KKLing: BLee Could you kindly share why you prefer Focus-PA instead of mother share. TQ
11/09/2021 3:45 PM

BLee: Hi @KKLing, the answer is in one of my write-up, link: https://klse.i3investor.com/blogs/BLee_AGES/2021-07-16-story-h1568014371-ICPS_My_investment_stretagy.jsp

In summaries:
1) Low investment, lower risk. At issuance cost 5.5 sen, we are paying at present around 1 sen. The risk of people subscribing at 5.5 sen to sell at 1 sen is much lower.

2) Will mature (auto-convert) and NOT expire like warrants investment. I can't stand losing it all. Just like buying insurance, I will prefer buying an endowment policy which upon maturity will give me back something in return.

3) 2 methods of conversion. The example given shows how the mother shares dropped to a certain level which triggered the change of methods of conversion. Holding mother shares will not have this advantage.

4) Anti-dilution. We cannot dilute the subscription cash if it is not converted. Any PP, ESOS, RI, etc will not dilute the ICPS as shown in the adjustment formula in my write-up.

I can only think of these few reasons. Maybe some experts can comment and add more.

If the ICPS and mother shares are almost at the same price, it is another story. Example: Fintec and Fintec-PA, both selling at a low of around 2 sen, I will go for the mother share.

Happy trading.

@investor2021trading, yeah. I think you have not read my almost daily coverage of Foreign Funds and the last 10 trading days collection of Focus D update..self promotion?? link: https://klse.i3investor.com/blogs/BLee_AGES/2021-09-05-story-h1570726405-Focus_Dynamic_last_7_days_collection.jsp

Happy trading

@investor2021trading, I am at the same page with you; positive QRs and also cash rich...Focus D. Happy trading

@Shootup, good. You defend your 'Goal post' at NETX and I defend mine at Focus D. I have nothing against @whistlebower and @Gtrade, they can write whatever they want. I will give them the benefit of doubt without solid prove..Happy trading

Interesting read at: https://www.theedgemarkets.com/article/fintec-global-and-associates-buy-stakes-other-listed-companies
All the funds raising and ballooning of shares explained??
Happy trading

Interesting read at: https://www.theedgemarkets.com/article/fintec-global-and-associates-buy-stakes-other-listed-companies
All the funds raising and ballooning of shares explained??
Happy trading

@Elitetrader, good comments. No matters how tiny, hope against hope after jump into calculated investment. My motto is never buy at 'Everest' and never sell at 'Deep blue ocean'. Happy trading

My investment in Fintec and Focus-PA getting 'paper gain' now, many thanks to some i3 forumer in highlighting the 'risk' to newbie..selling at 'low' price to me. Happy trading and TradeAtYourOwnRisk.

@Gtrade, the pumping needs to reach 60 sen and split 1/3 to requirement of at least 20 sen in order NOT to reject again. I will be happy if it happen for price to reach 60 sen.

Happy trading

@Gtrade, Ah Moi dah lepas. Berita lama..dah di tolak.

Please view announcement at: https://www.klsescreener.com/v2/announcements/view/3404681
"We refer to the earlier announcement in relation to the Proposed Share Split dated 4 January 2021.

On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities had, vide its letter dated 5 August 2021, rejected the Proposed Share Split, in view that the price of Focus Shares as at 29 July 2021 is RM0.045 and the Proposed Share Split, if approved and implemented, would result in an adjusted price of RM0.015 post Proposed Share Split.



This announcement is dated 5 August 2021.

Happy trading

@JoyReyzal: ada potensi tak saham company nie....

10/09/2021 8:10 AM

BLee: Salam @JoyReyzal, BM saya dah karat, kalau ada apa kesalahan, minta maaf.

Potensi nya dah naik dari masa pemegang majoriti mula kumpul dari 23 Aug. 2021 hingga 6 Sept. 2021, dah naik lebih kurang 50%. Kalau berbanding dengan harga sebelum jatuh, iaitu lebih kurang 60 sen dengan harga sekarang 6 sen; baru 10%. Apa potensi naik lagi 50% atau lebih??
Dulu tu jatuh bukan rugi atau tiada duit dalam akaun. Jatuh dulu tu pasal pemegang saham luar negara keluar dari pasaran..

Perniagaan Focus D utamanya makanan, kePerluan kita seharian. Bisnes nya kebanyakan guna atas talian semasa MCO. KeUntungan dah 6Q turut-turut. Kewangan tunai nya kebanyakan dari tukaran dari ICPS pada bila masa kejatuhan dulu; tukaran pakai 1 ICPS tambah tunai 49.5 sen. Semua data ini dari laporan tahunan terkini, boleh di baca di laman web: Annual Report & CG Report - 2020 | https://www.klsescreener.com/v2/announcements/view/3369745
dan laporan tulisan saya dekat:
 https://klse.i3investor.com/blogs/BLee_AGES/2021-09-05-story-h1570726405-Focus_Dynamic_last_7_days_collection.jsp
(tulisan saya untuk guna otak supaya tak berkarat sambil cari sedikit keuntungan..haha)

Gembira dagangan (Happy trading) dan TradeAtYourOwnRisk.

Strong mother carrying daughter to higher level. Long time no paper 'gain'..all my 'hard work' of periodic updating Focus D changes in shareholdings and daily trading at Focus D forum seems paying off?? TAYOR
Happy trading

@dragonz98, good posting. As I mention somewhere, Focus D is 'cash rich'; your posting confirmed cash position of RM126.08M and Debt to cash of 'Zero' whatever it means...cash is 'king'. Happy trading

@Goodprofit: fake volume to release private replacement at 1.99 sen

08/09/2021 10:30 AM

BLee: Most probably. PP tranche of 100M/100 equal 1M lots. Today after 3 hours trade almost 3M lots at 2.5 sen..so non-issue??

Happy trading

@Sales, @RJ87, I like that too..if it happen. Happy trading.

@Sales: BLee, our cost is RM0.10sen, when we bought that time their profit is 720 million. We all kena gaw gaw.

07/09/2021 3:18 PM

BLee: Hi Sales, Someone started the acronym T.A.Y.O.R, I can only advised to escape at the purchased high price is to do cost averaging if you have the extra cash and think at 2.5sen is a good bargain.

As in the replied by Fintec to one of the media article, (link attached:
 https://www.klsescreener.com/v2/announcements/view/3347657 )
"The Company’s principal activity is in investment of both quoted and unquoted securities" explained the risk depend on market condition. The high profit could be because of 'bull market'. During 'bear market', it will be in the red. So IMHO, it is best to cost averaging during 'bear market'.

Happy trading.

Hi @whistlebower99, Fintec at 2.5sen investing in 'cash rich' (from ICPS conversion) Focus D, the risk at Fintec or Focus D? Both now at beat down price, it could be just a bargain as seen from the 'gain' of around 50% since Fintec collection more than a week ago. (4sen at 23 Aug. 2021 to this morning highest 6sen)

Happy trading.

@dragonz98, good work on the Ownership Breakdown data. Due to the last 7 days collection by Fintec Global, the Public Companies Ownership has increased to 29.724%, 1,894,098,476 shares.

Foreign funds continued as net buyer? Last Friday (3 Sept., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    46.26          1,247               1,420            -173
Retail               35.51         1,035               1,011                24
Foreign            18.23           600                   451             149
Total               100.0          2,882               2,882                  0

Table No.1: The 3 categories of investors participation details.


Good days patiently waiting for Focus D? Half-day morning down half sen at 5sen. (Due to last Friday 5.5sen push up at closing, today same pattern??)

Change of holdings:
 1) Date: 23 Aug. 2021,  2,759,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

 2) Date: 24 Aug. 2021,  52,000,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

3) Date: 25 Aug. 2021,  93,500,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

4) Date: 26 Aug. 2021,  12,500,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

5) Date: 27 Aug. 2021,  30,000,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

6) Date: 30 Aug. 2021,  10,000,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

7) Date: 1 Sept. 2021,  24,142,400 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

Fintec Global Limited holding of Focus D as at 1st Sept. 2021:-
Indirect/deemed interest (%): 29.724
Total no of securities after change: 1,894,098,476

Total: 224,901,400 Shares collected within 7 days, more collection later?? Major collection, most probably patiently at 5 sen only!! Once it exceed 33%, chances of a general offer for all shareholders??
Total collected/Total traded over last 7 days:
 224,901,400/439,430,900 = 51.2%
- increase in gain: (5-4)/4 = 25%
Source of data: klse screener and various website.

Details of write-up at:
 https://klse.i3investor.com/blogs/BLee_AGES/2021-09-05-story-h1570726405-Focus_Dynamic_last_7_days_collection.jsp
I will periodically update the details at my write-up rather at this forum to avoid any unwelcome feelings.


Caution: I am only highlighting the positive side, please perform your own due diligence on the negative side.

Happy Trading.

Please check this out:
https://www.malaymail.com/news/singapore/2021/09/05/singapore-health-ministry-invites-offers-sinovac-alternative-to-7100-people/2003203
Sinovac stand in where Pfizer and Moderna can't be offer as 2nd dose..I am proud to be fully vaccinated with Sinovac.

Foreign funds continued barely as net buyer? Yesterday (2 Sept., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    44.3         1,180.5               1,272.2           -91.7
Retail               34.4           994.1                   909.2            84.9
Foreign            21.3           593.5                   586.7              6.8
Total              100.0        2,768.1                2,768.1               0.0

Good days patiently waiting for Focus D? Half morning down half sen at 5sen. (Due to yesterday 5.5sen push up at closing, today same pattern??)

Change of holdings:
 1) Date: 23 Aug 2021, 2,759,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

 2) Date: 24 Aug 2021, 52,000,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

3) Date: 25 Aug 2021, 93,500,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

4) Date: 26 Aug 2021, 12,500,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

5) Date: 27 Aug 2021, 30,000,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

Total: 190,759,000 Shares collected within 5 days, more collection later?? Major collection, most probably patiently at 5 sen only!!

Happy Trading.

@solomolo, at least Fintec Global holding the fort at 5 sen...

@Gtrade, for Focus D is the other way. Focus D market price before 1 split to 3 around RM2.60; after split around 90sen. The further split was rejected due to foreign exit caused price down to 5sen now. Any after split price must be above 20sen. Your suggested scenario did NOT happen to Focus D; no 'gang-rape' at the moment..No PP/ESOS/...only ICPS at 5.5sen now selling around 1sen bargain price. The money still very much intact due to MCO construction stoppage.
Happy trading

@whistlebower99, Tq for the good intention of highlighting. Yes on trade wisely, but around 2 to 2.5sen NOT consider high price comparing of all this Fat babies averaging 6.8sen subscription price.

Happy trading

Foreign funds continued as net buyer amid reduced from yesterday. Yesterday (1 Sept., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions     44.5           1,446.8               1,568.1           -121.4
Retail                31.0           1,052.6               1,047.9                 4.7
Foreign             24.6              891.5                  774.8             116.7
Total               100.0           3,390.8                3,390.8                0.0

Good days are coming for Focus D? Half morning strong buy at 5sen. A good tussle between 5 and 5.5sen near noon closing.

Happy Trading.

@MZM2511, just take the bull by the horns, give them the benefit of doubt on the wrong info. I have highlighted one of the wrong info by @Gtrade in Focus D forum, just to give them a friendly correction.

I see the issuing of shares at 5 sen when market trading at 3 sen seems advantageous to the company and shareholders. Usually all these new shares come with a moratorium not being able to sell for a certain period. Of course, there are many instances of 'jack-up prices' in exchange for cash and shares. As a minority investor, our avenue to show our disapproval for all this PP/ESOS/etc will be at this i3 forum.


Happy trading

@AyamGoreng: PP 1.99 sen punya lori sudah sampai!
Besok tuang kasih dia 2 sen…. Kikikiki
01/09/2021 6:58 PM

BLee: Hi @AyamGoreng, hari ini lori sangkut pasal permit kena tunggu 6 bulan baru bolih tuang 55%.
("3.19 Moratorium on promoter’s shares
(1) A moratorium will be imposed on the Sale, transfer or assignment of shares held by promoters of an applicant as follows:
(a) The moratorium applies to the entire shareholdings of the promoters of an applicant for a period of 6 months from the date of admission to the Exchange.
(b) Upon the expiry of the 6-month period stated above, the listed corporation must ensure that the promoters’ aggregate shareholdings amounting to at least 45% of the nominal issued and paid-up ordinary share capital of the listed corporation remain under moratorium, for another period of 6 months"... banyak condition lagi) Itu condition ambil dari Bursa website, tak tau ada laku untuk kes ni!!

Yang dulu dah banyak terbit, bolih lah tuang lepas 6 bulan. Tapi purata harga nya tinggi, tak berbaloi.

Happy trading

@Gtrade: BLEE, FOCUS issued share is 6.7b now @4.5c. Got profit please take money

BLee: Noted.

@Gtrade: I think 51% chance will print another few billions shares to rape the price to 2c. followed by 50 to 1 to make issued share drop to below 1b.

BLee: I only invest in Focus-PA which is anti-dilution ('anti-rape'). Any 'rape' will be compensated. Please see link of example of compensated 'rape':
 https://klse.i3investor.com/blogs/BLee_AGES/2021-07-16-story-h1568014371-ICPS_My_investment_stretagy.jsp

@Gtrade: After 50 to 1, theoretical ex-price may be say 100c, but on the opening day, it may straight away plunge to 70c and drop all the the way to 7c after continuous gang rape again...PP/ESOS/RI .

BLee: So far no PP/ESOS this year, which is unfair for any counter shareholders as not offered. RI is NOT consider 'rape' as offered to join in the 'rape'.

@Gtrade: so if you holding now at 5c,50lots and go through the gang-rape, 5cx50lots=2.50 . This is your cost per lot. but the 50 to 1 happen maybe 3 months from now at 2c possibly ..so ex-price is 100c

BLee: The 'legal rape' will expire by end 2021. (special arrangement due to pandemic) Most likely run out of time for Focus D.

@Gtrade: It wont reach your 2.50 cost
As stated earlier ,after ex,trading will start at suppressed price of 70c...dropping all the way to 7c ,maybe. so your original cost of 2.50 now only worth 7c. ...97% wipe out !!!!!!!

That is why you should get out of FOCUS at 5c ,if you can.

This is not an imagination.It has happen to a few Fintec group of companies

01/09/2021 10:49 PM

BLee: Please refer my link below how this 'Pump n Dump' happen and when the best time to invest.
 https://klse.i3investor.com/blogs/BLee_AGES/2021-08-21-story-h1569861506-Focus_PA_Is_it_a_con_stock.jsp

Happy trading

@Gtrade: On July 9th,Mak Siew Wei announced to Bursa he holding 413,645,666 shares in AT
On Aug 5th,he announced holding ZERO shares, No selling of AT shares done in between thse 2 dates. Where has the 413m shares gone to? Did Mak Siew Wei give a misleading statement to induce public to buy AT shares during RI/PP/ESOS related activity?

01/09/2021 10:21 AM

BLee: Hi @Gtrade, I consider you and all i3 members as friend, you are welcome to post here!! I am not defending anybody as I am not paid to do so. I am just defending my investment in Focus-PA. Below is my observation related to your post:-

Date of  change: 04/08/2021
No of securities : 0 (that mean 0 changes, not held)
Circumstances by reason of which change has occurred: Unexercised options pursuant to Employees Share Option Scheme (ESOS) lapsed on 4 August 2021

Remarks :
1. No change in the number of securities held by the Mr. Mak Siew Wei.
2. The balance of ESOS option is Nil.

The above announcement clearly indicate 'No change' except lapse of ESOS..

Happy trading

Foreign funds continued as net buyer (RM513.6M, considered on the high side?). Last Monday (30 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions     39.1           1,190.2               1,675.8           -485.7
Retail                26.1             942.1                   970.1             -28.0
Foreign             34.8          1,532.8               1,019.2             513.6
Total               100.0          3,665.2                3,665.2                0.0

Good days turn a bit bearish for Focus D? Half morning down half sen at 4.5sen. Market taking a breather??

Happy Trading.

Foreign funds continued as net buyer? Last Friday (27 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    46.6         1,260.3               1,500.1           -239.8
Retail               31.5           925.0                   941.8             -16.9
Foreign            21.8          774.9                   518.2             256.7
Total              100.0       2,960.2                2,960.2                  0.0

Good days coming for Focus D? Half morning no change at 5sen.

Change of holdings:
 1) Date: 23 Aug 2021, 2,759,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

 2) Date: 24 Aug 2021, 52,000,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

3) Date: 25 Aug 2021, 93,500,000 shares Acquired, Indirect Interest, Name of registered holder: Fintec Global Limited

Total:  148,259,000 Shares collected within 3 days, more collection later??

Happy Trading.

@stockraider: Konman stock, just avoid loh!

29/08/2021 1:04 PM

BLee: Hi @stockraider (insas comrade), a good day to you. I won't mind 'burn' few k 'profit' of Insas recent flips into Fintec as this few k will get me few hundreds thousand shares. It is a calculated 'gamble'; con or non-con stock..
Happy trading

@JK22: Probably this could be same trick use for all those ESOS penny stock. Before the ESOS, sell first my million holding . Then buy back cheaper. Then sell again , then buy back... Gaining while price keep dropping. As long as ESOS price also keep drop.
28/08/2021 12:55 AM

BLee: Good observation; used to be a moratorium for ESOS not being able to sell for a certain period. The followings are details extracted from below pdf:-
https://www.klsescreener.com/v2/announcements/view/3407375

1) Fintec issued ESOS for 21 times. Issued 1,531,452,600 shares valued at RM80,168,603; highest 9.25sen and lowest at 2.5sen; average 5.2sen per share.
2) 4 May 2020 - issuance of 82,110,000 new Shares at an issue price of RM0.0361 per Share valued at RM2,964,171.
3) 15 July 2020 - issuance of 100,000,000 and 182,144,000 new Shares at the issue price of RM0.0535 and RM0.0711 respectively. Total value of RM18,300,438.40; average 6sen per share.
4) 28 Dec. 2020 - issuance of 1,432,718,739 new Shares at an issue price of RM0.08 per Share valued at RM 114,617,499.12.
5) Feb. 2021 - Exercise of 48,000 Warrants C at the exercise price of RM0.08 valued at RM3,840
6) Apr. 2020 to LPD - issuance of 112,805,034 and 20,084,396 new Shares at the ICPS conversion price of RM0.16 and RM0.11 respectively. Total value of RM 20,258,089; average 15.2sen per share.
Grand total:  3,461,362,769 shares valued at RM236,312,640.02; average 6.8sen per share.

With the above data, is it at present around 2sen considered high price or good bargains??..I have become a 'cheapskate' investor to dive in around 2sen.

Please do own due diligence and Happy trading

@BILLC, Fintec did PP and ESOS (21 times) issuing price at 'not more than a 10% discount to the weighted average market price of the shares for the five market days immediately before the price-fixing date', depressing the trading price?? If you read below report, you might find the answer:

Source: https://www.klsescreener.com/v2/announcements/view/3407375

Can't compare Focus D with Fintec??

Happy trading

@whistlebower99: ..don't be trapped at high price for years

BLee: Focus D at around 5sen and Focus-PA at around 1sen; is it consider high price or bargain?? Last 6 quarters with profit and good fundamental...please do own due diligence.

Happy trading

@investor2021trading, agreed with both your statement. Just be a little patient (not the one in hosp!! haha).

I will try post market participation status although 'good' or 'bad' as I opined consolidation phase for Focus passed ...

Foreign funds continued as net buyer? Yesterday (26 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    42.9         1,252.0                 1,542.4           -290.4
Retail              31.1          1,000.7                 1,021.1             -20.4
Foreign           26.0          1,001.3                    690.5            310.8
Total              100.0         3,254.0                 3,254.0                 0.0

Good days delay coming for Focus D? Half morning down 10% (no last minute push up).

Happy Trading.

@investor2021trading, @KLLee_0110

agreed with u it's pointless writing if d share price don't go up! i see ur anger n frustration in Focus n Saudee!
27/08/2021 10:37 AM

BLee: My opinion is if we own the shares (I own Focus-PA only at slightly above 1 sen), as in team competition Liverpool vs MU/MC, be a good cheerleader supporting our selected team (share counter)..
Happy trading.

Foreign funds continued as net buyer? Yesterday (25 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    43.9        1,176.9                  1,365.9           -189.1
Retail              34.5           974.1                   1,021.6             -47.4
Foreign          21.6           743.4                      506.9            236.5
Total            100.0        2,894.4                   2,894.4                 0.0

Good days are coming for Focus D? Yesterday half morning up 22.2%. Today half morning up 10% from yesterday 5 sen closing (last 1 lot push up at 5.5 sen!!) .

@investor2021trading, always good to take profit. No need worry if price go higher, a bird in hand worth many in the bushes.

Happy Trading.

swimwithsharkss @BLee Good morning, yes your calculation is absolutely correct.
26/08/2021 9:16 AM

Good Morning @swimwithsharkss, a bit bz this morning, now only free to look at share market...
Good write up on construction forecast. Ageson will be bz for the next 15 years in Perak town ship development. Contract signed and 100k payed for the development commitment. If cannot export sand now, this development still required lot of sand; so might not be a problem..

Happy trading.

@scrown: Correct me if I am wrong. ICPS conversion is surrender one ICPS. +0.12 to get mother shares. However, ICLS conversion is surrender one ICLS (cost $0.025) +$0.10 to get mother share and not minus out your original cost of $0.025 or four lots of ICLS to one mother share. Is it true?

25/08/2021 12:18 PM

BLee: Before ICULS revision, both ICPS and ICULS subscription price at 1 sen each. The difference only on the conversion ratio of 13:1 and 10:1 respectively. With the proposed revision, ICULS subscription price changed to 2.5 sen (higher upfront value) and ratio of 4:1. Therefore, one of the method is to surrender 1 ICULS plus 7.5 sen (equivalent 3 x 2.5 sen) to make up the surrender value of 10 sen.

Reference: PDF link at https://www.klsescreener.com/v2/announcements/view/3407373 Page 4 of 68

(ii) A combination of such number of ICULS and cash with an aggregate value equal to the ICULS Conversion Price, subject to a minimum of 1 ICULS, and paying the difference between the aggregate value of the ICULS surrendered and the ICULS Conversion Price in cash for 1 new Share.

Assuming the ICULS are fully converted into new Ageson Shares at the ICULS Conversion Price by surrendering 4 ICULS to be converted into 1 new Ageson Share.

The conversion price of ICULS of RM0.10 each, which shall be
constituted in the Trust Deed and subject to change from time to time pursuant to the provisions of the Trust Deed.

The issue price of ICULS of RM0.025 each.

Happy trading

Foreign funds start as net buyer? Yesterday (24 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions   47.7        1,448.8                  1,554.0           -105.2
Retail              31.9         982.4                   1,030.8             -48.4
Foreign           20.4         720.0                      566.4            153.6
Total              100.0        3,151.2                3,151.2                 0.0

Good days are coming for Focus D? Half morning up 22.2% (last 2 lots push up at 5.5 sen!!). Happy Trading.

@swimwithsharkss: @oskchoon Interesting. Everyone is discrediting the ICPS fund raising but I think there must be a reason for all kinds of fund raising vehicle. Would you prefer a slow dilution or paying 7% to 8% effective interest rate to the bank that diminishes your profit margin?
25/08/2021 9:47 AM

BLee: I am NOT discrediting ICPS as I am paying a lower value investing in a growth stock. The only problem is ICULS proposed issuance is too close a gap and at a lower value w.r.t. ICPS; hopefully ICPS conversion price will be adjusted to equal value as ICULS conversion price...

Happy trading

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2021:- (Unaudited)
Profit for the financial period: RM8,050,000
Total Non Current Assets: RM257,637,000
Total Current Assets: RM157,182,000
Total Current Liabilities: RM38,497,000
NET CURRENT ASSETS: RM118,685,000
TOTAL EQUITY: RM328,117,000
Total Non Current Liabilities: RM48,205,000
NET ASSETS PER SHARE (RM): 0.26

Another 'Good' quarter despite MCO/FMCO? Happy Trading

@whistlebower99: FOR NEWBIES

https://www.klsescreener.com/v2/stocks/view/0116/focus-dynamics-group-berhad

At the moment, still cash rich = RM157 million as at 31/3/21
Debts only RM6.6 million

BLee: TQ, @whistlebower99 for highlighting the 'good' financial status. I have written 2 articles on Focus D, link attached in case you are interested.

 https://klse.i3investor.com/blogs/BLee_AGES/2021-07-03-story-h1567802175-Focus_PA_Where_is_the_money.jsp

 https://klse.i3investor.com/blogs/BLee_AGES/2021-08-21-story-h1569861506-Focus_PA_Is_it_a_con_stock.jsp

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@whistlebower99:
Total issued share = 6,372,205,736
Total warrant = 3,066,399,051
Total ICPS (PA) = 903,363,292

If all warrants and PA are converted to mother share on a minimum scenario,

Total issued share = 6,372,205,736 + 3,066,399,051 + (903,363,292 / 10) = 9,528,941,116

The total issued shares will be larger than that of TOPGLOVE (8,206,694,034) !!!

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When the cash is almost used up, there is always a possibility of going for shares consolidation and followed by fund raising again via rights issue with free warrant.

Retailer shareholders will end up with most losses.

BLee: If warrants and Focus-PA converted, how much $ brought into cash flow?
Answer: Total warrant Focus-WD= 3,066,399,051 x 0.8 = RM 2,453,119,240.8
                Total ICPS (PA) = 903,363,292 x 0.55/10 = RM 49,684,981.06 (min.)
          Total = RM 2,502,804,221.86

That is RM2.5B, Focus D will be cash rich then. It will NOT likely happen as conversion of RM0.8 and RM0.55 respectively ONLY tenable if Focus D market price moved back to the good old times!!

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@whistlebower: Trade wisely, set realistic target

BLee: Good advise.

24/08/2021 10:47 AM

@ Investsmart4: PA maturity date when ar?

17/08/2021 3:05 PM

Please refer Focus-PA Profile for Securities of PLC at https://www.klsescreener.com/v2/announcements/view/3272031 for all the important details.

Maturity Date : 26 Nov 2030

Good afternoon @swimwithsharkss, yes; it might be few parties in collabration as the conversion more than RM100M involved.
@fable, good to share and make friend in i3. It might not change in majority shareholders; can be new majority shareholders emerging when more new shares issued. Something brewing? (definitely not coffee). Happy trading

Actually I am quite negative on ICULS before the revision; now knowing Ages-PA conversion ratio/price will be adjusted upon ICULS issuance, I am now neutral. I believed the interest is bcos of this latest development of ICULS, PA conversion at negative investment and big chunk of Ages-PA changing hands; Ages mother shares and PA collection on-going??..Happy trading

If this 796,527,883 mother shares belong to a single owner, a new majority owner will be declare soon?? Happy Trading

Good Morning @scrown,@fable, @swimwithsharkss and @sting79

A very good discussion on what would happen to Ages-PA conversion and would like to contribute my version.

A total of 4.61 Billion of Ages-PA issued including 'free' 0.75 Billion issued to Daya Intelek Usahasama Sdn Bhd as shown below.

 ii. Issuance of 750,000,000 ICPS to Daya Intelek Usahasama Sdn Bhd for the acquisition by Prinsiptek Properties Sdn Bhd, a wholly-owned subsidiary company of Ageson, of a parcel of development land measuring 7,395 square metres identified as Lot No. PT 129 held under Title No. H.S.(D) 18991, Section 1, Town of Batu Ferringi, District of Timor Laut, Pulau Pinang for a purchase consideration of RM57.00 million to be satisfied via combination of RM49.50 million in cash and RM7.50 million in issuance and allotment of 750,000,000 ICPS at an issue price of RM0.01 per ICPS

If I am 'Daya Intelek Usahasama Sdn Bhd', I would maximise my zero cost Ages-PA and the 49.50 million cash into Ages mother shares for more ICULS entitlement. In one of my articles published in i3 and my latest compilation, I have total up the converted shares  and the figures do telly as shown below:-
Total ICPS Converted (min.) as at 11/08/2021:  796,527,883 almost same as the 'free' issuance.
Total ICPS Converted (max.) as at 11/08/2021: 796,527,883 x 13 = 10,354,862,479 which exceed the total 4.61 Billion issued; not likely.

It is everybody guess, will wait for what happen next. Happy Trading

Article revised as per latest proposal. Happy Trading

Go Jon: @BLee: since the exercise has not worked out to plan, perhaps they may have to push current mother price @0.04 to between 0.05 to 0.08. It is a bit harder to do, because of the need for bigger financial resources.

BLee: No comments..Only interested in ICPS which is worth 5.5 sen selling at 1 sen and maturing in 2030. This 5.5 sen cannot be split, consolidated or diluted unless converted...

Go Jon: Last month they had difficulties to push beyond 0.05. See what they had done to the share prices of Saudee and LKL lately, I believe they will soon come out with new proposals to raid the market.

BLee: Generally market at consolidation stage, have to wait for vaccination to reach 80% and politic stabilize..

Go Jon: Have a nice weekend and happy trading next week

BLee: Same to you. Time for my slumber. TGIF

06/08/2021 8:49 PM

Go Jon:  Had the proposal been allowed, the no. of company shares will balloon to 19 billions shares, and the price of FOCUS mother share will be around ±0.015 per share.

BLee: At around Jan. 2021, Focus D trading in the range of 60 to 70 sen, after split will be around 23 sen. Due to foreign selling starting Apr. 2021, the shares split no more doable??

Go Jon: I just wondered what is in the mind of the BOD?.

BLee: I can't answer this question.

Go Jon: Who should benefit the most if the exercise was approved?

BLee: It is a share split, all shareholders shares will increase 3 times. All benefit?? Maybe holders of ICPS will benefit if conversion price/ratio adjusted accordingly.
( Extracted from shares split doc: Proposed Share Split will decrease the reference price of the Shares, Warrants D and ICPS but it will not have any impact on the total market value of these securities held by the Shareholders, Warrants D holders and ICPS holders respectively.)

Go Jon: Based on the amount of shares held, Fintec and subsidiaries stood out. If they can quickly push out the shares between 0.02 to 0.03 they can make tons of money.

BLee: I think not relevant as everyone will get equal amount..no one get more than the 3 times. Since now below RM0.20, technically rejected??
(Extracted from the shares split doc: The Proposed Share Split is in compliance with Rule 6.31(1A) of the ACE Market Listing Requirements of Bursa Securities, as the adjusted price of a Share is not less than RM0.20 based on the daily volume-weighted average share price (“VWAP”) of the Shares during the 3-month period before 4 January 2021, being the date of the submission of the application to Bursa Securities in relation to the Proposed Share Split.)

06/08/2021 8:29 PM