MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.13

Today's Change

-0.005 (3.70%)

Day's Change

0.125 - 0.135

Trading Volume

3,841,500


7 people like this.

13,211 comment(s). Last comment by whistlebower99 5 hours ago

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-19 15:09 | Report Abuse

All the best, all the mlab share holders :-)

Kuikui

65 posts

Posted by Kuikui > 2018-09-21 20:54 | Report Abuse

......

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-22 00:18 | Report Abuse

Whoever attending the AGM pls question the director's worth to the company ya thanks

Kuikui

65 posts

Posted by Kuikui > 2018-09-23 00:35 | Report Abuse

I try to study 2018 annual report... But I'm not smart enough to understand the financial statements. Noticed that many warrant A are not yet exercised. And yet many warrant B. All matured in 2020.

Kuikui

65 posts

Posted by Kuikui > 2018-09-23 00:57 | Report Abuse

Anyone can comment about the news on August 2017 that mlab get 10million usd contract.

TheContrarian

9,090 posts

Posted by TheContrarian > 2018-09-23 15:15 | Report Abuse

Warrant A is the old warrant. Warrant B was issued last year, given free with the rights issue, one free Warrant B for every rights share subscribed at 15 sen.

Kuikui

65 posts

Posted by Kuikui > 2018-09-23 15:48 | Report Abuse

The 10million usd contract will effect QR ended March 2018.but until June 2018 company still loss. The money already considered in past 2 QR?

TheContrarian

9,090 posts

Posted by TheContrarian > 2018-09-23 16:17 | Report Abuse

The USD10 million contract has been transferred to a newly formed joint-venture company with Red Dragon Media Ltd.

Kuikui

65 posts

Posted by Kuikui > 2018-09-23 16:21 | Report Abuse

Then will it effect the QR? And how we know the joint venture gain or loss?

Kuikui

65 posts

Posted by Kuikui > 2018-09-23 19:01 | Report Abuse

Anyone confident it will rebound to 0.09 end of this year?

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-23 21:14 | Report Abuse

Notconfused Depends on the QR result kuikui...mlab has never made losses 4 QRs in a row.. so there's a 50/50 chance that you may see green in the upcoming QR....

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-23 21:16 | Report Abuse

THat said I will definitely sell if it touches 0.09... happy to lose 0.02

Kuikui

65 posts

Posted by Kuikui > 2018-09-23 21:42 | Report Abuse

Esos 0.734... So I think cannot reach 0.09.if 0.09 many want to sell

TheContrarian

9,090 posts

Posted by TheContrarian > 2018-09-24 10:29 | Report Abuse

Bought at 0.045.

NoEmo

1,167 posts

Posted by NoEmo > 2018-09-24 20:06 | Report Abuse

mlab is a gone case. RM7M cash reserve is used to buy a condo unit measured 224sm instead of expanding its core business.

8251313

106 posts

Posted by 8251313 > 2018-09-24 20:28 | Report Abuse

Someone report to SC PLEASE. FUND RAISE NOT FOR BUSINESS PURPOSE.BUYING FROM WHO?

Kuikui

65 posts

Posted by Kuikui > 2018-09-24 21:20 | Report Abuse

@NoEmo where u get this INFO? CONDO?

Kuikui

65 posts

Posted by Kuikui > 2018-09-24 21:30 | Report Abuse

Yup. I saw that news.

Depeche

4,451 posts

Posted by Depeche > 2018-09-24 21:57 | Report Abuse

Hope investors here will finally wake up....investing 7m to generate 5k rental monthly? Is this what the company specialises in? I thought the Chatuchak deal was small time, this is shocking.

Kuikui

65 posts

Posted by Kuikui > 2018-09-24 22:02 | Report Abuse

Yes. Most important is boost the revenue. Buy condo to get rental..... Sound weird for a technology company.

Kuikui

65 posts

Posted by Kuikui > 2018-09-24 22:25 | Report Abuse

If got new contracts that is nice.....

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-24 23:25 | Report Abuse

First if it's kind laugh die people

Kuikui

65 posts

Posted by Kuikui > 2018-09-24 23:31 | Report Abuse

Good news is hv money to buy asset, bad news is share price drop so much

Depeche

4,451 posts

Posted by Depeche > 2018-09-24 23:46 | Report Abuse

How did it get listed in the 1st place? Funny

shpg22

2,984 posts

Posted by shpg22 > 2018-09-25 09:50 | Report Abuse

Bunch of jokers

Kuikui

65 posts

Posted by Kuikui > 2018-09-25 11:52 | Report Abuse

Waiting mlab up..... Notice many shares up many times......

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-25 14:07 | Report Abuse

mati pucuk d...

BangBangUp

194 posts

Posted by BangBangUp > 2018-09-27 13:25 | Report Abuse

Anyone attended the AGM? Anything interesting?

Kuikui

65 posts

Posted by Kuikui > 2018-09-27 15:08 | Report Abuse

Normally AGM pun no good news

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-27 17:58 | Report Abuse

potential good news - we have managed to rent the condo, ROI in 50 years

Kuikui

65 posts

Posted by Kuikui > 2018-09-27 23:26 | Report Abuse

Please give the real good news la......

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-28 11:19 | Report Abuse

windows dressing today

azta12

5,594 posts

Posted by azta12 > 2018-09-28 11:50 | Report Abuse

testing power

golshan

11 posts

Posted by golshan > 2018-09-28 11:56 | Report Abuse

no power.... one man show !!!

djibaok

1,181 posts

Posted by djibaok > 2018-09-28 12:04 | Report Abuse

what a show LOL

azta12

5,594 posts

Posted by azta12 > 2018-09-28 12:36 | Report Abuse

bata power.

Posted by UntrustedLove > 2018-09-28 15:37 | Report Abuse

today sure closed 0.055 or 0.06

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-28 16:24 | Report Abuse

^ i highly doubt it, 7 mil has gone into buying a condo

Posted by UntrustedLove > 2018-09-28 16:30 | Report Abuse

window dressing...

Kuikui

65 posts

Posted by Kuikui > 2018-09-29 13:53 | Report Abuse

One thing interesting.... Why nta can change from negative to 0.02 and to 21sen. the changes is huge.

Notconfused

1,523 posts

Posted by Notconfused > 2018-09-29 14:33 | Report Abuse

Could it be a mistake? Did anyone here attend the agm?

nobbies

1 posts

Posted by nobbies > 2018-09-29 14:36 | Report Abuse

Kuikui : typo error. They have already rectify the mistake

Kuikui

65 posts

Posted by Kuikui > 2018-09-29 16:03 | Report Abuse

Really? I check fr bursa saham malaysia website is 21 cen..... So is a error?

Kuikui

65 posts

Posted by Kuikui > 2018-09-29 16:07 | Report Abuse

If is a error. Should inform all shares holders.

Bhappy

3 posts

Posted by Bhappy > 2018-09-29 21:55 | Report Abuse

Get ready everybody....Cheers

Kuikui

65 posts

Posted by Kuikui > 2018-09-29 23:22 | Report Abuse

@Bhappy cheers for what?

Daily8

3,858 posts

Posted by Daily8 > 2018-09-30 19:47 | Report Abuse

The following is a summary of the significant corporate developments during the financial year under review.
On 28 November 2017 the Company announced that Gold Dragon Media Sdn. Bhd., a wholly-owned subsidiary of Multimedia Research lab Sdn. Bhd., which in turn is a wholly-owned subsidiary of the Company has on 28 November 2017 entered into a Heads of Agreement (“HoA”) setting out indicative terms with Beijing Mediaskin Development Private limited Company ("Mediaskin") to introduce the use of transparent high resolution leD screens as curtain wall on buildings, glass elevators, store fronts and other indoor and outdoor structures in Malaysia and South east Asian countries.
On 13 October 2017 the Company entered into a Collaboration Agreement (“Agreement”) with Malaysia University of Science and Technology (“MUST”) to cooperate, undertake projects and set up an international next generation information technology (“IT”) lab with MUST.
On 3 October 2017 the Company announced that Multimedia Research lab Sdn. Bhd., the wholly-owned subsidiary of the Company had entered into Collaboration Agreement with Onliner Co. ltd. and Payallz Sdn. Bhd to collaborate in the following areas:
(i) to provide financial technology that provides mobile payment, e-wallet and loyalty program together with online shopping solutions to shoppers at Chatuchak market in Bangkok;
(ii) to develop indoor mapping technology to allow shoppers to locate and navigate Chatuchak market through the use of smartphones with WiFi signals; and
(iii) to manage the day-to-day operations of the project, its WiFi and e-commerce services and facilities

Notconfused

1,523 posts

Posted by Notconfused > 2018-10-02 14:17 | Report Abuse

yet another day in paradise...

Posted by crash8593970308 > 2018-10-02 20:35 | Report Abuse

another conman counter just like geshen , you buy you die. buy today drop like crazy for 2 , 3 years , after you sell it shoot up like rocket. waste a few millions here ,spent a few mil there after no more cash share price drop to 3 cent.

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