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2021-11-21 12:56 | Report Abuse
2 sides of a coin.
Those who were trapped at high prices and those who subscribed to the rights issue will be angry & hostile with commenters who advised against investing in penny stocks with high NOSH and years of losses.
Those who heeded the advice and not buying or subscribing the rights issue will be thankful and happy.
Everyone should be open minded to opinions from different commenters.
Good Sunday.
2021-11-19 20:25 | Report Abuse
Another low price penny stock join Kanger for shares consolidation.
19 November 2021. METRONIC GLOBAL BERHAD
(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS
https://www.klsescreener.com/v2/announcements/view/3459535
2021-11-19 20:23 | Report Abuse
Another low price penny stock join Kanger for shares consolidation.
19 November 2021. METRONIC GLOBAL BERHAD
(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS
https://www.klsescreener.com/v2/announcements/view/3459535
2021-11-19 17:12 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
==========================
Be careful when penny stocks raise fund by issuing massive number of shares.
Many cases like pasukgb, lambo, kanger, etc and now pdz
2021-11-19 13:23 | Report Abuse
investigator aka Universe incurred heavy losses, blaming so many people including Good123 who is a hard core promoter
2021-11-19 13:17 | Report Abuse
Exercise at ratio 22:5 not at 22sen.
Meaning 4.4 PA converted to 1 mother share
If you lucky to buy PA at 1sen, you can make 6.5-4.4 = 2.1 or 48%
2021-11-19 12:25 | Report Abuse
Newbies and newcomers trade wisely
Avoid being trapped in high price
Avoid being caught in corporate exercise that requires you to pour in more money for fund raising
Avoid being caught in consolidation of your shareholding
================================
Total issued shares = 4,566,933,699 will increase further
WB = 821,461,526
Will it goes from here ???
2021-11-19 12:16 | Report Abuse
If company fund depleted, then directors have power to propose shares consolidation and rights issue with free warrant to squeeze more money from generous shareholders.
Similar modus operandi taken by several low priced penny stocks.
TAYOR
2021-11-19 12:09 | Report Abuse
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ESOS
PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME (ESOS OR SCHEME) INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES (GROUP) (PROPOSED ESOS)
https://www.klsescreener.com/v2/announcements/view/3458989
=========================
NOSH = 2,570,121,020
WD = 1,101,479,634
=========================
Upon approval and completion of ESOS, total issued shares (NOSH) will increase by 15%
==========================
TAYOR
2021-11-19 12:03 | Report Abuse
EGM
Notice of the Extraordinary General Meeting
Date of Meeting 06 Dec 2021
Time 12:00 PM
Venue(s)
Fully virtual basis through live streaming and online remote voting by using RPV facilities via www.swsb.com.my hosted by ShareWorks Sdn Bhd
Date of General Meeting Record of Depositors 29 Nov 2021
1. ORDINARY RESOLUTION 1
PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME (ESOS OR SCHEME) INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES (GROUP) (PROPOSED ESOS)
2. ORDINARY RESOLUTION 2
PROPOSED ALLOCATION OF ESOS OPTIONS TO TAN LEE CHIN (DEPUTY CHAIRMAN/MANAGING DIRECTOR)
3. ORDINARY RESOLUTION 3
PROPOSED ALLOCATION OF ESOS OPTIONS TO DATIN SEK CHIAN NEE (EXECUTIVE DIRECTOR)
4. ORDINARY RESOLUTION 4
PROPOSED ALLOCATION OF ESOS OPTIONS TO DATO' KHOO SENG HOCK (INDEPENDENT NON-EXECUTIVE DIRECTOR)
5. ORDINARY RESOLUTION 5
PROPOSED ALLOCATION OF ESOS OPTIONS TO DATO' LEE YUEN FONG (INDEPENDENT NON-EXECUTIVE DIRECTOR)
6. ORDINARY RESOLUTION 6
PROPOSED ALLOCATION OF ESOS OPTIONS TO LOW BOON CHIN (INDEPENDENT NON-EXECUTIVE DIRECTOR)
7. ORDINARY RESOLUTION 7
PROPOSED ALLOCATION OF ESOS OPTIONS TO DATIN SULIZAH BINTI A. SALAM (INDEPENDENT NON-EXECUTIVE DIRECTOR)
8. ORDINARY RESOLUTION 8
PROPOSED ALLOCATION OF ESOS OPTIONS TO CHUA ENG CHIN (NON-INDEPENDENT NON-EXECUTIVE DIRECTOR)
===================================
Register for the meeting and vote if wish to.
2021-11-18 14:43 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
2021-11-18 14:42 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
2021-11-18 11:55 | Report Abuse
Kanger Proposed 10:1 12/11/21
PDZ SC 10:1 1/8/21; RI 6:1 30/9/21 @ 0.14
PWORTH SC 10:1 3/9/21
LAMBO SC 25:1 23/7/21; RI 5:1 11/8/21 @0.10
PASUKGB SC 10:1 10/6/21; RI 6:1 21/6/21 @ 0.10
SANICHI SC 10:1 5/4/21; RI 6:1 23/4/21 @ 0.08
MTOUCHE SC 10:1 21/4/21; RI 6:1 5/5/21 @ 0.10
VC SC 4:1 3/2/21; RI 1:1 30/3/21 @ 0.17
TRIVE SC 25:1 23/12/20; RI 12:2 21/1/21 @ 0.11
======================================
Which one is next in line to join the list ?
2021-11-18 10:09 | Report Abuse
Notice of Person Ceasing (Section 139 of CA 2016)
Name UBS AG LONDON
Address 1, Finsbury Avenue London EC2M 2PP United Kingdom.
Name of registered holder Citigroup Nominees (Asing) Sdn Bhd
Address of registered holder
Level 8 Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur
Date of cessation 12 Nov 2021
No of securities disposed 9,508,800
Circumstances by reason of which a person ceases to be a substantial shareholder
Holdings decrease 9,479,900 shares under the prime brokerage client which UBS has no right to rehypothecate the shares over the holding. Decrease of 28,900 shares due to purchase of 50,600 and sales of 79,500 shares by UBS AG - London Branch. UBS AG London is 100% owned by UBS AG which in turn is 100% owned by UBS Group AG.
Nature of interest
Direct Interest
Date of notice 17 Nov 2021
Date notice received by Listed Issuer 17 Nov 2021
2021-11-18 10:05 | Report Abuse
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
Name MISS FLORENCE WONG WEI WEI
Date interest acquired & no of securities acquired
Date interest acquired 27 Oct 2021
No of securities 57,392,285
Circumstances by reason of which Securities Holder has interest
Subscription of ordinary shares pursuant to the Company's Renounceable Rights Issue with Warrants C exercise.
Total no of securities after change
Direct (units) 57,392,285
Direct (%) 11.447
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 17 Nov 2021
Date notice received by Listed Issuer 17 Nov 2021
2021-11-18 10:04 | Report Abuse
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
Name MR LIOW WEI KIM
Date interest acquired 27 Oct 2021
No of securities 57,592,285
Circumstances by reason of which Securities Holder has interest
Subscription of ordinary shares pursuant to the Company's Renounceable Rights Issue with Warrants C exercise.
Total no of securities after change
Direct (units) 57,592,285
Direct (%) 11.487
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 17 Nov 2021
Date notice received by Listed Issuer 17 Nov 2021
2021-11-17 16:19 | Report Abuse
Universe turned investigator telling people that the price already bottom when it was at 7.
Today, his followers will be holding losses of 50% at 52-week low of 3.5
2021-11-17 15:55 | Report Abuse
MOU TERMINATION
TERMINATION OF MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED BETWEEN SETARA TECH SDN. BHD. (FORMERLY KNOWN AS HARIMAU STUDIO SDN. BHD.) ("SETARA TECH"), A WHOLLY-OWNED SUBSIDIARY OF MNC AND VISION WORKS (M) SDN. BHD. ("VISION WORKS")
https://www.klsescreener.com/v2/announcements/view/3457537
==============================
Don't be alarmed by the MOU Termination of low-price penny stock.
Lots of MOU and lots of termination after that
2021-11-17 14:58 | Report Abuse
Short term players should take extra care.
Long term players should hold firm with your analysis.
Effective 29 Nov, QES could be shorted down by authorised RSS parties.
TAYOR
2021-11-17 10:31 | Report Abuse
AT SYSTEMATIZATION BERHAD ("ATS" or "the Company") PROPOSED ACQUISITION OF LANDS BY AT GLOVE ENGINEERING SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY
AT Systematization Berhad (“ATS” or the “Company”) is pleased to announce that its wholly owned subsidiary, AT Glove Engineering Sdn. Bhd. has on 16 November 2021 entered into Sale and Purchase Agreements with Seacera Porcelain Sdn. Bhd. [Registration No. 198901005313 (182618-A)] for the purchase of two (2) pieces of lands for a total purchase consideration of Ringgit Malaysia Nine Million (RM9,000,000.00) only.
Please refer to the attached for further details.
This announcement is dated 16 November 2021.
https://www.klsescreener.com/v2/announcements/view/3457009
===============================
Still spending money on glove project.
Company fund decrease or bank borrowing increase and possibly issue more shares to raise more fund.
================================
TAYOR
2021-11-16 19:21 | Report Abuse
If PP is confirmed in Dec then operator might not want to goreng yet until they fix a low price for PP investors to have higher profits.
When it was at 7, investigator shut already bottom and influenced many people to buy. Just after few weeks, almost 50 % loss.
Trade wisely, set realistic target, don't expect 100% unless directors can show profits in next 2 quarters.
2021-11-16 16:57 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
2021-11-16 16:13 | Report Abuse
Directors might decide to swing the axe to trim the NOSH to a reasonable level before 2021 comes to a close.
Trade wisely, better be careful than sorry
2021-11-16 15:19 | Report Abuse
As expected, directors will issue more MOUs, HOAs, Collaboration Agreement and conduct press release to create excitement to newbies and newcomers
Similar tactics used by other low priced penny stocks. Don't be surprised MOU will lapsed after few months.
PDZ HOLDINGS BHD. ("PDZ" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN PDZ AND PROTEV ASIA LIMITED
https://www.klsescreener.com/v2/announcements/view/3456501
===========================
TAYOR, set realistic target
2021-11-16 15:12 | Report Abuse
Mr Quah very smart director to offer rights issue at 6sen then followed by shares consolidation by 10x to turn the rights issue share to 60sen for those who subscribed.
Mr Quah do rights issue exercise to raise more than 100mil to be paid to Aset Kayamas which is one of the winner in the exercise.
Aset Kayamas very thank you to Mr Quah.
After shares consolidation, the price will be adjusted up to 35 - 40 sen. Whether it up or down from here depends on the performance of the company and directors. Also have to depend on whether Mr Quah will continue to raise more fund by issuing more shares.
Let's wait for the shares consolidation and then monitor the QR for few quarters and also the frequency of fund raising via share issuances.
TAYOR
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
2021-11-22 11:56 |
Post removed.Why?