Correct. To maintain sentiment operator keep above 30 cents. After right issues shares will be diluted and value of stock will go back to basic heading south. Watch and see the value drop and take second to pump up. A trap at high price !
Changes in Director's Interest (Section 219 of CA 2016) TECHNA-X BERHAD
Particulars of Director Name DATUK LIM CHIH LI @ LIN ZHILI
Nature of Interest 1 21/06/2024 10,000,000 Disposed Indirect Interest Name of registered holder TAP Partners Sdn. Bhd. Consideration (if any) RM3,850,000.00 2 24/06/2024 5,000,000 Disposed Indirect Interest Name of registered holder TAP Partners Sdn. Bhd. Consideration (if any) RM1,925,000.00
Total no of securities after change Direct (units) 117,500 Direct (%) 0.050 Indirect/deemed interest (units) 22,205,882 Indirect/deemed interest (%) 9.444 Date of notice 25/06/2024
===================== NOSH = 235,125,043 after share consolidation in May 2024
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
=========== Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
Nice ! Already predicted. When touch 0.13 it means 0.065 before share consolidation. Now is 0.18 means 0.009. Mostly all investors already redeem. Too bad. Shame for those who have not run before the sell off !
I was a Technax fighter and before consolidation l bought at 0.005 and eventually went up to 0.39 and sold everything at high price. It was good the price and maintained a few months prior the tech rout it goes down to 0.115. I was told that there will be a right issue as well for existing shareholders thus will dillute the shareholding further. In viewing of the tremendous fall from 0.37 to 0.115 which wiped out 70% of its value l do not think investors will have confidence amymore and not even can have right issue as will fall back before consolidation at worse. If the operator is willing to goreng up again it will be a bonus but at looking at this time it is highly unlikely as investors are all exit and those remaining are zombie investors that will remain regardless rain or shine. Invest at your own risk at this high risk counter !
Israel war on Gaza live: Hezbollah drone attack strikes Israel
Israeli police check the site of a Hezbollah explosive drone attack near the northern city of Nahariya, on August 6, 2024. This video may contain light patterns or images that could trigger seizures or cause discomfort for people with visual sensitivities. By Stephen Quillen and Ylenia Gostoli Published On 6 Aug 2024 6 Aug 2024 Click here to share on social media Lebanon’s Hezbollah has fired a series of drones into Israel, striking several areas and triggering air raid sirens.
Big foot have disposed their shareholdings to retailers to hold
=============== Next step might be for directors to raise more fund via shares issuance to RI, PP, ESOS, etc NOSH (235,125,043) most likely to rise to above 1 BILLION shares again in near future Retailers shareholding equity % most likely to be diluted further
The company shares already gg and flush to the drain. Now waiting if there is a strategy to shore up the price again. Maybe venture into data center business. Will the investors listen again the old tricks ?
The directors in this video have long since left & the stock is down more than 99.9% since then. Really a merry-go-round good for nothing co.! Although I will always be appreciative of the huge profit I earned that enabled me to shift $ to Japan in a meaningful way starting in September 2017!😘
EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 1,481,482 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1350 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 236,606,525 Listing Date 23 Sep 2024
========== Directors start fund raising via shares issuance to PP ESOS and maybe RI in near future Shareholder equity % and EPS will be diluted
2739 TECHNAX, TECHNA-X BERHAD - + TECHNAX - SUSPENSION OF TRADING 1 Nov 2024, 12:48 TECHNAX - SUSPENSION OF TRADING TECHNAX - SUSPENSION OF TRADING ILC-01112024-00001 The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial period ended 30 June 2024 (?AR 2024?) to Bursa Malaysia Securities Berhad (?Bursa Securities?) for public release within the stipulated timeframe i.e. 31 October 2024, pursuant to paragraph 9.23(1) of the Main Market Listing Requirements of Bursa Securities (?LR?). Pursuant to paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline. In view of the above and in the event that TECHNAX is unable to submit the outstanding AR 2024 on or before 7 November 2024, trading in the above Company's securities will be suspended with effect from 9.00 a.m., Friday, 8 November 2024 until further notice. Pursuant to paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against such listed issuer. VP, Issuers You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202411015100112EN
either earn too much...dont how to report, or huge lost, sell all the shares 1st....no gst memang ada masalah...before 2018 good rtn, after 2018.....????
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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....
Vicky
1,596 posts
Posted by Vicky > 2024-05-21 17:33 | Report Abuse
Not bad. It shows confidence for investors as still hold strong at 0.30. Target 0.5 to 0.6 with momentum.