Price Target Analysis: BTM (7188)

Undersubscribed surely, no hope liao

2023-01-09 06:15

something brewing
undersubscribed?
target 0.200/0.215 still intact

2023-01-09 19:39

stockjobber

Michael Kwok Btm buy call 10 cents
Hi Michael, may we know where did you get the 'buy call' from ?
Thanks in advance for sharing

2023-01-10 00:36

btm-wc
expired : 09/01/2028
share issued : 307.190m

2023-01-16 08:27

rebound ! 0.065 / -wc 0.030

2023-01-16 08:54

bila boleh kutip kutip ?

2023-01-16 09:53

dudehasnoname???

2023-01-16 11:24

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF 921,571,130 NEW ORDINARY SHARES IN BTM ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH 307,190,331 FREE DETACHABLE WARRANTS IN BTM ("WARRANTS-C") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 EXISTING BTM SHARE TOGETHER WITH 1 WARRANT-C FOR EVERY 3 RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE WITH WARRANTS-C")
BTM RESOURCES BERHAD

Please be advised that:
1) BTM’s 307,190,331 Warrants-C issued pursuant to the Rights Issue with Warrants-C will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing of and quotation for the Warrants-C on the Main Market will be granted with effect from 9.00 a.m., Monday, 16 January 2023;

2) BTM’s additional 921,571,130 new ordinary shares issued pursuant to the Rights Issue with Warrants-C will be granted listing and quotation with effect from 9.00 a.m., Monday, 16 January 2023; and

3) BTM’s additional 8,642,716 Warrants-B issued pursuant to the adjustments arising from the Rights Issue with Warrants-C will be granted listing and quotation with effect from 9.00 a.m., Monday, 16 January 2023.

=================
Directors happy will the successful money raising exercise even though under-subscribed (89.81 % subscription)

Subscribers will have to wait for operators to fry up the price

Directors might probably raise more money via shares issuance to PP, ESOS or asset acquisition in near future

=================
Welcome to the BILLION shares penny stock (multi year loss making) club
NOSH = 1,197,184,716
WB = 35,125,056

WC = 307,190,331
Maturity 2028-01-09
Strike value 0.1000

https://www.klsescreener.com/v2/stocks/view/7188/btm-resources-berhad

===============
TAYOR, set realistic target

2023-01-16 12:43

at least will test 0.150 before 09-01-2027

2023-01-16 20:25

Directors managed to raise around RM74 million from the rights issue.
Easy convenient way to build up company fund
Making profit from business operation is not easy.
Wise for shareholders to monitor how the money are being utilized

2023-01-16 21:52

btm-wc 0.025

2023-01-19 12:02

New projects on d pipeline to b announced after big funds completely raised thru d RI

2023-01-27 05:42

A_Elder

what projects?

2023-02-03 06:43

https://www.theedgemarkets.com/node/654292

very cheap
safer to grab very very low risk

2023-02-06 17:08

A_Elder

2023-02-08 05:42

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

2023-02-17 09:43

FOR NEWBIES

OFFER AND GRANT OF BTM SHARES UNDER THE EXECUTIVE SHARE GRANT SCHEME ("ESGS") OF BTM LONG-TERM INCENTIVE PLAN

(a) Dare of offer :1 March 2023.
(b) Exercise price of the Grant: Free of charge.
(c) Number of Grants offered :163,889,200.
(d) Market price of BTM"s share on the date of the offer :RM0.07.
(e) Number of Grants offered to Directors and employees connected to Directors:

Name of Directors Grant shares
1) Dato' Seri Yong Tu Sang 16,388,900
2) Yong Hin Siong 10,926,200
3) Yong Emmy 16,388,900
4) Datuk Woo Thin Choy 36,000,000
Emplyees connected to Directors
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700

This announcement is dated 2 March 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035

===============
Directors continue to issue new shares to directors at FREE OF CHARGE
Rewarding themselves with free shares worth 0.07 per shares
Even though company business continue to make multi-year losses

===============
Expect directors to raise more fund via share issuance to PP, ESOS or for asset acquisition

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

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

2023-03-06 10:33

FOR NEWBIES

Directors issued free shares to directors at no cost.
Smart move. Free money for directors. The rich gets richer.
Long term loyal shareholders see their equity % reduced further with more shares issuance to PP, ESOS, etc

=================

Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name DATO SERI YONG TU SANG
1 08/03/2023 16,388,900
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 113,972,081
Direct (%) 9.070
Indirect/deemed interest (units) 261,747,299
Indirect/deemed interest (%) 20.831
Date of notice 09/03/2023

================
Particulars of Director
Name MADAM YONG EMMY
1 08/03/2023 16,388,900
Consideration (if any) RM 0.00

Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 104,084,900
Direct (%) 8.283
Indirect/deemed interest (units) 271,634,480
Indirect/deemed interest (%) 21.618
Date of notice 09/03/2023

==================
Particulars of Director
Name MR YONG HIN SIONG
1 08/03/2023 10,926,200
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 10,926,200
Direct (%) 0.869
Indirect/deemed interest (units) 364,793,180
Indirect/deemed interest (%) 29.032
Date of notice 09/03/2023

====================
Particulars of Director
Name DATUK WOO THIN CHOY
1 08/03/2023 36,000,000
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 36,000,000
Direct (%) 2.865
Indirect/deemed interest (units) 75,182,800
Indirect/deemed interest (%) 5.983
Date of notice 09/03/2023

================
Employees connected to Directors also got free shares. How nice !!!
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035

LTIP - long term incentive plan but company has been showing multi year losses

==============
Based on current price = 0.065,
Lucky directors getting between RM 710,203 to RM2,340,000 !!!!
FREE MONEY !!!
==============

2023-03-14 11:20

Started to move liao finally, after holding it for such long period. May d warrants folo thru to its new height where it was far laggard

2023-04-08 06:30

Buy before too late

2023-04-19 09:20

kutipkutip

kemon gap up limit up !

2023-04-19 16:32

kutipkutip

-wc tahun depan billionaire !

2023-04-19 16:33

Michael Kwok

Resistance 7.5 cents price 7.5 cents
Buy on weaknesses
20/4/23 12pm

2023-04-20 12:01

Will fly afternoon

2023-04-20 12:50

FOR NEWBIES

INTENTION TO DEAL DURING CLOSED PERIOD

No Salutation Name Designation Description Of "Others" Designation

1 MR CHEN KAR MUN Others Financial Conyroller
No of Securities Held 10,747,800
% of Securities Held 0.850

2 MISS MAH BEE HONG Others Accounts Manager
No of Securities Held 3,363,000
% of Securities Held 0.270

3 MADAM YONG ELLEN Others Sales & Marketing Manager
No of Securities Held 16,388,900
% of Securities Held 1.300

4 MR TAN KHA LUONG Others Business Developement Manager
No of Securities Held 1,201,700
% of Securities Held 0.090

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3349390

====================
ESOS subscribers soon selling to take quick handsome profits ?

FREE OF CHARGE ESOS :-

a) Dare of offer :1 March 2023.
(b) Exercise price of the Grant: Free of charge.
(c) Number of Grants offered :163,889,200.
(d) Market price of BTM"s share on the date of the offer :RM0.07.
(e) Number of Grants offered to Directors and employees connected to Directors:

Name of Directors Grant shares
1) Dato' Seri Yong Tu Sang 16,388,900
2) Yong Hin Siong 10,926,200
3) Yong Emmy 16,388,900
4) Datuk Woo Thin Choy 36,000,000

Emplyees connected to Directors
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700
This announcement is dated 2 March 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035

=================
FREE SHARES and MONEY FOR ESOS SUBSCRIBERS.
Is it from shareholders fund?

Retail shareholders have their shareholding equity % reduced !!!

2023-05-09 12:24

Buy buy buy !!!

2023-05-09 12:41

keep monitoring
break 52w high would be good

2023-05-17 17:29

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

2023-05-24 11:46

2023-06-22 14:47

Superb99

Longkang stock

2023-06-26 14:52

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)
BTM RESOURCES BERHAD

Particulars of Director
Name MADAM YONG EMMY
1 28/06/2023 35,714,091 Disposed Direct Interest
Consideration (if any) RM0.08

Direct (units) 68,370,809
Direct (%) 5.440
Date of notice 03/07/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366507

===============
FREE ESOS of 16,388,900 shares sold at 0.08, worth more than RM1.3 million

================

2023-07-04 08:09

FOR NEWBIES

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD

1 MADAM YONG ELLEN Others Sales & Marketing Manager
Type of Transaction Disposed
Date of Transaction 28 Jun 2023
No of Securities Transacted 676,875
Consideration Malaysian Ringgit (MYR) 0.080

2 MR TAN KHA LUONG Others Business Development Manager
Type of Transaction Disposed
Date of Transaction 28 Jun 2023
No of Securities Transacted 35,063,125
Consideration Malaysian Ringgit (MYR) 0.080

3 MADAM YONG EMMY Director
Type of Transaction Disposed
Date of Transaction 28 Jun 2023
No of Securities Transacted 35,714,091
Consideration Malaysian Ringgit (MYR) 0.080

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366547

===================
Lucky directors and employee given FREE ESOS
Disposing FREE ESOS for clean profits

2023-07-04 08:15

FOR NEWBIES

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
BTM RESOURCES BERHAD

Particulars of Substantial Securities Holder
Name MR HON TIAN KOK @ WILLIAM
Name of registered holder Maybank Nominees (Tempatan) Sdn. Bhd.
Date interest acquired 30 Jun 2023
No of securities 35,063,125
Acquired via Off market

Direct (units) 35,063,125
Direct (%) 2.79
Date of notice 03 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366873

================
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
BTM RESOURCES BERHAD

Particulars of Substantial Securities Holder
Name MR HON TIAN KOK @ WILLIAM
Name of registered holder M & A Nominee (Tempatan) Sdn. Bhd.

Date interest acquired 30 Jun 2023
No of securities 60,505,366
Acquired via Off market

Direct (units) 95,568,491
Direct (%) 7.606
Date of notice 03 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366874

================
Big block of shares acquired via Off Market (direct deal)
Substantial shareholder is also a director of BIOALPHA HOLDINGS BERHAD

2023-07-04 20:16

Top volume leader today
Could be good time for FREE ESOS shares to be released to market

2023-07-05 10:11

Silentreader88

contra player really not suitable play this counter, share price takes time (probably weeks) to suddenly shoot up. Your T3, T7 just made the price difficult to up and definitely lead to your further loss

2023-07-06 15:39

Happy8

Chart looks so good

2023-07-08 17:52

Bullboy

chart look good but director keep disposing? why a?

2023-07-11 01:06

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)
BTM RESOURCES BERHAD

Particulars of Director
Name DATUK WOO THIN CHOY
1. 05/07/2023 6,293,000 Disposed Indirect Interest
Name of registered holder Confirmed Uptrend Sdn. Bhd.
Nature of interest Indirect Interest
Direct (units) 36,000,000
Direct (%) 2.870
Indirect/deemed interest (units) 29,555,700
Indirect/deemed interest (%) 2.350
Date of notice 07/07/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368096

================
1 06/07/2023 29,555,700 Disposed Indirect Interest
Name of registered holder Woo Wen Jie
Nature of interest Indirect Interest
Total no of securities after change
Direct (units) 36,000,000
Direct (%) 2.870
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 07/07/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368099

===============
Full disposal of indirect shareholdings held by director

Smart move to take profit of recent price surge following rights issue ?

2023-07-11 13:36

FOR NEWBIES

Notice of Person Ceasing (Section 139 of CA 2016)
BTM RESOURCES BERHAD

Particulars of Substantial Securities Holder
Name PROVEN VENTURE CAPITAL PLT

Date of cessation 07 Jul 2023
No of securities disposed 150,256,000
Disposal of Ordinary Shares via off market.
Nature of interest Direct Interest
Date of notice 11 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368438

==================
Substantial shareholder sell to another substantial shareholder via off market ?
Wait for announcement of new substantial shareholder

2023-07-12 12:02

Happy8

Next week move

2023-07-16 18:47

FOR NEWBIES

OFFER AND GRANT OF BTM SHARES UNDER THE EXECUTIVE SHARE GRANT SCHEME " ESGS" OF LONG-TERM INCENTIVE PLAN

(a) Date of offer :7 August 2023.
(b) Exercise price of the Grant : Free of charge.
(c) Number of Grants offered :24,500,000
(d) Market price of BTM 's share on the date of offer :RM 0.08.
(e) Number of Grants offered to Directors :

Name of Directors Grant shares
1)Datuk Hj. Mohamed Iqbal Bin M.M. Mohamed Ganey 5,000,000
2) Choong Show Tong 5,000,000

(f) Vesting period of Grants offeres : Not Applicable.

This announcement is dated 7 August 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3374792

https://www.klsescreener.com/v2/stocks/view/7188/btm-resources-berhad

=====================
Directors rewarding employee and directors with FREE shares
So lucky employees and directors being rewarded handsomely even though company incurred multi year losses

Another 24,500,000 to be added to current NOSH of 1,256,486,718 shares

Retailer investors shareholding continue to be diluted with massive shares issuance to PP, ESOS

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

2023-08-09 10:22

TanSriDato

Stay out for now

2023-10-05 23:36

Dehcomic01

Over the past decade, BTM ROE was even lower than that for Eksons which ceased its plywood business in Jan 2023. Refer to https://www.youtube.com/watch?v=g1byo-eO4CM
From a fundamental investor perspective, it is better to spend time hunting elsewhere.

2023-10-13 08:54

BTM cepat lah naik aduhai

2024-01-16 11:39

170679

Gong Xi Fa Cai angpow for Mother n WC. Ignore WB, going expire soon

2 months ago