FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.165

Today's Change

-0.005 (2.94%)

Day's Change

0.165 - 0.17

Trading Volume

82,000


16 people like this.

27,918 comment(s). Last comment by M55555 6 days ago

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 15:56 | Report Abuse

Why Ms Lee h/phone(or Mlabs e-mail) no I received not i3 members?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 16:16 | Report Abuse

We cannot vote if use nominee account any1 here face problem like myself?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 16:17 | Report Abuse

Not many interested actual voting bec they day traders?

kkl123

1,503 posts

Posted by kkl123 > 2020-07-01 17:04 | Report Abuse

one year ago
people laugh when l say focus will up to $1
today
l say fintec will over take focus.micael TOM laugh
ask people go to bottom TOM TOM netx!

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 17:41 | Report Abuse

Why so few shares people voting today? Not allowed to vote like myself? Pls be honest haha.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 17:41 | Report Abuse

You prefer Focus up not Fintec why ah?

kkl123 one year ago
people laugh when l say focus will up to $1
today
l say fintec will over take focus.micael TOM laugh
ask people go to bottom TOM TOM netx!
01/07/2020 5:04 PM

Posted by Twinklehahaha > 2020-07-01 18:04 | Report Abuse

May I ask the target price for Fintec? Newbie here

Reap88

681 posts

Posted by Reap88 > 2020-07-01 18:59 | Report Abuse

Fintec results only paper profit. Difficult to realise. If try to sell price of these shares will definitely drop. Keep on diluting shareholders equity due to frequent conversion of PA and numeroues schemes to raise capital via PP and employees share option.

auxsin88

24 posts

Posted by auxsin88 > 2020-07-01 19:12 | Report Abuse

Today pp so tmr will drop?

super_newbie

1,261 posts

Posted by super_newbie > 2020-07-01 19:42 | Report Abuse

On behalf of the Board, Mercury Securities wishes to announce that the Board has on to-date (“Price-fixing Date”) fixed the issue price for the placement of 100,000,000 Placement Shares, being the first tranche of the Placement Shares, at RM0.0535 per Placement Share (“Issue Price”).



The Issue Price represents a discount of 9.93% to the 5-day VWAP of the Shares up to and including 30 June 2020 of RM0.0594, being the last market day immediately preceding the Price-fixing Date.



This announcement is dated 1 July 2020.

Posted by pahlawanmerah > 2020-07-01 19:51 | Report Abuse

besok drop lor

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2020-07-01 20:12 | Report Abuse

Taniah for the pp with this damn good price...
Go ahead more and more pp....

Dn good company.. Bye bye

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2020-07-01 20:15 | Report Abuse

Pp is win win situation...
Private--buy 5+sen, sold 7sen in market..
Company--get 10+m spend for salary, director fee, enjoy entertainment benefit...

Shiok....

wjc4195

394 posts

Posted by wjc4195 > 2020-07-01 21:05 | Report Abuse

I voted against with my 795300 shares another 100000 shares also voted no....where were all of you?
talk only pandai!

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 22:15 | Report Abuse

Ask Daily8 and kkl123 haha.

wjc4195 I voted against with my 795300 shares another 100000 shares also voted no....where were all of you?
talk only pandai!
01/07/2020 9:05 PM

NoEmo

1,167 posts

Posted by NoEmo > 2020-07-01 22:15 | Report Abuse

Very smart major share-holder in awarding cronies with pp at lowest possible price. All the loyal Fintec minor share-holders got cheated one more time. Nvr learn.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 22:38 | Report Abuse

Many complain in i3 yet not voting today?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 22:40 | Report Abuse

Human can lie but not Bursa news.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 22:42 | Report Abuse

1. ORDINARY RESOLUTION
Description PROPOSED PRIVATE PLACEMENT OF UP TO 282,144,000 NEW ORDINARY SHARES IN FINTEC, REPRESENTING APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF FINTEC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 2
No. of Shares 93,575,900 895,300
% of Voted Shares 99.0523 0.9477
Result Accepted
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3065064

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 22:43 | Report Abuse

Sure 795300 all yours or another liar?

wjc4195 I voted against with my 795300 shares another 100000 shares also voted no....where were all of you?
talk only pandai!
01/07/2020 9:05 PM

NoEmo

1,167 posts

Posted by NoEmo > 2020-07-01 22:53 | Report Abuse

Sth is fishy in the timing of the price fixing exercise. The company is based on the weighted average prices of the past 5 market days just b4 the approval of the shareholders in EGM. If im not wrong, price fixing exercise should commence immediately after obtaining the abovementioned approval.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 23:01 | Report Abuse

When 100 million PP shares will list? Not so soon(tomorrow)?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 23:02 | Report Abuse

5 days before 1st July all closing 6 sen how they get 5.94?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 23:08 | Report Abuse

Operator push up today so most shareholders forget today voting possible?

Daily8

3,858 posts

Posted by Daily8 > 2020-07-01 23:10 | Report Abuse

newbie5354_ AGM when? Not EGM PP 30%?
01/07/2020 3:51 PM

EGM. SORRY TYPO ERROR DUE TO SMALL SCREEN!

EGM FOR APPROVAL OF PP (30%) TO GO THROUGH. YES, IT'S PASSED WITH PP TO GO AHEAD WITH ONLY 2 VOTERS NOTED NO.

The voting session ended in less than 40 mins if not mistaken. I think whatever questions you have regarding Fintec and the subsidiaries , can be found in their reporting system.

No doubt, Fintec/ Asio Bio is an investment company, which owned only share equites, one thing I like about this company is THEY REALLY KNOW WHAT THEY ARE DOING!

It's only they go against your direction OR THEY GO WITH YOUR FLOW.

ACQUIRING COMPANIES THRU THEIR SHARES to me if a form of business too. Just like somebody said, Fintec is doing what Warren Buffet did. Bursa have no issue with them so why bother?

I am a VOTER so?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-01 23:16 | Report Abuse

969 million Fintec shares why only No. of Shares 93,575,900 895,300 voted? Less than 10% shareholders?

TheContrarian

9,497 posts

Posted by TheContrarian > 2020-07-01 23:32 | Report Abuse

Smells fishy, newbie5354 has raised a very valid point. Why only 10% bother to vote while the remaining 90% not concerned about dilution of their shares?

wjc4195

394 posts

Posted by wjc4195 > 2020-07-02 02:33 | Report Abuse

Newbie5354 - give me your tel no or email i'll show you my portfolio.

you voted?

kkl123

1,503 posts

Posted by kkl123 > 2020-07-02 06:43 | Report Abuse

FINTEC will upgrade to mainboard very soon,
listed in finance sector together with MAYBANK PBB

paultan

60 posts

Posted by paultan > 2020-07-02 08:18 | Report Abuse

Deliberate suppressed market price is to allow pp go through at a ridiculous low price
Now that that's done market price will be positive

azta12

5,594 posts

Posted by azta12 > 2020-07-02 09:07 | Report Abuse

accumulate and hold

azta12

5,594 posts

Posted by azta12 > 2020-07-02 09:19 | Report Abuse

nice.keep the pace going.

paultan

60 posts

Posted by paultan > 2020-07-02 09:24 | Report Abuse

Yr ending 31.3.20 EPS 33.86cts . NTA . .0.5131sens.
Pp only 5.94sens.. how ridiculous is that. Might as well do it for free.

azta12

5,594 posts

Posted by azta12 > 2020-07-02 09:58 | Report Abuse

collect and hold

kelvin17

565 posts

Posted by kelvin17 > 2020-07-02 10:20 | Report Abuse

zai, dont have high hope for this type of co , making 220 mil in one year yet still issue pp for 10 mil ....oh some more NTA 0.51. see this type of management still got hope ka . thats why it always stay at 6 or 7 cents only ma , can not move one

Reap88

681 posts

Posted by Reap88 > 2020-07-02 10:45 | Report Abuse

Only paper profit. If want to realise profit need to sell. When sell price drop as price increase could be artificial as few actual buyers. Was trapped last year being lured by the exceptional profit results and high NTA. Eventually more PP scheme results in more investors able to buy at cheaper price below holding cost. Expensive lesson learnt

kelvin17

565 posts

Posted by kelvin17 > 2020-07-02 11:06 | Report Abuse

sometime think of it as minority shareholder we cant do much as long as co do well and share price can move up , or pay some dividend also can . as investors we needed to make some money some how

Gunnerman

75 posts

Posted by Gunnerman > 2020-07-02 11:21 | Report Abuse

this is old man counter, not suitable for short term kaki. if u can patient with 5 years, yes u can hold it. :p

super_newbie

1,261 posts

Posted by super_newbie > 2020-07-02 12:07 | Report Abuse

sold off last half holding @0.07, breakeven, 0 gain invested for almost a year.

Daily8

3,858 posts

Posted by Daily8 > 2020-07-02 13:15 | Report Abuse

Have to find out why they didn't sell off the paper gain to materialise the profit.

But they will answer you, " We are investment holding company. We will "invest" in these companies for long term to maximise the potential of the companies"

How to counter them?

Daily8

3,858 posts

Posted by Daily8 > 2020-07-02 13:16 | Report Abuse

I have positive view on Fintec still. The management is smart and they have eagle eyes.

Daily8

3,858 posts

Posted by Daily8 > 2020-07-02 13:19 | Report Abuse

I think most here already know what is the reason you are here.

Just focus back on your reason and happy "investing" lol

greedy44444

2,497 posts

Posted by greedy44444 > 2020-07-02 13:39 | Report Abuse

Earned half a cent cabut yesterday...shld earn one cent if cabut today

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-02 13:59 | Report Abuse

Daily8 Focus, AT make $ but not Permaju,Seacera, Netx, DGB, Mlabs and even Vsolar you no counter them? Why Fintec 7.5 sen is maximum?

newbie5354_

1,303 posts

Posted by newbie5354_ > 2020-07-02 14:07 | Report Abuse

Daily8 you got ask why Fund raising never end? Komarkcorp insiders happily sell on loss QR why Fintec must buy? Why face mask business need Komarkcorp do not Fintec directly?Is it no factor y?

Frank Tan

533 posts

Posted by Frank Tan > 2020-07-02 14:33 | Report Abuse

This is very special place to come,ppl come here with only one same moto--diao kao kao- Fintec.

Fintec

328 posts

Posted by Fintec > 2020-07-02 14:45 | Report Abuse

BOD(Board of director) means bodoh? Sell 5-10 million Focus today RM 1 yesterday PP cancel?

Fintec

328 posts

Posted by Fintec > 2020-07-02 14:47 | Report Abuse

kkl123 your source said Focus next TP RM 1.5-2 possible? Why Fintec cannot sell?

Fintec

328 posts

Posted by Fintec > 2020-07-02 14:49 | Report Abuse

Focus transaction today >RM 13 million now. If Fintec manage to sell all why still need PP?

Fintec

328 posts

Posted by Fintec > 2020-07-02 14:50 | Report Abuse

Is PP need to push Focus instead?

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