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2020-09-30 15:18 | Report Abuse
24-Sep-2020 Insider TAN SRI RAINER ALTHOFF (a company director) disposed 1,500 shares at 8.220 on 08-Sep-2020.
2020-09-30 15:15 | Report Abuse
Nov'QR RM 300-500 million profit?
2020-09-30 15:13 | Report Abuse
ESOS RM 1.6, RM 2 directors make killings every month.
2020-09-30 15:07 | Report Abuse
PP 9.25 sen(last) who sell lower smart?
2020-09-30 15:04 | Report Abuse
Next QR even bigger profit you don't know where got scam?
paultan Is the company in trouble? Share price crashing downwards
Could the strong profit made me a sham
So hard to trust compa9. Why so much sellers all the time.e
?
30/09/2020 2:52 PM
2020-09-30 15:03 | Report Abuse
Attack menort you will lose $?
2020-09-30 15:01 | Report Abuse
Tan Seik Ikk happily to take up your RI why haters never tell?
2020-09-28 04:29 | Report Abuse
PBS join Warisan in Sabah and PH in Federal can Anwar be PM?
2020-09-25 15:10 | Report Abuse
If you from Sabah at least tomorrow you pls don't vote GRS or must wait GE15 like myself.
2020-09-25 15:09 | Report Abuse
If do nothing Xikai 10 sen will remain. $ will not drop from sky.
2020-09-25 15:06 | Report Abuse
Xikai? Why cannot write to SC or IR to complain?
bjgdila123 NTA 0.54 HALAGA SHARE 0.10 INI CO XIKAI
25/09/2020 10:07 AM
25/09/2020 3:01 PM
5354_ Xikai has different meanings to different people. If not good to you why cannot complain to SC or IR(AGM)?
25/09/2020 3:03 PM
2020-09-25 15:04 | Report Abuse
You go my past postings sure got Fintec tel to call.
2020-09-25 14:55 | Report Abuse
Cheapest rubber ctr. Rubber price up why no gain?
2020-09-25 14:44 | Report Abuse
FF must push? They have >100 countries to choose and M'sia 1000 counters.
2020-09-25 14:42 | Report Abuse
EPF/KWAP/Tabung Haji/PNB don't want to buy how to go higher?
2020-09-25 14:39 | Report Abuse
PM must change only can back to 1.5-2 or more?
2020-09-25 14:20 | Report Abuse
Idris Jusoh support Muhyiddin bec Felda chairman high salary, many benefits? How about Felda Settlers loss from IPO?
2020-09-25 12:32 | Report Abuse
Swk Plant cheaper and better QR. SOP I think wait next QR.
2020-09-25 12:29 | Report Abuse
GDP -17% if good is tipu like PN tipu to be govn.
2020-09-25 12:23 | Report Abuse
Anwar PM only way out? Muhyiddin/Mahathir/Najib tried as PM how good for M'sia?
2020-09-25 12:19 | Report Abuse
If Muhyiddin good why still need Anwar or Anwar dare talk to be PM?
2020-09-25 12:16 | Report Abuse
EPF staffs here to promote?
2020-09-25 11:53 | Report Abuse
Fintec join gloves, AT also join Komark got face mask(PPE supermarket) perhaps future mini TG?
2020-09-25 11:52 | Report Abuse
Menara Lien Hoe TG TS Lim Wee Chai never go? Ask him takeover Fintec 1 day how?
2020-09-25 11:49 | Report Abuse
Join gloves future like TG >RM 20 why is bad?
2020-09-25 11:46 | Report Abuse
Matang also not good. CPO high price why 8 sen and low production?
Sales So much cash and still ask for right issue. Shareholders cannot earn cash and yet have to top up for RI. Sad(:
25/09/2020 10:38 AM
2020-09-25 11:24 | Report Abuse
Got Fintec share people the rest none?
azta12 add
25/09/2020 11:03 AM
2020-09-25 11:20 | Report Abuse
AT sold before why announced later not Focus?
2020-09-25 11:19 | Report Abuse
Why so hard to answer or none is true?
Kedahan Which ids here from KL/PJ?
25/09/2020 9:55 AM
2020-09-25 11:16 | Report Abuse
Focus 500K shares if sell everyday 10 days how much $ can raise?
2020-09-25 11:10 | Report Abuse
Focus, Komark Fintec take profit?
2020-09-25 11:06 | Report Abuse
Komark, Focus, Saudee down only can up why ah?
2020-09-23 17:32 | Report Abuse
Privatisation under PN also cheating?
2020-09-23 17:26 | Report Abuse
Zahid: Many Umno and BN MPs backing Anwar
https://www.malaysiakini.com/news/543737
2020-09-23 17:22 | Report Abuse
PM Muhyiddin cannot do anything. Try Anwar as PM.
Mabel 21-Sep-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 1,305,900 shares on 18-Sep-2020.
Here's why aging people cannot HOLD...
Meow
23/09/2020 11:56 AM
2020-09-23 17:22 | Report Abuse
Zahid: Many Umno and BN MPs backing Anwar
https://www.malaysiakini.com/news/543737
2020-09-23 17:20 | Report Abuse
IPO RM 4.55 is easy why RM 1.4 FGV now so hard?
2020-09-23 17:10 | Report Abuse
If good for Opcom/Mukhriz why Tun M cannot support Anwar as PM?
2020-09-23 16:39 | Report Abuse
Ewein is abt politics? PH back in power?
2020-09-23 13:08 | Report Abuse
ESOS RM 1.54 why can allow not RM 8?
2020-09-23 11:08 | Report Abuse
Focus RM 4.9 billion mkt cap 25% Fintec owned already >RM 1.2 billion who sell at 10 sen smart? I add more.
2020-09-23 11:04 | Report Abuse
Focus Dynamics’ single largest shareholder as at June 1 was Asiabio Capital Sdn Bhd, which had a 25.05% stake. Asiabio is controlled by business incubator and strategy advisory Fintec Global Bhd.
2020-09-23 10:19 | Report Abuse
Who are Focus Dynamics’ shareholders?
Just as it is hard to explain its price surge, it is equally hard to know the people who control Focus Dynamics as they are hidden behind corporate entities.
Among its largest shareholders is Credit Suisse Group AG, which had 9.95% equity interest as at Aug 18, according to exchange filings. Who Credit Suisse is holding these shares for is unknown. Meanwhile, in its annual report, the list of 30 largest shareholders has very few individual names and comprises mostly merchant banks holding for clients.
Focus Dynamics’ single largest shareholder as at June 1 was Asiabio Capital Sdn Bhd, which had a 25.05% stake. Asiabio is controlled by business incubator and strategy advisory Fintec Global Bhd.
According to Fintec Global’s annual report, its only ultimate substantial shareholder as at June 24, 2019, was Adamas Finance Asia Ltd, holding 5.21%. Meanwhile, on its list of top 30 shareholders, UOB Nominees is named as holding 6.15% for Sanston Financial Group Ltd.
Perhaps this is one case where unmasking may be necessary.
2020-09-23 10:17 | Report Abuse
Cover Story: The unfathomable rise of F&B operator Focus Dynamics to become a RM4 billion stock
AMONG the stellar performers on Bursa Malaysia this year is Focus Dynamics Group Bhd. Year to date, its stock has gained more than 350%, closing at RM2.28 last Friday, translating into a whopping market capitalisation of RM4.66 billion.
This market value is quite an achievement considering that, in the decade from 2009, it has only managed to register net profits in one financial year — in FY2017, when it chalked up RM3.48 million in net profits from RM31.65 million in revenue.
In the first quarter ended March 31 (1QFY2020), the company, whose main business is running food & beverage (F&B) outlets, registered a 21.2% year-on-year increase in net profits to RM748,000 while revenue slipped 6.7% to RM9.30 million. It had cash and bank balances of RM3.7 million and deposits with licensed banks amounting to RM1.95 million. It had little in terms of borrowings, with its interest expense at a mere RM218,819 for the three-month period.
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Since the company’s flotation exercise on the Mesdaq market of Bursa Malaysia on Feb 10, 2006, Focus Dynamics has yet to pay out any dividends. This is despite its saying at end-November 2017 that it had adopted a policy “to pay an annual dividend of up to 20% of its consolidated profits after tax attributable to owners of the company in respect of any financial year, provided that such distribution will not be detrimental to the company’s cash flow requirements”.
It also added, “The company reserves the discretion to pay [a] higher rate of dividend as it deems appropriate”.
From the date of the flotation exercise to end-April last year, Focus Dynamics’ share price averaged 8.3 sen.
As at end March, its net asset value per share was only around two sen, with its main asset being an entertainment outlet in Menara Lien Hoe in Petaling Jaya.
In early July, when questioned by Bursa Malaysia on the meteoric rise of its share price via an unusual market activity query, Focus Dynamics said, “The group has been continuously on the lookout for opportunities to expand its core business in the F&B segment via mergers and acquisitions to enhance the group’s earnings and improve its financial performance.
“In recent weeks, the group has been in discussions for several opportunities to potentially acquire strategic stakes in F&B companies. In addition, the group is currently in an exploratory stage for a potential merger/acquisition exercise with another company that has a sizeable assets base.
“Notwithstanding the above, the group wishes to highlight that no decision has been made yet with regard to any potential proposal at this juncture as all discussions are still at a preliminary/exploratory stage. The group will make the relevant announcements in accordance with the Listing Requirements in the event of any material development pertaining to the above.”
What is going on?
“Irrational exuberance,” says a seasoned market player on Focus Dynamics’ rise. Another says hidden hands or syndicates — groups that push specific counters up or down — are at work.
Checks with market sources indicate that there are about 20 companies whose share prices appear to have been pushed up by the same group of people. When asked to name some of these counters, one source says, “Just look at the most actively traded on a daily basis … it’s all the same group.”
Nevertheless, there has been a number of developments at Focus Dynamics. For example, it announced a cash call in January 2018, but that has yet to take place with many postponements and several revisions and changes.
In its latest announcement on Aug 18, Focus Dynamics proposed a one-to-three share split, a renounceable rights issue of up to 2.04 billion new irredeemable convertible preference shares (ICPS) with up to 3.07 billion free detachable warrants on the basis of three warrants for every two ICPS subscribed. The proposal is a revision of the previous proposed exercise announced on Jan 9, 2018, it added.
The ICPS have a 10-year tenure and are convertible to new Focus Dynamics shares at a conversion rate of 10-to-one. Both the rights issue and conversion prices will be determined later, although the company has placed an indicative rights issue price of five sen per ICPS.
The free warrants, meanwhile, come with a tenure of five years with the exercise price also to be determined later.
https://www.theedgemarkets.com/article/cover-story-unfathomable-rise-fb-operator-focus-dynamics-become-rm4-billion-stock
2020-09-23 10:02 | Report Abuse
Sanston Financial group agree Tan Sik Eek new boss?
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2020-09-30 15:20 | Report Abuse
Answer me with proof.
Posted by Morpheus61 > Sep 30, 2020 3:15 PM | Report Abuse
5354_, whatever that name means, the Directors OWN & RUN the copany SUCCESSFULLY.
Unlike your IB bosses. Own nothing but BET on everything with someone else's money