What do you expect from this hopeless management team. All get fat pay cheques yet cannot even bring the company to be profitable. Sometimes most of these top management, only good in shoe polishing.
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
1 day up 9% , next day down 9%. If you play smart, can la get some duit nasi lemak . Just don't hope this counter recover to ori price. I hope I am wrong because I am also a victim of Ah Ng.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Besafe
1,295 posts
Posted by Besafe > 2022-11-10 10:37 | Report Abuse
What do you expect from this hopeless management team. All get fat pay cheques yet cannot even bring the company to be profitable. Sometimes most of these top management, only good in shoe polishing.