Finally sleeping beauty wake up after the kiss...

Break through...

Thanks Happy88. Something is going on...

This Guinness been sleeping too long, is time to wake up

sleeping counter

KLSE fly high but this AAX like dead water? really...

Going up

found oil?

Sime Darby Bhd is currently the company’s single largest shareholder, holding 32% equity interest in E&O. Sime Darby first bought a 30% stake in E&O in September 2011.

Meanwhile, HwangDBS Research said in its report that E&O is expected to embark on aggressive landbanking in Kuala Lumpur, Johor and overseas on top of the STP 2 reclamation project.

“These could raise net gearing to as high as 100% from 35% currently, but can be managed via JVs (joint ventures) and potential equity fund-raising,” HwangDBS Research highlighted.

Both RHB Research and HwangDBS Research maintained their “buy” call on the counter with RHB Research targeting a fair value of RM3 a share and HwangDBS RM2.90.



-The Edge, 13 Aug

Of course dont put all eggs in basket. Invest in this counter with money that you can afford to lose. After all, i dont see high possibility people will lose all their money in this counter a year from now.
The buying interest is always there for SPAC counter for those who speculates, for the momentum of share trading, for those who believe, and after all, before any real acquisition happens, all investors in SPAC is buying a "hope". This is the strongest reason for this share to keep moving.

Sona is a SPAC company which is a shell company with no operations but have 3 yrs from listing date to acquire assets.
To date Sona has $550mil proceeds from IPO. As compare to two ealier listed SPACs - Hibiscus and Cliq which raised proceeds $235mil and $364mil respectively.
Today Hibiscus share is trading at $1.4x, from a initial start of $0.50. It would be normal expectation for Sona to reach a higher scale or even at least similar to Hibiscus a year from now as both explore in same O&G sector and SPAC company.
It maybe highly speculative for those who buy Sona now. But with Sona has cash in hand $550mil and acquisition time frame of 3 yrs. The risk taken could be highly rewarding for investors. I would think to buy and keep it for at least 1 year.

brewing

support by strong buying interest.

DY is low.
Lack of sustainable earning growth.
Shortage of O&G talent....

Early bird got the worm.

Hibiscs fly high.

seems start flying again.

cancel flight could be one of the low cost strategy...in order to increase load factor.

Target price :
RHB $1.65 Buy
CIMB $1.47 Buy
Barclays $1.02 Hold
HSBC $1.00 Sell

source: nanyang

ops, is from another share not this....:)

85% load factor does not mean can make money, MAS is not running low cost model. Anyway Singapore airline latest load factor is only 82%. Is all about cost management...

http://centreforaviation.com/news/singapore-airlines-pax-numbers-up-3-in-jun-2013-load-factor-down-2-ppts-to-82-246603

There is no more Lotus Malaysia team. Changed already to Caterham F1. F1 is a money burning sports. AA could never make money in F1 or even breakeven, the purpose is mainly to create brand awareness as F1 is the sports most people watch around the world. Tony owns F1 team, football club QPR all these are not mean to make money as first priority.

Well, compare to Europe country like Germany, i think local airline never has labor strike that causing massive flight delay like the one happened in March this year.

Indonesian plane crashes into cow and skids off runway
7 August 2013 Last updated at 15:20 GMT

An Indonesian passenger plane has skidded off a runway into a field after crashing into a cow.

The Lion Air plane, with at least 110 passengers on board, hit the cow as it came into land at Jalaluddin airport on the island of Sulawesi.

No-one has been reported injured, but the cow was crushed to death under a plane wheel.

The pilot, Iwan Permadi, told the national news agency Antara that he could smell "burning meat".

He said he initially thought there were dogs in front of the plane, "but it turned out there were three cows wandering in the middle of the runway".

Transport ministry spokesman Bambang Ervan told AFP news agency that all the passengers had safely disembarked.

The airport was closed after the incident, affecting people's travel plans for the Eid holiday. It has now reopened.

Indonesia relies heavily on air travel to connect its more than 17,000 islands, but the country has one of Asia's worst air safety records.

Lion Air is one of Indonesia's biggest private carriers, and has been expanding rapidly in recent years.

In April this year, at least 22 people needed hospital treatment when a Lion Air plane on a domestic flight missed the runway at Bali's Denpasar airport and came down in the sea.

__________________________________________________________________________

The pilot shall run eye test again...a dog and a cow is a lot different in size.... LOL

Is interesting to see what's going to happen next monday.

MBB stabilizing manager failed to stabilise the price at $1.25

aiya...miss it

We should think that MediaC is not just selling newspaper. They are in media business and the format can be traditional newsprint or, digital, put it this way. As long as the media business is growing, asia country is reading chinese news, this business still in good demand.

be patient. Is already holiday season, most fund mgr already away.

i think investors are expecting price will drop further after the expiry of 30 days stabilizing by MBB by this week and further there is lack of buying interest at this festival eve long holiday break.

anyone attend pls share latest news...

is now moving back to $1.60 level, buy on weakness!

Yes today 10am at PJ Sin Chew.

We see how this perform in Raya eve...

Understand is there any negative news first....

one thing i noticed, the traders already start sapu on eve, no chance for small cap...so best is day before eve.

Good

CIMB and RHB gave TP, MBB stabilise the price...good teamwork.

wao, what happen to this counter?

all HL HLBANK, HLFG, HLIND counter top 3 loser today, why? any bad news?

est. PE till 03/14:
Media Prima 13
Star 10
Catcha 15
Media Chinese 10

Market Cap:
Media Prima $2.9b
Star $1.9b
Catcha $0.08b
Media Chinese $1.87b

5 year div growth:
Media Prima 14%
Star 1.12%
Catcha na
Media Chinese 72% (wow)

Source: Bloomberg

Yup we will see their finance report very soon this month

Lets see then.

Giving free paper in universities and colleges is pretty normal. Just part of social responsibilities they are fulfilling. We don't expect a company who just know to make profit but not knowing giving back to society, don't we?
The circulation numbers will check later. But if reduce a bit in paper circulation but growing in web user still good.

Besides, no one will do losing business. If really The Star is giving out free one day, i am sure the earning from Advert cover that cost. Just like The Sun paper.

I not heard of paper circulation is reducing, not aware The Star is now free either.
Do you hv any facts?

Common sense shall not charge reader, will earn much more from the advertisement as long as the paper has big readership and can reach all levels in society.
A good example is the soaring earning of FB. FB is free to join but they earn big in mobile advert.
Same thing will happen.
Strong readership is a goose lay golden egg. :)

I think most of their papers already has website in digital format. They already in IT just did not enforce payment. After all this depends on popularity of digital devices like pad that among readers.
For instance Singapore zaobao was in free in website for many years until recently they start charging fees

True? is this same as Indirectly share buy back by AAX?

Yes received dividen. Happy with it. This share is in fact going up now.

According to Nielsen Media research, total newspaper advertising expenditure in peninsular malaysia from april 2011-march 2012 grew by 9% to RM3.89 billion. In HK, grew by 16%, magazines 13%

media advert is another big market. Pls check what is the annual spending on this segment? Besides, newspaper still play an important role and cannot be replaced by digital. Warren Buffett knew this.

Warren Buffett's newspaper company BH Media said Thursday it plans to acquire the Press of Atlantic City, N.J.

http://www.omaha.com/article/20130718/MONEY/130719281