Interesting strategy by the directors. Announce Bonus Issue with free warrants. Lots of small flies jump in to scoop up the shares. Then announce a serial of small additional listings to disguise the PP announced under additional listing also. Without knowing it, those chasing the bonus issues already scoop up all the shares of the PP holders. Good luck.
Not many things are free in life Those bought above 0.22 before bonus issue and still holding might be carrying paper losses at current price 0.12 ================
=============== Multi year loss making company Directors not capable to increase company fund via main business Directors might propose more fund raising via shares issuance to PP, ESOS to increase company fund and resulting in dilution of shareholders equity % and EPS
Just wait to see when will NOSH hit 1 BILLION shares in near future
Directors still busy with fund raising via shares issuance.
========= On behalf of Sersol, TA Securities wishes to announce that the Board had on 6 October 2022 (“Price-fixing Date”) fixed the issue price for the Placement Shares at RM0.079 each (“Issue Price”) in relation to the Private Placement I.
The Issue Price represents a discount of approximately 9.40% to the 5-day volume weighted average market price of Sersol Shares up to and including 5 October 2022 (being the last market day immediately preceding the Price-fixing Date) of RM0.0872 per Sersol Share.
This announcement is dated 6 October 2022
========== NOSH will continue to increase with more fund raising via shares issuance to PP, ESOS, RI. More dilution to shareholder equity % and EPS
Types of corporate proposal Private Placement Details of corporate proposal SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT I No. of shares issued under this corporate proposal 48,470,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0790 Latest issued share capital after the above corporate proposal in the following Units 592,130,909 Listing Date 18 Oct 2022
================== Selected lucky PP investors making tons of money based on the issue price 0.079 and current market price 0.135
How to apply to be PP investors ?
=================== Directors might make more announcements to excite newcomers into the game
Sersol Berhad ("Sersol" or "the Company") - Appointment as an agent for the Malaysia Premium Visa Programme; This announcement is dated 25 October 2022.
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
FREE WARRANTS ISSUE OF UP TO 164,668,875 FREE WARRANTS IN SERSOL BERHAD ("SERSOL") ("WARRANT(S)" OR "WARRANT(S) B") ON THE BASIS OF 1 WARRANT FOR EVERY 5 ORDINARY SHARES IN SERSOL HELD AT 5.00 P.M. ON 11 NOVEMBER 2022 ("FREE WARRANTS ISSUE") Shareholder's Approval No Ex-Date 10 Nov 2022 Entitlement date 11 Nov 2022
================== Not many things are free in life Those baited by bonus share issue and bought at higher prices could be incurring losses Now directors giving bonus warrants to reward for big shareholders, new PP investors, and ....
Directors busy making announcement of HOA (Head of Agreement) Similar to MOU, Letter of Understanding....sama sama but called differently One way to attract newcomers to the stock ?
=============== SERSOL BERHAD ("SERSOL" OR "THE COMPANY") - HEADS OF AGREEMENT ENTERED BETWEEN SERSOL BERHAD AND NATURAL AND PREMIUM FOODS CO. LIMITED
=============== SERSOL BERHAD ("SERSOL" OR "THE COMPANY") - HEADS OF AGREEMENT ENTERED BETWEEN SERSOL BERHAD AND TAKUNI GROUP PUBLIC COMPANY LIMITED
=============== Sersol Berhad ("Sersol" or "the Company") - Memorandum of Understanding entered between Sersol e-Solutions Sdn. Bhd., a wholly owned subsidiary of the Company and Eminent Display Sdn. Bhd.
=============== Sersol Berhad ("Sersol" or "the Company") - Heads of Agreement entered between the Company and MJets Limited
================ Sersol Berhad ("Sersol" or "the Company") - Heads of Agreement entered between the Company, SMTrack Berhad, Country Heights Holding Berhad, Jiankun International Berhad, Techna-X Berhad, MQ Technology Berhad and 5G Infra Tech Solution Sdn. Bhd.
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
=============== Continue to monitor status update of HOA, MOU, many of which might be terminated after some time of no material development
Types of corporate proposal Private Placement Details of corporate proposal SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT I No. of shares issued under this corporate proposal 48,470,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0790 Latest issued share capital after the above corporate proposal in the following Units 592,130,909 Listing Date 18 Oct 2022
================== Directors good in shares issuance at attractive prices to reward lucky selected PP investors Millions profit within a month....master stroke How to apply to be PP investors?
================ Those who bought for the bonus shares have to wait longer to break-even or to reduce losses
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Changes in Director's Interest (Section 219 of CA 2016) Name MR TAN FIE JEN Total no of securities after change Direct (units) 540,690 Direct (%) 0.091 Date of notice 07/12/2022
Sersol Bhd expects its joint venture with Thai energy and electric vehicle (EV) motorbike specialist Takuni Group PCL to generate RM900 million in sales across Malaysia, Indonesia and Thailand.
Managing director Datuk Justin Lim Hwa Tat said the JV inked in Bangkok diversifies Sersol’s investment portfolio to incorporate a Malaysian entity to handle manufacturing, marketing and distribution of EV motorbike batteries, EV batteries, and charging platforms throughout the region.
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....
hoot9e996
1,752 posts
Posted by hoot9e996 > 2022-03-24 08:57 | Report Abuse
run while you can before they start slow selldown until 30c