Highlights
KLSE: MQTECH (0070)       MQ TECHNOLOGY BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.22   -0.005 (2.22%)  0.215 - 0.25  105,518,200
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening - - -
Closing - - -
Price
Issue Price - - -
Par Value 0.000 - -
Units - - -
No of Shares
Public Issue - - -
Offer for Sale - - -
Private Placement - - -
Time Table
Allotment Date - - -
Listing Date - - -
Issuing House - - -
ISIN Code - - -
Prospectus:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 418,470,537 NEW ORDINARY SHARES OF RM0.10 EACH IN MQ TECHNOLOGY BERHAD ("MQ") ("MQ SHARES") ("RIGHTS SHARES") ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY ONE (1) EXISTING MQ SHARE HELD AS AT 5.00 P.M. ON 28 OCTOBER 2016 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 278,980,358 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED FOR
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  12 people like this.
 
ksham @paramon i think banglaman is too busy to copy paste his so called 30 yrs experience comment to other red counters... hahaha
07/08/2020 5:42 PM
paramon @BanglaMan if next week above 30 cents you disappear from Mqtech forum, if not, I stop saying anything, you dare to act like a man with kukubird?
07/08/2020 5:44 PM
Boringguy Walao!!! bangalaMan also cannot tahan.. end up enter mqtech !!!
welcome on board!!!

banglaman sudah masuk tunggu apa lagi wei~~~...

surprise this stock maintain well between 0.20 to 0.230.

Let see what next week, hope the good news release soon...!!!

Happy trading !!
07/08/2020 5:46 PM
BanglaMan Okay challenge accepted. if no 30 cents, I continue to whack here.. if 30 cents, I guarantee not even a single comment from me in this forum. Agree?
07/08/2020 5:48 PM
whatthehuat now we have @BanglaMan and @NeymarJr onboard
07/08/2020 6:02 PM
Boringguy after this share shoot to 0.305,,,it pull back to 0.20 to 0.25...
those buy low can sell some and let profit rolling...
if you notice someone is keep collecting...maybe ex-latexx owner collecting?
07/08/2020 6:08 PM
helson luckily im live 7 floor, who live at 22 floor with new bangla neightbour becareful wey, nnti rob u or keep telling u the smell of shit
07/08/2020 6:24 PM
Beast3 Con again??
07/08/2020 6:29 PM
whatthehuat 20 cents is the limit ... once fall below 20cents many ppl sure will panic sell ....
07/08/2020 6:43 PM
paramon @BanglaMan, WELL.....before shoot up 30 cents, pls toxic as much as you can, after above 30 cents just automatically disappear from here, eventually not above 30 cents next week, you continue toxic whenever u prefer… with my 40 years experience I never wrong, let's challenge like a man next week, who break promise who SOB,
07/08/2020 7:05 PM
BanglaMan Let’s see! U are manlier than neymar! Challenge accepted! I can say even lower than 27 cents!
07/08/2020 7:32 PM
hambasaham Very excited next week. Who going to win the game?
07/08/2020 7:40 PM
stock39 So you say price reach 27 cent youll keep quiet banglaman?
07/08/2020 7:45 PM
gottogo Please buy on Monday guys...they confirm to buy glove factory...next week u all will hear that new bosses from hk coming to mqtech
07/08/2020 9:16 PM
Uwais01 Hartawan Macau dilantik pengerusi baharu Inix Technology
4 jam lalu
07/08/2020 10:03 PM
Uwais01 Meneroka sarung tangan getah...ada kaitan mqtech
07/08/2020 10:03 PM
used_fx Bangla. U. Fuxking rich huh!? Even know is a down trend counter but u still invest and try little bit at price pf 22c. So funny you are...
07/08/2020 10:22 PM
gottogo Inix already fly...later mqtech..if dont hve holding power just buy later...its nver too late
07/08/2020 10:43 PM
MrsPetal i thought mqtech the one going rto with latexx
07/08/2020 10:44 PM
MrsPetal am i onboard wrong counter?
07/08/2020 10:45 PM
Vitamin why Inix related to Mqtech ?
07/08/2020 10:46 PM
whatthehuat Inix related to mqtech ???
07/08/2020 10:53 PM
MrsPetal they have same shareholder if not mistaken
07/08/2020 10:56 PM
Uwais01 same shareholder...ms Jaclyn
07/08/2020 11:00 PM
Upupup19 If not mistaken MQTECH Chairman also Inix Executive Director.
07/08/2020 11:09 PM
Vigen1977 Mohd Anuar - Chairman of MQTech is also th Vice Chairman of Inix . Another Vice Chairman, DATUK TAN CHOON HWA sits on the Board of and Ni Hsin Resources Berhad as an Independent Non-Executive Director. He is also the Vice Chairman of Gunung Resources Sdn Bhd, a wholly owned subsidiary of Gunung Capital Berhad.
07/08/2020 11:10 PM
Vigen1977 Chatar Singh A/L Santa Singh, chairman and director of MQTech is also Non-Executive Director is Luster and JCY. Has 49,775,166 shares in MQTech and
07/08/2020 11:18 PM
VirginShare Next week limit up
07/08/2020 11:57 PM
BilisMasin Dont sembang kari la, limit up limit up. Such poor hope analysis
08/08/2020 12:23 AM
stock39 My friend Vigen1977 Anuar Hanadzlah already retired somwhere in 2019
08/08/2020 12:38 AM
Kamarul Zaman Hashim Pennant Flag pattern... Same pattern as GOCEAN
08/08/2020 12:45 AM
x3sphere Dont treat a pennat flag pattern as sure up. It’s doesn’t work like that
08/08/2020 12:51 AM
Kamarul Zaman Hashim Yes.. Nothing SURE in life.. and trade is 100% at your own risk.. Don't buy any stock if you don't have faith in it
08/08/2020 7:25 AM
jwyap Next week will be better, because flow market share 800k had been cleared and solve.
08/08/2020 7:33 AM
TerrenceLim Should be announced on next week... Because can't wait adi....
08/08/2020 11:39 AM
zacklee95 when is the announcement?
dear insiders, pls let me know yeh
08/08/2020 2:07 PM
Wan Nee https://www.malaymail.com/news/money/2020/08/08/fbm-klci-to-trade-at-1578-1600-next-week-healthcare-tech-and-small-caps-in/1892088
08/08/2020 7:06 PM
NeymarJr Next week MQTECH lai liao, watch out !!!
08/08/2020 9:07 PM
menort Mqtech last date for announcement is on 15 August 2020.

Most company who wait until last dateline usually the deal is not happen. Most company want to announce quickly when they got the deal. The reason for late announcement because the director want to sell big and take big profit first then after all their share got sell they will announce and run away.

Look at Anzo announcement last date on dateline.
08/08/2020 9:36 PM
menort https://klse.i3investor.com/m/blog/TehEngHuatIsGohBoonSoo/2016-12-23-story-h1449621304-Fraudster_of_the_Year_MQ_Technology_Bhd_fastest_share_price_drop_in_Bur.jsp
08/08/2020 9:36 PM
menort They will announce it on next week Friday 14th August. But remember when a company announce on Friday especially at the end of trading time it is a not very good sign.

The best time for them make announcement is on Monday morning but if they keep dragging the announcement until Friday then the same story like what they did bad in the past will cycle again.
08/08/2020 9:42 PM
Fundamental123 Hi Menort,

Just imagine how many people know or realise previous penny stock story which fund managers not interest due to there a lot of sharks/ crocodile syndicate like Anzo and XOX.

You make sense that if there is A good news or deal can be done it would have been settled and announced much earlier. So wait and Monitor next week first over trading trend.
08/08/2020 10:20 PM
Wikipedia Banglaman and Menort is actually providing the situation that might happen in negative way round based on the current conditions. It is good to have them because what they said is true. Many giving fake news and fake hope that probably might lead newbie to gamble this stock by push the stock price up since they already buy at low price or high price.

Based on the current announcement, we are knowing that they

1. Have intention to take over Latexx but the term and condition yet to discuss.
2. Have join venture with JV Resources International Ltd to acquire glove company and JV currently exporting 350 metric tonnes of rubber glove to EU market alone for the past few months ago and they getting the supply from the local glove manufacturer.
2. Have intention to acquire 4 glove companies which under negotiation and the other one is Nitrile glove factory company.
3. Have negotiated with the Nitrile glove factory at the advanced stage and few local banks have strong interest to participate the acquisition exercise.
5. Their director, Gerald Nicholas Tan Eng Hoe holding 6.38% or 49M share have intention to deal the securities of the company during close period. ( Probably dispose or acquire).

Based of their announcement, you all can predict by yourself and invest your money at your own risk. Yet, we are still lack of information to predict if the negotiation is success or not. But I believe, there are share changing hand in between this director since still not announce how much did he acquired or disposed the share since 5 Aug.

If he is disagree to dispose his share price to someone who want to acquire with lower price, probably he will dispose via open market and the other person have acquire via open market too.
Probably the director has set his lower limit price to dispose it and his remiser job to do it according to his request. Just think if you invest in share, do you want to buy share at high price or sell at lower price? Anyway, this is just my assumption.

Also, I saw Sunny Coco have bought a few millions of MQTech share when he show off his portfolio at his FB Live. I forgot Friday or a day before his live and he have no idea what stock to buy and just follow his broker suggestion. You can check back and hopefully he did not delete it.
09/08/2020 12:12 AM
NeymarJr Can't wait for tomorrow to start the week ahead. Exciting week coming watch out.
09/08/2020 1:41 PM
codaud Who is sunny coco
09/08/2020 1:41 PM
zacklee95 Hope to be here soon..
@NeymarJr @Helson is on board...
I think @bojed will be back soon from NICE..
09/08/2020 1:49 PM
NeymarJr My cost is 225cents and 23cents
09/08/2020 3:56 PM
Wan Nee Hi guys.. How's your weekends?
09/08/2020 4:14 PM
stock39 Anxiously waiting for the development.
09/08/2020 4:41 PM
whatthehuat Hopefully good news will be announced on next coming week ! cheer guys
09/08/2020 4:55 PM


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