Waaa... those who sold at 14 to 16 sen, at which Cita Realiti and MNC Wireless have bought at that price, would make more than100% if they buy back at present price of 6 sen. Then they can push it up again to 14 sen to 16 sen to make more than 100% again. Kihkihkih... say is easy..
A SERIES OF ACQUISITION AND DISPOSAL OF BCMALL SHARES BY SANICHI FROM 5 AUGUT TO 25 AUGUST 2021.
AT THAT TIME THE PRICE TRANSACTED FROM 16 SEN TO 9.5 SEN
Circumstances by reason of which change has occurred 1.) Acquisition of 91,270,000 ordinary shares via open market. 2.) Disposal of 11,970,000 ordinary shares via open market.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,442,419,508 NEW ORDINARY SHARES IN AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") ("AEM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE TOGETHER WITH UP TO 1,081,814,631 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JULY 2021 ("RIGHTS ISSUE WITH WARRANTS")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,202,508,096 NEW ORDINARY SHARES IN DGB ("DGB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH UP TO 601,254,048 FREE DETACHABLE WARRANTS IN DGB ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 22 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?
If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.
If his answer is NO, he probably has BAD INTENTION on the company and its shareholders
Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false? ----------------- Some are true, but many are false, an ill intention information, misleading and some are only based on his wild accusations. If he doesn't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.
In general, share consolidation is perceived negatively, especially by investors. When investors see the stock price plummet, share consolidation will be seen as an accounting tactic to save the image of a company that is not performing well. As a result, they usually sell the company's shares, which eventually brings down the price again.
However, as bad as it seems, share consolidation might be able to boost the stock value and the company's prospects. This, quite frequently, attracts new investors to the company and helps resurrect its fortunes.
Why Issue a Rights Offering?
Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its current financial obligations. Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money.
However, not all companies that pursue rights offerings are in financial trouble. Even companies with clean balance sheets may use rights issues. These issues might be a way to raise extra capital to fund expenditures designed to expand the company's business, such as acquisitions or opening new facilities for manufacturing or sales. If the company is using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.
MNC Wireless and Cita Realiti have actually disposed quite a substantial shares from 5 August till to 26 August though they also bought a certain amount of the shares, perhaps just to disguise and to entice bilis to chase. Net they are no more the substantial shareholders of the BCM. They must have made good profit from their tipu-helah. They still hold a certain amount of shares though not major shareholders. At 6 sen or 7 sen, definately they won't sell. They might create another stunt and tipu helah to dispose their holdings with good profit. This is their modus operandy which they have mastered through out the pennystocks under their control or the LienHoe gangs...
Cita Realiti was dumping since early August till to 25 August prior to listing... They bought a few to entice bilis to enter then they dumped stage by stage with profit...
eh. was i hallucinating? i swear i saw the market buzz section posted yesterday showed cita realiti disposed more shares on 7 & 8 september, now the post is missing
Cita Realiti dealings for August 2021 was only announced in Bursa portal on 7 September 2021. Something fishy why the announcement was only out on 7 September. Cita Realiti and MNC Wireless had combined acquired about 80M shares from open market at 14 to 16 sen (about a week before the listing of new shares and the warrants) just before the price of the mother shares started to drop continuosly till after listing day. I was thinking these companies were losing heavily for the ~80M shares they bought early and since there was no official announcement of their dealing after that deal. Actually it was within this period till to 25 August, a day before listing of new shares and the warrants, Cita Realiti was dumping their holdings and these were only announced on 7 September, more than a week after the listing.
Cash rich, recently completed fund raising via rights issues, can afford to buy at higher price
========================= BSL CORPORATION BERHAD
Particulars of Substantial Securities Holder Name BCM ALLIANCE BERHAD Date interest acquired 06 Sep 2021 No of securities 7,213,100
1 07 Sep 2021 950,000 Acquired Direct Interest
2 08 Sep 2021 100,000 Acquired Direct Interest
1 10 Sep 2021 432,200 Acquired Direct Interest
2 13 Sep 2021 1,240,000 Acquired Direct Interest
3 13 Sep 2021 400,000 Disposed Direct Interest
Nature of interest Direct Interest Direct (units) 9,535,300 Direct (%) 9.867 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Total no of securities after change 9,535,300 Date of notice 14 Sep 2021
Yea.. morally on the part of the directors or the company to at least protect or mantain the value subscribers or stakeholders have come out to subscribe and supported the issue cos that value still hold when it was fixed based on the financial year or QR the rights issue was called and implemented.
Most of us are sure condemning our great thieves or pirates for plundering the country's, people's wealth, include companies owners or directors or operators. So aren't they in the same company or same boat when they're plundering majority bilis stakeholders who subsribed and supported to their fund call.
BCMALL help those acquired very low in BSL in the past as low as 0.10 to make a handsome exit... RM2+....
Very high risk investment by BCMALL.. hope they know what they are doing .... and not to report losses at later QR....
------------
I like to rephrase:
BCMall started to acquire BSL shares at lower price than the current price. BCMall can dispose the BSL shares to make a handsome profit @ current price.
Very good investment by BCMall. Hope they know to reap the profit..... and can report gains at later QR....
BCMall started to acquire BSL shares at lower price than the current price. BCMall can dispose the BSL shares to make a handsome profit @ current price.
Very good investment by BCMall. Hope they know to reap the profit..... and can report gains at later QR....
Should not behave like retail investors... and should not help related individuals to make handsome exit while the company will incur huge paper loss..
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!
MQ Trader 486 views | 3 d ago
0:17
New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!
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....
kihkihkih
84 posts
Posted by kihkihkih > 2021-09-03 00:48 | Report Abuse
Waaa... those who sold at 14 to 16 sen, at which Cita Realiti and MNC Wireless have bought at that price, would make more than100% if they buy back at present price of 6 sen. Then they can push it up again to 14 sen to 16 sen to make more than 100% again. Kihkihkih... say is easy..