TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.13

Today's Change

+0.005 (4.00%)

Day's Change

0.125 - 0.135

Trading Volume

743,000


10 people like this.

24,278 comment(s). Last comment by cK1973 1 day ago

21spade

186 posts

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

is Technax doing share buy back?

wan

47 posts

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

wan

47 posts

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.

ID007

599 posts

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

tmrw power up

abcb

2,974 posts

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

Bright888

119 posts

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

Buy.

B4b4

7,588 posts

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

Buy buy now

fittneo

138 posts

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

wondering how far will this counter go....

Jackkin

235 posts

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

Everyday top volume.. dompeilee, can u explain why

ID007

599 posts

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

one day will shoot den dump

ID007

599 posts

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

holy market

Justmeme

235 posts

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

Careful... appear to be distributing

brennan

169 posts

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

good sign???

21spade

186 posts

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

ESOS must clear maybe thn can up

ID007

599 posts

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

why throw

dompeilee

11,890 posts

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

eatsmall

1,553 posts

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

apa..

dompeilee

11,890 posts

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

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

dmksn

686 posts

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

Water blower detected.

dompeilee

11,890 posts

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

ID007

599 posts

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

so fast

dompeilee

11,890 posts

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

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

Tipster

752 posts

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

Vicky

1,568 posts

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

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

Jackkin

235 posts

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

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

dompeilee

11,890 posts

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

Few cents = 30%

Winer21

913 posts

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

Today up till 12 cents

dompeilee

11,890 posts

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

DOWNNNN another 35% huhuhuuuu

Holy Cow

58 posts

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

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

nicholas99

9,863 posts

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

gg.com close file.

abcb

2,974 posts

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

Share consolidated or PN17?

eatsmall

1,553 posts

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

Milo Ais

255 posts

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

Holy Cow, dropped due to CHHB's crash

dompeilee

11,890 posts

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

I think it's the other way around.

dompeilee

11,890 posts

Posted by dompeilee > 2022-05-18 10:20 | Report Abuse

I'm guessing Jared the carrot's father in law pledged his chhb shares to support taknaikX's share price.

Ppmaster

4,431 posts

Posted by Ppmaster > 2022-05-18 10:28 | Report Abuse

This counter 2 days drop more than 60 % , heavy selling.

Vicky

1,568 posts

Posted by Vicky > 2022-05-18 10:29 | Report Abuse

Looks like a scam counter. Technax need to feed positive news to revive the price

Ppmaster

4,431 posts

Posted by Ppmaster > 2022-05-18 10:30 | Report Abuse

Trader jus throw like shit, open at low 0.55 lose more than 30% with closing price 0.08.

Ppmaster

4,431 posts

Posted by Ppmaster > 2022-05-18 10:33 | Report Abuse

This goreng counter spend one month time to push up the price from 0.07 to 0.12, buy spend one day only from 0.12 to 0.045 . Haha

Ppmaster

4,431 posts

Posted by Ppmaster > 2022-05-18 10:33 | Report Abuse

Really no time for you to think about cut loss.

cicakman

7,345 posts

Posted by cicakman > 2022-05-18 11:26 | Report Abuse

Hanya bolih cakap KESIAN.

cicakman

7,345 posts

Posted by cicakman > 2022-05-18 11:32 | Report Abuse

More down to come cz CHHB need some more to sell.

umxr75

14 posts

Posted by umxr75 > 2022-05-18 11:53 | Report Abuse

stuck

DatoKyle

369 posts

Posted by DatoKyle > 2022-05-18 13:39 | Report Abuse

Time to let go TECHNAX and go for SMTRACK with tp 12 cents end of this week as per DatoKyle !

Posted by HaroldHuong > 2022-05-18 13:41 | Report Abuse

Berani btl ini CUTLOSS

Vicky

1,568 posts

Posted by Vicky > 2022-05-18 15:07 | Report Abuse

Just feed the good news Technax will rise. Brutal selling today

Posted by Sandlejepon > 2022-05-18 15:19 | Report Abuse

Hahahha.ini hammer sudah ada

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