Posted by nicholas99 > 2023-04-06 09:03 | Report Abuse

what happened

Posted by TCH1186 > 2023-04-06 09:13 | Report Abuse

rip-stock

Posted by m_faiza1 > 2023-04-06 09:16 | Report Abuse

Anybody can explain, why yesterday price 0.24 and today 0.10 ?

Posted by CharlesT > 2023-04-06 09:31 | Report Abuse

Ex Rights issues...oredi told u so last week

Posted by TheCrown > 2023-04-06 09:31 | Report Abuse

Manipulative stock.

Posted by CharlesT > 2023-04-06 09:33 | Report Abuse

Massive rights issues of 6 for 1 at RM0.03

OR will start to trade on next Mon.....

Good luck

Posted by CharlesT > 2023-04-06 09:38 | Report Abuse

Say if u bought at last traded price of Rm0.24 ytd, u will entitle to 6 rights (OR) n u can start to sell yr OR on next Mon if u dont wish to subscribe so.

At current Ex price of RM0.09, yr cost of 6 OR is RM0.24-RM0.09=RM0.15/6 = RM0.025 per OR

Posted by beinvested > 2023-04-06 13:36 | Report Abuse

1. Purchased prior to the consolidation, 1.5 sen X 20 units = 30 sen. After the consolidation, on 23 March, if managed to sell then at 38 sen for 1 unit, theoretically, making 8 sen.

2. If you are still keeping than consolidated 1 unit ( from 20 units), now can fetch 9 sen. But the entitlement of the Rights for 6 units may earn you 15 sen if/assuming that the price will be 2.5 sen each when they are tradable later. So, the value will be back to 24 sen in all, so the loses is 6 sen (excluding the entitlement of the Warrant C, 3 units).

3. Unless, the person had purchased at 38 sen a share on 23 Mar or 12 sen a share this morning.

Posted by TheCrown > 2023-04-07 14:59 | Report Abuse

Whoever bought this share, sure lose. It's a manipulative stock. Shame, our Bursa has so many counters like this.

Posted by BILLC > 2023-04-07 15:08 | Report Abuse

Cap ayam ni after rights back to 2 sen again,,,,forever 1,,2,,3 sen ,,,wakakaka,,,

Posted by tradeforlife007 > 2023-04-08 00:31 | Report Abuse

how to calculate -OR price? today price close 0.075, WB close 0.04

Posted by CharlesT > 2023-04-10 09:28 | Report Abuse

Rm0.01 X 6=RM0.06
Mother share RM0.07 now
Total Rm0.13 (RM0.24 last traded price b4 Ex)

Posted by CharlesT > 2023-04-10 09:29 | Report Abuse

A loss of 46%

Posted by whistlebower99 > 2023-04-10 09:39 | Report Abuse

FOR NEWBIES

1. Consolidation of every 20 existing ordinary shares in Eduspec (“Eduspec Shares” or “Shares”) into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”);

Ex-Date 23 Mar 2023
NOSH before consolidation = 3,046,287,361
NOSH after consolidation (20:1) = 152,314,368
Price after consolidation = 0.20

WB before consolidation = 275,453,358
WB after consolidation = 13,772,667
Maturity 2024-09-30
Adjusted Exercise price = 2.00

==================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 996,517,704 NEW ORDINARY SHARES IN EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") ("EDUSPEC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE TOGETHER WITH UP TO 498,258,852 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 7 APRIL 2023 ("RIGHTS ISSUE WITH WARRANTS")

=================
Ex-Date 06 Apr 2023
Closing price on 5 April = 0.24
Ex price = 0.06 - 0.08 (estimated)

=================
Date for commencement of trading of rights 10 Apr 2023
Date for cessation of trading of rights 17 Apr 2023
EDUSPEC-OR reference price = 0.065
10 Apr 2023 9.40am OR trading @ 0.01

================
Tale note of next important date:-

Acceptance and Payment 25 Apr 2023 05:00 PM
Excess share application and payment 25 Apr 2023 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 02 May 2023

Available/Listing Date 10 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3339177

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3339178

================
Directors set to raise up to a maximum of 996,517,704 X 0.03 = RM29,895,531
Faster and easier than generating profits from business operation

================
Long term loyal shareholders have their shareholdings consolidated and have to fork out more money to contribute to directors fund raising activity if intend to subscribe for the rights shares.

=================
TAYOR

Posted by whistlebower99 > 2023-04-10 10:12 | Report Abuse

EDUSPEC-OR trading at 0.005
Most likely rights issue subscription will be supported by friendly parties, proxies and friendly penny stocks with money from fund raising

Posted by jimwong > 2023-04-11 09:09 | Report Abuse

Any one can explain how the right issue and OR adjust the price? What is the calculation?
The Eduspec was 0.050 last wednesday, and the next day is 0.24, and +70% when the price at 0.85. Any idea why?

Posted by CharlesT > 2023-04-13 09:20 | Report Abuse

Rm0.005 X 6=RM0.03
Mother share RM0.06 now
Total Rm0.09 (vs RM0.24 last traded price b4 Ex)

A whopping loss of 60%+

All exiting shareholders kena burnt 99

Posted by Kbcpapt > 2023-04-13 12:43 | Report Abuse

CharlesT... why no reaction from top 10 shareholders

Posted by CharlesT > 2023-04-13 17:43 | Report Abuse

For those who r still holding, you will suffer hefty losses if u don't subscribe the rights issues.

However, if u subscribe the rights issues, there will likely 2 outcomes:

1) end up Menara Lien Hoe way....u will lose more

2) end up Tanco way, u will laugh to the bank

Place yr bet pls.

Posted by Kbcpapt > 2023-04-18 18:50 | Report Abuse

What happen to eduspec-or

Posted by M55555 > 2023-04-18 20:11 | Report Abuse

end trading . Now if you want take up the right , please do so before it end.
Easily done via online
https://tiih.online

Posted by TheCrown > 2023-04-18 22:27 | Report Abuse

Based on TA, double bottom... The price target is 0.210.. Hopefully more.. This is not a buycall just follow the Chart

Posted by M55555 > 2023-04-19 09:53 | Report Abuse

These 2 days sure attractive going up. If not siapa mahu the RI

Posted by sangjero > 2023-04-27 15:20 | Report Abuse

INVEST IN EDUSPEC

UPTREND

0.056
0.09
0.11
0.14
1.20
4.00

Posted by Sales > 2023-04-27 16:44 | Report Abuse

Everytime asked for right.....bought 30k become 750unit share. How to Invest???

Posted by Sales > 2023-04-28 13:48 | Report Abuse

Imagine bought at 0.30sen , become no value

Posted by Sales > 2023-04-29 06:33 | Report Abuse

Tklim, don't bring people to Holland

Posted by whistlebower99 > 2023-05-05 14:45 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 996,517,704 NEW ORDINARY SHARES IN EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") ("EDUSPEC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE TOGETHER WITH UP TO 498,258,852 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 7 APRIL 2023 ("RIGHTS ISSUE WITH WARRANTS")

=================
Details of such valid acceptances and excess applications received are as follows:-

____________________________________No. of Rights Shares_____% of total issue
Total valid acceptances________779,119,900___85.25
Total valid excess applications______576,009,353___63.03
Total valid acceptances and excess applications______1,355,129,253___148.28
Total Rights Shares available for subscription______913,884,504___100.00
Over-subscription______441,244,749___48.28

Successful applicants of the Rights Shares will be given Warrants C on the basis of 3 Warrants C for every 6 Rights Shares successfully subscribed for.


This announcement is dated 3 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3349798

===============
Rights issue with free warrant over subscribed by 48.28%

The Rights Shares and Warrants C are expected to be listed on the ACE Market of Bursa Securities on 11 May 2023.

Will the retail subscribers make money upon listing of rights and free warrant ?

Good luck but don't expect price to rise too high.

NOSH = 1,066,198,588 (exceeded 1 BILLION shares even after share consolidation !!!)
WC = 456,942,252 (estimated based on 3 WC for 6 rights shares)

==============
TAYOR, set realistic target

Posted by whistlebower99 > 2023-05-05 14:45 | Report Abuse

Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

===============

Posted by CharlesT > 2023-05-09 09:26 | Report Abuse

Prior to the shares consolidation of 20 into 1, mkt cap is around RM30M+ (3B+ shares @Rm0.01)

After the shares consolidation and the rights issues of 6 for 1 at RM0.03, mkt cap now is RM32M (1.066B shares @Rm0.03)

Posted by M55555 > 2023-05-09 10:11 | Report Abuse

RI price...akakakakakakkakaka

Posted by whistlebower99 > 2023-05-09 10:33 | Report Abuse

FOR NEWBIES

Be informed :-

Available/Listing Date 11 May 2023 for rights shares and warrant
Number of rights shares = 913,884,504 (@ 0.03 per share)
Number of WC = 456,942,252

=================
Will the price drop below rights issue price (0.03) like other penny stock rights shares?

Posted by CharlesT > 2023-05-09 10:59 | Report Abuse

Assuming u bought 2M at RM0.01 (total cost RM20K) b4 shares consolidation of 20 into 1, then u will have 100K shares after Ex Date (or average cost 100K at RM0.20)

Then u subscribe for the rights issues of 6 for 1 at RM0.03 (600K@ Rm0.03= RM18K)

So your total cost will be RM20K+ RM18K= RM38K

In return, u will have 100K + 600K (rights issues)= 700K mother + 300K Free warrant (WC)

Posted by CharlesT > 2023-05-09 11:06 | Report Abuse

Basing on the current price of RM0.03 n the possible opening price of WC at RM0.01 on 11 May, the mkt value of yr shares n WC on 11 May could be 700K @ Rm0.03 + 300K WC (Rm0.01) = RM21K + RM3k= RM24K

A possible whopping paper loss of RM14K or 36%+ from yr investment cost of RM38K

Posted by Joe > 2023-05-09 11:12 | Report Abuse

EDUSPEC needs a new management team to come in....to safe this company....

Posted by Joe > 2023-05-09 22:37 | Report Abuse

I believe... New investor coming in to company to make changest soon....

Posted by whistlebower99 > 2023-05-10 12:57 | Report Abuse

FOR NEWBIES

Renounceable rights issue of up to 996,522,210 Eduspec Shares ("Rights Shares") at an issue price of RM0.03 per Rights Share together with up to 498,261,105 free detachable warrants in the Company ("Warrants C") on the basis of 6 Rights Shares together with 3 free Warrants C for every 1 share held ("Rights Issue with Warrants")
EDUSPEC HOLDINGS BERHAD

i) EDUSPEC’s 456,942,233 Warrants C issued issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants C on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 11 May 2023.

ii) EDUSPEC’s 913,884,504 new Shares issued pursuant to the Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 11 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350687

================
Take note of listing date for rights shares and new warrant C

Even after share consolidation, close to 1 BILLION shares to be listed together with about 1/2 BILLION WC !!!

================
New NOSH = 1,066,198,588
WC = 456,942,233

================
TAYOR, don't expect price to rise much

Posted by Joe > 2023-05-11 23:05 | Report Abuse

However... It all depends on the new Boss coming in..... Soon...

Posted by whistlebower99 > 2023-05-12 14:13 | Report Abuse

New boss come in to takes care of own pocket not investors pocket.

RIGHTS ISSUE WITH WARRANTS

On behalf of the Board, Kenanga IB wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 913,884,504 Rights Shares, 456,942,233 Warrants C and 52,399,268 additional Warrants B on the ACE Market of Bursa Securities with effect from 9.00 a.m. today.

This announcement is dated 11 May 2023

Posted by TheCrown > 2023-05-12 15:18 | Report Abuse

Eduspec forever a scam counter.. Only the fool will being fooled by those bastrds manage thos bloody Eduspec hahaha

Posted by whistlebower99 > 2023-05-12 15:49 | Report Abuse

Amount raised from rights issue = 913,884,504 X 0.03 = RM27.5 million
Lots of quick and easy money

Monitor when will new boss finish using the fund

Posted by TheCrown > 2023-05-12 16:20 | Report Abuse

Simple, don't touch this bloody counter. Scam people's money only

Posted by CharlesT > 2023-05-13 10:35 | Report Abuse

LIST OF TOP 30 SHAREHOLDERS AS AT 31 May 2022 (Annual Report of Eduspec 2022)

1. CgS-CIMb Nominees (Tempatan) Sdn bhd
Pledged Securities account For andrew Tan Jun Suan (My1868)
3. Inter-Pacific Equity Nominees (asing) Sdn bhd
Pledged Securities account For Chen, Quanqing (aC0106)
6. Chen, Quanqing
9. Cimsec Nominees (Tempatan) Sdn bhd
CIMb For andrew Tan Jun Suan (Pb)
10. Lim Chia Loon
11. Ta Nominees (Tempatan) Sdn bhd
Pledged Securities account For Liang Tian Jing
12. JF apex Nominees (Tempatan) Sdn bhd
Pledged Securities account For Liang Tian Kiat (Margin)
14. M & a Nominee (Tempatan) Sdn bhd
Pledged Securities account For andrew Tan Jun Suan (M&a)
24. Ta Nominees (Tempatan) Sdn bhd
Pledged Securities account For Liang Tian Kiat
25. Shen, yumei
26. Lye Loi Keng
27. Lau Fei Fei
30. Er Chun Tat

Posted by CharlesT > 2023-05-13 10:56 | Report Abuse

The above r the shareholders of Tanco as well, leaded by Andrew Tan.

The game started since 2022.

After a series of major corporate exercise this year (20 shares consolidation into 1 and right issues), let's c who else will appear into the top 30 shareholders list in the coming Annual Report 2023 (to be released in June soon).

See whether Andrew n friends will bring all to Heaven or to Holland.....

Posted by Analyst > 2023-05-15 11:48 | Report Abuse

Scammers have thrown to sell shares for 6 million shares at 2.5 cents with such transactions done to create anxiety and panic for selling pressure to existing retailers.

Do not be too positive and place hope on the new management team as this is a 'JUNK' counter which there is limit to its performance.

Be risk prudent and fund management. Trade at your OWN RISK (TAYOR).

Posted by whistlebower99 > 2023-05-16 12:01 | Report Abuse

FOR NEWBIES

Take note change of substantial shareholders :-

Notice of Person Ceasing (Section 139 of CA 2016)

Particulars of Substantial Securities Holder
Name DATO' SRI ANDREW TAN JUN SUAN
Fall in the percentage of shareholdings arising from the enlarged share capital of the Company due to rights issue.
Date of notice 15 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351789

(DATO' SRI ANDREW TAN JUN SUAN is director of TANCO ?)

=====================
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

Particulars of Substantial Securities Holder
Name DATO' SRI GAN CHOW TEE
No of securities 78,285,500
Acquisition of shares via rights issue
Direct (units) 78,809,300
Direct (%) 7.392
Date of notice 15 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351788

(DATO' SRI GAN CHOW TEE is director of FITTERS?
======================

Sama sama directors of other loss making penny stocks

Posted by whistlebower99 > 2023-06-09 09:08 | Report Abuse

Price influencer can't fry share price trying hard to fry WB price

WB has only 66,172,666
Maturity 2024-09-30
Strike value 0.3300
https://www.klsescreener.com/v2/stocks/view/0107WB


Can easily fried up to 0.25 like VSOLAR-WB

Let enjoy the show

Bursa enforcement can't do anything about it

Posted by whistlebower99 > 2023-06-12 21:30 | Report Abuse

FOR NEWBIES

Renounceable rights issue of up to 996,522,210 Eduspec Shares ("Rights Shares") at an issue price of RM0.03 per Rights Share together with up to 498,261,105 free detachable warrants in the Company ("Warrants C") on the basis of 6 Rights Shares together with 3 free Warrants C for every 1 share held ("Rights Issue with Warrants")
EDUSPEC HOLDINGS BERHAD

i) EDUSPEC’s 456,942,233 Warrants C issued issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants C on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 11 May 2023.

ii) EDUSPEC’s 913,884,504 new Shares issued pursuant to the Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 11 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350687

================
Take note of listing date for rights shares and new warrant C

Even after share consolidation, close to 1 BILLION shares to be listed together with about 1/2 BILLION WC !!!

================
New NOSH = 1,066,198,588
WC = 456,942,233

================
TAYOR, don't expect price to rise much

Posted by whistlebower99 > 2023-06-13 09:09 | Report Abuse

Price influencer will likely attempt to play up the stock price for big RI subscribers to release their free warrants to retailer

Posted by gorengsaja > 2023-06-17 19:34 | Report Abuse

diretor buy at 0.035. hihi. let the collecting phase begin before up