WA-B52NCvC-187-05/2023 1. AAZRI BIN SHAMSUDDIN (NAS RAHMAN & CO.) 2. LAILY NADIA BINTI RAZALI (NAS RAHMAN & CO.) 3. CHIN ZHAO HAN (NAS RAHMAN & CO.) 4. MELVIN KHOO CHZE HOW (NAS RAHMAN & CO.) 5. WAN SHARIZ NURUDDIN BIN MOHAMED ZAIN (NAS RAHMAN & CO.) 6. MOHAMMAD DANIAL BIN MOHAMMAD SUHAIMI (NAS RAHMAN & CO.) 7. CHONG SOON LEE (NAS RAHMAN & CO.) 8. SHOBANA MOHANASUNDRAM (NAS RAHMAN & CO.) 9. BAHRUL HISHAM BIN BAHAUDDIN (NAS RAHMAN & CO.) 10. YIP PUI MUN (NAS RAHMAN & CO.) vs 1. HANDAL IMRO SDN BHD (dahulunya dikenali sebagai Handal Cranes Sdn Bhd) (JEEVAPARTNERSHIP) 1 Writ Saman (Sivil) (RM300,001 – RM1,000,000) Tarikh pengurusan kes secara e review pada 10.08.2023 untuk pemfailan permohonan A14 atau penyelesaian Pengurusan Kes
macam mane ni? keluarga buntot lebar sendiri saman sbb tak nak bayar hutang yg berjuta2 ringgit tu. Kalau saudara sendiri pun buntot besor taknak bayar hutang, patut jua staff2 semua saman buntot. bagus jual saje kereta2 mewah company tu, ada juga duit utk bayar gaji dgn saman. skarang pun dah takde PO masuk but bukan main sampai berbuih2 mulut (buntot dia makin besor) nak cerita2 dongeng pasal oil price ke (takde kaitan dgn handal dah) and buat biznes baru konon. semua vendor dgn client dulu2 dah taknak deal dgn buntot besar. Kami harap board director take over lah. YAM Tengku Bederul and YM Tengku Ray memang boleh kembalikan kegemilangan handal sekali lagi. Buang kerja buntot besor tu.
The fact that the ICPS are being sold at a discount suggests that the market is not as confident in the future prospects of Handal Energy Bhd as it was when the ICPS were first issued. This could be due to a number of factors, such as the company's financial performance, the overall economic outlook, or the fact that the company is facing a number of challenges.
The discount on the ICPS could also be a reflection of the fact that the ICPS are convertible into ordinary shares. This means that investors who purchase ICPS are essentially betting that the share price of Handal Energy Bhd will rise in the future. If the share price does not rise, then investors who purchase ICPS will lose money.
The discount on the ICPS could also be a sign that investors are concerned about the company's ability to repay its debts. If the company is unable to repay its debts, then it could be forced to file for bankruptcy. This would result in the ICPS becoming worthless.
Overall, the discount on the ICPS is a negative sign for Handal Energy Bhd. It suggests that the market is not as confident in the company's future prospects as it was when the ICPS were first issued. This could make it more difficult for the company to raise capital in the future.
Here are some additional thoughts on the situation:
The discount on the ICPS could widen if the company's financial situation deteriorates further. The discount on the ICPS could narrow if the company's financial situation improves. The discount on the ICPS could disappear altogether if the company's share price rises significantly. It is important to note that the information provided above is based on publicly available information and does not constitute financial advice. Investors should carefully consider the risks associated with investing in Handal Energy Bhd before making any investment decisions.
here is a summary of the situation that Handal Energy Bhd is facing and the potential outcomes:
The company is facing a number of financial challenges, including lawsuits due to non-payment of salaries, taxes, and provident funds, as well as the inability to raise bank facilities for the past 3 years. These challenges suggest that the company is in financial difficulty and that it may not be able to meet its financial obligations. If the company is unable to pay its debts, it could be forced to file for bankruptcy. This would have a number of negative consequences, including the loss of jobs, the closure of businesses, and the loss of investor confidence. There are a number of steps that the company could take to address its financial problems, such as seeking financial assistance from investors, creditors, or the government. However, it is unclear whether these steps will be successful. The potential outcomes of the situation are uncertain. The company could be able to resolve its financial problems and continue to operate, or it could be forced to file for bankruptcy. It is important to note that the information provided above is based on publicly available information and does not constitute financial advice. Investors should carefully consider the risks associated with investing in Handal Energy Bhd before making any investment decisions.
Here are some additional thoughts on the situation:
The company's management should be transparent with shareholders and the public about the company's financial situation. The company should take steps to ensure that its employees are paid their salaries and that its vendors are paid for their services. The company should work with its creditors to reach settlements that are fair to both parties. The company should explore all possible options for raising capital, including seeking financial assistance from investors, creditors, or the government. If the company is unable to resolve its financial problems, it may be forced to file for bankruptcy. This is a serious step, but it may be the only way to protect the interests of all stakeholders.
hahahaha.. syok nye buntot besar taip menaip dgn buntot kiri dan buntot kanan. tengah sibuk layan tiantian ke? 😁jgn sampai bini tau ye? nanti kena sebat 🤣
dari bilik sebelah ye? Jangan nanti kate tak tau, nanti jadi bodoh sombong mcm buntor berok besor tu 😄
The company's shareholders have been diluted in the past year. - Increase in shares outstanding: 11%
This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company:
Major Risk - Earnings have declined by 24% per year over the past 5 years.
Minor Risks - Share price has been volatile over the past 3 months (9.8% average weekly change). - Shareholders have been diluted in the past year (11% increase in shares outstanding). - Market cap is less than US$100m (RM46.6m market cap, or US$10.3m).
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....
massivekahuna
139 posts
Posted by massivekahuna > 2023-07-30 19:52 | Report Abuse
WA-B52NCvC-187-05/2023
1. AAZRI BIN SHAMSUDDIN (NAS RAHMAN & CO.)
2. LAILY NADIA BINTI RAZALI (NAS RAHMAN & CO.)
3. CHIN ZHAO HAN (NAS RAHMAN & CO.)
4. MELVIN KHOO CHZE HOW (NAS RAHMAN & CO.)
5. WAN SHARIZ NURUDDIN BIN MOHAMED ZAIN (NAS RAHMAN & CO.)
6. MOHAMMAD DANIAL BIN MOHAMMAD SUHAIMI (NAS RAHMAN & CO.)
7. CHONG SOON LEE (NAS RAHMAN & CO.)
8. SHOBANA MOHANASUNDRAM (NAS RAHMAN & CO.)
9. BAHRUL HISHAM BIN BAHAUDDIN (NAS RAHMAN & CO.)
10. YIP PUI MUN (NAS RAHMAN & CO.)
vs
1. HANDAL IMRO SDN BHD (dahulunya dikenali sebagai Handal Cranes Sdn Bhd) (JEEVAPARTNERSHIP)
1 Writ Saman (Sivil) (RM300,001 – RM1,000,000)
Tarikh pengurusan kes secara e review pada 10.08.2023 untuk pemfailan permohonan A14 atau penyelesaian
Pengurusan Kes