Bought KPS@ 86 sen.

Yes, merely made from the 3 sen dividend.

MGO at a low offer price just to take the offerors over the 50% line.

@Johnzhang, I ditched completely all my OSK shares at 90.5 sen on 11/6 and looking to redeploy the proceeds elsewhere ....... maybe MAA, ;-)

I think at the AGM/EGM in June 2020 (I am no longer shareholder by then) a 6% dividend was approved by the shareholders, to be paid within 24 months. Already 12 months have lapsed. MAA has more than enough excess cash to pay out the 6% dividend but the BOD are deliberately delaying it.

@investorbat, instead of another SCR, the controlling shareholders might attempt a MGO instead like what Tony Tiah did at TA Enterprise. But they are in no hurry. SCR is difficult to succeed because of strong opposition from the minorities (30% voted NO in the last SCR).

MGO creeping rules not allowing controlling shareholders to increase their shareholdings by more than 2% within 6 months period restrict the share buybacks. A breach of this 2% rule would trigger a MGO which the controlling shareholders do not want.

@Johnzhang, you can scroll up to the comments in this forum during May 2019 when the EGM was held for the proposed SCR for further details.

@Johnzhang, sometimes we get lucky with our stock picks. I held MAA for over a year, received dividends thrice (dividends were great then at 3% to 6% half yearly). Weeks before the proposed SCR, MAA shares went on a downtrend dipping to around 50 sen and I added on to lower my average cost to 60 sen. Suddenly price suddenly start to creep up but no one anticipated a takeover attempt, most of us were just accumulating for the good dividend yield and expecting bumper dividend from the balance of the sale proceeds from the disposal of the domestic insurance business to Zurich.

On the same day after the EGM (it was not suspended on the EGM day) the price of MAA crashed below 90 sen in an immediate reaction to the failed SCR.

The NTA was around RM2, I think a group of minorities comprising individuals was holding out for at least RM1.50 The offerors reacted angrily after the EGM in an outburst interview with reporters and said something like there will not be another offer ever again.

A SCR was proposed at RM1.10 when MAA was trading at around 60 sen. After announcement the following day it went limit up to 90 sen and the days after went further up to around RM1.05. However the SCR failed at the EGM when more than 10% of the minority shareholders voted NO to the offer price of RM1.10 hoping that the offerors might revise the offer upwards. The offerors reacted angrily to the failed SCR attempt. My average cost of MAA was 60 sen and I sold the off all before the EGM at RM1.04 and haven't bought back.

SSlee, follow Mikecyc buy Insas at 0.79 and then exit at 0.91 within 2 weeks.

It's not a safe bet because there's no guarantee the SCR will succeed just like what happened to MAA a few years ago because it takes only 10% of the non-interested shareholders to vote NO for the SCR to fail.

Tortoise not been fed enough kangkung.

@ Sslee, this Mikecyc is actually an intelligent investor. He quietly buys low and quietly sells near peak.

Congratulations to Mikecyc for quietly buying Insas at 79 sen and then quietly selling off at 91 sen.

Owners of 2 shares will end up with 3 shares plus 1.5 new warrants.

Feed the tortoise kangkung.

Bought at 4.5 sen today.

Export contributes much greater profit margin. Domestic selling price within Kazakhstan is set low by the Kazakhstan government.

Source is the Ministry of Energy of the Republic of Kazakhstan, haha.

Still holding.

Bought at 71 sen this morning.

Got one month automatic extension to report QR due to Covid-19.

Pensonic and Prolexus look promising.

Cepat already reported QR a few days ago.

Pensonic has smallish free float.

10.52 sen per quarter, annualised will be 42 sen.

Good QR.

Hold until KYY blogs to say Pensonic is underrated.

Bought back at 72 sen.

William Cheng?

Not yet.

Buy before the pump, sell before the dump.

Problem is WC isn't in a hurry to privatise despite owning close to 75%.

aklobi, need to diversify into other counters.

Not yet buy back.

I am back!

In December I sold off all, first round for 30% gain. Then in March I bought back @ average price of 64 sen. On Thursday I sold off half, second round for 32.5% gain.

@Sawadi, yes, if you consider one lot as 1,000 shares.

On Thursday I sold half @ 85.5 sen. Good luck to all those who bought from me.

Free float is 57,643,000 shares.

Privatisation via SCR at 90 sen.

Already sold half for 32.5% gain yesterday, still holding half.

Sold off at 89.5 sen, thank you for the 35% gain.

Still holding half.

Took profit.

Year 2000 was 21 years ago.

Should I continue to hold or sell tomorrow for over 30% gain?