MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.09

Trading Volume

1,213,500


7 people like this.

13,220 comment(s). Last comment by fl888 1 week ago

TheContrarian

9,215 posts

Posted by TheContrarian > 2019-10-15 19:31 | Report Abuse

Already hamtam at 3.5 sen last week.

Monkeymum

84 posts

Posted by Monkeymum > 2019-10-16 08:01 |

Post removed.Why?

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-10-16 13:06 | Report Abuse

1) Netx hold 90% of FIRST UNITED TECHNOLOGY LIMITED. Meanwhile, Netx and First United both hold Mlab.
2) TM have business with Mlab instead of Netx.
3) Steve SETan is the Executive director for Mlab and director for Netx.
4) The relationship between Netx and Mlab = like Insas and Inari.
Therefore, which 1 u prefer to buy?
The company who generate the money?
or the company who gain from the share?
hahaha...

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-10-16 13:18 | Report Abuse

27 Jun 2018 Acquired
7,000,000 NETX HOLDINGS BERHAD
27 Jun 2018 Acquired
7,000,000 FIRST UNITED TECHNOLOGY LIMITED
25 Jun 2018 Acquired
6,000,000 FIRST UNITED TECHNOLOGY LIMITED
25 Jun 2018 Acquired
6,000,000 NETX HOLDINGS BERHAD
22 Jun 2018 Acquired
3,000,000 FIRST UNITED TECHNOLOGY LIMITED
22 Jun 2018 Acquired
3,000,000 NETX HOLDINGS BERHAD
15 Sep 2017 Acquired
48,100,000 NETX HOLDINGS BERHAD
15 Sep 2017 Acquired
75,100,000 ASIABIO CAPITAL SDN. BHD./FINTEC
15 Sep 2017 Acquired
48,100,000 FIRST UNITED TECHNOLOGY LIMITED
15 Sep 2017 Acquired
75,100,000 ASIA BIOENERGY TECHNOLOGIES BERHAD/FINTEC

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-10-16 13:38 | Report Abuse

MLABS SYSTEMS BERHAD ACQUISITION OF INBASE PARTNERS LIMITED

https://www.signalhire.com/companies/inbase-partners-limited-blockchain-consulting

fosther

161 posts

Posted by fosther > 2019-10-17 11:37 | Report Abuse

Govt to set up National Digital Inclusion Council — Dr Mahathir
PUTRAJAYA (Oct 16): The Government will set up the National Digital Inclusion Council to focus on creating digital economy income opportunities for the people, said Prime Minister Tun Dr Mahathir Mohamad.
The council, to be headed by Dr Mahathir, will comprise representatives from the Ministries of Economic Affairs; Finance; Communications and Multimedia; Women, Family and Community Development; Rural Development; Housing and Local Government; and Agriculture and Agro-based Industry.
Also in the council are the Ministries of Tourism, Arts and Culture; Transport; Entrepreneur Development; Youth and Sports; Human Resources; and Federal Territories.
Speaking to reporters after chairing the 30th Multimedia Super Corridor (MSC) Malaysia Implementation Council Meeting at Perdana Putra here today, Dr Mahathir said the Government must focus on getting its execution right and achieve results in the fastest time possible.
“Ministries and agencies must collaborate and work together to ensure delivery to the rakyat. As public officers, we must play our part to earn the trust of the people,” he said.
At the press conference, Dr Mahathir recalled his good old times on MSC and felt that he was reviving something that he himself started a long time ago.
“Long time ago, we set up the MSC and we focused on new technologies. But that time there was no telefon bimbit (mobile phone) and very limited equipment.
“But after I stepped down for 15 years and I lost touch with the business, I am now introduced to new words which I don't understand,” he said, citing ‘sandbox’ as an example.
“I don't know how sandbox has got into this highly sophisticated equipment,” he said.
Since its establishment in 1996, Dr Mahathir said MSC had created 183,000 high-value jobs in almost 3,000 companies with total revenue of almost RM500 billion.
Dr Mahathir said he was proud to note that Malaysia's local tech champions were now recognised as global players and for example, Aerodyne, which specialises in artificial intelligence (AI)-driven drone-based technology, was ranked number three in the world.
Also, he said, three companies were listed in Forbes Asia’s 200 Best Under A Billion 2019.
Dr Mahathir also pointed out that Malaysia's digital creative content developers were also significant players in the world of animation and games with some internationally-recognised titles including Boboiboy, Upin & Ipin, No Straight Roads, CryptantCrab and Re:Legend.
"There is definitely merit in attracting and adopting emerging technologies, developing tech talent and facilitating digital inclusion to ensure shared prosperity," he said.
Prime Minister said the initiatives presented in today's meeting would continue to build on the Government's national aim and vision of Shared Prosperity, utilising digital technologies for the social and economic upliftment of Malaysians.
"The global testbed for AI, data analytics and augmented reality will be fuelled by a powerful talent pipeline, which draw together people, educators, industry and government to make the national goal a reality,” he said.

ivan9511

3,854 posts

Posted by ivan9511 > 2019-10-17 15:15 | Report Abuse

Ok 5sen I will sell thanks mlab for easy money.
Right now only mlab 0.035sen and sapura energy can buy
Mlab when 3.5sen I already said better than netx and fintec
Because mlab got my sifu support
For sapura and perdana and ARMADA lagi easy money
I have said on the oil forum
If oil up they will follow
Why
Bursa Malaysia is very easy to play one
No need to see qr or so call financial reports
They only work for bluechip like bank and gloves
For this kind of property oil steel or mlab is essy to play
Follow stream
Now oil last time steel and construction
You see now property down no matter super good profit like symlife ksl asiapac also no end lower
So recently I buy Armada and Uzma . I even said borrow money sell all my property I also buy
Now I earn 90% profit from them in 2 mobths only
Then I use the money buy mlab and sapura and also little bit scomi

ivan9511

3,854 posts

Posted by ivan9511 > 2019-10-17 20:41 | Report Abuse

Mlab is good from 0.035 to now is keep limit up .
All the best for those buy at 3.5sen now just wait the banker give out money and earn enough from mlab see sapura and scomi .
Other oil already too expensive now dun want chase high
If want cheap got symlife talamt ksl sapura scomi affin Tropicana.
Those got fundamental. After earn enough from mlab can put money at Affin or alliance comapny
Al the best

TheContrarian

9,215 posts

Posted by TheContrarian > 2019-10-22 10:16 | Report Abuse

Now 4.5/5 sen, don't sell at 5 sen if you can hold.

L1988

60 posts

Posted by L1988 > 2019-10-22 12:45 | Report Abuse

lmao.. suddenly feel got hope now? XD

ivan9511

3,854 posts

Posted by ivan9511 > 2019-10-22 14:43 | Report Abuse

Congratulations. Lucky I choose mlab .Because talam mlab and tiger same smae 0.035sen last time but after consider still choose Mlab
All rich now
Mlab you are the best penny now
After earn money put in spsetia and affin and alliance and Ambank for long term
Congratulations all Mlab loyal members

L1988

60 posts

Posted by L1988 > 2019-10-23 10:16 | Report Abuse

Slap in the face back to 0.04

safewinner

746 posts

Posted by safewinner > 2019-10-23 20:00 | Report Abuse

Rubbish counter stuck years,right issued 2 for 1 with 1 free warrant price 0.15
right issued money all gone,price now only 4 cent, I believed in cash flow zero debt

Davideu

1 posts

Posted by Davideu > 2019-10-24 11:16 | Report Abuse

Why share suspended tdy?

Daily8

3,858 posts

Posted by Daily8 > 2019-10-24 11:47 | Report Abuse

Where got

Daily8

3,858 posts

Posted by Daily8 > 2019-10-25 10:03 | Report Abuse

Mlab 1st resistent 5.5, followed by second resistent 6.5

Can it ever fly to last previous high of 45 cents?

Daily8

3,858 posts

Posted by Daily8 > 2019-10-25 10:04 | Report Abuse

Nett asset of 0.094 cents. Now only 0.045. Super cheap.

Daily8

3,858 posts

Posted by Daily8 > 2019-10-25 10:05 | Report Abuse

Will credit suisse buy Mlab?

tumbler

492 posts

Posted by tumbler > 2019-10-25 10:30 | Report Abuse

Dont dream about credit suisse , study the chart and monitor the volume better than guessing credit suisse.

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-10-30 16:48 | Report Abuse

be honest, i bought all stocks which related with blockchain technology...lol...

L1988

60 posts

Posted by L1988 > 2019-10-30 21:21 | Report Abuse

Lmao.. And all is going to approved rm450k director fee...

Daily8

3,858 posts

Posted by Daily8 > 2019-10-31 23:38 | Report Abuse

The Group registered a revenue of RM3.16 million for the three (3) months ended 30 June 2019 which is higher than the preceding corresponding quarter of RM0.38 million. The revenue is contributed by the sales of the “Let’sTalk” mobile application in Mlab Research.

The gross profit of RM1.19 million was offset by the marketing
expenses resulting in a loss of RM0.29 million.

Daily8

3,858 posts

Posted by Daily8 > 2019-10-31 23:39 | Report Abuse

For the financial period ended 30 June 2019 the Group recorded a revenue of RM7.79 million and gross profitof RM1.56 million. 95% of revenue are contributed by research and development segment from the sales ofmobile application. Loss of RM5.8 million attributable by the operating expenses due to the depreciation expense with the change of depreciation policy of property, plant and equipment from 10 years to 5 years and higher marketing expenses.

Daily8

3,858 posts

Posted by Daily8 > 2019-11-01 00:04 | Report Abuse

On 11th August 2017, the company had completed the Renounceable Rights Issues by issuance of 528,169,300 new ordinary shares in Mlabs at an issue price of RM0.15 per rights share, together with up to 264,084,650 free detachable warrants in Mlabs on the basis of two (2) rights shares together with one (1) free warrant B for everyone (1) existing Mlabs share held by the entitled shareholders of Mlabs.

Notconfused

1,523 posts

Posted by Notconfused > 2019-11-04 17:36 | Report Abuse

Let's talk!

Posted by lavenderong > 2019-11-14 14:44 | Report Abuse

Any shareholders going for the annual meeting? Please reject the remuneration of RM450,000 to directors. Company is not making money or no progress but directors keep taking salaries and benefits.

6257

1,650 posts

Posted by 6257 > 2019-11-15 12:06 | Report Abuse

0.070

Bursa1575

918 posts

Posted by Bursa1575 > 2019-11-15 12:23 | Report Abuse

The goreng is on

L1988

60 posts

Posted by L1988 > 2019-11-15 12:25 | Report Abuse

LMAO... suddenly all come... one day show?

calvintaneng

56,191 posts

Posted by calvintaneng > 2019-11-15 12:26 | Report Abuse

WAHAHA!

MLAB UP 3 SEN!!

https://klse.i3investor.com/servlets/stk/0085.jsp


NETX OWNS 9.6% MLAB SHARES!!!

6257

1,650 posts

Posted by 6257 > 2019-11-15 12:26 | Report Abuse

Next monday more goreng,just hold on

chia88

1,189 posts

Posted by chia88 > 2019-11-15 12:34 | Report Abuse

Calvin did you buy?

TheContrarian

9,215 posts

Posted by TheContrarian > 2019-11-15 12:34 | Report Abuse

Go, go, go MLab.

L1988

60 posts

Posted by L1988 > 2019-11-15 12:47 | Report Abuse

so nice.. suddenly add spice to everyone boring friday....

Money122

982 posts

Posted by Money122 > 2019-11-15 12:49 | Report Abuse

Finally move up

L1988

60 posts

Posted by L1988 > 2019-11-15 12:56 | Report Abuse

sincerely i congrats contrarian if MLAB continue moving up since he bought at 3.5cent lowest point...

Daily8

3,858 posts

Posted by Daily8 > 2019-11-15 12:59 | Report Abuse

Wonderful Mlab! Good news coming out ?;)

TheContrarian

9,215 posts

Posted by TheContrarian > 2019-11-15 13:09 | Report Abuse

Thank you L1988. At 3.5 sen there wasn't any downside risk but the potential upside is as much as 100%.

Michael Kwok

6,329 posts

Posted by Michael Kwok > 2019-11-15 13:39 | Report Abuse

The one who talk about MLab 29/3/2019 on 4 cents.Now 7.5 cent.Please read;

Michael Kwok Never set target too far.Every big run,begin with smaller run.Me set worst case scenario first for AT(0072).Yup I set the same target of 10-13 cent as worst case scenario for MLAB(0085)
29/03/2019 11:59 PM

Michael Kwok

6,329 posts

Posted by Michael Kwok > 2019-11-15 13:43 | Report Abuse

Another one.Its show I'm a trusted name(Please read);


Michael Kwok
897 posts
Posted by Michael Kwok > Mar 29, 2019 11:59 PM | Report Abuse X

Never set target too far.Every big run,begin with smaller run.Me set worst case scenario first for AT(0072).Yup I set the same target of 10-13 cent as worst case scenario for MLAB(0085)

Michael Kwok

6,329 posts

Posted by Michael Kwok > 2019-11-15 13:52 | Report Abuse

This is the result of 26 years of involve in stock.Please read;

Michael Kwok
897 posts
Posted by Michael Kwok > Mar 29, 2019 11:59 PM | Report Abuse X

Never set target too far.Every big run,begin with smaller run.Me set worst case scenario first for AT(0072).Yup I set the same target of 10-13 cent as worst case scenario for MLAB(0085)

calvintaneng

56,191 posts

Posted by calvintaneng > 2019-11-15 13:56 | Report Abuse

NETX owns 64.1 millions Mlab shares

https://klse.i3investor.com/insider/substantialShareholder/0085/29-Jun-2018/432422_2517870182.jsp

So a rise of 2.5 sen means NETX just made Rm1.6 Millions profits by Mlab price rise

BETTER GO BUY SOME NETX AT 2 SEN NOW BEFORE MARKET RERATES NETX UPWARD!!

calvintaneng

56,191 posts

Posted by calvintaneng > 2019-11-15 13:58 | Report Abuse

MLABS UP 2.5 SEN

See https://klse.i3investor.com/servlets/stk/0085.jsp

NETX owns 64.1 millions Mlab shares

https://klse.i3investor.com/insider/substantialShareholder/0085/29-Jun...

So a rise of 2.5 sen means NETX just made Rm1.6 Millions profits by Mlab price rise

BETTER GO BUY SOME NETX AT 2 SEN NOW BEFORE MARKET RERATES NETX UPWARD!!

TheContrarian

9,215 posts

Posted by TheContrarian > 2019-11-15 14:05 | Report Abuse

Calvin, Netx paid 15 sen per share for MLab.

calvintaneng

56,191 posts

Posted by calvintaneng > 2019-11-15 14:07 | Report Abuse

osted by TheContrarian > Nov 15, 2019 2:05 PM | Report Abuse

Calvin, Netx paid 15 sen per share for MLab.

I know

As a result when Mlab crashed Netx also crashed to 1 sen

Now Mlab rebound means NETX Will Also Benefit

TheContrarian

9,215 posts

Posted by TheContrarian > 2019-11-15 14:15 | Report Abuse

What I think is Fintech buying MLab today.

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-11-15 14:36 | Report Abuse

I think Seacera buying Mlab and Fintec

L1988

60 posts

Posted by L1988 > 2019-11-15 14:39 | Report Abuse

the hype looks over.... sorry boys... i still trap above 10cent...

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-11-15 14:47 | Report Abuse

No worry, Mlab have fiber optic, e-wallet and blockchain

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