MASTER TEC GROUP BERHAD

KLSE (MYR): MTEC (0295)

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Last Price

1.04

Today's Change

-0.01 (0.95%)

Day's Change

1.03 - 1.04

Trading Volume

264,300


1 person likes this.

378 comment(s). Last comment by AlphaAdventurer 14 hours ago

Abram66

137 posts

Posted by Abram66 > 1 week ago | Report Abuse

Didn't retrace much and this counter is still moving steadily

Michael Kwok

6,307 posts

Posted by Michael Kwok > 1 week ago | Report Abuse

Mtec 1.08
Resistance 1.12(break then buy if oversold few days)
15/8/24 11.40am

Posted by lawlite007 > 1 week ago | Report Abuse

Enter some at 1.06, trying some luck with MTEC

Posted by minizzizin > 1 week ago | Report Abuse

actually need more volume now, show time is coming

Posted by AlphaAdventurer > 1 week ago | Report Abuse

Trading volume is slowly building up, no worries and it will break RM1.10 for sure

Posted by Farretwild > 1 week ago | Report Abuse

so far alrdy moving up from 1.00, see can hit thru 1.10 next week or not

RayLee

139 posts

Posted by RayLee > 1 week ago | Report Abuse

Looking forward to the company's transfer to the main board 🤗

Posted by dangdang2020 > 1 week ago | Report Abuse

next year main board??

Posted by HafizAjiad98 > 5 days ago | Report Abuse

Tunggu saja berita baik tersebut drpd Mtec. Sekarangan kita tunggu keputsan q2 dulu

Posted by jomvalueinvest2 > 5 days ago | Report Abuse

This company's second-quarter revenue and net profit may hit a record high 🤓

jjtamG

47 posts

Posted by jjtamG > 5 days ago | Report Abuse

BUY MTEC 1.06 with increasing cable demand , next resistance 1.12

Posted by DoubtfulBsk > 5 days ago | Report Abuse

this week result out, wait & see master tec deliver it again

GammaRay

87 posts

Posted by GammaRay > 5 days ago | Report Abuse

QR is out and its PAT hits a new high !!! Tomorrow breakout 🚀

rac3ginho

18 posts

Posted by rac3ginho > 4 days ago | Report Abuse

nice result with dividend, no breakout means can collect more at current price

Posted by lawlite007 > 4 days ago | Report Abuse

Master Tec’s solid performance in Q2 FY2024 was primarily driven by the continued demand for its low-voltage power cables, which accounted for RM69.0 million, or 94.73%, of the total revenue.

For the six-month period ended 30 June 2024 (“6M FY2024”), Master Tec recorded a cumulative revenue of approximately RM140.0 million, further cementing its status as a leading player in the industry. The Group’s gross profit for the period reached RM18.2 million, with a robust gross profit margin of 13.03%, and a PBT of RM13.9 million

Abram66

137 posts

Posted by Abram66 > 4 days ago | Report Abuse

Approximately RM46.15 million came from copper-core low-voltage cables, while RM22.86 million was generated from aluminum-core cables. Strong copper prices benefit MTEC 😉

Posted by minizzizin > 3 days ago | Report Abuse

Highest quarterly profit ever and it will go higher & higher in Q3 and Q4

Posted by Farretwild > 3 days ago | Report Abuse

steady lah mtec, result is green, is time for rocket

Posted by AlphaAdventurer > 3 days ago | Report Abuse

Great, this stock has a tendency to capital appreciation and dividend income

Posted by HafizAjiad98 > 3 days ago | Report Abuse

keputsan q2 yg cemerlang dan ada bagi dividen juga. Pelaburan yg berbaloi

Posted by dangdang2020 > 2 days ago | Report Abuse

record breaking quarter but price barely move, tough time for the market

jjtamG

47 posts

Posted by jjtamG > 2 days ago | Report Abuse

No problem, wait for breakout soon

Posted by jomvalueinvest2 > 2 days ago | Report Abuse

People are waiting for the outcome of the Jackson Hole meeting. Market will soar again after that if got good news

RayLee

139 posts

Posted by RayLee > 2 days ago | Report Abuse

Ya, even US there also slows down waiting for Jackson Hole symposium

https://www.thestar.com.my/business/2024/08/21/wall-st-ends-lower-ahead-of-jackson-hole-symposium

Posted by DoubtfulBsk > 1 day ago | Report Abuse

BUY MTEC 1.04, next resistance 1.12

rac3ginho

18 posts

Posted by rac3ginho > 1 day ago | Report Abuse

So far volume are low, more time accumulate more cheap tickets

Abram66

137 posts

Posted by Abram66 > 1 day ago | Report Abuse

I monitor 1st and wait for Powell's speech at Jackson Hole symposium 🙂

Posted by AlphaAdventurer > 14 hours ago | Report Abuse

The company will focus on expanding its product portfolio and market reach, particularly in the manufacturing of medium-voltage power cables and export sales, has positioned it for sustained growth ahead

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