By the way: AS A REMINDER.

When I concluded on the information or comments given by whistlebower99, some are true, but many are ill intention information, misleading because only try to point on negativity only.


Therefore, the main point should be asked to wistlebower99...

Does he own any shares at any counter he posted his information?


Be noted that he never give answer for this question. But:

1. If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

2. If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

Why you think there are people willing to sell at 5.5 when the RI is 6sen ?
---------------
I think, some of them probably among the shareholders who are keep trading from the lowest price @4.5 sen.

I by myself did two small trading transactions which involved 5 sen and 5.5 sen entry price. He He

whistlebower99 You should follow mr kuah to subscribe the RI. You lose confidence in him ? You think he is foolish to pay 6sen for RI and sung master purchase ?
------------------
The confidence matter which is in discussion is just related to the situation involving my investment in the RI. The calculation about the risks and opportunities based on maths and economics theories are always to be considered.

By the way. If you suggested that my confidence on Mr Kuah is losing, It's NOT TRUE.

If it's true, I won't keep my currently held shares, even before the completion of the RI exercise.
Instead, I will hold it even if I'm not subscribing for the new right share issue.

whistlebower99 If you agree with my scenario, then get fresh fund to apply RI and then sell your original shares between closing date and listing date.
--------------------------

A good suggestion. Thank you.

I probably will follow your suggestion to use fresh fund to subscribe some RI shares, if only, at least the price of the shares at more than 6 sen on 14th and 15th of September 2021.

On the last two days of transaction, we can't sell the currently held shares in order to use it as a fund to subscribe the RI shares.

whistlebower99 If you agree with my scenario, then get fresh fund to apply RI and then sell your original shares between closing date and listing date.
----------------------
At the current price which is below its subscription price, I am not gaining confidence on the RI. It's not only because we can't sell the current shares to use it to pay for the subscription, but my stand is based on my older posting....

-------------
For example: Sell now at 5.5 sen. And then later buy RI shares @ 6 sen. Instantly we loss 0.5 sen.

Yes, we can add the value from the free Warrant B that we can have if we subscribe. We can sell it at let say 1.5 sen. The value of one share after subscription will be depend on the market price of the share after the the listing of new RI shares. The NOSH will be greater and the probabilty of the price to be pushed down also greater.

MY FOOLISH LOGIC IS, IF THE PRICE CAN'T BE PUSHED UP BEFORE THE LAST DATE OF THE RI ACCEPTANCE, I'M MORE FOOLISH TO BELIEVE THAT THE PRICE WILL BE PUSHED UP HIGHER AFTER THE LISTING OF THE NEW RI SHARES (at least in the short term after the RI share listing). IT'S THE LOGIC FROM ECONOMICS THEORIES.

@wistlebower99

Its okay. Just to test my theory. My first trial.

If the result on the theory show me the null result. Its still okay what???

I'm not going to lose anything, except just losing an opportunity.

If your suggested scenario are going to be happened, I won't subscribe the RI.
I will hold the current shares then.

OrlandoOilSemiconIoT.....

Waiting to subscribe the RI. Still hoping at least the price will touch 6-6.5 sen in incoming days before 15/9.

OrlandoOilSemiconIoT
---------------------
Its okay dear. Just to test my theory. My first trial.

If the result on the theory show me the null result. Its still okay what???

I'm not going to loss anything. Just losing an opportunity.

I won't subscribe the RI but will still holding the current shares.

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.

---------------
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.

...... 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

The testing process of my simple theory on right issue is still ongoing.
-----------
We have another 5 trading days left which are 8/9,9/9,10/9,13/9 and 14/9 before the last date to subscribe and pay for the right issue on 15/9.

Yes, the time is getting shorter. I hope there is still enough time for the price to be cooked up.

TAYOR

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.

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.

---------------
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.

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.

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.

@wistlebower99. You are still the original you.

Some infrormation are true, but many are ill intention information, misleading because only try to point on negativity only.

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.

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.

Some are true, but many are ill intention information, misleading because only try to point on negativity only.

Some are true, but many are ill intention information, misleading because only try to point on negativity only.

Whistlebower99. I'm waiting and preparing to subscribe the RI. Still hoping at least the price will touch 6-6.5 sen in incoming days before 15/9.

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.

whistlebower99 MZM, operator want fresh fund for RI not recycled fund from selling your shares
---------------------
Fresh fund or recycled fund can be the same. As, the right has been subscribed, the fund will flow in to the company. I think, even the retailers ( you referred it as fresh fund) won't subscribe if they can buy the share @ 5 sen in the market.

wistlebower99. I'm still kicking. Waiting to subscribe the RI. Still hoping at least the price will touch 6-6.5 sen in incoming days before 15/9.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false, an ill intention information, misleading and some are only based on his wild accusations. If he doesn't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

@wistlebower99. Thanks for updates on Lambo RI.
Hope the Kanger RI also will be a success.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false?
-----------------
Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.

The main point should be asked to wistlebower99 is, does he own any Kanger shares???

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he has BAD INTENTION on Kanger and its shareholders

whistlebower99 MZM2511, the BOMOH KELAPA, takda bola berani nak masuk NEXGRAM.

OKU2020 miss you.
---------------

What? Is it true that your ID also one the clone ID of OKU_2020? The ill intention spammer with 1,000 IDs.

By the way. I'm in my own group for Nexgram. He He

whistlebower99.....

DO YOU HAVE SHARES IN KANGER?

LOOKING SO DESPERATE TO MAKE SURE WE, THE CURRENT SHAREHOLDER OF KANGER MAKING LOSSES...

The answer could be here:

I asked you this simple question so many times.
Never get the answer from you.
Therefore I dare to call you an ill intention spammer/naysayer here.

BUT:

If your answer is YES, you are a F. O. O. L, because you are trying to burn your own f. o. o. l head.

If your answer is NO. you have BAD INTENTION on Kanger and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholdersFOR

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholdersFOR

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholdersFOR

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholdersFOR

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholdersFOR

whistlebower99 BOMOH KELAPA takda bola masuk NEXGRAM
----------
I'm in my own group for Nexgram. He He

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

FOR NEWBIES

The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?

If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.

If his answer is NO, he probably has BAD INTENTION on the company and its shareholders

@mo1malaysia. .....Besides the businesses in Malaysian...
-----------
Should be referred to the new businesses in Malaysia such as construction, healthcare, trading of construction materials and property investment. ....

@wistlebower99.

To repost another comments as a conversation.

MORAL OF THE STORY IS, we also has to learn on some of the companies which had a successful and progressing after executed their RI exercises.

Different companies has a different management............ which we can't simply judge it before it's become a reality.

---------------

nubiskubissss MZM2511 >>> do you know any penny stocks which are progressing after executing their RI?
27/08/2021 10:57 AM


MZM2511 @nubiskubissss.

One of them. Look at some PP and RI done by Hong Seng. What is the state of Hong Seng right now. The company's price between 4.5 sen - RM1.87 (now)
27/08/2021 11:08 AM


MZM2511 @nubiskubissss. You can find more if you search for it.
27/08/2021 11:10 AM

Peace99 May I also add dolphin RI 6 sen, TFP 3 sen, now both are trading higher, esp. TFP

whistlebower99 Don't think the Operator so kind to push up the price to above RI price for you to sell your shares to subscribe the RI.
---------------
My answer as stated:

WON' SUBSCRIBE IF THE PRICE BEFORE THE END OF ACCEPTANCE DATE IS NOT UPPER THAN 6 SEN.

MY FOOLISH LOGIC IS, IF THE PRICE CAN'T BE PUSHED UP BEFORE THE LAST DATE OF THE RI ACCEPTANCE, I'M MORE FOOLISH TO BELIEVE THAT THE PRICE WILL BE PUSHED UP HIGHER AFTER THE LISTING OF THE NEW RI SHARES (at least in the short term after the RI share listing). IT'S THE LOGIC FROM ECONOMICS THEORIES.

IF THEY DON'T PUSH THE PRICE, LET THEIR RI EXERCISE FAIL.

@OrlandoOilSemiconIot. Stil want to stick to your no 0.06 no subscribe?
--------------

Yes. I did stated here earlier about that. You can check the posting as below:

---Stock: [KANGER]: KANGER INTERNATIONAL BHD

Aug 27, 2021 3:20 PM | Report Abuse

@hlh1962. Yes. The new warrant also probably listed and ready for transaction on the same date.

Frankly, I will subscribe the RI shares only in a condition that the share price before the last date for acceptance and payment @ above 6 sen, for instance @ 7 sen above.

Others, maybe have different plan. TAYOR.

-------------------------------------------------------
And:

1. But I really have a high hope that the price should be pushed up to at least more than 6 sen. It's will gives me the confidence to subscribe the RI share.

I still believe Kanger''s RI also will be a success. I have a feeling that the price would be push up to more than 6 sen before the last date of subscription date.

2. If the price is not higher than 6 sen. I will not subscribe the RI. But its does not mean I will sell my current shares and opt out from Kanger. If I opted out, I have to cut loss. I don't like to cut loss any counter which I invested until i lost hope on future prospects of the counter. I still have hope on Kanger, and I will make the my plan B about my investment in Kanger later.