Instead of bringing shareholders value to investors these companies are bringing liabilities to shareholders. Lack of innovations and bringing new projects will results these companies becomes PN17 and finally delisted. Survival of the fittest. Investors must pay attention to company initiatives !
Correct. To maintain sentiment operator keep above 30 cents. After right issues shares will be diluted and value of stock will go back to basic heading south. Watch and see the value drop and take second to pump up. A trap at high price !
Changes in Director's Interest (Section 219 of CA 2016) TECHNA-X BERHAD
Particulars of Director Name DATUK LIM CHIH LI @ LIN ZHILI
Nature of Interest 1 21/06/2024 10,000,000 Disposed Indirect Interest Name of registered holder TAP Partners Sdn. Bhd. Consideration (if any) RM3,850,000.00 2 24/06/2024 5,000,000 Disposed Indirect Interest Name of registered holder TAP Partners Sdn. Bhd. Consideration (if any) RM1,925,000.00
Total no of securities after change Direct (units) 117,500 Direct (%) 0.050 Indirect/deemed interest (units) 22,205,882 Indirect/deemed interest (%) 9.444 Date of notice 25/06/2024
===================== NOSH = 235,125,043 after share consolidation in May 2024
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in 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, RI , asset acquisition, etc
=========== Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2023-06-06 13:43 | Report Abuse
consolidation of every 20 existing Shares into 1 ordinary share of TXB
not likely above 0.01 on ex-date