Results look good

Perfect time to enter!

Pending news of their FPSO listing :) hold it guys n gals...

TP of RM1.40 should be just right for all based on valuations of actual figures.

5-day MA is now below 10-day and 20-day has gone on top. From what i can deduce, it's a healthy correction whereby the Signal will dip to negative territory and price should begin to move up... just a matter of time... RSI is already normal, not overbought/oversold too... =) looks good, if u can buy and keep..

Gonna get itself upgraded to top 30 already nxt mth... =)

I'd hold on tight if i were you =)

On behalf of the Board of Directors of AMEDIA (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:-
(i) Proposed bonus issue of 250,800,000 new ordinary shares of RM0.10 each in AMEDIA (“AMEDIA Shares” or “Shares”) (“Bonus Shares”) on the basis of one (1) Bonus Share for every one (1) existing AMEDIA Share held at an entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue of Shares”);
(ii) Proposed issue of 250,800,000 free warrants (“Warrants”) on the basis of one (1) Warrant for every one (1) existing AMEDIA Share held at the same Entitlement Date as the Proposed Bonus Issue of Shares (“Proposed Free Warrants Issue”);
(iii) Proposed increase in the authorised share capital of AMEDIA from RM50,000,000 comprising 500,000,000 AMEDIA Shares to RM100,000,000 comprising 1,000,000,000 AMEDIA Shares (“Proposed Increase in the Authorised Share Capital”); and
(iv) Proposed amendment to the Company’s Memorandum of Association as a consequence of the Proposed Increased in the Authorised Share Capital (“Proposed Amendment”).

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES ASIA MEDIA GROUP BERHAD (“AMEDIA” OR THE “COMPANY”) (I) PROPOSED BONUS ISSUE OF SHARES; (II) PROPOSED FREE WARRANTS ISSUE; (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; AND (IV) PROPOSED AMENDMENT. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

ASIA MEDIA GROUP BERHAD

Admission Sponsor PM Securities Sdn Bhd
Sponsor TA Securities Holdings Bhd
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description ASIA MEDIA GROUP BERHAD (“AMEDIA” OR THE “COMPANY”)

(I) PROPOSED BONUS ISSUE OF SHARES;
(II) PROPOSED FREE WARRANTS ISSUE;
(III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; AND
(IV) PROPOSED AMENDMENT.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcements made on 5 October 2012 and 17 Oct 2012 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 30 October 2012 (which was received on 31 October 2012), approved the following:

(i) Listing and quotation for 250,800,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares;

(ii) Admission to the official list of ACE Market of Bursa Securities and the listing of and quotation for 250,800,000 Warrants to be issued pursuant to the Proposed Free Warrants Issue; and

(iii) Listing of and quotation for up to 250,800,000 new AMEDIA Shares arising from the exercise of the Warrants.

The approval granted by Bursa Securities for the Proposed Bonus Issue of Shares and Proposed Free Warrants Issue are subject to the following conditions:-

(i) AMEDIA and TA Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed Bonus Issue and Proposed Free Warrants Issue;

(ii) AMEDIA and TA Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue and Proposed Free Warrants Issue;

(iii) AMEDIA to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue and Proposed Free Warrants are completed;

(iv) AMEDIA and TA Securities are required to make the relevant announcements pursuant to Rule 6.36(2)(a)&(b) and 6.36(4) of the LR; and

(v) AMEDIA to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 31 October 2012.

No worries... gotta have faith in the companies we invest in =) Alam is not a punting stock, so whoever can follow it on its growth path will be rewarded... :)

Old news, but still very relevant =)

http://www.theedgemalaysia.com/business-news/222951-hot-stock-alam-maritim-up-6-actively-traded-on-better-prospects.html

New contracts not announced yet... shudn't be unduly concerned about it...

Nice chance to go in heavy at 72 sen! =) for those who missed the boat...

$1.10?? sure boh?? =)

something's definitely brewing!