LOOK AT THE TECHNICAL CHART FROM PAST YEARS AND YOU WOULD FEEL IT WILL HEAD TO PN17 AND DISAPPEAR FROM THE SROCK EXCHANGE! MAYBE INCLUDING ANOTHER NAME CHANGE BEFORE THAT. RETAILERS WILL LOSE ALL THEIR MONEY BUT DIRECTORS WILL STILL BE RICH!
Investors and shareholders need to closely monitor the company fund raised by directors via shares issuance to PP, RI, ESOS, asset disposal, etc
Main business sold, now directors might look for new businesses to make use of the company fund and raise more fund if not enough
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
================= Directors will be happy to look for new business to utilise the company fund raised from RI and business disposal
When company fund depleted, directors can easily raise more fund via shares issuance to PP, ESOS, RI or issue more shares to acquire new business or asset.
When NOSH reach multi BILLION shares, directors can propose share consolidation and followed by RI to raise more company fund.
Maybe directors can change company name again. May be change back to KTG, Spring Gallery or App Industries
PASUKGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 24 February 2023.
=================== 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
Long term shareholders holding at high prices will incur huge losses due to the corporate exercises
List of penny stocks with shares consolidation :-
2023 in progress - VSOLAR, DOLPHIN, EDUSPEC, TECHNAX, PASUKGB
WOW! FROM P&D HIGHEST PRICE RM2 IN 2019 NOW BELOW 0.05 AND HEADING TO MY PREDICTION OF 0.01 !!! EVEN WITH RIGHTS ISSUE OF 0.15 LAST YEAR! WOW! WOW! WOW! APPLAUSE TO MANAGEMENT AND DIRECTORS! WHAT'S NEXT? SHARE CONSOLIDATION? ANOTHER RIGHTS ISSURE? SOME MORE BS MOU? WHAT ARE THEY PLANNING TO SQUEEZE MORE MONEY FROM NEWBIES AND SHAREHOLDERS????? MAKE COMPANY PROFITABLE??? IMPOSSIBLE DREAM! 20 QTRS LOSSES AND NO VIABLE BUSINESS IN SIGHT.
Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. Show 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. Maybe change company name to 'hide' the past from new investors 7. Repeat step 1 to 6
MMAG is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 18 May 2023
=================== 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
Long term shareholders holding at high prices will incur huge losses from share consolidation
CSH ALLIANCE BERHAD ("CSH" OR "THE COMPANY" OR "THE PURCHASER") AND ITS SUBSIDIARIES ("CSH GROUP" OR "THE GROUP") - SHARES SALE AGREEMENT
The Board of Directors of CSH wishes to announce that the Company had on 27 June 2023 entered into a Shares Sale Agreement ("SSA") with Dato' Seri Teoh Hai Hin ("the Vendor"), to undertake the proposed acquisition of 250,000 ordinary shares in Hong Seng Frontier Sdn. Bhd. ("HSF"), representing the entire issued share capital in HSF, from the Vendor for a total cash purchase consideration of RM45.25 million, subject to the terms and conditions as stipulated in the SSA.
Please refer to the attached for further details. This announcement is dated 27 June 2023. Please refer attachment below.
=================== Directors utilising company fund (from rights issue fund raising) to purchase property located in Sg Petani, Kedah
===================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Kindly be advised that the aforesaid Company has changed its name to VELOCITY CAPITAL PARTNER BERHAD. As such, the Company’s securities will be traded and quoted under the new name with effect from 9.00 a.m., Thursday, 28 December 2023 as follows:
=============== Also formerly known as KTG BERHAD, DWL RESOURCES BERHAD, SPRING GALLERY BERHAD, PFCE BERHAD, APP INDUSTRIES BERHAD
=============== Thing remain unchanged - Multi year loss making company - Run by Fund raising company directors specialised in shares issuance to PP, ESOS, RI....
FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 31 Jan 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
Long term shareholders holding at high prices will incur huge losses from share consolidation
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....
yongyong88
343 posts
Posted by yongyong88 > 2023-02-14 11:47 | Report Abuse
ROAD TO PERDITION!