FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.175

Today's Change

0.00 (0.00%)

Day's Change

0.175 - 0.18

Trading Volume

18,100


16 people like this.

27,915 comment(s). Last comment by M55555 1 week ago

jlex11

536 posts

Posted by jlex11 > 2020-12-30 21:41 | Report Abuse

What a wrong assumption that you have made...think and understand why they do this b4 you made your statement...

Cheers...

(e) Number of options offered to Directors of NETX: Nil

hahaha...boss and company colleagues also don't want buy

Posted by Jeffrey Ko > 2020-12-30 22:04 | Report Abuse

Hmmmm.... SIS offered could it be due to RI not fulfilling the full value, so, they want the leftover RI offered to staffs?

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-31 07:51 | Report Abuse

but but RI oversubscribed as announced wor.

andr

462 posts

Posted by andr > 2020-12-31 11:13 | Report Abuse

BBB

Posted by harvest123 > 2020-12-31 11:30 | Report Abuse

Volume drying up. All the people who bought the OR have taken profits. Soon it will hi to 0.30. In June, when factory is up, it will be 0.50.

Posted by harvest123 > 2020-12-31 11:34 | Report Abuse

AT valuation + all the marketable securities = 0.50

Invest123

1,627 posts

Posted by Invest123 > 2020-12-31 11:39 | Report Abuse

People took profit bec they saw no good prospect.

Yiingb

18 posts

Posted by Yiingb > 2020-12-31 14:23 | Report Abuse

Fintec flying up soooooooon in today next year ahead

Posted by miskon56 > 2020-12-31 15:00 | Report Abuse

Buy Fintec during this coming low price.I guess it will touch 30 sen when market bubble this year.

Reap88

681 posts

Posted by Reap88 > 2020-12-31 15:18 | Report Abuse

HamsterHuat You said Fintec must die die support RI price of RM0.08. Back in 2017 RI was also RM0.08 Fell beliow RM0.08. In fact in March this year Fintec fell to RM0.02 and only move up again because of the recent RI
May again beak the RI price of RM0.08 as what happen back in 2017.

Invest123

1,627 posts

Posted by Invest123 > 2020-12-31 15:31 | Report Abuse

5 sen

Invest123

1,627 posts

Posted by Invest123 > 2020-12-31 15:33 | Report Abuse

WC 1 sen

Posted by miskon56 > 2020-12-31 16:35 | Report Abuse

Agree with harvest123 on price hitting 30 sen next year. If 'lucky' it may touch 60-70 sen when market bubble.

Musang King

1,047 posts

Posted by Musang King > 2020-12-31 16:44 | Report Abuse

Attention everybody. FINTEC reported 3Q 2020 Net Profit amtg RM720 Million and 2Q 2020 amtg RM151 Million. Such a huge profits achieved, nobody believes? Fintec NTA now is 91.76 sen a share. Why can buy at 8 sen now? Wondering why? So cheap still got people sell.

Posted by Jeffrey Ko > 2020-12-31 17:25 | Report Abuse

HamsterHuat.... ha ha ha, like Malaysian property before sell in market, agent said all sold already.... but can still buy undertable, backdoor, through management, etc excuses..... anyway, we are all invested in the company, so, hope the recent 0.085 movement is engine warming up. Finger cross.

Reap88

681 posts

Posted by Reap88 > 2020-12-31 17:58 | Report Abuse

Mustang King, Fintec RM720 M is paper profit not realised. In the past I too was lured by Fintec fantastic results, good fundamentals, NTA etc Held for many years. Saw it came all the way down to RM0.025 in March before rebound. Good lesson learnt. Trade carefully. Good luck everyone in 2021.

Posted by siewloong123 > 2020-12-31 18:01 | Report Abuse

I am having experience dinner tonight. Thank you to AT and Fintec. So many rounds of profits. I wish 2020 will not end. I am a beginner. 4 sen when I first started at AT. That was all I could afford to lose. Now my capital has shot up. Good luck everyone and happy 2021.

Posted by siewloong123 > 2020-12-31 18:02 | Report Abuse

expensive dinner

bgt9963

572 posts

Posted by bgt9963 > 2020-12-31 18:03 | Report Abuse

Fintec profit rm 720 million...seen like account,they learn from London biscuits...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-12-31 19:05 | Report Abuse

Thanks @Reap88 for details history on Fintec.
wow...March 2020 drop to 0.025....That is crazy..

Like AT, Fintec RI this time round is for Building Glove Manufacturing Facility beside AT location...

Hope this time will shoot above 0.100 lah come 2021.

@Jeffrey Ko....Yes keeping finger cross and i will cross my toes as well.

Posted by Investsucess Trader > 2020-12-31 21:14 | Report Abuse

Happy New Year.... good luck ...

jlex11

536 posts

Posted by jlex11 > 2020-12-31 21:58 | Report Abuse

Guys , be patient on your investment in Fintec and you can expect good return in 2021..

Cheers & Happy New Year...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 10:41 | Report Abuse

just like AT,

Fintec will announce....Glove Factory progress
then 0.08 uppped to 0.09

Later will have Fintian Club.....show Photo progress..video......upped to 0.10

Show video test running....upped to 0.11

When fully automated plant....upped to 0.12

Then Share consolidation...10:1
rm1.20
Give free warrant...

Finally traded at rm3....can fight Careplus....
hahaha

And that is call positif dreaming..

kenie

1,641 posts

Posted by kenie > 2021-01-01 11:06 | Report Abuse

Musang King .FINTEC reported 3Q 2020 Net Profit RM720 Million all unrealized gain from focusd. focusd 1 years revenue 40mil profit 7mil cannot give any dividend .. if you sifu musangking will sell finish worthless focusd take 720 Million can use these money buy :
retail ~ 75mil can buy AEON 5% stake
consumer ~ 90mil can buy PADINI 5% stake
transport ~ 140mil can buy AIRASIA 5% stake
finance ~140mil can buy AFFIN 5% stake
oil gas ~ 45mil can buy Hibiscus 5% stake
ePayment ~ 50mil can buy REVENUE 5% stake
property ~75mil can buy UEMS 5% stake
logistic ~ 45mil can buy POS 5% stake
construction ~ 40mil can buy WCT 5% stake
Industrial Automation ~ 13mil can buy ISTONE 5% stake
EMS ~ 25mil can buy KESM 5% stake

kenie

1,641 posts

Posted by kenie > 2021-01-01 11:06 | Report Abuse

FINTEC every time raised funding from you all ..take your money squander money only help their friends buy more problem trouble company no earning no dividend company like Netx mlab vsolar dgb trive xox kstar lambo kgroup permaju seacera

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 11:26 | Report Abuse

@kenie
agreed with your acessement.

Fintec is the King
Fintec Big Head now...successfully did with Focus venture..

still trying to perform Magic for those penny company

Someone did point out, this time RI funding is solely for Glove Factory Setup...
So...must setup Factory lah...if not SC will penalise Fintec lo.

You think doing RI without any condition kah!
RI must follow as per their intention..
Any divertion will bring Hammer down on Fintec.

DGB also RI for Ping-U software and AI Vending machine BUT the OR limitdown as no Buyer...
it show that DGB RI for wrong reason....not to public interest
UNLIKE Fintec RI for Glove Factory.....oversubscribe as well.

kenie

1,641 posts

Posted by kenie > 2021-01-01 11:57 | Report Abuse

HamsterHuat Fintec五鬼运财大法

charlie chia

2,151 posts

Posted by charlie chia > 2021-01-01 12:00 | Report Abuse

Hope Fintec will follow AT foot step to show case their glove factory set up progressively in order to convince investors to buy up their shares

jlex11

536 posts

Posted by jlex11 > 2021-01-01 13:08 | Report Abuse

Guys, Fintec is one of the substantial shareholders of AT. In addition , the new Glove factory is beside AT and the contract to build and set up the factory is given to AT . There a mention of a collaroration of expertise with AT for their new Glove Factory ... why does fintec need to set up a new Glove factory when they are a substantial shareholders of AT and can easily participate on the PP in AT to increase their stake and be a major controlling shareholders .. think ????

Your guess and as good as my guess on their future plan on their Glove factory, which happen to be beside AT factory..... there is a game plan ffor the coming months...stay tight...

jlex11

536 posts

Posted by jlex11 > 2021-01-01 14:10 | Report Abuse

kenie, your numerous posts refers. Dont you think it is a blessing in disguise that they did not venture and dump $ into those JV or venture?

Why contiune to dig out the past , when we should look forward and review their current business performance , plan and financial position if we are to continue as a shareholders of the company....

For what I care about those failed or JV or venture that failed to materialise.. I invest on their future performance and not based on their past deeds or performance....

Dont just copy and paste, post something more resourceful and useful for investor to make meaningful decision...

Cheers,,

jlex11

536 posts

Posted by jlex11 > 2021-01-01 14:32 | Report Abuse

Kenie , please verify your facts on how fintec bought into focus and what is their cost rather that posting a sweeping statement of the same... post your findings and justify why it is a bad investment & we shall debate on it...just copy and paste and made sweeping statement, investors will just ignore your lenghty post, forthcoming ,,,

Cheers...

kenie

1,641 posts

Posted by kenie > 2021-01-01 15:18 | Report Abuse

04 Sep 2020
FINTEC UNDERTAKES RIGHTS ISSUE EXERCISE TO VENTURE INTO MEDICAL GLOVE MAKING BUSINESS

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,971,299,066 NEW ORDINARY SHARES IN FINTEC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 1,577,039,252 FREE DETACHABLE WARRANTS IN FINTEC (''WARRANTS C'') ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 4 FREE WARRANTS C FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 25 NOVEMBER 2020


charlie chia...股东董事都认购一半附加股 MAK SIEW WEI 有 Subscription of AT Rights Shares 23% 346,800,000 和 ASIABIO CAPITAL有 Subscription of AT rights shares and excess rights shares 28% -421,600,000...
哈哈 fintec 的 Rights Shares 老板股东懂事都没有认购 rights shares 只有你们小小小股民在认购100% 的 rights shares...

kenie

1,641 posts

Posted by kenie > 2021-01-01 15:20 | Report Abuse

13 Oct 2014 FOCUS ASIA BIOENERGY TECHNOLOGIES BERHAD (18,000,000 Acquired) 5.10% own already...

11 August 2017.
renounceable rights issue of up to 1,163,208,800 new irredeemable convertible preference shares in ABT (“ICPS”) together with up to 116,320,880 free detachable warrants in ABT (“Warrants B”) on the basis of 10 ICPS together with 1 free Warrant B for every 5 existing ordinary shares in ABT .
UTILISATION OF PROCEEDS
(i) Investment in quoted securities – Focus ICPS (as defined herein)
(ii) Investment in quoted securities - Vsolar Rights Shares (as defined herein)
(iii) Working capital
(iv) Investment in companies listed or to be listed on Leading Entrepreneur Accelerator Platform Market of Bursa Securities (“LEAP Market”) and/or incubatees to be identified

charlie chia that time don't have fosusd-pa , hahaha they use these funding from issue icps money from 5.1% everyday buying up worthless Focusd common shares until 25.16% stakes ~ 514,499,792 shares

kenie

1,641 posts

Posted by kenie > 2021-01-01 15:20 | Report Abuse

ASIA BIOENERGY TECHNOLOGIES BERHAD SHAREHOLDERS’ AGREEMENT BETWEEN AT SYSTEMATIZATION BERHAD AND ASIABIO IN RELATION TO THE SET UP OF BIOMASS PROCESSING TECHNOLOGIES BUSINESS UNIT VIA YELLOW CHOICE SDN BHD
11 Nov 2013

charlie chia WHERE BIOMASS ????

kenie

1,641 posts

Posted by kenie > 2021-01-01 15:20 | Report Abuse

ASIA BIOENERGY TECHNOLOGIES BERHAD • SUBSCRIPTION OF 20% EQUITY INTEREST IN NEXFUEL LIMITED SIGNING OF PLANT CONSTRUCTION AND LICENSING AGREEMENT BETWEEN NEXFUEL AND COOL PLANET ENERGY SYSTEMS, INC. FOR BIOMASS TO HIGH OCTANE GASOLINE TECHNOLOGY

28 Mar 2014 ASIABIO-Abridged Prospectus
RENOUNCEABLE RIGHTS ISSUE OF UP TO 420,200,000 NEW ORDINARY SHARES OF RM0.10 EACH IN ASIABIO TOGETHER WITH UP TO 420,200,000 NEW FREE DETACHABLE WARRANTS AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 HELD IN ASIABIO


charlie chia WHERE BIOFUEL ???

kenie

1,641 posts

Posted by kenie > 2021-01-01 15:20 | Report Abuse

28 Jan 2015
CLARIFICATION ON THE NEWS ARTICLE TITLED ASIABIO MOVES INTO O&G TRANSPORTATION” BY THE BUSINESS TIMES DATED 28 JANUARY 2015
Heads of Agreement (“HOA”) with Hoe Leong Corporation Ltd. , Sumatec Resources Berhad and Reachmont Logistics Sdn Bhd

6 Apr 2015
ESOS ASIA BIOENERGY TECHNOLOGIES BERHAD (I) PROPOSED SHARE ISSUANCE SCHEME; AND (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

charlie chia WHERE O&G TRANSPORTATION business ???

kenie

1,641 posts

Posted by kenie > 2021-01-01 15:21 | Report Abuse

01 Nov 2016
COLLABORATION AGREEMENT AND APPOINTMENT OF PREFERRED CONTRACTOR BETWEEN ASIABIO PETROLEUM SDN BHD AND CORAL ALLIANCE SDN BHD


charlie chia WHERE OIL GAS engineering business ???

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 15:22 | Report Abuse

@kenie

i really no understand what you trying to say here.

Can you do summary, easy understanding so for everyone here.?

Posted by doarea1234 > 2021-01-01 18:46 | Report Abuse

He is telling us that he lost a lot in Fintec years back. He cannot forget his losses and he is very bitter. He does not know the company is no same now.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-01 19:07 | Report Abuse

@doarea1234

okok...thanks for the info.
lol

jlex11

536 posts

Posted by jlex11 > 2021-01-01 20:16 | Report Abuse

@doarea1234 .... Yes, yes.. now I understand ....

Cheers..

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-01 20:17 | Report Abuse

New year coming.. New cheapest day by day

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-02 08:00 | Report Abuse

@CUTLOST

again it will be well supported at 0.08
it a matter of time before go up to 0.100 after Fintec announce Start of Glove Factory with the expertise of AT assistance....

bjgdila123

3,470 posts

Posted by bjgdila123 > 2021-01-02 08:52 | Report Abuse

new year fintec jgn lagi jadi kong kalikong ...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-02 09:37 | Report Abuse

Fintec too Big to fail lo.
Fintec smart also .....RI this time to do Glove Factory..
With AT expertise, Factory should be up by mid June 2021.

Somemore Covid19 have mutated and speading much easier..

jlex11

536 posts

Posted by jlex11 > 2021-01-02 10:03 | Report Abuse

Guys, it true that fintec has history of past failures via various JVs , new businesses etc , etc ....and its numerous rights issues , PP , ESOS etc...

However, they have got it right this time from the investment from the various cash calls which they made & it is bearing fruits now.

With the additional RI they are in a good position to pursue their next business plan ...additional the company has very little borrowing, one red flag for financial predicaments.

Their current price is at the lower end and once the weak shareholders from the current RIs are being flush out and new investors taking position in the company considering the business potential of the company, a firmer shareholder base will emerge for the upswing in price appreciation..

WC at 3 cts , at an exercise price at 8cts and with 3 years remaining tenor is a bargain buy especially the mother shares still hover around at 8 -8.5cts....it is still in the money...Last Chance Wagon...

Cheers Guys and to a better 2021...let start with fintec

charlie chia

2,151 posts

Posted by charlie chia > 2021-01-02 10:45 | Report Abuse

Hope FINTEC will be the darling stock for 2021 with potential business on GLOVES which currently still in demand due to COVID pandemic worldwide. Still have chances for 2-3 years

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-02 11:31 | Report Abuse

Yes....since now everyone know that Covid19 now have mutated again and again.
DEmand for nitrile glove still uptrend...and best part is
Fintec going to have it own Glove Factory with AT Expertise
and
Fintec also own share in AT who are currently producing glove now.

AT share goes up ...Fintec also go up and with Fintec own glove factory
Double Huat..

Remember Fintec RI this time is for Glove Factory, not such useless RI for useless venture.

DGB RI this time is for Ping-U software upgrading and AI Vending Machine wor.

Does DGB RI justified the current business model?

Fintec otherwise show this time RI is for Glove Factory venture.
Fintec at least this time show it got asset lah.

correct bor?

Up_again

949 posts

Posted by Up_again > 2021-01-02 12:13 | Report Abuse

Well nothing to stop fintec diverting the funds to control a large stake in DGB.
Anyway let’s wait announcements when Fintec continues the glove venture

8888_

2,919 posts

Posted by 8888_ > 2021-01-02 12:15 | Report Abuse

2021 still con stocks?

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