No need hope it goes up before 4th. Normally, in this case...it will become 0 and just lapse because Everybody also suddenly also wants to sell...it's a bad gamble.
Each rights require 8 cents to subscribe. Will have free warrants WC Meaning after subscription to convert Will have 1 Fintec and 0.8 Fintec WC They are different. Rights is rights, warrant is warrant
Worry as in 2017 Fintec will drop after RI and possibly of another share consolidation because outstanding shares will be 4.5B+ resulting in ending up losing money big time again
Hello. Share consolidation in year 2017 was due to losses suffered during that time. Now company profit 720mil, consolidation doesn't benefit the company. Dont simply tembak.
After RI 4.4B + outstanding shares too large. Consolidation sure to come. Prefer to be more cautious. Your money you take the risk. $ 720M profit only paper profit. Not Realised. If cash in bank $720M & Fintec only $0.10 will sell car & house and put all in Fintec
Reap88 After RI 4.4B + outstanding shares too large. Consolidation sure to come. Prefer to be more cautious. Your money you take the risk. $ 720M profit only paper profit. Not Realised. If cash in bank $720M & Fintec only $0.10 will sell car & house and put all in Fintec 30/11/2020 11:21 AM
Copy paste information! You SHOULD BE MORE WORRY WHEN FINTEC SELL THEIR SHARES TO MATERIALISE THE PROFIT BECAUSE SHARE PRICE WILL FALL!
Hahaha, bursa got hundreds of companies with a couple of billion shares issued. Do u go around worrying about all of them?
The key worry for this counter is dilution Assuming full subscription of rights, that will dilute its unrecognized ‘NTA’ to about 50 cents. But plus point is cash balance 0.04 cents per share So we are looking at 30-40% cash up versus market cap Boleh lah invest and goreng other counter lagi. If you don’t like this model, there are other bread and brick companies in bursa.
Others scared of you not me. Rip id more suitable for you haha.
Reap88 After RI 4.4B + outstanding shares too large. Consolidation sure to come. Prefer to be more cautious. Your money you take the risk. $ 720M profit only paper profit. Not Realised. If cash in bank $720M & Fintec only $0.10 will sell car & house and put all in Fintec 30/11/2020 11:21 AM
guys dont ever say the profit not realized lah that is because of that ., selling 0.10 if you want 700m profit with realised, why not you go to HLB PBB MAYBANK lah
I am abit confuse, asuming i buy after 24 nov, that means i am not entitled for the right issue and warrant. Does that means that on 11/12, the price will be adjusted following the right issue? Those who buy in between this date is having big lost?
You are right to be worried HamsterHuat. With so many shares outstanding after RI there is every possibility may even go lower. Like you I too am worried
U guys very confusing? Right issue is right issue. Whatever mother share u have after right issue, u added into your mother share and average down. SIMPLE
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RJ87
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Posted by RJ87 > 2020-11-30 09:50 | Report Abuse
Fast fast sell OR....bcos if you don't lapse later