I was sleepless last night...Dow plunged 1800+ .... K1 0.525 200 lots .. and my eyes was staring at PC monitoring K1 dancing... wow I managed to sapu RM0.42 100 lots to average down... Cheerss... K1 u makes up my Friday...

I feel doubtful why did not mention K1 ....

Malaysian companies join forces with US firm to produce ventilators
Author: savemalaysia | Publish date: Mon, 18 May 2020, 7:29 PM

KUALA LUMPUR: Sanichi Technology Bhd, AT Systematization Bhd and PNE PCB Bhd (PNEPCB) have teamed up with a US company to produce ventilators.

The companies hope to meet global demand of such product, which is expected to increase by RM8.56 billion over the next seven years.

The companies today entered into a Memorandum of Understanding (MoU) with Arzon Solar, LLC (ARZ) to form a joint venture company (JVCo) to design, research and produce of medical grade mechanical air ventilators for local and overseas healthcare markets.

The MoU was signed by Sanichi managing director Datuk Seri Pang Chow Huat, while ATS and PNEPCB were represented by managing director Choong Lee Aun and executive director Kua Khai Loon respectively.

ARZ was represented by its chief executive officer VahanGarboushian.

The parties agreed that the shareholding shall be divided into Sanichi (30 per cent), ATS (30 per cent), PNEPCB (30 per cent) and ARZ (10 per cent).

In a joint statement today, the companies said the MOU enabled the parties to undertake design, development and production, product testing, obtaining the necessary licenses and certificates as well as the distribution and marketing for the product.

The Malaysian companies will be responsible for the production of the product and obtaining the necessary licences and certificates required.

ARZ will distribute and market the product for both domestic and international markets.

so today gap down how much ? able to stay RM0.64 ?

AT, Connect, Minetec, MYEG

The problem is other IT stock still green.. even down also only 1 - 2 sen,... K1 .. down 5 sen

Sometimes is good to cut.. at least won't stuck up yr capital.. can buy back lower price or when buying signal is back... but usually K1 comes without any signal....

0.445 only.... I think not good

yet ppls said is good sign... very funny the statement

really triggered panic selling....

Looks like no effect on K1, all gloves counters gap up

Everyone working now... no time to trade Bursa

Hopefully market won't trigger panic selling ....

That's why I wonder. these two days all Tech counters jump so fast but K1 drop.

Yes... still holding but.. might sell anytime .. I am scared just like 2nd Gpacket

my cost RM0.525.... 200 lots... RM10k paper loss

is down but volume decrease..

no support.... :-(

@zhang...pls notify if crossed ..thx

Never fall in love with a counter ??

In fact PE is very high... there is the risk, nasal swap still pending, QR unsure is good or bad.. many factors need to consider ...

breaking lower & lower

Looks like no buyers today...

9/6//20- RM0.505 done the most, 10/06//20 -RM0.50 level contributed 50% of turn over, 11/06/20 RM0.49..??? support getting lower...

Sorry guys... can we maintain this forum only for K1.. don promote other counters here

why all IT up...K1 red..

The BIG question is does this sohai really know the insider ???? or talk kok only... lol.. i can quote many Public listed companies bosses' name as well.

LOL ... i really doubt need to wait another two months... sohai..

Holiao369 K1 boss assistant Alan called me just now told that his boss is fcuk him because he fail to get ministry health to approve the nasal test. Now they resubmit document again and need wait another 2 months for process.

Close RED

Yes.. Q gone again..1.5 mils at RM0.50

I want to c the 3 mils support at RM0.50 will withdraw or not ...2.31pm.. volume stood at 28 mils shares done

I lost so much Gpacket wb... but taken back from K1

i bot RM0.265 sold 0.34, bot again RM0.33 sold RM0.44, bot again RM0.445 sold RM0.56.... latest bot RM0.52.... stuck ....lol

chyeoh1972.. yes.. i monitor quite sometimes.. not sure is good or bad

u don wan to c then don c. nobody ask u to c.

12:22pm 1.06 Mil shares support BUY Q ... it wll disappear later..

@Phydhel.. see the tracker ...

I noticed mil shares RM0.50 Q and withdrew many times....

Haiz....... boring day.. just hope K1 not 2nd Gpacket wb...

Don tell me it will go below RM0.50 again later.....

Anyone here holding more than 200K units here ?

Hovering RM0.49 - RM0.51

0.515 ,,.. looks like ding dong ding dong

the resistance becomes lower & lower... sighs

RED

Pre open 0.50... unchanged

Low PE but heard cashflow is bad?? high gearing ?? I have not studied the finanacial background yet ....can anyone summeried ?

where got suspension ???

Fake Q disappeared with a second

0.495 0.50....

RM0.50 buyers also withdrew