MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.125

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.13

Trading Volume

3,269,500


7 people like this.

13,212 comment(s). Last comment by rpklim8888 10 minutes ago

tecpower

3,536 posts

Posted by tecpower > 2017-09-15 23:10 | Report Abuse

Anzo - Asia bioenergy - Mlab

Anzo and Asia Bioenergy have a common director, so Anzo has something to do with Mlab.

Posted by Smart_invest > 2017-09-16 00:47 | Report Abuse

The Board of Directors of Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. has on 15 September 2017 acquired 75,100,000 shares of Mlabs Systems Berhad (“MLABS”), representing 13.16% equity interest in MLABS, via the subscription of the rights and excess shares of MLABS at an issue price of RM0.15 each (“Shares”) for a total cash consideration of RM11,265,000 (“Consideration”). Pursuant to the acquisition, Asiabio Capital Sdn. Bhd. will also be issued 37,550,000 free Warrants B of MLABS.

The Subscription is part of ABT Group’s decision to invest in quoted securities that have growth
prospect. ABT Group is optimistic that the Subscription will provide a positive return in the near
term given MLABS’s plans to develop and market a mobile application that has multipoint voice
call features that enable multi-users to join audio and video conferences remotely, and enable
users to send secured texts and access to voice calls via the application. This will complement
MLABS’s core business and enhances the marketability of its videoconferencing products via
capitalizing on the growing trend of video and audio conferencing over mobile technologies.

I think this consider as a good news for mlab. Up for this coming monday

calvin

249 posts

Posted by calvin > 2017-09-16 02:30 | Report Abuse

drop so many days already,so this time is rebound soon...

calvin

249 posts

Posted by calvin > 2017-09-16 02:32 | Report Abuse

(吉隆坡15日讯)亚洲生化(ASIABIO,0150,创业板)宣布以1126万5000令吉,收购MLABS系统(MLAB,0085,创业板)的7510万股,相等于13.16%股权。

亚洲生化向交易所报备,收购价相等于每股15仙,是理论除权价的约8.37%折价。

亚洲生化表示,收购MLABS系统符合公司攫取增长前景佳的上市公司的策略。

该公司乐观看待,上述收购可在近期内提供回酬,因为MLABS系统计划发展及营销一款手机应用程式。

这款应用程式,可让数名用户一起参与语音和视频会议。同时,也能传送文字和语音通话。

calvin

249 posts

Posted by calvin > 2017-09-16 02:33 | Report Abuse

drop many days already,so now is good time for rebound....

SaoQ

76 posts

Posted by SaoQ > 2017-09-16 05:06 | Report Abuse

Imagine if it rebounds and you bought at 0.095, what price point would you guys tp at?

RedEagle

3,194 posts

Posted by RedEagle > 2017-09-16 06:54 | Report Abuse

Teka Sembang Lebat again

Posted by cendolpulut > 2017-09-16 08:05 | Report Abuse

imagine if it down from 0.095 to 5c? how about it.. 10c is support for mlab.. 0.095 is breakout again to downtrend

Crazy11223

825 posts

Posted by Crazy11223 > 2017-09-16 10:40 | Report Abuse

Will down to lower 7.5

sslim

258 posts

Posted by sslim > 2017-09-16 11:15 | Report Abuse

if really down to 7.5.. then i all in..

Posted by andychay6124 > 2017-09-16 11:22 | Report Abuse

9c all in

RedEagle

3,194 posts

Posted by RedEagle > 2017-09-16 12:41 | Report Abuse

6c all in

Risk Trader

3,942 posts

Posted by Risk Trader > 2017-09-16 16:44 | Report Abuse

Monday sure rebound.....

Posted by adisuffian83 > 2017-09-16 19:24 | Report Abuse

rebound at what price lol

Stock2017

204 posts

Posted by Stock2017 > 2017-09-16 19:38 | Report Abuse

Asiabio acquired mlab at 0.15. look like it would rebound at tp 0.12 to 0.13 on monday.

Stock2017

204 posts

Posted by Stock2017 > 2017-09-16 21:04 | Report Abuse

NoEmo agreed wt u to a certain extent. u must be an experienced investor.

greedy44

735 posts

Posted by greedy44 > 2017-09-16 21:35 | Report Abuse

With so much cash in hand, Mlabs could do wonder with the cash if put up for good use. Maybe Mlabs may acquire some shares in Taobao, China so that Malaysians like me could buy cheaper stuff from Alibaba or goods sold on weibo. Surely Mlabs share price would react positively to the new venture.

greedy44

735 posts

Posted by greedy44 > 2017-09-16 22:16 | Report Abuse

Jack Ma coming means some of the IT stocks like Mlab going to fly once again ??

greedy44

735 posts

Posted by greedy44 > 2017-09-16 22:19 | Report Abuse

Hopefully Mlab major shareholder use their huge cash in hand for some fantastic ventures like online payment for Alibaba.

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-17 00:14 | Report Abuse

Thanks for the sharing

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-17 01:12 | Report Abuse

Has the purchase announced on 15 sept done or not done?

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-17 12:11 | Report Abuse

Stock sepuluh sen

djibaok

1,181 posts

Posted by djibaok > 2017-09-17 21:15 | Report Abuse

ini mana punya operator tengok cara main pun macam belacan saja

mrlohct

57 posts

Posted by mrlohct > 2017-09-17 21:47 | Report Abuse

Gd Sharing! I especially like all your corporate news. Pl give useful n relevant links too in order to substantiate your pts wherever necesary. Thank u n thank u again. I really appreciate all your effort!

hstha

3,324 posts

Posted by hstha > 2017-09-17 21:57 | Report Abuse

NetX Holdings buys equity interest in Mlabs System for RM7.2m http://m.thesundaily.my/node/483209

Buy Anzo as well.

greedy44

735 posts

Posted by greedy44 > 2017-09-17 23:23 | Report Abuse

Old news but is it possible more such good news coming soon ?? Long term buy ??

Mlabs Systems Bhd’s unit has bagged a US$10 million (RM42.8 million) contract for computer generated imagery production work.

The group told Bursa Malaysia that its wholly owned subsidiary Multimedia Research Lab Sdn Bhd has accepted a letter of award from Red Dragon Media Ltd for the contract. The contract will then be transferred to a joint-venture company, tentatively named Gold Dragon Media Sdn Bhd. It is valid until June 2018.

"The contract is expected to contribute positively towards Mlabs group's earnings and net assets for the financial year ending March 31, 2018," it noted.

Posted by Smart_invest > 2017-09-18 06:09 | Report Abuse

With the good news from Netx and Asiabio, I think I will sapu if it still remain 0.095-0.100.

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-18 08:55 | Report Abuse

Agree, will not miss the boar

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-18 08:56 | Report Abuse

Anyone buying lower than 0.15 should be thankful because you are buying cheaper than NexX and Anzo with the entry price of 0.15, any price lower than that is good

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-09-18 09:24 | Report Abuse

q 9c last week but cannot get, today q 10c, sell to me some..;-)

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-18 09:26 | Report Abuse

105 sapu

Jepbest57

73 posts

Posted by Jepbest57 > 2017-09-18 09:30 | Report Abuse

Naik naik hari ni main , untong

kasrim

2,492 posts

Posted by kasrim > 2017-09-18 09:30 | Report Abuse

sapuuu kasi habis

wops

338 posts

Posted by wops > 2017-09-18 09:32 | Report Abuse

x dpt sapu habis masih byk nak jual 0.105

7skies

375 posts

Posted by 7skies > 2017-09-18 09:33 | Report Abuse

boleh ka niii? scare anzo hantu woahh

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-09-18 09:34 | Report Abuse

tak boleh sapu kasi turun sikit....

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-18 09:57 | Report Abuse

Tak habis

fl888

7,636 posts

Posted by fl888 > 2017-09-18 10:16 | Report Abuse

Looks likeTakeover target by who ???

Posted by Smart_invest > 2017-09-18 10:16 | Report Abuse

hope not being push down to 0.105 again lolll

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-18 11:10 | Report Abuse

Woots

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-09-18 11:11 | Report Abuse

not to miss the bus, took some 10.5c

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-18 11:19 | Report Abuse

Yup..

Posted by cheapkotex > 2017-09-18 11:26 | Report Abuse

buy rebound

fl888

7,636 posts

Posted by fl888 > 2017-09-18 11:35 | Report Abuse

tp today 11 ???

Jepbest57

73 posts

Posted by Jepbest57 > 2017-09-18 11:36 | Report Abuse

Ini hari naik maa

wops

338 posts

Posted by wops > 2017-09-18 11:46 | Report Abuse

now want to break 0.11 also dificult

Posted by leslieroycarter > 2017-09-18 11:59 | Report Abuse

Very oversold .....someone must have been unloaded the stock in millions just to suppress the price n later bought in at lows of 9-9.5 c....the same old tactic resurfaced again . But sadly , no one came to intervene the abnormal way of trading let alone the enforcement authority.

tecpower

3,536 posts

Posted by tecpower > 2017-09-18 12:01 | Report Abuse

Penny stocks have been bullish recently. Buy Anzo as well.

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-18 12:30 | Report Abuse

Leslie, willing sellers willing buyers is legal ma. it is just part n parcel of the game n nobody will side the retailers, esp those who bought at peak ones will be left to rot. The price suppression may last a duration of 1 year or two for accumulation purposes b4 the price explosion to reward the bottom fishing investors lucrative return of 2 to 3 folds the cost of investment.

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