MAA GROUP BERHAD

KLSE (MYR): MAA (1198)

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Last Price

0.26

Today's Change

+0.005 (1.96%)

Day's Change

0.25 - 0.26

Trading Volume

249,300


7 people like this.

3,380 comment(s). Last comment by Hippopotamuska 3 days ago

talk2pkc

2,304 posts

Posted by talk2pkc > 2012-11-09 00:03 | Report Abuse

Had done few rounds in early part of the year ! Suggest u focus on others as this counters , Board & major holders already cash in n not active as before other than looking into "Steel" industry .....................................

Posted by Thomas3886 > 2013-03-19 15:26 | Report Abuse

Any news on this stock...it's moving! I bought on high side at 0.52. Should sell now or hold? Any advice.

necro

4,726 posts

Posted by necro > 2013-03-19 15:29 | Report Abuse

NEW PRODUCT...

Posted by Thomas3886 > 2013-03-19 15:58 | Report Abuse

U mean Smartmedic 100? Any guest on target price?

necro

4,726 posts

Posted by necro > 2013-03-19 16:02 | Report Abuse

Xnoe men but if new act imposed perhaps there will be M&A since takaful n insurance forbid to do under the same institution...

Posted by Thomas3886 > 2013-03-19 16:05 | Report Abuse

Thanks bro for the feedback.

Posted by reachabbler > 2013-03-19 16:57 | Report Abuse

MAA still have bright future..

necro

4,726 posts

Posted by necro > 2013-03-19 20:59 | Report Abuse

i will put an forecast...
wait aa...

Posted by Thomas3886 > 2013-03-19 21:25 | Report Abuse

0.60?

Posted by reachabbler > 2013-03-20 11:00 | Report Abuse

MAA GROUP business-1) MAA International 2)MAA Takaful 3)MAA KL MUTUAL 4)MAA CARDS

Posted by reachabbler > 2013-03-21 09:26 | Report Abuse

Net Assets Per Share is around 1.40

Posted by wongfy2005 > 2013-04-14 14:30 | Report Abuse

Off PN17?

JAMESOOI

397 posts

Posted by JAMESOOI > 2013-04-15 16:03 | Report Abuse

any news for MAA ?

virgogo

142 posts

Posted by virgogo > 2013-05-21 14:47 | Report Abuse

maa is on the move now. hopefully the restructuring exercise will be announced soon.

Posted by Funinvestment > 2013-05-21 15:47 | Report Abuse

yaya^^

madtrader

98 posts

Posted by madtrader > 2013-05-21 17:01 | Report Abuse

be prepared to reap

andyopto

46 posts

Posted by andyopto > 2013-05-21 18:20 | Report Abuse

What is the target price ?

JaniceLove

253 posts

Posted by JaniceLove > 2013-05-21 19:12 | Report Abuse

Hi guys...nice to meet u. I'm Janice, a newbie in stock market. Am I too late to go in at this price @ 0.59? Hope u guys can advice & guide me ya..thanks dear.

madtrader

98 posts

Posted by madtrader > 2013-05-30 10:06 | Report Abuse

potential up

chia88

1,189 posts

Posted by chia88 > 2013-06-04 13:27 | Report Abuse

My friend asks me to buy this stock at 0.65 is this a good stock?

virgogo

142 posts

Posted by virgogo > 2013-06-04 15:53 | Report Abuse

+
What reason your friend recommend you to buy this stock. Anyway just to give you a brief of the company. It is classified as PN 17 company. The company need to submit a restructuring plan to bursamalaysia by 17th of this month. If they fail to by this deadline, it has to submit an appeal to bursamalaysia for extension of time say another 6 months. In the event the company is able to submit the plan by this month ie 17th, then it should be good for the stock price. Otherwise if you are a shareholder you have to wait for a longer period. Value wise the company has cash in hand of about 50 cts per share and its current major business is MAA Takaful business and fund management under MAA mutual fund. Whether to buy or not depends on how patient you are.

rmjkl

52 posts

Posted by rmjkl > 2013-06-04 15:57 | Report Abuse

This co has NTAB of RM1.41 as last reported by the enad of 2012. should be ok stock.

virgogo

142 posts

Posted by virgogo > 2013-06-04 16:13 | Report Abuse

You are right that the NTA is RM1.41. Value wise with cash holding of 50 cts per share and existing businesses the company (almost debt free) should command a higher market price of 65 cts. The Takaful insurance business has great potential for growth in malaysia. The growth rate is even faster than the conventional insurance business. It all depends on how professional and sincere the major shareholder is in improving the company business. In the event of any m & a with other takaful insurance business, that will be good news for the stock.

chia88

1,189 posts

Posted by chia88 > 2013-06-04 16:28 | Report Abuse

Thanks virgogo too late to buy, prices have gone up!

madtrader

98 posts

Posted by madtrader > 2013-06-04 16:39 | Report Abuse

shoooting up

madtrader

98 posts

Posted by madtrader > 2013-06-04 16:51 | Report Abuse

they are missing the big picture

chia88

1,189 posts

Posted by chia88 > 2013-06-05 12:52 | Report Abuse

This is dropping 3c div ex tomorrow.

kucingmeow

116 posts

Posted by kucingmeow > 2013-06-05 17:26 | Report Abuse

i am still holding MAA share today. If I sell tomorrow morning, am i entitle for the div?

chia88

1,189 posts

Posted by chia88 > 2013-06-05 18:03 | Report Abuse

No ex tomo.

kucingmeow

116 posts

Posted by kucingmeow > 2013-06-06 00:05 | Report Abuse

Meaning in order to entitle for div... I can only sell it after 6th. Sell on the 7th?

madtrader

98 posts

Posted by madtrader > 2013-06-07 16:17 | Report Abuse

does this counter has the potential to continue moving up ?

ahric

4 posts

Posted by ahric > 2013-06-11 14:35 | Report Abuse

is maa extending the announcement for restructuring?

virgogo

142 posts

Posted by virgogo > 2013-06-11 17:39 | Report Abuse

Yes, restructuring will take place later. Most likely around September 2013, when they receive the the balance amount from the sale of MAA Insurance to Zurich. They have applied to Bursa for extension of time say 3 or 6 months time. Should be no problem to get the extension of time from Bursa.

ahric

4 posts

Posted by ahric > 2013-06-11 23:58 | Report Abuse

thanks for the info. How do you foresee this stock, u reckon it will of pn17 ?

virgogo

142 posts

Posted by virgogo > 2013-06-12 09:47 | Report Abuse

Eventually the stock will be out of PN 17. It is a matter of time. A patient investor will be rewarded provided there is no major bear market in the next 6 months.

ahric

4 posts

Posted by ahric > 2013-06-13 20:40 | Report Abuse

thanks, at what price do you think its worth to buy?? mind to advice?

virgogo

142 posts

Posted by virgogo > 2013-06-13 21:59 | Report Abuse

Invest at your own risk and provided regional markets stablise. At about 50 to 55 cts should be reasonable price.

virgogo

142 posts

Posted by virgogo > 2013-06-13 22:01 | Report Abuse

If you are a long term investor and looking for fundamental stock with decent average divident yield of about 4 to 5% pa, then look at NTPM.

ahric

4 posts

Posted by ahric > 2013-06-14 13:45 | Report Abuse

ok thanks for the info.. let me know if you got any other good potential stock..:)

Posted by jennylee1382 > 2013-06-20 11:48 | Report Abuse

what' the meaning of PN 17?

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-20 11:50 | Report Abuse

either almost bankrupt or in maa case, no core business aka cash rich shell company

JTFX

1,582 posts

Posted by JTFX > 2013-06-20 11:55 | Report Abuse

PN..Pissing Now..

JAMESOOI

397 posts

Posted by JAMESOOI > 2013-07-17 19:27 | Report Abuse

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?

virgogo

142 posts

Posted by virgogo > 2013-07-18 15:55 | Report Abuse

if you are a very patient investor, maybe can buy and wait. Price of stock should reach about 70 to 80 cts by year end. MAA is now a holding company of MAA Takaful ( an insurance company governed by Bank Negara Malaysia). Under the new FSA ruling (came into effect this month) MAA is now under the supervision of Bank Negara Malaysia. Thus the cash of about 150 million cannot be simply invested in any other businesses except financial services related. This is extra comfort that the company will not get into any financial trouble. Thus it cash has to be used wisely ( or maybe special dividend later). If you add the cash and the existing business, the company is valued more than a rm 1.00 at least.

JAMESOOI

397 posts

Posted by JAMESOOI > 2013-07-18 17:55 | Report Abuse

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.

Posted by markus_see > 2013-07-24 16:46 | Report Abuse

This stock will soar. Be patient. Company buy back shares. High upside / low downside. Its a "cash rich company" after they sold their insurance unit to Zurich. Just like what happened to UBG Bhd after they sold RHB stakes.

iafx

4,632 posts

Posted by iafx > 2013-07-26 09:22 | Report Abuse

watchout...

Abudance

2,211 posts

Posted by Abudance > 2013-07-26 09:28 | Report Abuse

So what is a good buy to go in?

JAMESOOI

397 posts

Posted by JAMESOOI > 2013-07-26 16:04 | Report Abuse

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

volks2

1,116 posts

Posted by volks2 > 2013-07-26 17:29 | Report Abuse

heard Tengku want to venture into another biz with the cash flow..so watch up..more to come.

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