KLSE (MYR): MQTECH (0070)
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Last Price
0.01
Today's Change
0.00 (0.00%)
Day's Change
0.01 - 0.015
Trading Volume
277,500
Opening
Closing
Allotment Date
Listing Date
Issue Price
-
Units
-
Share Capital
0.000
Public Issue
-
Offer for Sale
-
Private Placement
-
-
-
RENOUNCEABLE RIGHTS ISSUE OF UP TO 418,470,537 NEW ORDINARY SHARES OF RM0.10 EACH IN MQ TECHNOLOGY BERHAD ("MQ") ("MQ SHARES") ("RIGHTS SHARES") ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY ONE (1) EXISTING MQ SHARE HELD AS AT 5.00 P.M. ON 28 OCTOBER 2016 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 278,980,358 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED FOR
MQ-Cover-Definitions-Contents-CorpDirectory (576KB).pdf
MQ-GroupInfo-Promoters (1.1MB).pdf
MQ-Summary-IPODetails-RiskFactor (855KB).pdf
MQ-Approval-RPT-OtherInfo-FinancialInfo-AcctsRpt-DirectorsRpt (1.2MB).pdf
MQ-OtherGenInfo-ApplicationProcedure (1MB).pdf
Forget about 1 cent as these companies will do share consolidation and dillute your shares to become worthless paper !
2 months ago
stay away from this stock, the director esos at 0.15 then sell to market at 0.15, the money they used to subscribe will return back to them in the form of directors fee, the volume is fake to hide directors sells of shares, they use this trick many times already. Whatever price u buy , u can nvr able to sell even 1 bid above
2 months ago
They still have 1 more layer to play, then it will be share consolidation and same trick again, look at its share float, more than 70% sold to ikan billis, and related shareholders have to take up 90m shares before agm to ensure their resolution can be passed, these 90m is going to be sold to ikan billis very soon
2 months ago
Company need to be innovative with new leadership. New projects, new sales & lucrative divestment property investment will bring company shares up. Will Nurul or Zahid's daughter demonstrate ultimate leadership or just for name sake as a Chairman. We will know soon !
2 months ago
Share consolidation, issuance of right issues and warrants are just temporary to hold company breath. Poor performance company will slip into PN17 and delisted. Survival of the fittest for each quarterly and yearly performance or go bust to erase the company name from Bursa Malaysia !
2 months ago
roadblock at 1c...
looks like market maker is forcing at 1.5c range....
upper baise looks possible...
perhaps 3-4c range in mid-term duration.....
stay tune guys....
2 months ago
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2 months ago
this counter needs time....
market maker is controlling at the range of 1.5c....
now everyone is talking about data centres.....
MQ Tech ???
2 months ago
operator still control at 1.5c...
no choice have to wait for it to drop to 1c....
1 month ago
Regardless rain or shine, up or down the market no significant move of this stock unless share consolidation due to huge queing. Share consolidation provide an opportunity for investors to play the wave, reduce corporation debts and another chance for stocks to rise again.
1 month ago
share consolidation coming.....then issuance of bonds, check background of this Triton capital, most of their profile are very problematic co. , jaks, ahb , knm etc, the fund manager are either super far sighted or something fishy there.....
1 month ago
After share consolidation then the stocks are more liquid and tradeable just like Technax.
1 month ago
After share consolidation, directors can start fund raising again via shares issuance to PP, ESOS or RI to increase NOSH to multi billion shares. Then repeat the process by doing shares consolidation again.
1 month ago
FOR NEWBIES
MQ TECH is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 7 June 2024.
===================
Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
1 month ago
What could be the reason i3investor admin deleted above posting?
Is it against any rules and regulations to post factual information?
1 month ago
One day before share consolidation ikan billis will sell off then can get 1c or even 0.5c Buy more ya...
1 month ago
The rise of data center requires millions of hard drive. So why Mqtech the hard drive manufacturer did not seize this opportunity ?
1 month ago
Mqtech should be rallying by now as tech counter is shootting up with google data centers
1 month ago
This is the reason why consolidation must be implemented asap. High queing for penny stock is illiquid. All jammed at 1c and 1.5c. As a results price not moving at all. Pray that Dato' will do consolidation asap then price will move up and down like a pro.
1 month ago
let's see how soon this can be done....
at 1-1.5c due to heavy volumes......
it's better to reduce the volumes and make the price more attractive....
1 month ago
Forget about selling &buying. Wait for share consolidation 1:10. Then will be 15 cents..
1 month ago
Unless Mqtech has a good initiative in today's digitalisation like Notion, JCY, K1, SNS. Apparently the company did not announce any company initiatives to spike the company shares up !
1 month ago
everyday, there is a hope....
recent years, this counter has not done any major business venturing....
no doubt it's a IT base company and can be related to DC....
unfortunately they did not initiate anything at the moment....
2 weeks ago
we had seen them venturing into gloves during the C19 pandemic....
almost done the deal with latexx but unfortunately nothing concrete happened....
perhaps this round they dare not declare anything...
cause might see another failure in their business undertaking....
so I would say and surmise that this company at the moment is heeding nowhere.....
so it's more of a pure speculating counter for traders .....
2 weeks ago
most companies who have initiated the DC....
you can see the prices all move above 40 (some came down after touching 40)....
that's the trend at the moment....
so this company is definitely not into DC......
we have to move on and don't stay too long here....
2 weeks ago
I think there are some resignations from the senior management recently. The GM did not perform and get sacked. New management will focus on the new trend of investment.
1 week ago
FOR NEWBIES
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.
================
List of high NOSH penny stocks with shares consolidation :-
2024 in progress - HM, MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
Retail investors trapped at high price incurred huge losses caused by share consolidation
1 week ago
cK1973
Ep 0.005 - 0.01 range....
2 months ago