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

4,121,100


17 people like this.

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

Posted by Attaaaaaack > 2020-09-15 15:53 | Report Abuse

PDZ is doing good, reached 0.12, but it will definitely break further for now before JV update announcement which will be next month, after announcement breaking 0.3 will be very easy......

Posted by whatthehuat > 2020-09-15 15:56 | Report Abuse

@Attaaaaaack I can't even match my sell @ 11 cents ...

liverfool

556 posts

Posted by liverfool > 2020-09-15 15:57 | Report Abuse

@Attaaaaaack ok bro. shall put in my watchlist. need to study 1st before sai lang.

All the best bro.

Hehehehe

Posted by Attaaaaaack > 2020-09-15 16:05 | Report Abuse

@whatthehuat

Thats because there are many alike you who are in the que selling off CHEAP tickets.... once the profit taking subsides, price will surge again.........

cnnboy

1,181 posts

Posted by cnnboy > 2020-09-15 16:13 | Report Abuse

why someone still collecting if the deal is not ON?..or it is really on waiting to collect more before releasing the news....

x3sphere

510 posts

Posted by x3sphere > 2020-09-15 17:22 | Report Abuse

Keep extending. Lol this counter

Trader9

74 posts

Posted by Trader9 > 2020-09-15 17:23 | Report Abuse

announcement:


We refer to the announcements dated 15 July 2020 and 14 August 2020 in relation to the Investment and Collaboration Joint Venture Agreement (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.



The Board of Directors of MQ Tech wishes to announce that, MQ Tech and JD had mutually agreed to extend the cut off date for a period of one (1) month from 16 August 2020 to 15 October 2020:-



(i) for the Parties to finalise the definitive terms and conditions pursuant to the Agreement; and



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



This announcement is dated 15 September 2020.

Trader9

74 posts

Posted by Trader9 > 2020-09-15 17:25 | Report Abuse

Looks like no agreement can be reached...aish

Fukujin

115 posts

Posted by Fukujin > 2020-09-15 17:38 | Report Abuse

Glove company might want more seeing that gloves are in hot demand

jasontan1177

1,768 posts

Posted by jasontan1177 > 2020-09-15 17:38 | Report Abuse

drag drag drag...big boy can accumulate till oct ? everyday red red red till oct

Limo123

106 posts

Posted by Limo123 > 2020-09-15 17:41 | Report Abuse

Gg already.. it will drop like hell..

jasontan1177

1,768 posts

Posted by jasontan1177 > 2020-09-15 17:46 | Report Abuse

should extend till 2021 . no need every month come out say extend

Posted by kamalinvestor123 > 2020-09-15 18:06 | Report Abuse

Waste money and time....cibai counter

Posted by XiaoMingRe > 2020-09-15 18:07 | Report Abuse

haiz, i think no hope already, will sell on thursday. Keep extend like 1st time MCO

Aurora13

563 posts

Posted by Aurora13 > 2020-09-15 19:46 | Report Abuse

Damn it even the announcement date stated also wrong, should be extend one month from 16 Sept to 16 Oct, not from Aug 15!

Aurora13

563 posts

Posted by Aurora13 > 2020-09-15 19:47 | Report Abuse

Aug 16

Aurora13

563 posts

Posted by Aurora13 > 2020-09-15 19:48 | Report Abuse

It seems no progress at all since last extension, it is still waiting to revert on interest, not even actual actions into acquisition yet

HuntsmanX

11 posts

Posted by HuntsmanX > 2020-09-15 20:04 | Report Abuse

FUxK MQTECH. WASTE MY TIME HERE TOO LONG LOL. BETTER GO INVEST OTHERS COUNTER 1ST

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-09-15 20:23 | Report Abuse

Deal extent one more months.. And again.. Again until next year... So that operator will goreng more retailer.

punterking

160 posts

Posted by punterking > 2020-09-15 20:50 | Report Abuse

Don't waste time on this conmen counter

punterking

160 posts

Posted by punterking > 2020-09-15 21:39 | Report Abuse

Created false hopes on MOU & MOA for investors. The end results will be deal called off

mohamsu

125 posts

Posted by mohamsu > 2020-09-15 22:12 | Report Abuse

If you feel this mou & moa is fake..do not buy this stock. Buy if you think it positive move from the company.

menort

1,006 posts

Posted by menort > 2020-09-15 22:45 | Report Abuse

Mqtech just want to ride on glove theme. They not serious to venture into glove. They want you all the retailer pour money to Mqtech director pocket.

While still got time better sell this scam counter and join genuine glove counter eg Topglove,Supermax,Hartalega,Kossan,Comfort,Ruberrex,Careplus and HLT Global.

Hope after this many of us will warn newbies retailer from investing on loss making penny stock counter. Not worth the trouble and time wasting.

Every year loss making penny stock repeatedly making fake announcement and never materialize. They never want to change their core business and never venture into other business.

I can assure all of you in the next 5 year, Mqtech will still doing the same business. Glove or vaccine will never be materialize. I promise all of you this.

Hope next year anyone of you who still stuck in this counter dont become a person like Neymar jr. Alluring newbies with fake dream and quietly pocketing Rm10 million profit from it.

punterking

160 posts

Posted by punterking > 2020-09-15 23:14 | Report Abuse

menort- I agreed. well written

Huntsman

155 posts

Posted by Huntsman > 2020-09-16 00:03 | Report Abuse

I agreed with menortt this time.

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-09-16 07:39 | Report Abuse

Penny stock always doing like that..because thy thing legal cheated.. But this time I'm agree with Menort.

kukubesi

280 posts

Posted by kukubesi > 2020-09-16 12:47 | Report Abuse

Laoya company

Huntsman

155 posts

Posted by Huntsman > 2020-09-16 12:49 | Report Abuse

ShIT Company no Future

Posted by ThePowerOfGlove > 2020-09-16 12:50 | Report Abuse

Down 3.12%

Posted by ThePowerOfGlove > 2020-09-16 12:52 | Report Abuse

Why like this aah

Posted by ThePowerOfGlove > 2020-09-16 12:52 | Report Abuse

Apa pasal ini macam punya

Posted by ThePowerOfGlove > 2020-09-16 12:55 | Report Abuse

Susah sikit la macam ni

Posted by ThePowerOfGlove > 2020-09-16 12:55 | Report Abuse

Takut itu investors nanti cabut lari oh

Posted by ThePowerOfGlove > 2020-09-16 12:56 | Report Abuse

Better start improving la

Posted by ThePowerOfGlove > 2020-09-16 12:56 | Report Abuse

Good luck

PakMan

429 posts

Posted by PakMan > 2020-09-16 14:22 | Report Abuse

just spoke with my friend, a latexx employee..he said it's been a year they heard about selling latexx company

PakMan

429 posts

Posted by PakMan > 2020-09-16 14:24 | Report Abuse

ding dong ding dong take too long to complete..even the employee want it to happen as soon as possible due to old management problem

PakMan

429 posts

Posted by PakMan > 2020-09-16 14:25 | Report Abuse

not sure what's the problem takes too long

cK1973

1,965 posts

Posted by cK1973 > 2020-09-16 14:40 | Report Abuse

As per the announcement that shared out ystrdy, most probably the Semperit deal might not come to realisation in near future.
If it is seriously considered by both parties, I believed by now, we wil hv more or less some good news.
Unfortunately it needed another month extension for further action & negotiation. This doesn’t sound good for anyone who has invested in it.
During June20, when the company announced that they were goin into gloves n the news was very positive n well excepted by the public. During that time not many companies venture or make news that they r goin into this business.
Unfortunately as per today, too many companies came forward & said they r also keen in this business n signed MOU , MOA n etc.
By knowing that the Semperit deal might not come through, the Mgmt has decided to come out with the Kibaru news. Kibaru of course is nowhere to compare to latexx partners.
Now the question is, shall we rely on the Kibaru news & hope that MQT close the deal so that in the future, the company book keeping wil look good? Probably the risk is just to high as the nego period is 6 mths which at the end of the day, might not hv any positive outcome.
I do agreed with some of u who said that this company is just making news n for goreng purposes only n to enrich certain parties by taking advantage of others.
As we also knew that the company doesn’t hv any major shareholders, therefore, not much interest wil be emphasised in running the company.
If the Mgmt is serious to revive this company, they must show something concrete to the public. If not, the longer u hold the shares, the higher the risk wil be.
I do understand why many hold this share. Comparative to the big 4 & 2-tiers glove makers, it is very very cheap n chances to strike big is very high. Unfortunately the company has no clear direction on the glove n suddenly said their r also into vaccines which makes matter worst. Sound fishy, right?
Well, the choice is yours. High risk high gain n no risk no gain.
Enjoy your holidays n happy Msia Day ......

greenberg

197 posts

Posted by greenberg > 2020-09-16 15:13 | Report Abuse

Failed another counter. Time to show us

NeymarJr

1,119 posts

Posted by NeymarJr > 2020-09-16 19:43 | Report Abuse

Huat ah

Posted by Stockbeast > 2020-09-16 20:13 | Report Abuse

@NeymarJr Any news to share?

dreamer74

164 posts

Posted by dreamer74 > 2020-09-16 22:36 | Report Abuse

Neymar Jr, I know u knew something gd is coming. me too. huat ah

Posted by whatthehuat > 2020-09-16 23:04 | Report Abuse

let's huat tomorrowwwww

PakMan

429 posts

Posted by PakMan > 2020-09-17 02:25 | Report Abuse

simpan saja...high risk high return..chart pattern pon masih cantik kan..

dreamer74

164 posts

Posted by dreamer74 > 2020-09-17 07:23 | Report Abuse

https://www.pharmaceutical-technology.com/news/germany-biontech-curevac-covid/
Fosun partner Biontech in developing vaccine is getting big funding from German gov. Should be a positive move by MQtech on acquiring Kibaru as he is the distributor for Fosun vaccine once is available

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-09-17 08:59 | Report Abuse

It's seems more nonsense thing coming.. Tech stock supply vaccine..

Posted by Fundamental123 > 2020-09-17 09:19 | Report Abuse

Some experienced players know on how penny stocks are played with news

x3sphere

510 posts

Posted by x3sphere > 2020-09-17 09:32 | Report Abuse

Currently there’s no such thing as nonsense. Everyone just wanna piece of glove/vaccine. Eg hwgb, gets

vitagen

60 posts

Posted by vitagen > 2020-09-17 09:50 | Report Abuse

better go other counter to find chance...i wasted almost two months for this share

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