ABMB is a laggard stock despite exceptionally good results reported. At this rate, it is expected to drift lower due to selling pressure.

Uptrending and big volume this morning. More upside ?

Ex-dividend on 13/09/2023. Be mindful of price readjustment and market sentiment then.

Banks stocks will perform as the expected improved 1/2 year results will be released soon.

Any good news for T in pipeline ?

The trend has changed. More ups than down. Possible, TP at RM1.00 will materialise this time.

No strength.

0.12 cents done. What a stock ?

Biggest fraud . Bankers were not spared.

A minority shareholder leaking its wounds. Money all gone down the drain. To lose big is simple but to win big .... is an uphill tasks. When bankers have initiated CPs against the company and with Liquidators appointed, it's considered the End Game unless new developments convincing enough to satisfy the consortium of Bankers not to pull the rug.

Poor Quarterly results announced recently were within expectation. The proposed share consolidation exercise is to window dress the depleting shareholders fund.
The main cake will be the proposed Rights Issue cum with the sweetener free WC. Diversification into gloves venture is just to support its call for the Rights Issue. How successful will this venture be by Year 2022 is uncertain and is a cause for concern.
Another concern is none of the existing Directors have the experience or expertise in gloves manufacturing. Only rely on the recently appointed Executive(s) whose past experiences were mainly a consultant and lacks on the job technical skills.
The adjusted share price upon completion of the proposed consolidation and rights issue exercise may not be to our expectation, depending on market timing and flotation of the shares. The mother share may hover around 0.13 to 0.14 cents only while the FREE WC may not be favourable.
If we have bought PDZ earlier at last year's price, say at around 0.14 to 0.18 cents,current shareholders will still be out of pocket upon completion of this exercise.

Bad news for the shareholders for this counter. Business viability in the near future is a concern. What happened to the e-commerce logistics tie-up with Sanichi ? Called off ?

Someone played the market and short it. Not Khazanah. As far as Khazanah is concerned, the votes already closed and counted. Should it be rejected, they may opt for Plan B which is very unlikely for obvious reasons. The news will be out soon. Khazanah may come out with another option / or offer subject to approval by the PM.

How high will it go further ? Any UMA from Bursa ?

An exceptionally high payout for retrenchment/or VSS.Other MNCs would not have offered that much unless u are a very senior staff with more than 25 years of service. Have you all lodged your Proxy Form to vote ? Say NO is one thing but to vote counts at the end of the day. But its too late now. The EGM is on. Attend in person for those in KL.

Vote against to show the strength of the minority shareholders. It is better to be a bankrupt company altogether. Minority shareholders only lose peanuts whereas Khazanah will lose substantially. The proposed restructuring is just an eyewash. There is a hidden agenda behind the whole episode. If the business no longer viable, why Khazanah wants to pump in more money to form NEWCO to continue operating the airline.

This is a total rubbish proposal on restructuring MAS. Tun M has said it right from the beginning that if they are capable to do it, why can't they do it with 67% controlling interests in the company. I have sent my Proxy Form last week to vote NO.

Congrats. You bought it at the lowest for the day on 16/10/14.

I think the price of this stock will hover at this level between 0.42 to 0. 48. All the news already out except its performance in the near future. Look at 0.42 as the entry point. The lowest last week was 0.39.

Should we hold on to this stock at prevailing market conditions? It may go down further.

A bailout plan is a bailout plan. It is not an investment plan. But this time around, it is being progressively disbursed and into a NEWCO. This is " corporate game " of highest intelligence.

Tajudin Ramli was bailed out without losing a cent in MAS and he was paid RM8-00 per share in MAS eventhough it was being traded at about RM3.86 then in the late 90s. This arrangement was approved by Tun.

How about ordinary shareholders ? Not even at PAR value of RM1-00 which was MAS ipo price. Ha,ha,ha. The history of MAS is very interesting. See how funds are depleted progressively from this cash rich GLC at one time.

If the government is not bailing MAS, they would have decided to sell their stakes now to any interested parties. Khazanah can just walked off with RM7.00 billion in this ill-fated investment.

The Govt is definitely not let MAS go into bankruptcy status even if the cash burns out in 6 months time. Think logically. if it goes bust, many others also busts along the line of fire. Will this happen ? If so, then get out of the stock market NOW.

Minority shareholders whom are investors for the long term paid dearly for it.

VOTE AGAINST IT in the coming EGM

collecting at RM0.18. Next push to RM0.20

clap, clap, clap. Watch out 22/8/2014. Results will be announced for 2Q2014. See what will happen to the share price at current level of 0.25

Khazanah is not buying the 30% minority shareholding. It is MAS making a repayment of 0.27 cents to the minority shareholders.Its Capital Reserves and Share Premium account will be cancelled and slashed for the purpose of this exercise. The Paid up shares will eventually be lesser by the minority shareholders portion. Khazanah owns MAS 100% thereafter. Creative accounting.

Valid points raised by Tun. This is nationalisation and not privatisation.

any new development in MAS ?

Gentlemen, please remember KHAZANAH is not owning anymore additional MAS shares. Whatever they have as at date is sufficient. They are cancelling the minority shareholders portion.

No way they will UP the OFFER.

Bankruptcy is not what Khazanah wants. They will lose badly too. If the company, MAS, is folded up, all shareholders in MAS die together. Total loss in the investment.

Not only that, it might also affect the Government's financial position as Khazanah is the state-owned fund owned by MOF which is the government. Hence, bankruptcy is the FEAR FACTOR to be avoided. Kill off the minority shareholders. They do not even want to sell the company to interested parties.

Why take it private for their intended restructuring exercise ? This is to avoid spilling out shitty information to the general public.
Any proposed restructuring can be initiated as long as MAS is still listed in BURSA or placed under PN17.

The only HIGH RISKs is the imminent call for ADDITIONAL FUNDS to fund its operation because of the burn up rate of RM5.0 million per day of operational expenses. Khazanah does not want to pump in more money this way as a shareholder unless the shit in MAS is cleaned up.

This is the dark episode of MAS and a lot of unseen hand in this mess.

As far as Khazanah's shareholding in MAS, they are NOT increasing or decreasing. Everything remains status quo. Khazanah only fork out RM1.4B to pay the minority shareholders.

The minority shareholders shares will eventually be cancelled upon completion of the OFFER exercise.

MAS paid up shares will be reduced after the cancellation and its Share premium account 50% shaved off.

AmResearch has done an analysis today and is posted.

Don't sell is the key word. Hold on to your shares till the last drop for those who have already bought earlier AT higher prices. When the Proxy Forms are sent to you, please fill it up and return to the Registrar to vote FOR or AGAINST the OFFER PRICE of RM0.27 and the proposed restructuring exercise. KINDLY FILL THE FORM CORRECTLY.

Shareholders have the right to reject the OFFER PRICE. Although we only form 30% in the entire shareholding, we still have the voting power to exercise. I am sure the institutional funds hold a substantial block of MAS and at very high prices too.

If everyone rejects the 1st OFFER and if the deal is sincere, they may come up with another OFFER. Won't be surprised, 3 years down the road, MAS will be re-listed at RM0-70 per share as another IPO.