MMM GROUP BERHAD

KLSE (MYR): MMM (0159)

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Last Price

0.115

Today's Change

-0.005 (4.17%)

Day's Change

0.115 - 0.12

Trading Volume

204,000


28 people like this.

5,948 comment(s). Last comment by Limo123 12 hours ago

feigo

184 posts

Posted by feigo > 2012-11-01 17:48 | Report Abuse

The next news that affect price (1) Bonus entitlement date (2) Fin. result (will released before 31 Nov) (3) result for admitted to main board. Today, many traders come into action. Price goreng. Really need good holding power and patient.

juggernault

1,895 posts

Posted by juggernault > 2012-11-01 18:02 | Report Abuse

Fatty, you maybe right... My experience tells me that when boss is selling, we must follow them to sell.. and it wont go wrong.. Hiaptek is an example, boss selling at Rm0.75 and now it onl;y worth Rm0.50... Recently case include YTLP Boss keep selling Rm1.8x and now it only worth Rm1.60... So decide it yourself if you think its worth to take a risk with an ACE market stock that never even pay a single cent dividend :D Good luck for gambler...

feigo

184 posts

Posted by feigo > 2012-11-01 18:27 | Report Abuse

Thanks for your advice. I know the risk - above average. I bet based on current low P/E and good fundamental (in paper at least)and the news of admission to main board. An admission to main board would allow higher valuation for AMEDIA, so far Bursa has not turned down the application if all requirement is fulfilled. The only issue now is Bursa decision on it. Of course, if all informaton about AMEDIA are FAKE then I will run immediately.

Posted by Buy & Sell Sell & Buy > 2012-11-02 08:25 | Report Abuse

Feigo, what u hv said above r correct. I oso base my bet on (1) Bonus entitlement date (2) Fin. result (will released before 31 Nov) (3) result for admitted to main board. If these 3 things r incorrect, i will pack my money & run away fast. Faster than RoadRunner.

ssrl

15 posts

Posted by ssrl > 2012-11-02 10:15 | Report Abuse

accumulation at .42....

lmf_hau

674 posts

Posted by lmf_hau > 2012-11-02 12:25 | Report Abuse

Amedia already shown it strength of recovery.
It now 1st T3 rising has done, no point chasing high.

We have to patient for all it CW which going to expire soon on mid Nov.2012 ( there are alots , pls check uself ).

Once over, and it year end financial results which going to annource soon at end of Nov.2012 , hopes it will fly madly to recover above RM1.

Advice : Dont try contra , it will kill u until no road.

feigo

184 posts

Posted by feigo > 2012-11-02 12:46 | Report Abuse

U means call warrant? There is no any call warrants for this firms. Checked in latest annual reports and bursa web. Agree, dont contra.

sscheng

57 posts

Posted by sscheng > 2012-11-02 12:55 | Report Abuse

AMEDIA's Pivot Points for 02/11/2012:
R2=0.492, R1=0.458, Pivot=0.432, S1=0.398, S2=0.372.
It seem this morning cannot move above RM0.435, then it may pull back to S2=0.372 (to close the gap of RM0.375 to RM0.385 created between 30/10/2012 and 31/10/2012.)

lmf_hau

674 posts

Posted by lmf_hau > 2012-11-02 14:26 | Report Abuse

Sorry ,, this is comment to JCY , wrong section.

Posted by Buy & Sell Sell & Buy > 2012-11-02 21:14 | Report Abuse

Amedia is in dilemma. It either go up or dwn from now onwards. Hopefully it goes up.

ssrl

15 posts

Posted by ssrl > 2012-11-03 00:48 | Report Abuse

approval for warrant is out....it should go on monday..refer to bursa announcement

kahfai885

25 posts

Posted by kahfai885 > 2012-11-05 15:07 | Report Abuse

can enter now for possible rebound??

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-05 17:02 | Report Abuse

Broke 0.385 already

kuff_ng

42 posts

Posted by kuff_ng > 2012-11-05 18:12 | Report Abuse

means will drop further ?

Posted by Buy & Sell Sell & Buy > 2012-11-05 18:15 | Report Abuse

it will go down first b4 moving up, remember this mantra. My 1cent opinion.

feigo

184 posts

Posted by feigo > 2012-11-05 18:25 | Report Abuse

I think it will drop further. Many traders came into market during the sharp rise and now they are stucked. They are highly leveraged. I think force selling will depress the price some more.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-11-06 01:29 | Report Abuse

Amedia share price will drop to RM 0.375 to close the gap it formed few days ago and now the window will act as short term support.

atyl2000

30 posts

Posted by atyl2000 > 2012-11-06 10:52 | Report Abuse

any insider news on amedia or not

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-11-06 15:49 | Report Abuse

As predicted, the share price drop to Rm 0.375 and rebounded. Can this short term support hold ?

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-11-06 15:54 | Report Abuse

Force selling over, can Amedia close at Rm0.42 today according to insider news ?

hoohaa

307 posts

Posted by hoohaa > 2012-11-06 16:16 | Report Abuse

More interested in what will the price be before the announcement of the ex date for the bonus shares.

sscheng

57 posts

Posted by sscheng > 2012-11-06 16:58 | Report Abuse

Since the RM0.375 to RM0.385 gap I mentioned on 02/11/2012 is closed today at 9:42am, then it will re-test the resistant RM0.435 level again.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-11-06 16:59 | Report Abuse

Never close at Rm 0.42 , insider news is not accurate ( Bullshiting)

feigo

184 posts

Posted by feigo > 2012-11-06 17:54 | Report Abuse

Heavy selling when price climbs may be positive point. If there is good news released tomorrow, it really sucks. Previously price up two days before bonus approval. Now it up again - today the transacted shares is 12% out of total shares. Big volumn. Insiders really have information advantage.

atyl2000

30 posts

Posted by atyl2000 > 2012-11-07 09:35 | Report Abuse

how do we get insider information

sscheng

57 posts

Posted by sscheng > 2012-11-07 09:50 | Report Abuse

If RM0.420 level can break up now, then it may pullback to RM0.390 before swing up. CutLoss at RM0.370.

feigo

184 posts

Posted by feigo > 2012-11-07 14:11 | Report Abuse

some slightly big selling today but still keeping the price at 0.405. Also few big money buying in. Retails investors do not have this buying power. I suspect accumulating shares are on-going.

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-07 14:48 | Report Abuse

feigo: normally how to know they are accumulated enough?

atyl2000

30 posts

Posted by atyl2000 > 2012-11-07 15:14 | Report Abuse

is local fund accum or retails investor

sscheng

57 posts

Posted by sscheng > 2012-11-07 16:28 | Report Abuse

AMEDIA 5-days weighted average at RM0.395, it so shy to hit below RM0.390 at this moment, good chance to rebound.

feigo

184 posts

Posted by feigo > 2012-11-07 16:56 | Report Abuse

Diffucult to calculate. No one knows except those who are the buyers (and insiders). All of us are guessing on this. I just analyse base on data.

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-07 17:01 | Report Abuse

Thx bro.

investor77

783 posts

Posted by investor77 > 2012-11-07 20:01 | Report Abuse

Be careful. From Balance Sheet, they buy plants and equipments more than their revenue!

something fishy. Please read the blog. Receivables also increase. Just my opinion.

feigo

184 posts

Posted by feigo > 2012-11-07 21:21 | Report Abuse

Why increased receivables is a problems? Someone may view it as a result of increased of sales. The fact is the revenue has increased. I am nuetral about plants and equipment, without this, AMEDIA wont have growth. It is normal for high growth firm. If revenue decrease but asset increased, then it is a dangerous sign. This is based on my personal opinion. This does not means AMEDIA price wont go down.

Posted by Buy & Sell Sell & Buy > 2012-11-07 22:50 | Report Abuse

bro, increased receivables in economic dwnturn is not a good sign. Better be careful of amedia activities.

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-08 14:45 | Report Abuse

paper debts was collection problem izit or due to subsidiary interest

feigo

184 posts

Posted by feigo > 2012-11-09 14:49 | Report Abuse

Potential price increase today?

Posted by limgw1951i3i > 2012-11-10 07:32 | Report Abuse

ASIA MEDIA GROUP BERHAD
- NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM")
on 5/12/12

hoohaa

307 posts

Posted by hoohaa > 2012-11-12 10:39 | Report Abuse

whats the outcome from the EGM?

hoohaa

307 posts

Posted by hoohaa > 2012-11-12 10:41 | Report Abuse

plus, i'm more interested in their cash flow at the moment on how they are trying to please their shareholders and at the same time, aiming to grow

bingo

2,677 posts

Posted by bingo > 2012-11-13 19:08 | Report Abuse

2nd time goreng again to perhaps $1++ , will it??

Posted by Buy & Sell Sell & Buy > 2012-11-13 19:52 | Report Abuse

no 2nd time. Wait till Amedia listed at d mainboard,then it will b goreng up. For now,d price will consolidate at this price range.

Taugeh

671 posts

Posted by Taugeh > 2012-11-13 20:56 | Report Abuse

@ BSSB, when will AMEDIA be listed at D MB?

Thanks

Taugeh

671 posts

Posted by Taugeh > 2012-11-13 21:03 | Report Abuse

I'll say GPRO..when the Christian guys done dumping..then it will be up...up..how long can you hold? up 50% by next year...times will tell

Posted by Buy & Sell Sell & Buy > 2012-11-13 21:57 | Report Abuse

When Amedia listed at d mainboard? l hv no idea. But they will definitely giv bonus & free warrant. Who is that Christian guy?

Taugeh

671 posts

Posted by Taugeh > 2012-11-13 22:54 | Report Abuse

for GPRO (CHRISTIAN KWOK-LEUN YAU HEILESEN)...worth a try

If AMEDIA goes to MB, I can see it go so high and drop further..

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-14 16:33 | Report Abuse

DEAR BRO. when will the bonus issue done?

feigo

184 posts

Posted by feigo > 2012-11-14 20:12 | Report Abuse

Beg- Mid of DEC. Expect stronger support at the end of Nov.

dliew888

93 posts

Posted by dliew888 > 2012-11-15 06:13 | Report Abuse

My view is if it breaks below RM0.375 we should cut loss and get out.

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-11-15 07:55 | Report Abuse

Agreed, it might drop to Rm 0.33 soon. Watch out closely.

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