In a period with great uncertainties....it is not wrong to be prudent to take profit or even cut losses.

It's better safe than sorry......who know who will fire the next missiles?

Look...... 48 sen loss per share is NOT a token sum and definitely it warrants very careful assessment and even professional legal advice before such drastic decision was made. Have the Board/Management done so?

Where is their fiduciary duties that they owed to all shareholders and investors?

What was the motive behind to hastily provide on everything that on the flip side, they confirmed is ACT OF GOD and escape financial liability under FORCE MAJEURE clause? If that is the case...why provide in the first place?

Effectively, this announcement had mislead all investors that thought the company is in deep trouble!

Perhaps Bursa need to take a closer look at this announcement made!

I see it slightly differently.

The proforma NTA after the Sale is RM2.74 per share but this is based on 30 April 2021 audited NTA of 99 sen. The latest NTA @ 31 January 2022 was RM1.04. If we assume the Q4 EPS is another 3 sen....then effectively there is another 8 sen that needs to be accounted for. Therefore, the adjusted NTA shall be RM2.82. Bear in mind that this proposal takes 9 months to complete and am sure more EPS will be earned,

At current price @2.30, I will load even more as I will get back 2.21 as cash dividend and still have my shares intact and therefore my cost is only 9 sen going forward. As this is a cash company, I hope that the company can secure a good viable business in future and if they can't secure one, I am sure a clean PLC is worth for other business to do a back door listing. Bear in mind that the adjusted balance cash per share after the dividend payment could easily be more than 60 sen in 9 months time. It's definitely a GOOD deal to me.

Once TRC starts to declare any dividends.....it will fly higher

A very well managed company who delivers great results and pays good dividends even during these pandemic era.

Well done to the Management.....and keep it up your good works.

It's a real gem that will reveal its true valuation once the investing public especially Fund Managers spotted this gem!

Start accumulating before it is too late!

From BPlant latest annual report, it shows that it has 98,212 hectares of land. Going by the latest sale of land to YTL @ RM645,833 per hectare with an historical net book value of just RM93,527 per hectare......it point to a huge unrealised revaluation gain of those land that remains unsold in the Company.

On the assumption that even if we recognised that not all lands held deserve a huge valuation, a simple simulation of just 15% value of what was sold recently or @RM96,875 per hectare, the potential valuation surplus stands at RM2.57 per share and if we are to deduct all borrowings, the net cash per share stands at RM2.01.

This couple with the all time high of CPO price which will yield better earnings and dividends in the coming quarters.

I am not at all surprise by lots of people queueing to buy into future success! This counter deserved to be rerated upwards!

With the drop in price day after day...from a high of 18 sen to what it is now trading at.....if this is not "fear"....I really don't know what to call it. It's time for a strong rebound especially when everyone starts buying again going forward

As per Warren Buffet's famous quote....One should fear when everyone are greedy ....and conversely, one should be greedy when everyone have fears.....U decide what that message means.

The sum of all investment that Fintec invested and holding now is still way above the current Market Capitalisation of Fintec.

Meaning....it's a value buy at this price for Fintec

Short Stock name la...bro

Pls change the stock name from AGES to AGESON.....the name AGES not ong....the share price takes ages to fly

I was told that the Fintec glove factory at Chemor is being built right now. Whilst the AT Glove factory is already operating. So looks like good days are coming very soon.

Looking at Covid 19 situation worldwide, it will take more than 2 years to subside and therefore, demand for gloves will always be there.

Stay invested and stay safe!

It cannot be such a coincidence...news on Kenneth Vun and then bad QR is out a few days later. I suspect they are collecting the shares at cheap price before something great to come.

Can someone explain to me ....for all these counters mentioned, why do private placements, why ESOSs, why rights issue and after that gain nothing from all these corporate exercises, if the price goes sideway or downwards. So a sane "conclusion" is that only if price moves up....all the above corporate exercise will make sense....that's why they are so confident to put their own money in it.

Since Fintec do not know what to do with their investments.....why not consider distributing all these investments back to all its shareholders....in specie or FOC...as dividend.

Today, distribute Focus shares, tomorrow AT shares, the day after Saudee shares and Komark shares on the fourth day. By fifth day, I am pretty sure Fintec price will be 5X easily....and all stakeholders would be laughing to the bank.