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next SUPER PENNY To chiong 2019
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tankoksee
Supreme |
06-Jan-2022 08:46
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sop as ntegrator...same old pattern... bay a shelf co..n pay heavily using $$ from retailers... scum n scam type of co?...QT oso part of their gang now? |
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MakeChanges
Elite |
06-Jan-2022 08:44
Yells: "No price is too low for a bear or too high for a bull" |
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MakeChanges
Elite |
06-Jan-2022 07:48
Yells: "No price is too low for a bear or too high for a bull" |
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TRADING LIFTED! | ||||
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MakeChanges
Elite |
06-Jan-2022 07:46
Yells: "No price is too low for a bear or too high for a bull" |
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The Proposed Subscription of Perpetual Convertible Bonds and Warrants in Ntegrator International Ltd. - Entry into Subscription Agreement The Board of Directors (the ' Board' ) of Incredible Holdings Ltd. (the ' Company' and together with its subsidiaries, the ' Group' ) wishes to announce that the Company has on 31 December 2021 entered into a subscription agreement (the ' Subscription Agreement' ) with Ntegrator International Ltd. (' Ntegrator' ) in relation to, inter alia, a proposed subscription of: (a) 0% perpetual convertible bonds of an aggregate principal amount of S$9,000,000 (the ' Ntegrator Perpetual Convertible Bonds' ) which shall, at the option of the holder thereof, be convertible into new ordinary shares in Ntegrator (the ' Ntegrator Conversion Shares' ) at a conversion price of S$0.003333 per Ntegrator Conversion Share (the ' Ntegrator Conversion Price' ) and (b) 10,000,000,000 free warrants (the ' Ntegrator Warrants' ), each Warrant shall grant the holder thereof the right to subscribe for one new ordinary share in Ntegrator (the ' Ntegrator Exercised Share' ) at an exercise price of S$0.003333 (the ' Ntegrator Exercise Price' ), (the ' Proposed Subscription' ). The Company is intending to undertake a Proposed Capital Reduction (as defined in Paragraph 11 below). In the event that the Proposed Capital Reduction is completed, the Company will effectively subscribe for 100,000,000 Ntegrator Warrants. Please refer to Paragraph 11 below for further details in relation to the Proposed Capital Reduction. |
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MakeChanges
Elite |
03-Jan-2022 08:22
Yells: "No price is too low for a bear or too high for a bull" |
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TRADING HALT! | ||||
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tedlim
Veteran |
16-Dec-2021 22:02
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Old news but provide some insights on the folks behind Incredible... Story behind penny stock crash Published: Saturday May 3, 2014 MYT 12:00:00 AM BY YVONNE TAN https://www.thestar.com.my/business/business-news/2014/05/03/story-behind-penny-stock-crash/ THIS week&rsquo s crash of four small-cap stocks which dented sentiment across the local bourse has the market abuzz about a foreign market personality by the name of Christian Kwok-Leun Yau Heilesen (pic). Kwok, the founder of Hong Kong-based mobile content developer Funmobile Holdings Ltd, is no stranger to the local market. Hailing from Copenhagen, the 30-year-old Dane has been emerging as a substantial shareholder in various small, mostly loss-making tech firms listed on Bursa Malaysia from as far back as 2011. Coincidentally, the stock prices of these companies always sky-rocketed after his emergence and fell back flat after he sold out, sometimes in just a matter of weeks. This time round, the four stocks which crashed were Visdynamics Holdings Bhd,MNC Wireless Bhd, Solution Engineering Holdings Bhd and Industronics Bhd. On Monday, all four, which had been on a general uptrend for some time, crashed, with MNC losing the most value in terms of percentage, falling by 60%. Now, Kwok is again being bandied about by stock dealers as the common person involved in all four stocks. Apparently, the four companies each had a block of shares that had been rolled over a few times with &ldquo no real money&rdquo coming in to pick up the blocks. Dealers say the bubble finally burst after one stockbroking house, among several, stopped the line of credit. As far as links between the firms go, Solution Engineering is 10.8% owned by Industronics, an electronics company of which Kwok was the chairman from April 2013 to June 2013. While the market is still trying to connect the dots, Kwok has openly come out to say that he had divested his investments in Malaysia several months ago. &ldquo I have not been to Malaysia for several months now ... I sold all my investments several months ago to investors from Macau,&rdquo Kwok told StarBiz when contacted on Tuesday. Meanwhile, the buzz among those in the market does not stop here. In a seemingly related event which took place last year, a CEO of a public-listed firm had a major falling out with his broker. &ldquo This event had resulted in investigations being made and basically opened a can of worms which led to the gradual departure of a few active traders from the country,&rdquo one seasoned dealer reveals. Interestingly, Kwok&rsquo s departure from Malaysia was not well-publicised although his emergence a few years back in the local market was accompanied by much fanfare. The broker reveals that this week&rsquo s crash of these four stocks &ndash which were all in the red as at yesterday&rsquo s close except for Solution Engineering which ended flat &ndash had resulted in some RM40mil in losses for remisiers from brokerages across the country, Kwok first emerged in Malaysia in 2011 with Raymond Yip Wai Man, a Hong Kong citizen, and reportedly bought a 15% stake in DVM Technology Bhd. They had then asked for an EGM to remove several directors from the company. In the end, what was supposed to be a boardroom tussle which got some investors excited, never happened. Instead Kwok and Yip sold out of DVM, less than three weeks after they had bought in. Not long after that, DVM&rsquo s share price plunged to 13.5 sen after reaching 25 sen earlier, its highest in five years. A couple of months after that, Kwok emerged in another local IT firm, GPRO Technologies Bhd, where the stock price surged after his emergence. He was appointed executive chairman of the company but has since ceased to be a substantial shareholder. In March 2012, Kwok surfaced in Cybertowers Bhd, once again sending the firm&rsquo s share price flying high and then hitting limit-down in a relatively short span of time. Kwok sold his entire 8.3 million share block in Cybertowers less than five months after he emerged as a substantial shareholder in the company which is involved in automated vehicle locating systems. More legs for small-caps Meanwhile, the crash of the four stocks has evidently affected sentiment on penny stocks on Bursa Malaysia although experts feel that it is not time to be too concerned. Fundamentally, market experts agree that the FTSE Bursa Malaysia Small Cap Index, which tracks smaller companies, has become pricey at 11.5 times 2014 price earnings (PE), having run up for at least the past 18 months. Any profit-taking at the moment is healthy, they say. &ldquo The recent crash is probably an isolated case but sends a signal that traders should be cautious,&rdquo says a senior market analyst. The index has lost some 400 points from its all-time high of 17,867 points reached last Tuesday, due to this week&rsquo s selldown. While the pause in the rally may continue for a while buoyed by the &ldquo sell in May&rdquo factor and the World Cup in June, it still has legs and should continue, moving on, some analysts predict. &ldquo Going forward, we may see the continuity of &ldquo a tale of two markets&rsquo whereby large-cap stocks will continue to trade sideways with limited upside, while small- and mid-cap stocks could extend their rally after May and June,&rdquo JF Apex Securities tells clients. The benchmark FTSE Bursa Malaysia KLCI which tracks the 30 largest firms on Bursa Malaysia remains one of the indexes with the richest valuations in the region, trading at more than 16 times 2014 PE. &ldquo We advise investors to be selective on small-cap stocks by looking at fundamentally-sound companies.&rdquo JF Apex adds. |
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ttbanthony
Veteran |
02-Dec-2021 12:18
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I don think he dares set foot in Singapore shore
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Blackcitron
Member |
12-Nov-2021 12:53
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Gonna wake up
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Blackcitron
Member |
08-Nov-2021 16:56
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Looks like the Hulk gonna wake up soon | ||||
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lucskywalker
Senior |
03-Nov-2021 08:36
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As far as I read, one is own business, one is not. but Both are profit Should he sell for free and donate money to us? Come on & be realistic too. |
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Blackcitron
Member |
03-Nov-2021 08:31
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The guy is selling his own business to incredible and ntgrator at a premium price .
Looks very fishy . But yet might be a possible run for those 2 stocks
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lucskywalker
Senior |
03-Nov-2021 08:19
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What is wrong in this? They are buying business that makes money? What is to watch closely? |
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mrwise
Supreme |
22-Oct-2021 13:59
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Something is cooking good....
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mrwise
Supreme |
21-Oct-2021 11:21
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Get ready for this rocket!!!
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Adventus.boss
Senior |
20-Oct-2021 09:41
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Bro Zhun Zhun, you buying Incredible? Will it become Incredible Hulk soon?
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Zhunzhun
Veteran |
19-Oct-2021 13:30
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So the valuation is based on future revenue or income approach. Internal Future Revenue Projections realiable? What are the past years revenue and profit like? Extracts from the media release: There are three generally accepted valuation approaches sourced from the International Valuation Standard 105 &ndash Valuation Approaches and Methods, namely, the cost approach, the market approach and the income approach. In the valuation, the market approach was not considered applicable as the Target Group is engaged in online watch trading, which is a special niche market and there are no sufficient comparable companies observed in the market. The cost approach was not considered an appropriate approach as this approach does not take into account the economic profits contributed by the intangible asset, such as online platform and customer relationship, of the Target Group. The Independent Valuer determined that the income approach was the most appropriate valuation approach as it takes the future revenue that can be obtained by taking the intangible asset of the Target Group into consideration. In particular, the discounted cash-flow method was used in the valuation. |
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ryanlee1303
Member |
19-Oct-2021 13:29
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Target&rsquo s luxury watch trading platform generated a net profit after tax (&ldquo NPAT&rdquo ) of HK$1.2 million (or S$0.2 million1 ) in HY2021 while its NPAT soared 62.0% from HK$2.1 million (or S$0.4 million1 ) in FY2019 to HK$3.4 million (or S$0.6 million1 ) in FY2020 despite Covid-19 pandemic Covid causes watch business to thrive. What does this guy mean by despite covid? trying to mislead? |
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lucskywalker
Senior |
19-Oct-2021 13:11
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profitable acquisition...... good!!! price up!!!! | ||||
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spursfan
Supreme |
19-Oct-2021 13:06
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MEDIA RELEASE INCREDIBLE TO ACQUIRE 42.0% OF GOLDEN ULTRA INCREDIBLE TO ACQUIRE 42.0% OF GOLDEN ULTRA 42.0% OF GOLDEN ULTRALIMITED FOR HK$8 LIMITED FOR HK$8 LIMITED FOR HK$84.0 MILLION TO EXPAND MILLION TO EXPANDITSLUXURYWATCH TRADING WATCH TRADING WATCH TRADINGBUSINESS IN HONG KONG BUSINESS IN HONG KONG BUSINESS IN HONG KONG - Group entered into a sales and purchase agreement (&ldquo SPA&rdquo ) for the proposed acquisition of a 42.0% stake in Golden Ultra Limited (&ldquo GUL&rdquo or the &ldquo Target&rdquo ) for HK$84.0 million (or S$14.6 million1 ) - The proposed earnings accretive acquisition once completed would enable the Group to instantly expand its luxury watch trading business into Hong Kong as it continues to build-up its business presence in Singapore, Korea and Denmark - Target&rsquo s luxury watch trading platform generated a net profit after tax (&ldquo NPAT&rdquo ) of HK$1.2 million (or S$0.2 million1 ) in HY2021 while its NPAT soared 62.0% from HK$2.1 million (or S$0.4 million1 ) in FY2019 to HK$3.4 million (or S$0.6 million1 ) in FY2020 despite Covid-19 pandemic https://links.sgx.com/1.0.0/corporate-announcements/IQ72P9DCH3DK1BM7/687271_Incredible%20-%20press%20release%20of%20proposed%20acquisition.pdf |
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lucskywalker
Senior |
19-Oct-2021 10:18
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Thanks for the info.... so price have chance sky rocket like the extract you pasted?
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