Hahaha. Nicholas 99 always see you spread negative news .. always ! You want buy lower ? Or you just spread for fun? Haha. Totally no colorful in your life
A. Technology sector (i) Greatec/0208 (ii) UWC /5292 The 2 stocks exhibit strong technical uptrend, Not recommended to buy now, wait for correction.
============================================
(iii) KSSC /5192 Buy on weakness/some RM 0.55 Buy on weakness /some more RM 0.53 Buy on weakness /most RM 0.51 Margin of safety
Remarks In the process of private placements at RM 0.50, 20% share from the share base To raise RM 9.6 millions for capital expansion on glove dipping plants Only 2 dipping line systems for rubber gloves HLT (the bigger company) HLT have limit up 3 times before KSSC (the smaller company)
Target Price RM 0.85 and above for short term By end October 2020 Potential gain =60 % above
KSSC 0.560 -0.01 (-1.8%) NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT") K.SENG SENG CORPORATION BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT") We refer to the announcement dated 25 August 2020 in relation to the Proposed Private Placement (“Previous Announcement”). Unless otherwise defined, the definitions set out in the Previous Announcement shall apply herein.
On behalf of the Board, UOBKH wishes to announce that after further due consideration and deliberation, the Board has resolved to revise the utilisation of proceeds of the Proposed Private Placement, which was announced on 25 August 2020 (“Proposed Revision of Utilisation Proceeds”). The Proposed Revision of Utilisation Proceeds was made to cater for the reallocation of additional funds to be utilised towards the business expansion of KSSC group.
Further details on the Proposed Revision of Utilisation Proceeds are set out in the attachment below.
It means the company instead of requesting additional funds to expand their current business, (i) by applying new credit facilities from their regular banks (ii) by way of right issues (iii) by private placements
By private placements, it means the company thru the organizer, have identified some big financial, either individual or companies who have "faith " when they subscribe to the private placements, the share price can run up to a reasonable value of 30% and above.
Most of the private placements, have been successful in on different companies, Example, private placement done by Ancom /4758 At RM 0.71 after the private placements had been done and completed, after 2 months, the price was at RM 1.10 level.
Wake up guys. Both gloves & vaccine counters are parked under healthcare sector. Look at the healthcare index then you know which direction we are going.
To :Lakshmi77 To : maggiemee To :KenKen84 To :tokkok To :Whoisthis To :stockwinner / 5 stars general
To : All loudspeakers =========================================== In short, already issue big call to lock your profits,
Pls see my 1st issuance on, early part of the morning 10.51am, 2 September 2020 / Wednesday
A lot of sitting bulls, felt that Pharmaniaga can go further from RM 5.51 , instead of selling, Keep on BUYING at RM 5.50 level. RM 5.40 level ---- ---- --- RM 5.00 level RM 4.90 level
RM 4.80 level
Can Pharmaniaga test RM 4.42? Yes
Can Pharmaniaga test RM 4.24? In share market, every thing can turn impossible to possible Especially the share prices are sliding on downwards bias.
Do not underestimate the way it behaves, more so on downwards PRESSURE
And the result is the other way, Closing RM 4.66 Minus = - RM 0.38
AM I A SPAM?
THE TRUTH IS NEVER PLEASANT, AS MENTIONED, TIME WILL TELL, HAVE WE LEARN SOME GOOD LESSONS, PAINFUL LESSONS FOR A LOT OF EXCITED INVESTORS ON PHARMANIAGA 07/09/2020 8:01 PM 08/09/2020 9:37 AM
SEE_Research Pharmaniaga /7081
To : newbies only
A. Have you exercise to lock your profits, as per issuance at 9.15am, 8 September 2020,
At that time price RM 4.67 to RM 4.69
===========================================
Technical chart Pharmaniaga Very weak
Can test RM 4.42
Can test lower band RM 4.24 08/09/2020 10:56 AM
Wt6669 hoot 08/09/2020 10:59 AM
ruhaizat69 Rm1-80 come on, 08/09/2020 11:07 AM
apolloang the collapse of bursa....hahaha 08/09/2020 11:25 AM X SEE_Research Pharmaniaga /7081 To : Loudspeakers
A. Pls do not trap the newbies and take the newbies to the slaughter house, Already, stated on the 1 st support level RM 4.42,
Is this share struggling at this level RM 4.42?
Loudspeakers KenKen84 Whoisthis
Pls do not RUN AWAY PLS ANSWER. TO THE NEWBIES HAVE A HEART, BOTH OF YOU SHOULD YOU DO NOT HAVE THE HEART, 2 PERSONS CAN SHARE TO HAVE A HEART AT LEAST, AS A HUMAN BEING
================================== =======
maggiemee We are ready 08/09/2020 12:21 PM X SEE_Research SEE_Research Pharmaniaga /7081 To : Loudspeakers
A. Pls do not trap the newbies and take the newbies to the slaughter house, Already, stated on the 1 st support level RM 4.42,
Is this share struggling at this level RM 4.42?
Loudspeakers KenKen84 Whoisthis
Pls do not RUN AWAY PLS ANSWER. TO THE NEWBIES HAVE A HEART, BOTH OF YOU SHOULD YOU DO NOT HAVE THE HEART, 2 PERSONS CAN SHARE TO HAVE A HEART AT LEAST, AS A HUMAN BEING
To : Loudspeakers (i) KenKen84 (ii) Whoisthis
=========================================== Remarks As soldiers, even foot soldiers and strong believers of Pharmaniaga Definitely, it ieadership by example, IT IS NOT HIDE UNDER THE BUSH, AS THE ONSLAUGHT ON THE PRICES, ALWAYS AS YOU MENTIONED REPEATEDLY CAN GORENG THIS SHARE TO RM 10.00, No need to RUN AWAY
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Mikaelsafarwan
35 posts
Posted by Mikaelsafarwan > 2020-09-09 15:18 | Report Abuse
Just take a chill pill. Im ready to invest in this stock. And just wait until they make comeback.