MAA GROUP BERHAD

KLSE (MYR): MAA (1198)

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Last Price

0.38

Today's Change

-0.005 (1.30%)

Day's Change

0.375 - 0.385

Trading Volume

441,400


7 people like this.

3,356 comment(s). Last comment by TheContrarian 4 hours ago

Cipta

990 posts

Posted by Cipta > 8 hours ago | Report Abuse

Giving its asset mostly in cash, hostile takeover is possible.

TheContrarian

8,716 posts

Posted by TheContrarian > 7 hours ago | Report Abuse

MAA has a rotten investment in KNM. Lots of cash was wasted there.

TheContrarian

8,716 posts

Posted by TheContrarian > 6 hours ago | Report Abuse

Just bought back MAA at 38.5 sen. Hope price doesn't go lower.

Cipta

990 posts

Posted by Cipta > 5 hours ago | Report Abuse

When MAA bought Turiya, some shareholders said the same but now they see how much MAA made. KNM is losing money right now, but it still has valuable assets just like MAA. Tengku needs to get more PR with his peers. I reckon everyone will be friendly towards him if he does proper communication and profit sharing.

TheContrarian

8,716 posts

Posted by TheContrarian > 4 hours ago | Report Abuse

Ya, MAA needs to turn KNM around but will take a long time.

TheContrarian

8,716 posts

Posted by TheContrarian > 4 hours ago | Report Abuse

If MAA resumes paying dividend or do a share buy back it will earn itself brownie points from the minority shareholders.

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