Guys , this is absolutely incorrect ..get your facts right b4 you post it ,,,,,, verfiy the info yourself for genuine investors...

If you are unable to get the facts right , please do not mislead the uninformed investors

Cheers...

OSK choon post:
Once after RI completion, Fintec will have 5 billions shares and AT least 4.5 billions shares are floating in the open market, in June 2017, Fintec has done the consolidation of shares 3 into 1, I am afraid another shares consolidation will be 5 into 1 or 10 into 1,this is terrible..

Guys, if any of u have any question to ask about fintec rights issues, message me at i3 messenger and I will try to assist the best I can ..

Cheers...

Invest 123 , that the right move..decidee it for yourself...

Edwardong53, the exercise price of WC that comes with the rights is 8cts ...u decide on what you think is the expected pricing on listing...figure it out yourself ...read my comment and I have give my view on possible pricing of the OR as well as the pricing for the WC....

Cheers and keep quiet and made Money on this counters and let the naysayer shout and say whatever they want ....ultimately ,, we know who is the loser...at the end...




Posted by Invest123 > Nov 28, 2020 2:47 PM | Report Abuse
I prefer to keep quiet and make money quietly.

Guys, currently fintec shares is 10.5 cts and the price of the Warrant is as follows :

a. WA, with an exercise price of 30cts pre rights issue , is traded at appro. 4 cts ...NOte : out of money & with a huge premium over the exercise price...

b. WB , with an exercise price of 15cts pre rights issue, is traded at appro 4 cts....Note : out of money and with a huge premium too .

c. WC, the warrant to be issued with the rights issue and the exercise price is 8cts ... based on a & b above, how much do you think the Warrant C will be traded on listing ... made your own analytical and logical assessment ...

So , do your own conclusion on whether it is a good decision to subscribe to the Rights Issue at 8cts...

Cheers and good luck and hope those "logical" investor will made some profit....

Cheers..

Guys , there are so many naysayers , critics or " analyst' here stating their views on fintec , some of which is beyond logic..... they have their rights and views but it must make sense in what they post ... no one can stop them ....

If you are an investors particulary in fintec, it best that u decide what is good for u especially on whether to subscribe for the OR ..

Please note that the cost to subscribe for the OR is only 8cts and n the event fintec share is above 8cts when the right is listed , your are in the $... made your choice wisely...

The OR- W , that come with the right, in my opinion will be valued for at least 2 cts, taking into consideration the pricing of W in the KLSE as a whole and the pricing of Finttec WA & WB, whereby the exercise price is way above the price of the mother shares... the exercise price of WA is 30 cts & WB is 15cts pre-rights issue , please note...

Cheers ...

Guys , check your facts properly before posting ya...try not to give wrong info to others..

Cheers...


Posted by oldie99 > Nov 27, 2020 4:14 PM | Report Abuse

@oskchoon, how did you arrive at the 5b shares figure?

Guys , my view is that if any of you have the OR, it may be a good investment risks to subscribe for it...

I took the view that the WC from the right issue is valued at least 3 cts, even if fintec drop to 9cts and more if fintec price is higher..

The OR at 1cts is equally attractive to buy and subscribe for those who have spare cash....the chances for a reasonable returns once it is listed is reasonable good..

It your call ya and made your own decision ....

Cheers..

I am enjoying the views from the various experts, naysayers, etc, etc...

I wont be bother ...lol

Cheers guys and hope you guys made $...

This post beow is incorrect..check the facts b4 posting...

Cheers,,,

Chankyew50 posted
At Focus current price of 67 sens, the fair value loss is around Rm100 million. At 30 September the adjusted price after the 1:3 share split was 74 sens. Anything above 74 sens will have a fair value gain for the current quarter ending 31 December 2020.

Posted by RJ87 > Nov 26, 2020 1:37 PM | Report Abuse

Guys , I posted this and someone call me Mat Jenin...let see what happen tomorrow and see who is the Mat Jenin..

Please see my post on the why fintec is a BUY CALL..

Cheers & Good luck...

RJ87 post & comment...
You math salah...u forgot WB can drop is it?

What will happen if Fintec drop to 7 sen, WB become 1sen. And WC maybe 1.5-2sen.
Where can use WB as reference.

Mat Jenin count his eggs because it hatch can prove fatal i tell u.

jlex11 Guys , the WB with a conversion price at 15cts is traded at 3.5cts ...mind you WB is out of the $...The OR W conversion price is 0.08cts and thus the OR W will be valued at what price ...do your maths...

I put to rest my case on Fintec shares till the rights and W are traded to take my profit...

Cheers...

You must be joking ...if you go through the right issue and fintec shares hold at say 10 cts , when the right are listed , what will be your profit :

a. Profit from Fintec shares (10cts-8cts = 2 cts)
b. Profit from W (10cts-8cts+ 2 cts premium = 4 cts)

Do your maths and decide for yourself.... for investor who believe in fintec story...here , I assume the shares stay stagnant....

I am done on my comment on Fintec and let the naysayers take over & say what they want ...

Cheers guys..

FINTEC PRICE AFTER THE RIGHTS, NEED TO STAY ABOVE 20C, ELSE IT'S JUST A FAKE BARGAIN.

Guys , we have seen a lot of Private Placement play in the Mkt...Have you realise that they can also do a " Private Placement for Rights Exercise play " ... figure it out for those who understand what I am talking about... follow the tide and you will made a profitable investment...the more naysayers that appear in this forum , the more likely that you will made profit...

Alway remember , when the retailers buy , we sell , & when they sell we buy....now they are selling ....lol..

Cheers..

Guys , the WB with a conversion price at 15cts is traded at 3.5cts ...mind you WB is out of the $...The OR W conversion price is 0.08cts and thus the OR W will be valued at what price ...do your maths...

I put to rest my case on Fintec shares till the rights and W are traded to take my profit...

Cheers...

scenery , i recommend that you seek an expert advise on how to read financial account b4 making such comment on the financial reporting of fintec..

try to understand what do you mean by " mark to market " reporting on portfolio investment....

Cheers..

kelsim , yes u r right ...it is better to subscribe the rights using esubscription ie sign up with tiih online and get the information there or call up the regitrar for additional information ...very fast easy and convenience ...can be done in 10 min...

Cheers...

azfar8, the reason is that there r too many so called investors who dont understand the concept of rights issue pricing and punt it on short term holding...let them be...it their loss and gain for those who have holding power...

Fintec OR value is a min of 6cts...based on current price of Fintec...if fintec goes up 3 cts , the OR is value at 6 +5...

even if fintec , goes down to 8cts , Fintec OR will be valued at a min of 2 or 3cts , based on the value of WC alone...

You guys decide...

Guys, valuation for the Fintec OR is computed as follows. You pay 0.8 cts and u get 1,000 fintec & 800 W :

Valuation of the OR, if Fintec trade at 10 cts :

a. Fintec Parent = 2 cts (10cts-8cts)
b. WC conversion price is only 0.8cts and it is in the money. Current WB which is not in the money with a conversion price of 15cts , it is traded at 4.0cts. Based on the same pricing for WB , WC is expected o value a min of 4 if not more , based on WB valuation .

Estimated valuation of the Fintec-OR is 6cts....too bad contra players will have to sell it and for those with holding power, it is better to subscribe for the rights...

Go to tiih online and follow the instruction...you need to sign up for tiih online 1st and after that you can subscribe for the rights using e-subscription ...

Cheers..

guys , if you like to subscribe using esubscription , register under TIIH Online and after which you can made the payment online..

further clarifications, this refers to only those who hold the fintec shares cum...

theoratically speaking, when Fintec was up 1.5 cts, the financial impact on investors holding fintec shares is 4.5cts...check with your remisier on this comment , for clarification..

Cheers...

HamsterHuat...learn to comprehend the effect of rights issue adjustment on your investment ...please liaise with your broker for better investment decision on such djustment, in future....

Morning guys, DJIA 400+ points n voting for budget delayed....positive news...fintec gap up on opening ... let wait ..

Cheers...

Hello-cannot, u are making us all excited for Fintec to Gap up tomorrow.. that nice ...

guys, those who say bye2 may regret later including the naysayers.....lol...it your $ and your choice...

guys , very important is that the mother ship may about to move,,,,if their other investment can hit the sky,what your take on the trendlimit of upward movement on the mother ship....

Cheers...

guys, hope you guys made profit from fintec...go for the ride and follow me soon on my next counter which i will post ....keep in touch ...

cheers and good luck...

wow...very strong closing for Fintec at 10cts & 1.5cts up when klse index is down 16points..

If the political situation in Malaysia is stabalise , expect a Gap up tomorrow...last chance wagon for those who have not bought fintec...lol...

Cheers..

guys, fintec is like power ranger now ....market 18 points down and fintec 1.5cts up...wow lots of power...what say u guys...

Cheers...

Guys , if the PP is to proceed at 13.5cts , AT Sys will be reasonably price at 14 or 15cts... issue if the company may revised the PP price downwards to below 10cts and all the newbies and ikan bilis will be caught...if they buy at this price...

Guys , please note that AT Sys is still a concept stock until such time the Glove production is running and the products meets the selling specifications and AT Sys currntly is making losses from its other business... ....by then we can value it based on the prices which many i3 analyst including the "respected" KYY...lol... be rationale..

Cheers guys..

let make some money here, & i will promote next counter for all to make money...naysayers if any, pls stay out.....

Cheers guys....

the Fintec-OR is expected to be traded between 1-2 cts...not worth selling , better to subscribe for it...

wow , klse 10 points down and fintec 1.5cts up...good show..how , will it go up further or down...lol..

Cheers guys and good luck

azfar8, i like your positive thinking this time on Fintec.... let wait for the good news ...

go fintec ...go...time for action...last chance wagon..

Guys, will thre be some action today for Fintec...???

going down...lol...we will pray and wait...

Fintec holds about 421M of AT System shares ...

add more then ...lol...last day today...

Allow me to comment on the valuation of AT Sys shares by using a competitive company for comparision ie Careplus .

a. Number of shares outstanding : AT isappro 3.4Billion and Careplus is 550 million or AT have 6.2 times the number of shares as compared to Careplus.

b. Price : AT is projected to price between 50cts to 70cts by many experts ...lett say 50cts ...6,2 time equal to RM3.1 , which iss higher than careplus. Careplus is already profitable and projected to make at least RM120 M or more this financial years and AT is onlly starting.

c. AT will have production capacity of appro. 3.0 billion plus by next years and Careplus production capacity of 4.9 billion by year end and projected to hit 10.9 billion, by next year.

d. Careplus is already producing and have all the necessary approval
and export and what is the status for AT production etc... Careplus is already producing and profitabe and its glove is already accepted and can AT produce the required standard for the glove and how long does it take to achieve iit...

e. and many others considerations...

Guys , think about it....

Goldencoins, wait till the 3Q Result is issued ... it will add another 40cts to its NTA...

Guys , Fintec is currently like a Closed end fund or investmanager. Most of their fund are invested into KLSE listed company and other incubators company.

They have limited borrowing , about RM29.0 million while their total KLSE portfolio is closed over RM1.5 Billion. The 1.53 billion shares they hold in Focus is worth over RM1.1 billion plus other KLSE listed shares that they hold...

The NTA per shares based on their KLSE listed portfolio is worth at least RM0.90 cts... It is shocking that the market price is only 11 cts ?????

The Right Issues which they undertake is for them to venture into the Glove Business ...

The 3Q resukts us expcted to be good and based on the mark to market price on their portfolio as at 30th Sept 2020, the company is expected to declare a profit in excess of RM500.0 million ...

Cheers and good luck...

be patient ... spiking soon..

yokemui, please refer to Fintec Circular on the computation of the revised Exercise Price as a result of the Right issues...if you are holding the PA , the rights issue will 0nly affect the exercise price of the PA & it will be adjusted accordingly vide the Circular to be issued by te company accordingly...

Your PA wont be halve as you have stated...

Cheers & good luck..

Guys , the beauty for the PA is that each PA is valued at 8cts for conversion purposes even it is trade at 1 cts , 2 cts or 3 cts or even 10 cts...

In other words , if the PA is below 8 cts submit 2 PA for conversion and if the PA is above 9 cts , use 1 PA plus cach to top up the diff for the conversion price..

Caveat is that yoou have to evaluate whether it is worthwhie to conver bbased on the price of the mother shares..

Good luck guys ... & let enjoy the ride..

yokemui, post right issue, the exercise price for PA will be adjusted downward to possibly 13cts,,.. there are benefits in holding post ex rights as there is no premiun attached to the PA and it is convertible in nature...,it will trend the movement of the parent shares..

Bills Masin, I doubt it will hit 30cts but if you go through the exercise, you can p0ssibly recover your investment or even made profit..

Guys , good luck & enjoy the ride...Cheers

Guys, no more snoring ...action time and go Ni Hsin go tomorrow...

Cheers & Good luck guys.....

assuming that the price is 12 cts , cum rights, the theoratical ex price for Fintec is 12 + 8 =20 divided by 2 ie 10cts ...in addition , you will be entitle to 0.8 Warrant for free , at an exercise price of 8cts....if the shares is price at 10 cts, when the W is being issued the W should be valued at around 4 cts...

Overall , if you can hold through the exercise , it can be a an acceptable risks in this investment...