As mentioned before don't put words in my mouth...anyway the the decision to buy or sell is up to the individual investor...we are just sharing our experience on unscrupulous operators in the forum for the benefit of Newbies here..want to believe or not is up to you...

Universe sailang_now, Pasukgb didn't announce PP and ESOS like what you said, you are already lying now.

No need to be agitated. Who is telling the truth only time will tell. We already learnt our lessons from Sanichi's multiple share consolidation & subsequent share devaluation exercise. Just beware of MLab & Pasukgb operators with similar dna in this forum..

No point complainng to SC as they will just turn a blind eye to all the manipulations by penny stock operators from Sanichi, MLab & Pasukgb as examples..So Newbies just trade with caution and learn from other people's mistakes...

Just sharing for newbies to learn the game...same thing happened to Sanichi & MLab after 10 to 1 shares consolidation & rights issue..

https://klse.i3investor.com/m/blog/Whistlebower99blog/2021-07-21-story-h1568700650-PASUKGB_Multiple_Proposal_of_Share_Consolidation_Rights_Issue_With_Free.jsp

While we are happy that punters are making profit just a word of caution. The operators here are the same people from Berjaya. When there is a pump, there is always a dump..btw Jendela project main beneficiaries are Maxis as using Ericson 5G network & Telekom Malaysia with fibre optic networks. How it benefits other telcos is yet to be seen?
https://www.nst.com.my/business/2021/07/707743/jendela-contract-award-next-few-weeks

This an investor's forum if you can't communicate in english the international language for investors how to be a good promoter? Don't be a Jaguh Kampung!

Good123 Cakap bahasa orang putih tapi pengetahuan sifar pulak... usah bandingkan sanichi dengan mlabs. sanichi satu suku tahun jualannya kian merosot sehingga RM1juta+, mlabs pulak kian naik sampai RM50juta++

Pergilah belajar lebih sedikit. tolong!!!!!!!!!!!!!!!!!

@sailang_now Just wondering the 10 to 1 share consolidation and rights issue was just completed in Dec 2020 to dilute shareholders value by over 1,000% to 1.449 billion shares..after10 months why the need for private placement of another 241 million new shares at a discount to dilute shareholders value further when MLab supposed to have RM100 million cash on paper? Another potential Sanichi in the making?

Just wondering the 10 to 1 share consolidation and rights issue was just completed in Dec 2020 to dilute shareholders value by over 1,000% to 1.449 billion shares..after10 months why the need for private placement of another 241 million new shares at a discount to dilute shareholders value further when MLab supposed to have RM100 million cash on paper? Another potential Sanichi in the making?

True but as long as BCorp needs to pay interest on LD & others ICULS that VT is holding and also interest on the RM5 billion debts, there no money left to pay dividends for minority shareholders?

Don't think VT lost money subscribing for LD as he also got the same no of free warrants. The highest price for BCorp WB was 25-26 sens and in March it was goreng to 12.5 sens?

Not really, LD was issued in April 2012. If the effective yearly interest is 17% pa. VT will get 170% return on his investment over 10 years for LD? Also I think VT didn't subscribe LD all with cash?

Yes, VT is holding the bulk of BCorp LD that's why he is quietly collecting 17% interest income from BCorp. Where got money left to pay dividends to minority shareholders?

vcinvestor ya why bother to hold mother share when LD is paying that kind of yield. I don't need the voting rights, i can't make a difference in AGM anyway. Gimme that sweet interest.

you're very welcome leno

No point repeating what the public already knows. Jalil & new PR Team should take the bull by the horns and address the issues below..

sailang_now > Oct 8, 2021 4:20 PM
BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.

Normally the 241.6 million new shares will be issued at a discount below 4 sens like 3.5 sens so that the operators can make money from the public?

Doesn't looks good. Mlab Shareholders have been substantially diluted in the past year after the rights issue with total shares outstanding growing by 1051.7% to 1.449 billion shares. If MLab makes a new private placement of another 241.6 million new ord. shares. The no of shares available in open market will increase to 1.6906 billion shares diluting shareholders value ever further!

Mlabs Systems Berhad

Oct 01
Full year 2021 earnings released: RM0.022 loss per share (vs RM0.35 loss in FY 2020)

Full year 2021 results:
Revenue: RM84.0m
Net loss: RM14.6m
Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings.

Doesn't looks good. Mlab Shareholders have been substantially diluted in the past year after the rights issue with total shares outstanding growing by 1051.7% to 1.449 billion shares. If MLab makes a new private placement of another 241.6 million new ord. shares. The no of shares available in open market will increase to 1.6906 billion shares diluting shareholders value ever further!

py1818 Tks for your daily bulletin.
The viagra effect has worn off? BCorp has made another U-turn as unable to convincingly break resistant 0.27. BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.265
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

While you wait the world goes round...btw zelan dropped today due to going concern issues raised by external auditor...me think mlab just waiting for it to happen...with cooked bosses from fintec.

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

How to fly when no new projects & contracts? New CEO just appointed last month and you expect Mlab to fly? If you are dealing with a con stock the eventual outcome is always zero..

Only foxes in new clothing? Bosses is still the same..tks for sharing..

chimchim2828 Edwin0908 revenue RM 51.98m, but cost of the sales RM 52.243m...

Selling a product at discounted price (0.5%) from your cost of product. That doesn't include admin & operating cost which amount to another RM 2.941m~~~!!

Every RM1m sales, lost RM5k. rm100m sales, lost RM500k.
How much will it be for admin & operating cost??

@chimchim2828 good analysis keep it up! Looks like another potential Sanichi in the making? They are good at robbing Bilis to pay off the Sharks..

Reminds me of Sanichi? Cash rich from rights issue after consolidation of shares from 10 to 1. After cash depleted started another round of share consolidation & rights issue again and the cycle repeated many times...now share price only 3.5 sens..lucky cut loss & cabut already..

Let the games begin...but better run before the rug is pulled?

""Sometimes a bait is enough to change the whole game and those who ignore the importance of it, are liable to lose their pants"

Yes you are spot on!
scanluver Batikman pulled a RM5-RM10 prediction out of his hat and c0ckraider got a hard-on :D

@py1818 your comments on TA pls? Based on FA, BCorp is making losses almost every quarter since 2016 which is very bad? Btw TA has nothing to do with staff's performance..

That's why TA is important to monitor the trend so can take advantage if any changes happens. Btw it's very hard to sell RM3 billions in fixed assets during a downturn to pay off BCorp's RM2 to 3 billion debts due this year?

sailang_now py1818 Tks for your daily bulletin.
Talk is cheap, BJLand reported a loss of 126 million for Qtr. 4. BCorp Qtr. 4 results should be be worse? We think distribution is in progress. Charts don't lie. Only people do.

Why stay in Holland and lose opportunities to make profit elsewhere? BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released? BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

py1818 Tks for your daily bulletin.
Talk is cheap, BJLand reported a loss of 126 million for Qtr. 4. BCorp Qtr. 4 results should be be worse? We think distribution is in progress. Charts don't lie. Only people do.

Why stay in Holland and lose opportunities to make profit elsewhere? BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released? BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Jalil lasted 8 months at PNB, just wondering will he last 2 years since non performer based on current BCorp share price going from bad to worse?

Whatever happened to Jalil? now quiet as a mouse in his penthouse office...after all the promises..

If future is so bright why did VT dump his BCorp warrants even at 1 Sen? Pity those who bought at high price earlier, warrants price has dropped from 14.5 to 1 Sen!

How's trading today? We like your game plan. So today up or down? :D

bulldog If stock stable at 0.25....you just block buy 0.245 and block sell 0.255.....depends on your risk appetite.....the mission is to make money


Poor naysayers

Huat chaiii

py1818 Tks for your daily bulletin.
Talk is cheap, BAssets just reported a loss of 84 millions for Qtr. 4. BCorp Qtr. 4 results could be worse? We think distribution is in progress. Charts don't lie. Only people do.

Why stay in Holland and lose opportunities to make profit elsewhere? BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released? BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.25
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

py1818 Tks for your daily bulletin.
Talk is cheap, already reached 25.5 sens, looks like next stop is 25 sens. We think distribution is in progress. Charts don't lie. Only people do.

Why stay in Holland and lose opportunities to make profit elsewhere? BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

The only magic we can see is the left-hand to right-hand exercise and yet still cannot up?

py1818 Tks for your daily bulletin.
Clap! Clap! Clap! Another magic show by Jalil's PR Team?

Already reached 25.5 sens, looks like next stop is 25 sens. We think distribution is in progress. Charts don't lie. Only people do.

Why stay in Holland and lose opportunities to make profit elsewhere? BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Why buy something If potential returns only come in 2 to 5 years time?. Why forego the opportunity costs?.

Remember money has a cost. If you borrow, you have to pay interest. If you have cash in hand better invest in Palm oil stock play or even earns interest on your cash deposit. Why buy BCorp now and lose money & interest over time? Even VT knows how to dump his ICULs like no tomorrow before price drops further as Cash is King!

If it's 2 to 5 years time...better listen to Sifu Calvin, focus on other profit making opportunities like palm oil at Bursa first and come back later as no hurry mah!

Also no need to repeat the same story line again & again as nobody's buying..

py1818 Tks for your daily bulletin.
Already reached 25.5 sens today, looks like next stop is 25 sens. We think distribution is in progress. Charts don't lie. Only people do.

Why stay in Holland and lose opportunities to make profit elsewhere? BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

If my grandfather owns a piece of land in Klang Valley & did nothing there is hugh value. Only problem is that VT already used BCorp land & assets as collateral to borrow up to RM5b to fund his many failed projects. To pay the interest is not a problem but we think the principal sum of at least RM5b in debt is due for repayment this year. So far Jalil has not managed to raise the necessary funds for repayment. Should BCorp defaults, there will be a bloodbath!

Haha stockraider from coldeye illiquid assets that did not generate income like idle land is not an asset but a liability.
So how you get RNAV of bjcorp of Rm 5.00 to Rm 10.00?

Tks sifu Calvin for the friendly reminder. There're still many opportunities to make money elsewhere like Nihsin or if you prefer water play Salcon...

calvintaneng

Though Calvin also like Bj Corp but for now not yet time to buy more bj corp

See TSVT selling his Bj Corp loan stocks like no tomorrow

SO BETTER DON'T BUY BJ CORP FOR NOW UNTIL TSVT FINISH DISPOSING ALL BJ CORP ICULS

It's good that sifu Calvin also recommends better opportunity elsewhere at Bursa rather fixtate on a losing stock. You just can't flog a dead horse.

calvintaneng Go buy palm oil now as there is no cash burn rate but INCREASINGLY VERY HIGH PROFITS DUE TO VERY HIGH CPO PRICES

See

https://tradingeconomics.com/commodity/palm-oil

py1818 Tks for your daily bulletin.
Already reached 25.5 sens today, looks like next stop is 25 sens.

Charts don't lie. Only people do. Why stay in Holland and lose opportunities to make profit elsewhere? Nihsin up 30% & Salcon also up already! while BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Yes, water play is ok as Rasau Water Treatment Plant is a RM4b project. Anyway Salcon's gloves investment comes with a annual RM10m profit guarantee & already show profit in latest Qtr report.

Correct! there are far better opportunities in Bursa. Already took 25% profit in Nihsin. Salcon could be a good bet with new glove making venture & expansion. Also the outcome of Salcon's tender for Rasau water treatment plant should be out this month?

py1818 Tks for your daily bulletin.
Charts don't lie. Only people do. Why stay in Holland and lose opportunities to make profit elsewhere? Nihsin up 30% & Salcon also up already! while BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

Remember VT's cost price only 18 sens. No point counting money if it's not already in your pocket. Better lock in profit or cut loss first with current political instability & economic woes.Think coming Qtr. result will be equally bad as not much income from biz with only fixed expenses. With Covid cases averaging 20k daily, many companies making loses including Berjaya are fighting for survival, with current political instability, months of lockdown and still no end in sight with increasing Covid cases & death.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Thxs for the 25% profit. Good luck guys.

Where is the earnings growth? What we can see are losses since 2016 to now? Whatever earnings by BCorp has been utilised to pay interest on it's outstanding RM5 billion debts & pay interest on ICULs mainly held by VT & Associates. That's why no more cash left to pay dividends.

py1818 Tks for your daily bulletin.
Why stay in Holland and lose opportunities to make profit elsewhere? Nihsin up 25% & Salcon also up already! while BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

Remember VT's cost price only 18 sens. No point counting money if it's not already in your pocket. Better lock in profit or cut loss first with current political instability & economic woes.Think coming Qtr. result will be equally bad as not much income from biz with only fixed expenses. With Covid cases averaging 20k daily, many companies making loses including Berjaya are fighting for survival, with current political instability, months of lockdown and still no end in sight with increasing Covid cases & death.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.26
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

BCorp Qtr. 4 results must be very bad? Has been postponed to 30/9

OTHERS | https://www.klsescreener.com/v2/announcements/view/3416189

py1818 Tks for your daily bulletin.
Still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?

Remember VT's cost price only 18 sens. No point counting money if it's not already in your pocket. Better lock in profit or cut loss first with current political instability & economic woes.Think coming Qtr. result will be equally bad as not much income from biz with only fixed expenses. With Covid cases averaging 20k daily, many companies making loses including Berjaya are fighting for survival, with current political instability, months of lockdown and still no end in sight with increasing Covid cases & death.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.26
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

py1818 Tks for your daily bulletin.
Still downtrend, already touched 0.255 today. Unable to break resistant 0.27, will it test support 0.23 once bad Qtr.2 results released this week?

Remember VT's cost price only 18 sens. No point counting money if it's not already in your pocket. Better lock in profit or cut loss first with current political instability & economic woes.Think coming Qtr. result will be equally bad as not much income from biz with only fixed expenses. With Covid cases averaging 20k daily, many companies making loses including Berjaya are fighting for survival, with current political instability, months of lockdown and still no end in sight with increasing Covid cases & death.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.26
Support 0.23
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Tks py1818 for your daily bulletin.
Already reached 0.265 today, unable to break resistant 0.27. Will test 0.26 support once Qtr. 2 results are out. Better to lock in profit first. Think Qtr. 2 result will be very bad as not much income from all biz with only fixed expenses. Already 3 months of lockdown and still no end in sight with increasing Covid cases & deaths.

py1818 @sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Resistant 0.31
Resistant 0.29
Resistant 0.28
Resistant 0.27
Price 0.265
Support 0.26
Support 0.24