TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.12

Today's Change

+0.005 (4.35%)

Day's Change

0.095 - 0.12

Trading Volume

14,080,800


10 people like this.

24,285 comment(s). Last comment by mf 2 days ago

Vicky

1,580 posts

Posted by Vicky > 2022-01-06 14:47 | Report Abuse

Hahahaha...the counter program to snooze...

dompeilee

11,889 posts

Posted by dompeilee > 2022-01-07 09:46 | Report Abuse

Need Tadano heavy duty crane.,.not one but 5 or more... to clear the overhang...all the stale bulls like Jokekin trapped from 10c & above lol

Justmeme

245 posts

Posted by Justmeme > 2022-01-07 16:30 | Report Abuse

Unless you want to miss the boat

Jackkin

235 posts

Posted by Jackkin > 2022-01-08 12:12 | Report Abuse

For day trader and weak holder like Dompeilee.. they always scare of get trapped.. this is their mindset. Can't blame them..

Justmeme

245 posts

Posted by Justmeme > 2022-01-10 15:34 | Report Abuse

To be fair, anyone who have spotted AHB and buy is a good trader. dompeilee do deserve some respect and have offer good advise in this Forum

Jackkin

235 posts

Posted by Jackkin > 2022-01-10 15:53 | Report Abuse

Yes, true.. i hope dompeilee can notify us before the price shoot up.. and not after..

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-10 15:56 | Report Abuse

Actually what he said is true what, why everyone scold him lol.. He didn't even say bad stuffs about Technax, just recommend everyone to buy AHB instead.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 09:51 | Report Abuse

I believe many people doesn't subscribe to The Edge, so I have typed its original article down here regarding possible cooperation between SMTrack and Techna-X. The article is as below:

"There have been interesting developments at SMTrack Bhd, whose shares were trading just below 10 sen a month ago before rising to a two-year high of 30 sen last Friday.

First, the radio-frequency identification solutions company completed a private placement exercise on Dec 24, raising RM6.84 million, based on a placement price of 7.47 sen per share.

Then on Dec 29, Tan Sri Lee Kim Yew, the founder and executive chairman of Country Heights Holdings Bhd, emerged as a substantial shareholder of SMTrack after the acquisition of 28.5 million shares or a 5.05% stake via an open market transaction.

Last Thursday, SMTrack disclosed that it is in the early stages of negotiations with a government-linked company in relation to the latter's interest in the company.

A day later, Datuk Justin Lim Hwa Tat and Datuk Seri Tan Choon Hwa also surfaced as the company's new substantial shareholders, holding 5.14% and 5.4%, respectively.

It appears that something big could happen as a signing ceremony - between SMTrack, Country Heights, Jiankun International Bhd, Sersol Bhd, AHB Holdings Bhd, Techna-X Bhd, MQ Technology Bhd and 5G Infratech Malaysia Sdn Bhd - is scheduled to be held on Jan 13.

Note that Lee's son in law Jared Lim is executive director of Techna-X, while Hwa Tat is managing director of Sersol. Tan sits on the Jiankun board as executive director.

All these stocks have gained traction in recent days. While investors will be waiting to see what the collaboration is about, they will still need to be mindful as the excitement does not necessarily translate into returns."

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 09:51 | Report Abuse

The following will be the confirmation on SMTrack's side. The link is as below:
https://www.bursamalaysia.com/market_information/announcements/company...

Reference is made to an article titled “What’s brewing at SMTrack and a few other companies” which appeared in The Edge on 10 January 2022.

The Board of Directors of the Company (“Board”) wishes to clarify that the Company is in early stage of discussion with the companies concerned mentioned in the article of which no agreement has been reached and the date of the signing of agreement has not been confirmed at this juncture.

In the event any decision or agreement is made in relation thereto, the Board will make the necessary announcement in compliance with the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad accordingly.

This announcement is dated 10 January 2022.

dompeilee

11,889 posts

Posted by dompeilee > 2022-01-11 10:00 | Report Abuse

AHB more than DOUBLED in 2022 so far...Technax back to FLAT again after a lot of fake news lol

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 10:02 | Report Abuse

Lol, but this time it's real la. It's just that AHB is more under the spotlight.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 10:04 | Report Abuse

Based on my analysis, Country Heights, Jiankun, TechnaX and Sersol are related with SMTrack through its shareholdings and family relations.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 10:05 | Report Abuse

However, there is no clear relation between MQTech/AHB and SMTrack. So, I guess they got their independent contracts/ instead?

bowls

131 posts

Posted by bowls > 2022-01-11 11:24 | Report Abuse

@newguy0801, thanks for sharing the info, much better than those naysayers that just boasted how much they made

Holy Cow

58 posts

Posted by Holy Cow > 2022-01-11 13:46 | Report Abuse

@newguy0801 thanks for the info.

Jackkin

235 posts

Posted by Jackkin > 2022-01-11 13:58 | Report Abuse

Newguy0801, thanks for the info..
Dompeilee, what is your view on these info by newguy ?

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 14:20 | Report Abuse

You're welcome, everyone. I just happened to have the access to The Edge's digital subscription.

dmksn

686 posts

Posted by dmksn > 2022-01-11 18:03 | Report Abuse

Yea, lot of back cannon. What is the point to show smart after something happening or happened?

Milo Ais

255 posts

Posted by Milo Ais > 2022-01-11 22:44 | Report Abuse

@newguy0801, thanks for sharing the info, much better than those naysayers that just boasted how much they made (+1)

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-11 23:03 | Report Abuse

You're welcome. Just sharing my access to information.

dompeilee

11,889 posts

Posted by dompeilee > 2022-01-12 10:16 | Report Abuse

Too many issued shrs...sudah X boleh pakai lol...unless some famous foreign brand name come into the picture....I'm looking @ the next big upside goreng potentials....the next AHB but with a much healthier balance sheet =)

dmksn

686 posts

Posted by dmksn > 2022-01-12 20:20 | Report Abuse

No one care back cannon

Holy Cow

58 posts

Posted by Holy Cow > 2022-01-13 09:54 | Report Abuse

From the edge report (12 Jan 2022) - It appears that something big could happen as a signing ceremony — between SMTrack, Country Heights, Jiankun International Bhd, Sersol Bhd, AHB Holdings Bhd, Techna-X Bhd, MQ Technology Bhd and 5G Infratech Malaysia Sdn Bhd — is scheduled to be held on Jan 13.

I wonder if there will there be a signing ceremony today?

Holy Cow

58 posts

Posted by Holy Cow > 2022-01-13 09:59 | Report Abuse

I see. i just saw that news too. Thanks for sharing.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-13 10:01 | Report Abuse

If you want this kind of news, just check the SMTrack forum. We usually share everything there first, since SMTrack is the main character.

blimwgene

17 posts

Posted by blimwgene > 2022-01-13 11:38 | Report Abuse

why sm track is the main character?

Jackkin

235 posts

Posted by Jackkin > 2022-01-13 18:02 | Report Abuse

Dompeilee, what is your view on this something big ?

Newbie_123

274 posts

Posted by Newbie_123 > 2022-01-14 13:13 | Report Abuse

monitor closely. Others counters linked to 5G Infratech finished pump & dump already.

This 1 no movement yet. Parking first. accumulation in progress :P

Posted by AndroidSucks > 2022-01-14 15:22 | Report Abuse

Holland Incoming

Milo Ais

255 posts

Posted by Milo Ais > 2022-01-17 11:28 | Report Abuse

Dompeilee, what happened to ur AHB, slumping 53% in 4 trading days

Citadel123

352 posts

Posted by Citadel123 > 2022-01-17 11:31 |

Post removed.Why?

dompeilee

11,889 posts

Posted by dompeilee > 2022-01-17 14:47 | Report Abuse

This is how I played AHB:
dompeilee Re-entered AHB 50k @ 12c...recommended 2 clients in Nov
21/12/2021 9:48 AM


dompeilee Flyyyy alert...myself & clients already positioned =D
07/01/2022 9:50 AM

SOLD half my AHB @ 22-23.5c
10/01/2022 10:18 AM

dompeilee SOLD more @ 25.5c
10/01/2022 4:45 PM

dompeilee SOLD more @ 28.5c
11/01/2022 10:12 AM

dompeilee SOLD ALL remainder @ 29c this morning =) Bye!
12/01/2022 11:22 AM

Back to ZERO shares again currently =D

Jackkin

235 posts

Posted by Jackkin > 2022-01-17 20:58 | Report Abuse

Wow.. seem dompeilee can predict the future..

dompeilee

11,889 posts

Posted by dompeilee > 2022-01-18 10:24 | Report Abuse

Nope I can't. Just drawing from 27 yrs experience to improve my chances @ earning from the market.

Jackkin

235 posts

Posted by Jackkin > 2022-01-18 19:23 | Report Abuse

But Dompeilee, u managed to buy in before it shoot up, and u managed to sell all before it crash.. are u with the big shark dompeilee?

Cnlim

489 posts

Posted by Cnlim > 2022-01-18 20:13 | Report Abuse

Must be a very good treader follow him won't caught in the market 3 months more than 100 gain especially this bearish market

dmksn

686 posts

Posted by dmksn > 2022-01-19 14:38 | Report Abuse

1. Sharks buy on rumours ( 7 Jan - 10 Jan Morning)
2. Take decent profit on news ( 10 Jan afternoon - 17 Jan)
3. Price pressing with ridiculous volume, create fake buy queue, price block, fake support breakout while accumulating (weeks or months time starting from 19 Jan)
4. Price pushing + Market testing with ridiculous volume (Begin of wave)
5. Price pushing with huge volume (Uptrend)
6. Repeat from stage 3

Stage 3 now, those don't have holding power good luck to you.

Justmeme

245 posts

Posted by Justmeme > 2022-01-24 21:32 | Report Abuse

should be coming again

21spade

187 posts

Posted by 21spade > 2022-01-28 15:59 | Report Abuse

Hopefully after CNY starts move up back

Vicky

1,580 posts

Posted by Vicky > 2022-01-31 09:47 | Report Abuse

Hmmmm..lost momentum. Pull up pull up...close to terrain....

ID007

601 posts

Posted by ID007 > 2022-02-22 15:34 | Report Abuse

qr report?

Vicky

1,580 posts

Posted by Vicky > 2022-02-23 13:38 | Report Abuse

regardless rain or shine, war or tech sell off Technax remains the same...perhaps in deep slumber

ID007

601 posts

Posted by ID007 > 2022-02-24 11:29 | Report Abuse

sell all ke?

adamdacutie

1,455 posts

Posted by adamdacutie > 2022-02-25 12:16 | Report Abuse

I gave up on technax... Too long.. Not to capitilize this opportunity for oil boom

Jackkin

235 posts

Posted by Jackkin > 2022-02-28 17:48 | Report Abuse

@adamcutie u need to hold until end of the year to see the result

Posted by tikuskecik > 2022-02-28 22:56 | Report Abuse

i kena trap lama dah ....no cut ...sleep until now ......

Vicky

1,580 posts

Posted by Vicky > 2022-03-01 09:07 | Report Abuse

another sleeping beauty Technax.

dmksn

686 posts

Posted by dmksn > 2022-03-01 11:51 | Report Abuse

I would say hold till mid of 2022, then will see bearing fruit. Increase of revenue is one good sign after business transformation since Dec'20.

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