Rebound will come. Promises have been fulfilled, etc. :)
Dagang NeXchange Bhd managed to produce a return of 12.5 times after announcing a corporate restructuring that led to the acquisition of SilTerra Malaysia Sdn Bhd, a semiconductor foundry, from Khazanah Nasional Bhd as well as an increased stake in Ping Petroleum, an upstream O&G player in the UK.
Penny stocks that were less fortunate include Kanger International Bhd, Jerasia Capital Bhd, DGB Asia Bhd, mTouche Technology Bhd, Sanichi Technology Bhd and Permaju Industries Bhd, which failed to deliver on their promise of new ventures, leading to a share price loss of between 79% and 94% over the past two years.
KUALA LUMPUR: The rally on the FBM KLCI grew stronger over the morning session as investors leveraged on an uptick in global sentiment to pour into bargains.
Positive developments in ongoing negotiations between Russia and Ukraine helped to bolster the rally, while the US Federal Reserve's 25bps interest rate hike, in line with expectations, alleviated some anxiety over the pace of the central bank's hawkish cycle.
At 12.30pm, the benchmark index was up 16.53 points to 1,587.85.
The number of positive counters on the market outweighed the negative by 683 to 262.
Maybank led the rally with a 12 sen jump to RM9.02 while sector peers Public Bank rose five sen to RM4.57 and CIMB climbed seven sen to RM5.37 and Hong Leong Bank climbed 60 sen to RM20.80.
Petronas Chemicals gained 14 sen to RM9.45.
In the tech sector, MPI gained RM3.68 to RM35.23, Vitrox climbed 62 sen to RM7.09 and Greatech rose 14 sen to RM3.82.
Meanwhile top actives were DNeX up three sen to RM1.03, AT unchanged at two sen and XOX flat at two sen.
Major Asian markets were in a bullish mood as the risks over the Fed's rate hike plans and concerns over the Russia-Ukraine war eased.
Japan's Nikkei rose 3.3%, South Korea's Kospi gained 1.8% and China's composite index jumped 2.6%.
Hong Kong's Hang Seng surged 5.8% amid a Chinese state media report that suggested government support for Chinese stocks.
KUALA LUMPUR (March 17): Umno Youth hopes that the government can expedite the tabling of a law on political funding to ensure that parties report their financial resources transparently.
Its chief Datuk Dr Asyraf Wajdi Dusuki said the law would also help ensure that there was no element of corruption or abuse of power in political parties.
He said the transformation agenda brought about by Umno Youth today was aimed at “cleaning up” the political culture, preserving the democratic system, defending the people’s mandate as well as instilling hatred for corruption and hypocrisy which could undermine the integrity and moral values.
Integrity was among the main criteria that the younger generation would consider when choosing leaders, he said when delivering his speech at the Umno Youth Assembly 2021 at the World Trade Centre (WTC) Kuala Lumpur, here on Thursday (March 17).
The youth wing also proposed that the party’s constitution be amended to enable the party elections to be held after a general election to avoid any attempt to sabotage or undermine the unity of the party.
Asyraf Wajdi said Umno Youth also wanted the anti-party hopping act to be debated and passed immediately in Parliament to regain the trust of the people towards the country’s democratic system.
“The country’s fate should be decided by the people, not by the ‘222 political elites’ in the Dewan Rakyat,” he said.
Asyraf Wajdi also touched on the separation of the roles of the Attorney-General and the public prosecutor to avoid a conflict of interests and selective prosecution.
“An Attorney-General that is appointed on the advice of the prime minister should not be advising the government and at the same time using his powers to prosecute,” he said.
Meanwhile, Puteri Umno chief Datuk Zahida Zarik Khan, in her policy speech in conjunction with the wing’s General Assembly 2021, said Umno and Barisan Nasional’s (BN) victory in the Melaka and Johor state elections recently would serve as the best “tonic” for the party.
“We have come out stronger in Johor and Insya-Allah Umno will come back stronger nationwide. It is sweet victory for us because the current political war requires us to remain united and most importantly a lot of sacrifices,” she said.
Meanwhile, Umno deputy president Datuk Seri Mohamad Hasan when met said the Umno Youth’s proposal to remove the function of the public prosecutor from the role of the Attorney-General needed to be refined.
He said many countries had implemented such approach because it was transparent and able to facilitate the duties of the Attorney-General.
Dagang NeXchange Bhd managed to produce a return of 12.5 times after announcing a corporate restructuring that led to the acquisition of SilTerra Malaysia Sdn Bhd, a semiconductor foundry, from Khazanah Nasional Bhd as well as an increased stake in Ping Petroleum, an upstream O&G player in the UK.
You comparing dnex with this? LOL, they are flying because their profit 100% recently, how to compare unless you telling us pasu profit 100% soon also to 100 million++ as starting.....
AT buat glove-semua Stok glove mampus kini , mampus, xox stok technology -IT Stok mampus kini. Phb - nta ~1sen usah beli. ***** sektor industri Yang tak disukai kini & rugi, phb nta~ 1sen Jangan Beli.
Go for pasukhas , industri Yang mantap Dan Kian diminati sektornya iaitu tenaga hijau terutamanya, nta 26sen berbaloi!!!
Elon Musk posted in a Twitter thread on Monday advising followers to own “physical things” when inflation is high.
In the tweet, Musk said “As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.
While Musk referenced owning a home, real estate, in general, performs well for investors during years of high inflation.
**projek Hartanah pasukhas Di KL dengan yayasan ATM :)
Baik bagi pasukhas Yang terlibat Dalam sektor tenaga hijau :)
LIFESTYLE Can Malaysia Reduce Carbon Emissions To Zero By 2050? Here's What We Are Doing About It Malaysia is one of over 130 countries that aims to achieve net zero as early as 2050.
Go with pasukhas in green energy sector, u will never go wrong :)
@JJPTR
SAPNRG* Three more of its subsidiaries have been served with winding-up petitions on March 7 and 9, due to non-payment of outstanding sums. It said Sapura Fabrication Sdn Bhd (SFSB) was served with a winding-up petition. Alamak $3.7m also no money to pay!!! That is why high nett cash 20m is useless. If the company can pay dividend is proof it has cash. If it keep sucking money from shareholders via PP, RI ESOS,it is a useless company.
*** KUALA LUMPUR: Chin Hin Group Bhd has emerged as a major shareholder in Ajiya Bhd following the acquisition of 72 million or about 24.68% equity interest in the company for a total consideration of RM104.4mil.
In a bourse filing, the construction and property group said it had penned a conditional share sale agreement with Ajiya's existing largest shareholder and managing director Datuk Chan Wah Kiang and Avia Kapital Sdn Bhd to acquire the shares, which are valued at RM1.45 apiece.
I like this one, trying to use this scenario of mine, 4.5c
Imagine on June 9th 2021 ,you buy @4.5 x 100 lots =4500 rgt After 10:1 , it become 10 kots x 13c= 1300 rgt hold to till now 8 months later 10 lots x 2c =200 rgt $4500 rgt to $200 rgt... 96%++ of capital gone
The trick of gambling here is like drug addict, keep buying at lower price but problem is here, the scenario here is till now even anyone keep buying larger and larger from 5c, 4c, 3c, 2c still hardly able to recover anything yet as that so called rebound is still not happening as seriously hardly anyone able to get 1.5 c or even able to sell at 2.5c......
Sesiapa mau tahu tentang esos, boleh Tanya mwdg :) pasukhas tak macam bcm. Mwdg pun tak bising.
*** Minority Shareholder Watchdog Group (MSWG) chief executive officer Devanesan Evanson said it is “not normal for Esos shares of that size” to be granted to just two employees.
“Normally, larger portions of Esos shares are granted to the CEO, the executive directors and the C-suites.
“Also, shares are granted across a larger cross section of employees. The board should further explain their Esos,” he told StarBiz.
A market observer pointed out that it is unusual for a company to issue Esos to only two employees.
“Esos can be used for fundraising purposes but you can’t only issue it to two employees. This is my first time seeing such a case,” he said. “It is more of a reward for the company.”
BCM Alliance’s management could not be reached at press time.
Expecting M & As, MBO, MGO, etc. Tak kan pengarah2 mau mencuri duit syarikat berjumlah RM100juta++ dengan related party transactions yang berat sebelah, falsifying invoices to inflate prices due to manipulation, and other fraudulent activities. sampai kiamat pun tak habis.,,, Puak ini mau buktikan bahawa mereka juga ada syarikat yg boleh mengkayakan pemegang syer dan pasukhas adalah unik kerana terlibat dalam sektor tenaga hijau dan hartanah (KL) yang paling berpotensi dalam keadaan inflasi dan kos tenaga yang tinggi....; sabar ya!
NTA 26sen sesaham @31/12/2021 (Jumlah aset tolak Jumlah liabiliti)... harga syer semasa yang rendah 2-2.5sen kerana kecairan stok ini adalah terlalu rendah dan tidak mencerminkan nilai intrinsiknya. Pengarah2 mengambil kesempatan PP 20%@~2sen tetapi NTA masih 26sen sebab konsolidasi syer dulu, right issue price 10sen dan juga PP dibuat pada harga yang tinggi dulu... jadi, mujurlah NTA masih 26sen @31/12/2022... Pengarah2 yang tidak telus pun ada had untuk mengambil kesempatan... Kini, fokus adalah memaksimumkan nilai pemegang saham.
Sekian, TK!
@ JJPTR
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 JUNE 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") Entitlement Type: Share Consolidate Entitlement Date and Time: 10/06/2021 05:00 PM
=============================================== June 10th 2021 Pasukhas was 1.5c After 10: 1 , it trade at 13c on June 11th. than it slide down all the way to 2c now Imagine on June 9th 2021 ,you buy @1.5 x 100 lots =1500 rgt After 10:1 , it become 10 kots x 13c= 1300 rgt hold to till now 8 months later 10 lots x 2c =200 rgt $1500 rgt to $200 rgt... 86% of capital gone
so willyou buy again @2c now, and see the ESOSKIA,mouKIA, ppKIA,RIkia MAKE A FOOL OF YOU? Those who buy @2c before June 10th,2021, condolence to you. Now the propaganda-kia is aiming to get more newbies to buy @2c again.. you can see him saying,buy and wait since Melacaa state election. he is not the victim, he never buy. He is creating victims for ESOSkia to dumpto you
Projek pembinaan bangunan di bawah Yayasan Veteran Angkatan Tentera Malaysia (ATM) bersama Jabatan Hal Ehwal Veteran (JHEV) bakal menjana pendapatan sekitar RM3 juta setahun untuk membantu veteran di seluruh negara.
Projek ini melibatkan pembinaan sebuah bangunan 51 tingkat di atas tanah Lot 2008 dengan kos keseluruhan berjumlah RM250 juta dan dijangka siap pada akhir tahun 2023.
Menteri Kanan Keselamatan, Datuk Seri Ismail Sabri Yaakob berkata, projek itu dibangunkan oleh Yayasan Veteran ATM, JHEV, Kementerian Pertahanan dan Pasukhas Development Sdn Bhd.
“Ianya merupakan satu langkah jangka panjang bagi mengukuhkan kedudukan kewangan Yayasan Veteran ATM bagi memenuhi keperluan penyaluran dana kebajikan kepada veteran ATM dan dapat mengurangkan kebergantungan sumber kewangan dari kerajaan,
“Justeru, saya ingin menzahirkan setinggi penghargaan dan tahniah kepada Yayasan Veteran ATM kerana terus berusaha merialisasikan impian ini dengan hasrat mencipta peluang dan pelaburan baru demi masa hadapan yang lebih sempurna buat veteran ATM,”katanya.
Beliau berkata demikian ketika menyempurnakan Majlis Pecah Tanah projek Usahasama Yayasan Veteran ATM dan Pasukhas Delevopmen Sdn. Bhd, hari ini.
Ismail Sabri menjelaskan, bangunan 51 tingkat ini berkonsepkan pembangunan bercampur yang akan mengandungi ruang pejabat, kawasan komersil serta kediaman.
“Melalui projek ini, yayasan akan mendapat pulangan dalam bentuk ‘in kind’ dan tunai yang akan diwartakan diantaranya 58,000 kaki persegi ruang pejabat untuk sewaan, 3,000 kaki persegi pejabat yayasan, 25 parkir kereta dan dewan serbaguna untuk kapasiti 420 orang,
“Selain itu, yayasan juga akan menerima wang tunai RM2 juta dengan bayaran ansuran sebanyak RM500,000 setahun untuk tempoh 4 tahun,”tambahnya.
Sehubungan itu, beliau berkata, pulangan pada masa akan datang, Yayasan Veteran ATM dijangka akan mendapat pendapat kasar berjumlah RM3 juta setahun melalui sewaan pejabat dan dewan serbaguna.
“Kawasan projek pembinaan bangunan ini adalah kawasan yang sangat strategik. Ianya juga mesra perniagaan dengan adanya sokongan infra yang menghubungkan lokasi perniagaan dengan pusat membeli belah ternama dan hotel bertaraf antarabangsa serta perkihmatan perubatan yang berdekatan,
“Sudah pasti pada masa akan datang, projek pembangunan ini akan memberikan pulangan yang baik kepada Yayasan Veteran ATM dan menjadi kemegahan buat veteran-veteran ATM,” ujarnya.
Syarikat Pasukhas Development Sdn Bhd merupakan telah sanggup membayar premium sebanyak RM15,535,648 kepada kerajaan bagi menjadikan tanah ini milik Yayasan Veteran ATM. Ianya secara langsung menjadikan syarikat ini sebagai rakan kongsi kepada Yayasan Veteran ATM dalam pemilikan tanah serta projek pembangunan di atas tanah lot 2008 ini.
Turut hadir, Ketua Setiausaha Kementerian Pertahanan, Datuk Seri Muez Abd. Aziz dan Panglima Angkatan Tentera, Jeneral Tan Sri Affendi Buang TUDM dan Ketua Pengarah Jabatan Hal Ehwal Veteran ATM, Mejar Jeneral Datuk Dzulkarnain Ahmad. – airtimes.my
Tengok negeri melaka dibawah BN ataupun negeri selangor dibawah PH lebih laju melaksanakan MOU yang ditandatangani ya! :)
Pasukhas Group Bhd telah menandatangani memorandum persefahaman (MoU) dengan Porto Three Sixty Sdn Bhd dan Perbadanan Ketua Menteri Melaka (CMI) untuk menubuhkan konsortium.
Dalam makluman kepada Bursa Malaysia semalam, Pasukhas, penyedia penyelesaian kejuruteraan berkata, konsortium berkenaan boleh menyertai proses pembidaan projek kerjasama awam-swasta sisa kepada tenaga di Sungai Udang, Melaka.
Kesemua pihak telah bersetuju bahawa bahagian pemegang saham dalam konsortium adalah 20 peratus untuk pihak pertama (CMI) dan 80 peratus untuk pihak kedua (Pasukhas dan Porto Three).
December 2021 – Selangor Industrial Corporation https://www.sic.com.my/v4/2021/12 News / Announcement By webadmin-a December 27, 2021. MBSA has signed a memorandum of understanding (MOU) with Selangor Industrial Corporation Sdn Bhd By Jarod Lim – December 16
On 22 November 2017, the Company announced that its wholly-owned subsidiary, Pasukhas Products Sdn. Bhd. (“PPSB”) had entered into a Preliminary Share Sales Agreement (“PSSA”) with Masrani (KTP. 6305-0101-0868-0005), Agus Triono (KTP. 6371-0319-0969-0007), Akhmad Syaifullah (KTP. 6371-0127-0479-0011) and Khutut Jalu Prasojo (KTP. 3174-0903-0365-0014) (“the Vendors”) in relation to the acquisition of 150 ordinary shares, representing 60% of the issued and paid-up share capital of PT Berkah Bumi Luhur (“PT BBL”) for a total cash consideration of IDR3,300,000,000 or equivalent to approximately RM1,000,000, upon the terms and conditions stipulated in the PSSA. On 1 March 2018, the Company announced that PT Berkah Bumi Luhur is now known as PT Berkah Bumi Leluhur ("PT BBLeluhur") had undertaken their internal restructuring. PPSB had on 1 March 2018 entered into a Conditional Sale and Purchase of Shares Agreement ("CSPA") with Akhmad Syaifullah, Kutut Jalu Prasojo, Joko Purnomo, Agus Triono and Masrani (collectively as "the Vendors") in relation to the acquisition of 1,650 shares ("Sale Shares"), representing 60% of the issued and paid-up share capital of PT BBLeluhur for a total cash consideration of IDR3.3 billion ("Purchase Price") or equivalent to approximately RM1.0 million, upon the terms and conditions as stipulated in the CSPA ("Proposed Acquisition"). Both parties are still preparing proposals.
Smart guy, make a killing before GE 15 while others are fearful. That's right - what a smart guy!
@fl888
GE15 chips….buy now…
3 hours ago
$$$$$$$$$$ KUALA LUMPUR (March 19): Prime Minister Datuk Seri Ismail Sabri Yaakob on Saturday (March 19) gave an assurance that he would hold discussions with Umno's "top five" on the dissolution of Parliament to pave the way for the 15th general election (GE15).
The "top five" refer to Umno president Datuk Seri Dr Ahmad Zahid Hamidi, deputy president Datuk Seri Mohamad Hasan and the party's three vice-presidents, namely Datuk Seri Mohamed Khaled Nordin, Datuk Seri Mahdzir Khalid and Ismail Sabri himself.
Ismail Sabri said after discussions with the other four party leaders, he would bring the matter up for discussion in Umno's supreme council and the Cabinet before being presented to the King.
"If we (Umno) are confident of victory, we will not wait, not even a second, to dissolve Parliament for GE15," Ismail Sabri said to applause from Umno delegates at the World Trade Centre Kuala Lumpur here.
The prime minister said this in his winding-up speech at the Umno General Assembly 2021 which ended on Saturday.
The issue of the dissolution of Parliament for GE15 was one of the issues raised by Umno delegates, including the three wings of the party, during debates at the party's general assembly.
"I listened to the suggestions of the debaters on the dissolution of Parliament. I guarantee that this big decision will be discussed with the party's 'top five'," said Ismail Sabri.
The premier added that to win GE15, Umno must be united.
"I announced on April 1 at a mosque we will close ranks and in Umno we must also join forces together with the party leadership. If we are united, InsyaAllah (God willing), GE15 victory will be in the hands of Umno," he said.
The current Parliament term expires in June 2023 and GE15 must be held by July that year.
Money from share trading, tiada masalah digunakan haha
https://www.malaymail.com › news Ku Li suggests EC take control of political funds for election campaigns ... 3 days ago — KUALA LUMPUR, March 18 — Umno veteran Tan Sri Tengku Razaleigh Hamzah has asked the Election Commission (EC) to take control of all ... https://www.theedgemarkets.com › ... 1MDB funds were used for Umno's election campaign during GE13, ex ... 15 Sept 2020 — Former prime minister Datuk Seri Najib Razak had used part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) — initially ... https://www.jstor.org › stable The UMNO Party Election in Malaysia: One for the Money - jstor by W Case · 1994 · Cited by 38 — The second, more important purpose is to focus on Malaysia's peak arena, the general assembly election of the United
#NSTopinion The reality is that we definitely have a lot to improve on — but we are actually very blessed in many ways. #Malaysia is probably the most fortunate country in #Asean.
#NSTnation Prime Minister Datuk Seri Ismail Sabri Yaakob said today that there is political stability in the country at present and is confident that more foreign investments will flow into #Malaysia.
Sabri Akan memastikan segalanya Indah pada waktunya. Ini bayi sabri, bukan? :)
Tolong Pula :) perlu tolong kroni, jika tidak, Dana untuk pru15, siapa Pula sumbang? :) https://www.msn.com › ar-AAVhz09 Bantu Sapura daripada muflis, Najib beritahu kerajaan - MSN 15 hours ago — Provided by Free Malaysia Today Najib Razak menyarankan kerajaan memberi
@ JJPTR
W Buffet says Palsukan is full ESOSKIA, PPKIA,RIKIA, MOUKIA,HOAKIA announce useless multi million deal via their MOUkia Very unsuitable for investment. Just ignore politicians. Politicians aim not to put $$$ into your pocket. They trying to get $$$$ from your pocket. Even in share mkt
PASUKHAS GROUP BERHAD Registration No.: 200501009342 (686389-A) FOR THE FORTH (4TH) QUARTER ENDED 31ST DECEMBER 2021 UNAUDITED UNAUDITED CURRENT PERIOD PRECEDING PERIOD TO DATE TO DATE 31 Dec 2021 31 Dec 2020 RM'000 RM'000 CASH FLOWS (FOR)/FROM OPERATING ACTIVITIES Loss before taxation (19,509) (42,159) Adjustments for:- Amortisation of transaction costs capitalised 102 - Bad debts - 433 Bad debts written off - 1,655 Deposit written off 131 - Depreciation of plant and equipment 2,375 2,294 Depreciation of investment properties 138 213 Depreciation of right-of-use assets 462 900 (Gain)/loss on disposal of plant and equipment (5) 52 Loss/(gain) on disposal of right-of-use assets 65 (89) Share options to employees (233) 4,129 Impairment loss on trade receivables and contract assets 4,734 7,324 Impairment loss on investment properties 3,005 - Impairment loss on other receivables - 20,589 Interest expense 1,117 2,288 Interest income (41) (211) Inventories written down 406 - Loss on disposal of investment properties - 614 Fair value loss on investment in quoted shares 8,472 - Unrealised (gain)/loss on foreign exchange (2) 166 Reversal of impairment loss on investment properties - (56) Written off of plant and equipment 4 - Operating profit/(loss) before working capital changes 1,221 (1,858) Decrease in inventories - 159 Net (increase)/decrease in contract (15,900) 11,091 Increase in trade and other receivables (26,747) (7,253) Increase in trade and other payables 4,756 2,917 CASH FLOWS (FOR)/FROM OPERATING ACTIVITIES (36,670) 5,056 Interest paid (1,117) (2,288) Income tax Paid (775) (31) NET CASH (FOR)/FROM OPERATING ACTIVITIES (38,562) 2,737 CASH FLOWS (FOR)/FROM INVESTING ACTIVITIES Interest received 41 211 Purchase of investment properties - (2,193) Purchase of plant and equipment (1,950) (350) Withdrawal of fixed deposits pledged and/or with maturity period more than 3 months - 8,822 Proceeds from disposal of right of use assets 400 - Proceeds from disposal of plant and equipment 7 - Proceeds from disposal of investment properties - 1,145 Net investment in marketable securities (26,978) - NET CASH (FOR)/FROM INVESTING ACTIVITIES (28,480) 7,635 CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from exercise of employees’ share options 23,774 2,333 Proceeds from issuance of share right with warrant 98,388 - Proceeds from private placements 4,421 25,246 Net repayment of bankers' acceptances (796) (4,831) Repayment of lease liabilities (557) (996) Net repayment of Islamic medium term notes (1,300) (1,098) NET CASH FROM FINANCING ACTIVITIES 123,930 20,654 NET INCREASE IN CASH AND CASH EQUIVALENTS 56,888 31,026 EFFECTS OF FOREIGN EXCHANGE TRANSLATION 1 (166) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL PERIOD 14,509 (16,351) CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL PERIOD 71,398 14,509 Notes:- UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS The unaudited Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2020 and the accompanying explanatory notes attached to this interim financial statements.
You think if u confident up back to 10c - 20c, will you not quickly buy all the unit as much as you can but instead everyday asking people to buy instead? Lol, funny lo, if i so confident, i already pour all my cash here, mortgage everything with loan to all in lo......5x-10x riches lol
Actually, just rubbish talk only for those so confident but not buying.......surely you might have a chance to start from 0.015-0.02 but those above this level is in a nightmare now whether to cut loss or not, but the same for those who think 0.03, 0.04, 0.05, 0.06, 0.07 is the lowest, totally cannot find any opportunity to close the gap with no rebound at all in any level so far..........
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....
Good123
26,432 posts
Posted by Good123 > 2022-03-17 17:55 | Report Abuse
Rebound will come. Promises have been fulfilled, etc. :)
Dagang NeXchange Bhd managed to produce a return of 12.5 times after announcing a corporate restructuring that led to the acquisition of SilTerra Malaysia Sdn Bhd, a semiconductor foundry, from Khazanah Nasional Bhd as well as an increased stake in Ping Petroleum, an upstream O&G player in the UK.
Penny stocks that were less fortunate include Kanger International Bhd, Jerasia Capital Bhd, DGB Asia Bhd, mTouche Technology Bhd, Sanichi Technology Bhd and Permaju Industries Bhd, which failed to deliver on their promise of new ventures, leading to a share price loss of between 79% and 94% over the past two years.