Posted by pirates_boom > 2017-08-11 14:20 | Report Abuse

Kenapa ini counter investor banyak fighting？ who fault？

Posted by pirates_boom > 2017-08-11 14:21 | Report Abuse

Management should write something lah，image pun rosak

Posted by Joey Goh > 2017-08-11 15:15 | Report Abuse

director is acquiring stocks @ 0.33..what does it say?

Posted by nocindycat > 2017-08-11 15:15 | Report Abuse

i told you, ng wai pin buys but his proxy selling, fking hell

Posted by nocindycat > 2017-08-11 15:22 | Report Abuse

inari mpi penta vis all rebounded, but frontken drop 8%, it tells you something guys, as I told you, chairman buying is a show only

Posted by newbie5354 > 2017-08-11 15:31 | Report Abuse

500K a lot meh? How abt Shukeri bin Hitam disposal past 1 year? Less than 500K?

Joey Goh director is acquiring stocks @ 0.33..what does it say?
11/08/2017 15:15

Posted by Joey Goh > 2017-08-11 15:53 | Report Abuse

let's see when the QR comes out..now all drama =)

Posted by laulau > 2017-08-11 16:24 | Report Abuse

wah lau..25 sens soon?

Posted by thinkfirst > 2017-08-11 17:13 | Report Abuse

Oh 0.305 next week already below 0.30

Posted by JJchan > 2017-08-11 17:37 | Report Abuse

https://www.yahoo.com/gma/mattis-war-north-korea-catastrophic-023305885--abc-news-topstories.html

I think most stock markets will rebound on Monday......Mad Dog Mattis (Defense Secretary--former
General) has a clear picture what will happen in crazy war with Kim Jong-Un.....One million
south korea death and my samsung 9 model gone forever

Posted by pirates_boom > 2017-08-11 17:51 | Report Abuse

nocindycat inari mpi penta vis all rebounded, but frontken drop 8%, it tells you something guys, as I told you, chairman buying is a show only
11/08/2017 15:22

Chairman beli itu dia punya Hal lah,
U ini celaka, kalau u tak beli then diam diam lah, apa u susah, no your money, otak babi kah？

Posted by pirates_boom > 2017-08-11 17:51 | Report Abuse

Beh tahan ini sinka lang

Posted by swatteam > 2017-08-11 17:54 | Report Abuse

If everything remains stable over the weekend, that gap should be filled in a few days I think.

Posted by JJchan > 2017-08-11 20:25 | Report Abuse

I read just now from US sources, North Korea ICBM is highly unreliable----instead of shooting
to Guam, it might lands in Pakistan ( just a joke )

Posted by ckcc > 2017-08-11 20:33 | Report Abuse

Heard Frontkn involve in O&G not only semicon how true? O&G good sector now?

Posted by Stock Kingdom > 2017-08-12 00:33 | Report Abuse

Scary movie is showing?

Posted by thinkfirst > 2017-08-12 06:42 | Report Abuse

Aug. 11: Trump continues his heated rhetoric against North Korea, tweeting that, "Military solutions are now fully in place, locked and loaded, should North Korea act unwisely. Hopefully Kim Jong Un will find another path!"

Posted by thinkfirst > 2017-08-12 06:42 | Report Abuse

President Donald Trump on Friday warned North Korea's leader that he "will not get away with" it if he does anything against the U.S. or its allies.

"If he utters one threat in the form of an overt threat — which by the way he's been uttering for years, and his family has been uttering for years — or if he does anything with respect to Guam, or American territory or an American ally, he will truly regret it and he will regret it fast," Trump said of North Korean leader Kim Jong Un.

Speaking to reporters later after meeting with Secretary of State Rex Tillerson, U.N. Ambassador Nikki Haley and National Security Adviser H.R. McMaster, the president said he planned to talk to Chinese President Xi Jinping on Friday evening, noting that the two countries have been working "very closely" on the North Korea issue.

Trump also previewed that his administration was considering "very strong" additional sanctions on North Korea — "as strong as they can get," he added — but he did not offer any details.

The president said the only reason anyone was criticizing his handling of North Korea was because he was the one in charge.

"My critics are only saying that because it's me," Trump told reporters at his Bedminster, N.J., golf resort. "If somebody else uttered same words I did, they'd say what a wonderful statement."

He added, "Tens of millions in this country so happy with what I'm saying — finally we have president sticking up for our nation and for our friends and allies — and this man will not get away with what he's doing, believe me."

Posted by yellavia > 2017-08-12 09:38 | Report Abuse

All eyes on Frontken

BY TEE LIN SAY

Growth strategy: Frontken’s plant in Kulim Hi-Tech Park. Over the last three years, Frontken has switched its focus from heavy oil and gas-related services to higher margin semiconductor services.
Growth strategy: Frontken’s plant in Kulim Hi-Tech Park. Over the last three years, Frontken has switched its focus from heavy oil and gas-related services to higher margin semiconductor services.

Despite the sudden selldown its prospects look positive

FRONTKEN Corp Bhd has very much been in the spotlight this week.

In fact, it has pretty much hogged the trading volume list over the last few months, almost always being among the top 10 most actively traded counters of the day. This has somehow created the perception that the stock is more hype than real business.

Frontken had also been in the news over the years as a company that could possibly see new major shareholders emerging or becoming a privatisation target by its owners. What is for certain though, is that the financials of the company have been improving since 2015.

The stock is also clearly a favourite with some investors, as it was up some 130% prior to its fall last on Monday, Aug 7.

Last Monday, after 4pm, Frontken’s shares suddenly experienced a selldown, causing its price to plunge by 20% or 8.5 sen to 33.5 sen. Some 178.8 million shares changed hands and it was the most actively traded counter of the day.

Dealers say Fronken’s share drop may have spooked the market. Selling of Frontken’s shares continued during Tuesday morning session. This may have caused a domino effect which saw other small-cap tech stocks also fall. By the afternoon trading session though, Frontken had stabilised and recovered back to its Monday’s close of 33.5 sen.

To be fair to Frontken, despite the year-to-date run up in its stock, the stock’s price-to-earnings ratio was still palatable.

At Thursday’s close of 32.5 sen, it is trading at a historical 2016 price-to-earnings ratio of some 15 times. It is also in a solid net cash position of RM65.7mil or 6.3 sen per share.

Nonetheless, tongues were wagging, brokers were talking and investors were jittery. Who was the big seller?

A check on Bloomberg shows that the major shareholders of the company continues to be CP Asia Holding GMBH with 27.8%, Ooi Keng Thye with 13.5% and Cheng Chew Giap with 2.6%.

Dr Jorg Helmut Hohnloser is the major shareholder of CP Asia.

Hohnloser is also a director of Frontken. He first bought into the company back in 2010 via CP Asia, and increased his stake up to its present 27.75%.

Hohnloser was a major shareholder of a European company called Cleanpart GmBH, which is the holding company of CP Asia. Cleanpart provides the same services as Frontken – maintaining of equipment in the semiconductor and other industries.

In the past, there has been much speculation and reports that Hohnloser was looking to strengthen his control in the company. This rumour has since died down.

In November last year, Hohnloser ceased to have an indirect interest in Frontken via his shareholdings in CP Asia as he had ceased to be a shareholder of Cleanpart.

On May 10, Hohnloser was redesignated to independent director from his previous position of non-independent director.

Meanwhile, the managing director and chairman of Frontken is Ng Wai Pin, who was appointed in 2012, when he took over from the company’s co-founder, Willy Wong Hua Choon.

Ng was redesignated to the new position from senior independent non-executive director previously. Ng has a direct stake of 0.52% or 5.5 million shares. On Aug 8, he bought 500,000 shares at 33 sen from the open market.

Ng is also chairman of Ares Green Technology Corp, Frontken’s 84.6% subsidiary.

Improving financials

Frontken is a provider of surface metamorphosis and mechanical engineering solutions, serving a wide-range of heavy industries such as oil and gas, power generation, semiconductors and marine.

The company also specialises in engineering services that include coating, machining and grinding, manufacturing and precision cleaning.

The company today employs some 1,000 employees across its engineering plants in the Asia-Pacific such as Singapore, Malaysia, Thailand, the Philippines and Taiwan.

Over the last three years, Frontken has switched its focus from heavy oil and gas-related services to higher margin semiconductor services. This has resulted in its improving results.

For its first quarter to March 31, 2017, the company made a net profit of RM5.02mil from a previous loss of RM1.24mil in the same period of the previous year. Revenue increased to RM67.06mil from RM58.79mil previously.

The better results were due to improved performance by the group’s subsidiaries in Taiwan and Singapore, largely due to the positive growth of...

Read more at:
http://www.thestar.com.my/business/business-news/2017/08/12/all-eyes-on-frontken/

Posted by thinkfirst > 2017-08-12 14:05 | Report Abuse

Will start collect below 0.30

Posted by Maxireturn > 2017-08-12 15:23 | Report Abuse

Should see positive movement in coming weeks..probably be trading ard .35-35 lvl until qr. if result is upbeat, should see more upside to .40

Posted by limch > 2017-08-12 17:39 | Report Abuse

[FRONTKN] Change In Director's Shareholding - DR JORG HELMUT HOHNLOSER on 14-Nov-2016
Stock [FRONTKN]: FRONTKEN CORPORATION BHD
Announcement Date 14-Nov-2016
Director's Particular:
Name DR JORG HELMUT HOHNLOSER
Address -
Details of Changes:
Currency Malaysian Ringgit (MYR)
Date of Change Type Number of Shares
10-Nov-2016 Others 290,991,473
Nature of Interest Indirect interest
Shares ORDINARY SHARES OF RM0.10 EACH
Reason Ceased to have an indirect interest via his shareholdings in CP Asia Holding GmbH as Dr Jorg Helmut Hohnloser has ceased to be a shareholder of Cleanpart Group GmbH, a holding company of CP Asia Holding GmbH
Consideration
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 0
Indirect (%) 0.00
Total (units) 0
Total (%) 0.00
Date of Notice 14-Nov-2016
https://klse.i3investor.com/insider/director/0128/14-Nov-2016/121143_1939530042.jsp

Posted by limch > 2017-08-12 17:40 | Report Abuse

What Star wrote is fake 1. Dr Jorg 0 shares in Frontkn.

Posted by beware1 > 2017-08-12 18:17 | Report Abuse

Ooi Keng Thye big seller? He sold some in May'17. Again selling when 40 sen?
https://klse.i3investor.com/insider/substantialShareholder/0128/29-May-2017/399238_908541227.jsp

Posted by magnificent2 > 2017-08-12 22:30 | Report Abuse

Downtrend..

Posted by thinkfirst > 2017-08-13 09:28 | Report Abuse

blood on the street again

Posted by emzekwhy > 2017-08-13 11:21 | Report Abuse

thinkfirst is trying to get people to sell.

Posted by Adventurer > 2017-08-13 13:14 | Report Abuse

Star editor should be reprimanded if proven to be providing fake news which caused wrong judgement by investors!

Posted by cheated > 2017-08-13 16:33 | Report Abuse

I was cheated by Star on Bandar Malaysia news 2-3 months ago that MRCB, Malton likely winner. So want to cheat 1 more time in Frontkn?

Posted by Edwardong53 > 2017-08-13 21:06 | Report Abuse

Friends, not only Star paper lah. Most of Stock broking securities companies also release such news and write-up to instigate retailer investors to buy when they are selling for their BIG clients behind the scene. One typical example is the private placements when go listings.

Posted by moneypedia > 2017-08-13 22:03 | Report Abuse

Errmmm 1mdb+DPRK nuke rhetoric + qr weeks + bullish market last 2 weeks, this all bring market sell down, tomorrow should normalize or later next month, just be chillin and be coool...

Posted by benjaminc11 > 2017-08-13 22:27 | Report Abuse

just have faith and good luck everyone

Posted by thinkfirst > 2017-08-14 07:21 | Report Abuse

Today early morning maybe green before u turn to red. Not the good time to enter now.

Posted by emzekwhy > 2017-08-14 07:33 | Report Abuse

stock oversold. good price to enter

Posted by DickyMe > 2017-08-14 09:05 | Report Abuse

MR NG WAI PIN
09-Aug-2017
Acquired
500,000
0.330

Posted by AyamTuaTua > 2017-08-14 09:06 | Report Abuse

Selamat Pagi. Today good day. Pasti tuju langit... Ki ki ki...

Posted by thinkfirst > 2017-08-14 09:09 | Report Abuse

Ayam tua tua jangan bimbang nanti sekejap lagi 0.30 and below ha ha

Posted by Zenithopia > 2017-08-14 09:18 | Report Abuse

Today looks fresh?

Posted by Zenithopia > 2017-08-14 09:18 | Report Abuse

thinkfirst, why you said so?

Posted by nocindycat > 2017-08-14 09:27 | Report Abuse

deadcat bounce, better run

Posted by Explode > 2017-08-14 09:36 | Report Abuse

mari

Posted by Explode > 2017-08-14 09:36 | Report Abuse

today see 0.35

Posted by moneypedia > 2017-08-14 09:50 | Report Abuse

Seems market is good today, amigos

Posted by CharlesT > 2017-08-14 10:44 | Report Abuse

Both the jokers Thankfirst n nocindycat sold their shares earlier at RM0.40 n now everyday talk bad on this co hoping to buy back lower...

Try harder pls I also want to buy more at lower prices

Posted by Explode > 2017-08-14 11:44 | Report Abuse

good buy now...

Posted by emzekwhy > 2017-08-14 12:18 | Report Abuse

thinkfirst and cindicat are not holdings any shares in this counter. just talk only.

Posted by AyamTuaTua > 2017-08-14 12:28 | Report Abuse

Jangan nanti tuju langit kata ayam tua tak cakap. Ki ki ki

Posted by Explode > 2017-08-14 12:31 | Report Abuse

ong ahh, huat ahhh!!!

Posted by Ming Tzy > 2017-08-14 12:59 | Report Abuse

End month Q result will definitely giv u shock..buy now if u want earn money.

Posted by thinkfirst > 2017-08-14 13:07 | Report Abuse

Sorry guys i see dnex drop to much now all my money on dnex, will back after make money from dnex. ha ha , now also big profit already.