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

Posted by Uptrendwave > 2020-09-02 16:06 | Report Abuse

CyberShot based on what you commented on Fintec?

RJ87

5,134 posts

Posted by RJ87 > 2020-09-02 16:20 | Report Abuse

Got pay. But might as well don't pay...=D

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rosetan punterking, PA dividend is fixed @ 0.02%.

rosetan

944 posts

Posted by rosetan > 2020-09-02 16:45 | Report Abuse

@RJ87,better than nothing.

rosetan

944 posts

Posted by rosetan > 2020-09-02 16:48 | Report Abuse

@punterking, far from being a dead stock. It has gone up so much! Depends on your entry point.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-02 16:51 | Report Abuse

Some of you missed the boat, and come here to throw shit comments. Don't buy just go awaylah.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-02 16:52 | Report Abuse

Who are you guys to decide if it is penny or not penny. You are not Fintec BOD. If don't like to buy, go away!

Posted by PermaiFrontliner > 2020-09-02 16:54 | Report Abuse

Yeah, true buddy. The one who had bought below 10 cent before, it's normal la up and down, rebound and break out.

Posted by techie1982 > 2020-09-02 16:54 | Report Abuse

AGM coming, should be a surprise when it comes to vote

chonloo13

59 posts

Posted by chonloo13 > 2020-09-02 16:58 | Report Abuse

Nothing surprise on upcoming AGM

Posted by techie1982 > 2020-09-02 17:09 | Report Abuse

Change the BOD , everything tumbles

i3gambler

725 posts

Posted by i3gambler > 2020-09-02 17:15 | Report Abuse

rosetan,

This PA does not pay dividend at all.
Where did you get the info/dividend 0.02%?

i3gambler

725 posts

Posted by i3gambler > 2020-09-02 17:21 | Report Abuse

Update after today closing,
FINTEC 90 days historical volatility was 121.25%,

Input Interest Rate of 2%, and Dividend Yield of 0%,

We get:
FINTEC-WA Implied Volatility is 69.1%,
FINTEC-WB Implied Volatility is 81.8%,
FINTEC-PA Implied Volatility is 0% or not meaningful as there is no premium.

Average of the above 3 Implied Volatility = 50.3%

Input this volatility = 50.3% into my spreadsheet, the results:
FINTEC-WA fair value = RM0.0403
FINTEC-WB fair value = RM0.0642
FINTEC-PA fair value = RM0.1365

Fintec

328 posts

Posted by Fintec > 2020-09-02 20:42 | Report Abuse

How to change BOD? You have Fintec>BOD?

techie1982 Change the BOD , everything tumbles
02/09/2020 5:09 PM

Fintec

328 posts

Posted by Fintec > 2020-09-02 20:44 | Report Abuse

I3 members talk cock here? None will attend AGM more true?

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-02 21:05 | Report Abuse

I seriously doubt Fintec will give dividend. They have far too many private placements out there. I am sure the placer will prefer the new fair value of fintec than the dividends. Just be patient folks.

As for PA conversion, I have thought about it for sometime.

At current price, holding PA giving you little benefits IF THE PRICE OF FINTEC FALL FROM 18C. Like today, it touched 19c but fall back to 17.5c.

Fintec mother 17.5c , PA ( 8.5c- 9c) Eventhough if you convert,can earn some, but doesn't have much effect. Mother up 1 cent, fintec also up 1c.
Does it matter?

Fintec

328 posts

Posted by Fintec > 2020-09-02 21:22 | Report Abuse

If ask more $ will Fintec shareholders dare reject like Sunway shareholders?

Fintec

328 posts

Posted by Fintec > 2020-09-02 21:23 | Report Abuse

Sunway shareholders say aye to RM1.1b ICPS issue
https://www.theedgemarkets.com/article/sunway-shareholders-say-aye-rm11b-icps-issue

5354_

4,793 posts

Posted by 5354_ > 2020-09-02 21:34 | Report Abuse

Why down today? Fintec need more PP/RI after AGM?

5354_

4,793 posts

Posted by 5354_ > 2020-09-02 21:39 | Report Abuse

No dividend bec nobody dare kick out BOD?

Posted by pineapple123 > Sep 2, 2020 9:05 PM | Report Abuse

I seriously doubt Fintec will give dividend. They have far too many private placements out there. I am sure the placer will prefer the new fair value of fintec than the dividends. Just be patient folks.

As for PA conversion, I have thought about it for sometime.

At current price, holding PA giving you little benefits IF THE PRICE OF FINTEC FALL FROM 18C. Like today, it touched 19c but fall back to 17.5c.

Fintec mother 17.5c , PA ( 8.5c- 9c) Eventhough if you convert,can earn some, but doesn't have much effect. Mother up 1 cent, fintec also up 1c.
Does it matter?

Posted by TradeNewBie > 2020-09-02 22:23 | Report Abuse

fintec no energy

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-02 22:45 | Report Abuse

5354, technical profit taking due to doji candlestick formation.

Early this morning got bankers coming in. Then afternoon softened.

Common lah

Posted by techie1982 > 2020-09-02 22:46 | Report Abuse

Suggest shareholders to vote against in the coming agm, prevent PO and RI, the bod should dispose Focus to cash up instead of PP & RI to dilute shareholders

Posted by Bilibulo > 2020-09-02 23:49 | Report Abuse

It’s so easy for big sharks to make money nowadays. Acquire loss making companies, repackage it and then share price will go up automatically.

Was searching about zouk club being sold to Tulipa group then suddenly found this news.

https://www.theedgemarkets.com/article/fintec-global-takes-control-zouk-club-kl-rm29m-deal

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-03 01:34 | Report Abuse

Zouk Club was old news. They abandoned the Zouk acquisition because the Zouk Owner trying to be funny lah. Fintec did wanted to acquire for 28mil but tak jadi later.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-09-03 01:36 | Report Abuse

https://www.theedgemarkets.com/article/fintec-global-aborts-acquisition-75-stake-zouk-kl

Don't play play with Fintec.

Fintec said the termination was due to non-fulfillment of conditions precedent, stipulated in the agreement.

why suddenly brought up this Zouk? U missing goyang in Club huh

AlfI3

1,289 posts

Posted by AlfI3 > 2020-09-03 05:22 | Report Abuse

@Bibibulo, fully agree to ur view on this note. Dey selected those dirt cheap ctrs & made wonders after some rebranding. Superb power....!

Posted by Warrenbuffet888 > 2020-09-03 08:43 | Report Abuse

Good morning ,Fintec 0150 today toward 20 cent

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-09-03 08:45 | Report Abuse

SC extends oversight to directors’ fiduciary duties
https://www.theedgemarkets.com/article/sc-extends-oversight-directors-fiduciary-duties

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-09-03 08:46 | Report Abuse

Zuok bought by Genting boss son not Fintec?

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-09-03 08:47 | Report Abuse

LKT try to find Fintec as Zuok buyer why not buy Fintec instead?

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-09-03 08:49 | Report Abuse

Lim Kok Thay sells Genting HK's Zouk to his son
https://www.theedgemarkets.com/article/genting-hong-kong-sells-zouk-group-lim-kok-thays-son-hk793m

ozzie75

8,772 posts

Posted by ozzie75 > 2020-09-03 09:36 | Report Abuse

Good thing in a way...look what Covid19 had done to the entertainment & tourism sectors..

pineapple123 Zouk Club was old news. They abandoned the Zouk acquisition because the Zouk Owner trying to be funny lah. Fintec did wanted to acquire for 28mil but tak jadi later.
03/09/2020 1:34 AM

XOX_

339 posts

Posted by XOX_ > 2020-09-03 09:46 | Report Abuse

XOX boss also have dealings(eg Focus) with Fintec why not takeover Fintec instead?

Jessgoh

1,175 posts

Posted by Jessgoh > 2020-09-03 11:30 | Report Abuse

if i got the PA how long it will take to convert to mother shares and is there and fees incurred ??

Posted by TradeNewBie > 2020-09-03 11:50 | Report Abuse

fintec losing steam

Posted by TradeNewBie > 2020-09-03 11:51 | Report Abuse

going downhill

Posted by TradeNewBie > 2020-09-03 11:51 | Report Abuse

regret no sell

Posted by TradeNewBie > 2020-09-03 11:53 | Report Abuse

it is crazy...how come high profit yet cannot shoot sky high

Posted by TradeNewBie > 2020-09-03 11:53 | Report Abuse

others loss making company shoot like nobody business

powerup89

1,694 posts

Posted by powerup89 > 2020-09-03 11:55 | Report Abuse

apa macam fintec ni...lembik aahhh....

Posted by PermaiFrontliner > 2020-09-03 12:05 | Report Abuse

Rilex le Trade noobies. It had been shoot up from 1.5 cents. It's only you enter late. Wkwkwk

Posted by TradeNewBie > 2020-09-03 12:13 | Report Abuse

boring

Sales

3,272 posts

Posted by Sales > 2020-09-03 12:36 | Report Abuse

Told you guys to take profit, never listen. Come back later.

gghaha

1,639 posts

Posted by gghaha > 2020-09-03 13:32 | Report Abuse

they r the master of controlling stk.....:)

punterking

160 posts

Posted by punterking > 2020-09-03 13:42 | Report Abuse

One word sum up .....dead

singkalin

545 posts

Posted by singkalin > 2020-09-03 14:28 | Report Abuse

All losing money company share price shoot up like hell.
Fintec profit more than 200 million cannot move.

RJ87

5,134 posts

Posted by RJ87 > 2020-09-03 15:03 | Report Abuse

I won't share how much share I have...but I throw 300K shares at 16.5sen...got one fella sapu like no tmr
hahahaha...

Good good. Don't hv to start collecting now...

Posted by chankyew50 > 2020-09-03 15:50 | Report Abuse

Wait until 30 September and see whether Dow Jones can hold, KLCI can hold and Focus can hold around Rm2.40. If all can hold, Fintec is going to have fair value gain of about Rm 800 million, that will make the fair value gain of Rm128 million just announced for Quarter ending 30 June chicken feet.

Posted by chankyew50 > 2020-09-03 15:53 | Report Abuse

But once Focus share price collapses, all will go into the thin air.

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