MINTYE BERHAD

KLSE (MYR): MBG (5886)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.36

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


Be the first to like this.

52 comment(s). Last comment by bobochacha 2021-06-03 15:45

Posted by jennylee1382 > 2014-11-13 20:04 | Report Abuse

lam what you do think abt this counter?

lam7894

76 posts

Posted by lam7894 > 2014-12-05 08:48 | Report Abuse

General offer for cash-rich Mintye

Friction materials manufacturer Mintye Industries Bhd’s executive chairman Yeo Ah Tee and related parties are mulling a voluntary general offer to take the company private at RM1.60 and above. (Focus Malaysia)

jtpc2006

984 posts

Posted by jtpc2006 > 2014-12-08 09:22 | Report Abuse

Be careful, announcement from Mintye official website:

We refer to the article titled “General offer for cash-rich Mintye” appearing on page 8 in Focus Malaysia, 6-12 December 2014, and drawing our attention to the highlighted sentence in the said article, reproduced as follows:


“… Mintye Industries Bhd’s executive chairman Yeo Ah Tee and related parties are mulling a voluntary general offer to take the company private at RM1.60 and above.”


After consultation with our Executive Chairman and major shareholder, Yeo Ah Tee, the Board of Directors of Mintye Industries Bhd (“Mintye”) wishes to inform Bursa Securities that it is neither aware nor has it any knowledge of any plan for a voluntary general offer to take Mintye private as stated in the said article.


An appropriate announcement will be made in accordance with the provisions of the Main Market Listing Requirements of Bursa Securities should there be any definitive corporate development.


This announcement is dated 5 December 2014.

longvix

3 posts

Posted by longvix > 2014-12-08 09:42 | Report Abuse

that is common vague answer and does not constiute a denial. the board is not deemed to have knowledge until it receives an offer letter just like goldis

jtpc2006

984 posts

Posted by jtpc2006 > 2014-12-08 11:15 | Report Abuse

cash is king, anything may happen, just don't jump in on rumous now, falling KLCI very risky

Posted by Lip Woon Thiam > 2014-12-08 14:42 | Report Abuse

There is an old saying in Share Market, When the old man dies, the juniors will make waves and the related shares will rise!? One eg was Lee Rubbers. When Mintye senior director passed away, The share was purchase back at RM 8.00!? Pls. check the pass records. Now, it is RM 1.60 or more? So as Tun Dr M says : "We Malaysian are stupid!?"

samer

1,427 posts

Posted by samer > 2014-12-08 15:01 | Report Abuse

Huh ?? OMG !

longvix

3 posts

Posted by longvix > 2014-12-08 15:51 | Report Abuse

This company's fundamentals by itself is very solid regardless of whatever rumours you want to circulate. It's dividend yield last year was 4 percent. Please remember half the company's market cap is cash and there is no debt at all. Its damn rare to find a company like this

jtpc2006

984 posts

Posted by jtpc2006 > 2014-12-08 16:08 | Report Abuse

if KLCI keep diving, and no matter how rare gems are (there are many more),cash is still king.

piggy

7 posts

Posted by piggy > 2014-12-08 22:24 | Report Abuse

Agreed with jtpc2006.

jtpc2006

984 posts

Posted by jtpc2006 > 2014-12-09 07:33 | Report Abuse

DJ sharp fall overnight, expect KLCI to continue dive, it makes no sense KLCI rudderless always follow the pack.

cefiro22

383 posts

Posted by cefiro22 > 2014-12-09 10:26 | Report Abuse

Isn't it usual for any Company to "deny" knowledge of what's happening? Working on fundamentals can seldom go wrong. I think the support level will be strong at 1.28.

longvix

3 posts

Posted by longvix > 2014-12-09 10:59 | Report Abuse

denying knowledge is different from denying that you intent to privatize as the latter will subject you to a six month ban from privitization. denying knowledge is a common vague answer given in order for them to be exempted from the six month ban just like Goldis.

cefiro22

383 posts

Posted by cefiro22 > 2014-12-09 12:50 | Report Abuse

Thanks. Whatever, the Directors know best how to answer and what their "hidden agenda" is. Our object, no different from them is "to make money". Cheers!

samer

1,427 posts

Posted by samer > 2014-12-12 15:45 | Report Abuse

NAB = RM 1.75, now stock at RM 1.15............cheap sale

jtpc2006

984 posts

Posted by jtpc2006 > 2014-12-12 15:48 | Report Abuse

Mintye NTA is 1.75 current price 1.16, E&O NTA is only 1.37 current price 2.21. Buy in Mintye more attractive now.

firehawk

4,782 posts

Posted by firehawk > 2014-12-12 15:53 | Report Abuse

thanks longvix, a difference of that ....

paperplane

1,403 posts

Posted by paperplane > 2014-12-31 08:55 | Report Abuse

This company do car breaks. Rubber price went down recently. Shld be good for it in near future.

paperplane

1,403 posts

Posted by paperplane > 2015-01-07 05:28 | Report Abuse

Waiting it explode soon.

paperplane

1,403 posts

Posted by paperplane > 2015-01-25 17:22 | Report Abuse

Buy now!

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 23:55 | Report Abuse

Doing some amalgamation of shares...is this a privatize hint? Rm1.65 is earlier rumors. Nta now 1.75

paperplane

1,403 posts

Posted by paperplane > 2015-02-26 09:38 | Report Abuse

wow, 1.33?? Privatise 1.65 coming??

paperplane

1,403 posts

Posted by paperplane > 2015-02-27 18:26 | Report Abuse

Thriw 1.24 somenone purpose ly push back 1.29.let see next week i push it

paperplane

1,403 posts

Posted by paperplane > 2015-03-18 10:53 | Report Abuse

keep quiet on GO........shhhhhhhhh

paperplane2

3,235 posts

Posted by paperplane2 > 2015-06-09 08:15 | Report Abuse

sleeeeeeeeping

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-10 14:02 | Report Abuse

seems like GO quiet down. HIGH NTA stock, low value now! 1.60 Min in future. Export also.

WINNING

1,720 posts

Posted by WINNING > 2015-07-17 21:59 | Report Abuse

3% dividend last 21/7/2015

Posted by Jason Yong > 2015-12-18 17:46 | Report Abuse

Revenue,Net Profit increase

permastan

68 posts

Posted by permastan > 2016-01-24 18:32 | Report Abuse

Sleeping share with passive poor director

Posted by Hunter Chan H K > 2016-03-03 11:34 | Report Abuse

i met the director on last year AGM. this company is very china man family business. they are not intent to goreng the share price but they will make sure declare dividend yearly. its suitable hod for long term

piggy

7 posts

Posted by piggy > 2016-03-28 22:28 | Report Abuse

why suddenly the volume increase so much? Normally the volume is very very low

tonylim

4,796 posts

Posted by tonylim > 2016-03-28 22:29 | Report Abuse

How the volume today

tbchua

21 posts

Posted by tbchua > 2017-04-26 23:14 | Report Abuse

finally wake up

YAPSS

216 posts

Posted by YAPSS > 2019-04-30 19:19 | Report Abuse

Day 58 of Fundamental Daily, YAPSS will be covering Mintye Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #MintyeBerhad

Click the on the link to find out more: https://youtu.be/2vXEEhYZm2k

maizack

15 posts

Posted by maizack > 2019-07-26 00:05 | Report Abuse

what happen to this counter? share price is uprising 24 sen to rm 1.00 today from 76 sen (10/07/2019).

Posted by rookie125 > 2019-08-20 13:09 | Report Abuse

Not even close. NTA is around $1.80 per share based on the latest financial. The owner can easily pay upward of $1.50 and it is still a highway robbery. A lot lands are valued at cost so the real NTA is probably higher than $1.80.

dompeilee

11,888 posts

Posted by dompeilee > 2019-08-20 17:08 | Report Abuse

After 66 months as a Mintye shareholder, I have to wait for the privatisation to complete because my cost is 11,622.83 for 9,000 shares or else I will incur a realised loss.

On the other hand, I have received over $1,100 in dividends.

dompeilee

11,888 posts

Posted by dompeilee > 2019-08-20 17:10 | Report Abuse

Hopefully they will raise the SCR to 1.50...confirm many ppl will accept & they can take private more easily & quickly.

Posted by rookie125 > 2019-08-21 18:32 | Report Abuse

I doubt Yatee & Sons will want to raise the price voluntarily unless they know they won't get 75% consents. Like any good business man, they will not want to pay more than they need. The good news is that Yatee & Sons will not be allow to vote on this SCR. It will be up to the rest of shareholders.

dompeilee

11,888 posts

Posted by dompeilee > 2019-08-23 16:52 | Report Abuse

Need 2 vote as well? Any option to accept before EGM? Had bad experience from MAA when price plunge when SCR was rejected.

cefiro22

383 posts

Posted by cefiro22 > 2019-09-24 16:13 | Report Abuse

https://www.thesundaily.my/business/yatee--son-ups-scr-offer-price-for-mintye-to-rm1-36-apiece-JB1399685

put up block for sale at 1.31...why Yatee not interested?

cefiro22

383 posts

Posted by cefiro22 > 2019-09-24 21:10 | Report Abuse

The deepest value in Mintye does not lie in their friction
materials business but in their landbank in Segambut and Ayer Keroh Melaka and its huge cash hoard ...Yatee knows that...so hope they up the offer to over RM1.60

Posted by rookie125 > 2019-09-25 09:38 | Report Abuse

Absolutely spot on. The lands are valued at cost so the real NTA is much higher than $1.80.

sleang

170 posts

Posted by sleang > 2019-09-25 14:57 | Report Abuse

revised price to 1.36, but still far from the NTA..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6290301

dompeilee

11,888 posts

Posted by dompeilee > 2019-09-30 16:03 | Report Abuse

Is Yatee the one Q-ing to buy 95,800 @ 1.31?

dompeilee

11,888 posts

Posted by dompeilee > 2019-10-25 19:10 | Report Abuse

Meeting to vote on SCR : 26 Nov.

bobochacha

536 posts

Posted by bobochacha > 2021-06-03 15:45 | Report Abuse

what is different between SCR (selective capital reduction) to General Offer (GO)

Is it scr after EGM approve, need to sell no matter what?

Post a Comment
Market Buzz