MTAG GROUP BERHAD

KLSE (MYR): MTAG (0213)

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Last Price

0.42

Today's Change

0.00 (0.00%)

Day's Change

0.42 - 0.425

Trading Volume

1,436,500


2 people like this.

4,023 comment(s). Last comment by Baby Shark 2 weeks ago

Posted by Antifakeguru > 2020-05-15 09:44 | Report Abuse

OTB u see. U very powerful.
This u make public loss even more money.
Stay tuned

erkongseng

3,192 posts

Posted by erkongseng > 2020-05-15 10:23 | Report Abuse

mtag0213:
Hurry up and do n’t regret it. From comfort, hlt wa, ruberex to mtag, on the fundamental and technical aspects are in the state of purchase, personal simple calculation:

Just share. Buy and sell at your own risk.
2Q2020 EPS has earned 2.5 cents
Estimated EPS of 4Q2020 can earn 4.5 cents
Take Pe = 18
Stock price = RM0.72
The company's inventory value on 31/12/2019 is 47.41 million
Total deposits and cash totaled 97.45 million, without any debt.
During the epidemic, the company also sold related medical supplies.
As the epidemic improves, mtag will definitely rise. 53 cents price
Skp
Vs
Ataims
These three related stocks

 Hurry up and do n’t regret it. From comfort, hlt wa, ruberex to mtag, on the fundamental and technical aspects are in the state of purchase, personal simple calculation:

Just share. Buy and sell at your own risk.
2Q2020 EPS has earned 2.5 cents
Estimated EPS of 4Q2020 can earn 4.5 cents
Take Pe = 18
Stock price = RM0.72
The company's inventory value on 31/12/2019 is 47.41 million
Total deposits and cash totaled 97.45 million, without any debt.
During the epidemic, the company also sold related medical supplies.
As the epidemic improves, mtag will definitely rise. 53 cents price
Skp
Vs
Ataims
These three related stocks
MR CHAW KAM SHIANG 19-Mar-2020 Acquired 300,000 0.210 View Detail
MR CHAW KAM SHIANG 19-Mar-2020 Acquired 200,000 0.205 View Detail
MR CHAW KAM SHIANG 16-Mar-2020 Acquired 400,000 0.286 View Detail
MR CHAW KAM SHIANG 16-Mar-2020 Acquired 100,000 0.275 View Detail
MR CHAW KAM SHIANG 16-Mar-2020 Acquired 100,000 0.270 View Detail
MR CHAW KAM SHIANG 16-Mar-2020 Acquired 100,000 0.265 View Detail
MR CHAW KAM SHIANG 16-Mar-2020 Acquired 100,000 0.240 View Detail
MR CHAW KAM SHIANG 09-Mar-2020 Acquired 500,000 0.363

MR, CHAW KAM SHIANG BOUGHT 1.8 MILLION SHARES IN MARCH 2020 WHEN MARKET WAS SOLD DOWN IN GREATEST FEAR

WHY IS HE SO FEARLESS BUYING

The boss and I are in the same country and are the seniors of the middle school, honest people.

mtag is still a double bull trend

Starting back today, the callback is complete.

mtag
53 cents is safe, ipo price, like hlt's ipo price of 0.45, the company's stock price is only more than 20 cents, and later rose by 60 cents, and 0213mtag rose to 70 cents before it fell back. Now it is a medical theme stock, but few people found The company sells masks, gloves and other supplies, and trend stocks must be speculated.

Posted by stock_investor > 2020-05-15 11:00 | Report Abuse

No more power today. Powerless. Useless stock.

theruma

19 posts

Posted by theruma > 2020-05-15 15:19 | Report Abuse

From the IPO Prospectus:

"Company C was one of our Group's top 5 major customers for FYE 2018"

Any idea who is Company C?

theruma

19 posts

Posted by theruma > 2020-05-15 15:43 | Report Abuse

"Company C"

A global contract manufacturer and producer of injection moulded plastic precision parts based in the Philippines and who is a subsidiary of a public listed company listed on The Stock Exchange of Thailand

theruma

19 posts

Posted by theruma > 2020-05-15 17:18 | Report Abuse

About 50% of revenue comes from converting Mesh to customer Jabco Filter System Sdn Bhd (subsidiary of ATA IMS)

Mesh are used to make filters in domestic appliances such as vacuum cleaners, air purifiers

MTAG has more than 10 years of technical knowhow and business relationship with Dyson.

Incurred significant testing and development costs on various mesh materials to meet the new specifications of new vacuum cleaner models.

With the recent outbreak of Covid-19 pandemic, Dyson has started producing ventilator named the CoVent. The device is engineered to deliver high quality, filtered air.

The British government has placed an order for 10,000 units.

https://hk.asiatatler.com/society/james-dyson-covent-ventilator-coronavirus

theruma

19 posts

Posted by theruma > 2020-05-15 17:35 | Report Abuse

The Edge reported recently that the British government no longer need Dyson's ventilator

Dyson spent 20mil GBP on developing the ventilator

https://www.theedgemarkets.com/article/dyson-says-uk-government-does-not-need-its-covid19-ventilator

Posted by Antifakeguru > 2020-05-15 20:18 | Report Abuse

See kena con by OTB? He can make a beautiful story because he is remisier. Help his big client earn money not those ikan bilis and rm1k ikan belacan

Posted by Antifakeguru > 2020-05-15 20:28 | Report Abuse

See minetec getting more job again. Believe director than those black heart sifu otb

icepumpkin

818 posts

Posted by icepumpkin > 2020-05-15 22:47 | Report Abuse

The edge article was in April but the tatler article was in May.

kleverman

69 posts

Posted by kleverman > 2020-05-15 22:54 |

Post removed.Why?

theruma

19 posts

Posted by theruma > 2020-05-16 15:19 | Report Abuse

The company is exploring to expand its customer base to various other industries, for example food and beverage (F&B), and medical

Ultrasonic Slitting & Melting Machine utilization rate at 50%

The types of mesh materials that MTAG converts are non-woven materials, fibreglass, PTFE, polyester and stainless steel.

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=882831&bb=899021


Considering the utilization rate for Mesh Machine at only 50%, with the increase in demand for disposable mask, the company may be able to make good use of the production capacity.


Materials used in 3-Ply Disposable Mask on the market: Non-woven

https://www.lazada.com.my/products/local-ready-stock50-pcs-disposable-3ply-non-woven-mask-with-ear-loop-topeng-muka-3-lapis-fast-delivery-breathable-surgical-design-a-grade-medical-quality-water-resistant-i876862433-s2157574304.html?spm=a2o4k.searchlist.list.1.78031fe8QTEUl5&search=1


https://www.lazada.com.my/products/bergamot-3ply-disposable-face-mask-i902000657-s2235222831.html?spm=a2o4k.searchlist.list.7.7cd8e207yLVubw&search=1

cgwee888

21 posts

Posted by cgwee888 > 2020-05-16 16:12 | Report Abuse

erkongseng cakap can buy.. so buy at 53 cents... hope monday will go up

icepumpkin

818 posts

Posted by icepumpkin > 2020-05-16 17:30 | Report Abuse

This counter has future. Just keep. Let the one goremg goreng leave.

Ravi Kumar

3,601 posts

Posted by Ravi Kumar > 2020-05-16 17:47 | Report Abuse

I bought this counter to keep for at least 3 to 6 months not for day trading. Only sohai think price change a bit and start pissing in pants. What a waste of oxygen

stockraider

31,556 posts

Posted by stockraider > 2020-05-16 20:57 | Report Abuse

Good investment strategy mah...!!

Posted by Ravi Kumar > May 16, 2020 5:47 PM | Report Abuse

I bought this counter to keep for at least 3 to 6 months not for day trading. Only sohai think price change a bit and start pissing in pants. What a waste of oxygen

amateurJR

2,366 posts

Posted by amateurJR > 2020-05-16 22:51 | Report Abuse

Welcome my old time sifu Venfx. Miss u and Icon8888 since both of u are less active nowadays

theruma

19 posts

Posted by theruma > 2020-05-16 23:38 | Report Abuse

The company is authorized distributor of Henkel and 3M products

Distribution business gross profit is around 30% for FY19

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=882831&bb=899021


With the company exploring to expand customer base into medical industries, Henkel is also a supplier for medical adhesives

https://www.henkel-adhesives.com/my/en/industries/medical.html


MTAG was appointed as a 3M converter since 2001

The types of mesh materials that MTAG converts are non-woven materials, fibreglass, PTFE, polyester and stainless steel.


The N95 mask requires a fine mesh of synthetic polymer fibers, specifically a nonwoven polypropylene fabric.[5] It is produced by melt blowing and forms the inner filtration layer that filters out hazardous particles

https://en.wikipedia.org/wiki/N95_mask

Posted by EdenOfSaudi > 2020-05-16 23:58 | Report Abuse

Mtag’s website bandwidth limit exceeded !!

theruma

19 posts

Posted by theruma > 2020-05-17 09:44 | Report Abuse

Consumer interest in air purifier in recent weeks as seen in comments sections

https://s.lazada.com.my/s.b4zy8

https://s.lazada.com.my/s.bfdRG

Average 12 hours usage a day, filter replacement once a year

Building owners and employers must improve air quality to prevent spread of Covid-19 through the air conditioning system

https://www.theedgemarkets.com/article/building-owners-employers-must-improve-indoor-air-quality?type=malaysia


Demand for filter related products will be gradually increasing

gohku

373 posts

Posted by gohku > 2020-05-17 09:49 | Report Abuse

Very good cashflow company.
It still hold Rm 100m cash.

Its business are stable and steady as it involve with health PPE.

Good strong business.

myongcc5

708 posts

Posted by myongcc5 > 2020-05-17 10:27 | Report Abuse

Hi Venfx, how r u doing?
I "sapu" MTAG after sold half of Comfort few days ago at abv 2.5.

myongcc5

708 posts

Posted by myongcc5 > 2020-05-17 10:29 | Report Abuse

Thank God!! Made >100%.

freetospeak

5,883 posts

Posted by freetospeak > 2020-05-17 10:54 | Report Abuse

Jus buy la next wk all gloven health related hot hot again...

freetospeak

5,883 posts

Posted by freetospeak > 2020-05-17 10:57 | Report Abuse

Mtag is so cheap now...pe 10 only....cash rich..stable business...health n glove related. Distributor price for ppe n glove also rise...not only manufacturer rise..so if glove counter can earn 3 x to 5x...sure mtage sell ppe also can earn a lot.

freetospeak

5,883 posts

Posted by freetospeak > 2020-05-17 10:58 | Report Abuse

Pe 10 du wan buy ...wan to wait pe 20 n 30 then buy.

Posted by stock_investor > 2020-05-17 11:22 | Report Abuse

Oil counter starting tmr. Believe or not. Healthcare counter need to rest.

Posted by Antifakeguru > 2020-05-17 11:37 | Report Abuse

Mtag boss is happy to see this price. Can buy more lamborghini.

stockraider

31,556 posts

Posted by stockraider > 2020-05-17 11:51 | Report Abuse

One enough mah...lamborghini tak boleh makan mah...!!

posted by Antifakeguru > May 17, 2020 11:37 AM | Report Abuse

Mtag boss is happy to see this price. Can buy more lamborghini.

pradeep

1,324 posts

Posted by pradeep > 2020-05-17 14:30 | Report Abuse

Oil play will come and health related stocks rest or fall .Mtag yes having cash from IPO it is the shareholders money now what is their plans from the IPO fund.Land deal to build factory did not take place

pradeep

1,324 posts

Posted by pradeep > 2020-05-17 14:31 | Report Abuse

Quarter result also delayed to June

pradeep

1,324 posts

Posted by pradeep > 2020-05-17 14:32 | Report Abuse

Anybody in this group can explained the above facts

pradeep

1,324 posts

Posted by pradeep > 2020-05-17 14:34 | Report Abuse

Technically need rest can be seen when it broke 0.53

pradeep

1,324 posts

Posted by pradeep > 2020-05-17 14:35 | Report Abuse

I see as a speculative stock

stockraider

31,556 posts

Posted by stockraider > 2020-05-17 14:38 | Report Abuse

How can it be speculative leh ?
When it hold Rm 100m net cash mah...!!

This is a good quality growth stock mah....!!

It still trade below its ipo price loh....!!

freetospeak

5,883 posts

Posted by freetospeak > 2020-05-17 15:14 | Report Abuse

If speculative price will be 1.50 now....

icepumpkin

818 posts

Posted by icepumpkin > 2020-05-17 16:24 | Report Abuse

Buy when correction. Qr is superb. Will fly when qr out.

pradeep

1,324 posts

Posted by pradeep > 2020-05-17 16:30 | Report Abuse

100 million a lot of money. What the management going to do ? Last quarter result was good.

patrick8

334 posts

Posted by patrick8 > 2020-05-17 16:38 | Report Abuse

I've done my read up on this stock. I believe in its potential.

excelyou

1,255 posts

Posted by excelyou > 2020-05-17 16:48 | Report Abuse

100 million cash, MTAG can purchase materials with deep discount and their margin will be higher than ever.

Their glove & respirator products selling fast.

patrick8

334 posts

Posted by patrick8 > 2020-05-17 16:54 | Report Abuse

Dont think they have a glove factory. Trading or rebranding more like it.

patrick8

334 posts

Posted by patrick8 > 2020-05-17 17:05 | Report Abuse

Financial Analysis and Forecasts
Solid 3-year revenue and core net profit CAGRs of 14% and 25%
MTAG recorded FY16-19 revenue and core net profit CAGRs of 14% and
25% respectively, mainly driven by higher sales arising from the
introduction of new models by its indirect key customer and higher cost
efficiency. MTAG has two core businesses, namely: i) printing &
converting and ii) distribution. The printing & converting arm is the key
contributor to the group’s overall performance, which made up 88% and
87% of the group’s revenue and gross profit in FY19 respectively.

cgwee888

21 posts

Posted by cgwee888 > 2020-05-17 19:13 | Report Abuse

Buy before its too late...

icepumpkin

818 posts

Posted by icepumpkin > 2020-05-17 20:06 | Report Abuse

Just because it does not produce glove does not mean it has no prospect. This one is solid company. Potential to grow is much higher. Glove price surge has priced in the future earnings and profit.

newbie5354_

1,268 posts

Posted by newbie5354_ > 2020-05-17 20:09 | Report Abuse

So many promoters why drop?

theruma

19 posts

Posted by theruma > 2020-05-17 20:24 | Report Abuse

Bloomberg mentions MTAG provides packaging services. The company offers labels and stickers, foams, and cardboard.

https://www.bloomberg.com/profile/person/21219492

During MCO, consumer spending on e-commerce sites such as Shoppee and Lazada increase to new heights.

Packaging and labels seen as benefiting from this online spending habit.

The Edge Malaysia issue 18 May 2020 mentioned about ATA IMS (holding company of Jabco Filters) halted production from start of MCO until mid April.

As such, the filters mesh business may be lower during this period.

As for MTAG printing business, there is no announcement on its operation during MCO.

Printing and packaging was listed as essential service early on during MCO.

It would clear the air if Affin Hwang analysts can make contact with the management on whether operations were affected during MCO.

And what are the company's plan for MTAG Land after abortion of land purchase.

Posted by T800Terminator > 2020-05-17 20:51 | Report Abuse

Many stuck? Hmmmmm next week lowest 0.42?

Posted by Michael Dreamun > 2020-05-18 03:16 | Report Abuse

Why don’t u sell to me at 0.45?Bull Shit!

icepumpkin

818 posts

Posted by icepumpkin > 2020-05-18 07:56 | Report Abuse

Good one @michael.

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