Guys, just be patient ...those who are patient and holding power will made good $ on this counter...I dont expect it to drag any much longer ...sud happen soon ....

More to come...

Cheers & Merry Xmas ...and huat ah for 2021 , starting with Ni Hsin ...

Time to let the experts , sifus and analysts to d all their talking,.analysis, predictions etc, etc ...we just sit around and read , if it is worthy to your intelligence and collect our profit ....


Forkallthehatersaway post :

Where is jlex?

lana86, go to bursa malaysia website & under announcement,click company and select DGB Asia... and read the announcement...

lana86, sell off the parent shares and use the fund to subscribe to the Rights...if you dont subscribe to the rights , you have no chance for recovery ...if unsure how to subscribe , ask your remiser..

OR is a better buy ...limited and calculated risks..

appro. 1.3 bonus W ,if you hold W cum....

made more sense and a calculated risk to get rid of the parent and buy OR , with W as insurance...think...

run before it is too late!!!!!

Expect the OR to trade between 0.5 to 1cts...do your maths and decide..

Yes ...madness is the adjusted price...

Guys , you want better glove business venture/story....follow fintec.
AT Fintec
a. No of Shares outstanding 4.0 B 2.8 B
b. Price 0.18 cts 0.10 cts
c. Glove production capacity 3.3B 3.3B
d. NTA 6cts 50cts

Others :

a. status of production : Fintec may be 6 months behind AT
b. Fintec just raised RM120.0 million in rights issue for the Glove Venture
c. NTA for fintec more superior than AT and the price half of AT & the number of shares much lower than AT . This can give rise to higher EPS and thus the price of the shares .

Just a short synosis for comparision ...do you own research and decide....

CHeers guys....

Guys , do some simple calculation based on their existing projected capacity of appro 3.0 Billion pieces of gloves against existing company that produce similar capacity and calculate the expected value for the shares .... and you get the answer ie is AT is a buy or better to buy other existing gloves counter...

you wont go wrong if you do that unless u r just a speculators in share trading

Good luck guys..

Fintec rights 94.4% subscription rate and 24.99% oversubscription rate...there goes the naysayers on this counter...also all those posting that state there will be 5 billion Fintec shares outstanding...wonder where those info come from !!!

I have also say "check the facts" ....total outstanding shares for fintec will be appro 2.86 billion of which 1.43 are right shares that are going to be listed...

Cherrs guys and action time ....good luck

Off course Fintec will be oversubscribed...it like a PP placement with W at 8cts...it will be all taken up and the show will begin...that my take..

Cheers guys..

Guys. buy the OR at 0.5cts is a better bet ...do your own maths ..

Cheers....

gghaha, I agreed with you, sell now and buy back at RI price of 0.12 is a safe investment..

Guys , the exercise price for the ICPS for Ni Hsin Rights exercise is expected to be announce soon likely this week ...to go through the exercise is very profitable but it your choice ..just my view...

Cheers and good luck...

Guys, told u guys NiHsin is spiking and some naysayers discourage you all...for those who have the counter , have a nice ride...

Cheers & good luck..

Please check your facts & numbers before you post it..

Cheers ...

HamsterHuat post: Currently tradable share for Fintect is about 2.8 billion..
If RI is fully subcribed, then it will be almost 5.6 billion.

Guys, anyone holding DGB, the theoratical ex all price come 21st December 2020 is 13.8 cts ....if u hold DGB till 21st Dec , you will lose a further 11cts (25cts -14cts ). When the OR is listed it is expected to be 0.5cts to 1cts...and MLab is expected to drop till around 12cts or 12.5 cts prior to the last date of subscription....

It may be better to sell the DGB now and buy the OR at 0.5cts and apply for excess shares ....it is likely that the rights will noot be full subscribe and the connected parties will pick it up all...ACT BEFORE IT IS TOO LATE...this is just a view and not a recommendation etc...

Ceers guys...

Masterhuat, i seriously doubt u have any basic knowledge/skill in stock investing but purely a busybody in this forum or ......

Cheers guys & let look forward to a rewarding week ...

masterHuat, u are a naysayer in whatever forum u r in...sorry to say that....u view is irrelevant ...guys check what he post b4 n decide for urselves...none of which is factual ..but purely ur irrelevent views s I have concluded ...sorry to say that ...

If you dare take me on....

Cheers guys...we will have a good next week....huat la...

Guys, ignore the naysayers and the busybody who held on to his old midset , let it be n no point trying to clarify the matter further ....i believe we can expect fintec to perform better next week after the contra players have been flush out for those who chase the shares this week ...

Cheers and let enjoy the ride next week...

RJ87, u r he GOD of BURSA..what u say is all correct...

Cheers...

Sorry guys , I made the wrong computation.

Cheers anyway...

RJ87 , since u request I shall help to clarify...

a. The new Exercise Price for the PA is not 11 cts as posted by Chankyew50....please dont get the wrong info...The estimted revised exercise price is appro 13.8cts.

b. The revised WB exercise price is not 10 cts as posted by Chankyew ...it is incorrect ...it is appro 12.5cts...

Cheers & good luck ... celebrate with your love one for Xmas from those who have faith in fintec profit.....and Ni Hsin too,,,


U know, I really got no mood to be serious already.

DUDE! initial conversion price is how much? Itu pon salah already. Dammm...
U wanna be salah how many level? Feels like i'm schooling some newbie that just open CDS account.

jlex! faster help this guy check his facts la.

Guys, I will let you know the attraction of this counter soon ...when the announceent is made...

Cheers and good luck...

Guys, for those patient investors and believe in NiHsin ...Here it comes ..sorry for the impatient one ..

Enjoy the ride...

For next adventure , for those who made money , keep in touch...

Cheers & good luck...

Rule No 4: RUN...

Orlando, good luck to u...

Cheers...


jlex11 got it or not?

Guys , alllow me to share my views on AT . Earlier on , the number of share outstanding is about 1.5B and with the Glove story and huge number of PP , Esos & whatever, the outstanding shares is now about 3.6B and all these are raised vide PP at discounted prices. Check it out & you will be shock !!!!!!!

Questions is this :

a. All these PP are issued at a discount to the market price and to whom these PP at discounted price are being issued to ?

b. Why are the minority shareholders being left out with all these PP , esos etc issues .... issued at a discount .

c. Why was a rights issue not call to raise the funds which will also benefit the minority shareholders...???

d.. I have never came across ESOS shares that are immediately issued out to staff immediately upon approval ....

So guys , think and evaluate it for yourself & be careful...

Cheer & Good luck

Kingston1, if u have faith in this counter , i believe NiHsin-W is a buy at current price ...impt you must have holding power... some $ for XMas ...lol

Cheer & good luck..

Guys , to make $ at the KLSE , patient is virtue.. sorry to all the naysayers and impatient punters, the time has come..

Cheers guys..

Guys , expect announcement soon...

Cheers...

Guys, for the benefits of the Fintec WB shareholders, the exercise price is expected to be revised from 15cts to appro. 12.5cts or thereabout, post rights issue plus others benefits........

Expected excitement on WB trading if fintec spike above 12.5cts...

Cheers and good luck n let make $ on fintec...

For an indicative new conversion price for Fintec-PA can refer to Fintec's circular to shareholders issued on 9 October.

SOHAI ...!!!!!!! .....u want the number and workings and thanks to Chankyew50 to highlight the same ...however , the revised exercise price is not 11ct by appro. 13.8cts...

Guys and its important to get the right info rather that wrong info as posted by some "Naysayer"... thats made a lots of difference in your innvestment in shares...try not to invest through rumours or wrong info being spread around.....that when u can get "burnt"..

Cheers & good luck....




https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id....
Go to page 58 and 59, most likely it will be adjusted from the current 16 sens to 11 sens.
At 16 sens, conversion is 2xPA(2x8 sens) or 1xPA(8 sens)+8sens for 1xFintec.
But at 11 sens it will be 1.375xPA(1.375x8 sens=11 sens) or 1xPA(8 sens)+3 sens for 1XFintec.
AT Friday's closing price of 11 sens for Fintec, if new conversion price for PA to be announced soon is 11 sens, Fintec-PA (Base value at 8 sens) should be selling at (11 sens-3 sens) that is 8 sens and not the Friday closing price of 5 sens.
Rightfully Fintec should announce the new conversion price for its PA (ICPS) and warrant B on 24 November when Fintec went Ex-Right.
I have been collecting Fintec-PA at 5.5 sens since 24 November

Fintec should be valued & priced in the manner as stated by oskchoon for you to decide whether counter is worth to invest in ...

Cheers

Fintec is a closed end funds and a Glove Venture business..

There is some changes to the features of the PA conversion post rights issue ....the conversion ratio is being adjusted. Please wait for the circular to be issued by the company for the final details......this is where I say one "sohai" get it wrong...

Cheers guys...

Yes, you can convert two PA for one Fintec share without extra cost, and the PA only expired in 2027....

Guys, let move on except for "one with a pea size brain or maybe it is park elsewhere", who cant even get his facts right on the features of the PA... if u r smart enough, u will realise where u have failed in this PA issue ... BYE2...so hai....

Cheers...


u guys know why that sorzai say "excitement on PA will occur if Fintec hit 13cts or 14 cts"?
PA 5sen + another 8sen = 13sen. Show only begins for PA after Fintec goes above 13sen. While for others...Sudah lama jalan liao loooooooo

Sohai , please get your facts right on the feature of the PA before you post it ......that is what I am rebutting you on and not on the other twisted argument you have put forwARD NOW...

Cheers to others guys..


Relatively to what other opportunity fintec can offer...it is rubbish...*wink
WC is going to make PA damm unattractive. I will foresee heavy dumping on PA la.
It's 2 PA or 1PA + 8sen for one 13sen fintec share. I don't see much upside there. To get good upside, mother share needs to be above 16sen. U might as well ask what would OR, WC and Fintec returns? U know how to count or not?

Naysayer , let be very clear about the the PA...i am stating my stand rebutting the naysayers post stating that " PA is rubbish" and it not about comparing it with the % return vs OR or whatever....if you can't get the attractiveness of the PA correctly , dont twist around ....also please dont post "stupid " comment if yoou are not sure of the facts..

Cheers to other guys who are celebrating fintec innvestment.. Good day and I shall now let the said naysayers bark & bark & bark ..till cow come home...

PA is rubbish, really !!!!!!!!! ...I bet to disagree with it ...the excitement on PA will occur if Fintec hit 13cts or 14 cts....then the wild chase for PA will occur... let wait and see whether it will happen... PA has also other attractiveness only to those who knows about it

Cheers...

Cheers ...look forward to that too...


OR trading today is the last day. Looking forward positively to the listing of RI and WA C on 28 Dec 2020.

Why sud I elaborate on the other attractive features of the PA post right issue ,if naysayer think he 'knows it all" ...then wait, observe and see it unfold...let see who is the real "sohai " then ..hahahaha...

Cheer to all the guys who believe in the fintec story ....

Guys , ..oh dear the naysayers are right about fintec...esp one particular "expert" ....too bad ya ...we bought the wrong shares ...should have listen n trade like them ...can made many rounds..

Cheers guys to those who have faith in fintec

PA is rubbish, really !!!!!!!!! ...I bet to disagree with it ...the excitement on PA will occur if Fintec hit 13cts or 14 cts....then the wild chase for PA will occur... let wait and see whether it will happen... PA has also other attractiveness only to those who knows about it

Cheers...

Guys, if based on today focus price of say 63cts, the loss on the mark to market price as at today is 10 cts per shares or appro RM150.0 million. The focus ICPS and Warrant is expected to be listed tomorrow and pls do your own maths on the fintec portfolio holding in focus..... just for investors info...

Cheers,,

Guys , allow me to comment on one " expert "posting stating that Fintec will possibly incur a lose of RM250.0 million on focus shares for the 4Q. The facts as posted is totally inaccurate and do not reflect the actual position.

Focus shares was mark to market at RM2.20 in fintec 3Q financial statement. After this split ,the mark to market price is 73cts.

Now is is traded at appro.64 cts or appro. 11 cts loss per each shareholding.

However , the 'expert " failed to include the ICPS and Warrant from the recent rights issue. The pricing of the the new Focus ICPS and Warrant will and should cover the difference for the mark to market valuation for th period ended 31st December 2020.

Please verify the facts before scaring off other newbie investors..

Cheers and good luck...

Guys, just ignore the naysayers and there are and will be plenty of them ...let focus on ourselves in reaping the profit on fintec...

Cheers..

let see who will have the last laugh...patient is virtue...

Cheers..

stay patient ...announcement coming...

guys ,the expected rights shares to be issued is only appro 1.4 billion n not 1.9 billion shares...the cash per share after the rights issue is appro 4cts per shares apart from the appro Rs1.0 billion shares portfolio that fintec has...analyse it yourself to consider your option moving forward...

Cheers...