FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.155

Today's Change

0.00 (0.00%)

Day's Change

0.15 - 0.16

Trading Volume

1,436,800


16 people like this.

27,750 comment(s). Last comment by BE_GREEEEEDY 1 day ago

kelvin61

825 posts

Posted by kelvin61 > 2023-06-02 11:15 | Report Abuse

When they made a fortune in Focus Dynamics when prices were sky high they did not sell. When the share price collapsed, they sell like no tomorrow for big loss.

Wonder who appointed the Donkeys to run and make decisions.

M55555

960 posts

Posted by M55555 > 2023-06-02 12:04 | Report Abuse

Investments in marketable securities . Who need this service? Go do some real work la.

Posted by whistlebower99 > 2023-06-07 20:01 | Report Abuse


FOR NEWBIES

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359939

Huge paper losses of about RM120 million in investment in quoted securities

============
When company fund runs low, directors might resort to fund raising via share issuance to PP, ESOS again
Might even do share consolidation follow by rights issue

https://www.klsescreener.com/v2/stocks/view/0150/fintec-global-berhad

sunsetbiz

742 posts

Posted by sunsetbiz > 2023-06-23 11:38 | Report Abuse

next step will be consol.... 20:1 or 30:1.....:)

Posted by whistlebower99 > 2023-06-23 15:44 | Report Abuse

Hope new IGP & DIGP team will work together with other enforcement agencies to clean up any irregularities involving public listed company directors

sunsetbiz

742 posts

Posted by sunsetbiz > 2023-06-27 11:31 | Report Abuse

smart group which bought companies to play all shares around.... )

Icon 888

2,216 posts

Posted by Icon 888 > 2023-06-28 01:53 | Report Abuse

Consolidate coming soon.. dun buy tis share.. die straight

sunsetbiz

742 posts

Posted by sunsetbiz > 2023-06-28 17:03 | Report Abuse

those still holding it may wait to loss alll ........:)

bjgdila123

3,463 posts

Posted by bjgdila123 > 2023-07-25 10:15 | Report Abuse

sudah byk collrct naik 5 sen cukup sudah

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2023-08-20 16:08 | Report Abuse

FINTEC HAVE REACH 5BIL.SHARES,

TIME TO BURN THE JOSS PAPER ,

AN OFFERING TO BIG BELLY BOSS ,

EVERYTHING WILL TURN TO ASH ,

WHAT DO YOU GET ?

ZERO !

Posted by whistlebower99 > 2023-08-22 09:39 | Report Abuse

FOR NEWBIES
JOE is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 21 August 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - JOE, GOCEAN, DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = VSOLAR, MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Posted by whistlebower99 > 2023-08-28 10:42 | Report Abuse

FOR NEWBIES

KOMARK is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 23 August 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - KOMARK, JOE, GOCEAN, DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = VSOLAR, MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

bursabursa

346 posts

Posted by bursabursa > 2023-10-02 13:01 | Report Abuse

High volume

bursabursa

346 posts

Posted by bursabursa > 2023-10-02 13:37 | Report Abuse

High volume

sunsetbiz

742 posts

Posted by sunsetbiz > 2023-10-02 17:58 | Report Abuse

to cheat ppl or own... :)

Musang King

1,004 posts

Posted by Musang King > 2023-10-03 17:12 | Report Abuse

HIGH VOLUME ON 25/9/2023 MONDAY- 61.087400 MIL SHARES TRADED 58.916 MIL DONE AT 0.01 & 2.171 MIL DONE AT 0.005
BUT LAST MINUTE PUSH DOWN TO 0.005 DONE BY SOMEONE.

Musang King

1,004 posts

Posted by Musang King > 2023-10-03 17:35 | Report Abuse

AGAIN HIGH VOLUME ON MONDAY 02/10/2023 - 100.537800 MIL SHARES TRADED, 99.916700 MIL DONE AT 0.01 & ONLY 621,100 SHARES DONE AT 0.005
AGAIN LAST MINUTE PUSH DOWN TO 0.005 DONE BY SOMEONE. RANKED 3RD HIGHEST STOCK THAT DAY.
REMARKS : HIGHEST NTA RECORDED ON 30/9/2020 AT 91.76 SEN A SHARE. REACHED 13.5 SEN CLOSED ON 11/11/2020 WITH 313.217 MIL SHARES TRADED. CURRENT NTA NOW ON 30/6/2023 DATA AT 3.62 SEN A SHARE.

Musang King

1,004 posts

Posted by Musang King > 2023-10-03 17:47 | Report Abuse

Investments in quoted securities as at 20 March 2023
- Total Cost
203,155,353.98

- Total Book Value
88,564,898.10

- Total Market Value
75,900,347.16

THAT WAS WHY FINTEC'S NTA MOVED UP WHEN KLCI MARKET WAS UP, MOVED DOWN WHEN KLCI MARKET IS DOWN. MY OBSERVATION ONLY.

Musang King

1,004 posts

Posted by Musang King > 2023-10-06 18:17 | Report Abuse

CHECK THIS WEBSITE. A LOT OF INFORMATION IN HERE IF YOU WANT TO SEE YOURSELF.
https://www.fintec.global/

M55555

960 posts

Posted by M55555 > 2023-10-10 11:14 | Report Abuse

How many employees are there in this company? What is their daily job or task ? How and what are the productivity and contribution to the company revenue ? What they produce?

Musang King

1,004 posts

Posted by Musang King > 2023-10-10 18:36 | Report Abuse

FINTEC is not producing anything. Merely an Investment Group engaged in portfolio investment in quoted and unquoted shares. Most of their workers are inside the companies Fintec invested. That's what I observe.

Musang King

1,004 posts

Posted by Musang King > 2023-10-10 18:47 | Report Abuse

At the Company level, Fintec had paid RM627,000 salaries and bonus to executive/managing
directors.
Question: what is the breakdown of the “Salaries and bonus” to executive/managing
directors?
Answer: Salaries: RM542,000 and Bonus: RM85,000 for the 2022 FY

M55555

960 posts

Posted by M55555 > 2023-10-11 10:09 | Report Abuse

check out their annual report. Employees and management get together activities ( seem a lot of staff ).. and training cost too.


https://www.fintec.global/investor-relations

https://www.fintec.global/_files/ugd/4c64bf_207b34579be84d1ca2d8184a8a186c1f.pdf

Posted by whistlebower99 > 2023-10-27 12:12 | Report Abuse

FOR NEWBIES

MLAB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 25 Oct 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - MLAB, KGROUP, AEM, KOMARK, TECHNAX, ICON
2023 completed = MMAG, GOCEAN, JOE, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

sunsetbiz

742 posts

Posted by sunsetbiz > 2023-10-30 12:10 | Report Abuse

die hard fans keep promoting even alll know this is just a dream...:)

Posted by whistlebower99 > 2023-11-01 15:10 | Report Abuse

FOR NEWBIES

AT is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Oct 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - AT, MLAB, KGROUP, AEM, TECHNAX, ICON
2023 completed = KOMARK, MMAG, GOCEAN, JOE, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Icon 888

2,216 posts

Posted by Icon 888 > 2023-11-15 23:08 | Report Abuse

Crazy number of share.. sure consolidation

Posted by whistlebower99 > 2023-11-30 23:09 | Report Abuse

Huge profit for this quarter. Where does it come from?

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5977773

BLee

747 posts

Posted by BLee > 2023-12-01 07:36 | Report Abuse

"@whistlebower99

Huge profit for this quarter. Where does it come from?

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5977773"

@BLee: The answer can be found at the Extract from Latest QR ending Sept. 2023
"Portfolio investment:
This segment reported a profit before tax of RM36.50 million in current quarter ended 30 September 2023, improved by RM62.45 million as compared to loss before tax of RM25.95 million in previous
year's corresponding quarter ended 30 September 2022, mainly due to mark-to-market profit of RM35.82 million in the Group's strategic investments in current quarter as opposed to mark-to-market loss of RM26.82 million in previous year's corresponding quarter."

Caution: As this make-up of a partly full report, please read the whole report for a better understanding of the group's financial standing.

I am stuck for months at RM0.005 for both mother and ICPS, poised to recover my investment, hopefully as this counter very much depends on market direction… Happy trading and TradeAtYourOwnRisk

Musang King

1,004 posts

Posted by Musang King > 2023-12-06 17:41 | Report Abuse

Fair value (gain)/loss on marketable securities (35,819) Probably from the increase in the Share value of Seacera counter where Fintec holds approx 30% or more.

Musang King

1,004 posts

Posted by Musang King > 2023-12-06 17:43 | Report Abuse

Another Good News if Trax project in Jalan Tun Razak is completed and that area becomes robust again soon.

Posted by Penyiasat > 2024-01-02 09:44 | Report Abuse

Fintec Global Berhad is a Malaysia-based company, which is engaged in technology incubation, investment holding, manufacturing and sale of rubber gloves. The Company operates through four segments: Portfolio investment, Biotechnology products, Financial services and Glove business. The Portfolio investment segment is focused on investments in food and beverage, personal protective healthcare equipment, agriculture, financial and information technology. The Company provides management and strategic advisory services; research, development, and commercialization of agriculture and farming technologies; research related services; and business networking and funding services to incubate companies. Its portfolio includes food & beverage, financial & information technology, sale & trading of building materials & property development, financial services, agriculture, and healthcare. Its subsidiaries include Gro Asia Agritechnology Sdn. Bhd., Asiabio Capital Sdn. Bhd., and others.

Lot 13.1, Level 13, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort
PETALING JAYA, SELANGOR 47410
Malaysia
+60 3 76226988

Sector
Consumer Cyclicals

Incorporated
2007

Industry
Hotels & Entertainment Services

Employees
21

kenie

117 posts

Posted by kenie > 2024-01-02 09:51 | Report Abuse

shares consolidation

kenie

117 posts

Posted by kenie > 2024-01-02 16:08 | Report Abuse

shares issued 5.92b

Posted by Wintogether > 2024-01-02 16:22 | Report Abuse

FINTEC P/E 2.88X only.

Posted by Wintogether > 2024-01-02 16:24 | Report Abuse

FINTEC traded at PE 2.88x only. Zero Debt and Net Cash stock.

Posted by Wintogether > 2024-01-02 16:26 | Report Abuse

Among the penny stock goreng up sharply recently. FINTEC has the strongest fundamentals.

ncy810116

288 posts

Posted by ncy810116 > 2024-01-02 17:13 | Report Abuse

big bro is back...

Musang King

1,004 posts

Posted by Musang King > 2024-01-02 17:31 | Report Abuse

YES

Stockskid

441 posts

Posted by Stockskid > 2024-01-03 11:27 | Report Abuse

Collecting units while it's cheap.. not jump in when people fried the price up and you stuck inside..

Musang King

1,004 posts

Posted by Musang King > 2024-01-04 15:21 | Report Abuse

BUY FINTEC-PA AT 0.01 MEANS YOU ARE BUYING FINTEC AT 0.013.
FINTEC PRICE NOW IS TRADING AT 0.015 CURRENTLY.

Stockskid

441 posts

Posted by Stockskid > 2024-01-04 15:56 | Report Abuse

Mostly fintec invest segment is increasing.. next QR will be another profiting ..

Musang King

1,004 posts

Posted by Musang King > 2024-01-09 14:36 | Report Abuse

Remember Joe Holding's NTA only 6 sen but today Joe went up to 25.5 sen. Fantastic performance.

Musang King

1,004 posts

Posted by Musang King > 2024-01-09 15:08 | Report Abuse

Sorry, NTA for Joe adjusted to 60 sen per share after consolidation 10:1 recently.

joseph

66 posts

Posted by joseph > 2024-01-10 11:16 | Report Abuse

MCO COVID fintec , AT , Hongseng heavily issued shares raised fund enteering gloves business

kenie

117 posts

Posted by kenie > 2024-01-10 11:17 | Report Abuse

yes this company shares issued all over 5 billions

kenie

117 posts

Posted by kenie > 2024-01-10 11:19 | Report Abuse

this year is time they doing shares consolidation to burn sharesholder

kenie

117 posts

Posted by kenie > 2024-01-10 11:19 | Report Abuse

ya...boss selling all their hand shares

Stockskid

441 posts

Posted by Stockskid > 2024-01-10 12:56 | Report Abuse

0.01 value buy in and u scare of consolidate? Haha

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