not doesn't matter, as share price won't move because one said bad or good word about it.

I don't see much an issue on this thread discussion. Opposite opinion is a norm, that's why we have buyer and seller all the time on both side. A half glass of water can be said half full or half empty, both are right statement, but whether eventually it will become empty or full, nobody knows. So if it will be emptied afterwards, half empty will be seen right so does vice versa scenario.

Cheers.

What a great powwow.

The fundamental of the company has been debated to death. I don't think it will add any value to all the investors reading this thread.

What we really need is information - insider information. Does anyone have friends at Celcom or Compugates at senior level? If yes, please go and verify some of the information. Does anyone know the MD or DGoh personally? Go and get some information from him. That will really help.

I doubt any direct information from the MD or DGoh can be of any help. Even if the info is true, who dare to believe. But I think, information from the non-involved executive of the two companies may help.

I already shows how it is calculated there, you read back, and stop distracting it to your means. now you sound more like a lawyer.
by the way go read back your textbook, it is not only profit forecast.

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Added on July 19, 2009, 8:17 amthat's correct. that's what i keep telling him also.
why should he keep on adding some ingredient to insult ppl?
pls read back when i started to fight him back, and what's the reason.

he first come in dun even know what happen to compugt and dun even know it's profit or loss, then say ppl stubborn, naive, chukoo

regarding the goodwill i also simulated if sky said to write off, but that can only happen if bursa ask them to cut 50% issued share, which is impossible, so what's the problem if it stay there? it is not related to anything at all.

correct we are in the camp of speculation, how many time i have to tell him not to insult ppl who is not buying based on fundamental on this counter?
who dunno fundamental? is he come in to teach 101 accounting? and selling warren buffetism?

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Added on July 19, 2009, 8:32 amdear omimi

celcom is 99% confirmed to cut relationship, as I posted.
debate or not still same, who dunno it's top listed high risk company

This post has been edited by ZPOW: Jul 19 2009, 08:52 AM

I am sure the words from the Horse's Mouth is to buy Compugates by all means, even it is to sell your house away.

It is an open secret that they are dumping their shares in the market in bulk. Check the data.

Experienced traders or investors do not totally believe in insiders' information.

Which CEO sincerely advises you to leave the boat , simply when it is sinking ?

It is highly dangerous and may lead you to Holland.

To Compugates Investors . Study the facts and figures first, if you still want to travel to Holland with him.

This post has been edited by SKY 1809: Jul 19 2009, 09:02 AM

i am not sure about Omione intention, but what I see is he is seeking for more data. Not to influence ppl like you.

By the way he got no horse mouth because he is not horse.

We was here to discuss about the progress when we started to join this thread.

If you are here to influence ppl to throw, please have your stand clear, if you are here to save ppl from risk, that's fine, but dont insult other who is seeking more info by playing speculation. Stop selling warren buffetism and insult ppl.

if you are not happy to live in the speculative gang, pls leave us alone.

by the way, you go sell digital gold better, it's much safer than stock. I got invest into that too...

This post has been edited by ZPOW: Jul 19 2009, 09:13 AM

Well, My message is not targeting at those Hi Tech " Water Fish ", but those uncles and aunties that have been grossly misled.

These people are lacking in education and needed to be well informed.

Just a sincere reminder, this is not your private forum.

Create your own private forum elsewhere with your Hi Tech Knowledge.



This post has been edited by SKY 1809: Jul 19 2009, 09:15 AM

well... who is water fish yet also dunno. you want insult more, go ahead. By the way, bookworm, go finish your PhD.

yes, you should create your private forum and ask 101 student to join and let you con to throw to cut loss.

by the way, i am not interested to ask ppl to sell or buy, what our initial intention here was to discuss and get more info.

some of you come in just to insult ppl and influence ppl to throw... i wonder what's that motive.

This post has been edited by ZPOW: Jul 19 2009, 09:26 AM

SOLD OUT. NO MORE SHARE...
I JUST FOLLOW THOSE WHO JUMPED OUT OF THE SINKING SHIP.
NEXT WEEK THE SHIP WILL SINK FURTHER. BUT ABSOLUTELY THE SHIP WILL NOT TOUCH THE BASE OF THE SEA.
CUT LOSS MAAA......

yea me too... I think I should sold out too. what to do, our booksmart/worm is geek mah, they are the Saviour, save me out from sinking boat.

This post has been edited by ZPOW: Jul 19 2009, 09:28 AM

SURELY, THE STUBBORN WILL FACE BIGGER AND SHARPER FALLING KNIFE FROM A HIGH PLACE NEXT WEEK.

haha... you also want to add ingredient.. fine. how much u loss on throwing? i remember you said, purchase around RM150k