FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.17

Today's Change

0.00 (0.00%)

Day's Change

0.17 - 0.17

Trading Volume

14,000


16 people like this.

27,918 comment(s). Last comment by M55555 4 days ago

Sales

3,272 posts

Posted by Sales > 2022-01-03 14:56 | Report Abuse

You guys remember Maxwell or not? Just disappeared.

gghaha

1,639 posts

Posted by gghaha > 2022-01-04 17:52 | Report Abuse

in Bursa only u help me i help you la....where got sued cases unless both no more friendship $$$ relation lol....:)

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2022-01-04 18:21 | Report Abuse

waiting at 0.005 cent..
hahaha
That the lowest possible....impossible to drop more..
hahaha

Citadel12

1,045 posts

Posted by Citadel12 > 2022-01-04 19:20 | Report Abuse

possible, 0.005 then conso 100to 1 become 0.5 , then drop again

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2022-01-09 18:12 | Report Abuse

mana 0.005 cent ....que que
no one sell..

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-10 11:33 | Report Abuse

Lol, nani? Now 20 cents.

faizal

1,457 posts

Posted by faizal > 2022-01-10 11:44 | Report Abuse

sama netx 1.5c dekat top volume nanti bikin shares consolidation

faizal

1,457 posts

Posted by faizal > 2022-01-10 11:45 | Report Abuse

aku dulu kena kon dalam fintec punya busuk tactics

newguy0801

1,616 posts

Posted by newguy0801 > 2022-01-10 11:46 | Report Abuse

Lol, like that the operator very troll leh

suraya

77 posts

Posted by suraya > 2022-01-10 12:00 | Report Abuse

7/01/222 Fintec berhad 10 largest sharesholder

1Choi Khai Chean 101,000,000 ~ 1.93%
2 Sanston Financial Group Limited (Account Client) 69,838,200 ~1.34%
3 Chin Kiam Hsung 31,800,000 ~ 0.61%
4 Eng Hong Palm Oil Mill Sdn. Berhad 30,000,000 ~ 0.57%
5 Jason Ching Chou-Yi 30,000,000 ~ 0.57%
6 Kho Chong Yau 27,500,000 ~ 0.53%
7 Ong Kim Leng 27,329,700 ~ 0.52%
8 U UOB Kay Hian Pte Ltd ( A/C Clients ) 26,876,500 ~ 0.5%
9 Ong Eng Taik 25,000,000 ~ 0.48%
10 Chin Kian Fong 23,600,000 ~ 0.45 %

BLee

886 posts

Posted by BLee > 2022-01-10 12:17 | Report Abuse

@whistlebower99:
 FOR NEWBIES

Two penny stocks currently on shares consolidation list

1. KANGER INTERNATIONAL BERHAD
2. METRONIC GLOBAL BERHAD

BLee: Hi @whistlebower99, I think you posted in the wrong forum as both companies have nothing related to Fintec to my knowledge..

- Fintec did not announce any share consolidation. Anyway, share consolidation will not dilute any NTA as reduce in NOSH will increase in NTA proportionally..no issue.

- Fintec and some invested counters such as NETX at present on an uptrend and on the growth path; don't see the reason for consolidation..
Fintec price 52W low of 0.5sen vs this morning trading (top volume) of around 1.5sen, around 200% increase.
NETX price 52W low of 7sen vs this morning trading of around 15.5sen, around 121% increase.

Happy trading and TradeAtYourOwnRisk

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-01-10 12:27 | Report Abuse

co need money for CNY bonus......shares is worthless can generate unlimited PP & Esos later...:)

BLee

886 posts

Posted by BLee > 2022-01-10 12:47 | Report Abuse

@sunsetbiz, you are correct. The worth of Fintec is mainly from unlimited PP

jlex11

536 posts

Posted by jlex11 > 2022-01-10 13:04 | Report Abuse

the current valuation of Fintec at 1.5cts defy all odds....only applicable for those who follow the counters closely..

Cheers,,,,,,

BLee

886 posts

Posted by BLee > 2022-01-10 15:38 | Report Abuse

Back to basic, just today as at now at 100% gain from 1sen to 2sen. What will be today closing with so much volume? Interesting to watch. Not a buy, hold or sell recommendation, Trade At Your Own Risk..

gghaha

1,639 posts

Posted by gghaha > 2022-01-10 15:50 | Report Abuse

lot retailers thought this group of shares will go high like previously.....dont dream cause they wont gv you earn and cash out so easily they just want to get more cash for cny ...:)

Aurora13

563 posts

Posted by Aurora13 > 2022-01-10 19:48 | Report Abuse

Mari is time to whack it all momentum is charging

malaysia1

19 posts

Posted by malaysia1 > 2022-01-11 08:19 | Report Abuse

suraya can help chk lambo also ?

Posted by Ding HL Allan > 2022-01-11 09:51 | Report Abuse

No way Fintec can go for share consolidation as there are huge warrants and preference shares to adjust together. If Fintec goes for consolidation, their warrants will be automatically revised to WA RM1.90, WB will be RM1.00 and WC will be RM0.80 if Fintec consolidates 1 for 10, which is irrational and impossible.

Posted by Ding HL Allan > 2022-01-11 10:24 | Report Abuse

Preference Shares maturing price is set at 11 sen. So if taking pref shares together, their maturity price must also be adjusted to RM1.10 a share if Fintec goes for 1:10 consolidation. Do you think consolidation is still possible?

Posted by Ding HL Allan > 2022-01-11 10:29 | Report Abuse

Taking the above reasons that share consolidation is impossible, as such buying into Fintec at the price now of 1.5 sen is the best decision one can ever make. Opportunity like this is rare. But buy at your own risk too as Fintec is still very fond of issuing Private Placement to increase their capital inflow.

Posted by Ding HL Allan > 2022-01-11 10:55 | Report Abuse

Fyi, today I add 3 million Fintec shares at 1.5sen into my portfolio. I will keep it for long term. To all investors, buy at your own risk. No risk no gain also. Buy all these low cost houses at 1.5 sen and sell when they have prices have reached 10 sen in the future. I truly believe Fintec can easily make it to 10 sen when KLCI improves. Happy investing, everybody. Do not worry now the price is the lowest because KLCI is so down now.

Posted by Ding HL Allan > 2022-01-11 11:27 | Report Abuse

If you take a look at the history of Netx, before Netx did their consolidation 1 for 25, they do not have any warrants outstanding as at the date of consolidation in Sept 2020. Only after the consolidation, they issued their next warrants C in Nov 2020. Their warrants A and B were long expired when Netx did their consolidation exercise in Sept 2020.

williamtkb

3,216 posts

Posted by williamtkb > 2022-01-11 11:33 | Report Abuse

I'm waiting breakout 3cents only top-up more. No power then waiting @1cents

Dr Y.Raj

33 posts

Posted by Dr Y.Raj > 2022-01-11 12:15 | Report Abuse

I also top up more. February approaching.. glove factory will be ready soon. Btw, the factory is near completion ya. Can go and check at their site in Chemor, Perak!

BLee

886 posts

Posted by BLee > 2022-01-11 13:06 | Report Abuse

@Ding HL Allan: Preference Shares maturing price is set at 11 sen. So if taking pref shares together, their maturity price must also be adjusted to RM1.10 a share if Fintec goes for 1:10 consolidation. Do you think consolidation is still possible?

11/01/2022 10:24 AM

BLee: Hi @Ding HL Allan, I agreed with you that unlikely Fintec will go for consolidation as reduce NOSH will not have any beneficial effects for any future fundraising..??

On conversion/maturity of ICPS, it is not so straigth forward as just multiply by the consolidation ratio as preference shares are just like "prepaid", Fintec-PA carrying a value of 8sen and needs another 3sen to convert to 1 mother share. Upon maturity, 11 Fintec-PA will auto convert to 8 mother shares. Any changes by any exercises, below link show a very complicated formula for the adjustment..

https://klse.i3investor.com/blogs/BLee_AGES/2021-07-16-story-h1568014371-ICPS_My_investment_stretagy.jsp

Happy trading and TradeAtYourOwnRisk

Musang King

1,047 posts

Posted by Musang King > 2022-01-11 14:56 | Report Abuse

Agree with you, BLee. Conversion for Preference Shares to Mother Shares are not so straight forward, Anyhow, with Fintec Pref Shares existence, the proposal of any Fintec Consolidation is now difficult. So obvious still, Fintec has to deal not only with the existing Pref Shares but with 3 other Warrants ( i.e. WA,WB & WC) outstanding.

malaysia1

19 posts

Posted by malaysia1 > 2022-01-11 20:24 | Report Abuse

FINTEC 0150 secret info
https://messenger.i3investor.com/m/478ede540dac4d599814a49b23bd91cf

if cannot in, massagee me direct

malaysia1

19 posts

Posted by malaysia1 > 2022-01-11 20:25 | Report Abuse

FINTEC 0150 secret info
https://messenger.i3investor.com/m/478ede540dac4d599814a49b23bd91cf

if cannot in, massagee me direct

fastranger

207 posts

Posted by fastranger > 2022-01-11 21:52 | Report Abuse

Wahh secret info aso got meh

Posted by Ding HL Allan > 2022-01-12 11:11 | Report Abuse

Cannot see..Malaysia1

M55555

1,088 posts

Posted by M55555 > 2022-01-12 23:03 | Report Abuse

Crazy company. ESOS 1 cent also can issue.

VenFx

14,784 posts

Posted by VenFx > 2022-01-12 23:10 | Report Abuse

Do u ever see a kutu not hisap blood ?

M55555

1,088 posts

Posted by M55555 > 2022-01-12 23:17 | Report Abuse

2014 -right issue, 2017 Jun -consolidate , 2017 Oct -right issue !!! , 2020 - right issue again. Wah sudah banyak hisap !!!!! JAN 2022 -counter price tinggal 1 cent !!!!! Don't know apa cerita 2022

M55555

1,088 posts

Posted by M55555 > 2022-01-12 23:21 | Report Abuse

Kerja sana mesti malu.

Posted by whistlebower99 > 2022-01-13 09:45 |

Post removed.Why?

M55555

1,088 posts

Posted by M55555 > 2022-01-13 10:29 | Report Abuse

Will try luck when she goes 0.005.

CITADEL

1,867 posts

Posted by CITADEL > 2022-01-13 10:29 | Report Abuse

haha I wonder what happened to those buy and hold since two years

VenFx

14,784 posts

Posted by VenFx > 2022-01-13 11:52 | Report Abuse

After 0.005 consolidate, how not bankrupt?

M55555

1,088 posts

Posted by M55555 > 2022-01-13 11:57 | Report Abuse

Last ESOS 68,000,000 @ 0.01 . very soon will be dump to market when payment due . Now probably positioning a ultra large huge Iceberg on 0.015, show only the tip to make it attractive

M55555

1,088 posts

Posted by M55555 > 2022-01-13 22:46 | Report Abuse

Today another 20,000.000 @ 0.01 . Very soon 0.005 in the making

fastranger

207 posts

Posted by fastranger > 2022-01-14 17:45 | Report Abuse

Havent fly huh.. So much of buying throughout the week.. Sadly still need esos.. Find 1 coffin for this company lehh..

sato

310 posts

Posted by sato > 2022-01-14 19:07 | Report Abuse

ESOS ah…ESOS… money come… money come… Huat

sato

310 posts

Posted by sato > 2022-01-14 19:20 | Report Abuse

This is a ESOS printing company la, print the ticket and dump it to market; from price 11sen to 1sen, NOSH from 706m to 5,800m! ESOS can made Huge of profit for BOD la

pineapple123

2,472 posts

Posted by pineapple123 > 2022-01-16 23:05 | Report Abuse

Esos is when company Directors acquired their own shares ay cheap price. Imagine if the stock rise up to RM1, walau!! Fintec will make alot of money!

Musang King

1,047 posts

Posted by Musang King > 2022-01-18 18:28 | Report Abuse

When Fintec issues ESOS or PP, the company gains a little due to more capital inflow to the company but we feel very unfair to the current shareholders who have to share their old current capital reserves with the new ESOS or PP holders thus reduces the Net Worth Per share of the old shareholders. I understand that Company issuing ESOS or PP has to follow the price of the latest current 5 days average of the market prices of the listed shares. If the current market condition is bad, issuance of these ESOS and PP surely depresses the market prices of their own shares further. Thats why our Fintec prices keep falling from 11 sen to the current 1 sen over the period of all these issuances. Are issuance of these ESOS and PP our company's commitments or private promises that we must keep issuing them? If yes, why such issuances or offers to the ESOS or PP investors and their names are never mentioned for us to see as we are their current shareholders. I cannot see in anywhere in Fintec books or records that who and who are their new ESOS or PP shareholders. ESOS means Employees Share Option Scheme but I can never see who and who bought in the new ESOS offers all these while. WHY so secret about this. Some more no one directors are involved in any of Fintec's ESOS. HOW WEIRD? So far, NO DIRECTORS are holding any major shares in the Fintec Group after so many ESOS exercises. ANOTHER WEIRD OCCURANCE? I hope Fintec be transparent and let us know who buys into such ESOS or PP schemes so far. ANOTHER WEIRD MOMENT is there are more than 500 millions willing BUYERS in the OPEN MARKET for the period for 1 sen Fintec shares BUT WHY, Fintec still needed to offer 1 sen ESOS shares to the latest batch to their new ESOS investors amounting to 20 millions only on the 13/1/2022 where there are 500 millions shareholders waiting willing bidders waited to buy at 1 sen in the Open Market. SO WEIRD !!!!!!!?????

sato

310 posts

Posted by sato > 2022-01-19 05:29 | Report Abuse

NOSH from 706million (2018) to 5,800million (2022).
Malaysia boleh!

M55555

1,088 posts

Posted by M55555 > 2022-01-19 11:46 | Report Abuse

Already half day gone. Volume on 124,600 @0.015???? tak sampai RM2000?? Stop buying la.. If not how to make them throw the ESOS at 0.01 or better 0.005

gghaha

1,639 posts

Posted by gghaha > 2022-01-19 11:49 | Report Abuse

still many dull-witted ppl will like to try luck n wait for miracle.......:)

pineapple123

2,472 posts

Posted by pineapple123 > 2022-01-19 11:50 | Report Abuse

fintec takut orang makan dia punya share, so they buy their own shares and hold by own people.

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