MINETECH RESOURCES BHD

KLSE (MYR): MINETEC (7219)

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Last Price

0.14

Today's Change

0.00 (0.00%)

Day's Change

0.14 - 0.14

Trading Volume

2,819,200


20 people like this.

18,023 comment(s). Last comment by Eagle77 3 hours ago

BILLC

2,042 posts

Posted by BILLC > 2024-02-28 00:29 | Report Abuse

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

MarioBros

442 posts

Posted by MarioBros > 2024-02-28 02:10 | 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

6,250 posts

Posted by Eagle77 > 2024-02-28 08:11 | 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

18,424 posts

Posted by paktua73 > 2024-02-28 08:30 |

Post removed.Why?

CoffeeMilo

284 posts

Posted by CoffeeMilo > 2024-02-28 09:45 | Report Abuse

Red QR coming..

CalvinK

132 posts

Posted by CalvinK > 2024-02-28 10:01 | Report Abuse

It better come, later apa pun tak come, itu scary

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 10:34 | Report Abuse

if tidak come like Reneuco?

CoffeeMilo

284 posts

Posted by CoffeeMilo > 2024-02-28 10:38 | Report Abuse

Reneuco in making.🤣

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 10:39 | Report Abuse

Just remember Reneuco plunged from 0.16 to 0.08 ⬇️🩸because of unable to produce report..

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 10:41 | Report Abuse

Hoping Minetec not following Reneuco’s steps…

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 10:44 | Report Abuse

Nowadays anything can happen…

CoffeeMilo

284 posts

Posted by CoffeeMilo > 2024-02-28 10:48 | Report Abuse

Reneuco in the making.

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 10:57 | Report Abuse


Here's my speculation regarding MINETEC: Abang Izzarim's acquisition of MINETEC suggests a potential integration with IRIX Sdn Bhd.

IRIX specializes in subsea cable manufacturing, particularly submarine cables. According to Abang Izzarim's recent interview, his focus is on telecommunications and digital infrastructure projects.

Based on this, here are my speculations:

MINETEC could venture into submarine cable projects, particularly for transferring green energy electricity to Singapore from renewable sources like hydropower. This could lead to a collaboration where Singapore invests in data centers in Sarawak in exchange for energy.
MINETEC may also engage in digital infrastructure initiatives, such as building data centers for artificial intelligence applications. Sarawak's goal of establishing 5 Tier IV data centers aligns with this speculation

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 10:59 | Report Abuse


Here's my speculation:

Three major projects seem to be on the horizon for MINETEC:

Submarine cable projects
Data centers for artificial intelligence
Hydropower plants

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:03 | Report Abuse

If these projects come to fruition, MINETEC stands to benefit significantly. Revenue from these two ventures could propel the company to generate billions of ringgit in revenue annually.

These developments signify a structural shift for the company, marking the emergence of MINETEC's new core business.

Apple2353

1,847 posts

Posted by Apple2353 > 2024-02-28 11:06 | Report Abuse

what happen Eagle? you were so positive with Minetec. you don't trust your 2 Abangs now?

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:07 | Report Abuse

Remember my name. I was the first to speculate about this new direction for MINETEC. Only time will tell if my speculation is accurate or not.





IlmuKhodam

660 posts

Posted by IlmuKhodam > 2024-02-28 11:12 | Report Abuse

@DatoT20, yes, that what i would speculate too. Submarine cable projects and Data centers for artificial intelligence. Based on Abang Izzarim interview and Abang Johari statements.

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 11:21 | Report Abuse

I don’t want to speculate but putting the truth out is better…

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:22 | Report Abuse


This is the essence of making money in the stock market: positioning yourself early, establishing your investment thesis, and determining your entry and exit points. If your thesis proves correct, you stand to reap significant rewards.

It's not about constantly shouting "BUY BUY BUY" when a stock is about to hit its limit up, or "SELL SELL SELL" when operators are dumping shares. It's about strategic decision-making based on your analysis and conviction.

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:24 | Report Abuse

We're all speculators at heart. We invest in the stock market because we enjoy speculating. Whether it's anticipating good or bad quarterly reports, speculating on new projects, or pondering various possibilities, speculation is what drives us.





Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 11:25 | Report Abuse

Minetec likely will retrace first…

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 11:27 | Report Abuse

Keep some bullets to buy when prices attractive low…

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 11:29 | Report Abuse

Still stand with my word beware of manipulators dumping the shares…run before they take action..

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:31 | Report Abuse

I doubt the operator will flood the market with shares, allowing others to buy at low prices. If MINETEC has a significant development underway, I don't think the operator will allow retail investors to buy at a discount. It seems they've been accumulating shares steadily, particularly below 20 cents, based on my observation.

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:34 | Report Abuse

It's your choice if you want to play the timing game. You might try to pinpoint a bottom and get lucky, but I'm not skilled at bottom fishing—it's not my strategy. Once they've finished accumulating (which is unknown to everyone), they'll likely remove all the obstacles and resistance at 18 cents and 20 cents, allowing the share price to rise smoothly.

CalvinK

132 posts

Posted by CalvinK > 2024-02-28 11:34 | Report Abuse

What had happened to the stock, any pro can explain? 0.17 queue and somehow ppl buying

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 11:35 | Report Abuse

Prediction the only thing we can do…so buy and sell at your own risk…

Apple2353

1,847 posts

Posted by Apple2353 > 2024-02-28 11:36 | Report Abuse

Sell queue at 17 sen is huge..

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:37 | Report Abuse

There's been a sudden spike in trading volume. Many lots were bought at 17 cents, as we discussed.

CalvinK

132 posts

Posted by CalvinK > 2024-02-28 11:38 | Report Abuse

17 sen queue is huge, the main point gt huge volume buy at that price.. who is buying? why only queue at 0.17 but not q at 0.165, 0.16 etc... something is happening

Posted by Salahuddin Ahmad > 2024-02-28 11:39 | Report Abuse

Positive qr, positive qr, buy buy buy buy now

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:39 | Report Abuse

Suddenly, there are many large buy orders at the price of 17 cents. Previously, there were none. This indicates that someone is interested in accumulating shares.

CalvinK

132 posts

Posted by CalvinK > 2024-02-28 11:41 | Report Abuse

Agree DatoT20 on the accumulating thoughts.. Let's see how it goes, QR should be announcing soon

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:41 | Report Abuse


As you can observe, the sell queue at 17 cents is quite substantial. Not many people want to throw shares at 16.5 cents.

Posted by hungthesexyhorse > 2024-02-28 11:42 | Report Abuse

accumulating is fine, but sell order smells fishy?

CalvinK

132 posts

Posted by CalvinK > 2024-02-28 11:42 | Report Abuse

Maybe those r from Singapore's operators

CalvinK

132 posts

Posted by CalvinK > 2024-02-28 11:44 | Report Abuse

the buy stopped...

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:46 | Report Abuse

This is a classic operator tactic. They set up a fake barrier at 17 cents, preventing retailers from selling at that price. This forces impatient retailers to dump their shares at 16.5 cents.

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:50 | Report Abuse

Someone has been purchasing a significant number of shares from the operator at 17 cents. The operator must cancel their queue. They don't want to lose too many shares at a low price, so they cancel the queue.

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 11:51 | Report Abuse

So far, 45 million shares have changed hands at 17 cents.

CoffeeMilo

284 posts

Posted by CoffeeMilo > 2024-02-28 11:53 | Report Abuse

Wah sell que so high. Red Qr ...run..

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 12:05 | Report Abuse

Where to run? Haha Sell at 16.5 cents or 16 cents?

Posted by Lee Chee Wee > 2024-02-28 12:08 | Report Abuse

Operator trying to create interest by churning the volume, can go either direction.

Jerung

414 posts

Posted by Jerung > 2024-02-28 12:14 | Report Abuse

Good Info @DatoT20

Apple2353

1,847 posts

Posted by Apple2353 > 2024-02-28 12:22 | Report Abuse

all share prices also can go either direction lah.. aiyo..

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 12:48 | Report Abuse

⬆️✅⬇️🩸🤣🤣🤣 all awaiting

DatoT20

318 posts

Posted by DatoT20 > 2024-02-28 13:03 | Report Abuse


Here are 3 classic strategies that stock operators often use:

Creating Fake Sell: Manipulators place large sell orders. This gives the impression that many people are trying to sell the stock.

When retailers see these big sell orders, they might panic and start selling their shares at lower prices, thinking the stock will keep dropping.

Once enough people have sold and the price drops, manipulators cancel their big sell orders. This move can cause the price to bounce back up or stabilize, as the fake sell pressure disappears.

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 13:33 | Report Abuse

Minetec now under the influence of manipulators so…,👿👹👺🤡🤠

Eagle77

6,250 posts

Posted by Eagle77 > 2024-02-28 13:40 | Report Abuse

If under manipulation will end like SCIB ⬇️⬇️⬇️🩸🩸🩸☠️

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