Let us cheer for TIMECOM again today

It hit a 2 years high today the last time it hit 0.75 was Feb 2008
So expect a strong resistance at 0.75



This post has been edited by rosdi1: Nov 11 2010, 10:09 AM

I remember 3-4 years back this stock has surged close to 1.50 but then since struggle to find it's momentum or lack of positive news to push it up further. Nevertheless I believe the new management team currently is more capable than bringing out the best of this company resources as it claimed that Timecom owned the largest fibre optics infrastructure in Malaysia and yet it's hugely under utilize and many rooms for improvement. Last 3qtr consecutive profits from losses mean this company is back in biz and on the verge of something huge that could bring the company to next level. I believe it's worth to hold this stock for longer period in view of the management's long strategy. Although my target price of minimum RM1 may sounds a bit distance at this moment but perhaps patience might bring results later.

Come on you TC, don't let us disappointed as we have 101% faith in you

Yes you are right that is in Aug 2007 ..it don't hit 1.50 but just 1.44. and the support form at 1.30

What is going to happen next?
I think it will continue to test the 0.75 mark for sometime and after that
if it fail ... it will just drop dead again.
but in this case I have a strong feeling it will move on to test next substantial resistance level of 0.85
any views friend??
BRgds

well bro, I'm not the person that into technical studies as I don't really study the price chart movement but from my observation is that this company is heading to the right direction (kicking out unprofitable biz and strengthening core business as well as expanding the current biz). In terms of the current price, I believe it does not move a lot compared to other counters in KLSE and there's room for further price adjustment. However as you says, the trend seems that they going to test the 75 cents level but look at the current selling queue at 75 cents (merely 23k selling queue) which can be snapped in just a min if they serious in pushing the price up.

Bro Rosdi1
Thanks for you view.
I think the new young management and the "new unknown owner" will try to push the price up ahead of 13GE.
My target is also 1.00.
Bro
other than this, MHB, MFLOUR, HTPADU , BIOSIS , CIHDG HWGB and JETSON what r u still holding if you want to share.
TQ

I think our sungai besi financial city mega plan should benefit timecom in a huge way because their business is about networking infrastructure of financial institutions. So, finger cross!

long way to go, in the process can be very long as well..... government project will take longer time coz rakyat benefits is at the foremost.... some more may get rejected also .... people first mah.... anyway it's a good company to invest means for long long terms....... more than 2 years will see the fruits grow. i'm waiting for this to be in my portfolio in the near term....

i m banging hard on this! just added another 30k units today

Look back at KFC, that I never had a chance to be on board because I just don't know when will its price stop going up. And now, it's already up 141% from a year ago according to The Edge. I hope Timecom could be one of those high potential stocks. Besides, Timecom's potential definitely not limited to government projects. Its dominant fiber-optic networks in the country is a door to outside world, any outsiders need to pay them "toll fees" in order to connect to us.

great. i hv been collecting this since 2008 together with uemland. still holding .... just hopethat the local scene is stable.

well done brother. looks lie we hv the never say die attitude.

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Added on November 11, 2010, 8:54 pmagree bro rosdi. the 0.75 resistence is so great that it acts like the great wall of china. but, i believe it soon to be broken. am i right?

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Added on November 11, 2010, 8:55 pmyes, its the 'last mile' control of foreign entries. the question remains, is our telco business attractive enough to bring in the big players ... except Singtel?


This post has been edited by mikehwy: Nov 11 2010, 08:55 PM

Slept enough already it seems, engine is warming up now...

On bad trading day like yesterday and today ... TIMECOM manage to hold well.
That is a very good sign
the resistance at 0.75 is still strong and the big consolation, that it is mostly if not all are retails.

Mesta don't be like that la....
I had sold out the last 3 u mentioned and added in HSL and MBSB

BRGDS

This post has been edited by rosdi1: Nov 12 2010, 10:12 AM

....
The great wall at 0.75 at last broken,,,,,,,

Now we have to see how strong is the 0.80 wall.... it is just like the Berlin wall

This post has been edited by rosdi1: Nov 12 2010, 10:38 AM

The 0.75 wall does not appear as tough as we thought..and easily broken within few mins.

Right now riding on 0.775

Its cumming!!!! 77.5 now!!!! huat ar!!!!!!

It's suspended! What up??

Pending announcement....

Good news I guess

can suka2 suspend 1?

Any idea when it will resume trading?

sure got some project 1...
when open that time sure 1.75 already