Posted by greedy44 > 2018-01-15 18:29 | Report Abuse

Better prospect for medainc with the entry of the new shareholder ??

Posted by greedy44 > 2018-01-15 18:32 | Report Abuse

This stock already quiet for many months because of the tight holding by the Teoh family and Datuk Tiong.

Posted by GG_Liang > 2018-03-06 09:58 | Report Abuse

Strange counter played a few players only

Posted by kakijudi > 2018-06-12 13:25 | Report Abuse

Potential limit up second half

Posted by lambert1984 > 2018-06-12 14:43 | Report Abuse

ada sesiapa tau kenape naik banyak?

Posted by newrookie > 2018-06-12 15:04 | Report Abuse

Goreng only. No news..

Posted by newrookie > 2018-06-13 11:48 | Report Abuse

My mistake. No more goreng. It's going to uptrend from now on..

Posted by GG_Liang > 2018-06-13 12:24 | Report Abuse

Typical one day show

Posted by wanmzwma > 2018-06-17 14:49 | Report Abuse

Inshallah will be lumayan (good)

Posted by Trader72 > 2018-06-20 19:16 | Report Abuse

Goreng stock by kim could be.

Posted by shernlee > 2018-07-25 20:32 | Report Abuse

tis is the worst stock ....hahha who touch this sure cry

Posted by shernlee > 2018-08-09 20:57 | Report Abuse

dun kena trap guys..tis is shit company..dun chase..let those ppl kena burn

Posted by Mukhazli Yunus > 2018-08-14 10:08 | Report Abuse

This is worst stock

Posted by shernlee > 2018-08-14 18:19 | Report Abuse

yup agree..dun buy tis con stock..go shift other

Posted by shernlee > 2018-08-24 22:37 | Report Abuse

another shit result coming up soon..dun kena trap guys..beware with tis counter..those teoh bro..u know them well..even naik few senn..dun chase guys

Posted by yeekarwai 95 > 2018-10-20 00:42 | Report Abuse

up soon

Posted by shernlee > 2018-10-21 15:37 | Report Abuse

dun kena cheat man..tis stock as long as teoh bro inside ..dun touch..i am one of the victim:(

Posted by shernlee > 2018-10-21 15:39 | Report Abuse

they are trapping ppl inside..no volume at all..all syok sendiri oli..fully control by teoh..dun touch

Posted by yeekarwai 95 > 2018-10-22 22:50 | Report Abuse

Now have seth yap take control of it,expect share price will up significantly.

Posted by shernlee > 2018-10-24 07:35 | Report Abuse

haha i dun tink so fast bro...if seth eat all teoh shares..then it should be better for us to touch..otherwise..even they raise..better dont touch 1st

Posted by yeekarwai 95 > 2018-10-24 14:17 | Report Abuse

nvm,i bought at 0.360,cost quite low.

Posted by shernlee > 2018-11-15 21:45 | Report Abuse

seems coming back to ori price soon..con counter again..oops..as always teoh bro is the best..hahahah...

Posted by yeekarwai 95 > 2018-12-04 17:41 | Report Abuse

what i see is push up soon

Posted by shernlee > 2018-12-08 21:23 | Report Abuse

cz of privateplacement..tats y gt volume..but still not looking gud..tis company all the time also syok sendiri..watchout those beginner..tis company past record is crap..lets see how tis mr yap..isit the same as those previous teoh bro..haha

Posted by shernlee > 2018-12-10 19:17 | Report Abuse

lol bro..look at today price..holiao..wa suka mr teoh..my idol

Posted by yeekarwai 95 > 2018-12-10 22:19 | Report Abuse

horrible

Posted by Lukesharewalker > 2018-12-11 10:51 | Report Abuse

Another yong Tai? The linggi land is practically useless...

Posted by yeekarwai 95 > 2018-12-11 10:54 | Report Abuse

why say so?
yongtai have goreng to sky limit,this one havent up a single cent.

Posted by shernlee > 2018-12-12 20:45 | Report Abuse

if other company..i dare to in..but tis is famous in sxxx ppl money..as long teoh inside..raise how much oso dun touch..anytime can gv u a big bomb..wahahha

Posted by shernlee > 2018-12-30 18:27 | Report Abuse

well now u can see it..the power of teoh

Posted by djibaok > 2019-01-20 23:02 | Report Abuse

TEOH TING TONG

Posted by masterkevin212 > 2019-01-24 09:49 | Report Abuse

The new share holder from M101 also useless...

Posted by shernlee > 2019-01-24 21:35 | Report Abuse

lol..even uncle koon inside oso useless..as long teohh inside..dont touch pls

Posted by commonsense > 2019-03-07 15:54 | Report Abuse

In FY18 the company recorded a total net loss of RM23.1mil. Balance sheet is considered to be weak with debt of more than RM38mil (of which RM25.7 mil is current debt) and only a cash reserve of RM2.4mil.

The company immediate plan is to try and develop their 620 acre land at Kuala Linggi, Melaka into Malaysian Tourism City (over 3 phases). The first phase consists of a water theme park, a weekend market, an adventure park, eco-tourism park, a hotel, a tourism facilities and vacation bungalows (called The Estate). The 1st phase is expected to start in the 2Q19 with completion by 2022. The company will start off by focusing on the 480 units bungalows and the 300 rooms hotel which have a total value of RM464mil and RM326mil respectively bringing a total combine of RM790mil.

As mentioned earlier, the company currently has limited cash reserve to start the project which is why they had proposed to do 2 equity capital raising which are:

1) Share issuance of 49.26 mil shares. Estimated to raise around RM18mil
2) Private placement of 49.26mil shares. Estimated to raise around RM18mil

With the RM36mil they will put RM30mil for the development cost of the Melaka project. However, the RM30mil will only be sufficient for the early stage of the development. Investors need to be prepared for another round of equity capital raising later which most probably be in the form of Right Issues as it will provide the company with higher potential amount to be raised.

You should only invest in this company if you really believe in the Melaka project as you will potentially need to pump in more money later to help the company raise the fund to complete the project.

If you are looking to hedge your portfolio outside of Meda Inc (due to its weak earnings outlook and potential future capital raising exercises), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by birkincollector > 2019-03-07 17:44 | Report Abuse

goreng soon

Posted by shernlee > 2019-03-07 21:53 | Report Abuse

please dun ask ppl naik holland..u go urself can d..this shit counter even naik 10sen oso dun touch..forever rubbish stock

Posted by birkincollector > 2019-03-07 21:55 | Report Abuse

i said goreng..not invest..LOL

Posted by shernlee > 2019-03-07 22:03 | Report Abuse

can la base on chart.. 4 to 5sen no prob la..then can run d

Posted by birkincollector > 2019-04-06 10:30 | Report Abuse

some news in the edge weekly.

Posted by shernlee > 2019-04-06 11:16 | Report Abuse

can copy and share to here?

Posted by birkincollector > 2019-04-06 13:28 | Report Abuse

Something about selling assets to develop melaka land for tourism. And hopeful to have profit this year

Posted by shernlee > 2019-04-08 21:47 | Report Abuse

hmm news oso no use..cant jalan...all share still hold by those useless tauke inside..tats y tak boleh jalan..

Posted by shernlee > 2019-04-11 21:15 | Report Abuse

i never see a company so shit until like this..never up..only down..i think this is the worst company that we are holding..any company that penny oso can naik..only this is shit..

Posted by aris743 > 2019-04-11 21:23 | Report Abuse

buy warant cheap lor

Posted by shernlee > 2019-04-11 22:24 | Report Abuse

MOTHER OSO CANT MOVE..WAD FOR BUY WARRANT..LOLX

Posted by bull55 > 2019-04-12 14:51 | Report Abuse

coming ady

Posted by Yusuf Isa > 2019-04-12 14:55 | Report Abuse

What happen? Suddenly active.

Posted by aris743 > 2019-04-12 15:24 | Report Abuse

good

Posted by aris743 > 2019-04-12 15:24 | Report Abuse

new name

Posted by Yusuf Isa > 2019-04-12 15:25 | Report Abuse

aris743... Which one should I buy between WA, WB & WC?