So what now sephiroth ????

what is the name of the site ???

where is the source of rumour mondrian ???

So why directors selling now ? good question wm1818 !!!

yes ask at AGM....!!!

anything significant in the 1st 24 pages ????

salcon sent thick circular to all shareholders !! Have u receive it ???

Thanks asamlaksa !!!

sedikit sedikit lama lama jadi bukit... !!!

what is the significant of 14/11/2013 MATERIAL LITIGATION ???

Thanks for your advice YiStock !!!!

Hap Seng- Wa can buy or not aah ???

What Happen In Instacom?? - Bursa D
Author: Tan KW | Publish date: Thu, 14 Nov 09:30

Thursday, 14 November 2013


The two most important persons in Instacom, Mr Ngu & Ms Anne Kung are disposing Instacom shares and warrants for the last 2 months!

It started with Ngu who first disposed the warrants just 2 days after acquiring them at 14.52% in September 2013. In early Oct, Ngu has got zero warrants.

Warrant may not be important as it does not represent shares in the company, is not entitled for dividend and need extra cash to convert it into company share. Perhaps the director want some cash urgent.

Furthermore, with the conversion price of 33sen, the warrants are currently trading at a positive premium. So he may think that the warrants do not worth the current price.

However, besides the warrants, Ngu also disposed his ordinary shares as well since early Oct, paring down his stake in Instacom from 14.52% acquired during the reverse take-over exactly one year ago, to 8.4% yesterday.


Anne Kung & Ngu

Now Anne Kung joins in since one week ago in early Nov 2013. The CEO has reduced her warrants substantially from 14.52% to 1.8% in just one week time.

It seems like both of them have not finished yet.

The executive directors know the company inside out. If they know that the company will post an impressive quarterly result this month, or able to sustain its earning in the near future, it is quite impossible for them to throw their shares and warrants substantially at this time.

Initially I think that Instacom is worth at least 40sen if it can maintain its earning in the first 2 quarters of FY2013. However, I am in doubt now.

Thus, I won't touch this stock until the release of FY13Q3 results, and will probably downgrade it from my stock watch list to stock alert list later.

Are they using the money to buy other company like Dato Thong of Inari? I don't know.

But if Anne Kung starts to dispose her ordinary shares, then ...

http://bursadummy.blogspot.com/2013/11/what-happen-in-instacom.html

Any English version ??

Buy when there is fear...haha

Congrate Datokim !!!

Are u collecting Fortunebull ?

Can u be more precise Fortunebull !!!

Any confirmation ???

Salute to YiStock ! Can u pls share yr chart steviebull ? tq

market short term sell off...after that rally !!!

What is the meaning "买什么跌什么。。。卖什么起什么。" ????? 反向+成长+时间????? tq

Have to check with ppl working in Instancom...anybody ???

Thanks...

What is the translation > 太扯了。。越扯越远 ??

Yes.... who is the mystery buyer of the shares disposed by Directors ???

You mean it will go up even though Director disposing off shares !!!

What is the significant of this
Company Announcements
11/11/2013 Additional Listing Announcement ??

Director still disposing shares !! Why ???

Thanks for verification > haikeyila !

Is this the latest result ?
PE for Financial Year: TTM
Stock Price : 2.53 (2013-11-08)
EPS : 25.44
P/E Ratio: 9.95

Thanks for the new piece of info sephiroth !!

Thanks TESSA !!

Fair Value 51 cents by RHB Research !!

What is imao ?

Hi KahYong Tan any write up in English regard this article > "http://biz.sinchew.com.my/node/84183?tid=18 good news~~" Tq

Hope u are spot on come Dec sephiroth !!!

What is your analysis of PM Corp (4081) > kcchongnz ?

PROPOSED CHANGE OF AUDITORS


The Board of Directors of Instacom Group Berhad (“Instacom” or “the Company”) wishes to announce that Messrs. Chong & Co had, on 15 August 2013, given notice in writing to the Directors of their intention to resign as Auditors of the Company. Pursuant to Section 172(15) of the Companies Act, 1965, their resignation will be effective only after another firm of Auditors has been appointed. Messrs. Chong & Co is resigning as Auditors of the Company as they have not renewed their registration with the Audit Oversight Board (“AOB”) and hence is no longer eligible to act as Auditors of the Company. The Board of Directors also wishes to inform that the Company is not aware of any other matters that need to be brought to the attention of the shareholders.
On 8 October 2013, the Company had received a notice of nomination from a shareholder of the Company, Mr Ngu Sing Hieng for the appointment of Messrs STYL Associates, as the Auditors of the Company for the financial year ending 31 December 2013 in place of Messrs Chong & Co and to hold office until the conclusion of the next Annual General Meeting of the Company at a remuneration to be determined by the Board of Directors of the Company (“Proposed Change of Auditors”).

The Proposed Change of Auditors is subject to and conditional upon approval being obtained from the shareholders of Instacom at an Extraordinary General Meeting (“EGM”) to be convened.
A Circular containing the details and information of the Proposed Change of Auditors together with the Notice of EGM will be despatched to the shareholders of the Company in due course.
This announcement is dated 8 October 2013.

What price to go in ???

can buy now at 40 cents ?

rimrim previous TP was 0.46(8/8/2013).

Source RHB : We initiate coverage on Instacom with a BUY recommendation and FV of MYR0.51. The company is a major beneficiary of the rollout of LTE networks and USP projects in East Malaysia, backed by a decent orderbook of MYR300m. Earnings growth is likely to see a new leg up with the company venturing into the telco infra lease business. We like Instacom for its good earnings prospects and undemanding valuations.

Director disposed 3,500,000 @) 0.285 on 23/09/13. Total no of securities after change = 74,225,500 (10.57%) !!!

DJIA 33.62 green..11.43 pm

The director still have 77,725,500 shares = 11.07% !!!

S1=0.08 S2=0.075 R1=0.095 R2=0.10. Stop loss below 0.08.fr a research house.Happy investing !!

where did you get the information > 0007 ?

What is the 'good news is coming related to spsetia'...as said by topseeker > messi ! Please share the news !!!

Buy vol. = 6,274,900 & Sell vol. = 13,533,200 @ 4.10pm 25/09/13 !