MESTRON HOLDINGS BERHAD

KLSE (MYR): MESTRON (0207)

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Last Price

0.295

Today's Change

-0.005 (1.67%)

Day's Change

0.295 - 0.315

Trading Volume

6,842,800


1 person likes this.

2,349 comment(s). Last comment by ThunderZX 1 month ago

Ccf2020

87 posts

Posted by Ccf2020 > 2023-11-07 22:25 | Report Abuse

Was

Posted by Investor101 > 2023-11-07 22:26 | Report Abuse

the whole movement is a scam.. bursa should take a look on the operators and syndicates controlling such stocks... pity retailers while the shark swimming freely..

faridfet

517 posts

Posted by faridfet > 2023-11-07 22:46 | Report Abuse

you all semua sudah kena

Joel77

31 posts

Posted by Joel77 > 2023-11-07 23:14 | Report Abuse

Warrant was issued free to previous shareholders, technically zero cost

TOKINE

21 posts

Posted by TOKINE > 2023-11-08 09:00 | Report Abuse

Good Morning Guys, from my point of view, if owner really wanna sell warrant, why dont they just sell at open market at 20 cents there(that time), or even sell off at current point at 0.14 also can right?? hmmmm... think about it

kfliau

1,977 posts

Posted by kfliau > 2023-11-08 09:13 | Report Abuse

If they sell 45m warrant in the open market, the price may be depressed to 5 cents to finish selling all

kfliau

1,977 posts

Posted by kfliau > 2023-11-08 09:14 | Report Abuse

Good news is there is no selling pressure today for both mother and son. Looks like a rebound is eminent

faridfet

517 posts

Posted by faridfet > 2023-11-08 10:36 | Report Abuse

Simple analysis and fact - you all semua sudah kena.. lets accept it with an open heart..

Posted by Lee Chee Wee > 2023-11-08 11:44 | Report Abuse

Going to rebound any moment.Wt already move up.

kfliau

1,977 posts

Posted by kfliau > 2023-11-08 14:22 | Report Abuse

Don't sell your cheap tickets to yhe operator

SHOB

615 posts

Posted by SHOB > 2023-11-08 15:45 | Report Abuse

waiting for

Posted by bursasky > 2023-11-08 15:59 | Report Abuse

my 2 cents, the directors aint selling mother shares, that means they are still holding the company firmly, and why they sold such quantity at such low price? They could sell at the current price instead of 0.1. I believe there is story behind. And even they sold a big block of warrant yet both the mother share and warrant prices remain stable today. Sometime we need reverse thinking to make money from share market.

Posted by stockraiders > 2023-11-09 08:08 | Report Abuse

Still trending at the bottom of downtrend channel and seemed to be forming a solid base at 0.42. A potential rehound is on the horizon if it holds, otherwise there will be another drop.

Posted by AnthonyAng666 > 2023-11-09 08:56 | Report Abuse

Wait for another goreng wave to come again

Posted by Lee Chee Wee > 2023-11-09 14:35 | Report Abuse

Rebound on the way to 0.445.

geary

6,384 posts

Posted by geary > 2023-11-09 18:56 | Report Abuse

Lee Chee Wee
Rebound on the way to 0.445.
Up Swing...!?
Support: S1: 0.42
PIVOT: 0.44.
R1: 0.48.
Dis: Trade at your own Risk.

joviwong

15 posts

Posted by joviwong > 2023-11-11 10:41 | Report Abuse

QUARTERLY REPORT ON CONSOLIDATED RESULTS FOR THE FIRST QUARTER
ENDED 30 SEPTEMBER 2023
The figures have not been audited
SSB/11
12. Review of performance
For the quarter under review, excluding a discontinued operation, the Group revenue was RM602 million
and loss before taxation (“LBT”) was RM38 million as compared with revenue and LBT of RM574
million and RM65 million respectively for the corresponding quarter of the preceding financial year
ended 30 June 2023 (“FY2023”).
The higher revenue and lower loss for the quarter were attributable to higher sales volume and improved
margin.
13. Material changes in loss before taxation against the immediate preceding quarter
For the quarter under review, excluding a discontinued operation, the Group revenue increased to RM602
million from RM582 million of the preceding quarter.
The Group LBT, excluding a discontinued operation, was RM38 million for the quarter under review as
compared with LBT of RM24 million for the preceding quarter. Despite an increase in sales volume, the
higher loss for the quarter was mainly attributable to lower selling price.
14. Prospects
The industry outlook remains challenging as current global market conditions weigh on demand.
Domestically, demand is not expected to improve until major infrastructure developments are rolled out.
The Group will continue to be cautious and responsive to market needs and continue to focus its effort
on operational efficiencies.

joviwong

15 posts

Posted by joviwong > 2023-11-11 10:45 | Report Abuse

Despite an increase in sales volume, the
higher loss for the quarter was mainly attributable to lower selling price."" taken from southern steel Q1 2024 report ended 30th Sept 2023. This report was out on 9 Nov 2023 (Thursday) after market closed. Lower steel price contributed signicantly to the bottom line (profit) of Mestron as steel is their main raw material for telecommunication poles and etc.

SHOB

615 posts

Posted by SHOB > 2023-11-15 16:30 | Report Abuse

waiting patiently for up

kfliau

1,977 posts

Posted by kfliau > 2023-11-21 17:01 | Report Abuse

Kambing

kfliau

1,977 posts

Posted by kfliau > 2023-11-23 15:58 | Report Abuse

Habis wayang

Moneymore

532 posts

Posted by Moneymore > 2023-12-05 23:35 | Report Abuse

Lai lai

ArianaGoh

108 posts

Posted by ArianaGoh > 2023-12-11 12:14 | Report Abuse

Another rally is coming after it transfers to Main Board

https://www.thestar.com.my/business/business-news/2023/11/21/mestron-gets-nod-to-transfer-listing-to-main-market

Posted by ChloeCheong > 2023-12-11 14:43 | Report Abuse

no need to doubt that Mestron can join main market as it had achieved record-high revenue in Q3

Posted by ChloeCheong > 2023-12-11 14:46 | Report Abuse

get ready for local / institutional funds chipping in 😉

acnca84

120 posts

Posted by acnca84 > 2023-12-11 14:56 | Report Abuse

ushar sini

ElizaWong

620 posts

Posted by ElizaWong > 2023-12-12 10:46 | Report Abuse

When is Mestron gonna transfer to main board?

E11PUG

12 posts

Posted by E11PUG > 2023-12-12 11:18 | Report Abuse

Tmr 13th Dec →_→ main board

wongchin

1,006 posts

Posted by wongchin > 2023-12-12 16:14 | Report Abuse

Suspended ke?

Posted by RamlyBurgerEnjoyer > 2023-12-12 16:15 | Report Abuse

moving to main board, not suspended

ElizaWong

620 posts

Posted by ElizaWong > 2023-12-12 16:16 | Report Abuse

Thanks, E11PUG. I kinda overlooked this announcement
https://www.klsescreener.com/v2/announcements/view/6027505

ArianaGoh

108 posts

Posted by ArianaGoh > 2023-12-12 17:03 | Report Abuse

Mestron is moving towards the renewable energy business. One of the reasons Bursa is "endorsing" it by approving the main market listing ~

Posted by hahaverynice29 > 2023-12-12 18:30 | Report Abuse

congrats mestron!

Posted by ChloeCheong > 2023-12-13 09:48 | Report Abuse

Today going to Main Board? Get ready to the imminent rally then 😁

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2023-12-13 10:01 | Report Abuse

Operator please push the price higher..

Posted by Mohd ImranRafifi > 2023-12-13 17:28 | Report Abuse

rest assured, Mestron will attract local institutions from now on

ArianaGoh

108 posts

Posted by ArianaGoh > 2023-12-13 18:07 | Report Abuse

The transfer will further strengthen the MHB's credibility among its customers, suppliers, business associates, employees and shareholders, and further strengthen its shareholder base, especially among institutional investors

https://www.nst.com.my/business/corporate/2023/12/988998/mestron-holdings-successfully-tranfers-main-market-bursa-malaysia#google_vignette

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2023-12-14 11:14 | Report Abuse

Accumulation detected .moving soon .

Xienry

97 posts

Posted by Xienry > 2023-12-14 15:25 | Report Abuse

Malaysia set to become RE exchange hub by 2024, still early to invest in MESTRON.

ThunderZX

102 posts

Posted by ThunderZX > 2023-12-14 17:13 | Report Abuse

silently move to main board & pushing up... accumulate accumulate....

raingod

92 posts

Posted by raingod > 2023-12-15 13:58 | Report Abuse

2nd round rally coming, pick up now tp 0.57-0.60 for me

Posted by higHChloride > 2023-12-15 14:26 | Report Abuse

same, waiting for second round... riding the green sea of renewable energy with mestron!

Posted by OutOfTouch96 > 2023-12-18 16:04 | Report Abuse

Tf to main board, giving chance to ppl to collect below 0.50

bobettose

75 posts

Posted by bobettose > 2023-12-18 17:02 | Report Abuse

wish everyone can huat at mestron, the rally is just beginning to happen...

hhhiii123

824 posts

Posted by hhhiii123 > 2023-12-19 10:29 | Report Abuse

Cut loss and run...

Xienry

97 posts

Posted by Xienry > 2023-12-19 15:50 | Report Abuse

Welcome to cutloss, many ppl willing to pick up your ticket

ThunderZX

102 posts

Posted by ThunderZX > 2023-12-19 16:52 | Report Abuse

profit taking day.... waiting round 2 to 0.50 again...

SLLEE5732

364 posts

Posted by SLLEE5732 > 2023-12-19 17:52 | Report Abuse

Collect cheap tickets again
Tomorrow hopefully can collect more

Posted by damansaraeagle > 2023-12-20 00:46 | Report Abuse

50 sen ???????????????????????

Posted by stockraiders > 2023-12-20 08:33 | Report Abuse

If it can hold around 0.415 and rebound in the next few days, it should form a double bottom.

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