MLABS SYSTEMS BHD
KLSE (MYR): MLAB (0085)
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Last Price
0.10
Today's Change
+0.005 (5.26%)
Day's Change
0.095 - 0.10
Trading Volume
1,047,300
Analysis
Technical Analysis
Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics.
Popular technical indicators such as moving averages, relative strength index, William R%, Money Flow Index, Percentage Price Oscillator, Moving Average Convergence-Divergence and Stochastic Oscillator are used to analyze the trend, momentum and strength of a stock.
Simple Moving Average
Name
Value
Variance
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
Exponential Moving Average
Name
Value
Variance
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
Relative Strength Index
Name
Value
RSI 9
6.604
RSI 9
6.604
RSI 9
6.604
Percentage Price Oscillator
Name
PPO
Signal
Variance
5,35,5
-12.07
-10.37
-1.70 | -16%
5,35,5
-12.07
-10.37
-1.70 | -16%
William %R
Name
Value
%R-9
-88.496%
%R-9
-88.496%
%R-9
-88.496%
Moving Average Convergence-Divergence
Name
PPO
Signal
Variance
5,35,5
-12.07
-10.37
-1.70 | -16%
5,35,5
-12.07
-10.37
-1.70 | -16%
Money Flow Index
Name
Value
MFI-9
6.348
MFI-9
6.348
MFI-9
6.348
Stochastic Oscillator
%K (Fast)
6.348
%K (Fast)
6.348
%K (Fast)
6.348
%K (Fast)
6.348
Rate of Change
Name
Value
MFI-21
29.833
MFI-21
29.833
MFI-21
29.833
MFI-21
29.833
Discussions
7 people like this. Showing 50 of 13,220 comments
Printing of 200million of toilet papers has started. Anyone chasing will be very lucky to hold it till 5c
Non-stop qtrly lossess continue, covid or no covid. The best thing is to delist this company before it suck more retailers hard earned money.
2024-07-16 09:49
There's only 72.4 million shares and today's volume already 70.8 million.
2024-07-16 18:24
FOR NEWBIES
Announced EX Date Subject Ratio Offer
18 Jun 2024 01 Jul 2024 Rights Issue (warrant) 3.0000 : 1.000 0.1600
19 Mar 2024 02 Apr 2024 Share Consolidation 1.0000 : 20.0000
30 Oct 2020 12 Nov 2020 Rights Issue (warrant) 6.0000 : 1.000 0.0900
20 Oct 2020 03 Nov 2020 Share Consolidation 1.0000 : 10.0000
28 Jul 2017 09 Aug 2017 Rights Issue (warrant) 2 : 1 0.1500 View
19 Mar 2010 31 Mar 2010 Rights Issue (warrant) 2 : 4 View
Multi year losses
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-berhad
Check P/L and Capital Changes
=====================
NOSH = 289,881,156 after share consolidation in Apr 2024
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
2024-07-17 08:28
MALU MLAB. ALWAYS PUMP AND DUMP UNTIL EVERYBODY KNOW. NEVER NAIK PROFESSIONALLY BASED ON COMPANY PERFORMANCE.
2024-07-17 10:23
Mlab shares only 72.47 million but someone who isn't a shareholder blowing that Mlab NOSH is 289,881,156.
2024-07-17 21:17
Financial Year Revenue ('000) Net ('000) EPS DP% Net % Report
30 Jun, 2024 19,416 -8,896 -0.6100 -
30 Jun, 2023 22,455 -7,142 -0.5000 - 45.3%
30 Jun, 2022 20,879 -13,062 -0.9600 - 10.4% View
30 Jun, 2021 83,982 -14,586 -2.8900 - 48.4% View
30 Jun, 2020 8,318 -28,249 -3.9000 - 998.3% View
30 Jun, 2019 3,359 -2,572 -0.3800 - 17.1% View
31 Mar, 2019 4,427 -3,101 -0.4600 - 19.7% View
31 Mar, 2018 2,104 -3,862 -0.5200 - 2,212.6% View
31 Mar, 2017 2,611 -167 -0.0800 - 1,082.4% View
31 Mar, 2016 1,241 17 0.0100 - 103.5% View
31 Dec, 2015 2,161 -482 -0.3000 -
31 Dec, 2014 1,988 -1,030 -0.5800 - 41.1% View
31 Dec, 2013 1,048 -730 -0.4300 - 72.5% View
31 Dec, 2012 1,153 -2,654 -1.5800 - 28.9% View
31 Dec, 2011 1,187 -3,731 -2.4200 - 78.3% View
31 Dec, 2010 1,015 -2,093 -1.4800 - 164.3% View
31 Dec, 2009 2,869 -792 -0.7700 - 86.5% View
31 Dec, 2008 1,408 -5,860 -5.7000 - 31.7% View
31 Dec, 2007 4,955 -8,580 -8.3300 - 670.9% View
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-berhad
================
17 out of 18 years recorded losses
Directors still receiving high salaries from massive fund raising from shareholders via shares issuance to PP, ESOS, RI, etc
Doing monkey business ???
2024-07-18 11:12
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS SYSTEMS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 2 JULY 2024 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE, TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3461334
==============
After recent share consolidation of 20 to 1 in April 2024,
Directors going for easy fund raising via massive shares issuance to RI at high price of 0.16
EX DATE = 2 Jul 2024
Rights issue at 0.16
Amount targeted to raise = 217,410,867 x 0.26 = 34,785,738
that is RM34 million from shareholders !!!
Easy easy money for directors to utilise for what ?
==============
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd
Multi year annual losses since 2017 !!!
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
=================
Cronies disposed above 0.30 and letting the price finding its own level
Possible for price to drop below rights issue price of 0.16 ???
Possible for rights issue to be under subscribed ???
Graft buster can join in to watch the show.
2024-07-19 12:33
Habis. Matter of time back to 10 sen below. Then consolidation followed by ri. The process repeats.
2024-07-19 13:01
Where whistleblower appears at those counters giving warning, best not to touch.
2024-07-19 13:51
D former major shares holder is selling it heavily to cash out b4 d new major SH to appear after RI completed soon🙄
2024-07-19 13:52
HEBAT MLAB. FROM 34 TO 16.5. TOMORROW WILL BE 16 TO 13. EVERYBODY KNOW YOUR TRICK.
2024-07-23 16:51
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 2 JULY 2024 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE, TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Acceptance and Payment 18 Jul 2024 05:00 PM
Excess share application and payment 18 Jul 2024 05:00 PM
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Jul 2024
Available/Listing Date 01 Aug 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456960
Multi year losses. Almost 20 years !!!
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd
================
Wait for Thursday 25/7/24 for the release of subscription result.
Over or under subscribed ???
NOSH if RI fully subscribed = 289,881,156
New warrant = 86,964,346
==============
Can the price be maintained above rights issue price of 0.16 ?
2024-07-24 11:32
Hopeless counter,they just pump up the price above 0.20sen last week for investors to subscribe the RI, otherwise confirm nobody wants to subscribe,,, huhuhuhu
2024-07-24 19:17
Those who subscribed 0.16 for RI,,,now get trapped,0.155 today,, tomorrow may be go lower
2024-07-24 19:19
WHY MLAB DIDN'T ANNOUNCED THE NOS OF RI SUBSCRIBED? ALREADY MORE THAN 1 WEEK.
2024-07-24 21:00
LOOKS LIKE 800,000 RETAILERS NOT SUBSCRIBING THE RIGHTS. ALMOST 90% SUBSCIBERS ARE THEIR OWN PEOPLE. LOOKS LIKE THEY WILL KEEP THE PRICE BELOW 16 SO THAT NOBODY SELLING. THEY WILL SELL AT 16 TO GET THE RIGHT ISSUES CASH OUT.
2024-07-25 18:45
217 MIL TOTAL RIGHTS EQUIVALENT TO RM34.8MIL FUNDS CASHING OUT FROM MLAB TO THEIR POCKET. MAKING MONEY SO EASY FOR MLAB USING SHARES AND RIGHTS.
87MIL WARRANTS IF LETS SAY IS 5C, THAT WILL B RM4.35MIL MASUK POCKET TO MLAB BANK ACCOUNT.
SO GOOD OH MAKING MONEY MLAB.
2024-07-25 18:50
THEY WILL ANNOUNCE CANGE OF COMPANY NAME. LETS SEE. TRICK MORE PEOPLE COMING IN TO BUY. CONLAB FROM MLAB?
2024-07-25 18:53
NEXT GET THEIR QUALIFED ASSCOUNTANT TO PLAY WITH ACCOUNTING DRESSING TO ANNOUNCE MORE LOSSES...SO SMART
2024-07-25 18:56
As anticipated, it is highly under subscribed again like previous RI excercise
2024-07-26 08:04
FOR NEWBIES
The details of valid acceptances and excess applications received as at the Closing Date are as follows:
.....................................No. of Rights Shares.....% of total Rights Shares available for subscription
Total valid acceptances....................................92,627,498........42.61
Total valid excess applications.........................123,971,319........57.02
Total valid acceptances and excess applications..........216,598,817.......99.63
Total Rights Shares available for subscription............217,410,867...........100.00
Under-subscription................................................(812,050).................(0.37)
The successful applicants for the Rights Shares will be issued with Warrants on the basis of 2 Warrants for every 5 Rights Shares subscribed for.
The Rights Shares with Warrants are expected to be listed and quoted on the ACE Market of Bursa Securities on 1 August 2024.
This announcement is dated 25 July 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3467419
============
19 out of 20 years of annual losses
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd
Fund raised from massive rights issue = 216,598,817 x 0.16 = RM34,665,810 !!!
Easy easy money for directors to utilise for what ?
==============
Retail investors getting smarter not to contribute hard earned money to directors fund raising exercise
But fund raising still considered a success (99.63%) as it is likely supported by cronies penny stocks
Wait for announcement on Changes in Shareholdings to know the cronies penny stocks out there like Fintec, Focus, Joe, Permaju, AT, LKL, Bcmall, mmag, and many more
===============
Upon listing operators likely to play price of free warrant for cronies to dispose to retailers, punters, newbies,etc
2024-07-26 11:51
FOR NEWBIES
Fund raised from massive rights issue = 216,598,817 x 0.16 = RM34,665,810 !!!
19 out of 20 years of annual losses
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
2024-07-26 11:53
FOR NEWBIES
Take note :-
The Rights Shares with Warrants are expected to be listed and quoted on the ACE Market of Bursa Securities on 1 August 2024.
NOSH = 289,069,106 (estimated based on number of rights share subscribed)
Warrant D = 86,639,526 (estimated based on 2 warrants for 5 rights subscribed)
Expiry date = 3 years from date of listing on 1 Aug 2024
Exercise price of WD = 0.16 per warrant
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456912
===========
Be careful trading the warrants of loss making stocks, many of which will end up worthless approaching expiry date when share price is below exercise price
2024-07-30 11:16
Entry of new substantial shareholder Miss Tang Ah Mooi, also known as Cindy Kate.
2024-08-01 18:10
Syndicate has no more supporting here liao, mostly had ran away saying goodbye & dier mission of "acting cum pretending" duties has completed.....!
2024-08-02 07:13
Bloodbath started earlier when it hit a high of 0.34 on 16/7/24
After 3 weeks, it is now trading at 0.11
Rights issue of 3 for 1
Retailers pay 0.16 for the rights shares !!!
Consider yourself lucky if you are not caught off guard by the con operator
=============
Announced EX Date Subject Ratio Offer
18 Jun 2024 01 Jul 2024 Rights Issue (warrant) 3.0000 : 1.000 0.1600
19 Mar 2024 02 Apr 2024 Share Consolidation 1.0000 : 20.0000
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd
2024-08-07 12:46
https://theedgemalaysia.com/node/722598
Loss-making MLABS Systems Bhd (KL:MLAB), which is engaged in research and development in videoconferencing and mobile application solutions, announced the emergence of Tang Ah Mooi as its new substantial shareholder on Aug 1.
Tang had via a rights issue exercise subscribed for 18.751 million shares, or a 6.487% direct stake, in the ACE Market-listed technology firm on July 31. She is the mother of Ooi Chieng Sim, former executive chairman of Heng Huat Resources Group Bhd (now known as HHRG Bhd [KL:HHRG]) and Atta Global Group Bhd (now known as Mayu Global Group Bhd [KL:MAYU]).
On the same day, NETX Holdings Bhd (KL:NETX) announced that it had ceased to be a substantial shareholder of MLABS on July 26, owing to the dilution of shareholding from 15.75% to 3.95% as a result of the latter’s expanded share base pursuant to its rights issue exercise, which was completed on Aug 1.
2 months ago
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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....
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FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS SYSTEMS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 2 JULY 2024 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE, TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Please refer attachment below.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3461334
==============
After recent share consolidation of 20 to 1 in April 2024,
Directors going for easy fund raising via shares issuance to RI
Rights issue at 0.16
Amount targeted to raise = 217,410,867 x 0.26 = 34,785,738
that is RM34 million from shareholders !!!
Easy easy money for directors to utilise for what ?
==============
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd
Check P/L and Capital Changes
Announced EX Date Subject Ratio Offer
18 Jun 2024 01 Jul 2024 Rights Issue (warrant) 3.0000 : 1.000 0.1600 View
19 Mar 2024 02 Apr 2024 Share Consolidation 1.0000 : 20.0000 View
30 Oct 2020 12 Nov 2020 Rights Issue (warrant) 6.0000 : 1.000 0.0900 View
20 Oct 2020 03 Nov 2020 Share Consolidation 1.0000 : 10.0000 View
Multi year annual losses since 2017 !!!
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
2024-07-05 12:25