Why play penny stocks and expect good results to be annouced. Even all the blue chips declared terrible 2nd Q results. All the 3 biggest bank declare zero dividend for 2nd Q. This penny stock got NTA of 21 cents. Apple room to goreng
Posted by TunPika > Sep 2, 2020 6:02 PM | Report Abuse I trap here. I buy 2 or 3 month ago 0.125 Still Slepping, huh So High 2 months ago. Lost 40% Should rebound by at least 20%
To attract more investors, they have to push up the price to get the turn over money..otherwise, it gonna sleep for a long time.. No investors=no modal=no volume=no profit=dead counter/ investors=modal=turn over=more investors=more volume=shares prices push up=profit..
Private Placement of 30% issue capital at about 6.08 cents. ESOS is 6.5 cents. Quite unusual. PP is lower than ESOS. Anyway there is hope - Most Penny Stocks that did huge PP goes up by at least 50%
Posted by Topper88 > Sep 26, 2020 9:52 AM | Report Abuse There are also some stocks having private placement but share price didn't move Talking about below 10 cents stocks. Also this company just spend Ms$ to buy shares in Metrosonic. Why?
MTRONIC] Notice of Interest of Substantial Shareholders - SANICHI TECHNOLOGY BERHAD on 22-Sep-2020 Stock [MTRONIC]: METRONIC GLOBAL BHD Announcement Date 22-Sep-2020 Substantial Shareholder's Particular: Name SANICHI TECHNOLOGY BERHAD Details of Changes: Currency - Date of Change Type Number of Shares 21-Sep-2020 Acquired 92,350,000 Nature of Interest Direct Interest Shares Ordinary Shares Reason Acquisition of shares Total no of securities after change Direct (units) 127,238,100 Direct (%) 10.21 Indirect (units) 0 Indirect (%) 0.00 Total (units) 127,238,100 Total (%) 10.21 Date of Notice 22-Sep-2020 Latest Subst. S/H TransactionsMTRONIC's Substantial Shareholder Transactions Market Buzz Show 50 entries Search: Date Type Subject 26-Sep-2020 Forum 2 New Comments 25-Sep-2020 Insider DATO' SRI PANG CHOW HUAT (a substantial shareholder) transferred 17,851,958 shares on 24-Sep-2020. 25-Sep-2020 Insider DATO' SRI PANG CHOW HUAT (a substantial shareholder) acquired 17,851,958 shares on 17-Sep-2020. 25-Sep-2020 Insider CITA REALITI SDN BHD (a substantial shareholder) acquired 11,300,000 shares on 23-Sep-2020. 25-Sep-2020 Insider CITA REALITI SDN BHD (a substantial shareholder) acquired 5,000,000 shares on 22-Sep-2020. 24-Sep-2020 Blog Evening Market Summary - 24 Sept 2020 24-Sep-2020 Insider Notice of new substantial holder - M N C WIRELESS BERHAD on 21-Sep-2020. 24-Sep-2020 Insider Notice of ceasing to be substantial holder - TAN SRI LEE KIM YEW on 24-Sep-2020. 22-Sep-2020 Insider Notice of new substantial holder - SANICHI TECHNOLOGY BERHAD on 21-Sep-2020. 22-Sep-2020 Insider TAN SRI LEE KIM YEW (a substantial shareholder) disposed 180,000,000 shares on 21-Sep-2020.
Let go what to do ..I have to cut lost to invest other things..here lose few hundreds only but other can get me earn more..so mah have to let go lo..if I stuck few thousand maybe have to thk first lo..few hundred say bye bye first better since no future..
ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices. “It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked. However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.
“This [his not surfacing] could be due to several issues,” another source adds. It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur. In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.
Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006. Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd. Since FTEC — which morphed into Tecasia Bhd and later Mangotone Bhd — was delisted, Vun has had little direct presence in the market. However, Vun’s two sisters, Carol Vun On Nei and Grace Vun Siaw Nei, hold stakes of 3.64% and 0.67% respectively in Xidelang Holdings Ltd.
Fragmented shareholding While Fintec Global seems to be a prominent company at the centre of the maze, its shareholding is fragmented, with several blocks of shares parked under Sanston Financial Group Ltd. In several of the 21 companies on the list, Sanston Financial is present in the shareholding list. Other companies that surface as shareholders in these list of companies include Global Prime Partners Ltd and Cita Realiti Sdn Bhd, a private company wholly-owned by one Kamarudin Khalil. Other shareholders, albeit usually holding small stakes, among the 21 companies include Datuk Jacky Pang Chow Huat — who, apart from a 11.84% stake in Sanichi Technology Bhd — has small stakes in DGB Asia Bhd, Focus Dynamics, MNC Wireless Bhd and Xidelang. Pang is also a director in Sanichi Technology. Meanwhile, businessman Mak Siew Wei has 23.4% in AT Systemization, 17.07% in Green Ocean Corp Bhd and small stakes in Focus Dynamics and Xidelang. He is also a director at AT Systemization, Green Ocean and Saudee Group Bhd.
Datuk Eddie Chai Woon Chet recently acquired a 62.37% stake in restaurant operator Oversea Enterprise Bhd, and has a 6.71% shareholding in Anzo Holdings Bhd, where he is managing director and has a board position in M3Technologies (Asia). Another name frequently seen is Datuk Kua Khai Shyuan, who, besides a 5.9% stake in mTouche Technology, has small shareholdings in Focus Dynamics, PDZ Holdings Bhd and Sanichi Technology, and has board seats on Trive Property Bhd, DGB Asia and MNC Wireless. Former Umno treasurer and former Bank Simpanan Nasional Bhd chairman Datuk Abdul Azim Mohd Zabidi surfaces as a director in four of the companies — Fintec Global, DGB Asia, Anzo and XOX. Most of the companies are loss-making and small in terms of market capitalisation, with the exception of Focus Dynamics, which has a market value exceeding RM5 billion. Nevertheless, Focus Dynamics, which is involved in operating food and beverage outlets, seems to be the star performer, with its stock price hitting a multiple-year high of RM2.64 recently on Sept 17, despite mustering a meagre RM3.08 million in net profit from RM20.72 million in revenue for its six months ended June this year. Year to date, Focus Dynamics stock has gained about 400%.
Irrational exuberance Trading volume on most of the 21 companies is generally high, and many have .......
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....
mikeann
830 posts
Posted by mikeann > 2020-08-27 17:59 | Report Abuse
1st half results out.
Company financial performance has improved over the previous years.
1st half results loss was reported at 3.714 million which is a decrease of 65% over the previous year of 10.596 million.
NTA is 21 sen per share .
Rebound imminent. Immediate resistance at 0.10