Nowadays we need to scrutinize not just the fundamentals of the companies but also the majorshareholder/principal. What is their character? Business practices? Have we not learned from Serba Dinamik???? KV???

I'm not touching this counter till all the facts of the recent news are known. The Perak case involves almost 2000 acres, even though the board distanced themselves, who are they kidding? Might just be me (please make your own decision).

https://www.nst.com.my/news/crime-courts/2024/05/1056302/macc-arrests-managing-director-assist-investigations-malay-reserve?utm_source=facebook&utm_medium=comments

Is this true?

Something brewing....
For sale???

Anyone have any update on the magistrate ruling on the fraud accusation filing by DAP?

What a disappointment on the QR.
Anyone have any insights on what went wrong?
Can't even maintain revenue per last quarter.

Very frustrating when all of the glove companies have superb QRs but share price cannot perform.

Impending downtrend?? Why shareprice cannot perform??

Upcoming AGM hopefully the Owners will share their plans.
I think their quarter earnings report will be ugly as I'm sure there's no revenue since the takeover.

Saw a lot of job postings since a month ago for Onetexx Sdn Bhd in Taiping.
Every posts from General Operators to Production Manager.


https://my.jora.com/Onetexx-Sdn.-Bhd.-jobs-in-Menglembu%2C-Perak

If strong buying support, I won't be surprise if today can be a start of a new run. If close green today all indication next week will fly.

Not enough sustained volume buy to push price up? Ie no interest in general for MTAG??

Underrated since August high, even with their good Q1 '21, price still not at fair value. Probably need to wait for Q2 to confirm they are growing earnings.

Good analogy bro :(



@Glove666 At 1st they gave you a piece of cake, then slowly they ate up your cake, and now they want you to pay for the cake!
Speechless!!
09/12/2020 4:40 PM

2.3B but seeing red. Feel like giving up :(

Any idea how's the power plant performing, any teething issues?

Commendable that you're keeping faith.

@Redballoon I am still stick with my plan, not possible a good company that earn huge profit only worth this price, hold tight all my friend

Index inclusion doesn't seem to attract any new local/foreign money for Supermax??
Hopefully there will be a rally as we close out the year

So frustrating, any hope to have a positive second half?

Went thru their diversification announcement again, factory approval with authorities obtain way back in July/August. If the old bus factory is being converted into a glove factory, I think they will get start production earlier than originally expected??
Why is there no guidance from the Owners on the plan?
They are secretive because they have bigger plans or just like AT etc.?

Hopefully upcoming AGM can get some answers....

Judging by the sell off this morning, and EPF's disposal past week, all indicating a below market expectation on the earnings??
Seems that some people already getting hints about the upcoming QR?


@laychee Market expectation to the earnings is important.

If expectation is 2 billion, 1 billion report will crash the stock.
If expectation is 2 billion, 3 billion report will make it fly for the first 10 minutes.
09/12/2020 11:21 AM

Wow, really wow, the owners have driven the share price down the drain???

Hopefully an exciting and positive day today for GETS!

Right on bro @RobertWang

RobertWang if you didn’t do enough research about this company just be silent, don’t make yourself look silly.
Gambler, burst ? Run? New to market ?

Do enough research about this company before came to comment anything.
01/12/2020 2:27 AM

Hope for another solid showing today, wouldn't mind green 2-3% and break 70sen

I hesitated and missed the boat today

Mr Invisible already came out to play - LBT 100% owner of ADA Cap. now control 50%+ .
I think their glove factory will be ready by Q2 next year based on the authorities approvals mentioned in the diversification plan.


RobertWang For those talk about 55cent, you guys is really uneducated don’t make yourself look silly...this deal was last 5-6 month, when the price was 0.5-0.6, now the deal approved.
Keep talking about 0.55cent when your knowledge not even worth 1cents...
Read the latest announcement, company outstanding borrowing have fully paid, who willing to do that ? Typical gamble, comment after you do your research. I’m not holding any share of this company but will buy when Mr invisible come out.

GETS GLOBAL BERHAD

Type Announcement
Subject OTHERS
Description MONTHLY UPDATE OF ANNOUNCEMENT MADE ON 31 JULY 2019 PURSUANT TO PARAGRAPH 9.19A (DEFAULT IN PAYMENT) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("MMLR")
Further to the Company's announcement dated 31 July 2019, 9 August 2019, 14 August 2019, 21 August 2019, 30 August 2019, 18 September 2019, 1 October 2019, 3 October 2019, 31 October 2019, 29 November 2019, 31 December 2019, 15 January 2020, 23 January 2020, 31 January 2020, 28 February 2020, 31 March 2020, 30 April 2020, 29 May 2020, 30 June 2020, 9 July 2020, 17 July 2020, 21 July 2020, 23 July 2020, 30 July 2020, 28 August 2020, 30 September 2020, 7 October 2020, 30 October 2020 and 17 November 2020, the Company wishes to update that as of to-date the Company and its subsidiaries have fully paid all the outstanding bank borrowings and no longer in default of any payments due to the banks.

This announcement is dated 30 November 2020

Happy enough if close 70sen today

I'm surprised that Gets is not publicizing their plans like Mah Sing, Aspen , AT etc.
Very low-key.

Thought so, thanks bro.

yb6650 As ADA Capital & Datuk Teong ( joint offerors) control more than 33% of GETS ( enlarged issued shares after the Private Placement) - it is mmandatory to offer to buy up all other shares that they do not own. It is up to you to decide - sell / not. My advice is not to sell - its all the way up from now !!
30/11/2020 2:54 PM

No doubt that with the COD of the first plant, confidence is really building with JAKS

Need more shares on the market, any chance of rights issues for existing shareholders after this PP??

I guess no one would be taking up the offer knowing what ADA Cap have planned.

What does this all means? Can someone help to explain??

Very strong morning session, hopefully can sustain second half

Collection day!

Have been waiting for a big move since the August high. Why this counter so difficult to sustain a momentum?

Hopefully this week new momentum. Very undervalued compared to its peers.

New owner pumped in more than RM85mil with PP (see circular).
Factory approval submission was submitted way back in July! (all info in circular).
Have the factory construction started and when to complete?
Now I know why GETS went up like crazy past 4 months since change of shareholders.
Still a lot of upside??

Hope for another stable green showing today but we might be in for a minor correction?

Thanks Zeoi,

New owners putting in fresh capital definitely good sign.
Knew something big coming after reading the diversification proposal.
Monday????? Good luck everyone.

Hopefully can continue to gain momentum next week.

Very disappointing

Heard PP approved. What's other news from EGM? Anyone willing to share?

Hope can finish in the green today.

Exciting


BanyakZhun The one n only Taiko coming. We support you Mr Invisible.
27/11/2020 12:55 PM

A lot of people locking yesterday's gain, hopefully today will still end up in green and strengthen RM7 support

Buy signal has appeared?

I hope with the COD of the first powerplant achieved, this will be a start to sustainable uptrend of JAKS share price.