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Last Price Today's Change   Day's Range   Trading Volume
1.25   0.00 (0.00%)  1.25 - 1.25  13,000
47 comment(s). Last comment by dompeilee at Aug 23, 2019 4:52 PM
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Lam7894
81 posts

Posted by Lam7894 > Nov 13, 2014 2:35 PM | Report Abuse

Mr. Yeo Kim Soon is the son of Mr. Yeo Ah Tee.
Purchase from open market.
Acquired 12/11/2014 1,140,000 1.110
Direct (units) 1,140,000
Direct (%) 1.875


Lam7894
81 posts

Posted by Lam7894 > Nov 13, 2014 2:40 PM | Report Abuse

A company with no debt.
Cash + financial assets already RM45,401,000 $$$$ or net cash 75cents per share! $$$$.
With attractive dividend and other valuable assets, and perhaps take-over offer from the substantial shareholders (Mr. Yeo Ah Tee, No. of shares held 47%)?


winwin
647 posts

Posted by winwin > Nov 13, 2014 8:04 PM | Report Abuse

lam what you do think abt this counter?


Lam7894
81 posts

Posted by Lam7894 > Dec 5, 2014 8:48 AM | Report Abuse

General offer for cash-rich Mintye

Friction materials manufacturer Mintye Industries Bhd’s executive chairman Yeo Ah Tee and related parties are mulling a voluntary general offer to take the company private at RM1.60 and above. (Focus Malaysia)


jtpc2006
982 posts

Posted by jtpc2006 > Dec 8, 2014 9:22 AM | Report Abuse

Be careful, announcement from Mintye official website:

We refer to the article titled “General offer for cash-rich Mintye” appearing on page 8 in Focus Malaysia, 6-12 December 2014, and drawing our attention to the highlighted sentence in the said article, reproduced as follows:


“… Mintye Industries Bhd’s executive chairman Yeo Ah Tee and related parties are mulling a voluntary general offer to take the company private at RM1.60 and above.”


After consultation with our Executive Chairman and major shareholder, Yeo Ah Tee, the Board of Directors of Mintye Industries Bhd (“Mintye”) wishes to inform Bursa Securities that it is neither aware nor has it any knowledge of any plan for a voluntary general offer to take Mintye private as stated in the said article.


An appropriate announcement will be made in accordance with the provisions of the Main Market Listing Requirements of Bursa Securities should there be any definitive corporate development.


This announcement is dated 5 December 2014.


longvix
3 posts

Posted by longvix > Dec 8, 2014 9:42 AM | Report Abuse

that is common vague answer and does not constiute a denial. the board is not deemed to have knowledge until it receives an offer letter just like goldis


jtpc2006
982 posts

Posted by jtpc2006 > Dec 8, 2014 11:15 AM | Report Abuse

cash is king, anything may happen, just don't jump in on rumous now, falling KLCI very risky


Lip Woon Thiam
2 posts

Posted by Lip Woon Thiam > Dec 8, 2014 2:42 PM | Report Abuse

There is an old saying in Share Market, When the old man dies, the juniors will make waves and the related shares will rise!? One eg was Lee Rubbers. When Mintye senior director passed away, The share was purchase back at RM 8.00!? Pls. check the pass records. Now, it is RM 1.60 or more? So as Tun Dr M says : "We Malaysian are stupid!?"


samer
1431 posts

Posted by samer > Dec 8, 2014 3:01 PM | Report Abuse

Huh ?? OMG !


longvix
3 posts

Posted by longvix > Dec 8, 2014 3:51 PM | Report Abuse

This company's fundamentals by itself is very solid regardless of whatever rumours you want to circulate. It's dividend yield last year was 4 percent. Please remember half the company's market cap is cash and there is no debt at all. Its damn rare to find a company like this


jtpc2006
982 posts

Posted by jtpc2006 > Dec 8, 2014 4:08 PM | Report Abuse

if KLCI keep diving, and no matter how rare gems are (there are many more),cash is still king.


Piggy
7 posts

Posted by Piggy > Dec 8, 2014 10:24 PM | Report Abuse

Agreed with jtpc2006.


jtpc2006
982 posts

Posted by jtpc2006 > Dec 9, 2014 7:33 AM | Report Abuse

DJ sharp fall overnight, expect KLCI to continue dive, it makes no sense KLCI rudderless always follow the pack.


cefiro22
290 posts

Posted by cefiro22 > Dec 9, 2014 10:26 AM | Report Abuse

Isn't it usual for any Company to "deny" knowledge of what's happening? Working on fundamentals can seldom go wrong. I think the support level will be strong at 1.28.


longvix
3 posts

Posted by longvix > Dec 9, 2014 10:59 AM | Report Abuse

denying knowledge is different from denying that you intent to privatize as the latter will subject you to a six month ban from privitization. denying knowledge is a common vague answer given in order for them to be exempted from the six month ban just like Goldis.


cefiro22
290 posts

Posted by cefiro22 > Dec 9, 2014 12:50 PM | Report Abuse

Thanks. Whatever, the Directors know best how to answer and what their "hidden agenda" is. Our object, no different from them is "to make money". Cheers!


samer
1431 posts

Posted by samer > Dec 12, 2014 3:45 PM | Report Abuse

NAB = RM 1.75, now stock at RM 1.15............cheap sale


jtpc2006
982 posts

Posted by jtpc2006 > Dec 12, 2014 3:48 PM | Report Abuse

Mintye NTA is 1.75 current price 1.16, E&O NTA is only 1.37 current price 2.21. Buy in Mintye more attractive now.


firehawk
2516 posts

Posted by firehawk > Dec 12, 2014 3:53 PM | Report Abuse

thanks longvix, a difference of that ....


logitrader
3923 posts

Posted by logitrader > Dec 25, 2014 4:22 PM | Report Abuse

http://www.klse.my/financial/quarterResult/YoY/quarter/5886/31-Oct-2014.jsp


paperplane
1407 posts

Posted by paperplane > Dec 31, 2014 8:55 AM | Report Abuse

This company do car breaks. Rubber price went down recently. Shld be good for it in near future.


paperplane
1407 posts

Posted by paperplane > Jan 7, 2015 5:28 AM | Report Abuse

Waiting it explode soon.


paperplane
1407 posts

Posted by paperplane > Jan 25, 2015 5:22 PM | Report Abuse

Buy now!


paperplane
1407 posts

Posted by paperplane > Feb 16, 2015 11:55 PM | Report Abuse

Doing some amalgamation of shares...is this a privatize hint? Rm1.65 is earlier rumors. Nta now 1.75


paperplane
1407 posts

Posted by paperplane > Feb 26, 2015 9:38 AM | Report Abuse

wow, 1.33?? Privatise 1.65 coming??


paperplane
1407 posts

Posted by paperplane > Feb 27, 2015 6:26 PM | Report Abuse

Thriw 1.24 somenone purpose ly push back 1.29.let see next week i push it


paperplane
1407 posts

Posted by paperplane > Mar 18, 2015 10:53 AM | Report Abuse

keep quiet on GO........shhhhhhhhh


logitrader
3923 posts

Posted by logitrader > Mar 30, 2015 5:37 PM | Report Abuse

http://www.klse.my/financial/quarterResult/YoY/quarter/5886/31-Jan-2015.jsp


paperplane2
3279 posts

Posted by paperplane2 > Jun 9, 2015 8:15 AM | Report Abuse

sleeeeeeeeping


paperplane2
3279 posts

Posted by paperplane2 > Jul 10, 2015 2:02 PM | Report Abuse

seems like GO quiet down. HIGH NTA stock, low value now! 1.60 Min in future. Export also.


$$$< GOODLUCK >$$$
530 posts

Posted by $$$< GOODLUCK >$$$ > Jul 17, 2015 9:59 PM | Report Abuse

3% dividend last 21/7/2015


Nieto Juciouswitch
26 posts

Posted by Nieto Juciouswitch > Dec 18, 2015 5:46 PM | Report Abuse

Revenue,Net Profit increase


permastan
68 posts

Posted by permastan > Jan 24, 2016 6:32 PM | Report Abuse

Sleeping share with passive poor director


Hunter K
39 posts

Posted by Hunter K > Mar 3, 2016 11:34 AM | Report Abuse

i met the director on last year AGM. this company is very china man family business. they are not intent to goreng the share price but they will make sure declare dividend yearly. its suitable hod for long term


Piggy
7 posts

Posted by Piggy > Mar 28, 2016 10:28 PM | Report Abuse

why suddenly the volume increase so much? Normally the volume is very very low


tonylim
4781 posts

Posted by tonylim > Mar 28, 2016 10:29 PM | Report Abuse

How the volume today


tonylim
4781 posts

Posted by tonylim > Mar 28, 2016 11:13 PM | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5034185


logitrader
3923 posts

Posted by logitrader > Mar 31, 2016 4:42 PM | Report Abuse

http://www.klse.my/financial/quarterResult/QoQ/quarter/5886/31-Jan-2016.jsp

http://www.klse.my/financial/quarterResult/YoY/quarter/5886/31-Jan-2016.jsp


tbchua
21 posts

Posted by tbchua > Apr 26, 2017 11:14 PM | Report Abuse

finally wake up


YAPSS
148 posts

Posted by YAPSS > Apr 30, 2019 7:19 PM | Report Abuse

Day 58 of Fundamental Daily, YAPSS will be covering Mintye Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #MintyeBerhad

Click the on the link to find out more: https://youtu.be/2vXEEhYZm2k


maizack
6 posts

Posted by maizack > Jul 26, 2019 12:05 AM | Report Abuse

what happen to this counter? share price is uprising 24 sen to rm 1.00 today from 76 sen (10/07/2019).


cefiro22
290 posts

Posted by cefiro22 > Aug 19, 2019 11:09 PM | Report Abuse

finally...this is what has happened>>
https://www.thesundaily.my/business/mintye-controlling-shareholder-to-privatise-company-through-selective-capital-reduction-repayment-of-rm1-30-apiece-HJ1281889

is 1.30 a fair price.?


rookie125
2 posts

Posted by rookie125 > Aug 20, 2019 1:09 PM | Report Abuse

Not even close. NTA is around $1.80 per share based on the latest financial. The owner can easily pay upward of $1.50 and it is still a highway robbery. A lot lands are valued at cost so the real NTA is probably higher than $1.80.


dompeilee
5811 posts

Posted by dompeilee > Aug 20, 2019 5:08 PM | Report Abuse

After 66 months as a Mintye shareholder, I have to wait for the privatisation to complete because my cost is 11,622.83 for 9,000 shares or else I will incur a realised loss.

On the other hand, I have received over $1,100 in dividends.


dompeilee
5811 posts

Posted by dompeilee > Aug 20, 2019 5:10 PM | Report Abuse

Hopefully they will raise the SCR to 1.50...confirm many ppl will accept & they can take private more easily & quickly.


rookie125
2 posts

Posted by rookie125 > Aug 21, 2019 6:32 PM | Report Abuse

I doubt Yatee & Sons will want to raise the price voluntarily unless they know they won't get 75% consents. Like any good business man, they will not want to pay more than they need. The good news is that Yatee & Sons will not be allow to vote on this SCR. It will be up to the rest of shareholders.


dompeilee
5811 posts

Posted by dompeilee > Aug 23, 2019 4:52 PM | Report Abuse

Need 2 vote as well? Any option to accept before EGM? Had bad experience from MAA when price plunge when SCR was rejected.

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