Survivor13 nta =0.9176 , price =0.095, not tally. Fintech go go go. limit up. otherwise all FA indicator can throw to drain already. 27/11/2020 7:16 AM
dont ever look down of FINTEC bank you see now .they control bursa market now top one OR top 2 AT top 3 k grouo top 4 fintec today top 4 all are Fintec bank related company as soon as can make money is a good stock rat dont need white colour
700m profit from gain in share price of focus dynamic( also their group) so not really hard cash profit like glove companies. pls read the financial report.
Fintec -PA at 5.5 sens at this momenta should be a better bet than Fintec at 11.5 sens at this moment before the Company officially announce the adjusted new conversion price for PA due to the Right Issue. In its circular to share holder on 9 October, page 58 & 59 the conversion price of PA is likely to be adjusted from the current 16 sens to 11 sens. Wait for official announce soon. The implication is, since PA face value is 8 sens (issued price), if conversion is 11 sens, then one PA (8 sen) + 3 sen can be exchanged for one new Fintec share. At the current Fintec price of 11.5 sens, PA price rightfully should be 11.5-3.0=8.5 sens.
The only way of making money from FIntec is buy when low...then when QR announced it will spike a bit laaa..nit much yaaa a bit..during that time sell and make your money....then repaeat again from step 1...so in a year you can make money from this counter 4 times...however dont expect too much yaaa like 0.30 centa lah 0.50 cents lah...if can hit 0.15 - 0.20 consider your self very lucky liow....ok bye
At Focus current price of 67 sens, the fair value loss is around Rm100 million. At 30 September the adjusted price after the 1:3 share split was 74 sens. Anything above 74 sens will have a fair value gain for the current quarter ending 31 December 2020.
This post beow is incorrect..check the facts b4 posting...
Cheers,,,
Chankyew50 posted At Focus current price of 67 sens, the fair value loss is around Rm100 million. At 30 September the adjusted price after the 1:3 share split was 74 sens. Anything above 74 sens will have a fair value gain for the current quarter ending 31 December 2020.
In addition to what I have posted at 10:15, at the tentative new conversion price of 11 sens (wait for official announcement) one can either exchange 1xPA(8 sens) + 3 sens for 1xFintec or can exchange 11/8=1.375 PA for 1 Fintec share (instead of the current 2 PA for 1 Fintec). Rightfully the company should announce the new conversion price for both Fintec-PA and Fintec-WB on 24 November, the Ex-date for Fintec to the Right entitlement.
My read on you is good. U wanna sell. That's why I think OR is drop back to 0.5 sen bcos of people like you. U know what? if u r not careful, u gonna be trapped. I can't repeat this anymore. Operator Kangtao is also my kangtao. It's not by buying, but it's by selling.
Posted by chankyew50 > Nov 27, 2020 10:54 AM | Report Abuse In addition to what I have posted at 10:15, at the tentative new conversion price of 11 sens (wait for official announcement) one can either exchange 1xPA(8 sens) + 3 sens for 1xFintec or can exchange 11/8=1.375 PA for 1 Fintec share (instead of the current 2 PA for 1 Fintec). Rightfully the company should announce the new conversion price for both Fintec-PA and Fintec-WB on 24 November, the Ex-date for Fintec to the Right entitlement.
RJ87 My read on you is good. U wanna sell. That's why I think OR is drop back to 0.5 sen bcos of people like you. U know what? if u r not careful, u gonna be trapped. I can't repeat this anymore. Operator Kangtao is also my kangtao. It's not by buying, but it's by selling.
azfar8 take the sell order off... 27/11/2020 11:10 AM
You sounded like a sissy man, else you are a girl girl. haha
@Fundamentalist91 Totally agree. Biggest scam stock in BSKL. They make money from trading their stocks and keeping prices artificially low. All profits to themselves only. You and I are attracted but our buying won't move prices because they have billions of shares in float.And they are issuing more rights shares??!! Best to stay away and invest in other counters.
@Fundamentalist91 Totally agree. Biggest scam stock in BSKL. They make money from trading their stocks and keeping prices artificially low. All profits to themselves only. You and I are attracted but our buying won't move prices because they have billions of shares in float.And they are issuing more rights shares??!! Best to stay away and invest in other counters.
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....
Joe
1,478 posts
Posted by Joe > 2020-11-27 09:09 | Report Abuse
I think better take profit first... rather they press down the price... Don't play play with this operator...take profit...