FINTEC (Share issued 08/07/2020 = 1,070,673,355) invested in the following companies as at 08/07/2020

1. Focus Dynamics 517,199.792 shares and market price at RM1.00 = RM 517,199,792-00
2. Seacera 92,273,000 shares and market price at RM0.255 = RM 23,529,615-00
3. Netx 264,457,713 shares and market price at RM0.01 = RM 2,644,577-00
4. Mlab 75,100,000 shares and market price at RM0.04 = RM 3,004,000-00
5. DGB Asia 55,700,000 shares and market price at RM0.035 = RM 1,949,500-00
6. AT System 421,600,000 shares and market price at RM0.095 = RM 40,052,000-00
7. Vsolar 61,491,700 shares and market price at RM0.065 = RM 39,969,605-00
8. Komarkcorp 40,880,000 shares and market price at RM0.48 = RM 19,622,400-00

total valuation for all companies are RM 607,919,489-00 less borrowing estimated as RM20 Mil.
=RM 587,919,489-00.

FINTEC valuation per share is RM 0.568

Accumulation at RM0.08 and refuse to let the price drop further, after all accumulation is done, it will push up the price soon.

This stock is cornered and Investor 9999, i agreed with you.

FINTEC
As at 31/3/2015 NTA was RM0.0742 and closing price was RM0.100 per shares
As at 31/3/2016 NTA was RM0.0461 and closing price was RM0.045 per shares
As at 31/3/2017 NTA was RM0.0476 and closing price was RM0.055 per shares
As at 31/3/2018 NTA was RM0.3525 and closing price was RM0.105 per shares
As at 31/3/2019 NTA was RM0.2467 and closing price was RM0.055 per shares
As at 31/3/2020 NTA was RM0.5131 and closing price was RM0.080 per shares

This stock is going to trend higher from now on, and no turning back.

Operators are trading and buying for 1000 shares to 2000 shares to see is there are any investors are selling in big lots. They are testing the market for further push to higher price. This stock is going to trend higher from now on, and no turning back.

The party just started and it is uptrending, keep it and you will enjoy the ride.

Fintec will break RM0.095 soon

on 1/7 price traded at RM0.065 to RM0.075, 213+ milion shares changed hand.
on 2/7 price traded at RM0.007 to RM0.075, 32.5+ milion shares changed hand.
and today on 3/7 price traded at RM0.007 to RM0.075, 74.6+ milion shares changed hand and 61.6 million shares traded at RM0.075 per share.
Look like operators are moving this share to the higher price very soon.
Just 3 days almost 310 +million shares traded.
Who is Buying or who is moving the price higher?

WOW 60+ million shares changing hand at RM0.075 per shares les than 30 minutes, Who is Buying?

Look like operators are painting the chart at RM0.075

and also distribution and selling more shares at RM 0.075

now buying bigger lots like 3000 share, 5000shares and very big lots 500000 shares

normal investors are not going to buy in this way lah, it is only operators are testing the market

operators are buying small lots 1000shares to 2000shares, next week going to go higher

operators aqueing at RM0.07 with big volume 34+ million shares now

Why share price is trading at RM0.07 per share and buying higher now, it must be operators are collecting and going to push higher in the coming week.

Reaccumulation at RM0.14 and RM0.145

Looks like this share is going to uptrend very soon

ASIA POLY HOLDINGS BERHAD (“ASIA POLY” or “the Company”)
ACQUISITION OF SHARES IN DOLPHIN INTERNATIONAL BERHAD
(Announcement pursuant to Rule 10.06 of the ACE Market Listing Requirements)
The Board of Directors of Asia Poly wishes to announce that the Company has acquired
quoted securities of Dolphin International Berhad (“Dolphin”) on 3 January 2020 at the
purchase consideration of RM5,920,236.33 via off market (hereinafter referred to as the
“Acquisition”).
for 26,862,000 shares = RM 0.2205 per share

https://klse.i3investor.com/blogs/InvesthorsHammer/222738.jsp

Just turn up bull, why sell

If you are long term investor, you have to look at this,

MAAG, based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”). 

What I expect some more dividend coming until 2020

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, MAAG shall be proposing dividend for financial year ended 31/12/2019 is 3 sen (less 9 sen already declared in 2018 and July 2019). 

Based on the Proposal on note b, 
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 14.71 sens. (RM40,250,000 divide by 273,517,752 shares). 

Based on the Proposal on note d, 
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 10.23 sens. (RM28,000,000 divide by 273,517,752 shares). 

The above assumption is based on the Management cannot identify any new businesses to invest .

Will it break RM1.00 today?

What is your Capital at Risk if you invest in MAAG (17/06/2019) today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILIZATION OF PROCEEDS FROM THE DISPOSAL OF MAS TAKAFUL BERHAD (“PROPOSAL”). 

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date. 
The current Paid-Up Capital of MAAG is 273,517,752 shares. 
If current share price for MAAG is RM 0.945 per share as at 17/06/2019, 

Based on PROPOSAL and I am taking 5 items in the Proposal to do a simple calculation on how risky to invest in MAAG now. 

Based on the Proposal on note f, 
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be canceled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be canceled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares. The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c,d and g. 

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen less 3 sen was paid in 25th April 2018 and balance of 9 sen in 2019. 

Based on the Proposal on note b, 
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares). 

Based on the Proposal on note d, 
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 11.27 sens. (RM28,000,000 divide by 248,517,752 shares). 

Based on the Proposal on note c, 
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares). 

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now. 
IF Share price RM 0.945 and (less balance of dividend left for 2 years is RM 0.09 (on note g) less dividend (on note b) is RM 0.162 less dividend (on note d) is RM 0.1127 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.7419), therefore your Capital at Risk is only RM 0.2031 per share. 

Calculation for future NTA 
Current NTA as at 31/03/2019 was RM1.96. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.7419. The Future NTA shall be RM 0.8181. The above assumption is The Management cannot identify any new businesses to invest . 

Calculation for Cash in hand as at 30/06/2019 
Based on 31/03/2019 account with cash balance RM256.84 Mil and plus retantion to be collected on 30/06/2019 is RM93.75 Mil from Zurich. This company is very rich in cash of RM 350.59 Mil. which work out of RM1.2817 per share based on 273,517,752 shares. 

Calculation for valuation of all other businesses in MAA Group is only RM 0.2031 
All other businesses in the MAA Group is value or worth RM 0.2031 per share. THAT IS WHY I CALLED MAA is still a lelong stock.

Soon will go higher , even above RM1.10+++

Also no big selling transactions, will see price moving in only one direction, up,up,up.....

No big volume transaction in MAA, easy to push up the price, and value investors see value in the company, buy the shares and keep for dividend. See what will happen after 30/6/2019. Expecting price will be more volatile after 30/6/2019.

This stock is very volatile lately due to it's fundamental deep value with Cash in hand RM1.31 per share. Now more investors are accumulating MAA.

Yes, vote against SCR

If SCR is successfully blocked by the Minority group and subsequent delisting of MAA after 31/10/2019. 
, The management has to fulfill the announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”). 

Based on PROPOSAL and I am taking 5 items in the Proposal to do a simple calculation on how risky to invest in MAAG now. 

Based on the Proposal on note b, 
To simplify the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 14.5 sens round up figure (RM40,250,000 divide by 273,517,752 shares). 

Based on the Proposal on note c, 
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 34.25 sens round up figure. (RM93,750,000 divide by 273,517,752 shares). 

Based on the Proposal on note d, 
To simplify the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 10.23 sens round up figure. (RM28,000,000 divide by 273,517,752 shares). 

Based on the Proposal on note f, 
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2019 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be cancelled after share buy-back. So 2019 , the Paid-up Capital shall be 261,017,752 shares. In 2020 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be cancelled after share buy-back. So 2019 , the Paid-up Capital shall be remain as 273,517,752 shares for simple calculation. 
The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c,d and g. 

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, my assumption is MAAG will be proposing dividend for 2018 is 3 sen less 3 sen was paid in 25th April 2018 and balance is only 9 sens for 2019. 


So, to sum up, future dividends shall be on note (b) is RM 0.145 and noted (c) is RM 0.3425 and note (d) is RM 0.1023 and note (g) is RM 0.09 equal total dividends shall be receive for next 2 to 3 years is RM 0.6798 per share. 
Summary on dividends : 2019 RM 0.09 , 2020 RM 0.2473 , 2021 RM 0.3425

Calculation for future NTA 
Current NTA as at 31/12/2018 was RM1.94. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 3 years, I will discount NTA by 30sens until 2021 and Less dividend for RM 0.6798. The Future NTA shall be RM 0.9602. 

The above assumption is The Management cannot identify any new businesses to invest and delisting of MAA after 30/10/2019.

MAA CASH at 31/12/2018 in the account RM251,133,000-00 and Trade and Other Receivable RM103,366,000-00 = RM 354,499,000-00 = RM1.26 per share. All other MAA assets is free.
SCR at RM1.10 per share. What a stupid offer and the Management has no Business sense to accept the offer price.
When a company goes for IPO , the company is asking for high PE or above NTA on the account. But when they want to take private, the company is offering the stupid price like RM1.10 per share.

Repost.

Why major shareholder wants to take MAA private, because MAA has so much Cash in the bank. It is also minority shareholders money, so if you want to protect your investment in MAA, you has to vote against SCR on Wednesday EGM.

This round, short term traders, bought after the announcement of SCR, they are going to disappointed. A strong minority group going to vote against SCR.

All minorities shareholders in this group, show your power and don't let the major shareholders bully us, so Wednesday morning, vote against SCR in full force.

I am not worry about MAA share price drop due to new investors bought above RM 1++, they will not sell low. I am sure SCR will not approve and my group will vote against SCR. Fear also created by Major Shareholders of delist the company and share price will drop to the previous level. I am long term investor and will sleep with the Management until full value is created, then i will sell.

MAA GROUP BERHAD (“MAAG” OR “COMPANY”)
PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”) - This announcement is dated 3 April 2018.

On point (g)
(g) The Company had utilised RM8.21 million for the payment of dividends for the FYE 2017. The Board intends to utilise approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively.

i will vote against the SCR . i will wait for the company declare the dividend that the company promised on the above announcement is dated 3 April 2018.

This chat place is help to support the group, if you have no good things to say. Best keep silent.

MAA CASH at 31/12/2018 in the account RM251,133,000-00 and Trade and Other Receivable RM103,366,000-00 = RM 354,499,000-00 = RM1.26 per share. All other MAA assets is free.
SCR at RM1.10 per share. What a stupid offer and the Management has no Business sense to accept the offer price.
When a company goes for IPO , the company is asking for high PE or above NTA on the account. But when they want to take private, the company is offering the stupid price like RM1.10 per share.

Look at current buy orders, I think some new investors just bought at average RM1.00 and hopefully to sell at RM1.10 waiting for the SCR to go through. The Melewar management has not buying extra shares yet. Until to date still no big volume except only 1 day.

Ya lah, i aslo email him, am still waiting for Markus

Hi Markus, I am with you too

any additonal update on:
@theong = 500000
@markus & partner = 1290000
@balvin = 1223800 ?
@navinshah = 1292000 ?
@jamesooi & friends = 5510000

BALVIN 71 we not sell at RM1.10 per share and me and all my friends in KL and some friends from outstation together own 5.26 mill shares and we decided to wait for better price

Lack of trading volume, price move up so much, now operators are in to munipulate MAA. Good news is coming and will goes higher from now.

Lack of trading volume, price is easily munipulated by operators

Just RE POST From last year before 31/12/2018

What is your Capital at Risk if you invest in MAAG (14/02/2019) today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILIZATION OF PROCEEDS FROM THE DISPOSAL OF MAS TAKAFUL BERHAD (“PROPOSAL”). 

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date. 
The current Paid-Up Capital of MAAG is 273,517,752 shares. 
If current share price for MAAG is RM 0.525 per share as at 14/02/2019, 

Based on PROPOSAL and I am taking 5 items in the Proposal to do a simple calculation on how risky to invest in MAAG now. 

Based on the Proposal on note f, 
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be canceled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be canceled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares. The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c,d and g. 

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen less 3 sen was paid in 25th April 2018 and balance is only 3 sen for 2018 and 2019 is 6 sen. 

Based on the Proposal on note b, 
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares). 

Based on the Proposal on note d, 
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 11.27 sens. (RM28,000,000 divide by 248,517,752 shares). 

Based on the Proposal on note c, 
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares). 

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now. 
IF Share price RM 0.525 and (less balance of dividend left for 2 years is RM 0.09 (on note g) less dividend (on note b) is RM 0.162 less dividend (on note d) is RM 0.1127 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.7419), therefore your Capital at Risk is only RM – 0.2169 per share. 

It is Risk FREE !!!!

Calculation for future NTA 
Current NTA as at 30/09/2018 was RM1.93. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.7419. The Future NTA shall be RM 0.7881. The above assumption is The Management cannot identify any new businesses to invest . 

IN DECEMBER 2018, MAA sold his Australian company Columbus Capital ……...

The risk of capital is Zero, if you buy low and at current price of RM0.525 per share today on 14/02/2019, not to mention that the management has just sold Columbus CapitaL in December 2018 for A$ 21 Million at RM3.00 for A$1.00, = RM63,000,000-00. and cash per share is RM0.23.

Based on 30/9/2018 account with cash balance RM142.667 Mil and plus once the money collected from Columbus Capital RM58,000,000 less retention sum RM 5 Mil = 200.667 Mil and plus retantion of RM93.75 Mil from Zurich and RM5 Mil from Columbus. This company is very rich in cash of RM 299.417 Mil. which work out of RM1.09 per share based on 273,517,752 shares. 

All other businesses are FREE in the Group. THAT IS WHY I CALLED MAA is a lelong stock.

It is pity MAA looks like there is no operator goreng this stock. Very low volume.

Low volume but the uptrend, very easy for operator to play this counter.

Low volume but the uptrend from now. No news is good news for dividend.

Since December 8, 2018 the MAA price moving up from low of RM 0.40 to RM 0.54 per share yesterday . MAA share traded was 1,666,000 from 1st December until January 10, 2019. Not much for accumulation for this counter.