LCTTITAN break support @1.14. next major support 0.75 rgt

Middle East – Israel carries out strikes on Iran as explosions reported near Isfahan airbase. The WAR is on . Prepare for Dow 1000 pts bungy jump tonite . Iranian state TV says it has shot down 3 drones. US officials believe Israel is behind the launch in retaliation for Iran strike last weekend .

Bursa is hit by 1MDB bomb.

Iran's Fars news agency said an explosion were heard at an airport in the Iranian city of Isafahan but the cause was not immediately known. Several Iranian NUCLEAR SITES are located in Isfahan province, including Natanz, centerpiece of Iran's uranium enrichment program.

$200m rgt per km for KL-Sgpore HSpeed railway? In China ,cost between $17m-$30m usd, France $24m USD per km, in Spain $27m usd. Roughly about $100m rgt in other countries, which includes PROFIT. So the consortium and cronies will be laughing to the bank with $200m rgt per km price tag

Najib money hiding here? better get out

To MyEg die hards, i have one question to ask. If you look at MyEg qtrly result. Very beuatiful. But before that , Short term loan is 142m rgt . Long term loan is $704m rgt. Assuming effective loan interest is 7%, that means interest charges per year is about $59.2m. Now if you take a look at MyEg last 4 qtrs profits, PBT and PAT are pratically the same. Dont MYEG have to pay tax? Do I miss something?

Eduspec issued 543millions of free warrants EDU-wc . Now need to create some good news to bring in sotong. Now Edu-wc trading at 10c. Hopefully this "news" can bring in $54m when all the warrant unloaded . The good news is the EDuspec is going to provide training for 5G engineers course bla bla bla. Assuming can get 50 engineers per year to attend the course, each paying 5000 rgt, voila $250,000. Not enough to cover the admin. But does not matter, the aim is to unload the 543m warrant and mother share. See how a "BIG" news can bring in $54.3m rgt.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues. With lots of files seized, very hard for these syndicate to goreng

nop, i use this name to remind everyone of the billion dollar bustards who still roaming free,in spite of being arrested, only to charge them under Section 420, a 1948 law ,where maximun fine is only 50k rgt. Every time a million or billion dollar bustard is arrested, police will use Section 420, the billion dollar question is what happen to the balance of money after the bustard pays 50k fine and walk free? Now you can understand why there are so many Gold investment, CPO farm invesment, Geharu Investment, BirdNest investment, Geharu Investment, Mango Investment, even Pineapple Invest. These bustard just promise 10% return ,collect 50 or 100m , and later pay fine 50k. Malaysia is becoming the HUB for legal conmen . There is NO effort to amend the law ,to increase fine from 50k to 5 times the amount scammed. Many EPF members demand to withdraw 10k from their account, to put in these schemes, and lost all. I have a feeling some politicians are involved by encouraging EPF money withdrawal.

MRDIY shares trading @1.5 rgt, but MrDIY non-stop issue new shares @1.07 rgt directors @1.07 rgt. Apr15th 201,000 share @1.07 Apr 5th 291350 @1.07 Mar 29th 237,900 @1.07 Mar 21th, 248.250 @1.07 Mar 14th, 572,190 @1.07 Mar 7th,349,650 @1.07 Feb 29th, 99,150@1.07 Directors already rewarded with millions in salary and allowance, how come reward again with 50% below mkt prices at the expense of shareholders?

As at today Mar 27th,2024, each factory operator in Malaysia and Singapore earn basic salary of 1500 units in their own currency. But one plate of chicken in Msia is 7.50 and in Singapore 2.5 . This mean Singapore workers has 3 times more money to spend than Malaysian counterpart. The conman knows this . That is why for the past 40 years, he had been "talk bad" about Singapore government to cover up the ringgit plunge from 1:1 to 1:3.5 . And to diivert attention away from the effect of plundering the country wealth.

Mohd Sufian Bin Awang resigned as non executive director of Hongseng.
He was Political Secretary to ex PM Najib !!!!!
Now you understand why they can keep ESOS/PP/RI billions and billions of shares in many companies without fear.

Guys, the syndicate are engaged in non constructive activities, not related to the objective of capital market principles of building a business and increase shareholders value. If you check their qtrly revenue, some not even 1m per qtr. And 20 qtrs of continuos loses.

Money raised from RI/PP/ESOS are used to dabble in stocks of other company which are also doing the SAME thing. This is not honest thing to do .

Do not dabble in this type of Toilet Paper Printer (TPP) counters. There are a few dozen of them in Bursa mkt
For those trap in TPP counters , there will be no hope.
In northen Mymmar Golden traingle cyber scam concentration camp,once you are trapped there, no hope of coming home, even after paying $100k or $ 200k ransom money.
You will be resold to another syndicate, who will demand more RI money.
After they have received $50k ransom, you still cannot walk free.
You will be put in tiger cage ,hands tied, and submerge in dirty river water up to your nose, leaches sucking your whole body. Your head cannot drop down, else water enter your nose.
They will demand more money from your family, failing which you will be sold to organ harvesting syndicate.
They will start to dig out your organ . No anaesthetic given. Skin alive !!!!!
They will show video of you being tortured till your family go borrow or sell houses to redeem you.

YOu cannot escape , because thare are barb wires all around your detention center. The underworld armies are closely monitoring 24/7 over the whole cyberscam detention camp. The dentention camp has the support of corrupted Mymmar government army. police. Even if you manage to jump down from 4th storrey , run to police station for help, 5min later ,police will call the underworld to pick you up . It is corrupt,brutal, greed $$$$$$,lawless out there in Mymmar Northen traingle.
The advice is , do not go near Mymmar Golden Traingle penny stocks.Once in, no come back

Another messy company involving messy Sales and Purchase deal.
YNH property
Bursa Securities unearths RM150m oversight by YNH Property

By Faiqah Kamaruddin
January 18, 2024 @ 10:50am

KUALA LUMPUR: Heavy selling pressure in YNH Property Bhd has led Bursa Malaysia Securities Bhd to unearth an oversight on YNH Property Bhd's part in not announcing a planned acquisition of a 2.06 hectare site in Desa Hartamas, Kuala Lumpur for RM150 million. 

When queried by Bursa Malaysia Securities Bhd on an announcement made in May 2023 that its subsidiary Kar Sin Bhd is to dispose of land in Desa Hartamas for RM170 million to Sunway Living Space Sdn Bhd, YNH Property said not announcing the proposed acquisition of the Desa Hartamas land from Great Wall Park Sdn Bhd (GWP) was an oversight on its part.

Citing the company's response to a query by Bursa Securities on May 25, 2023 and a query from Bursa Securities on the proposed disposals dated Jan 16, 2024, Bursa Securities asked YNH Property to provide the details and update on the steps/actions taken in rectifying the oversight and ensure that an announcement on the said acquisition is made prior to seeking the approval of YNH's shareholders for the said acquisition.


On April 18, 2022, the wholly-owned subsidiary of the YNH Property, Kar Sin Bhd (KSB) entered into a sale and purchase agreement with Great Wall Park Sdn Bhd (GWP) for the proposed acquisition of 2.06 hectare of land in Desa Hartamas, Kuala Lumpur for RM150 million.
In April 2022, KSB and GWP entered into a supplemental agreement to use RM239.5 million owing to KSB by GWP following the termination of a turney construction agreement dated June 20, 2016 to be paid as purchase consideration for the land
In September 2022, KSB and GWP agreed that KSB is not to to develop the Desa Hartamas land and KSB has sold the land to a third party purchaser.

The remainder RM89.5 million is to be refunded by GWP to KSB by June 30, 2024.
Questions...
1.Will GWP refund $RM89. 5million to YNH?
2.Original land purchase by YNH subs is RM $150m, than revised to RM170m, than revised to $RM239. 5m. YNH overpaid by $239.5m- $150m=$89.5m.

bought VSOLAR 10 years ago. Thinking the SOLAR power will be the next.
mrgatrend. But to my horror i found VSOLAR directors doing Sun bathing by the beach every qtr, instead of grooing the solar business, for the past 10 years. SC is slerping for the past 10 years.
Today directors organise Mega Sale again. Mari mari buy buy. Donate to the directors. Please note, this is Mega SALE, to the new groups of victims.

THE Securities Commission Malaysia (SC) has filed a civil suit in the Kuala Lumpur High Court against five individuals for allegedly perpetrating a scheme to defraud and/or causing wrongful losses valued at RM120.6 million to four public-listed companies.

In a statement on Dec 12, the SC said it filed the suit on Nov 29, 2022 against Tey Por Yee (ASDION, IQZAN ,PRTASCO), Lim Chye Guan(NEXTGRAM}, See Poh Yee(NEXTGRAM, ASDION), Francis Tan Hock Leong (R&A) and Faizatul Ikmi Abdul Razak.(NEXTGRAM, IQZAN)

It said the companies involved are 1. Nexgram Holdings Bhd 2. R&A Telecommunication Group Bhd (delisted) 3. Asdion Bhd 4. Ire-Tex Corp Bhd. (new name IQZAN)

This Hongseng has no core business. Glove hot, do gloves. EV battery hot, do battery. Forever catching the tail end of the mania. Look at past 5 qtrs result, any good contribtion from glove? None. Now telling you going into EV battery. Qtrly revenue few million, yet call itself CONGLOMERATE!!!!! Yes it is a conglomerate chasing its tail.
Dont be surprise later Hongseng announce venture into AI. Run when you see this announcement.

PUTRAJAYA : Two former directors of CepatWawasan Group Bhd were given three months from Friday to repay the company RM13 million used to illegally pay Opti Temasek Sdn Bhd, an action in breach of the financial assistance provisions of Bursa Malaysia's listing requirements.

Failure by Tengku Datuk Kamal Sir Sultan Abu Bakar and Lt Col Tengku Datuk Kamarul Zaman Sir Sultan Abu Bakar to do so would put the brothers in contempt of the court order and makes them liable to five years in jail.

This comes after the Federal Court bench had unanimously dismissed their appeal to set aside the committal proceedings.

TSH sold land in 2022 for 731m. There was widepsread news propaganda that this sale will make TSH DEBT FREE when the cash comes in. After almost 2 years of sale only half of 730m was received. And about 300m still no where to be seen. Meanwhile the propaganda of DEBT FREE still an illusion as short debt still stand at 300m + as at today QTR report. What has happened? Where is the balance money from the sales gone to ?

Anyone monitoring the cash 300m receivable, part f the 700m land sales? Already one year, still missing from payment? Hope the Indonesian buyer is honest. Otherwise become court case like AT system and YNH...

Take note 3 years ago, during the peak of glove mania, AT also want to be glove maker. Pay $4.4m cash, full amount, for a glove factory . After 6 month,decide not to proceed. Till today SC never question AT director refund of $4.4m money take so long, already 3 years. 2rd question is why AT director pay full amount of 4.4m cash instead of 440k, 10% while doing the due diligence. Guys dont touch a dubious transaction company and many companies related to this syndicate. Fintec, Netx, Eduspec, Oversea, XOX, Lambo.

watch out this Pertama, formerly the conman stcock SINOTOP. Name is changed but revenue still still as ugly as last time. Revenue about 1m last 5 qtrs.Now 2.8 . Anytime now to plunge to the pit.

Bursa vocabulary
JSB 5673 old name IPMUDA
PERTAMA 8532 old name SINOTOP.... this one China notorious conman.
RENEUCO 7130 old name KPower.. haha another famous Serbak gang.
WIDAD 0162...old name IDEAL JACOB

Ageson: Appoints independent auditor to look into allegation of suspicious transactions. Ageson has appointed Virdos Lima Consultancy (M) SB (VL Consultancy) to look into audit issues and matters raised by its external auditor Messrs Jamal, Amin & Partners and their basis for expressing a disclaimer of opinion on the company’s audited financial statements for the 18-month FPE Dec 31, 2022 When you see company suka suka
delay and change the financial report to 18months, something is fishy that they are trying to hide.

hongseng shares will follow the fate of AT, FINTEC.
6 billions shares of toilet papers will be consolidated into 20:1 or 30:1
Will be sideline for this rally.

If you buy HSeng @3c now, you will lose big .
300 big lots @3c=9000 rgt
Price will slowly drop to 0.5c 1 day before ex date
Assuming 30:1 consolisation , 300 big lots become 10 big lots
10 big lots after ex ,become 15c , 15c x 10 lots =$1500
From $9000 to $1500 , you lose 85% on first day trading if price starts at 15c.
Normally it will start to go down to 12-13c, than close at 10c.
At 10c x 10 big lots, you get back $1000 from original $9000 ,bought at 3c before ex-date
1000/9000,only 11% of your original $9000.

AT, Fintec kind of companies are HARD-CORE "PP/RI/ESOS" type of companies.
Once you are trapped, you will be gang-raped till become toufoo..
Better dont go near.
There are other penny stocks which are also lousy no funadamental, but there dont gang-rape you.
6billions of toilet paper become 200m of shares.
Than after 6 months it become 1.2b of toilet papers again after "PP/RI/ESOS"
Another 1 years, the 1.2b toilet papers grow into 4.8b toilet papers.

New Agong may announce NO MORE POLITICKING and backdoor route to Parliament till next GE in 2026. This is to tighten the rope and block corrupt VIP from seizing power and derail probe into trillions of national wealth/asset siphoned off in the the past 40 years. Embeded corruption since independance has since caused Malaysia ringgit to be 350% weaker than Singapore dollar, even though Malaysia national wealth in land ,water, timber,tin mine, oil ,palm oil ,oil and gas is 30000% more than Singapore . Malaysia rgt has since the days of "bersih cekap amanah" fake slogan, plunged from$S1=$M1 to $S1=$M3.4 now

Any more passengers to be picked upby the Karma Train?

please take note Mr Tay Ben Seng has continuously unload his holding in Saudee from 7c down.
Those who take up the right issue @15c in 2021 are losing ,goint into the toilets bowl
Looks like consolidate and " RI to go into MOU " soon.
MOU announcement coming soon.
Mr Tay Ben Soon is also director of
1. Focus Dynamic ED
2. Oversea enterprise ED
3 SAUDEE ED
4 GREEN OCEAN ED
Assuming allownce /salary of 250k from each company,it will be 1m rgt .
good money ya.
Please buy more of these companies share and donate generously to the directors salary.Theyeat lobsters, we eat the bone.

Kanger is printing another billion shares again?
EDGE says Kanger buying SUNG MASTER 49% stack for 72m cash.
IN total Kanger will pay $72m and 94.8m (Apr,2021).
What does Kanger get after paying 94.8m in 2021 April?
Qtr loses NON-STOP from Apr 2021 to 2023 Apr. Where is the guarantee?
Earlier 2001 April, Kanger already acquired 51% SUNG MASTER for 94.8m.
Where does the $72m coming from?
Right now,available cash is 0.62m.
Maybe BANK BORROWING again.
Than billion share RI to pay back bank borrowing.
Prepare for birth of HONGSENG 2.0 .

How investment bank con the public.
First IB lend $300m or $500m and collect 8% interest per year ,for business expansionbla bla bla.
Than after 5 years , when the loan due, IB will advise the kokperape conmen directors to do right issues.
So you ALWAYS hear right issue to PAY BANK borrowing and for business expansion.
The $500m question is, what happen to the $500m borrowed earlier?
Is it in the directors pocket ?

To Reduce Its Borrowings. TSH Resources Bhd announced the sale Oil palm plantation measuring 13,214 hectares of land together with uncertified land adjoing the plantation measuring 683.36 hectares in North Kalimantan for RM731. 09 million.
Did TSH receive all the money? It is almost 1 year since the first partial payment.

The 2rd portion of sales money of land in Kalimantan,700m, only half received 6 months ago .The other half supposed to receive , but never shows. Anyone know what happen to the $300m balance?

Tiong Siang is the father of Sersol chief executive officer Datuk Wira Justin Lim Hwa Tat, who is wanted by the Malaysian Anti-Corruption Commission (MACC) over his instructions and approval of five payments totalling RM2.5 million to a private company named HGC Legacy Enterprise.

Meanwhile, Hillcove wanted to elect three new directors to the board, namely Datuk Mohamed Suffian Awang, Alan Ling Sie Kiong and Tan Tong Lang, with immediate effect.
It is worth noting that Momahed Suffian is a former independent and non-executive director of FGV Holdings Bhd and former political secretary to former prime minister Datuk Seri Najib Razak.

Now you can understand why these company can keep RI/PP/ESOS to increase NOSH from 300m shares to 6B NOSH, and later 30:1 consolidation and repeat the process a few times without doing any meaniful business activity.

Can you believe How low IQ the lawmakers in Malaysia, 50m cyber fraud, being prosecuted using very very old law of 1948, section 420,where MAXIMUN fine is 50k rgt only. Are these law makers got zero IQ?

How to predict in advance that a company is hiding a fraud?
1. Keep changing external auditor .
2. Keep changing financial years often to delay issue annual report
3. Keep changing accountant/financial controller like hotel guests.
4. ACCOUNT RECEIVABLE is unusually large vs account payable. Money stuck or goods sold to cronies.
5. Keep printing billions of shares to suck cash from shareholders.
6. Involved in court cases often to "sue" a third party for not paying the debts. The 3rd part may also be the cronies actually
7. Qtrly revenue almost zero over past 10 years.
8. The company seems to take huge bank loan, or 2 years later issue huge right shares "for working capital and pay bank borrowing". This one most common tricks by banks to recover bad loan from listed company.
9. ‘Meteoric’ rise in both revenue and profits DESPITE industry outlook, are also red flags. Say industry average growth is 5%, but this guy shows 50% growth, per year
10. Sells its product to one customer. Obviously it is easier to be in cohhort with one party instead of many parties. Goods sold become huge bad debts
11. The company buys few FERARI for its directors...Megan Media...
12. Cash flow and profit imbalance. If its getting wider year by year, avoid.
13. Reports FAKE revenue of billions,fake growth......to sell their bonds. China developer Evergrande
14. Tyco International USA. CEO and CFO siphon off $150m USD via loans to directors. Beware of some listed NON-FINANCIAL company also having money lending license. EKRAN Ting Pek King, took 700m fromEkran via the company money lending license. $700m was never paid back.
15. Ekran holding money lending license. Lend 700m to Ting Pek Kim via is money lending facilty. $700m never come back . NETX holding money lending license. Why?.
16. The company buy a $5m asset, MAKE A FOOL OF THE FOOL PAYMENT OF $5M, while due dilligence is going on.
17. The compny has no revenue but issue lots of "bond", Right issue ,ESOS, PP. which are basically a type of "IOU/bond" to the retailers.
18. The company change its name ? Have you seen Public bank or Sime Darby or TM changing names , at all? Be cautious and run once you see this happen

Newbies,please monitor this issue, before you put your hard earned money buying this counter.

When will PEARL GLOVE (glove factory seller) refund the $4.44m (full purchase price) paid by AT Sys while dilligence was conducted?
Have you heard of CEO ,paying full amount ,while doing due dilligence?
This is first time in history, a CEO pay FULL AMOUNT while doing due dillegence.

NOw the case was already in the court 3 years already, still no news.
Why is it soooooooooooooooooooooooooooooooooooooooooooooooooooo difficult for the court to complete the case? Is it a rocket science problem or just a simple case?
How does a court system works? How does the court registrar handle a case?
Who is the court registrar?.

If SC dont bother about this $4.4m money being lost, that mean no hope for retailers. It mean SC will close one eye when another case happen again.

Thedgemarkets.com
Yafiqah Salim

Not long ago, NETX NOSH was 400m shares, now it has become 920m shares.
May be not too long later, it will be 1.84b shares, and price will drop from 16c to 2c after a few PP and ESOS.
And not too long later, it will be 1c
And not too long later it will be 10 to 1 consolidation, this is not the end.
When it reach 1c, the slaughter is about to start.

Netx has $57m cash.
AND Netx has money lending license.
What will the NETX move?

KUALA LUMPUR (Oct 23): Revenue Group Bhd said its unit has received approval from the Local Government Development Ministry (KPKT) for an online moneylending licence.
Good or no good?
Ekran lend $700m to its chairman Ting Pek Kim, and the money was never recovered. You decide if it is good.

Other countries are all trying to attract tourist. Malaysia shut down concerts, shut down festivals.
Only thing they know is asking for subsidy,bantuan and subsidy.
Water is not coming in, how to provide drinks for rakyat?
Genm 2.40
next 2.33
next 1.98

THIS IS SUPPOSED TO BE CASH COW OF COMPUGATE 12 YEAS AGO. TILL NOW where is 20k per kg Geharu sap? Where has the $$$ gone?

Agarwood is known as “Gaharu” by the Indonesians/ Malaysians and as Chén-xīang (沉香) in Chinese.
Formation of agarwood occurs in the trunk and roots of Aquilaria trees that have been infected by a type of fungus. A dark resinous heartwood called the “Gaharu” is formed in result of the infection and is highly valued for its distinctive fragrance used for incense and perfumes.
A kilogram of unprocessed “Gaharu” heartwood can fetch as much as RM 20,000 per kilogram. Distilled “Gaharu” essential oil can command up to RM 100,000 per kilogram and the price is expected to rise due to increasing international demand.
Leaves of the tree is processed into Gaharu tea and is also highly sought after by the Chinese and Japanese for its many medicinal qualities.
In 2004 all Aquilaria species were listed in Appendix II (potentially threatened species) by the Convention on International Trade in Endangered Species of Wild Fauna and Flora.


Compugates Marketing Sdn Bhd (“CMSB”), a wholly-owned subsidiary of the Group ventured into agriculture in year 2010 through their pilot project of Gaharu cultivation in Kuala Kangsar, Perak. 25,000 Gaharu seedlings were planted and the Gaharu plants are thriving

Assuming each tree produce 1kg of sap per qtr ($10k rgt)
25,000 TREE X 10K RGT = $250m rgt

Instead of billion dollar revenue, CON-PUGATE release 16 qtrs of continuos loses.

MACC should investigate this company 25000 trees and where the billions of revenue has gone to?

if my calculation is correct, last 10 years, should see profit of billions ya.... MACC, this is where you should dig into and find out the truth

NETX and SAUDEE joint venture MOU?
if you CHECK MOU of these "print and print and print billion of shares type of companies", last 5 years,so many MOU,but none was executed.Keepannouncing every 3 months,"NO MATERIALDEVELOPMENT"
The only development is "PRINTING OF toilet papers" after each MOU announced
BURGERS? there are thousand of burgers operators ,big and small.
you decide.

Beware of cyber scam Mymmar, Cambodia, Dubai, Korea. Once go in, forever cannot come out.
Organized crime gangs behind Asia’s so-called "scamdemic" have set up remote bases in Myanmar’s border area with China — locations that are hard for police to reach and where the trafficking victims they use to perpetrate online scams have little hope of escape, a U.N. report said Tuesday.

Billions of dollars have been scammed by powerful Chinese and Taiwanese crime groups based in the Mekong region — as well as in the Philippines — who bombard the internet with romance scams, extortion and investment pyramid schemes.

While some crackdowns have taken place in Cambodia and the Philippines, the crime groups are refining their scams from fortified compounds under the protection of ethnic rebels in conflict-torn Myanmar, the United Nations Office on Drugs and Crime said in its report.

support 2.44
next support 2.33
next support 1.96

Kanger cash reserve from 120m to 0.46m now.
It is time to callhome and ask family members to send 100k ransom money

something ishy about TSH land sale in Kalimantan.
It has been 9months since the 700m sales, but 273m still not record in the TSH book yet.
Any one know where has the money gone?

I heard about rubbish-to-electricity story at least 10 years ago.
It started with rubbish.
Later oil palm waste to electricity
Now rubbish again to electricity.
So can anyone share just 1 company that has announced,gone into this project since 10years ago, and brovo produce a clean sui sui result?
None i guess. Please nullify my statement.

Is it going to be the biggest Oil palm plantation in the world and kill the CPO imports from Msia and Indonesia?

On August 8, 2023, Assam Chief Minister Himanta Biswa Sarma announced that the state government had initiated a large-scale oil palm plantation project in partnership with Patanjali Food Limited (PFL).

The ambitious project is an initiative to achieve Prime Minister Narendra Modi’s goal of self-sufficiency in edible oil production. The venture will bring 370,000 hectares of land under monoculture plantation, according to the announcement.

What happen to Kanger cash of 120m+ after the right of 2.8b shares?
Now left with 0.68m.
Is it another PP/RI/ESOS coming again?
Dont be trapped when pump up comes, it is for insiders to run and attract sotong to enter buy.