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Overview
Financial Highlight
HeadlinesNo recent Headlines for this stock. Business Background MQ Technology Bhd is an investment holding company. Through its subsidiaries, it provides rapid tooling and prototyping division, which automates, design, develops and manufactures molds, tools, dies, jigs and fixtures used in the manufacture of hard disk drives, automotive and medical industries. The firm also design, development and manufactures advanced suspension tooling, progressive tooling, semiconductor cavity/encapsulation molds for application in hard disk drives and semiconductor industries and advanced automation modules, medical instrument systems and optoelectronics applications. Geographically the firm derives the majority of its revenue from the United States of America through Sale of goods.
  Vicky Share consolidation, issuance of right issues and warrants are just temporary to hold company breath. Poor performance company will slip into PN17 and delisted. Survival of the fittest for each quarterly and yearly performance or go bust to erase the company name from Bursa Malaysia ! 16/05/2024 10:08 PM cK1973 roadblock at 1c... looks like market maker is forcing at 1.5c range.... upper baise looks possible... perhaps 3-4c range in mid-term duration..... stay tune guys.... 21/05/2024 1:34 PM mf Dow Jones Dow Jones Industrial Average 39,671.04 -201.95 0.50% Nasdaq NASDAQ Composite 16,801.54 -31.08 0.18% 23/05/2024 5:27 AM cK1973 this counter needs time.... market maker is controlling at the range of 1.5c.... now everyone is talking about data centres..... MQ Tech ??? 23/05/2024 2:30 PM cK1973 operator still control at 1.5c... no choice have to wait for it to drop to 1c.... 30/05/2024 11:09 AM cK1973 cannot get at 1c..... but will still waiting at 1c.... stay tune guys.... 07/06/2024 11:39 AM Vicky Regardless rain or shine, up or down the market no significant move of this stock unless share consolidation due to huge queing. Share consolidation provide an opportunity for investors to play the wave, reduce corporation debts and another chance for stocks to rise again. 07/06/2024 1:10 PM DeltaPeng share consolidation coming.....then issuance of bonds, check background of this Triton capital, most of their profile are very problematic co. , jaks, ahb , knm etc, the fund manager are either super far sighted or something fishy there..... 07/06/2024 7:03 PM Vicky After share consolidation then the stocks are more liquid and tradeable just like Technax. 07/06/2024 8:54 PM whistlebower99 After share consolidation, directors can start fund raising again via shares issuance to PP, ESOS or RI to increase NOSH to multi billion shares. Then repeat the process by doing shares consolidation again. 07/06/2024 11:58 PM whistlebower99 FOR NEWBIES MQ TECH is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 7 June 2024. =================== Be careful if holding high NOSH low price penny stocks for long term Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants Long term shareholders holding at high prices will incur huge losses from share consolidation List of penny stocks with shares consolidation :- 2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP 2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI, 2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC 2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,......... 10/06/2024 9:27 AM whistlebower99 What could be the reason i3investor admin deleted above posting? Is it against any rules and regulations to post factual information? 10/06/2024 9:31 AM Vicky One day before share consolidation ikan billis will sell off then can get 1c or even 0.5c Buy more ya... 10/06/2024 10:20 PM Vicky The rise of data center requires millions of hard drive. So why Mqtech the hard drive manufacturer did not seize this opportunity ? 12/06/2024 7:03 PM Vicky Mqtech should be rallying by now as tech counter is shootting up with google data centers 12/06/2024 7:10 PM Vicky https://klse.i3investor.com/web/blog/detail/JCYNotion/2024-06-11-story-h-159728520-JCY_Notion_Dufu_How_many_physical_hard_disks_needed_in_one_Data_Center 12/06/2024 8:18 PM cK1973 still at 1.5c..... no chance at all to buy at 1c...... consolidation ka???? 13/06/2024 5:17 PM Vicky This is the reason why consolidation must be implemented asap. High queing for penny stock is illiquid. All jammed at 1c and 1.5c. As a results price not moving at all. Pray that Dato' will do consolidation asap then price will move up and down like a pro. 14/06/2024 5:31 PM cK1973 let's see how soon this can be done.... at 1-1.5c due to heavy volumes...... it's better to reduce the volumes and make the price more attractive.... 17/06/2024 10:22 AM Vicky Forget about selling &buying. Wait for share consolidation 1:10. Then will be 15 cents.. 20/06/2024 4:01 PM Vicky Unless Mqtech has a good initiative in today's digitalisation like Notion, JCY, K1, SNS. Apparently the company did not announce any company initiatives to spike the company shares up ! 21/06/2024 8:03 PM cK1973 everyday, there is a hope.... recent years, this counter has not done any major business venturing.... no doubt it's a IT base company and can be related to DC.... unfortunately they did not initiate anything at the moment.... 06/07/2024 11:25 AM cK1973 we had seen them venturing into gloves during the C19 pandemic.... almost done the deal with latexx but unfortunately nothing concrete happened.... perhaps this round they dare not declare anything... cause might see another failure in their business undertaking.... so I would say and surmise that this company at the moment is heeding nowhere..... so it's more of a pure speculating counter for traders ..... 06/07/2024 11:28 AM cK1973 most companies who have initiated the DC.... you can see the prices all move above 40 (some came down after touching 40).... that's the trend at the moment.... so this company is definitely not into DC...... we have to move on and don't stay too long here.... 06/07/2024 11:31 AM Vicky I think there are some resignations from the senior management recently. The GM did not perform and get sacked. New management will focus on the new trend of investment. 09/07/2024 5:26 PM whistlebower99 FOR NEWBIES HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI. This announcement is dated 15 July 2024. ================ List of high NOSH penny stocks with shares consolidation :- 2024 in progress - HM, MQTECH, XOX, DESTINI, VIZIONE, KGROUP 2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI, 2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC 2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,......... Retail investors trapped at high price incurred huge losses caused by share consolidation 16/07/2024 8:44 AM cK1973 consolidation is imminent..... only way for the price to go up in the future... nosh 1.6bil is too huge at the moment.... wait till consolidation process takes place... perhaps might be like MMAG and sudden surge high.... no one knows cause it's penny stock aka gambling counter ma.... 24/07/2024 9:50 AM whistlebower99 FOR NEWBIES MQ TECHNOLOGY BERHAD ("MQ TECH" OR "COMPANY") (I) PROPOSED SHARE CAPITAL REDUCTION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED ISSUANCE OF BONDS (COLLECTIVELY REFERRED TO AS "PROPOSALS") We refer to the announcement made on 7 June 2024 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein. On behalf of the Board, Mercury Securities wishes to announce that the application in respect of the Proposals has been submitted to Bursa Securities on 10 June 2024. This announcement is dated 10 June 2024. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3454849 https://www.klsescreener.com/v2/stocks/view/0070/mq-technology-berhad Check P/L ============= Be reminded of impending share consolidation exercise proposed by directors 24/07/2024 9:53 AM Vicky Wait until cow come home and l am still waiting for share consolidation so that Mqtech is tradeable. Company income gaining traction is a good sign. Bear in mind Mqtech core business complement data center business and will realise the benefits when Malaysia data center in full swing ! 24/07/2024 7:57 PM  |
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