MTOUCHE TECHNOLOGY BHD

KLSE (MYR): MTOUCHE (0092)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

403,500


6 people like this.

9,094 comment(s). Last comment by sangjero 1 month ago

Posted by Succes74 > 2021-02-07 13:32 | Report Abuse

Mtouche before share consolidated from 2:1 on March 2017 (share price from last trading 0.10 to 0.20 after consolidated) it upward to 0.68 (up 3.4 times) then drop back to ~0.2x before RI ex-date on Sept 2017.

Did your think it going to happen again? Share consolidate from 10:1
Assume last trading date 0.07 (0.70 after consolidated), 0.70 x 3.4 times = 2.38. Just for discussion only.... as we dont't know operator next action plan & target....
"The basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the Entitled Shareholders at an issue price to be determined by the Board at a later date"

Just a question free warrants D for existing consolidated share by entitled shareholders only or you bought the share after consolidated stil entitle to get the free warrants D after subscribe?

FakeSifu

319 posts

Posted by FakeSifu > 2021-02-07 15:41 | Report Abuse

U think operator/syndicate will give easy money to you?

They will push down to 0.005 next week...

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

Run before its too late...

FakeSifu

319 posts

Posted by FakeSifu > 2021-02-07 15:43 | Report Abuse

Or...maybe push up to 0.10...then consolidate to rm1.0.

But i've always -ve with consolidation exercise

Noned

231 posts

Posted by Noned > 2021-02-07 17:12 | Report Abuse

@Success74
Previous cons 2:1
Now
1.29b to 129m..
Much Easier manipulated..
Retail jump but Operator won't jump.
Unless Mtouch diversify to hotel...

Noned

231 posts

Posted by Noned > 2021-02-07 17:24 | Report Abuse

@FakeSifu
Retail jump already at 7/6 sen.
Sinking fr 8.5 to 5.5
Left t captain..last person
Will he jump..?

Agree wt u 4.5sen at 1/5 bullet...

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-07 17:56 | Report Abuse

how come just a normal sms co, want to become medical centrL ka, ajar main exercise ka ? aiya.. need so much add in 12 employees? test-kit management need 5-6 employees?

Noned

231 posts

Posted by Noned > 2021-02-07 19:45 | Report Abuse

@Success74.
Forgot abt free wd
Both entitle..
Subscribe the RI then u will get it.

Posted by defragmenter > 2021-02-07 20:55 | Report Abuse

So guys, to keep or to sell ? I thinking of selling if it goes above my average buy price 6.7c. Not gonna hold any longer.

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2021-02-07 21:00 | Report Abuse

Please see the information properly 7 cents as reference price before consolidate.Shares issues is (up to or max) RI means can be lower.The 10 cents use after consolidate is example.Keep or sell is all ur choice.Please see the information properly.

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-07 21:20 | Report Abuse

yes, I got c tat is 7 cents, mean after consolidated will be 0.70

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-07 21:21 | Report Abuse

total share 1323 M become 132.3 M share

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-07 21:22 | Report Abuse

total share almost same like 2017

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-07 21:28 | Report Abuse

better than my daya regulation plan 100 into 1 hahaha.. so sad

FakeSifu

319 posts

Posted by FakeSifu > 2021-02-08 09:06 | Report Abuse

as i expected, they will push the price as low as possible before consolidate.

Target @0.005...........consolidate 10 to 1 = @0.05

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 09:10 | Report Abuse

alright thanks info fakesifu..

Noned

231 posts

Posted by Noned > 2021-02-08 09:19 | Report Abuse

@fakesifu
Done my part 4.5

FakeSifu

319 posts

Posted by FakeSifu > 2021-02-08 10:17 | Report Abuse

@Noned, keep bullet for later.

Noned

231 posts

Posted by Noned > 2021-02-08 10:44 | Report Abuse

@Fakesifu..
If every 1/5 bullet tembak at 4.5...
I think Titanic..no needto jump..
We can throw some chairs later..
Asking RI 2017 to be refunded..

tklim

3,202 posts

Posted by tklim > 2021-02-08 10:52 | Report Abuse

@ Success74

Yup....NTA 0.075......

After consolidation will play between 1.32 to 3.99


Cheers



==================================================



Succes74 Mtouche before share consolidated from 2:1 on March 2017 (share price from last trading 0.10 to 0.20 after consolidated) it upward to 0.68 (up 3.4 times) then drop back to ~0.2x before RI ex-date on Sept 2017.

Did your think it going to happen again? Share consolidate from 10:1
Assume last trading date 0.07 (0.70 after consolidated), 0.70 x 3.4 times = 2.38. Just for discussion only.... as we dont't know operator next action plan & target....
"The basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the Entitled Shareholders at an issue price to be determined by the Board at a later date"

Just a question free warrants D for existing consolidated share by entitled shareholders only or you bought the share after consolidated stil entitle to get the free warrants D after subscribe?
07/02/2021 1:32 P

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 11:24 | Report Abuse

thanks I info too tklim.. if rili can fly high then good, tats mean rili doing business..

Mytrd

617 posts

Posted by Mytrd > 2021-02-08 12:07 | Report Abuse

Sorry guys, I’m admit I’m make a wrong decision on Mtouch. Look like Willl stuck for a long period.

Noned

231 posts

Posted by Noned > 2021-02-08 12:15 | Report Abuse

@Mytrd
Its not wrong that counts
Its when u r right..how big will u go

Copy fr my uncle...

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 12:21 | Report Abuse

will. stuck at least 2-3-5 years..

Noned

231 posts

Posted by Noned > 2021-02-08 12:30 | Report Abuse

@freddiehero
5 options
1. Sell OR
2 Sell OR..mom nice sleep
3.Sell OR..mom..n buy back OR on last day
4. Sell WD..
5. Sell WD n mom..nice sleep...

MZM2511

4,541 posts

Posted by MZM2511 > 2021-02-08 13:24 | Report Abuse

Or cutloss now.... Do not turn back. Nice sleep also

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 13:28 | Report Abuse

mTouche: Plans diversification into healthcare. mTouche Technology has proposed a diversification into the healthcare business. The diversification entails the sales and distribution of the Covid-19 test kits and the establishment of a one-stop health and wellness studio supported by a digital healthcare platform which will be developed by the group. With regards to the test kit business, mTouche has entered into a supply agreement with Network Global Solutions Pty Ltd to secure the test kits. It expects to obtain the related permit licenses and approvals by the 2H21. (SunBiz)

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 13:29 | Report Abuse

even daya pn17 100 into 1 I still sleep well.. this 10 in 1 ?

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 13:32 | Report Abuse

here supporter rili little only, not same as many supporter like dgb, vivocom, netx..

Noned

231 posts

Posted by Noned > 2021-02-08 13:47 | Report Abuse

Correct me if I wrong.
1000 cons 100 share
100 share will get 600 OR
If manage to sell all OR .u will get some.

Sell mom n buy back OR last day. Subscribe RI n get free WD

Sell WD.
Sell mom share.

Worth try..

Citadel00

633 posts

Posted by Citadel00 > 2021-02-08 14:01 |

Post removed.Why?

MZM2511

4,541 posts

Posted by MZM2511 > 2021-02-08 14:04 | Report Abuse

Okay. i'm a newbie here. Traped some @6.5. sen. After consolidation news, I made a decision. To keep and top up some today @4.5 sen. Going to take risks.

Noned

231 posts

Posted by Noned > 2021-02-08 14:05 | Report Abuse

Done my part buy 4.5 sen.

FakeSifu

319 posts

Posted by FakeSifu > 2021-02-08 14:22 | Report Abuse

Push down more please....hahaha

Luckybull

399 posts

Posted by Luckybull > 2021-02-08 14:46 | Report Abuse

Habis.

EVO118

2,094 posts

Posted by EVO118 > 2021-02-08 15:03 | Report Abuse

The management of Mtouche are not capable enough to closed the test-kit deal! They have been talking about this for the past couple of months and still can't get a decent sales deal even with Covid-19 cases increasing. Aren't they cash rich? Remember somebody posting that they have a lot of cash in surplus..Might make some money on the short term trading, would be a long wait for it to bear fruit on the health scene.

Noned

231 posts

Posted by Noned > 2021-02-08 15:13 | Report Abuse

@EVO118
don't know how much.
But 6:1 20sen RI 2017 still there..
But I want refunded...

EVO118

2,094 posts

Posted by EVO118 > 2021-02-08 15:22 | Report Abuse

After consolidation the price should be 10 times the current price. Any price below that means you are losing money. 0.10 ? Huge loss. !

Noned

231 posts

Posted by Noned > 2021-02-08 15:25 | Report Abuse

I wait for my OR..
6x

EVO118

2,094 posts

Posted by EVO118 > 2021-02-08 15:33 | Report Abuse

RI at 0.10 means it is a hugh discount. We have to wait and see.

freddiehero

16,721 posts

Posted by freddiehero > 2021-02-08 15:34 | Report Abuse

have to see the right timing Wat price u collect later.. not yet sell not yet loss..

Noned

231 posts

Posted by Noned > 2021-02-08 15:38 | Report Abuse

@FakeSifu
Do operator have 4.5 sen to throw...?
Waiting so long..never coming.
Some say they won't sell their 5sen at loss..
Coz operator never loss..

Posted by Cidukciduk > 2021-02-08 16:11 | Report Abuse

When is it going to consolidate?

Posted by Investsmart4 > 2021-02-08 19:07 | Report Abuse

RI is after consolidation....bear in mind....another way to ask for more money fr retailers....

MZM2511

4,541 posts

Posted by MZM2511 > 2021-02-08 19:10 | Report Abuse

another way to ask for more money fr retailers....
------------------------------------------
Sometimes the company do it for good, sometimes will give nothing good for the company. It depends on the management of the company.

Posted by Investsmart4 > 2021-02-08 19:13 | Report Abuse

Case study....after consolidated, price drop and possible bk to before consolidated. Final, today's price with lesser shares....as 10 to 1.

MZM2511

4,541 posts

Posted by MZM2511 > 2021-02-08 20:47 | Report Abuse

@Investsmart4. Possible, but in theory the price after consolidation will be higher, at least in short term. Its sometimes trading higher than the price set by the theory and its also can be lower. Its also can be lower than the price before consolidation in long run, if the company still does'nt perform after conso.....

Noned

231 posts

Posted by Noned > 2021-02-08 22:01 | Report Abuse

As at today I think operator had enough 4.5sen to throw back at buyer tomorrow..
No operator will sell at 4sen as today coz they don't have 4 sen stock..
No operator want to loose money.
If t operator manage to get enough 4sen tomorrow..they will put it as pressure to buyer 4sen...
And so on going until noting left..

So..
Stop selling to operator as they will used it to pressure bit by bit...
Retailers decide..
I think neither if us or t operator manage to buy 4sen since past 10years..

Unless banker..margin call..then koyak..

Henryz79

140 posts

Posted by Henryz79 > 2021-02-08 22:07 | Report Abuse

Is easy to push from 0.045 to 0.10 cents.... Is not easy to push from 0.45 to 1.00.....kena kantol..... The company keep dilute the share by issue number of ESOS..... Betul betul kena kantol

MZM2511

4,541 posts

Posted by MZM2511 > 2021-02-08 22:25 | Report Abuse

Hrenry79. Is not easy to push from 0.45 to 1.00
---------------------------------------
Its not easy, but its a possibility. Please study Vivocom's consolidation exercise....

Noned

231 posts

Posted by Noned > 2021-02-08 22:25 | Report Abuse

@Henryz79
I think ...will be other way.
Not easy to push 1.3b share
Easy to push 130m share..

Latest ..refer to VC.

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