BCM never lost the money but have transferred their algorithm way to Metronics for personal gains….MACC & SC should investigate their trail…why did not sell immediately when Metronics went sky high….
Revenue RM22,947,000 (-) Cost of Sales (RM14,614,000) Gross Profit RM8,333,000 * +Other operating income RM553,000 - Administrative expenses (RM13,674,000) (LOSS) / PROFIT FOR FINAnCIAL PERIOD (RM5,567,000) **
NOTES:
* Gross profit earned shows that the company's main business activity still earned profit.
** The loss occured for the financial period becouse of its Loss on disposal of quoted investments, including the loss from the investment in Mtronic shares.
THERE IS A POSSIBILITY THAT BCM MANAGEMENT IS IN THE SAME GANG OF A GROUP OF BODs / MANAGEMENTs WHO MANIPULATE THE COMPANY DECISIONS. THE GANG'S OBJECTIVES FOR SURE NOT FOR THE GOOD FOR THE COMPANY AND THE COMPANY'S SHARE HOLDERS....
Pakai wang sykt milik pemegang syer untuk berjudi syer related parties dan rugi parah kan? Hahahaha
The increase in loss of RM7.94 million or 261.01% in current quarter were mainly due to the additional loss on disposal of quoted investments amounted to RM3.43 million as well as higher marketing expenses of RM3.00 million in laundry-on-demand in laundry services business segment.
EDUSPEC, DOLPHIN, TECHNAX are the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 13 January 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 due to the corporate exercises
List of penny stocks with shares consolidation :-
2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC, TECHNAX
BCM ALLIANCE BERHAD ("BCM" OR "THE COMPANY") - SUBSCRIPTION OF AN AGGREGATE OF 181,818,181 RIGHTS SHARES AND EXCESS RIGHTS SHARES OF BSL CORPORATION BERHAD ("BSL") BY BC MEDICARE SDN. BHD. ("BC MEDICARE"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Board of Directors (“Board”) of BCM wishes to announce that BC Medicare, a wholly-owned subsidiary of BCM, had on 15 March 2023, subscribed an aggregate 181,818,181 rights shares and excess rights shares of BSL at an issue price of RM0.055 each, representing 9.42% equity interest of the enlarged share capital in BSL pursuant to the renounceable rights issue of up to 2,354,494,986 new ordinary shares in BSL (“Rights shares”) together with up to 981,039,577 free detachable Warrants (“Warrants B”) on the basis of 12 Rights Shares together with 5 free Warrants B for every 2 existing ordinary shares held in BSL (“the Subscription”).
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) BSL CORPORATION BERHAD
Particulars of Substantial Securities Holder Name BCM ALLIANCE BERHAD Name of registered holder BC Medicare Sdn. Bhd.
Date interest acquired 15 Mar 2023 No of securities 181,818,181 Subscription of rights shares and excess rights shares by BC Medicare Sdn. Bhd. pursuant to Rights Issue with Warrants
Indirect/deemed interest (units) 181,818,181 Indirect/deemed interest (%) 9.42 Date of notice 16 Mar 2023
================== Smart directors using company fund to invest and speculate on other penny stocks
After company fund depleted, directors will raise more fund via share issuance to PP, ESOS, RI,etc Retail shareholders will see their equity % reduced further and further
VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 9 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
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
AT is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 31 Oct 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 31 Jan 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
VIZIONE is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 6 March 2024.
=================== Be careful if holding high NOSH low price penny stocks for long term
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
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....
whistlebower99
4,867 posts
Posted by whistlebower99 > 2022-09-21 18:01 | Report Abuse
BCM directors utilize company fund buy high sell low?