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

0.13 - 0.135

Trading Volume

1,411,500


7 people like this.

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

VLVL

640 posts

Posted by VLVL > 2019-11-18 19:33 | Report Abuse

Sell

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-18 20:03 | Report Abuse

Sell to Netx haha.

Posted by birkincollector > 2019-11-18 21:12 | Report Abuse

for reference...in august/sept 2017...when netx and asiabio (fintec) bought millions of mlabs shares....mlab went all the way up to 0.460.....

6257

1,650 posts

Posted by 6257 > 2019-11-18 22:14 | Report Abuse

If this week can go to 0.100,this stock will be stable

safewinner

746 posts

Posted by safewinner > 2019-11-18 22:48 | Report Abuse

Sell to Contrarian or Notconfused haha, Hear the other side is true not self made story
B4 market crash birds (friends) sing melody song during market crash friends personal got sued by
broker, ALL is done by my company I can't do anything, land n house all gone still alive
Singaporean promoter me got stuck also prestar 0.64c now 0.42c safer play heavy weight stock
with yearly good dividend

Posted by Lim Yan Kiat > 2019-11-19 09:36 | Report Abuse

Looks like many buyer today

Yhlim9958

56 posts

Posted by Yhlim9958 > 2019-11-19 11:38 | Report Abuse

But no move

6257

1,650 posts

Posted by 6257 > 2019-11-19 14:59 | Report Abuse

Wait another 2 yrs

Notconfused

1,523 posts

Posted by Notconfused > 2019-11-19 15:56 | Report Abuse

3 days in a row with relatively high volumes, if this continues, we may see something surprising

Posted by Lim Yan Kiat > 2019-11-19 16:44 | Report Abuse

Uptrend surely

6257

1,650 posts

Posted by 6257 > 2019-11-19 16:53 | Report Abuse

Sure or not

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-19 18:43 | Report Abuse

Netx bought another 26.5 million MLab shares yesterday taking their shareholdings to 17.181%. Fintech holds another 11.2%. The combined shareholdings is now 28.381%. MGO coming?

Notconfused

1,523 posts

Posted by Notconfused > 2019-11-19 20:13 | Report Abuse

Hi sifu what’s mgo? Merger?

Something is definitely brewing as I have not seen such a high volume for 3 consecutive days for a long long time

Posted by Lim Yan Kiat > 2019-11-19 21:40 | Report Abuse

They collect a lot than goreng this stock to the sky

6257

1,650 posts

Posted by 6257 > 2019-11-19 21:59 | Report Abuse

U wait long2

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-20 09:48 | Report Abuse

Last Friday Netx paid 7 sen for MLab.

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-20 09:54 | Report Abuse

Netx and Fintech subscribed for the excess rights a couple of years ago at 15 sen per share. The subscription monies is still substantially with MLab. To gain control of the money Netx might trigger an Mandatory General Offer (MGO) to take its holdings beyond 50%.

L1988

60 posts

Posted by L1988 > 2019-11-20 10:10 | Report Abuse

even if MGO happen ... it wont likely to be more than 10 cent... If MGO most people trap in the past will lose money for sure...

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-20 10:20 | Report Abuse

True, MGO maybe at 7 sen only.

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-20 10:22 | Report Abuse

People who were stuck at above 10 sen should have averaged down at 4 to 3.5 sen recently.

6257

1,650 posts

Posted by 6257 > 2019-11-20 12:22 | Report Abuse

Hold tight2.haha

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-11-20 13:59 | Report Abuse

This company are beneficial from something, thats the reason Netx keep buying...
My concern is who provide those number of share in the open market?

L1988

60 posts

Posted by L1988 > 2019-11-20 14:45 | Report Abuse

NETX ownself also LPPL ... what can you expect a 2.5 cent company can help a 6cent company....

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-20 15:14 | Report Abuse

MLab is buying into digital assets advisory and investment company operating in Taiwan.

6257

1,650 posts

Posted by 6257 > 2019-11-20 15:16 | Report Abuse

Wait another 2 years

Notconfused

1,523 posts

Posted by Notconfused > 2019-11-20 17:02 | Report Abuse

GG

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-20 18:52 | Report Abuse

Netx bought another 10 million MLab shares yesterday.

6257

1,650 posts

Posted by 6257 > 2019-11-20 19:24 | Report Abuse

Then??

safewinner

746 posts

Posted by safewinner > 2019-11-20 21:22 | Report Abuse

Same first united bought another 10million MLabs shares yesterday
Then?? something happen share drop half sen to 0.055,Syndicated game push or drop back to 4
IF believed MLab won't go PN17 or delisted any price 4 or below is a ADD

Notconfused

1,523 posts

Posted by Notconfused > 2019-11-20 22:50 | Report Abuse

Safewinner only you can help me now, are you willing to take my tickets at 0.10, never mind if I lose 0.01 cent lol

safewinner

746 posts

Posted by safewinner > 2019-11-21 09:56 | Report Abuse

Notconfused my last underwear sold not pawn now cry no tear totally dry, NAKED cave hiding
out by go lock up,speculative counter high return high risk,retailer hard to play with "cong kar"
stuck 3 yrs if buy carlsberg every Aunty Uncle know's carlsberg is beer,3 years with good dividend
price double,buy 1 lot for your son 30 year you see the value,buy rubbish bursa not 30yr ,10yr by delisted

Posted by andychay6124 > 2019-11-21 13:42 | Report Abuse

Not a good sign. Better run

Notconfused

1,523 posts

Posted by Notconfused > 2019-11-21 14:00 | Report Abuse

run what, it can't get much lower, can it?

Posted by andychay6124 > 2019-11-21 14:52 | Report Abuse

Actually I’m still lose money in mlab. Bought before right issue as well and all the way kept average down till 4 cent then sold some at 6 cent. Then keep average down again till 3.5 cents. My average cost is 7 cents but now sold all between 6.5 cents and 6 cents.

Posted by andychay6124 > 2019-11-21 15:54 | Report Abuse

Mother up but son not up. That’s why I said not a good sign

Posted by andychay6124 > 2019-11-21 15:58 | Report Abuse

Same with last few months ago. We are ikan bilis, better becareful

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-21 18:17 | Report Abuse

Netx bought another 8 million MLab shares taking their shareholdings to 19.866%. Fintech owns another 11.2%. Together the combined total is 31.066%, 2% short of MGO.

Posted by Lim Yan Kiat > 2019-11-22 08:12 | Report Abuse

Takeover will begin by next?

Posted by Lim Yan Kiat > 2019-11-22 08:13 | Report Abuse

NET X I mean

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-22 10:04 | Report Abuse

Netx might do an MGO on MLab ala Tony Tiah style at low price of 7 sen.

longvalley

2,287 posts

Posted by longvalley > 2019-11-24 07:17 | Report Abuse

.......waiting 0.15c

BILLC

2,042 posts

Posted by BILLC > 2019-11-24 14:31 |

Post removed.Why?

Bursa1575

918 posts

Posted by Bursa1575 > 2019-11-24 15:16 | Report Abuse

hehehehe

TheContrarian

9,089 posts

Posted by TheContrarian > 2019-11-24 15:20 | Report Abuse

At 15 sen I might make enough to buy an apartment.

6257

1,650 posts

Posted by 6257 > 2019-11-25 12:03 | Report Abuse

0150 now 0.060

L1988

60 posts

Posted by L1988 > 2019-11-26 15:14 | Report Abuse

game over 0.05/0.055

Posted by Lim Yan Kiat > 2019-11-26 21:48 | Report Abuse

Switch to McLean la

L1988

60 posts

Posted by L1988 > 2019-11-27 09:38 | Report Abuse

gone case... expect a make losing quarter by today or tomorrow report if say 27-Nov-2018 reporting date.

L1988

60 posts

Posted by L1988 > 2019-11-28 08:57 | Report Abuse

looks like don't dare to release report... overdue compare to previous years

CityHuntEr

626 posts

Posted by CityHuntEr > 2019-11-28 20:20 | Report Abuse

That day they amend the annual report, i think it may effected this quarter figure...haha...anyways...this penny stock no need financial to support the price...similar like fintec, earn a lot of money buy the price didnt up...lol

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