Posted by brennan > 2022-04-29 00:04 | Report Abuse

31/5/2022 AGM wanna discuss Buy Back Share issue.Good or bad?

Posted by Holy Cow > 2022-04-29 08:35 | Report Abuse

Share buybacks are generally seen as less risky than investing in research and development for new technology or acquiring a competitor; it's a profitable action, as long as the company continues to grow. Investors typically see share buybacks as a positive sign for appreciation in the future.

Posted by Holy Cow > 2022-04-29 08:37 | Report Abuse

Source of info. https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp#:~:text=Share%20buybacks%20are%20generally%20seen,for%20appreciation%20in%20the%20future.

Posted by Jackkin > 2022-04-29 12:02 | Report Abuse

Everyday top volume.. Dompeilee, pls give some comments

Posted by Potato > 2022-04-29 12:36 | Report Abuse

Everyday add 0.005....wonderful

Posted by HungryLokLok > 2022-04-29 12:45 | Report Abuse

slowly steady

Posted by kentrade888 > 2022-04-29 12:49 | Report Abuse

It may be to attract retail investors and then the bookmakers will arbitrage.

Posted by stockraiders > 2022-04-29 13:35 | Report Abuse

Already well controlled by bankers, expect to break new highs sooner or later.

Posted by cK1973 > 2022-04-29 14:51 | Report Abuse

Strong at 12.5. Waiting at 20. Good luck guys

Posted by ID007 > 2022-04-29 18:54 | Report Abuse

Fly till 0.3

Posted by adamdacutie > 2022-04-30 09:37 | Report Abuse

Dompeilee is licking her dimples now later will say speculative buy ..

Posted by ID007 > 2022-05-02 10:00 | Report Abuse

bursa open on wed or thurs?

Posted by 21spade > 2022-05-04 13:45 | Report Abuse

thursday

Posted by 21spade > 2022-05-04 13:45 | Report Abuse

is Technax doing share buy back?

Posted by wan > 2022-05-05 10:17 | Report Abuse

TECNAX six digit queue parking damn heavy like a old elephants not a good stock

Posted by wan > 2022-05-05 10:19 | Report Abuse

Market low volume stock daily average volume traded below 100000... queue six digit not a good stock.

Posted by ID007 > 2022-05-05 22:13 | Report Abuse

tmrw power up

Posted by abcb > 2022-05-06 11:05 | Report Abuse

Risky but worthwhile to be big on Technax?
Technax has been seeing ridiculously high trading volume in recent days.The counter was trading at 52-week low of 6.5 sen but shot up to touch a year high of 14 sen recently.That's more than double in less than 3 weeks.
With such a amazing run,investors would likely be tempted to ride on the upward momentum.But is this a ploy to 'push up' the counter,testing markets with high volume.
We have witnessed the start of the "wave" as droves of investors started queing to get a piece of the action at the intelligent digital ecosystem and energy storage solutions provider.
Some investors are worried that the heightened interst in Trchnax may be not sustainable given the lackmof positive development.
In addition ,the company still in the red.
For the financial year ended DEC31,2021,Technax managed to narrow its net loss to RM154.7 million from RM182 million in the previous year despite posting higher revenue of RM50.2 million
Any run-up in penny stocks like Technax without concrete positive news and still loss-making will be a major turn off for many investors.
This is especially the association of Technax Datuk Jared Lim with the penny-stock crash in Singapore in 2013.
back then,the Singapore authorities investigated suspected trading irregularities in companies in the centre of a peeny stock crash.
share prices in Blumont Group,LionGold Corp and Asiasons Ltd crashed on October 2013,wiping out around S$8 billion in market value in just two days after huge run-ups.
jared is a co-founder of Asiasons together with Tan Sri Mohammed Azlan Hashim,who is currently a director of khazanah Nasional and formerly the executive chairman of the Kuala Lumpur Stock exchange.
Meanwhile,Jared's wife,Dian Lee-daughter of Malaysian property tycoon Lee Kuan Yew,who founded Malaysia-listed Country Heights Holdings-is linked to Clearwater Developments,which owns a 7% stake in Bluemont.
These are of course history but it's perfectly normal for many investors to be cautious given the highly volatile share price ,especially in the past 3 months or so as well as the company's high cash burn rate.
Given the perceiveable risks involved,investors may be better off staying clear of Technax for now until it can turn around and can be profitable for a sustained peroid of time

Posted by Bright888 > 2022-05-09 12:05 | Report Abuse

Buy.

Posted by B4b4 > 2022-05-09 13:29 | Report Abuse

Buy buy now

Posted by fittneo > 2022-05-09 14:44 | Report Abuse

wondering how far will this counter go....

Posted by Jackkin > 2022-05-09 17:46 | Report Abuse

Everyday top volume.. dompeilee, can u explain why

Posted by ID007 > 2022-05-09 19:13 | Report Abuse

one day will shoot den dump

Posted by ID007 > 2022-05-12 19:42 | Report Abuse

holy market

Posted by Justmeme > 2022-05-13 09:40 | Report Abuse

Careful... appear to be distributing

Posted by brennan > 2022-05-13 10:35 | Report Abuse

good sign???

Posted by 21spade > 2022-05-13 13:14 | Report Abuse

ESOS must clear maybe thn can up

Posted by ID007 > 2022-05-17 12:01 | Report Abuse

why throw

Posted by dompeilee > 2022-05-17 15:47 | Report Abuse

Jackkin Everyday top volume.. dompeilee, can u explain why
09/05/2022 5:46 PM
HuhuHUUUUU...Everyday Jokekin's idol Jared the carrot was distributing...2day DUMPPPP everything!!! loOOOOl

Posted by eatsmall > 2022-05-17 15:48 | Report Abuse

apa..

Posted by dompeilee > 2022-05-17 15:49 | Report Abuse

I bought @ 8c & got out too early @ 10c...no regrets =)

Posted by dmksn > 2022-05-17 15:56 | Report Abuse

Water blower detected.

Posted by dompeilee > 2022-05-17 15:59 | Report Abuse

Where r u Jokekin?

Posted by inOutinOut > 2022-05-17 16:12 | Report Abuse

buy

Posted by ID007 > 2022-05-17 16:47 | Report Abuse

so fast

Posted by dompeilee > 2022-05-17 17:19 | Report Abuse

NTA zero going to -ve...caveat emptor!

Posted by Tipster > 2022-05-17 17:45 | Report Abuse

What happened? Why the dump? CFO just bought 100k recently, a cover up?

Posted by PennyStock123 > 2022-05-17 17:58 | Report Abuse

game over

Posted by Vicky > 2022-05-17 18:54 | Report Abuse

Hehehehe.... Technax back to sleep again. Hopefully will wake up again tomorrow

Posted by Jackkin > 2022-05-17 20:34 | Report Abuse

Take it easy Dompeilee... dun get excited because it drop few cents

Posted by dompeilee > 2022-05-17 20:43 | Report Abuse

Few cents = 30%

Posted by Winer21 > 2022-05-18 03:19 | Report Abuse

Today up till 12 cents

Posted by dompeilee > 2022-05-18 09:02 | Report Abuse

DOWNNNN another 35% huhuhuuuu

Posted by Holy Cow > 2022-05-18 09:08 | Report Abuse

Possible drop due to esos? staff try to cash out.

Posted by nicholas99 > 2022-05-18 09:09 | Report Abuse

gg.com close file.

Posted by abcb > 2022-05-18 09:16 | Report Abuse

Share consolidated or PN17?

Posted by eatsmall > 2022-05-18 09:55 | Report Abuse

adoi..sendiri consilidated open gap down 2sen at 6sen...

Posted by birkincollector > 2022-05-18 09:58 | Report Abuse

wah LKY daughter denied involvement with singapore John Soh case.....why the husband counter now behave like one

Posted by Milo Ais > 2022-05-18 10:11 | Report Abuse

Holy Cow, dropped due to CHHB's crash

Posted by dompeilee > 2022-05-18 10:16 | Report Abuse

I think it's the other way around.