VELOCITY (7165): Financials Summary, Key Results, Growth

WOW! FROM P&D HIGHEST PRICE RM2 IN 2019 NOW BELOW 0.05 AND HEADING TO MY PREDICTION OF 0.01 !!! EVEN WITH RIGHTS ISSUE OF 0.15 LAST YEAR! WOW! WOW! WOW! APPLAUSE TO MANAGEMENT AND DIRECTORS! WHAT'S NEXT? SHARE CONSOLIDATION? ANOTHER RIGHTS ISSURE? SOME MORE BS MOU? WHAT ARE THEY PLANNING TO SQUEEZE MORE MONEY FROM NEWBIES AND SHAREHOLDERS????? MAKE COMPANY PROFITABLE??? IMPOSSIBLE DREAM! 20 QTRS LOSSES AND NO VIABLE BUSINESS IN SIGHT.

2023-03-06 09:48

Whistleblower give wise advice! Don't touch these penny stocks!!!

2023-03-06 09:50

JJPTR

very infomative. Keep for reference. The web of abuse in corporate plc is as dirty as Msia politics. Better tick to fundamentally sound companies. These type of "growth" companies are filled with lots of worms.
https://thecorporatesecret.com/blog/2023/03/04/rahsia-mafia-korporat-malaysia-victor-chin-boon-long-peralat-penguatkuasa-terbongkar/

2023-03-06 11:30

https://www.malaymail.com/news/malaysia/2023/03/08/cops-say-already-probed-malaysias-corporate-mafia-claim-case-referred-to-agc-last-month/58527

2023-03-08 13:38

Sold ev to Hongseng is good la..

2023-03-26 17:27

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. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6

2023-04-12 09:52

Ev deal to hongseng tak jadi.. now China develop Ev in Tanjong malim.. Good for Csh

2023-04-18 09:29

TerrenceLim

So time to all in on the cash?

2023-04-26 14:18

Tengok tahun depan la

2023-05-02 12:08

koyokui

Buy very low now company has cash

2023-05-02 18:50

Post removed.Why?

2023-05-12 16:10

Post removed.Why?

2023-05-19 14:51

Post removed.Why?

2023-06-28 08:58

koyokui

Time to in market bull

2023-07-13 21:15

any hope this counter ? or just cut loss and move on ?

2023-07-27 18:40

Virgin_Share

zzz1981, whats your entry ?

2023-08-10 17:06

virgin_share..entered at 8.5 sen

2023-08-12 15:30

Post removed.Why?

2023-09-04 10:00

Siang9282

7165 gogogo

2023-09-04 10:24

Post removed.Why?

2023-10-13 23:00

StartOfTheBull

Loss making company but share price increased 100% from 3c to 6c. Chase at your own risk.

2023-10-26 10:15

ocbc

Casino here

2023-10-26 17:25

MrPig268

scammer account :)

2023-11-10 14:52

Useless counter..

2023-12-14 15:50

Many Ppl trap rm0.40 or above

2023-12-14 19:20

Post removed.Why?

2023-12-28 10:20

OH NO!!! ANOTHER NAME CHANGE AGAIN. EVERYTIME NAME CHANGE PRICE DROP. FROM RM1 -0.60 - 0.30 - 0.10 - 0.05 AT CSH. NEXT 0.01SEN?

2023-12-28 13:00

when r they going to pump this stock?? Name already change. What else???

2024-02-21 11:28

Post removed.Why?

2024-03-06 12:29

name ady changed to VELOCITY but still NO MOVEMENT. Every huge drop in price seem to have name change. When is next name change? looks like NO PRICE UP UNLESS SHARE CONSOLIDATIONS...

2024-04-23 09:54

Orson Chin

Sales double up . Profit double up……
I can not believe lo ……

1 month ago

TurkeyFig

Can buy now?

1 month ago

zero movement ...weird...

1 month ago

no point holding anymore ..might as well just cut loss and move to another counter

1 month ago

raymondroy

A little review of the qtr financial results; revenue of 18.2m (90% increase YoY) and net profit of 6.5m against a loss of 1.1m YoY. But there is "other income" of 5.1m (0.2m YoY) recorded in the qtr, which is not explained and probably being one off.
In the 9mths period there is an increase of 57m in financing receivables, which measn almost all their revenue is translated to receivables.... not cash.
Lastly, in the period there is a negative 27m operating cash flow against negative 41m a year ago..... peace

1 month ago

Post removed.Why?

1 month ago

finally cleared holding yesterday and today a bit...after 3 yrs holding on hoping... small capital recovered have to work on it now....sigh

1 month ago

carilembu

laggard starting to move

1 month ago

Weong name change. Velocity denotes speed but still not moving at all.

1 month ago

when going to get more MOUs to speed up velocity? Gloves already done when price of gloves stock was going down. BYD already done. How about AI related, or data center. Don't wait until the hype is over to go in.

1 month ago

velocity no speed.... didnt understand physics when name was changed ..ha ha thankfully im out this week oredi..sad after so long holding but switched to JCY and made back the loss..so no regrets

1 month ago

SNS make MOU with AGMO and price shot up. When is the BOD of Velocity going to make a good MOU to push up the shares for its loyal shareholders?

1 month ago

oldschoolway

can buy now ?

1 month ago

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Dec 2021 20 Dec 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.1500 View
07 Mar 2016 17 Mar 2016 Rights Issue (warrant) 5 : 1 0.0600 View

https://www.klsescreener.com/v2/stocks/view/7165/velocity-capital-partner-berhad

Check Capital Changes, P/L

================
Formerly known as CSH ALLIANCE BERHAD
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3410286

Multi year annual losses from 2013 to 2023

=================
NOSH = 1,381,410,560
WB = 690.705.280

If WB is fully converted, NOSH will exceed 2 BILLION shares

===============
Directors frequently raise fund via massive share issuance to PP, ESOS, RI, etc
resulting in huge increase of NOSH and massive dilution of shareholder equity % and EPS

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

3 weeks ago

Apastock

alright, go go go!

3 weeks ago

oldschoolway

go go go ? go mana ? 4 sen ? ha ha

3 weeks ago

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.

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

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - HM, MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, 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,.........

Retail investors trapped at high price incurred huge losses caused by share consolidation

6 days ago