this knnbccb management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew 3. Ng Kok Heng Google and can see their face, you can handle them in real life.
this HOPELESS management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew Kee 3. Ng Kok Heng Google and can see their face, you can handle them in real life.
Becareful, dont buy into trap. They just issue ESOS 0.07 to employees about 210M units of shares, these employees are now waiting to dump at 0.08 to 0.10 to retailers.
Xox employees prepare to dump their free shares @0.07 to us retail investors at 0.08 to 0.10. 15/03/2021 3:46 PM
Congratulation all XOX supporter. Another 30% ESOS which potentially make total number of share to 5.1Billion units. 5.1 Billions you know, the one ended with B. Or 5100million units of shares and keep talking about the historical high profit of RM 5.7 mil (with fake unrealized gain).
Why is the 0.065 Bid Q so huge today? A lot of players plan to buy, good support like what the cybertropers said? and Why is the 0.070 Sell Q so small? A lot of players eat up the Q? WRONG...
Operation put a big block at 0.065 for few weeks to make sure that NO RETAILS can get the the 0.065 tickets as they wanted to fix the price at 0.070. So that the new ESOS price can be fixed around ~0.63sen or lower (10% Discount from the average price, which is around 7sen). They want retails to buy at 0.07 or higher. After finish the 0.070 Q, they will put more tickets at 0.07 again and repeat.
After getting the new ESOS, they will release some HOA, LOA, MOU or any kind of rubbish collaboration news between their rotten companies. Then they will put a big block at 0.075 (make sure all their tickets are Q in front of retails tickets). And make the 0.07 Q small enough for them to sell with news. So those who bought at 0.07 now, have to sell back at max 0.07 (lose broker fee, but most of the retails dream that operator will push higher than 0.07, so they wait). From time to time, the 0.07 will be finished and eat into 0.075 which are all their tickets, but no way they will push higher.
In short, retail can only buy at 0.07 now, and after ESOS, they can only sell at 0.07, if you insist to trying your luck, maybe you buy now, then can start to Q from now until next month..
Warning sudah bagi, even give the details on how they operate, and still ppl talking about chart la, this la, that la.. XOX bought macpie cheap cheap and now already gain 40% la 50% la etc. Did XOX sell any of the Macpie tickets to get CASH? NO, the operator gang heavily bought into the Macpie shares at lower price, then now they want to use XOX money to buy those tickets from them at ridiculously higher price.
Let me tell you another operator secret. Did you realized that why are all the "small" counters (MACPIE, NEXION, CHEETAH and etc) which has news related to XOX fly like no tomorrow but XOX not flying?? Because XOX is the FOCUS counter, meaning they will keep issuing ESOS, SIS, Private Placement, Right Issue to XOX to bring in cash to the company. Then will sell those cheap tickets to the public hands at only 5%-10% gains (example, ESOS at 6.3sen, then sell at 7-7.5sen). Then they will take their cash to go buy Macpie, Nexion, Cheetah (those attached counters) at LOW price. Then at the end, they will use the XOX's cash to goreng up those attached counters until crazy price and buy the expensive tickets from their hands to ENCASH. Explain until like this still cannot understand how they manipulate all the counters??
Yes, if you want a goreng counters, go buy those ATTACHED COUNTERS, NOT the focused on like XOX. However, no body know which is the attach counter before they announced the news. Once they announced the news about which counter is having "relationship" with XOX, the attach counter's share price already 3x or 4x folds high, and you still dare to buy? Of course, at the end, XOX will use up all their cash to buy from the operators at high price.
Go to the list again of what company they owned, you will see that those FOCUSED counters share price keep going down after each SIS/ESOS/PP, but those attached counters keep going up after BIG news announced.
Those who already realized and escaped, thanks me later. Those stubborn one, all the best to you. To the cybertroopers, sorry that I disclose all your tactics, but don worry, there are still plenty of fish for you to catch.
@numberone If you know XOX likes to do these corporate exercises to boost up their fellow "Menara Lien Hoe" companies, just take extra caution when trading them?
I have been holding some M3 when it was trading at 4-4.5c. 52w low is 2.5c (I believe) and they had a quarter where they outperformed the previous quarter. If you picked up companies linked to XOX that are trading at their low/support levels, and wait for news of MOU, HOA, LOA etc and then sell, you also can profit ma? After all, every investment should have some calculated risk right?
Or maybe I am looking at this wrongly and you can help point out some other risk to me?
Need more people to submit complaint to MSWG for any suspicion of abuse of fund raising thru ESOS or PP and then followed by share consolidation & rights issue to raise more fund from shareholders.
KUALA LUMPUR (April 19): M3 Technologies (Asia) Bhd's shareholders rejected the mobile solutions provider’s proposed private placement at an extraordinary general meeting today.
The group said seven shareholders controlling 146.1 million shares had rejected the resolution calling for the placement, versus four shareholders controlling 76.38 million shares who voted in favour of the resolution.
In terms of percentage of voted shares, 65.67% voted against the resolution, while 34.33% was in favour.
Proposed on March 15, the private placement involved 232.15 million shares or 30% of share capital to raise RM9.82 million. Of that amount, RM4.7 million was to be used for the enhancement of the group's i3TeamWorks, development of i3Desktop and marketing. Another RM4.54 million was to be used as working capital.
The group had completed another private placement on Jan 18, placing out 128.54 million shares or 20% of its share base at the time.
Had the latest placement gone through, M3 Technologies' share capital would have increased to 1.01 billion shares, from 773.82 billion shares currently.
M3 Technologies' share price rose 0.5 sen or 11.11% to close at five sen today, valuing the group at RM38.69 billion. The counter saw 25.21 million shares traded.
This m3 has old shareholders who got cheated by Kenneth Vun Yun Lun people now only wake up. Why not hostile clean up the board than let it die eaten by share dilution?
Xox investors are more pitty, dilute until not bother to watch. The group of criminals all in ESOS scam.
See the names of criminal list.
2. Ordinary Resolution 2 Description To approve the Proposed Allocation of ESOS Options to Dato' Seri Abdul Azim bin Mohd Zabidi, the Non-Independent Non-Executive Chairman of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 29 24 No. of Shares 251,924,460 5,915,146 % of Voted Shares 97.7059 2.2941 Result Accepted
3. Ordinary Resolution 3 Description To approve the Proposed Allocation of ESOS Options to Roy Ho Yew Kee, the Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 30 22 No. of Shares 251,945,460 5,894,100 % of Voted Shares 97.7140 2.2860 Result Accepted
4. Ordinary Resolution 4 Description To approve the Proposed Allocation of ESOS Options to Tan Sik Eek, the Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 27 24 No. of Shares 251,913,972 5,904,588 % of Voted Shares 97.7098 2.2902 Result Accepted
5. Ordinary Resolution 5 Description To approve the Proposed Allocation of ESOS Options to Hew Tze Kok, the Independent Non-Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 27 24 No. of Shares 251,902,360 5,916,200 % of Voted Shares 97.7053 2.2947 Result Accepted
6. Ordinary Resolution 6 Description To approve the Proposed Allocation of ESOS Options to Andy Liew Hock Sim, the Independent Non-Executive Director of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 26 24 No. of Shares 251,892,360 5,925,712 % of Voted Shares 97.7016 2.2984 Result Accepted
7. Ordinary Resolution 7 Description To approve the Proposed Allocation of ESOS Options to Ng Kok Heng, the Chief Executive Officer of XOX Shareholder’s Action For Voting Voted For Against No. of Shareholders 25 23 No. of Shares 242,669,025 5,906,200 % of Voted Shares 97.6240 2.3760 Result Accepted
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
freddiehero
16,722 posts
Posted by freddiehero > 2021-02-24 18:56 | Report Abuse
boleh BBQ lobster Kat sini ta? let's coming coming more... up high high..