Posted by strattegist > 2021-02-23 17:27 | Report Abuse

hohoho

Posted by Kanenites > 2021-02-23 19:08 | Report Abuse

ting tang ting tang alexander

Posted by PunTatBerSiul > 2021-02-23 19:09 | Report Abuse

Stock Hehehehehe...

Posted by strattegist > 2021-02-24 09:38 | Report Abuse

bawang ooo bawang

Posted by strattegist > 2021-02-24 12:34 | Report Abuse

hohoho

Posted by Uncle_market > 2021-02-24 12:44 | Report Abuse

Wer is the Q report , turn black or always red

Posted by Gerard Lam > 2021-02-24 12:52 | Report Abuse

Minetech should benefit from the recovery in market conditions. They are the only listed player that supplies bitumen and asphalt for import and export. Bitumen prices has been on uptrend.

There is also a shortage of bitumen worldwide.

Acquisition of Fintech company, likely to be Orpheus Capital, is likely to further boost its value.

Dato Awang has also been engaging with Kazakhstan counterparties for solar and oil projects.

Upside for Minetech could be very strong

Posted by farisfx54 > 2021-02-24 13:07 | Report Abuse

Satu hehehe lagi satu hohoho itu je

Posted by strattegist > 2021-02-24 15:58 | Report Abuse

hohoho

Posted by apprentice87 > 2021-02-24 16:41 | Report Abuse

reversal pattern today?

Posted by strattegist > 2021-02-24 17:22 | Report Abuse

closed flat...bawang keras

Posted by Kanenites > 2021-02-24 17:33 | Report Abuse

Heeeeeeiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii!!!!!!!!

Posted by diamond99 > 2021-02-24 18:09 | Report Abuse

QR out. Small profit rm232k. Better than red la

Posted by Valgrovest > 2021-02-24 20:56 | Report Abuse

i like Bawang's statement. Seems quite comforting. Hope share price will go north from now on .

Please have a read of the attached:

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=112016&name=EA_GA_ATTACHMENTS

Posted by Kanenites > 2021-02-24 21:06 | Report Abuse

bawang photo at the last page is so beautiful. gud job bawangian, let us support bawang. buy more bawang.

Posted by gelong > 2021-02-24 21:46 | Report Abuse

Untung besaq..limit app

Posted by peterchua > 2021-02-24 22:10 | Report Abuse

Commendable result, disebabkan MCO. Small profit is still a profit.

The press release is quite interesting:

1. Promote Bawang past and present achievement, after taking over the management. IMO, should elaborate more on how much revenue from current project, how much remaining orderbook, and management initiative to secure more construction contracts.
2. Put a big picture of bawang...hahaha, this is quite funny as it is 1st time to see this. better put the handsome face in annual report la.
3. There is a forward looking statement about diversifying into fintech business. This is great but bawang should be more careful releasing sensitive information, as the news only published in newspaper but not officially announced to Bursa

Posted by Ron90 > 2021-02-25 01:53 | Report Abuse

less than a year..transformation alread bear some fruits.. more to come from bawang, nx week would be the jv announcement. ..maybe with mpay.

Posted by GoldenHarvest1 > 2021-02-25 04:04 | Report Abuse

got big money kambing aah

Posted by strattegist > 2021-02-25 09:33 |

Post removed.Why?

Posted by gelong > 2021-02-25 10:18 | Report Abuse

Lombong mari...

Posted by Kanenites > 2021-02-25 10:20 | Report Abuse

wuhuuuuuuuuuuuuuuuuuuuuuiiiiiiiiiiiiiiiiiiiii

Posted by gelong > 2021-02-25 11:03 | Report Abuse

Mare mare mare....wang mas

Posted by strattegist > 2021-02-25 11:40 | Report Abuse

hohoho

Posted by gelong > 2021-02-25 12:29 | Report Abuse

Berada di awang awang....cepat tangkap.

Posted by Valgrovest > 2021-02-25 12:49 | Report Abuse

Latest results very good and Bawang's statement so positive...but share price not moving. Need Bawang to walk the talk and eat up all the sellers !!

Posted by apprentice87 > 2021-02-25 15:25 | Report Abuse

lambat liao kaunter ni. banyak seller main2 . market depth pun tebal.

Posted by Michael R. > 2021-02-25 16:42 | Report Abuse

Gogogo.. MPAY bullish... financier for MINETEC!!!!

Posted by strattegist > 2021-02-25 16:47 | Report Abuse

hohoho

Posted by strattegist > 2021-02-25 17:22 | Report Abuse

closed flat

Posted by 156563 > 2021-02-25 17:54 | Report Abuse

收票吧，业绩好不一定会立即上升，耐心下等吧，

大鱼收票夠了就大力推上了

Posted by Kanenites > 2021-02-25 19:09 | Report Abuse

Bangun budak flat bangun budak flat

Posted by Legend > 2021-02-25 21:36 |

Post removed.Why?

Posted by apprentice87 > 2021-02-26 09:08 | Report Abuse

Legend. Serupa macam makan gaji wor

Posted by Uncle_market > 2021-02-26 09:41 | Report Abuse

Kopi panas satu

Posted by strattegist > 2021-02-26 09:55 | Report Abuse

hohoho

Posted by Kanenites > 2021-02-26 10:42 | Report Abuse

haiaya ahaiayaya haiiiiia yaaaaa

Posted by strattegist > 2021-02-26 17:22 | Report Abuse

closed flat

Posted by 156563 > 2021-03-01 00:16 | Report Abuse

要来了，存票

Posted by strattegist > 2021-03-01 09:36 | Report Abuse

hohoho

Posted by Gerard Lam > 2021-03-01 13:51 | Report Abuse

Minetech Resources Berhad, a company closedly linked with Serba Dinamik's director, Datuk Awang bin Putera, has seen its price rose to all time high last July-August at RM0.355, before correcting at current levels at RM0.19.

The company had recently announced its 3rd quarter results that reflected a turnaround into a commendable profit of RM0.238mil.

Outlook:

Datuk Awang stated in the quarter results release that he is confident that Minetech will be able to record growth in leaps and bounds in the immediate future:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3132066

Why is this so? It could be due to his confidence in Minetech's fintech venture and disposal of quarry segment business:

Fintech venture:

- Datuk Awang in his announcement to Bursa Malaysia mentioned that Minetech is in the process of acquiring a local fintech technology solutions company that specialises in a suit of payment solutions that has strong networks with two local banks.

- Datuk Awang currently sits on board of Orpheus Capital, a local fintech invoice and payment solutions company. Based on channel checks, the company is poised for enormous growth due to its potential in a proxy for digital banking.

- Valuation of this fintech company could fetch Minetech at least RM50-RM60mil annual profit per annum.

Disposal of loss making quarry segment:

- Based on the latest annual report, all quarry segment has been classified as discontinued operations and assets held for sale. This means that the quarry segment shall be disposed off by Q4 (Year end).

- On disposal, Minetech will no longer take into account losses from quarry segment and potentially recognise a one off gain on disposal.

Bitumen segment:

- Minetech's bitumen segment is in line with the recovery of Malaysia's economy.

- Bitumen prices has sky rocketed inline with global oil prices recovery.

- Note that Minetech is the only listed bitumen supplier that exports overseas.

- 3rd quarter results showed that Bitumen segment recorded a 77% rise quarter on quarter

Solar segment:

- Minetech's maiden venture into solar is expected to begin contributing to profits in the next quarter

Overall:

Based on potential Fintech venture alone, Minetech could be potentially worth RM0.65

Fintech venture = RM50mil profit / 1,165mil shares = RM0.043 (EPS)

At 15 PE = RM0.65

This is excluding profits from existing segments - Civil Engineering, Bitumen and Solar.

Posted by Gerard Lam > 2021-03-01 13:52 | Report Abuse

https://klse.i3investor.com/blogs/GLam/2021-03-01-story-h1541949138-Minetec_Potential_DNex_like_turnaround.jsp

Posted by strattegist > 2021-03-01 15:32 | Report Abuse

bawang oooo bawang

Posted by bleuerouge > 2021-03-01 17:09 | Report Abuse

joined in, lets wait for rebounce

Posted by Ron90 > 2021-03-01 17:18 | Report Abuse

buy la ..this week sure meletop after JV announcement

Posted by strattegist > 2021-03-01 17:26 | Report Abuse

hohoho

Posted by fixul19 > 2021-03-01 17:30 | Report Abuse

minetech jv with uniqa?

Posted by Kanenites > 2021-03-01 18:10 | Report Abuse

You suka?

Posted by Michael R. > 2021-03-01 18:14 | Report Abuse

staging again for bullrun..

Posted by Gerard Lam > 2021-03-01 18:29 | Report Abuse

Uniqa is a global fintec company with presence across ASEAN nations and China.

They could be in for applying Digital Bank license with one of their China bank partner.

If Digital bank is successful, their value should sky rocket