FRONTKEN CORPORATION BHD

KLSE (MYR): FRONTKN (0128)

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Last Price

3.77

Today's Change

-0.08 (2.08%)

Day's Change

3.77 - 3.93

Trading Volume

2,149,500


52 people like this.

26,336 comment(s). Last comment by tahansan 4 days ago

anchovy

212 posts

Posted by anchovy > 2015-03-02 01:39 | Report Abuse

No more 18 su jackie...u hv to que at 21..hehe

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-03-02 09:01 | Report Abuse

buy arr, if not too late

systane

150 posts

Posted by systane > 2015-03-02 09:05 | Report Abuse

Lots of weak holder mahu jual cepat.. come on, you can sell at higher price.. NTA was 23 sen with 5mill profit, now should be around 27 sen..

jointowin

17 posts

Posted by jointowin > 2015-03-02 09:09 | Report Abuse

wtf...damn high selling pressure

Posted by chaiychong > 2015-03-02 10:38 | Report Abuse

sell it...






to me XD

fl888

7,798 posts

Posted by fl888 > 2015-03-02 11:02 | Report Abuse

Trying to cheat wa holders who bought at 0.5cts to convert to mother by 15-03-15. Be careful ,,,,,

Posted by martinbartesque > 2015-03-02 14:04 | Report Abuse

No worries. Its TA is very gd. Sure wil b up.

PCinvestor

114 posts

Posted by PCinvestor > 2015-03-02 14:43 | Report Abuse

f3888, if stand around 0.185 & 0.19 if convert mother share . very dangerous

eoeo77

14 posts

Posted by eoeo77 > 2015-03-02 14:49 | Report Abuse

any different if i convert to mother share or buy mother share at 0.185?

mhchai

589 posts

Posted by mhchai > 2015-03-02 14:54 | Report Abuse

0.185 is the breakeven price for those who want to convert the WA. Now depends on whether the owner need more money from the public or not. Frontkn has a healthy balancesheet with RM62mil cash in bank and total of 35mil bank borrowing.

mhchai

589 posts

Posted by mhchai > 2015-03-02 14:55 | Report Abuse

Current NTa RM0.24 however if everyone convert, the NTA will fall to 0.226 with 1.3bil share issued from 1bil

Posted by moneytree88 > 2015-03-02 16:14 | Report Abuse

0.185 lolllll

cosway

81 posts

Posted by cosway > 2015-03-02 17:29 | Report Abuse

WA conversion last day is on 03 Mar by 4pm. Let's see what is the action next!

eoeo77

14 posts

Posted by eoeo77 > 2015-03-02 17:30 | Report Abuse

wah, tomorrow end

fyh30

2,317 posts

Posted by fyh30 > 2015-03-02 17:55 | Report Abuse

LAST DAY is 10 March.... not 03 March...

To make it worth to convert the WA for the holders... the price should be above 0.185...

Posted by martinbartesque > 2015-03-02 18:15 | Report Abuse

Will the WA conversion affect the mother share price? More share in the market which lead to dilution? I think YES. Pls share your view.

Posted by majorshareholder > 2015-03-02 21:47 | Report Abuse

i will prefer WA burn

LCX1992

290 posts

Posted by LCX1992 > 2015-03-02 23:13 | Report Abuse

this week frontkn will fly.

angct1028

466 posts

Posted by angct1028 > 2015-03-03 00:22 | Report Abuse

TP 0.25 by month end......

mhchai

589 posts

Posted by mhchai > 2015-03-03 01:00 | Report Abuse

I prefer WA burn as well since Frontkn cash enuf to settle all bank borrowing with 20mil++ net cash left.

ymtan

621 posts

Posted by ymtan > 2015-03-03 12:10 | Report Abuse

Contra players keep selling ... can't break 19c...

dqifays

273 posts

Posted by dqifays > 2015-03-03 15:34 | Report Abuse

bad news for highly speculated counter. it makes it harder to break certain point due to contra players.wintoni selamba je reach new high without any news.

fl888

7,798 posts

Posted by fl888 > 2015-03-03 15:43 | Report Abuse

Could be due to the material litigation by certain Directors against the company?

dqifays

273 posts

Posted by dqifays > 2015-03-03 16:02 | Report Abuse

got any announcement?

Posted by moneytree88 > 2015-03-03 16:13 | Report Abuse

=.=

LCX1992

290 posts

Posted by LCX1992 > 2015-03-03 16:47 | Report Abuse

My nexgram is more powerful than this @@

Posted by moneytree88 > 2015-03-03 16:54 | Report Abuse

sad sad sad 0.18

dqifays

273 posts

Posted by dqifays > 2015-03-03 16:55 | Report Abuse

suddenly everyone going south

eoeo77

14 posts

Posted by eoeo77 > 2015-03-03 17:35 | Report Abuse

why dropped so much today?

kerengga

345 posts

Posted by kerengga > 2015-03-03 17:50 | Report Abuse

contra player...=)

Posted by RM1DivStock > 2015-03-03 19:17 | Report Abuse

Stay calm ..this is to avoid warrant people from converting ..chill ...

Posted by martinbartesque > 2015-03-03 22:13 | Report Abuse

No point to sell it now. It has strong support at 0.17, followed by 0.16sen. Its TA is still good. Will rebound.

eoeo77

14 posts

Posted by eoeo77 > 2015-03-04 08:44 | Report Abuse

with the bright result, i dont see any reason to sell it.

sky2

757 posts

Posted by sky2 > 2015-03-04 09:08 | Report Abuse

Buying more today..cheap

sky2

757 posts

Posted by sky2 > 2015-03-04 09:24 | Report Abuse

What happened to the fundamentalists here....hiding into deep bunkers ? Time to get out and say something ......

Posted by Ah Lek Song > 2015-03-04 09:33 | Report Abuse

Only hoping Frontkn will announce some good news like giving dividen then will reverse the situation.

sky2

757 posts

Posted by sky2 > 2015-03-04 09:43 | Report Abuse

Value investors are lining up to buy....more

mhchai

589 posts

Posted by mhchai > 2015-03-04 09:44 | Report Abuse

Wait for warrant to expire on 11 march, it seems like owner dont want warrant holder to convert upon expiry, so expecting price to stay at or below 0.175 until 11 march (all warrant become toilet paper)

sky2

757 posts

Posted by sky2 > 2015-03-04 09:45 | Report Abuse

Giving chance to warrant holders to buy directly than to convert..

LCX1992

290 posts

Posted by LCX1992 > 2015-03-04 10:00 | Report Abuse

mhchai, suggest the management give div la. =D

sky2

757 posts

Posted by sky2 > 2015-03-04 10:01 | Report Abuse

at current prices..

Posted by jazzymoments > 2015-03-04 10:05 | Report Abuse

conversion of warrant might dilute the NTA. probably frontken boss dont wan that to happen. let the warrant jadi toilet paper

sky2

757 posts

Posted by sky2 > 2015-03-04 10:07 | Report Abuse

Hello warrant holders..chance to buy now than to convert....the warrants

sky2

757 posts

Posted by sky2 > 2015-03-04 10:11 | Report Abuse

It may take about 2 weeks to a month to get the conversion done....than miss the opportunity to sell during the super bull run if any

mhchai

589 posts

Posted by mhchai > 2015-03-04 10:21 | Report Abuse

Lcx1992, i prefer frontkn to use the cash to expand their business. For a growing company, dividend is not important as cash should be used for biz expansion instead of award to the shareholder.

LCX1992

290 posts

Posted by LCX1992 > 2015-03-04 10:26 | Report Abuse

Wonder when is the super bull. Hmm people eat people throw, need some catalyts to really boost this stock. Anyway, just a suggestion. I am holding it since last july from higest to 0.2 to lowest 0.12. I have confident is this stock !

sky2

757 posts

Posted by sky2 > 2015-03-04 10:29 | Report Abuse

Chai..I agree with u ..Go for business expansions are far more important...even to WB..himself

Posted by RM1DivStock > 2015-03-04 11:48 | Report Abuse

Announcing dividend will stimulate the share price . Frontkn need this catalyst badly!

Anyway, wait for Frontkn-wa to expire first ..

Posted by moneytree88 > 2015-03-04 12:44 | Report Abuse

how how how..y it drop

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