VELOCITY CAPITAL PARTNER BERHAD

KLSE (MYR): VELOCITY (7165)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.045

Trading Volume

197,700


18 people like this.

6,002 comment(s). Last comment by yongyong88 1 week ago

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-10-22 17:01 | Report Abuse

Noobles, you better cut lose.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-10-22 17:01 | Report Abuse

This counter will drop to 0.04 - 0.05 after the RI.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-10-22 17:03 | Report Abuse

Noobles, the more time you keep, the more you will lose, this is penny stock

Winer21

913 posts

Posted by Winer21 > 2021-11-08 18:10 | Report Abuse

Tomorrow fly

Icon 888

2,216 posts

Posted by Icon 888 > 2021-11-25 03:12 | Report Abuse

Tunggu 0.05

aspenvit

288 posts

Posted by aspenvit > 2021-12-08 14:33 | Report Abuse

Why rights share more expensive than the mother share?

kkh3368

12 posts

Posted by kkh3368 > 2021-12-08 17:31 | Report Abuse

detachable free warrant wor..

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-09 08:58 | Report Abuse

Aspenvit, when the right share more expensive mean this counter share price will drop to very low level soon 0.03-0.04 after complete the right share.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-09 08:58 | Report Abuse

Dun buy

cg14134

500 posts

Posted by cg14134 > 2021-12-10 00:14 | Report Abuse

Buy at 1sen, minority shareholders should then organize an EGM to sack the management.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-20 09:57 | Report Abuse

You buy you die

zzz1981

127 posts

Posted by zzz1981 > 2021-12-20 11:58 | Report Abuse

TERUK WEI ... didnt expect so low like this... bad shape now in red

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-20 14:57 | Report Abuse

After right issue will drop further to 0.02 - 0.03.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-20 14:59 | Report Abuse

I tell you all dun buy, even the rigjt share price is RM 0.15 but before ri the price may drop to much lower than 0.15 wont go up to 0.15 anymore

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-20 15:00 | Report Abuse

Trader will control the price below 0.10 before ri, after ri will press down one way ticket to 0.02-0.03 to kill your money who want to hold for long terms.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-20 15:05 | Report Abuse

Zzz1981, now still 0.09 - 0.10 consider high, will drop to 0.02 - 0.03 next year.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-20 15:06 | Report Abuse

Who hold 0.20 above, finaly will lose more than 90%.

zzz1981

127 posts

Posted by zzz1981 > 2021-12-22 08:29 | Report Abuse

damn.. loose again .. after this really learned lesson.. thought so easy to make money... now lost all in 3 counters. only... all other small gains here and there all kaput....

Posted by whistlebower99 > 2021-12-22 09:50 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR

https://www.klsescreener.com/v2/announcements/view/3477375

Date for commencement of trading of rights 22 Dec 2021
Date for cessation of trading of rights 04 Jan 2022
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 19 Jan 2022
Last date and time for :
Sale of provisional allotment of rights 03 Jan 2022 05:00 PM
Transfer of provisional allotment of rights 05 Jan 2022 04:30 PM
Acceptance and Payment 11 Jan 2022 05:00 PM
Excess share application and payment 11 Jan 2022 05:00 PM
Available/Listing Date 26 Jan 2022

https://www.klsescreener.com/v2/announcements/view/3470571

===========================
Another loss making penny stock attempting to raise fund from shareholders
Most likely subscription of rights will be under-subscribed by minority shareholders
Operators will likely pick up the excess rights shares like in pasukgb, permaju, kanger, fast, etc

=========================
Be careful with companies that raise fund from shareholders

TAYOR

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 09:54 | Report Abuse

Zzz1981, yes , you better stop play share.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 09:58 | Report Abuse

Dun buy this counter

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 09:59 | Report Abuse

Zzz1981, you must cut loss.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 10:00 | Report Abuse

Zzz1981, dun hold the penny stock for long terms, lose 10 -20% must cut loss, if not the price will continue drop make you lose 80% - 90%.

Posted by NatsukoMishima > 2021-12-22 10:04 | Report Abuse

CSH-OR super hot over 4millions volume at 0.005 sen !

aspenvit

288 posts

Posted by aspenvit > 2021-12-22 10:23 | Report Abuse

Why CSH-OR got buyers, need to pay 0.150 per right share, mother only 0.090, mother cheaper than OR, why?

Posted by whistlebower99 > 2021-12-22 12:02 | Report Abuse

Could be Operators trying to catch newbies and people who lacks knowledge on OR

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 12:27 | Report Abuse

Yes, definetely is to trap people buy OR at price 0.005, if you subcribe right share than will lose 80% - 90%, if not subcribe than will lose 100% OR money.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 12:27 | Report Abuse

Next week the price sure will drop below 0.06.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 12:28 | Report Abuse

Becareful to monitor.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 12:30 | Report Abuse

The price maybe will up a bit till around 0.10 than only press down to below 0.06.hope this not the show.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-22 13:03 | Report Abuse

Trader are expert in calculation how to make the bigest profit.

Posted by whistlebower99 > 2021-12-23 12:26 | Report Abuse

FOR NEWBIES

SOME PENNY STOCKS THAT HAD RIGHTS ISSUE IN 2021

1. FAST
Ex-Date 17 Nov 2021
RI price = 12
Current price = 8.5

2. PERMAJU
Ex-Date 03 Nov 2021
RI price = 7
Current price = 4

3. PDZ
Ex-Date 30 Sep 2021
RI price = 14
Current price = 4

4. TWL (TIGER)
Ex-Date 08 Sep 2021
RI price = 4
Current price = 5

5. KANGER
Ex-Date 27 Aug 2021
RI price = 6
Current price = 2

6. LAMBO
Ex-Date 11 Aug 2021
RI price = 10
Current price = 5

7. BCM
Ex-Date 23 Jul 2021
RI price = 8
Current price = 2.5

8. AEM
Ex-Date 19 Jul 2021
RI price = 5
Current price = 3

9. Pasukgb
Ex-Date 21 Jun 2021
RI price = 10
Current price = 2

10. SAUDEE
Ex-Date 20 May 2021
RI price = 15
Current price = 5.5

==========
Most of the RI shares were under subscribed by retail investors
A big portion of the excess rights shares were subscribed by operators

Most retail investors getting smarter not to contribute more money to directors who are good in fund raising but not in generating profits from main businesses.

=========
Trade wisely

taihai

477 posts

Posted by taihai > 2021-12-24 21:15 | Report Abuse

all penny stocks will become rubbish . 2022 50to 1 or 100 to 1 or 200 to 1??shrink

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-28 11:54 | Report Abuse

Who bought better cut loss now, if not will loss more.

Ppmaster

4,431 posts

Posted by Ppmaster > 2022-01-03 08:33 | Report Abuse

The OR after today all are toilet paper.

Posted by whistlebower99 > 2022-01-11 17:27 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR

https://www.klsescreener.com/v2/announcements/view/3477375

Ex-Date 20 Dec 2021 (COMPLETED)
Closing price = 0.09

Date for commencement of trading of rights 22 Dec 2021 (COMPLETED)
Date for cessation of trading of rights 04 Jan 2022 (COMPLETED)
Closing OR price = 0.005 seller quote
Closing stock price = 0.10

=======================
Acceptance and Payment 11 Jan 2022 05:00 PM (COMPLETED)
Excess share application and payment 11 Jan 2022 05:00 PM (COMPLETED)

Closing price = 0.11

=======================
Next important date:-

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 19 Jan 2022

Available/Listing Date 26 Jan 2022

https://www.klsescreener.com/v2/announcements/view/3470571

===========================

Wait for 19 Jan 2022 for announcement of subscription results.

Based on rights issue price of 0.15 and current market price of 0.11 :-
Most likely rights issue will be under-subscribed by retailers
Most likely operators and supporters will subscribe for excess application to boost the fund raise exercise

Stocks with recently completed RI exercises are pasukgb, permaju, kanger, fast, pdz, etc.

=========================
TAYOR

Posted by whistlebower99 > 2022-01-20 10:16 | Report Abuse

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 19 Jan 2022

On behalf of CSH, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue at 5.00 p.m. on 11 January 2022 (“Closing Date”), the Company has received valid acceptances and excess applications for a total of 691,621,406 Rights Shares, representing a subscription rate of 100.13% over the total number of Rights Shares available for subscription under the Rights Issue, resulting in an over-subscription rate of 0.13%.

The details of valid acceptances and excess applications received as at the Closing Date for the Rights Issue are as follows:

=======================

No. of Rights Shares Percentage of total Rights Shares available for subscription (%)

Total valid acceptances 227,632,206 32.95

Total valid excess applications 463,989,200 67.18

Total valid acceptances and excess applications 691,621,406 100.13

Total Rights Shares available for subscription 690,705,280 100.00

Over-subscription 916,126 0.13

=======================

The successful applicants for the Rights Shares will be given Warrants on the basis of 1 Warrant for every 1 Rights Share subscribed for.

The Rights Shares with Warrants are expected to be listed and quoted on the Main Market of Bursa Securities on 26 January 2022.

This announcement is dated 19 January 2022.
https://www.klsescreener.com/v2/announcements/view/3490185

===================
As expected, the valid acceptances is only 32.95% meaning many investors did not subscribe for the rights.
However valid excess applications is at a high of 67.18% could mean operators and friendly parties could be supporting the fund raising exercise.

Subscription trend is comparable to other penny stocks like pasukgb, lambo, pdz, fast, kanger, permaju, etc

================
TAYOR

Posted by whistlebower99 > 2022-01-20 22:08 | Report Abuse

The Board of Directors of MMAG (“Board”) wishes to announce that the Company had on 20 January 2022 subscribed 35,000,000 new ordinary shares in CSH on the basis of 1 rights share for every 1 existing CSH Shares held of its entitled rights shares (“Entitled Shares”) and 159,500,000 excess shares (“Excess Shares”) of CSH at an issue price of RM0.15 each for a total cash consideration of RM29,175,000 (“Consideration”) (“Subscription”) arising from the rights issue with warrants of CSH (“Rights Issue with Warrants”). The total new ordinary shares subscribed by MMAG is 194,500,000 new ordinary shares in CSH (“Rights Shares”) together with 194,500,000 free detachable warrants (“Warrants”) on the basis of 1 Warrant for every 1 Rights Share subscribed.
Please refer to attachment for further details of the announcement.
This announcement is dated 20 January 2022.

=========

Penny stock helping another penny stock to ensure success of fund raising exercise

Posted by whistlebower99 > 2022-01-26 12:06 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR

https://www.klsescreener.com/v2/announcements/view/3477375

Ex-Date 20 Dec 2021 (COMPLETED)
Closing price = 0.09

Date for commencement of trading of rights 22 Dec 2021 (COMPLETED)
Date for cessation of trading of rights 04 Jan 2022 (COMPLETED)
Closing OR price = 0.005 seller quote
Closing stock price = 0.10

=======================
Acceptance and Payment 11 Jan 2022 05:00 PM (COMPLETED)
Excess share application and payment 11 Jan 2022 05:00 PM (COMPLETED)

Closing price = 0.11

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 19 Jan 2022 (COMPLETED)

===========================
Closing price on 25 Jan = 0.105

Available/Listing Date 26 Jan 2022 (COMPLETED)

Today listing for RI shares and new warrant WB

===========================
NOSH = 1,381,410,560

WB = 690,705,280
Maturity 2027-01-19
Strike value 0.1500

==================
RI price = 0.15
Current market price = 0.115

Current WB price = 0.075

Many other stocks with similar RI exercise have seen stock price dipped below RI price.
Fast, Pasukgb, permaju, kanger, fast, pdz, etc.

=========================
TAYOR

zzz1981

127 posts

Posted by zzz1981 > 2022-02-22 08:44 | Report Abuse

no action nowdays...so dull

Posted by whistlebower99 > 2022-02-25 16:04 | Report Abuse

RIGHTS ISSUE SUBSCRIPTION

Total valid acceptances 227,632,206 32.95

Total valid excess applications 463,989,200 67.18

Rights shares mostly held by substantial shareholders

==========================

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
CSH ALLIANCE BERHAD

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD
Subscription of new shares via Rights Issue
Direct (units) 229,500,000
Direct (%) 16.613
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 229,500,000
Date of notice 20 Jan 2022


===========================
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
CSH ALLIANCE BERHAD

Particulars of substantial Securities Holder
Name CHIPSENG HENG HOLDINGS SDN. BHD.
Subscription of Rights Issue with Warrants
Nature of interest Direct Interest
Direct (units) 168,174,000
Direct (%) 12.174
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 168,174,000
Date of notice 20 Jan 2022

==========================
Multi-year loss making company

https://www.klsescreener.com/v2/stocks/view/7165/csh-alliance-berhad

==========================
Operators could be disposing rights shares to the market to release fund tied up in the rights subscription.

=======================
TAYOR

Posted by whistlebower99 > 2022-02-25 16:57 | Report Abuse

FOR NEWBIES

NOSH = 1,381,410,560

WB = 690,705,280
Maturity 2027-01-19
Strike value 0.1500

====================
Substantial shareholders and big rights subscribers have lots of free WB from the rights issue.

The foc WB might be gradually released to market retailers to cover their cost of rights subscription.

TAYOR

Posted by wallstreetrookie > 2022-02-28 12:02 | Report Abuse

CSH Alliance Berhad: Micro-cap stock to watch in 2022

Posted by wallstreetrookie > 2022-02-28 12:04 | Report Abuse

Every company is a good investment. It only depends on what price you buy in at. This is a good price regardless

Posted by wallstreetrookie > 2022-02-28 12:06 | Report Abuse

Buy now or regret later

Posted by whistlebower99 > 2022-03-01 16:24 | Report Abuse

FOR NEWBIES

NOSH = 1,381,410,560

WB = 690,705,280
Maturity 2027-01-19
Strike value 0.1500

=======================
Now, CSH is trading at 13 and CSH-WB at 14

WB price higher than mother price !!!!

Operator showing power to goreng WB, not afraid of investigation by SC

Trade wisely, don't be caught at high price

Posted by wallstreetrookie > 2022-03-01 18:45 | Report Abuse

You are the definition of dumb money. Right issue above market price. How much did you lose in penny stocks show us your portfolio @whistlebower99

Posted by wallstreetrookie > 2022-03-07 18:23 | Report Abuse

CSH Alliance Berhad raised to Trading Buy

With a price target of RM0.50

Posted by wallstreetrookie > 2022-03-07 18:25 | Report Abuse

Pumping warrants is not illegal @whistlebower99
As long as you don't insider trade/illegal corporate exercise, Securities Commission cannot prosecute you.

Posted by whistlebower99 > 2022-03-09 10:45 | Report Abuse

FOR NEWBIES

CSH ALLIANCE FORMERLY KNOWN AS KTG BERHAD
Name changed from KTG to CSH.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3197047

=============
Year after year since 2005, NO profit to show.
Total annual losses (2005 - 2021) exceeded 100 million

https://www.klsescreener.com/v2/stocks/view/7165/csh-alliance-berhad

===============
RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH") ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE")

CASH RAISED FROM RECENT RIGHTS ISSUE = 690,705,280 x 0.15 = RM103,605,792

================
NOSH = 1,381,410,560

WB = 690,705,280
Maturity 2027-01-19
Strike value 0.1500

================
MONITOR :-
DIRECTORS UTILISATION OF COMPANY FUND
DIRECTORS PLAN TO RAISE MORE FUND VIA SHARES ISSUANCE
QUARTERLY REPORT

================
TAYOR

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