MTouche reported revenue fr sale of COVID-19 rapid antigen test kits (RM 13.5 Mil). I wonder if they will be reporting revenue fr their RT-PCR detection n diagnostic kit in this upcoming report.
I agree with EVO118. There r expectations :). Not happy, sell. Refer to pg 12 n 18, read carefully, understand what real loss is, unavoidable loss etc, then go back to read the rest of the report. Last Q, receivables ( neither pasr due nor impaired) RM 13.3 mil, this Q RM 2.6 mil. $$ not gushing in but trickling. From ordering, receiving to delivering, it can take up to 6-9 months before they can be reported as deliverables ($ due mtouche) in the quarterly financial report. Please, always fact check me. Btw, this counter has a live of its own. It will go up or down when u least expect it.
Yes, also agree. US n Russia etc too also problematic. Small amount of shares can push down. Rich people who invested won't like or like, we won't know... big headache
Announced EX Date Subject Ratio Offer 20 Apr 2021 04 May 2021 Rights Issue (warrant) 6.0000 : 1.0000 07 Apr 2021 20 Apr 2021 Share Consolidation 1.0000 : 10.0000
===================== NOSH = 926,719,091 continue to increase after shares consolidation, via shares issuance to ESOS and PP
WD = 397161708 Maturity 2024-06-02 Strike value 0.1000
===================== CONTINUE TO MONITOR :- UTILISATION OF COMPANY FUND DIRECTORS PLAN TO RAISE MORE FUND VIA SHARE ISSUANCE TO ESOS, PP FINANCIAL RESULT FOR NEXT FEW QUARTERS
If they are still working on a big sale from the test kits, they might as well give up. Covid-19 induced industry is over, just look at the collapse of Topglove. Management are very slow in their actions.
rubbish stock. almost daily, MORGAN STANLEY buys 1 share, then another day will sell 1 share. You will then see MORGAN STANLEY on the Bursa announcement often. It reminds you that MORGAN STANLEY IS A BIG SHAREHOLDER OF RUBBISH MTOUCH. HaHaHa HaHaHa...
rubbish stock. almost daily, MORGAN STANLEY buys 1 share, then another day will sell 1 share. You will then see MORGAN STANLEY on the Bursa announcement often. It reminds you that MORGAN STANLEY IS A BIG SHAREHOLDER OF RUBBISH MTOUCH. HaHaHa HaHaHa...
Hello Morgan Not Steady....can you be a MAN? Buy or sell 1 million shares next time, instead of buy / sell 1 share? Malu lah 1 share and make announcement.
Honestly, it is suprise for me to say that Mtouch still keeping with the units and big investment sharehold....of course, u may ask, why this good invester company still hold Mtouch...i also dont know !!!!....but sure there are some inside we dont know !!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Chitty2
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Posted by Chitty2 > 2022-02-14 11:13 | Report Abuse
MTouche reported revenue fr sale of COVID-19 rapid antigen test kits (RM 13.5 Mil). I wonder if they will be reporting revenue fr their RT-PCR detection n diagnostic kit in this upcoming report.