If I wanna skip paying taxes, I'll put private placement in the company, then use the company give project to contractors using my friends and family names. Then contractor companies you can put in the costs, opex, etc and "salary" and skip paying taxes.
If a company quarter after quarter red report card, then raise money via private placements, bonds, bonus issuance, etc... all these are red flags la. 10 years of red card with a couple green in between is not sustainable. Does it even make sense for people to continue private placement with a company that does not pay any dividend for the past 10 years? I don't say they're doing what I mention above, but that is the first thing that comes to mind la. The cash in the company was not sustainably generated, rather it's obtained through non-business ways....
many here who bought at above RM2 were deceived by the sweet talking of the company"s report bla bla bla .... now have to face this state of affairs n still thinking a dead fish can come to life. Until last friday the company was still sweet talking bla bla bla
wow seriously, kpower consumes a lot of tongkat ali last year before finally succumb to it. 10 years average only 10 cents plus and last year was totally insane.
No one believe that it will drop below 0.20. Look at London Biscuit. Financial was healthy but it's fake, then default on loan and dropped from 0.65 to 0.01 within a year and then delisted.
Bursa warning sd must appoint international well known accounting firm for independant review by this friday but never mentioned what are the consequences if fail to obey it !
I think maybe will be suspended on monday if really no auditor willing to bag the shit job ! Another LD coming soon !
Meanwhile, in separate filings today, Serba Dinamik notified that its co-founder Datuk Awang Daud Awang Putera and substantial shareholder Employees Provident Fund (EPF) had disposed of more shares of the group in the open market. Awang Daud, who is also the group's non-independent and non-executive director, sold eight million shares in the open market on June 25, reducing his stake to 52.39 million shares or 1.41%. Meanwhile, EPF disposed of 2.04 million shares in Serba Dinamik on June 23. This further trimmed the fund's stake in the group to 281.08 million shares or 7.58%.
gonna bungkus already, the sign very clear.. majopr shareholders dumping their FREE warrant stock to get easy money, confirm become toilet paper at the expiry date. Ka1im already enjor huge profits by selling at the top, higher price above 60 - 90 cents., .. compre the otrhers only got 25 cents..sian.
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....
fortunefire
1,522 posts
Posted by fortunefire > 2021-06-28 14:51 | Report Abuse
margin call. sell your shares b4 it is too late!