tag:blogger.com,1999:blog-29462482.post7748036952116650924..comments2023-10-17T15:46:53.662+08:00Comments on nexttrade: Axiata- uptrend to continueAlex Luhttp://www.blogger.com/profile/08920196030603399063noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-29462482.post-79240861511505454152012-07-16T13:35:18.823+08:002012-07-16T13:35:18.823+08:00Hi hng
Media Chinese has a breakout at RM1.20. A...Hi hng <br /><br />Media Chinese has a breakout at RM1.20. As for the special dividend or capital repayment, I cannot comment on it as nothing has been announced.<br /><br />Mediac broke above the horizontal Resistance of RM0.80 in March 2011 and gained RM0.40 to hit a high of RM1.20. Would it gain RM0.40 this time and hit a high of RM1.60? Time will tell...Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-77206014250710504852012-07-16T13:30:37.560+08:002012-07-16T13:30:37.560+08:00Hi Dom
ECM does look attractive. The proceed from...Hi Dom<br /><br />ECM does look attractive. The proceed from the sale of ECM Libra's IB and stockbroking businesses is:<br />1) RM660 mil cash (or, RM0.80 p.s.)<br />2) RM120 mil of Kenanga shares (worth RM0.087 p.s. after 40% discount); and<br />3) RM96 mil of Kenanga ICULs (worth RM0.069 p.s. after 40% discount).<br /><br />In total, the sale is worth about RM0.956 p.s. On top of this, ECM still has asset management and unit trust operations, which is worth something too. After deducting the distribution of RM0.68 sen, the net market price for ECM of RM0.16 (arrived at by deducting RM0.68 from current price of RM0.84) gives you cash of RM0.12 p.s.), Kenaga shares & ICULs (worth RM0.156 p.s.) and assets management business.<br /><br />I think you can hold onto your ECM.Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-44379008098824020322012-07-16T10:49:28.040+08:002012-07-16T10:49:28.040+08:00Hi luckystock2 & Jimmy Yeoh,
I saw Weida when...Hi luckystock2 & Jimmy Yeoh,<br /><br />I saw Weida when it broke above the RM1.00 mark. I did not call a buy because I thought it would not surpass the RM1.20 mark. Well, I guess it proved me wrong. <br /><br />Its next resistance is at RM1.40 (which it is testing now) and then RM1.80.Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-41226891175663251102012-07-13T17:09:10.330+08:002012-07-13T17:09:10.330+08:00Hi Alex ,
Weida looks like having a breakout for m...Hi Alex ,<br />Weida looks like having a breakout for me. What's your opinion?<br />Tx!luckystock2https://www.blogger.com/profile/10122865109070725503noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-50150553998320225212012-07-13T09:20:17.632+08:002012-07-13T09:20:17.632+08:00Hi Alex,
Can you comment on weida?
Thanks.Hi Alex,<br /><br />Can you comment on weida?<br /><br />Thanks.Jimhttps://www.blogger.com/profile/00580892264058644953noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-46393216194199598702012-07-12T22:00:00.431+08:002012-07-12T22:00:00.431+08:00Hi Alex
I bought the ECM shares at RM0.84. It is...Hi Alex<br /><br />I bought the ECM shares at RM0.84. It is advisable to accept the Kenanga takeover offer.<br /><br />Thank you.Domhttps://www.blogger.com/profile/03006509229896377639noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-76596811746735251442012-07-12T21:58:03.575+08:002012-07-12T21:58:03.575+08:00Hi Alex
Need your advice on the Kenanga takeover ...Hi Alex<br /><br />Need your advice on the Kenanga takeover of ECM Libra. I bought the ECM shares at RM0.84. It is advisable to accept the Kenanga offer. TqDomhttps://www.blogger.com/profile/03006509229896377639noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-80673570120617132722012-07-12T13:55:41.638+08:002012-07-12T13:55:41.638+08:00Hi Alex
Can you comment on Media Chinese? Stock h...Hi Alex<br /><br />Can you comment on Media Chinese? Stock have surge in the morning on rumor that it will announce capital repayment tomorrow. I've check its balance sheet, apparently Media Chinese is in net cash position and there are possibility for management to opt for capital repayment/special dividend or even privatize via selective capital repayment.Anonymousnoreply@blogger.com