KLSE: MGB (7595)       ML GLOBAL BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.69   -0.02 (1.17%)  1.68 - 1.71  83,200
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Additional Listing

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Ann. Date Date Type Units Price Total NOSH View
06-Dec-2016 07-Dec-2016 Acquisitions 267,761,194 0.670 357,395,594 Additional Listing Detail
06-Feb-2017 07-Feb-2017 Exercise of Warrants 9,190,000 0.500 366,585,594 Additional Listing Detail
13-Mar-2017 14-Mar-2017 Exercise of Warrants 500 0.500 366,586,094 Additional Listing Detail
01-Jun-2017 02-Jun-2017 Exercise of Warrants 800 0.500 366,586,894 Additional Listing Detail
31-Jul-2017 01-Aug-2017 Private Placement 28,000,000 1.080 394,586,894 Additional Listing Detail
16-Oct-2017 17-Oct-2017 Exercise of Warrants 70,000 0.500 394,656,894 Additional Listing Detail
01-Nov-2017 02-Nov-2017 Exercise of Warrants 262,200 0.500 394,919,094 Additional Listing Detail
06-Nov-2017 07-Nov-2017 Exercise of Warrants 60,000 0.500 394,979,094 Additional Listing Detail
07-Nov-2017 09-Nov-2017 Exercise of Warrants 308,200 0.500 395,287,294 Additional Listing Detail
10-Nov-2017 14-Nov-2017 Exercise of Warrants 171,000 0.500 395,458,294 Additional Listing Detail
15-Nov-2017 16-Nov-2017 Exercise of Warrants 229,800 0.500 395,688,094 Additional Listing Detail
20-Nov-2017 21-Nov-2017 Exercise of Warrants 158,800 0.500 395,846,894 Additional Listing Detail
22-Nov-2017 23-Nov-2017 Exercise of Warrants 482,379 0.500 396,329,273 Additional Listing Detail
27-Nov-2017 28-Nov-2017 Exercise of Warrants 294,000 0.500 396,623,273 Additional Listing Detail
30-Nov-2017 04-Dec-2017 Exercise of Warrants 238,000 0.500 396,861,273 Additional Listing Detail
05-Dec-2017 06-Dec-2017 Exercise of Warrants 47,000 0.500 396,908,273 Additional Listing Detail
08-Dec-2017 11-Dec-2017 Exercise of Warrants 138,500 0.500 397,046,773 Additional Listing Detail
12-Dec-2017 13-Dec-2017 Exercise of Warrants 60,000 0.500 397,106,773 Additional Listing Detail
13-Dec-2017 14-Dec-2017 Exercise of Warrants 281,200 0.500 397,387,973 Additional Listing Detail
18-Dec-2017 19-Dec-2017 Exercise of Warrants 211,300 0.500 397,599,273 Additional Listing Detail
20-Dec-2017 21-Dec-2017 Conversion of Preference Shares 90,000,000 0.670 487,709,273 Additional Listing Detail
22-Dec-2017 26-Dec-2017 Exercise of Warrants 4,136,500 0.500 491,845,773 Additional Listing Detail
03-Jan-2018 04-Jan-2018 Exercise of Warrants 57,300 0.500 491,903,073 Additional Listing Detail
05-Jan-2018 08-Jan-2018 Exercise of Warrants 54,000 0.500 491,957,073 Additional Listing Detail
08-Jan-2018 10-Jan-2018 Exercise of Warrants 79,000 0.500 492,036,073 Additional Listing Detail
11-Jan-2018 12-Jan-2018 Exercise of Warrants 200,500 0.500 492,236,573 Additional Listing Detail
12-Jan-2018 16-Jan-2018 Exercise of Warrants 10,000 0.500 492,246,573 Additional Listing Detail
17-Jan-2018 18-Jan-2018 Exercise of Warrants 375,700 0.500 492,622,273 Additional Listing Detail
Analyze this stock with MQ Trader system

  2 people like this.
Williamtaychunkit 我也在这几天"扫货"了.
20/12/2017 17:33
Williamtaychunkit 你开的公司,如果从亏到赚钱,而且每一季报可以净赚rm10 mil , 你还很想把你手中的票卖出吗。
20/12/2017 17:37
stockintalk Ken and Chunkit, if I'm the boss, I will not sell to others ppls hand .
I will enjoy the rise , the future of Mlglobal.
A lot of fundamental points still haven't announce yet like Zhuhai projects in China, IBS on the way on next year with SANY , LBS BINA projects on next year 2018 still haven't launch news projects.
20/12/2017 18:14
ptransGoGoGo The boss has converted another 67,500,000 units today
20/12/2017 18:50
stockintalk 他们压着价位不要给Mlglobal涨得太快,因为convert share 还没完成。
20/12/2017 22:47
Ken Remarks :
The above ICPS are converted to Ordinary Shares based on a conversion price of RM0.67 and at the conversion ratio of one (1) ICPS into one (1) Ordinary Share with no additional cash payment.

The latest issued and paid-up share capital of the Company including ICPS is RM382,445,407.40 comprising:-

(i) 487,709,273 Ordinary Shares; and
(ii) 90,000,000 ICPS.
21/12/2017 08:59
Ken Maybe automatically converted.67.5k by LBS,22.5kby Datuk Lim.All together 90k.After converted,earning per share will be diluted.Now total shares 488mil,before 398 milTheir cost is 0.67,actual cost much lower.
21/12/2017 09:03
longtermvaluegain LBS BINA 老板自己创造上市公司当然会以低价开始converted,自己创造价值,自己创造盈利。
HAPSENG从RM1.30 到RM9.00多,票中大多数是在大老板手中的,自己以低价大量买入至今,为什么?就是知道日后HAPSENG价值会提升啊!
(你大可以像LBS BINA大老板自己去创立一所公司就以20 cent IPO)
21/12/2017 11:25
Stevecheahsw 2nd Kerjaya! Gogogo
21/12/2017 13:11
Williamtaychunkit 我个人买入该股是留意到它的盈利表现,我没有兴趣去注意他穿什么颜色底裤。
21/12/2017 13:21
christophertopher Only hamsap wan to see beautiful girls underwear.
21/12/2017 16:38
Ken http://www.bursamalaysia.com/market/listed-companies/company-announcements/5645409
4mil of warrants have been converted,.Look like operators also want to cabut
22/12/2017 15:43
Ken I do my calculation on expected PE .I assume property market still good & earning remain 10mil each quarter for the next two quarter. Normally public invest research never take ICPS into account.

PE=Price/Earning per share

Current price =1.63

Total shares is 492mil+90mil ICPS=582mil

Total earning per year 10milx4Q

Total earning per share=


If want to know the expected PE,just take the current price divided by 6.9ct
22/12/2017 15:59
ptransGoGoGo I expect at least 30% growth in revenue next year once the IBS plant has started to contribute. So current PE is okay for me and the this stock is really a controlled stock, nobody can let it collapse unless big boss wants to.
22/12/2017 17:11
ptransGoGoGo Recent conversion of ICPS and huge warrant amounts might due to the fund that they need to set up the IBS plant, so all big bosses are injecting more money into mlglobal.
22/12/2017 17:12
ptransGoGoGo How did I get the number --> 30% growth? It is from this news,

“Not only that, a project’s construction period can be effectively reduced by 30% by using the IBS system.

Not to mention that the shares hold by LBS Bina and Lim Lit Chek will be ballooned to 72% out of 100% in mlglobal total issued shares after they convert all the ICPS and warrants. It is just showing how confidence the management is in term of the prospect of the company or else they will not invest so many money into mlglobal.
22/12/2017 17:17
ptransGoGoGo Another advantage of using the IBS which is not mentioned in the news is that the using of IBS will let them save cost in the raw material by reducing the using of steel bar which is more expensive now.
22/12/2017 17:21
Ken ML Global has not received a single cent from conversion of ICPS.

at the conversion ratio of one (1) ICPS into one (1) Ordinary Share with no additional cash payment.
22/12/2017 20:21
Ken Warrants need to be converted to mother shares as it's difficult to sell the warrants in the market cause no buyers
22/12/2017 20:23
ptransGoGoGo The above ICPS are converted to Ordinary Shares based on a conversion price of RM0.67 and at the conversion ratio of one (1) ICPS into one (1) Ordinary Share with no additional cash payment.

Please dont pick part of the sentence
22/12/2017 21:29
christophertopher Let me talk some latest facts of Mlglobal now.
Until today 22/12/2017 Friday after ICPS.

1.Issued share of Mlglobal :487.71 mil
2. PE: 30.8x
3. EPS: 5.26 sen

We assume Mlglobal can record 4th Qr. Earning of rm10 mil, okay guys?
So, the 4th Eps is 2.05 sen.

The total EPS is 5.26 sen+2.05 sen=7.31 sen.

KERJAYA PE :18.31x

我们别讲18.31x, 就好让Mlglobal 比益本20x-25x, is that fine? Reasonable, right?
MLGLOBAL Target Price only range at RM1.46 to RM1.83.
Conclusion:其实MLGLOBAL 股价起得很离谱了,过火了.
22/12/2017 22:53
christophertopher Take note:
The 4th Earning of rm10 mil 除以487.71 mil shares
EPS = 2.05 sen.
22/12/2017 22:57
Ken http://www.bursamalaysia.com/market/listed-companies/company-announcements/5204973

Please read carefully,they sell MITCE S/B to ML Global 300mil,with the issue price of 0.67per share.They never paid ML Global a single cent but ML Global issue share to them,268mil ordinarily share & 180mil ICPS.Who determine the selling price?The seller & the buyer is the same person.That's why they own 72% as what you said.

Conversion don't need to pay a single cent.0.67 is issue price.
22/12/2017 22:57
ptransGoGoGo Ken, sorry, I think you are right.
I found those details in the pdf file.

Conversion Price or Conversion Ratio :
Subject to adjustments to the conversion price and conversion ratio
set out below, the conversion price shall be an amount equivalent
to the Issue Price (“Conversion Price”), which effectively results in
the conversion ratio of one (1) ICPS into one (1) new MGB Share
(“Conversion Ratio”). For avoidance of doubt, no additional cash
payment is required for such conversion of the ICPS by the ICPS
Based on the current conversion ratio, 180,000,000 new MGB
Shares will be issued upon full conversion of the ICPS.
23/12/2017 00:42
ptransGoGoGo I was confused with the term "issue price" and "conversion price"
23/12/2017 00:42
ptransGoGoGo @christophertopher , if based on current PE, price seems like overpriced. But if you take into the account of 30% growth, current valuation is reasonable. The only risk to growth stock like mlglobal is when it unable to deliver the "expected" result. So for those who have bought mlglobal since 1.1x like me, it is okay to hold and let profit runs. For those who intend to buy but haven, you must have a very strict trading/investing plan including when to buy and sell because you do not have the safety margin like us.
23/12/2017 00:50
ptransGoGoGo @Ken, as no cash is received upon the conversion of ICPS, my guess that it is probably why they extend the private placement period so that they could do another private placement to have fund to build the IBS plant as I kind of remember that they need like 20.4m (51% out of 40m, 51% holding in JV with Sany) fund as the initial investment to build the plant.
23/12/2017 00:54
ptransGoGoGo For those who intends to sell at current price, dont need to be panic selling, if you have observed the buy queue during this few days, you should have already noticed that there are someone who queued huge amount of money to buy at 1.62, so you guys could probably sold all your holdings at 1.62 without the need to throw all down the share price tremendously. Just my 2 cents. No offence. Btw, happy winter solstice to all of you. :)
23/12/2017 01:01
longtermvaluegain Christopher calculation for MLGlobal for situation much accurate.
25/12/2017 08:09
Ken I am not rushing to sell.The major shareholders need time to dispose their shares.Once the daily trade volume increase abnormally,then it's my time to sell.My guess is they will support or push up the warrants once they want to sell their mother shares.Currently total shares for warrant is 10.3mil relative low compare to mother shares whereby total shares is 492mil.Just need little fund to push up warrant
25/12/2017 17:55
Ken http://www.bursamalaysia.com/market/listed-companies/company-announcements/5647565
After conversion,total shares become 496mil,total shares for warrant become 6.4mil.
26/12/2017 17:56
ptransGoGoGo I am quite confused when you are saying that the major shareholder need time to dispose their shares. From my point of view, I dont think they want to sell and if they really want to sell, there is no retailers that have the ability to absorb the shares they own. The average volume traded each day is only around 500k.
26/12/2017 23:36
christophertopher https://assets.theedgemarkets.com/13-Stocks-you-wish-you'd-bought-before-GE13.png
27/12/2017 08:27
Ken PtransGoGoGo.Yes,you are right,not enough retailer able to absorb the shares,that's why they need to take more time to dispose(.Media strongly recommended,this will make more retailer to absorb)I am not sure whether you aware that one of the current ED was MD for Vintage Bhd.ML Global former name was Vintage Bhd. Previously the share price was push up to Rm2- 3(I can't recall the actual price)and the shares was dump until the price drop to 0.10+ & the company was fell into PN17.LBS bought over the remaining shares from him and able to control 51% of this company and he was appointed as ED for this company.The same story might be happened again & probably in very slow progress.
27/12/2017 10:21
ptransGoGoGo If you are referring to Beh Hang Kong, I dont think is a real issue now as he is only the Non-Independent Non-Executive Director for mlglobal now which is basically useless
27/12/2017 18:21
Ken They might follow Dato Beh's footstep.If really can sell this company at market price,they can earn at least 500mil.If you can earn 500mil in one year plus,why you choose to earn 40mil in one year.But for sure nobody will buy this company at this rate,they only can sell it in market & you can know by volume traded.That's why I will base on target volume to sell,not target price to sell.
28/12/2017 20:32
Stevecheahsw Slow slow better, Next month 1.80 enough
29/12/2017 00:25
Ken Cannot compare Hapseng with Ml Global. Hapseng's boss purchased from market made the price up.ML Global's boss not buying from market,they printed huge shares & ready to sell in the market.They use little fund to push up the share price when not so many shares in the market
29/12/2017 08:20
wenlijianqinyun79 大股东开始丢票了。
03/01/2018 18:41
wenlijianqinyun79 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5654641
03/01/2018 18:41
ptransGoGoGo Lim Lit Chek is also selling 10,000,000 units off-market on 29th Nov
03/01/2018 22:47
ptransGoGoGo Lim Hock San is selling all his direct intrest share which is 4,718,300 units at around rm1.63 per share. They are not stupid, stupid is brewing, could be selling to Sany Group as they want to be benefited together with the joint venture?
03/01/2018 22:49
Ken Normally MD will not sell directly to market,this will affect people's confident & share price
04/01/2018 08:20
Ken Shouldn't change the name when is good luck
05/01/2018 17:40
Ken http://www.enanyang.my/news/20180109/创建集团br-直接与ppa1m打交道/
After spent 2.8mil purchased the company,the target price increase from 1.82 to 2.05,this means the market capital will be increased another 492milx0.23=113mil.I really don't know how they analysis.Anyway as they controlled most of the shares,I think they will push up to 2.05.
09/01/2018 10:46
orangbaru77 good job..
10/01/2018 12:46
Ken The company NTA are miscalculated,not so high.They should deduct 253mil good will.Good will is not tangible asset.
12/01/2018 12:37
Leslie Ong why drop so many
15/01/2018 11:17
Will911 Oversold already
15/01/2018 18:51
Leslie Ong what you mean?
15/01/2018 21:15


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