MINETECH RESOURCES BHD

KLSE (MYR): MINETEC (7219)

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Last Price

0.165

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


16 people like this.

13,957 comment(s). Last comment by paktua73 8 minutes ago

CoffeeMilo

112 posts

Posted by CoffeeMilo > 22 hours ago | Report Abuse

Hold , red QR coming , buy the dip.

chicken77

15 posts

Posted by chicken77 > 22 hours ago | Report Abuse

Somehow i think Eagle77 is pro.
He successfully predicted the up and down of Minetec.

MarioBros

267 posts

Posted by MarioBros > 21 hours ago | Report Abuse

Pak Tua, on Isaham, they show that qr will release today. Hopefully it is true

paktua73

17,886 posts

Posted by paktua73 > 21 hours ago | Report Abuse

hopefully MarioBros...
base on current wave
mcm not good jer..


tut tut
hurm..

Eagle77

2,841 posts

Posted by Eagle77 > 21 hours ago | Report Abuse

Bjland qr red 🩸Abg is a Director in Bjland…so what is the result of Minetec qr???

CalvinK

50 posts

Posted by CalvinK > 21 hours ago | Report Abuse

Mario Bros, can have link here?

DatoT20

209 posts

Posted by DatoT20 > 21 hours ago | Report Abuse

The next quarterly report's results, whether they're good or bad, won't really change things much for Minetec. It's important to look at the bigger picture, not just one report. Abang just became the boss of MINETEC last month. There's not much anyone can do in just one month to make the next report look great.

We should really be paying attention to what's happening in Sarawak. Minetec is going to do well because of these changes. The old days under Taib are done, and now it's Abang Jo's time. It's smart to invest in companies that will grow with Abang Jo's plans. That's the way to go.

DatoT20

209 posts

Posted by DatoT20 > 21 hours ago | Report Abuse

Just a reminder, last month MINETEC got a huge contract extension worth RM250 million, which is as big as its entire market value. And that's just for the engineering part of their business.

I think MINETEC will get even more projects soon, especially with the Sarawak Renewable Energy plan coming up.

Eagle77

2,841 posts

Posted by Eagle77 > 21 hours ago | Report Abuse

If results red 🩸definitely people will sell off the shares and it will back to 0.12 or below again…

DatoT20

209 posts

Posted by DatoT20 > 21 hours ago | Report Abuse

I'm not the best at understanding charts and predicting short-term price movements. I'm not sure about the best times to buy or sell. Is 0.165 the lowest point? I really can't say. It could be, or maybe not.

However, I really think MINETEC is changing for the better in 2024. Just look at the huge contract they just landed—it's as big as the company's whole market value! They've never managed to secure a deal this large before. So, I believe this marks the start of a major positive change for MINETEC.

Jetstream

20 posts

Posted by Jetstream > 21 hours ago | Report Abuse

@DatoT20, well said. We should look forward, beyond this coming results.

Eagle77

2,841 posts

Posted by Eagle77 > 21 hours ago | Report Abuse

Everyone just do the prediction only sometimes correct sometimes wrong so do you own research 👌….

madalidia

98 posts

Posted by madalidia > 21 hours ago | Report Abuse

Datot20 agrreed, this coming QR is for the financial year ending Dec2023. Not yet included new chairman/team financial projects because they entered Jan24. Lets clear the previous financial reports , red or green its not impact the new team future plan under new chairman

madalidia

98 posts

Posted by madalidia > 21 hours ago | Report Abuse

Future minetech will be better

CalvinK

50 posts

Posted by CalvinK > 21 hours ago | Report Abuse

Now report out or not out is also the problem😅

Eagle77

2,841 posts

Posted by Eagle77 > 21 hours ago | Report Abuse

Frankly speaking…how long Abg will stay in Minetec??? nobody knows right??? Scib Abg only stayed for 6 months and resigned that’s the scenario…top people always changing we don’t know their plans so be ready in whatever circumstances….

DatoT20

209 posts

Posted by DatoT20 > 21 hours ago | Report Abuse

Abang must have big plans for MINETEC. Why else would he spend so much money to become the main owner and replace the old management?

Check out the chart, find your way in, and wait calmly.

DatoT20

209 posts

Posted by DatoT20 > 21 hours ago | Report Abuse

No one can say for sure how long Abang will stay in MINETEC. He's the majority shareholder now, meaning he owns the company. If he decides to leave, someone else would have to buy from him.

But, I don't think Abang is foolish enough to take over as majority shareholder only to leave after six months. If he wanted short-term gains, he wouldn't need to become a majority shareholder; he could trade in other stocks for quicker profits.

Abang's position in MINETEC indicates his commitment to the long term and his intention to benefit from the SARAWAK Abang Jo era. That's my perspective.

DatoT20

209 posts

Posted by DatoT20 > 20 hours ago | Report Abuse

Does anyone here know about charts? Maybe you can suggest others when to buy more shares? I think everyone here must be interested in this stock, or they wouldn't be on this forum.

Eagle77

2,841 posts

Posted by Eagle77 > 20 hours ago | Report Abuse

One more thing have to put into attention guys…nowadays modus operandi of cunning operators/manipulators are extremely dangerous and they are targeting stocks below 0.50 to manipulate just like what happened recently…so at first I’m also so confident but when this fatal cunning market manipulation happened I don’t want to promote as before because I knew the real market scenario nowadays guys 😎✌️
Again do your own research on everything you going to invest or investing ✌️

Posted by Lee Chee Wee > 18 hours ago | Report Abuse

I think results is discounted, whether good or bad wont hv much impact. If bad, price goes down can buy cheap and hold for 1 year. We want to see what the new management can do for future projects and earnings.

paktua73

17,886 posts

Posted by paktua73 > 18 hours ago | Report Abuse

yes.. paktua agree with datoT20..
we know look on future with serawak State vision..


tut tut
next 3 qr will see good result

chicken77

15 posts

Posted by chicken77 > 18 hours ago | Report Abuse

listen to the voice deep inside of your heart. Something is wrong, you know it.

Ai85

35 posts

Posted by Ai85 > 17 hours ago | Report Abuse

Agreed DatoT20

willsmith

192 posts

Posted by willsmith > 16 hours ago | Report Abuse

Big ship need time to turn, even with new captain and crew. The next few Qtr eps has no relevance. You think Abang take over so that he can make quick money in 6 months? At 40+ yo, this is his 1st foray as captain of his own ship, he got muka to jaga and point to prove. Plus backing from navy Grand Admiral, his daddy. Just imagine if he fail at minetch, he cannot show his face.

You think 18c is the best it will do once the fruits start coming in? Problem is how many of us have the patience, to hold while seeing other counter (like YTL or even Mtec) move up n up? Those who can buy and hold, really have advantage.The potential upside is vast vs potential downside. In 1-2 years we will see the seed grow. In the meantime, let the traders make a few sen here, lose a few sen there and some of them they brag about their 'success' and how smart they are.

MarioBros

267 posts

Posted by MarioBros > 16 hours ago | Report Abuse

CalvinK

Mario Bros, can have link here?
U can check Isaham.my. on the chart there it show that quarter report on 27feb

MarioBros

267 posts

Posted by MarioBros > 16 hours ago | Report Abuse

DatoT20, I do think when Abng Izzarin go to SCIB, his intention was to take the company but maybe it not goes well and he choose minetec instead. With the Taib era have gone, its time for new era and the way I see it, Minetec will have huge benefit from it. Price drop, buy more for investment. After a year who know we can be millionaire if Minetec can do like CMSB

Ai85

35 posts

Posted by Ai85 > 15 hours ago | Report Abuse

Buy and hold. Wait and See. Be patient and hope for the best. Please do not buy if cant hold

Kennedy72

41 posts

Posted by Kennedy72 > 15 hours ago | Report Abuse

You never know when the operators will push this stock. Good fundamental with strong leadership. Anything can happen anytime. Just hold for 1 year n wait n see

DatoT20

209 posts

Posted by DatoT20 > 15 hours ago | Report Abuse

Yes, you're correct. When Abang joined SCIB, his aim was to eventually take over the company. However, because SCIB and his vision didn't align, he left.

Abang then chose to get involved with MINETEC, acquiring a majority stake and negotiating with the previous owner to step down. The ESOS you saw earlier was part of this agreement.

Now that Abang has secured his position, all that's left is to wait for more projects to come to MINETEC.

DatoT20

209 posts

Posted by DatoT20 > 14 hours ago | Report Abuse

Sarawak's energy sector is experiencing significant development. MINETEC currently holds a market cap of 300 million. Just last month, they secured a contract worth 250 million, equivalent to the entire market cap.

Imagine the impact if Abang secures a billion-dollar project for MINETEC in Sarawak. The company's topline and earnings could skyrocket.

DatoT20

209 posts

Posted by DatoT20 > 14 hours ago | Report Abuse

That's the challenge with timing. No one knows when the operator will decide to push the price. Even if you manage to catch a bottom or top once or twice, it's largely luck. The real issue arises when the share price starts moving significantly, and you end up missing out.

In cases like this, it's often best to hold and refrain from taking action. If the price declines, you can consider buying more. If you don't have the funds to buy, just wait patiently.

DatoT20

209 posts

Posted by DatoT20 > 14 hours ago | Report Abuse

Investing in SARAWAK-themed companies is clearly promising. Just like in Johor where you have stocks like YTL, IWCITY, UEM, and others related to property due to the rapid development in Johor City.

However, in Sarawak, there aren't many companies directly linked to the region, except for those from the ex-TAIB era. One notable exception is MINETEC, given that Abang Jo's son is the owner. Another one is KKB, well-known as a GPS-related counter.

The majority of other stocks are heavily associated with TAIB or the Karim scammer, making them less attractive for investment.

DatoT20

209 posts

Posted by DatoT20 > 14 hours ago | Report Abuse

In his recent interview, Abang mentioned that he had given himself a six-month probation period to implement changes, introduce new ideas, and adopt innovative approaches for the benefit of SCIB. However, due to differences in business direction and visions between SCIB and Abang, he decided to step down.

Regarding MINETEC, Abang stated that he is focusing on telecommunications and digital infrastructure projects. Once a collaboration or deal is finalized, he will announce it on BURSA.

you can refer to his interview with STARBIZWEEK 27 January 2024

Zazzyy

197 posts

Posted by Zazzyy > 12 hours ago | Report Abuse

Eagle changed into a crow now questioning Abang in bjland also see red results why should Minete h be different 🤣

Eagle77

2,841 posts

Posted by Eagle77 > 12 hours ago | Report Abuse

Better I question rather than overconfident and the shares plunged 🩸🩸🩸 until u lost your underwear Zazzyy 🤣🤣🤣

Eagle77

2,841 posts

Posted by Eagle77 > 12 hours ago | Report Abuse

Nowadays don’t overconfident guys after the modus operandi by the cunning market manipulators…u all already saw the fatal day recently

Zazzyy

197 posts

Posted by Zazzyy > 12 hours ago | Report Abuse

share manipulator always around nothing new . forummers comments are the ones who we should be careful and not be swayed .

Eagle77

2,841 posts

Posted by Eagle77 > 12 hours ago | Report Abuse

SCIB up ⬆️ from 0.11 to 1.20 and plunged to 0.235 in 3 consecutive days LU 🩸🩸🩸⬇️⬇️⬇️

Eagle77

2,841 posts

Posted by Eagle77 > 11 hours ago | Report Abuse

Zazzy u foolish u think this forum can move share up n down 🤣🤣🤣 childish…u n me n others are nothing but the share run by operators la🤣🤣🤣

Eagle77

2,841 posts

Posted by Eagle77 > 11 hours ago | Report Abuse

I would like to flashback how SCIB started rise from 0.14 to 0.28 to 0.40 when news about Abg Izzarim joined the BOD as chairman…almost everyday up 1,2 cents without fail even though many naysayers shouting down, talking negative about the stock but its rising non stop till 1.20 that what we called being manipulated by operators ok…

Minetec rose from 0.035 to 0.245 without good news so who run it of course hidden operators by using Abg as news..similar like SCIB before…that’s the reality scenario..

Eagle77

2,841 posts

Posted by Eagle77 > 11 hours ago | Report Abuse

My observation is that YTL/YTLP also now run by the big operators using a lot of news to attract buyers but remember it will plunge when they (manipulator operators) achieved their target share will ⬇️⬇️⬇️🩸🩸🩸☠️

Depeche

4,440 posts

Posted by Depeche > 10 hours ago | Report Abuse

Minetec looks like it's all hype....QR play easier

Posted by EatGreen40 > 9 hours ago | Report Abuse

0.165 is best support.. hopefully by end of this week has some good news.

Zazzyy

197 posts

Posted by Zazzyy > 8 hours ago | Report Abuse

if comments here are useless then why promote so hard .

BILLC

2,019 posts

Posted by BILLC > 8 hours ago | Report Abuse

Promoters just like politicians always speak with the forked tongue,,,,haha,,,,

MarioBros

267 posts

Posted by MarioBros > 6 hours ago | Report Abuse

There are operator here disguise as trader and promote or cause chaos in forum to trap retailer. Just follow your trading plan. If you guys think this stock can go higher, dont listen to cheap talk here

Eagle77

2,841 posts

Posted by Eagle77 > 27 minutes ago | Report Abuse

Last time no forum share also rose so…people nothing to do chit chat in the forum so what the big deal…some forum quiet but share keep on rising so…

paktua73

17,886 posts

Posted by paktua73 > 8 minutes ago | Report Abuse

morning..
likely qr will release on 29hb..


tut tut
hope more good news will release also

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