They might think the entry price is "cheaper" after ex-rights

@ YiStock :

I will see how the next Q perform...for now, just put this under watch list as I have no idea how deep this knife can drop.

Cheers,

Wow...YiStock catching this falling knife????

@ step6978 :

I could only think of transfer to Main Board for the time being.
Too bad I have not received my bonus (this is unbelievable!!!) to top up my no of shares.

@ WiseEye & YiStock : I thought you both abandoned this ship already

@ Stevecheahsw : What would be the good news / announcement???

Not sure if Instacom is leaving port or taking off now but the fundamental of the company is "not bad", so just hold tight

http://www.thesundaily.my/news/788909

Quote :
"Kung said the group actively sources and proposes fibre routes for telcos to lease, even for new telcos like Puncak Semangat Sdn Bhd.

To prevent multiple digging when laying fibre optic cabling underground, which is a waste of resources, she said Instacom proposes a co-sharing of infrastructure and puts in additional capacity in its fibre works to cater to future demands.

This means that Instacom has the ability to lease out the fibre network, assuming it builds for one base tenant. And if the second and third tenant comes onboard, the group would have the ability to increase its income without increasing capital.

"The infrastructure for telcos is good for co-sharing. You cannot be having duplicity. We're proposing this and we've been actively working on it. Telcos like the idea because we understand their requirements, we're helping them with managing their capex and they have limited sums of capex.

"If we can help them to roll it (fibre plans) out, the sooner this gets done, the faster they can roll in the money and we can assist in Malaysia being wired up faster," said Kung."

But the volume today is "encouraging"

So, the only sensible way for Instacom to move forward and get some institution investors is shift to Main Board :D

Hi Mr 26c, you look familiar.
Is your brother, 40c coming along with you???

You are welcome, iWarrants.
I thought you have as much confidence in Instacom as I do... XD

Anyway, Happy 2014 to you and to Instacom.

Cheers,

iWarrants, I found no reason to sell off my shares now from the business prospect point of view. And I have no personal issue with the directors selling off shares/warrants back in Oct/Nov.

So, I will just keep and wait. Mostly will buy more to accumulate if have more angpau or pocket money.

And I hope the "surprise" will come as early as possible. But then again, we won't know till it comes, right? That's why it is called "surprise" :)

Cheers,

Telco: A promising year with HSBB2

On October 24, Prime Minister Datuk Seri Najib Tun Razak announced during Budget 2014 that the government would implement the second phase of the High-Speed Broadband (HSBB) project in collaboration with the private sector involving RM1.8 billion investments to expand coverage to major towns.

To increase Internet coverage in rural areas, Najib said 1,000 telecommunication transmission towers would be built in the next three years, with an investment of RM1.5 billion and on the local front, he said that new underwater cables would be laid across Sabah and Sarawak within three years at a cost of RM850 million.

For homegrown end-to-end solutions provider to the telecom industry; Instacom Group Bhd (Instacom), this budget announcement is more than good news as the company would be a major beneficiary for tower construction works across the nation.

Furthermore, with telco service providers battling to expand their long-term evolution (LTE) grip on the rapidly-increasing number of smart devices users, Instacom is one of few companies likely to leverage on the spill over of this development.

Chief executive officer Anne Kung told BizHive Weekly, “Some of the major contracts secured in 2013 will be rolled out in earnest in 2014. Plus, the recent announcement by the Prime Minister in his budget speech provides Instacom with potential new major tower construction works with the announcement of 1,000 towers.”

When asked what are Instacom’s plans for the year ahead, she replied, “We are participating in major fibre rollouts for our clients and hope that our plans on building our own portfolio of tower assets will be realised.”

Overall, 2013 has been a sterling year for Instacom. After a year of its successful Reverse Takeover (RTO) on the Bursa Malaysia Ace Market, Kung enthused, “Instacom has made a remarkable impact on the investing public, raising our profile, bringning to the attention of investors the success story of this Sarawakian company.”

To usher in the new year, Kung said, “As a Sarawakian based company, we hope that Sarawak will benefit the most from the 1,000 towers planned to be built under the Universal service Provision Funds as Sarawak is still the most underserved state in terms of telecommunication coverage.

“Also the planned Phase 2 of the HSBB will also be deployed to Sarawak to provide us with this much needed service.”

Meanwhile, analysts have pegged mixed views on the outlook of the telecommunication sector in 2014. Maybank Investment Bank Bhd’s research division (Maybank Research) highlighted, “Data usage growth is both explosive and secular, driven by increased users, faster internet access and improved content.

“For fixed-line players, we continue to expect growth in data revenue to more than offset falling voice revenue.”

It further projected, “We expect competition among the cellular majors to remain rational, allowing the cellular majors to continue focusing on further monetising data.

“We see pockets of trading opportunity for selected telco stocks given the potential crystallisation of stock-specific catalysts in 2014.”

http://www.theborneopost.com/2013/12/29/gauging-the-year-ahead/

Wow...all wake up so early!!!

Foreign funds might not invest in Instacom but retail investors do...market sentiment should play an important role to drive retail investors into the market and hopefully into Instacom :)

Cheers,

No worry, YiStock...I have not "potong" yet and still plan to accumulate more shares when get more spare cash...not dare to play warrant, though

Wat is wrong???

I knew this only just now...silly me...but planning to buy in more Instaco :)

Now I realize Instaco is qualified as a Shariah-compliant security

Speaking of Borneo Post...

http://www.theborneopost.com/2013/11/29/instacom-experiences-good-quarter-as-team-works-on-ending-the-year-with-historic-high/

YiStock...we'll be cooking some turkey come this Thanksgiving instead of being cooked...say I can hear a new 5 series coming your way :)

YiStock...not again...not another false alarm???

I hope I am not the turkey in the oven come this Thanksgiving...

It's very quiet today here and the trading volume is very low too...something fishy is going on

YiStock, I agree with you that Ngu is not stupid to get questioned/fined/punished by SC when he sold his ordinary shares due to insider's info when Q report is around the corner.

On the other hand, I am interested (not keen though) to know who bought over his shares. And I hope Ngu's selling of shares (or rather his sacrifice, as in my perspective, due to lower % of shares held in hand now) will benefit the company in future.

YiStock, if Instaco moving to main board is in progress / 205m contract is indeed in hand and in progress / coming Q report is sustainable, then more people will be cursing for selling / cut loss too early... :D

What good news? Bursa blackout? :D

The company is doing good or bad will be determined by its Q report (which is around the corner), not by some report from "analyst" (konon!).

People bought in Instaco could have all the reasons to be panic right now but I'll see how the Q report goes :-)

At this moment, I am not saying good or not good in getting some bumi shareholders but this could one of the "criteria" to be fulfilled in order to pave way to Main Board

My hypothesis is the management team is trying to get some Bumi to be new Director or one of the major shareholders in order for Instacom to be transferred to Main Board.

The list of "30 largest shareholders as at 25 April 2013" (page 78 of latest annual report) shows only a few Bumi shareholders.

Bought in some at 0.30 :)

Tentatively RM1.80

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1454261

Medium Term Notes : 15m
Cash in hand : 12m
"Expected" rental income : 5.8m (excluding profit from tower construction work, need to wait for next Q report)

At least we can see Instacom's account is "balance and healthy".

Cheers,

http://www.thestar.com.my/Business/Business-News/2013/10/31/Stable-outlook-for-ISPV-notes.aspx

http://www.marc.com.my/ratbase/pub.press.detail.php?aid=4642

MARC AFFIRMS ITS AAID RATING ON INSTACOM SPV SDN BHD’S RM200.0 MILLION MURABAHAH MTN PROGRAMME

Oct 29, 2013

MARC has affirmed the rating of Instacom SPV Sdn Bhd’s (ISPV) RM200.0 million Murabahah Medium Term Notes (MMTN) Programme at AAID with a stable outlook. ISPV, a wholly-owned subsidiary of Instacom Engineering Sdn Bhd (IESB), was set up solely to facilitate the issuance of the MMTNs to finance the purchase of completed telecommunication (telco) towers constructed by the latter. ISPV has RM15.0 million MMTNs outstanding as at September 30, 2012.

The rating on the MMTNs primarily reflects the predictable source of cash flow generated from assigned monthly lease rentals of telco towers and the credit risk of the lessees, Maxis Berhad, Celcom Axiata Berhad and DiGi Telecommunications Sdn Bhd (DiGi). The rating on the notes is weak-linked to MARC’s AA/stable public information rating on the lowest rated lessee. The contractual nature of the lease rentals continues to provide structural stability to debt service coverage. ISPV’s finance service coverage ratio (FSCR) as at December 31, 2012 was 1.36 times (x), in compliance with its FSCR covenant of 1.25x.

Based on its projected cash flow, ISPV will have sufficient funds in its finance service reserve account (FSRA) for the redemptions of its outstanding MMTNs between December 2013 and end-December 2014. ISPV has a cash balance of RM12.0 million in its FSRA as of October 7, 2013 and is expected to collect lease rental income of RM5.8 million from October 2013 to December 2014.

Sarawak-based IESB was awarded a contract for the construction of telco towers by Terengganu state-backed Desabina Industries Sdn Bhd (DISB) in April 2005, with the former having completed 84 towers. The completed towers were then leased to the mobile operators for a seven-year period under a license agreement with DISB. DISB then surrendered its rights to the lease rental payments to ISPV. ISPV is also responsible for the fairly basic maintenance of the tower sites and related infrastructure, which MARC notes significantly limits noteholders’ exposure to performance risk.

Apart from telco tower construction, IESB constructed 883 telco structures for DiGi, financed under the rated programme, for which it received lump sum payments upon completion. Nonetheless, the rating agency understands that IESB is no longer funding its telco tower or structure construction contracts with the MMTN and hence there will be no further drawdowns from the programme.

The current stable outlook on the rating reflects continued timely payments from the existing towers.

Contacts:
Ngiam Tee Wei +03-2082 2268/ teewei@marc.com.my
Taufiq Kamal +03-2082 2251/ taufiq@marc.com.my

To Manin40, "if" Instacom really can hit PE 15, then makes sense to keep warrant when it was first issued. Too bad sold all my warrant already and just keeping the mother share...

I want to see RM4 :D

To Manin40, I do not buy Instaco because it is RHB's Top Pick of Small Cap or Jewel Stocks or the TP or FV.

However, I "have a good feeling" towards its fundamental, growth prospects and future after reading much of the analysis about Instaco (i.e. Bursa Dummy, etc).

So, I (quote from you) hope (Instaco) to be another Inari.

Cheers,

To Manin40, hope your dream comes true because today I topped up a bit :-)

Instacom: Your Tower of Strength?
http://bursadummy.blogspot.com/2013/09/instacom-your-tower-of-strength.html


Instacom vs OCK vs RA :
http://bursadummy.blogspot.com/2013/09/instacom-vs-ock-vs-ra.html

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1439741

To curiwangbagus, good luck...

Hope those reading this understands Chinese :

http://bblifediary.blogspot.com/2013/09/instaco.html

http://mrem.bernama.com/viewsm.php?idm=21649