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MQTECH is going to have capital reduction 11 shares into 1 share.
look at the accumulated losses in the company report.
this going to be very very bad.
you guys should read their Annual report before buying a shares..figures cannot lie. It can be downloaded in bursa website. DO NOT buy shares by looking at the comment or advices here. The recent AR really shows that the company is going to bankrupt soon. Or else you guy can ask some brooker. They sure will say this kind of practice is because the director wanna help the company staffs to get rid of their share option hold and helping the directors to get rid of their shares before the are closing down..Guys faster sell your shares..dun wait!!
Hi Alice, I do not know what fake account you were saying. Btw did you read their recent annual report to see whether they are financial healthy??? Did you do your homework young girl?
guys... no offense on you all investment but have to be realistic and come back to the real world instead of staying in virtual reality world. fundamental is telling you the company performance that worth to invest or not. you guys is trusted on the nonsense news is not wrong cause it can goreng. Since you know is goreng stock have to FIFO. imagine a company worth 30mil++ market cap and not even have 2mil cash flow in bank, how they do the acquisition?
do trust me that this kind of news and company can easily put you in the president suite for few year. why i know .. cause i go through this kind of situation for few year back when i know nothing about stock investment. when few cent i straight buy few hundred or thousand lot. but was trap and force to cut loss. cause i always trusted on nonsense news unfortunately is assist the boss escape with better price to sell off his share
what is your expectations or return on your investment to a continuously loss making company ? share price up or declare deviden to you ? once the company loss until insufficient fund then will call for right issue to get the money from investor. now have very good example and reference for you to study, look at vsolar. do you think smart investor have interest with they right issue? cause you are giving you hard earn money to director to burn and enjoy his life
just imagine the right issue to gather money to cover their company hole with all time loss making. although loss making company, the director still take few hundred thousand director fee annually. the director fee is your money man. are you willing let this kind of director to burn your hard earn money just like that?
