guys, seeing the developments of another related company, INIX there seem to be another scenario worth considering. Anuar Hanadzlah has been asked to be removed (due to a potential misconduct) this will be necessary if Semperit would do RTO. They want a clean BOD. Based on the price movement as well for INIX, it is foreseeable that INIX and MQTECH are working together for this.

Only been half hour and such volume? Hmm...

i'm glad those who remained objective can see the light now. a news update this week needed to justify the sweet volume

According to the European Rubber Journal posted few days ago, Semperit forecasts "significant" earnings gains for 2020. *hint hint

with Top Glove and Hartalega reaching new heights yesterday, if you were in Semperit's shoes then you would obviously want to get on board soon. May sound too optimistic here but if nothing gets updated by next week, then they will miss another window of opportunity.

NeymarJR's sentiment in this forum changes by the day.

Is Mazlan Associates the firm responsible for any drafting? That would explain why Jacqueline has been acquiring LOL

aren't you all glad we had that weekend to digest the reports appropriately lol. well done

Real question before market opens tomorrow is, do you really think Austrians will let go off their pride by simply selling it off? They would still want some sort of ownership. This can't be achieved through sale to TG. That's a fact.

and the significance of Latexx to them, as reported in March.

Vienna/Austria, 26 March 2020 – In view of the current developments surrounding the Corona/CoVid-19 virus, the publicly listed Semperit Group, in cooperation with the crisis management team of the Austrian federal government, delivers more than 60 million gloves to provide protective equipment for medical personnel in Austria. The examination and protective gloves, which are produced at the Sempermed production site in Kamunting, Malaysia, will be brought to Austria on four flights operated by Austrian Airlines until the end of April 2020; distribution will be handled by the Red Cross. The first "Glove-liner" lands tomorrow, Friday.

If this is Semperit Group's narrative in May, so let you deduce the long term plan.

"The increase in revenue in the Medical Sector is primarily due to an increase in volumes sold, which was achieved particularly through improved capacity utilisation due to higher production volumes. In addition, the initial effects of the corona crisis were reflected in increased demand for examination and protective gloves as well as surgical gloves. The short-term increase in demand is reflected in an improved order situation."

haha yeah but then again, it's not like Semperit is denying it or Bursa reprimanded Mqtech. Well let's just enjoy the weekend and enjoy the show next week

exit the business in Malaysia i mean

whatever the outcome it sure will be an exciting news Rizal. Because i don't think Semperit wants to exit the business by just selling it off to TG lol.

yes alex, what about it? The 22mil cash or plan after?

https://www.nst.com.my/amp/business/2020/04/581819/majuperak-supply-solar-energy-perak (this Big Punter)

another thing that needs to be considered when it comes to monopoly, pretty sure european market wants options and if TG gets Latexx instead, it will raise some flags.

Seeing updates on Komakcorp, it has a strong narrative to Fintec creating a synergy with DGB and Netx.

If you remember, “Through the acquisition of Komarkcorp, Fintec has the potential to be part of a full-fledged supply chain system by providing security prints to manufacturer, distributors and retailers of various industries.

Moreover, Fintec said the proposed acquisition may also complement its existing investment in NetX Holdings Bhd, a company involved in, amongst others, the provision of electronic payment solutions and development of a lifestyle mobile application."

Who knows next few weeks

it will come together fintec and netx

everything feels right. next week sounds about it

and more shares issued. another 1.43m cash in bag

yes normal profit taking, most retail investors would have failed the marshmallow experiment haha

https://www.theedgemarkets.com/article/tech-sector-see-powerful-acceleration-earnings-growth-post-covid19-%E2%80%94-franklin-templeton

have faith

yes you did Jay lol

but the idea of someone selling their company to direct competitor instead of remaining in the game is still highly doubtful. RTO all the way instead

haha Jay has been consistent when he called it for AT too

Any updates on their negotiation. Semperit newly appointed CFO early this month has a strong background in auditing.

the announcement will only happen after lunch lol

Is the chairman anuar hanadzlah related to former finance minister husni hanadzlah? Wasn't he also involved in an inquiry for misconduct at Inix? So why would Latexx 'choose' MQTech? Asking sincerely

@kitchan53 refer to @wilson FB link

other than the solar project what else are they cooking?

https://mpiregroup.com.my/about-us/

https://www.thestar.com.my/business/business-news/2019/02/12/quick-take-eo-shares-down-11pc-after-cash-call-move/ @Dato5Star