MTAG GROUP BERHAD

KLSE (MYR): MTAG (0213)

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Last Price

0.35

Today's Change

-0.01 (2.78%)

Day's Change

0.35 - 0.36

Trading Volume

247,800


2 people like this.

4,026 comment(s). Last comment by Baby Shark 1 month ago

Titan

4,159 posts

Posted by Titan > 2021-05-29 14:01 | Report Abuse

The results look ok. Cash increase. Trade receivables, payables, and inventories remain about the same. The problem is the company is hoarding so much cash. The cash raised during listing to build a new plant till now hasn't materialized. Some analyst commented that this is the best time to purchase land and build a factory as you can bargain the most in such a bad time. One really wonders what is the future plans.

Baby Shark

5,931 posts

Posted by Baby Shark > 2021-05-31 09:40 | Report Abuse

0.60 not so dangerous..

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-05-31 21:46 | Report Abuse

they are actually in the midst of purchasing a land then find out that the land is not suitable and they want to get back all the deposit.... thats why there is a courtcase regarding this

alphajack

3,685 posts

Posted by alphajack > 2021-06-01 20:38 | Report Abuse

low profile o. Quite good co.

Financier

107 posts

Posted by Financier > 2021-06-02 09:39 | Report Abuse

I don't know what to do with my MTAG. Should I just hold or change to EMS?

RainT

8,448 posts

Posted by RainT > 2021-06-10 16:40 | Report Abuse

EMS already sky high

MTAG still low ,more chance to go sky

onionchong

430 posts

Posted by onionchong > 2021-06-10 17:05 | Report Abuse

You can't find long term appreciation in malaysia stock market (except few tech stocks which happened in the past few years). For most of the stocks, you're considered lucky if the stock maintains its value for few years. Look at KLCI index then you'll know. No long term appreciation. Bursa malaysia is for short term gambling, this is the harsh truth.

Financier

107 posts

Posted by Financier > 2021-06-18 11:01 | Report Abuse

If anyone has a chance to meet the management, please ask them what's their expansion plan because they are hoarding too much cash. They aren't catching opportunities. It is a fundamental stock, but growth isn't as much as before.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-06-22 01:12 | Report Abuse

Heading south again. The plant expansion delay doesn't build confidence. No point keeping the money in fd too... Low yield. They shld double the customer base too... Very slow

sychern

114 posts

Posted by sychern > 2021-06-23 14:55 | Report Abuse

Wtf... It already down 0.10 start from 0.775 to 0.675 now.

sychern

114 posts

Posted by sychern > 2021-06-23 14:56 | Report Abuse

Should I cut loss?

Papayashot

380 posts

Posted by Papayashot > 2021-06-23 21:57 | Report Abuse

Personally speaking, MTAG business is too much dependent on ATAIMS. Seems like MTAG has no bargaining power at all in passing the rising material cost back to its customers. And, if you look at ATAIMS balance sheet, it has not settled the payment of many of its suppliers (ballooning trade payable). And in fact, the cash flow of ATAIMS is bit problematic.. My personally feeling....

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-06-26 00:20 | Report Abuse

Soon could touch 56sen..

Posted by STDN237649 > 2021-06-30 10:39 | Report Abuse

top up at 0.56

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-07-01 01:23 | Report Abuse

Yup, everyone waiting at 56sen, still ways to go...

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-07-13 01:30 | Report Abuse

56sen soon, then 49sen...

Posted by STDN237649 > 2021-07-13 22:06 | Report Abuse

then pn17

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-07-15 17:00 | Report Abuse

Why wait 56c when u can buy at 60c hahaha

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-07-15 21:04 | Report Abuse

In 1000 lot for dividend.

Tan Frank

139 posts

Posted by Tan Frank > 2021-07-21 16:48 | Report Abuse

helo..sport car gang...always ride with glove,why no Vroommmm

onionchong

430 posts

Posted by onionchong > 2021-07-21 16:50 | Report Abuse

this counter hopeless.. dont touch

Papayashot

380 posts

Posted by Papayashot > 2021-07-22 13:26 | Report Abuse

talking abt sport car, I remembered the management team drives lamboghini during the first day of their listing in BURSA. Someone pls check...

https://www.facebook.com/pg/mtaggroup/photos/?ref=page_internal

If it is true, I think better do not touch this company

RainT

8,448 posts

Posted by RainT > 2021-07-26 09:11 | Report Abuse

wah

drive luxury cars

The_JQuestion

1,696 posts

Posted by The_JQuestion > 2021-08-05 23:06 | Report Abuse

how can this counter give more dividend than what they earn ?somebody?is it seeming fishyyy?

icst1975

172 posts

Posted by icst1975 > 2021-08-09 15:25 | Report Abuse

MTAG has zero debt since 5 years ago i.e. before its Bursa listing. It has plenty of net cash.
1. Cash and short term investments 130.8m

Payables and receivables are
2.Receivables 47m
3. Payables and other liabilities - 25 m

Adding up 1, 2 and 3 above , Company is in a net cash position of about RM153m. Divide by 681.6m issued shares, it has net cash per share of RM0.225. Even allowing for planned factory expansion plan as stated in its listing plan, the Company is probably still keeping too much cash.

I think that is why the Company can afford to give out generous dividends.

AngryBird

170 posts

Posted by AngryBird > 2021-08-09 15:55 | Report Abuse

gogo mtag

Financier

107 posts

Posted by Financier > 2021-08-11 06:53 | Report Abuse

I don't think there's anything wrong with the management driving Lamborghinis as long as they are producing results. Management should really expand operations or the cash they are sitting on makes no sense.

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-08-11 10:18 | Report Abuse

Breakout...just slowly wait..

sychern

114 posts

Posted by sychern > 2021-08-15 16:01 | Report Abuse

Don't think generous dividend. It is only nearly than 5% per year...

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-08-26 17:06 | Report Abuse

Damn sleepy this counter..no activity

Tan Frank

139 posts

Posted by Tan Frank > 2021-08-30 08:51 | Report Abuse

QR no Vrooommmm--always

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-08-30 17:33 | Report Abuse

Moving...go go..RM 2.00 end of the year

patrico8

334 posts

Posted by patrico8 > 2021-09-01 11:35 | Report Abuse

This is a great dividend stock. Dont mind holding long term.

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-09-01 13:12 | Report Abuse

BO incoming..

sychern

114 posts

Posted by sychern > 2021-09-02 12:12 | Report Abuse

What is BO

Jeffson87

281 posts

Posted by Jeffson87 > 2021-09-03 16:09 | Report Abuse

Bo means price break out

WB888888

450 posts

Posted by WB888888 > 2021-09-09 00:38 | Report Abuse

MTAG will try to break another resistance 0.675. Once broke. Rising star will be on the way and will try to touch 0.73cents (200 moving average line). If this 200days line break again. We should expecting MTAG share moving above this line for heading back 0.80++

stockraider

31,556 posts

Posted by stockraider > 2021-09-09 08:04 | Report Abuse

Go for Gold loh!

Jeffson87

281 posts

Posted by Jeffson87 > 2021-09-09 09:57 | Report Abuse

This mtag is laggard stock. Need time to slowly appreciate to its fair value and to keep up with its peers.

songjoseph

257 posts

Posted by songjoseph > 2021-09-10 20:25 | Report Abuse

苍蝇 !!!!! better run man ..ha ha

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-09-13 16:58 | Report Abuse

Cantik..70c soon yahoo

micsoh

1,174 posts

Posted by micsoh > 2021-09-14 16:24 | Report Abuse

Goto hell liao

micsoh

1,174 posts

Posted by micsoh > 2021-09-15 10:59 | Report Abuse

Other up is constantly up, this one up a little than drop back to square one......

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-09-23 23:33 | Report Abuse

Start your engine..

micsoh

1,174 posts

Posted by micsoh > 2021-09-24 11:16 | Report Abuse

Shi t player, up 1or 2sen only already squeeze, go back sleep lah

micsoh

1,174 posts

Posted by micsoh > 2021-09-29 16:27 | Report Abuse

Hold this kind of stock ready is eat soil lah.

Nathan27

425 posts

Posted by Nathan27 > 2021-10-07 09:46 | Report Abuse

Looks good

Posted by Newbiexxxxxxxxx > 2021-10-07 15:00 | Report Abuse

Hopefully good news soon

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-10-07 15:44 | Report Abuse

Warming up?

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