KLSE: MGB (7595)       MGB BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.30   -0.09 (6.47%)  1.28 - 1.39  88,100
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Additional Listing

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Ann. Date Date Type Units Price Total NOSH View
23-Apr-2018 24-Apr-2018 Exercise of Warrants 40,000 0.500 496,648,452 Additional Listing Detail
16-Apr-2018 17-Apr-2018 Exercise of Warrants 1,124,879 0.500 496,608,452 Additional Listing Detail
05-Apr-2018 06-Apr-2018 Exercise of Warrants 33,900 0.500 495,483,573 Additional Listing Detail
26-Mar-2018 27-Mar-2018 Exercise of Warrants 26,200 0.500 495,449,673 Additional Listing Detail
16-Mar-2018 19-Mar-2018 Exercise of Warrants 18,200 0.500 495,423,473 Additional Listing Detail
07-Mar-2018 09-Mar-2018 Exercise of Warrants 45,300 0.500 495,405,273 Additional Listing Detail
05-Mar-2018 06-Mar-2018 Exercise of Warrants 1,628,000 0.500 495,359,973 Additional Listing Detail
01-Mar-2018 05-Mar-2018 Exercise of Warrants 101,900 0.500 493,731,973 Additional Listing Detail
19-Feb-2018 21-Feb-2018 Exercise of Warrants 40,000 0.500 493,630,073 Additional Listing Detail
14-Feb-2018 15-Feb-2018 Exercise of Warrants 8,000 0.500 493,590,073 Additional Listing Detail
07-Feb-2018 08-Feb-2018 Exercise of Warrants 20,000 0.500 493,582,073 Additional Listing Detail
02-Feb-2018 05-Feb-2018 Exercise of Warrants 61,200 0.500 493,562,073 Additional Listing Detail
29-Jan-2018 30-Jan-2018 Exercise of Warrants 17,000 0.500 493,500,873 Additional Listing Detail
24-Jan-2018 25-Jan-2018 Exercise of Warrants 316,000 0.500 493,483,873 Additional Listing Detail
22-Jan-2018 23-Jan-2018 Exercise of Warrants 545,600 0.500 493,167,873 Additional Listing Detail
17-Jan-2018 18-Jan-2018 Exercise of Warrants 375,700 0.500 492,622,273 Additional Listing Detail
12-Jan-2018 16-Jan-2018 Exercise of Warrants 10,000 0.500 492,246,573 Additional Listing Detail
11-Jan-2018 12-Jan-2018 Exercise of Warrants 200,500 0.500 492,236,573 Additional Listing Detail
08-Jan-2018 10-Jan-2018 Exercise of Warrants 79,000 0.500 492,036,073 Additional Listing Detail
05-Jan-2018 08-Jan-2018 Exercise of Warrants 54,000 0.500 491,957,073 Additional Listing Detail
03-Jan-2018 04-Jan-2018 Exercise of Warrants 57,300 0.500 491,903,073 Additional Listing Detail
22-Dec-2017 26-Dec-2017 Exercise of Warrants 4,136,500 0.500 491,845,773 Additional Listing Detail
20-Dec-2017 21-Dec-2017 Conversion of Preference Shares 90,000,000 0.670 487,709,273 Additional Listing Detail
18-Dec-2017 19-Dec-2017 Exercise of Warrants 211,300 0.500 397,599,273 Additional Listing Detail
13-Dec-2017 14-Dec-2017 Exercise of Warrants 281,200 0.500 397,387,973 Additional Listing Detail
12-Dec-2017 13-Dec-2017 Exercise of Warrants 60,000 0.500 397,106,773 Additional Listing Detail
08-Dec-2017 11-Dec-2017 Exercise of Warrants 138,500 0.500 397,046,773 Additional Listing Detail
05-Dec-2017 06-Dec-2017 Exercise of Warrants 47,000 0.500 396,908,273 Additional Listing Detail
30-Nov-2017 04-Dec-2017 Exercise of Warrants 238,000 0.500 396,861,273 Additional Listing Detail
27-Nov-2017 28-Nov-2017 Exercise of Warrants 294,000 0.500 396,623,273 Additional Listing Detail
22-Nov-2017 23-Nov-2017 Exercise of Warrants 482,379 0.500 396,329,273 Additional Listing Detail
20-Nov-2017 21-Nov-2017 Exercise of Warrants 158,800 0.500 395,846,894 Additional Listing Detail
15-Nov-2017 16-Nov-2017 Exercise of Warrants 229,800 0.500 395,688,094 Additional Listing Detail
10-Nov-2017 14-Nov-2017 Exercise of Warrants 171,000 0.500 395,458,294 Additional Listing Detail
07-Nov-2017 09-Nov-2017 Exercise of Warrants 308,200 0.500 395,287,294 Additional Listing Detail
06-Nov-2017 07-Nov-2017 Exercise of Warrants 60,000 0.500 394,979,094 Additional Listing Detail
01-Nov-2017 02-Nov-2017 Exercise of Warrants 262,200 0.500 394,919,094 Additional Listing Detail
16-Oct-2017 17-Oct-2017 Exercise of Warrants 70,000 0.500 394,656,894 Additional Listing Detail
31-Jul-2017 01-Aug-2017 Private Placement 28,000,000 1.080 394,586,894 Additional Listing Detail
01-Jun-2017 02-Jun-2017 Exercise of Warrants 800 0.500 366,586,894 Additional Listing Detail
13-Mar-2017 14-Mar-2017 Exercise of Warrants 500 0.500 366,586,094 Additional Listing Detail
06-Feb-2017 07-Feb-2017 Exercise of Warrants 9,190,000 0.500 366,585,594 Additional Listing Detail
06-Dec-2016 07-Dec-2016 Acquisitions 267,761,194 0.670 357,395,594 Additional Listing Detail
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  2 people like this.
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
Stevecheahsw 2nd Kerjaya! Gogogo
21/12/2017 13:11
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
Inta@TP0.60 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
Inta@TP0.60 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
Inta@TP0.60 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
Inta@TP0.60 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
Inta@TP0.60 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
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
Inta@TP0.60 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
Inta@TP0.60 I was confused with the term "issue price" and "conversion price"
23/12/2017 00:42
Inta@TP0.60 @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
Inta@TP0.60 @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
Inta@TP0.60 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
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
Inta@TP0.60 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
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
Inta@TP0.60 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
Inta@TP0.60 Lim Lit Chek is also selling 10,000,000 units off-market on 29th Nov
03/01/2018 22:47
Inta@TP0.60 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
1054814577958417 why drop so many
15/01/2018 11:17
Will911 Oversold already
15/01/2018 18:51
1054814577958417 what you mean?
15/01/2018 21:15
1054814577958417 drop again...
26/01/2018 16:39
Ken Sold all
06/02/2018 14:53
Ken Now only drop.Operator push up & sell slowly
07/02/2018 15:35
mneo patient.... this is a good counter...
24/02/2018 13:22
Stevecheahsw today or tomorrow out, if Q4 got 12.5M profits the eps also 2.5 cents due to share dilution....
27/02/2018 01:45
Ken What is the current PE?If base on Rm 1.66

Total share issued
=494mil +90mil rcps

Share capital
585mil x Rm 1.66
=968 mil

Current earning is 6mil per quarter.If earning maintain unchanged,then earning per year is 24mil

04/03/2018 14:34
Ken If earning per year is 24mil,base on PE 15,What is fair value of MGB?


0.041x15PE=Rm 0.62 per share
10/03/2018 16:55
s_id1234 Why this stock no support at all ?
30/03/2018 11:19
一針見血 Don't think the price is cheap.Jangan kena trap.
447mil purchased at 0.67.Now the price is 1.36.Still up 100%.
30/03/2018 11:40
s_id1234 But RHB Investment target price is 2.05?
30/03/2018 12:19
Stevecheahsw look like one by one fall down.....
31/03/2018 11:45
Astotti back to 6 months low. huh??
02/04/2018 23:05
Ken The actual cost for 447mil shares is less than 0.20.MD' s elders son Lim Kim Hoe not even hold a single share.He is ED for this company.Even they sell their 50% of their shares at average price of 0.67,they still can earn more than 100mil.The faster you sell your shares,the more money will be saved.Their alliance will help them sell the shares,so you won't see any director dispose their shares in bursa.
03/04/2018 09:49
jordanmaggie61 interesting, haha
03/04/2018 10:11


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