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

552,900


52 people like this.

26,293 comment(s). Last comment by jojujiso123 1 hour ago

dnn78

1,593 posts

Posted by dnn78 > 2015-06-25 22:49 | Report Abuse

Thanks gimmy2u for sharing...read alot grandmother story today..sleepy goodnite guys :D

skyland

644 posts

Posted by skyland > 2015-06-25 22:51 | Report Abuse

bad news

dnn78

1,593 posts

Posted by dnn78 > 2015-06-25 22:51 | Report Abuse

Fantastic i3 forum, can see all sort of speculator investor wanna be

JN88

11,670 posts

Posted by JN88 > 2015-06-25 22:56 | Report Abuse

Very interesting movie show: I LOVE SHE(IMF PRESIDENT) SAID: WE NEED ADULT TO TALK IN THE ROOM

Back in the good old days — just a few weeks ago — every time the Greek Prime Minister went to Brussels or to a European Union meeting, European Commission President Jean-Claude Juncker would hug him, kiss him, even hold hands with him.

Yet, the last time Juncker welcomed Alexis Tsipras in Brussels there were no hugs and kisses, no sweet smiles and winks. This time it was only an awkward handshake and a frozen smile. It was evident that it was payback time for the European Union’s prodigal son.

Europe had to punish the Greek prime minister for his defiance, for all his accusations and harsh remarks when he was the main opposition party leader in Greece and now that he is the premier. Due to his inexperience and enthusiasm, Tsipras said a lot of bad things about several European officials. Some of his comments were downright insulting, slanderous even, in some cases.

Unfortunately, Europe chose to punish all Greeks along the way. The measures they proposed are so severe that they are guaranteed to push Greece deeper into recession quagmire. There is no way Greek pensioners would survive with further cuts or that the Greek economy can recover with a 23 percent VAT on hotels and restaurants.

One would think that the burdensome measures the Greek government proposed would be enough to secure a deal. They were worth 8 million euros in state revenues, despite the fact that 93 percent of that was heavy taxation across the board, but mostly to high incomes. In fact European partners called it a “good basis for an agreement,” then they rejected it a day later.

Simply because at this stage in the game European officials care less about a few hundred million here and there in the Greek budget. What they want is to humiliate Tsipras, make him look like a crook who became prime minister by lying to the desperate Greek people. They want him to sign an austerity memorandum while all his election campaign was based on his promise that he will abolish memoranda. Then send him back home as a betrayer of his leftist ideals, a traitor to his voters.

In no way would they let him go back to Athens with a good deal in his suitcase. Send him back as a winner, the first leftist state leader who dared to rebel against the European rules and processes.

This is where Europe showed its ugly face, its lack of compassion, its lack of solidarity. If only for the Greek people who have suffered poverty, unemployment, suicides, or lower living standards, European top brass could be more lenient, more forgiving.

Greece is running out of time on its painful way to default and bankruptcy. The European Union leaders have only a few days left to restore the forgotten European ideals of unity, solidarity and justice.

- See more at: http://greece.greekreporter.com/2015/06/25/europe-shows-its-ugly-face-to-tsipras-and-consequently-greece/#sthash.3A5HkP9F.dpuf

JN88

11,670 posts

Posted by JN88 > 2015-06-25 22:59 | Report Abuse

What they want is to humiliate Tsipras, make him look like a crook who became prime minister by lying to the desperate Greek people. They want him to sign an austerity memorandum while all his election campaign was based on his promise that he will abolish memoranda. Then send him back home as a betrayer of his leftist ideals, a traitor to his voters.

NEVER SIMPLY PROMISE TO VOTERS, WHEN YOU BORROW ALONG.

JN88

11,670 posts

Posted by JN88 > 2015-06-25 23:10 | Report Abuse

While European leaders are preparing for the summit, the European finance ministers Eurogroup started its second meeting in less than 24 hours. Both sides presented their reform proposals, however they were not able to reach an agreement and resolve their differences.

It was decided that the Eurogroup meeting would be suspended so that the Greek side can discuss with the creditors and present a common proposal to the European finance ministers.

French President Francois Hollande noted that the main difference between the two sides was in regards to the means of implementation and not the measures, therefore “it’s a technical issue.”

According to media reports, the meeting will resume on Saturday.

Greek PM Tsipras: ‘I am convinced we can reach a compromise…to overcome the crisis’

“I am convinced we can reach a compromise so that Greece and the Eurozone can overcome the crisis,” Greek Prime Minister Alexis Tsipras said going into an EU leaders’ summit in Brussels on Thursday, as talks in a bid to reach an agreement on Greece continued.

“European history is full of disagreements and negotiations that end in a compromise,” Tsipras said and expressed his conviction that the Greek proposals will make this possible.

EU’s Tusk says he has ‘good hunch’ of happy end to Greek drama

In an upbeat message as he arrived at the building where the European leaders’ summit will be held later on Thursday, European Council President Donald Tusk told reporters he had a “good hunch” that the talks on Greece will have a good outcome.

“The last hours have been really critical. But I have a good hunch that, unlike the Sophocles tragedies, this Greek story will have a happy end,” he said about the ongoing negotiations.

For the moment, Tusk noted that work was underway and that “for sure it will need still many hours,” adding that more information will be available after the meetings.
- See more at: http://greece.greekreporter.com/2015/06/25/eurogroup-meeting-suspended-without-reaching-agreement/#sthash.Q98GYAr2.dpuf

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-25 23:13 | Report Abuse

Aiyoyo lullian very prickly oh

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 23:16 | Report Abuse

@skyland your bintai ady 3 days Liao.. I don't see any 0.40 or near to it==

Stock: [BINTAI]: BINTAI KINDEN CORPORATION BHD
Jun 22, 2015 11:20 PM | Report Abuse

salted fish alive...hoseh...tomorrow 0.4

Awesome

1,221 posts

Posted by Awesome > 2015-06-25 23:18 | Report Abuse

@sunkist118 lullian very prickly but still king of fruits leh. Hehe.. Let's see what the king perform tmr.. Hehehe..

SPECIAL_ID

410 posts

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

Awesome bro, so confidence n optimistic for tomorrow ar? Hahaha.. I hope can surge gao gao too, collected quite lots.. But I think not yet lor, hope I m wrong then I can continue collecting, hehe:)

Posted by Pin Wai Koh > 2015-06-26 00:20 | Report Abuse

thank JN88 for the useful informations......

sell

2,456 posts

Posted by sell > 2015-06-26 03:49 | Report Abuse

Special_ID if can surge why Dr Jorg need to sell cheaply at 18.8sen?

sell

2,456 posts

Posted by sell > 2015-06-26 03:50 | Report Abuse

Likely the new owner(buying from Dr Jorg) are i3 forumers.

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 05:10 | Report Abuse

The new company that bought his shares is partially own by Hohnloser family. S&P sign while it was hovering at 18 cents, there you go.Dr. Jorg didnt sell off for a quick gain.

b5557

10 posts

Posted by b5557 > 2015-06-26 07:09 | Report Abuse

Agmt sign on 20 March which is closed at 18 cts

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 07:25 | Report Abuse

@sell Is Dr Jorg's german company CP Asia GMBH bought it la.. u say i3 forumer lol... I guess u haven't read the announcement or perhaps u don't even know how to interpret the information.. nah go read if don't understand can ask.. u go many counter main tembak TP only.. U want follow optimouse go around con ppl ar, kipidap ya.. hope one day u can have your own gang too.. hehe

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4783829

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 07:40 | Report Abuse

@b5557 thanks for the information. Now prove to all liao lo.. Dr Jorg no sell cheaper than the market price. u did homework respect!

JN88

11,670 posts

Posted by JN88 > 2015-06-26 07:50 | Report Abuse

Good Morning Everyone...

Hahahaha previously all people guessing DR J sell cheap cheap ...but no one guessing this agreement are make ealier at 18.8sen. No wonder start to move on beginning of April hahahahaha...

Anyway this is good news since already 3 month then many thing should be done and machince can share share use ady..

sell

2,456 posts

Posted by sell > 2015-06-26 08:07 | Report Abuse

Why the announcement so late? If CP Asia also sold meaning 3 months later only we can know?

JN88

11,670 posts

Posted by JN88 > 2015-06-26 08:12 | Report Abuse

If the announcement make 3 months before later on how u know all people sapu the shares, then how they buy back the shares at lower point??

Uz2015

32 posts

Posted by Uz2015 > 2015-06-26 08:12 | Report Abuse

My guess they sign s&p in march, but completion occurred on 23 June. It is typical to complete s&p of this nature within a few months as there are typically conditions precedent to be fulfilled. My 2 sents

sell

2,456 posts

Posted by sell > 2015-06-26 08:15 | Report Abuse

If Dr Jorg have no confident on Frontkn future why must I have confident? Dr Jorg should know Frontkn better than many of us here.

JN88

11,670 posts

Posted by JN88 > 2015-06-26 08:16 | Report Abuse

Why you so hard wasting your time to giving opinions and asking question here since you are not confident and able to 'think' or 'speculate the reasons people doing in this way??

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-26 08:19 | Report Abuse

Dr jorg money belongs to family hor. The 12 cents invested in company but the 6.8cents made is his lor that why he agreed to work hard to bring in all the investor. This is management incentive.

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 08:23 | Report Abuse

@sell do your homework on legal announcement on bursa to be made for oversea company and why the three months. Did Liao tell everybody ya.. Hehe

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 08:29 | Report Abuse

Btw Dr jorg's company is now the substantial shareholder. Simple as that.

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 08:35 | Report Abuse

Although we don't have details of his shareholding in CP Asia, but he is still substantial shareholder over there. He gain approx 50% from the disposal, but if he even own 50% of CP Asia, his gain will dwindle to just 25%. It is his own private company anyway. You think who fork out the money to buy from Dr. Jorg?

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 08:36 | Report Abuse

left pocket to right pocket, although the right pocket is not entirely his

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-26 08:42 | Report Abuse

Everybody will be cautious first half hour or so hor.

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 08:48 | Report Abuse

there is not much que now at 25 cents and above, can try que2 a bit

wakakaka88

779 posts

Posted by wakakaka88 > 2015-06-26 08:49 | Report Abuse

a bit fishy..wakakakakaka....if is big development should have tell it out loud..wakakakakaka

sky2

756 posts

Posted by sky2 > 2015-06-26 08:49 | Report Abuse

Blackul66...Fronkten has more or less come under the control of Cleanpart under Dr J supervision ....where money n resources can be easily tapped from Cleanpart for further expansions of Fronkten in Asia at later stage . Good for Fronkten long term investors per se...

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 08:50 | Report Abuse

wait for media coverage.. hehe

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 08:52 | Report Abuse

@sky2 cleanpart start with frontken in asia.. hehe.. btw, I queue @0.255 and @0.25.. I will salute who sell to me =) heh

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 08:52 | Report Abuse

if there is any fear news, it will be tomorrow, where Greece trying to clinch a last minute deal.

wakakaka88

779 posts

Posted by wakakaka88 > 2015-06-26 08:56 | Report Abuse

we investor like transparency...wakakaka

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 08:56 | Report Abuse

sky2, yes i think it is a positive development. The best of all, technology sharing between cleanpart and frontken will also help Ares Green, further expansion in asia for cleanpart and also taping into TTES liscense with Petronas.

wakakaka88

779 posts

Posted by wakakaka88 > 2015-06-26 08:59 | Report Abuse

unfortunately you are not analyst or Jorg..it takes one of them to clarify only it can fly...wakakaka

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 09:00 | Report Abuse

yaya.. so be patience.. hehe.. what i know u dunnno.. hehe

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 09:01 | Report Abuse

nothing to clarify when CP asia itself is partially owned by hohnloser

wakakaka88

779 posts

Posted by wakakaka88 > 2015-06-26 09:02 | Report Abuse

CP is dumping their share out now at 26.5 and you buy from them..their base is 0.188

wakakaka88

779 posts

Posted by wakakaka88 > 2015-06-26 09:02 | Report Abuse

wakakakakaka...you all been con

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 09:03 | Report Abuse

they say empty makes the most noise, i didn't know it is so true until now

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 09:03 | Report Abuse

will see.. hehe.. wakakaka88 u buy in liao ma? hehe.. want to dump last may 0.34 jiu dump lo u dumb dumb.. hahahah

Uz2015

32 posts

Posted by Uz2015 > 2015-06-26 09:04 | Report Abuse

Dr Jog may be doing this for tax planning purpose. If I am not mistaken, In Germany, capital gains tax such as on share sale is applicable to a resident person and not a company. He expects the share price to go up further, so he did the transfer whilst the price is still low, the gain is low and the capital gain on him is still minimal. Once the shares are transferred to CP Asia, future capital gain on the shares are not taxable. Furthermore, after this, any share restructuring within group of business that he owns can be done a lot easier at lower tax cost. Just me guessing.

Awesome

1,221 posts

Posted by Awesome > 2015-06-26 09:05 | Report Abuse

@uz2015 u did a very good research. salute!

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 09:06 | Report Abuse

Uz2015, thank you for sharing your thought. It is rare to see meaningful comment here when someone like wakaka flooding the screen

wakakaka88

779 posts

Posted by wakakaka88 > 2015-06-26 09:07 | Report Abuse

there is one thing called tax equalizations...do more research dudes..good try...wakakakakaka

blackul66

1,334 posts

Posted by blackul66 > 2015-06-26 09:10 | Report Abuse

thank you for the good laugh wakakaka alias tengku faisal

sky2

756 posts

Posted by sky2 > 2015-06-26 09:15 | Report Abuse

I think the Media people n IB are sapuing the shares before they come out with reports...

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