FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.17

Today's Change

0.00 (0.00%)

Day's Change

0.17 - 0.17

Trading Volume

7,900


16 people like this.

27,918 comment(s). Last comment by M55555 5 days ago

5354_

4,793 posts

Posted by 5354_ > 2020-11-28 05:49 | Report Abuse

Taihai why tax is important to you? Not smart company try to avoid paying tax? How about in Fintec case profit still not realised why must pay tax?

5354_

4,793 posts

Posted by 5354_ > 2020-11-28 05:51 | Report Abuse

The profit in QR can even become loss in next QR depend on Fintec owned counters share price by end of QR period.

5354_

4,793 posts

Posted by 5354_ > 2020-11-28 05:54 | Report Abuse

Taihai how about in Malaysia case capital gain from stock trading not taxable?

kkl123

1,503 posts

Posted by kkl123 > 2020-11-28 06:51 | Report Abuse

Even realised profit in shares market also tax free
no matter how much Billion S profit also tax free.
because you already pay tax for each transation.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-11-28 08:30 | Report Abuse

Look like Fintec keep giving OR so that can keep investing and pushing other stock within their family.

Smart indeed.

Rinse and repeat..

8888_

2,923 posts

Posted by 8888_ > 2020-11-28 09:20 | Report Abuse

Latest is which ctr?

HamsterHuat Look like Fintec keep giving OR so that can keep investing and pushing other stock within their family.

Smart indeed.

Rinse and repeat..
28/11/2020 8:30 AM

Reap88

681 posts

Posted by Reap88 > 2020-11-28 10:42 | Report Abuse

Fintec $720M profit is only paper profit. If Fintec were to try to realise these profit by actually selling, the share price will definitely fall as it is akin to forced selling. Are there so many buyers willing to buy those shares knowing it is Fintec unloading? I feel that the share prices of many of the companies that Fintec are holding are being artificially prop up. Do not be misled by the so called spectacular QR results

Up_again

949 posts

Posted by Up_again > 2020-11-28 10:57 | Report Abuse

Well AT and Vsolar has the right volume to unload. But why unload now,isn’t this part of incubator investing

Reap88

681 posts

Posted by Reap88 > 2020-11-28 12:07 | Report Abuse

In April 2017 ABTB (Fintec) 1.1B shares already proposed share consolidation. Now after RI Fintec issued shares even larger than 2017. Am sure eventually will announce share consolidation. In 2017 after share consolidated & RI share price dropped to $0.02 in March this year History may repeat Just be very, very careful Don’t be too caught up by all the excitement

FutureGains

10,709 posts

Posted by FutureGains > 2020-11-28 12:17 | Report Abuse

Reap88..NOW IS DIFFRENT..

FutureGains

10,709 posts

Posted by FutureGains > 2020-11-28 12:17 | Report Abuse

0.02 is becos COVID....IN march..all same..XOX 1C

Reap88

681 posts

Posted by Reap88 > 2020-11-28 13:08 | Report Abuse

Hopefully now different. If I remember correctly after the RI & Share consolidation from 2017 Fintec never really recover until now. In January this year before Covid Fintec was trading at $0.045'$0.05. Current prices being pushed up because oI RI. If prices dropped again after RI as in 2017 then must wait for again 2-3 years for another RI for prices to go up again??

jlex11

536 posts

Posted by jlex11 > 2020-11-28 13:09 | Report Abuse

Guys , there are so many naysayers , critics or " analyst' here stating their views on fintec , some of which is beyond logic..... they have their rights and views but it must make sense in what they post ... no one can stop them ....

If you are an investors particulary in fintec, it best that u decide what is good for u especially on whether to subscribe for the OR ..

Please note that the cost to subscribe for the OR is only 8cts and n the event fintec share is above 8cts when the right is listed , your are in the $... made your choice wisely...

The OR- W , that come with the right, in my opinion will be valued for at least 2 cts, taking into consideration the pricing of W in the KLSE as a whole and the pricing of Finttec WA & WB, whereby the exercise price is way above the price of the mother shares... the exercise price of WA is 30 cts & WB is 15cts pre-rights issue , please note...

Cheers ...

nuke

349 posts

Posted by nuke > 2020-11-28 13:25 | Report Abuse

@Reap88 I agree.

jlex11

536 posts

Posted by jlex11 > 2020-11-28 13:36 | Report Abuse

Guys, currently fintec shares is 10.5 cts and the price of the Warrant is as follows :

a. WA, with an exercise price of 30cts pre rights issue , is traded at appro. 4 cts ...NOte : out of money & with a huge premium over the exercise price...

b. WB , with an exercise price of 15cts pre rights issue, is traded at appro 4 cts....Note : out of money and with a huge premium too .

c. WC, the warrant to be issued with the rights issue and the exercise price is 8cts ... based on a & b above, how much do you think the Warrant C will be traded on listing ... made your own analytical and logical assessment ...

So , do your own conclusion on whether it is a good decision to subscribe to the Rights Issue at 8cts...

Cheers and good luck and hope those "logical" investor will made some profit....

Cheers..

Invest123

1,634 posts

Posted by Invest123 > 2020-11-28 14:47 | Report Abuse

I prefer to keep quiet and make money quietly.

Posted by Edwardong53 > 2020-11-28 14:51 | Report Abuse

Hi jlex11 - do you or any one have any clue what will be the exercise price for this coming WC ? If the exercise price is going to be within the range of WA and WB; then probably WC will be traded at about 4 sen too. Thanks

ctooi51

391 posts

Posted by ctooi51 > 2020-11-28 16:25 | Report Abuse

@newbieInvestora..https://tiih.online/

ctooi51

391 posts

Posted by ctooi51 > 2020-11-28 16:25 | Report Abuse

You can register on line with Tricor and subscribe using e subscription..

ctooi51

391 posts

Posted by ctooi51 > 2020-11-28 16:26 | Report Abuse

https://tiih.online/

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-28 16:31 | Report Abuse

Mr oldie99, pls be informed maximum RI of 1.971 billions shares not yet subscribe, OR buying selling still going on, expected additional listing of 1.971 billions RI is in the month of December...

Up_again

949 posts

Posted by Up_again > 2020-11-28 18:21 | Report Abuse

For the newbies, If you feel there is a lot of risk and are influenced by the naysayers.
Best way is to sell the mother now. Even if you sell it for 0.10, please use the raised funds and subscribe and pay 0.08
The WC minimum would be worth at least 0.015/0.02 assuming Fintec mother is below 0.10 in December when all the subscribed rights share float
Don’t lose this opportunity to make easy money

Reap88

681 posts

Posted by Reap88 > 2020-11-28 18:52 | Report Abuse

You are right JackMa133. As I have said earlier after the shares consolidation and RI in 2017 Fintec went all the way down until now and up again whether it is just to lure the shareholders to subscribe for the RI before another impending share consolidation (sure to come) and back in the doldrums again. Only time will tell. Everybody have to be extra vigilant and think carefully your next move. Hopefully history will not repeat and we do not get caught again

jlex11

536 posts

Posted by jlex11 > 2020-11-28 19:50 | Report Abuse

Invest 123 , that the right move..decidee it for yourself...

Edwardong53, the exercise price of WC that comes with the rights is 8cts ...u decide on what you think is the expected pricing on listing...figure it out yourself ...read my comment and I have give my view on possible pricing of the OR as well as the pricing for the WC....

Cheers and keep quiet and made Money on this counters and let the naysayer shout and say whatever they want ....ultimately ,, we know who is the loser...at the end...




Posted by Invest123 > Nov 28, 2020 2:47 PM | Report Abuse
I prefer to keep quiet and make money quietly.

MicHong99

40 posts

Posted by MicHong99 > 2020-11-28 19:55 | Report Abuse

A question here, if the announcement stated disposed of xx mil of shares on 27 Nov, does it mean that all the shares was disposed on that day alone ? Or cumulated in few days ?

jlex11

536 posts

Posted by jlex11 > 2020-11-28 20:05 | Report Abuse

Guys, if any of u have any question to ask about fintec rights issues, message me at i3 messenger and I will try to assist the best I can ..

Cheers...

jlex11

536 posts

Posted by jlex11 > 2020-11-28 20:19 | Report Abuse

Guys , this is absolutely incorrect ..get your facts right b4 you post it ,,,,,, verfiy the info yourself for genuine investors...

If you are unable to get the facts right , please do not mislead the uninformed investors

Cheers...

OSK choon post:
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..

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-11-28 21:54 | Report Abuse

Guys....wanna ask

closing price a day before ex-date for Fintec
0.105

Next day...adjust to 0.085

What the formula, how they calculate it?

Everytime RI, there will be price dip.
and slowly goes up

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-11-28 23:17 | Report Abuse

why profit so high. but share price only 10sen? undervalue?

Up_again

949 posts

Posted by Up_again > 2020-11-29 10:51 | Report Abuse

Oldie99, sell the current mother and use proceeds to subscribe rights. U get the same amount of shares and additional WC at the end. So simple

Reap88

681 posts

Posted by Reap88 > 2020-11-29 11:16 | Report Abuse

If everybody starts to sell the mother can it drop to below the RI price? If that happens should we still subscribe for the RI?

Reap88

681 posts

Posted by Reap88 > 2020-11-29 11:52 | Report Abuse

Another poser for consideration. When RI is eventually listed since there will be so many Fintec shares in the market is there a possibility that it may even drop to below RI price resulting in a lose lose scenario for everyone?

Reap88

681 posts

Posted by Reap88 > 2020-11-29 11:59 | Report Abuse

Can the price of the free warrant offset if there is an eventual fall in price of the RI? So many questions to consider.

charlie chia

2,151 posts

Posted by charlie chia > 2020-11-29 13:01 | Report Abuse

Jlex 11
How to go to I3investor messenger to get in touch with you

kkl123

1,503 posts

Posted by kkl123 > 2020-11-29 13:28 | Report Abuse

Reap 88
yes will happen if market collapse.
all gone Include maybank pbb.you loose money kaw kaw.

wee2000

246 posts

Posted by wee2000 > 2020-11-29 13:30 | Report Abuse

hamsterhuat, the formula is quite complicated if u r not familiar with the pricing structure :

Scenario: FINTEC

Assume closing price before ex-date = RM0.10
Rights share issue price = RM0.08
Right issue ratio = 5:5
Exercise price of warrants = RM0.08
Free warrants ratio = 4:5

Calculation
= [(closing price before ex-date x 1.0) + (issue price of rights shares x rights issue ratio) + (exercise price of warrants x free warrants ratio)] / (1.0 + rights issue ratio + free warrants ratio)
=[(RM0.10*1.0)+(RM0.08*5/5)+(RM0.08*4/5)] / (1+1+4/5)
= (RM0.10+RM0.08+RM0.064)/2.8
=RM0.244/2.8
=RM0.08714
Roundup would be RM0.085

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-11-29 15:20 | Report Abuse

much appreciate @wee2000.

Indeed complicated formula

pineapple123

2,472 posts

Posted by pineapple123 > 2020-11-29 18:32 | Report Abuse

wee2000, is this the price for right issue?

Reap88

681 posts

Posted by Reap88 > 2020-11-29 19:37 | Report Abuse

Sell mother if got profit. Wait until last few days of RI dateline before submitting your RI application Watch carefully mother price movement before you decide. Remember RI is 1.9B which is a lot. Good Luck everyone

jlex11

536 posts

Posted by jlex11 > 2020-11-29 20:27 | Report Abuse

guys ,the expected rights shares to be issued is only appro 1.4 billion n not 1.9 billion shares...the cash per share after the rights issue is appro 4cts per shares apart from the appro Rs1.0 billion shares portfolio that fintec has...analyse it yourself to consider your option moving forward...

Cheers...

fibonacci

250 posts

Posted by fibonacci > 2020-11-29 22:24 | Report Abuse

when is the RI Ex Date?

kenie

1,641 posts

Posted by kenie > 2020-11-29 22:27 | Report Abuse

Teng Liet Jye
最新报告惊喜非Fintec莫属。很多人觉得公司赚700M是很好的一间公司。可是赚那么多钱干嘛还会找股东要钱?公司不可以卖掉一些投资吗?就好像你跟朋友说你在股市赚了700M可是我可以跟你借钱吗?你朋友会说什么呢。

Addy Khong
很多人说fintec是大马版的伯克希尔,我不这么认为 因为巴菲特是通过投资公司成长带给股东利益,而这个很明显是做9股东
· Reply · Share · 1d
Cb King
Addy Khong 不是大马版的伯克希尔,而是大马版的亚马逊。买就对了。
· Reply · Share · 21h
Sirfoon NG
BUT I STILL INVEST FEW LOT TO KEEP AS JACKPOT
HOPE MY DREAMS COME TRUE
· Reply · Share · 1d

Sirfoon NG You are a money master putting your money at risk !
· Reply · Share · 22h
Zen MT
全马最专业的韭菜收割厂
· Reply · Share · 1d

How Hin Ting
Zen MT
给你发现了。
· Reply · Share · 15h
Zen MT
How Hin Ting 每家企业一定有它厉害之处、不然肯定ipo不了
· Reply · Share · 7h

WS Chong
我们应该给他们credit.毕竟不是每个人可以做到
· Reply · Share · 1d
Thomas Leu
FIntec 不会是大马克希尔哈撒韦。
· Reply · Share · 1d
Thomas Leu
现金流 670千
短期贷款 2千896万
current liabilities 4千507万
没业务只是搞金融!投资公司几乎都是亏钱公司根本给不了fintec 股息,只是unrealized profit 9亿2千500万 从哪里来? Focus Dynamic 一间公司股票贡献。
· Reply · Share · 1d
Thomas Leu
主要大股东
Adamas Finance Asia Ltd 31,840,000 ~ 2.26%
Ong Kim Leng 15,920,000 ~ 1.13%
Ong Eng Taik 14,270,000 ~ 1.01%
Tan Seng Chee 12,000,000 ~ 0.85%
Piong Yon Wee 10,200,000 ~ 0.72 %
Bu Yaw Seng 9,000,000 ~ 0.64%
Ho Ah Chai 6,600,000 ~ 0.47%
Teh Bee Khay 6,500,000 ~ 0.46 %
Eng Hong Palm Oil Mill Sdn. Bhd. 6,500,000 ~ 0.46%
Low Min Hing 6,400,000 ~ 0.45%

kenie

1,641 posts

Posted by kenie > 2020-11-29 22:43 | Report Abuse

Thomas Leu
FINTEC你看他从2010 集资到 2020 在10年里都做了什么业务?
· Reply · Share · 1d ·
Thomas Leu
FINTEC只会集资 做 PP,ESOS ,SIS , RI 要你们把钱投进公司就是他最厉害做的事就是他的本事敛财 !
· Reply · Share · 1d ·
Thomas Leu
你讲他是大马伯克希尔哈撒韦可是大股东才2.26%,你说奇怪不奇怪?葫芦里卖的是什么药?你问 John soh chee wen 他会给你知道!
· Reply · Share · 1d
Thomas Leu
Adamas Finance Asia Ltd 31,840,000 ~ 2.26%
你丢400万就能做大股东了 portfolio 的 9亿2千500万就是你的了? 你看你会拥有 9亿2千500万吗?你做大股东了你就会知道了我可以担保你连500百万都拿不到何况是9亿...哈哈
· Reply · Share · 1d
Thomas Leu
我懂哪几位是幕后主谋是谁!有几位就不写了应为要写来龙去脉很长!
· Reply · Share · 1d
Thomas Leu
简单一点说FINTEC好看不好吃 !
· Reply · Share · 1d

Addy Khong
谢谢你的宝贵资料 让更多人醒 不然给鳄鱼吃了都不知道什么事
· Reply · Share · 23h
Kenneth Kar Seah Lim
千王之王的味道很重啊。。。。哈哈哈
· Reply · Share · 23h
Thomas Leu
这个大棋局已经做了4年了!
目标是什么?
目的是什么?
目标又是哪一个?
哪几个老板是幕后主谋难道你到现在还不懂?
你们所有焦点还在Fintec真的傻到挺可爱!
· Reply · Share · 23h
Champ Hank
但是看他最近cash flow是deposit加现金2000多万哦我们的securities commission这么松懈吗,可以作这么大的假
· Reply · Share · 21h
Yk Lee
Thomas Leu john soh chee wen是谁呢,也是大股东吗
· Reply · Share · 12h

kenie

1,641 posts

Posted by kenie > 2020-11-29 22:43 | Report Abuse

Thomas Leu
Champ Hank 疫情期间很多公司亏到一塌糊涂要倒闭,bursa 和 sc 为了不给公司倒闭造成失业率飙高就已经放松不用什么条件让企业可以简单融资,发行股票可以去到增加50%。这些烂公司上市到现在没有可行稳定赚钱的业务,难道他们不会经营生意?
人啊不用我说..平时勤劳不勤劳管理公司有心没心想做不想做罢了!他们都是有钱花不完享受生活做工一条虫过生活一条龙在讲公司几乎都是大众的钱也是大众投的钱都不是老板的自己钱,他们肯定都是在混日子所以公司上市以来几乎年年都亏钱平时年年都集资,你们的钱一部分拿去填洞维持正常运作一部分又拿去做可以不可以行不行的业务然后顺便ang gong 一些进老板口袋。现在放松监管有用到钱没用到钱他们哪里会错过这次机会肯定火力全开集资。
· Reply · Share · 8h
Thomas Leu
Champ Hank 2000多万拿去放进asiabio capital 买股和补margin 户口,哪里还有现金!
· Reply · Share · 8h
Thomas Leu
他又不向berkshire有保险业务有不断的人买保单有不断的钱进公司然后有几十亿百亿可以投资买赚钱的好ABC公司,ABC公司可以年年派息给他们进账然后也可以等ABC公司价值增值。赚钱好公司要投资一间都要花几亿!Fintec 哪里有将的条件!只能买那些旧老板都经营到不行不行的GG公司!
· Reply · Share · 1h
Thomas Leu
FINTEC经营自己的公司从上市以来年年都亏钱都要1G 1G 了,哪里有本事经营那些GG公司?
· Reply · Share · 1h
Thomas Leu
他不止买一间GG公司,是买很多间GG公司哦...他投资了将多间GG公司股价都跌跌不休他的投资全部都亏钱他还是在要买GG公司。
· Reply · Share · 1h
Thomas Leu
他的投资唯一有赚钱只是focus!
真的是投资赚钱吗?
真的是公司有价值市场自然上给的价值吗?
· Reply · Share · 1h
Thomas Leu
你们讲他炒股赚钱!
你们炒股买了股票起了卖了钱进口袋肯定是赚,为何他一分钱都没进FINTEC账目 ,怎样叫FINTEC有赚钱!
· Reply · Share · 1h
Thomas Leu
你们看到fintec有盈利。这个在剧本里是他本来都想给你看到的那一页也是第一集最好你喜欢兴奋兴奋把钱投进公司里。Fintec 将赚钱为何老板又不买30%啊 40%啊 50%啊 60%啊...股权,你以为公司领导不知道公司账面赚整10亿啊 只有你看到懂啊 ?
为何大股东只有不到3%你不好好奇啊?
难道你没好奇心?
你说奇怪不奇怪?
剧情是有很多集的有些是制片导演不想给你看到知道的剧情。
他葫芦里卖的是什么药难道你不懂?
剧情我早就懂我不能在FB 说。
· Reply · Share · 12m

kenie

1,641 posts

Posted by kenie > 2020-11-29 22:44 | Report Abuse

Thomas Leu
你是fintec 的幕后主谋公司有账面赚接近10亿,focus都不值钱只值几千万卖掉9亿多就是fintec 的了!
为何他没卖?你不好奇啊?哈哈哈
你是fintec 的幕后主谋你会卖掉focus吗?
卖掉focus 整10亿肯定钱就进fintec了的喔....9亿多的钱 派股息那么就是97%的投资人所拥有,大股东拿不到3千万!你们就慢慢等啦...,想的的美哦......幕后主谋完全一角钱都拿不到....你说呢?
幕后主谋根本不打算卖。只给你看到很爽很爽根本不打算请你吃!

Guudi Dahal
又是老话一句, Fintech 背后的大鲨鱼,不是你们想像那样简单。 Fintech owned Focus share,Foucs 的股价去年到今年最少翻了十几倍(庄家控制价钱),账目上Fintech肯定是赚大钱,可是都是股票益价造成的,不是因为它的业绩弄得好!可以买,见好就收!
· Reply · Share · 1d ·
Timothy Lam
老闆有很多很厲害飛的公司。裡面我也中了不少。中套
· Reply · Share · 1d
Ming Cheoh
神经
· Reply · Share · 1d
Miller Khoo
留言学习
· Reply · Share · 1d
Soon On Foong
仙股就是仙股
· Reply · Share · 1d
NC Wei
right issue and consolidate..haidoulat..haha
· Reply · Share · 1d
安心安
不是觉得是好不好,只是觉得很假
· Reply · Share · 1d
Tan WS
People at fintec are prodigy in investment. No sell maybe expect it to be rm7.5b in future
· Reply · Share · 23h
Chai Fann
无良企业
· Reply · Share · 23h
Eric Lim
铁索连舟
· Reply · Share · 21h
Peter Liew
No money leh korek invested money
By right issue soon
· Reply · Share · 15h

Posted by Liang999 > 2020-11-29 23:10 | Report Abuse

Anyone using Rakuten knew when can we subscribe the RI?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-11-29 23:22 | Report Abuse

can buy or not?

JLiang

10 posts

Posted by JLiang > 2020-11-29 23:33 | Report Abuse

@Liang99, dude, if youre already an existing shareholder before ex date, go to My Account, Corporate Action Subscription

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-11-30 08:08 | Report Abuse

make life easier....sell Mother and OR once get profit...

Up_again

949 posts

Posted by Up_again > 2020-11-30 08:23 | Report Abuse

Well, I did the subscription for KGroup recently. Sitting on handsome profits. Yes there will be some selling pressure initially due to weaker holders moving on to other companies

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