Will enter if goes down to 0.01 then play a bit. It is no doubt a syndicate counter. Trade with caution. Only worry is if Directors get arrested by SC.
Referring to wistlebower99…….. The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...
whistlebower99. PLEASE DON'T EVER USE YOUR ILL INTENTION INFORMATION ANYMORE TO MISLEAD OTHERS !!!!
@MZM2511, just take the bull by the horns, give them the benefit of doubt on the wrong info. I have highlighted one of the wrong info by @Gtrade in Focus D forum, just to give them a friendly correction.
I see the issuing of shares at 5 sen when market trading at 3 sen seems advantageous to the company and shareholders. Usually all these new shares come with a moratorium not being able to sell for a certain period. Of course, there are many instances of 'jack-up prices' in exchange for cash and shares. As a minority investor, our avenue to show our disapproval for all this PP/ESOS/etc will be at this i3 forum.
Key Alliance Group Bhd has emerged as a new substantial shareholder of ACE Market-listed Macpie Bhd after buying a 5.91% stake or 55.96 million shares in it in the open market. The group said it spent a total of RM5.34 million to acquire the shares between Sept 6 and Sept 13.
@whistlebower99: KGROUP Total issued shares = 2,554,309,534 WC = 982,103,848
Will KGROUP directors issue more shares to raise more fund to buy more penny stocks ?
Maybe should do share buy-back to boost current share price (0.03)
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TAYOR
28/09/2021 12:10 PM
BLee: Hi @whistlebower99, which is which? Issue more shares and share buy-back is exactly opposite.. I have written an article on 'Rich penny stocks acquiring beat down penny stocks' taking KGroup as one of the example. If I am not too busy, I might do more coverage on KGroup recent AR (non-accountant view, only very basic double entry and balance sheet knowledge). Have a very good trading days ahead and TradeAtYourOwnRisk.
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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....
wjc4195
394 posts
Posted by wjc4195 > 2021-06-09 23:11 | Report Abuse
wait for result that was deferred
banyak untung jugak