Posted by Narialse > 2020-12-24 20:12 | Report Abuse

This is actually quite disgusting. They goreng and use private placement to raise funds to bail out Jared Lim by buying his company.

Posted by Narialse > 2020-12-24 20:17 | Report Abuse

Chaswood is owned by tremendous Asia who's managing partner is none other than Jared Lim.

Posted by adamdacutie > 2020-12-24 21:02 | Report Abuse

How bout chhb

Posted by ID007 > 2020-12-24 21:12 | Report Abuse

when pang go supermax. supermax down liao

Posted by williamtkb > 2020-12-24 22:31 | Report Abuse

Can pang go public bank and Maybank? Then down for us to collect more lower price. Haha

Posted by eyeHunter > 2020-12-25 14:03 | Report Abuse

A blessed Christmas to you ❤️ wishing you a wonderful season that represents Hope, Faith, Joy & Love and most of all... reminding us of the time when the whole world stood still to witness the miracle of the birth of a child.

Posted by dompeilee > 2020-12-26 08:26 | Report Abuse

This cipalak co. wants to buy CHASWOOD? This is Chaswood:

Sg Biz Times(3 July 2019)

Chaswood Resources' independent auditor issues disclaimer of opinion
MOORE Stephens, the independent auditor of Chaswood Resources Holdings, has issued a disclaimer of opinion on the group's financial statements for the financial year ended Dec 31, 2018.

It said it did not have sufficient appropriate evidence to provide a basis for an audit opinion on the financial statements.

Moore Stephens said that Chaswood's management had prepared the financial statements on the assumption that the group will continue as a going concern - this is because the directors believe they can carry out a restructuring exercise.

However, the auditor highlighted that the ability of the group to continue as a going concern is dependent on certain assumptions and the successful outcome of the various efforts by the group, of which the outcome is inherently uncertain.

It also highlighted that the group's subsidiaries are facing various legal proceedings brought against them, and that Chaswood has also received a statutory demand for payment of S$3 million relating to a corporate guarantee provided for redeemable exchangeable bonds issued by a subsidiary.

"These conditions indicate the existence of material uncertainties which may cast significant doubt on the ability of the group and Chaswood to continue as going concerns and to realise their assets and discharge their liabilities in the ordinary course of business," Moore Stephens added.

"In light of the material uncertainties, we do not have sufficient audit evidence regarding the use of the going concern assumption in the preparation of the financial statements."

The auditor also said that it was unable to obtain sufficient financial information relating to the liabilities of Chaswood Resources Sdn Bhd (CRSB) as replies to confirmation requests from certain creditors are outstanding. In addition, it was unable to obtain sufficient documentary evidence concerning the status of CRSB Group's litigation matters.

As it was unable to obtain sufficient appropriate audit evidence on assets and liabilities directly associated with CRSB as well as the loss for the year from discontinued operations, it was unable to determine whether any adjustments and/or additional disclosures to thefinancial statements were necessary.

Commenting on the appropriateness of the going concern assumption, Chaswood's board of directors believe that the group will be able to continue as a going concern with sufficient working capital for the next 12 months if it can complete the restructuring exercise. The restructuring involves a scheme of arrangement in Malaysia with its creditors, the proposed disposal of CRSB, the proposed disposal of CRSB's TGI Friday's business in Malaysia and Teh Tarik Place business, the proposed issuance of redeemable convertible notes due 2021 for a principal amount of up to S$50 million as well as a proposed scheme of arrangement with its Singapore creditors.

Trading in the company's shares has been suspended since June 18 last year.

In a separate filing to the Singapore Exchange (SGX) on Wednesday, Chaswood said that the SGX had approved a time extension to submit its resumption proposal to resume trading to June 16, 2020.

Posted by dompeilee > 2020-12-26 08:35 | Report Abuse

X-posed...X-posed...X-POSED!!! Merry X'mas!!! Bye again...=)

Posted by eyeHunter > 2020-12-26 12:09 | Report Abuse

Who is the chairman of this stock?

Posted by Jackkin > 2020-12-27 12:49 | Report Abuse

Dompeilee, u are damn good in copy and paste...

Posted by awesome20 > 2020-12-27 14:30 | Report Abuse

back to 0.110 again?

Posted by eyeHunter > 2020-12-27 14:42 | Report Abuse

Should have disposed it at 0.140-0.145 and buy M&G at 0.145 while there was still a chance. . Aiaa

Posted by PennyStock123 > 2020-12-28 09:19 | Report Abuse

Dont believe anything that promotes this Techna-X company!!!!!....the only way its going to go is down....Sell & Run!!!!!!!

Posted by proacez2000 > 2020-12-28 10:36 | Report Abuse

switch to AEM...stock very very oversold...stohastic oversold...

Posted by rr88 > 2020-12-28 10:39 | Report Abuse

This is capacitors, electric batteries & aerospace. A coke business will be completely sold in a few more months. A major transformation from coke to technology. A once in a lifetime opportunity to buy a technology company under 20 cents. Buy & keep under mattress for a few years.

Posted by DonLee > 2020-12-28 11:27 | Report Abuse

sold the coke good biz then acquire the going on concern company chawood...

diu nia sing. this cibai CEO

Posted by SoftaPure > 2020-12-28 13:19 | Report Abuse

sell sell sell! pang will sapu all ur outstanding stock

Posted by SoftaPure > 2020-12-28 13:20 | Report Abuse

is my lift coming? i'm at ground floor 0.0100

Posted by Narialse > 2020-12-28 14:40 | Report Abuse

Pang sudah cut loss and lari la.

Posted by KT197 > 2020-12-28 14:52 | Report Abuse

无底洞

Posted by kabukiman > 2020-12-28 16:45 | Report Abuse

kasi lem-pang sajalah

Posted by Avantador > 2020-12-28 17:07 | Report Abuse

Look back and remember those names that aggressively promoted the stock as the price drifts lower and lower, before they suddenly disappear. They might be selling their own positions as they ask other people to buy. Do your own research to trade. Don't simply follow comments in forums.

Posted by Narialse > 2020-12-28 18:43 | Report Abuse

Adam, chhb is owned by Jared Lim's father in law, if not wrong, the father in law retired liao leaving Jared in charge.

Posted by ID007 > 2020-12-28 18:49 | Report Abuse

what is the support line :(

Posted by monreyes > 2020-12-28 19:47 | Report Abuse

they already owned chaswood malaysia

Posted by Narialse > 2020-12-28 20:05 | Report Abuse

There might be a second round of goreng for the second placement but who knows how low the price will go before they set the placement price and how high they will goreng the second round.

Posted by xjteh > 2020-12-28 22:06 | Report Abuse

After hitting the FB(1.618)-0.215, retracement began. Just start to collect around FB(0.618)-0.135. Next TP: 0.285

Posted by Stonecold > 2020-12-29 09:27 | Report Abuse

come come pump back technax

Posted by bowls > 2020-12-29 09:38 | Report Abuse

@Narialse, where did you get the news that they are doing another PP?

Posted by Narialse > 2020-12-29 09:48 | Report Abuse

@bowls, see the announcement dated 21st December:
Stock [TECHNAX]: TECHNA-X BERHAD
Announcement Date 21-Dec-2020
Listing Date 22-Dec-2020
New type/class? No
Type Private Placement
Details Private placement of up to 236,461,500 new ordinary shares representing approximately 20% of Company's total number of issued shares to independent third party investor(s)
No. of shares issued 100,000,000
Issue Price Malaysian Ringgit (MYR) 0.110
Par Value - 0.000
Total NOSH 1,537,951,697

Placement of up to 236 million shares, but they only placed 100 million, so there's another 136 million to be placed.

But there is probably more coming. Refer to EGM from September 2019 where they passed this proposal:
ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES (“NOTES”) WITH AN
AGGREGATE PRINCIPAL AMOUNT OF UP TO RM150 MILLION

150 million at 15sen a share is 1 billion shares or almost double the current NOSH.

Posted by Narialse > 2020-12-29 09:51 | Report Abuse

Up 2.5 sen, could be the second round of goreng before they announce another PP.

Posted by bowls > 2020-12-29 09:51 | Report Abuse

thanks Narialse, second round of goreng is coming!

Posted by bowls > 2020-12-29 09:53 | Report Abuse

it's harder to push up the share price if the NOSH is getting too high!

Posted by Narialse > 2020-12-29 09:55 | Report Abuse

Also retail investors will be wary after first round of goreng. VWAP was stable around 15.5sen for 3 days so I'd expect a PP announcement of around 13-14sen announcement if this is the second goreng.

Posted by xuxu > 2020-12-29 09:58 | Report Abuse

hahaha good mari 0.20

Posted by CUTLOST > 2020-12-29 10:09 | Report Abuse

Q sell 18cts

Posted by rr88 > 2020-12-29 10:23 | Report Abuse

Buy only. Dont sell. Where can you find a tech stock under 20 cents. Soon you will see TechnaX battery inside Elon Musk cars.

Posted by DonLee > 2020-12-29 10:24 | Report Abuse

keyboard gusan, cant win money, only can come talk 3 talk 4 , shiok sendiri

too many this type of people

Posted by DonLee > 2020-12-29 10:25 | Report Abuse

follow you , can eat shit la, sx hai

Narialse Also retail investors will be wary after first round of goreng. VWAP was stable around 15.5sen for 3 days so I'd expect a PP announcement of around 13-14sen announcement if this is the second goreng.
29/12/2020 9:55 AM

Posted by DonLee > 2020-12-29 10:28 | Report Abuse

that Calvin Tang also is this type of people

DonLee keyboard gusan, cant win money, only can come talk 3 talk 4 , shiok sendiri

too many this type of people
29/12/2020 10:24 AM

Posted by Jackkin > 2020-12-29 11:01 | Report Abuse

Where is Dompeilee hiding now.. ? He/she doesn't dare to come here to talk c**k now

Posted by Jackkin > 2020-12-29 11:03 | Report Abuse

My group of investors will push the price up again, tp is 0.30

Posted by DonLee > 2020-12-29 11:04 | Report Abuse

she will come out when techna x drop. loser

Jackkin Where is Dompeilee hiding now.. ? He/she doesn't dare to come here to talk c**k now
29/12/2020 11:01 AM

Posted by ID007 > 2020-12-29 11:17 | Report Abuse

yaa kaaahhhh?

Posted by Jackkin > 2020-12-29 11:56 | Report Abuse

Tech, energy stocks will lead equities in 2021, invest for the future... don't goreng and gamble stocks just like Dompeilee...

Posted by DonLee > 2020-12-29 12:08 | Report Abuse

she goreng pisang la. no gut one.

Posted by Hanwen Yeh > 2020-12-29 12:10 | Report Abuse

Posted by Narialse > Dec 28, 2020 8:05 PM | Report Abuse
There might be a second round of goreng for the second placement...

------------------------------------------
This is THE ONLY chance for stuck"-ed" bulls @0.22-0.23 -- that the Jailed SIL would take advantage of penny-stocks-bull-run to suck as much funds as possible from this market --- there should be many more FAILED family/personal ventures to pump-into/float it into Technax

Injecting the FAILED/TROUBLED Chasewood/Teh-Tarek business (into the newly touted super-technolgical TECHNAX) only showed
JAILED as blatantly hypocritical and corrupt business mind. Minority shareholders unfairly caught here ( in addition to shock announcement of PP@0.11 after pumping the price to 0.22)..

Even the most croocked old china-man of Huaan would deem it shameful to adopt this LOW-CLASS cheating tactic.

Also be ready for the cheap kompang-man to surface again and beating his nuisance kompang again...if & when tomorrow we see price crossing 0.18...

Posted by jasontan1177 > 2020-12-29 12:48 | Report Abuse

Wah get huaan buy bankcrup company ah...
Aiyooooooo........

Cheap cheap sell off the coke biz when coke price is at all time high now...


Aiyoooooooo

Posted by bowls > 2020-12-29 15:09 | Report Abuse

my perdiction: reach 0.23-0.25 before the New Year holiday , then PP announcement probably comes out by this weekend, or early next week, then share price free falls again :)

Posted by Hanwen Yeh > 2020-12-29 15:31 | Report Abuse

Posted by Narialse > Dec 28, 2020 8:05 PM | Report Abuse
There might be a second round of goreng...

----------------------------------
The "2nd" round you suspect may be coming sooner.....

hinted by the pm 0.185 (0.005 higher than am 0.18) even though at a pittance volume of 2.3m (out of 478.0m now) -- a typical "hit & run" sign by a mousy&poor&smallcapital price/chart manipulator..

Expect the next few (T) hours to exceed this 0.185 to 0.19-0.20 --then we should see a "short-gun" ejaculation by the JAILED shooter... Beware!!