they know where u buy n where u want to sell.even they know ur order sequence...when i watch this morning hope no people involve to get birn.remind me on anzo
Just Now, at 3.5 sen formed active buying, suddenly pouring to you queue at 3 sen, only left 2.5 sen buyers. Then some wanted to sell at 3 sen. Like a cheat in the comedy show
Next will be share consolidation, 10 - 1, price will drop after consolidation from 20 sen to 2 sen. Means those who bought originally at RM0.30 will end up selling at RM0.003!!
MMAG HOLDINGS BERHAD ("MMAG" OR "COMPANY") (I) DEBT SETTLEMENT TO CREDITORS; (II) DEBT SETTLEMENT TO DIRECTOR; AND (III) PROPOSED 40% PRIVATE PLACEMENT
On behalf of the Board, TA Securities wishes to announce that the Board has on 17 October 2022 (“Price-fixing Date”) fixed the issue price at RM0.0200 per Placement Share (“Issue Price”). The Issue Price represents a discount of RM0.0049 or approximately 19.68% to the 5D-VWAP of MMAG Share up to and including 14 October 2022, being the last market day immediately preceding the Price-fixing Date, of RM0.0249 per MMAG Share.
The number of Placement Shares will be announced once it is finalised.
===================== Directors doing massive issuance of PP shares ( 40%) at low low price Massive dilution of shareholders equity % and EPS
Current NOSH 1,703,173,052 will increase to nearly 2.5 BILLION shares
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= Be careful holding high NOSH multi year loss making penny stocks, many of which had done shares consolidation
AS YOU SEE,......THE BIG SHOTS HAVE DUMPED MMAG SHARES DOWN TO 2SEN BEFORE THEY LET YOU KNOW THE PRIVATE PLACEMENT,..........INI MACAM PUNYA BIG BOSSES BOLEH PERGI NERAKA !........TAK BOLEH PAKAI PUNYA BOSS,........BOSS SAMPAH !
680MIL. PRIVATE PLACEMENT SHARES PRICE AT 2SEN,.......ONLY RAISE RM13MIL. ,..........DO YOU THINK IS ENOUGH TO PAY BIG BOSSES SALARY,........COMPLETELY AN ELLIOT THINGS ,.........IT DOES MORE HARM THAN GOOD,.........I BELIEVE THE BIG SHOTS HAVE DUMPED EVERYTHING FOR THE LAST 5 DAYS
THE BIG SHOTS JUST PUMP IN RM13MIL.,.......TAKING BACK 40% CONTROL IN MMAG,.......THIS IS TRULY MANIPULATING THE EXISTING MINORITY SHAREHOLDERS,.......ALL SHOULD VOTE NO TO 40% PRIVATE PLACEMENT,.........I BELIEVE MINORITY ARE BIGGER SHAREHOLDERS NOW,............ THE BIG SHOTS HAVE VERY FEW SHARES IN MMAG NOW ,..........YOU ALL SHOULD SAY........ NO ! NO !
So, they want to have private placement just to payoff the debt of the creditors and directors? They can do that? So, later on if the debt settle, they can make debt no 2, after few moment, raise another pp? then make debt no 3?
On behalf of the Board, TA Securities wishes to announce that a total of 681,269,200 Placement Shares based on the issue price of RM0.0200 each as announced on 17 October 2022 will be allotted to the placee in due course.
This announcement is dated 19 October 2022.
==================== Be aware that operators might push up for PP investors to make 1/2 or 1 sen (25% or 50% profit)
NET ASSET PER SHARE 21SEN,.........SELLING NEW SHARES TO BIG BOSS AT 2SEN,........WHAT A RIP OFF,........ONLY USELESS BOSS WILL DO THINGS LIKE THIS,.......
LIM KOK HAN TRULY A COWARD BOSS,........DUMPING MMAG TO 2 SEN,........BUYING 40% NEW SHARES AT 2SEN,........NOT A GENTLEMEN,..........IS A CROOK,.......ROBBING SHAREHOLDER MONEY
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tripaka
2,832 posts
Posted by Tripaka > 2022-10-05 14:57 | Report Abuse
Nearly 50% shares turnover.