I agree wth pharker, spent share holder money, after all he ve 36% only
Talking about dividend , d company may not pay u 6 cents every yr, dont dream
Another reason , company may buy over value assets, maybe pay extra 30% , who know??

Im not asking u to sell or buy, im just telling u this counter is bearish, formation double top

In d market u dont call him bad or good guy, trade smart protect ur profit, d chart show bearish

coming down also bullish, going up also bullish
what u guy talking about.
this stock is bearish, it may come to 0.55

malaysia didnt ve warren buffett, malaysia ve MO1
bye bye stock

buy over value assets

buy over value assets

good new become bad new

Dont get con by those keep on buying

No one can guarantee ,
Buy n sell at ur own risk
Used ur brain if u can

Those buy cheap will encourage u to buy now
Last n last never buy for div.

Never buy this stock at 1.20
If u buy for div now , after x u will lost more than 0.35

Those very bullish because they buy very low price
Maybe 0.6- 0.8
So at 1.20 never never buy unless u want to be conned by them

U guys believe it go up then go n buy more
For those didnt ve , my advise dont buy at alll
Dont get con, by conman
Haha

Moneycash,
If become billionaire this counter never go into pn17.

Maa , melewar , mycron are manage by d same people, same boss.
Look at d financial results for d past 10 yrs?
Then u can see who is right.
When u buy shares dont buy on d high side, if u buy at d high u get burn
I think maa at this price is high


Melewar prices
2007 at 1.70 come down to 0.40 on 2009
2011 at 1.10 come down to 0.20 on2015
NOW 0.33
So what d big deal balvin?

Mycron prices
2007 at 1.00 come down to 0.35 on 2009
2011 at 0.80 come down to 0.23 on 2015
NOW 0.42
So how many people buy at 0.25???so... balvin
What d big deal 0.23 go up to 0.42

MAA prices
2007 at 2.50 come down to 0.50 on 2009
2011 at 1.40 come down to 0.45 on 2013/2014
NOW 1.24
How high it go??never buy on high side
I think at this price is high

Well i ve given u d historical price for this 3 counters
having d same people manage d company, i will never buy
Please dont influenced people to buy,

look at d management , melewar n mycron, d company is doing badly manage buy d same people in maa
hope u know what i mean

i think most of u ve taken d spec div $1, $3 after x become $2
what happen now $1.
i told many of my friends dont buy this shares before d div.
dont get con

dont get con by them

forget about 35cents div

cheeyee
at this price , i think is a bit high
i will never buy at this price

Maybe MAA need people like u to work for them,
can employ u as, purchasing director

moneycashrich,
You are not anxious/worry because you dont understand the issues involved in PURCHASING OVERVALUED ASSETS, If ur teacher cant teach you, please go and ask your father tonight.
Simple teory cant understand for an investor.
Maybe MAA need people like to to work for them.
employ u as purchasing Director

rohank71, ve u attend d EGM?
after sell Maa takaful, cash bal about 440 millions after spe div, d company want to use d cash bal to acquired new assets /business then. Duit sudah beli assets sudah habis belanja, mana lagi ada DUIT
they say hopefully by next yr come out of pn17

when they finish d cash to buy new business, who is d DONKEY want to GO/buy this company again.
pl dont DREAM .

i dont name d counters but we ve taken profit

1st counter ave buy 0.70 we sold for 1.83, today 1.60
2nd counter ave buy 1.20 , we sold 2.10, today 0.97
3rd counter ave buy 1.70 , we sold 3.10, today 1.10
lastly ave buy 2.80 , still holding , today 6.20

so invest wisely n look at d management .

i think moneycashrich cant understand overvalues assets. please check with ur teacher?

look at puncak, affer sold d assets, give spe div. 1ringgit, and then buy some assets, d shares price ve been coming down from $3.0 to $ 1.03 now
so if u buy and take d div at d time d share price is $3, how much u lose?
the goose cant lay eggs any more, u ve to lay for them, haha

look at kps, after sold d assets also, give div 0.20 cents , and buy some ROJAK assets, d shares ve been coming down from $2.40 to 0.96cent today.
So how much u make for d wrong investment?
N how many golden egg u ve to lay for them???

remember they can buy melewar or mycron also
bcause u guys give them a free hand to buy ANY ASSETS.
when money spend on new assets, how d company going to give u more??
maybe 3 yrs time Y guy ve to lays more egg for d company.

HISTORY will repeat , with d same people manage d company???

HOPE MAA can make it different.

hope maa will be different

you look back d people manage d company,

melewar industrial share price 0.345 , nta 1.34
mycron steel share price 0,475, nta 1.14

share price not reflected d nta, why?? i ve d answer, but i cant write here
this 3 company having d same owner, so think for ur self lah

u talking net cash per share 1.50 after spe div., are they going to give u???
they are going to buy overvalue assets dont need ur approval
anyway i vote NO lah

goose die already, no more golden egg.
because u guys vote yes yes yes
u give them a free hand to buy what they want, they told u buy assets no need egm,

it might come down to 0.6 cents

sell d share, long term not good

I think both of u ve misinformed about the EGM

Basically when u vote YES, u are allow them
1) to disposed Maa takaful
2) to acquired new business/assets
3) to issue right issues
4)special div 0.35cents
all this stated in d EGM circular.

If we manage to Vote against this EGM, at least we tell d board what we want, the board might call for another EGM. we can tell d board d following:
1) pay us higher div
2)dont acquired new business/assets
3)privatisation /capital repayment
then we vote FOR

so this EGM we tell them NO
this is d best interest for minority share holders

Please read EGM circular 6.2 pg15, CAPITAL INJECTION

The company might raise capital by way of right issues which is not good for minority s/holders.
so how u vote is all depend what u want, 0.35cents or later right issue

BECAUSE d company still a lot of cash

once they acquired new assets , they money already spent, for what purposed they want to general offer to u, think??
unless they dont acquired new assets, they might GO

please dont dream d board later will general offer to minority share holders
why: because u ve given them d authority to acquired new assets if u vote yes in d coming EGM

REMEMBER they can buy what they want if 1st EGM approved.
over value assets ,d share can come down to 0.60 cents.
im ind market for 22 yrs

I agree with u guys if u vote against d share will come down, but this is temporary only.

The share will go up much higher if d board call for 2nd EGM .
For this to happen we must VOTE AGAINST in d 1st EGM.

if we VOTE AGAINST, the board might call for a 2nd EGM, the offer will be better.

we must tell them this offer is not good because they used 300 millions to buy any asset
then if this happen d share will come down to 0.60 cents when they acquired new assets

At the upcoming EGM there is only 1 resolution – to approve the disposal of MAA. EGM circular to shareholders page 11 states that the special dividend is not subject to the approval of shareholders. The Proposed Special Dividend is conditional upon the completion of the Proposed Disposal but not vice versa. So if we allow them to dispose MAA Takaful then only they will pay the special dividend of 35 sen to shareholders as a sweetener. Apart from that, they can use the RM300 million from the disposal to buy any asset they wish. Something that is not in favour to minority shareholders. They may acquire overvalued assets.

When they acquire new assets the company may come out with rights issue, which we wouldn’t know. All these are disadvantages to the minority shareholders. We need to raise these concerns as the EGM. The future plan of the company is very uncertain.

I am voting against the EGM because of the above reasons. If the vote at the EGM is against the proposal, maybe the Board will have to come out with a better proposal than this. They may call a 2nd EGM.

The company may issue rights issue when they purchase new assets. Noone will know unless we ask.

We can't ask the company to delist from Bursa. But we can ask the major shareholders to take the company private or by capital repayment. Then only it can be delisted from Bursa.

The best option for minority shareholders is to ask the company to be taken private and not to buy new assets. For this to happen, we all have to VOTE AGAINST at the EGM.

Are the major shareholders allowed to vote??

Hope you guys will ask and understand before voting at the EGM.

Hope someone can raise up the following issues at the EGM:

1. If the proposal is approved, will the company issue new rights issue?
2. We are concerned that they may not have the expertise to run the new businesses
3. By acquiring new assets, are they confident that the authorities will approve it (come out from PN17)?
4. To increase the amount of special dividend to 60 sen instead of 35 sen.
5. If they are unable to acquire any assets within 2 years, will the company be privatized or by capital repayment?
6. Will there be a final dividend for this year?

Based on my opinion and experience, we should VOTE AGAINST THE EGM and tell the company not to buy new assets but instead, we ask the major shareholders to take the company private or by capital repayment at a reasonable price. The company has been in PN17 since 2011.

PLEASE VOTE NO AT THE EGM!