|
Post by zuolun on Oct 24, 2014 12:45:01 GMT 7
|
|
|
MTQ
Nov 7, 2014 7:06:44 GMT 7
oldman likes this
Post by zuolun on Nov 7, 2014 7:06:44 GMT 7
MTQ: Reports S$6.4 million 2QFY2015 Pre-Tax ProfitHigher revenue and gross profit recorded for 2QFY2015. Gross profit margin declined from 36.9% to 32.8% mainly due to product mix within the Oilfield Engineering business in Singapore. First profitable quarter recorded in Bahrain offset by lower profits from Singapore and operating loss for Binder Group. — 30 Oct 2014
|
|
|
MTQ
Nov 13, 2014 12:22:09 GMT 7
oldman likes this
Post by zuolun on Nov 13, 2014 12:22:09 GMT 7
MTQ — A "Waterfall Decline" chart pattern with 5 waves down, Interim TP S$0.94MTQ had a black marubozu @ S$1.185 (-0.03, -2.5%) with extremely thin volume done at 16 lots on 13 Nov 2014 at 1.15pm. Immediate support @ S$1.12, immediate resistance @ S$1.21. John Templeton said “The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell"...."It makes sense that when most investors are bullish, asset valuations would be high, because everyone has already bought. The opposite is also true. When most investors are bearish, asset valuations are low, because everyone has already sold." “机会总在绝望中诞生,在质疑中成长,在希望中成熟,在疯狂中死亡。” — 邓普顿MTQ (Apr 2005 to 31 July 2014) — A flying dragon
|
|
|
Post by zuolun on Jan 31, 2015 9:15:10 GMT 7
MTQ’s 3Q earnings fall 66% on lower contribution from Singapore businessBy Gho Chee Yuan January 30, 2015 SINGAPORE: MTQ Coporation said earnings were down 66% for the 3Q15 ended Dec 31, 2014 to $2.2 million or 1.43 cents a share against $6.4 million or 4.22 cents a year ago. The group told SGX this evening that the lower earnings for the quarter was due to lower gross profit and margins recorded in the Oilfield Engineering business in Singapore and the inclusion of Binder's losses. Quarterly revenue declined marginally to $74.9 million versus 3QFY14's $75.14 million. However, the group said both Bahrain and Neptune recorded higher revenues and gross profits. "Lower sales activities were recorded in all the Singapore businesses reflecting the impact of weaker market conditions. Notwithstanding the additional costs arising from the inclusion of Binder's results, overall operating costs as a percentage of revenue remained comparable to 3QFY2014," it explained. While Bahrain maintained its momentum and delivered a stronger quarter, Neptune recorded higher operating expenses for the quarter which lowered its overall contributions, the group said. The group maintained a strong financial position with higher cash balances and lower net debt gearing as at Dec 31, 2014. Cash flows from operations of $20.7 million for 9MFY15 boosted the group's cash balances to $44.0 million as at Dec 31, 2014 after further investments in the businesses, dividend payment and net repayment of borrowings which resulted in lowered the net debt gearing from 16.8% to 10.8%. Kuah Boon Wee, Group Chief Executive Officer, expects the operating environment to remain subdued for the foreseeable future. "Most of our customers are looking to reduce exploration expenditure and we are focused on capturing all available market opportunities. We will continue to watch our cost base with the imminent Neptune rationalisation an important part of that objective. "The group is in strong financial shape with low gearing. We are well positioned to remain strong through current troughs and to look forward to the inevitable recovery," he added. MTQ closed unchanged at $1.025, giving it a market capitalisation of $157.66 million. MTQ — A "Waterfall Decline" chart pattern with 5 waves down, Interim TP S$0.94MTQ had a black marubozu @ S$1.185 (-0.03, -2.5%) with extremely thin volume done at 16 lots on 13 Nov 2014 at 1.15pm. Immediate support @ S$1.12, immediate resistance @ S$1.21. MTQ (Apr 2005 to 31 July 2014) — A flying dragon
|
|
|
Post by zuolun on Feb 2, 2015 14:21:32 GMT 7
|
|
|
Post by zuolun on Mar 26, 2015 15:30:51 GMT 7
|
|
|
Post by zuolun on Apr 2, 2015 11:56:53 GMT 7
MTQ: Profit Guidance ~ 27 Mar 2015 MTQ ~ A "Waterfall Decline" chart pattern with 5-Wave down, interim TP S$0.60, next TP S$0.48MTQ had a black marubozu S$0.77 (-0.02, -2.5%) with extremely thin volume done at 106,000 shares on 2 Apr 2015 at 12.50pm. Immediate support @ S$0.71, immediate resistance @ S$0.82. MTQ (weekly) ~ Trading in a downward sloping channel, biased to the downside MTQ (monthly) — (Apr 2005 to 31 July 2014)
|
|
|
MTQ
May 13, 2015 8:25:06 GMT 7
odie likes this
Post by zuolun on May 13, 2015 8:25:06 GMT 7
|
|
|
MTQ
May 13, 2015 17:18:27 GMT 7
Post by westerndidi on May 13, 2015 17:18:27 GMT 7
|
|
|
MTQ
Jun 26, 2015 17:10:39 GMT 7
odie likes this
Post by zuolun on Jun 26, 2015 17:10:39 GMT 7
MTQ's share price will collapse or become much cheaper as the extremely strong uptrend (Apr 2005 to 31 July 2014) is broken convincingly. It's trending on a confirmed downtrend, after breaking below the 200d SMA. In short, it means Cheng Kay Run Road liao... MTQ ~ A "Waterfall Decline" chart pattern with 5-Wave down, interim TP S$0.60, next TP S$0.48MTQ closed with an inverted hammer @ S$0.74 (-0.01, -1.3%) with extremely thin volume done at 23,500 shares on 26 Jun 2015. Immediate support @ S$0.71, immediate resistance @ S$0.76.
|
|
|
Post by zuolun on Aug 5, 2015 14:18:03 GMT 7
Note:When companies could not boost their share price thru healthy sustainable earnings/economic growth and innovations...instead boost their share price thru share buybacks, bonus issues, rights issue, stock consolidations/splits, warrants issue, etc...these are creative deals which do not have fundamental value or basis = strong signal that the share price may be due for a steep decline. MTQ and SuperGroup have similar characteristics; a break below the one dollar mark will be a penny stock in the making... MTQ's S$0.02 dividend payment ex-date on 5 Aug 2015 ~ 4 Aug 2015 MTQ sinks into the red in 1Q with $2.3 mil net loss ~ 28 July 2015 MTQ ~ A "Waterfall Decline" chart pattern with 5-Wave down, interim TP S$0.48, next TP S$0.43MTQ had a black marubozu and traded @ S$0.55 (-0.045, -7.6%) with extremely thin volume done at 18,300 shares on 5 Aug 2015 at 1445 hrs. Immediate support @ S$0.515, immediate resistance @ S$0.60.
|
|
|
Post by zuolun on Oct 31, 2015 13:49:46 GMT 7
MTQ goes into the red for Q2 with a net loss of S$501,000 ~ 29 Oct 2015 MTQ sinks into the red in 1Q with $2.3 mil net loss ~ 28 July 2015 MTQ ~ A "Waterfall Decline", expect a retest of the last record low of S$0.43, next TP S$0.275MTQ closed unchanged @ S$0.56 with extremely thin volume done at 8,700 shares on 30 Oct 2015. Immediate support @ S$0.53, immediate resistance @ S$0.585. In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.MTQ: Learning from my unforced errors in investing ~ 23 Oct 2015 The GamblerOn a warm summer's evenin' on a train bound for nowhere, I met up with the gambler; we were both too tired to sleep. So we took turns a starin' out the window at the darkness 'Til boredom overtook us, and he began to speak. He said, "Son, I've made my life out of readin' people's faces, And knowin' what their cards were by the way they held their eyes. So if you don't mind my sayin', I can see you're out of aces. For a taste of your whiskey I'll give you some advice." So I handed him my bottle and he drank down my last swallow. Then he bummed a cigarette and asked me for a light. And the night got deathly quiet, and his face lost all expression. Said, "If you're gonna play the game, boy, ya gotta learn to play it right. You got to know when to hold 'em, know when to fold 'em, Know when to walk away and know when to run. You never count your money when you're sittin' at the table. There'll be time enough for countin' when the dealin's done. Now Ev'ry gambler knows that the secret to survivin' Is knowin' what to throw away and knowing what to keep. 'Cause ev'ry hand's a winner and ev'ry hand's a loser, And the best that you can hope for is to die in your sleep." So when he'd finished speakin', he turned back towards the window, Crushed out his cigarette and faded off to sleep. And somewhere in the darkness the gambler, he broke even. But in his final words I found an ace that I could keep. You got to know when to hold 'em, know when to fold 'em, Know when to walk away and know when to run. You never count your money when you're sittin' at the table. There'll be time enough for countin' when the dealin's done. Chrousx3 Chartwise, MTQ has the same chart pattern as SuperGroup: "Game over" after the last burst of fire MTQ (monthly) — Apr 2005 to 31 July 2014SuperGroup — Mar 2009 to Aug 2013
|
|