Hahaha they are forced to hold the investment shares, else nonsense like focus, AT and sanichi will crash. They also used lambo shareholders money to buy kstar
Another ESOS exercise today for new 67 millions shares at the average price of 7.8 sen. This exercise made Fintec richer by RM 5.226 million cash richer. I wonder who actually buy all these shares at ESOS level. No name mentioned.
The problem with Fintec is nobody even their own BOD believes Fintec making so much monies in the stock market recently. That's why we can still buy Fintec at 7.5 sen and 8 sen now. Isn't it a MIRACLE.???
Either we are all easily cheated by Fintec or in another word, nobody sees Fintec is really making tonnes of monies. Even their Quarterly and Annual Reports are actually fake accounting according to our Bursa investors. How funny?
All this negative talk on the BOD is unnecessary. If got proof, how to the authorities. Many sour grapes here have lost money on this stock. Too bad lah.
NSOH 3.1B come 29 Jan. When ESOS, SIS ever going to end? Why Fintec cannot just lock in some of the RM700M profit announced last QR instead of issuing 120M shares just to raise only RM9M? There is no justification for the capital dilution when the sum involved is only RM9M.
Assuming your holding cost is RM0.12 & SIS is issued at RM0.08 as a shareholder you will rugi as that lucky person is given the opportunity to buy so much shares at a price lower than your cost. The increased in NSOH will result in capital dilution as well as greater free float. All these issues will make it even more difficult for any price appreciation.
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....
PH_better
602 posts
Posted by PH_better > 2021-01-21 10:16 | Report Abuse
PNEPCB gloves what stage RJ87?