SAUDEE GROUP BERHAD

KLSE (MYR): SAUDEE (5157)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

1,456,600


5 people like this.

4,603 comment(s). Last comment by whistlebower99 16 hours ago

imvu

7,888 posts

Posted by imvu > 2022-10-27 01:38 | Report Abuse

qbuy 0.030 / -wb 0.010 , tahun depan rebound ?

leedavid

399 posts

Posted by leedavid > 2022-10-27 07:57 | Report Abuse

buy for long term investment

leedavid

399 posts

Posted by leedavid > 2022-10-31 16:23 | Report Abuse

buy saudee all penny stock up

koyokui

1,744 posts

Posted by koyokui > 2022-11-01 09:14 | Report Abuse

Today got volume

imvu

7,888 posts

Posted by imvu > 2022-11-02 11:28 | Report Abuse

sudah cecah 0.050 / -wb 0.020

Posted by whistlebower99 > 2022-11-02 11:33 | Report Abuse

Be careful of one day show to catch monyet

Posted by whistlebower99 > 2022-11-02 11:41 | Report Abuse

FOR NEWBIES

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED PRIVATE PLACEMENT OF UP TO 347,000,000 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING APPROXIMATELY 35% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED AT A LATER DATE; (II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES, IF ANY) TO THE ELIGIBLE DIRECTORS AND ELIGIBLE EMPLOYEES OF SAUDEE AND ITS SUBSIDIARIES; AND (III) PROPOSED ALLOCATION OF SIS OPTIONS PURSUANT TO THE SHARE ISSUANCE SCHEME ABOVE TO THE DIRECTORS OF THE COMPANY
Date Announced 11 Oct 2022

https://www.klsescreener.com/v2/announcements/view/3620897

================
Directors busy doing fund raising via share issuance to PP, ESOS
Typical of loss making penny stocks
More dilution of shareholders equity % and EPS
Current NOSH = 991,844,319 will exceed 1.5 BILLION shares upon completion of PP, ESOS
WB = 233,790,060

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

=============
TAYOR

JuliusCeasar

1,098 posts

Posted by JuliusCeasar > 2022-11-02 12:20 | Report Abuse

Wow!! Suddenly spike! Something is brewing.

zombie321

63 posts

Posted by zombie321 > 2022-11-02 15:00 | Report Abuse

Panic stock, once it drops, taking few years also cannot get back your money

fl888

6,402 posts

Posted by fl888 > 2022-11-02 15:38 | Report Abuse

RI at 15cts to recover ???

DickyMe2

1,507 posts

Posted by DickyMe2 > 2022-11-02 16:13 | Report Abuse

"How to predict in advance that a company is hiding a fraud?"

Simple!
Mostly are owned by bumiputra and main holders are GLC/GLiCs.
Frequent bailouts and delayed financial reports.
Massive propaganda about upcoming projects only to dissipate in thin air after few months.
Just like a dog trying to chase it's tail, explanations to shareholder's question are wishy washy and circular.

Winer21

815 posts

Posted by Winer21 > 2022-11-02 20:24 | Report Abuse

Tomorrow 0.065 ?

fl888

6,402 posts

Posted by fl888 > 2022-11-02 21:34 | Report Abuse

Hopefully not related to PKR exposures tomorrow…

fl888

6,402 posts

Posted by fl888 > 2022-11-03 09:25 | Report Abuse

Looks like back to 3.5cts…

Posted by AndroidSucks > 2022-11-03 11:06 | Report Abuse

stop dreaming, please.

JuliusCeasar

1,098 posts

Posted by JuliusCeasar > 2022-11-03 17:10 | Report Abuse

Look like go back to square one again.... 3.5 cents

Good123

17,484 posts

Posted by Good123 > 2022-11-06 08:48 | Report Abuse

biarkanlah kerajaan baru PH menyiasat nanti :)

The Singapore High Court Thursday convicted Malaysian businessman and woman, John Soh Chee wen and Quah Su-Ling for market manipulation and cheating offences that led to the 2013 penny-stock crash.8 May 2022

Singapore High Court convicts two for $6B penny-stock ...https://www.jurist.org › news › 2022/05 › singapore-high...
About featured snippets

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Soh Chee Wen & The Manipulation Of Penny Stocks in ...www.theedgemarkets.com' target='_blank'>https://www.theedgemarkets.com › article › soh-chee-w...
17 May 2022 — Soh Chee Wen & The Manipulation Of Penny Stocks in Singapore: Singapore court finds John Soh and partner guilty of share price manipulation.

Soh Chee Wen & The Manipulation Of ... - The Edge Marketswww.theedgemarkets.com' target='_blank'>https://www.theedgemarkets.com › article › soh-chee-w...
17 May 2022 — Soh Chee Wen & The Manipulation Of Penny Stocks in Singapore: A life of politics and corporate shenanigans · Subscribe to Mid-day email alert.

Shines

2,008 posts

Posted by Shines > 2 months ago | Report Abuse

John Soh got related to Saudee?

Mike Jcy

597 posts

Posted by Mike Jcy > 2 months ago | Report Abuse

Hi...investor2021trading, may I know where this info you get from? Thanks

Mike Jcy

597 posts

Posted by Mike Jcy > 2 months ago | Report Abuse

2020? Now ady 2022...look like old news....

leedavid

399 posts

Posted by leedavid > 2 months ago | Report Abuse

pn win good for saudee

Mike Jcy

597 posts

Posted by Mike Jcy > 2 months ago | Report Abuse

Look like gonna fly to the moon in anytime.....

koyokui

1,744 posts

Posted by koyokui > 2 months ago | Report Abuse

Buy saudee good food company

leedavid

399 posts

Posted by leedavid > 2 months ago | Report Abuse

tp 10 sen

Mike Jcy

597 posts

Posted by Mike Jcy > 2 months ago | Report Abuse

Not 35 ~ 50 cents? Haha....

fl888

6,402 posts

Posted by fl888 > 2 months ago | Report Abuse

nothing done today... look like dead counter..

fl888

6,402 posts

Posted by fl888 > 2 months ago | Report Abuse

i buy some 2088 lot to revive it...

Michael R.

4,426 posts

Posted by Michael R. > 2 months ago | Report Abuse

Time to raise! Go go go SAUDEE awoken and awaken!!!

JuliusCeasar

1,098 posts

Posted by JuliusCeasar > 2 months ago | Report Abuse

Engine just starting now!

Posted by lavenderong > 2 months ago | Report Abuse

Buyers volume very high. 10X

JuliusCeasar

1,098 posts

Posted by JuliusCeasar > 1 month ago | Report Abuse

Steady SAUDEE!!

leedavid

399 posts

Posted by leedavid > 1 month ago | Report Abuse

good investment counter

sunsetbiz

550 posts

Posted by sunsetbiz > 1 month ago | Report Abuse

saw lots die hard fans keep for few years and hoping for jackpot........:)

Good123

17,484 posts

Posted by Good123 > 1 month ago | Report Abuse

Directors sedang mencuri duit pemegang syer minoriti bayar 3sen++ per syer, right issue subscribers bayar 15sen tahun lepas

SAUDEE] ESOS on 14-Nov-2022
Stock
[SAUDEE]: SAUDEE GROUP BERHAD
Announcement Date
14-Nov-2022
Listing Date
15-Nov-2022
New Type/Class?
No
Type
ESOS
Details
Exercise of SIS
No. of shared issued
148,736,000
Issue Price
MYR 0.037
Par Value
0.000
Total NOSH
1,140,580,319

Good123

17,484 posts

Posted by Good123 > 1 month ago | Report Abuse

usah bimbang :)

lantikan politik dah berakhir... kerajaan baru ph akan dakwa dan penjarakan mereka macam soh chee wen di singapura. sabar ya!

@JJPTR

How to predict in advance that a company is hiding a fraud?
1. The company change its external auditor very often.
2. The company change its financial years often to delay issue annual report
3. The company accountant/financial controller come and go like hotel guests.
4. The company ACCOUNT RECEIVABLE is 2 times higher than account payable. Money stuck or goods sold to cronies.
5. The company keep printing billions of shares to suck cash from shareholders.
6. The company seems to go to court often to "sue" a third party for not paying the debts. The 3rd part may also be the cronies actually
7. The company has almost zero revenue but still seems to survive.
8. The company seems to take huge bank loan, or 2 years later issue huge right shares "for working capital and pay bank borrowing".
9. ‘Meteoric’ rise in both revenue and profits DESPITE industry outlook, are also red flags. Say industry average growth is 5%, but this guy shows 50% growth, not one year, but last 3 years, very fishy.
10.The company only sells its product to one customer. Obviously it is easier to be in cohhort with one party instead of many parties. Goods sold become huge bad debts
11. The company buys few FERARI for its directors...Megan Media...
12. The company cash flow and profit imbalance. If its getting wider year by year, avoid.
13. The company reports FAKE revenue of billions,fake growth......to sell their bonds
14. Tyco International USA. CEO and CFO siphon off $150m USD via loans to directors. Beware of some listed NON-FINANCIAL company also having money lending license. EKRAN Ting Pek King, took 700m fromEkran via the company money lending license. $700m was never paid back.
15. NETX ,ACE counter, is holding money lending licence

1 day ago

Good123

17,484 posts

Posted by Good123 > 1 month ago | Report Abuse

Dilute existing shareholders to the max plus cheap shares to directors via sis ... Hancurkan para pemegang suer minoriti hahaha

Circular/Notice to Shareholders
SAUDEE GROUP BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED PRIVATE PLACEMENT OF UP TO 347,000,000 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING APPROXIMATELY 35% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED AT A LATER DATE; (II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES, IF ANY) TO THE ELIGIBLE DIRECTORS AND ELIGIBLE EMPLOYEES OF SAUDEE AND ITS SUBSIDIARIES; AND (III) PROPOSED ALLOCATION OF SIS OPTIONS PURSUANT TO THE SHARE ISSUANCE SCHEME ABOVE TO THE DIRECTORS OF THE COMPANY


Please refer attachment below.

Attachments
Saudee Group - Circular.pdf
1.4 MB

Announcement Info
Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 11 Oct 2022
Category Document Submission
Reference Number DCS-07102022-00018

Good123

17,484 posts

Posted by Good123 > 1 month ago | Report Abuse

Saudee...dilution terlalu besar... Pengarah2 telan banyak syer murah.. SC perlu menyiasat

leedavid

399 posts

Posted by leedavid > 1 month ago | Report Abuse

saudee tp 5sen

Good123

17,484 posts

Posted by Good123 > 1 month ago | Report Abuse

:)

[14]. PWC (2018). Global Economic Crime Survey 2018. Retrieved from
[15]. Selim, M.A., Yousef, H.P. & Hagag, M. (2019). Risk allocation for infrastructure projects by PPPs-under
environmental management and risk assessment mechanisms’, International Journal Risk Assessment and
Management, 22(1), 89 – 108.
[16]. Shan, M., Chan, A. P. C., Le, Y., Xia, B., & Hu, Y. (2015). Measuring Corruption in Public Construction Projects in
China. Journal of Professional Issues in Engineering Education and Practice, 141(4).
[17]. Siddique, N.A. (2011). Approaces to fighting corruption and managing integrity in Malaysia: A Critical perspective.
Journal of Administrative Science, 8(1), 47-74.
[18]. U4 Anti Corruption Resource Centre (2015). The basic of corruption risk managmenet: A framework for decision
making and integration into the project cycles. U4, 18.
[19]. Yusoff, A.Y., Murniati, S. & Gryzelius, J. (2013). Combatting Corruption: Understanding Anti-Corruption Initiative
in Malaysia. Kuala Lumpur: Institute for Democracy and Economic Affairs,
[20]. Zou, X.W.P. (2006). Strategies for Minimizing Corruption in the Construction Industry in China. Journal of
Construction in Developing Countries, 11(2), 15-29.

leedavid

399 posts

Posted by leedavid > 1 month ago | Report Abuse

buy saudee tp 0.05

Good123

17,484 posts

Posted by Good123 > 1 month ago | Report Abuse

Untuk makanan. LHI ... Main board . Ayam & telur, banyak institutional investors..

Michael R.

4,426 posts

Posted by Michael R. > 1 month ago | Report Abuse

0.10 anytime.... hold hold hold...

matyeh

21 posts

Posted by matyeh > 1 month ago | Report Abuse

Wow is gotta RM1 again new years goal

matyeh

21 posts

Posted by matyeh > 1 month ago | Report Abuse

spike like 9 march '21 till 23 march '21

matyeh

21 posts

Posted by matyeh > 1 month ago | Report Abuse

FRIDAY RULE!!

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

NOSH :-
Mar 2021 = 161,279,000
Jan 2022 = 986,069,319
Nov 2022 =1,140,580,319

NOSH increased to BILLION shares within 2 years mainly from directors shares issuance to ESOS and PP

Directors only busy with fund raising via easy share issuance, not via business profit

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

=============
Be careful holding high NOSH penny stocks, many of which had done shares consolidation and rights issue for directors to raise more fund from shareholders who incurred huge losses.

==============
TAYOR, set realistic target

hiddenJ

113 posts

Posted by hiddenJ > 1 week ago | Report Abuse

For newbie:
Don't only look at the current latest quarter result, despite there was 1.6M profit
But don't forget the previous quarter of 7M+ loss
And there were still big losses in those previous YEARSSSS
Think b4 jump to the "hell"

Michael R.

4,426 posts

Posted by Michael R. > 6 days ago | Report Abuse

0.10 anytime.... hold hold hold...

Posted by AndroidSucks > 5 days ago | Report Abuse

more like 0.01

Posted by whistlebower99 > 16 hours ago | Report Abuse

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

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