Posted by tuapuikia > 2020-08-07 15:59 | Report Abuse

Green green green!!!

Posted by alakapala > 2020-08-07 16:07 | Report Abuse

I start collect now guys, bye bye

Posted by tuapuikia > 2020-08-07 16:11 | Report Abuse

collect collect collect !!

Posted by tuapuikia > 2020-08-07 16:13 | Report Abuse

collect collect!!

Posted by Sharetrading168 > 2020-08-07 16:22 | Report Abuse

Hahaha, run as fast as you can, don't hesitate, you'll see your profit disappear sooner than you realize it

Posted by Hotstuff > 2020-08-07 16:26 | Report Abuse

congrat those who buy high. 30% loss in one day LOL

Posted by Sneakpeek > 2020-08-07 16:33 | Report Abuse

many burn today..watching from sideline.

Posted by ioio00 > 2020-08-07 16:40 | Report Abuse

lol ！ stay rm1 high condo

Posted by Panorama1 > 2020-08-07 17:17 | Report Abuse

What a rollercoaster ride. Intra-day spread (High to Low) of > 40%. Hopefully, not many burnt Ikan Bilis.

Posted by chillitomato29 > 2020-08-07 17:18 | Report Abuse

damn! one day limit up one day limit down

Posted by Slc1 > 2020-08-07 17:41 | Report Abuse

Know why? Bcos Mahathir talk 3 talk 4 just now.

Posted by Stocklimitup > 2020-08-07 19:55 | Report Abuse

Wow. Drop towards the end. Next week this stock will rebound or not,guys?

Posted by Taka47 > 2020-08-07 20:35 | Report Abuse

I think alot ppl ciao ady

Posted by goodiewilly > 2020-08-07 20:56 | Report Abuse

Buy again..go back1.20 soon...too strong company

Posted by Steviaman > 2020-08-07 22:06 | Report Abuse

This is good company. Certainly worth RM1.50 range at the PE of 20-25.

Dip low buy more. It will sure fly again next week.

Posted by cyndii > 2020-08-07 22:23 | Report Abuse

Steviaman sure boh got any latest news?

Posted by Newbiexxxxxxxxx > 2020-08-07 22:49 | Report Abuse

Yup glove and mask company.. definitely can go higher

Posted by akrsaham12 > 2020-08-07 22:54 | Report Abuse

Sort of domino effect... when all those likit up counter drop like crazy the rest was affected... but again this company has a good FA ^_^

Posted by Joey23 > 2020-08-07 23:18 | Report Abuse

Yes, agreed. This is a good company with stable turn over

Posted by wendycwl > 2020-08-07 23:37 | Report Abuse

Good dividend also

Posted by Jeevan9156 > 2020-08-07 23:52 | Report Abuse

Will bounce back on monday .. It is due to covid 19 is still increasing and plus with lebanon explosion .. Healthcare and rubber industry would plays a critical role in producing more product to save the mankind .. huat huat on monday ..

Posted by tuapuikia > 2020-08-08 08:57 | Report Abuse

Monday will be panic sell or panic buy, need to gamble

Posted by yang88 > 2020-08-08 09:16 | Report Abuse

After 4.50pm, still have ppl threw 18400lots. Good or bad sign?

Posted by super_newbie > 2020-08-08 09:40 | Report Abuse

so sad a good counter become goreng counter

Posted by yang88 > 2020-08-08 09:50 | Report Abuse

Ya, so... difficult and waited so long to push up the price to Rm1, and within day, let it falls back to 80 + cents, so sad....

Posted by Sniper86 > 2020-08-08 10:28 | Report Abuse

Don't fall in love with a stock. Just take profit when it spikes

Posted by yang88 > 2020-08-08 12:00 | Report Abuse

Haha, you r right, thanks...

Posted by Drsnazzy > 2020-08-08 12:17 | Report Abuse

We recently hosted a conference call with MTAG’s management and received key updates and outlook of the company. We gathered several key positives on its fundamental and long term business prospects.

Long-term outlook is exciting, impressive growth recorded. Management remains optimistic on printing and converter industry outlook given continuous order from its key customers amid Covid-19. MTAG’s earnings grew by an impressive 3-year CAGR of 27.5% to RM33m in FY19. According to Protégé Associates – an independent market research company, Malaysia’s label printing and converting industry is expected to grow at 5-year CAGR of 29% to RM8.1bn from RM5.5bn over 2018 to 2023. The growth will be driven by increase in the variety of end-user markets and better quality products.
IPO proceeds, 23.4% completion, net cash. MTAG has utilised 23.4% of IPO proceeds (Table 1). However, it has terminated a land acquisition agreement which expected to be completed in March due to unsatisfactory land condition to build its plant. Due to Covid-19, MTAG expects of some delays for its capex expansion. Proceeds from IPO and positive cash flow contributed to net cash of RM17.5m at end March 2020.
Building on strong relationship with key customer. MTAG has established strong relationship with a key customer, a well-known global brand home appliance company – currently contributes c.60- 70% to revenue. Despite highly reliance on this customer, MTAG still enjoys a decent PAT margin c.17-20%. New products from its key customer are expected to provide sustainable earnings growth for MTAG in the future. Additionally, MTAG is the authorised distributor for 3M and Henkel in Malaysia and Singapore since 2001. Management guided that the IPO proceeds will be used to explore new potential business within the industry for expansion purpose new earnings stream growth.
Production rate back to normal. During MCO, its production rate fell below 50% due to government’s restriction allowing less than 50% of workforce. According to management, production rate is currently back to normal at 80% and sales have started to pick up. In addition, MTAG did not receive any cancellation or deferment of orders from customers during the MCO period.
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.

Posted by smallpotatofly > 2020-08-08 12:28 | Report Abuse

Big shark need to push down the price and buy back if not the cost too high plus mtag fundamental is good a continuous profit company also export to Singapore somemore.

Posted by thousands > 2020-08-08 12:44 | Report Abuse

most counter going down because to push up higher later on because RSI exhausted already.. just need your patience to holding a bit longger. it will be paid off

Posted by Abba84 > 2020-08-08 13:08 | Report Abuse

The bigger question :will it bounces back this Monday after hitting limits twice - yet it plunged 17% to .845 last Friday.

Posted by yang88 > 2020-08-08 13:15 | Report Abuse

Quarter report due to release by the end of this month right? Hope that it is a good report and wasn’t affected much by Covid-19,

Posted by bombibistock > 2020-08-08 16:03 | Report Abuse

mtag next week continue pump? rm1? gogogo!

Posted by bombominvest > 2020-08-08 16:03 | Report Abuse

wah seh bom! click u in i know Mtag gogogo!

Posted by Energiser > 2020-08-08 19:03 | Report Abuse

Other counters which gapped up directors selling like end of the world but not MTAG. Hopefully it's a good sign that better results are to come the next few quarters.

Posted by Slc1 > 2020-08-09 10:52 | Report Abuse

The game still on. All the best MTag holders. Cheers.

Posted by Newbiexxxxxxxxx > 2020-08-09 12:54 | Report Abuse

Next hlt

Posted by Drsnazzy > 2020-08-09 13:42 | Report Abuse

dont scared la, mtag profit margin and profitable company - not like the others goreng goreng one.

if can hold, average down and hold mid to long term

Posted by Togetherweearn > 2020-08-09 20:23 | Report Abuse

Sold at RM 1, now waiting for 0.75 for next entry.

Posted by buffetonwar > 2020-08-10 09:18 | Report Abuse

Will hold mid to long term. Good fundamental stock

Posted by Slc1 > 2020-08-10 09:45 | Report Abuse

Add.

Posted by Joey23 > 2020-08-10 10:34 | Report Abuse

continues collecting....

Posted by simple30 > 2020-08-10 11:10 | Report Abuse

yes, dont miss the boat

Posted by lollipopkan > 2020-08-10 11:14 | Report Abuse

Closing rm1

Posted by Baby Shark > 2020-08-10 11:14 | Report Abuse

Up time berani, down time like tikus.. hehe

Posted by Baby Shark > 2020-08-10 11:17 | Report Abuse

1 ringgit 2 ringgit, 30 sen not us to say..you tumpang right boat kaya, silap can go back tiong sun..

Posted by Slc1 > 2020-08-10 11:30 | Report Abuse

Limit up!!!!

Posted by goodiewilly > 2020-08-10 11:33 | Report Abuse

Luckily I bought 50 000 shares at 0.80

Posted by Joey23 > 2020-08-10 11:39 | Report Abuse

More to come.....

Posted by Drsnazzy > 2020-08-10 12:27 | Report Abuse

major supplier for VS Industry (Dyson) - see VS share price today