KLSE (MYR): FINTEC (0150)
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Last Price
0.005
Today's Change
0.00 (0.00%)
Day's Change
0.005 - 0.01
Trading Volume
219,600
Market Cap
30 Million
NOSH
5,927 Million
Latest Quarter
31-Dec-2023 [#2]
Announcement Date
28-Feb-2024
Next Quarter
31-Mar-2024
Est. Ann. Date
31-May-2024
Est. Ann. Due Date
30-May-2024
QoQ | YoY
-148.74% | -349.53%
Revenue | NP to SH
26,862.000 | 7,058.000
RPS | P/RPS
0.45 Cent | 1.10
EPS | P/E | EY
0.12 Cent | 4.20 | 23.82%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.04 | 0.13
QoQ | YoY
-77.05% | 107.97%
NP Margin | ROE
23.70% | 3.05%
F.Y. | Ann. Date
31-Dec-2023 | 28-Feb-2024
Latest Audited Result
30-Jun-2023
Announcement Date
30-Oct-2023
Next Audited Result
30-Jun-2024
Est. Ann. Date
30-Oct-2024
Est. Ann. Due Date
27-Dec-2024
Revenue | NP to SH
22,278.000 | -31,792.000
RPS | P/RPS
0.38 Cent | 1.33
EPS | P/E | EY
-0.54 Cent | -0.93 | -107.28%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.04 | 0.14
YoY
63.14%
NP Margin | ROE
-145.78% | -14.83%
F.Y. | Ann. Date
30-Jun-2023 | 30-Aug-2023
Revenue | NP to SH
12,782.000 | 35,582.000
RPS | P/RPS
0.22 Cent | 2.32
EPS | P/E | EY
0.60 Cent | 0.83 | 120.07%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-74.37% | 184.48%
NP Margin | ROE
274.14% | 15.36%
F.Y. | Ann. Date
31-Dec-2023 | 28-Feb-2024
Trailing 4 Quarters | Trailing 8 Quarters | |||
---|---|---|---|---|
Available Quarters | 4 Quarters | 8 Quarters | ||
Continuous Quarters Of Revenue Growth | 2 / 4 | 50.00% | 2 / 8 | 25.00% |
Total Positive Profit Years | 1 / 4 | 25.00% | 2 / 8 | 25.00% |
Continuous Quarters Of Positive Profit | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Continuous Quarters Of Profit Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Continuous Quarters Of Adjusted EPS Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Total Dividend Years | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Continuous Quarters Of Dividend | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Continuous Quarters Of Dividend Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Continuous Quarters Of Adjusted Dps Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
Average ROE | 0.42% | -6.22% | ||
Average Net Profit Margin | 147.93% | -577.51% |
Last 5 Financial Years | Last 10 Financial Years | |||
---|---|---|---|---|
Available Years | 5 Years | 10 Years | ||
Continuous Quarters Of Revenue Growth | 1 / 5 | 20.00% | 1 / 10 | 10.00% |
Total Positive Profit Years | 1 / 5 | 20.00% | 3 / 10 | 30.00% |
Continuous Quarters Of Positive Profit | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
Continuous Quarters Of Profit Growth | 2 / 5 | 40.00% | 2 / 10 | 20.00% |
Continuous Quarters Of Adjusted EPS Growth | 2 / 5 | 40.00% | 2 / 10 | 20.00% |
Total Dividend Years | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
Continuous Quarters Of Dividend | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
Continuous Quarters Of Dividend Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
Continuous Quarters Of Adjusted Dps Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
Average ROE | -86.06% | -50.60% | ||
Average Net Profit Margin | 48.13% | -14.91% |
T4Q | Annualized | Annual (Unaudited) | Last 10 FY Average | Last 5 FY Average | |
---|---|---|---|---|---|
Revenue | 26,862 | 12,782 | 22,278 | 29,068 | 35,273 |
NP to SH | 7,058 | 35,582 | -31,792 | -23,074 | -41,080 |
Dividend | 0 | 0 | 0 | 0 | 0 |
Adjusted EPS | 0.12 | 0.60 | -0.54 | -0.39 | -0.69 |
Adjusted DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share
All figures in '000 unless specified.
EPS & DPS's figures in Cent.
LQ QoQ | LQ YoY | CQ YoY | LQ vs Average of T4Q | LQ vs Average of T8Q | |
---|---|---|---|---|---|
Revenue | 49.26% | 253.37% | 253.68% | -43.01% | -12.79% |
NP to Owner | -148.74% | -349.53% | 184.48% | -1,058.80% | -66.09% |
Dividend | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Adjusted EPS | -148.74% | -349.53% | 184.48% | -1,058.80% | -66.09% |
Adjusted DPS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year
T4Q vs LFY | T4Q vs AL5FY | T4Q vs AL10FY | AQR vs LFY | AQR vs AL5FY | AQR vs AL10FY | LFY YoY | LFY vs AL5FY | LFY vs AL10FY | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 20.58% | -23.85% | -7.59% | -42.63% | -63.76% | -56.03% | 15.69% | -36.84% | -23.36% |
NP to Owner | 122.20% | 117.18% | 130.59% | 211.92% | 186.62% | 254.21% | 63.14% | 22.61% | -37.78% |
Dividend | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Adjusted EPS | 122.20% | 117.18% | 130.59% | 211.92% | 186.62% | 254.21% | 63.14% | 22.61% | -37.78% |
Adjusted DPS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year
today tak laku . Someone just sold 4000units@ 0.005 for RM20 ? ahahhahahahahaaaaaa
1 month ago
To Fintec Global,
Looks like your stock price performance reflected on the IMAGE of your company?
And when your stock are getting severe damaging reputations as con company, none of you the Directors at Fintec Global came out to rectify it?
1 month ago
Also year 2020 with fantastic 809,803 milion in 3rd Qr ( mac 2021) with valuation pershr of 0.46 can become 0.04 cents over 24 months later?
1 month ago
To Fintec Globals,
You open offices in Malaysia and get us poor Malaysians to invest in your company because our money is good to cheat??? Do you believe in KARMA? Do you have children?? Do your parents proud of you for hurting our hard earned money??? Do you know how some of us have to wake up everyday at 4am to make living???
How many Fintec stock holders can go for chinese new year holidays after seeing the fantastic stock performance of your company?
You know some of us who started way earlier still stay invested in your company because we truly believe your company is genuine and seriously can do well and make us all proud? Where are you , Directors of Fintec Global???? Have we made the wrong decisions from the beginning for HOLDING your stocks for so long and to get to this DAY, you are rewarding us with consolidation and losses every year????!!!!!!
1 month ago
人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看,人在做天在看
1 month ago
You Directors reaping Director fees of 570,000 for giving us this kind of results?? WHAT HAVE WE PAID FOR? WRONG INVESTMENTS? WE PAID DIRECTOR FEES FOR LOSSES? WHAT HAVE YOU LOSS, DIRECTOR TAN SEEK EEIK?????
1 month ago
I disagree do the CONSOLIDATION. !!!
I disagree do the CONSOLIDATION. !!!
I disagree do the CONSOLIDATION. !!!
1 month ago
Daily88 : Also year 2020 with fantastic 809,803 milion in 3rd Qr ( mac 2021) with valuation pershr of 0.46 can become 0.04 cents over 24 months later?
Daily88
To Fintec Globals,
You open offices in Malaysia and get us poor Malaysians to invest in your company because our money is good to cheat??? Do you believe in KARMA? Do you have children?? Do your parents proud of you for hurting our hard earned money??? Do you know how some of us have to wake up everyday at 4am to make living???
How many Fintec stock holders can go for chinese new year holidays after seeing the fantastic stock performance of your company?
You know some of us who started way earlier still stay invested in your company because we truly believe your company is genuine and seriously can do well and make us all proud? Where are you , Directors of Fintec Global???? Have we made the wrong decisions from the beginning for HOLDING your stocks for so long and to get to this DAY, you are rewarding us with consolidation and losses every year????!!!!!!
WELL WRITTEN, DAILY88. DIRECTORS REALLY OWE INVESTORS A SINCERE APOLOGY. INVESTORS WHO INVESTED EARLIER BEFORE COVID19 REALLY SUFFERED. PLEASE TAKE NOTE.
1 month ago
To Musang King,
I DO NOT NEED APOLOGY FROM THE DIRECTORS! I NEED THE COMPANY FINTEC GLOBAL TO PRODUCE GOOD FINANCIAL RESULTS AND DELIVER THEIR PROMISE!
I INVESTED BECAUSE I SAW THE COMPANY FINTEC GLOBAL WAS TAKING INITIATIVES TO TURNAROUND THE COMPANY. I SAW THEIR AR SHOWED PROGRESS IN PROFIT GROWTH YEAR 2020 ONWARDS AND THEY ARE MAKING RESTRUCTURING THE COMPANY INVESTMENTS!!!
BEFORE 2020, FINTEC GLOBAL KNOWN AS ASIA BIO, NOBODY LOOKING AT THIS COMPANY. NOBODY KNOW THIS COMPANY EXISTANCE AT ALL! SO TELL ME WHY, FINTEC GLOBAL DIRECTORS, AFTER ALL THE YEARS, U SUDDENLY WENT TO ACQUIRE GLOVES AND COPY PEOPLE DO GLOVES????!!!!
DID YOU KNOW TOP GLOVES COMPANIES ALREADY HAVE TONNES OF CONTACTS FOR GLOVES FOR YEARS?? WHY WANT TO FIGHT THE GLOVES MARKET SHARES AND GET YOURSELF SUFFER RIGHT NOW?????!!!
1 month ago
TO FINTEL GLOBAL,
NO TO CONSOLIDATION!!!!!! YOU CAN TURNAROUND FINTEC GLOBAL BECAUSE YOU DID IT BEFORE!!!!!!!!
1 month ago
YOU CAN MAKE THE FINTEC GLOBAL PROFITABLE ONCE AGAIN!!!! AT LEAST FOR 2 YEARS PLEASE!!!!!!
IF YOU CAN TURNAROUND THE COMPANY, YOU DON'T NEED CONSOLIDATION!!!!!!!! PEOPLE WILL STILL BUY AT 0.035 OR 0.05 BECAUSE YOU ARE A PROFITTABLE COMPANY!!!!!!! WE CAN HOLD UNTIL WE ENTER COFFIN!!!!
PROVE IT BEFORE I DIE!!!!!
1 month ago
YOUR COMPETITOR SURESH WITHANA CAN PRODUCE BETTER RESULT DONT TELL ME YOU, TAN SEK EEIK CANNOT!!!!
1 month ago
I disagree do the CONSOLIDATION. !!!
I disagree do the CONSOLIDATION. !!!
I disagree do the CONSOLIDATION. !!!
1 month ago
DAILY88, GOOD POSTING YOUR OPINION. FULLY AGREE WITH YOU. THE REASON WHY WE USED TO TYPING CAPITAL LETTERS IS - 1. WE ARE ALL OLD. CANNOT REALLY SEE SMALL LETTERS. WE ARE NOT RUDE AND HOPE EVERYBODY UNDERSTAND. OUR EYE SIGHT FAILING US. I AM HAVING AMD TOO.
1 month ago
MUSANG KING,
THANK YOU MUSANG KING. I HAVE WITH CANCER AT 3RD STAGE. FOUND OUT HEAVY URINATION AND WENT TO SPECIALIST DAMANSARA AND GOT DIAGNOSED. LIFE IS LIKE THAT AND I AM SURE YOU ARE GOOD OLD MAN TOO WHO CARES AND ETHICAL. WE BOTH ARE. WE DON'T COME HERE TO BUY FINTEC BECAUSE FINTEC IS FOR SPECULATION. I HAVE TRUST WITH THE MANAGEMENT AND I HOPE MY CUCU CICIT CAN HAVE SLIGHTLY BETTER LIFE. THEREFORE, I DO NOT NEED APOLOGY FROM THE MANAGEMENT OF FINTEC GLOBAL.
I DON'T NEED THEIR WORDS BECAUSE IT IS NOTHING! WORTHLESS!
I NEED FINTEC GLOBAL TO BE AS SUCCESSFUL AS YEAR 2020 WHEN THE COMPANY IS MAKING ALOT OF PROFITS! BUT WHERE IS THE MONEY???! PLEASE BE REASONABLE FINTEC GLOBAL. I HAVE BEEN FOLLOWING THEIR NEWS FOR YEARS.
1 month ago
FINTEC GLOBAL, YOU HAVE PICKED UP BAD PRACTICES OVER THE YEARS ESPECIALLY EVERY 3 YEARS, YOU WILL GO INTO CONSOLIDATION AND OFFERING WARRANTS AND RIGHTS. YOU KEEP GETTING YOUR SHAREHOLDERS TO GIVE YOU MONEY FOR EXPENSATION AND WE ARE PAYING YOU THRU SIGNING UP THE RIGHTS FOR WHAT???!
YOU ARE WELL PAID, MR TAN SEEK EIIK AND TEAM! YOU MANAGED OUT MONEY THRU SHARES AND THIS IS WHAT HAPPENED???? IS THIS HOW YOU REWARD US?
1 month ago
NOBODY IN THEIR WORLD IS CONTINUOUS SMART AND HAVE SUCCESSFUL CAREER! IF YOU HAVE THE RIGHT ATTITUDES AND CARE FOR PEOPLE WHO ENTRUSTED YOU, GOD WILL REWARD YOU 3 TIMES MORE, MR TAN SEEK EIIK!!!!
1 month ago
They don't care . As long as money keep flowing in
1 Event - Fri, 27th Oct 2023
Fintec Global Berhad, Annual General Meeting, Nov 28, 2023
Fintec Global Berhad, Annual General Meeting, Nov 28, 2023, at 10:30 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and the Auditors thereon; to re-elect Dato' Seri Abdul Azim Bin Mohd Zabidi, a Director who is retiring in accordance with Regulation 97 of the Company's Constitution; to re-elect Ms. Ong Siew Min, a Director who is retiring in accordance with Regulation 104 of the Company's Constitution; to approve the payment of Directors' Fees up to MYR 708,000.00 for the financial period from 1 July 2023 until the conclusion of the next AGM; to re-appoint ChengCo PLT as the Auditors of the Company and to authorize the Directors to determine their remuneration for the ensuing year; and to consider other matters.
1 month ago
Daily88
DAILY88 : NOBODY IN THEIR WORLD IS CONTINUOUS SMART AND HAVE SUCCESSFUL CAREER! IF YOU HAVE THE RIGHT ATTITUDES AND CARE FOR PEOPLE WHO ENTRUSTED YOU, GOD WILL REWARD YOU 3 TIMES MORE, MR TAN SEEK EIIK!!!!
MAY DAILY88 GETS HIS WISHES COME TRUE IN THE FUTURE. MR. TAN SEEK EIK , DOES HELP TO GAIN BACK HIS CREDITABILITY AND TRUST FROM THE INVESTORS. GOD WILL REWARDS YOU MANY TIMES MORE. _/\_ _/\_ _/\_
1 month ago
FOR NEWBIES
FINTEC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 31 Jan 2023.
===================
Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2024 in progress - FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
1 month ago
QR is good ie EPS 0.59 sen why 0.5 sen left? PH(PM-X) not good more correct?
1 month ago
PROPOSED SHARE CONSOLIDATION
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 26 February 2024, approved the Proposed Share Consolidation.
This announcement is dated 26 February 2024.
=================
Fast approval from bursa authority
Implementation of share consolidation coming very soon.
1 month ago
EGM soon maybe after Mid-March 2024. So, awaiting announcement of ex-date after that.
4 weeks ago
Another quarterly losses
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3425957
4 weeks ago
Look at page 2 of 15 on the above report.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227242&name=EA_FR_ATTACHMENTS
(14.637 MM) losses due to share investment elsewhere.
4 weeks ago
consolidate 10:1, then drop back to 0.005, market cap 2.96m?
I think this a good candidate for RTO. Those malas to public list company themselves and do share swap.
Report subsidiary profit RM10m, terus 0.005sen fly up 50sen. Just wait and see.
4 weeks ago
FOR NEWBIES
VIZIONE is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 6 March 2024.
===================
Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2024 in progress - VIZIONE, FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
3 weeks ago
Reminder to newbies to be carefully if holding high NOSH low price penny stocks, many of which had undergone shares consolidation and then followed by fund raising by smart directors to collect more money from shareholders via rights issue
3 weeks ago
FOR NEWBIES
CIRCULAR IS OUT
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN FINTEC ("FINTEC SHARES" OR "SHARES") INTO 1 FINTEC SHARE ("CONSOLIDATED SHARE") ("PROPOSED SHARE CONSOLIDATION") | https://www.klsescreener.com/v2/announcements/view/6654005
2 weeks ago
CONSOLIDATE 30:1 EGM 02/APRIL/2024 AT 11AM VIRTUAL EGM ONLY. I THINK IT'S GOOD IF YOU HAVE MILLIONS OF SHARES, GIVING OPPORTUNITY FOR FINTEC TO MOVE UP EASILY ONCE AFTER CONSO. PRICE WILL MOVE UP AS THERE ARE 30 TIMES LESS SHARES IN THE MARKET. IF DROP, WE CAN STILL BUY SOME MORE TO KEEP SO THAT WE CAN REDUCE OUR AVERAGE BUYING COST FOR FINTEC MORE EASILY. I BELIEVE FINTEC SHARE PRICES CAN MOVE UP WITHOUT MUCH HINDRANCES AS THE NTA (NET WORTH) THEN WILL BE APPROXIMATELY RM1.20 PER SHARE. SELLING WISE, IT'S EASIER TO SELL AS SELLING A SMALL AMOUNT OF SHARES REPRESENT 30 TIMES OF WHAT WE ARE HOLDING NOW. OBVIOUSLY, I AM VOTING FOR THE EGM. I THINK IT'S A VERY GOOD MOVE, PROVIDED THE MANAGEMENT DO NOT THINK OF ADDING NEW PRIVATE PLACEMENT OR ESOS TO ADD NEW SHARES ANYMORE. THIS IS EXTREMELY IMPORTANT FOR THE BENEFIT OF ALL FINTEC LOYAL SHAREHOLDERS.
2 weeks ago
SC confirms raid on some listed firms over suspected abuse of fund-raising activities
https://theedgemalaysia.com/node/704599
2 weeks ago
Regarding those Fintec-PA I have, I apply to convert them to Mother Shares today. Submitted my Filled Up Form - Original Copy signed passed to Tricor Customer Service Counter at Ground Floor, Tower A, Vertical Business Suite, Bangsar South. They required RM20.00 as service charge for conversion using surrendering of 11 Fintec-ICPS to 8 Fintec share method. Good luck to all of us, Fintec Global Loyalist.
1 week ago
Cheated : Fintec RI nobody in i3 subscribe true?
THERE IS NO RI FOR FINTEC UNDER THIS CONSOLIDATION EXERCISE UNLIKE MLAB, AT AND OTHERS.
FINTEC EGM IS ONLY FOR CONSOLIDATION OF SHARES FROM 30 TO 1. THAT'S ALL. OUR MAIN PURPOSE OF CONSOLIDATION IS TO REDUCE THE HUGE NUMBERS OF EXISTING SHARES BY 3O TIMES SO THAT FINTEC FUTURE SHARES CAN GO UP WITHOUT HINDRANCES. WHAT IS THE POINT OF CREATING MORE SHARES BY RIGHT ISSUE, PP OR ESOS ? IT DEFEATS THE PURPOSE OF SHARE CONSOLIDATION EXERCISE. PLEASE PROTEST IF THERE IS RI , PP OR ESOS IN THE FUTURE UNLESS THERE IS A NEED FOR MORE FUNDS FOR VERY USEFUL PURPOSES.
1 week ago
NOTED THAT WE ARE VERY CONCERNED WITH THE LATEST RAID BY SC ON THE MAFIA CORPORATE CASE.
AFTER READING THE SC NEWS ABOVE, NOTE THAT KENNETH VUN ( UNDER THE ARM OF SANSTON FINANCIAL CORP LTD ) ONLY INVOLVED FINTEC GLOBAL AT THE INITIAL STAGE WHERE FINTEC PRICES WENT UP TO 16.7 SEN AT ONE TIME A FEW YEARS BACK. MANY INVESTORS SUFFERED SERIOUSLY AFTER FINTEC SHARES WENT UP AND TUMBLING DOWN TO HALF A SEN NOW. THOSE EARLY INVESTORS INCLUDING RI , ICPS , PP, SIS AND ESOS INVESTORS ALL REALLY HATED HIM SO MUCH FOR SIPHONING THEIR HARD EARNED MONEY.
TODAY, LUCKY TO SAY, KENNETH VUN, SOPHIA CHIN, VICTOR CHIN BOON LONG, CAROL VUN, GRACE VUN, MAK SIEW WEI AND BENSON TAY ARE NOT INVOLVED WITH OUR FINTEC DIRECTLY. THERE ARE TWO OR THREE PROXIES OF KENNETH VUN DETECTED STILL SITTING ON THE BOARD OF SEACERA AS AT TODAY.
I AM VERY PLEASED THAT FINTEC RECENT EXERCISE ONLY ASKED FOR SHARE CONSOLIDATION 30:1 AND NOT ADDING ANYMORE NEW SHARES LIKE RI & NEW WARRANT TO FINTEC LATELY. WHEN MLAB AND ATS WENT FOR THEIR CONSOLIDATION, THEY DID ASKED FOR RI PLUS FREE WARRANTS WHICH DEFEATED THE PURPOSE OF THEIR SHARE CONSOLIDATION EXERCISES. SUCH NEW PP, RI WITH FREE WARRANTS CERTAINLY MEANS THERE IS ELEMENT OF CHEATING ON THEIR CURRENT INVESTORS MORE OUT OF THEIR HARD EARNED MONEY.
HOW TERRIBLE - KENNETH VUN & THEIR PROXIES WERE DOING ???!!!???.
AS FINTEC SHAREHOLDERS, WE MUST KEEP A VERY CLOSE EYES WATCHING THESE PROXIES MOVEMENTS.
TO OUR BOARD OF DIRECTORS OF FINTEC GLOBAL BERHAD, PLEASE DO NOT ALLOW ANYMORE OF SUCH MANIPULATION IN OUR GROUP OF COMPANIES IN FINTEC FROM NOW ONWARDS. THANK YOU VERY MUCH.
1 week ago
Very well said Musang King.
EVER SINCE 2020, so many bad news of FINTEC being circulated on i3. I hope the company really come out to clean up the image of FINTEC GLOBAL. Image of a company is very important.
1 week ago
Consolidate for the goodness and benefit of the All the Shareholders is OK. Don't consolidate and then issue new shares again using whatever methods to cheat the investors from their hard earned money. Example is MLAB and EDU-SPEC recently.
1 week ago
A company image is very important. When received backlash from some public, a company will try their best to ratify.But Fintec didn't. Being label as con, money laundering, is a tarnish image for company like Fintec. It only strengthen the roadside rumors that Fintec is a con.
I hope Fintec can explain it. Please don't play the silent game. Shareholders are worry.
1 week ago
[FINTEC] Conversion of Preference Shares on 26-Mar-2024
Stock
[FINTEC]: FINTEC GLOBAL BERHAD
Announcement Date
26-Mar-2024
Listing Date
27-Mar-2024
New Type/Class?
No
Type
Conversion of Preference Shares
Details
Conversion of Irredeemable Convertible Preference Shares
No. of shared issued
3,300,000
Issue Price
Malaysian Ringgit (MYR) 0.110
2 days ago
I got my Fintec-PA converted to Fintec Shares listed today 27/3/2024. Service Charge RM20.00 cash paid to TRICOR Customer Service Counter at Tower A, Ground Floor of Vertical Biz Suite, Avenue 3, Bangsar South.
1 day ago
BLee
“Musang King
… What if Fintec Shares never go back to above RM3.30 a share at all thus rendering Fintec ICPS all useless. Do you think so like me, BLee?”
@Musang King, not really useless as 0.783B buying bids at 0.005 available if willing to sell. Last few days, close to 0.3B just did the selling. As those invested during ICPS RI, there are many opportunities to sell, then.
Please refer to latest Profile for Securities of PLC, Link: https://www.klsescreener.com/v2/announcements/view/3283247 , and after Consolidation if happen, will be revised. At that particular time, paying 8 sen will get 1 ICPS and 5/4 Warrant C. We never know what the current price is, then. The 5/4 Warrant C is the sweetener, and could have been sold with definite gain.
Upon maturity, this 8 sen will be used as calculation for the auto convert. Therefore the question of 8 sen x 30 equal Rm2.40 or RM2.40 x 11/8 equal RM3.30 for auto conversion is irrelevant for whatever present buying price currently..definitely not useless. As I always mentioned, TradeAtYourOwnRisk, is the calculated risk we take at that particular point of time; like buying at 0.005, after Consolidation if it happens, will be 0.15. Price/value will be inversely proportional with the Consolidation value..I am still learning, wonder what will happen to this 8 sen or RM2.40 or RM3.30 upon conversion with cash/auto conversion and/or any other method?? Time will tell.
1 month ago