Posted by didi2005 > 2019-11-28 16:05 | Report Abuse

Security Code: 0150PA
Security Name: FINTEC GLOBAL BERHAD - ICPS A 2017/2027
Type: Preference Shares
Board: ACE
Listing Date: 11 Dec 2017
Number of Shares: 642,156,878
Exercise Level: MYR 0.1600
Conversion Ratio: 2:1
Underlying Stock: FINTEC

Posted by TTT AAA > 2019-11-28 16:13 | Report Abuse

Thanks didi2005

Posted by Daily8 > 2019-11-28 23:34 | Report Abuse

bfg9000 investing in this company is like a proxy of taking position in a few small caps. don't buy the technology incubator shite - i see them taking position in companies like Seacara is not incubator / startup play. will the price go up? yes. when the market generally recovers. but KLCI is the sick man of asia at the moment, lagging almost every major market in asia
28/11/2019 12:27 PM

Like has been mentioned, Fintec own shares of ace companies ( mlab, netx, seacera, komark, focus, AT, DGB) whereby some of the ace companies are making loss but they carry huge cash in their cash eq.


They position themselves well because they buy shares of the companies at an extremely low prices.

Posted by Daily8 > 2019-11-28 23:35 | Report Abuse

It looks like chart MACD have opened mouth position. Most have sold fintec for PA and convert over PA for mother share. Wait for the coming in position on 3rd DEC onwards!

Posted by Daily8 > 2019-11-28 23:48 | Report Abuse

Daily9 IS NOT MY ID.

Posted by Jeffreyteck > 2019-11-29 08:17 | Report Abuse

1) Mlab, cash rich without loans, consecutive Q losses.
2) Netx, 35m cash, loans 2m+, consecutive losses.
3) Seacera, 0 million cash, 24m loans, consecutive losses.
.......TP 5 ST, LT 50% of NTA.

Posted by stncws > 2019-11-29 11:09 | Report Abuse

7.5M @DBT. 28/11...0.065.....

Posted by Chokhmah > 2019-11-29 12:12 | Report Abuse

cannot seem to understand this counter...

Posted by TTT AAA > 2019-11-29 12:13 | Report Abuse

Really dont understand.... 迷茫

Posted by investopology > 2019-11-29 14:04 | Report Abuse

queue buy at 5/5.5c would be super safe entry.

Posted by investopology > 2019-11-29 14:46 | Report Abuse

who buying fintec-pa? haha

Posted by twl5137 > 2019-11-29 16:27 | Report Abuse

Pa so steady

Posted by Daily8 > 2019-11-29 16:57 | Report Abuse

FINTEC The Group recorded a revenue of RM0.34 million for the quarter ended 30 September 2019, representing a decrease of RM8.55 million or 96.2% lower as compared to RM8.89 million in the previous year's corresponding quarter.The increase in profit was principally due to mark-to-market gain in the Group's long term marketable securities.The Group made a profit before tax of RM96.16 million for the period ending 30 September 2019 as opposed to loss before tax of RM19.31 million
29/11/2019 9:46 AM

FORGET ABOUT THE THEORY OF INCUBATOR THEY ARE SELLING. THEY ARE TRADERS!

Posted by Daily8 > 2019-11-29 16:58 | Report Abuse

Jeffreyteck 1) Mlab, cash rich without loans, consecutive Q losses.
2) Netx, 35m cash, loans 2m+, consecutive losses.
3) Seacera, 0 million cash, 24m loans, consecutive losses.
.......TP 5 ST, LT 50% of NTA.
29/11/2019 8:17 AM

YOU ARE COREECT. BUT ONLY 50%.

Posted by Daily8 > 2019-11-29 17:08 | Report Abuse

Fintec is a case of a black cat or white cat. I don't care you are black or white as long you can make money, you're good cat!

Posted by T800Terminator > 2019-11-29 21:59 | Report Abuse

Dead cat!

Posted by grtbcco > 2019-11-30 06:25 | Report Abuse

go back to 0.055 what a shame

Posted by grtbcco > 2019-11-30 06:35 | Report Abuse

2 quarterly consecutive make profit but totally no reflect on the share price , only will put up and trap investor , and no dividend this is the kind of management to treat loyalty investor ? how to let syndicate to promote for you and attract more investor ? really stingy management . Never take care their loyalty investor at all .

Posted by michaeso > 2019-11-30 07:32 | Report Abuse

what's the next

Posted by michaeso > 2019-11-30 07:33 | Report Abuse

Good news

Posted by DingDingShoot > 2019-11-30 10:27 | Report Abuse

Fintec global is Successfully Taking Over the Whole SEACERA GROUP through YESTERDAY AGM...that's GREAT NEWS!!


Seacera Group LAND Assets (Audited) WORTH more than RM800million!!

(9 existing directors kick out) and


6 FINTEC GLOBAL Newly Elected DIRECTORS Appointed and Taking Over SEACERA!

Posted by DatukTing > 2019-11-30 10:30 | Report Abuse

Yupp, they are successfully Appointed all their Directors and TOOK OVER SEACERA GROUP!


I already imformed you all EARLY, BUY IN all u can and its all about time to SHOOT UP shorterm target price RM30SEN!

Posted by calvintaneng > 2019-11-30 10:32 |

Post removed.Why?

Posted by Fizoe444 > 2019-11-30 11:06 | Report Abuse

Fintec Global MIDTERM EASILY go ABOVE 65sen, KEEP IT and Add In,

u will THANKS Yourself SOON!!

Posted by grtbcco > 2019-11-30 12:09 | Report Abuse

Hopefully

Posted by Palmboy92 > 2019-11-30 13:22 | Report Abuse

Wow ! rm1 is not a dream!

Posted by stncws > 2019-11-30 14:55 | Report Abuse

MONDAY IS GAP UP FOR FINTEC

Posted by Daily8 > 2019-11-30 14:59 | Report Abuse

I shouldn’t mentioned so much about FINTEC. Now I’m open up myself to competition.....damn

Posted by stncws > 2019-11-30 15:08 | Report Abuse

800m....

Posted by Daily8 > 2019-11-30 15:11 | Report Abuse

Seacera acquisition is becoming a huge concern for me. I hope fintec can explain more in details.

Posted by kkl123 > 2019-11-30 15:50 | Report Abuse

forsee next and next next qr also make profit
pe 0.1?11

Posted by kkl123 > 2019-11-30 15:58 | Report Abuse

now pe is 0.47
people still say is high risk to buy, is gamble.
but they go to buy public bank pe more than 15,
is safe???

Posted by kkl123 > 2019-11-30 16:01 | Report Abuse

buy pa or wa
better profit than mother.

Posted by Fizoe444 > 2019-11-30 17:13 | Report Abuse

Seacera getting out frm pn17 is underway, even by its ASSET LAND NETT WORTH More Than RM800million (AUDITED). Share price in long term ABOVE RM1 is peanut,will go Above NTA!

The whole Seacera Group Management now CONTROL n Owned by FINTEC GLOBAL Group of Directors. Just Buy in n Keep Add MORE everage UP, FUNDS accumulating

Posted by VolatileIsMyGold > 2019-11-30 18:08 | Report Abuse

It's really amazing, how a tiny ace board company can manoeuvre themselves so deftly, to engineer a boardroom takeover of a mainboard company with land assets of nearly 800 mil.

Posted by chankuanloong > 2019-11-30 18:59 | Report Abuse

https://www.theedgemarkets.com/article/seacera-partner-ocr-rm10-bil-semenyih-development

this JV projects still continue?

Posted by chankuanloong > 2019-11-30 18:59 | Report Abuse

https://www.theedgemarkets.com/article/seacera-partner-ocr-rm10-bil-semenyih-development

Posted by Daily8 > 2019-11-30 21:08 | Report Abuse

I guess not many people know about Fintec as I do. Thru the past few years, Fintec will not risk acquiring the company at a higher price. It's always a bargain price.

BUT SEACERA.....ASIA BIO ACQUIRED AT 32.5 CTS of the 38.8 million Seacera shares for RM18.59 million.

Posted by Daily8 > 2019-11-30 21:09 | Report Abuse

I hope to have Fintec explaning why acquiring seacera...if no mistake, have to do with Tiger ....

Posted by Daily8 > 2019-11-30 21:29 | Report Abuse

As on Friday, Seacera dropped till 28.5 cents. Hope won't cause so much defect to overall Fintec positive qr performance on next quarter.

Posted by VolatileIsMyGold > 2019-12-01 11:27 | Report Abuse

Maybe we can say that Seacera is kind of 'a value acquisition' for Fintec

Posted by i3lurker > 2019-12-01 11:33 | Report Abuse

basic lesson
when you just bought a piece of land historical cost RM1,000.00 for RM10.00

RM10.00 is the new market value,
there is zero value aquisition.
in fact your money is now stuck RM10.00
no money to do business
company fails due to cash flow problem

Posted by Palmboy92 > 2019-12-01 17:01 | Report Abuse

Basic knowledge
If u bought a land historical cost rm1,000.00 for rm10.00 in seacera case,i dont mind if u sell me for rm15.00 to let u earn 50%,case by case idiot

Posted by i3lurker > 2019-12-01 17:12 | Report Abuse

in Detroit, USA
you can still get a landed 2 storey house around 2,000 sq feet
Value cost USD500,000.00

the selling price today is USD2,000.00 or less for the whole house plus front graden and 2 carparks

you can also get about 10,000 units of such bargain priced houses

I suggest palmboy92 to fly to Detroit ASAP to get all these bargains

why ask me to sell to you when you can get such bargains at Detroit...

if you bargain hard maybe can get it for USD1,800.00 only (considered freehold)

Posted by i3lurker > 2019-12-01 17:19 | Report Abuse

or maybe palmboy92 cannot afford to fork out the converted RM10,000.00 cash required to pay for a 2 storey house with garden 2 carparks for value of around RM2,500,000.00

since there are actually much much more than 10,000 units available for sale in Detroit, you just go there buy!!!

that begs the question why Donald Trump did not buy it all up.
Answer: - Donald Trump not stupid.......

Posted by Daily8 > 2019-12-01 17:25 | Report Abuse

i3lurker, did i read it wrongly? house only USD 2k?

Posted by Daily8 > 2019-12-01 17:26 | Report Abuse

Fintec must have done it on behalf of somebody

Posted by i3lurker > 2019-12-01 17:28 | Report Abuse

thats the market value now
Americans are just smarter than Malaysian Chinese.
USD2,000.00 is not a bargain to them
to them its Market priced, fully valued

Americans think ==> you buy it for USD2,000.00 your money is stuck there forever cannot move....

on paper it looks nice 2 storey bungalow house, garden, 2 car parks

but market value only USD2,000.00

Americans not stupid

Posted by i3lurker > 2019-12-01 17:33 | Report Abuse

oh yeah
Donald Trump knows about it
but he will not buy even if it is offered to him at special price of USD1,000.00 per 2 storey bungalow, garden with 2 car parks.

I doubt he will even take it if offered free to him....

Donald Trump not stupid

Americans looks at value for money not just greed on paper.

Posted by i3lurker > 2019-12-01 17:40 | Report Abuse

I amended the following to reflect real life situations
coz palmboy92 pointed out that the bargain is even more than before

amended as follows:-
basic lesson
when you just bought a piece of land historical cost RM2,500.00 for RM10.00

RM10.00 is the new market value,
there is zero value aquisition.
in fact your money is now stuck RM10.00
no money to do business
company fails due to cash flow problem