MQ TECHNOLOGY BHD

KLSE (MYR): MQTECH (0070)

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Last Price

0.09

Today's Change

0.00 (0.00%)

Day's Change

0.09 - 0.095

Trading Volume

1,943,900

Overview

Market Cap

19 Million

NOSH

207 Million

Avg Volume (4 weeks)

1,608,280

4 Weeks Range

0.09 - 0.12

4 Weeks Price Volatility (%)

0.00%

52 Weeks Range

0.01 - 0.15

52 Weeks Price Volatility (%)

57.14%

Previous Close

0.09

Open

0.09

Bid

0.09 x 565,800

Ask

0.095 x 725,800

Day's Range

0.09 - 0.095

Trading Volume

1,943,900

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 | 29-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 28-Feb-2025

T4Q P/E | EY

-2.49 | -40.17%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.31 | 0.29

T4Q NP Margin | ROE

-106.06% | -11.69%

Market Buzz
Company Profile

Sector: TECHNOLOGY

Sector: TECHNOLOGY

Subsector: SEMICONDUCTORS

Subsector: SEMICONDUCTORS

Description:

MQ Technology Bhd is an investment holding company. Through its subsidiaries, it provides rapid tooling and prototyping division, which automates, design, develops and manufactures molds, tools, dies, jigs and fixtures used in the manufacture of hard disk drives, automotive and medical industries. The firm also design, development and manufactures advanced suspension tooling, progressive tooling, semiconductor cavity/encapsulation molds for application in hard disk drives and semiconductor industries and advanced automation modules, medical instrument systems and optoelectronics applications. Geographically the firm derives the majority of its revenue from the United States of America through Sale of goods.

Discussions
17 people like this. Showing 50 of 20,296 comments

cK1973

not yet consolidate ka????
wait....

2024-08-29 13:21

Vicky

Belum. Getting approval from me as shareholder on 9 Sept meeting first...

2024-08-30 11:46

cK1973

ok well noted....
better do it fast.....
10 to 1......

2024-09-02 16:50

Faiza

today egm approved
consol in a month time?

2024-09-09 14:39

cK1973

approved....
good sign......
waiting too long already....

2024-09-09 17:38

Vicky

Time to rocket to the moon....

2024-09-09 22:51

cK1973

no choice......
hv to consolidate......

2024-09-10 12:43

Vicky

Condolidation is a good news. Don't worry. Just like Technax after consolidated and go to the moon !

2024-09-13 15:40

Vicky

Remember Mqtech core business still HDD ya...complement data center and AI aound the world !

2024-09-13 15:41

cK1973

bila ni.....
still waiting ma....

2024-09-17 10:13

mingli841231

https://www.klsescreener.com/v2/news/view/1393055
Meanwhile, MQ Technology Bhd (KL:MQTECH) saw its executive director Terence Cheah Eu Lee dispose of more shares in the ACE Market-listed company. Cheah has sold a total of 25.5 million shares on the open market since May, the latest transaction being 7.5 million shares on Aug 28. This leaves him with a 0.96% stake, or 15.69 million shares, compared with 3.03% before.

MQ Technology produces moulds, tools, dies, jigs and fixtures used in the manufacturing of hard disk drives. The company narrowed its net loss to RM4.29 million for the nine months ended June 30, 2024, from a loss of RM8.47 million a year earlier. In July, it changed its financial year end to Feb 28 from Sept 30.

2024-09-17 17:56

cK1973

23th is the consolidation date...
after that we see whether it will fly like MMAG or not or drop like TECHNAX.....
stay tune guys....

2024-09-18 11:57

whistlebower99

Changes in Director's Interest (Section 219 of CA 2016) - MR TERENCE CHEAH EU LEE | https://www.klsescreener.com/v2/announcements/view/7915893

Director finally disposed all shares to open market

2024-09-18 18:21

Faiza

possible new directors comin on board to replace the one?

2024-09-18 18:51

cK1973

new to clean up first....
hopefully after consolidation, company can perform better....

2024-09-19 15:48

Faiza

the co that inject 150m will surely place few directors kan

2024-09-19 17:16

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 10 EXISTING SHARES IN MQ TECHNOLOGY BERHAD ("MQ TECH" OR "COMPANY") ("MQ TECH SHARE(S)" OR "SHARE(S)") INTO 1 MQ TECH SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

Ex-Date 23 Sep 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482145

https://www.klsescreener.com/v2/announcements/view/7809983

==============
Take note of share consolidation ex-date whereby your shareholding will be reduced by 10 times

Current NOSH = 1,635,549,531 will be reduced to 163,554,953

After completion of share consolidation exercise, directors will restart fund raising again via massive shares issuance to PP, ESOS, RI or asset acquisition

Retail shareholders holding at high prices will certainly incur huge losses due to the share consolidation

2024-09-20 11:34

fl888

Bought at 6cts last year….consolidation at 1.5cts…loose like hell…

2024-09-20 11:43

Mohd Qadri Abdul Rani

Same lor...big lost

2024-09-20 12:02

cK1973

@fl888 wait for consolidation first.....
currently nothing much we can do.....

2024-09-20 15:09

bullrun168

Walaoeh, what happend ?
Super damn hot man Mqtech today !
Now Mqtech was traded at @0.125 (+0.025) (+25 %)
Heng ah, Ong ah, Huat ah !

2024-09-23 10:30

fl888

Wahmmm…1cts jump to 12.5cts…biggest gainer ever in KLSE..hahaha..

2024-09-23 11:10

Vicky

Hello...supposed to be 0.15 as before consolidate is 0.015 x 10. So no big deal if 0.125. Too slow instead as one of the directors opt out before consolidate

2024-09-23 12:40

cK1973

what @Vicky mentioned is correct. Suppose after consolidation, they price must be 15c and not 12c.
Let's see in coming days, whether the price will be pushed above 20c or not....
Not very high hope but better than nothing la....

2024-09-23 13:54

fl888

Is Terence Chuah is buying back to be a minority or major shareholder ?

2024-09-23 15:07

Faiza

likely change in board, big investor surely want their people

2024-09-23 15:29

Wan Nee

Brewing...buy now

2024-09-23 16:06

bullrun168

Wow, Amazing !
Now Mqtech was traded at @0.14 (+0.04) (+40 %)
Heng ah, Ong ah, Huat ah !

4 days ago

Vicky

Again no big deal as it used to be 0.015 x 10 = 0.15 now. Unless it hits 0.4 then bravo !

2024-09-23 16:48

bullrun168

Wow, Fantastics !
Now Mqtech was traded at @0.15 (+0.05) (+50 %)
Heng ah, Ong ah, Huat ah !

2024-09-23 16:52

Vicky

Anyway if tomorrow sentimen is positive it will break 0.15 and trend higher

2024-09-23 16:57

Faiza

watch this bull

2 weeks ago

ncy810116

now is a lightweight counter.

2024-09-05 20:44

Nick

huat ar huat ar

2024-09-23 19:44

fl888

Big announcements coming…hopefully , likely related to China ventures

2 months ago

Vicky

Company like Mqtech full of potential. Their core business is in line with AI and data center. So share prices could trend higher

2024-09-06 11:39

fl888

DPM daughter is CEO of this company is a plus sign….

2 months ago

JusinKarl

Time to collect at 10

2 months ago

cK1973

looks like not going to sustain at 15....
touch n drop only....
might go below 10....
not easy this counter....
macam macam buaya ada ma....

2 months ago

whistlebower99

FOR NEWBIES

After share consolidation ex date on 23 Sep 2024,
NOSH reduced from 1,635,549,531 to 163,554,653

Retail shareholders bought at high prices (before share consolidation) incurred huge losses due to directors action.

Next step is for directors to restart fund raising activities again via massive shares issuance to PP, ESOS, RI or asset acquisition.

If directors cannot bring in profits from business operations, more fund raising will be carried out via massive shares issuance

Eventually, NOSH will exceed 1 BILLION shares again.

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition


2 months ago

cK1973

back to 10-12 range...
15 range non sustainable...
looking at 8-9c range next week...

2 months ago

cK1973

now range 8-9 looks possible...
stay tune guys...

2 months ago

cK1973

still waiting at 8-9 range....

2 months ago

cK1973

8-9 range will be the best....
hopefully will reach...

2 weeks ago

cK1973

still waiting at 8-9 range

1 month ago

cK1973

still waiting .....

2 weeks ago

acnca84

.........................................

1 month ago

fl888

Bonds conversion at 10cts….who is buying at 12cts….make 2cts every round of Tranche 1, 2, & 3..insidens make

1 month ago

cK1973

still waiting at 8-9 range

2 weeks ago

Vicky

As long as this company make profits they are in the right track.

1 week ago

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