company has low revenue, and last qtr net profit of RM1m is only 0.07 EPS, which means at RM0.055 per share thats PER of 19x..... unless there is some news coming up, there is no reason for share price to move up as at current earnings (reflecting last qtr earnings) its trading at high PER of 19x.... happy hunting
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HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI. This announcement is dated 15 July 2024.
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List of high NOSH penny stocks with shares consolidation :-
MATERIAL LITIGATION INGENIEUR GUDANG BERHAD ("INGENIEUR" OR "THE COMPANY") - KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-519-07/2023 : HANWA CO. LTD (PLAINTIFF) V. INGENIEUR (DEFENDANT) INGENIEUR GUDANG BERHAD
Type Announcement Subject MATERIAL LITIGATION Description INGENIEUR GUDANG BERHAD ("INGENIEUR" OR "THE COMPANY") - KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-519-07/2023 : HANWA CO. LTD (PLAINTIFF) V. INGENIEUR (DEFENDANT) Reference is made to the Company’s announcements dated 27 September 2023, 5 October 2023, 27 November 2023, 21 February 2024, 13 March 2024, 15 April 2024, 28 May 2024, 6 June 2024 and 21 June 2024.
The Board of Directors of Ingenieur Gudang Berhad (“Board”) wishes to announce that during the case management held today via Zoom, the Court has given the following directions :-
Trial is fixed from 23 April 2025 to 26 April 2025 via Zoom; Parties to file witness statement by 21 March 2025; Parties are to consider to file in additional bundle of documents in respect of the accounts of the plaintiff and defendant respectively as at the date of the share sale purchase agreement; and The case management is fixed on 15 October 2024 via Zoom for parties to update on the additional bundle of documents. https://www.klsescreener.com/v2/announcements/view/7425249
QR out with EPS 0.43 sen and NTA 11.24 sen. PE only 3.58 even lower than i3 favourite YTL Power. Directors bought at 10 sen just 4 months ago. 4.5-5 sen who sell?
================= NOSH exceeded 1.5 BILLION shares due to directors frequent fund raising via massive share issuance to PP, ESOS, warrant conversion, etc resulting in dilution of shareholder equity % and EPS
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
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118_
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Posted by 118_ > 2024-07-01 10:51 | Report Abuse
PE only 6.08 at 6 sen. P/B 0.56.