SANICHI (0133): News and Blogs

CASH RICH FROM SHARES CONSOLIDATION FOLLOWED BY RIGHTS ISSUE WITH FREE WARRANTS.
NOT FROM REAL BUSINESS PROFITS.
OTHERS INCLUDE PASUKGB, PDZ, MTOUCHE, KANGER, NETX, ETC THAT HAD SIMILAR EXERCISES TO DID SHARES CONSOLIDATION AND RAISE FUND FROM SHAREHOLDERS VIA RIGHTS ISSUE

2022-03-01 11:52

Michael R.

Usesless... 10k% drop in financial performances... Co more interested to buy n sell shares ... Someone could be profitong for their losses... Beware consolidation anytime if many retailers join in.. if none then they will turn to bullish??

2022-03-01 21:47

Michael R.

Cash rich from RI is useless from retailers pov..

2022-03-01 21:48

As of 31 December 2020 Sanichi NTA was RM0.14 Number of shares outstanding 2 Billion. According to historical data from Yahoo Sanichi closing price on 1 March 2021 was RM0.17 Now with number of outstanding shares at only 1.4 Billion higher NTA at RM0.20 & more cash rich are investors who have subscribed to the RI being duped to panic sell for smart buyers to buy & collect cheap? Investors forget history. easily swayed by sentiments

2022-03-01 21:57

fl888

If follow Netx, will be good?

2022-03-01 22:02

I waiting another round of Consolidation
Sanichi is one of the best consolidated company - they practice it annually

2022-03-03 12:19

malinfan

Dead, , , Two sen now.... Sikaliao!

2022-03-08 12:19

Never know we can lost 99.9% in a stock
Sanichi is one of the stock make this happen
Consolidate and waterfall and consolidate

2022-03-08 12:48

Possibility a substantial shareholder today kena forced selling

2022-03-08 13:18

Those who throw out at RM0.025 definitely lose money if subscribed to RI. Sanichi BS is solid with RM139.2M more liquid assets than total liabilities. Sanichi has sufficient cash runway for more than 3 years if maintain current positive free cash flow. Don?t understand why shareholders are so negative.

2022-03-11 13:29

If everyone read the figure in the result and believe the value, all is Warren buffet .
The figure can be manipulate! Is Malaysia

2022-03-15 11:40

In Malaysia the easiest to verify and audit is cash balance. The fact that from Sanichi latest financial reports of cash RM154M is good enough. I doubt this figure can be manipulated

2022-03-15 16:03

Now wonder it worth 0.025 cents.
Sanichi must be proud if all share holder so positive like u and support them for another round of consolidation

2022-03-17 12:24

Moral of the story in Malaysia stock
You dont need to have a great bussiness or good revenue
Just need hire a powerful Accountant

2022-03-17 12:25

Go go sanichi
U are full of cash that generate from RI
Market up , u dpown
Market Down , u down
Economy good , u consolidate
Economy bad , u ESOS

2022-03-17 16:44

When u click sanichi graph for 1 year duration , u can see the ECG heart of a dead man .... such a cute graph
Ching Ming can pray pray Mr Sanichi

2022-03-21 22:59

KLSE green back to 1600 soon . Sanichi claimed to cash rich - verified by Mathematician in this forum and soon to make shareholder rich during Ching Ming

2022-03-23 15:05

Icon 888

Penny world

2022-03-24 00:23

Go go Sanichi
If selling Bra caelly can do it , sure Cash rich sanichi can

2022-03-28 09:48

Icon 888

Hell stock

2022-03-29 07:39

Nvrmind our cash reduce, since sanichi still CASH RICH. Even all shareholder lost money also no need worry . This company still Cash Rich and NTA above 0.2 - Mathematician

2022-03-29 10:24

Sanichi always in 0.025-0.03 for years
Before consolidate also at such price , aft consolidate few time also at that price

Cash rich company but all shareholder broke

2022-03-31 15:24

Sanichi daily routine
Morning 0.025 , evening 0.03..... Continue for a years till next consolidation

2022-04-05 09:35

Icon 888

Hit n run

2022-04-06 02:03

linheng

How can a penny stock lost 10.27 cents per share for the last financial year. Curi

2022-04-07 10:46

Hit and hit and hit and hit but never run ..... Multiple hitting

2022-04-07 11:33

Sanichi just released 2021 AR. Now the top 30 shareholders control 32% compared to 2019 AR the top 30 shareholders controlled 62% Too many smaller shareholders taking profit at the slightest opportunity. PCH only holds 8M as of 30 March 2022. Will he give up control and exit Sanichi?

2022-04-29 10:20

PCH up for election at Sanichi AGM Holds only 8M shares Have to depend on friendly parties for votes. If hostile minority shareholders more than friendly attend AGM and vote against resolution PCH will lose BOD seat

2022-05-05 10:36

I wonder got any shareholder able to take profits in this company?

2022-05-06 12:48

Why still haven announce consolidation + Right issue ? Suppose is annual event for sanichi ....

2022-05-10 10:20

Those of you who have lost money in Sanichi should register to attend the AGM and voice your unhappiness at the current state of affairs in the company. Put on record your disappointment and. try to get some answers from the BOD

2 months ago

How can shareholder lost money - Sanichi is cash rich company in their report .
Sure all shareholder earn tonnes money from multiple consolidation

2 months ago

Cash rich company making negative profit again .... time for right issue

2 months ago

fl888

ya lah still got RM150 million......nta 20cts....but market 2.5cts....Pang Sai , why ????

2 months ago

Great accountant . And is Malaysia .
That is your WHY

2 months ago

clp72

900 mill in shares issues since 2020, half of those through ESOS, shares can be diluted by small group of people

1 month ago

15 June

Time Price Qty Type
16:44:40 PM 0.030 100 Seller
16:44:34 PM 0.025 35,000 Buyer
16:37:10 PM 0.025 54,000 Buyer
16:36:44 PM 0.025 6,000 Buyer
16:28:45 PM 0.025 30,000 Buyer
16:28:45 PM 0.025 47,600 Seller
16:28:45 PM 0.025 300,000 Seller
16:28:44 PM 0.025 52,400 Seller
16:28:31 PM 0.025 52,400 Seller
16:28:31 PM 0.025 200,000 Seller
16:28:31 PM 0.025 47,600 Seller
16:21:15 PM 0.025 100,000 Seller
16:16:38 PM 0.025 20,000 Seller

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Be aware of supported closing price with 100 shares !!!

1 month ago

Consolidation is coming. Every cycle around 0.025 will trigger them to consolidate , and repeat the drop and issue right

1 month ago

Lower than price before consolidation

1 month ago

BILLC

Hidup pang chow sai,,,

1 month ago

Waiting consolidation for the 10th time

1 month ago

FOR NEWBIES

METRONIC GLOBAL BERHAD

Particulars of Substantial Securities Holder
Name SANICHI TECHNOLOGY BERHAD

Date interest acquired 13 Jul 2022
No of securities 193,666,666
Subscription of ordinary shares pursuant to Rights Issue with Warrants
Direct (units) 198,166,666
Direct (%) 13.068
Date of notice 13 Jul 2022

https://www.klsescreener.com/v2/announcements/view/3579903

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Directors utilised company fund to invest in other loss making penny stock
Possible that directors might raise more fund via share issuance to PP or ESOS or RI when company fund runs low

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

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TAYOR, set realistic target

1 month ago