Did all the wild guessing for what? It's just plain time wasting...lol. Stop putting up rubbished suggestion and comments here. The following messages from Fintech for you all to think and analysts and give a good opinions and points of view. 1) Why recently fintech boss need to come out and defend their innocence in all the recent shares scams?? 2) What is their motives to do so ?? 3) What are their next moves and target ??
CREDIT SUISSE AG, DUBLIN BRANCH 27-Apr-2021 Notice of Person Ceasing 415,872,500 0.000 View Detail CREDIT SUISSE GROUP AG 27-Apr-2021 Notice of Person Ceasing 417,372,500 0.000 View Detail
CS the 2021 big loser DUMPED all their 415.9 mil tickets!
Why makes Credit Suisse one of the worst investment banks? Market realizing the steep discount this is trading to peers...... 23 yrs of bad news. Housing crisis European Nanking crisis Sovereign Debt crisis Brexit Spying Scandal CEO change Covid crisis slow European rollout of vaccine Greensill debacle Bill Hwang margin call
(i) Acquisition of 900,000 shares on 27 April 2021. Credit Suisse Group AG has deemed interests. (ii) Disposal of 2,400,000 shares on 27 April 2021. Credit Suisse Group AG has deemed interests. (iii) Holding decrease 415,872,500 shares under the prime brokerage client which Credit Suisse Group AG has no right to rehypothecate the shares over the holding. (iv) The waiver agreement was signed on 27 April 2021.
Where is the logic of conversion at 55 cents when share price is only 12 cents ?
Why did Fintec buy so much at a high price ?
Is Saudee, MMAG, Macpie, Focus, all part of the Family where the shares were pushed up and then touched all time low ?
M Touche consolidated 10 shares to 1, now offering 6 rights at 10 cents, and 3 free warrants for 1 share, this will equal to 10 shares again. ! Back to square one ? Price of mTouche rose from 17 to 39 cents to induce people to take up rights ?
Is this a game they are playing to make people lose money ?
@investor77 : Where is the logic of conversion at 55 cents when share price is only 12 cents ?
BLee: Asiabio (Fintec) holding cost of Focus-PA after disposed free warrants last year is around 0.27sen (0.27 multiply by 10 still less than 12sen). Below are extract from qr end 2020: Article B11 - Status of corporate proposals a) On 2 December 2020, Asiabio Capital Sdn. Bhd. (“ABC”), a wholly-owned subsidiary of Fintec, has subscribed in aggregate 25.05% or 512,099,792 ICPS with 768,149,688 free detachable Warrants D of Focus Dynamics Group Berhad("the free detachable Warrants") for an aggregate sum of RM28.16 million in cash via the Rights Issue of ICPS with Warrants of Focus at an issue price of RM0.055 per ICPS. On 21 December 2020, ABC had disposed the free detachable Warrants for an aggregate sum of RM26.74 million in cash through open market."
It seems that the holding cost of 512million Focus-PA for Fintec only around RM1.4million.
Investor77: Why did Fintec buy so much at a high price ?
BLee: I can't answer this question logically..only reason could be cost averaging at high to low range (aggregate purchase cost of around 34sen since early April?).
For all the other good questions; it is beyond my knowledge to give a good answer.
ya, last time i played a counter called tiger, same trend and tactic, very high volume every day then up a bit in the morning and closed lower at the end
their average still about circa 25c now. But alrdy makan a lot money in between. Aiya give charity a bit la. Make so much lui d. Lkl pump a bit d and focus owns over 30%. Give 15-16c back la, let those trapped at 20c and above to cut loss kikikikiki
Brucehwang, first of all, this is part of Fintec so integrity wise will be a question mark, if the future is good then price won't drop from 2.68 to 0.115...i bought it as initially planned for FIFO but now i am stuck too as apparently the operator created a scenario like huge accumulation at the bottom so everyone thought it will rebound...just look at Fintec, earned so much money on paper but its price is only 0.05..lol...really a super conman, my friend stuck with Fintec since months ago...better stay away...the high volume here is kind of left to right hand or vice versa if i am not mistaken, the trend is really like Tiger previously...just my 2 cents...`not only focus, just look at saudee, macpie, anzo....all are under 1 roof...luckily i dun have much of Focus as this counter is risky type, can go below 0.1...i really hope my view is wrong...
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 463 views | 3 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 12381 views | 11 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lokupkenneth
1 posts
Posted by Lokupkenneth > 2021-04-28 22:49 | Report Abuse
The kenneth geng focus fintec and many more avoid at all cost.