Newbies,please monitor this issue, before you put your hard earned money buying this counter.
When will PEARL GLOVE (glove factory seller) refund the $4.44m (full purchase price) paid by AT Sys while dilligence was conducted? Have you heard of CEO ,paying full amount ,while doing due dilligence? This is first time in history, a CEO pay FULL AMOUNT while doing due dillegence.
NOw the case was already in the court 3 years already, still no news. Why is it soooooooooooooooooooooooooooooooooooooooooooooooooooo difficult for the court to complete the case? Is it a rocket science problem or just a simple case? How does a court system works? How does the court registrar handle a case? Who is the court registrar?.
If SC dont bother about this $4.4m money being lost, that mean no hope for retailers. It mean SC will close one eye when another case happen again.
How to predict in advance that a company is hiding a fraud? 1. Keep changing external auditor . 2. Keep changing financial years often to delay issue annual report 3. Keep changing accountant/financial controller like hotel guests. 4. ACCOUNT RECEIVABLE is unusually large vs account payable. Money stuck or goods sold to cronies. 5. Keep printing billions of shares to suck cash from shareholders. 6. Involved in court cases often to "sue" a third party for not paying the debts. The 3rd part may also be the cronies actually 7. Qtrly revenue almost zero over past 10 years. 8. The company seems to take huge bank loan, or 2 years later issue huge right shares "for working capital and pay bank borrowing". This one most common tricks by banks to recover bad loan from listed company. 9. ‘Meteoric’ rise in both revenue and profits DESPITE industry outlook, are also red flags. Say industry average growth is 5%, but this guy shows 50% growth, per year 10. Sells its product to one customer. Obviously it is easier to be in cohhort with one party instead of many parties. Goods sold become huge bad debts 11. The company buys few FERARI for its directors...Megan Media... 12. Cash flow and profit imbalance. If its getting wider year by year, avoid. 13. Reports FAKE revenue of billions,fake growth......to sell their bonds. China developer Evergrande 14. Tyco International USA. CEO and CFO siphon off $150m USD via loans to directors. Beware of some listed NON-FINANCIAL company also having money lending license. EKRAN Ting Pek King, took 700m fromEkran via the company money lending license. $700m was never paid back. 15. Ekran holding money lending license. Lend 700m to Ting Pek Kim via is money lending facilty. $700m never come back . NETX holding money lending license. Why?. 16. The company buy a $5m asset, MAKE A FOOL OF THE FOOL PAYMENT OF $5M, while due dilligence is going on. 17. The compny has no revenue but issue lots of "bond", Right issue ,ESOS, PP. which are basically a type of "IOU/bond" to the retailers. 18. The company change its name ? Have you seen Public bank or Sime Darby or TM changing names , at all? Be cautious and run once you see this happen
Still got one... said to be managed by ..Highly-skilled professionals with strong knowledge and experience in various key corporate fields include Capital Market Advisory, Corporate Finance Advisory and Private Equity Investments, Marketing, Customer and Relationship Management, Financial Management and Investment Strategies.
AT long term retail shareholders will incur huge losses arising from share consolidation of 30 to 1. After share consolidation, directors will again raise and collect more funds via shares issuance to RI, PP and ESOS Similar modus operandi used by multi-year loss making penny stocks directors
proposed consolidation of every 30 existing ordinary shares in ATS (“ATS Shares”) held by the shareholders of the Company on an entitlement date to be determined and announced later, into 1 ATS Share (“Proposed Share Consolidation”); and
Ikan Bilis from 2020-2022 certified dead. New recruit opening for Year 2023. Registration fee waived. Greed makes man blind and foolish, and makes him an easy prey for death
As KK Park, a criminal scam park has long been published on online news, Tik Tok, YouTube, X (Twitter), newspapers, etc. New gimmicks are regularly changing with time and new victims are still volunteerly available to fall into the traps these days.
This counter is trapped investor. See their pattern ie esos, private placement and press down their shares. They got no choice to consol cos current price they cant press down anymore
I was sacked from attian group by the admin, because the price coming down to 3sen,and I said possible consolidation, very bossy admin.donot know the millionaire group still exist
Congratulations to all the diehard ATIANs .... you finally got your '30sen' target price. LOL Now watch for PP and fund raising exercises, to increase the NOSH again. And watch as the price go down slowly back to a few 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....
tehdiven5519
174 posts
Posted by tehdiven5519 > 2023-10-21 09:38 | Report Abuse
SC pls investigate. Why so many MOU cancelled?