Easy thing, if as some ppl say this stock is shit or scam then they will not come back and waste their time but look they still here every day 😏 then you know they actually wish you to sell for their good

People won't get benefit by atking the counter so there is only one reason, they late for the stock and hoping it to fall so they can get it cheaper. Nice try tho but can see what yall doing

Nope, just one bigger holder sell and move away. That ikan besar usually start after 3pm, when price up u diam diam when price down a bit u start to lead people to panic.

ikan besar dont want to push due to high tp volume and old holder throw ticket. can see whenever it goes below 1.5 the ikan besar will eat all ticket but dont want to push thru 1.55. Ikan besar waiting player to throw ticket first then can pump up with lower price by low tp volume. He or she will keep absorb at 1.5 til selling power is weak then go kaboom. Estimate he or she had spend more than 2mil on absorbing 1.5 and 2mil pushing from 1.4 to 1.5 if both action is same person.

nope, no news for awang at all. think he just made this up

no wonder hahahaha😂 let's go chill there

congrats, closed 1.55 this week

honestly Eagle shouldnt even be in stocks he should open a Roti Canai Shop, man he so good at flipping. If he open one i will definitely be there to support.

wish i know, i ikan bilis only dont know big fish mentality eh. but can see the amount of order n player keep putting resistance

108165/48 wah ikan besar trying to stop shoot up
but buyer had stronger power what an exciting day

WTF just happen???? Why jump so high

Noooo i not done collect!

Wait pls i not yet done collect

dont lehh i need to pick up more, hope fall first i still mobilizing money to acct

summary

-The Company recorded a gross profit of RM3.62 million in Q4 FY2024, an improvement from RM3.40 million in the corresponding quarter of the previous year (“Q4 FY2023”).

-Civil Engineering division and Bituminous Products see a slight decrease of revenue to RM23.01 million and RM7.6 million respectively

-renewable energy, contributed RM1.78 million in revenue for Q4 FY2024 (New business)

-revenue of RM128.14 million, an increase from RM123.77 million in the previous year

-gross profit for the year was RM14.97 million, up from RM13.42 million in the previous year.

- net loss for the financial year was RM8.82 million, a notable improvement from the net loss of RM11.87 million in the previous year.

-Contract: Selinsing Gold Mine Project, valued at approximately RM230.0 million. Effective from 1 January 2024 to 31 December 2026.

KUALA LUMPUR, 30 MAY 2024 – Minetech Resources Berhad ("Minetech" or the "Company"), is pleased to report a solid set of financial performance for the fourth quarter ended 31 March 2024 (“Q4 FY2024”). Despite a challenging market environment, Minetech achieved a revenue of RM33.47 million for the quarter, reflecting the Company's resilience and operational strength. The Company recorded a gross profit of RM3.62 million in Q4 FY2024, an improvement from RM3.40 million in the corresponding quarter of the previous year (“Q4 FY2023”).

For Q4 FY2024, both Civil Engineering division and Bituminous Products see a slight decrease of revenue to RM23.01 million and RM7.6 million respectively. However, the Energy segment, representing Minetech’s venture into renewable energy, contributed RM1.78 million in revenue for Q4 FY2024, marking a successful entry into the renewable energy sector.

For the financial year ended 31 March 2024 (“FY2024”), Minetech reported a revenue of RM128.14 million, an increase from RM123.77 million in the previous year. The gross profit for the year was RM14.97 million, up from RM13.42 million in the previous year. The Company recorded a loss before tax of RM6.85 million, an improvement from the RM7.92 million loss in the previous financial year. The net loss for the financial year was RM8.82 million, a notable improvement from the net loss of RM11.87 million in the previous year. This improvement is primarily attributed to enhanced operational efficiencies, stringent cost management practices, and strategic project completions that reduced overall expenditure. The Company also benefited from increased contributions from the Energy segment, which helped offset declines in other areas.

A significant highlight for Minetech Construction Sdn. Bhd. (“MCSB”), a wholly-owned subsidiary, is the renewal of a substantial contract with Able Return Sdn. Bhd. and Damar Consolidated Exploration Sdn. Bhd. for the Selinsing Gold Mine Project, valued at approximately RM230.0 million. This renewal, effective from 1 January 2024 to 31 December 2026, signifies an increase in production volume and contract value, reflecting the expanded mining area and operational scope. This contract sets a positive trajectory for Minetech's future projects and reinforces the Company’s capability and commitment to growth.

Congrats buyers!!

Cos he one of them ma, spreading rumors to press down 1st. Bilis can be aggressive too

I don't agree on small fish can't do nothing, like game stop we can make a difference. If they plan to buy 135 sell 155 then we will try to absorb it now before they does

Press down-collect-push up-sell
Ikan besar push down a bit and ikan kecil all panic sell no wonder keep rugi

Finally done collect, the bidding volume kinda insane down there

Multiple orders on same price? Unless you like to pay a lot of extra cost

current selling 116026 lots contribute by 178 sellers, i don't think its all bob :P

someone just sold his 1.2mil ringgit share on 3:35pm, if initial still strong can stand ground till early buyer sold out and price will start to push up. get bck to 1.6 and hold the price is important before breaking 1.65 resistance

Actually i more prefer to believe its a irresponsible parent open up an account and forum then pass it to their under 18kid to operate. Normal person wouldn't be that childish.

Actually flip flop is not a problem, the world of investment is really flexible and unpredictable people might just change their opinion within a sec its just maybe he too dramatic for people to accept

I politely ask you not to do and you gladly announce me as a fool, which part is overdo? again, please stop promoting and spam. You are free to talk about the opinion and free to post news link but yet you start assault everyone who ask you not to spam. Please just don't do that

Don't tp first, i m working on it

Mr eagle, i politely ask you not to spam and promote and you link me with bob just because you think i am and act like a kid. Please don't bring shame to sarawak people, they are logical and polite.

Everyone, the TP is high on 0.165 and 0.16-0.155 is in awkward position which most 1.35-1.4 holder is selling off but as you can see by logic if we able to hold 0.16/0.155 as a resistance eventually 0.135/0.14 will be out of stock. Collect at current rate and wait for the stock out then buyer will force to push the price higher for stock. So the only question for the jump is when.

Disclaimer: this is not an investment advice

You are like primary school kids just learned the word "fool" and keep use it around anything you see, I don't really care what matter you and bob but you are destroying the peace of forum. No one actually cares how long you been at this forum or counter, please be polite and mature in the forum

Its not about the price going up or down, your spamming and promoting has caused readers unable to communicate properly. Will just report to admin if you keep spamming and being impolite, this applies to all other forum users.

Everyone here is old enough already how about we all keep quiet and mind our own business like an adult?

I actually start looking at the forum for past 2months and i aware someone do a big u turn. Actually i don't really care cause influencing the market looks so dumb to do.