MIECO CHIPBOARD BHD

KLSE (MYR): MIECO (5001)

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Last Price

0.67

Today's Change

-0.015 (2.19%)

Day's Change

0.655 - 0.675

Trading Volume

247,200


8 people like this.

3,358 comment(s). Last comment by ddd ccc 2024-04-02 11:07

Posted by optimusprimeXV > 2016-06-20 16:49 | Report Abuse

taruh kao kao....laughdieme

Posted by optimusprimeXV > 2016-06-23 15:25 | Report Abuse

buy before the bullet train left the station...laughdieme

hankc

182 posts

Posted by hankc > 2016-06-30 13:54 | Report Abuse

每名技工的培训时数是9小时. They must have some really high IQ people working there. All they need is 9 hrs of training per anum.

pro888

182 posts

Posted by pro888 > 2016-06-30 16:02 | Report Abuse

People sell because of trend ? emotion ? Why they sell ?
Now Dax index become positive .

pro888

182 posts

Posted by pro888 > 2016-06-30 16:05 | Report Abuse

All futures become positive now , good sign ah.

pro888

182 posts

Posted by pro888 > 2016-06-30 16:10 | Report Abuse

mari mari sapu sapu

Kensington

157 posts

Posted by Kensington > 2016-06-30 19:18 | Report Abuse

Dato' Sri Ng Ah Chai has notified the Co that he had entered into a conditional Share Sale Agreement with BRDB Developments S/B to buy over the latter's substantial stake in Mieco at RM0.90 per share. Upon the fulfilment of the conditions precedent, Ng is obliged to undertake a MGO to acquire the remaining shares from the rest of the shareholders.

Posted by danielcctan > 2016-06-30 19:33 | Report Abuse

tomorrow gap up lo !!!

Posted by Mohd Fahmi Bin Jaes > 2016-06-30 19:35 | Report Abuse

not yet

berry

1,036 posts

Posted by berry > 2016-06-30 19:54 | Report Abuse

0.90 apiece is too cheap, based on 250 days moving average, it's 0.935.

berry

1,036 posts

Posted by berry > 2016-06-30 20:01 | Report Abuse

on 16/11/15, the highest hit 1.34 & closed at 1.29.

berry

1,036 posts

Posted by berry > 2016-06-30 20:13 | Report Abuse

on 16/11/15, the highest hit 1.34 & closed at 1.29.

Posted by Beerbeer88 > 2016-06-30 21:33 | Report Abuse

Is this part of the privatization process??

kakashit

1,472 posts

Posted by kakashit > 2016-07-01 09:58 | Report Abuse

U think we will accept? Blind man also know the deal is not fair n not reasonable

Posted by danielcctan > 2016-07-01 10:14 | Report Abuse

haha...dont sell n let him push up the price to 1.34

queenfit

35 posts

Posted by queenfit > 2016-07-01 10:30 | Report Abuse

is it a confirm thing? this 0.90 MGO

Posted by investpeople > 2016-07-01 11:03 | Report Abuse

Hai yooo .... 90sen MGO offer. Please make an offer at better and fair price. NTA RM1.54

Posted by danielcctan > 2016-07-01 11:21 | Report Abuse

sell to him above 1.30 la

Posted by danielcctan > 2016-07-01 11:21 | Report Abuse

dont sell to him at 0.9. Sell above 1.3 la

ccp78789

201 posts

Posted by ccp78789 > 2016-07-01 11:35 | Report Abuse

0.9 really think we are begger

john doe

749 posts

Posted by john doe > 2016-07-01 11:51 | Report Abuse

So called independent valuer/analyst will tell you the offer is unfair (vs NTA) but reasonable (vs past 5 days or more average share price)... Haha... support at least RM1.30...

mondrian

381 posts

Posted by mondrian > 2016-07-01 13:16 | Report Abuse

1.30 above us fair value. Syf needs Meico. Keep accumulating will available.

2016v

310 posts

Posted by 2016v > 2016-07-01 14:56 | Report Abuse

well that is how the corporate game is played
big bully the minorities
surely the new owner will want to buy below nta
there is no incentive to buy at nta

kakashit

1,472 posts

Posted by kakashit > 2016-07-01 15:03 | Report Abuse

No worry, it will not be unconditional unless u all sell to him until 75%, i will keep my shares as tight as a virgin

Posted by Ezra_Investor > 2016-07-01 16:00 | Report Abuse

A serious unfair takeover.
At NTA of 1.54, takeover, sell the assets, but pay us peanuts of 0.90?
No thanks, you can save the 90 cents to yourself.
Keep holding guys. If you ain't gonna pay us fairly, then forget it.

mondrian

381 posts

Posted by mondrian > 2016-07-01 17:43 | Report Abuse

Anything below 1.30, no deal with me

pro888

182 posts

Posted by pro888 > 2016-07-01 17:56 | Report Abuse

Haha, so many voice now

pro888

182 posts

Posted by pro888 > 2016-07-01 18:07 | Report Abuse

Yesterday at 0.85

bigbigboss

441 posts

Posted by bigbigboss > 2016-07-01 20:04 | Report Abuse

pls reject !!

TheContrarian

9,171 posts

Posted by TheContrarian > 2016-07-02 15:31 | Report Abuse

This is a MGO not a take over. When a person buys more than 33% he is required by law to make a Mandatory General Offer for the remaining shares at the same price.

Posted by 酷睿齐聿 > 2016-07-02 16:36 | Report Abuse

revenue down, profit come from 'disposal of subsidiary'....

Posted by Mariyappan Munian Pappan > 2016-07-16 09:12 | Report Abuse

thecontrarian.... i really dont understand your statement... pls explain indetails pls

babypost

207 posts

Posted by babypost > 2016-07-19 16:15 | Report Abuse

mieco go go go

Posted by OngCheeTat > 2016-08-02 13:47 | Report Abuse

All in. Breakout soon

Posted by Alfred Boon Huat > 2016-08-03 21:40 | Report Abuse

Really firm support...

Posted by OngCheeTat > 2016-08-05 00:15 | Report Abuse

yaya

Posted by Jolin Lai Chi Pet > 2016-08-06 12:59 | Report Abuse

MGO means game over for this company................ good luck!!!

feimah

907 posts

Posted by feimah > 2016-08-11 11:15 | Report Abuse

Why price move tdy?

Posted by danielcctan > 2016-08-11 11:24 | Report Abuse

no more MGO haha

kakashit

1,472 posts

Posted by kakashit > 2016-08-11 21:26 | Report Abuse

hold tight, dun think too much

Posted by MoneyFace88 > 2016-08-11 21:34 | Report Abuse

Aiya, hold what tight, better dump soon. Revenue not growing for the last 4 quarter, in fact it is dropping. last quarter excluding the gain of RM 35 mil from disposal of a subsidiary, actually making loss. See below statement from quarter report. I already cabut liao. Good luck to those stil think this shit stock is good

Group profit before tax jumped to RM31.2 million from RM3.2 million a year ago after inclusion of gain of RM35.0
million on sale of wholly-owned subsidiary, Mieco Wood Products Sdn Bhd.

Posted by MoneyFace88 > 2016-08-11 21:36 | Report Abuse

Go plot a graph from the quarter data from the link below and read the quarter report and you see yourself if I cam talking cock

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=L&securityCode=5001

funitec

639 posts

Posted by funitec > 2016-08-12 10:47 | Report Abuse

Moneyface 88: youre right. Sunrise time.

Posted by Ezra_Investor > 2016-08-12 15:45 | Report Abuse

@MoneyFace88 - Either you guys simply do not read them, or you are too stupid to understand.
Ppl here already discussed the last QR long time ago, need you to tell?

"For the first quarter of 2016, Group revenue of RM61.4 million decreased 28% against RM85.5 million a year ago mainly due to lower production output at the Lipis Plant due to a FIRE THAT DAMAGED CERTAIN MACHINERY. An INSURANCE claim has been submitted for these losses."

==========================================


Posted by MoneyFace88 > Aug 11, 2016 09:34 PM | Report Abuse

Aiya, hold what tight, better dump soon. Revenue not growing for the last 4 quarter, in fact it is dropping. last quarter excluding the gain of RM 35 mil from disposal of a subsidiary, actually making loss. See below statement from quarter report. I already cabut liao. Good luck to those stil think this shit stock is good

Group profit before tax jumped to RM31.2 million from RM3.2 million a year ago after inclusion of gain of RM35.0
million on sale of wholly-owned subsidiary, Mieco Wood Products Sdn Bhd.

Go plot a graph from the quarter data from the link below and read the quarter report and you see yourself if I cam talking cock

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=L&securityCode=5001

Posted by MoneyFace88 > 2016-08-12 19:10 | Report Abuse

You clever lah. Buy more Lor , put all your money in and see if go Holland

kakashit

1,472 posts

Posted by kakashit > 2016-08-13 15:37 | Report Abuse

唉,不懂为什么,有些人就是喜欢跟钱作对。我闻到一股很酸的酸葡萄味道。

kakashit

1,472 posts

Posted by kakashit > 2016-08-13 16:00 | Report Abuse

很明显,Moneyface是那种上班不专心,整天给老板臭骂,买股票又赢少亏多,只好晚上驾Uber补贴车贷,搞到要在i3发泄不满的酸b

Posted by MoneyFace88 > 2016-08-13 16:06 | Report Abuse

Kakashit , you can go eat shit. Many other counters that I can buy , Mieco is shit stock. You can buy more and go holland

Posted by MoneyFace88 > 2016-08-13 16:09 | Report Abuse

Kaka in Hokkien is bite , please choose a better name instead of bite shit = kakashit , go makan shit and go holand with Mieco

john doe

749 posts

Posted by john doe > 2016-08-14 21:59 | Report Abuse

Time will tell especially coming this week...

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