M N C WIRELESS BERHAD
KLSE (MYR): MNC (0103)
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Last Price
0.125
Today's Change
0.00 (0.00%)
Day's Change
0.125 - 0.125
Trading Volume
96,000
Overview
Market Cap
30 Million
NOSH
236 Million
Avg Volume (4 weeks)
61,915
4 Weeks Range
0.125 - 0.16
4 Weeks Price Volatility (%)
0.00%
52 Weeks Range
0.095 - 0.175
52 Weeks Price Volatility (%)
37.50%
Previous Close
0.125
Open
0.125
Bid
0.125 x 35,000
Ask
0.135 x 54,200
Day's Range
0.125 - 0.125
Trading Volume
96,000
Financial Highlight
Latest Quarter | Ann. Date
31-Jul-2023 [#1] | 27-Sep-2023
Next QR | Est. Ann. Date
31-Oct-2023 | 23-Dec-2023
T4Q P/E | EY
-3.71 | -26.98%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.32 | 0.39
T4Q NP Margin | ROE
-61.45% | -10.55%
Market Buzz
Company Profile
Sector: TELECOMMUNICATIONS & MEDIA
Sector: TELECOMMUNICATIONS & MEDIA
Subsector: TELECOMMUNICATIONS EQUIPMENT
Subsector: TELECOMMUNICATIONS EQUIPMENT
Description:
M N C Wireless Bhd is a Malaysia based company. Its business operates through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which is involved in consultations, sales, marketing and implementation of m-business solutions, management of content resources business, and other related multimedia services. The Mobile Applications segment generates maximum revenue for the company.
Discussions
4 people like this. Showing 50 of 2,617 comments
FOR NEWBIES
LKL and IMPIANA are the latest high NOSH penny stock to join the list of share consolidation stocks.
https://www.klsescreener.com/v2/announcements/view/3567035
2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
================
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
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
====================
TAYOR, set realistic target
2022-06-17 21:28
FOR NEWBIES
QR is out
Another quarter of losses
Also meaning another year of losses
Profit/(loss) attributable to ordinary equity holders of the parent -775,000
https://www.klsescreener.com/v2/announcements/view/3573319
=================
As usual MOU status update :- no material development on the status of the MOU as announced previously
https://www.klsescreener.com/v2/announcements/view/3573339
https://www.klsescreener.com/v2/announcements/view/3573341
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
Be careful trading high NOSH loss making penny stock
====================
TAYOR,
2022-06-30 15:42
FOR NEWBIES
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3280558
Announcement dated 2 August 2022
===================
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
List of penny stocks with shares consolidation:-
2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
====================
TAYOR, set realistic target
2022-08-02 09:10
FOR NEWBIES
MNC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 29 August 2022.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287761
===================
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
List of penny stocks with shares consolidation :-
2022 in progress - MNC, MERIDIAN, LKL, IMPIANA, FAST, VSOLAR
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
====================
TAYOR, don't be caught in share consolidation exercise
2022-08-30 11:01
FOR NEWBIES
M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY")
(i) proposed consolidation of every 10 existing ordinary shares in MNC (“MNC Shares” or “Shares”) into 1 MNC Share (“Consolidated Shares”) (“Proposed Share Consolidation”); and
(ii) proposed bonus issue of up to 94,734,940 new warrants in MNC (“Warrants C”) on the basis of 3 Warrants C for every 8 Consolidated Shares held on an entitlement date to be determined and announced later (“Proposed Bonus Issue of Warrants”).
Further details of the Proposals are set out in the attachment below.
This announcement is dated 29 August 2022.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287761
================
Loyal long term shareholders likely to incur huge losses
2022-08-30 11:07
Has the Consolidation date decided yet? When will the consolidation take effect?
2022-09-01 10:05
https://www.theedgemarkets.com/article/edge-former-editorinchief-charged-criminal-defamation-reporting-abnormal-penny-stocks-surge
Difficult to prove manipulation ?
Many innocent retail investors incurred huge losses !!!
2022-09-13 15:44
FOR NEWBIES
BONUS ISSUE OF UP TO 94,734,940 NEW WARRANTS IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN MNC HELD AT 5.00 PM ON 10 NOVEMBER 2022 ("BONUS ISSUE OF WARRANTS")
Shareholder's Approval No
Ex-Date 09 Nov 2022
Entitlement date 10 Nov 2022
Entitlement time 5:00 PM
==========
Loss making penny stock giving bonus warrant.
Be careful holding worthless warrant on expiry date
Warrants to enrich operators, big shareholders and directors?
======
TAYOR, not many things free in life
2022-10-25 11:32
FOR NEWBIES
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("MNC SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 8 NOVEMBER 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 07 Nov 2022
Entitlement date 08 Nov 2022
https://www.klsescreener.com/v2/stocks/announcement/0103/2468099
====================
BONUS ISSUE OF UP TO 94,734,940 NEW WARRANTS IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN MNC HELD AT 5.00 PM ON 10 NOVEMBER 2022 ("BONUS ISSUE OF WARRANTS")
Ex-Date 09 Nov 2022
Entitlement date 10 Nov 2022
Entitlement time 5:00 PM
https://www.klsescreener.com/v2/stocks/announcement/0103/2468105
=================
On behalf of the Board, TA Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants C at RM0.09 per Warrant C.
The exercise price of the Warrants C represents a discount of approximately 8.16% to the theoretical adjusted 5-day VWAP of MNC Shares of RM0.098, calculated based on the 5-day VWAP of MNC Shares up to and including 20 October 2022 (being the last trading day before the date of this announcement) of RM0.0098 and after adjusting for the effects of the Share Consolidation.
This announcement is dated 21 October 2022.
https://www.klsescreener.com/v2/announcements/view/3626381
=================
Take note of ex-date for shares consolidation, bonus warrant and warrant exercise price
NOSH = 2,318,535,813 will be consolidated to 231,853,581 shares
================
TAYOR
2022-10-26 09:32
THE BIG BOSSES START TO MOVE THE RM30MIL. CASH DEPOSIT INTO OTHER RECEIVABLE,.........YOU WILL SEE THESE MONEY BEING WRITE OFF EVERY QUARTER AS LOSES
2022-11-07 10:53
Managed to buy at 0.12 and sold all at 0.135. RM6k profit in not more than 4 minutes. Maybe it will go up even higher after this, I don't know and nor do I care. Goodbye all and may God bless those with good hearts.
-----------------------------------------------------------
bojed
Interesting.
1 day ago
2022-11-07 11:56
THE BIG BOSSES ARE LOOTING THE COMPANY,........DO YOU THINK YOUR SHARE WILL GO UP ?.........THINK WISELY,........DO YOU THINK THE BIG BOSSES WILL DUMP OR BUY MNC ?
2022-11-07 20:49
can help me calculate? initially i got 60000 unit at 0.015. now suddenly become 0.13. what happen? do i earn or lose? i already sell it very early. just wanna now how does the magic happen
2022-11-08 10:35
share consolidate then bonus issue....
dont normally consolidate then OR then deadfish?
2022-11-10 14:52
If I sold mothershare on 10/11, would i still get the bonus warrant? Anyone knows?
2022-11-15 13:08
THE BIG SHOTS IS VERY SMART,.........
MINING PUBLIC FUNDS FOR THEIR OWN BENEFITS,......
INJECT FEW MIL. INTO MNC,......
AFTER THAT DUMPING THEIR SHARES TO YOU,.........
COLLECT THEIR CASH BACK,........& DO IT AGAIN !
SPENDING THE MNC CASH FOR THEIR OWN BENEFITS,......
FOREVER ,.....YOU WILL BE THE LOSER,........
2022-11-19 14:25
Went in again last Friday at 0.14... what can I say? I'm only human LOL!
-------------------------------------------------------------------------------------------------
bojed
Managed to buy at 0.12 and sold all at 0.135. RM6k profit in not more than 4 minutes. Maybe it will go up even higher after this, I don't know and nor do I care. Goodbye all and may God bless those with good hearts.
-----------------------------------------------------------
bojed
Interesting.
1 day ago
2 weeks ago
2022-11-22 09:50
I had to sell all at 0.135 this morning due to MNC changed to non-shariah compliant today.
~4% loss. Even if I have to cut at -40% loss also won't be a problem because of my principle.
-------------------------------------------------------------------------------------------------
bojed
Went in again last Friday at 0.14... what can I say? I'm only human LOL!
-------------------------------------------------------------------------------------------------
bojed
Managed to buy at 0.12 and sold all at 0.135. RM6k profit in not more than 4 minutes. Maybe it will go up even higher after this, I don't know and nor do I care. Goodbye all and may God bless those with good hearts.
-----------------------------------------------------------
bojed
Interesting.
1 day ago
2 weeks ago
3 days ago
2022-11-25 10:12
this funny 1 if u dont know the maths behind after consolidation/bonus u are screwed real hard
ANN DATE EXP DATE
21-Oct-2022 09-Nov-2022 BONUS_ISSUE Bonus Issue 3.0000 : 8.0000
21-Oct-2022 07-Nov-2022 CONSOLIDATION Share Consolidation 1.0000 : 10.0000
2022-11-25 15:31
10 BECOME 1 mother share
then every 8 mother share, free 3 warrant C.
actually now looking at warrant WC, i think u make money back a bit
2022-11-25 15:33
RM30MIL. HAVE BEEN MOVE TO OTHERS RECEIVABLE,.........
THE MONEY BEING PARKED IN THEIR POCKET ALREADY,........
MEAN THE BIG SHOT WILL VACANT THEIR POSITION IN MNC VERY SOON,......
THEIR HOLDING WILL BE LESS THAN 5%,........
THEY WILL DUMP EVERYTHING TO YOU,.........
& SUBSCRIBE THE NEW RIGHT ISSUE AT VERY CHEAP PRICE,........
DO YOU THINK IS WORTH TO BUY MNC NOW ?.........
DON`T KNOW HOW MANY ROUND THEY WILL DO SOMETHING LIKE THIS,.........
IF YOU INVEST IN THEM, YOU WILL BE DEAD !........
& CHEW YOU DOWN TO NOTHING !
2022-11-27 10:54
GAMES NOT OVER YET, DON`T BE TOO HAPPY !
IF THE RUBBISH BOSS CALL FOR SHARE CONSOLIDATION AGAIN TO TRAP YOU ,........
SHARE CONSOLIDATION 5 TO 1 OR 10 TO 1,.........
WHAT WILL YOU DO ?..........
THE RUBBISH BOSS DUMPED MNC TO 2SEN LEVEL,........
HOW ARE YOU GOING TO RECOVER YOUR LOSSES ?.........
THEY MAY CALL FOR RIGHT ISSUE AT 10SEN,........
YOUR COST ARE MORE THAN 75SEN !...NOT INCLUDE EARLIER SHARE CONSOLIDATION !
WORTH IT ?
2022-11-28 07:46
WHAT I CAN GUESS,......
MNC WILL CALL FOR SHARE CONSOLIDATION AGAIN,........
WITH LARGE AMOUNT OF RIGHT ISSUE AT FEW SEN,.......
IF YOU ENTER NOW,.......
YOU WILL BE PUSHED TO A CORNER,........
WATCHING THE RUBBISH BOSS TAKING BACK BIG CONTROL OF YOUR COMPANY,........
YOU BECOME VERY TINY SHAREHOLDERS PAID A VERY HIGH PRICE,........
2022-12-02 08:07
DO YOU KNOW THAT, FIRST ROUND 10 TO 1 SHARE CONSOLIDATION & SECOND ROUND SHARE CONSOLIDATION 5 TO 1 MEAN TOTAL 50 TO 1
2022-12-04 07:58
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
2023-02-08 10:46
FOR NEWBIES
Investment in other penny stocks
https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all
1. Notice of Person Ceasing (Section 139 of CA 2016)
BCM ALLIANCE BERHAD
Particulars of Substantial Securities Holder
Name M N C WIRELESS BERHAD
Date of cessation 26 Aug 2021
No of securities disposed 14,945,000
Date of notice 07 Sep 2021
===============
2. Notice of Person Ceasing (Section 139 of CA 2016)
SANICHI TECHNOLOGY BERHAD
Particulars of Substantial Securities Holder
Name M N C WIRELESS BERHAD
Date of cessation 24 Jun 2021
No of securities disposed 38,989,500
Date of notice 28 Jun 2021
===================
3. Notice of Person Ceasing (Section 139 of CA 2016)
METRONIC GLOBAL BERHAD
Particulars of Substantial Securities Holder
Name M N C WIRELESS BERHAD
Date of cessation 04 Dec 2020
No of securities disposed 37,173,800
Date of notice 19 Feb 2021
=================
Have to verify whether MNC still currently invested in above loss making penny stocks
=================
When company fund depleted, directors can easily raise fund via shares issuance to PP, ESOS or RI
2023-03-22 16:01
FOR NEWBIES
M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY")
- UPDATE ON MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN MNC AND HOT TV ENTERTAINMENT SDN. BHD. ("HOT TV")
Further to the Company's announcement made on 23 December 2022 pertaining to the MOU made between the Company and Hot TV to kick-start its Lifestyle e-commerce Platform by expressing its interest to acquire, invest, develop or collaborate with Hot TV, the Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU as announced previously.
This announcement is dated 30 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340500
================
M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY")
- UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED BETWEEN MNC AND SANICHI PROPERTY SDN. BHD. ("SPSB")
Further to the Company's announcement made on 23 December 2022 pertaining to the MOU made between the Company and SPSB for the purpose of providing online leasing or short-term luxury rental service for 120 units of Marina Point, SPSB’s property project located at Lot 129, Klebang, Melaka, the Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU as announced previously.
This announcement is dated 30 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340501
=================
As usual, many MOUs made and most of them are likely terminated in due time
Directors might issue more MOUs to create excitement to attract punters, investors and newbies
2023-03-31 10:37
FOR NEWBIES
Profit/(loss) attributable to ordinary equity holders of the parent -1,322,000
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3340499
============
Another quarterly result, another quarterly loss
Still remain a multi-quarter, multi-year loss making company
================
https://www.klsescreener.com/v2/stocks/view/0103/m-n-c-wireless-berhad
Share consolidation and bonus warrant in Nov 2022 :-
21 Oct 2022 09 Nov 2022 Bonus Issue (warrant) 3.0000 : 8.0000
21 Oct 2022 07 Nov 2022 Share Consolidation 1.0000 : 10.0000
=============
NOSH = 232,032,876
PA = 14,273,250
WB = 2,995,923
WC = 86,955,690
================
Current NOSH less than 250 million shares, very lean
Be aware directors might raise more fund via share issuance to PP, ESOS or RI
Massive share issuance might increase the NOSH to BILLION shares again and causing dilution to shareholders equity % and EPS
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
================
TAYOR
2023-03-31 10:50
FOR NEWBIES
DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, M N C Wireless Berhad (“MNC”) wishes to announce that the aggregate purchase consideration of quoted securities for the preceding twelve (12) months which has not been announced, has exceeded 5% of MNC’s latest audited consolidated net assets, details are as follows:-
RM % of MNC’s latest audited consolidated net assets
a. Aggregate purchase consideration within the preceding twelve (12) months 5,717,281.18 6.75%
b. Investments in quoted securities as at 8 May 2023
- Total Cost 4,434,071.51
- Total Book Value 3,485,033.03
- Total Market Value 3,485,033.03
This announcement is dated 9 May 2023.
https://www.klsescreener.com/v2/announcements/view/4807179
======================
Penny stock directors using company fund to invest in other penny stocks
Incurring Paper losses
Directors have power to raise fund via share issuance to PP, ESOS or to acquire assets causing dilution to shareholders equity % and EPS, if any
=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
===============
2023-05-09 14:58
FOR NEWBIES
Another quarter of losses
Profit/(loss) for the period -2,473,000
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3365510
Multi quarter, multi year loss making company
After share consolidation (10:1) in Nov 2022, NOSH is at a low of 232,367,876 shares
Directors might again raise fund via shares issuance to PP, ESOS or RI to increase the NOSH and dilute shareholders equity %
https://www.klsescreener.com/v2/stocks/view/0103/m-n-c-wireless-berhad
===============
no material development on the status of the MOU
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3365514
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3365513
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
2023-06-30 13:34
Resistance: 0.15/0.17
=======================
SHORT/MID /LONG TERM
0.17
0.21
0.26
0.32
0.38
0.45
0.56
2 days ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fatman
Can someone tell me what is happening which 0.015 is unlimited selling?
2022-06-16 11:12