Quite surprised ppl find difficulty in this counter. On the contrary its easy provided u are not doing for quick money, as written In my earlier postings. Do not agree its pump and dump ,so long as you follow the technicals. Love this counter so much and only wish many others can have the same pattern for patient investors.
Watch XInhwa 5267, looking good in this choppy market. Currently at support level. Hurry up!! Will close higher today !! After lunch will Rocket. Sharing is caring. Don't miss it
Probably wont be any good news for mtag for awhile. The price run up is not sustainable. It was driven by euphoria, margin relax, cheap liquidity. Business wise nothing to add also, labeling/printing/3M related all is running at near capacity. But management not confident enough demand will stay that they chose to do that instead of investing in new facility. They were forced to convert warehouse into space for more printing machine instead of expanding even slightly.
With covid here to stay, consumer demand across the board will reduce, means less business for mtag. There is also risk of 1 or 2 customer controlling a large portion of revenue for mtag. Risky, if this customer choose to reduce their inventory. Major earning miss can be expected. For now wont stay with mtag maybe in future.
Above 1.00 is soon to come..they listed last September, this is near IPO price, more over good customers, Dyson , VS etc and debt free with cash rich and good dividends..at these level you received 3 cents, what else you want.. Treat it as dividends based, and also growth base too..sure untung baby See VS, Ataims etc, these one be above 1.20 again
Forget Dato Lee TK selling, he is just a lawyer, appointed as director. Having little shares to entertain Mtag owners only. His legal firm made him more moneys. The share price should not run wild, but steady as its performance and dividends are good. Hopefully people do not regard this company as a goreng type. If goreng up, must sustain high.
Never worry this company at all. It should be worth of RM0.90- RM1.50 easily. The fundamental is good enough. Mid to long term counter. Got untung got DPS. Never worry even if you guys locked and bought at above RM1.
Perhaps recovery signs to claim back its glory frm 2 x limits up last week with highs 1.22 on the back pendulum swing from gloves oil gas pharmaceutical counters. Will keep an eye.!
Loan moratorium will end soon. Many people will need to serve loans and have no access money to "goreng". It will take a while before the price climbs up to its historical high and that provided the company's fundamental is good.
yea - if u notice alot of IB's start covering on EMS sector - and mTAG is part of the value chain with the growth of economy and semiconductor-related sector.
althought not a key part , potential beneficiary once EMS sector grows, their margins are not bad ~20%. Just a matter if they can capitalise on the growth with more innovative product offerings besides label and converting services.
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....
Newbiexxxxxxxxx
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Posted by Newbiexxxxxxxxx > 2020-08-10 17:58 | Report Abuse
Mtag go go go