Finally it rebouding to Rm3.00 after 52 week lower at Rm2.60 at the same day...

Neo18 will curse at this counter again

anyway, a legendary counter for year 2007, besides MEGAN

Hi, i'm a noobie here but hav been trying my very best to follow n learn a bit on shares. Anyways,do u think its a good time to buy Transmile now?

perhaps you may share with us why you would want to buy TRANSMIL in the first place?

they sure say because of robert quok.

Um... just bcos its i think its at its low. but last time, i tot 4 is low, then it dipped below 3.

it's because of the fraud. so got mega low.

heading south...

if u plan for long term so be good
or try to look their 2008 report b4 u buy

i know got fraud. its jst tat how low is low? yeah, i thought if for long term, it shud b ok. they wont possibly go total bankrupt rite?

I CURSE THIS COUNTER

Over 4 million shares trying to jump abroad the ship but alas by end of the day 1.8 million shares land on the water


If on monday the price open at $3 the under water shares might be able to climb abroad. For those who missed the boat try to lompat kuat sikit since the boat is further abit sailing away now.

If the price open at $2.90 ppl will be jumping out of the boat instead!
Bcos its heading the wrong direction.

this counter keeps formin lower lows / lower highs... not worth to look at it for now...

It somehow like a technical rebound after recent steep plunge.

Until some corporate revamp and financial result turn around, it is risky for long term holding.

Look at Pana posted chart, recent trend is quite similar to 1 Nov-15 Nov, there was also a sharp upward rebound.

This post has been edited by cherroy: Jan 5 2008, 12:53 PM

Risky buy, but no risk no gain.

No risk no gain, quite correct, but high risk can be no gain also.

This post has been edited by cherroy: Jan 5 2008, 12:54 PM

------- wrong forum.

This post has been edited by Vv.SoViEt.vV: Jan 5 2008, 02:49 PM

wrong forum?

If you are wondering how low a counter can go, it's RM0.00!

i remember last time they said this company will only turnaround and make money in two year time, now it is just a lost making company, no reason for the stock to rise.

it's rising cause got ppl "goreng" it.

better dun touch la...last time remember it jump to 5+ due some "ppl" leaked our fake info on kuok would buy it back the shares...later kuok denied it n the share flat again......so u wanna buy...buy la...

buy at ur own risk!

it's now 2.90...

i hope it goes down more, since i got no more share in this coutner!!

jahat betul..........


u did the rite thing

Investors are lost of interest & confident of this counter. Still need time to recover..!!

when everyone lost interest in this stock and all the goreng activities stop, we should keep a eye on the stock, it may have hit rock bottom by them.

waiting trasmile in rm 1

Huh, then I rugi kao kao because I was one of them still holding a RM5 TRANMIL
Don't hope for it to go so low la hehe.

i made a loss of roughly RM5k in this share. I had enough

i think it good for long term investment..the fundamental are very strong,the only thing iccur reason are fraund case in the past 2 years which is managing by our ex-transport minister..thanks him have a deep pocket...

How can you say the fundamental is very strong? For one thing, it has 2 big customers, DHL and POS Malaysia. So far DHL has agreed to extend their contract to give Transmile a chance to turn around. Now do remember, even with these 2 customers Transmile is running at a loss whether due to costs or bad management.

So to turn a company around, it has to cut pay or lay off staff to cut costs, hedge it's fuel for their planes properly, use cheaper equipment and resources, limit expenditure on everything and try to get new customers for its services. Then only it can have a chance to make a profit. Until Transmile actually announce a new customer like maybe Federal Express or UPS, I doubt it can spectacularly turn around it's company to warrant a higher share price.

The good points about Transmile;
- License to fly to several citys in China
- POS Malaysia and DHL contract
- Robert Kuok active shareholder
- ??

Bad points;
- Losing money with 2 big customers in hand
- Costs of operation expected to rise with Crude Oil Price
- Bad reputation from fraud
- Not cash rich
- No dividend expected
- This from the quarterly report ;
"Review Of Performance Of The Group And Its Principal Subsidiaries
The Group revenue of RM444.0 million for the period ended 30 September 2007 is lower compared to RM512.7 million in the corresponding period last year, mainly due to the strengthening of Ringgit against US Dollars and lower charter revenues.
Group loss before tax has increased to RM101.2 million compared to a Group loss before tax of RM38.8 million in the same period last year. The increase in loss was due to lower charter revenues, provision of bad debts and higher fuel cost."

"The directors are not aware of the current status of the investigations undertaken by the Securities Commission and other regulatory authorities, and at this juncture, are not aware of any further adjustments that may be required to be made to the financial statements,.."

skiddtrader has his good point, why the earth the management want to report 'make up' number of profitibility if company is really making money?

If a company is not making money or will be making money in the future (profit) then how would you justify its 'fundamental are very strong as you claimed'.
If you have some facts to support it, please post it to justify your claim/statement because of 'strong fundamental are very strong and good for long term investment'
We don't say Transmile won't have a future, just need to post some facts/details to support the claim as here is not a Kopitiam talks.

Basically, the company needs to revive itself and turn the corner into a profitibility businesses otherwise it is hard to see its shares back to its old day.

Cheers.

This post has been edited by cherroy: Jan 12 2008, 10:42 AM

Right now, I still keep it because I only have 1 lot in it, so doesn't affect my whole portfolio that much. Just hope that one day I can sell at a lower lost. For now, I have other cash to roll

I remember when the fraud was first revealed and many didn't believe it was as bad as it was.
From RM13 down to RM10, people thought was cheap they buy some to average down.
From RM10 to RM8, again people thought it was a very cheap stock with good fundamentals!
From RM8 to RM6, people are spurred to buy when they see foreign funds averaging down.
From RM6 to RM5, people thought that was the lowest it can go.
From RM5 to RM3, people thought thats the NTA value, so they think its a god buy.
From RM3 to ???

Trust me, averaging down on a problematic company is the worse decision you can make. Best is to cut loss or wait and see what the situation is. Never average down a problematic company because you are increasing your risks to an already risky venture.

This post has been edited by skiddtrader: Jan 12 2008, 01:55 PM

skidtrader, this not fundamental la...u list out is the share price from april 07 until todate..
What i know is, the company have -ve figure of EPS & EBITDA since 2005 todate...unless some body can advise value of it's asset per share...!!!!sorry if my evaluation is wrong...

Yeah, my last post was not about fundamentals but the way people convince themselves that based on the lower price, they think the 'fundamentals' of the company suddenly became better. It's psychological because they want to buy something they think is good at a discount but in actual fact, although the counter became cheaper, the fundamentals are still the same. Meaning it is still not a good share to buy fundamentaly speaking.

Cheaper stock doesn't mean fundamentally better, but people tend to skew their mindset to think it is better fundamentally because it is cheaper. My last post was to show how at every price level Transmile drop to, there are people who would justify the price as a good buy although they know there was a fraud case. Even after they knew the company was making a loss and cash reserves were shrinking every quarter, they still think it is a good buy when the share price drops again. If the company wasnt making money since 2005, what reasons do they have to think the company is going to turn around in a quarter?

This is one part of the weakness of KLSE trading system. As it only allows 30% on both direction, it can't suddenly drop from 13 to 3 in one day time. When it hit limit down 12 to 9 something, people perceived it can't go down anymore (ya, right can't go down in that day, true also ) so it attracts people to buy sometimes. If in US, this kind of news (fraud case) come out, the stock will be nose-dived straight away from 13 to 3, may be few ten cents in one day.

Having said that, the limit down/up limitation also has its goodness, it prevents too volatile movement or excessive manipulation. So nothing comes totally good or bad, each system has its advantage and disadvantage.

KLSE Stock Review

You're right there. High risk can also mean no gain. At the present time I dont understand why some fellas want to put money into Transmile when there are many more better stocks to invest in. Sure if you're a punter maybe you'd like to 'bet' on Transmile suddenly gaining market interest. But that isnt investing. If you're interested in investing, Transmile's fundamentals are not that strong at the moment. So wait for the next quaterly report. However, dont juz throw Transmile down the drain too, it could be worth watching. But pick a right time to enter if you HAVE to pick that stock.

guess what, TRANMIL is 2.64 only

Yeah, almost half of the price that I bought into.
Nevermind, I still keep it until something happens

i sold TRANSMILE @2.7

don't intend to average?

Wah, you really think I print notes?
Nah, I would rather spend my money in AMWAY, PBBANK, LPI and UT than averaging on this
I just buy this for speculative purposes, so just keep one lot

lol, good idea! come join me in PBBANK, financial report & dividend declaration would be out next week!

lesson i learn from Transmile...

don't do average down on counter that got no fundamental!!!

I will join you in PBBANK, after the payout
I would rather buy after the payout rather than getting unnecessary tax on my dividend
If PBBANK and LPI payout fall on the same month, then I might be buying them both next month.
Now my extra money in CIMB for the "Dream, Deposit, Drive" campaign
Just trying my luck in this as I have not won anything in my life! (except 17 Tesco vouchers from Public Mutual)

I hold 3 potential speculative counters as of now which I never intended to average.
I only average on the counters that have potential to appreciate.

Rm2.510..22/1/08 Half Time now...

---

Added on February 20, 2008, 2:24 pm

TP below Rm2...

---

Added on February 27, 2008, 11:26 am

Rm1.86 now...

This post has been edited by hanif444: Feb 27 2008, 11:26 AM

looks like TRANMIL price never go up anymore...1.74 today

Financial results just came out , more losses.

But, with Robert Kuok in control, it is a matter of time the company will improve. They have many licences.

Now may not be the bottom. But could be money making if you track carefully.

Hi Pana, glad to see that your mood is coming back.

Wish you all the best always.

HI SKy,

Why the price is still not the bottom? It's so low already.
mind to provide me some answer ?






Thank You.

At Rm1.60, still expensive for a company that are making losses of several ten of millions or up to hundred million without sign of improvement, instead the situation is deteoriating.

If thess losses continue then it will whipe out its shareholder fund become negative which by then it is violating the KLSE rules and regulation which will promt KLSE to delist it.

---

Added on March 3, 2008, 6:01 pmIt won't go up until it can register a profit or totally revamp which will turn the company into a profitibility businesses.

This post has been edited by cherroy: Mar 3 2008, 06:01 PM

Hi,

Why does a company lost so much without anyone knowing about it? The real victim is the shareholder.
what does the Security Commission do? Can anyone provide me more information about this?






Thank You.

Transmile and related stories

Although I see that you seem new and eager to learn. I wouldn't want to spoon feed you and you shouldn't expect it as well. Google is your friend and it will go a long way if you know how to do your own research and form opinions on subject you are interested in. Link above is for the latest article on Business Times on Transmile and also some related stories on the right side of the column.

yes..true,once transmile got profit quarter,i believe it will shoot up Rm2.00...

leaving a note here...

TRANMIL limit up today! from 1.66 shoot up to 2.11 (+0.450)

and this is the announcement from them:



any opinion? purely for goreng sake? rumor on privatize?

This post has been edited by panasonic88: Mar 26 2008, 08:21 PM

I would say pure goreng activity with some rumours being spread of privatisation. If the owners really want to take the company private and revamp it, don't you think at the current condition of Transmile, it would be more beneficial for them to get it at a cheaper price. Why would they want to offer a higher price if they can buy it at a lower price?

Remember Maxis and how Ananda Krishna bought it out at a price people thought was good, then sell back a stake at a higher price back to a Arab investor, making a bundle in the process. Owners aren't stupid and will stand to gain in any takeover offer.

GORENG session for TRANMILE

the price continue to shoot up, 2.40 (+0.290) now

wonder will limit up again or not today (limit up at 2.74)

dear all, i have a question.

currently holding zijin-c1 which will be due on 16/5/08. what will happen after the maturity date if i do not sell it?

If it is in the money, the broker will send you a cheque, if it is out of money nothing happens and you lose your investment.

Currently it is out of money.

Note: Your question should be posted in the stock exchange or HKCW thread, so continue from there, since it is out of topic.

This post has been edited by skiddtrader: Mar 27 2008, 09:45 AM

ops sorry wrong thread, i thought i was posting at stock market. thanks for reminding.

Other than privatisation rumour, there is no reason for the stock to limit up.

FYI, Lastest Q result, Transmile registered 66 cents loss/share. Full year loss Rm1.00+. With NTA at Rm1.60, another full year like this, NTA would slide to negative which will mean violate the KLSE ruling (you can't have negative shareholder fund) and could be delisted. <-- the end. But market believe POS or Kuok group would be interested to take it private if stock become like that at that time.

Conclusion, Transmile needs to turn the corner faster to become profitable (in this 2 years time) or someone willing to take it private at higher price. Others than that, purely 'goreng' won't able to sustain high price of stock.

This post has been edited by cherroy: Mar 27 2008, 10:35 AM

another "buy on rumour, sell on news" case, hmm.

Yes. Be careful, it will not last long.

Yup, just did that today. When in at 9am and came out at 10am.

Did intra day transaction for 40 lots

Just rode on the upward momentum and jump out when made enough $$$ (in my opinion, but hell of a risky move).

Only reason jumped in because yesterday limit up with more than 4000 lots in que.

At closing, still a lot of people que at 2.45

This post has been edited by dsugums: Mar 27 2008, 06:51 PM

Transmile surges in early trade, despite Bursa query

By Joseph Chin

KUALA LUMPUR: Loss-making Transmile Group Bhd's share price surged to a two-month high of RM2.52 in early trade on Thursday, extending its gains from yesterday that prompted a query from Bursa Malaysia Securities.

It opened flat at RM2.11. Within the first hour of trade, there were 5.19 million shares done at prices ranging from RM2.01 to RM2.52.

At 10am, it was the top gainer, trading at RM2.40, up 29 sen or 13.7%.

Yesterday, it closed 45 sen higher to RM2.11 in very active trade, prompting a query from Bursa Securities.

However, the company replied that it was not aware of any reason for the increase in the share price. It posted a net loss of RM279.64mil in the financial year ended Dec 31, 2007 from a net loss of RM63.77mil in FY06. For Q4 2007, it posted a net loss of RM179.43mil compared with a net loss of RM24.89mil in the previous corresponding quarter.

A news report recently said the express air cargo forwarder was starting off on a clean slate after making huge provisions in the last financial year.

Last November, two former Transmile directors were charged in court for knowingly authorising the furnishing of misleading financial information to the stock exchange after they could not fork out RM500,000 each to settle compounds.

Chin Keem Feung, 42, and Shukri Sheikh Abdul Tawab, 43 were charged for allowing a misleading statement in respect to Transmile's unaudited quarterly results for the financial year ended Dec 31, 2006, to be released to Bursa Malaysia Securities Bhd. The misleading statement was in relation to Transmile's reported revenue of RM989.2mil.

URL: http://biz.thestar.com.my/news/story.asp?f...59&sec=business

Transmile replaces managing director

By KATHY FONG and IZWAN IDRIS

PETALING JAYA: Transmile Group Bhd has redesignated non-executive director Liu Tai Shin as managing director to replace outgoing Wong Yoke Ming, the company told Bursa Malaysia yesterday.

It is believed Wong's resignation is a signal that the restructuring scheme at the troubled air cargo freight forwarder is almost completed.

Liu and Wong joined Transmile in June last year as part of a new team brought in to tackle the huge financial problem that arose from the discovery of massive accounting frauds over a three-year period.

Both men are accountants by training and, together with the new management, were tasked with reviving the ailing firm.

Transmile posted a loss of RM279.6mil on revenue of RM616.2mil for the year ended Dec 31, 2007. The loss was about four times bigger than the RM63.8mil reported in the previous year.

The huge write-off that contributed to last year's loss had given the company a clean slate to start over.

Recent analysts' reports suggested the company would now focus on more profitable regional routes, and that it was likely to sell the under-utilised bigger aircraft in its fleet.

StarBiz learnt that Transmile is currently looking to hire a chief executive officer to put the company back on the growth track.

While the outlook for the air cargo carrier this year remains challenging, some investors are now more willing to take a bet that the worst is over for the company.

Shares in Transmile eased seven sen, or 3%, yesterday to close at RM2.33. It was the first decline in five days, halting a rally that lifted the stock from a six-year low of RM1.51 two weeks ago.

The stock peaked at RM14.40 on Jan 3 last year.

Transmile told Bursa Malaysia on Wednesday that after "due and diligent enquiries with all its directors and shareholders," the company "was not aware of any new reason" for the sharp spike in its share price.

Major shareholders of the company include tycoon Tan Sri Robert Kuok with a 17% stake, followed by Pos Malaysia Bhd with 15%.

There had been speculation that the group's restructuring plan would involve acquisitions of new assets, with the possibility of Pos Malaysia injecting PosLaju, its courier express business.

However, PosLaju chief operating officer Nadza Abdul told StarBiz yesterday that he was not aware of any such proposal, whether to inject, integrate or amalgamate PosLaju or any other express business of Pos Malaysia, into Transmile.

"PosLaju has not been approached by any party regarding the matter highlighted," he said.

URL: http://biz.thestar.com.my/news/story.asp?f...s/20788859&sec=

So..shall we go for Transmile now???

Did they start making profit?

ROFL! straight to the point, nice one

Wonder who is spreading these privatization rumors. Why should R.kuok be so secretive if he plans to take it private?

Target again on RM1.80...

not the first time this transmile spread false news la...

last time 4+ spread news then jumped to 5+

at least 2 times aldy this happened

so must be carefully

buying on rumour is like making a bet in the casino.

Bet lik BIG or SMALL..hehe..

in fact kuok bro sold 1,500,000 shares based on the edge last week

Robert dissapointed with transmile?

---

Added on May 2, 2008, 5:01 pm
my baby coming back

This post has been edited by hanif444: May 2 2008, 05:01 PM

limit up. wow.

What is the meaning of limit up ?

when price reach 30% from previous closed price...
that is the max a share price can go for each session.

yung yung

7000 TRANMIL TRANSMILE GROUP BHD
TRANMIL-Unusual Market Activity ("UMA") query by Bursa Securities

LISTING'S CIRCULAR NO. L/Q : 53470 OF 2009
Bursa Malaysia Securities Berhad has on 5 June 2009 issued an UMA query on the
trading of the Companys shares.

In this respect, investors are advised to take note of the Companys reply to
the above UMA query which will be posted at Bursa Malaysias website under the
company announcements, http://announcements.bursamalaysia.com when making their
investment decision.

The contents of the UMA query is as follows:-
UNUSUAL MARKET ACTIVITY
We draw your attention to the sharp increase in price in your Companys shares
recently.
In accordance with the Corporate Disclosure Policy on Response To Unusual
Market Activity pursuant to paragraph 9.11 of the Listing Requirements of Bursa
Malaysia Securities Berhad ("Bursa Securities LR"), you are requested to

furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with an
announcement for public release after making due enquiry with the directors and
major shareholders seeking the cause of the unusual market activity in the

Companys shares.
In this respect, you are also required to publicly confirm, amongst others, the
following:-

1. whether there is any corporate development relating to your Groups
business and affairs that has not been previously announced that may account
for the unusual market activity including those in the stage of negotiation /
discussion. If yes, kindly provide the details including the status of the
corporate development to enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and
affairs of the Group that may account for the unusual market activity and in
this respect, you are required to comply with paragraphs 9.09 and 9.10 of the
Bursa Securities LR;
3. whether you are aware of any other possible explanation to account
for the unusual market activity; and
4. your compliance with the Bursa Securities LR, in particular paragraph
9.03 of the Bursa Securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board

of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK
Head, Issuers

the counter suspended huh ? even after lunch time..

later become designated counter haha

ya ya

jeng jeng sharp fall on next monday?

transmile not last time a lot matters one har.....

The share price can't increase more than 30% for each session ?
How about if the share price is 0.010 and when the price move a tick that will be 0.015 which is 50% increase already ?

This post has been edited by YuNGSeNG: Jun 7 2009, 01:24 AM

thats exception la..

share price increase 30% in a seasion, will suspend, but if there is a reason why the share price will raise so much, then the next season will open back ..

Share price under 1.00, limit up/down is 30 cents, instead of 30% due to low price nature.

wah this counter buy/sell moving like shit, man...

stil got 12cent up now...~~~

go go make it another 30%

I still don't know the rumour of Transmile, anyone enlighten ?

transmile fly today