MTQ Corporation

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MTQ Corporation Limited Announces Unaudited Group Earnings Results for the Fourth Quarter and Year Ended March 31, 2016; Announces Impairments of Goodwill, Intangible Assets and Fixed Assets for the Fourth Quarter Ended March 31, 2016

NO dividends..... Tongue
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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3 years of bull, 7 years of drought.... true indeed! Big Grin Big Grin Big Grin
in slow-burn situation now... waiting for next upturn.....
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
Took time-off today to go MTQ's AGM @ Charlton, Big Grin Coffee and carrot cake not so bad! Big Grin Big Grin

Chairman Quah's Key's message,

Key points:
1) Short Term = All downside, no upside
2) Focus on costs, no intention to expand
3) Have to keep cash, no dividends, not sure how long this downturn will last....

Continue to monitor Q by Q, Smile

Guess some investors offloaded some at 43cts today after the AGM... Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
(29-07-2016, 09:17 PM)brattzz Wrote: Took time-off today to go MTQ's AGM @ Charlton, Big Grin Coffee and carrot cake not so bad! Big Grin Big Grin

Chairman Quah's Key's message,

Key points:
1) Short Term = All downside, no upside
2) Focus on costs, no intention to expand
3) Have to keep cash, no dividends, not sure how long this downturn will last....

Continue to monitor Q by Q, Smile

Guess some investors offloaded some at 43cts today after the AGM... Big Grin

I think this approach is much better than borrow a ton and continue to bid for "Poor Quality" projects that are mega in size and numbers.

Just my Diary
corylogics.blogspot.com/


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I observed how the junior and senior kuah reacted and behaved. I thought I like the senior Kuah more.
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(30-07-2016, 06:30 AM)pianist Wrote: I observed how the junior and senior kuah reacted and behaved. I thought I like the senior Kuah more.

definately, Smile

Chairman Quah is more steady lah, :Big Grin  though he has quite a TEMPER too! Tongue  

CEO Quah, got fire in his belly, and quite direct, if u stay back for the carrot cake, he was communicating in a relaxed mode, quite openly.... Big Grin

Got 1 new shareholder asked what's the SWOT of MTQ....which maybe can a good chatting topic during the tea-break instead... Tongue
maybe it's better to know what the co. is doing, Big Grin before buying the shares.... 

The accountant's question+tone of questioning, "off balance book financing"... haha! :Tongue  clash of the titans...!!

Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
Senior kuah is more sincere. Junior kuah been playing with his hp almost throughout the agm and the way he replied, as if coming out from those textbook model answer.
Reply
a lot of things cannot say officially during the AGM... but tea-break can say... Tongue
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
trending downwards 40cts and below soon, hunker-down for this little biz, stay updated.. Smile
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
They cut the pay of the senior management by 20-40%. The CEO took the biggest cut.

Bro Brattzz, did you estimate how many quarters can they last, before you estimate they need to do rights issue? The balance sheet still much more solid than the others... but they got no other stable business unlike keppel property or sembcorp utilities stable biz.
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