Posted by theong > 2019-01-05 21:32 | Report Abuse

Hope so.

Posted by candygirl > 2019-01-06 01:18 | Report Abuse

123 will only bark when price starts to drop . His main objective is to frighten us off to sell more

Posted by TA_trader > 2019-01-07 19:03 | Report Abuse

Correct. The right word to be used here is bark. He only knows how to bark.

Posted by theong > 2019-01-10 09:08 | Report Abuse

As price move higher accumulate at higher price now.Hope my decision are spot on.ha ha ha.

Posted by candygirl > 2019-01-10 15:25 | Report Abuse

where is the doggie ?

Posted by jamesooi > 2019-01-11 11:41 | Report Abuse

Since December 8, 2018 the MAA price moving up from low of RM 0.40 to RM 0.54 per share yesterday . MAA share traded was 1,666,000 from 1st December until January 10, 2019. Not much for accumulation for this counter.

Posted by theong > 2019-01-11 13:21 | Report Abuse

Today this morning I don't know who is try to force weak holder to off load. First quate to buyer price later withdrawn forcing weak holder or contra to sell.

Posted by jamesooi > 2019-01-11 17:44 | Report Abuse

Low volume but the uptrend from now. No news is good news for dividend.

Posted by WoonDeWai > 2019-01-11 17:45 | Report Abuse

agree, holding steady for now

Posted by TA_trader > 2019-01-15 10:25 | Report Abuse

A strong footing above 0.52 should see it trade towards 0.60

Posted by theong > 2019-01-16 07:26 | Report Abuse

Hardy anyone want to sell even at 50 cents.

Posted by balvin71 > 2019-01-16 07:51 | Report Abuse

Hope market has stabalized and no more force selling.

Posted by jamesooi > 2019-01-16 10:55 | Report Abuse

Low volume but the uptrend, very easy for operator to play this counter.

Posted by jamesooi > 2019-01-16 11:58 | Report Abuse

It is pity MAA looks like there is no operator goreng this stock. Very low volume.

Posted by theong > 2019-01-17 16:00 | Report Abuse

Slowly but surely moving.

Posted by theong > 2019-01-25 10:06 | Report Abuse

MAA waiting for what. Good news bad news?

Posted by 5354_ > 2019-02-02 16:58 | Report Abuse

Why CEO totally quiet even in ten days will takeover as Bursa CEO? Tun M/LGE instruction?

Posted by TA_trader > 2019-02-07 22:29 | Report Abuse

What news? waiting for 9 to 12 sen dividend due end of Feb. GXFC!

Posted by newbie4444 > 2019-02-09 18:11 | Report Abuse

Really? Why drop 3 sen?

TA_trader What news? waiting for 9 to 12 sen dividend due end of Feb. GXFC!
07/02/2019 22:29

Posted by newbie4444 > 2019-02-09 18:12 | Report Abuse

CEO no more next week? He go to Bursa to enjoy high salary?

Posted by balvin71 > 2019-02-10 21:49 | Report Abuse

Australia property market falling and risk of foreclosure going up. Lucky sold off Columbus. Hope MAA brought back the funds before AUD started falling.

More write down and/or currency loss for the investment in Altech?

Posted by TA_trader > 2019-02-10 21:55 | Report Abuse

Refer to Jamesooi's post in december 2018.

announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”).

Look at note g.
Proposed dividends to be paid amount to rm 32 mil

Posted by firehawk > 2019-02-11 09:24 | Report Abuse

huge vol sold @0.50 ....

Posted by TheContrarian > 2019-02-11 10:21 | Report Abuse

Someone's shares been forced sold at 0.50 after CNY.

Posted by TA_trader > 2019-02-11 10:55 | Report Abuse

Easily cleared.

Posted by jamesooi > 2019-02-14 14:39 | Report Abuse

Just RE POST From last year before 31/12/2018

What is your Capital at Risk if you invest in MAAG (14/02/2019) today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILIZATION OF PROCEEDS FROM THE DISPOSAL OF MAS 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 0.525 per share as at 14/02/2019, 

Based on PROPOSAL and I am taking 5 items in the Proposal to do a 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 canceled 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 canceled 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,d and g. 

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAG 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 less 3 sen was paid in 25th April 2018 and balance is only 3 sen for 2018 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 d, 
To simply the note d, the balance of RM 28,000,000, 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 11.27 sens. (RM28,000,000 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 0.525 and (less balance of dividend left for 2 years is RM 0.09 (on note g) less dividend (on note b) is RM 0.162 less dividend (on note d) is RM 0.1127 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.7419), therefore your Capital at Risk is only RM – 0.2169 per share. 

It is Risk FREE !!!!

Calculation for future NTA 
Current NTA as at 30/09/2018 was RM1.93. 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 0.7419. The Future NTA shall be RM 0.7881. The above assumption is The Management cannot identify any new businesses to invest . 

IN DECEMBER 2018, MAA sold his Australian company Columbus Capital ……...

The risk of capital is Zero, if you buy low and at current price of RM0.525 per share today on 14/02/2019, not to mention that the management has just sold Columbus CapitaL in December 2018 for A$ 21 Million at RM3.00 for A$1.00, = RM63,000,000-00. and cash per share is RM0.23.

Based on 30/9/2018 account with cash balance RM142.667 Mil and plus once the money collected from Columbus Capital RM58,000,000 less retention sum RM 5 Mil = 200.667 Mil and plus retantion of RM93.75 Mil from Zurich and RM5 Mil from Columbus. This company is very rich in cash of RM 299.417 Mil. which work out of RM1.09 per share based on 273,517,752 shares. 

All other businesses are FREE in the Group. THAT IS WHY I CALLED MAA is a lelong stock.

Posted by theong > 2019-02-14 18:21 | Report Abuse

Still people sell it at 50 cents.

Posted by TA_trader > 2019-02-14 19:42 | Report Abuse

still people bought more at 50 cents. 0.525 cents at close. Matter of perspective.

Posted by TA_trader > 2019-02-14 19:44 | Report Abuse

if you were concerned about heavy selling at 50 cents, then shouldn't you be more concerned that there was also heavy buying at 50 cents? Yet, price is now at 52.5 cents?

Posted by TheContrarian > 2019-02-14 19:55 | Report Abuse

MAA shares sold at 50 sen recently were pledged shares been forced sold for failing to meet margin call.

Posted by candygirl > 2019-02-14 22:30 | Report Abuse

@TheContrarian why are you so sure the recent shares sold at 50sen were from margin calls

Posted by markus > 2019-02-15 07:24 | Report Abuse

Yeah how do u know it’s from margin call ? Would appreciate if you could provide info to support ur claim .

I SUSPECT it’s a manipulative selling . It’s being sold and bought by same people to create fake volume of selling ? I have no evidence; just assuming .

Posted by theong > 2019-02-15 08:56 | Report Abuse

I agreed with Markus.Have been tracking MAA for few years.Before the price drop to the lowest point there were always trascation of 100 lot size trading beginning and closing time.Who are the person do you think want to trade with 100 units?

Posted by jamesooi > 2019-02-15 11:59 | Report Abuse

Lack of trading volume, price is easily munipulated by operators

Posted by TA_trader > 2019-02-15 15:01 | Report Abuse

those who sold earlier esp at 0.50 and below now regret. Want to chase to buy back?

Posted by theong > 2019-02-15 15:25 | Report Abuse

Finally seeing invert H&S pattern breakup. Only low volume.

Posted by firehawk > 2019-02-15 16:00 | Report Abuse

end of Feb, QR release season ... possible c/w dividend announcement ......

Posted by balvin71 > 2019-02-17 22:29 | Report Abuse

Agreed. RM0.03 dividend I think is a given. Hopefully can get RM0.06 :)

Posted by huntertee > 2019-02-18 08:29 | Report Abuse

What is the expiry date to be entitled for dividend?

Posted by theong > 2019-02-18 09:31 | Report Abuse

Price is moving up.

Posted by theong > 2019-02-18 11:07 | Report Abuse

Wow 0.63 cents also done.

Posted by TA_trader > 2019-02-18 11:08 | Report Abuse

WOI WHERE IS THAT BARKING DANNY123 AND VERON TEO?

Posted by candygirl > 2019-02-18 11:24 | Report Abuse

The last thing we dun need is to get 123 dog to bark here .

Posted by Undi_PAS > 2019-02-18 11:57 | Report Abuse

New Bursa CEO only effect? Why the rest counters like dying?

Posted by jamesooi > 2019-02-18 12:20 | Report Abuse

Lack of trading volume, price move up so much, now operators are in to munipulate MAA. Good news is coming and will goes higher from now.

Posted by TheContrarian > 2019-02-18 13:09 | Report Abuse

Due to surplus funds, Company might announce either a special dividend or capital repayment in the coming QR.

Posted by theong > 2019-02-18 13:53 | Report Abuse

I think there are very high possibility of capital repayment.

Posted by Undi_PAS > 2019-02-18 21:15 | Report Abuse

QR not out why can goreng? Hidup Pas.

Posted by _Dog > 2019-02-18 22:50 | Report Abuse

@TheContrarian, no.... LENO already dumped his MAA.....

MAA might suddenly call a right issue.... hahaha beware of TheContralian, Philips calvintaneng who promoted INSAS.... RUN !

Posted by TA_trader > 2019-02-19 09:28 | Report Abuse

dog barking. suspect is danny123