Posted by khpwwl > 2021-04-16 14:54 | Report Abuse

they really press hardly to collect cheap shares..

Posted by khpwwl > 2021-04-16 14:55 | Report Abuse

the last should be 0.315-0.310

Posted by khpwwl > 2021-04-16 14:58 | Report Abuse

they want to go back to mco 1.0 ....? before mco the price ard 0.345?

Posted by HannahM > 2021-04-16 15:04 | Report Abuse

Nak split share to minimum 20 cents, silap2 before split dah 20cents hahaha

Posted by ted6328 > 2021-04-16 15:12 | Report Abuse

Everyday drop 4 cents, next Monday will be 0.275~0.28

Posted by HappyBuyer > 2021-04-16 15:37 | Report Abuse

The lowest point in 2020 was 0.200........Could it drop back to this lowest point?

Posted by ted6328 > 2021-04-16 15:41 | Report Abuse

big volumes keep throwing to buyers. no support until big institutions change hands.

Posted by khpwwl > 2021-04-16 15:46 | Report Abuse

0.405 - 30% = 0.26-0.28 +-

Posted by khpwwl > 2021-04-16 15:52 | Report Abuse

focus owed 30%, dont you think focus is throwing? who got such a lots of shares can throw til non-stop, and buy sell buy sell continually

Posted by fidaus2005 > 2021-04-16 16:36 | Report Abuse

Alreaady cut my share 320..sob3...

Posted by Tesla > 2021-04-16 16:40 | Report Abuse

Market no money still want to ask for right issue.... die hard to 10 cents.

Posted by ted6328 > 2021-04-16 17:45 | Report Abuse

Another Sapnrg! Ask money but never turn the company to profits.

Posted by piranha88 > 2021-04-16 17:50 | Report Abuse

@Titan,

The price must maintain 40 cents before split.
Not become at least 20 cents after split. There is a difference. So easy make money meh? If like that everyone jump in already. But but but maybe will goreng the stock to 40 cents and above to make share split a reality. If company goreng, can they sustain the price for 3 months? What if the share cannot maintain 40 cents for 3 months bef the share split, will the share split proceed? Too many ifs. Better switch to other counters. Latest report. They had much cash but that is bec of PP in November 2020. Now share split and furthermore rights which is similar to PP.

Posted by ted6328 > 2021-04-16 19:37 | Report Abuse

Share split is a wrong measure, most companies asking money by issuing right issues for business expansion. Now this company sell their core business, and start oil trading business. Diluting market shares will make investors worried, must ask why! It is our money, don't simply give it to company that hasn't known their futures.

Posted by FutureGains > 2021-04-16 23:11 | Report Abuse

Really??? after adjust the minimum share price will be RM0.20??


can it be split to 17c , baru goreng to 20c???

Posted by gemfinder > 2021-04-16 23:13 |

Post removed.Why?

Posted by Soonhou03 > 2021-04-16 23:43 | Report Abuse

cut le 330

Posted by ted6328 > 2021-04-17 00:40 | Report Abuse

Based on their announcement document:

"Accordingly, the Proposed Share Split is in compliance with Rule 6.31(1A) of the ACE
Market Listing Requirements of Bursa Securities ("Listing Requirements"), which
requires the adjusted price of a Share to be not less than RM0.20 based on the daily
VWAP of the Shares during the 3-month period up to the LPD, pursuant to the provision
under Rule 13.04(1) of the Listing Requirements."

Share split, not necessary 1 to 2, but will base on share prices in order to meet the requirement, not less than 0.2.

So don't expect share prices can go back to 0.4

Posted by Prudent2 > 2021-04-17 08:10 | Report Abuse

Ted@.. can a share split announcement be adjusted to accommodate one of the requirements of a minimum price of 0.20 per share ex-split ?

Posted by ted6328 > 2021-04-17 09:26 | Report Abuse

According to ace market requirements, they have to comply. Either adjust the share split or share buyback to support the price above 0.4. Do they want to do that? Do they have fund?

Posted by ted6328 > 2021-04-17 09:29 | Report Abuse

I cut loss at 0.355 which was too late when i read their announcement. its support was broken @0.39.

Posted by ted6328 > 2021-04-17 09:31 | Report Abuse

Never avg down! If rebound, just sell to reduce the loss.

Posted by Lydia6061 > 2021-04-17 12:28 | Report Abuse

Power88. Correct largest shareholder is avb. Avb owned is own by yap yoon sing, Wang huei yin, chin ooi wee. By company search. Company has asset 20 mil. Not some first berry less than 100 dollars company

Posted by piranha88 > 2021-04-17 15:39 | Report Abuse

In nov 2020, Techfast top executives have sold down their stakes and long-serving CEO Jason Yap Yoon Sing has resigned and sold down his equity holding from 16.5% to under 5%.

Posted by daydreamer > 2021-04-17 16:16 | Report Abuse

https://www.enanyang.my/node/397840

they in trouble now... all dep are investigating them

Posted by power88 > 2021-04-17 17:06 | Report Abuse

hopefully this company really for future business not hanky panky punya...if you read the proposal,very good..

Posted by ted6328 > 2021-04-17 21:34 | Report Abuse

More investors bought the stock because of the contract on oil business. It was quite attractive. However, since the news was out, share price keep dropping. 1st mistake for investors to buy while dropping, basically it was cheaper everyday, and holding for mid~longterm. 2nd mistake was avg down after announcement on right issues, dilution of share via share split, and causing the support broken.
Short term pain on loss <15% is much better than long term pain >50%. Small investors like us, don't have holding power, in addition, losing opportunity and time if keep holding losing stocks.
Just my opinion after having burnt by Sapnrg.

Posted by HIGHCHAPERAL > 2021-04-17 21:45 | Report Abuse

Please stay away from this stock. It is the worst stock in KLSE !

Posted by ted6328 > 2021-04-17 22:12 | Report Abuse

Yes. Must cut loss before it is getting worst

Posted by Lydia6061 > 2021-04-18 07:30 | Report Abuse

Pls la want to invest in stock need to see graph. Don't be the 90% unprofitable retailer. Graph of 15 minutes shows entrance of banker at 4:15 onwards. When stock reach bottom end, it goes up. Pls hold for your all hard earned money

Posted by kion11 > 2021-04-18 09:14 | Report Abuse

power88 (1A) A listed corporation must ensure that its share price adjusted for a bonus issue is not less than RM0.20 based on the daily volume weighted average share price during the 3-month period before the application date
17/04/2021 4:57 PM

are you highlighting the key word " before the application date"....meaning after that can go below 20sen. If that is the case, is the price being pushed up just to meet the conditions for share split??

Posted by piranha88 > 2021-04-18 10:10 | Report Abuse

@ kion11
Yes. Price can go below 20 sen after split.
And price can be pushed up to meet conditions for share split. But i don't think whoever pushes it uo can maintain that price for 3 months. Price might be pushed up a bit for them to throw then it goes down again, I think. It's a big sell if you look at the charts and if you read their latest financial report and with the rights and splitting, it is quite difficult to go high again unless goreng?

Posted by ted6328 > 2021-04-18 11:11 | Report Abuse

Not optimistic if business plan is not convincing. Up to investors whether to hold for long term or short term. If long-term, can hold and invest more money on right issues. And if luckily, within 1 year, can make profit. If not lucky, like Sapnrg, years also can't recover for whoever subscribed to right issues.

Posted by Redplanet > 2021-04-18 11:21 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3327233

PP @0.375sen...rugi Besar 3.4mil for Subscribers from ordinary shares via Private Placement

Posted by Redplanet > 2021-04-18 11:32 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3323861

2.2bil x 3% profit margin / 3 yrs = ???

https://www.klsescreener.com/v2/announcements/view/3329535

550mil x 3% profit margin / 4yrs = ???

Posted by sg999 > 2021-04-18 11:41 | Report Abuse

RUGI BESAR??? sudah take profit lor...for pp investor.

Posted by Redplanet > 2021-04-18 11:44 | Report Abuse

Look at who subscribe from PP...

Posted by Goldberg > 2021-04-18 11:47 | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/2021-04-18-story-h1563369116-Gov_t_must_consider_a_second_moratorium_for_loans.jsp

Posted by Redplanet > 2021-04-18 11:47 | Report Abuse

Lol AVB venture Sdn Bhd no longer big shareholder since last year Oct/20

https://malaysiastock.biz/Company-Announcement.aspx?id=1267326

Posted by GorengGroupFB > 2021-04-18 12:04 | Report Abuse

wah, i see ppl circulating this list i created already...
I've added a few[the one's in caps]

https://www.theedgemarkets.com/article/special-report-share-issuances-new-getrichquick-scheme-town

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

https://www.theedgemarkets.com/article/hidden-hands-behind-penny-stock-surge

Please stay away from these stocks if you like your money. And if you don't, give it to me:)
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anzo
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BRAHIM'S HOLDING
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Posted by ted6328 > 2021-04-18 17:03 | Report Abuse

Next support 0.28, if broken, 0.245, if drop further, next is 0.19 @ March 2020 (low).
Good luck to techfast investors

Posted by ted6328 > 2021-04-18 17:05 | Report Abuse

Either avg down @ 0.19 (worst case) or sell @ rebound?

Posted by CEDgain > 2021-04-19 08:41 | Report Abuse

If the boss really want to venture in new business. Should maintain the price, so that can raise more fund.

Posted by power88 > 2021-04-19 08:48 | Report Abuse

yes...hopefully this company really need fund for business not for cheating shareholder

Posted by power88 > 2021-04-19 09:53 | Report Abuse

0.30 cents got big volume,sure they dump 0.30 ….below 0.30 soon

Posted by mingtee3 > 2021-04-19 09:57 | Report Abuse

Most likely 0.28 at closing.....

Posted by matsukabird > 2021-04-19 10:04 | Report Abuse

unless the price push up immediately, should the price goes further low revealed the market investors not looking good in the corporate exercise.

Posted by Citadel9999 > 2021-04-19 10:05 |

Post removed.Why?

Posted by power88 > 2021-04-19 10:13 | Report Abuse

look like nothing relate with Oil bunking business..haha.. just dump

Posted by CEDgain > 2021-04-19 10:15 | Report Abuse

I wonder how they push to 40sen to execute split shares. All investors alr loss faith.