Btw.... i m sharing my views with those stuck on the top floors :-) Need to be patient for the upswing.

Ok...let's wait this out and see who is right... no point repeating..because anything said here is not going to make much impact. Buying now is bottom fishing now.

You hv already said: big players holding most of the shares. They dont get rich buying lousy shares. They won't subscribe to the right unless they are convinced they will make handsome profits. A company can turn around and make profits fr new ventures. This share is going way beyond 10 sens.

The Warrants D has slightly less than 3 years before expiring. Will be holding tightly to my free warrants ie not the time to sell

6 rights for every one share. All those who subscribed paid 10 sens. You don't make money buying high and selling low :-) :-)

The telco/ media industry is like the fashion industry. The designer must come up with attractive designs for the 'fussy' customers. Trading in COVIC diagnostics kits now is like selling ice cream/ cold refreshing drinks during the very hot season.

If not the bottom, at least it is near the bottom. To get another company to buy its shares, the CEO must give a good presentation backed by realistic forecast. To trade in diagnostic kits that are in demand, backed by lots of money in the bank, it is a no brainer that there will be profit to be made. Telco business is v competitive n so there are loses in the past. But this new venture is promising. This is how i see it.

Managed to get mTouche at 0.08 too :-) :-)

The kits are sold to medical / clinical laboratories. Should hv a good idea fr their coming financial report.

It is good that mTouche has decided to put the 'NEWly' collected money into the very much needed test kits and health industry n not to continuously pour all the money into the competitive loss making business they were in. Their internet platform is still useful. With over 100 million ringgit ...i m so looking forward to the profit with their new venture. Holding tightly to my shares n warrants :-)

Waiting patiently to hv a look at mTouche's coming August Financial report. Should hv some idea on how the test kit's venture is getting along by working with Premier Diagnostic.

What it means, is with the valid license to apply, as long as any kits submitted meets with the gov's standard/approval, the kits can be made available for sale.

On the website: mdar.mda.gov.my...Premier Diagnostics Sdn Bhd has the license for/as: authorised representative, distributor, importer. Expiry date, after extension, is 08 Dec 2024. So, mTouche, working thru/ with Premier Diagnotics, can submit any reliable test kits that they may hv for their conditional approval for use in Malaysia. So.. no issue with license for eligibilty for applications for the next 3 years :-)

The chief executive of MDA said: this self test kit does not substitute the diagnostic (RT-PCR) test ie if ur self test is positive, u will be retested with the (RT-PCR) test at the hospital.

In mTouche's past financial report, they hv never mentioned COVID 19 SELF TEST KITs..please go back and check ... :-).... It will be good if they can source for good quality, easy to use, self test kits and apply for the permit too..

Does it really matters? 55+ Mil shares bgt and can be off loaded anytime if holders/ owners are unhappy. Same with all of us :-) :-). This buy n sell is not exclusive to us ..heehee

Question is : are we seeing the lowest price range / is this the bottom range....heehee

The buying n selling behavior of the warrants are worth observing :-)

mtouche is selling the approved / recommended for use test kits thru companies with the relevant permit. mTouche is expecting to obtain these relevant permits by second half of 2021 when they submit their application by second quarter of 2021. By obtaining the permits, mTouche need not share the profits with the middle man. This venture will lift the share price when they start reporting profits. We just hv to wait.

One way to reduce destructive speculation is to tell your broker that u dont want your shares to be borrowed. By borrowing ur shares, the speculators can push the share price down.

1Malysia, u should read with ur glasses on :-) Also, the lastest financial report mentioned, for the first time, money is spent on matters related to test kits. Distribution of test kits is expected to start in the second quarter of 2021. So..not last year ok

To address Henryz79's concern abt the test kits, refer to bursamalaysia.com announcement on the 18 March 2021. mTouche Proposal 18.03.2021. Pg 3- pg 5, section 2.2.1. With special attention to pg4, paragraph 4.. proposed time line

Heehee... no need to say anymore...all hv decided for themselves :)

Fintec, Sanichi n mTouche do not have the same business model. mTouche is now just doing simple trading. Buy n sell what is much needed now. After checking mTouche's purchase price of kits offered to them (fr their report), google the cost of having to pay for a test. You will see different prices, even the cheapest is higher than the cost price. Yes, yes, there are overheads expenses...still...

Buying and selling COVID 19 test kits at this time is not a bad thing. Go check mTouche 's report on how much they are paying to buy each kit and how much each subject/patient is paying for one test. I am familiar with such businesses ie trading in medical products.

Henryz79, did u know that many years back, Alibaba was delisted fr the HK Stock Exchange?

Must give supporting financial data to support ur statement. Yes, mTouche did lose $, but now has added a venture that may bring in $. With all that $ fr the RI n ESOS etc and new possibilities, why not just watch. Majority of those who subscribed for the RI has holding power and believe in the future. Speculators who want short term gains are causing the problem. So..give valid financial data to support ur statements.

With approx RM 114 millions in the bank, mTouche should not be at this price. Trading in COVID 19 test kits at this time, should bring in $$$. So, if you think the price will go up, buy the warrants because when mother share goes up, so will the warrants. Also, every notch picks up a higher % in profit. This is not a time for short term trading because you dont know how desperate the manipulators are for profits. Time can be against short term trading. Info for you guys to think about. This is good whilst mTouche is flushed with $$$. Go do the maths.

You guys only need to fact check my info....then make your own decision... one that suits you

Remember, mTouche has no less than RM 114 Mil n any mention of profit will move the share price. So, while they manipulate to such a low price, buy...

Approx 794 Mil (RI) shares bgt at RM0.10 and approx 132 Mil old shares. So, u can see how many wont sell at RM 0.10. Good news will move share beyond ur 46 floors, u never know.

Buying n selling test kits should bring in attractive profits. Any good news will lift the share price. Short term speculators will just delay the climb but it will climb up. Any spare money you can find,
buy now as it will reduce your loses. Most shares were bgt at RM 0.10 n so not logical to sell below . Currently, price is being manipulated. Buy and hold.

Oops..heehee not 90% but all Rights at RM 0.10

RI ESOS etc means at least RM 114 Mil with mTouche. 90% of (RI) shares bgt at RM 0.10. mTouch is flushed with $. As announced, $ has been used for buying n selling kits. So, how can mTouche be priced less than RM0.10 like when it has hardly any $ . Go figure..

Good

Heehee...more likely collecting

Look at mTouche lastest report again. The company has started utilizing money on test kits. Also, the amount of money collected.