Posted by Abram66 > 1 month ago | Report Abuse

Didn't retrace much and this counter is still moving steadily

Posted by Michael Kwok > 1 month ago | Report Abuse

Mtec 1.08
Resistance 1.12(break then buy if oversold few days)
15/8/24 11.40am

Posted by lawlite007 > 1 month ago | Report Abuse

Enter some at 1.06, trying some luck with MTEC

Posted by minizzizin > 1 month ago | Report Abuse

actually need more volume now, show time is coming

Posted by AlphaAdventurer > 1 month ago | Report Abuse

Trading volume is slowly building up, no worries and it will break RM1.10 for sure

Posted by Farretwild > 1 month ago | Report Abuse

so far alrdy moving up from 1.00, see can hit thru 1.10 next week or not

Posted by RayLee > 1 month ago | Report Abuse

Looking forward to the company's transfer to the main board 🤗

Posted by dangdang2020 > 1 month ago | Report Abuse

next year main board??

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Tunggu saja berita baik tersebut drpd Mtec. Sekarangan kita tunggu keputsan q2 dulu

Posted by jomvalueinvest2 > 1 month ago | Report Abuse

This company's second-quarter revenue and net profit may hit a record high 🤓

Posted by jjtamG > 1 month ago | Report Abuse

BUY MTEC 1.06 with increasing cable demand , next resistance 1.12

Posted by DoubtfulBsk > 1 month ago | Report Abuse

this week result out, wait & see master tec deliver it again

Posted by GammaRay > 1 month ago | Report Abuse

QR is out and its PAT hits a new high !!! Tomorrow breakout 🚀

Posted by rac3ginho > 1 month ago | Report Abuse

nice result with dividend, no breakout means can collect more at current price

Posted by lawlite007 > 1 month ago | Report Abuse

Master Tec’s solid performance in Q2 FY2024 was primarily driven by the continued demand for its low-voltage power cables, which accounted for RM69.0 million, or 94.73%, of the total revenue.

For the six-month period ended 30 June 2024 (“6M FY2024”), Master Tec recorded a cumulative revenue of approximately RM140.0 million, further cementing its status as a leading player in the industry. The Group’s gross profit for the period reached RM18.2 million, with a robust gross profit margin of 13.03%, and a PBT of RM13.9 million

Posted by Abram66 > 1 month ago | Report Abuse

Approximately RM46.15 million came from copper-core low-voltage cables, while RM22.86 million was generated from aluminum-core cables. Strong copper prices benefit MTEC 😉

Posted by minizzizin > 1 month ago | Report Abuse

Highest quarterly profit ever and it will go higher & higher in Q3 and Q4

Posted by Farretwild > 1 month ago | Report Abuse

steady lah mtec, result is green, is time for rocket

Posted by AlphaAdventurer > 1 month ago | Report Abuse

Great, this stock has a tendency to capital appreciation and dividend income

Posted by HafizAjiad98 > 1 month ago | Report Abuse

keputsan q2 yg cemerlang dan ada bagi dividen juga. Pelaburan yg berbaloi

Posted by dangdang2020 > 1 month ago | Report Abuse

record breaking quarter but price barely move, tough time for the market

Posted by jjtamG > 1 month ago | Report Abuse

No problem, wait for breakout soon

Posted by jomvalueinvest2 > 1 month ago | Report Abuse

People are waiting for the outcome of the Jackson Hole meeting. Market will soar again after that if got good news

Posted by RayLee > 1 month ago | Report Abuse

Ya, even US there also slows down waiting for Jackson Hole symposium

https://www.thestar.com.my/business/2024/08/21/wall-st-ends-lower-ahead-of-jackson-hole-symposium

Posted by DoubtfulBsk > 1 month ago | Report Abuse

BUY MTEC 1.04, next resistance 1.12

Posted by rac3ginho > 1 month ago | Report Abuse

So far volume are low, more time accumulate more cheap tickets

Posted by Abram66 > 1 month ago | Report Abuse

I monitor 1st and wait for Powell's speech at Jackson Hole symposium 🙂

Posted by AlphaAdventurer > 1 month ago | Report Abuse

The company will focus on expanding its product portfolio and market reach, particularly in the manufacturing of medium-voltage power cables and export sales, has positioned it for sustained growth ahead

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Syarikat yg mantap. Pengumpulan sedang dijalankan 🙂

Posted by Abram66 > 1 month ago | Report Abuse

99.9% FED will cut interest rates in September and markets will experience a bull run

Posted by lawlite007 > 1 month ago | Report Abuse

wah bull run, MTEC 1.50 again?

Posted by minizzizin > 1 month ago | Report Abuse

Next cycle got chance, mtec will eye more market share expansion

Posted by Farretwild > 1 month ago | Report Abuse

mantap for sure, look at result... eventually price will follow up too

Posted by dangdang2020 > 1 month ago | Report Abuse

next move is moving to mainboard

Posted by RayLee > 1 month ago | Report Abuse

Global power cable market is expected to reach USD 284.76 billion by 2030. Bright future ahead for Master Tec

Posted by jomvalueinvest2 > 1 month ago | Report Abuse

Continue to collect before it transfers to main market 😎

Posted by jjtamG > 1 month ago | Report Abuse

buy MTEC 1.06 with increasing cable demand , 1.12 next resistance

Posted by GammaRay > 1 month ago | Report Abuse

Selangor Will Have 17 More Data Centres By Next Year With Development Cost Of RM52 Billion

https://www.businesstoday.com.my/2024/08/25/selangor-will-have-17-more-data-centres-by-next-year-with-development-cost-of-rm52-billion/

Posted by GammaRay > 1 month ago | Report Abuse

The demand for power cables will be very strong for sure

Posted by DoubtfulBsk > 1 month ago | Report Abuse

wah 17 data centre, too many lol! anyway Mtec surely will get a piece a cake from this

Posted by rac3ginho > 1 month ago | Report Abuse

More than enough, just buy cheap while u can

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Kumpul saja jika ada aliran tunai 🙂

Posted by lawlite007 > 1 month ago | Report Abuse

High demand for low-voltage power cables had contributed 94.73% of MTEC RM69 million revenue. Demand will get higher in 2H of 2024

Posted by RayLee > 1 month ago | Report Abuse

Revenue and PAT will surely increase in the next quarter

Posted by minizzizin > 1 month ago | Report Abuse

oversold so much recently, time for wakeup mtec!

Posted by Farretwild > 1 month ago | Report Abuse

1.20 is coming, steady so far

Posted by AlphaAdventurer > 1 month ago | Report Abuse

The global power cable market, according to Gen Consulting Company, is poised to grow at a substantial CAGR of 5.49% during the forecast period from 2020 to 2026

Posted by jomvalueinvest2 > 1 month ago | Report Abuse

Power cable demand in Malaysia is also strong due to the increase in the number of data centers

Posted by dangdang2020 > 4 weeks ago | Report Abuse

What happen? why move back up again, got news coming ?

Posted by GammaRay > 4 weeks ago | Report Abuse

Some investors have discovered the potential of MTEC and fund is flowing in