Waste my time to quarrel with you like a mad dog! Haha...

MC88, I got money or not is none of your business. Are you jealous???
I got buying power cannot meh?

For those who lose your faith in this counter, please sell all your shares to BP & me as well by tomorrow onwards! Just follow KKK & MC88 statement bcos they are your holy saviour like Jesus Christ! :D

I think KKK is another Harvard 57, maybe is the same person!

skrc, very good comment! I never see you post so long comment in this forum b4 except today. :)

Who is clever or stupid, time will tell you. No need blah blah too much!

77cq, are you lost a lot of money in stock market? y u so negative mindset?

Ok lah, you all sell and I buy all!

Now Iris lau sai lagi teruk!

If Nexgram is bad company, how come it can give bonus shares & dividend!

Luckily I bought again at 12.5 cents just now.

See, already rebound! For those who bought at 12 cents just now can make profit liao!

No need so worry if you are not contra player!

The big player Frighten all small fish to throw their shares to them!

Don't panic, be steady!

Don't panic, be steady!

Be careful everyone, luster may drop by today after announcement of normal news.

MrOmg, I haven't taken profit as less than my TP. The NHB share price may dropped more than 0.5 cent if I took profit by yesterday. Don't worry, I will let you all know if I sell my NHB shares. :)

TuaHuat, today NHB share price was dropped due to profit taking after announcement of bonus issue. Anyhow, I think NHB price will be firmly supported by bonus issue news and will consolidate at 14 - 15.5 cents a few days prior to moving up further.

That's right! :)

No movement bcos big players already foresee upcoming 4th qtr result will be negative figure again. They want to accumulate at lower price < 12.5 cents again.

I am confidence in LNGRES will be breaching 30 cents by next week due to good financial result & dividend!

If LNGRES can give yearly dividend at least 2 cents provided good financial results, convert to DY is about 7.4% based on current share price, 27 cents which is much better than FD & even EPF!

TuaHuat, I think your ultimate TP, RM 1 cannot be achieved within 3 months bcos the NG share price will be adjusted again after listing of bonus shares. Anyhow, wish you good luck. :)

The NG's 4th qtr result will be announcing at the end of June.

TuaHuat, it's good news for us!

The NG's dividend declaration proposal come after announcement of bonus issue is the icing on the cake (锦上添花)!

I forecast NG will be declaring 0.5 cent per share dividend at the end of June 2014.

20 cents by next week should be no prob!

Hosei liao!

Announcement of Bonus Issue 1:3 liao!

Choo,

Max. is RM 1 lor. Haha...:)

Mr.Oh My God, my TP is min. 20 cents.

Surewin, no need bra, use my hands is gao luck liao. :))

Choo,

As you know, tie-up agreement btw NG & PT Inovisi Infracom Tbk for coal mining had been done since last year. Next venture maybe oil & gas bcos PT Inovisi is Indonesian giant conglomerate which is involved in an array of businesses includes telecommunication, real estate investments, toll road concessions, coal-mining, energy and oil and gas.

Haha, Surewin, don't tell anyone so obvious. :)

I try to support & push up NG share price so that can achieve my TP as soon as possible. :)

Apart from possible acquisition of data centre company, NG maybe will diversify its business to Oil & Gas sector via JV btw its subsidized company, Nextgram Resources S/B and PT Inovisi Infracom Tbk in Indonesia. Just wait & see...

Don't worry, you will be rewarded if you patient enough.

TuaHuat, better you don't chase after the KNM at this moment bcos it's quite risky and its 2013 financial results will be sharply lower & poorer than previous year.

For Titijaya, you can consider to buy it if its 2nd qtr net profit is same as 1st qtr or even better than it.

Currently I am accumulating another ACE counter, LNGRES at 26 - 27 cents. I forecast it will declare at least 1.7 cents dividend at the end of this month due to good financial result. So my TP for this counter is at least 31 cents.

Anyhow, trade at your own risk.

skrc, you must treat me & TuaHuat a big meal after u sell it. :)

Choo, I don't have a account in investlah forum. :)

Choo, P&C but i only can tell u a few million shares only. :)

Yes Awangngah, it's on the way. I think your current paper gain also quite good bcos you subscribed rights shares with free WC. :)

It's good that NN didn't deny the statements wrote by StarBizWeek. So NN share price will be pushing up further. :)

Hi Choo, absolutely yes if NN really propose bonus issue.

BTW, pertaining to the calculation of bonus shares price and existing mother shares held by you after ex-date is:

If the co. gives X:Y bonus
where X is the no of Bonus shares
Y is the shares held by you.

Ex-bonus price is A x Y/(Y+X), A = last closing price before ex-date

Assume NN propose 2:5 Bonus issue and last closing price before ex-date is 20 cents. So ex-bonus price is 20 cents x (5/7) = 14.28 cents, then round up is 14 cents.

No patient no good gain. :)

TuaHuat, luckily we bought NN at below 9 sen. Now we can enjoy a very good return if NN continuous uptrend b4 announcement of good news.

TuaHuat, definitely yes bcos of free. But if NN share price hit my TP, i will take it up partially only. Anyhow, i will buy back again after bonus issue due to good company prospect.

Published: Saturday February 15, 2014 MYT 12:00:00 AM
Updated: Saturday February 15, 2014 MYT 10:07:10 AM

Nextnation mulls going into data business

Nextnation Communication Bhd is looking into the possibility of venturing into the data centre business in Malaysia via the acquisition of one of South-East Asia’s largest data centre players.

The company, a smallish mobile applications and platform provider, currently leases data centre facilities from external parties to host its critical servers and computer systems which it uses to carry out its operations.

However, sources say the company is now in talks to potentially buy over the Malaysian operations of a group which is involved in the development and maintenance of more than 200 data centres both here and overseas.

The group is said to be listed on the London Stock Exchange’s AIM.

Nextnation will also soon build its own 30,000 sq ft date centre in Cyberjaya. In 2012, it purchased 5.9 acres freehold enterprise land for RM18.5mil cash.

By having its own data centres and facilities, Nextnation will be able to save on the cost of leasing external facilities as well as generate an income by itself renting out additional space to other companies in need of such services, says one source familiar with the company’s plans.

Eventually, the company’s business volume should also increase in line with the potential upgrade of facility capacity.

“There are a couple of parties vying for this group’s business and Nextnation is one of them. Talks are ongoing,” the source says.

Nextnation, however, declined comment.

According to an industry report by UK-based consulting firm BroadGroup, the South-East Asian markets of Singapore, Malaysia, Thailand and Indonesia will see sustained investment in data centres with a forecast 40% increase in capacity by 2015.

“The key story is one of continued growth across all markets driven by factors ranging from mobile data to enterprise IT outsourcing, the emergence of cloud and market entry by large-scale data centre players,” the report reveals.

Nextnation in 2012 said the Cyberjaya land it bought was to cater to the development of office space and facilities such as a data centre, research and development labs and an incubation campus for in-house usage and will be partly sold and/or tenanted out to third parties.

The gross development value of the project is expected to be between RM400mil and RM500mil.

Meanwhile, interest in this counter has been building up if its share price uptrend and increase in trading volume this week are anything to go by.

The stock is up 22% this week against the broader market which ended higher by 0.16%.



Proposed bonus issue

Apart from talks on venturing into the data centre business, sources say a return of interest in the company could also be stemming from a proposed bonus issue which could be announced as early as next week.

The bonus issue will likely be on the basis of two bonus shares for every five existing shares held by shareholders.

“This is basically to reward shareholders who had earlier subscribed to its rights issue (completed last month) which raised some RM40mil, ” the source says.

Yes Awangngah, if NN average up 0.5 sen per day from now on, 20 cents can be reached on 11 March 2014 provided TPY acquire NN share continuously!

Yes, TP 20 cents before announcement of 3rd qtr result on March.

Yes TuaHuat, will be outperforming Iris soon. :)