x sempat aku nk masuk

Tumbang-ing....

what happened suddenly fall so much?

is it due to overall market sentiment? like want to jump in but still hesitating

Cut loss and left early. =/

CI is dropping..

If you think HLG is trusted with the report, its an opportunity to pick up something.

Market drop due to external factors on Eurozone and potential rate hikes in China.

Looking at he above 5 MIN chart TIMECOM still hold steady.
A short term resistance at 0.715 ( Fib 61.8%)
I think still a good pick at 0.68 and below for a short term trade.
Good Luck
BRgds

I also think it's holding well with so massive sell down. When contra players out, time to shoot up....(hopefully)

Good profit qtr report!



Attached File(s)
 TimeDotCom_3Q10Results_26_Nov_2010.pdf ( 156.14k ) Number of downloads: 35

Everyone was focusing on PCHEM and TIMECOM was allowed to slide down on a good news.

Hopefully tomorrow is not "one man show" again for PCHEM!!!

how to find the history of dividend payout?

you may get from
Stock performance Guide Malaysia Printed by Dynaquest Sdn Bhd
As for TIMECOM... They had not paid ant divined from 2000
but they had done capital repayment twice: 2003 0.50 and 2004 0.15
BRgds

Today after a week of boring trading even after a good 3Q result early in the week, it get active again with some real push.
At one moment I thought it could be pushed to 0.70 since the resistance is very loose.
If the momentum continue it should hit 0.70 very fast tomorrow.


There was a big last minutes push creating a gap between 0.665 to 0.680
if you look at the bottom there are only relatively small volume to sell up to 0.70
Best regards

This post has been edited by rosdi1: Dec 1 2010, 06:28 PM

Great. lets hope its a beautiful morning for us all .... the faithful ones, lol.

yesterday up so much today down a bit although CI is green ...

Base building still in progress after the selldown. It needs a positive platform to do it and I see the OBV is still not firm enough.

Latest Hong Leong paper.
And below is an article from The Edge.

KUALA LUMPUR: Time dotCom Bhd (TdC) has extended its high-speed fibre connection to another 30,000 premises in a bid to expand its existing broadband subscription base of around 10,000 in the corporate and retail segment.

According to TdC CEO Afzal Abdul Rahim, the infrastructure provider will continue to wire up more premises within the Klang Valley with a rollout rate of connecting 20 to 30 buildings a month.

TdC first launched the high-speed fibre optic service in the Mont’Kiara area in February this year. So far, 200 buildings have been connected in Mont’Kiara and around the Golden Triangle area in Kuala Lumpur where 70% are commercial buildings and 30% residential. The next areas are Bangsar, Damansara, Shah Alam, Subang and Sunway, said Afzal.

As for subscription targets, he admitted that the market was highly competitive, and could only be assessed in the next six months.

“The take-up rate we saw at Mont’Kiara for brown fields [existing buildings] is 1% to 3% a month. For green fields [new buildings] it is 50% to 70%,” Afzal said after the company’s rebranding event yesterday.

In the high-speed fixed-line broadband space, incumbent Telekom Malaysia Bhd ™ has chalked up 21,000 Unifi subscribers, with another 8,000 firm orders for the High Speed Broadband (HSBB) since launching in March this year. As of Sept 30, TM has covered 700,000 premises. TdC and TM are the only two high-speed wired network owners in Malaysia.

Afzal said that TdC’s Cross Peninsular Cable System (CPCS) completed early this year is at 20% utilisation, mainly for wholesale of bandwidth to a mix of foreign and domestic operators.

The CPCS runs from Singapore to Thailand with a border-to-border capacity of 2.8 Tbps and has five fibre routes that cover Peninsular Malaysia. The CPCS serves as the backbone network for TdC’s broadband and data offerings.

He added that the current plan is to only install fibre connections in the Klang Valley for commercial and residential buildings and excludes landed property. Investments in these rollouts have been factored into the management’s capex guidance of RM100 million to RM150 million.

For the long term, Afzal said that the wholesale segment would be the main growth driver. For 3QFY10 ended Sept 30, TdC’s revenue rose 25% year-on-year (y-o-y) to RM87.34 million from RM69.93 million on higher revenue from the data business that offset the reduction in voice business. Data revenue made up RM67.4 million of the total RM87.34 million in revenue. Profit before tax surged 75.4% y-o-y to RM20.95 million from RM11.94 million due to its entry into the global bandwidth business.

The group recently proposed an acquisition of the Global Transit entities which own a 10% stake in the 9,620km Unity Cable System linking Asia to America with a landing point in Japan. If the deal goes through, Afzal said that TdC will have access to routes of more than 10,000km connecting Southeast Asia to the West.

However, the proposal draws criticism partly because it is related party transactions, as Afzal and COO Megat Hisham Hassan are directors of Megawisra Sdn Bhd. Afzal is the major shareholder in Megawisra with a 75% stake. Megawisra in turn, owns the majority of the companies to be acquired under the proposal.

Under the proposal, Megawisra and persons acting in concert have also asked for a waiver from undertaking a general offer on TdC if the acquisitions goes through.

Due to the lack of details and earnings visibility of the companies that TdC would acquire, some quarters have raised their eyebrow and calling the proposal a “bailout”.

Nonetheless, Afzal defended that shareholders would see in the coming months that the companies up for acquisition are in a growth stage and has a healthy balance sheet. TdC itself has turned around since 2008 and returned to the black in FY2009 ended Dec 31 after years of running losses.

According to Afzal, TdC is expected to hold an EGM in March next year to seek shareholder approval for its proposed purchase.

Afzal told TheEdge Financial Daily yesterday a shareholder circular would be out in February. Public Investment Bank is the appointed independent financial advisor.


This article appeared in The Edge Financial Daily, December 2, 2010.

---

Added on December 3, 2010, 3:03 amMajor shareholders (copied from the latest Hong Leong paper)
Khazanah 34.4%
EPF 12.6%
ASB 9.8%
KWP 4.8%
Free Float 38.4%

Are you feeling more comfortable now?

This post has been edited by yok70: Dec 3 2010, 03:04 AM


Attached File(s)
 Tdc_101202312.pdf ( 505.96k ) Number of downloads: 21

personally i like the acquisition cos in long run they'll surely gain sumthing from the expanding traffic volume.

but i still a bit unsure whether this acquisition is for Tdc benefit or Afzal's benefit (as in the article said 'bailout').

Ya. However, we can't expect a businessman to be a saint too. Can we? The best we can expect is a win-win. So hopefully, it's a win-win.
One of the HL paper I read did mentioned that at least, Afzal didn't cash out, he re-invest all as shares holding.