Good retailers will not suffer. You know where to cl if price drop below support. The problem is people play sentiment to get price lower without fact. I'm awaiting 2cent price though. Keyasi, sasbadi, ucrest, gets also scam right?
@GorengGroupFB thanks for listed those scam companies, just wonder which companies else involved in this kind of activities, as reported there are 60+ companies. whoever with info, hope be able to provide more companies list. thank you
Look at m3. They got old shareholders who got cheated by Kenneth Vun Yun Lun people now only wake up.
Xox investors are more pitty, dilute until not bother to watch. The group of criminals all in ESOS scam.
See the names of criminal list.
2. Ordinary Resolution 2 Description To approve the Proposed Allocation of ESOS Options to Dato' Seri Abdul Azim bin Mohd Zabidi, the Non-Independent Non-Executive Chairman of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 29 24 No. of Shares 251,924,460 5,915,146 % of Voted Shares 97.7059 2.2941 Result Accepted
3. Ordinary Resolution 3 Description To approve the Proposed Allocation of ESOS Options to Roy Ho Yew Kee, the Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 30 22 No. of Shares 251,945,460 5,894,100 % of Voted Shares 97.7140 2.2860 Result Accepted
4. Ordinary Resolution 4 Description To approve the Proposed Allocation of ESOS Options to Tan Sik Eek, the Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 27 24 No. of Shares 251,913,972 5,904,588 % of Voted Shares 97.7098 2.2902 Result Accepted
5. Ordinary Resolution 5 Description To approve the Proposed Allocation of ESOS Options to Hew Tze Kok, the Independent Non-Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 27 24 No. of Shares 251,902,360 5,916,200 % of Voted Shares 97.7053 2.2947 Result Accepted
6. Ordinary Resolution 6 Description To approve the Proposed Allocation of ESOS Options to Andy Liew Hock Sim, the Independent Non-Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 26 24 No. of Shares 251,892,360 5,925,712 % of Voted Shares 97.7016 2.2984 Result Accepted
7. Ordinary Resolution 7 Description To approve the Proposed Allocation of ESOS Options to Ng Kok Heng, the Chief Executive Officer of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 25 23 No. of Shares 242,669,025 5,906,200 % of Voted Shares 97.6240 2.3760 Result Accepted
Sorry, being busy. Have not updated the blogs yet. Will do so later
@limit_up_soon
The notion that "they" know how many going to attend more make more difficult, as online RPV only need 24 hours before and shares must be Registered in CDS account 7 days before, Hence the notion that they can "send" in more shares is not full proof, then they have to have at least 51% of the total shareholding, to have full proof passing of any resolution. Now, they don't need, as retailer not aware of EGM.
My intention to make retail investors aware of the REAL fact. Look at XOX yesterday EGM, Only 6.4% of the XOX Total shareholding DICTATE the abuse of the rest of 93.6% of 3.935 billion. Only this show that "syndicate" taking the advantage of "retailers" don't care or aware of EGM implication of voting, hence they can do whatever they want with the help of "directors"
Again, this time, 24 retailers do attend while 35,000 or more of the retailers who own shares in XOX either not bother or not aware. I think high majority are not aware of the EGM. Compare to previous only 7 or less retails attended. Hence, improvement is there of awareness. Only if more retailer turn up , then only situation will improve. Kudos to the 24. Well done.
What I am trying to do is to show to SC or MSWG that they need to put major effort to improve the current requirement that only need 14 days notices for EGM, which is ridiculous, as this is exactly the LOOPHOLES of the SC rules that help syndicate to surface in any counters.
Now SC rules is that any listed companies only need to publish on their website of coming EGM/AGM, and also on Bursa website. Also to advertise in newspaper (paper), They do not need to send anymore circular to shareholders. This is one big flaws by SC/Bursa.
Also, SC or Bursa need to have a method to ensure that ALL Shareholders are make aware of coming AGM or EGM, to ensure that public are not being abused. SC, please listen.
Look at M3TECH yesterday EGM, the % shows that, Directors are not all powerful, they can be taken to task by shareholders if not all shareholders (retails) interest are not being taken care of.
I think i've been telling for so long XOX will only up in 2025. Past history shows it will up every 5 years. Next is in 2025. It will go and rest at 0.02-0.05 for the next 5 years.
Haha.. agreed with fifimao... XOX123456.. why need to give ppl one million Spend the 1 million to buy shares so the share rebound and keep our mouth shut..
It is a scheme introduced by the employer company that issues a share option to eligible employees by giving them the contractual right to acquire shares of the company in the future at a pre-determined preferential price, normally referred to as the “offer price” or “exercise price”.
Share price will not change when shares are issued (ESOPs, ESPP, Warrants) or acquired (Buyback). Usually ESOPs are not issue. It is regulated and company cannot issue more that prescribed by regulations. “Rights Issue” are the ones that you have to generally worry about.
there are many investors stuck in this counter with high investments. one investor i recently met had said he has lost nearly 1 million by investing in xox and macpie through false information that he received. he regretted for his misadventure.
Similarly to how a fair-goer doesn’t know the value up front of a mystery prize they win in a contest, an employee who is granted stock options as part of their compensation doesn’t know right away what their options could be worth by the time they can act on them. Until an employee reaches the time at which they’re able to act on their options (aka buy a certain number of shares of that company at a predetermined price, within a specific time frame), the employee doesn’t really know what their options could be worth. The value of the options could be essentially worthless if, when the options vest (aka the employee can exercise their right to buy the stock), the stock is trading at the same price at which the option allows them to purchase the stock (the exercise price). However, if the stock is trading at a higher price than the exercise price, the employee’s options are valuable, as they allow the employee to buy the stock at a lower price than the prevailing market price.
OMG 1.7Billion new shares Big big dilution to existing shareholders RM0.055 x 2/3 = 0.035 new price once esos sharea flow to market Didn't that guy numb3r0n3 warned us....
I'm sure esos price will be higher. Then majority shareholders must pump up the price prior to that exercise. If the make exercise price lower, they will suffer current shares price downturn. Now with bad sentiment sure they have accumulate enough before another push. Rm50 million revenue each quarter at price of 2 cent. What a joke. Hahaha
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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....
Citadel9999
2,878 posts
Posted by Citadel9999 > 2021-04-19 11:00 |
Post removed.Why?