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 13 hours ago

Steven8882

284 posts

Posted by Steven8882 > 2020-06-09 22:20 | Report Abuse

Sure will fly high... Gogogo

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-06-10 12:54 | Report Abuse

I sold off all my Fintech shares at 6.5 sen recently and made 2 sen. I am keeping faith on MLab. You better fly before the EGM date.

Kirim

330 posts

Posted by Kirim > 2020-06-10 13:06 | Report Abuse

Good,.....Thumb Up!

Winner8

92 posts

Posted by Winner8 > 2020-06-10 15:13 | Report Abuse

So difficult to go up

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-10 19:08 | Report Abuse

Mlab now into movie industry ?

cutie

1,690 posts

Posted by cutie > 2020-06-10 19:47 | Report Abuse

Only listed company who in movie making.... Huat Huat

lau9996

29 posts

Posted by lau9996 > 2020-06-10 20:23 | Report Abuse

The Board of Directors of MLabs System Berhad (“Mlabs” or “the Company”) wishes to announce that the Company, had on 10 June 2020, entered into a Share Subscription Agreement (“Agreement”) with Longhouse Films Sdn. Bhd. (“Longhouse”)

roops9

12 posts

Posted by roops9 > 2020-06-10 20:27 | Report Abuse

been holding this counter for sometime now, I think some changes coming, may not be a huge jump, but i'm pretty sure its on the rise

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-11 01:39 | Report Abuse

Why don’t they consider making masks or gloves since they like to diversify from video conferencing to kitchen products to property investment and now film production

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-06-11 09:25 | Report Abuse

Mlabs keong o

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-11 10:19 | Report Abuse

Longhouse does not excite investors. No uptrend. Still stuck at 0.035

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-11 10:22 | Report Abuse

it's a matter of time, investors are collecting 0.035 steadily

xxxtrader

48 posts

Posted by xxxtrader > 2020-06-11 12:09 | Report Abuse

Launched in 2019, Longhouse Films Sdn Bhd is a new Film production and Investment company in Kuching, the Capital city of Sarawak, East Malaysia.

We produce and invest in feature films, TV/web series, animation, and music. With our strong network in this industry, especially in Mainland China, we plan to bring not only Longhouse Films but also our Sarawak to a greater platform.

In return to our homeland, Longhouse Films will help to groom our local talents, by creating more job opportunities, provide training and produce more local projects.

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-11 15:24 | Report Abuse

produce films to be watched from home? the future trend?

Kirim

330 posts

Posted by Kirim > 2020-06-11 16:37 | Report Abuse

Jolly good, potential is is huge and uncountable. A movie can make in millions,........Good!

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-11 20:59 | Report Abuse

Should go buy a industrial glove maker. Hahaha. Then shares price will rocket up to the moon

Kirim

330 posts

Posted by Kirim > 2020-06-11 21:59 | Report Abuse

Mlabs Systems has partnered with Malaysian film production company Longhouse Films to revive the flailing film production industry in Malaysia. Through a shared subscription agreement, both parties aim to enhance the Malaysia movie industry by bringing back Malaysian talents from the international entertainment industry. In a statement to A+M, a spokesperson from Mlabs said it also looks to bring in bigger movie production from China and Korea to Malaysia, as well as bring China and Asian contents for distribution in Southeast Asia.

The spokesperson added that within the next two years, Mlabs will progressively invest up to RM3 million into Longhouse. Steve Tan, the executive director of Mlabs said the company views its investment in Longhouse as opportune as Longhouse is targeting the international audience in its new movies. Mlabs anticipates that the return on investment will be positive as the cost of production in Malaysia is significantly lower in comparison to filming overseas such as China, and the “severe depletion” in online content induced by lockdowns in the US and other European nations as a result of the COVID-19 pandemic.

“In this case, Longhouse will be well positioned to bridge the demand and supply gap in partnering with major online movie portals such as YOUKU, iQIYI and Netflix. Mlabs would also have been more hesitant to invest were it not for the movie contracts already awarded to Longhouse by international studios and will be in Longhouse’s pipeline for the next two years such as Magic Moments, Hutan, God of War, Monkey King, Sky & Blue Sea, and Letters from the Future,” he added.

Meanwhile, Jon Chiew, CEO and founder of Longhouse said, he aims to build the "Made in Malaysia and Made by Malaysians" brand in the world stage. He is also looking to create a sustainable ecosystem in the Malaysian creative business whereby local talents are empowered and retained, and the culture and tourism sector in Malaysia will be seen by the world.

Jon Chiew is a Malaysian film producer with more than 20 years of experience in the content business in China. During his tenure with production company Huace Pictures, he participated in and produced more than 20 films and partnered with major international studios including 20th Century FOX, Universal Pictures, Sony Pictures, Emperor, Media Asia of Hong Kong, CJ Entertainment and NEW of Korea.

“Despite all my years filming in China, I have always harboured the intention of returning to Malaysia and tap into the local pool of underappreciated talents. Malaysia has many robust and talented people who are able to fluently command several languages but also retain their own ethnic culture in a very profound way,” he added.

With the enforcement of Movement Control Order (MCO), film production jobs have been halted. Recently, the Malaysian Association of Advertising Filmmakers (PPFIM) appealed to the Ministry of Communications and Multimedia Malaysia to allow the industry to resume shooting commercial films during this COVID-19 crisis. The Malaysian government then approved for the filming industry to resume operations after Hari Raya, according to Malay Mail. Citing communications and multimedia minister, Saifuddin Abdullah, it is reported that the approval was given during the National Security Council meeting on 19 May. Malay Mail also reported that production houses are allowed conduct their shoots with a strict standard operating procedure (SOP), while the approval for live programmes to resume is still under discussion.

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-12 18:04 | Report Abuse

Waiting for Mlab to fly.........

Naz90

72 posts

Posted by Naz90 > 2020-06-12 22:49 | Report Abuse

sooner or later mlab will fly...

adamking

56 posts

Posted by adamking > 2020-06-13 00:34 | Report Abuse

Wat is next TP?

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-14 21:05 | Report Abuse

Each time it flew in the past daily 50-100%

Daily8

3,858 posts

Posted by Daily8 > 2020-06-15 17:02 | Report Abuse

PP .027 c, how to fly??

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-15 18:53 | Report Abuse

Drops when everyone waiting for Mlab to shine.

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-16 19:30 | Report Abuse

Wait until egm lah guys, one of the topics to discuss is the private placement - if it’s approved then we will see some positive trends :-)

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-06-16 21:29 | Report Abuse

After EGM approval it will spike and after pp, it will fly

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-17 00:28 | Report Abuse

Keeping my fingers crossed

xxxtrader

48 posts

Posted by xxxtrader > 2020-06-17 15:36 | Report Abuse

collect 0.03

dmksn

686 posts

Posted by dmksn > 2020-06-17 18:19 | Report Abuse

All penny stock like Anzo, Scomi, MQTech already shot up. MLAB will be very2 soon goreng

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-18 09:39 | Report Abuse

Everyone still waiting for Mlab turn to rocket up

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-06-18 14:39 | Report Abuse

After pp more papers printed drop value

Steven8882

284 posts

Posted by Steven8882 > 2020-06-18 20:39 | Report Abuse

Mlab Gogogo...

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-18 20:49 | Report Abuse

Still waiting Mlab to fly.........but when?

JT1969

377 posts

Posted by JT1969 > 2020-06-18 22:10 | Report Abuse

Still sleeping ..

Kirim

330 posts

Posted by Kirim > 2020-06-19 09:14 | Report Abuse

Sleeping is good,.....accumulating, collecting energy and momentum,.......

dmksn

686 posts

Posted by dmksn > 2020-06-19 12:03 | Report Abuse

Patient, be patient. Only 0.035 need to clear and price sustain. Just one more bid patient, and will get more than 50% return.

Winner8

92 posts

Posted by Winner8 > 2020-06-19 12:22 | Report Abuse

Never ending 0.035

Kirim

330 posts

Posted by Kirim > 2020-06-19 13:32 | Report Abuse

Once approval granted, it will ascending. Should and hope to be kaw kaw,....

dmksn

686 posts

Posted by dmksn > 2020-06-19 16:25 | Report Abuse

Buy queue volume @0.03 suddenly surged from 70k to 170k @ 4.22pm, got good news soon?

JT1969

377 posts

Posted by JT1969 > 2020-06-22 10:46 | Report Abuse

Still sleeping .. zzz

JT1969

377 posts

Posted by JT1969 > 2020-06-22 10:56 | Report Abuse

This company should be more focus then doing something which they r unfamiliar...

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-22 11:10 | Report Abuse

Bila mahu terbang?????

Steven8882

284 posts

Posted by Steven8882 > 2020-06-22 16:57 | Report Abuse

Kasi cepat terbang la, Anzo sudah terbang

dmksn

686 posts

Posted by dmksn > 2020-06-22 17:33 | Report Abuse

Anzo, MQTech, AT, XOX all rocket already. Only 0.035 need to clear to unlock treasure chest, hang on.

Steven8882

284 posts

Posted by Steven8882 > 2020-06-22 17:39 | Report Abuse

Correct...

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-22 21:18 | Report Abuse

0.035 is very well accumulated, after egm if private placement is approved, it can easily double 0.07 is the first aim!

Notconfused

1,523 posts

Posted by Notconfused > 2020-06-22 23:09 | Report Abuse

Anzo, MQTech, AT, XOX all rocket already. Only 0.035 need to clear to unlock treasure chest, hang o
Some of those have gone up with some very positive news. It’s not the case of most pennies going up then the rest should follow suit

Flyinghorse

3,657 posts

Posted by Flyinghorse > 2020-06-23 09:56 | Report Abuse

Very stable at 0.035. Should rocket up soon. Sabar lo.

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