People say this is a along company. Bad reputation. Fintec company should have known.

Survivor13 nta =0.9176 , price =0.095, not tally. Fintech go go go. limit up. otherwise all FA indicator can throw to drain already.
27/11/2020 7:16 AM

more than 1000% gap!!

8888_ Credit Suiise bought Focus, Netx why not Fintec as mother?
27/11/2020 8:34 AM

Maybe Credit suisse is Fintec lor.

kkl123, so tomorrow UP?

WHAT MC D, OR KFC....SO LAME :.)

cheap1 If Fintec is KFC, Mcdonalds or etc meals will you like for <10 sen?
26/11/2020 10:10 PM


YOU SHOULD SAY/ ASK, CAN CHARCOAL TURN INTO GOLD???

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oskchoon OR buying at 0.005 is very cheap and RI price at 0.08 also below market price, subscribe for 5 RI can get 4 free warrant is like getting a bonus, definitely I will buy more OR tomorrow...
26/11/2020 10:07 PM

BONUS OR KOYAK DUNNO YET LOR

yip_net Wa ka ka ka why still 0.095¢
26/11/2020 9:49 PM

good question!~ BECOZ STEVE TAN AND CO DON'T WANT TO APPRECIATE THE PRICE.

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HamsterHuat Fintec will gap down tomorrow..
hohoho
26/11/2020 9:32 PM

HAMSTER MABUK

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Nobody is doing charity in Fintec lah, Hotstuff.

READ THIS PARAGRAPH CAREFULLY:-

"Given the degree of Fintec’s share undervaluation, this represents an attractive entry point for investors to acquire Fintec shares with potential sizable upside as Fintec works to close the gap between its NAV and share value.

Whatever the explanation for Fintec’s large discount, it is Fintec’s view for shares to trade above its net asset value over the long run. To that end, Fintec will implement strategies discussed in the following paragraphs that will be the catalyst to close the gap between Fintec’s NAV and share
value."

WILL THEY DO SOMETHING FOR THE FINTEC SHARE PRICE ?

Up_again Focus dynamics latest QR also starting to have concrete results.
Investment holding incubators I guess not so accepted in Malaysia, so that’s why such a big discount to its Nta.
Hopefully with it’s new money lending license in Oct 2020 and gloves venture, they start business that’s more acceptable to investing public.
26/11/2020 8:26 PM

DIDN'T YOU READ THE LICENSING MONEY OPERATION AS CLAIMED IS NOT EXTENDED ? (pn4)

RJ87 Fintec very geng one...Don't u know...it's Berkshire of Asia...Now it's trading at PE 0.1. Back up PE 10, that 100X upside. If follow Berkhire Hathaway PE20. 200X upside. Wait what....buy buy buy...

pineapple123 Your company revenue of 4.17mil can generate 720mil profit, wow YOU ARE EVEN BETTER THAN TOPGLOVE! HAHAHAHHA
26/11/2020 8:21 PM

YEAH WARREN BUFFET MUST PAY USD 10MIL TO INTERVIEW FINTEC STEVE TAN HAHAHA

Your company revenue of 4.17mil can generate 720mil profit, wow YOU ARE EVEN BETTER THAN TOPGLOVE! HAHAHAHHA

YA DESPITE THE TREMENDOUS FLOURISH EARNINGS FROM FINTEC QR TODAY,

CLEARING MY THROAT TO SHOUT TO FINTEC MANAGEMENT, "YOUR SHARE PRICE IS PEANUT CHIKU! HELLO, 720MIL BUT PENNY STOCK FINTEC .09C!!! MALU LOR"

To the Shareholders of Fintec Global Berhad:

Fintec Global Berhad generated strong performance during the six months through to 30th September 2020 as Fintec’s NAV and share price increased 335.19% and 283%6 respectively, compared with the KLCI Index’s total return of 10.97% over the same period. Fintec’s strong absolute outperformance was driven by meteoric rise in positions from Focus Dynamics, Vsolar, AT Systemization and Komark.

Through the end of Fintec’s first half 2020, the group portfolio’s NAV exceeded MYR 1 billion milestone reaching MYR 1.287 billion. The stellar performance can be attributed to investments in Focus Dynamics which saw a gain in excess of MYR 796 million (326.47% return), Komark gaining MYR 31.48 million (494.87% return), AT Systemization gaining MYR 18.97 million(280% return), Vsolar gaining MYR 4.64 million (233% return).

As markets recovery began since late March, Fintec NAV recorded a gain in excess of MYR 890 million while stock prices have appreciated nearly threefold. Investors who purchased Fintec’s stock on 31st of March, 2020 would have been well rewarded as Fintec’s NAV total return since that time has been 335.19% while total shareholder return has been 283%, with the difference due to the widening gap between Fintec’s NAV verses Fintec’s share value. As of 30th September 2020, the gap between Fintec’s NAV verses its share value stands at 10.78 times, representing a significant discount to Fintec’s stock value.

Given the degree of Fintec’s share undervaluation, this represents an attractive entry point for investors to acquire Fintec shares with potential sizable upside as Fintec works to close the gap between its NAV and share value.

Whatever the explanation for Fintec’s large discount, it is Fintec’s view for shares to trade above its net asset value over the long run. To that end, Fintec will implement strategies discussed in the following paragraphs that will be the catalyst to close the gap between Fintec’s NAV and share
value.

First Half FY 2021 Highlights:-

Throughout Fintec’s First Half FY 2021, the group saw progress in the following areas:
1.) Fintec NAV exceeded MYR 1 billion for the first time to MYR 1.287 billion.

2.) Focus Dynamic, a Fintec Investment was added into MSCI Global Small Cap index after gaining 326% during the period.

3.) Fintec’s portfolio trades at a wide spread to intrinsic value with catalysts which we believe should contribute to value recognition. (discuss in detail in Portfolio update)

4.) Fintec’s shares are trades at a 90.72% discount to NAV, which is expect to narrow with improved investment performance.

5.) Continued efforts to form strategic partnerships and deploy capital towards investments to drive shareholder value. E.g. (Brahim holdings Berhad Investment)
MSCI Global Small Index Inclusion Focus Dynamic is now a member of MSCI Global Small Index. The security selection process into MSCI.

wow, 720mil profit, tomorrow can limit up? hehehe

Revenue and profit increased. Hurray!

BUY LOR BUY

result will be badlah, else price won't fall.

better SELL NOW.
LOOK AT THE TRADE DETAILS FROM 41 TILL 47 THEN U KNOW WHAT HAPPENED.

this is not the first time vivocom attack people that way. Been few times already.

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

ANYWAY, FINTEC STILL OK LAH.

RJ87 Ppl's ignorance is my opportunity to make money. Why would I blame anyone? I'm quite sure the sharks too.

No. It's more like the noob doesn't know he is a noob.

I'm still waiting for kkl123 to answer this question...When can we safely sell our new shares from RI? His refusal to answer tells one or 2 things.

azfar8, at this price point. It's safe to keep. At least until end of Dec.
There is the good chance we review this statement. Else, I'm wrong. I could be wrong.

And if i'm wrong. i'm gonna make alot of money. Cos, l already hold quite a bit of shares ready to sell. As good as the BOD's. Cos if i'm wrong, there will be a heavy buyback, i'm ready to sell then.

Let see how future unfolds. =P


SEE THE WAY YOU TALKED, U DUN HAVE THE CONFIDENT TOO. HAHA

Fintec mothershare have a previous reputation of falling less than 6c.

OR today is at discounted and selling at <1c.

This company reported multi million profits.

Why the share price never moved ?

this is a umno-related counter , don't have the high hopes.

BUY lor BUYYY

since it's a big bargain for big boys, why beware???

banyak orang makan

kasi makan 11.5c

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description XOX BHD ("XOX" OR THE "COMPANY")

PRIVATE PLACEMENT
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 4 November 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)



Reference is made to the earlier announcements in relation to the Private Placement dated 4 November 2020, 10 November 2020, 11 November 2020 and 13 November 2020.



On behalf of the Board, Mercury Securities wishes to announce that the Board has on 24 November 2020 (“Price-fixing Date”) fixed the issue price for the placement of 60,000,000 Placement Shares, being the second tranche of the Placement Shares, at RM0.1071 per Placement Share (“Issue Price”).



The Issue Price represents a discount of 10.0% to the 5-day VWAP of the Shares up to and including 23 November 2020 of RM0.1190, being the last market day immediately preceding the Price-fixing Date.

just keep for future lah, AT .

not my channel but good sharing there.

When people forewarned, u said dog barking. siang siang 19c sudah bagi tau.

Sudah cakap, AT perlu banyak wang bikin itu factory. Dia kedekut guna wang sendiri. Cara lain dia buat, pledge PP kasi vendors dia bikin setup factory.

Fintec shares have never spike ever since feb 2015. Almost 5 years. Any change of fate, since fintec have so many shareholdings in nett cash companies?

how much will fintec FREE WARRANT PRICE AT ?

keep dumping at 3.5c , better CL

Yeah. Worth the wait at 2.5c haha

Wait below 15c

Bankers will still disposing AT. Whatever transpired previously on KYY and co, it will need to sell competent off because AT need money from you guys to set up the factory.

Foundation built strongly for GDEX at 44c. Less selling and how this support will rise Up GDEX.

AFTER AGM , TERUS TERBANG

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