Posted by hohlaiyet88 > 2024-01-05 16:52 | Report Abuse

If PA need 4 convert to 1 mother (0.115 x 4= 0.46), why people still chasing PA? Why not direct buy mother? Thanks

Posted by Tripaka > 2024-01-05 16:52 | Report Abuse

Buy next week on weakness.

Posted by Eagle77 > 2024-01-05 16:57 | Report Abuse

Good closing still makes 0.005 per shares 0.215 ⬆️✅😁🤞

Posted by Eagle77 > 2024-01-05 16:58 | Report Abuse

Flushing out contra players and weak holders 👍

Posted by gohudhud > 2024-01-05 16:59 | Report Abuse

@hohlaiyet88 maybe they dont want to convert it. They want to sell it before the expiry date. Just my 2cents

Posted by gohudhud > 2024-01-05 16:59 | Report Abuse

Minetec rest
Take a deep breath for next week

Posted by Eagle77 > 2024-01-05 17:04 | Report Abuse

Good enough one day up half, one, two cents for next 6 months becomes like SCIB 0.98 ⬆️✅💪😁

Posted by Eagle77 > 2024-01-06 09:36 | Report Abuse

Construction boom 💥 Minetec boom 💥 because all need quarry products, building/road materials ⬆️✅🤞

Posted by rohank71 > 2024-01-06 10:05 | Report Abuse

#hohlaiyet88... the conversion price is also 1 PA+9 sen. (PA issued at 3 sen) so if mother share above 12 sen than every 1 sen mother up PA up 1 sen.

Posted by rohank71 > 2024-01-06 10:08 | Report Abuse

The ICPS may be converted into new Minetech Shares based on the following conversion modes:

(1) Cashless Conversion by surrendering 4 ICPS for conversion into 1 new Minetech Share; or

(2) Cash Conversion by surrendering 1 ICPS and cash payment of RM0.09 for conversion into 1 new Minetech Share.

Posted by rohank71 > 2024-01-06 10:09 | Report Abuse

the above from Bursa Announcement dated..22 Oct 2021

Posted by hohlaiyet88 > 2024-01-06 10:12 | Report Abuse

@gohudhud @rohank71 Thank you for the replied. I sold out too early, but still hold all the mother shares.

Posted by Eagle77 > 2024-01-06 10:23 | Report Abuse

Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: BUILDING MATERIALS

MINETEC = SCIB …both are under same sector & subsector but Minetec got quarry products 💪 mainly used/required by all construction sector 💪💥💥💥

Posted by Eagle77 > 2024-01-06 11:27 | Report Abuse

MINETEC started as a drilling and blasting service in 1977 by the founder, Mr. Michael K S Chin, has since developed into one of the largest aggregate mining business in Malaysia. To date, Minetech Resources Berhad (MRB) operates an expanding network of 9 quarries around Malaysia and overseas. With over 30 years of industry experience, MRB has also positioned itself to provide quality and specialised civil engineering works including drill and blast services, earthworks, road pavement projects and building construction.

Posted by Eagle77 > 2024-01-06 11:38 | Report Abuse

Construction industry margins to improve in 2024, says Kenanga Research

https://theedgemalaysia.com/node/696320

Posted by gohudhud > 2024-01-06 12:00 | Report Abuse

@hohlaiyet88 😀its ok . It was just my thought because the expiry date on oct2026, still have 2 and half years, so maybe they dont plan to hold or convert. Maybe they want to sell before the 2026 . Maybe lahh

But its ok you have mother Lets ride together
Gogogogo minetech🚀🚀🚀🚀

Posted by gohudhud > 2024-01-06 12:05 | Report Abuse

@Eagle77 me too heard about property/constructions sector will come back this 2024. Hopefully it will🚀🚀🚀🚀💥💥💥

Posted by gohudhud > 2024-01-06 12:49 | Report Abuse

@rohank71 is it confirm 0.09s. I just check in MalaysiastockBiz and KlseScreener its stated 0.12. Or is it different value?

Posted by tecktan18 > 2024-01-06 13:21 | Report Abuse

Issue price is 0.03/PA 0.09 becomes 0.12... for 1 mother share

Posted by gohudhud > 2024-01-06 13:22 | Report Abuse

@tecktan18 tqvm

Posted by ktrader > 2024-01-06 14:39 | Report Abuse

@tecktan18, so using the current price of PA and the mother , i am paying 0.03 + 0.10 = 0.13 to get 1 unit of mother which is at 0.20 now?

Posted by Eagle77 > 2024-01-06 14:41 | Report Abuse

@gohudhud Minetec will be one of the main producer/supplier of raw materials for construction sector 💥💥💥⬆️✅💪

Posted by tecktan18 > 2024-01-06 14:48 | Report Abuse

If you buy 1 unit of PA at 0.10 now and pay 0.09 sen then the total will be.0.19 versus the mother 0.215...

Posted by Eagle77 > 2024-01-06 15:01 | Report Abuse

I’m believing very soon there is good news to be announced prior Abg Jo’s son Abg Izzarim sitting on board and lead the company 💪⬆️✅😁

Posted by wilsonliew > 2024-01-06 16:17 | Report Abuse

CABNET - Another M&E company beneficiary of DATA CENTRE Theme & Johor Theme (MNHLDG PEER)

https://klse.i3investor.com/web/blog/detail/stocksforyear2024/2024-01-06-story-h-211327305-CABNET_Another_M_E_company_beneficiary_of_DATA_CENTRE_Theme_Johor_Theme

Posted by ktrader > 2024-01-06 16:45 | Report Abuse

tq tecktan ...no wonder pA can run like the mother!

Posted by Eagle77 > 2024-01-06 17:06 | Report Abuse

Sorry ya this is not CABNET forum please promote it at the right house ok

Posted by Eagle77 > 2024-01-06 17:19 | Report Abuse

Sarawak Boleh ‼️ Abg Izzarim Boleh buat macam SCIB or better more 💪💪💪💥💥💥

Posted by tecktan18 > 2024-01-06 18:18 | Report Abuse

Welcome

Posted by Eagle77 > 2024-01-06 20:49 | Report Abuse

Malaysian Rail Link: RM2.66b worth of ECRL projects given to Bumiputera companies

Posted by Eagle77 > 2024-01-07 07:40 | Report Abuse

Malaysia Construction Market Analysis

The Malaysia Construction Market size is estimated at USD 38.55 billion in 2024, and is expected to reach USD 58.10 billion by 2029, growing at a CAGR of 8.55% during the forecast period (2024-2029). Source: https://www.mordorintelligence.com/industry-reports/malaysia-construction-market

Posted by Eagle77 > 2024-01-07 07:51 | Report Abuse

MINETECH RESOURCES BHD
Minetech Resources Bhd is a Malaysia based company primarily engaged in the production of quarry products, civil engineering works, production of asphalt premix products and production of bituminous products. The products produced by the company are sold to developers or contractors in the property development or construction sectors. Quarry products division includes extraction and the sale of granite quarry products. It offers civil and property construction services, such as blasting, roads and drainage, earthworks, and water reticulation and sewerage. The company is quarries and premix manufacturing facilities are all located in Malaysia.

* The construction sector booms 💥this so definitely Minetec booming 💥💥💥 and unstoppable bullish for 2024 onwards ⬆️✅💥💥💥💪😁

Posted by Cnlim > 2024-01-07 09:15 | Report Abuse

please don't give wrong information about minetec PA you need 4 PA to convert into one minetec share if 1 unit of PA equal I Minetec I will buy million PA

Posted by civicfk8 > 2024-01-07 09:17 | Report Abuse

Helang big supporter for abg Jo Son I supposed scib sudah naik byk kasi dia rehat .. minetech turn now

Posted by Cnlim > 2024-01-07 09:19 | Report Abuse

I hope to give true information and not to mislead people with my interest because I buy minetec PA whether the share can go up or not

Posted by Cnlim > 2024-01-07 09:23 | Report Abuse

Don't think I 3 investors are water fish

Posted by Eagle77 > 2024-01-07 09:35 | Report Abuse

civicfk8…SCIB Abg Jo’s son has no share on hand but MINETEC he has 15% shares in hand so by common sense MINETEC will climbing up more furious 💥💥💥than SCIB 🔜⬆️✅💪

Posted by Eagle77 > 2024-01-07 09:41 | Report Abuse

Abg Jo’s son Abg Izzarim already showed his impact on SCIB 6 months ago with shares up ⬆️ from 0.20 to 0.90…believe or not the fact in front of us…now his capabilities will continue to change and bringing MINETEC to premium levels ⬆️✅💪💥

Posted by ktrader > 2024-01-07 10:55 | Report Abuse

@Cnlim, it is stated that there are 2 ways to convert (1) cashless conversion 4PS >1 mother (2) cash conversion 1PS + 0.09 > 1 mother.

Posted by gohudhud > 2024-01-07 11:04 | Report Abuse

Maybe someone can put the link here about the announcement of PA conversion method/rules/terms.
So everybody can read themselves and #TAYOR

Posted by gohudhud > 2024-01-07 11:05 | Report Abuse

The market on Friday closed with a total traded volume of 6.62b. The market sentiment continued to be bullish despite there is lesser Superstars on a Friday. The overall trading volume continue to break higher. The Utilities sector, Property & Construction sector, Health Care sector and etc continued to rally upwards. This caused the Ultrapenny theme to be weaker with only one Superstar being in play, being Minetec! 745 stocks closed green and 351 stocks closed red which indicates a bull market. -KLSEBullSignal

Posted by ktrader > 2024-01-07 11:17 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3444233

Posted by gohudhud > 2024-01-07 12:38 | Report Abuse

@ktrader tqvm🔥. Just read it. The clause of PA conversion is under the Remarks . Now all please read and #tayor

Posted by gohudhud > 2024-01-07 12:44 | Report Abuse

https://www.isaham.my/blog/5-jenis-bullish-candlestick

Posted by Eagle77 > 2024-01-07 13:14 | Report Abuse

https://www.nst.com.my/amp/property/2024/01/998174/housing-developers-sarawak-no-longer-obligated-build-affordable-homes

Posted by ktrader > 2024-01-07 13:32 | Report Abuse

@gohudhud, you're welcome

Posted by Eagle77 > 2024-01-07 15:56 | Report Abuse

The Malaysia Construction Market size is estimated at USD 38.55 billion in 2024, and is expected to reach USD 58.10 billion by 2029, growing at a CAGR of 8.55% during the forecast period (2024-2029).

Posted by Eagle77 > 2024-01-07 16:09 | Report Abuse

Let’s continue our supporting to the new management leads by Abg Izzarim 💪💥⬆️✅

Posted by Eagle77 > 2024-01-07 16:22 | Report Abuse

Let’s MINETEC go like SCIB climbing from 0.20 to 0.90 ⬆️✅💪💥

Posted by iPlay > 2024-01-07 19:32 | Report Abuse

On Minetec-PA.... my layman understanding: 2 ways to covert to mother share... correct me if I am wrong.


The ICPS may be converted into new Minetech Shares based on the following conversion modes:

(1) Cashless Conversion by surrendering 4 ICPS for conversion into 1 new Minetech Share; or

(2) Cash Conversion by surrendering 1 ICPS and cash payment of RM0.09 for conversion into 1 new Minetech Share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3202792