@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...
@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.
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...
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 ...
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.
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.
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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Al Chapo
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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.