BYD official launching in Malaysia 9 December 2022. Let's see the market acceptance level from Sime Darby Motor. That would give a benchmark to gauge if CSH is able to distribute BYD commercial electric van here.
this csh no profit one. Insiders get rich by rewarding themselves shares. Get funds from rights issue, shares placement. look at their history. price go up by p&d. from rm1+ through p&d, drop to 0.60 level, 0.40 level, 0.30, 0.10 and now 0.05 level. Soon 0.02 level. then maybe capital reduction to push price at higher value n the cycle continues while the company bleeds annually. let's see they can improve with this BYD hype! Remember the venture into glove during the pandemic?
with this new hype u can see so many newbies having dreams of it going 0.20. 0.30 and higher. probably they believe the hype and already bought a lot. just my personal opinion.
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")
==================== Rights issue subscribers who did not cut loss, still waiting to break even Operators are "smarter people" who might release their warrants to market Warrant price have been maintained above mother price for long time !!!
drama ... only.... next week.. back to square one 5 sen... some group just creating opportunity to dump thier holdings to newbies.... they bought at 3.5 sen and averaged down to 6 sen now selling to fools at 7 sen.....
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. Repeat step 1 to 5
Leedavid, do you where does the money gone to as they are so many conversations at o. 60 per shares? The share price is only 0.065 per share. All the money went into whose pocket?
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
I would said this is a scam counter. The board of directors should know that it will need plenty of money to involve in ev project but go forward to announce that they got licence to set up facilities to do ev project to trap investors
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....
Siang9282
309 posts
Posted by Siang9282 > 2022-11-29 09:42 | Report Abuse
So no one lost votes?