MI TECHNOVATION BERHAD

KLSE (MYR): MI (5286)

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Last Price

1.37

Today's Change

-0.02 (1.44%)

Day's Change

1.36 - 1.40

Trading Volume

20,200


9 people like this.

6,639 comment(s). Last comment by Awang123 2 days ago

stockraider

30,810 posts

Posted by stockraider > 2 months ago | Report Abuse

Good prospect mah!

brandon99

123 posts

Posted by brandon99 > 2 months ago | Report Abuse

Sifu buys first -> Then declare to paid members -> Then declare to public.

PE shoots from 20 to 100. Then lack of catalyst. Declare sell flag to paid members. Keep quiet from public. PE drops from 100 back to 20. Repeat the cycle again.

Sifu always make money. Biggest threat to retail investors are always those sifus.

Phoebe

300 posts

Posted by Phoebe > 2 months ago | Report Abuse

@Brandon, which Sifu are you referring to?

brandon99

123 posts

Posted by brandon99 > 2 months ago | Report Abuse

@Phoebe, sifu in general. You can find a lots of them in Facebook and Telegram. Only subscribed members can get the first batch info. They push using the tactic above without the knowledge of the public. Not all sifus are like that, some are more ethical such as those who advise you to study the financial background of a company.

Many others will say "buy tech stocks! the more pricey one the better!" "pandemic caused a boom in tech gears!", when the pandemic retreated they did not yell "sell tech stocks, as tech gear demand is falling".

They just want you to buy to heat up certain stocks/sectors despite the PE is already very high. They usually sell you an indicator called MCDX claiming it is the tool to look at sharks/whales volume. Actually it is just another momentum indicator disguised as valuable insider info. If you chase using momentum indicator, the market will see sharp surge and fall. Those sifus are killing the market these days. They earned subscription fees as well as capital gains by spreading false info.

cyeec2000

984 posts

Posted by cyeec2000 > 2 months ago | Report Abuse

No time to trade: nice to know that

kevinobc

974 posts

Posted by kevinobc > 2 months ago | Report Abuse

Global semicon sales fell 18.5% y-o-y to US$41.3 bil in January, says SIA

https://www.theedgemarkets.com/node/658030

Posted by NoTimeToTrade > 2 months ago | Report Abuse

The market already reflected the news in the current price.

Phoebe

300 posts

Posted by Phoebe > 2 months ago | Report Abuse

Sold half of my holding. Was thinking to let the profit run but seems there is weakness. Hence settle for 35% profit for 1st half of my holding.

家俊

93 posts

Posted by 家俊 > 2 months ago | Report Abuse

https://www.tradingview.com/x/uHmiphrt/
might down to 1.75

whaleing

176 posts

Posted by whaleing > 2 months ago | Report Abuse

run first, buy in later

Phoebe

300 posts

Posted by Phoebe > 2 months ago | Report Abuse

Down to 1.75? Eagerly waiting

家俊

93 posts

Posted by 家俊 > 2 months ago | Report Abuse

Haha. Same. But later some will come scream 2mr rm3. Buy now!

goody99

1,674 posts

Posted by goody99 > 2 months ago | Report Abuse

Looks like people sell after securing their dividends. The practice is quite normal I believe

Stocker

1,268 posts

Posted by Stocker > 2 months ago | Report Abuse

gogogo

Posted by NoTimeToTrade > 2 months ago | Report Abuse

My first support is around 1.785

Stocker

1,268 posts

Posted by Stocker > 2 months ago | Report Abuse

gogogo

pang72

47,912 posts

Posted by pang72 > 2 months ago | Report Abuse

It is unavoidable of falling because this is tech counter

pang72

47,912 posts

Posted by pang72 > 2 months ago | Report Abuse

Balik 1.50

Cakes Moon

6,649 posts

Posted by Cakes Moon > 2 months ago | Report Abuse

Why Mi suddenly crashing?

nicholas99

9,493 posts

Posted by nicholas99 > 2 months ago | Report Abuse

bank also crash. why mi cannot crash? Bear market now. run first

nicholas99

9,493 posts

Posted by nicholas99 > 2 months ago | Report Abuse

NEW YORK: Billionaire Elon Musk is warning against margin debt, citing the risks of “mass panic” in the stock market as a possible recession looms.

“I would really advise people not to have margin debt in a volatile stock market and, you know, from a cash standpoint, keep powder dry,” Musk said in the All-In podcast released last Friday.

“You can get some pretty extreme things happening in a down market.”

nicholas99

9,493 posts

Posted by nicholas99 > 2 months ago | Report Abuse

Elon musk also tell you run.

brandon99

123 posts

Posted by brandon99 > 2 months ago | Report Abuse

If CPI low, tech will go up again?

Phoebe

300 posts

Posted by Phoebe > 2 months ago | Report Abuse

I will wait for 1.50 again.

Posted by VincentTang > 2 months ago | Report Abuse

Big fish start sell mi. Sold all mi at 1.86.

Posted by VincentTang > 2 months ago | Report Abuse

Sold all mi to buy more Genetec.

Posted by VincentTang > 2 months ago | Report Abuse

Better avoid mi now, big fish start selling mi.

pang72

47,912 posts

Posted by pang72 > 2 months ago | Report Abuse

Avoid all tech bit not only MI

家俊

93 posts

Posted by 家俊 > 2 months ago | Report Abuse

Ez down to 1.75

pang72

47,912 posts

Posted by pang72 > 2 months ago | Report Abuse

The semicon business continue drag the earning.
It will back to square now

Posted by VincentTang > 2 months ago | Report Abuse

I tell you, big fish keep selling mi. Avoid mi. Go buy Genetec.

Posted by NoTimeToTrade > 2 months ago | Report Abuse

Mi already reached its support, and now only you people talk about avoiding Mi? *facepalm*

brandon99

123 posts

Posted by brandon99 > 2 months ago | Report Abuse

With US Fed rate hike next week, tech will take another beating again.

Posted by NoTimeToTrade > 2 months ago | Report Abuse

The market already priced in the potential of a Fed rate hike, this is how the saying "buy the rumour, sell the news" came about. If the Feds hike, nothing happens; if the Feds don't hike, its a surprise, and the market rushes to compensate.

家俊

93 posts

Posted by 家俊 > 2 months ago | Report Abuse

1.75 its a soft support. but the real support i think should be at around 1.57.

goody99

1,674 posts

Posted by goody99 > 2 months ago | Report Abuse

I feel like the rebound these few days has been pretty weak. Maybe it is better to sell now and buy back later

家俊

93 posts

Posted by 家俊 > 2 months ago | Report Abuse

the spike is due to earning report and mentioned by broker thus ppl rush in. no really any big news.
the price eventually retrace back to where it belong

pang72

47,912 posts

Posted by pang72 > 2 months ago | Report Abuse

Time to back below 1.50 to reflect the weak QR

cyeec2000

984 posts

Posted by cyeec2000 > 2 months ago | Report Abuse

luckily did top up, when ppl are fear the cheaper price offered..

Posted by Silent 88888 > 2 months ago | Report Abuse

lucky i got topup some too

brandon99

123 posts

Posted by brandon99 > 2 months ago | Report Abuse

The QR of MI is way better than Genetec, SFPTech, OppStar, Gretech, ...

Of course, promoters have their own assessment standard primarily based on the "story" to push a stock.

Stocker

1,268 posts

Posted by Stocker > 2 months ago | Report Abuse

gogogo

Stocker

1,268 posts

Posted by Stocker > 2 months ago | Report Abuse

gogogo 1.93

Joyce126

625 posts

Posted by Joyce126 > 2 months ago | Report Abuse

Current support is 180. Will not go below 180.
Once pass 200, next target will be 230

Stocker

1,268 posts

Posted by Stocker > 2 months ago | Report Abuse

gogogo wave lai~

Income

6,477 posts

Posted by Income > 2 months ago | Report Abuse

Enemies on the shore…

pang72

47,912 posts

Posted by pang72 > 2 months ago | Report Abuse

Semicon slowing down..
Difficult to support the price

whaleing

176 posts

Posted by whaleing > 2 months ago | Report Abuse

back to 1.80 first

kutipkutip

639 posts

Posted by kutipkutip > 2 months ago | Report Abuse

tech lain naik dia pulak buat hal , apasal merah pulak ?

家俊

93 posts

Posted by 家俊 > 2 months ago | Report Abuse

2.75 soon. hahahahaha

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