That's interesting. You can't claim yourself is so good anyway. M3 was highest at 18c last year before tumbling down to 6.5c closing.
If M3 is so...bad, why waste your time here condemning M3? Spend the time to look for new counters to make money.
Well I don't know whether M3 will incur 8mil loss in Q4, but I definitely wouldn't spend time advising others to sell before the result. If 8mil loss is correct, are you 2 doing so kind of insider trading here?
Before the Q4 result is out, I think minority shareholders must learn this, if you aren't happy with the board but quite unwilling to cut loss or due to some other reasons, I strongly suggest you shd exercise you sole & only rights to vote no to some agendas in the AGM / EGM. I fully understand the move may be futile, but as shareholders, that's your very basic rights to do.
Looks like Happy must have bought a lot of M3 at 18cts high and bearing psycho mentality toward it being delisted ,etc....poor guy always bringing God in when God has never commented on Happy Trader......
dah lama i tengok awak ni..tiap tiap hari cakap sama.makin turun awak makin cakap kuku.. kuku ke awak rasa?i tak mau kena tipu.. 6 sen 5 sen besar jurang..makin turun makin rugi besar.i rasa skerang bahaya
It all depends how you play the stock. 1c is quite a lot, in terms of %, but in terms of absolute value will depends on your quantity. Given the current uncertainty, any thing > 100k shares then only feel the heat or reap some profits. Any smaller amount, goto gamble other stocks could be better.
ni company dah tak larat ..dah banyak wayang...tiap tiap kali wayang kuat..hahah...taukenya cakap kosong..keputusan tiap tiap kali tak bagus..sekarang i rasa 5 sen pun tak baloi masuk kut
guys. i am out at 0.07 just now..extremely disappointed with this M3tech 4th quarter 2018 result, never expect this USD so strong from 3.85 to 4.05 still make a heavy loss.. i have been one of the victims who entered at 0.145 nearly a year ago due to the management mentioned turnaround plans..back to black bla bla now it is definitely an actual failure.. wasted my time and energy to wait this stupid M3
since early 2017, the management keep mentioning turnaround turnaround..made a lot of publicity and few guys here said in 2018 they could manage to make 5million to 10million PROFIT..but UNTIL NOW THE 2018 LOSSES ALONE IS NEARLY 8 MILLION, even worse than 2017 7 million losses,the only quarter that merely make small 210k profit - 2nd quarter 2018, however, management given an excuse saying that they could make more profit during that 2nd quarter but due to USD exchange rate 4.22 to 4.04..
however this 4th quarter even with USD exchange rate from 3.85 to 4.05, they still could make a 1.7 million losses.. wat the hell???did you notice or not.. this time they just kept quiet on the unrealized gain of 1 million plus?IF NOT BECAUSE OF THIS FOREX LOSSES, THIS QUARTER COULD BE WORSE, MORE THAN 3 MILLION LOSSES IS IMMINENT if you got read qr reports ,you should know i am telling the truth..strong USD they cant make profit d. wat do you expect if USD weaken again??
No eye see. No need to buy anymore. Let other players to play it up, if not lock up shares in the safe first. Players can stop monitoring this stock unless it can break through 9c firmly.
i have been putting hope on this M3 for nearly a year ,initially thought the first year losses in 2017 after they mentioned turnaround is still forgivable.. but 2018 even worse... now aggregate losses even bigger than before.. where is the profit..motherfker management MD Lim seng boon and GM Ng chen lok.. if you two cant perform properly, just tender resignation la… why always write good grandmother story long summary in qr report and open articles if you cant deliver profit result??? they just keep repeating the same story ..again and again.. wat wat rationalization la.. cut cost la..monitoring la. All useless..in fact they just cant boost the result but accumulated losses is shitting high now
not sure you realize or not.. they have been releasing ENDLESS OF all kind of provision, amortization and impairment which have been the main reasons for the company to incur losses for 2017 and 2018...whenever i see hopes to go green..impairment provision bla bla ruined the profit game but they just keep saying back to black in 2018.. such a simple consideration they cant even handle properly.they simply know these provisions are bigger than PBT but still blindly hope for turnaround.
after this 4th quarter ..i can see this company is hopeless..i was too naive to believe they could make miracles.. wasted my hard earned money lost to this M3 . those who still day dreaming. please wake up .i used to day dream they could turnaround but the result shown the reality..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Happy Trader
2,406 posts
Posted by Happy Trader > 2018-08-22 17:53 | Report Abuse
Tomorrow QR out. Hope those got sell it. Don't stubborn again orelse yr holding will become paper...!!!!
QR =-8m