whistlebower99

whistlebower99 | Joined since 2021-03-26

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Stock

8 minutes ago | Report Abuse

Don't get overly excited by the quarterly profit.
Cronies, operators subscribers of LA have converted massive units of LA to ordinary shares to release to market retailers

==============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

Stock

6 minutes ago | Report Abuse

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent 2,822,000

https://www.klsescreener.com/v2/stocks/financial-report/7079/2023-12-31

==================
'Good job' by directors to churn out some profit
But the EPS is negligible due to huge NOSH of 5,402,565,767 shares

==============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

Stock

5 hours ago | Report Abuse

FOR NEWBIES

On behalf of the Board, UOBKH wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants as at 5.00 p.m. on Thursday, 22 February 2024, the total acceptances and excess applications for the Rights Issue with Warrants were 239,553,486 Rights Shares, which represents an over-subscription of 11.27% over the total number of 215,281,192 Rights Shares available for subscription under the Rights Issue with Warrants, the details of which are set out below:-

......................................................................No. of Rights Shares with Warrants....................%

Acceptances................................................................................77,480,011...........................35.99

Excess applications....................................................................162,073,475........................75.28

Total acceptances and excess applications.......................239,553,486................111.27

Total Rights Shares with Warrants available for subscription.............215,281,192.........100.00

Over-subscription.............................................................................................24,272,294..................11.27


The Rights Shares and Warrants B are expected to be listed on the ACE Market of Bursa Securities on 7 March 2024.

===================
Normal acceptance at a low of 35.99%
Could be due to low retail shareholders application

Excess applications at extremely high of 75.28%
Could be due to support from cronies, operators to ensure successful fund raising for directors

==================
Next date to look out for is the listing on 7 March 2024

https://www.klsescreener.com/v2/announcements/view/6603251

Stock

9 hours ago | Report Abuse

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent -9,050,000

Another quarter of losses

https://www.klsescreener.com/v2/stocks/financial-report/0041/2023-12-31

==============
NOSH = 5,108,416,768
WB = 1,701,116,566

NOSH too huge for price to be pushed up and supported
More likely for directors to propose shares consolidation in near future to enable themselves to restart fund raising activities via shares issuance to RI, PP, ESOS etc




Stock

1 day ago | Report Abuse

For many days operators and cronies generating top volume trying to attract punters, newbies, fomo into the game.
Be very careful it might eventually have seller quote at 0.005 if directors propose shares consolidation to trim down the NOSH and restart fund raising via shares issuance to RI, PP and ESOS

Stock

1 day ago | Report Abuse

FOR NEWBIES

NOSH = 2,467,787,479
WA = 26,552,111

NOSH above 2 BILLION shares due to massive fund raising by directors using shares issuance to PP, ESOS

https://www.klsescreener.com/v2/stocks/view/0007/puc-berhad

Loss making in multi quarters and multi years

==============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

==========
Be careful holding high NOSH penny stocks, many of which had undergone shares consolidation followed by fund raising by directors via rights issue causing huge losses to long term shareholders.

Stock

1 day ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX, CYBERE (MINDA)
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

1 day ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

1 day ago | Report Abuse

PROPOSED SHARE CONSOLIDATION

On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 26 February 2024, approved the Proposed Share Consolidation.

This announcement is dated 26 February 2024.

=================
Fast approval from bursa authority
Implementation of share consolidation coming very soon.

Stock

1 day ago | Report Abuse

FOR NEWBIES

CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN CYBERJAYA EDUCATION GROUP BERHAD (FORMERLY KNOWN AS MINDA GLOBAL BERHAD) ("CYBER" OR THE "COMPANY") ("CYBER SHARE(S)") INTO 1 CYBER SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

Ex-Date 11 Mar 2024
Entitlement date 12 Mar 2024

================
Take note of share consolidation ex-date
Your shareholdings will be reduced by 10 times

Current NOSH = 1,679,048,647 will be reduced to 167,904,864 (very lean !!!)

After share consolidation, directors will likely start to raise more fund via share issuance to PP, ESOS, RI or asset acquisition

With new NOSH = 167,904,864, it might be easier for operators and cindy kate to play up the prices


Stock

2 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

6 days ago | Report Abuse

FOR NEWBIES

FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Stock

1 week ago | Report Abuse

FOR NEWBIES

AEM NOSH of 2,163,503,889 shares have been consolidated to 216,350,326 shares
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3423047


WB = 108,172,049 with exercise price increase by 10x to
Exercise price adjusted from 0.05 to 0.50 !!!
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3423049

The Consolidated Shares will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 22 February 2024.

Next is to wait for directors to announce fund raising via shares issuance to RI, PP, ESOS or asset acquisition






Stock

1 week ago | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 242,192,937 NEW ORDINARY SHARES IN FAST ENERGY HOLDINGS BERHAD ("FEHB" OR THE "COMPANY") ("FEHB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.09 PER RIGHTS SHARE, ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING FEHB SHARE HELD, TOGETHER WITH UP TO 121,096,468 FREE DETACHABLE WARRANTS IN FEHB ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR, AS AT 5.00 P.M. ON WEDNESDAY, 31 JANUARY 2024 ("RIGHTS ISSUE WITH WARRANTS")

Date for commencement of trading of rights 02 Feb 2024
Date for cessation of trading of rights 15 Feb 2024

Acceptance and Payment 22 Feb 2024 05:00 PM
Excess share application and payment 22 Feb 2024 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 29 Feb 2024

Available/Listing Date 07 Mar 2024
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3415274

==================
Take note tomorrow 22 Feb 2024 is last day for rights shares subscription if you are paying money to the directors fund raising activity

Wait for 29 Feb 2024 to see the subscription statistics......will it be oversubscribed or otherwise ?

Stock

1 week ago | Report Abuse

FOR NEWBIES

TAKE NOTE OF RECENTLY COMPLETED CORPORATE EXERCISE :-

A. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("COMPANY") ("MMAG SHARE(S)") HELD AS AT 5.00 P.M. ON 30 OCTOBER 2023 ("ENTITLEMENT DATE") INTO 1 MMAG SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")
https://www.klsescreener.com/v2/stocks/announcement/0034/2481685

2,422,391,577 MMAG Shares consolidated into 242,239,061 Consolidated Shares on 31 October 2023

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B. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,453,434,366 NEW ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 SHARE HELD AS AT 5.00 P.M. ON 21 DECEMBER 2023 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 726,717,183 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
https://www.klsescreener.com/v2/stocks/announcement/0034/2482055

Listing of 1,453,434,366 Rights Shares together with 726,717,178 Warrants on 23 January 2024.

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Before share consolidation, NOSH = 2,422,391,577
After share consolidation and rights issue, NOSH = 1,695,673,427
Again BILLION of shares issued !!!

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

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Current NOSH of 1,695,673,427 will continue to rise if directors continue with the bad habit of raising fund via shares issuance to PP, ESOS, RI, asset acquisition...
Retail shareholders equity % and EPS will continue to be diluted by massive shares issuance
Company directors collected lots of money from subscribers of rights issue

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If company continue with annual losses, price will likely drop back to the level before share consolidation

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Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

Stock

1 week ago | Report Abuse

Is this another high NOSH low price loss making penny stock waiting for directors to propose shares consolidation and more fund raising via rights issue, PP, ESOS, etc in the near future ?

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Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

Stock

1 week ago | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF 2,148,181,818 NEW ORDINARY SHARES IN SCBUILD/0109 ("SCBUILD/0109 SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.005 PER RIGHTS SHARE ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 SCBUILD/0109 SHARE HELD ("RIGHTS ISSUE")

Take note listing of 2,148,181,818 rights shares on 21 Feb 2024

Total NOSH= 3,222,272,727 (exceeding 3 BILLION shares !!!)

Be careful of long term holding on high NOSH low price loss making penny stocks, many of which had undergone shares consolidation undertaken by 'smart' directors for fund raising

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3421668

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3422463

Stock

1 week ago | Report Abuse

FOR NEWBIES

Original LA issued size = 5,563,981,607
Outstanding LA remaining = 1,663,867,891

Major & crony subscribers of LA have been actively converting their LA to ordinary shares to release to market retailers

NOSH for ordinary shares has increased drastically to 5,396,565,767 causing massive dilution of retailer shareholding % and EPS

WD = 807,426,209
WE = 237,663,002

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3362639

https://www.klsescreener.com/v2/stocks/view/7079/twl-holdings-berhad

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Very heavy elephant, Not easy to push.

Be careful holding high NOSH low price penny stocks, many of which have undergone shares consolidation by 'smart' directors'

Latest is FINTEC

Stock

1 week ago | Report Abuse

FOR NEWBIES

PROPOSED PRIVATE PLACEMENT OF UP TO 152,314,000 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 10% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER

On behalf of the Board, Interpac wishes to announce that the Board had on 19 February 2024 (“Price-fixing Date”) fixed the issue price for the first tranche of the Proposed Private Placement at RM0.0647 per Placement Share (“Issue Price”).



The Issue Price represents a discount of approximately 9.89% to the 5-market day VWAP of the Shares up to and including 16 February 2024, being the last trading day immediately preceding the Price-fixing Date of RM0.0718.

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Directors again doing fund raising via shares issuance to PP and maybe ESOS in near future

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Continue to monitor NOSH and number of shares issued.