Fintec although owns a 25.92% equity interest in Focus Dynamics, is still accumulating Focus shares! this is interesting! with d price uptrend now, it looks like Focus intended shares split is imminent!
In summaries: 1) Low investment, lower risk. At issuance cost 5.5 sen, we are paying at present around 1 sen. The risk of people subscribing at 5.5 sen to sell at 1 sen is much lower.
2) Will mature (auto-convert) and NOT expire like warrants investment. I can't stand losing it all. Just like buying insurance, I will prefer buying an endowment policy which upon maturity will give me back something in return.
3) 2 methods of conversion. The example given shows how the mother shares dropped to a certain level which triggered the change of methods of conversion. Holding mother shares will not have this advantage.
4) Anti-dilution. We cannot dilute the subscription cash if it is not converted. Any PP, ESOS, RI, etc will not dilute the ICPS as shown in the adjustment formula in my write-up.
I can only think of these few reasons. Maybe some experts can comment and add more.
If the ICPS and mother shares are almost at the same price, it is another story. Example: Fintec and Fintec-PA, both selling at a low of around 2 sen, I will go for the mother share.
sad u mentioned it's a con stock! surely u won't touched this counter after d scams but Fintec is buying by d millions to claim as majority shareholder! surely their outlooks on Focus differs from u n me! don't think they will let Focus price fall further! sound scary this Fintec playing with market shares in Bursa Malaysia!
no stocks are good or bad, it's trading..once it's high sure to fall, fallen sure to gain.. gold is a valuable metal doesnt mean it's good, those who purchased it during 2011 were cursing it for about 8 years, it's just a matter of Price.
KUALA LUMPUR (Sept 15): Pasukhas Group Bhd via its unit Pasukhas Sdn Bhd has secured a building and external work contract worth RM77 million from Focus Dynamics Bhd's subsidiary Famous Ambience Sdn Bhd to complete the construction of a commercial smart building at Jalan Tun Razak, Kuala Lumpur.
Nothing to argue or start pinpoint others the shares prices still stagnant or dropping. From RM2.69 to now RM0.06 drop so much haven’t going up. If u bought the share would u feel happy or angry with such prices? Unless the share really perform limit up for continuous 2 or 3 days that will be different. All is prediction what going up 0.70 be careful if u all feel go up buy maxi all go in feel the price going up. I have been trap of good news from Dec last yr until now. Feel can go up start buying more. Never trust of good news once stuck u will feel happy or angry!
Focus Dynamics share split of 3:1 is in d horizon again.
Focus Dynamic has just awarded a rm77m contract to Pasukhas for construction of The Arch, a commercial smart building at Jalan Tun Razak, Kuala Lumpur.
The Arch – KL’s largest and latest F&B and Lifestyle hub
Arch was supposed to commence construction n to b completed by end-2018. This project was delayed, instead d construction is scheduled to be completed entirely by November 2022.
The Arch is a five-storey building with a basement level comprising retail lots, showrooms, F&B lots, a multipurpose event hall, a family-themed karaoke entertainment centre, a Chinese restaurant and a seafood restaurant.
Time will heal Focus Dynamic image! d sell off by Credit Suisse on penny stocks in Bursa Malaysia invested by Fintec was detrimental, especially to Focus share price dropping from 0.66c to 0.06c is without logic!
Bro @KLLee_0110, I think not RM2.69 straight to RM0.06. RM2.69 split by 3 to around RM0.90, shareholders will get 3 times shares. If RM0.06 will worth around RM0.18; that is still 'bad' enough!! @investor2021trading, hopefully time will heal. All the best to us..Happy trading and TradeAtYourOwnRisk.
@BLee, latest TP for Focus is 0.14 in d near term!
d plans for d Arch Project is supposed to b from funds to b raise from failed proposed share split n ICPS rights issues. They r so confident to go ahead with d award of rm77m contract to Pasukhas for construction of The Arch, a commercial smart building at Jalan Tun Razak, Kuala Lumpur.
@investor2021trading, the first share split was successful. Focus D is 'cash rich' bcos of ICPS issuance and the rushing 'blessing in disguise' of conversion during price drops; many conversion using 1 ICPS plus 49.5sen cash. Only the second share split rejected due to after split, the price will be less than requirement of RM0.20. Usually not logical to has a consolidation after a split; I don't know what will be the next issuance...especially Fintec owning more than 30%. Happy trading.
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Posted by 651158 > 2021-09-10 21:43 | Report Abuse
How about you, hope the mother can drop again from Monday and buy in