HARVEST MIRACLE CAPITAL BERHAD
KLSE (MYR): HM (0060)
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Last Price
0.18
Today's Change
+0.01 (5.88%)
Day's Change
0.165 - 0.195
Trading Volume
62,687,400
Market Buzz
2025-01-22
2025-01-15
2025-01-15
2025-01-15
Discussions
27 people like this. Showing 50 of 23,627 comments
Why keep issue shares and consolidation again? Still can buy the company?
2024-07-22 19:17
Why? You ask me? I ask who?
tkhero
Why still have people buying, anyone can tell me?
2 hours ago
2024-07-22 19:18
Dont be a sucker keep give money to the cindycat not really taking care the shareholders. From the past history until now keep changing new substantial shareholders and the company keep raise fund from the public. Time to say No to such company.
2024-07-22 19:21
FOR NEWBIES
HARVEST MIRACLE CAPITAL BERHAD
previously known VORTEX CONSOLIDATED BERHAD
previously known as SKH CONSORTIUM BERHAD
previously known as THE MEDIA SHOPPE BERHAD
====================
On behalf of the Board of Directors of HMCB (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:
(i) proposed consolidation of every 3 ordinary shares in HMCB (“Share(s)”) into 1 Share
(“Consolidated Share(s)”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 1,356,361,086 new Shares (“Rights Share(s)”) on the basis of 3 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined and announced later (“Rights Issue Entitlement Date”) at an issue price of RM0.08 per Rights Share (“Issue Price”), together with up to 678,180,543 free detachable warrants in HMCB (“Warrant(s) D”) on the basis of 1 Warrant D for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3464502
https://www.klsescreener.com/v2/stocks/view/0060/harvest-miracle-capital-berhad
Check P/L and Capital Changes for previous share consolidation and share issuance exercises
==================
Another high NOSH penny conter going for share consolidation and followed by massive fund raising via shares issuance to RI to raise more than rm100 million for directors to utilise
===================
NOSH = 1,230,414,715
WC = 125,946,372
===================
Remember these names ???
HARVEST MIRACLE CAPITAL BERHAD
previously known VORTEX CONSOLIDATED BERHAD
previously known as SKH CONSORTIUM BERHAD
previously known as THE MEDIA SHOPPE BERHAD
==================
2024-07-30 12:02
FOR NEWBIES
https://www.klsescreener.com/v2/stocks/view/0060/harvest-miracle-capital-berhad
Past corporate exercises carried out by directors :-
Announced EX Date Subject Ratio Offer
16 Mar 2021 29 Mar 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.1700
18 Jan 2021 02 Feb 2021 Share Consolidation 1.0000 : 4.0000 View
29 Mar 2019 10 Apr 2019 Rights Issue (warrant) 1 : 5 0.1500 View
29 Mar 2019 10 Apr 2019 Rights Issue 3 : 1 0.0500 View
09 Jan 2019 22 Jan 2019 Share Consolidation 2 : 1 View
28 Jul 2015 07 Aug 2015 Share consolidate 2 : 1 View
06 Dec 2011 16 Dec 2011 Rights Issue (warrant) 2 : 1 View
==================
Share consolidation followed by massive fund raising via rights issue !!!
2024-08-22 09:41
Harvest 8.5 cents
Will put 6-7 cents,then started to wait.
2/9/24 12.26am
2024-09-02 00:26
The progress for the share consolidation for Harvest Miracle Berhad (HM) is that it has been proposed, but the effective date has not been disclosed. Here are the details:
Proposed Share Consolidation:
The board of directors of HM has proposed a share consolidation that will see every 3 shares held by the company consolidated into 1 share.
Effectiveness Date:
The effective date for the share consolidation has not been disclosed.
Shareholder Approval:
The share consolidation is subject to shareholder approval, which will be sought at the company's forthcoming annual general meeting.
In summary, the share consolidation for Harvest Miracle Berhad has been proposed, but the effective date has not been disclosed, and the proposal is subject to shareholder approval.
2024-09-12 09:48
Harvest Miracle Capital Berhad (HM) shows potential for short-term gains but carries some risks, with its long-term outlook remaining mixed.
Short-term Outlook:
===============
Recent Performance:
HM's recent earnings have been affected by unusual expenses, which have reduced statutory profit over the last year. However, the company expects these expenses to be non-recurring, which could lead to improved profitability next year.
Technical Analysis:
The stock's technical indicators suggest a strong sell, with a buy signal from oscillators and a buy trend from moving averages, indicating potential for short-term gains.
Market Sentiment:
There is positive sentiment among shareholders, as evidenced by a 28% share price increase in the last month.
------------------------------------------------------------------------------------------
Medium-term Outlook:
=========================
Financial Health:
HM has shown improvement in its financial health, moving from a net loss to a profit in the full year 2024, driven by lower expenses.
Revenue Growth:
The company's revenue has shown a decrease of 32% from FY2023, but there is a 19% increase in revenue for Q1 2025 compared to Q1 2024.
Analyst Coverage:
There is limited analyst coverage, which makes it difficult to forecast growth and revenue accurately.
--------------------------------------------------------------------------------------------
Long-term Outlook:
==============
Strategic Moves:
HM has made strategic acquisitions, which could contribute to long-term growth.
Valuation:
The company's valuation is below the market average, which could indicate undervaluation if the company's growth prospects are realized.
Industry Position:
The company operates in the IT and ICT sectors, which is expected to grow, potentially providing a favorable long-term environment.
In conclusion, while there are signs of improvement in Harvest Miracle Capital Berhad's short-term and medium-term prospects, the lack of analyst coverage and the mixed long-term outlook warrant caution.
The company's strategic moves and potential for growth in the IT and ICT sector suggest there could be long-term potential, but this should be weighed against the risks and uncertainties.
2024-09-17 11:00
FOR NEWBIES
https://www.klsescreener.com/v2/announcements/view/7895161
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3484044
(i) proposed consolidation of every 3 ordinary shares in HMCB (“Share(s)”) into 1 Share
(“Consolidated Share(s)”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 1,356,361,086 new Shares (“Rights Share(s)”) on the basis of 3 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined and announced later (“Rights Issue Entitlement Date”) at an issue price of RM0.08 per Rights Share (“Issue Price”), together with up to 678,180,543 free detachable warrants in HMCB (“Warrant(s) D”) on the basis of 1 Warrant D for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).
============
On behalf of the Board, TA Securities wishes to announce that Bursa Securities has, vide its letter dated 13 September 2024, resolved to approved the following:
(i) Proposed Share Consolidation;
(ii) admission to the Official List and initial listing and quotation of up to 678,180,543 Warrants D pursuant to the Proposed Rights Issue;
(iii) listing and quotation for up to 1,356,361,086 new HMCB Shares to be issued from the Proposed Rights Issue;
(iv) listing and quotation for up to 678,180,543 new Shares to be issued arising from the exercise of the Warrants D;
(v) up to 46,828,117 Additional Warrants C to be issued pursuant to the adjustments to the exercise price and outstanding number of Warrants C arising from the Proposed Rights Issue; and
(vi) listing and quotation for up to 46,828,117 new Shares to be issued arising from the exercise of Additional Warrants C,
================
Share consolidation and massive fund raising by directors coming very soon
Current NOSH = 1,230,414,715 will be consolidated into 410,138,238 shares
Up to 1,356,361,086 rights shares to be issued
New NOSH could be as high as 1,766,499,324 !!!
===============
Retail shareholders will have to contribute more money to directors fund raising exercise
Good luck !!!
2024-09-26 10:27
CIRCULAR TO SHAREHOLDERS OF HARVEST MIRACLE CAPITAL BERHAD IN RELATION TO THE (I) PROPOSED CONSOLIDATION OF EVERY 3 ORDINARY SHARES IN OUR COMPANY ("SHARE(S")) INTO 1 SHARE ("PROPOSED SHARE CONSOLIDATION"); AND (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,356,361,086 NEW SHARES ("RIGHTS SHARE( | https://www.klsescreener.com/v2/announcements/view/7977703
2024-09-27 19:25
Now OR change to R1 is it? Long time no traded or own Right Issue share; can some1 clarify?
1 month ago
No answer meaning nobody own or busy selling R1 today?
limch
Now OR change to R1 is it? Long time no traded or own Right Issue share; can some1 clarify?
1 month ago
Buy R1 not sure make money? R1 at 1.5-2 sen plus RI 8 sen only cost 9.5-10 sen not true? Provided HM price maintain at 11.5 sen?
4 weeks ago
After R1 cease readings soon, can ony know whether it will sustain abv 0.115, which usually will go lower🙄
4 weeks ago
FOR NEWBIES
On behalf of the Board, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue at 5.00 p.m. on 7 January 2025 (“Closing Date”), the Company has received valid acceptance and excess applications for a total of 1,479,450,925 Rights Shares, representing a subscription rate of 120.24% over the total number of Rights Shares available for subscription under the Rights Issue on the Entitlement Date, resulting in an over-subscription rate of 20.24%.
MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/8838987
1 week ago
Harvest Miracle’s rights issue oversubscribed; raises RM98.43 mil
https://theedgemalaysia.com/node/740856
1 week ago
The company raised fresh capital of RM98.43 million from the cash call. Half of the amount raised will be invested in the money lending business while the remaining RM49.27 million will be used to pay off Aset Kayamas Sdn Bhd for the acquisition of the Genting Antara service apartment project in 2022.
https://theedgemalaysia.com/node/740856
1 week ago
Countdown for sharp plunge....b4 the listing of 3X new rights shares on 21 Jan (next Tue)
5 days ago
3 times of new rights shares @ Rm0.08 going to list on 21 Jan
Better sell all yr shares now b4 it plunge further
4 days ago
Boss is happily selling at 0.10+ to u all
His 3X rights shares@ Rm0.08 is coming tmr
2 days ago
Addendum(for Najib Razak) why bring up suddenly after 1 year? Poor stock market as no 1 reason?
1 day ago
https://klse.i3investor.com/mqtrader/app/fa/price_target/0060
========================================
Support: 0.15/0.13 | Resistance: 0.19/0.21
good luck
=========================
0.17
0.22
0.27
0.33
0.39
0.46
0.57
3 hours ago
Finance(money lending already profitable) counter where can find in Bursa cheap like HM?
3 hours ago
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jt18
They submitted. Waiting for Bursa approval and announcement
2024-07-19 14:47