Are u sure. Many ppl port out to UMobile, I think including myself

EPF buying back the shares.

Div dates to be known today or tomorrow. AGM in progress today.

Do u think they have to money after buying n buying fr Indonesia to China?

Genting faces strong resistance at 9.90 n failed to overcome it.

Latest report fr Kenanga.
"...the poor Celcom’s performance as a result of heightened competition and flattish performance in Digi. Maxis’ service revenue (3.8% YoY in FY15), on the other hand, continued to gain traction as a result of a continued uptrend in its prepaid and stable postpaid revenue."

The mother share Genting Bhd faces strong resistance at around $9.90

By the way Maxis AGM is on 20 Apr. You can ask Lundal whether many customers are porting out of Maxis.

Maxis CEO have already done so by purchasing its share at $6.33

I have already bad experience with Digi. Why port out to Digi? Digi's CEO should be purchasing its shares in the open market to instill some confidence in the company.

The telco sector is facing one of the greatest challenges since its inception. WE do not know how much gomen is charging for spectrum fees. If it is not reasonable, the whole sector will plunge. Are u willing to take this risk?

I have more than 1 line and I have already shifted one from Digi to Umobile. At least, it is faster than Digi. You can see Digi's price is stagnant.

Every telco suffers from churn rate. They lose some n gain some. The question is whether it is net gain or net loss. The price can still hold because the big boys think otherwise.
If you know somebody working there, you are able to know. But we do not have those info.

The battle ground, I believe, is the quality n speed of its mobile broadband. If u buy something cheaper but suffers from slow speed, it is certainly a waste.

By the way, I am using Digi n I am thinking to shift to other telcos. If others can offer better speed, I do not mind paying extra $10-$20 per month.

investors sell due to opportunity cost. When they buy, they buy with pre-conceived expectations. When it is no longer there, why cling on to hope? It is like trading futures. Once the setup is not valid, we just cut loss n move on.

It is true the situation would be rectified. But if RSPO council make an exception of them or just give them a slap on the wrist, RSPO would lose their own credibility. Everybody could burn n rectify later.

While this may be true, there are also many who are porting out of Digi due to slow speed. So who is the main bene? Umobile, I think

From TheEdge today, "IOI's RSPO cert suspension has far reaching impact". .... one of its key customers, Unilever has announced that it is in the process of disengaging from IOI group .....

How many passengers of Air Asia buy travel insurance when booking flights? That is the million dollar question. Tunein was tacked as a growth stock by most analyst prior to its fall from RM3 +. But results that came out said otherwise.

Fr The Edge today, due to contractual obligations, IOI is obliged to buy RSPO compliant CPO fr other players to supply their customers. Or they have to compensate them.

Digi also got lots of problem. I am using Digi line n I found their speed sub-standard. The problem with the telco sector is the gomen's spectrum fees. If they charge a reasonable fees then the sector will fully recover.But no one knows what amount gomen is charging.

Telenor's CEO said the price should be reasonable. Otherwise, who have the means to keep expanding n introducing new technology?

It doesn't matter who is at the helm. The theme remains unchanged with FGV - old trees

it is still on the uptrend n there is nothing to suggest that there is a change in the trend. Most of the selling was easily absorbed.

CPO futures is the better game.

The price of palm oil went up. But yr production also decrease. This will counterbalance the gain in the price. The question is to what extent is the gain offset by the decrease in production.

IOI's waves up does not have the characteristics of impulse waves. Now it is on the corrective wave down. I would buy at 4.25

This round the peak is probably 4.18. To reach 5 ++, it needs a bull run. U will also see lots of correction.

No movement means no money to make even if it smells like gem.

After AGM n 7 Apr

A lot of things we do not know. For example, Ak is old with no successor. He may just call it a day n sell off its entire interest. We just do not know.

Maybe they have insider info.

Just look at the long black candle and the volume. It means more black candles to come.

EPF also must cari makan. If not how to pay those dividends. They can outplay everybody.

A normal correction. Volume not big unlike IOI.

But the very catalyst that drove it sky high is not there anymore. Once the catalyst is no longer there, the force which push it up n up is no longer there. Its fundamentals is not an issue. Speculators will just keep selling bit by bit everyday.

Tmn Manggis land was sold by open tender. So what is the issue?

Probably after their AGM is held. so far there is no date for their AGM yet.

The law has changed somewhat. Shareholders are not able to claim back tax the company pay. Thus the div u received is net.

Once the picture in the telecom sector becomes clearer, the price too becomes more stable. This is the price u have to pay for taking less risk. If u want to buy cheaper, u should have bought when things are no clear n murky in the sector.

Genting has already reached its peak n remains trapped in its down channel. See "Next Trade" for the chart

In my opinion, Tunein has already peaked

I suppose if u did not elect to reinvest yr div, u will be paid by cash.

Oil multinationals have vested interest in maintaining oil in the transport section. The huge investment in infrastructure, oil pipelines, refineries, oil tankers, oil storage etc already in place means no government have the political will to change all these overnight. Changing means incurring huge investments no government can afford. Cars will continue to run on petrol for many long years to come.

My observation was on TM some time ago which I own some shares. The buy side showed orders for over 1 million shares while the sell side about 300,000 shares but the price hardly moved. Unlike what is happening to Maybank.

So far there are no signs of foreign buying. For Genting, yes.

What the Minister said n reported in the Sun last few days was: spectrum reallocation was to improve services in rural areas. Allocation means those spectrum allocated will not be subjected to auction. Gomen will determine the new fees telcos have to pay. This is far better than auctioning.

Then where does 'auction of spectrum' fit in? MCMC now has a block of 900HzM not allocated to any telco. This block can be auctioned off.

During the meeting with the industry captains, the industry captains suggest: 1) make 700 HzM band available to auctioning since no one is using it now. 2) refarm those spectrum given to those companies which did not built any infrastructure n merely renting it to other telcos.

The picture is clearer now. Due to spectrum reallocation, telcos are expected to spend 1-2 billion over 10 years meaning about 100,000 per year to add equipment to maintain the same quality

They have already got factories in other SEA countries with cost of production lower than ours. So, they just import n sell. Why no revenue? I pity those workers who are retrenched. But don't blame it on BAT. Nobody will 'tolong' retrenched workers.

There are indications from the comments of Guiness CEO. All will cabut.

it means they are trying to maintain the price at this level.

If u have observed. Buyers n sellers blocked both entrance n exit. If u want to buy, u have to pay the seller's price otherwise u will be jammed in the long queue. Same if u want to sell, u have to pay the buyer's price. I believe both are gomen funds. If they want to induce some panic selling, the buyers on the buy sell would suddenly disappear.

The telecommunications sector is not moving due to gomen's new policy on spectrum. by doing this, all companies are affected in that they can no longer afford to pay big dividend. ASM, EPF, Tabung Haji are all going to give less dividends now. Not only this, the market value of their investments have also gone down. The sword cuts both ways.

They changed the policy when all the network are already in place. Redistributing spectrum means that when the plug is removed, all our lines will experience drop calls etc. Celcom has given the hint that they will have to spend RM1 -2 billion over 10 years. Not one year. It means the quality of our calls will drop no matter what line u are using.