Becareful, itching toward 0.06 now. They will keep diluting then consolidation, same process appears afterwards.
Do not buy XOX above 0.07, let all private placement and XOX employees ESOS die. They keep issuing private placements (more 2.5 billions share unit since FY2020) below market price and then sell to retailer at market price to get 10% immediate encash.
Previously you own 100k units, you are above 100k over total circulated XOX shareholding of 1Billion. Now if your 100k units became 100k over the 3.9Billion XOX shareholdings. Retailers have been diluted to death silently.
This HOPELESS management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew Kee 3. Ng Kok Heng Google and can see their face, you can handle them in real life.
Becareful, dont buy into trap. They just issue ESOS 0.07 to employees about 210M units of shares, these employees are now waiting to dump at 0.08 to 0.10 to retailers.
Xox employees prepare to dump their free shares @0.07 to us retail investors at 0.08 to 0.10. 19/03/2021 11:43 AM
Working hard with politicians and government officers to scam public money and government land. 25/03/2021 12:26 AM 26/03/2021 9:30 AM X numberone numberone....check your i3 messenger 25/03/2021 8:31 AM X OracleOfOmaha https://www.google.com/amp/s/www.nst.com.my/amp/property/2021/02/668553/kanger-enters-genting-highlands-rm1429-million-investment-serviced-suites 25/03/2021 11:21 AM X OracleOfOmaha I found the linkage. Same gang of syndicate. Kanger share price drops like mad after dealing with Eddie Chai daddy private company Asetkayamas. 25/03/2021 11:23 AM X OracleOfOmaha Next step I guess buy petroleum assets from Steven Kuah ka since they announced it already.
interesting...since some "activists" bombarded the people behind penny stocks these few days...all of these counters suddenly breached their supports today.....mlab, focus, DGB, Sanichi etc.......
I feel next week opening will not be good, people will sell at 0.06 and then start sell at 0.055.Operator then will maintain the price at 0.055 and lure small fish to buy 0.055 then another round of huge selling to drop till 0.03..maybe at the price it will become stable...
Operetor take advantage of the poor quarterly results to press down the price.. Still thinking whether to cut lose / sell at 0.065 next Monday when market opens but it will be huge lost for me because my average price is almost 0.1. I have bought damm big volumes when it dropped to 0.08..
The shark is very smart, one week before the quarterly results out they pushed up the price to 0.09 and then quickly dropped back to 0.08, let those ikan bills think got the opportunity to buy back at lower price, I also being trapped at 0.08.
KUALA LUMPUR (June 16): XOX Bhd has teamed up with DGB Networks Sdn Bhd to form a 50:50 net profit sharing partnership for the media management and advertising platform that will result from the national deployment of DGB Networks' next generation artificial intelligence (AI) vending machines.
In a bourse filing today, XOX said its unit XOX Media Sdn Bhd signed the joint venture (JV) agreement with DGB Networks as a follow up to the memorandum of understanding (MoU) entered between the two parties on April 16. The JV is for a period of 12 months.
“The parties are desirous of collaborating to monetise the media platform as an advertising, media and content provision business, through the organic increase of vending machine adoption as a source of sundry supplies.
“DGB Networks will provide next generation vending machines, complete with AI and touch screen interface as part of its digital services for e-commerce players. The machines are cashless to promote the usage of digital wallets,” it said.
Under the agreement, XOX Media will provide connectivity of these machines to contribute to the seamless creation of a stable digital advertising network.
The company will roll out up to 400 machines to be strategically positioned in their key market areas, to increase its footprint through the country and increase reload touchpoints, prepaid and postpaid sale points, and automated onboarding through Know Your Customer registration on the touch screens.
“The digital environment in Malaysia has already begun to see an uptick in adoption of digital enterprises. Consumers become more tech-savvy as the issuance of Movement Control Order disrupted the daily routines. This marked an increase in data consumption, digital advertising and e-commerce adoption across the board,” said XOX.
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
DGB ASIA BERHAD Particulars of Substantial Securities Holder
Name XOX (HONG KONG) LIMITED Address 6/F., CNT Commercial Building No. 302 Queen's Road Central Hong Kong. Company No. 2958959 Nationality/Country of incorporation Hong Kong Descriptions (Class) Ordinary Shares Name of registered holder XOX (Hong Kong) Limited Address of registered holder 6/F., CNT Commercial Building, No 302 Queen's Road Central Hong Kong Date interest acquired & no of securities acquired
Date interest acquired 18 Jan 2021 No of securities 250,000,000 Circumstances by reason of which Securities Holder has interest Subscription of 250,000,000 shares pursuant to Rights Issue with Warrants exercise. Nature of interest Direct Interest
Total no of securities after change
Direct (units) 250,000,000 Direct (%) 22.389 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Date of notice 25 Jan 2021 Date notice received by Listed Issuer 25 Jan 2021
Fyi guys. Numberone has been know to spam and manipulation, his views on many related and unrelated counters. Some of His comments have been removed by i3 and his account has been suspended temporarily.
So much noise. People been saying XOX syndicate since many years back because the price suddenly drop during then. Until now also still no solid case or any sign of delisting. Soon many emotional traders trying to find reason for every drop. Head pain oooo
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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....
Bgt 9963
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Posted by Bgt 9963 > 2021-04-02 17:07 | Report Abuse
Over value counter...!