Green Packet Bhd. (GRPB), a Malaysian wireless Internet services provider, rose the most in more than 16 months after saying it may begin high-speed broadband and possibly online television operations by the first quarter of next year.

Its shares gained 6.9 percent to 69.5 sen in Kuala Lumpur trading at 9:34 a.m. local time, set for their biggest increase since May 27, 2010.

(source bloomberg)

watch this one, for turn around in earnings, technical surge : expected RM 0.80, channel between RM0.50 to RM 0.75??

Dato' Kamarudin bin Meranun now have 24.26% shares in AirAsia (direct and indirect interests)

Nature of interest	Direct and Indirect
Direct (units)	2,292,900
Direct (%)	0.08
Indirect/deemed interest (units)	674,408,382
Indirect/deemed interest (%)	24.26
Total no of securities after change	676,701,282

Details

Name & address of registered holder

Direct:- 1) Dato’ Kamarudin Bin Meranun – 2,292,900 Indirect:- 1) Tune Air Sdn Bhd – 210,358,930 2) ECML Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (001) – 89,649,452 3) HSBC Nominees (Tempatan) Sdn Bhd - Credit Suisse HK for Tune Air Sdn Bhd - 188,000,000 4) Maybank Nominees (Tempatan) Sdn Bhd - Kuwait Finance House (Malaysia) Berhad for Tune Air Sdn Bhd (Tony Fernandes) - 35,100,000 5) Citigroup Nominees (Tempatan) Sdn Bhd – Pledged Securities Account – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CB SG)– 31,500,000 6) Citigroup Nominees (Tempatan) Sdn Bhd – Bank Julius Baer & Co Ltd for Tune Air Sdn Bhd (CBSG)– 18,000,000 7) Cimsec Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Tune Air Sdn Bhd (EDG&GCM) - 68,000,000 8) Tune Group Sdn Bhd - 33,800,000

Taking over the AirAsia?
(Source Bursa KL)

Daily Brief 16&17 Oct 2012

* Air Asia's deal to acquire Batavia Air were called off. Original deal USD 80 million, to acquire 49% of Batavia Air, including flight school.
- Plan on IPO of Air Asia Indonesia is still on.

* Maybank intend to be ASEAN leader. Open branch in Beijing. Operational profit reaped first in Singapore, second in India, third in China.
Another one branch will be openned in Vietnam

*Petronas (Malaysia) looking for cooperation with Oil & Natural GAs Corp Ltd (India) for exploration in third world  countries.

*Thomas mielka: By year 2020 the world need cooking oil 78 million tonnes. in Year 2012 production CPO
52  million tonnes total:- of which 26 m (Indonesia) and 18.5m (malaysia).

*US retail sales up 1.1%

KDNK Malaysia USD287.92 billion Jumlah Dagangan USD 414.7b in 2011. for 2012 up by 4.5% to 5%

RHB - customer 2.7m. Mudah alih (2011) 450K dan (2012) 850K.

TimeDotcom
Time & SH Tech provide fibre optic cable to Putrajaya 3000++ hektare.
100 mbps, iptv, Astro, Voice. 3300 residential and 1400 commercial

Stock to watch

old one in May stock to watch

KLCI closing week 8-12 oct

KLCI down 6++ points more reports here

Dividend stocks?

The lower the price goes the more attractive Dividend yield, temporary illusive value.
We got to see what future Dividend payout. if the company makes better earnings, then it's time to grab more shares, or averaging down eh?

VV when price goes up, the yield goes down. Just calculate your capital return, if it's far more better then the yield in term of %, then chow, why wait for dividend. we can always buy back, when it retraced. Malaysian Div Yield not tht attractive ain't it?

litle food for thought here

Insurance: AIA acquire ING

USD1.73b (RM5.3b) - AIA market share will be 24.8%. ING own 60% of ING takaful Ehsan.
after deal: total agents 16,600 (from 7,400).

Banassurance with Public Bank.
AIA will be #2 increase fr 1% to 14% BA.

ING will get EUR1.3b with profit EUR 780m

ING book value only EUR600m (purchase price 2.2 times)
2011 earnings (purchase pr 16.9 times)

Daily Brief Oct 12, 2012

Daily Brief:: Oil Palm Industry

Facts:  Total planted area = 5 million hectares, Export Earnings RM83.4 billion.
90%+ production exported ==> RM59.8 billion of forex in 2010.
world population 9 billion need food.
10th M'sia Plan >> Palm oil GDP RM21.9b, RM69.3 b export earnings, Msia as global hub for Palm Oil.