Sc never regulate all this fishy counters. From rm 2 plus all the way down to 0.015. Mafia group like Victor Chin and Francis Leong can be so powerful that they can do anything they want. Haha
Mohd Sufian Bin Awang resigned as non executive director of Hongseng. He was Political Secretary to ex PM Najib !!!!! Now you understand why they can keep ESOS/PP/RI billions and billions of shares in many companies without fear.
Guys, the syndicate are engaged in non constructive activities, not related to the objective of capital market principles of building a business and increase shareholders value. If you check their qtrly revenue, some not even 1m per qtr. And 20 qtrs of continuos loses.
Money raised from RI/PP/ESOS are used to dabble in stocks of other company which are also doing the SAME thing. This is not honest thing to do .
About 3 years ago, it was PUMPED UP TO RM1.90, THEN all the way down to HALF SEN, IF CAN GO TO QUARTER SEN, IT WILL ALSO REACH QUARTER SEN AND IF YOU BUY AT 1 SEN ALSO LOSE MONEY! HAHAHAHA. SO MANY PUMP N DUMP COUNTERS AND NO ONE GOING TO JAIL;;; WHAT IS SC DOING??? BOLEHLAND
In the end conmen all get away scott free tks to SC. Welcome to bolehland. This current government also talk a lot but no action one. Come election, again ask for votes and sell their fantasy stories.
Mafia group counters all trapped investors like hong seng, mmag, revenue, classita etc. In the end they pushed up to a certain price and free fall after that. Haha
pERANGKAP YG LUMRAH: right issues, share split, esos kpd pengarah2, private placement at depressed prices, last last consol to make the final killing hehe... dulu bekas pm (muhyiddin & sabri), kini pm anwar... berani manipulasi syer lagi ATAUPUN PAKAI TAKTIK YG SAMA? hahaha
PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.
According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues. With lots of files seized, very hard for these syndicate to goreng
HONGSENG, XOX,FINTEC are the MAGNIFICIENT 3 stocks with 5billions toilet papers to be "burned away" and left with 3.3% of the original qty in hand . After that , they may print more toilet papers again. And they call it kock-per-rape exerecise !!!!
ANZO was pn17. Delisted old name was Harvest Court, Harvest was heavily goreng and plunge from 3,60 to 1c Later changed name to Anzo. After that Anzo was in ICU for 2 years, buried for good becareful when penny stocks keep changing name. Bad omen. Do not touch or keep their share
Few years ago, HS was pumped up from few sen to 1.90 and since then slowly dumped till 1 sen today. Only in bursa. Many bilis bought thinking they going to pump it up again to at least 50 sen.
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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....
Besafe
1,231 posts
Posted by Besafe > 2024-03-01 09:40 | Report Abuse
JJPTR@ got their core business is to con investors. Hahaha