The game is over, no hope anymore. RI has closed. It will start going trend down from now on. A few weeks from now price will go back to before consolidation price, investor will loose as your shares qty has reduce 10 times.
Anyway know what is this RI about this RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021 ("RIGHTS ISSUE WITH WARRANTS")
So, does this means there will be 992,394,438 new mother share flooded into the market that cost 0.10 to buy?
Who is the one buying actually? Just like throwing money into the sea as very obvious result, is all the RI been subscribed actually or must be subscribed fully by now?
Calling external auditors of loss making penny stocks
External auditors have a big role to play to ensure companies do not cheat shareholders by hiding potential red flags from the audit report.
If Serbadk can sue KPMG for trying to raise potential red flags then shareholders must also be able to sue auditors for trying to hide potential red flags.
Why Malaysian trader are so dumb? Or the manipulator too smart, within same shareholder indirectly give contract and sign mou? Lol stock in malaysia scew up these group of monkey. Fintec owned by KV group, pasukhas owned by KV group, AT onwed by KV group, mou? Go into glove? Please your guy make enough just leave the market and don't screw up this exchange.
Singapore regulatory bodies were able to investigate and uncover irregularities of penny stocks manipulation by John Soh Chee Wern. What happen to our bursa regulatory bodies?
I bought euro at price 0.8 last Friday and sold 0.56 this Monday to follow trend to cut loss. After just sold price went up to 0.6 I feel a little bit regret. Today price is 0.930 I am not only regret but I am mad too
This stock up and down very fast, so If bought today aleady have big profit. Better than the fintech, dgb, vsolar...always done in one price and dump stock.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
HarisMarhom
11 posts
Posted by HarisMarhom > 2021-06-29 12:01 | Report Abuse
The game is over, no hope anymore. RI has closed. It will start going trend down from now on. A few weeks from now price will go back to before consolidation price, investor will loose as your shares qty has reduce 10 times.