MN HOLDINGS BERHAD

KLSE (MYR): MNHLDG (0245)

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Last Price

0.305

Today's Change

+0.01 (3.39%)

Day's Change

0.29 - 0.31

Trading Volume

7,709,800


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131 comment(s). Last comment by bf48qo 4 hours ago

Kanenites

2,836 posts

Posted by Kanenites > 2022-12-21 14:49 |

Post removed.Why?

Michael Kwok

5,272 posts

Posted by Michael Kwok > 2022-12-21 15:07 | Report Abuse

Sell call 31 cents
Overbought on daily and hourly
21/12/22 3.07pm

Kanenites

2,836 posts

Posted by Kanenites > 2022-12-21 15:09 |

Post removed.Why?

sammyramon

283 posts

Posted by sammyramon > 2022-12-21 17:15 | Report Abuse

manyak olang kina kincing looo

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

trader808

150 posts

Posted by trader808 > 2 months ago | Report Abuse

Tomorrow Jan 13th company will convene EGM to obtain shareholders approval to approve the bonus issue of 204,375,000 free warrant on the basis of 1 free warrant for 2 existing shares held on an entitlement date.
This is a kind gesture by the management to reward its long term shareholders. The corporate exercise would firmly support the share price.

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Posted by Aimanxkesah > 2 months ago | Report Abuse

terima kasih MNHolding

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago | Report Abuse

sama-sama

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Posted by WisdomEye > 2 months ago | Report Abuse

Bonus warrant ex date coming ? End of Januaary already!

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 2 months ago |

Post removed.Why?

Kanenites

2,836 posts

Posted by Kanenites > 1 month ago |

Post removed.Why?

manka

358 posts

Posted by manka > 1 month ago | Report Abuse

Ini katak mcm vestland...bila beli dia turun sampai bebrapa bulan baru naik..kijkihkih

manka

358 posts

Posted by manka > 1 month ago | Report Abuse

Ipo buka 21 sen....paling tinggi 27 sen...kihkihkih..

Kanenites

2,836 posts

Posted by Kanenites > 1 month ago |

Post removed.Why?

trader808

150 posts

Posted by trader808 > 1 month ago | Report Abuse

1.Share price of MN holding has gradually advanced since 2 months ago in December.. Its momentum has gather strength and consistently throttled upwards. Yesterday it has firmly conquered new height with moderate volume.

2.The path going upwards is supported by the reward of the forthcoming bonus issues of free warrants.
3.Bursa has approved the bonus issue. EGM has been convened and shareholders approval obtained. Market is awaiting its announcement of the entitlement date and X date any time soon.

4.MN holding has been relatively quiet and illiquid since listing. It has only recently exhibited some interest and excitement in the market.

5. Technically, it has established a golden cross and the distance between the 20 day and 50 day moving average continue to widen. Therefore the long term uptrend is expected to continue. At 35 sen, the price which is now above the 9 day 20 day and 50 day moving averages is a sign of strength and has further prospects of advancement.

6. Likewise, the MACD line has also crossed the signal lines. we can expect the MACD line and signal line to again widen in the coming days indicated by the larger green histograms. The positive momentum is expected to continue.

7. Fundamentally, the company has Rm365m worth of projects and orders on hand with earning viability until 2025.

8. With these orders on hand top line and bottom line as well as future earning growth are realistically expected.

9. Market is awaiting its announcement of x date and the date of entitlement of free warrant. The bonus issue is positive and price sensitive.
When this happens, the share price will be turbocharged.

10. Hence, it is unwittingly wasteful to further delay in action and miss out on the golden opportunity.

Happy trading.
4/1/2023

trader808

150 posts

Posted by trader808 > 1 month ago | Report Abuse

After much anticipation,MN Holding finally announced the X date for the bonus issue of free warrant. For every 2 existing shares you hold until market close on 23/2/23 you are entitled to 1 free warrant on the 24th Feb.

Over the past few weeks, the share price has gone up a few sen. Naturally, the bonus will sustain the elevated share price. With a bit of luck, it might even advance further upwards.
9/2/23

Kanenites

2,836 posts

Posted by Kanenites > 1 month ago | Report Abuse

woww

J2911

39 posts

Posted by J2911 > 1 month ago | Report Abuse

wow! hope it can move up to 0.415

Posted by 2020covid19 > 1 month ago | Report Abuse

how nice if your "WISHES" can come true

trader808

150 posts

Posted by trader808 > 1 month ago | Report Abuse

1.Yes, it is effortlessly possible. It is happening and yet surprisingly not many are interested in this counter. The price you had wished for and may be even better will be accomplished when it moves closer to the x date. \

2.The substance in MNHolding is in the forthcoming warrant. It is structured and created in a manner to reward and benefit the owner and his long term loyal investors. It could be you and for those who dare.

3.For 2 existing shares you are given 1 free warrant on 24th Feb 2023. Its conversion price has been fixed at 20 sen.

4. Assuming today is the x date for the purpose of analysis,and at the current price of 38.5 sen the reference price would be[ (2 x 38.5) + 20 ] / 3 is 32.5 sen
Therefore the warrant tentatively has an intrinsic value of 32.5 minus 20 = 12.5 sen.

5 It could be better because warrant has a conversion price and a maturity date.
And hence, it has an intrinsic value plus a time value.

6.Trading in warrants in highly lucrative owing to its high gearing.
High gain is naturally associated with high risk.
Therefore, trade cautiously and great care must be exercised.
Do you still want the MNHolding warrants?.

12/2/23

Kanenites

2,836 posts

Posted by Kanenites > 1 month ago | Report Abuse

wwowww

trader808

150 posts

Posted by trader808 > 1 month ago | Report Abuse

MN holding has announced its 2Q result today.
It reported a 57% jump in revenue and 115% increase in profit

2. It has order book of 325.9m an increase of 89% from 172.2m since listing.

3. Management envisions a bright prospect for the company and the contracts are expected to contribute positively over the next 2 to three financial years.

4.Market believes the positive result will sustain the current share price and may be even elevates it further upwards.

20/2/23

trader808

150 posts

Posted by trader808 > 1 month ago | Report Abuse

MN closed at 35 sen yesterday. The counter has gone X and shareholders are entitled to the free warrants.This morning the adjusted reference price is 35 x 2+ 20 all divided by 3 is 30 sen.
2.When trading began, the counter exhibited weakness and share price fell sharply to hit 25.5 sen in the morning over moderate volume. Many saw the opportunity for a cheap bargain.
3. Buying support returned and the momentum gather strength and the counter closed for the day at 29.5 sen or half sen below the reference price over considerably huge volume.
4. Basing on the volume and pattern of trade, the bulls are obviously active and charging. They will spare no effort to secure a good price for the warrants to be listed and quoted in the coming days.

5. And that means the underlying shares must perform.

6 Technically, MN undergoes a price pattern of a hammer in the candlesticks chart. A hammer happens when the share price trade significantly lower than its opening price but rallies within the period to close near the opening price.

7.MN mirrors this trading pattern. It opened at 29.5 sen and quickly fell and hit 25.5sen and bounced back to close at 29.5 sen to form a hammer. Technical hammer is a potential bullish reversal.

8 Hence, price will continue to strength and is realistically expected to recover lost ground in the coming days leading towards the listing of warrants.

9 Still there is money to be made if you dare.

10. This is my personal perception of the counter

24/2/2023

Posted by OMR@obm_4558 > 1 month ago | Report Abuse

Bila & bagaimana agehan dibuat _ rekod CDS masih belum masuk daaa....
MN HOLDINGS BERHAD ("MNHB" OR "COMPANY") BONUS ISSUE OF 204,375,000 FREE WARRANTS IN MNHB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN MNHB HELD BY THE ENTITLED SHAREHOLDERS ON 27 FEBRUARY 2023

trader808

150 posts

Posted by trader808 > 1 month ago | Report Abuse

There are rules and regulations to observe and compliant to listing requirements for bonus issues of shares and warrants.

1. once the management has decided to give bonus shares or warrants it must declare its intention through an announcement on Bursa.
2. Engage an investment bank to prepare the proposal and submit to Bursa.
3. wait patiently for the approval from Bursa.
4. prepare the circular containing the details of the bonus issues and dispatch to shareholders.
5.Convene Extra General Meeting EGM to obtain shareholders approvals.
6. after securing shareholders' approval announce Bonus EX date
7. Announce lodgement date in which shares/ warrants will be credited into CDS account
8. listing of warrant.

As for MNHolding we are now at stage 7.
For those who are interested, it is hopeful that this would help you to understand better.

2/3/2023

8.






Kanenites

2,836 posts

Posted by Kanenites > 4 weeks ago | Report Abuse

woww

Kanenites

2,836 posts

Posted by Kanenites > 4 weeks ago | Report Abuse

woow

trader808

150 posts

Posted by trader808 > 3 weeks ago | Report Abuse

1. Directors and insiders purchases are a sign of confidence and positive conviction in the prospects and future earning growth of the company. These are the people who know best and have the most up to date information about their company. Hence, directors buying its own company shares and continuing in its efforts are certainly bullish.

2 According to the announcement, on 28th Feb Dato Toh acquired a total of 530m shares from the open market. Thereafter, MN surged upwards for 4 consecutive days from 25 sen to close at 29 sen today. That is 16% gain.
3. There is still money to be made if you dare. So,hop onto the wagon and ride freely with Dato and profit from it.

6/3/2023

Posted by gctee889 > 3 weeks ago | Report Abuse

@trader808
The two Directors of 22 and 23 disposed a lot, and currently Toh Acquired 28 feb is less than 7% compared with 22 and 23 disposed

Posted by gctee889 > 3 weeks ago | Report Abuse

Warrant open 0.13-0.14

trader808

150 posts

Posted by trader808 > 3 weeks ago | Report Abuse

1MN Holding has been listed more than a year ago. The initial public offer price was 21 Sen. Historically, the share price has hit 19.5sen low and peak at 40 sen. During this period the company has rewarded its long term and loyal shareholders with bonus issue of free warrants. For every existing 2 shares, you are entitled to receive 1 free warrant that has gone Ex and traded just two days ago.
2 If you had acquired 2 lots at 21 sen, your investment capital would be Rm420. You now have 2k shares trading at 28.5 sen and the warrant is price at 11 sen. The value of your investment slightly more than a year is valued at 2 x 285 =570 and 1k warrant is worth 110. Thus, the total value is Rm680. The value of your investment in MN has grown (680 – 420)/ 420 = 62%. A whopping 62%
3 Where do we go from here and what can be expected from MN?
In the 1Q the profit after tax was 1.19m over 27m revenue. In the 2Q revenue has jumped sharply to 41m and PAT increased to 2.58m. Considering that MN has secured strong order book of 356m with earning viability until 2025,it is therefore reasonably expected that the 3 Q could be better and final quarter stronger.

4 Basing on the positively increasing trend in revenue and profit, plus the energy and passion of the management to drive up revenue and push bottom line, a profit of 4m or even higher is realistically achievable in the coming few quarters. Thus the earning per share EPS will increase. The PE price earning multiple will compress and share price will continue to make advancement.
5 Notice that last month two directors disposed a total of 35m shares at 38 sen via off market transactions. This has created some worries and concern to the public minority shareholders. It is unnecessary. At some point in time when the price is right directors would sell and cash out to reward themselves for their hard work. It is not abnormal and not alarming. People do make adjustment to their portfolio and shareholding to realign with their current situation and preference from time to time.

6 Besides, the directors collectively hold 70% of the entire issued share capital. The shares are tightly held and in control thus rendering the counter relatively illiquid. This disposal is indeed healthy and would help to improve the liquidity and daily volume traded.

7 The company has made progress and the management has done well. This time it has managed to attract the attention of the Funds and Venture Capitalist. The company’s list of quality shareholders now include Proven Venture Capital PLT. Next target would be institutions and pension Fund.

8 The inclusion of Proven Venture Capital as substantial shareholders in MN and its continued existence with more than 20m shares is a comfort to minority shareholders. They are smart professionals managing investors’ fund and portfolio. They invest in young and dynamic companies with huge potential and enormous earning growth. They sure know more things about MN that we don’t know in its prospect and future, revenue and earnings growth and projects in the pipelines.

9 So, just invest with them.
I believe the next 2 quarters will be exciting and rewarding.
9/3/2023

Jeff88

42 posts

Posted by Jeff88 > 2 weeks ago | Report Abuse

I would like to seek advise to learn here.
The bonus issue ex-date was 24th Feb but directors traded off market on 23rd Feb:
1. Do they still entitled for the bonus issues?
2. What is the reason of doing so?
3. Who are the potential buyers (usually)?
4. Would not it makes more sense to hold it and push warrant price up?

Thank,s

Kanenites

2,836 posts

Posted by Kanenites > 5 days ago | Report Abuse

wau bestnye

Kanenites

2,836 posts

Posted by Kanenites > 4 days ago | Report Abuse

wauu

Kanenites

2,836 posts

Posted by Kanenites > 3 days ago | Report Abuse

wau megah holding

trader808

150 posts

Posted by trader808 > 2 days ago | Report Abuse

1.MN has been on an uptrend ever since its IPO and listing. It has moved from 21 sen to a height of 40 sen to complete the 1st leg of its uptrend. After the bonus issue of 1 free warrant ( exercise price 20 sen ) for 2 existing shares, the shares price has retracted to a low of 25 sen to complete the 2nd retraction leg.

2.Last week the counter was on the onset of the 3rd up leg. And this week with 3 consecutive green histograms over considerably big volume the counter is now confirmed and well advance into its uptrend and raising 3rd leg.

3. Yesterday,on 29th march, technically the counter had a beautiful and remarkable Golden Cross in which the 9 day moving average has crossed over from below to above the 26 day moving average. The share price has been raising faster than before and broke through both the 9 and 26 day MA lines.

4,In technical analysis, a golden cross is a technical indicator that signals the possibility of a significant rise.

5.The counter has managed to attract some market interest. There are strength of visible accumulation. Volume has increased and share price inched up slowly.

6. In my opinion, the uptrend is confirmed and the upward momentum will gather strength in the coming weeks. Better days are realistically expected.
Let's wait and see.
All the best and happy trading
30/3/23

Kanenites

2,836 posts

Posted by Kanenites > 1 day ago | Report Abuse

wwauu

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