MAA (1198) Overview - MAA GROUP BERHAD

Took some profits at 40.5 sen in the morning before the announcement.

2024-04-26 17:38

dompeilee

First say sold @ 39.5c...then delete & change to 40.5c...Liar alert...another one of those where nothing alleged can be believed lol

2024-04-27 07:34

maybe just a honest mistake. give him the benefit of doubt. maaflah, dont be too harsh

2024-04-27 09:30

yes, 20sen /share from Turiya disposal .... doesn't mention whether would give dividend, somehow, he can do so if he wants .....

2024-04-27 10:09

Sold a small portion at 9.54 am yesterday. What's the price at 9.54 am?

2024-04-27 12:35

Posted by dompeilee > 2023-11-16 17:01 | Report Abuse

Dripped more $ into MAA @ the 44.5c close...🤗 Pity those who chased @ 60c or higher & had to CUT, but if they chose to hold, they would be guaranteed to make $ within the next year at the very latest

Pity those who bought at 44.5 sen.

2024-04-27 12:37

Posted by dompeilee > 1 day ago | Report Abuse

Bought more MAA @ 38.5c, going above 10,000 shrs for the 1st time since 2012!

Ten thousand shares? Yesterday I sold 24,000 shares , still have balance 97,100 shares.

2024-04-27 13:29

again?

TheContrarian

8,646 posts

Posted by TheContrarian > 2024-01-18 18:09 | Report Abuse

Bought at 35 sen today.

TheContrarian

8,646 posts

Posted by TheContrarian > 2024-01-19 10:33 | Report Abuse

Bought at 34 sen today

On the first trading day in January Kuchai went limit up and I sold off all at 1.62 netting over 30% gain, used the proceeds to buy 100,000 MAA shares at 34 to 35 sen.

2024-04-27 13:43

I don't think MAA will declare any dividend as punishment to the minority shareholders for opposing the major shareholders attempt to privatize it at 1.10.

2024-04-27 15:42

MAA was one of the early shares sprakup bought when first dabble in klse. That time MAA was trading at rm5+

2024-04-27 16:25

dompeilee

TheContrarian

Posted by dompeilee > 1 day ago | Report Abuse

Bought more MAA @ 38.5c, going above 10,000 shrs for the 1st time since 2012!

Ten thousand shares? Yesterday I sold 24,000 shares , still have balance 97,100 shares.

5 hours ago

I don't need to believe anyone who already has an HONESTY DEFICIT. I saw your post proclaiming your sale @ 39.5c b4 you DELETED it. Unlikely to be an honest mistake for such an allegedly large position(which is probably a lie to begin with) 😉

2024-04-27 19:02

Ten thousand shares only? Hahaha 🤣

2024-04-27 19:16

do you read technical chart TheContrarian?

2024-04-27 20:31

@xiaoeh, no, I don't.

2024-04-27 20:40

It has been five years since Tengku's first attempt to privatize MAA. Now, MAA has been released from PN17 status but may re-enter PN17 after the sale of MAA Philippines, a lower price compared to 2019, and increased cash reserves. I believe this is an opportune time to consider privatization once again.

2024-04-28 16:25

@Cipta, ultimately MAA will be privatized but no one knows when. In the meantime minority shareholders continue to be punished by not getting any dividend.

2024-04-28 17:36

@TheContrarian Perhaps this is the way to force minority to accept the offer price when 2nd attempt coming.

2024-04-28 17:53

Probably will be at a lower offer price.

2024-04-28 18:09

Long ago before the privatization attempt MAA paid generous regular dividend plus occasional big special dividend. Things turn sore after the failed privatisation.

2024-04-28 18:11

A couple of years ago from time to time MAA did some share buy back, hopefully they will resume doing so now that there's cash in the bank.

2024-04-28 18:18

Giving its asset mostly in cash, hostile takeover is possible.

2024-04-29 08:14

MAA has a rotten investment in KNM. Lots of cash was wasted there.

2024-04-29 08:32

Just bought back MAA at 38.5 sen. Hope price doesn't go lower.

2024-04-29 10:05

When MAA bought Turiya, some shareholders said the same but now they see how much MAA made. KNM is losing money right now, but it still has valuable assets just like MAA. Tengku needs to get more PR with his peers. I reckon everyone will be friendly towards him if he does proper communication and profit sharing.

2024-04-29 10:39

Ya, MAA needs to turn KNM around but will take a long time.

2024-04-29 11:41

If MAA resumes paying dividend or do a share buy back it will earn itself brownie points from the minority shareholders.

2024-04-29 11:43

Bought at 37.5 sen today.

2024-04-30 16:43

wait at 0.355...
possible..?

2024-04-30 16:51

Don't think so.

2024-04-30 17:58

Possible,. MAA soon will be PN17 again. If Tengku doesn't take any proactive action, it will be delisted.

2024-05-01 14:27

Posted by Cipta > 12 minutes ago | Report Abuse
Possible,. MAA soon will be PN17 again. If Tengku doesn't take any proactive action, it will be delisted.

why you say so Cipta..?
don't mind sharing more of what you know...?

2024-05-01 14:40

Following the sale of MAA Philippines, MAA no longer has a core business and has been incurring losses for three consecutive quarters.

2024-05-02 08:21

Heard a few yrs ago, tengku wanted to privitized MAA @1.10 but they vote down at EGM, tengku very angry and let them suffering

2024-05-02 10:07

It's true

2024-05-02 10:13

It's unlikely. Over the past five years, while MAA was under PN17, Tengku required cash to invest in new business ventures by Bursa rules, otherwise MAA risked delisting. Regulations prevented him from initiating another SCR in a short period. However, it has now been five years since the first attempt.

2024-05-02 14:30

https://theedgemalaysia.com/article/way-forward-maa-after-failed-src

2024-05-02 14:31

Thanks for sharing Cipta and Curiousq

2024-05-02 16:04

The Board of Directors of MAAG wishes to announce that the Company has acquired to date over the period from 8 February 2024 to 10 May 2024 via direct business transaction a total of 201,475,000 ordinary shares of KNM Group Berhad (“KNMG”) at an average price of RM0.165 per share, representing 4.98% of the total issued share capital of KNMG for a total purchase consideration of RM33,243,375.

2024-05-10 23:18

KNM going to turn around soooooon..?

2024-05-10 23:24

SCM2023

MAA is a dead stock. Is it impossible to kick management team out? We are being scammed since the day RM1.10 offered deal

2024-05-18 07:06

Hippopotamuska

Also have been deprived of the yearly dividends after the failed privatization attempt.

2024-05-31 15:10

MAA unstoppable buying KNM
why ha...?

2024-05-29
Insider
MAA GROUP BERHAD (a substantial shareholder) acquired 2,363,200 shares on 28-May-2024.
2024-05-29
Insider
MAA GROUP BERHAD (a substantial shareholder) acquired 10,000,000 shares on 27-May-2024.

2024-05-31 16:18

OMG!! cannot again

2024-06-01 09:46

look back should have accept MAA privatsation

2024-06-01 10:25

Hippopotamuska

The current management team failed the shareholders again by incurring huge losses for MAA. This is not what the shareholders are looking for. Until when this shameful saga will end?

2024-06-04 09:10

Bought at 31 sen.

2024-08-05 17:20

QR out, nice.

2 months ago

SuperDuper

Wow! See properties they now own ard the world in the latest annual report!

3 weeks ago