Posted by FakeSifu > 2021-02-05 11:26 | Report Abuse

Manyak syiok wooo...

I sudah cakap que buy @0.05 dulu...

I tak makan sorang2 punya...

I share sama u all...

Sudah jual sikit buat makan kfc...

Posted by DarkSamurai > 2021-02-05 13:55 | Report Abuse

Shiok lah u

Posted by Citadel00 > 2021-02-05 14:00 | Report Abuse

where the sozai bought at 0.075??

Posted by luckaje > 2021-02-05 16:58 | Report Abuse

looking good today

Posted by freddiehero > 2021-02-05 18:17 | Report Abuse

is coming.....

Posted by luckaje > 2021-02-05 18:34 | Report Abuse

wah consolidation and now officially in healthcare business lol

Posted by Miey089 > 2021-02-05 20:35 | Report Abuse

Kahkahak.. Waiting at 0.035.??i think dunia dah kiamat mase tu.. Mimpi jela

Posted by FakeSifu > 2021-02-05 20:40 | Report Abuse

I remember 1 guy said the same thing when i said waiting @0.05 few month ago...

I think that guy already in grave.

Posted by freddiehero > 2021-02-05 21:32 | Report Abuse

im long term, long trap inside haha..

Posted by FakeSifu > 2021-02-05 22:19 | Report Abuse

Bad news comming guys...

Sell everything now...

Posted by Michael Kwok > 2021-02-05 22:37 | Report Abuse

Please I'm former AT 5 cents and Anzo 3 cents in 2019 fourth quarter.After the big drop till March 2020 it went boom.AT after right issues(manage to grab some rm 5k) and Anzo no right issues went to as high as 20 cent range.Please after 30-40 percent down no need to sell if its come from after years of downward.See the FA first got cash or not.

Posted by Michael Kwok > 2021-02-05 22:39 | Report Abuse

Fake sifu sometimes people made mistake or chart pattern not in favor.

Posted by FakeSifu > 2021-02-05 22:52 | Report Abuse

Michael, did u read the consolidate proposal? 10 to 1.

Posted by kenie > 2021-02-06 01:49 | Report Abuse

Mtouche Share Consolidation 10:1 , after consolidation issue right issue 10c .. kua and pang sai huat best buddy same pattern ...

Posted by genfinder > 2021-02-06 02:32 | Report Abuse

Tech is on the uptrend..probable another 10 % more before bubble burst.

I already exited 90% d, left 10% there to enjoy the last leg..hehe

Posted by defragmenter > 2021-02-06 11:42 | Report Abuse

Sorry i cant understand this statement. Can anyone explain to me in laymen terms? Let say i have 400,000 shares.

"The renounceable rights issue of up to 794.37 million new shares will be on the basis of six rights shares with three free warrant-D for every existing consolidated share held."

Posted by BigDaddyCool > 2021-02-06 12:48 | Report Abuse

400,000 after consolidate become 40,000.00 of the basis 10:1
Every 1 consolidated shares after Ex Date For The Right Entitlement is 1:6 RI which you need to purchased(not compulsory if not intend to buy) meaning to say your new share 40,000X6=240,000 unit of which is issue price of RM0.10 = RM24,000.00.With This Entitlement after Ex date you will received free Warrant of the Basis 6:3 @720,000.00 unit.

After Ex Date your existing Share will be 40,000 unit and if market price stay at 0.10 value of your shares is RM4,000.00.

Posted by freddiehero > 2021-02-06 13:25 | Report Abuse

0.10 base on the share price fall from 0.055 until 0.01 before consol.. calculation follow last 5 days trading time..

Posted by freddiehero > 2021-02-06 13:27 | Report Abuse

（吉隆坡5日讯）万通科技（MTOUCHE,0092,创业板电讯媒体组）建议进行系列企业活动，包括多元化业务至医疗保健领域、“10变1”股票整合，以及“1配6送3凭单”比例发售附加股，最多筹资7943万7000令吉来发展新业务和充作营运资本。

该公司发文告表示，集团主要从事智能手机流动增值服务，但碍于市场竞争激烈，无力改善财务表现，为此集团考量医疗领域前景后，计划多元化业务至分销和销售快筛组和健康业务。

“医疗保健业务料贡献集团净资产或净利逾25%，因此公司将召开股东特大寻求股东批准业务多元化计划。”

随后，万通科技建议将现有10股股票整合成1股，再以整合后1股配6送3比例，发售7亿9437万4098股附加股，以及派送最多3亿9718万7049张凭单，附加股发售价和凭单行使价将由董事部稍后决定。

假设附加股发售价为10仙，届时将筹得最多7943万7000令吉，其中1000万令吉用来扩充快筛组分销和销售业务、5600万令吉融资健康业务，另1243万7000令吉作为营运资本。

最后，万通科技指出，公司在2017年11月完成融资7620万令吉的附加股计划，并有意运用剩余的750万令吉来2022年11月9日前收购新办公楼或合适产业，但受到行动管制令影响，以及财务和商业考量，决定寻求股东批准延长期限36个月。

Posted by MZM2511 > 2021-02-06 15:00 | Report Abuse

BigDaddyCool. After Ex Date your existing Share will be 40,000 unit and if market price stay at 0.10 value of your shares is RM4,000.00.
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Why the price assumed to be @10 sen? Theoretically, the price after consolidation should be higher. For example if the price before consolidation is 5 sen, theoretically the price after consolidation is 10 X 5 sen = 50 sen. Based on your assumption, MTouche price before consolidation assumed to be @1 sen. Why????

In Trive case, on the first day of trading after consolidation of 25:1, the price jump from 1.5 sen to 31.5 sen. After few weeks of trading, the last trading price is @25.5 sen. Same as Vivocom, on the first day of transaction after consolidation of 10:1, the price jump from 4.5 sen to 67.5 sen and the last trading price is @RM1.01.

Posted by shacarlos > 2021-02-06 15:20 | Report Abuse

RUNNN..... !!!!! ;-)

Posted by BigDaddyCool > 2021-02-06 15:24 | Report Abuse

MZM its supposed to be higher.Im onlyi illustrating the worst case scenario

Posted by FakeSifu > 2021-02-06 15:29 | Report Abuse

Price will drop to 0.005 next week...

After consolidate price @0.05...same price as now...

Run before its too late...

Posted by BigDaddyCool > 2021-02-06 16:24 | Report Abuse

fakesifu dont be so lanciaw esai bo.each time appears in any comment sure sarcastic remarks.nabeh

Posted by tklim > 2021-02-06 17:02 | Report Abuse

https://www.theedgemarkets.com/article/mtouche-technology-proposes-share-consolidation-diversification-and-rights-issue

Posted by tklim > 2021-02-06 17:03 | Report Abuse

KUALA LUMPUR (Feb 5): mTouche Technology Bhd is raising fresh capital of up to RM79.44 million via a cash call to finance its diversification into the distribution and sale of Covid-19 test kits.

Meanwhile, it also proposed an extension of time frame for the utilisation of the remaining proceeds raised from the rights issue exercise that was completed in November, 2017.

mTouche, in which AirAsia co-founder Datuk Kamarudin Meranun holds a 5.17% stake, has proposed a rights issue which comes with free detachable warrants after the proposed 10-to-one share consolidation exercise.

The renounceable rights issue of up to 794.37 million new shares will be on the basis of six rights shares with three free warrant-D for every existing consolidated share held.

mTouche has set a minimum of RM10 million to be raised from the proposed rights Issue.

To meet the minimum subscription level, the company has procured written undertakings from its executive directors Tang Boon Koon and Chen Huei Ping.

Under the minimum scenario, Tang's and Chen's shareholdings in the company will rise to 21.94% from 0.04% respectively, assuming none of the other entitled shareholders subscribe for their right shares.

mTouche, which is principally involved in the provision of mobile value-added services for smartphones, said it had reported losses for the past two financial years ended June 30, 2019 (FY19) and FY20 mainly due to increasing competition in the mobile value-added services industries arising from new developments in mobile technologies.

Thus, the group plans to diversify into the healthcare business which includes the distribution and sale of Covid-19 test kits and the wellness business to improve its financial performance.

The group also said following its share consolidation, its number of shares will be reduced to 128.15 million from 1.28 billion.

Meanwhile, the gross proceeds to be raised from the proposed rights issue with warrants will be utilised for the expansion of the distribution and sale of test kits business, funding of the wellness business and working capital.

mtouche closed 0.5 sen or 10% higher at 5.5 sen, valuing the company at RM72.81 million.

Posted by BigDaddyCool > 2021-02-06 17:45 | Report Abuse

RI is sort of IPO.But RI is only offer to existing share holders.Listed company cant en route for another listing of IPO but instead offering RI to its shareholder.Depending on how you look.into it.Some may curse some may look into +ve sign.

Posted by Mytrd > 2021-02-06 18:06 | Report Abuse

RI for setup healthcare business not for pay debt. Position company to right path.

Posted by Michael Kwok > 2021-02-06 18:19 | Report Abuse

My goodness.Please dun spread fake facts.The right issues after consolidated set at 10 cents.It did not means it will drop to 1 cents before consolidated.Duh.Somemore M touch already stuck at range bound(the lower end).Look at Vivocom case it stuck at lower end (range bound) after consolidate it went boom.Please if it come from the very top or overbought,yeh it will come down big time.

Posted by Michael Kwok > 2021-02-06 18:23 | Report Abuse

MZM2511 u are right.Both shares u speak at lower end of price range tht y its boom.Ur samples was right.

Posted by MZM2511 > Feb 6, 2021 3:00 PM | Report Abuse

BigDaddyCool. After Ex Date your existing Share will be 40,000 unit and if market price stay at 0.10 value of your shares is RM4,000.00.
------------------------------------------

Why the price assumed to be @10 sen? Theoretically, the price after consolidation should be higher. For example if the price before consolidation is 5 sen, theoretically the price after consolidation is 10 X 5 sen = 50 sen. Based on your assumption, MTouche price before consolidation assumed to be @1 sen. Why????

In Trive case, on the first day of trading after consolidation of 25:1, the price jump from 1.5 sen to 31.5 sen. After few weeks of trading, the last trading price is @25.5 sen. Same as Vivocom, on the first day of transaction after consolidation of 10:1, the price jump from 4.5 sen to 67.5 sen and the last trading price is @RM1.01.

Posted by Noned > 2021-02-06 19:06 | Report Abuse

Was consolidated march 2017.
Was RI September 2017.
Chart is marked 'O'
Pls refer..

Posted by Noned > 2021-02-06 19:07 | Report Abuse

RI is marked 'R'

Posted by Noned > 2021-02-06 19:35 | Report Abuse

Let be clear to all..
Pls don't delete my comment..who ever u're

Posted by freddiehero > 2021-02-06 19:46 | Report Abuse

if follow the date distance, sure confirm.. thanks to u all for sharing..

Posted by Michael Kwok > 2021-02-06 20:33 | Report Abuse

M touch shares issues is up to or till x amount.The second point is the consolidate price starting from 7 cents(before consolidate) up to tht date. Not 1 cent before consolidate or 10 cents after consolidate(tht price only illustration).Please do not made error.

Posted by Noned > 2021-02-06 20:53 | Report Abuse

@Michael Kwik
Co want rm79.44m
No of RI 794.37m
RI price 10sen..correct lo.

But mom share should higher...
To fully subscribe..

Otherwise pity t undertaker...

Posted by Noned > 2021-02-06 20:58 | Report Abuse

Sorry typo...Michael Kwok..

Posted by BigDaddyCool > 2021-02-06 21:17 | Report Abuse

michael kwok i guess you got it wrongly.Ive stated that its just the worst case scenerio happan and it wont happen as what fakesifu always talk shit about this conunter.Maybe my abbreviation on the fact is misunderstood but it is cleary explained and no misleading intention or vis versa.Stay calm.

Posted by BigDaddyCool > 2021-02-06 21:19 | Report Abuse

and i dont think Kamarudin Meranun would like to see his holding vanished without a good turn around plan.I guess there is a +ve sign in this event.

Posted by MZM2511 > 2021-02-06 21:36 | Report Abuse

Noned.. But mom share should higher...
------------------------------------------
If the RI price assumed @ 10 sen, the existing share at that time should be at least 30% higher....

Posted by Noned > 2021-02-06 21:37 | Report Abuse

@BigDaddyCool
I believe t co really want that rm79.4m
T co will make u subscribe t RI by easy support t 129m mom share above t RI price.

T undertaker rm10m is a joke.

Posted by BigDaddyCool > 2021-02-06 21:41 | Report Abuse

For every 6 right subscribed entitled for 3 free Warrant Share

Posted by Newbieinshare > 2021-02-06 22:16 | Report Abuse

Mtouche share consolidation then RI +free warrant look alike NETX. Can use NETX as referrence

Posted by defragmenter > 2021-02-06 22:38 | Report Abuse

So what happen NETX ? Can anyone summarise?

Posted by Noned > 2021-02-06 22:58 | Report Abuse

@better refer Mtouch itself march2017
RI ...sept2017.
Note..fund still not fully utilized..

Posted by MZM2511 > 2021-02-06 23:03 | Report Abuse

The price after consolidation will be higher. But the price usually not as theoretically assumed. Its sometimes higher than the price set by the theory and its also can be lower. Its depends on the specific conditions of the companies. Every companies have their own nature....

Posted by Noned > 2021-02-06 23:27 | Report Abuse

Depend on consolidate ratio..
129m consider small.
Rm79.4m RI sb easy also.

Only....operator is tricky.

Posted by Trader Lo > 2021-02-07 00:57 |

Post removed.Why?

Posted by tklim > 2021-02-07 11:31 | Report Abuse

Five years high for this counter is 0.735......

After consolidation price will move between 0.11-1.25

Posted by tklim > 2021-02-07 11:34 | Report Abuse

maybe can hit 3.99