Followers
26
Following
1
Blog Posts
12
Threads
5,191
Blogs
Threads
Portfolio
Follower
Following
2021-09-10 20:05 | Report Abuse
Loss making penny stocks directors don't have many projects or contract awards announcements. They are specialized in issuing many MOUs with any xyz companies to make news and hope to excite and attract newbies to trade their stocks.
Many shareholders felt cheated and are angry with MSW over the glove business of AT.
2021-09-10 15:51 | Report Abuse
Right hand to left hand 18sen coming soon
2021-09-10 15:25 | Report Abuse
SAUDEE RIGHTS ISSUE
RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021 ("RIGHTS ISSUE WITH WARRANTS")
=================================
RI Price = 15sen
Current Price = 7sen
==========================
TAYOR
https://klse.i3investor.com/blogs/Whistlebower99blog/blidx.jsp
2021-09-10 12:33 | Report Abuse
FOR INFO ONLY
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,207,787,815 NEW ORDINARY SHARES IN LAMBO GROUP BERHAD ("LAMBO" OR THE "COMPANY") ("LAMBO SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 483,115,126 FREE DETACHABLE WARRANTS IN LAMBO ("WARRANTS C") ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 12 AUGUST 2021
Listing date = 13/9/21
RI price = 10
Current price = 8.5 (12.30pm)
==========================
Operator changing goreng pattern ?
Similar pattern for BCM, GIIB, AEM?
==========================
TAYOR
2021-09-10 11:50 | Report Abuse
FOR INFO
RENOUNCEABLE RIGHTS ISSUE OF UP TO 582,664,400 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN MINETECH RESOURCES BERHAD ("MINETECH") ("ICPS") AT AN ISSUE PRICE OF RM0.03 PER ICPS ON THE BASIS OF 1 ICPS FOR EVERY 2 EXISTING MINETECH SHARES HELD ("RIGHTS ISSUE OF ICPS")
Ex-Date 22 Sep 2021
2021-09-10 11:16 | Report Abuse
Directors not clever in doing business to make profits to benefit company and shareholders.
Now asking shareholders to contribute to fund raising.
Max amount to be raised = 1,101,480,437 X 0.04 = RM44,592,217
2021-09-10 10:16 | Report Abuse
Many RI exercises were under-subscribed by retailers who are getting smarter not to contribute more money to loss making companies to continue making losses using their hard-eared money.
========================
Some penny stocks with RI
https://klse.i3investor.com/blogs/Whistlebower99blog/2021-09-06-story-h1570755206-SELECTED_PENNY_STOCKS_RIGHTS_ISSUE_PRICE_AND_MARKET_PRICE.jsp
======================
TAYOR
2021-09-10 10:02 | Report Abuse
MOUs don't have financial value. They are meant to excite newbies.
Many MOUs will lapsed or terminated after few months or years.
Look at XOX, one of the king of MOUs
Shareholders want to see more contract awards announcement.
2021-09-09 16:03 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 362,938,287 NEW ORDINARY SHARES IN GIIB HOLDINGS BERHAD (FORMERLY KNOWN AS GOODWAY INTEGRATED INDUSTRIES BERHAD) ("GIIB") ("GIIB SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING GIIB SHARE HELD, TOGETHER WITH UP TO 362,938,287 FREE DETACHABLE WARRANTS IN GIIB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AS AT 5.00 P.M. ON THURSDAY, 5 AUGUST 2021 AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
Acceptances 177,911,566 49.02
Excess applications 50,443,948 13.90
Total acceptances and excess applications 228,355,514 62.92
Check the price before and after listing.
Is it Retailers are getting smarter not to accept fund raising ?
2021-09-08 17:13 | Report Abuse
Market volume is picking up gradually.
Goreng syndicates might be getting ready to prey on newbies, newcomers or rambo punters.
Be prepared, trade smart and not be the new victims
https://klse.i3investor.com/blogs/Whistlebower99blog/
2021-09-08 17:07 | Report Abuse
Market volume is picking up gradually.
Goreng syndicates might be getting ready to prey on newbies, newcomers or rambo punters.
Be prepared, trade smart and not be the new victims
https://klse.i3investor.com/blogs/Whistlebower99blog/
2021-09-08 16:10 | Report Abuse
Expect directors to issue more announcement, MOUs and exciting news to attract more newcomers to the stock.
Operator will also do right hand to left hand to get new batch of victims
Retailers taking profit whenever price move up.
2021-09-08 15:52 | Report Abuse
More announcement, MOUs and exciting news needed to attract more traders
Operators doing right hand to left hand trying to get new batch of victims
2021-09-08 15:43 | Report Abuse
Mak Siew Wei related stocks getting hot ?
Directorship of Public Companies
1. Advance Information Marketing Berhad
2. AT Systematization Berhad
3. Green Ocean Corporation Berhad
4. Saudee Group Berhad
5. Pasukhas Group Berhad
2021-09-08 15:24 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
M3 TECHNOLOGIES (ASIA) BERHAD
Particulars of substantial Securities Holder
Name XOX (HONG KONG) LIMITED
24 Aug 2021 48,000,000 Acquired
Direct (units) 199,830,800
Direct (%) 22.362
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 199,830,800
Date of notice 24 Aug 2021
Date notice received by Listed Issuer 06 Sep 2021
========================================
Penny stock invested in another buddy-buddy penny stock
Main actor chai ?
2021-09-08 15:15 | Report Abuse
Expect more news, MOUs, announcement to goreng up the price.
Expect more fund raising via share issuance for acquisition, ESOS, Private Placement
2021-09-08 15:04 | Report Abuse
PRIVATE PLACEMENT OF UP TO 10.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF HUBLINE
No. of shares issued under this corporate proposal 19,932,031
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0355
Latest issued share capital after the above corporate proposal in the following Units 4,289,965,177
Listing Date 09 Sep 2021
=============================
Total issued shares = 4,289,965,177
WC = 944,837,534 if fully converted, total issued shares exceeded 5 BILLION shares
===========================
Heavy mother and son
2021-09-08 14:27 | Report Abuse
Similar modus operandi used by multi-year, multi-quarter loss making penny stocks run by unethical directors who are specialised in fund raising to sustain the company's huge accumulated losses over the years.
Fund raising via massive share issuance to ESOS, PP and Right Issue of shares, ICPS, Warrants resulting in multi-billion total issued shares, causing dilution to shareholder equity and EPS, if any.
When company fund almost depleted and not viable to issue more shares to raise fund, then directors will undertake shares consolidation followed by Right Issue to squeeze and dig shareholders pocket.
Process will repeat.
https://klse.i3investor.com/blogs/Whistlebower99blog/blidx.jsp
2021-09-08 12:46 | Report Abuse
Newbies are born everyday. The compilation is meant to warn them to be careful if they can't resist trading these stocks.
2021-09-08 11:18 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021
Details of RI application :
_________________________________________No. of Rights Shares____% of total issue
Total valid acceptances__________________________186,547,381________18.80
Total valid excess applications____________________805,442,371_________81.16
The figures indicated that the big boys are holding more than 80% of the shares and new warrants.
They have CORNERED the stock.
==========================================
RI price = 10sen
Current price = 10 sen.
======================================
After 3 months, operator can start releasing more shares to market and still making profits from the free warrants
2021-09-08 10:58 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 629,491,596 NEW ORDINARY SHARES IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("NETX SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.13 PER RIGHTS SHARE TOGETHER WITH UP TO 314,745,798 FREE DETACHABLE WARRANTS IN NETX ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY ENTITLED SHAREHOLDERS OF NETX AT 5.00 P.M. ON 2 OCTOBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
===========================
RI price = 13sen
Current price = 14.5sen
===========================
Operators might start to dispose off to release their funds tied up in RI for months.
2021-09-08 09:17 | Report Abuse
If purchase is completed, NETX ends up owning ONLY 6 retail units in sg wang. not the whole complex.
2021-09-07 21:29 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")
KANGER is undertaking above RI to purchase 126 units of serviced suite at ANTARA@Genting Highlands for RM142 million from Aset Kayamas. It is a new development to be completed in 2024 if no delay.
Today is last day for OR trading.
The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.
Stock: [XOXNET]: XOX NETWORKS BERHAD
2021-09-10 20:09 | Report Abuse
Loss making penny stock for goreng only. Maybe issue more MOUs to attract newbies.