2022-05-30 19:30 | Report Abuse
With 300mil cash in the bank, earning interest merely 3mil. Exactly like China counter with huge cash pile but need to take additional 50mil loan. Something to think about.
2021-07-02 18:20 | Report Abuse
No dividend will be declared as per the quarterly report and annual report. No one asked during AGM also.
2020-12-08 10:30 | Report Abuse
Unfortunately, this pandemic does let you strike a lottery in your life. However, with your ulterior motive behind.
2020-12-08 09:54 | Report Abuse
Not likely will privatize from my point of view.
1) Capex need for Indonesia
2) Controlling party are holding lesser than 50%, and the volume traded is also lesser than 200k per day. (No risk of hostile takeover)
3) Low ROE (<3% per year)
4) High NTA but not generating high return (CEO big salary to themselves)
2020-10-19 16:19 | Report Abuse
please vote against for share consolidation and right issue with warrant. NETX is the good example.
2020-10-19 15:47 | Report Abuse
I foresee the major shareholder might initiate a selective capital repayment at RM2.00+, then they no need to loan from bank and privatise the company.
2020-08-24 16:42 | Report Abuse
Fickle asked to buy means sell. Don't follow this stupid.
2020-08-17 09:49 | Report Abuse
KYY has more fear than us. The one who is writing and asking investors not to fear. Why fear came to his mind when he is confidence with it? 勇者无惧, if he stop writing this kind of article for gloves counters, then I believe the market will re-act better.
2020-08-09 09:59 | Report Abuse
The writer don't know what is going on to the world.
2020-08-05 16:11 | Report Abuse
another textile company venture into manufacture masks and distribution?
2020-06-30 10:35 | Report Abuse
The management decided to wait until the last day only disclose who's the 30th Largest shareholders. I believe EPF is still holding as Dissenting Holder. They will make the compulsory takeover failed. Buy more to hold an unlisted company now.
2020-06-24 17:43 | Report Abuse
Am still waiting for their annual report 2019 to show who haven't sell during RM2.33.
2020-06-24 17:42 | Report Abuse
Accordingly, the Notice to Dissenting Holders will be dispatched to the Dissenting Holders within 1 month from 5 June 2020, being the date of receipt of the Valid Acceptances resulting in the Joint Offerors and person(s) acting in concert with the Joint Offerors to collectively holding not less than nine-tenths (9/10) in the value of all the Yee Lee Shares.
What if the dissenting holders are some fund managers ? They have bigger bargainning power.
2020-06-19 08:42 | Report Abuse
They need money for capex which indicates in the offer letter. Likely they will re-list in either Singapore in the near future. One of the fund know about it and did not sell even offer them 2.33 in the 1st privatization.
2020-05-29 15:21 | Report Abuse
SC should not approve their extention of offer because they have reach 90% and they keep given the same excuse for public shareholding spread (intentionally cheating).
2020-05-28 19:18 | Report Abuse
He had sold all because even he cannot believe the price so keep go up like rocket.
2020-05-27 17:44 | Report Abuse
They won't success with 99% because the mutual fund are holding tight. If the mutual fund want to accept the offer, they already accept last round when 2.33 given to them. However, now I don't see they will sell at this lelong price. I will hold until the last day of the offer and let the offerors die on heart attack due to the balance of 1% don't sell to them.
2020-05-19 09:33 | Report Abuse
They are too late to join the covid-19 bullish sentiment. If they announced it just 3weeks before, it could be different story today. This can be seen from the inefficiency in management to tackle the market at the final phase of the run.
2020-04-27 20:42 | Report Abuse
Still got many innocent one bought from WH. He sold 8m shares at good price.
2020-04-27 09:37 | Report Abuse
WH sell again at 11.5, don't rush in.
2020-04-17 16:38 | Report Abuse
The CEO will be received ESOS 50mil shares at 10.5sen. Having said that he will only exercise it when the share price is above 11sen because this accountant is short-sighted and want to have fast money.
2020-04-16 13:05 | Report Abuse
Why you worry when the director is selling off his stake? He is just an accountant but with CEO title. He is selling off his stake is because he feel that he cannot manage this company with plenty of medical terms. He got no business acumen and just a normal trader who trade this company unethically. So just resign as CEO and go away. I bet you are serving huge interest losses and if you still have not clear all pledged shares. Please dispose it all by all means.
2020-04-08 11:17 | Report Abuse
don't be silly, the employees are disposing at 2sen. If u buy at 2sen will make losses.
2020-04-07 12:00 | Report Abuse
ESOS is make losses for the employees at this price. Please don't push the share price as this will not benefit the shareholders.
2020-03-30 16:04 | Report Abuse
Pingpong is wrong word to describe. Is called "Magic" without notify SC.
OngKawKaw Mlab. Fintec & Netx left hand to right hand. Directors playing pingpong.
30/03/2020 11:56 AM
2020-03-23 09:33 | Report Abuse
Smart investor no more article.
2020-03-11 09:20 | Report Abuse
KYY always asked to have open mind to read his articles. However, he is disable his articles for us to comment. Typically 'hypocrite'.
2019-12-30 09:50 | Report Abuse
the game is over.
2019-12-07 22:24 | Report Abuse
Proton no longer their client. Please refer to their website and also during the DRBHicom AGM.
2019-12-05 10:38 | Report Abuse
Tienwah's cash is diminishing due to expansion in Indonesia/Dubai. I believe will have another round of right issues before the contract expire with BAT. Mark my word.
2019-12-03 15:44 | Report Abuse
not sure why in 2019 still talking about bonus issue.
2019-11-23 14:55 | Report Abuse
Definitely poor QR result with RM1.236 cash per shares, put in FD @4% could be better return than their result. RM1.236 X 4% = ~5sen or 1.25 sen per quarter.
2019-11-22 18:43 | Report Abuse
poor quarterly result as expected from the share price chart
2019-11-13 16:54 | Report Abuse
@Titan, since they owned close to 50%, they may use their cash to just give selective capital repayment exercise at RM2.00 and privatise without costs to them. They not even want to buy from EPF at current price, do you think they will privatise above this price? Share-buy-back of 10mil shares is only cost them RM20mil from their coffer, but with net cash alone of RM1.50 per share or RM300mil in the financial statement cannot afford to utilize RM20mil? The management is purposely want this situation to be persist and privitize below RM2 and benefit themselves.
2019-11-13 16:45 | Report Abuse
@Nepo Other investment - most likely is unit trust in licensed institution.
2019-11-04 09:52 | Report Abuse
Dear Nepo, you're right. We don't know the bottom and since EPF is still aggresively disposing (might be due to some insider news). We should not just focus on NTA which currently trading 1/3 of NTA. There are ample of valuable counters to be invested based on NTA. Only until the management starts to look into the value in APM and start buying, we better stay away to protect our cash holding.
2019-11-01 18:02 | Report Abuse
Dear Titan, precisely if we have 300M, will definitely want to make this move to privatise this company. Just wonder why the one who owned more than 50% did not make any move to convince us there is valuable assets backing.
2019-11-01 15:46 | Report Abuse
Dear Titan, good analysis. But, why the management don't know about it? Based on suntze's comment, I believe one thing is the local spare parts manufacturer not competitive enough. After Proton change the supply chain. Who will follow them? Not MBMR ?
2019-10-29 15:40 | Report Abuse
Compared to the counters in the similar industry such as PECCA & NHFATT. Both are doing very well especially PECCA from 70 odd sen to now 1.20+. For new car usually it require new car seats and also new parts from APM. The reason for PECCA is upward but APM is southward is very easy to understand. PECCA's directors are confidence in their own shares, they are acquiring more and more from 70sen to now. However, APM's directors are the other way. From RM6+ until today RM2+, they (except for Tan Heng Chew) never buy a single share. How can they give confidence to us when they themselves are reluctant to hold ?
2019-10-18 14:41 | Report Abuse
be careful, he is reading all the heartsick/condemn/curse comments in i3 feed himself.
2019-10-16 16:30 | Report Abuse
As quoted from SuperInvestor: Only stupid idiots who know what is a down trending chart to hold/buy their shares.
2019-10-16 16:26 | Report Abuse
My rule for selling
My rule for selling Dayang or any share is that I will only sell as soon as I see the company is reporting less or reduced profit. If the company can continue to report increasing profit which is the most powerful catalyst for moving share price, I will not sell. If the company can continue to report increasing profit, I am not afraid to buy. Since the value of my holdings have gone up, I will have additional margin facilities to buy some more Dayang on Monday.
It is so foolish to sell Dayang when it can continue to report increasing profit, especially when the price chart is extremely bullish. People can lie but chart cannot lie. Only stupid idiots who know what is an up trending chart to sell their shares.
2019-10-16 15:00 | Report Abuse
Margin call will be when Dayang share price drops more than 10%.
2019-09-30 16:48 | Report Abuse
don't buy down trend shares. It will take decades to recoup your cost.
2019-07-17 10:40 | Report Abuse
Those he wanted to promote, will usually drop but if he cursed will up.
Jaks from 40+ to now 80+ still saying property unsold is worrying, loan interest is scary.
This is just his impression on the management, and also prove that no one is always win.
His impression / judgment is just give us a guideline as whether this is good / not good to buy.
2019-07-15 09:22 | Report Abuse
He will never learn from his mistakes.
2019-07-15 09:21 | Report Abuse
He always play this trick as cunning old man. He don't want to buy too expensive because he had loss too much in JAKS (which he admitted he bought too much and at high price). PCCS though is up trending stock, he scare he will loss money again hence he purposely attend the talk and give "wrong impression" to the invitees and then wrote "revenue fear" at i3 as he wants to accumulate more before the second spike. This cunning old man as usual and never change. Those share if he buy/sell quietly then only let ppl know his result is so great. But those he loss excessively, he will just tell after "force selling"
2019-07-03 19:05 | Report Abuse
Annoucement made 89.85% as of 5pm 3 July.
2019-07-03 13:20 | Report Abuse
once reach 90% is compulsory acquisition
Stock: [MLAB]: MLABS SYSTEMS BHD
2022-10-30 09:17 | Report Abuse
An useless loss making company get director fees up to RM 600k?
To approve the payment of Directors' fees of up to RM600,000.00 from 29 November 2022 until the next Annual General Meeting of the Company.