DGB ASIA BERHAD

KLSE (MYR): DGB (0152)

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Last Price

0.07

Today's Change

-0.005 (6.67%)

Day's Change

0.07 - 0.07

Trading Volume

25,000


9 people like this.

10,176 comment(s). Last comment by sangjero 2 months ago

Posted by dolphinstock > 2020-12-30 00:36 | Report Abuse

Kahkah have u read the news, XOX will gobble up DGB RI for RM20mil. Dont have any investor، last2 sindiket company sendiri kena tolong beli.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 01:08 | Report Abuse

wow...really XOX sapu DGB OR ?
tomorrow last day...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 01:11 | Report Abuse

where the link news to XOX and DGB for 20million?

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 01:22 | Report Abuse

ok...i saw the news

***********************************************
To this end, the board of XOX has decided to take the opportunity to
participate up to 20m RM in the ongoing DGB rights issue, by applying for excess

************************************************

what the meaning by applying for excess?

Does it mean XOX need to buy DGB OR on Open market tomorrow?

Well, XOX only need to buy OR at 0.005 , volume needed 160 million and then convert at 0.12cent.

btuscy

1,134 posts

Posted by btuscy > 2020-12-30 01:41 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=110264&name=EA_GA_ATTACHMENTS

With the details of the SPV to be finalized, this move sees XOX continuing to
expand its business scope from being a traditional MVNO, into establishing the
building blocks for a foundation in media & content, fintech and microfinancing
strategies. To this end, the board of XOX has decided to take the opportunity to
participate up to 20m RM in the ongoing DGB rights issue, by applying for excess,
as part of an overall strategy to have cornerstone stakes in various silos of
complementary businesses, to harness synergies and operational directives.

btuscy

1,134 posts

Posted by btuscy > 2020-12-30 01:41 | Report Abuse

what does it mean then?

btuscy

1,134 posts

Posted by btuscy > 2020-12-30 01:43 | Report Abuse

could we be seeing another rally tomorrow?

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 07:54 | Report Abuse

@btuscy

In order for XOX to buy DGB right issue, it need to buy OR today..
unless somehow DGB donate the OR to XOX ( if that is the term call applying for excess)

today we shall see if any heavy trading on OR.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2020-12-30 08:43 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2020-12-30 08:46 | Report Abuse

Just be careful to all those who wants to invest in this co.....my 2 sens...!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2020-12-30 08:48 | Report Abuse

THen now the shareholders of XOX have to think where is the 20 million comesfrom..? .is that a good investment..? my 2 sens...!

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 08:58 | Report Abuse

@Bgt 9963

you are correct.....Should do PP after Share Consolidation 10:1

But hell no, still want to do immediate RI to "con" to cough blood money for their AI Vending Machine Venture and Ping U app.

remember...RI...Not Power Plant, Hydroplant, Glove factory..

Posted by Cidukciduk > 2020-12-30 09:32 | Report Abuse

Aiyoooooooooo

obakh222

398 posts

Posted by obakh222 > 2020-12-30 09:44 | Report Abuse

OR no buyer still???

yellowman

541 posts

Posted by yellowman > 2020-12-30 10:13 | Report Abuse

push to 40 cents la. sure buyer come.. hahaha

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 10:38 | Report Abuse

i guess that "apply for excess" is belakang mari.
mean XOX will carry DGB balls up to 20 million by converting to 0.12.

KeyNote:

Fintech RI at 0.08
Now market trading also 0.08

GoCean RI at 0.10
Today drop to 0.10
D-Day will be 4th Jan where RI listing.

Oklah...all got free Warrant.

So, i believe DGB also follow RI pricing
it will be when listing with RI share also
0.12


DGB today got 221 million OR at limitdown pricing.
NO Taker...

10KaDay

91 posts

Posted by 10KaDay > 2020-12-30 10:58 | Report Abuse

Can i subscribe the OR tmrw, at the same time I sell my existing Mother share (DGB)?

atmw81

220 posts

Posted by atmw81 > 2020-12-30 11:00 | Report Abuse

No OR buyer is good news for existing DGB holder..

Xox also no need to buy from open market for 20 mil. Just let the OR lapse ba..

Dgb already earning from those buy OR but not converting

10KaDay

91 posts

Posted by 10KaDay > 2020-12-30 11:08 | Report Abuse

if buy OF from the open market, automatically convert to Mother, but have to pay premium rite?
while whose with OR Rights will automatically convert for FREE with the 0.12 Subscription Price.
Please correct me if im wrong.

obakh222

398 posts

Posted by obakh222 > 2020-12-30 11:29 | Report Abuse

Correct me if im wrong...
Buy OR from.market 0.005
Then via registrar convert the OR just bought.
Also thru registrar pay 0.12 per unit for convert.
Last date to convert is 8th jan 2021.

Convert means from one OR you convert into one mother plus you get few warrant C ? Right?

obakh222

398 posts

Posted by obakh222 > 2020-12-30 11:33 | Report Abuse

No automatically la. You have togo thru conversion process which is thru REGISTRAR. if your trading account can do for you you need to make sure money is enuff in your account.

If cannot then you have to deal with registrar yourself.

Posted by dolphinstock > 2020-12-30 11:58 | Report Abuse

Macam ni la DGB, apa kata kau extend dulu RI trading period...kalau bolehlaaa...

Orang bukan taknak, tapi ragu-ragu...mood tengah tak baik pergi buat RI. Lain kali bagi rumors dulu baru RI, bukan RI dulu baru rumors.

Existing shareholder mmg tak la nak convert, masing2 tu retailer, duit dah takde. Tgk chart pun dah tahu dah sblm RI day tinggal ikan bilis je..

Bagi dulu masa trading lama sikit, build confidence, barula institutional investor masuk, barulah DGB punya share price tak volatile.

Ini last day baru kau nak bagitahu XOX nak beli, dan dah pasang 10 vending machine.. Institutional investor masing2 tgh christmas lagi la... Aduh..

Kan dah tak bijak, takkanla kau nak buat RI kali kedua pulak, haih...

Up_again

949 posts

Posted by Up_again > 2020-12-30 13:48 | Report Abuse

Apply for EXCESS don’t have to purchase the OR.
It’s all in the prospectus, rajin bacalah sikit
Don’t get manipulated by low lifes

Posted by AIDENLIM > 2020-12-30 14:22 | Report Abuse

gg OR

Yoloko

47 posts

Posted by Yoloko > 2020-12-30 14:50 | Report Abuse

Buaya shark .. combo team.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2020-12-30 14:58 | Report Abuse

If you wanna lose money to learn from the shark in this co..pls welcome if not then stay the hell out...! my 2 sens...!

Up_again

949 posts

Posted by Up_again > 2020-12-30 15:02 | Report Abuse

Well with the amount of new shares issued compared to existing at 6:1, its more or less like a backdoor listing raising lots of cash
Wonder what management will do, anyone hear anything?

yellowman

541 posts

Posted by yellowman > 2020-12-30 15:41 | Report Abuse

anyone holding DGB-wb ? Mum moves but warrant freeze... Apa tu ?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2020-12-30 15:49 | Report Abuse

It's seem that the OR is a goner...those billis who wanted to sell @ 0.005 is being block by the operators with massive 200 million...my 2 sens...!

yellowman

541 posts

Posted by yellowman > 2020-12-30 15:54 | Report Abuse

what's the consequences for this ? if the OR no interest from the public

Yoloko

47 posts

Posted by Yoloko > 2020-12-30 16:25 | Report Abuse

Alamak, money burnt ... later after Jan 08 DGB will become 0.12 sen ...? Then who buy higher ma jialat?

Yoloko

47 posts

Posted by Yoloko > 2020-12-30 16:33 | Report Abuse

GG OR

Posted by AIDENLIM > 2020-12-30 16:43 | Report Abuse

Should we convert ?

Up_again

949 posts

Posted by Up_again > 2020-12-30 16:47 | Report Abuse

Well the volume to push DGB mother up and support above 0.20 is very light
So wouldn’t take much to drop below 0.12
Best to make decision to convert late next week

Posted by AIDENLIM > 2020-12-30 17:00 | Report Abuse

But we have to make a decision now right ? as today is the last day to trade

faizal

1,457 posts

Posted by faizal > 2020-12-30 17:01 | Report Abuse

lain syarikat issue satu kali shares dapat 20mil pun sudah bina kilang .tiap tiap tahun pun ada revenue 100 mil profit pun ada 10~20 mil ,ini lancauu DGB issue shares tak habis habisan issue shares tiga tahun raised fund pun lebih 80 mil apa lancauu pun tak ada macam money games syarikat...

Posted by AIDENLIM > 2020-12-30 17:08 | Report Abuse

Rakuten trader has to convert by today right ? If not, it will burn the OR ?

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-30 19:13 | Report Abuse

i rather burn my OR..
because DGB is one useless Goreng...

Share Consolidation 10:1
then after that hamchoy from 0.4x to 0.5x and then 0.225.....

RI almost immediately.....0.16 to 0.17.
and then because OR no laku....2nd day Magic show 4:30pm 0.17 to 0.250 then close 0.205..

So OR still no laku even last day today...
Mother ended 0.225

So, why OR no laku...?

RI is for what fuckkkkk?
Their RI is for their never ending Ping U App......AI Vending Machine....

Good Business prospect kah?

Better don't convert....i rather burn my OR.

oh ya....XOX will be given free excess OR...
XOX will help up to 20 million fund.

This is the 1st time, i see OR Seller cannot sell their OR even at cheapest price 0.005 for 4 consecutive day which ended today
1st day OR can sell 0.010
2nd day last Thursday until today Wednesday OR Trading ended.....also no buyer

scenery

2,361 posts

Posted by scenery > 2020-12-30 22:32 | Report Abuse

XOX should thanks both dophinestock and HamsterHuat for their continued hantamn at DGB since OR listed, for they can subscript RI free, it market condition still like now when RI listed, they will make money; but if Mkt crash than all mampus not only this counter.

GuguGaga

115 posts

Posted by GuguGaga > 2020-12-31 01:23 | Report Abuse

How to convert?

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-31 07:43 | Report Abuse

@scenery
the fact is there.....
DGB OR Holder cannot dispose the shares.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2020-12-31 08:36 | Report Abuse

this 1 confirm under subscript....my 2 sens...!

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-31 17:35 | Report Abuse

Also not all RI making money for investor ya...

Check GoCean...
come Monday 4th......GoCean finally listing all the RI and Warrant..
What is the exercise price for RI....10 cent...

GoCean closing today is ...Guesslah...
0.90

Fuyooooo....

Erickson

94 posts

Posted by Erickson > 2020-12-31 18:19 | Report Abuse

dgb when and where to convert ?

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-31 20:18 | Report Abuse

Again....

Trade carefully and think carefully..

Go to GoCean.....now in deficit...
RI is 10 cent.
Today close 9 cent..

Even those buy OR from Open Market also lose money lo...

scenery

2,361 posts

Posted by scenery > 2021-01-03 14:30 | Report Abuse

b4 fintec RI out also you kept saying subscribers will lose money, with Wa they are still making a little. Gocean will lose or not wait for tmr, I had mentioned earlier, it is not suitable to compare Fintec and Gocean with DGB bec both of them didnt have shares consolidation while DGB has shares consolidation so after RI, their amount of shares is less than b4.

If Fintec listed shares increased to 2.88 bil those subscribed for RI still not losing money, then why should DGB RI subscribers lose? XOX has agreed to underwrite those RI, so will it be under subscribe or not, I dont know I didnt check. The timing of RI listed also will affect.

B4 shares consolidation, DGB shares was 10 to 18 cts since 2017, so I think it worth a try to subscribe for the RI.

sharewiz118

1,880 posts

Posted by sharewiz118 > 2021-01-03 20:47 | Report Abuse

DGB-OR sucks !!! crash and burnt

tamura

112 posts

Posted by tamura > 2021-01-04 09:07 | Report Abuse

haih...DGB-OR gone

scenery

2,361 posts

Posted by scenery > 2021-01-04 17:08 | Report Abuse

Can still subscribe not gone, last day is 8/1/21; but the issue is whether market is OK or not later.

Posted by SeliparJepon > 2021-01-04 17:09 | Report Abuse

Sudah fly skrg.

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