CEO mentioned change of financial year end is due to savings from non peak season. You buy it? When you are supposing making millions, you don't try to save peanuts. Something odd. Plus change of auditors Red Flag
Please don't be mis-understooded by the AGM. ha ha ha. MMODE is solely dealing with our Malaysia four largest telco provider: celcom, maxis, digi & umobile. The major issue "suspended the master content provider agreement by celcom affecting rm2.6million a month" is actually a celcom migration plan from 2G, 3G to 4G. So, later on the subscribers will re-subscribe back all those services via celcom and not mmode. It is a celcom matter after all. A simple example is like last time TMNet switching to nowaday Unifi services. Just imagine nowadays Unifi subscribers are so much more comparing to TMNet subscriber because of the speed and the hype tv content
The Big Boss or the person behind MMODE is Dato' Lim Thean Keong. He is the largest share holder with a 35.03% in MMODE will drive this company to a greater heights. He already hint to you that his business is for long term basis and there is still plenty of rooms for his business expansion, Just like facebook , he has introduce many new applications and all these application will be promoted thru our malaysia four largest telco celcom, maxis, digi & umobile.
When being asked how is the coming quarter result and how many existing subscriber they currently has. All the directors keep their tight lips and avoid to give a definite answer. So, what is that mean to you?
Read the following carefully: It is merely a Migration to NEW PLATFORMS
The suspension of the current Content Mobile Platform shall be effective from 12.00 a.m., 5 March 2016 (until further notice) (“Suspension Period”). During the Suspension Period, MMS shall:-
1. be migrated to a new platforms introduced by Celcom i.e. GAMESTORE, BIG WIN, ESCAPE AND EMOMI365,
2. ensure that MMS’s platforms continue to integrate with Celcom’s new platforms;
3. ensure that there is no new acquisition of services and
4. allow the present subscribers who have paid for the services to continue enjoy the services until they opt-out of the services.
I believe there is a decrease in Q1 revenue due to the Celcom issue affecting March revenue partly. Going forward it will affect Q2, as mentioned in the AGM, it can affect to the mac 2.8 mil revenue per month net. That's a lot, with revenue is just over 8 mil per quarter. Brace yourself. I think they need a breather, that's why they lengthen the financial year. Something definitely smells
I also attended the AGM with you, but why my understanding & your understanding are totally different ??? Think and Analyze properly, don't simply make stupid decision. After all your own Final Decision, to buy, to sell is all up to you. MMODE did not get paid directly from customers, customer paid directly to Celcom, so how sure are you that most of the subscriber are not subscribing? Just to ask a simple question, if you are on TMNet so are you now not subscribing Unifi service?
If A store not selling Wan Tan mee that you eat everyday you will go to B Stor right or not?
Please don't forget that MMODE are controlling all the Malaysia four telco, so either you go to Celcom, Maxis, DiGi or UMobile your money will eventually go to MMODE.
Please use your brain lah, I think some people think is really BODOH. huh
I was also in the Agm that day, i think mrmm comment make more sense. I am not selling because investing is about long term, it looks like all the directors are very concentrate, keen and forecast much in their business. I will even buy more if it is cheaper, this stock will fly soon, perhaps next quarter Q2 40 sens, who knows, just keep our finger cross better. i was told there might be a bonus issue and share buy back soon
when many in doubt and hesitated, it can be an opportunity surfaced, to mitigate the risk buy mmode and penta together.. wakaka - https://www.youtube.com/watch?v=dzsuE5ugxf4
But you must understand that some of them they got very confuse and can simple make wrong decision just after they had attended the Agm. From the Agm, I think all these directors are just waiting to collect our stocks because i notice that when come to sensitive question they are not answering. I also notice that they very smart to save here & there then they very smart to declare their own salary high high about rm2 million just for that few guys you know?
3 persons attended MMODE AGM, Two (2) type of opinionS came out. Really funny, but after analyzing that Luke fellow already incur big losses. Let's see what happen next.
Luke, please sell all your mmode, ask your friend to do it too, there are just too many buyer queuing at 35sens now. Soh Chai.... Soh Chai... too many Soh Chai...
Yes, Luke please sell all your share... I am waiting at 35 cent too. You are a real coward. You are just those working class and not those investor class for sure.
Why see after dividend x. today is already very clear that price is not dropping and no body selling inclusive of the Luke who as us to sell. that mean this Luke guy got no ball and no stock in-hand. so no need to listen to him at all. He is merely an under-wear man only. ha ha ha
Foreign buying will be soon as Interest Rate increase in the USA is no longer on the table as their Job Report is rather bad. U.S. nonfarm payrolls showed the slowest job growth in more than five years. So you guys no need to argue too much because our Malaysian Stock is always a follower.
Luke No Balls, no need to suspect here and there, I am just a Bold Shareholder, not like you lah, very scare, go and work, don't invest lah. Read again how other people think of you. You are a just a very small fly or you don't even have mmode stock in hand lah.
Foreign buying will be soon as Interest Rate increase in the USA is no longer on the table as their Job Report is rather bad. U.S. nonfarm payrolls showed the slowest job growth in more than five years. So you guys no need to argue too much because our Malaysian Stock is always a follower.
U think you very good in making money meh? In which way you are good? you are a very confuse and Ah Heng called you a "real coward". I will call you "No Balls Idiot" No brain pig.
Luke, if you don't have mmode stock in hand then just keep your believe with yourself so that it is more fair to the other strong investors. Unless you are really selling your stock. By checking the volume you are not selling, if you did you only have very small amount of share. Sell and go away. Your believe cannot affect mmode by anyway
Yes Doggi, I like your Fair comment. Luke is a liar and he though I am from the mmode management. This guy has got No Balls and he is an Idiot with Pig Brain Head.
True, this Luke guy has no share and stocks with MMODE. Doggi comment is really good. Pointing out his lies and fault. So, just ignore his comment, he is a hard-time worker (not a stock investor) a real coward I repeat.
Wah today when our Stupid Luke look at MMODE then he (I should say she because he has got no balls) really suffer because after x dividend our MMODE is still up 0.015 - this is the fact, a coward how to come to bursa to invest stock?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lukesharewalker
6,535 posts
Posted by Lukesharewalker > 2016-06-03 15:50 | Report Abuse
Not surprisingly, it could be a 20 cents counter by next Q.
They have no buffer