BOV and Maltacom Shares

[strickland 10th district]

Everyone knows that BOV is a good bank and has a safe value which will soon be sold.

What people know little about is that Maltacom is formed from a large number of companies with quite a number of them having great value. The shares of Maltacom have a current value of Lm1.93 and to make it very simple just to explain,it means that each company is worth 0.09 a share. Impossable but true. Super undervalued. Once it was priced as high as Lm3.40 without two of its present large companies. So what is its real value? One Liberal newspaper attacked its value but the stockbrokers who understand said that the arguement does not hold.They are right. Some people bought every day to the value of Lm300,000 and the price moved up but once this newspaper attacked its value the price droped .Again, a few buyers moved in with very huge sums of money.
Selling Maltacom shares is not a smart move now because it had 20 offers to be bought. The company will change its name with its new owners and just like every time it will most probably have the word Malta in it again,I hope.
The name is important for this company and also that the buyer has a high reputation.

[carlos]

Everyone knows that BOV is a good bank and has a safe value which will soon be sold.

What people know little about is that Maltacom is formed from a large number of companies with quite a number of them having great value. The shares of Maltacom have a current value of Lm1.93 and to make it very simple just to explain,it means that each company is worth 0.09 a share. Impossable but true. Super undervalued. Once it was priced as high as Lm3.40 without two of its present large companies. So what is its real value? One Liberal newspaper attacked its value but the stockbrokers who understand said that the arguement does not hold.They are right. Some people bought every day to the value of Lm300,000 and the price moved up but once this newspaper attacked its value the price droped .Again, a few buyers moved in with very huge sums of money.
Selling Maltacom shares is not a smart move now because it had 20 offers to be bought. The company will change its name with its new owners and just like every time it will most probably have the word Malta in it again,I hope.
The name is important for this company and also that the buyer has a high reputation.

Unfortunately you are misinformed!

On which part of your text, that's up to you now to understand!

Cheers

[Marco Polo]

Everyone knows that BOV is a good bank and has a safe value which will soon be sold.

What people know little about is that Maltacom is formed from a large number of companies with quite a number of them having great value. The shares of Maltacom have a current value of Lm1.93 and to make it very simple just to explain,it means that each company is worth 0.09 a share. Impossable but true. Super undervalued. Once it was priced as high as Lm3.40 without two of its present large companies. So what is its real value? One Liberal newspaper attacked its value but the stockbrokers who understand said that the arguement does not hold.They are right. Some people bought every day to the value of Lm300,000 and the price moved up but once this newspaper attacked its value the price droped .Again, a few buyers moved in with very huge sums of money.
Selling Maltacom shares is not a smart move now because it had 20 offers to be bought. The company will change its name with its new owners and just like every time it will most probably have the word Malta in it again,I hope.
The name is important for this company and also that the buyer has a high reputation.

this is stock manipulation and as far as i know it is illegal. it is abroad at least, jews do it all the time with their media but in more subtle ways.

[strickland 10th district]

Everyone knows that BOV is a good bank and has a safe value which will soon be sold.

What people know little about is that Maltacom is formed from a large number of companies with quite a number of them having great value. The shares of Maltacom have a current value of Lm1.93 and to make it very simple just to explain,it means that each company is worth 0.09 a share. Impossable but true. Super undervalued. Once it was priced as high as Lm3.40 without two of its present large companies. So what is its real value? One Liberal newspaper attacked its value but the stockbrokers who understand said that the arguement does not hold.They are right. Some people bought every day to the value of Lm300,000 and the price moved up but once this newspaper attacked its value the price droped .Again, a few buyers moved in with very huge sums of money.
Selling Maltacom shares is not a smart move now because it had 20 offers to be bought. The company will change its name with its new owners and just like every time it will most probably have the word Malta in it again,I hope.
The name is important for this company and also that the buyer has a high reputation.

Holy Moses !!! I was right... and more right next week.....thats the rightwing for you.:)

[etoile noir]

Holy Moses !!! I was right... and more right next week.....thats the rightwing for you.:)

well done strick :) maybe you could tell us which numbers to bet on for super 5 on wednesday? its the least you could do since EU or no EU we cannot participate in the euro mega million lottery :rolleyes:

[Gladiator]

this is stock manipulation and as far as i know it is illegal. it is abroad at least, jews do it all the time with their media but in more subtle ways.

That's called insider information. In the USA it is a Federal offence to pass on info to brokers before a stock or a company is being sold.:mad:

[Marco Polo]

That's called insider information. In the USA it is a Federal offence to pass on info to brokers before a stock or a company is being sold.:mad:

but this is malta. hbieb tal-hbieb

[strickland 10th district]

Maltacom will double in size because of all the "data taffic" that will pass through its lines of Dubia internet city. So Smart city @ Malta will employ.....3000 people !!!! This Telecom company in Malta will really need Maltacom. Maybe the Independent thinks that the more work,the less money? Go F*** your ............. or should I write about what happened to Lombard shares?

[strickland 10th district]

Lino Spiteri wrote well last time about Tecom and Maltacom. Stage two is coming because Maltacom is the honey pot because its a cash cow.;) Hu ifhem.

Shame if we lose the other investor. It must be at least just as big,if not bigger.How many books will be written about this up coming story.

Manuel island is looking very good with its new buldings and 200 million investment!!!!! but they did take Tigne in Sliema because its easy high value land because it is the cash cow.Hu ifhem.

[Gladiator]

Maltacom will double in size because of all the "data taffic" that will pass through its lines of Dubia internet city. So Smart city @ Malta will employ.....3000 people !!!! This Telecom company in Malta will really need Maltacom. Maybe the Independent thinks that the more work,the less money? Go F*** your ............. or should I write about what happened to Lombard shares?

Good Idea. 10th District Go for it buy the stock NOW! Maltacom shares will take off. How much are they now? How can I buy?

Remember the Stock Market works the same way as Real Estate. Buy Low and Sell High.:p

[strickland 10th district]

Maltacom is very hot. Read what I had written and stage two is coming.;)

[Angelfish]

Everyone knows that BOV is a good bank and has a safe value which will soon be sold.
Correct me if I am wrong please.
If BOV is such a going concern then how can one explain why all the would-be buyers over the years on having a closer look at the books declined to buy?
Has it got to do with the possibility that the offical statements of what goes in and comes out do not mention certain debts tipo the Daewoo thingie for one?
Another thing is that several large companies tipo Enemalta , Dockyard owe the goverment several millions of money in debts.The debts are underwritten (is that the right word to use?) or paid by the BOV to goverment , with the end result that these companies owe the money to the bank actaully. Now, correct me if I am mistaken ., but as far as I know there is never any mention of these debts when the end of year statement of accounts is published.

Re Smartcity, it may be wise not to let people's expectations rise too much. Most of the foreign companies involved are likely to come to Malta with their own enourage of foreign workers so as not to waste time training new local staff. So thsi investement may not translate into teh sort of job creator some may be making it out to be.

I stand to be corrected if I have said some big booboo, as I am no expert in the field but just a keen observer.

[Cikku]

The debts are underwritten (is that the right word to use?)

Written off

[Angelfish]

Thanks, that is what I meant actually.

[Angelfish]

There were a couple of good articles in the Times Business and IT supplement today about Smartcity.

[etoile noir]

Re Smartcity, it may be wise not to let people's expectations rise too much. Most of the foreign companies involved are likely to come to Malta with their own enourage of foreign workers so as not to waste time training new local staff. So thsi investement may not translate into teh sort of job creator some may be making it out to be.

I stand to be corrected if I have said some big booboo, as I am no expert in the field but just a keen observer.

if you're onto some big booboo, allow me to join you.

how can we be expected to believe that smartcity@malta will benfit the maltese when just 2 days ago, air malta announced that it will be outsourcing and giving its IT related work to china [or india?]

what's the point in setting up smartcity when our own national carrier is giving its IT work to developing countries rather than using maltese workers - for the sake of "saving" money?

set up smartcity and employ chindians? what the heck for! set up something that will employ the maltese!

like angelfish, i'm no expert on anything IT related, but i have done a lot of reading on outsourcing. in fact its one of my pet hates.
but i stand to be corrected re smartcity.

[wiking]

[quote=etoile noir]how can we be expected to believe that smartcity@malta will benfit the maltese when just 2 days ago, air malta announced that it will be outsourcing and giving its IT related work to china [or india?]

what's the point in setting up smartcity when our own national carrier is giving its IT work to developing countries rather than using maltese workers - for the sake of "saving" money?
quote]

If this is true, the emoticon says it all :eek:

[Angelfish]

Indians and Pakistanis I heard ., that have been already trained by the companies concerned. In fact I am led to believe that a lot of these construction projects where a lot of so-called luxury flats are being built and then sold at fancy prices are to house all the foreign personnel that will be working on the project and living here. These projects (some making the news of late too) is very good news for all those big shot developers that are building these projects and certain well-connected local firms in certain circles, but for few others.
With war clouds looming in the middle east thanks to Bush and Ahmedinajad of Iran, the gulf is no longer such a safe place for investment and business, but Libja and Malta are.
In Libja, old rehabilitated Gheddafi is in cahoots with these complanies and being the shrewd desert bedhouin that he is , he is making sure to get the best possible deal from these companies for his people. The same I think is not going to happen here. Only the very few will really benefit here.Forsi xi car park u gabbana or park and ride scheme.,insomma, the usual.
I sincerely hope that I am wrong. As I already said earlier, I am no expert and am simply stating a personal opinion based on what I have been observing from what is common knowledge in the regular media.

[Vulf]

if you're onto some big booboo, allow me to join you.

how can we be expected to believe that smartcity@malta will benfit the maltese when just 2 days ago, air malta announced that it will be outsourcing and giving its IT related work to china [or india?]

what's the point in setting up smartcity when our own national carrier is giving its IT work to developing countries rather than using maltese workers - for the sake of "saving" money?

set up smartcity and employ chindians? what the heck for! set up something that will employ the maltese!

like angelfish, i'm no expert on anything IT related, but i have done a lot of reading on outsourcing. in fact its one of my pet hates.
but i stand to be corrected re smartcity.
I believe there's a slight misconception as to what SmartCity really is/will be, and what's happening with the outsourcing of developmental work in IT.

It is true, outsorcing is a reality, and most software development/programming is moving off to India, simply because India currently has the most efficient programming houses in the world, and it comes cheap too. Outsorcing, as things are is inevitable in Malta, the EU, and the US itself.

On the other hand, SmartCity will have nothing to do with software development/programming as such. It's a totally different issue. SmartCity will/should cater for the upper-half of the software chain i.e. jobs that we Maltese aren't used to up to now, simply because most of us still think that IT is nothing but software and programming.

SmartCity will cater for software support services, marketing, consultative services. Of course, it will come cheaper here than anywhere else in Europe...trouble is: IT people on the island are merely geared for it.....let's hope we can make it in time.

With regards as to who will work there...Maltese vs Europeans vs Foreigners from other places....it's tough to say. What I can say is this: EU personnel won't trade their current job for SmartCity simply because of salary reasons, the same goes for personnel from the US...Indians/Pakis and the lot: I believe (from what I know) that there's a very specific aim NOT to employ people from these areas, since HP/DELL and the lot, want their European depts. to work with Europeans...(tough to explain, but hey...all things in this sector are)..Maltese...a substantial amount of Maltese personnel will be employed, theoretically at least. But not everybody is ready for this...forget MCAST people, and forget many of the slow-couches from UOM...

[Gladiator]

The debts are underwritten (is that the right word to use?)

Written off

You mean the government makes good for it. That is the taxpayer.

Re Smartcity, Malta is ideal for Data Management. Security, transfere and other protocols which come through transferes of all softwares.

Angelfish is right in onething. The Persian Gulf, is not safe. There is trouble brewing. Remeber Iran and the atomic Bomb.

The smartcity project is good for Malta, in terms of the projects which will spill over from the IT industries is the Maltese have a good grasp of the English Language. All business transactions in the world are done in English.

[Marco Polo]

regarding Air Malta's oursourcing. I read it as a very small breaking news item on the times website. I have not seen it mentioned elsewhere.

[Vulf]

regarding Air Malta's oursourcing. I read it as a very small breaking news item on the times website. I have not seen it mentioned elsewhere.

I believe it was on the TVM news...

[carlos]

Maltacom, Tecom Investments magħżula fil-proċess ta' privatizzazzjoni





Annette VELLA • 04/04/2006 09:50:12

http://www.maltarightnow.com/content/images/telecommunications.jpg

Il-Gvern se jibda negozjati mat-Tecom Investments LZ-LLC dwar il-privatizzazzjoni tal-kumpannija Maltacom plc. Id-deċiżjoni tal-Gvern hi bażata fuq rakkomandazzjonijiet li saru mill-Kumitat ta' Evalwazzjoni, il-konsulenti finanzjarji Lehman Brothers Europe u l-konsulenti legali Camilleri Preziosi. Wara s-sejħa għall-offerti li kienet saret f'Lulju, il-Gvern kien irċieva ħames offerti inizjali għax-xiri ta' 60 fil-mija ta' l-ishma fil-Maltacom plc.

Wara li l-ħames offerenti għamlu l-eżerċizzju meħtieġ biex jaraw fid-dettal il-qagħda tal-kumpanniji u ntalbu biex jissottomettu offerti finali, il-Gvern irċieva żewġ offerti, waħda mill-kumpannija Tecom Investments ta' l-Emirati Għarab Magħquda u l-oħra mill-kumpannija Abdulrahman Saleh Al Rajhi & Partners tal-Għarabja Sawdita.

Il-prezz offrut miż-żewġ kumpanniji għax-xiri ta' l-ishma fil-Maltacom kien viċin ħafna ta' xulxin. Dak tat-Tecom hu ta' €214-il miljun, filwaqt li dak ta' l-Ararco hu ftit inqas. L-offerta tat-Tecom hi 6.1 darbiet aktar mill-qligħ tal-Maltacom għall-2005 u skond il-konsulenti finanzjarji tal-Gvern Lehman Brothers Europe l-offerta tat-Tecom hi konsistenti mal-valur preżenti fis-suq ta' kumpanniji tat-telekomunikazzjoni. Din l-offerta tirrappreżenta valur ta' Lm1.51 għal kull sehem tal-Maltacom.

Sorsi qrib il-Gvern qalu li fil-proċess tal-privatizzazzjoni l-Gvern qed ifittex sieħeb strateġiku għall-kumpannija u mhux iħares biss lejn il-prezz. Għalhekk l-offerti kienu meqjusa kemm mill-aspett finanzjarju kif ukoll mill-aspett strateġiku u kummerċjali u dak tekniku. B'hekk ingħatat kunsiderazzjoni l-proposta tal-business plan li ż-żewġ offerenti ssottomettew għall-Maltacom kif ukoll x'qed jippjanaw f'terminu ta' teknoloġija u expertise.

Filwaqt li t-Tecom hi kumpannija li diġà hi involuta fis-settur tat-telekomunikazzjoni, l-Ararco għandha biss ftehim ta' sħubija mat-Telecom Italia Sparkle, sussidjarja tat-Telecom Italia. Għalkemm in-negozjati se jibdew mat-Tecom, l-Ararco ma nqatgħetx barra mill-proċess. Il-Kumitat ta' Aġġudikazzjoni kkonkluda li l-proposta tat-Tecom kif sottomessa torbot mal-pjan strateġiku tal-Gvern għall-iżvilupp tal-Maltacom fil-futur.

Ta' min jgħid li t-Tecom hi l-istess kumpannija li l-ġimgħa li għaddiet laħqet ftheim mal-Gvern għall-iżvilupp ta' SmartCity@Malta. Madankollu l-iffirmar tal-kuntratt tas-SmartCity@Malta ma kellu x'jaqsam xejn mal-għażla tat-Tecom bħala s-sieħeb strateġiku potenzjali tal-Maltacom. Sorsi qrib il-Gvern qalu li n-negozjati fiż-żewġ każi kienu separati u saru min-nies differenti.

http://www.maltarightnow.com/adc.asp?module=news&t=a&aid=8285&cid=19

[Ferrum]

Għiduli li tridu, imma li tbiegħ 60% ta' l-ishma ta' kumpanija tat-telekomunikazzjoni Maltija, lil kumpanija barranija, speċjalment Għarbija, ma ddoqli xejn. M'hiniex qed nitkellem fuq xi motivi ekonomiċi, iżda fuq x'inħoss personalment.

[etoile noir]

Għiduli li tridu, imma li tbiegħ 60% ta' l-ishma ta' kumpanija tat-telekomunikazzjoni Maltija, lil kumpanija barranija, speċjalment Għarbija, ma ddoqli xejn. M'hiniex qed nitkellem fuq xi motivi ekonomiċi, iżda fuq x'inħoss personalment.

you do have a point actually. what with the smart city thingy and now 60% of maltacom, how many maltese people will be employed by these saudi arabs?

or are they going to employ foreigners - in yet another outsourcing effort - and say that the maltese are not qualified?

i dont like either of these 2 scenarios

[strickland 10th district]

I have so much to say about this deal that I will need a whole week.One small point, did you notice how the newspapers are hiding the 16 million profit(33% higher) and high dividend inside their newspapers.Look who writes about the subject and how everything possable is being done to keep the price low.