SANICHI TECHNOLOGY BHD

KLSE (MYR): SANICHI (0133)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.02

Trading Volume

13,966,400

IPO Info
File Name: Sanichi Technology Berhad - NPA and RSF Form.pdf Download
Discussions
25 people like this. Showing 50 of 15,016 comments

8899EL8899

LOOK LIKE THE BIG BOSSES WANT TO SUCK SANICHI `S RM154MIL. OUT AGAIN,......TRULY A RUBBISH COMPANY !

2022-11-06 10:29

8899EL8899

THE BIG BOSESES ONLY HAVE FEW MILLION BUT WANT TO ACQUIRE SO MANY COMPANIES,........AT THE END, ALL WILL BECOME RUBBISH

2022-11-06 10:47

8899EL8899

THE RUBBISH BOSS WANT TO HAVE 100% CONTROL IN SANICHI`S RM150MIL. CASH & ASSETS,........

BUT ONLY CAN AFFORD TO OWN FEW % SANICHI SHARES OR NOTHING AT ALL,.........

WHERE GOT SUCH A CHEAP DEAL IN THIS WORLD ,..........

DO THEY HAVE THE RIGHT TO LEAD SANICHI ?

SANICHI SHARES HAVE FALLEN TO 2SEN NOW,........

MEAN SOMETHING BAD IS GOING ON IN THE COMPANY,........

OR, THEY HAVE PLANNED TO TAKE THE COMPANY CASH OUT ALREADY,...........

IN MATTER OF TIME , JUST WAIT FOR THE BAD NEWS,.......

IT IS REAL RUBBISH BOSS DID THE RUBBISH JOBS !.........

WHAT CAN YOU DO NOW ?..........

IF YOU SELL NOW , YOU LOSS ,..........

IF YOU SELL LATER , YOU LOSE MORE !........

ALL ARE PLANNED FOR YOU TO FAIL !

2022-12-11 15:55

Reap88

CFM recently has a MOU with a Thai subsidiary company to produce EV batteries. PCH is a substantial shareholder of both CFM & Sanichi Will Sanichi eventually also benefit from this MOU?

2023-01-09 11:01

Peace99

Hope so! Am still holding!
May be it is time to change company's name to a non-Japanese sounding one.....Japan is going hill!!

2023-01-25 11:23

whistlebower99

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

2023-02-06 11:25

Reap88

At RM0.02 Sanichi market capitalization is only RM28M . RM0.02 I believed is the lowest market price in Sanichi history despite the fact that Sanichi financial health is now the best ever with total assets at RM370M. Ridiculous valuation!

2023-02-16 13:35

whistlebower99

Post removed.Why?

2023-02-23 09:54

Reap88

Sanichi just released its financial results. Revenue increased compared to last year. Losses also less. Still have cash of RM124M which is good.
NTA RM0.19 Sanichi still financial healthy. Even at RM0.025 still substantially undervalued.

2023-02-28 10:41

whistlebower99

Post removed.Why?

2023-02-28 21:56

whistlebower99

Post removed.Why?

2023-03-13 10:22

Reap88

Don't understand why there are still so many sellers que to sell at RM0.02. At this price definitely lose money. Sanichi holds 7.2% of BCMall, 14.18% of BSL & 13.41% of PDZ. When these companies prices recover Sanichi will reap handsome profit. Sanichi is future king maker. Sell at RM0.02 sure will regret later .

2023-03-20 12:29

whistlebower99

Post removed.Why?

2023-03-20 15:19

Reap88

I noticed whistblower99 that you are in BCMall, BSL, Mtronic, PDZ, MNC, Focus & many more penny stock companies chat groups under the pretext of advising newbies by painting a negative picture of all these companies. Are you being paid to frighten shareholders of all these companies? Are all these companies candidates for PN17 status? Many of these companies have strong balance sheet and good tangible assets.

2023-03-21 10:45

whistlebower99

Post removed.Why?

2023-03-21 11:45

whistlebower99

Be careful trading loss making low price penny stocks, even after share consolidation and fund raising via rights issue

PASUKGB did share consolidation twice within 2 years

Check CAPITAL CHANGES of PASUKGB:-
Announced EX Date Subject Ratio Offer
03 Apr 2023 17 Apr 2023 Share Consolidation 1.0000 : 10.0000
04 Jun 2021 18 Jun 2021 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
25 May 2021 09 Jun 2021 Share Consolidation 1.0000 : 10.0000

https://www.klsescreener.com/v2/stocks/view/0177/pasukhas-group-berhad

==================
Directors have lots of power and can do another share consolidation to cause more losses to retail shareholders



2023-05-25 16:36

whistlebower99

Post removed.Why?

2023-06-27 16:12

whistlebower99

Post removed.Why?

2023-06-30 17:52

Bullkobear

money laundering

2023-07-01 12:00

whistlebower99

Post removed.Why?

2023-07-10 13:42

whistlebower99

Notice of Person Ceasing (Section 139 of CA 2016)
BSL CORPORATION BERHAD

Particulars of Substantial Securities Holder
Name SANICHI TECHNOLOGY BERHAD

Date of cessation 11 Jul 2023
No of securities disposed 238,000,000
Disposal of Shares via open market

Date of notice 14 Jul 2023
Date notice received by Listed Issuer 14 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3369513

===================
Another massive share disposal by SANICHI directors
Expect another massive losses
Directors might resort to fund raising via shares issuance again if company fund runs low

2023-07-16 21:58

fl888

Sanichi side by side with PDZ..... watch out...

2023-10-20 10:58

whistlebower99

Post removed.Why?

2023-11-03 11:26

Bullkobear

A Lot of money laundering listing companies🤑

2023-11-03 13:59

linheng

Balance of Cash from Rights Issue is 75.735M. NOSH is 1403 M. So Cash per share is 0.054

2024-01-07 06:24

linheng

Problem is trusting that P guy with the cash

2024-01-07 06:26

Icon 888

Dun touch

2024-03-06 00:13

whistlebower99

Post removed.Why?

2024-03-06 11:26

Icon 888

Fully avoid.. Cheating money

2024-03-19 11:41

whistlebower99

Notice of Person Ceasing (Section 139 of CA 2016)
PDZ HOLDINGS BHD
Particulars of Substantial Securities Holder
Name SANICHI TECHNOLOGY BERHAD
Address Unit 27.2, Menara 1MK,
Kompleks 1 Mont Kiara,
No. 1, Jalan Kiara, Mont Kiara,
Kuala Lumpur
50480 Wilayah Persekutuan
Malaysia.
Company No. 200401023320 (661826-K)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder SANICHI TECHNOLOGY BERHAD
Address of registered holder PLO 135, Jalan Cyber 5,
Kawasan Perindustrian Senai,
Fasa 3,
81400 Senai,
Johor
Date of cessation 21 May 2024
No of securities disposed 34,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder Disposal of shares via open market

=========
Huge losses caused by Sanichi directors in penny stock speculation.
Decrease in shareholders fund raised from shares issuance to PP, ESOS and RI
Money can flow out from company fund to others!!!!
When company fund runs low, directors would raise fund via shares issuance to PP ESOS or RI again

2024-05-27 18:12

whistlebower99

Post removed.Why?

2024-06-06 10:33

whistlebower99

FOR NEWBIES

Announced EX Date Subject Ratio Offer
09 Apr 2021 22 Apr 2021 Rights Issue (warrant) 6.0000 : 1.0000 0.0800
22 Mar 2021 02 Apr 2021 Share Consolidation 1.0000 : 10.0000
05 Nov 2018 16 Nov 2018 Rights Issue (warrant) 2 : 1 0.1000
18 Aug 2017 30 Aug 2017 Share Consolidation 3 : 1
31 May 2016 10 Jun 2016 Rights Issue (warrant) 2 : 1 0.1100
04 May 2016 17 May 2016 Share consolidate 4 : 1

https://www.klsescreener.com/v2/stocks/view/0133/sanichi-technology-bhd

Look at Annual P/L and Capital Changes in above link

Directors did 3 shares consolidation exercise and 3 fund raising rights issue since 2016 !!!
Retail shareholders incurred huge losses due to share consolidation

=============
Multi year loss making penny stock
After the last share consolidation, directors continue fund raising via shares issuance to PP, ESOS.

NOSH = 1,403,095,559 exceeded 1 BILLION shares again !!!

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

2024-06-19 13:22

whistlebower99

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.

================

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - HM, MQTECH, XOX, VIZIONE, KGROUP
2024 completed - DESTINI, AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Retail investors trapped at high price incurred huge losses caused by share consolidation

2024-07-16 10:53

whistlebower99

FOR NEWBIES

Announced EX Date Subject Ratio Offer
09 Apr 2021 22 Apr 2021 Rights Issue (warrant) 6.0000 : 1.0000 0.0800
22 Mar 2021 02 Apr 2021 Share Consolidation 1.0000 : 10.0000
05 Nov 2018 16 Nov 2018 Rights Issue (warrant) 2 : 1 0.1000
18 Aug 2017 30 Aug 2017 Share Consolidation 3 : 1
31 May 2016 10 Jun 2016 Rights Issue (warrant) 2 : 1 0.1100
04 May 2016 17 May 2016 Share consolidate 4 : 1 View
15 Aug 2014 27 Aug 2014 Rights Issue (warrant) 3 : 2 View
31 Jan 2013 15 Feb 2013 Rights Issue (warrant) 1 : 1 View
10 Dec 2012 20 Dec 2012 Others 5 : 1 View

Multi year losses
9 years of losses in a row !!!

https://www.klsescreener.com/v2/stocks/view/0133/sanichi-technology-berhad

Check P/L and Capital Changes

=====================
NOSH = 1,403,095,559 approaching 1.5 BILLION shares again after share consolidation & massive fund raising via Rights Issue in Apr 2021

Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc

===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc

2024-07-17 11:59

mf

BREAKING
Elon Musk PAC being investigated by Michigan secretary of state for potential violations

2024-08-05 05:11

whistlebower99

FOR NEWBIES

ESOS

(a) Date of offer : 14 August 2024

(b) Exercise price of options offered : RM0.016

(c) Number of options offered : 240,000,000

(d) Market price of Sanichi's shares on the date of the offer : RM0.020

(e) Vesting period of options offered : Not applicable



This announcement is dated 14 August 2024.

===========
Loss making penny stock
Directors rewarding employee with cheap cheap ESOS even though company business continue to suffer losses

2024-08-14 21:23

whistlebower99

NOSH continue to rise exceeding 1.5 Billion shares
Retail shareholders equity % continue to be diluted.

2024-08-14 21:26

whistlebower99

FOR NEWBIES

Types of corporate proposal ESOS
No. of shares issued under this corporate proposal 240,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0160
Latest issued share capital after the above corporate proposal in the following
Units 1,643,095,559
Listing Date 19 Aug 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3473941

=================
Directors continue to raise more fund via massive shares issuance at cheap cheap low price
NOSH continue to rise above 1.5 BILLION shares

Retail shareholders equity & continue to be diluted

Will there be another share consolidation in near future ???

================
https://www.klsescreener.com/v2/stocks/view/0133/sanichi-technology-bhd

Announced EX Date Subject Ratio Offer
09 Apr 2021 22 Apr 2021 Rights Issue (warrant) 6.0000 : 1.0000 0.0800
22 Mar 2021 02 Apr 2021 Share Consolidation 1.0000 : 10.0000
05 Nov 2018 16 Nov 2018 Rights Issue (warrant) 2 : 1 0.1000 View
18 Aug 2017 30 Aug 2017 Share Consolidation 3 : 1 View
31 May 2016 10 Jun 2016 Rights Issue (warrant) 2 : 1 0.1100 View
04 May 2016 17 May 2016 Share consolidate 4 : 1 View

2024-08-19 09:29

whistlebower99

FOR NEWBIES

So soon another share consolidation by directors!!!!

SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY")

(I) PROPOSED SHARE CONSOLIDATION;
(II) PROPOSED SHARE CAPITAL REDUCTION; AND
(III) PROPOSED VARIATION

(COLLECTIVELY, THE "PROPOSALS")
On behalf of the Board of Directors of the Company, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following:

(i) proposed consolidation of every 10 existing ordinary shares in Sanichi (“Sanichi Shares”) into 1 Sanichi Share (“Proposed Share Consolidation”);

(ii) proposed reduction of the issued share capital of Sanichi pursuant to Section 117 of the Companies Act 2016 (“Proposed Share Capital Reduction”); and

(iii) proposed variation to the utilisation of proceeds previously raised from the rights issue with warrants exercise undertaken by the Company that was completed on 28 May 2021 (“Proposed Variation”).

Further details of the Proposals are set out in the attachment below.

This announcement is dated 4 October 2024.

========
Retailers kept being squeeze by directors action

MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/8028183

1 month ago

whistlebower99

Something not right with bursa or sc or.....
Keep approving shares issuance to PP ESOS or RI and then approving shares consolidation.

1 month ago

kyliew

1st time in Bursa?

1 month ago

Lee Ying Yee

the stock king in bursa ? 6 time consolidate ??

1 month ago

whistlebower99

This will be the 5th time of shares consolidation since Dec 2012.
No authority to investigate the actions of directors to continue squeezing the shareholders especially the retailers.

1 month ago

stncws

1c to 20c then 1c...then to 20c then 1c,....should be -

1 month ago

stncws

now 1c to 10c....normally sharehlder will sell all @ 12 to 14c first day

1 month ago

hen_choong

Teach u all
Conso again pls do complain to bursa,try send email to complain, really unfair to all ur minority shareholders,If you dont want to end up like ikan bilis, please voice up to
Chairman@bursamalaysia.com
SID@bursamalaysia.com
RMCChairman@bursamalaysia.com

1 month ago

JJPTR

What? 6 times already dcing consolidating conjob? Must be very very very wrong about this company.
you touch you die
also involved in this SANICHI are BCM, MNC.
BCM, MNC, SANICHI......make sure not a single share in your portfolio

1 month ago

whistlebower99

FOR NEWBIES


On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 22 October 2024, approved the Proposed Share Consolidation

MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/8238789

========
Existing retail shareholders will have their shares reduced by 10 times soon.
Be prepared for huge losses due to share consolidation

1 month ago

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