Highlights
KLSE: SAUDEE (5157)       SAUDEE GROUP BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.14   0.00 (0.00%)  0.14 - 0.145  5,089,300
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Overview

Market Cap: 100 Million
NOSH: 714 Million
Avg Volume (4 weeks):35,956,283
4 Weeks Range:0.14 - 0.275
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.14 - 1.19
52 Weeks Price Volatility (%):
0.00%
Average Price Target: 0.57
Price Target Upside/Downside: +0.43

Financial Highlight

Latest Quarter | Ann. Date 31-Jan-2021 [#2]  |  26-Mar-2021
Next QR | Est. Ann. Date: 30-Apr-2021  |  26-Jun-2021
T4Q P/E | EY: -4.52  |  -22.14%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.051  |  2.75
T4Q NP Margin | ROE: -27.20%  |  -60.78%

Headlines

Date Subject
22-Jun-2021 Mplus Market Pulse - 22 Jun 2021
27-Mar-2021 [转贴] [Video:浅谈SAUDEE GROUP BHD, SAUDEE, 5157] - James的股票投资James Share Investing
10-Mar-2021 PublicInvest Research Headlines - 10 Mar 2021
20-Feb-2021 MAK SIEW WEI IS INVESTING BIG IN THIS STOCK !!!
11-Dec-2020 Technical Buy - SAUDEE (5157)
23-Oct-2020 Stocks on Radar - Saudee Group (5157)
17-Aug-2020 SAUDEE Group - Major changes brewing as worst appears over
14-Jul-2020 PublicInvest Research Headlines - 14 Jul 2020
14-Jul-2020 Mplus Market Pulse - 14 Jul 2020

Business Background

Saudee Group Bhd is an investment holding company, which engages in the production, distribution, and marketing of fresh and frozen foods, processed poultry, beef products, and bakery products. The firm operates through two segments namely Manufacture and Sale of Food Products, and Property Development. Manufacture and Sale of Food Products segment is the largest revenue contributor for the company. The Group operates and generates revenue principally within Malaysia.
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  4 people like this.
 
Iknow666 99.9% subscribed means they sapu the rights sendiri... Although previously is pure guessing but I am quite confident now they won't let it go lower than 15c...The Saudee bosses wanna do kao sendiri meh... Green green must happen anytime..
16/06/2021 5:59 PM
NicmannNg today already below 0.15, hehe
16/06/2021 6:29 PM
Iknow666 Market sentiment is very bad.. With the political issues etc press statement released by Agong. Its really not a good timing. ☹️
16/06/2021 11:52 PM
bleuerouge worth to monitor price action tomorrow
17/06/2021 1:18 AM
AlfI3 Wud d oversubscribed b a show to entice more investors in or was that b d underwritter subscriptions ?
17/06/2021 6:10 AM
NicmannNg today can close green?
17/06/2021 9:14 AM
NicmannNg so useless this operator, hehe, cant goreng high the price
17/06/2021 9:23 AM
luqmannazri look like price will be maintain at 0.15
17/06/2021 9:56 AM
fruitcake 0.15...HAHAHA
17/06/2021 11:12 AM
whistlebower99 Fund raising exercise again and again....

SAUDEE GROUP BERHAD profile and facts

https://www.klsescreener.com/v2/stocks/view/5157


Subject RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021

Please refer attachment below.

https://www.klsescreener.com/v2/announcements/view/3361629

Announcement dated 21/5/2021


=================================================

On behalf of the Board, Mercury Securities wishes to announce that pursuant to the close of acceptance, excess applications and payment for the Rights Shares with Warrants B at 5.00 p.m. on 9 June 2021, the Company had received valid acceptances and excess applications for a total of 474,820,122 Rights Shares, representing 99.90% subscription of the total number of Rights Shares available for subscription under the Rights Issue with Warrants.

Details of such valid acceptances and excess applications received are as follows:-

No. of Rights Shares % of total issue
Total valid acceptance 134,114,162 28.22
Total valid excess applications 340,705,960 71.68
Total valid acceptances and excess applications 474,820,122 99.90
Total Rights Shares available for subscription 475,295,394 100.00
Not subscribed for 475,272 0.10


Successful applicants of the Rights Shares will be given Warrants B on the basis of 1 Warrant B for every 2 Rights Shares successfully subscribed for.

The total number of excess Rights Shares available for allocation was 341,181,232. In view that the total number of excess Rights Shares applied for was 340,705,960, the Board has decided to allot the excess Rights Shares to all the entitled shareholders and/or their renouncee(s) and/or transferee(s) who have applied for the excess Rights Shares in full.

The Right Shares and Warrants B are expected to be listed on the Main Market of Bursa Securities on 23 June 2021.

This announcement is dated 16 June 2021.

https://www.klsescreener.com/v2/announcements/view/3377509

======================================================

Total acceptance only 28.22% could mean many retail shareholders as well as substantial shareholders are not supportive of the fund raising exercise.

Total excess application so high at 71.68% could mean buddy-buddy penny stock companies supporting another loss making penny stock company. (like in the case of Permaju supporting MTOUCHE rights issue exercise)

Total share issued will balloon to 713,744,091 + 474,820,122 = 1,188,564,213 shares

If free warrants are fully converted, the total share issued = 1,188,563,213 + 237,647,697 = 1,426,211,910 shares

Massive dilution to shareholdings.

Expect directors to announce more fund raising exercise, in near future, by share issuance to ESOS and PP, causing further dilution to shareholdings.....

TAYOR
17/06/2021 11:15 AM
whistlebower99 The total shares issued figure doesn't look right. Need to reviewed and recomputed at a later date when the rights shares and warrants are listed on 23/6/21

No matter what the final figure is, dilution of shareholdings can't be denied.
17/06/2021 11:48 AM
NicmannNg trend is more important , hehe
17/06/2021 12:17 PM
bleuerouge took 150 d.
17/06/2021 3:06 PM
Iknow666 Look at the volume of seller its so easy to goreng this but operator just dont want to... Lols... Patiently waiting what they are going to do now..
17/06/2021 3:21 PM
bleuerouge buy & keep a while, chill. let operator do their job.
17/06/2021 3:36 PM
luqmannazri today touch 0.145..tomorrow touch 0.14...nextweek going to below 0.10...welcome to hardcore penny
17/06/2021 5:38 PM
NicmannNg welcome welcome
17/06/2021 7:26 PM
nostrac MELEWAR have big volume came in , wasting my time here since last week..BYE..
18/06/2021 9:38 AM
NicmannNg hehe, how is melewar now?
18/06/2021 3:11 PM
luqmannazri price retention occurs
18/06/2021 3:36 PM
NicmannNg still early to say ya, recently always closing low 1 bid, then buy queue disappeared,
18/06/2021 3:44 PM
Iknow666 Fintec suddenly shoot up...
18/06/2021 3:59 PM
NicmannNg volume shoot up but price no up, hehe
18/06/2021 4:19 PM
luqmannazri today saude closing price unforeseen.. something will happen next week..maybe ??
18/06/2021 5:47 PM
NicmannNg need to monitor next week movement, especially 23/6
18/06/2021 8:41 PM
Petronas Post removed. Why?
18/06/2021 8:42 PM
Ppmaster This counter cant shout up mostly. Becareful. Maybe will drop slowly. Your money you decide.
19/06/2021 9:33 AM
RCZ2020 I hope they will push up next week
19/06/2021 10:49 AM
Citadel9999 this share finished goreng , won't push up for u to escape, want dream go home
19/06/2021 10:50 AM
Citadel9999 just giving advice, but u want to see Ur money burn then suit urself
19/06/2021 10:51 AM
arlaxeat want to ask what price would it be for the listed warrant B?
19/06/2021 5:31 PM
RCZ2020 Anyhow they have to goreng next week
19/06/2021 11:34 PM
Ppmaster Rcz2020, the posdibility will 80% press down the price , 15% maintain and 5% push up the price start on monday.
20/06/2021 9:56 AM
BRAVOZULU goreng goreng goreng hehehehe
20/06/2021 10:33 PM
NicmannNg sad, why more goreng more low the price
21/06/2021 3:24 PM
Iknow666 Their cash value on hand already worth 15c per share... Havent even calculate their assets and legit business.... I dont mind waiting honestly...
21/06/2021 4:49 PM
Iknow666 Plus their next Q report... Coming soon..
21/06/2021 4:51 PM
NicmannNg next QR, good or bad? should coming by this friday
21/06/2021 5:00 PM
RCZ2020 Ppmaster what is your annalise?
21/06/2021 7:27 PM
NicmannNg ppmaster: lets see how after 23/6
21/06/2021 7:33 PM
Gayah007 https://www.theedgemarkets.com/article/focus-dynamics-acquires-1937-stake-saudee-group-part-robotic-burger-kiosk-venture


Now we know who pushing price down
21/06/2021 8:46 PM
NicmannNg why they subscribed RI, then pushing price down?
21/06/2021 8:53 PM
Iknow666 Like i said.. Orang sendiri who subscribed it... Price go down always happened to penny stocks to create panic sellers.. Anyway... Patiently watching showtime soon... Price will go down awhile only..
21/06/2021 9:31 PM
bleuerouge bila mau goreng?
22/06/2021 9:06 AM
NicmannNg after tomorrow? lets see how today close first
22/06/2021 9:16 AM
Peace99 Last private placement was .225. So can calculate what the minimum price so as not to rugi!
22/06/2021 2:03 PM
whistlebower99 Old habits die hard directors back to fund raising again and diluting shareholding.

Total raised = 475,295,394 X 0.15 = 71,223,018

Lots of money for directors to splurge away again.


Additional Listing Announcement /Subdivision of Shares
SAUDEE GROUP BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Rights Issue
Details of corporate proposal RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE (SAUDEE SHARES OR SHARES") (RIGHTS SHARES) AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE (WARRANTS B) ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021
No. of shares issued under this corporate proposal 474,820,122
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1500
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 712,734,819
Issued Share Capital ($$) Malaysian Ringgit (MYR) 145,306,577.800
Listing Date 23 Jun 2021

https://www.klsescreener.com/v2/announcements/view/3380287

==================================================================


History of multiple proposal for for fund raising.

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=multiple+&cat=&sub_type=&company=5157&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=#/?category=all
22/06/2021 2:27 PM
Iknow666 Show time
22/06/2021 4:04 PM
NicmannNg aiya, thought wan top up tomorrow
22/06/2021 4:06 PM
Iknow666 Tomorrow saudee will be good... Not too late to buy...
22/06/2021 4:08 PM


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