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User Comments
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2023-02-24 23:38 | Report Abuse
Time for anti corruption agency to investigate such companies.
Hope the company fund are not abused
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2023-02-24 20:30 | Report Abuse
Mr Universe still holding the stocks or warrants?
Huge losses expected
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2023-02-22 12:20 | Report Abuse
MMAG HOLDINGS BERHAD ("MMAG" OR "THE COMPANY") SUSPENSION OF DIRECTORS
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3329124
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Will be good if MACC starts to investigate to uncover wrong doings in public listed companies especially low price high NOSH penny stocks with questionable businesses with years of losses surviving fund raising via massive issuance of shares followed by consolidation of shares & rights issues, causing huge losses to innocent investors
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2023-02-22 11:51 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-17 09:46 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-17 09:43 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-16 16:06 | Report Abuse
More business diversification needs more funding
Current NOSH is very low 207,216,675 shares only
Can issue more shares for RI, PP, ESOS to raise more money or for asset and business acquisition.
Good for directors, will get more money from share issuance
Sad for long term shareholders like john, dave, toney, etc, ,dilution to their shareholding equity %
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2023-02-16 11:09 | Report Abuse
Directors must have very "good reasons" to diversify their business into more sectors
1. oil bunkering
2. investment holdings, trading in residential and commercial properties and managing of properties activities.
3. wholesale, distributor, retail sale for mobile devices, electronic products and other components for electronic applications.
NOSH still very low at 207,216,675 after the recent rights issue and share consolidation
No worries, lots of shares could be issued before NOSH hitting BILLION shares again if new business ventures lose money or need capital injection
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2023-02-16 09:29 | Report Abuse
Investors and shareholders need to closely monitor the company fund raised by directors via shares issuance to PP, RI, ESOS, asset disposal, etc
Main business sold, now directors might look for new businesses to make use of the company fund and raise more fund if not enough
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Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
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TAYOR, set realistic target
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2023-02-15 11:54 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-15 11:44 | Report Abuse
BSLCORP-OR no buyer queue
you can use it to subscribe for the rights shares at 0.055 per share
ask your remisier or dealer for more details
sack him if he can't help you
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2023-02-15 09:22 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-14 16:34 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-14 16:33 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-14 16:31 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-14 16:30 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-14 16:12 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-14 09:33 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH") ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE")
Dec 2021 - Directors raised RM103,605,792 from the rights issue @ 0.15 per share
Subscribers paid 0.15 per share now incur huge losses
Directors sold EV distribution and assembly biz for more cash !!!
Can retailer shareholders refer to auditor report how directors utilised the cash
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2023-02-13 14:04 | Report Abuse
https://www.nst.com.my/news/crime-courts/2023/02/878293/company-director-datuk-seri-title-claims-trial-using-fake-invoices
many con man in this world manipulating to cheat
be careful, they could be targeting your hard earned money
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2023-02-13 14:00 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
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2023-02-13 11:35 | Report Abuse
ZENTECH rights shares listed today 13 Mar 2023
ZENTECH price has dropped from high of 7.5sen to 2.5sen
Will it drop further below the rights issue price of 1.5sen ???
Directors collected more than RM24million from the rights issue exercise
Easy and convenient way of getting money from shareholders
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2023-02-10 18:12 | Report Abuse
Do you believe there will be 4sen to make when the rights shares are listed on 15 March?
Do you believe the directors and operators are generous to retail shareholders?
Act accordingly based on your assessment.
TAYOR
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2023-02-10 15:25 | Report Abuse
Rights issue raised 207,773,660 X 0.20 = RM41,554,732 in May 2022
Auditors should check if the money raised from rights issue is still with the company
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Stock: [PASUKGB]: PASUKHAS GROUP BERHAD
2023-02-27 09:15 |
Post removed.Why?