Buy Time dotCom shares: OSK

Time dotCom Bhd's wholesale segment would be the beneficiary of an increasing demand for internet bandwidth and the rising trend of mobile operators fiberising their 3G networks with an estimated RM3.75 billion market potential.

OSK Research in a research note today said there is a strong upside potential as Time dotCom's share of the wholesale market is a paltry nine per cent of an indicative addressable market of RM1.83 billion.

"We believe Time dotCom's current management team has the credentials to move the company to the next level, after having successfully engineered its turnaround in 2009," it said in a research note today.

It also said the soon-to-be concluded acquisition of three companies with business synergies, should drive the group's next leg of growth, and enable it to ride on the robust regional prospects.

"The purchase would allow Time dotCom to capitalise on soaring demand for international and intra-regional bandwidth, which is projected to hit 4 Tbps by 2020 from 0.2 Tbps currently," it added.

The research house has commenced coverage on the telecommunications company, initiating a "buy" call and a fair value of 67 sen. -- Bernama

Read more: Buy Time dotCom shares: OSK http://www.btimes.com.my/Current_News/BTIM...l#ixzz1aZUE5WRc

still can go oh.....

always do the opposite. when they ask you to buy, you sell and vise versa.

imo, most of they always follow the trend or price pattern rather than predicting. when the price of some counter goes up, they will say BUY but i believe most big fish are trying to dump.

Bears are waiting.. perhaps overslept and forgot to mount attack.

I got kicked out at 1406, that was risk on price but market seems to stop the u-turn
and more bulls are dipping in more than their toes now in the pool.

CI had a strong close. So, I think it may continue to climb upward from here.
1450 is definitely the next target.

I'm going to wait for opportunity for it to turn south. Not shorting at this moment.

So, enjoy the ride! Hope everyone makes money!

This post has been edited by danmooncake: Oct 12 2011, 09:19 PM

honestly bro... i already dumped all of my Timecom..... i don't dare hold longer... hehee...

i sold @ 0.52... although the closing price is 0.54... but seriously i got no gut.... hahahaaaa

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Added on October 12, 2011, 9:45 pm

brother.. how your US stocks? should be earn more than local equities right? heheee..

enjoyyyy ! huattt ar !

This post has been edited by kueyteowlou: Oct 12 2011, 09:45 PM

After 1450, it will be 1475. 1450 also coincide with Bollinger band and 50-SMA. Strong resistance ahead. Bull bear tussle.

US side is doing great.. still in nice trading range.

suddenly everybody turn bullish
did everybody happily make quick bucks these past few days? or rather starting from last Thurs?
I was too bz with work couldn't have the time to make quick buck..
congrats to the ones that did

p/s: I still think we are going into recession by next year

This post has been edited by Superman7: Oct 12 2011, 09:57 PM

Thread 101 coming soon. Since we're getting bullish I dun feel like creating thread 101. I feel not excited anymore due to bulishness. Lol

i did silently reading all your posts.. and filter with my mind.. lol..
seems like you are quite experience on US market... learning learning from what you post.. maybe someday can apply to my strategy.. hehee

if one believes in this TA, then it serves as an indicator for one to sell his/her position when it reaches the upper BB.

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Added on October 12, 2011, 10:18 pmhehe always buy first before anyone recommend...

This post has been edited by primepeng: Oct 12 2011, 10:18 PM

Yes sir..

We survive 1420 and close strongly at 1428.
1450 next...
That would be the real test for the bull / bear

This upper band bollinger is chun one. Most if not every time after kena this band, the price will move down. It needs to stay there a while for the band to turn upward to next resistance.

S&P500 also reaching its upper limit liau.

I believe selling point can reach upper band in at least two days or more.

hmm, mine up 3 % for this few days ..... hopefully can remain up UP UP .....yahoo ..... mine overweight on reits

Maybe by Friday can reached ad.

The market can only concentrate on one news at a time. Now it is on Europe. Bad news ignored. Only neutral and good news will be taken into consideration by bulls.

I better go back to my bunker. Not buying or selling lately.

Still sharping its claw.
I'm searching for the cheapest online futures brokerage to try out my first futures shorts soon.

Hopefully by 1450, all my portfolio can fully recovered.

abt 35%, spend 15% at 13xx,

yup...
not sure abt GasM though... not very interested...

yah... i remember.. i everyday Q 84,85,86... but it went 87,88,89... /puke blood
was big mistake for refusing to pay for the 1-2c, i tot it would fall because of low yield (7%).. but I didnt know Jeff has bigger plans for Sunreit..
soo.... just need to scan Pavreit prospectus carefully to see if they plan to expand along the way or just collect rental from Pavilion...

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Added on
hmm Dax closed just shy of 6000... hopefully will break it tomolo...
Uncle Dow touches SMA50... KLCI will sure follow closely (woof woof). That means 1450 is more or less a sure thing already... (imo)
exciting time has just started.. whether we can break the bear trend depends on these few days.. gogogo!
i'm happy regardless it's a bear or bull mkt.. what is important how u look at it and what action u take

This post has been edited by mopster: Oct 13 2011, 02:07 AM

Guys,

Here's a tip for everyone.

So, we all know.. 1450 is the next target price and I'm sure some bulls will turn to bears to take profit.

If you're thinking of taking profit when only that price target is met.. you may not see it at all,
because the smart money may sell ahead before this number is reached to avoid everyone rushing out the door.

What I'm saying is one needs to be "flexible" to take profit and if you've not done anything since riding it up from 1310... then you need to ask yourself.. are you BULL.. or being a PIG?

You all know what happens to PIGs in this kind of market, right?

That's all I have to say.

Good luck to all and trade safely!

This post has been edited by danmooncake: Oct 13 2011, 02:10 AM

haha yah...
all the smart$/hot$/sharks should've started with light distribution already...
i also see it as an opportunity to lighten up.. whether it breaks 1450 is another story, it wont break so easily imo not without a good fight with the bears
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woooooo
Uncle Ben and Gang did considered QE3 in the previous meeting.. wahh no wonder mkt jump on the minutes release.. no one buys on Fundamental/Outlook.. all buy on QE3.. LoL... not a FA mkt out there...


This post has been edited by mopster: Oct 13 2011, 02:37 AM