Posted by chankyew50 > 2020-09-03 15:57 | Report Abuse

But if Focus were to continue with is current up trend until 30 September, fair value gain will sure to break Rm 1 billion. Don't know what game the owner play.

Posted by chankyew50 > 2020-09-03 15:59 | Report Abuse

If only he can play Fintec the way he play Focus that earn only 0.11 sen a share and net assets of 2 sens a share.

Posted by Joe > 2020-09-03 16:13 | Report Abuse

Should have sold everything at 0.18-0.185

Posted by Joe > 2020-09-03 16:14 | Report Abuse

Buy back later at 0.155

Posted by Joe > 2020-09-03 16:18 | Report Abuse

This counter...operator gave a good profit....bought 0.12 sold part at 0.18 within 2weeks made 6cents

Posted by Joe > 2020-09-03 16:20 | Report Abuse

I was thinking if goes up above 0.20 cents, then let others make the profit....

Posted by Joe > 2020-09-03 16:23 | Report Abuse

The operators might come back for another round.... Maybe pull back to 0.135. .before head on

Posted by Joe > 2020-09-03 16:26 | Report Abuse

But this is unlikely

Posted by Hidup_Anwar > 2020-09-03 16:40 | Report Abuse

Focus no sell drop.

Posted by Hidup_Anwar > 2020-09-03 16:40 | Report Abuse

Focus can sell or Fintec up only Anwar PM?

Posted by Up_again > 2020-09-03 16:59 | Report Abuse

Tunggulah, balik support then can hantam

Posted by techie1982 > 2020-09-03 17:15 | Report Abuse

Looks like a good time to buy tomorrow given so much sell.

Posted by TradeNewBie > 2020-09-03 17:33 | Report Abuse

most time operators push down price to collect more before shoot up

Posted by TradeNewBie > 2020-09-03 17:33 | Report Abuse

that's why I don't sell

Posted by TradeNewBie > 2020-09-03 17:34 | Report Abuse

a bit regret but it is okay

Posted by techie1982 > 2020-09-03 17:47 | Report Abuse

https://www.theedgemarkets.com/article/cover-story-unfathomable-rise-fb-operator-focus-dynamics-become-rm4-billion-stock

Posted by i3gambler > 2020-09-03 18:51 | Report Abuse

Update after today closing,
FINTEC 90 days historical volatility was 122.44%,

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

We get:
FINTEC-WA Implied Volatility is 72.6%,
FINTEC-WB Implied Volatility is 83.9%,
FINTEC-PA Implied Volatility is 0% or not meaningful as there is no premium.

Average of the above 3 Implied Volatility = 52.17%, input into my spreadsheet, the results:
FINTEC-WA fair value = RM0.0355
FINTEC-WB fair value = RM0.0550
FINTEC-PA fair value = RM0.1241

Posted by pineapple123 > 2020-09-03 19:24 | Report Abuse

chankyew50 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.
03/09/2020 3:50 PM


Wah Fintec 800mil gain. Beat all the GLC companies and become the next Topglove stock.

Posted by AlfI3 > 2020-09-04 08:14 | Report Abuse

Await for fresh leads

Posted by chadoengor > 2020-09-04 10:39 | Report Abuse

lets see today

Posted by Skit87 > 2020-09-04 11:36 | Report Abuse

No movement

Posted by Bilibulo > 2020-09-04 11:49 | Report Abuse

If Fintec is able to cash out some of it’s portfolios then it’s share price will shoot up. Investors realized that most of the gains are still on paper and the number of total shares increased as investors took the opportunity to convert preference shares. I guess it will stay around this price for some time. Unless there’s any major announcement or declaration of dividend.

Posted by chankyew50 > 2020-09-04 12:16 | Report Abuse

Once Fintec is above 16 sens it is better to hold the PA instead of converted 2xPA into one Fintec because PA can be treated as Warrant with conversion at 8 sens. If Fintec can up 4 sens to 20 sens, each PA rightfully should also up 4 sens to 12 sens. With 2 PA the gain is 8 sens double that of one Fintec.

Posted by pineapple123 > 2020-09-04 15:58 | Report Abuse

Looks like there are some big funds disposing

Posted by TradeNewBie > 2020-09-04 16:07 | Report Abuse

not too bad still can hold above 0.15

Posted by pineapple123 > 2020-09-04 16:15 | Report Abuse

yeah, forming hammer. But hope price can come down abit still for collection.

Posted by bullrun1985 > 2020-09-04 16:55 | Report Abuse

@RJ87, still cash rich during the armada time, when you come back to armada


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 chonloo13 > 2020-09-04 18:48 | Report Abuse

Check latest announcement guys, Fintec glove!

Posted by charlie chia > 2020-09-04 19:25 | Report Abuse

Also calling for right issue 5 share and 4 warrant for every 5 shares held

Posted by Ku2016 > 2020-09-04 19:33 | Report Abuse

gg lia

Posted by Topper88 > 2020-09-04 19:37 | Report Abuse

If I choose not to buy the new shares, can I get the free warrant?

Posted by Onechoon > 2020-09-04 20:19 | Report Abuse

Hoseh liaow

Posted by Fiend90 > 2020-09-04 20:30 | Report Abuse

sorry...don quite understamd how the 5 share and warrant work... will affect fintec to raise?

Posted by Banditos > 2020-09-04 21:15 | Report Abuse

https://www.theedgemarkets.com/article/cover-story-unfathomable-rise-fb-operator-focus-dynamics-become-rm4-billion-stock

Posted by chonloo13 > 2020-09-04 21:26 | Report Abuse

Good or bad news?

Posted by zacklee95 > 2020-09-04 21:30 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085864

FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- PRESS RELEASE - FINTEC UNDERTAKES RIGHTS ISSUE EXERCISE TO VENTURE INTO MEDICAL GLOVE MAKING BUSINESS

Posted by atmw81 > 2020-09-04 21:51 | Report Abuse

Asking money from shareholder,. If you don't buy, your share value diluted

Posted by atmw81 > 2020-09-04 21:52 | Report Abuse

If you don't get the right issue

Posted by pineapple123 > 2020-09-04 22:32 | Report Abuse

Right issue is when the company will start asking money from Shareholders. Usually depend on the value of the WA C. If it's attractive enough and you have cash, I think it's good to have the RI.

Posted by ToneeFa > 2020-09-04 23:09 | Report Abuse

5 Rights Shares with 4 free Warrants C for every 5 existing shares to raise RM 81.9m . Total rights shares issued will be 2,002,820,441 units with 1,602,256,352 Warrant C.
RM 81.9m/2,003,820,441 = 0.04 per rights share. Imagine paying 0.04 to get a rights share with 0.8 unit free warrant C. What a bargain! Meaning for every 1000 existing units u get 1000 rights shares units and 800 units warrants C for RM 40.

Posted by ToneeFa > 2020-09-04 23:11 | Report Abuse

Monday gonna fly

Posted by Warrenbuffet888 > 2020-09-04 23:56 | Report Abuse

ToneeFa,why monday will fly with right issue?

Posted by shinhuey > 2020-09-05 00:46 | Report Abuse

Fintec 可以卖掉Focus 2% 股票钱肯定够用了，可是“大老板” 偏偏 就是要跟你我股东拿钱Right Issue share还比现在股票多！！？“ 这很不对劲了”

Posted by shinhuey > 2020-09-05 00:51 | Report Abuse

拜一还来的及时跑，大家不要怕
现在母股还在0.10一毛钱以上。right issue 又跌回几分钱了

Posted by King8888 > 2020-09-05 02:30 | Report Abuse

Many investors here, this really like perdana

Posted by menort > 2020-09-05 04:07 | Report Abuse

weekend watch wolf of wall street movie.

Fintec is a scam counter.

Posted by paultan > 2020-09-05 07:13 | Report Abuse

Fintec is not a scam. Its run by very ingenious people.if you are just a hit n run person then this counter is not for
All things being equal the counter will do well.

Posted by techie1982 > 2020-09-05 08:28 | Report Abuse

A great move to cause panic selling and collect. Is time to buy more guys, seems like the BOD is worry to be voted out in coming agm

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

WarrentBuffet888 Monday fly to Holland first then from there pay for ticket to fly the moon :D

Posted by ToneeFa > 2020-09-05 09:25 | Report Abuse

I think the key question is what you think is the underlying value of this co? From there you can work out if the rights issue price of 0,04 ( colectively with your existing shares) is above or below the underlying value per share of the co after the expanded share base.