RI ESOS etc means at least RM 114 Mil with mTouche. 90% of (RI) shares bgt at RM 0.10. mTouch is flushed with $. As announced, $ has been used for buying n selling kits. So, how can mTouche be priced less than RM0.10 like when it has hardly any $ . Go figure..
Buying n selling test kits should bring in attractive profits. Any good news will lift the share price. Short term speculators will just delay the climb but it will climb up. Any spare money you can find, buy now as it will reduce your loses. Most shares were bgt at RM 0.10 n so not logical to sell below . Currently, price is being manipulated. Buy and hold.
Approx 794 Mil (RI) shares bgt at RM0.10 and approx 132 Mil old shares. So, u can see how many wont sell at RM 0.10. Good news will move share beyond ur 46 floors, u never know.
With approx RM 114 millions in the bank, mTouche should not be at this price. Trading in COVID 19 test kits at this time, should bring in $$$. So, if you think the price will go up, buy the warrants because when mother share goes up, so will the warrants. Also, every notch picks up a higher % in profit. This is not a time for short term trading because you dont know how desperate the manipulators are for profits. Time can be against short term trading. Info for you guys to think about. This is good whilst mTouche is flushed with $$$. Go do the maths.
Well done Mtouche, today sentiment so bad, still up 1 bit and hold until the end with nobody want to sell at 9C now. Will proceed to 10C soon. Thumb up.
Must give supporting financial data to support ur statement. Yes, mTouche did lose $, but now has added a venture that may bring in $. With all that $ fr the RI n ESOS etc and new possibilities, why not just watch. Majority of those who subscribed for the RI has holding power and believe in the future. Speculators who want short term gains are causing the problem. So..give valid financial data to support ur statements.
RSI bottoms up already, check the chart..if the technical tells good sign, why bother other things.. what went down botton rock will go up, or going slide line.. so, one is definitely correct..
Chitty2 did you really look into the company performance since the company listed in bursa? You may change ur view after this.... Psst... The company lost accumulated 1.4 BILLION since listed....
Buying and selling COVID 19 test kits at this time is not a bad thing. Go check mTouche 's report on how much they are paying to buy each kit and how much each subject/patient is paying for one test. I am familiar with such businesses ie trading in medical products.
Run the chart to 2016 and it showed many attempts to recover rather than surrendering to drop,.. RSI rebound up.. the only to go is up or stay technically.
Fintec, Sanichi n mTouche do not have the same business model. mTouche is now just doing simple trading. Buy n sell what is much needed now. After checking mTouche's purchase price of kits offered to them (fr their report), google the cost of having to pay for a test. You will see different prices, even the cheapest is higher than the cost price. Yes, yes, there are overheads expenses...still...
Somebody don't know this mtouche test kits news been around much more than a years ago.... As today they still cannot sell in Malaysia.... You know reason why??? Psst news do claim mtouche wanna be distributor for pfizer vaccine.... Ya... Congratulations they sucessful distribute pfzier to HOLLAND
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Posted by 1Malysia > 2021-06-20 23:30 | Report Abuse
operator may trick us through chart and volume, cant be positive about it as weekly and montly MA still dropping