Posted by investor2021trading > 2021-09-11 14:31 | Report Abuse

idk, Fintec is not meant for locals to invest! idk, Fintec is always meant for foreign buyers! idk, Fintec's share price hv to remain low to attract foreign investors! idk, D many funds raising thru' issuing PP, BI, RI with free warrants n shares split always benefitted d foreign investors! Fintec's investing in other potential companies in bursa supported our bursa market. d worst looser r d retailers who bought their shares! Fintec is too big n complex for newbies!

Posted by BLee > 2021-09-11 14:55 | Report Abuse

@investor2021trading, I am at the same page with you; positive QRs and also cash rich...Focus D. Happy trading

Posted by investor2021trading > 2021-09-11 15:06 | Report Abuse

@BLee

foreign investors r returning to our bursa market! should bode well for Focus! is it d reasons for Focus's higher buying volume n +4% price uptrend lately? my guessed, price should continue uptrend next week!

Posted by BLee > 2021-09-11 15:21 | Report Abuse

@investor2021trading, yeah. I think you have not read my almost daily coverage of Foreign Funds and the last 10 trading days collection of Focus D update..self promotion?? link: https://klse.i3investor.com/blogs/BLee_AGES/2021-09-05-story-h1570726405-Focus_Dynamic_last_7_days_collection.jsp

Happy trading

Posted by Sales > 2021-09-11 16:32 | Report Abuse

Don't forget their profit 720mil and yet we don't have dividend. They also asked for RI some more, newbie better don't touch.

Posted by BLee > 2021-09-11 17:40 | Report Abuse

@Sales, you are right, the RM720mil could be just 'paper profit' from investment gain at the reporting date. No cash until monetize, how to give dividend? Con or no con, another story. TradeAtYourOwnRisk.
Happy trading

Posted by bjgdila123 > 2021-09-14 10:54 | Report Abuse

no amoi..... no v8agra.....zzzzzz

Posted by whistlebower99 > 2021-09-14 12:09 |

Post removed.Why?

Posted by gghaha > 2021-09-15 14:51 | Report Abuse

not the cheapest time yet....:)

Posted by RedEagle > 2021-09-16 00:21 | Report Abuse

Key Alliance Group Bhd has emerged as a new substantial shareholder of ACE Market-listed Macpie Bhd after buying a 5.91% stake or 55.96 million shares in it in the open market. The group said it spent a total of RM5.34 million to acquire the shares between Sept 6 and Sept 13.

Posted by Ppmaster > 2021-09-17 10:39 | Report Abuse

This counter kill many retailer money. Becareful.

Posted by Ppmaster > 2021-09-17 10:41 | Report Abuse

Who buy 0.125 , drop to 0.025 , lose more than 80%.

Posted by Ppmaster > 2021-09-17 10:51 | Report Abuse

Buy bk some RM 150k++ at 0.14 to watch the show.

Posted by bjgdila123 > 2021-09-17 12:44 | Report Abuse

lelong lelong lelong

Posted by gghaha > 2021-09-17 15:48 | Report Abuse

soon will buy over most of the useless shares to own use....:)

Posted by Noworry21 > 2021-09-18 05:51 | Report Abuse

Carefull don't believe so 1st

Posted by tannyye > 2021-09-21 08:48 | Report Abuse

Can anyone explain the business risk this group is facing? Is it because it is not just overdiversified but the purchase of multiple company causing it to not have a core competence?

Posted by CUTLOST > 2021-09-21 09:57 | Report Abuse

Waiting for PP 1cents

Posted by whistlebower99 > 2021-09-21 10:21 |

Post removed.Why?

Posted by whistlebower99 > 2021-09-21 10:30 |

Post removed.Why?

Posted by TillyLovers > 2021-09-21 14:47 | Report Abuse

ada orang buang fintec dengan gila pada harga 2 cents

Posted by BLee > 2021-09-21 14:48 | Report Abuse

@whistlebower99:
Total issued shares = 4,975,664,574 hitting 5 BILLION SHARES soon.

PA = 254,308,135
WA = 170,092,838
WB = 116,443,428
WC = 1,146,126,828

Warrants as good as garbage.

================================
Trade wisely, beware of potential shares consolidation exercise

21/09/2021 10:30 AM

BLee: Hi @whistlebower99,
PA  conversion = 11sen or 11:8
WA conversion = 19sen
WB conversion = 10sen
WC conversion =   8sen
WA, WB and WC conversion NOT likely due to out of money; only problem will be PP and ESOS as per your warning on trading risk. Only 11PAs convert to 8 mother shares still possible, i.e. 254,308,135÷11×8= number of mother shares. PA anti-dilution, so no problem on any type of RI..
Agreed, warrants as good as 'garbage'. Not for PA as the 11:8 conversion still doable. My promotion link if you are interested:  https://klse.i3investor.com/blogs/BLee_AGES/2021-09-12-story-h1571499077-Focus_PA_and_Fintec_PA_Negative_ICPS.jsp

Happy trading and TradeAtYourOwnRisk.

Posted by Goodprofit > 2021-09-21 14:56 | Report Abuse

1 : 50 conso plan

Posted by gghaha > 2021-09-21 15:01 | Report Abuse

sell before results out and consol plan.....

Posted by Loh Kok Wai W > 2021-09-21 15:19 | Report Abuse

tipu counter........

Posted by BLee > 2021-09-21 15:32 | Report Abuse

Each Fintec-PA worth 8sen; if got 1:50 conso plan, the 8sen won't change as long not converted into mother shares. PA (preference shares) treats differently from mother shares as the 2 methods of conversion will be adjusted accordingly to pre-set formula for the changes. Happy Trading and consult the issuing house before trade..

Posted by CUTLOST > 2021-09-21 15:34 | Report Abuse

No hope..saham sikalang manyak tipu lol..kecuali ur ada company jual saham angkat wang maa..

Posted by gghaha > 2021-09-21 15:44 | Report Abuse

wait 0.005-0.01 then consol and further drop only play again pa...:)

Posted by BLee > 2021-09-21 16:00 | Report Abuse

@gghaha: wait 0.005-0.01 then consol and further drop only play again pa...:)
21/09/2021 3:44 PM

BLee: Good suggestion, no hurry to buy or sell for PA..Happy trading

Posted by Sharegod88 > 2021-09-21 16:47 | Report Abuse

when it conso?

Posted by Valentino Valen > 2021-09-21 19:16 | Report Abuse

https://www.facebook.com/1943217012589085/posts/3056422881268487/

Construction underway. Bersangka baik je la..

Posted by Valentino Valen > 2021-09-21 19:16 | Report Abuse

https://www.facebook.com/1943217012589085/posts/3056422881268487/

Construction underway. Bersangka baik je la..

Posted by HamsterHuat > 2021-09-21 21:19 | Report Abuse

what.....now only Construction underway...
White Elephant lo.....

Even TopGlove having tough competitor especially from China....
Even ASP also back before pre-Covid pandamic lo.

If AT having production running and still not making money..
Fintec can meh?

Posted by gghaha > 2021-09-22 02:20 | Report Abuse

Few steel photo bloody out to attract fishy again……

Posted by nuke > 2021-09-22 09:07 | Report Abuse

Biggest Scam in BSKL. Another few hundred million shares issued via Private Placement (PP) at 0.02-0.025 sen. Where's SC?? Are you investigating??
Suspend this counter!

Posted by sato > 2021-09-22 11:17 | Report Abuse

SC is sleeping. :(

Posted by chesslim > 2021-09-22 11:27 | Report Abuse

today PP tomorrow Capital Reduction ? who is water fish ?

Posted by bjgdila123 > 2021-09-22 11:28 | Report Abuse

ini mcm BUNGKUS ....nangis

Posted by ahbah > 2021-09-22 12:12 | Report Abuse

Why nangis ?

Fintec ... a FUN stock, main main for fun n entertainment n excitement lah, enjoy n be hapi lah !!!

Posted by ahbah > 2021-09-22 14:05 | Report Abuse

Of course, when we main main fun stock for entertainment, we all got to

pay entertainment fees lah

Posted by Dr Y.Raj > 2021-09-22 15:08 | Report Abuse

I think no point blaming any one here. All of us knew what we were getting into. We were just looking at making money the easy way and forgot about fundamentals etc. An expensive lesson learnt from Fintec. That's fine. Let's move forward slowly. I wish those who are still holding a very good luck.
P.s- SC has allowed 20% PP until end of this year ya. So still a long way to go.

Posted by BLee > 2021-09-22 15:46 | Report Abuse

@Dr Y.Raj, good statement. With 2sen worth, downside limited. Shares consolidation does not mean cancellation of capitals. Only big problem with PP, each trench issuance with roughly 10% discount of 5 days weighted average price, will dilute NTA. On the bright side, interest free cash injection will improve company cash flow. End of the year not that far off, all this PP (so call 'raping') completed, more 'child' will be 'born'. Happy trading and TradeAtYourOwnRisk.

Posted by nobodyisland > 2021-09-22 15:59 | Report Abuse

still got fake Q.. haha

Posted by Loh Kok Wai W > 2021-09-22 16:34 | Report Abuse

brother of Lambo......25=1.....getting smaller.

Posted by Musang King > 2021-09-22 16:39 | Report Abuse

SO TRUE, GTRADE IS CORRECT. CAN'T SC DO SOMETHING TO STOP THIS SCAM ?

Posted by PelitaAlam > 2021-09-22 16:40 | Report Abuse

They maybe part of the gang.

Posted by Musang King > 2021-09-22 16:44 | Report Abuse

WHY FINTEC GROUP OF COMPANIES KEEP DOING ALL THESE TRICKS? FOR WHAT? PLAIN CHEATING AND SECURITIES COMMISSION JUST "NO EYE TO SEE". STRANGE, VERY VERY STRANGE. IS THIS DAY LIGHT ROBBERY GOING ON IN OUR MALAYSIAN BURSA ? SC MUST ANSWER TO THE PUBLIC.

Posted by aspenvit > 2021-09-22 20:01 | Report Abuse

NAPS 0.36, time for private to take over company at current price of 0.020.

Posted by Loh Kok Wai W > 2021-09-23 09:53 | Report Abuse

做老千好 揾 过做 皇帝。

Posted by BLee > 2021-09-23 10:34 | Report Abuse

Below details are partly extracted from Fintec announcement to Bursa (klsescreener); please check accuracy from Bursa/klsescreener website.

'Raping' purpose: Details as in link, NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/3415001

This is the 'raping' condition:

On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities had, vide its letter dated 27 August 2021, approved the listing and quotation of up to 855,132,900 Placement Shares to be issued pursuant to the Private Placement subject to the following conditions:-

(i)         Fintec and Mercury Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Private Placement;

(ii)         Fintec and Mercury Securities to inform Bursa Securities upon the completion of the Private Placement; and

(iii)        Fintec to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed.

'Raping' occasion:

Private Placement of up to 20% of the total number of issued shares of the Company:

1) 21 Sep 2021: 260,000,000 at (MYR)   0.0225

2) 21 Sep 2021: 40,000,000 at (MYR)   0.0225

3) 17 Sep 2021: 200,000,000 at (MYR)   0.0215

4) 08 Sep 2021: 100,000,000 at (MYR)   0.0199

5) The 'raping' will stop once the balance of 255,132,900 shares issued.

My opinion is NOT to lower the trading price so that the PP issuing price based on 5-market day VWAP will NOT be lower for each tranche.

Happy trading and TradeAtYourOwnRisk. No offence intended to any Forumers as I feel ALL are my Forum friend. TQ

Disclaimer: Not a buy, sell or hold call. Any Gain or loses shall be by reader own action. If feel offended by the borrow word 'raping', I apologise in advance..