Monday, October 22, 2012

Lucky For Me ^^

 
 
1. ASTRO - Price of Astro tumble !!! Lucky to have escaped on this. Many have said that this stock is over-priced. :( This remain to be seen in the coming Q result.
 
2. GLOMAC - Adding more stake on this at 0.81sen. ^^ Hope i pick the right choice.
 
3. FABER - The price rally up today. Congratx to those still holding. ^^ This is history to me, will never chase.
 
4. TENAGA - Started to buy in today at RM6.92. Will buy in more if price dip further. ^^ Q result is coming out, expect to be good this time round and envisaging 20sen dividend to be declared hopefully.
 
5. Watch List - GLOMAC, FABER, TENAGA, IGBREIT, AMEDIA, GAB
 
6. Gark you hold ASTRO ?
 
7. Teng, that couple your relative ?
 
8. I placed to buy back Golden Agri tomorrow. ^^
 
9. Good Luck !!!

26 comments:

alwayswin111 said...

This couple have a lot of insecurity issues. I 'pengsan' and 'muntah darah' if they are my children. Disown them.. shame to society... Pity their parents.

horse said...

Ya, pity their parents but not to the extend of disowning. They can be corrected if consultancy is given.
God bless them. ^^

Teng said...

Horse

Lucky I am no way related to them. If I were,I have to migrate to country far far from Malaysia

alwayswin111 said...

Horse
Yes disowning is too harsh. They need a lot of counselling . Pity the girl though, if things don't work out , she is going to be for prey for those vultures out there.

Teng said...

Bought astro at 2.72. Hit lowest 2.71 today. No need to apply through IPO. I was reading a blog that 'Old' Astro was valued at RM8billion when taken private. New Astro ( without India and Indonesia) value at RM16 billion ( based on RM3/share)

Gark said...

Horse,

No I don't own Astro, previously looking at P/E of 30x and negative NTA is scary enough. :)

Gark said...

Teng,

By removing the money losing but fast growing India and Indonesia unit, Astro manage to boost up the PBT by shuffling assets hence valued more. AK and Khazanah did not add any value to the stock after taking it private and relist. Don;t be surprised that Astro will later 'acquire' the Indo and India unit at substantial valuation when they finally turn profit and growth slows down.

Teng said...

Gark

You are right. I understand there are third party offering Astro full service at RM50/mth( condition you must have internet)

During interview with Star,CEO said advertisement is 6-7% of AStro revenue. I have feeling advertisement is higher than number given

Gark said...

Those party is illegally rebroadcasting Astro feed into internet and replay through top up box similar to those used to play downloaded movies.

I seen it in action, not bad but you can't get full HD. Some offer as low as RM 30/month. :)

Gark said...

Oh all channels included and all astro on demand and pay per view also included for the one price. Just don't get caught. :P

Teng said...

Horse

IGBReit 1.34/5 now. Good time to pick up for long term?KAsset already distribute to shareholder?

Teng said...

Gark

I would think this 3rd party service is not legal. But I see people advertise online. So daring?

Many many years ago I knew someone selling Astro Card at RM500 and you can watch for free

hng said...

Teng

I think sentiment on IGBREITs share affected by news that as much as 9.23% stake transacted off market at 1.25.

Gark said...

The service is not broadcasted from Malaysia, but from overseas. Since everything is via internet (streaming) and encrypted it is difficult for the authorities to trace. But if it gets big enough, eventually Astro will put a stop to it, but it will be very difficult similar to home pirated movie downloading as you are going after each end user directly.

hng said...

Gark

So cheap, RM 30/mth for all channel?! Very tempted :)

Gark said...

The astro card is easily foiled as Astro just needs to chnage the encryption.

For the illegal feeding to Internet, the person having the feed is just like a household subscriber, so they cannot do anything to the back end.

Gark said...

In Indonesia, you can get RM 30 for all channels and RM 50 for all channels + pay per view. The streaming box is about RM 100...

No bills, payment via e-banking, you are given password and login...:)

Teng said...

Gark

I was told cable TVs in USA is very cheap. USD10-15 for 100 channels

Gark said...

Hng,

You sold all your Amedia already? looks like flat stock now :/

hng said...

Gark

Off course no, I'm keeping Amedia till it announcement of its bonus and free warrant.

Teng said...

Hng

I sold all my Amedia last friday at 34 sens,and bought back 1/3 at 33.5 sens. Yesterday bought some at 33 sens.Total still less than 1/2 from my holding last week

hng said...

Gark

Amedia share sentiment currently affected by the news below:

PETALING JAYA: Asia Media Group Bhd chief executive officer Datuk Ricky Wong Shee Kai has parted with 22.6 million shares in the company after selling them in the open market.

Wong, who is the founder of the company told StarBiz that these dealings were for “individual capital management.”

“Yes. There are some (shareholding) dealings for individual capital management. It’s nothing major and it is on (the) shareholder level. Nothing related to the company,” Wong replied in a text messsage.

After parting with his 9.02% stake in Asia Media on Tuesday, Wong now owns 32.43% in the company, stock exchange filings show.

It is notable that Wong told StarBiz just a few days before hiving his stake in the company that he hadn’t sold a “single share” since the IPO.

“I have no idea what caused the selling down. As of yesterday (last Thursday), the company didn’t receive any notification on any significant/director dealings,” he told StarBiz in a text message at the end of last week.

Asia Media’s shares have plunged of late from its record RM1.14 closing price on Sept 27.

Fund managers had earlier attributed the share price plunge to concerns that the market for outdoor digital electronic display advertising would entail high replacement costs because it may be vulnerable to vandalism.

The company’s unit, Asia Media Sdn Bhd, is a digital out-of-home transit TV company. Asia Media has 3,993 liquid crystal display screens installed on 1,800 buses travelling in the market-centric hubs of the Klang Valley and Johor Baru.

Asia Media share price surged 7.81% or 2.5 sen at yesterday’s close to 34.5 sen

The reason given by CEO on the selldown stake due to 'individual capital management' could be link to

http://kl.kehakiman.gov.my/sites/kl.kehakiman.gov.my/attachments/J_33-521-2011_%28Pang_Kwee_Yin_v_Teh_Sew_Wan%29%5B1%5D.pdf
23/10/2012 06:45

(as the court ruling is to compensate the costs of the Petitioner of which it's not stated in the verdict)

Tay SK said...

Teng, i am still holding igbreit shares after distribution frm Kassets since last Friday. No doubt the price has dropped due to selling pressure. I think this presents a good chance to go in once the selling has eased.

hng said...

Bought ultramaximum Amedia at 32sen, further average down holding cost

Teng said...

Hng

You must hold lot of Amedia now.I am also queuing to buy at 32 sens. Kind of contra gains for me as I sold at 34sens last week

Maria^^ said...

Hng,

Ur so confident on amedia? O.o

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