Highlights
KLSE: MI (5286)       MI TECHNOVATION BERHAD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
2.74   +0.06 (2.24%)  2.68 - 2.76  1,391,200
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening 28/05/2018 - -
Closing - - -
Price
Issue Price 1.42 - -
Par Value 0.000 - -
Units 500,000,000 - -
No of Shares
Public Issue 134,428,000 - -
Offer for Sale 18,521,000 - -
Private Placement 110,449,000 - -
Time Table
Allotment Date 18/06/2018 - -
Listing Date 20/06/2018 - -
Issuing House MIH - 590 - -
ISIN Code MYL5286OO009 - -
Prospectus:
INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF Mi EQUIPMENT HOLDINGS BERHAD ("Mi EQUIPMENT HOLDINGS") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 134,428,000 NEW ORDINARY SHARES IN Mi EQUIPMENT HOLDINGS ("SHARES") ("ISSUE SHARES") IN THE FOLLOWING MANNER: 25,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; 17,500,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE PERSONS (AS DEFINED IN THE PROSPECTUS); 60,449,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS; 31,479,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("MITI"); AND (II) OFFER FOR SALE OF 18,521,000 EXISTING SHARES ("OFFER SHARES") BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MITI, AT AN IPO PRICE OF RM1.42 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION.
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  5 people like this.
 
PHconman the new company will only see revenue most probably next year 4th qty.
29/10/2018 15:43
shareinvestor88 Sell now will drop below 2
29/10/2018 17:34
calvintaneng M1 is another pump and dump trap for sorchai

M1 now stands for

M as in machine gun
1 as in sorchai no. 1

So M1 is like a machine gun firing at the number one Sorchai

RUNNNNNNNNNN NOW!!!
30/10/2018 09:37
wjboyz Drop more.. Rm2 then I'll buy
30/10/2018 12:07
ANALyst calvintaneng famous holland buy call

1. binapuri
2. UEMS
3. BJCORP
4. Dutaland
5. TA
30/10/2018 16:19
calvintaneng Heheheh

See these

Tmakmur
Super Enterprize
THESTORE
WANGZNG
KULIM
WEIDA

HOHOHO!
30/10/2018 16:41
aaabbbccc tmr 2.4 to 2.5..
30/10/2018 19:16
invest200 kia su kia, please go the respective forum to promote your counter
31/10/2018 12:28
ilovekari so quiet? no running already?
05/11/2018 15:27
wjboyz Why drop
05/11/2018 16:19
James Yeo https://klse.i3investor.com/blogs/small_cap_asia/168050.jsp
10/11/2018 00:05
EatCoconutCanWin revenue drop
14/11/2018 17:09
Aizai eat coconut, tomorrow can gap up boh?
14/11/2018 17:54
Des07 Made 2.8 sen in the quarter and declare 2 sen dividend.. Look like the co very confident with the business prospect and cashflow.
14/11/2018 18:57
EatCoconutCanWin eat coconut first then can up .hahaha
14/11/2018 19:00
shareinvestor88 Sell TP 1.00
14/11/2018 21:26
shareinvestor88 lower revenue lower profit. time to sell
14/11/2018 23:36
rylyaoming Tomorrow rise
15/11/2018 00:18
miketyu the debts are in USD. USD strengthening. Means have to service more loan. Sell. TP 1.90
15/11/2018 09:07
popo92 are you crazy? the debts are only translated to rm7million. and they got 213million cash on hand.
15/11/2018 09:39
Aries Good stock close eyes and keep la. Next quarter sell couple more machines will do. Can't expect every quarter result is linearly in uptrend.
15/11/2018 09:54
pingdan Hello where is tp1.90? Why keep moving up.. :)
15/11/2018 10:39
lsj89 if they can predict everything, do u think they still "blow water" here, They would be now high tea with Warren Buffett now
19/11/2018 16:19
Shines 2morrow can get cheaper still
20/11/2018 21:23
Patrick TheBull This is a very interesting counter. A very good prospect, and rapid expansion counter. Technical wise, this counter had triggered my buy call signal as it:
i) does not fall below the key fibo level (38.2%) during the whole black October
ii) rebounded after tested the uptrend line today
Tomorrow might be a triangle breakout for MI Equipment, provided US market is good tonight. Immediate Resistance: 2.6/2.65
As long as this counter breakout tomorrow, I'm anticipating this counter can hit 4 ringgit before 1H2019. Good luck.

Disclaimer: Buy at your own risk, Do homework before you buy in. This company is worth investing. Have Fun and Good Luck!
21/11/2018 22:51
shareinvestor88 why interesting ? sell TP 1
21/11/2018 23:18
apolloang no see already,but if below 2.00 let me know....hehe
23/11/2018 12:21
TrideMarkets Will it bounce 2.31 ? https://www.tradingview.com/chart/5286/jqkLdHVt-MI-Testing-Strong-Support/
23/11/2018 14:17
dreamscape1 anyone receive EGM invitation? MI is proposing for share buy-back..
30/11/2018 08:42
chiepin1 Will rebound soon.
10/12/2018 22:10
chiepin1 Time to collect
10/12/2018 22:10
apolloang when gonna come to IPO price? hehe
12/12/2018 11:01
Thelastone Bear is leaving!Bull is coming loh!
12/12/2018 16:51
god2077 dividend!
21/12/2018 12:03
Andy Chan 29-Nov-2018 DIVIDEND Second interim dividend RM 0.02 now1.42-.005=1.37 only
24/12/2018 11:31
*Sincere_Analyst*(The Best Analyst) ask you guys to run >2.70 no one listen. now burn hand, really serve you right. hahaha
26/12/2018 09:37
apolloang Posted by apolloang > Sep 20, 2018 12:24 PM | Report Abuse X

sold all of my mi these few days.....hahaha.gonna change to buy other cheap stocks.mi is too high at the moment

Posted by apolloang > Sep 20, 2018 12:26 PM | Report Abuse X

make more than 250% in 3 months.....kaya liao....hahaha

Posted by apolloang > Sep 20, 2018 03:50 PM | Report Abuse X

bubble burst? game over? 2.50 kambing? hahaha

make so much and go buy another condo to rent out already.....hahaha
30/12/2018 15:46
apolloang now only 2.16,i sold 3++….laughing all the way to the bank.already warned people against chasing
30/12/2018 15:48
Nicholasming91 If go back 1.8 and break.. consider can in alrdy
30/12/2018 19:14
Cheok Yong Hua Y suddently up so much? Any good news?
31/12/2018 10:50
kalteh That was window dressing
14/01/2019 11:51
neverlose after window dressing back to normal?
18/01/2019 17:40
Andy Chan cow cow coming
19/02/2019 10:45
yorkyork mi good inari good. inari good mi good.
19/02/2019 12:55
yorkyork the chain connect pg tech all together.
19/02/2019 12:55
bylkw2 nice qr result incoming
19/02/2019 15:16
dreamscape1 walao eh still going up eh.. what happen oh ?
19/02/2019 16:29
Andy Chan big cow,big bull
19/02/2019 17:30
shareinvestor88 SELL TP 1.50
19/02/2019 21:40
Thelastone Buy.Target price rm3.00
20/02/2019 11:35


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