INDUSTRONICS BHD

KLSE (MYR): ITRONIC (9393)

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Last Price

0.05

Today's Change

+0.005 (11.11%)

Day's Change

0.04 - 0.05

Trading Volume

3,455,700

Overview

Market Cap

35 Million

NOSH

438 Million

Avg Volume (4 weeks)

772,820

4 Weeks Range

0.04 - 0.055

4 Weeks Price Volatility (%)

66.67%

52 Weeks Range

0.04 - 0.12

52 Weeks Price Volatility (%)

12.50%

Previous Close

0.05

Open

0.045

Bid

0.045 x 1,105,100

Ask

0.05 x 1,474,100

Day's Range

0.04 - 0.05

Trading Volume

3,455,700

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2023 | 31-May-2023

Next QR | Est. Ann. Date

30-Jun-2023 | 26-Aug-2023

T4Q P/E | EY

-2.52 | -39.75%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.04 | 1.19

T4Q NP Margin | ROE

-27.56% | -47.41%

Market Buzz
Company Profile

Sector: TECHNOLOGY

Sector: TECHNOLOGY

Subsector: TECHNOLOGY EQUIPMENT

Subsector: TECHNOLOGY EQUIPMENT

Description:

Industronics Bhd is primarily engaged in design and manufacturing of electronic products. It operates through following segment namely Electronics & System integration, Security systems, mechanical & electrical engineering and other production. The firm's presence can be seen in HongKong, Singapore, and Malaysia. Majority of its revenue comes from Other operation.

Discussions
2 people like this. Showing 50 of 3,318 comments

AlfI3

Anticipated no selling pressure? So great ah, can b trusted.....?

2023-01-14 06:33

Raiz368

Everyday up half cent before warrant listing...big angpow by Intronic before CNY guys.

2023-01-16 13:36

taihai

ri +w become rubbish ???? cap from 1.6b to 13b

2023-01-16 21:16

taihai

how to invest ??? no quality stock ????

2023-01-16 21:36

CharlesT

RI seriously undersubscribed....only abt 30%

2023-01-17 09:18

Risk Trader

The balance of 70% will be subscribe by major shareholder....

2023-01-17 10:57

CharlesT

Risk Trader

The balance of 70% will be subscribe by major shareholder....

NOPE. They didnt subscribe so.

On behalf of Industronics, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue at 5.00 p.m. on 11 January 2023 (“Closing Date”), the Company has received valid acceptances and excess applications for a total of 270,058,985 Rights Shares, representing a subscription rate of 30.86% over the total number of Rights Shares available for subscription under the Rights Issue.

The minimum subscription level for the Rights Issue had been achieved notwithstanding the under-subscription for the Rights Issue.

The total number of excess Rights Shares available for allocation is 742,090,073. In view that the total number of excess Rights Shares applied for was 137,088,510, the Board has decided to allot the excess Rights Shares to all the entitled shareholders and/or their renouncee(s)/transferee(s) who have applied for the excess Rights Shares

2023-01-17 12:16

Jovan

As expected, the subscription rate will be extremely low because of current price is lower than offer price for RI.

2023-01-18 09:06

Risk Trader

Now company cash rich so they must utilizes the RI money to inject for new business...

2023-01-18 13:36

AlfI3

Wasn't tat d objectives of raising d cash call been ironed in its RI AP?

2023-01-20 07:47

Raiz368

After CNY this counter will fly and break all time high.

2023-01-21 20:00

zhm540

now the directors hold most of the shares, it is about time they push it up again

2023-01-25 09:31

zhm540

now the directors hold most of the shares, it is about time they push it up again

2023-01-25 09:31

speakup

dun waster your time on this
swap to muhibah better. CEO Mac is currently goreng muhibah now. Easy fast money

2023-01-25 11:02

Risk Trader

Press down the mother share before son to be listing by this friday....

2023-01-25 23:10

AlfI3

If ppl pressed it down, there are supports to push up dis ctr price too till break 8 cents phycological lvl. It is called CNY fevers

2023-01-27 05:14

khpwwl

no hope lian....

2023-01-27 11:05

hakubasnow

This Itronic gave a nice surprise to the anybody who's willing
to defy the odds and subscribed to the Right Issue

OR = 0.005 since the first day
Massively undersubscribed at 69.14%

Let say you bought 200,000 OR @ 0.005 = RM 1,000
To subscribe to the Right Issue = 200,000 x 0.08 = RM 16,000

Total cost = RM 17,000

2 :1 Rights Issue & 3 Warrant : 4 Right Share subscribed @ 0.08
So for every 200,000 Right Issue subscribed you are entitled to 300,000 warrants

Based on Friday's closing price :
Itronic = 0.06
Itronic-WA = 0.03

You sold all 200,000 Rights @ 0.06 = RM 12,000
You sold all 300,000 Warrants @ 0.03 = RM 9,000
Total = RM 21,000

Profit = 21,000 - 17,000 = RM 4,000

2023-01-28 21:07

speakup

but obviously Datuk Chu didn't do that. hahahha

2023-01-28 22:55

hakubasnow

#surewin111 I would not recommend doing so, now with the listed rights and warrants, there are more shares in the market. People would just sold off and be done with it. Same like BTM Right Issue. Since the the listing on 16/01/23, the price for both Right & Warrant do not see much movement.

2023-01-29 14:07

khpwwl

you think you can sell at 0.03 warrant? hahaha...

2023-01-30 09:21

AlfI3

haha, try to do it & proof to us; illustrate very much easier that the actual transactns. Isnt it?

2023-01-30 12:31

hakubasnow

I got nothing to prove to you because I didn't buy Itronic
I'm tracking all entitlement : Bonus Issue, Right Issue and Dividend.
Been doing that for so many years. The best RI that gave me huge
profit were PMBTech and Scanwolf

Putting forward my opinion on Itronic here is just as a reference and case study,
because the RI although was massively undersubscribed it still can make nice returns.
Recent RI that I subscribed and made money are Huayang and Rex. I only choose companies
with good track records that issue rights and warrants that do not run into billions
like BTM, BSL etc

Currently focusing on Annum. Bought @ 0.29 before ex-date and already sold off my shares @ 0.31
on Friday. Will now subscribe online to the right issue before acceptance date.

2023-01-30 14:09

AlfI3

Hi Hakubasnow, thx for d sharings.

From ur comments, how wud u think abt Annum? Consider a "comp w good track rkds"; as very rare this comp announcing news & mkting info?

Sincerely hope to listen to ur views on this note.

"I Currently focusing on Annum. Bought @ 0.29 before ex-date and already sold off my shares @ 0.31
on Friday. Will now subscribe online to the right issue before acceptance date.

2023-01-31 08:04

speakup

datuk chu didn't subscribe for excess just show how little confidence he has in his own company

2023-01-31 09:41

Risk Trader

Dato Chu already fully subscription 68.527 mil for excess RI on 27th Jan...

2023-02-01 18:13

Raiz368

Wow...very good news RT.

2023-02-01 18:13

Risk Trader

hakubasnow..you calculation is wrong. To get free warrant must buy RI with ratio 2 RI will get free 1.5 Warrant. To get free RI must buy mother share with ratio 1 mother will get 2 right or can buy RI at open mkt at 0.005 cent.

2023-02-01 18:26

hakubasnow

#Risk Trader You're right, my bad on my RI calculation

2023-02-01 19:24

Winner38

Dropped to 0055..need to wait 2 weeks, collect more now

2023-02-07 22:22

Winner38

Bought in to leverage hope the momentum can Fly soon.. Need another 3 up to make money..

2023-02-09 06:51

Winner38

Speakup: related to our Itronic market?

2023-02-17 00:07

speakup

Relaks a bit. Pretty girl give US$1Mil scholarship

2023-02-17 10:29

Winner38

Puiiii Yi... Haha
No wonder she ends at Pulau..
Anyway wait la 2more weeks then the rocket up the sky

2023-02-20 17:13

Winner38

0080 coming soon... 2 more weeks

2023-02-25 22:43

Winner38

Why no power.. Must give some rocket fuel..

2 months ago

speakup

Remember long time ago this stock was rm2+ and give reasonable dividends.

2 months ago

Winner38

0050~0055 range
If last time whom bought at 0120,aldy 100% losses..
Hope next 2 weeks fly to 0075

2 months ago

khpwwl

technology counters all died kaw kaw

2 months ago

Winner38

Ti's stock can make u rich and even can make u very poor.
Hopefully can make us happy..

2 months ago

Winner38

Bought. In 1M shares today.. MARI MARI.. Kasi terbang sikit..

2 months ago

Winner38

Already 1 mth, why still stuck kawkaw??

1 week ago

Winner38

0045~0050
Flying soon.. TP 0065 till break barrier

1 week ago

Winner38

Tomorrow got chance 0055~0060..

1 week ago

khpwwl

0.045-0.040 otw

1 week ago

Winner38

No volume cannot fly..
Need to add fuel..
Report result 2022 good or not?

1 week ago

Winner38

Tis week 0045 to 0055
Kambing 🐐 soon... Wait yahh

5 days ago

Winner38

Abit of pushhhh.

4 days ago

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