Fly Fly Fly

Someones collected a lot at 0.12

Else why people keep accumulating??

The additional placement shares are listed today I thought it will drop but no

Melaka theme park by 27-10-2015

Big queue to buy this time at 0.12. Big news coming.

Crawling up slowly to climax on the announcement of the Melaka theme park on 27-10-2015

0.125 going up..

6000 lots done at 0.12

Big queue to buy at 0.115 again

People accumulating at 0.115.

ZHANG LI disposed only a small part of her total shareholding, still has a lot.

there are people accumulating at 0.115

Going up silently. Someone is collecting. Melaka theme park coming.

0.12 now. I am more and more confident the Melaka project is on and will be announced soon.

100% panic selling at 0.115 all absorbed with big q to buy more, so cannot be just for private placement. Something is happening soon? Melaka project is on.

Going up steadily. The Chinese lady has got a track record in Melaka. Using her "Kuan Si" sure will get approval.

Announcement will be made by 27 October 2015

Encouraging, I still believe the Melaka project will go ahead but yet to be submitted. The Chinese lady has got a track record in Melaka.

If there are people who are willing to take up the private placement at RM 0.10, there is hope. When Melaka project is announced by 27 October 2015 there will be goring.

Mqtech has not submitted yet so the Majlis Bandaraya wont know. Unless you say this project is not on at all, but it came out in the newspaper.

Newspaper says have institution investors buying Mqtech


http://www.theedgemarkets.com/en/article/pdz-holdings-and-mq-tech-gain-penny-stock-hunting

The price is going up with big volume; looks promising.

I saw 2636 lots was bought at 10.5 in one go just now

prince, the finalisation of the Melaka theme park agreement has been postponed to 27-10-2015; so naturally the application to the Majlis Bandaraya Melaka Bersejarah, Melaka has not been made yet todate.

Now have institution investors buying Mqtech, a good sign. Melaka theme park project is going ahead soon.


http://www.theedgemarkets.com/en/article/pdz-holdings-and-mq-tech-gain-penny-stock-hunting

The Board wishes to announce that MQ and CSSB have mutually agreed to extend the Expiry Date of the HOA by a period of three (3) months to 27 July 2015.

The extension of time will facilitate the completion of the valuation of the Project Land by the appointed independent valuers and the due diligence, to enable the Parties to negotiate and execute the Definitive Agreements.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/4718865

Last time the news of the China shareholder and the Melaka theme park have pushed the price up to 0.18 so now the price is still low

The outcome of the Melaka theme park HOA will be announced by next Monday 27-7-15 or maybe even later today.

A director Mr Goh has added more than a 1,00,000,00 shares lately; an indication the said theme park project will proceed??

Today is the last day for you to buy before price flies.

Take a look.

Take a look at this company in same business.. MQTECH


http://www.thestar.com.my/Business/Business-News/2013/08/30/MQ-Technology-inks-aircraft-parts-deal-with-Jetline/?style=biz

Revenue doubled is good and in line with trend.

Profit for the second quarter in a row... comforting


http://www.bursamalaysia.com/market/listed-companies/company-announcements/4741573

0.13 was done in big blocks in one go many times, someone has collected a lot at 0.13 in the past few days??

Frontkn is being lead out of the rut by a strong German.

Mqtech is being lead out of the rut by a strong Chinese.

Take a look at this company which is in the same industry, has machines and equipment that look the same, also has new management and new major shareholders and a turnaround story too as Frontken.

Only difference is that its price is still low but going up after a consolidation recently.

Take a look....


http://klse.i3investor.com/blogs/kianweiaritcles/76015.jsp

Not all she just sold 2,000,000 still has 17,098,000.


Circumstances by reason of which change has occurred OPEN MARKET
Nature of interest DEEMED INTEREST
Direct (units) 12,598,000
Direct (%) 4.967
Indirect/deemed interest (units) 4,500,000
Indirect/deemed interest (%) 1.774
Total no of securities after change 17,098,000
Date of notice 06 May 2015

People are selling on news?

This new theme park project is just an extension of her involvement with the Melaka state government.

The state government has purposely alienated the land for the theme park.

ZhangLi is Chairman of Top Creation Investments Limited which has development in Melaka before...

Top Creation Investments Limited (TCIL) invests in or acquires projects or companies in the real estate sector, predominantly in Malaysia. During the fiscal year ended March 31, 2012, the Company incorporated a wholly owned subsidiary Top Creation Property Sdn Bhd (TCP). TCP is a real estate development company. TCP is undertaking the development of a shopping mall, car parks, facilities centre and serviced home office suites within the Malacca Tourism Development Belt stretching from Dataran Pahlawan Malacca to Malacca Esplanade and right up to the Klebang district of Malacca. In July 2011, the Company made its investment with the acquisition of the land and development project in Malacca through TCP. The project consists of freehold land measuring 2.1429 acres located in the State of Malacca, Malaysia which has been allotted for the development of a shopping mall, car parks, facilities centre and serviced home office suites.

Ever since Melaka obtained the Unesco grant, it has done up its town center to be a place which we can be proud of.

I am sure the new major shareholders see the huge prospect too.

If I remember correctly they have bought their shares in the range of 0.14 to 0.16 if not higher.

onlyhuat, is the 186 acres under Mqtech??

From the HOA

EXECUTION OF FURTHER AGREEMENTS AND EXCLUSIVITY PERIOD

The Parties shall use their best endeavours and efforts to negotiate in good faith and execute the
Definitive Agreements, together with such other agreements as the Parties may agree upon
pursuant to the further advice of their respective legal counsels, within sixty (60) days following
the date of the HOA or such further extended date as the Parties may mutually agree upon
(“Expiry Date”).

If the Definitive Agreements together with such other agreements as the Parties may agree upon
are not executed by the Expiry Date, the HOA shall terminate. Upon termination of the HOA, no
party shall have any continuing obligation as provided herein to the other save for any antecedent
breaches or outstanding obligations as provided in the HOA.


The HOA was signed on 27-2-15, there will be announcement next week.

Soon, in one or two weeks, Mqtech will announce the details of the HOA to develop the theme park in Malacca

I am relieved that the price has gone back up with volumn.

Previously, when the price made a big move up; it turned out it was due to a few big shareholders leaving for go.

I am more convinced Mqtech is ok now.

Take a look at this as reference...

Property developer Gabungan AQRS Bhd (fundamental: 1.3; valuation: 1.8) has teamed up with Suria Capital Holdings Bhd (Financial Dashboard) to jointly develop a mixed development dubbed "One Jesselton Waterfront" in Kota Kinabalu, Sabah, which will have a net sale value (NSV) of RM1.8 billion.

In a statement this evening, the two companies said the seven-acre (2.83ha) parcel of land is part of the 23.25 acres (9.41ha) allocated to Suria Capital, by the Sabah state government.

One Jesselton Waterfront will feature a shopping mall called "One Jesselton Mall" with a net floor area (NFA) of 473,795 sq ft, corporate offices with a NFA of 74,487 sq ft, and retail lots to be named Suria Retail with a NFA of 74,892 sq ft.

Additionally, the development will also include serviced suites and apartments, a condominium, as well as car park facilities and a ferry ticketing office.

SALIENT POINTS:

1. seven-acre (2.83ha) parcel of land

2. will feature

a shopping mall called "One Jesselton Mall" with a net floor area (NFA) of 473,795 sq ft,

corporate offices with a NFA of 74,487 sq ft

retail lots to be named Suria Retail with a NFA of 74,892 sq ft.

serviced suites, apartments, a condominium, car park facilities, a ferry ticketing office

3. will have a net sale value (NSV) of RM1.8 billion.

A project of only 7 acres can do so much. Mqtech's is about 10 acres; so think the NSV will surely go into billion. Mqtech's project could be a waterfront too as it is in Melaka.

kimhaolian I got in based on the few points listed above and a gut feeling that the China tycoon will not settle for peanut.

As at now there is not enough details to work on a fair value; having said that the same gut feeling is telling me Mqtech has turned the corner and is heading to something good, so, if I don't bet all I will bet a big part of what I have to piggy back on the China tycoon.

But kindly do your own assessment please.

Yes, I started from 0.105 on 12-1-15, 0.115 on 13-2-15, 0.1000 on 23-2-15 and 0.1100 on 03-3-15. Based on just gut feeling I have put in quite a big sum.

Months ago I used to have a loss; now I have a profit already. Glad that I have continued to keep an eye on this company.

Nowadays, Mqtech is no longer all hot air and a candidate for PN17.

Now Mqtech has:

1. Made a profit in its latest quater result in line with the recovery in world demand for electonic, semiconductor and other ICT products and services, and a strong USD;

2. A new wealthy shareholder from China, which means, at the least, it will not go into PN17 as feared; but of course, it is more than this as from now on the funding for its future undertakings is assured;

3. Entered into a HOA to venture into leisure business and property development, which is obviosly spearheaded by the new wealthy shareholder from China, who is an established big player in property development;

4. Recruited the necessary personnel who are professionals with the knowledges and experiences for its new undertaking and to run its operations properly.

Mqtech used to be at the edge of PN17; it is now a changed entity which is just starting to take its first steps toward a bright future. I have faith in Mqtech and am buying now.

Why are you so rude?? Kurang ajar!!!

I have no intetion to buy this company at all now. With its financials in distress and especially bad no sales, no cash, it is a matter of time, maybe, as little as 1 or 2 more quarters it will die and PN17.

You can check yourself the recent quarter result and see I am telling it the way it is.

1. Revenue was so little it is like it was operating a just a small roadside garage.

2. Gross loss position, yes, GROSS LOSS! Cannot cover even cost of sales not to mention administration expenses, interest etc.

I am afraid it is dying.

Based on the latest quarter result certainly look dying and will be PN 17 soon by either one of these two ways or both.


1. Revenue was so little it is like it was operating a just a small roadside garage.

PN 17 due to insignificant operation.



2. Gross loss position, yes, GROSS LOSS! Cannot cover even cost of sales not to mention administration expenses, interest etc.

PN 17 due to continued losses made shareholders fund too small or even negative.


PN 17 soon. Yes, dying

Nothing!?? No possibility of anything good at all??

Then again, can't write off this Qtr result is better too

This is what mq needed to do.


http://www.theedgemalaysia.com/mobile/article.php?id=294670