the capital reduction and restruturing is not the main issue on the sell down, rather it is to mask the fact the the company has issued more shares to fund a purchase RM 339 million of companies owned by the boss...rising his shareholdings of 11% to 22%

just my 2 cents worth cheers!

The reaction of market is simple..... find out who is the owner of Global Transit and AIMS...

I think he is just a proxy of some powerful people around ( biggest shareholder )

meaning Timecom would break away from Time Engineering soon.

I had ask a well connected friend on who is behind AIMS
His answer is XAIMs
Than try to replace x with the alphabets from A to Z
The one that have some meaning is the answer... I think this is only a joke...
Brgds

This sounds like another Maxis cat in the bag trick.

When we have Dr M coming out to give personal opinions on its relisting. He wouldn't come out to give free speech for no reason.Like they say no one does anything for nothing.

We all know someone's cash is stuck in there and he's just wanting to cash out.

tomorrow thursday ... is it going to be a quick fight back day, or another drop like nobody business day. anyone plans to catch the falling pisau, and take up few more lots? i would.

Its been a fantastic ride from RM 0.40 to 0.70, not going to stop playing this counter.

Slight technical rebound. Sustainable?

dont see the technical analysis..
the most important if business come in..

If Khazanah still remains as a long term investor, very likely gomen contracts will start flowing in and this would trigger a re-rating.

I believe HLG fair value of 79 cents still stands.

Watch another surge

Forming good support at 0.62
later 0.64 and now 0.66

This post has been edited by rosdi1: Nov 18 2010, 03:57 PM

Not sure if you guys realise that UEM is planning to sell their possession on TC shares? I believe this is something have to do with funding the merger with Sunrise Bhd.

Today see some correction on the price by 3.5 cents as per now...hope some see good reports boosted by analyst soon to move the stock higher to next level.

3cents profit today perfect

Volume still not that high. +ve nibbling.

I don't think this is a big issue here.
Since the players are not cashing out to leave the table empty yet.
I am sure they are also the same ppl that have help to push up the price from 0.40 to 0.70.
The big questions are;
Are they able to attract the bigger investor in?
How fast can they generate new revenue.. their current revenue is far too low to be of any significant.?
Hopefully buying those companies will help.

For Mr CEO to get any benefit in his ownership increase ....he had to slot out to make sure that the share price increase and then had to plan for another exit play.

Today is another interesting day:
The support plan is to support at a price and stepping up the support once the price had move up.
eg: 0.62 early in the morning and then let the retailers push it up before the support is moved up to 0.64 and again letting the retailers push it up before the again put a support at 0.66.
Let hope the support don't vanish before the 3Q result announced.
Good Luck
B Rgds

Correction bro...HLG TP was 89 cents

I think big selling from major investor (UEM, for our case here) doesn't just mean the company shares being sold is no good, it only means some corporate activities is happening. Axiata and Mahsing has been like this lately too. Switching of investors' shares, change of business model/strategy etc.

Hi Guys. interesting thread going on here. Am glad the counter is finally showing some signs of really happening now. I agree that something is happening at Tdc, and that the acquisition will justify better and sexier numbers for a valuation. But who is the potential suitor. ? and when? Singapore telecoms again? I doubt it. local outfit guys .. i.e YTL, P1 ? either way I feel the counter is going to offer another ride , and boy am I waiting. I believe with the latest acquisition, Khazanah has given tacit approval for something to happen later on.

it is ok to get in at 0.66 today?

any quick quick answer please?

eaiting .....

yes for long term.
no for short tem.