OCpd..you are correct. Catcha Media do not holds iproperty. But where is it i mentioned Catcha media holding it? i know you hate Catcha media, but tell me where and who post the info Catcha Media holds iproperty. Iproperty is NOT even mentioned in the 7 messages i posted recently. I know you hate Catcha media, haha..

i am so sorry, you are not living in the moon..Earth is very dangerous, Mars could be better...may be someone in planet Mars posted Catcha Media holds Iproperty.....haha...may be you didnt buy Iproperty when it was AUD0.40? haha...may be you hate Iproperty too...haha... or may be you didnt buy ICAR at AUD0.30? haha..may be you hate ICAR too...haha...

so you linked all together, anyone else shared Catcha Media's news, you hate them..haha...thinking you know everything about Catcha Media...haha...everyone else is wrong...hahaha....as for me, i am still learning, like Mr Peter Chen given the link, the news is very fair and balanced, i appreciate so much..

ocpd, i posted 7 messages. 2 related to IBUY, 5 related Catcha Media. I am sorry, you may have read my posting on the Moon. Beware, Earth is dangerous, you may go back to the Moon...

thanks peter chen. a balanced report

Barakah still suspended, can try Puncak or Puncak niaga...GOM Resources is sub of Puncak

http://www.petronas.com.my/media-relations/media-releases/Pages/article/PETRONAS-Awards-the-Pan-Malaysia-Integrated-Offshore-Installation-Contract-For-Year-2014---2016.aspx

GOM Resources Sdn Bhd, sub of Puncak, part of the only 3 companies received the Petronas T&I projects worth RM10 bil

PBJV Group Sdn Bhd, believe to be sub of Barakah...part of the 3 companies received the RM10 bil TI projects from Petronas...

Malaysia and Singapore-based entrepreneur Patrick Grove will acquire a number of flash sales businesses in Hong Kong, Singapore, and Malaysia through his company iBuy Group. He will then raise A$37m ($33m) by putting iBuy up for an initial public offering on the Australian Stock Exchange (ASX) before the end of this year. The proposed ticker is ‘IBY’. The companies being acquired are:

Dealguru, which owns Deal.com.sg (Singapore) and Mydeal.com.my (Malaysia), for $11m in cash and $23.28m in shares at the Offer price
Buy Together, which owns BeeCrazy.hk (Hong Kong), for $8.4m in cash and $12.6m in shares
Dealmates.com (Malaysia), part-owned by Patrick Grove’s Catcha Group, for $10m in cash

DIGITAL media group Rev Media Equity Holdings Sdn Bhd (Rev Asia), established by the merger of select Catcha Media Berhad subsidiaries and Says Sdn Bhd on Oct 8, said it has started executing its first integrated content marketing and advertising campaign.

The RM1-million (US$314,000) campaign with Heineken (a brand under Guinness Anchor Marketing Sdn Bhd) will be in support of the annual Heineken Thirst event, which takes place Dec 14 at the Sepang International Circuit - See more at: http://www.digitalnewsasia.com/media/newly-created-revasia-gets-rm1mil-campaign-with-heineken#sthash.6XcTQRIY.dpuf

Following the completion of the merger between certain Catcha Media Berhad (Catcha Media) subsidiaries and Says Sdn Bhd on Oct 8, a new company, Rev Media Equity Holdings Sdn Bhd (Rev Asia), has been formed.

DESPITE an uncertain landscape for online businesses, Catcha Media Bhd has attractive prospects and big plans ahead. For one, it is targeting earnings of RM10 million within the first year of a joint venture (JV) with Says.com, owned by Youth Asia Sdn Bhd, to create what it considers to be one of the largest digital advertising businesses in Malaysia.

In mid-July, Catcha Media announced that it had formalised a RM23 million merger with Youth Asia that would see it inject its publishing and digital businesses into the JV. Catcha Media will have a 70% stake in the JV, while Youth Asia will hold the other 30%. The name of the new entity is being kept under wraps for the time being.

“In the media world, it’s all about getting scale,” says Catcha Media co-founder and chief executive Patrick Grove. According to him, Catcha Media has a reach of eight million Malaysians a month, while Says.com has six million. Collectively, the JV will have over 500 clients.

“Coming together as a merged entity will allow us to go for an initial public offering (IPO) [for the digital advertising business],” says Grove, noting that Catcha Media will have to complete the integration of the companies first.

Catcha Media has four businesses — publishing, online media, e-commerce and online classifieds. For its financial year ended Dec 31, 2012, only publishing and online classifieds were profitable.

For Catcha Media, the e-commerce business has been registering the most losses. In FY2012, it registered a pre-tax loss of RM11.13 million. Grove expects the business to be profitable by year-end. “By the end of this year, losses in the e-commerce segment will be gone.”

This segment comprises Catcha Media’s Dealmates.com and hauteavenue.com.

“It is the nature of this business that one needs to lose money for about three to four years before breaking even,” says Grove.

“Initially, there are a lot of payment and delivery systems, and the technology needed — these are all costs we have to bear. It takes a while to build up customers to cover those costs.”

in August 2013

Possible privatisation

Grove and his team at Catcha Media have been toying with the idea of going private if the company’s share price continues to languish.

The company’s shares saw post-election interest in line with the broader market, hitting a high of 71.5 sen on May 20.

“But we still view it as undervalued, that is anything less than RM1,” Grove says, adding that it is not a short-term concern.

iBUY. ASX

The prospectus proposes that Catcha Group will own 25.1 percent of shares in iBuy, with Dealguru taking up 22.1 percent, Buy Together getting 11.9 percent, and the rest going to convertible note holders (8.2 percent) and new shareholders (32.7 percent). The total market capitalization would be around A$113 million ($100 million).

Furthermore, Australian institutional investors have a reputation for being more tech-savvy and open to buying shares in technology companies than their counterparts. Australia as a whole is generating far more e-commerce sales than Singapore and Malaysia combined ($31 billion versus $1.7 billion), despite only having four times the population size of Singapore and about seven million people less than Malaysia.

hahaha..i just went to the moon but i want to share the info about my kampung..oooh no no i am talking about Paris and you can fly to Japan from my old house...confused?

check up on Priva (0123) too..something is boiling slowly...

EAH proposed Bonus Issue of warrants. 9 : 2 free warrant

ya, if Lowyat doing rm15 mil per month then is RM180 mil per year...bigger then MyEG, Willow combine too...

interesting...if it is overprices!
PE is 9.63
Retained Earning is RM87 mil, look at the number of shares of 232.5mil..the RE is equal to RM0.37/share
Cash flow +RM44 mil
Latest 3rd Q earning is RM11mil (2013, 9mth RM18.8 mil)

do you think RHB RESEARCH house really stupid?? don't you wonder why on 1 Oct they put the TP to RM2.55??

hng, thanks for the date..i found the cimb report...

"The stock is still attractive and worth a trade. We expect the water takeover news flow to pick up in 2H13. Theoretically, the exit price acceptable to Puncak's minority shareholders will be RM3.67 (PNSB's BV). This rises to RM4.74 if we include the equity value of Syabas, based on the state's valuation," it said

wow...rm2.77...then i must sell all now...

thanks Hng..the previous offer is around rm4 per share right?

Hng33, care to share more? I am interested to know how much the valuation per share basis....

where can we find the more info? the SSG proposal worth RM5.59Bil to buy over YET the total market for Puncak is only RM1.374Bil@RM3.34...is that mean Puncal's holding is worth 4 times more and will it translate to its share price?

the counter will move up only after the contra players are "wash" away... 2 more days to go...

Nine-month net profit 11.260 million (increased 9.55%)

going toward what dosn said... 0.20

moving moving