MAAG market closing price at RM0.855(42.54%) per share and NTA is RM2.01(100%) per share. It has a deep price discount of RM1.155(57.46%) per share. There are so much value in this stock. It is like buying a lelong properties with a deep discount.
WOW, 25/07/2016 Shares Acquired 485,000, total Treasury Shares is 6,536,200 shares and closed at RM0.87, equivalent to 2.233% of the paid-up capital. 4 days shares buy back totaling 1,731,000 shares. With this speed on the shares buy back implementation, it will take 3 months to achieve 10% target on the shares buy back.
No problem lah. Keep buying. Will gain big at current price. I am haveily invested in this wonderful stock. Dont just buy and keep them for another speacial dividend. We investors are bullish on this stock at present.
GTH1234, MAA is classified as PN17 due to sale of core business a few years ago. Than due to IFSA, could not get out of PN17 as main biz was MAAT, recently disposed MAAT and no longer need to follow BNM IFSA.
We are waiting for them to announce purchase of new profitable biz, than after 2 quarters of profits can come out of PN17.
Once out of PN17, as MAA giving better dividend yield than FD, expect institutional funds will buy MAA. Causing a surge in price.
WOW, 26/07/2016 Shares Acquired 714,500, total Treasury Shares is 7,250,700 shares and closed at RM0.92, equivalent to 2.4772% of the paid-up capital. 5 days shares buy back totaling 2,445,500 shares. With this speed on the shares buy back implementation, it will take 3 months to achieve 10% target on the shares buy back.
MAAG market closing price at RM0.920(45.77%) per share and NTA is RM2.01(100%) per share. It has a deep price discount of RM1.090(54.23%) per share. There is still has so much value in this stock. You still can enjoy a deep discount.
27/07/2016 Shares Acquired 818,200, total Treasury Shares is 8,068,900 shares and closed at RM0.96, equivalent to 2.7568% of the paid-up capital. 6 days shares buy back totaling 3,263,700 shares. With this speed on the shares buy back implementation, it will take 3 months to achieve 10% target on the shares buy back.
MAAG market closing price at RM0.960(47.76%) per share and NTA is RM2.01(100%) per share. It has a deep price discount of RM1.050(52.24%) per share. There is still has so much value in this stock. You still can enjoy a deep discount.
Not to worry, MAA is going to trend up to more than MR1.00 + due to Shares Buy Back pressure by the MAA management very soon maybe even before 5/8/2016.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jamesooi
397 posts
Posted by jamesooi > 2016-07-22 18:15 | Report Abuse
MAAG market closing price at RM0.855(42.54%) per share and NTA is RM2.01(100%) per share. It has a deep price discount of RM1.155(57.46%) per share. There are so much value in this stock. It is like buying a lelong properties with a deep discount.