KOMARKCORP BHD

KLSE (MYR): KOMARK (7017)

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Last Price

0.10

Today's Change

0.00 (0.00%)

Day's Change

0.10 - 0.10

Trading Volume

25,300


7 people like this.

3,199 comment(s). Last comment by whistlebower99 2024-07-17 09:35

Posted by weisheng1998 > 2021-08-18 12:47 | Report Abuse

this counter comment interesting haha, can study which type of comment appear the price will up or down

Posted by weisheng1998 > 2021-08-18 16:43 | Report Abuse

https://www.youtube.com/watch?v=CcYahInFZbU
I think this counter ply this technique

TheSecret

658 posts

Posted by TheSecret > 2021-08-18 19:00 | Report Abuse

How many it drop deep, that's the target to rebound back.

Posted by weisheng1998 > 2021-08-18 19:58 | Report Abuse

depend tukang goreng, how outsider know haha

awesome20

1,198 posts

Posted by awesome20 > 2021-08-18 20:10 | Report Abuse

komark ke ******
come here after long sleep only
otherwise you will be ......

Posted by whistlebower99 > 2021-08-18 22:07 | Report Abuse

ASKING FOR MONEY FROM SHAREHOLDERS


https://www.theedgemarkets.com/article/komarkcorp-seeks-raise-rm82m-right-issue


KUALA LUMPUR (Aug 18): After completing two rounds of private placement to fund its face mask business venture, Komarkcorp Bhd now plans to raise up to RM81.78 million — 128% of its market value of RM64 million — through a rights issue.

The group, which is involved in printing labels and packaging solutions, ventured into making face masks and personal protection equipment (PPE) in June last year.

It successfully raised RM59.21 million through a private placement exercise in December to be used to establish up to 30 production lines for the face mask manufacturing business.

The group completed another private placement on May 31, raising proceeds of RM12.93 million, which were intended to be utilised for the expansion of production capacity for the face mask business.

Currently, Komarkcorp is operating 23 production lines of three-ply face masks and one
production line for respirator face masks.

It intends to expand its production capacity by setting up another 79 production lines for three-ply face masks and 25 production lines for respirator face masks. As a result, it would have 128 lines production lines with annual production capacity of 1.22 billion units of three-ply face masks and 312 million units of respirator face masks

In a bourse filing today, Komarkcorp said it expects to raise up to RM81.78 million via the proposed rights issue, based on an illustrative issue price of 10 sen per right share under the maximum case scenario.

This exercise entails the issuance of up to 817.82 million rights shares and up to 272.61 million free detachable warrants, on the basis of three rights shares and one warrant for every three shares held.

Komarkcorp said RM46 million of the proceeds will go towards the expansion of its manufacturing business, including RM12 million for the face mask business, RM12 million for replacement and upgrade machineries for the labelling business, RM7 million for refurbishment and renovation of factories, and RM5 million for installation and commissioning of the face mask production lines.

The group said it also plans to set aside another RM5 million for new product development to keep pace with the demand and development in face masks, and RM15 million to finance the acquisition or investment in any suitable complementary business, including the face mask and label industry.

The group expects the rights issue with warrants to be completed by the fourth quarter this year.

Komarkcorp’s share price closed 0.5 sen or 4.35% lower at 11 sen today, giving it a market capitalisation of RM64 million.

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MASSIVE FUND RAISING BY ANOTHER PENNY STOCK

TRADE WISELY

Posted by weisheng1998 > 2021-08-19 03:07 | Report Abuse

collect push and build fake support line then dump keep looping the process haha

Posted by weisheng1998 > 2021-08-19 03:08 | Report Abuse

if can't ply edy add share restart again

Posted by whistlebower99 > 2021-08-19 09:52 |

Post removed.Why?

Posted by weisheng1998 > 2021-08-19 09:58 | Report Abuse

hmm my prediction correct haha 0.9 say that on March

Posted by weisheng1998 > 2021-08-19 12:04 | Report Abuse

additional share coming 附加股来咯

Citadel666

535 posts

Posted by Citadel666 > 2021-08-19 12:47 |

Post removed.Why?

Citadel666

535 posts

Posted by Citadel666 > 2021-08-19 13:19 |

Post removed.Why?

Posted by weisheng1998 > 2021-08-19 14:59 | Report Abuse

I guess kena catch by MDDB edy haha

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-19 17:11 |

Post removed.Why?

Vicky

1,592 posts

Posted by Vicky > 2021-08-19 19:19 | Report Abuse

Komark endgame.

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-19 21:47 | Report Abuse

I will buy wa 2c

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-19 21:47 | Report Abuse

Lowest merrier.0.5c d best

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-19 21:48 | Report Abuse

2c-30k
1c-200k
0.5c- 4000k

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-19 21:55 | Report Abuse

Menara lienhoe 60 companies.victor relatedno more koh hun moi.

Be careful dirty tactic of right issue thereafter consolidated like lambo.


U guy can report to SC if u hv evidence or suspect manipulation by major shareholders/ operator

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-19 21:56 | Report Abuse

Apparently many had trapped warrant at 6c

So operator pressto 3c

If u buy ..it willpress to 2c ( rock bottom) n stagnant for a while.

So wait 2c only buy

Posted by ballsapart > 2021-08-19 22:01 | Report Abuse

Does it mean we ve to buy the right issue ?

Posted by ballsapart > 2021-08-19 22:02 | Report Abuse

How it goes ha ?

Posted by weisheng1998 > 2021-08-19 23:03 | Report Abuse

later direct PN17 delisted sure saw many on top floor of condo building lol

Posted by weisheng1998 > 2021-08-19 23:04 | Report Abuse

same boss company https://klse.i3investor.com/servlets/stk/0074.jsp

Posted by weisheng1998 > 2021-08-20 10:51 | Report Abuse

komarkcorp plans to raise up to RM81.78m — 128% of its market value of RM64m — through a rights issue. This exercise entails the issuance of up to 817.82m rights shares and up to 272.61m free detachable warrants, on the basis of three rights shares and one warrant for every three shares held. (The Edge) as expected

Posted by Anonymous12567 > 2021-08-21 21:03 | Report Abuse

Already hard times around, this komark bust*** still thinking of killing ppl so let pray hard the cov19 especially delta variant collect their whole family one by one. We pray and the cursed are no different from their acts.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-21 21:08 | Report Abuse

inKAMBING 5 cent.

Yes..can claim many machines but is it running at optimal production speed...
hahaha

i have been to Komark Face Making machine factory.
Huge wastage material....
2 Share holder face off......

Previous Owner sell off share with condition that Son is still the CEO....hahaha

Chaos Management lo.

Posted by Anonymous12567 > 2021-08-21 21:15 | Report Abuse

Yah, one more thing if anyone out there who feels like organised protest with big banner for reasoning under this pendamic in front the building so that can go viral. Details talk later on or not first.

Posted by weisheng1998 > 2021-08-21 21:48 | Report Abuse

lol invest share until curse people so weak, when it drop to 0.12 I edy predict will down to 0.9 lol, see selangor covid chart so high (most of cluster is Foreign workers) and u don't tell me Komark production workers majority Malaysian hahah

Posted by weisheng1998 > 2021-08-21 21:49 | Report Abuse

this counter similar to GOCEAN

Jamalko

55 posts

Posted by Jamalko > 2021-08-22 09:38 | Report Abuse

Wa- will press to 2c then stagnant n collect back share by operator( major share holder & syndicate goreng allies of major shareholders).


U buy they sell.u sell they buy

Jamalko

55 posts

Posted by Jamalko > 2021-08-22 09:39 | Report Abuse

Current weak govt nobody will goteng saham.

Those high price share u should cabut

Posted by weisheng1998 > 2021-08-22 11:30 | Report Abuse

haha actually gov weak is share promotion

Posted by weisheng1998 > 2021-08-22 19:21 | Report Abuse

will shark pull up 0.1x5 then throw to 0.006 let see

Posted by Anonymous12567 > 2021-08-23 10:56 | Report Abuse

Weisheng1988 u cina kacang putih you got no chance to shine my shoes.

Posted by citadel222 > 2021-08-23 10:57 |

Post removed.Why?

Posted by weisheng1998 > 2021-08-23 12:10 | Report Abuse

lol, see my comment from March until now my prediction quik accurate in this counter haha
invest in this counter I rather go for ADA coin or Awantec

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-23 12:59 | Report Abuse

New potato manager (pm) stock like dead water.god bless malaysia

Posted by whistlebower99 > 2021-08-23 15:03 |

Post removed.Why?

Posted by weisheng1998 > 2021-08-23 16:33 | Report Abuse

got potato meh my awantec fly

gghaha

1,639 posts

Posted by gghaha > 2021-08-24 15:11 | Report Abuse

even mkt good also this group of shares wont up....waiting to RIP...:)

Posted by weisheng1998 > 2021-08-24 15:34 | Report Abuse

so heavy the selling pressure, if I the operator I won't eat up

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-24 17:00 | Report Abuse

i have give warning about this company so much earlier but hey no...still want to buy even thought that time is 12 cent past 1 or 2 month.

I was invited to provide CON-sultant on the company operation lah.
Dah awal awal cakap.....all thereotical calculation based on so call China equipment all are bullshit lo...

Everyone of them not running at optimal capacity lah.....at that time 50 % efficiency..
if run at 100%......wastage gila bengang...and stoppage is very frequent.

Company making losses year in year out.
after recent PP still not enough....now want to force share holders to do RI pulak.

RI mean blindly giving free money.

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-24 23:29 | Report Abuse

Pray for it to drop to 1c

Tuyuyu

424 posts

Posted by Tuyuyu > 2021-08-24 23:29 | Report Abuse

Dont buy this hopeless stock

Posted by weisheng1998 > 2021-08-24 23:48 | Report Abuse

nice counter for TA analysis exercise

Posted by weisheng1998 > 2021-08-24 23:49 | Report Abuse

if want ply goreng counter like this and dataprp u need have very expert skill in seeing TA elements, u need predict when operator in and when operator out

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-25 00:43 | Report Abuse

TA my Ass lah...more TokAss instead
See lah.....all Fintec and group of companies.

Check their TA....all indication breakout soon but more like your Ass got piles instead.

Posted by weisheng1998 > 2021-08-25 02:00 | Report Abuse

don't be so straight la, think from operator perspective, the break out is created to trap people, mean outsider kena trap lo.
u need to twist the mindset if the counter is operator vs small investor, if u invest Taiwan share before u will notice this pattern common

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