MINETECH RESOURCES BHD
KLSE (MYR): MINETEC (7219)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.145
Today's Change
0.00 (0.00%)
Day's Change
0.14 - 0.15
Trading Volume
5,996,700
News and Blogs
Discussions
19 people like this. Showing 50 of 17,550 comments
akan lebih banyak kejatuhan untuk mengusir perdagang kecil.saya nasihatkan kalian jika buka berjangka masa panjang lebih baik lepaskan .cl
4 days ago
Hold tight, time will come. Some taking profit for penny cents...biasalah. 2nd contract worth 16mil, not a big amount but still good enough and reflect abang izzarin continues effort to turn minetec into profitable company soon. Mark my words, more good news to come this year and next year..🚀🚀🚀🚀
4 days ago
Naysayers will keep on doing their job. They're paid to do so. I enjoyed reading their comments.😁😀.
3 days ago
Hahaha! I like this...
Yes "HOLD TETAP HOLD"
Salahuddin Ahmad
HOLD TETAP HOLD
3 days ago
I agree with @ Macgyver's opinion and belief that Izzarim will bring in good profit for the 1st QR under his new team of management.
3 days ago
Share Issuance Scheme means a scheme involving allotment and issuance or transfer of shares and/or grant of options, whether physically settled or otherwise, to subscribe for or purchase shares of the Company to eligible Directors, Officers and/or employees.
3 days ago
It's a good sign indeed...you can see clearly Abang effort to up lift the company performance. Hold tight.
3 days ago
The Proposed Granting of Options under the Share Issuance Scheme to the Directors and Persons connected to the Directors of a company refers to a plan where the company offers stock options to its directors and individuals who have a close relationship with the directors (such as family members, business associates, or others with a significant connection).
Here are some key points:
• Stock Options: These are rights given to directors and connected persons to buy shares of the company at a future date for a predetermined price, often referred to as the "exercise" or "strike" price.
• Purpose: This scheme aims to align the interests of directors and connected persons with those of the shareholders, incentivizing them to work towards increasing the company's share value.
• Approval: Such schemes typically require approval from the company's board of directors and, in many cases, the shareholders.
• Regulations: There are often strict regulatory guidelines and disclosure requirements to ensure transparency and prevent conflicts of interest or undue advantage.
• Terms and Conditions: The specific terms, such as the number of options, the exercise price, the vesting period, and any performance criteria, are usually detailed in the scheme's documentation.
• Disclosure: Companies are generally required to disclose details of these grants in their financial statements or annual reports, ensuring shareholders are informed of any potential dilution of their shares and the incentives provided to key personnel.
In summary, the Proposed Granting of Options under the Share Issuance Scheme is a strategic move to motivate directors and connected persons by providing them with the opportunity to benefit directly from the company's future success.
3 days ago
Ini confirm projek dah beratur punya, 16 million tu just for choki choki saja
3 days ago
I think Aiezatt Syamir (the last person that list under SIS) is either a direct family member or a close friend of Abang. He is the owner of an investment company, if I'm not wrong.
3 days ago
there must be good news to be announced soon or mega projects are coming one by one, otherwise, the Directors and persons closest to the Directors will not request for Options to buy shares of the company at future dates . Buy the shares now and hold them firmly for several months, I am confident we all will make some profit. 😂😂😂
3 days ago
Folks, the objectives of the Scheme :
(i) to drive and motivate the Eligible Persons to work towards achieving the Group’s goals & objectives
(ii) to reward the Eligible Persons in recognition of their contribution to the operations & continued
growth of the Group
(iii) to retain the Eligible Persons by giving them a sense of ownership, loyalty & belonging to the Group by enabling them to participate directly in the equity of the Company
(iv) to align the interests of the Eligible Persons with the interests of the Shareholders by providing an incentive for the Eligible Persons to participate in the future growth of the Group & motivating them towards achieving better performance
(v) provide a continuing incentive to the Eligible Persons without adversely affecting the cash flow of the Group
Folks, the Exercise Price of each new Share shall be determined by the SIS Committee & fixed based on the 5 day weighted average market price of the Shares, at the Date of Offer, with a discount of not more than 10%.
The Proposed SIS will not have an effect on the NA & gearing of the Group until such time when the SIS Options are granted and/or exercised.
Any potential effects on the NA & gearing of the Group from the Proposed SIS will depend on the number of SIS Options to be granted & exercised, & the Option Price.
There you go, folks!
3 days ago
Folks, probably Abg groups & proxies have been & still actively buying in the open market using "nibble strategy" as not to raise the price too high while maximizing other option such as SIS to acquire more shares as they are the only party who know the future potential growth for Aizo Group.
As I have mentioned before Minetech is in the accumulation phase, folks!
3 days ago
Pengyou, maybe you are right. I will continue to collect its daughter. Its sister let them enjoy. One day i will meet Emma in person.
3 days ago
With less sellers at the lower prices only then they will offer to buy at a slightly higher price.
Folks, with time on their side & once everything is in place, only then the good news are out in the market.
3 days ago
Pengyou, this share, stagnant or up for me it doesnt matter. Its better if it consolidate longer. This counter best represent Sarawak. Name also change to represent himself now relative also bring in. Naim2 in making. Zohari = Aizo.
3 days ago
Folks as per Bursa listing requirements for the Share Issuance Scheme, the total number of shares to be issued is not more than 15% (+-267,000,000) of its total number of issued shares & probably with a vesting period of 5 years to exercise the offer.
Once everything is in place to acquire more shares thru SIS at a 10% discounted based on the 5 day weighted average market price, only then a more positive announcements will surface thus creating value to the stakeholders, especially to the substantial majority shareholder & his proxies. 😀
As I have mentioned earlier time is on his side as he & his group have the knowledge of projects in the pipeline.
Once the date of SIS offer made known to Bursa, only then buying & selling transactions will be active in order to determine the 5 day weighted average market price.
The big question folks do you have money, patient & time for the AIZO to deliver as what Warren buffet said “the stock market is a device to transfer money from the impatient to the patient.” 😀
2 days ago
Yes that's true, 19 July. Sarawak took over Affin bank. Easy loan available for Minetech..why want to do right issue, share consolidation and etc etc. More good news rather than bad.
1 day ago
Banks, giving out loan need to follow sop.
Unless,...... Then waiting for the banks to collapse.
Then stock market how?
1 day ago
Another good news as Minetech currently working on Selinsing Gold Mine Project contract for a further 36 months, valued at RM230mil for waste removal, ore deliveries and associated works for open pit mining.
https://www.thevibes.com/articles/news/102645/indonesiakeen-to-work-with-sarawak-on-mining-metals-minerals
https://www.thevibes.com/articles/news/102645/indonesiakeen-to-work-with-sarawak-on-mining-metals-minerals
1 day ago
Wow! RM1.25 trillion worth of GOLD. Imagine if Minetech JV with Indon-company to harvest gold....kaya lor.
The Sarawak government had announced that it will carry out a full geological mapping of Sarawak in search of more precious minerals, after discovering about RM1.25 trillion worth of gold, rare earth, and other precious metals and mineral in 32% of the land that has been mapped.
1 day ago
Minetech 14.5 cents
If 16 cents breach again a must in july.
Then revisit the 20 cents range.
Stop loss 13 cents
7/7/24 6.34pm
18 hours ago
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
https://dividendguy67.blogspot.com
3
4
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
5
Good Articles to Share
6
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
7
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
8
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
RandomInvestor
Haters gonna hate🤣
4 days ago