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

3,366,400


7 people like this.

13,211 comment(s). Last comment by whistlebower99 1 hour ago

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-02 00:22 | Report Abuse

I think if momentum resumes, it can go to 8 sen. 5 sen is now support level. 6 sen is the resistance level. Presently it is consolidating between 5 and 6 sen on lower volume.

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-02 00:32 | Report Abuse

8 sen I still hv to hold...

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-02 01:21 | Report Abuse

I know many people are stuck at high price but I cannot understand why people never average down by buying at 4 sen. It will be extremely hard to go to 10 sen unless KLSE suddenly turns very bullish. For people who wants to know how the rights monies were spent, go to MLab's website for their product, a MULTIPOINT video conferencing application.

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-02 13:42 | Report Abuse

Bro kun has bought in a lot of his retirement fund, the more he averages the more he gets stuck?

lextcs

1,961 posts

Posted by lextcs > 2019-05-02 13:43 | Report Abuse

same gang as netx, lambo, mtouche, focus, dll…. operator only wants to sell down...

ivan9511

3,854 posts

Posted by ivan9511 > 2019-05-02 13:53 | Report Abuse

Netx, Fintec, Nice, AT and
Mlab they should share same price or I wish they can join in one like
Avengers then can even Netx also can up to 1 ringgit ?

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-02 19:23 | Report Abuse

I buy a lot , so need a lot to average down, so decide just hold it because afraid of stuck here.

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-03 11:01 | Report Abuse

So what?

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-03 12:17 | Report Abuse

Again zz_zzzzzzzzzz

safewinner

746 posts

Posted by safewinner > 2019-05-03 12:21 | Report Abuse

Bounced cheque drop back to 4cent

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-09 13:21 | Report Abuse

hello world, wakey wakey

Steven8882

284 posts

Posted by Steven8882 > 2019-05-09 20:50 | Report Abuse

Notconfused... Any good sign?

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-10 10:42 | Report Abuse

Hi Steven, it has been tingtong between 0.04 - 0,06 for nearly 2 years now, if 0.065 broken then only we will see some positive signs, I think...

lextcs

1,961 posts

Posted by lextcs > 2019-05-16 15:55 | Report Abuse

left pass to right then right pass back to left...soh chin aun pass to santok singh the pass back to arumugam

shout

18 posts

Posted by shout > 2019-05-16 16:31 | Report Abuse

when to end like this...eeeerrrr

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-16 16:56 | Report Abuse

Arumugam long time dead already.

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-17 15:22 | Report Abuse

shhhhhhh

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-23 17:40 | Report Abuse

qr is due to be announced soon? I bet it is going to be another red, making it the world record of 7 QRs in a row?

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-29 23:35 | Report Abuse

So, coming QR good or bad?

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-30 00:28 | Report Abuse

Coming QR insufficient income, probably small loss again.

baluchi

4 posts

Posted by baluchi > 2019-05-30 09:29 | Report Abuse

Thecontrarian: from your experience, how if change counter? Tired already with mlab...

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-30 10:04 | Report Abuse

MLab current price too low to switch to other counters. This counter can easily push up when they want to do so.

shout

18 posts

Posted by shout > 2019-05-30 12:12 | Report Abuse

The Board of Directors has approved the change of financial year end of the Company from 31 March to 30 June. The next audited financial statements of the Company shall be for a period of fifteen (15) months from 1 April 2018 to 30 June 2019 and thereafter, the financial year end shall be 30 June for each subsequent year.

The purpose for the change of financial year end is for the Company to capture the impact of the launch of the Let's Talk App in June 2019.

L1988

60 posts

Posted by L1988 > 2019-05-31 17:33 | Report Abuse

2.2m loss....

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-31 17:40 | Report Abuse

MLab announced acquisition. Wonder how the market will react to it next Monday.

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-05-31 17:47 | Report Abuse

iSaham Fair Value: -0.05 =)

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-31 22:04 | Report Abuse

Can anyone explain about acquisition plese

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-31 22:17 | Report Abuse

Why continuous loss still acquisition????

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-31 22:21 | Report Abuse

Pengsan

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-05-31 22:28 | Report Abuse

The money raised from the rights is been slowly used for various acquisitions. So far, the acquisitions are start-ups, so little revenue.

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-31 22:32 | Report Abuse

So is long way to go for those bought the right

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-31 22:36 | Report Abuse

After the right, mlabs bought condominium if not mistaken, and now acquisition for what?

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-31 22:48 | Report Abuse

Facepalm...I dare the BOD to resign for good

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-05-31 23:13 | Report Abuse

Pls don't BE AAX VERSION, after six year, no dividen, hv right issue and now FROM RM1. XX TORM0. 22

kun1971kun

1,211 posts

Posted by kun1971kun > 2019-06-01 10:44 | Report Abuse

Every time QR announced will make me down for a few days. These happened since July 2017.when will these end..... I really need a SIFU.... I don't want to scold it as con caunter because I bought it because of IT NTA is RM0.20,and I consider it is undervalue. I just want to get out of these, and hope it don't take too long, I already wait 2 year n suffer 2 years....

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-06-01 13:44 | Report Abuse

Dear kun1971kun, you made a bad judgement buying MLab at high price. Now it's too low to sell. This Company has cash and business, it's not a PN17 company, so there's chance to recover your investment either all or substantially. At the moment the stockmarket is bearish, so don't think or worry too much of this counter. If you have some spare money to invest, look for other opportunities. There are plenty now.

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-06-01 13:47 | Report Abuse

One day there will an IT theme play just like O&G and Construction theme plays recently. MLab will benefit from an IT theme play.

KKLing

123 posts

Posted by KKLing > 2019-06-01 14:03 | Report Abuse

I'm also holding Mlab almost 2 years, just have to wait patiently

Notconfused

1,523 posts

Posted by Notconfused > 2019-06-01 22:54 | Report Abuse

I have been holding over 2 years already, tired of cursing heheheh

Steven8882

284 posts

Posted by Steven8882 > 2019-06-04 08:39 | Report Abuse

Cheap, can accumulate

Posted by Kasiuntung11 > 2019-06-07 22:13 | Report Abuse

https://klse.i3investor.com/m/stock/overview/0020.jsp

Netx to fly next week

Posted by Kasiuntung11 > 2019-06-11 16:02 | Report Abuse

https://klse.i3investor.com/m/stock/overview/0020.jsp

Netx to fly.cheap company growth stock

YAPSS

216 posts

Posted by YAPSS > 2019-06-22 16:58 | Report Abuse

Hey! Today, R-Table will be covering MLabs Systems Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.

Link: https://youtu.be/1q1v7Sxs50o
#YAPSS #RTable #MLabsSystemsBerhad #CashRichSeries

Notconfused

1,523 posts

Posted by Notconfused > 2019-06-25 22:55 | Report Abuse

Lol

meysu

11 posts

Posted by meysu > 2019-07-01 10:41 | Report Abuse

Contrarian: are you still holding mlab? Tired already and really test our patience....

Steven8882

284 posts

Posted by Steven8882 > 2019-07-01 12:54 | Report Abuse

sure one day we will get rewards

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-07-01 14:10 | Report Abuse

Last time sold at 6 sen to reduce my holding a couple of months ago. Haven't bought back when price reversed. Still have balance of 440K.

meysu

11 posts

Posted by meysu > 2019-07-01 16:09 | Report Abuse

Very lucky those who brave enough sold mlab @0.040 and bought knm @0.080 few months ago. Things that we can't foreseen and expect.

safewinner

746 posts

Posted by safewinner > 2019-07-01 16:58 | Report Abuse

low vol good sign below 4 cent BUY another KNM

TheContrarian

9,088 posts

Posted by TheContrarian > 2019-07-01 17:46 | Report Abuse

Switching counters could turn out to be better or worse.

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