Thanks for sharing the observation! I hope not just 2 of us....may be ppl are temporarily busy with Sapura, Cypark... Remember 1 year ago there were TurkeyFig, Doggie888 among others....One of them very confident about Mdm Chan, and influenced me to hold all these while even when it was as low as 7 sen. Lucky and Appreciate that!
Proposed Change of Company Name VORTEX CONSOLIDATED BERHAD
Proposed company name HARVEST MIRACLE CAPITAL BERHAD
================== Vortex Consolidated Bhd has proposed to change its name to Harvest Miracle Capital Bhd.
In a Bursa Malaysia filing, the group said the new name was approved by the Companies Commission of Malaysia (CCM) on June 8.
================= Remind of Harvest Court
Loss-making Harvest Court Industries Bhd is proposing to change its name to “Anzo Holdings Bhd”. In a filing with Bursa Malaysia today, Harvest Court said the new name has been approved and reserved by the Companies Commission of Malaysia (CCM) on July 6, 2015.21 Jul 2015
ANZO still incur multi year losses =================
palm oil kaunters are all down to their pre-rally level except for VC... can it sustain at this price or later dumped by operator after warrant conversion?
VORTEX WILL ISSUE 4 BILLION NEW SHARES AT 6SEN TO RAISE RM240MIL. FOR THE PURCHASE OF CONDOS,..........WAIT TO SEE MORE PRIVATE PLACEMENT, ESOS, & RIGHT ISSUE,........
RI, bonus, RI, split, soon bye bye counter. change name, share consolidation and those are very simple and only tools used to goreng goreng and goreng. Suits gamblers
From AR2022: "DATO’ LIU HAN MING, a Malaysian, aged 46 was appointed as a Non-Independent Non-Executive Director of the Company since 06 April 2022. After his secondary education in 1991, Dato’ Liu Han Ming ventured into trading of consumers and food products before leaving for Singapore to pursue his career in the construction industry in 1994. In 2005, he returned to Malaysia to set up his own business venture, Hup Lee Plantation Sdn. Bhd., mainly involved in agriculture and plantation." fyi, the key managers appointed to go into the oil palm venture are from Hup Lee, so are Dato' Liu's people. Dato' also has 17 years of experience in plantation business, so I think I can sleep well with this investment. I just keep and expect getting dividend in few years.
hi jt18, I checked my record, sold some at over 17sen, cost was about 12 sen. Am still keeping some because i like to have some of my counters in agriculture.
HM's 50 acres durian farm will start to bear fruit in 2026, 3 more years. Meanwhile, I will just sit back and let HM work on its diversification plans to oil palm.
PP at only 10.5 sen behind recent drop? But then plantation company not bought at discount to RM 30 million market valuation? Plantation company bought not in Johor? Got affected by Johor flood or not?
jt18, for plantation , i think got to be long term, need patience. So I just set a target and leave it, check once a while.
5354_, May be the reason. Glad you point out. And bought at discount......i post again my earlier post: ".....It hired experienced managers, a PhD scientist, and a team of workers to do the job. 1300 acres for 21mil was a good deal as the valuation was 30mil. Besides oil palm, the land has 45 acres of durians, maturing in 2026. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326384" Pls check and evaluate it yourself. Good Luck!
For HM counter, I remind myself the Chinese idiom story about 拔苗助长 "to help the shoots grow by pulling them upward", so just stay calm, do something else while waiting. Good luck!
Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. Show multi year losses, multi quarter losses 3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition 4. Directors utilise most of the fund raised 5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue 6. Maybe change company name to 'hide' the past from new investors 7. Repeat step 1 to 6
Previous Company name = VORTEX CONSOLIDATED BERHAD
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 29 Mar 2019 10 Apr 2019 Rights Issue (warrant) 1 : 5 0.1500 29 Mar 2019 10 Apr 2019 Rights Issue 3 : 1 0.0500 09 Jan 2019 22 Jan 2019 Share Consolidation 2 : 1 28 Jul 2015 07 Aug 2015 Share consolidate 2 : 1 06 Dec 2011 16 Dec 2011 Rights Issue (warrant) 2 : 1
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....
8888_
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Posted by 8888_ > 2022-05-30 09:44 | Report Abuse
Net cash improve to 5.4 sen(from 17 sen warrant conversion) from 4 sen last quarter is my observation. Only 2 of us left to talk?