At the moment, still cash rich = RM157 million as at 31/3/21 Debts only RM6.6 million
BLee: TQ, @whistlebower99 for highlighting the 'good' financial status. I have written 2 articles on Focus D, link attached in case you are interested.
The total issued shares will be larger than that of TOPGLOVE (8,206,694,034) !!!
=================
When the cash is almost used up, there is always a possibility of going for shares consolidation and followed by fund raising again via rights issue with free warrant.
Retailer shareholders will end up with most losses.
BLee: If warrants and Focus-PA converted, how much $ brought into cash flow? Answer: Total warrant Focus-WD= 3,066,399,051 x 0.8 = RM 2,453,119,240.8 Total ICPS (PA) = 903,363,292 x 0.55/10 = RM 49,684,981.06 (min.) Total = RM 2,502,804,221.86
That is RM2.5B, Focus D will be cash rich then. It will NOT likely happen as conversion of RM0.8 and RM0.55 respectively ONLY tenable if Focus D market price moved back to the good old times!!
================================== @whistlebower: Trade wisely, set realistic target
Foreign funds continued as net buyer? Yesterday (25 Aug., 2021) trading status:-
Participation (%) Bought (RM m) Sold (RM m) Net (RM m) Institutions 43.9 1,176.9 1,365.9 -189.1 Retail 34.5 974.1 1,021.6 -47.4 Foreign 21.6 743.4 506.9 236.5 Total 100.0 2,894.4 2,894.4 0.0
Good days are coming for Focus D? Yesterday half morning up 22.2%. Today half morning up 10% from yesterday 5 sen closing (last 1 lot push up at 5.5 sen!!) .
@investor2021trading, always good to take profit. No need worry if price go higher, a bird in hand worth many in the bushes.
minus all d cheating, etc... at least there is still a small profit achieved! business now should pick-up with d Hong Kong n Malaysia's economy opening up! d financial results shown now is considered more factual n hope d low PE ratio of 11.90 n low EPS of 0.42c will goes up without anymore new PP, share splits, etc...
agreed with u it's pointless writing if d share price don't go up! i see ur anger n frustration in Focus n Saudee! 27/08/2021 10:37 AM
BLee: My opinion is if we own the shares (I own Focus-PA only at slightly above 1 sen), as in team competition Liverpool vs MU/MC, be a good cheerleader supporting our selected team (share counter).. Happy trading.
u or any investors can imagined if Fintec with such a bad reputation in Bursa is still buying Focus shares in millions of units till today, what is that to shun or scared of Focus Dynamic? cheers bro n happy trading with care!
@whistlebower99: ..don't be trapped at high price for years
BLee: Focus D at around 5sen and Focus-PA at around 1sen; is it consider high price or bargain?? Last 6 quarters with profit and good fundamental...please do own due diligence.
@BILLC, Fintec did PP and ESOS (21 times) issuing price at 'not more than a 10% discount to the weighted average market price of the shares for the five market days immediately before the price-fixing date', depressing the trading price?? If you read below report, you might find the answer:
Hong Kong not very good place to keep money d and usd is at its high point, best time to buy MYR, soon after instead of only having business gains, MYR gains is a bonus, Malaysia is an up coming financial centre, good move good move.
bro, Fintec n AsiaBio Capital buying big into Focus is gud enough! they buy in millions of units! they raised money from issuing PP, RI, etc... n keep buying Focus shares! Focus buying n controlling of Saudee, LKL n GOcean r vy attractive to them!
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whistlebower99
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Posted by whistlebower99 > 2021-08-24 10:47 |
Post removed.Why?