|
| |
Overview
Financial Highlight
HeadlinesBusiness Background G3 Global Bhd is an apparel manufacturing company based in Malaysia. The company operates its business in various segments that include Apparels; which manufactures, markets, distributes and does retailing of jeanswear, fashion apparels, and accessories and Information Communication Technology (ICT); which supplies telecom services and solutions. The Apparel segment generates maximum revenue for the company. The company exports its products and services to Europe, East Asia, and the USA. Their brands consist of Edwin, Mustang Jeans, People’s Market, GA Blue, and Once Upon a Time.
  Winner38 A good show few days ago.. But now dropped Bck to 0025~0030. Need to wait another rounds, wait 3 months again 08/12/2022 11:40 AM gkungpat Pergerakan masih mantap selepas keputusan Q3 diumumkan... Perlu sabar sikit semasa menantikan lonjakan seterusnya.. Their revenue was mainly contributed by ICT services that are in relation to Artificial Intelligence ("AI") face recognition and video analytics. It implies that G3 will more focus on future trend business, i.e. AI.. Tanda-tanda lonjakan adalah positif.. G3 is benefiting from Budget 2023 and is also working on a large AI project. Its share price is relatively cheap for now.. Sy dh masukkan komen siap2.. X perlu beri komen yg sama.. 08/12/2022 1:22 PM Winner38 Trading at 0025~0030. Next month only able to sell. TP 0045 Still waiting.. 15/12/2022 7:00 AM gkungpat @Winner38, I think this counter is not worth it until the company uploads the news that they have started or are implementing according to phase for the AIS3 project in KLIA & KLIA2.. Until now there is no news of the latest project or interesting news about this counter.. the last few weeks the counter has experienced a trading volume that high but still unable to break 0.025 - 0.035 price.. This has been happening for 3 - 4 months.. It is better to switch to other counters which may give flexible returns.. But that's the stock play.. Choice is yours.. 21/12/2022 5:33 PM  Michael R. No news... For any projects if without progress could be terminated.. GP was out... No big horse... 30/12/2022 4:11 PM Winner38 Gkungpat: agreed. Ti's counter need some "goreng" to make it alive.. But we never know as Malaysia Bursa got lots of big Chefs.. Hope they heat up G3 Oil and fry Kawkaw... 12/01/2023 2:04 PM whistlebower99 FOR NEWBIES EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 13 January 2023. =================== Be careful trading high NOSH low price penny stocks Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants Long term shareholders holding at high prices will incur huge losses due to the corporate exercises List of penny stocks with shares consolidation :- 2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, 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,......... ==================== TAYOR, don't be caught in share consolidation exercise 14/01/2023 9:50 PM whistlebower99 FOR NEWBIES Directors doing another massive shares issuance to PP, resulting in further dilution of shareholders equity % and increased NOSH. =========== proposed private placement of up to 870,826,000 new ordinary shares in G3 Global (“G3 Global Shares” or “Shares”), representing not more than 30% of the issued Shares in G3 Global. Kindly refer to the attachment on further details of the Proposals. This announcement is dated 17 January 2023 ========== TAYOR, be careful trading or holding high NOSH loss making penny stocks 17/01/2023 11:34 PM Michael R. See.. G3 was not in the good position to conplete the airport project.. Need another round of cash call... Why not calling for more efficient new BOD instead?? 18/01/2023 6:26 AM Winner38 Time to deep fry G3.. Hopefully more Chefs to come and participate.. Then it shld hit 0035~0040 27/01/2023 4:15 PM whistlebower99 FOR NEWBIES https://www.klsescreener.com/v2/stocks/view/7184/g3-global-berhad Multi year, multi quarter loss making penny stock 10 consecutive years of losses !!! NOSH = 2,902,753,548 NOSH = 2,164,258,748, 07 Jan 2022 NOSH = 492,287,062, 09 Feb 2021 NOSH = 468,025,762, 03 Jan 2020 NOSH increased to multi BILLION shares within 2 years !!! Directors collected lots of money from warrant conversions and PP shares issuance while shareholders equity % dropped massively Too heavy, lack fundamental, not easy to push up price =============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance ============= Be careful holding high NOSH multi year loss making penny stocks, many of which had undergone shares consolidation allowing directors to raise more fund via rights issue, causing massive losses to especially retail shareholders ============= TAYOR, set realistic target 31/01/2023 10:37 AM whistlebower99 FOR NEWBIES =========== proposed private placement of up to 870,826,000 new ordinary shares in G3 Global (“G3 Global Shares” or “Shares”), representing not more than 30% of the issued Shares in G3 Global. ================ Upon completion of director's fund raising PP exercise, NOSH = 2,902,753,548 + 870,826,000 = 3,773,579,548 !!!! ============= TAYOR, be careful if intend to hold high NOSH loss making penny stock. 31/01/2023 10:41 AM 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 08/02/2023 10:24 AM Winner38 Don't be surprised if it drops to 0020~0025..used to be Walls Street counter but then became Longkang counter.. 09/02/2023 6:45 AM Invest_168 G3 work closely with China big AI company SenseTime, as chatGPT AI theme play has began in US and mainland market, G3 in Malaysia sure is the AI theme play 1st choice. 16/02/2023 11:57 AM Invest_168 On 5th May 2022, the company was awarded a total contract value of RM118.0 million to design, supply, install, testing and commissioning for Airport Integrated Security and Safety System at KLIA and KLIA 2 in conjunction with SenseTime, a mega sized AI software provider. 16/02/2023 12:21 PM Invest_168 Some of the big shareholders in G3: MOHAMED FAROZ BIN MOHAMED JAKEL 1.83 39,760,000 NEW 1.19M 14 Apr 22 LUQMAN BIN MOHAMED JAKEL 1.30 28,200,000 NEW 846K 14 Apr 22 MOHAMED IZANI BIN MOHAMED JAKEL 1.15 24,800,000 NEW 744K 14 Apr 22 (马来纺织集团JAKEL集团今年1月7日认购私下配售新股CYPARK资源，崛起成最大股东，持股27.33%；JAKEL集团6000多万令吉投资短短几个星期翻了三倍，变成＂金手指＂) 16/02/2023 12:28 PM Invest_168 Another project on the way: The Company intends to utilise RM4.00 million of the proceeds to be raised from the Proposed Private Placement to fund the future ICT projects to be secured by the Group. The Group is currently in talks for a potential contract for the supply of electronic components such as bazzle, backlight and thin firm transistor material for liquid crystal display screen. It is envisaged that the proceeds will be used to support the Group’s cash flow as it undertakes this contract by covering the purchasing cost for the electronic components. The Group is expected to finalise the contract by the second quarter of 2023. The requisite announcement will be made upon finalisation of the contracts if required by the Listing Requirement. 16/02/2023 12:39 PM gkungpat 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 17/02/2023 7:55 PM whistlebower99 FOR NEWBIES G3 GLOBAL BERHAD ("G3 GLOBAL" OR THE "COMPANY") (I) PROPOSED VARIATION; AND (II) PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") On behalf of the Board of Directors of the Company, M&A Securities is pleased to announce that Bursa Securities had approved the listing and quotation of up to 870,826,000 Placement Shares on the Main Market of Bursa Securities subject to the following conditions: This announcement is dated 2 March 2023 ========= Another massive fund raising by directors via share issuance Directors can continue to collect more money Shareholders can see their shareholding equity % continue to decrease. NOSH continue to increase multi billion shares. ============= TAYOR 03/03/2023 11:26 AM haziqaz https://thecorporatesecret.com/blog/2023/03/04/rahsia-mafia-korporat-malaysia-victor-chin-boon-long-peralat-penguatkuasa-terbongkar/ 05/03/2023 7:50 AM whistlebower99 FOR NEWBIES https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3335265 Another quarter of losses Profit/(loss) attributable to ordinary equity holders of the parent -5,538,000 Multi quarter and multi year losses https://www.klsescreener.com/v2/stocks/view/7184/g3-global-berhad NOSH = 2,902,753,548 PROPOSED PRIVATE PLACEMENT OF UP TO 870,826,000 NEW ORDINARY SHARES IN G3 GLOBAL ("SHARES" OR "G3 GLOBAL SHARES"), REPRESENTING 30% OF THE TOTAL ISSUED G3 GLOBAL SHARES ("PROPOSED PRIVATE PLACEMENT") https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3335745 ============== Massive fund raising by directors via share issuance to PP Upon completion of private placement, NOSH = 3,773,579,548 !!! Shareholder equity % continue to be reduced with more shares issuance Be careful holding high NOSH low price loss making penny stocks Directors have power to do share consolidation and followed by rights issue to raise more fund from shareholders who will suffer heavy losses =============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance =============== TAYOR 12/03/2023 9:08 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||
