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

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-09-02 21:53 | Report Abuse

Glove and Vaccine.. Easy money to them trap retailer

izoklse

5,272 posts

Posted by izoklse > 2020-09-02 21:57 | Report Abuse

huh very powerful. If no vaccine..price will be push for glove. If find vaccine glove going down but vaccine news will push the price.

limitupupup

1,466 posts

Posted by limitupupup > 2020-09-02 22:01 | Report Abuse

now ikan bilis very pandai d, sell on news and trap the boss now

Tuapui

469 posts

Posted by Tuapui > 2020-09-02 22:12 | Report Abuse

So. Tomorrow good or bad news?

6257

1,650 posts

Posted by 6257 > 2020-09-02 22:14 | Report Abuse

Up 0.100 ok also

San8turbi

48 posts

Posted by San8turbi > 2020-09-02 22:18 | Report Abuse

good news all

x3sphere

510 posts

Posted by x3sphere > 2020-09-02 22:19 | Report Abuse

Today most of coward bilis and contra players out. Tomorrow will fly to the moon. TP 0.300

JejakaDuit

208 posts

Posted by JejakaDuit > 2020-09-02 22:20 | Report Abuse

Good news lol... Sure tomorrow limit up hahahahaa... Time to be a rich person hahhahaa

6257

1,650 posts

Posted by 6257 > 2020-09-02 22:20 | Report Abuse

TP 0.300 only?

lamy92

745 posts

Posted by lamy92 > 2020-09-02 22:23 | Report Abuse

Today candle chart signal sell.. I believe tomorow this counter pullback before continue fly again..

novince28

35 posts

Posted by novince28 > 2020-09-02 22:24 | Report Abuse

history will repeat itself like today. Don't chase high and get caught in the morning session

BILLC

2,048 posts

Posted by BILLC > 2020-09-02 22:26 | Report Abuse

This is glove+vaccine counter,,,,,,,why only 30 sen??,,,,haha,,,

Junior7

135 posts

Posted by Junior7 > 2020-09-02 22:32 | Report Abuse

Will fly. At least break min 0.29~

x3sphere

510 posts

Posted by x3sphere > 2020-09-02 22:33 | Report Abuse

Please don’t use candle sell signal anywhere you want. It only can be applied at support/resistance whether horizontal line, trendline, moving average.

lamy92

745 posts

Posted by lamy92 > 2020-09-02 22:35 | Report Abuse

For trader today take profit.. And wait reversal candle buy back all inn

Nasalswab

57 posts

Posted by Nasalswab > 2020-09-02 22:38 | Report Abuse

Jerung out already la,, sell on news,, lol

Huntsman

155 posts

Posted by Huntsman > 2020-09-02 22:52 | Report Abuse

jerung out but megalodon coming lol

limitupupup

1,466 posts

Posted by limitupupup > 2020-09-02 23:00 | Report Abuse

tech+gloves+vaccine, sounds similar to inixxxx? HAHA goreng nasi panas2

Posted by shahmalayneum > 2020-09-02 23:18 | Report Abuse

Goreng sampai rm20

Huntsman

155 posts

Posted by Huntsman > 2020-09-02 23:30 | Report Abuse

goreng sampai hangit lol hehehe

Aurora13

563 posts

Posted by Aurora13 > 2020-09-02 23:46 | Report Abuse

I really like this counter, can make fast money if know how to play since 0.10 previously till now haha. Best part is, glove counters will solid sales till next year and profits are seeing blood evday, but this counter just say want to buy glove and just want to buy medical rubber or relate to vaccine, and nothing realized yet can s till boom haha... Btw, js posted qtr loss some more lol

jwyap

838 posts

Posted by jwyap > 2020-09-02 23:49 | Report Abuse

Let watch the show tomorrow

Wikipedia

58 posts

Posted by Wikipedia > 2020-09-03 03:34 | Report Abuse

Trade with alert. I noticed that there are contra syndicate that have collected since last 2 days ago today dump and collect. Probably 20 big player not sure how many groups within a team that dump and collect based on the transaction data from my analysis. The first player dump then will standby to collect at the selected price level. The first big player mostly collected the share at the last high price will dump first until the last person who collected lowest price will be the last person dump the share. Once it fall continuously, it will create panic dispose for retailer who want to cut loss or to collect profit. The standby big player will immediately acquire once it hit the new lower price and collect the share from panic retailer. The last big player probably dump at the price of 20 cent and start to collect back.

Since the official news from MQTech about the MOA, probably tomorrow more retail player or ikan bilis will join to goreng. So do other big player too which is not from the syndicate will join the goreng. For now probably you will know the syndicate are which level now before they dump again.

So lets talk about the announcement from MQTech to acquire 70% of the Kibaru Manufacturing Sdn Bhd, the purpose is to get the Covid 19 vaccine distribution rights to ASEAN country from Fosun International Ltd. From beginning, Fosun International Ltd subsidary, Fosun pharma has team up with BioNTech (Nasdaq: BNTX, “BioNTech”) and Pfizer ( NYSE :PFE) which the vaccine is from BioNtech developed in Germany. To know more about the vaccine, read the link below.

https://www.genengnews.com/covid-19-candidates/biontech-pfizer-and-fosun-pharma-bnt162/

https://www.globenewswire.com/news-release/2020/08/05/2073035/0/en/BioNTech-and-Fosun-Pharma-Announce-Start-of-Clinical-Trial-of-mRNA-based-COVID-19-Vaccine-Candidate-in-China.html

Below is the vaccine tracker for Covid 19 status.

https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html


For your info, the US government has awarded, USD 1.9B contract for this Covid 19 vaccine developed by this group. Japan also make a deal with 100m doses. There are also many other European countries including Canada have make the deal with this group too. Once it has passed the clinical trial and FDA approval, I believe many countries try their best to get the vaccine first.


Below is the list of company of Malaysia that related to Covid 19 vaccine goreng stock.


MQTECH - Distribution rights vaccine from Fosun + Covid 19 test kit (FDA approved) as package. Currently Kibaru have business distribute medical equipment around Asean countries.

Solution - Vaccine from CANSINO BIOLOGICS INC ( bulk and fill packing but no facility ready available. Pending to build new facility or factory. Latest announcement need 1 month to prepare proposal to bursa query details of the plan)

Bintai- Provide funding to US-based Nugenerex Immuno-Oncology (Generex) on a preliminary understanding of arrangement for collaboration in the funding, launching and management of a synthetic peptide vaccine for SARS-CoV-2. ( From the tracking vaccine list, unable to found any developed vaccine)

Titijaya- Collaboration and distribution medical equipment with Sinopharma ( Announcement never mention about Covid 19 vaccine.)

Dpharma - same as Pharmaniaga.

Pharmaniaga - Facility ready for fill and finish for covid 19 but no company give the rights ( hoping to get from government. Also use halal as reason to give them contract) I wonder why those non pharmaceutical company able to get contract from vaccine developer while those pharmaceutical company unable to get.

From my opinion, covid 19 vaccine will be develop, fill and finish by their own team up company and will not simply allow other company to do fill and finish at other country. The reason is simple, those who have the vaccine will have the power to control.

From information provided, you can judge yourself are you invested or goreng at correct stock or not. Trade at your own judgement and risk.

Posted by majuJayaInsyaAllah > 2020-09-03 05:14 | Report Abuse

And the goreng continues

6257

1,650 posts

Posted by 6257 > 2020-09-03 05:38 | Report Abuse

Today what prices can reach?

brian1918

55 posts

Posted by brian1918 > 2020-09-03 05:52 | Report Abuse

B4 WAS JV WITH JD HK ABT GLOVE. NOT VACCINE WITH BLA BLA BLA..

Vsctan7

32 posts

Posted by Vsctan7 > 2020-09-03 05:53 | Report Abuse

Glove, vaccine, test kit and vaccination center....all in one package.

JejakaDuit

208 posts

Posted by JejakaDuit > 2020-09-03 06:37 | Report Abuse

Good Morning everyone.. Hope today a big day for still holding Mqtech.. Support MQTECH

6257

1,650 posts

Posted by 6257 > 2020-09-03 06:42 | Report Abuse

Hopefully.up 0.100 also happy liao

Wan Nee

242 posts

Posted by Wan Nee > 2020-09-03 06:57 | Report Abuse

Mee goreng bihun goreng.

x3sphere

510 posts

Posted by x3sphere > 2020-09-03 07:09 | Report Abuse

Up up first tp 0.300 then 0.5

cnnboy

1,181 posts

Posted by cnnboy > 2020-09-03 07:31 | Report Abuse

Well... like I told u yesterday, real announcement wl be out. Tomorrow never dies.

cnnboy

1,181 posts

Posted by cnnboy > 2020-09-03 07:32 | Report Abuse

More to come.stay tune

liverfool

556 posts

Posted by liverfool > 2020-09-03 08:00 | Report Abuse

@Wikipedia thanks buddy for the info.

By the way, please check the Solutn price from their MOU announcement regards the vaccine from CANSINO BIOLOGICS INC.

You can get the idea then. Just don't chase high and trade with care. All the best MQT kaki!!! YNWA!!

liverfool

556 posts

Posted by liverfool > 2020-09-03 08:01 | Report Abuse

@cnnboy ur sifu got advice any tp? hehehehe

kedahman

202 posts

Posted by kedahman > 2020-09-03 08:23 | Report Abuse

MQTech has been losing money in the last nine quarters .... goreng forever

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-09-03 08:28 | Report Abuse

Hope limit up.. Good news vaccine jv

6257

1,650 posts

Posted by 6257 > 2020-09-03 08:29 | Report Abuse

Limit up pls

JejakaDuit

208 posts

Posted by JejakaDuit > 2020-09-03 08:29 | Report Abuse

Start que.. All the best

6257

1,650 posts

Posted by 6257 > 2020-09-03 08:33 | Report Abuse

Macam tak ada limit up

Posted by HIGHCHAPERAL > 2020-09-03 08:38 | Report Abuse

I am looking for lima sen up only ! The vaccine proposal seems to make good sense !

cnnboy

1,181 posts

Posted by cnnboy > 2020-09-03 08:39 | Report Abuse

@liverfool. no tp yet but ‘someone’ collecting frm 14.5. Maybe he also the person who wallup the prev substantial shareholder share

Posted by razorknight > 2020-09-03 08:42 | Report Abuse

with so many news.... this counter easily up to 30 sen by end of sept ....

Posted by harudin harudin > 2020-09-03 08:47 | Report Abuse

50sen

CKNG8291

530 posts

Posted by CKNG8291 > 2020-09-03 08:50 | Report Abuse

read carefully, THE moa IS "NEGOTIATING" ONLY.

6257

1,650 posts

Posted by 6257 > 2020-09-03 09:00 | Report Abuse

Up 0.005 only

cnnboy

1,181 posts

Posted by cnnboy > 2020-09-03 09:06 | Report Abuse

Shark la bilis la... company in transformation sure got new management n owner. Unless the old owner still there then it is just a hype

azta12

5,594 posts

Posted by azta12 > 2020-09-03 09:07 | Report Abuse

add

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