MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.215

Today's Change

0.00 (0.00%)

Day's Change

0.21 - 0.23

Trading Volume

1,207,800


7 people like this.

13,166 comment(s). Last comment by Good123 10 hours ago

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

Nta 8.3sen per share. Post share consol, nta rm1.66. Now ~20sen market price. Work with minority interest watchdog group to prevent directors stealing minority shareholders' money etc

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

Mlabs: a growth stock .. quarterly sales UP, now with the islamic factoring even more convincing

a value stock NTA Rm1.66 (post share consol now), current price ~20sen. P/B value~0,12 dirt cheap

the caveat : the directors

Hopefully, the gang sells their stakes to a reputable party, its share price could rebound limitless, etc. :)

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

MQ Trading Signals
Time

Signal

Duration

Type

2024-04-12 11:00:00

EMA 5

Hourly

BUY

2024-04-12 09:30:00

EMA 5

30 Mins

BUY

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

NTA RM1.66 but current price is 20sen... MWDG must urge the directors on how to monetise to reward shareholders

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

NTA RM1.66 per share now, jika directors curi pun masih sky high, with stronger surveillance by the authorities, which directors dare to steal, etc now? Directors committing fraud should be sentenced to death like Vietnam hopefully hehe

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

RSI(14) Neutral 48.2
Stochastic(14) Oversold 16.7
Average Volume (3M) 2,304,800
Relative Volume 0.3

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

after share consol, not much shares now. Market Cap RM14.5M based on 20sen now
Shares (mil) 72.47

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

Live now:
63% BUY
37%SELL
2 70,900 0.195 0.200 194,400 6
11 635,500 0.190 0.205 312,500 13
9 602,900 0.185 0.210 200,000 9
6 569,700 0.180 0.215 300,000 8
1 200,000 0.175 0.220 200,000 2

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

After 2.30pm today

Time Price Chg Vol
16:11:44 0.200 10,000
15:53:25 0.200 20,000
15:12:18 0.200 30,000
14:39:48 0.200 +0.005 1,600
14:39:04 0.195 19,100

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

Tengok bursa ok with taktik lama geng tangan ghaib tak? Lepas syer consol, right issue pulak hehe

Jualkan semua quoted investments, dah more than cukup hehe

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

Hope the authority would disallow the right issue. Macc should investigate, etc

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

jika right issue tak jadi bagus... tengok pihak berkuasa akan menolak tak hehe

Good123

25,045 posts

Posted by Good123 > 1 month ago | Report Abuse

hidden hand gang mau right issue, minta wang drp pemegang syer minoriti hehe

Good123

25,045 posts

Posted by Good123 > 4 weeks ago | Report Abuse

there are some general concerns that regulators might consider when evaluating a company’s rights issue:

Dilution of Share Value: A rights issue can lead to a dilution of share value if it’s not managed properly. If the number of shares increases significantly without a corresponding increase in the company’s value, the price per share could decrease.
Financial Health: If a company is in poor financial health, a rights issue might be seen as a desperate attempt to raise funds, which could erode investor confidence.
Use of Proceeds: The company must clearly state how the proceeds from the rights issue will be used. If the use of proceeds is unclear or not in the best interest of the company and its shareholders, the rights issue might not be approved.
Fairness to Shareholders: The rights issue must be fair to all shareholders. If the rights issue is structured in a way that disadvantages certain shareholders, it might not be approved12.
Regulatory Compliance: The company must comply with all relevant regulations and disclosure requirements. If the company fails to do so, the rights issue might not be approved

Good123

25,045 posts

Posted by Good123 > 3 weeks ago | Report Abuse

MB's son among six remanded over document forgery, false claims involving RM600,000
TheEdge Wed, Apr 24, 2024 03:33pm - 20 minutes



KANGAR (April 24): The son of a menteri besar is among six individuals remanded by the Malaysian Anti-Corruption Commission (MACC) here to assist in investigations regarding a case of submitting false documents and claims involving RM600,000 over the past two years.

Magistrate Ana Rozana Mohd Nor granted the remand order for all suspects from Wednesday to Thursday, following a request from the MACC to conduct investigations under Section 18 of the MACC Act 2009.

According to sources, two civil servants from the MB’s Office and the State Secretary's Office were also detained, along with contractors and owners of various companies.

“The suspects are believed to be owners of companies, contractors, and civil servants in the State Secretary's Administration Office and the Perlis MB’s Office.

“All six suspects, aged between 26 and 37, were detained in Perlis between 7am and 8am yesterday (Tuesday),” he said.

He said the case is being investigated relating to document forgery in making false claims when the project in question was not carried out. The project involved maintenance, repair, supply, and service works starting from 2022 until now, estimated to be worth RM600,000.

Meanwhile, in Putrajaya, a senior director of the Special Operations Division of the MACC, Datuk Azmi Kamaruzaman, confirmed the arrest.

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