MINETECH RESOURCES BHD
KLSE (MYR): MINETEC (7219)
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Last Price
0.03
Today's Change
-0.005 (14.29%)
Day's Change
0.03 - 0.035
Trading Volume
667,900
Overview
Market Cap
36 Million
NOSH
1,188 Million
Avg Volume (4 weeks)
945,815
4 Weeks Range
0.03 - 0.05
4 Weeks Price Volatility (%)
0.00%
52 Weeks Range
0.03 - 0.125
52 Weeks Price Volatility (%)
0.00%
Previous Close
0.03
Open
0.03
Bid
0.03 x 9,048,200
Ask
0.035 x 2,268,800
Day's Range
0.03 - 0.035
Trading Volume
667,900
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2022 [#1] | 25-Aug-2022
Next QR | Est. Ann. Date
30-Sep-2022 | 29-Nov-2022
T4Q P/E | EY
-1.72 | -58.02%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.07 | 0.44
T4Q NP Margin | ROE
-24.52% | -25.35%
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: BUILDING MATERIALS
Subsector: BUILDING MATERIALS
Description:
Minetech Resources Bhd is a Malaysia based company primarily engaged in the production of quarry products, civil engineering works, production of asphalt premix products and production of bituminous products. The products produced by the company are sold to developers or contractors in the property development or construction sectors. Majority of the revenue is generated from the Quarry products segment. Quarry products division includes extraction and the sale of granite quarry products. It offers civil and property construction services, such as blasting, roads and drainage, earthworks, and water reticulation and sewerage. The company?s quarries and premix manufacturing facilities are all located in Malaysia.
Discussions
12 people like this. Showing 50 of 11,025 comments
Thank you Ripin for the history telling. Investors are forward looking. Please don't live in ancient times
2022-02-25 10:05
Yes Ismadi. I can't swallow supplement pills with quarry stones. It is hardly to digest well.. hahahaha
2022-02-26 22:15
ATEST QR
ANOTHER QUARTER OF LOSSES
MULTI YEAR AND MULTI QUARTER LOSSES
https://www.klsescreener.com/v2/stocks/financial-report/7219/2021-12-31
https://www.klsescreener.com/v2/stocks/view/7219
2022-02-28 11:39
emilychee, Vincent.... Stop crying lah. Bring more biz to minetech. No ability, ask all lousy board to resign especially Chin family and awang family. Give Chin one quarry and they go play stone. Give awang one motor repair workshop and they go play with the screw and spanar
2022-03-04 09:21
Chairman sudah masuk politik lah under Parti Pesaka Bumiputera. No more money for Minetech
2022-03-22 19:20
FOR NEWBIES
After recent fund raising via issuance of 582,664,397 ICPS at 0.03, directors raising fund again via shares issuance to PP
=========
On behalf of the Board, TA Securities wishes to announce that the Board had on 21 April 2022 (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.063 per Placement Share (“Issue Price”).
The Issue Price of RM0.063 is at a discount of RM0.0156 or approximately 19.85% to the 5-day volume weighted average market price of Minetech Shares up to and including 20 April 2022 (being the last market day immediately preceding the Price-fixing Date) of RM0.0786 per Minetech Share.
This announcement is dated 21 April 2022.
https://www.klsescreener.com/v2/announcements/view/3536949
=================
https://www.klsescreener.com/v2/stocks/view/7219/minetech-resources-berhad
Mostly loss making for past 10 years
Massive shares issuance cause dilution to shareholders equity % and EPS
NOSH continue to rise above BILLION shares
==============
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
2022-04-22 11:53
FOR NEWBIES
Types of corporate proposal Private Placement
Details of corporate proposal MINETECH RESOURCES BERHAD ("MINETECH" OR THE "COMPANY") PRIVATE PLACEMENT
No. of shares issued under this corporate proposal 22,800,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0630
Latest issued share capital after the above corporate proposal in the following Units 1,188,413,800
Listing Date 06 May 2022
===================
Frequent fund raising raising via shares issuance to PP and ESOS
Dilution of shareholders equity % and EPS
NOSH keep rising above BILLION shares
Mostly annual loss making in last 10 years
===============
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
2022-05-06 12:46
YTL Losses better buy YTL. YTL got fundamental and strong team. minetech got bunch of clowns running the show. Private placement oso expired, no takers. Largest shareholders chin and awang oso poor no cash fellow
2022-05-10 10:26
Awang is depressing now...Got no new job and just able to raise money from others..what a shame..
2022-05-12 18:22
For decades, Chin has only able to fundraise and then channel it to their private entity. Now Awang try to do the same but world is evolving with multimedia. Chin just got lucky to make fortune in era no multimedia. Now Chin wanna exit, Awang wanna exit.
Useless duo family
2022-05-13 19:17
Riffin, you are really good setting of artificial dumb*** of Awang & Chin. A truly masterpiece of sh**
2022-05-31 20:22
FOR NEWBIES
Another QR is out
Another quarter of losses
================
PERMAJU
https://www.klsescreener.com/v2/stocks/financial-report/7080/2022-06-30
BCMALL
https://www.klsescreener.com/v2/stocks/financial-report/0187/2022-06-30
MINETEC
https://www.klsescreener.com/v2/stocks/financial-report/7219/2022-06-30
KOMARK
https://www.klsescreener.com/v2/stocks/financial-report/7017/2022-06-30
GPACKET
https://www.klsescreener.com/v2/stocks/financial-report/0082/2022-06-30
DIGISTA
https://www.klsescreener.com/v2/stocks/financial-report/0029/2022-06-30
PHB
https://www.klsescreener.com/v2/stocks/financial-report/4464/2022-06-30
===================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
==========
TAYOR
1 month ago
Checking to audited accounts inSSM, the financial result of Empada wasn't impressive as what Hali mentioned
3 weeks ago
My prediction in March..
Now u see it is realised...
0.030 possible? then consolidation & RI? Follow AGES style..
Michael R.
Why Gold? currently looks like to be consolidated...
2022-03-07 17:03
3 weeks ago
Minetech Resources Berhad a civil engineering specialist and bituminous products manufacturer, today announced that the Company registered a 43.2% rise in revenue for the first quarter ended 30 June 2022 (“1Q FY2023”) to RM24.05 million compared with RM16.80 million in the corresponding quarter of the last financial year (“1Q FY2022”).
3 weeks ago
Minetech’s civil engineering division posted revenue contribution of RM13.7 million for
1Q FY2023, a gain of 34.3% compared with RM10.2 million in 1Q FY2022. The manufacturing division, which
produces bituminous products for pipe coating, waterproofing and sealing, recorded revenue contribution of
RM5.85 million, a gain of 75.1% compared with RM3.34 million in 1Q FY2022.
3 weeks ago
Matt Chin, Executive Director of Minetech, said, “The civil engineering division’s contribution was supported by higher revenue from the Selinsing Gold Mine in the quarter under review compared to the corresponding quarter of the previous financial year as production regained traction while the manufacturing division saw a significant rise in revenue due to an increase in sales as a result of improved demand from water
piping and road paving projects.” Recent news flow point to firmer domestic economic growth and the announcement of the MRT3 project together with the continuation of other large civil infrastructure projects is positive for the construction sector as there will be need for civil engineering services as well as bituminous products.”
3 weeks ago
Minetech is teaming up to import and trade processed food products from South Korean food manufacturer Samyang Food Co Ltd.
3 weeks ago
1 April 2022 Minetec - Letter of Award for execution and completion of External Link Bridge, Covered Walkway and Associated Works for the Emerald 9 Cheras Development on Lot 809 and 810, Mukim Cheras, Daerah Hulu Langat, Selangor Darul Ehsan.
3 weeks ago
2 Sep 2022 AWANG DAUD BIN AWANG PUTERA Disposed AIMFLEX 110,482,000 (5,515,100 shares 0.3750%)
17 hours ago
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