FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.17 - 0.18

Trading Volume

179,600


16 people like this.

27,917 comment(s). Last comment by limch 2 days ago

Posted by Lost In Bursa > 2017-06-02 16:53 | Report Abuse

Monday our shares volumes will left with 1/3 only. Trade smart it will go up further. Only handful of shares float in the market

Posted by Richmama 陈浩南 > 2017-06-02 17:44 | Report Abuse

Lost in bursa .today ready 1/3I I sell more much buy back

Posted by Lost In Bursa > 2017-06-02 22:25 | Report Abuse

Oversold need to buy back! You can only sell 1/3 of your shares.

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2017-06-03 11:50 | Report Abuse

Don't worry, more to go, buy call still on

victoryck

18 posts

Posted by victoryck > 2017-06-05 09:50 | Report Abuse

may i know why 0.065 to .20 already ? what happened?

Posted by Desmond Nah > 2017-06-05 09:54 | Report Abuse

how come my units still not yet divide by 3? by today 5pm or?

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-06-05 15:14 | Report Abuse

Buy 300lot @0.21
Want to sell 3000lot @0.22
HLE Wrote: cannot sell asiabio ??????
Anyone pls explain

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-06-05 15:15 | Report Abuse

Sorry want to sell 300 lot not 3000 lot

bobmarley

82 posts

Posted by bobmarley > 2017-06-05 16:31 | Report Abuse

Kun check your portfolio if no of shares is 300 lot or 100 lot.

dealdone

196 posts

Posted by dealdone > 2017-06-05 16:44 | Report Abuse

go go go

Posted by Moneyymaker > 2017-06-05 17:29 | Report Abuse

nice closing.more to come tmr...

Posted by warrenlover > 2017-06-05 17:49 | Report Abuse

Super nice for today as T4. I believe more to come as buying forces quite potential. TP for 0.3

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-06-05 20:11 | Report Abuse

Bobmarley TQ for answer.
I saw 300lot in portfolio but not allowed to sell.
Will try tomorrow

fl888

7,720 posts

Posted by fl888 > 2017-06-05 20:37 | Report Abuse

Fly to 30cts 2morrow,,,,

learnNgain

136 posts

Posted by learnNgain > 2017-06-05 20:59 | Report Abuse

@kun1971kun maybe you have placed order for the 300lot during the day, try to cancel the order first

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-06-05 22:12 | Report Abuse

I'm sure I place order and it match and deduct my money
I saw it in my live portpolio then place to sell
But not allow
Till now Don know why????
Thanks all for help
Will try tomorrow...I'm using hle

nklye

844 posts

Posted by nklye > 2017-06-06 00:28 | Report Abuse

Can only sell 1/3 of the holding from 1/6/17 to 5/6/17 since the company is consolidating the shares from 3 to 1 with x-date on 1/6/17.
By 6/6/17 the holding in the account will be adjusted to its real number.

Carl Tan

40 posts

Posted by Carl Tan > 2017-06-06 09:14 | Report Abuse

why my average price become 0.215...? i bought at 0.065 last

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-06-06 09:40 | Report Abuse

Yes I allowed to sell this morning 6/6/2017

Carl Tan

40 posts

Posted by Carl Tan > 2017-06-06 09:43 | Report Abuse

can someone explain please?? thanks

Posted by Lost In Bursa > 2017-06-06 09:46 | Report Abuse

The total shares issued has now reduced from 1b to 385 mil. Deduct those major share holders it probably left with 100~150 mil shares floating in the market for trade. It should be quite easy to goreng up trend if the investors really willing to do so. Some more they are considering to get into the halal business in which it was a good potential to increase these revenue.

Posted by Lost In Bursa > 2017-06-06 09:48 | Report Abuse

Although they reduced our shares holding by 2/3, hopefully it will go up soon to recover our loss

nklye

844 posts

Posted by nklye > 2017-06-06 11:29 | Report Abuse

Carl Tan, u hv actually made 21.5 - 19.5 = 02.0.
If u hv bought 100,000 shares, u shd hv made RM2K.
The 0.215 price is the adjusted price after the condolidation.
When u bought at 0.065, the price after consolidation is 0.195.

nklye

844 posts

Posted by nklye > 2017-06-06 11:37 | Report Abuse

Lost in Bursa, the adjusted price after the x-date was 0.195 based on the closing price of 0.065 on the last day before x-date;(0.65 x 3). If u bought at 0.65 on the last day and the present price us 0.215, u hv actually made 0.02, where got loss, except if u bought at the price higher than 0.065.
Although your holding hv been reduced to 1/3 but the price was adjusted by multiplying 3 times.

Carl Tan

40 posts

Posted by Carl Tan > 2017-06-06 11:45 | Report Abuse

nklye, thanks for your explain.. Appreciate your sharing.
One more is i got 16666 shares. the 6666 how to sell? haha

nklye

844 posts

Posted by nklye > 2017-06-06 14:14 | Report Abuse

Sell 6600 under normal lots. The 66 shares sell under odd lots. Ask your remiser, he/she shd able to assist you or to guide you how to trade online.

Carl Tan

40 posts

Posted by Carl Tan > 2017-06-06 14:49 | Report Abuse

nkyle: Ok thanks bro..

ShinRenNeo

203 posts

Posted by ShinRenNeo > 2017-06-06 15:18 | Report Abuse

Forget about the share consolidation..the company is now engaged in halal food export with 3 chinese companies.

This initiative is fully supported by the government under the ONE BELT ONE ROAD initiative!!

We should see a high profile BUMIPUTRA investor buying into the company soon...:)

Good Luck guys!!

ShinRenNeo

203 posts

Posted by ShinRenNeo > 2017-06-06 15:20 | Report Abuse

When this high profile bumiputra investors joins the company, it could potentially enjoy full backing from the malaysian and chinese governments...hope this will all materialize soon!!

ShinRenNeo

203 posts

Posted by ShinRenNeo > 2017-06-06 15:20 | Report Abuse

Hehehe..:)

Posted by terencefung90 > 2017-06-06 15:40 | Report Abuse

sellers are coming, today most probably will close flat, taking a rest

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-06-06 18:36 | Report Abuse

First time buy in yesterday
Sold it today but buyback because saw the volume
Hope will not trapped this time

Posted by Lost In Bursa > 2017-06-06 18:37 | Report Abuse

nklye, thanks. i actually have my shares at higher price and stuck. otherwise i could have sell it long time ago.

Posted by Lost In Bursa > 2017-06-06 18:39 | Report Abuse

I got stuck in there more than 2 years ago. What to do. Wait for another 3~5 years perhaps. Hahaha.

newklear

92 posts

Posted by newklear > 2017-06-06 20:17 | Report Abuse

Asiabio has just ventured into a MOU with Hong Kong and China companies to venture into the development of halal foodstuff and products, i.e. A partnership to produce and export halal-certified food products to the global marketplace.

This is part of the OBOR China Initiative with the support of the Malaysian and Chinese governments..

Hence, is it imminent to see the emergence of a prominent bumiputra fund or GLC as shareholder/partner soon?? Stay tuned... :)

To recap: PRG - FELCRA tie up (http://www.thesundaily.my/news/2017/04/17/prg-explore-china’s-halal-market-felcra-products).

The Halal Market:
How much is the Halal market worth? A whopping USD 3.7 trillion market...!!
http://nations-emergentes.org/wp-content/uploads/2016/02/Les-produits-halal-une-tendance-nouvelle.pdf

Quote :
“This MoU initiates the group’s role in China’s One Belt, One Road (Obor), with ABC taking the incubation initiative to spearhead a long-term strategic cooperation between Malaysia and China on the globalised development of halal foodstuff and products.

“China’s Obor initiative aims to see 65 countries spanning Africa, Asia and Europe being linked by land and by sea for trade and investment.

“The Obor initiative aims to serve as the main conduit to boost the global economy,” said ABC. In conjunction with the above initiative, this MoU signifies our intention to respond to this call by building the physical support and infrastructure for a halal food and product hub first, in China.

“ABC will act as the international halal-certified food product channelling centre and regulator liason body for food product development and quality throughout China.”

Read more at http://www.thestar.com.my/business/business-news/2017/06/06/asiabio-unit-in-tieup-with-hong-kong-and-china-companies/#vAoexmqS6Eq3otTX.99

Good Luck forumers!! Cheers..!!

bobmarley

82 posts

Posted by bobmarley > 2017-06-06 23:06 | Report Abuse

This all are on papers investors are looking at results,solid revenue,profits until then its only gambling stock.hit and run.2 years back they did the same thing mou 's after price reach 26cents they dump ,making money and cancelled mou.alot of ikan bilis trapped until now.for now i still be cautious with counter. If price up take profit cabut.

Posted by Lost In Bursa > 2017-06-07 09:40 | Report Abuse

Waiting it drop to 0.050 if lucky

newklear

92 posts

Posted by newklear > 2017-06-07 14:23 | Report Abuse

Volume is picking up very very soon...

Let's not forget that Asiabio currently holds 195M shares in Focus, acquired under an average price of < 7-8 cts. Current matket value dtands at MYR.41.1M...subtracting the cost of acquisiton, profit stands at MYR 30M.

If Focus continue on the upside to 40 cts, the stake will eventually worth MYR 60M... that's a huge investment return !! 8)

Stay tuned on the announcements...on whicn fund is jooning the Halal party :)

Cheers !!

Posted by hazsanariffin > 2017-06-07 17:05 | Report Abuse

Callme sour grapes

Posted by Foresight123 > 2017-06-07 19:38 | Report Abuse

Waiting to collect at cheaper price hahah below 20c

PArch2

2 posts

Posted by PArch2 > 2017-06-07 22:01 | Report Abuse

I really lost and dunno what happen.
I was holding 70,000 shares at avg price of 0.104
I sold 20,000 at the price of 0.215 on 5/Jun
After that my portfolio shows holding 50,000 shares
then on 6/Jun my portfolio shows holding only 3,333 shares
No matter what I try to calculate I just cannot get the way.
Can anyone please help explain.

nklye

844 posts

Posted by nklye > 2017-06-07 22:16 | Report Abuse

PArch2, u sold 20,000 shares after the x-date meant u hv sold 60,000 shares of your holding b4 x-date.
Your remaining holding of 10,000 shares is consolidated to 1/3 which neans 3,333 shares.
Your average price of 0.104 prior to x-date = 3 x 0.104 = 0.312 after x-date of your 1/3 x 70,000 shares, which means you hv lost 0.312 - 0.215 = 0.097 for each share sold.

UMA

692 posts

Posted by UMA > 2017-06-07 23:32 | Report Abuse

This company good....
But boss no good....very bad

Posted by terencefung90 > 2017-06-08 10:35 | Report Abuse

although the seller volume is higher, today buyers volume is better than yesterday. Expecting price flat around 0.2 to 0.21 for this week. MoU is a good news. Bull is giving a good fight. keep in watchlist.

nklye

844 posts

Posted by nklye > 2017-06-08 13:04 | Report Abuse

Back to consecvative behaviour, stayed arpund 0.05 - 0.06 before consolidation.

nklye

844 posts

Posted by nklye > 2017-06-08 13:04 | Report Abuse

*arond

stncws

10,704 posts

Posted by stncws > 2017-06-08 15:33 | Report Abuse

LIKE SKH, after conso... goreng back to 6c....

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