MMAG HOLDINGS BERHAD

KLSE (MYR): MMAG (0034)

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Last Price

0.345

Today's Change

+0.005 (1.47%)

Day's Change

0.34 - 0.35

Trading Volume

6,079,800


17 people like this.

11,335 comment(s). Last comment by cK1973 6 hours ago

horck

153 posts

Posted by horck > 2015-09-09 22:31 | Report Abuse

Ingenuity Consolidated sees 3.04% stake traded off-market

By Chen Shaua Fui / theedgemarkets.com   | September 8, 2015 : 7:41 PM MYT   

Translated by Google Translator: 

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KUALA LUMPUR (Sept 8): Ingenuity Consolidated Bhd ( Valuation: 0.90, Fundamental: 0.95) saw a block of 29 million of its shares traded off-market today, representing a 3.04% stake in the company.

The block of shares was traded at 10 sen per share, amounting to RM2.9 million.

The company is involved in information and communication technology (ICT) hardware distribution and system integration and services.

Ingenuity Consolidated traded unchanged at 6 sen for a market capitalisation of RM57.20 million.

In its latest quarter, the company saw its net loss widen to RM2.81 million from RM2.44 million on the back of declined revenue of RM49.01 million from RM93.58 million.

Posted by wateveritis > 2015-09-10 10:04 | Report Abuse

is this block sale got to do with the private placement?

Corinna

18 posts

Posted by Corinna > 2015-09-10 10:39 | Report Abuse

ozzie75 & horck, thank you for the quick response. From my own opinion, this is a counter I can keep for long term. An investor would not be so stupid to buy at a price much higher than the market price if he does not trust the people running the Co.

horck

153 posts

Posted by horck > 2015-09-10 11:00 | Report Abuse

The quention is who bought that share ?

Corinna

18 posts

Posted by Corinna > 2015-09-10 11:04 | Report Abuse

Might be someone from the new management.

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-10 14:57 | Report Abuse

may be jeff chong pinya sister

horck

153 posts

Posted by horck > 2015-09-10 15:36 | Report Abuse

Any side can check the statud of new share holder. 3.04% is not small amount....should report intobursa malaysia

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-10 16:25 | Report Abuse

back door investor, belakang mali...

horck

153 posts

Posted by horck > 2015-09-12 19:59 | Report Abuse

For this case, need sabar....only sabar people will succeed and profit until end day

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-12 20:34 | Report Abuse

horck, not applicable to all...mine investments in `asia media' from 9 cents -> 2 cents, `saag' from 37 cents -> masuk longkang. why ? becoz. of sabar... but hope ingenuity 2 black horse wong eng su & jeff chong can workout something not to disappoint us. i'll keep on sabar...

talkloud

58 posts

Posted by talkloud > 2015-09-12 21:43 | Report Abuse

worthwhile to collect at 0.06..Hope my sabar will pay off

horck

153 posts

Posted by horck > 2015-09-12 21:44 | Report Abuse

Play stock market is like invest or business into one business. Now we are business into ICT aand internet business....only different is now we business into bursa malaysia stock company with appoint other people to do business. When company profit, we can sell the stock at bursa malaysia at open market....now the most important is the business....

horck

153 posts

Posted by horck > 2015-09-12 21:56 | Report Abuse

I trust ingenco because ingenco have variaty of business....brand selling, tranportation web pages service, internet service, hardware service.....
compare to other companyl like utopia, ingenco more better....
only before is management matters .....nos new manageemnt with experience, i believe it can change from loss to profit....only need is timing

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-12 23:38 | Report Abuse

horck, greatly impressed. thanks...

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-12 23:47 | Report Abuse

horck, 90% of share market small investors in china `jatuh longkang' because of `tan ku ku' / `wait long long'. play save, gor for `CHINA50 C7, C8 & C9' cipat masuk, cipat keluar, cipat kaya...

horck

153 posts

Posted by horck > 2015-09-13 21:06 | Report Abuse

China 50 and others not suitable me...all is warrant or call warants....
I want is business....indirect invovle into business that i cannot involve directly.....

Shacks

1,542 posts

Posted by Shacks > 2015-09-14 09:50 | Report Abuse

Morning guys, Ingenco today top volume. Whats' brewing?

horck

153 posts

Posted by horck > 2015-09-14 09:56 | Report Abuse

Santa clause is coming

talkloud

58 posts

Posted by talkloud > 2015-09-14 10:45 | Report Abuse

Thought of collect more @ 0.065

cyrix8

648 posts

Posted by cyrix8 > 2015-09-14 11:32 | Report Abuse

any buyer ?

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-09-14 12:25 | Report Abuse

later najib will make announcement about stabiliz the Malaysian economy, will foreign investor will believe?

Shacks

1,542 posts

Posted by Shacks > 2015-09-14 13:14 | Report Abuse

0.065 is over. Best price to collect now is 0.007.

talkloud

58 posts

Posted by talkloud > 2015-09-14 14:05 | Report Abuse

tan kuku.....hope to get 0.065

Ameera

2,921 posts

Posted by Ameera > 2015-09-14 17:02 | Report Abuse

Walloee.... Tot today can't close at 0.075 leh... Back to square .....

Shacks

1,542 posts

Posted by Shacks > 2015-09-14 17:39 | Report Abuse

I follow tan kuku q at 0.065...

horck

153 posts

Posted by horck > 2015-09-14 20:24 | Report Abuse

Sabar...

rsimmy67

98 posts

Posted by rsimmy67 > 2015-09-15 08:45 | Report Abuse

wah many sellers at 0.075

cyrix8

648 posts

Posted by cyrix8 > 2015-09-15 08:56 | Report Abuse

wonder who they are

richman

10,110 posts

Posted by richman > 2015-09-15 09:11 | Report Abuse

the warrants is at its lows go for it

richman

10,110 posts

Posted by richman > 2015-09-15 09:12 | Report Abuse

got mine at 1.5cts now waiting

richman

10,110 posts

Posted by richman > 2015-09-15 09:21 | Report Abuse

get the warrants at 1.5cts

richman

10,110 posts

Posted by richman > 2015-09-15 09:35 | Report Abuse

very strong buying should break 7.5cts

richman

10,110 posts

Posted by richman > 2015-09-15 09:35 | Report Abuse

warrants is your best bet for a fat gain

richman

10,110 posts

Posted by richman > 2015-09-15 09:43 | Report Abuse

look at volume but are they collecting or distributing

richman

10,110 posts

Posted by richman > 2015-09-15 09:54 | Report Abuse

top volume and look at the mega volume and less than an hour

richman

10,110 posts

Posted by richman > 2015-09-15 09:55 | Report Abuse

selling stake through the market

afata08

651 posts

Posted by afata08 > 2015-09-15 10:01 | Report Abuse

What factor it good collect now?..or it just goreng2 only

fl888

7,629 posts

Posted by fl888 > 2015-09-15 10:07 | Report Abuse

Must be in big trouble like Mobif if u remember,,,,...delisted

tarita

1,140 posts

Posted by tarita > 2015-09-15 10:09 | Report Abuse

this 1... tms ingenco takaso bkoon utopia... all this cant shoot. just beware the price movement.

Beza

1,847 posts

Posted by Beza > 2015-09-15 10:10 | Report Abuse

200亿到底是多少?20,000,000,000。有人说是杯水车薪,200亿如何救1.5兆的股市?一天马股总成交值在一、两亿间,200亿政府自己玩也可以玩百多、两百天吧。
外资用182亿令吉,把klci指数从1400点推高到1880点。那么现在200亿令吉,按照数学逻辑,应该可以把klci推高到2000点吧,

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-15 10:11 | Report Abuse

macam kambing diikat bawah pokok, sini pusing sana pusing...apa macam ?

elp25

260 posts

Posted by elp25 > 2015-09-15 10:24 | Report Abuse

" On behalf of Ingenuity, TA Securities wishes to announce that Bursa Securities has granted the Company a further extension of time of six (6) months from 19 March 2015 until 18 September 2015 to complete the implementation of the Private Placement. " high volume because of the private placement due soon?

AMOEBA

470 posts

Posted by AMOEBA > 2015-09-15 10:26 | Report Abuse

expected

richkid

8,140 posts

Posted by richkid > 2015-09-15 10:28 | Report Abuse

Goreng and trap newbies.... :(

elp25

260 posts

Posted by elp25 > 2015-09-15 10:29 | Report Abuse

" On behalf of Ingenuity, TA Securities wishes to announce that the Board has on 5 February 2015 (“Price-fixing Date”) fixed the issue price for the placement of 80,000,000 Placement Shares at RM0.10 per Placement Share (“Issue Price”). " Private placement 0.10 per share?? i try to dig out from old announcement, can shed some light on this?

richman

10,110 posts

Posted by richman > 2015-09-15 10:50 | Report Abuse

might just push up the shares to ensure the PP is taken up

talkloud

58 posts

Posted by talkloud > 2015-09-15 11:08 | Report Abuse

now still at the airport,still waiting for signal to take off.

lolly88

19 posts

Posted by lolly88 > 2015-09-15 11:11 | Report Abuse

elp25 " On behalf of Ingenuity, TA Securities wishes to announce that Bursa Securities has granted the Company a further extension of time of six (6) months from 19 March 2015 until 18 September 2015 to complete the implementation of the Private Placement. " high volume because of the private placement due soon?

Hi Elp25, I am still new, do mind to explain it in a layman term ? thanks

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