Posted by GaoLuckStockGod > 2014-02-13 18:09 | Report Abuse

I think today he did play the crucial role to support & push up the mother share price again. He got endless bullet to acquire mother shares continuously...

Posted by greedyman > 2014-02-13 18:13 | Report Abuse

Azmi Sharom on Teresa Kok's 'Onederful' video...peace loving Malaysians must see
Now listen to a Malaysian Malay speaking "the real truth".
http://www.youtube.com/watch?v=KNByJsvyiL0

Posted by TuaHuat > 2014-02-13 19:12 | Report Abuse

Hope this is the new support level :)

Posted by 0007 > 2014-02-13 19:26 | Report Abuse

Dun buy , sell all !

Posted by richcares > 2014-02-13 19:28 | Report Abuse

Sold already all for iris

Posted by TuaHuat > 2014-02-13 19:48 | Report Abuse

Already made a round from Iris :)

Posted by GaoLuckStockGod > 2014-02-13 20:46 | Report Abuse

Pls sell your NN to TPY and me at 10 cents. TPY buy, I buy; TPY sell then I sell!

Posted by GaoLuckStockGod > 2014-02-13 20:51 | Report Abuse

Now Iris is more risky than NN. Anytime will back to square maybe after announcement of qtr results at the end of Feb.

Posted by manmin > 2014-02-13 21:46 | Report Abuse

Nn tp?

Posted by TuaHuat > 2014-02-13 21:52 | Report Abuse

GAO, NN will gain the spotlight soon :)

Posted by GaoLuckStockGod > 2014-02-13 22:57 | Report Abuse

Yes TuaHuat, will be outperforming Iris soon. :)

Posted by richcares > 2014-02-14 08:09 | Report Abuse

NN goreng but no movement of share price

Posted by ShareKing > 2014-02-14 08:49 | Report Abuse

let's see how.... expected some movements today...

Posted by GaoLuckStockGod > 2014-02-14 08:58 | Report Abuse

Yes, TP 20 cents before announcement of 3rd qtr result on March.

Posted by awangngah > 2014-02-14 09:30 | Report Abuse

It'll be indeed a good return if it can reach your TP 20 by March.

Posted by GaoLuckStockGod > 2014-02-14 09:45 | Report Abuse

Yes Awangngah, if NN average up 0.5 sen per day from now on, 20 cents can be reached on 11 March 2014 provided TPY acquire NN share continuously!

Posted by awangngah > 2014-02-14 10:03 | Report Abuse

hahaha i thought a little bird had whispered to you regarding the TP

Posted by awangngah > 2014-02-14 10:50 | Report Abuse

let's wish for the best

Posted by Gori > 2014-02-14 12:58 | Report Abuse

Rolling

Posted by manmin > 2014-02-14 15:21 | Report Abuse

Holiday otw

Posted by Star2014 > 2014-02-16 19:42 | Report Abuse

If follow iris First target 30c then go down 18c then 50c. Have arab investor 30c must make them happy!

Posted by TuaHuat > 2014-02-16 21:48 | Report Abuse

It must materialize all the development plans first ...

Posted by TuaHuat > 2014-02-17 07:30 | Report Abuse

Kenice, can't open the link. Don't mind to copy n paste here? TQ

Posted by Kenice > 2014-02-17 07:44 | Report Abuse

http://fw.to/owW09PK

Posted by GaoLuckStockGod > 2014-02-17 07:56 | Report Abuse

Published: Saturday February 15, 2014 MYT 12:00:00 AM
Updated: Saturday February 15, 2014 MYT 10:07:10 AM

Nextnation mulls going into data business

Nextnation Communication Bhd is looking into the possibility of venturing into the data centre business in Malaysia via the acquisition of one of South-East Asia’s largest data centre players.

The company, a smallish mobile applications and platform provider, currently leases data centre facilities from external parties to host its critical servers and computer systems which it uses to carry out its operations.

However, sources say the company is now in talks to potentially buy over the Malaysian operations of a group which is involved in the development and maintenance of more than 200 data centres both here and overseas.

The group is said to be listed on the London Stock Exchange’s AIM.

Nextnation will also soon build its own 30,000 sq ft date centre in Cyberjaya. In 2012, it purchased 5.9 acres freehold enterprise land for RM18.5mil cash.

By having its own data centres and facilities, Nextnation will be able to save on the cost of leasing external facilities as well as generate an income by itself renting out additional space to other companies in need of such services, says one source familiar with the company’s plans.

Eventually, the company’s business volume should also increase in line with the potential upgrade of facility capacity.

“There are a couple of parties vying for this group’s business and Nextnation is one of them. Talks are ongoing,” the source says.

Nextnation, however, declined comment.

According to an industry report by UK-based consulting firm BroadGroup, the South-East Asian markets of Singapore, Malaysia, Thailand and Indonesia will see sustained investment in data centres with a forecast 40% increase in capacity by 2015.

“The key story is one of continued growth across all markets driven by factors ranging from mobile data to enterprise IT outsourcing, the emergence of cloud and market entry by large-scale data centre players,” the report reveals.

Nextnation in 2012 said the Cyberjaya land it bought was to cater to the development of office space and facilities such as a data centre, research and development labs and an incubation campus for in-house usage and will be partly sold and/or tenanted out to third parties.

The gross development value of the project is expected to be between RM400mil and RM500mil.

Meanwhile, interest in this counter has been building up if its share price uptrend and increase in trading volume this week are anything to go by.

The stock is up 22% this week against the broader market which ended higher by 0.16%.



Proposed bonus issue

Apart from talks on venturing into the data centre business, sources say a return of interest in the company could also be stemming from a proposed bonus issue which could be announced as early as next week.

The bonus issue will likely be on the basis of two bonus shares for every five existing shares held by shareholders.

“This is basically to reward shareholders who had earlier subscribed to its rights issue (completed last month) which raised some RM40mil, ” the source says.

Posted by TuaHuat > 2014-02-17 08:02 | Report Abuse

Thanks Kenice. Good news indeed :)

Posted by Frank Soweto > 2014-02-17 08:02 | Report Abuse

he looks like the long lost younger brother of General Lee :( hope his goreng skills is as good as General :)

Posted by TuaHuat > 2014-02-17 08:40 | Report Abuse

This news is for stirring purpose (to boost the price) ??? Wait and see !!! Hope to be good :)

Posted by awangngah > 2014-02-17 09:33 | Report Abuse

Thanks for the info Gao

Posted by manmin > 2014-02-17 09:37 | Report Abuse

Any suggestion on TP

Posted by ShareKing > 2014-02-17 09:49 | Report Abuse

Actually the detail haven't really out... still guessing... possible will have more corporate action behind... wait & see....

Posted by ShareKing > 2014-02-17 09:54 | Report Abuse

today actions turn to Nextnat-WA......

Posted by surewin1woh > 2014-02-17 09:56 | Report Abuse

Bye-bye RM0.075 for NN-WA

Posted by TuaHuat > 2014-02-17 12:28 | Report Abuse

Don't stop.... Pls continue the bull

Posted by TuaHuat > 2014-02-17 13:53 | Report Abuse

GAO, if really having bonus issue, will u take up?

Posted by GaoLuckStockGod > 2014-02-17 14:33 | Report Abuse

TuaHuat, definitely yes bcos of free. But if NN share price hit my TP, i will take it up partially only. Anyhow, i will buy back again after bonus issue due to good company prospect.

Posted by GaoLuckStockGod > 2014-02-17 14:48 | Report Abuse

TuaHuat, luckily we bought NN at below 9 sen. Now we can enjoy a very good return if NN continuous uptrend b4 announcement of good news.

Posted by TuaHuat > 2014-02-17 14:50 | Report Abuse

Ya thts right. Now waiting for further uptrend. The paper gain is not bad right now.

Posted by GaoLuckStockGod > 2014-02-17 14:52 | Report Abuse

No patient no good gain. :)

Posted by choo > 2014-02-17 14:56 | Report Abuse

HI GAO,im new here
wanna ask u somethings
if i buy now will i entitled to get free bonus issue if nextnat really does
and wat price of the bonus issue?

Posted by surewin1woh > 2014-02-17 16:41 | Report Abuse

Chiak-chiak NN mom...

Posted by surewin1woh > 2014-02-17 16:43 | Report Abuse

Bye-bye RM0.12

Posted by gyaphong > 2014-02-17 17:21 | Report Abuse

confirm bonus issue?... if confirm... buy now then is entitle....seldom see company announce in news saying going to give bonus.... really a good strategic to push up the price... it can move up further, as reported in news.. NN trade below its NTA... more to move up....

Posted by choo > 2014-02-17 17:46 | Report Abuse

Reference is made to the article entitled “Nextnation mulls going into data business” appearing on page 2 of the StarBizWeek on Saturday, 15 February 2014. In particular, the sentences reproduced below:-
(i) “…acquisition of one of South-East Asia’s largest data centre players”; and

(ii) “…proposed bonus issue which could be announced as early as next week.”

The Board of Directors of NCB (“the Board”) wishes to clarify the statements made above.

In respect of (i) above, NCB and its subsidiaries (“NCB Group” or “Group”) are continuously seeking to explore and initiate viable business opportunities which will benefit and create value for the Group. One option being considered is the venturing of the Group into the data centre business.

The NCB Group wishes to confirm that it is currently engaged in preliminary discussions with a data centre company to potentially acquire its business. To date, no definitive or conclusive terms have been agreed upon with any party, and in particular, NCB has not committed itself to any acquisition of a data centre company.

In respect of (ii) above, the Board is not the source of the statement in the said article and NCB is not aware of how the writer of the said article obtained the information.

Nevertheless, pursuant to the article, the management and Board are now discussing various options including exploring and evaluating the possibility of a bonus issue. However, the detailed terms of any such bonus issue has not been finalized to-date.

Accordingly, should there be any concrete proposals to be undertaken by NCB, the Board will make the relevant announcements in a timely manner in accordance with the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 17 February 2014.

Announcement Info

Posted by GaoLuckStockGod > 2014-02-17 18:23 | Report Abuse

Hi Choo, absolutely yes if NN really propose bonus issue.

BTW, pertaining to the calculation of bonus shares price and existing mother shares held by you after ex-date is:

If the co. gives X:Y bonus
where X is the no of Bonus shares
Y is the shares held by you.

Ex-bonus price is A x Y/(Y+X), A = last closing price before ex-date

Assume NN propose 2:5 Bonus issue and last closing price before ex-date is 20 cents. So ex-bonus price is 20 cents x (5/7) = 14.28 cents, then round up is 14 cents.

Posted by GaoLuckStockGod > 2014-02-17 18:32 | Report Abuse

It's good that NN didn't deny the statements wrote by StarBizWeek. So NN share price will be pushing up further. :)

Posted by choo > 2014-02-17 18:54 | Report Abuse

I try to q at 0.115 tmr
See can get it or not
1000 share

I knw is chasing high price:(

Posted by awangngah > 2014-02-17 18:55 | Report Abuse

Gao, looks like your TP20 looks very achievable.

Posted by madcow1992 > 2014-02-17 19:02 | Report Abuse

all warrants get bonus? if next goes 25 sons 20, after bonus 17 sons 14. then it becomes iris 17 go up 50. very familiar formula!!!

Posted by GaoLuckStockGod > 2014-02-17 19:12 | Report Abuse

Yes Awangngah, it's on the way. I think your current paper gain also quite good bcos you subscribed rights shares with free WC. :)