MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.095

Trading Volume

10,500


7 people like this.

13,220 comment(s). Last comment by fl888 2024-08-29 12:37

Rowie

471 posts

Posted by Rowie > 2020-08-29 18:49 | Report Abuse

If it breaks 5 sen then its sayonara

Posted by 1point5kupang > 2020-08-29 18:56 | Report Abuse

Rowie how long have you been playing mlab if I may ask?

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-29 19:14 | Report Abuse

Rowie, keep 10k shares = 10,000 shares? That's only RM550! I held over one million shares at one point.

Rowie

471 posts

Posted by Rowie > 2020-08-29 19:14 | Report Abuse

Some time already. I just don’t post until cannot tahan people say don’t sell. Played many times n lost once recently when u sold at 6 sen I sold at 7 but bought at 7.5.
My cost now is 5.5 but will wait n see if 5 breaks then I will sell n buy back at 3

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-29 19:25 | Report Abuse

Selling for a profit and then buying back at higher price (with the hope to sell even higher) is a bad strategy. I never do that. I don't sell all in one go but in stages as price climbs. Price doesn't climb up forever.

Rowie

471 posts

Posted by Rowie > 2020-08-29 19:31 | Report Abuse

Yup I sold high n bought lower. I did make some money. I’m a very short term holder. For penny stocks I always cut 1 bid if still good I buyback a few bids lower.

Look at mqtech results n compare with mlab, vast difference. Mlab is 100x better but no power in share play.

Rowie

471 posts

Posted by Rowie > 2020-08-29 19:38 | Report Abuse

Am a small player but will buy 2m shares if it goes down to 3 sen

Rowie

471 posts

Posted by Rowie > 2020-08-29 19:42 | Report Abuse

Why I say keep 10k, cos I don’t trust the people behind this company, they may korek all the cash . So have to watch the play game n news flow

Posted by 1point5kupang > 2020-08-29 22:14 | Report Abuse

Unless consolidate like contrarian bro said otherwise it’s quite difficult for the price to go up, look at some of the pn17 companies very easy for sharks to push up...Brahim gnb etc

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-29 22:23 | Report Abuse

Netx will be above dua kupang soon.

Rowie

471 posts

Posted by Rowie > 2020-08-29 23:33 | Report Abuse

I think still got hope as the cash there may create some excitement.
Mqtech no cash but can create good stories(unbelievable)
Anzo no cash but want to buy glove company(unbelievable)
The list for ACE market is endless if u care to check their books.....all storytelling & MOUs
Mlab Cisco collaboration lapsed on 11th August but only announced yesterday together with its results. Why........they wanted the bad news amplified so people will panic & sell.
Then later their storytelling turn will come so people sell low & buy high.
Watch & see if this is true. If true then our champions( the don't sell & chill gang) will come out & claim credit.
Seen too many of these games

Posted by 1point5kupang > 2020-08-29 23:43 | Report Abuse

Should get tony Fernandez go replace the chairman then mlab will be the best year ever each time before the qr is announced hahaha

TheContrarian

9,507 posts

Posted by TheContrarian > 2020-08-30 00:18 | Report Abuse

I am neutral, I will just hold and wait for an appropriate exit price. Set your own and keep it to yourself.

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-08-30 00:28 | Report Abuse

Rowie, you sometimes said sell then sometimes said got hope, so intention is to make the retailers here confused?

ubaL taM

120 posts

Posted by ubaL taM > 2020-08-30 01:03 | Report Abuse

Mlab is mAtLaBu

Rowie

471 posts

Posted by Rowie > 2020-08-30 01:11 | Report Abuse

I said I will sell if got opportunity to not lose money & buy back lower if can. But I also said this maybe a game by the big monkeys cos the timing of the bad announcement of the MOU, it should have been done earlier. They timed it right to panic retailers to sell at low prices. I also said the company got cash , 30-35m sitting in th bank a/c doing nothing, balance sheet is already cleaned up so new ventures or storytelling can happen (this is the got hope area).
If my cost is much higher , perhaps logically I should wait out & hope the penny stock plays not over. So can wait 1 month .

Rowie

471 posts

Posted by Rowie > 2020-08-30 01:16 | Report Abuse

This is my strategy. I should have small amount if this share ever run. Cannot buy big n hold cos all others are moving & this one sleeps. Opportunity cost wasted & bad investment strategy

Rowie

471 posts

Posted by Rowie > 2020-08-30 01:47 | Report Abuse

Yes, set your own strategy, think for yourself & don't get influenced by anybody.

Kirim

330 posts

Posted by Kirim > 2020-08-30 13:59 | Report Abuse

Almost almost 100% comrade here felt very very worry and nervous for the last 2 days,....

Yeh still,......the golden words applies here

=> Heart must be steady,.......

Kirim

330 posts

Posted by Kirim > 2020-08-30 14:03 | Report Abuse

What I can conclude here is,.....big loss report on last Friday doesn't carry any meaning,....

Paper figures always and most of the time time make people confuse, nervous, scare, sleepless, angry agitated and so on,.....

I would say Fxxk You and NIAR MA!!!

Kirim

330 posts

Posted by Kirim > 2020-08-30 14:07 | Report Abuse

One conclusion, look at the situation,........

Mlab owe people money => NO

Mlab debt free => Yes

Mlab has a stupid management team => Yes

Mlab has pileing up cash => Yes

Mlab management has eaten all the money => No,.....perhaps they will not do that,..

Mlab has good rumours news => Yes

Mlab share price has raised => No yet

Kirim

330 posts

Posted by Kirim > 2020-08-30 14:12 | Report Abuse

A stupid management but they are sincere,....

Thus, I will buy more mlab shares when they fall sick or weak,....

This is what I want to do on next 2 weeks to come,........

Sorry to say, I can't tell how many Mlab share I have and bot at what price,......

But, Mlab won't fall into PN17 category or Along pour red paint at their HQ office,......Hehehe

These already ensure for me to buy more plus above my conclusion written above,....

lauys96

232 posts

Posted by lauys96 > 2020-08-30 15:12 | Report Abuse

poseidon80. do you have any comment this mlabs very bad QR?

mf

29,216 posts

Posted by mf > 2020-08-30 15:13 | Report Abuse

MITI: ASEAN to share data to support Covid-19 vaccine development
Bernama
/
Bernama

August 30, 2020 13:27 pm +08

Kirim

330 posts

Posted by Kirim > 2020-08-30 17:35 | Report Abuse

Anyway, buy on your own risk,.....

Namo Amitabha!!!

Kirim

330 posts

Posted by Kirim > 2020-08-30 17:45 | Report Abuse

he luxury cruise "P" has already done his job,......And perfectly completed his job handsomely.
He has successfully make people remember of him forever,........Cheers!

After QR came out he has to change his name and camouflage,.......May be disappear forever,....
30/08/2020 5:44 PM

Posted by SkyLand88 > 2020-08-30 20:44 | Report Abuse

All in!!! Keep rm1.50 eat nasi lemak

Posted by Investsucess Trader > 2020-08-30 23:13 | Report Abuse

WOW, Quater on Quater drops 1,779.42%, Year on year down 7,134.64%..Tuesday can drops how low..0.035-0.045????

Kirim

330 posts

Posted by Kirim > 2020-08-31 09:48 | Report Abuse

@ In.T,.....Good, a tactic to spook people,.....Good, but is not my style,....

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-08-31 10:14 | Report Abuse

Got Prince here. Saya Sapu. Jangan takut wahai saudara saudari ku retailer sekalians...

Kirim

330 posts

Posted by Kirim > 2020-08-31 10:56 | Report Abuse

I am really scare of the word "wait",.......

The word is very very irritating and scary!

I have been quiet for a while after I saw this "wait" words came out,.........

Now I see clearly what actually meaning of "wait",......................

Posted by Investsucess Trader > 2020-08-31 12:54 | Report Abuse

Posted by Kirim > Aug 31, 2020 9:48 AM | Report Abuse

@ In.T,.....Good, a tactic to spook people,.....Good, but is not my style,....


@Kirim, I'm not trying to spook peoples, Peoples tends to scared when the results crashed over 7,000%. Any how I will buy some if the price drops to an attractive level.

lauys96

232 posts

Posted by lauys96 > 2020-08-31 13:40 | Report Abuse

Mlab 2moro have a good show. maybe will big fall, after they will big grow. bcos do not forget, fintec profit 151mil.

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-08-31 15:45 | Report Abuse

If it will grow means I sedang sapu. Whatever you all throw I sapu with the sharks. Boom price then don't cry.

Eng 88

190 posts

Posted by Eng 88 > 2020-09-01 09:08 | Report Abuse

sapu...result bad will shoot....

Posted by 1point5kupang > 2020-09-01 09:17 | Report Abuse

Yes new trend bad qr will go up. I bought a bit at 0.055

cm2727

125 posts

Posted by cm2727 > 2020-09-01 09:57 | Report Abuse

@wong welcome back brother

Naz90

72 posts

Posted by Naz90 > 2020-09-01 12:20 | Report Abuse

massive buy q @ 5sen. are we gonna see uptrend again despite bad quarter report

CEDgain

309 posts

Posted by CEDgain > 2020-09-01 12:28 | Report Abuse

Will bk to 7-8sen once the syndicates collect enough.

Naz90

72 posts

Posted by Naz90 > 2020-09-01 12:34 | Report Abuse

CEDgain hope that will happen

cutie

1,690 posts

Posted by cutie > 2020-09-01 13:25 | Report Abuse

I think this quarterly result is to cleanse up the company for new shareholder to come in. I think can buy now after all bad news still holding steady. If want to drop, today is the best day to drop. If it don't drop, chance of going up ls great.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-01 15:08 | Report Abuse

MLAB QR SO TERRIBLY BAD. Any reason to go in still?

Kirim

330 posts

Posted by Kirim > 2020-09-01 15:42 | Report Abuse

I am getting a strong feeling, Mlab will close at 006 today,...

If done and close at 006,......my Mirror Mirror of the Wall is The Best in this World!

My XOX (II)?......Nobody can tell,........

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-09-01 16:35 | Report Abuse

Last call

Eng 88

190 posts

Posted by Eng 88 > 2020-09-01 16:43 | Report Abuse

support 0.05 very strong even super bad qr also hard to get 0.05.,...

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-09-01 18:25 | Report Abuse

Woww... Surprise news...

KKLing

123 posts

Posted by KKLing > 2020-09-01 18:33 | Report Abuse

What news

lauys96

232 posts

Posted by lauys96 > 2020-09-01 18:34 | Report Abuse

MLAB not bad, very bad QR. can not die,interesting. i like it. hope after 10sep will rocket up

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-09-01 18:36 | Report Abuse

Check announcement

Rowie

471 posts

Posted by Rowie > 2020-09-01 19:13 | Report Abuse

Guys don’t get excited. Take away one 0 in your shareholding
After the exercise it’s only 14-15 sen not factoring the warrant adjustment if any

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