I think if momentum resumes, it can go to 8 sen. 5 sen is now support level. 6 sen is the resistance level. Presently it is consolidating between 5 and 6 sen on lower volume.
I know many people are stuck at high price but I cannot understand why people never average down by buying at 4 sen. It will be extremely hard to go to 10 sen unless KLSE suddenly turns very bullish. For people who wants to know how the rights monies were spent, go to MLab's website for their product, a MULTIPOINT video conferencing application.
Netx, Fintec, Nice, AT and Mlab they should share same price or I wish they can join in one like Avengers then can even Netx also can up to 1 ringgit ?
The Board of Directors has approved the change of financial year end of the Company from 31 March to 30 June. The next audited financial statements of the Company shall be for a period of fifteen (15) months from 1 April 2018 to 30 June 2019 and thereafter, the financial year end shall be 30 June for each subsequent year.
The purpose for the change of financial year end is for the Company to capture the impact of the launch of the Let's Talk App in June 2019.
Every time QR announced will make me down for a few days. These happened since July 2017.when will these end..... I really need a SIFU.... I don't want to scold it as con caunter because I bought it because of IT NTA is RM0.20,and I consider it is undervalue. I just want to get out of these, and hope it don't take too long, I already wait 2 year n suffer 2 years....
Dear kun1971kun, you made a bad judgement buying MLab at high price. Now it's too low to sell. This Company has cash and business, it's not a PN17 company, so there's chance to recover your investment either all or substantially. At the moment the stockmarket is bearish, so don't think or worry too much of this counter. If you have some spare money to invest, look for other opportunities. There are plenty now.
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TheContrarian
9,507 posts
Posted by TheContrarian > 2019-05-02 00:22 | Report Abuse
I think if momentum resumes, it can go to 8 sen. 5 sen is now support level. 6 sen is the resistance level. Presently it is consolidating between 5 and 6 sen on lower volume.