Posted by spectre007 > 2016-03-02 01:12 | Report Abuse

Even if chase at rm1 and keep... still a decent 6% p.a. (2 x of 3 sen each) .. don't think FD's in the bank can pay so much... moreover NTA is 1.46... this stock is a gem...

Posted by theong > 2016-03-03 12:26 | Report Abuse

Correction over .Let see if the price leg up to rm1 again.

Posted by rosepetal > 2016-03-04 09:12 | Report Abuse

any chance for MAA share price to go to rm1.00+?

Posted by theong > 2016-03-04 15:20 | Report Abuse

Next resistance most likely 1.04-1.05

Posted by spectre007 > 2016-03-05 12:27 | Report Abuse

Dividend ex date next week.... woohoo

Posted by JAMESOOI > 2016-03-08 15:33 | Report Abuse

so many days the price support at 0.98. Bollinger Band is narrowing now and just waiting to breakout.

Posted by spectre007 > 2016-03-08 16:24 | Report Abuse

Meaning? Will be up or down?

Posted by JAMESOOI > 2016-03-09 08:08 | Report Abuse

usually the price will go up before ex - dividend

Posted by theong > 2016-03-11 09:14 | Report Abuse

Ex dividend price drop to 0.95 will collect more

Posted by crazy127 > 2016-03-15 20:04 | Report Abuse

I keep MAA for 7year.....buy price 0.28.....can sell now?? Buying 200 lot only...

Posted by balvin71 > 2016-03-16 09:43 | Report Abuse

crazy127, keep a while longer. The charts showing a uptrend (after adjusting for dividend).

Posted by JAMESOOI > 2016-03-16 11:29 | Report Abuse

Crazy127, since you have been patience and keep the shares for so long, and your investment time frame is longer then mine, you must well keep abit longer, patience is the name of the game and going forward, this could be very exciting for the shareholders to see more improvement in the share price trending up.

Posted by Markus See > 2016-03-24 17:12 | Report Abuse

http://www.theedgemarkets.com/my/article/aia-bhd-fy15-pat-tops-rm1b

AIA Bhd FY15 PAT tops RM1b
By Billy Toh / theedgemarkets.com | March 24, 2016 : 2:13 PM MYT

KUALA LUMPUR (March 24): AIA Bhd's operating profit after tax (PAT) rose 8% to more than RM1 billion in financial year ended November 30, 2015 from a year earlier as insurance premium growth outperformed the industry.

Chief executive officer Anusha Thavarajah said AIA's combined conventional life insurance and takaful's annualised new premiums grew 10.7% versus the Malaysian industry's 6% rise.

Anusha said at a media briefing today : “Our excellent results are a clear reflection of our operating ability and strength during times of market uncertainty and short-term volatility."

"They are testimony to the solid foundation we have carefully built since the launch of our transformation strategy three years ago. Malaysia was AIA Group’s third-largest growth market in the 2015 financial year, behind AIA China and Hong Kong,” she said.

According to Anusha, the Malaysian insurance industry still had room for growth.

She said the current insurance penetration rate here was at 56% and the average sum insured per person was less than RM40,000. She said the sum insured should be about RM200,000 per person.

Looking ahead, Anusha said AIA was confident on the life insurance industry’s long-term growth prospect. She said the life insurance sector would continue to benefit from the country’s younger and growing middle-class population besides the nation's rapid urbanisation.

On what differentiates AIA from other insurers in the country, Anusha spoke about AIA's investment in health and technology.

She said the idea was to link insurance with health and wellness. She did not elaborate.

"The initiative is expected to be launched in the second half of this year," she said.

Posted by Markus See > 2016-03-24 17:15 | Report Abuse

Although above news is AIA, ... they are in the same business. :) Better still, Takaful is growing more than conventional insurance.

Posted by theong > 2016-03-29 10:24 | Report Abuse

Wow Melewer already up from below 0.2 to 0.335.

Posted by Markus See > 2016-03-29 12:32 | Report Abuse

also on the other side , Syarikat Takaful stock price is defying gravity everyday since 2012. the valuation is mind boggling. there's huge disconnection between this 2 counters of similar business in terms of valuation.
yes, i'm aware that market behave crazy n irrationally most of the time. i don't ask why. that's the way it is.

Posted by Markus See > 2016-03-29 12:41 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=T&source=M&securityCode=6139

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=M&source=M&securityCode=1198

Takaful trades at 12 times bigger than MAA in terms of market cap.
Revenue is roughly 3 times more only. And its trading almost 5 times its NTA (versus MAA that trades below its NTA).

Posted by theong > 2016-03-29 18:06 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement

MAA GROUP BERHAD


Date of buy back 29 Mar 2016
Description of shares purchased Ordinary Shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 136,800
Minimum price paid for each share purchased ($$) 0.940
Maximum price paid for each share purchased ($$) 0.940
Total consideration paid ($$) 129,170.82
Number of shares purchased retained in treasury (units) 136,800
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 2,405,800
Adjusted issued capital after cancellation
(no. of shares) (units) 292,692,252
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.82200
Write a comment..

Posted by theong > 2016-03-30 21:19 | Report Abuse

Today company buyback at 0.94.

Posted by balvin71 > 2016-03-31 07:57 | Report Abuse

Nice to see MAA supporting the price at 0.94. We we look back, every time they start to support, the stock will go up to the next level soon. Today getting dividend.....can buy some more....hehehe

Posted by theong > 2016-04-01 06:34 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement

MAA GROUP BERHAD


Date of buy back 31 Mar 2016
Description of shares purchased Ordinary shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 100,000
Minimum price paid for each share purchased ($$) 0.940
Maximum price paid for each share purchased ($$) 0.940
Total consideration paid ($$) 94,721.73
Number of shares purchased retained in treasury (units) 100,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 2,688,000
Adjusted issued capital after cancellation
(no. of shares) (units) 292,692,252
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.9180
Write a comment..

Posted by Markus See > 2016-04-01 13:59 | Report Abuse

What pisses me about MAA board are : Why can't they get MAA out of PN17 after so many years with some minor corporate restructuring (not rocket science to switch its core business to takaful right after selling their core conventional insurance biz?) Why didn't Yacoob & Umar leverage on their status & connections to mingle more with those fat cats & analysts so that they can cover us. I mean they are very well-known people in finance industry and elites. Yeah, they always appear on Tatler n all those shits. Not difficult to ask your friends to "support"...

On the other hand, this STM is getting re-rated despite being "over-valued relative to MAA". Today's paper :-

CIMB Research has maintained its “add” rating on Syarikat Takaful Malaysia Bhd (STM) given its potential re-rating catalysts.

“We continue to rate an ‘add’, given the potential re-rating catalysts of good growth prospects in the Takaful industry, bright earnings outlook with projected earnings per share (EPS) growth of 16.8% in FY16 and 12.3% in FY17, and one of the strongest return on equity of 25-26% among the financial services stocks in Malaysia,”

CIMB said STM management sees a stable outlook for the Takaful industry in 2016. It said the strong growth in this segment would partly come from the cannibalisation of the conventional insurance premiums. It is aiming for a gross contributions (premium) growth of 15% in 2016, which is higher than CIMB’s projected 10.7%



I like how they wrote ..."cannibalisation of the conventional insurance premiums.." :D :D
Anyway pardon my rant. Just want to vent it after reading the "add" rating on STM.
I thank MAA for the generous dividend. Thanks Umar. Looking forward to another 3 cents again. But please do more... Cheers

Posted by theong > 2016-04-04 17:57 | Report Abuse

Company buy back now at 0.95 - 0.96 .It difficult to buy at .95.

Posted by theong > 2016-04-04 18:11 | Report Abuse

otice of Shares Buy Back - Immediate Announcement

MAA GROUP BERHAD

Date of buy back 04 Apr 2016
Description of shares purchased Ordinary Shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 175,000
Minimum price paid for each share purchased ($$) 0.950
Maximum price paid for each share purchased ($$) 0.960
Total consideration paid ($$) 168,404.45
Number of shares purchased retained in treasury (units) 175,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 2,863,000
Adjusted issued capital after cancellation
(no. of shares) (units) 292,692,252
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.97800

Posted by lee_suina > 2016-04-04 20:41 | Report Abuse

market is down bt still some stocks are there who providing the profit as like MAA, it is going, from starting it was in gd position...with this uems also gd to investment..they versified these stocks also...

Posted by 99kandar > 2016-04-04 21:15 | Report Abuse

beli masok peti beku...
tunggu atas 1 buck baru jenguk la

Posted by theong > 2016-04-05 17:33 | Report Abuse

otice of Share Buy Back Immediate Announcement(201604054700131)
Company Name MAA GROUP BERHAD
Stock Code / Short Name 1198 / MAA
Date & Time Announce 05/04/2016 05:19:36 PM
Subject Notice of Shares Buy Back Immediate Announcement

Content
Date of buy back (From) : 05/04/2016
Date of buy back (To) : 05/04/2016
Stock par value : 0.000
Total number of shares purchased(units) : 20,000

Minimum price paid of each share purchased (RM) : 0.955
Maximum price paid for each share purchased (RM) : 0.955
Total consideration paid (RM) : 19,247.550

Number of shares purchased retained in treasury (units) : 20,000
Number of shares purchased which are proposed to be cancelled (units) : 0
Culmulative net outstanding treasury shares as at to-date (units) : 2,883,000
Adjusted issued capital after cancellation (no. of shares) (units) : 292,692,252

Date lodged with ROC : No Date Stated
Lodged by :

Buy back at 0.955

Posted by theong > 2016-04-13 17:45 | Report Abuse

Getting more interesting share buy back at 0.96 and 0.965
Notice of Shares Buy Back - Immediate Announcement

MAA GROUP BERHAD

Date of buy back 13 Apr 2016
Description of shares purchased Ordinary Shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 196,200
Minimum price paid for each share purchased ($$) 0.960
Maximum price paid for each share purchased ($$) 0.965
Total consideration paid ($$) 189,790.52
Number of shares purchased retained in treasury (units) 196,200
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 4,005,200
Adjusted issued capital after cancellation
(no. of shares) (units) 292,692,252
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.3680

Posted by dompeilee > 2016-04-14 12:22 | Report Abuse

Got so many cheques since the company resumed paying dividends after a kosong period from 2007-2012 and now the price is trying to re-attack 1.00 again :D

Posted by theong > 2016-04-18 18:57 | Report Abuse

Date Shares Acquired Min Price Max Price Treasury Shares
18/04/2016 233,200 0.970 0.970 4,238,400
13/04/2016 196,200 0.960 0.965 4,005,200
12/04/2016 61,700 0.950 0.960 3,809,000
11/04/2016 217,600 0.960 0.960 3,747,300
08/04/2016 65,700 0.955 0.955 3,529,700
07/04/2016 229,000 0.960 0.960 3,464,000
06/04/2016 352,000 0.955 0.960 3,235,000
05/04/2016 20,000 0.955 0.955 2,883,000
04/04/2016 175,000 0.950 0.960 2,863,000
31/03/2016 100,000 0.940 0.940 2,688,000
30/03/2016 182,200 0.940 0.940 2,588,000
29/03/2016 136,800 0.940 0.940 2,405,80

Posted by balvin71 > 2016-04-20 17:11 | Report Abuse

NavinShah, What do you mean by batu?

Posted by theong > 2016-04-21 17:12 | Report Abuse

Actually if including the recently xd the price already more than 1

Posted by balvin71 > 2016-04-22 12:09 | Report Abuse

It is consolidating at the 0.97/0.98 level after the div of 0.03. This is good. Going forward, 0.97 is the new support level. After consolidating, will resume up-trend.

Posted by balvin71 > 2016-04-24 21:18 | Report Abuse

I first bought MAA about 1.5 years ago. At that time, the dividend yield was fantastic. It is still good. Recently, there was an announcement on the sale of their takaful biz to Zurich. When ever I have excess funds, I keep on buying. I am still accumulating. Reason: I believe there is still upside from current level once the announcement is made on the price. Otherwise the company won't be buying back their shares.

Posted by yapts > 2016-04-25 17:15 | Report Abuse

Will test 1.00 this week!

Posted by theong > 2016-04-25 18:09 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement

MAA GROUP BERHAD

Date of buy back 25 Apr 2016
Description of shares purchased Ordinary Shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 116,000
Minimum price paid for each share purchased ($$) 0.975
Maximum price paid for each share purchased ($$) 0.980
Total consideration paid ($$) 113,737.67
Number of shares purchased retained in treasury (units) 116,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 4,535,200
Adjusted issued capital after cancellation
(no. of shares) (units) 292,692,252
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.54900
Now buyback at 0.975 to 0.98

Posted by balvin71 > 2016-04-25 18:57 | Report Abuse

New support at 0.98....glad I picked up a bit more at 0.965 today :)

Posted by theong > 2016-04-26 12:02 | Report Abuse

Getting more interesting company back at 0.985 ??? today.

Posted by theong > 2016-04-26 12:45 | Report Abuse

It now or never ,

Posted by jamesooi > 2016-04-26 13:39 | Report Abuse

MAA chart on 26/04/2016 shows bullish and strong uptrend, yet the share price goes up slowly compare to other goreng counters.
Invest in MAA shares, it is a patience game due to good news only that the share price can fly. But I know i invest in MAA due to sale of business and assets plays. it takes time to negotiate for the sale of the business.
This final round of waiting for the approval for the sale of MAA Takaful is not far away for the sale to materialize.
MAA share is the seller market and if you want the shares, you have to pay for higher price in order to accumulate. Demand is stronger than the supply.
So, patience investors to see more improvement in the share price trending up and something good is coming and "Good things come to those who wait"
Do you know how much MAA is worth as a company, and i just do a simple calculation and take a few items from the balance sheet as at 31-12-2015.
Cash after shares buyback as at todate is RM346,658,000-00 my estimated figure. Cash per share in the bank is RM1.20. Today shares price in BURSA is only RM0.985 in the morning session today 26/04/2016.
Shares buyback latest figure is 4,535,200 shares. NTA as at 31-12-2015 was RM1.41 per share . The Management cancelled company shares buyback totalling was 11,661,500. Now MAA Paid-Up Capital of 292,692,252 shares in the market. With the shares buyback as at todate of 4,535,200 shares, the market float only left with 288,157,052 shares.
If the approval for the sale of MAA Takaful is materialize,
Extract from i3investor.comsharing by NOBY on 15/12/2015 on - P/B valuations , Based on last annual report,
MAA Takaful minority interest = 25%
MAA Takaful minority interest book value = RM 29.4 mil
MAA Takaful controlling stake = 75%
Valuation of MAA Takaful (75% stake) on different P/B scenarios
P/B =1x , RM 0.29
P/B =1.5x, RM 0.44
P/B =2x, RM 0.59
If MAA Takaful valuation is 1X, worth RM0.29 per share, the NTA ia worth RM1.70 per share.
If MAA Takaful valuation is 2X, worth RM0.59 per share, the NTA ia worth RM2.00 per share.
I will be happy if the valuation on sale of Takaful is estimated at 1X only, the NTA is RM1.700 per share.
This counter to me is still undervalue stock....... and I am a shareholder of MAAG.
I am very bullish on MAA.
It is for education sharing only and i am not recommend anybody to buy, and if you choose to buy MAAG, it is solely your responsibility on your action.

Posted by jamesooi > 2016-04-27 13:53 | Report Abuse

MAAG market value per share is RM0.995. NTA as at 31/12/2015 is RM1.41 per share.
MAAG with a price discount of RM 0.415 per share.

Posted by Min Hua Eeo > 2016-04-27 14:49 | Report Abuse

RM1.00

Posted by Carson Teor > 2016-04-27 14:50 | Report Abuse

finally touch 1.01

Posted by theong > 2016-04-27 14:55 | Report Abuse

New height 1.02 as now

Posted by balvin71 > 2016-04-27 14:57 | Report Abuse

Moving....hope momentum continues all the way to RM2.00

Posted by yapts > 2016-04-27 14:59 | Report Abuse

Big Boys collecting! Something BIG is imminent!

Posted by yapts > 2016-04-27 15:00 | Report Abuse

9338!!!

Posted by moneycashrich > 2016-04-27 15:06 | Report Abuse

Thanks to Jamesooi and Theong for u updates. Happy that MAA cross RM1.00 today. Still do not have the mood to sell.

Posted by yapts > 2016-04-27 15:31 | Report Abuse

1.03 is a very strong resistance. Check back 2011 many got caught at this price!

Posted by Markus See > 2016-04-27 15:33 | Report Abuse

This is the stock that i can hold and sleep well regardless the political outcome, who is replacing Tan Sri Zeti, the implosion of 1MDB debt default, the commodities prices slump, etc...