ADVANCE SYNERGY BHD

KLSE (MYR): ASB (1481)

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Last Price

0.075

Today's Change

+0.005 (7.14%)

Day's Change

0.07 - 0.075

Trading Volume

1,299,700


5 people like this.

6,570 comment(s). Last comment by whistlebower99 1 week ago

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-09 22:52 | Report Abuse

no soap drama to watch??

henry888

2,049 posts

Posted by henry888 > 2021-09-11 08:20 | Report Abuse

- "Govt offers seven-point plan for transformation in Parliament, government sector"
- "Cabinet agrees to table laws against anti-hopping and limit PM’s term, to amend Constitution to -allow Undi18"
- "The Cabinet also agreed that the Opposition Leader will receive the same emolument and resources as a minister."

stockraider

30,487 posts

Posted by stockraider > 2021-09-11 09:30 | Report Abuse

Go for it.

Travel Boom coming.

Revenge spending coming

henry888

2,049 posts

Posted by henry888 > 2021-09-11 12:00 | Report Abuse

"PM Ismail Sabri’s reform initiatives a good start to cross-party cooperation, says Anwar"

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-11 21:05 | Report Abuse

u believe?? then u should believe that bro say will goreng to 30sen... all that kind ppl talk... just like u listen radio at car... after the song finish, gone.. u wan listen again... man man den lor...

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-13 23:52 | Report Abuse

30c soap drama never start??? and somemore hilang diri pula...

Noworry21

118 posts

Posted by Noworry21 > 2021-09-25 20:56 | Report Abuse

No need buy just watch it . Dont believe any comment please please please. Hehehe

Posted by EatCoconutCanWin > 2021-09-27 11:56 | Report Abuse

This company keep reported loss, do hami business like that

21spade

163 posts

Posted by 21spade > 2021-10-11 12:16 | Report Abuse

ASB still seem to be in MCO mode...wake up!

MadCow75

3,091 posts

Posted by MadCow75 > 2021-10-13 11:11 | Report Abuse

no more fairy tales...

WE IN

76 posts

Posted by WE IN > 2021-11-18 11:50 | Report Abuse

prn melaka ...ASB....

amateurJR

2,254 posts

Posted by amateurJR > 2021-11-18 11:51 | Report Abuse

Still ASB? PH dun stand a chance to win

InvesterD

21 posts

Posted by InvesterD > 2021-11-18 13:19 | Report Abuse

ASB still got plenty of cash, should be able to absorb the loses for many years.

maggiemee

1,966 posts

Posted by maggiemee > 2021-11-19 23:25 | Report Abuse

Reformasi

Legend

4,115 posts

Posted by Legend > 2021-11-20 21:45 | Report Abuse

PH sudah kalah

Loh Kok Wai W

3,012 posts

Posted by Loh Kok Wai W > 2021-11-22 09:25 | Report Abuse

Anwar couters dah masuk bilik ICU doh....need more Oxygen....

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-11-22 09:29 |

Post removed.Why?

mikeann

772 posts

Posted by mikeann > 2021-11-30 18:24 | Report Abuse

Share is grossly oversold ,having dropped from 0.21 level in August, 3 months ago .

Rebound is imminent . Immediate resistance is at 0.15

21spade

163 posts

Posted by 21spade > 2021-12-17 09:47 | Report Abuse

ASB apa cerita? Musim mengeram

zam

48 posts

Posted by zam > 2022-01-10 11:40 | Report Abuse

asb linked dsai

Posted by Sweetchocalates > 2022-02-05 23:38 | Report Abuse

GE is coming soon. UMNO, PH, MUDA, PAS etc wayang in the streets

citadel888

529 posts

Posted by citadel888 > 2022-03-14 15:08 |

Post removed.Why?

21spade

163 posts

Posted by 21spade > 2022-03-25 12:14 | Report Abuse

whats going on with this counter...

21spade

163 posts

Posted by 21spade > 2022-04-15 10:28 | Report Abuse

Nice dividend proposal..

Nasrim

61 posts

Posted by Nasrim > 2022-04-18 16:39 | Report Abuse

dapat wang raya simpan kat ASB

Posted by STDN237649 > 2022-04-21 21:30 | Report Abuse

STDN237649 one day show,doubtful got dividend losing companyy

alenac

2,264 posts

Posted by alenac > 2022-05-18 09:52 | Report Abuse

Morning, after Divi, rights issue cumming up at 5.5 sen.

moonasia

106 posts

Posted by moonasia > 2022-05-19 21:09 | Report Abuse

alenac, after large volume RI, ASB still can stand at 0.055?

alenac

2,264 posts

Posted by alenac > 2 months ago | Report Abuse

Can cut loss after Divi and buy cheaper and later. The market is not going anywhere at the moment. Also, there are alternative investments such as gold and crypto for us to deal with.
moonasia
alenac, after large volume RI, ASB still can stand at 0.055?

1 month ago

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

Some penny stocks that offered rights issue :-

1. FAST 17/11/21 RI 2:1 @ 0.12
2. EASTLND 17/1/22 RI 19:7 @0.07
3. ARBB 19/1/22 RI 1:1 @ 0.12
4. CSH 21/12/21 RI 1:1 @ 0.15
5. VIZIONE 4/2/22 RI 1:1 @ 0.08
6. TWL 8/9/21 RI 3:4 @ 0.04
7. PASUKGB 21/6/21 RI 6:1 @ 0.10
8. PDZ 1/8/21 RI 6:1 @ 0.14
9. PERMAJU 3/11/21 RI 1:1 @ 0.07
10. BCMALL 23/7/21 RI 6:4 @ 0.08
11. AGES 5/5/22 RI 2:1 @ 0.20

=================
Many of the above share price has fallen below rights issue price

henry888

2,049 posts

Posted by henry888 > 1 month ago | Report Abuse

My opinion. right issue vs new shares issued. right issue is for existing shareholders (share intrinsic value status quo) - no dilutions). new share issued normally used for private placement and raising funds - additional shares - shares dilutions.

Posted by shortinvestor77 > 1 month ago | Report Abuse

Points taken.

hornbill

803 posts

Posted by hornbill > 1 month ago | Report Abuse

mari mari

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

Take note of Multiple Proposal

(I) PROPOSED RIGHTS ISSUE;
(II) PROPOSED EXEMPTION; AND
(III) PROPOSED SGS

(i) proposed renounceable rights issue of up to 1,858,389,886 new ordinary shares in ASB (“Rights Shares”) on the basis of two (2) Rights Shares for every one (1) existing ordinary share in ASB (“ASB Share”) held on an entitlement date to be determined later (“Proposed Rights Issue”);

(ii) proposed exemption for Dato’ Ahmad Sebi Bakar and ...................in the obligation to undertake a mandatory take-over offer for the remaining ASB Shares not already owned by them, upon the completion of the Proposed Rights Issue (“Proposed Exemption”); and

(iii) proposed establishment of a share grant scheme of up to ten percent (10%) of the total number of issued shares of the Company (excluding treasury shares, if any) at any point of time during the duration of the scheme for the eligible directors and employees of ASB and its subsidiaries (“Group”) (excluding subsidiary(ies) listed on any stock exchange as well as its group of companies, and any dormant subsidiary(ies) of the Group) (“Proposed SGS”).

This announcement is dated 11 March 2022.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3242177

=================
Date and time for the EGM : Friday, 29 July 2022 at 10:00 a.m. or any adjournment thereof

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3272446

=================
Directors resorting to easy way of fund raising via shares issuance to build up company fund from investors contributions instead of business profits

Another multi-BILLION shares of low price penny stock in the making. From current NOSH of 929,194,943 to over 3 BILLION shares upon completion of exercise

=================
Be careful trading high NOSH penny stock with massive fund raising via rights issue

TAYOR

Posted by shortinvestor77 > 1 month ago | Report Abuse

Once GE is declared, you all can see its power.

erekose69

39 posts

Posted by erekose69 > 1 month ago | Report Abuse

false hope ...

Posted by shortinvestor77 > 1 month ago | Report Abuse

Already happened a couple of times (price shot up) as facts just only likely to have GE. What is it is real GE? You are not doing homework.

erekose69

39 posts

Posted by erekose69 > 1 month ago | Report Abuse

apa menda la yg dicakap ... berterabur bahasa nya ...

erekose69

39 posts

Posted by erekose69 > 1 month ago | Report Abuse

old school punya thinking ... nak dkt GE je naik share price ... adehhh ... dekat CNY ... share price naik ... dekat raya ... share price naik ... nasik baik tak cakap dekat Christmas share price naik hahaha ... sorry la bro ... zaman sudah berubah ...

Posted by shortinvestor77 > 1 month ago | Report Abuse

Why cannot use a proper English nor a proper Bahasa?

erekose69

39 posts

Posted by erekose69 > 1 month ago | Report Abuse

any news wrt election? ... tomorrow maybe the price would be very high. buy today, tomorrow can sell ... kikiki

Posted by shortinvestor77 > 1 month ago | Report Abuse

You must have short circuit in your mind. Tomorrow is a public holiday.

erekose69

39 posts

Posted by erekose69 > 1 month ago | Report Abuse

hahahahahahahahaha

21spade

163 posts

Posted by 21spade > 3 weeks ago | Report Abuse

Any good news?

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

Directors undertaking massive fund raising exercise via rights issue

=================
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,858,389,886 NEW ORDINARY SHARES IN ADVANCE SYNERGY BERHAD ("ASB") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN ASB HELD AS AT 5:00 P.M. ON TUESDAY, 4 OCTOBER 2022 ("RIGHTS iSSUE")

Ex-Date 03 Oct 2022; Entitlement date 04 Oct 2022
Date for commencement of trading of rights 05 Oct 2022
Date for cessation of trading of rights 13 Oct 2022
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 28 Oct 2022
Acceptance and Payment 21 Oct 2022 05:00 PM
Excess share application and payment 21 Oct 2022 05:00 PM
Available/Listing Date 03 Nov 2022

=================
Be prepared to dig pockets to contribute to directors fund raising exercise if intend to subscribe for the rights shares

Posted by whistlebower99 > 1 week ago | Report Abuse

Current NOSH = 929,194,943

RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE

Upon completion,
NOSH will probably increase to 2,787,584,829

Posted by whistlebower99 > 1 week ago | Report Abuse

Amount that could be raised = 1,858,389,886 X 0.05 = RM92,919,494

Easy convenient way for directors to raise massive fund from shareholders

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