MAA GROUP BERHAD

KLSE (MYR): MAA (1198)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-10-05 09:38 | Report Abuse

Ok, thanks balvin71.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-10-12 17:06 | Report Abuse

rohank71, go back to Reach forum. Don't kacau here.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-10-12 23:21 | Report Abuse

Where are all the shareholders of MAA? It's getting eerily quiet now!

balvin71

1,153 posts

Posted by balvin71 > 2016-10-13 08:40 | Report Abuse

I am watching on the side. There won't be any upward action until announcement of getting into a new core biz. The catalyst will be once the new core biz start reporting profits for 2 quarters and out of PN17....my guess it will be some time in 3rd quarter of 2017.

If the stock drop below 0.90, will pick up some more. This quarter result expected to be report a loss....hoping to pick up more shares during that time.

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-10-13 08:58 | Report Abuse

MAA is holding 30% of Kasturi Tuition Group? Anyone?

WeaponX

66 posts

Posted by WeaponX > 2016-10-13 10:28 | Report Abuse

Silent coz people finali realised the only catalyst now is mgmt buyback. As the buyback has stopped, there's only 1 direction i.e. Down.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-10-13 10:35 | Report Abuse

How much FD interest would MAA earn from the cash it received from the sale proceeds in the 3rd quarter?

balvin71

1,153 posts

Posted by balvin71 > 2016-10-13 19:57 | Report Abuse

I think not enough to cover the director fees and operational expenses.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-10-17 18:58 | Report Abuse

MAA has resumed share buy back today. All the talk about an MGO was pure bullshit.

balvin71

1,153 posts

Posted by balvin71 > 2016-10-17 22:18 | Report Abuse

Rohank71 deleted all of his comments!

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-10-17 22:58 | Report Abuse

rohank71 shit stirrer?

moneycashrich

2,101 posts

Posted by moneycashrich > 2016-10-18 12:01 | Report Abuse

The buyback support is still alive. So far so happy. Nobody believe rubbish posts....haha.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-10-19 23:10 | Report Abuse

Rohank71 sneaky comments and deletion of all his own comments showed he is a counter disruptor with evil intentions, a pariah.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-02 12:21 | Report Abuse

Down because no MGO.

WeaponX

66 posts

Posted by WeaponX > 2016-11-02 21:55 | Report Abuse

Wrong... Bcoz no buybacks. Its a matter of time before price goes down further with no buybacks & regularisation dateline running closer each day.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-03 04:33 | Report Abuse

No worries, regularization dateline can be extended as they only disposed of the takaful business on 30th June this year

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-03 17:41 | Report Abuse

Someone's shares been forced sold every day.

jamesooi

397 posts

Posted by jamesooi > 2016-11-11 17:47 | Report Abuse

Repost from 30/8/2016
This stock is not a contra counter. Don't assume Shares Buy Back can help you to make money. On 26/8/2016 volume traded was 2,346,600 shares. The Management Shares Buy Back was 1,474,600 shares with the min price RM0.93 to max price RM0.95. Yet share price this morning is lowest at RM0.915. No Sense, right? So, MAAG is no play, play counter. Only if you have the money to pick up the shares, then you will well rewarded in the long term.
-------
Share price keep coming down due to impatient retail investors selling, it is too long await for the new business acquisition by the Manegament.

SO, Warren Buffett quotes " be fearful when others are greedy and greedy only when others are fearful.”

So, patience, patience, 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 soon and something good is coming and "Good things come to those who wait"

I still very bullish and long MAAG.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-11 20:11 | Report Abuse

Today bought @ 88.5 sen.

balvin71

1,153 posts

Posted by balvin71 > 2016-11-14 08:06 | Report Abuse

I was also thinking of buying at RM0.885. Just that, right now, the market very uncertain with downward pressure, so staying on the side lines. Looking at it, it is a good buy, tempted.....see how today :)

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-14 09:29 | Report Abuse

Today lower.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-15 11:29 | Report Abuse

I think prices have fallen sufficiently low enough to buy.

balvin71

1,153 posts

Posted by balvin71 > 2016-11-15 14:44 | Report Abuse

Danny has spoken....share will go up now. Happen so many times, Danny say share down, than up. When he not say anything, share down. Hahaha

balvin71

1,153 posts

Posted by balvin71 > 2016-11-15 18:23 | Report Abuse

I did, didn't you notice the volume more than 4 times the last 4 weeks average?

jamesooi

397 posts

Posted by jamesooi > 2016-11-17 09:06 | Report Abuse

No more pressure selling only small lots offer for sale. Time to move up soon.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-17 13:34 | Report Abuse

Problem is no buying interest.

jamesooi

397 posts

Posted by jamesooi > 2016-11-17 15:19 | Report Abuse

Warren Buffett quotes " be fearful when others are greedy and greedy only when others are fearful.”

danny123

1,193 posts

Posted by danny123 > 2016-11-17 15:57 | Report Abuse

malaysia didnt ve warren buffett, malaysia ve MO1
bye bye stock

balvin71

1,153 posts

Posted by balvin71 > 2016-11-17 20:02 | Report Abuse

Follow the big money. Up on big volume. Down with low volume. 2 days ago, big volume, not company buy back. Big money buying. Soon will be up.

jamesooi

397 posts

Posted by jamesooi > 2016-11-18 08:39 | Report Abuse

Falling volume during a bear market is actually bullish…

danny123

1,193 posts

Posted by danny123 > 2016-11-18 16:06 | Report Abuse

coming down also bullish, going up also bullish
what u guy talking about.
this stock is bearish, it may come to 0.55

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-18 19:24 | Report Abuse

Forced selling is over.

candygirl

538 posts

Posted by candygirl > 2016-11-18 23:47 | Report Abuse

Danny why you want it to come down to 0.55 ? So that you can buy ? Fat hope . Sounds like you're here to frighten those who are holding it . Bad boy danny !!

danny123

1,193 posts

Posted by danny123 > 2016-11-19 11:41 | Report Abuse

In d market u dont call him bad or good guy, trade smart protect ur profit, d chart show bearish

danny123

1,193 posts

Posted by danny123 > 2016-11-19 11:43 | Report Abuse

Im not asking u to sell or buy, im just telling u this counter is bearish, formation double top

Posted by faberlicious > 2016-11-20 09:50 | Report Abuse

Drop to 55 sens? Ya,you keep dreaming until 2020. @0.865 it gives a 6.93% vield ,very attractive by any standard even better than Reits.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-20 10:11 | Report Abuse

Below 90 sen is an attractive price to accumulate.

Posted by faberlicious > 2016-11-20 10:14 | Report Abuse

@TheContrarian

Yup,buying opportunity.

TheContrarian

9,089 posts

Posted by TheContrarian > 2016-11-20 10:29 | Report Abuse

Have been accumulating at 88.5 to 89 sen this month.

Posted by faberlicious > 2016-11-20 10:53 | Report Abuse

More chances to buy at bargain prices in current bearish market.Buy slowly ,accumulate as we don't know when is lowest price. Cheers.

balvin71

1,153 posts

Posted by balvin71 > 2016-11-22 08:38 | Report Abuse

Agreed with the comments above.
1. RM0.55 - unlikely, more like impossible/improbable. If 0.55, dividend yield will be over 10%. Many will sapu at higher prices.
2. Current price, dividend yield of 6.8% makes this stock very attractive. Better than FD rates at banks and above inflation rate.
3. Stock price currently below the cash per share.
4. Once buy profitable business, out of PN17, can expect price to go up by close to 50%. My time frame is within the next 12 months.

The above reasons is why I recently added some more.

jamesooi

397 posts

Posted by jamesooi > 2016-11-24 11:57 | Report Abuse

Buy at bargain prices of 0.895 sen is given the dividend yield of 6.7% p.a. Adjusted NTA is RM2.05 per share after Shares Buy Back by the Management todate.

pharker

1,089 posts

Posted by pharker > 2016-11-24 16:00 | Report Abuse

Sitting on a pile of cash that is depleting day by day due to -

1. losses
2. uncontrolled opex - management directionless- so only way to enrich themselves is to creatively spending on non-productive expenses that goes into their pockets..like staff benefits etc
3. same goes for the directors
that
if this is left unchecked, the rate of depletion will accelerate..but due to the huge cash pile, it may take a while until people realized that one day it is going to vanish..unless they find a biz that generates profit n cashflow

pharker

1,089 posts

Posted by pharker > 2016-11-24 16:07 | Report Abuse

Also since they do not have a solid profit generating business and siting on a pile of cash, so only way to prop up the share price is to buy back own shares..this will also deplete the cash pile but temporary prop up the share price but at a cost of diminishing cashflow.....then until one day when the balance tilt and people realize that the depleting cash pile to buy back shares cannot justify the price prop up...then day of reckoning will come and its hell break loose

jamesooi

397 posts

Posted by jamesooi > 2016-11-24 17:43 | Report Abuse

Very scary information and hope that you are wrong. i know it is noise.

balvin71

1,153 posts

Posted by balvin71 > 2016-11-25 11:15 | Report Abuse

Yes, there is a risk.
1. Without biz, make losses and over time depletes cash.
2. Directors go on a spending spree. Go to US, produce a film, buy expensive art & properties etc.
3. Share buy back depletes the funds.

There is this sort of risk with any company you invest in, just different degree. Where directors might misappropriate funds, pay themselves too much, spend on unnecessary things etc. But we must calculate the risk. If don't want any risk, put money in the bank.

moneycashrich

2,101 posts

Posted by moneycashrich > 2016-11-25 11:34 | Report Abuse

Thanks to Balvin71 and James for u insight.

danny123

1,193 posts

Posted by danny123 > 2016-11-25 18:06 | Report Abuse

I agree wth pharker, spent share holder money, after all he ve 36% only
Talking about dividend , d company may not pay u 6 cents every yr, dont dream
Another reason , company may buy over value assets, maybe pay extra 30% , who know??

danny123

1,193 posts

Posted by danny123 > 2016-11-25 18:07 | Report Abuse

So wait n see 55 cents come or not
Chart very bearish

candygirl

538 posts

Posted by candygirl > 2016-11-26 01:59 | Report Abuse

So bearish why are you still here ?? Come back when the share price is at 0.55

Post a Comment
Market Buzz