WB = 690,705,280 Maturity 2027-01-19 Strike value 0.1500
==================== Company keep losing money Multi quarter, multi year loss making penny stock Losses for 10 years in a row Losses in 17 out of last 18 years
Directors continue to receive remuneration and payment
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Dont buy now la sisters and brothers, same operator team like to trap people, run for your life dont get scammed by the FAKE VOLUME created by banker bots
Right hand selling Left hand, buying here and there, dont understand why you guys think the volume is real. Seeing [[[top volume]]] then chase in is really not a wise move
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
Substantial shareholders of CSH via subscription of rights issue with warrants
1. Name CHIPSENG HENG HOLDINGS SDN. BHD. (company related to director MR TAN YIP JIUN) 20 Jan 2022 84,087,000 Subscription of Rights Issue with Warrants Direct (units) 168,174,000 Direct (%) 12.174 Date of notice 20 Jan 2022 Estimated free WB = 84,087,000
===================== 2. Name MMAG HOLDINGS BERHAD 20 Jan 2022 194,500,000 Subscription of new shares via Rights Issue Direct (units) 229,500,000 Direct (%) 16.613 Date of notice 20 Jan 2022 Estimated free WB = 194,500,000
================ Total WB listed = 690,705,280
Substantial shareholders probably holding about 278,587,000 WB (40.33%) Operators & supporter of excess rights shares, could be holding about 25% of the WB based on the subscription via excess application
Total valid acceptances 227,632,206 32.95
Total valid excess applications 463,989,200 67.18
Total Rights Shares available for subscription 690,705,280 100.00
=========================== Be careful of the release of free WB into open market
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....
Icon 888
2,215 posts
Posted by Icon 888 > 2022-06-27 14:52 |
Post removed.Why?