Target1: 0.05 Target2: 0.07 Target3: 0.09 Current market already proven can push up & down easily, TWL also bringing in quality project and trying to bring positive cash flow in
Conversion of RCULS to Ordinary Shares No. of shares issued under this corporate proposal 126,666,660 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300 Latest issued share capital after the above corporate proposal in the following Units 4,337,836,834 Listing Date 02 Aug 2023 ======== More RCULS conversion to ordinary shares More dilution to shareholding equity % and EPS
GOCEAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 July 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2023 in progress - GOCEAN, DGB, MMAG, DOLPHIN, TECHNAX, ICON
Details of corporate proposal Conversion of RCULS to Ordinary Shares No. of shares issued under this corporate proposal 124,970,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300 Latest issued share capital after the above corporate proposal in the following Units 4,496,106,834 Listing Date 21 Aug 2023
Conversion of RCULS to Ordinary Shares No. of shares issued under this corporate proposal 117,821,600 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300 Latest issued share capital after the above corporate proposal in the following Units 4,613,928,434 Listing Date 25 Aug 2023
More RCULS conversion to ordinary shares More dilution to shareholders equity % and EPS
============== NOSH = 4,613,928,434
Outstanding RCULS (LA) = 2,147,447,219 when fully converted will increase the NOSH to 6.7 BILLION shares !!!
WD = 856,946,709 WE = 489,684,007
=============== Very heavy penny stock and warrants Multi year loss making
Not easy for price to move up unless directors can magically turn around the company performance
Hello SKL. you have been promoting this counter for so long.. don't mislead newbies lah. this counter is as good as DEAD .. don't ever touch this counter.
1 01 Sep 2023 23,000,000 Acquired Indirect Interest Name of registered holder Datin Sek Chian Nee
2 01 Sep 2023 11,421,000 Disposed Indirect Interest Name of registered holder Dato' Tan Wei Lian
3 01 Sep 2023 10,000,000 Disposed Direct Interest Name of registered holder TWL Capital Berhad
4 04 Sep 2023 9,000,000 Acquired Indirect Interest Name of registered holder Datin Sek Chian Nee
5 04 Sep 2023 8,912,000 Disposed Direct Interest Name of registered holder TWL Capital Berhad
========================== Circumstances by reason of which change has occurred 1. Acquisition of Ordinary Shares through Open Market by Datin Sek Chian Nee. 2. Disposal of Ordinary Shares through Open Market by Dato' Tan Wei Lian. 3. Disposal of Ordinary Shares through Open Market. 4. Acquisition of Ordinary Shares through Open Market by Datin Sek Chian Nee. 5. Disposal of Ordinary Shares through Open Market.
Direct (units) 676,728,500 Direct (%) 14.663 Indirect/deemed interest (units) 654,189,528 Indirect/deemed interest (%) 14.175 Date of notice 07 Sep 2023
Conversion of RCULS to Ordinary Shares No. of shares issued under this corporate proposal 43,277,428 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300 Latest issued share capital after the above corporate proposal in the following Units 4,658,355,862 Listing Date 18 Sep 2023
========== Another massive dilution of shareholders equity % and EPS due to early conversion of RCULS NOSH = 4,658,355,862 Getting heavier and heavier, not easy to support a high price.
Conversion of Warrants E (2023/2026) to Ordinary Shares No. of shares issued under this corporate proposal 22,809,320 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300 Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000 Latest issued share capital after the above corporate proposal in the following Units 4,681,165,182 Issued Share Capital ($$) Malaysian Ringgit (MYR) 367,587,197.050 Listing Date 19 Sep 2023
=========== More conversion of Warrants to reduce shareholders equity % and EPS NOSH continue to rise toward 5 billion shares
KOMARK is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 23 August 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
PROPOSED PRIVATE PLACEMENT OF UP TO 810,800,600 NEW ORDINARY SHARES IN TWL ("TWL SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING NOT MORE THAN 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT
Exercise of Warrants Details of corporate proposal Conversion of Warrants E (2023/2026) to Ordinary Shares No. of shares issued under this corporate proposal 115,074,900 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300 Latest issued share capital after the above corporate proposal in the following Units 4,827,398,567 Listing Date 12 Oct 2023
============= Warrants has very low transaction volume Major warrant holders unable to dispose their warrants into market Next option is for major warrant holders to convert to ordinary shares to dispose the shares into market at around 0.035 to 0.04
============= Expect more warrants to be converted to ordinary shares Expect more dilution to shareholder equity % and EPS if any
============= NOSH = 4,827,398,567 LA = 2,098,519,791 WD = 856,946,709 WE = 440,216,202
NOSH approaching 5 BILLION shares with more conversion of warrants and LA
PROPOSED PRIVATE PLACEMENT OF UP TO 810,800,600 NEW ORDINARY SHARES IN TWL ("TWL SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING NOT MORE THAN 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board, TA Securities wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) on 29 September 2023.
============= Directors will continue to raise more fund via share issuance to PP, ESOS, etc NOSH will continue to rise further More dilution to shareholder equity % and EPS if any
Be careful holding high NOSH multi-year loss making penny stock
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) TWL HOLDINGS BERHAD
Particulars of substantial Securities Holder Name TWL CAPITAL BERHAD
1 09 Oct 2023 8,658,485 Acquired Indirect Interest Name of registered holder Dato Tan Wei Lian
2 09 Oct 2023 4,030,000 Acquired Indirect Interest Name of registered holder Dato Tan Wei Lian
3 09 Oct 2023 1,800,000 Acquired Indirect Interest Name of registered holder Datin Sek Chian Nee
4 12 Oct 2023 114,500,000 Acquired Direct Interest Name of registered holder TWL Capital Berhad
1. Acquisition of shares by exercise TWL-WE by Dato Tan Wei Lian. 2. Acquisition of shares through open market by Dato Tan Wei Lian. 3. Acquisition of shares through open market by Datin Sek Chian Nee. 4. Acquisition of shares by exercise TWL-WE.
Direct (units) 755,073,500 Direct (%) 15.64 Indirect/deemed interest (units) 765,543,404 Indirect/deemed interest (%) 15.86 Total no of securities after change 1,520,616,904 Date of notice 12 Oct 2023
================ TWL Capital (company linked to directors) and directors continue to collect more shares from market to support the cheap low price penny stock Directors raised too much fund via massive issuance of shares, LA and warrants
Be careful holding high NOSH loss making penny stock
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
AEM is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 17 Oct 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
Long term shareholders holding at high prices will incur huge losses from share consolidation
MLAB is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 25 Oct 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
Long term shareholders holding at high prices will incur huge losses from share consolidation
AT is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 31 Oct 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
Long term shareholders holding at high prices will incur huge losses from share consolidation
yessssssss all listed stock rubbish. last time when this stock named Tiger, who else jump in? im one of it even a little bit but now ill waiting the perfect time to goreng this one more time XD
Generating volume to attract newbies, punters and new players into the game. Very cheap counter, everyone can play. But NOSH extremely high and with multi year losses ============= NOSH = 4,827,398,567 LA = 2,098,519,791 WD = 856,946,709 WE = 440,216,202
============= More than 800 million placement shares to be issued soon
An interesting phenomenon to ponder. Why the boss keep on converting its LA/WD/WE, which are not in the money instead of buying directly from the market.
NOSH = 4,870,842,767 LA = 2,064,748,091 WD = 846,960,709, Maturity Date 04 Oct 2024 WE = 325,141,302
Big warrants holders have huge amount of warrants which can't be disposed in big quantity
One way to recoup some money for warrants could be converting them and hope to push the mother to dispose the converted warrants to make probably 1/2sen or 1 sen....
============== With massive conversion of LA, WD, WE, ordinary shareholders will see their shareholding equity and EPS massively diluted
================ Likely to end up like BORNOIL, FINTEC, AT, KGROUP, etc many of which had undergone share consolidation
1. Laying of the audited financial statements and the reports of the directors and auditors
2. Election of Director THAT re-election of the Executive Chairman, Dato’ Tan Wei Lian who retires in accordance with Article 95 of the Company’s Constitution, be hereby approved.
3. Election of Director THAT re-election of the Non-Independent Non-Executive Director, Chua Eng Chin...
4. Election of Director THAT re-election of the Independent Non-Executive Deputy Chairman, Dato’ Syed Abdul Aziz bin Syed Hassan...
5. Election of Director THAT re-election of the Independent Non-Executive Director, Dato’ Zainol Abidin bin Mohamed.....
6. Appointment of auditors THAT the appointment of Messrs UHY, Chartered Accountants....
SPECIAL BUSINESS
7. Approval for directors’ meeting allowance in accordance with Article 103 and 104 respectively of the Constitution and pursuant to Section 230(1)(a) of the Companies Act 2016
THAT approval be given for the payment of Directors’ meeting allowance of up to RM150,000.00 (2022 : RM150,000.00) for the period from this AGM until the next AGM to be held in year 2024 and be payable after the meeting in arrears.
8. Allotment of shares or grant of rights and waiver of pre-emptive rights with the Company approval pursuant to Sections 75, 76 and 85 of the Companies Act 2016 respectively
By Order of the Board TWL HOLDINGS BERHAD Company Secretary HENG CHIANG POOH FCIS (CS) (CGP) MAICSA 7009923
TWL Holdings Bhd Quarterly rpt on consolidated results for the financial period ended Sept 2023 is out : 1) Revenue $9352 vs $3,017 - increased by 201% 2) Net Profit $2,775 vs $179 - increased by 1450% Definitely a good earnings number. Now lets see the great show
NOSH = 4,891,937,567 (hitting 5 BILLION shares soon) LA = 2,061,962,891 WD = 837,071,109, Maturity Date 04 Oct 2024 WE = 316,421,302
Number of shares continue to increase due to conversion of LA and WE Big warrants holders have huge amount of warrants which can't be disposed in big quantity
One way to recoup some money for warrants could be converting them and hope to push the mother to dispose the converted shares to make profit
============== With massive conversion of LA, WD, WE, ordinary shareholders will see their shareholding equity and EPS massively diluted
================ Likely to end up like BORNOIL, FINTEC, AT, KGROUP, etc many of which had undergone share consolidation
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....
peepduck
67 posts
Posted by peepduck > 2023-07-11 17:45 | Report Abuse
hoot 9 e... wait at 3sen & dont collect higher than that