if you think it is a good price than buy into Lion Ind as it holds Lion Posim and steel is on the move.

For LION IND to take Lion Posim private , more than 90% of the other share holders must agree to it. Do you think at $1.50 it is a good price to give it up or it would be Like MBF holding. NTA is about $3.20????

Thanks, TheContrarian. for the information on the free float. It means less on the market. More the reason to hold.

Lion posim has good value at the moment. only 66m of free float, Off late there is a little volume play. Lion ind. used it to back other of its company. Now cash is back but they do not want to pay out to other share holders(66m). just hold like money in the bank.

i do not think whose who are still holding the shares are weak holders. Some are just playing with it.. IT is making profit and has cash. we as a group must not let THE BIG BOSS play us for his benefit. think as a group!

for big BOSS to take it private he has to get more than 90% of the free float .
Will he get it cheap.
Lion Posim is making profit and has a lot of cash. we the other share holders must fight to prevent the boss from taking it for a song.

lion ind can not delist lion posim without 90% control of the 66m shares they do not own. They must buy more than 90% of the free float. lion ind must pay more than $1.50? for others to give. NTA is MORE than $3 ?

what can stop Melewar ind. from offering $1.11 or more for Maa. As Maa has the money to pay itself out. They buy up Melewar ind. first at 13+ and then look at maa.

it has value, just buy and go away for a holiday, it will give you the profit for the day. do not be a follower. Big funs will do the opp. so they make profits from you and let you hold the baby.

If you have the money, buy maa and put it aside, it has cash of $1.30 or so. you will not see 50 cents for some time. it is doing 80 cents or more. it will move back to $1, i think.time will tell.

It takes a year to make 2 to 4 % in bank FD, but on the stock market, people want to make 10% or more over night. Time my friends will give the returns if you pick the right stock and watch. We are not funds and therefore can not move the company. I hope MAA can give this returns.

Buy and hold. It will rebound with time, it has cash and is ok

Let us be gentlemen. Let us not become personal and hit each other. The question is, can we help each other, who as a group are major holders but as individual are very very small. How to fight for our rights and not be .pushed over

MAA has cash and SCR is trying to rob the other share holders(61.4%) of their rights to the cash. They say it is fair. Fair to whom? You have to fight for your right or they will eat you as i have said.

gepoh83, why do you think RM1.10 is a fair value when it has cash above RM 1.25??????? per share.

"Independent" Directors are there to make their pay save and sit in more companies. They will not fight for the minor shareholder who can not put them up as directors in other companies. So what is the end game?

buy into melewar which has a control of about 38 + % of MAA, because it wants to take Maa private, am i wrong?