Becareful, itching toward 0.06 now. They will keep diluting then consolidation, same process appears afterwards.
Do not buy XOX above 0.07, let all private placement and XOX employees ESOS die. They keep issuing private placements (more 2.5 billions share unit since FY2020) below market price and then sell to retailer at market price to get 10% immediate encash.
Previously you own 100k units, you are above 100k over total circulated XOX shareholding of 1Billion. Now if your 100k units became 100k over the 3.9Billion XOX shareholdings. Retailers have been diluted to death silently.
This HOPELESS management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew Kee 3. Ng Kok Heng Google and can see their face, you can handle them in real life.
Becareful, dont buy into trap. They just issue ESOS 0.07 to employees about 210M units of shares, these employees are now waiting to dump at 0.08 to 0.10 to retailers.
Xox employees prepare to dump their free shares @0.07 to us retail investors at 0.08 to 0.10. 19/03/2021 11:43 AM
Working hard with politicians and government officers to scam public money and government land. 25/03/2021 12:26 AM 26/03/2021 9:30 AM X numberone numberone....check your i3 messenger 25/03/2021 8:31 AM X OracleOfOmaha https://www.google.com/amp/s/www.nst.com.my/amp/property/2021/02/668553/kanger-enters-genting-highlands-rm1429-million-investment-serviced-suites 25/03/2021 11:21 AM X OracleOfOmaha I found the linkage. Same gang of syndicate. Kanger share price drops like mad after dealing with Eddie Chai daddy private company Asetkayamas. 25/03/2021 11:23 AM X OracleOfOmaha Next step I guess buy petroleum assets from Steven Kuah ka since they announced it already.
Consolidate 2bil shares into 200 mil. Rights issue of 6 shares and 3warrant for 1 share. End up with 1.5 billion shares again. Wtf directors so cunning to squeeze minority shareholders for cash after raising so much from esos and private placement.
May bad karma look for the unscrupulous and unethical directors who keep raising funds through shares issuance, share consolidation and rights issue squeezing money causing huge losses to minority shareholders.
Notorious stocks with deficit in credibility/trust/transparency/integrity wont be able to gather any support from the investing public as the risk of misappropriation of fund collected is extremely high. It's a sgood as dumping your money into a black hole with unfathomable bottom.
at current price, it can afford to drop 3c daily for 8 trading days to return to pre-RI price level to trigger off another round of consolidation/RI/ESOS/PP to excite the loyal shareholders with reduction and inflating of NOSH to maintain the original NOSH level while gathering huge fund for self-inflicting financial losses with prime pumping of attached companies. This cycle will repeat itself automatically yearly.
Bursa I think also impotent...keep approving all these gazilllion shares issues...becoz they get MORE clearing fees & stamp duties while retailers get diluted to death.
Avoid this con company. Directors using scam to get rich quick at expense of minority shareholders. Issue billion shares to esos and private placement and do share consolidation with right issue to raise more money from shareholders. Minority investors suffer huge losses due to these scam. Report to authorities to investigate these cheats and send them to jail
Later will right issue 0.045 or 0.035, then boss will draft the story again to diversify their business to 6G, continue new bie will digest their toilet paper. Gogogo.... Jump to deep hole
Their money is money, our money is not, government just help them to korek our money from FD. Legal money game.... ESOS, SOS, CONSOLIDATE, then PRIVATE PLACEMENT.
before ask for hope, ask yourself why it will go up first, also why it went down-most probably its a scam stock and everyone know it. A scam stock will pull waterghost spam rocket/ up/ show....waterghost will lure waterfish and waterfish will transform into new waterghost and repeat.
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....
Scylla
676 posts
Posted by Scylla > 2021-04-02 14:11 | Report Abuse
Congratulations