For Newbies To Know And Learn About Penny Stocks

LIST OF PENNY STOCKS FOR NEWBIES ATTENTION

whistlebower99
Publish date: Tue, 07 Sep 2021, 03:41 PM
For Newbies Education.

Every year people who are new to the stock market will get into the market to try their luck with the aim of making extra income or a steady income by investing or speculating on stocks.

Many started without much knowledge and blindly follow comments from friends or from public forum.

This blog intended to provide newbies with the knowledge and information & latest announcement on penny stocks especially those with huge total issued shares and making losses for years.

 

FOR NEWBIES

Avoid trading these stocks

If can't then :

 

  • Trade wisely
  • Set realistic target
  • Don't be greedy, take profit when target is reached 
  • Avoid being trapped at high price for years
  • Don't be caught with potential shares consolidation in near future

 

List of selected penny stocks with

1. total share issued exceeding billion shares or

2. losses in several consecutive quarters / years

3. massive fund raising exercises via rights issue or

4. frequent share issuance to ESOS & Private Placement or

5. shares consolidation or massive rights issue

6. share split exercise resulting in total issued shares exceeding billion

 

AEM, ANZO, AT, BCMALL, BORNOIL, COMPUGT, DAYA, DGB, DIGISTA, DOLPHIN,

EAH, EDUSPEC, FINTEC, FOCUS, GOCEAN, ICON, IMPIANA, JOE, KANGER, KGROUP,

LAMBO, M3TECH, MACPIE, MINDA, MLAB, MMAG, MNC, MTOUCHE, MTRONIC, NETX,

NEXGRAM, OVERSEA, PASUKGB, PDZ, PERDANA, PERMAJU, PHB, PNEPCB, PUC, PWORTH,

SANICHI, SAUDEE, SCOMI, SINARAN, TALAMT, TIGER, TRIVE, VC, VSOLAR,  XOX

 AAX, AIM, ALAM, G3, HUBLINE, JOHAN, KOMARK, TANCO, TAWIN, VINVEST, XDL

 

 



 

 

https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

Use this link to check on

1. past quarterly and annual financial results

2. fund raising announcement

3. share issuance for ESOS, PP

4. MOUs and agreements

5. Other announcement like non-related party transaction

6. Total issued shares, EPS

7.  Warrants related to underlying stock

8.  Details information of each warrant

 

 


 

AS AT 10/9/21

AEM = 2,163,629,262; WB = 1,081,720,597

ANZO = 1,116,163,660; WB = 32,991,025

AT = 4626573475; WC= 439053650

BCMALL = 1564702087; WA = 782350787

BORNOIL = 7955289,529; WC = 1734679850; WD = 378683984

COMPUGT = 3819701863

DAYA = 2042945854

DGB = 1621928666; WC = 478188586

DIGISTA = 1048916802; WB = 81678141; WC = 260384403

DOLPHIN = 935748431; WB = 183150003

EAH = 5072360564; WD = 993885016; WE = 1087061194

EDUSPEC = 2498967361; WB = 275453358

FINTEC = 4475664574; WA = 170092838; WB = 116443428; WC = 1146126828; PA = 254308135

FOCUS = 6372205736; WD = 3066399051; PA = 903363292

G3 = 2164246748; WA = 310753164

GOCEAN = 2111592400; WB = 621430198

HUBLINE = 4289965177; WC = 944837534

ICON = 2703188787; WA = 654515210

IMPIANA = 1294339082

JOE = 3059119200; WA = 611774754; WB = 917735760

KANGER = 5592260364; WC = 2861936149 (pending RI completion)

KGROUP = 2554309534; WC = 982103848

KOMARK = 577356548; WC = 240460690 (pending proposed RI completion)

LAMBO = 1197091170; WB= 94595020; WC = 398981138

M3TECH = 896183566

MACPIE = 946424339; WB = 431976832

MINDA = 1321905790
 
MLAB = 1207841090; WC = 440488340

MNC = 1758807413; WA = 188946927; WB = 29959264; PA = 210491300

MTOUCHE = 926719091; WD = 397161708

MTRONIC = 2079778155; WA = 410253977

NETX = 835967337; WC = 313068412

NEXGRAM = 4354983874; WA = 335382607; WB = 159999752; WC = 281684356

OVERSEA = 884754000; WA = 436526991

PASUKGB = 1157793504; WA = 578660588

PDZ = 101117471; WB = 31840224; WC = pending RI completion

PERDANA = 2216123041; PA = 25977107

PERMAJU = 932154695; WA = 93535984; PA = 1035924366

PHB = 10598198872; WB = 3137769770

PNEPCB = 527191900;  WA = 34455100; WB = 118051442

PUC = 1235314486; WA = 26552111

PWORTH = 499580386 (consolidated 10:1)

SANICHI = 1403095414; WE = 100235352; WF = 601311751

SAUDEE = 716354819; WB = 233790060 

SINARAN = 703816580

TALAMT = 4295279562

TANCO = 1672685514

TAWIN = 3413589548; WA = 304172581; WB = 1365365814; PA = 19076313

TIGER = 2570121020

TRIVE = 1053018540; WC= 526509027 

VIZIONE = 1024780889; WC = 41637190; WD = 302714699

VSOLAR = 4566933699; WB = 821461526

XDL = 2116225664; WD = 902441557

AAX = 4148149102
 
ALAM = 1433882405;  WA = 462226857
 
G3 = 2164246748; WA = 310753164 
 
HUBLINE = 4289965177; WC = 944837534
 
JOHAN = 1168028440; WB = 389342813
 
KOMARK = 577356548; WC = 240460690
 
TAWIN = 3413589548; WA = 304172581; WB =  1365365814; PA = 19076313
 
VINVEST = 906455000; WE = 107472345 (after share consolidation)

 

 

TRADE AT YOUR OWN RISK. GOOD LUCK.



What is share consolidation?

Share consolidation is a corporate action conducted by the company with the intention to reduce its number of shares trading on the stock exchange. It does so by reducing the number of shares held by its existing shareholders.

 

Is share consolidation good?
 
In general, share consolidation is perceived negatively, especially by investors. When investors see the stock price plummet, share consolidation will be seen as an accounting tactic to save the image of a company that is not performing well.
 
 
 
What do you mean by rights issue?
 
A rights issue is an offering of rights to the existing shareholders of a company that gives them an opportunity to buy additional shares at a pre-determined price
 
 
 
Is rights issue good or bad?
 
The market may interpret a rights issue as a warning sign that a company could be struggling. This might even cause investors to sell their shares, which would bring the price down. With an increased supply of shares available following a rights issue, this could be very bad news for a company's market value.
 
 
EXAMPLE OF SHARE CONSOLIDATION AND RIGHTS ISSUE ANNOUNCEMENT
 
PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Pasukhas, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the following:-

(i)         proposed consolidation of every 10 existing ordinary shares in Pasukhas (“Pasukhas Shares” or “Shares”) into 1 Pasukhas Share (“Consolidated Share”) (“Proposed Share Consolidation”); and

(ii)         proposed renounceable rights issue of up to 992,394,438 new Shares (“Rights Shares”) together with up to 578,896,755 free detachable warrants in Pasukhas (“Warrants A”) on the basis of 12 Rights Shares together with 7 free Warrants A for every 2 existing Consolidated Shares held by the entitled shareholders on an entitlement date to be determined (“Proposed Rights Issue with Warrants”),

(collectively referred to as the “Proposals”).

Please refer to the attachment for further details on the above.

This announcement is dated 17 March 2021.

 



Price Chart #1 As At 7/9/21 5pm

 



Price Chart #2 As At 7/9/21 5pm



Price Chart #3 As At 7/9/21 5pm

 



Price Chart #4 As At 7/9/21 5pm

Discussions
1 person likes this. Showing 24 of 24 comments

MZM2511

In general, share consolidation is perceived negatively, especially by investors. When investors see the stock price plummet, share consolidation will be seen as an accounting tactic to save the image of a company that is not performing well. As a result, they usually sell the company's shares, which eventually brings down the price again.

However, as bad as it seems, share consolidation might be able to boost the stock value and the company's prospects. This, quite frequently, attracts new investors to the company and helps resurrect its fortunes.

2021-09-07 16:39

whistlebower99

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")

KANGER is undertaking above RI to purchase 126 units of serviced suite at ANTARA@Genting Highlands for RM142 million from Aset Kayamas. It is a new development to be completed in 2024 if no delay.

Today is last day for OR trading.
The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.

2021-09-07 16:54

MZM2511

Some are true, but many are ill intention information, misleading because only try to point on negativity only.

2021-09-07 17:00

MZM2511

Why Issue a Rights Offering?

Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its current financial obligations. Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money.

However, not all companies that pursue rights offerings are in financial trouble. Even companies with clean balance sheets may use rights issues. These issues might be a way to raise extra capital to fund expenditures designed to expand the company's business, such as acquisitions or opening new facilities for manufacturing or sales. If the company is using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.

2021-09-07 17:06

ahbah

Share consolidation ... is a BIG FIRE, burning our hard earn moni !!!

2021-09-07 17:11

ahbah

Rights Offering ... a corn scheme, to corn us to give away our hard earn moni ?

2021-09-07 17:21

stockraider

Post removed.Why?

2021-09-07 17:22

MZM2511

...... However, not all companies that pursue rights offerings are in financial trouble------------- If the company is REALLY using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.

MY IDEA IS BE FAIR IN MAKING CONCLUSIONS...

We are free to judge the Fintec group based on OUR own observation. He He

2021-09-07 22:15

MZM2511

whistlebower99 ........ The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.

---------------
Not necessarily TRUE.

I think the main cause is, the share price kept transacted below the right issue price. The confidence to subscribe for the right issue of shares was at low level, therefore only few shareholders has opted to buy the OR.

IF THE COMPANY LET THE SHARE PRICE BELOW THAN THE SUBSCRIPTION PRICE UP TO THE LAST DATE OF SUBSCRIPTION AND PAYMENT, I THINK THE PERCENTAGE OF SUBSCRIPTION FOR THE RIGHT ISSUE BY ITS CURRENT SHAREHOLDERS WILL BE VERY LOW.

2021-09-08 06:50

gohkimhock

of all the companies listed above by the author, how many are actually making profit? If you are speculating on loss making companies, the outcome can be very bad for you..

2021-09-08 10:36

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

hot tips = hot air

i3 forum is littered with stories of the rise and fall of hot and not-so-hot stock pickers. :-)

2021-09-08 11:00

ahbah

Which one is the best to play play for fun n entertainment ?

2021-09-08 11:13

fazil

good information & exposure , hopefully newbies don't get trapped. buy credible , with good track record companies...do your own research and back ground check before buying any penny stock..

2021-09-08 12:36

whistlebower99

Newbies are born everyday. The compilation is meant to warn them to be careful if they can't resist trading these stocks.

2021-09-08 12:46

dusti

IF YOU CHOOSE THE WRONG ONE YOU WILL BE IN DEBT FROM THE BEGINNING OF YOUR CAREER. SERIOUS!
I’LL CHOOSE NONE

2021-09-08 13:00

JohnFook

Better do a mental check up...

2021-09-09 00:00

8888_

Who?

JohnFook Better do a mental check up...
09/09/2021 12:00 AM

2021-09-09 07:03

stockraider

Post removed.Why?

2021-09-09 08:20

8888_

Netx stockraider don't own?

2021-09-09 09:34

Sales

No more penny stock for me.

2021-09-09 11:19

ahbah

Today mkt is a BIG FIRE !!!

2021-09-09 16:14

ahbah

A bad mkt day for me today !

2021-09-09 17:24

ahbah

Penny stocks ... also for oldies to play play for fun n entertainment during the

current pandemic !

2021-09-20 11:32

stockraider

Post removed.Why?

2021-09-20 11:54

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