Masteryoda is holding big chunk of this counter and tmw will continue sailang.Buy this counter if you want to buy your dream home,you won’t regret it :)
I think it is not going to be a good news now as the price might be further down. When the price cannot go up in few consecutive days then most possibility it will go down. And I think MT are going to fix the PP at lower price to attract investor.
I disagree..Too low a price n the existing shareholdrs might not approved...too high, the new investors might not scceoted. I believe the price is closer to the NTA of RM 0.08.I believe a price of 10sen to 12 sen is palatable to both parties.AS for the share price performance, I think is is highly depent on the vaccine play to generate supernormsl profit,,,,,not tool long now,id it?
Metronic Global Bhd plans to raise up to RM33.94 million — almost a quarter of its current market capitalisation of RM141.52 million — through a private placement of up to 373.74 million shares or 30% of its issued shares, mainly to fund its existing and future engineering projects. The issue price of the new shares and the third-party investors will be decided at a later date, the company said.
The bulk of the proceeds, or RM32.65 million, will be used for existing and future engineering projects. Its engineering project order book stood at RM112.82 million at the latest practicable date, according to the filing to Bursa Malaysia.
Ppmaster It could drop to that level. PP 30% would drive the price down further. TCH would only buy when the price is too low to make profit then. Look like TCH and syndicate are planning for this.
Over 900 counters down today... operator will take advantage to press down and collect.... possible to clear my queue at 0.105....up or down I'm ok...haha.
I jus hold it, end month will more clear. Who want to cut lose buy others counter first than only buy back also can , cut lose range 5-10% is acceptable, If lose 40-50% no need to cut lose no point, just hold.
Juliusceadar, when the price drop from 0.20 to 0.10-0.105, they collect back most of the share, no need to further press deeply, they maybe will press 5-10% from the price 0.12 to play some show.
TAIPEI (Taiwan News) — Taiwan's Medigen Vaccine Biologics Corp. (MVC, 高端疫苗) on Tuesday (Nov. 24) confirmed it had signed a memorandum of understanding (MOU) with Malaysian firm Metronic Global Bhd (MGB) to help with coronavirus vaccine distribution in the Southeast Asian nation.
The first vaccine developer to receive subsidies from the Taiwanese government, MVC is expected to enter its phase 2 clinical trial as soon as the end of the year, along with two other Taiwanese companies. The official distribution agreement with MGB will be Taiwan’s first coronavirus vaccine order from another country.
On Friday (Nov. 20), New Straits Times reported that MGB had inked an MOU with MVC to become the distributor of the latter's vaccines in Malaysia and potentially other countries. The deal will allow MGB to secure approximately 3 million doses throughout 2021 at a discounted price of US$50 per dose.
Was told by reliable source the deposit of US 1.50 millions has been paid. Taiwan Medigen Vaccines Biologics Corp is a reliable and reputable company , supported by the government fund, work closely with America , MT gaining of distributionship in Msia and South East Asia is almost in hand . RM0.50 is highly possible
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MasterYoda
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Posted by MasterYoda > 2020-12-17 21:49 | Report Abuse
Masteryoda is holding big chunk of this counter and tmw will continue sailang.Buy this counter if you want to buy your dream home,you won’t regret it :)