@jlex11 Bro any idea on this counter....the fair value will be approximate at 0.50.....i dont care about whether its scam or not as it is all rumours unless they are solid proof.....thinking to keep some
Part of the Fintec SCAM. Credit Suisse appears to be part of this. AT, Focus Dynamic, AsiaBio, Saudee, NetX, etc,etc. Just like in other companies, more and more Preference shares are being converted to mother shares and large Rights Issue (RI) will also be part of the story. Heavy dilution takes place.Focus Dynamic has 6 billion issued shares already. If all these shares are printed on paper, the paper is worth more than the shares!
@Sakuragi11 -@jlex11 Bro any idea on this counter....the fair value will be approximate at 0.50.....i dont care about whether its scam or not as it is all rumours unless they are solid proof.....thinking to keep some
I have posted earlier on the factual info on the company ....read it up & decide for your self..
A valuation of 50cts as stated by u ,is very much on the high end...
Guys, the naysayers and fear mongers are back , WELCOME>....including reposting recycle post on " Hidden Hand Article " ...well it time for the bound soon ...please post more and create more fears factors..
Btw , I am in again at 9cts ...thanks to the naysayers and those fear factors posts n i nett a clean 40% from my purchases last time ...
If there are more such posts, I will post Teaser 4 on Focus....lol..
Money122@Pn17 ... since you post this, please list down the criteria for a company under KLSE to fall under PN 17...if you are not sure, dont just pluck post from thin air please...made a fool of yourselves.
Posted by POONJ > May 6, 2021 10:36 AM | Report Abuse Aiyo this share so so scary, drop so much want to bankrupt Liao ya?
Posted by Money122 > May 6, 2021 7:04 PM | Report Abuse Pn17?!
Anyone to please enlightened on d below:
A person holding preferential shares has the right to be paid from company assets before common stockholders if the company goes into bankruptcy. They usually do not have voting rights, and are rewarded only by dividends.
After disposing by throwing last batch of 415mil shares on 27/4/21 in open market, Credit Suisse has only insignificant 2mil shares in hand and already ceased as substantial shareholder as per Bursa announcements for those who track this counter. Risk of further sharp drop shall be minimal as ABC still keep stock in hand and progressively increases its stake slowly to 25.82% as at 4/5/21.
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Posted by Shah Anwar Shafie > 2021-05-06 11:51 | Report Abuse
I cannot imagine how low this share can go down if declared PN17