Can today hit 0085~0090?as long as the. DIRECTORS no hankypanky one more time. They pushed down to 0045 and now up to 0080..how many Millions Untung in few weeks time.. Let's see. Another 2 weeks
Ta Win Holdings Bhd’s managing director Datuk Seri Ngu Tieng Ung has emerged as Khee San Bhd’s largest substantial shareholder. This came after Khee San director Datuk Mohamad Razali Mohamad Rahim ceased to be the candy maker’s major shareholder on Thursday, having offloaded all 22.8 million shares, or a 16.667% stake, by way of a direct business transaction at 13 sen apiece, or RM2.97 million in total. Ngu bought that block of shares through Timur Enterprise Sdn Bhd, raising his stake in Khee San to 16.754%. This makes Ngu the single largest shareholder of Khee San, while founder of security seal manufacturer Mega Fortris Malaysia Sdn Bhd, Datuk Dr Ng Meng Kee, holds a 12.42% stake.
=============== Will KheeSan become another high NOSH penny stock like TA WIN via share issuance to RI, PP, ESOS and asset acquisition from friendly parties?
Bursa must catch the Director and query him Kawkaw.. Everytime the shares go up abit.. But went down like waterfall.. Even today the warrants also sink..
Tawin has been making losses after losses, half a billion turnover but losses and losses every quarter. Two rights issues, bank balance reducing but bank loan not reducing. We got to be very careful of Yeo and Ngu, both are highly suspicious figures. The cost of sales of the company is where ghost is. The external auditor of the company must be removed.
It's the background of Yeo and Ngu that's worrying. Asiapoly, tawin and dolphin...... all got the same characteristics ie. big sales, big plans, cash at bank reducing every quarter. Embezzlement CANNOT BE RULED OUT AT ALL !!! COST OF SALES IS WHERE THE GHOST HIDES !
Directors can continue to raise more fund via shares issuance to PP and ESOS Loyal long shareholders can continue to see their shareholding equity % reduced with more share issuance
Actually Ta Win has very good prospect, as their Irridiated Copper Cables c.an last longer and stand higher heat for use in EV. Heavy expenses for Cyprium Tech, to get certification. Once their Cables certified, price should go up. Cannot understand why price keeps going down, can be due to Private Placement and ESOS at lower market price to Directors and those having it selling to take profit. Anyway punting at 1 sen not much to lose for their Warrant.
One day directors will say price too low and difficult to push up coz of high NOSH and because of this, they will propose to consolidate the shares. After shares consolidation, they might start to raise more fund via share issuance to PP, ESOS, rights issue again. Company can continue to lose money but they are proud to maintain strong company fund from the fund raising.
Tawin 0050~0055 today hit 0060..come on.. 0080 shld be no problem for u. TawinWB 0010..at least fly to 0030..then Investors only got.confidence.. Don't always PP or get profits for Directors only..
Similarly, POSCO Holdings is planning to develop a carbon capture storage project and further expand its steel processing plant in Malaysia to support new business segments such as EV, batteries, and green energy.
"On behalf of the Board, TA Securities wishes to announce that the approval from Bursa Securities for the extension of time until 16 March 2023 to complete the Private Placement will lapse after today. Thus far, none of the Placement Shares has been placed out. The Company was not able to place out the Placement Shares under the Private Placement and hence, the Private Placement is deemed completed today.
This announcement is dated 16 March 2023." ===============================
TA WIN HOLDINGS BERHAD ("TA WIN" OR "COMPANY") - PROPOSED ACQUISITION OF 705,892 ORDINARY SHARES IN CYPRIUM WIRE TECHNOLOGY SDN BHD ("CWT"), REPRESENTING 15% OF THE TOTAL ISSUED SHARE CAPITAL OF CWT, FROM ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR "VENDOR") FOR A CASH CONSIDERATION OF RM12,000,000.00 ("PROPOSED ACQUISITION")
The Board of Directors of Ta Win wishes to announce that Cyprium Capital Sdn. Bhd., a wholly-owned subsidiary of the Company had on 23 March 2023 entered into a Sale Share Agreement with Asia Poly to acquire a total of 705,892 ordinary shares in CWT, representing 15% equity interest in CWT for a purchase consideration of RM12,000,000.00.
The Proposed Acquisition is deemed as a related-party transaction pursuant to Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Please refer to the attachment for further details of the Proposed Acquisition
================ Directors continue to spend money from company fund Time to show some positive results from business operations
=============== 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....
OrlandoOilSemiconIoT
4,915 posts
Posted by OrlandoOilSemiconIoT > 2023-02-07 14:43 | Report Abuse
Trend kinda clear
Momentum kinda strong
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