FRONTKEN CORPORATION BHD

KLSE (MYR): FRONTKN (0128)

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Last Price

4.02

Today's Change

-0.02 (0.50%)

Day's Change

3.98 - 4.04

Trading Volume

1,234,400


52 people like this.

26,292 comment(s). Last comment by Goodwill5 3 hours ago

samyew1234

1,362 posts

Posted by samyew1234 > 2015-06-25 13:57 | Report Abuse

In term of share back buy, the Management has done it previously at around 12 to 15 cents, when the NTA of the company is 25 cents, Mr. Ng said this is significantly undervalued the company, but he didn't mention at 27 cents the price is fair not

samyew1234

1,362 posts

Posted by samyew1234 > 2015-06-25 13:59 | Report Abuse

In term of projection, even for this year alone, he is unable to predict it as their business model is without order book, they are servicing company which depends very much on the customer demands

samyew1234

1,362 posts

Posted by samyew1234 > 2015-06-25 13:59 | Report Abuse

In short, from today AGM, nothing good news or bad news, just wait on the announcement on who is the new major shareholder

Posted by Speculator101 > 2015-06-25 13:59 | Report Abuse

can short Frontkn ? may be down to 0.255
...

samyew1234

1,362 posts

Posted by samyew1234 > 2015-06-25 14:01 | Report Abuse

haha, that's all I can think of from today AGM

sky2

756 posts

Posted by sky2 > 2015-06-25 14:02 | Report Abuse

2 Samsung are merging into One..more powerful and pose big threats to Apple.....doubt Apple is not aware of that..

blackul66

1,334 posts

Posted by blackul66 > 2015-06-25 14:03 | Report Abuse

at current price of 27 cents which is higher than NAB, it is not attractive at all to buy back and canceled the share at current price, most probably will just retained as treasury shares if really want to buy at current level

JN88

11,670 posts

Posted by JN88 > 2015-06-25 14:05 | Report Abuse

sky2: haha yea....you can see samsung very aggressively to innovate and develop in many field ....apple still sleeping.... china also pick up now.....once they found smtg to kick out apple ...sayonana

sky2

756 posts

Posted by sky2 > 2015-06-25 14:06 | Report Abuse

Comm..Why DBAG buys into Cleanpart......but without Asia operations ? Think about that...

comm

12 posts

Posted by comm > 2015-06-25 14:06 | Report Abuse

I heard there was a bitter argument between Dr Jorg and the other major shareholder, Dr Jorg throws in the towel sold all his Frontken shares to the other major shareholder and exit the company completely. Not sure true or not, if this story is true, we are screwed.

Posted by Jenniewong > 2015-06-25 14:06 | Report Abuse

short the bloody Frontkn

blackul66

1,334 posts

Posted by blackul66 > 2015-06-25 14:08 | Report Abuse

scammers are coming , probably tengku faisal long lost brother

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 14:08 | Report Abuse

@comm I heard that Dr Jorg selling to his own related.. and you will know the party very soon.. hehe.. I choose to continue hold and wait for the announcement to fly. Buy at own risk. hehehe..

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 14:10 | Report Abuse

btw, @comm good job for creating a new account today to spread your interesting rumours. Hope you can collect cheap.. hehehehe.. throw towel? we will see.. woo hooo

sky2

756 posts

Posted by sky2 > 2015-06-25 14:10 | Report Abuse

haha ..can see some short sellers..hopefully backsides not burnt in due time..

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-25 14:10 | Report Abuse

Ya lor I said sold to Borg ma

JN88

11,670 posts

Posted by JN88 > 2015-06-25 14:11 | Report Abuse

Sold to !MDBBBB...hahahahhaha

blackul66

1,334 posts

Posted by blackul66 > 2015-06-25 14:12 | Report Abuse

something is brewing. more and more people are asking to sell laa, want to short laa, Dr Jorg throw the towel laa. Dejavu....

samyew1234

1,362 posts

Posted by samyew1234 > 2015-06-25 14:13 | Report Abuse

Come on la, If I spent 3 years to turnaround the company with the recent 2 acquisitions, if I have argument with other shareholders, I will make sure I have the full control of the company with the MBO, why should I out, money is not my enemy

comm

12 posts

Posted by comm > 2015-06-25 14:17 | Report Abuse

I had to create a new account to tell you of this bad news, otherwise my real account will be cyber bullied. I am sure a lot of you will find it hard to accept bad news. So I better use a new account to convey this bad news.

ran777rpt

2,945 posts

Posted by ran777rpt > 2015-06-25 14:19 | Report Abuse

I know for sure that the towel he threw is German made.

sky2

756 posts

Posted by sky2 > 2015-06-25 14:21 | Report Abuse

DR Jorg brought in DGAB to buy over some shares from his family members..and he is still in charge of Cleanpart......oledi stated in article to say as to solve Succeeding problem . Nothing big to talk about ...throwing towels

sky2

756 posts

Posted by sky2 > 2015-06-25 14:22 | Report Abuse

Guys..beware that some short sellers here wanted to scare u off........

comm

12 posts

Posted by comm > 2015-06-25 14:22 | Report Abuse

sky2, then it is true they have problems at top management

sky2

756 posts

Posted by sky2 > 2015-06-25 14:23 | Report Abuse

Like throwing towels....what else ?

JN88

11,670 posts

Posted by JN88 > 2015-06-25 14:24 | Report Abuse

Yesterday last minute sapu almost 20million shares ady still got so many short seller??? betul betul dare dare buy..

comm

12 posts

Posted by comm > 2015-06-25 14:27 | Report Abuse

Dr Jorg bought at 12sen, sold all at 18 sen, he exit with 50% profits in his pocket in 3 years, consider quite good already. What puzzled me is why he don't sell at market price 27sen, why he sell at only 18sen, trouble could be very serious until he is willing to sell at only 18sen just to exit fast.

sky2

756 posts

Posted by sky2 > 2015-06-25 14:27 | Report Abuse

Comm... how many German work in Fronkten management related to Dr Jorg ?

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-25 14:28 | Report Abuse

Ya I agree hor why shud someone sell after he had build the company bringing in many investors hor. Moreover Jorg can sell all his shares at market over 5 days or so at 50 to 60M a day and only declare after the 5th day after all sold and still gain.
My personal view hor is he sold to a company of his interest hor, so now he is an indirect owner and not so glaring lor

comm

12 posts

Posted by comm > 2015-06-25 14:32 | Report Abuse

Very simple, he just want to get out of frontken, otherwise he could have just kept some share, surely wont sell until zero. Must be a real bitter argument they have recently.

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 14:33 | Report Abuse

Just wait and hold till they announce the new shareholder. Don't regret later buy at higher price.

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-25 14:34 | Report Abuse

No lar comm, he sold to his new company supplying to Frontkn mah. Like that hor he win win both side lor

JN88

11,670 posts

Posted by JN88 > 2015-06-25 14:34 | Report Abuse

With 27% shares he can goreng here untill we remaining tulang ady.....at the same time also can goreng his opponent who make him throw towels..hahahahahahha

comm

12 posts

Posted by comm > 2015-06-25 14:34 | Report Abuse

Share price movement does not look very healthy also. If his move is good, surely price will go up but looks like no good. Recent up is because of AGM, post AGM, no good news... free fall ?

blackul66

1,334 posts

Posted by blackul66 > 2015-06-25 14:36 | Report Abuse

ignore the troll, it is obvious he is trolling and you guys are feeding him

comm

12 posts

Posted by comm > 2015-06-25 14:38 | Report Abuse

Anything can happen between people. Lucky I did not use my real account otherwise will be called a troll and other abuse for sharing some very bitter news unfortunately.

JN88

11,670 posts

Posted by JN88 > 2015-06-25 14:39 | Report Abuse

comm if u are not troll why not use the real account??

Posted by daretoplay > 2015-06-25 14:39 | Report Abuse

your news are so called self interpretation..Just say it's your opinion, not news

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-25 14:40 | Report Abuse

See if I explain hor like that, he buy at 12sent sell at 18.8 cent make 50% hor. But he sell to own company supplying hor to Frontkn. So now hor he make 50% = 6.8cnets times 290million hor and is still indirect owner hor.

Posted by hidayatrazak > 2015-06-25 14:44 | Report Abuse

Everybody watching now...no movement

cpng

1,575 posts

Posted by cpng > 2015-06-25 14:47 | Report Abuse

samyew1234 On the Taiwan side, he mentioned about changes in the technology required in the semi con industry with more sophisticated stuffs, so the demand for the services will definitely increase, he mentioned some technology terms which I didn't jock it down
25/06/2015 13:51

台灣子公司打算增資馬幤3000萬元擴充產能,從今年7月起因應客戶先進製程技術(28nm以下)洗淨服務需求,28nm是目前台灣所有半導體晶圓廠最普遍使用的技術,而每年下半年是傳統旺季.

虽然三星來勢洶洶,而且擁有更先進的20nm及14nm是未来的技術標竿,不过因為生產品的優良率不稳定,所以大家都在28nm拼命.

TSMC產品的優良率是領先全球,連Samsung也給比下去,才會令到Apple 下單予TSMC,而這些都要靠靠Frontkn台灣子公司洗淨服務需求,來使TSMC產品的優良率維持在98%以上.

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 14:51 | Report Abuse

Wait for the announcement of new shareholder. Don't panic sell o.. Hehe

JN88

11,670 posts

Posted by JN88 > 2015-06-25 14:52 | Report Abuse

Sell ar ...sell ar...run ar....

blackul66

1,334 posts

Posted by blackul66 > 2015-06-25 14:53 | Report Abuse

mesti mau sell, if you don't sell, how the syndicate want to pick more shares

Posted by Zool Khibri Abdul Khalib > 2015-06-25 14:54 | Report Abuse

Tq syndicate.. Help me to collect also.. Haha

comm

12 posts

Posted by comm > 2015-06-25 14:54 | Report Abuse

it is so obvious, if new shareholder is of any significant.. surely already announced as fast as they can, no need to wait so long. They dare not tell because they know it will be bad once it is announced, normally they try to delay the bad news until after AGM so that don't get hammered at AGM.

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-06-25 14:55 | Report Abuse

what happened to frontken? any updates?

comm

12 posts

Posted by comm > 2015-06-25 14:55 | Report Abuse

JN88, I am telling the bad news I heard, I dare not use my real account, otherwise I will lose a lot of friends here.

crawler

4,829 posts

Posted by crawler > 2015-06-25 14:55 | Report Abuse

don't assume if you don't know..assumption is the mother of all failure

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 14:56 | Report Abuse

Collect collect.. Hehe

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