Posted by Useless > 2020-09-30 09:24 | Report Abuse

1.5 hrs to go can you reach Menara Lien Hoe?

Posted by Useless > 2020-09-30 09:25 | Report Abuse

Throw rotten eggs at least at BOD.

Posted by Useless > 2020-09-30 09:34 | Report Abuse

Netx you got invest?

gghaha For whichever company they invest we all shld invest gao gao.....but not the mother shares....:)
10/09/2020 11:13 AM

Posted by yameyamo > 2020-09-30 09:37 | Report Abuse

Sien

Posted by yameyamo > 2020-09-30 09:38 | Report Abuse

The death of penny stocks

Posted by Buylowandrun > 2020-09-30 09:41 | Report Abuse

Bodoh bod la stupid to the max

Posted by gghaha > 2020-09-30 09:53 | Report Abuse

market is the sea for them to catch all small fish which swim slower or dont want to move from them..........

Posted by khpwwl > 2020-09-30 10:10 | Report Abuse

fintec really wanna to scold dirty words already.....keep selling...

Posted by I_like_dividend > 2020-09-30 10:34 | Report Abuse

I want Focus why nobody dare talk in Menara Lien Hoe?

Posted by I_like_dividend > 2020-09-30 10:35 | Report Abuse

Focus give to me or BOD out.

Posted by I_like_dividend > 2020-09-30 10:37 | Report Abuse

Never hear Ancom give AncomLB as dividend? YTL give YTL Power? BOD why must keep?

Posted by I_like_dividend > 2020-09-30 10:40 | Report Abuse

Tropicana(where) can give share dividend why not Fintec?

Posted by pineapple123 > 2020-09-30 10:43 | Report Abuse

How the agm?

Posted by kelvin17 > 2020-09-30 10:44 | Report Abuse

azta12 , asked to collect n hold , why ? what good prospect ? dont know right issue at what price ?

Posted by cheap1 > 2020-09-30 11:39 | Report Abuse

Cheapest gloves why so many questions? Why no same q in Comfort, TG?

Posted by kelvin17 > Sep 30, 2020 10:44 AM | Report Abuse
azta12 , asked to collect n hold , why ? what good prospect ? dont know right issue at what price ?

Posted by cheap1 > 2020-09-30 11:59 | Report Abuse

Why never attend? No $ to go?

pineapple123 How the agm?
30/09/2020 10:43 AM

Posted by Kedahan > 2020-09-30 12:29 | Report Abuse

I3 members stingy? Answer q you will lose $? No answer is no go. Wait next year if I still hold Fintec. At least where I from is not secret unlike others.

Fintec From hotel how to go? You know or will attend?

scenery there are plenty of empty rooms in the hotel, 1 night no problem la, dont tell me you cant afford..
29/09/2020 10:55 AM
29/09/2020 11:32 AM

Posted by menort > 2020-09-30 13:08 | Report Abuse

Fintec is in syndicate link of penny stock in bursa.

Should ban all the syndicate link. Avoid like plague the counter with syndicate link. The syndicate is design to eat all the newbies retailer money in time of covid.

Posted by paultan > 2020-09-30 14:45 | Report Abuse

Any feedback from the AGM. why co not declaring dividend
Any intention of delisting.

Posted by paultan > 2020-09-30 14:52 | Report Abuse

Is the company in trouble? Share price crashing downwards
Could the strong profit made me a sham
So hard to trust compa9. Why so much sellers all the time.e
?

Posted by cicakman > 2020-09-30 14:54 | Report Abuse

Your money I borrow.
My money is my money.
We earned rom PP and Esos.
You wait till another quater but I m not going
to give any dividen even 1/10 of 1 cts.

Posted by Buylowandrun > 2020-09-30 14:57 | Report Abuse

Stupid bod in the making

Posted by 5354_ > 2020-09-30 15:01 | Report Abuse

Tan Seik Ikk happily to take up your RI why haters never tell?

Posted by cicakman > 2020-09-30 15:02 | Report Abuse

Finetec one of the great FYR perfomer in Bursa.
Ni added value from those days but still got ppl buy bcz of FYR perfomance.
7 cts can buy bit
6 cts can add bit
5 cts buy for midterm.
However don't ever trust this counter.
Have balls just cut loss 50% money can allocate at low.

Posted by 5354_ > 2020-09-30 15:03 | Report Abuse

Attack menort you will lose $?

Posted by 5354_ > 2020-09-30 15:04 | Report Abuse

Next QR even bigger profit you don't know where got scam?

paultan Is the company in trouble? Share price crashing downwards
Could the strong profit made me a sham
So hard to trust compa9. Why so much sellers all the time.e
?
30/09/2020 2:52 PM

Posted by 5354_ > 2020-09-30 15:07 | Report Abuse

PP 9.25 sen(last) who sell lower smart?

Posted by 5354_ > 2020-09-30 15:15 | Report Abuse

Nov'QR RM 300-500 million profit?

Posted by gghaha > 2020-09-30 15:24 | Report Abuse

mostly will below 0.05 soon....the profit is just a paper profit .....:)

Posted by 5354_ > 2020-09-30 15:30 | Report Abuse

Profit complain not loss?

Posted by 5354_ > 2020-09-30 15:31 | Report Abuse

9 sen ctr is not mostly loss QR?

Posted by tkl88 > 2020-09-30 15:45 | Report Abuse

Special Report: Hidden hands behind penny stock surge
The Edge Malaysia/The Edge Malaysia
September 30, 2020 14:00 pm +08

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.
“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.
However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

“This [his not surfacing] could be due to several issues,” another source adds.
It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.
In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.

Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.
Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd.
Since FTEC — which morphed into Tecasia Bhd and later Mangotone Bhd — was delisted, Vun has had little direct presence in the market. However, Vun’s two sisters, Carol Vun On Nei and Grace Vun Siaw Nei, hold stakes of 3.64% and 0.67% respectively in Xidelang Holdings Ltd.

Fragmented shareholding
While Fintec Global seems to be a prominent company at the centre of the maze, its shareholding is fragmented, with several blocks of shares parked under Sanston Financial Group Ltd. In several of the 21 companies on the list, Sanston Financial is present in the shareholding list.
Other companies that surface as shareholders in these list of companies include Global Prime Partners Ltd and Cita Realiti Sdn Bhd, a private company wholly-owned by one Kamarudin Khalil.
Other shareholders, albeit usually holding small stakes, among the 21 companies include Datuk Jacky Pang Chow Huat — who, apart from a 11.84% stake in Sanichi Technology Bhd — has small stakes in DGB Asia Bhd, Focus Dynamics, MNC Wireless Bhd and Xidelang. Pang is also a director in Sanichi Technology.
Meanwhile, businessman Mak Siew Wei has 23.4% in AT Systemization, 17.07% in Green Ocean Corp Bhd and small stakes in Focus Dynamics and Xidelang. He is also a director at AT Systemization, Green Ocean and Saudee Group Bhd.

Datuk Eddie Chai Woon Chet recently acquired a 62.37% stake in restaurant operator Oversea Enterprise Bhd, and has a 6.71% shareholding in Anzo Holdings Bhd, where he is managing director and has a board position in M3Technologies (Asia). Another name frequently seen is Datuk Kua Khai Shyuan, who, besides a 5.9% stake in mTouche Technology, has small shareholdings in Focus Dynamics, PDZ Holdings Bhd and Sanichi Technology, and has board seats on Trive Property Bhd, DGB Asia and MNC Wireless.
Former Umno treasurer and former Bank Simpanan Nasional Bhd chairman Datuk Abdul Azim Mohd Zabidi surfaces as a director in four of the companies — Fintec Global, DGB Asia, Anzo and XOX.
Most of the companies are loss-making and small in terms of market capitalisation, with the exception of Focus Dynamics, which has a market value exceeding RM5 billion. Nevertheless, Focus Dynamics, which is involved in operating food and beverage outlets, seems to be the star performer, with its stock price hitting a multiple-year high of RM2.64 recently on Sept 17, despite mustering a meagre RM3.08 million in net profit from RM20.72 million in revenue for its six months ended June this year.
Year to date, Focus Dynamics stock has gained about 400%.

Irrational exuberance
Trading volume on most of the 21 companies is generally high, and many have .......

Posted by Jessgoh > 2020-09-30 15:52 | Report Abuse

lot bad news coming out recently

Posted by paultan > 2020-09-30 16:23 | Report Abuse

Most of incubator co shares are pushed up
The controlling company I.e
Fintec being pushed down
Irrational indeed

Posted by LiTech > 2020-09-30 16:47 | Report Abuse

Why Edge actually publish this article on 30 Sept whereas https://9shares.my/the-edge%e6%8f%ad%e7%a7%98%e2%94%8021%e5%ae%b6%e4%bb%99%e8%82%a1%e8%82%a1%e4%b8%9c%e8%91%a3%e4%ba%8b%e6%88%90%e5%91%98%e6%88%96%e5%90%8c%e6%89%b9%e4%ba%ba/ state it was Edge article on 19th Sept? This is very weird

Posted by anthonytkh > 2020-09-30 16:50 | Report Abuse

Edited articles will usually be re-mentioned on Edge website

Posted by anthonytkh > 2020-09-30 16:51 | Report Abuse

It’s about getting more page views :)

Posted by Loh Kok Wai W > 2020-09-30 17:03 | Report Abuse

做老千好过做 皇帝。

Posted by cicakman > 2020-09-30 17:28 | Report Abuse

Total profit even MCO expected to at least 750 millions.
Share price expected 5 to 6 cts.No mercy price will be
< 0.05 cts.
Not enough profits just do PP .Still not enough borrow money without a 10 of 1 cts.

Investor's money used to invest to make profit,is good.
Not even a token of appreciations given and no ade value to share price.

BOD oh like donkey...eiiiiikkkk..orkkkkk...eiiiiikk..orkkkk

Posted by menort > 2020-09-30 18:31 | Report Abuse

no bonus, no dividend, no nothing.

A scam counter that link with the syndicate ring of penny stock. Theedge article.

Berkhire Hathaway the price keep up and up while Fintec keep eating investor money and prive cant go above Rm1. What a shame became a super penny stock.

Please watch Wolf of Wall Street movie.

Posted by Sales > 2020-09-30 18:47 | Report Abuse

How can they keep asking RI? In fact they should give bonus.

Posted by sengkee > 2020-09-30 18:53 | Report Abuse

Old report by The Edge. 2 weeks ago

Posted by buah_kurma > 2020-09-30 19:03 | Report Abuse

Nanti goreng balik... Rilax

Posted by Prashan Ram > 2020-09-30 19:04 | Report Abuse

scam counter

Posted by punterking > 2020-09-30 19:53 | Report Abuse

I have said many times it is a scam stock. good profit, high NTA but no dividend even for it's PA. The web created by the scammers with more than 20 listed stocks will collapse if Bursa don't take quick action against the scammers. The Edge article tells all. Stocks crisis waiting to happen.

Posted by Loh Kok Wai W > 2020-09-30 19:58 |

Post removed.Why?

Posted by BearishTrend > 2020-09-30 21:12 | Report Abuse

Ayo Fintech.. Fundamental stock also im selling pressure mode

Posted by paultan > 2020-09-30 21:42 | Report Abuse

It's a crying shame that on the day of its AGM the company's shares were disposed of in hughaquantity as if co is going bust
The AGM SHOULD have shored up share price to confirm company is going well
The reverse happened
What kind of message is that
?
.

Posted by paultan > 2020-09-30 21:48 | Report Abuse

A drop in price of 25% is no small matter

Posted by paultan > 2020-09-30 21:49 | Report Abuse

Sorry A drop by 15 % is no small matter