HamsterHuat You said Fintec must die die support RI price of RM0.08. Back in 2017 RI was also RM0.08 Fell beliow RM0.08. In fact in March this year Fintec fell to RM0.02 and only move up again because of the recent RI May again beak the RI price of RM0.08 as what happen back in 2017.
Attention everybody. FINTEC reported 3Q 2020 Net Profit amtg RM720 Million and 2Q 2020 amtg RM151 Million. Such a huge profits achieved, nobody believes? Fintec NTA now is 91.76 sen a share. Why can buy at 8 sen now? Wondering why? So cheap still got people sell.
HamsterHuat.... ha ha ha, like Malaysian property before sell in market, agent said all sold already.... but can still buy undertable, backdoor, through management, etc excuses..... anyway, we are all invested in the company, so, hope the recent 0.085 movement is engine warming up. Finger cross.
Mustang King, Fintec RM720 M is paper profit not realised. In the past I too was lured by Fintec fantastic results, good fundamentals, NTA etc Held for many years. Saw it came all the way down to RM0.025 in March before rebound. Good lesson learnt. Trade carefully. Good luck everyone in 2021.
I am having experience dinner tonight. Thank you to AT and Fintec. So many rounds of profits. I wish 2020 will not end. I am a beginner. 4 sen when I first started at AT. That was all I could afford to lose. Now my capital has shot up. Good luck everyone and happy 2021.
Musang King .FINTEC reported 3Q 2020 Net Profit RM720 Million all unrealized gain from focusd. focusd 1 years revenue 40mil profit 7mil cannot give any dividend .. if you sifu musangking will sell finish worthless focusd take 720 Million can use these money buy : retail ~ 75mil can buy AEON 5% stake consumer ~ 90mil can buy PADINI 5% stake transport ~ 140mil can buy AIRASIA 5% stake finance ~140mil can buy AFFIN 5% stake oil gas ~ 45mil can buy Hibiscus 5% stake ePayment ~ 50mil can buy REVENUE 5% stake property ~75mil can buy UEMS 5% stake logistic ~ 45mil can buy POS 5% stake construction ~ 40mil can buy WCT 5% stake Industrial Automation ~ 13mil can buy ISTONE 5% stake EMS ~ 25mil can buy KESM 5% stake
FINTEC every time raised funding from you all ..take your money squander money only help their friends buy more problem trouble company no earning no dividend company like Netx mlab vsolar dgb trive xox kstar lambo kgroup permaju seacera
Fintec is the King Fintec Big Head now...successfully did with Focus venture..
still trying to perform Magic for those penny company
Someone did point out, this time RI funding is solely for Glove Factory Setup... So...must setup Factory lah...if not SC will penalise Fintec lo.
You think doing RI without any condition kah! RI must follow as per their intention.. Any divertion will bring Hammer down on Fintec.
DGB also RI for Ping-U software and AI Vending machine BUT the OR limitdown as no Buyer... it show that DGB RI for wrong reason....not to public interest UNLIKE Fintec RI for Glove Factory.....oversubscribe as well.
Guys, Fintec is one of the substantial shareholders of AT. In addition , the new Glove factory is beside AT and the contract to build and set up the factory is given to AT . There a mention of a collaroration of expertise with AT for their new Glove Factory ... why does fintec need to set up a new Glove factory when they are a substantial shareholders of AT and can easily participate on the PP in AT to increase their stake and be a major controlling shareholders .. think ????
Your guess and as good as my guess on their future plan on their Glove factory, which happen to be beside AT factory..... there is a game plan ffor the coming months...stay tight...
kenie, your numerous posts refers. Dont you think it is a blessing in disguise that they did not venture and dump $ into those JV or venture?
Why contiune to dig out the past , when we should look forward and review their current business performance , plan and financial position if we are to continue as a shareholders of the company....
For what I care about those failed or JV or venture that failed to materialise.. I invest on their future performance and not based on their past deeds or performance....
Dont just copy and paste, post something more resourceful and useful for investor to make meaningful decision...
Kenie , please verify your facts on how fintec bought into focus and what is their cost rather that posting a sweeping statement of the same... post your findings and justify why it is a bad investment & we shall debate on it...just copy and paste and made sweeping statement, investors will just ignore your lenghty post, forthcoming ,,,
04 Sep 2020 FINTEC UNDERTAKES RIGHTS ISSUE EXERCISE TO VENTURE INTO MEDICAL GLOVE MAKING BUSINESS
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,971,299,066 NEW ORDINARY SHARES IN FINTEC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 1,577,039,252 FREE DETACHABLE WARRANTS IN FINTEC (''WARRANTS C'') ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 4 FREE WARRANTS C FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 25 NOVEMBER 2020
charlie chia...股东董事都认购一半附加股 MAK SIEW WEI 有 Subscription of AT Rights Shares 23% 346,800,000 和 ASIABIO CAPITAL有 Subscription of AT rights shares and excess rights shares 28% -421,600,000... 哈哈 fintec 的 Rights Shares 老板股东懂事都没有认购 rights shares 只有你们小小小股民在认购100% 的 rights shares...
13 Oct 2014 FOCUS ASIA BIOENERGY TECHNOLOGIES BERHAD (18,000,000 Acquired) 5.10% own already...
11 August 2017. renounceable rights issue of up to 1,163,208,800 new irredeemable convertible preference shares in ABT (“ICPS”) together with up to 116,320,880 free detachable warrants in ABT (“Warrants B”) on the basis of 10 ICPS together with 1 free Warrant B for every 5 existing ordinary shares in ABT . UTILISATION OF PROCEEDS (i) Investment in quoted securities – Focus ICPS (as defined herein) (ii) Investment in quoted securities - Vsolar Rights Shares (as defined herein) (iii) Working capital (iv) Investment in companies listed or to be listed on Leading Entrepreneur Accelerator Platform Market of Bursa Securities (“LEAP Market”) and/or incubatees to be identified
charlie chia that time don't have fosusd-pa , hahaha they use these funding from issue icps money from 5.1% everyday buying up worthless Focusd common shares until 25.16% stakes ~ 514,499,792 shares
ASIA BIOENERGY TECHNOLOGIES BERHAD SHAREHOLDERS’ AGREEMENT BETWEEN AT SYSTEMATIZATION BERHAD AND ASIABIO IN RELATION TO THE SET UP OF BIOMASS PROCESSING TECHNOLOGIES BUSINESS UNIT VIA YELLOW CHOICE SDN BHD 11 Nov 2013
ASIA BIOENERGY TECHNOLOGIES BERHAD • SUBSCRIPTION OF 20% EQUITY INTEREST IN NEXFUEL LIMITED SIGNING OF PLANT CONSTRUCTION AND LICENSING AGREEMENT BETWEEN NEXFUEL AND COOL PLANET ENERGY SYSTEMS, INC. FOR BIOMASS TO HIGH OCTANE GASOLINE TECHNOLOGY
28 Mar 2014 ASIABIO-Abridged Prospectus RENOUNCEABLE RIGHTS ISSUE OF UP TO 420,200,000 NEW ORDINARY SHARES OF RM0.10 EACH IN ASIABIO TOGETHER WITH UP TO 420,200,000 NEW FREE DETACHABLE WARRANTS AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 HELD IN ASIABIO
28 Jan 2015 CLARIFICATION ON THE NEWS ARTICLE TITLED ASIABIO MOVES INTO O&G TRANSPORTATION” BY THE BUSINESS TIMES DATED 28 JANUARY 2015 Heads of Agreement (“HOA”) with Hoe Leong Corporation Ltd. , Sumatec Resources Berhad and Reachmont Logistics Sdn Bhd
6 Apr 2015 ESOS ASIA BIOENERGY TECHNOLOGIES BERHAD (I) PROPOSED SHARE ISSUANCE SCHEME; AND (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
charlie chia WHERE O&G TRANSPORTATION business ???
He is telling us that he lost a lot in Fintec years back. He cannot forget his losses and he is very bitter. He does not know the company is no same now.
again it will be well supported at 0.08 it a matter of time before go up to 0.100 after Fintec announce Start of Glove Factory with the expertise of AT assistance....
Guys, it true that fintec has history of past failures via various JVs , new businesses etc , etc ....and its numerous rights issues , PP , ESOS etc...
However, they have got it right this time from the investment from the various cash calls which they made & it is bearing fruits now.
With the additional RI they are in a good position to pursue their next business plan ...additional the company has very little borrowing, one red flag for financial predicaments.
Their current price is at the lower end and once the weak shareholders from the current RIs are being flush out and new investors taking position in the company considering the business potential of the company, a firmer shareholder base will emerge for the upswing in price appreciation..
WC at 3 cts , at an exercise price at 8cts and with 3 years remaining tenor is a bargain buy especially the mother shares still hover around at 8 -8.5cts....it is still in the money...Last Chance Wagon...
Cheers Guys and to a better 2021...let start with fintec
Hope FINTEC will be the darling stock for 2021 with potential business on GLOVES which currently still in demand due to COVID pandemic worldwide. Still have chances for 2-3 years
Yes....since now everyone know that Covid19 now have mutated again and again. DEmand for nitrile glove still uptrend...and best part is Fintec going to have it own Glove Factory with AT Expertise and Fintec also own share in AT who are currently producing glove now.
AT share goes up ...Fintec also go up and with Fintec own glove factory Double Huat..
Remember Fintec RI this time is for Glove Factory, not such useless RI for useless venture.
DGB RI this time is for Ping-U software upgrading and AI Vending Machine wor.
Does DGB RI justified the current business model?
Fintec otherwise show this time RI is for Glove Factory venture. Fintec at least this time show it got asset lah.
Well nothing to stop fintec diverting the funds to control a large stake in DGB. Anyway let’s wait announcements when Fintec continues the glove venture
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....
jlex11
536 posts
Posted by jlex11 > 2020-12-30 21:41 | Report Abuse
What a wrong assumption that you have made...think and understand why they do this b4 you made your statement...
Cheers...
(e) Number of options offered to Directors of NETX: Nil
hahaha...boss and company colleagues also don't want buy