Posted by lam7894 > 2014-11-13 14:35 | Report Abuse

Mr. Yeo Kim Soon is the son of Mr. Yeo Ah Tee.
Purchase from open market.
Acquired 12/11/2014 1,140,000 1.110
Direct (units) 1,140,000
Direct (%) 1.875

Posted by lam7894 > 2014-11-13 14:40 | Report Abuse

A company with no debt.
Cash + financial assets already RM45,401,000 $$$$ or net cash 75cents per share! $$$$.
With attractive dividend and other valuable assets, and perhaps take-over offer from the substantial shareholders (Mr. Yeo Ah Tee, No. of shares held 47%)?

Posted by jennylee1382 > 2014-11-13 20:04 | Report Abuse

lam what you do think abt this counter?

Posted by lam7894 > 2014-12-05 08:48 | Report Abuse

General offer for cash-rich Mintye

Friction materials manufacturer Mintye Industries Bhd’s executive chairman Yeo Ah Tee and related parties are mulling a voluntary general offer to take the company private at RM1.60 and above. (Focus Malaysia)

Posted by jtpc2006 > 2014-12-08 09:22 | Report Abuse

Be careful, announcement from Mintye official website:

We refer to the article titled “General offer for cash-rich Mintye” appearing on page 8 in Focus Malaysia, 6-12 December 2014, and drawing our attention to the highlighted sentence in the said article, reproduced as follows:


“… Mintye Industries Bhd’s executive chairman Yeo Ah Tee and related parties are mulling a voluntary general offer to take the company private at RM1.60 and above.”


After consultation with our Executive Chairman and major shareholder, Yeo Ah Tee, the Board of Directors of Mintye Industries Bhd (“Mintye”) wishes to inform Bursa Securities that it is neither aware nor has it any knowledge of any plan for a voluntary general offer to take Mintye private as stated in the said article.


An appropriate announcement will be made in accordance with the provisions of the Main Market Listing Requirements of Bursa Securities should there be any definitive corporate development.


This announcement is dated 5 December 2014.

Posted by longvix > 2014-12-08 09:42 | Report Abuse

that is common vague answer and does not constiute a denial. the board is not deemed to have knowledge until it receives an offer letter just like goldis

Posted by jtpc2006 > 2014-12-08 11:15 | Report Abuse

cash is king, anything may happen, just don't jump in on rumous now, falling KLCI very risky

Posted by Lip Woon Thiam > 2014-12-08 14:42 | Report Abuse

There is an old saying in Share Market, When the old man dies, the juniors will make waves and the related shares will rise!? One eg was Lee Rubbers. When Mintye senior director passed away, The share was purchase back at RM 8.00!? Pls. check the pass records. Now, it is RM 1.60 or more? So as Tun Dr M says : "We Malaysian are stupid!?"

Posted by samer > 2014-12-08 15:01 | Report Abuse

Huh ?? OMG !

Posted by longvix > 2014-12-08 15:51 | Report Abuse

This company's fundamentals by itself is very solid regardless of whatever rumours you want to circulate. It's dividend yield last year was 4 percent. Please remember half the company's market cap is cash and there is no debt at all. Its damn rare to find a company like this

Posted by jtpc2006 > 2014-12-08 16:08 | Report Abuse

if KLCI keep diving, and no matter how rare gems are (there are many more),cash is still king.

Posted by piggy > 2014-12-08 22:24 | Report Abuse

Agreed with jtpc2006.

Posted by jtpc2006 > 2014-12-09 07:33 | Report Abuse

DJ sharp fall overnight, expect KLCI to continue dive, it makes no sense KLCI rudderless always follow the pack.

Posted by cefiro22 > 2014-12-09 10:26 | Report Abuse

Isn't it usual for any Company to "deny" knowledge of what's happening? Working on fundamentals can seldom go wrong. I think the support level will be strong at 1.28.

Posted by longvix > 2014-12-09 10:59 | Report Abuse

denying knowledge is different from denying that you intent to privatize as the latter will subject you to a six month ban from privitization. denying knowledge is a common vague answer given in order for them to be exempted from the six month ban just like Goldis.

Posted by cefiro22 > 2014-12-09 12:50 | Report Abuse

Thanks. Whatever, the Directors know best how to answer and what their "hidden agenda" is. Our object, no different from them is "to make money". Cheers!

Posted by samer > 2014-12-12 15:45 | Report Abuse

NAB = RM 1.75, now stock at RM 1.15............cheap sale

Posted by jtpc2006 > 2014-12-12 15:48 | Report Abuse

Mintye NTA is 1.75 current price 1.16, E&O NTA is only 1.37 current price 2.21. Buy in Mintye more attractive now.

Posted by firehawk > 2014-12-12 15:53 | Report Abuse

thanks longvix, a difference of that ....

Posted by paperplane > 2014-12-31 08:55 | Report Abuse

This company do car breaks. Rubber price went down recently. Shld be good for it in near future.

Posted by paperplane > 2015-01-07 05:28 | Report Abuse

Waiting it explode soon.

Posted by paperplane > 2015-01-25 17:22 | Report Abuse

Buy now!

Posted by paperplane > 2015-02-16 23:55 | Report Abuse

Doing some amalgamation of shares...is this a privatize hint? Rm1.65 is earlier rumors. Nta now 1.75

Posted by paperplane > 2015-02-26 09:38 | Report Abuse

wow, 1.33?? Privatise 1.65 coming??

Posted by paperplane > 2015-02-27 18:26 | Report Abuse

Thriw 1.24 somenone purpose ly push back 1.29.let see next week i push it

Posted by paperplane > 2015-03-18 10:53 | Report Abuse

keep quiet on GO........shhhhhhhhh

Posted by paperplane2 > 2015-06-09 08:15 | Report Abuse

sleeeeeeeeping

Posted by paperplane2 > 2015-07-10 14:02 | Report Abuse

seems like GO quiet down. HIGH NTA stock, low value now! 1.60 Min in future. Export also.

Posted by WINNING > 2015-07-17 21:59 | Report Abuse

3% dividend last 21/7/2015

Posted by Jason Yong > 2015-12-18 17:46 | Report Abuse

Revenue,Net Profit increase

Posted by permastan > 2016-01-24 18:32 | Report Abuse

Sleeping share with passive poor director

Posted by Hunter Chan H K > 2016-03-03 11:34 | Report Abuse

i met the director on last year AGM. this company is very china man family business. they are not intent to goreng the share price but they will make sure declare dividend yearly. its suitable hod for long term

Posted by piggy > 2016-03-28 22:28 | Report Abuse

why suddenly the volume increase so much? Normally the volume is very very low

Posted by tonylim > 2016-03-28 22:29 | Report Abuse

How the volume today

Posted by tonylim > 2016-03-28 23:13 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5034185

Posted by tbchua > 2017-04-26 23:14 | Report Abuse

finally wake up

Posted by YAPSS > 2019-04-30 19:19 | Report Abuse

Day 58 of Fundamental Daily, YAPSS will be covering Mintye Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #MintyeBerhad

Click the on the link to find out more: https://youtu.be/2vXEEhYZm2k

Posted by maizack > 2019-07-26 00:05 | Report Abuse

what happen to this counter? share price is uprising 24 sen to rm 1.00 today from 76 sen (10/07/2019).

Posted by cefiro22 > 2019-08-19 23:09 | Report Abuse

finally...this is what has happened>>
https://www.thesundaily.my/business/mintye-controlling-shareholder-to-privatise-company-through-selective-capital-reduction-repayment-of-rm1-30-apiece-HJ1281889

is 1.30 a fair price.?

Posted by rookie125 > 2019-08-20 13:09 | Report Abuse

Not even close. NTA is around $1.80 per share based on the latest financial. The owner can easily pay upward of $1.50 and it is still a highway robbery. A lot lands are valued at cost so the real NTA is probably higher than $1.80.

Posted by dompeilee > 2019-08-20 17:08 | Report Abuse

After 66 months as a Mintye shareholder, I have to wait for the privatisation to complete because my cost is 11,622.83 for 9,000 shares or else I will incur a realised loss.

On the other hand, I have received over $1,100 in dividends.

Posted by dompeilee > 2019-08-20 17:10 | Report Abuse

Hopefully they will raise the SCR to 1.50...confirm many ppl will accept & they can take private more easily & quickly.

Posted by rookie125 > 2019-08-21 18:32 | Report Abuse

I doubt Yatee & Sons will want to raise the price voluntarily unless they know they won't get 75% consents. Like any good business man, they will not want to pay more than they need. The good news is that Yatee & Sons will not be allow to vote on this SCR. It will be up to the rest of shareholders.

Posted by dompeilee > 2019-08-23 16:52 | Report Abuse

Need 2 vote as well? Any option to accept before EGM? Had bad experience from MAA when price plunge when SCR was rejected.

Posted by cefiro22 > 2019-09-24 16:13 | Report Abuse

https://www.thesundaily.my/business/yatee--son-ups-scr-offer-price-for-mintye-to-rm1-36-apiece-JB1399685

put up block for sale at 1.31...why Yatee not interested?

Posted by cefiro22 > 2019-09-24 21:10 | Report Abuse

The deepest value in Mintye does not lie in their friction
materials business but in their landbank in Segambut and Ayer Keroh Melaka and its huge cash hoard ...Yatee knows that...so hope they up the offer to over RM1.60

Posted by rookie125 > 2019-09-25 09:38 | Report Abuse

Absolutely spot on. The lands are valued at cost so the real NTA is much higher than $1.80.

Posted by sleang > 2019-09-25 14:57 | Report Abuse

revised price to 1.36, but still far from the NTA..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6290301

Posted by dompeilee > 2019-09-30 16:03 | Report Abuse

Is Yatee the one Q-ing to buy 95,800 @ 1.31?

Posted by dompeilee > 2019-10-25 19:10 | Report Abuse

Meeting to vote on SCR : 26 Nov.