MQ TECHNOLOGY BHD

KLSE (MYR): MQTECH (0070)

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Last Price

0.105

Today's Change

+0.005 (5.00%)

Day's Change

0.095 - 0.105

Trading Volume

125,200


17 people like this.

20,294 comment(s). Last comment by fl888 6 days ago

Posted by RobinHood95 > 2020-10-26 21:47 | Report Abuse

Come to papa at 11c

greenberg

197 posts

Posted by greenberg > 2020-10-27 00:42 | Report Abuse

No more heard their Glove story?

Posted by dreamingpanda > 2020-10-27 18:34 | Report Abuse

Probably at DD stage now

Huntsman

155 posts

Posted by Huntsman > 2020-10-27 19:53 | Report Abuse

What is DD?

MadCow75

3,091 posts

Posted by MadCow75 > 2020-10-29 17:26 | Report Abuse

DD doom day???

Posted by RobinHood95 > 2020-10-29 20:37 | Report Abuse

DD = Diam Diam mari ke 10c

izoklse

5,272 posts

Posted by izoklse > 2020-10-29 23:39 | Report Abuse

ok tomorrow will buy some. :-)

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-10-30 09:15 | Report Abuse

Hwgb in the making soon

Posted by Chun Loke Low > 2020-10-30 09:53 | Report Abuse

Ready to all in

Posted by jejakagentleman > 2020-10-30 16:16 | Report Abuse

why dropped so far? what happened to the JV?

Posted by Chun Loke Low > 2020-10-30 16:28 | Report Abuse

No one goreng ady - no shark within plus weak fundamental. Price goes down is expected lor. Topped with negative market sentiment.

Those holding can come back next year hahaha

kenie

1,641 posts

Posted by kenie > 2020-10-30 19:51 | Report Abuse

MQ TECHNOLOGY BHD
AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING

CONCERN AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN MQ TECHNOLOGY BERHAD-QUALIFIED OPINION ON THE AUDITEDFINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2020

emil

1,428 posts

Posted by emil > 2020-10-30 20:58 | Report Abuse

oh oh....Monday limit down kah? Mqtech triggered "going concern" PN17/delisting probably...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3101398

jasontan1177

1,768 posts

Posted by jasontan1177 > 2020-10-30 22:56 | Report Abuse

wah gg

Posted by RobinHood95 > 2020-10-30 23:30 | Report Abuse

Runnnnnn!!!

Posted by Investhunter > 2020-10-31 07:43 | Report Abuse

this good news.

Posted by Investhunter > 2020-10-31 07:45 | Report Abuse

just want to know somebody make fraud things in company.

Posted by Investhunter > 2020-10-31 07:47 | Report Abuse

if it clear mqtech ready to skyrocket price. tp1 0.500 if glove jv is ready

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-10-31 08:03 | Report Abuse

Ayo.. Ini big troubles.. Gap down and Pn17

Jayjay123

633 posts

Posted by Jayjay123 > 2020-10-31 12:00 | Report Abuse

Lol read properly la and dont just read title..

Posted by RobinHood95 > 2020-11-01 22:12 | Report Abuse

The Company entered into a marketing agreement with Vivo Tower Ltd (“VIVO”) to enter into business of casino activities. An initial amount of RM3.65 million was paid in accordance with the agreement. However, the payment was made to DONACO Holding Sdn. Bhd. which is not a party involved in the marketing agreement.

Can simply pay 3.65 mil to a third party which is not the agreement? Where is the due diligence?

Posted by RobinHood95 > 2020-11-01 22:13 | Report Abuse

*not in the agreement

Sy2020

42 posts

Posted by Sy2020 > 2020-11-02 09:47 | Report Abuse

Fly mqtech.

zhm540

2,491 posts

Posted by zhm540 > 2020-11-02 10:32 | Report Abuse

waaa casino business sure bring more profits.... people invest in gloves got money and throw it in casino!

Posted by Chun Loke Low > 2020-11-02 10:40 | Report Abuse

Lol you're not getting the point. That's not what the dude up there trying to say lmaoo

kukubesi

280 posts

Posted by kukubesi > 2020-11-02 11:34 | Report Abuse

the money paid to Robin Hood maaa ... he can distribute to the poor...

Huntsman

155 posts

Posted by Huntsman > 2020-11-02 12:22 | Report Abuse

Mqcau Scam ConMan Counter. Hahahaha rubbishh. I hope delist soon this Shittt company

Chuahys

6 posts

Posted by Chuahys > 2020-11-02 22:05 | Report Abuse

What la...bad Mgmt.

PakMan

429 posts

Posted by PakMan > 2020-11-03 06:40 | Report Abuse

its over guys, back to reality..if you still looking for glove RTO go to IQZAN.

PakMan

429 posts

Posted by PakMan > 2020-11-03 06:41 | Report Abuse

A little rumours around the corner that IQZAN would be the next to join the glove maker company in Bursa Malaysia by merging with one of the leading glove maker in Malaysia based in Alor Gajah,Melaka.The company is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, they exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

The company emphasizes stringent quality control in order to adhere and meet with Good Manufacturing Practice and Standards, such as ASTM D3578-05, and EN455 Part 1&2. It is accredited with FDA 510K, CE, ISO9001, and ISO13485. The announcement could be out by the next few weeks and this will be the most CHEAPEST !! glove

We Manufacture & Supply Latex Examination Gloves In Malaysia For More Than 25 Years


Tan Sin Lian Industries Sdn. Bhd. (TSL), a gloves manufacturing company is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves in Malaysia. Currently, TSL exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

TSL strives to provide best quality of products and services to customers from either healthcare or non-healthcare segments. The workforce number is 450 persons and it is still increasing. TSL built in 22 production lines in order to cope with fast-growing market demand and at the same time, maintain its prices competitiveness.

Annual production capacity 2.2 bil.

Posted by Fauzul Azhim > 2020-11-03 07:43 | Report Abuse

*Prepayment to Donaco Holdings Sdn. Bhd. RM3,650,000.00*
The company has recovered some partial payment from Donaco Holdings Sdn Bhd.
Efforts are still pursuing to recover the balance. The Board is confident the full amount
will be recovered soon.

*Other Receivables to Cash Support Sdn. Bhd.*
The impending issues are the transfer of property from Cash Support Sdn Bhd to Cash
Support Property Sdn Bhd. Upon completion of the transfer, Secretary will issue share
certificate to Star Acres Sdn Bhd. The process of transfer is on going. The Board’s view
is positive development


*Impairment assessment on investment and amount due from subsidiary*
Microlead Precision Technology Sdn Bhd is our main subsidiary company contributing
almost 100% to the group turnover. MQ will take steps to address the net deficit such as
disposing of land and building. New management will take over the operation starting
January’ 21 with a view to control cost and increase sales. This will directly contribute
positively on the performance of the financial results.

Posted by Fauzul Azhim > 2020-11-03 07:47 | Report Abuse

From the qualified opinion, there are technically 3 main concerns/issues that the company is facing. If they could resolve those issues within a year, then the next year's performance would be positive.

The deposit paid to Cash Support Sdn Bhd alone is already RM19mil. If this deposit can be recovered, then we should see the positive results next year.

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-11-03 08:18 | Report Abuse

Jv latex, Vaccine and Casino royal.. Next Macau.. Good Spining.. What Jv Next?

emil

1,428 posts

Posted by emil > 2020-11-03 08:49 | Report Abuse

illegal monies diverted and been used, no chance to recovered. PN17 soon

zhm540

2,491 posts

Posted by zhm540 > 2020-11-03 09:44 | Report Abuse

today is glove play... yet MQTECH still stuck there in limbo...

PakMan

429 posts

Posted by PakMan > 2020-11-03 11:07 | Report Abuse

mqtech not follow glove anymore..now casino business maaa..gila harey tul

azrin

232 posts

Posted by azrin > 2020-11-03 12:37 | Report Abuse

buy before late.. tp 0.7

Sy2020

42 posts

Posted by Sy2020 > 2020-11-03 13:27 | Report Abuse

@azrin...good news.

Posted by investman11 > 2020-11-03 15:14 | Report Abuse

Jrake betul lah...our regul8ion need to be revised.. These shark kaw kaw eat our money

Huntsman

155 posts

Posted by Huntsman > 2020-11-03 20:12 | Report Abuse

@azrin buy before late.. tp 0.7

ur ass tp 0.7 hahha. maybe 0.07 i believe. majibaii

zhm540

2,491 posts

Posted by zhm540 > 2020-11-04 10:10 | Report Abuse

suddenly big Q comes in.....any news?

blink86

74 posts

Posted by blink86 > 2020-11-04 10:46 | Report Abuse

Big vol come in

Huntsman

155 posts

Posted by Huntsman > 2020-11-04 10:53 | Report Abuse

Going to casino mahh. People come for gambles hahaha

Posted by Chun Loke Low > 2020-11-04 10:53 | Report Abuse

Need to see how it close today to confirm signal

izoklse

5,272 posts

Posted by izoklse > 2020-11-04 11:26 | Report Abuse

collect already. waiting for it to go up.

azrin

232 posts

Posted by azrin > 2020-11-04 11:34 | Report Abuse

again...buy before late

Posted by Chun Loke Low > 2020-11-04 16:57 | Report Abuse

Doesn't look like a positive signal yet orhh

Posted by RobinHood95 > 2020-11-04 17:27 | Report Abuse

Collected some at 11c and 11.5c, will continue to wait at 11c

azrin

232 posts

Posted by azrin > 2020-11-05 07:27 | Report Abuse

pray for bskl big gap up this morning

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