MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.135

Today's Change

-0.005 (3.57%)

Day's Change

0.13 - 0.14

Trading Volume

2,014,400


7 people like this.

13,212 comment(s). Last comment by rpklim8888 15 hours ago

8055K

968 posts

Posted by 8055K > 2020-05-13 16:07 | Report Abuse

jump in .3 worth ? what is u all tp

Posted by stockhunter888 > 2020-05-13 17:16 | Report Abuse

6month will 0.6-0.10

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-13 17:41 | Report Abuse

I don't know.... Trapped too many years..already no feeling, but hope it can up to 0.08

Winner8

92 posts

Posted by Winner8 > 2020-05-13 18:28 | Report Abuse

Still long way to go

Posted by Chong Betta > 2020-05-13 18:41 | Report Abuse

i feel tomorrow gap up

stncws

10,528 posts

Posted by stncws > 2020-05-13 18:46 | Report Abuse

BOSS BUILD FOUNDATION 3.5C...
resistance 6c to be break

poseidon80

1,030 posts

Posted by poseidon80 > 2020-05-13 19:53 | Report Abuse

My target price rm 0.200

ahbah

6,121 posts

Posted by ahbah > 2020-05-13 20:20 | Report Abuse

Mlabs: Signs MoU with Cisco to distribute video conferencing and virtual AGM solutions. Mlabs Systems has signed a memorandum of understanding (MoU) with Cisco International Ltd to strengthen its video conferencing business and offer a new product for listed companies to conduct virtual shareholder meetings. (The Edge)

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-13 22:23 | Report Abuse

i already set my target sell price at 0.07, hope my wish comes true.

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-13 22:53 | Report Abuse

At 0.07, I would make over RM55,000. I hope your wish comes true.

linges

2,689 posts

Posted by linges > 2020-05-13 23:02 | Report Abuse

At 0.007, i get rm7k..hope all make some money :)

thesteward

6,780 posts

Posted by thesteward > 2020-05-13 23:03 | Report Abuse

Cisco is a very proper Organisation , won’t simply sign mou unless there iis possibility something positive can be worked out .
I would think Mlab future going forward will be good .
7 Sen not a dream

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-13 23:43 | Report Abuse

Normally after MOU, what's is the next step? AGREEMENT?and if work out... Took how long?

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-13 23:44 | Report Abuse

If 0.07 I get 18%return after three year trap... May my dream come true

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-13 23:45 | Report Abuse

And I get these lesson :)

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-14 08:44 | Report Abuse

I seriously think this is now a turning point for mlab, they just need to appreciate this opportunity and sell their video conferencing solution harder for growing demand, no more excuses for making losses

poseidon80

1,030 posts

Posted by poseidon80 > 2020-05-14 09:47 | Report Abuse

0.05 for today can ah? Hehe

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-14 09:51 | Report Abuse

anything is possible, it has made us wait long enough, time to repay!

ochai

350 posts

Posted by ochai > 2020-05-14 12:06 | Report Abuse

sold all.. 133% gain

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-14 12:07 | Report Abuse

We all follow Notconfused and wait for 0.07.

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-14 13:28 | Report Abuse

many buying 0.035, last year nov, soon as 0.040 got broken, it shot up to 0.075

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-14 13:31 | Report Abuse

That time I sold at 0.06.

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-14 15:43 | Report Abuse

mlab love you my friend, i have not had luck with mlab yet..

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-14 16:38 | Report Abuse

Yes, I no luck with mlab yet..... Xox is my Lucy star year 2020

Kirim

330 posts

Posted by Kirim > 2020-05-14 17:32 | Report Abuse

Good,.......& should be alright! Believe, we need patience.

潘国伦

94 posts

Posted by 潘国伦 > 2020-05-14 18:28 | Report Abuse

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 12 May 2020.)



Reference is made to the Company’s announcement made on 12 May 2020.



Mlabs Systems Berhad (“Mlabs” or the “Company”) wishes to further clarify that the MOU shall be effective from 12 May 2020, and shall remain in effect until the earlier of either:



(a) a period of 3 months from the date of the MOU is executed; or



(b) written notice of termination of either the MOU or the agreement by one party to the other at the addresses set forth in the MOU, or as specified in writing by the Parties.



This announcement is dated 14 May 2020.

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-14 20:54 | Report Abuse

Hard to understand the terms..... Can anyone tell in simple English?

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-14 21:51 | Report Abuse

It means the MOU last only 3 months and within these 3 months they either agree to execute a legal binding agreement or terminate it.

潘国伦

94 posts

Posted by 潘国伦 > 2020-05-14 22:59 | Report Abuse

那是好消息还是坏消息?

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-14 22:59 | Report Abuse

@TheContrarian, TQVM. So is 3 months hope.

kun1971kun

1,211 posts

Posted by kun1971kun > 2020-05-14 23:04 | Report Abuse

If binding agreement , it will be a good news.

Kirim

330 posts

Posted by Kirim > 2020-05-15 08:19 | Report Abuse

一直以来MLab难找到翻身的机会。这次的新冠疫疾,制造了一个绝佳的机会给了她。相信,未来几个月就能証明这个事实。

Kirim

330 posts

Posted by Kirim > 2020-05-15 10:58 | Report Abuse

The rising style for Mlab is in Step Functio model. Just be patience.

Dream will achieve one day.

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-15 13:20 | Report Abuse

it just needs one positive qr to set off....

潘国伦

94 posts

Posted by 潘国伦 > 2020-05-15 18:59 | Report Abuse

On behalf of the Board of Directors of the Company (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities” or the “Principal Adviser” or the “Placement Agent”) wishes to announce that the Company proposes to undertake the private placement of up to 267,365,000 new ordinary shares in the Company (“MLABS Shares” or “Shares”), representing 30% of the total number of issued shares of the Company, to independent third party investors to be identified later at an issue price to be determined later (“Placement Shares”) (“Proposed Private Placement”).



Please refer to the attachment for further details on the Proposed Private Placement.



This announcement is dated 15 May 2020.

Kirim

330 posts

Posted by Kirim > 2020-05-15 19:17 | Report Abuse

Looks like making big big this time,.......

潘国伦

94 posts

Posted by 潘国伦 > 2020-05-15 19:29 | Report Abuse

是要跟股东拿钱吗?不好的消息?

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-15 19:48 | Report Abuse

Proposed private placement to Cisco?

poseidon80

1,030 posts

Posted by poseidon80 > 2020-05-15 21:24 | Report Abuse

Omg!!!! 30% of company shares!!!!!!! To independent investor!!!! Imagine how much it will fly!!!!! RM 0.300 my target!!!! Next week will be a long bull

poseidon80

1,030 posts

Posted by poseidon80 > 2020-05-15 21:38 | Report Abuse

Buyers of private placements demand higher returns than they can get on the open markets.

Kirim

330 posts

Posted by Kirim > 2020-05-15 21:39 | Report Abuse

30% to Cisco,.......Kacang for Cisco,.....If 30% for Cisco,......It is a great news.

TP will be at another level

30% from entrepreneur,........The entire story will discounted a bit

But, "Independent investor" if great thing to deal with,....meaning MLAB is a good company to stay with in this kind of negative state of worldwide economy.

If 30% from public then,........the entire story will be telling on the other way round.

Conclusion: To me is a good news. Lagi bagus if the "independent investor" is Cisco thru nominee.

=> Making Big!

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-15 23:38 | Report Abuse

20% placement to Cisco and 10% to Jack Ma.

8055K

968 posts

Posted by 8055K > 2020-05-16 00:16 | Report Abuse

Today can sleep late, no need wake early queue, enjoy ur holiday comeback on Monday
Bibobibobibo

linges

2,689 posts

Posted by linges > 2020-05-16 02:30 | Report Abuse

Wow...

潘国伦

94 posts

Posted by 潘国伦 > 2020-05-16 09:04 | Report Abuse

星期一0.045就好了..ha ha

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-16 14:30 | Report Abuse

We all should follow Notconfused and wait for target price 0.07.

Notconfused

1,523 posts

Posted by Notconfused > 2020-05-16 14:52 | Report Abuse

I have never been so hopeful with Mlab, the future prospect is a lot brighter now as working from home or virtual conferencing will be the new normal. I really hope mlab buckle up and make full use of such a golden opportunity. The coming qr may not be good, but investors are buying the future. Don’t be surprised if it goes beyond 0.10 :-)

潘国伦

94 posts

Posted by 潘国伦 > 2020-05-16 15:23 | Report Abuse

这种股炒一轮几好丢了....2017年中过一次...亏了5k...haha

cutie

1,690 posts

Posted by cutie > 2020-05-16 16:08 | Report Abuse

By the time CORONAVIRUS pandemic is over, people have already got used to virtual meetings n they will use it in future. Good chance for mlabs to go back up in future.

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-05-16 19:26 | Report Abuse

Wah, Notconfused has revised target price to 0.10.

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