Posted by NavinShah > 2020-06-03 15:37 | Report Abuse

Don't sell your shares. TY cooking.

Posted by dumbMoney > 2020-06-05 15:24 | Report Abuse

Sure, sometrhing is on the plate of TY, buying a bunch of businesses with uncertain prospects and using up the surplus cash that can be returned to shareholders. Read the latest company annoncement.

Posted by danny123 > 2020-06-05 20:22 | Report Abuse

Every year allocate 10% shares buy back but he only buy less then 1% . Are u get CON by him?

He will slowly n clearerly eat up ur share.

1 yr company expenses 20 million .

Nta is getting lower n lower every year.

Stupid people will think he still want to take private???

Posted by Phin Lim > 2020-06-09 14:37 | Report Abuse

AGM held in April 2018 committed to pay 12 cents within 2 years , Year 2019 paid 6 cents and remaining 6 cents should be made payable in year 2020 April. But notice of AGM received today no mention of such dividend payment.

Posted by dumbMoney > 2020-06-10 20:03 | Report Abuse

The money earmarked for dividend will be used to pay for the investments whose approval is being sought at the EGM. So if approved, there goes the dividend.

Posted by linda77 > 2020-06-17 22:54 | Report Abuse

https://www.mkn.gov.my/index.html

Posted by linda77 > 2020-06-17 23:04 | Report Abuse

Pls refer SOP Pemulihan, meeting is allowable now with maximum of 250 ppl.
Hope the AGM & EGM held at the hotel meeting, NOT LIVE STREAMING.

Posted by linda77 > 2020-06-17 23:06 | Report Abuse

dunt understand the company has not much business, but every year spends more than RM30 mil for all the company expenses. By 4 years time, all the cash will be eaten away...

Posted by dumbMoney > 2020-06-18 00:59 | Report Abuse

By hook or by crook, they are going take away your cash. If you are minority shareholders, too bad!

Posted by Ongchanyang > 2020-06-24 14:01 | Report Abuse

Vote against proposal at coming EGM in June!

Posted by henrygan99 > 2020-06-25 17:35 | Report Abuse

first vote against payment of directors remunerations/ fees etc. they done nothing to deserve it

Posted by Ongchanyang > 2020-06-26 13:34 | Report Abuse

Agree, hope more can sign up to attend remotely.

Posted by Cipta > 2020-06-29 14:21 | Report Abuse

The agenda sent to us is very general and without specific intention. Can I rewrite the subject to :
Propose cancellation of dividend passed in previous EGM and fully authorized management to utilize it under their full authority?

Posted by dumbMoney > 2020-07-03 01:53 | Report Abuse

I have looked at the AGM voting results. Other than the 4% opposing votes which I think is by a foreign fund, only around 2% of the balance 50% shareholders out there voted against the related party transaction resolution. If only another 2% bothered to vote, that resolution could have been blocked, as Melewar's block is prevented from voting, being a related party. All this talk about doing something about it, what happened?

Posted by jamesooi > 2020-07-23 15:24 | Report Abuse

Altech Chemicals Ltd (ASX:ATC) (FRA:A3Y)- ORDINARY FULLY PAID SHARES

Position Holder Name Holding % IC
1 DEUTSCHE BALATON AKTIENGESELLSCHAFT 73,308,004 8.47%
2 SMS INVESTMENTS S A 57,418,528 6.64%
3 DELPHI UNTERNEHMENSBERATUNG AKTIENGESELLSCHAFT 53,384,800 6.17%
4 MAA GROUP BERHAD 51,489,658 5.95%
5 ACUITY CAPITAL INVESTMENT MANAGEMENT PTY LTD <ACUITY CAPITAL HOLDINGS A/C> 40,131,572 4.64%
6 J P MORGAN NOMINEES AUSTRALIA PTY LIMITED 38,574,134 4.46%
7 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 35,354,319 4.09%
8 CITICORP NOMINEES PTY LIMITED 27,108,697 3.13%
9 LAKE MCLEOD GYPSUM PTY LTD 14,777,953 1.71%
10 BNP PARIBAS NOMINEES PTY LTD BERGEN GLOBAL OPPRTNTY <DRP> 8,339,409 0.96%
11 MR SI FOCK CHANG 8,272,541 0.96%
12 MR LINDSAY GEORGE DUDFIELD & M…

Posted by jamesooi > 2020-07-23 15:25 | Report Abuse

MAA is coming....

Posted by danny123 > 2020-07-23 20:28 | Report Abuse

U guy go n read more, dunt talk rubbish here

Maa invested in Altech at 0.11 or 0.12 Aud

NOW THE SHARE ONLY AT 0.04 AUD

HOW MUCH LOSING? MORE THEN 60%

Posted by danny123 > 2020-07-23 20:30 | Report Abuse

Altech lost money every year for your information

Posted by Cipta > 2020-08-06 17:33 | Report Abuse

Now Glove stock is goreng sky high, Since Malaysia still has several non-listed glove companies, perhaps TY should consider to sell MAA as a shell to one of the glove factory so Ty and us can goreng the price. :P just my two cents.

Posted by 2225566 > 2020-08-14 14:29 | Report Abuse

@cipta GOOD IDEA ! Fully support !

Posted by beluga > 2020-08-14 15:34 | Report Abuse

NOW is the "best" time for the company to acquire new business which they have been searching for years. MAA got lucky that they did not acquire any business except relatively small education business (school and colleges) before the pandemic crisis. best time to bet now. i hope they make decision soon before economy recovers and valuation gets higher. EVEN IF they make mistake with their bet now, it's so much WORTH it. No one can predict anything. (Yes, go debate if its V, W, U or L ) They waited for years... (kudos for them being patient.. Imagined if they were to rush into hotel business one or two years ago...). If not NOW, when?

Posted by Cipta > 2020-08-25 21:57 | Report Abuse

https://www.theedgemarkets.com/article/mscm-latest-company-jump-bandwagon-produce-nitrile-gloves

Posted by Cipta > 2020-08-25 22:13 | Report Abuse

TY has been speaking for many years of venture into Manufacturing and is searching the right business. Now we know rm50mil can build a glove factory and all can be done by turnkey contractor and Malaysia no lack of experience ppl in glove industry.

If the previous reason to privatize because the share price under value, then now is the moment to maximize the value of share. Sack the lousy investor banker who only advice share buyback to delist while other are queuing to buy shell to enter the bull market.

We have been waiting for many years. Now is the best time to maximize our cash reserve and listed status. Do something. Now or never.

Posted by kenrixx > 2020-10-13 02:42 | Report Abuse

in 2019 all 4Q incurred losses but how the company can afford 6cents dividend?

Posted by Cipta > 2020-10-14 18:22 | Report Abuse

Just wonder, is MAA considering buyout MAS ? :)

Posted by danny123 > 2020-10-15 20:41 | Report Abuse

No la , buy condom counter

Posted by Cipta > 2020-10-19 09:41 | Report Abuse

If so, better buy glove, chop the fingers, can make 5.

Posted by jamesooi > 2020-11-05 12:13 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3102614

Posted by jamesooi > 2020-11-05 12:14 | Report Abuse

great 3 rd QR result

Posted by undertaker1645 > 2020-11-13 00:35 | Report Abuse

They will finish up the cash and leave peanuts for the other shareholders

Posted by undertaker1645 > 2020-11-13 00:37 | Report Abuse

Maa share price will not move as it is managed by highly incompetent people

Posted by flyingtomoon2020 > 2020-11-13 03:24 | Report Abuse

Maa gogogo

Posted by flyingtomoon2020 > 2020-11-13 03:25 |

Post removed.Why?

Posted by akc008 > 2020-11-17 21:22 | Report Abuse

The money earmarked for dividend will be used to pay for the investments whose approval is being sought at the EGM. So if approved, there goes the dividend.

Posted by Jeffreyteck > 2020-11-24 08:30 | Report Abuse

If took the privatization offer, no need to bother so much. Small investors is unlikely to win. Most of the time experts will say unfair but reasonable, lol.

Posted by thestockoracle > 2020-11-25 11:45 | Report Abuse

by year end, bursa may give approval for MAA to be taken out of PN17 classification and this stock will hit 1.00 at least.

Posted by thestockoracle > 2020-11-25 11:45 | Report Abuse

the business is starting to make profits again it won't be long before dividends are paid. hang on MAA shareholders.

Posted by Baobab > 2020-12-07 10:14 | Report Abuse

It has been a long time since MAA paid the last dividend. Anyone knows why no more dividend payment? Does it has something to do with the failed privatization attempt?

Posted by TheContrarian > 2020-12-07 22:30 | Report Abuse

Minorities are been punished by the directors cum major shareholder for the privatisation failure.

Posted by Baobab > 2020-12-08 10:25 | Report Abuse

If this is the case, doesn't it sound very unethical for the board of directors to do so?

Posted by Cipta > 2020-12-08 13:59 | Report Abuse

The way of privation showed it all.

Posted by Baobab > 2020-12-11 08:54 | Report Abuse

Is this called minority oppression by the major shareholder?

Posted by Baobab > 2020-12-11 08:55 | Report Abuse

Why the relevant authorities are not doing anything to safeguard the interest of the minority shareholders?

Posted by jamesooi > 2020-12-11 11:57 | Report Abuse

uptrend is coming...

Posted by babarich > 2020-12-14 15:00 | Report Abuse

MAA privatise at RM1.30 ?

Posted by gydividen > 2020-12-14 15:22 | Report Abuse

any news? why shot up ?

Posted by Cipta > 2020-12-14 15:31 | Report Abuse

Good Quartery result.
Cancelation of treasury share.
And.....

Posted by Baobab > 2020-12-15 08:36 | Report Abuse

I think the NTA per share for MAA is around RM1.85. If privatize, probably we should ask for an offer price that is not less than 10% - 15% discount from the NTA per share, namely around RM1.60 - RM1.70 per share.

Posted by Cipta > 2020-12-15 17:40 | Report Abuse

We see car insurance and hospital claim decrease during lock down, same may expect from MAA Philippines.

At the meantime, commodity price increase as well electric car is moving as main stream. The investment on Australia co may fruitful

Posted by wakarimas > 2020-12-21 18:04 | Report Abuse

what is going on , price up recently