Reminds me of Sanichi? Cash rich from rights issue after consolidation of shares from 10 to 1. After cash depleted started another round of share consolidation & rights issue again and the cycle repeated many times...now share price only 3.5 sens..lucky cut loss & cabut already..
Edwin0908 revenue RM 51.98m, but cost of the sales RM 52.243m...
Selling a product at discounted price (0.5%) from your cost of product. That doesn't include admin & operating cost which amount to another RM 2.941m~~~!!
Every RM1m sales, lost RM5k. rm100m sales, lost RM500k. How much will it be for admin & operating cost??
wait for Baik123 to spam & explain again on how good to keep dump $ here.
A piece of advise, don't buy mlabs shares fr the moment. The choice is yrs anyways. Don't listen to Good123. That fella has been giving positive comments since last year jun but the price keeps falling
Don't think anyone here is qualify to influence someone to buy or sell. This counter is heavily controlled by their 'team'. But it doesn't mean that it won't go up.
we think it's cheap to buy 4 cents, drop to 1 or 2 cents... lost 50% to 75% capital value. or buy 4 cents, fly to 8-10cents or more?? risk is there... this become like gamble ~~
can we trust Baik123 the god of gamble, which one can we choose ??hahahHHAAA~~!! He keep promoting and spam positive news/comment even if the news is from past century!!
last year june, around 16 cents.. everything about mlab is good in the eyes of Baik123. keep promote mlab cheap and good to buy every time it drops.. now>>> 4 cents..
Only foxes in new clothing? Bosses is still the same..tks for sharing..
chimchim2828 Edwin0908 revenue RM 51.98m, but cost of the sales RM 52.243m...
Selling a product at discounted price (0.5%) from your cost of product. That doesn't include admin & operating cost which amount to another RM 2.941m~~~!!
Every RM1m sales, lost RM5k. rm100m sales, lost RM500k. How much will it be for admin & operating cost??
How to fly when no new projects & contracts? New CEO just appointed last month and you expect Mlab to fly? If you are dealing with a con stock the eventual outcome is always zero..
While you wait the world goes round...btw zelan dropped today due to going concern issues raised by external auditor...me think mlab just waiting for it to happen...with cooked bosses from fintec.
Doesn't looks good. Mlab Shareholders have been substantially diluted in the past year after the rights issue with total shares outstanding growing by 1051.7% to 1.449 billion shares. If MLab makes a new private placement of another 241.6 million new ord. shares. The no of shares available in open market will increase to 1.6906 billion shares diluting shareholders value ever further!
Normally the 241.6 million new shares will be issued at a discount below 4 sens like 3.5 sens so that the operators can make money from the public?
Doesn't looks good. Mlab Shareholders have been substantially diluted in the past year after the rights issue with total shares outstanding growing by 1051.7% to 1.449 billion shares. If MLab makes a new private placement of another 241.6 million new ord. shares. The no of shares available in open market will increase to 1.6906 billion shares diluting shareholders value ever further!
Mlabs Systems Berhad
Oct 01 Full year 2021 earnings released: RM0.022 loss per share (vs RM0.35 loss in FY 2020)
Full year 2021 results: Revenue: RM84.0m Net loss: RM14.6m Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings.
Just wondering the 10 to 1 share consolidation and rights issue was just completed in Dec 2020 to dilute shareholders value by over 1,000% to 1.449 billion shares..after10 months why the need for private placement of another 241 million new shares at a discount to dilute shareholders value further when MLab supposed to have RM100 million cash on paper? Another potential Sanichi in the making?
This an investor's forum if you can't communicate in english the international language for investors how to be a good promoter? Don't be a Jaguh Kampung!
Good123 Cakap bahasa orang putih tapi pengetahuan sifar pulak... usah bandingkan sanichi dengan mlabs. sanichi satu suku tahun jualannya kian merosot sehingga RM1juta+, mlabs pulak kian naik sampai RM50juta++
Pergilah belajar lebih sedikit. tolong!!!!!!!!!!!!!!!!!
@sailang_now Just wondering the 10 to 1 share consolidation and rights issue was just completed in Dec 2020 to dilute shareholders value by over 1,000% to 1.449 billion shares..after10 months why the need for private placement of another 241 million new shares at a discount to dilute shareholders value further when MLab supposed to have RM100 million cash on paper? Another potential Sanichi in the making?
Amboi Fasihnya BI mu. Good123 memang bukan calang orangnya. Kalau jerung mana boleh berbahasa BI dengan begitu fasih. Memang gua kasi satu like sebab menggunakan BM sebagai bahasa pengantara di dalam forum ini. Ini lah sebab kita dulu belajar BM di sekolah kebangsaan dulu dan menggunakannya sekarang untuk berbicara dalam dunia dagangan saham.
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....
chimchim2828
42 posts
Posted by chimchim2828 > 2021-10-01 09:22 | Report Abuse
5sen runtuh??? memang dah runtuh awal tahun lepas dari 10sen++ ke 4sen hari ni.
mungkin jangkaan kamu mlab runtuh kot?
sayap pun takda camne nak terbang??