treasury share close to 10%, perhaps BOD can consider distribute it as dividen?

I am not expecting an answer here. But raise a question as food of thought for dinner

1MDB issues big junk of bond. Who bought it?

Since SPB and Daiman privatised its undervalued share, will SAB do the same to privatise the land which not revalue since many years ago?

----------TheContrarian MAA is classified as a PN17 company because it lacks a SIGNIFICANT business and this is because its cash holdings is more significant/higher value than the value of its current core business.----------------------

MAA curent core biz is larger than many listed company.

< because its cash holdings is more significant/higher value than the value of its current core business.> If MAA distributes its large portion of cash as dividends, will it be out of pn17? the answer is NO.

joetay 148% subscribed, do u think there is any excess allocation????


Can you explain the excess allocated to 3 major share holders?

BTW, just a simple survey, anyone of you successfully get excessive RI during application?

I m not Calvin nor fan of Calvin. In MNRB case, i just want to say his said is correct at some point but ppl attack him while those campaign to push up the price for releasing purpose are in the dark.

u can pusing whatever you want

CharlesT Keep for long term no worries

CharlesT I m a newcomer to this co few weeks ago only...not ad loyal as some of u here including calvin n his johor sifu

CharlesT 1 more cent to reach my earlier guaranteed return (8%) to Jon Boy

Croc asked to buy b4 ex date, buy the OR and then buy when listing...
Croc said buy and hold for long term while it aims to sell fast to make a fast return above RM1
Eagle said sell b4 ex-date.
Eagle said sell above RM1.00 and Croc target selling above RM1, so who is who idiot?

We are free to think who is lier.

Perhaps Eagle is made the scapegoat to attract attention away from the hunting Croc.

Who aims short term gain is telling the others to hold the share as long as possible......ha ha!

those are disclosure by the major holders when they subscribe the RI, not bought from open market.

Victor dont misleading ppl la...

A cash rich co no need been listed if they no business plan to utilise the cash in new biz or expansion. Afterall, Bursa is the platform to raise fund.

Anyhow, being a pn17 co with too much of cash still a wonderful status than those other pn17. :)

Can i presump that those emerge during the RI period are sharks which sense the bloody gap of pricing? Those loyalty, been given the label of "value investor" whose trap in the shark circle and losing fresh by the illusion of value?

If there is no something in progress, Bursa would not allow to extend the reregulation of its business.

CharlesT did you hold it since RM2.50 two years ago?

Investor 999 炒家托着价格等待机会出货！

donald770 Big shareholders still need to push it up to recoup some profit to lessen big loss result of its price adjustment after its right call.

This might explain why the price hike so vigorously since more shares are into the market.

52 Week High : 2.750
52 Week Low : 0.960

52 week high of 2.75 is misleading after 1.4 times of share created last month.

Last Closing before ex-date = RM1. 56
First Opening after ex-date = RM1. 17
If sold OR at RM0. 15
RM0. 15 + RM1. 17 = RM1. 32 Still lower than sell before ex date.

CharlesT, I see. This explain the unusual price hike after 447,445,870 new shares flood into the market today.

One of the statement from Calvin is right: Buy when RI listed is cheaper than buy with free Right or purchase with OR.

MAA is categorized in Finance Sector in BSKL. It must meet Bursa and BNM regulations that's why it caught in pn17.

MAA building its new core biz by its existing fund.

MNRB co's fund not enough to support its existing core biz hence asking for capital injection from shareholders.

MAA is cash rich.

MAA sold its takaful to Zurich so it no need raise RM200mil from shareholders. Yet MAA distributes special dividends to shareholders from the proceeding of the sales.

MAA affordable to increase its insurance share to 70% in its Philippine insurance co without asking money from shareholders.

MNRB is larger than MAA. But MAA has more than RM200mil cash in hand while MNRB asking RM400mil from shareholders.

On behalf of the Board of Directors of MAAG (“Board”), TA Securities Holdings Berhad wishes to announce that Bursa Securities has vide its letter dated 30 October 2018 decided to grant the Company an extension of time of up to 30 April 2019 to submit the regularisation plan to the regulatory authorities after due consideration of all facts and circumstances on the Application, including
1) the financial position of MAAG based on its latest financial statements, (go Green? )
2) the Company’s on-going businesses that are revenue generating (biz is performing?)
3) as well as the developments towards regularisation of its financial condition. (Australia and Philippine? )

bought RM2.50 not wrong given so many ppl here said this is a very very undervalue worthy invest stock...A good investor will cut loss and leave immediately if thing seem not right. Unlike some others, at least Calvin admit the uncontrol mistake and not allow further loss.

Nicholasming91: Er most of the stocks drop 50% after election

Er..did you mentioned LPI, Takaful, Manulife?

Nicolasming 91 Lol you can sell your mother after OR, and now sell the 90 cents cost share

Those got the Right to buy at RM0. 90 can simply sell and get an instant profit of at least 10% (if price above RM1) in a month by conning ppl into believing it is a bargain now n buy into their hand.

This statement is interesting: " To the best knowledge MAA is not aware of any material transactions, corporate developments, any rumour, explanation or report which might materially and adversely affect its share prices. "

CharlesT, from the MBSB experience, share price will drop lower than RI price for the 1st 6 months, why you buy MNRB before the listing of RI this round?

iF one own a MBSB before 14 Mar 2016, the opening share price on the announcement is RM1.33.
Let's say he subscribe the RI and paid only RM0.59. The total cost for two shares is RM1.92 or Rm0.96 per share. For today RM1.00 price, after two years, the paper gain is RM0.04 plus dividend of RM0.080. From June 2016 to Oct 2018, the ROI is 5.18% compound return.

If one sold MBSB at the first day of listing of RI on 29 Jul 2016 at highest price at RM0.71 with the same entry cost of RM1.33 as above example. He make a loss of RM0.50.

Yes I know but you can not say the RI price is Rm0.59 because you entitled a 41 cents "bonus issue" . Look, it is before Companies Act 2016 cancel the par value so the RI price must not below RM1.00 of its par value. If the par value still presence, MNRB RI must not lower than RM1.00.

MBSB RI price in 2016 is RM1.00. after 2 years plus, it is RM1.00. In between you got Rm0.08 cents.

Contrarian, someone pretending he is value investor said it is a value buy and fat dividend is coming, it is good stock, bla bla bla.. One of the indicator of whether a stock value buy or value trap is look its return over 5 years like what we see in unit trust portfolio. Only mid to long term investor mind whether the management of a company really appreciate loyalty of the share holders or not. Those short term players/shark just want to goreng n sell his share to naive investor or trying to gain the gap of up down of price.

Ask those Value Investors who said the same 5 years ago: what is their return for being royal over 5 years. do they feel con by the RI?

Ask The Value investors who said the same 5 years ago do they feel con by this RI

Insurance co sell high risk deal to reinsurance. Safe bet will also keep by insurance co themselves.

Ha ha ha

From your "proof" above, Zeti never said to improve the share price. Dont put words into her mouth n misleading readers here.

i don't believe Zeti said she aims to improve GLCs share price. Show us the news.

Victor Yong said: Zeti of PNB has mentioned that she aimed at improving the share price of GLCs if not mistaken :)

I don't think Zeti had issued this statement. Show us your evident.

2 Days, OR -6 cent; mother -3 cent

Price doesn't matter you mean? why it is so cheap???

Victor Yong, where your news come from? You have been campaign this counters for weeks, let's tell us what you hold n at what cost, let all learn how good is your investment.