What is cooking ? Why the sudden surge ? Anybody ? Can Buy ?

Drop like a rock ! hahaha !

Funny, why nobody buy at RM2.62 and sell at offer price of RM3.10 ? Unless nobady expect the offer will be successful ?

CanOne MGO to buy Kian Joo at RM3.10 per share.
Yeoh got reprimanded and fined RM455,000 for exceeding 33% without MGO

MSWG won't go because AGM held in JB. Maybe they purposely do that to stop minority shareholders from attending AGM and ask questions. Concern shareholders should make a trip there to protect your interest instead of being taken for a fool. Chin Teck Plantations majority shareholders also Singaporean but every year they hold AGM in KL. Very professional !

The management are having a good time enjoying all the benefits giving the minority with crumbs. If don’t have big plan investing then should have better dividend instead of leaving big cash reserves in Co for years !

Have a feeling somebody is trying to suppress the price with an unfriendly agenda ! Watch out, folks ! Must attend the coming AGM to question the management !

Diamond7, dream on !

They hold AGM at JB. Who would attend ? I attended once and all those present are mostly their own people, hardly any other shareholders. So there are hardly any "check and balance" or any questioning.

All Minority should be united and try to keep the share price at its true/intrinsic value to prevent Majority from buying it cheap. Recent market trend seems like price is being suppressed, someone always sell at lower price. At this price level, the Majority can privatise and pocket the Co. for free. So, royal Minority with low holding cost should buy up all the "cheap shares" sold purposely.
Minority Unite ! Otherwise, "buy low and sell high" no longer hold true. "Long term investment" is just a joke.

Read the Edge today. It talks about privatisation. Looks like undervalue shares are subject to fear of privatisation at cheap price to fatten the Majority shareholders. K Seng look like one, keep cash in Co. without rewarding minority s/holders in dividend. Very unethical Board of Directors. Problem of family owned Co., they treat it as their own with no regard to Minority. Something must be done to prevent this fat cats from helping themselves.

its deeply undervalued, why nobody interested ?

Why the price drop so much ? Its a healthy co. And undervalued !

What can be done to stop this ?

Bursa allows this trick to bullying minority shareholders ?

management conservative, with cash reserve, long term buy

hopeless management. No direction and not focus.

major shareholders go for privatisation ?

somebody try to suppress the share price. keep selling at lower price ?