The new capacity, with a total investment cost of about RM16 million, is expected to commence operation in July 2022. It will be funded by working capital raised from its recent rights issue, which raised RM64.81 million.

2 cts

But all this news, can con. Better stick to it notion that cpo is good for this year.

https://www.theedgemarkets.com/article/scope-industries-plans-exit-plantation-business

Yes, in Nov last yr, they said will dispose as in final stage. About 60mil consideration for the disposal of land. If tak jadi, how ? So far no more news on the disposal. CPO is doing greatly this year. Who knows they postpone and collect and keep the palm oil until the price start to drop and sell the land ler? Now to source for land buyer not easy as we just out from mco phase. Also, now omicron already getting higher, who dare to take risk buy land? 60mil ler, not 6mil.

so cheapo meh, Fintec sell at 1.5c....

nature of business not making money. what other choice of making money? U know, I know lah

any reasons why buying BCMall?

once upon a time, 3.20, now 30 cents? very good company

Replied Musang King,

My opinion on Fintec is :

1. As at Market Price of 1.5 sen now, Fintec is very safe to buy in now by looking at their Current NTA, Current Funds they have as at Balance Sheet provided and their Investment activities.

2. They may have issued and offered a lot of PP and ESOS up to date but as I think in Good Faith, they are doing for the benefits of the Group but at the painful expense of the Current Shareholders Reserve Fund because Fintec were issuing PP and ESOS at a Discount and not at a Premium.

3. The current depressed Market is extremely bad for the Whole KLSE and Fintec is not spared as well. But if you have bought other KLSE shares in the Market earlier, you also may have lost a lot, I am sure. So be just as understandable that Fintec investments into other PLCs will suffer the same consequences.

4. Just sit back and relax for the KLSE to recover in the near future. Nothing is permanent in this world. Stocks will rebound but just wait, if you have the holding power. Buy more if you have extra money. Do not borrow to buy.

5. Now Fintec is at its LOWEST. I am appealing to the Management of Fintec to buy back Fintec Shares on and off to stabilize its own share prices rather than stabilizing other Groups shares. DO NOT ISSUE anymore ESOS in Fintec as it hurts the investors confidence even more.

6. Any new undates that Fintec has, do share them into their Facebook and Linked-In. We now can see if you are really genuine in providing informations to us as Investors.
26/01/2022 2:56 PM

.......................................
Hello Musang King. Thanks for your comments.

1.First of ALL, why would Fintec buy back their own company shares when most of the Directors does not hold major shares of the company?

2. Does Director of FINTEC, buy back their own company shares benefits the company in terms of profit? If yes, they should be buying it through ESOS, and sell later at higher price if it moves.

3. Since company Fintec acquired their own shares through ESOS at such greater amount, what is the purpose behind it?

4. Some of the company shares that acquired by Fintec on penny stocks, for example, are they really worthy for price trade profit, of there are some transactions that isn't disclosed? You know,before any quarterly report out, management of Fintec will disposed those shares and doesn't need explain to share holders.

5. How do you know 1c and 1.5c is deemed cheap?

6. AT Systemization are in the process of establishing their factories and gloves productions with promising of gloves contracts from oversea. By right, this is a good chance for Fintec to invest in AT factory. Why do they disposed their shares as Fintec always tell the shareholders, that they are like Warren Buffet, like to invest long term?

one of the segment is palm oil and it's doing well at current CPO

somebody have to buy direct from open market. Gdex need to buy from open market more shares now

so many ESOS, how to rise ? And how esos can help on the share price? what is the purpose company do this ?

KEEP UP TO 30 BY END OF WEEK.

i checked so far heir business keep increasing. The receivables part abit red flag. The repayment of loans are doing well, so generall they are ok.

OTHERSGDEX BERHAD ('GDEX" or "the Company")- APPLICATION TO BURSA MALAYSIA SECURITIESBERHAD FOR ACCEPTANCE OF A LOWER PUBLIC SECURITY HOLDING SPREADYou 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

what is this about

beli sikit2

market is x good and getting worse.

looks like now have to HOLD ....

sapu kuat kuat ooooh

Transfer to main board no jalan ?

Who are these 2 new sub SH?

fintec made alot of money

I dont think will drop that low anymore. The rebound will start from 245 until coming CNY.

RENOUNCEABLE RIGHTS ISSUE UP TO 384,557,653 NEW ORDINARY SHARES IN SCOPE INDUSTRIES BERHAD ("SCOPE SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.175 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING SCOPE SHARES HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 25 JUNE 2021 ("RIGHTS ISSUE")

how much is the rights issue by scope?

agm apa story?

today manyak jual

qr in march. still a long way ler.

buy buy

dont just look at 1 side of the gloves pricelah.

overcapacity of gloves ? Still need gloves right ? How long the rubber producer signed the contract with their clients? how much they valued? How much is the profit and growth despite the price of the gloves are down?

now u want 1c can get ?

they Esos at 1c, and another party buy 1c, later on they got show. haha

back to square 1 sigh

this counter, telur pun sudah jadi tua....LOL

those chased at 29 , 28 , 27 , sakit oh

fintec takut orang makan dia punya share, so they buy their own shares and hold by own people.

Some big kaki is selling. be careful bros. doesn't look good now.

Tomorrow how much?

The new NWP CEO Yap Shuh Jian cornered and checked mate Nelson kao kao.

According to Mr Yap,
"Nelson called him one day and stopped him to investigate the company account. Nelson threatened to buy all the company shares of NWP and threatened to kick him out from the board. "

Serigala ada pakai sarung haha

if nelson out of NWP, I will buy NWP hahaha

now 4 NWP companies suing this guy.

This is second time Nelson and partner kena legal mitigation.

NWP - (ex) MD Nelson Kee Soon Ling dan Yew Onn Chong dituduh makan duit company NWP.

This guy long time i suspected he embezzled the company money. No wonder GSRealt*y syiok so much development.

wah. Iconic...so hot during market down

Esos is when company Directors acquired their own shares ay cheap price. Imagine if the stock rise up to RM1, walau!! Fintec will make alot of money!

Reap88 I am surprised BCMall is allowed to issue 469M BCMall shares under ESOS scheme without having to call for an EGM or get SC approval. Something is very wrong. Instead of protecting the interest of minority shareholders SC is allowing excessive dilution of capital at the expense of small shareholders. Assuming BCMall have 100 employees, in theory each employee will be offered 4.69M BCMall shares valued at RM140,700. It makes me wonder how many employee have available cash of RM140,700 to buy 4.69M BCMall shares
13/01/2022 1:44 PM

why would BCMall issued shares under ESOS, anybody?

why got jalan this permaju? 80c can?

lian998 disposed total 170,035,800. any idea why???
07/01/2022 8:08 PM


where got