FOR NEWBIES
Avoid trading these stocks
If can't then :
List of selected penny stocks with
1. total share issued exceeding billion shares or
2. losses in several consecutive quarters / years
3. massive fund raising exercises via rights issue or
4. frequent share issuance to ESOS & Private Placement or
5. shares consolidation or massive rights issue
6. share split exercise resulting in total issued shares exceeding billion
AEM, ANZO, AT, BCMALL, BORNOIL, COMPUGT, DAYA, DGB, DIGISTA, DOLPHIN,
EAH, EDUSPEC, FINTEC, FOCUS, GOCEAN, ICON, IMPIANA, JOE, KANGER, KGROUP,
LAMBO, M3TECH, MACPIE, MINDA, MLAB, MMAG, MNC, MTOUCHE, MTRONIC, NETX,
NEXGRAM, OVERSEA, PASUKGB, PDZ, PERDANA, PERMAJU, PHB, PNEPCB, PUC, PWORTH,
SANICHI, SAUDEE, SCOMI, SINARAN, TALAMT, TIGER, TRIVE, VC, VSOLAR, XOX
AAX, AIM, ALAM, G3, HUBLINE, JOHAN, KOMARK, TANCO, TAWIN, VINVEST, XDL
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad 1. past quarterly and annual financial results 2. fund raising announcement 3. share issuance for ESOS, PP 4. MOUs and agreements 5. Other announcement like non-related party transaction 6. Total issued shares, EPS 7. Warrants related to underlying stock 8. Details information of each warrant
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AS AT 10/9/21 AEM = 2,163,629,262; WB = 1,081,720,597 ANZO = 1,116,163,660; WB = 32,991,025 AT = 4626573475; WC= 439053650 BCMALL = 1564702087; WA = 782350787 BORNOIL = 7955289,529; WC = 1734679850; WD = 378683984 COMPUGT = 3819701863 DAYA = 2042945854 DGB = 1621928666; WC = 478188586 DIGISTA = 1048916802; WB = 81678141; WC = 260384403 DOLPHIN = 935748431; WB = 183150003 EAH = 5072360564; WD = 993885016; WE = 1087061194 EDUSPEC = 2498967361; WB = 275453358 FINTEC = 4475664574; WA = 170092838; WB = 116443428; WC = 1146126828; PA = 254308135 FOCUS = 6372205736; WD = 3066399051; PA = 903363292 G3 = 2164246748; WA = 310753164 GOCEAN = 2111592400; WB = 621430198 HUBLINE = 4289965177; WC = 944837534 ICON = 2703188787; WA = 654515210 IMPIANA = 1294339082 JOE = 3059119200; WA = 611774754; WB = 917735760 KANGER = 5592260364; WC = 2861936149 (pending RI completion) KGROUP = 2554309534; WC = 982103848 KOMARK = 577356548; WC = 240460690 (pending proposed RI completion) LAMBO = 1197091170; WB= 94595020; WC = 398981138 M3TECH = 896183566 MACPIE = 946424339; WB = 431976832
MINDA = 1321905790
MLAB = 1207841090; WC = 440488340
MNC = 1758807413; WA = 188946927; WB = 29959264; PA = 210491300 MTOUCHE = 926719091; WD = 397161708 MTRONIC = 2079778155; WA = 410253977 NETX = 835967337; WC = 313068412 NEXGRAM = 4354983874; WA = 335382607; WB = 159999752; WC = 281684356 OVERSEA = 884754000; WA = 436526991 PASUKGB = 1157793504; WA = 578660588 PDZ = 101117471; WB = 31840224; WC = pending RI completion PERDANA = 2216123041; PA = 25977107 PERMAJU = 932154695; WA = 93535984; PA = 1035924366 PHB = 10598198872; WB = 3137769770 PNEPCB = 527191900; WA = 34455100; WB = 118051442
PUC = 1235314486; WA = 26552111
PWORTH = 499580386 (consolidated 10:1) SANICHI = 1403095414; WE = 100235352; WF = 601311751 SAUDEE = 716354819; WB = 233790060 SINARAN = 703816580 TALAMT = 4295279562 TANCO = 1672685514 TAWIN = 3413589548; WA = 304172581; WB = 1365365814; PA = 19076313 TIGER = 2570121020 TRIVE = 1053018540; WC= 526509027 VIZIONE = 1024780889; WC = 41637190; WD = 302714699 VSOLAR = 4566933699; WB = 821461526 XDL = 2116225664; WD = 902441557
AAX = 4148149102
ALAM = 1433882405; WA = 462226857
G3 = 2164246748; WA = 310753164
HUBLINE = 4289965177; WC = 944837534
JOHAN = 1168028440; WB = 389342813
KOMARK = 577356548; WC = 240460690
TAWIN = 3413589548; WA = 304172581; WB = 1365365814; PA = 19076313
VINVEST = 906455000; WE = 107472345 (after share consolidation)
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TRADE AT YOUR OWN RISK. GOOD LUCK.
What is share consolidation?
Share consolidation is a corporate action conducted by the company with the intention to reduce its number of shares trading on the stock exchange. It does so by reducing the number of shares held by its existing shareholders.
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Price Chart #1 As At 7/9/21 5pm
Price Chart #2 As At 7/9/21 5pm
Price Chart #3 As At 7/9/21 5pm
Price Chart #4 As At 7/9/21 5pm
Created by whistlebower99 | Sep 06, 2021
Created by whistlebower99 | Jul 21, 2021
Created by whistlebower99 | Jul 20, 2021
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")
KANGER is undertaking above RI to purchase 126 units of serviced suite at ANTARA@Genting Highlands for RM142 million from Aset Kayamas. It is a new development to be completed in 2024 if no delay.
Today is last day for OR trading.
The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.
2021-09-07 16:54
Some are true, but many are ill intention information, misleading because only try to point on negativity only.
2021-09-07 17:00
Why Issue a Rights Offering?
Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its current financial obligations. Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money.
However, not all companies that pursue rights offerings are in financial trouble. Even companies with clean balance sheets may use rights issues. These issues might be a way to raise extra capital to fund expenditures designed to expand the company's business, such as acquisitions or opening new facilities for manufacturing or sales. If the company is using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.
2021-09-07 17:06
Rights Offering ... a corn scheme, to corn us to give away our hard earn moni ?
2021-09-07 17:21
...... However, not all companies that pursue rights offerings are in financial trouble------------- If the company is REALLY using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.
MY IDEA IS BE FAIR IN MAKING CONCLUSIONS...
We are free to judge the Fintec group based on OUR own observation. He He
2021-09-07 22:15
whistlebower99 ........ The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.
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Not necessarily TRUE.
I think the main cause is, the share price kept transacted below the right issue price. The confidence to subscribe for the right issue of shares was at low level, therefore only few shareholders has opted to buy the OR.
IF THE COMPANY LET THE SHARE PRICE BELOW THAN THE SUBSCRIPTION PRICE UP TO THE LAST DATE OF SUBSCRIPTION AND PAYMENT, I THINK THE PERCENTAGE OF SUBSCRIPTION FOR THE RIGHT ISSUE BY ITS CURRENT SHAREHOLDERS WILL BE VERY LOW.
2021-09-08 06:50
of all the companies listed above by the author, how many are actually making profit? If you are speculating on loss making companies, the outcome can be very bad for you..
2021-09-08 10:36
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
hot tips = hot air
i3 forum is littered with stories of the rise and fall of hot and not-so-hot stock pickers. :-)
2021-09-08 11:00
good information & exposure , hopefully newbies don't get trapped. buy credible , with good track record companies...do your own research and back ground check before buying any penny stock..
2021-09-08 12:36
Newbies are born everyday. The compilation is meant to warn them to be careful if they can't resist trading these stocks.
2021-09-08 12:46
IF YOU CHOOSE THE WRONG ONE YOU WILL BE IN DEBT FROM THE BEGINNING OF YOUR CAREER. SERIOUS!
I’LL CHOOSE NONE
2021-09-08 13:00
Penny stocks ... also for oldies to play play for fun n entertainment during the
current pandemic !
2021-09-20 11:32
MZM2511
In general, share consolidation is perceived negatively, especially by investors. When investors see the stock price plummet, share consolidation will be seen as an accounting tactic to save the image of a company that is not performing well. As a result, they usually sell the company's shares, which eventually brings down the price again.
However, as bad as it seems, share consolidation might be able to boost the stock value and the company's prospects. This, quite frequently, attracts new investors to the company and helps resurrect its fortunes.
2021-09-07 16:39