MCE HOLDINGS BERHAD

KLSE (MYR): MCEHLDG (7004)

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Last Price

1.55

Today's Change

+0.03 (1.97%)

Day's Change

1.53 - 1.55

Trading Volume

104,700


6 people like this.

558 comment(s). Last comment by klee 2 months ago

Posted by Chia Wei Jian > 2013-12-27 10:40 | Report Abuse

not much growth for this counter, but court case makes it cash rich.

jaya888

16 posts

Posted by jaya888 > 2014-01-22 23:20 | Report Abuse

What happened to this counter...it seems that not many people are interested !

jwyap

829 posts

Posted by jwyap > 2014-02-05 19:14 | Report Abuse

A legal action was commenced on 7 April 2008 in the Kuala Lumpur High Court (Commercial
Division) by Multi-Code Electronics Industries (M) Berhad and its subsidiary, Plasmet Industries
(M) Sdn Bhd (collectively referred to as “the Plaintiffs”) against the abovementioned Defendants
for inter alia, fraud, conspiracy to defraud, knowing assistance and knowing receipt and against
the 1st, 2nd and 3rd Defendants for breach of fiduciary and fidelity duties owed to the Plaintiffs
and to recover the sum of RM44,188,262.82 paid out of the Plaintiffs’ funds.
The Plaintiffs had on 31 July 2012 obtained Judgement against all the above Defendants for
various judgement sums totalling RM44,188,262.82, with pre-judgement and post-judgement
interest plus costs, except for the 3rd Defendant against whom the suit had been dismissed
without costs and the 12th Defendant against which the suit had been withdrawn.
The 1st Defendant had passed away on 27 August 2012. On 1 August 2013, the Plaintiffs
registered the above Judgement against the personal representatives of the 1st Defendant in the
Singapore High Court and the order was successfully served.
The Plaintiffs had successfully obtained an order on 7 January 2014 to partially lift the Singapore
Mareva Injunction in Singapore High Court proceedings under Suit No. 258 of 2008/N (which
was stayed) to allow the Plaintiffs to enforce the above Judgement against the 1st Defendant’s
assets in Singapore, and to have monies held by the stakeholders for the 1st Defendant released to
the Plaintiffs. The stakeholders has on 30 January 2014 released a banker cheque of
SGD2,076,086-04 to the Plaintiffs’ solicitors in Singapore.

Eelyn Soon

514 posts

Posted by Eelyn Soon > 2014-02-18 19:17 | Report Abuse

eee... got court case ah? hmm....

mbuv4res

95 posts

Posted by mbuv4res > 2014-03-09 19:39 | Report Abuse

sudah mati for long time.

TomJerry

1,286 posts

Posted by TomJerry > 2014-03-09 20:20 | Report Abuse

Consolidation ..... wait for another uptrend .

Posted by Minami Hagiwara > 2014-03-21 15:49 | Report Abuse

dried fish. no live.

Posted by Minami Hagiwara > 2014-03-25 12:45 | Report Abuse

Please goes up, time to wake up, sleeping beauty. You are good counter.

Posted by Minami Hagiwara > 2014-03-25 13:07 | Report Abuse

April dividend ?

Posted by Minami Hagiwara > 2014-03-27 10:20 | Report Abuse

What is this, go to hell .

Posted by Minami Hagiwara > 2014-03-27 11:20 | Report Abuse

I bought last year after x, maybe I am very bad luck to read an article saying Multico very good.
The day I bought, every day falling........ keep on falling....... very black. last year, any share you bought sure now gains but why only you are falling down.

Posted by Minami Hagiwara > 2014-03-27 17:19 | Report Abuse

Go to hell

Posted by Shook-Ping Au > 2014-03-27 20:20 | Report Abuse

Anyone know why quarter result profit drop so much?

yansheng8

28 posts

Posted by yansheng8 > 2014-03-27 22:15 | Report Abuse

Drop drop this few day..

Posted by goey1960 > 2014-04-01 17:28 | Report Abuse

Although dividend has been announced, but the price keep on dropping !!! Why ???
Anyone can explains ?

jwyap

829 posts

Posted by jwyap > 2014-04-02 07:22 | Report Abuse

i think main director pull down the price and sapur, cos not much of the shares he got. less than 30%

jwyap

829 posts

Posted by jwyap > 2014-04-02 07:25 | Report Abuse

and also rm 5m received will be in next q account.

Posted by TradeInvestStocks > 2014-04-04 00:06 | Report Abuse

This is a good stock, I will keep buying. The recent quarter is bad because have to pay a lot of lawyer fees.

Posted by JosephiNe ChoNg > 2014-04-07 12:02 | Report Abuse

don't think they will pay dividend from the lawsuit. they need money for expansion to new biz..

Posted by TradeInvestStocks > 2014-04-07 17:09 | Report Abuse

just keep our fingers cross

Posted by JosephiNe ChoNg > 2014-04-07 17:39 | Report Abuse

The CEO is Doctor in profession , hope that with the new expansion it can take MCE to a new height.

tasoke

317 posts

Posted by tasoke > 2014-04-07 19:51 | Report Abuse

jangan takut, akan naik balik Rm1.90, tak lama lah, ada inform

Posted by JosephiNe ChoNg > 2014-04-08 09:02 | Report Abuse

betul, bila saja... maybe 2017 later. new biz = high risk

Posted by TradeInvestStocks > 2014-04-08 09:14 | Report Abuse

No need to worry lah, they have solid Cash in hand

dendron

88 posts

Posted by dendron > 2014-04-11 14:29 | Report Abuse

When Delloyd went up so much yesterday, this stock has no volume at all. Same news, similar counters but such difference in stock movement..

Posted by TradeInvestStocks > 2014-04-11 16:36 | Report Abuse

If it sustain today's price @ 1.57 plus the 3 sen dividend just given, I think not too bad.

Posted by TradeInvestStocks > 2014-04-16 09:50 | Report Abuse

Once this sleeping beauty wake up then we all can pocket $$$ together lor

fatty_tang

296 posts

Posted by fatty_tang > 2014-04-16 09:59 | Report Abuse

Once you wake up from your dreams then we all can pocket $$$ together lor

Posted by TradeInvestStocks > 2014-04-16 15:48 | Report Abuse

to me not dreams - may be you dream - real $$$ into the pocket

Posted by TradeInvestStocks > 2014-04-18 10:19 | Report Abuse

Buy Multico to pocket $$$

stepup

9 posts

Posted by stepup > 2014-04-19 22:20 | Report Abuse

Keep drop after dividend ex date. What happened

aaj9393

140 posts

Posted by aaj9393 > 2014-04-24 17:36 | Report Abuse

go to HELL>>>>>>>>>

aaj9393

140 posts

Posted by aaj9393 > 2014-04-25 11:00 | Report Abuse

sudah mati

Posted by TradeInvestStocks > 2014-04-28 11:02 | Report Abuse

Still sleeping...

Posted by TradeInvestStocks > 2014-04-28 18:19 | Report Abuse

Once wake up and if you don't have any then you will be too late. Just keep accumulate to enjoy Wind Fall profit in time to come.

Posted by TradeInvestStocks > 2014-05-01 12:41 | Report Abuse

For now MULTICO is still very sleepy...

Posted by TradeInvestStocks > 2014-05-02 08:39 | Report Abuse

Another very sleepy beauty...

aaj9393

140 posts

Posted by aaj9393 > 2014-05-07 20:02 | Report Abuse

Super Rubbish.

Posted by TradeInvestStocks > 2014-05-14 09:38 | Report Abuse

It will turn from Rubbish to diamond soon, as this is an un-polish diamond... buy as much as possible and waiting to pocket a lot of $$$ in time to come...

Posted by TradeInvestStocks > 2014-05-14 09:38 | Report Abuse

Buy Buy Buy...

Posted by TradeInvestStocks > 2014-05-20 15:12 | Report Abuse

Now very sleepy, but once wake up, it will shine like a diamond...

TomJerry

1,286 posts

Posted by TomJerry > 2014-05-20 15:15 | Report Abuse

dun be worry , will be next it alody . 1st target to hit 1.85

Posted by TradeInvestStocks > 2014-05-20 15:25 | Report Abuse

Buy as many as possible...

TomJerry

1,286 posts

Posted by TomJerry > 2014-05-20 15:34 | Report Abuse

The major shareholders also shares buy back , not so far alody ....

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2014-05-23 18:33 | Report Abuse

no more news incoming???

Bravo

364 posts

Posted by Bravo > 2014-05-25 10:33 | Report Abuse

The company profit dropped a lot last quarter, why?

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2014-05-28 19:12 | Report Abuse

accumulate buying someone?

jwyap

829 posts

Posted by jwyap > 2014-06-07 21:32 | Report Abuse

the director is keeping to collect this share, so he push down and collect all. q repot will come out this months, it sure has more than 6 million profit . 6 stars counter.

Posted by Patrick Ngian > 2014-06-09 19:36 | Report Abuse

6 million profit? how can you be so sure? last quarter only 2 million.. other income was one off income from law suit. i think the profit will be about 2 million+-.

Posted by TradeInvestStocks > 2014-06-10 09:14 | Report Abuse

Waking up...Lots of $$$ going to fly in to my pocket soon.

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