some one is playing the share today. If you are a short term investor, i think is good time to let go and get some profit

Thanks for sharing the info from the AGM meeting. And something that we will never see in the annual report.

It is very easy for a company to say they are interested to enter O&G. But how many of them are successful? This company was making loss in the previous quarter. Means they have more debt than cash on hands. That will be a bit difficult for them to get more cash to invest in O&G. This remind me about Keywest. A very similar case. They were making loss and mentioned that interested in O&G. Finally, they got trouble and got into PN17 and suspended now.

Agreed with NavinShah.

I think, no matter who is going to buy over the shares from Deutsche Bank, it is not an going to help much to sustain the share price at high price (some rumours say CMSB is interested to buy the shares). The new share holder will just hold the shares (around 16%) and it is not going to change the Board of Directors. Kenanga will still doing the business as usual. This is only my opinion.

Everyone contribute in EPF if you are a legal workers in Malaysia. No doubt. I also disagree if using EPF money to secure MAS.

I just saw the blog posted on 20-Feb that mentioned XOX delaying submission of financial statements and showing variances between audited and unaudited results. Just a small comment here. Please be caution on this. It might be the 2nd Keywest.....Almost similar case as Keywest before they went into PN17 and suspended from Bursa.

Yes. insurance will cover the lost of this plane. But definitely it will affected the passengers confident on taking MAS in future. This will affected the financial result. Furthermore, MAS will definitely under pressure of dispose all the ages aircraft or go to major inspection or service after this incident. That cost money.

From an investor point of view, MAS will need times to gain back the passenger confidence. Furthermore, they might need to re-inspect in detail for the all aircraft and dispose those really old one.... That will cost them a lot. The financial report is expected to see red in the following quarters....

Deutsche Bank is planning to sell it stakes in Kenanga. Is it a good news? Why they want to sell if it is profitable company?

Since they newly bought over a company, the profit from the new company will not able to see significantly in the next quarter report. Furthermore, normally when it reaches the mid of the year (around May/June), the whole share market is a bit slower. I bought Willow last time at 0,34 years ago and just got profit last year. For me, I will wait for the next quarter result if the price is not below 0.60 for me to re-enter Willow.

So, if you still haven't own any Willow share and wish to invest, to my opinion, the best entry price is below 0.60, then you will get a return of 4.2% which is better than fix deposit or any house loan (If we assume that the dividend will be around 25%). However, you might get more as the share price will /might be increase.

If 30% dividend (mean RM30), then with current price (0.71), you will get 4.2% return. So, that is why some people are disappointed as it declare only 20%.

If you consider current price (0.71), you will get the return only 2.8%.

GOB need more funds to develop the lands at Batu Kawan. So, asking for more money is reasonable for pay the debt and develop the lands. A lot of company is doing that. I don't think of anything reason why we need to be careful with this company.

Actually, to me the quarter result is ok. As you can see the profit before tax is actually increase. Only the taxes that kill them this time.

Hi Hopeman, I read that news from newspaper. Not create by myself. :) The portion of the money gain will be use to write off the debt. You may read the newspaper on GuangMing today. However, the remaining of the money will be keep for investment.

Hopeman. Yes. I know that. In my previous statement, i have made it clearly that the capital (net asset per share) is 1.20. So, which mean, the share is worth for 1.20 based on their asset. Right now, the price is only 0.79 (1.0 par value). Even when it revised to 0.50 par value, it will still 0.79 cents.

Risk is always an apportunity

Also, take note that the net asset per share is still 1.20 compare to current price 0.79

On the other side, it is a good news for long term. The cut to 50% is to cancel all the old debts during the change over from old company to GOB. In future, GOB will have 'clean' financial report.

There are few more automotive players (or potential customers) for Notion in Malaysia such as Bosch and Denso.

From the trend, it looks going up in this few days. But I still think that it is hard for Kenanga to break through 62 cents unless there is special news coming up

MYEG just got the contact award from custom today.

2 sen is already around 3% increase. We can not see only the money increase and saying that it is not a good counter. It depends on the value of the share. A 5 dollar share can be increase 10 sen a per but perhaps only 2%.

Hi Val-Elta, I think i made a typo error in my previous comment. It should be: "normally the share buy back will not reject in AGM.".

stteck, thanks for the sharing. I have missed this news in newspaper.

Not likely it will reaches 0.40. Again, the same reason, when Redtone financial report was in red, the price was around 0.40. With a stable income (at this moment partnership with Maxis), it will never reaches 0.40.

it is too risky to purchase the share when it hit the highest point in a year.... People will start to take profit on it.

Redtone continue to buy back the share.

spinninglotus, everyone has the right to share something in this forum. PLEASE do not attack anyone who has different opinion with you. Thanks.

I am not only invest in Malaysia share but I do invest in US share market as well. I can't say I am expert but at least I am monitoring everyday on US market performance and also spend at least one hour daily reading the world economy performance. I am just to share my opinion here on AA.

1999 and 2009 is world wide economy crisis. Not only Malaysia share drop, whole world was affected. Today, it is not economy crisis. One of the reason why foreign investors are puling out the invest in Malaysia share market is because the US gov is tapering bond buying program. So, some of the foreign fun will pull back the money to support US share market. I am not the expert to tell anyone to buy in or sell but at least I will read and understand the whole world situation. Not just focus on one small point and make conclusion. So, again, if foreign fun see there is no future in AA, they will pull out.

Only those shares which has very strong and big local investors (or investment fun), we have to be very careful. As those investors can control the price up and down. They can sell today and buy back tomorrow. Even in the same day as well. But I seldom see any foreign investors doing that.

If foreign share holders is 48%, then I will consider it as a 'safe' entry point. The reason why I say so is, the foreign share holders will have bought AA at higher price than today (2.20). So, non of the investors will like to 'rugi' especially those foreign investors who has strong holding power compare to local small investors. Furthermore, if foreign investors see AA as 'no future share', they will have run away even faster than us.

air01557, Are you sure, TADMAX? They were making lost in the quarterly report. Anyway, we are here to discuss only Redtone.

Financial result out. Profit up almost 50% compare the last year same quarter.

One of the good thing about share buy back is to stable/support the share price. I am holding YTLPower as well and they also having the share buy back activities almost daily (allow to up to 10%). The price has been picking up from 1.53 to 1.90 mainly due to share buy back support. If any investors throw out their share, this share back back activities will helps to stable the price.

That might be possible... But ECM business is not the same as HLCap. HLCap has big fun to support but not ECM. So, even though the free float share is getting lesser, it doesn't mean the price will shot up. Maybe I can give a good example of free float share which is less in market (SAM Engineering). The company is making money and the free float share is low. But the price still can not increase as no much people interested on it.

One of the possibility after share buy back is to dispose the share to reduce the floating shares in market. If I remembered correctly, tt has been done before by other company. If this is truth, then the per value share will be increase. Please correct me if I am wrong.

gummy2u, thanks for the sharing.

hi Val-Elta, thanks for the correction. :) Well, normally the share buy back will be reject in AGM. So, hope the coming AGM in March will approve that.

the new NAP has out. No surprise for local car manufacturer

Lets look at the financial report that is going to be out in 2 days time. The report will tell whether the company is doing well or not. Personally, I don't see any negative side on Redtone. Share is always up and down. Even during the time Redtone was making lost, the share price also around 0.40. So, if a company keep on the current business (even without new business), do you think the price will drop back to 0.40? Just make your own judgement. I am (and I will) not asking you to sell or buy. :)

Keywest is going to send the proposal of the company restructure to all the shareholders. Lets see what they propose.

Share buy back was approved by the shareholders up to 10%. I think the price is going to be stable or uptrend after that.

Please understand that with or without VT focus, it will not affected the business of Redtone. VT is only one of the big investor who holding the shares. He is not eh board of directors who decide how the company grow. For DDTB project, i think for the past weeks, a lot of people has been taking about that (positive and negative point of view). So, the effect of this issue already reflected on the following 2 days trading after the annoucement (drop from 0.68 to 0.645). For selling the Redtone Mobile, no one will know whether it is good or bad. It might be a good news as well at least they do not need to fright with those big telcon company like Digi, Maxis, U Mobile etc.

Thanks for the update, sephiroth.

Bought at 0.65 today. Looks like there is a good support at 0.645. Lets wait for the update of the fully dispose on china business. Suppose to be announce by end of Jan.

I think the most important thing is not to just look at the IB analyst TP but read the detail report that made. See based on what points they set the TP. Then, ask yourself whether it makes sense.