MQ TECHNOLOGY BHD

KLSE (MYR): MQTECH (0070)

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Last Price

0.115

Today's Change

+0.005 (4.55%)

Day's Change

0.105 - 0.12

Trading Volume

3,207,400


17 people like this.

20,294 comment(s). Last comment by fl888 1 week ago

rasu9191

58 posts

Posted by rasu9191 > 2020-08-14 09:50 | Report Abuse

Jayjay123 , still holding ?

Posted by desperado1694 > 2020-08-14 09:58 | Report Abuse

Buy buy buy..dont sell

liverfool

556 posts

Posted by liverfool > 2020-08-14 10:01 | Report Abuse

Before for rumours mention new Inix Boss going to take over SMTrack and MQTech. This 3 companies really abang adik. These 3 clowns flying down to Holland together gather.

NeymarJr

1,119 posts

Posted by NeymarJr > 2020-08-14 10:02 | Report Abuse

forget about Glove, Healthcare and Tech counters la, all the smart money have moved and parked their funds on O&G, Financials, Casino, Palm Oil already. Russia vaccines have killed the gloves counters, Healthcare. The US trade war have killed the Technology sector.

Posted by Fundamental123 > 2020-08-14 10:03 | Report Abuse

Hi Guys,

Just imagine when all the glove counter share prices (big 4 glove counters, Comfort, Rubberex and Careplus) are dropping over vaccine, which is likely to be in market in 6 months, do you think the good glove counters will run like bull run OR THE OTHER WAY ROUND ?

MOST IMPORTANTLY, like MQTech, rubbish share that has been pushed up like crazy from RM0.02 over acquisition of glove companies where MQTech has FINANCIAL ISSUES for the acquisition hope but only has HK partner .

Delay announcement indicates what ? It is very common high risk you guys fall in love. Why, greedy and gamble hope. That Operators like these attitude

NeymarJr

1,119 posts

Posted by NeymarJr > 2020-08-14 10:03 | Report Abuse

you can argue and debate whatever you want but smart money have moved out already.

Posted by whatthehuat > 2020-08-14 10:05 | Report Abuse

finally i have cut loss .... sad

NeymarJr

1,119 posts

Posted by NeymarJr > 2020-08-14 10:06 | Report Abuse

so don't catch a falling knife dont be denial you know i am right

Posted by whatthehuat > 2020-08-14 10:06 | Report Abuse

been watching it falls from 30.5 cents ... until now @ 12.5 what a big big disappointment

jack90

278 posts

Posted by jack90 > 2020-08-14 10:07 | Report Abuse

Jacqueline keep throwing. haha.

liverfool

556 posts

Posted by liverfool > 2020-08-14 10:08 | Report Abuse

@Neymar. U so sound like banglaman now. hahahaa.
@whatthehuat What your average cost?

bluered

161 posts

Posted by bluered > 2020-08-14 10:09 | Report Abuse

sure drift below 10ct...

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-08-14 10:11 | Report Abuse

I'm buying back 12.5cts..and 12cts a few lorry

Posted by desperado1694 > 2020-08-14 10:12 | Report Abuse

BUY BUY BUY....

Posted by whatthehuat > 2020-08-14 10:14 | Report Abuse

@liverfool , around 15.7cents sad sad sad .. keep holding even when it reached 30.5cent

Posted by whatthehuat > 2020-08-14 10:14 | Report Abuse

another hard lesson learnt

Nurimran87

105 posts

Posted by Nurimran87 > 2020-08-14 10:16 | Report Abuse

Just hold la.i buy at 0.25. Perhaps history will repeat at higher side.

Reborn91

17 posts

Posted by Reborn91 > 2020-08-14 10:16 | Report Abuse

Luckily last week sell it on 0.22. Now I'm moving to BORNOIL, to mine my gigi emas.. heihei

Posted by whatthehuat > 2020-08-14 10:17 | Report Abuse

@nurimran76 sometime cut loss is a wise decision ..

liverfool

556 posts

Posted by liverfool > 2020-08-14 10:19 | Report Abuse

@whatthehuat you should sell partly to get back your capital 1st on high peak. Then let it run by itself. Then you won't stress out. Anyway, today is Friday. Don't put high hope on today.

Today losses doesn't mean you will loss till the end.

Cheers buddy!

Nurimran87

105 posts

Posted by Nurimran87 > 2020-08-14 10:20 | Report Abuse

whatthehuat im agree with you. nnti when i need the money i cut loss la..haha..Now let it be first.

Posted by desperado1694 > 2020-08-14 10:21 | Report Abuse

sell also loss....just buy more and hold it...

Posted by baekhyunnie > 2020-08-14 10:22 | Report Abuse

RIP Mqtech!

Posted by whatthehuat > 2020-08-14 10:23 | Report Abuse

@liverfool yes i should have done that earlier during the peak .. i would blame myself for this due to greediness

Thanks mate !

Posted by whatthehuat > 2020-08-14 10:25 | Report Abuse

@desperado1694 for this case I can't . Been average down @15cents ...14.5cents ... 13 cents ....

It just wont stop dropping ...

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:26 | Report Abuse

yes it's true we only can blame our own greediness for didn't sell when it reach new heights. but those ppl who make money out of conning other ppl also the money wont last long one lar .. karma :)

Posted by Fundamental123 > 2020-08-14 10:27 | Report Abuse

Hi guys,

LESSON: it is not the matter to keep or sell but it is the matter to face reality ( Vaccine news) ; DO NOT ACT AGAINST MARKET TREND; look at big 4 glove share prices that are on the drop over the vaccine news .

If this is the case, DO YOU THINK “ MQTECH performance is better than the big 4 glove counters ?


When market is on bad trend, most of counters share prices used tI be pushed up like crazy will suffer as well.

Ideally, keep your money first and monitor good counters ( REAL glove counters) dropping significantly for rebound
Or fundamental oil and gas counter after coming Q results.

Hope my 2 cents ideal is helpful for your reference.

NeymarJr

1,119 posts

Posted by NeymarJr > 2020-08-14 10:28 | Report Abuse

cut-loss is also a tool in stock trading, you must use it to protect your capital

thinkfirst

3,146 posts

Posted by thinkfirst > 2020-08-14 10:28 | Report Abuse

no one smart just keep silent they share also burn out, red sea everyday now.

Posted by desperado1694 > 2020-08-14 10:29 | Report Abuse

whatthehuat , bro i entered at wrong price, wrong time. but what to do....the analysis showed it will continued to goes up but unfortunately it is the other way round....

Kasik0rn

156 posts

Posted by Kasik0rn > 2020-08-14 10:34 | Report Abuse

i'm still waiting at the sideline to re-enter but now is not the right time yet

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-08-14 10:34 | Report Abuse

11.5cts bought.. 1M unit

Posted by whatthehuat > 2020-08-14 10:35 | Report Abuse

@desperado1694 bro trust me .. better cut loss now although it's difficult

it's now 11.5 cents .. its now or never

we can always find a better counter in the future .. the market now is so volatile ..

Posted by whatthehuat > 2020-08-14 10:36 | Report Abuse

i am one of the supporter for mqtech and believed on the acquisition on gloves factories ..

LESSON: never fall in love with your stock

Posted by desperado1694 > 2020-08-14 10:39 | Report Abuse

Whatthehuat tq for the advice

zacklee95

232 posts

Posted by zacklee95 > 2020-08-14 10:39 | Report Abuse

will cont. downtrending..announcement delay ma...

Jayjay123

633 posts

Posted by Jayjay123 > 2020-08-14 10:41 | Report Abuse

Drop so much already still ask pipul to cl.. too late, now is shopping time. Be fearful when others are greedy, and greedy when others are fearful

Posted by Fundamental123 > 2020-08-14 10:42 | Report Abuse

Hi guys,

LESSON: it is not the matter to keep or sell BUT it is the matter to FACE REALITY ( Vaccine news) ; DO NOT ACT AGAINST MARKET TREND; look at big 4 glove share prices that are on the drop over the vaccine news .

If this is the case, DO YOU THINK “ MQTECH performance is better than the big 4 glove counters ?


When market is on bad trend, most of counters share prices used tI be pushed up like crazy will suffer as well.

Ideally, keep your money first and monitor good counters ( REAL glove counters) dropping significantly for rebound
Or fundamental oil and gas counter after coming Q results.

Hope my 2 cents ideal is helpful for your reference.

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:42 | Report Abuse

@whatthehuat don't think the acquisition is happening dude ..

Posted by whatthehuat > 2020-08-14 10:43 | Report Abuse

the market is so volatile at the moment ...never catch a falling knife ..

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:45 | Report Abuse

so much panic selling until RHB app pun sudah hang. adoi

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-08-14 10:46 | Report Abuse

Sold all 12cts..no more announcements.. PLZ BEWARE

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:47 | Report Abuse

will drop until what price ?

nicholas99

9,916 posts

Posted by nicholas99 > 2020-08-14 10:47 | Report Abuse

its too long overdue.. just beware. they might bail out because of gloves counter dropping.

Tripaka

2,961 posts

Posted by Tripaka > 2020-08-14 10:48 | Report Abuse

Terrible drop from 30 till now... Lol.

Posted by whatthehuat > 2020-08-14 10:49 | Report Abuse

i think it will dropped below 10cents today ...

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:49 | Report Abuse

i read back the news on this supposedly acquisition, they supposed to announce 1-2 weeks after that , which is supposed to be early august. now already mid .. doesn't look good.

Ironman29

13 posts

Posted by Ironman29 > 2020-08-14 10:50 | Report Abuse

I bought at 0.09. Should i cut loss?

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:51 | Report Abuse

i sold half to minimise my exposure. 0.09 where got loss?

Exiled

67 posts

Posted by Exiled > 2020-08-14 10:52 | Report Abuse

i believe whatever that goes down must come up .. eventually. lol

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