please please no bad mouth here, we all learning here and try to make money together! Just clarify it, the answer only has one.... Since after RI, the NTA of Fintec was big diluted but at the same time, PA can not be affected due to it's properties :"peference share", therefore the value of the PA still maintained but the conversion ratio/price was change to 11cents.
Woow, it is not easy to spend so long time to finish reading u guys debating on a small little issue. Lots of opportunities were gone & missed out during d debates, let's focus on Ur circle of competence to mik $ & dun waste much time on arguemns.
Time wait for no tide, got to MOVE ON quick to avoid disappointment guys
Why dont fintec sell the focus stake? Focus is more than 1000x pe, unless it's another tesla i can understand but seems like there's not much prospect in holding onto focus
what is NTA? sorry noob here. I see so many ppl doing so called calculations, wb vs pa, i just want to know 1 thing, how much fintec can potentially rise to? can hit Rm1?
i saw on simplywall fintec fairvalue worth around rm1.30 that's why i invested in this company.
Last time when Adventa only RM0.4+ I saw on simplywall the fair value around RM1+, that's why i invested and made money there. But now fintec seems like the most interesting counter in all of bursa at the moment.
RJ87, bro, sorry to tell you you need to change remiser liao, ....yours one langsong tak boleh pakai.... my remiser checked with Registra ( not apa relationship...) confirm Chankyew and Jaynetan are correct.....you can save some penny when you do conversion..
I believe today is last day for RI payment. Let's see how many RI will be subscribed Max will be about 1.97 B which means after 28 December when the RI are listed let us hope that there will not be an avalanche of sellers wanting to take quick profit
Guys, ignore the naysayers and the busybody who held on to his old midset , let it be n no point trying to clarify the matter further ....i believe we can expect fintec to perform better next week after the contra players have been flush out for those who chase the shares this week ...
there 2 types of remisiers/dealers 1. professional, keep on learning and always update and upgrade themselves 2. just act as middle man/woman , just know to buy and sell on directive from clients, never be bother to update themselves, telling clients to buy or sell on tips, never ask or provide clients basic knowledge on stocks,
and so there are many types of investors/attitude/behavior
My gut feelings tell me that in the coming two weeks b4 listing of the RI and warrants, many are going to curse themselves for selling off their shares and using the proceeds to subscribe for the RI.
masterHuat, u are a naysayer in whatever forum u r in...sorry to say that....u view is irrelevant ...guys check what he post b4 n decide for urselves...none of which is factual ..but purely ur irrelevent views s I have concluded ...sorry to say that ...
If you dare take me on....
Cheers guys...we will have a good next week....huat la...
guys FOCUS split and right and up up up to 0.75 nosh 6.13b market cap$4.60b fintec 25%=$ 1.15b AT UP UP also others komark .......... today fintec market cap only $286m Ri listed if maintain 0.10 market cap of fintec is only 574m less than fintec own 25%focus $ 1.15 b others fintec group not in. and fintec now part time make gloves.to mske some pocket money to give dividen at end 2021
Q4 2020 announce on end feb2021 will be 1B ONE BILLION. still cannot over take top glove 2bplus hope one more year when fintec glove growing may over take top glove . wait one year to become top one finance counter
Woahhh....if this really come true. I will be very very very happy man. Hahahaha.
Sell all Focus 1.15B and park in the balance sheet; 50sen straight. Until they do that, it's gonna stuck at 10sen la.
kkl123 Q4 2020 announce on end feb2021 will be 1B ONE BILLION. still cannot over take top glove 2bplus hope one more year when fintec glove growing may over take top glove . wait one year to become top one finance counter 12/12/2020 4:01 PM
JP Morgan pegs Top Glove a fair value of RM3.50 with an underweight recommendation as it sees the passing of supernormal growth cycle for glove makers in anticipation of a hugh oversupply in the market as glove demand decelerates in tandem with the pace of testing for Corvid 19 JP Morgan analysis indicates glove sector is a crowded trade implying significant downside momentum. Once Malaysia lifts the short selling ban downward pressure could be amplified
mr huat l agreed with your calculation it may happen on 28/12/20 because many people want to take profit they will sell off at 0.095 to 0.090 make even at share but make free wc they can sell off means somepeople will buy up who buy? bankers buy and will push to sky later using news 1b profits AT FOCUS business growing fintec glove running etc.... repeated if you only make 100%profit by next year june, you are really BAD BAD BAD luck!
share market make money need luck next year june klse may up to 2000or may drop to 200 gloves price may increase by another covid 21 or may drop back to 2018price
Well looking at past week, there is no forcing la. Investors sell mother to use proceeds to subscribe OR. Smarter ones use proceeds to subscribe EXCESS Rights. Like you mentioned, more than 2billion options, which requires Rm 160 million at least. So some investors sold and lessen risk while booking future profit through the warrant. Even at 2-3 cents, it’s good money.
There will be some price volatility, but price should settle within the week
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....
jaynetan
1,493 posts
Posted by jaynetan > 2020-12-10 17:42 | Report Abuse
you win