METRONIC GLOBAL BHD
KLSE (MYR): MTRONIC (0043)
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Last Price
0.095
Today's Change
0.00 (0.00%)
Day's Change
0.095 - 0.10
Trading Volume
16,925,300
Company Announcement
| Date | Subject |
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Discussions
11 people like this. Showing 50 of 10,273 comments
喜欢 MTRONIC 的旧股东聪明都会高价卖掉 MTRONIC 拿回钱在买新的低价的 RIGHT ISSUE 7c free warrant ,只有蠢傻笨的旧股东在holding 着 MTRONIC
1 month ago
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 09 Jun 2022
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0600
Ratio (New:Existing) 6.0000 : 1.0000
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022
Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM
Available/Listing Date 13 Jul 2022
https://www.klsescreener.com/v2/announcements/view/3553643
================
Be prepared to contribute more money to directors fund raising exercises
================
TAYOR
1 month ago
Based on price movement of other penny stocks with similar corporate exercise, be prepared for share price to drop below rights issue price if rights issue acceptance is low and lacklustre
Stocks like fast, pasukgb, pdz, ages, vizione, permaju, csh, eastlnd, kanger, trive, etc
1 month ago
a loss from disposal of investment in quoted shares of RM3.2 million recorded during the period.....keep trf to cash to their pocket lol....:)
1 month ago
FOR NEWBIES
QR is out. Another quarter of losses
Profit/(loss) attributable to ordinary equity holders of the parent -4,742,000
https://www.klsescreener.com/v2/stocks/financial-report/0043/2022-03-3...
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
================
TAYOR, set realistic target
1 month ago
At 6 sen RI subscription, they will push up to entice shareholders to subscribe
1 month ago
Paling best hari ni q beli G3 harga 7 sen dan jual balik 7.5 sen beberapa kali,daoat jugak kopi nasik lemak hahaha
1 month ago
go mtronic go mtronic.... Diversification.. ......Business expanding..... hahaha
.
1 month ago
sure RI will be undersubscribed and have to be supported with RM10 million by the 2 directors who will become substantial shareholders....
3 weeks ago
FOR NEWBIES
1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE
Consolidation COMPLETED
Closing price on 18 May = 0.01
Ex-date 19 May consolidated price = 0.10
=================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022
Ex-Date 09 Jun 2022 (COMPLETED)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0600
Ratio (New:Existing) 6.0000 : 1.0000
Ex Price = 0.065
==================
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022
Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM
Available/Listing Date 13 Jul 2022
https://www.klsescreener.com/v2/announcements/view/3553643
================
Next date to look forward to :-
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022
================
Purchases from 9 June onward will not be entitled to subscribe for rights shares @ 0.06
================
TAYOR, set realistic target
3 weeks ago
FOR NEWBIES
Based on other loss making penny stocks with more or less similar corporate exercises, price will drop back to around rights issue price or even lower.
====================
Pasukgb offered rights at 10sen in June 2021, now trading at 2sen
Pdz offered rights at 14sen in Sep 2021, now trading at 4sen
Lambo offered rights at 10sen in Aug 2021, now trading at 6sen
Fast offered rights at 12sen in Nov 2021, now trading at 4sen
And many more like Kanger, Mtouche, Sanichi, Trive, Netx, etc
===============
Before the coming listing of rights shares on 13 July 2022, there are only 216,857,919 shares in the market at the moment.
Operators might be able to push the prices to attract newcomers into the game but it will be difficult to maintain the price for long
Be informed that on 13 July 2022, additional 1,301,147514 rights shares will be listed, resulting in total issued shares = 1518005433
===============
TAYOR, don't be caught at high price
3 weeks ago
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022
https://www.klsescreener.com/v2/announcements/view/3563023
=================
Prospectus and subscription form
=================
On listing date (13 July 2022), up to 1,496,319,636 rights shares and 498,773,212 warrants will be listed.
Total issued shares will exceed 1.5 BILLION shares again
=================
Be prepared that the current price of 0.10 might not be able to sustain for long
Be prepared for the price to drop below rights price, just like many penny stocks with similar corporate exercises.
==================
TAYOR, don't be caught at high price
3 weeks ago
@whistlebower99......when the WB will be listing yea??? From your comment I can see you are have long experience
2 weeks ago
Possible that directors might announce more MOUs, HOAs or press releases to excite and attract more newcomers to trade here
2 weeks ago
Date for cessation of trading of rights is not 21 Jun 2022....its friday 17 June 2022 (tomorrow)
2 weeks ago
FOR NEWBIES
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name DATUK SERI TAN CHOON HWA
1 14/06/2022 1,000,000 Disposed Direct Interest
Consideration (if any) RM0.105
2 14/06/2022 863,700 Disposed Direct Interest
Consideration (if any) RM0.105
Total no of securities after change
Direct (units) 0
Direct (%) 0.000
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 16/06/2022
==================
Director sold all his shares
==================
Price likely to drift lower after closing date and before listing date.
=================
TAYOR
2 weeks ago
FOR NEWBIES
Some of the penny stocks that offered rights issue :-
1. FAST 17/11/21 RI 2:1 @ 0.12
2. EASTLND 17/1/22 RI 19:7 @0.07
3. ARBB 19/1/22 RI 1:1 @ 0.12
4. CSH 21/12/21 RI 1:1 @ 0.15
5. VIZIONE 4/2/22 RI 1:1 @ 0.08
6. TWL 8/9/21 RI 3:4 @ 0.04
7. PASUKGB 21/6/21 RI 6:1 @ 0.10
8. PDZ 1/8/21 RI 6:1 @ 0.14
9. PERMAJU 3/11/21 RI 1:1 @ 0.07
10. BCMALL 23/7/21 RI 6:4 @ 0.08
11. AGES 5/5/22 RI 2:1 @ 0.20
=================
Compare the current price
==================
TAYOR, don't be caught at high price
2 weeks ago
MTRONIC went ex 10:1 consolidation on 19th May ,2022, ex-price 15c.
Now , 1 week later it is 12c !!!!!
20 % wipe out for those who go in at 15c
or 50% wipe out for those who buy @2.5c before 10:1 consolidation.
On May 25th, as predicted, MTRONIC announce MASSIVE RI, 6 FOR EVERY ONE HELD @6C
IF you are still holding at 12c now. just dump and RUN FOR YOUR LIFE.
As the ex date of 10:1 approach,price of Mtronic willslide to 6c or below.It is downtrend all the way .
If it bounce up to 12c or above, dump to the syndicate.
It will drop to 6c and below just b4 the RI go ex
This FINTEC related counters, about 60 of them, are SUPER dangerous.
Why? They can drop from 26c to 1c, and @ 1c, that is NOT the bottom yet.
It can still drop to 0.05c, a drop of 20 times from1c, ,by initiating 20:1 consolidation.
This 80-90% wipe out for KANGER already happen once in 2021 when Kanger issue right 2.8b share
Guys beware of massive slaughter going on in these covid19 MOU/PP/RI/ESOS with 15 qtrs loss making companies. There are about 60 of them, all with same gang of CEO,ED, each earning millions from 5 or 6 companies.
And they only produce revenue of 1m per qtr, but loses can come to 70m
DIRECTOR SELLING
its immediate level willbe 6c .
3206
2 weeks ago
FOR NEWBIES
Be reminded of the date:-
Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM
==============
After the closing date, price more likely to drift downward than trending upward, based on observation of price movement of other penny stocks that had undergone similar exercise of shares consolidation and rights issue with free warrant.
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
================
TAYOR, set realistic target
1 week ago
FOR NEWBIES
1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE
Consolidation COMPLETED
Closing price on 18 May = 0.01
Ex-date 19 May consolidated price = 0.10
=================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,496,319,636 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE TOGETHER WITH UP TO 498,773,212 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 10 JUNE 2022
Ex-Date 09 Jun 2022 (COMPLETED)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0600
Ratio (New:Existing) 6.0000 : 1.0000
Ex Price = 0.065
==================
Date for commencement of trading of rights 13 Jun 2022
Date for cessation of trading of rights 21 Jun 2022
MTRONIC-OR Price = 0.005 seller quote
Closing price on 20 Jun 2022 = 0.09
===================
Acceptance and Payment 28 Jun 2022 05:00 PM
Excess share application and payment 28 Jun 2022 05:00 PM
Closing price on 28 Jun 2020 = 0.10
==================
Next date to look for :-
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022
Available/Listing Date 13 Jul 2022
https://www.klsescreener.com/v2/announcements/view/3553643
================
TAYOR, set realistic target
5 days ago
On listing date (13 July 2022), up to 1,496,319,636 rights shares and 498,773,212 warrants will be listed.
Total issued shares will exceed 1.5 BILLION shares again
=================
Based on price movement of other penny stocks with similar corporate exercises, there is a high probability of the current price of 0.10 drifting lower toward rights issue price of 0.06, approaching the listing date for the rights issue shares and warrants.
==================
TAYOR, don't be caught at high price
5 days ago
Operators continue to entice day traders, punters and dare devil retailers to the stock with moderate volumes
3 days ago
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 05 Jul 2022
====================
Over subscribed or under subscribed ?
21 hours ago
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4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
su1801
@whistlebower99 ...thank you yea.... friendly reminder from you....
1 month ago