Base on your dream? Perhaps if PN win on 12th Aug PRN better chance? Under PM-X HM has dropped so far and now is near 52 week low.
tklim
If you are looking for stocks with good returns, HM Bhd can be a profitable investment option. HM Bhd quote is equal to 0.1050 MYR on 2023-07-30. Based on forecasts, a long-term increase is expected, the "0060" stock price prognosis for 2028-07-24 is 0.112 MYR.
Harvest Miracle to divest 40% stake in Viewnet Computer System to related party
KUALA LUMPUR (Sept 20): Harvest Miracle Capital Bhd, formerly known as Vortex Consolidated Bhd, has proposed to dispose of a 40% stake in its wholly-owned subsidiary Viewnet Computer System Sdn Bhd (VCS) in a related party transaction.
The group said it is selling the stake for RM14 million to Basetex Sdn Bhd, whose sole director and shareholder Pang Kim Moon is also a director of VCS.
“The proposed disposal is viewed as a positive move for the group, driven by the anticipation of positive outcomes," said Harvest Miracle in a bourse filing on Wednesday.
“With the senior management actively participating with equity stakes, there will be a heightened level of involvement in decision-making processes, paving the way for the formulation of robust future business strategies and directions.
“Furthermore, the proposed disposal offers an opportune moment for the group to promptly unlock and realise the latent value embedded within VCS' investment and assets,” the group said.
Harvest Miracle expects to gain RM10.93 million from the stake disposal, which it plans to use to fund its working capital, and partially to repay its latest acquisition of 187 serviced apartment units in Genting Highlands.
VCS is principally engaged in trading of information technology and information communications technology-related products, including hardware, software and accessories.
For the financial year ended March 31, 2023, VCS reported a net loss of RM1.58 million. It had net assets of RM9.13 million as at the end of the year.
How to answer the operating expenses for last qtr was so high 18mil. Increased from prev Qtr 10mil only. 2 Qtrs ago was 4mil only. Why increased by so much?
My grand parents had rice three times a day everyday. Grandma lived at 104 and grandpa lives at 97. I'm Msian. There are a lot of 100 years old people here in Msia, and they also basically eat rice three times a day, at least twice a day. Its no problem if you eat rice. There are tons of living evidences.
The stock has been chopping sideways for the past 4-months or so. Yesterday, prices pushed out of this sideways trend, breaking out to a new 52-week high. The higher highs and higher lows structure from RM0.11 low late last year keeps the uptrend intact. The stair-stepping move higher keeps the bulls in control for the short-term.
The Moving Average Convergence Divergence (MACD) has climbed to a new 4-month high while the Relative Strength Index (RSI) is also edging higher. Both indicators are constructive of the current short-term uptrend.
We think that aggressive traders may want to go long here or on weakness with a stop-loss set at RM0.125 (a tick below the 50-day EMA). On the upside, prices may continue to work their way higher to test the historical resistances at RM0.17 and RM0.195 next.
Harvest Miracle (formerly known as Vortex Consolidated)
Announced EX Date Subject Ratio Offer 16 Mar 2021 29 Mar 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.1700 18 Jan 2021 02 Feb 2021 Share Consolidation 1.0000 : 4.0000 29 Mar 2019 10 Apr 2019 Rights Issue (warrant) 1 : 5 0.1500 29 Mar 2019 10 Apr 2019 Rights Issue 3 : 1 0.0500 09 Jan 2019 22 Jan 2019 Share Consolidation 2 : 1 28 Jul 2015 07 Aug 2015 Share consolidate 2 : 1 06 Dec 2011 16 Dec 2011 Rights Issue (warrant) 2 : 1
Previous corporate exercises to raise fund by directors who are good in shares issuance and share consolidation
Looks like another high NOSH mainly loss making penny stock in the making
=============== Notice of Person Ceasing (Section 139 of CA 2016) HARVEST MIRACLE CAPITAL BERHAD Particulars of Substantial Securities Holder Name MADAM CHAN SWEE YING Name of registered holder HONG SENG CAPITAL SDN BHD PLEDGED SECURITIES ACCOUNT FOR EPIC PAVILION SDN BHD Date of cessation 29 Feb 2024 No of securities disposed 158,197,507 Date of notice 29 Feb 2024
================= Madam Chan also with link to HONGSENG, MMAG, INGENIEUR GUDANG (formerly DYNACIATE), CLASSITA HOLDINGS BERHAD (formerly CAELY), VELOCITY CAPITAL (formerly CSH)...
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....
Peace99
2,264 posts
Posted by Peace99 > 2023-06-01 20:00 | Report Abuse
Conversion of 1/4 million of preferential shares at 48sen! Why and by who?
I remained invested, waiting for its agriculture sector to reward us.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3358650