Musang King

Beststock | Joined since 2015-07-21

Investing Experience Intermediate
Risk Profile Moderate

Tunggu Durian Jatuh

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2022-01-21 17:47 | Report Abuse

Congratulations to YM Tengku Ahmad Badli Shah for being appointed as the Agro Bank president recently and that's the reason why he has to let go his directorship in our Fintec Group lately. He may help FINTEC later on when his position as President of the Agrobank stabilizes later. My Heartiest Congratulations to YM Tengku Ahmad Badli Shah and wishing him well and every success in his new endeavour and a prestigious position. Bravo to him and to all us.

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2022-01-21 17:35 | Report Abuse

From my investigation, Fintec vide AsiaBio acquired 421.600 millions AT Glove shares on 18 May 2020 vide a Right Issue of 4.0 sen.according to the 2020 AT Annual Report.

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2022-01-21 17:25 | Report Abuse

Fintec acquired AT Glove at 4 sen in May 2020 but sold recently between 3-4 sen.. Lost 1 sen OK mah. But must help to buy back or spring up own Fintec shares now at 1.5 sen. Current situation strategy OK to me coz market now is so down while Fintec is now at its lowest. There are currently bidders for more than 550 millions shares daily at 1 sen and Fintec buying back its shares for 1.5 sen is reasonable as its NTA is now at 0.087 sen a share as reported at the MalaysiaStock.Biz site.

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2022-01-21 16:45 | Report Abuse

YES. Sell all AT shareholdings at 3.5 sen and buy back own Fintec shares at 1.5 sen - A GOOD MOVE. At least you are helping your own Fintec shares. I agree. If buy other than Fintec, I do not agree. Hope Fintec directors are doing the correct move.

News & Blogs

2022-01-21 14:52 | Report Abuse

Not so true as you think Sifu Yew Yin. Leon Fuat might give you a surprise back kick by declaring hidden bad debts which every Steel Suppliers have that they never declared all these while.

News & Blogs

2022-01-19 18:08 | Report Abuse

Its normal lah. You help me. I help you.

News & Blogs

2022-01-19 16:48 | Report Abuse

LGE at last is worthy of his position as an Opposition. But DSAI still diam diam. No sound from him as a Leader.

News & Blogs

2022-01-19 15:48 | Report Abuse

Yes, such convenient access may mislead the public to trade "on impulse".

News & Blogs

2022-01-19 15:47 | Report Abuse

Bravo. Singapore Government is on the Right Move.

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2022-01-19 15:44 | Report Abuse

FINTEC is now the CHEAPEST STOCK in the world. 1 sen per share. Just sell 1 lot any DOW share, you can buy ten of millions of Fintec Shares in Malaysia. So what are US investors waiting for? Golden Opportunity abound in Malaysia. Cheap stocks every where in our country Malaysia.

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2022-01-19 14:38 | Report Abuse

True. Thats why you can see so many Hundred Millions queing to buy at 1 sen. But Strange enough, Fintec auto management ( non human ) still issue ESOS at 1 sen lately. What a JOKE?

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2022-01-18 18:28 | Report Abuse

When Fintec issues ESOS or PP, the company gains a little due to more capital inflow to the company but we feel very unfair to the current shareholders who have to share their old current capital reserves with the new ESOS or PP holders thus reduces the Net Worth Per share of the old shareholders. I understand that Company issuing ESOS or PP has to follow the price of the latest current 5 days average of the market prices of the listed shares. If the current market condition is bad, issuance of these ESOS and PP surely depresses the market prices of their own shares further. Thats why our Fintec prices keep falling from 11 sen to the current 1 sen over the period of all these issuances. Are issuance of these ESOS and PP our company's commitments or private promises that we must keep issuing them? If yes, why such issuances or offers to the ESOS or PP investors and their names are never mentioned for us to see as we are their current shareholders. I cannot see in anywhere in Fintec books or records that who and who are their new ESOS or PP shareholders. ESOS means Employees Share Option Scheme but I can never see who and who bought in the new ESOS offers all these while. WHY so secret about this. Some more no one directors are involved in any of Fintec's ESOS. HOW WEIRD? So far, NO DIRECTORS are holding any major shares in the Fintec Group after so many ESOS exercises. ANOTHER WEIRD OCCURANCE? I hope Fintec be transparent and let us know who buys into such ESOS or PP schemes so far. ANOTHER WEIRD MOMENT is there are more than 500 millions willing BUYERS in the OPEN MARKET for the period for 1 sen Fintec shares BUT WHY, Fintec still needed to offer 1 sen ESOS shares to the latest batch to their new ESOS investors amounting to 20 millions only on the 13/1/2022 where there are 500 millions shareholders waiting willing bidders waited to buy at 1 sen in the Open Market. SO WEIRD !!!!!!!?????

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2022-01-11 14:56 | Report Abuse

Agree with you, BLee. Conversion for Preference Shares to Mother Shares are not so straight forward, Anyhow, with Fintec Pref Shares existence, the proposal of any Fintec Consolidation is now difficult. So obvious still, Fintec has to deal not only with the existing Pref Shares but with 3 other Warrants ( i.e. WA,WB & WC) outstanding.

News & Blogs

2021-12-27 16:10 | Report Abuse

Sooner or later, Taiwan will be united with China. Just wait for a while. When there is a wish, there is a way.

News & Blogs

2021-12-27 15:50 | Report Abuse

For Construction sector, choose AZRB cheaper, more vibrant construction activities and better future than AYS.

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2021-12-22 17:25 | Report Abuse

Those who can buy, just buy Fintec as I believe it is the lowest now as the group is cash rich with an nta value of 6.67 sen per share. There is no reason to drop to half a sen as there will no no sellers at half a sen. The Group is not going bankrupt. Only the current market conditions and sentiments make it as such. The Group is holding so much valued added stocks with huge potentials except all the shares they are holding now are also trading at rock bottom price at current KLSE prices. When KLSE starts correcting, all Fintec holdings will also go up. Fintec Group 's NTA once reached 91.8 sen per share last year. Now it dropped to 6.67 sen is just current valuation only based on Current Auditor's Portfolio Valuation Report. Imagine, if the KLSE rebouches back to much higher position, your 1 sen now may worth 50 sen or 75 sen or RM1-00 and more a share. JUST KEEP YOUR FINTEC SHARES FROM NOW. DO NOT SELL THEM IF YOU HAVE BOUGHT THEM AT TODAY'S PRICE. YOUR ROI IS POTENTIALLY VERY HIGH.

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2021-12-22 17:04 | Report Abuse

CONTINUE BUYING TOMORROW TO SEE IF THERE ANYMORE ONE SEN SELLERS. HAVE FAITH IN FINTEC. FINTEC IS THE HEAD OF SO MANY OTHER COUNTERS THEY ARE KEEPING. BE STRONG. CHEERS.

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2021-12-22 16:54 | Report Abuse

Dr Y.Raj. I support u.

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2021-12-22 16:54 | Report Abuse

I believe those who sold 1 sen today were forced selling done by their margin financiers .

News & Blogs

2021-12-22 15:51 | Report Abuse

Seems That Mahathir Kutty is really a Kutty, Depan cakap lain, balakang buat lain.

News & Blogs

2021-12-22 15:50 | Report Abuse

Looks like That Mahathir never wish to do biz with any Chinese in the first place. I simply do not understand why so many Chinese Dogs still not abandon him?

News & Blogs

2021-12-15 18:35 | Report Abuse

I rather buy Fintec for one sen a share than buying Kanger.

News & Blogs

2021-12-15 18:19 | Report Abuse

Government should stop all on board to land as one of them is covid positive. Where is their SOP they all talking about.?

News & Blogs

2021-12-07 19:10 | Report Abuse

Malaysia covid measure performed very badly because they follow the WHO protocol. India and Japan later part did not follow the WHO protocol and they performed marvelously with very few cases. WHY? Until today, Malaysian MOH refuses to accept the fact that Ivermectin can kill the covid viruses. They just pretend not to listen. Pretend here and pretend there. They want more cases. Don't know why? Very weird.

News & Blogs
News & Blogs

2021-12-07 18:44 | Report Abuse

Yes, If Spore Govt wants the HSR back, ask them to pay us back the RM318.45 Millions we paid foolishly during the PH Regime.

Stock

2021-11-27 15:44 | Report Abuse

IF FINTEC CAN DROPS TO HALF A SEN SHARE, YOU ALL ARE EXPERIENCING THE BUYING OF A SAFEST STOCK ON EARTH IF YOU CAN MANAGE TO BUY IT AT 0.5 SEN. LOOK AT DOW JONES YESTERDAY. 900 POINTS DROPPED AND MOST OF THE US SHARES ARE SUPER HIGH. IMAGINE THE HUGE AMOUNT OF LOSSES PEOPLE SUFFERED IN A DAY. PHEW !!!

News & Blogs

2021-11-26 17:42 | Report Abuse

July 2007: Jho Low and Zeti's husband were already partners in a d Abu Dhabi Kuwait Malaysia Investment Corp (ADKMIC) that will later on receive US$153mil from 1MDB between June 2011 to September 2013
Jun 2008: Zeti's husband received US$7.42 million from Jho Low.
2) May 21, 2009: US$0.732 million was received from Jho Low’s US law firm Shearman & Sterling’s account in Citibank in the US. The US Department of Justice has named Shearman as a firm that Jho Low used to launder money stolen from 1MDB;
3) June 1, 2009: US$0.567 million from Acme Time Ltd’s account at RBS Coutts Singapore. Jho Low is the beneficial owner of AcmeTime;
4) Dec 17, 2009: US$6.25 million was received from Jho Low’s US law firm Shearman & Sterling’s account in Citibank in the US; and
5) Dec 18, 2009: US$1.25 million was received from Asset Central Holdings Ltd’s account at RBS Coutts, Singapore. Jho Low is the beneficial owner of Asset Central.
Singapore CAD has confirmed that the source of the money in transactions 2, 3, 4, 5 originated from profits made by Jho Low and cohorts from the flipping of the RM5 billion 1MDB/TIA (Terengganu Investment Authority) bonds arranged by AmBank in May 2009.
Jho Low and others, via Aktis Capital Pte Ltd, Acme Time and Country Group Private Securities Ltd, made more than RM600 million in profits from the flipping of the 1MDB bonds.
July 2007 and June 2008 are significant dates as this is before 1MDB were formed or had any money. It was also before Najib became Finance Minister or Prime Minister in April 2009.
As we all know, every single Ringgit that were later found to be misappropriated was after 1MDB had transferred overseas to GoodStar owned by Jho Low and the fake Aabar.
But for 1MDB to transfer hundreds of millions of US Dollars overseas, they would require BNM approval.
Now, is it any wonder why BNM would approve FOREX transfers by 1MDB to fake companies when even simple online company checks by BNM would know those companies are fake or owned by the wrong persons?
And is it any wonder why Zeti advised Najib to open a bank account in his own name and failed to monitor Najib's account for suspicious transactions even told she was told by Najib to monitor and clear those transfers?
Has anyone ever asked why BNM and Zeti could have "failed" in carrying out their duties for such easy and basic checks which they were made responsible for?
You are not the least bit curious or suspicious?
Is it because her husband and children have long ago continuously received hundreds of millions of Ringgit from Jho Low?
Or that her husband and children were co-owners of the companies with one Samuel Goh that was responsible for helping set-up the fake offshore accounts that received the 1MDB money that was approved by BNM to transfer to?
https://www.freemalaysiatoday.com/.../who-is-samuel-goh.../
It is important to remember that Singapore police actually told Malaysia about the close to RM700mil received by Zeti's faimly from Jho Low in year 2015 and 2016.
Unfortunately, the govt body that Singapore police reported the information to was BNM.
So, when you pass info to BNM about the then BNM boss' family, the information just gets stuck in BNM.
The question then is, who in BNM knew about this at that time and buried the info?
Until today, Zeti has never come out to deny The Edge's story based on Singapore Police Commercial Affairs Department (CAD) or even threatened to sue The Edge.
https://www.theedgemarkets.com/.../how-much-did-zeti-know...

News & Blogs

2021-11-26 17:37 | Report Abuse

'Saya tak tahu, saya tak tahu' - Reaksi Dr Mahathir tentang tuduhan 1MDB terhadap keluarga Zeti.
Tommy knew when he was AG under Mahathir. PDRM knew since 2019 when Mahathir was PM.
But Mahathir said he dunno anything even though Zeti was made Council of Elders and PNB Chairperson handling RM400 billion of public money?

News & Blogs

2021-11-26 17:33 | Report Abuse

HOW COME NOBODY KNOWS OUR EX-BANK NEGARA GOVERNOR ZETI WAS THE REAL CROOK WHO TOOK AWAY OUR 1MDB MONEY. YET SHE KEPT QUIET AND BLAME OTHERS. VERY VERY VERY THICK SKINNED. THAT INCLUDES TUN DR MAHATHIR WHO PICKE HER TO LOOK AFTER OUR MONEY IN MALAYSIA. SHE MUST FACE THE MUSIC AND HER KARMA MUST CATCH UP WITH HER AS SOON AS POSSIBLE.

Stock

2021-11-26 17:26 | Report Abuse

BUT YOU MUST WAIT TILL IT DROPS ONE SEN OR BEST OF ALL, HALF SEN PER SHARE. I WILL BUY WITH ALL I HAVE IN MY BANK ACCOUNTS. YOU NEVER HAVE HAD THIS KIND OF OPPORTUNITY ONCE IN A LIFETIME.

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2021-11-26 17:20 | Report Abuse

IF YOU ALL TALK ABOUT BIZ OR SHARES INVESTMENT OPPORTUNITY, THIS ONE COUNTER - FINTEC ALONE CAN MAKES YOU ALL INTO A MULTI MILLIONAIRE IF YOU CAN KEEP FINTEC SHARES LONG TERM IF YOU CAN BUY AT 1 SEN A SHARE.

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2021-11-26 17:16 | Report Abuse

NTA now 7.33 sen per share worth as per their Fintec Accounts.

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2021-11-26 17:16 | Report Abuse

If drops to 1 sen. for sure I buy more. One sen - Yat Poon Mun Lay. One sen can make a Ten Thousand Sens. Mind you.

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2021-11-26 17:15 | Report Abuse

Showing RM720 Mil profits were market value profits. Not the real profit. Later, they also declared a loss of RM980 Mil loss, it is not a real loss but a market value loss ( loss of value due to the Current Bad Share Market in KLSE). So, as along as the shares Fintec bought are still in Fintec's hand, the Profits or Loss declared are just figures only. Nothing to worry. One day, our KLSE bounces back. Thats the time we see FINTEC bounces back. No worry.

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2021-11-26 17:04 | Report Abuse

Yes, wallop time. Keep this share for long term gain. Sure gain when the world wakes up from the Pandemic.

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2021-11-19 16:49 | Report Abuse

A very good profit making L&G also people eyes cannot see. What happened to Malaysia eh?
So cheap and anyone can sapu this L&G like nobody business. So low now. Can anyone sifu gives some comments.

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2021-10-18 15:14 | Report Abuse

Target 50 sen, coming super bull coming.

News & Blogs

2021-10-14 17:12 | Report Abuse

When they ask never buy this stock, and their meaning is the opposite. Why?

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2021-10-09 17:04 | Report Abuse

Current Trend. 90% of the KLSE investors losing money is true. So even if we buy on our own. we still lose money. Thats normal. I just pray Fintec is smart enough to beat the 90% norm and helps us to recover back our losses in the future.

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2021-10-09 16:57 | Report Abuse

Yes true. I may have failed my Accounting bad time but I clearly know Fintec can made RM720 Mil at one time, Fintec can also lose it anytime around in the future. As long as Fintec is still holding all its share holdings of all the public listed entities and not selling them, one day it will bounce back Big Time too. Afterall, The Accounting of Profits and Losses of all Public Listed Entities nowadays are all based on Current Market Valuation Method and not based on Historical Cost alone. Hope you all get what I mean. A PLC who knows how to write off Bad Debts and Obsolete Stocks is a prudent entity, while an entity keeps reporting fake profits year after year without any provision for bad debts and obsolete stocks is not prudent company but a dangerous one indeed. Just my thought.

News & Blogs

2021-10-07 17:04 | Report Abuse

Please publish this facts worldwide so that whoever did accuse you falsely in the past should come out to applogise publicly. Do not be like some cowards who smear DS Najib's name and now keeping quiet hoping that people will forget over time.

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2021-10-05 16:51 | Report Abuse

Now not everything is lost. We still see Fintec Global and its associate companies holding huge pile of cash in hand as at now. I just hope they can make good and careful use of the CASH IN HAND and make good and careful decisions for the shareholders. Namo Amitofu.

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2021-10-05 16:40 | Report Abuse

May All Beings Be free from sufferings that Fintec had on us all ... May all Beings Be Free from the scams of the Fintec Directors ....May All Beings get back their Monies invested into Fintec Global Shares....May Miracles happen back to Fintec so that the shares or shareholdings they possessed move up in the future.