Now we have 3 penny stocks currently on shares consolidation list. Latest to join the list is AGESON BERHAD (19 Jan 2022)
1. KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") PROPOSED SHARE CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN KANGER ("KANGER SHARE(S)") INTO 1 KANGER SHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")
2. METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued shares. Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
Trade wisely, set realistic target, don't be trapped at high prices
For 1 to 1.5cts share investors can decide on their own the risks involved. If kaput u lose 1-1.5cts if the regularisation they mamaged to get done then we will see the reward. So can u afford to lose 1-1.5cts if u buy now ???
tomorrow is the day, to determine what will lead Daya .. hopefully, Daya will be raised back to its Glory Days, as tech stock dropped, energy stock should go up, or whichever Daya revenue comes from, let's get this DAYA back on track
The price will become 0.001... Means, you will rugi more and more.. Unit less, price less, just come out from Pn 17, then the newco will do the same.. It's their trend on tekan people.. Don't bother to top-up, just ignore and trade other counters.. Not this well known goreng stock
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....
freddiehero
16,682 posts
Posted by freddiehero > 2021-10-24 16:59 | Report Abuse
vroom? u confidence also ka..