Posted by JettLeong > 2023-08-17 10:27 | Report Abuse

Nice, breaking 45 cents after amazing Q2 result was out

Posted by SHOB > 2023-08-18 06:42 | Report Abuse

heading bright way

Posted by JettLeong > 2023-08-22 10:10 | Report Abuse

Heading towards 52 weeks high now 😃

Posted by TOKINE > 2023-08-25 13:09 | Report Abuse

wow, Mestron into Renewable Energy Segment (Bio Gas) , good move! This company's management is really capable in doing business, looking forward for the share price boosts . Well, no buy or sell suggestion, just my little opinion, it is time to add more, anyone in the same ship?

Posted by Hatiharihari > 2023-08-25 16:16 | Report Abuse

Another counter that venture into RE business. Nice~

Posted by fuyohpuyo > 2023-08-25 16:35 | Report Abuse

Mestron’s Managing Director, Mr Por Teong Eng, said: “Our renewable energy segment has
has taken another leap forward with the effective date of the FiT took place. We anticipate this
change to contribute an additional RM2 million to RM3 million annually to our Group’s bottom line
for the next 21 years. Diversifying from our core manufacturing business allows us to generate
additional income, solidifying our position in the market.”

Posted by fuyohpuyo > 2023-08-25 16:35 | Report Abuse

Mestron looking very promising !!

Posted by JettLeong > 2023-08-25 16:42 | Report Abuse

Mestron is setting for RM2-3 million annual earnings surge and robust double-digit growth after obtains SEDA's FiT rate approval for Gua Musang biogas plant

https://www.nst.com.my/business/2023/08/947231/mestron-holdings-obtains-sedas-fit-rate-approval-gua-musang-biogas-plant

Posted by LeonardLiong > 2023-08-25 16:51 | Report Abuse

High chance for it to break 52weeks high then 😁

Posted by Kkristal > 2023-08-25 17:45 | Report Abuse

Time to fly for Mestron, TP 60 sen

Posted by ChloeCheong > 2023-08-28 10:45 | Report Abuse

Global direct consumption of biogas was around 35 Mtoe in 2018. It's projected production of biogas for direct consumption more than doubles, reaching around 75 Mtoe in 2040. Bright outlook for Mestron to get involved into Biogas business

https://www.iea.org/reports/outlook-for-biogas-and-biomethane-prospects-for-organic-growth/the-outlook-for-biogas-and-biomethane-to-2040

Posted by LeonardLiong > 2023-08-28 14:03 | Report Abuse

Good result + venture into RE business, really an uptrend moment for Mestron

Posted by raingod > 2023-08-28 15:04 | Report Abuse

Mestron definitely under the spotlight now... RE sector is big potential...

Posted by ArianaGoh > 2023-08-28 15:14 | Report Abuse

This counter has improved a lot. Mestron has achieved a historical high in net profit in Q2. No need to mention that this RE venture will further increase its EPS in the future

Posted by ThunderZX > 2023-08-28 16:07 | Report Abuse

Hehehe mestron gonna push up to 0.50 today, feeling lucky to buy in last week

Posted by higHChloride > 2023-08-28 16:46 | Report Abuse

very nice momentum, congrats Mestron for tapping into the renewable energy sector

Posted by ArianaGoh > 2023-08-29 08:50 | Report Abuse

It will break 52 weeks high for sure

Posted by TOKINE > 2023-08-29 13:23 | Report Abuse

Malaysia to set up National Energy Council, renewable energy exchange, says Rafizi
https://theedgemalaysia.com/node/680545
Malaysia to set aside RM2b to fund marginally bankable energy projects, says PM
https://theedgemalaysia.com/node/680539
This 2 news brings good impact towards Renewable Energy(RE).
go go go mestron

Posted by OutOfTouch96 > 2023-08-29 16:00 | Report Abuse

Mestron anticipate this change to contribute an additional RM2 million to RM3 million annually to the company's bottom line for the next 21 years.

Mestron's net profit in FY22 stood at around RM10 million and with the FiT rate of 39.75 sen/kW, the biogas renewable energy business segment is poised to contribute approximately 20 to 30 per cent of the company's total income.

Posted by JettLeong > 2023-08-29 16:36 | Report Abuse

Double digit growth in the future for Mestron after venture into renewable energy. Now on the way to break 50 cents now

Posted by Xienry > 2023-08-29 16:48 | Report Abuse

Renewable energy exchange is a bold move by the government, Malaysia will be the first & biggest RE hub in south east asia in near future. Good move by mestron in tapping into the RE scene

Posted by ChloeCheong > 2023-08-29 17:24 | Report Abuse

Give our PM a like to set up National Energy Council in Malaysia which will streamline the business of renewable energy. Mestron is riding on the prominent wave btw 😉

Posted by bobettose > 2023-08-29 17:47 | Report Abuse

very hopeful for Mestron, great move by the management ! Time to hit rm 1 ?

Posted by 500kinhand > 2023-08-29 18:50 | Report Abuse

bursa is set to boost by next week given the formation of double bottom pattern in the index chart. this boost is driven by the NETR announced by PM today. Mestron will be the direct beneficiary of the sentiment. my conservative TP is RM0.70. mestron could go as higher as RM1 if market over reacting

Posted by LeonardLiong > 2023-08-30 09:22 | Report Abuse

Have been following this counter before it ventures into biogas business. Mestron really has strong financial performance and solid fundamentals

Posted by ChloeCheong > 2023-08-30 12:38 | Report Abuse

Looking at the price movement today, Mestron might close at 50 cents today

Posted by SHOB > 2023-08-30 13:05 | Report Abuse

high RSI....

Posted by ArianaGoh > 2023-08-30 13:41 | Report Abuse

It shows good MACD level

Posted by higHChloride > 2023-08-30 16:20 | Report Abuse

Support ups! No sign of dumping yet!

Posted by elhippo2001 > 2023-08-30 17:10 | Report Abuse

Big move by Mestron, more & more RE project are coming for them now

Posted by sh0cklife > 2023-08-30 18:05 | Report Abuse

Don't forget about Mestron speciality poles & telco poles, 5G is developing fast in malaysia too

Posted by JettLeong > 2023-09-01 11:46 | Report Abuse

Involves in Infrastructure and renewable energy business. Mestron is going to be next black horse

Posted by ChloeCheong > 2023-09-01 12:14 | Report Abuse

Sign of breaking 50 cents and you don't wanna miss it 😉

Posted by ArianaGoh > 2023-09-01 13:21 | Report Abuse

It's an uptrend movement for Mestron (It's hitting 52 weeks high alrdy btw)

Posted by Xienry > 2023-09-01 15:47 | Report Abuse

warrant currently looking nice also...

Posted by OutOfTouch96 > 2023-09-01 16:48 | Report Abuse

clearing the road block today, can close at 50sen

Posted by arztronaut > 2023-09-01 17:24 | Report Abuse

Mestron upwards momentum hitting nicely this few days, if manage to hold 0.50 then next support shud be 0.54

Posted by 500kinhand > 2023-09-02 00:18 | Report Abuse

constant uptrend consolidation, with close to 1bil no of shares, once it hits the full throttle, it can simply go up to RM1. im seeing a flipping on the monthly MACD above the zero level. usually when the situation happen to be like this, you wouldnt believe the capability of the price could shoot up. the plane is taxiing, n buckle up, we are taking off!

Posted by ArianaGoh > 2023-09-04 09:50 | Report Abuse

Nice technical analysis using MACD, 500kinhand. Accumulation volume will keep building up and possibly it will shoot up to Rm1 by this year

Posted by LeonardLiong > 2023-09-04 10:34 | Report Abuse

Government also focuses on RE in New Industrial Master Plan 2030 and I believe certain fund will be allocated to RE industry

https://www.nst.com.my/news/nation/2023/09/950116/plan-catalyst-country-become-advanced-nation

Posted by ChloeCheong > 2023-09-04 11:47 | Report Abuse

Mestron will be benefited from the NIMP 2030 I guess. Anyway, it's an unwavering uptrend for this counter

Posted by sh0cklife > 2023-09-04 15:23 | Report Abuse

more to come for MESTRON, can't wait for them to announce more RE projects

Posted by ThunderZX > 2023-09-04 16:30 | Report Abuse

Clearing the 50c big roadblock first, then uptrend lai liao

Posted by higHChloride > 2023-09-04 16:56 | Report Abuse

riding the green sea of renewable energy with mestron!

Posted by ArianaGoh > 2023-09-05 14:58 | Report Abuse

IBs will follow up and increase Mestron's target price

Posted by arztronaut > 2023-09-05 15:39 | Report Abuse

then new tp should be around 0.55-0.60,,

Posted by ChloeCheong > 2023-09-05 15:50 | Report Abuse

it will move up like YTL, slow but steady 😄

Posted by OutOfTouch96 > 2023-09-05 16:28 | Report Abuse

reach my target price & take 20% profit. Now riding the rest of the wave with Mestron

Posted by JettLeong > 2023-09-05 16:36 | Report Abuse

Mestron will continue to break 52 weeks new high

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

slow & steady win the race, Mestron gonna be the winner in 2023