You need good patience and able hold power for this one...All it takes is a catalyst news to get everything in motion... Buying and hoping for immediate results isn't the way.
No one knows when the changing of hands is going to complete. When the upward trend starts with the trading volumn, that is the time to consider buying.
Abg Jo son Abg Abdillah Izzarim take over MineTech. Sarawak appointed new TYT. I expect that there may be more projects based on infra development that will be given to MineTech looking at the leadership and relationship with Abg Jo. Who knows? Call buy now?
1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : Exercise of Share Issuance Scheme No. of shares issued under this corporate proposal : 7,433,500 Issue price per share ($$) : 0.0307 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 1,783,778,510 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 100,235,022.920 Listing Date : 31/01/2024 2. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : Exercise of Share Issuance Scheme No. of shares issued under this corporate proposal : 500,000 Issue price per share ($$) : 0.0593 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 1,784,278,510 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 100,264,672.920 Listing Date : 31/01/2024
No more ESOS after this? From the announcement looks like no more units left. Total no of securities after change Direct (units) 500,000 Direct (%) 0.028 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 30/01/2024 Date notice received by Listed Issuer 30/01/2024
And they are still firming the management team bit by bit ########### Date Announced 30 Jan 2024 Category General Announcement for PLC Reference Number GA1-29012024-00060
Description Minetech Resources Berhad ("Minetech" or "the Company") - Establishment of Sustainability Committee The Board of Directors of Minetech ("Board") wishes to announce that the Board has approved the establishment of Sustainability Committee to assist the Board in fulfilling its fiduciary responsibilities relating to sustainability matters, including but not limited to Economics, Environmental, Social and Governance (EESG) issues that are material to the Company and its subsidiaries.
##### Pray their team will bring minetech to fair value as it should
“The contract is expected to contribute positively to the revenue, earnings and net assets of the company and its subsidiaries for the financial year ending March 31, 2024 onwards to March 31, 2027,” it said.
In a separate statement, executive chairman Abang Abdillah Izzarim said the contract not only reaffirmed its leading position in the industry but also aligned with its strategic vision for growth and excellence.
Yahoooo next QR sure green green gogoBullish Minetech
2018, Gold contact only RM28 million, renew in 2021 for RM70 million, now 2024 , renew RM230 million…. If wait for Sarawak contracts announcements,etc….Minetech should fly ….
fl888 wowwww😊😊hope abang aim generating more and more hundred millions in 2024 under his era This is just the beginning of the year 230million🚀🚀 New project surely in the their list It will come one by one🔥🔥🔥
230 million for 3 years. each year revenue will be 77 million? 2024 revenue plus 59.7 million from previous 2 quarters will be 136 million, higher than the annual revenue of past 4 years?
Give u 150mil annual revenue also useless, refer back to last financial year ,company still losing money even 100mil revenue. One of the company director awarded ESOS 5.9 sen on 30 jan,he sold all the next day 14.5 sen . If a company director dont even want to own a single share,u want to invest?
Those who know well of this counter will keep on buying . This counter will be the new bright star in KLSE . hopefully tomorrow will be a strong buying support.. YOU BUY AND I BUY, THIS COUNTER SURE WILL GO UP TO THE SKY HIGH😂😂😂😂😂
The new executive Chairman Abang owned at least 16% of the paid up share capital, February is only a new start for the company, once the company is doing well in short future, I belief that more and more investors will jump into this new star counter. I am confident in leadership under Abang who will bring in a lots of new projects soon. Let the time to prove it.
Investorbat, Haiyaa.... You missed the boatkah? Change in managementla. Previous management sold his share and new owner buy. The new shareholder is Sarawak Premier son. This contract is from Pahang. Wait for new contract from Swak come in.
Minetech previous QR started GREEN🏆It shown the company is growing up more better after transition of old management to new management.
Next QR surely confirm GREEN and GREENISH thru out the year 2024 with new team management, new mission, new vision and more projects coming
The chairman Abang said, “The contract is expected to contribute positively to the revenue, earnings and net assets of the company and its subsidiaries for the financial year ending March 31, 2024 onwards to March 31, 2027,” it said.
In a separate statement, executive chairman Abang Abdillah Izzarim said the contract not only reaffirmed its leading position in the industry but also aligned with its strategic vision for growth and excellence.
Yahoooo next QR sure green greenish punya angpow angpow gogoBullish Minetech
Let the old owner, esos sell their shares. Its their right to get the profit,
Later minetech step by step become premium with new best team🚀🚀
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jerung
417 posts
Posted by Jerung > 2024-01-29 16:20 | Report Abuse
Vol No.1 but price x move2