Avoid if can, otherwise trade cautiously and avoid being trapped for years, in loss making penny stocks that 1. has total issued shares exceeding 1 BILLION shares; some has MULTI-BILLIONS shares and can’t have a decent EPS 2. undertake frequent fund raising exercise to increase company fund 3. issue lots of shares to ESOS or Private Placement investors, diluting minority shareholding 4. undertake huge rights issue exercise to raise fund from shareholders, diluting minority shareholding 5. give free warrants as sweetener for rights issue 6. has numerous warrant (example A,B and C) 7. has ICULS or ICPS (PA) with high exercise price 8. frequent announcement of numerous MOUs or Collaborative Agreement which normally turn out nothing 9. frequently churn out articles, reports and announcements of business ventures, JV to create excitement and attention. Good companies need not do this; they show good profit results 10. show losses quarter after quarter, year after year, sustained by company fund 11. use large portion of company fund to acquire assets, settle debts, JVs, etc 12. use company fund to invest/speculate in other penny stocks 13. undergoing or has undergone share consolidation followed by rights issue with free warrants
Trade with care, not be greedy and stuck for years
Circular contents. Only one business. No JV or investment.
Contracts secured as at the LPD Supply of office furniture to a national news media hub in Kuala Lumpur October 2020 October 2021 (75% completed as at the LPD)
Supply of Covid Protection Panels to office buildings in Klang Valley February 2021 December 2023 (completed 95% of purchase orders received as at the LPD)
Supply of office furniture-export order to Middle East August 2021 September 2021
Supply of high adjustable desks to a multi-national office in Selangor August 2021 August 2021
Supply of office furniture and office chairs to a state governmental administration building August 2021 March 2022
Supply of loose furniture to a multi-national bank in Kuala Lumpur August 2021 September 2021
Supply of office furniture and loose furniture to a hotel office in Kuala Lumpur March 2022 June 2022 Potential contracts being pursued as at the LPD(c)
Supply of office furniture, office chairs and loose furniture to a Government Linked Companies (“GLC”) in Selangor End 2021 Mid 2022
Supply of office furniture, office chairs to a multi-national bank in Kuala Lumpur End 2021 Mid 2022
Supply of storage systems to a multi-national bank in Kuala Lumpur Early 2022 Mid 2022
Supply of office furniture, office chairs to a GLC in Selangor Early 2022 Mid 2022
A lot of missions but no action and direction, learn from TAFI.......even small company & not really profitable but share price still can shoot like rocket to sky.......
anyway, market rumour is strong abt this company since last week. Buy on rumour sell on fact. I bet there will be some news coming out in coming weeks
volume and movement in price and owner announcing delay in Private placement yet suddenly fix price means something. If u are unsure, please ask your remisier.
I've studied a couple of pattern for few counters. Most importantly, im confident abt AHB, AEON and Versatile.
I made a few "guesses" here recently.
AHB TP 30-38 cts WOODLANDOR TP RM 1.20 and above VERSTL TP 1.00 and above
oh im not just talking abt post flood theme. I'm talking about Grab and Jaya Grocer kind of deal. Just look at the announcements urself and figure it out lah
*** This is not a buy recommendation but sharing of what my thoughts are. Good Luck everybody***
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....
CommonInvest
65 posts
Posted by CommonInvest > 2021-07-08 17:52 | Report Abuse
I think still more can get ... beginning AHB to improve! I hope :-) LOL