THRIVEN looking good. Last chance to buy back.....

Monday...Tuesday...Wednesday....LIMIT UP !!

THRIVEN will fly on Monday....LIMIT UP !!

Hope that all Minority Shareholders will VOTE in EGM on 2March to throw out TAN and family of crooks. SUPPORT GOH in VOTING in EGM. PLs attend EGM or send in your Proxy Forms and Vote to make Change the Management/Directors. Next month will be interesting for TIGER.

Its looking very likely that TWL will be forcing GOH to eventually make a GENERAL OFFER for all Tiger shares. Its only logical and GOH has the bullets for a GO too!

Superwisdom - you are obviously new to Tiger. Since last year when TWL reduce the share cap from 1.7Bil shares to 425Mil shares (4 -->1 consolidation). Then he proposed 750Million new shares at supposedly 10sen from conversion of Redeemable Notes $75mil RN. Plus TWL issued another 120Mil ESOS shares to his own family ( TWL; Wife and sister as directors) at 6sen. Total No of shares ballooned from 425Mil shares to current 1.269Billion shares. TWL issued most of the RN at between 6 - 8 sen to parties acting in concert PAIC. All this while the NTA of Tiger is at least 40sen ?
On top of that, Tiger should be flush with cash from the redeemable notes and ESOS of $50mil. BUT WHERE IS THE CASH ? ? ?

Lee, whoever party has the majority support of the shares in absolute amount can call an EGM and vote in the new Management. Currently, Goh has 25% Vs TWL 8% but TWL may still have NOMINEES Acs and PAIC in excess of 25% to control Tiger. Must bear in mind, this parasite issued 750million additional shares from RN @6 -8 Sen and also about 100million ESOS shares at 6sen to himself and probably related Parties Acting in Concert. So not so clear cut yet but at least, it's an encouraging good start.

Dragonslayer you are wrong. TWL is not habis yet. His disposal are via Direct Business Transactions deals meaning right hand to left hand. Probably transferring to his NOMINEES Accounts or PAIC. Otherwise GOH would have already called an EGM to kick out the whole dishonest and crooked BOD. NOT so easy to dislodge this parasite.

TIGER Score Update
BUY - GOH 310Mil (+23Mil) = 24.5%
SELL -TWL 102Mil (Force Sell - 63Mil) = 8%

Keep the pressure ON UNTIL TWL is bankrupt and totally out of TIGER.
This Parasite needs to be taught a good lesson on how it feels to lose money.
LESSON : Don't cheat and betray investors who trust you for your own benefit.

https://www.thestar.com.my/business/business-news/2017/12/12/rm147bil-takeover-offer-for-oldtown/

Goh, being the largest shareholder with 288Mil or 23% shares, cannot control Tiger IF TWL and persons acting in concert (PAIC) have more shares than Goh. You can only absolutely control a PLC with more than 50% of the shares. Obviously before this, TWL + PAIC had more controlling shares than Goh. The good thing is that Goh is still buying whereas TWL is still force selling. Hopefully, TWL will be forced out as he is highly geared with margin financing. Every time price drop, he will need to force sell his shares until he loses control of Tiger. Therefore, Tiger needs to drop more until he has no more Tiger shares. Goh is someone who's managed and sold out a billion dollar company to benefit all the Old Town shareholders. He will make Tiger roar again.

Good news !! TWL force sells 56Million Tiger. Now left only 165Mil. Pls continue to force sell until he's totally out and let Goh take management control. Let the price drop some more. This TAN parasite needs to be eradicated for good. He deserves to suffer this misfortune for all the suffering and loss to all the minority Tiger shareholders that trusted him. He betrayed and cheated everyone.

FROM the half year Tiger Accounts ending 31 Dec 2018, Tiger received almost Rm50Million cash from Notes and Private Placement and these funds have "disappeared" into dubious accounts like:

1. Property Development Cost +Rm12Million
2. Inventory + Rm16Million (What Inventory ??)
3. Trade Receivables + Rm 9 Million

Only about Rm8 Million (of Rm 50Million) are in FD Deposits.
For a company with so little revenue and hardly any development, the Accounts looks very "fishy".
TWL may have diverted company funds for his personal use. The substantial increase in Inventory and Trade Receivables of +Rm25Million is very serious RED FLAG to any experienced Analyst. Be aware...this guy is not only dishonest, he may be also be a corporate thief.
#1TIGERMD

TWL better not use Tiger cash rich funds to bail himself out - that's CBT !

TWL still got 222 million Tiger shares to force sell out. Only hope for Tiger is for this parasite to be purged and allow Goh to take management control of Tiger. Even if this means dropping lower to 2-3 sen. TWL will be wiped out as he's 100% margin financed. Probably go bankrupt !

Yes Bursalord888 totally agree with you that Thriven will be the ONE to watch once the market rallies. With strong major shareholders holding 90% of Thriven, there's very little shares in the market. With some good corporate project news, it will fly high!!

TWL is one of the dirtiest and dishonest corporate parasite deserves to be wiped out financially with Seacera now designated PN17. Hope his 16% stake gets forced out next week by margin call together with his 20% Tiger shares. He's sweating bricks worrying about margin accounts stress.
He has to exit Tiger for Tiger to survive as he's squeezing Tiger and all its shareholders to a slow financial death. TIME for Goh to step up.

Looks like the 2 parties are bidding and buying up shares via private placements from the RCN holders who are making 0.002cts gain @ 0.102cts. This proxy war will continue until Goh hits 33% and announce a General Offer. Currently his highest price is 10.2ct. His problem is the outstanding RCN to be issued ( about Rm25million) which will dilute his stake. TAN and family is building up his stake to SELL to GOH for a big profit. Got only needs 50.1% to control a cash rich Tiger ( Cash of Rm75mil from RCN and Rm7mil from private placement). He will get it.

To be honest, the AGM resolutions are standard resolutions for normal business operations. The real issue is what are the intentions of Goh (25%) for Tiger. I am sure there's more to this than meets the eye. I am quite happy as long as Goh maintains or continues to increase his stake. This can only mean that he has confidence in Tiger.
And he will protect his interest and there by, protect the interest of all other shareholders. I base that on his track record of building OLD TOWN COFFEE into a billion $$$ business and creating value to its shareholders. He will do the same for Tiger. Time will tell.

The facts are simple in this scenario. TWL and family are crooks like Najib plundering the Company. They'll will be investigated once any investor makes a report to MACC/SC for fraudulent and insider trading. They treat Tiger like their own bank Account abusing the minority shareholders. But the emergence of a new White Knight has given hope to Tiger. Goh is the co-founder owner of OLD TOWN COFFEE which recently sold to a Dutch Investment Fund for RM1.4Billion and is CASH RICH. So don't even compare a crook short selling Tiger share for small profit against a billionaire. They are not related. There is hope for Tiger cos after all the RCN and Private Placement there is almost Rm40million cash in the bank Account. And GOH knows this.....tomoro we will know.

Jackma123 you're such an idiot.

Best news I've read in a long time about Tiger.

Finally a serious investor and white knight has emerged to TAKEOVER Tiger. Goh Mun Ching was co-founder of Old Town Coffee and having sold his PLC for RM1.47BILLION, Tiger shares is the perfect takeover target for any serious cash rich investor.

TWL and his wife and sister should be booted out from the company via AGM and investigated by SC and MACC for insider trading and manipulation of shares. They totally deserved to be punished for failing their fiduciary duties as directors of Tiger for personal gain.

My 2 sen worth.

Thriven warrants also get 8 for 25 Bonus Warrants.
Warrant Exercise Price adjusted to 48sen.

Thriven warrants even better - get Bonus Warrant and price adjustment. Double Bonus !!

Very good Q2 results - fantastic ! Net Profit Rm11mil (EPS : 3sen) Bonus Issue APPROVED.
Who knows, may even declare INTERIM DIVIDEND ! It's FIREWORKS and Showtime. Get ready to fly.

Q2 results will be out next week. If it's as good as the last quarter,Thriven will fly UP high.
Can only get better when Bonus dates announced. Anytime soon might breakout !

Potential Momentum Stocks - 7 Aug 18
Stock Name: BPLANT (5254)
Entry: Buy above RM1.28
Target: RM1.34 (4.7%), RM1.39 (8.6%)
Stop: RM1.23 (-3.9%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: THRIVEN (7889)
Entry: Buy above RM0.445
Target: RM0.50 (12.4%), RM0.52 (16.9%)
Stop: RM0.405 (-9.0%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

RATIONALE AND JUSTIFICATIONS
After due consideration, the Board is of the view that the Proposed Bonus Issue is the most
appropriate avenue of rewarding the existing shareholders of the Company while at the same time
enhance the Company's capital base as the Proposed Bonus Issue will:-
i. Reward existing shareholders of the Company for their continuous support.

This is the best news for any THRIVEN shareholder. It can only mean one thing.
Get free shares and free warrants and downwards adjustment in warrant price too !
How good is that ? Really good !

The interesting thing about Tiger is that its share price after consolidation MUST be above 10cts otherwise its in default of the RM75Mil RCN issue. (Was originally minimum of 20cts but amended)
So you can expect Tiger to trade above 10sen anytime now.
Actually it may be a "dark horse'. After all, its been pressed down for so long.
It has to rally sometime. What better time then now !!

Thriven soaring high again !!

To be honest, the Q 1 results will hardly make any difference plus/minus ( +/- ) a few million. Thriven needs to complete its current correction, probably continue to drop until it "closes the gap".
Current overall market sentiments still nervous and weak.
Need to be patient. Wait for market to rebound. Then Thriven will soar !

Why Thriven will fly high again. You are on a winning stock - A Hidden Gem.

1. Limited Free Float (15%) in market - all major shareholders/Directors control at least 75-85%;

2. TSM dismissal from 2015 caused sell down (RM 1.10 ==> 20 sen) IS NOW A Positive Factor;
Thriven price will retrace and recover to climb back to higher levels after this correction.

3. Thriven proposed 10% Private Placement Approved ;
To FIX PRICE based on 5VWAP and identify "interested institutional parties".

4. NTA : 41sen Most major shareholders (except Mulpha) entry cost HIGH between 40 - 60 sen;
That's why all major shareholders/Directors are still collecting and NONE Sold Yet.

5. The potential for Thriven will be unlimited going forward. Thriven will be open for business again.
Bank finance will flow. Prime Land for development acquired. Projects successful and prosper.

My 2 sen worth !
So don't worry, Be Happy !!

Share consolidation 4:1 means that 4 shares will become 1. Therefore, your 2230 lots will become 557.5 lots. Total No. of Tiger Shares will reduce from 1.710 Billion shares to 427.5 Mil on 1June18.

The share price will be adjusted ( X 4 ) on 1 June eg Closing Price is 3 cts = 3 x 4 => 12 cts.

Well good luck to you. Its never easy to spot a hidden gem.
Even though you're looking at it but still you don't see it.
Cheers !

Another few days of absorbing the profit taking and overbought position, then you can see some action again. This counter will definitely come back strong. Just do some research. It's a no brainer.
I haven't said this for a long time but this stock "Thriven means to prosper, be fortunate and successful" is a hidden gem !! It will fly very high.
My 2 sen worth.

Thriven is on the threshold of a breakout bull run !!

Thriven Limit Up !

This one getting ready to take off. Seems like market expecting Pakatan win.
if so, THRIVEN will fly again.

At this price 2.5cts, you will definitely make some money as its the base price. They have sold down more than 300Mil Tiger shares to force down the price to this level for two objectives :
1. To propose consolidation and CRN Notes Approval from Bursa; --Approved--
2. To fix Conversion Price of Notes at 2.5cts (or Post-Consol Price :10cts) --In Progress--
(There is a mechanism to achieve this price fixing)

Once the above objectives are achieved, Tiger share price should start to move higher and may even rally as someone collected 300Mil and possibly more shares at very,very low prices. So don't be surprised if there's a big rally coming. At the end of the day, these manipulators are in it for the big money !! Good luck !

DkNY : Even at 20sen after consoldation which is only 5sen pre-consolidation which is the cost price for most shareholders, so NO ONE will make any gain/profit. The only person making lots of Profits/Gain at 20sen will be AOF1 (Tan Choon Seng) totalling Rm75mil from this whole deal.

And you know WHO this Tan will share this R75mil windfall gain with.......the other TAN family.
That's the tragic truth and effect of this Bursa approval.
A big, fat fraud and scam of Tiger minority shareholders.
Typical stealing from the poor and enriching the rich and powerful.

My 2 sen worth.

lbhock123 - Nobody gets any free shares. Even Tan family subscribe for 100Mil RI @8cts in 2016. They also subscribe for 100Mil ESOS at 4.1cts but continously selling all the way down to 2.5cts. Really weird trading pattern. Must be either very stupid people or very,very weak holders OR...

Already done a side deal to transfer the good assets out from Tiger and hand over the PLC to the new Major Fund - Advance Oppurtunity Fund I (AOF1) - Tan Choon Seng ( Another TAN !! ). This AOF1 under Tan Choon Seng will buy cheaply into Tiger with 64% stake under latest proposal.

The interesting point like somebody mentioned is : Who is picking up all the Tiger shares sold by the Tan family ? This PLC is definitely a takeover target now....the Tan family stake is minimal. Anyone can come in and sweep up the shares easily. Maybe there is HOPE.

My 2 sen worth.

Top_10 You cannot compare Tiger to Mulpha.

Mulpha major shareholder Lee Ming Tee is a reknown market operator and they are collecting more Mulpha shares at lower prices controlling about 60% and using share buy-back another 10%.
And also, waiting for the right moment and the right Government for market move. This one is a matter of time. Mulpha Australian assets are already worth lots more than Mulpha market cap.

Tiger, on the other hand, major shareholder is a BN crony politician who has been selling down his stake from 350Mil shares to current 110Mil which is less than 6% of the Company. Why is the Tan family managing and controlling this company in such a fraudulent and irresponsible manner ? IT does seem that the TAN Family is using INSIDER INFORMATION to manipulate Tiger shares ?

Firstly, the Tan Family persistently sold down their Tiger shares from 7->6->5->4->3->2sen and forcing and pressing down the market price. They then propose 4:1 consolidation when the company is profitable with NTA 14sen. Tiger shares reduce to 425Mil shares after consolidation.

Secondly, Tiger originally propose Convertible Notes of RM150 with conversion price of 20sen which would create 750mil new Tiger shares. This proposal was subsequently withdrawn and replaced with a new amended proposal to reduce the Convertible Notes to Rm75mil and also reduce with conversion price to only 10sen but still creating 750MIl new Tiger shares (64%) to a Fund Manager with the existing shareholders 425mil (36%).

The whole scheme is a sham to cheat the honest, gullible, retail shareholders. The Tan family are using first hand Insider Information to cheat its shareholders and forcing the Tiger shares down. They must be accountable and held liable for their mismanagement and fraudulent acts. Bursa Malaysia and the Security Commission must act and investigate this manipulation/fraud.

Time for Change...

Tiger latest proposal is an insult to all its shareholders. The amount of Convertible Notes was reduced from 150il to 75Mil and the conversion price also reduced from 20sen to 10sen AND YET, the share consolidationis remains at 4:1 basis. Bursa/SC MUST NEVER approve such a blatant day light robbery scam.

Where are the corporate governance required from the Directors ?

How can a PLC with NTA per share of 14sen (56sen after consolidation) be sold to predators for a mere 10sen per share (conversion price) causing massive losses to shareholders ?

Why aren't any shares at 10sen offered to existing shareholders ?

Why doesn't Bursa/SC take action on this fraudulent act of cheating shareholders ?

The directors and management of Tiger have insider information and should ALL be charged with insider trading and manipulation of Tiger shares. The main shareholders TAN family have sold down their shareholding from 350Mil Tiger shares to the current 100plus Mil shares.

At the very least, make a formal complaint to Bursa/Security Commission and take a CLASS ACTION against the Management and Directors of Tiger for mismanagement and fraud.

This is what all aggrieved Tiger Sharehoders can and must do.

The positives for this proposal is the cash injection of RM150Mil at 1% to finance ongoing project.. Conversion Price of the Notes to TIGER shares at NOT Less than 20sen ie 750M shares (about 64% of the share issued). Essentially a Takeoverl by AOF1 and Tan Choon Wee of the company.

Looks like 2018 will be the Year of the Tiger. !!
What is a few cents when BITCOIN can climb from 6cts to RM80,000 per Bitcoin.
If you think small then you'll always be left behind. There must be a reason.......

Hopefully some good news for TIGER that can lift and rejuvenate its fortunes. The current owners and management are scavengers and completely hopeless in selling down this stock. It can only go UP.....

Just imagine Bitcoin was only 6cents (USD) in July2010 and today, its US$7,200 (RM30,000).
That means someone with 1Mil Bitcoin is worth US$7,200,000,000 (US$7.2BILLION) !!
Simply amazing fact. And only from an investment of US$60,000 !!!
Hopeless penny stocks can someday shine and turn to gold. Who knows.......

In a world where Bitcoin can shot to more than Rm25,000 per unit and make its investors/owners multi-millionaires with a Market Cap of US$100Billion, its amazing how counters like TIGER languish listlessly at less than 5 sen !! It's pathetic and shows very poor quality management that is clueless with no vision of creating value for the company.

THE constant insider trading of its shares by its hopeless owners are essentially Margin Calls as all the TAN family shares are fully pledged to banks. At these low prices, they're probably drowning financially . So no wonder the only business the company really busy involved is share trading. Really sad for all the minority shareholders !!

This company needs a fresh injection of New Management and Stronger Owners.
My 2 sen worth !!

The good news is that the Private Placement is completed. The current major shareholders are quite hopeless good for nothing parasites selling down their stockholding to less than 18%. Which makes this TIGER stock a potential takeover target as its very undervalued (NTA : 15sen) and any smart predator will consider this counter a damn good potential Takeover target. So for all the poor suffering punters if you have holding power, just hold and wait for this stock to RALLY.
It's already at rock bottom, so it can only go UP. Be patient.

My 2 sen worth !!

Sadly in most cases, until the small shareholders have given up and sold out their shares will the share suddenly take off and rally. Tiger's free float is very big so it'll may take a very very long time to collect more shares for TWL and his cohorts. Who's so generous to go and ramp up the shares for you and everyone else to make money ?? Sorry Tiong, he's eyeing your 1.3million shares....
They are only out for themselves and no one else.

The price is intentionally pressed down to keep the private placement shares LOW. Until now already 85mil PP shares with another tranche (4th Placement) priced at 5.601cts. Probably another 60mil PP shares. Perhaps after that this useless Share may start to rally.