HARVEST MIRACLE CAPITAL BERHAD

KLSE (MYR): HM (0060)

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Last Price

0.18

Today's Change

+0.005 (2.86%)

Day's Change

0.17 - 0.185

Trading Volume

50,658,200


27 people like this.

23,627 comment(s). Last comment by sangjero 8 hours ago

jt18

262 posts

Posted by jt18 > 2024-07-19 14:47 | Report Abuse

They submitted. Waiting for Bursa approval and announcement

TurkeyFig

790 posts

Posted by TurkeyFig > 2024-07-22 19:17 | Report Abuse

Why keep issue shares and consolidation again? Still can buy the company?

TurkeyFig

790 posts

Posted by TurkeyFig > 2024-07-22 19:18 | Report Abuse

Why? You ask me? I ask who?

tkhero

Why still have people buying, anyone can tell me?

2 hours ago

TurkeyFig

790 posts

Posted by TurkeyFig > 2024-07-22 19:21 | Report Abuse

Dont be a sucker keep give money to the cindycat not really taking care the shareholders. From the past history until now keep changing new substantial shareholders and the company keep raise fund from the public. Time to say No to such company.

tkhero

32 posts

Posted by tkhero > 2024-07-24 15:28 | Report Abuse

Consolidation price is 30 cent? Anyone can tell me?

tkhero

32 posts

Posted by tkhero > 2024-07-24 19:25 | Report Abuse

Why the hm forum become dead forum?

blueblues

25 posts

Posted by blueblues > 2024-07-25 14:58 | Report Abuse

I also wonder, why aar?

5354_

4,836 posts

Posted by 5354_ > 2024-07-26 09:51 | Report Abuse

Gentingbig sold already why he no more post?

5354_

4,836 posts

Posted by 5354_ > 2024-07-26 09:54 | Report Abuse

RI when must prepare money any1 know?

Posted by whistlebower99 > 2024-07-30 12:02 | Report Abuse

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD
previously known VORTEX CONSOLIDATED BERHAD
previously known as SKH CONSORTIUM BERHAD
previously known as THE MEDIA SHOPPE BERHAD

====================
On behalf of the Board of Directors of HMCB (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:

(i) proposed consolidation of every 3 ordinary shares in HMCB (“Share(s)”) into 1 Share
(“Consolidated Share(s)”) (“Proposed Share Consolidation”); and

(ii) proposed renounceable rights issue of up to 1,356,361,086 new Shares (“Rights Share(s)”) on the basis of 3 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined and announced later (“Rights Issue Entitlement Date”) at an issue price of RM0.08 per Rights Share (“Issue Price”), together with up to 678,180,543 free detachable warrants in HMCB (“Warrant(s) D”) on the basis of 1 Warrant D for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3464502

https://www.klsescreener.com/v2/stocks/view/0060/harvest-miracle-capital-berhad

Check P/L and Capital Changes for previous share consolidation and share issuance exercises

==================
Another high NOSH penny conter going for share consolidation and followed by massive fund raising via shares issuance to RI to raise more than rm100 million for directors to utilise

===================
NOSH = 1,230,414,715
WC = 125,946,372

===================
Remember these names ???

HARVEST MIRACLE CAPITAL BERHAD
previously known VORTEX CONSOLIDATED BERHAD
previously known as SKH CONSORTIUM BERHAD
previously known as THE MEDIA SHOPPE BERHAD

==================

Posted by whistlebower99 > 2024-08-22 09:41 | Report Abuse

FOR NEWBIES

https://www.klsescreener.com/v2/stocks/view/0060/harvest-miracle-capital-berhad

Past corporate exercises carried out by directors :-

Announced EX Date Subject Ratio Offer
16 Mar 2021 29 Mar 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.1700
18 Jan 2021 02 Feb 2021 Share Consolidation 1.0000 : 4.0000 View
29 Mar 2019 10 Apr 2019 Rights Issue (warrant) 1 : 5 0.1500 View
29 Mar 2019 10 Apr 2019 Rights Issue 3 : 1 0.0500 View
09 Jan 2019 22 Jan 2019 Share Consolidation 2 : 1 View
28 Jul 2015 07 Aug 2015 Share consolidate 2 : 1 View
06 Dec 2011 16 Dec 2011 Rights Issue (warrant) 2 : 1 View


==================
Share consolidation followed by massive fund raising via rights issue !!!

Richdady

95 posts

Posted by Richdady > 2024-09-02 00:15 | Report Abuse

Soon will cross 10

Michael Kwok

6,516 posts

Posted by Michael Kwok > 2024-09-02 00:26 | Report Abuse

Harvest 8.5 cents
Will put 6-7 cents,then started to wait.
2/9/24 12.26am

tklim

3,204 posts

Posted by tklim > 2024-09-12 09:48 | Report Abuse

The progress for the share consolidation for Harvest Miracle Berhad (HM) is that it has been proposed, but the effective date has not been disclosed. Here are the details:

Proposed Share Consolidation:
The board of directors of HM has proposed a share consolidation that will see every 3 shares held by the company consolidated into 1 share.

Effectiveness Date:
The effective date for the share consolidation has not been disclosed.

Shareholder Approval:
The share consolidation is subject to shareholder approval, which will be sought at the company's forthcoming annual general meeting.

In summary, the share consolidation for Harvest Miracle Berhad has been proposed, but the effective date has not been disclosed, and the proposal is subject to shareholder approval.

tklim

3,204 posts

Posted by tklim > 2024-09-17 11:00 | Report Abuse

Harvest Miracle Capital Berhad (HM) shows potential for short-term gains but carries some risks, with its long-term outlook remaining mixed.

Short-term Outlook:
===============
Recent Performance:
HM's recent earnings have been affected by unusual expenses, which have reduced statutory profit over the last year. However, the company expects these expenses to be non-recurring, which could lead to improved profitability next year.

Technical Analysis:
The stock's technical indicators suggest a strong sell, with a buy signal from oscillators and a buy trend from moving averages, indicating potential for short-term gains.

Market Sentiment:
There is positive sentiment among shareholders, as evidenced by a 28% share price increase in the last month.
------------------------------------------------------------------------------------------


Medium-term Outlook:
=========================
Financial Health:
HM has shown improvement in its financial health, moving from a net loss to a profit in the full year 2024, driven by lower expenses.

Revenue Growth:
The company's revenue has shown a decrease of 32% from FY2023, but there is a 19% increase in revenue for Q1 2025 compared to Q1 2024.

Analyst Coverage:
There is limited analyst coverage, which makes it difficult to forecast growth and revenue accurately.
--------------------------------------------------------------------------------------------

Long-term Outlook:
==============
Strategic Moves:
HM has made strategic acquisitions, which could contribute to long-term growth.

Valuation:
The company's valuation is below the market average, which could indicate undervaluation if the company's growth prospects are realized.

Industry Position:
The company operates in the IT and ICT sectors, which is expected to grow, potentially providing a favorable long-term environment.

In conclusion, while there are signs of improvement in Harvest Miracle Capital Berhad's short-term and medium-term prospects, the lack of analyst coverage and the mixed long-term outlook warrant caution.

The company's strategic moves and potential for growth in the IT and ICT sector suggest there could be long-term potential, but this should be weighed against the risks and uncertainties.

Posted by whistlebower99 > 2024-09-26 10:27 | Report Abuse

FOR NEWBIES

https://www.klsescreener.com/v2/announcements/view/7895161
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3484044

(i) proposed consolidation of every 3 ordinary shares in HMCB (“Share(s)”) into 1 Share
(“Consolidated Share(s)”) (“Proposed Share Consolidation”); and

(ii) proposed renounceable rights issue of up to 1,356,361,086 new Shares (“Rights Share(s)”) on the basis of 3 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined and announced later (“Rights Issue Entitlement Date”) at an issue price of RM0.08 per Rights Share (“Issue Price”), together with up to 678,180,543 free detachable warrants in HMCB (“Warrant(s) D”) on the basis of 1 Warrant D for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).

============
On behalf of the Board, TA Securities wishes to announce that Bursa Securities has, vide its letter dated 13 September 2024, resolved to approved the following:

(i) Proposed Share Consolidation;
(ii) admission to the Official List and initial listing and quotation of up to 678,180,543 Warrants D pursuant to the Proposed Rights Issue;

(iii) listing and quotation for up to 1,356,361,086 new HMCB Shares to be issued from the Proposed Rights Issue;

(iv) listing and quotation for up to 678,180,543 new Shares to be issued arising from the exercise of the Warrants D;
(v) up to 46,828,117 Additional Warrants C to be issued pursuant to the adjustments to the exercise price and outstanding number of Warrants C arising from the Proposed Rights Issue; and
(vi) listing and quotation for up to 46,828,117 new Shares to be issued arising from the exercise of Additional Warrants C,

================
Share consolidation and massive fund raising by directors coming very soon
Current NOSH = 1,230,414,715 will be consolidated into 410,138,238 shares
Up to 1,356,361,086 rights shares to be issued
New NOSH could be as high as 1,766,499,324 !!!

===============
Retail shareholders will have to contribute more money to directors fund raising exercise
Good luck !!!

Posted by whistlebower99 > 2024-09-27 19:25 | Report Abuse

CIRCULAR TO SHAREHOLDERS OF HARVEST MIRACLE CAPITAL BERHAD IN RELATION TO THE (I) PROPOSED CONSOLIDATION OF EVERY 3 ORDINARY SHARES IN OUR COMPANY ("SHARE(S")) INTO 1 SHARE ("PROPOSED SHARE CONSOLIDATION"); AND (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,356,361,086 NEW SHARES ("RIGHTS SHARE( | https://www.klsescreener.com/v2/announcements/view/7977703

limch

3,331 posts

Posted by limch > 2 months ago | Report Abuse

i3 nobody holding HM? Why become dead forum?

Wt345986

33 posts

Posted by Wt345986 > 2 months ago | Report Abuse

Die die die?

charliie

43 posts

Posted by charliie > 2 months ago | Report Abuse

It's a GEM ....for not understanding the companys developments

limch

3,331 posts

Posted by limch > 1 month ago | Report Abuse

Now OR change to R1 is it? Long time no traded or own Right Issue share; can some1 clarify?

limch

3,331 posts

Posted by limch > 1 month ago | Report Abuse

No answer meaning nobody own or busy selling R1 today?

limch

Now OR change to R1 is it? Long time no traded or own Right Issue share; can some1 clarify?

newbie5354_

1,319 posts

Posted by newbie5354_ > 1 month ago | Report Abuse

Buy R1 not sure make money? R1 at 1.5-2 sen plus RI 8 sen only cost 9.5-10 sen not true? Provided HM price maintain at 11.5 sen?

AlfI3

1,293 posts

Posted by AlfI3 > 4 weeks ago | Report Abuse

After R1 cease readings soon, can ony know whether it will sustain abv 0.115, which usually will go lower🙄

liferosak

25 posts

Posted by liferosak > 3 weeks ago | Report Abuse

still uptrend?

AlfI3

1,293 posts

Posted by AlfI3 > 2 weeks ago | Report Abuse

Every day up a bit, lama2 jadi bukit

Mar2083

902 posts

Posted by Mar2083 > 2 weeks ago | Report Abuse

Red today
Look like may down trend soon

limch

3,331 posts

Posted by limch > 2 weeks ago | Report Abuse

Money lending(already profitable) business to grow bigger post Right Issue?

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES


On behalf of the Board, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue at 5.00 p.m. on 7 January 2025 (“Closing Date”), the Company has received valid acceptance and excess applications for a total of 1,479,450,925 Rights Shares, representing a subscription rate of 120.24% over the total number of Rights Shares available for subscription under the Rights Issue on the Entitlement Date, resulting in an over-subscription rate of 20.24%.

MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/8838987

limch

3,331 posts

Posted by limch > 1 week ago | Report Abuse

Harvest Miracle’s rights issue oversubscribed; raises RM98.43 mil
https://theedgemalaysia.com/node/740856

limch

3,331 posts

Posted by limch > 1 week ago | Report Abuse

The company raised fresh capital of RM98.43 million from the cash call. Half of the amount raised will be invested in the money lending business while the remaining RM49.27 million will be used to pay off Aset Kayamas Sdn Bhd for the acquisition of the Genting Antara service apartment project in 2022.
https://theedgemalaysia.com/node/740856

limch

3,331 posts

Posted by limch > 1 week ago | Report Abuse

20 sen finance(money lending) counter where to find in Bursa?

CharlesT

15,062 posts

Posted by CharlesT > 1 week ago | Report Abuse

Countdown for sharp plunge....b4 the listing of 3X new rights shares on 21 Jan (next Tue)

Posted by leekonghuang > 6 days ago | Report Abuse

what happen this week why red red red

CharlesT

15,062 posts

Posted by CharlesT > 6 days ago | Report Abuse

3 times of new rights shares @ Rm0.08 going to list on 21 Jan

Better sell all yr shares now b4 it plunge further

CharlesT

15,062 posts

Posted by CharlesT > 3 days ago | Report Abuse

Boss is happily selling at 0.10+ to u all

His 3X rights shares@ Rm0.08 is coming tmr

CharlesT

15,062 posts

Posted by CharlesT > 2 days ago | Report Abuse

Wah Boss can goreng...

AlfI3

1,293 posts

Posted by AlfI3 > 2 days ago | Report Abuse

Is a darling to these bosses, CNY big Ang Pao .....!

limch

3,331 posts

Posted by limch > 2 days ago | Report Abuse

Miracle Harvest? Goreng for CNY? Clear those want to sell 8 sen RI first?

limch

3,331 posts

Posted by limch > 2 days ago | Report Abuse

Boss Liu Han Ming sure dumb-dumb hold. He also bought excess RI shares?

limch

3,331 posts

Posted by limch > 2 days ago | Report Abuse

Just visited Econsave. Kam a lot unsold because stock market poor under PM-X?

limch

3,331 posts

Posted by limch > 2 days ago | Report Abuse

Addendum(for Najib Razak) why bring up suddenly after 1 year? Poor stock market as no 1 reason?

stncws

10,735 posts

Posted by stncws > 2 days ago | Report Abuse

penny rises and trump rises

limch

3,331 posts

Posted by limch > 1 day ago | Report Abuse

20 sen(post RI shares listing) why cannot break?

limch

3,331 posts

Posted by limch > 1 day ago | Report Abuse

Finance(money lending already profitable) counter where can find in Bursa cheap like HM?

CharlesT

15,062 posts

Posted by CharlesT > 1 day ago | Report Abuse

103M lot Buyers for WD at 0.07...lol

sangjero

658 posts

Posted by sangjero > 11 hours ago | Report Abuse

LONG TERM...RM 20.00

Zavvy04

6 posts

Posted by Zavvy04 > 11 hours ago | Report Abuse

I was at my wit's end after losing $165,937 but @Isabelacyberco on Telegrm guidance was invaluable. She navigated the complexities of my case with expertise and compassion. Thanks to her, I can finally breathe easy again. Send her a direct message on wtsap +447448886580

sangjero

658 posts

Posted by sangjero > 8 hours ago | Report Abuse

https://klse.i3investor.com/mqtrader/app/fa/price_target/0060
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