PRESS RELEASE For Immediate Release FINTEC GLOVE appoints Pasukhas to construct Fintec Glove’s RM60 million main factory building To house 14 glove dipping lines with an annual capacity to produce 3.3 billion pieces of medical grade examination nitrile gloves On track to deliver on recently-announced Memorandum of Agreement (“MOA”) for distribution into European Union market with international distributor Robayu Corporation sp. z o.o. (“Robayu”) Petaling Jaya, 27 January 2021 – Fintec Glove Sdn Bhd (“Fintec Glove”), a wholly-owned subsidiary of Fintec Global Berhad, (“Fintec”) appointed Pasukhas Sdn Bhd (“Pasukhas”) for the design and build construction of its glove manufacturing plant with projected construction value of MYR60 million. The construction of main factory building is expected to commence on 1 February 2021 and production will begin in July 2021. The main factory building, strategically located on a 4.6-acre land in the heart of Chemor’s industrial site, will house 14 glove double-former dipping lines. With 14 glove dipping lines, Fintec Glove’s manufacturing capacity would be 32,000 pieces per hour and projected to exceed 3.3 billion pieces per annum. With this, Fintec Glove is on track to deliver on its recently-announced MOA for distribution into European Union market with international distributor Robayu to supply 42 million pieces monthly of medical grade examination nitrile gloves into Poland and Eastern Europe, starting in the third quarter of 2021. Simultaneously, Fintec Glove is seeing strong interest from multiple parties to sign long term contracts committing to the future delivery of medical gloves, hence, Fintec Glove believes the outlook for medical glove demand remains positive. Against a conducive backdrop for medical gloves demand, Fintec Glove expects to recuperate its capital cost within 3 years assuming average selling price of each piece of glove remains above 20 cents per piece. As the pandemic has caused the demand for gloves to spike resulting in a supply shortage, medical gloves are now selling at USD 12 cents per piece.
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%
Bought another 500,000 units at 7.5 sen whenever the opportunity comes. I saw nobody buys during the last 10 min. closing with sellers around 4 million selling at 7.5 sen. After I bought, phew.....someone big buys everything up and put in another buy waiting for more than 10 to 20 million units to buy at 7.5 sen. So funny one.
This stock without fail everyday 100m traded will almost zero price movement. So principle business activity is trade shares among their big group of market manipulators. Second activity is generate news and market announcements to appear as if they're also busy with planning the business activities of the company.
Why some of you keep asking question here like the BOD of Fintec is here to answer your question? If want to ask, just call up Fintec and ask them directly. What kind of answer you want to hear from here.
And some just want to hear good thing about Fintec Come back to reality and face it Fintec price now is 0.075 / 0.080. If talking good about Fintec here can make the price fly, I think you better slap yourself and see are you dreaming or in reality.
Got time, spend your time read Fintec announcement in Bursa website better.
No more 4 or 5 sen. It was last time before they made announcement of making RM720.5 Million in the last quarterly report. Today price of 7.5 sen should be the lowest we can get. Hope I am not wrong. God bless.
Once upon a time in BolehLand, a rich man from the city arrived in a village. He announced to the villagers that he would buy Monkeys for 100 each.
The villagers were very happy, after all there were hundreds of Monkeys in a nearby forest.
They caught the Monkeys and got them to the rich man. He bought hundreds of Monkeys and paid 100 for every Monkey the villagers gave him.
They began to make a living out of getting Monkeys from the forest and selling it to the rich man.
Soon, the forest began to run out of monkeys that were easy to catch.
Sensing this, the rich man offers 200 for every monkey. The villagers were ecstatic.
They went back to the forest, set up traps and caught the monkeys and got them to the rich man.
A few days later, the rich man announced he would pay 300 per monkey.
The villagers began climbing trees and risking their lives to catch monkeys and get them to the rich man – who bought them all.
There were no Monkeys left in the forest!
One day, the rich man announced he would like to buy more monkeys – this time for 800 each.
The villagers couldn’t believe this. They were desperately trying to get more monkeys.
Meanwhile, the rich man said he had to go back to the city on some business work and until he returns his manager would deal on his behalf.
Once he left, the villagers were unhappy. They were making quick and easy money from selling monkeys, but the forest no longer had monkeys.
This is when the manager of the rich man stepped in.
He made an offer the villagers could not refuse.
Pointing out to all the monkeys that the rich man had caged. He told the villagers he would sell the monkeys for 400 each.
“Sell them back to the rich man at 800 each when he comes back” the manager said.
The villagers were over the moon. Buy for 400 and sell for 800 in few days. They had just found the easiest way to double their money.
The villagers collected all their savings and even borrowed money.
There were long queues and within a few hours, almost all the monkeys were sold out.
Unfortunately, their happiness did not last long, as the manager went missing the next day and the rich man never came back.
Many villagers kept the monkeys with them, hoping the rich man would come back. But soon, they lost hope and had to let the monkeys back into the forest as feeding and taking care of the noisy monkeys became extremely difficult.
U meant ESOS will pull down d prc? It shud b used to entice employee to contribute stay long w d company, so tat dey cud b rewarded when loyal mplyees add values to d comp?
Personally feel that ESOS is a good sign, mean that the boss have certain confidence on the share price. the boss has no reason the cheat employees to buy his stock at unreasonable price. cheating employees will only loss for confidence toward company, in other way, if company help employees to earn more, they will work harder for company. just personal view only.
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....
bjgdila123
3,470 posts
Posted by bjgdila123 > 2021-01-27 23:06 | Report Abuse
ada botol ka ini co, cakap itu ini, halaga saham junam. pui