Posted by XiaoMingRe > 2020-08-21 21:01 | Report Abuse

Monday 1.40pm announcement chg board of director? Haha

Posted by asianmarket > 2020-08-21 21:21 | Report Abuse

announcement of new director shall be made next week..

Posted by cnnboy > 2020-08-21 22:16 | Report Abuse

line clear for new team

Posted by shamsulyusoff > 2020-08-22 09:57 | Report Abuse

Something MQTECH+XOX...
Stay tune...Good Luck

Posted by HamsterHuat > 2020-08-22 11:21 | Report Abuse

adiooo
MQTech...what happen?

Posted by Newbrawler > 2020-08-22 11:30 | Report Abuse

@yusoff, "good luck" mean not a good news?

Posted by cK1973 > 2020-08-22 11:56 | Report Abuse

Currently we see a lot of companies start to re-structure and revamp and make it more "attractive" in terms of marketing their companies to new share holders including retailers.
So making a good news or announcement will determine the direction of the company.
Most of us knew that maybe is just an announcement to induce (wouldn't want to say to trap) traders to buy into their companies.
We must also understand that maybe it is true but I believe some companies might want to turn things around and make their companies to grow in the future.
Unless the new BOD is also the "same kind" as many had experienced before and not just in this counter.
Just keep our fingers cross and see whether any proclaimed announcements will be made soon or not.
Otherwise, yours guessing is as good as mine guessing....

Posted by DreamKaiser > 2020-08-22 12:08 | Report Abuse

waah

Posted by DreamKaiser > 2020-08-22 12:08 | Report Abuse

up 3.13%

Posted by DreamKaiser > 2020-08-22 12:08 | Report Abuse

okay juga la

Posted by DreamKaiser > 2020-08-22 12:09 | Report Abuse

boleh juga la

Posted by menort > 2020-08-22 13:11 | Report Abuse

Watch Wolf of Wall Street and can see pattern about Mqtech.

Remember faster get your money back from Mqtech and invest only on profit making glove counter.

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

Posted by HamsterHuat > 2020-08-22 15:38 | Report Abuse

Damn....if still not going up....going to cut losses and all in in Glove....

Posted by asianmarket > 2020-08-23 01:28 | Report Abuse

macao taikor is coming to town... pls stay tune ;)

Posted by BearishTrend > 2020-08-23 11:23 | Report Abuse

Buy b4 too late

Posted by RedEagle > 2020-08-23 13:39 | Report Abuse

Jack Ma once said, 'When Selling to close friends and family, no matter how much you're selling to them, they will always feel you're earning their money, no matter how cheap you sell to them, they still wouldn't appreciate it.'
There will always be people who do not care about your Costs, Time, Effort, they rather let other people cheat them, allowing others to earn, then supporting someone they know. Cause in their heart, they will always be thinking, 'How much did he earn from me?' instead of "How much did he SAVE/MAKE for me?"This is a classic example of a poor person's mentality!

Jack Ma on Sales: 'When doing Sales, the first people who will trust you will be Strangers, Friends will be shielding against you, fair-weather friends will distance from you. Family will look down upon you.'

The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realised: Everyone else is present except the Strangers.

Posted by Vitamin > 2020-08-23 23:01 | Report Abuse

limit up, new ED from Hong Kong?

Posted by Wikipedia > 2020-08-24 02:02 | Report Abuse

If you follow read my previous post as below.

Based on the current announcement, we are knowing that they

1. Have intention to take over Latexx but the term and condition yet to discuss.
2. Have join venture with JV Resources International Ltd to acquire glove company and JV currently exporting 350 metric tonnes of rubber glove to EU market alone for the past few months ago and they getting the supply from the local glove manufacturer.
2. Have intention to acquire 4 glove companies which under negotiation and the other one is Nitrile glove factory company.
3. Have negotiated with the Nitrile glove factory at the advanced stage and few local banks have strong interest to participate the acquisition exercise.
5. Their director, Gerald Nicholas Tan Eng Hoe holding 6.38% or 49M share have intention to deal the securities of the company during close period. ( Probably dispose or acquire).


New updates as below.

6. MQTech announce that they need longer time frame for their potential seller to let go their business unit or maybe extend time further needed.
7. Gerald Nicholas Tan Eng Hoe disposed 30M shares. Balance 19M shares and changed is from Executive director to Non Independent Director.


From this news, I predict that new investor coming to join the group and new Executive director will be appointed soon and join the BOD. I think is JD Resources founder, Dato’ Seri Damien Chua Wei Kee (or maybe not him). I wonder why MQTech took very long time to announce it.


From my research on Semperit Group, they still proceed their plan to separate SemperMed from their group as foresee this is a short term growth due to the Covid 19 pandemic. For all previous years, SemperMed contributed high revenue but lost in profit. For SemperMed Q1 results, it has increased 6M compared YoY Q1 and EBITA (Earning Before Interest, Taxes, Depreciation and Amortization) is 4.8M Euro. For Q2, EBITa jump to 18.2M Euro. The profit high probably due to book order increased and product price increased. Also contributed by the raw material Butadiene (petroleum product) price drop almost near 0 and going back up to at price near 50 Euro/barrel at begining Q3. In this case, I foresee the EBITA might fall for Q3 result in 3 months time if the raw material price increase higher. If the Q3 EBITA result fall in huge significant, I think they will separate it from the group.

https://www.semperitgroup.com/investor-relations/Investor_Presentation_Q1_2020_FINAL.pdf

https://www.semperitgroup.com/investor-relations/Investor_Presentation_Q2_2020_4.pdf


SemperMed have company in Malaysia as below

Latexx Partners Bhd , Kamunting,Perak.
Latexx Manpower Services Sdn Bhd
Latexx Manufacturing Sdn Bhd
Medtex Manufacturing Sdn Bhd
Total Glove Manufacturing Sdn Bhd
Semperit Engineering Technology Asia Sdn Bhd , Penang
FormTech Engineering (M) Sdn Bhd, Nilai


I am not sure MQTech plan to acquiring this company or maybe others, I just provide information for you all to analyse. Also, I don't want to speculate this counter without any official announcement from MQTech. Invest at your own risk.

Posted by cnnboy > 2020-08-24 07:51 | Report Abuse

Mqtech delay due ‘the old guard’ still blocking the door. Now ‘the old guard’ stepping aside., Possible announcement coming this week

Posted by cnnboy > 2020-08-24 09:51 | Report Abuse

macao taiko waiting to enter

Posted by CUTLOST > 2020-08-24 10:08 | Report Abuse

Pushing down first and then push up

Posted by Djnxy222 > 2020-08-24 10:18 | Report Abuse

Wah today share market all red red red . I wonder where all the big shark went ?

Posted by x3sphere > 2020-08-24 10:47 | Report Abuse

Market today too tired. Not much power.

Posted by cnnboy > 2020-08-24 10:49 | Report Abuse

they wl target the warrant first

Posted by cnnboy > 2020-08-24 10:49 | Report Abuse

stay tuned

Posted by meiling0809 > 2020-08-24 11:10 | Report Abuse

don't miss this counter
you will regret

Posted by JaBerry > 2020-08-24 11:39 | Report Abuse

Any good news

Posted by smartgood > 2020-08-24 12:01 | Report Abuse

Why this company so long not making announcement?

Posted by Al Chapo > 2020-08-24 12:04 | Report Abuse

The show has ended?

Posted by Doomdays > 2020-08-24 12:08 | Report Abuse

MQTech is end of story.

Posted by cnnboy > 2020-08-24 12:20 | Report Abuse

Patience

Posted by cnnboy > 2020-08-24 13:06 | Report Abuse

shares still changing hands

Posted by VirginShare > 2020-08-24 13:26 | Report Abuse

sudah lama dengar cerita .. tapi makan angin hari hari.. pening

Posted by menort > 2020-08-24 14:21 | Report Abuse

Red flag when director and bigger shareholder disposed large amount of share.

Posted by menort > 2020-08-24 14:21 | Report Abuse

https://klse.i3investor.com/m/blog/TehEngHuatIsGohBoonSoo/2016-12-23-story-h1449621304-Fraudster_of_the_Year_MQ_Technology_Bhd_fastest_share_price_drop_in_Bur.jsp

Posted by cnnboy > 2020-08-24 14:42 | Report Abuse

macao man start eating

Posted by cnnboy > 2020-08-24 14:45 | Report Abuse

I told u macao man eating now

Posted by cnnboy > 2020-08-24 14:46 | Report Abuse

he is eating big.

Posted by x3sphere > 2020-08-24 14:48 | Report Abuse

Wow some sharks entered already

Posted by cnnboy > 2020-08-24 14:49 | Report Abuse

macao man shopping spree

Posted by XiaoMingRe > 2020-08-24 14:55 | Report Abuse

up up

Posted by Yanyee > 2020-08-24 14:56 | Report Abuse

Mqtech and Zodiac JV?
China’s Zodiac to invest RM1.5 billion in Malaysia to develop 5G chips.
https://www.thestar.com.my/aseanplus/aseanplus-news/2020/08/24/chinas-zodiac-to-invest-rm15-billion-in-malaysia-to-develop-5g-chips

Posted by cnnboy > 2020-08-24 14:56 | Report Abuse

old guard give way to new director

Posted by cnnboy > 2020-08-24 14:57 | Report Abuse

director with deep pockets

Posted by BearishTrend > 2020-08-24 14:58 | Report Abuse

So lucky.. Bought 155 sold 175

Posted by Tripaka > 2020-08-24 15:08 | Report Abuse

Up down, up down ....once accumulate enough, BOOM!!!

Posted by cnnboy > 2020-08-24 15:16 | Report Abuse

normal as u can see the TA waiting for an uptrend.

Posted by DonLee > 2020-08-24 16:33 | Report Abuse

no power

Posted by Diego2020 > 2020-08-24 16:34 | Report Abuse

im buying at 15.5c! yeah yeahh... its time to go, buckle up!

Posted by gdlau88 > 2020-08-24 16:50 | Report Abuse

Yes, buckle up!