舉債來投資 MEGAN 值得嗎 ? （九）

piao2

哈哈..没有牵涉到你啦..
我看到zhehui 在那个帖的回复..但是我已经告诉自己不再发帖在那里了..


我现在只对一些认真的人发表而已, 他们的火花让我手痒..哈哈!

[ 本帖最后由 chukh1 于 6-6-2007 06:40 PM 编辑 ]

没有啦，只是让你消消气，我知道不是我造成的。
其实，何必改贴呢？又怕神秘失踪？

火花四溅，知识和真理也在火焰中照亮大地。

piao2

tip 1：william J O' Neil
tip 2: 24 lessons for investment success
吊吊瘾

PS:虽然用这个不是很准确。

chukh1

原帖由 piao2 于 6-6-2007 06:47 PM 发表


没有啦，只是让你消消气，我知道不是我造成的。
其实，何必改贴呢？又怕神秘失踪？

火花四溅，知识和真理也在火焰中照亮大地。

没什么..收到一通电话而已..
佳丽是启发我投资之路的地方..做人饮水思源, 我有本分维护它..
你们吹水都要吹的有分量一些..
不然那些天天用红字,天天"哭爸哭妈" 的人短讯给高层, 背后插你们两刀..
高层又为了关全大局..难做人..

你们得空就多让他们了解吹水和灌水&发泄的定义..
我现在只对"火花" 来做人而已..
人生短短几十年, 什么该做, 什么不该做..我很清楚..

khokhokho

原帖由 piao2 于 6-6-2007 06:50 PM 发表
tip 1：william J O' Neil
tip 2: 24 lessons for investment success
吊吊瘾

PS:虽然用这个不是很准确。

反正新加坡的子公司的事情，也有下落了，所以下來還是MEGAN的營業額和Blu-rayDisc了，到現在MEGAN生產Blu-rayDisc，他們是要如何SELL出去，還是一大問題，如果沒人幫的話，那就有問題了。

8years

投资之路，说易行难。送大家一首“上海滩“
让大家怀旧，冷静
在加一首：铁血丹心

http://www.abcd.com.my/sanhaitan.mp3
http://www.abcd.com.my/tiexuedanxin.mp3

kitkatlow

原帖由 piao2 于 6-6-2007 06:39 PM 发表


语气重了些
烧鱼是吃定了，teluk gong的如何？ 靠近吗？

心情，心魔，最难控制。
这一战的确是刻苦铭心。

pandan indah 的dagang 燒魚出名，每天滿座。。。
最近心情縹緲不定，要就趁快。。。

猪先生2

告戒网友，看人夭要小心，那些人可以信，看他说话就能知道，那些人吹牛，看他举动就能知道，说话一流，做事九流，逃避责任一流，推卸诺言更是一流，看MEGAN就能看出人间百汰

斑竹你吹水PANDAN INDAH吃的不用册，我这篇帖子告诫更加不用册吧！是不是讲你的朋友就要册？这样公正何在？尊重发言权，你可以吹水，我也可以

[ 本帖最后由 kitkatlow 于 6-6-2007 10:07 PM 编辑 ]

猪先生2

原帖由 猪先生2 于 6-6-2007 09:58 PM 发表
告戒网友，看人夭要小心，那些人可以信，看他说话就能知道，那些人吹牛，看他举动就能知道，说话一流，做事九流，逃避责任一流，推卸诺言更是一流，看MEGAN就能看出人间百汰

斑竹你吹水PANDAN INDAH吃的不用 ...

斑竹你很莫名奇怪，字眼放大的可是我的名句精华，句句苦口婆心，每天早读夜念能斩妖避邪，好过别人吹水篇有意义很多很多倍，你编辑了也太不像话了，万一网友看漏这几句，岂不是少打救一人，阿尼陀佛，善哉！善哉！

[ 本帖最后由 猪先生2 于 6-6-2007 10:20 PM 编辑 ]

sambora

原帖由 猪先生2 于 6-6-2007 10:19 PM 发表

斑竹你很莫名奇怪，字眼放大的可是我的名句精华，句句苦口婆心，每天早读夜念能斩妖避邪，好过别人吹水篇有意义很多很多倍，你编辑了也太不像话了，万一网友看漏这几句，岂不是少打救一人，阿尼陀佛，善哉！善哉！

如果你真要救人就解绍网友一支会起的股吧.只会批评不会建设没甚么了不起吧!

corso

0。315 -30% = 0。220:@ :@ :@

东邪

原帖由 corso 于 6-6-2007 11:51 PM 发表
0。315 -30% = 0。220:@ :@ :@

1块钱以下没有30%限制，是30cts限制！

mjchua

原帖由 东邪 于 7-6-2007 12:54 AM 发表

1块钱以下没有30%限制，是30cts限制！

不知道會 suspend 到什麼時候

小时候胖不是胖

原帖由 猪先生2 于 6-6-2007 10:19 PM 发表

斑竹你很莫名奇怪，字眼放大的可是我的名句精华，句句苦口婆心，每天早读夜念能斩妖避邪，好过别人吹水篇有意义很多很多倍，你编辑了也太不像话了，万一网友看漏这几句，岂不是少打救一人，阿尼陀佛，善哉！善哉！

我能明白你的苦心，都怪好人太善良，斩草不除根春风吹又生，孽报～
要过好日子，就得摊牌解决。
"饮水思源"这些守旧观念，是人类最脆弱的，"一撮"只会神化自己的人，最会把握这机会。这思想要弃如敝屣，你才会看见一道彩虹～！
一些人不是很唾弃打着公益旗号来售卖日用品的商贩吗？一些人不是很喜欢心狠手辣进行侦探的吗？
当年勇去哪里了～？拿出魄力，颠覆酸臭的迂(愚)腐思想，到吉兰丹走走去。
我向你致上最崇敬的谢意，id贵精不贵久，你的短暂火花照亮了整片天空，比那些九等星可贵多了～

四伯爽

原帖由 小时候胖不是胖 于 7-6-2007 07:03 AM 发表



我能明白你的苦心，都怪好人太善良，斩草不除根春风吹又生，孽报～
要过好日子，就得摊牌解决。
"饮水思源"这些守旧观念，是人类最脆弱的，"一撮"只会神化自己的人，最会把握这机 ...

“字眼放大的可是我的名句精华，句句苦口婆心，每天早读夜念能斩妖避邪，好过别人吹水篇有意义很多很多倍，你编辑了也太不像话了，万一网友看漏这几句，岂不是少打救一人”

是你们神化你们自己吧
够力！

Mr.Business

Thursday June 7, 2007

Megan faces debt woes

By KATHY FONG
PETALING JAYA: Megan Media Holdings Bhd was told by Bursa Malaysia to suspend trading in its shares following a default in debt repayments of RM47.3mil, said a company official.

The company's two subsidiaries, Memory Tech Sdn Bhd and Singapore-based MJC (S) Pte Ltd, were unable to pay their creditors, mainly bondholders, due to the strapped cashflow as a result of mounting trade receivables.  

MJC was last month sued by its creditor The Bank of East Asia (BEA) for a claim totalling S$3.04mil (RM6.7mil) over banking facilities granted by BEA.

Megan Media's shares were suspended from trading yesterday until further notice.  

The stock was last traded at 31.5 sen. The share price has fallen 31 sen, or nearly 50%, since the beginning of the year amid concerns on the optimal disk maker's financial health.  

In its latest statement, Megan Media said it was still solvent.

The company said it would be able to pay all its debts in full within a period not exceeding 12 months from May 4 if it managed to complete its debt restructuring during the said period.  

A company official told StarBiz Megan Media had hired a consulting firm, Sage 3 Capital Sdn Bhd, to advise on the debt restructuring exercise. The consultant started work about three weeks ago.  

According to the company's balance sheet as at Jan 31, its borrowing totalled RM888mil. Its receivables grew to RM430.3mil from RM319mil a year ago – an unhealthy sign of slow payments by its customers.

Its cashflow statement showed a negative net cash of RM57.9mil generated from operating activities.  

However, Megan Media remained profitable.

For the nine months ended Jan 31, it recorded higher net profit of RM39.2mil against RM36.7mil in the previous corresponding period.  

Revenue rose to RM774.6mil from RM712mil. Earnings per share came in at 19.27 sen compared with 17.96 sen.  

The company's substantial shareholder and founder George Yeo Wee Siong sold down his stake to 1.97% in February from 11.2% in August last year before Megan Media's financial problem surfaced.  

Yeo and his brother Wee Kon, who was also a substantial shareholder of Megan Media three years ago, also founded MJC.  

The floppy disk manufacturing company was injected into Megan Media in 2004 for RM97.2mil.

http://biz.thestar.com.my/news/s ... 56&sec=business


XXXXX

財經新聞 updated: June 6, 2007 21:52

普華永道接管子公司
媒岸控股停牌


（吉隆坡6日訊）媒岸控股（MEGAN，7101，主板工業）宣佈，將委任普華永道（PricewaterhouseCoopers）為臨時接管單位，負責調查旗下無法如期償還債務的MJC（新加坡）。

配合是項宣佈，媒岸控股今日早上9時開始暫停交易。媒岸控股最后報價為31.5仙。
媒岸控股昨日向馬證交所表示，新加坡高等法院指示，普華永道是MJC（新加坡）的臨時接管單位。
另外，媒岸控股在5月4日指出，因旗下Memory科技與MJC（新加坡）債務增加，導致週轉不靈。
截至4月30日，Memory及MJC總債務達4736萬令吉。

http://www.chinapress.com.my/content.asp?dt=2007-06-07&sec=business&art=0607bs29.txt

[ 本帖最后由 Mr.Business 于 7-6-2007 08:14 AM 编辑 ]

小时候胖不是胖

从我们取的名字和神一比较，份量已经输人一大截了。
有关胖的影响，怎样才能好好地神化自己？不被人笑话就很好了。
几何级数的获利膨胀？从没有到三百万。名字取的是苍劲有力，别有用心，正好是"养兵千日用兵一时"最佳证据～丹州之旅有机会我一定会去的。

Mr.Business

原帖由 Mr.Business 于 6-6-2007 10:24 AM 发表
Judicial managers跟receivers and managers是不一样的 (Singapore的法律认为是不一样，我国的法律我就不清楚了)。

看了以上两篇报道，似乎是Bursa要求Megan暂停交易的。
最坏可能：Bursa认为Judicial managers的作用跟Receivers and Managers是一样的。如果真是这样的话，Megan可能就会进PN17了。

origen

Company Name        :        MEGAN MEDIA HOLDINGS BERHAD
Stock Name         :        MEGAN
Date Announced        :        06/06/2007


               
Type        :        Announcement
Subject        :        Interim Findings of Investigative Accountant ("IA")

Contents :

Further to Megan Media Holdings Berhad's ("the Company") announcements on 4th May 2007 and 9th May 2007 pursuant to Practice Note 1/2001 and Amended Practice Note 1/2001 and following the Company's meeting with its Creditor Banks on 11th May 2007, the Company, at the behest of its Creditor Banks, had appointed Ferrier Hodgson MH Sdn Bhd as its Investigative Accountant ("IA") for its wholly owned subsidiary, Memory Tech Sdn Bhd ("MTSB") on 17th May 2007.

The Company has now received a preliminary report from its IA dated 6th June 2007. The following are critical findings presented in the report:-

· There are substantial irregularities in the MTSB's financial statements, leading to its financial position having been materially misstated

· MTSB appears to have created fictitious trading creditors and debtors to overstate purchases and sales

· MTSB appears to have financed the payment of fictitious trading creditors through bank debt and recycled the cash through other entities to appear that repayments were being made by fictitious trading debtors

· MTSB has grown its "trading" business over time but particularly in the 2007 financial year and at an increasing rate during the year

· The IA's site visits to the supposed trading locations of the trading debtors and creditors shows that they are fictitious

· Ultimately, all trading creditors were paid (payments were actually made to other parties than that shown in the accounts), allowing cash to be paid out of MTSB and the trading debtors remain outstanding and are unlikely to be collectible at all

· MTSB's payment of a deposit of RM211 million for 13 production lines also appears to be fictitious


The report implies that there are related party transactions which have not been disclosed

The report also set out a Net Realizable Value which indicates that MTSB has potential shortfall in assets of RM456 million. Further, value of MTSB's fixed assets of RM585 million requires further investigation and the realizable value is unknown.

The report refers to the current situation with regard to license fees due to Koninklijke Philips Electronics N.V. ("Philips") and the threat to the manufacturing of CD-R and DVD-R. The Company is in the midst of its endeavours to resolve the outstanding amounts due to Philips.

The IA has set the next steps which include further investigations to determine what has occurred. The final report from the IA is expected within 6-8 weeks.

The Company and Creditor Banks are meeting this week to discuss on the course of the investigation and the appropriate steps in terms of restructuring the Company.

The report indicates that MTSB has sufficient short term cash flow based on its current modus operandi. Further, the Board believes that with the cessation of its trading business, the Company can now focus on its legitimate manufacturing business. All business with respect to manufacturing is being carried out as normal and the Company is continuing to fulfill purchase orders from the manufacturing customers.

The Board will continue to update the shareholders on the progress of the investigation, its discussions with Creditor Banks and other critical matters relating to the business.

origen

Company Name        :        MEGAN MEDIA HOLDINGS BERHAD
Stock Name         :        MEGAN
Date Announced        :        06/06/2007


               
Type        :        Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID        :        AL-070606-45835
Subject        :        APPOINTMENT OF INTERIM JUDICIAL MANAGERS TO MJC (SINGAPORE) PTE LTD ("MJC")

Contents :

We refer to your letter of even date and respond to your queries as follows:-

1. The particulars of the Interim Judicial Managers ("IJM") are Mr. Ramasamy Subramaniam Iyer @ Rajendran, Mr. Goh Thien Pong and Mr. Chan Kheng Tek of PricewaterhouseCoopers ("PwC"), 8 Cross Street # 17-00, PWC Building, Singapore 048424.

2. The details of the events leading to the appointment of IJM are as follows:-

            On 4th May 2007, MJC's holding company, Megan Media Holdings Bhd announced that its subsidiaries, Memory Tech Sdn Bhd and MJC were unable to meet maturing trade facilities.

            Following this announcement, MJC's creditor banks appointed PwC as its Independent Financial Advisor on 15th May 2007.

            Pursuant to a meeting between MJC, its creditor banks and PwC on 24th May 2007, MJC and its creditor banks agreed to appoint PwC as Interim Judicial Managers to MJC to undertake the following:-

a) to preserve and take into custody and control all of MJC's books, records, documents and assets rightfully owned by MJC;

b) to prevent any possible dissipation of important evidence and / or assets pending recovery efforts which required time to be put in place;

c) to manage the operations and affairs of MJC in view of resignations by key management staff;

d) to manage MJC with a view of maintaining the status quo while safeguarding the interest of creditor banks; and

e) to provide accurate, independent and objective assessment of MJC's financial standing including the extent of assets and liabilities and potential for turnaround.

            On 1st June 2007, MJC's Board applied to the High Court of Singapore for an Order to appoint PwC as Interim Judicial Managers.

            Subsequently on 5th June 2007, the High Court of Singapore granted the Court Order to appoint of Mr. Ramasamy Subramaniam Iyer @ Rajendran, Mr. Goh Thien Pong and Mr. Chan Kheng Tek of PwC as Interim Judicial Managers to MJC.


3. The IJM's terms of reference are set out in Section 227G of the Companies Act (Singapore) and the Singapore High Court Order of 5th June 2007 which is enclosed.

4. The appointment of the IJM is not expected to have any immediate material financial and operational impact on the Group.

5. The IJM's appointment will not have any immediate material impact on the business operations of MJC and the group at the present time as the IJM will endeavor to preserve the status quo.

6. Pursuant to Section 227G (2) of the Companies Act of Singapore, all powers conferred and duties imposed on MJC's directors by the Act or by the Memorandum or Articles of Association of MJC shall be exercised and performed by the IJM and not by the directors.

7. We confirm that MJC remains a wholly owned subsidiary of Megan Media Holdings Berhad.

We will update Bursa Malaysia of any material developments.

Yours faithfully,
For and on behalf of
Megan Media Holdings Berhad


Jeyabalan Parasingam
Deputy Chief Executive Officer

c.c. Mr. Chung Tin Fah
Securities Commission





Query Letter content :
We refer to your Company's announcement dated 5 June 2007, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:
The particulars of the Interim Judicial Managers.
The details of the events leading to the Appointment.
The terms of reference of the Interim Jucidial Managers.
The financial and operational impact of the Appointment on the group, if any.
The effect of the Appointment on the business operations of MJC / your group.
The role of the board of directors of MJC/your Company in light of the
Appointment.
A confirmation as to whether MJC is a major subsidiary.


Please furnish Bursa Securities with your reply immediately.



Yours faithfully,


TAN YEW ENG
Head, Issuers
Listing Division
Group Regulations
LAL
copy to :- Mr Chung Tin Fah
Securities Commission (via fax)
© 2007, Bursa Malaysia Berhad. All Rights Reserved.

LK-Park

又是假帐！！:@ :@