Posted by whistlebower99 > 2023-03-23 12:25 | Report Abuse

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,862,402,877 NEW ORDINARY SHARES IN FITTERS DIVERSIFIED BERHAD ("FITTERS" OR THE "COMPANY") ("FITTERS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 1,241,601,918 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 17 MARCH 2023

============
Date for commencement of trading of rights 20 Mar 2023
Date for cessation of trading of rights 27 Mar 2023

FITTERS-OR trading at 0.005 seller price
Could be similar to recent rights issue exercise by BSLCORP whereby most retail shareholders are not willing to fork out more money to subscribe for the rights shares

Proxies and friendly penny stock companies might come in to support the fund raising by using company fund to subscribe for the excess rights shares

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

Posted by DickyMe > 2023-03-23 12:32 |

Post removed.Why?

Posted by speakup > 2023-03-23 12:49 | Report Abuse

Long time ago remember was 70¢

Posted by Moneyking543 > 2023-03-23 13:30 | Report Abuse

now become low grade goreng stock

Posted by Loh Kok Wai W > 2023-03-23 15:22 | Report Abuse

CFM bring Fitters to....Holland Road...hahaha...

Posted by nicholas99 > 2023-03-23 15:27 | Report Abuse

run. boh chao si.

Posted by fl888 > 2023-03-23 20:39 | Report Abuse

In less than 2 weeks, Fitters lost nearly more than RM33 million in CFM & BSL…..nearly half of the RI issues…

Posted by fl888 > 2023-03-24 15:47 | Report Abuse

How come Fitters not down in spite of loosing so much in CFM

Posted by winston1 > 2023-03-24 23:44 | Report Abuse

Should cross 9 sen next week.

Posted by TCH1186 > 2023-03-27 14:42 | Report Abuse

close 10c i go. if not sure will ding dong like ping pong show.

Posted by lee77 > 2023-03-27 15:52 | Report Abuse

Loss a lot in CFM warrant and mother.....

Posted by whistlebower99 > 2023-03-28 11:34 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,862,402,877 NEW ORDINARY SHARES IN FITTERS DIVERSIFIED BERHAD ("FITTERS" OR THE "COMPANY") ("FITTERS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 1,241,601,918 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 17 MARCH 2023

Ex-Date 16 Mar 2023
Entitlement date 17 Mar 2023

BE INFORMED that any new purchases from 16 March onward will not be entitled to subscribe for the rights shares at 0.065

================
Date for commencement of trading of rights 20 Mar 2023
Date for cessation of trading of rights 27 Mar 2023

=================
PAY ATTENTION TO NEXT IMPORTANT DATES :-

Acceptance and Payment 03 Apr 2023 05:00 PM
Excess share application and payment 03 Apr 2023 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Apr 2023

Available/Listing Date 17 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3333632

============
NOSH will increase by a maximum of 1,862,402,877 rights shares to 2,483,203,836 shares
A maximum of 1,241,601,918 of new warrants will be available upon completion of RI

=============
Multi BILLION shares and warrants !!!

Current price likely to drop lower based on other similar high NOSH loss making penny stocks unless directors are able to generate good profits from business operations


TAYOR

Posted by cmcSandy026 > 2023-03-28 15:25 | Report Abuse

anyone have any ideal how to apply online? just call the sectrars management can't log into their website given using Chrome by phone

Posted by cmcSandy026 > 2023-03-28 15:26 | Report Abuse

I need their website,can someone enlighten me?

Posted by fruitcake > 2023-03-30 12:23 | Report Abuse

ghosts will subscribe fitters rights

Posted by nicholas99 > 2023-03-30 12:28 | Report Abuse

fitters buy cfm when it is going down the drain. its daylight robbery.

Posted by 8SMSlai > 2023-03-30 12:44 | Report Abuse

Hopefully the relevant government agencies [eg Companies Commission of Msia, AGC] review the applicable laws and make the law more robust to support meaningful business growth and prevents key shareholders, directors from manipulating the companies' operations, which may not contribute positively to the economic development in Malaysia.

Posted by sunsetbiz > 2023-03-30 14:26 | Report Abuse

legally trf all money to others in high price shares lol...... :)

Posted by nicholas99 > 2023-03-30 14:33 | Report Abuse

fitters shareholders are water fish.

Posted by whistlebower99 > 2023-04-04 11:08 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,862,402,877 NEW ORDINARY SHARES IN FITTERS DIVERSIFIED BERHAD ("FITTERS" OR THE "COMPANY") ("FITTERS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 1,241,601,918 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 17 MARCH 2023

Ex-Date 16 Mar 2023
Entitlement date 17 Mar 2023

BE INFORMED that any new purchases from 16 March onward will not be entitled to subscribe for the rights shares at 0.065

Date for commencement of trading of rights 20 Mar 2023
Date for cessation of trading of rights 27 Mar 2023

Acceptance and Payment 03 Apr 2023 05:00 PM
Excess share application and payment 03 Apr 2023 05:00 PM

=================
PAY ATTENTION TO NEXT IMPORTANT DATES :-

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Apr 2023

Available/Listing Date 17 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3333632

============
NOSH will increase by a maximum of 1,862,402,877 rights shares to 2,483,203,836 shares
A maximum of 1,241,601,918 of new warrants will be available upon completion of RI

=============
Multi BILLION shares and warrants upon completion of rights issue!!!

Current price likely to drop lower based on other similar high NOSH loss making penny stocks unless directors are able to generate good profits from business operations

Will the price dropped below the rights issue price?
Are operators and friendly parties capable of supporting it and for how long?

TAYOR

Posted by whistlebower99 > 2023-04-05 11:09 | Report Abuse

FOR NEWBIES

On Listing Date 17 Apr 2023,

Estimated NOSH = 2,483,203,836
Estimated Warrant = 1,241,601,918

==================
Heavy mother and son.
Low EPS, if any
Not easy for share and warrant price to go high unless directors can generate excellent profits from business operations

Be ware that share price could dip below rights issue price of 0.065 as operators and friendly parties might dispose their massive rights shares to market

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

Posted by AlfI3 > 2023-04-06 19:48 | Report Abuse

Possibly its mother will drop lower to 0.04, as it comes w 2 free warrants for every 3 RIs

Posted by whistlebower99 > 2023-04-10 11:37 | Report Abuse

FOR NEWBIES

At end of today 10 April will be the announcement of the rights subscription result

Operators, Cindy & Kate could be pushing up to release their shares before the listing date on 17 April 2023

On 17 April, is the listing of additional 1,862,402,877 rights shares (maximum scenario) together with a maximum of 1,241,601,918 of new warrants.

===============
TAYOR, set realistic targets, don't be caught at high share and warrant price

Posted by sunsetbiz > 2023-04-10 14:43 | Report Abuse

same tricks use for hundreds time also people believe it..... :)

Posted by Icon 888 > 2023-04-10 17:14 | Report Abuse

Why got PPl Buy today? Pity ..

Posted by Icon 888 > 2023-04-10 17:15 | Report Abuse

Right issue 0.065.. price definately Below tis 17/4

Posted by whistlebower99 > 2023-04-10 21:52 | Report Abuse

FOR NEWBIES

RESULT OF RIGHTS SUBSCRIPTION

On behalf of the Board, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 3 April 2023, the Company had received valid acceptances and excess applications for a total of 1,733,308,505 Rights Shares, representing a subscription rate of 95.03% over the total number of Rights Shares available for subscription under the Rights Issue with Warrants.

Details of such valid acceptances and excess applications received are as follows:

...........................................................No. of Rights Shares............% of total issue
Total valid acceptances 607,513,648 33.31
Total valid excess applications 1,125,794,857 61.72
Total valid acceptances and excess applications 1,733,308,505 95.03
Total Rights Shares available for subscription 1,823,949,933 100.00
Not subscribed for 90,641,428 4.97

Successful applicants of the Rights Shares will be given Warrants on the basis of 2 Warrants for every 3 Rights Shares successfully subscribed for.

This announcement is dated 10 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3343049

======================
Rights application only 33.31%, could mean many retail investors not subscribing
Excess application is high at 61.72, could be subscribed by friendly parties, proxies, operators and other penny stocks company

===================
Similar scenario with recent penny stocks fund raising exercise via rights issue

==================
Be alert of possible frying of share price by major rights subscribers for quick profits

Eventually the share price will likely dropped below rights issue price 0.065 when major rights subscribers have released most of their shares to market

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

Posted by Harimaukecik > 2023-04-11 17:40 | Report Abuse

dun think this will goreng above the right issue price this week, may be after 17/4?

Posted by Lee Ying Yee > 2023-04-14 21:12 | Report Abuse

rubbish stock ????

Posted by Winer21 > 2023-04-15 18:47 | Report Abuse

Lee Ying yes absolutely right

Posted by whistlebower99 > 2023-04-17 09:54 | Report Abuse

FOR NEWBIES

17 Apr 2023, today listing date for rights shares and new warrant

NOSH = 2,483,203,836
WC = 1,155,538,938
Maturity 2026-04-10
Strike value 0.0700

==================
Heavy mother and son.

Be careful not to be caught holding stock or warrant at high price due to the high NOSH
Not easy for operator to support the high price unless directors are able to generate consistent profits from business operations

Share price trading below rights issue price of 0.065
Operators and friendly parties might continue to dispose their massive rights shares together with their warrants to recoup their fund used in the rights subscription

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

Posted by whistlebower99 > 2023-04-19 11:18 | Report Abuse

FOR NEWBIES

Particulars of Substantial Securities Holder
Name CITA REALITI SDN BHD

Date interest acquired 17 Apr 2023
No of securities 200,000,003
Subscription of right shares and excess rights shares pursuant to Rights Issue with Warrants

Total no of securities after change
Direct (units) 266,953,004
Direct (%) 11.4
Date of notice 18 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3345272

===================
Take note of the name of new substantial shareholder

Penny stocks traded by CITA REALITI include computer form, sanichi, metronic, bslcorp, etc

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

================
Penny stock taiko ???

Posted by kutipkutip > 2023-04-19 16:01 | Report Abuse

fitters-wc @ 0.015 , tahun depan billionaire !

Posted by whistlebower99 > 2023-04-19 16:30 | Report Abuse

Penny stocks cartel
Releasing WC into market
Recoup funds used in rights share application

Posted by kutipkutip > 2023-04-20 15:45 | Report Abuse

minggu depan billionaire ?

Posted by Icon 888 > 2023-04-27 12:17 | Report Abuse

Ini counter dah tak Boleh pakai.. management no intergrity

Posted by Icon 888 > 2023-04-27 13:47 | Report Abuse

Buy Cfm share high price ..

Posted by whistlebower99 > 2023-04-27 14:29 | Report Abuse

Big players releasing and pushing out warrants to smaller players to hold until expiry date

Posted by Icon 888 > 2023-04-27 17:18 | Report Abuse

Kv stock.. tak Boleh pakai

Posted by OKU_2020 > 2023-04-28 07:13 | Report Abuse

dead rat...!

Posted by Lee Ying Yee > 2023-04-29 05:57 | Report Abuse

bursa create no quality ? more n more

Posted by Lee Ying Yee > 2023-04-29 06:01 | Report Abuse

avoid no quality stock ?

Posted by zhm540 > 2023-05-11 16:06 | Report Abuse

ayoyo...fitters wc baru listing pun sudah x ada value ka.....apa jadi dgn ini stock??

Posted by ajaaja > 2023-05-11 16:34 | Report Abuse

WC 0.005 dah ....

Posted by Vincentpu > 2023-05-11 18:17 | Report Abuse

Tipu jacky pang ... tekan 0.5c suruh lu orang jual kadi dia..lepas kutip balik dia goreng

Posted by whistlebower99 > 2023-05-15 11:12 | Report Abuse

FOR NEWBIES

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

Particulars of substantial Securities Holder
Name CITA REALITI SDN BHD
1 10 May 2023 26,500,000 Disposed Direct Interest
Disposal of shares via open market

Direct (units) 215,850,004
Direct (%) 9.219
Date of notice 12 May 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351504

===================
Take note.
One of the main supporter of directors fund raising via rights issue exercise slowly cashing out

Many more shares to be released into market in near future
Don't be caught at high price

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

https://www.klsescreener.com/v2/stocks/view/9318/fitters-diversified-berhad

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

Posted by kutipkutip > 2023-05-15 12:23 | Report Abuse

kutip -wc 0.005 bottom habis dah ni .. tahun depan tak payah sembang banyak , comfirm trillionaire !

Posted by kutipkutip > 2023-05-15 13:48 | Report Abuse

expired date : 10/04/2026

Posted by BE_GREEEEEDY > 2023-05-17 14:20 | Report Abuse

WC BALOON / RIMBOOQ ? $$$$$

Posted by whistlebower99 > 2023-05-19 14:50 | Report Abuse

FOR NEWBIES

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

List of penny stocks with shares consolidation :-

2023 in progress - MMAG, VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise