PDZ HOLDINGS BHD

KLSE (MYR): PDZ (6254)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

7,100


30 people like this.

19,874 comment(s). Last comment by awesome20 1 month ago

Legend

4,119 posts

Posted by Legend > 2021-10-29 10:27 | Report Abuse

Standby.....davinci code sudah keluar.

Peace99

2,264 posts

Posted by Peace99 > 2021-10-29 10:50 | Report Abuse

@AlfI3, agree and one of the several court cases, counter claims by JJ, was dismissed. But prc went down by 36% today.....Due to small volume price can fluctuate wildly :(

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-10-29 14:13 | Report Abuse

Whistlebower99 already give warnings...Lucky i listen to him... Whistleblowing fintec...Thank u sir...

spixon

5 posts

Posted by spixon > 2021-10-29 14:47 | Report Abuse

look like no goreng...just want to release the allotment ..maybe between 10-12c ..depend on wa price. gap will be close but dont know when. depend how greedy operator..monday see price close

Posted by TheLastDance > 2021-10-29 15:42 | Report Abuse

Ko perlu berfikir pakai otak Jacky Pang bukan otak kita sendiri.

Legend

4,119 posts

Posted by Legend > 2021-10-29 15:55 | Report Abuse

sold all 0.125

Legend

4,119 posts

Posted by Legend > 2021-10-29 15:56 | Report Abuse

0.120

Posted by whistlebower99 > 2021-10-29 21:33 | Report Abuse

Mother price 0.15 fell back to ex-right price of 0.155 of 30/9.
WB current price 0.11 could also follow to drop back to ex-right price of 0.045

Note that the exercise price for WB is 0.30 way out of money with only 15months to expiry.

TAYOR

Peace99

2,264 posts

Posted by Peace99 > 2021-11-01 08:07 | Report Abuse

@Anisdesanika, happy for you too. But from what I can see, bower is giving almost same warnings in many many counters surely will applies in some. It like telling everyone be careful in driving, else will involve in accident. Surely some ppl will involve in accidents. Don't know bower recommended any good counters. I like to know. Just my two sens, haha.

Posted by whistlebower99 > 2021-11-01 16:02 | Report Abuse

PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY")

RIGHTS ISSUE WITH WARRANTS


Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03

https://www.klsescreener.com/v2/announcements/view/3445345

===============
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely by other penny stock companies and operators.

Possible scenario is the operators and applicants of excess shares will attempt to support the price, create news & excitement to sell their allocated shares to market to release their fund tied up in the subscription.

To the directors, the fund raising exercise is considered a success even though it is not 100%.

Trade wisely and don't be caught at high price.

Universe

529 posts

Posted by Universe > 2021-11-01 16:12 |

Post removed.Why?

Peace99

2,264 posts

Posted by Peace99 > 2021-11-02 08:52 | Report Abuse

Note: t-o price for WC is 10sen, is it real?

Peace99

2,264 posts

Posted by Peace99 > 2021-11-02 08:53 | Report Abuse

If so interesting to figure how much should mother fetch!

Posted by sapdresmen > 2021-11-02 08:58 | Report Abuse

let wait and see closing price for today

Peace99

2,264 posts

Posted by Peace99 > 2021-11-02 09:42 | Report Abuse

That was a fake Q, but now wb fetching 5sen, not bad!

Posted by whistlebower99 > 2021-11-02 10:00 |

Post removed.Why?

Posted by whistlebower99 > 2021-11-02 10:13 | Report Abuse

Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.

Posted by whistlebower99 > 2021-11-02 10:39 | Report Abuse

Profile for WARRANT C:

Issue Size in Unit 133,416,423

Issue Date 27 Oct 2021
Maturity Date 26 Oct 2024

Exercise/Conversion Period 3.00 Year(s)

Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.1600

spixon

5 posts

Posted by spixon > 2021-11-02 12:51 | Report Abuse

61% mother and 76% wc shares from excess application. mother 6x0.125=0.75 wc 2x0.045=0.09 [0.75+0.09=0.84] same as subscribe price. See how 61% and 76% shares unload to trader. Monitor volume. 300M and 100M need to be clear. Good luck punter

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 12:59 | Report Abuse

I was surprise to find free shares of pdz wb in my portfolio today... Eventhough i've sold all last week...It's a very nice surprise...Should i sell / hold???

Posted by TheLastDance > 2021-11-02 14:41 | Report Abuse

These are PDZ WC not PDZ WB. Today buy rate is 55% for PDZ WC. You need to use your own judgement and think like a leader to decide whether should sell or hold.

halim5829

18 posts

Posted by halim5829 > 2021-11-02 14:54 | Report Abuse

hi guys

halim5829

18 posts

Posted by halim5829 > 2021-11-02 14:54 | Report Abuse

is it safe to buy pdz-wb at 0.045?

Posted by whistlebower99 > 2021-11-02 15:05 | Report Abuse

WHO ARE HOLDING MOST OF THE RIGHTS ISSUE SHARES

RIGHTS SUBSCRIPTION STATISTICS:

Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03
-------------------------------------------------
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely subscribed by other penny stock companies and operators

Total amount raised = 400,249,551 X 0.14 = RM 56,034,937
---------------------------------------------------

Most of the shares are now held by specific parties that subscribed under excess application.
Most likely they will dispose at 14 or slightly below to effectively make the fund raised by PDZ rights issue coming from retailers who bought from them.
This way, they can release the money used in the excess application and move on to next target.

---------------------------------------------------

TAYOR

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 15:19 | Report Abuse

halim5829 downtrend still...Maybe will fall more...

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 15:27 | Report Abuse

I q to sell all my pdz wb at 5 sen...

halim5829

18 posts

Posted by halim5829 > 2021-11-02 15:31 | Report Abuse

what price u bought?

halim5829

18 posts

Posted by halim5829 > 2021-11-02 15:35 | Report Abuse

5cents huge q selling volume

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 15:41 | Report Abuse

It's free...Suddenly showed up in my portfolio today...I've sold all last week...I don't know how...

halim5829

18 posts

Posted by halim5829 > 2021-11-02 15:49 | Report Abuse

i think today close sure below 5cents

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 15:50 | Report Abuse

For sure...Maybe can go to 3 sen...

halim5829

18 posts

Posted by halim5829 > 2021-11-02 15:56 | Report Abuse

i still believe they will goreng again. haha

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 16:00 | Report Abuse

Maybe...Maybe not...Wallahualam...

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 16:14 | Report Abuse

Done already...Alhamdulillah...

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 16:24 | Report Abuse

Fintec starts to goreng again...Let's see if they p&d / not...

Peace99

2,264 posts

Posted by Peace99 > 2021-11-02 17:56 | Report Abuse

I sold all as i have a bit only. Also Difficult to keep track of too many counters. Profit enough for minum kopi for 2 months. Conclusion: can profit, but maybe don't be greedy.

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 18:06 | Report Abuse

Peace99 i totally agree...

Peace99

2,264 posts

Posted by Peace99 > 2021-11-02 18:27 | Report Abuse

Anis, thanks and wish you well! bye for now :)

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-11-02 19:23 | Report Abuse

Peace99 i say bye bye also bcoz i sold all pdz wb also...Good luck...

Posted by Bangsabursa > 2021-11-02 21:36 | Report Abuse

quite interest to see both warrant does not fall below 0.040 as per others fintec RI. PDZ also does not fall below 110. I still think there will be some goreng2 soon. Dont miss the boat. TAYOR

Legend

4,119 posts

Posted by Legend > 2021-11-03 09:07 | Report Abuse

Sapuuuu

Legend

4,119 posts

Posted by Legend > 2021-11-03 09:42 | Report Abuse

sell all

Posted by whistlebower99 > 2021-11-03 11:33 | Report Abuse

COMPLETION OF SHARES CONSOLIDATION AND RIGHTS ISSUE WITH WARRANTS

1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 AUGUST 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021

====================================
On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 400,249,551 Rights Shares, 133,416,423 Warrants C and 70,095,402 additional Warrants B on the Main Market of Bursa Securities today.

This announcement is dated 2 November 2021.

======================================
Amount Raised = 400,249,551 X 0.14
Total issued shares = 501,367,022
WB = 101,935,626
WC = 133,416,423

======================================
Based on the low NOSH after the corporate exercises, directors still has options to issue more shares to ESOS and PP to raise more fund in near future.

=====================================
TAYOR

halim5829

18 posts

Posted by halim5829 > 2021-11-03 12:44 | Report Abuse

@whistlebower, can undirectly explaining to us? it is better wait first or what? haha

Legend

4,119 posts

Posted by Legend > 2021-11-03 14:26 | Report Abuse

Standby second round.....

Posted by whistlebower99 > 2021-11-03 15:20 | Report Abuse

Low NOSH of 501,367,022 make it easier for operator to goreng.

Just be careful not to be caught at high price as operator would try to unload their excess rights shares to market.

Company directors already collected the fund from rights issue and if operator manage to release their money tied up in excess rights shares, objective met.

In near future, there will likely be dilution to shareholdings equity % due to fund raising via share issuance to ESOS and PP.

TAYOR

Posted by whistlebower99 > 2021-11-03 15:25 | Report Abuse

17 of last 18 quarters reported losses
Need to monitor the performance for next few quarters as well as how directors utilise company fund derived from rights issue exercise

halim5829

18 posts

Posted by halim5829 > 2021-11-05 10:41 | Report Abuse

u still hold?

halim5829

18 posts

Posted by halim5829 > 2021-11-05 10:52 | Report Abuse

for you opinion, it is can still got game?

halim5829

18 posts

Posted by halim5829 > 2021-11-05 10:53 | Report Abuse

actually i just plan park a bit and biarkan

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