Price won't go down below 0.075 cents currently..... Hover around 0.075 - 0.09 cent is possible fot quite while. If this week price stable at 0.09 cent is consider good before another TSUNAMI take place....
KLSE index down badly currently that causes many penny stock prices drop. Once KLSE index recover then price goes up again..... Need to be patience a while....
ANNOUNCEMENT Subject : OTHERS Description : METRONIC GLOBAL BERHAD (“METRONIC” or “THE COMPANY”) COLLABORATIVE PROJECT LETTER OF INTENT ENTERED BETWEEN JF STRATEGIC MANAGEMENT PTE LTD (“JFSM”) AND METRONIC SMART TECH SDN BHD (FORMERLY KNOWN AS METRONIC GAHARU SDN BHD) (“METRONIC SMART TECH”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY 1. INTRODUCTION The Board of Directors of METRONIC is pleased to announce that METRONIC SMART TECH, a wholly-owned subsidiary of the Company had on 30 September 2020 entered into a collaborative project vide a Letter of Intent (“LOI”) with JFSM with the intention to collaborate, participate and contribute to the development of the “SMART FACTORIES” and “SPACE OPTIMISATION”, with the following scope of works, with gross project value of up to 15,000,000 USD (equivalent to approximately RM62,250,000) (“Project”):- (a) Development of digital factory for plating processes with space and process re-design, process management, automation and project management; (b) Implementation of radio shuttle pallet storage system and Vertical Lift Modula for entire warehouse (10,000 meter square catering to 1,600 pallet location); and (c) Development and building of SMART warehouse of storage of scaffold or/ and construction material through implementation of Radio Shuttle pallet system and customised heavy duty Automated Storage and Retrieval System (“ASRS”) (22,000 meter square catering to 12,800 pallet location).
Beyond2288, beside Mtronic, Mudajya can buy in slowly at 0.22-0.23. Expect it to sideways at this range for a month before make a decent hike early next month.
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....
Investsucess Trader
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Posted by Investsucess Trader > 2020-09-30 21:04 | Report Abuse
Covid resurgence affects stock market.....