Sharing info: TIMECOM (5031) Capital Repayment of RM0.02 & Share Consolidation 5:1 Dear value customer, We would like to have your kind attention on the abovementioned corporate exercise by TIME DOTCOM BHD (TIMECOM/5031). Please be informed and take note of the event to avoid oversold position.
Beware of this share. EPF has sold shares recently just 3 days before the ex-date. Now, the shares keep on dropping and people would say due to Europe worries. However, the truth is the share has been pushed down earlier which starts on 8th may 2012. The evidence is as attached from the Star.
Recent Change of Share Holdings Announcements
Announcement Date Date of Change Shrs Acquired/ (Disposed) Director/Substantial Shareholder Shrs Held After Change 16-May-12 08-May-12 (1,500,000) Kumpulan Wang Persaraan (Diperbadankan) 187,359,340 21-Feb-12 16-Feb-12 (91,200) Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") 188,859,340 26-Jan-12 10-Jan-12 2,220,300 Kumpulan Wang Persaraan (Diperbadankan) 188,950,540 08-Aug-11 02-Aug-11 312,458,851 Khazanah Nasional Berhad 1,072,668,677 05-Aug-11 02-Aug-11 (626,181,720) 312,458,851 UEM Group Berhad 312,458,851 03-Aug-11 02-Aug-11 (626,181,720) Khazanah Nasional Berhad 760,209,826 02-Aug-11 01-Jan-00 (626,181,720) TIME Engineering Berhad ("TEB") 0 06-Jul-11 30-Jun-11 (100,000) Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") 186,730,240 24-Jun-11 21-Jun-11 (1,000,000) Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") 187,600,240
Not surprising today it dropped by 16 cent. I guess next week will down to 2.50. EPF wants to make profit by buying the shares later. It will takes longer time to rise back. I have experienced gain on Gamuda share. The share drop badly till end Sept 2011 and rise back after good Q result announcement. From my past experienced, that's the way they making profit. Sell bit by bit so that the price goes down and buy back with high volume at cheapest money. So goes to BN cronies, money gain use for PRU 13 campaign la! Very obvious to other stock as well.
As expected, Timecom rises sharply. If analyst recent record, EPF is selling and Khazanah is buying. So, Khazanah & EPF manipulate the share prices. Below is the evidence.
Announcement Date Date of Change Shrs Acquired/ (Disposed) Director/Substantial Shareholder Shrs Held After Change 30-May-12 24-May-12 (443,700) Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") 36,102,348 30-May-12 25-May-12 (692,500) Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") 35,409,848 24-May-12 17-May-12 31,539,606 Khazanah Nasional Berhad 246,073,341 23-May-12 15-May-12 Khazanah Nasional Berhad 214,533,735 23-May-12 17-May-12 (75,100) Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") 36,896,768 23-May-12 17-May-12 24,831,363 Afzal Bin Abdul Rahim 205,605,722
This share prices will increase in short term could be another 2 -3 months times and fall back later. Very obvious the game begin last week and today trading just 587.9 lors but the prices went up by 11 cents.
is there any announcement of dividen or capital distribution expected recently ? because i receive e-dividen from timecom last few day.or is it normal after share consolidation (i hold the shares before the announcement for share consolidation).
I received a cheque today due to Its capital repayment of RM0.02 per share. Khazanah / EPF will use the money they got to push the price goes higher. Based from my past analyst, Khazanah bought Timecom share a lot at the average price of 69 cent last year.
Currently, the price of RM3.15 cent is equivalent to 63 cent before capital repayment exercise took place.So, what will Khazanah do ? They will use the money gain to increase the no. of shares and push the prices higher that RM3.60.
What will they gain ? They will gain extra no. of shares and got higher prices as well.
This is the game they play before to TM. TM has several times doing capital repayment and look at their price after certain period of time. It's went up again..
Roof, I want to share with you something. Do you notice despite many investors worry about Europe recession and is believe worst is down the road, however TIMECOM share still goes higher and higher. Let's compare other shares such as BENALEC and MALTON. Although reported good earning as well, their shares does not go high but stagnant.
This shows obviously TIMECOM is now supporting by KHAZANAH & EPF and KHAZANAH will only gain profit when the price cross-over RM3.60. So, let's the price manipulating going higher by KHAZANAH & EPF.
We are lucky because TIMECOM shares has been manipulated and went up during this time of Europe recession. Otherwise, just watching price goes down but can't do anything. Kah Kah Kah..
Wow. Already cross-over RM3.60 today. Never expected rise sharply in a day. If trend like this continue then it could touch RM4.00 in coming weeks. Supported by Khazanah. Ha..ha.
Yahuuu. Share rises again and up by 21 cent to close RM3.59. Today high buy trading in the last last minutes of closing bell shows next week will be another round of uptrend. Read yesterday news and you all will find-out why today share prices up by 21 cent.
To invest MYR144m in APG. Time Dotcom Bhd estimates its total investment in the Asia-Pacific Gateway submarine cable system, including the Malaysian Cable landing station, at MYR144m. It was said that the construction of the APG will commence in the second half of this year and is targeted for completion by 2014.
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....
plydeus
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Posted by plydeus > 2011-10-28 10:53 | Report Abuse
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