Fact: MMODE, eps 5.73 nab 0.4584 - present price 35 sen is undervalued - this stock can trade well above 80 sens when market is good - current market should trade above 50 sen. I will advise that not to sell if you are not making any profit. For sure management will call for Share buy back if price dip too much.
Doggi, I totally agreed to what you say. Thanks for your real fact comment, not like some Luke guy who has got no balls, no balls never mind, no brain too. ha ha
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 have been trapped in Mmode since a quarter ago. should've just cut loss before the announcement on the suspension of service provision to Celcom which cause it to gap down. since then you can hear this Lukesharewalker and this joker who always does the annoying ha ha hui keep mention its a cash rich company etc. anyway I do agree that the earnings is there, the PE is low. that time I was deciding to enter JHM or Mmode coz both also around 44 cents only and have a low PE. but too bad, made the wrong decision, trapped where while watching JHM fly. :)
Doggi, I agree with you, based on the PE, this counter just need some playmaker. it could easily surpass the 50cents level (look at JHM now, although different industry, but they used to have the same PE and around same market cap and issued shares, etc. now JHM hit 90cents already) now hoping for big syndicates to strike their move. perhaps the negative announcement recently was an intention to accumulate lower before push up. lets just hope we dun have to wait long for this counter to ripen and harvest
Mind you, I was pro mmode previously but situations change and all data are historical. The coming situation is BAD... Look at it this way, it might gap down again the next QR.
There is insufficient buyers to support at this level.
Unless you plan to hold for a few years but that's another story
tats why I said he is the best successor to Koon Yew Yin. since KYY will be remembered for Jayatiasa, Mudajaya and others such as soon to be Liihen... Luke will be remembered for the Mmode case study :) all forumers, pay attention to these type of people ya
No need to care about him. just yesterday we knew that he did not have share or himself not selling. Just use mouth no use one. no body will listen to him
In Chinese we also called this type of people as Destroyer Species 败类. Too many Malaysian are like him that is why until today our Malaysia is still Sangat Boleh.
0.33 is the lowest price, just buy more during at this price or slightly lower, then syndicate many push up until 90 sen, so don;t simple get con and sell your shares. I am not selling for sure.
look @ mmode now. 35 sen sapu all and now buyer is 355. steady and cheer to all our mmode comrade and long term investors. Shame on you Luke, you are our mmode Destroyer 破坏者 and Destroyer Species 败类
haha 90sens is too high target la. although I hope syndicates will play it up like how they play up JHM. for me, if can break above 50sens I also very satisfied liao :)
Those who sold the MMODE share already like Luke - The no balls man, now must consider buying back.
All the directors are very smart - they will take very good care of their own pocket rather than our pocket, if MMODE no business meaning they cannot draw more Director fees. So, after attending AGM must not simply make Soh Chai decision to kill yourself.
From last year Revenue RM37,247,740 and Income RM8,763,880 - They (The Directors) drew RM2,304,758 which is two over million out of the income so is equal to around 25% over percent. Refer to the Profit & Loss if you don't understand what I trying to mean that you can find it from the Income Statement at page 35.
If every month mmode affected RM2.6 million x 12 = RM31.2 Million that mean it is going to bankrupt, not only mmode will become bankrupt celcom will too, so any one of you here think this is logical? Only fool will think that so.
Read my previous post - It is merely a migration plan. No any great company like Celcom or Mmode will want themselves kill. No more subscribers continuing their program after a new platform being created? All of us are now using Smart Phone, anyone of you here still using NOKIA 3310? If mmode is a bad govern company it will not have so much cash in hand RM46,813,500 refer Financial Position at page 34.
So, don't be mis-Understood-ed by the AGM like Luke - The no balls man. He is a useless fellow.
He is timid, greedy and a coward for sure. However, he did not know how to analyze properly. Wondering he is attending next year Mmode AGM again. We will really welcome him to introduce himself there. Dare him not. ha ha ha
the suspension of platform really scare the hell out of most, and i think syndicate also use this news to stir some fear. those who entered at 34cents should have a better position compared to ppl like me who are trapped above 40cents :( lets hope the operators faster make their move soon
skyz, for your information that Luke guy is not a syndicate, he is a small fly and he is as scare as you and he has cuts his loss in mmode, now he should be looking for money to buy his new underwear. next year he won't be attending mmode's AGM.
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....
Doggi
224 posts
Posted by Doggi > 2016-06-07 09:30 | Report Abuse
Fact: MMODE, eps 5.73 nab 0.4584 - present price 35 sen is undervalued - this stock can trade well above 80 sens when market is good - current market should trade above 50 sen. I will advise that not to sell if you are not making any profit. For sure management will call for Share buy back if price dip too much.