The only big surprise here is that the Fintec management still see fit to buy more Focus instead of trimming their 25% stake. This management must be among the few to believe that Focus is worth its RM4b capitalisation.
recovery The only big surprise here is that the Fintec management still see fit to buy more Focus instead of trimming their 25% stake. This management must be among the few to believe that Focus is worth its RM4b capitalisation. 17/02/2021 12:15 PM
AT Systematization share price up 15 to 20 % this morning due to official opening by Perak MB and good QR report, however Fintec is a major shareholder of AT and the share price of RM 0.07 is very cheap... Your choice..
FINTEC NTA is only based on paper gain, majority income is from the investment on FOCUS, FINTEC already gain big, but they never sell some FOCUS share to distribute any dividend to the shareholder, all they do is only keep issue shares and dilute the share worth, first consolidate the share (ASIABIO) then RI and warrant, recently another round of RI, really con company
AT Systematization Berhad is pleased to announce that its wholly owned subsidiary, AT Glove Engineering Sdn. Bhd. (“AGESB”) has on 23 February 2021 entered into a Memorandum of Understanding with Kenteam Sdn. Bhd. (“KSB”) whereby KSB engages AGESB to manufacture and supply nitrile examination gloves.
The Edge reported AT have been engaged by KSB to supply up to 30 millions boxes of Nitrile Gloves to be exported to United States, Europe, Canada etc... Wow 2.5 millions boxes per month..
cutloss, take profit from this stock....use that money invest in airasia 100% sure profit, now price 90cent, sure fly to rm2 at least if domestic travel allowed by gov. first come first serve, fast join when price less than rm1
Cause baby, you're a firework Come on, show 'em what you're worth Make 'em go, "Oh, oh, oh" As you shoot across the sky Baby, you're a firework Come on, let your colors burst Make 'em go, "Oh, oh, oh" You're gonna leave 'em all in awe, awe, awe
looking at the cross shareholding between AT & Fintec and the close proximity of their factory, etc2, expect some form of corporate deal between the 2, once the factory is up & running ...for economy of scale management ,company size and market share...just my thought... that when the excitement starts...
With the various naysayers on prospect of glove business, I am of the view that it is there to stay for the time being...
Jlex11, daily products and health care products are essential items forever, AT and Fintec are cash rich with Glove business, the profit growth prospects is great..
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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....
Weechuan888
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Posted by Weechuan888 > 2021-02-16 21:11 | Report Abuse
Twinkle don’t dream la...BSLCORP better look like going up soon