@investor2021trading, agreed with both your statement. Just be a little patient (not the one in hosp!! haha).

I will try post market participation status although 'good' or 'bad' as I opined consolidation phase for Focus passed ...

Foreign funds continued as net buyer? Yesterday (26 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    42.9         1,252.0                 1,542.4           -290.4
Retail              31.1          1,000.7                 1,021.1             -20.4
Foreign           26.0          1,001.3                    690.5            310.8
Total              100.0         3,254.0                 3,254.0                 0.0

Good days delay coming for Focus D? Half morning down 10% (no last minute push up).

Happy Trading.

@investor2021trading, @KLLee_0110

agreed with u it's pointless writing if d share price don't go up! i see ur anger n frustration in Focus n Saudee!
27/08/2021 10:37 AM

BLee: My opinion is if we own the shares (I own Focus-PA only at slightly above 1 sen), as in team competition Liverpool vs MU/MC, be a good cheerleader supporting our selected team (share counter)..
Happy trading.

Foreign funds continued as net buyer? Yesterday (25 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions    43.9        1,176.9                  1,365.9           -189.1
Retail              34.5           974.1                   1,021.6             -47.4
Foreign          21.6           743.4                      506.9            236.5
Total            100.0        2,894.4                   2,894.4                 0.0

Good days are coming for Focus D? Yesterday half morning up 22.2%. Today half morning up 10% from yesterday 5 sen closing (last 1 lot push up at 5.5 sen!!) .

@investor2021trading, always good to take profit. No need worry if price go higher, a bird in hand worth many in the bushes.

Happy Trading.

swimwithsharkss @BLee Good morning, yes your calculation is absolutely correct.
26/08/2021 9:16 AM

Good Morning @swimwithsharkss, a bit bz this morning, now only free to look at share market...
Good write up on construction forecast. Ageson will be bz for the next 15 years in Perak town ship development. Contract signed and 100k payed for the development commitment. If cannot export sand now, this development still required lot of sand; so might not be a problem..

Happy trading.

@scrown: Correct me if I am wrong. ICPS conversion is surrender one ICPS. +0.12 to get mother shares. However, ICLS conversion is surrender one ICLS (cost $0.025) +$0.10 to get mother share and not minus out your original cost of $0.025 or four lots of ICLS to one mother share. Is it true?

25/08/2021 12:18 PM

BLee: Before ICULS revision, both ICPS and ICULS subscription price at 1 sen each. The difference only on the conversion ratio of 13:1 and 10:1 respectively. With the proposed revision, ICULS subscription price changed to 2.5 sen (higher upfront value) and ratio of 4:1. Therefore, one of the method is to surrender 1 ICULS plus 7.5 sen (equivalent 3 x 2.5 sen) to make up the surrender value of 10 sen.

Reference: PDF link at https://www.klsescreener.com/v2/announcements/view/3407373 Page 4 of 68

(ii) A combination of such number of ICULS and cash with an aggregate value equal to the ICULS Conversion Price, subject to a minimum of 1 ICULS, and paying the difference between the aggregate value of the ICULS surrendered and the ICULS Conversion Price in cash for 1 new Share.

Assuming the ICULS are fully converted into new Ageson Shares at the ICULS Conversion Price by surrendering 4 ICULS to be converted into 1 new Ageson Share.

The conversion price of ICULS of RM0.10 each, which shall be
constituted in the Trust Deed and subject to change from time to time pursuant to the provisions of the Trust Deed.

The issue price of ICULS of RM0.025 each.

Happy trading

Foreign funds start as net buyer? Yesterday (24 Aug., 2021) trading status:-

Participation   (%)   Bought (RM m)   Sold (RM m)   Net (RM m)
Institutions   47.7        1,448.8                  1,554.0           -105.2
Retail              31.9         982.4                   1,030.8             -48.4
Foreign           20.4         720.0                      566.4            153.6
Total              100.0        3,151.2                3,151.2                 0.0

Good days are coming for Focus D? Half morning up 22.2% (last 2 lots push up at 5.5 sen!!). Happy Trading.

@swimwithsharkss: @oskchoon Interesting. Everyone is discrediting the ICPS fund raising but I think there must be a reason for all kinds of fund raising vehicle. Would you prefer a slow dilution or paying 7% to 8% effective interest rate to the bank that diminishes your profit margin?
25/08/2021 9:47 AM

BLee: I am NOT discrediting ICPS as I am paying a lower value investing in a growth stock. The only problem is ICULS proposed issuance is too close a gap and at a lower value w.r.t. ICPS; hopefully ICPS conversion price will be adjusted to equal value as ICULS conversion price...

Happy trading

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2021:- (Unaudited)
Profit for the financial period: RM8,050,000
Total Non Current Assets: RM257,637,000
Total Current Assets: RM157,182,000
Total Current Liabilities: RM38,497,000
NET CURRENT ASSETS: RM118,685,000
TOTAL EQUITY: RM328,117,000
Total Non Current Liabilities: RM48,205,000
NET ASSETS PER SHARE (RM): 0.26

Another 'Good' quarter despite MCO/FMCO? Happy Trading

@whistlebower99: FOR NEWBIES

https://www.klsescreener.com/v2/stocks/view/0116/focus-dynamics-group-berhad

At the moment, still cash rich = RM157 million as at 31/3/21
Debts only RM6.6 million

BLee: TQ, @whistlebower99 for highlighting the 'good' financial status. I have written 2 articles on Focus D, link attached in case you are interested.

 https://klse.i3investor.com/blogs/BLee_AGES/2021-07-03-story-h1567802175-Focus_PA_Where_is_the_money.jsp

 https://klse.i3investor.com/blogs/BLee_AGES/2021-08-21-story-h1569861506-Focus_PA_Is_it_a_con_stock.jsp

================

@whistlebower99:
Total issued share = 6,372,205,736
Total warrant = 3,066,399,051
Total ICPS (PA) = 903,363,292

If all warrants and PA are converted to mother share on a minimum scenario,

Total issued share = 6,372,205,736 + 3,066,399,051 + (903,363,292 / 10) = 9,528,941,116

The total issued shares will be larger than that of TOPGLOVE (8,206,694,034) !!!

=================

When the cash is almost used up, there is always a possibility of going for shares consolidation and followed by fund raising again via rights issue with free warrant.

Retailer shareholders will end up with most losses.

BLee: If warrants and Focus-PA converted, how much $ brought into cash flow?
Answer: Total warrant Focus-WD= 3,066,399,051 x 0.8 = RM 2,453,119,240.8
                Total ICPS (PA) = 903,363,292 x 0.55/10 = RM 49,684,981.06 (min.)
          Total = RM 2,502,804,221.86

That is RM2.5B, Focus D will be cash rich then. It will NOT likely happen as conversion of RM0.8 and RM0.55 respectively ONLY tenable if Focus D market price moved back to the good old times!!

==================================
@whistlebower: Trade wisely, set realistic target

BLee: Good advise.

24/08/2021 10:47 AM

@ Investsmart4: PA maturity date when ar?

17/08/2021 3:05 PM

Please refer Focus-PA Profile for Securities of PLC at https://www.klsescreener.com/v2/announcements/view/3272031 for all the important details.

Maturity Date : 26 Nov 2030

Good afternoon @swimwithsharkss, yes; it might be few parties in collabration as the conversion more than RM100M involved.
@fable, good to share and make friend in i3. It might not change in majority shareholders; can be new majority shareholders emerging when more new shares issued. Something brewing? (definitely not coffee). Happy trading

Actually I am quite negative on ICULS before the revision; now knowing Ages-PA conversion ratio/price will be adjusted upon ICULS issuance, I am now neutral. I believed the interest is bcos of this latest development of ICULS, PA conversion at negative investment and big chunk of Ages-PA changing hands; Ages mother shares and PA collection on-going??..Happy trading

If this 796,527,883 mother shares belong to a single owner, a new majority owner will be declare soon?? Happy Trading

Good Morning @scrown,@fable, @swimwithsharkss and @sting79

A very good discussion on what would happen to Ages-PA conversion and would like to contribute my version.

A total of 4.61 Billion of Ages-PA issued including 'free' 0.75 Billion issued to Daya Intelek Usahasama Sdn Bhd as shown below.

 ii. Issuance of 750,000,000 ICPS to Daya Intelek Usahasama Sdn Bhd for the acquisition by Prinsiptek Properties Sdn Bhd, a wholly-owned subsidiary company of Ageson, of a parcel of development land measuring 7,395 square metres identified as Lot No. PT 129 held under Title No. H.S.(D) 18991, Section 1, Town of Batu Ferringi, District of Timor Laut, Pulau Pinang for a purchase consideration of RM57.00 million to be satisfied via combination of RM49.50 million in cash and RM7.50 million in issuance and allotment of 750,000,000 ICPS at an issue price of RM0.01 per ICPS

If I am 'Daya Intelek Usahasama Sdn Bhd', I would maximise my zero cost Ages-PA and the 49.50 million cash into Ages mother shares for more ICULS entitlement. In one of my articles published in i3 and my latest compilation, I have total up the converted shares  and the figures do telly as shown below:-
Total ICPS Converted (min.) as at 11/08/2021:  796,527,883 almost same as the 'free' issuance.
Total ICPS Converted (max.) as at 11/08/2021: 796,527,883 x 13 = 10,354,862,479 which exceed the total 4.61 Billion issued; not likely.

It is everybody guess, will wait for what happen next. Happy Trading

Article revised as per latest proposal. Happy Trading

Go Jon: @BLee: since the exercise has not worked out to plan, perhaps they may have to push current mother price @0.04 to between 0.05 to 0.08. It is a bit harder to do, because of the need for bigger financial resources.

BLee: No comments..Only interested in ICPS which is worth 5.5 sen selling at 1 sen and maturing in 2030. This 5.5 sen cannot be split, consolidated or diluted unless converted...

Go Jon: Last month they had difficulties to push beyond 0.05. See what they had done to the share prices of Saudee and LKL lately, I believe they will soon come out with new proposals to raid the market.

BLee: Generally market at consolidation stage, have to wait for vaccination to reach 80% and politic stabilize..

Go Jon: Have a nice weekend and happy trading next week

BLee: Same to you. Time for my slumber. TGIF

06/08/2021 8:49 PM

Go Jon:  Had the proposal been allowed, the no. of company shares will balloon to 19 billions shares, and the price of FOCUS mother share will be around ±0.015 per share.

BLee: At around Jan. 2021, Focus D trading in the range of 60 to 70 sen, after split will be around 23 sen. Due to foreign selling starting Apr. 2021, the shares split no more doable??

Go Jon: I just wondered what is in the mind of the BOD?.

BLee: I can't answer this question.

Go Jon: Who should benefit the most if the exercise was approved?

BLee: It is a share split, all shareholders shares will increase 3 times. All benefit?? Maybe holders of ICPS will benefit if conversion price/ratio adjusted accordingly.
( Extracted from shares split doc: Proposed Share Split will decrease the reference price of the Shares, Warrants D and ICPS but it will not have any impact on the total market value of these securities held by the Shareholders, Warrants D holders and ICPS holders respectively.)

Go Jon: Based on the amount of shares held, Fintec and subsidiaries stood out. If they can quickly push out the shares between 0.02 to 0.03 they can make tons of money.

BLee: I think not relevant as everyone will get equal amount..no one get more than the 3 times. Since now below RM0.20, technically rejected??
(Extracted from the shares split doc: The Proposed Share Split is in compliance with Rule 6.31(1A) of the ACE Market Listing Requirements of Bursa Securities, as the adjusted price of a Share is not less than RM0.20 based on the daily volume-weighted average share price (“VWAP”) of the Shares during the 3-month period before 4 January 2021, being the date of the submission of the application to Bursa Securities in relation to the Proposed Share Split.)

06/08/2021 8:29 PM

Go Jon: @BLee What's your comments on Focus latest proposal of share split at 1:3. What's the probable effect on the PA.

06/08/2021 3:29 PM

Hi Go Jon, The proposal was in Jan 2021; rejected. I presume no bad effect. Present price still very stable, the down side risk is very low if your holding is just 1 sen.

Happy trading

stockraider: U NEED TO UNDERSTAND GAMBLING THEORY B4, U TALK ABOUT LEVERAGE LOH!

LET SAY U GO GENTING & U BET ON ROULETTE NUMBERS...THE PAYOUT IS 36 TO 1 LOH!
THAT MEANS IF U WIN, U WILL GET 36 CHIPS....OUT OF 37 NUMBERS ( 0 TO 36).

BLee: That is one off gambling; win all and lose all. Share investment is long term with calculated risk.

THAT MEANS THE HOUSE ADVANTAGE OVER US IS 2.7% OR 1 DIVIDE BY 37.

NOW COME TO INSAS WC LOH! THE ODDS ARE AS FOLLOW MAH! ;
INSAS SHARE PRICE RM 0.875 MINUS EXERCISE PRICE RM 0.90 = U LOSE 2.5 SEN LOH!

BLee: Theoretically yes. It is a calculated risk based on mother shares NTA.

IN ADDITION U NEED TO PAY 30 SEN PREMIUM TO GET THE WC WARRANT THAT HAS A POTENTIAL TO LOSE 2.5 SEN BASE ON INSAS MOTHER PRICE 90 SEN MAH!
THAT MEANS THE ODDS AGAINST U WHEN U BUY WC AT 30 SEN, WHEN INSAS MOTHER AT 87.5 SEN, U INCURRED 37% LOSSES IF U BUY WC LOH!

BLee: Agreed only if upon expiry.

IF U INVEST IN INSAS WC AT 30 SEN, U HOPE THAT INSAS MOTHER PRICE CAN GO ABOVE RM 1.20 FOR U TO BREAKEVEN OR MAKE SO MONEY LOH..!!

BLee: The conversion price of 90 sen could be the pivot point. Leverage means a sen increase in mother shares will in tandem a sen increase in Insas-WC. Run with the profit.

NOW COMING BACK TO INVESTING IN INSAS MOTHER U NEED RM 0.875, BUT ALTERNATIVE U CAN PUT IN 30 SEN & BUY A WARRANT LOH!

IMAGINE U LEVERAGE INTO 3 WARRANT WITH RM 0.9.....EQUIVALENT TO 3 INSAS SHARE....THAT MEANS NOW....YOUR POTENTIAL LOSSES IS EXPENDED TO 3 X 30 SEN = 90 SEN....INSTEAD OF JUST EARLIER 1 WARRANT 30 SEN LOH!

BLee: Please look at the positive side of riding on mother shares good NTA. If on the negative side, mother shares drop below 60 sen, the loss is limited to 30 sen.

THUS U UNDERSTAND LEVERAGE WILL CAUSE U TO GAMBLE EVEN MORE WITH NEGATIVE ODDS LOH...!

SUPPOSE U BOUGHT INSAS MOTHER AT 87.5 SEN INSTEAD, AND INSAS SHARE PRICE UP TO RM 1.20 & U MAKE 37% GAIN MAH!

DID U NOTICE THE SO0CHAI WARRANT BUYER AT 30 SEN HAS NEGATIVE ODDS STRAIGHTAWAY 37%..........WHEREAS INSAS INVESTOR HAS POSITIVE GAIN 37% LEH ?

BLee: No comment. I am NOT defending Insas-WC at 'willing buyer willing seller' price.

THIS CAN BE EXPLAINED AS FOLLOWS;

IF U BOUGHT INSAS WARRANT AT 30 SEN....EVEN IF INSAS MOTHER GOES TO RM 1.2O, U JUST BREAKEVEN WITH ZERO GAIN MAH!

SO NOW....U UNDERSTAND WHY INSAS WC PROMOTED BY LENO & BLEE ARE GAMBLING INSTRUMENTS LOH!

BLee: I have moved into ICPS, where I got promoting warrants? All shares investment also got risks/gambling element, so you can call me a gambler.

Happy trading.

Dear Insas Comrades, Good morning. Do not be confused with worth and trading price. All warrants considered worth close to Zero if given 'free' and 'expired' in due time. Trading price is based on 'leverage' on the mother shares price due to 'supply and demand' and attached TnC (conversion price, ratio, expiring date, etc..). It is not wrong to trade warrants as at present one mother shares can get almost three Insas-WC; up to individual trading preference. Hope this will clarify some of the confusion. Happy trading

@swimwithsharkss Good afternoon, I won't tease him as my other ICPS Focus D just bought into Saudee, hoping Saudee will up...Happy trading

@swimwithsharkss, a good one; but I will stays in 'bolehland' and also in our southern neighbour once border open..Happy trading

@Windy1974, agreed with you. Anything given free as sweetener will 'fly away free' when the time expired..Happy trading

Posted by whistlebower99 > Jul 24, 2021 4:47 PM | Report Abuse
@BLee

ICPS with high issue price and high conversion ratio comes with higher risk of losses when the underlying share price dropped below the conversion price.

FOCUS-PA
Issue price = 0.055 (very high, could have manipulated up the share price prior to price fixing)
Conversion Price = 0.55
Conversion Ratio = 10:1

BLee: I have answered this question before. Let me answer again. Due to 2 methods of conversion, present trading price of around 1 sen, could cost around 10 sen to convert and NOT 55 sen.
Why buy at 1 sen and not around 5 sen for mother shares?
- opportunity of x5 leverage.
- lower downside risk as almost at bottom of  'pump and dump'.
- decrease in market availability upon more conversion,  mother shares will increase.
- anti-dilution. Example given earlier in one of my articles.

@whistleblower99: You need lots of luck if you are holding FOCUS-PA at high price, even though the maturity date is in 2030. Very likely potential candidate for share consolidation and rights issue with free warrant if current cash position is depleted over time without profit improvement.

BLee: I wished it will happen on share consolidation and RI (not on without profit); explained in one of my articles on conversion price/ratio adjustment upon any new RI.

@whistleblower99:

AGES-PA
Issue Price = 0.01
Conversion Price = 0.13
Conversion Ratio = 13:1 (consider high)

Total issued shares = 1,262,036,173
Total ICPS = 3,850,826,509

Lots of money collected from ICPS issuance and conversion (around RM129,000,000) and not much cash left (how the money was utilised)

BLee: Answered in my article, Ages-PA: Where is the money???

@whistleblower99: If ICPS is fully converted, total issued shares will exceed 5 BILLION
ICPS conversion ratio of 13:1 is on the high side.
Just hope annual profit can be maintained or improved as EPS will be affected by conversion of ICPS.

BLee: I hope the conversion will happen. As shown in one of my articles, collection of 60 million and 29.6 million shares in the 2 trades seem extraordinary...guessing game.

Please also see my answer on:

Stock: [FOCUS]: FOCUS DYNAMICS GROUP BHD
Jul 13, 2021 8:04 AM | Report Abuse 
A very good morning to Focus D investors and whistleblower99. I have no intention to pick a 'fight' with anybody; just sharing opinion on share market investing. Nothing personal..

and

Stock: [FOCUS]: FOCUS DYNAMICS GROUP BHD
Jul 12, 2021 9:48 AM | Report Abuse 
@whistlebower99 - Especially for newbies trading in loss making penny stocks

BLee: Yes, newbies should take notes that Focus NOT loss making for the last 5 quarters with good cash position.

Good luck. (BLee: Thanks, and Happy Trading)

I am an advocate of preference shares; especially on Irredeemable Convertible Preference Shares (ICPS). I have repetitively stirs ICPS away from the rest of the funds raising instrument as highlighted the advantagious in some of my published articles. The writer can caution to newbies on "pump and dump" stocks which I supported; please do NOT lump stocks with ICPS issuance as bad (case by case basis)...

My articles link for easy reference:
 https://klse.i3investor.com/blogs/BLee_AGES/2021-07-16-story-h1568014371-ICPS_My_investment_stretagy.jsp
 https://klse.i3investor.com/blogs/BLee_AGES/2021-07-03-story-h1567802175-Focus_PA_Where_is_the_money.jsp
 https://klse.i3investor.com/blogs/BLee_AGES/2021-07-22-story-h1568729473-AGES_PA_Where_is_the_money.jsp

Happy trading

@BILLC - Once share consolidation and RI coming,,,,all burnt to charcoal,,,

Hangusssssss ,,,,
22/07/2021 12:44 AM

BLee: Misconception on share consolidation and RI?
Share consolidation is the reverse of share split; decrease or increase of shares float also an issues??
Pre RI usually offered with OR (Offer Rights) for around 5 trading days. Easy money? Unlike PP, ESOS or LTIP, shareholders will get something from RI. Subscribe or not, up to individual. So please do not lump all types of issuance as bad..Happy trading

@swimwithsharkss, you did a better job than me to debunk @whistleblower99 'whinning' all over the forums on pump and dump stocks. AGES not considered in those group as the price historically NOT at the pump stage yet...Happy trading

Posted by lkongwee > Jul 16, 2021 3:28 PM | Report Abuse

Very good article BLee! I think your method on trading on ICPS is excellent, hopefully can hear from you more often!

BLee: @Ikongwee, many thanks for the positive respond.I hope ALL of us can huat (prosperous) together. Happy trading

@Ikongwee, I have started the ball rolling in ICPS investment as in link: https://klse.i3investor.com/m/blog/BLee_AGES/558726.jsp

Please contribute more if you can. Happy trading

Bro @Sslee, a very good point; but the article is on ARBB. I support you on JAKS, please continue your 'enlightment' in JAKS forum. I have had highlighted to DK that JAKS coal power plant might needs to be converted to gas fired furnace in the near future due to environment issues; not as rosy as promoted..

@Ikongwee, a very good article. I have wondered ICPS investment is correct; you have highlighted you are buying into ARBB ICPS strengthened my ICPS investment strategy..if possible, please write more on the reason of ICPS investment. TQ. Happy Trading

@RCZ2020 - FOCUS won't move for now. Just have to keep it in the refrigerator. May take months or years. Only God knows

15/07/2021 12:42 PM

BLee: Hopefully LKL and Saudee will wake up Focus D ..

@KPSOON - Dear fellows. Now the stock prices of our two subsidiaries, LKL and SAUDEE, have gone up. It's time for us to buy the company's stock to give him a rise, and buy 0.045 vigorously to push him up.

15/07/2021 3:50 PM

BLee: Good point. Both LKL (medical category) and Saudee (food business) should do well during this pandemic and after recovery...Happy Trading

@Go Jon, just let them rattle (发牢骚) to let out negative energy; investment to earn and enjoy the up and down, no need to argue too much. Happy Trading

@whistleblower99, please enjoy your rattle to let out your negative energy..I have tried to answer most of your 'rattling'; I am not a parrot, no intention to repeat. Happy Trading

A very good morning to Focus D investors and whistleblower99. I have no intention to pick a 'fight' with anybody; just sharing opinion on share market investing. Nothing personal..

@whistlebower99 -  in 2020, Focus did a share split exercise turning the total issued shares to 6,132,798,471 units (more than 6 BILLION shares)

Why was the purpose of share split ? To issue more ICPS and more warrants to raise more funds from shareholders?

BLee: Good question. Without share split, the entitlement can be set at 1:1 ratio or more to raise more funds. I believed the split is to reduce share price then. Since it is ICPS RI, as explained earlier, all shareholders (majority and retailers inclusive) will contribute equally for the fund raising. No issue..

@whistleblower99 - If all ICPS and warrants were to be fully converted, total issued shares will be further enlarged.

Total issued shares (minimum scenario) = 8,483,704,418 units.

That is more than Topglove which has 8,206,762,034 units !!!

BLee: I have answered this question before. Let me go deeper with calculation.
Let use figure given earlier with NTA of 3.92 sen (source: klse screener)
Total issued share = 6,372,185,736 x 0.0392 = RM249.79 million
Total warrant = 3,066,399,051 x 0.8 = RM2,453.12 million
Total ICPS (PA) = 903,563,292 x 0.55/10 = RM49.7 million (min.)
Total issued  shares = 9,528.941 million (min.), equivalent to RM2,752.61million issued capital/current asset, equivalent to 29 sen NTA..roughly 10x increase. No issue.

===========================================

@whistleblower99 - What would be the likely corporate exercise moving forward?

Most likely share consolidation and followed by rights issue with free warrants to raise more cash causing massive losses to, especially, minority shareholders.

BLee: Apologise. Here, I am promoting my Focus-PA; share consolidation will benefit Focus-PA as 5.5sen paid will be used in calculation for ratio/conversion price adjustment as seen in Ta Win case.

=============================================

Trade with care, do not be greedy. (agreed by BLee)

12/07/2021 12:35 PM

BLee: In conclusion, please Do NOT look at old history. Let bygone be bygone; the pump and dump already at the tail end. Whistleblowing should be done at the beginning of the pump. The fundamental still intact, where is the point of whistleblowing now? All the calculation of 80sen for warrants conversion and cash conversion of 55sen for ICPS is on the high side. Luckily, ICPS conversion can be done at 10 ICPS; still feasible.

Happy Trading

@KLLee_0110 - Day dreaming talk about the positive things stock will go up. If everyone talk positive all the stock limit up already
12/07/2021 10:57 AM

BroLee: Positive things to deflect negativity by others bro/sis..Stock prices depend on company performance; can day dream a bit..Happy Trading

@whistlebower99 - Especially for newbies trading in loss making penny stocks

BLee: Yes, newbies should take notes that Focus NOT loss making for the last 5 quarters with good cash position.

@whistlebower99: Trade cautiously and avoid being trapped for years, in loss making penny stocks that

BLee: Yes, when bought at high level during pump and dump. Not necessary at present level.

@whistlebower99: 1. has total issued shares exceeding 1 BILLION shares; some has MULTI-BILLIONS shares and can’t have a decent EPS

BLee: How true? Focus venture in food industries; still making good profit.

@whistlebower99: 2. good only in massive fund raising by issuing shares and selling to market via ESOS and Private Placement (PP) and diluting minority shareholding

BLee:  Agreed. Disputed in conversion of ICPS which bring in free cash flow..

@whistlebower99: 3. specialised in creating MOUs that turns out to nothing in the end

BLee: No comments. Most venture take time to mature; showing some result..

@whistlebower99: 4. has losses quarter after quarter, year after year, sustain by cash from fund raising

BLee: Not in the case of Focus.

@whistlebower99: 5. has undergone share consolidation and rights issue with free warrants to raise for fund from minority shareholders

BLee: No comments. Fintec sold free warrants of Focus during ICPS RI; make enough to cover ICPS investment..

@whistlebower99: Common modus operandi of loss making penny stocks is to have frequent fund raising exercise by issuing shares and selling to market via ESOS and PP, enlarging the total issue shares to BILLIONS and diluting minority shareholding.

BLee: No comments. NA for Focus??

@whistlebower99: When the issued shares become Multi- BILLION, and it is no more viable to raise cash by issuing shares through ESOS and PP, the directors will undertake Share Consolidation followed by offering rights issue with free warrants to extract more money from shareholders causing massive losses to minority shareholders.

BLee: Possible..Please observe sign of turn around for business venture??

@whistlebower99: The company fund raised from such activities are normally used to sustain yearly losses, business projects, assets acquisition, investment in other listed companies, etc

BLee: Possible..Please observe sign of turn around for business venture??

@whistlebower99: Beware of frequent announcements of MOUs and projects utilizing company fund, which is to create excitement and attract attention of unsuspecting retailers especially newbies to trade in the stock.

BLee: Possible..Please observe sign of turn around for business venture??

@whistlebower99: Some of these companies also use company funds to invest and speculate on other loss making penny stocks. And most of the time, ended up with huge losses.

BLee: In conclusion, please review risk level for phases of pump and dump. Please do NOT buy during pump phase when prices are above certain high PE level..high risk? Buy at low PE level, low risk??

Happy Trading

@Go Jon, good replied. I also prepared point to point replied to @whistleblower99 to his post..Happy Trading

@KPSOON, well promotion. Keep it up..
Happy Trading

@whistleblower99, please do not lump PP, LTIP and ESOS with any RI as PP, LTIP and ESOS always with a discounted price and not offer to shareholders; the dilution scenario is correct..I am against any issuance that shareholders do not take part. Happy Trading

@whistlebower99: Especially for newbies

https://www.klsescreener.com/v2/stocks/view/0116/focus-dynamics-group-berhad

Total issued share = 6,372,185,736
Total warrant = 3,066,399,051
Total ICPS (PA) = 903,563,292


If all warrants and PA are converted to mother share on a minimum scenario,

Total issued share = 6,372,185,736 + 3,066,399,051 + (903,563,292 / 10) = 9,528,941,116

BLee: Hi, @whistleblower99, how I wish all the warrants and ICPS being converted!! Reason: Each conversion of warrants will increase cash flow/current asset by 80 sen and ICPS by 55 sen. 3.066 billion x 0.8 will bring in cash of more than RM2.4 billion..90 million x 55 sen will bring in more than RM49.5 million. Total more than RM2.45 billion..What dilution?? Happy Trading

@KLLee_0110: Is not to bring down is stuck at the focus. We will see how fast the price will go up. If goes up I believe most us won’t complaint.

06/07/2021 12:20 PM

BLee: Okok, noted. Since you could be at higher level, we will try to support. When at same level, we will climb together. I only own Focus-PA; as @Go Jon suggest, I could be at more than equivalent 10 sen level..Happy Trading.

@KLLee_0110: Do u all know how long the share price 0.05 or less for how many months already?

06/07/2021 10:16 AM

BLee: Bro Lee (same surname?), when we climb a mountain, we will shiver if we look down. We always aim for the mountain top..Our group has listed all the pros (more pros than cons?) for reaching our goal. I hope Saudee up movement is the catalyst for Focus gaining to higher ground. Hope you can join us, if not, please do not become the extra load for climbing the mountain. Thank you in advance and happy trading.

Go Jon @BLee: Thank you for your recent report on Focus. Potential investors looking for a good buy will once again evaluate this counter. Up 10% this morning.

05/07/2021 9:25 AM

BLee: Thanks to you and the group, many investors awared Focus fundimental still intact and no sign as con stock. My support to the group also to support my Focus-PA investment. Happy Trading

Ysl3289 What actually Focus do that generate positive income during lockdown??

04/07/2021 11:13 PM

BLee: This is from Focus website "As an agile and vibrant F&B player, we continuously adopt and embrace digital technologies in our businesses. Integration of digital payments, food delivery services and e-commerce are among some of the Group’s efforts to leverage the newest technologies."

Food is one of the basic needs for human life; lockdown still needs to eat. Focus venture into frozen food thro' Saudee, a very good move. With such a low price, how much can we be con??

Happy Trading

I have no intention to convert any time soon; worst come to worst, will let the PA mature and auto-convert. Since it is so low value, the upside is much higher than the low. On KPS, I think we can do it together. Language shall not be a problem as long as we know our common target..Happy Trading

@Go Jon, your assumption is right. Only thing if I average down, I always do multiple, i.e. if I buy 3,000 lots at 1.5 sen; I will buy 6,000 lots at 1 sen. This way, my cost very much lower than 1.5 sen. With such low value, as of now, I already in paper gain..

Happy Trading

@Go Jon, good morning. For your information, Asiabio already sold off Focus-WD with a handsome profit, details as below which I wrote in Focus-PA forum:

BLee: I intended to invest more on Focus-PA, and done some reading on Fintec and Focus latest quarter reports. The following quote seems partly support my "cerita dongeng".

"Article B11 - Status of corporate proposals
a) On 2 December 2020, Asiabio Capital Sdn. Bhd. (“ABC”), a wholly-owned subsidiary of Fintec, has subscribed in aggregate 25.05% or 512,099,792 ICPS with 768,149,688 free detachable Warrants D of Focus Dynamics Group Berhad("the free detachable Warrants") for an aggregate sum of RM28.16 million in cash via the Rights Issue of ICPS with Warrants of Focus at an issue price of RM0.055 per ICPS. On 21 December 2020, ABC had disposed the free detachable Warrants for an aggregate sum of RM26.74 million in cash through open market."

It seems that the holding cost of 512million Focus-PA for Fintec only around RM1.4million.

Happy Trading

Disclaimer: This is NOT a Buy, Hold or Sell recommendation; just for sharing purpose.

26/04/2021 11:52 AM

@Go Jon, thanks for your opinion. Due to the other method of 10 ICPS for conversion to 1 mother share and intrinsic value of 5.5 sen per ICPS; present price of such low value can still be supported..Happy Trading

I have published an article, link as below, to dispel ICPS will pull down Focus mother share price. Every conversion will contribute 55 sen to Focus Authorise Capital/cash flow. I think it will have a positive effect..Opinion please.

https://klse.i3investor.com/blogs/BLee_AGES/2021-07-03-story-h1567802175-Focus_PA_Where_is_the_money.jsp

Happy Trading

@KPSOON, appreciated your efforts to lead in disputing naysayers on Focus..I hope with our efforts of highlighting the plus points; we can bring this naysayers to our fold. Happy Trading