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Yes, it is also becoz they opening their shop and also:
Myanmar's Union Parliament on Tuesday approved a bill to promote the country's telecommunication sector, according to parliament sources.
The telecommunications law calls for the development of the country with telecommunications technology and more participation by private sectors in developing the telecommunications sector.
In the approved telecommunications bill, foreign telecom companies are allowed to operate in the country with license duration periods from five years in minimum to 20 years in maximum.
The telecommunications bill was submitted to Parliament for approval last November.
On June 27 this year, Norway's Telenor and Qatar's Ooredoo became the first foreign companies to be granted mobile operating licenses in Myanmar.
Myanmar's government invited public tender from local and international investors for two telecommunications operator service licenses in January in the year.
A total of 91 telecommunication companies at home and abroad including multi-national ones bid for the tender and 11 were short-listed to be selected for the final two.
At present, the state-run Myanmar Posts and Telecommunications (MPT) and Yatanarpon Teleport Co. Ltd are undertaking as operators for the country's communication services.
The ministry has reportedly planned to extend up to 10 million phone lines in 2013-14 fiscal year.
Myanmar's government plans to increase the percentage of mobile phone users to 80 percent by 2015.
Currently, only 7.08 percent of the Myanmar's 60 million population have access to mobile phones.
The government is implementing a plan to increase the telephone density to 22.8 percent in the fiscal year 2013-14, 50 percent in 2014-15, and between 75 and 80 percent in 2015-16.
yummygd ( Date: 29-Aug-2013 09:38) Posted:
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I dun see any news report about this.... Anyways might be due to mdr opening the shop
yummygd ( Date: 29-Aug-2013 09:35) Posted:
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? Mdr's whose approved?
rayyeo ( Date: 29-Aug-2013 09:32) Posted:
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telecom license approved by Myanmar Paliarment
Wakin up? Or shortist done playing? Either way shop in myanmar opening soon ya
Let pray for this polar bear to wake up =,.=
Thank you all... now better feeling
gavinl ( Date: 27-Aug-2013 15:14) Posted:
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Lol, good luck.
yummygd ( Date: 27-Aug-2013 15:01) Posted:
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Hihi gavinl i had used up all my remaining funds on advance sct sometime back. Now gotto sit back n relax i think. Though pay day is just around corner maybe buy a little more of mdr if drop more. Collect tiny bit here n there. Good luck to u!! Good time for purchase now!
gavinl ( Date: 27-Aug-2013 14:41) Posted:
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Hi miss yummy, i just show hand and bought my last limit on a single counter since yesterday. Have you?
yummygd ( Date: 27-Aug-2013 14:30) Posted:
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Warrant conversion ? BB trying to buy cheap? Weak holder? Anyone? Frustating haiz . Too many shares in the market . Hard to rally unless BB buys up or super good news. Undervale
psyren ( Date: 27-Aug-2013 14:13) Posted:
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anyone may enlighten me: why MDR super high vol and long buyQ but price down to 0.012?
Thanks
Newbie
Good luck hope price reflect its true value soon.
gufeng ( Date: 25-Aug-2013 21:12) Posted:
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Mdr's NOKIA OFFICIAL SHOWROOM AND SERVICE CENTRE Shwe Gon Taing west road coming soon end Aug.
https://m.facebook.com/Singaporeclubmyanmar?v=timeline& filter=1& __user=100000226974658#!/photo.php?fbid=10201292573337265& id=1260402692& set=o.386398141452197& __user=100000226974658
Damn!!!! Who e hell keep selling MDR??? Brain spoil is it? So annoying! Whas worst my funds bo liao! Cant collect!!
Pixio & Quanli will give Mdr the push in revenue & profit. They will expand this 2 business to Myanmar and Singapore market. Full suit of nokia service in Myanmar will be interesting.
This company is gold. They r expending n having revenue increase all e time.because of growing the business expense are higher. Dun forget its a capable man running this company!
gufeng ( Date: 14-Aug-2013 21:56) Posted:
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expert traders buy 1 lot to test water and see who buying or selling
rayyeo ( Date: 26-Jul-2013 14:27) Posted:
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http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=899162
Revenue and profit after income tax
The Group?s revenue quarter-on-quarter increased by 12% from $70.1 million to $78.9 million, with a similar 12% increase year-on-year from $143.6 million to $160.8 million. The increase in turnover was due to higher contributions from its AMS, retail and distribution businesses.
The Group?s gross profit margins quarter-on-quarter remained flat whereas on a year-on-year basis margins declined by 1% due to sales mix.
Due to higher operating expenses, in particular higher manpower costs, net profits for the Group declined by 39% from $0.8 million to $0.5 million quarter-on-quarter and 43% from $2.4 million to $1.4 million year-on-year.
The Group has completed its acquisition of Pixio Sdn Bhd (?Pixio?) on 1 July 2013 Pixio is an established large format digital inkjet printer for out-of-home and retail advertising in Malaysia. Based on Pixio?s last quarter results (April 2013 to June 2013), we are optimistic that Pixio will become one of the Group?s key business divisions, and contribute positively to the Group?s future revenue and profit numbers.
The Group has completed the due diligence exercise for acquisition of the businesses of Shenzhen Quanli Leather Co., Ltd., and completion of the acquisition is expected by third quarter of 2013.
MDR Myanmar Co., Ltd., the Group?s joint venture company in Myanmar, is expected to commence business operations by end of August 2013.
who keep buying 1 lot?
Test water...selling force seems not strong as before.
yummygd ( Date: 26-Jul-2013 14:09) Posted:
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