MI TECHNOVATION BERHAD

KLSE (MYR): MI (5286)

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Last Price

1.91

Today's Change

+0.02 (1.06%)

Day's Change

1.87 - 1.91

Trading Volume

604,800


9 people like this.

6,756 comment(s). Last comment by Mitchell79 1 day ago

Shines

2,736 posts

Posted by Shines > 2023-05-12 13:06 | Report Abuse

Those throw to create a panic, now happily buying lo

Davidl

1,804 posts

Posted by Davidl > 2023-05-12 18:11 | Report Abuse

Ready for a rebound play?

stockraider

31,556 posts

Posted by stockraider > 2023-05-13 10:16 | Report Abuse

At rm 1.42 resonable fair price mah!

chkhooju

1,706 posts

Posted by chkhooju > 2023-05-13 10:35 | Report Abuse

Try to avoid.

lloydlim

3,921 posts

Posted by lloydlim > 2023-05-15 11:52 | Report Abuse

Bo lak rebound

Shines

2,736 posts

Posted by Shines > 2023-05-16 07:44 | Report Abuse

Its like that lo, have to relay the foundation on the spring board to get the right level to jump further.

stockraider

31,556 posts

Posted by stockraider > 2023-05-16 09:52 | Report Abuse

At PE more than 20x abit pricey....but advantage is got very big growth prospect...once the headwind is behind their back mah!

Posted by kokchengkai > 2023-05-17 19:09 | Report Abuse

legal action againts Mr. Chin Yong Keong

家俊

141 posts

Posted by 家俊 > 2023-05-17 22:19 | Report Abuse

haha , maybe this is the reason the share drop

家俊

141 posts

Posted by 家俊 > 2023-05-17 22:37 | Report Abuse

hoho. got new drama watch this few days. see how its turns out
by the way would like to know more regarding the period while hes still in MI

家俊

141 posts

Posted by 家俊 > 2023-05-17 22:41 | Report Abuse

Posted by pang72 > 16 minutes ago | Report Abuse

https://theedgemalaysia.com/node/667415

Very stingy company can't tahan ex employee success?


eh dont say like that later someone say u mabuk talk

lloydlim

3,921 posts

Posted by lloydlim > 2023-05-18 00:23 | Report Abuse

Aiyo, drama lagi ke? Edelteq IPO gg.com lo?

8dragon

2,036 posts

Posted by 8dragon > 2023-05-18 09:00 | Report Abuse

Edelteg is more or less a duplication of mi, so should be a gg stock...

Fisol3

7 posts

Posted by Fisol3 > 2023-05-18 15:50 | Report Abuse

there been rumor that MI taiwan site is closing down. anyone can verify this?

家俊

141 posts

Posted by 家俊 > 2023-05-20 18:02 | Report Abuse

Bingo

Income

10,393 posts

Posted by Income > 2023-05-21 05:10 | Report Abuse

—> see a listed company will sue ex- employee for small little misleading fault unless worry about losing out to competitor. Mi sedap sudah jadi Mi bubur cha cha??? Drama baru selepas drama Revenue— pergi drama Bahvest—- pergi drama MI pula???

Income

10,393 posts

Posted by Income > 2023-05-21 05:10 | Report Abuse

--> see a listed company will sue ex- employee for small little misleading fault unless worry about losing out to competitor. Mi sedap sudah jadi Mi bubur cha cha??? Drama baru selepas drama Revenue- pergi drama Bahvest-- pergi drama MI pula???

Shines

2,736 posts

Posted by Shines > 2023-05-21 10:40 | Report Abuse

Sit down and close the subjuct la, why wanted to go to court, even you get back the staff, you cant get back his heart.

Income

10,393 posts

Posted by Income > 2023-05-21 10:43 | Report Abuse

Mi sedap sudah jadi Mi bubur cha cha??? 🙄

Income

10,393 posts

Posted by Income > 2023-05-21 12:37 | Report Abuse

People like to gamble Mi hancur 😂

Income

10,393 posts

Posted by Income > 2023-05-21 12:57 | Report Abuse

Mi hancur story Baru starting la. Will become more exciting story??? 😴

家俊

141 posts

Posted by 家俊 > 2023-05-21 14:22 | Report Abuse

anyway someone will all in mi sedap🤣

8dragon

2,036 posts

Posted by 8dragon > 2023-05-21 17:43 | Report Abuse

Tech stocks will all tumble next week...

Income

10,393 posts

Posted by Income > 2023-05-21 17:45 | Report Abuse

Mi Sedap —> Mi Rahmah 50 sen… buy lah dah Rahmah harga lelong la. 😜

Income

10,393 posts

Posted by Income > 2023-05-21 17:54 | Report Abuse

Mi Rahmah—> Mi Bankrap. Harap tak jadi Mi Bankrap saja lah. 🤥

Income

10,393 posts

Posted by Income > 2023-05-22 05:41 | Report Abuse

Mi Rahmah 😫

stockraider

31,556 posts

Posted by stockraider > 2023-05-22 07:35 | Report Abuse

Still good investment loh!

Income

10,393 posts

Posted by Income > 2023-05-22 07:46 | Report Abuse

Tiba tiba Stockraider aktif… 💃🕺

Income

10,393 posts

Posted by Income > 2023-05-22 09:05 | Report Abuse

Mi masih sedappp ker… 😝

家俊

141 posts

Posted by 家俊 > 2023-05-22 10:44 | Report Abuse

https://www.tradingview.com/x/lVIWoaHH/
look at this stock performance, just look at it.
if this doesnt bounce. nothing will😂

家俊

141 posts

Posted by 家俊 > 2023-05-22 10:58 | Report Abuse

https://www.tradingview.com/x/OxTvw1Ec/
by the ways here the comparison with its competitor.
lol. bad perfomance

Income

10,393 posts

Posted by Income > 2023-05-22 19:47 | Report Abuse

Dah jadi Mi Rahmah already 😮

Income

10,393 posts

Posted by Income > 2023-05-22 20:05 | Report Abuse

Mi sue Ex employee maybe because he managed to get Mi clients to switch to his newly IPO company lah??? Itu pun mahu sue… That’s fair competition lah…😍
I skip company yang scare of competition lah 🙄

家俊

141 posts

Posted by 家俊 > 2023-05-22 20:11 | Report Abuse

someone attended agm 2 years ago, and studied hard for their fundamental..and listening the CEO Oh about their corporate direction.

it seem like a good stock. but why it drop

Posted by DividendGuy67 > 2023-05-23 00:09 | Report Abuse

Mi needs to explain more transparently how it manages its cash. It's Net Cash positive. Money Market funds 199m + Cash 197m. Yet, it borrowed 22m in the quarter. Why? Why borrow 22m (presumably not interest free) when it has so much cash? The only reason is if it can earn more in cash than its borrowings, which raises eyebrows. Hoarding cash and not explaining its latest plans on the cash hoard leaves the market suspicious - the market is littered with companies that never shares its cash with shareholders for many, many years.

Posted by DividendGuy67 > 2023-05-23 00:13 | Report Abuse

B7 in the quarterly report said that the private placement of RM295m was utilized 53.5% leaving another 46.5% unutilized, which includes repaying 15m borrowings, but there's a disconnect that that instead of repaying 15m borrowing, it borrowed 22m. Hmmm ... no clues.

Posted by DividendGuy67 > 2023-05-23 00:19 | Report Abuse

In A9 in quarterly report, its segmental reporting somewhat unclear. For SEBU line (semi-con equipment business unit), YoY, revenues dropped from 44.6m down to 39.1m, delta of 5.5m. PBT dropped from 7.3m down to 1.3m, delta of 6m, bigger than revenue drop. Can't make sense of that reporting at all, as PBT dropped even more than revenues. Market has to assume the worse that its SEBU business must be struggling a lot.

Posted by DividendGuy67 > 2023-05-23 00:22 | Report Abuse

In A13, its capital commitment is only 9m. How to make sense with B7 where the private placement says 295m, utilizing 53.5%. Does this mean MI raised a lot of monies, but have no concrete plans on how to spend it, and then borrows monies and what's the plan to arrest the huge drop in SEBU profitability? Does Management knows what it is doing?

Posted by DividendGuy67 > 2023-05-23 00:31 | Report Abuse

ilyst926, that's true. 2 years ago, market valued Mi highly, including a successful private placement at much higher price than today. Those investors must be very angry looking at today's share price.

家俊

141 posts

Posted by 家俊 > 2023-05-23 01:42 | Report Abuse

yes ur right.
even kwsp joining in. look at now. those big whale all gone.

Income

10,393 posts

Posted by Income > 2023-05-23 05:20 | Report Abuse

These big whales are not fooled by Mi rahmah. They know… they run away first 😫

Income

10,393 posts

Posted by Income > 2023-05-23 07:32 | Report Abuse

Good company focuses on job at hand… not fiddling into minor outside distractions. 🙅

Posted by FinanceInRealLife > 2023-05-23 19:11 |

Post removed.Why?

Income

10,393 posts

Posted by Income > 2023-05-23 19:41 | Report Abuse

Mi hancur dah??? 🤮

Awang123

91 posts

Posted by Awang123 > 2023-05-24 15:17 | Report Abuse

tunggu harganya jatuh lebih rendah daripda NTA baru masuk

Income

10,393 posts

Posted by Income > 2023-05-24 17:55 | Report Abuse

No eyes see 🙈

monetary

4,357 posts

Posted by monetary > 2023-05-25 17:00 | Report Abuse

They only let u know cfo left. How many talented engineers joined cfo new Co? Only insuders know.

家俊

141 posts

Posted by 家俊 > 2023-05-25 18:58 | Report Abuse

Cfo or not Ady many talented ppl left.
As I state last year🤭

Cakes Moon

6,807 posts

Posted by Cakes Moon > 2023-05-26 08:00 | Report Abuse

Better buy US stocks!!!
Up like no tomorrow, KLSE is hangus!!!

Zhuge_Liang

2,370 posts

Posted by Zhuge_Liang > 2023-05-26 11:58 | Report Abuse

Do not pity this idiiot, keep losing money is the punishment.
Lost in so many stocks still want to attack others.
Shameless liar will never win in the stock market.
Continue to lose until bankrupt is a good move.
I wish to see the final episode.

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