It might be a good studies to research of what is actually happening.
I still remember one person name Lim Ghin Chai keep blowing non stop during The busy weekly investor day with super bad presentation skil .
Since then HHGROUP loss almost every quarter.
I saw Kee and Dato Hng are using a lot of pledge account. Guess it might be due to margin call and cash flow problem inside company which makes them sell off every single entity. This must be a hard time from boss to employee
Thats why we as a ikan bilis must becareful when investing in Bursa Malaysia.
Before IPO is like porsche After IPO is like trash . So sorry to say that, but it is true.
A lot just thinking of manipulating rather than doing real business. I think SC and Bursa can step in to investigate too. HHGROUP has a serious financial problem and on Sep 5 it still acquire SKT .
I wonder what is the real intention of Mr Ooi Chieng Sim. Is that he will pump more than 50m to subscribe for the RI ? If he really do so, means he is optimistic of the future prospect. If dont we can see this company slowly die off and like Sumatec.
Right now the best thing is to stay aside and watch the game.
Just to be extra cautious
If you buy at 100k at 0.06 today (rm600) u need to fork out another rm1750 for the rights issues then...abt 300% extra money has to be pumped in.
After 10 into 1 yr cost will be Rm0.55...then after ex rights issues of 7 for 1 at Rm0.25 the mother price likely will be adjusted below RM0.30..
I think the massive rights issue will be undersubscribed due to almost 300% extra funds to be pumped in...thus for anyone who wanna bet on Ooi may find it cheaper to buy OR then.
Bsides, the rights issues is mainly to raise fund to pare down co debts...the outlook is still sucks
The only reason for you to invest in this stock is only Ooi...c what kind of magic he can play
Just call bursa and mention heng guar bhd PIC.. pic will email u d complain form . Just be anonymous and email bk. Bursa will i vestigate based on seller record at 13c until 6 c.
Yes. Now ooi purposely announce 10 -1 restructure to make share hild become banana paper n he will recollect ut .he sold fr 13c downwardsn bought bk at 3c oledy profitted a fortune.
Next if he succefully corner all share bk he will goreng bk to 60cts n RI only 25c so investir will fork out to buy but wait until d share is traded..it will drop bk to beliw 25c - investor kena secind hurt.
Atta time ooi did d same goreng till 1.5 n a lot employees subscrice esos of rm1 but when the share deposited to account pruce traded becime 70c .this is d loophole ooi is using.
Anybody who lost heavy in heng huat shd make police report of insider trading ( ooi sold his share at 13c knowing he will announce 10-1 restructuring n pruce bound to dive- let authority take him to task.otherwise if all major shareholder copy his tactucs finish la our bursa malaysia
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....
whizzkid
1,336 posts
Posted by whizzkid > 2019-11-18 16:27 | Report Abuse
just cut loss..don't want the repeat of VSolar, MNC, PRG...still keep some though