@whistlebower99: Date for announcement of final subscription result and basis of allotment of excess Rights Securities 27 May 2022
Acceptance and Payment 24 May 2022 05:00 PM
Excess share application and payment 24 May 2022 05:00 PM
Available/Listing Date 08 Jun 2022
https://www.klsescreener.com/v2/announcements/view/3535393

===============
TAYOR
51 minutes ago

BLee: Hi Bro @whistlebower99, thanks for the info. How about AGES-PA adjusted conversion price after the RI entitlement date? (As per ARBB RI, 1 day after the entitlement date.) Any idea when it will be announced and the predicted conversion price? Please share if you come across the info. Thanks
Happy trading and TradeAtYourOwnRisk

@Musang King: Bro. BLee, you have done a very GOOD job and really appreciative and indebted to you for spending so much of your precious time writing good postings and a very detailed study on issues regarding FINTEC and FOCUS DYNAMICS. I truly salute you.

BLee: Hi Bro @Musang King, thanks for the compliment. I don't think I have so much time now compared during MCO period as most of my articles are written (blow water) then. I have done my own (S)trengths, (W)eakness, (O)pportunities and (T)hreats for most of my purchases by reading QR and AR; although my purchases are not making $ now, the investment will be 'long and winding'. Hopefully we can make $ together.
Happy trading and TradeAtYourOwnRisk

@HuatHuatHuatLa: Bro, BLee, the largest shareholder is only owns 100000000+ shares, less than 2% le, you should buy 100000000+ Fintec, to be the largest shareholder to get to the Board as MD, to draw fat salary and director fees la. hehe

BLee: Hi Bro @HuatHuatHuatLa, I think I have faced this question before. My answer is I am more into property investment, not interested in managing a company for a fat salary. I will let my $ work for me, not the other way round.
Happy trading and TradeAtYourOwnRisk. Enjoy our day off and Happy Raya Puasa to those who celebrate..

@HuatHuatHuatLa: Bro BLee, buying Fintec is a trick question meh？hehe

l already bought some and planning to buy more @ 0.010 le

BLee: Hi Bro @HuatHuatHuatLa, I am promoting too much on ICPS PA and neglecting mother shares, therefore I am 'slapping-trick' my own mouth since admitting I did buy Fintec mother shares. There are too many exercises of PP and ESOS, each issuance at a lower 5 days VWAP diluting mother share prices until it reaches the present price. Is it an opportunity or bane? All the best to our purchases...
Happy trading and TradeAtYourOwnRisk

@HuatHuatHuatLa: Bro BLee, you bought Fintec mother shares or not?

BLee:. Hi Bro @HuatHuatHuatLa, is it a trick question? Anyway, you are right; cannot get Fintec-PA, getting the mother will do as the band is so small. I did buy some for cost averaging..
Happy trading and TradeAtYourOwnRisk

@HuatHuatHuatLa: Bro BLee, l want to learn from you le, please correct me if l am wrong. hehe

BLee: Hi Bro @HuatHuatHuatLa, making money in the share market needs a lot of patience. I am also learning, that's why we are sharing tips. Either we wait at a lower price for desperate sellers or buy a bit higher hoping the price will move higher. The choice is ours. I am taking the risk now to load up AGES-PA, hoping the adjusted price is favourable…
For Fintec-PA, the band is so small, sometimes worthwhile to buy a bit higher. My average cost is around 2sen, if got price adjustment, I will average down like what I did with AGES-PA.
Happy Trading and TradeAtYourOwnRisk

@HuatHuatHuatLa: Over the last 3 months, there is no transactions for Fintec-PA le, how you invest into PA ah？hehe

BLee: Hi bro @HuatHuatHuatLa, I have written a few articles tracking my investment of 'such type of investment' meaning not just Fintec-PA. I started to invest in AGES-PA early last year, switching from my investment in Insas and Iris. I still hold a little bit of both, all at zero cost. Initially, I have made some gains in AGES-PA, buying around 3sen and selling around 3.5sen. Before AGES-PA Consolidation, I managed to buy at the lowest of 0.005 as shown in one of my articles. I have cost averaging again post Consolidation, now holding around 5sen, in paper loss. Let see what the price comes on 6 May, after the price adjustment. This time I don't know how to count as the formula given is not clear. The 5 days VWAP and RI of 2:1 is not defined in the formula.
Happy Trading and TradeAtYourOwnRisk

@pineapple123: BLee, The current fintec PA is deemed expensive compared to the value conversion of 2:1.

BLee: Hi bro @pineapple123, agreed with you if the conversion is by cash as min. 1 Fintec-PA (base value of 8sen) plus cash of 3sen equal 11sen to convert into 1 Mother share.
Luckily, there are 2 methods. Second Method as details below:
"Pursuant to the Adjustment, the conversion price of the ICPS will be revised from RM0.16 to RM0.11.
The notice to the holders of ICPS (setting out the details of the Adjustment) was despatched on 9 December 2020.
Exercise/Conversion Ratio: 11:8 "

If the buyer queue managed to buy 11 Fintec-PA at 0.005, total cost will be 0.055
Total cost of 8 Mother Shares of 0.01 will be 0.08. The gain will be 0.025.

If the buyer managed to buy 11 Fintec-PA at 0.01, total cost will be 0.11
Total cost of 8 Mother Shares of 0.015 will be 0.12. The gain will be 0.01

In both scenarios, Fintec-PA is still in-money..I have converted most of my investment into this type of instrument due to this flexibility.
Happy trading and TradeAtYourOwnRisk

@M55555: Night club re-opening ... is time now

BLee: Hi bro @M55555, I believed the over RM20mil Operational Profit last quarter is majority from online sales; with more physical outlets opening, the profit will be more.. Hopefully, more patrons will return and with online sales doing well, shareholders will be rewarded handsomely..
Happy Trading and TradeAtYourOwnRisk

@Musang King: Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ ........You asked how do I value them. I cannot tell you but they have BIG plans and GREAT potentials when the Pandemic is over.

BLee: Hi bro @Musang King and @3iii, always buy low and hope the 'rubbish' will turn into a 'jewel' one fine day.

How do I value them? My take:
1. The snowball effect? Fintec is sitting on top of the 'pyramid' . For example, if Saudee jump up in price, Focus D will benefit as owning 22.22℅ of Saudee. This will in turn benefit Fintec as owning 30.631℅ of Focus D.

2. Cash rich (from PP and ESOS) and hardly any borrowing. Hardly any risk at present price. All the profits and losses reported quarterly are on paper only due to fluctuations of the invested stocks prices.

Fintec could be evaluated as an investment company for the two reasons above. The conversion of Fintec-PA could be another source of interest free funds as the conversion ratio is less than 2..
A word of caution, the new glove plant could be a drag as a lot of companies jumped into the glove bandwagon. Please comment on my opinion. Thanks.

Happy Trading and TradeAtYourOwnRisk

@Musang King: I concur with you BLee. My opinion is one should buy more Focus shares now at the price of 4 sen which is the cheapest compared to buying their PA which is trading now at 1.5 sen and they need 10 ICPS to convert into 1 Focus D. share. Buying Focus D shares now is like buying at a discount of 375%. Please correct me if I am wrong, BLee.

BLee: Hi bro @Musang King, you are correct calculation wise. If based on risk and upfront cash investment, Focus D has the advantage.
1. At the present price, 1 lot of mother share can buy 3 or 4 (based on 1sen) lots of PA.
2. The risk of downside of PA is much less. My investment of slightly above 1sen is in paper gain now. I could loss close to 50℅ if I have bought the mother share then.
3. Take this PA as the IPO price (the subscription price) of 5.5sen selling at 1.5sen. No comment on this item, maybe will take AGES-PA as an example after the price adjustment on the 6 May, 2022.
There are many more advantages of Preference Shares such as will pay first in case of liquidation and others depend on TnC..
Happy Trading and TradeAtYourOwnRisk

@Ding HL Allan: Thanks BLee for the explanation above. Certainly I can see from your explanation, Focus Dynamics is Fintec 's baby no matter rain or shine.

BLee: Hi bro @Ding HL Allan, just for sharing and please do your own due diligence.
All this shouting of PP, ESOS and Consolidation; Focus D did not raise any funds since the last RI of ICPS as shown below:
Company Name: FOCUS DYNAMICS GROUP BERHAD
Entitlement: Preference Rights
Ratio (New:Existing) 2.0000 : 6.0000
Rights Crediting Date 04 Nov 2020
I believe this ICPS is the latent value beside the yearly Operational Profit.
How much Cash is being raised?
My estimate is in one of my article, link
https://klse.i3investor.com/web/blog/detail/BLee_AGES/2021-07-03-story-h1567802175-Focus_PA_Where_is_the_money
This RI raised RM112.435mil.
Estimated Conversion based on 1 ICPS plus 49.5 sen conversion: RM63,342,353; the windfall cash collection when ICPS in-money..
Estimated Conversion based on 10 ICPS conversion to 1 mother: RM59,133,734 (subscribed ICPS cash changed to paid up capital)
I might be wrong, comments and critics are welcome.
Happy Trading and TradeAtYourOwnRisk

@Musang King: pineapple123...I think Fintec only acquired into Focus Dynamics around August to Sept 2021. After  skyrocketted in the year 2020. Correct me if I am wrong. Anybody.

BLee: Hi bro @Musang King, please refer to this link https://www.klsescreener.com/v2/announcements/view/3407375

The PDF document appendix 1 Page 21 is showing Fintec already invested in Focus Dynamics before year 2017

"(iv) FYE 31 March 2018 vs FYE 31 March 2017

Item (2. Focus Dynamics Group Berhad Fair value gain of RM72.51mil”

IMHO, since Fintec did not dump Focus Dynamics around April 2021 and acquired until above 30%, there must be a lot of latent value unnoticed.

"A bird in hand is worth a lot more in the bushes". All this Fair value gain is on paper only, selling will not get actual buyers with the correct volume and price..

Happy Trading and TradeAtYourOwnRisk

@unline: blee, ignore this guy, think he have some problems

your thesis in PA makes a lot of sense and I learnt a lot from you

BLee: Hi bro @unline, PA (Preference Share) is still not popular, I am still learning. So we shall learn together. Let see how AGES-PA performs post RI and what will be the adjusted price.
Some facts:
1. PreConso conversion value: 1sen, PostConso 15sen

2. PreConso subscription price: 13sen, PostConso 1.95, i.e. 15x0.13, Conso will not devalue AGES-PA.

3. PreRI conversion stays at 15sen and subscription stays at 1.95.

4.PostRI conversion stays as 15sen, subscription will be adjusted based on exRI market price (A) and RI subscription price (B) by formula (( A - B)/A)x1.95

5. Subscription adjustment will be finalised by 6 May, 2022 based on exRI market price (A). As seen by the formula, if A - B is closer, the new adjustment is beneficial to AGES-PA. No problem with Conso and RI.

6. Minimum subscription of at least 1 AGES-PA of value 15sen shall support AGES-PA price. This statement agrees with ’sinkalan' (blow water) as it depends on supply and demand..
Happy Trading and TradeAtYourOwnRisk

@Citadel12: this blee sinkalan everyday

1 hour ago

BLee: Hi bro @Citadel12, 'sinkalan' better than blindly commenting without facts and NOT reading circular at all. All 'sinkalan' BLee sharing details from announcements and circular to balance out 'negative' comments. 'Sinkalan' BLee is just defending investment in AGES-PA, NO intent to offend anyone; but can also be nasty if needed. TQ
Happy Trading and TradeAtYourOwnRisk

@Michael R.: Conso and then RI PP is is tactical way of stealing investors money.. You bought 10,000 shares but after consolidation yours become 600shares... You though is was ok because NOSH is now too small.. But later got RI and PP to increase NOSH back to the amount close to prior consolidation..

Prices being further push down. Your shares now become almost no value/insignificant...

21 minutes ago

BLee: Hi bro @Michael R., partly agreed as AGES share price now almost reaching RI price. The sequence is PP at 0.05, then conso 15 to 1, meaning PP price will be 0.75 post conso. So whoever takes up PP is losing more than 50%, got the chance to cost averaging at RI price of 0.20. Only PP/retailers who don't subscribe to RI will be diluted in value (NTA). The one who picks up the access shares will gain. Seems 'Big Shark' will 'sapu' the small 'billis'..I will cost averaging my AGES-PA before the ex-date.
Happy trading and TradeAtYourOwnRisk

@linheng: Now market cap is 30 million. Owe Maybank 10m. Fully subscribed rights issue is 40m. If drop to 20 cents ( the rights issue price ), mkt cap after rights is 60m. Minus Maybank debt of 10m. Balance is only 50m after burning so much retailer's cash. Who will buy?
1 hour ago

BLee: Morning bro @linheng, market cap is NOSH x market price, nothing to do with debts. Once Maybank debt is cleared, operating profit will improve, plus point. Previous PP is used to clear RHB debt. So next QR reporting will minus all this interest payment. All these debts are from the previous management??...
Happy trading and TradeAtYourOwnRisk

@Michael R: Probably their game is that they CL fast.. even though in losses because eventually the price will collapse to even 0.040.. and they collect at lowest point.. Is it possible?

BLee: Hi bro @Michael R., won't be 0.040 as RI already confirmed at 0.20. The problem is can apply RI with access shares at 0.20, why pay 0.29?? The new support is most likely at RI price. The calculation for averaging after RI with respect to 0.29 will be ((0.2x2) + 0.29)/3 roughly equal 0.23...so who will buy at present price??
Happy Trading and TradeAtYourOwnRisk

@Icon 888: U punya turn consolidate .. all PPl die la

@kenie: CONSOLIDATION SHARES

16 minutes ago

BLee: Agreed with bro @Icon 888, PP will bring down Focus D..Should be No Problem with Consolidation as NO dilution involved. Fingers crossed, there should be no PP unless a new business proposal for sucking new investment. Focus D is still cash rich and last quarter of operational profit roughly RM20MIL.
Happy Trading and TradeAtYourOwnRisk

Some trading ideas for trading Penny Stocks/small cap stocks..applicable for Focus D?? I am using Rakuten, but NOT promoting. Sharing purposes only.
Article title: Brighter outlook for small cap stocks, link:
https://youtu.be/_frOCZZEUe8
Happy Trading and TradeAtYourOwnRisk

Focus D 4sen seller cleared..stay Focus
Happy Trading and TradeAtYourOwnRisk

@Icon 888: Boss , Roti bakar 0.01

BLee: Roti bakar dah Naik 50% peratus, 0.015. Roti harga 0.0538, mana bolih untung. Tak nak jual..
Happy Trading and TradeAtYourOwnRisk

@HuatHuatHuatLa: Bro BLee, thank you for your view. my only worry is that the 610000000 Private placement shares are dumped @ 1cent for quick and f.... easy profit, what you think?

BLee: I think Mr. Market already giving out answers to your question, half day trading has already reached half the amount. It all boils down to holding power and what percentage of profit is wanted. We usually buy into the future price of a counter, the question is how far is the future…
For oldbies and newbies, I suggest get familiar with two rules doc, i.e.
Rules of Bursa Depository - The Rules of Bursa Depository as issued pursuant to the Securities Industry (Central Depositories) Act, 1991, as amended from time to time
and
Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by the SC pursuant to Section 377 of the CMSA, as amended from time to time. These two rules will give us some answers to our doubts.
Happy trading and TradeAtYourOwnRisk

@HuatHuatHuatLa:
Bro BLee, you mean no more Private placement meh？

1 hour ago

BLee: Hi Bro @HuatHuatHuatLa, what I know PP of 30% is one off specially for companies to raise funds due to pandemic period. I am not sure about PP of 10% or ESOS or SIS; or any other fundraising instrument. Usually all fundraising must with purpose and the money collected cannot be used for other purposes..
Happy Trading and TradeAtYourOwnRisk

When the announcement stated the first tranche, I kept quiet as I was worried about how many more tranches and most likely at a lower price. When I saw the latest announcement as completion of the PP, all worries were unfounded. This is a 2021 proposal, so not likely to get 30% PP approval entitlement anymore..
Happy Trading and TradeAtYourOwnRisk

@651158: Director still pushing the price to the lower price,we just waiting and watch first

BLee: Hi @651158, Directors unlikely disposing as 3 major shareholders have make the undertaking to:
1. Not to dispose of any shares before RI issuance.
2. Capabilities to subscribe RM10mil worth of RI shares.

Therefore, this RM10mil will be a fresh fund and NOT a recycling fund from selling existing holdings. All this info is in the RI circular.
Happy trading and TradeAtYourOwnRisk

@whistlebower99: Those investors still holding AGES-PA bought before ex-date (11/4) are carrying losses of at least 40% based on closing price of 0.045!!!

Even after 40% discount, it would still be out of money if you choose to buy 13 AGES-PA at 0.045 costing total of 0.585 for conversion. Based on mother closing price of 0.36

BLee: Hi bro @whistlebower99, agreed still out of money; but it is a gap that needs to be watch..much better than RM1.95 for cash conversion method.
Happy trading and TradeAtYourOwnRisk

@whistlebower99: (a) existing conversion price of ICPS of RM0.13 each will be revised to RM1.95 each; and

(b) existing cash payment for conversion of ICPS (based on the conversion mode of surrendering 1 ICPS with additional cash payment for 1 new Share) of RM0.12 each will be revised to RM1.80 each.

Take note that AGES-PA is way out of money after the adjustment of conversion price from 0.13 to 1.95

(the conversion price of 1.95 will be adjusted again (lower price ) when the rights issue is implemented at a later date)

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

TAYOR

BLee: Hi bro @whistlebower99, to complete the conversion method calculation, the conversion by surrendering with 13 AGES-PA shall be taken into consideration. After consolidation, each AGES-PA of subscription value at 1sen x 15 = 15sen. We can buy this 13 AGES-PA at much lower price for the conversion, therefore the 'out of money' is much better than by paying cash..one of ICPS advantages compared with warrants.

Happy trading and TradeAtYourOwnRisk

@Pohbear: Author memang bodoh

BLee: Bodoh tapi Berani. Ada sikit kebenaran.

The statement "Paying penthouse price for palm oil is foolish when there are multitude of healthier cooking oil alternatives" is quite true. There will be an 'equilibrium' price later on when the 'dust' settles.

Sometimes we need to find out the truth out of curiosity.

I have googled lens two photos by one author title: 'PLANTATIONS INTO SOLAR PANEL FARMS DUE TO ESG CONCERN IS SURE MADNESS' on palm oil plantation vs Solar Farm, the truth are as follows:

1st photo: http://wikimapia.org/24596768/Les-Mees-Solar-Farm

Les Mees Solar Farm in France, where it is replacing Palm oil Estate?

2nd photo:
https://www.forbes.com/sites/michaelshellenberger/2018/05/23/if-solar-panels-are-so-clean-why-do-they-produce-so-much-toxic-waste/amp/

Destroys Solar Farm in Puerto Rico by Hurricane Maria, and the good and bad of Solar Energy. Where did it get anything to do with Palm oil?

The author is very hardworking and informative, nevertheless shall limit to what he knows best..

Hi, @DannyArcher, good comments.

Happy trading and TradeAtYourOwnRisk

@MaluNegaraKu: This stock is for those Hope To go Holland .
If anyone interested one way to Holland , pls buy the ticket
1 day ago

BLee: Been to Holland and come back Happily before the Pandemic strike. Drove left hand drive to Belgium from Amsterdam and also on the BundesAutobahn to the German border area; that is before collecting my gain in Insas-OR (almost at double limit up price) and investing in Focus D-PA.
Joke aside, looking for more Tickets to make another visit to Europe when the situation permits. Focus D holding 206,050,000 (22.22%) Saudee shares. Saudee seems bottom-up and on the uptrend now. So are other Focus D invested counters. Last Quarter, Focus D operation gain was quite substantial. I am predicting this quarter will further improve with F&B fully open. No TP from me as I don't want to mislead.
Happy Trading and TradeAtYourOwnRisk

@240902: Hi Friends, I'm new player, do I need to do any submission for Rights after consolidation. I have 150k Shares of AGES....or it's automatic. Please guide me. Thanks

3 hours ago

BLee: Hi Friend @240902, if you are referring to the subscription of the 2 for 1 RI, you can follow the guidelines posted to you by the registrar to subscribe and pay online, or by post or other methods. If you don't want to pick up your RI, you have a chance to liquidate by selling the rights (AGES-OR will only be traded for around 5 days) if the price is profitable. The consolidation and allocation of AGES-OR is automatic/allocated as per your entitlement.

Happy trading and TradeAtYourOwnRisk

Hi bro @whistlebower99, yes on different scenario but better as I got my AGES-PA at 0.5sen (I have written an article on my purchase) which is equivalent to 7.5sen after consolidation. It is very difficult to sell at 1sen at the moment due to long queue. What will be the queue like after consolidation if it start at 15sen? Happy Sunday to you too..

@whistlebower99: Another scenario, if the price after consolidation is let says 0.21, by calculation as in page 35 of RI circular for AGES-PA adjusted price conversion: (C-D)/C x RM1.95 i.e. (0.21-0.2)/0.21 x RM1.95 = RM0.093

========

Too low to be true

=========

PA to be in the money after shares consolidation and rights issue???

4 minutes ago

BLee: Hi bro @whistlebower99, agreed 'Too low to be true'. Due to ICPS AGES-PA anti-dilution, the lower RI issuance price and the differential of market vs RI price will benefit the conversion. Example: Fintec PA adjusted from 16sen to 11sen and 11PA convert to 8 mother shares.

Another Example: ARBB PA adjusted from 20sen to 14sen and 14PA convert to 1 mother share.

Some important notes from the RI circular:

1)“Minimum Subscription Level” : Subscription by the Undertaking Shareholders to raise minimum gross proceeds of RM10,000,000 (which entails the subscription of 50,000,000 Rights Shares at the indicative issue price of RM0.20 each) from the Proposed Rights Issue. Meaning guarantee Subscription by the three major shareholders.

2) The three major shareholders 'will not dispose of or transfer any of their existing Shares following the date of such undertaking up to the Entitlement Date for the Proposed Rights Issue.' (item 3.1 page 6). Meaning committed to the RI issuance.

3) The higher share price resulting from the Proposed Share Consolidation would allow more flexibility to our Company in fixing the issue price of the Rights Shares. (item 6.1 Page 14). Meaning RI issuance price not fixed yet..

On the question 'in the money', it depends how much 'C-D' and how the formula adjusted for the 2 for 1 RI. It is very clear the consolidation did not affect each AGES-PA base price as the 1sen will become 15sen…

Happy trading and TradeAtYourOwnRisk

Hi bro @sting79, the proposed RI at 0.2, therefore if you got 1 lot after consolidation, you can get 2 lots at 0.2. You can also apply for excess as much as you want at 0.2.

Another scenario, if the price after consolidation is let says 0.21, by calculation as in page 35 of RI circular for AGES-PA adjusted price conversion: (C-D)/C x RM1.95 i.e. (0.21-0.2)/0.21 x RM1.95 = RM0.093

So what can the price be after consolidation and after RI?

Please excuse me if I am wrong in the calculation.

Happy Trading and TradeAtYourOwnRisk

@whistlebower99: FOR NEWBIES

Good to look at price movement of other stocks that had gone through similar shares consolidation followed by fund raising via rights issue with free warrant.

pasukgb, sanichi, lambo, pdz, kanger, trive, etc

21 hours ago

BLee: Hi bro @whistlebower99, are we comparing apple to apple?

- AGES is NOT a loss making counter. 25 Quarters of profit. Last quarter's loss in 2015Q3.

- AGES NTA of 0.22 vs price of 0.03 is very healthy and low risk.

- AGES 'last QoQ Revenue of 80.83mil vs 50.39mil, more than 50% increase.

- AGES fundraising to par off debts from former management to enhance future profit. On page 10 of circular, stated "As at the LPD, our Group has approximately RM14.9 million in cash and bank balances. Assuming the Proposed Rights Issue is completed in June 2022 and the outstanding Amount Owing to Maybank is fully paid in December 2022 (under the Base Case Scenario and Maximum Scenario), the early redemption is expected to result in an interest saving of approximately RM5.5 million over the repayment period (based on the weighted average interest rate of 5.75% per annum)."

- AGES do not have warrants, only ICPS. On RI issuance, the two methods of conversion will be further adjusted.

This is NOT a recommendation to Buy, Sell or Hold. Happy Trading and TradeAtYourOwnRisk.

Correction: 1 Kg polybag of Palm oil subsidies priced at RM2.50, not 1 litre. Usually control per purchase of only 3 bags. During last CNY, very difficult to find even 1 bag..no plan to stop this subsidies as reported.

Hi Uncle @calvintaneng, just balance the view and answering @Sslee question. As Malaysian, I am happy both O&G and Palm Oil doing well..Regards

Uncle @calvintaneng, since you asked why, let me give my humble opinion.

1.Palm oil retails very much control in Malaysia as the price can be as low as RM2.50 for a packet of 1 litre. CSR, how to make money?

2. Land is still cheap in the outskirts of Cities, especially agricultural land.

3. Labours are still an issue for plantation, one of the reasons for shifting investment to our neighbouring countries.

4. Palm oil output cannot be increased so easily as tree maturity takes time.

5. Palm oil (margarine) is an alternative to Butter or other products due to pricing. If pricing is the same, there is no more an advantage..

I am NOT against Palm oil as there are many more advantageous which I am not discounting, you have my support.

Thankyou for your efforts..

Rowie...you are spot on. Lot of risk involved. No risk no gain. Due to the beat down price and high cash from PPs, ESOSs and RIs; all this interlink counters still can be a good bet...one up will show profit for "the loss making Penny Stock investing in another loss making Penny Stock".
Happy trading and TradeAtYourOwnRisk

Hi bro @Rowie, good observation. All this related Stocks having very low borrowing after paying off liabilities and good price/net asset value. Will see how the effect of endemic on the price recovery..
Happy trading and TradeAtYourOwnRisk

@whistlebower99:
FOR NEWBIES
Another quarter of losses for KOMARK

Profit/(loss) attributable to ordinary equity holders of the parent -3,362,000

https://www.klsescreener.com/v2/announcements/view/3523221

Multi quarters and multi years of losses

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

KOMARKCORP BERHAD

Particulars of substantial Securities Holder

Name KEY ALLIANCE GROUP BERHAD

Direct (units) 122,318,200

Direct (%) 21.187

Date of notice 02 Mar 2022

https://www.klsescreener.com/v2/announcements/view/3511607

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

Loss making penny stock invested in another loss making penny stock

TAYOR

BLee: Hi bro @whistlebower99, many thanks for highlighting the latest QR. IMHO, the report needs to be read in full as the loss is only the half truth.

An important question, why did the losses but NTA improved from 0.17 to 0.22?

Revenue improved to 18.102mil from 9.737mil, almost 100% increase. As "A hike in revenue was mainly contributed by the revenue generated from Mask Division which started its operation in 3rd Quarter of 2021.", what will be for a whole year?

And also the statement "The losses were mainly due to the of shrinkage of business regionally and the loss of customers in Thailand and Indonesia. Apart from that, it is also notable on the increase in manufacturing cost as a result of a new mask plant being set up in Meru and 2 weeks of operation suspensions due to the flood caused by the torrential downpours in Klang Valley." which is one off…hopefully there will also insurance claim for the flooding.

Happy trading and TradeAtYourOwnRisk.

Hi bro @Good123, betul. Duit dari PP, ESOS, RI kah, di pakai sama2 untuk majukan masing2..Focus D duit kasi Pasukhas bina Restoran Dan Fintec kasi duit bina kilang. Nanti sama2 kaya..
Happy trading and TradeAtYourOwnRisk

Hi bro @JJPTR, needs to choose and pick. I picked Focus Dynamic PA at 1 Sen and Fintec at 2 Sen during Fintec accumulation of Focus D. Focus Dynamic PA still at par after holding more than a year. As seen by today trading, ALL three are moving..
My advice IS NOT to SaiLang and play Margin with Mr. Market, just play for excitement only..
Happy Trading and TradeAtYourOwnRisk

Hi bro @KLLee_0110, where is the share consolidation announcement? It is just bro @JJPTR nightmare scenario. Idimension recent 10:1 consolidation, from 8 Sen to almost RM1 now..
Happy Trading and TradeAtYourOwnRisk

Posted by Investfrog > 2 hours ago | Report Abuse

this whistlebower wont admit he is wrong tho, still grateful that Blee are able to clarifying to us

BLee: Hi bro @Investfrog, there is no absolutely right or wrong; Mr. Market is very unpredictable. @whistlebower is predicting the other extreme end only..

@whistlebower99:

FOR NEWBIES

If shares consolidation is approved and implemented,

1. AGES-PA will also be consolidated by 15 times

2. AGES-PA, current conversion price of 0.13 will be adjusted to 1.95

Refer details in circular

https://www.klsescreener.com/v2/announcements/view/3513055

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

TAYOR

BLee: Hi bro @whistlebower99, above statement, IMHO half-truth. As consolidation will NOT change the value of AGES-PA, each subscribed value of 0.01 x 15 will be 0.15. Why are there many buyers at 0.005? (I managed to get some)

Answer: 0.005 x 15 = 0.075 for the value of 0.15 after consolidation, and sporadically getting buyer at 0.01 i.e. 100% gain.

The other reason is the potential adjusted price and ratio due to RI of 2 for 1 after the consolidation..

RI price still NOT fixed: Page 7 item 3.4 of circular.

"The issue price of Rights Shares shall be determined, fixed and announced by our Board at a later date (before the announcement of the Entitlement Date), after taking into consideration, amongst others.."

Appendix 1, page 36 of circular:

"Consequential to the Proposed Rights Issue, the conversion price of the ICPS may be adjusted in accordance with the terms of the ICPS as stated in the Constitution of our Company to ensure that the status of the ICPS holders is not prejudiced as a result of the Proposed Rights Issue."

This is for info sharing only, NOT a Buy, Sell or Hold recommendation.
Happy trading and TradeAtYourOwnRisk

Latest: https://www.nst.com.my/news/politics/2022/03/781572/kit-siang-announces-retirement-politics
I think he will give a piece of his mind when necessary..

@JJPTR: 5.9B NOSH

10:1 become 590m NOSH

3 FOR EVERY 1 @10c NOSH 1.770b

After 10:1 price 15c

Slowly drop to 2c again after ESOS, PP,RI by end of 2022

BLee: Hi bro @JJPTR, sorry of your nightmare scenario, let me give you some good news in article link below:

https://www.nst.com.my/opinion/columnists/2022/03/781310/why-april-1-momentous-event

Hope this is everybody's dream (scenario)..

The last two years have seen a lot of Stocks have turned into Penny Stocks. Come 1st April, 2022, hopefully no more nightmare of PP, ESOS, Consolidation and downturn to become Penny Stock again.

Happy Trading and TradeAtYourOwnRisk

@JJPTR: https://www.theedgemarkets.com/article/special-report-hidden-hands-beh...


BLee: Hi bro @JJPTR, in case you have forgotten you have posted earlier, something for you to refresh..

Note: As both of us might have different understanding of the replies, let me explain from my view point.

Link: https://www.theedgemarkets.com/article/fintec-we-are-not-business-shuffling-assets


1."Fintec Global Bhd has dispelled the notion that it is shuffling assets within the group" meaning "Not intergroup buying/selling (goreng)".

2."Fintec only owns stakes in these companies which does not entitle Fintec to exercise control over the management and affairs of these companies." meaning "No daily interference/running companies businesses".

3."Since the trading of marketable securities is part of the company's ordinary course of business" meaning "buying others Penny Stocks is the norm."

4."The funds arising from these exercises are at all times secured and placed with licensed and regulated financial institutions" meaning "funds raised are for the intended purpose only".

I am investing based on the above understanding and the price drop to 1sen is part of investment risk. This is NOT a Buy, Sell or Hold recommendation..

Happy Trading and TradeAtYourOwnRisk.

@JJPTR: https://www.theedgemarkets.com/article/special-report-hidden-hands-beh...

50 minutes ago

BLee: Hi bro @JJPTR, in case you have forgotten you have posted earlier, something for you to refresh..

Stock: [FINTEC]: FINTEC GLOBAL BERHAD

Dec 9, 2021 3:33 PM | Report Abuse

@JKPTR: The Edge has wriiten a 2rd article about HIDDEN HANDS BEHIND PENNY STOCKS on Apr 2021
earlier article was in 2020

https://www.klsescreener.com/v2/news/view/818927/special-report-hidden

09/12/2021 2:52 PM

BLee: Hi @JKPTR, hope a very good trading to you. The first article, Fintec did not (assumed as no reply seen) get query from Bursa. On the 21st Apr. 2021 article, Fintec replied to Bursa queries and picked up by TheEdge, published on the 23rd Apr. 2021.

I have posted earlier, don't mind re-post for easy reference although I seldom do repeat..

"BLee: Hi Bro @stockraider, this article dated 21 Apr. 2021 superseded by a later article dated 23 Apr. 2021.

"On TheEdge report, the replied by Fintec is repeated in TheEdge without dispute..
Link: https://www.theedgemarkets.com/article/fintec-we-are-not-business-shuf...

Please do NOT post incomplete old news, NOT giving chance on clarification by Fintec/ TheEdge. Half Truth!!
Happy Trading and TradeAtYourOwnRisk

08/12/2021 12:43 AM"