YONG TAI BHD

KLSE (MYR): YONGTAI (7066)

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Last Price

0.285

Today's Change

-0.02 (6.56%)

Day's Change

0.275 - 0.295

Trading Volume

2,154,900


10 people like this.

9,662 comment(s). Last comment by notrealBoo 25 minutes ago

diamjela

124 posts

Posted by diamjela > 1 month ago | Report Abuse

0.06, conso 5 into 1.. become 0.30, throw down to 0.06 again.. let every one die

CatRebound

206 posts

Posted by CatRebound > 1 month ago | Report Abuse

no income... sure need conso and PP and PP and PP again...

citadel888

529 posts

Posted by citadel888 > 1 month ago | Report Abuse

listen to this tklin sure Holland

diamjela

124 posts

Posted by diamjela > 1 month ago | Report Abuse

hongkan holland str8

zhm540

2,371 posts

Posted by zhm540 > 1 month ago | Report Abuse

Wow! operator is happily collecting at 6s.

citadel888

529 posts

Posted by citadel888 > 1 month ago |

Post removed.Why?

Posted by newbiehk2014 > 1 month ago | Report Abuse

wah, heartless operation in action

notrealBoo

131 posts

Posted by notrealBoo > 1 month ago | Report Abuse

finished.

diamjela

124 posts

Posted by diamjela > 1 month ago | Report Abuse

this is good bye. look at other penny counter, can goreng up multiple X. Yongtai pure rubbish. Can't even back to 52 weeks high.

citadel888

529 posts

Posted by citadel888 > 1 month ago | Report Abuse

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

notrealBoo

131 posts

Posted by notrealBoo > 1 month ago | Report Abuse

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

notrealBoo

131 posts

Posted by notrealBoo > 1 month ago | Report Abuse

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

Posted by bullmarket1628 > 1 month ago | Report Abuse

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

Heng ah, Ong ah, Huat ah !

nickyeo55

886 posts

Posted by nickyeo55 > 1 month ago | Report Abuse

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

nickyeo55

886 posts

Posted by nickyeo55 > 1 month ago | Report Abuse

Okay.Thabks Mr Lim

notrealBoo

131 posts

Posted by notrealBoo > 4 weeks ago | Report Abuse

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

nickyeo55

886 posts

Posted by nickyeo55 > 3 weeks ago | Report Abuse

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

diamjela

124 posts

Posted by diamjela > 3 weeks ago | Report Abuse

0.05.. happy or not..

notrealBoo

131 posts

Posted by notrealBoo > 3 weeks ago | Report Abuse

not possible.

diamjela

124 posts

Posted by diamjela > 3 weeks ago | 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 > 3 weeks ago | 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 > 3 weeks ago | 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...
====================

diamjela

124 posts

Posted by diamjela > 3 weeks ago | Report Abuse

consolidation but keep drop.

notrealBoo

131 posts

Posted by notrealBoo > 3 weeks ago | Report Abuse

imagine people holding above RM0.20 average price.

mikeann

765 posts

Posted by mikeann > 2 weeks ago | Report Abuse

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

StingRay

5,459 posts

Posted by StingRay > 2 weeks ago | 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

131 posts

Posted by notrealBoo > 2 weeks ago | Report Abuse

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

Posted by DoggieInvestor > 2 weeks ago | Report Abuse

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

diamjela

124 posts

Posted by diamjela > 2 weeks ago | 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

131 posts

Posted by notrealBoo > 2 weeks ago | Report Abuse

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

Michael R.

4,152 posts

Posted by Michael R. > 2 weeks ago | 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.

4,152 posts

Posted by Michael R. > 2 weeks ago | 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 > 2 weeks ago | 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

124 posts

Posted by diamjela > 2 weeks ago | Report Abuse

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

diamjela

124 posts

Posted by diamjela > 2 weeks ago | 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

124 posts

Posted by diamjela > 2 weeks ago | Report Abuse

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

Michael R.

4,152 posts

Posted by Michael R. > 2 weeks ago | 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

3,008 posts

Posted by tklim > 2 weeks ago | Report Abuse

LONG TERM TARGET RM10.00

HOLD FOR INVESTMENT

diamjela

124 posts

Posted by diamjela > 2 weeks ago | Report Abuse

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

Noni

425 posts

Posted by Noni > 2 weeks ago | Report Abuse

Is going to 1.50 soon

tklim

3,008 posts

Posted by tklim > 2 weeks ago | Report Abuse

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

PKW123

35 posts

Posted by PKW123 > 2 weeks ago | Report Abuse

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

diamjela

124 posts

Posted by diamjela > 2 weeks ago | Report Abuse

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

notrealBoo

131 posts

Posted by notrealBoo > 2 weeks ago | Report Abuse

my prediction all 100% came true. ha ha ha

tklim

3,008 posts

Posted by tklim > 2 weeks ago | Report Abuse

@notrealBoo
what is your average after consolidation?

notrealBoo

131 posts

Posted by notrealBoo > 2 weeks ago | 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

124 posts

Posted by diamjela > 2 weeks ago | Report Abuse

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

diamjela

124 posts

Posted by diamjela > 2 weeks ago | Report Abuse

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

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