FRONTKEN CORPORATION BHD

KLSE (MYR): FRONTKN (0128)

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Last Price

4.04

Today's Change

+0.07 (1.76%)

Day's Change

3.93 - 4.05

Trading Volume

659,400


52 people like this.

26,291 comment(s). Last comment by Goodwill5 3 days ago

blackul66

1,334 posts

Posted by blackul66 > 2015-08-18 09:17 | Report Abuse

wow, feeling regret of selling my put warrant, earn so much until not dare to play anymore, but still got so many greedy people buying like no tomorrow

kjk85

260 posts

Posted by kjk85 > 2015-08-18 10:56 | Report Abuse

oversold, below SMA 200. buy low and keep, once it reach 0.205, the bull will begin

sky2

756 posts

Posted by sky2 > 2015-08-18 11:32 | Report Abuse

I sapu some at 19sen...talk only to buy at 19sen but no buy also useless ......

kekure24

19 posts

Posted by kekure24 > 2015-08-18 11:44 | Report Abuse

when will the quarter report out? good sentiment now. too bad I bought small amount @ 19c yesterday.

JN88

11,670 posts

Posted by JN88 > 2015-08-18 12:42 | Report Abuse

Slow slow sapu.... Good sentiment?haha 1 /2hari saje o...

batam

348 posts

Posted by batam > 2015-08-18 14:15 | Report Abuse

Bought too much alrady until no money to buy when drop again tomorow

blackul66

1,334 posts

Posted by blackul66 > 2015-08-18 14:54 | Report Abuse

kekure24,19c is back liao, if lucky maybe can get 18 c today

Posted by bananalow > 2015-08-18 15:11 | Report Abuse

Market up one day... Drop gao gao for 2 days... Sentiment very weak and very bearish outlook...

Posted by Zool Khibri Abdul Khalib > 2015-08-19 00:37 | Report Abuse

Where is 0.175 aaa? When reach at this time.. Only for expert can predict wether it is good entry or not... Now im confuse again... Hahaha..

blackul66

1,334 posts

Posted by blackul66 > 2015-08-19 09:53 | Report Abuse

we will see if the management buy back at 18.5 and 19 c soon, or maybe even cp asia. I havent buy back anything yet..

JN88

11,670 posts

Posted by JN88 > 2015-08-19 09:56 | Report Abuse

Major collection or crash??.... If crash I may see many people panic selling house ...haha so far so good.... Director may go Australia vacation liao... maybe bring back two wifee...haha

JN88

11,670 posts

Posted by JN88 > 2015-08-19 09:58 | Report Abuse

Waiting 2017-18....wakakakaka

blackul66

1,334 posts

Posted by blackul66 > 2015-08-19 10:14 | Report Abuse

this german, if really confident can buy now as euro to myr has appreciate 10% since the deal.

Posted by icon999999 > 2015-08-19 18:04 | Report Abuse

Proposed disposal of 8,451,312 ordinary shares of HKD1.00 each from Ares Green International Corporation and 2,452,493 ordinary shares of HKD1.00 each from Frontken Corporation Berhad in Frontken MIC Co. Limited (FMIC) representing 60% of the issued and paid-up share capital of FMIC for a cash consideration of USD90,000 (the Proposed Disposal)

Posted by icon999999 > 2015-08-19 18:04 | Report Abuse

good o bad

Yun Kai

211 posts

Posted by Yun Kai > 2015-08-19 19:31 | Report Abuse

Short term is unfavorable as the disposal loss of subsidiary will have a significant impact to the performance of FCB once it disposed the MIC

Cost of invesment Approx RM4.45M
Proceed from disposal RM 0.36M
Loss on disposal RM 4.09M

the losses will hit to the income statement in Q3 result. assuming there is no change in EPS compared to Q1 result. the result EPS will be drag down 28%(Profit 14m to 10m) caused by the disposal loss

However, in long term that disposing a loss making company with accumulated loss of RM7.38 Solely for the year of 2014 FMIC making loss of RM3.05 million.

The Qtr 4 result is very bright , revenue may be fallen, however the profit margin will become higher as there is no more huge loss making subsi in FCB and the superb performance done by Ares Green Tech is very obvious and well known.

Please correct me if i'm wrong.

Thank you.

funitec

639 posts

Posted by funitec > 2015-08-19 23:51 | Report Abuse

Your reasoning looks good. Can hold water..

blackul66

1,334 posts

Posted by blackul66 > 2015-08-20 08:14 | Report Abuse

good news that they are getting rid of a loss making subsidiary

supernova

1,923 posts

Posted by supernova > 2015-08-20 09:14 | Report Abuse

come on 18c

supernova

1,923 posts

Posted by supernova > 2015-08-20 09:40 | Report Abuse

you can do it

JN88

11,670 posts

Posted by JN88 > 2015-08-20 09:47 | Report Abuse

Can I get cheaper to top up? No worry coming October someone will talk stupid and help to push lower...

supernova

1,923 posts

Posted by supernova > 2015-08-20 09:56 | Report Abuse

come come, need more desperate sellers to fill my Q

supernova

1,923 posts

Posted by supernova > 2015-08-20 10:23 | Report Abuse

so quiet here. lulz.........

blackul66

1,334 posts

Posted by blackul66 > 2015-08-20 10:32 | Report Abuse

make sound when it break below 18.5.....

sell

2,456 posts

Posted by sell > 2015-08-20 11:07 | Report Abuse

better sell now and wait for 10sen. I am good hearted like supernova and blackul66. Otherwise you lose your pants.

blackul66

1,334 posts

Posted by blackul66 > 2015-08-20 11:13 | Report Abuse

sell, good to know there is good hearted people like you around.

sell

2,456 posts

Posted by sell > 2015-08-20 11:16 | Report Abuse

blackul66 thank for your compliments. I am following how supernova write.

sky2

756 posts

Posted by sky2 > 2015-08-20 11:54 | Report Abuse

I view the sale of loss making co in China ? as good for the future...more so the capital is used for Ares Green expansion as they need about 30M for further expansion as highlighted by someone here before . I do hope Frontken can own 100% of Ares after delisting ......So I foresee it could hit 80M Gross Profit annually in the not so distant future..then u would say buying at 20sen is dirt cheap..........

sky2

756 posts

Posted by sky2 > 2015-08-20 12:01 | Report Abuse

BTW currently Ares Green earns 36 sen eps....and next models of Iphone should hit the market by Sept 2015

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-20 12:09 | Report Abuse

20sen? Why so many sellers at 19.5sen? I think disposal(USD 90,000) meaning Frontkn desperate for money. Better sell before drop lower. Unlike SKP Petro there is no EPF to buy to support.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-20 12:15 | Report Abuse

sky2 if EPS really 36sen as you said why Frontkn disposing Ares at only USD 90,000. You got read yesterday announcement? Are you trap here hence need to lie? Don't trust what is written here.

sky2

756 posts

Posted by sky2 > 2015-08-20 12:38 | Report Abuse

Proposed disposal of 8,451,312 ordinary shares of HKD1.00 each from Ares Green International Corporation and 2,452,493 ordinary shares of HKD1.00 each from Frontken Corporation Berhad in Frontken MIC Co. Limited (FMIC) representing 60% of the issued and paid-up share capital of FMIC for a cash consideration of USD90,000 (the Proposed Disposal)

sky2

756 posts

Posted by sky2 > 2015-08-20 12:53 | Report Abuse

OIl N Gas.......U may not see what I see........and I guess u never read the Edge also

blackul66

1,334 posts

Posted by blackul66 > 2015-08-20 14:42 | Report Abuse

oil_n_gas is just trolling laaa, no one believes him anyway

JN88

11,670 posts

Posted by JN88 > 2015-08-20 14:48 | Report Abuse

When you everyday use 1000liter oil...one day suddenly supplier say no more oil I only can supply 10liter for you wakakaka

blackul66

1,334 posts

Posted by blackul66 > 2015-08-20 16:58 | Report Abuse

Load a little bit at 19c , first re entry

Yun Kai

211 posts

Posted by Yun Kai > 2015-08-20 19:21 | Report Abuse

please don't forget there is an share buy bck for Frontken. Please throw more. dump lower. i'm waiting to see the share price that the management are willing to buy bck from the market .

blackul66

1,334 posts

Posted by blackul66 > 2015-08-21 08:48 | Report Abuse

err, probably i was wrong to buy a bit yesterday.......

JN88

11,670 posts

Posted by JN88 > 2015-08-21 08:54 | Report Abuse

There is no wrong or right ...buy stage by stage...hopefully panic sell later.... I wish to collect at lower, how low dunno depend on panic seller...take this chance as advantage ...

Meng

118 posts

Posted by Meng > 2015-08-21 09:22 | Report Abuse

grab it wgen low. frontkn just done a nice job to dispose lose money subsidiary company. profit of coming quarter will be better. d(^_^)b

Meng

118 posts

Posted by Meng > 2015-08-21 09:24 | Report Abuse

I suspected ppl don't read the announcement correctly.yeah, drop more i want grab at lower price.

dnn78

1,593 posts

Posted by dnn78 > 2015-08-21 09:25 | Report Abuse

Someone doing collection at 185

JN88

11,670 posts

Posted by JN88 > 2015-08-21 09:29 | Report Abuse

Pls Drop another 200p let me see see and 摸清frontkn的低.

dnn78

1,593 posts

Posted by dnn78 > 2015-08-21 09:40 | Report Abuse

Good time to follow at 185 :D

JN88

11,670 posts

Posted by JN88 > 2015-08-21 09:47 | Report Abuse

AhJib gor want to be second Tpiras...hahaha later next election continue win...he just learn from somebody...xboss?

newbe

1,299 posts

Posted by newbe > 2015-08-21 10:57 | Report Abuse

this is the best time to acquire more of this stock...

Yun Kai

211 posts

Posted by Yun Kai > 2015-08-21 11:11 | Report Abuse

1818 = 一發一發 :D

dnn78

1,593 posts

Posted by dnn78 > 2015-08-21 11:33 | Report Abuse

Buy Buy Buy....I'm back Frontkn :) long term

blackul66

1,334 posts

Posted by blackul66 > 2015-08-21 11:39 | Report Abuse

good to know that many people are back.....

kakisaham

7,263 posts

Posted by kakisaham > 2015-08-21 11:49 | Report Abuse

>>>>>>> 16 >>>>>>14 >>>>>>12.....>>>>8c....kikiki

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