METRONIC GLOBAL BHD

KLSE (MYR): MTRONIC (0043)

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Last Price

0.02

Today's Change

+0.005 (33.33%)

Day's Change

0.015 - 0.02

Trading Volume

52,000


13 people like this.

12,038 comment(s). Last comment by blistering 2 months ago

fms016

314 posts

Posted by fms016 > 2021-07-06 11:32 | Report Abuse

Probably private placement share being sold..but why 0.06 b'coz release price 0.065?

Posted by azakwan480 > 2021-07-06 11:36 | Report Abuse

2 possibility; pure dumping or dump and collect at lower price before flying

fms016

314 posts

Posted by fms016 > 2021-07-06 11:40 | Report Abuse

Maybe shark drop the price and collect at cheap price..que at 0.055 not possible to get..

Posted by ZzstrangerzZ > 2021-07-06 11:51 | Report Abuse

everything is possible for now....wait till friday we will know the answer

Posted by Newbiexxxxxxxxx > 2021-07-06 11:54 | Report Abuse

Why Friday

beyond2288

1,791 posts

Posted by beyond2288 > 2021-07-06 12:02 | Report Abuse

0:035

fl888

7,750 posts

Posted by fl888 > 2021-07-06 12:12 | Report Abuse

LimituPrince is the smartest investor after all…

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-07-06 12:14 | Report Abuse

today really scared everyone, the future doesnt look that good anymore out of nowhere 1 BIG RED

Posted by Kishin Sham Mahtani > 2021-07-06 15:12 | Report Abuse

busra as usual sleeping and pump and dump is normal in the Casino that is KLSE

Posted by Newbiexxxxxxxxx > 2021-07-06 16:56 | Report Abuse

Sell on news company

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-07-06 16:59 | Report Abuse

can buy back at 0.055? or wait till new low. no idea what to see now the sudden big red bar is SCARY

Nam Uni

56 posts

Posted by Nam Uni > 2021-07-06 18:03 | Report Abuse

offloaded all today. tq for the push up.

Posted by Investhunter > 2021-07-06 20:26 | Report Abuse

Scam counter

Posted by ipohwhitecoffee > 2021-07-06 20:27 | Report Abuse

corn stock. beware!

awesome20

1,198 posts

Posted by awesome20 > 2021-07-06 20:33 | Report Abuse

tomorrow be ready with popcorn to see this one. my prediction tomorrow test 0.070 level

Posted by Investsucess Trader > 2021-07-06 21:01 | Report Abuse

Appoint one of the 3 monkeys to be chairman, Apandi kutty. This stock will be rubbish as long this monkey is chairman,

Posted by LimituPrince > 2021-07-07 00:06 | Report Abuse

Don’t be a F00L like fl888, got killed but still don’t know what’s going on. That bunch of sharks always using the same trap, the current price will be the “TP”you dream of for y’all if you’re still holding this

roger3210

554 posts

Posted by roger3210 > 2021-07-07 10:21 | Report Abuse

We maintain our BUY call, forecasts and fair value of RM2.47/share based on 18x revised FY23F EPS. We value KPower at a discount to the average forward 20x PE of leading renewable energy players globally to reflect: (1) KPower being a relatively new player in this space; and (2) its relatively small market value. No ESG-related adjustments to our fair value based on a 3-star rating as appraised by us (Exhibit 2).
KPower has proposed a private placement of new shares of approximately 10.8% of its outstanding shares or 48.8mil shares at an indicative issue price of RM2.05/share. The RM100mil proceeds from this exercise are mainly earmarked for working capital (i.e. 50MW LSS4 power plant, mini hydropower plants and other upcoming projects).
Based on our estimates, the gross proceeds of RM100.0mil will increase KPower’s net cash position to RM163.5mil (or 25 sen/share) from RM63.5mil (or 10.5 sen/share) as at 31 March 2021.
Meanwhile, based on our calculation, the new shares will dilute its FY23F core EPS by 6% as a 10.8% expansion in the share base more than offset a 2% earnings enhancement arising from interest income (based on an interest rate assumption of 2%). Assuming the deal is to be completed, our fair value shall fall to RM2.33 based on the same valuation basis. We are neutral on this development.
YTD for FY21F (June), KPower has secured jobs worth a total of RM1.2bil, which is still within our annual job wins assumption of RM1.4bil for FY21-23F (vs. KPower’s guidance of RM2.0bil for FY21F). The group’s outstanding construction order book stands at about RM2.0bil.
We continue to like KPower for: (1) the bright prospects of renewable energy, underpinned by the global trends towards clean and sustainable energy and carbon neutrality to combat climate change; and (2) its strong earnings visibility and growth potential underpinned by its RM2.0bil order backlog on green utility projects, coupled with a massive tender book of RM3.4bil.
At about 12x fully-diluted FY23F earnings, we believe that this homegrown renewable energy player has a compelling investment case given its involvement in the green sector where the growth trajectory is just beginning.

hassim05

125 posts

Posted by hassim05 > 2021-07-07 10:40 | Report Abuse

hahahaha... ini konter mmg sgat jahat

luckaje

536 posts

Posted by luckaje > 2021-07-07 10:41 | Report Abuse

lol.baru tahu ke

fms016

314 posts

Posted by fms016 > 2021-07-07 10:42 | Report Abuse

Sunk after got project?

izoklse

5,272 posts

Posted by izoklse > 2021-07-07 10:45 | Report Abuse

the same shareholder Sanichi. See how sanichi freefall. You will get the idea.

hassim05

125 posts

Posted by hassim05 > 2021-07-07 10:46 | Report Abuse

semua org tau konter super penny mmg mcm tu LoL

Posted by ipohwhitecoffee > 2021-07-07 10:47 | Report Abuse

Thank you Mtronic for pulling down Serba as top volume. Damn annoying to see Serba top volume everyday.
Anyway both also sama2 shxt stocks haha.

Posted by Forcepre7238 > 2021-07-07 10:54 | Report Abuse

Nice goreng.. vol up sddnly fall down.. force sell

dayknight

44 posts

Posted by dayknight > 2021-07-07 11:08 | Report Abuse

wow dead counter

fl888

7,750 posts

Posted by fl888 > 2021-07-07 11:15 | Report Abuse

5cts can buy ?…pray that No consolidation of 10 to 1 and RI 6 for 1 exercises is proposed by Mtronics

beyond2288

1,791 posts

Posted by beyond2288 > 2021-07-07 11:15 | Report Abuse

0:04

Posted by rabbitseductive > 2021-07-07 11:26 | Report Abuse

its a con counter...some thinking they may run when it comes down. U wont have chance to run at all when they dump it down. Took almost 6months to slowly up to 0.08 and then less than 5 minutes , it came down from 0.08 to 0.06. Yes..in 5 mins; so think again if you think you're smarter than them or can run faster than them. You wont know what will hit you. Stay away! The fact that the ex ag appointed as chairman lets u know how fishy is this con counter. Yes, you may make a 1-2 cents trade and run. But, there are so many more counters out there. Why take such a risk?

Posted by whistlebower99 > 2021-07-07 11:29 |

Post removed.Why?

fl888

7,750 posts

Posted by fl888 > 2021-07-07 11:31 | Report Abuse

Apandai is there …pandai do not to worry lah..

Posted by whistlebower99 > 2021-07-07 11:33 |

Post removed.Why?

Posted by nobloodystock > 2021-07-07 12:12 | Report Abuse

Report to SC if any counter being manipulate for investigaton:
https://www.sc.com.my/investor-empowerment/lodge-a-complaint

NKLpunya

81 posts

Posted by NKLpunya > 2021-07-07 14:51 | Report Abuse

Seem many don't want to be associated with crooks or to earn 'dirty' money ?
Afraid of karma retribution.... like now profiting 1 sen, later to lose 2 or 3 sen, double or triple from the peofit od 1 sen.... hihihi...!

sekchuan

136 posts

Posted by sekchuan > 2021-07-07 15:03 | Report Abuse

Investors...Dont get conned by this counter like me...I have been losing a lot but i keep positive hope...But since November last year i was conned on conned by this manipulative counter....This customer will make u happy by going up bit by bit letting u think its positive momentum but once they think its time, it will suddenly pull it down...It has been happening over the 7-8 months and the latest trending is a proof that they are playing the same trick all over again...so please guys...DONT BE FOOLED AND COME TO THIS COUNTER....I BECAME A VICTIM AND I HOPE MANY MORE DONT FOLLOW MY FOOTSTEPS...

NKLpunya

81 posts

Posted by NKLpunya > 2021-07-07 15:12 | Report Abuse

Many should have lost trust on relevent authorities to take action even there is proven fraud has taken place cos 'they' can give all sort of excuses to get out from responsibility...
Obvious recent example, musang king fiasco...!

alphajack

3,685 posts

Posted by alphajack > 2021-07-07 15:35 | Report Abuse

few secs can pull down entire queue one lol. this shark rly ganas. gilaa LOL

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-07-07 15:41 | Report Abuse

not just fierce, no face give also.
operators throw the stocks until like this will be a DEAD stock no more hope

Posted by Newbiexxxxxxxxx > 2021-07-07 15:42 | Report Abuse

Crazy don’t know why pull down so much

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-07-07 15:46 | Report Abuse

i give up, this mtronic top up again when it hits 0.02

fms016

314 posts

Posted by fms016 > 2021-07-07 15:46 | Report Abuse

For what purpose they issue private placement at 0.0065 when the price keep dropping??

dayknight

44 posts

Posted by dayknight > 2021-07-07 15:48 | Report Abuse

brutality...... no face given.

fl888

7,750 posts

Posted by fl888 > 2021-07-07 15:51 | Report Abuse

MACC & KLSE must issue UMA…..that is why Apandi was appointed ?

Apink96

21 posts

Posted by Apink96 > 2021-07-07 15:53 | Report Abuse

should i sell ^.^????

Posted by ZzstrangerzZ > 2021-07-07 15:54 | Report Abuse

now no sell later left 0.020

KSLI

630 posts

Posted by KSLI > 2021-07-07 15:55 | Report Abuse

sell

dayknight

44 posts

Posted by dayknight > 2021-07-07 16:09 | Report Abuse

sell sell sell the sky is falling

MrXYZ

146 posts

Posted by MrXYZ > 2021-07-07 16:12 | Report Abuse

Game over

Posted by whistlebower99 > 2021-07-07 16:48 | Report Abuse

Reposted from 23/6/21

Additional Listing Announcement /Subdivision of Shares
METRONIC GLOBAL BERHAD

Listing Date 23 Jun 2021

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal Private Placement of up to thirty per cent (30%) of the total number of issued shares of Metronic Global Berhad
No. of shares issued under this corporate proposal 334,760,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0463
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 2,002,855,079
Issued Share Capital ($$) Malaysian Ringgit (MYR) 183,025,168.200
===========================================================

No. of shares issued under this corporate proposal 334,760,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0463

Current price = 0.065
Profit that can be made = (0.065 - 0.0463) X 334,760,000 = RM6,260,012

===================================================
Fast easy money for selected PP investors
23/06/2021 11:43 AM

Posted by Loh Futures > 2021-07-07 16:59 | Report Abuse

buy buy...

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