LAMBO GROUP BERHAD
KLSE (MYR): LAMBO (0018)
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Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. 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
2023-02-13 14:00
https://www.nst.com.my/news/crime-courts/2023/02/878293/company-director-datuk-seri-title-claims-trial-using-fake-invoices
many con man in this world manipulating to cheat
be careful, they could be targeting your hard earned money
2023-02-13 14:04
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
2023-02-14 16:12
@ whistlebower99 , just to add on their “old name”
(old Name)
(FASTRAK) -> VSOLAR
(LITESPD) -> EDUSPEC
(HUAAN) -> TECHNAX
(MEDAINC) -> MERIDIAN
(PSIPTEK) - > AGES
(IDMENSN) -> EVD
(NEXTNAT) -> NEXGRAM
(BIOOSMO) -> IMPIANA
(TECFAST)-> FAST
PORTRAD -> (OMEDIA) -> ACCSOFT -> LAMBO
(TMS) -> SKH -> VC(VORTEX CONSOLIDATED) -> HM(HARVEST MIRACLE)
(ETITECH) -> TRIVE
(IPOWER) -> INSTACO -> VIVOCOM -> VINVEST
GLOSOFT -> (AGLOBAL) -> NETX
2023-03-10 15:21
Jangan cabut. Takut ka? :)
Save Print Back
0018 LAMBO LAMBO GROUP BERHAD
Change in Boardroom
Date of Change: 16/03/2023
Type of Change: Retirement
Designation: Director
Directorate: Exec
Name: ZHUANG GUOHUA
Age: 49
Country:
Nationality: China
Qualifications:
Working Experience and Occupation:
Directorship of public companies (if any):
Family relationship with any director and/or major shareholder of the listed issuer:
Details of any interest in the securities of the listed issuer or its subsidiaries:
Remarks:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Submitted By:
16/03/2023 07:00 AM
2023-04-05 11:23
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. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6
2023-04-12 12:00
Geng tangan ghaib. Ramai mati
Lambo Group’s external auditor expresses disclaimer of opinion | https://www.klsescreener.com/v2/news/view/1104271
2023-12-27 09:59
FOR NEWBIES
Announced EX Date Subject Ratio Offer
28 Jul 2021 11 Aug 2021 Rights Issue (warrant) 5.0000 : 1.0000 0.1000 View
09 Jul 2021 23 Jul 2021 Share Consolidation 1.0000 : 25.0000 View
10 Apr 2019 22 Apr 2019 Bonus Issue (warrant) 1 : 2 View
12 Feb 2018 01 Mar 2018 Subdivision 10 : 25 View
09 Dec 2015 21 Dec 2015 Rights Issue (warrant) 4 : 2 0.1000 View
https://www.klsescreener.com/v2/stocks/view/0018/lambo-group-berhad
Multi year loss making company
====================
After the last share consolidation, NOSH = 1,540,499,046
exceeding 1.5 BILLION shares again
due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc
diluting shareholders equity % and EPS
==================
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
===================
Directors might continue to raise fund via shares issuance to PP, ESOS, RI, etc
===========
PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3453438
2024-06-26 15:33
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, DESTINI, VIZIONE, KGROUP
2024 completed - 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 08:43
Bursa Malaysia Securities Berhad ("Bursa Securities") has rejected LAMBO's application for a further extension of time to submit its regularisation plan.
In the circumstances and pursuant to paragraph 8.04(5) of the Main LR, please be informed that: -
1. the trading in the securities of LAMBO will be suspended with effect from 4 October 2024; and
2. the securities of the Company will be de-listed on 8 October 2024 unless an appeal against the de-listing is submitted to Bursa Securities on or before 3 October 2024 (“the Appeal Timeframe”). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.
SUSPENSION AND DE-LISTING OF THE SECURITIES OF LAMBO GROUP BERHAD | https://www.klsescreener.com/v2/announcements/view/7975619
1 month ago
It is basically untouchable and is destined to be doomed ie to be delisted and vanished like SD
1 month ago
allow so much esos and pp.....then allow consolidation.....then delist the company.....
1 month ago
Already dropped until now 0.005 cents, sell also cannot get much. Let it be, no eye see liar....
1 month ago
Lambo Group syarikat mafia korporat Kenneth Vun bakal dinyahsenarai susulan penolakan rayuan Bursa Malaysia
https://the-corporatesecret.com/blog/2024/09/27/lambo-group-syarikat-mafia-korporat-kenneth-vun-bakal-dinyahsenarai-susulan-penolakan-rayuan-bursa-malaysia/
1 month ago
CONDOLENCE to those who become victims of 24 qtrs loses type of penny stocks.
You have been delisted.
1.5b sharesholder of Lambo burnt
Watch out for more penny stocks landmines......AGES and ASDION
1 month ago
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