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Overview
Financial Highlight
Headlines
Business Background Marine & General Bhd is a Malaysian based investment holding company, involved in the upstream and downstream marine logistics business. It is engaged in providing offshore marine support services to oil and gas companies and tolled highway concessionaire. The company operates in Marine Logistics – Upstream and Marine Logistics – Downstream segments. It also offers downstream marine logistics services tankers to oil and gas companies and trading houses in the South East Asian region.
  $$$ ^v^ GOODLUCK ^v^ $$$ Buy now at 0.055 cents if people buy 0.06 cents you need to chase 0.065 cents. Dont wait people chase. you can see easy to shot up 0.10 cents in a few second, if volume come.. 18/04/2020 2:50 PM $$$ ^v^ GOODLUCK ^v^ $$$ Buy now at 0.055 cents if people buy 0.06 cents you need to chase 0.065 cents. Dont wait people chase. you can see easy to shot up 0.10 cents in a few second, if volume come.. 18/04/2020 2:50 PM $$$ ^v^ GOODLUCK ^v^ $$$ This is a rocket stock. you can see low volume sell Q at 0.06 cents to 0.08 cents.. 18/04/2020 2:54 PM  Karlos This seems to be the only O&G player that is very quite today. The rest attract a lot of attention. 18/05/2020 4:17 PM $$$ ^v^ GOODLUCK ^v^ $$$ My buy call 0.055 cents now today shoot up 0.07 cents many of you are now laughing to the bank but tomorrow more to come Target can easy reach 0.10 cents 18/05/2020 9:54 PM Albukhary This will be the next ICON, once the debt restructure completed, M&G share price will be above 10sen.. My personal target is 15sen, if the O&G trend is coming. 21/05/2020 12:03 AM $$$ ^v^ GOODLUCK ^v^ $$$ buy call 0.07 cents will up soon before it is too late to chase. 11/06/2020 6:07 AM $$$ ^v^ GOODLUCK ^v^ $$$ Don't look down M&G, M&G have reach 0.83 cents in Dec 2014 before. Lets us target frist 0.07 to cents to 0.14 cents. 21/06/2020 2:51 PM $$$ ^v^ GOODLUCK ^v^ $$$ now cannot buy 0.07 cents anymore, it is very solid I see many people buying 0.075 cents, soon 0.075 will sold out and next will play 0.08 cents soon. just hold on of this stock , sure will fly soon. 04/07/2020 12:03 AM $$$ ^v^ GOODLUCK ^v^ $$$ No more people throw 0.075 cents, Now play 0.08 cents, this GEM sure will fly. 10/07/2020 9:21 PM $$$ ^v^ GOODLUCK ^v^ $$$ today up 0.015 cents 25% up . Its going uptrend, if break 0.09 cents will fly to 0.25 cents. 11/08/2020 10:19 PM Karlos Oil price experiencing strong rally. About time for M&G to move up after a long hibernation. Time to wake up!!! 11/08/2020 11:17 PM Albukhary Bank are willing to convert its outstanding debt to RM0.10 per share. Why you are not willing to invest RM0,075 per share? Do you think bank is stupid? As a 20 years investor and businessman, let me share my opinion to you. For investor to invest in penny stock, the most worries thing is the company went into bankrupt, that mean your share will be totally gone. 2nd, we worry it will call for right issue; 3rd we worry it will propose consolidation of share. For M&G, first we no need to worries it will went into bankrupt, why? Because bank is her creditor, if bank know this company will bankrupt soon, do you think bank willing to convert its debt become share in this going to bankrupt company? Second, right issue. Once its has completed its debt restructuring plan, M&G will have no problem to meet its monthly debt obligation, so no need to call for right issue. Since the fleet utilisation is still consider low (around 70%), very unlikely it will call for right issue for business expansion. Third, as bank will become its biggest shareholder, I believe bank will not agreed to any proposal to consolidate the share, because share consolidation will always harm its existing shareholder, especially for the bank who subscribe the share based on RM0.10, which is almost 25% above its current market price. So, I oredi put my money into your pocket, it is up to you to decide whether you want to keep it, spend it or ignore it. 11/08/2020 11:34 PM Albukhary I heard there is a big group of investor who previous invested a lot at AIRASIA, decided to move their fund to penny O&G counter, as there need a fast way to recover their lost in AIRASIA before the year end. Based on their study, O&G could be the sector that have the most potential, as the demand for O&G has recover. For China, the demand for O&G has back to the normal level before Covid, so they foresee same recovery will apply to other countries as well. So now is the right timing to accummulated O&G stock. M&G, being one of the cheapest O&G player, has the most potential to gain a lot in term of %, reason being:- 1) It is dirty cheap (7sen), easily can gain 100% or 200%. 2) Its debt restructuring scheme has completed, meaning it wont facing any debt problem / default loan in next 3-5 years. 3) All this while its loss making is due to high interest. After this debt restructuring, it will save a huge portion on interest expenses. 4) Bank agreed to converted RM150mil of loan into share @ RM0.10 per share. Mean, now bank are their shareholder, and bank is paying RM0.10, while you can get RM0.07. Please imagine, you are running a company, and your company borrow RM1 mil term loan from Bank. Now, you have no enough money to pay loan, instead of bank sue you or force sell your property, bank offer to convert the loan become share. Mean, bank will become your shareholder, your term loan will convert become paid up capital. Mean, you no need to payback to the bank anymore. 23/08/2020 7:58 PM Albukhary Just buy & hold... This is very safe stock, I will never sell any single lot before it reach minimum 15sen 26/08/2020 3:51 PM $$$ ^v^ GOODLUCK ^v^ $$$ engine start i am still keeping 400,000 units cost price 0.065 cents. 26/08/2020 11:44 PM Albukhary @GOODLUCK, congratulation. I will push it higher to help you gain at least 200%. 27/08/2020 3:06 AM  | |
