Private Placements can either be good or bad for a stock. Companies often need a rush of new money for many purposes. Weird as they just have that new cash of over 100 million, another private placement? Don't think so....
Wingjoe, maybe not the right time to buy this counter or totaly no right time to buy this counter. Who knoes. You want buy to wait than buy, you think risky dun buy also can, i always say your money you decide.
Hahahahahaha..whatever i said yday just came true.. so F you universe
Fintec fckers gonna burn this stock to the ground..raise RI/PP for no reason like they did with Joe Holdings, and then use that money to goreng and repeat with another counter..
I bet Universe and Good123 have gotten their payment for diligently trying to trap ppl here...no surprise suddenly a lot new names appear randomly to say good info good counter etc..humans being paid to act like robot just to make quick buck..fckers no moral
Oi fintec @ Universe boss babi, try another trick lah to manipulate market..so boring already lah like this,
And then another 2 weeks announce another round of PP, and then another round, and then another round..and then lingkup..
Oct 26, 2021 1:25 PM | Report Abuse
Oh my god..so scared. Help me universe..tell your fintec masters im helpless, hopelesz like how they con their shareholders in all their related companies.
Still waiting for Joe to go into gloves leh..investors have given them hundreds of millions to do gloves, not do M&A
Stock: [PASUKGB]: PASUKHAS GROUP BERHAD
Oct 25, 2021 4:19 PM | Report Abuse
Good123 kenapa awak mencuba sedaya upaya untuk bercakap bahasa melayu walaupun semua orang sedar awak hanya menggunakan google translate.
Bos dari fintec awak mengarahkan untuk awak cuba memancing pelabur dan pedagang syer bangsa melayu kah?
Bagus bos bos di Fintec ya! Kalau nak tipu, pastikan tipu semua bangsa dan kaum.
Tak sabar untuk mereka mengumumkan PP dan RI untuk Pasukhas pula, seronok tengok harga harga syer syarikat milikan mereka jatuh ke longkang :) :)
All the justification those Fintec fckers put in their announcements for PP you can just use as toilet paper only.
Real life example: They put justification to build glove business for Joe Holdings, and raise 100++ millions.
You know where that money ended up? Ended up buying Pasukhas shares!.. Joe still nowhere near a glove business, investors of Joe are left trapped for god knows how long.
So now since they control Pasukhas as well, and they are also raising money out of the blue, you can just copy paste the Joe Holding story to here..just wait for Pasukhas to buy shares in another company, and then that company will raise funds..it goes on and on and on
Good123, please check from Bursa announcement when you are free. Besides the Yayasan project of RM330 millions and 77 millions building contruction contract, total is already more than RM400 millions, and there are others which I can't remember.
That's why Pasukas has to PP again bec of having to fund its projects. The 100 millions from RI is not enough. The company PP instead of borrow from Banks can safe a lot of interest so can have higher profit.
Security Commission, thehoff is whistlebower99, he has been lying and slandered all penny stocks since last year; including those had already undergone share consolidation; caused panic sell in most of these companies, resulted in serious losses to the investors; when their share price drop extremely over 1000%.
Posted by thehoff > Oct 26, 2021 1:25 PM | Report Abuse
Oh my god..so scared. Help me universe..tell your fintec masters im helpless, hopelesz like how they con their shareholders in all their related companies.
Fintec Management, thehoff is whistlebower99, he has been slandering your company since last year end, damaging your company's reputation until now everyone in i3investors also take Fintec and most of the penny stocks as con company, you better take action before too late.
Posted by thehoff > Oct 26, 2021 1:25 PM | Report Abuse
Oh my god..so scared. Help me universe..tell your fintec masters im helpless, hopelesz like how they con their shareholders in all their related companies.
Prospek tak terhingga tapi sebagai jualkan 20% drp jumlah ekuiti pasukhas untuk pihak tertentu untuk kekayaan mereka kan? :)
Kita tahu punya :)
Prospects of the Pasukhas Group As at the LPD, the Group’s outstanding construction order book stood at about RM114.8 million. The construction projects undertaken by the Group includes, amongst others: (i) the FASB Project with a contract sum of RM94.5 million (RM17.5 million for Phase 1; RM77.0 million for Phase 2) (unbilled amount of RM80.0 million). This project is expected to complete by first quarter of 2023; and (ii) letter of award to act as the main engineering, procurement and construction contractor to design, build and deliver a turnkey glove-manufacturing factory located at Hulu Kinta, Perak for Fintec Glove Sdn Bhd with a contract value of approximately RM46.2 million (unbilled amount of RM26.9 million). This project is expected to complete by first quarter of 2022. On the property development front, the Group has entered into a joint venture agreement with Yayasan to undertake a mixed development project located at Jalan Tun Razak, Kuala Lumpur with an estimated gross development value of RM338.0 million and gross development profit of RM81.0 million. In addition to construction and property development activities, the Group has also entered into a River Sand Extraction Cum Main Operator Agreement with BB Energy Sdn Bhd on 22 September 2020 for the exclusive rights to access, extract and dredge marine sand at Sungai Miang, Mukim Pekan, Pahang Darul Makmur (“Site”) for subsequent sale, distribution and/or export (“Sand Mining Business”). The contractual term of the agreement is for 12 months with an option to extend for a further 12 months. The ongoing COVID-19 pandemic has delayed the commencement of operations of the Sand Mining Business. In this respect, the Group has sought and received an extension of time from BB Energy Sdn Bhd for a period of 12 months. The Sand Mining Business is expected to commence operation in the first quarter of 2022. Business activities across the construction segment experienced disruptions since the onset of the COVID-19 pandemic and lockdown measures imposed by the Government. The Group had not been spared from the impact arising from this pandemic and experienced a slowdown in its construction projects. Nonetheless, the Board and its management is of the view that the COVID-19 pandemic will be contained in the near future following the Government’s ongoing National COVID-19 Immunisation Programme. Following this, economic activities across various sectors are expected to recover gradually in the months to come. Premised on the above and after considering the overview of the Malaysian economy as well as the construction and property market in the longer term, the Board remains cautiously optimistic of the future prospects of the Group. (Source: Management of the Group)
Are private placements good for stocks? Private Placements can either be good or bad for a stock. Companies often need a rush of new money for many purposes. ... If those running the company need a chunk of money quickly, they will contact others interested in making a fast “protected” profit.
A lot of other so call good companies also issue PP and ESOS, this psycho thehoff/whistlebower99 shout like he see ghost, real stupiid; but I can assure you no company is allowed to consolidate after they had done that, it needs Court approval.
Is private placement good or bad for shareholders? Private placements implying lower expenses in commissions and advertising. Once the company starts trading its shares publicly, they tend to increase their price considerably, which would allow the investor to sell their shares at a greater price.
PP is good if they use the money for its intended usage.
Not good if they use the money for totally something else.
Like in the case of Fintec using Joe's PP to buy Pasukhas.
And obviously worst because they keep pressing down the price of the shares, so the PP price is also low, means the company and shareholders are on the losing end.. yang untung syndicate and universe
Selamat malam kawan-kawan. Kalo harga saham sekarang 4.5 sen..selepas PP dengan tambahan 230 juta saham baru... mesti murah lagi...marilah beli..jangan tak beli...
During the PP exercise, the share price will be maintained above the PVWAP. Why? If the mother price is trading below PP price, why would you want to pay RM500k per block to subscribe? Just buy from open market will do since it is cheaper.
the Group ventured into the Sand Mining Business in September 2020. The Group expects to supply a minimum of 2.5 million cubic meters of river sand per year to potential buyers from China and Hong Kong. The operations of the Sand Mining Business is anticipated to provide the Group with additional stream of revenue moving forward. (v) On 2 February 2021, the Group secured a contract from AT Glove Engineering Sdn Bhd to design and build a 4-storey office building located at Hulu Kinta, Perak with a contract value of approximately RM2.7 million. This project is ongoing and is expected to be completed by the first quarter of 2022. (vi) On 28 June 2021, the Group entered into an engineering, procurement and construction agreement with Fintec Glove Sdn Bhd to design, build and deliver a turnkey glove-manufacturing factory with a contract value of RM46.2 million. This project is ongoing and is expected to be completed by the first quarter of 2022. (vii) On 15 September 2021, the Group accepted a letter of award from FASB to undertake Phase 2 of the FASB Project with a contract value of RM77.0 million, further details of which are set out in Section 3(i) of this Announcement. Further, the Group will continue to secure more contracts for its civil engineering and construction as well as M&E engineering services segments. To this end, the Group aims to work with various property developers and project owners in Malaysia to secure additional M&E contracts for commercial high-rise buildings, mixed development and other specialised projects.
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....
HCTech888
18 posts
Posted by HCTech888 > 2021-10-27 19:13 | Report Abuse
Maybe tmr will Limit Up lol