People buy this stock just expecting about the RTO from Semperit/Latexx through Mqtech and not expecting the current QR result is good. If the RTO success what bad QR result or past years result is doesn't matter. Since it is about RTO, there is no concern about current Mqtech cash flow level. And most important, so far there is no official news about the no deal with Semperit/Latexx. The no deal mentioned above was just an assumption without evidence. Chance that RTO success is still there.
Stock: [MQTECH]: MQ TECHNOLOGY BHD
2020-08-29 20:04 | Report Abuse
People buy this stock just expecting about the RTO from Semperit/Latexx through Mqtech and not expecting the current QR result is good. If the RTO success what bad QR result or past years result is doesn't matter. Since it is about RTO, there is no concern about current Mqtech cash flow level. And most important, so far there is no official news about the no deal with Semperit/Latexx. The no deal mentioned above was just an assumption without evidence. Chance that RTO success is still there.