Posted by Boringguy > 2020-06-17 12:38 | Report Abuse

Engine warm up?? if today can stay 0.5 or above will be good !! haha

Posted by keychain > 2020-06-17 12:46 | Report Abuse

Let's Operator to decide. My dream is above 69 this month.

Posted by keychain > 2020-06-17 12:49 | Report Abuse

Break new high

Posted by zen_2k > 2020-06-17 14:03 | Report Abuse

haha hopefully keychain hopefuly...

Posted by Boringguy > 2020-06-17 14:36 | Report Abuse

Hohohohohoh......signal lai liao

Posted by cckiong > 2020-06-17 15:17 | Report Abuse

What signal. Price stagnant

Posted by keychain > 2020-06-17 15:18 | Report Abuse

Not easy new high, so many selling.

Posted by Boringguy > 2020-06-17 16:26 | Report Abuse

Look like no power to push up to 0.5...

Posted by keychain > 2020-06-17 16:54 | Report Abuse

No problem why no power? Slow slow up also no chance?

Posted by Boringguy > 2020-06-17 16:59 | Report Abuse

go chance.. as long price below 0.530.. can buy and hold only... dividend so good... better than FD.. let grow with company...is right time to push some money in the market... haha

Posted by zen_2k > 2020-06-17 17:27 | Report Abuse

next QR will be the key for major push upwards

Posted by keychain > 2020-06-17 17:33 | Report Abuse

Boringguy, Thanks for console.

Posted by Boringguy > 2020-06-17 18:05 | Report Abuse

if you got extra fund you can try to average it... last Friday and Monday big drop from bursa MTAG support price 0.46... due to this company just listed nothing much to do compare... with recent QR report and last months just declare dividend... overall this company still healthy... who know coming release QR give us more surprise ? and now country already uplift from mco.. majority already operate... coming soon september or october a lot of company will announce their QR expect no very good due... For MTAG no much worry because they hold a lot cash because just listed and their debt also very low... for me i think is safe to hold it and see two more QR.. haha

Posted by YONG > 2020-06-18 11:57 | Report Abuse

Cut loss Mtag, 50% of holding. go to buy glove stock ~

Posted by SuperPanda > 2020-06-18 18:21 | Report Abuse

sold back some 50% to recover capital, report will be lower qoq and yoy, so more downside possible

keep cash to buy back lower

Posted by Boringguy > 2020-06-18 18:25 | Report Abuse

@SuperPanda... where you got the information???

Posted by Slc1 > 2020-06-18 18:34 | Report Abuse

Ya @SuperPanda ,where u got the information??????

Posted by Boringguy > 2020-06-18 18:57 | Report Abuse

you guess or you got insider news... i go thru they quarter report...

31 December 2019 vs 30 September 2019
Distribution division + 43%
Converting division - 12 %

Coming QR going to release expect the Distribution grow up more and converting maintain or increase due the demand.

may i am wrong i not sure.. but recently share price drop i believe some profit taking and market uncertain due to last week friday and monday bursa market big drop.

@SuperPanda if you have new kindly share please haha

Posted by Khoo810 > 2020-06-18 23:45 | Report Abuse

Calvintaneng missing? He so bullish mtag.

Posted by Radeon > 2020-06-19 08:22 | Report Abuse

i think below 0.50 is good price, or of course u can choose to join when break 0.60.

Posted by Boringguy > 2020-06-19 09:13 | Report Abuse

yup agreed.. below 0.5 is very good price... right now the company 100mil cash in hand and zero debt..

Posted by keychain > 2020-06-19 11:09 | Report Abuse

Not even slowly up because too famous before operator keep enough paper. Every time like that, no famous then operator very excited. i think no more goreng.

Posted by keychain > 2020-06-19 11:09 | Report Abuse

Good luck!

Posted by keychain > 2020-06-19 11:12 | Report Abuse

See the latest Minetec and Presbhd. No ready one, suddenly one.

Posted by Boringguy > 2020-06-19 11:24 | Report Abuse

LOL... you already hold so long de... and QR going to release soon... why not wait after QR release only make decision ?

Posted by keychain > 2020-06-19 11:35 | Report Abuse

Boringguy, never mind lah. Just now i entered Presbhd ady done 6cen gain. Good luck to all of you here. Cheers..

Posted by Boringguy > 2020-06-19 11:46 | Report Abuse

congrat!! ok.. good luck and enjoy your profit

Posted by birkincollector > 2020-06-19 17:55 | Report Abuse

results out...seem ok....but is it good enough?

Posted by cckiong > 2020-06-19 18:06 | Report Abuse

poorer results coming next quarter due to MCO close

Posted by BATFLY > 2020-06-19 18:08 | Report Abuse

Sold last month. Fundamentally strong with no debt and cash rich. Not sure which generation but the current owner is complacent with the current company's growth and no urgency to grow..

Posted by pantor > 2020-06-19 18:08 | Report Abuse

Still can earn 1.19 Sen considered quite good. Some more got 2 Sen dividend. Not bad.

Posted by Kuchivava > 2020-06-19 18:42 | Report Abuse

QR report out oledi...

Posted by kobethebeagle > 2020-06-19 18:45 | Report Abuse

QR is out, overall good result! Cash rich company + good profit now, they will have more cash to splash!

Posted by Boringguy > 2020-06-19 19:05 | Report Abuse

Long waiting QR...finally QR is out... yup overall is good... converting division drop 13% and distribution division increase another 10%.....zero debt... cash rich... and expect the distribution will keep growing to offset the converting division impact by mco....the best thing is NP still maintain above 15%...

Posted by TillyLovers > 2020-06-19 19:09 | Report Abuse

will Monday limit up?

Posted by SuperPanda > 2020-06-19 19:27 | Report Abuse

a decent result with lower qoq as predicted, i think market will happy for it as we are in covid

i believe we can hold for long term now without worry too much

Posted by cckiong > 2020-06-19 19:49 | Report Abuse

Lower qoq and poorer results next quarter will suppress the share price to a certain extent until earning improves. How the market punishes mtag will be seen on Monday

Posted by gemfinder > 2020-06-19 19:52 | Report Abuse

Said covid benefit? Poor result

Posted by Slc1 > 2020-06-19 20:24 | Report Abuse

Considered good cos MCO mah....

Posted by karimboss > 2020-06-19 20:31 | Report Abuse

QtoQ drop no good

Posted by Woodswater > 2020-06-19 20:45 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3060378

Posted by SlayerZ > 2020-06-19 21:20 | Report Abuse

I'm quite impressed of MTAG QR.
70-80% of counters listed in Bursa did not perform well, what do you expect to a company that cant operate during MCO? Making products at their bedroom and kitchens?

Posted by karimboss > 2020-06-19 21:22 | Report Abuse

MCO in march only 10days leh. working day only 7 days.

Posted by karimboss > 2020-06-19 21:23 | Report Abuse

The decreased of profit was mainly attributed to lower revenue, earnest deposit forfeited for
termination proposed acquisition of land and unrealised foreign exchange loss from weakening RM
against other foreign currencies.

Posted by SuperPanda > 2020-06-19 21:27 | Report Abuse

yes, next qtr will be lower but many company even worst, not only much lower profit but -ve

if it can stand during bad time, good times will be superb

Posted by Boringguy > 2020-06-19 21:27 | Report Abuse

Let see monday how and let mr market decide.. i think overall is ok.. current market can make profit with NP 19% good enough..

With below statement:

The Board and management expect situation to remain challenging for the remaining quarter of the financial year 2020 depending on the scale and length of the Covid-19 pandemic. Despite all uncertainties arising from the current Covid-19 pandemic, the Group is confident that it will continue to be profitable.

Posted by Slc1 > 2020-06-19 21:35 | Report Abuse

Yes agreed with SlayerZ.

Posted by OneSmallStep > 2020-06-19 21:47 | Report Abuse

Its a good results. Can hold for the long term. If Q2 drop, it is more of a common drop of all stocks and not attributed to MTAG specific factors. All the best to MTAG holders

Posted by chokichoki > 2020-06-19 22:09 | Report Abuse

Being profitable is respectable. Looking around, can see listed cos repoprting losses for Q1. So for MTAG to record profit similar to Q3'19, looks like management did a good job at cost efficiency.

Posted by kobethebeagle > 2020-06-19 22:17 | Report Abuse

MTAG IPO was 0.53 sen, given current result, showing the company is able to maintain profit and continue to grow, I would be keeping this for long term.