Posted by prince11 > 2021-05-11 20:39 | Report Abuse

tech is evergreen sector. always growing.
stock with good FA will growing too.
watch closely, when time is come. lets ride again

Posted by brian3381 > 2021-05-11 21:25 | Report Abuse

Sold 510 before bonus. Stil hvnt jump in yet

Posted by prince11 > 2021-05-11 22:11 | Report Abuse

yeah!! let's wait for right moment.
don't gamble.
right now everyday set new low.
wait till price stable and find good support

Posted by shearer202 > 2021-05-11 22:26 | Report Abuse

60% drop within 4 wks , how are u feeling ? This is money game not investment ! Fronken taiwan factory will be severe impact by the rising tensions between china troops n taiwan soon ! Dont be surprice if it drop to rm 1.80 !!

Posted by prince11 > 2021-05-12 00:04 | Report Abuse

where got 60% drop. just 30% drop.
right now RBS broken. near support RM2.50
let's wait for opportunity.
not affecting at all la tension between china and taiwan.
frontkn revenue come from malaysia, singapore, philippines, indonesia, thailand, vietnam, taiwan and japan.
their facility in taiwan will help them expand their range of services in taiwan which taiwan contributing 65% to their revenue.
right now, they planning to expand their business in china, europe and us.
all above mention by their ceo, nicholas ng

Posted by Citadel9999 > 2021-05-12 00:06 | Report Abuse

nice drop more so I can buy!!!!

Posted by prince11 > 2021-05-12 00:07 | Report Abuse

tech sell off right now because of inflation fears and commodities surge.
maybe this time another correction for tech since last February

Posted by prince11 > 2021-05-12 00:07 | Report Abuse

so. dont waste your money right now.
let everything settle down first

Posted by xuxu > 2021-05-12 09:06 | Report Abuse

whatever ppl talk don't believe, all sinkalan. believe yourself

Posted by shearer202 > 2021-05-12 09:54 | Report Abuse

Anything can happen during long holidays !

Posted by The Market > 2021-05-12 13:47 | Report Abuse

The bonus issue 1 for 2 after ex on the 28th April price close @ 3.20 .Before Ex 27th April price close @ 3.37 PE 60.61 .( 1 for 2 bonus base on 27th close prices 3.37+ 3.37 =6.74 /3 Ex price should be 2.247 ).But on the 28th after ex the closing price @ 3.20 never adjusted .By right the markets semiconductor sector if correction 30% should below 2.247(-30%) the reasonable prices & PE should come to 1.60 .PE 28.78 .

Invest wisely and investment take yours own risk !!!

Posted by icst1975 > 2021-05-12 14:43 | Report Abuse

MR. The Market:
FRONTKN 1:2 Bonus X-date was on 27.04.2021. Closing price on 26.04.2021 was RM5.12. Adjusted price based on 26.04.2021 closing price would be (RM5.12+RM5.12)/(2+1) = RM3.41.
On 27.04.2021, share price opened at RM3.28 and closed at RM3.37; share was traded between day high RM 3.45 and day low RM3.25. Base on 12.05.21 closing at RM 2.79, share price had declined by about 18% from pre-x price of RM3.41. Regards.

Posted by icst1975 > 2021-05-12 15:13 | Report Abuse

World semi-conductor sector is expected to see strong growth over at least the next 3 to 5 years due to 5G, IR 4.0, IOT, digitisation in numerous fronts....
At RM2.79, the annualiased PE = 48.
Market is forward looking into future earning. At projected growth of 35% per annum, at the current price RM2.79, the projected forward PE at end 2022 would only about 26.
Project PE end 2022 = 48/(1.35 x 1.35) = 26.3.

Posted by The Market > 2021-05-12 16:05 | Report Abuse

Yahoo & Klse Information Not Reliable ? :)

FRONTKN (0128.KL) Stock Historical Prices & Data - Yahoo Finance ( maybe yahoo mistake :) )

20/4 /21. Hight 3.633. To 30/4./21. Low. 3.1600

https://finance.yahoo.com/quote/0128.KL/history/

Posted by icst1975 > 2021-05-12 16:25 | Report Abuse

Yahoo finance had adjusted the historical prices before X-date of the bonus issue (stock split). This is the correct way to look at the historical prices. Otherwise it would be very misleading.

Posted by brian3381 > 2021-05-12 16:49 | Report Abuse

Icst75, any px adjusment after free warant?

Posted by icst1975 > 2021-05-12 17:19 | Report Abuse

There should not be price adjustment for the free bonus warrant which has an exercise price of RM4.0, significantly higher than the pre X-date closing price of RM3.41 on 26.04.2021. However, the downward price adjustment since then could be due to
1) more cautious market sentiment on technology stocks following the strong run up in the past 1 year.
2) possibility of profit taking by insiders and people acting on their behalf who had bought FrontKn shares a couple of months before announcement of Bonus issues.

Posted by icst1975 > 2021-05-12 17:25 | Report Abuse

The warrants would not be exercised due to the high exercise price (RM4.0) set and the high premium for exercising the conversion to mother shares. Therefore there would not be share dilution due to conversion in the foreseeable future. Any conversion would likely happen towards the end of the 5-year maturity period 03.05.2026.

Posted by brian3381 > 2021-05-12 17:50 | Report Abuse

Means the px of frontken is 419 before bonus

Posted by icst1975 > 2021-05-12 18:59 | Report Abuse

The actual closing share price on 26.04.21 was RM 5.12 before x on 27.04.2021
1 for 2 Bonus (5.12+5.12)/ (2+1 bonus share) = RM 3.41.
Bursa had pre-set a theoretical opening price at RM3.56 before trade commenced at 9 a.m. 27.04.2021.
Market, however, ignored this calculated theoretical price as there would be no conversion in the short to medium term. Following is how RM3.56 was calculated:

(5.12+5.12+4.0)/(2 + 1 Bonus share + 1 converted free warrant to mother share at RM4.0) = RM3.56

Posted by prince11 > 2021-05-12 22:52 | Report Abuse

multibagger

Posted by BatteriesNotIncluded > 2021-05-13 19:19 | Report Abuse

going back to RM1.40 @ PE25. Now PE50 too high liao. why 50? coz they are not growing fast enough. at PE50, dollar for dollar might as well buy Apple at PE 28

Posted by Targeted > 2021-05-14 19:40 | Report Abuse

.
Those who can buy and hold most of it would, after expiry, have a lot of balance fr next generation.

Posted by The Market > 2021-05-15 13:37 | Report Abuse

全球媒體關注 [ 513 全台大停電 ] !!!

https://youtu.be/J9DwyVHLPJo

Posted by The Market > 2021-05-16 04:09 | Report Abuse

台灣本土確診再+13外媒直指512股災「疫情擔憂和晶片股拋售」拖累！？

https://youtu.be/60cITyoh6JE

Posted by Raiz368 > 2021-05-16 16:18 | Report Abuse

Mkt expected strong rebound tomorrow included tech and semi con stock

Posted by Targeted > 2021-05-16 20:34 | Report Abuse

Expect TSMC to be next trillion dollar company........

Posted by xuxu > 2021-05-17 10:24 | Report Abuse

No support already ar ? haha

Posted by newbie2y > 2021-05-17 12:12 | Report Abuse

avg up further on the mother and daughter :)

Posted by xuxu > 2021-05-17 15:22 | Report Abuse

got support again hehe

Posted by Raiz368 > 2021-05-18 00:06 | Report Abuse

Very strong support to maintain above 2.70

Posted by gogogogo > 2021-05-18 04:52 | Report Abuse

Wait for 2.5 to 2.3

Posted by Raiz368 > 2021-05-18 07:48 | Report Abuse

This stock is already oversold and must be have technical rebound...

Posted by sten_still > 2021-05-18 10:51 | Report Abuse

last day to buy cheap

Posted by vincent cym > 2021-05-18 10:52 | Report Abuse

rm1.85

Posted by Huat 888 > 2021-05-18 11:44 | Report Abuse

will back to rm3.0 at least
collect b4 too late

Posted by xuxu > 2021-05-18 14:52 | Report Abuse

everyday got support hehe

Posted by Ron90 > 2021-05-18 14:59 | Report Abuse

nice..fishing at 2.70.. :-)

Posted by Sogbashen > 2021-05-18 15:30 | Report Abuse

Coming... rebound signal. Might challenge rm3 soon

Posted by xuxu > 2021-05-18 15:57 | Report Abuse

warrant move fast

Posted by xuxu > 2021-05-18 16:13 | Report Abuse

warrant very strong, tomorrow hope 0.3 +++

Posted by xuxu > 2021-05-18 16:42 | Report Abuse

portfolio turned from red to green, hehe ! tomorrow mother 3.0 warrant 0.3 gogogogo !

Posted by Sogbashen > 2021-05-18 18:18 | Report Abuse

Next week 3.5. Nasdaq futures look good. Strong rebound by Nasdaq

Posted by Raiz368 > 2021-05-18 18:47 | Report Abuse

Sure

Posted by Oliver Ooi > 2021-05-18 19:52 | Report Abuse

my fren still waiting at 2.50 and some at below 2. how about them wor...they wait and wait and comment and comment, what a waste of time.

Posted by Sogbashen > 2021-05-18 20:43 | Report Abuse

Oliver, don’t care about them... it’s normal people want lower price. As long as we are earning then ok hahaha

Posted by Fklim888 > 2021-05-18 21:22 | Report Abuse

Rm5 the best lol

Posted by gemfinder > 2021-05-18 21:53 | Report Abuse

Wait la. Wil drop below 2.50

Posted by Raiz368 > 2021-05-19 00:35 | Report Abuse

Don't be sad...those miss the boat, tomorrow will fly to above rm3.00 but still can buy

Posted by xuxu > 2021-05-19 09:59 | Report Abuse

every morning must drop one haiz