Highlights
KLSE: MINETEC (7219)       MINETECH RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.20   -0.005 (2.44%)  0.20 - 0.20  111,300
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Overview

Market Cap: 233 Million
NOSH: 1,166 Million
Avg Volume (4 weeks):16,888,641
4 Weeks Range:0.20 - 0.235
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.15 - 0.355
52 Weeks Price Volatility (%):
24.39%
Average Price Target: 0.14
Price Target Upside/Downside: -0.06

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2020 [#3]  |  24-Feb-2021
Next QR | Est. Ann. Date: 31-Mar-2021  |  30-Jun-2021
T4Q P/E | EY: -14.91  |  -6.71%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.08  |  2.50
T4Q NP Margin | ROE: -20.86%  |  -16.77%

Headlines

Date Subject
04-May-2021 PublicInvest Research Headlines - 4 May 2021
04-May-2021 Mplus Market Pulse - 4 May 2021
13-Apr-2021 Trading Stocks - Minetech Resources
12-Mar-2021 PublicInvest Research Headlines - 12 Mar 2021
12-Mar-2021 Mplus Market Pulse - 12 Mar 2021
04-Mar-2021 Mplus Market Pulse - 4 Mar 2021
04-Mar-2021 PublicInvest Research Headlines - 4 Mar 2021
01-Mar-2021 Minetec - Potential DNex like turnaround?
23-Nov-2020 Trading Stocks - Minetech Resources
12-Nov-2020 Technical Buy- MINETEC (7219)
11-Nov-2020 PublicInvest Research Headlines - 11 Nov 2020
11-Nov-2020 Mplus Market Pulse - 11 Nov 2020
05-Nov-2020 Mplus Market Pulse - Finding stability
28-Oct-2020 Mplus Market Pulse - 28 Oct 2020
28-Oct-2020 Daily Highlights - 28 October 2020
06-Aug-2020 Trading Stocks - Minetech Resources
08-Jul-2020 MINETEC - Technical Outlook [8/7/2020]
02-Jul-2020 Trading Stocks - Minetech Resources
29-Jun-2020 PublicInvest Research Headlines - 29 Jun 2020
15-Jun-2020 Evening Market Summary - 15 Jun 2020

Business Background

Minetech Resources Bhd is a Malaysia based company primarily engaged in the production of quarry products, civil engineering works, production of asphalt premix products and production of bituminous products. The products produced by the company are sold to developers or contractors in the property development or construction sectors. Majority of the revenue is generated from the Quarry products segment. Quarry products division includes extraction and the sale of granite quarry products. It offers civil and property construction services, such as blasting, roads and drainage, earthworks, and water reticulation and sewerage. The company’s quarries and premix manufacturing facilities are all located in Malaysia.
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  12 people like this.
 
UnclePho Post removed. Why?
04/05/2021 10:35 PM
farisfx54 Saya da kata psychopath.
04/05/2021 11:19 PM
vincent Minetech Resources Berhad - Letter of Intent from Bumimaju MTE Engineering Sdn Bhd for the Appointment of Minetech Construction Sdn Bhd, a wholly-owned subsidiary of the Company as a Contractor to Undertake Civil Works related to Pipeline Laying Project in Hulu Grik, Perak Darul Ridzuan


Award Project :22 April 2020.
The Project is expected to take approximately 12 months from the date of securing the site, whilst the terms and conditions of the Project is to be finalized within 6 months time.
Financial Effects :The Project is expected to contribute positively earnings FY 2021.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3045444
05/05/2021 11:50 AM
vincent Minetech Resources Berhad - Letter of Award from Mutual Premium Sdn Bhd to Minetech Construction Sdn Bhd, a wholly-owned subsidiary of the Company for the Execution and Completion of subcontract works in accordance to the Contract Drawings, Bill of Quantities and Specifications (including remedying of defects, if any) for "Pembinaan Sekolah Baharu 36 Bilik Darjah dan Lain-lain Kemudahan di SMK Pelangi Perdana, Parit Buntar, Perak Darul Ridzuan"

Award Project : 15 May 2020
contract value : 30.395 million
The Project will be commencing on 1 June 2020 and is expected to complete by 13 February 2021.
Financial Effects : The Project is expected to contribute positively earnings for FY 2021.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3050590
05/05/2021 11:51 AM
vincent Minetech Resources Berhad - Letter of Award from ARNN Technologies Sdn Bhd to Techmile Resources Sdn Bhd, a wholly-owned subsidiary of the Company for project "Merekabentuk, membangun, membekal, memasang, mengkonfigurasi, menguji dan mentauliah Pusat Data Bersepadu"


Award Project : 27 October 2020.
contract value : 37.462 million
The Works will commence upon acceptance of the service order and is expected to be completed within 24 months .
Financial Effects : The Project is expected to contribute positively earnings for FY 2021 and FY 2022.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3100030
05/05/2021 11:52 AM
vincent Letter of Offer from K.H. Communication Sdn Bhd to Konsep Khas Sdn Bhd, an associate company of Minetech for the Sub-contract works for the Provision of Construction Services for the Supply, Delivery and Installation of Traffic Signs and Overhead Signboards for Development and Upgrading of Pan Borneo Highway in Sarawak - Phase 1 (Project) for Serian, Sri Aman, Bintulu and Miri Stretches

Award Project : 10 November 2020
contract value : 15.04 million
The Project is expected to start effective from 2 November 2020 which shall take approximately 12 months from the date of commencement, and the Project shall be completed on 1 November 2021.
Financial Effects : The Project is expected to contribute positively earnings for FY 2021 .
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3103994
05/05/2021 11:53 AM
vincent Andeli Solar is the main contractor for the Project appointed by Coral Power Sdn. Bhd owned subsidiary of Minetech Resources Berhad. OVE is engaged by Andeli Solar as the domestic sub-contractor to undertake the off-shore and on-shore works, which include EPCC and maintenance for the solar photovoltaic system under the Project. The project site is located at PT 18535, Persiaran Segari, Mukim Pengkalan Baharu, Daerah Manjung, Negeri Perak Darul Ridzuan.

Appointment subcontractor :4 November 2020.
EPCC development 10 MW Large Scale Solar Farm in Manjung Perak. (floating pond solar farm )
The work programme duration for the Project is expected to be 120 days from the commencement date.
PPA with TNB : 21 years
Financial Effects : The 10 MW SOLAR FARM is expected to start contribute earnings for FY 2021.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3102702
05/05/2021 11:54 AM
vincent Minetech has successfully registered itself as a Registered Solar PV Investor with Sustainable Energy Development Authority Malaysia (“SEDA”) under the Net-Energy Metering Programme (NEM 3.0). The implementation of NEM 3.0 programme was introduced by the Energy and Natural Resources Ministry (KeTSA) offer a quota of 500 megawatts (MW) from 2021 to 2023, which aims to encourage the growth of renewable energy, provide an opportunity for more users such as government agencies, houses of worship, as well as companies to install the solar photovoltaic (PV) systems on the roofs of their respective buildings.
Minetech is now allowed by SEDA to sell electricity via Renewable Power Purchase Agreement (REPPA) under the NEM 3.0 programme to government agencies, businesses, and individuals.
Transformation into renewable energy sector will complement Minetech business growth in the solar market, this will subsequently diversify our income sources. With Malaysia’s Government goals to increase energy sector has a promising prospect in the long run.”

3 March 2021 The registration is under The Net-Energy Metering Programme 3.0 By Sustainable Energy Development Authority Malaysia .
Offer a quota : 500 MW from 2021 to 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3135525
05/05/2021 11:55 AM
vincent Minetech Resources Berhad had today sealed an agreement with Uniqa (M) Sdn Bhd
Uniqa for the record is a fintech solutions provider in Malaysia specialising in a suite of
payment solutions. Its system is currently being used by local banks in Malaysia, focusing mainly
on cross-border remittance payments.
At present Uniqa is an approved system provider under section 40 of Bank Negara Malaysia’s
(BNM) Money Service Business Act (MBSA) 2011. Uniqa currently has two local banks using its
remittance system and is also working closely with its local partner bank to establish partnerships
with a number of overseas banks in Indonesia, China, and the Philippines, as well as in the
Middle East and Europe.

Seals Agreement to Acquire : 12 Mar 2021
Financial Effects : The Uniqa is expected to contribute positively earnings for FY 2021
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3138487
05/05/2021 11:57 AM
vincent Minetech inks 3 year agreement for services to selinsing gold mine .

Award Project : 11 March 2021
contract worth : 70 million
Financial Effects : The selinsing gold mine work is expected to contribute positively earnings for FY 2021, FY 2022 and FY2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3138072
05/05/2021 11:58 AM
vincent Minetech secures project for the contructions of the sarawak ialamic skills institute

Award Project : 3 May 2021
contract worth : 33 million
The construction of Phase 2 of the Sarawak Islamic Skills Institute is part of Surat Setuju
Terima (SST) of seven projects worth RM528 million.
Financial Effects : The project is expected to contribute positively earnings for FY 2022.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3154188
05/05/2021 11:59 AM
maimunah 10mw solar farm every year can contributions how many earning ?
05/05/2021 12:05 PM
tizzyt you can reference cypark they also 10mw RE every year contribution earning around 10 mil to 20 mil
05/05/2021 12:24 PM
UnclePho Post removed. Why?
05/05/2021 12:36 PM
strattegist hohoho
05/05/2021 1:20 PM
Forcepre7238 Pho pho pho
05/05/2021 1:38 PM
DreamHunter ha ha ha
05/05/2021 1:38 PM
DreamHunter not go go go kah
05/05/2021 1:39 PM
nickyeo55 hahaha some of the crazy writer here , if u r employ to write n paste old news only , this co sure cannot have a very good future. WHY ? THE QUALITY of the writer will reflect the ability of the person paying unnecessary to all of u. Hopefully is not this co BOSS., Hopefully all of u is just busy body writer who want the co to die faster. OR Is it because the boss wanted to make people fade up with the co so that he can collect cheap while others throwing ?
HAHAHA Hopefully with crazy writer around this counter also can shoot up like CRAZY LA.
05/05/2021 2:26 PM
strattegist hohoho
05/05/2021 3:05 PM
UnclePho Post removed. Why?
05/05/2021 5:35 PM
farisfx54 Psychopath tukar nama je same story marry go round the maoribush.
05/05/2021 9:11 PM
strattegist bawang
06/05/2021 5:29 PM
foggyt Post removed. Why?
07/05/2021 8:16 PM
whistlebower99 Post removed. Why?
10/05/2021 9:56 AM
UnclePho Post removed. Why?
10/05/2021 7:18 PM
UnclePho Post removed. Why?
10/05/2021 7:22 PM
farid Letter of Award from ARNN Technologies to Minetech contractor to undertake the contract works for Data Centers at a contract value of RM 37.46 million
11/05/2021 9:15 AM
farid Minetech has won an RM30.4 million subcontract to build a new secondary school in Parit Buntar Perak.The job to build the 36-classroom SMK Pelangi Perdana work.
11/05/2021 9:15 AM
farid Minetech has won RM15 million for the Sub-contract works for the Provision of Construction Services for the Supply, Delivery and Installation of Traffic Signs and Overhead Signboards for Development and Upgrading of Pan Borneo Highway in Sarawak . Phase 1 Project for Serian, Sri Aman, Bintulu and Miri .
11/05/2021 9:15 AM
farid Minetech recently signed 3 year of the agreement the contract for waste removal, ore delivery and associated works for open-pit mining at Selinsing Gold Mine Project .The project worth approximately RM70 million for the three years to 2023.
11/05/2021 9:15 AM
farid Minetech secured 33.69 million contract to undertake construction work development of the Sarawak Islamic Skills Institute.
11/05/2021 9:16 AM
farid Minetech have build a large-scale solar photovoltaic (PV) plant of 10MW capacity in Manjung Perak
11/05/2021 9:16 AM
farid Allianz Acquired Minetech 49,542,000 shares
11/05/2021 9:16 AM
farid Minetech business Manufacturing Quarry + Constructions EPCC
11/05/2021 9:40 AM
farid MINETECH diversification into Technology , RE and O&G
11/05/2021 9:41 AM
AD40 Minetech signs 21-year PPA with TNB .Minetech owned subsidiary has signed a 21 year power purchase agreement (PPA) with TNB. Coral Power SB signed the PPA for the generation and
sale of solar photovoltaic (PV) energy to TNB grid system at PPU Pantai Remis. The project will be done from its solar PV energy generating facility to be located in Manjung, Perak which has a capacity of 10 MW.
11/05/2021 10:40 AM
strattegist hohoho
11/05/2021 7:09 PM
UnclePho Holy mother these writers of Minetech
11/05/2021 10:01 PM
Ron90 Post removed. Why?
12/05/2021 12:49 AM
farid Uniqa main focus for the past 8 years was providing a full remittance solution to the local banks.Uniqa helps banks to develop the remittance products, remittance system and link local banks to the top overseas correspondents’ partners across the world. Uniqa’s remittance systems have been registered and approved by Bank Negara Malaysia . Based on BNM’s letter dated 25 June 2015, Uniqa’s operation falls under the definition of remittance under the Money Service Business Act 2011 and approval has been granted to the licensee to use Uniqa’s system
12/05/2021 9:39 AM
farid Uniqa System End-to-end remittance solution caters for outbound & inbound, Robust & Scalable System ,Real-time & secured transaction ,Open platform system with shorter development duration for licensee to use the system, Dashboard accessibility for monitoring, reporting and AML control, API ready with wide coverage of 14 countries, Bank will have a full control on the reporting system, pricing and mode of payments .
12/05/2021 9:40 AM
farid Uniqa a remittance partnership with Hong Leong Bank Berhad and Bank Simpanan Nasional as remittance system provider. As of today, Uniqa’s System has been used in over 700 branches of the banks throughout Malaysia. The channels will further extend to internet banking, retail agent and mobile unit in the near future.
12/05/2021 9:40 AM
farid Barclays Capital Ltd Acquired Minetech 7,361,700 shares
12/05/2021 9:40 AM
farid 15 Apr 2021 DATO AWANG DAUD Acquired MINETEC 1,500,000
14 Apr 2021 DATO AWANG DAUD Acquired MINETEC 2,950,000
13 Apr 2021 DATO AWANG DAUD Acquired MINETEC 1,753,300
9 Apr 2021 DATO AWANG DAUD Acquired MINETEC 1,830,000
8 Apr 2021 DATO AWANG DAUD Acquired MINETEC 2,900,000
7 Apr 2021 DATO AWANG DAUD Acquired MINETEC 2,800,000
12/05/2021 9:41 AM
UnclePho @farid, Allianz already sold the unit? Not anymore mentioning them it seems
12/05/2021 9:50 AM
richardlam https://www.bursamarketplace.com/mkt/themarket/stock/MNTH/ownership
12/05/2021 10:06 AM
strattegist hohoho
12/05/2021 10:35 AM
UnclePho @richardlam, latest filing for Allianz was July-2020. Anyway, annual report is out soon. We will see
12/05/2021 11:34 AM
Aizudeen Zakaria if price drop 0.19-0.195, will enter again.... unlikely to drop till pp price 0.175... if price go up will watch only... i think this shares too diluted... lots of people stuck at 0.24 above... good luck guys
14/05/2021 6:00 AM


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