METRONIC GLOBAL BHD

KLSE (MYR): MTRONIC (0043)

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Last Price

0.095

Today's Change

0.00 (0.00%)

Day's Change

0.095 - 0.10

Trading Volume

16,925,300


11 people like this.

10,273 comment(s). Last comment by whistlebower99 21 hours ago

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

@whistlebower99 ...thank you yea.... friendly reminder from you....

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

If there is opportunity.. Just try our luck.... good luck all traders..

mansaham1972

1,072 posts

Posted by mansaham1972 > 1 month ago | Report Abuse

Saya belum jual,tunggu cecah 20 sen atau tengok prestasi dulu hahaha

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

otw to moon.... go go mtronic

Posted by whistlebower99 > 1 month ago | Report Abuse

For punters and gamblers
Some will make
More will be trapped
Good luck

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

Good luck traders....

fl888

6,178 posts

Posted by fl888 > 1 month ago | Report Abuse

Saudee ri at 15cts now 5.5cts...Pasuk RI at 8cts now 2cts.......

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022 ("RIGHTS ISSUE WITH WARRANTS")

Ex-Date 09 Jun 2022
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0600
Ratio (New:Existing) 6.0000 : 1.0000

Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022

Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM

Available/Listing Date 13 Jul 2022

https://www.klsescreener.com/v2/announcements/view/3553643

================
Be prepared to contribute more money to directors fund raising exercises

================
TAYOR

Posted by whistlebower99 > 1 month ago | Report Abuse

Based on price movement of other penny stocks with similar corporate exercise, be prepared for share price to drop below rights issue price if rights issue acceptance is low and lacklustre

Stocks like fast, pasukgb, pdz, ages, vizione, permaju, csh, eastlnd, kanger, trive, etc

Legend

4,004 posts

Posted by Legend > 1 month ago | Report Abuse

Sudah ada profit cabut la...apa tunggu

sunsetbiz

421 posts

Posted by sunsetbiz > 1 month ago | Report Abuse

a loss from disposal of investment in quoted shares of RM3.2 million recorded during the period.....keep trf to cash to their pocket lol....:)

citadel888

430 posts

Posted by citadel888 > 1 month ago | Report Abuse

right issue only 7 cents stuupeed here still buying at 0.12???

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

QR is out. Another quarter of losses

Profit/(loss) attributable to ordinary equity holders of the parent -4,742,000

https://www.klsescreener.com/v2/stocks/financial-report/0043/2022-03-3...

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR, set realistic target

sunsetbiz

421 posts

Posted by sunsetbiz > 1 month ago | Report Abuse

2-3c for all safe....:)

Legend

4,004 posts

Posted by Legend > 1 month ago | Report Abuse

Warning sudah bagi...Suruh cabut tak nak cabut...pilihan sendiri.

winston1

479 posts

Posted by winston1 > 1 month ago | Report Abuse

At 6 sen RI subscription, they will push up to entice shareholders to subscribe

mansaham1972

1,072 posts

Posted by mansaham1972 > 1 month ago | Report Abuse

Masuk balik harga 10.5 sen utk main 2n3 hari,jgn cuba2 hold sudah la

mansaham1972

1,072 posts

Posted by mansaham1972 > 1 month ago | Report Abuse

Paling best hari ni q beli G3 harga 7 sen dan jual balik 7.5 sen beberapa kali,daoat jugak kopi nasik lemak hahaha

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

@mansaham1972....wah untung banyak lah.. hari hari luck.... Tahniah ye...

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

peram lah dia ni buat pekasam.... hahaha..... x kan 8 tahun x naik.... hahaha

su1801

476 posts

Posted by su1801 > 1 month ago | Report Abuse

go mtronic go mtronic.... Diversification.. ......Business expanding..... hahaha

.

Icon 888

1,381 posts

Posted by Icon 888 > 4 weeks ago | Report Abuse

0.06 or Below coming… DUN Buy right issue 0.06 .. sure 0.06 or Below la

Citadel12

1,028 posts

Posted by Citadel12 > 3 weeks ago |

Post removed.Why?

fl888

6,178 posts

Posted by fl888 > 3 weeks ago | Report Abuse

sure RI will be undersubscribed and have to be supported with RM10 million by the 2 directors who will become substantial shareholders....

Posted by whistlebower99 > 3 weeks ago | Report Abuse

FOR NEWBIES

1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE

Consolidation COMPLETED
Closing price on 18 May = 0.01
Ex-date 19 May consolidated price = 0.10

=================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022

Ex-Date 09 Jun 2022 (COMPLETED)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0600
Ratio (New:Existing) 6.0000 : 1.0000
Ex Price = 0.065

==================
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022

Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM

Available/Listing Date 13 Jul 2022

https://www.klsescreener.com/v2/announcements/view/3553643

================
Next date to look forward to :-
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022

================
Purchases from 9 June onward will not be entitled to subscribe for rights shares @ 0.06

================
TAYOR, set realistic target

Posted by whistlebower99 > 3 weeks ago | Report Abuse

FOR NEWBIES

Based on other loss making penny stocks with more or less similar corporate exercises, price will drop back to around rights issue price or even lower.

====================
Pasukgb offered rights at 10sen in June 2021, now trading at 2sen
Pdz offered rights at 14sen in Sep 2021, now trading at 4sen
Lambo offered rights at 10sen in Aug 2021, now trading at 6sen
Fast offered rights at 12sen in Nov 2021, now trading at 4sen
And many more like Kanger, Mtouche, Sanichi, Trive, Netx, etc

===============
Before the coming listing of rights shares on 13 July 2022, there are only 216,857,919 shares in the market at the moment.
Operators might be able to push the prices to attract newcomers into the game but it will be difficult to maintain the price for long

Be informed that on 13 July 2022, additional 1,301,147514 rights shares will be listed, resulting in total issued shares = 1518005433

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

TAYOR, don't be caught at high price

Posted by Beginner27 > 3 weeks ago | Report Abuse

Is it worthy to subscribe Right Issue@ 6 sen?

Posted by whistlebower99 > 3 weeks ago | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022

https://www.klsescreener.com/v2/announcements/view/3563023

=================
Prospectus and subscription form

=================
On listing date (13 July 2022), up to 1,496,319,636 rights shares and 498,773,212 warrants will be listed.

Total issued shares will exceed 1.5 BILLION shares again

=================
Be prepared that the current price of 0.10 might not be able to sustain for long

Be prepared for the price to drop below rights price, just like many penny stocks with similar corporate exercises.

==================
TAYOR, don't be caught at high price

ajime17

73 posts

Posted by ajime17 > 3 weeks ago | Report Abuse

why don't subscribe but got OR suddenly

winston1

479 posts

Posted by winston1 > 3 weeks ago | Report Abuse

OR can either be subcribed or sold in market

Posted by PennyStock123 > 2 weeks ago | Report Abuse

WAH!!.... first day already 13 mil rights sold....not bad...

su1801

476 posts

Posted by su1801 > 2 weeks ago | Report Abuse

@whistlebower99......when the WB will be listing yea??? From your comment I can see you are have long experience

su1801

476 posts

Posted by su1801 > 2 weeks ago | Report Abuse

You really can understand the Bursa movement and the cheat company

Posted by whistlebower99 > 2 weeks ago | Report Abuse

Possible that directors might announce more MOUs, HOAs or press releases to excite and attract more newcomers to trade here

Posted by PennyStock123 > 2 weeks ago | Report Abuse

Date for cessation of trading of rights is not 21 Jun 2022....its friday 17 June 2022 (tomorrow)

Posted by PennyStock123 > 2 weeks ago | Report Abuse

i just checked with Maybank Trade....

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director
Name DATUK SERI TAN CHOON HWA
1 14/06/2022 1,000,000 Disposed Direct Interest
Consideration (if any) RM0.105

2 14/06/2022 863,700 Disposed Direct Interest
Consideration (if any) RM0.105

Total no of securities after change
Direct (units) 0
Direct (%) 0.000
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 16/06/2022

==================
Director sold all his shares

==================
Price likely to drift lower after closing date and before listing date.

=================
TAYOR

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

Some of the penny stocks that offered rights issue :-

1. FAST 17/11/21 RI 2:1 @ 0.12
2. EASTLND 17/1/22 RI 19:7 @0.07
3. ARBB 19/1/22 RI 1:1 @ 0.12
4. CSH 21/12/21 RI 1:1 @ 0.15
5. VIZIONE 4/2/22 RI 1:1 @ 0.08
6. TWL 8/9/21 RI 3:4 @ 0.04
7. PASUKGB 21/6/21 RI 6:1 @ 0.10
8. PDZ 1/8/21 RI 6:1 @ 0.14
9. PERMAJU 3/11/21 RI 1:1 @ 0.07
10. BCMALL 23/7/21 RI 6:4 @ 0.08
11. AGES 5/5/22 RI 2:1 @ 0.20

=================
Compare the current price

==================
TAYOR, don't be caught at high price

Posted by PennyStock123 > 2 weeks ago | Report Abuse

today is last day to buy the Mtronic Rights share....

Posted by PennyStock123 > 2 weeks ago | Report Abuse

last chance...

JJPTR

201 posts

Posted by JJPTR > 2 weeks ago | Report Abuse

MTRONIC went ex 10:1 consolidation on 19th May ,2022, ex-price 15c.
Now , 1 week later it is 12c !!!!!
20 % wipe out for those who go in at 15c
or 50% wipe out for those who buy @2.5c before 10:1 consolidation.

On May 25th, as predicted, MTRONIC announce MASSIVE RI, 6 FOR EVERY ONE HELD @6C
IF you are still holding at 12c now. just dump and RUN FOR YOUR LIFE.
As the ex date of 10:1 approach,price of Mtronic willslide to 6c or below.It is downtrend all the way .
If it bounce up to 12c or above, dump to the syndicate.
It will drop to 6c and below just b4 the RI go ex

This FINTEC related counters, about 60 of them, are SUPER dangerous.
Why? They can drop from 26c to 1c, and @ 1c, that is NOT the bottom yet.
It can still drop to 0.05c, a drop of 20 times from1c, ,by initiating 20:1 consolidation.

This 80-90% wipe out for KANGER already happen once in 2021 when Kanger issue right 2.8b share
Guys beware of massive slaughter going on in these covid19 MOU/PP/RI/ESOS with 15 qtrs loss making companies. There are about 60 of them, all with same gang of CEO,ED, each earning millions from 5 or 6 companies.
And they only produce revenue of 1m per qtr, but loses can come to 70m

DIRECTOR SELLING
its immediate level willbe 6c .
3206

ajime17

73 posts

Posted by ajime17 > 1 week ago | Report Abuse

mtronic mahu ke mana

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

Be reminded of the date:-

Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM

==============
After the closing date, price more likely to drift downward than trending upward, based on observation of price movement of other penny stocks that had undergone similar exercise of shares consolidation and rights issue with free warrant.

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR, set realistic target

AlfI3

1,108 posts

Posted by AlfI3 > 6 days ago | Report Abuse

Can pls eleborate how d operator "power" it??

Posted by whistlebower99 > 5 days ago | Report Abuse

FOR NEWBIES

1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE

Consolidation COMPLETED
Closing price on 18 May = 0.01
Ex-date 19 May consolidated price = 0.10

=================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022

Ex-Date 09 Jun 2022 (COMPLETED)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0600
Ratio (New:Existing) 6.0000 : 1.0000
Ex Price = 0.065

==================
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022
MTRONIC-OR Price = 0.005 seller quote
Closing price on 20 Jun 2022 = 0.09

===================
Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM
Closing price on 28 Jun 2020 = 0.10

==================
Next date to look for :-

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022

Available/Listing Date 13 Jul 2022

https://www.klsescreener.com/v2/announcements/view/3553643

================
TAYOR, set realistic target

Posted by whistlebower99 > 5 days ago | Report Abuse

On listing date (13 July 2022), up to 1,496,319,636 rights shares and 498,773,212 warrants will be listed.

Total issued shares will exceed 1.5 BILLION shares again

=================
Based on price movement of other penny stocks with similar corporate exercises, there is a high probability of the current price of 0.10 drifting lower toward rights issue price of 0.06, approaching the listing date for the rights issue shares and warrants.

==================
TAYOR, don't be caught at high price

Posted by whistlebower99 > 3 days ago | Report Abuse

Operators continue to entice day traders, punters and dare devil retailers to the stock with moderate volumes

Posted by whistlebower99 > 21 hours ago | Report Abuse

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022

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