MNC (0103) - MNC & MNC WA - DFTZ beneficiary...
MNC will be setting up wireless platform in Digital Free Trade Zone (DFTZ) from yesterday bursa annoucement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5394885
The Board of Directors of the Company wishes to announce that the Company had on 12 April 2017, entered into a Memorandum of Understanding (“MOU”) with M3 Technologies (Asia) Bhd (Company No. 482772-D) ("M3 Tech"), for the purpose of collaborating with M3 Tech for the development of an inclusive e-commerce platform with integrated payment gateway solutions and end-to- end logistics support, to operate in the Malaysia Digital Free Trade Zone (DFTZ).
M3 Tech was incorporated in Malaysia on 6 May 1999 and its a specialized mobile value added services (VAS) provider with hardware capabilities, and listed on the Ace Market of Bursa Malaysia Securities Berhad, since 2003 with offices in Malaysia, Thailand, Singapore, China, Indonesia, Hong Kong and Pakistan as a leading mobile content provider, covering a wide range of consumer, enterprise and partnership products and services. Its business encompasses a wide range of mobile solutions and platforms catering to all channels of its business, from Business-to-Business to Business-to-Consumer, supported by hardware capabilities, providing a seamless experience across the whole value chain.
Let look at d chart.
banker volume(red bar) building up...and breakout (green line cross above purple line)...a new uptrend just begin. it also confirmed by the golden breakout with short term ema breakout 50ema.
From wave count, MNC major wave 2 bottom out Aug 2010 and is now rocket wave 3 with 5th wave target to hit at least 0.50.
From the arc (green line circle), px has confirmed breakout from d major resistance cycle.
BB is expanding with huge accumulation showing that the braekout is supported by big volume
Did u belif chart pattern repeat by itself? Lt chk on the few superstar b4 rocket launching....puc, cuscapi, vis, anzo
On FA, MNC is a net cash company. Cash Balance 24m and borrowing
2.4m..cash per share of 6c..Last 2Q both revenue and net profit up by
43% and 98%.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0103
Hu
liyang always said...history repeat by itself, where u come eventually
where u go...as long as u r still there...after 2008/09 low..so many
previous 2nd Board counters shoot past the 1996 high..some still surging
higher and higher...Many Ace Board counter
shares price tumble to hit back almost historical low...the trend is
beginning to change...u will c one by one climbing up...may be till u
cant belif in the next few yrs..MNC (0103) - MNC & MNC WA - DFTZ beneficiary...
http://klse.i3investor.com/blogs/MNC/120552.jsp
