Followers
0
Following
0
Blog Posts
0
Threads
21
Blogs
Threads
Portfolio
Follower
Following
2017-09-17 23:33 | Report Abuse
<< MINETEC (KLSE: 7219) >>: 11 Sept 2017
Attached is the technicals for MINETEC that is listed in the KLSE (KLSE: 7219). The series of volume flows show that MINETEC has changed to large long term uptrend. 0.149 has broken up with a run-away gap. Once 0.176 gets broken up, it will enter into a high-beta zone of 0.18-0.32 which will spike prices fast for accelerated multi-bagger rallies. Bullish. Expect more rallies ahead towards at least 0.32 (more than 100% profits).
Fwd from A Blog
2017-08-30 23:35 | Report Abuse
I guess Something better than QR coming soon, monitor on announcement...... what we have been waiting for......
2017-08-19 00:13 | Report Abuse
Coming AGM Great news to announce?
If yes, buy before AGM!
2017-08-09 20:11 | Report Abuse
KUALA LUMPUR (Aug 9): Minetech Resources Bhd has bagged another subcontract worth RM35.19 million for works at a Mass Rapid Transit 2 (MRT2) station.
In a filling to Bursa Malaysia today, Minetech said its wholly-owned subsidiary Minetech Construction Sdn Bhd (MCSB) was awarded the subcontract by MMC Gamuda KVMRT (UGW) Joint Venture.
Minetech said the subcontract is for the construction and completion of excavation works, rock strengthening, steel strutting and other associated works for station box, entrances and paid link at the Chan Sow Lin station.
Works will commence on Aug 15 and is expected to contribute positively to the company’s future earnings and net assets per share, Minetech said.
Yesterday, Minetech won a RM16.28 million subcontract for works at the MRT2’s Sentul West station.
Shares in Minetech closed up half a sen or 3.7% at 14 sen today, with 4.9 million shares exchanging hands, for a market capitalisation of RM102.42 million. Year-to-date, the stock has risen by 55.56%.
2017-08-08 19:28 | Report Abuse
Announcement
OTHERS Minetech Resources Berhad ("MRB" or "the Company") - Acceptance of Letter of Acceptance for Construction, Completion, Testing, Commissioning, Care and Maintenance of Sentul West Station and Escape Shaft 1 (Package A) by Minetech Construction Sdn Bhd from CHEC Construction (M) Sdn Bhd
MINETECH RESOURCES BERHAD
Type Announcement
Subject OTHERS
Description Minetech Resources Berhad ("MRB" or "the Company")
- Acceptance of Letter of Acceptance for Construction, Completion, Testing, Commissioning, Care and Maintenance of Sentul West Station and Escape Shaft 1 (Package A) by Minetech Construction Sdn Bhd from CHEC Construction (M) Sdn Bhd
1. INTRODUCTION
The Board of Directors of MRB wishes to announce that Minetech Construction Sdn Bhd (“MCSB”), a wholly-owned subsidiary of the Company has on 8 August 2017 accepted the Letter of Acceptance from CHEC Construction (M) Sdn Bhd appointing MCSB as the sub-contractor to perform Construction, Completion, Testing, Commissioning, Care and Maintenance of Sentul West Station and Escape Shaft 1 (Package A) for the “Projek Mass Rapid Transit Laluan 2: Sungai Buloh-Serdang-Putrajaya” (“Sub-contract”).
The value of the Sub-contract is RM16,281,156.80. The Sub-contract works will be carried out and to be completed in 25 months.
2. FINANCIAL EFFECTS
The Sub-contract is expected to contribute positively to the future earnings and net assets per shares of the MRB Group.
The Sub-contract will not have any effect on the share capital and substantial shareholders’ shareholding of MRB.
3. RISK FACTORS
The risk factors affecting the Sub-contract include, but not limited to, execution risks such as availability of skilled manpower and general business risks. MRB Group management has the experience and expertise to undertake such a project and the Board believes that the Group is able to mitigate any of the aforesaid risk factors.
4. DIRECTORS’ AND/OR MAJOR SHAREHOLDERS’ INTEREST AND/OR PERSONS CONNECTED WITH THEM
None of the Directors and/or major shareholders or any person connected to the Directors and/or substantial shareholders of MRB has any interest, either direct or indirect in the Sub-contract.
5. DIRECTORS’ STATEMENT
The Board of Directors, after considering amongst others, the potential financial benefits arising from the implementation of the Sub-contract, is of the opinion that the acceptance of the Sub-contract is in the best interest of the MRB Group.
The announcement is dated 8 August 2017.
Announcement Info
Company Name MINETECH RESOURCES BERHAD
Stock Name MINETEC
Date Announced 08 Aug 2017
Category General Announcement for PLC
Reference Number GA1-07072017-00080
2017-07-28 23:59 | Report Abuse
Sideway already broken, next Resistance 0.145...then 0.155
2017-07-20 21:54 | Report Abuse
OTHERS Minetech Resources Berhad ("MRB" or "the Company") - Acquisition of Share in Coral Power Sdn Bhd
MINETECH RESOURCES BERHAD
Type Announcement
Subject OTHERS
Description Minetech Resources Berhad ("MRB" or "the Company") - Acquisition of Share in Coral Power Sdn Bhd
1. Announcement Details
Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MRB is pleased to announce that the Company has on 20 July 2017 acquired the entire one (1) ordinary share in the share capital of Coral Power Sdn Bhd (Company No. 1218736-D) (“CPSB”), representing 100% of the total issued share capital of CPSB for a total cash consideration of RM1.00 only (hereinafter referred to as “the Acquisition”). Upon the completion of the Acquisition, CPSB will become a wholly-owned subsidiary of MRB.
2. Information on CPSB
CPSB was incorporated in Malaysia on 16 February 2017 under the Companies Act 2016. The share capital and number of issued share of CPSB is RM1.00 comprising 1 ordinary share.
CPSB is presently dormant and its intended principal activities are to carry on development, operation and transmission of power generated from solar and other renewable energy projects.
The Directors of CPSB are Mr Chin Kong Yaw (“CKY”), Mr Chin Sheong Choy (“CSC”) and Mr Jot Seng Keong.
3. Financial Effects
The Acquisition will not have any material effect on the earnings per share, and net assets per share of the Company for the financial year ending 31 March 2018.
The Acquisition will not have any effect on the gearing, share capital and substantial shareholders’ shareholding of the Company.
4. Directors’ and Major Shareholders’ Interests
None of the Directors and/ or major shareholders of MRB or person connected to them has any interest, direct or indirect in the Acquisition except as disclosed below:-
(i) Mr Choy Sen @ Chin Kim Sang (“CKS”), the major shareholder and the Non-Independent and Non-Executive Chairman of MRB;
(ii) Mr Chin Leong Choy (“CLC”), the Group Executive Director of MRB and son of CKS; and
(iv) CKY, the Chief Executive Officer of MRB.
CKS and CLC are the persons connected to CSC.
5. Statement by Directors
The Directors of MRB (save for CKS, CLC and CKY) are of the opinion that the Acquisition is in the best interests of the Company.
6. Approvals Required
The Acquisition is not subject to the approval of shareholders and the relevant government authorities.
This announcement is dated 20 July 2017.
2017-07-14 02:02 | Report Abuse
The Board of Directors of MNC is pleased to announce that the Company has on 28 June 2017 incorporated a new Offshore Company, namely Empire ME Limited (Registration No. 190178) (“EML”), under the Offshore Companies Regulations of Jebel Ali Free Zone of 2003.
The share capital of EML is AED 10,000.00 divided into 100 shares of AED 100.00 each or equivalent to RM11,000.00 The intended principal activities of EML are to carry out the following activities:-
1. to invest on properties approved by JAFZA Projects (Jebel Ali Free Zone) and explore other opportunities in the Middle East; and
2. to invest on shares of other companies on Commercial and Joint Venture basis to expand M N C property development activities in the Middle East.
The Directors of EML are Mr Tan Chor How Christopher and Ms Pang Siaw Sian.
The incorporation of EML have no effect on the share capital and substantial shareholders’ shareholdings of the Company and have no material effect on earnings per share nor net assets per share of MNC for year ending 31 December 2017.
None of the Directors and/or Major Shareholders of the Company and/or persons connected with Directors and/or Major Shareholders has any interest, direct or indirect, in the incorporation of EML.
This announcement is dated 13 July 2017.
2017-04-25 19:04 | Report Abuse
Hold tight, this counter is brewing, maybe within 30days... bank money still a lot in this counter since 6-7April till now
2017-04-25 19:01 | Report Abuse
brewing...
Seems good
Hopefully by end of April
2017-04-25 18:58 | Report Abuse
good news on Olympia announcement
See U all at the Top
2017-03-01 00:12 | Report Abuse
The fair value gain will result in an increase of RM0.02 in the net assets per share of the Group. Based on the unaudited financial statements as at 31 December 2016, the net assets per share of the Group will increase from RM0.35 to RM0.37.
2017-03-01 00:11 | Report Abuse
Maybe just announced before 28/2closing hours
Stock: [YONGTAI]: YONG TAI BHD
2017-09-17 23:35 | Report Abuse
永大(YONGTAI,7066,主板产业股)于9月15日闭市时反弹了,收1.55令吉,按日涨6仙或4.03%。
该股的30分钟图表走势于9月15日间的交投趋势成功突破一道顶头阻力线(B1:B2),30分钟平滑异同移动均线指标(MACD)的交投走势处于一个上升走势中。
永大处于“0”支撑线上波动,后市交投走势或会出现一段短线回试它的下限支持线的支撑(B1:B2)。
永大的日线图表走势于回试后或会显现一段反弹走势,或会挑战1.56至1.65令吉的阻力关口。