YONG TAI BHD

KLSE (MYR): YONGTAI (7066)

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Last Price

0.245

Today's Change

0.00 (0.00%)

Day's Change

0.245 - 0.245

Trading Volume

559,900


11 people like this.

10,696 comment(s). Last comment by tklim 5 hours ago

citadel888

532 posts

Posted by citadel888 > 2022-07-14 11:01 | Report Abuse

last year baru goreng to 0.2 , u guys still dreaming goreng again this year meh

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-14 12:49 | Report Abuse

Mtronic, mother push lil bit, but see the baby wb.. insane

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-14 13:25 | Report Abuse

EGM then conso, then price drop back to current $ again.

Posted by bullmarket1628 > 2022-07-15 09:15 | Report Abuse

Sailang all my belongings till underwear to buy in Yongtai at @0.06

Heng ah, Ong ah, Huat ah !

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-15 09:58 | Report Abuse

after consolidation, drop back to 0.06. see you jump from condo or not.

nickyeo55

1,063 posts

Posted by nickyeo55 > 2022-07-16 13:30 | Report Abuse

Mr tklim
Do u think that the operator is strong enough to push or not ?

nickyeo55

1,063 posts

Posted by nickyeo55 > 2022-07-16 19:07 | Report Abuse

Okay.Thabks Mr Lim

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-19 11:28 | Report Abuse

consolidation.. 5 x 0.60 = 0.30. 2nd August will drop from 0.30 to 0.60 again.

nickyeo55

1,063 posts

Posted by nickyeo55 > 2022-07-19 17:27 | Report Abuse

So Mr notrealboo , u should had sold all your share already N let the real boo die standing lo

diamjela

346 posts

Posted by diamjela > 2022-07-20 12:32 | Report Abuse

0.05.. happy or not..

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-20 19:34 | Report Abuse

not possible.

diamjela

346 posts

Posted by diamjela > 2022-07-22 09:34 | Report Abuse

those who believe they will push back and let retailers make money are too naive. this is con man counter. After consolidate will drop again. Trap everyone forever.

Posted by whistlebower99 > 2022-07-22 12:29 | Report Abuse

FOR NEWBIES

CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN YONG TAI BERHAD ("YTB" OR "COMPANY") ("YTB SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 1 AUGUST 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Ex-Date 29 Jul 2022
Entitlement date 01 Aug 2022

==================
Be informed of Shares consolidation 5 into 1

To be followed by following proposal at a later date :-

(II) PROPOSED BONUS ISSUE OF UP TO 103,098,378 FREE WARRANTS IN YTB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 4 CONSOLIDATED SHARES HELD BY THE ENTITLED SHAREHOLDERS ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER; AND

(III) PROPOSED SETTLEMENT OF AN AGGREGATE AMOUNT OF RM46,000,000 DEBT OWING TO CREDITORS BY THE COMPANY AND/OR ITS SUBSIDIARIES, VIA THE ISSUANCE OF 92,000,000 NEW YTB SHARES.

==================
Current NOSH before shares consolidation = 1,427,473,691
PA = 17,171,353

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


Posted by whistlebower99 > 2022-07-22 12:44 | Report Abuse

FOR NEWBIES

YONGTAI-PA (ICPS) holders be informed of the following:-

ADJUSTMENTS TO THE CONVERSION PRICE AND CONVERSION RATIO OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN YONG TAI BERHAD ("YTB" OR "COMPANY") ("ICPS") PURSUANT TO THE CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN YTB ("YTB SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 1 AUGUST 2022 ("ENTITLEMENT DATE") INTO 1 SHARE ("CONSOLIDATED SHARE")

Remarks :
The conversion price of the ICPS and conversion ratio of the ICPS (for ICPS which are not converted into new Shares prior to the Entitlement Date) shall be adjusted pursuant to the Share Consolidation and in accordance with the provisions of the Company's Constitution ("Adjustments").

Pursuant to the Adjustments, the conversion price of ICPS will be adjusted from existing conversion price of RM0.80 each to RM4.00 each.

The conversion ratio of ICPS will be adjusted from existing conversion ratio of 1 ICPS for 1 new Share to 5 ICPS for 1 new Share. The adjustment will be effective on 2 August 2022, being the next market day following the Entitlement Date.

The notice setting out the details of the Adjustments will be issued and despatched to the ICPS Holders in due course.

Holders of ICPS who wish to be entitled to the Share Consolidation should convert their ICPS by lodging their duly completed ICPS conversion forms with the Share Registrar of Yong Tai Berhad (at the address stated above) on or before 5.00 p.m. on Wednesday, 20 July 2022 such that their names will appear in the Record of Depositors of the Company at 5.00 p.m. on the Entitlement Date.

This announcement is dated 19 July 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3276942
====================

diamjela

346 posts

Posted by diamjela > 2022-07-25 09:01 | Report Abuse

consolidation but keep drop.

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-25 21:59 | Report Abuse

imagine people holding above RM0.20 average price.

mikeann

810 posts

Posted by mikeann > 2022-07-26 17:36 | Report Abuse

Risk of share price dropping after share consolidation is very high.

StingRay

6,837 posts

Posted by StingRay > 2022-07-26 17:53 | Report Abuse

of all the tai, you go for yongtai. should have gone for Bintai instead. at least Bintai is in positive result. Haiya.

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-26 22:23 | Report Abuse

of course.. that is their trick. consolidate then there's more space for them to drop again.

Posted by DoggieInvestor > 2022-07-26 23:46 | Report Abuse

can anyone explain why Yong Tai collapsed 95% in 5 years?

diamjela

346 posts

Posted by diamjela > 2022-07-27 09:38 | Report Abuse

@doggieinvestor, this is because dog boo trick to trap people. try buy and see what happen. you will lose another 95% after next week.

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-27 23:54 | Report Abuse

final week for any show.. if anywhere near 0.20 is goodluck. if not sell all after consolidate.

Michael R.

4,762 posts

Posted by Michael R. > 2022-07-28 11:01 | Report Abuse

Since they lack of revenue and potential... price need to consolidate because no way the price can drop further as this co is not really owned by those 50+ related companies...

After consolidation if continue without good profit, from 0.30+ still got more room to drop back towards 0.10+ territory... at least the co survive these few years ahead..
TAYOR..

Michael R.

4,762 posts

Posted by Michael R. > 2022-07-28 11:04 | Report Abuse

AGESON profitable co post consolidation prices 0.60+ but dropped below 0.20... now back to 0.550...

YTB with lack of revenue you can gauge yourself its trendlines..

Posted by whistlebower99 > 2022-07-28 14:49 | Report Abuse

FOR NEWBIES

CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN YONG TAI BERHAD ("YTB" OR "COMPANY") ("YTB SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 1 AUGUST 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")


Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Consolidation” as from: 29 Jul 2022
2) The last date of lodgment : 01 Aug 2022

https://www.klsescreener.com/v2/announcements/view/3581925

===================
5000 shares will be consolidated to 1000 shares
Closing price @0.06 will be consolidated to 0.30

=================

diamjela

346 posts

Posted by diamjela > 2022-07-28 17:28 | Report Abuse

0.06 become 0.30, drop back to 0.06 again. ha ha

diamjela

346 posts

Posted by diamjela > 2022-07-29 09:17 | Report Abuse

there it comes.. whoever average cost are RM0.20 above, you will need yongtaik to hit RM1.00 now after consolidation. Current price at RM0.29 means it needs to at least limit up more than 2 times if you want to exit at cost.

diamjela

346 posts

Posted by diamjela > 2022-07-29 09:17 | Report Abuse

this kind of conman counter should be banned forever from market.

Michael R.

4,762 posts

Posted by Michael R. > 2022-07-29 10:01 | Report Abuse

The Q Reports obviously indicated lack of revenues... Whoever entering after QRs out were ignorance of the facts... unless intent to swing2..

tklim

3,132 posts

Posted by tklim > 2022-07-29 10:49 | Report Abuse

LONG TERM TARGET RM10.00

HOLD FOR INVESTMENT

diamjela

346 posts

Posted by diamjela > 2022-07-29 11:31 | Report Abuse

so we all who entered above RM0.10 near RM0.20 before conso should be worried?

Noni

668 posts

Posted by Noni > 2022-07-29 12:25 | Report Abuse

Is going to 1.50 soon

tklim

3,132 posts

Posted by tklim > 2022-07-29 14:48 | Report Abuse

anything below 0.29 is CHEAP SALE......

PKW123

41 posts

Posted by PKW123 > 2022-07-29 15:34 | Report Abuse

Drop again below 10sen? no worry, console again 10:1

diamjela

346 posts

Posted by diamjela > 2022-07-29 17:02 | Report Abuse

wondering how come the boss still can con so many people without any consequences?

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-29 20:33 | Report Abuse

my prediction all 100% came true. ha ha ha

tklim

3,132 posts

Posted by tklim > 2022-07-29 23:37 | Report Abuse

@notrealBoo
what is your average after consolidation?

notrealBoo

352 posts

Posted by notrealBoo > 2022-07-30 21:19 | Report Abuse

my average price is RM0.183, now 5:1 means my revised cost average is RM0.915. Current market price is RM0.265, unless limit up 3 times..

diamjela

346 posts

Posted by diamjela > 2022-08-01 09:29 | Report Abuse

wonderful, excellent, fantastic, amazing, incredible, perfect example of a rubbish company and management.

diamjela

346 posts

Posted by diamjela > 2022-08-01 11:37 | Report Abuse

so weak counter. Consolidate also never able to go to RM1.

Posted by bullmarket1628 > 2022-08-01 13:45 | Report Abuse

Top up more Yongtai at @0.26

Heng ah, Ong ah, Huat ah !

diamjela

346 posts

Posted by diamjela > 2022-08-01 15:30 | Report Abuse

rubbish.

notrealBoo

352 posts

Posted by notrealBoo > 2022-08-01 21:42 | Report Abuse

what will be the price of the warrant?

fl888

7,533 posts

Posted by fl888 > 2022-08-02 08:41 | Report Abuse

below 10cts....very good buy.

Posted by whistlebower99 > 2022-08-02 09:46 | Report Abuse

FOR NEWBIES

MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

Announcement dated 2 August 2022

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

List of penny stocks with shares consolidation:-

2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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

notrealBoo

352 posts

Posted by notrealBoo > 2022-08-02 09:51 | Report Abuse

@fl888 if it drops below 10cent, i think the boss might be ''disappearkan''

notrealBoo

352 posts

Posted by notrealBoo > 2022-08-02 10:35 | Report Abuse

haha. 0.88 wait year 2027

notrealBoo

352 posts

Posted by notrealBoo > 2022-08-02 23:56 | Report Abuse

current wave is dead wave

diamjela

346 posts

Posted by diamjela > 2022-08-03 09:08 | Report Abuse

rubbish counter

Posted by Xerxes1988 > 2022-08-03 12:14 | Report Abuse

Terribly dead n junk stock for the past years

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