MCLEAN TECHNOLOGIES BERHAD

KLSE (MYR): MCLEAN (0167)

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Last Price

0.30

Today's Change

-0.005 (1.64%)

Day's Change

0.295 - 0.305

Trading Volume

1,680,500


2 people like this.

1,744 comment(s). Last comment by mf 8 hours ago

Posted by Sweetchocalates > 2021-04-27 11:41 | Report Abuse

This operator really damm funny. Usually, operator wait for panic sell from retailers in the morning. After the panic sell, push up few bids with high volume. Then push back down.

Posted by Sweetchocalates > 2021-04-27 11:43 | Report Abuse

Conclusion is never chase this stock when green

bungabunga

152 posts

Posted by bungabunga > 2021-04-27 11:54 | Report Abuse

thats why i said this is one shitty operator..and the fact that these contra fools and pussy bilis is alwys selling is also not helping the prices..this stock cn go to green from red and almost immediately back to red..really shitty..

Posted by Sweetchocalates > 2021-04-27 11:55 | Report Abuse

If u look at the chart few months ago, a lot of tails in the candles. The recent bull run also a lot of tails. Likely the same operator with the same operandi.

Posted by Sweetchocalates > 2021-04-27 11:56 | Report Abuse

Exacrly lol, shitty operator. Best operstor is limit up operator like dataprp hahaha

Posted by johnnygoodnews > 2021-04-27 11:56 | Report Abuse

Sell in May and Go away

James75

192 posts

Posted by James75 > 2021-04-27 12:12 | Report Abuse

because it is a penny stock you thnik otherwise. talking about dataprp you can see the spead is much higher. high and lows gap so big.

Its normal when the counters is active, because its trading. I belive its on a positive momentum upwards.

Thats why we call it goreng. No goreng no movement .. hahaha.

AGM 27th May, 2020. Got great news hopefully.

James75

192 posts

Posted by James75 > 2021-04-27 12:21 | Report Abuse

Lets go Mclean

James75

192 posts

Posted by James75 > 2021-04-27 12:24 | Report Abuse

Just wait guys. When all the glove investor come running back to IT. you see Mclean will fly high.

bungabunga

152 posts

Posted by bungabunga > 2021-04-27 12:32 | Report Abuse

hahaha..i believe the company itself is okay, performance is not bad, but like i said most likely the failure for price to move upwards is because of contra sellers and panic bilis..but if buy and hold most probably along the way will gain a certain % of profit..

TedTock

926 posts

Posted by TedTock > 2021-04-27 14:34 | Report Abuse

Bilis need to think bigger la… 1 sen quickly want to sell lol

Posted by Sweetchocalates > 2021-04-27 15:15 | Report Abuse

Wah again...operstor probably reading i3 HAHAHA

bungabunga

152 posts

Posted by bungabunga > 2021-04-27 15:19 | Report Abuse

hahahahaha..GG la operator understand we oredi fed up

Posted by Sweetchocalates > 2021-04-27 15:33 | Report Abuse

Potong stim la wei hahahah

bungabunga

152 posts

Posted by bungabunga > 2021-04-27 15:37 | Report Abuse

hahahaa..we must only critic operator..puji means sure kena tapao again..

James75

192 posts

Posted by James75 > 2021-04-27 15:38 | Report Abuse

glove investors running back to IT.

James75

192 posts

Posted by James75 > 2021-04-27 15:38 | Report Abuse

Go go go Mclean

Chong3710

194 posts

Posted by Chong3710 > 2021-04-27 16:06 | Report Abuse

Many still reading the annual report. Have not decide to sell of buy

Posted by Sweetchocalates > 2021-04-27 16:09 | Report Abuse

Operator make 2 burj khalifa for the whole day lol

James75

192 posts

Posted by James75 > 2021-04-27 16:27 | Report Abuse

Tommorow 70 sen ?

bungabunga

152 posts

Posted by bungabunga > 2021-04-27 16:47 | Report Abuse

looks more Mcdonalds to me..hahahaha

James75

192 posts

Posted by James75 > 2021-04-27 16:58 | Report Abuse

Closed higher tommorow will move up further.

iamismail

947 posts

Posted by iamismail > 2021-04-27 22:17 | Report Abuse

https://www.theedgemarkets.com/article/musk-says-tesla-sold-bitcoin-prove-liquidity-cash-alternative

Bitcoin and a lot more of crypto curencies needs miners. Miners need company like MCLEAN and its client SEAGATE.

Posted by Lee Chee Wee > 2021-04-28 14:06 | Report Abuse

Consolidating for next push to 0.70. Support level at 0.55 should hold. Higher high and higher low . Watch for break above 0.615 should move Mclean higher.

Posted by Activestream > 2021-04-28 15:04 | Report Abuse

Lee Chee Wee Consolidating for next push to 0.70. Support level at 0.55 should hold. Higher high and higher low . Watch for break above 0.615 should move Mclean higher.

This will be on either friday or monday liao , today if can close a solid 60 to 61 cents is quite good already.

tiberian

61 posts

Posted by tiberian > 2021-04-28 15:46 | Report Abuse

All the IT stock weakening. I am sure Mclean is no hero.

tiberian

61 posts

Posted by tiberian > 2021-04-28 15:48 | Report Abuse

There is no evident that Mclean will benefit from Seagate or Cryptocurrency miners.

TedTock

926 posts

Posted by TedTock > 2021-04-28 21:27 | Report Abuse

Dear Shareholders
MClean Technologies Berhad ("The Group") continued to remain resilient and strong in 2020. The Group weathered the Covid pandemic challenges and adapted to the changes in operating environment.
The Group achieved a total revenue of RM 56.2 million. This is a creditable performance in view of the disruption to our factories under the MCO lockdown in early 2020. In addition to the improved gross profit margin from 21% in 2019 to 23.8% in 2020, the Group also benefitted from the compensation received and government grants during the year. Overall, the Group achieved a net profit after tax of RM 1.3 million.
Forward Looking Statement
Our factory in Thailand is expected to increase revenue from the 2nd half of 2021 however this revenue increase would be offset by the weak revenue outlook of our factory in China. Meanwhile our factories in Johor is expected to improve on revenue and performance over last year 2020.
Overall total revenue and operating performance in 2021 would be about the same as in 2020.
One of the Group’s core strength is in contamination control and cleanroom packaging. Currently, our cleaning process is limited by customers having to bring their products to our Cleanroom facilities for cleaning. Observing that the Covid-19 pandemic created a huge market for sanitisation on the go, we are exploring the possibility of satisfying customers’ needs in a similar convenient fashion.
Appreciation
On behalf of the board of directors, I express our appreciation to our team of dedicated staff who have worked tirelessly to sustain our operations through the pandemic. Some of whom are separated from their beloved families due to the closure of national borders. For our loyal shareholders, we shall continue to pursue opportunities for the Group to remain relevant in the financial and investing community, and to deliver value to all our stakeholders.
YEO HOCK HUAT
Executive Chairman

iamismail

947 posts

Posted by iamismail > 2021-04-29 06:43 | Report Abuse

Tremendous. Future looks bright for Mclean.

iamismail

947 posts

Posted by iamismail > 2021-04-29 06:47 | Report Abuse

I"m in for the long run. My personal target rhis is going to be a RM 1 company and more. Just look at all the IT company now, the Greatec, the KPOWER at which price do they start with.
IT is the future.

iamismail

947 posts

Posted by iamismail > 2021-04-29 06:47 | Report Abuse

Nanti dont want to ask this silly question.
" still can enter ahh? " .. hahahaha

DepecheM

810 posts

Posted by DepecheM > 2021-04-29 10:20 | Report Abuse

Frontkn was hovering below 1.00 for long periods... but once it crossed 1.00, it never looked back...Greatec another good example... will Mclean be the next unpolished diamond? Hope so

TedTock

926 posts

Posted by TedTock > 2021-04-29 10:31 | Report Abuse

Yeah one year ago greatec was hovering around 1.40.. today it’s more than 6.00

tiberian

61 posts

Posted by tiberian > 2021-04-29 11:59 | Report Abuse

Based on TedTock snippet of Mclean's latest annual report. I notice three things:

1. The net profit margins are small. Hence, they will need to raise cash for any expansion to cater for the expansion in explosive (if any) hard disk supply (this TARGET INVEST KLSE said) to Seagate and the cryptocurrency miners.

2. Revenue from Thailand will do better in 2Q2021 but offset by weak revenue outlook from China. Overall total revenue and operating performance in 2021 would be about the same as in 2020. I thought the explosive hard disk demand from Seagate and Cryptocurrency miners will provide stellar performance for 2021. If performance for 2020 and 2021 is flat growth, then the share price now is overvalued.

3. The Executive Chairman mentioned that its core strength is in contamination control and cleanroom packaging. Why did he not talk about hard disk supply to Seagate and Cryptocurrency miners? Is TARGET INVEST KLSE making this up so the syndicate can manipulate the price? Before he mentioned about the company will provide packaging for the Covid-19 virus. You can read his article here: (https://targetinvest88.blogspot.com/search?updated-max=2021-01-03T16:39:00%2B08:00&max-results=10). That never happened!

It is nice to ride the uptrend but be careful. The numbers and story do not add up. You don't want to be stuck when it limits down.

TedTock

926 posts

Posted by TedTock > 2021-04-29 12:19 | Report Abuse

The annual report and summary was prepared ahead of all this talk of crypto induced demand surges. And furthermore, the company cannot make written comments based on external speculation. Not saying that your view is wrong tiberian, but that’s how it is with this summary.

Bullacent

92 posts

Posted by Bullacent > 2021-04-29 15:53 | Report Abuse

See c's price lah

Dakewlest

1,758 posts

Posted by Dakewlest > 2021-04-29 21:11 | Report Abuse

Next frontken?

stockraider

31,556 posts

Posted by stockraider > 2021-04-29 21:32 | Report Abuse

Buy loh!

zhm540

2,491 posts

Posted by zhm540 > 2021-04-30 09:18 | Report Abuse

today T+3 of recent high... might be some strong selling later in the afternoon...

DepecheM

810 posts

Posted by DepecheM > 2021-05-01 10:19 | Report Abuse

Looks like QES will cross 1.00 this year....so will Mclean

winlast

498 posts

Posted by winlast > 2021-05-03 00:39 | Report Abuse

Tomorrow will continue it uptrend

bungabunga

152 posts

Posted by bungabunga > 2021-05-03 11:22 | Report Abuse

sadly i dont think so..due to current rise in covid cases and a very2 incompetent goverment, its most likely that stocks with value will have a hard time seeing any price movements..mostly shiity stocks will have 'goreng2' session just to trap people..

Posted by Sweetchocalates > 2021-05-03 15:21 | Report Abuse

900 stocks drop. Cheeebyeee

bungabunga

152 posts

Posted by bungabunga > 2021-05-03 16:45 | Report Abuse

slight recovery gives hope to mclean stocks..lets hope market reaches some sort of stability in the near future

ernest60

252 posts

Posted by ernest60 > 2021-05-03 16:56 | Report Abuse

ya, strong buy back and recover frm the support 55 sen....lucky hvnt CL and waited until just now

DepecheM

810 posts

Posted by DepecheM > 2021-05-03 17:06 | Report Abuse

Good come back show... should continue uptrend tomorrow..

bungabunga

152 posts

Posted by bungabunga > 2021-05-04 09:39 | Report Abuse

shitty stock

Chong3710

194 posts

Posted by Chong3710 > 2021-05-04 09:56 | Report Abuse

Keep till next month

bungabunga

152 posts

Posted by bungabunga > 2021-05-04 11:38 | Report Abuse

try next year and see how..hahhaa

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