MAA GROUP BERHAD

KLSE (MYR): MAA (1198)

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Last Price

0.305

Today's Change

+0.005 (1.67%)

Day's Change

0.275 - 0.305

Trading Volume

47,800


7 people like this.

3,378 comment(s). Last comment by SuperDuper 3 weeks ago

Cipta

1,046 posts

Posted by Cipta > 2024-04-26 17:16 | Report Abuse

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

dompeilee

11,888 posts

Posted by dompeilee > 2024-04-26 17:21 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-26 17:38 | Report Abuse

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

dompeilee

11,888 posts

Posted by dompeilee > 2024-04-27 07:34 | 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

speakup

27,038 posts

Posted by speakup > 2024-04-27 09:30 | Report Abuse

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

curiousq

1,094 posts

Posted by curiousq > 2024-04-27 10:09 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 12:35 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 12:37 | 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.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 13:29 | 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.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 13:43 | 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.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 15:42 | 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.

speakup

27,038 posts

Posted by speakup > 2024-04-27 16:25 | Report Abuse

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

dompeilee

11,888 posts

Posted by dompeilee > 2024-04-27 19:02 | 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) 😉

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 19:16 | Report Abuse

Ten thousand shares only? Hahaha 🤣

xiaoeh

2,728 posts

Posted by xiaoeh > 2024-04-27 20:31 | Report Abuse

do you read technical chart TheContrarian?

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-27 20:40 | Report Abuse

@xiaoeh, no, I don't.

Cipta

1,046 posts

Posted by Cipta > 2024-04-28 16:25 | 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.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-28 17:36 | 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.

Cipta

1,046 posts

Posted by Cipta > 2024-04-28 17:53 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-28 18:09 | Report Abuse

Probably will be at a lower offer price.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-28 18:11 | 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.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-28 18:18 | 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.

Cipta

1,046 posts

Posted by Cipta > 2024-04-29 08:14 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-29 08:32 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-29 10:05 | Report Abuse

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

Cipta

1,046 posts

Posted by Cipta > 2024-04-29 10:39 | 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.

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-29 11:41 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-29 11:43 | Report Abuse

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

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-30 16:43 | Report Abuse

Bought at 37.5 sen today.

xiaoeh

2,728 posts

Posted by xiaoeh > 2024-04-30 16:51 | Report Abuse

wait at 0.355...
possible..?

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-04-30 17:58 | Report Abuse

Don't think so.

Cipta

1,046 posts

Posted by Cipta > 2024-05-01 14:27 | Report Abuse

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

xiaoeh

2,728 posts

Posted by xiaoeh > 2024-05-01 14:40 | 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...?

Cipta

1,046 posts

Posted by Cipta > 2024-05-02 08:21 | Report Abuse

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

curiousq

1,094 posts

Posted by curiousq > 2024-05-02 10:07 | 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

speakup

27,038 posts

Posted by speakup > 2024-05-02 10:13 | Report Abuse

It's true

Cipta

1,046 posts

Posted by Cipta > 2024-05-02 14:30 | 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.

xiaoeh

2,728 posts

Posted by xiaoeh > 2024-05-02 16:04 | Report Abuse

Thanks for sharing Cipta and Curiousq

curiousq

1,094 posts

Posted by curiousq > 2024-05-10 23:18 | 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.

xiaoeh

2,728 posts

Posted by xiaoeh > 2024-05-10 23:24 | Report Abuse

KNM going to turn around soooooon..?

SCM2023

97 posts

Posted by SCM2023 > 2024-05-18 07:06 | 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 > 2024-05-31 15:10 | Report Abuse

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

xiaoeh

2,728 posts

Posted by xiaoeh > 2024-05-31 16:18 | 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.

curiousq

1,094 posts

Posted by curiousq > 2024-06-01 09:46 | Report Abuse

OMG!! cannot again

speakup

27,038 posts

Posted by speakup > 2024-06-01 10:25 | Report Abuse

look back should have accept MAA privatsation

Posted by Hippopotamuska > 2024-06-04 09:10 | 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?

TheContrarian

9,497 posts

Posted by TheContrarian > 2024-08-05 17:20 | Report Abuse

Bought at 31 sen.

TheContrarian

9,497 posts

Posted by TheContrarian > 2 months ago | Report Abuse

QR out, nice.

Posted by SuperDuper > 3 weeks ago | Report Abuse

Wow! See properties they now own ard the world in the latest annual report!

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