Comrades - I just got in @ 4.36. Any comments about the prospects of this company?

Sure

I'll probably be going to Magnum AGM.
Any idea what's the door gift and on the buffet spread? lol.

Huat888 - what is your source for this information?

It's not in the U Mobile website - I do see Vincent Tan as Chairman & Upatkoon as director though. These 2 gaming tycoon rivals coming together in telco.

Probably Dr Charles needed the money or maybe he over-analysed the hudud thing.

Weh9168 - I've combed through Magnum's annual report but there's no indication that it owns U-Mobile.

Last year 30 Apr 15, Full year EPS = 26.75 & Div = 21.50;
Current YTD 31 Jan 16 = 14.93 & Div = 14

So if the performance is the same (or stagnant) then for the quarter to 30 Apr 16, EPS = 26.75 - 14.93 = 11.82 & Div = 21.5 - 14 = 7.5

Give me stagnant performance & I'd be happy.

I've swooped in to buy.

Now only one small problem exists - how to pay for it in 3 days time!

Hoping for EPS > 5 sen and Dividend of 6 sen for the last quarter.
Am I asking too much?
Is that too much to ask?

Yes always. Often their questions are rather academic but occasionally they are pointed. Perhaps the highlights for MWSG is the brunch/lunch spread lol.

This illegal issue thing has been going on for decades. They can crack it down but i speculate that too many bigwigs have their hands in the illegal cookie jar hence any action will be just for show.

Would the govt like to increase their coffers with gaming taxes from the legal gaming outfits? - The answer is Yes. But between the govt's coffers and personal pockets then what do you think would be the preference?

TQVM hezjing

Looks like they met my expectations. But I'm still somewhat disappointed as my expectations were low to begin with. My worry is that this is supposedly the best quarter.

Considering the strong headwinds with the poor economic & political sentiments I can only hope for the same performance to be repeated for the next 3 quarters. Anything more would be a bonus and anything less is unfortunately expected.

Likewise TJ. I thought the food spread was good.

I'll be attending the AGM today. Is there any questions you'd like me to ask? Last year they had a good buffet spread....burp!

Please give me EPS of 4+ and a dividend of 4.
Anything less & I'll be disappointed; anything more is a bonus.

somo1 - haha good one. You're highly optimistic!

One impact is that Bizurai as a result of ceasing to be a substantial shareholder, need not per se disclose it's dealing.
But I think despite this, any dealings by Bizurai would still require TVT's disclosure since it would impact his holdings as a substantial shareholder.

I cheak some @ 3

At the recent AGM, the chairman was impatient & was trying to bulldoze the accounts deliberation. That's not right as shareholders only has a once a year opportunity to grill the board.

Shareholders are concerned over several issues including the declining share price & dividends. The fact that the investment was written down soon after acquisition which smells a rat.

MSWG raised the issue that one of the directors did not attend 3 out of 5 board meets and was not present at the AGM was seeking re-election. A few of us was put our hands up opposing to his re-election. However there were several old folks who were just pleased to be treated nicely in a pleasant surrounding, with an umbrella as a door gift and a spread of food who blindly like zombies supported his re-election. MSWG also noted that there was a director who did not attend the past 2 AGMs as well as the current. It gives me the impression that their presence in the company was merely to carry the title "director", collect fees and eat popiah at meetings. I hope that the parent company notices these red flags & do something about it.

Unfortunately Fahmi my eloquent response to your question was removed because the obsolete filter programme of this blog site probably deemed certain words as profane without being able to see the context and the big picture of the message.

Don't get your hopes up too high KL lady as it's likely a cum-dividend play.

I'm worried about the property sector of the business

I was doing a mental calculation of the cost of the AGM - a rather sumptuous meal washed down with a good quality apple and a bottle of mineral water plus a RM100 prepaid card. Multiply it by say 1500 and add with hall rental, the cost can easily hit RM250k!

Sometimes such deals are used to push up prices.

It's supposed to be the best quarter because of CNY.

Q2 runs from Aug - Oct. I believe it's still May.

I attempted at 3.01 but did not strike. Not to worry, I shall live to fight another day.

I was distracted by the discounts galore on other counters so I spent most of my bullets on Paramount. KJ is more a long term play & I'm watching it closely brother Yip.

Take the bull by the horns! We could start off by subscribing to Digi (unless the coverage is not good). That'll go a long way towards weakening the competition.

Price is drifting downwards by the day. No smoke without fire so I'm mentally preparing for the worst.

EPF seems to be on a disposal binge of late. Maybe it's the pathetic dividends that's putting them off. Can't think of anything else as the company seems rather well-run.

I'll be there to catch KJ if she falls to 3.12. Come on baby - daddy's waiting!

I feel sorry for Maxis as in all fairness, their support service is good. However I can't help it but support the business which I own a part of.

i thought so too. In fact I raised the question to the board a few agms ago as to whether in their opinion, Toto is a defensive or recession-proof business but they were non-committal.

The bad news is I'm sustaining mark-to-market losses. But there's a silver lining ...
The good news is that my average cost of acquisition is declining.

Ok I've put my money where my mouth is & have registered my entire family with Digi.

Not bad, for RM68 you get 3 gigs with the ability to carry forward up to 1 gig. Also unlimited free calls to any network.

Compare the following fundamentals based on 4 May closing price:
Price PE DY
Digi 4.39 19.8 5.0
Maxis 5.55 23.9 3.6
Axiata 5.57 18.9 3.6

Which is your pick?

Let us all in this chat start off by changing our network to Digi. This mass show of support is far more beneficial to us shareholder than some little exchangeable gift points.

The reality is that the service is so highly commoditised and competitive that these mobile networks do not have much room to manoeuvre without significantly affecting their bottomlines. If we en masse subscribe to Digi, it'll go a long way to help wipe out the competitors.

So looks like EPF will make a neat profit by shorting large chunks with the onset of negative news and now scooping them up again.

Does anyone in this chat think that Webe of TM can take a big slice of mobile market?

I'm doubting a good quarter & that's reflected in the share price. You know la - insiders taking advantage

It's price-to-book is very attractive

Magnum ice cream is performing better than Magnum lottery

EPF is gobbling up Digi again

Thanks Clarence - I believe the recent amendments to the companies act among others, removed the notion of "par"

Now I have none

Only have 1 bullet left

Aji is defying gravity !! Irrational exuberance??

You could be right since the quarter straddles CNY.
I think it's just a spike as I'm not optimistic that such performance can be sustained.

There are counters like Aji which were or are undervalued due to lack of liquidity. Maybe if you give me your email - we can share opinions

I thought my profit was handsome but yours looks fatter. Mine was averaged at 4.53. I've sold most & shifted to other shares.