Just a guide to help those are new. If got Additional Listing ESOS or be it conversion or any PP must becarefull better verify the price. It is not everybody got holding power,if the few days big vol got ppl buy cannot got out,then..finish....Unless there are good news to support or even make it higher.
Agree with you @Elitetrader, super super low PE and cash rich and low debit counter, in the current KLSE environment, other rubbish counter with hundred over PE.i am look god Fintec will be boost to RM 15 Aat least soon.Go and grab as much
REPOST : FINTEC (Share issued 04/08/2020 = 1,339,703,455) invested in the following companies as at 04/08/2020
1. Focus Dynamics 517,199,792 shares and market price at RM1.60 = RM 827,519,667-20 2. Seacera 92,273,000 shares and market price at RM0.260 = RM 23,990,980-00 3. Netx 264,457,713 shares and market price at RM0.015 = RM 3,966,865-70 4. Mlab 75,100,000 shares and market price at RM0.065 = RM 4,881,500-00 5. DGB Asia 55,700,000 shares and market price at RM0.070 = RM 3,899,000-00 6. AT System 421,600,000 shares and market price at RM0.105 = RM 44,268,000-00 7. Vsolar 61,491,700 shares and market price at RM0.045 = RM 2,767,126-50 8. Komarkcorp 40,880,000 shares and market price at RM0.735 = RM 30,046,800-00
total valuation for all companies are RM 941,339,939-40 less borrowing estimated as RM20 Mil. =RM 921,339,939-40. FINTEC valuation per share is RM 0.688.
FINTEC (Share issued 07/08/2020 = 1,354,232,455) invested in the following companies as at 07/08/2020
1. Focus Dynamics 517,199,792 shares and market price at RM1.82 = RM 941,303,621-44 2. Seacera 92,273,000 shares and market price at RM0.265 = RM 24,452,345-00 3. Netx 264,457,713 shares and market price at RM0.015 = RM 3,966,865-70 4. Mlab 75,100,000 shares and market price at RM0.070 = RM 5,257,000-00 5. DGB Asia 55,700,000 shares and market price at RM0.075 = RM 4,177,500-00 6. AT System 421,600,000 shares and market price at RM0.100 = RM 42,160,000-00 7. Vsolar 61,491,700 shares and market price at RM0.050 = RM 3,074,585-00 8. Komarkcorp 40,880,000 shares and market price at RM0.820 = RM 33,521,600-00
total valuation for all companies are RM 1,057,913,517-14 less borrowing estimated as RM20 Mil. =RM 1,037,913,517-14. FINTEC valuation per share is RM 0.766 Happy Trading !!!!
Warrenbuffet888 @Jamessool you calculation is accurate with base of PE 1, imagine the share price of Fintec if PE 50 with current hot market KLSE...how much return for genuine Fintec investor will get soon?
@Warrenbuffet888 PE50 not quite possible since its all paper gain and directors seem not to be interested to realise the profits anytime soon hence will deter potential investors since Fintec is notorious for leaving profits only for themselves. However the prospect of them realising even half the profits seem very lucrative :P
On 11 June 2020, 12 June 2020, 15 June 2020, 18 June 2020, 19 June 2020, 23 June 2020, 24 June 2020 and 25 June 2020 disposed in aggregate 321,600,000 Warrants C of AT Systematization Berhad (“ATS”) for an aggregate sum of RM17,499,022.05 (“Disposal Proceeds”) in cash to the open market (hereinafter referred to as the “Disposal”).
with the pa once above 0.08 you can use one pa plus 0.08 cent to convert to mother share dont need 2 pa to convert , thats why its a great advantage to buy and keep pa if price above 0.08 . of course the mother share must move higher than 0.16 only worth convert say 0.2
Kelvin17 You are absolute correct If mother crossed over 20 Cts You can use 1 PA with 8 Cts cash instead of 2PA So PA will fresh a better price once mother share crosses over 16 Cts Watch out tomorrow for PA
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
5354_
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Posted by 5354_ > 2020-08-07 16:13 | Report Abuse
Komarkcorp even 100% gain.