Procc im sure u also a huge losses that already sell it all..haha im here to support my fren from suffers..hopefully my comment will open traders mind..not condenmed
Thanks martin..if all of you want this penny stock rebound..please..please..pull it back from selling 0.060..for those buy lower want untung lebih knp perlu jual awal2..??xmau untung lebih ke??
On behalf of the Board of Directors of APFT, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following proposals:
(i) proposed reduction of the issued and paid-up share capital of APFT via the cancellation of RM0.15 of the par value of every existing ordinary share of RM0.20 each to RM0.05 each in APFT pursuant to Section 64 of the Companies Act, 1965 (“Proposed Par Value Reduction”); and
(ii) proposed amendments to the Memorandum and Articles of Association of APFT (“Proposed Amendments”).
Please refer to the attachment for further details of the announcement.
In order for new investor to inject the capital to APFT, APFT has to decrease the par value of share capital from RM0.20 to RM0.05 because the Acts said APFT cannot issue new shares if the market value (RM0.065 or lower) is lower than the par value (RM0.20).
Therefore, APFT has no choice to reduce the par value to RM0.05 so APFT has the flexibility to raise fund by issuing new shares. This is another way for inviting new investor into the Company.
Based on current situation, if you are holding the shares with cash then no issue. If you are contra player then may have panic selling tomorrow.
Good luck and I still positive on APFT. It will take longer time to recover. But based on observation, the management has tried their best to rectify the situation instead didn't take any action. Therefore, I would rather sit back and relax and wait the management to run this show.
bye bye to APFT, no more in my list counter from now....sayonara.... this is what happy when company anak-beranak (family) mahu untung atas angin, tak mau kerja mau untung atas angin.... maaaa....
Martin555,don't be sad but be brave to face yourself bcos we ourselves do not want to admit our mistake earlier by trusting the wrong stupid management. Whatever wealth you have now,you must hold tight for future living,made adjustments in your life style by having a simple life through a simple eye. Many people without money are still happy bcos they put others in priority,so be positive for your future.
I have not seen a person like martin who is using countless identity, talk nonsense all day long. Wondering how much she/he is being paid for doing so...
cabin crew get ready,we will landing soon.... we have been succesfuly landing, i am kapten martin555 thanks for boarding with us, we wish you have a pleasant day.
I observed something since last month following apft...when martin555 said increase, the apft share price decrease, but when martin555 said he has no hope, want commit suicide then share price increase instead...quite weird..you refer to pass trend and see....tracking the share...martin555 really a good indication of share price increase or decrease..
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....
anchovyeatshark
19 posts
Posted by anchovyeatshark > 2016-03-17 12:34 | Report Abuse
Only need just 500k more..dont worry ikan bilis mkan sikit2..see the volume selling 0.060 will dissappear slowly