TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.02

Today's Change

+0.005 (33.33%)

Day's Change

0.015 - 0.02

Trading Volume

617,500

Overview

Market Cap

44 Million

NOSH

2,215 Million

Avg Volume (4 weeks)

4,440,495

4 Weeks Range

0.01 - 0.02

4 Weeks Price Volatility (%)

100.00%

52 Weeks Range

0.01 - 0.035

52 Weeks Price Volatility (%)

40.00%

Previous Close

0.02

Open

0.02

Bid

0.015 x 24,098,000

Ask

0.02 x 37,733,000

Day's Range

0.015 - 0.02

Trading Volume

617,500

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2023 [#2] | 29-Aug-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 25-Nov-2023

T4Q P/E | EY

-1.05 | -94.82%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.02 | 1.05

T4Q NP Margin | ROE

-65.52% | -99.81%

Market Buzz
Company Profile

Sector: ENERGY

Sector: ENERGY

Subsector: OTHER ENERGY RESOURCES

Subsector: OTHER ENERGY RESOURCES

Description:

Sino Hua-An International Bhd is an investment holding company. The company is engaged in manufacturing and sale of metallurgical coke and other related by-products. Sino Hua-An International?s products include tar oil, crude benzene, ammonium sulfate and coal gas. Its by-products include Coal Gas, Tar, Crude Benzene, Ammonia Sulfate, Coal Slime and Middlings.

Discussions
10 people like this. Showing 50 of 25,018 comments

Rvp918

Mana mau lari

2023-03-29 12:39

Tipster

No more news? Waiting to chap lap?

2023-04-06 07:45

Vicky

Hahaha....gulung tikar

2023-04-06 10:37

Rvp918

Bila gulung? haha

2023-04-07 12:12

ID007

all directors songlap

2023-04-08 12:57

ID007

lol

2023-04-10 09:48

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. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6

2023-04-12 09:55

Vicky

Well said. Thks.

2023-04-12 11:14

whistlebower99

FOR NEWBIES

TECHNA-X BERHAD ("TXB" OR "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; AND
(IV) PROPOSED RIGHTS ISSUE WITH WARRANTS;

In view of the developments that have taken place since the Previous Announcements, on behalf of the Board of Directors of TXB (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Previous Proposals shall be revised to as follows:

(i) proposed reduction of TXB’s share capital pursuant to Section 116 of the Companies Act 2016 (“Act”) (“Proposed Capital Reduction”);

(ii) proposed settlement of an aggregate amount of RM33,834,500 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 2,487,830,882 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”);

(iii) proposed consolidation of every 20 existing Shares into 1 ordinary share of TXB (“Consolidated Share(s)”) held by the entitled shareholders on an entitlement date to be determined and announced later (“Consolidated Shares Entitlement Date”) (“Proposed Share Consolidation”); and

(iv) proposed renounceable rights issue of up to 251,587,641 new ordinary shares in TXB (“Rights Share(s)”) on the basis of 1 Rights Share for every 1 Consolidated Share held (“Rights Shares Entitlement Basis”), together with up to 251,587,641 free detachable warrants in TXB (“Warrant(s)”) on the basis of 1 Warrant for every 1 Rights Share subscribed for by the entitled shareholders (“Warrants Entitlement Basis”) of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Rights Issue with Warrants”).

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

Date Announced 14 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464

====================
Previous name is SINO HUA-AN INTERNATIONAL BERHAD

Normally not a good thing when loss making penny stock change name.


=====================
Multiple year loss making penny stock company

NOSH = 2,214,714,736

Long term holders likely to incur huge losses due to share consolidation and rights issue

2023-04-18 09:42

Vicky

Target 0.005 cent. Tengok logo sudah tau....hahaha

2023-04-18 19:46

TheCrown

Waiting for 1.33 sampai mampos

2023-04-19 18:51

Tipster

Consolidate 50 into 1 then $1 liao

2023-04-20 18:29

whistlebower99

FOR NEWBIES

VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 9 May 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 from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - VSOLAR, DOLPHIN, TECHNAX

2023 completed = 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,.........

====================
TAYOR, don't be caught in share consolidation exercise

2023-05-12 12:23

whistlebower99

FOR NEWBIES

TECHNA-X BERHAD ("TXB" OR "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; AND
(IV) PROPOSED RIGHTS ISSUE WITH WARRANTS;

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464

==================
Take note of on-going multiple proposal


2023-05-17 15:32

Winner38

Time to goreng.. Kambing soon.. 🐐

2023-05-23 21:30

Winner38

Kambing kambing soon.. 0020~0025..

2023-05-24 19:35

ID007

kambing 0.1

2023-05-24 22:04

Vicky

Target 0.005. Get readyyy for the joyride !

2023-05-25 11:44

Rvp918

Must buy popcorn to watch haha

2023-05-27 16:49

Winner38

Selling at 0020
Kambing 🐐 soon..

2023-05-30 16:30

Winner38

Soonnnnnnn.... 🐐

2023-05-31 15:36

Vicky

Gonna PN17 soon !

2023-05-31 20:12

Winner38

Wait wait.. Be patient.. Coming soon..

2023-05-31 21:56

Apastock

nak jadi X-Men?

2023-05-31 22:04

Vicky

Profit decrease 97%. Director sudah lari dengan untung walaupun dementia !

2023-06-01 14:35

ID007

all come back take gaji

2023-06-02 22:39

Mar2083

Possible it will up trend next week?

2023-06-03 08:21

Winner38

Cut loss.. PN17
As expected..

2023-06-05 22:15

whistlebower99

TECHNA-X BERHAD ("TXB")
- BURSA MALAYSIA SECURITIES BERHAD'S PRACTICE NOTE 17 ("PN17") RELIEF MEASURES RESULTING IN TXB TRIGGERING SUSPENDED CRITERIA BUT NOT CLASSIFIED AS A PN17 LISTED ISSUER

Reference is made to TXB’s announcement made on 1 June 2023 bearing reference number GA1-31052023-00061, the Board of Directors of TXB wishes to clarify that TXB has re-assessed its PN17 condition based on the latest quarterly report on consolidated results for the financial period ended 31 March 2023 as announced on 30 May 2023, the shareholders’ equity has increased from RM35.16 million as at 30 September 2021 to RM42.36 million as at 31 March 2023, which is more than 25% of the share capital of TXB and more than RM40.0 million.

As such, TXB no longer triggers any of the PN17 Suspended Criteria and any of the criteria in relation to the financial condition of a listed issuer as set out in Paragraph 2.1 of the PN17.

This announcement is dated 2 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359665




2023-06-06 11:39

whistlebower99

FOR NEWBIES

(i) proposed reduction of TXB’s share capital pursuant to Section 116 of the Companies Act 2016 (“Act”) (“Proposed Capital Reduction”);

(ii) proposed settlement of an aggregate amount of RM33,834,500 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 2,487,830,882 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”);

(iii) proposed consolidation of every 20 existing Shares into 1 ordinary share of TXB (“Consolidated Share(s)”) held by the entitled shareholders on an entitlement date to be determined and announced later (“Consolidated Shares Entitlement Date”) (“Proposed Share Consolidation”); and

(iv) proposed renounceable rights issue of up to 251,587,641 new ordinary shares in TXB (“Rights Share(s)”) on the basis of 1 Rights Share for every 1 Consolidated Share held (“Rights Shares Entitlement Basis”), together with up to 251,587,641 free detachable warrants in TXB (“Warrant(s)”) on the basis of 1 Warrant for every 1 Rights Share subscribed for by the entitled shareholders (“Warrants Entitlement Basis”) of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Rights Issue with Warrants”).

Further details of the Proposals are set out in the attachment.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351584

=================
Take note Multiple Proposal still in effect

2023-06-06 11:41

rasee98

hold or sell masters?

2023-06-06 11:48

whistlebower99

consolidation of every 20 existing Shares into 1 ordinary share of TXB

not likely above 0.01 on ex-date

2023-06-06 13:43

ID007

gg

2023-06-06 17:08

dompeilee

Aiyo purposely PUSH up into the ToP Vol list to lure gambling ghost aunties/uncles to buy then TRAPPP them to try to pick their pockets for RI LOL

2023-06-06 19:17

rasee98

going to be 0.01?😱

2023-06-12 10:08

Holy Cow

Tesla coming in Malaysia, any chances Technax collaborate with them? 😁

2023-06-12 11:44

rasee98

EV BMW

2023-06-12 12:23

Vicky

Biofuel is cumming.

2023-06-22 09:18

Vicky

Tripartite agreement

2023-06-22 09:21

ID007

boleh ka?

2023-06-22 10:45

fruitcake

what's the big fuss about that agreement? 💩💩

2023-06-22 17:22

whistlebower99

FOR NEWBIES

DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 26 June 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

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 from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = 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,.........

2 months ago

Rvp918

Apa sudah jadi????

2 months ago

Vicky

Where is the EV previously proposed by Technaxnando !

2 months ago

ID007

Apa sudah jadi????

1 month ago

Vicky

Come to daddy at 0.005 cent. Target acquited !!!

1 month ago

ID007

all management tak leh handle. songlap kuat

1 month ago

Rvp918

RIP

1 month ago

Vicky

Sounds like John Wick. But John Wick never dies !

1 month ago

ID007

wow profit

3 weeks ago

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