https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3090321

MTRONIC application for striking out was dismissed. The hearing for Mohd Johari’s discovery application followed by a case management has been fixed on 1 October 2020.
https://www.klsescreener.com/v2/announcements/view/3226923

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=106841&name=EA_GA_ATTACHMENTS

LAUNCHING OF NEW COMMUNICATIONS CHANNEL BASED ON WHATSAPP BUSINESS:
https://www.klsescreener.com/v2/announcements/view/3226905

See https://www.klsescreener.com/v2/news/view/721969/beneficiaries-of-the-pandemic-separating-the-wheat-from-the-chaff where AT's glove venture is mentioned.

M3tech MOC with AT Engineering Solution Sdn Bhd..... there is no further material development on this MOC. See this announcement: https://www.klsescreener.com/v2/announcements/view/3216475

Review of result of 2Q 2020 vs 1Q 2020
-----------------------------------------------------
The Group reported a revenue of RM10.5 million in this current quarter under review as compared to
RM9.8 million in the preceding quarter. The increase was mainly due to an increase demand on
Mobile Solutions Services from our clients from banking sector.

The Group reported a profit before tax of RM0.25 million as compared to a loss before tax of RM0.2
million in preceding quarter. The turnaround results was mainly due to cost cutting measure and a
growth of sales in Mobile Solution Services segment.

Commentary on Prospects
-----------------------------------
The new products development couple with an increase in selling price have resulted in revenue growing
7% to RM10.5 million in Mobile Solution Services segment as compared to preceding quarter. We are
continuing by adoption the advance technologies for customer retention management to deliver value
for money to clients.

The implementation of the Movement Control Order in March 2020 and the subsequent Conditional
Movement Control Order in June 2020 have certainly affected the i3Display business. The Cloud
Service Solutions revenue plunged 66% to RM0.27 million in the second quarter ended 30 June 2020,
from RM0.8 million the preceding quarter.

Recognizing the uncertainty brought about by the changing business conditions and the new social
norms, the Group will continue to develop new products and exploring new technologies to cater to
the market needs.

The main thing is that M3Tech has been improving Q on Q and to date, this is the best Quarterly result with Net Profit, albeit -ve, but less than 1M now. I believe if the company focuses on the right products, services & solutions given that the business climate will start to improve once Covid-19 pandemic is resolved, it can only see its share price trending higher. Certainly something may also be brewing with XOX buying quite a substantial amount of its shares..... perhaps a takeover maybe in the pipeline.

Keep it up M3Tech!

Thanks Jack. Levels that I had are 0.18, 0.225. 0.275 & 0.315. Hopefully it keeps trending up, though we should expect some retracement along the way. Best of luck to all M3Tech investors.

@Jack: Do you have the different possible TPs?

I think M3tech investors are just enjoying the share price moving up quietly. Let's enjoy the ride up.

Qtr result is improving. Extract from its report says with regards to COVID-19 & other future pandemics: "... we have developed face recognition and body temperature sensing devices integrated with our software to identifying any person displaying signs of fever, and to deter people with fever entering the premises. One of the solutions can also be retro-fitted to existing displays, which has drawn interest from existing clientele. A new collaboration with AT Engineering Solution Sdn Bhd (a wholly-owned subsidiary of AT Systematization Berhad) for developing thermometry and integrated disinfection chambers has also been initiated.

Our Sales and Marketing teams have begun sales of these latest devices for combating COVID-19,
and the response has been highly positive, particularly amongst shopping malls and other institutional
clients."

AT has been flying up recently & if M3TECH can fulfill its promises and keep improving on a Qtr to Qtr basis with more sales of its various services & solutions, I am sure its stock price will start moving up very soon. Let's hope so.

From a TA viewpoint, month of Dec is on a downtrend & so is the start of this week as a continuation from last week. Drawing FIBO from Brexit bottom on 24 Jun to the top on 9 Sep, the Weekly 61.8 will be around 21,390 - 21,400. Just something to ponder about if you want to fight against the trend by going for C at most times, It would be more profitable to go with the trend & flow of where the banker & co are pushing this index down to. Draw 4H & daily trendlines to know the general direction before jumping into C or H so that you make a good decision on making a profit at most times.

perhaps heading towards 21,894 to wipe out 1004 Bull contracts. bought H57 0.13 few days, been selling from 0.175 - 0.195 today. only a small handful left to see if can dispose below 21,900 where price would touch 365MA..... if it reaches there today, well & good. otherwise tomorrow hopefully, which will be the end of a huge downtrend week.

index has dropped close to 22,400. https://www.ig.com/au/ig-indices/hong-kong-hs42. 61.8 Fibo for Daily is at 22,371. Weekly 61.8 Fibo is @ 21,894. Looks likely that this index is now heading there, but not immediately unless Banker & associates are really going to push it down hard.

C is coming with vengeance today

this is another down week & unless you have extra $$$$$, but at the very lows on Fri to cost average for Call warrants, and ensure it has expiry in Dec or above.

luckily I sold at the start of the day. my previous comment did sound out the possibility that the index will form a double bottom & at the same time take out Bull contracts from 21800 - 21899, and 21900 - 21999
"wait for HSI index to double bottom out around 21,850 - 21,890. at the moment its very much downtrend and until there's no uptrend signal in sight, best to take advantage of H when prices dip. Since MM is holding quite a few, join the party.
14/11/2016 15:18"

fp, I do refer to the current prices always from the site you gave. unfortunately thru maybank trading platform, the only option available is to buy @ whatever the current bid/offer price is. I do understand what you had mentioned before of inventory running out & prices can be at a premium. mind you, with the inventory having run out on C48 quite some time back, it actually had not fallen as much, but neither do you get a better ROI on your profits too. Well, as long as we can make a profit, be it 2 - 3 sen on a good run up, it'll do. I prefer to trade with those warrants that are in stock. Will do so, once I'm out from this C48. thanks for your advice.

Fp, problem is dat's the current price thru my maybank online stock trading platform.

With US$ Index & other US$ currency pairs weakening after having a good run-up & recovery of oil, it would be OK to hold C. I bought into C48 @ 0.365 & am looking at HSI recovering with US markets futures in the green.

wait for HSI index to double bottom out around 21,850 - 21,890. at the moment its very much downtrend and until there's no uptrend signal in sight, best to take advantage of H when prices dip. Since MM is holding quite a few, join the party.

look @ HSI-HQ thread for more info from experienced traders. it will help you decide when to buy/sell.

waiting game to see who is impatient with itchy fingers and want to sell their C warrants because of "FEAR" in case it dives..................... patience is virtue.......... still warming up the engine

23640 is a going to take a while to get to.... perhaps next week if there's no more bad news in the market. for now, HSI is just taking a breather & we may see more movements in the 2nd session.

boost, right now, USD/CAD is just moving sideways, neither significantly up/down. that's why, there r opportunities to make money when for both C & H move up/down 1 - 3 sen. from a technical chart perspective, this week has seen a huge positive pinbar made on the Weekly chart & off the 365 EMA..... a good indicator. 4H & Daily are pointing towards uptrend... nothing to worry if you are holding C, as I am. Levels to watch upwards are 22,990 and 23,080. Be patient.

looks like most stock market indexes have made good recovery, though still away from their opening prices. this'll come over the next 2 days & next week.

duit, what do u think of my observation? see the opposing movement between the 2?

http://www.investing.com/analysis/can-the-dollar-survive-the-us-presidential-election-200163536

looks like DAX is going to pull the indexes up a little

Listening to Aussie news coverage its said that BBC has called it a victory for Donald Trump..... now the real fun begins around the world!

duit, just make it short & sweet. I just need to concur between experienced traders here & my findings too. with shared knowledge, most traders will benefit from this.

earlier i asked if anyone knew the relationship between US$ & Stock Market. Does anyone here know of 1 currency pair that, at most times, determine the direction of the stock market indexes, esp, US markets? Please respond to this as I it will help so many short/medium traders here to understand when to buy/sell H or C warrants.

C - 197, T - 216. Republicans looks like controlling both US Senate & House. If trump wins, they control everything.... LOL!

HSI fell 1,150 points to its lowest point @ 21,987. what goes up, must come down, and what gies down must go up. be patient with your C warrants.

clinton 109, trump 168

time to recover a little. contrary to what most feel..... a Trump win will send US$ down & US markets up..... i believe ..... but I could be wrong.

how many people here know the relationship between US$ & stock market indexes? reason i asked is because I see some unfortunate people saying I sold too early..... win small lose big.

today is similar to the day Brexit voting took place. Whoever bought H..... i'm sure they've made lots of $$$$. Whoever bought C over the last few days & sold at the open today as I did with mine and kept only a small amount, wait for next week to recover back as what the markets did. just have a look at the charts.

indexes are way outside their normal trading range within the 120BB..... best to take your profits as prices start to retreat (H) & recover (C - buy at lows) & sell at your comfortable profit margin

these swings are going to be common today from one end to the other end. So both camps shud be happy. make your $$$$$

anyway 0.54 is a good place to take profit if this happens to be the top price for the morning session. i sold some earlier when prices was at that price. lets see what happens during this morning session.

index will need to move up beyond 23,115 for 0.55 to be realized. its about 100-120 points away

if u want to sell C, ,y estimate is that it shud get as high as 0.55 - 0.555 for morning session. lets hope so, as I too want to sell it

all US markets, Nikkei, ASX are well up so far..... so this gives an idea of the trend

today there will be opportunities for both C & H to profit from as each states results will cause spike or dip..... good luck & trade with care

clinton 44 trump 31........ C all the way with dips when trump wins a few states. overall projection is a Hillary Win

http://www.investing.com/news/stock-market-news/wall-st-up-over-1-as-clinton%E2%80%99s-election-prospects-brighten-438359
HSI went up as high as 22,957. C holders can rejoice tomorrow if there's no surprise once US markets close with hopefully the indexes remaining around where they are right now or higher.

Weekly, Daily & 4H (2 greens) are all positive. Reason its not moving much now is because DAX opened too high & has to retrace its level to be back into 20BB. Once its settled, I believe all indexes will move in tandem again on an upward journey. Levels to watch 22900, 23025 & 23150-23160.

The market will move up at least until tomorrow because the US election results will only start pouring in as from M'sian 8am Wed morning. As each states announces its results, there will be volatility with price moving up & down like a yo-yo. Now only 50 points away from 22,900.

hopefully it'll be a day strong C day. Index to test 22,900 followed by 23125