Is this another high NOSH low price loss making penny stock waiting for directors to propose shares consolidation and more fund raising via rights issue, PP, ESOS, etc in the near future ?
============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
So it's now a 3.2B shares Co with mkt cap ard Rm32M@ Rm0.01.
Whoever bought at Rm0.03 b4 Ex n subscribed the rights of 2 for 1 @ Rm0.01 = RM0.04 / 3 shares= Rm0.0133 per share suffers a paper loss of 0.033 loss or 33%
======================== Announced EX Date Subject Ratio Offer 26 Dec 2023 17 Jan 2024 Rights Issue 2.0000 : 1.000 0.0050 View 29 Sep 2014 13 Oct 2014 Rights Issue (warrant) 1 : 1 View 11 May 2012 23 May 2012 Rights Issue (warrant) 3 : 2 View
====================== NOSH exceeded 4 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc causing massive dilution to shareholder equity % and EPS
====================== Expect directors to continue fund raising via share issuance
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI. This announcement is dated 15 July 2024.
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List of high NOSH penny stocks with shares consolidation :-
======================== Announced EX Date Subject Ratio Offer 26 Dec 2023 17 Jan 2024 Rights Issue 2.0000 : 1.000 0.0050 View 29 Sep 2014 13 Oct 2014 Rights Issue (warrant) 1 : 1 View 11 May 2012 23 May 2012 Rights Issue (warrant) 3 : 2 View
====================== NOSH exceeded 4 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc causing massive dilution to shareholder equity % and EPS
====================== Expect directors to continue fund raising via share issuance
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
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....
BenPg
212 posts
Posted by BenPg > 2023-08-17 21:49 | Report Abuse
Time to add more scb ↗↗↗