omg, now trading at days low, 0.645 ......

Bad day
looking at the volume it will spring up just as fast
I think the fair price will be around 0.71
Good Luck
BRgds


If the price can revert back to 0.71 I think It might be worthwhile to keep it for another few days.
As for me i think I will only dispose those I purchase at 0.655 today for the day-trade.
Brgds

This post has been edited by rosdi1: Nov 16 2010, 09:30 AM

COme down to 60c!!! Come on

This post has been edited by zamans98: Nov 16 2010, 09:27 AM

Bro, do you have any idea or comment on how the shares consolidation works? I understand that our shares will be consolidated into 9 become 1 so our value will be worthless....according to my remisier..

I don't get it. Because that means timecom has dumped its money into deep sea without any return. Was that the case?
Can you ask your remiser to explain why? Thank you!

Current TIMECOM share par value is $1.00, will writeoff with accumalated losses of 90c to become 10c

Then every 5 shares of new value 10c shares combined into 1 new share of 50c.

Finally paid back 2c per share to every shareholders to buy some sweets.

that's a nice summary

Isn't a bad thing for current shareholders, if I did not understood it incorrectly ?

I don't think he/she is right at all.
the current NTA is around 0.45
what they are doing will increase the NTA to 2.25... by joining 5 to one.
at the end they will be a share of 3.50 for a NTA of 2.25 on the par value of 0.50
more in line with TM, or Axiata.

As for TIMECOM as a business I think this is their highest point in a long while
(The should be announcing the 3Q result next week)

In term of value noting is lost since they are not selling assets... in fact the are buying new assets.
The companies like GTC , and AIM had being involved with them for sometime already and not a new companies
If you read my earlier posting I had being asking about these companies.
Now they are out in the open?
BRGDS

(Sorry I just update the NTA figurefrom 0.30 to 0.45)

This post has been edited by rosdi1: Nov 16 2010, 10:25 AM

Actually, I have faith in this counter..I will be holding...

Global Transit is a global IP player with Submarine cables. I dun think anyone else in Malaysia owns Submarine cables

AIMS is a well known DataCenter in the whole country...the potential is there...

I guess, many ppl have not really heard of these companies hence they are reacting negatively...

Just my opinion

Same holding, maybe picking up another XXX lots if it drops any lower

Hope for the best. I'm holding it for now.

Now awaiting for some in depth comments from research houses.

This is posted by the sun:-

 Timedot_com_on_Sun.pdf ( 189.62k ) Number of downloads: 47

Brgds

This post has been edited by rosdi1: Nov 16 2010, 01:32 PM

hong leong paper.
TP remains at 0.89.

---

Added on November 16, 2010, 12:34 pmThanks, but not complete leh. Hope can read entire article.


This post has been edited by yok70: Nov 16 2010, 12:34 PM


Attached File(s)
 TimeDotCom_Transforming.pdf ( 549.19k ) Number of downloads: 23

i am still keeping faih for the counter. bought and accumulated at abt 0.64 for months. i think the new acquisition for the 3 targe firms sounds good for regional expansion in capacity and market portfolio.

just my opinion. hope i am right this time. plan to collect more if it declines to 0.60. i got to be blind and brave.

KUALA LUMPUR, Nov 15 (Bernama) -- Time dotCom Bhd (TdC) is set to transform into regional telcommunication player offering a full range of services upon completion of its proposed acquisition of three telecommunication companies for RM339 million.

The acquisition will be satisfied by RM90.9 million in cash and the remaining RM248.1 million via shares, said TdC chief executive officer Afzal Abdul Rahim.

The three companies to be acquired are AIMS Group for RM128 million, a leading network-neutral data centre, Global Transit Communications Sdn Bhd (GTC) (RM106 million), the region's leading wholesale Internet service backhaul provider and Global Transit Ltd (RM105 million).

These acquisitions will move TdC up the telco value chain, giving it part ownership in a cable system which is only one of five of its kind in Asia, he said.

According to Afzal, this is the most interesting thing to happen in TDC, and in line with its corporate plan to strengthen and expand further in 2011.

"The whole merger process will take six months to complete," he told reporters after a press conference to announce the company's corporate exercise here today.

He said as part of the exercise, TdC is proposing to restructure its capital by eliminating its accumulated losses and to carry out a capital reduction and share consolidation exercise.

Time dot.Com is also planning to make a cap repayment to shareholders totalling some RM50.6 million (which works out to two sen per share)while rationalising its balance sheet by writing off part of the share capital that is not represented by available assets.

Asked whether TdC would bid for the 4G spectrum, Afzal said: "We are not interested and will not take up the bidding."

TdC's acquisition of AIMS Group's data centre operations will allow it to have a platform to provide the infrastructure requirements of cloud computing service providers and the necessary skills to complement the services.

AIMS Group's data centre neutrality has also made it a strategic aggregation point for intra-Asian traffic and will continue to do so for the foreseeable future.

GTC is among a handful of licensees able to build and operate submarine cable landing stations in Malaysia, specialising in the wholesale market.

The company positions itself as an alternative regional gateway to the world, connecting major data centres and peering points around the globe.

-- BERNAMA

Sorry
this is the updated post
 Timedot_com_on_Sun.pdf ( 189.62k ) Number of downloads: 42

TQ

So rajin go and snape the article from the Sun page 16 to us
I not involve in TDC so not much feeling

Guys..don't be intimidated by the share price today..thats because a lot of jokers are buying on a Contra basis and force to sell because of t+3days

They panic , the price drop, i pick up more..win win