MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.14

Today's Change

-0.015 (9.68%)

Day's Change

0.14 - 0.155

Trading Volume

14,560,200


7 people like this.

13,210 comment(s). Last comment by whistlebower99 2 days ago

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-18 12:04 | Report Abuse

apa lanjiao pun good news

kevinchong

646 posts

Posted by kevinchong > 2020-12-18 13:12 | Report Abuse

Below RI price of 9sen, esos at 8.5sen, above 8.5sen soon probably. Another Rm10-20m to the company’s treasury :)

Good news otw probably

Next Time 7sen also ckp ini juga haha betul2 cap CB rang good 123 and Victor yong

Posted by Invest_Wisely > 2020-12-18 14:16 | Report Abuse

if drop, will collect more... Merry Christmas everyone :)

Posted by SmallFishThinkBig > 2020-12-18 14:47 | Report Abuse

if drop, will collect more... Merry Christmas everyone :)

Indeed.

faizal

1,457 posts

Posted by faizal > 2020-12-18 15:30 | Report Abuse

mlab print shares like printing money ...

zul

633 posts

Posted by zul > 2020-12-18 15:32 | Report Abuse

mlab pancing ikan bilis pocket...

Jinglebell

134 posts

Posted by Jinglebell > 2020-12-18 16:00 | Report Abuse

Dun buy now unless u dun mind to throw $$ into sea , below 0.05 can happen anytime soon!!! Wak up newbie

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-18 17:51 | Report Abuse

Wow.. Netx and Fintec both out of the substantial shareholder... Looks like great news

kevinchong

646 posts

Posted by kevinchong > 2020-12-18 18:24 | Report Abuse

Ahahaha netx disposal very good news soon cb rang good123 n Victor Yong sure say next 0.075 good buy hahaha

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-18 18:39 | Report Abuse

Relek la... Dont worry. Sun is coming soon

TheContrarian

9,089 posts

Posted by TheContrarian > 2020-12-18 18:40 | Report Abuse

Someone in this forum will emerge as substantial shareholder, hahaha.

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-18 18:54 | Report Abuse

Someone buying from netx ooo @ 0.085-0.09. Netx tak mau goreng baru sell ooo... Netx choose to sell now oo and Left some percentage of holdings only ooo.. . Fintec also dont subscribe ri ooo... This two conz comp not substantial liao... Someone want to be substantial ooo... Victor yong promote to buy ooo means he is netx punya org. So he is substantial soon?

BabyAce

1,833 posts

Posted by BabyAce > 2020-12-18 19:51 | Report Abuse

Netx no more substantial shareholder. Victor no need so hardworking promote already haha

Good123

25,225 posts

Posted by Good123 > 2020-12-19 09:07 | Report Abuse

KUALA LUMPUR (Dec 18): NetX Holdings Bhd has ceased to be a substantial shareholder of MLabs Systems Bhd after disposing of 30 million shares in the latter.

NetX said following the disposal, its shareholding in MLabs is reduced to 3.91% from 7.32% previously.

The disposal of the shares was carried out by its Hong Kong subsidiary, First United Technology Ltd, in the open market on Dec 16, NetX added in a filing with Bursa Malaysia.

The group did not disclose the transaction price, but based on MLabs’s closing price of eight sen on Dec 16, the block of shares is valued at RM2.4 million.

Good123

25,225 posts

Posted by Good123 > 2020-12-19 09:08 | Report Abuse

Tak tau apakah permainan yang dibuat Oleh pengarah kedua-dua syarikat netx dan mlab?

Good123

25,225 posts

Posted by Good123 > 2020-12-19 09:09 | Report Abuse

Netx masih memegang 3-4% daripada jumlah syer yang diterbitkan dalam mlab

Good123

25,225 posts

Posted by Good123 > 2020-12-19 09:10 | Report Abuse

Date Close Volume
18/12/2020 0.08 12,322,300
17/12/2020 0.08 53,019,200
*16/12/2020 0.08 *201,232,000
15/12/2020 0.08 11,729,000
14/12/2020 0.085 92,272,900
11/12/2020 0.095 57,538,000
10/12/2020 0.10 32,250,100
09/12/2020 0.12 2,603,100
08/12/2020 0.115 1,196,900
07/12/2020 0.12 6,568,000
04/12/2020 0.115 4,083,300
03/12/2020 0.12 2,260,900
02/12/2020 0.12 6,291,400
01/12/2020 0.13 1,244,300
30/11/2020 0.125 8,514,300
27/11/2020 0.135 9,965,600
26/11/2020 0.135 2,732,600
25/11/2020 0.135 4,340,700
24/11/2020 0.14 12,081,000
23/11/2020 0.145 5,714,500

Good123

25,225 posts

Posted by Good123 > 2020-12-19 09:13 | Report Abuse

MLAB Financial Information

Market Capital (RM) 70.48m
Number of Share 880.98m

NetX Holdings Bhd has ceased to be a substantial shareholder of MLabs Systems Bhd after disposing of 30 million shares in the latter.

NetX said following the disposal, its shareholding in MLabs is reduced to 3.91% from 7.32% previously.

The disposal of the shares was carried out by its Hong Kong subsidiary, First United Technology Ltd, in the open market on Dec 16, NetX added in a filing with Bursa Malaysia.

The group did not disclose the transaction price, but based on MLabs’s closing price of eight sen on Dec 16, the block of shares is valued at RM2.4 million.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-19 11:26 | Report Abuse

Growth track: An employee works at a warehouse in Wuxi. China’s growth is on track to return to its pre-virus trend, just as it bounced back quickly in the post-Global Financial Crisis period. — AFP

ASIA remains one of the bright spots for investors going into 2021.

Amid the better containment of the Covid-19 pandemic across the region, and supported by the massive fiscal and monetary stimulus measures, Asian economies are likely to see faster and sharper rebound than other parts of the world.

Fund managers and analysts see this as an opportunity to increase exposure to Asia.

BlackRock Inc, for one, says it is overweight on Asia (excluding Japan) equities. The world’s largest asset manager says it is also in favour of Asia fixed-income and high-yield assets.

“Many Asian countries have effectively contained the (Covid-19) virus – and are further ahead in the economic restart, ” BlackRock explains. We overweight Asia ex-Japan equities and Asia fixed income on the region’s effective virus response, and favour assets exposed to Chinese growth, ” it adds.

BlackRock Inc, for one, says it is overweight on Asia (excluding Japan) equities. The world’s largest asset manager says it is also in favour of Asia fixed-income and high-yield assets.BlackRock Inc, for one, says it is overweight on Asia (excluding Japan) equities. The world’s largest asset manager says it is also in favour of Asia fixed-income and high-yield assets.

In its “2021 Global Outlook” report, BlackRock says it expects Asia’s technology orientation as a factor that would enable the region to benefit from structural growth trends.

BlackRock also expects persistent inflows to Asian assets taking place next year, noting that many global investors remain underinvested in the region, and that China’s growing weight in global indexes will be a pull factor.

“We see assets exposed to Chinese growth as core strategic holdings that are distinct from emerging-market exposures. There is a clear case for greater portfolio allocations to China-exposed assets for returns and diversification, in our view, ” it says.

China exposure

BlackRock notes China’s growth is on track to return to its pre-virus trend, just as it bounced back quickly in the post-Global Financial Crisis period. It also points out that China’s share of global gross domestic product (GDP) has been steadily growing even as its growth has slowly trended down as the economy matures.

Similarly, Schroders group argues that China remains the most interesting market in Asia.

In its “Outlook 2021: Asian equities” note, the fund manager’s head of Asian ex-Japan equity investments, Toby Hudson, says China may have lagged regional markets in the recent bounce, but it remains by far the broadest and deepest equity market in Asia.

“It offers a much more interesting range of stock opportunities, both in the mainland A-share market and in the Hong Kong SAR and US listed companies. Here, investors can get exposure to the full range of sectors and a steady flow of new IPOs (initial public offerings) that constantly refreshes the options available, ” Hudson explains.

According to Hudson, there is scope for further catch-up from South-East Asian markets in the near term after the recent bounce amid Covid-19 vaccine optimism.

“However, the choice of investment opportunities at the stock level remains limited. These markets are dominated by the ‘older economy’ sectors, which have less interesting longer-term growth profiles and this makes it unlikely we will become significantly more positive on them in the period to come, ” he says.

Technology shines

In general, Asia has seen a turnaround within markets following the positive Covid-19 vaccine news.

Those perceived as “lockdown losers” – such as travel, leisure, financials and energy shares – have rebounded the most sharply, while the earlier “lockdown winners” have lost momentum and lagged the market rally, Schroders notes.

“It does seem likely that in the coming months, Asian stock markets will see less of the polarised, ‘winner takes all’ performance that we saw earlier in 2020. A broader range of stocks and sectors will likely enjoy gains as investors chase those firms with more recovery potential, ” it argues.

One lockdown trend it expects to continue in Asia is the rise of e-commerce.

“Its penetration is unlikely to recede, as consumers are hooked on the added convenience of these services; the quality and scope of which continue to improve, ” Schroders says.

“Technology sectors more generally have also been winners this year from shifting consumer behaviour, and we are optimistic about the longer-term outlook for many of the main Asian players, ” it adds.

Schroders also expects the shift towards 5G telecommunications to continue in 2021.

“Chip makers are likely to benefit from rising prices for memory, after a downturn in 2019 and 2020. Meanwhile, the ‘digitisation’ of many areas of the economy will continue, which drives demand for incr

kevinchong

646 posts

Posted by kevinchong > 2020-12-19 21:13 | Report Abuse

Monday 0.075 manpui kau ahahaha

lian998

464 posts

Posted by lian998 > 2020-12-20 17:11 | Report Abuse

疫情发展到现在,马来西亚每天确诊超过1000。 到了三月还要每天六千五百宗。。如果真的是这样, 公司的产品 视讯系统, 测试剂 还是不能卖。 也就无语问苍天了。

Posted by Invest_Wisely > 2020-12-20 23:21 | Report Abuse

Fasten seatbelts please... plane is about to take off :)

Good123

25,225 posts

Posted by Good123 > 2020-12-21 09:30 | Report Abuse

Warrant exercise price is 9sen, ordinary share price below 9.5sen, warrant is worthless n nobody will exercise it upon expiry date

Good123

25,225 posts

Posted by Good123 > 2020-12-21 09:30 | Report Abuse

Focus on ordinary share , now below RI price of 9sen :)

Good123

25,225 posts

Posted by Good123 > 2020-12-21 09:31 | Report Abuse

Expecting new substantial shareholder is emerging

Good123

25,225 posts

Posted by Good123 > 2020-12-21 09:32 | Report Abuse

Something extraordinary will happen probably, all employee share options will be exercised, fingers crossed

kevinchong

646 posts

Posted by kevinchong > 2020-12-21 10:55 | Report Abuse

Haha 75 de,manpui kau

kevinchong

646 posts

Posted by kevinchong > 2020-12-21 10:56 | Report Abuse

Later Cb rang good123 say good buy

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-21 11:03 | Report Abuse

Cb rang all tan shit ate's apperentice....only know how to 吃里扒外...

Good123

25,225 posts

Posted by Good123 > 2020-12-21 11:09 | Report Abuse

LONDON: British Prime Minister Boris Johnson and members of his government risk significant political damage for their decision to introduce extremely tough restrictions on London and parts of the south-east England and withdraw a significant part of the social accommodations they had announced for Christmas gatherings.

Yet, as Johnson said in a widely watched briefing to the nation, “when the science changes, we must change our response.”

The consequences will be felt well beyond politics, social interactions and mental wellness. They will also play out in an economic outlook that is likely to deteriorate both in scale and scope, nationally and globally.

The cause for the lockdown is the identification of a new variant of the Covid-19 virus. This strain is said to spread much faster and already accounts for more than 60% of new infections in London. As such, and again quoting Johnson, “when the virus changes its method of attack, we must change our method of defense.”

The new variant may also raise questions about treatments and herd immunity even as remarkable progress is made on vaccines. There is yet no convincing evidence, one way or the other, on whether the new variant alters the course of the disease. Nor is there compelling evidence, either way, of whether it changes immunity responses.

The immediate economic impact will be an even bigger contraction as more people are less able – because of stricter restrictions – or willing – because of greater health concerns – to interact economically.

This more pronounced double-dip recession for the UK increases the risk of “scarring, ” in which short-term problems become longer-term structural impediments to dynamic supply and demand responses.

The new variant also sheds a much brighter spotlight on another issue – that of tighter restrictions on the internal and cross-border travel of people and, perhaps, also some goods.

With four tiers of restrictions in operation throughout England, will the government confront a decision within the next few weeks between tightening restrictions within the existing regime or perhaps imposing a third nationwide lockdown? And how will other countries react to a new variant? Will they follow the earlier examples of Australia and New Zealand and effectively close their borders to non-citizens?

This worsened economic outlook for the global economy in the short term is accentuated by what’s happening elsewhere in the world. Certain countries that had been model managers of the pandemic such as Germany and South Korea find themselves facing more challenging circumstances.

South Africa is also said to have identified cases of the new Covid variant, suggesting that other countries may also have to impose additional restrictions because of this virus mutation. Yet others are in an even worse place.

In California, where the average daily infection rate has spiked to 50,000, hospitalisations have soared and, with no ICU beds available in the southern part of the state, deaths are tragically on the rise.

Yet there seems to be even more polarisation among Californians on how state and local governments should react. This divide is also playing out in vast differences in compliance with existing guidelines, all of which undermine the possibility of timely policy reactions and appropriately healthy collective actions.

As wonderful as the encouraging news about vaccines is, we should not lose sight of the tragic severity of the immediate outlook. Absent a more timely and holistic response on the part of both the public and private sectors, we risk a lot more damage in the remaining voyage to herd immunity and the related return to better public health and more normal economic and social interactions. — Bloomberg

Good123

25,225 posts

Posted by Good123 > 2020-12-21 11:14 | Report Abuse

New coronavirus strain ‘moves fast’ and is becoming the dominant variant

The new strain – now officially named VUI-202012/01 - may be “up to 70 per cent” more transmissible than earlier strains


Boris Johnson has imposed a lockdown on London as the virus surges
Boris Johnson has imposed a lockdown on London as the virus surges CREDIT: PA
Paul Nuki, Global Health Security Editor, London
20 DECEMBER 2020 • 8:40 PM

kevinchong

646 posts

Posted by kevinchong > 2020-12-21 11:18 | Report Abuse

Heng CAI I sold 85 last time,arbo lost again 80k ,don't listen cb rang good123 and Victor they will bring u all go Holland keep say 100 95 90 85 75 70 good buy

sengkee

2,060 posts

Posted by sengkee > 2020-12-21 11:24 | Report Abuse

Tomorrow listing of SIS?

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-21 14:29 | Report Abuse

Patience game, below 9.5sen, all warrants are worthless because exercise price of warrant is 9sen. :)

Nobody will exercise the warrant before expiry date if ordinary share price is less than 9.5sen :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-21 14:29 | Report Abuse

Focus only on ordinary share if u like mlab for rebound.

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-21 14:45 | Report Abuse

Netx disposing...hahaha...a good sign...

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-21 15:01 | Report Abuse

Netx second throwing now on going. That is why this konco konco promotes buy mother share to let retailer absorb some.

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-21 15:04 | Report Abuse

I believe this is the lowest 0.075 - 0.08

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-21 15:05 |

Post removed.Why?

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-21 15:09 | Report Abuse

No need listen this sohai talk la. Buy on own diligence. I dont think he can affect ppl to buy in this forum. Let him do the job for netx and he also get paid.

kevinchong

646 posts

Posted by kevinchong > 2020-12-21 15:44 | Report Abuse

Ya ya no need see this two CB rang, decide u price buy I'm wanting another cheap 2 price

Good123

25,225 posts

Posted by Good123 > 2020-12-21 15:46 | Report Abuse

:)

Date Close Volume
18/12/2020 0.08 12,322,300
17/12/2020 0.08 53,019,200
16/12/2020 0.08 201,232,000
15/12/2020 0.08 11,729,000
14/12/2020 0.085 92,272,900
11/12/2020 0.095 57,538,000
10/12/2020 0.10 32,250,100
09/12/2020 0.12 2,603,100
08/12/2020 0.115 1,196,900
07/12/2020 0.12 6,568,000
04/12/2020 0.115 4,083,300
03/12/2020 0.12 2,260,900
02/12/2020 0.12 6,291,400
01/12/2020 0.13 1,244,300
30/11/2020 0.125 8,514,300
27/11/2020 0.135 9,965,600
26/11/2020 0.135 2,732,600
25/11/2020 0.135 4,340,700
24/11/2020 0.14 12,081,000
23/11/2020 0.145 5,714,500

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-21 15:53 | Report Abuse

Thier job are quite easy...juz copy paste...

JT1969

377 posts

Posted by JT1969 > 2020-12-21 15:55 | Report Abuse

Mother FXXX Tan Eat Shit and gang forced thro’ the Rights and then sold .. really class act Bitches..

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-21 16:14 | Report Abuse

Tan shit ate treated retail investor like shit. No respect at all.

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-12-21 16:18 | Report Abuse

They're all of the Fintech group

Edwin0908

128 posts

Posted by Edwin0908 > 2020-12-21 16:34 | Report Abuse

Why netx disposing is good sign?

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-21 18:09 | Report Abuse

I'll let cityhunter to explain to you why netx disposal is indeed a blessing

JLiang

10 posts

Posted by JLiang > 2020-12-22 02:10 | Report Abuse

Tomorrow is expected to drop yall

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-22 09:11 | Report Abuse

2years+ left for mlab warrant, if ordinary share price is less than 9.5sen, nobody will exercise the warrant at 9sen. Just focus on ordinary share if u like mlab :)

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