MTAG GROUP BERHAD

KLSE (MYR): MTAG (0213)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.315

Today's Change

0.00 (0.00%)

Day's Change

0.315 - 0.32

Trading Volume

234,100


2 people like this.

4,029 comment(s). Last comment by Baby Shark 2 weeks ago

yorkyork

2,775 posts

Posted by yorkyork > 2020-07-11 15:58 | Report Abuse

Value investing at the end the price will go back the value.

yorkyork

2,775 posts

Posted by yorkyork > 2020-07-11 15:59 | Report Abuse

This is what fund manager do buy n wait for the price to reach the value.

icepumpkin

818 posts

Posted by icepumpkin > 2020-07-12 12:03 | Report Abuse

This is not money game counter. Dnt expect price shoot up 50% in 1 day. This is stable counter, go up slowly abd steadily.

EagleEye

499 posts

Posted by EagleEye > 2020-07-12 20:48 | Report Abuse

.
slow and steady is the style to go for this counter to be stable, and avoid surge of inflow volumes which triggered unnecessary attention

Booyeah

365 posts

Posted by Booyeah > 2020-07-13 00:20 | Report Abuse

low pe compare to their peers. only pe of 10.. judge carefully..

Panorama1

971 posts

Posted by Panorama1 > 2020-07-13 08:47 | Report Abuse

Can easily support a PE of 15 considering that it can continue to be a growing Company Post-Covid.

amateurJR

2,366 posts

Posted by amateurJR > 2020-07-13 13:09 | Report Abuse

Baby Shark what u said true bo? Dont tell lies lo

Posted by razorknight > 2020-07-13 14:10 | Report Abuse

This counter will go up slow and steady..... if got spare cash and put on this counter for steadily going up.....

Collin Soo

897 posts

Posted by Collin Soo > 2020-07-13 17:07 | Report Abuse

Supermax = Fast and furious; MTAG = Slow and steady

EagleEye

499 posts

Posted by EagleEye > 2020-07-14 19:31 | Report Abuse

.
i have a good view on this MTAG, however i need to cash out from this counter after got some little profits, for other counters.
you guys keep fighting, i shall be back...

Slc1

856 posts

Posted by Slc1 > 2020-07-14 20:45 | Report Abuse

All the best @ EagleEye.

EagleEye

499 posts

Posted by EagleEye > 2020-07-15 02:14 | Report Abuse

.
Thanks, same to all here, add oil... keep fighting

Slc1

856 posts

Posted by Slc1 > 2020-07-15 11:18 | Report Abuse

Add oil.

yorkyork

2,775 posts

Posted by yorkyork > 2020-07-15 23:06 | Report Abuse

Soon

Posted by Sharetrading168 > 2020-07-17 12:36 | Report Abuse

Buy glove stocks lah if you want to make money, no point holding on to this lagging stock, if market crash, this stock will not be spared too, make quick profit better

Slc1

856 posts

Posted by Slc1 > 2020-07-17 13:31 | Report Abuse

If market crash, all stock die.

Collin Soo

897 posts

Posted by Collin Soo > 2020-07-17 15:05 | Report Abuse

still uptrend

zen_2k

617 posts

Posted by zen_2k > 2020-07-17 17:28 | Report Abuse

why? is glove counters slowing so u have to come to other counters to ask investor join u to push gloves stocks? xD

Slc1

856 posts

Posted by Slc1 > 2020-07-19 20:13 | Report Abuse

My TP RM 1.30.

tressele

1,498 posts

Posted by tressele > 2020-07-20 10:25 | Report Abuse

collect!

Booyeah

365 posts

Posted by Booyeah > 2020-07-21 14:38 | Report Abuse

MTAG

At 53 Sen, it is a good entry point to invest in Mtag with an upside potential exceeding 60 Sen. At PE 12 to 15, its valuation with projected 5 Sen EPS would be from 60 Sen to 75 Sen. It is a growing CO per it’s business and expansion plan spelt out in the prospectus during its IPO in Sept 2019.

MTAG at 53 Sen is currently trading at PE 10.5 based on 4 Qtrs rolling EPS of 5.05 Sen. The Co had paid 2 interim dividends totaling 3 Sen, thus trading at an attractive dividend yield of 5.66%

Financial
The Net Asset per share is 28 Sen with cash of RM 105.7 mil or 15.5 Sen per share. The Co has good cash flow with net cash generated from operation is RM24.7 mil per Q3 report.

Results for financial year-to-date 9 Mths 31 March 2020

The Co is operating with a high gross profit margin of 32.1% and PBT margin of 24.7%.

For the financial year-to-date, the Group recorded revenue of RM136.47 million with gross profit of RM43.834 mil and PBT of RM33.726 mil. The Group’s revenue was principally derived from the converting business segment, accounting for approximately 84.57% of the total revenue for the financial period-to-date. The Malaysian market remain the largest market contributing to the Group’s revenue accounting to approximately 96.19% of the total revenue for the current financial period-to-date. During the current financial period under review, the Group has recognised a one-off listing expenses amounting to RM1.87 million and incurred forfeited deposit of RM245.6K which are not recurring.

The Co reported a net profit of RM25.166 mil with EPS of 3.69 Sen. Adjusting for the non-recurring expenses above the core net profit would be RM27.281 with EPS of 4.0 Sen. Despite the MCQ in Q3 quarter affecting business operation, the Co reported a net profit of RM8.128 mil with EPS of 1.19 Sen.

Posted by Sharetrading168 > 2020-07-21 20:59 | Report Abuse

As usual, tomorrow start to fall back to 0.525..........

yorkyork

2,775 posts

Posted by yorkyork > 2020-07-21 21:08 | Report Abuse

明天上挑58

Posted by razorknight > 2020-07-21 21:12 | Report Abuse

ya.... seems to be on the uptrend for this counter....

tws13282

358 posts

Posted by tws13282 > 2020-07-21 22:36 | Report Abuse

as usual is rise till 0.58 then fall back

Posted by Winner267711 > 2020-07-22 06:30 | Report Abuse

Thank you Calvintaneng for your good news.

Frank Tan

533 posts

Posted by Frank Tan > 2020-07-22 11:57 | Report Abuse

this counter a bit slow....sleepinggggg

Slc1

856 posts

Posted by Slc1 > 2020-07-22 13:10 | Report Abuse

Need to wait for coming QR to push it up.

Taka47

297 posts

Posted by Taka47 > 2020-07-22 22:15 | Report Abuse

wow.. calvin also here.

Posted by OneSmallStep > 2020-07-22 22:16 | Report Abuse

From the low of 21 cents.in March..to 56 now..how much more you want it to be up

Posted by razorknight > 2020-07-22 23:12 | Report Abuse

I believe I can fly.....hehehehh

SlayerZ

108 posts

Posted by SlayerZ > 2020-07-23 12:32 | Report Abuse

https://klse.i3investor.com/blogs/bimbresearch/2020-07-13-story-h1510636008-MTAG_Group_Meeting_highlights.jsp

Potential dividend in final quarter, validates high dividend yield.​​​​​​​ MTAG established a dividend payout policy of minimum 20% of PAT. As at 9MFY20, the Group declared 3.0 sen DPS, translating to 81% dividend payout and an attractive dividend yield of 5.3% at current level. We expect of potential dividend to be declared in upcoming quarter (final quarter ending June 2020), given its strong net cash of 15.5 sen per share as at 9MFY20

Can we get like 3c for final dividend :)

thesteward

6,782 posts

Posted by thesteward > 2020-07-23 22:54 | Report Abuse

Mtag also do face mask but many don’t know

thesteward

6,782 posts

Posted by thesteward > 2020-07-23 23:20 | Report Abuse

Mtag do mask n health care prod too. Good FA

tws13282

358 posts

Posted by tws13282 > 2020-07-24 09:28 | Report Abuse

Mtag only distributor for face mask. There are many 3M distributor in Malaysia. This need to depend on the stock they have

Fattymin

245 posts

Posted by Fattymin > 2020-07-24 16:14 | Report Abuse

mtag sell face mask only.

thesteward

6,782 posts

Posted by thesteward > 2020-07-26 20:22 | Report Abuse

Cleaning products n gloves ?

thesteward

6,782 posts

Posted by thesteward > 2020-07-26 20:24 | Report Abuse

Unless website is not true which I doubt

thesteward

6,782 posts

Posted by thesteward > 2020-07-26 20:24 | Report Abuse

Mtag is fundamentally good . Will keep for mid

Taka47

297 posts

Posted by Taka47 > 2020-07-27 15:48 | Report Abuse

Distibutor only. Not manufacturer for glove.

Posted by heavenlarr > 2020-07-28 15:48 | Report Abuse

vs and skpress up so much,mtag still lingering here.. haiz..

Taka47

297 posts

Posted by Taka47 > 2020-07-28 16:48 | Report Abuse

I feels u bro..but just hold kuat kuat.. just matter of time as long as the chart is on uptrend.and didnt break the support. Then it should be good.

Tan Frank

139 posts

Posted by Tan Frank > 2020-07-28 16:51 | Report Abuse

Better than Esceram,released QR wrong timing.
If not today at lease 0.70,pitty them seeing every heathcare stock boom

zen_2k

617 posts

Posted by zen_2k > 2020-07-28 17:35 | Report Abuse

giving chance to accumulate xD when fly hard to catch up dy

Taka47

297 posts

Posted by Taka47 > 2020-07-28 17:51 | Report Abuse

this stock i really duno man.. Good FA Good TA, but sideway since June.,,,Zzzzzzzzz

tws13282

358 posts

Posted by tws13282 > 2020-07-28 19:01 | Report Abuse

charging its power

thenewbie

99 posts

Posted by thenewbie > 2020-07-29 10:10 | Report Abuse

this stock need alot of patient :D ..

Taka47

297 posts

Posted by Taka47 > 2020-07-29 17:29 | Report Abuse

today also. just up another 0.005 sen. Mtag please wake up.

Post a Comment
Market Buzz