MI TECHNOVATION BERHAD

KLSE (MYR): MI (5286)

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Last Price

2.60

Today's Change

0.00 (0.00%)

Day's Change

2.57 - 2.62

Trading Volume

1,337,300


9 people like this.

6,908 comment(s). Last comment by Awang123 11 hours ago

Posted by Jing Yong Lim > 2019-10-30 10:20 | Report Abuse

每个人都是从新手开始的,想当初你是新手时有人骂你幼稚吗?

啊哈哈哈哈哈哈

看来你还是不明白为什么我会鸟那wukong够够力。也懒得跟你争辩

TST1234

28 posts

Posted by TST1234 > 2019-10-30 12:38 | Report Abuse

If the coming quarterly results no good, why the company declares bonus issue ?

monetary

4,447 posts

Posted by monetary > 2019-10-30 14:22 | Report Abuse

在网上很好人都有妄想症。以为自己是大人物。

Cash Only

665 posts

Posted by Cash Only > 2019-10-30 14:38 | Report Abuse

MI last June financial account still have trade recievable of 91M... even june till Sep they have ZERO sales.. they will still able to deliver Q financial report perfectly...

GooShen

5,400 posts

Posted by GooShen > 2019-10-30 18:26 | Report Abuse

Hello hello, use English !!

loonginv

852 posts

Posted by loonginv > 2019-10-30 18:55 | Report Abuse

hahaha, poor gooshen..... wanna know what they talked ? go learn Chinese laa !!!! wakaka.... btw, why you such bother for this counter since you don't like it ??? sour grape....

Posted by Jing Yong Lim > 2019-10-30 19:23 | Report Abuse

Loonginv 别笑人家嘛...最主要是大家交流明白就好了。中文英文字沟通重要吗?

monetary

4,447 posts

Posted by monetary > 2019-10-30 20:33 | Report Abuse

from now on all use Chinese. kikiki....

Posted by akupolitikkk > 2019-10-30 20:36 | Report Abuse

can translate ma bodohnya gooshen

cytew

1,595 posts

Posted by cytew > 2019-10-31 07:19 | Report Abuse

这个年代还有人不懂中文 ?

monetary

4,447 posts

Posted by monetary > 2019-10-31 07:30 | Report Abuse

那条粉肠obsolete了。現在鬼老也说一口流利的英语。看看他投资的方式就知道他out了。

Posted by Jing Yong Lim > 2019-10-31 07:55 | Report Abuse

MI公司的其中两大客户Q3业绩都不错对比去年同个季度,但是他们做的CAPEX少了一些。所以MI这个月会交出来什么样子的业绩值得期待。。。做心里准备吧~

monetary

4,447 posts

Posted by monetary > 2019-10-31 07:56 | Report Abuse

我相信MI能交出好的成绩。因为pakaging机器是生产线setup最主要的步调。MI卖了机器osat才开始生产。Penta也卖了很多机器。Penta成绩也会好。

TST1234

28 posts

Posted by TST1234 > 2019-10-31 11:25 | Report Abuse

用逻辑想一想,如果MI的成绩不理想,它为什么要宣布红股呢?由此推论,我猜想它的第三季成绩应该是不错的。

Collin Soo

894 posts

Posted by Collin Soo > 2019-10-31 11:30 | Report Abuse

宣布红股和业绩好不好有什么关联?也可能是法人拉抬股价然后出货的一种做法。

GooShen

5,400 posts

Posted by GooShen > 2019-10-31 11:37 | Report Abuse

Full of China man

TST1234

28 posts

Posted by TST1234 > 2019-10-31 11:47 | Report Abuse

Collin Soo 你说得没错,那是一些邪派公司用的手法。但是MI应该不是这类型的公司。

Posted by Jing Yong Lim > 2019-10-31 11:51 | Report Abuse

666紧张啊~

Posted by Jing Yong Lim > 2019-10-31 11:52 | Report Abuse

说中文的就是China Man?你到底什么神马逻辑?

Posted by Jing Yong Lim > 2019-10-31 11:53 | Report Abuse

Perseushermes就好像不久前的SERBADK业绩公布了没有多久就宣布要送bonus issue warrant share split了

Posted by Jing Yong Lim > 2019-10-31 11:54 | Report Abuse

通常报纸公布的利好消息是最迟的。利空消息是真假难辨

bc8660

253 posts

Posted by bc8660 > 2019-10-31 13:04 | Report Abuse

Not many companies in Malaysia can perform well in current market, but personal think that Mi is quite potential to get explosive growth over next few years.

Just correct and see if it really can perform next few quarters.

Collin Soo

894 posts

Posted by Collin Soo > 2019-10-31 15:15 | Report Abuse

Is it current share price at 3rd wave up?

Cash Only

665 posts

Posted by Cash Only > 2019-10-31 17:32 | Report Abuse

1. In jun19... MI move into their new factory.. worth 100M which give them 4 times more capacity over previous factory.. I don't think their foresight so poor!! totally cannot give them even 25% utilize of their new factory? If like the the CEO should jump off the building.. so useless..
2. Last month they say they still have 100M cash in hand which need to be utilised for expansion.. they can anytime acquired new company which directly contribute income n profit to the company.. just like what Inari do back in 2013.. I bought Inari at around 30s.. I sold all when reach 3.00...that is my first killing in share market.. walk away with 2m cash profit.. but I did make mistake as If I don't sell..today my Inari share should be valued 7-8M with dividend of RM70-80K per Quarter.. Im confident on MI..the owner who own 70% are not stupid.

Posted by Jing Yong Lim > 2019-10-31 18:38 | Report Abuse

Agree+1
More confident to the company

bc8660

253 posts

Posted by bc8660 > 2019-10-31 19:03 | Report Abuse

+1 Exactly what I thought.

monetary

4,447 posts

Posted by monetary > 2019-11-01 07:54 | Report Abuse

Damn! Sounds like it's foolish not to add more.

GooShen

5,400 posts

Posted by GooShen > 2019-11-01 08:37 |

Post removed.Why?

Posted by Wudishijimo > 2019-11-01 08:50 | Report Abuse

Wow goo knows how to read the chart, smart man!

monetary

4,447 posts

Posted by monetary > 2019-11-01 09:23 | Report Abuse

He is an artist who know well about painting. Which stocks that have gone through bonus after bonus & doubled even tripled in value didn't experience small manipulation by syndicate? In the end of the day ppl how know the true picture earn double or triple. Ppl who monitor short term paint job earn peanut.

Posted by Jing Yong Lim > 2019-11-01 12:25 | Report Abuse

公司管理层这么做是为了future

Posted by Wudishijimo > 2019-11-01 15:42 | Report Abuse

Goo, how does it feel to mislead by the fake indication? Admit or don admit?

Cash Only

665 posts

Posted by Cash Only > 2019-11-01 17:29 | Report Abuse

I make my first million cash in INARi before im 35. with the capital of 300k... I turn out 2.3m within 18 months.. if I don't sell.. I shall be retire now.. im 40 now.. so sometime better stick to your own thinking.. believe in it.. of course study n read more...

newbie2y

579 posts

Posted by newbie2y > 2019-11-01 18:36 | Report Abuse

@Cash Only, wow! any advice on how to hold so long? I mean, how did u choose not to sell when price is doubled? what kind of data/info that we shud refer to?

Yu_and_Mee

3,448 posts

Posted by Yu_and_Mee > 2019-11-02 06:19 | Report Abuse

CashOnly, this may not happen in MI again but most likely in other penny stocks which has undiscovered potential of growth.

Posted by HuatAh8888 > 2019-11-02 10:22 | Report Abuse

Yu_and_Mee, seems like all technology company in malaysia cnt growth? Lol...buy company future la, not guessing it la...lol...

cytew

1,595 posts

Posted by cytew > 2019-11-02 13:07 | Report Abuse

With all collected data , analysis and extrapolation, i found Mi is likely to overtake Vitrox within next 5 years with anticipated robust growth rate , I wrote a letter to Mi management in September to request for free bonus warrants to shareholders in a ratio of 1 for 4, but disappointedly is that the management had opted for bonus issue at a ratio of 1 for 2 instead, following was my letter to them in September through AR registered mail , the answer returned indicated that the letter had reach them on 13 September 2019..

cytew

1,595 posts

Posted by cytew > 2019-11-02 13:10 | Report Abuse

Date : 1 September 2019




The Board of directors
Mi Technovation Bhd
No. 20, Medan Bayan Lepas Technoplex
MK 12, Tmn Perindustrian Bayan Lepas,
11900 Pulau Pinang

(Attn : Mr Oh Kuang Eng)

RE: REQUEST FOR ISSUING FREE WARRANTS (5 years duration) AT RATIO 1 FOR 4 TO SHAREHOLDERS

Dear Sir,

Mi (5286), the first ever electronic-based technological stock that was listed straight on the main board in the history of Bursa on 20 June 2018, and our research data has indicated that " A STAR IS RISING ".

On completion of first factory in Bayan Lepas , and pending completion of second factory in Batu Kawan , with the introduction of Robotics and Precision Fabrication Engineering within the group, Mi is expected to grow robustly through possible M&A or organically in next 5 years.

Under the strong and effective leadership with past track records of CEO Mr Oh Kuang Eng, Mi is possibly and likely to be evolved into an entity that is equivalent to " Mi (5286) = Vitrox (0097)+ UWC (5292) " within next 5 years.

Therefore , it is strategically perfect at this very right timing (start heading towards growth with robust growing rate ) for management to reward existing loyal staffs (who are also shareholders ) and pioneer shareholders by issuing free warrants ( 5 years duration is needed ,in order to provide them sufficient time for wealth accumulation without any upfront funding required) to them ,and in order to avoid causing possible heavy dilution on institutional shareholdings (many of them need to dispose off on receiving it due to available restrictions stated in their fund deeds) , issuing at a ratio of 1 for 4 is ideal, as all parties' benefits are being taken care of accordingly 。

Lastly, looking forward to hear from you soon.

Thank you in advance

Yours Sincerely

Ir Tew Chin Yan
(Shareholder of Mi Technovation Bhd)

loonginv

852 posts

Posted by loonginv > 2019-11-02 14:21 | Report Abuse

so pro, cytew !!

monetary

4,447 posts

Posted by monetary > 2019-11-02 15:41 | Report Abuse

It in e&e or mechanical?

cytew

1,595 posts

Posted by cytew > 2019-11-02 16:47 | Report Abuse

I am a chartered Electronic Engineer , had been working in semiconductor factory in early 80s...I know well what is wafer, pallet or dies ...The terms used in semiconductor industry..Therefore I know what is Vitrox, Mi, Aemulus and Penta are doing... During early 80s, all electronic test , inspection equipments were produced by Japanese, European and Americans only...Now Malaysians are producing them...

Posted by Wudishijimo > 2019-11-02 16:49 | Report Abuse

All in, plus margin!

W_Lim

7 posts

Posted by W_Lim > 2019-11-02 17:34 | Report Abuse

Hi, cy tew, which is better for free warrant 1of 4 and bonus issue 1 of 2?

monetary

4,447 posts

Posted by monetary > 2019-11-02 18:17 | Report Abuse

IR cytew. Does MI have to constantly upgrading it's packaging & testing machines when new generation of chips come to market? How about burn in test machine? Any upgrading needed? Thanks in advance.

cytew

1,595 posts

Posted by cytew > 2019-11-02 18:50 | Report Abuse

Monetary, at wafer level, all pallets or dies are mostly in rectangular shapes...Up grading should be on sorting speed, during early 80s , pallet or dies sorting was done manually by human operator under magnifying glass

cytew

1,595 posts

Posted by cytew > 2019-11-02 18:52 | Report Abuse

Warrant first (this year) , next year only issue bonus mother share, like what had happened in Revenue , shareholders get 2 times free warrants within 2 years....As Revenue management had adopted my suggestions to them...Now it becomes best performed Bursa IPO counter in recent years...

cytew

1,595 posts

Posted by cytew > 2019-11-02 18:58 | Report Abuse

Last time most burnt in oven was using logic controller to monitor its temperature and time, currently they are using computer to do the job, beside monitoring , at the same time they collect data as on device failures during burnt in reliability tests...Kesm is providing this type of burnt in services..

loonginv

852 posts

Posted by loonginv > 2019-11-02 23:17 | Report Abuse

old bird, salute you

monetary

4,447 posts

Posted by monetary > 2019-11-03 10:28 | Report Abuse

Thanks for the reply IR crew. I thought packaging & ate machines need upgrading whenever faster & smaller chip is released to market. From your statement sounds like upgrading is to improve productivity instead of catching up with new technology.

monetary

4,447 posts

Posted by monetary > 2019-11-03 10:29 | Report Abuse

Kesm alrdy has many burn is n test machibes under utilised. Since upgrading of burn in test machine is unnecessary do u think burn in machine producers will have stagnant growth?

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