I foresee price will not be up in the month of March which is the financial closing date for the old financial year which was not under the leadership of Izzarim yet. Amazing announcement in relation to the acquisition of mega project will only be released in April which is a new financial year commences. Izzarim was appointment Chairman of the company in the beginning 2024.
Hello everyone, I believe mega project can’t be materialised immediately. It needs time for planning. So , please be more realistic, I think RE projects can’t be announced very soon. Might be other construction projects possible.
Yes i totally agree with nick. Projects will need some time for planning, and it might involve some cost during the planning. So if anyone considering buying this stock, please do some planning too as it might take time.
This stock looks like a 'betting game' for me currently. Only can hope for gold mine and bituminous manufacturing business to contribute in its profit and revenue, at least for now.
moon stars or galaxy will not happen so soon lah. if and unless it really secures huge projects then got a ray of hope. otherwise its gonna be here or even lower ....over promote
*Mega energy project with Nusantara, Indonesia 🇮🇩, Singapore 🇸🇬 and West Malaysia*. Only few company has the skills to build undersea cable, OMS and Citaglobal through ifactor. ( cita has the better chance)
Eagle really hope what you are.saying is true. Many of the investors are naive and put their money base on what info you have on minetech. Hope their dreams come true and not get burned.
Abg Jo Premier of Sarawak nowadays so popular with energy investment globally and I believe his son Abg Izzarim Chairman of Minetech also working together closely with his father in this matter to boost economy of Sarawak and Malaysia 🇲🇾😎⬆️✅🤞
I think Minetec will soon turn to green energy company. Bcause Premier want Swak as hub for green energy. It will not be 1 or 2 month. This stock clearly for long term. For undersea cable, I dont think minetec will involve nor as company from Msia. Premier already mention that, if Singapore want, they have to build it themself. Swak only supply the power. And in exchange Spore have to invest in data center project
looks nice, decent volume. last push to 12.5-13 cent & I'm in. support @ 12 cent nearest tp @ 16 cent, extended @ 18 cent this gonna be long 3 months swing trade
Personally Minetech was coming into market attention not by the company itself but Abang effect just like SCIB and the growth stories is built by the word "if" hence that is 50:50 chance don't expect too much if everything come true = happy if not = expected and move on
@xiaoeh very true, this is a speculative counter. don't invest, trade instead. that's why I'll buy if & only if it go near 12 cent, good support there. less risk. If it doesn't go there, I'll just watch from sideline
Xiaoeh, as a Sarawakian, we do know the political scene in Swak. That is why, we do believe Minetec will be 1 of the leading stock for Swak to replace cmsb. There will be no guarantee but we strongly believe and it will only take that reason we invest in this company. Beside, the price still low. Even if Abg cannot push Minetec to 1 of leading stock in Swak, atleast it will get little benefit from premier. Only time will tell.
Tun Taib era is over and Abg Jo will take over and build his empire in Sarawak and of course Minetech will become the next superpower stock from Sarawak 😎⬆️✅💰💥🤞
Posted by MarioBros > 1 hour ago | Report Abuse Xiaoeh, as a Sarawakian, we do know the political scene in Swak. That is why, we do believe Minetec will be 1 of the leading stock for Swak to replace cmsb. There will be no guarantee but we strongly believe and it will only take that reason we invest in this company. Beside, the price still low. Even if Abg cannot push Minetec to 1 of leading stock in Swak, atleast it will get little benefit from premier. Only time will tell.
Noted and Thanks MarioBros btw do you mind sharing more again the reason u so certain Minetec will replace CMSB?
For my understand for Minetec: 1) 8 out of 10 years encountered (-ve) earnings 2) -ve FCF for 9 consecutive years 3) High NOSH of 2bil due to frequent PP and RI since 2017
Just for study purposes and please do comments and correct me if wrong
Xiaoeh, what Abang Izzarim have to do with previous minetec earning? He just join the company Jan 2024. Give him time. And if you not believe in him, why are you here? Clearly you not owned any share in minetec. I see the future, not the past. New era have begin. Taib have passed, now Abg era. If Taib can make cmsb to rm6 in his reign, we do believe minetec can do similar or atleast half of that price. But with Swak growth, I hope it can be more than that. Cmsb on it peak, they monopoly all the road construction, cement and gov project. With green tech coming, lots of development in Swak, I do think it will benefit Minetec.
I totally agree with what Mario Bros said in this forum. We don't see the past and we are looking for bright future under leadership of Izzarim who we all believe he will bring in mega projects for Minetech, he needs time to do homeworks and plannings, later he will undoubtedly bring us plenty of good news. Be Patient.
Posted by MarioBros > 17 minutes ago | Report Abuse Xiaoeh, what Abang Izzarim have to do with previous minetec earning? He just join the company Jan 2024. Give him time. And if you not believe in him, why are you here? Clearly you not owned any share in minetec. I see the future, not the past. New era have begin. Taib have passed, now Abg era. If Taib can make cmsb to rm6 in his reign, we do believe minetec can do similar or atleast half of that price. But with Swak growth, I hope it can be more than that. Cmsb on it peak, they monopoly all the road construction, cement and gov project. With green tech coming, lots of development in Swak, I do think it will benefit Minetec.
True Bob we need fruitfull discussion. In long run if all goes well minetech should rise but currently everything is speculative but worth to hold and wait as the price is low and Abang Izzarim still around.
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....
ling
30 posts
Posted by ling > 2024-03-19 12:26 | Report Abuse
sell minetec buy Muiind ?