paktua73

Post removed.Why?

2024-04-01 09:21

whistlebower99

FOR NEWBIES

Announced EX Date Subject Ratio Offer
03 Oct 2023 18 Oct 2023 Rights Issue (warrant) 4.0000 : 3.0000 0.0850
15 Sep 2023 29 Sep 2023 Share Consolidation 1.0000 : 10.0000 View
10 Jul 2020 23 Jul 2020 Rights Issue (warrant) 5.0000 : 4.000 View
10 Mar 2016 22 Mar 2016 Others (warrant) 1 : 4 View

Multi year loss making company

https://www.klsescreener.com/v2/stocks/view/5265/dolphin-international-berhad

Check P/L and Capital Changes

=====================
MULTIPLE PROPOSALS

Description
DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR THE "COMPANY") I. PROPOSED VARIATION; II. PROPOSED PRIVATE PLACEMENT; III. PROPOSED ESOS; AND IV. PROPOSED CHANGE OF NAME (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

https://www.klsescreener.com/v2/announcements/view/7342595

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3462715

Directors doing multiple proposal again, doing fund raising via shares issuance

======================
Main point is shares issuance to PP, ESOS and perhaps asset acquisition
Company continue to lose money for multi years

2 weeks ago

whistlebower99

On behalf of the Board of Directors of Dolphin ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-

i. a proposed variation to the terms of the sale of shares agreement ("SSA") dated 24 February 2022 (as supplemented by a supplemental SSA dated 15 July 2022) entered into between Asia Poly Food and Beverage Sdn Bhd ("AP F&B"), a wholly-owned subsidiary of Dolphin, with Dato' Yeo Boon Leong, Yeo Boon Thai, Yeo Boon Ho and Yeo Soon Bee (collectively, the "Vendors") for the acquisition of the entire equity interest in High Reserve F&B Sdn Bhd ("High Reserve") for the purchase consideration of RM36.00 million ("Previous Acquisition") by varying the payment terms of the Acquisition ("Proposed Variation");

ii. a private placement of up to 10% of the total number of issued shares of Dolphin ("Dolphin Share(s)" or "Share(s)") (excluding treasury shares, if any) to third party investor(s) to be identified later, at an issue price to be determined later, pursuant to Sections 75 and 76 of the Companies Act 2016 ("Act") ("Proposed Private Placement");

iii. an establishment of an employees' share option scheme ("ESOS") of up to 15% of the total number of issued shares in Dolphin (excluding treasury shares, if any) at any point in time over the duration of the ESOS to eligible persons ("Proposed ESOS"); and

iv. a proposed change of the Company's name from "Dolphin International Berhad" to "Oasis Harvest Corporation Berhad" ("Proposed Change of Name").

Further details of the Proposals are set out in the attachment enclosed.



This announcement is dated 9 July 2024.

2 weeks ago

DonovanTingQY

Dolphin is going to undertake a series of strategic initiatives to mitigate the financial impact of High Reserve Group’s underperformance and improve financial position

https://www.businesstoday.com.my/2024/07/10/dolphin-international-proposes-ssa-variation-private-placement-name-change/

2 weeks ago

acidshot174

change name = change of tide?

2 weeks ago

itselviiin

Entering to F&B + PP + name change, I guess goreng season is coming to DOLPHIN or the new name "Oasis Harvest"

2 weeks ago

Bernard85

When the company name is changed, its logo will also change, I think ..

2 weeks ago

IvanOnMyOwn

Next quarter back to green, buy below 0.20

2 weeks ago

MrMoptop3

new name not bad - Oasis Harvest , time to harvest more! Ong ong lah!

2 weeks ago

jinxstock20

The Dolphins made a smart move by giving up their remaining stake in High Reserve to protect themselves from further losses

2 weeks ago

Bernard85

Dolphin will still benefit from the RM4.9 million profit guarantee provided by the High Reserve btw

2 weeks ago

HamsterInvestor

After PP dolphin sure fly.... now chance to enter low...

2 weeks ago

HappiGoLucky

DOLPHIN swimming into the shores and become OASIS! Test 22sen resistancce soon!

2 weeks ago

Aubree

Change name, change Feng Shui as well

2 weeks ago

Aubree

Oasis means a fertile or green area in an arid region. So it will be green also in terms of price action and financial performance 😉😁

2 weeks ago

stonedInvest

Game is on for Dolphin/Oasis, collect & ready for goreng

1 week ago

Robinmoon

wait after pp then can rally up...

1 week ago

DonovanTingQY

This company will continue to show profitable results in quarter forth 😀

1 week ago

jinxstock20

I guess it will be expanded after pp

1 week ago

chefjeff388

Change name, change feng shui ? If want enter, buy around 18-19 sen

1 week ago

FhizzK

Game start for dolphin, wait for signal..

1 week ago

Bernard85

Even if its name changes, it will still hop like dolphin 😁

1 week ago

Aubree

That's right, chefjeff388. New company name, new journey

1 week ago

whistlebower99

FOR NEWBIES

Announced EX Date Subject Ratio Offer
03 Oct 2023 18 Oct 2023 Rights Issue (warrant) 4.0000 : 3.0000 0.0850
15 Sep 2023 29 Sep 2023 Share Consolidation 1.0000 : 10.0000
10 Jul 2020 23 Jul 2020 Rights Issue (warrant) 5.0000 : 4.000
10 Mar 2016 22 Mar 2016 Others (warrant) 1 : 4 View

Multi year losses
9 years in a row !!!

https://www.klsescreener.com/v2/stocks/view/5265/dolphin-international-berhad

Check P/L and Capital Changes

=====================
NOSH = 133,788,582 after share consolidation and fund raising Rights Issue in Oct 2023

Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc

===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc

1 week ago

fakelok747

Next quarter should be making profit again, monitor dolphin/oasis

1 week ago

KopioDinosaur

Dolphin proposes a private placement expected to raise RM2.44 million at an illustrative issue price of RM0.182 per Placement Share. These funds will primarily bolster working capital for the Company’s F&B business and trading segment.

Who is the big fish that is taking up the PP?

1 week ago

DonovanTingQY

You don't say, fakelok747. I also have the same expectation

1 week ago

jinxstock20

Of course, the company will still benefit from the RM4.9 million profit guarantee provided by High Reserve, which will contribute positively to its financial results

1 week ago

lawlite007

nobody know yet KopioDinosaur, there's a few speculation and might be one of the reason of the name change

1 week ago

Aubree

The new name is Oasis Harvest.. So may be certain big fund from plantation company ? 😁

1 week ago

stonedInvest

so far many speculation but I don't think is from plantation... all the best to Dolphin aka OASIS

1 week ago

Robinmoon

Once pp complete then can rally up, monitor closely

1 week ago

jinxstock20

The plantation was possible because the company initially engaged in the palm oil milling machinery field

1 week ago

Bernard85

Waiting for the next announcement then after the pp is done

6 days ago

KopioDinosaur

See how first, so far everything looks good... hope next month qr is performing like last quarter too

5 days ago

chefjeff388

at least we know is some big fish on new shareholder/PP pariticipant, monitor dolphin closely now

4 days ago

DonovanTingQY

Pretty sure the company will be able to deliver green QR again

4 days ago

Aubree

Shooting up once the name is changed ? 😁😁

4 days ago

MrMoptop3

why not? new name fengshui good, Oasis Harvest = time to harvest more!

3 days ago

SoloInvestor07

Collect 18-19 sen if you plan to enter

3 days ago

Bernard85

New name marks new era for the company

3 days ago

jinxstock20

Yupe, Oasis Harvest will better reflect its updated corporate identity and strategic direction

3 days ago

HappiGoLucky

now wait PP done first, see got chance fly or not

2 days ago

LuckyKoi

Hahaha i like dolphin better, but oasis also not bad. Try queuing lower

2 days ago

Aubree

When will the company implement the private placement ?

2 days ago

DonovanTingQY

I think pp will be executed after it is approved by shareholders
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3466878

2 days ago

stonedInvest

PP will get approve... then is change name + uptrend time

1 day ago

Bernard85

That means that EGM will be held

1 day ago

Robinmoon

So far just wait for announcement, queue around 18sen if u want to enter

23 hours ago

HappiGoLucky

underlooked by market so far, next resistance 0.21-22

22 hours ago