METRONIC GLOBAL BHD

KLSE (MYR): MTRONIC (0043)

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Last Price

0.015

Today's Change

-0.005 (25.00%)

Day's Change

0.015 - 0.02

Trading Volume

150,600


13 people like this.

12,038 comment(s). Last comment by blistering 1 month ago

Posted by Rajuan_Singh > 2020-10-15 11:00 | Report Abuse

The prolong OB on mother is as expected as it superseded the expectation. But I like the 2 prong mentioned by moneykj health and industrial 4.0

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 11:01 | Report Abuse

Citrahati, play share is not see or refer to the NTA ok, be smatl.

Citrahati

23 posts

Posted by Citrahati > 2020-10-15 11:02 | Report Abuse

Then why the shareholders bought n sold as per bursa announcement ?

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 11:05 | Report Abuse

When the price touch 0.12-0.125 than drop back, sure many people top up at every price level 0.11 , 0.10, 0.09, 0.085, am i right? Haha

beyond2288

1,791 posts

Posted by beyond2288 > 2020-10-15 11:06 | Report Abuse

0:05

Citrahati

23 posts

Posted by Citrahati > 2020-10-15 11:06 | Report Abuse

Brother ppmaster thanks for the good advice. U have created a good deed (karma). Really appreciate. Another good advice is call the investors relations of the company.

shacarlos

352 posts

Posted by shacarlos > 2020-10-15 11:09 | Report Abuse

Run!!!.... Kekekeke... ;-)

Citrahati

23 posts

Posted by Citrahati > 2020-10-15 11:09 | Report Abuse

Never create uncertainties. Ppl might loose brother ppmaster. Let them understand the company through right channels. Investors relations, past annual reports, the nature of business, etc etc.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 11:12 | Report Abuse

From the month april to august, many retail invester gain money, is the time for the trader to kill back the retailer invester profit and thier capital as well.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 11:17 | Report Abuse

You all like to average down the price, jus let you all buy at every level 0.09 , 0.08, 0.07, 0.06, 0.05..kill more your capital, one shot kill your profit n capital. You think you are smart, yes is over smart. Haha

Posted by Rajuan_Singh > 2020-10-15 11:17 | Report Abuse

See you all next week :)

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 11:21 | Report Abuse

When is price adjustment, when is create falling knife, please learn more knowledge ok. My sincere advice.

beyond2288

1,791 posts

Posted by beyond2288 > 2020-10-15 11:25 | Report Abuse

0:05-0:045

Posted by jagdish1970 > 2020-10-15 11:27 | Report Abuse

buy.. now before too late....next week wednesday see the fun back....but trade at your own decision

Posted by MoneyKing88 > 2020-10-15 11:29 |

Post removed.Why?

followKing

408 posts

Posted by followKing > 2020-10-15 11:29 | Report Abuse

Wu Chang ~~~~~~~~~~~~ Selling ?

Posted by q1029384756 > 2020-10-15 11:38 | Report Abuse

Wah luckily never buy yesterday. If not sure naik kereta today.

beyond2288

1,791 posts

Posted by beyond2288 > 2020-10-15 11:43 | Report Abuse

0:03-0:035 next

beyond2288

1,791 posts

Posted by beyond2288 > 2020-10-15 11:58 | Report Abuse

no more people will buy this counter

Posted by jagdish1970 > 2020-10-15 12:00 | Report Abuse

good way to scare everyone today...ha ha cheap tickets for next week game....so many people get conned so easily here and panic sell.....well thats how we make the $ ha ha

cool91

281 posts

Posted by cool91 > 2020-10-15 12:04 | Report Abuse

Race start!!!!!!!...relax

Posted by InvestNotGamble > 2020-10-15 12:06 | Report Abuse

Yea even in future they up again no ppl will buy this counter. black list.

Kirim

330 posts

Posted by Kirim > 2020-10-15 12:27 | Report Abuse

Dato Sri and Tan Sri fighting,.....

Gajah sama gajah perang,......Pelanduk mati di tengah tengah,.....Hehehe

mhanaS

213 posts

Posted by mhanaS > 2020-10-15 12:27 | Report Abuse

7 sen and preassing down. Fantastic. Will not be surprised if it touches 5½ sen by today.

Solomon7

370 posts

Posted by Solomon7 > 2020-10-15 12:37 | Report Abuse

Something bad or great later?

jasonred79

1,040 posts

Posted by jasonred79 > 2020-10-15 12:37 | Report Abuse

as some people noted, cita realiti and pang, etc, bought on margin. ... the question here is, have they already offloaded everything and now they don't care about mtr price anymore? or they still have a lot of share tied up here? hmm...

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 12:37 | Report Abuse

Jaddish, haha, if you make momey than go ahead. Haha

Posted by newuser9021 > 2020-10-15 12:45 | Report Abuse

based on many shares trading, falling stock like this can be either on purpose or coincidentally.. On purpose - large traders pressing small traders by dumping their shares in large and induce rollover effect and buy back the price at same or cheaper price, and make a double profit in the near term.

Coincidentally - too many sellers at 11-12c, push down the price and 10c/11c traders trying to average and notice price keep dropping, and selling back. One need to be calm but experienced to handle this situation, and must say it must a team work. But this is market, buy and sell at own risks and study.. 7.5c wipes out warrant price, and 11c to 7.5c is a 30% loss. at current warrant price, it will scale back to 9c at least in the next 1 to 2 days. just my views..

fairways

51 posts

Posted by fairways > 2020-10-15 13:14 | Report Abuse

Im stuck at 9 sen...ha ha got carried away ...now no idea to either cut loss or average down? trick or treat

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2020-10-15 13:22 | Report Abuse

Tomorrow could be another sell-off and could drop back to 0.055 - 0.06 cents. What happen to today is normal to Bursa. Other counters do happened like this.

The price would stay and hover around 0.055 - 0.08 cents for number of days before show any sign of uptrend. So, ppl have to wait and be patience.

I don't think it would rebound by this afternoon and I m more optimistic that PANG, CITA, MNC, SANICHI would aquire more share by buying more cheap share. They have succesfully currently anyway as what had happened yesterday and today.

Posted by Power Ranger > 2020-10-15 13:40 | Report Abuse

hoseh liao, alot of ppl kena laoqian counter. average down? keep average until macam Pasukhas la.

Posted by Power Ranger > 2020-10-15 14:04 | Report Abuse

obviously this is a falling knife and u need to lari lari lari secepat mungkin.

Dandanjoe

343 posts

Posted by Dandanjoe > 2020-10-15 14:39 | Report Abuse

Where is moneykj?

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 15:04 | Report Abuse

Today close 0.07 - 0.075 , tomorow continue drop, just let you all buy 0.075 now

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 15:08 | Report Abuse

Yestetday buy 0.125 , tomorow only can sell 0.06-0.65 , wow lose 50% in 2 days time

sammmy

1,165 posts

Posted by sammmy > 2020-10-15 15:09 | Report Abuse

For those who want to average down , please don’t buy first. Keep monitoring. I believe the price will drop to 6cent. Where it belongs to.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 15:09 | Report Abuse

Invest 100k lose 50k in 2 days

jasonred79

1,040 posts

Posted by jasonred79 > 2020-10-15 15:22 | Report Abuse

if you think it's going to 6c, then you should sell now at 0.75, and buy back later at 6c. Average down for what?

Posted by newuser9021 > 2020-10-15 15:30 | Report Abuse

true @jasonred79..

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 15:32 | Report Abuse

Sammy, you r smart.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 16:08 | Report Abuse

Suddenly feel want to challenge this trader , i will dump in some money to join their game. Haha, eat some food from their mouth.

jasonred79

1,040 posts

Posted by jasonred79 > 2020-10-15 16:12 | Report Abuse

i been queueing to buy at 0.07... I don't think it's going to trigger.

jasonred79

1,040 posts

Posted by jasonred79 > 2020-10-15 16:13 | Report Abuse

i mean I don't think it will reach my turn.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 16:13 | Report Abuse

Jason , dun worry tomorow sure you can get 0.07

jasonred79

1,040 posts

Posted by jasonred79 > 2020-10-15 16:14 | Report Abuse

there've been a few people selling at 0.07, but hardly anything. So it's pretty stable at 0.075 right now. ... how long that will last, I don't know.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-15 16:25 | Report Abuse

Jason, dun worry, trader still have many stock on hand to throw, the problem is you have enough money to buy? Haha

ACD888

274 posts

Posted by ACD888 > 2020-10-15 16:30 | Report Abuse

Beautiful

Posted by newuser9021 > 2020-10-15 17:03 | Report Abuse

just my views:
so 45m shares to buy at 7c, and that's like RM 3.15m and if being sold at 7.5c, it will be RM 3.3m.. if those larger traders were after quick money, they would have sold it as how it happened from 11c to 7.5c. Guess 7.5c has a realistic value for them. Tomorrow, might stay again at 7c/7.5c before next action from the traders.. If it is too scare off traders, they have done well.. if no one has bought their shares from 11c to 7.5c, these traders would have no one to sell it off and price would have stayed at those 11c level but they would have played it with their own cash team.. next few days might be sweet or sour memories.. right now, we have good amount of buyers at 6c to 7c, and these buyers might either newcomers, averaging, or sold off at higher price and queuing to come back at lower price.. not a surprise if tomorrow it moves to 8c or 9c to cancel off the effect from today and yesterday's trading..

some info on the base share price (tan sri has it at 7.5c):
https://klse.i3investor.com/blogs/walaomoney/2020-06-02-story-h1507952956-Sanichi_Mtronic_are_Abang_Adik.jsp

ACD888

274 posts

Posted by ACD888 > 2020-10-15 17:07 | Report Abuse

Beautiful

jasonred79

1,040 posts

Posted by jasonred79 > 2020-10-15 17:19 | Report Abuse

(tan sri has it at 7.5c): -> no he doesn't. he sold off everything. he's not a substantial shareholder anymore.

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