Highlights
KLSE: FINTEC (0150)       FINTEC GLOBAL BERHAD ACE : Finance
Last Price Today's Change   Day's Range   Trading Volume
0.02   +0.005 (33.33%)  0.015 - 0.02  1,759,800
Analyze this stock with MQ Trader system

Technical Indicators

Date: Oct 21, 2021 Price: 0.02

Simple Moving Average
10 20 30 40 50 60 90 120 200 250
SMA 0.017 0.017 0.019 0.02 0.021 0.022 0.024 0.029 0.045 0.056
Variance 0.003 0.003 0.001 0.00 -0.001 -0.002 -0.004 -0.009 -0.025 -0.036
Variance(%) 18% 18% 5% 0% 5% 9% 17% 31% 56% 64%
**Variance - Comparison between stock price and moving average.
Exponential Moving Average
10 20 30 40 50 60 90 120 200 250
EMA 0.018 0.02 0.022 0.025 0.027 0.03 0.037 0.044 0.064 0.073
Variance 0.002 0.00 -0.002 -0.005 -0.007 -0.01 -0.017 -0.024 -0.044 -0.053
Variance(%) 11% 0% 9% 20% 26% 33% 46% 55% 69% 73%
**Variance - Comparison between stock price and moving average.
Relative Strength Index
9 14 25
RSI 66.667 60.00 42.857
**>70 is overbought while <30 is oversold.
William %R
9 14 25
%R 0.00% 0.00% -66.667%
**>-20 is overbought while <-80 is oversold.
Money Flow Index
9 14 25
MFI 7.609 10.456 0.453
**>80 is overbought while <20 is oversold.
Rate of Change
21 63 125 250
ROC 0.00% -20.00% -60.00% -77.778%
**>8% is overbought while <-8% is oversold.
Percentage Price Oscillator
5,35,5 12,26,9
PPO -26.087 -14.286
Signal -27.765 -14.161
Variance 1.678 -0.125
Variance(%) 6% 1%
**Variance - Comparison between PPO and signal line.
Moving Average Convergence-Divergence
5,35,5 12,26,9
MACD -0.006 -0.003
Signal -0.006 -0.004
Variance 0.00 0.001
Variance(%) 0% 25%
**Variance - Comparison between MACD and signal line.
Stochastic Oscillator (Fast)
14,3 18,9
%K 100.00 100.00
%D 33.333 18.518
**%D >80 is overbought while %D <20 is oversold.
Stochastic Oscillator (Slow)
14,3 18,9
%K 33.333 18.518
%D 22.222 8.642
**%D >80 is overbought while %D <20 is oversold.
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  16 people like this.
 
Noworry21 You r wrong no body will losses in this counter. Just patience ok
03/10/2021 9:47 AM
BLee @Noworry21: You r wrong no body will losses in this counter. Just patience ok

03/10/2021 9:47 AM

BLee: @Noworry21, I think @Sales is half correct, it is true that people bought Fintec to gain profit; poor and Rich. Those invest for long term and at low price will not feel trap. I cannot says the same for those who went in at high price. I have calculated in my article publish today that due to Fintec low price last Friday; Cash/Capital at a very undervalue of 1.4 i.e. for every 1sen is worth 1.4sen in cash.
Happy trading and TradeAtYourOwnRisk.
03/10/2021 5:36 PM
Elitetrader Keep for a long long long time till it decays.
04/10/2021 3:35 PM
HamsterHuat if want no losses...waitlah for 5 cent....the lowest possible...
and if happen....
for sure...share consolidation will commence soon..
hahaha
04/10/2021 7:38 PM
whistlebower99 Post removed. Why?
05/10/2021 2:48 PM
Musang King if want no losses...waitlah for 5 cent....the lowest possible...
and if happen....
for sure...share consolidation will commence soon..
hahaha

HamsterHuat. you are right. I fail expecting Fintec to move up but down. Never expected they Fintec also failed miserably. Luckily, they still have NTA of 7 sen a share. Cry also no tears.

https://www.youtube.com/watch?v=x6U3vqkEzIE&list=RDx6U3vqkEzIE&index
05/10/2021 4:34 PM
Elitetrader Whistlebower doing a good job disappointing those who bought high.
05/10/2021 4:40 PM
Musang King May All Beings Be free from sufferings that Fintec had on us all ... May all Beings Be Free from the scams of the Fintec Directors ....May All Beings get back their Monies invested into Fintec Global Shares....May Miracles happen back to Fintec so that the shares or shareholdings they possessed move up in the future.
05/10/2021 4:40 PM
Musang King Now not everything is lost. We still see Fintec Global and its associate companies holding huge pile of cash in hand as at now. I just hope they can make good and careful use of the CASH IN HAND and make good and careful decisions for the shareholders. Namo Amitofu.
05/10/2021 4:51 PM
05/10/2021 5:01 PM
Buylowandrun rubbish company always a rubbish company
07/10/2021 10:40 PM
Buylowandrun sato Get ready to:

Consolidation-> RI -> ESOS x100 -> PP x10 again

SC is doing what?

SC makan kopi o lah
keep giving green light for unlimited PP ESOS CONSOLIDATION
haha
07/10/2021 10:42 PM
gghaha wat to do...ppl got tons of cash from mkt to support the govt ....:)
08/10/2021 11:31 AM
whistlebower99 ACQUISITION OF SHARES IN NETX HOLDINGS BERHAD

The Board of Directors of FINTEC wishes to announce that its wholly-owned subsidiary, Fintec Global Limited (“FGL”), that is principally involved in the investment of marketable securities, had on 29 September 2021 acquired in aggregate 96,719,200 shares of NetX Holdings Berhad (“NETX”), representing approximately 11.57% equity stake in NETX, from the open market for an aggregate consideration of RM14,288,774.48 (“Acquisition Consideration”) in cash (hereinafter referred to as the “Acquisition”).
08/10/2021 11:47 AM
Elitetrader When you multiply a negative 10 with a negative 10 , u get positive 100. So when a loss making company buys another loss maker, u get a profit generator. Lol.
08/10/2021 12:17 PM
BLee @Elitetrader, good mathematic. The paper loss reporting was as at end June 2021. If you calculate the investment shareholdings for both companies as at end Sept. 2021 (the next QR cut off period), your mathematic could be correct. Happy trading
08/10/2021 12:51 PM
Musang King Yes true. I may have failed my Accounting bad time but I clearly know Fintec can made RM720 Mil at one time, Fintec can also lose it anytime around in the future. As long as Fintec is still holding all its share holdings of all the public listed entities and not selling them, one day it will bounce back Big Time too. Afterall, The Accounting of Profits and Losses of all Public Listed Entities nowadays are all based on Current Market Valuation Method and not based on Historical Cost alone. Hope you all get what I mean. A PLC who knows how to write off Bad Debts and Obsolete Stocks is a prudent entity, while an entity keeps reporting fake profits year after year without any provision for bad debts and obsolete stocks is not prudent company but a dangerous one indeed. Just my thought.
09/10/2021 4:57 PM
Musang King https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-08-story-h1591966271-A_VERY_VERY_VERY_INTERESTING_DISCOVERY_ALL_i3_FORUM_PLAYERS_TRADERS_PUN.jsp
09/10/2021 5:01 PM
Musang King Current Trend. 90% of the KLSE investors losing money is true. So even if we buy on our own. we still lose money. Thats normal. I just pray Fintec is smart enough to beat the 90% norm and helps us to recover back our losses in the future.
09/10/2021 5:04 PM
ahbah Be gridi when others are fearful !

Be fearful when others are gridi !
09/10/2021 5:09 PM
Sales Sad lost more than 80 percent, what kind of investment is this stock????
11/10/2021 11:40 AM
Gtrade fintec 2c-2.5c 3 weeks ago. I saw many chiak -chiak transaction at 2.5c. But every time chiak @2.5c, mysterious hand dumped huge volume at 2c.
Those who chiak@2.5c, better get out @2c if you can, because next few weeks will be 1c-1.5c.
And few more weeks will be 0.5c-1c when announcement of possible new1.5 billion RI/ESOS/PP
11/10/2021 10:45 PM
Elitetrader When they dump, u chiak?
12/10/2021 6:32 AM
bjgdila123 siapa yg sanhkut...... mampus lo
12/10/2021 8:22 AM
BLee Elitetrader When they dump, u chiak?

12/10/2021 6:32 AM

@Elitetrader, a good question. After one hour of trade, 100% buying at 2sen only. Seems overall, the market recovering after borders opening. Seems can only chiak (eat) at 2sen...Happy trading and TradeAtYourOwnRisk
12/10/2021 10:20 AM
modestos @Gtrade you are right to more you chiak the more PP/ESOS coming out lower and lower until 0.05 share will consolidate and do all over again from the top meaning they are printing cheap or free money
13/10/2021 12:28 AM
modestos squeezed till the last drop. - The Edge Article - Fintec Global Bhd — which touched a two-year high of 18 sen in September 2020 amid a proposal to diversify into the rubber glove segment, which also has yet to contribute to its earnings as at June 30, 2021 — closed at 1.5 sen on Monday, a 91% drop.

Money raised for glove factory but still no progress. Only progress is to acquire loss making companies. Creating so called Value Investing oops Devalued Investing. if one is not sober enough. God Bless
13/10/2021 12:35 AM
gghaha their biz shld chg to call loss company investing.....:)
13/10/2021 10:00 AM
Gtrade 1c-1.5c coming
13/10/2021 7:58 PM
Gtrade with FINTEC 5b NOSH,30% PP means 1.5b new shares to depress price further. Monitor, will come any time now
13/10/2021 8:00 PM
BLee Today 13.10.2021 Fintec trading data:
Buying: 86% of overall trades, closing at 2sen.
Volume at 2sen: 9983 lots Buy at 100%
Volume at 1.5sen: 1300 lots Buy at 0%
Meaning more buyers depleting sell volume, sign of recovery play.
If to reach 1sen, need to cross 2.481mil buyer lots first.
Happy trading and TradeAtYourOwnRisk
13/10/2021 9:05 PM
Elitetrader BLee. Don't waste your time. At 2 sen and with that kind of volume, its insignificant. Sit back and wait.
13/10/2021 9:45 PM
BLee @Elitetrader, I have lots of idling time as construction slow and proposal for new projects not forthcoming. Time for me to go semi-retirement, make way for younger generation. I am just trying to have fun penning some opposite opinion with some data gathering to prove a point. I only look at positive and keep silent on negative, although I agreed with some negative points such as PP and ESOS issuance. Happy trading and sign-off for today..
13/10/2021 11:43 PM
Elitetrader BLee. Things will pick up. Life goes on.
14/10/2021 9:34 PM
BLee @Elitetrader, Yes. Life goes on. Happy to go semi-retirement and no more daily rush for tender dossier and worried about material prices. Hope can live longer with less stress...Happy trading
14/10/2021 10:12 PM
ikattepi Lets face the fact that we trapped. too minimal to exit and too depressed to stay.
15/10/2021 12:42 PM
mysmo1 my comment get deleted? i did not even call out what the counter name is, and it is so quick to get deleted. It looks like my hypothesis is correct.

some counter will keep asking money from investor and channel to some personnel through act of trading on open market. the counter will not benefit, but the operator will benefit.
15/10/2021 5:12 PM
BILLC Post removed. Why?
15/10/2021 5:46 PM
Sales No more penny stock for me, caught trapped because of cash rich with 720 millions. End up lost 80%, sad:(
16/10/2021 4:54 PM
BLee @Sales: No more penny stock for me, caught trapped because of cash rich with 720 millions. End up lost 80%, sad:(

16/10/2021 4:54 PM

BLee: Hi @Sales, Fintec Cash and cash equivalent as below, RM720.5mil only consists of 'paper gain' as at QR reporting.
Although QR30.06.21make a loses of RM-980.2mil consists of 'paper loss', the Cash and cash equivalents increased to a much healthier QR as shown (cash flow reporting).

Cash position during QR30.09.20:- Profit: RM720.5mil
Cash and cash equivalents: RM23.166mil

Cash position during QR30.06.21:-
Loses: RM-980.2mil
Cash and cash equivalents: RM109.996mil

When we invest in stocks, the timing is very important and QR reporting is almost 5 months behind time i.e. 3 months coverage and 2 months for preparation. We shall follow the current 'news' and counters shares holding; and NOT at old history. Please correct me if I make a mistake.
Happy trading and TradeAtYourOwnRisk.

Source: klsescreener Fintec QR
16/10/2021 6:28 PM
CUTLOST Bila mau jln nie..0.015 keep holding tightly
17/10/2021 1:04 AM
sato Invested on other stocks; push up the price high for individual gain, then sell stocks after the mission is complete.
17/10/2021 9:01 PM
Howyoudoin im a rookie here, if fintec stock price drop until 0.001 and below then is it going to get delisted?
18/10/2021 9:25 AM
BLee @Howyoudoin: im a rookie here, if fintec stock price drop until 0.001 and below then is it going to get delisted?

18/10/2021 9:25 AM

BLee: Hi @Howyoudoin, the lowest stock price is half sen i.e. RM0.005, not 0.001. It is a very long process if there is ground to delist a counter such as still insolvent after many warning to meet listing criteria. It is NOT due to stock price. Fintec is very cash rich at last QR i.e. cash of RM109mil vs market cap of RM78mil; meaning you can buy the ALL Fintec shares at 0.015 for RM78mil and getting cash of RM109mil in return plus ALL their holding shares of more than another RM100mil. Please see my calculation at: https://klse.i3investor.com/blogs/BLee_Fintec/2021-10-10-story-h1591992307-Fintec_The_pendulum_swing.jsp

Happy trading and TradeAtYourOwnRisk
18/10/2021 1:31 PM
AlexT12 be as technical as you like. the truth is you are trapped in a forever sinking ship. there will be no bottom. share consolidation can reduce share number , will bring up price again then drop again.
19/10/2021 1:59 PM
BLee @AlexT12: be as technical as you like. the truth is you are trapped in a forever sinking ship. there will be no bottom. share consolidation can reduce share number , will bring up price again then drop again.
19/10/2021 1:59 PM

BLee: Hi @AlexT12, thanks for your concern for being 'trapped' in a forever sinking ship in the middle of a pandemic. The 'storm' has just subsided..I think. Just join at 2sen and willing to sail or sink with the rest of the 'crew'. Happy trading and TradeAtYourOwnRisk.
19/10/2021 5:32 PM
Buylowandrun Howyoudoin im a rookie here, if fintec stock price drop until 0.001 and below then is it going to get delisted?


even if u buy at 0.0000001 u dun even get the chance to sell
the main culprit here is SC. keep giving the company green light to PP ESOS
maybe the SC officer got bribed for doing this. after bursa is dangerous better dont get trapped in those rubbish penny stock malaysia company.
19/10/2021 5:56 PM
mingli841231 https://www.klsescreener.com/v2/news/view/896021
19/10/2021 9:47 PM
AlexT12 just take care, lol, not worth it to lose money such counter. buy real tech companies. penny stocks is the easiest way to throw ur hard earned money to these operators. they are buying sport cars using your money now.
20/10/2021 8:49 AM
BLee @AlexT12:  just take care, lol, not worth it to lose money such counter. buy real tech companies. penny stocks is the easiest way to throw ur hard earned money to these operators. they are buying sport cars using your money now.

20/10/2021 8:49 AM

BLee: AlexT12, you take care too. My investment shown in my portfolio still remain same, only loss in commission and taxes..Agreed some penny stocks are very hard to recover from years of losses. My advise is to read QRs and ARs of counters before throw our hard earned money. Find out reasons why the decline in stock prices vs business environment (balance sheet, cash flow, feed stocks prices, etc).
Two questions: 1. How can operators earn money in PP investment if the PP tranches prices keep decline by almost 10% since from Fintec tranche 1 to tranche 4 without any rebound of price?
2. How can money flow out (siphon) as money collected from PP, ESOS, SIS, RI are locked in bank FD account as shown Fintec latest QR reporting?

My observation is the operators could be accumulating Fintec stocks as much as possible with prices as low as possible. Retailers could only loss money by buy low and sell lower...
Finally, the operators could take control of Fintec with ALL the cash and holding stocks.

A good read for PP at: http://mswg.org.my/sites/default/files/12%20March%202021%20MSWG%20%20Newsletter%20%28finalised%29.pdf
12 March 2021 MSWG Newsletter (finalised).pdf

Happy trading and TradeAtYourOwnRisk
20/10/2021 1:41 PM


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