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2021-04-05 21:40 | Report Abuse
Two possible situation:
1. Pa will back normal to 0.050 per unit
2. Focus will drop until 0.250 recently
2021-04-05 21:38 | Report Abuse
1 year ago, when focus share price was around 0.250, the pa worth 0.55; currently, focus share price is 0.480, and the pa only worth 0.25, what a funny and illogical market adjustment and sentiment hahahaha
2021-04-05 21:34 | Report Abuse
Is this pa currently undervalued ? If 10 pa can convert to 1 mother shares, that mean we only need 250 to have one mother share which currently worth 480? Kindly correct me if my calculation is wrong
2020-09-01 20:56 | Report Abuse
From KYY’s book, Malaysian company have a low transparency in term of corporate info. When the company make profit or receive some lucrative contracts, some management will hide them. At the same time, they will use tools such private placement and employee share option scheme (ESOS) to help their cronies, and relative accumulate shares at lower prices. Once they bought enough, their cronies will then push the share price up, they will create bullish sentiment with the use of some splendid news or financial report announcements, and subsequent sell their shares to minority shareholders at inflated prices. In my opinion, the situation of Fintec is totally similar with what KYY have mentioned in his book. Therefore, even I still believe FINTEC is undervalued and high probability that it will boost up more in the future, you guys ( the new buyers) should not chase high if it really limit up in the future or increase significantly in the future. And also, I think the current price is quite reasonable for investors to purchase. In the end, please be alert on any shares movement in fintec, do cut loss if the share price drop below it’s support point
Stock: [MMAG]: MMAG HOLDINGS BERHAD
2021-05-28 10:36 | Report Abuse
Will be same as last time, huge drop after this fake support lol