Correction

TM NOT involved in the merger because it owns the last mile. Telenor will own over 50% of the merged co.

TM involved in the merger because it owns the last mile. Telenor will own over 50% of the merged co.

According to the Edge, there will be an IPO of the merged entity. Prior to IPO, the two companies were be delisted.

Posted by yippy > May 6, 2019 1:48 PM | Report Abuse

Telia sold Nepal company，not Telenor。Telia is not Telenor. Do your home work first.

Yes, U are right. Sorri for the confusion.
I standby my statement that Digi has little or no social corporate responsibility.
It happened years back when they started upgrading their entire network.
I called the person in charge to complain that I am not able to receive calls n sms for almost ONE month. But the moment, I go to the shoplots not far from my house, everything was fine.
Their person in charge started to ask me abt the model n year of my mobile. I cut him short n told him I have bought a new SIm card from U Mobile n it is working fine. Finally he admitted that the upgrading in my area is not complete.
BUT their bill kept coming. I am expected to pay their full bill notwithstanding that the problem is theirs.

So much for a European company which boast of social corporate responsibility. All shit.

Telenor pulling out of SEA markets, I think. They sold their Nepal telcom company to Axiata but refused to pay the tax leaving Axiata to eat the dead fish.

Digi opting out of M'sia ??

The golden days of telcos are already long gone. With huge debt, litte or no growth, stiff competition ... which investor will want it ? If the funds push them, they will be left holding the baby with no follow thru support.

Pattern probably ends at abt 3.52

https://www.tradingview.com/x/7tFW14jq

Trump will pull the world into a recession by his ending of waiver of oil sanctions. Opec n Russia has learned their lessons. They will not increase output to lower the price of oil.

lowest 3.78

It may well be a pump n dump. I bought at $4.74 n have already taken profit. U will only be subject to stress if u hold long term.

"Oil price going back on down trend, even after the opec decreases production even after Trump pressuring on Venezuela n iran..... we can almost sure oil price will not exceedingly usd80 in recent yrs already!"

I agree. According to China's state-backed Science and Technology Daily, Chinese scientists plan to build and launch small power stations into the stratosphere between 2021 and 2025, upgrading to a megawatt-level station in 2030 and a gigawatt-level facility high above the earth before 2050.

Probably oil price will remain low in the future. Like Zaki Yamani said "the stone age ended not for the want of stones n the oil age will end long before the world runs out of oil".

I don't believe these analyst. They act as though they have insider info.

First, the glove sector uses the most gas n they are paying for the gas way above international price of gas. Gas price is going to come down locally. It means their cost would also go down in the coming months.

Second, the exchange rate advantage that is happening.

The KLCI has probably peaked. No markets go up n up forever without a meaningful correction.
PH came into the picture amidst this correction.

If the previous administration is that good, where are our Tencent ? Alibaba ? Jibby's greatest achievement is raising spectrum fees which saw the value of the entire telco sector dropped. Telcos now will have resort to huge borrowings to finance 5G.

In the past, the gomen funds manage to stabilize the market by shoring up the telcos. Now this advantage is long gone n this explain why the market is so volatile.

Read theEdge Weekly abt Yinson n perpetual securities. If perpetual securities are classified as debt n not equity, Yinson's gearing is 223%.
The same "perpetual securities" brought down Hyflux.

Gas price is poised to go down. The price of gas factories are paying now is way above the international price.
When price of gas goes down, the first beneficiary is the glove sector.

Cham loh....Genting HK made huge losses

Genting HK is privately held by the Lim family. It is not under Genting or GenM.

BN is of course skillful. Funds were transferred to tax havens n then back to M'sia in the name of investment. So, it became foreign funds.
Instead of just investing directly to shore up the economy, it choose the tax haven way. We now know what happened.

U can run mighty budget deficits to create a bull run but, do we have the means? In the end, the huge debt will bring misery to us. Keynes proposed to run deficits during recessions n surplus during boom. But we kept running deficits during boom times.

Our shares are not cheap compared to other SEA markets. Our economy depended on crude oil for the past decades. Now, the heyday of oil is probably over. It is in the news that PRC will launch its solar station between 2021 to 2025. Solar energy beamed back to Earth will lit millions of rural homes without burning fossil fuels. Demand for crude oil will probably fall.
Palm oil used to be our golden crop until EU decided to ban our palm oil. Corporate results for most our listed companies contracted during the recent quarter.
What is the catalyst that will drive our market up n up ??

From the chart, the low of .50 cts to high 1.74 squares with a Fibo time window. In my opinion, Dayang has peaked no matter what ppl think abt it.

"Nothing destroyed the wealth of the nation as fast as a Kleptocratic government and I am Nothing destroyed the wealth of the nation as fast as a Kleptocratic government and I am glad that we manage to get rid of one in GE14. ."

People does not know what it is like when a nation goes bankrupt. My friend, a businessman, went to Greece n told me what he saw.
Almost 10 years have passed since sub-prime crisis.
Buildings that were burnt down have not been rebuilt. A big shopping complex with a beautiful glass facade is empty. Trees have grown inside the complex. GST is 40%. When the waiter puts food on yr table, U have to place the receipt beside yr meal n 15 minutes later tax inspectors would inspect every receipt to ensure GST is paid. The only sector that keeps the country going is tourism. Most of the males have left home to neighbouring countries like Germany to work. The women are left behind.

That businessman told me that he was "glad that we manage to get rid of one in GE14."

'Asian Tiger" theme was when China was still sleeping. That era is already long gone.

Buying sin stock is not sin. Stealing another person's wife is sin.

The line between investing n speculating is hard to draw. Does investing means u are not allowed to sell when u received fresh update that is detrimental to the stock u hold ? In the history of M'sia, no individual has been taxed on trading profits.

"The US finally threw in the towel in Vietnam in April 1975, withdrawing its last personnel from Saigon, and later from Phnom Penh; this left Thailand high and dry and facing three hostile communist neighbours, a communist insurgency of its own simmering in the countryside, and communist China looming large to the north."

(from : Anand Panyarachun & The Making of Modern Thailand)

M'sia needs to be neutral in global power play. Remember how US abandoned Thailand after the fall of Saigon in 1975.

"we need japan industrial and manufacturing technology"

But no country gives away its core technologies to others. If u are selling popiah n u teach yr techniques of creating good popiah, before long u will close shop.

The West has its bag of tricks. When their companies cannot compete with others, they use a variety of tricks e.g. palm oil is harmful to health n environment, our gloves have pin holes, Huawei gear has spy gear, ......

All oils are harmful if cooking goes above a certain temperature no matter it is canola oil, corn oil .... but palm oil can withstand higher temperature.

All telecommunication gear could potentially have spy ware issue including those made in USA n western countries .. if not how did the NSA do spying as revealed by Snowden?

Just watch India's Nifty n compare with KLSE. KLSE is dead.

The EdgeDaily : KUALA LUMPUR (Jan 24): The High Court here has granted Genting Malaysia Bhd (GENM) leave to commence judicial review proceedings against the ministry of finance's (MoF) decision to amend the 2014 tax incentive approval in December 2017.

Genting S'pore n GenM almost same price. But Genting S'pore has no impairment issue. Maybe, we should consider.

Carrie Lam says she is not optimistic any trade deal between the US and China will last.

The article in The Edge Weekly does not provide any clear answer but seems to be in favour of Genting Singapore. Everything is questionmark.

She pretends to be a superpower n many ppl believe this.

broken English is OK in M'sia. Some years ago, while I was waiting for the lift to get into the car park, I happened to fall into a conversation with a uni student who carried thick books with her. I asked her whether she could understand the contents since the book is in English. This medi student admitted to me that she could only understand 60% of the contents.

Posted by lionkingss > Jan 1, 2019 05:02 PM | Report Abuse

Just sharing....the technical chart tell a different story. Mr OTB could be spot on...that is if the harmonic pattern is valid. As the price is now at the price reversal zone......https://invst.ly/9nrrj

Hi lionkingss, looking at point B, is it a hint that the end of the pattern goes beyond 2019 if symmetry is taken into account ?

wave 4 marked on the chart dropped below wave 1 which invalidates a 5 wave move.

Oil price dropped, CPO price dropped n will be banned by EU, corporate profits mostly dropped ...

When QE will implemented, US pressed down its long term rates n stocks, commodities in emerging markets went up..even Jibby boasted abt RM's strength.
The unwinding of QE means the opposite will happen. USD likely to continue its march upwards..US interest rates to rise..

What more do we expect ??

Posted by apple168 > Dec 24, 2018 11:40 AM | Report Abuse

Expected GenM EPS 10 cents in 2019.
GenM 1.5 per share is PE 15.
GenM 2.0 per share is PE 20.
GenM 3.0 per share is PE 30.

For comparison purpose, Las Vegas Sand, top 1 casino in the world, is selling at 48.50 per share with EPS 5 cents in 2019. LVS 48.50 per share is PE 9.

What is so premium with GenM?

Buy at your own risk.

At least, give us some details abt how u arrive at these figures. Yours are entirely different from some investment bank figures.

Directors buying back.

Posted by Nicholasming91 > Dec 19, 2018 12:20 AM | Report Abuse

VIX votality index is going up... 24.60 now

Hi, Nicholas, where can we see VIX for KLCI ?

oil price drop.
CPO price drop n facing EU ban.
Listed companies reported dropping profit.
Trade wars.

The uptrend started in 2009. MIDF thinks it will go up forever.

Posted by Alan Wong > Dec 14, 2018 07:40 PM | Report Abuse

https://www.bloomberg.com/news/videos/2018-12-14/cruise-business-in-as...

Thanks for the link. Genting is long term investment n is growing with plans in Macao n Japan.

If UK is that righteous, she should let the original inhabitants return to Chagos Islands ( aka Diego Garcia). UK grabbed the islands from Maldives during colonial rule n gave it to US to build its naval base.

The original inhabitants were forced into boats to resettled in Maldives with only shirts they wear with no compensation. Their houses were burnt n livestock all killed. U can google and read abt this. The handful of brave British journalist exposed UK hypocrisy.

In September 2018, the International Court of Justice in The Hague, plans to hear arguments in a case regarding whether Britain violated Mauritian sovereignty when it took possession of the islands for its own purposes.

Posted by ray1980 > Dec 7, 2018 09:10 AM | Report Abuse

I think very possible TNB could be start this plan for Malaysia market as soon as mid/late 2020.New PH government have good attitude to giving Malaysian welfare!No bad...

Bring it on , TNB.

Posted by Walau > Dec 6, 2018 11:09 PM | Report Abuse

Huawei’s phone got sensor to spy people.Seriously?u believe in this? If China got this kind of technology, why they don’t want to use it to invent their own chipset for pc and handphone?
Do u know how hard it is to make this kind of “sensor”? Is like building a PC inside a phone! Besides, it needs to have super cooling system so that it won’t overheat while transmitting data.

This is called "cutting edge upon cutting edge" technology. If China can do this, she is already a technological leader. There is no need to play catch up n doesn't have to wait until 2030.I am doubtful China can do this.
It is the US that is trying to sow fear in face of losing global influence. On the other hand, does US made chips contain spyware ? The US was caught spying on Merkel of Germany n Obama said it is "legitimate spying."

Posted by QQmoon > Dec 7, 2018 01:24 PM | Report Abuse

A simple request to export all its waste back to Australia can cause so much problem to the management, surely they are hiding something so hideous that it is impossible to comply with this simple request.

That is right.

At least, Jon is full of animal spirits n write quality comments. Unlike one preacher who quote Bible verses n talk like an evangelist. When I reply to this preacher that his pet diversification theory may not work, taking 1997 as a real life example, he suddenly got mad n angry n posted comments like "If u are so clever balah blah...".

Good luck to you, Jon.