Particulars of substantial Securities Holder Name SANICHI TECHNOLOGY BERHAD Name of registered holder SANICHI TECHNOLOGY BERHAD 1.) Acquisition of 91,270,000 ordinary shares via open market. 2.) Disposal of 11,970,000 ordinary shares via open market.
Direct (units) 123,300,800 Direct (%) 7.88 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Total no of securities after change 123,300,800 Date of notice 01 Sep 2021
========================== PENNY STOCK INVEST IN PENNY STOCK
========================== CONTINUE TO MONITOR :- UTILISATION OF COMPANY FUND FOR STOCK INVESTMENT DIRECTORS PLAN TO RAISE MORE FUND VIA SHARE ISSUANCE TO ESOS, PP FINANCIAL RESULT FOR NEXT FEW QUARTERS (COMING SOON BY MONTH END)
Please study Sanichi financial results carefully. Sanichi still cash rich with cash & cash equivalents at RM154M Total liabilities RM68M NTA RM0.20 At current price only 15% of NTA
CASH RICH FROM SHARES CONSOLIDATION FOLLOWED BY RIGHTS ISSUE WITH FREE WARRANTS. NOT FROM REAL BUSINESS PROFITS. OTHERS INCLUDE PASUKGB, PDZ, MTOUCHE, KANGER, NETX, ETC THAT HAD SIMILAR EXERCISES TO DID SHARES CONSOLIDATION AND RAISE FUND FROM SHAREHOLDERS VIA RIGHTS ISSUE
Usesless... 10k% drop in financial performances... Co more interested to buy n sell shares ... Someone could be profitong for their losses... Beware consolidation anytime if many retailers join in.. if none then they will turn to bullish??
As of 31 December 2020 Sanichi NTA was RM0.14 Number of shares outstanding 2 Billion. According to historical data from Yahoo Sanichi closing price on 1 March 2021 was RM0.17 Now with number of outstanding shares at only 1.4 Billion higher NTA at RM0.20 & more cash rich are investors who have subscribed to the RI being duped to panic sell for smart buyers to buy & collect cheap? Investors forget history. easily swayed by sentiments
Those who throw out at RM0.025 definitely lose money if subscribed to RI. Sanichi BS is solid with RM139.2M more liquid assets than total liabilities. Sanichi has sufficient cash runway for more than 3 years if maintain current positive free cash flow. Don?t understand why shareholders are so negative.
In Malaysia the easiest to verify and audit is cash balance. The fact that from Sanichi latest financial reports of cash RM154M is good enough. I doubt this figure can be manipulated
KLSE green back to 1600 soon . Sanichi claimed to cash rich - verified by Mathematician in this forum and soon to make shareholder rich during Ching Ming
Nvrmind our cash reduce, since sanichi still CASH RICH. Even all shareholder lost money also no need worry . This company still Cash Rich and NTA above 0.2 - Mathematician
Sanichi just released 2021 AR. Now the top 30 shareholders control 32% compared to 2019 AR the top 30 shareholders controlled 62% Too many smaller shareholders taking profit at the slightest opportunity. PCH only holds 8M as of 30 March 2022. Will he give up control and exit Sanichi?
PCH up for election at Sanichi AGM Holds only 8M shares Have to depend on friendly parties for votes. If hostile minority shareholders more than friendly attend AGM and vote against resolution PCH will lose BOD seat
Those of you who have lost money in Sanichi should register to attend the AGM and voice your unhappiness at the current state of affairs in the company. Put on record your disappointment and. try to get some answers from the BOD
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....
fl888
7,749 posts
Posted by fl888 > 2022-02-12 23:09 | Report Abuse
5cts by this month..