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How strong is the competition? Paticularly Malaysia’s Axiata (MYX: 6888), and Norway’s Telenor (NASDAQ:TELNF) ? Anyone can comment?
2 licence will go to foreign and 2 to local company. I am guessing Myanmar Golden Star could in some way get a local licence or play some part in the businese else why would it need consultancy service from Mdr. Anticipate more good news to come when details of the deal is announced.
jovenus ( Date: 02-Feb-2013 20:29) Posted:
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If Shares consolidation, can move to any price they like .
Best is create value from biz or deal making like takeover by bigger company or get new distribution right from Samsung.
Singapore's companies Singtel and Starhub had bidded for Myanmar license . So 50% chance for a Singapore telco to get a license.
Myanmar target telco penetration from 8% to 80% in 2016 .
" Bloomberg reports that at least four major telecoms firms are vying to be granted licenses to operate in the newly opened up Myanmar market. Singapore’s SingTel (SGX:T48) and Telemedia are in contention, along with Malaysia’s Axiata (MYX: 6888), and Norway’s Telenor (NASDAQ:TELNF).
Two licenses are up for grabs as Myanmar aims to get phone coverage in 80 percent of the country by 2016"
gufeng ( Date: 02-Feb-2013 17:53) Posted:
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Matter of time long term..If they need more capital & does another rights issue plus share consolidation then easily hit 10 cents short term.
doufei ( Date: 02-Feb-2013 16:17) Posted:
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Possible for mdr to move up to 10ct?
Especially, selling own end-to-end product , from own design, to manufacuring to own retail distributions.
gufeng ( Date: 02-Feb-2013 15:56) Posted:
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Selling accessories have a higher profit margin then handphone distribution.
jovenus ( Date: 02-Feb-2013 15:53) Posted:
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Don't care which phone is selling hot .
Just sell mobile accessories with customised Myanmar market design ,with the help of Golden Star's local market know-how and wide distribution channel.
gufeng ( Date: 02-Feb-2013 14:06) Posted:
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Yes!! Myanmar will be hungry for phone accesories when they open their telecom biz...mouth watering !!
jovenus ( Date: 02-Feb-2013 14:02) Posted:
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Not just only in accessories manufacuturing factory in China .
But also acquired Pixio Malaysia , in the business of providing design solutions for and digital printing of Out Of Home advertisements.
" Pixio is a company incorporated in Malaysia and in the business of providing design solutions for and digital printing of Out Of Home advertisements. "
With these two acquisitions:
Probably Pixio will provide the digital design for accessories manufacturing in China .
Then ,selling in MDR retail distribution channel in Sgp and in future , the red hot Myanmar frontier market.
This will forms a vertical end-to-end supply chain for the booming mobile accessories biz .
At the same time, MDR acquired Pixion's digital printing of Out Of Home advertisements biz with potentially further expansion into Singapore and Myanmar as new biz diversification !
gufeng ( Date: 02-Feb-2013 11:47) Posted:
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Lim Chin Tong sold 109 million of his mother share. He didnt convert his warrant to sell. He still holding to hundred millions of warrant. Maybe he thinks its time to take some profit off but we dont see him selling anymore since. As I said before, he sold the share for $2 million and he may convert all his warrant at $2.5 million to get back 10% share holding of Mdr.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_ADA2F3CA131674AF48257AF60029813A/
If Phillip Eng can buy at 0.018 then he sees Mdr can grow further. When Mdr was trading at $0.003, he bought all the access rights at $0.005 and now Mdr is trading at $0.02.
Listing ( Date: 02-Feb-2013 09:21) Posted:
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Makes perfect sense to own its accessories factory and sell them in Singapore and worldwide. Great move by Mdr!!
Wah... this time round really huat like siao di dong liao!
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F0D413BCFC80292248257B0500372DC5/$file/Memorandum_Of_Understanding.pdf?openelement
Wow..acquire business in China and Malaysia!! huat Ah!!!
Could u post the info on the boss selling his converted warrants and at what price...
Why would he convert the warrants and sell, cos he can only immediately sell at 0.019, when he can sell the warrants at 0.014 immediately ie don't need convert..
Phillip Eng the MD bot at 0.018 recently... I have not seen any announcement if him selling..
Why would he convert the warrants and sell, cos he can only immediately sell at 0.019, when he can sell the warrants at 0.014 immediately ie don't need convert..
Phillip Eng the MD bot at 0.018 recently... I have not seen any announcement if him selling..
ysh2006 ( Date: 02-Feb-2013 07:24) Posted:
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Said earlier - one SSH already run road. 2c is the mountain to clear, but if bo luck, then how? Cheonging in the other direction la. Unless another SSH comes along, it is very hard to breach this roadblock. Good luck to all. Happy speculating.
If BB want to fry last few days already do so ..the fact the boss himself sold the shares make us thinking he has no confidence in MDR shares, if he has (boss) he should wait longer not just convert wrt almost free and sell in open market to us ...Unless the boss himself buy again in open market at large volume than can regain our confidence of this shares ...
Lol in short its just promising wahaha
jovenus ( Date: 01-Feb-2013 19:37) Posted:
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Hope it can cheong pass 0.02 before CNY then everyone can huat year!