In fact , this 2024 Q1 financial result is better than Q4 2023 financial result. If you refer to B2 section comparison between Q1 2024 & previous Q4 2023 financial result. B2. Material Changes in Loss Before Taxation in Comparison to the Previous Quarter Revenue for the current quarter under review was RM9.141 million as compared to RM0.703 million for the preceding quarter. The Group reported a loss before tax of RM0.155 million as compared to a loss before tax of RM4.012 million for the preceding quarter. This was due to increase of revenue RM 8.438 million, increase of other operating income of RM 0.908 million and lower operating expenses of RM 0.904 million compare with previous quarter
Advise to all the Ikan bills. Don’t be trapped. The syndicate purposely push up the warrants and push down the mother shares is to attract all the retailers to go in. Thinking mother shares will be pushed up. It is a gimmick. After that the syndicate will propose rights issues. Force you all to subscribe. They hv been using this tactics again and again. Be careful
You can see, the syndicate will push mother shares lower than warrants to attract ignorance retailers to buy mother shares. Later will declare 1 mother share to 6 rights issue with free warrant. Rights might be 4-5 sen. Make you think worth to subscribe. After subscribing, will push further down to 2 cts. Force you all to sell and squeeze until you dry up. Then push up again. They will repeat the same game over and over again
As what I said earlier, the syndicate will slowly pushing down the mother shares and pushing up warrants to attract you all to buy mother shares.Once you have been trapped by mother shares at high prices, they will have another round of right issues. You are forced to subscribe or else, will be in big loss. No hope for warrants now. They will press the price down until it expires.I might be wrong. This is their normal practice.
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CyrusQ
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Posted by CyrusQ > 2023-10-05 17:08 | Report Abuse
https://www.youtube.com/watch?v=vxp62LfYVb4