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2012-10-10 17:50 | Report Abuse
Reference is made to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 10 October 2012 querying the Company on an unusual market activity in relation to the sharp fall in price of the Company's shares recently.
The Board of Directors of Asia Media Group Berhad ("AMEDIA") wishes to confirm that to the best of their knowledge and after making due enquiry with the directors and major shareholders of the Company seeking the cause of the unusual market activity in the Company's shares, AMEDIA is not aware of any factor which may have contributed to the unusual market, including the following:-
1) any corporate development relating to AMEDIA group's business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/ discussion;
2) any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity; and
3) any other possible explanation to account for the unusual market activity.
save and except for the announcements dated:
(a) 2 April 2012 and 24 April 2012 pertaining to the proposed transfer of the listing of AMEDIA from the ACE Market to the Main Market of Bursa Securities, which is still pending the approval from the relevant authorities; and
(b) 5 October 2012 pertaining to the (I) Proposed Bonus Issue of Shares; (II) Proposed Free Warrants Issue; (III) Proposed Increase in the Authorised Share Capital; and (IV) Proposed Amendment (as defined in the announcement dated 5 October 2012).
Nevertheless, the Company will make the necessary announcement to Bursa Securities of any material information in compliance with Para 9.03 of Bursa Securities ACE Market Listing Requirements.
This announcement is dated 10 October 2012.
From AMEDIA's "Management"
2012-10-10 17:44 | Report Abuse
if all of us know to avoid catching the falling knife, then this counter will stop falling then moving sideways...and wait for another rising or dropping someday after.
2012-10-10 17:05 | Report Abuse
tomorrow will up a bit at start...then will drop again..unless no more ppl cook/trade this counter..volume of trading if still high, possibly will drop again!! :)
2012-10-10 17:01 | Report Abuse
close at 0.420..:) did not break 0.400..consider a good end :)
2012-10-10 16:32 | Report Abuse
support at 0.425 is broken!!
2012-10-10 16:28 | Report Abuse
but in the announcements history recently..no announcements of disposal of shares from substantial shareholders were made to Bursa..this is because they are not having more than 5% shareholdings from its paid up capital..thats y when they trade they no need to do any announcement within certain period. i.e. 7 days from transaction day.
2012-10-10 16:19 | Report Abuse
seems that support at 0.427 = 0.425!! :)
2012-10-10 16:12 | Report Abuse
UMA is just a query questioned by Bursa to the Company inquiring "WHY" ur share is falling so heavily?? normally company in the market will answer "We are not aware of the reason causing the unusual market activity"..answer like no answer..haha
2012-10-10 16:00 | Report Abuse
when the time the volume moving average / volume traded is increasing...then the share will start to rise or fall..must see at that situation..
2012-10-10 15:49 | Report Abuse
moving sideways means low volume moving average..buying power
2012-10-10 15:45 | Report Abuse
when the share drop...if the buy transaction still at high...not a right signal...is the bad signal..a share must pass through moving sideways then only will up again...
2012-10-10 15:36 | Report Abuse
only the "Management" knows
2012-10-10 15:31 | Report Abuse
although it keep on dropping...the buys transaction is still higher than sell transaction..haha..really interesting the show!! once a while..dun miss it!!
2012-10-10 15:26 | Report Abuse
still have 1 and the half hour left
2012-10-10 15:21 | Report Abuse
got 2 symptom, one is they cook till it falls heavily and cook back the price..then they earn heavily..another one is the counter is going to ____ (wordless)!!
2012-10-10 15:10 | Report Abuse
haha...still cant recover le..??
2012-10-10 15:04 | Report Abuse
shit till no shit is how???
2012-10-10 15:02 | Report Abuse
once it breaches 0.385...the next TP is 0.275!!
2012-10-10 14:58 | Report Abuse
target price today..0.385!!!
2012-10-10 14:57 | Report Abuse
ctwcandy...is just a query..not suspension. =='
2012-10-10 14:55 | Report Abuse
Chyleglat thanks.. it is moving sideways now..it will come when the Volume MA increases...lets see the amedia dropping show 1st..dun miss it..!!
2012-10-10 14:51 | Report Abuse
lets see the dropping show!!
2012-10-10 14:48 | Report Abuse
amedia keep droping!!! its water falls to bottomless?!
2012-10-10 14:44 | Report Abuse
so Chyleglat..would appreciate your advice on which stock can buy recently? or what are the shares you are holding now? mind to share?
2012-10-10 11:24 | Report Abuse
it broke the support!!!! waterfall again!!!! shooting star falls again!!! shit leaking again!!
2012-10-10 10:36 | Report Abuse
seems that its support at 0.500...if it breaks the support, a big waterfalls will appear again!!
2012-10-10 09:57 | Report Abuse
target price will drop to 0.385!!
2012-10-09 17:27 | Report Abuse
they use the bonus issue and warrant issue to block ur mind, at behind got insider news not reveal out..thats y keep on leaking shit!!
2012-09-28 17:32 | Report Abuse
problem is missing the boat i think...understand the feeling =='
2012-09-28 17:12 | Report Abuse
happy day^^ It makes me excited at 1st..angry at the middle..then scare...finally and luckily happy ending ^^
2012-09-28 15:39 | Report Abuse
omg..it is leaking fecal some more!!
2012-09-28 12:04 | Report Abuse
seems that the corporate exercise creates no big effect on the share price movement. It has been struggling against the price since day 1..its really like "dragonfly touches the water" can't even break the resistance..haha..in this phenomenon, it will be moving sideways eventually.:)
2012-09-28 10:45 | Report Abuse
don't stop!! keep on going up!! stamina pls!!
2012-09-27 17:14 | Report Abuse
omg!! close at -0.005 some more today!! The time for collecting is over!! Is time to boost up!!! PLS GO UP!!
2012-08-13 01:13 | Report Abuse
HAIO is good potential share with good dividend yield..looking forward to their declaration of final dividend :)
Stock: [AMEDIA]: ASIA MEDIA GROUP BERHAD
2012-10-10 17:56 | Report Abuse
profit profit...all the buyers if their shareholdings are not over 5% of the paid up capital of Company, they are not required to announce any change of interest...only directors of the company and substantial shareholders with more than 5% of shareholdings are required.