revenue keeps increasing ..NTA up up up, another huaan in making. profit, result up up up...wohoo tomorrow ho seh liao, but i wanna keep for long term :P
If see those ctrs QR you are right. Fintec QR is based on share price performance of Focus, DGB, etc past 3 months.
fl888 Something is not right in Fintec when all their associates or subsidiaries like Netx,MLABs,Vsolars,At, etc are making losses or barely making a profit... 28/02/2018 21:02
The taiko is the market maker who is controlling the price - there is a reason why its not exploding.
Look at 0150PA volume. 48M traded at 0.07. 90% of it, about 43M, were buy volumes. At 0.075 there are only about 7.4M asks.
Now, lets say you want to sell 20M, or 30M, or 40M, will you want to sell at 0.07 or just park it at 0.075 and let the demand to slowly buy it at 14% higher price?
But what happened were ask at 0.07 keep getting replenished, at 500k at a time (this is not retail, this is a "Whale", so to speak). What is interesting is that, there is a buyer as well buying at 500k at a time. Or continously in smaller amount. Whenever the ask at 0.07 is almost finished, it gets topped up at 500k at a time.
Posted by enjoe > Mar 1, 2018 01:46 AM | Report Abuse
revenue keeps increasing ..NTA up up up, another huaan in making. profit, result up up up...wohoo tomorrow ho seh liao, but i wanna keep for long term :P
Stock [FINTEC]: FINTEC GLOBAL BERHAD Announcement Date 28-Feb-2018 Listing Date 01-Mar-2018 New type/class? No Type Conversion of Preference Shares Details Conversion of Irredeemable Convertible Preference Shares No. of shares issued 294,000 Issue Price Malaysian Ringgit (MYR) 0.160 Par Value - 0.000 Total NOSH 481,749,772
Total number of shares is 482M, Another 900M 0150PA, and somemore the WA and WB warrants.
On earlier question, top shareholders are declared in Annual Report and any substantial change in holdings is reported to bursa malaysia under company announcements (only for the key ones).
On the question of why there aren't any dividend payment - well, most of the substantial shareholders have not converted their -PA to ordinary shares. Just look at the amount of conversions going on... those are insiders doing the conversion. It will be paid sooner or later.
Just like water will find its own level soon enough, Fintec's share price cannot stay down forever if it continues to show improvement in earnings and financials. With such decent EPS for last 3 quarters, I'll continue to buy more of this counter. Keep the faith!
PROFIT MAKING COMPANY ...PRICE CANNOT GOES UP WHEREAS LOSS MAKING COMPANIES THE PRICE KEEPS GOING UP....THIS IS BURSA MALAYSIA! SO RIDICULOUS OR ELSE FAKE PROFITS?????????
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....
djibaok
1,183 posts
Posted by djibaok > 2018-02-28 22:00 | Report Abuse
fintek fantek pantek LOL