Posted by Eskay > 2014-03-13 23:24 | Report Abuse

Still waiting for TP of rm1.90

Posted by Christine Goh > 2014-03-15 22:36 | Report Abuse

first resistance level is 1.65 and the next is 1.75,need to broke out the 1.75 with volume just ready ride wave 5.....1.38 is the strong support level ... i m still holding tight waiting my wave 5

:D

Posted by connie > 2014-03-15 22:57 | Report Abuse

christine goh ... :D

Posted by valuemaster > 2014-03-17 12:41 | Report Abuse

looks like nobody wanna prop this up, waiting for 1.40

Posted by wonnksa > 2014-03-17 23:12 | Report Abuse

The Edge published the news of Maica Plans to have a cash call by issuing right issue.

It is a good news that it build a way for Maica to transform itself to a key player in property development. It is fair that Sansuria to raise fund from public when they want to inject more properties to the listed company.

Posted by valuemaster > 2014-03-18 20:47 | Report Abuse

soon the target will be hit, game will start when you see SUNSURIA

Posted by stockcode > 2014-03-21 10:07 | Report Abuse

When an see SUNSURIA

Posted by wonnksa > 2014-03-21 13:58 | Report Abuse

It is strange that there is no support on it now, keep going down... why?

Posted by valuemaster > 2014-03-24 15:45 | Report Abuse

seems like nobody is going to buy even there is 50% upside, buying target soon

Posted by shuatlim76 > 2014-03-24 20:18 | Report Abuse

1.40 is support

Posted by wonnksa > 2014-03-25 19:35 | Report Abuse

It looks like the cash call being announced too early that spook away the genuine investors.

It does not have support now, perhaps the major shareholder take this opportunity to accumulate more shares at this price.

Posted by valuemaster > 2014-03-26 22:19 | Report Abuse

buy now before it launch

Posted by kian > 2014-03-26 22:25 | Report Abuse

Any news?

Posted by stockcode > 2014-03-27 11:14 | Report Abuse

valuemaster what is it to launch ?

Posted by pathew > 2014-03-27 11:18 | Report Abuse

what news value master?

Posted by AK $$ > 2014-03-27 13:29 | Report Abuse

Pathew, did you see Public Bank research highlight in the "Headlines" section above. Not sure if there will be launch.

Posted by valuemaster > 2014-03-27 17:33 | Report Abuse

patience guys, announcement will be out soon

Posted by kian > 2014-03-27 18:19 | Report Abuse

bonus with right issue?

Posted by seong > 2014-03-27 18:54 | Report Abuse

hopefully got announcement soon, stucked at 1.65 :(

Posted by mhchai > 2014-03-28 14:32 | Report Abuse

announcement out. only right issues with warrant. consider surprise ?

Posted by Louis Gan > 2014-03-28 14:44 | Report Abuse

mhchai also eyeing this counter?

Posted by mhchai > 2014-03-28 14:47 | Report Abuse

nop, but got keep in my watchlist.

Posted by Louis Gan > 2014-03-28 14:53 | Report Abuse

bot at 1.49 d. now stuck :( keep in fridge
what reason bot u here mhchai?

Posted by stockcode > 2014-03-28 16:13 | Report Abuse

maica hit 1,37 zzz

Posted by valuemaster > 2014-03-28 17:39 | Report Abuse

they want to manipulate the shares next week, probably you will see it down by 10-15cents, then buy in..

overall, public invest TP is RM1.30 post rights, your rights only 65cents per share, comes with warrants, so next week buy in if drop to 1.20, there are 50% upside from 1.20

Posted by kian > 2014-03-28 19:45 | Report Abuse

Is this a good offer for right issues?

Posted by valuemaster > 2014-03-28 19:49 | Report Abuse

remember how sumatec came out with the same proposal :(i) private placement ; (ii) rights issue with warrants

sumatec goreng from 20c to 80c

maica? i sense they will push down the price next week to collect, just wait for good price next week to buy

Posted by kian > 2014-03-28 20:00 | Report Abuse

Hope they push up to sky high next week!!! They have collecting so much around 1.40!!!

Posted by t816b > 2014-03-28 20:53 | Report Abuse

valuemaster, can you help to elaborate further on how the right issues work? Let's say I have 100,000 shares of Maica now, I will be entitles to purchase 3 right issues? At what price? What if I do not purchase the right issues?

Posted by t816b > 2014-03-28 21:53 | Report Abuse

How much will the right issues be? RM 0.50 per share?

Posted by t816b > 2014-03-28 22:03 | Report Abuse

valuemaster, how do you get this?

"Your rights only 65cents per share, comes with warrants, so next week buy in if drop to 1.20, there are 50% upside from 1.20"

Posted by kian > 2014-03-28 22:16 | Report Abuse

I think this is very good offer for right issues with warrant...
Hope the price will fly up high!!!!

Posted by t816b > 2014-03-28 22:22 | Report Abuse

kian, how did you come into that conclusion that this is a good offer? Do you have an idea on how much the right issues will be?

Posted by kian > 2014-03-28 22:24 | Report Abuse

Right issues rm0.65 with free warant

Posted by t816b > 2014-03-28 22:46 | Report Abuse

I thought the right issues at RM 0.65 is only for illustrative purpose only?

Posted by valuemaster > 2014-03-29 00:13 | Report Abuse

for illustrative purpose, it is either 65/70cents, i think would be 65cents though, your theoretical ex rights price based on today is only RM0.87, based on kenanga research and public research, the fair value at 40% RNAV discount range from RM1.20-1.50, count your upside, I have not included the warrants here..

I better don't calculate too much here, if not somebody knows I know their tactics, what I can only say is, if the price dropped till RM1.25-RM1.30 next week, just close your eyes and buy, as you have potential to double your investment

Posted by t816b > 2014-03-29 00:17 | Report Abuse

Thanks valuemaster. My average buying price is at about 1.40. I am now thinking should i subscribe to the rights? What's your advice?

Posted by kian > 2014-03-29 00:35 | Report Abuse

Valuemaster, what make u think that the price will been press down on next week? If the right issues with free warrant is good offer, why price will drop? Comfuse ler... Thanks for ur sharing ya..

Posted by AK $$ > 2014-03-29 06:11 | Report Abuse

Valuemaster, the announce says that the rights price is .50sen - does your advice still apply.

Posted by AK $$ > 2014-03-29 06:14 | Report Abuse

Valuemaster, using your formula if rights is 50sen then theoretical ex price is .92sen. This will mean the discount is lower?

Posted by t816b > 2014-03-29 13:26 | Report Abuse

I believe what valuemaster said was, it is a good buy to enter now and subscribe to the rights. Taking the right issues at 65 sen, the theoretical ex-all price will be about 85 sen. Public Bank and Kenanga's fair value for ex-all price is RM1.20 to RM1.50. That is a possible upside of 50-70% for your investment. If add in the free warrant, the return will be even higher. What I am not sure is, will the price be pushed down before the ex, or be pushed up like Sumatec and XDL?

Posted by valuemaster > 2014-03-30 14:41 | Report Abuse

I believe there are syndicate holding the shares now, there might be some selling pressure for short term because some of them dont plan to put in more money into sunsuria, but price would not be lower than 1.25, if selling happen next week, whoever wants to invest long term in sunsuria should buy, if not u can wait after rights issue only buy, but maybe that time price will be above 1

Posted by John > 2014-03-30 23:46 | Report Abuse

The rights issue looks like a good deal. Plenty of upside for investors. This company has tremendous growth opportunity too.

Posted by Midas_max > 2014-03-31 09:07 | Report Abuse

it "right issues" doesnt look good. 3 sen drop after 5 min start market.

Posted by valuemaster > 2014-03-31 11:45 | Report Abuse

I would recommend you guys to collect now before the fund managers come in, soon

Posted by stockcode > 2014-03-31 13:15 | Report Abuse

valuemaster: oh man, keep dropping all the way.

Posted by valuemaster > 2014-03-31 14:48 | Report Abuse

Told ya, this stock will rebound soon, faster load, I am in 1.30

Posted by rikki > 2014-03-31 15:04 | Report Abuse

Maica or Sunsuria TP 1.98 by UOB . Right issue 3 For 1 @0.65, plus 1 free warrant. Share price now @ 1.34 from a high of 1.69 on Feb 17, 2014. If buy now, the average cost will be 0.8225 with 1 free warrant ( 1.34 + 1.95 / 4 = 0.8225 ). The new boss is Datuk Ter Leong Yap, who is the most famed as president of the Chinese Chamber of Commerce and Industry in KL & Selangor.
Catalyst : Ter is likely to inject 3 major property developments into the company valued at about 10% of its estimated GDV of RM10bil.

Posted by pathew > 2014-03-31 17:25 | Report Abuse

rikki, your news from where?

Posted by stockcode > 2014-03-31 17:49 | Report Abuse

oh gosh, hammerrr signnn