@ahbah, good. I did play-play also, hoping PP investors will need to pay more for 5 day trading average price for the next tranche. There is no point of bringing the price down benefitting PP investors unless.....!! Happy trading and TradeAtYourOwnRisk
Just a simple bonus proposal will trigger limit up. No need to have the actual Bonus Issue. Tell me, Fintec now is already 2 sen. Where got Private Placement or ESOS anymore? The only possibility is to propose BONUS ISSUE as Fintec NTA is now 36.26 sen a share. Honest I am speaking from an Accountant point of view.
Buy more to keep if you have the money. Another possibility of limit up if suddenly our Malaysian KLSE index moves up to 1800 points. Imagine how many market shares of quoted public companies Fintec is now holding. By then, every Tim, Tom and Harry public shares will go up that time. Excellent move if you all accumulate Fintec now. 2 sen where to get. They simply gave them to their own associated affiliates, own staffs and their management now by private placements and ESOS.
Hi @whistlebower99, this will be the final tranche, it will be no more discounted PP issuance in the near future. Only problem will be at least one quarter most likely few hundreds million 'paper loss' due to the Focus D investment retreated from around 65sen to today of 5.5sen still not accounted in any QR.
What an interesting yo-yo show today!! Finally will it up or down on the pendulum?
this stock is going to be interesting stock.. you can buy 1c few millions... there will conso soon... then you can win some....and trade during that period like pasukhas....
most probaly 20in1 then will be 20C TO 25C....THEN DROP TO 13C...THEN ANNOUCE GOOD RESULT THEN GO UP TO 45C... THEN DROP...TO 14C LIKE NETX....
28/09/2021 3:25 PM
BLee: Hi @HOMESOY, If that case, needs to buy & sell many times, untung nya IB
@CUTLOST: Next 0.0149 new listing coming
15/03/2021 4:17 PM
BLee: Hi @CUTLOST, see announcement on completion of latest PP. Next PP if after end of 2021, not so easy approved.. Link: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/3431303 ... the Private Placement has been completed following the listing and quotation of 255,132,900 Placement Shares, being the fourth and last tranche of the Private Placement, on the ACE Market of Bursa Securities on 28 September 2021.
The more Fintec drops, the more I buy. I dont bloody care what the management are doing. If they all cheat, they all will go to jail. If they cannot go to jail, I will curse them to HELL.
TO JAIL OR TO HELL. LET THE DIRECTORS CHOOSE THEMSELF. IF THEY REALLY CHEAT WITH INTENTION, I WILL PRAY AND PRAY AND MAKE SURE THEY MUST ACCOUNT FOR THEIR GREEDY ACTIONS. NET WORTH OF 36.26 SEN A SHARE CAN MAKE IT GOES DOWN TO 1.5 SEN A SHARE IN THE MARKET. YET, SECURITIES COMMISSION DIAM DIAM.
MusangKing. Your logic is interesting. If they used all the money they had raised from PP and esos for investment in other companies, there may come a time for a bull run and the company may makes billions. Question is can the bull run ?
My Logic is every PLC active company shares have value if it is an active Going Concern. If you look at Fintec, it is not dormant. It actively buying other plc stocks and actively issuing private placements and ESOS. How can their shares go to 1.5 sen? Their Net Worth per Share is now 36.26 sen. If their directors keep approving PP and ESOS to increase their Paid Up Capital and also there are "People" or "Invisible people" investing in these PP and ESOS, why should the price goes so low as 1.5 sen.??? No sense unless there are Directors and Management inside Fintec doing the magic to scam the Company's Reserve and share them to the new PP and ESOS investors. Even if the PP and ESOS investors are FAKE, still it is a good news to the Fintec as Fintec is getting more and more cash flow in into their Bank Accounts. OKAY, if let say, the Fintec directors and management team still are not satisfied to pushing the shares down to 1 sen, there is still 0.5 sen a share to push. Well, by that time, you all should buy as many shares as possible as this opportunity never happen before on Earth. Bear in mind, FINTEC is not a dead company or a Fake Company like those Chinaman Listed Companies in Malaysia.
If really one day, FINTEC goes bust as we all Investors are scammed by their directors. We can still go look for them to slaughter them to pieces openly in the PUBLIC as GOD will never never forgive them in the first place. The lists of Directors of Fintec are as follows.
BOARD OF DIRECTORS DATO’ SERI ABDUL AZIM BIN MOHD ZABIDI YM TENGKU AHMAD BADLI SHAH BIN RAJA HUSSIN Independent Non-Executive Chairman Non-Independent Non-Executive Director ONG TEE KEIN TAN SIK EEK Independent Non-Executive Director Executive Director CHU CHEE PENG Senior Independent Non-Executive Director
BLee, I am new here. What do you mean by "Only problem will be at least one quarter most likely few hundreds million 'paper loss' due to the Focus D investment retreated from around 65sen to today of 5.5sen still not accounted in any QR." In another word, NTA of RM0.3626 is not true, right?
lolz oh oh yrah, loss almost 1b, nta back to 7c, that is true when total share is 5b. everyone ready guys for 0.005 to 0.01c lolz. bet big small lolzzz. it is a cycle, that y they they done all the pp n esos before q? lololzzzz
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....
ahbah
6,236 posts
Posted by ahbah > 2021-09-23 11:32 | Report Abuse
Dumping at 2 sen onli, very chip lah ?
Just collect some, please.