Followers
28
Following
1
Blog Posts
12
Threads
5,255
Blogs
Threads
Portfolio
Follower
Following
2021-09-08 14:27 | Report Abuse
Similar modus operandi used by multi-year, multi-quarter loss making penny stocks run by unethical directors who are specialised in fund raising to sustain the company's huge accumulated losses over the years.
Fund raising via massive share issuance to ESOS, PP and Right Issue of shares, ICPS, Warrants resulting in multi-billion total issued shares, causing dilution to shareholder equity and EPS, if any.
When company fund almost depleted and not viable to issue more shares to raise fund, then directors will undertake shares consolidation followed by Right Issue to squeeze and dig shareholders pocket.
Process will repeat.
https://klse.i3investor.com/blogs/Whistlebower99blog/blidx.jsp
2021-09-08 12:46 | Report Abuse
Newbies are born everyday. The compilation is meant to warn them to be careful if they can't resist trading these stocks.
2021-09-08 11:18 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021
Details of RI application :
_________________________________________No. of Rights Shares____% of total issue
Total valid acceptances__________________________186,547,381________18.80
Total valid excess applications____________________805,442,371_________81.16
The figures indicated that the big boys are holding more than 80% of the shares and new warrants.
They have CORNERED the stock.
==========================================
RI price = 10sen
Current price = 10 sen.
======================================
After 3 months, operator can start releasing more shares to market and still making profits from the free warrants
2021-09-08 10:58 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 629,491,596 NEW ORDINARY SHARES IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("NETX SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.13 PER RIGHTS SHARE TOGETHER WITH UP TO 314,745,798 FREE DETACHABLE WARRANTS IN NETX ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY ENTITLED SHAREHOLDERS OF NETX AT 5.00 P.M. ON 2 OCTOBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
===========================
RI price = 13sen
Current price = 14.5sen
===========================
Operators might start to dispose off to release their funds tied up in RI for months.
2021-09-08 09:17 | Report Abuse
If purchase is completed, NETX ends up owning ONLY 6 retail units in sg wang. not the whole complex.
2021-09-07 21:29 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")
KANGER is undertaking above RI to purchase 126 units of serviced suite at ANTARA@Genting Highlands for RM142 million from Aset Kayamas. It is a new development to be completed in 2024 if no delay.
Today is last day for OR trading.
The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.
2021-09-07 17:05 | Report Abuse
Market volume is picking up gradually.
Goreng syndicates might be getting ready to prey on newbies, newcomers or rambo punters.
Be prepared and not be the new victims
https://klse.i3investor.com/blogs/Whistlebower99blog/2021-09-07-story-h1570782204-LIST_OF_PENNY_STOCKS_FOR_NEWBIES_ATTENTION.jsp
2021-09-07 17:05 | Report Abuse
Market volume is picking up gradually.
Goreng syndicates might be getting ready to prey on newbies, newcomers or rambo punters.
Be prepared and not be the new victims
https://klse.i3investor.com/blogs/Whistlebower99blog/2021-09-07-story-h1570782204-LIST_OF_PENNY_STOCKS_FOR_NEWBIES_ATTENTION.jsp
2021-09-07 17:01 | Report Abuse
Market volume is picking up gradually.
Goreng syndicates might be getting ready to prey on newbies, newcomers or rambo punters.
Be prepared and not be the new victims
https://klse.i3investor.com/blogs/Whistlebower99blog/2021-09-07-story-h1570782204-LIST_OF_PENNY_STOCKS_FOR_NEWBIES_ATTENTION.jsp
2021-09-07 16:54 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")
KANGER is undertaking above RI to purchase 126 units of serviced suite at ANTARA@Genting Highlands for RM142 million from Aset Kayamas. It is a new development to be completed in 2024 if no delay.
Today is last day for OR trading.
The OR trading at 0.005 seller quote for 7 trading days is an indication that shareholders are not happy with the massive fund raising exercise.
2021-09-07 16:48 | Report Abuse
MZM, better screenshot the kanger OR buy/sell volume and price for your future reference.
2021-09-07 16:14 | Report Abuse
10,598,198,872 shares, need lots of effort to push up the price.
Another 3,137,769,770 of WB !!!
Maybe can do a share consolidation first.
https://klse.i3investor.com/blogs/Whistlebower99blog/2021-09-07-story-h1570782204-LIST_OF_PENNY_STOCKS_FOR_NEWBIES_ATTENTION.jsp
2021-09-07 14:26 | Report Abuse
Trade wisely, always check on directors actions, quarterly results, fund raising exercises, shares issuance to ESOS and PP
2021-09-07 14:23 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=AL%2CALCO&sub_type=&company=0020&mkt=&alph=&sec=&subsec=&dt_ht=01%2F01%2F2017&dt_lt=%23%2F#/?category=all
Use this link to see the history of massive share issuance to ESOS and PP from 2017 onwards
2021-09-07 14:15 | Report Abuse
Just a small single purchase of 6 retails units of shop lots managed to push the price up by 100% within few trading days.
Not even talking about the returns on investment. More over in pandemic era.
TAYOR, don't be greedy, take profit when due.
2021-09-07 14:15 | Report Abuse
Expect directors to issue more news & announcement to attract newcomers & newbies.
Modus operandi of loss making penny stock
2021-09-07 12:37 | Report Abuse
MZM, operator want fresh fund for RI not recycled fund from selling your shares
2021-09-07 12:36 | Report Abuse
Loss making in last 6 years
As at 30/6,
cash = 2.69 mil\
debt = 1.58 mil
=============================
Might need to do fund raising by issuing shares to PP or Rights Issue
MSW not a director but a major shareholder with
Direct (units) 71,743,416
Direct (%) 29.650
2021-09-07 11:40 | Report Abuse
MZM MIA again ?
Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021
Acceptance and Payment = 15 Sep 2021 05:00 PM
Date for announcement of final subscription result 23 Sep 2021
Listing Date = 30 Sep 2021
=====================================
Today last trading day for OR.
It becomes toilet paper if not use to subscribe for RI after 15/9
2021-09-07 11:36 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,101,480,437 NEW ORDINARY SHARES IN TIGER SYNERGY BERHAD ("TIGER" OR THE "COMPANY") ("TIGER SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE TOGETHER WITH UP TO 1,101,480,437 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 9 SEPTEMBER 2021 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 08 Sep 2021
=======================
Particulars of substantial Securities Holder
Name MR GOH CHING MUN
03 Sep 2021 10,000,000 Disposed
Direct (units) 121,158,600
Direct (%) 8.25
Indirect/deemed interest (units) 159,973,400
Indirect/deemed interest (%) 10.893
Total no of securities after change 281,132,000
Date of notice 06 Sep 2021
============================
Selling to subscribe to the rights ?
===========================
Ex-Date 08 Sep 2021
TAYOR
2021-09-07 10:48 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,202,508,096 NEW ORDINARY SHARES IN DGB ("DGB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH UP TO 601,254,048 FREE DETACHABLE WARRANTS IN DGB ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 22 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
===============================
RI price = 12sen
Current price = 4.5 sen
https://klse.i3investor.com/blogs/Whistlebower99blog/2021-09-06-story-h1570755206-SELECTED_PENNY_STOCKS_RIGHTS_ISSUE_PRICE_AND_MARKET_PRICE.jsp
2021-09-06 22:08 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 629,491,596 NEW ORDINARY SHARES IN NETX ("NETX SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.13 PER RIGHTS SHARE TOGETHER WITH UP TO 314,745,798 FREE DETACHABLE WARRANTS IN NETX ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 OCTOBER 2020
RI price = 13sen
Current price = 13.5sen
Congrats to rights subscribers after months of depressed price.
For newcomers, take note of RI price and trade with care.
Monitor every QR reports, utilization of company funds and frequency of share issuance for fund raising
2021-09-06 22:02 | Report Abuse
NETX paying RM38,197,402.02 for 6 retail units of market value RM32,800,000.
NETX paid above market price and not at distressed asset price, like bailing out the seller by paying the interest on their Overdraft Facility.
Expected NETX to issue more shares for PP, ESOS or Rights Issue to raise more fund in near future.
2021-09-06 19:45 | Report Abuse
Apasal MZM2511 takut masuk bilik ini? Sudah jual ka? 2sen pun potong rugi?
2021-09-06 15:50 | Report Abuse
NETX paying RM38,197,402.02 for 6 retail units of market value RM32,800,000.
Not bad deal for seller.
Stock: [ERDASAN]: ERDASAN GROUP BERHAD
2021-09-08 14:57 |
Post removed.Why?