http://bonescythe.blogspot.com/

How save to invest in this share base on Regularisation Plan if I buy at today px of 36.5sen per share. I intend to invest 20,000 shares. What is my risk of losing money?

Still a lot of potential for future growth and with good NTA figure and it is a dividend stock. Since this year, the company has declared 6 sen dividend. I agreed with moneycashrich, near future TP is RM1-00.

AGM is coming, the Directors and management has to show something, if not how to report at the AGM. That is why the share price is moving.

Is engineering firm Emrail Sdn Bhd proposal to takeover the listing status of cash company Premier Nalfin Bhd still on?

fortunebullz, I agreed with you. I will buy when the price drop to RM1.20 to RM1.30.

Is anyone going to the AGM?

Thanks for sharing sgshareinvestor

and yet the company going for private placement at RM above RM1++ by the company in the near future. Something is going on in the Company that the retail shareholders cannot understand?

Don't understanding this deal by Pelikan CEO raises stake via put-and-call option. When we buy, we pay cash. But when he buys on put-and-call option. Does he pay cash for the shares? He buys at 49% below market price close yesterday and yet the market this morning is trading at RM 1.40 per share. Can someone explain?

wow, Pelikan flying RM1.00

Trend is your friend, follow the trend, now is uptrend.

Share price has been moving up in the last 2 - 3 weeks. No volume.

Bursa Securities’ approval for an extension of time of up to 31 July 2014 to comply with PN17 of the Listing Requirements for MAAG.

Why share price shoot up to RM0.84 per share but 4th quarter financial results losing RM11 million?

But price move up very slowly due to news on dividend. If no news, the price cannot move, maybe due to PN17. What is the price to TP in the near future, maybe say in a month after the dividend paid out?

Price up to RM0.805. It will go higher. TP RM1.00

Declared dividend 3 sen per share payable on 18-4-2014

No news yet.

Last few days before CNY and until yesterday I saw more that 1,200,000 shares changed hand at RM0.61 before the price start to move and closing at RM0.64. Buyers are coming back and hope for more action today. I agreed with NavinShah.

No demand for this share and price keep on falling.

some price movement for today to RM0.53 per share at noon

It is 2 years now MAA still a PN 17 stock. How long as a minority shareholder still have to wait for MAA to be out of PN 17 ?

The Company is applying to keep asking for extention of time? Why? The Management has no ideas as to how to restructure this company?

Yes, as a minority shareholder, we are very patient investors but we also want some answers. Can Bursa please make the decision soon?

Under the new FSA ruling, MAA, major business is only MAA Takaful ( an insurance company governed by Bank Negara Malaysia).

With reference to disclosures in the reports for the third quarter and financial years ended 30 September 2013 by BURSA, MAA, Q3 2013 Cash Flows reported in the Company - Cash and cash equivalents at end of financial period 30-9-2013 has RM 292,970,000-00

The management reported on 31-12-2013 in BURSA website that the disposal of 55% interest held in MAAKL Mutual Bhd (“MAAKL Mutual”) to Manulife Holdings Berhad (“Manulife” or “Purchaser”) for a total cash consideration of RM56.061 million (“PROPOSED DISPOSAL”) by MAA Group in Bursa has been completed today.

With that, the company should have at least Cash and cash equivalents at end of financial period 31-12-2013 (if the assuming the company does not make profit or loss in this quarter to 31-12-2013) shall add up to (RM 292,970,000-00 + RM 56,061,000-00) RM349,031,000-00 or Cash and cash equivalents per share is RM 1.146.

Based on Bursa report as at 30-9-2013, the NTA per share is RM1.40.
But, Its current share price as at 3-1-2014 is only RM0.64 per share.
It is a huge discount to its cash per share and NTA per share.

Some Investors at i3 investor.com post the question, Is MAA can buy now or not ? What price do you think its worth to buy?? Mind to advice ?

ya lah, whole day flat and with little volume.

MAAG, Q3 2013 Cash Flows reported in the Company - Cash and cash equivalents at end of financial period 30-9-2013 - RM 292,970,000-00

Better Q3 2013 results for MAA

Thank you for sharing. Hope that Bursa will give another extension of time if the management still not ready with a plan regularise its financial condition for the company.

MAA has an extension of time of up to 30 November 2013 for the Company to submit the Plan to Bursa Securities. The Time is only left about 10 days and if the Company has not come up with the Plan to regularise its financial condition for Bursa Securities for approval. What is going to happen to the company shares for the PN17 counter?. Why the company take so long to come up with a Plan?

what is the real price for ASB?

real price will be RM0.80 per share ?

CHEETAH, is only dividend stock, it is not a capital gain stock until now.

CHEETAH, is only dividend stock, it is not a capital gain stock until now.

Now MAA has only one business left, that is MAA Takaful Insurance, and hopefully by 2 -3 years time, it can be like Syarikat Takaful Malaysia Berhad (Takaful Malaysia).

Proposed disposal of 55% interest held in MAAKL Mutual Bhd (“MAAKL Mutual”) to Manulife Holdings Berhad (“Manulife” or “Purchaser”) for a total cash consideration of RM56.061 million (“PROPOSED DISPOSAL”) by MAA Group in Bursa website, Is it good news or bad news?

MAA, I am still holding. Are u still holding? Any news on lifting on PN 17?

Good company, for share trading - no volume. What is the fair value for this company.

look at bryan888 reported on the above on 2-10-2013, he is a point for this share based on strong fundamental

Why is MAA executive chairman Tunku Datuk Ya'acob Tunku Abdullah sending negative news to the investing world that the company has not much option for a regularisation plan to get out of PN17 status, I find it is not logical in the interview in The Sun, If I will him, why send negative NEWS, unless he is thinking of accumulating shares so that he can buy cheap. I feel that something good is coming soon. Do you think he want to let SC to delist his company?

The Sun interviewed MAA executive chairman Tunku Datuk Ya'acob Tunku Abdullah, see link http://www.thesundaily.my/news/857707, and the share price drop to RM 0.63 from RM0.655, volume up more than 2 mil , someone must have accumulating the shares, i think something good is coming soon.

Thanks

Hi, Bryan888, what is the best price to go in ? Why they take so long to submit a regularisation plan to Bursa Securities?

Please look at : http://www.tradesignum.com/discussion_2760_asb-wake-wake,
is it a good buy?

how much is MAA Takaful worth if it is under the new FSA ruling?

hahaha, moving up at RM0.655 now ... be patient and will go higher ....

Thanks for the contribution, maybe I will invest some shares to take advantage of the new FSA ruling under the supervision of Bank Negara Malaysia.

MAA - A PN17 company.
The company is applying to get out of PN17 soon, maybe in sept/oct 2013 ?????
BUT,its current major business is MAA Takaful business and fund management under MAA mutual fund. This co has NTAB of RM1.38 as reported in the QUARTERLY report as at 31-3-2013.
Value wise with cash holding of 50+ cts per share and valuation of existing businesses the company is(almost debt free). Today (17-07-2013)closing of RM0.595 per share.Should the company command a higher market share then RM 0.595 per share?
Based on the audited account 31-12-2012, other foreign shareholders are
HSBC NOSM(A)SB BENEFICIARY EXE-CREIT SUISSE (SG BR-TST-ASING 3,451,300 and HSBC NOM(A)BENEFICRY EXE-MORGAN STANLEY&CO INTERN PLC(CLIENT)2,608,400.
What price do you think its worth to buy?? mind to advice?

any news for MAA ?