Posted by Ting Ting > 2021-02-19 15:33 | Report Abuse

Company directors and shareholders who r good at nothing.. Keep shifting here n there without direction.. Their expertise and main purpose is to get more free cash from retailers..

Posted by Henryz79 > 2021-02-19 15:56 | Report Abuse

Push up to 0.10 before consolidate 10:1 ??

You must be day dreaming......

The company propose every 1 consolidate share entitle to 1:6 right issue at 0.10 cents that mean if you have 100 lot after consolidate = 10 lot and your entitle to purchase 6 lot at 0.10 cent

If let said the ex date is 0.10; after consolidate it will become 1.00
and you allow to buy 0.10 for 6 lot thus this 6 lot have 0.90 profit... Woow that would be great investment.... immediate you earn RM5400....

This not include free warrant

Sound realistic for you??

What is the purpose for company to call for right issue?? Need money
Instead of collect money from investor, they giving out money??

You see female frog jumping around street

This exercise dont bring much value to investor, wont be surprise the price after consolidate is less than 0.20....due to right issue

Which mean the worth can be only 0.02 cents before consolidate

Posted by Henryz79 > 2021-02-19 15:59 | Report Abuse

I also victim for this.... I dont encourage right issue offer; not worth for existing share holder

Posted by freddiehero > 2021-02-19 16:02 | Report Abuse

?? I'm blur with ur Teory.. Mayb I'm miss understanding

Posted by MoSalah > 2021-02-19 16:04 | Report Abuse

But oddly they’re buyers now propping the price btw 0.45-0.50.

Posted by MZM2511 > 2021-02-19 16:05 | Report Abuse

This exercise dont bring much value to investor, wont be surprise the price after consolidate is less than 0.20....due to right issue

Which mean the worth can be only 0.02 cents before consolidate
----------------------------------------------------
In Vivo case,
The lowest price in a year before consolidation was @1.5 sen. At the day before consolidation, the price was transacted @5 sen.
Vivocom, the price before consolidation of 10:1 was @4.5-5 sen. On the first day of trading after consolidation, the price jumped to 67.5 sen and on the fourth day of trading the price closed @RM1.07.

and:
In Trive case,
On the first day of trading after consolidation of 25:1, the price jump from 1.5 sen to 31.5 sen. After few weeks of trading, the last trading price is @18 sen.

Posted by MZM2511 > 2021-02-19 16:12 | Report Abuse

What is the purpose for company to call for right issue?? Need money
Instead of collect money from investor, they giving out money??

You see female frog jumping around street
----------------------------------------------------
Please bare in mind that BOD and other insiders also have shares that also has to be consolidated, same as retail investor's shares.
Do we think that they will sacrifice the loss on their wealth in shares because of this consolidation exercise????

Posted by xuxu > 2021-02-19 16:17 | Report Abuse

no game here, bought 0.045 sold the same

Posted by MZM2511 > 2021-02-19 16:36 | Report Abuse

and you allow to buy 0.10 for 6 lot thus this 6 lot have 0.90 profit... Woow that would be great investment.... immediate you earn RM5400....
-------------------------------------------------
The 10 sen set for RI after consolidation I think just an indicative price for proposal purpose. The price would be higher or lower depend on the RI price set before executing the RI.

But, as my understanding, the RI price will be set at arround 30% lower than the average price set before the RI.

Posted by MZM2511 > 2021-02-19 16:37 | Report Abuse

@freddiehero ?? I'm blur with ur Teory.. Mayb I'm miss understanding
--------------------------------------
The theory given by the prospective investor who are still outside this counter (without any shares left) will be different from the theory adopted by current share holder of this counter (especially for those who are at condo price). He He.

Posted by Henryz79 > 2021-02-19 17:15 | Report Abuse

Bro

Vivocom & Trive got this??

Consolidate + Right Issue + Free Warrant (Same time)??

Different scenario......

This Mtouche exercise 3 in 1 proposal......

Of coz buyer can choose not to buy Right Issue....

That would be more disadvantage.... becoz you are not averaging up

I not sure if future will rise.... majority of tech company up recently but i wonder why not mtouche

It seem to me Mtouche like headless chicken, not direction not sure going into tech or medical line.... What the report indicate the tech department not seem to be doing well... I bang in becoz initially this company looking forward as pfizer distributor as well as covid kits.... mana tau nothing materialize yet.... Over estimated the company and "Marican"....

Now everyone include foreigner seem to giving free vaccine.... and government direct nego... thus if they successful get pfizer distributorship... Doesnt seem like a good thing for me...

Posted by MZM2511 > 2021-02-19 17:43 | Report Abuse

@Henryz79. I'm sorry.
Vivo no. Trive yes.

Posted by MZM2511 > 2021-02-19 17:48 | Report Abuse

To be more nuetral about consolidation, let us refer to academic.

For example if the price before consolidation is 5 sen, theoretically the price after consolidation is 10 X 5 sen = 50 sen.

But in reality:

The price usually not as theoretically assumed. Its sometimes higher than the price set by the theory and its also can be lower. Its depends on the specific conditions of the companies. Every companies have their own nature....

Posted by MZM2511 > 2021-02-19 18:01 | Report Abuse

The price before consolidation and the price after consolidation anyway will be determine by the market forces.

It will depends on BOD (and include insiders), promoters (if any) and retail investors decisions about it....

Posted by FakeSifu > 2021-02-20 15:09 | Report Abuse

https://www.astroawani.com/berita-malaysia/malaysia-bakal-nikmati-teknologi-5g-menjelang-hujung-tahun-ini-muhyiddin-283665

Posted by Mytrd > 2021-02-20 18:03 | Report Abuse

Fakesifu thanks for sharing news. You still interested with Mtouch

Posted by bullgoup123 > 2021-02-21 18:20 | Report Abuse

Will Mtouche be the next stock which will limit up hahah

Posted by EVO118 > 2021-02-23 06:16 | Report Abuse

The average price before consolidation looks like it is going to be 0.045 - 0.05. The RI is likely to end up after discounting from 0.50 to most be likely at 0.10.

Posted by iopa46 > 2021-02-23 10:53 | Report Abuse

same as dgb 10:1 . syndicate trap.

Posted by myshare > 2021-02-23 23:36 | Report Abuse

I always thought that RI price will be lower than orignal stock price after consolidation

Posted by drago_7 > 2021-02-24 10:33 | Report Abuse

Yes the RI price will be lower than the original stock price. Otherwise no one will take it up as it is not attractive.

Posted by MZM2511 > 2021-02-24 14:13 | Report Abuse

It's mentioned there that the indication discount would be around 30% of the average stock price after consolidation

Posted by defragmenter > 2021-02-24 15:57 | Report Abuse

So thats mean the stock price will be 0.05 and RI will be offered 0.035 based on 30% discount

Posted by MZM2511 > 2021-02-24 17:16 | Report Abuse

defragmenter So thats mean the stock price will be 0.05 and RI will be offered 0.035 based on 30% discount
-------------------------------------------------
Would be set on the average price after consolidation, means the average price will be calculated for certain period selected prior setting the RI price. Let say, after consolidation, they will picked certain period, let say calculate the average price for one week before the RI price being set.
Let say the scenario is the average price will be 20 sen. Therefore, if they set the discount at 30%, means they will set the RI price @ 14 sen.

I hope if I am wrong, sifu here can give correct explanation. He He

Posted by DarkSamurai > 2021-02-24 18:20 | Report Abuse

Last time said what 10:1 news. But suddenly no more news....now i also wait.
Who cannot wait comfirm die.
Even we buy or sell. It not effected the business.
All is Bullshit. Just wait shark come. Hit and run

Posted by Mytrd > 2021-02-24 18:24 | Report Abuse

RI price will be set after consolidated. If let say calculate average price is rm0.20 everyone loss kaw kaw. Including pp shareholder ard 0.06 and employees ard 0.05 before price consolidation.

Posted by MZM2511 > 2021-02-24 18:36 | Report Abuse

@Mytrd. Yes if the average price will be only 20 sen. All of us will suffer a big loss. But its only the example. The true average price also will depend on the price set on the market after consolidation.

Posted by Mytrd > 2021-02-24 18:39 | Report Abuse

In this case better we all retail shareholders should reject the plan and company should revealed the concrete plan and justification setup healthcare business. Such as take so long time to execute covid test kid and apply for the license which indicate previously will get in Q1. Now all vaccine, what the point for test kit. If future less use or business for test kit

Posted by MZM2511 > 2021-02-24 18:47 | Report Abuse

I don't agree with this company's plan.But do we retail investors have enough votes at EGM to cancel their plan? In most cases, retail investors will ignore to vote, therefore the insiders plan will be easily passed.

Posted by Mytrd > 2021-02-24 18:58 | Report Abuse

Hahaha, that I don’t have experience

Posted by freddiehero > 2021-02-24 19:00 | Report Abuse

haha.. control by their hand ma, like I said free share on hand.. Wat to do

Posted by freddiehero > 2021-02-24 19:01 | Report Abuse

maybe they choose consol bump more cash in..

Posted by freddiehero > 2021-02-24 19:01 | Report Abuse

or maybe cancel consol then fly..

Posted by MZM2511 > 2021-02-24 19:02 | Report Abuse

I myself also never voted in any related company's AGM or EGM. He He

Posted by EVO118 > 2021-02-24 19:47 | Report Abuse

All this to be voted in the 2nd qtr. the 3rd qtr is where they get to implement their health strategy after the bird has flown ( covid-19 ) with whatever crumbs left. Don't forget they are a very inefficient mob that has been talking about the test-kit way before anybody. It might be in the 4th qtr before anything happen. Better get back to 5G communications which is more up their alley.

Posted by DarkSamurai > 2021-02-24 19:47 | Report Abuse

This counter should be 0.005 only. Coz everyyear Lost money, Why still have 0.045 to 0.050. IT because
Many ppl still stuck money here.

Posted by freddiehero > 2021-02-24 19:51 | Report Abuse

stuck money, mean become support rite.. after support then is fly..

Posted by Noned > 2021-02-24 21:15 | Report Abuse

@DarkSamurai
2017 RI fund still 7m
No of share 1.4b
Value half sen..

Posted by DarkSamurai > 2021-02-24 22:20 | Report Abuse

@noned Agree.. that moment shark come eat and run.
2021 mtouch new said 10:1 due to want additional to do Testkit. After 1 week later. The news no more.
And this is SUGESTION only. But not comfirm.
That time 0.05 to 0.055. Now if now shark come. I no eye see. I also sangkut here.

Posted by Ting Ting > 2021-02-25 14:10 | Report Abuse

Confirm QR result is bad.. If it is good sure got spike prior announcement..
Hopefully multiproposal is rejected.. Obviously it is just another plan to utilise retailers' money for SH own purpose..

Posted by MoSalah > 2021-02-25 14:42 | Report Abuse

All of us sangkut here too...

Posted by MoSalah > 2021-02-25 15:05 | Report Abuse

Only 1% buyers.... omaiguard

Posted by Ting Ting > 2021-02-25 15:57 | Report Abuse

Now everybody talking bout inject vaccine.. Registration for vaccination.. Economy recovery and travel.. Suddenly Mtouche talk about covid test kit..
Is it coz they run out of money? Time to get more fund..

Posted by defragmenter > 2021-02-25 16:41 | Report Abuse

Tomorrow should announce QR result. Probably have some good shit.

Posted by freddiehero > 2021-02-25 16:56 | Report Abuse

management not yet announce any news about test kit? should be announce liao..

Posted by joelabu1976 > 2021-02-26 09:16 | Report Abuse

it is the company throwing the price down

Posted by Titus Kp > 2021-02-26 09:53 | Report Abuse

It’s a game of patience

Posted by freddiehero > 2021-02-26 10:41 | Report Abuse

it is asking u to sell off..

Posted by freddiehero > 2021-02-26 10:42 | Report Abuse

who know someone are keep buying small. nonstop..

Posted by EVO118 > 2021-02-26 11:57 | Report Abuse

For the RI to be successful,they need to pump the price up before consolidation. The lower the price means they are getting less from the RI. Nobody is going to take up the RI if there is no decent discount or possibly a price hike because they have a good future. Like i said earlier forget about the warrants. I still hold the last lot of warrants which are today "TOILET PAPER". If they pump it, then we have to make a decision of whether to sell or stay.