MI TECHNOVATION BERHAD

KLSE (MYR): MI (5286)

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Last Price

1.82

Today's Change

+0.03 (1.68%)

Day's Change

1.73 - 1.84

Trading Volume

5,386,900

IPO Info
Offer Period

Opening

2018-05-28

Closing

Time Table

Allotment Date

2018-06-18

Listing Date

2018-06-20

Price

Issue Price

1.42

Units

500,000,000

Share Capital

0.000

No of Shares

Public Issue

134,428,000

Offer for Sale

18,521,000

Private Placement

110,449,000

Issuing House

MIH - 590

ISIN Code

MYL5286OO009

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF Mi EQUIPMENT HOLDINGS BERHAD ("Mi EQUIPMENT HOLDINGS") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 134,428,000 NEW ORDINARY SHARES IN Mi EQUIPMENT HOLDINGS ("SHARES") ("ISSUE SHARES") IN THE FOLLOWING MANNER: 25,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; 17,500,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE PERSONS (AS DEFINED IN THE PROSPECTUS); 60,449,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS; 31,479,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("MITI"); AND (II) OFFER FOR SALE OF 18,521,000 EXISTING SHARES ("OFFER SHARES") BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MITI, AT AN IPO PRICE OF RM1.42 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION.

Mi Equipment - English IPO (Bursa part 1).pdf

Mi Equipment - English IPO (Bursa part 2).pdf

List of ADA.pdf

Discussions
9 people like this. Showing 50 of 6,969 comments

tts752

should be quite good QR...suddenly shooting up...QR expected to release this evening

2024-08-16 14:41

autoven

QR out...if still got ppl complaint...ask him to be CEO la...ask him how is called good QR....

2024-08-16 17:46

Picanto

CEO sendiri said not good "A full recovery for the semiconductor industry is not only slower than expected, in fact, to put it more honestly, a full recovery is unlikely to happen in 2024."

2024-08-16 18:08

virgogo

Good performance as compared to most ATE companies. PE much lower than all the other semi con and ATE companies

2024-08-16 19:00

pang72

n view of the rising trade protectionism, regional military conflicts and riots, inflation, unfair policies, tariffs and transnational sanctions, which slowed down the consumers’ spending as well as the corporate capital expenditure andled to a weak and unstable world economy in 2024. A full recovery for the semiconductor industry is not only slower than expected, in fact, to put it more honestly, a full recovery is unlikely to happen in 2024. The growth momentum in AI (ArtificialIntelligence)chips may not be sustainableif earnings from AI applications fail to meet expectations or if the novelty against AI cools.The management foresee that the PAT in the2H’2024willbemuchlowerthan1H’2024underthepressurefromthestrengtheningringgit against the greenbacksand the Group’s plan for an additional provision of approximately MYR8.8 mils for staff costs.Consideringthe currentwalking on eggssituation of the international operations,the management of Mi Group still maintains a cautious and conservative attitude towards the prospects in 2024.

2024-08-16 19:02

pang72

The most honest company is MI..
AI can not sustain... Chalat lo

2024-08-16 19:03

pang72

有鑒于贸易保护主义抬头、地区军事冲突和骚乱、通货膨胀、不公平政策、关税和跨国制裁,打击了大多数人的消费意愿和企业的资本性支出,导致不确定因素充斥着2024年的世界经济而欲振乏力。半导体行业的全面复甦不仅慢于预期,事实上,用更诚实的话来说,此全面复甦于2024年已然无望。如果人工智慧应用的收益未能达到预期,或者对人工智慧的新鲜感降温,人工智慧芯片的增长势头可能会崩溃。管理层预计,在令吉兑美元走强的压力下以及集团计划额外拨备约880万令吉用于员工支出,集团2024年下半年的税后利润将较上半年大幅缩减。基于国际运营的现况如履薄冰,正齐集团管理层对2024年的前景依然保持谨慎、保守的态度。

2024-08-16 19:03

pang72

如果人工智慧应用的收益未能达到预期,或者对人工智慧的新鲜感降温,人工智慧芯片的增长势头可能会崩溃

AI crashing? MI is obviously the most honest company in the world

2024-08-16 19:04

s3phiroth

That is a very big IF.

2024-08-18 21:34

pang72

$2.14 lowest

2024-08-19 09:55

pang72

More to come below $2

2024-08-19 09:55

HorseyKL

2024-08-19 2.24 2.92 +0.68 (30.36%) BUY called from PUBLIC BANK

2024-08-19 11:37

autoven

what if the latest announced QR bad + the comment from CEO...
will it limit down today?

2024-08-19 12:48

Volz4321

it's gonna go up eventually

2024-08-19 14:17

pang72

Tmr can dip below $2 liao

2024-08-20 19:58

pang72

$2.01 lowest..
MI the honest company so must hv honest valuation below $2

2024-08-22 15:23

HorseyKL

Bro Pang ada support sikit ka? 😁

2024-08-22 17:36

LalisaFang

Wonder why the management gave such a gloomy outlook ...

2024-08-23 17:04

pang72

The management guides the AI heat gone then tech bubble will burst.
How to support MI?

2024-08-23 17:53

pang72

As predict fall below $2.

Next destination is $1.80

2024-08-23 17:53

pang72

MI told you don't syiok sendiri in AI

2024-08-23 17:54

pang72

I like their management in fact because of thier honesty.
Many listed company boss, IB or gurus didn't care about investors welfare of telling lies in the report causing huge losses to innocent.

This is not right!

2024-08-23 17:56

stkoay

Wah, bro pang72 monitor so many stocks...
....must call him sifu....
....i only know 2 - 3 stocks :p

2024-08-23 17:56

pang72

My bro stkoay..
Your 2 to 3 stocks are the best in town..
No need to monitors those gambling stock...

2 months ago

pang72

I monitor but I don't own any MI.
Read the report like reading newspaper lol

2 months ago

stkoay

After reading what you posted in other forums, i think you do alot of home work...
...well done, salute!

2 months ago

stkoay

Very well inform investor...

2 months ago

stkoay

Next time, after you buy anything,,,please share ya...
...will follow a little:)

2 months ago

pang72

Basic knowledge..
Write for fun:)

2 months ago

pang72

The stocks you own now are the best.
FOCUS those shall be good for long term winners

2 months ago

stkoay

Hopefully.
Thanks for opinion.

2 months ago

pang72

52wks low-1.56

Most honest company is saving multimillion ringgit from retailers

2 months ago

pang72

Still got $1.95...
Waotvfor you at $1.56 since you said AI is a dream only

2 months ago

Jonathan Keung

Looks bad for certain tech counters.

2 months ago

Mitchell79

Mi has solid fundamental, dnt you worry

2 months ago

pang72

$1.80 as on 9Sep24..
$1. 56 target

2 months ago

Vhydro

Mega sales tmr?

2 months ago

mf

Dow Jones

Dow Jones Industrial Average

40,345.41

-410.34

1.00%

Nasdaq

NASDAQ Composite

16,690.83

-436.82

2.55%

2 months ago

HorseyKL

got share buy back from 1.84 to 1.90.. dont worry too much.

2 months ago

Income

Good luck

2 months ago

Mitchell79

Snipe for cheap price

2 months ago

Mitchell79

These tech stocks are rebounding again ... Hard to get cheap cheap price

2 months ago

Income

Jepun likes MI。

1 month ago

LalisaFang

Because MI sangat sedap 😆

4 weeks ago

家俊

long time no see guys. here the same old chart i shared last year.
https://www.tradingview.com/x/tHRLojI5/

and btw where is that sinkalan japan AV star username misuko something. hahaha

4 weeks ago

Income

家俊
long time no see guys. here the same old chart i shared last year.
https://www.tradingview.com/x/tHRLojI5/

and btw where is that sinkalan japan AV star username misuko something. hahaha
23/10/2024 2:21 PM





She is AV star? OMG tak senonoh!

3 weeks ago

Income

Japan ese AV star dah Cabut lari dari sini

3 weeks ago

Income

Jepun punya suka in i.

3 weeks ago

Income

Japan puny a MI Goreng

1 week ago

KPH5328

unrealized forex loss of 28.4mil, USD strengthening since Sept/Oct, Q4 should be fine.
Prospect: The Group expect a double-digit revenue growth for both SEBU and SMBU in FY2024.

9 hours ago

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