MAXLAND BERHAD

KLSE (MYR): MAXLAND (7123)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.095

Trading Volume

348,800


6 people like this.

11,423 comment(s). Last comment by whistlebower99 1 week ago

carynchua

86 posts

Posted by carynchua > 2018-07-25 21:17 | Report Abuse

Don't chase OR (ORDINARY RIGHTS) thinking u have hit the jackpot. Eg: if u buy 100,000@0.045 u have to subscribe by paying another 0.050, therefore total cost $9,500 and u would get 50,000 bonus shares. $9,500/150,000 shares average $0.0633. when it is listed, do u think it can maintain at present price of $0.075? Wait till this Friday if market is bad u might get it cheaper by 4.30pm?

OngLai88

1,234 posts

Posted by OngLai88 > 2018-07-25 22:02 | Report Abuse

Make sense. When the rights & bonus shares are listed, billion more shares will be available, waiting to sell......most likely the price will be hovering around 6 - 6.5 sen

low93999

41 posts

Posted by low93999 > 2018-07-25 23:37 | Report Abuse

Pelaburuntung u will hv 390k share + 130k mother share. Total 520k share

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2018-07-26 06:04 | Report Abuse

I still not received the form. May i know you all received?

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2018-07-26 06:04 | Report Abuse

Or nèed to wait until OR expired then only receive?

rijack88

1,008 posts

Posted by rijack88 > 2018-07-26 08:04 | Report Abuse

the form just sent out.. will receive by Friday or next Monday..

Posted by Nicholasming91 > 2018-07-26 08:34 | Report Abuse

I got the feelin that foreign investor will invest here...

AlfI3

1,277 posts

Posted by AlfI3 > 2018-07-26 08:41 | Report Abuse

Hi Yu and Mee, possible too u may received d form until OR expired, as it wud b reached u via normal post. As long as u apply d rights via Symphony hse b4 6/8/18, no worries then. Otherwise, u shud hav sold it latest by tmrw prior to d rights trading ceasation on Mon, if u wish to relinguish ur rights. Hope it clarifies

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 09:32 | Report Abuse

for those who have not receive your form, u can get it from your broker, also contact broker for any doubts

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 09:33 | Report Abuse

my broker have sent me tru whatsapp, haha

tznwong

2 posts

Posted by tznwong > 2018-07-26 10:00 | Report Abuse

Hi, i am newbie here.
I bought 6000 shares PWORTH @ RM0.275.
Just noticed was alloted 12000 shares PWORTH-OR @ AVG RM0.07 / Market Price RM0.045.
Please advise:
1. if i to maintain my 6000 shares only and sell off the 12000 shares OR, what will be my 6000 shares valued at, giving current market price @ RM0.075?
2. if i to exercise the OR, how much i have to pay further, based on 12,000 shares OR? And what will be my new shares no.?
Thanks for helping me out. Didnt expect to encounter this OR issue so soon.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-07-26 10:00 | Report Abuse

Good stock, keep earning

jeffng570

520 posts

Posted by jeffng570 > 2018-07-26 10:29 | Report Abuse

feel like this counter no hope

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 10:33 | Report Abuse

@tznwong, your cap investment rm1650
1) 6000 shares x 0.075 = rm450 while 12k OR x 0.045 = rm540
2) 12k OR x 0.05 = rm600, u will get 12k share + 6k bonus shares = 18k shares
18k shares x 0.075(current price) = rm1350

since u are keeping the share from rm0.275, u should be confident with the company and should average the cost when it's having discount price now. or u prefer buy high sell low to cut loss?

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 10:47 | Report Abuse

report wan abuse

tznwong

2 posts

Posted by tznwong > 2018-07-26 10:50 | Report Abuse

thanks Brian Loke for advice.
Meaning if i folk out additional RM600, my total shares will be 6000+18,000 = 24,000 shares @ investment cost of RM1650+600 = RM2,250.
Average out will be RM0.09375?

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 10:57 | Report Abuse

correct, sell higher at tp1 = 0.11, tp2 = 0.14

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 11:00 | Report Abuse

cut loss when the company's fundamental change bad

Posted by pelaburuntung > 2018-07-26 11:02 | Report Abuse

brian loke: for the time being, the comp perforamnce shall be good , looking at the logging record for each month

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-26 11:30 | Report Abuse

Very stable, so good

OngLai88

1,234 posts

Posted by OngLai88 > 2018-07-26 11:49 | Report Abuse

After listing of rights and bonus shares, don't think price is able to break 10sen for a long time to come. 14sen is equivalent to 46sen cum rights.....major shareholders will be laughing their ways to the bank.....nothing is impossible.....just wait to see

Posted by Nicholasming91 > 2018-07-26 14:19 | Report Abuse

Yes at least 6-12 months

Posted by Thiam218 > 2018-07-26 14:23 | Report Abuse

wonder the immediate harvesting in Sabah is affected by the Warisan Govt.

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 15:08 | Report Abuse

if got affected, can see from chart movement or directors dispose first, haha..

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 15:40 | Report Abuse

report wan

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 16:43 | Report Abuse

u can apply erights through public bank, refer link above, so much easier

Posted by Nicholasming91 > 2018-07-26 16:53 | Report Abuse

Report wan

Posted by kutumalu > 2018-07-26 17:32 | Report Abuse

Hi Brianloke, many thanks for this important info! We can now subscribe to the RI via PBE online, quick and secure. Awesome!

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-26 17:41 | Report Abuse

i just got to know today, pls try and share with us

Posted by pelaburuntung > 2018-07-27 10:03 | Report Abuse

last day for trade OR

HITnRUN

298 posts

Posted by HITnRUN > 2018-07-27 10:07 | Report Abuse

how about other bank? CIMB or HL?

joni

1,248 posts

Posted by joni > 2018-07-27 10:07 | Report Abuse

they have to push higher to attract right issue subscription

Posted by kutumalu > 2018-07-27 10:27 | Report Abuse

according to the prospectus, there are 2 banks that currently offer e-rights subscription via online banking; (1) public bank & (2) affin bank

for detailed info and instructions, please read the prospectus online at http://www.bursamalaysia.com/market/listed-companies/company-announcements/5859909 (if you haven't already received the prospectus & form)

Posted by NoobTrader88 > 2018-07-27 10:48 | Report Abuse

last week investment banker called me.i agreed to subscribe .. the person asked me to have my account to have XXXX amount for it to be auto debited on 31/07
How do i sure know that im subscribed ?

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-27 11:02 | Report Abuse

yes, correct. it's mentioned at Chapter 10.2in the Prospectus.

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-27 11:28 | Report Abuse

report wan

plcinvest

17 posts

Posted by plcinvest > 2018-07-27 11:40 | Report Abuse

Hi Wan, can you just stop posting the same comments over and over again? If you have got no other comments to post just leave everything status quo. You have said enough in sending warning to all of us in this forum. Thank you for your concern over the well being of all retail investors so that we don't get caught in PWI. I do hope you don't miss out when the price of PWI moves up.

afifi

2,034 posts

Posted by afifi > 2018-07-27 12:08 | Report Abuse

ye la all company , consolidation....nak kentut pun payah...
hee, share ...price teruk.kkkkk
bicareful......
now klci cari makan aje...
gua dah cakap ,,,
tukar ceo..

Posted by moneytrail > 2018-07-27 13:27 | Report Abuse

@wan you are so persistent. So funny to see this guy copy and paste his comments over and over again. Bless you bro.

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-27 15:30 | Report Abuse

i have done my subscription thru pbebank, will call symphony next day(monday) to confirm it.

Posted by kutumalu > 2018-07-27 16:03 | Report Abuse

That's nice Brian Loke! I'll do the same shortly as well.
I've a quick question:

Say if I purchase the excess rights shares (in addition to my Provisional Allotment), will my excess shares be entitled to the Bonus Issue of 2:1 as well?

My understanding is that they won't be entitled to Bonus Share because ex-date was on Jul 20 2018 right? Kindly correct me if my understanding is wrong. Thanks!

rielza

109 posts

Posted by rielza > 2018-07-27 16:15 | Report Abuse

Hit 085..go go go

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-27 16:24 | Report Abuse

@kutumalu, i asked my broker, he said yes, wow...buy buy buy

hng33

19,981 posts

Posted by hng33 > 2018-07-27 16:28 | Report Abuse

will opt to subscribe right share and apply excess

Posted by kutumalu > 2018-07-27 16:30 | Report Abuse

@Brian Loke
If the excess shares are entitled to Bonus Issue, then this is actually an attractive buy for long term. I may consider getting the excess now.

Brian Loke

189 posts

Posted by Brian Loke > 2018-07-27 16:34 | Report Abuse

yes, make it oversubscribe

Posted by Nicholasming91 > 2018-07-27 17:14 | Report Abuse

What does excess share mean ?

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