Hear today afternoon goreng... see whether true or not

TillyLovers, you say you but as "gambling"... hahaha... very childish...

Tangan Ghaib Di Sebalik Saham Penny Stock di Bursa Malaysia.

Angin tiada ribut pun tiada, tiba-tiba harga saham melonjak naik 2,000%. Ada tangan-tangan ghaib yang buat untung beribu kali ganda.

Beberapa minggu yang lalu, beberapa pejabat di Persiaran Tropicana diserbu pihak berkuasa bagi mencari kumpulan-kumpulan yang terlibat dalam isu manipulasi penny stocks di Bursa Malaysia.

Kumpulan-kumpulan ini dipercayai mengawal hampir 60 syarikat di Bursa Malaysia, dengan memanipulasi harga saham dan ‘siphon out funds’ daripada syarikat tersebut melalui cash calls dan juga ‘acquisition of assets’ dan ‘asset-shuffling exercises’.

Selain daripada itu, dipercayai terdapat seorang ‘ringleader’ yang berumur lewat 40-an, tidak terlibat dengan mana-mana syarikat di atas tetapi sangat bijak menyembunyikan identitinya dengan menggunakan proksi sambil mengarahkan jeneral-jeneralnya untuk mengawal saham-saham yang terlibat.

Portal The Edge telah berjaya mengenalpasti hampir 40 daripada 60 syarikat yang dikawal oleh beberapa individu yang sama sepertimana yang dilaporkan dalam keratan akhbar di bawah.

Antara main player yang dipercayai terlibat adalah Sanston Financial Group, sebuah syarikat yang berkepakaran dalam securities broking firm yang dikawalselia oleh Hong Kong Securities and Futures Commission.

Serbuan tersebut dipercayai dilakukan oleh piha Lembaga Hasil Dalam Negeri (LHDN) dan Suruhanjaya Pencegahan Rasuah (SPRM). Aktiviti kumpulan tersebut sudah lama diperhatikan oleh Suruhanjaya Sekuriti Malaysia (SC) namun difahamkan bahawa SC tidak terlibat dalam serbuan ini.

Menurut satu sumber yang lain, Bank Negara Malaysia (BNM) juga sedang memerhati ringleader ini berserta konco-konconya dan mungkin sedang menunggu masa yang sesuai untuk mendedahkan kegiatan money laundering yang mereka lakukan.

11 daripada 40 syarikat yang terbabit berpusat dalam satu bangunan yang sama iaitu Menara Lien Hoe. Ini termasuklah: AT, Focus Dynamics, M3tech, XOX, Fintec dan lain-lain.

Pada September tahun lepas ,The Edge telah mengeluarkan laporan khas bertajuk ‘Hidden Hands Behind Penny Stock Surge’. Menurut satu sumber, kumpulan tersebut telah mengawal 31 syarikat pada ketika itu, sekarang mereka mengawal hampir 60 buah syarikat.

Syarikat utama dalam kumpulan syarikat-syarikat yang terlibat adalah Focus Dynamics yang merupakan sebuah syarikat makanan dan minuman. Syarikat ini pernah mencapai kenaikan harga saham sebanyak 550%, iaitu daripada 13.0 sen ke 84.5 sen tanpa sebarang sebab yang munasabah.

Antara syarikat yang dimiliki oleh Focus pula adalah Brahims dan baru-baru ini, sebahagian saham LKL telah dibeli mereka.

Fintec Global yang merupakan antara muka depan kumpulan ini mempunyai pegangan dalam Vsolar, Focus, AT, Seacera, Kmark dan Saudee.

Kenaikan harga saham yang tidak munasabah ini telah membuatkan pihak berkuasa menyiasat syarikat-syarikat ini. Mungkin ramai yang sedar harga saham bagi PDZ telah naik hampir 2,000%, Vsolar naik sehingga 900% dan banyak lagi peningkatan harga saham yang tidak munasabah.

Menurut sumber dalaman, aset syarikat-syarikat dalam kumpulan yang terlibat akan dipindah-pindahkan sesama mereka dan pada masa yang sama pemindahan dana turut dilakukan.

Sebagai contoh, Fintec telah menjual pegangan mereka dalam syarikat DGB Asia pada tahun lepas dan pada Januari tahun ini, XOX pula muncul sebagai antara pemegang saham DGB Asia. Hampir semua syarikat dalam kumpulan tersebut telah membuat cash calls menggunakan placement yang sepatutnya digunakan untuk membeli aset baru dan menerbitkan saham baru.

Mereka dipercayai mengambil kesempatan di atas undang-undang Bursa Malaysia yang telah menaikkan limit Percentage Point kepada 20% daripada issued share capital.

Pada awal Februari tahun ni, CEO Bursa Malaysia, Datuk Muhammad Umar Swift apabila ditanya mengenai kegiatan sindiket ini, beliau mengatakan bahawa mereka mempunyai pasukan yang hebat dan dilengkapi peralatan yang canggih dan sedang berterusan mempelajari dan mengawasi trading behaviour di pasaran. Beliau juga mengatakan bahawa mereka tahu dan sentiasa memantau sindiket-sindiket ini.

Sumber kapital.my | TheEdge

Special Report: Hidden hands behind penny stock surge under scrutiny
TheEdge Wed, Apr 21, 2021 05:00pm - 1 day ago


A few weeks ago, the authorities are understood to have raided several offices in Menara Lien Hoe in Persiaran Tropicana in the vicinity of the Tropicana Golf and Country Club in Selangor, looking for information on a group of individuals involved in manipulating penny stocks on the Bursa Malaysia.

The authorities, it seems, are after a group of individuals who control as many as 60 companies on Bursa Malaysia and appear to manipulate share prices and siphon out funds from these companies via numerous cash calls and the subsequent acquisition of assets. Also being scrutinised are the “asset-shuffling exercises” undertaken by many of the companies. There is also talk that they are allegedly involved in the legitimising of ill-gotten gains or money-laundering activities.

It is also learnt that there is a ringleader, an individual in his late 40s, who is not directly linked to any of the companies but efficiently uses proxies to mask his presence, utilising, instead, several generals who control the shares in many of them.

The Edge managed to identify almost 40 out of the 60 companies controlled by the same few individuals. (See chart next page.)


The ringleader controls, among others, Sanston Financial Group Ltd. The web of control appears to flow from Hong Kong-based Sanston.

According to its website, Sanston is a specialist securities broking firm regulated by the Hong Kong Securities and Futures Commission.

Despite the ringleader’s low profile, some blogs — equating him to Datuk John Soh Chee Wen, who is facing trial in Singapore for stock manipulation — have begun to talk about him and his generals, and their alleged stock manipulation activities that have been going on for some time now.

While two government authorities are said to have raided the premises of companies in Menara Lien Hoe, it is understood that the Securities Commission Malaysia (SC) was not part of the exercise. In response to a query on whether an investigation was ongoing, the SC replied: “As a matter of policy, the SC does not comment or respond to queries on whether it is investigating any individual or entity.”

A source close to the SC, however, says that the individuals and their stock manipulation operations have been “on the SC’s radar” for some time now.

Market talk, meanwhile, has it that the Inland Revenue Board and the Malaysian Anti-Corruption Commission were the two government agencies that paid the companies a visit, carting away documents.

“He (the ring leader) is a smart cookie ... he doesn’t surface, so the trails do not lead to him. It’s hard to pin him down, you can’t prove that he is behind the whole thing (manipulation and pillage of companies and its shares),” says one source.

Another source says the central bank is monitoring the ringleader and his generals and could be looking to uncover money-laundering activities.

Menara Lien Hoe houses 11 of the almost 40 companies in the web. AT Systemization Bhd (ATS), MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd, NetX Holdings Bhd, Lambo Group Bhd, Key Alliance Group Bhd and Vsolar Group Bhd have their principal place of business, head office, business office or corporate office in the building in Petaling Jaya.


The web of related companies
In September last year, The Edge ran a special report on the same group, entitled “Hidden Hands Behind Penny Stock Surge”. Back then, sources say, the group had gained control — either via shareholding or the board — of 36 companies, out of which 21 were identified. Now, the number of companies under the group is understood to have ballooned to 60.

At the centre of the web is Fintec Global, while the flagship company of the group is Focus Dynamics, a company which has a market value of more than RM3 billion, but which, for its financial year ended December 2020, registered a mere RM16.72 million in net profit from RM66.26 million in revenue. According to the notes accompanying Focus Dynamic’s results, the profit was attributable to “fair value gain on quoted investment”, among others.

As at end-2020, Focus Dynamics had accumulated losses of RM419.92 million, making it hard to justify its market capitalisation of more than RM3 billion, which grants it a place on the MSCI Index.

Focus Dynamics’ net asset per share as at end-December 2020 was a mere 2.81 sen.

Its core business, after all, is in food and beverage — operating seven clubs and lounges, and related facilities.


In April 2020, Focus Dynamics was trading at 13 sen a share, but gained 550% to reach 84.5 sen by November the same year, for no apparent reason. (See table.)

Some of the companies in which Focus Dynamics has stakes include Brahim’s Holdings Bhd, where it has 16.08% equity interest. Brahim’s is best known for having a 70% stake in Brahim’s SATS Food Services Sd

polycarp, but Wrrant Buffet will no buy this kind of manipulated shares.... hahahahaha

jlex11, also have to tell you, your FOCUS touch 0.100 already... Don't sleep liao.... Opps, forgot you can't sleep yesterday night.

Forgot to tell greedy4444, FOCUS already touch 0.100....

Come come come, must support Striker90's statement... (Still dreaming....)

dompeilee, don't make greedy4444 can't sleep leh~

Greedy4444, sure i will not use my money to buy this counter, like you... haha

Halo, u all gv some face to our greedy4444 leh, he can't sleep tonight liao...
We all already mentioned many days in this forum don't buy, but still got some newbie die die want to buy... Like greedy4444.....jllex11...both brothers... Don't want hear advice and mau marah balik lagi

Greedy4444, later go back home please nicely to your family, don't put your bad emotion to them ya~~ be a good man please~

CHLEONG888, you ask us what happen? You no see our comments in past few days in this forum? We already mentioned the problem of this company.

greedy4444, 0.110 already

OMG, greedy4444 lose more money again, how to sleep tonight? 0.115 already

@OpportunityHunter, i think they don't have such power become fintec group gang... they are just lose much money in this counter now.... moved in this new condominium!

greedy4444, what's problem oh? I congratulation to him became shareholder oh, no problem what???
Oh, i know you, you jealous i did not congrat you, right? Okok... CONGRATULATION TO GREEDY444 BECAME SHAREHOLDER!!!!
Can? Satisfied?

jlex11, you bought already ah? Congratulation, Congratulation!!! you become shareholder of FOCUS... Well done! Excellent!!

Please avoid to buy this share, you will lose all your hard earn money. Better you use this money to buy something for your parent.

OpportunityHunter, no need waste ur time to talk with this kind of person who cannot accept other people's good advice... I already mentioned few days in this forum don't buy, but still got many people said: Buy! Will up to RM1!... i really no eyes see this kind of peoples. Greedy444 is one of them... Don't know how to invest...

Already told many days at this forum, DON'T BUY, but still want to buy....=.=! Congratulation ya

TillyLovers, don't get confused by the person who manipulate this counter. They can immediately remove all buy q in one second. PLEASE, DON'T THROW YOUR HARD EARN MONEY TO THIS COUNTER.

Still a lot of people jump to this counter.... GOD bless...

This counter they were sold from 0.660 until now 0.130, meaning they want "wash hand" from this counter... no any rebound symptom.. For those still thinking whether to buy or not, please, save your hard earn money, don't buy.

cut loss now is correct decision

bulldog, Man62, we already told don't BUY.... =.=!

goreng kaki, here u also come comment? look back your all "rubbish" comment lah... useless

Look back my comment on 17 Apr 2021 (11:48am)... Have you sold today?

They now want to tipu u orang beli, they pull the price up to misleading you... later they will push back the price again

For those already bought i think better cut lose if Monday the price up 1 cent, because it will drop back again after 15 minutes. For who are thinking the prices already cheap and want to buy, PLEASE DON'T!!! The people who manipulate this share will eat all your money.

let's see what happen at 4.45pm

0.145 already

0.150 already

Don't buy this stock anymore.. save ur money

habis

If you bought at yesterday's higher 0.38, today already lost 50+%... crazy

0.160 already

This share seem like will not rebound, the big player just want convert to cash, keep throw

they keep convert preference share at 0.550 and then throw, i can imagine they will keep throw until below 10 cents

Wooooo.. 0.170 already

Really unbelievable....Now already 0.175

Haha excellent xuewenapeng, let's see your words will be true or my words will be true... This Counter will hit higher share price before June.

KINGCOBRA, yes, same case with me... i also sold on that period...

Look back last three weeks my last comment at FOCUS forum, i choose to sold my shares at 0.66...very lucky that i did not hold it until now. If not i will lose 50% of my capital.

Hold it, you will be reward soonest.

goreng kaki, lose much money at market ah? HahA

RM60

gORENG KAKI, you betul betul RUBBISH lah... you buy share and want immediately profit, better put at FD... Sini cakap rubbish sana cakap rubbish, mulut tu kotor.

Will continue uptrend today.

This week will touch RM3.00