When they made a fortune in Focus Dynamics when prices were sky high they did not sell. When the share price collapsed, they sell like no tomorrow for big loss.
Wonder who appointed the Donkeys to run and make decisions.
HIGH VOLUME ON 25/9/2023 MONDAY- 61.087400 MIL SHARES TRADED 58.916 MIL DONE AT 0.01 & 2.171 MIL DONE AT 0.005 BUT LAST MINUTE PUSH DOWN TO 0.005 DONE BY SOMEONE.
AGAIN HIGH VOLUME ON MONDAY 02/10/2023 - 100.537800 MIL SHARES TRADED, 99.916700 MIL DONE AT 0.01 & ONLY 621,100 SHARES DONE AT 0.005 AGAIN LAST MINUTE PUSH DOWN TO 0.005 DONE BY SOMEONE. RANKED 3RD HIGHEST STOCK THAT DAY. REMARKS : HIGHEST NTA RECORDED ON 30/9/2020 AT 91.76 SEN A SHARE. REACHED 13.5 SEN CLOSED ON 11/11/2020 WITH 313.217 MIL SHARES TRADED. CURRENT NTA NOW ON 30/6/2023 DATA AT 3.62 SEN A SHARE.
How many employees are there in this company? What is their daily job or task ? How and what are the productivity and contribution to the company revenue ? What they produce?
FINTEC is not producing anything. Merely an Investment Group engaged in portfolio investment in quoted and unquoted shares. Most of their workers are inside the companies Fintec invested. That's what I observe.
At the Company level, Fintec had paid RM627,000 salaries and bonus to executive/managing directors. Question: what is the breakdown of the “Salaries and bonus” to executive/managing directors? Answer: Salaries: RM542,000 and Bonus: RM85,000 for the 2022 FY
@BLee: The answer can be found at the Extract from Latest QR ending Sept. 2023 "Portfolio investment: This segment reported a profit before tax of RM36.50 million in current quarter ended 30 September 2023, improved by RM62.45 million as compared to loss before tax of RM25.95 million in previous year's corresponding quarter ended 30 September 2022, mainly due to mark-to-market profit of RM35.82 million in the Group's strategic investments in current quarter as opposed to mark-to-market loss of RM26.82 million in previous year's corresponding quarter."
Caution: As this make-up of a partly full report, please read the whole report for a better understanding of the group's financial standing.
I am stuck for months at RM0.005 for both mother and ICPS, poised to recover my investment, hopefully as this counter very much depends on market direction… Happy trading and TradeAtYourOwnRisk
Fair value (gain)/loss on marketable securities (35,819) Probably from the increase in the Share value of Seacera counter where Fintec holds approx 30% or more.
Fintec Global Berhad is a Malaysia-based company, which is engaged in technology incubation, investment holding, manufacturing and sale of rubber gloves. The Company operates through four segments: Portfolio investment, Biotechnology products, Financial services and Glove business. The Portfolio investment segment is focused on investments in food and beverage, personal protective healthcare equipment, agriculture, financial and information technology. The Company provides management and strategic advisory services; research, development, and commercialization of agriculture and farming technologies; research related services; and business networking and funding services to incubate companies. Its portfolio includes food & beverage, financial & information technology, sale & trading of building materials & property development, financial services, agriculture, and healthcare. Its subsidiaries include Gro Asia Agritechnology Sdn. Bhd., Asiabio Capital Sdn. Bhd., and others.
Lot 13.1, Level 13, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort PETALING JAYA, SELANGOR 47410 Malaysia +60 3 76226988
0.01 value buy in and u scare of consolidate? Haha
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Posted by kelvin61 > 2023-06-02 11:15 | Report Abuse
When they made a fortune in Focus Dynamics when prices were sky high they did not sell. When the share price collapsed, they sell like no tomorrow for big loss.
Wonder who appointed the Donkeys to run and make decisions.