This is understandable as the company is diluting the shares with more fund injection and cash start to shrink with losses from time to time, this is nightmare for investor, last time don't know when said 53 c then 44 c then now 26 c, from here, you can see the fund in the company is shrinking so fast till almost gone 50% within 6 months++
All total losses don't know how many, in dilemma whether to cut loss or continue average down, now selling most probably the one can obtain cheap from ESOS, very risky gamble as finally who will want to continue buying.....
Seriously, those enter want really feel sorry for them especially when 4c, 3c, 2.5c, all feel so cheap and got chance to gamble but totally hopeless one this stock, I don't know what happen to those enter way above 6c, this one really total loss
Used shareholders' money to buy ~rm19mil quoted shares of other companies but told shareholders mau Wang lagi untuk projeknya. Pp 20% pada ~2sen kpd keluarga lkl, bukankah ini satu pembohongan dimana lembaga pengarah boleh didakwa Di mahkamah? :)
130mil shares buy queue Vs 2.4mil shares sell , people want cheap shares at 2sen Vs nta 26sen with many projects although betrayed by the BODs. They might think someone could remove the BODs by force or by law ... Interesting haha
The best option is to seek court order to disolve pasukhas and return the net proceeds from the nta 26sen per share to shareholders. The current BODs made jeopardising minority interests' actions, proven, Right?
Jika semua pengarah semasa masuk jel sebab skandal manipulasi saham Yang memudaratkan kepentingan pemegang syer minoriti, perlu tunggu berapa lama bagi pelantikan pengarah baru pulak? Siap tahu haha
Tolong suruh pengarah2 ikut corporate governance, boleh masuk jel bukan? :)
KUALA LUMPUR (March 2): The decline in profitability of Malaysian public listed companies (PLCs) in recent years indicates a clear need for these companies to undergo a transformation, according to Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
In the launching event on Wednesday (March 2), Abdul Wahid said the newly launched Public Listed Companies Transformation (PLCT) Programme will benefit not only Corporate Malaysia, but also produce several positive outcomes that among others will boost market confidence and aid Malaysia?s overall economic recovery.
?The support of industry champions and corporate leaders is critical throughout the PLCT Programme.
?The programme's success is dependent on a whole-of-industry approach where key industry stakeholders collectively and continuously encourage and guide PLCs in their journey of growth.
?I encourage PLCs to have a positive mindset and take advantage of this opportunity and rise to the challenge of committing to performance,? he said.
Meanwhile, Bursa chief executive officer Datuk Muhammad Umar Swift said PLCs must remain agile in today's highly challenging economic landscape while maintaining a relentless focus on sustainable outcomes.
?If participating PLCs remain committed to adopting leading best practices and are focused on growth, we strongly believe that the PLCT Programme will help elevate the stature of our PLCs,? Muhammad Umar shared.
The PLCT Programme is a programme aimed at steering Corporate Malaysia to higher performance levels.
Spearheaded by Bursa, the programme is expected to increase the attractiveness ("investability") of listed companies in Malaysia by strengthening the growth narratives of PLCs across all sizes.
The launch of the PLCT Programme on Wednesday also saw the unveiling of the programme?s first digital guidebook titled ?Creating Purpose & Performance Driven Public Listed Companies (PLCs)?.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz announced the PLCT Programme in November last year, aimed at delivering a high-performance Corporate Malaysia.
He said the PLCT Programme will be focusing on enhancing five pillars of the nation's PLCs, being:
for PLCs to be performance-driven; grow as sustainable, socially responsible and ethical organisations; to feature strengthened corporate governance; to be digitally enabled; and to support the nation-building drive to advance the Malaysian economy and community
Tapi pp 20% pada harga ~2sen kpd keluarga lkl memang boleh dianggap merompak Wang pemegang syer minoriti, dapat rm4juta+ je, lagipun nta pasukhas tinggi. Manakala pengarah2 gunakan rm20-30juta wang sykt untuk Beli listed share sykt lain. Gila babi
Tengok respon terhadap projek hartanah pasukhas- yayasan ATM nanti
PETALING JAYA (March 2): SkyWorld Development Group achieved a take-up of 95% for its SkyVogue Residences in Taman Desa, Kuala Lumpur since its launch in March 2021.
Terbukti pp 20% @2sen untuk merompak harta pemegang syer minoriti. Dapat rm4mil+ drp keluarga lkl je walaupun nta sykt jauh Lebih tinggi dan bernilai. Boleh jualkan sedikit listed stocks dah cukup. Semua pengarah didakwa Dan dijelkan kot? Rompak pemegang syer minoriti.
Pp 20% tak perlu. Pasukhas Beli listed stocks sebanyak ~rm27juta
Pandai menipu lembaga pengarah Yang tak bermoral
Sumber: QR Q4,2021 Net investment in marketable securities RM26,978,000
How naive is this believing the minority shareholders can affect the company, how many such penny stock company, thinking you can get a part of the company money, how many got delisted and all total loss with the company still running without been listed only.....
Forget about this rubbish that you can get your hand on the company asset and cash, either you total burn and manage to get scraps of cutting loss if totally gone case, the only thing is right now the company still can ongoing as they have plenty to keep burning the money for the salary......
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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....
ken2004
1,692 posts
Posted by ken2004 > 2022-03-01 14:31 | Report Abuse
This is understandable as the company is diluting the shares with more fund injection and cash start to shrink with losses from time to time, this is nightmare for investor, last time don't know when said 53 c then 44 c then now 26 c, from here, you can see the fund in the company is shrinking so fast till almost gone 50% within 6 months++