TheContrarian QR Congrat the contra seem sapu below 60sen recently is a good start My another super underval beside Maa is Insas and Osk mnrb I hope this big 4 MAA INSAS OSK MNRB can give me big big Ang pow
Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is pleased to announce that a recent Geos Mining Mineral Resource Estimate (MRE), based on the Kerrigan kaolin, reported an Inferred Resource of 125 million tonnes at an ISO brightness of 85.2%. This is a significant increase (47%) on the previous Geos Mining 2011 estimate of 85 million tonnes at an ISO brightness of 85.1%
Altech is currently constructing a battery materials coating pilot plant in Germany to demonstrate its patented Silumina AnodesTM technology, targeted to supply the burgeoning European electric vehicle market. In addition, on 20 April 2022, Altech released to the ASX an announcement entitled ‘Altech – Outstanding Preliminary Feasibility Study for Silumina AnodesTM Battery Materials Project’.
SCGM is paying a special dividend of RM2.21 to its shareholders. The company prioritizes the interest of the shareholders and is rewarding its shareholder when their cash balance is ballooning. The act of SCGM's management is commendable and exemplary to the market. Do you think the management of MAA will also do the same to reward its shareholders with dividends?
Poor management by the present director board under TY. Since no privatization by him anymore plus no dividend payment as promised. And he and his groups hold less than 50 % of the shares. The minority shareholders should put up an resolution to remove the present directors board.
KNM board is now controlled by TY people. For some strange reason, TY seem to always keen in this sector. Previously, Malaysian Merchant Marine Berhad (MMM) , Trenergy Berhad, Siam Power .. Not good outcome on company level. I honestly don't know why he thinks he can turn around KNM with almost same people. I wonder if they benefited or shouldn't it be "once bitten, twice shy" case?
We the shareholders of MAA entrusted the board of directors to maximize the return to shareholders, not maximize the losses to shareholders. If the board is unable to carry out this duty proficiently, why not resign and let other capable people do it.
TY buying KNM and start selling its prize asset just like he bought MAA and sold its main business which generated most of its revenue. KNM may soon become PN17 by selling off its main business unit. And then will take years to find a core business like MAA?
May I know when is the Maa Agm? Someone should put up an resolution to remove TY and his partner. Then he will buy back the shares or make another privatization effort because worry losing controlling stake. At present he is holding less than 50%.So we should gather for the effort to remove him. After that any one also can be the new chairman and ceo. Just following up with his footsteps sales all the assets and return back all the money RM2 pershare to the shareholders. Then everyone will happy including TY.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by TheContrarian > 2022-02-25 17:54 | Report Abuse