Walao Money

Sanichi & Mtronic are Abang Adik

WalaoMoney
Publish date: Tue, 02 Jun 2020, 12:14 AM
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Sanichi & Mtronic are control by same person Dato Seri Pang Chow Huat via Cita Realiti Sdn Bhd.

 

Sanichi latest annual report

 

Mtronic latest annual report

Dato Seri Pang Chow Huat is 2nd largest shareholder in Mtronic via Cita Realiti, Sanichi and MNC Wireless. The largest shareholder is Tan Sri Lee Kim Yew which accumulate the share at cost 7.5sen per share. 

 

Mtronic Balance sheet

Net cash = RM67,792,301 - RM10,619.273 = RM57,173,028.

 

 

Share price performance between Sanichi & Mtronic

 

VS

 

Sanichi share price outperformance Mtronic very very much. Since both company control by same person, we cannnot discount possibility Mtronic will catch up soon. Some more Tan Sri Lee Kim Yew bought the Mtronic share at very high price 7.5sen. Another good point is Mtronic is net cash company RM57 Million. It is far more better than alots of listed company.

 

DISCLAIMER : Investments involve risks, including possible loss of principle and other losses. This article is provided for information only and should not be construed as a solicition to buy or sell any of the instrument mentioned herein

 

 

 

SANICHI (0133)MTRONIC (0043)
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Discussions
Be the first to like this. Showing 8 of 8 comments

WalaoMoney

Today likely will outperform the market.

2020-06-02 07:43

WalaoMoney

All penny stocks rise slots even those weak financial one. Mtronic deem undervalued. It will goreng up soon.

2020-06-02 08:17

WalaoMoney

Mtronic coming. Today sure hit 7sen

2020-06-02 09:57

WalaoMoney

U all see Sanichi,AT and Pnepcb. All flying so high already. Now only Mtronic still in bottom. It is time for Mtronic to fly.

2020-06-02 09:59

WalaoMoney

Strong buying interest to buy Mtronic.

2020-06-02 10:07

WalaoMoney

No much selling pressure. Very easy up to 10sen.

2020-06-02 10:09

WalaoMoney

5sen seller gone

2020-06-02 10:13

WalaoMoney

Don't worry. Still uptrend. Today big volume bought by punter. This stock no worry because got cash and project. Some more shareholder enter cost much higher than current price.

2020-06-02 19:34

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