They tipu ppl with so many share splits & issues to make it look 'cheap' but it's the MOST EXPENSIVE shr in Bursa! After falling 80% from its high, it's STILL trading @ a ridiculous mkt cap of almost $1 BILLION...when the rev is only 60 million!
Really nice days to read the many posts pluck mainly from thin air and I told u so sifus or reposting old and stale info ......make my day and rather entertaining reading it ...
Only sensible posts as below thus far from the 100plus posts from Sifus & stock experts...
Cheers...
Focus Dynamics PE ratio b4 today's closing is now at 66.67! shouldn't go lower?
All fault on KLSE/BURSA. Very weak in regulations and monitoring more like gambling den hope high volume daily for fees and commission. The director of KLSE should charge in court.
quick check....blumont in spore price only 0.005cts,asiasons delisted and liongold change name to shen yao now also 0.005cts only. here at least focus still 0.145cts and not 0.005cts.....hehe
The Syndicates in Malaysia stock market is gaining momentum and out of hand, not only running out of stocks to churn out cash in public listed companies, but went hostile on many new public listed companies, such at latest AT Systematization Bhd (AT Bhd) on Asdion Bhd?
Scoping up new public listed companies shares, hype up Voluntary General Offer (VGO) and later use their cash in existing public listed companies to buy their own shares in other new public listed companies, becomes a flood gate in Bursa Malaysia. Malaysia financial daily The Edge did 3 special coverages on the same “mastermind” pin pointing the problem in the system in September 2020 and recently 2 articles in March 2021.
The questionable abuse of “hostile ruling” by using “investment in other public listed company shares” as proof of fund for such scheme, raise eye brow in the capital market, questioning the out-dated rules and flaws in the regulatory system. If The Edge investigation is true, the Syndicates repeatedly pumping cash to print new shares and subsequently taken out the cash buying related party shares is indeed left unchecked, the get rich quick money game of Bursa Malaysia might create a bigger issue in capital market.
To understand who is behind the scene is not rocket science. Take the crown jewel of the Syndication, the tightly controlled Focus Dynamics Group Bhd largest 30 shareholders list which held 96.367% as of latest Annual Report 2019 for example.
The suspected mastermind early days shield were namely in offshore accounts such as Credit Suisse Group AG (HSBC Nomminee(Asing) Sdn Bhd), UBS Group AG (Citibank Nominee (Asing) Sdn Bhd), split holding under other nominee accounts such as Maybank Kim Eng Securities Pte Ltd, CGS-CIMB Securities (Hong Kong) Limited, Barclays Bank PLC, and, DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD.
Obviously the related parties are within the list of shareholders in Focus Dynamics Group Bhd, namely “Sanston Financial Group Limited, Lazarus Securities PTY LTD, Carol Vun On Nei, and of cause Mak Siew Wei” just to name a few obvious.
Sanston Financial Group according to Zoom Info Hong Kong authority record is a 9 staff tiny brokerage house with approx US$1 million revenue. The other vehicle Lazarus Securities PTY LTD was the off market transferee from Sanston Financial Group of the Asdion Bhd shares to camouflage the trail that Sanston Financial Group is indeed a major shareholder of AT Bhd, potential in breach of related party transaction. Carol Vun On Nei is the sister of Kenneth Vun Yun Lun, while Mak Siew Wei is the best actor acting in concert with the suspected mastermind.
The crunch came when the Syndicates cornered and pumped Focus Dynamics Group Bhd shares to ultra-inflated value of RM3 billion (RM3,000,000,000) after series of share issuances, on a share price of RM0.50 and NTA of RM0.0281. Cashing out through “divestment” of 1,605,197,076 shares to FINTEC GLOBAL BERHAD (through Asiabio Capital Sdn. Bhd.). To recap, Fintec Global Bhd did series of share issuance and money pump into FIntec Global Bhd is handsomely taken out through the same modus operandi. As of latest quarterly report, FIntec Global Bhd has RM1.18 billion “Investment in securities” while cash and equivalent stood at RM117 million. How did Fintec Global Bhd shareholders approved a RM1.18 billion “investment” out of RM1.34 billion total equity? The investment decision of Fintec Global Bhd if not knowingly acting in concert with the investee (Focus Dynamics Group Bhd), must be the expert of all experts delivered RM800 million “capital gain” for 31 Dec 2020 results.
The RM3 billion Focus Dynamics Group Bhd “shell” is perfect for not only Fintec Global Bhd but “many other” potential candidates within the Syndication group of companies to cash out?
Obviously the Syndicates need to find more “public listed shares” to feed the greed engine which is out of hand right now.
Dompeilee post : Ask me 2 check my facts...really super sor
Please recheck & check the facts on what you post esp on the last few words on what you post earlier... in order not to misled i3 investors...I rest my case. Cheers...
he Syndicates in Malaysia stock market is gaining momentum and out of hand, not only running out of stocks to churn out cash in public listed companies, but went hostile on many new public listed companies, such at latest AT Systematization Bhd (AT Bhd) on Asdion Bhd?
Scoping up new public listed companies shares, hype up Voluntary General Offer (VGO) and later use their cash in existing public listed companies to buy their own shares in other new public listed companies, becomes a flood gate in Bursa Malaysia. Malaysia financial daily The Edge did 3 special coverages on the same “mastermind” pin pointing the problem in the system in September 2020 and recently 2 articles in March 2021.
The questionable abuse of “hostile ruling” by using “investment in other public listed company shares” as proof of fund for such scheme, raise eye brow in the capital market, questioning the out-dated rules and flaws in the regulatory system. If The Edge investigation is true, the Syndicates repeatedly pumping cash to print new shares and subsequently taken out the cash buying related party shares is indeed left unchecked, the get rich quick money game of Bursa Malaysia might create a bigger issue in capital market.
To understand who is behind the scene is not rocket science. Take the crown jewel of the Syndication, the tightly controlled Focus Dynamics Group Bhd largest 30 shareholders list which held 96.367% as of latest Annual Report 2019 for example.
The suspected mastermind early days shield were namely in offshore accounts such as Credit Suisse Group AG (HSBC Nomminee(Asing) Sdn Bhd), UBS Group AG (Citibank Nominee (Asing) Sdn Bhd), split holding under other nominee accounts such as Maybank Kim Eng Securities Pte Ltd, CGS-CIMB Securities (Hong Kong) Limited, Barclays Bank PLC, and, DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD.
Obviously the related parties are within the list of shareholders in Focus Dynamics Group Bhd, namely “Sanston Financial Group Limited, Lazarus Securities PTY LTD, Carol Vun On Nei, and of cause Mak Siew Wei” just to name a few obvious.
Sanston Financial Group according to Zoom Info Hong Kong authority record is a 9 staff tiny brokerage house with approx US$1 million revenue. The other vehicle Lazarus Securities PTY LTD was the off market transferee from Sanston Financial Group of the Asdion Bhd shares to camouflage the trail that Sanston Financial Group is indeed a major shareholder of AT Bhd, potential in breach of related party transaction. Carol Vun On Nei is the sister of Kenneth Vun Yun Lun, while Mak Siew Wei is the best actor acting in concert with the suspected mastermind.
The crunch came when the Syndicates cornered and pumped Focus Dynamics Group Bhd shares to ultra-inflated value of RM3 billion (RM3,000,000,000) after series of share issuances, on a share price of RM0.50 and NTA of RM0.0281. Cashing out through “divestment” of 1,605,197,076 shares to FINTEC GLOBAL BERHAD (through Asiabio Capital Sdn. Bhd.). To recap, Fintec Global Bhd did series of share issuance and money pump into FIntec Global Bhd is handsomely taken out through the same modus operandi. As of latest quarterly report, FIntec Global Bhd has RM1.18 billion “Investment in securities” while cash and equivalent stood at RM117 million. How did Fintec Global Bhd shareholders approved a RM1.18 billion “investment” out of RM1.34 billion total equity? The investment decision of Fintec Global Bhd if not knowingly acting in concert with the investee (Focus Dynamics Group Bhd), must be the expert of all experts delivered RM800 million “capital gain” for 31 Dec 2020 results.
The RM3 billion Focus Dynamics Group Bhd “shell” is perfect for not only Fintec Global Bhd but “many other” potential candidates within the Syndication group of companies to cash out?
Obviously the Syndicates need to find more “public listed shares” to feed the greed engine which is out of hand right now.
@BE_GREEEEEDY, I’m fine, tq for your concern. I don’t have share in Focus, I only bought pa 1.5-2.5 cents. I already put it in my safety box. Now waiting to buy more at 1 cent. Keep for few years surely get handsome returns after the dust is settled.
Better wait for the price to stabilise first b4 you intend to buy the mother share. Dare not touch the mother share from the beginning (luckily). Only buy a few hundreds lots of pa for long term investment because pa only expired in 2030.
predict mother will only stop drop when warrant sell que at 0.005 . from there tis share going to sleep for 3 month or 1 or 2 year. operator wont push up for your all to sell.
the so called swiss group to acquire shares of this counter. The swiss group also acquired Kstar shares. After that, dont know for what reason raise till 0.30 something and then dump their shares and kstar keep dropping till 0.95 and now slowly increase to 0.110 - 0.115. would it be another trap ?? is there any relationship between this swiss group with fintec group ?? anyone know ??
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apolloang
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Posted by apolloang > 2021-04-16 16:53 | Report Abuse
the edge forgot to write ar, the 5 bil meltdown? benson tay another nicky ar? no runaway yet with 8 bags of cash?