Posted by RobinHood95 > 2020-08-29 20:44 | Report Abuse

Tuesday can profit taking first. Let’s see whats next for this Latexx story.

Posted by Sy2020 > 2020-08-29 20:54 | Report Abuse

@Investorwithhope...your statement is true.

Posted by jasontan1177 > 2020-08-29 21:52 | Report Abuse

Low bok tek buying Gets. He is previous latexx boss la.
Sohai.
Now semperit is Latexx partner current boss la.
Which sohai said Latexx rto Gets ?.

You sold your comp. And the company is still belong to you ah ? Sohai logic

Posted by menort > 2020-08-29 22:19 | 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 BILLC > 2020-08-29 22:42 | Report Abuse

Many can’t differentiate between Low book tek and Semperit,,,,,,hahaha,,,,

Posted by NeymarJr > 2020-08-30 12:31 | Report Abuse

@Jasontan1177, Let's see on Tuesday the price of MQTECH is up or down? Then we shall see who is the Sohai here?

Posted by CUTLOST > 2020-08-30 12:34 | Report Abuse

Next carepls in the making

Posted by Tripaka > 2020-08-30 12:38 | Report Abuse

No, next sumatec in the making..

Posted by frankml > 2020-08-30 12:59 | Report Abuse

June 17 to Aug 28, upward trend. Still good stock to keep. May encounter retracements whilst on upward trend according to the chart.

Posted by Aurora13 > 2020-08-30 14:26 | Report Abuse

To revert with the interest or otherwise...
It sounds like the so called deal is actually still hanging at if semoerit want to sell..still yes no yes no... After so long... .. Even if want to sell, then nego on the terms etc is another risk this may fail...

Posted by HamsterHuat > 2020-08-30 15:27 | Report Abuse

MQTech no more play lo.....Semperit got cool feet lo.

So...anyone can let me what is so good about MqTech now other that bombastic QR result?

anyone?

Posted by Wikipedia > 2020-08-30 15:37 | Report Abuse

f 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).
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.

Updated announcement

8. Gerald Nicholas Tan Eng Hoe disposed all 19M shares and no longer a substantial holder and no longer non Independent Director.


From this announcement, I can predict that new substantial holder and also holding the largest company share follows by MISS JACQUELINE LEE FEI FEI as second largest share holder based on my research. As we see on Friday transaction, buying power is more than selling and i believe seller was local retailer who want to cut loss or collect profit and buyer i believe is the new substantial share holder collecting it at low price. I just wonder why MQTech still not announce who is the new substantial share holder until today. Is it because to prevent goreng higher so that some one can collect at low price? I don't know but the confirm is the current largest share holder, Gerald Nicholas Tan Eng Hoe has disposed all is share to other person via off market transaction.

Also from my research on Semperit group, they still proceed their plan to separate the Sempermed from the group but delayed the time due to increase of the revenue and profit from Sempermed which helps to cover the loss of other business units. However, i research on the covid 19 cased in Austria, the peak is at end of March and drastically drop mid of April and maintain flat average 300 cases daily until today. So do other Europe countries, the numbers has fall and no spike increase in daily cases. So for coming QR financial, probably the demand will fall and they might separate it from the group if the profit and revenue drop.

Average Sempermed annual revenue around 300 million Euro with EBITA 88 million Euro (average based on previous years) contributed from Kamunting, Malaysia and Wimpassing, Austria factory. As I know Malaysia produce the largest quantity of the rubber glove, assumption if we divide it equally, each will produce 150 million Euro with EBITA 44 million Euro. Current exchange 1Euro = RM5, Each company will capture revenue of RM750m and EBITA of RM220m. If MQTech has secure the deal, could you imagine how much the share price will up? Even comparing with Careplus and other smaller player of glove company, they can't match them.

So, this only info that I can share for today, any decision make is at your own risk.

Posted by dolphin8838 > 2020-08-30 15:45 | Report Abuse

Why would these 3 musketeers - Menort, Neymar Jr & Tripaka wasting their time commenting here if they do not have any HIDDEN AGENDA.
YOU CAN FOOLED OTHERS. BUT, YOU CANT'T FOOL ME !
Your sinister tricks is to push for a sell down in the hope of recouping at a much lower prices.
Guys don't fall for their tricks.

Posted by NeymarJr > 2020-08-31 11:27 | Report Abuse

Let's see who is the real FOOL at the end

Posted by nighthunter > 2020-08-31 20:50 | Report Abuse

excellent analysis, Wikipedia...
infos verified.

Posted by menort > 2020-08-31 20:50 | Report Abuse

if got chance to get out get out faster from this scam counter.

The Semperit deal will not be materialize.

Posted by NeymarJr > 2020-08-31 21:39 | Report Abuse

Tomorrow open gap down already so no chance to get out

Posted by Sy2020 > 2020-08-31 21:57 | Report Abuse

@Wikipedia...very good info and analysis.

Posted by aman85 > 2020-08-31 22:12 | Report Abuse

FROM SENGKEE: "Latex will go to Gets Global through RTO? Too bad, it is not Mqtech. Go and get a copy of the latest The Edge weekly."


...............................................................

Here i share one page related to your comment about GETS and LATEXX. Its just a story about Mr.Low history....nothing stated about gets RTO with latexx...no announcement nothing.

https://drive.google.com/file/d/1uu3IKRf3DVJas3xOJMHks0rRAeBDS5zF/view?usp=sharing

Posted by izoklse > 2020-08-31 23:35 | Report Abuse

https://www.theedgemarkets.com/article/beneficiaries-pandemic-separating-wheat-chaff

Posted by izoklse > 2020-09-01 03:28 | Report Abuse

lai lai lai kasi limit down or gap down. saya mau beli. heheh.

Posted by nicholas99 > 2020-09-01 08:35 | Report Abuse

the GETS news just a rumour... ppl just simply spread rumour and goreng. lmao.

Posted by aman85 > 2020-09-01 08:42 | Report Abuse

baseless romour. not from the GETS company itself..

Posted by nicholas99 > 2020-09-01 09:02 | Report Abuse

something brewing.

Posted by cnnboy > 2020-09-01 09:21 | Report Abuse

collecting below 20 before announcement

Posted by cnnboy > 2020-09-01 09:23 | Report Abuse

tq big brother!

Posted by nicholas99 > 2020-09-01 09:23 | Report Abuse

wah..

Posted by cnnboy > 2020-09-01 09:24 | Report Abuse

collect more until hit yr limit

Posted by nicholas99 > 2020-09-01 09:24 | Report Abuse

today?

Posted by lamy92 > 2020-09-01 09:24 | Report Abuse

Some people says today limit up

Posted by Vsctan7 > 2020-09-01 09:24 | Report Abuse

Looks like somebody here is the newly crowned sohai

Posted by Vsctan7 > 2020-09-01 09:27 | Report Abuse

PM

NeymarJr @Jasontan1177, Let's see on Tuesday the price of MQTECH is up or down? Then we shall see who is the Sohai here?

30/08/2020 12:31 PM

NeymarJr Let's see who is the real FOOL at the end

31/08/2020 11:27 AM

 8:50 PM

NeymarJr Tomorrow open gap down already so no chance to get out

31/08/2020 9:39 PM

Posted by okokok > 2020-09-01 09:27 | Report Abuse

It will breach 0.25 today! Better buy now

Posted by jasontan1177 > 2020-09-01 09:27 | Report Abuse

hehe sohai ?

NeymarJr @Jasontan1177, Let's see on Tuesday the price of MQTECH is up or down? Then we shall see who is the Sohai here?
30/08/2020 12:31 PM

Posted by nicholas99 > 2020-09-01 09:27 | Report Abuse

will fly today.

Posted by Vsctan7 > 2020-09-01 09:28 | Report Abuse

/08/2020 6:02 PM

NeymarJr This NO deal news with Semperit coupled with very bad QR come Tuesday will hit limit down.

29/08/2020 7:40 PM

Posted by cnnboy > 2020-09-01 09:31 | Report Abuse

clear that 19 big brother!

Posted by nicholas99 > 2020-09-01 09:31 | Report Abuse

all gloves looks ready to shoot up.

Posted by cnnboy > 2020-09-01 09:33 | Report Abuse

let them see the green rolling

Posted by DonLee > 2020-09-01 09:41 | Report Abuse

gogogo

Posted by liverfool > 2020-09-01 09:42 | Report Abuse

wahhh... now NeymarJr brader and menort abang adik now ar? so ah kah liao? hehehehe

Posted by DonLee > 2020-09-01 09:45 | Report Abuse

he said limit down wor.......

Posted by desperado1694 > 2020-09-01 09:46 | Report Abuse

BUY BUY BUY AGAINNNNNN

Posted by desperado1694 > 2020-09-01 09:47 | Report Abuse

Special Announcement today at 1.40PM....

Posted by desperado1694 > 2020-09-01 09:48 | Report Abuse

this time is SUPER BONUS PAID OUT...better buy buy buy

Posted by Newbrawler > 2020-09-01 09:51 | Report Abuse

confirm 1.40 got announcement? taiko into board?

Posted by desperado1694 > 2020-09-01 09:52 | Report Abuse

Im waiting for confirmation..if wrongs mean we will go to Holland

Posted by cnnboy > 2020-09-01 10:00 | Report Abuse

let them talking big brother. Continue eat below 20

Posted by blink86 > 2020-09-01 10:01 | Report Abuse

wow..20sen now

Posted by cnnboy > 2020-09-01 10:02 | Report Abuse

see green rolling....kahkahkah