MMAG HOLDINGS BERHAD

KLSE (MYR): MMAG (0034)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

287,300


16 people like this.

10,718 comment(s). Last comment by whistlebower99 2 weeks ago

Winner38

10 posts

Posted by Winner38 > 2022-03-01 16:31 | Report Abuse

Got trapped liao at 0.320..cut loss...

OG_trader

449 posts

Posted by OG_trader > 2022-03-02 16:02 | Report Abuse

lol. just want to cut lost now? everybody cut lost long time ago ady. hahah

Posted by Benhobenhobenho > 2022-03-04 09:29 | Report Abuse

A con stock, highly manipulated

Posted by whistlebower99 > 2022-03-11 10:04 | Report Abuse

FOR NEWBIES

MMAG HOLDINGS BERHAD ("MMAG" OR "COMPANY") (I) PROPOSED DEBT SETTLEMENT TO CREDITORS; (II) PROPOSED DEBT SETTLEMENT TO DIRECTOR; AND (III) PROPOSED 40% PRIVATE PLACEMENT.

On behalf of the Board of Directors of MMAG (?Board?), TA Securities Holdings Berhad (?TA Securities?) wishes to announce that the Company proposes to undertake the following:

(i) proposed settlement of amount owing to certain creditors of MMAG and its subsidiary of an aggregate sum of RM22,803,456.71 to be fully satisfied via issuance of a total of 373,827,157 new ordinary shares in MMAG (?MMAG Shares?) at an issue price of RM0.0610 each (?Proposed Debt Settlement to Creditors?);

(ii) proposed settlement of amount owing to Kenny Khow Chuan Wah (an Executive Director of the Company) of RM950,000 to be fully satisfied via issuance of 15,573,770 new MMAG Shares at an issue price of RM0.0610 each (?Proposed Debt Settlement to Director?); and

(iii) proposed private placement of up to 765,665,400 new MMAG Shares, representing up to 40% of MMAG Shares in issue (excluding treasury shares, if any) (?Proposed 40% Private Placement?),
(collectively referred to as ?Proposals?).
Please refer to the attachment below for further details of the Proposals.
This announcement is dated 10 March 2022.

https://www.klsescreener.com/v2/announcements/view/3516707

====================
Directors proposal for Massive share issuance coming on the way !!!
Shares to be issued = 373,827,157 + 15,573,770 + 765,665,400 = 1,155,066,327

====================
Total issued shares = 1,312,469,925 will increased to 2,467,536,252
PA = 179,986,013
WB = 197,207,491

==================
Massive dilution to shareholders equity % and EPS
NOSH will increase to near 3 BILLION SHARES upon full implementation and full conversion of PA and WB

===================
Monitor :-
Director's proposal for more fund raising via share issuance to PP, ESOS
Director's utilisation plan of company fund
Quarterly reports (multi year losses since 2006)
Contribution of profits from main business to company fund (not from fund raising)

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

Posted by whistlebower99 > 2022-03-11 10:08 | Report Abuse

BEWARE of one day show. Goreng tetap goreng mee kosong.
Right account to left account to attract newbies...

Posted by Benhobenhobenho > 2022-03-11 11:54 | Report Abuse

This counter slow but surely will kill investors. Die a slow death

tklim

2,994 posts

Posted by tklim > 2022-03-13 14:42 | Report Abuse

SELL 0.05
Target1: 0.04
Target2: 0.03
Target3: 0.01
Target4: 0

Ian Lim

109 posts

Posted by Ian Lim > 2022-04-11 14:16 | Report Abuse

price and volume up

Posted by whistlebower99 > 2022-05-10 20:49 | Report Abuse

FOR NEWBIES

(I) PROPOSED DEBT SETTLEMENT TO CREDITORS;
(II) PROPOSED DEBT SETTLEMENT TO DIRECTOR; AND
(III) PROPOSED 40% PRIVATE PLACEMENT.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 10 May 2022, resolved to approve the following:

(i) listing and quotation of 373,827,157 new MMAG Shares to be issued pursuant to the Proposed Debt Settlement to Creditors;

(ii) listing and quotation of 15,573,770 new MMAG Shares to be issued pursuant to the Proposed Debt Settlement to Director; and

(iii) listing and quotation of up to 765,665,400 Placement Shares to be issued pursuant to the Proposed 40% Private Placement.

Posted by whistlebower99 > 2022-05-10 20:56 | Report Abuse

Total issued shares = 1.312 billion will increase by 1.155 to 2.467 billion shares.
Shareholders equity % and EPS adversely diluted.

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

IMPIANA is the latest high NOSH penny stock to join the list of share consolidation stocks.
https://www.klsescreener.com/v2/announcements/view/3561755

2022 - IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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

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

Posted by whistlebower99 > 2 months ago | Report Abuse

13 June 2022

16:50:00 PM 0.060 100 Seller
16:32:28 PM 0.055 50,000 Buyer
16:31:50 PM 0.055 98,000 Buyer
16:31:50 PM 0.055 50,000 Buyer
16:31:50 PM 0.055 182,000 Buyer
16:31:50 PM 0.055 170,000 Buyer
16:18:06 PM 0.055 10,000 Buyer
16:08:42 PM 0.055 200,000 Buyer
14:35:26 PM 0.055 20,000 Buyer
14:30:00 PM 0.055 100,000 Buyer
14:30:00 PM 0.055 100,000 Buyer
14:30:00 PM 0.055 300,000 Buyer

===========
Excellent support of closing price with 100 shares !!!

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

LKL and IMPIANA are the latest high NOSH penny stock to join the list of share consolidation stocks.
https://www.klsescreener.com/v2/announcements/view/3567035

2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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

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

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

a. Aggregate sale consideration within the preceding twelve (12) months
20,174,242.00

b. Investments in quoted securities as at 27 June 2022
- Total Cost 33,886,500.00

- Total Book Value 33,886,500.00

- Total Market Value 20,174,242.00

i. Net loss arising from the sale of quoted securities by MMAG Group during financial year ending 31 March 2023
(Sales proceeds add investment cost and incidental expenses)

13,712,258.00

=================
Directors using company fund to invest in quoted securities (penny stocks)
Incurring losses of 13,712,258.00

https://www.bursamalaysia.com/market_information/announcements/company...

==============
Penny stock investing in other penny stocks !!!




tanfooxuan

406 posts

Posted by tanfooxuan > 1 month ago | Report Abuse

Kindly remind, don't play with this counter, they use fake buy queue fake support to cheat ppl money

Posted by whistlebower99 > 1 month ago | Report Abuse

Selling pressure likely to increase this week
TAYOR

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

Be aware of shares issuance at 0.061 to creditors and directors.
Be careful of operator frying up for them to make profits disposing to open market retailers

===================
SETTLEMENT OF AMOUNT OWING TO CERTAIN CREDITORS OF MMAG HOLDINGS BERHAD ("MMAG") AND ITS SUBSIDIARY OF AN AGGREGATE SUM OF RM22,803,456.71 TO BE FULLY SATISFIED VIA ISSUANCE OF A TOTAL OF 373,827,157 NEW ORDINARY SHARES IN MMAG ("SHARES") AT AN ISSUE PRICE OF RM0.0610 EACH

No. of shares issued under this corporate proposal 373,827,157
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0610
Listing Date 23 Jun 2022

====================
(i) 373,827,157 new Shares pursuant to the Debt Settlement to Creditors; and

(ii) 15,573,770 new Shares pursuant to the Debt Settlement to Director.

This announcement is dated 23 June 2022.

==================
NOSH = 1, 703,173,052
PA = 178,683,813
WB = 197,207,491

Losses for 8 years in a row

TAYOR, set realistic target if trading

Winer21

678 posts

Posted by Winer21 > 1 month ago | Report Abuse

This company 100% fake. Careful

Winer21

678 posts

Posted by Winer21 > 1 month ago | Report Abuse

They kill people's. Don't buy this please. This Cheating company . Careful

Winer21

678 posts

Posted by Winer21 > 1 month ago | Report Abuse

Run Run Run

tanfooxuan

406 posts

Posted by tanfooxuan > 1 month ago | Report Abuse

My colleague lost 20 thousands in this counter!!
Don't be fooled by the fake support, hundred of million of the buy queue will be cancel suddenly and the price will drop 10%-20% in 1 min, YOU CANT ESCAPE!!!

Take my word for it
https://ibb.co/7GnP9wP

Posted by The_JQuestion > 1 month ago | Report Abuse

meanwhile SC and bursa is just watching ... goreng keep bursa alive maybe

Benhobenho

173 posts

Posted by Benhobenho > 1 month ago | Report Abuse

Truly, this a con stock. I wonder how many millions or even billions were scammed by manipulators just on this stock alone.

Siang9282

68 posts

Posted by Siang9282 > 1 month ago | Report Abuse

who is on the pirate ship

Benhobenho

173 posts

Posted by Benhobenho > 1 month ago | Report Abuse

How many of u managed to escape their grip by selling at 0.08 or even 0.085 this morning. As for me, I never expect this stock to move up so fast to 0.085 n also come down just as fast on a top list of most actives. I really miss the boat, if not I will have cut loss at 0.08

Benhobenho

173 posts

Posted by Benhobenho > 1 month ago | Report Abuse

This stock price movement is like magic. One moment, u see n next moment u don't.

Siang9282

68 posts

Posted by Siang9282 > 1 month ago | Report Abuse

looks good but not tasty

Siang9282

68 posts

Posted by Siang9282 > 1 month ago | Report Abuse

Relax with a cup of tea

Benhobenho

173 posts

Posted by Benhobenho > 1 month ago | Report Abuse

I wonder how long it stay at the 0.08 level this morning. When I opened n see, at 12pm it was already down to 0.055. This is how fast the stock movement goes. No chance at all for anyone to sell

James Ng

2,602 posts

Posted by James Ng > 1 month ago | Report Abuse

[转贴] [Video:浅谈MMAG HOLDINGS BERHAD, MMAG, 0034] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-07-18-story-h...

Posted by The_JQuestion > 1 month ago | Report Abuse

who knows the game is ON but nobody knows how and when .... gonna be interesting we see shark play casino is LIVE

Winer21

678 posts

Posted by Winer21 > 1 month ago | Report Abuse

0.035 today

Benhobenho

173 posts

Posted by Benhobenho > 1 month ago | Report Abuse

Price movement magic show begins lol

Posted by whistlebower99 > 1 month ago | 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

List of penny stocks with shares consolidation:-

2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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

tanfooxuan

406 posts

Posted by tanfooxuan > 1 month ago | Report Abuse

DON'T PLAY WITH MMAG!

You will lost your hard earn money!

tanfooxuan

406 posts

Posted by tanfooxuan > 1 month ago | Report Abuse

18/07/2022 14:51pm : https://ibb.co/HPv8G1B
19/07/2022 09:58am : https://ibb.co/RcQPgvW

The fake support was changed from 0.50 to 0.45,
let's see when it will turn to 0.40

Winer21

678 posts

Posted by Winer21 > 1 month ago | Report Abuse

Operator playing. Very soon down till 0.035 cents inside news . Better Run Run Run

Posted by investisthekey > 1 month ago | Report Abuse

operator playing alone...

Benhobenho

173 posts

Posted by Benhobenho > 1 month ago | Report Abuse

Slow but steady, this stock is killing investors. Once in, there's no escape. U will be slowly strangled to death like being coiled by a big python.

KiasuKaki

52 posts

Posted by KiasuKaki > 1 month ago | Report Abuse

Queue at 0.04, 0.035, 0.03.
Good luck

tanfooxuan

406 posts

Posted by tanfooxuan > 1 month ago | Report Abuse

18/07/2022 14:51pm : https://ibb.co/HPv8G1B
19/07/2022 09:58am : https://ibb.co/RcQPgvW
20/07/2022 09:15am : https://ibb.co/mDpHSn5

Winer21

678 posts

Posted by Winer21 > 4 weeks ago | Report Abuse

Run

zhm540

2,372 posts

Posted by zhm540 > 4 weeks ago | Report Abuse

Be careful, this is CON stock... they played the same pattern as VC last time... goreng up and slowly releasing with big SELL and small BUY but the price going up... soon it will hit 2s... same as VC.. MADAM in both counters...

tanfooxuan

406 posts

Posted by tanfooxuan > 4 weeks ago | Report Abuse

18/07/2022 14:51pm : https://ibb.co/HPv8G1B
19/07/2022 09:58am : https://ibb.co/RcQPgvW
20/07/2022 09:15am : https://ibb.co/mDpHSn5
21/07/2022 09:57am : https://ibb.co/wLb2CYg

This is so-called support & buyers, from 0.050 → 0.045 → 0.040
This is a fail company and con stock!
Run before it's too late, they even started to sell their Shah Alam warehouse and office!!

Winer21

678 posts

Posted by Winer21 > 4 weeks ago | Report Abuse

Run Run Run

Benhobenho

173 posts

Posted by Benhobenho > 4 weeks ago | Report Abuse

U want to run also cannot, got coiled by the big python.

Winer21

678 posts

Posted by Winer21 > 3 weeks ago | Report Abuse

Waiting for 0.025 cents soon

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
Announcement dated 2 August 2022

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

List of penny stocks with shares consolidation:-

2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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

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