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
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
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
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2023-02-04 22:41 | Report Abuse
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