Market can be irrational.... it feeds on any positive news to give them an excuse to drive up a stock price... conversely, it feeds on any negative news to sell down a stock.
Depechem, yes agree maybe monday morning will up a bit because of the good news and than turn back to drop trend break 0.10 or can continue up to sky no problem, Many posibility of the price movement on monday.
Ppmaster...It's understandable any shareholders here will be excited... and naysayers and skeptics will not be as excited.... but it's acceptable what u said... market can be unpredictable... Monday's price movement is unpredictable. Cheers
Moneymakeking, really dunno monday movement, hope the price wont drop start trading. If monday price closing is droping than will be very very dangerous for the coming day.
will standby my 500k for this on monday. So lucky it is still cheap. huh .They very smart to push the price down to collect cheap leaving everybody thought the game is oover. Than they release the news. Wallaaa again they manage to get it cheap.
Pls check the WHO phase 3 us and china vaccine prices,the taiwan vaccine got any approval or someone already using the vaccine?think about urself ,dont chase high and stay in the higher condo
Metronic aims RM180 million profit from Covid-19 vaccine
KUALA LUMPUR: Metronic Global Bhd (MGB) through its subsidiary Metronic Medicare Sdn Bhd (MMSB), has inked a memorandum of agreement (MoA) with Medigen Vaccine Biologics Corporation (MVC), to distribute Covid-19 vaccine in Malaysia and potentially other countries.
If Solution can command over 90 sens with similar vaccine distribution status....I give MT 50% less.... still 0.45 sens.... all depends on syndicates' appetite....if their appetite as big as those in GETS...HOSEI LIAO...HAHA.
Strictly for goreng kaki ...fast in , fast out. Who would sponsor cheaper and safe Vaccine than Malaysia GOV.?? On 18Nov20, Khairy Jamal signed a 5yrs Contract with SinoVac to supply vaccine to Malaysia. Basically Metronic vaccine has No approval from Malaysia Gov. I would rather get vaccine from Oxford Or Moderna 6 months from now. But SinoVac already injected into One million people with little safety concern
Apa yg pasti mereka yg tak masuk mtronic pada khamis dan jumaat lepas pasti terlepas peluang bila mtronic hampir pasti meletop pembukaan isnin.Isu vaksin betul atau tidak itu nombor dua sebab bursa ni mmg tempat utk tipu pemain saham.Cuma siapa yg terkena bergantung kpd kebijaksanaan dan kelicikan masing2.
180mil profits just an estimation from the calculations made by MT. The amount has to be added into the proposal to get approval from the BOD before the agreement can be materialized right? For most of us out here just focus on the share price whether this news can give confident to ppl to buy. And how much the company will profit in this proposal is their business. If ppl think this news can spike the share price, they will buy and dispose if they no longer wanna holding it. It is a just public interest.
This is a GORENGGGG STOCK. Syndicate can either push it up or push it down. It's under their control. We are just a small fish swimming along with the SHARKS. If taken wrong way the SHARKS eat the small fish.... If taken the right way, the small fish can eat together....
19 &20Dec - VC acquired 6.5Mil shares @ 10.5c and news 180Mil profit came out. I guess next week share price will rocket high...2012 history will repeat in 1 week
Please research more about MVC.... who they are.... who they partner in the vaccine development process....i believe Moderna and the U.S institute of Health were mentioned....not unknown brand selling at USD12
MTRONIC’s announcement of the agent vaccine stock price may not have any reaction. Seeing that the stock prices of HWGB and BINTAI both fell after the announcement a few days ago.
@SinGor Sorry, I have to correct you there. It is not Sinovac, it is Sinopharm which is linked to Kanger. Both are based on inactivated vaccine platform. Go go Kanger !!!!
foremost, it is just an MOU secondly, till now, the Taiwanese themselves are worried they are left out of the vaccine chain, as pfizer and moderna does not have enough vaccine for them, as the Taiwan government did not booked any. They did not partake in covax either. thirdly, Taiwan does not produce vaccine on her own.
now, where does the Taiwanese vaccine comes from ?
MT at current price still can fall on news???? HWGB and Bintai already enjoying a premium before selling a single shot of vaccine... it's MT's turn to enjoy a premium in their stock price...LOL
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 212 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 441 views | 5 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DepecheM
810 posts
Posted by DepecheM > 2020-11-20 22:26 | Report Abuse
Market can be irrational.... it feeds on any positive news to give them an excuse to drive up a stock price... conversely, it feeds on any negative news to sell down a stock.