Update after today closing, FINTEC 90 days historical volatility was 121.06%,
Input Interest Rate of 2%, and Dividend Yield of 0%,
We get: FINTEC-WA Implied Volatility is 74.4%, FINTEC-WB Implied Volatility is 89.7%, FINTEC-PA Implied Volatility is 0% or not meaningful as there is no premium.
Calculate the average = (74.4+89.7+0)/3 = 54.7%
Input this volatility = 54.7% into my spreadsheet, the results: FINTEC-WA fair value = RM0.0490 FINTEC-WB fair value = RM0.0718 FINTEC-PA fair value = RM0.1439
From KYY’s book, Malaysian company have a low transparency in term of corporate info. When the company make profit or receive some lucrative contracts, some management will hide them. At the same time, they will use tools such private placement and employee share option scheme (ESOS) to help their cronies, and relative accumulate shares at lower prices. Once they bought enough, their cronies will then push the share price up, they will create bullish sentiment with the use of some splendid news or financial report announcements, and subsequent sell their shares to minority shareholders at inflated prices. In my opinion, the situation of Fintec is totally similar with what KYY have mentioned in his book. Therefore, even I still believe FINTEC is undervalued and high probability that it will boost up more in the future, you guys ( the new buyers) should not chase high if it really limit up in the future or increase significantly in the future. And also, I think the current price is quite reasonable for investors to purchase. In the end, please be alert on any shares movement in fintec, do cut loss if the share price drop below it’s support point
Fintec is a clever company. They long time already buy all the stocks cheap cheap and wait for apportunity to turnaround the company. I strongly opine they have carefully selected the good background of the share companies in the market and therefore they deserve the credit.
i3gambler Update after today closing, FINTEC 90 days historical volatility was 121.06%,
Input Interest Rate of 2%, and Dividend Yield of 0%,
We get: FINTEC-WA Implied Volatility is 74.4%, FINTEC-WB Implied Volatility is 89.7%, FINTEC-PA Implied Volatility is 0% or not meaningful as there is no premium.
Calculate the average = (74.4+89.7+0)/3 = 54.7%
Input this volatility = 54.7% into my spreadsheet, the results: FINTEC-WA fair value = RM0.0490 FINTEC-WB fair value = RM0.0718 FINTEC-PA fair value = RM0.1439 01/09/2020 7:06 PM
Looking at your calculation of Fintec PA, if PA deem to be .1439c, should I convert PA to mothershare, or just hold PA is better?
l dont know what price will up till november but l know nov qr announ will be 1000millions above one thousand millions can ref to yesterday jame ng talk
@jazzz mainly investment holdings oni, as you can see from their revenue vs net profit difference but they do have a few incubatee companies worth looking into before you decide
Cannot compare Fintec with Berkshire Hathaway. Berkshire H. has core business in Insurance and its investment holdings are big money earners like Coca-Cola, Bank of America, Apple, American Express, General Motor ..........etc Fintec core business is biotechnology related fields that either losing money or sleeping. Its core investment holdings are penny stocks like AT(S), Mlabs, DGB, Vsolar, Netx, all losing money except Focus Dynamic that earned only 0.11 sens in the latest quarter with net assets at 2 sens but don't know why its share price can shoot to Rm2.40????
Chankyew. Of course can't compare bh n fintec in terms of size but they have similar biz model. Only time will tell. How long it takes bh to what it is today?
fintec for long time still a penny stock. No bonus and no dividend keep making fake buy sell volume on all its subsidiaries eg Mlab, Netx, AT, Vsolar,Dgb etc.
Need to watch Wolf of Wall Street can see pattern.
Chankyew50 comment is quite fair. Look at their portfolio to justify yourself. This is fair. Investing company dont give dividend one, they know how to use the money better. than you
There is a malaysia company listed on singapore stock exchange and looked very promising as well. It is silverlake axis and may have the potential of very high return. Just saw it and anyone can comment in it. Fintec will continue to climb next few weeks
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....
TradeNewBie
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Posted by TradeNewBie > 2020-09-01 16:06 | Report Abuse
go go go