Last time Metronic price was affected and stagnant at 4 or 5 sen by legal matters initiated by LKY who at that time a substantial shareholder and may be his gangs.. He has disposed most of his shareholding and his court case seems to be less effective or he may withdraw the case. Pang seems to be the only major shareholder who may have acquired near to 50% and may automatically trigger mandatory offer to buy the rest of the shares... How would that effect the share price?
By looking Sanichi graph, on 1st Jume Sanichi prices was 12 cents high but now 0.055 cents low.
If Sanichi once upon a time was higher than once went down it never rebound as expected. Then, it would goes to METRONIC as well because the CAPTAIN is same which is PANG..... Look as well MNC, MTOUCHE then pattern is same..... The price is low most of the time until now. If the CAPTAIN is the same guy definitely he would drive the ship following the path that familiar to him...... Anyway like always MAGIC CAN HAPPEN.... Hope so lorrr...
@Ppmaster Trader press down the price so fast no time for you to think cut or not cut lose, i think many people still not cut lose so lose alot of money 16/10/2020 4:36 PM
I'm safe because know trade for speculative purpore. You know need to cut lose when down.
I bot Frontkn at 0.17 end of 2016. Its price went up to highest closing at 0.41 on 4/8/2017. It opened high next trading day but suddenly big boys dumping like crazy. I decided to sell at 0.36 avrg. I thought I was smart then cos the price went down as low as 0.275 and closed at 0.33. It was more than 100% earn. 2 months later the price exceeded 0.41 and eventually reach 3.70 now. As I mentioned earlier, this is a long term investment, hold for 6-18 months. I will add more if earn from other counters.
i agree with u moneykj...Many glove company also start from penny.....we dont look into the past...the matter is the future...hold if u believe...run if u lost faith....no one can force u....
Apparently they disposing theirs shares and in loss. Why they disposed it at loss and who take up their shares actually? Is it part of the game? Only insider knows.....
If you read back the announcement, Cita realiti did dispose big chunk of shares in March, and bought back from June onwards. Tan Sri LKY disposed his abt 30% shares holding on 22/9 & 24/9 respectively. LKY bought around 7.5 to 8 sen and above. He sold all his shares in the open market above 8 sen if you studied the two days market price. Who is buying all the shares? Definitely is Pang, Pang company andthe gangs. Do you think they want to press further down to 0.05 -0.06 and allow others to collect? I don’t know the reasons they pressed down the shares so drastically. It is a bit abnormal. Anyone can explain? I believe they sold at a loss !
Why Pang and the gang want to dispose the shares and on the other hand compete with Tan Sri LKY for the controlling stakes? Does it sound contradicting? I don’t know the corporate games. One things for sure, it is quite different from Sanichi , MNC, I suspect something is brewing Mtronic is a cash rich company. For those who have already loss, just hold on and observe for sometime. My view might not be right.
I studied Sanichi movement. Yes. It is quite similar to Mtronic. Cita realiti built its shares holdings to abt 24% and pushed up the price to 11.5 sen in June then dumped the price to around 6 to 6.5 sen. It’s shares holding reduced to abt 7 % now. Maybe Cita realiti will reduce further its shareholding of 11% to 7% in Mtronic. Let us monitoring Pang counters, if Sanichi, MNC plays the same tricks again, hopefully all investors be alert. Same old tricks can keep repeating but feel sad for the genuine small investors. Be careful with your hard earned money. Just hoping Pang and its gang don’t repeat the same tricks
I don’t think the price will go below 5cent. But for sure will consolidate for sometime. They got good project in hand. But the share price is undervalue at the moment. Read their report they have 58M at fixed deposit. It’s not 5.8M is 58M
@moneykj When price slump, sure there are ppl come n talk 3 talk 4. If they are good enough, why didn't issue sell call at 0.12 before the price fall? 17/10/2020 2:54 PM
EngCCCC @Ppmaster Trader press down the price so fast no time for you to think cut or not cut lose, i think many people still not cut lose so lose alot of money 16/10/2020 4:36 PM
I'm safe because know trade for speculative purpore. You know need to cut lose when down. 17/10/2020 2:02 PM
Why this guy so mad. You are god right. Stay high condo is very proud?
Go n check why Dataprp dropped the price to 0.155 before make massive hike. I bot at 0.20 2 months ago. No problem for me they want to make it lower. I know Tan Sri will easily make it double.
Hope Dataprp and Eastland can hit my tp tis month. Gains goes to Mtronic, initial capital to next counter, more exciting short term counter estimate to start early next month.
The intended principal activities of MMSB, as follows:-
(a) To distribute medical related products such as whole body disinfectant system, Covid-19 swab test kit, Covid-19 first aids box, and AI temperature measure system; and
(b) To venture into any other medical related business through partnerships and collaborations.
Hope...they venture into glove hahahah....then rockettttt
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Posted by Ppmaster > 2020-10-16 23:28 | Report Abuse
Sammy, people not interested who control the game, people just want the price movement in advance. Am i right? Haha