METRONIC GLOBAL BHD

KLSE (MYR): MTRONIC (0043)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.015

Trading Volume

4,000


13 people like this.

12,042 comment(s). Last comment by sunsetbiz 3 weeks ago

Posted by sapdresmen > 2022-05-27 12:48 | Report Abuse

only worth 4c

sunsetbiz

739 posts

Posted by sunsetbiz > 2022-05-27 15:54 | Report Abuse

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

Legend

4,119 posts

Posted by Legend > 2022-05-28 13:42 | Report Abuse

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

winston1

521 posts

Posted by winston1 > 2022-05-28 23:56 | Report Abuse

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

mansaham1972

1,197 posts

Posted by mansaham1972 > 2022-05-30 10:21 | Report Abuse

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

mansaham1972

1,197 posts

Posted by mansaham1972 > 2022-05-30 11:13 | 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

637 posts

Posted by su1801 > 2022-05-31 16:08 | Report Abuse

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

su1801

637 posts

Posted by su1801 > 2022-06-01 17:12 | Report Abuse

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

su1801

637 posts

Posted by su1801 > 2022-06-01 17:14 | Report Abuse

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

.

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-07 02:06 | Report Abuse

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

Citadel12

1,045 posts

Posted by Citadel12 > 2022-06-08 17:49 |

Post removed.Why?

fl888

7,525 posts

Posted by fl888 > 2022-06-09 09:11 | 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 Beginner27 > 2022-06-09 16:58 | Report Abuse

Is it worthy to subscribe Right Issue@ 6 sen?

ajime17

74 posts

Posted by ajime17 > 2022-06-13 11:45 | Report Abuse

why don't subscribe but got OR suddenly

winston1

521 posts

Posted by winston1 > 2022-06-13 21:53 | Report Abuse

OR can either be subcribed or sold in market

Posted by PennyStock123 > 2022-06-15 15:43 | Report Abuse

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

su1801

637 posts

Posted by su1801 > 2022-06-15 16:27 | Report Abuse

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

su1801

637 posts

Posted by su1801 > 2022-06-15 16:28 | Report Abuse

You really can understand the Bursa movement and the cheat company

Posted by PennyStock123 > 2022-06-16 16:35 | Report Abuse

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

Posted by PennyStock123 > 2022-06-16 16:36 | Report Abuse

i just checked with Maybank Trade....

Posted by whistlebower99 > 2022-06-16 18:45 | 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 > 2022-06-17 16:12 | 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 > 2022-06-20 09:01 | Report Abuse

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

Posted by PennyStock123 > 2022-06-20 09:28 | Report Abuse

last chance...

ajime17

74 posts

Posted by ajime17 > 2022-06-22 10:36 | Report Abuse

mtronic mahu ke mana

AlfI3

1,249 posts

Posted by AlfI3 > 2022-06-28 21:19 | Report Abuse

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

Posted by whistlebower99 > 2022-06-30 11:11 | 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 > 2022-06-30 11:18 | 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 > 2022-07-05 22:34 | Report Abuse

FOR NEWBIES

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/3576383

Total valid acceptances 216,578,100 16.65
Total valid excess applications 1,082,984,631 83.23
Total valid acceptances and excess applications 1,299,562,731 99.88
Total Rights Shares available for subscription 1,301,147,514 100.00
Not subscribed for 1,584,783 0.12

============
As expected, retail shareholders not willing to fork out more money to Directors fund raising rights issue exercise.

Most of the excess application are likely taken up by operators, directors, friendly penny stock companies to ensure success of the fund raising exercise.

Watch the price movement from now and after the listing date. Operators and major excess rights subscribers will attempt to dispose their shares to the market above the rights issue price of 0.06 to move their fund out.
Expect price to move by right hand and left transactions.
Retailers trading in the stock, have to be careful not to be caught at high price.

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

Posted by whistlebower99 > 2022-07-06 11:47 | Report Abuse

FOR NEWBIES

Beware of right hand, left hand pushing the price to attract newcomers.

With less retailer participation, price likely to drop below rights issue price of 0.06 similar to other low price loss making penny stocks like pasukgb, pdz, kanger, fast, sanichi, many more

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

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

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2022-07-08 11:30 | Report Abuse

Sell mtronic at 9 cents.its a dead cat bounce.
8/7/2022 11.30am.

AlfI3

1,249 posts

Posted by AlfI3 > 2022-07-08 16:20 | Report Abuse

@Michael Kwok, sir v hav no tikets, how to sell?

I guess u r the major shareholder rite?.

Posted by wallstreetrookie > 2022-07-11 00:41 | Report Abuse

Why is no one talking about this stock?

Posted by wallstreetrookie > 2022-07-12 09:02 | Report Abuse

Let’s go?

Posted by wallstreetrookie > 2022-07-12 09:02 | Report Abuse

Pump it up

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-07-12 09:04 | Report Abuse

apa jadi?

Posted by wallstreetrookie > 2022-07-12 09:05 | Report Abuse

This is insane

Posted by wallstreetrookie > 2022-07-12 09:05 | Report Abuse

100% profit yummy

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:06 | Report Abuse

apakah ?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-07-12 09:07 | Report Abuse

someone gonna get fired today for putting wrong price + amount lol

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:09 | Report Abuse

sapa terbeli dekat 0.300

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:10 | Report Abuse

0.150 rebound

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:11 | Report Abuse

bankrup ?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-07-12 09:12 | Report Abuse

betul betul see who watching if not... cannot escape lol

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:13 | Report Abuse

0.135 support

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:13 | Report Abuse

rebound

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:13 | Report Abuse

0.140 rebound

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:15 | Report Abuse

0.090 - 0.125 banyak volume buy masuk masa opening

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:16 | Report Abuse

vwap 0.1468

imvu

7,888 posts

Posted by imvu > 2022-07-12 09:18 | Report Abuse

dump dom dump ?

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