Look likes it will become an investment company soon, to generate income from the trading in money market and listed equities ???? Because the revenue generated from the F&B is about RM2.4m (3 months ended 30/9/23).
Announced EX Date Subject Ratio Offer 11 Oct 2023 25 Oct 2023 Share Consolidation 1.0000 : 10.0000 View 18 Nov 2020 01 Dec 2020 Rights Issue (warrant) 2.0000 : 1.000 0.1000 View 18 Jul 2014 06 Aug 2014 Others (warrant) 1 : 4 View
================= After share consolidation of 10 to 1, NOSH is at a low level What would directors do next? Likely to raise more fund via share issuance to PP, ESOS, RI, asset axquisition ???
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
“whistlebower99 > FOR NEWBIES Announced EX Date Subject Ratio Offer 11 Oct 2023 25 Oct 2023 Share Consolidation 1.0000 : 10.0000..directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc”
Newbies, the share Consolidation in Oct 2023 from 1sen x 10 adjusted to 10sen, now traded at 18sen, a gain of 80%. The trend now is not PP, ESOS, RI etc, it is BI of FREE warrants. Example: NETX - Notice of Bonus Entitlement BONUS ISSUE OF UP TO 468,976,320 WARRANTS IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("WARRANTS D") ON THE BASIS OF 1 WARRANT D FOR EVERY 2 EXISTING ORDINARY SHARES IN NETX HELD AT 5.00PM ON 15 JULY 2024 ("BONUS ISSUE OF WARRANTS") JAG - ISSUANCE OF 368,903,282 WARRANTS IN JAG ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 5 EXISTING ORDINARY SHARES IN JAG HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ("BONUS ISSUE OF WARRANTS")..listed on Wednesday, 3 July 2024 with close to 10X gain; and many more others example. Note: I don't hold any Gocean share, only holding millions of Focus-PA in which mother Focus D is a majority Shareholder of Gocean. My FREE info is to highlight the 80% of Focus D gaining financially from this consolidation exercise. @whistlebower99 could be correct in his/her FREE sharing as previously, the trend of PP, ESOS, RI etc with close to 10% discounted price are very disadvantageous to existing shareholders. How about this New trend of BI with FREE warrants? The answer is in the AIR, my friend, as always Happy Trading and TradeAtYourOwnRisk.
Free warrants sound so good coz it is FREE Lucky we got free air and water from Nature. Other than these, not many things created by man are free for others.
Free warrants will definitely benefit big boys holding big chuck of the shares to receive big chunk of free warrants to control and goreng. Free warrants might eventually be released into market for retailers to hold until expiry date without any returns when exercise price exceeded share price If free warrants are converted into shares, retailers will have their small equity % further diluted. Same goes to the EPS if any
“whistlebower99 > Free warrants sound so good coz it is FREE..free air and water from Nature…If free warrants are converted into shares, retailers will have their small equity % further diluted. Same goes to the EPS if any”
Good narrative. Posting at i3 is also FREE. What is this BI of FREE warrants ‘if’ converted? Unlike PP and RI which pay first, BI is paid later ‘if’ the ‘conditions’ are met..nothing to lose. Recent JAG BI of FREE warrants is a very good example of what happens to these FREE warrants; it is not FREE at all. The highest price of JAG is around MYR0.4 (graphically BI adjusted 0.335) before BI drops to MYR0.28. The price dropped further to lowest MYR0.245 after the ex price. Details from Link: https://www.klsescreener.com/detail.php?code=0024 As shown, the FREE warrants are actually not FREE for those holding at the highest price (actually there are two BI, 1 for 5 and 3 for 5). I managed to buy some ex BI at MYR0.25; wish me luck..as always Happy Trading and TradeAtYourOwnRisk.
Announced EX Date Subject Ratio Offer 11 Oct 2023 25 Oct 2023 Share Consolidation 1.0000 : 10.0000 18 Nov 2020 01 Dec 2020 Rights Issue (warrant) 2.0000 : 1.000 0.1000 18 Jul 2014 06 Aug 2014 Others (warrant) 1 : 4 View
===================== NOSH = 211,159,233 after share consolidation in Oct 2023
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
=========== Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
After share consolidation (1:10) in Oct 2023, Current NOSH =211,159,233
Expect directors to go for massive fund raising via shares issuance to Rights issue, private placement or ESOS if directors unable to consistently generate profits from businesses
Predict when will the NOSH exceed 1 BILLION shares again !!!
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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....
ysyap84
170 posts
Posted by ysyap84 > 2024-02-21 19:05 | Report Abuse
Look likes it will become an investment company soon, to generate income from the trading in money market and listed equities ???? Because the revenue generated from the F&B is about RM2.4m (3 months ended 30/9/23).