Malaysia recorded a 5.6% third quarter GDP growth, down from the second quarter's 6.4%. Nevertheless brokers seem to be upbeat that forward growth will remain at the 5-6% level.
I bought some of this counter since everything else in bursa sucks...i heard this co is baba partner and earn USD billing. So this few mths and nx year will fly la...earn more from fx also. Anyone more info on this counter...
Ya..I think you are right sbzk...I will keep this for future. My American business partner also advise me to buy any big data company as now in USA economy moving very strong everyone rush to get more customer. He said same with economy like SEA when down local business want to fight customer to keep sales. Know is knowledge economy...who supply info can be rich.
yes just buy and keep then u see the rewards......... i know now market down but if the counter is potential one why not? even now panpage with local mix with asean countries business, in time to come maybe going out to secure new business in europe or US.
Magic11 & sbzk....Yes agree with you both. Next year there will be some exciting times for this counter. I have been buying and accumulating a lot now. Consider this my safe haven...2 mths back i unwound supermax at its highest so far....then same with SKPetro and Armada...sold all and came to park here. No regrets today considering the counter prices taking a beating last few days. When the market is down...marketing, advertising and data will be in focus. Everyone will look out for new ideas and sources of income. I just hope management starts gaining speed and capitalizing on the trend.
I will buy and keep, follow your advise see how. Mr Ongliao you sold supermax? make money?...today is very down. I also read your comment...you lucky. Can PM me some tip?. share share ....now market bad.TQ
Latest Announcement: Panpages today entered into an agreement to sell its only Property, the industrial office at Kota Damansara for RM20,800,000. After disposal, the Company will not owned any property. Good indication?
Sengkee...Y they sell the office? So will have cash on hand ....so what will they do with the cash...special dividend? Can almost issue 8sen....so they left with the sunway office only right. This type company no need buy building la...if expand rent only lor.
EGM?..any further new topic to make decision in EGM? Hopefully got dividend and some good message on new business. USD very high now...hope earn more international biz in 2015.
zzzz...its ok...USD strong and getting stronger...PanPage equally so...US boom is good for IT services company as after US domestic market get heated overflow to SEA will come. I heard a lot of company in US looking for clean data for B2B and B2C networking....fly soon PP.
Magic - Panpage only caters to big IT/Media companies...mainly MNC's like Microsoft, google, apple...etc. Their IT division might be servicing some local companies and could be govt as well. But bulk of their revenue is from the big boys. Certainly USD will support richer profits at the current fx rates. Jewel in the making....might be just like MyEG one day...from 60cnts to the equalavent of RM5.60 today. That's y i like such companies....can move 10x over a period of 1 yr. Collect more now....so so so cheap!!!.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sengkee
2,060 posts
Posted by sengkee > 2014-11-13 13:09 | Report Abuse
No idea. Buy and hold. Wait for the time to come. A lot of contra due today & tomorrow.