That's exactly what I have been trying to tell forum members. C-class executives dumping their stock compensation every few months. Exercise options then dump shares converted
Local and foreign institutions will slowly dump their shares to sovereign wealth funds and retirement funds. They will become the bagholders together with retail investors.
TIME DOTCOM: A TELCO COUNTER WITH RISING PROFITS AND SHARE PRICE, IS IT WORTHY TO BE INVESTED? TIME DOTCOM BERHAD 2021 ANNUAL REPORT ANALYSIS https://youtu.be/vhxPXa3H35I
TIME Dotcom Bhd's (TDC) recent brand revitalisation could draw in more customers to its fibre broadband services, which are considered an essential utility post-pandemic, opines RHB Research.
According to the research firm, TDC hired renowned local graffiti artist Loo Lok Chern (popularly known as Cloakwork) for its recent brand revitalisation exercise, which introduced new marketing and communication visuals that were "cheeky, bold and fun".
"The new identity was unveiled together with the launch of its 2Gbps FBB service, the fastest in the market.
Meanwhile, the research house also expects the recent access agreement with U Mobile to further strengthen TDC's wholesale business, which continues to yield the ehighest margin within the group.
On the group's data centre expansion, RHB said its purpose-built Cyberjaya centre, AIMS@CJ, should be completed by end-2023.
It added that TDC has secured commitments from existing and new customers for the upcoming second downtown data centre (previously Bangunan KWSP).
Malaysian telecoms firm TIME dotCom said on Tuesday it would divest its RM3.2bil (US$699.45mil) AIMS Group data centre business to U.S infrastructure investor DigitalBridge.
Under the partnership, TIME will sell 49% of the ordinary shares and 100% of the irredeemable convertible preference shares in AIMS Data Centre Holding, and 21% of the ordinary shares in AIMS Data Centre (Thailand), according to a joint statement.
Proceeds from the transaction of some RM2bil will partly be used to pay a special dividend of up to RM1bil to TIME's shareholders, TIME's commander in chief Afzal Abdul Rahim said in the statement. - Reuters
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....
PassionateInvestor
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Posted by PassionateInvestor > 2022-03-25 12:03 | Report Abuse
@investortrader88 possible dividend windfall if the deal got through?