As long as Insider keeps selling with Low volume, the price will keep going down. Besides, no action taken by major shareholders, don't expect retailers to push the price up. Still maintain short Sell
Correct me if I am wrong. Lim Guan Lee is just a major shareholder and not consider an insider as he does not hold any position in the company whereas two directors(insiders)exercise there ESOS which I think is positive news.
Major shareholder buy/sell is grouped under Insider trading here at i3invester.com. Stock price dropped about 30% within 3 weeks with major shareholder keeper selling, don't think this is good news.
The contract signed with the Vietnamese government is coal fire power plant. Why need to change to other form power plant? I have confident the company will be able to get financing ,hopefully an announcement will be made at the end of this month.
(mssg received from group member, no guarantee of its correctness) 1) 295,000,000 of five (5)-year, zero coupon irredeemable convertible unsecured loan stocks (“ICULS”) was issued om 25Apr.2024.
2) NOSH will be swelling from 123,864,702 to 418,864,702 upon conversion of ICULS.(After 5 yrs)
3) Upon conversion of ICULS, Eng Lian (L) Inc. (“ELLI”) will hold 67.78% of total share.
4) ELLI, a wholly-owned subsidiary of Eng Lian Enterprise Sdn Bhd (“ELESB”) and the directors of ELLI are NLS (Ng Soon Huat) and David Edgar Lee, all of whom are Malaysians. As at the LPD, ELLI is a substantial shareholder of TVHB, having a direct interest in TVHB of 8.27% whilst ELESB is a major shareholder of TVHB, having an indirect interest in TVHB of 14.00%.
Its a Coal fire power plant, due to ESG (Environment, Social, Governance). Give me 1 bank or financial institution that goinng to finance this power plant. This power plant project since Year 2017 i started follow this company. Half-way Year 2022, Group MD resigned and sold his shares until his not a substantial shareholder too. Lim Guan Lee, as u said not insider anymore because resigned recently. Selling his shares until ceased to be substantial shareholder.
If the project is going to take off and going to get financing. Why this 2 directors resign and sell their shares? They could make tonne of money. No one going to sell their shares, if the power plant going to take off. Toyo previously hit high of RM2.00. Why sell at RM0.90? So guys, use your brain and do homework.
Why the group managing director and executive director exercise their share grant on Mar 15. Both are Real insiders. Who's action carry more weight, Real insiders or major shareholder? Your guess is as good as mine. Good luck everyone.
Which banks would finance the project? Toyoventure made an annoucement of May 12 2023 received an Indicative Principal Terms and Conditions for the Project syndicated loan. Why was it not signed and sealed the deal? Correct me if I am wrong. There is a dispute with the vietnamese government on the financial closing date. Since the dispute has been resolved. Financial closing date entended until 30 June 2024. I don't see why the project will not go ahead.
choop818, Yes true bro. Can see when 33 years old boy with diploma and intern at dad firms can seat on PLC board. Confirm useless, free salary only. Dad audit firm i already check get fined due to false accounting more than 3 times. I think already barred from being auditor anymore. Nobody998, to answer u which carry more weight. Please digest this 3.2B USD power plant is not a 2 man show only. Why reward this 2 person and not the other? Never seen a well-managed PLC doing this. My guess, this 2 is the hantu milking the public money.
Nobody998, Received last year. Till today not signed. Tell me why a gov want to dispute a financial date? We Malaysian bringing a BIG INVESTMENT to their country. Thanks to Uncle Ng Lian. Im sure this company cant get financial close, just dump the shares. Let it dive, later buy low. Within 2 month lost 33% value already. And also see their AGM minutes, there a shareholder ask several question regarding Power Plant to the MD. His answer "refer to public announcement". From here can see, this MD is useless and at the same time doesnt respect the right as a owner of this PLC.
The company was not able to meet the dateline of financial close due to covid. All companies was allowed to operate except for those in food and certain sectors. Force majeure clause in the agreement allowed the company get an extension.
Nobody998, could u please check the facts atleast? They have not exercised their ESOS? Bursa announcement 15/3- 9m ESOS (Special Issue) Bursa announcement 15/3- 4.5m to Mr Chew (Group MD) Bursa announcement 15/3- 4.5m to Mr Tham (ED) If got ESOS for the others why only issue 9m unit and only them get each 4.5m. The other BOD or management staff dont want? Okay maybe because the other BOD is Independent Director, hello your chairman not Independent. Why he doesnt get any? You very funny bro, they way ur comment. Confirm u an insider and suddenly today the counter goreng to 0.9. Continue goreng, the investors will surely do their homework and check the facts.
Impressive closing price, today volume like a blue-chip conglomerate PLC. Thank you for burning money to goreng. No one will believe this company, because everything that I shared here is a fact that the other investors will surely do their homework. Oya guys, GO AND GOOGLE 'KC THAM AUDIT FIRM FINED'. How come can be a BOD in PLC? Bursa and SC should check him.
Announcement Date 15-Mar-2024 Listing Date 18-Mar-2024 Type ESOS Details ESOS OPTIONS No. of shared issued 26,260 Issue Price Malaysian Ringgit (MYR) 1.250 Par Value 0.000 Total NOSH 132,890,962
Thank you Toyoscandal for sharing the info on the company as well as the directors. You followed the company since 2017,i only noticed this company about 2-3years ago.You are much more knowledgeable than me. I am here to learn from the SIFU out there. This is the only forum i joined. I only joined 1 month ago and it is getting interesting. Please take a look at the link below;
I am optimistic about the company,so i buy and accumulate. You(Toyoscandal) are pessimitic,so you sell. Who will be right,who will be wrong. We will know within the next 44 days. Happy investing! Good luck to everyone.
myuptownboy, waaah u got crystal ball ke bro? When will go up again? if got magic, do at other counter lah. This toyo is a LapSapp company due to this two that get FREE SHARES. Nobody998, hi bro. Thank you for the awesome performance on the morning session. Please continue with the same broker. I can tell from the volume, and the strategy u guys playing. UMA otw ok. By the way thank you for sharing the link for all to see, u can see that the others have to pay RM1.25. While only MD & ED get FREE SHARES IMMEDIATELY. The others proportionately over 5 year period even for the chairman. AHAHAHA, Cannot sabar to songlap is it?
I am optimistic and sure of the facts about the company,so im short. You(Nobody998) are confirm an insider. That trying to trick the public money for your own. Who will be right,who will be wrong. We will know within the next 44 days. Happy investing! Good luck to everyone. PS: Warren Buffet only invest after satisfied on the company fundamental. Fundamental is the foundation, check the facts, do homework.
Stock [TOYOVEN]: TOYO VENTURES HOLDINGS BERHAD Announcement Date 01-Nov-2023 Listing Date 02-Nov-2023 Type Exercise of Warrants Details CONVERSION OF WARRANTS TO ORDINARY SHARES No. of shared issued 3,375,000 Issue Price Malaysian Ringgit (MYR) 1.500 Par Value 0.000 Total NOSH 121,863,702 ~~~~~~~~~~~~~~~~~~~~~~~~~ Actually, a few months ago when warrant expired, many holders forked out 1.50 to convert, this is an example that needed more than 5 million cash
Nobody998, thank you. Btw why assume Lim Guan Lee sold his shares? To all investors, please go thru the facts that i had comment previous, check the facts do the homework. This company is counting days, unless uncle Ng Lian rescue. KLSE has more than 900+ public listed. Invest somewhere else. The people managing this Toyo is only thinking ways to cheat more public money. I do believe after this project they going to announce something in laos/cambodia and try to cheat public money again.
I have strong feelings that Toyoscandal would be right.....Impossible to self fund the project. 80:20 debt equity financing come out to atleast 600m+USD, Toyo got such money to finance? The math doestn make sense, unless Ng Lian Group would happy finance a carbon dioxide producing plant that operate for the next 25 year. It doesnt make sense at all. Just dump this kaunter, this guy syok sendiri burn money goreng kaunter, pancing public investor to come in. And i can tell Nobody998 is confirm insider. Serba Toyo?? https://theedgemalaysia.com/node/712357#
Me,an insider. I am flattered. We just have different views and analyse it differently.That's why there are buyers and sellers in the market. I or you could me right or wrong,only time will tell. Happy investing!
NguYenYen, ur right bro. The math doesnt make sense at all. Thanks for sharing the link for the other investor to view and do their homework accordingly. Nobody998, bro may i asked. Why need to wait until 30th June to announce FC if really can get FC?
Nobody998, true one type of rise raise hundred types of people. There's thief like 1MDB, there's fraud like the ED that do fraud accounting and put his son as a PLC BOD that enjoy free salary only, maybe outside cant find any job and make decent living. And there's also normal people that make decent living investing with extra money to earn that extra but being mislead by this type of incompetent + useless people. So on this statement I'm 101% agree with u.
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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....
Gain83
39 posts
Posted by Gain83 > 2024-04-04 13:51 | Report Abuse
Hope can rebound soon