EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)
VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)
ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)
================ Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.
Trading at PE value of x4 which is low compare to their peers, huge upside & arbitrage potential in near time +3 project with total GDV of RM624m under the Rumah Selangorku scheme + RCULS + free warrant is a no brainer
TWL currently have RM2,420.3 million in GDV and RM446.1 million in expected profit on gross profit level. If we exclude the revenue and profit from construction and the acquisition of Qaisar and halving TWL's gross profit to net level, TWL is projected to earn RM223.05 million from 2023 to 2027, translating to an average annual profit after tax of RM55.76 million.
In comparison to TWL's current market capitalization of RM239.1 million, TWL is trading at a forward PE valuation of 4 times, which is significantly lower than its peers who are trading in the range of 6-8 times.
Directors doing another massive fund raising via rights issues of RCULS !!!! Minimum of RM80 mil - RM111 mil !!! Quick fast easy money from shareholders
================================ Previous massive fund raising in September 2021
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,101,480,437 NEW ORDINARY SHARES IN TIGER SYNERGY BERHAD ("TIGER" OR THE "COMPANY") ("TIGER SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE TOGETHER WITH UP TO 1,101,480,437 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 9 SEPTEMBER 2021 ("RIGHTS ISSUE WITH WARRANTS")
================================================ Latest fund raising
RENOUNCEABLE RIGHTS ISSUE OF UP TO RM111,279,632 NOMINAL VALUE OF 5,563,981,607 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN TWL HOLDINGS BERHAD ("TWL" OR THE "COMPANY") ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM0.02 EACH TOGETHER WITH UP TO 1,112,796,321 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS E") ON THE BASIS OF 10 RCULS TOGETHER WITH 2 FREE WARRANTS E FOR EVERY 10 EXISTING ORDINARY SHARES IN THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 MAY 2023 ("RIGHTS ISSUE")
============================= Ex-Date 18 May 2023
Date for commencement of trading of rights 22 May 2023 Date for cessation of trading of rights 29 May 2023
Acceptance and Payment 06 Jun 2023 05:00 PM Excess share application and payment 06 Jun 2023 05:00 PM
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 14 Jun 2023
If losing then don't convert first lor, unless you want to cut loss. So far the company are bringing in more & more decent project & profit are slowly turning to black
1. Particulars of Director Name DATO' TAN WEI LIAN Direct (units) 351,406,203 Direct (%) 8.706 Date of notice 20/04/2023
2. Particulars of Director Name DATIN SEK CHIAN NEE Direct (units) 198,605,650 Direct (%) 4.920 Date of notice 20/04/2023
3. Particulars of Director Name MISS TAN LEE CHIN Direct (units) 7,431,675 Direct (%) 0.184 Date of notice 20/04/2023
4. Particulars of substantial Securities Holder Name TWL CAPITAL BERHAD Direct (units) 631,573,400 Direct (%) 15.647 Date of notice 20 Apr 2023
Total shares held by above parties = 1,189,016,928 (29.457%)
Directors and company owned by directors holding almost 30% of TWL shares
They will subscribe the RCULS and most likely also the excess RCULS as retail investors are getting smarter not to contribute money to directors who are not capable in generating profits from business for so many years
Check the past quarterly reports and annual reports
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....
tklim
3,148 posts
Posted by tklim > 2023-04-13 16:00 | Report Abuse
Exponential Moving Average (10) 0.048
Simple Moving Average (10) 0.047
Exponential Moving Average (20) 0.054
Simple Moving Average (20) 0.054
Exponential Moving Average (30) 0.059
Simple Moving Average (30) 0.062
Exponential Moving Average (50) 0.079
Simple Moving Average (50) 0.062
Exponential Moving Average (100) 0.183
Simple Moving Average (100) 0.131
Exponential Moving Average (200) 0.496
Simple Moving Average (200) 0.422