Why You Should Consider Buying MIKROMB (Stock Code: 0112)

Ownership in ELRIDGE Energy:

Before IPO: MIKROMB owns 25% of ELRIDGE Energy.
After IPO: MIKROMB will own about 20.6% of ELRIDGE Energy.
ELRIDGE Energy’s IPO:

Date: 22nd August.
IPO Price: RM0.29 per share.
Expected Market Cap: RM580 million.
Potential Gain:

First-Day Gain: If ELRIDGE’s stock price increases by 20% on the first day, its market cap could reach around RM700 million.
Value for MIKROMB: MIKROMB’s 20.6% stake in ELRIDGE would then be worth approximately RM140 million.
Current Situation:

MIKROMB Market Cap: RM300 million.
Stock Price: Trading at RM0.285 per share.
Opportunity:

With ELRIDGE’s potential value increase, MIKROMB’s stake would significantly boost its value.
This additional value is nearly 50% of MIKROMB’s current market cap.
Conclusion:

MIKROMB’s stock is currently undervalued considering the upcoming IPO of ELRIDGE.
This makes it clear why MIKROMB is an attractive buy right now. 🚀🚀🚀🚀

@yttihs Hey there! Can I join the private group for gloves counter discussion ? Would appreciate your invitation :)

Tan Sri Musa Aman son is substantial owner of the company. 30% stake

https://www.thestar.com.my/news/nation/2020/07/30/shafie-announces-dissolution-of-sabah-state-assembly

huge chunk of share transacted at 42c. Huge Premium

https://www.tradingview.com/chart/0138/SbwzWSgt-MYEG-Result-Play/

Price went 0.960. Our weekly support. Have yet to update new chart. But price levels still valid as for now.

https://www.tradingview.com/chart/3883/jBwdRFK4-MUDA-Losing-steam/

PRESBHD is suspended

https://www.tradingview.com/chart/7113/jBf4aUZr-TOPGLOV-Inclusion-in-KLCI/

Bounce at support, managed to get any ?

Time to collect more at this price ?

https://www.tradingview.com/chart/7113/jBf4aUZr-TOPGLOV-Inclusion-in-KLCI/

https://www.tradingview.com/chart/5204/qIajCbgO-PRESBHD-Retesting-of-support/

Our techinical outlook. Result coming out this friday ?

https://www.tradingview.com/chart/0138/SbwzWSgt-MYEG-Result-Play/

Will it bounce 2.31 ? https://www.tradingview.com/chart/5286/jqkLdHVt-MI-Testing-Strong-Support/

https://www.tradingview.com/chart/5253/UKkjw4gs-ECONBHD-Retesting-Support/

https://www.tradingview.com/chart/7233/ZzlWEpFf-DUFU-parabolic-movement-Beware/

Parabolic much/

Is the bloodbath over? https://www.tradingview.com/chart/0138/WpZpNEVN-MYEG-Tight-SL-trade/

Go or no go?
https://www.tradingview.com/chart/0138/WpZpNEVN-MYEG-Tight-SL-trade/

congrats all put holders

@MHP 3.0

As long you can understand.

But I didnt take that HSBC trade, no clear signal

Your tradingview stating #short# there.

Hahah. That's my projection, based on that day news. With a tight stop loss of 3%.I dont win 100% all the time yo :)

Zone will be keep changing as long there is new price movement

MHP 3.0 Um, those line are the zone I expect price to stop. From there either a uturn / breakout etc. In this case, price already tested twice and rejec.

@MHP3.0 No trade on that one my friend. But price stopped at 66.65 on point.

i think price will come down a bit

As expected https://www.tradingview.com/chart/HSI/bF42ZEGI-HSI-Level-to-watch/

good news. dont worry

Come here to see Hanwen sentiment on HSI.

Anyway, I'm in for a short. Quick one

well well well. been a while since i last traded. Choppy price action

morning fellas. Only seek for longs now.

Congrats all puts. Levels have been shared earlier. and an 1k pts spike on HSI is good to short. Risk is always low.

https://www.tradingview.com/chart/HSI/bF42ZEGI-HSI-Level-to-watch/

Good run on SIME. Wait to buy again

We went beyond out 10% target. https://www.tradingview.com/chart/4197/Wdk4xVch-SIME/

First target achieved. Now where to stack entry again https://www.tradingview.com/chart/7106/ovYrKYiI-SUPERMX/

USOIL. Price still under pressure. Maybe a technical rebound at 60USD will push this counter https://www.tradingview.com/chart/USOIL/Ai6nopWZ-USO...

USOIL. Price still under pressure. Maybe a technical rebound at 60USD will push this counter https://www.tradingview.com/chart/USOIL/Ai6nopWZ-USO...

Recap on global oil price https://www.tradingview.com/chart/USOIL/Ai6nopWZ-USOIL-Seeking-for-entry/

Recap on global oil price https://www.tradingview.com/chart/USOIL/Ai6nopWZ-USOIL-Seeking-for-entry/

Zone to watch. To buy when price hovering around support
https://www.tradingview.com/chart/5199/uqU3SKP8-HIBISCS/

More upside probably. Price seems bottomed unless both strong support is voided
https://www.tradingview.com/chart/4197/Wdk4xVch-SIME/

HSBC report coming out later on. Trade safe guys
https://www.tradingview.com/chart/5/PpS4l8AR-HSBC-Q3-reports/

Levels to watch..
https://www.tradingview.com/chart/0138/z5GnVZti-MYEG-Good-to-buy/

HSI levels to watch. https://www.tradingview.com/chart/HSI/bF42ZEGI-HSI-Level-to-watch/

https://www.tradingview.com/chart/7106/ovYrKYiI-SUPERMX/

Attractive price, chart for TP and SL

have to break 25,100 only can see 25. Unlikely

25,200 defended. Added more. If tomorrow gap down then holland

Hanwen, not bullish ? huu. Today intraday hit the low of July 2017 and bounce

Call. Let's go. Up up

thnaks a lot lime

Can anybody guide me how to check inventory of the warrants ?

25,600
25,425 <<< I would buy here if price action shows rejection
25,200
25,000 << All in longs with tight SL