I think it is looks like synidate is manipulating as Theong mentioned that the buying at 100 units per lot and the volume is so low yet the share price moved up at high of 4 sens and closed at up 3 sens at RM0.485 per share.

Happy Winter SOLSTICE!!!!

But low volume.

It is good news for MAA, now we have a good friend in Bursa, hahaha.... shares price is going to move now.....

Price is slowly moving up from low of RM 0.40 per share. Hold it until 2020/2021 and you will be well rewarded.

Based on 30/9/2018 account with cash balance RM142.667 Mil and plus once the money collected from Columbus Capital RM58,000,000 less retention sum RM 5 Mil = 200.667 Mil and plus retantion of RM93.75 Mil from Zurich and RM5 Mil from Columbus. This company is very rich in cash of RM 299.417 Mil . which work out of RM1.09 per share based on 273,517,752 shares.

All other businesses are FREE in the Group. THAT IS WHY I CALLED MAA is a lelong stock.

The risk of capital is Zero, if you buy low and at cureent price of RM0.435 per share, MAA is a lelong stock now, not to mention that the management has just sold Columbus Capita for A$ 21 Million at RM3.00 for A$1.00 , = RM63,000,000-00. and cash per share is RM0.23.

If delisted, we are small investors and nothing we can do execpt to sell the share before delisting or hold on with the shares together with the major shareholders. The management will be more concern and with strong pressure to the Management. They have to come up with a plan to get back to the listing again.

They have extended the announcement was dated 3 April 2018 for the proposed variation plans and hope that SC will not extend again.

For taking private, i think it is slim due to the Management has not increase his stake in the company for long time and chances are this management is not financial strong personally

The announcement is dated 3 April 2018 that Div of RM 32.82 mil to be paid in next 24 months and 3 sens was paid in March 2018 and balance is only 0.09 sens as promised by the announcement.

As for share buyback ,I take the worst sharebuy back price, there is no bases , only on assumption for calculation. It can be anyprice if the Management wants to buy. But why Management is not buying at this price? i do not know.

What is your Capital at Risk if you invest in MAAG (12/12/2018) today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”). 

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date. 
The current Paid-Up Capital of MAAG is 273,517,752 shares. 
If current share price for MAAG is RM 0.435 per share as at 12/12/2018, 

Based on PROPOSAL and I am taking 5 items in the Proposal to do a simple calculation on how risky to invest in MAAG now. 

Based on the Proposal on note f, 
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be cancelled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be cancelled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares. 
The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c,d and g. 

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen less 3 sen was paid in 25th April 2018 and balance is only 3 sen for 2018 and 2019 is 6 sen. 

Based on the Proposal on note b, 
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares). 

Based on the Proposal on note d, 
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 11.27 sens. (RM28,000,000 divide by 248,517,752 shares). 

Based on the Proposal on note c, 
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares). 

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now. 
IF Share price RM 0.435 and (less balance of dividend left for 2 years is RM 0.09 (on note g) less dividend (on note b) is RM 0.162 less dividend (on note d) is RM 0.1127 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.7419), therefore your Capital at Risk is only RM – 0.3069 per share. 

CONCLUSION
It is Risk FREE.

Calculation for future NTA 
Current NTA as at 30/09/2018 was RM1.93. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.7419 . The Future NTA shall be RM 0.7881. 

The above assumption is The Management cannot identify any new businesses to invest .

MAA Market Cap as at today is RM127.185 million or 0.465 per share but Bank and Cash equivalents as at 30-6-2018 was RM 147,866 million plus retention by Zurich Insurance was RM93.75 million = RM 241,616,000-00 or = to RM 0.883 per share.

MAA shares are way below market price, potential of taking private.

Weak hand change to strong hand. very low volume.

What is your Capital at Risk if you invest in MAAG today based on announcement dated 3rd and 17th April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”).

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date.
The current Paid-Up Capital of MAAG is 273,517,752 shares.
If current share price for MAAG is RM 0.615 per share .

Based on PROPOSAL and I am taking 4 items in the Proposal to do simple calculation on how risky to invest in MAAG now

Based on the Proposal on note f,
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be cancelled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be cancelled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares.
The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c, d and g.

Based on the Proposal on note g,
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively.
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen and 2019 is 6 sen.

Based on the Proposal on note b,
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares).

Based on the Proposal on note d,
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 11.27 sens. (RM28,000,000 divide by 248,517,752 shares).

Based on the Proposal on note c,
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares).

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now.
IF Share price RM 0.615 and (less dividend for 2 years is RM 0.12 less RM 0.03 already paid = RM 0.09 (on note g) less dividend (on note b) is RM 0.162 less dividend (on note d) is RM 0.1127 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.7419), therefore your Capital at Risk is minus RM-0.1269 per share.

Calculation for future NTA
Current NTA is RM 1.97. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.7419 . The Future NTA shall be RM 0.8281.

The above assumption is The Management cannot identify any new businesses to invest .

Going forward, if the Management can identify new business very soon, then this could be very exciting for the shareholders to see more improvement in the share price trending up and "Good things come to those who wait".

Why MAA is so bearish at only RM0.62 per share? Why The Management has the mandate for the share buyback from the shareholders during last AGM, and they are still not act on it.
I think MAA is getting more value if they going to keep their promise by giving 3 sen dividend based on the last announcement dated on 3rd April 2018 before EGM.

What is your Capital at Risk if you invest in MAAG today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”).

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date.
The current Paid-Up Capital of MAAG is 273,517,752 shares.
If current share price for MAAG is RM 0.72 per share (Assumption only),

Based on PROPOSAL and I am taking 4 items in the Proposal to do simple calculation on how risky to invest in MAAG now.

Based on the Proposal on note f,
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be cancelled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be cancelled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares.
The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c and g.

Based on the Proposal on note g,
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively.
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen and 2019 is 6 sen.

Based on the Proposal on note b,
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares).

Based on the Proposal on note c,
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares).

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now.
IF Share price RM 0.72 and (less dividend for 2 years is RM 0.12 (on note g) less dividend (on note b) is RM 0.162 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.6592), therefore your Capital at Risk is only RM 0.0608 per share.

Calculation for future NTA
Current NTA is RM2.05. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.6592 . The Future NTA shall be RM 0.9908.

The above assumption is The Management cannot identify any new businesses to invest .

Going forward, if the Management can identify new business very soon, then this could be very exciting for the shareholders to see more improvement in the share price trending up and "Good things come to those who wait".

Wow, now MAA is so cheap after proposed variation to the utilisation of proceeds from the disposal of MAA TAKAFUL BHD.

ACCUMULATION AT RM0.15

The Board of Directors of MAAG is pleased to propose a declaration of First interim dividend of 3 sen per share under the Single-Tier Dividend System in respect of the financial year ending 31 December 2018 to be paid on 25 April 2018 to Depositors registered in the Record of Depositors at the closure of business on 22 March 2018.

MAA Quarterly report on consolidated results for the financial period ended 31/12/2017, on page No 35 on point B14 Dividend Payable....
" The Board of Directors has approved the payment of a first interim dividend of 3 sen per share under the single-tier dividend system in respect of the financial year ending 31 December 2018. The interim dividend payment date will be announced later. "

Pushing higher and i think every shareholder is expecting dividend may announce in line with the 4th Q results.
And knowing the major shareholder is in needs of money for his other companies for the Right issues soon, I am sure he is going to declare dividend for the retail shareholders.

Buying vol keep coming in and the price will move up and up

All noise and waiting for announcement

High Vol at the based compare to last few days, strong support at RM0.74 per share. Good buy for you, Firehark.

MAA has a strong fundamental and it will not going to down further. Wait for month end announcement for good news.

Not much volume and prices drop, it is common.

If a retail shareholder sold the shares at a lower price due to he needs money urgently. That does not show the true value of the share price. So, why worry? Just invest in longer term period, the share price will eventually reflect the true value.

Remember NTA is RM2.05 per share as at 30/9/2017 and lots of cash in hand to find a new business soon.

Will it gap up in the afternoon session?

Based on my calculation, if the land transaction completed and if money of RM750 MIL collected.
The NTA will increase to RM1.54 per share . Cash per share is about RM0.8332 per share.
So, this stock is a lelong stock. I am a shareholder in Dutaland.

When I invested in this company many years ago, one of my friend knew that I invested in MAA, and he told me to sell this stock. He said the management cannot be trusted and one day you will be regretted. So, I asked him, do you know the management very well, he said No. He only assumed that the management is bad because they are not Chinese management. I did not followed his suggestion by selling the share.

I am still holding this stock and i make lot of money in this stock that now i am so happy that I am still keeping MAA.

I am still holding. NTA is RM2.05 per share as at 30/9/2017 and lots of cash in hand to find a new business soon.

If only, that is hope to have Special Dividend for 47 sens by NavinShah, I am not too sure the company willing to consider this move. It will cost the company RM 128,553.340-00. That is a lot of money for the company to pay out.

NO, It is free share at Zero cost

Since the day I invested in MAAG, the Management had written off 30,836,000 shares. On 1/12/2015 -written off 1st lot of 11,661,500 shares and 01/12/2016 - written of 2nd lot of 19,174,500 shares. The management intention is create more value to the shareholders and pay less dividend in future. The current shareholders have more dividend to share in the future.

Financial Statements for the period ended 30/6/2017, just extracted a few points for consideration the value of MAAG,
1. Investment assets - RM389,503,000 Less Liabilities on 2 items Insurance contract liabilities of RM127,325,000 and Trade and other payables RM51,226,000 = RM210,952,000
2. Trade and other receivables RM93,617,000
3. Cash and cash equivalents RM97,342,000
Add up 1+2+3 =RM401,911,000 and divide by no. of shares issued 273,517,752 = RM1.469 per share.
At present, MAAG share price is very bearish at RM0-80 per share, but i see this stock is very under value.
I am still a shareholder since 01/01/2012

Retention sum of RM93,750,000 will be received on 30/06/2018

Something is cooking up, MAA today trading volume increases 3 to 4 times normal trading volume for the last 30days

If a company sells the land, is the company subject to 6% GST payment to the Government?

The Board of Directors of MAAG is pleased to propose a declaration of second interim dividend of 3 sen per share under the Single-Tier Dividend System in respect of the financial year ending 31 December 2017 to be paid on 23 October 2017 to Depositors registered in the Record of Depositors at the closure of business on 2 October 2017.

MAA GROUP BERHAD (471403-A)
(Incorporated in Malaysia)
NOTES TO THE REPORT FOR THE FINANCIAL QUARTER AND PERIOD ENDED 30 JUNE 2017

Reference to Note B14 - DIVIDEND PAYABLE

During the financial quarter ended 31 March 2017, a first interim dividend of 6 sen per share under the single tier dividend system in respect of the financial year ending 31 December 2017 amounting to RM16,411,065 was paid on 31 March 2017.

The Board of Directors has approved the declaration of a second interim dividend of 3 sen per share under the single tier dividend system in respect of the financial year ending 31 December 2017. The interim dividend payment date will be announced later.

The total interim dividends paid for the current financial period ended 30 June 2017 is 6.0 sen per ordinary share (6 months ended 30 June 2016: 3.0 sen).

Patient is the game for this counter if you want to make more money. Now to me, MAA is a IPO counter as far as i am concern, waiting for the Management to invest into new business and stay with them for the growth in the new business. This is my way to this investment. you can disagree with me. I am sure MAA shareholders who buy into MAA 5 to 6 years ago and hold until today are all making good money and smiling all the way to the bank .... hahaha...

Hi Balvin71, I hold this stock for about 6 years already and making good money. I am still going to sleep with the Management with new business. I am very confident that they will find a new business soon.

Today volume traded higher and sign of someone is accumulation at RM0.855 per share.

Closing price at RM0.195 per share, it is window dressing by RM0.005. Big boys are trying to buy 4,335,500 shares at RM0.19, but not done.
Tomorrow is AGM , who is going?

Big boys are trying to buy 4,300,000 + shares at RM0.19 and the share mostly traded at RM0.195 per share in the morning session. I am very bullish in this stock. It is a lelong stock. NTA is RM0.59 per share.....

Big boys try to buy 3,200,000 + shares at RM0.19 and at the closing price at RM0.19 per share, but nobody is willing selling at RM0.19 per share. The only way the price will trend higher. This counter is very under value. It is a lelong stock. Support at RM0.19 . NTA is RM0.59 per share.....
I am a shareholder in this stock.

Accumulation today at 0.19 for more than 4,000,000 by big boys. Support at 0.19 . Tomorrow this share going fly, fly,fly soon......
NTA is 0.59 per share.....

Why not propose to the Company Secretary and maybe can link to the major shareholders. Here we are small fish.

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Coming to the end of December, still has no announcement of any M&A. Is it good news or bad news?