Shouldn't you cut loss ?

Use your so called knowledge and skills to look for growth stocks and share them with us.

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Based on the outcome of Asdion’s extraordinary general meeting held on 11 August 2021, both the Proposed Debt Settlement and Proposed Placement have been approved by the shareholders of Asdion.

On behalf of the Board of Directors of AT Systematization, Mercury Securities wishes to announce that an application has been submitted on 11 August 2021 to seek the written consent of the SC to withdraw the Offer.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3182342

This announcement is dated 11 August 2021.

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Extracted from RHB Investment Bank corporate news update

* AT Systematization Bhd* has called off its conditional voluntary takeover offer of loss-making logistics and ICT services outfit, Asdion Bhd. Mercury Securities Bhd, on behalf of AT Systematization, said the offer will be withdrawn as Asdion has secured approval from its shareholders at an extraordinary general meeting today for both its proposed debt settlement and placement exercises. Under the first, Asdion proposed to settle its debts owing to certain creditors via the issuance of irredeemable convertible preference shares, while the second involves a placement of up to 20% of its issued shares.

Good luck MZM.

Have a feeling that the directors should be planning to call for shares consolidation followed by rights issue to squeeze more money out of shareholders within this year.

Substantial shareholders starting to dispose off their shares.

TAYOR

On behalf of the Board, Mercury Securities wishes to announce that PDZ’s existing number of 1,011,179,290 Shares will be consolidated into 101,117,471 Consolidated Shares after 5.00 p.m. today (after disregarding the fractional entitlements arising from the Share Consolidation) pursuant to the Share Consolidation. Consequently, pursuant to the provisions of the Deed Poll B, the existing number of 318,403,878 Warrants B will be adjusted into 31,840,224 Consolidated Warrants B (after disregarding the fractional entitlements arising from the adjustment to the number of Warrants B).

The Consolidated Shares and Consolidated Warrants B will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 12 August 2021.

This announcement is dated 11 August 2021.
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Pending further announcement of Rights Issue with free warrants.
(6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 CONSOLIDATED SHARE; Indicative price is 10 sen per rights share)

TAYOR

jonathansiew So what is the best price you think will fall at ?? Dear Mr whistlebower99
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It was indicated around 17. Not my forecast.

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Possibly another 10 -20 % downside

Yes lah, your gf is now a fat mama with 2 kids and 1 giant baby coming on the way soon.

LATEST ANNOUNCEMENT

Following the Full Movement Control Order imposed by the Government of Malaysia to curb the spread of the COVID-19 outbreak in the country, Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 16 June 2021 granted a 1-month extension for listed issuers to submit their quarterly reports which are due by 31 August 2021.

In consideration of the difficulties in preparing the Quarterly Report during such period, the Board of Directors of the Company wishes to inform that the Company will utilise the extension of time granted by Bursa Securities for issuance of its Quarterly Report for the financial period ended 30 June 2021, on or before 30 September 2021.

This announcement is dated 3 August 2021.

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Could taste good or could taste lousy, all depends on how the chef wants to cook it.

Good luck !

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Another loss making penny stock waiting for share consolidation and rights issue to collect more money from shareholders like MZMZ511.
6 years continuous losses and negative EPS. Can you explain what is negative EPS?

MZMZ511
your good apple big CASH PILE is the result of massive share issuance to ESOS and PP. They are not from profits derived from business operations.

Many loss making penny stocks have big cash pile too.

LAMBO and PDZ already consolidated, waiting to implement rights issue with free warrant.

When is Bornoil directors going for similar exercise?

Price will be adjusted on ex-date for 2 WARRANTS B FOR EVERY 5 EXISTING ORDINARY SHARES IN TAWIN

1) The above Company’s securities will be traded and quoted “[EX-Bonus Issue]” as from: 13 Aug 2021
2) The last date of lodgment: 16 Aug 2021

Take note of these dates.

Left hand right hand volume to show support and attract newcomers

Price movement between consolidation and rights issue, likely to be similar to lambo, pasukgb, sanichi

J.EL lol. why maybank trade showing i am earning 166% when i am down more than 75%.. :(
09/08/2021 10:30 AM

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Your shareholdings will be consolidated and reduced by 10X on 12/8/21

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CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 AUGUST 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")


1) The above Company's securities will be traded and quoted "Ex - Consolidation” as from: 9 Aug 2021
2) The last date of lodgment : 11 Aug 2021


TAYOR

https://klse.i3investor.com/blogs/Whistlebower99blog/blidx.jsp

CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED BONUS ISSUE OF SHARES, PROPOSED PRIVATE PLACEMENT, PROPOSED BONUS ISSUE OF WARRANTS AND PROPOSED ESOS


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3181361


Last date and time for lodging the Form of Proxy for the EGM : Saturday, 21 August 2021 at 11.00 a.m.
Date and time of the EGM : Monday, 23 August 2021 at 11.00 a.m.
Venue of the EGM : Online meeting platform of Mlabs VGM as operated by Mlabs

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https://klse.i3investor.com/blogs/Whistlebower99blog/2021-08-03-story-h1568818917-Penny_Stocks_And_Multiple_Proposals_Share_Consolidation_Rights_Issue_Bo.jsp

Price will drop lower. Look at those stocks that did share consolidation and rights issue.

Kanger invested in FAST (Tecfast). Paper loss about RM3.7 mil. Need about RM3 mil to take up the proposed rights issue, coming soon.

Better to avoid. If can't, trade carefully and don't be greedy.

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Where was it mentioned that the right issue price is fixed at 0.13 ?

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https://www.theedgemarkets.com/article/vsolar-tops-active-list-trading-volume-swells-above-880-million?type=malaysia

KUALA LUMPUR (Aug 5): Vsolar Group Bhd topped the list of most active stocks on the local bourse today amid a sudden spike in trading volume to almost 17 times its 200-day average.

At the closing bell, the penny stock gained half a sen to 1.5 sen, with a total of 880.4 million shares traded — the highest level since June last year — equivalent to 20.6% of its issued share capital of 4.266 billion.

It was unclear what factors were behind the spike in Vsolar’s trading volume as trading of shares in the counter had been tepid since July 14.

Fintec Global Bhd, which has ceased to be a substantial shareholder of Vsolar, was the second most traded counter today. Its trading volume swelled to 273.48 million shares.

Fintec’s subsidiary Asiabio Capital Sdn Bhd sold 82.05 million shares or a 1.9% stake in Vsolar on the open market, according to filings with Bursa Malaysia.

Filings with the exchange showed that Fintec sold shares in several public listed companies, including 33 million shares or 5.7% of Komarkcorp Bhd, besides the stake in Vsolar.

Fintec disclosed in a filing that the block of 33 million Komarkcorp shares that it disposed of represented 91% of its shareholding in the company, while the Vsolar stake sold represented about 35% of its shareholding in the renewable solar photovoltaic-related service provider.

Fintec, which was among the companies that ventured into rubber glove manufacturing last year, has also ceased to be a substantial shareholder of Saudee Group Bhd as the former’s shareholding was diluted after a rights issue.

Saudee was the third most traded stock today, with a trading volume of 156.7 million shares.

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Will there be share consolidation for VSOLAR ?

Is FINTEC GLOBAL taking profit or cutting loss ?

Or moving funds to goreng small-cap stocks ?

newuser9021, do your own analysis. TAYOR

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Nowadays veteran investors smarter to avoid holding stocks asking for duit from shareholders via rights issue or issue shares to ESOS and PP and increase NOSH to billions

More newbies are at risk, deceived by these companies publishing so many good news but not good profit to show.

MZMZ511, you can do a favor analyse and write on SAPNRG which is possible for consolidation if the company can't recover business from oil price crash. Please write and share. I have too many lost making penny stocks to analyse.

MYEG profits and EPS still strong, should be not problem. If consolidation, the price be easy to play up with lower NOSH

Peace99. Look at EPS better indicator of company performance.

560 million buy queue waiting for sharks to throw down

Ask Mr. KUAH CHOON CHING

Should be like KANGER style ?

Flooded with news to attract and lure new victims.

Similar to other penny stocks asking for money from shareholders

LAMBO style, MACPIE style, XOX style ?

More likely share consolidation than limit up;

Still waiting for announcement on Changes In Shareholdings to see who are the big subscribers of rights issue with free warrants

Should be published by next weekend.

Price well maintained and supported by big holders to gradually releasing rights shares and warrants to unsuspecting investors, to recoup capital.

Rewarding employee and private placement investors to sell at 0.02 for 25% - 30% profits

Trade with care. Directors has the power to consolidate your shareholdings.

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