MASTER TEC GROUP BERHAD

KLSE (MYR): MTEC (0295)

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Last Price

1.02

Today's Change

+0.065 (6.81%)

Day's Change

0.945 - 1.02

Trading Volume

9,238,800

Overview

Market Cap

1,040 Million

NOSH

862 Million

Avg Volume (4 weeks)

5,850,133

4 Weeks Range

0.905 - 1.16

4 Weeks Price Volatility (%)

45.10%

52 Weeks Range

0.345 - 1.19

52 Weeks Price Volatility (%)

79.88%

Previous Close

0.955

Open

0.955

Bid

1.01 x 35,200

Ask

1.02 x 220,900

Day's Range

0.945 - 1.02

Trading Volume

9,238,800

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#4] | 21-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 21-May-2024

T4Q P/E | EY

85.32 | 1.17%

T4Q DY | Payout %

0.69% | 58.55%

T4Q NAPS | P/NAPS

12.78 | 0.08

T4Q NP Margin | ROE

6.99% | 0.09%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT

Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT

Description:

Since its establishment in 2006, Master Tec Group has been a pivotal player in the realm of connectivity. Operating as an investment holding company, it has consistently delivered superior solutions in power, control, and instrumentation cables through MTWC. Master Tec Group's journey began in 2005, starting with the production of PVC cables and electronic wires. Over the years, the company has grown to become one of Malaysia's leading manufacturers, diversifying into a range of electrical and communication solutions. Today, Master Tec Group is renowned for its high-quality offerings, including Low Voltage Power Cables, Control Cables, Instrumentation Cables, and Fire Resistance Cables, catering to various applications.

Discussions
1 person likes this. Showing 50 of 314 comments

paktua73

morning too all MTEC warrior's..
paktua will stand fight here till june 24..

paktua now play new born counter..
let joined paktua on good hot new born stock..

paktua back pick new hot counter for march till june..

so paktua n team we will focus on
1-Mtec paktua target minimum rm1.25 (main target rm1.43)
2-KJTS paktua target rm0.93
3-Hegroup Paktua target rm0.70
4-Zantat paktua target rm0.70

set from 21hb march 24.till 7hb june 24..

come joined paktua Swing team..
let we fight together



tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73

3 weeks ago

arif

strong rally

3 weeks ago

FrankieGoesToHollywd

More to rise.

3 weeks ago

ZaraSheng

very kuat! continue buy!

3 weeks ago

paktua73

morning..
yesterday Mtec success hit back rm1.14..
paktua hope on this week MTEC can reach rm1.17 again..


tut tut
before make come back break rm1.20

3 weeks ago

paktua73

paktua love sing back a warriors song..
paktua sing for all MTEC fighters..

dear fighters..
in this journey.. on all battlefield we fight..
not the results we seek..
but the process we develop..
an every skill we master it..
determined who're WE!!
real warriors is..
the fighters who never give up..

Dear fighters..
we're not a hero..
we're the fighters..
we been through..
so many difficulties and heavy obstacles..
but..
all never scared us ever..

Fighters..
believe is strong word..
only real fighters know..
how to deliver word on the battlefield..
word we call..BELIEF..

believer..believer..

https://youtu.be/naFa-2Mt97g

we belief we will win this battle..
MTEC can reach rm1.20 again soon..

tut tut
dare to burn or die try

3 weeks ago

paktua73

paktua speak louder..
let hear it..

price down we canot control..
but..
we can control our emotion..
not to influenced by own emotions..
remember..
most of we lost..
bcoz..
we follow the bad emotional..
many was lost not bcoz of downtrend rally..
but..
their lost of control on own emotional..
their always let..
fear and confuse be their leader..

now..
ask your self..
are you the captain on you move?
or..
just are passenger??

https://youtu.be/GQlKIZF0abM


remember..
THIS IS YOUR SHIP!!!..
BELIEVING on YOUR MOVE.
and ..
BE the CAPTAIN on your SHIP....


tut tut
are you so easy to let other simply take you position on your ship..
YOU DECIDED..

3 weeks ago

Andy2378

paktua73

your EMCC will up 0.70 now delete and change to zanta.... Lol

3 weeks ago

paktua73

nolaa emcc still intact cuma emcc
not are new counter born on 2024..
so paktua not set in list in swing new born counter 24..



tut tut
zantat,kjts n mtec will be hot stock soon .

3 weeks ago

Andy2378

Today suddenly alot people sell....morning prices is 1.160....afternoon... 1.060

3 weeks ago

paktua73

morning..
MTeC in correction mode..
time to do B-57 is back..


tut tut
rm1.05 to rm0.98 is B-57
reload time...

3 weeks ago

pang72

Steady bro!!

3 weeks ago

pang72

Salute rebound, htpadu rebound..
Next is you - mtec

3 weeks ago

DickyMe

20 sen coming soon!

3 weeks ago

omega008

gg broke the trendline looks like a double top breakout

2 weeks ago

micheal42

tutu tutu semua kaki temberang lah . Bahalol.

2 weeks ago

Andy2378

mtec sold out.... Is breakout alredy

2 weeks ago

investopology

Data center theme still jadi?

2 weeks ago

omega008

approaching ema 20 please dont cross ><

2 weeks ago

paktua73

paktua was say previously will baack to us get opportunity buy
buy on rm0m1.05 to rm0.98..
today we has that opportunity..


tut tut
paktua set any price bekow rm0.98 paktua will swallow
no matter what reason hit

2 weeks ago

paktua73

for all Zantat fighters..
come joined paktua swing team..
see how we set our journey on new born stock..

paktua back swing on new born stock..
joined paktua on good hot new born stock..
paktua back pick new hot counter for march till june..

so paktua n team we will focus on

1-Mtec paktua target minimum rm1.25 (main target rm1.43)
2-KJTS paktua target minimum brm0.80 (main target rm0.93)
3-Hegroup Paktua target rm0.70
4-Zantat paktua target rm0.70(now only rm0.50)

set from 21hb march 24.till 7hb june 24..
come joined paktua Swing team..
let we fight together



tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73

2 weeks ago

AhHuat168

double top formation, downtrend start, better take profit and run first

2 weeks ago

paktua73

morning..
paktua will do back B-57 when mt3c hit rm0.97..
now paktua love play swing here till reach rm1.25..



tut tut
let joined paktua swing team..
see how paktua set swing game

2 weeks ago

investopology

Wow paktua powerful lah. Today rebound kuat

2 weeks ago

jomvalueinvest2

How do you feel, IPO holders 😁

2 weeks ago

omega008

If only the dividend is more attractive, seems no one care today is D-1 of ex date

2 weeks ago

Wan Nee

Pak Tua tak buy poh Kong ?

1 week ago

paktua73

morning too all MTEC warrior's..
this week mybe tough week if vibes from middle east give impact..
tapi..
paktua tak rasa ia teruk..



tut tut
will monitor closely before any step need to take..

1 week ago

paktua73

paktua not play poh kong or any gold counter right now..
just focus on new born counter only .



tut tut
sebab dah set focus on new counter on march till June

1 week ago

paktua73

wow banker fund today flow in
will this good trend?


tut tut
let time reveal

1 week ago

paktua73

good new coming..


tut tut
let ride

1 week ago

paktua73

Electricity cable manufacturer Master Tec Group Bhd expects higher revenue growth and a demand shift towards aluminium in conductors, amid the recent surge in copper prices..
Production cost for copper conductors has increased by around 5% and the company is passing on the higher cost to its customers, chief executive officer Tee Kok Hwa told The Edge. Master Tec has also observed the rising trend among customers preferring aluminium conductors, he noted.
“The demand for aluminium conductors as an alternative to copper conductors will increase in a wider range of applications,” Tee said.
Prices of copper — used in everything from electrical wires to water pipes — have surged to near two-year high, amid supply concerns and strong demand.
The three-month copper futures rose to a 20-month high at US$9,457.50 a tonne on London Metal Exchange on Friday (April 12), while the three-month primary aluminium price advanced by 1.63% to US$2,494 per tonne.
Aluminium conductors were mainly used in the utility market segment, though “people started accepting aluminium conductors in sub-main cables for commercial and non-commercial buildings” after the previous round of copper price rally in 2022, Tee said.
With the renewed surge in copper prices, the use of aluminium may expand to other applications, such as power cable for infrastructure, he said.
Shares of Mastec Tec have more than doubled since its listing on Jan 29 this year, and values the company at RM1.07 billion on Bursa Malaysia’s ACE Market. The stock was trading at RM1.05 at 3.30pm on Monday versus its initial public offering (IPO) price of 39 sen a share.
The sharp rally prompted an unusual market activity query from Bursa Malaysia, which Master Tec said it was not aware of any reason that could explain the spike. 
Master Tec is mainly involved in the manufacturing and distribution of power cables, control and instrumentation cables, and solar direct current power cables. The company raised RM61.66 million from the IPO, which was oversubscribed by more than seven times by the public.
Tee said the company is raising its production capacity for aluminium-cored wires and cables by the fourth quarter of 2024, with two new production plants which can manufacture both medium-voltage and low-voltage power cables.
For the financial quarter ended Dec 31, 2023 (4QFY2023), Master Tec reported a net profit of RM4.53 million, on the back of RM82.19 million in revenue. For FY2023, it reported a net profit of RM23.94 million, on the back of RM285.44 million in revenue.


tut tut
kira good new laa kan?
hehehe

1 week ago

Jetstream

Thanks for good news, Paktua. Hope share price will higher soon.

1 week ago

paktua73

morning paktua will load kaw kaw if break rm1.02


tut tut
aiming rm0.98

1 week ago

paktua73

paktua alway walk to talk..
now paktua manage grab from rm1.01 to rm1.02..
just fail to het rm1.00


tut tut
will load more if down below rm1.00

1 week ago

by2mie

Back to 0.700

1 week ago

omega008

I reckon 0.900

1 week ago

paktua73

yes paktua rasa this time can hot rm0.95 to rm0.91



tut tut
remember play with your limit

1 week ago

AhHuat168

Good company, waiting to sapu below 0.86 for rebound

1 week ago

paktua73

morning..
paktua rasa correction this time was over ready..
next pit stop is rm1.08..
if can break rm1.08 then we will see again rm1.15..


tut tut
congrat all who stand fight here..
aim to rm1.20 for main breakout

1 week ago

AhHuat168

Correction continue

1 week ago

paktua73

waaa war punya pasal waaa..


tut tut
paktua prepared last ammo to reload big rm0.90

1 week ago

Michael Kwok

Mtec 91.5 cents
Approximately 23-24 april will rebound some.only people with winning money.
19/4/24 5.23pm

1 week ago

paktua73

great Michael kwok..
paktua hopefully will see back rm1.15 by 1st week of may..


tut tut
let stand fight

1 week ago

geary

Geopolitical Tensions...Markets have Flu...🤔
MTEC....now @0.91.
Probably downtrending to @0.75...worst scenario...@0.45...!?
Trade at your own Risk!

6 days ago

by2mie

wow... fly

3 days ago

omega008

hope it will be a double top formation

3 days ago

by2mie

expecting a strong rebound this week

3 days ago

AhHuat168

time to top up,, slowly climb back

2 days ago

Zachzach

Go go for rm1

1 day ago

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