Post removed.Why?

Post removed.Why?

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. Repeat step 1 to 5

Post removed.Why?

Everyday retail investors got conned
Pasukgb proposed share consolidation again after the last one done in June 2021 !!!

Last push for directors to get hold of the money from rights shares subscribers

Take note of next important date:-

Acceptance and Payment 01 Mar 2023 05:00 PM
Excess share application and payment 01 Mar 2023 05:00 PM

Long term loyal investors continue to see PP investors and ESOS subscribers making huge profits while their shareholding equity % being reduced

Expect directors to collect more money from shares issuance to PP and ESOS or asset acquisition

Wait for price fixing to buy at low price but not lower than PP investors price

Post removed.Why?

Time for anti corruption agency to investigate such companies.
Hope the company fund are not abused

Mr Universe still holding the stocks or warrants?
Huge losses expected

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

MMAG HOLDINGS BERHAD ("MMAG" OR "THE COMPANY") SUSPENSION OF DIRECTORS

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3329124

===============
Will be good if MACC starts to investigate to uncover wrong doings in public listed companies especially low price high NOSH penny stocks with questionable businesses with years of losses surviving fund raising via massive issuance of shares followed by consolidation of shares & rights issues, causing huge losses to innocent investors

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. Repeat step 1 to 5

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

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. Repeat step 1 to 5

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. Repeat step 1 to 5

More business diversification needs more funding
Current NOSH is very low 207,216,675 shares only
Can issue more shares for RI, PP, ESOS to raise more money or for asset and business acquisition.

Good for directors, will get more money from share issuance
Sad for long term shareholders like john, dave, toney, etc, ,dilution to their shareholding equity %

Directors must have very "good reasons" to diversify their business into more sectors
1. oil bunkering
2. investment holdings, trading in residential and commercial properties and managing of properties activities.
3. wholesale, distributor, retail sale for mobile devices, electronic products and other components for electronic applications.

NOSH still very low at 207,216,675 after the recent rights issue and share consolidation

No worries, lots of shares could be issued before NOSH hitting BILLION shares again if new business ventures lose money or need capital injection

Investors and shareholders need to closely monitor the company fund raised by directors via shares issuance to PP, RI, ESOS, asset disposal, etc

Main business sold, now directors might look for new businesses to make use of the company fund and raise more fund if not enough

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

================
TAYOR, set realistic target

Post removed.Why?

Post removed.Why?

Post removed.Why?

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. Repeat step 1 to 5

BSLCORP-OR no buyer queue
you can use it to subscribe for the rights shares at 0.055 per share
ask your remisier or dealer for more details
sack him if he can't help you

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

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. Repeat step 1 to 5

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. Repeat step 1 to 5

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. Repeat step 1 to 5

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. Repeat step 1 to 5

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. Repeat step 1 to 5

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. Repeat step 1 to 5

Post removed.Why?

Post removed.Why?

Post removed.Why?

RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH") ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE")

Dec 2021 - Directors raised RM103,605,792 from the rights issue @ 0.15 per share
Subscribers paid 0.15 per share now incur huge losses
Directors sold EV distribution and assembly biz for more cash !!!

Can retailer shareholders refer to auditor report how directors utilised the cash

Post removed.Why?

https://www.nst.com.my/news/crime-courts/2023/02/878293/company-director-datuk-seri-title-claims-trial-using-fake-invoices

many con man in this world manipulating to cheat

be careful, they could be targeting your hard earned money