i found that quite a few stocks practicing buyback late few weeks. Fajar, daibochi, bkawan...

still laggard gua...

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Added on November 16, 2010, 10:00 am

I do think over subscription is true. I also didn't get it. As long as I heard, all I heard are people not getting it. 

it live in my portfolio for quite a while. Good fundamental and good div for construction counter 

But laggard

i saw some news about they might get the Kelana jaya line second phase project

haha fajar is a well known laggard. but just really curious as to why they're resuming share buyback just when prices started drifting up.
i smell something fishy

I apply PCG as well... get all...

To trap people like Kenm*rk?

Now I kind of agree with cyhew about liking of laggard stocks. I hope Fajar is one of them. 

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Added on November 16, 2010, 10:16 am

congrats! 

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Added on November 16, 2010, 10:17 amgreen...

you're comparing Fajar to Kenmark?

fajar's accounts are a million times more realistic than kenmark's.

haha, the way you quote seems like an insult... 

but laggard stock does not mean it wont rise, just lag, slow and steady

Just joking....not an insult...but really when I recall the scene...I almost LOL

this morning, i got a call to keep my kulim and dont sell . 

tell u...
p&o and timecom is gem now...

Time dotCom is undertaking a RM339 million acquisition exercise of several companies in the telecommunication services and infrastructure industry in a bid to transform itself into a regional player. As part of the corporate exercise, it is undertaking a share capital reduction, capital repayment and the acquisition of four companies as it seeks to expand into the regional telecommunications industry.

The exercise involves a share capital reduction of its paid-up of RM2.53 billion, comprising of 2.53 billion shares of RM1 each by cancelling 90 sen of the par value, followed by a share consolidation of the 2.53 billion 10 sen shares into 506.15 million shares, on the basis of five shares of 10 sen each to one share of 50 sen each in Time dotCom.

Time dotcom also entered into two memoranda of agreements with the shareholders of Megawisra Sdn Bhd and Global Transit Ltd (Labuan) to acquire four companies for a total of RM286.5 million via the issuance of new shares and RM38.4 million cash.

The four companies are Global Transit Communications Sdn Bhd for RM106 million, Global Transit Ltd for RM105 million, Global Transit (HK) Ltd and Global Transit Singapore Pte Ltd for RM1 each and AIMS Group for RM128 million in cash and shares. It also proposed a capital repayment of RM50.61 million or two sen per TdC share.
Is this not good for Timecom? It's a correct direction, no? How come it seems to be opened in red sea? 

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Added on November 16, 2010, 8:57 am

Looking ok for far, looks like gonna opened in green. 

Share capital reduction is one of worst news for shareholders.

10 lots become 1 then being consolidated back to 5

I am surprise it doesn't sink more on this news.

Yeah, I wonder if it is bad news for timecom? Seems like a good news to me...
Thinking of buying timecom on weakness.

Yeah...was surprise it did not crashed. What is the limit down limit for penny stocks?

Share capital reduction is one of worst news for shareholders.

10 lots become 1 then being consolidated back to 5

I am surprise it doesn't sink more on this news.