FINTEC GLOBAL BERHAD

KLSE (MYR): FINTEC (0150)

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Last Price

0.225

Today's Change

+0.04 (21.62%)

Day's Change

0.18 - 0.225

Trading Volume

6,262,100


16 people like this.

27,768 comment(s). Last comment by BLee 6 hours ago

Posted by tehdiven5519 > 2021-12-07 09:04 | Report Abuse

Rubbish counter....look very bad to whole management. Conman

stockraider

31,556 posts

Posted by stockraider > 2021-12-07 11:06 | Report Abuse

Avoid lah!

Kon counter mah!

Posted by whistlebower99 > 2021-12-07 16:07 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name FINTEC GLOBAL LIMITED

1 02 Dec 2021 21,644,600

Name of registered holder Fintec Global Limited

Direct (units) 153,429,100
Direct (%) 18.35
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 153,429,100
Date of notice 06 Dec 2021
Date notice received by Listed Issuer 06 Dec 2021

======
FINTEC investment game in NETX

TAYOR

scenery

2,361 posts

Posted by scenery > 2021-12-07 22:08 |

Post removed.Why?

alex

1,346 posts

Posted by alex > 2021-12-07 22:09 | Report Abuse

Thanks @stockraider and @whistlebower99 for your efforts to keep remind newbies on Lien Hoe linked syndicate. Most of this companies not focus on their core business but only issue pp/esos/RI/consol and use investor's fund to buy others penny stocks at much higher price than market then dump the shares price to super low. Now, penny stocks just like a pure money game. Sadly, the authorities allowing this things happening. Goreng up one or two day shows to attract "retailers" into their trap. Then dump all the way down... most of these penny stocks issued right issue.. and what the fact is now most of these penny stocks fall far below more than half of their right issue's price...

is ok for trader to speculate penny stocks. Be strict to your plan. (CUT LOSS/CUT WIN)

JohnFook

569 posts

Posted by JohnFook > 2021-12-07 23:58 | Report Abuse

ALL retailer already ALERT after article by EDGE....not easy to trap retailer anymore.....

BLee

760 posts

Posted by BLee > 2021-12-08 00:43 | Report Abuse

@alex: Most of this companies not focus on their core business but only issue pp/esos/RI/consol and use investor's fund to buy others penny stocks at much higher price than market then dump the shares price to super low.

BLee: Hi @alex, the first part of PP and ESOS is quite true which I am speechless. The second part of dumping after buying high at super low NOT reported to the regulator as per requirements for major shareholders of minimum 5%.. Inaccurate statement and DON'T make sense.
Example: Fintec increase shareholding in Focus D to more than 30%, widely reported after Focus D drop from 70sen to 4sen. Buy high from market will benefit retailers and sell super low will benefit long term investors??

On TheEdge report, the replied by Fintec is repeated in TheEdge without dispute..
Link: https://www.theedgemarkets.com/article/fintec-we-are-not-business-shuffling-assets

Please do NOT post incomplete news, NOT giving chance on clarification by Fintec/ TheEdge. Half Truth!!
Happy Trading and TradeAtYourOwnRisk

stockraider

31,556 posts

Posted by stockraider > 2021-12-08 10:52 | Report Abuse

Warning!

Just avoid these kon stocks loh!

https://www.klsescreener.com/v2/news/view/818927/special-report-hidden...

BLee

760 posts

Posted by BLee > 2021-12-08 11:27 | Report Abuse

@stockraider: Warning!

Just avoid these kon stocks loh!

https://www.klsescreener.com/v2/news/view/818927/special-report-hidden...

08/12/2021 10:52 AM

BLee: Hi Bro @stockraider, this article dated 21 Apr. 2021 superseded by a later article dated 23 Apr. 2021.

"On TheEdge report, the replied by Fintec is repeated in TheEdge without dispute..
Link: https://www.theedgemarkets.com/article/fintec-we-are-not-business-shuffling-assets

Please do NOT post incomplete old news, NOT giving chance on clarification by Fintec/ TheEdge. Half Truth!!
Happy Trading and TradeAtYourOwnRisk

08/12/2021 12:43 AM"

I am replying for the purpose of defencing my investment from Half Truth discussion. My investment in Fintec at one fifth of NTA, can't lose much..Please do NOT make the same mistake (project in Perak but talk in China) posted in Ageson forum, will lose credibility.

Happy Trading and TradeAtYourOwnRisk

BLee

760 posts

Posted by BLee > 2021-12-08 11:59 | Report Abuse

Correction: Not in Ageson forum, at my article, link:
 https://klse.i3investor.com/blogs/BLee_AGESON/2021-12-04-story-h1594797436-AGESON_How_is_it_related_to_Fintec_Group.jsp

Posted by BLee > Dec 6, 2021 8:37 PM | Report Abuse 

@stockraider: Blee, Ageson is a construction co & not tech co mah!

Its has big project is in china loh!

But think lah!

How can it be efficient & fight the chinese leh ?

Some more got lockdown cannot enter china mah!

Likely be kon CO....very fishy company mah!

Avoid lah,,,!

High risk loh!
06/12/2021 12:40 PM

BLee: Hi Bro @stockraider, you got it ALL wrong, the project is in Perak. Please check your facts before posting. So much courage, garbage in garbage out.

Lucifer999

599 posts

Posted by Lucifer999 > 2021-12-08 12:00 | Report Abuse

very tough for penny stock

Posted by whistlebower99 > 2021-12-08 12:05 | Report Abuse

FOR NEWBIES

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name FINTEC GLOBAL BERHAD
1 06 Dec 2021 21,060,900

Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 174,490,000
Indirect/deemed interest (%) 20.87
Total no of securities after change 174,490,000
Date of notice 07 Dec 2021
Date notice received by Listed Issuer 07 Dec 2021

=====================
FINTEC investment game in NETX

Penny stocks speculating/investing in other penny stocks, a trend taken by many low-price loss making penny stocks companies

=================

Trade wisely, set realistic target

Monitor financial results, share issuance exercises, company investment in quoted securities

BLee

760 posts

Posted by BLee > 2021-12-08 12:13 | Report Abuse

@Lucifer999: very tough for penny stock

08/12/2021 12:00 PM

BLee: Hi @Lucifer999, agreed not only for penny stock, even blue chip Banking counters also did not do well in stock prices. No one knows when will recover. I believed F&B and IT stocks will recover faster due to supply and demand.

Happy trading.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2021-12-08 12:35 | Report Abuse

Tan Sik Eek already so rich larh...thank you for you all contribution...Salary + director remuneration in XOX,Fintec,Mlabs, Netx together already >1Mil...PP Esos issue so good business...change business nature to share goreng and corporates exercise larh...hehe

stockraider

31,556 posts

Posted by stockraider > 2021-12-08 13:38 |

Post removed.Why?

lauys96

232 posts

Posted by lauys96 > 2021-12-08 15:06 | Report Abuse

This shit counter 0.005 coming

gghaha

1,639 posts

Posted by gghaha > 2021-12-08 15:13 | Report Abuse

ya...but they wont care...tis is just a shelf company for them to print money n get in others shares ....money in n out game for them..:)

Potato88

740 posts

Posted by Potato88 > 2021-12-08 15:17 | Report Abuse

Bought 2k lots at 0.01

Potato88

740 posts

Posted by Potato88 > 2021-12-08 15:18 | Report Abuse

I dont care it will drop to 0.005..

gghaha

1,639 posts

Posted by gghaha > 2021-12-08 15:19 | Report Abuse

all them taking turn to dispose n cash out now...just beware for all related con company

Goodprofit

1,022 posts

Posted by Goodprofit > 2021-12-08 15:25 | Report Abuse

someone pickup

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-08 15:26 | Report Abuse

Who play penny stock start from jan till now dec, all your money gone.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-08 15:27 | Report Abuse

Potato89, 0.005 is not the lowest, 0.00005 only the lowest.

gghaha

1,639 posts

Posted by gghaha > 2021-12-08 15:29 | Report Abuse

0.5c can be pick up soon lol.

Loh Kok Wai W

3,592 posts

Posted by Loh Kok Wai W > 2021-12-08 15:34 | Report Abuse

but penny stock...better save money in bank.....you will sweet dream every night....

sato

310 posts

Posted by sato > 2021-12-08 15:41 | Report Abuse

The king of all the kon stock

LossAversion

1,686 posts

Posted by LossAversion > 2021-12-08 15:49 | Report Abuse

Bursa Malaysia still believes in this company mah!

ncy810116

291 posts

Posted by ncy810116 > 2021-12-08 15:51 | Report Abuse

way more better than 5279

gghaha

1,639 posts

Posted by gghaha > 2021-12-08 15:53 | Report Abuse

All esos is throw out now ...no insider want to hold long for tis shit

citadel888

532 posts

Posted by citadel888 > 2021-12-08 15:54 |

Post removed.Why?

pineapple123

2,472 posts

Posted by pineapple123 > 2021-12-08 16:13 | Report Abuse

wah,0.005 coming!!!

Goodprofit

1,022 posts

Posted by Goodprofit > 2021-12-08 16:19 | Report Abuse

those buy 1sen sure huat

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-08 16:20 | Report Abuse

Got 5b share to throw, this two week will continue throw 0.01 - 0.005.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-08 16:21 | Report Abuse

This counter will consolidate soon at price 0.005 - 0.01, the price wont up anymore.

pineapple123

2,472 posts

Posted by pineapple123 > 2021-12-08 16:21 | Report Abuse

dont BUY THIS CON COMPANYLAH. WAIT STUCK FOR YEARS

pineapple123

2,472 posts

Posted by pineapple123 > 2021-12-08 16:22 | Report Abuse

FINTEC IS CON CON POPCORN COMPANY LOL

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-12-08 16:23 | Report Abuse

Some peopl will think buy 0.01 will make money, brainless thinking.

pineapple123

2,472 posts

Posted by pineapple123 > 2021-12-08 16:24 | Report Abuse

YEAH BRAIN GOT SHIT

Posted by whistlebower99 > 2021-12-08 16:28 | Report Abuse

A portion of company fund utilised to invest and support NETX and other low priced penny stocks

When company funds run low, directors can issue more shares to PP, ESOS to raise more money

Or directors may decide for shares consolidation and rights issue with free warrants to raise for cash from trapped investors.

NEWBIES must be careful with hard-earned money. Cheap stock can become cheaper especially when directors can easily get approval for shares consolidation from BURSA.

TAYOR

Posted by whistlebower99 > 2021-12-08 16:47 | Report Abuse

NEWBIES can take guide from some stocks that had gone shares consolidation and rights issue with free warrants.

lambo, pasukgb, pdz, sanichi, mtouche, vc, trive and many more.

see the stock price before and after shares consolidation to have a better picture

TAYOR

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2021-12-08 17:00 | Report Abuse

Haiyo...lose money edi protest at Menara Lien Hoe larh...itu satu gang all in one at there...hehe

pineapple123

2,472 posts

Posted by pineapple123 > 2021-12-08 17:07 | Report Abuse

who bought the shares today? so big chunck

polycarp

1,991 posts

Posted by polycarp > 2021-12-08 17:11 | Report Abuse

All these con business
planned by a group of mf.
You read same textbeveryday.
See same thing happening
day after day. Wah new worm
swimming around. did you see
that

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-08 17:13 | Report Abuse

Fintec is to propose big share consolidation exercise plus Rights issues with free warrants.. .beware.. don't jump into the black holes ..

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2021-12-08 17:18 | Report Abuse

No need pay more tax...so good...hehe...eh where LHDN?

sitia

1,246 posts

Posted by sitia > 2021-12-08 18:37 | Report Abuse

6:02PM NETX FINTEC GLOBAL LIMITED (15,000,000 units Acquired)

6:02PM MLAB FIRST UNITED TECHNOLOGY LTD (10,000,000 units Acquired)

6:02PM NETX FINTEC GLOBAL BERHAD (15,000,000 units Acquired)

6:02PM MLAB NETX HOLDINGS BERHAD (10,000,000 units Acquired)

Jessgoh

1,175 posts

Posted by Jessgoh > 2021-12-08 20:14 | Report Abuse

All is loss investment which help them to release fund only….

alex

1,346 posts

Posted by alex > 2021-12-08 20:17 | Report Abuse

looks like the goreng gang are cashing out all their penny stocks by pushing all to 0.005 - 0.01 one by one.. then consol then RI/pp/esos.. repeat.. Bursa and SC tak nampak.. tak mau tahu.. BEWARE !!

Posted by whistlebower99 > 2021-12-08 20:48 | Report Abuse

FOR NEWBIES

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name FINTEC GLOBAL BERHAD

1 07 Dec 2021 15,000,000

Name of registered holder Fintec Global Limited

Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 189,490,000
Indirect/deemed interest (%) 22.67
Total no of securities after change 189,490,000
Date of notice 08 Dec 2021
Date notice received by Listed Issuer 08 Dec 2021

=====
FINTEC continue to use company fund to increase investment in NETX.
A massive 22.67 % shareholding.

New trend emerging in BURSA. Penny stocks investing / speculating in other penny stocks.

TAYOR, Trade wisely.

sitia

1,246 posts

Posted by sitia > 2021-12-08 22:11 | Report Abuse

fintec goreng tak tangkap. Cakap kon pun takde masalah. Mengapa Serba Dinamik kena suspended sebb kpmg issue? Jangan sembarang cakap fintec kon tau

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