MELEWAR
Melewar Industrial Group Berhad
Company Background
Titan Trading Notes For Friday [16/5/2025]:
KLCI retraced back towards the 1573 points region today with an overall mixed market sentiment as we saw over 620 counters closing red for the day. Daily trading volume also settled around the 3.7 billion mark, which is just average here.
Main stocks that showed strong buying momentum would be the likes of REACHTEN, CMSB, IWCITY, CLITE, MAGMA, DIALOG, AEMULUS, HAWK, and GREATEC. All of which were able to sustain their rallies throughout the day despite the mixed market sentiment.
REACHTEN was definitely one of the star performers today as it broke out from its RM 0.575 all time high levels and rallied all the way towards the RM 0.60 regions with huge volume and buying momentum, forming a new all time high here.
So far looking quite strong and as long as able to hold above its RM 0.57+ support, could continue on towards and beyond its RM 0.60+ levels for a bullish continuation pattern in the coming weeks.
Will be monitoring REACHTEN closely.
$MELEWAR / 3778 (MELEWAR INDUSTRIAL GROUP BERHAD) since its earlier breakout towards the RM 0.24 regions, been able to hold around here over the past few trading days here despite the shaky market sentiment with relatively low selling pressure on the daily chart.
So far looking quite strong here and as long as able to hold above its RM 0.23+ support, could continue on towards and beyond its RM 0.26+ major resistance levels in the coming weeks for an uptrend continuation pattern.
Will be monitoring MELEWAR closely.
Titan Trading Notes For Thursday [15/5/2025]:
KLCI had a slight rebound back towards the 1583 points region with an overall positive market sentiment here. Daily trading volume also saw a decent surge back towards the 4.2 billion mark, which is a good sign as foreign funds seem to be buying back heavily.
Main stocks that showed strong buying momentum would be the likes of SFPTECH, NOTION, NATGATE, GENETEC, VELESTO, NEXG, JCY, SNS, DNEX, HM, GREATEC, RTECH, UEMS, DIALOG, MAGMA, OPPSTAR, MNHLDG, and SCGBHD. All of which were able to sustain their rallies throughout the day on the top volumes list.
$NOTION / 0083 (NOTION VTEC BERHAD) was definitely one of the star performers of the day as it broke out strong from its RM 0.735+ major resistance and rallied all the way towards the RM 0.76+ regions with huge volume and buying momentum.
For now, it's looking quite strong here and if able to sustain above its RM 0.735+ support, could continue on towards and beyond its RM 0.835+ major resistance levels soon in the coming weeks for a further rebound.
Will be monitoring NOTION closely.
$KRONO / 0176 (KRONOLOGI ASIA BERHAD) although faced some selling pressure while breaking out towards the RM 0.285 regions from the day before, was able to breakout back towards the RM 0.27+ regions today with good volume and buying momentum.
If able to keep this up, could be breaking out from its RM 0.285+ major resistance levels soon and test its RM 0.30+ regions in the coming week here for an uptrend continuation pattern.
Will be monitoring KRONO closely
$MELEWAR / 3778 (MELEWAR INDUSTRIAL GROUP BERHAD) since breaking out towards the RM 0.24 regions with huge volume from the day before, took a little selling pressure but was still able to close back around the RM 0.235 regions today.
For now, looking quite strong here still and if able to keep this up, could continue on towards and beyond its RM 0.26+ major resistance levels soon in the coming weeks for an uptrend continuation pattern.
Will be monitoring MELEWAR closely
Titan Trading Notes For Wednesday [14/5/2025]:
KLCI had a huge rebound back towards the 1582 points region with an overall positive market sentiment as we saw the market cheering the US and China tariff temporary pauses as they further negotiate on their terms for 90 days. Daily trading volume also saw an increase back towards the 4.1 billion mark, which is a good sign as foreign funds been buying back.
Main stocks that showed strong buying momentum would be the likes of MYEG, INARI, CIMB, VS, GAMUDA, NATGATE, GENETEC, PBBANK, MAYBANK, SIMEPROP, NOTION, INNATURE, YTL, UEMS, SUNWAY, JCY, DIALOG, WCT, AMBANK, GREATEC, CTOS, TM, CMSB, DNEX, and KPJ. All of which were able to sustain their rallies throughout the day on the top volumes list.
$INARI / 0166 (INARI AMERTRON BERHAD) was definitely the star performer today as it broke out huge all the way towards the RM 2.28+ regions with huge volume and buying momentum. This came after it consolidated over the past few weeks around the RM 1.90 regions.
So far looking quite strong here and as long as able to sustain above its RM 2 immediate support levels, could breakout towards and beyond its RM 2.30+ major resistance levels in the coming weeks for a further rebound.
Will be monitoring INARI closely.
$EG / 8907 (EG INDUSTRIES BERHAD) ince consolidating over the past few months around the RM 0.95+ major support regions, been able to breakout strongly towards the RM 1.13 regions with huge volume and buying momentum today.
Looks like foreign funds have been buying heavily into EG today after selling over the past few months. For now if able to sustain above its RM 1.05+ immediate support, could continue on towards and beyond its RM 1.15+ major resistance levels in the coming weeks.
Will be monitoring EG closely.
As for the steel sector, $MELEWAR / 3778 (MELEWAR INDUSTRIAL GROUP BERHAD) was definitely the one that stood out as it broke out huge all the way towards the RM 0.24 regions with good volume and buying momentum, leading the entire steel sector for the day.
This came after it broke out strong from its RM 0.18+ main downtrend resistance levels from the past week. If able to keep this up, could continue on towards and beyond its RM 0.25 - RM 0.27+ major resistance levels for an uptrend continuation pattern.
Will be monitoring MELEWAR closely
Titan Trading Notes For Tuesday [13/5/2025]:
KLCI had a slight rebound back towards the 1546 points region with an overall mixed market sentiment as we still had over 450 counters closing red for the day. Daily trading volume remains low around the 2.9 billion mark here.
Main stocks that showed strong buying momentum would be the likes of LCTITAN, SIMEPROP, KHB, EDELTEQ, FIBRO, and PHARMA. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.
$EDELTEQ / 0278 (EDELTEQ HOLDINGS BERHAD) on the other hand also able to gap up and rallied all the way towards the RM 0.28 regions with huge volume and buying momentum. So far seems to be facing some selling pressure above the RM 0.27+ regions here, but its closing price of RM 0.265 is still pretty decent.
As long as able to hold above its RM 0.26+ immediate support, could still breakout from its RM 0.285+ major resistance levels and continue to trend back up towards the RM 0.32+ regions in the coming week.
Will be monitoring EDELTEQ closely.
Over on the steel sector, $MELEWAR / 3778 (MELEWAR INDUSTRIAL GROUP BERHAD) been having a sudden and huge spike here since breaking out from its RM 0.185 resistance on Friday, rallied all the way towards the RM 0.21 regions with good volume and buying momentum.
Although unable to close on its intraday high, its closing price of RM 0.195 still a pretty strong signal here. As long as able to keep this up, could be ripe for a total trend reversal and start trending back up towards the RM 0.235+ major resistance levels soon.
Will be monitoring MELEWAR closely.
Quarterly rpt on consolidated results for the financial period ended 31/03/2024
Change of Company Secretary - MS LILY YIN KAM MAY
Change of Company Secretary - KENNETH GOH KWAN WENG
Quarterly rpt on consolidated results for the financial period ended 31/12/2023
OTHERSMELEWAR INDUSTRIAL GROUP BERHAD - DISPOSAL OF WARRANTS IN MYCRON STEEL BERHAD ("Mycron")
OTHERSMELEWAR INDUSTRIAL GROUP BERHAD - DISPOSAL OF WARRANTS IN MYCRON STEEL BERHAD ("Mycron")
OTHERSMELEWAR INDUSTRIAL GROUP BERHAD ("MIGB" OR "THE COMPANY")-DISPOSAL OF WARRANTS IN MYCRON STEEL BERHAD ("Mycron")
OTHERSMELEWAR INDUSTRIAL GROUP BERHAD ("MIGB" OR "THE COMPANY")
-DISPOSAL OF WARRANTS IN MYCRON STEEL BERHAD ("Mycron")
General Meetings: Outcome of Meeting
Quarterly rpt on consolidated results for the financial period ended 30/09/2023
General Meetings: Notice of Meeting
Quarterly rpt on consolidated results for the financial period ended 30/06/2023
OTHERSMELEWAR INDUSTRIAL GROUP BERHAD ("MIG" OR "THE GROUP")
REVALUATION OF PROPERTY, PLANT AND EQUIPMENT
Additional Listing Announcement /Subdivision of Shares
OTHERSMelewar Industrial Group Berhad ("MIGB" or "the Company")-Notice to Warrant Holders in relation to the Expiry and Last Date for the Exercise of Warrants 2018/2023
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MELEWAR KHYRA SDN BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - KHYRA LEGACY BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TUNKU DATO' YAACOB KHYRA
Changes in Director's Interest (Section 219 of CA 2016) - TUNKU DATO' YAACOB KHYRA
Quarterly rpt on consolidated results for the financial period ended 31/03/2023
Quarterly rpt on consolidated results for the financial period ended 31/12/2022
General Meetings: Outcome of Meeting
Quarterly rpt on consolidated results for the financial period ended 30/09/2022
PART A-SHARE BUY-BACK STATEMENT IN RELATION TO THE PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR AUTHORITY TO THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PERCENT (10%) OF ITS TOTAL ISSUED SHARES; AND PART B-CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (i) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR THE COMPANY AND/OR ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE WITH RELATED PARTIES AND PROVISION OF FINANCIAL ASSISTANCE; AND (ii) PROPOSED NEW SHAREHOLDERS' MANDATE FOR THE COMPANY AND/OR ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTION OF A REVENUE OR TRADING NATURE.
Annual Report & CG Report - 2022