Posted by balvin71 > 2017-07-23 21:47 | Report Abuse

Don't forget another RM93.75 million coming in 2019 from the 'retained consideration' from the sale of MAAT.

Posted by Alex Foo > 2017-07-24 16:46 | Report Abuse

ok la. alex on board liao. this is alex's first ever PN17 counter. hope don't lose my pant

Posted by moneycashrich > 2017-07-25 08:02 | Report Abuse

Welcome aboard all investors.

Posted by danny123 > 2017-08-04 16:49 | Report Abuse

today volume come, selling pressure

Posted by danny123 > 2017-08-04 16:50 | Report Abuse

break down

Posted by danny123 > 2017-08-04 16:50 | Report Abuse

0.60 coming soon

Posted by danny123 > 2017-08-04 16:51 | Report Abuse

div coming soon

Posted by balvin71 > 2017-08-04 17:46 | Report Abuse

Selling pressure well absorbed. I used this opportunity to collect some more. Thank you sellers.

Posted by balvin71 > 2017-08-04 17:47 | Report Abuse

Hope my decision was right, if go down to 0.60 like Danny123 say, than difficult lo.

Posted by TheContrarian > 2017-08-04 23:29 | Report Abuse

Almost 700,000 shares belonging to a major player force sold today.

Posted by TheContrarian > 2017-08-05 11:15 | Report Abuse

Alex, you should insaf.

Posted by reena > 2017-08-07 17:19 | Report Abuse

insaf?

Posted by Alex Foo > 2017-08-10 15:53 | Report Abuse

fire, fire~

Posted by TheContrarian > 2017-08-10 23:12 | Report Abuse

Fire sale again.

Posted by Alex Foo > 2017-08-11 10:08 | Report Abuse

fire, fire~

Posted by Alex Foo > 2017-08-11 10:08 | Report Abuse

haha....contra, why insaf? this one good oh...benjamin graham sure like this gooding =)

Posted by moneycashrich > 2017-08-11 11:10 | Report Abuse

Welcome aboard to all believers.

Posted by TheContrarian > 2017-08-11 15:42 | Report Abuse

Mr Balvin, are you there? It's time to request the Company to resume share buy back.

Posted by theong > 2017-08-11 17:00 | Report Abuse

It time to buy again cheap .

Posted by TheContrarian > 2017-08-11 17:40 | Report Abuse

Problem is someone's shares been force sold.

Posted by danny123 > 2017-08-11 17:45 | Report Abuse

no one is force sell d share

MARKET CRASHHH
AUG/SEPT 2017

IF U THINK CHEAP PL BUY MORE

Posted by moneycashrich > 2017-08-12 11:29 | Report Abuse

Market crash 2018 Market Crash 2019 This is my prediction. If worry, no need to buy any. Go on holidays.

Posted by Alex Foo > 2017-08-12 13:27 | Report Abuse

of course cheap. just take net cash divide with total shares, yield = RM1.13/share. no believe u count yourself.

or just ask maa no need so trouble looking for a new core business. Just cash out lar~

Posted by Apabagus > 2017-08-12 13:30 | Report Abuse

Alamak.Beli saham ini macam senang ka?Mengapa ramai orang rugi?

Posted by TheContrarian > 2017-08-12 17:07 | Report Abuse

Alex, you still not insaf.

Posted by abanglongpekida30 > 2017-08-12 19:36 | Report Abuse

Fak weh.i just read companys annual report.this company piece of shit.i still wondering why the share price still above 80sen.beli kasturi also not perform.pergi invest sana altech pon small share oni.long term fak weh.price dive weh.the reason still above 80sen because of dividend?seriously?company got maa credit which has non performing loan amounted to 100 mil ++.which also not disposed in annual report.how wierd.now they got until year end to submit regularisation plan or else delisted.still 80 sen worth?now got agreement with pima buying some kind of parking and land property shit?how that build company future man.bursa wont accept this shit.not worth 80sen.pay dividend ,cash rich but no buy anything.until when money finish then lingkup kaa.aiyooo confirm dive one la nose dive sure

Posted by TheContrarian > 2017-08-12 20:39 | Report Abuse

The reason of the drop was the force sale of someone's shares. What's surprising is that no share buy back was initiated to absorb it.

Posted by balvin71 > 2017-08-13 18:44 | Report Abuse

Money finishing is a concern, hopefully the increase in holding in the Philippines unit can generate enough cash to be in a 'break-even' cash flow situation. And the others units, including the Sydney associate and rental income can contribute and make it a positive cash flow.

For now, I am not too concern, waiting for the purchase of a new core biz. I would have preferred if they have already make some kind of announcement on this. Really thought would have heard something by now.

I think the recent sell-down is due to the concern of the North Korean issue. Which has caused a sell off in the general market and could have triggered force selling on someone with a margin account.

Why no share buy back? Good question, hopefully, they need the cash to buy the new core business and not spent it or gave a loan to another connected company.

Have to wait for the next quarterly report for some sort of direction.

Posted by TheContrarian > 2017-08-13 21:03 | Report Abuse

What's the point of asking shareholders to vote for share buy back at last AGM?

Posted by abanglongpekida30 > 2017-08-13 23:06 | Report Abuse

Lose hope in this counter

Posted by Alex Foo > 2017-08-14 08:18 | Report Abuse

why contra? no good meh? the cash is fake?

Posted by balvin71 > 2017-08-14 08:31 | Report Abuse

Maybe their support level is lower....saw a large buy order at RM0.77 on Friday....could it be MAA???

Posted by TheContrarian > 2017-08-14 14:51 | Report Abuse

Alex, this counter is a slow tortoise. Cash is real, dividend is minimum 6 sen. I thought you like to buy fast fast up counters.

Posted by Alex Foo > 2017-08-14 16:32 | Report Abuse

ic....i want to test my patience...haha...they say got new core business by this year... Hopefully they bought some good stuff lo. Don't buy lose making business ok d.

Posted by Alex Foo > 2017-08-14 16:33 | Report Abuse

but insurance business i always like. Want to learn from Buffet lol

Posted by TheContrarian > 2017-08-14 20:42 | Report Abuse

MAA has only general insurance business in Philippines. The other significant business is mortgage financing in Australia. The tuition business is rubbish.

Posted by invest_101 > 2017-08-15 11:15 | Report Abuse

I personally think it is great strategy for company and major shareholder/s to leave the share price to market forces. This will strengthen shareholders listing, leaving hard core holders willing to go long term at the expense of weak/short term ones. Sharebuy back with no meaningful volume at low prices is not practical and pushing it up only benefits short term traders and opportunist. The challenge going forward is to manage shareholders capital vis a vis the new business they are seeking to bring on board to ensure appropriate roe, roa, growth etc etc. I suspect the Company will continue with periodic dividend payment instead of lumpy or capital payouts in their capital management, squeezing out short term traders and opportunists. Kudos to the board, I think they are doing a great job and they win my blessings. I just hope they find good relevant business/es, a task which is very challenging in this extended low interest rate environment. Cheers and good luck.

Posted by Alex Foo > 2017-08-15 11:29 | Report Abuse

i sugges la, change MAA core from insurance to investment. Like Berkshire like that. They bought an insurance company, but pool that money into stock market for investment.

Posted by Alex Foo > 2017-08-15 11:30 | Report Abuse

If im not wrong, all insurance companies are doing it like that now. That's why got whole life insurance package, need to top up premium every month, then can get % return based on fund performance. Like GE lion fund like that.

Posted by TheContrarian > 2017-08-15 14:02 | Report Abuse

MAA has no life insurance business anymore.

Posted by moneycashrich > 2017-08-16 06:01 | Report Abuse

Welcome abroad all. Believers. Fearful of bad loan ? Fearful of parking lots ? Fearful of no business ? Fearful of yearly dividend only ? Want to jump ship ? Fearful of coming 60 sen value ?

Posted by Alex Foo > 2017-08-16 09:16 | Report Abuse

TheContrarian can always open a new one =)

Posted by Alex Foo > 2017-08-16 09:16 | Report Abuse

maa reputation not bad....my uncle aunty all like

Posted by moneycashrich > 2017-08-16 10:46 | Report Abuse

who are those support the price today.........no more Aug/Sept crash ?.....then bull ?

Posted by moneycashrich > 2017-08-16 11:03 | Report Abuse

maybe company supporting the price today ?

Posted by Alex Foo > 2017-08-16 12:23 | Report Abuse

MAA,~要票不要钱~

Posted by TheContrarian > 2017-08-16 12:33 | Report Abuse

Alex, start life insurance business need huge capital. That's why MAA sold off its life insurance business to Zurich a few years ago.

Posted by Alex Foo > 2017-08-16 12:34 | Report Abuse

ic.....then what can MAA do? if buy tech companies, or tap on semicon growth, can MAA PE be revalued? =)

Posted by Alex Foo > 2017-08-16 12:35 | Report Abuse

but that would be like what Lynch called 'diworsification', venturing into an area in which MAA has no expertise on.

Hmm....no need so mafan la...liquidate =)

Posted by TheContrarian > 2017-08-16 12:35 | Report Abuse

Yes, possibly share buy back. I think Mr Balvin called up company to order share buy back. :-)