Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. 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
tunggu konsolidasi macam pasukhas.................dana dari right issue pun dah diselewengkan terutamanya dalam sykt penny stok yang asyik mengalami kerugian, dll
============== A. Changes in Sub. S-hldr's Int (Section 138 of CA 2016) MERIDIAN BERHAD
Particulars of substantial Securities Holder Name PERMAJU INDUSTRIES BERHAD
1 16 Dec 2021 5,165,900 Acquired Indirect Interest Name of registered holder ICONWORLD RESOURCES SDN. BHD. 2 23 Dec 2021 10,000,000 Acquired Indirect Interest Name of registered holder ICONWORLD RESOURCES SDN. BHD. 3 24 Dec 2021 10,000,000 Acquired Indirect Interest Name of registered holder ICONWORLD RESOURCES SDN. BHD. 4 27 Dec 2021 10,000,000 Acquired Indirect Interest Name of registered holder ICONWORLD RESOURCES SDN. BHD.
Indirect/deemed interest (units) 190,000,000 Indirect/deemed interest (%) 25.216 Date of notice 29 Dec 2021
============ B. Notice of Person Ceasing (Section 139 of CA 2016) PNE PCB BERHAD
Particulars of Substantial Securities Holder Name PERMAJU INDUSTRIES BERHAD Name of registered holder Iconworld Resources Sdn. Bhd. Date of cessation 14 Dec 2021 No of securities disposed 22,000,000 Date of notice 17 Dec 2021
============== C. Notice of Interest Sub. S-hldr (Section 137 of CA 2016) MTOUCHE TECHNOLOGY BERHAD
Particulars of Substantial Securities Holder Name PERMAJU INDUSTRIES BERHAD Name of registered holder Iconworld Resources Sdn. Bhd. Date interest acquired 10 Jun 2021 No of securities 185,050,000 Indirect/deemed interest (units) 185,050,000 Indirect/deemed interest (%) 19.97 Date of notice 14 Jun 2021
=============== Be aware of company investment in other loss making penny stocks Most likely carrying huge paper losses now
can Bursa explain why some penny stock has direct business transaction at RM0.005 while the market is trading at RM0.05?? This is sure win game for the buyers at RM0.005 off market.. then can sell at open market at RM0.05... untung 10x ... i want it too...
Listing Date:30-Mar-2023 New Type/Class:No Type:Conversion of Preference Shares Details:Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares No. of shared issued:1,350,000 Issue Price:MYR 0.220
NOSH = 1,939,395,778 PA = 810,370,966 WA = 103,712,699
Too many shares, PA and warrant combined (almost 3 BILLION !!!) Too few buyers Not easy to push up price Multi-year loss making company Are directors capable of generating profits from business operation? Or directors only capable to issue shares, PA and warrant to bring in fund at expense of shareholders?
TAYOR, set realistic target, remember to take profit
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) MTOUCHE TECHNOLOGY BERHAD
Particulars of Substantial Securities Holder Name PERMAJU INDUSTRIES BERHAD
Subscription of shares pursuant to Rights Issue with Warrants Exercise by Iconworld Resources Sdn. Bhd. a wholly owned subsidiary of Permaju Industries Berhad.
=================== Huge losses due to MTOUCHE share consolidation and rights issue of 0.10 per share
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
WA = 103,712,699 Maturity 2025-08-13 Strike value 0.2300
===================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 26 June 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 - DGB, MMAG, DOLPHIN, TECHNAX, ICON
JOE is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 21 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
KGROUP is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 19 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
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....
Vhydro
1,553 posts
Posted by Vhydro > 2023-01-27 00:31 | Report Abuse
sxhai Good123