0.08 support broken

Wait for 0.02 sen

RED CANDLE

Consolidation of shares could be brewing????????

support is at 0-22......BUY

Support 0.17.....BUY....

0.02 ......100% oversold....Rock bottom price....

support 0.21

BUY...BUY..BUY.......ATTACK

NTA 0.53....Yong Tai can play up to 2.30

@ Success74

Yup....NTA 0.075......

After consolidation will play between 1.32 to 3.99


Cheers



==================================================



Succes74 Mtouche before share consolidated from 2:1 on March 2017 (share price from last trading 0.10 to 0.20 after consolidated) it upward to 0.68 (up 3.4 times) then drop back to ~0.2x before RI ex-date on Sept 2017.

Did your think it going to happen again? Share consolidate from 10:1
Assume last trading date 0.07 (0.70 after consolidated), 0.70 x 3.4 times = 2.38. Just for discussion only.... as we dont't know operator next action plan & target....
"The basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the Entitled Shareholders at an issue price to be determined by the Board at a later date"

Just a question free warrants D for existing consolidated share by entitled shareholders only or you bought the share after consolidated stil entitle to get the free warrants D after subscribe?
07/02/2021 1:32 P

NTA 0.154.....VC can play up to 1.588......ATTACCCK

Traders will come in above 0.05

Hey Guys...No worries ....NTA 0.027....Eduspec can play up to 0.31.....

WILL HIT JACKPOT

ATTTACCCCKKK

maybe can hit 3.99

Five years high for this counter is 0.735......

After consolidation price will move between 0.11-1.25

KUALA LUMPUR (Feb 5): mTouche Technology Bhd is raising fresh capital of up to RM79.44 million via a cash call to finance its diversification into the distribution and sale of Covid-19 test kits.

Meanwhile, it also proposed an extension of time frame for the utilisation of the remaining proceeds raised from the rights issue exercise that was completed in November, 2017.

mTouche, in which AirAsia co-founder Datuk Kamarudin Meranun holds a 5.17% stake, has proposed a rights issue which comes with free detachable warrants after the proposed 10-to-one share consolidation exercise.

The renounceable rights issue of up to 794.37 million new shares will be on the basis of six rights shares with three free warrant-D for every existing consolidated share held.

mTouche has set a minimum of RM10 million to be raised from the proposed rights Issue.

To meet the minimum subscription level, the company has procured written undertakings from its executive directors Tang Boon Koon and Chen Huei Ping.

Under the minimum scenario, Tang's and Chen's shareholdings in the company will rise to 21.94% from 0.04% respectively, assuming none of the other entitled shareholders subscribe for their right shares.

mTouche, which is principally involved in the provision of mobile value-added services for smartphones, said it had reported losses for the past two financial years ended June 30, 2019 (FY19) and FY20 mainly due to increasing competition in the mobile value-added services industries arising from new developments in mobile technologies.

Thus, the group plans to diversify into the healthcare business which includes the distribution and sale of Covid-19 test kits and the wellness business to improve its financial performance.

The group also said following its share consolidation, its number of shares will be reduced to 128.15 million from 1.28 billion.

Meanwhile, the gross proceeds to be raised from the proposed rights issue with warrants will be utilised for the expansion of the distribution and sale of test kits business, funding of the wellness business and working capital.

mtouche closed 0.5 sen or 10% higher at 5.5 sen, valuing the company at RM72.81 million.

https://www.theedgemarkets.com/article/mtouche-technology-proposes-share-consolidation-diversification-and-rights-issue

kolek...kolek...kolek......ceiling price 0.325......lai...lai...lai cheap cheap ....Rock bottom price again....


BUY 0.03

Target1: 0.04
Target2: 0.05
Target3: 0.08
Target4: 0.09

BUY 0.1

Target1: 0.12
Target2: 0.14
Target3: 0.18
Target4: 0.21

tomorrow gap up

NTA 0.53.......kolek kolek....FLYING

BUY 0.11

Target1: 0.12
Target2: 0.14
Target3: 0.19
Target4: 0.21

BUY 0.05

Target1: 0.06
Target2: 0.07
Target3: 0.1
Target4: 0.12

Software-POTENTIAL SECTOR

Stocks related to software in Bursa Malaysia.


NTA 0.042...let's see what happens after it crosses 0.10......

kolek kolek ......

BUY 0.03

Target1: 0.04
Target2: 0.05
Target3: 0.07
Target4: 0.09

Pattern same as MQ Tech.....

kolek kolek,,,, this rubbish stock will become a legend....

Eduspec is the cheapest POTENTIAL SECTOR stock in KLSE.....

NTA 0.042...let's see what happens after it crosses 0.10......

The good thing about Eduspec is that they doing software business.........A POTENTIAL SECTOR.....I am holding this stock......Bright future because they are doing a recession-proof business......Corporate exercise is over and done...the only way about eduspec is up and up...

Spread your risk.....play other counters.....Eduspec hold mid to long term.....My profit from other counters already covers up my eduspec cost.... I am holding eduspec free shares now.....

Eduspec NTA 0.042......See how lah....

No choice lah ....must hold and see what happen next quarter....I will review above 0.075....Technically Eduspec looks ok...

meanwhile focus on other counters....

Spread your risk.....My other portfolios already make more than enough to cover Eduspec cost.....

NTA 0.042.....See how lah....If eduspec can break 0.06....maybe got hope lah....

Ya lah...boring.....

Rock bottom price again......The good news is ,,,BIG WAVE....,the ceiling price is 0.359....Chart back track to 1/4 /2015.........Wait for announcement.....


STOCHRSI(14) 57.080 Buy

BUY 0.06

Target1: 0.07
Target2: 0.08
Target3: 0.12
Target4: 0.14

I told you so........Bina Puri oversold at 0.08....UPTREND...

Refer to my posting dated 15 August below...


=======================================================


tklim BUY 0.08

Target1: 0.09
Target2: 0.11
Target3: 0.15
Target4: 0.17
15/08/2020 4:10 PM
X
tklim Pivot 0.1967

Resistance 1 0.3933
Resistance 2 0.7067
Resistance 3 0.9033

15/08/2020 4:13 PM
28/08/2020 3:32 PM

Floor Price 0.005....Ceiling Price 0.56......I have check out .....Very Happy...bought at 0.04.........GOOD LUCK TO ALL!!!!!

i already cleared my position at 0.065

Ceiling Price 0.495....Floor Price 0.005....NTA 0.06....Good Luck!!!!!!!!!!!!!

CHART IS POINTING 0.359

Support 0.029.....

BUY 0.04
Target1: 0.05
Target2: 0.06
Target3: 0.09
Target4: 0.1

WILL REVIEW AT 0.10

I told you so........Bina Puri oversold at 0.08....UPTREND...

Refer to my posting dated 15 August below...


=======================================================


tklim BUY 0.08

Target1: 0.09
Target2: 0.11
Target3: 0.15
Target4: 0.17
15/08/2020 4:10 PM
X
tklim Pivot 0.1967

Resistance 1 0.3933
Resistance 2 0.7067
Resistance 3 0.9033

15/08/2020 4:13 PM

will go below 0.06

buyyy

Wait for Hubline to cross 0.102.....

Floor price 0.005.....Ceiling price 0.49.....GOOD LUCK GUYS....