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2021-07-23 11:08 | Report Abuse
Not many retail participants, big boys trying hard to lure them in.
Big boys looks like gradually selling their rights shares to unlock their money and make some profit from the free warrants.
2021-07-22 16:29 | Report Abuse
Big boys paid 10sen per rights share and get free warrants.
12 rights shares comes with 7 free warrants
Big boys don't mind selling subscribed shares at 10sen as they still profit from the free warrants.
The effective cost is less than 9sen if warrant is trading above 1sen
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Trade with care and don't get stuck for years.
Warrant shelf life is only 3 FAST years, and might become worthless before the world has overcome the pandemic
2021-07-21 11:52 | Report Abuse
List of loss making penny stocks:
ANZO, AT, BORNOIL, COMPUGT, DAYA, DGB, DIGISTAR, DOLPHIN, EAH, EDUSPEC, FINTEC,
FOCUS, GOCEAN, HUBLINE, ICON, IDMENSN, IMPIANA, JOE, KANGER, KGROUP, LAMBO, LUSTER, M3TECH, MACPIE, MMAG, MINDA, MLAB, MNC, MTOUCHE, MTRONIC, NETX, NEXGRAM, OVERSEA, PASUKGB, PDZ, PERDANA, PERMAJU, PHB, PNEPCB, PUC, PWORTH, SANICHI, SAUDEE, SCOMI, SINARAN, TALAMT, TANCO,TAWIN, TIGER, TRIVE, VC, VINVEST (VIVOCOM), VIZIONE, VSOLAR, WIDAD, XDL, XOX
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Stocks that have undertaken Share Consolidation exercise and/or rights issue with free warrants:
- VC, SANICHI, MTOUCHE, PASUKGB, LAMBO, PDZ
- TRIVE, DGB, MLAB, VINVEST (VIVOCOM), NETX, EDUSPEC, PUC
- SCOMI, ICON, IMPIANA, MTRONIC, VIZIONE, TIGER, KGROUP
- MMAG, HUBLINE,
2021-07-21 11:51 | Report Abuse
@Gtrade,
If you think they are trapped, it is more reason that retailers & minority shareholders should not 'bail' them out.
They have been using loss making penny stocks as a vehicle to enrich themselves(including cronies and operators) for far too long, at the expense of small time traders & retailers.
They will keep repeating the similar modus operandi to get easy money by raising fund conveniently by issuing shares and selling to market via ESOS, PP, rights issue, Warrant & ICPS issuance and conversion.
Effects are increasing the total issued shares to MULTI-BILLIONS, diluting EPS and minority shareholding percentage.
Ultimately will resort to shares consolidation exercise again, followed by rights issue with free warrants to raise more fund resulting in huge losses to specially minority shareholders.
Company funds were utilized and depleted through yearly losses, failed business ventures or JVs, high price assets acquisitions, high price penny stocks investment/speculation, etc
2021-07-21 11:24 | Report Abuse
Better to stay out and let the big boys sweat it out against each other.
Retailers and minority shareholders should stand together to send a strong message to the big boys, bullies & directors to start doing real business to generate real profits to benefit company and shareholders instead of undertaking frequent non-stop easy fund raising exercises at the expense of specially retailers and minority shareholders.
Good company pays dividend
Useless company ask for money
Stock: [FOCUS]: FOCUS DYNAMICS GROUP BERHAD
2021-07-23 16:15 |
Post removed.Why?