Its ok mclean price movement will always take a break after big push but if you notice every 2 weeks new support will add another 10sen. Hopefully next 2-3 weeks 40sen is the new support before breaking 50sen
Most traders such as Fund Managers, institution and retailers are taking a break for CNY and the "Low volume" happened all across the counters, I am very optimist that this counter will continue its momentum next week..
it seems that today smart investors are already thronging this counter with the expectations of next week’s rise. Hope can break 50 sen support by next week.
3) The next QR shall be released in two weeks times, For the last QR the company make an improvement of profit RM 878,000.. Do We expect more in the next quarter??, definitely Yess..
Hehe broker77 you are right. Next week new support is 50sen. This counter market cap is only rm91mil at 46sen. QES already at rm445mil, aemulus is at rm500mil. Another 5 times growth prospect at least with the new jobs coming from MNCs (rm2 is my year end TP for mclean) Just like what targetinvest mentioned, mclean is supplying clean room services, surface treatment just like frontkn and also hard disc assembly services like jcy. They getting more jobs now based one the last 2 quarters growth in PAT. Their major shareholders are singaporean based fund managers as well not only individuals.
My mid term target after QR result is 70sen. If they can show continuous growth for next 3 quarters, definitely will break rm1 and going to rm1.50 by year end.
Mclean is going to announce Q2 result in 2 weeks time.
Expect PAT to hit a new record in history and the Share price would reflect naturally. The best has yet to come, hold on to your investment up to the QR release.
15th January 2021: Seagate to expand HDD storage capacity
With the amount of global data expected to grow over 40% over the next two years, Seagate has recently launched its latest 20TB hard disc drive (HDD) and is set to expand the storage capacity to 30TB and 50TB,
More jobs are coming into their plate, still have lot of upside compare to peers in related counters.
Let’s unlock the new value of this company on the next QR release, hold on guys..
Hehe ill come back soon for my 4th round. Market is yo yo i try to follow the trend. This week maybe last week we see 40ish sen. Next week 50sen will be new support.
*1)* *MClean Technologies Bhd* (MClean) is an investment holding company
*2)* The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services
*3)* It operates in 2 segments including surface treatment and precision cleaning, and technical assembly services
*4)* The surface treatment and precision cleaning segment offer surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries
*5)* The technical assembly services segment is engaged in the sale of modules relating to technical assembly services
*6)* *McLean* is going to announce Q2 result in 2 weeks time. Expect PAT to hit a new record in history
*7)* *MClean* is supplying clean room services, surface treatment just like Frontkn Bhd and also hard disk assembly services like Jcy Bhd. They are getting more jobs now based on the last 2 quarters growth in PAT. Another 5 times growth prospect at least with the new jobs coming from MNCs
*8)* The companies involved in HDD works in Malaysia are just a handful of companies:- a) Dufu Bhd b) Jcy Bhd c) Notion Bhd d) MClean Bhd
*9)* *MClean*'s key customer in Thailand is *Seagate* and Seagate control 40% of Hard Disk Drive business worldwide
*10)* *MClean* had setup a plant in Thailand in 2018 and the new commissioned plant will start to give a huge financial impact on the earnings of the Group in 2021
I have been monitoring this counter since 1st October 2020 before it spikes in 12th January 2021, here are some of my findings.
1.This counter got “Average Down exercise” most likely by Jerung or insiders who religiously collect and turn the candlestick pattern GREEN 80% all the time since 1st October 2020 till 13th January 2021.
2. For those who bought this share at 13th January 2021, the acquisition price was 18 sen per share and in 11 February 2021 the value of the stock has grown into 46 sen which is equivalent to 255% ROI. This is a growth stock and not “A Pump and Dump counter” , Hold on until end of this month to unlock the new value of this counter.
Haiya don't always say like that. Me untung a lot at dataprep. Tomorrow mclean will goreng again. Trust me. If no up by tomorrow i belanja awek wa keta kontrol
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Posted by TomyamGong > 2021-02-04 07:45 | Report Abuse
Buying at 0.34 :)