After next week we will review your observation..

Cheers & Kong Xi Fatt Cai

Today is chip maker market but not customer market.

Yes, it will happen on 23d February 2021...definitely will..
But then, u may just regret....

Next week expect action.... just continue to wait...

Cheers..



HamsterHuat wrote : i am waiting at 30 cent and below lo..
come come....make it happen.

Guys, last chance wagon for today ...expect action next week..

Cheers and Happy CNY and Huat La n a nice Ang Pow from Oversea Ent..

Guys, expect the announcement of the price fixing date for the W & PP to be tomorrow or max Monday 15th, for a nice CNY rally...

Cheers...

Guys, the owner and operators are in control of the situation...we are just a pawn in their game...time your invstment looking at their game plan..

Cheers..

how to fly when they have not fix the PP price...

Cheers...

HamsterHuat : Action on & watch out for the development and announcements over the next dew days...the ball is rolling now ..

Nice CNY Ang Pow & Huat La...

Cheers...

HamsterHuat: OverSea...keep on rolling " down the hill"

Maybe trying to go back when they listed at IPO price...
hahaha

I dnt think so...there will be development end of this week or early next week...

Cheers..

we are going to be undersea for a very long time

Guy, why the sudden sell down on Oversea..the answer is obvious..the event will unfold within the next few days...

Keep a watch for it...

Cheers & Huat la...

Correct analysis...but 0.045 + 11 = 15.5 !!!!!

Cheers.........


1 PR (RM0.035) + Rm0.01= 1 PA (RM0.045)

1 PA (RM0.045)+ RM0.11=RM0.145= 1 mother share (RM0.19 now)

So either mother have to go down or PA will go up dont worry

Really....if true no need 0.5cts, I collect any amount at 2 cts...

Cheers....

I think it is Quite unlikely. The reference price will be [20 - (12 + 1) ] / 12 = 0.58 or less than 1 sen.

Correction to my earlier posts...

1 ICPS plus 11cts...instead of 1 ICPS plus 12cts.

Cheers..

Guys, let me clarify it once and for all since they are too many inconsistent posts on this counter after it ex...i deleted my post earlier to avoid getting into any contraversy but since it is been sarcastically stated otherwise, allow me to straighten and keep genuine investor informed and updated.

a. A W holder will get appro 240 new W for each 1000 shares held cum ..
b. The exercise price for the W is expected to be adjusted to 5cts from 13.8 cts effective 4th Feb.

That being the situation, the W is currently underprice with the parent trading at 20cts...the W sud be price at 15cts, without premiun if the parent holds at 20cts..ut can the price of th parent hold steady..

2 On the ICPS the conversion into parent is either :

a. 1 ICPS plus 12cts OR
b 12 ICPS

Do your on maths here...

Expected OR for the ICPS is 20cts-12cts-1cts = 7cts

Cheers & goood luck guys...

How low can it go? Read the history of the entry point of the major shareholder and that will give u an indication....

Potential performance like JF Technology & K Power...off course there will be many naysayers...I will let them have a have a field days have , as they like ..

Cheers & good luck ...

The main question...how low can Oversea go?
35 cent...30 cent or lower???

Blood bath for past days...the price fixing for the PP is to be done ...off course the price will be pressed down...wait till the price fixing for the PP is done...not later than next week I believe ...after that it action time,,, the shares split an follow by the Bonus W...

Cheers...

Guys, it is obvious that the company will want a lower price for the PP...that could explain the sell down...patiently wait for the PP price to be announce and then to expect a turnaround is more likely...

I believe the PP price has been decided upon from the days of sell down ...29.5 is not the PP price ...that for sure..likely in the region of between 20 to 25 cts..

Cheers & good luck...

Guys, looks like the operators have flush out all the contra players andd weak holders. At the same time, they have set a lower base for the pricing of the PP, the rationale is obvious...

Once the company set the AGM for the transfer of the listing to the new company and the announcement of the PP, the bottom is thus set for this counter...

I dont think it is game over yet..

Cheers & good luck ....

Cheers and hope you guys "huat" on following Nihsin ... Nishin W sud be valued at around 15 or 16 cts, when the company officially announce the revised exercise price for the W , next week ...

Patient is virtue in stock investing....remember that...

Agreed with Topper88 on his post..

Till then ,,,, Good luck and Huat la...

Topper88 : Based on the exercise price of 0.05, the warrant is still in the money

Guys, last chance wagon to ride on this counter..

Good luck & cheers....

Guys, look like it is about the bottom ....obvious reason is for the PP price and it has to be low to attract the takers...look like the PP will be around 25cts to 30cts...so it is about the bottom ...dont expect the price to spike until the PP is been done ....

Cheers & good luck..

Guys, I dont follow this counter but as I look at it, there are 2 pending developments on this counter :

a. the PP under the Internal Organisation. What the point of keeping the price high for the PP.

b. the transfer of the listing status to the new name, Sinaran Advance Group...

Look like the price may only spike only once they announce the PP price and when the listing is under Sinaran...the reason to it is obvious...

Good luck n trade carefully..Cheers

Fully agree with you and only to those who understand the mechanic of this orporate exercise. Nihsin W is a better bet ......

Cheers...

oldie99 : Your original buy call on the parent is right but it is better to switch from the parent to the WB especially now that the WB is at a discount. Lower risk plus higher % return.

My view on Nihsin W :

If you buy Nihsin at 13cts cum, and hold it till it Ex, this is the result:

a. for every 1,000 Nihsin W you hold cum, you will get appro. 240 extra Nihsin W , like a " bonus issue"

b. once the shares ex, Nihsin W, exercise price will be adjusted from 13.8cts to 5cts.

Effectively, if you buy Nihsin W at 13cts,

a. your cost for the W is only 10.5 cts ie (13cts/1.24 =10.5cts)

b. once ex, the exercise price for the Nihsin W will be appro. 5cts from 13.8 cts. Effectively, once ex and if Nihsin parent stay at say 25cts, the valuation of the Nihsin W will be appro 20cts (20cts-5cts) , assuming no premiun or discount on the W.

What are we waiting for GUYS...

Cheers & Good luck...Huat la..

My earlier poston NIhsin :

If you buy Nihsin at 24cts and hold it till it is ex , and if the ex price remain between say 20cts to 24 cts, the value of the 2 RCPS which you will received with have the following market value :

a. If Nihsin price is say 25 cts after ex, the price of the each RCPS is 25cts - 12 cts( exercise price ) - 1cts (cost of RCPS ) = 12cts.

b Say Nihsin price drop after it ex , to 20cts , the price of the RCPS is 20cts-12 cts-1 cts = 7cts...

You will have 2 rcps after it ex ....see the profit if you hold through the exercise ... what more if NIHsin price spike ..

Please see Oldie99 post and value the W after it ex, yourself ...it is not rocket science ....

Cheers..

Fintec announce the construction of the glove factory by 1st Feb and production expected by July 2021... sounds good...

Cheers guys...n good luck

Observation from Oldie99 is correct. Last chance wagon for those who think this counter is a good buy .

Cheers & good luck....

Oldie99 wrote : If buy 100,000 WB, after ex, it becomes 127,900. New exercise price around 0.05. In terms of % return, definitely better than buying parent. At 0.12, WB is at a discount to parent.

welcome back the naysayers and sifus.....let see who will prevail...

Cheers guys & good luck..

Topper88 ...my response to you...Good luck...

Cheers...

Guys, the corporate proposal by Nihsin is very attractive. For every Nihsin shares after ex , yo will be entitled to subscribe for 2 RCPS at 1cts each. The exercise price of the RCPS is 12 cts ...

If you buy Nihsin at 24cts and hold it till it is ex , and if the ex price remain between say 20cts to 24 cts, the value of the 2 RCPS which you will received with have the following market value :

a. If Nihsin price is say 25 cts after ex, the price of the each RCPS is 25cts - 12 cts( exercise price ) - 1cts (cost of RCPS ) = 12cts.

b Say Nihsin price drop after it ex , to 20cts , the price of the RCPS is 20cts-12 cts-1 cts = 7cts...

You will have 2 rcps after it ex ....see the profit if you hold through the exercise ... what more if NIHsin price spike ..

The ex date for the corporate is expected to be announce soon...

Cheers and good luck & huat la...

Reap88....my answer to you is this :

a. If you are a substantial shareholders , your transactions need to be reported

b. why is fintec and certain group of companies can so easily place out shares under PP etc etc so easily ....I dont need to elaborate ... your guess is as good as mine ...just look at their shareholders spread...

Fintec just issued 60 M Esos shares at 8 cts when u can buy it in the Market at 8cts then ....question is why ,,,,& why ... u dont need rocket science to figure out why ...

Just for the records, each time when PP, Esos, SIS etc2 in big number are issued, the shares will spike above the placement price and the reason why is also also not a rocket science ...

So just be patient and wait for it to unfold...

Cheers and good luck..

recovery ; wild dreams...I believe fintec shareholdings are held up vide a group of nominees...they are in control of the company and can easily outvoted you ...

Have you wonder why they can easily do private placement which other companies struggle to do it ...the answer is right in front of you ..

Guys, the corporate proposal by Nihsin is very attractive. For every Nihsin shares after ex , yo will be entitled to subscribe for 2 RCPS at 1cts each. The exercise price of the RCPS is 12 cts ...

If you buy Nihsin at 24cts and hold it till it is ex , and if the ex price remain between say 20cts to 24 cts, the value of the 2 RCPS which you will received with have the following market value :

a. If Nihsin price is say 25 cts after ex, the price of the each RCPS is 25cts - 12 cts( exercise price ) - 1cts (cost of RCPS ) = 12cts.

b Say Nihsin price drop after it ex , to 20cts , the price of the RCPS is 20cts-12 cts-1 cts = 7cts...

You will have 2 rcps after it ex ....see the profit if you hold through the exercise ... what more if NIHsin price spike ..

The ex date for the corporate is expected to be announce soon...

Cheers and good luck & huat la...

Guys , expect NiHsin to start moving ...

Good luck & huat la..

Cheers...

Guys, it true that fintec has history of past failures via various JVs , new businesses etc , etc ....and its numerous rights issues , PP , ESOS etc...

However, they have got it right this time from the investment from the various cash calls which they made & it is bearing fruits now.

With the additional RI they are in a good position to pursue their next business plan ...additional the company has very little borrowing, one red flag for financial predicaments.

Their current price is at the lower end and once the weak shareholders from the current RIs are being flush out and new investors taking position in the company considering the business potential of the company, a firmer shareholder base will emerge for the upswing in price appreciation..

WC at 3 cts , at an exercise price at 8cts and with 3 years remaining tenor is a bargain buy especially the mother shares still hover around at 8 -8.5cts....it is still in the money...Last Chance Wagon...

Cheers Guys and to a better 2021...let start with fintec

@doarea1234 .... Yes, yes.. now I understand ....

Cheers..

Kenie , please verify your facts on how fintec bought into focus and what is their cost rather that posting a sweeping statement of the same... post your findings and justify why it is a bad investment & we shall debate on it...just copy and paste and made sweeping statement, investors will just ignore your lenghty post, forthcoming ,,,

Cheers...

kenie, your numerous posts refers. Dont you think it is a blessing in disguise that they did not venture and dump $ into those JV or venture?

Why contiune to dig out the past , when we should look forward and review their current business performance , plan and financial position if we are to continue as a shareholders of the company....

For what I care about those failed or JV or venture that failed to materialise.. I invest on their future performance and not based on their past deeds or performance....

Dont just copy and paste, post something more resourceful and useful for investor to make meaningful decision...

Cheers,,

Guys, Fintec is one of the substantial shareholders of AT. In addition , the new Glove factory is beside AT and the contract to build and set up the factory is given to AT . There a mention of a collaroration of expertise with AT for their new Glove Factory ... why does fintec need to set up a new Glove factory when they are a substantial shareholders of AT and can easily participate on the PP in AT to increase their stake and be a major controlling shareholders .. think ????

Your guess and as good as my guess on their future plan on their Glove factory, which happen to be beside AT factory..... there is a game plan ffor the coming months...stay tight...

Guys, glad that there are still many investors who are patient in this counter.... we should be able to reap our return for our patient soon...it is long overdue but will be rewarding ..

More to come ..

Cheers and Happy New Year...

Guys , be patient on your investment in Fintec and you can expect good return in 2021..

Cheers & Happy New Year...

The W got lost and not able to follow the mother...

Cheers...


What happen to the warrant b?
It should be at least 0.15 when the mother share is 0.29, but now it is at 0. 12

What a wrong assumption that you have made...think and understand why they do this b4 you made your statement...

Cheers...

(e) Number of options offered to Directors of NETX: Nil

hahaha...boss and company colleagues also don't want buy

TP easily 20cts... just be patience..

Cheers....

Warrant can go 0.155 or not..

Cheers guys ...patience is virtue on this counter...expect good anypow for the new year & enjoy the ride..

Sorry to those naysayers and impatience investors who condemn this counter....

More to come...

irrationality of the stock market..why are investors holding WA ,3cts with a conversion price of 19cts , WB , at 3.5cts with a conversion price of 10cts while WC is at 2.5cts, with a conversion price of 8cts...

Think about it....

Recovery, fully agreed with you ...just ignore the naysayers...let them have that mindset ....it sud be fine with us..fintec KLSE portfolio and what they have today is vast of a difference....

Let us decide how and which counters we like to invest based on our risks appetitie and the type of risks one like to take , taking into considerations the downside vs the upside...

I believe the game for fintec is not over . It is just the beginning ...patient is virtue..esp this counter is so undervalued ..

I prefer a counter with good NTA with marketable securities rather that counter with good projected profit and trading on high PE ratio...

This will be a safer investment...

Dont be surprised that this may happen ....



I also forgot to mention the 40.88m Komarkcorp in Fintec's portfolio.
Perhaps Fintec's management can give us some of the shares in its portfolio in the form of dividends. Now that the company is going into the glove business, there is no need to hold on to all these unrelated shares.

Agree with Recovery ...

Value of the uncomputed amount by Recovery is as follows :

a. Seacera : 92.2 M X 0.24 = RM22.1 M
b. DGB : 5.57 M X 0.22 = RM1.23 M
c. Vsolar : 232 M X 0.045 = RM10.4 M
d. Mlab : 75.1M X 0.075 = RM5.63 M
e. Focus : 1.536M X 0.67 = RM1,029M
f Focus P : 512 M X 0.06 = RM 30.7M
Total RM1,099M
OR and additional 37 cts per shares.

1. Assuming market collapse and all shares drop by 50% , it still should be traded at least 24 cts ( 8 + 37/2)

2. If the above shares becom zero value , fintec NTA is still around 8cts..

Sanity wiill prevail and patience on this counter will bear fruit within the coming months espp during the CNY rally , if any..

Cheers and think ......



Fintec market value RM231m. For that we get :-

RI cash = RM114m
Cash from sale of Focus WD = RM26.743m
421.6m AT @0.20 = RM84.32

Total = RM225m

We get free :-
92.273m Seachera
5.57m DGB
232m Vsolar
75.1m MLab
1536.297m Focus
512.099m Focus-PA

oops...I forgot to mention the holdings in MLab-WC and the valuation of the glove venture.
I think I better hold on to my Fintec and its WD.

a con man will think everything is a con job !!!!!!!

Guys, facts for the AT Investors to ponder :

a. Number of shares for AT Sys after the right issue in May 2020 was 1.49 billion shares as at 22nd May 2020.

b. Number of shares for AT Sys after PP, ESOS, SIS etc etc , it has ballooned to 4.1 billion as at 24th Dec 2020 or an increase of 2.7 billion shares, within a 7 months period....

c. Interestingly , no new major shareholders have emerged from the additional new shares issued of 2.7 billion shares ...it was very well absorb in the market and who are holding all theses shares now ...is it spread among the " diehard retail investors " or .....

Cheers and Merry Xmas...trade carefully....