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2022-03-22 17:14 | Report Abuse
More and more uncles coming out to lure newbies into the game in which many uncles were caught at 60sen rights shares (consolidated) as well as above 60sen before the rights issue fund raising exercise by the smart Mr Qua.
MZM is doing the right thing now - hibernating.
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
2022-03-22 16:27 | Report Abuse
Expect directors to announce more MOUs to fry ikan biliis
Later on your might read more news on MOUs - no material development or terminated
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
2022-03-22 16:15 | Report Abuse
Don't get too sexcited with the MOUs.
It is basically a loss making company for the last 17 years
Just hope it has won a big contract or just another mee goreng kosong.
Set your target and lock in your profit before you open the champagne
Many people just let paper profit turn to paper losses and cry silently
https://www.klsescreener.com/v2/stocks/view/7165/csh-alliance-berhad
TAYOR
2022-03-22 12:08 | Report Abuse
Universe should come out to say something about this favorite stock which has gone back to pre-consolidation NOSH with lots of cash in company fund for directors to ulitise
2022-03-18 16:53 | Report Abuse
Total valid excess applications 463,989,200
Total issued shares = 1,381,410,560
Most likely total excess application are by operator and Cindy Kate, meaning they are holding about 34% of the total shares
Price moving up with low volume
Either company got very huge contract award or just goreng mee kosong
TAYOR
2022-03-18 13:01 | Report Abuse
NEWBIES BE REMINDED
1. Proposed Share Consolidation involves the consolidation of every 15 existing Shares held by the entitled shareholders at the entitlement date, into 1 Consolidated Share.
2. Proposed Rights Issue on the basis of 2 Rights Shares for every 1 Consolidated Share held on the Entitlement Date to the Entitled Shareholders. The Proposed Rights Issue shall be implemented after the Proposed Share Consolidation.
AGES-PA will also be consolidated 15:1 and the conversion price will be adjusted from 0.13 to 1.95.
Not sure whether it will be further adjusted upon completion of the rights issue. Read circular for more details.
================
TAYOR
2022-03-17 16:16 | Report Abuse
5,778,199,399 total issued shares waiting to be consolidated by 10 or 15 times.
Just be careful trading high NOSH loss making penny stocks
AGES with total issued shares of 1,558,363,173 will be consolidated by 15 times very soon.
Next will be MTRONIC with 2,168,523,079 issued shares
TAYOR
2022-03-17 12:04 | Report Abuse
https://www.klsescreener.com/v2/announcements/view/3503327
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3153536
Revised MCP and Maximum Conversion Shares
Our Company had on 6 December 2021 entered into the Letter of Understanding to revise the Original MCP to the Revised MCP.
For illustration purposes, the abovementioned changes are outlined in the table below:
As per the Subscription______________________Agreement Proposed Variation
The MCP is set at RM0.12.__________________ The MCP is revised to RM0.05.
MCP =Minimum conversion price
-----------------------------
Maximum Redemption Amount
The Proposed Variation will not result in any change to the issue size of the Notes programme of up to RM100 million as our Company intends to raise the proceeds and be utilised in the manner as set out in Section 2.2.9 of the Previous Circular. In the event the entire Notes of RM100 million are issued and 818,984,505 Conversion Shares has been issued upon conversion of these Notes at the Revised MCP, no further Conversion Shares shall be issued for the remaining outstanding
Notes. Hence, our Company shall pay the Subscribers the redemption amount for the remaining outstanding unconverted Notes.
=====================
1. The original MCP of 0.12 has been revised to 0.05 and this explained why the 180,000,000 shares were issued at 0.05
2. Maximum total shares that can be issued from this exercise is 818,984,505.
3. After deducting 180,000,000 shares already issued, remaining shares that could be issued = 818,984,505 - 180,000,000 = 638,984,505
====================
Current NOSH = 720,529,680 will increase to about 1.4 billion shares if the above remaining shares are issued.
Not forgetting, possibility of more share issuance to PP and ESOS, the total issued shares will increase further.
Dilution to shareholders equity % and EPS
After recent shares consolidation, process of shares issuance continue to increase the NOSH to multi BILLION shares
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP and ESOS
Allotment of Shares pursuant to Issuance of redeemable convertible notes
===================
TAYOR
2022-03-16 17:00 | Report Abuse
16 Mar 2022 Trades
Time Price Qty Type
16:50:00 PM 0.090 200 Seller
16:36:39 PM 0.085 1,000 Buyer
16:34:16 PM 0.085 6,200 Buyer
16:34:16 PM 0.085 5,000 Buyer
16:19:00 PM 0.085 11,200 Buyer
16:10:52 PM 0.085 33,800 Buyer
16:10:52 PM 0.085 16,200 Buyer
16:06:38 PM 0.085 2,000 Buyer
15:50:51 PM 0.085 21,000 Buyer
---------------------------
Price summary
Price Buyer Mid Seller T.Qty
0.090 0 0 400 400
0.085 423,000 0 401,000 824,000
0.080 67,000 0 0 67,000
=============
Paid promoter bought 200 shares to push up the price.
Great job to mislead newbies !!!
2022-03-16 12:45 | Report Abuse
EXTRACTED FROM CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The Proposed Share Consolidation involves the consolidation of every 15 existing Shares held by the entitled shareholders at the entitlement date, into 1 Consolidated Share. It is the intention of our Company to implement the Proposed Share Consolidation prior to the implementation of the Proposed Rights Issue.
===================
Barring any unforeseen circumstances and subject to all required approvals being obtained, our Board expects the Proposals to be completed in the 2nd quarter of 2022.
Date..........................Event
28 March 2022 ● EGM for the Proposals
End March 2022 ● Announcement of the entitlement date for the Proposed Share Consolidation
Mid April 2022 ● Book closure date for the Proposed Share Consolidation / listing and quotation for the Consolidated Shares and Consolidated ICPS / completion of the Proposed Share Consolidation
May 2022 ● Announcement of the price-fixing date for the Proposed Rights Issue
● Announcement of the Entitlement Date for the Proposed Rights Issue
● Issuance of Abridged Prospectus, Rights Subscription Form and Notice of Provisional Allotment for the Proposed Rights Issue
June 2022 ● Closing date for the acceptance and application for the Rights Shares
● Listing of and quotation for the Rights Shares on the Main Market of Bursa
==================
More information on the effect of consolidation of AGES-PA in Circular.
(upward adjustment of conversion price)
Doesn't look good for PA holders
=================
2022-03-16 12:35 | Report Abuse
Notice to Warrant Holders in relation to the Expiry and Final Exercise of Warrants 2019/2022
https://www.klsescreener.com/v2/announcements/view/3518473
===========
WA = 410,253,977 (worthless)
Maturity 2022-04-16
Strike value 0.0800
2022-03-16 12:26 | Report Abuse
Normal to have different views. Otherwise there can't be buyers and sellers everyday.
You are correct if you win when the price is up.
You are also correct if you don't lose when the price is down.
TAYOR
2022-03-16 09:21 | Report Abuse
Total issued shares increased, EPS not affected ???
Not affected because it is still making losses.
2022-03-15 13:30 | Report Abuse
Congrats to Universe for able to collect WA at 1/2sen
PASUKGB = 1,655,866,524 (expect NOSH to increase from more share issuance to PP and ESOS)
WA = 578,660,588
Maturity 2024-07-14
Strike value 0.1000
2022-03-15 13:22 | Report Abuse
Conso not so soon.
Wait for directors to issue more shares to ESOS & PP or RI
2022-03-14 15:50 | Report Abuse
Too many shares floating in market.
Too much supply against demand.
More over substantial shareholders and directors might be unloading their bonus warrants to taste the free money if price climbs a bit higher.
Total issued shares = 3,414,199,948
NOSH will exceed 4 BILLION shares upon full PP implementation
More shares issuance to ESOS in near future
PA = 18,565,913
WA = 304,072,581
WB = 1,365,365,814
Stock: [VELOCITY]: VELOCITY CAPITAL PARTNER BERHAD
2022-03-22 22:39 |
Post removed.Why?