I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!
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2021-06-19 18:07 | Report Abuse
A SCR was proposed at RM1.10 when MAA was trading at around 60 sen. After announcement the following day it went limit up to 90 sen and the days after went further up to around RM1.05. However the SCR failed at the EGM when more than 10% of the minority shareholders voted NO to the offer price of RM1.10 hoping that the offerors might revise the offer upwards. The offerors reacted angrily to the failed SCR attempt. My average cost of MAA was 60 sen and I sold the off all before the EGM at RM1.04 and haven't bought back.
2021-06-18 10:20 | Report Abuse
SSlee, follow Mikecyc buy Insas at 0.79 and then exit at 0.91 within 2 weeks.
2021-06-17 23:59 | Report Abuse
It's not a safe bet because there's no guarantee the SCR will succeed just like what happened to MAA a few years ago because it takes only 10% of the non-interested shareholders to vote NO for the SCR to fail.
2021-06-16 14:13 | Report Abuse
Tortoise not been fed enough kangkung.
2021-06-16 13:22 | Report Abuse
@ Sslee, this Mikecyc is actually an intelligent investor. He quietly buys low and quietly sells near peak.
2021-06-15 19:09 | Report Abuse
Congratulations to Mikecyc for quietly buying Insas at 79 sen and then quietly selling off at 91 sen.
2021-06-15 19:05 | Report Abuse
Owners of 2 shares will end up with 3 shares plus 1.5 new warrants.
2021-06-09 10:04 | Report Abuse
Export contributes much greater profit margin. Domestic selling price within Kazakhstan is set low by the Kazakhstan government.
2021-06-08 23:22 | Report Abuse
Source is the Ministry of Energy of the Republic of Kazakhstan, haha.
2021-06-08 12:52 | Report Abuse
Bought at 71 sen this morning.
2021-06-02 20:06 | Report Abuse
Got one month automatic extension to report QR due to Covid-19.
2021-05-29 19:01 | Report Abuse
Pensonic and Prolexus look promising.
2021-05-27 20:19 | Report Abuse
Cepat already reported QR a few days ago.
2021-05-27 20:18 | Report Abuse
Pensonic has smallish free float.
2021-05-27 20:15 | Report Abuse
10.52 sen per quarter, annualised will be 42 sen.
2021-05-26 15:07 | Report Abuse
Hold until KYY blogs to say Pensonic is underrated.
2021-05-15 13:26 | Report Abuse
Buy before the pump, sell before the dump.
2021-05-13 21:01 | Report Abuse
Problem is WC isn't in a hurry to privatise despite owning close to 75%.
2021-05-12 19:24 | Report Abuse
aklobi, need to diversify into other counters.
2021-05-09 18:20 | Report Abuse
In December I sold off all, first round for 30% gain. Then in March I bought back @ average price of 64 sen. On Thursday I sold off half, second round for 32.5% gain.
2021-05-09 16:19 | Report Abuse
@Sawadi, yes, if you consider one lot as 1,000 shares.
2021-05-09 12:45 | Report Abuse
On Thursday I sold half @ 85.5 sen. Good luck to all those who bought from me.
2021-05-08 21:47 | Report Abuse
Free float is 57,643,000 shares.
2021-05-07 22:39 | Report Abuse
Privatisation via SCR at 90 sen.
2021-05-07 16:08 | Report Abuse
Already sold half for 32.5% gain yesterday, still holding half.
2021-05-07 12:58 | Report Abuse
Sold off at 89.5 sen, thank you for the 35% gain.
2021-05-05 19:44 | Report Abuse
Should I continue to hold or sell tomorrow for over 30% gain?
2021-05-05 19:27 | Report Abuse
If closing price is at 20 year high, then every shareholder is sitting on unrealised gains.
2021-05-02 16:23 | Report Abuse
The warrants are not free. The issue price of the warrants has not been fixed yet, the indicative issue price is 3 sen.
Stock: [MAA]: MAA GROUP BERHAD
2021-06-20 09:59 | Report Abuse
The NTA was around RM2, I think a group of minorities comprising individuals was holding out for at least RM1.50 The offerors reacted angrily after the EGM in an outburst interview with reporters and said something like there will not be another offer ever again.