Thanks for sharing. With private placement activities it looks like old tricks using by company director to con people money. Investors should stop investing unless the profit can improve significantly (at least for one year good track record).
@ Michael R Don’t be too Optimistic. Private placement activities + new shares issuance ongoing soon. It can raise funds thru share consolidation to squeeze investors
For investors who have invested since 2017, its share price needs to climb over 0.50 sen to cover back all losses and opportunity cost. Do you think it is possible for this lousy share to climb over 0.50 sen in short term?
2017 rich 20++ sen in second quarter. Then it continue to record lower and lower till 0.01/0.005 sen. Then reaching its peak last year 0.03 sen for a few hours in August 2020. Then drop back.
After that share consolidation + warrant issued. Squeeze investors money. 0.425 is opening price after share consolidation. Then dropping till 0.03 sen.
Yes…Some big fish just subscribe at 0.027 thru private placement. Even at 0.037 this super big fish still earning. Like to push up short term to dispose some shares. Be careful guy
No good news at all. Just penny stock trend only. This lousy company director won't make investors happy always. Might trap people soon. Trade carefully.
@Michael R Even at 0.36 it is still at a loss if we buy high before consolidation at 0.03 and above. It is still unable to cover huge losses due to lousy director ok
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) TRIVE PROPERTY GROUP BERHAD
Particulars of substantial Securities Holder Name AT SYSTEMATIZATION BERHAD Indirect/deemed interest (units) 324,525,575 Indirect/deemed interest (%) 25.68 Date of notice 26 Jan 2022
=================== TRIVE PROPERTY GROUP BERHAD
Date of change 06 Dec 2021 Name MR MAK SIEW WEI Age 46 Gender Male Nationality Malaysia Designation Executive Director Directorate Executive Type of change Appointment
====================
AT SYSTEMATIZATION BERHAD
Date of change 01/03/2013 Name Mak Siew Wei Age 38 Nationality Malaysian Type of change Appointment Designation Executive Director Directorate Executive
==================== Common director for both companies Using company fund from one to invest in another
1. Name AT SYSTEMATIZATION BERHAD (LOW PRICE PENNY STOCK) Indirect/deemed interest (units) 324,525,575 Indirect/deemed interest (%) 25.68 Date of notice 26 Jan 2022
2. Name UBS AG LONDON (FOR UNDISCLOSED NOMINEE ACCOUNTS) Direct (units) 75,816,600 Direct (%) 6 Indirect/deemed interest (units) Indirect/deemed interest (%) Date of notice 20 Jan 2022
Mak Siew Wei is director in following companies 1. AT SYSTEMATIZATION BERHAD 2. TRIVE PROPERTY GROUP BERHAD 3. AE MULTI HOLDINGS BERHAD 4. ADVANCE INFORMATION MARKETING BERHAD 5. PASUKHAS GROUP BERHAD 6. GREEN OCEAN CORPORATION BERHAD
Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. Show Multi year losses, multi quarter losses 3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition 4. Directors utilise most of the fund raised 5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue 6. Repeat step 1 to 5
================== Corporate exercise of share consolidation followed by fund raising via rights issue:-
07 Jan 2021 20 Jan 2021 Rights Issue (warrant) 12.0000 : 2.00 0.1100 09 Dec 2020 22 Dec 2020 Share Consolidation 1.0000 : 25.0000
================== Dec 2020 = 3,760,834,402 Shares consolidated into 150,431,220 Shares
Feb 2021 = listing and quotation of 902,587,320 Rights Shares and 526,509,027 Warrants C on the Main Market of Bursa Securities
=================== Total NOSH after above exercise = 1,053,018,540 Current NOSH = 1,263,622,240 exceeded BILLION shares even after share consolidation WC = 526,509,027
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
================ TAYOR, set realistic target
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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....
uncensored
2,694 posts
Posted by uncensored > 2021-12-28 12:49 | Report Abuse
Ya...
stockraider SHE is a copycat, love to copy & paste.
A old woman that doesn't have principles