sebastian71

sebastian71 | Joined since 2018-08-30

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2018-08-30 09:48 | Report Abuse

after this 4th quarter ..i can see this company is hopeless..i was too naive to believe they could make miracles.. wasted my hard earned money lost to this M3 . those who still day dreaming. please wake up .i used to day dream they could turnaround but the result shown the reality..

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2018-08-30 09:46 | Report Abuse

i have been putting hope on this M3 for nearly a year ,initially thought the first year losses in 2017 after they mentioned turnaround is still forgivable.. but 2018 even worse... now aggregate losses even bigger than before.. where is the profit..motherfker management MD Lim seng boon and GM Ng chen lok.. if you two cant perform properly, just tender resignation la… why always write good grandmother story long summary in qr report and open articles if you cant deliver profit result??? they just keep repeating the same story ..again and again.. wat wat rationalization la.. cut cost la..monitoring la. All useless..in fact they just cant boost the result but accumulated losses is shitting high now

not sure you realize or not.. they have been releasing ENDLESS OF all kind of provision, amortization and impairment which have been the main reasons for the company to incur losses for 2017 and 2018...whenever i see hopes to go green..impairment provision bla bla ruined the profit game but they just keep saying back to black in 2018.. such a simple consideration they cant even handle properly.they simply know these provisions are bigger than PBT but still blindly hope for turnaround.

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2018-08-30 09:40 | Report Abuse

since early 2017, the management keep mentioning turnaround turnaround..made a lot of publicity and few guys here said in 2018 they could manage to make 5million to 10million PROFIT..but UNTIL NOW THE 2018 LOSSES ALONE IS NEARLY 8 MILLION, even worse than 2017 7 million losses,the only quarter that merely make small 210k profit - 2nd quarter 2018, however, management given an excuse saying that they could make more profit during that 2nd quarter but due to USD exchange rate 4.22 to 4.04..

however this 4th quarter even with USD exchange rate from 3.85 to 4.05, they still could make a 1.7 million losses.. wat the hell???did you notice or not.. this time they just kept quiet on the unrealized gain of 1 million plus?IF NOT BECAUSE OF THIS FOREX LOSSES, THIS QUARTER COULD BE WORSE, MORE THAN 3 MILLION LOSSES IS IMMINENT if you got read qr reports ,you should know i am telling the truth..strong USD they cant make profit d. wat do you expect if USD weaken again??

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2018-08-30 09:33 | Report Abuse

guys. i am out at 0.07 just now..extremely disappointed with this M3tech 4th quarter 2018 result, never expect this USD so strong from 3.85 to 4.05 still make a heavy loss.. i have been one of the victims who entered at 0.145 nearly a year ago due to the management mentioned turnaround plans..back to black bla bla now it is definitely an actual failure.. wasted my time and energy to wait this stupid M3