Trade with caution. Take your money and leave this lapsap stock forever unless they can bring in profit from businesses. Unethical directors will continue to siphon money by issuing shares to esos and private placement and rights issues.
Trade with caution, see what happen to DGB, Mlab after they do share Consolidation + Right issue, the price up to attract investor but once Ex date will down like hell, this company have related to Fintech Global, read the edge article "The name behind penny stock".
cashflow I have cut my loss at this price. It might go up, but I am putting my position in VC-WC, will goreng someday. ............ VC wc can ah, like that I also cut loss and park there
After completing rights issue, total share issued will be bloated to 1 billion again. If continue to issue more shares to esos and private placement the total shares issued will be increased to multi billion again. Never ending story of raising funds for no purpose to benefit company and shareholders.
RENOUNCEABLE RIGHTS ISSUE OF UP TO NEW ORDINARY SHARES IN ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH FREE DETACHABLE WARRANTS. ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS.
RENOUNCEABLE RIGHTS ISSUE OF UP TO NEW ORDINARY SHARES IN ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH FREE DETACHABLE WARRANTS. ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS.
RENOUNCEABLE RIGHTS ISSUE OF UP TO NEW ORDINARY SHARES IN ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH FREE DETACHABLE WARRANTS. ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS.
Alibabainf : Where did you get RM 0.12? Get it right the first time, not 3 times in error if you want to post here. It is RM 0.10. Suggest you delete your posting
This lapsap company will just repeat the process after completing the rights issues to raise more money from shareholders.
Issue and sell more shares to esos and private placement and increase the total share issued to multi billion again. Then undertake share consolidation and force shareholders to subscribe to rights issue again.
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....
PakMan
429 posts
Posted by PakMan > 2021-04-28 10:53 | Report Abuse
EDARAN very low floating share. Price still cheap. QR is green and way better than MTOUCH. This is the next counter to the moon guys.