Anything is possible tomorrow. The budget stall didn't get stalled, US has been up lately and is now on holiday, so, no real so called direction to limit Bursa and finger cross Fintec. It is an amazing QR from them, even with IR, try to cut all estimates by halve.... EPS, NTA.... and it is still an amazing report. Will it reach the moon, maybe, probably, likely, why not.... the floor is not too high now if it needs to find one, the ceiling is higher.... OR trading is until next week, so, dont rush to sell first since it is already $0.005.... boom or bust.

Kkl123 when is the report date?

Jsteong.... if you got extra money $0.08/share then subscribe for the RI. If not, then, sell the OR share.

Not only warrant.... at current price of 0.095 in the open market. It is a no brainer if you have extra cash at hand.

For those who has -OR listed in your portfolio. Dont need to get overly excited about the -OR pricing as we are fixed to buy at $0.08.... only if we are selling the -OR then we care more about it.... the lower pricing is corporate startegy to buy more at discounted price. Do the math, it is a discounted purchase to get share + warrant at only $0.085 now! If you have extra money, care to buy more -OR now

Most technical questions can be answered by your broker. They will be able to explain and help you manage. From what I have before, you can sell OR on the open market only for a certain time period just like share. Look out for something like Fintec-OR appearing in your portfolio. Price may go up or down like any other shares, you can call it like a very short term warrant. If you didnt sell, it will disappear after the expiry date which will mean you will now have the right to exercise your ”Right”. Another strategy maybe if the ”-OR” goes to ridiculously low price, you can choose to buy more ”-OR” to get more rights to buy. Likewise you can sell a portion of your ”-OR” in the market if the price goes up very much.

I think RJ87 already broke the EPS idea before and after RI. Please see his posts. If they keep this up, then, Fintec will keep on making money for their BOD, friends and what is left over for us shareholders, from their EPS growth and hopefully a growing SP. I personally think they will make a ton load of money from the new money they will be getting in from RI which will be their new ammunition for all the counters they are invested in Bursa. Like the above few comments, either you goreng with them when they are goreng-ing their portfolio (which you need to plan and follow very closely and make many many assumptions as none of us are among their whatapps-group of goreng buddies) OR you hope to be spare some leftovers by buying their shares and see them turning good profit every quarter (lazier and less exciting way of making money with them).

Interesting read guys. Great insight. If we see their QR slides, we can see that they are mother of all Goreng counters.... goreng ayam (VSolar), goreng ikan bilis (AT), goreng sotong (Permaju) and any other goreng you name it. But however you put it, they are good at what they do which is why their QR came out superb. Whether you are morally correct to not want to make money from goreng or non-Halal activities (gambling, cigarettes, beer, etc) then stay away but if you think making money from goreng and taking money from this investor to that investor into your own pocket, then, you are in the right place because they are likely to make even bigger money this quarter. How? Just look at how active all the companies in their portfolio at the Bursa. The RI is to squeeze money from investors to shore up their goreng money bag which is why I dont think they will use it for dividend but to use it to goreng even more counters and this is why their business will flourish even more. Consolidation might happen but I think it will not be too soon, because if somehow this counter come out with good results from all their goreng, then, the SP will move up and consolidation will be delayed. Once all these activities slow down (to coincide with no more MCO, EMCO, ABC, etc) and SP starts to drop again, then, we will see consolidation as means to make money..... as always none of us here are members of the BOD, so, we are all just making assumptions at best guess. So, do your own DD starting by looking at their QR reports.

When is the share consolidation will take place?

Great job to all who helped protected 3.00 which has proven to be an incredibly strong support. Literally turning the Death cross into a Golden cross wasn't easy.

From the moving average, we went past 2 Golden crosses at 3.09 and 3.22 with good volumes.

On the pivot chart, we ran through 3.20 resistance and can target 3.295 and 3.375 which are both workable. By that time if the results come out good, then 3.53 is possible.

We are a bit overbought, so expect a bit of cooling down. Supports are at 3.055 and 2.90 which we might not revisit unless we receive very negative unexpected news.

All eyes will be on the coming result announcement and if we get any good news especially a surprise early theme park opening before CNY.

The Las Vegas Genting to park in GENM will be the game changer if we get that done. Apart from that, any surprise from the upcoming budget (Oct 11?) will be most welcome.

Any other news will not contribute too much as they are too long term for the current setup. Japan is another 5-6 years (or longer) if we are successful, NY business listing need to see a turnaround to be of any use while the usual suspects of theme park opening and legal issue in the US need to give us more indication where and when we will likely see any results.

The bulls and bears are really battling it out here among the few technical points. Bulls could have pushed higher if we could somehow recoup and stay at 3.10 to challenge 3.125 in order to push towards 3.15 and then much higher after that.

Bear staged their own fight to push us back to the 3.07 level which held out during last week's bearish movement. The 3.02-3.07 range need to hold for the bulls.

Very interesting picture on the chart is that while the bear is clearly trying to push for the death cross to happen, the bulls' recent fight could see us form a morning star which in turn could pull us from a death cross into a golden cross. The technical movements are really close to each other which is why the small range of 3.02-3.15 has so many strong bulls and bears cramp inside.

Anyway, happy trading to all!

3.00 isn't going away soon. There are 5 millions shares waiting to defend it and this is just today's morning session. Great battle between the bulls and the bears, may last for a couple of weeks. If 3.00 goes, 52 weeks low is in play but if 3.00 holds, 3.60 can a be handsome reward.

As for the Greece investment. Genting is one of the 3 people interested, Hard Rock is also one of them. Strangely none of the big names are interested but if Genting does get it (Oct 4 tender), then, it is a plus for diversification due to tourist focus Greece economy. Location is an old airport in North of Athens, an Olympic village but away from the more attractive Santorini etc. Most likely park with Genm than Genhk or Gens.

Genm isn't a bad company. Fundamentals can improve significantly in short term and if you can get in long term, then, it will be a nice investment. Just the technical readings aren't pretty short term wise. Good news for Genm can come from home (theme park, the deal they cut for buying that yacht), US (Empire, courtcase) and others (Japan, Greece). A company with such big diversity is never a bad investment. Good luck!

Eventhough the chart is screaming sell, it is a Friday, so, expect some buying upwards, maybe even to 3.10+. 3.00-3.02 is a psychological barrier, it will be defended as we saw for 3.07 yesterday. However, a death cross is forming for the short and medium charts, so, not too rosy for the coming week. Hang in there for those going long. Short term players can take an extended weekend and come back next week.

Ps. 3.07 was today's support. Was holding until now, if it close 3.07, then, 3.00 is safe.

Fyi. Technical screen showing support at 3.02 if that breaks will go to 2.94 with resistance at 3.25. Very totally oversold which means tomorrow up and if selling pressure doesn't ease tomorrow, we are going sub 3.00. Not much good news in the horizon as 3rd quarter for many companies are never fantastic. Finger cross.

The most likely is to repackage the theme park into Disney theme park BUT that will be a big mistake as the people that we want to pull already has their own version of Disney at their homeland and to come all this way for a mini Disney, the big rollers' family (and childrens) will not feel they are getting a fair deal. Moreover, the structures of the rides are there to see now and to repackage will be a terrible management decision.

There is half truth in there because 21st Century Fox's asset will be taken over by Disney come 1st Jan 2019...... so "Disney" is opening soon indeed!