Posted by goflykite > 2014-09-15 16:13 | Report Abuse

haha...filled 0.67 for 5 lots....i m too lucky...LOL

Posted by goflykite > 2014-09-17 10:05 | Report Abuse

waiting to collect again at 0.65!!!! HAHA

Posted by goflykite > 2014-09-17 16:31 | Report Abuse

Bro, TIS are you the one supporting at 0.66 & 0.665??

Posted by goflykite > 2014-09-18 09:23 | Report Abuse

Yeah!!! Hope can get 0.65 and below today...LOL

Posted by goflykite > 2014-09-18 09:23 | Report Abuse

Congratulate to those who bought at 0.68 and above...haha

Posted by goflykite > 2014-09-18 09:49 | Report Abuse

650!650!650!

Posted by goflykite > 2014-09-18 09:51 | Report Abuse

Bro TIS, where are you and gangs?

Posted by goflykite > 2014-09-19 09:34 | Report Abuse

What happen?

Posted by goflykite > 2014-09-19 09:37 | Report Abuse

Wahahaha!!!! Can't stop laughing!!!!

Posted by jun12345 > 2014-09-19 09:42 | Report Abuse

Ok what happen just now???

Posted by kun1971kun > 2014-09-19 10:39 | Report Abuse

any news about going to main board???

Posted by goflykite > 2014-09-19 14:02 | Report Abuse

Very bad sign, main board transfer fails?

Posted by goflykite > 2014-09-19 14:04 | Report Abuse

Our TIS Bro and gang have gone missing, no longer dare to shouting mmode as diamond.. pity them le...

Posted by SS661M > 2014-09-21 13:17 | Report Abuse

We r always here defending our gem. If it is dirt, it has had broken the resistance 0.65 & continued dropping further. Take a look at the volume. Do u see any heavy selling? I suspect some private funds are suppressing the price & collecting prior to announcement of god news.

Posted by kun1971kun > 2014-09-21 15:50 | Report Abuse

ya i waiting for the good news too

Posted by kun1971kun > 2014-09-21 15:51 | Report Abuse

i saw the company the company still get profit, but y the price go down ???

Posted by Chung Hou Tan > 2014-09-24 06:54 | Report Abuse

Pe 10 keep down also....

Posted by goflykite > 2014-09-24 10:25 | Report Abuse

diamond, diamond, where are you??? haha...665 now...

Posted by SS661M > 2014-09-25 10:57 | Report Abuse

I think all the resistance is cleared. Time to soar.

Posted by uncle > 2014-09-25 10:58 | Report Abuse

this is 1.00 ++ company

Posted by SS661M > 2014-09-25 17:29 | Report Abuse

Already 4months still no approval? Must pay some kopi O money. This boleh land no kopi O no progress.

Posted by kentg03 > 2014-09-26 01:22 | Report Abuse

not approve will announce or not

Posted by SS661M > 2014-09-26 14:19 | Report Abuse

Not approve they wil tell you stail in progress or they wil appeal.

Posted by kentg03 > 2014-09-29 15:20 | Report Abuse

0.655. What's wrong with this share

Posted by rocket > 2014-09-30 00:59 | Report Abuse

nothing wrong , the market is always right ...

Posted by kun1971kun > 2014-10-01 10:01 | Report Abuse

sad to see the price keep going down

Posted by kentg03 > 2014-10-01 10:37 | Report Abuse

maybe will break the 4 weeks range soon

Posted by samcghee > 2014-10-01 16:23 | Report Abuse

dropping again, hope it will drop below 60 cents

Posted by kentg03 > 2014-10-01 17:22 | Report Abuse

finally break the 4 weeks lower range. 0.60 coming

Posted by kun1971kun > 2014-10-01 21:39 | Report Abuse

actually y keep droping...anyone pls tell...

Posted by samcghee > 2014-10-02 14:15 | Report Abuse

good opportunity to buy and keep more.

Posted by VIWizard > 2014-10-02 15:07 | Report Abuse

all sifu, what is the support line for this counter?

Posted by smgan1980 > 2014-10-02 16:26 | Report Abuse

what wrong this company

Posted by kentg03 > 2014-10-02 17:18 | Report Abuse

the bear is coming to town

Posted by cfoong > 2014-10-02 19:13 | Report Abuse

the august result saw the profit reduced due to high cost of sales as comparing to last yr. qtr to qtr was flat. Before the announcement of the shifting to Bursa tht time, it was at range of 052 to 056, after the announcement, it advanced gradually to highest approx. 0.8.. For better margin of safety, it shall be below 0.58... I bought in at prices of 0.58 tht time and unloaded all at 0.74. Finally, it is back close to 0.60... NOTHING WRONG WITH THE COUNTER BUT ONLY WANA TO TRAP THOSE HOPING FOR THE PRICES ADVANCEMENT DUE TO SHIFTING FROM ACE TO MAIN... but also its results remains flat...but investors looking for better gains...

Posted by SS661M > 2014-10-02 20:24 | Report Abuse

If really transferred to mainboard how could it affect share price?

Posted by bursafreeman > 2014-10-02 22:33 | Report Abuse

If the dividend can maintain as last year RM0.02, take dividend yield of 3%.Then RM0.66 is kind of fair value.

The SC scorecard periodic update for the SC performance press release is stated to be announce every second Thursday of following quarter, meaning middle of Oct should see whether any ACE to MainBoard transfer submission is approved or reject. Hope MMODE will do the annoucement prior SC press release.

Posted by bursafreeman > 2014-10-02 22:38 | Report Abuse

Cash value per share for MMODE is RM0.20 as per 30-Jun-2014.

Pass 2 years, the MMODE EPS is around 7.5sen.
For Q1 and Q2, MMODE already made 3.83sen.
If they can maintain the earning, this year should have no problem to meet the 7.5sen.
Using the current PE 10x, the TP should be around RM0.75.
With current price of RM0.61, margin is above 20%.
If you compare to similar business like EFFICEN, EFORCE or SCICOM, the PE is around 20x.
So MMODE PE 10x still consider low.

Posted by VIWizard > 2014-10-03 08:19 | Report Abuse

all sifu, what is the support line for this counter?

Posted by XXXvalue > 2014-10-03 12:28 | Report Abuse

It is operating in a competitive business. It is natural for profit to be squeeze after a while unless management can find new revenue stream...until then expect to drift lower.

Posted by SS661M > 2014-10-04 12:20 | Report Abuse

The share price has appreciated by almost 45% since the announcement of propose mainboard listing. So, it is logical that ppl took profit. When ppl took profit, herd reaction followed. Panic selling followed. It is true that TTM operating profit droped by almost 9%. TTM net cash flow from operation also reduces almost by half due to increase in receivable. However, this is just the 1st. half of the game. We still have 2nd half to play catch up. Sometimes delay in billing or late payment can cause a bad quarter report. Unless you have made > 30% I dun see the reason of disposing. I dun think it'll drift any lower. It's oversold and ppl have started collecting.

Posted by kun1971kun > 2014-10-05 16:02 | Report Abuse

i hope have good news fr m mode ....im waiting....

Posted by royong82 > 2014-10-05 20:09 | Report Abuse

Interested on their RM47Mil Retained Earnings...see how the board going to dispose the money.

Posted by SS661M > 2014-10-06 10:14 | Report Abuse

@royong. Retained earning is accumulated net profit from income statement minus dividend paid. It doesn't account for adjustment for depreciation, armortisation, fair value gain and investing activities. In other words, it doesn't represent the available free cash. Anyway, I believe MMode has more than 35mil free cash.

Posted by kentg03 > 2014-10-07 09:15 | Report Abuse

MMODE PE now is less than 9! either ppl run or buyer pull down the price!?

Posted by goflykite > 2014-10-07 09:23 | Report Abuse

i will buy...haha very cheap indeed...but be prepared for 0.50 and below...slowly accumulate now...

Posted by prudentinvestor > 2014-10-07 09:50 | Report Abuse

Probably some people know that financial results for the three months ended 30/09/14 would be bad and so they sell now and buy back later. It had happened before.

Posted by goflykite > 2014-10-07 09:58 | Report Abuse

probably is just a deep washing process....as everyone is expecting the share price to surge due to the main board transfer catalyst...but sharks wanna collect more at lower price....so the suppress the price to lower level and to create panic sell from weak holder...

Posted by goflykite > 2014-10-07 10:00 | Report Abuse

buy in big bulk if it goes below 0.50..dun scare!!!! This is the time i m waiting for...haha

Posted by kentg03 > 2014-10-07 10:10 | Report Abuse

If can below 0.5 then it really bcome diamond! Haha