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Thanks someone in this forum saying not in talk for Japan. This clarified it. Appreciated.
tormater ( Date: 19-Aug-2014 09:43) Posted:
http://www.shareinvestor.com/news/news.html?source=si_express&nid=92229
Note that it is clarifying not in talk with universal studio for partnership in Japan casino. It does not say it will not be bidding. The management clearly indicated they are eyeing for it during earning report.
yummygd ( Date: 19-Aug-2014 09:19) Posted:
| Where is e info that Genting not trying for Japan? I cant find. I think is a fake rumour . |
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Where is e info that Genting not trying for Japan? I cant find. I think is a fake rumour .
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http://in.mobile.reuters.com/article/idINL4N0QK40O20140814?irpc=932
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Thanks!
gufeng ( Date: 14-Aug-2014 12:42) Posted:
As what the CEO say, its a milestone they have clinched the Ooredoo business. This gives them advantages in Myanmar as they establish contacts and relation with all dealers/shops/phone manufacturer. They have also already established distribution network throughout Myanmar through their Nokia Myanmar. All these will give them more power in clinching bigger retail/service contracts which they are still negotiating.
Now I will try to convert my warrant to shares and see how mDR going to consolidate the shares.
gufeng ( Date: 14-Aug-2014 12:21) Posted:
When they take over Shenzhen Quanli, part of the deal is buying a customer list from them. This is the amortization charge. You will see this charge in every quarter result for 36 months.
Retail business is bad in Singapore coupled with high rental and staff cost, it almost not profitable for mDR here. They are negotiating with manufacturer for better pricing.
Thats the reason they are expanding business away from Singapore in Pixio/Quanli/Myanmar. They are employing aggressively in Myanmar now as business will accelerate in this few years.
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Gufeng sorry amortization charge is for e expansion right? So in actual fact the company is profitable but just cause its expanding thats why expenses r higher? Am i wrong?
gufeng ( Date: 13-Aug-2014 20:11) Posted:
mDR second quarter result. Result as expect and glad it didnt make larger loss. Some hints in red on where the expansion will come from.
http://infopub.sgx.com/FileOpen/2Q2014_Results.ashx?App=Announcement& FileID=309749
The Group registered losses of $0.3 million and $0.4 million for 2Q-14 and YTD-14 respectively, compared to
profits of $0.5 million and $1.4 million for the respective corresponding periods in 2013.
Excluding the amortization charge, the Group would be profitable at $0.1 million and $0.2 million for 2Q-14 and
YTD-14 respectively at the operating level.
The DPAS segment is a profitable business segment for the Group, and efforts are being made to increase
DPAS&rsquo contributions to the Group.
MDR Golden is one of two prepaid cards distributors appointed by Ooredoo in Mandalay, and one of six distributors appointed by
Ooredoo nationwide. MDR Golden&rsquo s assigned territory in the 22 townships in Mandalay has an estimated
population size of 4.5 million, compared with an overall population size of about 6.5 million for the Mandalay
region of Myanmar.
The Group will strive to grow its Myanmar operations, not only in the prepaid cards business, but also in the emerging devices and accessories
retail and distribution businesses, which are expected to accelerate upon the full scale rollout of wireless
telecommunication services by the two foreign operators Ooredoo and Telenor.
gufeng ( Date: 13-Aug-2014 12:18) Posted:
The myanmar gov delayed for at least 6 months to award the teleco license this year Jan. Ooredoo only started selling sim card this Aug so at least 2 years from now for mDR to mature. Should start seeing gradual growth next quarter onwards.
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Good job adv sct!
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Share price not moving. With such prospect this is not moving at all. Either everyone is waiting to see e actual earnings or we r one of e supers who see a gem n e rest r blind lol . I can only hope lol
gufeng ( Date: 30-Jul-2014 21:20) Posted:
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Day three of having high volume. Accumulating at 0.009?
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Market doesnt seem to recognise the plus of yesterday's news. Guess they need e actual profit for them to realise it.
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wow im reading the link now 6 companies signed and exclusive territory specific distributor. im so excited for tom opening
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any other company got the distribution rights also? impossible just mdr right
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ALRIGHT!! Thanks gufeng u were right!!! damn!!
Intercept ( Date: 21-Jul-2014 19:17) Posted:
Bro gufeng, hope the price will cheong past 1ct tomorrow. Have been very patient with this baby. Hehe
gufeng ( Date: 21-Jul-2014 19:02) Posted:
| The Board of Directors of mDR Limited (the "Company") wishes to announce that MDR Golden Myanmar Sea Company Limited ("MDR Golden"), the business partner of the Company's subsidiary, MDR Myanmar Company, Limited ("MDR Myanmar") has executed a 3-year Distribution Agreement with Ooredoo Myanmar Limited ("Ooredoo"), to distribute SIM cards, top up cards and such other telecommunication services related products in 22 townships within the region of Mandalay, Myanmar.
Ooredoo is one of the two foreign telecommunication operators who have signed a nationwide telecommunication licence agreement with the Myanmar Government early this year. The rollout of mobile communication services by Ooredoo is expected by August 2014.
MDR Golden is proud to partner Ooredoo in its commitment to deliver a world-class mobile communication network and services to the people of Myanmar, and looks forward to a mutually beneficial business relationship that will grow alongside the rapid development of the telecommunication industry in Myanmar in the near future.
MDR Myanmar provides consultancy and retail franchisee procurement services to MDR Golden. The appointment of MDR Golden as a distributor of Ooredoo s products will assist MDR Golden in making inroads into the untapped telecommunications market with significant growth potential in Myanmar. |
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but one thing about buying this counter....as long as u are able to hold...with Indo as our neighbour....no worries.... sure give us jiat lat jiat lat once in a few years.
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08 buy Q has increase... 09 sell Q has decrease. think all waiting for Sept to move. hopefully moving soon.
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neck very long lol im Qin at 2 cent for max profit....waiting waiting. is a win lots or lose all situation but Management is proving to be working
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den must be lost alot or short this counter with ur constant upset at this counter. either way still very cute
i_love_girls ( Date: 02-Jul-2014 08:45) Posted:
How do you know whether I am still holding on it? That's the point
yummygd ( Date: 02-Jul-2014 08:36) Posted:
if u are so sure why r u still holding onto this fairytale? first time see someone so sure n still holding. u really damn cute.
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if u are so sure why r u still holding onto this fairytale? first time see someone so sure n still holding. u really damn cute.
i_love_girls ( Date: 02-Jul-2014 08:30) Posted:
Ya! Don listen to the fairy tale at the moment! Downright naive
tormater ( Date: 02-Jul-2014 07:53) Posted:
| Today will go up a bit and I am ready to offload. Pissed off. |
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hahahahaha good one
spore1 ( Date: 01-Jul-2014 21:22) Posted:
it will go up when you let go...
i_love_girls ( Date: 30-Jun-2014 14:42) Posted:
| I hope I can be proven wrong! : |
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just my point of view. this counter up mainly on sale of mask n the reason it rallied before was because of the haze season. Update from the psi singapore is important for the rallying of this counter. As of now Indonesia seems to have very very little hotspot. unless they start burning again chances of this counter running is low. though not totally impossible since if a BB want it to run it will run. but as of now judging by the hotspot n haze situation alone...currently might not be such a good time to buy this counter. Anyways im always wrong so good luck to all still holding,
khairsy ( Date: 01-Jul-2014 10:54) Posted:
Bro Iso...will it go up towards 9cts still?
khairsy ( Date: 01-Jul-2014 08:50) Posted:
anyone on views on Medtec? Will it go up ?
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theres always next year lol
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