I am getting close. Not yet.

I aim to achieve financial freedom by 31 years old. 

yok70,

Regarding the reports you have been posting, please note what was written at the bottom:

Boon gor,

other than that inverted hammer.. everything looks so-so only...

inverted hammer showed that the stock is slowly moving up.. but as a Trader, we might need to look at volume.. we don't mind to buy high sell higher right?

aiya.. Reward percentage ...

I would look for first resistance @ 1.92 and then RM2..

cut loss RM1.75..

KUALA LUMPUR: Public Investment Research (PIV) has initiated coverage on Telekom Malaysia Bhd with a "neutral" call and target price of RM6.55.

Read more: PIV: TM's earnings prospects appealing

Despite the modest call, the firm said the fixed-line operator's earnings prospects look appealing over the next few years.

"Though its earnings prospects look appealing for the 2012-2014 period, we opine that current valuations have fully factored in the positive growth.

"Projected dividend yield is also no longer attractive, yielding only 3.4 per cent which is the lowest among the local telecommunication players," PIV analyst Chong Hoe Leong noted in a report.

Chong highlighted that TM is not likely to be burdened with its commitment to pay out at least RM700 million in dividends annually.

"Though in a net debt position of RM2.2 billion, we opine that the dividend payout is unlikely to be an issue given its RM3 billion operating cashflow a year.

"Despite the hefty capital expenditure budget of about RM2.3 billion a year, we do not see the need for the group to leverage its assets nor eat into its cash reserves for dividend payments," he explained.

TM's current valuation is not cheap, Chong said.

"On a regional comparison, TM's valuation is not cheap. Its forward 2013 PE (price earnings) is at a steep 68.5 per cent premium to the average regional telco players while its 6.4 times FY13 EV/Ebitda is at a 10.1 per cent premium, despite lower-than-average dividend declared," it said.

http://www.btimes.com.my/Current_News/BTIM.../#ixzz26sDMrB8y

if all ikan bilis stay out of the mkt.. sharks got no where to unload their stocks.. mkt will never fall.. only up up up.... 
then it will become an infinite waiting game..
seriously.. i find it hard to enter again once i've cashed out.. =/
oh well.. just wait...

A number of companies controlled by Syed Mokhtar have come under attack for development activities on greenfield sites. For example, the clearance of mangroves for the development of Johor Port has led to some criticisms from local environmental groups.[4] He has also been identified as a major beneficiary of political connections that have given his subsidiary companies monopoly control over crucial Malaysian sectors, including rice, power and ports.
KUALA LUMPUR: Tradewinds Plantation Bhd’s (TPB) AGM today could be an interesting affair as the Minority Shareholder Watchdog Group (MSWG) has sent to the company a set of questions ranging from crude oil pricing to a donation of RM10 million made to the Albukhary International University, sources said.
Of particular interest to minority shareholders will be the RM10 million donation, which is deemed as excessive, representing about 20% of the company’s net profit. MSWG’s list of questions also include seeking clarity on its plans to build palm oil mills.
TPB’s 69.76% parent Tradewinds (M) Bhd is also understood to have received a letter from MSWG over its own contribution of RM10 million as well, to the same university. Tradewinds’ AGM is slated for June 22.
The RM10 million contribution by Tradewinds works out to about 12% of its net profit for FY09. Issues have cropped up as Tan Sri Syed Mokhtar Albukhary controls almost 43% of Tradewinds and has an interest in the university as well.
The RM350 million Albukhary International University in Alor Setar, Kedah comes under the control of the Yayasan Albukhary, which in turn is controlled by Syed Mokhtar.
This will not be the first fiery AGM in the businessman’s stable of companies.
The Edge Financial Daily learnt that Syed Mokhtar’s flagship MMC Corporation Bhd’s AGM at end-April was also a fiery one, with shareholders questioning a RM75 million contribution to the university.
For FY09, MMC posted a net profit of RM236.71 million on RM8.44 billion in revenue, which means the contribution to the Albukhary International University amounted to over 30% of the net profit. Syed Mokhtar, via his vehicle Seaport Terminal (Johore) Sdn Bhd, controls about 42.47% of MMC.
Even more interesting was a contribution by water player Aliran Ihsan Resources Bhd, which gave away some RM20 million to the university. Aliran Ihsan’s net profit for FY09 amounted to RM30.23 million, meaning that the company forked out almost two-thirds of its net profits to the university.
Syed Mokhtar’s MMC has more than 70% equity interest in Aliran Ihsan.
Another company the tycoon controls, Padiberas Nasional Bhd (Bernas), has forked out RM20 million to the . Bernas is 72.57% owned by Tradewinds.
In total companies linked to the tycoon is understood to have donated anywhere between RM135 million and RM150 million to the university. Another Syed Mokhtar-controlled company, DRB Hicom Bhd, has not done so.
According to MSWG’s letter to TPB, such donations are normally in the 2% or 3% range of net profits and that “the (TPB) board should provide more clarification on the substantial contribution”.
“Giving out to charity or such causes is fine; just ensure the company pays out dividends and then pay it from your own pocket,” an industry observer said.

Apa kind heart? More like shrewd, using companies he control to donate to a university he founded. So all the other minority shareholder also 'forced' to donate lah. If he kind heart should donate from own packet...

The university does not benefit Malaysians much since 80% of the 'charity' university from from overseas... 

more money pump into the economy. the interest rate will decrease and those companies who make loan will benefit. More capital flows into businesses and creates higher income, salary and allowance should rise appropriately.

Hoho.......

TM going mad.......

My friend received a letter on the voting place...meaning election around the corner??

wow.. so many panic sellings!!

From MCA?

to whomever was it that got the letter from Jibgor.

http://www.themalaysianinsider.com/malaysi...ational-culture

1. Details of Corporate Proposal
  Whether the corporate proposal involves the issuance of new type and
  new class of securities? No
  Types of corporate proposal : ESOS
  Details of Corporate Proposal : Employees' Share Option Scheme
  No. of shares issued under this corporate proposal: 2,129,135
  Issue price per share ($$) : MYR 1.170
  Par Value ($$) : MYR 1.000
  Latest issued and paid up share capital after the above corporate proposal
  in the following
  Units : 1,235,699,814
  Currency : MYR 1,235,699,814.000
  Listing Date : 19/09/2012

shares only for staffs to purchase, at discounted price ..... not for retail player .....

astro IPO out d it seems.

http://www.eipocimb.com/

good deal?hm...

PAR value not important lah... if important then when you look at the Net Asset value you might faint...