This MTEC is so strong, so ambitious and so generous !!! 1) products of good demand 2) venturing into new products, medium voltage cables 3): paying dividend just after IPO。 4) intention to transfer to main board in one year time
Very difficult to find a good stock such as this one !!!
summyramon, From what you said, it shows that you are interested to buy this good. But RM0.50 you offer now is too low. Don't you think so ? May be you could get that price "after the bonus issues or share splits". But how long does it take? Nobody knows.
Already sold at 0.68 and now que at 0.50....pretty sure its will heavily drops to support 0.50 base on the crazy bursa fluctuation...refer to previous stock such as Mersec, cloudpt, unique fire etc Dont fall in love with stock...
summyramon, You sold already at RM0.68. You should think others too.. What about those who bought at RM0.68 and above recently. Do you want them to suffer huge losses.
summyramon, Why you keep comparing with other companies ? Now can you answer me the following questions ? 1) Which companies declared and paid dividend as fast as MTEC ? 2) Which companies dare to state that they intend to transfer to the main board in one year time after the IPO ?
Been holding this stock since IPO, and I believe this stock would be a good choice to invest. (Though, IMO, the price is somehow a bit high currently, didn't really expect this.)
John2633, For "me" I hold MTEC mid to long term. It all depends on whether you have the confidence in the company Of course, the final decision is yours.
star899, I am just a traders which invest for profits gain. I am not a long / short term investors which have a a lots of capitals. I buy the 0.36 on the listing date then sell at 0.48 on weeks 3. Then buy back at 0.46. Luckily the counter makes the long candle after 4 days and matched at 0.68., and now que at 0.5.
Why 0.5?? Its was because Analysts ascribe 40-50 sen fair value for Master Tec amid positive industry outlook. So, dont be greedy and put too high expectation for this company. More than 0.50 is a bonus!!.,,,Yes, company can declared everything whatever they want to attract the investors but the reality is our economic is on downtrend mode and not stable.
"You should think others too.. What about those who bought at RM0.68 and above recently. Do you want them to suffer huge losses." Why I should think others, its legal at an open market and everybody is free to BUY and SELL and (TAYOR) Trade As Your Own Risks. Its not my responsibility or others if any ones who suffers for the huge loss. Dont blame others who SELL at high price. You are free and legal to do so Why you keep comparing with other companies ? For sure I must comparing with others company, doing some homework to study, analyst the fundamental, analyst the pattern of chart etc., before invest to make sure the capital is not stuck or gone. This is the lesson learn. 1) Which companies declared and paid dividend as fast as MTEC ? 2) Which companies dare to state that they intend to transfer to the main board in one year time after the IPO ? For ur question no 1 & 2 ,I'm not a right person to answer coz I am not a long term Investors and I am not interested to hold the stock more than 1-2 month. I will cut loss if the counter is Lazy to move and I will choose another new horse to ride. There are many new and old horse which is active to ride.. Happy Trading and Do not Fall in Love with Stock....and make sure to save ur capital. Sorry if you dont like my answer, this is just my 10sen opinion and practise 😍🙏🙏
john2633 what is ur target Price??....if u r long term investor, have a confident to this company & strong holding power maybe it is worth for u. Good Luck!
I honestly agree with sammyramon, it's your own rights to take profit from a certain stock. Personally, the price is kind of bit high right now, more like overvalued from its fair price. Will probably keep looking on this stock when it gets a correction.
Star899 and Sammyramon Thank you for your valuable advice. I will hold for mid to long term. See how is the company perform after another 2 factories start production at year end.
I think no point to fight against the trend. I try not to create panic or fear but I can't fight against the trend. I should have sold at 0.68 yesterday. Never mind at earn something . Haha.
Bursa is sick and very risk now, a very good company with strong fundamental also easily collapse. Then the consolidation will take over....divided by 10,30, 50 etc.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sammyramon
475 posts
Posted by sammyramon > 2 months ago | Report Abuse
It dropping like a hell nowwwww...huhuh