Monday, 31 December 2012

KLCI ends all-time high for year 2012

Surprisingly, today KLCI index last minute out perform with jump up to close 1688.95 points for the last trading day before end year 2012.  Good job KLCI!

Last day of 2012

Today is 31st of December 2012.  Time is flying fast.  It's going to end year 2012.  Before welcoming the new year 2013, enjoy the last day.  Spend time wisely.  Happy day!

Sunday, 30 December 2012

RM 8 nett buffet

Starbucks Buy 1 Free 1 at Drive-Thru Tanjung Tokong

Starbucks Drive-Thru Tanjung Tokong

Start Date: 
Friday, December 28, 2012 (All day)

End Date: 
Monday, December 31, 2012 (All day)

Buy 1 Hojicha Frappuccino and get another free

Saturday, 29 December 2012

DiGi to expand network further

DIGI.COM Bhd, which has invested RM700mil to RM750mil on its telecommunication network this year, will further beef up its investment next year partly to drive its marketing ambitions to spur its mobile Internet business.

DiGi Telecommunications Sdn Bhd chief marketing officer Albern Murty says this will involve segmenting the customers and providing different packages to meet their needs.

“The investment of between RM700mil and RM750mil this year is part of our telecommunication network investment to provide customers with better Internet experience and to differentiate ourselves from other telco players in the market. We will continue to upgrade the company's network for better speed and data, including long-term evolution or 4G services, in 2013.

“Today, we have 3G sites covering about 60% of the population, and DiGi hopes to push it to about 70% in the first half of next year. For data, the coverage is about 95% of the population, including both 2G and 3G sites,'' he tells StarBizWeek in a recent interview.

For prepaid customers, he says, it plans to continue delivering “Internet for All” by providing the right plans for the different needs in the market, and build with Internet, among others. For postpaid, DiGi will focus on mobile Internet services, smartphones and roaming offerings.

Besides providing data access, Murty says the company will roll out packages with competitive pricing to various segments of the market that will involve both “above-the-line” and “below-the-line” campaigns regardless of the technology being deployed.

Among the successful mobile Internet campaigns rolled out by the company this year were the postpaid plan that offered unlimited Internet roaming at a flat rate when roaming in certain countries and the lowest tablet plans in the market at RM15 a month with Internet quota of 500MB for postpaid customers.

Its data revenue grew by 3.4% in the third quarter of this year compared with the second quarter (of this year) driven by strong mobile Internet usage, aided by higher take-up of its DG Smart Plans and smartphone bundles.

For prepaid users, one of the successful ones is the DiGi Easy Prepaid's Refreshed its Buddyz proposition that includes 24-hour free calls, SMS to three Buddyz and free Facebook access. DiGi is the only mobile operator to offer free FB access to prepaid and postpaid customers via Opera Mini browser.

According to Murty, plans are underway to expand the number of DiGi stores nationwide next year as part of company's strategy to meet the greater demand and needs of customers.

He says it plans to invest close to RM30mil in upgrading internal systems and building new retail outlets. By end of next year, he adds, there will be between 25 and 30 DiGi Stores and 120 and 150 DiGi Store Express. By end of 2012, he says the company targets to have 22 DiGi Stores and 50 DiGi Store Express.

Dakasi Buy 1 Free 1 Signature Pearl Milk Tea Opening Deal

Dakasi outlet LG101, Queensbay Mall, Penang

04-646 8888

Dakasi Milk Tea is offering Buy One and Get one Signature Pearl Milk tea for FREE.
The outlet is celebrating grand opening on 30th December 2012 (Sunday) at 11.30AM

Promotion Period:
27 December 2012 – 2 January 2013.

Business Hour:
10:30 AM – 10:00 PM

Promotion is limited to first 100 customers daily.
Valid while stock last.
Others terms & conditions apply.

Thursday, 27 December 2012

IKEA RM100 Gift Card Giveaway and LJUSA hand-driven LED torch

IKEA store

Recycle your Christmas Tree with Ikea and get RM100 IKEA Gift Card and a LJUSA hand-driven LED torch for FREE

Redemption period:
26th December 2012 - 6th January 2013

Terms and conditions:
Limited to first 100 customers only. While stocks last.

Tuesday, 25 December 2012

Basic Saving Account Comparison


Based on the table above, Affin offer the most attractive interest rate for basic saving account by comparing their minimum rate respectively.  Then, it's followed by CIMB and Maybank.  CIMB have been revised their rate as previous min rate is 1.15% p.a..

Sunday, 23 December 2012

The Manhattan FISH MARKET Festival Special

All MFM restaurant

Experience something special with The Manhattan FISH MARKET these festive holidays.

a) Get a FREE Side Salad with every purchase of main course from Reel-icious Selections.
b) Order 1 Mocktail and get a FREE Citrus Sundae worth RM 3.90 on us.

Terms & Conditions:
- Valid for dine in only.
- Promotion valid from 17th December – 1st January 2013.
- A FREE side salad would be given with every purchase of a main course from the “Reel-icious” Selections.
- A FREE citrus sundae would be given wuth every purchase of a mocktail.
- Images shown are for illustration purposes only.
- The Manhattan FISH MARKET Malaysia reserves the right to change the terms and conditions without prior notice.
- Other terms and conditions apply.

XOX-XinXun Free High Speed Internet Pack

XOX-XinXun is giving away High Speed Internet Pack (up to 3.5 mbps, Free 100mb) and delivering it to your doorstep for Free.
This deal is exclusively for Facebook Fans and Jaya One Participants.

Follow the steps below and get the High Speed Internet Pack for free:
For Facebook Fans
- Like this post
- Share it with the comment “I Love @xoxmalaysia High Speed Internet!”
- Visit here and fill in your details (Name, IC Number, Email and shipping address)
For Jaya 1 / Onground Participants
- Scan the QR code at the lift door
- Like and share this post with comment ”I Love @xoxmalaysia High Speed Internet!”
- Go to Office @ Level 3, Block B, Jaya One and redeem for the Free High Speed Internet Pack

The offer is valid while stock last.

Terms and conditions apply.

AirAsia gets first Airbus A320 with sharklets

TOULOUSE (FRANCE): AirAsia Bhd today took delivery of its first Airbus A320 aircraft installed with the sharklet wing tips.

It is also the first operator of the new fuel-saving large wing tip devices.

AirAsia Chief Executive Officer Aireen Omar said the new sharklets, which cut fuel bills by four per cent, will enable the budget carrier to optimise costs, in a time of high fuel price.

This savings, she added, might be translated to even lower fares for AirAsia's customers.

She said the sharklet wing tips will also be fitted on previously ordered, newly-built Airbus A320's for AirAsia.

"These newly designed wing-tip devices reduce fuel burn and emissions by improving the aerodynamics of the aircraft significantly," she told reporters after receiving the new Airbus A320 at the Airbus Delivery Centre in Toulouse,
France, here today.

Also present to hand over the aircraft was Airbus Chief Operating Officer for Customers, John Leahy.

The new Airbus A320 is AirAsia Group's 115th aircraft and will be
used to serve the routes plied by AirAsia Malaysia.

The Airbus A320 with Sharklets will offer the flexibility of either adding around 100 nautical miles more range or allowing increased payload capability of up to 450 kilogrammes.

"Cost is always a key focus for AirAsia Group which has seen other key initiatives throughout the year, such as our recent relocation of operations in Thailand to a dedicated low cost terminal," Aireen said.

The AirAsia Group across Malaysia, Indonesia, Thailand, the Philippines and Japan, utilises a 100 per cent Airbus A320 fleet, and there are 33 more aircraft expected to be delivered to the AirAsia Group in the various countries next year.

AirAsia also recently announced a firm order of an additional 100 Airbus A320 aircraft, including 36 A320ceo (current engine option), with Sharklets.

Altogether, AirAsia has ordered 475 single aisle aircraft from Airbus, comprising 264 A320neo (new engine options) and 211 A320ceo.

Additional delivery slots for these aircraft are scheduled up to 2021. -- BERNAMA

Read more: AirAsia gets first Airbus A320 with sharklets


wow...4% fuel cut for the new Airbus A320 with sharklets...hope this will translate into their earning.

Friday, 21 December 2012


Today is winter solstice + doomsday! 
Do you believe doomsday?  To me, I don't really believe that...hihi
By the way, enjoy your weekend!

Thursday, 20 December 2012

The Body Shop FREE Moisture White BB Cream Sample Giveaway

Calling all The Body Shop i-Phone users! Download Sale Alert and ENJOY a FREE Moisture White BB Cram Sachet with a 20% discount voucher.

Download the app to your phone today to enjoy this offer and be in the know of the latest The Body Shop sales at our stores.

DiGi to focus on mobile business for now

KUALA LUMPUR: DiGi.Com Bhd, the country's third largest mobile operator with more than 10 million customers, said it will focus on growing its mobile business and has no immediate plans to go into the fixed-line broadband services.

"It's a matter of priority. We believe the mobile space still has plenty of opportunities. Over the near-term, I do not foresee us going into that (fixed-lined broadband) business," DiGi chief executive officer Henrik Clausen told Business Times.

Currently, there are only a few players offering high-speed fixed-line broadband services in the country and they include Telekom Malaysia Bhd, Maxis Bhd and Packet One Networks Sdn Bhd.

Celcom Axiata Bhd, the country's second largest mobile operator, has voiced its interests to offer such services in the near-term.

It is understandable why mobile operators are interested in offering fixed-line broadband services - it can help to boost the operators' revenue stream and retain the customers through the offering of more services in bundled packages.

"It's not that customers will want to buy everything from one provider. At the end of the day, customers will go for the best provider for those particular services. We believe that we need to be the best in what we are doing and the best thing we can do is to deliver the best data experience," said Clausen.

"That's our differentiator."

Today, about half of DiGi's customer base are active data users. (What this means is that the customers use data services at least once a month).

On top of that, about 24 per cent of its customers are using a smartphone.

"In two to three years, we will approach a 50 per cent smartphone penetration rate in Malaysia," said Clausen, who added that he would not be surprised if half of DiGi's customer base are smartphone users by then.

The growth in the smartphone user base, driven mainly by the increasing number of available models as well as lower prices, is critical to DiGi's future revenue growth - as in most cases, smartphone users spend more each month.

In DiGi's case, its smartphone customers tend to spend about RM30 to RM40 more each month, compared to customers using the normal feature phones.

"With this growth in mind, it is critical that we give the best experience to our customers. Therefore, part of our strategy is to develop packages that are right for them.

"We have a full range of packages. Some allow our customers to try the data services for a limited time, such as daily packages. This prevents them from getting a bill shock," said Clausen.

"When they are more familiar with the data services, then they can sign up for the monthly packages," he added.

Read more: DiGi to focus on mobile business for now


I agreed with what Clausen said, i.e. focus on quality is better than quantity.

Credit Suisse: Airasia a good oversold stock to buy

Tuesday, 18 December 2012

AirAsia aims for 60-70 million passengers a year, from current 36 million

BROUGHTON: AirAsia Group, which is buying 100 more Airbus aircraft valued at US$9.4bil as it transforms into an Asian airline, sees the potential to achieve the target of between 60 million and 70 million passengers.

AirAsia group chief executive officer Tan Sri Tony Fernandes said the low-cost carrier was in a fantastic part of the world, especially in South-East Asia.

“Ten years ago, we had 200,000 passengers. This year, we are carrying 36 million. The potential to go to 60 million and 70 million passengers is within easy reach,” he said during a recent visit to Broughton in Britain where he signed a deal with Airbus to buy the aircraft from Airbus in the presence of British Prime Minister David Cameron.

“We want air travel to be affordable and make Asia a smaller place by making it accessible. We want to bring people to Asia where they never thought of going at fares they never thought would be there,” he said.

Fernandes said 50% of AirAsia's destinations are those which had not been served by airlines. It has been able to open new routes and destinations.

“My ambition is that one day AirAsia will be as well-known as Coca-Cola that would be cool. That would be a massive task but if you

don't have ambition, you won't get anywhere,” he said.

To recap, the 100 Airbus A320s consist of 36 with the current engine option and 64 with the new engine option. With the latest orders, the low-cost carrier has ordered 475 single-aisle aircraft from Airbus, comprising 264 A320 new engine options and 211 A320 current engine option.

The contract reaffirms AirAsia, Asia's largest low-cost carrier, as the world's largest A320 customer. Fernandes said aircraft demand was very strong, so AirAsia had to move forward its orders to cope with demand. “We had to fill in back orders for 2013, 2014 and 2016 when the new engine options come out,” he said.

He added that AirAsia group was looking at options of either buying or leasing, but his view was that it was better to buy the aircraft.

By 2026, AirAsia would have received 475 aircraft and Fernandes does not think the 100 planes would be the last order.

“Many of our new aircraft will go to replace the first ones in 2005. By 2017, they will be about 12 years old. While it seems a huge order, I think we will be back in the market at some stage because the demand is large,” he said.

Fernandes said size was important for a low-cost carrier and Airbus had a very strong working relationship with AirAsia's engineering team on how best to utilise the aircraft including having more seats.

On financing for the 100 aircraft and whether AirAsia would look into a rights issue, he said there would not be any need to look into any rights issues.

We will fund this by our cash and our debt. And our gearing level will remain the same. Our cash is really very strong at the moment. Four years ago, our gearing was at four times. Now our gearing is one time. For any airline growing such like us, that is unheard of,” he pointed out.

In the third quarter ended Sept 30, 2012, AirAsia Bhd had RM2.2bil in cash and bank balances with net gearing reduced to 1.03 times this quarter (net gearing was reported at 1.10 times in quarter two).

Fernandes said AirAsia was now in a position to reward shareholders with dividends after its “fantastic growth rate”. “We now have cash generating capability and these aircraft do not require any further shareholders funding,” he said.

Asked to comment that the share price recently hit fresh 52-week lows and trading a very low price-to-earnings, he said there was an overhang from news about Malindo Air starting operations in Malaysia.

“People have over-reacted. All kinds of crazy thing have come out from there but we have been there before,” he said.

He said AirAsia had always grown margins with record profits and it was making headway into Indonesia where it is much smaller than Lion Air.

“The (AirAsia) share price will go down and go up. As long as you keep delivering earnings, people will re-believe in us. It is frustrating for us. We hope they (Malindo Air) will launch quickly and get over and done with it,” he said.

Asked whether AirAsia Bhd's share price was recently suppressed by expectations that it could be excluded from the 30-stock FBM KLCI, he said he was unaware of it.

AirAsia Group's Datuk Kamarudin Meranun explained this would take effect on Dec 24, but “purely due to market capitalisation”. “It has nothing to do with performance,” said Kamarudin. AirAsia and Malaysia Marine and Heavy Engineering Bhd (MMHE) are likely to be replaced by Astro Malaysia Holdings Bhd and Felda Global Ventures Holdings Bhd.

Asked if AirAsia was talking to fund managers that though the share price had recently declined, the fundamentals remained very strong, Fernandes said:

“We are buying our shares back. We believe in it and we are putting the money where our mouth is.”

“But proof is in the numbers. We are the most profitable airline in the world. No airline delivered 17% margins with oil price (jet fuel) at US$130.

Yes Yogurt Free RM5 Voucher Deal

All Yes Yogurt outlets in Malaysia

Get your Free voucher worth RM5 with every purchase of RM15 and above deal in celebrating 1st anniversary promotion.

Promotion Period:
16 December 2012 – 31 January 2013

Terms & Conditions apply.
Visit store for further details.

Baskin Robbins FREE Upsize Ice-Cream

ALL Baskin-Robbins Malaysia stores

Baskin Robbins Ice-Cream FREE UPSIZE with purchase of Double Junior scoop ice-cream

Promotion period: 
10am - 3pm daily (Till 31st December 2013)

Terms and conditions:
Not valid with other concurrent promotions and credit card/loyalty card privileges.
Valid with purchase of Double Junior Scoop in cup or cone.

AirAsia X CEO: No intention to mislead in website pricing

KUALA LUMPUR: AirAsia X has stated it had no intention to mislead in the website pricing though it acknowledged there was a technical breach, resulting it being fined A$200,000 by the Federal Court in Melbourne.

AirAsia X CEO Azran Osman-Rani said on Tuesday pointed out the Australian court's fine of A$200,000 compared to the range of A$520,000 to A$650,000 sought by the Australian Consumer and Competition Commission (ACCC) "reflects the Court's acknowledgement of the lack of any intention to mislead on the part of AirAsia".

Below is the statement issued by AirAsia X:


In response to the news published on the fine imposed by the Federal Court in Melbourne against AirAsia for contravening the single pricing provision of the Australian Consumer Law, Azran Osman-Rani, CEO of AirAsia X, the airline operating into Australia commented,

"The Court Judgment in this matter reflects that there was no intention to mislead at any time, and that no consumer was misled or had suffered any economic loss as a result of this inadvertence, and that AirAsia had been cooperative throughout. In addition, AirAsia had facilitated a speedy hearing and had also pleaded no contest to a technical breach."

"The fine of A$200,000 imposed as compared to the range of A$520,000 to A$650,000 sought by the ACCC reflects the Court's acknowledgement of the lack of any intention to mislead on the part of AirAsia."

"Nevertheless AirAsia X understands the importance of providing consumers with 'all-in' pricing and we remain fully committed towards displaying all-in fares on our website. We wish to highlight that all of our advertising has always been on the basis of all-in fares which are inclusive of taxes and other mandatory charges."

"These legal proceedings are related only to fare displays on the website for a limited number of 'Fly-Thru' routes which were newly added to our network in 2011. The fares in question were manually entered and we took immediate steps to rectify this unintentional oversight, as soon as we were made aware of the same."

"The process of adding new routes and displaying fares on has now been rectified and automated to prevent future recurrence. The airline notes the importance of all-inclusive pricing and of ensuring the accuracy of how the fare is prominently displayed."

Note: The salient terms of the judgment are as follows: * AirAsia was charged under s48(1) of the Australian Consumer Law of not specifying in a prominent way a single figure the price of its air fares even with inclusion of words "Fares shown EXCLUDE fees and taxes"

* The conduct although inadvertent was strictly and technically in contravention

* The ACCC sought a fine of between A$520,000 and A$650,000

* The Court came to finding that the appropriate fine was only A$200,000.

The findings of the Court were that a fine of A$200,000 was sufficient because:

a) There was no intention to mislead the consumer

-- The conduct in question was inadvertent not deliberate or reckless

-- A consumer has to undergo 9 steps in making an online booking. Only on page 2 of the booking process would the customer see the statement "Fares shown EXCLUDE fees and taxes"

-- The Court noted that pages 3 to 9 the single total price was displayed sometimes in more than one place, thus the consumer would have become aware of the full price to be paid before committing to a purchase

-- The Court found that there this was only a single breach and not multiple breaches

b) The contravention did not cause loss or damage to consumer -- A consumer could not complete the booking process without being informed of the actual total price for each flight

-- The Court noted there was no evidence of any consumer dissatisfaction or that any customer of AirAsia has suffered any economic loss. 
Damn! Why so many bad news from AirAsia? why why why? Haiz....

Friday, 14 December 2012

iPhone 5 sold out at DiGi online store

DiGi.Com Bhd, the country's third largest mobile operator, said that sales for its iPhone 5 has been "very encouraging".

"Whatever we have allocated for our online store has been sold out," said head of product and services Praveen Rajan yesterday.

Customers can still buy the phone and sign up for the packages from DiGi's stores nationwide.

The encouraging response was a sign of customers' acceptance of its packages, as well as the increasing acceptance of making a purchase online.

Online shopping in Malaysia alone is expected to grow from RM842 million last year to over RM1.9 billion in 2016, according to a survey done by Euromonitor last year.

The company also believes that the new phone could help boost the company's smart phone penetration rate.

Currently, about 25 per cent of the country's mobile subscriber base as well as DiGi's customer base are using a smart phone.

"With 75 per cent of our customer base still without a smart phone, I think the iPhone 5 will give us ample opportunities to tap into the market," he added.

He was speaking to the media after unveiling the new call plans for the iPhone 5.

The postpaid plans comes in three packages - the iDiGi 88, iDiGi 138 and iDiGi 238.

The iDiGi 88, which is the entry level package, allows customers to sign up for the device with a monthly commitment of RM60 a month.

Customers who sign up for the package will get 200 minutes of voice calls, 200 text messages, 20 MMS and Internet quota of 1 gigabyte (GB) a month. The voice calls and text messages they make will cost 15 sen a minute, and 10 sen per message, respectively.

For those who sign up for the iDiGi138, they will be able to get 450 minutes of voice calls, 400 text messages, 40 MMS and 3GB of data. Voice calls and text messages under this package will cost 12 sen a minute and 10 sen per message, respectively.

The higher end iDiGi238 package will offer significantly more voice minutes, text messages and data quota, and voice calls and text messages will cost 10 sen each.

"I believe the new plan is very competitive," added Praveen.

Meanwhile, he added that pre-booking for the iPad Mini will be available online starting Monday.

Read more: iPhone 5 sold out at DiGi online store

Thursday, 13 December 2012

Astro, FGV replaces AirAsia, MMHE on KLCI

KUALA LUMPUR: Global index provider FTSE Group and Bursa Malaysia Bhd today announced that Astro Malaysia and Felda Global Ventures will replace AirAsia and Malaysia Marine and Heavy Engineering (MMHE) on the FTSE Bursa Malaysia KLCI following the semi-annual review of the FTSE Bursa Malaysia
Index Series.

In a joint-statement today, FTSE and Bursa Malaysia also announced changes to other indices in the stock exchange's index series.

The index series is reviewed semi-annually by the FTSE Bursa Malaysia Index Advisory Committee which is made up of leading market professionals who ensure that the index review fully complies with a set of highly transparent and publicly available index rules.

"The FTSE Bursa Malaysia KLCI is widely used by investors as the primary benchmark for the Malaysian market, and forms the basis of a wide range of investment products, including the FTSE Bursa Malaysia KLCI ETF, FTSE Bursa Malaysia KLCI Futures (FKLI), FTSE Bursa Malaysia KLCI Options (OKLI) and other index-linked financial products," the statement said.

The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest ranking non-constituents of the index by market capitalisation will be SapuraKencana Petroleum, MMC, Lafarge Malayan Cement, AirAsia and Gamuda.

The appropriate reserve list will be used in the event that one or more constituents are deleted from the FTSE Bursa Malaysia KLCI during the period up to the next semi-annual review, it said.

On the FTSE Bursa Malaysia Mid 70 Index, the changes were the inclusions into the list comprising AirAsia, Gas Malaysia, IGB Real Estate Investment Trust and Malaysia Marine and Heavy Engineering while the exclusions were Ann Joo Resource, Fraser & Neave Holdings, TA Enterprise and Tan Chong Motor.

The changes will come into effect on December 24. -- BERNAMA

Read more: Astro, FGV replaces AirAsia, MMHE on KLCI


Bad news for AirAsia.  AA will drop out of KLCI list on 24th of December 2012!

《福布斯》亚太最佳50强 数码电讯唯一得奖大马公司









Rebound back to RM 5 level. Nice!  Cheer up!

Wednesday, 12 December 2012


Today is 12-12-12.  It's a good number, i.e. 12.  Have a great day!

Tuesday, 11 December 2012

Maybelline FREE RM10 OFF Voucher

All SaSa shops in Malaysia

Print out the voucher above and enjoy RM10 OFF with purchase of RM30 and above from Maybelline at SaSa Malaysia

Promotion period:
Till 1st January 2013

Terms and conditions:
1. Voucher can be printed in black and white or colour and must be presented upon purchase.
2. Limited to one voucher per transaction.
3. Voucher is non-refundable and not exchangeable for cash.
4. Applicable for all types of Maybelline products except Masterbrow liner.
5. SaSa Malaysia and Loreal Malaysia reserves the right to amend the terms and conditions at its own discretion without prior notice.

HEKTAR revaluation

Table above shows three properties under HEKTAR with the latest revaluation results.  The result seems good.  The revaluation do not include another two properties (i.e. Central Square & Landmark Central) as both are just take over after September 2012.

After revaluation, the latest NAV is revised to RM 1.5226 instead of RM 1.4673.

Monday, 10 December 2012

Colgate Total FREE 20g Toothpaste (FREE Delivery)

Colgate Total reduces 90% of plaque germs for 12 hours. It fights bacteria 12 hours which helps prevent plaque, gum problems, tartar build-up, cavities and bad breath.

Redemption details:
Sign-up by clicking LIKE and get a 20g pack of Colgate Total for FREE to your doorstep

Redemption period:
Not stated

Terms and conditions:
*Samples will be sent to Malaysian addresses only.

AirAsia dips on expectations of exit from KLCI

KUALA LUMPUR: Shares of AirAsia Bhd fell to a new 52-week low on Monday on expectations that it could exit the FBM KLCI 30-stock index though analysts had higher price targets for the low-cost carrier.

At 3.43pm, AirAsia was down four sen to RM2.72, the lowest since April 2011. There were 7.47 million shares done valued at prices ranging from RM2.71 to RM2.77.

The KLCI rose 11.20 points to 1,628.97. Turnover was 570.77 million shares valued at RM822.04mil. There were 259 gainers, 276 losers and 326 counters unchanged.

However, Hwang DBS Vickers Research had a Hold with a target price of RM2.90 while Deutsche also had a hold with a target price of RM3.06.

Affin Investment Research had an Add with a target price of RM3.70 on Nov 26.

Analysts said AirAsia and MMHE could be excluded from the KLCI and instead added to the FTSE Bursa Malaysia Mid 70 Index.

As at Nov 30, 2012, AirAsia's and MMHE's ranking by market value was at 36 and 39 respectively. 
Oh no, AA seem like doesn't look good now....

Saturday, 8 December 2012

或设商业信托 数码网络冀回退现金










Wow... another capital repayment (39 - 57 cents)

Friday, 7 December 2012

DiGi data growth to be still driven by 3G

KUALA LUMPUR: DiGi.Com Bhd's data growth next year will still be driven by 3G despite the company having recently secured the spectrum for the 4G-Long Term Evolution (LTE) service.

Chief Marketing Officer, Albert Murty, said it would take some time for the service to be launched, as the company needed to review guidelines by the Malaysian Communications and Multimedia Commission (MCM) before finalising its going forward business plans.

For now, DiGi will still focus on rolling out its current business plan, mainly for data, along with ongoing effort to accomodate a brand new, LTE-ready network.

This follows the strong growth recorded in the internet segment with more customers shifting to smartphones.

DiGi smartphones users grew by 25 per cent in the third quarter of this year with over 5.6 million active internet users.

"Today we are basically growing both voice and data but in 2013 data would grow a bit faster as more devices and smartphones and more customers adopt the price plan and products that we have."

While DiGi expects a faster growth in data, it also still believes that there will be growth for both voice and data in the Malaysian market based on the different segments, Murty told Bernama today.

Earlier during a media briefing, Murty said data revenue grew eight per cent year-on-year in the third quarter this year, while voice grew about two per cent.

To further boost the internet segment, DiGi is now looking to expand 3G network outside Klang Valley to main towns like Penang, Johor Baru, Kuching and Kota Kinabalu.

DiGi will also set aside RM30 million to upgrade and build new retail outlets in 2013.

Currently, there are 22 DiGi Stores nationwide and by end 2013, there will be 25 to 30 DiGi Stores as well as 120 to 150 DiGi Store Express.

Besides DiGi, seven other telecommunication companies are also sharing the 2,600 Megahertz, with Puncak Semangat Sendirian Bhd said to have secured the largest portion of the spectrum.

The rest, namely Celcom Axiata, Maxis, Packet One, REDTone, U-mobile and DiGi were reported to have secured 20MHz each, paving the way for Malaysians to enjoy fourth generation services which could offer mobile broadband speeds in
excess of 100 Mbps.--BERNAMA

Read more: DiGi data growth to be still driven by 3G

Thursday, 6 December 2012

Subway Buy 1 FREE 1 (Every Wednesday)

Get a FREE 6"sandwich on every Wednesday (from 3pm onwards), when you purchase a 6" SUBWAY® sandwich and a 22oz drink! NO Coupon needed.

Promotion period:
Every Wednesday (3pm onwards)

Promotion outlet:
Subway Malaysia

Terms and conditions apply.

Wednesday, 5 December 2012

Eight companies get spectrum for Malaysia's 4G mobile broadband

KUALA LUMPUR: The Malaysian Communications and Multimedia Commission (MCMC) has allocated the 2600 MHz spectrum band to eight companies which will allow them to provide 4G services.

MCMC said on Wednesday the eight are Celcom Axiata Bhd, DiGi Telecommunications Sdn Bhd, Maxis Broadband Sdn Bhd, Packet One Networks (M) Sdn Bhd, Puncak Semangat Sdn Bhd, REDtone Marketing Sdn Bhd, U Mobile Sdn Bhd and YTL Communications Sdn Bhd.

MCMC said the allocation of the band would pave the way for Malaysians to enjoy 4G services that could offer mobile broadband speeds in excess of 100 Mbps. It said the technology promises many news services to consumers such as high definition video streaming, enhanced user experience on real-time applications and better connectivity for mobile and consumer electronic devices. 

Analysts say DiGi exploring a business trust structure

PETALING JAYA: Although detailed rules on business trusts in Malaysia are not out yet, DiGi.Com Bhd has already signalled that it is considering setting up such a structure, according to analysts who attended a luncheon briefing by DiGi on Monday.

“Management also does not rule out the possibility of exploring a business trust structure in the future although the details on such business trust structure has yet to be unveiled by the authorities at this juncture,” Kenanga Investment Bank Bhd analyst Cheow Ming Liang said in a report.

RHB Research Institute Sdn Bhd analyst Lim Tee Yang said DiGi might use a business trust as a means of paying more dividends and was currently studying it.

In general, a business trust is created when the company spins off its assets and places them under the responsibility of one party appointed as the trustee-manager. The trustee-manager will have legal ownership of the trust assets, and its role is to manage those assets for the benefit of the investors or unit holders.

A business trust could pay out distributions without being constrained by accounting profits, and, therefore, was able to distribute quicker returns.

Berjaya Sports Toto Bhd’s (BToto) had in June announced that it would spin off its subsidiary, Sports Toto Malaysia (STM), into a business trust and list it on the Singapore Exchange.

Alliance Investment Bank Bhd analyst Toh Woo Kim said DiGi highlighted that roughly RM750mil sitting under its payables was actually three years’ worth of Universal Service Provider payments that had not been collected by the regulator.

The telco’s payables also include a withholding sum that will be released to its vendors once certain key performance indicators for its network modernisation programme are met.

“Even adjusting for the payables, DiGi reckons that its balance sheet remains under-leveraged relative to peers. We understand that DiGi is currently studying the potential of business trust listing, although there is no firm decision on this matter yet,” said Toh.

Among other issues highlighted at the briefing are DiGi’s capital management, earnings, data revenue growth in 2013 as well as spectrum.

Cheow of Kenanga said DiGi had ruled out any active capital management moves in the near term. “While the handsome cash buffer has led to some market observers to speculate on a potential capital management exercise on the stock, DiGi’s management said it is unlikely to conduct any active capital management moves in the near term as it has to reserve 52% of its cash balance above (or RM750mil) to pay MCMC for the accrued liability of the USP fund.”

Lim of RHB said there were no new updates on the expected allocation of the long-term evolution (LTE) spectrum. It said the revenue opportunities from potential new services from having the LTE spectrum might be limited at first given that the industry was predominantly prepaid, instead of postpaid users willing to pay for data.

Toh said DiGi did not have any imminent merger and acquisition targets in the domestic market, although it seemed to be keen on getting more spectrums for network planning.

The company is not keen on WiMax given little support for the wireless technology globally. However, it is keen if the 2.3GHz spectrum (currently used for WiMax) could be re-farmed to be used for backhaul or even for LTE.

Cheow said DiGi indicated that its upcoming fourth-quarter results could still potentially suffer from the “lost revenue opportunities” due to the effect of its current ongoing network modernisation.

Nevertheless, Kenanga said management was still reiterating its earnings guidance for the financial year ending Dec 31, 2012 (FY12), which was targeted to record a mid to high single-digit revenue growth with a 46% earnings before interest, tax, depreciation and amortisation (EBITDA) margin.

“For FY13, the group’s ambition is to continue to outgrow its industry peers in terms of revenue growth. DiGi believes that the industry’s revenue growth will still be at around 5% and the group can deliver a higher growth of 5%-7% with a sustainable EBITDA margin similar to that of FY12.”

Monday, 3 December 2012

Rachel K CC Cream FREE Sample (FREE Delivery)

Rachel K is the world’s best selling CC Cream. CC cream is essentially a much-improved and refined BB cream created and developed in the lands of glowing complexions – Japan and Korea. It is formulated with pure minerals, making it suitable for all skin types including highly sensitive ones.

Redemption details:
Register and get a FREE Rachel K CC Cream Sample.

Redemption period:
Samples will be received within 3 weeks upon registration. While stocks last.

Terms and conditions:
1 Sample request per address. ONLY VALID FOR MALAYSIA ADDRESS


The Body Shop RM15 Voucher Giveaway

All The Body Shop stores, except SOGO kiosk and Johor Premium outlet. 

RM15 Rebate Voucher with a minimum purchase of RM50.

Valid from:
10 - 31 Dec 2012

Terms & Conditions:
1. Fans are entitiled to one voucher per 'LIKE'. Only one voucher is applicable on a single transaction.
2. Voucher is valid from 10-31 Dec 2012.
3. Voucher can be printed in black and white or in colour. Please present the voucher to enjoy rebate offer.
4. Voucher is not exchangeable for cash.
5. Voucher is valid on full pried items only. Not valid with other vouchers, promotions or discounts.
6. Vocuher an be used at all The Body Shop stores, except SOGO kiosk and Johor Premium outlet.

Saturday, 1 December 2012

Standard Chartered Business Platinum or Business Gold Credit Card

1. 15% Petrol CashBack for 6 months.
2. SmartTAG worth RM120 or Touch ‘n Go card worth RM100 for all your travel needs.
3. RM55 CashBack to sweeten the deal.

Terms and Conditions:
1. This Campaign will run from 7 November 2012 to 31 January 2013 (Campaign Period) and is open to individuals who have not held any Standard Chartered Bank Malaysia Berhad Credit Card (Principal or Supplementary card) within the past 12 months.
2. Customers must take up one of the above credit cards during the Campaign Period. These customers will receive the RM55 CashBack, but must further activate their credit card within 30 days (but before 28 February 2013) for the Acquisition Gift of either a SmartTAG or a Touch ‘n Go Card with preloaded value of RM100 (customers in East Malaysia may choose either the Touch ‘n Go card or CashBack of RM80).
3. Customers may select either Acquisition Gift at the time of application for the credit card. Only ONE Acquisition Gift will be granted to each approved customer regardless of the number of credit cards taken up.
4. These customers will also enjoy Petrol CashBack for petrol purchases made using these credit cards within 6 months from the month in which the relevant cards were approved. Each customer is entitled to Petrol CashBack for only one credit card, which will be the higher card type.
5. Petrol CashBack is capped at RM68 per month per customer for applications via the Bank’s branches or direct sales agencies. This CashBack is further subject to a maximum total Petrol CashBack of RM8,700,000 from 7 November 2012 to 31 July 2013, across all the Bank’s customers in this Campaign.
6. The above is merely an excerpt of the Terms and Conditions governing the Standard Chartered Bank Malaysia Berhad’s Credit Card Acquisition Campaign (Sign-Up CashBack, Gift & Petrol CashBack). For full Terms and Conditions, please click here.

Source from:

Wednesday, 28 November 2012

IHH Healthcare records lower Q3 profit

KUALA LUMPUR: IHH Healthcare Bhd net profit for the third quarter ended Sept 30 slid by 47% to RM75.6mil from a year ago on the back of higher revenue of RM1.49bil.

The revenue of RM1.49bil was higher compared to same quarter last year at RM805mil.

But, cumulatively, IHH nine-month net profit jumped by a hefty 87.6% to RM603mil against the same period in 2011.

This was supported by higher revenue of RM5.5bil for the period compared to RM2.5bil last year.

Earnings per share rose to 9.12 sen from 7.6 sen. 
A bit disappointed with the result without dividend.

Monday, 26 November 2012

Report: AirAsia in talks to buy a stake in Indian SpiceJet

NEW DELHI: India's Jet Airways is in talks with Abu Dhabi's Etihad Airways to sell a minority stake, an Indian government source said on Monday.

The same source said Indian budget carrier SpiceJet is in talks with Malaysia's AirAsia to sell a stake.

A Jet Airways spokeswoman did not immediately respond to a Reuters' query, while a SpiceJet spokeswoman declined comment.

Any foreign direct investment in Indian carriers needs government approval. - Reuters

HHHCORP listed on ACE market today

IPO: RM 0.20
Open: RM 0.32
High: RM 0.37
Low: RM 0.245
Close: RM 0.25

L'Oreal Paris Lucent Magique BB Cream FREE Sample

Lucent Magique BB Cream by L'Oreal Paris Malaysia
The self-adjusting BB Capsules are encapsulated with a blend of skin-perfecting pigments. When activated it magically evolves to your skin tone, revealing not only a flawless finish but a lit-from-within complexion

Redemption details:
Register your details and get the FREE Lucent Magique BB Cream from L'Oreal Paris Malaysia. (FREE Delivery to your doorstep)

Redemption period:
While stock last

AirAsia 11 cents Birthday Offer

Air Asia Website

AirAsia 11th Birthday Bash - Air ticket from RM0.11 onwards. For full price list, go to the website link below.

Booking Period:
26th November 2012 - 2nd December 2012

Travel Period:
3rd December 2012 - 31st March 2013

I'm back

I've been away for 2 weeks.  I just back from vocation to Taiwan.  Taiwan is very nice to visit.  People there are so friendly and politely.  If got another chance, I'm sure will visit again.

Friday, 9 November 2012

waiting for Nov Q reports

20-11-2012  HEKTAR 3Q
27-11-2012  IGB REIT 3Q
28-11-2012  IHH 3Q

综合保健860万 购Turuncu Grup Saglik

(吉隆坡8日讯)综合保健控股(IHH,5225,主板贸服股)宣布,以500万里拉(859万6000令吉),购入土耳其保健服务供应公司———TuruncuGrup Saglik Hizmetleri。

综合保健是通过非直接子公司AcibademHizmetleri Ve TicaretAS,进行这项收购。

Wednesday, 7 November 2012

Subway Fresh Combos RM10.90 ONLY

ALL Subway Outlets in Malaysia

Get the following Subway Fresh Combo at the promotion price of RM10.90 for a limited time only

Set 1
Chicken Teriyaki + 16oz Drink + Cookies @ RM10.90 (Original Price: RM14.90)

Set 2
Chicken Slice + 16oz Drink + Cookies @ RM10.90 (Original Price RM15.50)

Promotion period:
All Day Long Till December 2012

Terms and conditions:
1. Available all-day-long at all Subway Outlets in Malaysia
2. No coupons required. Just walk into any Subway Restaurants to enjoy this promotion.
3. Promotion is valid from now till December 2012
4. While stock last

Tuesday, 6 November 2012


Hiap Huat’s principal activity is in the niche business of collecting, recycling, re-refi ning and producing recycled products. The group stores, treats and recycles waste collected from industrial and commercial establishments before formulating them into end products which are ready to be used by end consumers. Its recycled end products derived mainly from its recycling and recovery process are sold under their own “AF1”, “Top Up”, “Nekko”, “Cap Rumah” and “Flag” brand brand names.

IPO Price RM 0.20 with PAR RM 0.10
To be listed on ACE Market

05-11-2012  Opening of application
12-11-2012  Closing of application
16-11-2012  Balloting of applications
19-11-2012  Ballot result
26-11-2012  Listing date

Total units offer: 85,000,000 (25.5%)
Public units: 5,000,000 (1.5%)
Private placement: 80,000,000 (24%)
Total offer for sale: 50,000,000 (15%)

Monday, 5 November 2012

Highs and Lows [雷霆掃毒]

Highs and Lows
类型 時裝警匪
编剧 梁恩東邱福慶容子棋鍾正龍
编导 鍾國強姚天堂
助理编导 吳喜兒劉穎琦林 肯趙良鷹
演出 苗僑偉林 峯吳綺莉官恩娜
主题音樂 雷霆掃毒
作曲 鄧智偉
片尾曲 幼稚完
作曲 鄧智偉
填词 林日曦
主唱 林 峯
集数 30
年份 2012年2月-5月
制作统筹 簡美施
监制 林志華
编审 梁恩東葉天成
外景  香港
制作公司 香港電視廣播有限公司

毒品調查科行動組高級督察向榮(苗僑偉)嫉惡如仇,與情報組高級督察韋世樂(林峯飾)亦師亦友,合作無間,為警隊屢破毒案。世樂在一次緝毒行動中,發現蛛絲馬跡,向榮極有可能是勾結毒犯的神秘黑警。世樂開始暗中調查向榮,加上心術不正的行動組總督察潘學禮(黃智賢飾)從中挑撥,多年兄弟連番角力,矛盾重重…… 另一方面,世樂因調查行動認識線人陳家碧(徐子珊飾),兩人暗生情愫,但家碧出身低微,自卑感作祟,刻意逃情,並讓愛予一直暗戀世樂的新紮師妹高希璇(官恩娜飾),三人之間有著微妙的感情關係。生無可戀的家碧最後走上不歸路,成為新一代毒后,販運毒品,挑戰警隊。世樂痛心疾首,與向榮聯手,跟家碧展開一幕幕的毒戰……

 片尾曲: 幼稚完

More from:

Sunday, 4 November 2012

Qiang Yi Tang Herbal Tea Drink Giveaway

Qiang Yi Tang 强益堂 Sunshine Square Bayan Baru & Tesco E-Gate only

Like the Qiang Yi Tang Facebook page and redeem + print the exclusive free voucher for you via link below to get FREE Herbal Tea Drink at the selected Qiang Yi Tang. 
*One person one voucher only, click redeem to get your voucher with your name printed on voucher.

Redemption period:
Till 30th November 2012

Saturday, 3 November 2012

Telco counters in red zone

Based on friday's closing price, all telco counters closed in red.  DiGi, Axiata and TM drop the most among the counters.  What's happen?  Who dump the shares?  Institution fund or EPF takes profits?  Will them continuing to drop on next week?  Hmm....

Thursday, 1 November 2012

亚航长程上市 献售2亿股发售6亿股

(吉隆坡1日讯)亚航长程(Airasia X)在万眾瞩目下公佈初步招股书,將献售1亿9753万900股现有股,並公开发售5亿9259万2600新股








Source from:

对手削价侵蚀根基 数码网络预付用户看跌


















Burger King FREE ala carte Burger

ALL Burger King except KLIA and Sabah outlets.

Print the original voucher via link below on Burger King Malaysia Facebook to get 1 FREE alacarte burger with each Nescafe Ice purchase - RM4.55 before tax. (Photo above is for sample illustration purpose)
Burger King Malaysia

Redemption period:
Till 23rd November 2012

Terms and conditions:
Voucher must be printed to redeem. One free burger with every Nescafe Ice purchase. Invalid for BK Hottest Deals, BK Delivery and other promotions. This promotion is not applicable in KLIA and Sabah Outlets.

Chatime Buy 1 FREE 1

ALL Chatime Malaysia outlets.

Buy 1, Free 1 promotion EXCLUSIVELY FOR ALL THIRSTEA MEMBERS at all Chatime Malaysia outlets. Purchase ANY drink, you get 1 FREE Regular Wintermelon Tea.

Promotion period:
1st - 10th November 2012 (6pm - 10pm)

Terms and conditions:
Be a Chatime Thirstea Member

AirAsia: Revenue expected to hit RM1.24b in third quarter

KUALA LUMPUR: AirAsia Bhd is expected to increase its revenue to RM1.24 billion in the third quarter of this year due to a higher yields estimation of six per cent year-on-year followed by Malaysia Airlines' (MAS) exit from the low-cost carrier (LCC) space.

OSK Research Sdn Bhd said the group's third quarter operating stats were commendable, although its Indonesian affiliate reported flattish numbers as it was operating a smaller fleet with one aircraft less compared to the corresponding period last year.

Meanwhile, the research firm added that AirAsia's Thai unit reported stellar growth due to its aggressive expansion as it added four aircraft to its fleet.

Malaysia AirAsia, Indonesia AirAsia and Thai AirAsia reported revenue passenger KM (RPK) growth of 8.8 per cent, -0.3 per cent and 14.7 per cent year-on-year respectively, on the back of a load factor of 76.7 per cent, 77.6 per cent and 81.7 per cent.

"Malaysia AirAsia's nine-month year-to-date traffic came in marginally better than our forecast at 74 per cent of the full-year RPK, compared with 73 per cent in the year-ago period.

"This is likely the result of its focus on shortening the average stage length," OSK Research said in a research note.

"Average stage lengths for the three carriers were lower by 1.1 per cent, 8.9 per cent and five per cent respectively from last year, suggesting that aircraft utilisation was optimised for shorter routes which were mostly domestic."

"This bodes well for yields and margins from higher ancillary revenue turnover, and ultimately profitability," OSK Research said.

AirAsia Bhd recorded a 12 per cent year-on-year increase in passengers carried for the third quarter ended September while its RPK increased eight per cent.

Malaysia AirAsia posted a strong load factor of 77 per cent in the third quarter, while Indonesia AirAsia posted a high load factor of 78 per cent.

Thai AirAsia posted third quarter load factor of 82 per cent.

Read more: AirAsia: Revenue expected to hit RM1.24b in third quarter

Wednesday, 31 October 2012

AirAsia to record higher revenue in Q3

KUALA LUMPUR: AirAsia is expected to record a higher revenue of RM1.24 billion in its third quarter due to a higher yields estimation of six per cent year-on-year and following Malaysia Airlines (MAS) exit from the low cost carrier space.

OSK Research Sdn Bhd said the third quarter stats for AirAsia were commendable, although its Indonesian side reported flattish numbers, as it was operating a smaller fleet with one aircraft less compared to the corresponding period of last year.

"AirAsia's nine-month year-to-date traffic for Malaysia came in marginally better than our forecast at 74 per cent of the full-year Revenue Passenger KM (RPK), compared with 73 per cent in the last year's period.

"This is likely the result of its focus on shortening the average stage length," it said in a research note today.

For the AirAsia business in Indonesia and Thailand, the research firm said the numbers are also in line with its forecast.

"Average stage lengths for the three carriers were lower by 1.1, 8.9 and 5.0 per cent, respectively from last year, suggesting that aircraft utilisation was optimised for shorter routes which are mostly domestic.

"This bodes well for yields and margins, from higher ancillary revenue turnover, and ultimately profitability," it added.

OSK Research has maintained its "buy" call on AirAsia with an unchanged fair value of RM3.91. -- BERNAMA

Read more: AirAsia to record higher revenue in Q3

Tuesday, 30 October 2012

AirAsia records 77pc load factor in Q3

KUALA LUMPUR: AirAsia Bhd today announced that Malaysia AirAsia recorded strong load factor of 77 per cent in the third quarter of 2012.

The low cost airline said Malaysia AirAsia's capacity increased by 10 per cent year-on-year as part of its strategy to increase frequencies on trunk routes during the holiday period.

In a statement today, it said Malaysia AirAsia was operating 59 aircraft as at the end of the reviewed quarter.

The company also reported that Thai AirAsia posted high load factor of 82 per cent in the period with approximately 2.0 million passengers carried.

It attributed strong tourism as a factor for the high growth.

It said Indonesia AirAsia also posted high load factor of 78 per cent with the peak Ramadhan holiday time during the reviewed period as a factor.--BERNAMA

Read more: AirAsia records 77pc load factor in Q3

Häagen-Dazs 20% OFF Seventh Heaven

All Häagen-Dazs cafes nationwide Malaysia

Download and print the voucher above to enjoy the Seventh Heaven at 20% off at all Häagen-Dazs cafes nationwide!

Promotion period:
29th October - 4th November 2012

Terms and Conditions:
Not valid with other discounts, promotions and Häagen-Dazs vouchers. Häagen-Dazs card members are not entitiled to further discounts. While stocks last. Only printed vouchers are accepted. Häagen-Dazs reserves the right to amend these terms and conditions without prior consent. Only persons age 18 and above are entitled to the discount.

Monday, 29 October 2012

HEXZA First and Final Dividend

As expected, Hexza announced first and final dividend today.  Total dividend = 10 % (i.e. 8% less 25% tax + 2% single-tier) with PAR RM 0.50.  This translates into 5 cents dividend.  Based on today price, i.e. RM 0.62.  The DY is 8.06%.  Quite high DY.

Read more:

Friday, 26 October 2012

IHH Healthcare gets ‘reduce’ rating

PETALING JAYA: Nomura Research has initiated coverage on IHH Healthcare Bhd with a “reduce” rating, saying that while it was a strong healthcare franchise, valuations were already priced to perfection.

Nomura has a below-consensus target price of RM2.81 based on a sum of parts valuation. The consensus target price is RM3.39. It closed at RM3.30 yesterday.

Nomura's financial year (FY) to Dec 31, 2013 net profit estimate for IHH is 14% lower than consensus. For FY13, Nomura has forecast a net profit of RM647mil on the back of RM7.23bil in revenue. For FY14, it estimated a higher net profit of RM842mil on the back of revenue of RM8.41bil.

Based on Nomura's FY13 operating profit estimate (adjusted for a 60% stake in its Turkey hospital, Acibadem), IHH share price implies an EV/EBITDA (enterprise value/earnings before interest, taxation, depreciation and amortisation) multiple of 21 times (x), compared with an average 15x for healthcare service providers in emerging markets and 6x to 9x in developed markets.

“While we like IHH's diversified and growing franchise, losses from Mount Elizabeth Novena, the drag from its aggressive expansion and a rich valuation are likely to undermine its share price performance,” said Nomura.

It said at an FY13 price earnings ratio of 41x and EV/EBITDA of 18x, it believed that IHH was expensive.

“In our view, IHH has an attractive franchise that enables it to ride the growth in demand for healthcare in Asia and the Central and Eastern Europe, the Middle East and North Africa (CEEMENA) regions as it expands capacity.

“We estimate IHH's revenue and EBITDA will increase by 19% and 20% per annum, respectively, from 2013 to 2014,” said Nomura.

The Japanese research house was of the opinion that execution risks could undermine the share price amid high expectations IHH was apt to see drags from its aggressive expansion, especially with losses from Mount Elizabeth Novena likely to continue into 2014.

IHH is among the largest private healthcare providers in the world by market capitalisation and has well-known franchises in South-East Asia under Mount Elizabeth, Gleneagles and Pantai and in Turkey, Acibadem.

With an integrated healthcare model ranging from acute care, imaging, labs and education for healthcare professionals, IHH has been able to develop scale advantages to drive cost efficiencies.

“Its size and scale should enable it to invest in leading-edge technologies and attract top medical talents, which in turn should lead to enhanced clinical outcomes. In addition, IHH appears well-positioned to tap into the rising demand for private healthcare services in Asia and CEEMENA,” said Nomura.

However, Nomura pointed out that IHH was also one of the more richly-valued healthcare services groups globally, adding that its rich valuation posed a risk of under-performance for investors, while high street expectations might further undermine the share price performance should earnings disappoint.

“We see the potential for earnings disappointment, especially with losses from the newly-opened Mount Elizabeth Novena Hospital and the drag on margins from the company's capacity expansion in Malaysia and Turkey,” it added.

Parkway Holdings Ltd was taken private in Aug 2010 by Khazanah Nasional Bhd after a bidding war which valued Parkway at S$4.4bil (RM11bil).

At that point, Parkway owned 40% of Pantai Holdings in Malaysia, while Khazanah owned the majority 60%. After the takeover, Parkway was restructured under IHH, which culminated with IHH owning 100% of Pantai Holdings.

In Sept 2010, IHH acquired the remaining 32.5% interest in IMU Health, a healthcare educational institute, for RM110mil, making it a wholly-owned subsidiary. In May 2011, Japan's Mitsui & Co Ltd acquired a 30% stake in IHH for RM3.3bil.

Expanding its reach outside Asia in January this year, IHH acquired a majority 60% stake in Acibadem, the largest private healthcare group in Turkey for US$826mil.

Acibadem owns a network of 13 hospitals and two medical centres in Turkey and one overseas hospital in Macedonia. Since its inception in 1991, Acibadem has become one of the few integrated healthcare franchises in Turkey offering comprehensive acute care medical services coupled with state-of-the-art facilities and equipment.

In Singapore, IHH added a new hospital following the opening of its 333-bed Mount Elizabeth Hospital in July this year. Total cost of the hospital (excluding medical suites) was S$1.3bil (RM3.2bil).

In two years since the takeover of Parkway, IHH has transformed itself into a diversified healthcare group with franchises serving Asia and CEEMENA.

Nomura estimated that Singapore and Malaysia contributed 29% and 28%, respectively, to IHH's group FY13 operating profit, while Turkey contributed 29%.

Thursday, 25 October 2012

Tea Secret Drinks Buy 1 Free 1 Deal

Tea Secret Queensbay outlet
Tea Secret is offering Buy 1 Free 1 deal for any drink for same value or lower in conjunction with Queensbay Mall 1st Anniversary as appreciation to your continuous support.

Promotion period:
25 – 31 October 2012 (12.01pm to 6.59pm)

Terms & Conditions:
1. Purchase any drinks with toppings & choose any drinks inclusive of 1 free toppings of your choice while stock last.
2. Size of the free drinks will be based on the size of the drinks purchased.
3. This promotion is no valid in conjunction with other promotions, discounts or membership privileges.
4. Smoothie Series is not applicable for the promotion.
5. Management reserves the right to amend the promotion without prior notice.

Tuesday, 23 October 2012

KFC Promotions

KFC Zinger Double Down Combo Special RM9.95

All KFC outlets in Peninsular Malaysia ONLY, except KLIA, LCCT & Genting Details:

Enjoy a KFC Zinger Double Down Combo Special at RM 9.95 only

Promotion period:
EVERYDAY from 12pm -3pm and 6pm – 9pm

Terms and conditions:
Price are subject to 6% Government tax.
While stock last.
Other terms and conditions apply


KFC Enjoy 25% Off for One Snack Plate Combo

KFC restaurants in Malaysia (except KLIA and LCCT). Include West and East Malaysia

25% OFF KFC Snack Plate Combo. NO PRINTING OF COUPONS required.

Terms and conditions:
1. Valid in KFC restaurants in Malaysia (except KLIA and LCCT).
2. Valid for Snack Plate Combo only.
3. Validity period starts from 22 – 24 October 2012 from 3pm-6pm only.
4. Prices may vary by location.
5. Valid for dine-in, take away and drive thru transactions only.
6. Not exchangeable for cash
7. Not valid for catering and bulk sales.
8. Not valid with any other promotions, discounts or vouchers.
9. Price subject to 6% Government tax.
10. Serving featured is for illustration purposes only.
11. Offers and conditions are subject to change without prior notice.

DiGi 3Q 2012 report

DiGi 3rd quarter for year 2012 report release today.  It's a good report with net profit up 7.84% and EPS up 7.98%.

What's an excited me is their dividend declared.  Total dividend = 4 cents (3rd interim div) + 8 cents (Special div) = 12 cents div (Single Tier).  Unexpected special dividend declared in this quarter as I thought should be 1Q next year 2013.  So, for the year 2012 up to 9 months, i.e. 3 quarters, total dividend is 23.8 cents [5.9 (1st interim) + 5.9 (2nd interim) + 4 (3rd interim) + 8 (Special)].


DiGi Q3 earnings up 7.8% to RM313.3m, dividend 12 sen

KUALA LUMPUR: Bhd's earnings rose 7.8% to RM315.37mil in the third quarter ended Sept 30, 2012 from RM 292.44mil a year ago and has committed RM700mil to RM750mil to grab a bigger share of the mobile internet and broadband market.

It said on Tuesday, its revenue showed a 4.1% increase to RM1.582bil from RM1.519bil. Earnings per share were 4.06 sen compared with 3.76 sen.

DiGi announced a third interim tax exempt dividend of 4.0 sen per ordinary share and a one-off special tax-exempt dividend of 8.0 sen for FY ending Dec 31, 2012.

"The special dividend will be paid from proceeds of the two previously announced capital management initiatives and with this payment, DiGi will have completed the entire cash payout of this capital management initiative," it said.

DiGi said for the quarter under review, mobile internet customers, which also comprise customers who use feature-phones, increased to 5.6 million from 5.4 million.

Its chief executive officer Henrik Clausen said data revenue currently accounts for close to 31% of its total service revenue in the first nine months of the current financial year, and the company would continue driving focus on delivering a quality experience of its data network to ensure sustained revenue growth in this area,

For the nine-months ended Sept 30, 2012, its earnings rose 11.6% to RM960.19mil from RM860.16mil in the previous corresponding period. Its revenue increase by 7.08% to RM4.731bil from RM4.418bil.

"We had committed to invest between RM700 and RM750 million this year as part of our network modernisation programme to cater to the increased demand from data users," said Calusen.

He pointed out DiGi was at the halfway point of rolling out its modernised Tomorrow Network as it sought to provide access to high-speed internet and next-generation services for all its customers.

"In the first nine months of 2012 we have pushed harder than ever to make data accessible and affordable to everyone on a mobile device, and meet our customers' demand for high quality mobile internet experience," Clausen added.