Posted by sheep > 2018-02-28 16:03 | Report Abuse

good dividend?

Posted by jamesooi > 2018-02-28 16:28 | Report Abuse

Pushing higher and i think every shareholder is expecting dividend may announce in line with the 4th Q results.
And knowing the major shareholder is in needs of money for his other companies for the Right issues soon, I am sure he is going to declare dividend for the retail shareholders.

Posted by TheContrarian > 2018-02-28 18:14 | Report Abuse

3 sen dividend.

Posted by jamesooi > 2018-03-01 07:13 | Report Abuse

MAA Quarterly report on consolidated results for the financial period ended 31/12/2017, on page No 35 on point B14 Dividend Payable....
" The Board of Directors has approved the payment of a first interim dividend of 3 sen per share under the single-tier dividend system in respect of the financial year ending 31 December 2018. The interim dividend payment date will be announced later. "

Posted by firehawk > 2018-03-01 09:19 | Report Abuse

thks, james!

Posted by Lim Low Phin > 2018-03-02 15:45 | Report Abuse

WHY GOT PLENTY OF MONEY AND YET CANT DECIDE WHEN TO PAY ?
SOLD TO ZURICH IN 2011 ? 7 YEARS LATER STILL UNDER PN17. REALLY FUNNY !!

Posted by danny123 > 2018-03-02 16:17 | Report Abuse

MAKAN SENDIRI, SAPU SEMUA

Posted by TA_trader > 2018-03-02 17:37 | Report Abuse

Danny123...dont change topic. I very curious why u deleted your previoue post.

Posted by balvin71 > 2018-03-02 22:00 | Report Abuse

Wow!!! Got people who don't read/understand the whole story and make statement like questions. My advice, don't invest in something you don't understand.

Posted by firehawk > 2018-03-07 16:06 | Report Abuse

price is closely manipulated ....

Posted by jamesooi > 2018-03-12 11:47 | Report Abuse

The Board of Directors of MAAG is pleased to propose a declaration of First interim dividend of 3 sen per share under the Single-Tier Dividend System in respect of the financial year ending 31 December 2018 to be paid on 25 April 2018 to Depositors registered in the Record of Depositors at the closure of business on 22 March 2018.

Posted by firehawk > 2018-03-26 10:44 | Report Abuse

trend --> sliding, sliding, sliding .... below 70sen :-(

Posted by kenny_G > 2018-04-01 11:50 | Report Abuse

Monitor a few month before invest..any idea ??

Posted by balvin71 > 2018-04-02 13:22 | Report Abuse

I am waiting for them to acquire new core biz in Malaysia in order to get out of PN17. Just taking longer than I would like. Thought it would have been done by now. Guess have to wait till the next AGM to get updates. Hope got new info at the AGM and not give the same answers as last year.

Posted by candygirl > 2018-04-03 00:00 | Report Abuse

which is better to acquire a new business or just distribute everything back to the stakeholders ?

Posted by sheep > 2018-04-03 20:40 | Report Abuse

MAA GROUP BERHAD ("MAAG" OR "COMPANY")

PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD ("PROPOSAL")

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5745025

Posted by TA_trader > 2018-04-03 21:13 | Report Abuse

What does it mean ya?

Posted by apolloang > 2018-04-03 21:19 | Report Abuse

investment in Russia good ar? sumatec oil in kazakhtan,georgetown studios in England all gone.

Posted by apolloang > 2018-04-03 21:35 | Report Abuse

insurance company got experience in the oil industry? soon the 28 mil is gone

Posted by apolloang > 2018-04-03 22:04 | Report Abuse

melewar all losses one,power in Tanzania also rugi.oil no experience.and wif only 28mil how to invest in oil industry? even sumatec invest more than 500 mil

Posted by apolloang > 2018-04-03 22:05 | Report Abuse

28 mil is for their pocket money in the expense of the shareholders lah.....hahaha,just like fgv buy the indo oil palm stock

Posted by jamesooi > 2018-04-04 06:27 | Report Abuse

Wow, now MAA is so cheap after proposed variation to the utilisation of proceeds from the disposal of MAA TAKAFUL BHD.

Posted by danny123 > 2018-04-04 09:20 | Report Abuse

Can propose to use the 28 million donate to PUTIN to fight again TRUMP

Posted by markus > 2018-04-04 17:46 | Report Abuse

"RM28.00 million for a potential investment in an independent oil producer in Kaliningrad, Russia. " .... RUSSIA?? Really????? Of all places.... What are they smoking in the office? Although 28 million is not super big amount ,I'm sure it wont be enough for such high risk oil biz, I think they will take a lot of debt to structure such biz deal.
Anyway " the transaction requires shareholders’ approval pursuant to the Listing
Requirements, the Company will seek the necessary approval from the shareholders of MAAG at an EGM to be convened " .... PLEASE VOTE NO to this ridiculous high risk plan . These people are sick or high on something.... gambling company's money in such high risk investment.
Have they not learn from their previous mistakes (Yes, his other company Melewar lost big time in their Siam power generation biz).... or other people's mistake when venturing into O&G (example WTK Bhd blew a big hole and still losing in their O&G venture).
I think we collectively should think of a way to put more pressure to the board. Set up a facebook group or something to discuss

Posted by TheContrarian > 2018-04-04 18:04 | Report Abuse

The location in Russia is at the Baltic Sea near border with Poland.

Posted by danny123 > 2018-04-05 10:28 | Report Abuse

INVEST IN RUSSIA, ANOTHER 1MDB PROJECT

LEARN VERY FAST HOW TO MAKE THE MONEY DISAPPEAR

Posted by danny123 > 2018-04-05 10:34 | Report Abuse

ALL THE MONEY IS WITH THEM NOW, WHY TAKE 2 YRS TO PAY DIVIDEND 12 CENTS

WHY NOT NOW?

STUPID PROPOSAL

Posted by balvin71 > 2018-04-06 08:28 | Report Abuse

I will wait and see the details of the investment before deciding if it is good or not. Hoping that it is a leverage financial deal.

Posted by sheep > 2018-04-08 21:45 | Report Abuse

I thought giving bumper dividend next year but instead, 12sen next twelve months. Who was fooling us?

Posted by Baobab > 2018-04-10 11:36 | Report Abuse

The company is cash rich now. In addition to investment proposals, the company should not forget to reward shareholders who patiently hold the shares over the past few years even if the company fall into PN17. Higher dividends should be paid at least half yearly.

Posted by Cipta > 2018-04-10 15:22 | Report Abuse

PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA
TAKAFUL BERHAD (“PROPOSAL”)

The Company had utilised RM8.21 million for the payment of dividends for the FYE 2017. The Board intends to utilise approximately RM32.82 million for the
payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively.

Posted by jamesooi > 2018-04-11 23:09 | Report Abuse

What is your Capital at Risk if you invest in MAAG today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”).

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date.
The current Paid-Up Capital of MAAG is 273,517,752 shares.
If current share price for MAAG is RM 0.72 per share (Assumption only),

Based on PROPOSAL and I am taking 4 items in the Proposal to do simple calculation on how risky to invest in MAAG now.

Based on the Proposal on note f,
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be cancelled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be cancelled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares.
The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c and g.

Based on the Proposal on note g,
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively.
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen and 2019 is 6 sen.

Based on the Proposal on note b,
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares).

Based on the Proposal on note c,
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares).

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now.
IF Share price RM 0.72 and (less dividend for 2 years is RM 0.12 (on note g) less dividend (on note b) is RM 0.162 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.6592), therefore your Capital at Risk is only RM 0.0608 per share.

Calculation for future NTA
Current NTA is RM2.05. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.6592 . The Future NTA shall be RM 0.9908.

The above assumption is The Management cannot identify any new businesses to invest .

Going forward, if the Management can identify new business very soon, then this could be very exciting for the shareholders to see more improvement in the share price trending up and "Good things come to those who wait".

Posted by henrygan99 > 2018-04-12 12:49 | Report Abuse

good analysis Jamesooi. can't lose at current price.

Posted by moneycashrich > 2018-04-18 07:59 | Report Abuse

Is the Board decision a wise move ?

Posted by yuanlong57 > 2018-04-18 09:29 | Report Abuse

MAA Group aborts plan to invest in Russian oil producer
http://www.theedgemarkets.com/article/maa-group-aborts-plan-invest-russian-oil-producer

Posted by Jessie Ng > 2018-04-18 11:08 | Report Abuse

gogo

Posted by danny123 > 2018-04-18 11:55 | Report Abuse

GO WHERE, PAID MORE DIRECTOR FEE???

SLOWLY SLOWLY USE UP......

TAKE PRIVATE LA

Posted by Cipta > 2018-04-19 09:31 | Report Abuse

Privatisation is the real worst choice for smallholders giving MAA present market capitalisation of RM184.99 million but holding a cash of at least RM233.88 million from the disposal of MAA Takaful.

Posted by moneycashrich > 2018-04-19 20:16 | Report Abuse

48.89 million is really nice profit for the BOSS !

Posted by theong > 2018-04-24 20:35 | Report Abuse

It getting difficult to buy at below 0.675 price.

Posted by smartklseguru > 2018-05-03 11:46 | Report Abuse

The music is starting soon?

Posted by theong > 2018-05-17 13:33 | Report Abuse

This year sure like to attend the AGM.

Posted by danny123 > 2018-05-23 17:18 | 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
18/11/2016 16:06

Posted by danny123 > 2018-05-23 17:19 | Report Abuse

market holan
28/11/2016 16:06

Posted by danny123 > 2018-05-23 17:20 | Report Abuse

cheap sales, 0.60 coming
market crash
10/07/2017 15:53

Posted by danny123 > 2018-05-23 17:23 | Report Abuse

THE MORE D DIV COME, THE SHARE WILL GO DOWN MORE
HA HA HA
11/10/2017 10:25

Posted by danny123 > 2018-05-23 17:26 | Report Abuse

Dont know look like 1MDB COUNTER OR NOT

GOOD LUCK

Posted by candygirl > 2018-05-24 23:04 | Report Abuse

123 u can f-off at the mean time .

Posted by danny123 > 2018-05-25 15:23 | Report Abuse

GIRL , U WANT TO F..K , U CAN LOOK FOR AJIB
HE WELCOME U

Posted by loonginv > 2018-05-25 18:09 | Report Abuse

wow,base on current share price, if average 13% div per yr, it took about 93mth then can take all capital, yet, your initial investment capital still there, sound good ya