报喜不报忧 or 报忧不报喜 meaning report the good news ignoring the bad news or vice versa..since a lot being highlighted on the cons ('kons'), I would like to balance the discussion highlighting more on the pros.

I have come across two good read articles on value investing and would like to share, hopefully the articles can provide an answer to the 'half-truth' on the recent penny stocks valuation scenario..

 https://www.smartinvestor.com.my/value-investing-malaysia/

 https://focusmalaysia.my/value-investing-during-the-covid-19-pandemic/

Below are my discussion with few Forumers on value investing and Half-truth:

1. Value investing and cost averaging

@Forumer1: My average price is 0.05 so almost lose all. Price now so low so I rather wait for rebound rather then sell it. Price too low..I am not willing to sell it..worse let the stock delist and I lose all. I want to bet big and bought at 0.01...
10/12/2021 5:57 PM

BLee: Hi @Forumer1, hope a very good trading week ahead for you. Is the price of 0.05 already after 0.01 cost averaging? IMHO, you will never lose if you invest in strong NTA counters with spare $..

@Forumer2: FINTEC investment game in NETX

Penny stocks speculating/investing in other penny stocks, a trend taken by many low-price loss making penny stocks companies

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

Trade wisely, set realistic target

Monitor financial results, share issuance exercises, company investment in quoted securities
08/12/2021 12:05 PM

BLee: Hi @Forumer2, hope you also have a fruitful trading week ahead of you. A very fair 'warning' on Trade wisely.
From another angle, likewise, I would have cost average if the counter price had fallen so much compared with NTA..Value investing.

Example of recent Penny stocks value investing with good NTA:
Fintec at 1sen vs NTA of 8.72sen
NETX at 13.5sen vs NTA of 18sen
Seacera at 19sen vs NTA of 1170sen
Saudee at 6sen vs NTA of 17.46sen
GOcean at 2.5sen vs NTA of 6.33sen

The 'half-truth' on consolidation shall consider this value investing..Ratio won't diminish.

Another 'half-truth', money used in share market purchasing just supporting share price, won't be part of companies cash flow and can't use to buy other counter. ESOS, PP and others fund raising can only be used for specific purpose only, ALL regulated. How logical is the 'kon' theory?

Happy trading and TradeAtYourOwnRisk

11/12/2021 5:18 PM

2. The 'Truth' on fund raising exercise is regulated and CANNOT be used for other purposes.

Dec 8, 2021 11:44 AM

@Forumer3: Take this opportunity to sell lah!

Posted by Forumer3 > Dec 7, 2021 3:58 PM

FOR NEWBIES

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
GREEN OCEAN CORPORATION BERHAD

Particulars of substantial Securities Holder
Name FOCUS DYNAMICS GROUP BERHAD

BLee: Hi @Forumer3, what's wrong buying low for cost averaging? This is the opposite of statement of "kon group informer" as attached below:

@Forumer4: Most of this companies not focus on their core business but only issue pp/esos/RI/consol and use investor's fund to buy others penny stocks at much higher price than market then dump the shares price to super low.

BLee: Buy high also wrong, pumping shares, kon..
Buy low also wrong, kon investment..
Sell high also wrong, dumping shares, kon...
Sell low also wrong, driving price down, kon
So much contradiction, no need to trade is ALL correct..

I am replying for the purpose of defending my investment from the Half Truth discussion. My investment in Focus D-PA at 1sen which subscribers paid at 5.5sen during RI, can't lose much..Please do NOT make the same mistake (project in Perak but talk in China) posted in Ageson forum, will lose credibility.

Happy trading and TradeAtYourOwnRisk

Dec 15, 2021 9:39 AM

@Forumer5: XOX BHD ("XOX" OR "THE COMPANY")
- EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT EXERCISE
- Cash rich company fund waiting to be utilized.
Yet directors continue to raise more fund by issuing new shares to ESOS and private placement

TAYOR
15/12/2021 12:00 AM

BLee: Hi @Forumer5, hope you have a fruitful trading day. For information, I don't own any XOX shares, only invested in KGroup which is majority shareholders of XOX, indirectly would like to discuss more information on the announcement.

To quote "The Proposed Extension of Time is to provide additional time for the Group to utilise the balance proceed relating the rebranding exercise to reposition the XOX brand into a Fintech solution and telecommunication provider as the said exercise has been delayed due to COVID-19 pandemic" proving the PP exercise CANNOT be used for investing in others Penny counters or NOT for other purpose as regulated. This is the 'half-truth' being untold, highlighting otherwise all over in others forums..

My main purpose of discussion is to protect my investment in KGroup, no other ulterior motive.

Happy trading and TradeAtYourOwnRisk

3. PP: The 'Truth' on interest free cash and NO repayment.

Dec 13, 2021 11:08 AM
@Forumer6: Problem is this Fintec issue share (ESOS) lower and lower . Share price move with the ESOS price . If they issue ESOS at 0.07 or 0.08 regardless the share price movement ,then current 0.01 to 0.005 price will not happen . Top 4 gloves buy back share and give Dividend.

13/12/2021 10:14 AM

BLee: Hi @Forumer6, you are absolutely correct, each ESOS/PP issuance get 10% discount and so many tranches. Which companies have zero borrowing? ALL Fintec cash coffers by 0% interest fund raising..but great NTA dilution as ESOS/PP don't involve shareholders.
Pros: interest free cash and no repayment
Cons ('kons'): Market price down and increase in NOSH

Short term speculators/shareholders will suffer. Due to the market price down, those with cash can enter at a low price, but don't know how low is low. My entry at 2sen is already at 25 to 50% loss, just down by one or two ticks..easily recover if market hopefully improves.

Happy trading and TradeAtYourOwnRisk.

'Half-truth' on consolidation.

Dec 10, 2021 10:51 AM

BLee: Hi @Forumer7, hope you have a very good trading day. I think you did the right move of cost averaging, especially for those who have holding power. In bear markets, ALL stocks seem to be 'kon' stocks.

A very balanced view on PP for info.
Link: https://www.thestar.com.my/business/business-news/2021/04/10/private-p...

Consolidation is NOT a problem as it only involves shareholders and no dilution involved. Companies that plan to issue PP have no advantage to reduce NOSH as PP issuance based on % of NOSH, will get less funding. This is the untruth portion of the half-truth. PP for 2022 will be reduced back to 10% of NOSH, I hope..

I am speechless on the ESOS, too many times!!

Happy Trading

4. The 'Truth' on heavy children or just Fund raising instrument?

The more the merrier..HIGHER NOSH means higher fund raising value, consolidation means lower NOSH get lower fund raising value. This is another stories of two sides of a coin.

Blog: AGESON: How is it related to Fintec Group?

Dec 5, 2021 11:53 PM | Report Abuse 

Another discussion on 'cash raising' warrants and preference shares which might be considered con issues?

Stock: [FINTEC]: FINTEC GLOBAL BERHAD

Nov 17, 2021 11:38 AM

@Forumer8:

===========================
Total issued shares = 5,287,940,331
WA = 170,092,838
WB = 116,443,428
WC = 1,146,126,828

===========================
Very heavy with 3 children

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

TRADE WISELY, don't be caught with corporate exercise that is not beneficial to retail shareholders

17/11/2021 10:38 AM

BLee: Hi @Forumer8, hope you have a very good trading day. Agreed that, PP and ESOS might NOT be beneficial NOT only to retail shareholders, it should be to ALL shareholders..

I am against PP and ESOS due to the 5 days VWAP price setting and usually at 10% discounted price...it might have other benefits such as interest free cash.

As I have posted earlier, if WA, WB and WC exercises, the conversion will increase the cash coffer in Fintec.

16/11/2021 11:35 AM

Rome is not built in a day; therefore it take time for most investment to reach any result..TQ

Happy trading and TradeAtYourOwnRisk.

I apologise if I did hurt the feelings of some forumers, purposely remove fictitious names to not directly address the forumer..

Sources: i3investor and other internet surfing.

Happy trading and TradeAtYourOwnRisk.

Disclaimer: The above opinion does not represent a buy, hold or sell recommendation; just a personal opinion and for sharing purposes only. Any offences and errors are unintentional; my apology in advance.