deleted

This post has been edited by SKY 1809: Nov 12 2010, 10:51 PM

Finger CRoss Fly

This post has been edited by hexen7: Nov 12 2010, 10:45 PM

Monday suspended still... only going to reopen on Tuesday...
Have to plan to run on the open...
Hopefully there will be a gaping...

wa, bro rosdi pls dont scared me le .... i am holding some of it. haha ... joking bro, but hope the opening on tues is pleasantly shocking.

p/s: i always like to read your post.

short news cut fm this morning circular on the mother share "Time".

Time Engineering Bhd, a Malaysian telecommunications services provider, rose to a one-year high in Kuala Lumpur trading, ahead of an announcement today by its Time dotCom Bhd affiliate on a "corporate exercise."

The stock climbed 1 percent to 53 sen at 9.15 am local time, set for its
highest close since November 5, 2009.

It's the most active stock on the Kuala Lumpur stock exchange with 5.2
million shares traded. - Bloomberg

Still no news on why Timecom was suspended?

typical corporate announcement ... announce is like not announcing .... no head no tail. hope the 'bullshit' is decent and give us some good surprise tomorrow. thanks for the info.

News is out!!!!

http://www.klse.com.my/website/bm/listed_c...2B?OpenDocument


Not sure good news or bad news though

After reading the documents I manage to pick up this:
I think this is the summary of the report:
If I got it right it will be business as usual for a while (but for how long)
My positive thinking is that this proposal will lead to another step yet to be announced.
I think I will sell on the open tomorrow .
good luck to you all
Brgds

any recommendation on the price to let go?

I don't have the price .. I wish I have one
As for me:
I last bought it at 0.735 which is the highest price among the many blocks that I had bought.
my average is around 0.70 for an average holding time of less than 3 weeks.
I will always be happy to sell higher than the average and hope for higher than 0.735.
so you see that I don't aim so high that make it easier to dispose and a higher price just a bonus to me.
BRgds

Becoz of the proposed capital reduction, I believe sellers will overwhelm buyers. Not many ppl will buy with a capital reduction hanging over your head.

In real sense capital reduction are just paper exercise.
It will not have any implication to the result as a whole, but should improve the ratio indicators.
such as EPS, NTA, PE and so on.
To show that they are Ok they are doing capital repayment as well. (0.02 per share) like what TM had done( but TM pay back 1.00 per share)
I have a funny feeling that is done more on the instruction of a potential buyer.

imo just hold on for the moment

Agreed that nothing will change in value terms.

But on the other hand, if bonus and share split with an offer of warrants to raise some pocket money, the stock will fly eventhough added value is very minimal. That's perception.

On the other hand, dont you think that the acquiree companies are being acquired at too high a value with "early profits", which we are not sure whether it is sustainable or not, eventhough it was highlighted that earnings improvement will "accrue immediately".

sure the 'insiders' know all abt this reduciton. but why the share price shot up so madly just before the suspension? anyone for quick ideas before the opening bell tmr?

guys, things looks bad..it should be limit down as par value dropped by 90%. I shall watch the price closely today.

Any idea as to why TDC drops to 0.70 low?

Because of yesterday's announcement...

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Added on November 16, 2010, 9:05 amwhat is the limit down ?


This post has been edited by coconutzz: Nov 16 2010, 09:05 AM

Just a reduction of capital. What's the big fuss? Care to enlighten more?