Junichiro

Junichiro | Joined since 2016-02-16

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2016-02-16 15:47 | Report Abuse

Easy to say. When there is a fire sale, everybody will run away. I bought a lot of shares in Sept 1998 when Dr M hinted that everybody cannot sell their shares. My co-worker went to my workplace and sat quietly in the corner of my big office looking pale n worried. His looks were like a dead man. The reason was that he just bought some 50000 shares in RHB. Only when I told him I was buying, he started to talk again.
Weeks back telcos were hit by those thoughtless politicians. They should have engaged the industry captains n come up with a win-win solution instead of some thoughtless announcements. Did anyone bought telcos when they were hit? If you have, congratulations. Everyone is coming to their senses.
Refarming spectrum means we will experienced a disruption in mobile phone services in the near term. Everyone's mobile line will be affected. And the industry will have to spend Rm1 -2 billion to adjust their network. So they suggested to MCMC to make 1) 700HMz available for auctioning 2) instead of refarming those spectrum already in use, MCMC should refarm those spectrum given out to those who are now renting out the spectrum 3)Telco are willing to pay a higher upfront fees to MCMC.
Everybody will be affected including investors, ASN, EPF, Tabung Haji etc and so a win-win solution is likely to come.

Right now, we are neither here nor there. There is no fire sale. Nor is there an uptrend. What should we do?

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2016-02-16 11:51 | Report Abuse

What do u mean by 'split'?