IQ GROUP HOLDINGS BHD

KLSE (MYR): IQGROUP (5107)

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Last Price

0.64

Today's Change

-0.005 (0.78%)

Day's Change

0.585 - 0.64

Trading Volume

2,100


5 people like this.

1,873 comment(s). Last comment by gladiator 2024-09-13 12:51

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 10:16 | Report Abuse

Not many retailers have shares to throw...can't even reach 1 mil vol even tho limit up....Easy to corner =)

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 10:19 | Report Abuse

Foing siling's cost is damn high...definitely higher than 2.00. After averaging down 2day on a small amt of old shares bought @ 1.17, my combined average is just a shade over 90c =)

khuen

231 posts

Posted by khuen > 2020-08-28 10:34 | Report Abuse

coldeye had already cut loss and sold all

Posted by SolozoPakSamad > 2020-08-28 10:42 | Report Abuse

ady freeze from any buying activity ?

Posted by foreverchung > 2020-08-28 14:18 | Report Abuse

Limit up, you're at the mercy of whoever that sells if you queue I guess.

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 14:28 | Report Abuse

Whoever sells now is plain dumb...or too cash poor...LoL!

LA777

3,383 posts

Posted by LA777 > 2020-08-28 14:44 | Report Abuse

I will continue to buy up next week, cheers!

Posted by foreverchung > 2020-08-28 14:53 | Report Abuse

TP 1.2 lets goooooo although next week can start at Rm1.05 first..

Safe TP = RM1.2 for me :)
Modest TP = RM1.5 for me :)
Bet on next QR TP = RM1.8 for me :)
Bet big on next QR TP = RM2 for me :)
Cut loss TP = nope
Hotel? = Trivago

Posted by LeftHand_of_God > 2020-08-28 15:03 | Report Abuse

ohmaigods foreverchung, really give u say till limit up.. thanks chung

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 15:08 | Report Abuse

Very likely to open @ 1.05 on mon...whoever sells now gives the lucky buyer who gets the shares free $$$ lol

Doushan

83 posts

Posted by Doushan > 2020-08-28 15:16 | Report Abuse

Guys....rember the limit up volume today is still small compare to the most active counters

Posted by fullblack28 > 2020-08-28 15:16 | Report Abuse

we talk about it yesterday... limit up liao....
btw monday PH, need to wait Tue

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 15:20 | Report Abuse

Those who already sold...yooo shtooopeeeeed lol

Posted by fullblack28 > 2020-08-28 15:23 | Report Abuse

I am agreeing with Foreverchung

+company nett cash
+company switch back to low mix high volume
+high volume = -production cost = profit

solid evidence supported by recent QR, with the combination, what do you think the share price will become?
investing when it's at low price, true value investment, join before everyone speculate this counter, cheer mate...

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 15:25 | Report Abuse

Monday tuesday doesn't matter la...already made a windfall for August thanks to a concentrated bet on diversifying-into-Covid-panels AHB...I don't mind waiting even for a week =)

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 15:29 | Report Abuse

No more sellers since 3:01:25pm. Guess they grew some brains lol...unless the index drop 20+ points...then kan cheong spiders will panic & sell more...

Posted by foreverchung > 2020-08-28 15:31 | Report Abuse

some of my mates still queuing dun discourage the fence sitters lol

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-28 15:37 | Report Abuse

IQ is an ultra small cap...not every tom dick & harry got shares to sell

Posted by foreverchung > 2020-08-28 15:38 | Report Abuse

IQ is an ultra small cap... << for now huehuehuehue

jwyap

838 posts

Posted by jwyap > 2020-08-29 12:33 | Report Abuse

Gogogo to rm1

khuen

231 posts

Posted by khuen > 2020-09-01 09:21 | Report Abuse

Good, limit up again!

LA777

3,383 posts

Posted by LA777 > 2020-09-01 09:26 | Report Abuse

Yes, double limit up!

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 09:29 | Report Abuse

i got it today....yes yes

dompeilee

11,888 posts

Posted by dompeilee > 2020-09-01 09:33 | Report Abuse

SOLD some IQ Group @ double limit up price 1.05 =)

Posted by LeftHand_of_God > 2020-09-01 09:38 | Report Abuse

Thank you sifu chung daikor, thank you for allowing me into your group and earn 100% in 1 week.

Thank you. I am stunned really.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 09:48 | Report Abuse

i am gonna hold....because so small share available for share....it will keep going up...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 09:48 | Report Abuse

limited share available for trading, i meant

Doushan

83 posts

Posted by Doushan > 2020-09-01 10:02 | Report Abuse

Kay Guys closed shop , scurry off pls

Doushan

83 posts

Posted by Doushan > 2020-09-01 10:03 | Report Abuse

Another another limit up wil 2 mil volume compare that to XOX or other counter volume and think about it for a moment let it sink in

Posted by foreverchung > 2020-09-01 10:05 | Report Abuse

Congrats to those who managed to sell, for those who still sitting here, remember; 做人要定,大便要硬

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 10:12 | Report Abuse

so far...only 20k lot trading....why so little?

wkkht

957 posts

Posted by wkkht > 2020-09-01 10:14 | Report Abuse

Don't expect limit up tomorrow.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 10:15 | Report Abuse

expected...because no more 30cent limitup mah...

now 30% limitup...right ? since over rm1.....if it close above rm1 today lah

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 10:16 | Report Abuse

what the news on this company wor?
So little share trading and it move like crazy.

khuen

231 posts

Posted by khuen > 2020-09-01 10:20 | Report Abuse

It's just starting to turnaround the profit, why sell so early?

dompeilee

11,888 posts

Posted by dompeilee > 2020-09-01 10:31 | Report Abuse

Sell some only...still got the bulk of my stake waiting for higher prices...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 10:40 | Report Abuse

ahh..just profit...ok..
Since so little share trading ....good for keeps..

wkkht

957 posts

Posted by wkkht > 2020-09-01 10:43 | Report Abuse

KUALA LUMPUR (Aug 28): IQ Group Holdings Bhd and Kwantas Corp Bhd share prices closed up at their intraday high, as investors weighed the former's first quarter financials and evaluated the latter's planned privatisation.

At 5pm, IQ, which manufactures lighting and security products, closed up 30 sen or 66.67% at 75 sen to hit limit up.

Meanwhile, oil palm plantation firm Kwantas rose 29.5 sen or 34.5% to RM1.15.

Yesterday (Aug 27), IQ reported that net profit stood at RM1.78 million for the first quarter ended June 30, 2020 versus a net loss of RM3.14 million a year earlier.

IQ said revenue rose to RM38.86 million from RM30.43 million. Its latest-reported net assets per share stood at RM1.40.

Meanwhile, the buying frenzy in Kwantas shares started yesterday (Aug 27), following Kwantas' announcement on Wednesday (Aug 26) that the company received a letter from major shareholder Kwan Ngen Wah, who requested Kwantas to undertake a selective capital reduction and repayment (SCR) at RM1.65 a share.

Kwan said in his letter to Kwantas directors that he wrote the letter to submit his proposal to privatise Kwantas via the SCR.

Edited by Chong Jin Hun

Posted by fullblack28 > 2020-09-01 10:46 | Report Abuse

@forever, thanks sifu... grats to everyone who still holds the stock/buy in earlier... limit up!

Doushan

83 posts

Posted by Doushan > 2020-09-01 10:55 | Report Abuse

Well get in before any reads the news ... cause volume now 2m , compare to the active stonk of today that have at least 10 mil

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 10:56 | Report Abuse

ok...close shop liao....Limitup
total trading 22,507

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 11:00 | Report Abuse

total 2.25 million traded

Doushan

83 posts

Posted by Doushan > 2020-09-01 11:04 | Report Abuse

limit up twice and it hasn't reach 10 mil volume just let this thought sink in awhile , but major resistance level is MYR 2 level

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 11:10 | Report Abuse

very little share change hand....it will continue to go up once reaching near 10 million possibly..

when it start to rocket.....total trading still very low ....
Chances sharks..baby shark..grandpa shark whatever ikan bilis....didn't aim for this cpunter at all.

it will then comfortable go up 1st at rm1.50 before zooming towards rm2

Doushan

83 posts

Posted by Doushan > 2020-09-01 12:31 | Report Abuse

Minor resistance area 1.165-1.225 , if it breaks then we'll see it reach 1.5 first

Doushan

83 posts

Posted by Doushan > 2020-09-01 12:31 | Report Abuse

Then after 1.5 its all the way to RM 2 , bear in mind the masses has yet to enter

Doushan

83 posts

Posted by Doushan > 2020-09-01 12:32 | Report Abuse

And now counter has met limit freeze

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 12:48 | Report Abuse

ok ..all Sifu here....Good info...
Tomorrow freeze limit..right if today close limitup again.

Posted by foreverchung > 2020-09-01 13:23 | Report Abuse

Today if limit up, tomorrow freeze limit. If Thursday limit up, BURSA big bro will come knock door and ask small bilis to fk off.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-09-01 14:00 | Report Abuse

hahahaha okok.@foreverchung....
Damn BURSA

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