Once after RI completion, Fintec will have 5 billions shares and AT least 4.5 billions shares are floating in the open market, in June 2017, Fintec has done the consolidation of shares 3 into 1, I am afraid another shares consolidation will be 5 into 1 or 10 into 1,this is terrible..
Guys , my view is that if any of you have the OR, it may be a good investment risks to subscribe for it...
I took the view that the WC from the right issue is valued at least 3 cts, even if fintec drop to 9cts and more if fintec price is higher..
The OR at 1cts is equally attractive to buy and subscribe for those who have spare cash....the chances for a reasonable returns once it is listed is reasonable good..
Mr oldie99, present shares 2.865 billions shares RI 1.971 billions shares = 4.836 billions shares.. in between many warrant converted into mother shares, sorry it is a round number about 5 billions shares, even 4.8 to 5 billions shares are quite big considering more than 90 %are floating in the open market, due to hugh number of shares, prices cannot go up so management will propose share consolidation to reduce the amount of shares in order to easy to move the prices..
Making statement by referencing a slippery slope. Is very dangerous.
Just because Tan Sik Eik sapu RI means he is going to make you rich.
That equally dumb.
But I do agree if jlex11 phrase his statement, downside risk is limited. It's worth the risk. in fact, i'm more optimistic that jlex. I'm aiming 20+sen and later 50+sen. Missing two more moves only. Given so many kong kam here. Sure kena trap. The trap is not if you buy. The trap is when u sell at the wrong time.
Now, I can tell what they are doing by having numbers of hatched man around. Don't worry. There are enough stupid. You plan will still work. Not need spam my comment to go all the way up.
jlex11
I took the view that the WC from the right issue is valued at least 3 cts, even if fintec drop to 9cts and more if fintec price is higher..
1sen company consolidate 10:1 becomes 10sen. The difference? 1 sen most also drop half sen most. If 10:1 liao can drop another 9.5sen. Big difference. I understand that.
But given their current playbook; share consolidation confirm on their sleeve.
They need to put Fintec in price between above 30sen. else take profit too strong. U see peoples mentality. 10sen buy in. 12sen take profit. Bila mau sampai 20sen. U see every morning, operator come set buy queue to support the price also support until dulan.
Same mentality applied on 50sen. For 20% profit they will at least hold another 10sen.
Dont talk it's its something surprising la.
oskchoon Once after RI completion, Fintec will have 5 billions shares and AT least 4.5 billions shares are floating in the open market, in June 2017, Fintec has done the consolidation of shares 3 into 1, I am afraid another shares consolidation will be 5 into 1 or 10 into 1,this is terrible.. 27/11/2020 5:43 PM
You stupid brain interpret like that got nothing to do with me.
Plus. Noob go play noob is still noob. That I agree la.
Where? What did I pretend? At minimum, i don't play noob like you.
Stop talking to me before point out how noob u r. I can read noob like open cartoon book.
azfar8 your phrase is like that i cannot sell, you are the one pretending this and that. 27/11/2020 5:39 PM
azfar8 That your way of thinking. Dont blame others. I know what i am doing. No ordinary investor put money in Fintec? Well, maybe i am extraordinary, dont you think? Some noob sometimes just playing that they are noob. Or you have any other option on where to invest in penny stock other then this? Please name one, tell me the reasons too 26/11/2020 11:10 AM
That’s the thing that baffles me Why TF the company has to push the share price???? Fintec’s main problem is the lack of conerstone to provide stability This will change moving forward due to the rights undertaking by some investors and management. Just convert and get the free WC
FINTEC IS INCUBATOR. WHATEVER SHIT THEY CLAIMED THEIR BUSINESS MODEL AND OPUS OPERANDI, THEY TAKE MONEY FROM FINTEC SHAREHOLDERS AND BUY SHARES IN THE PENNY STOCKS AND PN17 PENNY COMPANIES.
SO, FOCUS FROM 30C CAN GO UP TO 3 RINGGIT SOMETHING. MLAB, CAN GO FROM 2.5C TO 8C VSOLAR CAN GO FROM 4C TO 7C DGB ALSO...BLAH BLAH
QUESTION:- All the paper profits cannot spend woh. Cannot materialise into real gain.
WHY AH?
SO THOSE MLAB, DGB, VSOLAR, BLAH BLAH OTHERS SHARES MOVING UP, FINTEC GORENG MADE MONEY FROM THE SKY HIGH PRICE AS THEY THROW TO RETAILERS.
WHILE THE RECEIVED REAL PROFITS AFTER SELLING THOSE SHARES IN THE PENNY COMPANIES, WHAT DOES FINTEC MOTHERSHARE GET HUH?
Steve Tan igave an undertaking to subscribe RM 15mil worth of rights. This means moving forward he will have a substantial stake in Fintec. Masa tu start realizing profits and give dividend lo
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....
MF0001
932 posts
Posted by MF0001 > 2020-11-27 15:50 | Report Abuse
REALLY WANT TO COMPARE LERH~
U SEE ENTIRE MARKET~
NOW WHERE GOT INVESTMENT HOLDING COMPANY STOCK STILL SO CHEAP?
U TELL ME LARH~
U CAN SHARE ONE COMPANY BELOW THIS PRICE~
I BUY TOGETHER WITH U~
HELP U PUMP OSO~
BUT NOT MARH!
SO BUY FINTECH LORH!
SELL LIN MEH~
SO CHEAP STILL WAN TO SELL?
KAM GONG LORH!