Pilih pelaburan yang belum terbang lagi berpotensi, dll :)
KUALA LUMPUR (Dec 6): theedgemarkets.com highlighted five stocks with positive momentum, and 14 stocks with negative momentum, at Bursa Malaysia's afternoon close on Tuesday (Dec 6).
The stocks with positive momentum were: Mlbas Systems Bhd — up half a sen or 25% to 2.5 sen Pasukhas Group Bhd — up half a sen or 25% to 2.5 sen
@NEWBIE LKL also buy their beds from China, connect some Malaysian sourced parts and do some creative reporting to barely pass the Made in Malaysia criteria. So no, China doesn't need our medical beds.
I) SHARE CONSOLIDATION; (II) DIVERSIFICATION; (III) RIGHTS ISSUE WITH WARRANTS; AND (IV) SIS
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 30 January 2023, resolved to grant the Company an extension of time until 17 May 2023 to implement and complete the Rights Issue with Warrants and thereafter implement the SIS.
This announcement is dated 30 January 2023.
============ Update on progress of Multiple Proposal
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
RENOUNCEABLE RIGHTS ISSUE OF UP TO 291,480,162 NEW ORDINARY SHARES IN LKL INTERNATIONAL BERHAD ("LKL" OR THE "COMPANY") ("LKL SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.17 PER RIGHTS SHARE TOGETHER WITH UP TO 194,320,108 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 27 FEBRUARY 2023
==================== TAKE NOTE OF THE IMPORTANT DATES :-
==================== Date for commencement of trading of rights 28 Feb 2023 Date for cessation of trading of rights 07 Mar 2023
==================== Acceptance and Payment 14 Mar 2023 05:00 PM Excess share application and payment 14 Mar 2023 05:00 PM
=================== Date for announcement of final subscription result and basis of allotment of excess Rights Securities 21 Mar 2023
=================== Available/Listing Date 28 Mar 2023
==================== - ISSUE PRICE OF RM0.17 PER RIGHTS SHARE - 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE
Get your money ready to contribute to directors fund raising exercise.
What is happening in Bursa, the SC must be sleeping, company making losses share price up while those making lower profit share price drop. Please do something SC
Acceptance and Payment 14 Mar 2023 05:00 PM Excess share application and payment 14 Mar 2023 05:00 PM
Directors will receive up to 291,480,162 X 0.17 = RM49.55 million !!! Smart fast easy fund raising exercise
=================== Date for announcement of final subscription result and basis of allotment of excess Rights Securities 21 Mar 2023
=================== Available/Listing Date 28 Mar 2023
================= Closing date for rights issue application = 14 March 2023
Next date is 21 Mar 2023 to see final subscription of rights and excess shares
==================== Probably time to watch whether the current price 0.25 will drop below the rights issue price of 0.17 approaching listing date 28 Mar 2023
Details of such valid acceptances and excess applications received are as follows:
.................. No. of Rights Shares........... % of total issue
Total valid acceptances 119,115,567____40.87 Total valid excess applications. 171,781,635_____58.93 Total valid acceptances and excess applications 290,897,202_____99.80 Total Rights Shares available for subscription 291,480,162_____100.00 Not subscribed for 582,960____0.20
Successful applicants of the Rights Shares will be given Warrants on the basis of 2 Warrants for every 3 Rights Shares successfully subscribed for. =========== Similar subscription trend as BSLCORP Under subscribed by retail shareholders Excess applicants could be penny stocks companies that are friendly to LKL directors, to support the fund raising exercise.
Lack of retail investors participation. Operators likely to do right hand left hand transactions to attract attention of punters, fomo, newbies to get into the game. Operators, proxies, penny stock companies that subscribed for the rights and excess shares will be willing to dispose at 17sen or slightly lower as they have free warrants to guarantee profits
Price might be close to or lower than rights issue price of 17sen when approaching listing date 28 March 2023.
================= Listing date for BSLCORP rights shares was 15 March 2023 Rights issue price 0.055 Price plunged from 0.135 to 0.06 before listing date
FOR LKL, Price might be supported by operators, proxies and friendly rights subscribers for them to release above or around rights issue price of 0.17 if more punters, retailers and newbies join in the game.
Announced EX Date Subject Ratio Offer 10 Feb 2023 24 Feb 2023 Rights Issue (warrant) 3.0000 : 1.0000 0.1700 29 Sep 2022 13 Oct 2022 Share Consolidation 1.0000 : 10.0000
==================== After share consolidation and rights issue, Current NOSH = 388,640,216 very lean and light
Probably directors will announce more MOUs to create excitement Easy for operators to fry up to release their rights shares to market punters and newbies
Expect directors to raise more fund in near future, via share issuance to PP, ESOS or for asset acquisitions to increase the NOSH to BILLION shares again =================== TAYOR
Next important date is 28 March 2023, listing of rights issue shares
Winner are directors of LKL conveniently raising about RN49.5 million from rights issue fund raising exercise. Much easier than generating profits from business operations.
Other potential winner are Operators and supporters of fund raising exercise who have lots of subscribed shares to sell to market to reap huge profit based on rights issue price of 0.17 compared to current market price of 0.255.
Sit back and watch the show
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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....
apprentice
789 posts
Posted by apprentice > 2022-11-27 08:00 | Report Abuse
8899,
Stop using all Caps.