luckily I cut loss I buy at.435 and sell at .30 lost so much on this counter. Call buy sometimes cannot listen to all this Analyst are Buaya call buy they waiting to eat you.
No wonder rubbish Ngg selling his share in early of this early.. kept his share at minimum <0.5%, and then come out with a fantastic glove story... clever... apparently, we can see the vampire is sucking the blood now
Aren't the Fintec group aware that these PP and RI do not entice investors any more? Why? Because when a certain party takes up a PP or RI offer, he or she is supposed to enjoy savings by having the privilege to buy shares at a lower price ... but the record shows that this is not so ... every single time ... why? Because the market price will also follow suit to go as low as these 'special lower price' and 9 out of 10 times, go even slightly lower than that.
The investors and public has wised up that nowadays. Every time they see a PP or RI being announced, they panic immediately and prices drop. You can see this happening to SCIB's PP announcement too before the Serba incident.
When not all PP or RI are taken up, the Fintec group will get one of their fellow Berhad companies to take up the balance. Just look at Saudee and Permaju. What goes around comes around ... you need to earn an honest living from now on ... your companies need to perform and be genuinely profitable. Stop being a laughing stock.
Please call off the Rights Issue and Warrant offer immediately. Your newly found RM44 mil from your last PP should last you a while. Companies need cash injection as a short term measure because when the existing older projects are completed, you should already be sitting on cash. If this is not happening and you always need to find new sources of cash to inject into the company, are you doing business or movie or feeding your own pocket?
Say market price is RM0.13. I opt for Rights Issue: bought at RM0.10. So my average cost per share = (0.13+0.10)/2 = 0.115. Means I now own two shares each costing me RM0.115 while the market price is RM0.13 ... wow, that is a huge savings I am making. Really??
Let's say I am still happy with this. Then the market goes down to RM0.10 as usual, then perhaps to RM0.09 ... this is a very normal occurrence. So, now the situation is I own shares worth RM0.09 of which I paid RM0.115 each.
high receivable, high liability..much higher than market value... ridiculous.. keep on PP, RI like no tomorrow... sucking blood like vampire... director throw all company share.... worst than serba... at least serba boss keep buying and show confidence to market...
Bought at a high price .. no choice but to subscribe the shares to average down. Hope for the market to turn around .. looks like going to hold for a very long time
The capability of holland ng tell everything. i hold this shares many years ago. in around 2017/18 they brought one company i forgot the name with profit guarantee from that firm just like recently they brought a gloves company with profit guarantee also.... At that time, this holland ng with bloody big mouth .... want to make vizione a company with market cap 1 billion. Time flies, almost every year PP and now RI. i ve decided to cut loss from ,....GO ask holland ng where is the 300 miilion++ receivable, is that from the company they brought few years back . if you are a big player u can hire a lawyer and investigate . holland ng can go to jail if it is a scam
From previous record, once Vizione announce the right issue, share price will drop below 0.10, company no money, big trouble! They want to issue 1,369,132,873 that much of additional shares, be prepare to dilute the price to half from now. God Bless!
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....
yy7777
5 posts
Posted by yy7777 > 2021-07-15 11:33 | Report Abuse
we should buy 1lot la...
annual meeting we trow eggs to the management team.
ok?