DGB ASIA BERHAD

KLSE (MYR): DGB (0152)

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Last Price

0.085

Today's Change

-0.005 (5.56%)

Day's Change

0.085 - 0.09

Trading Volume

139,500


9 people like this.

10,176 comment(s). Last comment by whistlebower99 2 days ago

Survivor13

710 posts

Posted by Survivor13 > 2020-09-22 21:43 | Report Abuse

dgb tp 10 soon

Survivor13

710 posts

Posted by Survivor13 > 2020-09-22 21:45 | Report Abuse

this counter is the back bone of all penny stock. it haven fry kaw kaw

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-23 14:51 | Report Abuse

the only way for this counter to go up is management to cancel the consolidation proposal. Certainly it will immediately go back to 8c at least upon cancellation pf this multiple proposal.

azmeer82

44 posts

Posted by azmeer82 > 2020-09-23 16:43 | Report Abuse

i dont think so we can vote during EGM for this consolidation...not similar with Bonus issue which require shareholder approval right?

lekiu1407

32 posts

Posted by lekiu1407 > 2020-09-24 13:38 | Report Abuse

can cancel eh the consolidation plan?

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-24 18:48 | Report Abuse

This only at the proposal level and yet to be approved. If mgmt willing willing to cancel of course they can. However they will think their money first rather the retailers. The proposal is to seek the fund through right-issues.

lekiu1407

32 posts

Posted by lekiu1407 > 2020-09-24 21:36 | Report Abuse

subscription shares in CLI investment..good or bad news?

azmeer82

44 posts

Posted by azmeer82 > 2020-09-25 07:57 | Report Abuse

need to show profit then good news...

WaaTakTahu

975 posts

Posted by WaaTakTahu > 2020-09-25 11:52 | Report Abuse

Huat lah...

MUI day...

BUY BUY BUY

TianTianHuat tua huat liao

Later in the afternoon 0.155 will all FINISH lah


ha ha ha huii!! huii!! huii!!

yameyamo

333 posts

Posted by yameyamo > 2020-09-25 11:52 | Report Abuse

GOod 0.015

Posted by TripletTopHunter > 2020-09-25 15:31 | Report Abuse

This rubbish counter will go down more. Just wait and see

analiser

97 posts

Posted by analiser > 2020-09-26 09:25 | Report Abuse

when it go down is not rubbish but it is gold so that we can buy. but When it go up it will become rubbish because soon will trap your money

Potato88

740 posts

Posted by Potato88 > 2020-09-27 16:59 | Report Abuse

Ya tomorrow fast fast panic sell and let it dropped until 0.005..

yusffi

48 posts

Posted by yusffi > 2020-09-28 08:53 | Report Abuse

This one also already 40 % loss till hold or cut loss pls advise my friend

Jayjay123

633 posts

Posted by Jayjay123 > 2020-09-28 09:15 | Report Abuse

Kaunter sampah. Managemnet doesn’t care about retailer

Potato88

740 posts

Posted by Potato88 > 2020-09-28 09:47 | Report Abuse

I bought 0.065 cut lose at 0.03..look like will down further

TraderID

302 posts

Posted by TraderID > 2020-09-28 10:18 | Report Abuse

volume

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-28 10:40 | Report Abuse

Theoritically they hv to push the price little higher to get better right-issue price.

Potato88

740 posts

Posted by Potato88 > 2020-09-28 10:47 | Report Abuse

Look at the recent example of share consolidation of netx, last day push down the price so low (0.01) but after consolidation still dropped like shit..

Posted by Blackdevil > 2020-09-28 17:55 | Report Abuse

My experience kaunter like sanichi,eduspec,smile all drop after consolidation.

Evara75

168 posts

Posted by Evara75 > 2020-09-28 20:16 | Report Abuse

Ayiaa why there consolidation, i see netx after consolidation still drop,,its too risky

gghaha

1,639 posts

Posted by gghaha > 2020-09-29 10:07 | Report Abuse

later consol will go to 0.3 then slowly back to 0.1 as usual......:)

Evara75

168 posts

Posted by Evara75 > 2020-09-29 12:52 | Report Abuse

@gghaha then we loss our money -_-

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-29 16:03 | Report Abuse

Better quit and cut loss rather than bleeding and cry later.. this counter will not go anywhere, only sucking money from retailers

gghaha

1,639 posts

Posted by gghaha > 2020-09-29 17:15 | Report Abuse

tis is a group of fryer share....dont hope for long term or good future prospect....:)

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-29 17:32 | Report Abuse

this time nobody willing to fry, let the company mgmt fry their own shares and burn themselves. Retailers and punters please stay away else you also will get burn. Do not trust for active volume (if any), it is just to trap you guys for the fact they are throwing. Learnt from experience and mistakes!

Jayjay123

633 posts

Posted by Jayjay123 > 2020-09-30 09:28 | Report Abuse

Hahah kaunter sampah, back to sampah price again, stupid management

yameyamo

333 posts

Posted by yameyamo > 2020-09-30 09:48 | Report Abuse

The death of penny stocks

KarLeongHo

119 posts

Posted by KarLeongHo > 2020-09-30 10:50 | Report Abuse

game over? no more pump?

Posted by stockhunter1 > 2020-09-30 11:20 | Report Abuse

director still sleep..in rubbish

paku66

1 posts

Posted by paku66 > 2020-09-30 11:54 | Report Abuse

' very good ' counter

Potato88

740 posts

Posted by Potato88 > 2020-09-30 12:18 | Report Abuse

Sell n sell n sell.. Faster panic sell and dropped to 0.005 lar.. Drop so slow..

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-30 13:01 | Report Abuse

0.01c in the making nobody willing to let their money fly along with the wind..going not returning..ha ha ha

tinkosong

42 posts

Posted by tinkosong > 2020-09-30 13:08 | Report Abuse

bangang bodoh puk..mak sial sohai punya company..

Jayjay123

633 posts

Posted by Jayjay123 > 2020-09-30 14:58 | Report Abuse

Sell sell sell, soon price reach 0.005, son already got there.
Then after consolidation 0.05 get high then going down back 0.005

tkl88

8,712 posts

Posted by tkl88 > 2020-09-30 16:13 | Report Abuse

Special Report: Hidden hands behind penny stock surge
The Edge Malaysia/The Edge Malaysia
September 30, 2020 14:00 pm +08

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.
“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.
However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

“This [his not surfacing] could be due to several issues,” another source adds.
It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.
In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.

Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.
Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd.
Since FTEC — which morphed into Tecasia Bhd and later Mangotone Bhd — was delisted, Vun has had little direct presence in the market. However, Vun’s two sisters, Carol Vun On Nei and Grace Vun Siaw Nei, hold stakes of 3.64% and 0.67% respectively in Xidelang Holdings Ltd.

Fragmented shareholding
While Fintec Global seems to be a prominent company at the centre of the maze, its shareholding is fragmented, with several blocks of shares parked under Sanston Financial Group Ltd. In several of the 21 companies on the list, Sanston Financial is present in the shareholding list.
Other companies that surface as shareholders in these list of companies include Global Prime Partners Ltd and Cita Realiti Sdn Bhd, a private company wholly-owned by one Kamarudin Khalil.
Other shareholders, albeit usually holding small stakes, among the 21 companies include Datuk Jacky Pang Chow Huat — who, apart from a 11.84% stake in Sanichi Technology Bhd — has small stakes in DGB Asia Bhd, Focus Dynamics, MNC Wireless Bhd and Xidelang. Pang is also a director in Sanichi Technology.
Meanwhile, businessman Mak Siew Wei has 23.4% in AT Systemization, 17.07% in Green Ocean Corp Bhd and small stakes in Focus Dynamics and Xidelang. He is also a director at AT Systemization, Green Ocean and Saudee Group Bhd.

Datuk Eddie Chai Woon Chet recently acquired a 62.37% stake in restaurant operator Oversea Enterprise Bhd, and has a 6.71% shareholding in Anzo Holdings Bhd, where he is managing director and has a board position in M3Technologies (Asia). Another name frequently seen is Datuk Kua Khai Shyuan, who, besides a 5.9% stake in mTouche Technology, has small shareholdings in Focus Dynamics, PDZ Holdings Bhd and Sanichi Technology, and has board seats on Trive Property Bhd, DGB Asia and MNC Wireless.
Former Umno treasurer and former Bank Simpanan Nasional Bhd chairman Datuk Abdul Azim Mohd Zabidi surfaces as a director in four of the companies — Fintec Global, DGB Asia, Anzo and XOX.
Most of the companies are loss-making and small in terms of market capitalisation, with the exception of Focus Dynamics, which has a market value exceeding RM5 billion. Nevertheless, Focus Dynamics, which is involved in operating food and beverage outlets, seems to be the star performer, with its stock price hitting a multiple-year high of RM2.64 recently on Sept 17, despite mustering a meagre RM3.08 million in net profit from RM20.72 million in revenue for its six months ended June this year.
Year to date, Focus Dynamics stock has gained about 400%.

Irrational exuberance
Trading volume on most of the 21 companies is generally high, and many have .......

Posted by TripletTopHunter > 2020-09-30 16:32 | Report Abuse

Means that all of these is just a daylight robbery. HaHaHa

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-09-30 17:24 | Report Abuse

I m curious whether these companies really having a real business or it just manipulating news on papers so that it looks real. Then make it them legal to suck the money via few instruments such as ESOS, SIS, PP, RIGHT ISSUE...when shares volumes bigger then consolidate. Some of these instruments has been issued multiple times, that really wondering me, it is just like “scammers” which it look legal. Worst part money was never enough for them. Bursa should investigate these companies to protect investors especially small traders and retailers.

Posted by TripletTopHunter > 2020-09-30 21:17 | Report Abuse

Totally agree with you bro

Jayjay123

633 posts

Posted by Jayjay123 > 2020-10-01 11:50 | Report Abuse

This goreng company just for goreng only. A toilet company, you go in do your business Then dump the shit And go out. Dont hog around the shit. Now the management do this to bilis already. Bilis witing shit to become gold. Lmao

Posted by TripletTopHunter > 2020-10-01 16:40 | Report Abuse

CLI limited Investment is it a real organization?

anaktodak

95 posts

Posted by anaktodak > 2020-10-02 19:33 | Report Abuse

IbnuShaari, I agree with you bro. They may planning something (GOOD or BAD) by make it legally. don't 100% trust on them.

KarLeongHo

119 posts

Posted by KarLeongHo > 2020-10-05 10:23 | Report Abuse

gg counter

gghaha

1,639 posts

Posted by gghaha > 2020-10-06 16:16 | Report Abuse

dun worry .....will go 0.2 after price consol .....:)

Potato88

740 posts

Posted by Potato88 > 2020-10-06 18:53 | Report Abuse

After consolidation will drop to 0.0005. Good I will sell it at 0.0005

Jayjay123

633 posts

Posted by Jayjay123 > 2020-10-07 11:27 | Report Abuse

If the proposal get approve la, if cancel, pooofff pump back up.

Evara75

168 posts

Posted by Evara75 > 2020-10-07 11:35 | Report Abuse

Buy..buy

IbnuShaari

390 posts

Posted by IbnuShaari > 2020-10-07 18:12 | Report Abuse

Buying DGB as good as commit suicide, buy 10lots later become 1 lots. Dgb-OR later become 0.005 even that no buyer..see Net-OR, mother only 0.15c, that even Right still not joining the mother. Once right join mother share, the price will plunge below 10c..buying right loss, mother also loss...company only making money, better cry now than cry later..

Survivor13

710 posts

Posted by Survivor13 > 2020-10-07 22:17 | Report Abuse

will spike soon. tp 15

su1801

637 posts

Posted by su1801 > 2020-10-08 10:00 | Report Abuse

Any hope for DGB?

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