================ Be careful trading high NOSH low price penny stocks
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
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
The Board of Directors of JOE (“Board”) wishes to announce that JOE Holding (M) Investment Limited (“JOE Limited”), a wholly-owned subsidiary of the Company had on 27 May 2022 acquired a total of 150,000,000 ordinary shares in Bioalpha Holdings Berhad (“Bioalpha”) for a total purchase consideration of RM45,000,000 fully satisfied by cash which representing 12.40% of the existing total number of issued shares in Bioalpha via off market transaction from Mr Hon Tian Kok @ William and WH Capital Sdn Bhd (“the Acquisition”).
Please refer to the attachment for further details. This announcement is dated 30 May 2022.
================= Directors utilise company fund to purchase stock from BIOHLDG director at 30sen per share when market price is 14.5sen !!!
Seller laughing all the way to the bank.
================= JOE can expect more losses in next quarterly financial report if BIOHLDG share price remains below 30sen.
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
OTHERS BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR "THE COMPANY") PRESS RELEASE ENTITLED : BIOALPHA HOLDINGS BERHAD FORMALISED A JOINT VENTURE WITH SHANGHAI LISTED SUZHOU MEDICALSYSTEMS TECHNOLOGY CO LTD., TO MAKE INROADS INTO SUPPLYING ITS HOMEGROWN HEALTH SUPPLEMENT PRODUCTS INTO VORACIOUS CHINESE MARKET
7096 JOE JOE HOLDING BERHAD TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) (Amended) TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) JOE HOLDING BERHAD ("JOE" OR "THE COMPANY")- ACQUISITION OF QUOTED SECURITIES IN BIOALPHA HOLDINGS BERHAD BY JOE HOLDING (M) INVESTMENT LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== Be careful trading high NOSH low price penny stocks
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
JOE HOLDINGS investment in other penny stocks carrying huge paper losses
BIOALPHA HOLDINGS BERHAD Particulars of Substantial Securities Holder Name JOE HOLDING BERHAD Indirect/deemed interest (units) 150,000,000 Indirect/deemed interest (%) 12.4 Date of notice 30 May 2022
Purchase @0.30 via direct business deal, when the market price was around 0.15 =====================
PNE PCB BERHAD
Particulars of substantial Securities Holder Name JOE HOLDING BERHAD (F.K.A. GPA HOLDINGS BERHAD) Indirect/deemed interest (units) 160,618,900 Indirect/deemed interest (%) 28.654 Date of notice 19 Nov 2021
==================== PASUKHAS GROUP BERHAD
Particulars of substantial Securities Holder Name JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) Indirect/deemed interest (units) 260,310,000 Indirect/deemed interest (%) 22.491 Date of notice 14 Oct 2021
==================== Bad decision by directors utilising company fund to invest in loss making penny stocks When company fund runs low, directors likely to do fund raising via share issuance to PP, ESOS or RI
=============== Be careful trading high NOSH low price loss making penny stocks
The Board of Directors (“Board”) of JOE wishes to announce that JOE Glove Sdn Bhd (“JOE Glove”), the wholly-owned subsidiary of the Company had on 3 August 2022 entered into a sale and purchase agreement (“SPA”) with FINTEC Glove Sdn Bhd (“FINTEC Glove”) for the proposed purchase of two (2) NBR/NR Powder Free Double Former Dipping Lines (“Machineries”) from Fintec Glove for a total contract price of Ringgit Malaysia Fourteen Million Four Hundred and Seventy Thousand (RM14,470,000) (“Contract Price”) only by cash subject to the terms and conditions in the SPA (“Proposed Acquisition”).
========= Directors utilizing company fund to purchase asset from another penny stock company.
========== When company fund runs low, expect directors to raise more funds via shares issuance to PP, ESOS or RI
MNC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 29 August 2022.
=================== Be careful trading high NOSH low price penny stocks
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
List of penny stocks with shares consolidation :-
2022 in progress - MNC, MERIDIAN, LKL, IMPIANA, FAST, VSOLAR
Rugi teruk dalam manipulasi penny stok milik related parties kan???
Quarterly rpt on consolidated results for the financial period ended 30 Jun 2022 JOE HOLDING BERHAD
Financial Year End 31 Mar 2023 Quarter 1 Qtr Quarterly report for the financial period ended 30 Jun 2022 The figures have not been audited Attachments JOE Holding-Q1 2023.pdf 386.7 kB Default CurrencyOther Currency Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2022
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Jun 2022 30 Jun 2021 30 Jun 2022 30 Jun 2021 $$'000 $$'000 $$'000 $$'000 1 Revenue 5,871 4,934 5,871 4,934 2 Profit/(loss) before tax -28,678 6,644 -28,678 6,644 3 Profit/(loss) for the period -28,678 6,644 -28,678 6,644 4 Profit/(loss) attributable to ordinary equity holders of the parent -28,765 6,630 -28,765 6,630 5 Basic earnings/(loss) per share (Subunit) -0.94 0.35 -0.94 0.35 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 0.0600 0.0700
Definition of Subunit: In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit. Example for the subunit as follows:
Country Base Unit Subunit Malaysia Ringgit Sen United States Dollar Cent United Kingdom Pound Pence
Announcement Info Company Name JOE HOLDING BERHAD Stock Name JOE Date Announced 30 Aug 2022 Category Financial Results Reference Number FRA-30082022-00042
NEXGRAM is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 14 September 2022.
=================== Be careful trading high NOSH low price penny stocks
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
=============== More than 4.5 BILLION shares and warrants combined Very heavy for a loss making penny stock
=============== Multi year loss making penny stock Directors utilising company funds for investment in other penny stocks, incurring losses and paper losses Directors continue to receive payments
============== Be careful of low price high NOSH penny stocks
Directors unable to bring in profits from businesses Multi quarter losses, Multi year losses Directors continue to receive payment
=================== To approve and ratify the additional payment of Directors' fees amounting to RM230,000 which was in excess of the earlier approved amount of RM364,000 from 22nd AGM up to the conclusion of the 23rd AGM.
=================== To approve the payment of Directors' fees amounting to RM792,000 to the Directors of the Company from 23rd AGM up to the conclusion of the Twenty-fourth Annual General Meeting ("24th AGM").
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
4,867 posts
Posted by whistlebower99 > 2022-06-14 16:36 | Report Abuse
Waiting to see if Mr Hon can find another buyer like JOE Holding subsidiary paying 30sen when market price is 15sen.
Time will tell if buyer is smart, generous or silly