ANZO was pn17. Delisted
old name was Harvest Court,
Harvest was heavily goreng and plunge from 3,60 to 1c
Later changed name to Anzo.
After that Anzo was in ICU for 2 years, buried for good
becareful when penny stocks keep changing name.
Bad omen. Do not touch or keep their share

you guys heard Tropicana boss coming to Johore. Forest City boss also getting good news.
WCT boss also appear. But not EKovest boss. Do you know why?
If you are trapped in Ekovest boss, try to get out and never touch it again.

Unfortnately, the PP/ESOS/RI syndicate still CON-tinue their toilet paper project.
Look at MLAB. Recently 20:1 consolidation 3 months ago, than the stopid SC approve toilet paper printing again. If that is called cock-perape exercise, even a cow can be a director
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
MLABS SYSTEMS BERHAD ("MLABS" OR THE "COMPANY")RENOUNCEABLE RIGHTS ISSUE OF UP
TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE
BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH UP TO
86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR
EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Lets us boycott all PP/RI/ESOS centric toilet paper companies.

It is morning up, 2rd half down pattern again..

Aiyo, after 3 years of selling the land ,is it correct , sale, the $731m rgt land only partially paid? .

Printing of 200million of toilet papers has started. Anyone chasing will be very lucky to hold it till 5c
Non-stop qtrly lossess continue, covid or no covid. The best thing is to delist this company before it suck more retailers hard earned money.

JP Morgan now upgrade Bursa from 1500 to 1650.
Suncon quitely accumulated from 1.30 to 4.65 (loudly announced good bye by fund houses @4.50) . Mali mali all the sotong, foreign funds announce they just landed in Bursa in July 2024. But the high tide does not seems to show up in 1000 other counters.

Suncon @1.60 , I was searching for fund houses issue buy call. None. Now SUNCON @4.5, fund houses are issuing BUY BUY BUY like recent Malaysia election, with Loud megaphone. Normally the end is very near. @1.60 , their buy call is for selected insider. Now the same Buy call for is to invite outsider sotong to come in.

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.
Who knows may also go into AI related project, talk only no need money.

haha XXXXtech penny stocks ,one by one, start to announce DATA center joint venture. Soon Dataprep, even Compugate , the 15 qtr losses company may announce DC projects. Just like during GLOVE mania time. Now all the me also glove players have disappeared

China stocks sinking. Index today break below 3000, psycological support and 120days mov avgi signalling more pain to come.
Regulators going after fraud infested stocks. Those delisted already or planning to delist will face probe and persecution. Minority shareholders who lost their pants due to the fraud can claim for loses

Congrate to those buying XOX @1.5c now.
Your holding cost will be 30x1.5c=45c after ex.
The expected first day trading after 30:1 ex is 15c
You immediately lose 66% based on your holding cost of 45c.
Anyway thanks for all the xox,xoxtech, xoxnet supporters, you have helped the companies tremendously.
Next counter to do 30:1....Focus
Can you believe it, Focus mkt cap was once 5.9b rgt !!!!!!
It has plunge to 95m mkt cap down.
Dead along the way are Ah Chong, Ahmad and Mutusamy.
The "print and dump" syndicate laughing to the bank.

Subsequently, on Sept 29, 2021, the Kuala Lumpur Magistrate’s Court issued a second warrant of arrest against Wong for one charge under Section 369(b)(B) of the Capital Markets and Services Act 2007 for furnishing a false statement relating to Asia Media’s revenue to Bursa Malaysia.

I just wonder Serbak case involving billions of revenue/profit which dont tally, how come no prosection till today?

insas related counters dont touch. They syndicate behind it are famous for shorting,

Now every company using AI label to boost sales or share price. ASUS says will build AI biased laptop, Soon property developer will say their house design is AI friendly. What long a that is does not matter. As long as got the word AI. Than maker will say their car got AI technology, and the share price shoot up. Even plantation company will claim their seedling use AI techonolgy to sellect best clone....boom

MZ, which part of what i wrote are false?
My worry is the 145m purchase is scaled down to 15 unit purchase. Your assertion is there is a 145m rgt purchase+15 unit new purchase. If so where does the money comes from siince Kanger made loses last few qtrs.

MZM2511
Kanger was able to buy 143m worth of Antara Condo built by Chai Kin Kong, father of Chai Vun Chet who pass away not too long ago at age 46, was because of money raised from RI 2.8b shares @6c per share. The 145m money was visible in Kanger account for a while before it was used to buy up for the purchase. That was 3 years ago. Btw, is the Antara condo near completion? One thing obvious is after that 145m rgt purchase, Kanger cash had been below 1m for few qtrs, there were qtrly loses, how did Kanger manage to do another 15 new purchases recently?

6 hours ago

MZM2511

@JJPTR (the naysayer)... You better search for the news yourself.
Changed the tune after been caught to be spreading the false information... Yeah

MZM2511
Kanger was able to buy 143m worth of Antara Condo built by Chai Kin Kong, father of Chai Vun Chet who pass away not too long ago at age 46, was because of money raised from RI 2.8b shares @6c per share. The 145m money was visible in Kanger account for a while before it was used to buy up for the purchase. That was 3 years ago. Btw, is the Antara condo near completion? One thing obvious is after that 145m rgt purchase, Kanger cash had been below 1m for few qtrs, there were qtrly loses, how did Kanger manage to do another 15 new purchases recently?

Kanger acquires RM143m hillside property with funding from rights issue

By Cheah Chor Sooi
24/02/2021
in Markets

KANGER International Bhd through its wholly owned subsidiary, Kanger Ventures Sdn Bhd, has proposed to acquire 126 units of service apartments developed by Aset Kayamas Sdn Bhd in Genting Highlands for RM142.9 mil.

The apartment units are part of the Antara @ Genting Highlands project which comprises four blocks of 44- to 46-storey freehold serviced apartments totalling 1,460 units. So all Kanger cash of 145m gone into buying the antara genting. BUTT lately Kanger announced only buy 15units of Antara condo , so why suddenly 145m cash only buy 15 units? what happen to the balance 100m+ cash?

MZM2511, if Im not mistaken, Kanger has 145m cash 3yrs ago,after right issue. Than the cash was used to buy Antara Genting condo. Now latest i read Kanger terminate the contractor who is supposed to build the foundation for the Genting condo project, after 3 yrs of awarding the project. Does that mean the condo foundation is never built? So happen to the 145m that was no longer in Kanger book?

SIAL punye counter, cause whole mkt to drop

Lagenda today first day LDown.
2 more days to go.....

AHB Rise frOM 12.5c to 20.5c was slow 25days
plunge from 20c to 12.5c in 2 days.
Lagenda another vertical waterfall

another company with courtcase/run foul of SC ruling.

PESTECH.... another court cases stock. Delay in Gemas to JB double track project ...Now in court case cluster list. Avoid. Will waste time next few years going to court instead of focusing on getting job done

How come when 1MDB TERRORIST strike at PM office , Malaysia dont condemn ? Now the terrorist is given safe haven. Is Malaysia becoming hub for corrupt terrorists?

A friend message to say he is excited about one FPO by TM .The TM share now is 6.17. He is given advantage discount of 2.70 rgt , meaning he only pay 3.47 for one share of TM FPO. The financial adviser says this is opportunity of the century . Im not very sure, i told him. FPO got such thing, Follow-on Public Offering. But not sure about this FPO in Malaysia. I check TM announcement, no such thing FPO made. Could it be a scam? Can anyone help verify with TM?

XOX is another Magnificient 50 THAT IS STILL 5B NOSH. Now 2.5c, dont be like a bird cheap cheap cheap. At 2c entry , when it finally settle at 0.5c one day before 30 to 1 , you could lose 80% of your capital. unbelievable but true .

Today , the so called cockperate exercise of Fintec from 30shares to 1 share has been completed. It is now 16c. For those who bought @1c-3c before the exercise, your avg price have been adjusted to 30c-90c. As at 16c now, your paper loss range from -50% to -80%. just because it looks cheap @1c or 3c. This cocperate exercise is as good as useless for you minority shareholders.

We are in democratic process of electing a POLITICAL candidate, why the Fxxx politicians bring in God? Are you bastxxx trying to fool the voters by mentionning God in your political campaign? Election Commission, can you please STOP these Basstxx from dragging ALLAH name into Election? You are as good as useless regulator

HONGSENG, XOX,FINTEC are the MAGNIFICIENT 3 stocks with 5billions toilet papers to be "burned away" and left with 3.3% of the original qty in hand . After that , they may print more toilet papers again. And they call it kock-per-rape exerecise !!!!

Avoid recently 30:1 type of counters. It is PUMP TO DUMP by downsizing the NOSH. Once you are traped, new 1 billion toilet papers will be issued via PP/RI/ESOS. And the share price will drop from 20c to 1c AGAIN after 1 yr. The bad kokperate habits of printing toilet papers is still rampant. Vsolar is propsing to print another 336m of toilet papers again

Malaysia to become the HUB for corrupt billionaires when "home holiday detention" is made a consensus, as 50,000 criminals and killers will be set free in the "home"

counters with many courts cases type, dont touch. Because got many rubbish to clear and time wasted on unproductive matters.

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 .

$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

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?

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...

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.