The decision was arrived at after taking into consideration all facts and circumstances of the matter including amongst others, that the Company no longer triggers any prescribed criteria under Paragraph 2.1 of PN17 of the MMLR, the latest financial position of MAAG as at 31 December 2020 including net assets of RM533.01 million, and MAAG had recorded three (3) consecutive quarters of net profit up to the quarter ended 31 December 2020, which have been subjected to a limited review by an external auditor.
0.86 d, supply more than demand, how to fly? hopefully operator don't dump it till like MMAG, VIVOCOM, MACPIE...0.96 is a crucial support but it was broken...too bad...most likely need to hold for another months...initially i also thought MMC is a good counter but also dumped like hell by operator so nowadays people really look at fundamental...big question mark
Thank you to the sellers for offering me to invest more into a share with huge earning growth potential and NTA at more than RM2.00 at more and more discount.
If TY tried to privatize this share at RM1.10 in 2019, he could have realize the huge potential of this share at that time. Consequently MAA started to turn into black since Q2 2020. Indirectly it means MAA is worth much more than RM1.10 by now.
KUALA LUMPUR (March 31): Up to five licences for digital banks may be issued to qualified applicants by the first quarter of 2022 (1Q22), said Bank Negara Malaysia (BNM).
It said the successful applicants will have to be able to demonstrate a strong value proposition focused on the unserved and underserved segments and have the ability to meet regulatory requirements to safeguard the stability of the financial system.
The central bank issued a policy on Licensing Framework for Digital Banks on Dec 31, 2020, wherein the licensing of new players with innovative business models are expected to serve the economy and contribute to the well-being of Malaysians.
“Through the use of agile technology platforms and data analytics, digital banks are expected to widen the offering of banking products and services that are more targeted towards solving Malaysian consumer pain points, particularly for the unserved and underserved consumer segments.
“The bank will adopt a proportionate regulatory framework as well as require digital banks to observe limits on aggregate asset exposures during the initial years of operations,” said BNM in its Annual Report released today.
Another company sitting on huge cash pile, not paying dividend and trading at great discount to net asset is iCapital. Similiarity with MAA? Trust deficit.
commodities price in bull market, just wonder how much increase in profit for our investment in Altech Chemicals who produces essential raw materials for EV battery.
Altech did some diluttion last year. The entitlement offerwas on the basis of two (2) new shares at $0.04 each for every five (5) shares held by Altech shareholders at the Record Date (13 November 2020), plus one free attaching option for each two (2) new shares subscribed and issued (exercise price $0.08, expiry 31 May 2022)(the Offer).
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yaphoikiong
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Posted by yaphoikiong > 2021-03-29 20:47 | Report Abuse
Should be limit up because out of pn 17, how drop two days already?