Wave-like pattern. Tmr it might undergo price correction

Next station will be Rm1.60

because every stock behaves like a wave, up and down. It can hit Rm1 before CNY, I am happy alrdy

Rm 2 before CNY seems a bit too ambitious 😅

wow, its momentum is strong today. Excellent QR is coming this month

its fundamentals are solid af. Worth to keep it for long-term

This company holds more than RM80 million in cash and cash equivalent and no bank borrowing

I think it follows KOSPI going up and down, technically speaking

Momentum slows down again. It's a breaking time for Mersec 😁

breaking Rm1.40 again... turn profits in upcoming q4 I guess

Haha, weak traders are being ' manipulated' to throw when it slid to 55 cents 😁 So, better invest it rather than FIFO or trade it

Chemical price is rising?

Indeed, panic selling today. But don't worry much; it will start rebounding after the selling force vanished

vroom vroom, riding towards RM3.15

new supporting price is at 51 cents there now. It will continue to go north I guess

I see. Then it's between April to June next year

I think got another rally when it announces QR this month

When to get the free warrant?

no rush to tp as long as your margin of safety is high and it probably will move higher after good QR is presented

with this kind of market situation, 2025 it is

No idea, wait for the official announcement from the company. Hopefully they will declare the dividend when its q4 result is out

any good catalyst to induce its share price moving up?

See you at 40 cents, MERSEC next month 😁

Revenue improved but PAT dropped due to high finance cost ...

34 cents becomes its current strong supporting price

looks like it's slowly moving up

I guess later on it will show announcement that either directors or institutional fund was tapping in 😁

i guess is chemical price up ...

institutional funds flow in? 😁

It has a tendency to move up like Genetec as its NOSH is low 🤓

Opps, srry for posting that old news...

what a good catch, DividendGuy67. It's moving towards 1.20

ICYMI, the government announced that brokerage services would be taxed under the new eight per cent service tax regime

https://www.nst.com.my/business/corporate/2023/10/967590/service-tax-brokerage-services-have-minimal-impact-trading

Depending on your holding power and targeted price, LHT4216148

high probability they will declare an interim dividend at that time

then have to wait next year to see their Q4 😆

Don't know Mersec will give dividend or not since it's making good profits 🙂

Nope. Follow Director buy 😆

Yupe, currently has 28% of paper gain. Wait for more returns in long run

No dividend will be given for this year I guess

Mersec has been on the market for more than 30 years, pretty sure it gains a lot of users

That's why it's quite similar with Hextech 😆

Heard that its interest rate for its margin account is around 4.5% - 18.0% and the company will generate extra income through it

Then hard for Lctitan to show better performance in Q3 ...

Look forward its another client going public end of this year

CGB is the next Hextech? 😁

dnt worry, our govt will collect more money from luxury goods and online sales taxes

https://www.malaymail.com/news/malaysia/2023/10/12/will-we-see-launch-of-capital-gains-tax-in-budget-2024-and-what-happened-to-luxury-goods-and-online-sales-taxes/95803#:~:text=Capital%20Gains%20Tax%20(CGT),will%20be%20implemented%20in%202024.

Wonder Lctitan will give dividend this year or not ...

line are doing a bad job at talking nonsense, who even is paying him?

BN are used to be sitting at the throne, now tak suka hati after falling off hard...