Posted by Whiteevoque > 2024-02-20 17:03 | Report Abuse

Once break 9sen will test 10-12 and then 15-16sen. New business injections will spur more growth for the company.

Posted by MACD > 2024-02-22 10:47 | Report Abuse

come on new round

Posted by ysyap84 > 2024-02-22 15:52 | Report Abuse

Still failed to break through 0.075, may temporary loss the steam....

Posted by Raiz368 > 2024-04-18 17:01 | Report Abuse

Is time to collect....next qtr result will be better revenue and profit after company invest into Halal Food business in Hong Kong

Posted by IlmuKhodam > 2024-04-24 11:18 | Report Abuse

Moving? Halal Food doing well in Hong Kong?

Posted by Raiz368 > 2024-04-24 11:56 | Report Abuse

Today rebound..

Posted by Raiz368 > 2024-04-24 11:57 | Report Abuse

Good qtrly report to be out next mth

Posted by IlmuKhodam > 2024-04-24 12:02 | Report Abuse

Seem like insiders already know something

Posted by Whiteevoque > 2024-04-25 22:28 | Report Abuse

Abc correction has completed. Now time to move up for wave 3

Posted by scaniaz > 2024-05-03 09:14 | Report Abuse

🛒

Posted by seesea > 2024-05-06 16:10 | Report Abuse

disc price

Posted by seesea > 2024-05-06 16:20 | Report Abuse

tp.075,.09

Posted by Hazman Zaini > 2024-05-08 20:37 | Report Abuse

https://theedgemalaysia.com/node/710811

Posted by IlmuKhodam > 2024-05-11 00:09 | Report Abuse

Industronics among top actives after inking MOA for Langkawi duty-free city project
https://theedgemalaysia.com/node/687236

Widad - Land owner. Itronic - Project Management. CHEC - Contractor.

CHEC - China Harbour Engineering Company Ltd (CHEC) is an engineering contractor and a subsidiary of China Communications Construction Company (CCCC). ECRL Contractor.

"Meanwhile, Industronics is tasked with engaging with landowners to secure the land for the development of the duty-free city, including negotiations pertaining to pricing, terms and conditions.

CHEC, on the other hand, will offer consultation services for the design of the duty-free city and undertake construction. CHEC will also discuss potential investment in the project, which may involve contributing a portion of the construction costs associated with the duty-free city."

Posted by IlmuKhodam > 2024-05-11 00:16 | Report Abuse

Widad’s largest shareholder appoints Industronics to manage Langkawi golf course, hotel development
https://theedgemalaysia.com/node/710811

Latest announcement -
OLYMPEX SDN BHD OSB has been appointed
as the PMC for only 2 components which is for hotel and golf course. The Gross
Development Value (GDV) for hotel is estimated at RM388 million, covering a total of 250
hotel rooms. However, GDV is not applicable for the Golf Course as the property is not
intended for sale.

Posted by Micias84 > 2024-05-13 16:34 | Report Abuse

time to roket

Posted by IlmuKhodam > 2024-05-14 09:46 | Report Abuse

Wtf, all sapu WA? Emak tak mau?

Posted by seesea > 2024-05-14 14:30 | Report Abuse

buyer come in

Posted by MZM2511 > 2024-05-26 01:56 | Report Abuse

The Group expects performance for the financial year ending 30 June 2024 to be satisfactory in view of improved sales performance in its trading of watches business.
-----------
This statement by the company will be tested next week through its incoming QR3 2024. Hope for the best...

Posted by MZM2511 > 2 months ago | Report Abuse

Base on my BRIEF study on the QR3 2024 (The latesr QR) of Itronic:

(Note: A comparative figures from QR2 2024 included)


A: Sitting on negative reserve / accumulated loss widend to RM 8,046,278.

B: Not a cash rich company.

C. Total assets > Total liabilities, Total current assets > Total current liabilities, and has a small non-current liabilities only @ RM 1,089,007 – Means still has a low indebtedness risk.

D. Revenue up tremendously from the last quarter and the gross loss and net loss were decreased.


THE FINDINGS:

1. NTA 5 sen _ , QR2 2024 @ 5 sen.
2. NOSH 707.59 mil. _ , QR2 2024 @ 707.59 mil.

3. EQUITY
Share Capital RM 43,472,963 _ , QR2 2024 @ RM 43,472,963
Reserves / (accumulated losses) (RM 8,046,278) _ , QR2 2024 @ (RM 7,735,583)
Shareholders' funds RM 35,426,685 _ , QR2 2024 @ RM 35,737,380
Non-Controlling Interest RM 0 _ , QR2 2024 @ RM 0
TOTAL EQUITY RM 35,426,685 _ , QR2 2024 @ RM 35,737,380

4. Cash and Cash Equivalent:
Cash and bank balances RM 4 ,517 _ , QR2 2024 @ RM 1,441,030

5. Assets:
Current Assets RM 74,109,474 _ , QR2 2024 @ RM 73,506,067
Non-current Assets RM 15,224,293 _ , QR2 2024 @ RM 15,301,611
TOTAL ASSETS RM 89,333,767 _ , QR2 2024 @ RM 88,807,678

6. Liabilities:
Current Liabilities RM 52,818,075 _ , QR2 2024 @ RM 51,924,835
Non-current liabilities RM 1,089,007 _ , QR2 2024 @ RM 1,145,463
TOTAL LIABILITIES RM 53,907,082 _ , QR2 2024 @ RM 53,070,298

7. QR3 2024 results - Revenue RM 16,881,800 _ , QR2 2024 @ RM 6,962,162
- Gross profit / (loss) (RM 485,678) _ , QR2 2024 @ (RM 2,111,163)
- Net profit/(Net loss) (RM 2,161,615) _ , QR2 2024 @ (RM 3,360,151)

Note 1:

For the current quarter and year-to-date period ended 31 March 2024, the Group reported revenue of RM16.88 million and RM54.06 million respectively. Among these RM54.06 million, 99.31% was generated by the Hong Kong subsidiary, which primarily engages in the sales of watches. Malaysia operation which focusing on electronics & system integration operation, contributed RM0.12 million for the current quarter and RM0.37 million for year-to-date ended 31 March 2024.

For the current quarter and year-to-date period ended 31 March 2024, the Group incurred a loss before tax of RM2.16 million and RM5.00 million, respectively. The higher losses for the period ended 31 March 2024 primarily due to increased operating expenses resulting from accounting adjustment, particularly the recognition of an unrealised loss of RM2.13 million on outstanding debts owed to creditors. In addition, finance cost amounting to RM0.97 million mainly from third parties borrowing, have further increased overall loss
impact on the Group's financial performance.

Note 2:

The Group experienced a significant increase in revenue, rising from from RM6.96 million to RM16.88 million, reflecting a growth of RM9.92 million or 142%. This growth was primarily attributed to improved sales from watch operation. The Group recorded a slightly higher loss before tax of RM2.16 million compared to RM2.11 million in the preceding quarter mainly due to a decrease in profit contribution from associate, which amounted to RM0.01 million for the current quarter as compared to RM0.09 million in preceding
quarter.

Note 3: Prospects

The Group anticipates that its performance for the financial year ending 30 June 2024 will be satisfactory in view of the improved sales performance in the watches trading segment. The Group will continue to focus on improving its e-commerce platform to deliver better user experience and increase customer satisfaction.

The Group intends to penetrate into new markets by establishing Halal Food & Beverage restaurants and Halal Convenience Stores in Hong Kong. Addtionally, the Group has entered into a Project Management Contract to serve as the Project Management Company for the proposed development of hotel and golf course in Pulau Langkawi. The Board believes that these business will generate positive cash flow for the Group and contribute to enhancing shareholders' value.

Posted by IlmuKhodam > 2 months ago | Report Abuse

Widad sudah jalan, ini anytime.

Posted by IlmuKhodam > 2 months ago | Report Abuse

Sanusi holds talks with China delegation on Kulim airport
https://www.freemalaysiatoday.com/category/nation/2024/06/10/sanusi-holds-talks-with-china-delegation-on-kulim-airport/
This news?

Posted by MZM2511 > 2 months ago | Report Abuse

Looks like big brother disposing shares??

Posted by blahbleh > 2 months ago | Report Abuse

then who's buying?

Posted by MZM2511 > 2 months ago | Report Abuse

Just a guessing... Hope not!!!

Hope it's only the operator activity...
Whether to closed their fund @Itronic or
A PRELUDE TO THE NEXT GORENG ACTIVITY. TAYOR

Posted by MZM2511 > 2 months ago | Report Abuse

Monitoring next few days trading volume... Also waiting for any announcement. The cloud will look more clearer. TAYOR

Posted by shashen > 2 months ago | Report Abuse

any chance to go above 10c?

Posted by MZM2511 > 1 month ago | Report Abuse

Any party/parties is/are closing their fund invested in Itronic??
or
Any bad news about the company will occur later??

Posted by shashen > 1 month ago | Report Abuse

nothing to share?

Posted by MZM2511 > 1 month ago | Report Abuse

Not an insider. Only a very small retailer who keep guessing, searching and doing some analysis of my targeted counter to invest in.... TAYOR

Posted by MZM2511 > 1 month ago | Report Abuse

Anyways...
I think Bluemount Investment Fund (which ceased to be substantial shareholder on 10 Jun 2024) could be the culprit of yesterday's sell off...
As per my observation, the said investor could still has around 10 mil shares on the date of ceasing announcement.

TAYOR

Posted by MZM2511 > 1 month ago | Report Abuse

Based on Anual Report 2023.

ANALYSIS OF SHAREHOLDINGS as at 29 September 2023
1. MAYBANK SECURITIES NOMINEES (ASING) SDN BHD
EXEMPT AN FOR MAYBANK SECURITIES PTE LTD (A/C 648849)- For Bluemount Investment Fund 211,658,700 29.913%
2. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD.
PLEDGED SECURITIES ACCOUNT FOR CHU BOON TIONG (Executive Director) 29,078,160 4.109%
3. YEO HONG CHYE 15,522,800 2.194%

ANALYSIS OF WARRANT A HOLDINGS as at 29 September 2023
1. MAYBANK SECURITIES NOMINEES (ASING) SDN BHD
EXEMPT AN FOR MAYBANK SECURITIES PTE LTD (A/C 648849) - For Bluemount Investment Fund 84,375,000 41.658%
2. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD.
PLEDGED SECURITIES ACCOUNT FOR CHU BOON TIONG (Executive Director) 25,626,000 12.652%
3. TYE LIM HUAT 7,500,075 3.703%

Posted by MZM2511 > 1 month ago | Report Abuse

Lately,

Bluemount Investment Fund ceased to be substantial shareholders (on 13.6.2024)
and
Executive Director Chu Boon Tiong on 20.6.2024 trimmed his shareholding for just only @8,045,760 units of share or 1.137% of shareholding.

Posted by MZM2511 > 1 month ago | Report Abuse

Current situation in Itronic. Not so good situation, I think...

No more substantial shareholders in the company.
and
Directors who manage the company without holding any substantial share shareholding.

Posted by MZM2511 > 1 month ago | Report Abuse

It must be good if there is any new substantial shareholder could emerge.... Just a hope..

Posted by Silentreader88 > 1 month ago | Report Abuse

52 Weeks Range (0.035 - 0.09). Current price is at all time low already, sea bed. Second QR 30 June will be announced end of August. If slight improvement, definitely there will be some movement (up) of the share price. So nothing much to discuss until the date

Posted by Silentreader88 > 3 weeks ago | Report Abuse

forever sleeping counter. if no operator wanna goreng, then this stock can consider dead already.

Posted by MZM2511 > 3 weeks ago | Report Abuse

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD

DATUK CHU BOON TIONG Executive Director
No of Securities Held 1,926,360
------------
Towards incoming QR4 2024 @ the end of August.....

This director want to acquire or want to sell his shares?????
He has just a few shares left, is it possible for him to SELL all his shareholding???
By the way, he is an EXECUTIVE DIRECTOR of this company...

Already don't know what to expect.... Hope for the best... TAYOR

Posted by seesea > 3 weeks ago | Report Abuse

big block

Posted by MZM2511 > 2 weeks ago | Report Abuse

MZM2511

It must be good if there is any new substantial shareholder could emerge.... Just a hope..

1 month ago

--------------------

DATO' LEONG SIR LEY, a substantial shareholder of Yong Tai's appointed as an Itronic director....

Expect something can be happened here.... TAYOR

Posted by seesea > 2 weeks ago | Report Abuse

Nice iron lady coming

Posted by speakup > 2 weeks ago | Report Abuse

Yong Tai takeover Itronic?

Posted by MZM2511 > 1 week ago | Report Abuse

My plan: keep monitoring...
Try to accumulate some shares @ the lowest price which I can get. TAYOR

Posted by seesea > 1 week ago | Report Abuse

ni stock sampah

Posted by seesea > 1 week ago | Report Abuse

goodbye

Posted by one_trader > 1 week ago | Report Abuse

Bad news coming soon. Sell before too late. Good luck!

Posted by one_trader > 3 days ago | Report Abuse

PN17

Posted by MZM2511 > 3 days ago | Report Abuse

@one_trader. Do not play-play like this if your info is not correct....

Posted by MZM2511 > 3 days ago | Report Abuse

@one_trader...
----
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Orang ramai juga diminta agar melaporkan kepada SC sekiranya mereka telah dihubungi oleh individu tidak berlesen yang menawarkan nasihat pelaburan modal di Aduan@seccom.com.my atau hubungi talian + 603-6204 8999.

Posted by MZM2511 > 2 days ago | Report Abuse

Section 205 of CMSA – Manipulation of Price of Derivatives and Cornering
No person shall, directly or indirectly manipulate or attempt to manipulate the price of derivatives that may be dealt in on a derivatives market, or of any underlying instrument which is the subject of such derivatives or corner, or attempt to corner, any underlying instrument which is the subject of a derivative.

Illustration 10 - Scalping
The person trading is also responsible for giving buy or sell recommendations, e.g. purchases a security before recommending the security, and then sells the security at a profit upon the rise in the market price following the recommendation.