typical goreng stock

limit down?

Notion not the previous Notion, no focus...

@GorengGroupFB
thanks for listed those scam companies, just wonder which companies else involved in this kind of activities, as reported there are 60+ companies. whoever with info, hope be able to provide more companies list. thank you

@yongyong88
agreed with you. copy paste with same contents may annoy someone who keep reading the same posts, at the same time, it may helps and alerts the new comers/newbie who pass by here =)

@limit_up_soon @numberone
Thanks for all the precious info and details. I figure out myself, price rise i am happy, but i am painful if the price getting lower and i can't afford to bear it. BYE BYE XOX.
pray the price rise for those still holding, good luck!

someone said XOX won't consolidation, i don't understand. i couldn't get any info related to the exception rules for consolidation. i am concerned more on share consolidation, as the XOX share price quite low now, it may getting lower but it wont hurt as much as if the company goes for consolidation. anyone here can enlighten me? Thank you. below is the relevant source from the Bursa Academy:

Source: BURSA ACADEMY | Published: June 2020

Corporate actions are decisive events or changes initiated by publicly listed companies that might affect itself. Typically, these actions happen when a public company is changing materially – and these changes might reflect positively or negatively on the equity or debt securities issued by it.

In other words, a corporate action directly impacts its shareholders, stockholders and bondholders. Hence, decisions to make such changes must have the approval of the company's directors.

Corporate actions include rebranding, spin-offs, mergers, acquisitions and rights issues as well as important financial decisions such as issuing dividends. Another kind of corporate action is share consolidation.

Share consolidation (also called a 'reverse stock split' or a 'reverse share split') is a corporate action initiated by a company to combine a set number of shares into one share. This consolidation reduces the number of shares trading on the stock exchange without reducing their combined value.

Although share consolidation leaves shareholders with numerically fewer shares, the shareholding's value and rights remain unchanged.

For example, if the consolidation – or the reverse split – is 10 to 1, then every 10 shares will be reduced to 1. Hence, if you are holding 50,000 shares of a company, it will be divided by 10 and your new holding would be 5,000. However, the worth of your investment will remain unchanged although your holding has changed. When a share is consolidated, the price per share will be valued to the number of reverse splits and, in this case, your investment will be multiplied by 10. Therefore, if before consolidation the price per share was RM0.01, it will now be worth RM0.10 per share after consolidation.

As this kind of corporate action might affect its image, a company must have a solid reason to go in for share consolidation. When the value of the company's stock drops to a point near or below the minimum price of shares, the only way to drive it up is by increasing the price per individual share through share consolidation. Increasing the price ensures the survival of the company's shares in the exchange.

To some companies, having a high price per share is important to attract many mainstream investors as not many would be keen to deal with a company whose stock is below the minimum price.

Planning a spin-off is another reason for share consolidation. A spin-off happens when a company creates a new and independent company from one of its existing divisions or business activities. The new shares in the new company are expected to be worth more when sold or distributed. The share price of the existing company usually increases due to the impact of the consolidation.

Share consolidation was popular in the post dot-com bubble era (at the turn of the century) when many internet-related companies saw their stock price decline to worthless levels. It is also common for many small, non-profitable research and development companies around the world to undergo share consolidation simply to maintain their listing on a premier stock exchange.

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.

@Abc234567
i am curious why XOX wont consolidate, can you enlighten me? i am serious and wish to know more, hope you can answer me when you free. No offend. thank you

...Below counter are consolidate, can u go for study why these can hapen?
Xox wont consolidate, if u dont know, later let me inform you....

agreed with @numberone, most importantly be cautious with stocks that link to the relevant persons, be more more alert ...

Take note and keep reminding each other on their tactics
Remember these 3 persons.
1. Eddie Chai Woon Chet
2. Roy Ho Yew Kee
3. Ng Kok Heng

@limit_up_soon Thanks for the info. thanks for listed the relevant companies manipulated by the same group of operators, so that retailers can be alerted before buying those companies. thank you

等到花儿都謝了 。。。

congrats to all who hold :)

paktua, please add me 0195214923. Thank you

landed at Holland

@philip Greta
I dun wanna go in lengthy for self-explanatory.
Firstly: it is just my opinion and not you or others else
Secondly: my stated 'NOW ' is refers to the uncertainty which is not finalised yet, is not a confirmation stage.
Thirdly: pls read it collectly, I invest in the company for its good business prospect, good management, etc. Everyone dun like uncertainties, but it is part of the risk we need to take if you wanna invest in the share market. If you can't even accept the risk, u might as well leave it or put your money into the FD.

~~~~~~~~~~~~~~

Philip Greta investing is about buying today for future results. any form of uncertainty is bad for future estimates. The best investments are boring, profitable businesses where you know exactly how it will perform year in and year out so you can collect more and more money.

if you invest for what a company is doing now, not years down the road, then I think you should not be investing at all.

>>>>>>>

At first i extremely fear as there are too huge volumes transacted. but then, i think why wanna scared as it has less or no impact to company NOW. it could be any good/bad development in future, then lets market decide when the time comes.. jz my 2 cents

no power up

@sapurakencana thumbs up to you...hopefully the price goes up as you said.

roger3210 dont hope on QR, confirmed not that good.
28/08/2019 11:46 AM

although i am hoping a good QR, i m negative about the quarterly report also... haha

@jeffths2898 hope so...haha

why suddenly up? any news?

@Depeche fully agreed

directors kept selling, anythings that insider knows that we don't know?

vomiting...

jaycorp after long rest.. see how far it can go :)

keep lower and lower, a typical rubbixx co. x.x

holding skpres is painful.. ToT

price collapse .. O.o

although huge volume support, price slowly drop??!!

good closed. Tq hevea!

hevea Gogogo!

thks live168 :)

do anyone can clarify on recent mega govt projects which were scrapped such as HSR, MRT3, etc.. that involved Kimlun?

@JamesPond Noted. Thank you :)

market price now 0.575 ..cheaper than right share price *.*

from the prospectus:
“Successful applicants of the Rights Shares will be given Bonus Shares and Warrants on the basis of one (1) Bonus Share and one (1) Warrant for every two (2) Rights Share successfully subscribed for. You are always entitled to accept part of your entitlement to the Provisional Allotments, PROVIDED ALWAYS that the minimum number of Rights Shares that may be accepted is one (1) Rights Share, but you would not be entitled to any Bonus Shares and Warrants. ”

If i am entitled to 1.8 right shares, how many bonus & warrant shares do i get? I get 500 units or 900 units of bonus & warrant shares? i am confused and first time come accross these thing, anyone can help? thank you!

slowly heading to holland land...welcome!

price now 0.610, from .. to penny stock -.-

one way ticket...

@ Lapu, i just got to know can subscribe right issue via internet banking, i am learning also..
From the bank website info, right subscribe via internet banking do not need to pay for stamp revenue, ist?

@tzerteoh
thanks for the info sharing :)

just notice that we can subscribe right issue via internet banking, can anyone share what's the procedure to subscribe through internet banking? Sorry for my innocent question...hope someone can explain, tqvm.

can buy?

price is been adjusted!

LOL... i have feel too like pump and dump!

any good news? suddenly price surged?

london bridge is falling down... *.*

a long long journey to go.... when is the Johor fabric mill be completed? i guess the building cost could be too too much over their budget.. just my opinion -.-

price slowly slowly down..bye2 Prolexus

disappointed!