Posted by t816b > 2014-03-31 20:23 | Report Abuse

pathew, what news are you referring to? IF you are asking about UOB's TP of RM 1.98, here it is:
http://research.uobkayhian.com/content_download.jsp?id=20121&h=e34efa3403c4f206c11404a6fbc37cd0

But this coverage was done in February 2014, not knowing the right issues exercise.

Posted by ivian > 2014-03-31 22:53 | Report Abuse

Hi, anyone please advise, if i buy maica now, am i still entitle for the 附加股和warrant? When is the cut off date?

Posted by ivian > 2014-03-31 22:54 | Report Abuse

Is Rm1.39 worth to buy?

Posted by rikki > 2014-04-01 00:09 | Report Abuse

@pathew.....news from the Star Newspaper Sat 29, 2014.

@ivian....you buy 1k shares & need to subscribe for 3k rights at 65cts/share and you will entitled to 1k free warrant.

Posted by valuemaster > 2014-04-01 16:01 | Report Abuse

As I told you guys, fund managers are taking positions already, you wait until EPF buys, then RM2 you also can't grab

Posted by stockcode > 2014-04-01 17:11 | Report Abuse

1.6 by this week ?

Posted by pathew > 2014-04-01 17:18 | Report Abuse

wow thanks guys... I missed buying the share yesterday... was tempted to q 1.30
looks like tomorrow I better get it before it's gone too

Posted by stockcode > 2014-04-02 09:16 | Report Abuse

valuemaster:whats your short term tp ?

Posted by 7surewin > 2014-04-02 11:13 | Report Abuse

Last high is about $1.64. I will target $1.70 or so

Posted by t816b > 2014-04-02 11:42 | Report Abuse

52 weeks high is RM 1.75

Posted by valuemaster > 2014-04-02 14:00 | Report Abuse

if you can hold through the rights, easily 20% return in 6 months, this is not a fast money counter

Posted by 7surewin > 2014-04-03 01:07 | Report Abuse

6 months 20%? Bought on yesterday, today already few %...tmmr I trust it will cross $1.60

Posted by limayseng > 2014-04-03 18:14 | Report Abuse

Chart seemed not good , inverted hammer n price not sustaining in trade .

Posted by wonnksa > 2014-04-03 21:00 | Report Abuse

Chart looks good instead. It defied the yesterday doji graveyard, it closed higher and I would take this as hammer to uptrend.

Posted by 3223 > 2014-04-07 11:04 | Report Abuse

Sell

Posted by stockcode > 2014-04-07 16:49 | Report Abuse

Sell

Posted by wonnksa > 2014-04-07 17:35 | Report Abuse

Why we have 2 quotes of 'Sell' here? Please advise. Thanks very much.

Posted by WSCAPITAL > 2014-04-08 09:52 | Report Abuse

Time to accumulate.

Posted by 3223 > 2014-04-08 12:34 | Report Abuse

Inside news.

Posted by 3223 > 2014-04-08 12:35 | Report Abuse

Better try dbhd

Posted by wonnksa > 2014-04-09 10:11 | Report Abuse

This is a place where the investors have the positive thinking on investing Maica, any negative comments are not welcome.

Posted by 3223 > 2014-04-09 17:29 | Report Abuse

Wonnksa Follow u 4c gain follow me 15c gain.I just tell ur what I know.look for long term stock may try sunway and ptaras. Maica really not that stable.Anyway trade at ur own risk.

Posted by wonnksa > 2014-04-09 23:55 | Report Abuse

3223 good luck to you. I hope the UMA could help on DBHD to another height.

Posted by 3223 > 2014-04-10 01:18 | Report Abuse

Actually I still keep some maica shares target to sell at 1.60 won't wait for 2 only.

Posted by 3223 > 2014-04-15 14:01 | Report Abuse

Finally no more maica

Posted by 3223 > 2014-04-15 14:03 | Report Abuse

Step in megb at 0.41 try luck

Posted by johnny cash > 2014-04-17 13:40 |

Post removed.Why?

Posted by johnny cash > 2014-04-17 13:41 |

Post removed.Why?

Posted by johnny cash > 2014-04-17 20:17 | Report Abuse

Changes in Director's Interest (S135)



Thursday, 17 Apr 2014

7:15PM DELEUM Dato' Izham bin Mahmud (56,500 units Disposed)
6:51PM RPB Tan Sin Chong (-100,000 units Disposed)
6:01PM IOIPG Tan Sri Dato' Lee Shin Cheng (550,000 units Acquired)
6:01PM IOIPG Lee Yeow Seng (550,000 units Acquired)
6:01PM ORIENT Loh Kian Chong (296,100 units Transacted)
6:01PM IOIPG Dato' Lee Yeow Chor (550,000 units Acquired)
5:50PM MAICA DATUK TER LEONG YAP (12,759 units Acquired)
5:44PM KIMLUN Yam Tai Fong (475,000 units Disposed)
5:26PM ELKDESA Lim Keng Chin (400,000 units Transacted)
5:26PM ELKDESA Teoh Hock Chai @ Tew Hock Chai (56,488,662 units Transacted)
5:20PM IGB Tan Boon Seng (241,000 units Acquired)
5:20PM COMPLET CHIA KAH YING (100,000 units Acquired)
5:20PM COMPLET NG YOON KIN (100,000 units Acquired)
5:20PM ANNJOO Dato' Lim Kiam Lam (216,783,600 units Transacted)
5:20PM COMPLET LAW HEE LING (100,000 units Acquired)
5:14PM GTRONIC Ng Kok Khuan (15,000 units Acquired)
5:14PM GTRONIC Ng Kweng Chong (15,000 units Acquired)
5:14PM SCOPE Lee Min Huat (350,000 units Acquired)
5:13PM EWEIN-WA Dato' Ewe Swee Kheng (79,000 units Acquired)
5:08PM INARI Ho Phon Guan (140,000 units Acquired)
5:08PM EWEIN Dato' Ewe Swee Kheng (45,508,954 units Transacted)
5:08PM EAH MOHAMMAD SOBRI BIN SAAD (10,000,000 units Disposed)
12:51PM DSONIC Raghbir Singh A/L Hari Singh (10,000 units Acquired)
12:34PM SCICOM Loh Lee Soon (50,000 units Disposed)

Posted by wonnksa > 2014-04-18 16:36 | Report Abuse

3223, salute!

Posted by wonnksa > 2014-04-18 16:40 | Report Abuse

3223, dbhd's price is better. cool... I agreed.

Posted by 3223 > 2014-04-20 02:11 | Report Abuse

Wonksa pls look into sunzen,maybe will bring u surprice.

Posted by wonnksa > 2014-04-22 10:52 | Report Abuse

When can this Maica perform like DBHD?

Posted by t816b > 2014-04-26 22:23 | Report Abuse

Stock Picks from UOBKayHian this morning:

1. Malaysia Aica. Mid size property developer in the making. Raising $365m via 3-1 rights issue and private placement. Current TP $1.98. Ex-all TP $1.25

Posted by mars1069 > 2014-04-29 23:29 | Report Abuse

This right issues means if I have 10000 shares, I have to spend RM15K for right issues? 1 share for 3 right issues rm0.50? And will get free 10000 warrants? Right?

Posted by pro888 > 2014-05-02 21:49 | Report Abuse

Result out , good

Posted by alantan > 2014-05-04 22:21 | Report Abuse

should look good after good result

Posted by kingdomtan888 > 2014-05-04 22:23 | Report Abuse

Second gadang ?

Posted by johnny cash > 2014-05-05 18:35 |

Post removed.Why?

Posted by johnny cash > 2014-05-05 18:36 | Report Abuse

 Property development boosted earnings in 4QFY14. Recall that Maica acquired two
parcels of developments back in Oct 13 and we understand that the acquisition was
completed in Jan 14. The contribution this quarter came mainly from the recently
acquired Trivio, Bukit Jelutong development, which has a total GDV of RM53m and
contributed for two months to Maica’s earnings.
 Exit from the hire purchase business. In Jan 14, the entire hire-purchase debtors
were redeemed. We understand the company also has no intention to continue with the
hire purchase business going forward.
STOCK IMPACT
 Announced a new CEO. Maica also took the opportunity to announce the appointment
of a new CEO Mr Ho Hon Sang, who is currently the CEO of Sunsuria Development Sdn
Bhd. Mr Ho’s role is mainly to further drive the company’s property development
expansion. Prior to joining Sunsuria, Mr Ho led Sunway Berhad’s Property Development
Division where he was a Managing Director as well as being involved in the development
of the North South Expressway.
 Look out for the EGM on 12 May. We understand an Extraordinary General Meeting
(EGM) will be convened next week mainly for the approval of the rights issue that was
announced recently as well as approval for the name change of Maica to Sunsuria
Berhad.
 The rights issue would drive RNAV and EPS upwards. While the rights issue price
has not yet been fixed, Maica could raise as much as RM356m based on its illustration
of 65 sen per right. Based on our calculation (refer to the following page RHS; more
detailed discussions were provided in Coverage Initiation on 14 Feb 14), acquiring
Sunsuria’ landbanks alone would lift Maica’s RNAV to RM1.5b (RM1.78/sh post
exercise), and FY16 and FY17 net profit to RM74m (FD EPS of 8.7 sen) and upwards of
RM170m (FD EPS of 24.4 sen) respectively – based on known launches for FY14 and
FY15 and Sunsuria’s target launch of RM1b yearly for the subsequent years.
 Significant value-enhancing exercise. We understand that the bulk of the landbanks
are partially paid for. Based on our ballpark calculation, we estimate the upfront cash
paid would imply a FY16F PE of 4.5x (based on known launches that the developments
may go through) – a comparison made between the amount paid by Maica to obtain the
right to develop Sunsuria’s landbanks. The balance progressive payments for the lands
can be assumed to be funded by the future earnings generation as launches progress.
Also, since Maica is raising more than what is required to acquire Sunsuria’s landbank,
we do not discount the possibility of the company stepping up to acquire other additional
landbanks.
EARNINGS REVISION/RISK
 We maintain our earnings forecasts and take the opportunity to introduce a FY17 net
profit forecast of RM10.4m. But note that should Maica decide to utilise the rights issue
proceeds to acquire Sunsuria’s remaining landbanks, Maica’s could achieve a net profit
of RM170m by FY17.
 Key risks include: a) rising interest rates, b) tighter lending policies by banks, and c)
rising costs of raw materials that lead to margins erosion.
VALUATION/RECOMMENDATION
 Maintain BUY and target price of RM1.98, based on a 40% discount to our SOTP
valuation of RM3.30/share. Our target price implies a hypothetical 5.3x FY15F PE.
 Currently, our valuation assumes Maica acquires 50% of Sunsuria’s key existing
landbank at market prices, with each incremental 10% stake increase in Sunsuria
potentially lifting Maica’s FY17 net profit and RNAV by RM18m (11.3 sen/share) and
RM72m (45 sen/share) respectively
SHARE PRICE CATALYST
 The imminent acquisition of Sunsuria’s landbank

Posted by johnny cash > 2014-05-05 18:37 |

Post removed.Why?

Posted by johnny cash > 2014-05-05 18:40 | Report Abuse

 Maintain BUY and target price of RM1.98, based on a 40% discount to our SOTP
valuation of RM3.30/share. Our target price implies a hypothetical 5.3x FY15F PE.
 Currently, our valuation assumes Maica acquires 50% of Sunsuria’s key existing
landbank at market prices, with each incremental 10% stake increase in Sunsuria
potentially lifting Maica’s FY17 net profit and RNAV by RM18m (11.3 sen/share) and
RM72m (45 sen/share) respectively
SHARE PRICE CATALYST
 The imminent acquisition of Sunsuria’s landbank.

Posted by WSCAPITAL > 2014-05-15 11:03 | Report Abuse

This company needs more publicity in newspaper and recommendation by investment firm to become well-known among investors.

Posted by t816b > 2014-05-15 17:49 | Report Abuse

I agree with you. A strong base of the share price is built around RM 1.50-1.55 range. Sunsuria needs more publicity to move the share price to the next level.

Posted by Yk John > 2014-05-17 14:49 | Report Abuse

Next week show time

Posted by atuck > 2014-05-18 11:37 | Report Abuse

why? got good news or annoucement??

Posted by Yk John > 2014-05-18 13:55 | Report Abuse

Good share with good TA

Posted by kakijudi > 2014-05-18 14:31 | Report Abuse

Aiyo why buy sunsuria when you can buy encorp. Who had bigger land banks to inject . Datuk ter or felda. Hahaha

Posted by Yk John > 2014-05-19 10:09 | Report Abuse

Good

Posted by johnny cash > 2014-05-20 13:29 |

Post removed.Why?