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Kayamas owner Mr Cai, very happy to sell antara@genting apartments to Kanger, thankful to Mr Qua for raising 102million from shareholders via Rights Issue with free warrant at 60sen per consolidated share.

Price well supported by operators and cindy kate
But for how long
Unless it can announce award of billion dollar contract

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MZM, if without the 100 mil raised from rights issue, what would be the NTA.
You were an accounting graduate. pls compute to show us.

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MZM
RI raised about 102million
Q2 lost 50mil and Q3 lost 75mil, together exceeded RI money
Mr Qua might propose more fund raising via RI, ESOS or PP
Do you think it is possible?

MZM
Q3 75million losses
Why so much?
https://www.klsescreener.com/v2/financial-reports/view/713337

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If no shares consolidation then ok.
Before 2030 if directors implement shares consolidation then PA will also be consolidated and conversion price adjusted upward.

MZM
NTA 57sen per share
Rights issue raised RM102 million equivalent to 60sen per rights share (consolidated)
Is it included in the NTA computation?
Directors thankful to all rights subscribers

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Maybe got announcement of more MOUs

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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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Buy/sell queue on 24 Mar 2022 12.30pm

BQty_______________Buy________Sell______SQty
272,459,500_______0.145_______0.150_____7,909,800
5,468,600__________0.140______0.155____37,084,100
4,580,900__________0.135______0.160_____4,675,900

===============
Buy/sell queue on 25 Mar 2022 10.00am

BQty_______________Buy________Sell______SQty
81,157,300________0.140______0.145_____9,487,300
4,543,700_________0.135______0.150_____ 5,653,200
3,727,700_________0.130______0.155_____ 33,091,20

Watch the big buy queue that could be pulled out

newguy better go back to support pasukgb. Now time to average not run away

Operators keep releasing their subscribed shares to market, yet still have hefty paper profits from the free warrants.

Next goal is to gradually release the free warrants to market to realise the gains.

Operators recruiting new batch of paid promoters to get more players into the game.
Old promoters have either been fired or silenced for failing to meet the objective.
Even MZM has gone into hibernation.

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Getting the line ready for a possible rebound...........coming soon

When operators have disposed enough shares into the market, the price might be left to drop like those seen in pasukgb, pdz, fast, kanger etc

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BQty_______________Buy________Sell______SQty
272,459,500_______0.145_______0.150_____7,909,800
5,468,600__________0.140______0.155____37,084,100
4,580,900__________0.135______0.160_____4,675,900

Buy queue @ 0.145 looks unreal
Yesterday buy queue of 200mil @ 0.16 was withdrawn last minute
Will it happen again for 0.145 buy queue ?
Floodgate controlled tightly by operators

Posted by abcb > 1 day ago | Report Abuse

TP RM50
================
Posted by abcb > 1 day ago | Report Abuse

The first TP RM0.50 instead of RM50

==================
oldbies trying to deceive newbies ?

MR TAN YIP JIUN, a former substantial shareholder of MMAG is a director in CSH

CHIPSENG HENG ENTERPRISE SDN BHD, a former substantial shareholder in MMAG is a substantial shareholder in CSH

MR TAN YIP JIUN has deemed interest in CHIPSENG HENG ENTERPRISE SDN BHD

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=SH%2CCHSH&sub_type=&company=0034&mkt=&alph=&sec=&subsec=&dt_ht=01%2F01%2F2021&dt_lt=24%2F03%2F2022#/?category=all

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=SH%2CCHSH&sub_type=&company=7165&mkt=&alph=&sec=&subsec=&dt_ht=01%2F01%2F2021&dt_lt=24%2F03%2F2022#/?category=all

===============
Could this explain why MMAG supported CSH by subscribing for the excess rights shares

Supported by MMAG another loss making penny stock that used company fund to subscribed for excess rights shares

CSH ALLIANCE BERHAD

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD
1 20 Jan 2022 194,500,000 Acquired Direct Interest
Subscription of new shares via Rights Issue
Nature of interest Direct Interest
Direct (units) 229,500,000
Direct (%) 16.613
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 229,500,000
Date of notice 20 Jan 2022

=====================

Posted by techfarmer > 2 hours ago | Report Abuse

Kanger supporter are going laugh till the end

===========
MZM should reply this.

Not a bad day for operators &, cindy kate, still up 1/2sen with bigger volume.
Not the same for those who chased furiously.
Next 2 days will be crucial to determine the price movement for next week.
No matter what, it is still a loss making penny stock with almost 17 years of losses.
Good luck all.

Comment of the day
=)
1 like

Universe should buy mother at 2 to average out your warrant price of 1.75. No need to use new id to comment here.

SERSOL BERHAD ("SERSOL" OR "COMPANY") I. PROPOSED BONUS ISSUE OF SHARES; AND II. PROPOSED FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

(i) proposed bonus issue of up to 457,786,000 new ordinary shares in Sersol (“Sersol Share(s)” or “Share(s)”) (“Bonus Share(s)”) on the basis of 1 Bonus Share for every 1 existing Sersol Share held by the shareholders of Sersol whose names appear in the Record of Depositors of the Company at the close of business on an entitlement date to be determined later (“Bonus Shares Entitlement Shareholders”) (“Bonus Shares Entitlement Date”) (“Proposed Bonus Issue of Shares”); and

(ii) proposed free warrants issue of up to 152,595,333 free warrants (“Warrant(s)” or “Warrant(s) B”) on the basis of 1 Warrant for every 6 existing Shares held by the shareholders of Sersol whose names appear in the Record of Depositors of the Company at the close of business on an entitlement date to be determined later (“Proposed Free Warrants Issue”).

Please refer to the attachment for further details of the Proposals.

=================
Good or bad ?

A reason for operator to fry up
Not many things are free in this world
Looks more like the making of another low price high NOSH (billion shares) penny stock.

Look at Cheetah, BSL, etc

Total shares issued to ESOS from 01 Jan 2022 - 25 Mar 2022 = 107,000,000
Issue price = 0.0486

Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0486
Latest issued share capital after the above corporate proposal in the following
Units 2,677,120,217


Good profit % for employee

===============
Dilution of shareholder equity % and EPS
NOSH continue to move up towards 3 BILLION shares

Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

Normal Modus Operandi for many loss making penny stocks is to announce MOU, HOA as they can't get contract award

Easiest way to attract & excite newbies and newcomers to the stock

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