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TSxbluewho
post Feb 14 2009, 10:57 PM, updated 17y ago

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hello hello...

just want to ask all the sifus here what do you think of this stock? the price is very the cheap. not sure what they do after they sold off 017 to maxis... time gold doesnt appear to be a good business nowadays since i dont see any promotion also coming from them. counter is at 0.28. worth buying and keeping for 1 year to 2 year ?

x
SUSDavid83
post Feb 15 2009, 01:00 AM

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I thought they're restructuring their business now. I read that the news before or during CNY.
TSxbluewho
post Feb 15 2009, 01:22 AM

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Yea, I heard that too. Restructuring to what kind of business? any indicator of new projects, investor?

cherroy
post Feb 15 2009, 10:24 AM

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Their financial result is always in red lately few year.

IPO at RM3.xx and hugely undersubscribed eventually underwriters needed to take up the rest while EPF has huge chunck of it.

Since then, it is sliding until now, in between people like to goreng it.

It is more a goreng and political linked counter now.

Its most valueable asset is its network cable (fibre optic) along the Malaysia.
TSxbluewho
post Feb 15 2009, 03:01 PM

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thanks a lot cherroy! would have bought a few if not for your good advice =)
cherroy
post Feb 15 2009, 05:46 PM

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QUOTE(xbluewho @ Feb 15 2009, 03:01 PM)
thanks a lot cherroy! would have bought a few if not for your good advice =)
*
Don't take my word. Just post what I know.

The share can rise or drop depended on market condition and changing of company fundamental itself.

I had no insight how the share price will be. It may rise, it may drop.

Invest/speculate at your own risk.

This post has been edited by cherroy: Feb 15 2009, 05:54 PM
TSxbluewho
post Feb 15 2009, 09:31 PM

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I basically question the same fundamentals you pointed out. eg. business activity. Only thing is that someone told me other wise...
mikenji
post Feb 15 2009, 10:02 PM

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Annual report:

PROFIT & LOSS @ 2007-12-31 @ 2006-12-31 @ 2005-12-31 @ 2004-12-31 @ - -
TURNOVER 301,061 335,395 459,927 578,376 -
OPERATING PROFIT -160,903 -177,076 -237,926 -831,905 -
PROFIT/LOSS BEFORE TAX -160,903 -177,076 -237,926 -831,905 -
NET PROFIT/LOSS TO SHAREHOLDERS -160,673 -177,782 -238,898 -833,241 -
( Inclusive of )
Depreciation (14,094) (16,782) (18,120) (17,332) -
Interest (13,371) (52) (195) (1,468) -
Taxation (-230) (706) (972) (1,336) -
*All figures in RM'000

GROSS EPS (SEN) -6.30 -7.00 -9.40 -32.90


Negative for the past 4 annual years

Latest 5 quarterly report :

Turnover ('000) 230,272 70,789 66,041 71,248 76,235 284,313
Profit before Tax ('000) -110,366 -50,537 -55,977 602,063 -3,867 491,682
Net Profit ('000) -110,730 -49,943 -56,082 601,973 -3,458 492,490
EPS (sen) -1.500 -1.970 -2.220 23.790 -0.140 19.46

Fail with flying colour ... fundamental reason to buy ... no , nothing ...
Other reason to buy ... umno political link counter + najib soon to be PM at march ...

For me, nv put my money for a company that never makes money ...
Buying base on political link reason is merely for goreng, 50/50 ... =) mini casino ....
Lose , no reason to blame, win coz lucky ...

Will the new CEO appointed , have not read his latest turnaround plan ....
Need to gun down gpacket , keywest, redtone , innity to revive timecom ...

sharing purpose ... =)

ummm ....





theofys
post Apr 12 2009, 09:43 PM

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even when they sold the 3G spectrum to DiGi.Com Bhd in exchange of the latter's shares , TDC's share price has not been performing commendably

And I doubt the new CEO can turn around this company to the black...

Superman7
post Dec 2 2009, 01:55 AM

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seemed like the new CEO managed to turn the company around.. making profit in the 3Q 2009.
What's the take now?
andrewckj
post Dec 2 2009, 06:15 PM

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QUOTE(Superman7 @ Dec 2 2009, 01:55 AM)
seemed like the new CEO managed to turn the company around.. making profit in the 3Q 2009.
What's the take now?
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Making profit is one thing, but what is the direction the company is heading to..this is the ultimate question...
Superman7
post Dec 3 2009, 06:20 PM

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QUOTE(andrewckj @ Dec 2 2009, 06:15 PM)
Making profit is one thing, but what is the direction the company is heading to..this is the ultimate question...
*
The company has almost zero borrowings after selling off a portion of its Digi shares.
moreover, it's the only provider after TM..
thkhong
post Mar 26 2010, 11:14 AM

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Can anyone throw some light on this counter. It shot up to 0.505 and came down to todays lowest at 0.465. Now I see some build up for a forward push maybe in the 2nd. session. I bought at 0.495 this morning at the spur of the moment but thank god it has recovered back to 0.495. hope to do a intra day gain for teh tarik ha....
ronn77
post Mar 27 2010, 07:51 PM

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QUOTE(thkhong @ Mar 26 2010, 11:14 AM)
Can anyone throw some light on this counter. It shot up to 0.505 and came down to todays lowest at 0.465. Now I see some build up for a forward push maybe in the 2nd. session. I bought at 0.495 this morning at the spur of the moment but thank god it has recovered back to 0.495. hope to do a intra day gain for teh tarik ha....
*
I have quite many of this stocks. Average price of about 50 cents.
Basically lately this company has turn around from loss to making money in their latest financial results largely due to lesser borrowings and some restructuring. For me I think this company will be on uptrend as it's been quite a while that it never been "goreng".





mikehwy
post Aug 4 2010, 11:14 PM

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Hello all,

this counter was seen with strong play in the late afternoon, after 3pm today. any news about it? from the transactions, it would appear that there were 'big' buyers, at 5000 units per deal throughout ..... ???


ronn77
post Aug 5 2010, 09:51 AM

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QUOTE(mikehwy @ Aug 4 2010, 11:14 PM)
Hello all,

this counter was seen with strong play in the late afternoon, after 3pm today. any news about it? from the transactions, it would appear that there were 'big' buyers, at 5000 units per deal throughout ..... ???
*
It's not only yesterday that this counter is having huge vol. For the past couple of years this counter is seems having a strong buying vols but the stock did not move (same happened to Time where huge vols buying which triggered the stock from 5 cents up to over 40 cents). Timecom appears to be in stronger financially this year as they managed to settled large chuck on their debts and of course this company is holding a valuable asset (which is 10% of Digi shares in exchange of their 3G license). I see the recent increase is because of this counter did not move up a lot despite the recent bull and it's time for it to move further. I'm still holding tight for this stocks and already in a black territory fm red last year and hope it can reach at least 80 cents before deciding what to do next.

coconutzz
post Aug 5 2010, 10:29 AM

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I bought 2 days ago at 60 cents...and it's 70 cents today!...Huat ar!!!!!..
mikehwy
post Aug 5 2010, 02:01 PM

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QUOTE(coconutzz @ Aug 5 2010, 10:29 AM)
I bought 2 days ago at 60 cents...and it's 70 cents today!...Huat ar!!!!!..
*
yaya, huat ah!!!! hope can close at 75 sen? lol ....
tohff7
post Aug 11 2010, 06:44 PM

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i 'bought' at 0.375 $_$
coconutzz
post Aug 12 2010, 09:23 PM

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QUOTE(tohff7 @ Aug 11 2010, 06:44 PM)
i 'bought' at 0.375 $_$
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Kewll!!! ....time to sell bro
mikehwy
post Aug 12 2010, 09:31 PM

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i think its going upwards!!! judging byy the transactional movement, it has very strong support these days. worth keeping for another short while.

cwhong
post Aug 13 2010, 07:09 PM

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anyone know why time non-stop dispose timecom share leh? pay debts?

http://www.theedgemalaysia.com/business-ne...com-shares.html
sn2368
post Aug 13 2010, 09:43 PM

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QUOTE(cwhong @ Aug 13 2010, 07:09 PM)
anyone know why time non-stop dispose timecom share leh? pay debts?

http://www.theedgemalaysia.com/business-ne...com-shares.html
*
I'm glad that there are some smart investors in this forum who is interested in Time Dotcom.
Forget about the dismal share price performance for the last few years.
With the new shareholder and ceo, Afzal Abdul Rahim, TDC is a totally new animal.
To me, this is blue chip in the making (expect to be $2 to $3 in a year or 2), but available at penny price today.
Non-performing assets have been written off, zero debt, revenue & profit margin in upward trend for the last few quarters. Don't have to believe what I've said, just visit www.time.com.my check out the latest annual report & the analyst briefing slides dated 8 July 2010.
In fact the day after the analyst briefing, the volumn & price started to shot up till now.
Who's quitely buying TDC ?
Must be the big boys, the institution investors.
Despite Time Enginering selling about 100 million TDC shares in the OPEN MARKET (to repay its own debt), yet the prices TDC are still generally on a up trend.
Watch out for the latest quarterly annoucement in these 2 weeks, should be some pleasant surprises.
World stock market sentiment is weak, so accumulate TDC that's expose to domestic economy with explosive growth potential.

Polaris
post Aug 15 2010, 08:53 AM

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I'll grab a few lots when it retrace back to 50 sen
ronn77
post Aug 15 2010, 11:23 AM

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QUOTE(sn2368 @ Aug 13 2010, 09:43 PM)
I'm glad that there are some smart investors in this forum who is interested in Time Dotcom.
Forget about the dismal share price performance for the last few years.
With the new shareholder and ceo, Afzal Abdul Rahim, TDC is a totally new animal.
To me, this is blue chip in the making (expect to be $2 to $3 in a year or 2), but available at penny price today.
Non-performing assets have been written off, zero debt, revenue & profit margin in upward trend for the last few quarters. Don't have to believe what I've said, just visit www.time.com.my check out the latest annual report & the analyst briefing slides dated 8 July 2010.
In fact the day after the analyst briefing, the volumn & price started to shot up till now.
Who's quitely buying TDC ?
Must be the big boys, the institution investors.
Despite Time Enginering selling about 100 million TDC shares in the OPEN MARKET (to repay its own debt), yet the prices TDC are still generally on a up trend.
Watch out for the latest quarterly annoucement in these 2 weeks, should be some pleasant surprises.
World stock market sentiment is weak, so accumulate TDC that's expose to domestic economy with explosive growth potential.
*
good advise. anyway could you shed some light on what is the profitable businesses they have to generate substantial income to be in blue chip? as to my understanding now the 3g license is sold to digi and they just merely operating some fibre connection to businesses and some housing areas (of course not to be forgotten the 10% digi shares they hold in the exchange of the license). anyway I do keep my fingers cross that this counter may hit rm1 soon and I don't see it will retreat to under 60 cents at this movement trend. since past couple of years, I'd been seeing a good vols movement but they keep the price low (I believe this is done purposely to collect cheap and goreng it when they hold majority).

keep finger cross and bring back the dotcom era


Added on September 9, 2010, 9:46 amJUst would like to share some info received this morning and might be a huge lift to Timecom earnings in coming years.

Astro TV conducting IPTV trials with Time dotCom
By B.K. SIDHU
bksidhu@thestar.com.my


PETALING JAYA: With Telekom Malaysia Bhd ™ venturing into the
broadcasting business with its IPTV (internet protocol TV) offering, Astro
TV is not about to let any of its market share slip by without a fight.

It is learnt that Astro TV is conducting trials for its IPTV offering in
Mont Kiara by riding on Time dotCom Bhd's (TDC) fibre optic fast-speed
network.

Astro TV needs an IPTV platform and if it were to wait till sister company
Maxis Communications Bhd completes its network build-up, that may well give
TM an edge in some places.

Hence, the trials with TDC which began at the end of July involving about
100 users.

Sources said this was a technical trial for the Astro b.yond to determine if
the network was able to carry enough video content at fast speed. TDC is
providing the GPON infrastructure for the trials.

A GPON access network not only enables telcos to build and support video
services, but provides the ability to scale the network to deliver any
bandwidth-hungry services such as HDTV (high definition TV) and VOD (video
on demand), an IP-based broadband video service.

Astro needs a minimum of 15-20 megabits per second (Mbps) for content
delivery and TDC's network can provide up to 100Mbps. Sources said trial
users were able to watch all of Astro's programmes in HD and 3D quality.

The trials make TDC a potential contender for access to Astro besides Maxis.
However, since TDC only focuses on multi-dwellings such as condominiums and
apartments blocks, its reach may be limited. TDC finds it too costly to
focus on fibre to the home as done by TM.

TM is bundling IPTV with its high-speed broadband service known as Unifi.
But content will remain the differentiating factor in the IPTV business. For
now, Astro has rights to loads of content but don't underestimate TM as it
is tying to link up with a lot of content providers to make its IPTV
proposition appealing.

Maxis, on the other hand, is working overtime to get a fast-speed Internet
network up. It has appointed Huawei as the exclusive supplier for the next
generation network. Maxis said the job would also include the building and
managing of a full-service Fibre To The X network using GPON technologies.

Maxis has also conducted trails for IPTV involving 50-odd users during the
recent World Cup.

Whether Astro will need more than one player to deliver its IPTV content is
unclear but Maxis certainly is building a fibre optic network in its quest
to become a quad player and it will have to rely on content from Astro.


This post has been edited by ronn77: Sep 9 2010, 09:46 AM
rosdi1
post Oct 18 2010, 12:58 PM

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Attached Image

It look like TIMECOM is ready to make another move.
TP: 0.95
Timrframe : 30 Trading days
mikehwy
post Oct 18 2010, 02:37 PM

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haha bro rosdi, 'your' timecom chart has a very lovely 'ugly' uptrend !!!

it has to go up for my Xmas holiday ... please.


rosdi1
post Oct 18 2010, 03:39 PM

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QUOTE(mikehwy @ Oct 18 2010, 02:37 PM)
haha bro rosdi, 'your' timecom chart has a very lovely 'ugly' uptrend !!!

it has to go up for my Xmas holiday ... please.
*
Attached Image

This monthly chart look very nice.. but got to wait a bit longer
mikehwy
post Oct 18 2010, 11:23 PM

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QUOTE(rosdi1 @ Oct 18 2010, 03:39 PM)
Attached Image

This monthly chart look very nice.. but  got to wait a bit longer
*
roger !!! hope the trading volumn can sustain well. tues morning shall be exciting to see if there's follow thru.

thanks bro
xenon_aniki
post Oct 19 2010, 06:27 AM

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bro rosdi, what charting software that u used?
yok70
post Oct 19 2010, 01:52 PM

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everyday morning consolidation, afternoon buying force coming. Hope today also the same. tongue.gif

cckkpr
post Oct 19 2010, 02:37 PM

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HLG has initiated coverage with a TP of 89cents.
rosdi1
post Oct 19 2010, 04:46 PM

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QUOTE(xenon_aniki @ Oct 19 2010, 06:27 AM)
bro rosdi, what charting software that u used?
*
Metastock Pro...
on EOD data
I like to use Parabolic SAR, MA 50, MA7, MA3, ADX(12)

This post has been edited by rosdi1: Oct 19 2010, 04:48 PM
yok70
post Oct 19 2010, 05:45 PM

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QUOTE(rosdi1 @ Oct 19 2010, 04:46 PM)
Metastock Pro...
on EOD data
I like to use Parabolic SAR, MA 50, MA7, MA3, ADX(12)
*
so after today's consolidation, does your TA graph still look good? I'm still holding it though, but starts to sweat a little. sweat.gif

rosdi1
post Oct 20 2010, 11:34 AM

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QUOTE(yok70 @ Oct 19 2010, 05:45 PM)
so after today's consolidation, does your TA graph still look good? I'm still holding it though, but starts to sweat a little.  sweat.gif
*
my trade for TIMECOM is like this

Buy: 0.690
Average down at 0.67
Average up: 0.75
Cut Loss: 0.645
Pick up again : 0.65
TP: 0.95
Time Frame: 30 Trading days ( end Nov 10)


ronn77
post Oct 20 2010, 11:40 AM

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QUOTE(rosdi1 @ Oct 20 2010, 11:34 AM)
my trade for TIMECOM is like this

Buy: 0.690
Average down at 0.67
Average up: 0.75
Cut Loss: 0.645
Pick up again : 0.65
TP: 0.95
Time Frame:  30 Trading days ( end Nov 10)
*
Rosdi, do you think this stock can hit 0.95 soon? As my target price is RM1 and thinking of wehther to dispose this share at short or medium term.
mikehwy
post Oct 20 2010, 12:33 PM

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QUOTE(rosdi1 @ Oct 20 2010, 11:34 AM)
my trade for TIMECOM is like this

Buy: 0.690
Average down at 0.67
Average up: 0.75
Cut Loss: 0.645
Pick up again : 0.65
TP: 0.95
Time Frame:  30 Trading days ( end Nov 10)
*
I remember abt 2 years back the price hit 1.14. i won quite a bit those days. lets hope the good times roll again .... come on, lets ROCK!!!

tanks bro rosdi for the chart and trading strategy. i am holding some old stocks and still hoping.
rosdi1
post Oct 20 2010, 01:27 PM

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Now that we are interested again in TdC why don't we look more into it.
to start with you may like to look at ths
http://www.time.com.my/downloads/corporate...te_may_2010.pdf
Now that they are a new team headed by a 32 years old CEO.
Khazanah had sold their 30% share to their 60% Subsidiary called Pulau Kapas Venture PKV. ( Any one knows who own the other 40%of this PKV)
Anyway the CEOAfzal had some share in PKV. the rest own by Global Transit International Sdn Bhd which in turn is the subsidiary of AIMS Asia Group... so it is own by someone who don't want others to know who hw is.

This post has been edited by rosdi1: Oct 20 2010, 01:28 PM
mikehwy
post Oct 21 2010, 12:14 AM

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it shows very very strong support at 0.70 with, as we said, 5k men around. they bought in hurry!!! keep our watch.
rosdi1
post Oct 21 2010, 11:11 AM

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QUOTE(mikehwy @ Oct 21 2010, 12:14 AM)
it shows very very strong support at 0.70 with, as we said, 5k men around. they bought in hurry!!! keep our watch.
*
Will it be like an ERL to 0.75?
yok70
post Oct 21 2010, 11:26 AM

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today power up again! flex.gif

mikehwy
post Oct 21 2010, 11:36 AM

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QUOTE(rosdi1 @ Oct 21 2010, 11:11 AM)
Will it be like an ERL to 0.75?
*
looks like surpassing your '0.75' very soon.

hope so.
Eng_Tat
post Oct 21 2010, 12:24 PM

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sorry, what is erl stands for? thanks
rosdi1
post Oct 21 2010, 01:00 PM

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QUOTE(Eng_Tat @ Oct 21 2010, 12:24 PM)
sorry, what is erl stands for? thanks
*
Express Rail Link... the one that go from Sentral to KLIA
I got cheated the other day.... the booth at the arrival near the baggage collection sold me an expired ticket.

Someone just mention to me this can just be the Window Dressing for The UMNO Meeting

This post has been edited by rosdi1: Oct 21 2010, 01:03 PM
Eng_Tat
post Oct 21 2010, 01:01 PM

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lol, rosdi did u bought this share as well?
mikehwy
post Oct 21 2010, 08:06 PM

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QUOTE(rosdi1 @ Oct 21 2010, 01:00 PM)
Express Rail Link... the one that go from Sentral to KLIA
I got cheated the other day.... the booth at the arrival near the baggage collection sold me an expired ticket.

Someone just mention to me this can just be the Window Dressing for The UMNO Meeting
*
usually,as i remember, umno meeting week is quiet, and will only move after the meet. this year, few umno counters are seemed to be eager to move. lets hope tmr afternoon will see the KLSE flourish !!! ... can i use the word flourish???
Icehart
post Oct 22 2010, 10:15 AM

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Dropped in price currently, can enter now tongue.gif
Darkmage12
post Oct 22 2010, 11:05 AM

shhhhhhhhh come i tell you something hehe
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QUOTE(mikehwy @ Oct 21 2010, 11:36 AM)
looks like surpassing your '0.75' very soon.

hope so.
*
ERL have to stop at certain points so express should be better tongue.gif
mikehwy
post Oct 22 2010, 11:58 PM

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come on, let us be more optimistic, just like the 1st 10 minutes of our KLSE each morning. ... oh no, actually i am losing some dole these few days. sob sob
rosdi1
post Oct 26 2010, 11:02 AM

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look like the Bull is pushing hard
mikehwy
post Oct 26 2010, 12:45 PM

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yes, bulls are obvious, i think the bulls are collecting for another push?


Added on October 26, 2010, 12:45 pmlarge volme bu playing at 0.72. who are these people ... the 5k men again?


This post has been edited by mikehwy: Oct 26 2010, 12:45 PM
coconutzz
post Oct 26 2010, 02:26 PM

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5k man?
yok70
post Oct 26 2010, 05:30 PM

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not an easy job to push up since profit taking was very heavy.
but it able to maintain good volume. flex.gif

coconutzz
post Oct 27 2010, 01:44 PM

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The bull missing today?
rosdi1
post Nov 10 2010, 09:53 AM

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Today recovery day....????
some new push
ronn77
post Nov 10 2010, 10:13 AM

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vols been very encouraging since this week. signs of another pushing?

come on timecom, U can do it.. rclxms.gif rclxms.gif rclxms.gif
rosdi1
post Nov 10 2010, 12:09 PM

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QUOTE(ronn77 @ Nov 10 2010, 10:13 AM)
vols been very encouraging since this week. signs of another pushing?

come on timecom, U can do it.. rclxms.gif  rclxms.gif  rclxms.gif
*
look like you r going to cheer up whole day today.
I m thinking 0.75 is a good point to exit some
yok70
post Nov 10 2010, 12:20 PM

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Another round of timecom rally has come. rclxms.gif

coconutzz
post Nov 10 2010, 01:23 PM

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Huat arrr!!!
popcorn513
post Nov 10 2010, 03:04 PM

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QUOTE(coconutzz @ Nov 10 2010, 01:23 PM)
Huat arrr!!!
*
Wow, those bought at 0.50 on Sept really Huat!!!
rosdi1
post Nov 11 2010, 09:29 AM

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QUOTE(yok70 @ Nov 10 2010, 12:20 PM)
Another round of timecom rally has come.  rclxms.gif
*
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
ronn77
post Nov 11 2010, 10:03 AM

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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 notworthy.gif notworthy.gif notworthy.gif

rosdi1
post Nov 11 2010, 10:12 AM

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QUOTE(ronn77 @ Nov 11 2010, 10:03 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  notworthy.gif  notworthy.gif  notworthy.gif
*
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
ronn77
post Nov 11 2010, 10:20 AM

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QUOTE(rosdi1 @ Nov 11 2010, 10:12 AM)
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.
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post Nov 11 2010, 10:31 AM

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QUOTE(rosdi1 @ Nov 11 2010, 10:12 AM)
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
*
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

yok70
post Nov 11 2010, 10:58 AM

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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! icon_rolleyes.gif

cwhong
post Nov 11 2010, 06:25 PM

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QUOTE(yok70 @ Nov 11 2010, 10:58 AM)
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!  icon_rolleyes.gif
*
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.... icon_rolleyes.gif
coconutzz
post Nov 11 2010, 08:22 PM

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i m banging hard on this! just added another 30k units today
yok70
post Nov 11 2010, 08:27 PM

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QUOTE(cwhong @ Nov 11 2010, 06:25 PM)
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....  icon_rolleyes.gif
*
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. smile.gif

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post Nov 11 2010, 08:52 PM

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QUOTE(coconutzz @ Nov 11 2010, 08:22 PM)
i m banging hard on this! just added another 30k units today
*
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.


Added on November 11, 2010, 8:54 pm
QUOTE(rosdi1 @ Nov 11 2010, 09:29 AM)
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
*
agree 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?


Added on November 11, 2010, 8:55 pm
QUOTE(yok70 @ Nov 11 2010, 08:27 PM)
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.  smile.gif
*
yes, 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
yok70
post Nov 12 2010, 09:57 AM

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

rosdi1
post Nov 12 2010, 10:00 AM

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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.

QUOTE(MESTA @ Nov 11 2010, 10:31 AM)
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
*
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
rosdi1
post Nov 12 2010, 10:31 AM

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....
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
ronn77
post Nov 12 2010, 10:39 AM

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QUOTE(rosdi1 @ Nov 12 2010, 10:31 AM)
....
The great wall at 0.75 at last broken,,,,,,,
*
The 0.75 wall does not appear as tough as we thought..and easily broken within few mins.

Right now riding on 0.775 rclxms.gif
coconutzz
post Nov 12 2010, 10:40 AM

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Its cumming!!!! 77.5 now!!!! huat ar!!!!!!
yok70
post Nov 12 2010, 10:57 AM

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It's suspended! What up?? shocking.gif

coconutzz
post Nov 12 2010, 11:10 AM

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Pending announcement....

Good news I guess smile.gif
JamesPond
post Nov 12 2010, 11:28 AM

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can suka2 suspend 1?
Icehart
post Nov 12 2010, 11:28 AM

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Any idea when it will resume trading?
JamesPond
post Nov 12 2010, 11:30 AM

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sure got some project 1...
when open that time sure 1.75 already
ronn77
post Nov 12 2010, 11:31 AM

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Timecom suspended and now they goreng the mother "Time" which is the most active counter up 7.5 cents.

Lol...must be some big thing coming soon...

Lets rock, Timecom!
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post Nov 12 2010, 11:32 AM

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Hmm, I'll be watching this counter very closely.

This post has been edited by Icehart: Nov 12 2010, 11:32 AM
ronn77
post Nov 12 2010, 11:35 AM

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To my understanding, Timecom is running some test to provide digital content for Maxis which they trial-run on certain areas via the fibre optics network (instead of using satellite dish). Could this be the news that we are waiting for?
coconutzz
post Nov 12 2010, 11:37 AM

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Mother TIME got not much shares anymore in TIMECOM...

So if they goreng TIME then dunno wats the news
yiptan2329
post Nov 12 2010, 11:43 AM

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TIMECOM-Request For Suspension
LISTING'S CIRCULAR NO. L/Q : 59129 OF 2010
Kindly be advised that at the request of the above Company, trading in its
shares has been suspended with effect from 10.42 a.m., Friday, 12 November
2010, pending a material announcement.
Sr. Mgr. Issuers, Listing Div.

What happens to Time?
coconutzz
post Nov 12 2010, 11:46 AM

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I strongly believe it's GOOD NEWS!
yiptan2329
post Nov 12 2010, 11:49 AM

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I bought at 0.53, holding for more than 1 year. Seem I need to wait and see.
popcorn513
post Nov 12 2010, 11:52 AM

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You guys 1 day get +15%, today i already -3%, donno want to throw it cry.gif
ronn77
post Nov 12 2010, 12:25 PM

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Fyi, going to suspend until next Mon evening 5pm.

REQUEST FOR SUSPENSION OF TRADING
TIME DOTCOM BERHAD (TdC OR COMPANY)
REQUEST FOR SUSPENSION OF TRADING
On behalf of TdC, CIMB Investment Bank Berhad wishes to announce that Bursa
Malaysia Securities Berhad (Bursa Securities) has approved the request for
suspension for the trading of TdCs securities with effect from 9.00 a.m. on
Monday, 15 November 2010 to 5.00 p.m. Monday, 15 November 2010.
The request for suspension is made under subparagraph 3.1(b) of Practice Note
No. 2 on Requests for Suspension of the Main Market Listing Requirements of
Bursa Securities in view that TdC intends to make a material announcement on a
potential corporate exercise.

rosdi1
post Nov 12 2010, 12:30 PM

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QUOTE(ronn77 @ Nov 12 2010, 11:31 AM)
Timecom suspended and now they goreng the mother "Time" which is the most active counter up 7.5 cents.

Lol...must be some big thing coming soon...

Lets rock, Timecom!
*
Yes
Time move much more.
I think TIME had make a resolution some time back to sell of their holding in TIMECOM.
I think they had done that , if not all, partially at 0.59
Brgds
hexen7
post Nov 12 2010, 12:56 PM

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Depends on what kind of news , Timecom might limit up on Tues smile.gif
ronn77
post Nov 12 2010, 02:08 PM

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QUOTE(rosdi1 @ Nov 12 2010, 12:30 PM)
Yes
Time move much more.
I think TIME had make a resolution some time back to sell of their holding in TIMECOM.
I think they had done that , if not all, partially at 0.59
Brgds
*
well rosdi, have you sell any of your TC so far?
rosdi1
post Nov 12 2010, 03:11 PM

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QUOTE(ronn77 @ Nov 12 2010, 02:08 PM)
well rosdi, have you sell any of your TC so far?
*
No
targeted 0.795 but never hit that before the suspension.
this morning manage to some more at 0.735 averaging up to 0.715.
My HTPADU was totally sold out at 1.31 and manage to get 20% gain.
The others don't look good at all... diving down like a roller coaster...
Brgds
benlaw
post Nov 12 2010, 03:44 PM

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when the volume so high
value cap at 60M

the punters already sell out by gaining attention
you can check

all accumulate at average 0.3+
duno y u all go in
if there are future newss also
will be later after consolidate first
rosdi1
post Nov 12 2010, 04:14 PM

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QUOTE(benlaw @ Nov 12 2010, 03:44 PM)
when the volume so high
value cap at 60M

the punters already sell out by gaining attention
you can check

all accumulate at average 0.3+
duno y u all go in
if there are future newss also
will be later after consolidate first
*
Benlaw
To me the answer to all this is so simple..
We don't use the same Guru and that also create the trade......
In this case of TIMECOM is a bit different ....
The buyer today is not the retailers ... The buyers come in ten thousands blocks.
We retailers are just the sellers or just the cheer group like me...
BRgds

mikehwy
post Nov 12 2010, 04:56 PM

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suspended !!! if good news its going to fly....but Dows future now down over 100 .... going to be a terrible monday.
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post Nov 12 2010, 05:06 PM

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Let wait for the good news


Best of luck to you all


This post has been edited by SKY 1809: Nov 12 2010, 07:41 PM
ronn77
post Nov 12 2010, 07:44 PM

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the mothershares vols surpass 1M mark today, seems that strong buying and the momentum is there. I believe the Time will push for another round in Mon due to absense of the son...lol.

rosdi, let's wait TC to surpass RM1 then only we decide what to do..biggrin.gif
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post Nov 12 2010, 08:33 PM

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There was an offer long time by Singtel to buy the Fiber Optic from Time at rm 6/a share, the deal failed bcos the objection by a VIP at the time.

At rm one, it is the cheapest telco around.
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post Nov 12 2010, 09:11 PM

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yes, i remember. the deal was cancelled at the very last minute. themarket was furius at that time. is this time real? let s see.
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post Nov 12 2010, 09:20 PM

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deleted

This post has been edited by SKY 1809: Nov 12 2010, 10:51 PM
hexen7
post Nov 12 2010, 10:45 PM

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Finger CRoss smile.gif Fly

This post has been edited by hexen7: Nov 12 2010, 10:45 PM
rosdi1
post Nov 14 2010, 12:15 AM

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Monday suspended still... only going to reopen on Tuesday...
Have to plan to run on the open...
Hopefully there will be a gaping...
mikehwy
post Nov 14 2010, 08:03 PM

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QUOTE(rosdi1 @ Nov 14 2010, 12:15 AM)
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.


ronn77
post Nov 15 2010, 11:12 AM

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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
hexen7
post Nov 15 2010, 12:51 PM

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Still no news on why Timecom was suspended?
mikehwy
post Nov 15 2010, 02:43 PM

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QUOTE(ronn77 @ Nov 15 2010, 11:12 AM)
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
*
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.
coconutzz
post Nov 15 2010, 05:02 PM

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News is out!!!!

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


Not sure good news or bad news though
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post Nov 15 2010, 05:57 PM

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QUOTE(coconutzz @ Nov 15 2010, 05:02 PM)
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:Attached Image
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
coconutzz
post Nov 15 2010, 06:00 PM

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QUOTE(rosdi1 @ Nov 15 2010, 05:57 PM)
After reading the documents  I manage to pick up this:
I think this is the summary of the report:Attached Image
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?
rosdi1
post Nov 15 2010, 07:27 PM

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QUOTE(coconutzz @ Nov 15 2010, 06:00 PM)
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

cckkpr
post Nov 15 2010, 09:17 PM

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QUOTE(rosdi1 @ Nov 15 2010, 07:27 PM)
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.
rosdi1
post Nov 15 2010, 09:46 PM

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QUOTE(cckkpr @ Nov 15 2010, 09:17 PM)
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.
hexen7
post Nov 15 2010, 10:17 PM

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imo just hold on for the moment
cckkpr
post Nov 15 2010, 10:55 PM

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QUOTE(rosdi1 @ Nov 15 2010, 09:46 PM)
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.
*
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".
mikehwy
post Nov 16 2010, 12:02 AM

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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?

ronn77
post Nov 16 2010, 08:56 AM

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guys, things looks bad..it should be limit down as par value dropped by 90%. I shall watch the price closely today.
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post Nov 16 2010, 08:59 AM

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Any idea as to why TDC drops to 0.70 low?
coconutzz
post Nov 16 2010, 09:04 AM

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QUOTE(Icehart @ Nov 16 2010, 08:59 AM)
Any idea as to why TDC drops to 0.70 low?
*
Because of yesterday's announcement...


Added on November 16, 2010, 9:05 am
QUOTE(ronn77 @ Nov 16 2010, 08:56 AM)
guys, things looks bad..it should be limit down as par value dropped by 90%. I shall watch the price closely today.
*
what is the limit down ?


This post has been edited by coconutzz: Nov 16 2010, 09:05 AM
Icehart
post Nov 16 2010, 09:06 AM

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QUOTE(coconutzz @ Nov 16 2010, 09:04 AM)
Because of yesterday's announcement...


Added on November 16, 2010, 9:05 am
what is the limit down ?
*
Just a reduction of capital. What's the big fuss? Care to enlighten more? hmm.gif
mikehwy
post Nov 16 2010, 09:08 AM

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omg, now trading at days low, 0.645 ......
rosdi1
post Nov 16 2010, 09:18 AM

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QUOTE(mikehwy @ Nov 16 2010, 09:08 AM)
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
zamans98
post Nov 16 2010, 09:27 AM

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COme down to 60c!!! Come on whistling.gif

This post has been edited by zamans98: Nov 16 2010, 09:27 AM
ronn77
post Nov 16 2010, 09:28 AM

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QUOTE(rosdi1 @ Nov 16 2010, 09:18 AM)
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


Added on November 16, 2010, 9:26 am

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
*
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..
yok70
post Nov 16 2010, 09:43 AM

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QUOTE(ronn77 @ Nov 16 2010, 09:28 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! hmm.gif


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post Nov 16 2010, 09:47 AM

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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.
kroegand
post Nov 16 2010, 09:52 AM

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QUOTE(Kinitos @ Nov 16 2010, 09:47 AM)
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 rclxms.gif
IntegraTypeR
post Nov 16 2010, 09:57 AM

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QUOTE(Kinitos @ Nov 16 2010, 09:47 AM)
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.
*
Isn't a bad thing for current shareholders, if I did not understood it incorrectly ?
rosdi1
post Nov 16 2010, 10:07 AM

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QUOTE(ronn77 @ Nov 16 2010, 09:28 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 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
coconutzz
post Nov 16 2010, 10:40 AM

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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 smile.gif
hexen7
post Nov 16 2010, 10:54 AM

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QUOTE(coconutzz @ Nov 16 2010, 10:40 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 smile.gif
*
Same holding, maybe picking up another XXX lots if it drops any lower
yok70
post Nov 16 2010, 11:34 AM

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

Now awaiting for some in depth comments from research houses. cool.gif

rosdi1
post Nov 16 2010, 12:26 PM

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QUOTE(yok70 @ Nov 16 2010, 11:34 AM)
Hope for the best. I'm holding it for now.  sweat.gif

Now awaiting for some in depth comments from research houses.  cool.gif
*
This is posted by the sun:-

Attached File  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
yok70
post Nov 16 2010, 12:32 PM

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hong leong paper.
TP remains at 0.89.


Added on November 16, 2010, 12:34 pm
QUOTE(rosdi1 @ Nov 16 2010, 12:26 PM)
This is posted by the sun:-
[attachmentid=1887905]

Brgds
*
Thanks, but not complete leh. Hope can read entire article. biggrin.gif


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


Attached File(s)
Attached File  TimeDotCom_Transforming.pdf ( 549.19k ) Number of downloads: 23
mikehwy
post Nov 16 2010, 01:16 PM

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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.

yok70
post Nov 16 2010, 01:27 PM

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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
rosdi1
post Nov 16 2010, 01:35 PM

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QUOTE(yok70 @ Nov 16 2010, 12:32 PM)
hong leong paper.
TP remains at 0.89.


Added on November 16, 2010, 12:34 pm

Thanks, but not complete leh. Hope can read entire article.  biggrin.gif
*
Sorry
this is the updated post
Attached File  Timedot_com_on_Sun.pdf ( 189.62k ) Number of downloads: 42

TQ
popcorn513
post Nov 16 2010, 02:43 PM

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QUOTE(rosdi1 @ Nov 16 2010, 01:35 PM)
Sorry
this is the updated post
Attached File  Timedot_com_on_Sun.pdf ( 189.62k ) Number of downloads: 42

TQ
*
rclxms.gif rclxms.gif So rajin go and snape the article from the Sun page 16 to us
I not involve in TDC so not much feeling
coconutzz
post Nov 16 2010, 03:06 PM

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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


hexen7
post Nov 16 2010, 03:35 PM

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QUOTE(coconutzz @ Nov 16 2010, 03:06 PM)
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

Polaris
post Nov 16 2010, 03:35 PM

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QUOTE
KUALA LUMPUR: Shares of Time dotCom fell at the start of trade on Tuesday, Nov 16 after it proposed a corporate exercise but investors were unhappy with the share capital reduction and share consolidation.

At 9am, it was down 11 sen to 66 sen and there were 2.5 million shares done. Time Engineering, which had risen recently as it rode on positive news expected from Time dotCom, fell six sen to 46 sen.

The FBM KLCI was up 1.76 points to 1,503.32. Turnover was 20.12 million shars valued at RM11.9 million. There were 88 gainers, 22 losers and 84 counters unchanged.

Time dotCom is undertaking a RM339 million acquisition exercise of several companies in the telecommunication services and infrastructure industry in a bid to transform itself into a regional player. As part of the corporate exercise, it is undertaking a share capital reduction, capital repayment and the acquisition of four companies as it seeks to expand into the regional telecommunications industry.

The exercise involves a share capital reduction of its paid-up of RM2.53 billion, comprising of 2.53 billion shares of RM1 each by cancelling 90 sen of the par value, followed by a share consolidation of the 2.53 billion 10 sen shares into 506.15 million shares, on the basis of five shares of 10 sen each to one share of 50 sen each in Time dotCom.

Time dotCom also entered into two memoranda of agreements with the shareholders of Megawisra Sdn Bhd and Global Transit Ltd (Labuan) to acquire four companies for a total of RM286.5 million via the issuance of new shares and RM38.4 million cash.

The four companies are Global Transit Communications Sdn Bhd for RM106 million, Global Transit Ltd for RM105 million, Global Transit (HK) Ltd and Global Transit Singapore Pte Ltd for RM1 each and AIMS Group for RM128 million in cash and shares. It also proposed a capital repayment of RM50.61 million or two sen per TdC share.


Bravo, very goldman sachs.
ronn77
post Nov 16 2010, 03:56 PM

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well..I got no clue on what is the best solution to hold or to let go of this stock. I will seek for more expert advise before deciding. At this moment, still keep my hold to this stock...hope I'm right.
cckkpr
post Nov 16 2010, 08:04 PM

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The market never like related party transaction as there is a tendency to overvalue the acquiree companies and issue undervalue shares.

In this instant, the shares to be issued are price based on the average price for the past few days and the point to note is are the companies to be acquired are priced fairly.

Even Genting will be sold down in its related party transactions.

mcb!
alfredfx
post Nov 17 2010, 12:41 PM

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here is the report and corporate presentation slides

http://mystockidea.blogspot.com/2010/11/ti...ion-slides.html
rosdi1
post Nov 17 2010, 12:55 PM

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QUOTE(cckkpr @ Nov 16 2010, 08:04 PM)
The market never like related party transaction as there is a tendency to overvalue the acquiree companies and issue undervalue shares.

In this instant, the shares to be issued are price based on the average price for the past few days and the point to note is are the companies to be acquired are priced fairly.

Even Genting will be sold down in its related party transactions.

mcb!
*
I agree with you totally.
I think their move to intermix few announcements together is not a wise move and get the market very nervous .
looking at the chart:
[attachmentid=1889632]Attached Image
It look like the support at at 0.595 and 0.71 will form a resistance.
A good 3Q result to be announce next week? will provide a new push to the price.
So my Short term TP: 0.71 with stop at 0.59
Good Luck
B Rgds
ronn77
post Nov 17 2010, 01:05 PM

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Rosdi,

To my understanding par value for this stock is RM1 and it will decrease to RM0.10 cents. So by right the current share price to be divided by 10 to reflect the latest par value which is 63 / 10 = 6.3 cent/share? There's possibility this stock may happen this way thus do you think it may happened?
SKY 1809
post Nov 17 2010, 01:18 PM

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QUOTE(ronn77 @ Nov 17 2010, 01:05 PM)
Rosdi,

To my understanding par value for this stock is RM1 and it will decrease to RM0.10 cents. So by right the current share price to be divided by 10 to reflect the latest par value which is 63 / 10 = 6.3 cent/share? There's possibility this stock may happen this way thus do you think it may happened?
*
No it is wrong.

There would be an ex price , even higher than the day quoted before ex price.

Let say the share was trading at 60sen on the last say. The next day would be adjusted to rm 3.00 ( 60sen x 5 ).

But you would have 200 shares instead 1000 shares before the capital reduction. Maybe 10sen adjustment for money paying back to you.

Correct me if I am wrong.

This post has been edited by SKY 1809: Nov 17 2010, 01:19 PM
ronn77
post Nov 17 2010, 01:26 PM

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QUOTE(SKY 1809 @ Nov 17 2010, 01:18 PM)
No it is  wrong.

There would be an ex price , even higher than the day quoted before  ex price.

Let say the share was trading at 60sen on the last say. The next day would be adjusted to rm 3.00 ( 60sen x 5 ).

But you would have 200 shares instead 1000 shares before the capital reduction. Maybe 10sen adjustment for money paying back to you.

Correct me if I am wrong.
*
well..I hope the explanations is right as I'm worried that it will resulted in further consolidation on the price as well as stocks posession later. If that's the case it's still worth to hold the stock longer.
JinXXX
post Nov 17 2010, 01:32 PM

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just curious.. since timedotcom buying out global.. transit companies and dc companies..

i think the outlook for the future might be good for them.. just curious

4456 TIME
5031 TIMECOM

between those two.. how are they structured.. TIME is parent for TIMECOM ? or is it the other way around ?
iipohbee
post Nov 17 2010, 01:39 PM

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We know that this company has not enough money to expand their broadband services to most Malaysians. Their Webbit was terminated, they were almost sold to STT. They sold off their 017 network to Maxis..

Question is how can this acquisition of Megawisra Sdn Bhd and Global Transit Ltd help out in realizing their expansion plans? Put it this way, they aim to be Malaysia's 2nd largest fixed line provider. All along Global Transit and Time were closely related. Even with or without the acquisition, things could also proceed as it be.

Is there some money circulation involvement going on here?
SKY 1809
post Nov 17 2010, 01:43 PM

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QUOTE(iipohbee @ Nov 17 2010, 01:39 PM)
We know that this company has not enough money to expand their broadband services to most Malaysians. Their Webbit was terminated, they were almost sold to STT. They sold off their 017 network to Maxis..

Question is how can this acquisition of Megawisra Sdn Bhd and Global Transit Ltd help out in realizing their expansion plans? Put it this way, they aim to be Malaysia's 2nd largest fixed line provider. All along Global Transit and Time were closely related. Even with or without the acquisition, things could also proceed as it be.

Is there some money circulation involvement going on here?
*
They have 500m worth of DIGI shares plus cash in banks.

Are you talking about 5 to 10 years ago ?

Expansion must come with a profit in mind. It is like setting up in the most remote part of E Malaysia where there is no market.

Plse go to their website to gather more information.



This post has been edited by SKY 1809: Nov 17 2010, 01:48 PM
iipohbee
post Nov 17 2010, 01:48 PM

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QUOTE(SKY 1809 @ Nov 17 2010, 01:43 PM)
They have 500m worth of DIGI shares plus cash in banks.

Are you talking about 5 to 10 years ago.

Plse go to their website to gather more information.
*
This comes from the selling of their assets in exchange for the deal with DiGi previously. Building new networks and expansion would mean a start over again initiative?

Take it this way. Say I have a property which is worth RM1m when I sell it now I wouldn't be able to buy something similar but to opt for something less.

500m is peanuts to build a new fixed line network that would rival TM's.
SKY 1809
post Nov 17 2010, 01:56 PM

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QUOTE(iipohbee @ Nov 17 2010, 01:48 PM)
This comes from the selling of their assets in exchange for the deal with DiGi previously. Building new networks and expansion would mean a start over again initiative?

Take it this way. Say I have a property which is worth RM1m when I sell it now I wouldn't be able to buy something similar but to opt for something less.

500m is peanuts to build a new fixed line network that would rival TM's.
*
Well, Timecom as I understand caters for business classes , corporate businesses as they have one of the fastest networks around.

Not everyone has to compete with TM in the same manner.

Even YTL Power comes with diff ideas.

And you need to know what types of assets they hold ( fibre optic by thousand miles ) . Not trully reflected in the share price unless someone buys over.

Just my view.

This post has been edited by SKY 1809: Nov 17 2010, 01:58 PM
SUSKinitos
post Nov 17 2010, 02:06 PM

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QUOTE(SKY 1809 @ Nov 17 2010, 01:43 PM)
They have 500m worth of DIGI shares plus cash in banks.

Are you talking about 5 to 10 years ago ?

Expansion must come with a profit in mind. It is like setting up in the most remote part of E Malaysia where there is no market.

Plse go to their website to gather more information.
*
<<
Loss on disposal of DiGi shares - RM’000 (23,052)

On 15 January 2009, the Group through its subsidiary, Hakikat Pasti Sdn Bhd disposed 22,500,000 shares held in DiGi
(“Disposal Shares”), representing about 2.9% of the then existing issued and paid-up share capital of DiGi. The total cost of
investment for the Disposal Shares was RM484.23 million (equivalent to RM21.52 per DiGi share). Nevertheless, since it first
held the Disposal Shares (i.e. 22,500,000 DiGi shares) in November 2007, the Group has received an aggregate net dividend
income of RM43.43 million (equivalent to approximately RM1.93 per share) in respect of the said shares.
>>

As per disclosure in 31Mar2010 quarterly report
alfredfx
post Nov 17 2010, 02:11 PM

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They dont compete directly with telcos instead they lease out bandwidth hence they are on the upstream.

Retail business is just to build up their presence / brand. they dont intend to go further in retail business.

go to their website and find out what they are doing rather than buta buta speculate.
SKY 1809
post Nov 17 2010, 02:12 PM

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QUOTE(Kinitos @ Nov 17 2010, 02:06 PM)
<<
Loss on disposal of DiGi shares - RM’000 (23,052)

On 15 January 2009, the Group through its subsidiary, Hakikat Pasti Sdn Bhd disposed 22,500,000 shares held in DiGi
(“Disposal Shares”), representing about 2.9% of the then existing issued and paid-up share capital of DiGi. The total cost of
investment for the Disposal Shares was RM484.23 million (equivalent to RM21.52 per DiGi share). Nevertheless, since it first
held the Disposal Shares (i.e. 22,500,000 DiGi shares) in November 2007, the Group has received an aggregate net dividend
income of RM43.43 million (equivalent to approximately RM1.93 per share) in respect of the said shares.
>>

As per disclosure in 31Mar2010 quarterly report
*
How could they make a loss ? The DIGI shares were given free to them biggrin.gif

And dividends collected over the years.

And they becomes debt free after disposals.

Accounting wise, quarterly accounts maybe. icon_rolleyes.gif

Unless DIGI share price goes up forever.

This post has been edited by SKY 1809: Nov 17 2010, 02:17 PM
cckkpr
post Nov 17 2010, 02:48 PM

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CIMB as the principal adviser has put its name on the block. By valuing some of the acquiree companies at PE of 23 to 25 is pretty high unless exponential earnings in the near term justified it.

Probably, without such a PE ratios, I dont think the venture capitalists would agree to part with their stakes and they would not accept Tdc shares also.

I hope CIMB have done their job well as they are quite selective in their jobs.

So far, no analyst of repute has come out with a positive comment on this deal.
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post Nov 17 2010, 03:29 PM

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They can easily sell off the company to DIGI.........
for telco license....
SKY 1809
post Nov 17 2010, 04:01 PM

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QUOTE(JamesPond @ Nov 17 2010, 03:29 PM)
They can easily sell off the company to DIGI.........
for telco license....
*
Ya, it is better to sell off the company to another capable party.

And Then let the share price jumps to rm 1.50. biggrin.gif

One report says some institution funds could be collecting in the midst of confusion faced by small timers.

Do not really like the way they do things, and let small timers suffer.

1Malaysia concept is in doubt.

This post has been edited by SKY 1809: Nov 17 2010, 04:04 PM
rosdi1
post Nov 17 2010, 04:51 PM

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QUOTE(SKY 1809 @ Nov 17 2010, 01:18 PM)
No it is  wrong.

There would be an ex price , even higher than the day quoted before  ex price.

Let say the share was trading at 60sen on the last say. The next day would be adjusted to rm 3.00 ( 60sen x 5 ).

But you would have 200 shares instead 1000 shares before the capital reduction. Maybe 10sen adjustment for money paying back to you.

Correct me if I am wrong.
*
Yes you r very right.
the par value don't have any influence on the market cap or the value of your holding.
your calculations and example is also right.

But this will not take effect immediately:
1. They have to call an EGM for approval. of most of the proposals.
2. They have to get the High Court approval for any capital reduction.
All this will take at least 6 months and for now it will be business as usual still.
Best Regards


Added on November 17, 2010, 5:08 pm
QUOTE(SKY 1809 @ Nov 17 2010, 04:01 PM)
Ya, it is better to sell off the company to another capable party.

And Then let the share price jumps to rm 1.50. biggrin.gif

One report says some institution funds could be collecting in the midst of confusion faced by small timers.

Do not really like the way they do things, and let small timers suffer.

1Malaysia concept  is in doubt.
*
As I had mention in my earlier posting:
The players in this announcement are all very friendly players.
I think their actions are just part of the grand plan set up more than one year ago.
So the surprise elements might be only to the retailers not those that had make a study on this.
This can be seen in the last 10 minutes sell down yesterday at 0.63 , the sellers are all retailers volume and the buyers are the institutions volume.
I will be very surprise if it is going to continue to slide below 0.60
Best regards

This post has been edited by rosdi1: Nov 17 2010, 05:08 PM
PureGeek
post Nov 17 2010, 05:38 PM

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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!
TheTechie
post Nov 17 2010, 05:44 PM

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The reaction of market is simple..... find out who is the owner of Global Transit and AIMS...
SKY 1809
post Nov 17 2010, 05:47 PM

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QUOTE(PureGeek @ Nov 17 2010, 05:38 PM)
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!
*
I think he is just a proxy of some powerful people around ( biggest shareholder )

meaning Timecom would break away from Time Engineering soon.
rosdi1
post Nov 17 2010, 06:01 PM

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QUOTE(TheTechie @ Nov 17 2010, 05:44 PM)
The reaction of market is simple..... find out who is the owner of Global Transit and AIMS...
*
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
iipohbee
post Nov 17 2010, 08:41 PM

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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.


mikehwy
post Nov 17 2010, 11:52 PM

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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.
hexen7
post Nov 18 2010, 12:02 AM

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Its been a fantastic ride from RM 0.40 to 0.70, not going to stop playing this counter.
cckkpr
post Nov 18 2010, 09:45 AM

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Slight technical rebound. Sustainable?
JamesPond
post Nov 18 2010, 01:36 PM

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dont see the technical analysis..
the most important if business come in..
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post Nov 18 2010, 02:40 PM

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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.
rosdi1
post Nov 18 2010, 03:32 PM

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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
ronn77
post Nov 18 2010, 03:34 PM

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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.

hexen7
post Nov 18 2010, 03:59 PM

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3cents profit today perfect
cckkpr
post Nov 18 2010, 04:13 PM

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Volume still not that high. +ve nibbling.
rosdi1
post Nov 18 2010, 06:36 PM

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QUOTE(PureGeek @ Nov 17 2010, 05:38 PM)
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!
*
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
coconutzz
post Nov 18 2010, 06:37 PM

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QUOTE(cckkpr @ Nov 18 2010, 02:40 PM)
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.
*
Correction bro...HLG TP was 89 cents smile.gif
yok70
post Nov 18 2010, 09:56 PM

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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. hmm.gif


HashHaus
post Nov 19 2010, 01:40 AM

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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.
mikehwy
post Nov 19 2010, 02:59 PM

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it is ok to get in at 0.66 today?

any quick quick answer please?

eaiting .....
JamesPond
post Nov 19 2010, 06:11 PM

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yes for long term.
no for short tem.
mmusang
post Nov 20 2010, 03:52 PM

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GTC have international line, AIMS is datacenter.. they are trying to shape the company into company like NTT. NTT(malaysia) is more on datacenter, fibreoptic and global player on VPN service.
probably company more on network service to corporate company, and more regionally/globally.
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post Nov 20 2010, 07:41 PM

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Some analysts are saying this might be a cash out position due to the cash portion as part of the consideration. There is a need to prove that the companies being acquired are showing "good" profit growth or else Timecom will be doomed.
rosdi1
post Nov 20 2010, 11:11 PM

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QUOTE(cckkpr @ Nov 20 2010, 07:41 PM)
Some analysts are saying this might be a cash out position due to the cash portion as part of the consideration. There is a need to prove that the companies being acquired are showing "good" profit growth or else Timecom will be doomed.
*
This article in the star say the same-thing... She is not sure.
http://bit.ly/crRhKs
http://bit.ly/bCThg8
If there is no good news or bad news keep quite.
As for me , I think I will take the risk.
Target for 0.80 and stop at 0.59
Best Regards

This post has been edited by rosdi1: Nov 20 2010, 11:18 PM
mikehwy
post Nov 21 2010, 05:30 PM

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i somehow have good feel abt this counter. will try to look for bargain at 0.60 this week.

yok70
post Nov 21 2010, 06:45 PM

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QUOTE(rosdi1 @ Nov 20 2010, 11:11 PM)
This article in the star say the same-thing... She is not sure.
http://bit.ly/crRhKs
http://bit.ly/bCThg8
If there is no good news or bad news keep quite.
As for me , I think I will take the risk.
Target for 0.80 and stop at 0.59
Best Regards
*
The 2nd article is actually quite positive on the proposal, no? Maybank said it's good time to buy at low now, and Hong Leong has positive perspective on the re-structuring? Correct me if I am wrong. notworthy.gif

More reading:
http://www.theedgemalaysia.com/in-the-fina...nal-player.html


This post has been edited by yok70: Nov 21 2010, 06:47 PM
rosdi1
post Nov 21 2010, 11:18 PM

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QUOTE(yok70 @ Nov 21 2010, 06:45 PM)
The 2nd article is actually quite positive on the proposal, no? Maybank said it's good time to buy at low now, and Hong Leong has positive perspective on the re-structuring? Correct me if I am wrong.  notworthy.gif

More reading:
http://www.theedgemalaysia.com/in-the-fina...nal-player.html
*
Looking at the chart.
I don't think there will be problem to re-bounce back to above the 50MA.
the real resistance will be at 0.735 ( the low of the day before the gap down)
If it can't take the 50MA next 2 trading days I think it will slide down.. more so if it can take the support at 0.64 and 0.62
and that is my technical analysis and it can be totally wrong,
Attached Image
cwhong
post Nov 21 2010, 11:49 PM

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QUOTE(mikehwy @ Nov 21 2010, 05:30 PM)
i somehow have good feel abt this counter. will try to look for bargain at 0.60 this week.
*
i also want in if this price is achievable ....... whistling.gif
honn
post Nov 21 2010, 11:58 PM

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expert??? so ...can sapu masuk now??


Added on November 22, 2010, 12:00 am
QUOTE(mikehwy @ Nov 21 2010, 05:30 PM)
i somehow have good feel abt this counter. will try to look for bargain at 0.60 this week.
*
so ..tml buy-in at 60sen? bro flex.gif hmm.gif ?

This post has been edited by honn: Nov 22 2010, 12:00 AM
yok70
post Nov 22 2010, 10:25 AM

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Good news! Hong Leong posted research paper today, maintain its buy call with TP 0.89. rclxms.gif



Attached File(s)
Attached File  TimeDotCom_HL_22Nov2010.pdf ( 420.67k ) Number of downloads: 45
rosdi1
post Nov 22 2010, 11:47 AM

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QUOTE(yok70 @ Nov 22 2010, 10:25 AM)
Good news! Hong Leong posted research paper today, maintain its buy call with TP 0.89.  rclxms.gif
*
TQ.....that should be positive.
The target of 0.89 is off my time frame. The target is upon completion which is mid 2011.
at 0.675 it had taken the 50MA back which is a good sign. The support at 0.66 is still there.
I think it will be difficult to get anything below 0.66 now more so 0.60.
Best Regards

rosdi1
post Nov 22 2010, 03:11 PM

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The price continue to move aggressively
ronn77
post Nov 22 2010, 03:40 PM

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Can see that quite many buyers are still queing despite now already 0.705. Surprisingly not many sellers in queue...signs of another pushing up?


hexen7
post Nov 22 2010, 03:56 PM

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I pity those ppl that panic and dump their shares last week.
kroegand
post Nov 22 2010, 04:23 PM

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hesitate to go in this morning now already 70 sen doh.gif
cwhong
post Nov 22 2010, 04:34 PM

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i'm waiting since last week but cannot get it .... sigh

kroegand
post Nov 22 2010, 05:10 PM

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QUOTE(cwhong @ Nov 22 2010, 04:34 PM)
i'm waiting since last week but cannot get it .... sigh
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at what price had you queued?
cwhong
post Nov 22 2010, 05:12 PM

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QUOTE(kroegand @ Nov 22 2010, 05:10 PM)
at what price had you queued?
*
0.615
kroegand
post Nov 22 2010, 05:21 PM

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QUOTE(cwhong @ Nov 22 2010, 05:12 PM)
0.615
*
that's seems a bit impossible now hmm.gif

it rebound strongly and if not mistaken Hong Leong did a research paper with 89 sen as their TP blink.gif
cwhong
post Nov 22 2010, 05:42 PM

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QUOTE(kroegand @ Nov 22 2010, 05:21 PM)
that's seems a bit impossible now  hmm.gif

it rebound strongly and if not mistaken Hong Leong did a research paper with 89 sen as their TP  blink.gif
*
ya, i know it but just pray pray only. if cannot look for others ..... while accumulate more bullets. flex.gif
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post Nov 22 2010, 06:25 PM

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i queued at 65 sen this morning, but the price was at 66 sen, when the price was 67 i queued at 66.. both attempts failed..

in the afternoon i queued at 68 sen, all matched.. glad that the price is now at 71 sen smile.gif ..
SUSMNet
post Nov 22 2010, 09:20 PM

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x sempat aku nk masuk
coconutzz
post Nov 23 2010, 02:59 PM

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Tumbang-ing....
kroegand
post Nov 23 2010, 03:07 PM

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what happened suddenly fall so much? hmm.gif

is it due to overall market sentiment? like want to jump in but still hesitating sweat.gif sweat.gif
RedShirt
post Nov 23 2010, 03:22 PM

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Cut loss and left early. =/
MagicEcho
post Nov 23 2010, 03:50 PM

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QUOTE(kroegand @ Nov 23 2010, 03:07 PM)
what happened suddenly fall so much?  hmm.gif

is it due to overall market sentiment? like want to jump in but still hesitating  sweat.gif  sweat.gif
*
CI is dropping..
cckkpr
post Nov 23 2010, 10:51 PM

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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.
rosdi1
post Nov 24 2010, 10:03 AM

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QUOTE(cckkpr @ Nov 23 2010, 10:51 PM)
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.
*
Attached Image

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
yok70
post Nov 24 2010, 11:37 PM

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QUOTE(rosdi1 @ Nov 24 2010, 10:03 AM)
Attached Image

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) sweat.gif

yok70
post Nov 26 2010, 12:45 PM

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Good profit qtr report! rclxms.gif



Attached File(s)
Attached File  TimeDotCom_3Q10Results_26_Nov_2010.pdf ( 156.14k ) Number of downloads: 35
rosdi1
post Nov 28 2010, 02:00 PM

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QUOTE(yok70 @ Nov 26 2010, 12:45 PM)
Good profit qtr report!  rclxms.gif
*
Everyone was focusing on PCHEM and TIMECOM was allowed to slide down on a good news.
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post Nov 28 2010, 03:01 PM

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QUOTE(rosdi1 @ Nov 28 2010, 02:00 PM)
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!!! sad.gif
SUSMNet
post Nov 28 2010, 10:42 PM

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how to find the history of dividend payout?
rosdi1
post Nov 29 2010, 12:09 AM

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QUOTE(MNet @ Nov 28 2010, 10:42 PM)
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
rosdi1
post Dec 1 2010, 06:27 PM

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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.
Attached Image

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 rclxms.gif
Best regards

This post has been edited by rosdi1: Dec 1 2010, 06:28 PM
mikehwy
post Dec 1 2010, 11:16 PM

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QUOTE(rosdi1 @ Dec 1 2010, 06:27 PM)
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.
Attached Image

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  rclxms.gif
Best regards
*
Great. lets hope its a beautiful morning for us all .... the faithful ones, lol.
kroegand
post Dec 2 2010, 04:21 PM

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yesterday up so much today down a bit although CI is green ... hmm.gif hmm.gif hmm.gif
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post Dec 2 2010, 06:01 PM

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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.
yok70
post Dec 3 2010, 02:45 AM

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


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? biggrin.gif

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


Attached File(s)
Attached File  Tdc_101202312.pdf ( 505.96k ) Number of downloads: 21
kroegand
post Dec 3 2010, 12:07 PM

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QUOTE(yok70 @ Dec 3 2010, 02:45 AM)
Latest Hong Leong paper.
And below is an article from The Edge.  cool.gif


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.

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”.

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?  biggrin.gif
*
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').
yok70
post Dec 3 2010, 01:09 PM

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QUOTE(kroegand @ Dec 3 2010, 12:07 PM)
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.
biggrin.gif


kroegand
post Dec 3 2010, 06:04 PM

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QUOTE(yok70 @ Dec 3 2010, 01:09 PM)
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.
biggrin.gif
*
that's the thing that i read in the edge - he reinvest everything as a 'share' holders. that doesn't mean he can't cash it out later when the shares goes up and he may get higher value of his Megawisra through this deal. so it's kind of a way for him to get better value from his Megawisra by injecting it to Tdc. hmm.gif

but as you said the best we can expect is a win-win situation. we'll never really know what he have in mind so hope for the best for Tdc.
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post Dec 8 2010, 12:07 PM

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TIME dotCom Bhd (TdC) (5031), which launched the country's first 100 per cent fibre optic fixed line Internet network in February, has to date roped in 30,000 home and office users in the Golden Triangle and Mont Kiara area.

As a comparison, Telekom Malaysia Bhd's ™ RM11.3 billion national high speed broadband service branded UniFi since its launch in March has a take-up rate of 4,800 customers as at June this year.

TM hopes to attract up to 50,000 UniFi customers by year-end as the economy picks up.

The difference between the two, however, is that TdC's fixed line is 100 per cent fibre optics while TM use a combination of hybrid cables and wires.
TdC chief executive Afzal Abdul Rahim said the 30,000 users currently occupied over 230 buildings spread across 3.5 sq km.

The service does not serve landed properties.

TdC expects to see incremental rise in revenue from these business segments.

"The network expansion and introduction of new products is set to make a postive impact to our revenue and market share growth," Afzal said.

Packages for consumers start from RM99 a month while businesses can enjoy the service from RM148. Installation takes up to seven days.

Under TdC's fibre broadband, customers can now download a two-hour movie in seven minutes compared to five hours on standard broadband, download 10 songs in 10 seconds compared with eight minutes and send an e-mail with a 20 megabit attachment in four seconds compared with four minutes on standard broadband.

Read more: TdC has 30,000 users of fibre optic Internet service http://www.btimes.com.my/Current_News/BTIM.../#ixzz17UQ1lxIO

thumbup.gif


Added on December 8, 2010, 2:56 pmInjecting life into Time dotCom
By RISEN JAYASEELAN
risen@thestar.com.my


IN October 2008, then 30-year-old Afzal Abdul Rahim (pic) emerged as a new shareholder and chief executive of the ailing Time dotCom Bhd (TdC). Afzal's entry into TdC was via his vehicle called Global Transit International Sdn Bhd (GTI) and the deal was structured this way: Khazanah Nasional Bhd would transfer 30% of its holdings in TdC into a special purpose vehicle (SPV) called Pulau Kapas Ventures Sdn Bhd (PKV) resulting in Khazanah getting 61.2% of PKV. GTI, in turn, injected its wholly-owned subsidiary Global Transit Communications Sdn Bhd (GTC) into the SPV, with GTI then being given the balance 38.8% of the PKV.

Now two years later, after having met milestones at TdC the company has shown five consecutive quarters of earnings and revenue growth he is set to gain control over TdC by injecting his prized assets into the company. Confident and chatty, Afzal, a mechanical engineering graduate from the University of Sussex, breezes through questions effortlessly, especially the tough ones about whether he is cashing out or injecting his assets at too high a price.

Excerpts:

Q: What is your reaction to the sell down of TdC shares a day after the deal was announced?


A: The sell-down is knee-jerk reaction by investors and is expected, given that it involves a capital reduction and consolidation of shares. However, to give perspective, many of the analysts and fund managers we have spoken to in the last three to four months, have suggested that we clean up the balance sheet and rationalise our shares in circulation, considering TdC seems to be sustainably profitable now. There is also the intent on our side to institutionalise our shareholding. In July this year, when we first started actively engaging investment analysts and fund managers, we only had less than 1% of institutional shareholders. Today, institutional shareholders make up about 10% of our shareholder base.

One view is that the capital reduction was ill-timed, in the sense that it should not have been coupled with a deal that was primarily aimed at enhancing shareholder value. What are your comments?

The capital reduction and consolidation is necessary to enhance shareholders value moving forward. For TdC to leapfrog in its end to end service and business offerings, it needs to acquire these assets. Furthermore, we wanted to acquire using TdC shares as currency in order to commit the vendors of the assets to TdC. TdC can't issue shares as its share price is below the par value of RM1. So there is really no way out but to do capital reduction and consolidation of shares for the eventual benefit of TdC.

Why such a small capital repayment? Why not sell more DiGi.Com Bhd shares and give a higher capital repayment?

We believe in this business and that we can generate earnings moving forward. But we have then to decide if we are a profit and dividend yielding company or a growth company. We've managed to turn the company around and profitability is growing. The dividends from DiGi.Com shares are now a core part of our earnings. If we sell DiGi.Com shares and return that money to shareholders, then we are denying our shareholders future earnings. Selling the DiGi.Com shares also indicates that we lack long-term confidence in our business.

So what are the long-term plans with the DiGi.Com shares?

We will do what's best for our shareholders. We're very happy with DiGi.Com's performance as a company. If we did decide to sell the DiGi.Com shares, we would have to think whether to return the money to shareholders or to invest it in our business. But right now we have a lot of confidence in our business. DiGi gives us a certain return from the dividends. If we were to invest it, we must ensure that we can get at least the same amount, if not more than those returns.

One contention of this deal is that some of the assets that you are injecting into TdC are being valued at very high prices. For example RM105mil for GTL, which is a loss-making company.

The valuations were jointly decided by TdC's advisors together with an independent financial advisor, Public Investment Bank, which was appointed by the two independent directors of TdC Ronnie Kok Lai Huat and Balasingham Namasiwayam. In addition, TdC's chairman Abdul Kadir Kassim is a firm believer in governance and due process. What this valuation shows is that there is upside if the acquisitions go through.

As an example, GTL owns 10% of the Unity cable system that was built at a cost of US$300mil and whose replacement cost is many times that. Furthermore, the biggest barrier to entry for submarine cables isn't just cost but to actually be invited to participate in the cable. Then there is the matter of putting a value on the capacity of the cable based on market prices for bandwidth. The Unity submarine cable was just completed in April 2010 and the company was only operational in April. The past two years' results reflect the phase of cable construction. The book value reflects only the historical construction cost of the asset while the value of the asset today lies in its market price of the cable bandwidth capacity and earnings potential. At a capacity of 480 Gbps being GTL's portion of the Unity cable, monthly wholesale lease prices currently at US$59,000 per 10 Gbps and an asset life of more than 10 years, GTL is a strategic asset that will provide the TdC with cost advantages and access to the regional wholesale market.

But is there going to be an over-capacity of submarine cables?

Not across the Trans-Pacific, I don't think so.

Can you and TdC actually monetise the submarine cable?

Unity was commissioned only in May and GTC has already sold 10% capacity of the initial 48Gbps.

Can you give us some colour on PKV and how you are increasing your stake there from 38.8% to 51%?

I have been working 18-hour days since 2000 to build these companies which are like my children. If I am going to inject these companies into TdC, I will want to have some control over them. I also have to put my money where my mouth is, and inject all my businesses into TdC at a valuation that is ascribed by the independent financial advisors. I am also activating a call option to pay Khazanah for more TdC shares. These companies are earning year-to-date around RM13mil. I am giving that away.

But these companies don't seem to have a long enough profit track record?

AIMs has been around since 1990. It has been profitable since 2000. The losses that you see were because we had gone into the Singapore market to build a data centre and had to pull out during the bad economic times in 2007, so there was an investment loss. Profits from operations have always been positive in AIMs.

What about this earn out structure that Khazanah has with you? When will your shareholding in PKV increase in accordance with this agreement?

The agreement between Khazanah and us is so onerous that we will only get our earn-out at the end of the three-year period, meaning end of next year. So even though we have exceeded our targets, the earn-out structure (whereby we will get more PKV shares due to our performance) will only kick in end-2011. We are now paying for more PKV shares via a call option.

So why didn't you wait until 2011 to get control over PKV and thereby the 30.04% block of TdC?

By then, it may be more expensive for TdC to buy these companies. For example, GTC's growth rates are stunning. These companies are growing at a higher rate than TdC. The longer we wait to do the deal, the more expensive it is going to get for TdC to buy these companies. There are also certain operational and business synergies that need to kick in now, for the whole group of companies to be competitive.

How would you describe the new TdC, post acquisitions?

This will allow TdC to entrench itself as a leading regional wholesale player with a specific emphasis on high availability data services addressing a much wider part of the value chain than we have ever offered before.

What did you actually do to extract more value out of TdC's fibre-optic network since becoming the companies' CEO?

Fibre is our key asset and will always remain that. All we did was to understand market demands and requirements and match that to where our infrastructure was present. We also simplified our technology and engineering aspects of our network and significantly increased utilisation across our nationwide fibre presence. So long as there continues to be a strong relationship between customer demand and the manner of which we deploy our network, we will continue to extract value from our fibre asset base. A prime example of this is how we managed to use the same cause of fibre to serve our mobile backhaul customers, high capacity enterprise and corporate clients as well as our high bandwidth home customers.

Some say that selling bandwidth alone is not interesting from an earnings perspective.

Realistically, selling bandwidth should and must be the main focus of any data-centric fixed-line provider. There are many global examples of companies which continue to churn out sustainable growth profits by staying focused on the bandwidth business. While it may sound sexy to diversify to address various buzzword and disruptive industries, doing so merely distracts from our objective of continuing to take part in the massive growth opportunity that the Internet and content lifestyle have to offer.

cool.gif


This post has been edited by yok70: Dec 8 2010, 02:56 PM
cckkpr
post Dec 8 2010, 03:19 PM

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Timecom needs an oomph factor to lead further upside play.

Without one, any upside will be limited by a flood of sellers for a quick buck.
yok70
post Dec 8 2010, 05:15 PM

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QUOTE(cckkpr @ Dec 8 2010, 03:19 PM)
Timecom needs an oomph factor to lead further upside play.

Without one, any upside will be limited by a flood of sellers for a quick buck.
*
The boss has been visiting fund managers. Now, if they buy it, it will fly. If they just see see look look first, then it will laggard for some time. Watch DRBHicom last few days, how fast it goes up. But then look back at it few weeks ago, people also have doubt even though everyone knew its profit soar and highly undervalue. laugh.gif

This post has been edited by yok70: Dec 8 2010, 05:16 PM
cckkpr
post Dec 9 2010, 02:26 PM

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You need some analyst with a good following to provide the oomph.

Malaysia Finance blogspot has quite a lot of followers, though you suspect self interest do play a part. Nothing wrong, if you have enough influence. This is a free world.
rosdi1
post Dec 17 2010, 04:02 PM

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Today they make small push again to high 0.70 ..I hope can hold laaa rclxms.gif rclxms.gif rclxms.gif

This post has been edited by rosdi1: Dec 17 2010, 04:02 PM
aziz225
post Dec 17 2010, 04:18 PM

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QUOTE(rosdi1 @ Dec 17 2010, 04:02 PM)
Today they make small push again  to high 0.70 ..I hope can hold laaa rclxms.gif  rclxms.gif  rclxms.gif
*
hopefully the trend continue to increase, i entered at 0.715 (before the restructuring announcement), just a little bit to go sweat.gif


yok70
post Dec 17 2010, 07:19 PM

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QUOTE(rosdi1 @ Dec 17 2010, 04:02 PM)
Today they make small push again  to high 0.70 ..I hope can hold laaa rclxms.gif  rclxms.gif  rclxms.gif
*
Good sign! rclxms.gif
Lets go beyond 0.7x next week. flex.gif
mikehwy
post Dec 17 2010, 07:50 PM

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QUOTE(rosdi1 @ Dec 17 2010, 04:02 PM)
Today they make small push again  to high 0.70 ..I hope can hold laaa rclxms.gif  rclxms.gif  rclxms.gif
*
it shd go pass 0.70 next week ... or many be? emm, i got to be greedy a lil as i hold them since 0.62 - 0.645
rosdi1
post Dec 17 2010, 09:56 PM

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QUOTE(mikehwy @ Dec 17 2010, 07:50 PM)
it shd go pass 0.70 next week ... or many be? emm, i got to be greedy a lil as i hold them since 0.62 - 0.645
*
Wah..good for you at already a safe price.......
I was high averaging at 0.72+ after following my plan I bought some more at 0.75 and couldn't sell without big losses when it gap down from 0.77 to 0.67 but luckily manage to average down again to 0.69- resulting in huge holding of 40% of my total investment

I just hope I could dispose some at 0.72 reducing the exposure to only 20% of the total.
and the rest I will set a target at around 0.77 or so.

Fully aware that HLG still maintain a buy for a target price of 0.89
sulifeisgreat
post Dec 17 2010, 10:20 PM

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0.60 is a support level as u can see huge buy volume during the gap down! was there any bad news?
other than tat, its on track to new high. buy high, sell higher? not much idea about bolehland shares, who knows? can gostan also rclxub.gif



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rosdi1
post Dec 18 2010, 11:20 AM

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QUOTE(sulifeisgreat @ Dec 17 2010, 10:20 PM)
0.60 is a support level as u can see huge buy volume during the gap down! was there any bad news?
other than tat, its on track to new high. buy high, sell higher? not much idea about bolehland shares, who knows? can gostan also  rclxub.gif
*
I agree with you there is a rich supporter at around 0.60 or more precisely at 0.62
In our Bolehland anything also can!!!!
mikehwy
post Dec 18 2010, 11:42 AM

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lets hope that it goes back to the good days of 2007 ... rm1.00 or above?
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post Dec 18 2010, 01:27 PM

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QUOTE(mikehwy @ Dec 18 2010, 11:42 AM)
lets hope that it goes back to the good days of 2007 ... rm1.00 or above?
*
could be another KNM, after share merging though.

But still a long way to go , 6 months time ?
cckkpr
post Dec 18 2010, 04:14 PM

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Lets hope there is improved earnings over the next few quarters or else its better to quit. Too much expectations and too little deliveries.
Remng
post Dec 18 2010, 04:56 PM

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QUOTE(cckkpr @ Dec 18 2010, 04:14 PM)
Lets hope there is improved earnings over the next few quarters or else its better to quit. Too much expectations and too little deliveries.
*
Well said, it is important to have a good risk management, no emotion about that, if wrong just move out and look for another candidates, there will always be another star!!
thumbup.gif

This post has been edited by Remng: Dec 18 2010, 04:57 PM
kei18kun
post Dec 18 2010, 08:09 PM

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this stock really burned me bad. since bought it RM1.7 and sold it few months back at RM0.50, maybe shouldn't sell it so fast then
rosdi1
post Dec 19 2010, 09:50 AM

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QUOTE(kei18kun @ Dec 18 2010, 08:09 PM)
this stock really burned me bad. since bought it RM1.7 and sold it few months back at RM0.50, maybe shouldn't sell it so fast then
*
What happen to the stop loss
To me Max is 20%... now I am on 0.615
For a lees volatile stock my max will be less than 10%

mikehwy
post Dec 19 2010, 04:39 PM

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err, i am a die hard 'fan' of this company. emotions aside, it shows good support in the short term at rm0.68 ... worth to take a closer look for the brave ones. mho only.
kei18kun
post Dec 19 2010, 05:14 PM

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QUOTE(rosdi1 @ Dec 19 2010, 09:50 AM)
What happen to the stop loss
To me Max is 20%... now I am on 0.615
For a lees volatile stock my max will be less than 10%
*
lol, back then im just a newbie, just simply buy so can't blame anyone but myself
rosdi1
post Dec 20 2010, 08:04 PM

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Can this announcement be a new stimulus to push the price???
I hope so

http://bit.ly/e0vHrs rclxm9.gif

This post has been edited by rosdi1: Dec 20 2010, 08:05 PM
rosdi1
post Dec 21 2010, 09:45 AM

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QUOTE(rosdi1 @ Dec 20 2010, 08:04 PM)
Can this announcement be a new stimulus to push the price???
I hope so

http://bit.ly/e0vHrs      rclxm9.gif
*
The 0.70 not broken for a month had finally broken clean rclxms.gif rclxms.gif rclxms.gif
ronn77
post Dec 21 2010, 09:50 AM

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Yes guys, I mentioned this before as few months ago they entering trial run with Astro to provide data content via fibre optics and now seems the trial-run has succesfully convince Maxis that this will be a win-win situations for both company. Below for sharing purposes.... thumbup.gif

Tuesday December 21, 2010
Astro, TDC in fibre optic tie-up


PETALING JAYA: Astro TV has found a channel to deliver its high-definition
B.yond, Internet protocol television (IPTV) and video-on-demand (VOD)
offerings to consumers in the Klang Valley and Penang with the signing of an
agreement yesterday to lease fibre optic on Time dotCom Bhd (TDC) network.

Astro will use TDC's high-speed fibre optic network to deliver its
entertainment and interactive content to users.

It is learnt that Astro will also bundle TDC's 30Mbps broadband for Internet
access.

For TDC, the deals allows it to become a significant player in high-speed
multi-delivery area while for Astro, it can protect its turf as its content
will be available on fibre optic network too.

TDC told Bursa Malaysia that it had entered into a collaborative agreement
with Astro to provide the infrastructure for 10 years. A definitive
agreement is expected to be inked in January.

Astro's IPTV/VOD offering is available to 11,400 homes as at yesterday and
by end-2011, it will be extended to over 167,000 homes, covering 1,500
buildings.


Added on December 21, 2010, 9:51 amwow..just realise that today up 3 cents to 71.5 thumbup.gif

This post has been edited by ronn77: Dec 21 2010, 09:51 AM
mikehwy
post Dec 21 2010, 11:03 AM

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anyone knows the date for consol of 4 to 1 shares? pls enlighten. thank you.

GO GO GO !!! stay above 0.70 then wow wow wow ....
yhkng
post Dec 21 2010, 11:13 AM

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i just bought some at 0.715... hope it help me to gain some profit before cny... newbie like me always lose money...... sad.gif
ronn77
post Dec 21 2010, 11:22 AM

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QUOTE(yhkng @ Dec 21 2010, 11:13 AM)
i just bought some at 0.715... hope it help me to gain some profit before cny... newbie like me always lose money...... sad.gif
*
with the latest updated news you could not only getting some early angpows for cny but probably abalons as an appetiser.
coconutzz
post Dec 21 2010, 03:18 PM

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Go GO go go !!
rosdi1
post Dec 21 2010, 03:37 PM

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QUOTE(coconutzz @ Dec 21 2010, 03:18 PM)
Go GO go go !!
*
Manage to take some money out at 0.735 and reduce holding by 20%.
rclxms.gif
ronn77
post Dec 21 2010, 04:05 PM

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QUOTE(rosdi1 @ Dec 21 2010, 03:37 PM)
Manage to take some money out at 0.735 and reduce holding by 20%.
rclxms.gif
*
good to see u making profits...im still holding though..
TP is RM1 although it might takes some time to reach the targeted level.
0.74 right now rclxms.gif
rosdi1
post Dec 21 2010, 04:48 PM

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Hit 0.77 again what to do???


Added on December 21, 2010, 4:51 pm
QUOTE(rosdi1 @ Dec 21 2010, 04:48 PM)
Hit 0.77 again what to do???
*
Decide to sell another 30%... rclxms.gif rclxms.gif

Taking a 10% profit or lowering the average of the reminder to 0.62.....

This post has been edited by rosdi1: Dec 21 2010, 05:03 PM
zamans98
post Dec 21 2010, 04:54 PM

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QUOTE(yhkng @ Dec 21 2010, 11:13 AM)
i just bought some at 0.715... hope it help me to gain some profit before cny... newbie like me always lose money...... sad.gif
*
wow, congrats... thumbup.gif
mikehwy
post Dec 21 2010, 05:19 PM

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mouth watering play at last 20 minutes. blog buying is tremendous ... any corporate buyer eyeing for this fibre optic provider? hehe .... i can laugh after 1 whole year !
ronn77
post Dec 22 2010, 09:40 AM

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another uptrend today, many buyers queue on this counter. 0.79 right now.


Added on December 22, 2010, 11:39 amTimecom losing steam now...back to 0.76 vmad.gif

This post has been edited by ronn77: Dec 22 2010, 11:39 AM
yhkng
post Dec 22 2010, 12:14 PM

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QUOTE(ronn77 @ Dec 22 2010, 09:40 AM)
another uptrend today, many buyers queue on this counter. 0.79 right now.


Added on December 22, 2010, 11:39 amTimecom losing steam now...back to 0.76  vmad.gif
*
I miss my chance to sell at 0.79.... sigh... now i queue up 0.78.... but seem like no hope to sell today... unsure.gif
rosdi1
post Dec 22 2010, 12:33 PM

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QUOTE(yhkng @ Dec 22 2010, 12:14 PM)
I miss my chance to sell at 0.79.... sigh... now i queue up 0.78.... but seem like no hope to sell today... unsure.gif
*
It is OK not to get 0.79....
I think it will recover again later.

This post has been edited by rosdi1: Dec 22 2010, 12:42 PM
rosdi1
post Dec 22 2010, 04:40 PM

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QUOTE(rosdi1 @ Dec 22 2010, 12:33 PM)
It is OK not to get 0.79....
I think it will recover again later.
*
It is not finish yet... still have the last Swing
cckkpr
post Dec 22 2010, 05:59 PM

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With positive news streaming in, I think the fundamentals are kicking in. HLB has initiated coverage and I think we should look closely at their comments.

With more locked doors being unlocked, I believe the CEO will be very gung ho going forward. He has not received Gomen and GLC business support yet eventhough Khazanah is a big stake holder.
yok70
post Dec 22 2010, 08:02 PM

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Hong Leong paper. cool.gif



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Attached File  TimeDotCom_20101221_Astro_Tie_up.pdf ( 138.06k ) Number of downloads: 45
yhkng
post Dec 23 2010, 11:22 AM

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I sold it and get my penny profit... smile.gif... will re enter again when the resistance price is broke....
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post Dec 23 2010, 01:26 PM

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TP at 8.9..

Still long way.. Should be a good one..
rosdi1
post Dec 23 2010, 01:36 PM

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QUOTE(Bonescythe @ Dec 23 2010, 01:26 PM)
TP at 8.9..

Still long way.. Should be a good one..
*
How do you know along way?
Is it because HLG say 0.89 ?
How many times have they being right or wrong?
I think the seller in this case TIME (the so call parent who want to disown the child) are happily selling their shares and they have a lot more to sell.
My view is that the good news should be taken with a bit of salt.
MagicEcho
post Dec 23 2010, 01:42 PM

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QUOTE(rosdi1 @ Dec 23 2010, 01:36 PM)
How do you know along way?
Is it because HLG say 0.89 ?
How many times have they being right or wrong?
I think the seller in this case TIME (the so call parent who want to disown the child) are happily selling their shares and they have a lot more to sell.
My view is that the good news should be taken with a bit of salt.
*
should be taken with a bit of salt??
Bonescythe
post Dec 23 2010, 01:53 PM

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Will wait for next year to confirm on everything first.. Now still monitoring the changes.
But i had missed the mark when it is at 0.6xx+ few days ago.

This post has been edited by Bonescythe: Dec 23 2010, 01:54 PM
cckkpr
post Dec 27 2010, 02:08 PM

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QUOTE(Bonescythe @ Dec 23 2010, 01:53 PM)
Will wait for next year to confirm on everything first.. Now still monitoring the changes.
But i had missed the mark when it is at 0.6xx+ few days ago.
*
The .60 cents thing will be long gone and I think it will hover around the mid 70's until the new year. Maybe some window dressing will push it to the 80 cents mark.
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post Dec 27 2010, 02:42 PM

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QUOTE(cckkpr @ Dec 27 2010, 02:08 PM)
The .60 cents thing will be long gone and I think it will hover around the mid 70's until the new year. Maybe some window dressing will push it to the 80 cents mark.
*
Undecided yet.. Not much movement after the sudden 21st December surge.. Will continue to monitor..

This post has been edited by Bonescythe: Dec 27 2010, 02:43 PM
rosdi1
post Dec 30 2010, 02:59 PM

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Ho Ho .. here it come again...
cckkpr
post Dec 30 2010, 03:14 PM

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Trying to break thru 80 cents mark! May close at 83 cents for today -thats a good start to the new year.
alfredfx
post Dec 30 2010, 10:17 PM

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RM 1 .................
Bonescythe
post Dec 31 2010, 12:13 AM

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QUOTE(cckkpr @ Dec 30 2010, 03:14 PM)
Trying to break thru 80 cents mark! May close at 83 cents for today -thats a good start to the new year.
*
Hmm, anyone can tell what is the underlying factor for the raise? Is there any latest latest news?
As far as i got, KWAP is dumping shares off...


rosdi1
post Dec 31 2010, 12:20 AM

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QUOTE(Bonescythe @ Dec 31 2010, 12:13 AM)
Hmm, anyone can tell what is the underlying factor for the raise? Is there any latest latest news?
As far as i got, KWAP is dumping shares off...
*
Not only KWAP, the parent TIME is also doing the same... it look like Pulau Kapas Ventures(PKV) have a huge gunny sack of money to hold.
coconutzz
post Jan 3 2011, 09:25 AM

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Its flyinggggggggggggggggggggggg
ronn77
post Jan 3 2011, 09:35 AM

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TIME and KWAP are throwing but still the shares rise....perhaps changing hand to someone that know the future of this company? The stock price seems strong, could be heading to RM1 soon?
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post Jan 3 2011, 09:41 AM

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Is it because of real good news? Or fishy good news?
yok70
post Jan 3 2011, 10:37 AM

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ya, what's going on eh? who has been buying all those dumping? hmm.gif
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post Jan 3 2011, 10:41 AM

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QUOTE(yok70 @ Jan 3 2011, 10:37 AM)
ya, what's going on eh? who has been buying all those dumping?  hmm.gif
*
Dunno..
I got no "chun" to play this.. Hahaha.. Later drop like sai

This post has been edited by Bonescythe: Jan 3 2011, 10:41 AM
yhkng
post Jan 3 2011, 12:40 PM

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YES (YTL) is coming out their new broadband very soon.... it will be competitive in the industry... I will be not into it until further news or low price enough to attract me....
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post Jan 3 2011, 12:42 PM

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QUOTE(yhkng @ Jan 3 2011, 12:40 PM)
YES (YTL) is coming out their new broadband very soon.... it will be competitive in the industry... I will be not into it until further news or low price enough to attract me....
*
Coming out with new broadband? I thought already out? Or still got newer one?
YTLE is for the "YES" broadband, right?
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post Jan 3 2011, 01:09 PM

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QUOTE(rosdi1 @ Dec 23 2010, 01:36 PM)
How do you know along way?
Is it because HLG say 0.89 ?
How many times have they being right or wrong?
I think the seller in this case TIME (the so call parent who want to disown the child) are happily selling their shares and they have a lot more to sell.
My view is that the good news should be taken with a bit of salt.
*
RM0.89 is just an inch away!
yok70
post Jan 3 2011, 01:10 PM

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QUOTE(yhkng @ Jan 3 2011, 12:40 PM)
YES (YTL) is coming out their new broadband very soon.... it will be competitive in the industry... I will be not into it until further news or low price enough to attract me....
*
Timecom comes with astro package as for retailers broadband+voice call market. YES has nothing to do with that.
As for corporate use, Timecom has the one and only 100% high speed high bandwidth fiber network, YES has nothing to do with it too. Even TM's fiber is not 100%, it's a mix, so not as fast and as high bandwidth as Timecom.


Added on January 3, 2011, 1:11 pm
QUOTE(zamans98 @ Jan 3 2011, 01:09 PM)
RM0.89 is just an inch away!
*
I think 0.9x or even 1.x is on its way....if, current situation is not a trap. sweat.gif


This post has been edited by yok70: Jan 3 2011, 01:11 PM
hexen7
post Jan 3 2011, 01:28 PM

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go timecom go!!
mikehwy
post Jan 3 2011, 02:04 PM

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oh, suddenly this thread is alive!!! hahaha ... TDC GO GO GO !!! still for the brave ones to hold.


Added on January 3, 2011, 2:04 pmanyone knows the proposed date for the cap reduction and 4 to 1 consolidation?


This post has been edited by mikehwy: Jan 3 2011, 02:04 PM
Bonescythe
post Jan 3 2011, 02:37 PM

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Later like 12th November 2010.. The prices fly high, only for a day.. Those who bought get stranded..
This is what i am concerned of, because this counter got history of people jacking things up
keane04
post Jan 22 2011, 05:36 PM

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it's 77cts now...............hmmmm.....wondering can buy or not...
WoodStock
post Jan 24 2011, 09:56 AM

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QUOTE(keane04 @ Jan 22 2011, 05:36 PM)
it's 77cts now...............hmmmm.....wondering can buy or not...
*
what had happened to timecom?? failing like nowhere
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post Jan 24 2011, 10:06 AM

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QUOTE(WoodStock @ Jan 24 2011, 09:56 AM)
what had happened to timecom?? failing like nowhere
*
I had been keeping a close watch on this counter as well.. 71 cents now..
Whole market had been in a southern trend, players are exiting + shorting as well..

Not advisable to enter now as it might continue to fall lower in the coming days. Might end up at around 60 cents range.
Just my 2 cents anyhow.

This post has been edited by Bonescythe: Jan 24 2011, 10:07 AM
rosdi1
post Jan 24 2011, 10:16 AM

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QUOTE(WoodStock @ Jan 24 2011, 09:56 AM)
what had happened to timecom?? failing like nowhere
*
I think after it had being bullish for so long and had hit all target it have to move down.
I saw support at at 0.77 but that had being taken and the next one ( a much stronger) support is at 0.695
If that support is also taken than the slide can be worst as the next support is at 0.635
Good luck
ronn77
post Jan 24 2011, 11:09 AM

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im ready to added some to my portfolio as feels that it's worth to hold for medium-long term. shall keep my close eyes within this couple of days.
JamesPond
post Jan 24 2011, 12:41 PM

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how to get short in malaysia...
Bonescythe
post Jan 24 2011, 12:43 PM

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QUOTE(JamesPond @ Jan 24 2011, 12:41 PM)
how to get short in malaysia...
*
Do you mean --> How to Do Short Selling of stocks ?

This post has been edited by Bonescythe: Jan 24 2011, 12:44 PM
zamans98
post Jan 24 2011, 01:07 PM

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QUOTE(JamesPond @ Jan 24 2011, 12:41 PM)
how to get short in malaysia...
*
Possible - with prior arrangement. Plus not all stocks are shortable.

In reality, 99.9999% you can't short anything.
escargo75
post Jan 24 2011, 03:29 PM

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QUOTE(zamans98 @ Jan 24 2011, 02:07 PM)
Possible - with prior arrangement. Plus not all stocks are shortable.

In reality, 99.9999% you can't short anything.
*
What I know is - short selling is illegal in Malaysia but not in our neighbour - Singapore. There are so many thing that we don't have here like setting cut loss. There is no system in Malaysia that enable to do that but this is a common feature in online trading ion so many countries...
yhkng
post Jan 24 2011, 09:50 PM

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tomorrow will test on 0.70... if it hold i get some in.... if it fall below.... not the time yet....
Bonescythe
post Jan 24 2011, 10:19 PM

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QUOTE(yhkng @ Jan 24 2011, 09:50 PM)
tomorrow will test on 0.70... if it hold i get some in.... if it fall below.... not the time yet....
*
If hold, and the next day fall?
the snowball
post Jan 24 2011, 10:28 PM

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QUOTE(Bonescythe @ Jan 24 2011, 10:19 PM)
If hold, and the next day fall?
*
I think the fall we are seeing is a reaction to the Time Engineering deal. A lot of Time Engineering shareholders may throw the Time.Com share away when it gets into their hands as they got it for at least 20% discount with a floor at 48 cents. So, the selling may be a reaction to this in anticipation to the selling by Time Engineering people.
yhkng
post Jan 25 2011, 02:46 PM

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TIMECOM is better without Time Engineering....
zamans98
post Jan 25 2011, 03:27 PM

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QUOTE(yhkng @ Jan 25 2011, 02:46 PM)
TIMECOM is better without Time Engineering....
*
how is that so?
Bonescythe
post Jan 25 2011, 04:42 PM

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Broke 0.700
The northern forces continue to pressure, and the southern forces succumbed to 0.700 level.

CSS
post Jan 25 2011, 06:50 PM

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How low can it go? How low can it go? whistling.gif
escargo75
post Jan 26 2011, 11:43 AM

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QUOTE(CSS @ Jan 25 2011, 07:50 PM)
How low can it go? How low can it go?  whistling.gif
*
If it can drop back to 0.63-0.65 level, I think it is time to go in again in my opinion..Really have to calculate their intrinsic value seriously for this stock. NTA/Share value is of no use for this type of company.

Also need to consider the sector rotation factor...Some have say that this year will be for the oil and gas sector but how about communication, any comments forumers?

Bonescythe
post Jan 26 2011, 12:42 PM

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Let it touch 60 cents bah.. drool.gif drool.gif drool.gif

In my opinion, there are so much room to go down..
yok70
post Jan 26 2011, 12:49 PM

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QUOTE(Bonescythe @ Jan 26 2011, 12:42 PM)
Let it touch 60 cents bah.. drool.gif  drool.gif  drool.gif

In my opinion, there are so much room to go down..
*
waiting at 0.50 then! drool.gif
Bonescythe
post Jan 26 2011, 12:53 PM

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QUOTE(yok70 @ Jan 26 2011, 12:49 PM)
waiting at 0.50 then!  drool.gif
*
Thumbs Up
+1, Facebook style ---> "Like"
cckkpr
post Jan 27 2011, 04:01 PM

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Not likely to drop below 70 cents.

When the next quarterly results is announced, it will surely move past 80 cents.

Goodluck to those hoping for a free fall.
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post Jan 27 2011, 06:01 PM

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QUOTE(cckkpr @ Jan 27 2011, 04:01 PM)
Not likely to drop below 70 cents.

When the next quarterly results is announced, it will surely move past 80 cents.

Goodluck to those hoping for a free fall.
*
Any idea when it will be announced? I think it's likely to move up too.
rosdi1
post Jan 27 2011, 09:44 PM

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QUOTE(cckkpr @ Jan 27 2011, 04:01 PM)
Not likely to drop below 70 cents.

When the next quarterly results is announced, it will surely move past 80 cents.

Goodluck to those hoping for a free fall.
*
Haha
I think those holding need more luck than those waiting.
For those waiting the worst case they just missed the boat and lost noting.

This post has been edited by rosdi1: Jan 27 2011, 09:45 PM
cherroy
post Jan 27 2011, 11:45 PM

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I am surprised the nobody talk about
QUOTE
TIME ENGINEERING BERHAD (“TEB” OR “COMPANY”)
PROPOSED RENOUNCEABLE OFFER FOR SALE BY TEB OF ITS ENTIRE EQUITY
INTEREST IN TIME dotCOM BERHAD (“TdC”) TO THE SHAREHOLDERS OF TEB


And potential impact to Timecom share price.
rosdi1
post Jan 28 2011, 12:35 AM

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QUOTE(cherroy @ Jan 27 2011, 11:45 PM)
I am surprised the nobody talk about
And potential impact to Timecom share price.
*
I tried and read the announcement but dont understand what it is...
May you please explain..
takizo
post Jan 28 2011, 11:56 AM

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QUOTE(cherroy @ Jan 27 2011, 11:45 PM)
I am surprised the nobody talk about
And potential impact to Timecom share price.
*
I won't impact much, it's win-win situation, after TEB sells off, TIMECOM has more control on their company operation
the snowball
post Jan 28 2011, 12:34 PM

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QUOTE(takizo @ Jan 28 2011, 11:56 AM)
I won't impact much, it's win-win situation, after TEB sells off, TIMECOM has more control on their company operation
*
Short term wise, it bound to have an impact. TEB do not have much institutional shareholder. Most are individual, taking out the stake by UEM in TEB, if I remember correctly as I check it last week, assuming that half the other individual investor sell their TIMECOM share, there are about 5-6 days of supply of TIMECOM share coming onto the market based on recent trading volume. People won't hold onto it because they have at least 20% discount with a floor at 48 cents, they will just sell to get the difference.

Another potential is actually that it will unlock the value of TEB. It may accidentally create a cheap TEB, but, I check a few days ago, it does not seem to be the case. TEB is incapable of securing any jobs without government help.

It is better to sell TIMECOM now then wait to grab later when people looking to sell. The risk is that TIMECOM may go up a lot from now on if they announce some sort of super good news and the share price, even after the selloff later will be much higher than the price you are selling now. We are already seeing some sell off early on this week as I mention previously in another post. People are already doing that.

This post has been edited by the snowball: Jan 28 2011, 12:35 PM
Oldskolboyz
post Feb 8 2011, 02:57 AM

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QUOTE(escargo75 @ Jan 26 2011, 11:43 AM)
If it can drop back to 0.63-0.65 level, I think it is time to go in again in my opinion..Really have to calculate their intrinsic value seriously for this stock. NTA/Share value is of no use for this type of company.

Also need to consider the sector rotation factor...Some have say that this year will be for the oil and gas sector but how about communication, any comments forumers?
*
Yup, O & G will give a lot of impact... Grab Time Engineering share now before it to late for you all...
ronn77
post Feb 8 2011, 12:24 PM

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QUOTE(Oldskolboyz @ Feb 8 2011, 02:57 AM)
Yup, O & G will give a lot of impact... Grab Time Engineering share now before it to late for you all...
*
Grab Time Eng?
Or you mean Timecom? laugh.gif
Bonescythe
post Feb 8 2011, 12:28 PM

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Actually both are abang adik..
Both share prices will reflect each other... At least this is what i feel for them..
Oldskolboyz
post Feb 8 2011, 04:18 PM

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QUOTE(ronn77 @ Feb 8 2011, 12:24 PM)
Grab Time Eng?
Or you mean Timecom?  laugh.gif
*
Time will tell you, just clocking right now......
Bonescythe
post Feb 8 2011, 04:19 PM

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QUOTE(Oldskolboyz @ Feb 8 2011, 04:18 PM)
Time will tell you, just clocking right now......
*
No money, then go TIME Eng
Got money, go TIME dotcom

Alot money, both also BUY
Oldskolboyz
post Feb 8 2011, 04:21 PM

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QUOTE(Bonescythe @ Feb 8 2011, 04:19 PM)
No money, then go TIME Eng
Got money, go TIME dotcom

Alot money, both also BUY
*
Just one of them, price will reach >RM3.80.......................
cckkpr
post Feb 8 2011, 04:52 PM

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When the distribution of Tdc shares held by TEB takes place and these shares are unloaded into the market, serious stakeholders of Tdc take this opportunity to up their stakes.

In my opinion, its a good opportunity to take out the albatross round its neck!
rosdi1
post Feb 8 2011, 09:15 PM

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QUOTE(Bonescythe @ Feb 8 2011, 04:19 PM)
No money, then go TIME Eng
Got money, go TIME dotcom

Alot money, both also BUY
*
I will only trade these two counters on a short term basis since their financial data is far from being great.

TIMECOM Q result
Attached Image

TIME Q result

Attached Image

Nb: in Q3 19mill come from the sale of assets
dav3
post Feb 18 2011, 12:06 AM

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i'm seeing TIME is going down. Shall i start to pick up the stock while it's cheap?
mikehwy
post Feb 18 2011, 08:54 AM

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these 2 have been idle and remained quiet for weeks, along with other umno and political related companies ... maybe need to wait for another round of play before getting in for short term?

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post Feb 18 2011, 12:46 PM

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QUOTE(dav3 @ Feb 18 2011, 12:06 AM)
i'm seeing TIME is going down. Shall i start to pick up the stock while it's cheap?
*
We will make surprise & shock announcement in short while after everything in order, right know we are working on it..................................................
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post Feb 18 2011, 12:48 PM

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QUOTE(Oldskolboyz @ Feb 18 2011, 12:46 PM)
We will make surprise & shock announcement in short while after everything in order, right know we are working on it..................................................
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Lolzz...
You speak like from the management smile.gif

This post has been edited by Bonescythe: Feb 18 2011, 12:48 PM
newbie_trader
post Feb 18 2011, 12:52 PM

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QUOTE(Oldskolboyz @ Feb 18 2011, 12:46 PM)
We will make surprise & shock announcement in short while after everything in order, right know we are working on it..................................................
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Shock announcement... hmm.gif PN17 rclxms.gif
Oldskolboyz
post Feb 18 2011, 12:54 PM

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QUOTE(Bonescythe @ Feb 18 2011, 12:48 PM)
Lolzz...
You speak like from the management smile.gif
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No, I'm not but we have plan for it & beyond other people thinking.. Orait, only this I can said.. no more info.............
ronn77
post Feb 21 2011, 10:39 AM

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some good reading for sharing...

Time Eng/TimeDotCom … Dated Jan 2011

The latest restructuring exercise undertaken by Time Engineering Bhd (Time) may end up making the company cash rich and less vulnerable to being a takeover target as it moves its crown jewel, a 24.9% stake in Time dotCom Bhd (TdC) under the direct ambit of Khazanah Nasional Bhd.

The proposed offer for sale of its TdC stake will benefit Khazanah. The government investment holding arm, which has a 45% stake in Time, can anticipate a healthier portfolio of public-listed communication companies under its umbrella to join the likes of Axiata Group Bhd and Telekom Malaysia Bhd.

To recap Time Eng had proposed renounceable offer for sale of up to 626.18 million shares of RM1 each in TdC at an offer price to be determined later on the basis of eight offer shares for every 10 shares of 20 sen each held in Time.

Time is expected to raise RM300.56 million from the proposed exercise which would enable the company to divest its stake in TdC in a manner that provides shareholders an opportunity to have a direct participation in the prospects and future performance at a discount to the market price.

Further, the divestment will allow Time Engineering to fully or substantially early redeem its outstanding RSLS (redeemable secured loan stocks) issued to Bank Pembangunan Malaysia Bhd, thus benefiting Time Engineering in terms of interest costs savings.

The proposed exercise would enable Time Eng to generate additional funds for working capital purposes, expansion of existing businesses and for investment when such opportunities arises. The exercise is expected to be completed by mid-2011.

It is worth noting that the company has been aggressively looking for ICT projects overseas in the past two years since new CEO Steven Lim came on board in May 2009.

Time Eng would realise a gain before tax of about RM36.43 million from the offer for sale. The amount was after taking into account current written-down cost of investment of 38 sen per TdC share, accelerated RSLS interest costs of about RM26.19 million and assuming the offer shares at an offer price of 48 sen were fully taken up.

The company also said the gain, which excluded the estimated expenses for the proposed exercise, would increase the consolidated earnings per share of Time by about 4.7 sen based on the issued and paid-up share capital of 775.24 million Time shares.

Further, Time would be able to realise a minimum interest cost savings of about RM6.84 million per annum upon early redemption of the RSLS in full.

As at Sept 30, 2010, Time had cash of RM89.41 million, RM261.61 million in loan stocks and shareholders funds of RM216.63 million, or net gearing of 79.5%.

The restructuring may have been done to make Time less vulnerable as a takeover target. It will also allow Khazanah to fetch a higher value proposition should it find a prospective buyer for TdC, as the company will be directly owned and the cost of acquiring it will be much higher than via Time.

Time has, for some time, been rumoured as a takeover target. In July 2010, it was reported that four bidders were interested to acquire UEM Group’s 45% stake in Time, although this was later denied. The key attraction among the bids, it appears, was Time’s now roughly 24.9% stake in TdC.

TdC is rebranding itself as a global a competitor in the Internet bandwidth game, comparing itself to giants such as Japan ’s KDDI and India ’s Bharti Airtel.

In November 2010, TdC proposed a number of acquisitions that would turn it from a local player into a regional player. The company has proposed to pay RM339 million for the Global Transit Group’s entities, which mainly deal with the wholesaling of Internet protocol bandwidth through a stake in an international submarine cable. It will also venture into the data centre business through the acquisition of local data centre player, the AIMS group. All these acquisitions will be paid through the issuance of RM248.1 million worth of TdC shares and a cash payment of RM90.9 million.

The mainstay of these entities comes from the Global Transit Group’s 10% stake in the US$300 million (RM918 million) Unity cable. The 9,620km underwater cable runs from the US to Japan with a design capacity of 4.8 Tbps of data. With a 10% stake, TdC potentially has access to 480 Gbps of bandwidth to sell to regional and local telcos.

At the same time, TdC is strengthening its balance sheet by undertaking a 90% capital reduction exercise to pare down accumulated losses of up to RM3.04 billion from past years. This will be followed by a 5:1 consolidation of TdC shares and a capital repayment to shareholders amounting to RM50.61 million. TdC’s latest 3Q10 results saw net profit surging 75.4% to RM20.9 million from RM11.9 million a year ago.

But if TdC is the key attraction, why were all the past rumoured takeover attempts focused on Time instead? The answer could lie in the relative cost of control to the acquirer given the large difference in market capitalisation between Time and TdC. Time has a market capitalisation than TimeDotcom. Thus, by the same reasoning, Khazanah should be able to get more money by selling the TdC stake directly, rather than via Time. The proposed distribution by Time Eng of its 24.7% stake in TimeDoctCom will effectively remove the threat of any other party emerging as a prominent shareholder in the latter.

The gem in TEB is its 24.7% block in TDC, which had a market value of rm466 million at TDC’s closing price of 74 sen. But more than that, anyone who controls TEB will indirectly have a substantial say in TDC.

If the sale goes through, Khazanah Nasional will have a direct stake of about 11% in TDC and another 30% via its unit Pulau Kapas Ventures Sdn Bhd.

Although the deal seems watertight, it is believed that a group of TEB shareholders are opposed to it. But they collectively hold less than 8% in TEB. These shareholders prefer to see the shares continued to be held by TEB instead of being distributed in an offer for sale exercise to shareholders.

After the sale of TDC, the valuation of TEB may be further eroded considering that it will without a major asset. Investors only picked up TEB shares because it was much cheaper entry into TDC.

If the sale of TDC is concluded, TEB’s remaining asset will be a 71.25% interest Dagand Net technologies Sdn Bhd. Dagang Net was given the mandate by the government to develop, manage, operate and maintain a portal for the trade facilitation system for a short five years, commencing Sept 2009.

Other than Dagang Net, as at end Sept 2010, TEB had cash of rm90 million and receivables, deposits and prepayments of rm28 million. It also had total liabilities of rm286 million, of which rm261 million comprised secured loans backed by its interest in TDC.

The issue could also be that the disgruntled shareholders are up against state controlled investment arm Khazanah. The shareholders opposing the distribution need to get at least 50% of shareholder support to scuttle the proposal. But considering that Khazanah already holds 45% of TEB, thus us a major hurdle.

It also no secret that Khaznah’s investment in both TDC and TEB has not borne fruit.

Khazanah’s 30% block in TDC was acquired of various times and is worth much more than the current price of TDC. In end 2002, Khazanah exchanged rm785 million of its bonds for 253 million TDC shares, valuing TDC at rm3.10 per share and is amounted to 10% of TDC’s equity. TEB had sold three year zero coupon exchangeable bonds to Khazanah in March 2001 as part of a rm3.9 billion debt restructuring scheme after tumbling into difficulties after the 1997/1998 Asian Financial Crisis.

TDC’s initial public offering wee priced at RM3.30 a level they have not tested since. The IPO was undersubscribed by 75%, which resulted in many government funds being forced to take up shares in TDC.

TEB has made rm1.2 billion from the floatation exercise but much of the proceeds from the listing were utilized for debt restructuring.


Added on March 23, 2011, 10:02 amThis few days TC really pushing uptrend and now seems like heading to 90 cents soon. Perhaps some new projects is in hand?

This post has been edited by ronn77: Mar 23 2011, 10:02 AM
sharma07
post Apr 1 2011, 02:06 AM

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ime dotCom, Measat to provide IPTV, broadband in Klang Valley, Ipoh
Written by Joseph Chin of theedgemalaysia.com
Thursday, 31 March 2011 19:37


KUALA LUMPUR: TIME DOTCOM BHD [] is teaming up with Measat Broadcast Network Systems Sdn Bhd (MBNS) to provide IPTV and broadband services across the Klang Valley and Penang.

TdC said on Thursday, March 31 that its unit, TT dotCom Sdn Bhd (TTdC) had signed a collaboration agreement with MBNS, which takes effect from Dec 20, 2010 and continue for 10 years from April 1.

The collaboration agreement supersedes and replaces the principal terms of collaboration signed by the parties on Dec 20, 2010.

“Potential and existing residential customers of TTdC and/or MBNS in apartment blocks, multi-dwelling units or commercial buildings specified in the collaboration agreement will be offered an Astro IPTV solution, bundled with Time Fibre broadband, broadband value added services and voice telephony services,” it said.

MBNS shall be responsible for marketing the “Triple Play” which shall be branded as Astro B.yond IPTV and accompanied with “Powered by TIME 100% Fibre Optics” logo.

As for TTdC, it will manage the services on TIME’s 100% pure fibre optics network.

“The collaboration with MBNS will allow TTdC to acquire customers at a faster rate in the target areas, and leverage on the strengths of TIME's 100% Pure Fibre Optics network. Bundling Astro B.yond IPTV service with TIME Fibre Broadband allows both parties to deliver best of breed services to the end customer.

“As a result, TIME's wholesale business is further strengthened via working with an anchor collaborator such as MBNS,” it said
soulmad
post Jul 1 2011, 12:12 PM

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wat happen to time ?
8:10 sale what mean??
now price rm0.30++ only?
rosdi1
post Jul 1 2011, 12:16 PM

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QUOTE(soulmad @ Jul 1 2011, 12:12 PM)
wat happen to time ?
8:10 sale what mean??
now price rm0.30++ only?
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x already loo
mi amor
post Jul 1 2011, 12:25 PM

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sifoo rosdi1

is it good to buy for short period profit?since share price is cheap now.., smile.gif
soulmad
post Jul 1 2011, 12:31 PM

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it offer 53 sen to buy for timecom share
so why the share will drop until 0.30+
any 1 can englighten??

so reannounceable sale is no more already?
if wan buy the offer what procedure we need?
thought it mention till 7th july
rosdi1
post Jul 1 2011, 12:55 PM

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QUOTE(mi amor @ Jul 1 2011, 12:25 PM)
sifoo rosdi1

is it good to buy for short period profit?since share price is cheap now.., smile.gif
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This is a adnormal rights issue.,, The right is for TIMECOM share not for TIME share
so TIME is disposing it Jewel in the Crown for 0.53 ? after that is TIME still worth 0.35 or more?
I think not but still with the 0.53 cash will contribute to 0.424 per TIME share it get from selling of TIMECOM.
Why is TIME lower than that (0.42)?
I think because without TIMECOM it worth noting...maybe -ve. but with more cash now can this bad business become good? I think not...
What about the OR??? ( If you buy the OR and pay another 0.53 you get time com share now at 0.73)
if you can get it at 0.12 to 0.16 it is a good buy I think.

RGDS
yiptan2329
post Jul 1 2011, 04:56 PM

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Hi every sifus here,

Just want to find out why 4456 Time today reference price is RM0.28?? Capital repayment?
kilrathi
post Jul 1 2011, 05:36 PM

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QUOTE(rosdi1 @ Jul 1 2011, 12:55 PM)
This is a adnormal rights issue.,,  The right is for TIMECOM share not for TIME share
so TIME is disposing it Jewel in the Crown for 0.53 ? after that is TIME still worth 0.35 or more?
I think not but still with the 0.53 cash will contribute to 0.424 per TIME share it get from selling of TIMECOM.
Why is TIME lower than that (0.42)?
I think because without TIMECOM it worth noting...maybe  -ve. but with more cash now can this bad business become good? I think not...
What about the OR??? ( If you buy the OR and pay another 0.53 you get time com share now at 0.73)
if you can get it at 0.12 to 0.16 it is a good buy I think.

RGDS
*
I have TIME share that i bought at RM 0.445 ... so with this 8:10 means what ?? please someone advise me....
muxx
post Jul 1 2011, 07:58 PM

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QUOTE(kilrathi @ Jul 1 2011, 05:36 PM)
I have TIME share that i bought at RM 0.445 ... so with this 8:10 means what ?? please someone advise me....
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I am in the same boat with you...how does this stuff works eh?
rosdi1
post Jul 1 2011, 11:06 PM

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QUOTE(yiptan2329 @ Jul 1 2011, 04:56 PM)
Hi every sifus here,

Just want to find out why 4456 Time today reference price is RM0.28?? Capital repayment?
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Let me try to explain why it is 0.28?
Time close at 0.45 yesterday (30 June)
Timecom close at 0.74 (30 June)
Today is the x rights (1 July)
The rightsis 8 for 10 at 0.53
( For every 10 TIME share youwill be given the right to buy 8 TIMECOM share at 0.53 each)
It also mean that for every 10 TIME share they are giving away ( 8 * (74-53)) = 1.68
or 0.168 per share (to the nearest sen 0.17)
so the fair value after x of TIME is 0.45 - 17 = 28
If you read it together with my earlier explaination it can be clearer or is it?
I hope that answer you question.
kilrathi
post Jul 1 2011, 11:26 PM

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QUOTE(rosdi1 @ Jul 1 2011, 11:06 PM)
Let me try to explain why it is 0.28?
Time close at 0.45 yesterday (30 June)
Timecom close at 0.74 (30 June)
Today is the x rights (1 July)
The rightsis 8 for 10 at 0.53
( For every 10 TIME share youwill be given the right to buy 8 TIMECOM share at 0.53 each)
It also mean that for every 10 TIME share they are giving away ( 8 * (74-53)) = 1.68
or 0.168 per share (to the nearest sen 0.17)
so the fair value after x of TIME is 0.45 - 17 = 28
If you read it together with my earlier explaination it can be clearer or is it?
I hope that answer you question.
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hi rosdi .. so supposing i take up this offer, and buy the 8 shares at rm 0.53 ...so how do know at what price should i sell my TIME share and TIME COM share to ensure I am making profit ?? How do i keep track ?
rosdi1
post Jul 1 2011, 11:33 PM

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QUOTE(kilrathi @ Jul 1 2011, 05:36 PM)
I have TIME share that i bought at RM 0.445 ... so with this 8:10 means what ?? please someone advise me....
*
Means: you are still the same in theory....

what is going to happen..
for every 10 shares of TIME you are going to received 8 rights to pick up TIMECOM share at 0.53.

Say that you have 100000 (100K) TIME share that you buy at 0.445each for RM44500 (RM 44.5K)
you will be offered right to pick up 80000 (80K) TIMECOM shares at 0.53 each
You have a few options
1. You pick up the full rights by paying (80000 * 0.53 = 42400) to get 80000 (80K) TIMECOM share
now you will have 100000 (100K) TIME share worth RM28000 (RM28K if TIME price stay at 0.28)
and 80000 (80K) TIMECOM share worth (80000 * 0.74 = 59200) ( RM59.2K)
So you had paid 44.5K +42.4 K = RM 86.9 K
Now you have 28K + 59.2K = RM 87.2 K
still at avery small profit of RM 0.3K that if the price remain the same....which is quite unlikely.
I adviced a friend to sell the OR on the opening day (5 July) at the opening bell hoping to get 0.18 to 0.16
On the third day I think the price will dropped to just around 0.10 ( this is just my wild guess)

If you are already angry with TIME just sell TIME and use the money to pick up the TIMECOM rights bit stil not enough.. you may also sell some of the OR as well so that ypu can have enough money to pickup the right.

The last option of an angry man is to sell TIME and the OR as well.
I think timing play a very important part here so be very careful...
Good Luck to all of you.

kilrathi
post Jul 1 2011, 11:56 PM

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QUOTE(rosdi1 @ Jul 1 2011, 11:33 PM)
Means: you are still the same in theory....

what is going to happen..
for every 10 shares of TIME you are going to received 8 rights to pick up TIMECOM share at 0.53.

Say that you have 100000 (100K) TIME share that you buy at 0.445each for RM44500 (RM 44.5K)
you will be offered right to pick up 80000 (80K) TIMECOM shares at 0.53 each
You have a few options
1. You pick up the full rights  by paying (80000 * 0.53 = 42400) to get 80000 (80K) TIMECOM share
now you will have  100000 (100K) TIME share worth RM28000 (RM28K if TIME price stay at 0.28)
and 80000 (80K) TIMECOM share worth (80000 * 0.74 = 59200) ( RM59.2K)
So you had paid 44.5K +42.4 K = RM 86.9 K
Now you have  28K +  59.2K = RM 87.2 K
still at avery small profit of RM 0.3K that if the price remain the same....which is quite unlikely.
I adviced a friend to sell the OR on the opening day (5 July) at the opening bell hoping to get 0.18 to 0.16
On the third day I think the price will dropped to just around 0.10 ( this is just my wild guess)

If you are already angry with TIME just sell TIME and use the money to pick up the TIMECOM rights bit stil not enough.. you may also sell some of the OR as well  so that ypu can have enough money to pickup the right.

The last option of an angry man is to sell TIME and the OR as well.
I think timing play a very important part here so be very careful...
Good Luck to all of you.
*
How do we get the OR ?? currently i only have 10,000 shares of TIME purchased at RM 0.445 ... looking at today's price TIME is at RM 0.315 ...where do i go from here ? please advise.

This post has been edited by kilrathi: Jul 1 2011, 11:59 PM
skiddtrader
post Jul 2 2011, 12:03 AM

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Wow I'm surprised so many people didn't know what they were getting into when they buy the share. Good luck figuring it all out. blink.gif




kilrathi
post Jul 2 2011, 12:08 AM

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QUOTE(skiddtrader @ Jul 2 2011, 12:03 AM)
Wow I'm surprised so many people didn't know what they were getting into when they buy the share. Good luck figuring it all out.  blink.gif
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Would appreaciate if you can SHARE what you know bro ... it's good to share .. smile.gif
skiddtrader
post Jul 2 2011, 12:24 AM

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QUOTE(kilrathi @ Jul 2 2011, 12:08 AM)
Would appreaciate if you can SHARE what you know bro ... it's good to share .. smile.gif
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I wish I can help, was only interested in the share because of recent announcements. I don't have any holding so didn't read much into their proposals. All I know is the headline proposals which will include capital repayment, capital reduction, share consolidation etc.

Anyway good luck figuring it out.
rosdi1
post Jul 2 2011, 08:18 AM

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QUOTE(kilrathi @ Jul 1 2011, 11:56 PM)
How do we get the OR ?? currently i only have 10,000 shares of TIME purchased at RM 0.445 ... looking at today's price TIME is at RM 0.315 ...where do i go from here ? please advise.
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Your 8 K OR (ordinary Rights) will be in your CDS before the opening bell of the OR tradind day (6 July to 12 July).
As I mention earlier I had adviced a friend to sell off the OR.
The best price of the OR is usually at the opening half hour so my friend is trying to sell it at the opening bell on the 6 July.
I also advised him to continue holding to the TIME share that he have.
( To me TIME is not a good company own by strong hand like khazanah, and many other goverment funds and the had paid heavy price for their share more than RM1.00 so he can still hope that the goverment will come to help... If he had not already have it I will not recommend that he purchase TIME share.)

What about exercing the right?... More money needed to buy it. in your case almost the same amount as what you had paid for the TIME share. (to me I just don't like the idea of buying a fan to get to buy an airconditioner at a discount)

What about selling the mother to pick up the OR...
(In my earlier example You than sell the fan to buy the airconditioner at a discount...The main question that you have to answer is do you want this airconditioner?)
TIMECOM is a better company than TIME the share price is more than 2 time higher but they also had announced a few things that you should be aware. If I remember correctly they are going to have a capital reduction from 1.00 par to a 0.10 par and merge 5 share for one 0.50 par share in your case the 8K 1.00 par share share will be 1.6K 0.50 par share . Is that good or bad? To me, don't look that good.
I am more suspicious now that TIME who had announced a plan (at last year AGM ? ) to dispose their TIMECOM in 5 years suddenly accelarate their plan by passing TIMECOM share to their share holders they might know something that we don't.
So be extra careful as a Malay saying " Lepas mulut harimau masuk mulut buaya lak"
I hope I had given you some ideas what you can do.... If you sill need my view you may call me during trading time at 03 7731 1964

kilrathi
post Jul 2 2011, 08:28 AM

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QUOTE(rosdi1 @ Jul 2 2011, 08:18 AM)
Your 8 K OR (ordinary Rights)  will be in your CDS before the opening bell of  the OR tradind day (6 July to 12 July).
As I mention earlier I had adviced a friend to sell off the OR.
The best price of the OR is usually at the opening half hour so my friend is trying to sell it at the opening bell on the 6 July.
I also advised him to continue holding to the TIME share that he have.
( To me TIME is not a good company own by strong hand like khazanah, and many other goverment funds and the had paid heavy price for their share more than RM1.00 so he can still hope that the goverment will come to help... If he had not already have it I will not recommend that he purchase TIME  share.)

What about  exercing the right?... More money needed to buy it. in your case almost the same amount as what you had paid for the TIME share. (to me I just don't like the idea of buying a fan to get to buy an airconditioner at a discount)

What about selling the mother to pick up the OR...
(In my earlier example  You than sell the fan to buy the airconditioner at a discount...The main question that you have to answer is do you want this airconditioner?)
TIMECOM is a better company than TIME the share price is more than 2 time higher but they also had announced a few things that you should be aware. If I remember correctly they are going to have a capital reduction from 1.00 par to a 0.10 par and merge 5 share for one 0.50 par share in your case the 8K 1.00 par share share will be 1.6K 0.50 par share . Is that good or bad? To me, don't look that good.
I am more suspicious now that TIME who had announced a plan (at last year AGM ? ) to dispose their TIMECOM in 5 years suddenly accelarate their plan by passing TIMECOM share  to their share holders they might know something that we don't.
So be extra careful as a Malay saying " Lepas mulut harimau masuk mulut buaya lak"
I hope I had given you some ideas what you can do.... If you sill need my view you may call me during trading time at 03 7731 1964
*
that was very helpful rosdi...thanks for sharing!! any idea where we can look at our CDS account? is there some online portal ?
rosdi1
post Jul 2 2011, 02:50 PM

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QUOTE(kilrathi @ Jul 2 2011, 08:28 AM)
that was very helpful rosdi...thanks for sharing!! any idea where we can look at our CDS account? is there some online portal ?
*
The CDS dont change . It is the sameCDS that you are using to buy your TIME.
kilrathi
post Jul 3 2011, 08:16 AM

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so let me get this right ...i will have 8k of TIME - OR in my CDS .. and supposing if i don't want to take up the offer of timecom (8:10) ...what do I do ? on the opening day i SELL all the OR and TIME ? sad.gif
rosdi1
post Jul 4 2011, 12:37 AM

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QUOTE(kilrathi @ Jul 3 2011, 08:16 AM)
so let me get this right ...i will have 8k of TIME - OR in my CDS .. and supposing if i don't want to take up the offer of timecom (8:10) ...what do I do ? on the opening day i SELL all the OR and TIME ? sad.gif
*
If you dont intend to pick up you should sell your OR. From previous experience the OR price is at the highest on the open ( 6 July 09:00 Hrs)
My guess the OR price will be between 0.18 to 0.16
TIME is up to you to sell or not?
If I were you I will keep TIME aiming for a higher price in the short term...
I would had not bought it in the first place... but if I already have it.. I will aim for 0.35 or so... and stop at 0.255
kilrathi
post Jul 4 2011, 07:33 AM

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QUOTE(rosdi1 @ Jul 4 2011, 12:37 AM)
If you dont intend to pick up you should sell your OR. From previous experience the OR price is at the highest on the open ( 6 July 09:00 Hrs)
My guess the OR price will be between 0.18 to 0.16
TIME is up to you  to sell or not?
If I were you I will keep TIME  aiming for a higher price in the short term...
I would had not bought it in the first place... but if I already have it.. I will aim for 0.35 or so... and stop at 0.255
*
QUOTE(rosdi1 @ Jul 4 2011, 12:37 AM)
If you dont intend to pick up you should sell your OR. From previous experience the OR price is at the highest on the open ( 6 July 09:00 Hrs)
My guess the OR price will be between 0.18 to 0.16
TIME is up to you  to sell or not?
If I were you I will keep TIME  aiming for a higher price in the short term...
I would had not bought it in the first place... but if I already have it.. I will aim for 0.35 or so... and stop at 0.255
*
oo, i was thininh all this while i have to buy timecom..so that it balances my purchase...
so if i sell my time at rm0.35 n OR at rm0.18 that means...i actually sold my time share at about rm0.53 right
?
rosdi1
post Jul 4 2011, 07:41 AM

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QUOTE(kilrathi @ Jul 4 2011, 07:33 AM)
oo, i was thininh all this while i have to buy timecom..so that it balances my purchase...
so if i sell my time at rm0.35 n OR  at rm0.18 that means...i actually sold my time share at about rm0.53 right
?
*
Not 0.53 but just 0.49+ (as your 0.18 or can only contribute 80% or 0.14+)
kilrathi
post Jul 4 2011, 05:10 PM

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QUOTE(rosdi1 @ Jul 4 2011, 07:41 AM)
Not 0.53 but just 0.49+  (as your 0.18 or can only contribute 80% or 0.14+)
*
my remiser asked me not to sell the OR, but use it to buy TIMECOM, and then asked me to keep both TIME & TIMECOM until it goes up in a few months ... and then sell it all ???
rosdi1
post Jul 4 2011, 05:40 PM

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QUOTE(kilrathi @ Jul 4 2011, 05:10 PM)
my remiser asked me not to sell the OR, but use it to buy TIMECOM, and then asked me to keep both TIME & TIMECOM until it goes up in a few months ... and then sell it all ???
*
Sure that is an option!!!
You have to come up with another (8K * 0.53) = RM4.24K to pick up TIMECOM.
I hope he is not the same guy that had recommended you to buy TIME in the first place which had landed you in this tight spot.

If I were you I will ask myself, Do I like to have TIMECOM at this time and for the price that I have to pay.
If the answer is a strong YES than I will pick it up.
If NO. I will just sell the OR and I will just ignore the recommendation of others as I will be the one that is going to pay for it.
good luck

This post has been edited by rosdi1: Jul 4 2011, 05:42 PM
muxx
post Jul 4 2011, 06:24 PM

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Renounceable offer for sale by TIME Engineering Berhad (“TEB”) of up to 626,181,720 ordinary shares of RM1.00 each in TIME dotCom Berhad (“TdC”) representing its entire equity interest in TdC (“Offer Shares”) at an offer price of RM0.53 per offer share reflecting a discount of thirty three point seventy five percent (33.75%) to the five (5)–day volume weighted average market price up to 17 June 2011, being the day prior to the price-fixing date, on the basis of eight (8) offer shares for every ten (10) ordinary shares of RM0.20 each in TEB held as at 5.00 p.m. on 5 July 2011 (“OFS”).

does that means if I sold mine today i won't be entitle for the rights?
rosdi1
post Jul 5 2011, 12:47 AM

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QUOTE(muxx @ Jul 4 2011, 06:24 PM)
Renounceable offer for sale by TIME Engineering Berhad (“TEB”) of up to 626,181,720 ordinary shares of RM1.00 each in TIME dotCom Berhad (“TdC”) representing its entire equity interest in TdC (“Offer Shares”) at an offer price of RM0.53 per offer share reflecting a discount of thirty three point seventy five percent (33.75%) to the five (5)–day volume weighted average market price up to 17 June 2011, being the day prior to the price-fixing date, on the basis of eight (8) offer shares for every ten (10) ordinary shares of RM0.20 each in TEB held as at 5.00 p.m. on 5 July 2011 (“OFS”).

does that means if I sold mine today i won't be entitle for the rights?
*
The X was on last Friday (1 July) and now is already post X .
So the rights had been allocated to you. The OR will be in your CDS on 6 july.
muxx
post Jul 5 2011, 06:07 AM

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QUOTE(rosdi1 @ Jul 5 2011, 12:47 AM)
The X was on last Friday (1 July) and now is already post X .
So the rights had been allocated to you. The OR will be in your CDS on 6 july.
*
If I can remember correctly..the price was adjusted on the same very date of the x-date. If let say if I would've bought time on the 1st july before 5pm...I will be also entitle rite? plus I would not incurred any loss due to the price adjustments on the opening of 1st july...can you advice me on this?

This post has been edited by muxx: Jul 5 2011, 06:08 AM
kilrathi
post Jul 5 2011, 07:20 AM

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i think the OR is available to those who bought zTIME before X date...
rosdi1
post Jul 5 2011, 08:57 AM

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QUOTE(muxx @ Jul 5 2011, 06:07 AM)
If I can remember correctly..the price was adjusted on the same very date of the x-date. If let say if I would've bought time on the 1st july before 5pm...I will be also entitle rite? plus I would not incurred any loss due to the price adjustments on the opening of 1st july...can you advice me on this?
*
After the X is business as usual.
If You buy on 1 July you are not entitle to the right..
That is alredy post X,
If you buy a day warlier you are entitle as that is pre X


Added on July 5, 2011, 8:58 am
QUOTE(kilrathi @ Jul 5 2011, 07:20 AM)
i think the OR is available to those who bought zTIME before X date...
*
yes you are right

This post has been edited by rosdi1: Jul 5 2011, 08:58 AM
kilrathi
post Jul 6 2011, 02:12 PM

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slack...today i told my remiser to sell the OR at opening about rm0.16.,,,but he didnt sell, cos it never went to that figure..just now i call him he told me...looks like i have no choice but to pick up 8 lots of timecom....damn...any advise?
rosdi1
post Jul 6 2011, 04:03 PM

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QUOTE(kilrathi @ Jul 6 2011, 02:12 PM)
slack...today i told my remiser to sell the OR at opening about rm0.16.,,,but he didnt sell, cos it never went to that figure..just now i call him he told me...looks like i have no choice but to pick up 8 lots of timecom....damn...any advise?
*
Your remiser had fixed up his mind wanting you to pick up......
To make him happy you just follow him .. I am sure his maths is not that good
The TIME -OS now is 0.145 and TIMECOM is 0.695 and dropping and I wouldn't be too suprice if TIMECOM will drop to 0.65 before the weekend and TIMEOS will be back to0. 12 by weekend
But this is not going to be the end of the story. By the listing date I think TIMECOM will drop another 10% or so....at 0.60+-
Then you should go to see your remiser to do the maths again.

Your remiser understand that the prices will go down... and his reasoning to ask you not to sell is because he believe that after going down the share will go up again... I think he might be right in that... but what I dont understand is why he (or is it a she) want you to ride the storm . To me you should be out and if you still like it later you can always buy back
kilrathi
post Jul 6 2011, 06:04 PM

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QUOTE(rosdi1 @ Jul 6 2011, 04:03 PM)
Your remiser had fixed up his mind wanting you to pick up......
To make him happy you just follow him .. I am sure his maths is not that good
The TIME -OS now is  0.145 and TIMECOM is 0.695 and dropping and I wouldn't be too suprice if TIMECOM will drop to 0.65 before the weekend and TIMEOS will be back to0. 12 by weekend
But this is not going to be the end of the story. By the listing date I think TIMECOM will drop another 10% or so....at 0.60+-
Then you should go to see your remiser to do the maths again.

Your remiser understand that the prices will go down... and his reasoning to ask you not to sell is because he believe that after going down the share will go up again... I think he might be right in that... but what I dont understand is why he (or is it a she) want you to ride the storm . To me you should be out and if you still like it later you can always buy back
*
So you suggest that I sell my OS tomorrow, and sell my TIME tomorrow ??


Added on July 7, 2011, 10:08 amsold time OS at rm0.17., now wait for TIME to go up....

This post has been edited by kilrathi: Jul 7 2011, 10:08 AM
rizer
post Jul 17 2011, 01:38 PM

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recently TM Unifi having strong subscriber base growth and coverage expansion

how about Time ?
rosdi1
post Jul 31 2011, 09:28 AM

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Now that the TIME storm is over.
I think TIMECOM weathered the storm quite well to just dropped to 0.675.
I expect it to drop another 5%.
With the TIME issue over I think it now going to move up without the disturbance from TIME anymore.
I think that TIMECOM is all set again for a good up movement.
TP: 0.84
Time frame 100 Trading days
yok70
post Jul 31 2011, 09:12 PM

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QUOTE(rosdi1 @ Jul 31 2011, 09:28 AM)
Now that the TIME storm is over.
I think TIMECOM  weathered  the storm quite well to just dropped to 0.675.
I expect it to drop another 5%.
With the TIME issue over I think it now going to move up without the disturbance from TIME anymore.
I think that TIMECOM is all set again for a good up movement.
TP: 0.84
Time frame 100 Trading days
*
I still have good feeling on timecom, although we still haven't seen the REAL SHOW yet after so long time. I hope it's just ahead of us, not too far away?..... hmm.gif
coconutzz
post Aug 16 2011, 09:44 AM

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hi guys, this thread been silent recently..any insights?

yok70
post Aug 16 2011, 03:02 PM

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QUOTE(coconutzz @ Aug 16 2011, 09:44 AM)
hi guys, this thread been silent recently..any insights?
*
besides some quiet buying strength, nothing much. tongue.gif
rosdi1
post Aug 22 2011, 12:25 PM

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QUOTE(coconutzz @ Aug 16 2011, 09:44 AM)
hi guys, this thread been silent recently..any insights?
*
Anyone seing the bottom of this hole?
I pity for those friends who are still keeping this..
Maybe you need to bite the bullet now...
coconutzz
post Aug 22 2011, 01:44 PM

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QUOTE(rosdi1 @ Aug 22 2011, 12:25 PM)
Anyone seing the bottom of this hole?
I pity for those friends who are still keeping this..
Maybe you need to bite the bullet now...
*
Fortunately my average price is 59 cents...lets hope that it bounces back soon.
cckkpr
post Aug 22 2011, 02:36 PM

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The fundamentals are still intact for now but there is not much news on the proposed acqusitions. Hopefully, no negative surprises from the quarterly reporting or else.....
coconutzz
post Aug 23 2011, 04:05 PM

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finally its up...lets hope the Quarterly report...shoots it up further...
rosdi1
post Aug 24 2011, 07:12 AM

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QUOTE(coconutzz @ Aug 23 2011, 04:05 PM)
finally its up...lets hope the Quarterly report...shoots it up further...
*
I had being following this for a year now....
I don't like the look of it...
I expect some reversal in Aug but it don't happen but instead continue the slide much faster.
I think there is a higher probabilitty of bad news that good.
I dont have any timecom and if I have I would had sold it and go sideline.
the strong support is now at 0.49
coconutzz
post Aug 24 2011, 09:52 PM

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Results are out :--
http://www.klse.com.my/website/bm/listed_c...ments/index.jsp


Added on September 9, 2011, 10:06 amtop volume today..anything brewing?

This post has been edited by coconutzz: Sep 9 2011, 10:06 AM
SKY 1809
post Oct 7 2011, 11:56 AM

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Any updates on this stock ?

Budget favour ??
ngaisteve1
post Oct 7 2011, 01:51 PM

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Some research on this:

Good:
- Current ratio - 80.81
- Debt equity ratio - 0.15
- NASP - 0.49
- PE ratio - 10.75
- last 4 quarters has decent growing EPS.

Bad:
- Past years ROE is low.
rosdi1
post Oct 7 2011, 02:34 PM

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QUOTE(ngaisteve1 @ Oct 7 2011, 01:51 PM)
Some research on this:

Good:
- Current ratio - 80.81
- Debt equity ratio - 0.15
- NASP - 0.49
- PE ratio - 10.75
- last 4 quarters has decent growing EPS.

Bad:
- Past years ROE is low.
*
Looking at the charts
The FR resistance is at 0.485, and the next one at 0.575
So I will not touch it below 0.485 just wait for it to break the resistance first la....
SKY 1809
post Oct 7 2011, 04:28 PM

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Supposed to run billion ringgit school internet project ?


fastreader
post Oct 7 2011, 07:11 PM

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QUOTE(SKY 1809 @ Oct 7 2011, 04:28 PM)
Supposed to run billion ringgit school internet project ?
*
they got tonnes of contract..but their priuce not reli going up
SKY 1809
post Oct 8 2011, 12:31 PM

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Telco companies are more recession friendly
SKY 1809
post Oct 11 2011, 09:47 AM

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QUOTE(SKY 1809 @ Oct 8 2011, 12:31 PM)
Telco companies are more recession friendly
*
Should close above 49 sen today


Added on October 11, 2011, 10:14 amTimecom is subject to MGO at higher price but asking for waiver from SC.

Another escape route mounted on minority shareholders.

Malaysia Mana Ada System.

This post has been edited by SKY 1809: Oct 11 2011, 10:25 AM
yok70
post Oct 11 2011, 03:07 PM

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QUOTE(SKY 1809 @ Oct 11 2011, 09:47 AM)
Timecom is subject to MGO at higher price but asking for waiver from SC.

Another escape route mounted on minority shareholders.

Malaysia Mana Ada System.
*
that's why its share price depress for so long? shakehead.gif
kueyteowlou
post Oct 11 2011, 03:13 PM

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QUOTE(SKY 1809 @ Oct 11 2011, 09:47 AM)
Should close above 49 sen today


Added on October 11, 2011, 10:14 amTimecom is subject to MGO at higher price but asking for waiver from SC.

Another escape route mounted on minority shareholders.

Malaysia Mana Ada System.
*
from the scenario ...

it's can be sustain 0.50 above... wub.gif
SKY 1809
post Oct 11 2011, 04:10 PM

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575 or more ?
ronn77
post Oct 12 2011, 10:10 AM

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Any idea for recent surge in price?

This morning added 2 cents to 0.53

Anyway a bit regret for not selling it when hitting 90 cents last year.
cckkpr
post Oct 12 2011, 11:03 AM

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QUOTE(SKY 1809 @ Oct 11 2011, 09:47 AM)
Should close above 49 sen today


Added on October 11, 2011, 10:14 amTimecom is subject to MGO at higher price but asking for waiver from SC.

Another escape route mounted on minority shareholders.

Malaysia Mana Ada System.
*
They may not have the funds to make the MGO.

If they do, another thumbs down for Bursa Malaysia.
noswear
post Oct 12 2011, 03:55 PM

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QUOTE(SKY 1809 @ Oct 11 2011, 09:47 AM)
Should close above 49 sen today


Added on October 11, 2011, 10:14 amTimecom is subject to MGO at higher price but asking for waiver from SC.

Another escape route mounted on minority shareholders.

Malaysia Mana Ada System.
*
i thought Mana Ada System = MAS???
SKY 1809
post Oct 12 2011, 09:31 PM

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Buy Time dotCom shares: OSK

Time dotCom Bhd's wholesale segment would be the beneficiary of an increasing demand for internet bandwidth and the rising trend of mobile operators fiberising their 3G networks with an estimated RM3.75 billion market potential.

OSK Research in a research note today said there is a strong upside potential as Time dotCom's share of the wholesale market is a paltry nine per cent of an indicative addressable market of RM1.83 billion.

"We believe Time dotCom's current management team has the credentials to move the company to the next level, after having successfully engineered its turnaround in 2009," it said in a research note today.

It also said the soon-to-be concluded acquisition of three companies with business synergies, should drive the group's next leg of growth, and enable it to ride on the robust regional prospects.

"The purchase would allow Time dotCom to capitalise on soaring demand for international and intra-regional bandwidth, which is projected to hit 4 Tbps by 2020 from 0.2 Tbps currently," it added.

The research house has commenced coverage on the telecommunications company, initiating a "buy" call and a fair value of 67 sen. -- Bernama

Read more: Buy Time dotCom shares: OSK http://www.btimes.com.my/Current_News/BTIM...l#ixzz1aZUE5WRc
cckkpr
post Oct 13 2011, 11:58 AM

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QUOTE(SKY 1809 @ Oct 12 2011, 09:31 PM)
Buy Time dotCom shares: OSK

Time dotCom Bhd's wholesale segment would be the beneficiary of an increasing demand for internet bandwidth and the rising trend of mobile operators fiberising their 3G networks with an estimated RM3.75 billion market potential.

OSK Research in a research note today said there is a strong upside potential as Time dotCom's share of the wholesale market is a paltry nine per cent of an indicative addressable market of RM1.83 billion.

"We believe Time dotCom's current management team has the credentials to move the company to the next level, after having successfully engineered its turnaround in 2009," it said in a research note today.

It also said the soon-to-be concluded acquisition of three companies with business synergies, should drive the group's next leg of growth, and enable it to ride on the robust regional prospects.

"The purchase would allow Time dotCom to capitalise on soaring demand for international and intra-regional bandwidth, which is projected to hit 4 Tbps by 2020 from 0.2 Tbps currently," it added.

The research house has commenced coverage on the telecommunications company, initiating a "buy" call and a fair value of 67 sen. -- Bernama

Read more: Buy Time dotCom shares: OSK http://www.btimes.com.my/Current_News/BTIM...l#ixzz1aZUE5WRc
*
Hong Leong had earlier indicated above 90 sen before such positive news came out. Why only 67 sen when things seem improving.
SKY 1809
post Oct 13 2011, 06:27 PM

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Heavy profit taking day
Eye-Hub
post Oct 18 2011, 12:21 AM

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US today will open low sad.gif
Heavy profit taking day again sad.gif
jingxianho
post Oct 20 2011, 08:42 AM

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original post: Hot News

Scomi picks Time as sole network provider
KUALA LUMPUR: Scomi Group Bhd (Scomi), a global oilfield services, transport solutions and marine services provider, has appointed TIME dotcom Bhd (TIME) as the sole network provider to meet its global connectivity needs across five countries.

The partnership includes the design, implementation and full management by TIME of Scomi's Private Data Network connecting Scomi's offices in India, Indonesia, United Arab Emirates, United Kingdom and Malaysia.

TIME chief executive officer Afzal Abdul Rahim said the deployment of Scomi's global network solutions is a result of TIME's efforts in building strategic network partnerships, allowing TIME to extend its reach to over 60 countries today.

"As a leading Malaysian multinational, Scomi's trust in our technical capabilities to deliver critical network services for its global operations speaks volumes of our ability to support companies with a global presence.

"This opportunity to work with Scomi comes as an endorsement to our regional expansion strategy. We hope this partnership serves Scomi's business well and will lead to a satisfying long-term working relationship for both companies," said Afzal.

He said TIME's Private Data Network will help facilitate collaboration between Scomi's global project teams and its global headquarters in Malaysia by allowing for faster cross access to shared applications.
mikehwy
post Dec 1 2011, 12:44 AM

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timecom looks on the way north.
coconutzz
post Dec 1 2011, 08:43 AM

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Yupe! Strong Nett Profit....Powerful and Capable CEO...

This is definitely going up!

mikehwy
post Dec 9 2011, 10:05 PM

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its breaking the 0.70 resistance level. holding very well the whole trading sessions even thought the market sentiment is really bad ... time to get in.
primepeng
post Dec 17 2011, 02:39 AM

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Timecom is being accumulated for the time being. The queueing amount of buying suddenly turned more than double, I think the buyers are collecting at cheaper price. I don't see contra players making profit because the highest price of buying and then selling, this won't be enough to cover the brokerage fee. Do you think the price for Timecom is good for holding for another two weeks time? tx in advanced

dinamika
post Jan 11 2012, 01:30 AM

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TIMECOM is bullish.
RSI is above 50 and pointing up
The price is above ma 20,50.100 and 200
Volume is picking up
Nearest TP 0.82 cents
Stop 0.675 cents
Good luck!
Trade at your own risk.

This post has been edited by dinamika: Jan 11 2012, 04:09 AM
yok70
post Jan 11 2012, 01:07 PM

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QUOTE(dinamika @ Jan 11 2012, 01:30 AM)
TIMECOM is bullish.
RSI is above 50 and pointing up
The price is above ma 20,50.100 and 200
Volume is picking up
Nearest TP 0.82 cents
Stop 0.675 cents
Good luck!
Trade at your own risk.
*
I like your TP! rclxms.gif
dinamika
post Feb 10 2012, 02:45 PM

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QUOTE(yok70 @ Jan 11 2012, 01:07 PM)
I like your TP!  rclxms.gif
*
Good shows Timecom!
samjoywa
post Feb 10 2012, 11:36 PM

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QUOTE(dinamika @ Feb 10 2012, 02:45 PM)
Good shows Timecom!
*
LIKE!!!
Go Go Go TimeCom i just bought yesterday ...smile.gif
gotham11
post May 14 2012, 10:59 AM

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Anyone can enlighten me? I notice the price now is RM3.14? capital restructuring? but my porfolio still show the qty that I am having are the same.
IvanC
post May 18 2012, 05:29 PM

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syok!!! fast fast sell, 500% profit thumbup.gif
jacktan1888
post May 25 2012, 12:57 AM

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QUOTE(dinamika @ Jan 11 2012, 01:30 AM)
TIMECOM is bullish.
RSI is above 50 and pointing up
The price is above ma 20,50.100 and 200
Volume is picking up
Nearest TP 0.82 cents
Stop 0.675 cents
Good luck!
Trade at your own risk.
*
friend better don't trade this counter.
tineagle
post May 25 2012, 01:03 AM

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QUOTE(IvanC @ May 18 2012, 05:29 PM)
syok!!! fast fast sell, 500% profit  thumbup.gif
*
this is misleading.

QUOTE(gotham11 @ May 14 2012, 10:59 AM)
Anyone can enlighten me? I notice the price now is RM3.14? capital restructuring? but my porfolio still show the qty that I am having are the same.
*
it takes some time for the shares in your trading platform to update when consolidation happens. i noticed that with my KNM shares when they consolidated. it should show correct figures by now

QUOTE
Adjusting share price and FV. In its just completed capital restructuring, TDC sought to: (i) wipe out its entire retained losses, and (ii) conduct a 5-into-1 share consolidation. In the exercise, the company reduced its share capital by RM2.3bn (a capital reduction of 2,530.8m shares from RM1.00 to RM0.10 per share), and subsequently cancelled a portion of its share premium to eliminate its accumulated losses.



This post has been edited by tineagle: May 25 2012, 01:03 AM
davinz18
post Jan 19 2013, 04:14 PM

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BUY, TP: RM4.66

The fair value of TdC’s 3.5% stake in DiGi is pegged at RM5.14 per share.

http://klse.i3investor.com/servlets/ptres/13117.jsp
wil-i-am
post Oct 9 2013, 08:35 PM

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Maybank recommend Buy with TP @ 4.40
davinz18
post Nov 21 2013, 10:18 PM

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Time Dot Com 3Q net profit down 21% to RM28mil

Time Dot Com Bhd’s third quarter net profit fell 21% to RM28.24mil from RM36mil a year ago due to lower dividend income, higher depreciation charges and higher cost incurred for cable repair works.

However, its revenue rose 19.8% to RM131.93mil from RM110mil a year ago due to contributions from all product categories, led mainly by data products with an increase of RM19mil.

Earnings per share fell to 4.93 sen from 6.30 sen a year ago.

For its nine months 2013, its net profit quadrupled to RM454.6mil from RM102mil a year ago while revenue was up 34% to RM399mil from RM297mil a year ago.

Moving forward, the group said it would explore new growth opportunities with an emphasis on regional wholesale bandwidth, international submarine cable systems and data centre markets, particularly in the Asean region.

“Coverage and network expansion into the small-to-medium enterprise and consumer space via the Group’s Fibre-to-the-Office and Fibre-to-the-Home initiatives and partnership with Astro may require higher costs for initial set up and deployment.

“Further, new data centre and other potential expansion initiatives may in the initial stage also result in some margin compression whilst revenue growth is expected to be progressive.

“The said initiatives are, however, expected to benefit the group in the longer term,” it said.

The group expects its 2013 results to remain positive.
nexona88
post Apr 10 2015, 10:16 PM

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Time Dotcom disposes 0.64% stake in DiGi.com for RM220m gain
http://www.theedgemarkets.com/my/article/t...in?type=Markets
nexona88
post Jul 1 2015, 06:36 PM

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Time Dotcom Bhd declared today, a special interim single-tier dividend of 73.5 sen per share for the financial year ending Dec 31, 2015 (FY15).

The ex-date for the dividend is July 31, while the entitlement date is July 15, its filing with Bursa Malaysia today showed. The dividend is payable on July 29.

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Life Adventurer
post Jul 4 2015, 01:13 PM

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Hi people,

I have been studying Time dotcom for few months and notice the company is successfully turn around since 2009.

I believe TDC is a very good company and managed by very capable management.

Here is my points:

1. The company suffered years of loss from it operation in Timecel business (Public Phone) which already extinct now.

New management made a bold decision to cut loss and put in new strategy.

2. Continue from point 1, management is playing to its strength by not jump straight into mobile internet business that is up against the BIG 3 in market (Maxis, Digi & Telcom)
and Fix Broadband competitor - TM.

Instead, they have been developing sub marine cable that cater for massive broadband demand for years to come.
Imagine, now almost everyone - kid, adult and old folks are relying on internet in daily life. People stream movies online instead of using DVD player, whatsapp to communicate
instead of SMS/call, listen to online music/radio instead of using traditional radio; online studies etc.
More importantly, demand for broadband will continue to surge as Gen Y ~ Z are more IT savvy than ever and will ask for better quality of life.

3. Cater for huge demand for Corporate

Decade ago, most companies use email for communication or call each other across the globe with phone. Today, many MNCs are transforming with IT evolution.
Example, IBM is using VOIP (Voice over Internet Protocol) to make call internationally. You can see fewer phone on their desks as they use software installed on the PC to make calls which
could save them billions of dollar in long term. And, this is more mobile as MNCs now day allow their staff to work from home.

On top of that, staff in one country will present ideas to counter in another country, which requires strong and stable broadband connection for video conference.
Also, businesses today are very concern about information warehouse to store huge volume of data. Business leaders are trying to harness power of data to provide useful information
for decision making (Big data, Internet of Things and business analytic).

Personally, i think TDC is different from current mobile broadband players in the market where they keep spending money to upgrade facility and lower product price to gain market share. I would think, how long they can afford to do this? How low the price can go down? And, from business perspective, who will win eventually? I don't know.

So, TDC is in the right position as it separate itself from the intense competition by providing broadband infrastructure to ISP like Maxis, Celcom & Digi.

However, I also believe currently the market is overpaying for TDC share. As of yesterday, TDC is priced @ RM7.03.

Current EPS = RM0.3 with Revenue $ 600m. PE = 20
Lets say, we assume a moderate PE = 15, we should pay RM 4.50 per share (RM0.3 x 15)

If PE = 20, price = RM6. (RM0.3 x 20)
*This is simple calculation in Warrent Buffet valuation method.

Compared to Maxis: EPS RM0.22 & Revenue $8.4b, Price = RM 6.4; PE = 29.

As you can see, Maxis revenue is more than 10x of TDC and has long standing/proven record. Now, TDC is already commanding higher share price than Maxis.
HLB Research

And I believe price will go up further. Why? See attachment.
There are more demand queuing @ RM7 and queue @ RM7.10 for sales. Not to forgot, TDC just announce special dividend.

What do you think? smile.gif




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