patient guys , the price increase will surprise all...

EGM fixed on 18th Nov and the expect the shares t start moving upwards...check the wagon early..guys...

the portfolio are their core sharesholding... the rights is required to fund their Glove business whuch they plan to start operation soon...

Fintec has appro. 1.5 billion shares in Focus and based on the conservative mkt price of 70cts, fintec holding in focus is appro.RM1.0 billion. Fincec also has holding in Komark which they acquire at 40cts per shares...

What are we waiting for....

Guys , fintec is a good altenate investment for AT Sys as fintec owns appro 420 million shares of AT System , value at RM106.0 million...if AT Sys shares continue to spike, it will add value to fintec shares...

Fintec holding in AT Sys shares is almost equal to Fintec market capitalisation ..... last chance wagon for next week ...

Cheers and good luck...

Guys , expect a good week for fintec shares next week ... expect fintec to spike pending the 3Q profit announcement of not less the projected RM500.0 million and the corporate exercise to ex on 24h Nov...

Cheers and good luck...

Guys, think about this :

a. Fintec owns 420M shares of AT Sys valued at 420M X 0.25cts= RM106 M
b. Fintec own over 1.5 billion of Focus shares valued , conservatively , at 1.5B X RM0.75 = RM1.12 Billion
c. Plus other portfolio and their borrowing is only RM29M

Just by adding up the above 2 portfolio holding of fintec , the NTA per shares s aready RM1.226 billion and divided by 1.4 billion shares of fintec outstanding shares , it is equal RM0.87 cts NTA per shares. The shares is traded at 12cts and it doesnt made sense . It a matter of timee , investors realise th true value of finte shares.

d. Fintec is also going into Gloe business vide the rights issue, ex on 24th Nov...

Maybe , some may wish to ride on the AT Sys success story and businness vide fintec.

Think about it..

Good luck & cheers....

Guys, rebound on fintec on the card...enjoy the ride ...

Cheers and good luck...

Guys , have fun with fintec , enjoy the ride and good luck..

follow me at Ni Hsin ...moore to come ..

Cheers & Good luck..

Guys , watch out for NiHsin about to spike .....last chance wagon...

More to follow ...

Cheers & Good luck...

Guys , watch out for this counter...good entry point at this price...expected to spike just before or after the EGM.. more news to follow..

Cheers and good luck,,,

KYY must find out who own AT the most?

Fintec hold in excess of 400.0 million shares in fintec...the spike of AT from 10cts to 26cts ie 16 cts , would have increase fintec investment in AT by RM64.0 million of equivalent of appro 5cts of fintec market price.

What are we waiting for ...

Cheers and good luck guys...last chance wagon...

8888_ simple mathematics and Fintec has market portfolio in excess of RM1.0 billion & NTA in excess of 80cts per shares while AT NTA is very negligible and now making losses ...both will be in the same Glove Making Business with similar output capacity..

AT Sys is 25 cts and Fintec is 13 cts...made your choice..

Cheers & Good lucks guys .... fintec will spike in the coming days...

8888...your post on AT Sys refers..

If AT Sys is the most underrated & undervalued glove making company, Fintec will undementally and undervalued Glove making company , many times over as compared to AT Sys...

I will provide my viewpoints in coming post... using similar arguments as per your post...

Cheer & Good luck ...fintec is spiking very fast ... do regret if you miss the boat,,....

Guys , there is a good Article on Fintec on this Page dated 19th August 2020 titled " Is Fintec PA a fat frog dancing in the street" ...reading that Article will provide you with the better understanding on the True fundamental value of Fintec shares.. how can a counter , with an NTA of at least RM0.80 in portfolio investment priced at 12cts....????

3Q result is expected to be announced on or before 25th Nov nd expected a declared profit of not less than RM500.0 million which the number of sharesoutstanding is appro. 1.4 billion...based on the 3Q profit alone , the shares should be valued at least 35cts per shares. How about their other investment portfolio..?????

Why the right issue...it is being raised to tfinance the Glove business in Kulim , Kedah. Expected announcement from the company on this investment , which will start the wild chase for fintec...

Cheers & Good luck...

paultan, read fintec circular on their rationale for the rights issues...

Cheers & good luck guys...

Kwphuah, TopGlove is making Billions in profit and why are they considering possible listing iin Spore or HK , which will further result in new TopGloves shares being issued and fund raised ...

On the issues of div not being paid , Top Glove make billion in profit and why the dividend paid out is so low... that close my view on "" why no dividend is being paid out for Fintec""

Think and do your research if you wish to make wise investment..

Next 14 days will be critical for those who have position in Fintec..

Cheers and good luck...

Guys, based on Fintec gains on its 400M plus shares it holds in AT Sys alone yesterday was at least RM40.0M plus , which will increase Fintec market capitalistion by 3cts per share & Fintec only gain 2.5cts .....
there are still rooms for fintec to play catch up...expect a good uptrend ride today..

More good news to come...

Cheers and good luck..

Guys , more good news on the way and DJIA is 1,500 points up...so exciting day for fintec tomorrow...to me fintec has better upside than AT Sys...I have laid down the rationale why and more to come ...keep in touch..

Cheers and good luck..

Guys, info will be provided only to those who have position in fintec...coming soon...stay in touch while we ride the wave...

Cheers and good luck...

Guys , last chance wagon for fintec...dont regret and start chasing when it start to fly...

Will provide more info later...

Cheers & good luck..

Fintec is not classify as dividend paying counter...if the iinvstor is looking at dividend paying counter , please go and look at the blue chip counter...wrong forum ..

Fintec is like a closed funds wherethey incubate and buy shares listed at the KLSE,,, based on the valuation of their investment portfolio, just focus itself is valued at a min of RM1.2 billion and the company borrowing is only RM29.0 million. Base on this , it will yield an NTA per shares of appro. over 80cts...they have 400Mplus shares in AT Sys currently valued at 0.16 or about RM600.0 M...

They are calling for the rights to venture into Gloves business whereby the lnd and business operations is in progress and pending announcement..

Guys , what are you all waiting for ...it be too late when the announcement is made and the shares start to spike...

Cheers and good luck...

Sales....expected to be announce this week or by next week ...together with the exercise price of the W...once announce , it be too late for the late comers...

Cheers and good luck...

Guys , another spike of 6cts in Focus shares now , will add another NTA or profit of RM90.0 million to Fintec NTA and portfolio profit...

Cheers guys & be ready to pick and ride on a winner...

Guys , based on Fintec 410M shares in At Sys , the spike from 10 cts to 15 cts is already the equivalent to RM200M which is the market capitalisation of fintec shares at 10 cts... what are we waiting for ???. We did not add in Fintec 1.6 billion shares that fintec holds in Focus ....additionally the company is almost debt free with a borrowing of RM29million which is negligible...

BabyAce, you wont be disappointed at this price....

Cheers guys..

Guys, last chance wagon on those who believe on the Fintec story...those naysayers who think Fintec is a con-counter, please be advise to stay out ...

Cheers guys...

Guys, watch out for NiHsin...Its time to spike..

Cheers...

Guys, 1st coming up is the EGM for the proposal on 18th Nov 2020 and we can expect a spike once the proposal is approved... at 9cts , it is attractively price....but the choice is for you guys to decide..

Will update later , once he EGM is done...

Cheers nd good luck...

Dont worry ...coming soon...likely end Nov or early Dec..

Cheers...

Guys , based on today spike on Focus shares by 10cts, it is equal to the market capitalisation of fintec shares at 9.5cts...

Do your own research and decide for yourself b4 it spikes..

Cheers and Good luck...

Paultan, be patient until they announce the rights & W exercise price & the splendid result for 3Q ...


Cheers..

Mlab price or financial performance has very little influence over the price of Fintec...

Dont get yourself confuse...

Cheers..

Guys , price fixing for the rights/warrant expected this week and if not by next week. Result announcement expected by 25th November 2020 and expected profit not less than RM 500.0 million.

Entitlement date expect before end Nov or early Dec but depending on the Political situation. Expect major price movement soon. 9 cts is a good buy...

Cheer & Good luck

Mikecyc, my point is if Netx drop to 9.5cts, many guys including u , who hold position in other shares would have lost their pants including whatever , u have...I am not recommending a buy or what but based on raider strategy in buying into this counter...it is call calculated risks investment..

That all... I am not interested on who is right or wrong but rationality must prevail ..........

Guy, I watch with interest on arguments from both sides. Let get this clear..yes Netx may have failed in their business over the years..they have been trying to venture into this IT Business and funds are being injected. My views is that with the Rights Issue and their present cash piles the company will be in a better position to move in their business directions.Sorry to those guys who hve invested earlier on at higher prices but for those who came in at the time of the rights issue they are in a different platform.... surely they are lots of naysayers who have lost $ in badmouthing this counter... those who is invested with the rights issue will have better prospect moving forward

My bet is on Raider to prevail over the other naysayers...Let wait and see ....

Guys, after today EGM , the cap for the price movement will be lifted. Expect the shares to start moving once the market sentiment is good..

They can fix the price for the RI /Exercise price for the W anytime now when they want it.....

Cheers and good luck..

Guys, countdown on Fintec ...Day 3..

Good luck & Cheers...

DragonPhoenix, yes it is...I will update later AND STAY TUNE..entry point at this point is a good risks...

Cheers...

Guys, say what you want...just wait and see...why should the counter move prior to the price fixing for the Rights/W exercise price...how many of you investors are aware of this....??????

Cheers and good luck....

RJ87, I am ok if you want to claim credit on this recommendation and I will withdraw and withold my views on this counters... It the other interested genuine investors who may just lose out...

Anyway read carefully what I wrote and which is duly supported with facts , rather than personal views/ideas etc , maybe lots of guys just pluck from the air ... anyway , you do and really miss out the interesting and important part on this counter which I wish to shares, but since you claim to be the experts , I shall let it be...

Cheers guys and let RJ87 carry the torch for this counter...

Guys , keep in touch . I will provide update when the timing is right..

Cheers & Good luck..

Guys , told u...Netx close day low...tomorrow action time but God bless those who chase if they goreng tomorrow...

Good luck and Cheers...

Guys , allow me to shares my views on Netx...Netx shares outstanding was appro. % billion shares and the consolidation reduce it to appro..200 million and if the operate want to push it they can...but that not what in their mind...

What are their plan :

a. Keep the price close to 13 cts to discourage investors to subsribe for it thus undersubscription and they will mope up the diff.

b. If my view is correct, they will start pushing tomorrow till the new rights shares to be listed . Lot of Sohai will chase and get burned .

c. If my take is correct, expect the shares to go up from tomorrow . Do not expect the shares to close higher that 15cts likely 14.5cts...

Let wait and watch the show...Raider will be laughing against the Naysayers , .....

Cheers and good luck...

well guys , I hav state my case...it for the naysayer to say what they want...the stockmarket like those informations that I have listed ...let wait and see....

Cheers...

srry ,,,under e , it should be 2 & 3rd week of November 2020

Guys , allow me to explain as to why I recommend that Fintec at this price is a buy :

a. The company is expected to declare a profit of min of RM500.0 million mainly from the mark to market of their 25% investment in Focus , which has rised from 82 cts as at 30th June 2020 to 2.20 as at 30 Sept 2020. ....they also bought Komark ie about 17.0% at 40cts and the market gain is appro. RM 20.0 million..

b. The NTA of the company is currently around 50cts and with the RM500 plus illion profit , it will balooned to about 80 cts. Their current price is only 11 cts..

c. The rights issue/warrant exercise will be approved on 26th Oct 2020 . They have to block the shares price cap to decide on what price they want to pricee the rights and the exercise price of the warrants. If the exercise price of the warrant is too high, it will not be attractive to the operators.

The price fixing date is expected after 26th Oct and tomrrow is the countdown for the price fixing...i expect the Right/Exercise to be between 6-8 cts , to make this share to fly.

d. they are also venturing into thee Gloves business and the rights is to finance the Glove business.. They also have 20% stake in Komark whih plan to venture into Facce Mask.

e. The rights entitlement and the 3Q result is all expected by 2nd & 3rd week of October, where the action will start.

It for you Guys to decide , if if you believe in itt , buy now and now wheen the shares start moving .....a min of 50.0% profit from this price is attainable witth limited calculated risks, from the exercise which they are undertaking...

Cheers & Good Luck guys ...it your call...

paultan , you are absolutely right ...the counter move up they made $ and come down they made $....to buy this counter , you have to premept their move and timing andl you wil made $ & wont get burn ...and if you get it wrong , u wont lose a lot of $ ...evaluate the risks/return here.... if yyou start to buy when vol pick up and price start moving , god bless u....

At current price , it is worth to buy provided you know what u r buying it for....the rest I leave you guys to figure it out on what I am saying ...

hxgn/others, there is no denying that this is a penny stock goreng counters..if the investors invest in a herd instinct , you will lose your pants...

hxgn, just cant figure out the possible reasons why the shares came down from 39.5 to 11,5 cts and just generalise the observation , I rest my case. You dont understand the modus operandi of this counter but juust punt when the vol pick up nd start moving ...off course you will lose your pants.

No point sharing and stating my view/case , since majority have cast this as a con counters..

Good luck guys..

hxgn, cam you figure out why the shares drops from 39.5 cts till 11.5cts. If you can't I suggest that you better keep your $ in FD rather than to invest following the herds instinct,,,,,,

I will shares my view on this counter when the time is right ..... Guys , meanwhile u guys figure it out....

Guys , I read with delight and amusement on the debates over stockraider investment strategy. I am inciine to agree with him that his pick to subscribe for the O-Rights excess application have got basis with calculated risks/return analysis ...while the other antagonist argument does not have any clear cut basis or just personal views, etc etc ....

Let see who is right and who is wrong by end of this month ...my bet is on stockraider to end up with profit , thuough may not be big but still a profit with clculated loss , iff any , rather then lots of guys in this forum who invest based on herds instinct... and if they continue to do so , will lose their pants...

Cheers guys ...let wait for the outcome..