MQ TECHNOLOGY BHD

KLSE (MYR): MQTECH (0070)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.01 - 0.015

Trading Volume

211,100


17 people like this.

20,231 comment(s). Last comment by Faiza 1 day ago

Vicky

1,396 posts

Posted by Vicky > 2 months ago | Report Abuse

Share consolidation, issuance of right issues and warrants are just temporary to hold company breath. Poor performance company will slip into PN17 and delisted. Survival of the fittest for each quarterly and yearly performance or go bust to erase the company name from Bursa Malaysia !

cK1973

1,833 posts

Posted by cK1973 > 2 months ago | Report Abuse

waiting at 1c....
road block ka.....

cK1973

1,833 posts

Posted by cK1973 > 2 months ago | Report Abuse

still waiting at 1c....
mesti sampai....

cK1973

1,833 posts

Posted by cK1973 > 2 months ago | Report Abuse

roadblock at 1c...
looks like market maker is forcing at 1.5c range....
upper baise looks possible...
perhaps 3-4c range in mid-term duration.....
stay tune guys....

Posted by Miguel_Felix > 2 months ago | Report Abuse

shooting up soon, laggard tech stock

Winner38

479 posts

Posted by Winner38 > 2 months ago | Report Abuse

*testing 015

mf

28,171 posts

Posted by mf > 2 months ago | Report Abuse

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cK1973

1,833 posts

Posted by cK1973 > 2 months ago | Report Abuse

this counter needs time....
market maker is controlling at the range of 1.5c....
now everyone is talking about data centres.....
MQ Tech ???

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

still controlling at 0.015.....
slow and steady....
stay tune guys...

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

still in the range of 1.5c...
cannot go below 1c ka?

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

operator still control at 1.5c...
no choice have to wait for it to drop to 1c....

Posted by whistlebower99 > 1 month ago |

Post removed.Why?

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

still waiting at 1c......

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

cannot get at 1c.....
but will still waiting at 1c....
stay tune guys....

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

Regardless rain or shine, up or down the market no significant move of this stock unless share consolidation due to huge queing. Share consolidation provide an opportunity for investors to play the wave, reduce corporation debts and another chance for stocks to rise again.

Posted by Lee Ying Yee > 1 month ago | Report Abuse

pp esos pp and the end consolidation ?? 1. xox 2. mqtech 3. ????

DeltaPeng

11 posts

Posted by DeltaPeng > 1 month ago | Report Abuse

share consolidation coming.....then issuance of bonds, check background of this Triton capital, most of their profile are very problematic co. , jaks, ahb , knm etc, the fund manager are either super far sighted or something fishy there.....

Posted by whistlebower99 > 1 month ago |

Post removed.Why?

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

After share consolidation then the stocks are more liquid and tradeable just like Technax.

Posted by whistlebower99 > 1 month ago | Report Abuse

After share consolidation, directors can start fund raising again via shares issuance to PP, ESOS or RI to increase NOSH to multi billion shares. Then repeat the process by doing shares consolidation again.

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

MQ TECH is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 7 June 2024.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Posted by whistlebower99 > 1 month ago | Report Abuse

What could be the reason i3investor admin deleted above posting?
Is it against any rules and regulations to post factual information?

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

still waiting at 1c.....
stay tune guys....

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

Closing at 1c.....
But can't get any tickets.......
Lock ka???

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

One day before share consolidation ikan billis will sell off then can get 1c or even 0.5c Buy more ya...

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

The rise of data center requires millions of hard drive. So why Mqtech the hard drive manufacturer did not seize this opportunity ?

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

Dato' Nurul need to wake up Mqtech as semi con is booming in Malaysia.

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

Mqtech should be rallying by now as tech counter is shootting up with google data centers

Wan Nee

233 posts

Posted by Wan Nee > 1 month ago | Report Abuse

change director...useless dato nurul

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

still at 1.5c.....
no chance at all to buy at 1c......
consolidation ka????

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

This is the reason why consolidation must be implemented asap. High queing for penny stock is illiquid. All jammed at 1c and 1.5c. As a results price not moving at all. Pray that Dato' will do consolidation asap then price will move up and down like a pro.

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

let's see how soon this can be done....
at 1-1.5c due to heavy volumes......
it's better to reduce the volumes and make the price more attractive....

cK1973

1,833 posts

Posted by cK1973 > 1 month ago | Report Abuse

still 1.5c....
control...control.....

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

Forget about selling &buying. Wait for share consolidation 1:10. Then will be 15 cents..

Vicky

1,396 posts

Posted by Vicky > 1 month ago | Report Abuse

Unless Mqtech has a good initiative in today's digitalisation like Notion, JCY, K1, SNS. Apparently the company did not announce any company initiatives to spike the company shares up !

cK1973

1,833 posts

Posted by cK1973 > 3 weeks ago | Report Abuse

everyday, there is a hope....
recent years, this counter has not done any major business venturing....
no doubt it's a IT base company and can be related to DC....
unfortunately they did not initiate anything at the moment....

cK1973

1,833 posts

Posted by cK1973 > 3 weeks ago | Report Abuse

we had seen them venturing into gloves during the C19 pandemic....
almost done the deal with latexx but unfortunately nothing concrete happened....
perhaps this round they dare not declare anything...
cause might see another failure in their business undertaking....
so I would say and surmise that this company at the moment is heeding nowhere.....
so it's more of a pure speculating counter for traders .....

cK1973

1,833 posts

Posted by cK1973 > 3 weeks ago | Report Abuse

most companies who have initiated the DC....
you can see the prices all move above 40 (some came down after touching 40)....
that's the trend at the moment....
so this company is definitely not into DC......
we have to move on and don't stay too long here....

Vicky

1,396 posts

Posted by Vicky > 2 weeks ago | Report Abuse

I think there are some resignations from the senior management recently. The GM did not perform and get sacked. New management will focus on the new trend of investment.

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.

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

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - HM, MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Retail investors trapped at high price incurred huge losses caused by share consolidation

Faiza

628 posts

Posted by Faiza > 3 days ago | Report Abuse

siapa cepat dia dpt 1 ct

Faiza

628 posts

Posted by Faiza > 3 days ago | Report Abuse

force selling?

Wan Nee

233 posts

Posted by Wan Nee > 3 days ago | Report Abuse

high vol ..what happen?

Posted by Mohd Qadri Abdul Rani > 3 days ago | Report Abuse

Rumours??

cK1973

1,833 posts

Posted by cK1973 > 3 days ago | Report Abuse

consolidation is imminent.....
only way for the price to go up in the future...
nosh 1.6bil is too huge at the moment....
wait till consolidation process takes place...
perhaps might be like MMAG and sudden surge high....
no one knows cause it's penny stock aka gambling counter ma....

Posted by whistlebower99 > 3 days ago | Report Abuse

FOR NEWBIES

MQ TECHNOLOGY BERHAD ("MQ TECH" OR "COMPANY")

(I) PROPOSED SHARE CAPITAL REDUCTION;

(II) PROPOSED SHARE CONSOLIDATION; AND

(III) PROPOSED ISSUANCE OF BONDS

(COLLECTIVELY REFERRED TO AS "PROPOSALS")
We refer to the announcement made on 7 June 2024 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of the Board, Mercury Securities wishes to announce that the application in respect of the Proposals has been submitted to Bursa Securities on 10 June 2024.

This announcement is dated 10 June 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3454849

https://www.klsescreener.com/v2/stocks/view/0070/mq-technology-berhad

Check P/L

=============
Be reminded of impending share consolidation exercise proposed by directors

Vicky

1,396 posts

Posted by Vicky > 2 days ago | Report Abuse

Wait until cow come home and l am still waiting for share consolidation so that Mqtech is tradeable. Company income gaining traction is a good sign. Bear in mind Mqtech core business complement data center business and will realise the benefits when Malaysia data center in full swing !

cK1973

1,833 posts

Posted by cK1973 > 1 day ago | Report Abuse

have to wait....
hopefully is soon....
10 to 1??

Faiza

628 posts

Posted by Faiza > 1 day ago | Report Abuse

after consol, capital down to 160M
50 to 70, np

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