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Last Price Today's Change   Day's Range   Trading Volume
2.75   0.00 (0.00%)  0.00 - 0.00  0
24,128 comment(s). Last comment by Raiz368 at May 18, 2021 7:48 AM
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Citadel9999
735 posts

Posted by Citadel9999 > May 12, 2021 12:06 AM | Report Abuse

nice drop more so I can buy!!!!


prince11
75 posts

Posted by prince11 > May 12, 2021 12:07 AM | Report Abuse

tech sell off right now because of inflation fears and commodities surge.
maybe this time another correction for tech since last February


prince11
75 posts

Posted by prince11 > May 12, 2021 12:07 AM | Report Abuse

so. dont waste your money right now.
let everything settle down first


xuxu
3701 posts

Posted by xuxu > May 12, 2021 9:06 AM | Report Abuse

whatever ppl talk don't believe, all sinkalan. believe yourself


shearer202
1181 posts

Posted by shearer202 > May 12, 2021 9:54 AM | Report Abuse

Anything can happen during long holidays !


The Market
476 posts

Posted by The Market > May 12, 2021 1:47 PM | Report Abuse

The bonus issue 1 for 2 after ex on the 28th April price close @ 3.20 .Before Ex 27th April price close @ 3.37 PE 60.61 .( 1 for 2 bonus base on 27th close prices 3.37+ 3.37 =6.74 /3 Ex price should be 2.247 ).But on the 28th after ex the closing price @ 3.20 never adjusted .By right the markets semiconductor sector if correction 30% should below 2.247(-30%) the reasonable prices & PE should come to 1.60 .PE 28.78 .

Invest wisely and investment take yours own risk !!!


icst1975
115 posts

Posted by icst1975 > May 12, 2021 2:43 PM | Report Abuse

MR. The Market:
FRONTKN 1:2 Bonus X-date was on 27.04.2021. Closing price on 26.04.2021 was RM5.12. Adjusted price based on 26.04.2021 closing price would be (RM5.12+RM5.12)/(2+1) = RM3.41.
On 27.04.2021, share price opened at RM3.28 and closed at RM3.37; share was traded between day high RM 3.45 and day low RM3.25. Base on 12.05.21 closing at RM 2.79, share price had declined by about 18% from pre-x price of RM3.41. Regards.


icst1975
115 posts

Posted by icst1975 > May 12, 2021 3:13 PM | Report Abuse

World semi-conductor sector is expected to see strong growth over at least the next 3 to 5 years due to 5G, IR 4.0, IOT, digitisation in numerous fronts....
At RM2.79, the annualiased PE = 48.
Market is forward looking into future earning. At projected growth of 35% per annum, at the current price RM2.79, the projected forward PE at end 2022 would only about 26.
Project PE end 2022 = 48/(1.35 x 1.35) = 26.3.


The Market
476 posts

Posted by The Market > May 12, 2021 4:05 PM | Report Abuse

Yahoo & Klse Information Not Reliable ? :)

FRONTKN (0128.KL) Stock Historical Prices & Data - Yahoo Finance ( maybe yahoo mistake :) )

20/4 /21. Hight 3.633. To 30/4./21. Low. 3.1600

https://finance.yahoo.com/quote/0128.KL/history/


icst1975
115 posts

Posted by icst1975 > May 12, 2021 4:25 PM | Report Abuse

Yahoo finance had adjusted the historical prices before X-date of the bonus issue (stock split). This is the correct way to look at the historical prices. Otherwise it would be very misleading.


brian3381
334 posts

Posted by brian3381 > May 12, 2021 4:49 PM | Report Abuse

Icst75, any px adjusment after free warant?


icst1975
115 posts

Posted by icst1975 > May 12, 2021 5:19 PM | Report Abuse

There should not be price adjustment for the free bonus warrant which has an exercise price of RM4.0, significantly higher than the pre X-date closing price of RM3.41 on 26.04.2021. However, the downward price adjustment since then could be due to
1) more cautious market sentiment on technology stocks following the strong run up in the past 1 year.
2) possibility of profit taking by insiders and people acting on their behalf who had bought FrontKn shares a couple of months before announcement of Bonus issues.


icst1975
115 posts

Posted by icst1975 > May 12, 2021 5:25 PM | Report Abuse

The warrants would not be exercised due to the high exercise price (RM4.0) set and the high premium for exercising the conversion to mother shares. Therefore there would not be share dilution due to conversion in the foreseeable future. Any conversion would likely happen towards the end of the 5-year maturity period 03.05.2026.


brian3381
334 posts

Posted by brian3381 > May 12, 2021 5:50 PM | Report Abuse

Means the px of frontken is 419 before bonus


icst1975
115 posts

Posted by icst1975 > May 12, 2021 6:59 PM | Report Abuse

The actual closing share price on 26.04.21 was RM 5.12 before x on 27.04.2021
1 for 2 Bonus (5.12+5.12)/ (2+1 bonus share) = RM 3.41.
Bursa had pre-set a theoretical opening price at RM3.56 before trade commenced at 9 a.m. 27.04.2021.
Market, however, ignored this calculated theoretical price as there would be no conversion in the short to medium term. Following is how RM3.56 was calculated:

(5.12+5.12+4.0)/(2 + 1 Bonus share + 1 converted free warrant to mother share at RM4.0) = RM3.56


prince11
75 posts

Posted by prince11 > May 12, 2021 10:52 PM | Report Abuse

multibagger


BatteriesNotIncluded
79 posts

Posted by BatteriesNotIncluded > May 13, 2021 7:19 PM | Report Abuse

going back to RM1.40 @ PE25. Now PE50 too high liao. why 50? coz they are not growing fast enough. at PE50, dollar for dollar might as well buy Apple at PE 28


Targeted
2260 posts

Posted by Targeted > May 14, 2021 7:40 PM | Report Abuse

.
Those who can buy and hold most of it would, after expiry, have a lot of balance fr next generation.


The Market
476 posts

Posted by The Market > May 15, 2021 1:37 PM | Report Abuse

全球媒體關注 [ 513 全台大停電 ] !!!

https://youtu.be/J9DwyVHLPJo


The Market
476 posts

Posted by The Market > May 16, 2021 4:09 AM | Report Abuse

台灣本土確診再+13外媒直指512股災「疫情擔憂和晶片股拋售」拖累!?

https://youtu.be/60cITyoh6JE


Raiz368
296 posts

Posted by Raiz368 > May 16, 2021 4:18 PM | Report Abuse

Mkt expected strong rebound tomorrow included tech and semi con stock


Targeted
2260 posts

Posted by Targeted > May 16, 2021 8:34 PM | Report Abuse

Expect TSMC to be next trillion dollar company........


xuxu
3701 posts

Posted by xuxu > May 17, 2021 10:24 AM | Report Abuse

No support already ar ? haha


newbie2y
346 posts

Posted by newbie2y > May 17, 2021 12:12 PM | Report Abuse

avg up further on the mother and daughter :)


xuxu
3701 posts

Posted by xuxu > May 17, 2021 3:22 PM | Report Abuse

got support again hehe


Raiz368
296 posts

Posted by Raiz368 > May 18, 2021 12:06 AM | Report Abuse

Very strong support to maintain above 2.70


gogogogo
948 posts

Posted by gogogogo > May 18, 2021 4:52 AM | Report Abuse

Wait for 2.5 to 2.3


Raiz368
296 posts

Posted by Raiz368 > May 18, 2021 7:48 AM | Report Abuse

This stock is already oversold and must be have technical rebound...

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