BLee. Queue everyday by placing buy call at 0.005 on GTD till month end. So far, none collected. Maybe have to wait for another panic selling, then only can get. Afterall half sen, it would not go south anymore.

BLee. looks like Ageson and Mtronic going backward again. They were strong only for a while.

Conman JY Kenanga. Hahahaaa Never believe what remiser says. They may be taking us to Holland, buying high priced stock which they are holding.

Thanks Admin. Fintec NOSH is back to 5,923 Million again updated today.

NOTHING GOOD. FURTHER LOSSES DUE TO FAIR VALUE INVESTMENT LOSS. OUR CASH BALANCE DEPLETING
AND I NOTICE SOMETHING WRONG IN OUR I3 REPORTING HERE. I3 REPORTS WE NOW HAVE 3.950 BILLION SHARES COMPARED TO LAST QTR 5.902 BILLION SHARES. DO NOT KNOW WHERE SUDDENLY NOSH DROPS BY 2 BILLION.??? I CHECK THEIR ANNOUCEMENT, NO NEW ESOS OR PP OR ANY CAPITAL REDUCTION BUT OUR NOSH SUDDENLY DROPPED TO 3.950 BILLION.

THERE WAS NO REPORT ON THE LATEST SALE OF 2 DRIPPING LINES TO JOE GLOVE, BUT THERE WAS SOME LOSSES DUE TO PERSONAL UNSECURED LOAN DEFAULT GIVEN TO SOME SPECIAL PERSONAL FRIENDS OF FINTEC. I GUESS. FINTEC DIRECTORS MUST ANSWER THESE UNSECURED PERSONAL LOANS GIVEN OUT.


The Group registered a revenue of RM4.3 million in the current quarter ended 30 June 2022. The revenue was
contirbuted substantially from the Portfolio Investment Segment, which was 93% of the total revenue. The revenue for
Portfolio Investment Segment was mainly derived from the selling of short term marketable securities. Besides, the
Financial Assistance Services Segment contributed 6% of the total revenue.
The Group recorded a loss before taxation of RM51.1 million in the current quarter ended 30 June 2022. This was mainly
due to the fair value loss on the marketable securities of RM34.9 million. Besides, there was an impairment loss of RM6.9
million and RM4.8 million on the investment of unquoted shares and trade and other receivables, respectively.

NOTHING GOOD. FURTHER LOSSES DUE TO FAIR VALUE INVESTMENT LOSS. OUR CASH BALANCE DEPLETING
AND I NOTICE SOMETHING WRONG IN OUR I3 REPORTING HERE. I3 REPORTS WE NOW HAVE 3.950 BILLION SHARES COMPARED TO LAST QTR 5.902 BILLION SHARES. DO NOT KNOW WHERE SUDDENLY NOSH DROPS BY 2 BILLION.??? I CHECK THEIR ANNOUCEMENT, NO NEW ESOS OR PP OR ANY CAPITAL REDUCTION BUT OUR NOSH SUDDENLY DROPPED TO 3.950 BILLION.
The Group registered a revenue of RM4.3 million in the current quarter ended 30 June 2022. The revenue was
contirbuted substantially from the Portfolio Investment Segment, which was 93% of the total revenue. The revenue for
Portfolio Investment Segment was mainly derived from the selling of short term marketable securities. Besides, the
Financial Assistance Services Segment contributed 6% of the total revenue.
The Group recorded a loss before taxation of RM51.1 million in the current quarter ended 30 June 2022. This was mainly
due to the fair value loss on the marketable securities of RM34.9 million. Besides, there was an impairment loss of RM6.9
million and RM4.8 million on the investment of unquoted shares and trade and other receivables, respectively.

100% agree with BLee. I parked to buy Fintec and Fintec PA at 0.005. Anybody wants to sell, you are welcomed. Thank you.

Parkir saja lah untuk beli harga setengah sen berbanyak banyak. Tak akan rugi. Dapat pun macam invest untuk Long Term. Fintec akan bangun satu hari nanti. Tunggu masa sahaja.

Our Fintec is stucked in Malaysia at 1 sen a share. In my opinion, if Fintec managements or any other Bursa related counters are unhappy with Bursa, we can always look outward even to the US for Nasdaq listing which is possible. We cannot get stucked here in Malaysia alone. We must be open and think international to make our Fintec Global Berhad name more relevant.

https://youtu.be/irZKc2iEeK8

http://www.legalandcompliance.com/wp-content/uploads/2011/12/LC-Whitepaper-NASDAQ-Listing-Requirements.pdf

Where got zero trade? 8,555,000 shares traded today.

I can buy but after buying, my money will get stuck (not moving) for unknown months or years. Unless Fintec directors do something to improve Fintec shares repo like for example do some works to apply to relist Fintec into Nasdaq etc etc in USA or Hong Kong. Is it possible. If possible, Fintec will easily fly like eagles high up in the sky. My dream only. Hahahahhaaa

Thank you Good123

The group had accused the defendants of allegedly failing to discharge their "respective fiduciary duty, duty of fidelity and/or duty to exercise reasonable care, skill and diligence as directors of the company". Meaning, the Iris Berhad new BODs and shareholders group together to sue all the ex-BODs for the wrong decision for buying into BCS shares. Right? But overall, the title of this piece of news is misleading and confusing. Saying "The High Court has dismissed Iris Corp Bhd’s lawsuit against its former chairmen Tan Sri Razali Ismail and Datuk Nik Azman Mohd Zain and former group managing director and chief executive officer Datuk Tan Say Jim, in relation to losses incurred pertaining to the subscription of Border Control Solutions Ltd (BCS) shares."

Agree 100% with BLee. The RM0-05 is very possible if based on the following scenerio :
1. If Seacera suddenly got a buyer to buy all its 500 acres land in Semenyih at current market price.
2. If Focus Dynamics The Arch Project is completed and all Business around TRX is doing well and back to Pre-Covid and better.
3. If suddenly, Fintec proposes Free Bonus Issue of Free Warrants 1:1 or 1:2 and the warrant conversion price is 5.0 sen or more of less around that.
4. If KLSE comes another rally and having a Bull Market.
5. Fintec shares consolidate 1:5. and c/w Free Warrants like Tanco and Resintc. No no for anymore Right Issue , PP, ESOS or SIS. Please. Please. Please.

1.432 Billion RI Takers at 8 sen c/w free warrants were the average price per share of Fintec in Nov. 2020 those days. Some ESOS takers even paid as high as 16.5 sen a share in June 2017 but later on, ESOS exercises prices kept falling non stop down to as low as 1.0 sen in 2022. Just imagine, how most Fintec investors suffered in silence all along from 2019 to 2022 seeing the prices kept falling until now. Fintec NTA is still strong at 5.0 sen a share now but because they kept issuing ESOS, PP and SIS for the past 3 years, even good company like Borneo Oil Berhad also succumb to the same fate as Fintec. Because too many shares were created into the open market chasing after so limited local investors. We just hope there is no more issuance of ESOS or SIS coming in the future as they surely bring the share prices down. Honestly speaking, today price of 1.0 sen is rare but it still happening every where in our Bursa. If one thinks of long term investment gain, investing in Fintec shares now is the most opportune and appropriate time ever to buy in. Happy investing everyone. Felt sorry for those early investors of Fintec. May you all be well and happy. My prayers for all Fintec shareholders to get your money back handsomely in the future.

BLee, Thanks for your update. Yes, with the arrangement done with Joe Glove, Fintec cash holding is now higher.

NTA still at 0.05 agst Mkt Price of 0.01 (500% discounted price if buy today). Source https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0150

Many thanks to our Fintec supporters today buying up more than 50millions shares in the open market this morning session. Yes to the buyers with great applauses. Sad to see the sellers willing to depart their shares at 1.0 sen. Confidence will come back to Fintec soon. Watch out for those Fintec-PA. There are very limited Fintec-PA in the market to sell. If Fintec shares were to move up, PA shares will lead first, because PA is very small in numbers. Good luck everybody. Wishing all Fintec shareholders all the best, including me. Thank you all.

THANK YOU, whistlebower99.

Watching VSOLAR closely as Fintec and Vsolar are very close in market prices and NOSH. Meanwhile, SC not yet approve VSOLAR proposals.

In fact, whole KLSE taik....

True also BILLC. Same like he advised KYY to buy and sell so many stocks KYY played. All he knows first. He sells first and he buys first.

Thanks OTB for the Good Advises and posting
above.

Posted by OTB > 5 hours ago in the Forum : Why 90% of the investors lost their money in KLSE.

I want to show off here especially to those who attack me for no reason.

I made multi million from KLSE since 2013.
I made a lot of money in 2015, 2017, 2019 and 2020.
I lost in many stocks, I also make a lot of money on many stocks.
Overall I still made multi million in my investment is good enough.

Those have very good skills will make money quietly.
Not to attack others and talk bad about many stocks in I3.
Attack people and continue to talk bad about many stocks in I3 are real losers.

God will bless those with good heart and wish all readers in I3 to make a lot of money.
God will punish those with bad heart and attack all stocks after they sold.
Remember not to talk bad about any stock in I3 because many poor investors are investing their hard earned money in the stock market.
No advantage to you if you continue to talk bad or bad mouth any stock in I3.
You will cause more harm than good to those poor investors.
You will be blessed if you have a good heart to protect all poor investors.
Thank you.

No impact at all. It is just the beginning to divest a bit due to current circumstances. As a businessman myself, I understand their strategy. To me, its good sign for better concentration as an investment holding group rather than doing it on its own. Money collected from divestment can be put to better use. But use the money carefully, now that opportunities out there are aplenty. It is a win win situation for both Fintec and Joe. Joe Holding concentrates on manufacturing while Fintec is concentrating on investment in shares and equities. Easy isnt it? We must have our Right Understanding.

Company rumors lingering that they are con company are common everywhere. Even Genting stocks, Banking stocks and all good stocks I see kena left and right from people in the forum. Just let it be and do your research well, you will be safe.

pineapple123 : Musang King, you sounded like u keep averaging down the price of fintec because of the intention to get rid of this company ASAP when you achieved 1c profit? haha

Musang King : I keep for long term lah. Why sell when Fintec goes up one sen.? If 5 sen , maybe I consider selling some. Honestly, if I buy Fintec and keep now, if I don't make it rich in the future, I better not play buy stock anymore. Honestly. Buying now at 1 sen, where on earth can you find such a cheap and discounted stock? Think.

Agree with DSAI 100% this time. He said it Loud and Clear, but Mahathir is only interested in adding fuel to the Fire whenever he is out of the Gomen.

They cannot confiscate Petronas assets which belong to a private entity according to Tommy Thomas, our No.1 lawyer in 2018. All they can claim is RM5300.00 a year from the Malaysian Government only. He said. But that RM5,300.00 also no need to pay one after Malaysia got its Independence in 1957. The actual payer should be the British Empire, not Malaysia. But Malaysia was so good to pay even after Independence.

Pineapple123 : Musang King, you must be fearful every night looking at so many people really think Fintec is a con company.

Musang King : Not fearful at all cos I have averaged up Fintec shares quite a lot now that the price is at the lowest. Buy more now so that our Fintec average cost of holding will be as low as possible. Fintec is still solid with their money mostly invested for future capital gain. Very important. They are not as risky as those dealing in manufacturing, servicing, construction or adventures that need a lot of manpower. As you see in their latest move, Fintec is disposing 2 of their glove manufacturing lines to Joe Glove Sdn Bhd (100% subsidiary of Joe Holding Berhad} for RM14.47 millions. Good move indeed as Joe Holding Berhad is active in Manufacturing while Fintec is active in Investments only. Furthermore, JOE is very cash rich and investing in taking over Fintec Glove Manufacturing is timely for future manufacturing operations.

I understand there are so many bad comments because most people who commented are very angry with Fintec for issuing so many PP, SIS and ESOS that pulled down the Fintec market price, after they all bought shares when the prices were much much higher. If we take a look at Borneo Oil, they also did a lot of PP and ESOS that brought down their market share prices down to 2.0 sen while their business is very healthy and profitable. Despite their directors keep buying their own shares and have initiated buying back their own shares in the open market, Borneo Oil still drops continueously non stop.

I think the above case is very straight forward. Defendants Ricky Wong, his mother Teh Sew Wan and Wong SK Holdings Sdn Bhd contravened the Capital Markets and Services Act 2007 were investors buying up BPI shares and became a major shareholder holding more than 30% until now. He could have used Chairman Syed Ali and some staffs name to buy BPI shares at 60 to 62 sen a share. He made a good handsome gain of RM56 Mil at that time. He faced the music when somebody compaint to SC and he was sued. Today BPI share is trading at 17.5 sen a share but he is still holding 32.94% shares bought mostly above 60 sen each those days. He did not run away and he is still holding 32.94 interest in the Group. Just a case of using other people names, he landed himself in court. I think. What do you think Good123? Any link to Fintec? Nothing, isn't it except we should be alarmed if a PLC keeps issuing RI, PP, SIS and ESOS using other people names to buy and sell as in the case of Bright Packaging Industry Bhd mentioned above. Right? Good123. Thanks for your posting too. Good for Educational Purpose for all of us here.

How did he siphoned the money out? Anybody knows? What is the outcome of this court case?

https://www.theedgemarkets.com/article/sc-show-how-ricky-wong-siphoned-over-rm50m-bright-packaging-industry-rights-issue-private

MTRONIC & AGES mother shares are both doing very well today. Hope it also happens to Fintec later. Today our FINTEC queue buy increased to 682.96 millions with 1.494 orders. Selling queue is just 27.03 millions with 130 orders as at closing. There is sudden interest coming in to Fintec compared with yesterday buying queue for 646 millions with 1,420 orders.

Yes, to hell to all the old dynasties and old governments. We are the present. Take good care of our present situations. Got war, let's fight. Got foods, let's eat. Got money, let's use. Move on. We should not delve with the past. Move on, Malaysia. Nothing can stop us moving on.

One day, Malaysia will be separated for sure like how Russia was and how India was, by the Whites. There are signs of weaknesses in our present government unless we stay firmly close to China. Only China can help us Malaysia. China is extremely strong now, not like before WW2. China experienced this before but survived except the Taiwan issue only. Get advices from China. Everybody will be quiet. Now you all know, ex-PM good and close to China have a reason.

nicholas99 : When british cease control. why sulu no come up front and demand? now only talk.. celaka.. orang sudah merdeka.. baru mahu cakap raja sulu.. now many monarchy gg.. still dare talk raja sulu. even if they able to get back the land. one day also kena bring down. some more, they never govern the place before..

Last time their raja sulu lineage gone already.. then the government put new guy to continue their raja sulu lineage. don't know he is true heir or not.

CORRECT. IF SULU CAN DIG OUT OLD ISSUE TO DEMAND, THEN ALL THE RAJA RAJA AND OUTDATED SULTANS THAT MALAYSIA DO NOT RECOGNISE ALSO COME OUT TO DEMAND. I BELIEVE THERE ARE MANY OUT THERE.

855 posts

Posted by Musang King > 0 seconds ago | Report Abuse

Why? Because we have people inside Malaysia poked and added fire to it. Maybe got share if successful. I guess everybody knows. Just make don't know.

Well said and researched, BLee and good123. Both postings above are very very important and supreme alarming to know and take serious note of. I concur with good123 for his arguments and I applaud BLee for helping to search why auditors for AGES resigned. Thank you both.

http://www.taipeitimes.com/News/worldbiz/archives/2002/04/23/0000133100

https://www.asiafinancial.com/us-calls-for-payment-on-qing-dynasty-bonds-worth-1-6-trillion

The above bonds debts are even newer than the Sulu agreement you all talking about. If our government is strong like China, why bother to talk. Wasting time and energy. All of you.

The story begins nearly 100 years ago, in 1913, when the government of China began issuing bonds to foreign investors and governments for infrastructure work to modernize the country. As the country fell into civil war in 1927, paying these debts became increasingly difficult and the government fell into default. Even so, in April 1938, the Nationalist government of China began to issue U.S.-dollar denominated bonds to finance the war against Japan's brutal invasion.

Locked in a pitched battle for survival, the government issued these bonds into 1940. As part of its wartime financial aid, the U.S. government further provided a $500 million credit to China in March 1942, shipping gold there and helping to stabilize the currency. In return, it appears that the U.S. government redeemed some of these dollar-denominated bonds. But China doesn't appear to have repaid this debt either, according to State Department records, and the declaration of the People's Republic of China in 1949 ended decades of political, military and financial cooperation.

While successor governments are usually bound by the debts of predecessor governments, the new Communist government refused to pay any of these claims. The issue lay dormant for decades, just as the bilateral relationship did. Then, in 1979, as part of normalizing relations, Washington released government financial claims regarding the expropriation of American property and appears to have dropped the matter of the war debt entirely. However, it is one thing for government decision-makers to let go of government debt, however questionable that is.

What agreements also useless. If a Strong Government don't want to pay, even if you sue them up to the UN, also useless. From 19th Century up to 1947, Chinese Emperors and Chinese Komintang Government made so many Bonds Agreements promising to pay all Bond Holders their hard earned money they lent to the Chinese Government during that time. until now, China only chosen to pay some of the 1913 Bond Debts to the British Bond Holders in 1997. The rest of the Bond Holders in millions never get a cent back until today. The Bonds are all printed in Bold Colours with the Chinese Government Imperial Hand Signatory Chops. I have a few of these Bonds Certificates. Until today, Chinese Government do not want to pay. What can you do? Referring to all these Sovereign Debts that USA has a lot. Search Google, you will find out.

THERE ARE 2 REASONS WHY THE EXTERNAL AUDITORS RESIGN.

NO.1 : THE AUDITORS ARE FORCED TO RESIGN VOLUNTARILY DUE TO SC'S REQUIREMENT AND PUNISHMENT. THIS IS TEMPORARY AND WILL BE RE-APPOINTED BACK AFTER THEIR SUSPENSION PERIOD.

NO. 2 : THE AUDITORS RESIGNED AND REFUSED TO CARRY ON WORKING WITH THE COMPANY THEY ARE AUDITING IS ANOTHER THING, TOTALLY DIFFERENT FROM THE ABOVE.

PLEASE KNOW THESE TWO DIFFERENCES. THEY ARE VERY IMPORTANT. DO NOT MIX THEM ALTOGETHER AS ONE. FYI, REASON NO.2 IS VERY ALARMING AND SERIOUS. IT SHOWS THE AUDITORS HAVE NO FAITH IN THE COMPANY AND DO NOT WANT TO CONTINUE WORKING AS AUDITORS OF THE COMPANY THEY ARE AUDITING. AUDITORS ALSO CABUT, YOU SHOULD KNOW WHAT TO DO LAH.

BLee. AGES moving upwards is just the beginning from 4th July till now. Very interesting to see how it goes from now. AGES multiple proposals are straight forward. They were approved for 15:1 share consolidation when the mother share was traded pre-conso at 2.5 sen and then after consolidation, consolidated price went downwards south from 38 sen to 19sen a share. ( this was really a scary moment ). However, AGES got approval for their RI later for 1:2 with the issue price of RM0.20 a share based on the 5 days VMAP from 10/4/2022 to 15/4/2022 with discount ranging from 20 to 40%. of the shares.

Today, AGES swing back upwards to 46.5 sen closing. What a relief for all AGES investors? I hope AGES and MTRONIC continue to move upwards and hope they would continue to stay there longer, marking as a positive signal to all Penny Stock Investments in Bursa Malaysia.

Our Prayers may come true. Will buy up some 1 sen Fintec shares today. Afterall queued up daily for so many days at 0.005 also cannot get any. Thanks BLee.

Hi Bro.BLee. Sudden rise in Ages, the last few days. Investors have being scared for 3 months already. Like salt fish comes back alive. Awesome. Ageson. Thanks for informing. Wishing your Ages-PA goes up too. Cheers.