Dragonslayer you are wrong. TWL is not habis yet. His disposal are via Direct Business Transactions deals meaning right hand to left hand. Probably transferring to his NOMINEES Accounts or PAIC. Otherwise GOH would have already called an EGM to kick out the whole dishonest and crooked BOD. NOT so easy to dislodge this parasite.
VenomV so exactly how much one has to accumulate before he can kick someone out from the board? Cause TWL being the largest shareholder at Seacera was so show off and blah blah blah.
Lee, whoever party has the majority support of the shares in absolute amount can call an EGM and vote in the new Management. Currently, Goh has 25% Vs TWL 8% but TWL may still have NOMINEES Acs and PAIC in excess of 25% to control Tiger. Must bear in mind, this parasite issued 750million additional shares from RN @6 -8 Sen and also about 100million ESOS shares at 6sen to himself and probably related Parties Acting in Concert. So not so clear cut yet but at least, it's an encouraging good start.
Friendly advice, try to avoid counters below 0.05cts, most of them are in distress and desperate, In malaysia what you can buy with 5cts? only this types of stock,
Superwisdom - you are obviously new to Tiger. Since last year when TWL reduce the share cap from 1.7Bil shares to 425Mil shares (4 -->1 consolidation). Then he proposed 750Million new shares at supposedly 10sen from conversion of Redeemable Notes $75mil RN. Plus TWL issued another 120Mil ESOS shares to his own family ( TWL; Wife and sister as directors) at 6sen. Total No of shares ballooned from 425Mil shares to current 1.269Billion shares. TWL issued most of the RN at between 6 - 8 sen to parties acting in concert PAIC. All this while the NTA of Tiger is at least 40sen ? On top of that, Tiger should be flush with cash from the redeemable notes and ESOS of $50mil. BUT WHERE IS THE CASH ? ? ?
Tiger Synergy shares fall 14% in early trade KUALA LUMPUR: Tiger Synergy Bhd is the second most actively traded counter on Bursa Malaysia in early trade on Friday. The counter rose 14.29%, or one sen to six sen with 32.6 million shares exchanged hands. The company has not made any corporate announcements recently apart from changes in its director’s interest and its employees share option scheme exercise. For the first six months ended Dec 31, 2018, Tiger Synergy posted a net profit of RM568,000 on revenue of RM8.36mil. Last week, its major shareholder Datuk William Tan Wei Lian pledged to invest at least RM30mil in Seacera Group Bhd to resolve its cash flow and credit liabilities. He recently emerged as the single largest shareholder of Seacera, with a stake of more than 16%.
9 May 2019 TAN WEI LIAN (5,000,000 units Disposed) 8 May 2019 TAN WEI LIAN (63,132,772 units Disposed) 6 May 2019 TAN WEI LIAN (56,600,000 units Disposed) 3 May 2019 TAN WEI LIAN (5,000,000 units Disposed) 29 Apr 2019 TAN WEI LIAN (20,000,000 units Disposed) 17 Apr 2019 TAN WEI LIAN (59,877,929 units Transacted) 2 Apr 2019 TAN WEI LIAN (17,600,000 units Disposed) 20 Mar 2019 TAN WEI LIAN Disposed 20,000,000 shares 15 Mar 2019 TAN WEI LIAN Disposed 80,000,000 shares 12 Mar 2019 TAN WEI LIAN Disposed 50,000,000 shares (240,254,175 20.79%)
Both Goh and TWL are related......kam ching kam ching friend ok. So they are no tussle in the company as perceived.....just matter of left or right hand.
Goh is also owner of Nam Heong Coffee Chain so let your imagination start figuring out their next moves or just he is really helping TWL on some controlling issue.
Is there any evidence of it? The brother brother relationship? As far as I know, when it comes to money and power, brother will turn into enemy... Just look around all the listed company. What will Goh gets from "helping" TWL? I would love to know. Please share.
Always remember GOh formerly founder of Old Town White Coffee and sold off to capitalise on the gains after all the hard works. At the same time when he still attached to Old Town, he create another food chain Nam Heong.......so your guess should be good as mine on his next steps. TWl just a friend of him.......read earlier comments by someone on TWL force selling of his stakes and his stake is decreasing.......so if he is losing control what will happen?.........thats why the new substantial holder comes in.
Are all stock trading deals must be written on paper and reported publicly? I doubt it. We are now too careful because of past history, the victims, and where the stock price stand right now.
everybody already disapointed... Now only wait and see the movements cos we cannot do anything. Our future is in Mr goh and tan hand. I only known one thing if Mr goh want sapu tiger sure Mr tan sell higher not dispose so Mr goh need more money to buy tiger.... Why Mr tan keep dispose the share below market price? Thinks about it? If Mr goh sapu already why the price is still drop from 8cent to 4cent. Why why why? I know you must say showtime coming. For me I just like a cancer patient waiting the share from 1300 lot drop to 425 lot before the consolidation 4:1.and from 8 cent drop to 4 cent. This two time impact already kill me.
Last time the price up 10cent then now drop to 4 cent... Majiji.... Its time wake up don't dreaming lah... If consolidation again from 1000 lot becoming 250 and consolidation again becoming 62 lot left... If the share up to rm1 also useless.
Don't worry it will drop back 4c to 4.5c tomorrow. ( 4.5c no strong buyer) This is a long term counter... Maybe 3 to 5 years. Not interested to wait, please look for other counter.
Dragonslayer. I'll be happy if it's goes up because I'm not plan to buy anymore. Already bought at 4c waiting to sell. In my opinion, you need to hold for long term for really good money.
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Posted by spinninglotus2020 > 2019-05-09 17:50 |
Post removed.Why?