MQ TECHNOLOGY BHD

KLSE (MYR): MQTECH (0070)

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Last Price

0.11

Today's Change

+0.01 (10.00%)

Day's Change

0.095 - 0.11

Trading Volume

4,177,100


17 people like this.

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

Al Chapo

120 posts

Posted by Al Chapo > 2020-08-19 13:07 | Report Abuse

The announcement by MQTech:

(ii) to allow a longer timeframme for the potential seller to revert on its interest or otherwise.

+

Semperit announcement to delay the sale of Latexx business

= Likely No GO.

nicholas99

9,914 posts

Posted by nicholas99 > 2020-08-19 13:09 | Report Abuse

Mqtech only extend by 1 month. unlikely to pull off. except there are other candidate?

liverfool

556 posts

Posted by liverfool > 2020-08-19 13:15 | Report Abuse

Let see what happen on 15th Sept. Just ride the news first and gain the max profit out of the news. hehehe

Boringguy

1,090 posts

Posted by Boringguy > 2020-08-19 13:24 | Report Abuse

yup let see how..another stock to monitor is mtouche,,,,the pp 30% to third party get approver.... wonder who is the party hahaa

liverfool

556 posts

Posted by liverfool > 2020-08-19 13:40 | Report Abuse

@Boringguy i also got park a bit at mtouche. kena pray kuat kuat. hahahahaaa

Boringguy

1,090 posts

Posted by Boringguy > 2020-08-19 13:50 | Report Abuse

@liverfool yeahh let pray gao gao see afternoon got show or not ... my price at 0.07 waiting the pp and test kit approval haha... now pp already approve who will be new shareholder.... and now waiting test kit...

liverfool

556 posts

Posted by liverfool > 2020-08-19 13:58 | Report Abuse

@Boringguy ur mtouche cost at 0.07? ok lar. steady bom pi pi one. my cost at 0.085. Risky. Hopefully our HOPE on penny stocks kena jackpot. kena goreng news gao gao so I can goreng my boss liao.

hahahahaaa

zhm540

2,491 posts

Posted by zhm540 > 2020-08-19 14:16 | Report Abuse

Regardless of semperit or not... Mqtech has the future in digital having built its business around semiconductors and digital is what everyone is talking about now....so invest now for future...

Djnxy222

81 posts

Posted by Djnxy222 > 2020-08-19 14:39 | Report Abuse

I also buy cause of semi conductor. It seems like on demand now.

xoxo_69

2 posts

Posted by xoxo_69 > 2020-08-19 15:34 | Report Abuse

4.20 showtime

Al Chapo

120 posts

Posted by Al Chapo > 2020-08-19 15:37 | Report Abuse

Show is over?

Posted by UncleGoogle > 2020-08-19 15:56 | Report Abuse

hallo hallo...

Posted by UncleGoogle > 2020-08-19 15:57 | Report Abuse

remember me? u all still hold this stock? lolz

Posted by UncleGoogle > 2020-08-19 15:58 | Report Abuse

i miss niamah jr so much lor..

DonLee

503 posts

Posted by DonLee > 2020-08-19 15:58 | Report Abuse

ini hali tak ada show. tengok pun sleepy

cnnboy

1,181 posts

Posted by cnnboy > 2020-08-19 16:06 | Report Abuse

need u to go to toilet first then price wl go up kahkahkah

DonLee

503 posts

Posted by DonLee > 2020-08-19 16:10 | Report Abuse

okok

DonLee

503 posts

Posted by DonLee > 2020-08-19 16:21 | Report Abuse

wah drop drop drop

Djnxy222

81 posts

Posted by Djnxy222 > 2020-08-19 16:44 | Report Abuse

Haha holiday mood cause long weekend , Friday sure slow . WAit next week

Posted by whatthehuat > 2020-08-19 17:57 | Report Abuse

keep dragging ......

menort

1,006 posts

Posted by menort > 2020-08-19 20:57 | Report Abuse

Tonite find movie name "Wolf of Wall Street". You can see Mqtech pattern in that movie.

Posted by Batman_Return > 2020-08-19 21:40 | Report Abuse

Run

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-19 23:13 | Report Abuse

bloddy MQTech.....really flogging a dead horse.

Posted by Batman_Return > 2020-08-20 09:23 | Report Abuse

Run

cK1973

1,965 posts

Posted by cK1973 > 2020-08-20 10:17 | Report Abuse

Looking at the passed few days, this stock was traded w volumes exceeding 100mil. Hope some important announcement wil be made soon to silence the unnecessary criticism.
Hope the JV n etc wil come to realisation in due course.
Happy Awal Muharram n hv a good resting day ...

cK1973

1,965 posts

Posted by cK1973 > 2020-08-20 10:23 | Report Abuse

For this stock to go higher than 20sen, it needs to be well supported at 15sen.
Next week is important n to gauge the potential of this stock. The price wil reflect the actions taken by the new mgmt.
This counter is in tech as well beside the news on their new venture into gloves.
Potentially they wil be benefited from both plays.

vitagen

60 posts

Posted by vitagen > 2020-08-20 12:23 | Report Abuse

Qr today out right? MQ

Al Chapo

120 posts

Posted by Al Chapo > 2020-08-20 15:02 | Report Abuse

Below are the latest announcements by both parties (copied & pasted):

a) MQ Tech to allow a longer timeframme for the potential seller to revert on its interest or otherwise.

b) Semperit to delay the sale of Latexx business.

Both announcements are pinpointing to the possibility of NO GO to the deal. Trade with care.

x3sphere

510 posts

Posted by x3sphere > 2020-08-20 15:44 | Report Abuse

Latest my arse

liverfool

556 posts

Posted by liverfool > 2020-08-20 15:51 | Report Abuse

@x3sphere lol. Jangan marah marah lar. kasi chance cikit. hehehehe

luckaje

536 posts

Posted by luckaje > 2020-08-20 16:40 | Report Abuse

Vienna – Semperit AG will go ahead with plans to sell its rubber gloves production business, Sempermed, despite a boost in segment sales and profits in the first half of 2020.

In its results statement 14 Aug, Semperit said it considered the positive effects of the global Covid-19 pandemic on the business to be of “limited sustainability.”

Therefore, it said, the strategic decision to separate the unit and focus on the industrial rubber business in the future is still valid.

The separation, however, will be delayed, in view of the ongoing Covid pandemic and rising demand.


Sempermed lifted Semperit’s earnings and profitability significantly during the first half of 2020, despite declines in the Austrian group’s industrial sector.

Group earnings (EBITDA) increased 47.2% year-on-year to €57.6 million, helped by a boom in the medical segment. Earnings margin was up from 9.0% to 13.7% during the first six months of the year.

Semperit delayed a decision to separate its medical business in order to focus on gloves supply security in Austria in June.

Earlier in January, the Austrian group had disclosed plans to divest its Sempermed gloves making unit, as part of a strategy to focus on the industrial segment.

With two gloves production facilities in Wimpassing, Austria; and Kamunting in Malaysia, Sempermed registered sales of €88 million and earnings of €23.0 million in the first half of 2020.

In addition, the unit has a packaging production plant in Sopron, Hungary and a gloves mould manufacturing site in Nilai, Malaysia.

menort

1,006 posts

Posted by menort > 2020-08-21 06:50 | Report Abuse

Remember once Mqtech move up better sell it fast and move to better glove counter which are Rm1 and above.

Make sure the company are profit every year. Dont put money on loss making penny stock company.

The safest of glove stock are big 4 glove and profit making Rm1 and above glove counter.

Up_again

949 posts

Posted by Up_again > 2020-08-21 07:43 | Report Abuse

True, same case for Inix, those stuck at higher price. If goes up better switch

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-21 09:48 | Report Abuse

queing to buy at 0.14cent
if it not going to go up....will que everyday at 0.14cent or less....hahaha

MQtech....just bloody move up to 0.20 cents lo.

menort

1,006 posts

Posted by menort > 2020-08-21 10:05 | Report Abuse

Remember to be safe always invest money on Profit Making glove counter.

Loss making penny stock will always have syndicate that make fake volume and eat your money fast.

Profit making glove counter currently are Topglove, Supermax, Kossan, Harta, Comfort, Rubberex, Careplus and HLT.

liverfool

556 posts

Posted by liverfool > 2020-08-21 11:27 | Report Abuse

Today not much volume. Need to see on second half. Probably not much to see today.

jwyap

838 posts

Posted by jwyap > 2020-08-21 11:54 | Report Abuse

collecting now, and push up afternoon

Blackcow

21 posts

Posted by Blackcow > 2020-08-21 14:49 | Report Abuse

lets watch carefully, how many times operators trapped ikan bilis this past few weeks.. Fri usually is profit taking day

cnnboy

1,181 posts

Posted by cnnboy > 2020-08-21 15:45 | Report Abuse

Collect now for nxt week

DonLee

503 posts

Posted by DonLee > 2020-08-21 16:03 | Report Abuse

no power today

Posted by Newbie Here > 2020-08-21 16:16 | Report Abuse

Today alot went for holiday. 4 days of holiday. Let's see what happen on next week

liverfool

556 posts

Posted by liverfool > 2020-08-21 16:26 | Report Abuse

0093 can up limit with just a MOU today. here still wait ar wait ar wait ar wait ar.

izoklse

5,272 posts

Posted by izoklse > 2020-08-21 16:51 | Report Abuse

relax la. everyone in holiday la. im also at kampung ma. 4 days holiday. Next week baru masuk.

cnnboy

1,181 posts

Posted by cnnboy > 2020-08-21 16:58 | Report Abuse

Sapu 16.5 today. Shopping time

stock39

22 posts

Posted by stock39 > 2020-08-21 17:41 | Report Abuse

Gerald Nicolas redesignate to Non Indie and Non Exec director today. We want other news

x3sphere

510 posts

Posted by x3sphere > 2020-08-21 17:51 | Report Abuse

Wait 15/9 sure got news. Haha

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-08-21 18:12 | Report Abuse

15/9 Already touch bottom..deal off due to demand decreased and plan others Mou for Vaccine Covid-19

cK1973

1,965 posts

Posted by cK1973 > 2020-08-21 18:18 | Report Abuse

Today closing at 16.5sen is a very good closing. This counter the volume is not much. To move above 20sen will happen soon.
The direction of the company is still not clear as all the announcements are not conclusive.
Hopefully next week, we will have some good news.

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