XOX BHD

KLSE (MYR): XOX (0165)

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Last Price

0.185

Today's Change

+0.005 (2.78%)

Day's Change

0.175 - 0.19

Trading Volume

1,366,700


44 people like this.

48,925 comment(s). Last comment by billionaire88 1 week ago

sharewiz118

1,880 posts

Posted by sharewiz118 > 2021-03-07 20:37 | Report Abuse

waaa mk2507 you're cash king fully loaded

mk2507

92 posts

Posted by mk2507 > 2021-03-07 21:12 | Report Abuse

Hahahahaha now just wait for the best...hope all retailers can gain from it...all the best to u also sharewiz

bri4n_Loo

328 posts

Posted by bri4n_Loo > 2021-03-08 00:59 | Report Abuse

pinned link before investing this xoxoxo shit
https://www.theedgemarkets.com/article/special-report-hidden-hands-beh

semua company in here use the same strategy. only lucky one get money.. unlucky one cry also no use.

Posted by BabiJackja > 2021-03-08 07:28 | Report Abuse

Ok

Posted by BabiJackja > 2021-03-08 07:30 | Report Abuse

Xo
Buy 0.06 sell 0.08
Genting nuy 3.00 sell 11.00
Tnb buyb 9.82 sell 18.90
Hibiscuems buy 0.40 sell 1.70

mk2507

92 posts

Posted by mk2507 > 2021-03-08 07:54 | Report Abuse

Hahahaha

RISK8888

2,232 posts

Posted by RISK8888 > 2021-03-08 08:49 | Report Abuse

die liao landslide drop!!!

Consultant

1,200 posts

Posted by Consultant > 2021-03-08 09:14 | Report Abuse

0.02 fair value lol.. i will wait until then

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 09:53 |

Post removed.Why?

BE_GREEEEEDY

1,833 posts

Posted by BE_GREEEEEDY > 2021-03-08 09:55 | Report Abuse

roasted to dead rat - 5 sen next

Posted by Ikanbilis999 > 2021-03-08 09:57 | Report Abuse

lololol

Donator

1,132 posts

Posted by Donator > 2021-03-08 09:59 | Report Abuse

wait at 0.01...

imjay0509

292 posts

Posted by imjay0509 > 2021-03-08 10:29 | Report Abuse

aiyaa, want buy at 0.07 also cant buy now

imjay0509

292 posts

Posted by imjay0509 > 2021-03-08 10:36 | Report Abuse

today close 0.08/0.085

bri4n_Loo

328 posts

Posted by bri4n_Loo > 2021-03-08 10:36 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/03/anatomy-of-stock-market-scams

BE CAREFUL of what uinvested...

AVOID SCAM counter

Posted by WithGodITrust > 2021-03-08 11:24 | Report Abuse

SIS for employees was issued last week with price of 0.07 for 210,227,000 shares.

That’s why last week they locked the price for 0.07 so that they can sale their share at 0.07 with total amount of RM14.5million gain.

With that money is enough for them to use for few months.

Buy only at cheap.
Don’t buy at higher price that set by them.
Pls.

ssboy

1,319 posts

Posted by ssboy > 2021-03-08 12:35 | Report Abuse

Why price can't drop to 5 cent? Waiting so long time.....

RISK8888

2,232 posts

Posted by RISK8888 > 2021-03-08 12:40 | Report Abuse

Die liao, drop limit down

m_aloha

607 posts

Posted by m_aloha > 2021-03-08 12:42 | Report Abuse

SIS for employees to subscribe the stock for guaranteed price of 7cents and not giving them for free. if price goes below 7 cents, employee will loose as well. ha ha

tradersampah

1,081 posts

Posted by tradersampah > 2021-03-08 12:45 | Report Abuse

@ssboy...5sen now in memory, xox now looking to 50sen..just grab at 7/7.5sen before boommmm

numberone

372 posts

Posted by numberone > 2021-03-08 13:03 | Report Abuse

Please learn more about XOX directors background

FUNDS from get-rich-quick and fake online investment schemes — such as JJ Poor to Rich, AAM Global Corp Sdn Bhd, MBI International Sdn Bhd, Water Beaute World Bhd and Syarikat Island Red Cafe Franchise Sdn Bhd — could have seeped into companies trading on Bursa Malaysia, a source familiar with the matter tells The Edge.

He says the movement of funds resulted in erratic trading of shares of the affected counters. “The stock exchange is one of the ways they use to legitimise their gains,” he said on condition of anonymity.

While the source cites a long list of counters, perhaps one of the most noteworthy is Water Beaute World Bhd, which has been on Bank Negara Malaysia’s “list of known companies and websites which are not authorised nor approved under the relevant laws and regulations administered by BNM” since May 9.

Water Beaute World surfaced as a substantial shareholder in Raya International Bhd (formerly Envair Holding Bhd) on Sept 2, 2015, with 5.61% equity interest or 7.32 million shares, and by the end of the month, it had 8.13% or 10.6 million shares. By the end of May last year, it had accumulated 17.94 million shares, or a 12.51% stake.

On June 10 last year, Water Beaute World sold its entire stake of 12.58% or about 18 million shares. Based on the closing price of 23 sen, Water Beaute World would have received RM4.2 million.

Since then, Raya International’s share price has not moved much.

Back when Water Beaute World was a shareholder, for no apparent reason, the share price surged more than 40% within a week to hit 36 sen on May 30, 2016. It is unlikely that Raya International, which makes air filter and carbon cartridges, could generate such interest on the strength of its earnings potential alone. For the first three months of FY2017, the company posted a net profit of only RM548,000 from RM23.10 million in sales.

While this churning may seem to be nothing out of the ordinary, WBW Global Sdn Bhd and AXD System Global Sdn Bhd — which have the same registered address (in Taman Shamelin Perkasa) and same business address (in Taman Bayu Tinggi, Klang) as Water Beaute World — have surfaced in Anzo Holdings Bhd (formerly Harvest Court Industries Bhd).

Water Beaute World and AXD share a director and shareholder in Lui Leong Eng, who has 25% in Water Beaute World and 89.2% in AXD.

WBW Global surfaced in Anzo at end-November 2016 with 18.86 million shares or 6.30% equity interest, while AXD surfaced on Jan 10 this year with 15.70 million shares or a 5.23% stake. AXD ceased to be a substantial shareholder after selling seven million shares on April 21.

From end-January to mid-April, Anzo’s share price gained more than 130%, from 23 sen to 54 sen. Since mid-April, it has fallen to regular levels and closed last Friday at 23.5 sen. A check on Anzo’s annual report indicates that WBW Global has 6.31% equity interest in the company and Water Beaute World has 3.68%.

But WBW Global is not cited as a substantial shareholder in Anzo. The largest shareholder with 22.38% is Datuk Chai Woon Chet.

Anzo, whose mainstay is timber products, suffered a net loss of RM4.63 million from revenue of RM12.26 million for the financial year ended March 31, 2017.

WBW Global surfaced as a substantial shareholder in Plastrade Technology Bhd on April 19, 2016, with 5.57% equity interest or 8.65 million shares. AXD surfaced on Nov 18 last year with a stake of 7.91% or 11.90 million shares. WBW Global ceased to be a substantial shareholder on the same day after selling 7.97 million shares.

AXD, meanwhile, accumulated 21.79 million shares or a 14.49% stake in Plastrade, but has yet to sell any shares although the share price has gained more than 290% from end-January to mid-May.

Plastrade, which manufactures polyethylene products, suffered a net loss of RM77,000 from revenue of RM12.74 million in the first three months of its 2017 financial year.

Last Friday, Plastrade ended trading at 34.5 sen.

Other erratic share price movements that defy logic include those at Seacera WA. Its share price shot up from four sen to 25 sen on April 14 before tumbling to 6.5 sen the next day. It then rose to 15.5 sen (when?).

Seacera WA was suspended from trading on April 27 and the last day to exercise its warrants was May 16, a day before it was de-listed.

Two other companies — Vizione Holdings Bhd and XOX Bhd — are linked to Anzo’s Chai. Chai is an executive director at Vizione but does not have a substantial shareholding. At XOX, he is managing director and is not a substantial shareholder as well.

Interestingly, XOX’s largest shareholder with 3.08% is WBW Global, while Water Beaute World has 3.01% equity interest

numberone

372 posts

Posted by numberone > 2021-03-08 13:04 | Report Abuse

KUALA LUMPUR (Aug 17): XOX Bhd’s managing director (MD) Datuk Eddie Chai Woon Chet has resigned from his position "due to other personal commitment which requires his full attention".

The resignation will take effect today, according to the mobile virtual number operator's stock exchange filing today.

Chai, 40, had been XOX’s managing director for over four years, following his appointment in Jan 13, 2014. He holds a diploma in business economics from a local instution, and is currently also MD of Main Market-listed Anzo Holdings Bhd, a company that is principally involved in construction and the manufacturing of timber doors.

Two executive directors have been named following Chai’s resignation. They are Chai’s predecessor Ng Kok Heng and incumbent independent director Tan Sik Eek. Ng was XOX’s MD from 2010 to 2013.

XOX shares closed unchanged at 7.5 sen today, valuing the group at RM74.48 million.

numberone

372 posts

Posted by numberone > 2021-03-08 13:04 | Report Abuse

The above is story about
1. Eddie Chai Woon Chet
2. Ng Kok Heng (puppet hopeless managing director of XOX, use XOX cash for wrongful purpose by buying Macpie, Cheetah, and Nexion)
3. Roy Ho
Stay tune for more story about other directors and key men.

Posted by WithGodITrust > 2021-03-08 13:04 | Report Abuse

You mean 312 staff in XOX will subscribe 210 million share. Per staff average 700,000 shares purchased with RM50k each.

numberone

372 posts

Posted by numberone > 2021-03-08 13:05 | Report Abuse

ZULKIFLI ERSAL
KUALA LUMPUR: Harvest Court Industries Bhd's boardroom tussle took another twist yesterday when CEO and managing director Datuk Raymond Chan Boon Siew played back what he said was a recording of a conversation in which Datuk Eddie Chai Woon Chet admitted that he had a block of up to 34% share in the company, of which he is seeking control.
Chai, who was not aware of the recording, said he had a share of up to 34% in Harvest Court.
"It's approximately 33% or 34%, around there. If you dilute it a bit then I will add in a little tomorrow," Chai told Chan, who failed to get re-elected as a director at the company's recent AGM, when they met on May 14 this year.
This contradicts Chai's denial to the media in a press conference on June 16, 2014 that he had a controlling stake in Harvest Court. According to the listing requirements, a shareholder must make an MGO when its shareholding hits 33%.
In the recording, Chai also said he was supported by Kenneth Vun, another shareholder who holds a stake of more than 10%, contradicting what he told the press last month that he was not teaming up with Vun.
Thus far, Chai has given the impression that Harvest Court has defamed him, and has filed a lawsuit to that extent.
"In this case, it is either he is lying or I am lying. But I have on recording, Datuk Chai clearly stating that he has 33% or 34% of Harvest Court shares," Chan said.
When contacted by SunBiz, Chai denied he had mentioned to Chan that his shareholding in Harvest Court exceeded 33%.
"I don't know what are they (Harvest Court) are doing right now, I did not say this before," he said, adding that he needs to consult his lawyer for further action.
Filings with Bursa Malaysia showed Chai, through his private vehicle, Zenith City Investment Ltd, held a 20.95% stake in Harvest as at June 30.
Despite receiving a notice from Zenith and Syawaras to convene an EGM on August 8, Harvest Court's lawyer Gideon Tan stressed that Harvest Court will not circulate the notice to shareholders as the move has breached the takeover code.
Harvest Court said it filed a suit last Friday against Chai, Zenith and 32 other for breaching Section 9(1) of the Malaysian Code of Take Over and Mergers 2010 without first making an MGO to Harvest Court shareholders.
According to Chan, who holds a 7.05% stake in Harvest Court, the company's registered office received a bundle of 4,800 pieces of notice of meeting and an instruction to circulate the notice to shareholders last Friday.
"It would appear that Chai is not taking the proper steps that are in compliance with the law in his attempt to convene this EGM. He is forcing his way in with no regard for other shareholders.
"If the board of directors of Harvest cooperated and allowed him on the board, we would be a party to breaching the takeover code, and not acting in the interest of other shareholders," Chan said.
Zenith asked for the list of shareholders on July 4 and Harvest Court has 21 days to respond but it will not act on the request.
The resolutions to be put at an EGM seek the removal of chairman Datuk Mohamed Amir Abas, executive director Ng Wai Han and independent non-executive directors Zainuri Zainal and Woo Mun Chee and the appointment of three new directors – Datuk Seri Abdul Azim, Wong Kwai Wah and Chai himself.
It's notable that all six resolutions were not carried at Harvest Court's AGM last month.
Earlier, Chai said the move to remove the current directors was also due to the deterioration in the company's financial performance. He is looking to inject around RM1 billion property development and construction projects into Harvest Court if he gets control of the company.
Asked on Harvest Court's weak financial performance, Chan opined that the company could perform better if given more time to execute the business plans.
"Whatever he (Chai) said is a short-term result, we need to allow the medium- and long-term (plans) to take place before the results can come in, so it is premature to tell that we have losses in the short term, now he wants to come in," Chan said.
Chan is confident of turning around the company in the next 12 to 18 months, highlighting its clean balance sheet with no borrowings.
For the first quarter ended March 31, 2014, Harvest Court's net loss widened to RM1.3 million from RM816,000 a year ago, after it shut down its timber door section, and because of lower sales from the construction division.
Commenting on the suit filed by Chai against Harvest Court over its announcements made to Bursa Malaysia, Tan said the company will defend itself and seek to strike out the legal action.

Posted by WithGodITrust > 2021-03-08 13:32 | Report Abuse

10q JackMa 123,
We are trying our best to educate others to be knowledgeable investors.

God bless all.

Posted by Johnny_Mechanic > 2021-03-08 14:01 | Report Abuse

wow very interesting story there @numberone. .. now we know who is the real people behind XOX. so what happened to Daniel Tan from HK, 5G, e-wallet, mapie, nexion, now cheetah, then DGB, never ending money moving between left to right .. and right to left

Posted by Johnny_Mechanic > 2021-03-08 14:17 | Report Abuse

Guys move your money to DNEX, it is super hot stock now, your chance to recover your losses in XOX here, bought 0.12 sold all 0.08, and move to DNEX-WD 0.30, now 0.36, soon will hit 0.45, recovering all losses in XOX just by doing something, don't sit here and dreaming.. act fast.

RISK8888

2,232 posts

Posted by RISK8888 > 2021-03-08 14:23 | Report Abuse

Die straght straight

Posted by Ikanbilis999 > 2021-03-08 14:38 | Report Abuse

bye-bye

hglee101

168 posts

Posted by hglee101 > 2021-03-08 15:00 | Report Abuse

come on...give me some at 0.065

m_aloha

607 posts

Posted by m_aloha > 2021-03-08 15:06 | Report Abuse

It's one of strong manipulated stocks and go the flow with it. Understand the history of SIS since back in 2016, 2020 also different between Stock Option and RSU..

Posted by Johnson Wong > 2021-03-08 15:08 | Report Abuse

XOX disposing Cheetah

Posted by OracleOfOmaha > 2021-03-08 15:17 | Report Abuse

Luckily I sold all at 0.18

Haha they bought macpie from themselves RM22M at 0.45 each share
Now macpie worths 0.22 only.
Next quarter RM11m fair value loss from Macpie alone.

Again bought cheetah from themselves 44M @ 1.32 per share, when market price around 0.5
It is an obvious abuse of directors' power to channel out XOX cash to Cheetah shares owned by themselves and cronies.
Cheetah dropped like mad today.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-03-08 15:34 | Report Abuse

After buy keep for 6 to 12 months.

Posted by OracleOfOmaha > 2021-03-08 15:43 | Report Abuse

im lining 10M units purchase @ 0.055-0.060 haha...
once cheetah and macpie big loss announced, it surely drop like nad

BE_GREEEEEDY

1,833 posts

Posted by BE_GREEEEEDY > 2021-03-08 15:45 | Report Abuse

5 sen...trap

Posted by OracleOfOmaha > 2021-03-08 15:49 | Report Abuse

Eddie goes to holiday using his yatch, nobody will goreng this share for a long term.
Also the volume of unit increases by 5 times, even eddie and hk guy daniel cannot goreng that much anymore.
They siphon out the cash from private placement to buy macpie, cheetah and nexion from themselves at record high price, let xox hold these useless shares at loss later.

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 16:02 |

Post removed.Why?

Posted by Johnson Wong > 2021-03-08 16:26 | Report Abuse

Ppl invest for high Risk, high return, but invest XOX high risk NO return

RISK8888

2,232 posts

Posted by RISK8888 > 2021-03-08 16:31 | Report Abuse

Contra player selling out their share...nevermind come again tomorrow

Posted by Mia Jalipah > 2021-03-08 16:40 | Report Abuse

XOX babi... This counter should not listed as shariah...

m_aloha

607 posts

Posted by m_aloha > 2021-03-08 16:50 | Report Abuse

Weak holders & would not willing to hold further..think better to cl.

Posted by Mia Jalipah > 2021-03-08 17:16 | Report Abuse

Temberang only... Out right pocket and in left pocket... Siphon this and there....

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 17:17 |

Post removed.Why?

m_aloha

607 posts

Posted by m_aloha > 2021-03-08 17:17 | Report Abuse

Expecting tech rebound to 8cents before it touch 6cents

m_aloha

607 posts

Posted by m_aloha > 2021-03-08 17:39 | Report Abuse

All counters at risk even tech & under value gloves stocks..u will still losing a lot if u bought a few weeks ago.

Posted by Mia Jalipah > 2021-03-08 19:33 | Report Abuse

All counter are risk... But XOX is downside risk....

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-03-08 20:37 | Report Abuse

If this counter you buy at the price 0.20-0.30, sorry to say , you fall into big trap. Hard to get bk your capital in 5 - 8 years time. Unless miracle happen

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-03-08 20:39 | Report Abuse

My aunr buy the bejaya corp at the price 0.55-0.6, more than 10 years time , the price still at the range 0.20-0.30.

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