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 ASIA MEDIA GROUP , // Not a China based kompeni //

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kb2005
post May 10 2011, 12:32 AM

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QUOTE(bhlim24 @ May 9 2011, 09:26 PM)
ASIA MEDIA GROUP BERHAD (“COMPANY”)

Update on the announcement dated 11 March 2011 in relation to a potential acquisition

Further to the Company’s announcement dated 11 March 2011 to clarify on the Company’s potential acquisition of a company based in Singapore which has secured the broadcasting licence in Singapore (“Potential Acquisition”), the Company wishes to update that after several months of negotiation, the Company is unable to agree on the terms of the Potential Acquisition and as such it has decided not to proceed with the Potential Acquisition.

The Company will continue to expand the Digital Live Transit-TV Broadcasting business in Malaysia and to explore other overseas expansion opportunities.

This announcement is dated 9 May 2011.

Source : http://www.klse.com.my/website/bm/listed_c...ments/index.jsp
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Hope it won't impact much on tomorrow share price.
andrewckj
post May 10 2011, 10:35 AM

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QUOTE(kb2005 @ May 10 2011, 12:32 AM)
Hope it won't impact much on tomorrow share price.
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It's not affected..no worries~!
Bonescythe
post May 10 2011, 10:39 AM

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QUOTE(kb2005 @ May 10 2011, 12:32 AM)
Hope it won't impact much on tomorrow share price.
*
Few possibilities..
1.) Already factored in before the news got released.
2.) Rock bottom already
3.) Still have confidence..

Anyhow.. Just hold for mid term and see smile.gif

Cheers
kb2005
post May 10 2011, 10:46 AM

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QUOTE(Bonescythe @ May 10 2011, 10:39 AM)
Few possibilities..
1.) Already factored in before the news got released.
2.) Rock bottom already
3.) Still have confidence..

Anyhow.. Just hold for mid term and see smile.gif

Cheers
*
I am planning to hold it. mid or long term not yet decided. I will see how it goes. thanks for your feedback. biggrin.gif
Bonescythe
post May 10 2011, 12:36 PM

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QUOTE(kb2005 @ May 10 2011, 10:46 AM)
I am planning to hold it. mid or long term not yet decided. I will see how it goes. thanks for your feedback. biggrin.gif
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Different individual different appetite. Make sure you still have your strategy and plans for it.. smile.gif
kb2005
post May 10 2011, 01:34 PM

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QUOTE(Bonescythe @ May 10 2011, 12:36 PM)
Different individual different appetite. Make sure you still have your strategy and plans for it.. smile.gif
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Haha. You're right bro.
ikah
post May 10 2011, 02:19 PM

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Attached File  Asia.pdf ( 314.81k ) Number of downloads: 71

cdspins
post May 10 2011, 02:20 PM

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Wah.. new low reach
simplesmile
post May 10 2011, 02:27 PM

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Does anybody know how the company plans to finance the RM500 million expansion? Rights issue? Private placement? Borrowing?
escargo75
post May 10 2011, 09:08 PM

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Amedia hit new low....I think this Ace market share will go sideway for sometime before it got any chance to go up if it ever go up. Ace market share always not on investors radar even with very good potential...my two cents.

You need very strong rumours or news for people to goreng laugh.gif
shoduken
post May 10 2011, 10:31 PM

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yup.. it have trapped many investors from 0.30 above to low 0.25.. i think it will keep trapped them for funds until company is showing progress ^^ this is what I think, judge on your own..
SUSMNet
post May 10 2011, 10:46 PM

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this is what i call the effect of sheep flock

ppl buy u also buy

now see wat happen
nasni
post May 10 2011, 11:21 PM

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QUOTE(MNet @ May 10 2011, 10:46 PM)
this is what i call the effect of sheep flock

ppl buy u also buy

now see wat happen
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like they said herd mentality,


me included sad.gif
Lover
post May 10 2011, 11:26 PM

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if dis stock start earn money den u all wont say like dat d =D
Bonescythe
post May 11 2011, 12:07 AM

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Persevere
SKY 1809
post May 11 2011, 08:32 AM

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QUOTE(Lover @ May 10 2011, 11:26 PM)
if dis stock start earn money den u all wont say like dat d  =D
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Yes you are right.

I do not discount the possibility of someone big is collecting this stock in view of its good prospect through the current bear market. They are happy if more sellers want to dump at them at current prices.

Our govt body just bought over 15% of Focus Point, and someone collects quietly 5.2% of E & O.

The CEO cited some parties ( local and foreign ) approach him for having an interest in Amedia.

There is no guarantee that the price is to go up in current bearish market but the financial performance of the company is on the right track, or exceeds expectation.

One should not judge a stock in a relative short term, and contra trade is not encouraged and likely to lose money. For those who want to get out of Amedia, there is no stopping also.

For those who buy and hold, there is still a good chance of making the money.

Let us wait for their 1Q results which is coming out this month.

Regard to you, and sharing my humble analysis ( only to those loyal supporters )

This post has been edited by SKY 1809: May 11 2011, 08:48 AM
kuluuluk
post May 11 2011, 09:07 AM

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QUOTE(SKY 1809 @ May 11 2011, 08:32 AM)
Yes you are right.

I do not discount the possibility of someone big is collecting this stock in view of its good prospect through the current bear market. They are happy if more sellers want to dump at them at current prices.

Our govt body just bought over 15% of Focus Point, and someone collects quietly 5.2%  of  E & O.

The CEO cited some parties ( local and foreign ) approach him for  having an interest in Amedia.

There is no guarantee that the price is  to go up in current bearish market but the financial performance of the company is on the right track, or exceeds expectation.

One should not judge a stock in a relative short term, and contra trade  is not encouraged and likely to lose money. For those who want to get out of Amedia, there is no stopping also.

For those who buy and hold, there is still a good chance of making the money.

Let us wait for their 1Q results which is coming out this month.

Regard to you, and sharing my humble analysis ( only to those loyal supporters )
*
Totally agree!!! when making $$$ all keep quiet and no TQ TQ... but once in red, all finger pointing and noise.... . Now no more contribution to fello members who like to learn quietly from the contributor.

Anyway note:- Many says keeping mid-long term undervalue gems will only show its value. If you want short, go genting. thumbup.gif
hibino55
post May 11 2011, 09:17 AM

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QUOTE(SKY 1809 @ May 11 2011, 08:32 AM)
Yes you are right.

I do not discount the possibility of someone big is collecting this stock in view of its good prospect through the current bear market. They are happy if more sellers want to dump at them at current prices.

Our govt body just bought over 15% of Focus Point, and someone collects quietly 5.2%  of  E & O.

The CEO cited some parties ( local and foreign ) approach him for  having an interest in Amedia.

There is no guarantee that the price is  to go up in current bearish market but the financial performance of the company is on the right track, or exceeds expectation.

One should not judge a stock in a relative short term, and contra trade  is not encouraged and likely to lose money. For those who want to get out of Amedia, there is no stopping also.

For those who buy and hold, there is still a good chance of making the money.

Let us wait for their 1Q results which is coming out this month.

Regard to you, and sharing my humble analysis ( only to those loyal supporters )
*
Yeah, well say. Will stay tune for the mid long term. If got earn, sure will share the glory here tongue.gif
SKY 1809
post May 11 2011, 09:18 AM

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QUOTE(kuluuluk @ May 11 2011, 09:07 AM)
Totally agree!!!  when making $$$ all keep quiet and no TQ TQ... but once in red, all finger pointing and noise....  . Now no more contribution to fello members who like to learn quietly from the contributor.

Anyway note:- Many says keeping mid-long term undervalue gems will only show its value. If you want short, go genting.  thumbup.gif
*
ya I agree with you.

too many contra traders may spoil the soup, and yet they would put the blames on others.

That is the disadvantage of sharing over here.

This post has been edited by SKY 1809: May 11 2011, 09:19 AM
Bonescythe
post May 11 2011, 09:28 AM

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QUOTE(SKY 1809 @ May 11 2011, 09:18 AM)
ya I agree with you.

too many contra traders may spoil the soup, and yet they would put the blames on others.

That is the disadvantage of sharing over here.
*
Continue to persevere..
Wait for the corporate presentation. smile.gif

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