This company can grow! Issue is the Director use theme to manipulate the company.
incubator company do gloves at this time when other taiko gloves company already operated for more than 20 years? How fintec gloves to compete? enoughlah this silly theme. blind also know you use theme-play to excite and attract people to buy your stocks!
Why not use vaccine? Use 5G, Use semicon? Stupid fintec!
We refer to the earlier announcement in relation to the Proposals dated 8 September 2020.
On behalf of the Company, Mercury Securities wishes to clarify that the Group targets to fully utilise the production capacity of the 12 glove-dipping lines of 2.0 billion pieces of medical grade nitrile gloves per annum. Notwithstanding that, the actual production output cannot be estimated at this juncture as it will depend on, amongst others, the demand for the medical gloves at the relevant time.
IF YOU SEE PROFIT, AND U DON'T TAKE PROFIT, IS THAT CONSIDERED PROFIT? _____________________________________________________________________
So, the wise thing to do is? Sell and take profit la...It's a no brainer right?
Even Berkshire Hathaway also sell when something is overprice. Now, Fintec doesn't.
There are only few possibilities if they are not selling 1) They genuinely believe Focus can go to RM5. 2) Use Fintec money to buy from individual share holder from Focus at high and make use guys idiot.
RJ87 pineapple...if u buy 1mil share at 6 sen, u sell at 18 sen...now back back 12 sen.
ur one mil share becomes FOC liao. Do u realize that? 10/09/2020 2:19 PM
YES, I WAS AWARE OF THAT. I HAVE PLENTY OF OPPORTUNITY TO SELL AT 13.5, 17.5, 18.5 BUT I DIDN'T BECOZ I HAVE HAD FAITH WITH FINTEC. IF I SOLD AT 13.5, I LOSE OUT THE CHANCE TO SELL AT 17.5, AND IF I SELL AT 17.7, I LOSE OUT THE CHANCE TO SELL AT 19C.
2BIL NITRILE GLOVES PERANNUM. By the time your factory started operation, Covid19 already gone by the wind. Maybe by the time your factory is ready, you nitrile gloves is for covid 25, 26!!!
Careplus will be way ahead of you as their plant will set up for double to triple production of gloves. How much is your fintec gloves shares in nitrile gloves ???
Previously, you are known as Asia Bio, and you changed your company to Fintec (known as Financial technology). Even your company name is related to THEME. WHY IS THAT SO???
U CLEARED YOUR PREVIOUS NAME TO NEW NAME AND SETTING A CLEAN RECORD FOR A FULLY FUNADAMENTAL AND TURNAROUND COMPANY. WHY MESS IP UP THIS TIME???
Your Director fee of both u Mr Tan and Leung is RM1 mil peryear? Still not enough for you???
Pineapple 123, you must have hold a lot of fintec shares to be this emotional about it. Maybe if enough ppl here go can have cjhance to vote against the RI.
Goreng Komarkcorp and Focus up so high...Everyone needs an exit strategy. Imagine if they own komarkcorp and focus themselves, what better strategy there is than using money raised from Fintec RI to buy high from them so that they can exit.
itu tipu punya glove not original one sure in future tutup kedai.glove that cannot tutup is supermax,topglove,harta,kossan,comfort,careplus.others small glove companies or small one can tutup kedai if too many glove companies on the market
today closed at 11.5 cent , market value is 159M if really have profit at 155M , someone big tycon if have 80M ( half of 159M ) take over this company , they can take over the control !!! is a sure gain business
I not 100% own Fintec like some1 here. Waste my effort find Fintec contact no. Nobody contact Fintec to find why Fintec still not selling Focus or you no more Fintec but talk cock here?
Interesting. No cheating on profit as it is just paper gain from revaluation. However, no cash is the truth, so right issues to fuel gloves and management expenses. ST negative.
Brothers, no point we all get upset over here. I know how everybody feeling. I can ignore you guys and pretend nothing. I am not hero. I just be realistic.
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....
pineapple123
2,472 posts
Posted by pineapple123 > 2020-09-10 12:00 | Report Abuse
Price are manipulated to the point u sell at high and buy when low!
a 155mil profit, investor will not sell! but for technical reason, traders will!