Posted by TheContrarian > 2 months ago | Report Abuse

The total gain is RM29 million and will enhance MAA's EPS by 11 sen.

Posted by TheContrarian > 2 months ago | Report Abuse

Oh dear, price dived.

Posted by dompeilee > 2 months ago | Report Abuse

20c/ shr in cash coming in & price can still drop to 38.5c....only in Malau-sia( or Malu-SIA) lol Luckily I've got six figures invested in Japan, which will in 2025 overtake the size of my local portfolio given the cheapness of the yen & the sales proceeds locally that I will funnel there.

Posted by Cipta > 2 months ago | Report Abuse

dompeilee, what's platform u r using invest in Japan share market?

Posted by dompeilee > 2 months ago | Report Abuse

One of the major IBs. Most of them offer global trading for steep commissions...cannot reveal too much about my own accounts 😉

Posted by TheContrarian > 2 months ago | Report Abuse

Took some profits at 40.5 sen in the morning before the announcement.

Posted by dompeilee > 2 months ago | Report Abuse

First say sold @ 39.5c...then delete & change to 40.5c...Liar alert...another one of those where nothing alleged can be believed lol

Posted by speakup > 2 months ago | Report Abuse

maybe just a honest mistake. give him the benefit of doubt. maaflah, dont be too harsh

Posted by curiousq > 2 months ago | Report Abuse

yes, 20sen /share from Turiya disposal .... doesn't mention whether would give dividend, somehow, he can do so if he wants .....

Posted by TheContrarian > 2 months ago | Report Abuse

Sold a small portion at 9.54 am yesterday. What's the price at 9.54 am?

Posted by TheContrarian > 2 months ago | Report Abuse

Posted by dompeilee > 2023-11-16 17:01 | Report Abuse

Dripped more $ into MAA @ the 44.5c close...🤗 Pity those who chased @ 60c or higher & had to CUT, but if they chose to hold, they would be guaranteed to make $ within the next year at the very latest

Pity those who bought at 44.5 sen.

Posted by TheContrarian > 2 months ago | Report Abuse

Posted by dompeilee > 1 day ago | Report Abuse

Bought more MAA @ 38.5c, going above 10,000 shrs for the 1st time since 2012!

Ten thousand shares? Yesterday I sold 24,000 shares , still have balance 97,100 shares.

Posted by TheContrarian > 2 months ago | Report Abuse

again?


TheContrarian

8,646 posts

Posted by TheContrarian > 2024-01-18 18:09 | Report Abuse

Bought at 35 sen today.


TheContrarian

8,646 posts

Posted by TheContrarian > 2024-01-19 10:33 | Report Abuse

Bought at 34 sen today

On the first trading day in January Kuchai went limit up and I sold off all at 1.62 netting over 30% gain, used the proceeds to buy 100,000 MAA shares at 34 to 35 sen.

Posted by TheContrarian > 2 months ago | Report Abuse

I don't think MAA will declare any dividend as punishment to the minority shareholders for opposing the major shareholders attempt to privatize it at 1.10.

Posted by speakup > 2 months ago | Report Abuse

MAA was one of the early shares sprakup bought when first dabble in klse. That time MAA was trading at rm5+

Posted by dompeilee > 2 months ago | Report Abuse

TheContrarian

Posted by dompeilee > 1 day ago | Report Abuse

Bought more MAA @ 38.5c, going above 10,000 shrs for the 1st time since 2012!

Ten thousand shares? Yesterday I sold 24,000 shares , still have balance 97,100 shares.

5 hours ago

I don't need to believe anyone who already has an HONESTY DEFICIT. I saw your post proclaiming your sale @ 39.5c b4 you DELETED it. Unlikely to be an honest mistake for such an allegedly large position(which is probably a lie to begin with) 😉

Posted by TheContrarian > 2 months ago | Report Abuse

Ten thousand shares only? Hahaha 🤣

Posted by xiaoeh > 2 months ago | Report Abuse

do you read technical chart TheContrarian?

Posted by TheContrarian > 2 months ago | Report Abuse

@xiaoeh, no, I don't.

Posted by Cipta > 2 months ago | Report Abuse

It has been five years since Tengku's first attempt to privatize MAA. Now, MAA has been released from PN17 status but may re-enter PN17 after the sale of MAA Philippines, a lower price compared to 2019, and increased cash reserves. I believe this is an opportune time to consider privatization once again.

Posted by TheContrarian > 2 months ago | Report Abuse

@Cipta, ultimately MAA will be privatized but no one knows when. In the meantime minority shareholders continue to be punished by not getting any dividend.

Posted by Cipta > 2 months ago | Report Abuse

@TheContrarian Perhaps this is the way to force minority to accept the offer price when 2nd attempt coming.

Posted by TheContrarian > 2 months ago | Report Abuse

Probably will be at a lower offer price.

Posted by TheContrarian > 2 months ago | Report Abuse

Long ago before the privatization attempt MAA paid generous regular dividend plus occasional big special dividend. Things turn sore after the failed privatisation.

Posted by TheContrarian > 2 months ago | Report Abuse

A couple of years ago from time to time MAA did some share buy back, hopefully they will resume doing so now that there's cash in the bank.

Posted by Cipta > 2 months ago | Report Abuse

Giving its asset mostly in cash, hostile takeover is possible.

Posted by TheContrarian > 2 months ago | Report Abuse

MAA has a rotten investment in KNM. Lots of cash was wasted there.

Posted by TheContrarian > 2 months ago | Report Abuse

Just bought back MAA at 38.5 sen. Hope price doesn't go lower.

Posted by Cipta > 2 months ago | Report Abuse

When MAA bought Turiya, some shareholders said the same but now they see how much MAA made. KNM is losing money right now, but it still has valuable assets just like MAA. Tengku needs to get more PR with his peers. I reckon everyone will be friendly towards him if he does proper communication and profit sharing.

Posted by TheContrarian > 2 months ago | Report Abuse

Ya, MAA needs to turn KNM around but will take a long time.

Posted by TheContrarian > 2 months ago | Report Abuse

If MAA resumes paying dividend or do a share buy back it will earn itself brownie points from the minority shareholders.

Posted by TheContrarian > 2 months ago | Report Abuse

Bought at 37.5 sen today.

Posted by xiaoeh > 2 months ago | Report Abuse

wait at 0.355...
possible..?

Posted by TheContrarian > 2 months ago | Report Abuse

Don't think so.

Posted by Cipta > 1 month ago | Report Abuse

Possible,. MAA soon will be PN17 again. If Tengku doesn't take any proactive action, it will be delisted.

Posted by xiaoeh > 1 month ago | Report Abuse

Posted by Cipta > 12 minutes ago | Report Abuse
Possible,. MAA soon will be PN17 again. If Tengku doesn't take any proactive action, it will be delisted.

why you say so Cipta..?
don't mind sharing more of what you know...?

Posted by Cipta > 1 month ago | Report Abuse

Following the sale of MAA Philippines, MAA no longer has a core business and has been incurring losses for three consecutive quarters.

Posted by curiousq > 1 month ago | Report Abuse

Heard a few yrs ago, tengku wanted to privitized MAA @1.10 but they vote down at EGM, tengku very angry and let them suffering

Posted by speakup > 1 month ago | Report Abuse

It's true

Posted by Cipta > 1 month ago | Report Abuse

It's unlikely. Over the past five years, while MAA was under PN17, Tengku required cash to invest in new business ventures by Bursa rules, otherwise MAA risked delisting. Regulations prevented him from initiating another SCR in a short period. However, it has now been five years since the first attempt.

Posted by Cipta > 1 month ago | Report Abuse

https://theedgemalaysia.com/article/way-forward-maa-after-failed-src

Posted by xiaoeh > 1 month ago | Report Abuse

Thanks for sharing Cipta and Curiousq

Posted by curiousq > 1 month ago | Report Abuse

The Board of Directors of MAAG wishes to announce that the Company has acquired to date over the period from 8 February 2024 to 10 May 2024 via direct business transaction a total of 201,475,000 ordinary shares of KNM Group Berhad (“KNMG”) at an average price of RM0.165 per share, representing 4.98% of the total issued share capital of KNMG for a total purchase consideration of RM33,243,375.

Posted by xiaoeh > 1 month ago | Report Abuse

KNM going to turn around soooooon..?

Posted by SCM2023 > 1 month ago | Report Abuse

MAA is a dead stock. Is it impossible to kick management team out? We are being scammed since the day RM1.10 offered deal

Posted by Hippopotamuska > 4 weeks ago | Report Abuse

Also have been deprived of the yearly dividends after the failed privatization attempt.

Posted by xiaoeh > 4 weeks ago | Report Abuse

MAA unstoppable buying KNM
why ha...?

2024-05-29
Insider
MAA GROUP BERHAD (a substantial shareholder) acquired 2,363,200 shares on 28-May-2024.
2024-05-29
Insider
MAA GROUP BERHAD (a substantial shareholder) acquired 10,000,000 shares on 27-May-2024.

Posted by curiousq > 4 weeks ago | Report Abuse

OMG!! cannot again

Posted by speakup > 4 weeks ago | Report Abuse

look back should have accept MAA privatsation

Posted by Hippopotamuska > 3 weeks ago | Report Abuse

The current management team failed the shareholders again by incurring huge losses for MAA. This is not what the shareholders are looking for. Until when this shameful saga will end?