Normally the 241.6 million new shares will be issued at a discount below 4 sens like 3.5 sens so that the operators can make money from the public?
Doesn't looks good. Mlab Shareholders have been substantially diluted in the past year after the rights issue with total shares outstanding growing by 1051.7% to 1.449 billion shares. If MLab makes a new private placement of another 241.6 million new ord. shares. The no of shares available in open market will increase to 1.6906 billion shares diluting shareholders value ever further!
Mlabs Systems Berhad
Oct 01 Full year 2021 earnings released: RM0.022 loss per share (vs RM0.35 loss in FY 2020)
Full year 2021 results: Revenue: RM84.0m Net loss: RM14.6m Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings.
Just wondering the 10 to 1 share consolidation and rights issue was just completed in Dec 2020 to dilute shareholders value by over 1,000% to 1.449 billion shares..after10 months why the need for private placement of another 241 million new shares at a discount to dilute shareholders value further when MLab supposed to have RM100 million cash on paper? Another potential Sanichi in the making?
This an investor's forum if you can't communicate in english the international language for investors how to be a good promoter? Don't be a Jaguh Kampung!
Good123 Cakap bahasa orang putih tapi pengetahuan sifar pulak... usah bandingkan sanichi dengan mlabs. sanichi satu suku tahun jualannya kian merosot sehingga RM1juta+, mlabs pulak kian naik sampai RM50juta++
Pergilah belajar lebih sedikit. tolong!!!!!!!!!!!!!!!!!
@sailang_now Just wondering the 10 to 1 share consolidation and rights issue was just completed in Dec 2020 to dilute shareholders value by over 1,000% to 1.449 billion shares..after10 months why the need for private placement of another 241 million new shares at a discount to dilute shareholders value further when MLab supposed to have RM100 million cash on paper? Another potential Sanichi in the making?
Amboi Fasihnya BI mu. Good123 memang bukan calang orangnya. Kalau jerung mana boleh berbahasa BI dengan begitu fasih. Memang gua kasi satu like sebab menggunakan BM sebagai bahasa pengantara di dalam forum ini. Ini lah sebab kita dulu belajar BM di sekolah kebangsaan dulu dan menggunakannya sekarang untuk berbicara dalam dunia dagangan saham.
At first, I really think this is a fanatic supporter but after seeing MLAB and the message pattern in PASUKGB, my sincere advice, don't blindly believe on the bombarded message so called project, mou and positive news.....
This kind of counter is like you need have alot of fund to keep increasing your stake in catching that rebound moment which will not last long, it is like you buy 20 cent, then drop to 10 cent, then you need buy 2x, then drop to 0.05, you need buy 4x, lol, yes, this is madness if you never meet that rebound moment at all, keeping the shares once drop till 50%++ will be suicide so far I see.....
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....
sailang_now
634 posts
Posted by sailang_now > 2021-10-11 08:57 | Report Abuse
Normally the 241.6 million new shares will be issued at a discount below 4 sens like 3.5 sens so that the operators can make money from the public?
Doesn't looks good. Mlab Shareholders have been substantially diluted in the past year after the rights issue with total shares outstanding growing by 1051.7% to 1.449 billion shares. If MLab makes a new private placement of another 241.6 million new ord. shares. The no of shares available in open market will increase to 1.6906 billion shares diluting shareholders value ever further!
Mlabs Systems Berhad
Oct 01
Full year 2021 earnings released: RM0.022 loss per share (vs RM0.35 loss in FY 2020)
Full year 2021 results:
Revenue: RM84.0m
Net loss: RM14.6m
Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings.