MAA GROUP BERHAD

KLSE (MYR): MAA (1198)

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Last Price

0.345

Today's Change

-0.005 (1.43%)

Day's Change

0.345 - 0.345

Trading Volume

10,500


7 people like this.

3,375 comment(s). Last comment by Hippopotamuska 1 month ago

jamesooi

397 posts

Posted by jamesooi > 2016-09-01 12:07 | Report Abuse

MAAG is moving , moving , moving, hahahahaha................

WhoKnows

778 posts

Posted by WhoKnows > 2016-09-01 12:25 | Report Abuse

kekekke...... dun get me wrong..... i still have vested interest in MAA and still have confidence in the management..... just very amused the way these people are talking...... "typical heard mentality"??? wakakakakaka.......

and yes, jamesooi, it is moving slightly today, not sure whether is mgmt buyback again, or overall buying sentiments are back !

jamesooi

397 posts

Posted by jamesooi > 2016-09-01 12:30 | Report Abuse

Yes, mgmt buyback again, who can buy 500000 shares in one go, must be big boys and PN 17, Not big boys, i don't think they are interested in this counter, it must be Shares Buy Back.

balvin71

1,153 posts

Posted by balvin71 > 2016-09-01 13:30 | Report Abuse

I was waiting to collect some more at RM0.895. Looks like won't happen.....buy back came in before good hearted sellers :(

DavePower

26 posts

Posted by DavePower > 2016-09-01 13:32 | Report Abuse

Seeing that MAA rose today, the 'general sentiment' guy quickly jumped back in the boat. Now that's worth laughing.

DavePower

26 posts

Posted by DavePower > 2016-09-01 13:33 | Report Abuse

Juz waiting for 0.97 hurdle to clear off.. Then next immediate target will be RM1 ! Woo hoo

jamesooi

397 posts

Posted by jamesooi > 2016-09-01 13:43 | Report Abuse

I am long term for any 2 years waiting for PN17 to be lifted, and waiting for MR. Market to offer for the NTA price of RM2.00+, then I will sell.....

WhoKnows

778 posts

Posted by WhoKnows > 2016-09-01 14:37 | Report Abuse

wakakakkaka......

balvin71

1,153 posts

Posted by balvin71 > 2016-09-01 15:39 | Report Abuse

Current hurdle 0.95....than 0.97.....than 1.00

WhoKnows

778 posts

Posted by WhoKnows > 2016-09-01 15:43 | Report Abuse

think only after announcement of new acquisition will the price surpass the 1.00 mark, till then range bound

balvin71

1,153 posts

Posted by balvin71 > 2016-09-01 16:04 | Report Abuse

Agreed. Good opportunity to collect on pull backs.

henry9889

85 posts

Posted by henry9889 > 2016-09-02 11:47 | Report Abuse

how to accept the share buy back from the company?

WeaponX

66 posts

Posted by WeaponX > 2016-09-02 13:54 | Report Abuse

Time for shopping spree at 915-920!!

DavePower

26 posts

Posted by DavePower > 2016-09-02 13:56 | Report Abuse

Post-Merdeka mega sale! Lol

balvin71

1,153 posts

Posted by balvin71 > 2016-09-02 16:35 | Report Abuse

Henry9889, just sell like how you would normally sell. Company will buy from the market like any other buyer.

henry9889

85 posts

Posted by henry9889 > 2016-09-02 20:48 | Report Abuse

thank you balvin71

candygirl

538 posts

Posted by candygirl > 2016-09-05 17:34 | Report Abuse

2nd interim dividend 3sen !!!!! ex 20/9 ; payment 10/10 . tqvm maa

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-05 17:43 | Report Abuse

Candygirl, thanks for your sweet breaking news.FB LIKE

ch

2,029 posts

Posted by ch > 2016-09-05 19:24 | Report Abuse

PN17 company still able to issue dividend. hehe...

dompeilee

11,887 posts

Posted by dompeilee > 2016-09-05 19:29 | Report Abuse

Another dividend! Yay!!!

sun99

194 posts

Posted by sun99 > 2016-09-05 20:18 | Report Abuse

Good company, consistantly pay dividends

WeaponX

66 posts

Posted by WeaponX > 2016-09-05 22:05 | Report Abuse

with the 3 sen dividend, tomoro's open shud hover around 99 sen from today's 96 sen. From there, it shud breach RM1 by day end & will sail towards RM 1.20! I'm lovin' it!!

balvin71

1,153 posts

Posted by balvin71 > 2016-09-06 07:56 | Report Abuse

Looks like they are continuing with their RM0.06 yearly dividend. At the last AGM they said they intend to give yield higher than Bank FD rate. Looks like they are keeping to their word.

Can't wait for them to buy a profitable company. As once get out of PN17, share price should hit RM2.30. Patience, keep for about a year and can more than double your money.

I am still collecting, the long term dividend adjusted graph still showing a uptrend.

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-09-06 09:38 | Report Abuse

Glad to know the management is given another 3cents dividend! Bravo MAA!

balvin71

1,153 posts

Posted by balvin71 > 2016-09-07 07:53 | Report Abuse

Yesterday was a good day. No buyback, stock up with good volume. Might indicate accumulation has started and will create a new base/support for the share price. Will be nice to see the uptrend continue today without buy back..

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-09-07 09:50 | Report Abuse

NTA above RM2.00, problem is a pn17 counter!, The management needs to bring in core business.

WeaponX

66 posts

Posted by WeaponX > 2016-09-07 13:28 | Report Abuse

Im sure they oredi hav plans in place. Just waitin for the right timing. Anyway, when that day comes, the price will be > 1.50 minimum. So grab this opportunity!!

sun99

194 posts

Posted by sun99 > 2016-09-07 18:40 | Report Abuse

how to get out from PN17?

gthhh

172 posts

Posted by gthhh > 2016-09-07 19:17 | Report Abuse

currently MAA's financials is healthy.. but they still in PN17 position bcos they have no core business after disposed of their takaful insurance business.. so in order to get out from PN17, they have to announce they're buying new business......

balvin71

1,153 posts

Posted by balvin71 > 2016-09-07 21:29 | Report Abuse

Not only buy new business. But have to show 2 quarters of profit after buying the new business and only than make an application to bursa to to get it removed from PN17 status.

Posted by Tonylim8805 > 2016-09-07 22:48 | Report Abuse

Y

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-09-08 09:52 | Report Abuse

If two quarters of losses then delist? :-D

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-09-08 10:31 | Report Abuse

Yes, i agreed with gthhh, MAA is financially healthy! As long as the management continue to create value for the company and increase return for the shareholder, my family and i will continue to support them!

WeaponX

66 posts

Posted by WeaponX > 2016-09-08 17:32 | Report Abuse

TheContrarion: there's no need to make such baseless speculation. if u know your stuff, this counter will soar way above RM 1.20 once they announce an acquisition without even need to wait for any quarter results. I would hav cashed out my handsome profit by then

jamesooi

397 posts

Posted by jamesooi > 2016-09-08 17:48 | Report Abuse

Waiting for that day to come.....

sun99

194 posts

Posted by sun99 > 2016-09-08 19:25 | Report Abuse

When it is going to out from penny stock?

sheep

3,844 posts

Posted by sheep > 2016-09-08 21:13 | Report Abuse

At less two years 2018/19

balvin71

1,153 posts

Posted by balvin71 > 2016-09-09 09:23 | Report Abuse

Looks like many people want to cash out at RM0.99~RM1.00. Got RM0.03 dividend coming also people queue to sell big volume at this range. Effectively, selling RM0.03 lower as losing out on the dividend.

balvin71

1,153 posts

Posted by balvin71 > 2016-09-09 10:57 | Report Abuse

Opportunity to collect some more when get the 3 cent dividend!

sun99

194 posts

Posted by sun99 > 2016-09-09 22:14 | Report Abuse

based on the charting, this company is trending very healthy

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-09 22:19 | Report Abuse

MAA has so much cash power to purchase back its own shares!

linjie

187 posts

Posted by linjie > 2016-09-18 18:36 | Report Abuse

what u mean MBO ?

Posted by invest_101 > 2016-09-18 20:31 | Report Abuse

Doesn't make sense as no significant business to buy into and in addition why would the current major shareholder sell at discount to nta which is predominantly cash. The best thing to hope for is continuous share buyback, cancellation until the right capitalisation for injection of a reasonable business to justify valuation.

balvin71

1,153 posts

Posted by balvin71 > 2016-09-19 10:04 | Report Abuse

At the last AGM/EGM Chairman said won't take company private. Not sure about a MBO

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-19 21:43 | Report Abuse

Worst case scenario, that is until 31 Dec 2016, MAA is still unable to make appropriate acquisitions, the shareholders may be in for another bonanza dividend.

In CIRCULAR TO SHAREHOLDERS dated 6 June 2016, under Part A: 4. Utilisation of Proceeds - Notes (b) " Nevertheless, in the event the Group is unable to utilise the allocated proceeds [RM196,739 million] or identify any suitable and viable new businesses ... the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG..."

Going by the generous dividends declared by MAA in previous years and its large cash reserves, this option is not a remote possibilty. Remember, during these challenging times acquisitions of 2 suitable businesses may be a challenging task as there are about 3 months left to the timeframe extension.

Extraordinary times call for extraordinary strategies.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-09-20 00:41 | Report Abuse

yuanlong, thanks for sharing. Gonna hold for longer term.

dompeilee

11,887 posts

Posted by dompeilee > 2016-09-21 11:35 | Report Abuse

Secured the dividend...now back to the pre-dividend announcement price :D

jamesooi

397 posts

Posted by jamesooi > 2016-09-21 12:56 | Report Abuse

Yesterday saw new buyers showing more interested in this counter even Shares Buy Back only RM0.94 per share for 126,900 shares yet total volume for whole day were 892,400 shares traded.

Now new buyers are buying at higher price for this share. Something good is coming soon......

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