who in CSL decide when and what price to do share buy back ? dun tell me it is Chan Fung.

i would rather wait until it is confirm chan fung no more dumping the share. if cf dump and csl company buy back, pointless then.

make few sen less is better than taking risk, just my opinion.

entering episode 20

to wahaha and datuk (and others substancial shr holders) :
i guess you guys should ring up CSL auditor at Singapore and ask them what had they done in audit, also remind them whether they want to become another AA.

CSL auditor at Singapore : The man in charge in audit is Wong Kian Kok
Foo Kon Tan Grant Thornton LLP
47 Hill Street, #05-01
Singapore Chinese Chamber
of Commerce & Industry Building
Singapore 179365
T +65 6336 3355
F +65 6337 2197
E fkt@sg.gt.com

http://www.grantthornton.com.sg/contact/contact.html

come on, if this is so call "left hand go to right hand" deal, it does not need to take 14 months from one ringgit plus slowly reduce to 20 sen, they could have done it since beginning at 5 sen and scare all people away, why take 14 months for left hand to right hand ? lets face the reality.

i would rather accept if someone say kwan goreng other shares and screwed up and lost a lot of money which he need to pay now, or he went to genting/golden sand.

After claiming the company make a lot of money and have tons of cash, what are the motives for major/big share holders dispose their share cheap like mad in the market ?

1) kwan family also kena mad cow disease and become crazy ? --> unlikely

2) kwan wants to do charity ? --> unlikely (in fact he seems to stop donate money after he succeed in listing the company.

3) kwan wants to privatize csl ? --> unlikely since the cost and the risk he had taken by dumping the shares now are more expensive than give general offer when csl market float was less than 15%.

4) kwan need money urgently for some season and he need it as CASH ? --> most likely but for what purpose ? may be only his son knows the answer. whatever it is, it is definitely not something which benefits the outlook of csl.

next week when everything red red after FOMC meeting, may be 18 also can get.

too bad this csl is not muar version of csl, otherwise just bring it to the batu pahat hotel, check in same room and bring in same girl then may be it will up ... until csl says "chu liao"

why not make a police report and request an investigation to be done under CBT ? may be can also demand chan fung to bring to team from m'sia small share holders to china factory for audit, wahaha can be chief delegate, all costs boned by csl.

To :datuk, apa cerita for PBA ?

patience will be paid, if really given up go away from this topic.

Anybody can share the share holding of this Puncak ?

From my CIMB Itrade system, seems like there is increase of 6.3 mil shr to substantial shr holder. Last week CIMB Aset bot 8 mil, EPF sold 800k, Teacher Ins sold 876k. If bohkangtau, why r they buying ?

Hope u can share data so tat I can tell whether my data is accurate. TQ

Just like AES, whether the project will go on or not depend on whether can find bees and ants cronies to push it.

Hans Chung had reduced his share to half, if he reduce further then only cabut, now is too early to cabut.

Daren and Crawler, what is AA ?

From Bursa website, http://www.bursamalaysia.com/market/listed-companies/company-announcements/1249121

I used to think this is one of the share I want to keep after GE13 but once I see the news, I back off ..

FYI, Malaysia only make some optical fibre cable by glueing optical fibres mainly imported from China. The local products are much more expensive than oversea products, so without relationship or self consumption, not easy to survive.

Anyone read about below news ? Losing business from Telekom to Opcom is similar like Smartag lost business from Custom. Seems like they dont have other customers but many competitors .

===
OTHERS Revocation of Letter of Award for the Supply and Delivery of Single Mode Optical Fiber Cables and Other Cables from Telekom Malaysia Berhad
OPCOM HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description Revocation of Letter of Award for the Supply and Delivery of Single Mode Optical Fiber Cables and Other Cables from Telekom Malaysia Berhad

With reference to announcement made dated 4 April 2013 on Revocation of Letter of Award for the Supply and Delivery of Single Mode Optical Fiber Cables and Other Cables from Telekom Malaysia Berhad ("Telekom"), Opcom Holdings Berhad ("Opcom") wishes to further clarify as follows:-

Reason for Revocation

Telekom is of the opinion that in their view, Opcom's subsidiary, Opcom Cables Sdn. Bhd., did not fulfill all the necessary requirements as set out in the tender.

Financial Effects

Opcom opines that the Revocation of the Letter of Award will mitigate the positive effects of the said Letter of Award on the financial performance of Opcom Group.

This announcement is dated 5 April 2013.

non performing old gone should be good news. hopefully the new man will stop the bleed and diversify the client target.

I am hoping after GE13, pic in custom would hv gut to make final decision, either the shr price fly high or go icu.

Woh, it is nice to count the profit now. I also think to buy.

By the way, wat if this takeover not approved by SC ? (I also heard FGV own another 20% of TWS)

when is the d day for application to move from ace to mainboard ?

wat a joke, if that company has 7m, will the boss want ipo, ipo to share profit with u ?

Lets change the name to TAPAO, sure good name.

i m confused, i tot ekuinas wants to dump tgoff and list kbe. those hold tgoff has nothing unless they bot the kbe share last time.

correct me if i m wrong. tq

can any 1 confirm whether u r ever able to buy at price 0.07 ? fyi, every morning i try to put in my q starting 8am but i am still not able to get any deal. look at the q for 0.07 it is always so huge everyday and yet never ever able to get to buy at this counter. i believe the syndicate already use remisier/dealer system to make q even b4 8am.

may i know if any one of u online system can start q b4 8am ? how can we file a complaint to sc ?

just sold my warrant yesterday. at first tot to convert buyand gain more, but conversion need 2 weeks time, by then cannot expect wat will happen to the mother price. this is always the dilema unless it is conversion to mother which announce bonus issue or divident.

how would AFTA (asean free trade agreement) impact the local cement manufacturing counters ?

steel industries already suffered from in flow of steel to m'sia. the 10% sales tax is not sufficient to fight against china import since their price of cement is much cheaper and quality is better as well.

may be they need money to pay civil court case and other consequence costs.

tsw is mum to wsk and younger but unregistered wife to the deceased dad, they failed to claim any property from the deceased. anyway i dun know whether it make sense to link to this case since the verdict is in jan 2012 and now oct 2012, any 1 who know the timing in mahkamah pls gv comments.

try not to personal attack this family due to their marriage background since we r outsider and dun really know wat is inside.

http://kl.kehakiman.gov.my/sites/kl.kehakiman.gov.my/attachments/J_33-521-2011_%28Pang_Kwee_Yin_v_Teh_Sew_Wan%29%5B1%5D.pdf

after the son disposed some share, now is the mother turn to dump 6m share in market. hope the intention is merely to cash some money.

the family still control unshakable percentage of more than majority of shr holding

Changes in Sub. S-hldr's Int. (29B)
ASIA MEDIA GROUP BERHAD

Admission Sponsor PM Securities Sdn Bhd
Sponsor TA Securities Holdings Bhd
Particulars of substantial Securities Holder
Name Teh Sew Wan
Address No. 5 Jalan Enak 2
Taman Gembira
58200 Kuala Lumpur
NRIC/Passport No/Company No. 500127-10-5696
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each
Name & address of registered holder Wong SK Holdings Sdn Bhd
No. 35-1, Jalan Bandar 16
Pusat Bandar Puchong
47100 Puchong, Selangor

lets hope he sell some more and dun be panic. i believe there r few players who r yeying at this tv license which define together the digital tv spectrum allocated for it. for 4g spectrum, mcmc has limited width and therefore they need to ask all the wimax companies to take up small portion each and those who want more need to go and negotiate then buy/rent from others, tat is wat happen for redtone can rent/sell some to maxis and make some profit.

it should be the same situation for digtv, who knows may be he already been forced by unseen hands behind to dispose his shares to make room for others.

ge fund raising for bn

company really good will never listed one, the boss would not be stupid to share the profit with us. wat he want to share with us is RISK.

astro par value 0.10 and today sell for 3.00++

knm (some call kaniama) offer right issue at 0.70 but now shr price < 0.60 ?
hubline, 1dimension , (add the list urself)

so long dont put all eggs in same basket, shld be ok. just treat this amedia as one of many of ur concubines, if give baby good, if not other will mk babies for u still.

i doubt he dares to sell more. someone may buy up this co and ost him.

if count at price 0.10 this guy used to hold 104m share, meaning he need 10.4m, at age 30 plus is he so rich or he get financing to hold the share and with wat collateral ? finance co is well known for "when no rain they offer u umbrella but when heavy rain they ask u to return the umbrella"

Jacobkoo, who will award the digital tv contract to digistar ?
TQ

now we know the seller, who r the buyers for this 22m shares ?

wat news to make this counter up ?

checked the website, products r good.

But why all directors dispose shares, cash flow trouble ?

guys, think wat hongkee suffered many years ago. it is something we need to go through, if not our children will suffer more. the only thing to say is our government keep on wasting money, this is the root cause of all dilema we suffer now. in 1998 indon cuts most subsidy and cos suharto to fall but today indon economy is stronger. stay away from all tongkat policy then we have hope, the less this government sponsor the more the citizen learnt to be independent and responsible. now government still sponsor a lot in education in boarding school so ppl keep fu ck without worry of how these children will face their life in future.

malaysia salary must move to follow other countries like hong kong, lets have waiter at kfc counter paid at rm4000 a month and we need to live by removing subsidies, it is painful but necessary if this country want to survive. anyway i wonder how this country want to find enough jobs for 70m citizens plus many newly MANUFACTURED citizens for ge,. not to mention retirement age increased to 60, temporary it reduce pressure on pension, in long term ...??? ????

Winny, i believe there must be a takeover negotiation but may be price not right (just like airasia and bataviar air). why ricky did not try to sell his share when price went up to rm1++ ? well may be he think amedia worth more than tat. were not many of us initially hold and refused to sell this amedia bcos we think the price can go up further ?

ricky hold 45% of amedia, his proxy might hold some more, so for someone to control amedia, he need to make ricky (and his proxy) release the share holding until it is less than 51%.

all above just my suspiciion just like wat i like to do when watching movies, and most of the time my guess is right. i believe strongly ppl behaviour r back by motives.

guys, i dare to bet the tv license own by amedia will be the last one after rtm and media prima. imagine how many channels rtm and media prima have and each one of them only has 1 and only 1 license. rtm and media prima must had made hell loud complaint to their papa amno, if all tom dick can get license then the tradition media and present 2 big guys in tv media will suffer huge competition.

think about the logic and motive and looks at wat happened in past few months, i tend to think there is/r syndicates (may be 1 or 2 work separately) who tried to take over amedia. first they slowly goreng up the price, the intention is certainly not to make those who bot low on amedia share rich, but rather bcos hoping ricky tempted and sell his share for profit. seems like they had failed and also cannot sustained high price, so they take revenge to dump the shares . dun hv to mention name, probabily u urself already hv some idea who they r.

may be some other also hv same suspecion like me.

jttrader,
how to sell back to ur own account ? teach me please& thanks.

how about this company cash flow status ?

just to share

Asia Media share price drop ‘temporary’, says CEO
By DANIEL KHOO
danielkhoo@thestar.com.my

PETALING JAYA: Asia Media Group Bhd, the hot stock in the news following the steep plunge of its share price by over 150% in the last few days, expects the share price to “stablise” sooner or later, said its chief executive officer Datuk Ricky Wong.

He said he had no idea what was causing the drastic drop in the share price but added he was sure the panic selldown was temporary.

“Unfortunately ACE market companies, being small cap, always appear to be played by certain speculators.

“The company has been performing well and active, as such, it does attract many speculators,” he told StarBizWeek in a text message yesterday.

He also said as a promoter and major shareholder, he had not sold a single share since the company was floated on Bursa Malaysia.

Asia Media’s shares have plunged of late from its RM1.14 record high closing price recorded on Sept 27. The share price further declined yesterday by 3 sen to close at 35 sen.

Some local fund managers said it was likely that the company shares were sold down on concerns that the market for outdoor digital electronic display advertising would entail high replacement costs because of the bad habit of certain Malaysians who vandalised things placed at public places.

“I know these are only a select group of naughty people but by and large we don’t have the culture of maintaining public property.

“People like to damage these things to the detriment of the public at large. I don’t know what fun they find in doing such things actually. Asia Media may bear the brunt of this since they have installed so many such boards in buses,” a fund manager said.

“In the bigger picture, we are rich country due to our oil money but all our money goes to replacing rather than maintaining public items properly.

“It is a mindset of the public that is very tough to change. A lot of wastages will entail with such a mindset,” he added.

The company was issued an unusual market activity (UMA) query in August by Bursa Malaysia in the trading of the company shares.

However, the stock could gain traction moving forward given that it had applied to Bursa Malaysa and is currently waiting for approval from the relevant authorities for the proposed transfer of listing to the Main Market.

Stocks on the Main Market traditionally gain more exposure with a higher market capitalisation which will qualify to enter the buying list of certain fund managers.

simonfish, dt wira is chairman to both amedia and redtone.

few points to share:
1) fact: one more point is redtone used to have a digital tv software business but heard they want o close it (or already closed) bcos made loss.
just my opinion: i believe the reason is bcos they dun have the tv broadcast license.
2) fact: wira is newly invited to become redtone chairman in sept 2012.
just my opinion : why they dun invite me but invite wira ? i believe bcos they know wira hold 30% of a company who has tv broadcast license.

my opinion only:
1) redtone wifi infra and amedia media system can make wonderful media braodcast system if compared to cost and time to build DTTB tower.
2) wsk unlikely to bring down share price since he can make more if price is up. (not a strong motive as i can imagine)

lets imagine who would want the price to be down ? (a) competitor ? (b) party who want to take this license ? (c) purely market trend ?

who r the big boys in amedia ?
1) wsk owns 45%
2) the rest all less than 5% (so if they play the shares also no need to inform sc) : Koh Kin Lip 3.7%, dana focus 2.2%, warisan serantau s/b 1.9%, philip cap mgmt 1.1% and ta small cap 1.1%
3) the rest all ikan bilis with less than 1%

Koh Kin Lip is sabahan, also owns daya material, npc resource, oriental food, hap seng plantation, cocoland, scomi marine, many more... .

i leave the rest for u to imagine .....

facts base on 2011 report:
1) wsk owns 70% of MSSB and 104m (45%) of Amedia share
2) wira owns 30% of MSSB and only 100k (0.04%) of Amedia share
3) MSSB paid up is RM 7 and auhhorise is RM 100,000.00 and MSSB hold the money printing license for Amedia

questions:
1) though wira owns 70% of the money printer but earn almost zero from amedia. even a tom dick like me can also buy 100k amedia if wish to. will wira be happy ? if not wat will he do ?

2) will the authoritity accept this if they found out actually the so call 30% bumi shares do not enjoy any real benefit of the game ? will mcmc revoke and pull back the license ?

just my opinion:
i m non bumi and not happy for giving discount to bumi share. BUT i would never agree to cheat bcos i dun believe it is the soluytion to the problem.

for those old enough, remember the case on t??xchem boss alleged of allocated 30% share to his own bumi driver ?

sound quite complicated for me . amedia bhd own amedia sdn bhd. amedia sdn bhd own maha semarak sdn bhd ?

q: mssb is a rm7 (seven ringgit) company ?

http://in.reuters.com/finance/stocks/ASMG.KL/key-developments/article/2403207

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Asia Media Group Bhd's Subsidiary Acquires 70% Stake In Maha Semarak Sdn Bhd

Wednesday, 21 Sep 2011

Asia Media Group Bhd announced that its wholly owned subsidiary, Asia Media Sdn Bhd, had on September 19, 2011, acquired 70% of the enlarged issued and paid up share capital of Maha Semarak Sdn Bhd for a total cash consideration of MYR 7.00.

to jtpc2006,

in dec 2011 amedia transferred the license from amedia to mssb. below news copied from "cari" blog said this is due to mcmc required the owner to hv at least 30% bumi shares. datuk wira is the only bumi who own 30% of this mssb and the rest is under amedia. look like still positive to keep this company share since it still indirectly use the license .

===
亚洲媒体子公司 执照转至MSSB

财经新闻 财经 2011-12-24 11:53
（吉隆坡23日讯）亚洲媒体（AMEDIA，0159，创业板贸服组）独资子公司——亚洲媒体有限公司（简称AMSD)，已获大马通讯和多媒体委员会批准，将旗下所持有的执照转至Maha Semarak有限公司(简称MSSB)名下。

这些执照允许AMSD首推数码无线电视直播（DTTD)，惟AMSD须确保该公司土著股权不少于30%。

AMSD目前拥有MSSB的70%股权，其余30%股权则由该公司非执行董事拿督威拉赛益持有。

另外，由于MSSB已经符合30%土著股权的条例，因此，亚洲媒体决定不进行私下配售活动。[NanYang]

zennix85, looks like u r right.

zennix85,
sorry for i dun mean to challenge ur view. actually yesterday i bot some lot at 0.43 and think to hold for bonus issue. after i found out the license no longer in this company ownership, i dun think i want to keep its share, this morning i sold out at .44. i may be over react but no regret since my initial intention is to invest rather than trade.