MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.09

Today's Change

0.00 (0.00%)

Day's Change

0.09 - 0.095

Trading Volume

1,451,000


7 people like this.

13,220 comment(s). Last comment by fl888 1 week ago

Wonder88

128 posts

Posted by Wonder88 > 2017-09-19 20:49 | Report Abuse

Don think it will break 0.095, however shud rebound 2molo(as long as no Big external issue)
Price range from 0.095, 0.10, 0.105 0.110/0.115 (Target)

CalvinKang

141 posts

Posted by CalvinKang > 2017-09-19 21:44 | Report Abuse

just be patient.. contra players have all been flushed out..due to the very cheap price..the price can be pushed up very easily..

Shawnchng

68 posts

Posted by Shawnchng > 2017-09-19 22:15 | Report Abuse

Hold long term.

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-19 22:27 | Report Abuse

Good buy

Shawnchng

68 posts

Posted by Shawnchng > 2017-09-19 22:29 | Report Abuse

RSI 9,14 all oversold haha

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-19 22:31 | Report Abuse

If you guys are pessimistic, go and stalk anzo and netx as well, see what's their views on mlab

greedy44

735 posts

Posted by greedy44 > 2017-09-20 08:46 | Report Abuse

This stock should reward you handsomely if keep for some time as more positive news may come out from Red Dragon soon.

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 09:04 | Report Abuse

Quite safe price

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 09:10 | Report Abuse

My broker strongly advice me too buy right now..he said movement is obvious..reward is big

Shawnchng

68 posts

Posted by Shawnchng > 2017-09-20 09:22 | Report Abuse

Soon!

CyberLYW

19 posts

Posted by CyberLYW > 2017-09-20 09:26 | Report Abuse

Emmm really have big reward $_$ . Need hold long term.? I think buy 5k for this counter is ok. All Sifu give some tip for me how to do. Still new at Investment Stock . :-)

Shawnchng

68 posts

Posted by Shawnchng > 2017-09-20 09:30 | Report Abuse

It depends on your trading style. Some say short term some say long term. The only best way is to do your homework on the company. Read their annual report,etc. look at balance sheets. And at the end of the day, value it.

Shawnchng

68 posts

Posted by Shawnchng > 2017-09-20 09:31 | Report Abuse

If you think a company is worth RM1, but the current prixe is RM0.8, then its a buy. Haha, it all depends on yourself.

Posted by karhongkhit > 2017-09-20 09:35 | Report Abuse

i bought in again, to lower down average price, easier to run when go up. currently plan to hold it for awhile.

CyberLYW

19 posts

Posted by CyberLYW > 2017-09-20 09:38 | Report Abuse

Thank you sifu @Shawnchng

Shawnchng

68 posts

Posted by Shawnchng > 2017-09-20 09:40 | Report Abuse

Am not a sifu. Just a guy who cari makan. Hahaha

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 09:41 | Report Abuse

My boss bought alot at 0.1

CyberLYW

19 posts

Posted by CyberLYW > 2017-09-20 09:45 | Report Abuse

@Shawnchng more better a lot than me . Me just know nothing. Just know buy low and invest see and high sell . That only I just know . But until now I still not sell a single share in a month :-p

CyberLYW

19 posts

Posted by CyberLYW > 2017-09-20 09:47 | Report Abuse

@Mosiong Wong
Your boss BUY a lot ......
Boss position must buy more than 50k

gghaha

1,639 posts

Posted by gghaha > 2017-09-20 10:09 | Report Abuse

all prepare to be stuck at least year ....this stk is going to winter sleep.....

KingLucy

65 posts

Posted by KingLucy > 2017-09-20 10:13 | Report Abuse

Will take a looong time to rebounce, maybe years. Dont hope for short term, it will disappoint you.

CyberLYW

19 posts

Posted by CyberLYW > 2017-09-20 10:14 | Report Abuse

@gghaha @KingLucy
Any recommended counter to invest .? :-)

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 12:48 | Report Abuse

He dump around rm150k @0.100 he said better than bank FD. I asked how confident..he said just a matter of time the stock will surge again

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 14:43 | Report Abuse

Demand weight increasing for 0.095 than 0.100 :)

Posted by RobbinBuffet > 2017-09-20 14:45 | Report Abuse

9.5 wall is almost gone!

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 14:54 | Report Abuse

Driving force weighing heavy down on to level 0.090 - good buy!

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 15:04 | Report Abuse

0.095 going fast! Those who want to buy for keeps.. Oops too late.

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 15:05 | Report Abuse

Breaking into 0.090 .... :)

fl888

7,664 posts

Posted by fl888 > 2017-09-20 15:11 | Report Abuse

Why Netx and AsiaBio buy to become substantial shareholders at 15cts ?.

Woot2

306 posts

Posted by Woot2 > 2017-09-20 15:14 | Report Abuse

think logic lorr xD

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 15:39 | Report Abuse

Support is not at 0.100. It may come back to 0.100 once 0.090 is done.

lbp83

168 posts

Posted by lbp83 > 2017-09-20 15:44 | Report Abuse

silent pls

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-20 15:47 | Report Abuse

Dont know then diam lo, act what smart

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 16:13 | Report Abuse

Wow, buy 100 vs. sell 300,000, buy 100, sell 100,000; buy 100, sell 270,000; buy 100, sell 500,000; buy 100, sell 500,000 buy 100, sell 1,000,000...

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 16:14 | Report Abuse

buy 0.95 - sell 0.90...

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 16:14 | Report Abuse

Lau Sai ke?

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 16:19 | Report Abuse

Crooks dumping

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 16:24 | Report Abuse

Game is on..show coming soon.

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 16:25 | Report Abuse

Looks like panic selling. No news? Safe to buy at 0.090?

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 16:28 | Report Abuse

Panic selling case lo..been selling for 3-4weeks ady

Posted by kingsley123 > 2017-09-20 16:31 | Report Abuse

will it rebound?

Matrixqc

226 posts

Posted by Matrixqc > 2017-09-20 16:33 | Report Abuse

It's good that crooks are leaving... leaving MLabs alone for a while!

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 16:57 | Report Abuse

Closed at 0.095..fui

Mosiong Wong

1,826 posts

Posted by Mosiong Wong > 2017-09-20 16:57 | Report Abuse

Tmr we see..got ppl start sapu ady

dadada123

140 posts

Posted by dadada123 > 2017-09-20 17:36 | Report Abuse

current price alrd lower than 2 right share + warrant-B at .15. But this share might at the bottom for a few months. or even up to a year. Buy only if u have strong holding power.

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-20 18:26 | Report Abuse

This share will go up or not, not depends on the lucks. It all depends on the company's future, if anyone is working inside, then should be good, or else waiting big sharks to come help.

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-20 19:04 | Report Abuse

Sulhi Azman/theedgemarkets.com

September 11, 2017 14:23 pm MYT



KUALA LUMPUR (Sept 11): Mlabs Systems Bhd announced its rights shares, which was sweetened with warrants, has received a 96.34% in subscription and will be listed on Sept 15.

According to Mlabs, it has received a 46.77% in total valid acceptances, while total valid excess applications amounted to 49.57%.

“Successful applicants of the rights shares will be given Warrants B on the basis of 1 Warrant B for every 2 Rights Shares (one-for-two) successfully subscribed for,” Mlabs said in a filing with Bursa Malaysia today.

In an abridged prospectus dated Aug 11, 2017, Mlabs had said it intends to raise a minimum gross proceed of RM4.5 million and a maximum gross proceed of RM79.23 million, which will be used to develop and market its mobile applications, working capital and potential acquisition of entities related to its business.

The cash proceeds, Mlabs had said, will be raised by issuing 528.17 million rights shares at an issue price of 15 sen per share, which will be sweetened with 264.08 million of free detachable warrants on the basis of one warrant for every two rights shares.

Listed on the ACE Market, shares in Mlabs rose one sen or 7.14% to pause at 15 sen today, giving the videoconferencing marketer a market capitalisation of RM87.67 million.

Kai Loon

212 posts

Posted by Kai Loon > 2017-09-20 19:04 | Report Abuse

Someone asked for it, now only i found it

RedEagle

3,194 posts

Posted by RedEagle > 2017-09-20 20:21 | Report Abuse

Naik minyak

fl888

7,664 posts

Posted by fl888 > 2017-09-20 23:32 | Report Abuse

Nearly rm79.23 million bank balance from right issues so should be ok ...to go up...

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