Musang King,

Any reason u can find why Fintec fell so much? Will they be able to perform in the next quarter earning?

M55555

This fintec issued ESOS cheaper and getting cheaper every time against market. That's WHY.. So cheapskate . RM0.01 also need to buy from ESOS . Come on..... wake up... you thing earning that RM0.005 from others good deed!!! If really want to have the company stock , market is selling RM0.015... so cheapskate???

1 hour ago

what are you talking about??? nonsense

@Musang King, putting the shareholders aside, do you know why the price from 19c slashed to almost 0.005c??

Is this not alarming to you?

Musang King

The above are still holding their shares until now even though they did mentioned as "Notice of Person Ceasing Interest" before. These institutions still hold shares but do not want to be mentioned in the Fintec Annual Report. If they are not there holding the shares, who actually appointed all these Mara caretakers as Directors and Chairman of Fintec until now. Who appointed Tan Sik Eek, Ong Tee Kien, Mark Chew Shin Yong and Chu Chee Peng to represent their interests in Fintec?

Is this against Bursa ruling for not disclosing the internal names who hold Fintec shares ?

Musang King

Now, we should understand why there were so many PP, SIS and ESOS and who were the investors from 2017 to 2021. The huge number of Warrants C holders ( estimated 90.34% of the outstanding Warrants C ) are from them which names were not mentioned, same as their names were also purposely unlisted in the Top 30 Shareholders every year.

6 days ago

What do u mean Musang King? Their name? whose name ? Fintec people ?

how will fintec be RM5 i wonder.

Banyak scammers online nie

everywhere people say for every stocks consolidate...........no other own opinion is it?

alex

20 sen to 2 sen... after consol can back to 20 sen... tada... magic

2 minutes ago

dont simply talk lah

alex

wow.. today will announce consolidation?

21 minutes ago


why consolidate after rights issue???

nah, dont be crazy

epf lah ?

xpiry date for Bornoil -WC is 8/11/2025 still got time?

Bornoil WD is 29/5/2027

all Mlab news, boleh caya ?

wow, william sold off all his shares. No more SSHolder. why ahhh?

why today huge volume ?

Musang King

My Advice. If we want to buy Fintec now at 1.0 sen or 1.5 sen, better buy in great numbers say minimum 65,000 shares at purchase price of 1.5 sen or 99,000 at 1.0 sen in one day. This helps to save brokerage fee. No point buying 100 or 1000 shares where the minimum brokerage fee is based on the minimum fee for a RM1,000-00 contract. Please be informed.

5 days ago

Hahaha, Musangking.

They are retailers who sell it (maybe)

let Serba dinamik do their joblah.

sapnrg 4.50 also 1c . why shocked?

Lagenda consolidated too and fly.

who offloaded 2.25mil shares at 1.5c ?

The effect from America droppin g their pants more than 1000 pts! It's crazy

Better sell. Short term and next expiry

Why Bornoil unable to surpass the price of 21.5c (based on last Oct 2015)?

I am surprised by how a current EPS of 0.2 and with NTAB of 11c ( current share at 0.025) unable to breach the price of at least 5c onwards.

AT Systemization and Fintec gloves Plant are next door to each other.

Fintec have disposed entire shares of AT and held none.

AT gloves factory have been running and is already producing gloves.

BLee

@Musang King: Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ ........You asked how do I value them. I cannot tell you but they have BIG plans and GREAT potentials when the Pandemic is over.

BLee: Hi bro @Musang King and @3iii, always buy low and hope the 'rubbish' will turn into a 'jewel' one fine day.

How do I value them? My take:
1. The snowball effect? Fintec is sitting on top of the 'pyramid' . For example, if Saudee jump up in price, Focus D will benefit as owning 22.22℅ of Saudee. This will in turn benefit Fintec as owning 30.631℅ of Focus D.

2. Cash rich (from PP and ESOS) and hardly any borrowing. Hardly any risk at present price. All the profits and losses reported quarterly are on paper only due to fluctuations of the invested stocks prices.

Fintec could be evaluated as an investment company for the two reasons above. The conversion of Fintec-PA could be another source of interest free funds as the conversion ratio is less than 2..
A word of caution, the new glove plant could be a drag as a lot of companies jumped into the glove bandwagon. Please comment on my opinion. Thanks.

BLee,
The current fintec PA is deemed expensive compared to the value conversion of 2:1.

Permaju going to coco plantation

Musang king,

Fintec is an investment company, prioritizing long term investing. When their holding of shares on Focus Dynamics made huge profits, they didn't sell the shares. Any reasons why? Maybe their proxy sold the shares and made huge money, but profit from ROI is ONLY jot down in their accounting and submission to Bursa.
I don't see why Fintec will sky rocket their shares.

smtrack LOSSES EVERY YEAR FOR 20 YEARS. APA ADA?

when so many give positive view, CAREFUL AND RUN

DatoKyle

Forget about those penny stock like PMETAL.. TAWIN with higher potential to make everyone here rich ! SMTRACK is the another good example of premium stock !

1 week ago

This lato everyday promote senselessly.

copper sky rocket price but no effect on tawin

wah, straits give dividend. when was the last time they give dividend? haha

loneranger

PRESS RELEASE
For Immediate Release
ROBAYU CORPORATION SP. Z O.O. CEASES COOPERATION WITH FINTEC GLOVE SDN BHD FOR THE DISTRIBUTION OF MEDICAL GRADE NITRILE EXAMINATION GLOVES INTO EUROPE.
Warsaw, Poland 15 April 2022 – Robayu Corporation sp. z o.o. (“Robayu”) wishes to announce that the company decided to cease cooperation with Fintec Glove Sdn. Bhd. (“Fintec Glove”), a wholly-owned subsidiary of Fintec Global Berhad (“Fintec) for the distribution of medical grade nitrile examination gloves into Europe due to unforeseen circumstances.
Robayu looks forward to working with Fintec when conditions permit.

3 hours ago

FAKE NEWS!

dont think TP is 10c.Yesterday volume suggest , this stock can go higher, how high nobody knows.

there is aggressive insider trading by the Directors looking at the sell off and acquiring of shares. How come Bursa no sound?

in 2 months from the date of announcement

BUY AND KEEP. SHARE CONSOLIDATE 2 TO 1 IS because the share spread is wide. This consolidation is not those penny stock kind of consolidation.

The Board of Directors of Mlabs Systems Berhad ("Mlabs” or "the Company") wishes to announce that the Company had on 30 March 2022 received a notice in writing dated 30 March 2022 (“Notice”) from Messrs PKF (“PKF”) on their resignation as Auditors of the Company pursuant to Section 281(1) of the Companies Act 2016 ("the Act"). Pursuant to the Act, PKF's term of office as Auditors of the Company shall end after 21 days from the date of the Notice. The resignation of PKF is due to disagreement in fixing audit fees.



Save for the above, the Board is not aware of any other matters that required to be brought to the attention of the shareholders of the Company.



Mlabs will identify and appoint new Auditors to fill the casual vacancy pursuant to Section 271(2)(b) of the Act. Further announcement on the engagement of a new Auditors will be made by the Company in due course once the appointment of the new Auditors is finalised.



This announcement is dated 30 March 2022.

0080 STRAITS STRAITS ENERGY RESOURCES BERHAD
SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)

SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)STRAITS ENERGY RESOURCES BERHAD (FORMERLY KNOWN AS STRAITS INTER LOGISTICSBERHAD) ("STRAITS" OR THE "COMPANY")PROPOSED CONSOLIDATION OF EVERY 2 EXISTINGORDINARY SHARES IN STRAITS ("STRAITS SHARE(S)" OR "SHARE(S)") INTO 1 STRAITSSHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com

source inform to buy bcm wa.

what about bcm-wa ?

will 2.5c get eaten up? Guess not

break 50c only talk

@Musang King,
bro musang King, you got Musang King plantation ka? Yes but got chopped down by the Forestry Dept recently. No more now. How sad?

You mean you sold off Fintec shares ?

STRAITS WILL BE MORE THAN 40C THIS YEAR

got big revenue is a good thing, profit during covid pandemic, mmg like that lah. now the war and oil sanction, mestilah..take some time to digest. what goes up hv to come down, and whats down hv to go up. LOL

when can thaw the meat?

buy when got chance. won't disappoint u

wah, why suddenly dropped much more ?