whistlebower99

whistlebower99 | Joined since 2021-03-26

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Stock

2023-04-12 09:52 | Report Abuse

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6

Stock

2023-04-12 09:17 | Report Abuse

FOR NEWBIES

DPS RESOURCES BERHAD ("DPS" OR "COMPANY")

(I) PROPOSED SHARE CONSOLIDATION;
(II) PROPOSED RIGHTS ISSUE;
(III) PROPOSED ESOS;
(IV) PROPOSED EXEMPTION I; AND
(V) PROPOSED EXEMPTION II.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 15 March 2023, resolved to grant the Company an extension of time until 28 April 2023 to comply with Paragraph 9.33(1)(b) of the Listing Requirements for the issuance of the circular to its shareholders in relation to the Proposals.

This announcement is dated 16 March 2023.

================
Look out for more announcement
Implementation date not far away

Stock

2023-04-12 09:11 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI") ("BINA PURI SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

Ex-Date 24 Mar 2023
Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023
Acceptance and Payment 11 Apr 2023 05:00 PM
Excess share application and payment 11 Apr 2023 05:00 PM

=============================
Take note of next important date :-

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Apr 2023

Available/Listing Date 21 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3335873

===============
Rights issue price RM0.035 PER RIGHTS SHARE
Current share price 0.03 - 0.035 !!!

=================
Most likely rights issue application under-subscribed by retail investors
Most likely right excess application supported by proxies, operators and friendly penny stocks company

=================
Nosh will increase by maximum of 1,402,258,933 to 3,461,568,562 after completion of RI
New warrant = 280,451,788 (maximum sceario)
Multi BILLION NOSH loss making penny stock

===========
TAYOR

Stock

2023-04-11 11:52 | Report Abuse

FOR NEWBIES

1. Proposed settlement of debt owing to Dato' Yek Siew Lee in the sum of RM3,658,107 to be fully satisfied through the issuance of 25,606,770 Ordinary Shares in the Company("Settlement Shares") at an issue price of RM0.10 each and 21,948,600 New Irredeemable Convertible Preference Shares ("ICPS") at the issue price of RM0.05 each

2. Proposed Settlement of debt owing to Travix Design & Renovation Sdn Bhd in the sum of RM11,808,459 to be fully satisfied through the issuance of 82,659,240 Settlement Shares at an issue price of RM0.10 each and 70,850,700 new ICPS at the issue price of RM0.05 each

3. Proposed settlement of debt owing to Midland Sands Sdn Bhd in the sum of RM14,125,578 to be fully satisfied through the issuance of 98,879,080 Settlement Shares at an issue price of RM0.10 each and 84,753,400 new ICPS at the issue price of RM0.05 each

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334813

All above proposals approved in EGM
https://www.klsescreener.com/v2/announcements/view/4564443

============
NOSH = 441,667,493
WB, WC, WD = ???

Directors will continue to raise fund via massive shares issuance for PP, ESOS, debt settlement, etc
NOSH will eventually exceed 1 BILLION in near future with continuous shares issuance

===========
Long term loyal shareholders will see their shareholding equity % reduced with each shares issuance

===========
TAYOR

Stock

2023-04-11 10:29 | Report Abuse

FOR NEWBIES

DGB ASIA BERHAD ("DGB" OR "COMPANY")
- OFFER AND GRANT OF OPTIONS UNDER SHARE ISSUANCE SCHEME OF THE COMPANY

1. Date of Offer of the Options : 4 April 2023
2. Exercise price of Options offered : RM0.010
3. Number of Options offered : 96,700,000
4. Closing Market Price of the Company's shares on the Date of Offer : RM0.010
5. Number of Options offered to the Directors of the Company : Nil

This announcement is dated 4 April 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3341932

=================
Multi year loss making company
Directors continue raise more fund via share issuance to ESOS, PP
NOSH = 1,785,733,078 continue to increase
WC = 478,188,586
Dilution of long term retail shareholders equity % and EPS

=======================
Don't be deceived by the low ESOS price
Be careful trading and holding high NOSH loss making penny stocks many of which had share consolidation followed by rights issue to raise more funds for directors

===================
TAYOR

Stock

2023-04-11 10:16 | Report Abuse

FOR NEWBIES

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE
(I) PROPOSED DIVERSIFICATION OF THE BUSINESS OF VSOLAR AND ITS SUBSIDIARIES TO INCLUDE THE SUPPLY, TRADING, INSTALLATION, ASSEMBLY AND TESTING OF SPARE PARTS FOR RAILWAY VEHICLES;

(II) PROPOSED CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR ("VSOLAR SHARES" OR "SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE"); AND

(III) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 791,850,044 NEW ORDINARY SHARES IN VSOLAR ("RIGHTS SHARES") TOGETHER WITH UP TO 395,925,022 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 2 WARRANTS C FOR EVERY CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342410

================
Be informed of share consolidation of 30:1 followed by fund raising by directors via massive rights issue exercise

Directors stand to collect lots of money from fund raising
Easy and quick way to get money instead of generating profits from business operations

17 years of continuous annual losses !!!
https://www.klsescreener.com/v2/stocks/view/0066/vsolar-group-berhad

Loyal long term retail shareholders will incur huge losses from the share consolidation and have to fork out more money to subscribe for the rights shares if wish to.

Current NOSH = 4,834,933,699
WB = 821,461,526

Upon completion of above proposal, NOSH will likely still exceed 1 BILLION shares !!!

================
TAYOR

Stock

2023-04-11 09:39 | Report Abuse

FOR NEWBIES

Multi year, multi quarter loss making penny stock
Directors continue to issue more shares to ESOS and PP to raise more fund
Dilution of shareholders equity % and EPS

NOSH = 914,961,482 will continue to rise to BILLION shares in near future
WB = 457,480,739

===================
SINARAN ADVANCE GROUP BERHAD ("SAG" OR THE "COMPANY") - OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY ("ESOS")

1. Date of offer 10 April 2023
2. Number of SAG options offered 137,244,222 units
3. Exercise price of options offered RM0.065
4. Closing price of SAG Shares on the date of offer RM0.065
5. Number of options offered to directors of the Company Nil

This announcement is dated 10 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3343254

==============
Be careful trading, holding high NOSH loss making penny stocks, many of which had share consolidation followed by rights issue causing huge losses to loyal long term share holders

TAYOR

Stock

2023-04-11 09:28 | Report Abuse

FOR NEWBIES

DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR THE "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE

On behalf of the Board, Mercury Securities wishes to announce that Dolphin had, through Mercury Securities, submitted an application to Bursa Securities for the withdrawal of its application in relation to the Proposed Share Consolidation and Proposed Rights Issue.

The Board’s decision for the withdrawal was made in order to revisit the structure of the Proposed Rights Issue. An announcement on the revised Proposed Rights Issue will be made in due course.

This announcement is dated 10 April 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3343031

==================
Be informed that directors likely to submit revised proposal for share consolidation and rights issue for fund raising

NOSH = 1,337,883,048
WB = 183,150,003

==================
TAYOR, don't be caught at high price

Stock

2023-04-10 21:52 | Report Abuse

FOR NEWBIES

RESULT OF RIGHTS SUBSCRIPTION

On behalf of the Board, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 3 April 2023, the Company had received valid acceptances and excess applications for a total of 1,733,308,505 Rights Shares, representing a subscription rate of 95.03% over the total number of Rights Shares available for subscription under the Rights Issue with Warrants.

Details of such valid acceptances and excess applications received are as follows:

...........................................................No. of Rights Shares............% of total issue
Total valid acceptances 607,513,648 33.31
Total valid excess applications 1,125,794,857 61.72
Total valid acceptances and excess applications 1,733,308,505 95.03
Total Rights Shares available for subscription 1,823,949,933 100.00
Not subscribed for 90,641,428 4.97

Successful applicants of the Rights Shares will be given Warrants on the basis of 2 Warrants for every 3 Rights Shares successfully subscribed for.

This announcement is dated 10 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3343049

======================
Rights application only 33.31%, could mean many retail investors not subscribing
Excess application is high at 61.72, could be subscribed by friendly parties, proxies, operators and other penny stocks company

===================
Similar scenario with recent penny stocks fund raising exercise via rights issue

==================
Be alert of possible frying of share price by major rights subscribers for quick profits

Eventually the share price will likely dropped below rights issue price 0.065 when major rights subscribers have released most of their shares to market

=================
TAYOR


Stock

2023-04-10 21:36 | Report Abuse

FOR NEWBIES

JOE HOLDING BERHAD ("JOE" OR "THE COMPANY") - OFFER AND GRANT OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of JOE wishes to announce that it has offered options to the Director under its Employees Share Option Scheme (“ESOS”).

(a) Date of offer 10 April 2023
(b) Exercise price of options offered RM0.015
(c) Number of JOE options offered 458,867,880 options
(d) Closing market price of the Company’s shares on the date of offer RM0.015
(e) Number of Options offered to the Company’s Director under the ESOS NIL
(f) Vesting period Not applicable.

This announcement dated 10 April 2023.

https://www.klsescreener.com/v2/announcements/view/4706315
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3343260

================
Take note of another fund raising by directors via massive shares issuance to ESOS

More dilution of shareholders equity % and EPS

=================
Current NOSH = 3,059,119,200 will rise to about 3.5 BILLION shares
WA = 611,774,754
WB = 917,735,760

Very heavy mother with 2 big babies
More than 4.5 BILLION shares and warrants combined

Many penny stocks with high NOSH have done share consolidation to reduce the NOSH

================
TAYOR

Stock

2023-04-10 11:37 | Report Abuse

FOR NEWBIES

At end of today 10 April will be the announcement of the rights subscription result

Operators, Cindy & Kate could be pushing up to release their shares before the listing date on 17 April 2023

On 17 April, is the listing of additional 1,862,402,877 rights shares (maximum scenario) together with a maximum of 1,241,601,918 of new warrants.

===============
TAYOR, set realistic targets, don't be caught at high share and warrant price

Stock

2023-04-10 10:12 | Report Abuse

EDUSPEC-OR trading at 0.005
Most likely rights issue subscription will be supported by friendly parties, proxies and friendly penny stocks with money from fund raising

Stock

2023-04-10 09:39 | Report Abuse

FOR NEWBIES

1. Consolidation of every 20 existing ordinary shares in Eduspec (“Eduspec Shares” or “Shares”) into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”);

Ex-Date 23 Mar 2023
NOSH before consolidation = 3,046,287,361
NOSH after consolidation (20:1) = 152,314,368
Price after consolidation = 0.20

WB before consolidation = 275,453,358
WB after consolidation = 13,772,667
Maturity 2024-09-30
Adjusted Exercise price = 2.00

==================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 996,517,704 NEW ORDINARY SHARES IN EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") ("EDUSPEC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE TOGETHER WITH UP TO 498,258,852 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 7 APRIL 2023 ("RIGHTS ISSUE WITH WARRANTS")

=================
Ex-Date 06 Apr 2023
Closing price on 5 April = 0.24
Ex price = 0.06 - 0.08 (estimated)

=================
Date for commencement of trading of rights 10 Apr 2023
Date for cessation of trading of rights 17 Apr 2023
EDUSPEC-OR reference price = 0.065
10 Apr 2023 9.40am OR trading @ 0.01

================
Tale note of next important date:-

Acceptance and Payment 25 Apr 2023 05:00 PM
Excess share application and payment 25 Apr 2023 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 02 May 2023

Available/Listing Date 10 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3339177

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3339178

================
Directors set to raise up to a maximum of 996,517,704 X 0.03 = RM29,895,531
Faster and easier than generating profits from business operation

================
Long term loyal shareholders have their shareholdings consolidated and have to fork out more money to contribute to directors fund raising activity if intend to subscribe for the rights shares.

=================
TAYOR

Stock

2023-04-10 08:50 | Report Abuse

FOR NEWBIES

(I) PROPOSED INTERNAL REORGANISATION; AND
(II) PROPOSED ESOS

(i) proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act 2016 (“Act”) (“Scheme”) comprising the following:

(a) proposed share exchange of up to 565,941,589 ordinary shares in Ageson (“Ageson Share(s)”) as at 31 March 2023, being the latest practicable date prior to the date of this announcement (“LPD”), representing the enlarged issued share capital of Ageson assuming full conversion of all the outstanding Ageson ICPS (as defined herein), with up to 565,941,589 new ordinary shares in Afton Berhad (“Afton”) (“Afton Share(s)”) on the basis of 1 new Afton Share for every 1 existing Ageson Share held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Exchange of Shares”);

(b) proposed share exchange of up to 254,281,099 irredeemable convertible preference shares (“ICPS”) in Ageson (“Ageson ICPS”) as at the LPD, representing all the outstanding Ageson ICPS, with up to 254,281,099 new ICPS in Afton (“Afton ICPS”) on the basis of 1 new Afton ICPS for every 1 existing Ageson ICPS held on the Entitlement Date (“Proposed Exchange of ICPS”); and

(ii) proposed establishment of an employees’ share option scheme (“ESOS”) of up to 15% of the total number of issued Afton Shares (excluding treasury shares, if any) at any point in time during the duration of the ESOS for the eligible executive directors and employees of Afton and its subsidiaries, excluding dormant subsidiaries and foreign subsidiaries incorporated out of Malaysia, if any, who fulfil the eligibility criteria as set out in the by-laws of the ESOS (“Proposed ESOS”) upon the completion of the Proposed Internal Reorganisation.

Please refer to the attachment for further details on the Proposals.

This announcement is dated 7 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342861

=================
Effectively, company name will be changed from Ageson Berhad to Afton Berhad

Name Ageson not good fengshui due to management issues ?




Stock

2023-04-07 12:50 | Report Abuse

FOR NEWBIES

Be careful trading high NOSH low price penny stocks

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 due to the corporate exercises

List of penny stocks with shares consolidation :-

023 in progress - VSOLAR, DOLPHIN, TECHNAX, ICON, PASUKGB

2023 completed = MERIDIAN, AIM, 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,.........

====================
TAYOR, don't be caught in share consolidation exercise

Stock

2023-04-07 12:42 | Report Abuse

FOR NEWBIES

Take note of the dates.

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 18 APRIL 2023 INTO 1 PASUKHAS SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Ex-Date 17 Apr 2023
Entitlement date 18 Apr 2023

Stock

2023-04-07 12:35 | Report Abuse

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares as at April 2023 :-

AEM, AT, BCMALL, BORNOIL, BPURI, COMPUGT, FINTEC, FOCUS, EAH, G3, GOCEAN, JOE, KGROUP, MMAG, PHB, TAWIN, TWL, VIZIONE, VSOLAR, XOX, TALAMT, XDL, ZENTECH.....

EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)

VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)

ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.

================
TAYOR

Stock

2023-04-07 12:35 | Report Abuse

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares as at April 2023 :-

AEM, AT, BCMALL, BORNOIL, BPURI, COMPUGT, FINTEC, FOCUS, EAH, G3, GOCEAN, JOE, KGROUP, MMAG, PHB, TAWIN, TWL, VIZIONE, VSOLAR, XOX, TALAMT, XDL, ZENTECH.....

EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)

VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)

ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.

================
TAYOR

Stock

2023-04-07 12:34 | Report Abuse

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares as at April 2023 :-

AEM, AT, BCMALL, BORNOIL, BPURI, COMPUGT, FINTEC, FOCUS, EAH, G3, GOCEAN, JOE, KGROUP, MMAG, PHB, TAWIN, TWL, VIZIONE, VSOLAR, XOX, TALAMT, XDL, ZENTECH.....

EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)

VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)

ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.

================
TAYOR

Stock

2023-04-07 12:33 | Report Abuse

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares as at April 2023 :-

AEM, AT, BCMALL, BORNOIL, BPURI, COMPUGT, FINTEC, FOCUS, EAH, G3, GOCEAN, JOE, KGROUP, MMAG, PHB, TAWIN, TWL, VIZIONE, VSOLAR, XOX, TALAMT, XDL, ZENTECH.....

EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)

VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)

ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.

================
TAYOR

Stock

2023-04-07 11:28 | Report Abuse

FOR NEWBIES

LKL INTERNATIONAL BERHAD ("LKL" OR THE "COMPANY")

(I) SHARE CONSOLIDATION;
(II) DIVERSIFICATION;
(III) RIGHTS ISSUE WITH WARRANTS; AND
(IV) SIS

On behalf of the Board, TA Securities wishes to announce that the effective date for the implementation of the SIS is 6 April 2023, being the date on which the Company is in full compliance with all relevant requirements including Rule 6.44(1) of the Listing Requirements.

This announcement is dated 6 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342509

====================
Directors set to issue more shares to ESOS soon and maybe PP in near future
Directors set to collect more money from shares issuance
ESOS subscribers and selected PP investors set to get to buy at special issue price to make profits

Long term retail shareholders and investors have to wait for directors to generate more profits from business operations for share price to appreciate, for a chance to make some small profits

Stock

2023-04-07 11:22 | Report Abuse

=========================
Number of rights shares issued = 207,773,660 @ 0.20
Money collected by directors smart fund raising exercise = RM41,554,732

=========================
Loyal long term investors that had gone through shares consolidation followed by rights issue, and still holding on to their shares incurring huge paper losses

=======================
Some believe good fundamental company, but price keep going down lower due to management issue ?
Maybe wait for directors to do another fund raising exercise and get the operators to push up the price again

========================
TAYOR

Stock

2023-04-05 17:40 | Report Abuse

FOR NEWBIES

PASUKHAS GROUP BERHAD

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 18 APRIL 2023 INTO 1 PASUKHAS SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

=========
1 step closer to another share consolidation

TAYOR

Stock

2023-04-05 17:36 | Report Abuse

FOR NEWBIES

AT SYSTEMATIZATION BERHAD ("AT" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTIONS SCHEME ("ESOS")
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, AT wishes to announce that it has offered options to eligible employees under its ESOS, the details of which are as follows:-

(a) Date of offer: 5 April 2023

(b) Exercise price of options offered: RM0.009 each

(c) Number of options offered: 208,300,000

(d) Market price of AT’s shares on the date of the offer: RM0.010

(e) Number of options offered to Directors of AT: Nil

(f) Vesting period of options offered: The Options are vested on the Offer Date.

This announcement is dated 5 April 2023.

=============
Over supply of AT shares in market.
Be careful trading high NOSH low price loss making penny stocks.
Possibility of shares consolidation is real

TAYOR

Stock

2023-04-05 12:53 | Report Abuse

FOR NEWBIES

BORNEO OIL BERHAD ("BORNOIL" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce additional information in relation to the Proposed Private Placement as underlined in the attachment enclosed.

This announcement is dated 4 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3341904

==================
Be prepared for more share issuance at cheap cheap cheap price to selected PP investors

===============
https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

NOSH = 9,711,686,954
NOSH set to increase by another 20% !!!!
Shareholders equity % set to be diluted further

WC = 1,722,822,600
WD = 365,471,359

Heavy mother and fat babies. Price will be hard to move up

==============
TAYOR

Stock

2023-04-05 11:55 | Report Abuse

FOR NEWBIES

Current NOSH = 267,581,000

Many penny stocks with low NOSH like CFM had issued BILLION of shares to raise fund via share issuance to PP, ESOS, RI or for asset acquisition

Directors have the power and could easily raise fund, raise lots of money via share issuance.

If 1 BILLION share is offered at 0.10 to PP, ESOS, or RI,
amount of money Directors could receive = RM100 MILLION !!!

Which business operations of penny stocks could generate such profits from business

Shareholders especially retail investors will see their shareholding equity % diluted if shares are issued to PP, ESOS or for asset acquisition

=================
Be aware of such possibility





Stock

2023-04-05 11:09 | Report Abuse

FOR NEWBIES

On Listing Date 17 Apr 2023,

Estimated NOSH = 2,483,203,836
Estimated Warrant = 1,241,601,918

==================
Heavy mother and son.
Low EPS, if any
Not easy for share and warrant price to go high unless directors can generate excellent profits from business operations

Be ware that share price could dip below rights issue price of 0.065 as operators and friendly parties might dispose their massive rights shares to market

============
TAYOR

Stock

2023-04-04 11:08 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,862,402,877 NEW ORDINARY SHARES IN FITTERS DIVERSIFIED BERHAD ("FITTERS" OR THE "COMPANY") ("FITTERS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 1,241,601,918 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 17 MARCH 2023

Ex-Date 16 Mar 2023
Entitlement date 17 Mar 2023

BE INFORMED that any new purchases from 16 March onward will not be entitled to subscribe for the rights shares at 0.065

Date for commencement of trading of rights 20 Mar 2023
Date for cessation of trading of rights 27 Mar 2023

Acceptance and Payment 03 Apr 2023 05:00 PM
Excess share application and payment 03 Apr 2023 05:00 PM

=================
PAY ATTENTION TO NEXT IMPORTANT DATES :-

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Apr 2023

Available/Listing Date 17 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3333632

============
NOSH will increase by a maximum of 1,862,402,877 rights shares to 2,483,203,836 shares
A maximum of 1,241,601,918 of new warrants will be available upon completion of RI

=============
Multi BILLION shares and warrants upon completion of rights issue!!!

Current price likely to drop lower based on other similar high NOSH loss making penny stocks unless directors are able to generate good profits from business operations

Will the price dropped below the rights issue price?
Are operators and friendly parties capable of supporting it and for how long?

TAYOR

Stock

2023-04-03 22:00 | Report Abuse

FOR NEWBIES

Take note of disposal of invested shares

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
INGENIEUR GUDANG BERHAD

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD

31 Mar 2023 100,000,000 Disposed Direct Interest
Disposal of shares via Direct Business Transaction

Direct (units) 182,917,790
Direct (%) 17.631
Date of notice 31 Mar 2023

================
Investment in other penny stock using money raised from shares issuance ?
Profit or loss ?


Stock

2023-04-03 17:27 | Report Abuse

FOR NEWBIES

Take note of disposal by substantial shareholder

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
INGENIEUR GUDANG BERHAD

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD
Address NO. 3, JALAN TP 2,
TAMAN PERINDUSTRIAN UEP SUBANG JAYA,
SUBANG JAYA
47600 Selangor
Malaysia.
Company No. 200301007003(609423-V)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
1 31 Mar 2023 100,000,000 Disposed Direct Interest
Name of registered holder KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR MMAG HOLDINGS BERHAD
Address of registered holder LEVEL 15, KENANGA TOWER 237 JALAN TUN RAZAK 50400 KUALA LUMPUR WILAYAH PERSEKUTUAN
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of shares via Direct Business Transaction
Nature of interest Direct Interest
Direct (units) 182,917,790
Direct (%) 17.631
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 182,917,790
Date of notice 31 Mar 2023
Date notice received by Listed Issuer 31 Mar 2023

Stock

2023-03-31 17:58 | Report Abuse

FOR NEWBIES

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
LKL INTERNATIONAL BERHAD
Particulars of Substantial Securities Holder
Name BIOALPHA HOLDINGS BERHAD
Name of registered holder Botanical Distribution Sdn. Bhd.
Date interest acquired & no of securities acquired
Date interest acquired 28 Mar 2023
No of securities 47,010,000
Subscription of rights shares by Botanical Distribution Sdn. Bhd. pursuant to the Rights Issue with Warrants
Total no of securities after change
Indirect/deemed interest (units) 47,010,000
Indirect/deemed interest (%) 12.114
Date of notice 31 Mar 2023

==========
Penny stock invest in penny stock, helping penny stock to raise fund via shares issuance.

Stock

2023-03-31 15:30 | Report Abuse

FOR NEWBIES

Types of corporate proposal Private Placement
Details of corporate proposal Private Placement of up to 643,161,500 new ordinary shares in ATS
No. of shares issued under this corporate proposal 600,062,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0091
Latest issued share capital after the above corporate proposal in the following Units 6,600,683,899
Listing Date 03 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340625

===================
Directors continue with another fund raising via massive share issuance to PP at cheap cheap price
NOSH = 6,600,683,899 !!!

Shareholders equity % and EPS continue to be reduced.

====================
Could be few of last fund raising via shares issuance before share consolidation exercise

====================
How did BURSA department allow such massive shares issuance for low price penny stocks???

Stock

2023-03-31 10:56 | Report Abuse

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent -2,386,000

Another quarterly result, another quarterly loss

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340324

============

When can directors start to generate profits from business

Share consolidation in Nov 2022 :-
15 Nov 2022 23 Nov 2022 Share Consolidation 1.0000 : 10.0000

Maybe directors have to raise more fund via massive share issuance to PP, ESOS or RI

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR


Stock

2023-03-31 10:50 | Report Abuse

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent -1,322,000

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340499

============
Another quarterly result, another quarterly loss
Still remain a multi-quarter, multi-year loss making company

================
https://www.klsescreener.com/v2/stocks/view/0103/m-n-c-wireless-berhad

Share consolidation and bonus warrant in Nov 2022 :-
21 Oct 2022 09 Nov 2022 Bonus Issue (warrant) 3.0000 : 8.0000
21 Oct 2022 07 Nov 2022 Share Consolidation 1.0000 : 10.0000

=============
NOSH = 232,032,876
PA = 14,273,250
WB = 2,995,923
WC = 86,955,690

================
Current NOSH less than 250 million shares, very lean
Be aware directors might raise more fund via share issuance to PP, ESOS or RI
Massive share issuance might increase the NOSH to BILLION shares again and causing dilution to shareholders equity % and EPS

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR

Stock

2023-03-31 10:37 | Report Abuse

FOR NEWBIES

M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY")
- UPDATE ON MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN MNC AND HOT TV ENTERTAINMENT SDN. BHD. ("HOT TV")

Further to the Company's announcement made on 23 December 2022 pertaining to the MOU made between the Company and Hot TV to kick-start its Lifestyle e-commerce Platform by expressing its interest to acquire, invest, develop or collaborate with Hot TV, the Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU as announced previously.

This announcement is dated 30 March 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340500

================
M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY")
- UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED BETWEEN MNC AND SANICHI PROPERTY SDN. BHD. ("SPSB")

Further to the Company's announcement made on 23 December 2022 pertaining to the MOU made between the Company and SPSB for the purpose of providing online leasing or short-term luxury rental service for 120 units of Marina Point, SPSB’s property project located at Lot 129, Klebang, Melaka, the Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU as announced previously.

This announcement is dated 30 March 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340501

=================
As usual, many MOUs made and most of them are likely terminated in due time
Directors might issue more MOUs to create excitement to attract punters, investors and newbies

Stock

2023-03-29 15:18 | Report Abuse

FOR NEWBIES

MINDA GLOBAL BERHAD ("MINDA GLOBAL" OR "COMPANY") ESTABLISHMENT AND IMPLEMENTATION OF THE SHARE GRANT SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF MINDA GLOBAL AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("SGS")

On behalf of the Board, Mercury Securities wishes to announce that the Effective Date for the implementation of the SGS is 28 March 2023, being the date on which the Company is in full compliance with all relevant requirements in relation to the SGS.

This announcement is dated 28 March 2023.
https://www.klsescreener.com/v2/announcements/view/4553483

================
Directors looking forward to raise more fund via shares issuance to ESOS
Cheap cheap low price shares for employee to sell to market for good profits ?

================
NOSH = 1,679,048,647 set to rise further toward 2 BILLION shares

Stock

2023-03-29 12:11 | Report Abuse

Weekly chart is still bearish
Next week depends on whether it can rebound strongly by Friday closing

Stock

2023-03-29 11:16 | Report Abuse

Another one day monkey show

Stock

2023-03-29 11:15 | Report Abuse

FOR NEWBIES

Cindy & Kate playing up to release new warrant WB into market to make more profits from subscription of rights and excess shares

More likely, warrants of huge NOSH penny stocks will end up as garbage approaching expiry date.

Be careful holding these warrants

NOSH = 1,950,594,086
WA = 142,458,195
WB = 689,231,637

Don't be greedy, it is too heavy to move up much

TAYOR, set realistic target


Stock

2023-03-29 09:56 | Report Abuse

FOR NEWBIES

Take note change proposed change of company name....

Proposed Change of Company Name
KANGER INTERNATIONAL BERHAD

Proposed company name SUNG MASTER CONSOLIDATED BERHAD

Remarks :
The Board of Directors of Kanger International Berhad ("Kanger" or "the Company") wishes to announce that the Company is proposing to change its name from "KANGER INTERNATIONAL BERHAD" to "SUNG MASTER CONSOLIDATED BERHAD" ("Proposed Change of Name").

The proposed name of "SUNG MASTER CONSOLIDATED BERHAD" was approved and reserved by the Companies Commission of Malaysia ("CCM") on 9 March 2023.

The Proposed Change of Name is subject to the approval of the shareholders of the Company at a general meeting to be convened at a date to be announced later and a Circular to Shareholders with details of the Proposed Change of Name will be issued to the shareholders in due course.

The Proposed Change of Name, if approved by the shareholders, will take effect from the date of issuance of the Notice of Registration of New Name by the CCM to the Company.

This announcement is dated 9 March 2023.

==========
Name change to attract newbies ?
Fundamentally still a loss making penny stock

Stock

2023-03-29 09:49 | Report Abuse

CFM got many big taikor not afraid of investigation

Stock

2023-03-28 20:31 | Report Abuse

New modus operandi of cindy kate stocks.
Be careful trading and holding loss making 'fake' business penny stocks.
Directors not interested and not capable to generate profits from business.
Directors go for fast easy fund raising via shares issuance to PP, ESOS and RI. Can get much more money than any business operations.

Stock

2023-03-28 16:16 | Report Abuse

FOR NEWBIES

=============
Upon completion of the proposed rights issue,
NOSH = 4,036,375,517
WD = 972,050,534
RCULS = 5,563,981,607
WE = 1,112,796,321

Altogether more than 11 BILLION shares, Warrants and RCULS combined
Use your math to estimate how high the prices can go up


==============
Be careful holding high NOSH low price loss making penny stocks, many of which had undergone share consolidation followed by fund raising via Right issue again

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR

Stock

2023-03-28 16:13 | Report Abuse

FOR NEWBIES

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO RM111,279,632 NOMINAL VALUE OF 5,563,981,607 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN THE COMPANY (RCULS) AT 100% OF ITS NOMINAL VALUE OF RM0.02 EACH TOGETHER WITH UP TO 1,112,796,321 FREE DETACHABLE WARRANTS IN THE COMPANY (WARRANTS E) ON THE BASIS OF 10 RCULS TOGETHER WITH 2 FREE WARRANTS E FOR EVERY 10 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (PROPOSED RIGHTS ISSUE)

========
Proposal approved in EGM

=============
Another massive fund raising exercise by directors to collect money from shareholders

Stock

2023-03-28 16:11 | Report Abuse

Probably the controller will bring it down to 0.10 or lower
And start raising fund via shares issuance to selected lucky PP investors and ESOS including directors
With lower penny price, the controller can easily fry the shares to make more profits for all the lucky parties

Current NOSH = 267,581,000 very light
Can issue another 1 -2 BILLION shares

Stock

2023-03-28 16:09 | Report Abuse


WE = 1,087,061,194
Maturity 2023-04-22
Strike value 0.0350

Another warrant become garbage
Be careful holding low price penny stock shares and warrants

Stock

2023-03-28 13:09 | Report Abuse

Not many retail investors and shareholders might subscribe for the rights issue as current stock price is more or less same as rights issue price (0.035)

Watch out for other penny stocks directors who will come in to subscribe under the excess applications to support the success of the fund raising exercise

Stock

2023-03-28 13:06 | Report Abuse

FOR NEWBIES

Directors set to collect a maximum of 1,402,258,933 X 0.035 = RM49,079,062
Fast and easy way for directors to raise money for company fund instead of struggling to generate profits from business operation

Feel free to contribute to directors fund raising exercise by subscribing to the rights issue

Nosh will increase by maximum of 1,402,258,933 to 3,461,568,562 after completion of RI
New warrant = 280,451,788 (maximum scenario)

=============

TAYOR

Stock

2023-03-28 13:02 | Report Abuse

BPURI-OR starts trading today
Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023

Seller queue at 0.005 meaning not many buyers
Similar to recent rights issue exercise by penny stocks.....FITTERS, LKL, BSLCORP, etc