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

516,300


52 people like this.

26,291 comment(s). Last comment by Goodwill5 4 days ago

sky2

756 posts

Posted by sky2 > 2015-06-27 09:59 | Report Abuse

To Sell ..if u want Dividends..Tenaga which is a Blue Chip and priced at single digit PE...a stock to look at..Local co but without scams ..right ?

Chinaboleh

687 posts

Posted by Chinaboleh > 2015-06-27 10:03 | Report Abuse

sell better follow me buy China stocks. Cheaper than Frontkn in fact half or 1/3 Frontkn price. Like Frontkn most don't have dividend except Xinghe. You can get free warrant buying them but not Frontkn. Among those I can recommend are Msports, XDL, Kanger, etc.

Awesome

1,221 posts

Posted by Awesome > 2015-06-27 10:03 | Report Abuse

For your weekend reading pleasure
http://klse.i3investor.com/blogs/kianweiaritcles/79037.jsp

Awesome

1,221 posts

Posted by Awesome > 2015-06-27 10:07 | Report Abuse

@sell today your homework is why growth company no give or little dividend.. faster go do then explain to all.. give u tips someone post about it before in blog.. done liao faster report.. hehe

Awesome

1,221 posts

Posted by Awesome > 2015-06-27 10:08 | Report Abuse

@chinaboleh lu pergi read about hang seng index and sse composite index ind.. and report to all what happen to china market recently.. also done liao faster report.. hehe

Awesome

1,221 posts

Posted by Awesome > 2015-06-27 10:11 | Report Abuse

@sunkist118 & @sky2 Good morning, let's go for German's breakfast, Taiwan's lunch and US's dinner.. hehe

sky2

756 posts

Posted by sky2 > 2015-06-27 10:20 | Report Abuse

Thanks Awesome for sharing the article

Posted by Pin Wai Koh > 2015-06-27 13:50 | Report Abuse

Thanks Awesome for sharing

crawler

4,829 posts

Posted by crawler > 2015-06-28 00:00 | Report Abuse

of course la..iphone 7..start production now...

nklye

844 posts

Posted by nklye > 2015-06-28 09:46 | Report Abuse

Exerpt from YiStock's posting.
Cessation of direct interest arising from disposal by Dr Hohnloser of 290,991,473 Ordinary Shares of RM0.10 each ("Shares") to CP Asia Holding GmbH pursuant to a Share Purchase Agreement dated 20 March 2015 ("SPA"). The purchase price for the Shares is in total EUR14,000,000 (approximately RM54,845,800) or RM0.189 per Share.

I referred to Frontkn's stock chart, Frontkn closing share price from March 16 to April 6 was at
0.18. Since then it started to move up never looked back.
The SPA was done on 20 March 2015 at the price 0.189. This means the seller has made a gain of 0.09 sen per share.
The stock moves up must be based on its good values anticipated or analysed by the professional buyers after the transaction.
Then it should not be an issue when it was announced the transaction.
But the timing of the announcement that created confusion and panic to most speculators who have bought the stock at a very much higher price.

Based on the posting by YiStock then Frontkn should be a good stock to invest in and has very high potential to make good substantial gain in a very near future and long term.
Correct me if 8I am wrong.

Awesome

1,221 posts

Posted by Awesome > 2015-06-28 09:51 | Report Abuse

@nklye good morning. very good interpretation and that's the view from a long term investor.

JN88

11,670 posts

Posted by JN88 > 2015-06-28 11:16 | Report Abuse

Good Morning Everyone:Mari-mari question in my head.

1.What kind of method this company use to 'sou kao' other company??
Answer
a.Borrowing
b.Current cash(but so little)
C.Big fund coming
D......

2.If that company have good profit...then why let frontkn 'sou kao'??
a.......
b....
c......

Yii Shing

101 posts

Posted by Yii Shing > 2015-06-28 11:48 | Report Abuse

Not fronton under takeover by gmbh meh~

Yun Kai

211 posts

Posted by Yun Kai > 2015-06-28 13:09 | Report Abuse

Answer to question 1

a. Borrowing = as the share being transferred to GMBH, it's possible for GMBH to PUMP CASH by loan/advance to Frontken(there will be an appreciation in RM when malaysia economic is recovered will benefit to GMBH) ,

but it doesn't look good as it affect the gearing level and performance of frontken unless they managed to borrowing obtain with cheap interest

b. Current cash possition is sufficient for working capital , i think it's not sufficient for frontken to make huge acqusition.

c Private placement / Right issue

Answer to question 2
a. the company your mention in have good profit , existing owner(the company) and frontken owner = same guy !


Haha...it's just my assumption and pls correct me if i'm wrong :)

sky2

756 posts

Posted by sky2 > 2015-06-28 13:53 | Report Abuse

I think how to fund Fronkten at the moment ...to me is quite a secondary issue and should not a big concern to the investors here as the company comes directly under the German parent Corporate..namely CP Asia vs an individual aka Dr Jorg..formerly . ..As u may know Cleanpart came under some corporate MBO through the participating of DBAG ( German ) , partly the reason given was the family dispute like some mentioned before ..throwing towels and that ..Anyway a succession plan is put in place in Cleanpart and it is highlighted as one of the key points of Cleanpart MBO.. Once the issue is over or settled..I believe Dr Jorg who is representing both Cleanpart and CP Aisa...would look seriously into Asia....with some aggressive actions...like what Nanyang did report.. ...Currently they could be eyeing for some good assets in Asia to be acquired .... These would bring rather some medium and long term benefits to Fronkten and its shareholders .....All we hope for is something like Inari or Vs Industry at an appropriate stage...somewhere in the future ...Regards

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-28 18:24 | Report Abuse

Aiyoyo you shiok sendiri ka? Fact hor this year got growth!!!! ...question is next year hor...
But hor my point is OnG will not be down always hor. So when Ina way hor there is always a balance

JN88

11,670 posts

Posted by JN88 > 2015-06-28 18:48 | Report Abuse

Thanks to all respond: Million of thanks

@Yun Kai: I think I hv too short to clarified the question no2 and some misunderstanding there. Actually what i mean is what kind of comapny will let (frontkn + CPAsia) eaten up. Because from the understanding what Frontkn mention on the news(nanyang) they trying to acquire OnG related field company in Australia ....and few of company now in their list.

This make me think about some big money injected into this frontkn.

JN88

11,670 posts

Posted by JN88 > 2015-06-28 19:01 | Report Abuse

@sky2: I think they will act very fast just like how they act fast to sign the S&P on 20 March 2015..... Very fast to try expanding their business.

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 19:57 | Report Abuse

walao walao!!!! frontkn still below 0.30!!!

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 19:58 | Report Abuse

what tp now???

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 19:59 | Report Abuse

why the big share holder sell so cheap to ..... any 1 know??

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 20:00 | Report Abuse

i am back now, frontkn im ready to join back!!!

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 20:00 | Report Abuse

please share the shortly good point to me and few bad point to me ! thanks

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 20:11 | Report Abuse

why frontken dont give dividend or bonus to attract more and more shark or small fish to boost the price high to the sky???

dnn78

1,593 posts

Posted by dnn78 > 2015-06-28 20:54 | Report Abuse

Good point is everything been shared and you just need to scroll up or you can do some little research by googling. Bad point is you yourself dont know head and tail why care to enter?

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-06-28 20:56 | Report Abuse

hahahahahahaha~ u can check back the frontkn last few month that im in frontkn long ago, i know head but really dont know tail...

dnn78

1,593 posts

Posted by dnn78 > 2015-06-28 20:57 | Report Abuse

TP is 1.00......,, not 1 dollar but when you become 1 year old so no more spoon feed

Sunkist118

999 posts

Posted by Sunkist118 > 2015-06-28 21:03 | Report Abuse

YunKai I like the answer of German CP, 28% ownership to pump more money to expand hor. To many hor, this is an opportunity for GmbH be oz hor ringgit so weak it is dirty cheap hor to invest here. Moreover it is also strategic because hor company is in Malaysia where OnG got opportunity, at same same time hor manufacturing company is in Taiwan giving order to local company

blackul66

1,334 posts

Posted by blackul66 > 2015-06-28 21:26 | Report Abuse

Short the index tomorow......

chy72

2,960 posts

Posted by chy72 > 2015-06-28 21:35 | Report Abuse

Asia narket will collarp due to greece monister...selfish and fool only care his power

chy72

2,960 posts

Posted by chy72 > 2015-06-28 21:36 | Report Abuse

The best way is short index and buy put warrant...

Awesome

1,221 posts

Posted by Awesome > 2015-06-28 21:44 | Report Abuse

Another best way is to be long term investor. Don't get panic. Collect more good fundamental counters.

JN88

11,670 posts

Posted by JN88 > 2015-06-28 21:48 | Report Abuse

Greece Prime Minister and her gang will collect as many as possible in next week ....after deal okay all fly high high....you see easy money ...hahahaha

Poor become poorer, rich one become lagi rich....hahahaha

Posted by bocca ngilerrr > 2015-06-28 23:22 | Report Abuse

Middle one? Still here cannot move anywhere haha...

blackul66

1,334 posts

Posted by blackul66 > 2015-06-29 06:12 | Report Abuse

Rather than an outright crash due to greexit which already becime greetigue now. It is better for the speculator to keep this issue linger for a few more correction down the road before........

crawler

4,829 posts

Posted by crawler > 2015-06-29 08:59 | Report Abuse

good move by Jorg...if anything happen they will move everything out of Malaysia :)

crawler

4,829 posts

Posted by crawler > 2015-06-29 08:59 | Report Abuse

similar move by many big corporate where they have move their HQ out of malaysia

blackul66

1,334 posts

Posted by blackul66 > 2015-06-29 09:08 | Report Abuse

good bye, spend my time to trade put warrant for now, will revisit frontken when the smoke clears

Awesome

1,221 posts

Posted by Awesome > 2015-06-29 09:15 | Report Abuse

those who don't have holding power please sell.. =)

JN88

11,670 posts

Posted by JN88 > 2015-06-29 09:19 | Report Abuse

They sell ady and waiting to buy lower, anyway this is long term counter for me now...nothing to worry...any deeper correction is 'buy 'call for me......

blackul66

1,334 posts

Posted by blackul66 > 2015-06-29 09:20 | Report Abuse

yes, sell and play put warrant or fkli. Later come back, don't let your money idle, later even if you have to pay premium , it is still offset by great gains in put warrant

Awesome

1,221 posts

Posted by Awesome > 2015-06-29 09:36 | Report Abuse

why i see the trend shark macam wanna goreng this counter== 5k lots follow by 3k lots

JN88

11,670 posts

Posted by JN88 > 2015-06-29 09:37 | Report Abuse

@aweseome still gt bullet?

Awesome

1,221 posts

Posted by Awesome > 2015-06-29 09:39 | Report Abuse

@JN88 yaya.. the selling queue getting lesser.. lol.. i believe kena target goreng jor==

JN88

11,670 posts

Posted by JN88 > 2015-06-29 09:40 | Report Abuse

my last bullet waiting for last group of panic sell seem like tak jadi....

Posted by BorneobinMalaya > 2015-06-29 09:41 | Report Abuse

hold your money and investment. not a good time to panic.

Awesome

1,221 posts

Posted by Awesome > 2015-06-29 09:52 | Report Abuse

@JN88 same here.. hehe.. but cushioning well @0.25..
@borneobinmalaya agree with u =)

Posted by Zool Khibri Abdul Khalib > 2015-06-29 09:56 | Report Abuse

Yahooo... Drop drop. 0.19

Awesome

1,221 posts

Posted by Awesome > 2015-06-29 10:03 | Report Abuse

@zool getting ready @0.19? hehe..

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