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Last Price Today's Change   Day's Range   Trading Volume
0.075   +0.005 (7.14%)  0.07 - 0.075  74,602,500
20,471 comment(s). Last comment by Daily8 at Jul 4, 2020 10:11 PM
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azta12
4821 posts

Posted by azta12 > Jul 3, 2020 4:41 PM | Report Abuse

looks like programme buying


jamesooi
340 posts

Posted by jamesooi > Jul 3, 2020 4:42 PM | Report Abuse

and also distribution and selling more shares at RM 0.075


jamesooi
340 posts

Posted by jamesooi > Jul 3, 2020 4:46 PM | Report Abuse

Look like operators are painting the chart at RM0.075


azta12
4821 posts

Posted by azta12 > Jul 3, 2020 4:46 PM | Report Abuse

otw to 0.10


jamesooi
340 posts

Posted by jamesooi > Jul 3, 2020 4:54 PM | Report Abuse

WOW 60+ million shares changing hand at RM0.075 per shares les than 30 minutes, Who is Buying?


azta12
4821 posts

Posted by azta12 > Jul 3, 2020 4:57 PM | Report Abuse

new shareholders, had been accumulating .heavily frm 0.070. will not see this lvl soon.


jamesooi
340 posts

Posted by jamesooi > Jul 3, 2020 5:08 PM | Report Abuse

on 1/7 price traded at RM0.065 to RM0.075, 213+ milion shares changed hand.
on 2/7 price traded at RM0.007 to RM0.075, 32.5+ milion shares changed hand.
and today on 3/7 price traded at RM0.007 to RM0.075, 74.6+ milion shares changed hand and 61.6 million shares traded at RM0.075 per share.
Look like operators are moving this share to the higher price very soon.
Just 3 days almost 310 +million shares traded.
Who is Buying or who is moving the price higher?


wjc4195
189 posts

Posted by wjc4195 > Jul 3, 2020 7:35 PM | Report Abuse

i suspect it will go back to .07 bf next push. small buy nos at 5000 less jamesooi is right only daytraders and operators buy like this


jasonk
72 posts

Posted by jasonk > Jul 4, 2020 10:18 AM | Report Abuse

Monday will be a good day


kelvin17
376 posts

Posted by kelvin17 > Jul 4, 2020 11:06 AM | Report Abuse

sold at 0.075 make some money happy can already , will come back if it break 0.1 which may take some time ...


Rakuten88
142 posts

Posted by Rakuten88 > Jul 4, 2020 1:34 PM | Report Abuse

Will take time for price to move from 0.075..just up from 0.055


Daily8
3762 posts

Posted by Daily8 > Jul 4, 2020 2:49 PM | Report Abuse

asiaply 5 c moved to 26c on Friday.

Fintec, 6.5c moved to 7.5c on excellent profit qr.

what are their different?


greedy44444
258 posts

Posted by greedy44444 > Jul 4, 2020 6:47 PM | Report Abuse

If Fintec could be able to acquire more glove private companies like what AT and Anzo did, surely the price will triple in one week.


Daily8
3762 posts

Posted by Daily8 > Jul 4, 2020 7:33 PM | Report Abuse

FINTEC NEED TO TURN THE PAPER PROFITS THEY CREATED FROM FOCUS, AT, VSOLAR, AND REALLY WITH UPMOST GOOD FAITH , SINCERE WITH THE PROFITS!

IF THEY KEEP PUSH UP SHARES AT FOCUS, AT, VSOLAR, WITH NO PROFIT ABSORBED INTO FINTEC BANK ACCOUNT, IT'S AS GOOD AS OVER PROMISING AND WITH THE INTEND TO MISLEAD!!!


Daily8
3762 posts

Posted by Daily8 > Jul 4, 2020 7:39 PM | Report Abuse

https://www.pressreader.com/malaysia/the-star-malaysia/20131125/283377649743955

THOSE WHO BUY FINTEC MUST READ THIS.


Investor 9999
160 posts

Posted by Investor 9999 > Jul 4, 2020 7:40 PM | Report Abuse

Focus shares transaction to me it is not Credit Suisse buying the shares but clients who open accounts with Credit Suisse overseas. It can be anyone or operators doing it to impresse investors. A lot of investors being misled that Credit Susse a big name is buying Sharesd


Investor 9999
160 posts

Posted by Investor 9999 > Jul 4, 2020 7:42 PM | Report Abuse

Focus is another Malaysia Boleh Co. At RM1.01 the market capitalization of RM2.065 billion. It has poor financial performance for both the top and bottom line in the last 5 Financial Years.

The net asset or total equity of the Co as at 31 March 2020 was RM41.5 mil though its paid up share capital was RM86.97 mil. The CO has accumulated losses incurred since its listing of RM46.8 mil. Surprisingly, the share price kept creeping up dubiously. Howe could the market so illogically valued it at RM2.065 bil compared to its net asset of RM41.5 mil.

Poor investors could get burn to ashes when reality check come and noted its financial cannot justify the share price. Price being goreng up and cornered by the main players with self interest could only explained the illogical price of RM1.01

I am amazed Focus is valued at RM2.065 bil. I noted the key shareholder is Fintec with 25.3 %. Studying list of 30 top shareholders and changes in substantial shareholders noted most shares are all held thru Credit Suisse Dublin and HK plus other reputable overseas Nominees without naming the beneficiaries to let the market think big names are holding the shares.

I WONDER WHY WOULD INTERNATIONAL INVESTORS WOULD WANT TO INVEST IN SUCH POOR FINANCIAL CO. I think this is certainly unlikely but most probably proxies of interested parties or operators who has interest in pushing its share price up and misleading the market with international names buying the shares.

From the 31 Dec 2019 Annual Report, it turnover was RM39 mil and reported a net loss of RM1.89 mil. Look at the financial summary below for the last 5 financial years and note that except for FY 2017, the Co reported losses for last 5 Financial years from 2015 and turnover for the Co has been less than RM39 mil.

Review the Q1 31 March 2002, the Group’s revenue decreased marginally from RM9.95 million in corresponding quarter of last year to RM9.28 million in the current quarter, representing a decrease of RM0.67 million or 6.72%. When compared to the preceding Q4, the Group registered a decrease in revenue to RM9.28 million from RM9.95 million in the preceding quarter, representing a decrease of 6.72% or RM0.67 million. The Group registered a PAT of RM0.75 million as compared to LAT of 3.03 million in the preceding quarter due to impairment loss of financial assets of RM2.16 million, Interest of Right of Use Assets (“RUA”) of RM0.56 million and depreciation of RUA of RM1.30 million during the quarter with the adoption of MFRS 16 for FYE 31 December 2019.

The question investor got to ask is the Co worth RM2.065 bil. The share price is 1.01 and for FY 2019 and 2018, it reported loss earning per share of 0.09 Sen and 0.16 Sen respectively. Q1 2020 earning per share 0.04 Sen


Investor 9999
160 posts

Posted by Investor 9999 > Jul 4, 2020 7:58 PM | Report Abuse

Interested parties are the one who pushed the shares of Focus and churning it from left to right pockets to push it up. In March when the Market collapse, it defied gravity and went up and closed 31 Mar 2020 at 68 Sen compared to 31 March 2019 of 13.5 Sen . This generate the fair value gain of RM 242 mil gain reported in the Q4 FY 2019 account. Fintec two other listed co investment AT and Vsolar were in paper loss position at 31 March.


Investor 9999
160 posts

Posted by Investor 9999 > Jul 4, 2020 8:00 PM | Report Abuse

Why raise capital thru PP again when Fintec can unlock its investment in Focus which is valued at about RM 279 mil. As shareholders we should question the Board


NoEmo
1052 posts

Posted by NoEmo > Jul 4, 2020 8:14 PM | Report Abuse

Fintec's stable of stocks r now focusing on technology and healthcare, the 2 key industries that r currently under focus in the world.. It's gradually evolved itself into a giant conglomerate for exponential growth in next 3 years down the road.


Daily8
3762 posts

Posted by Daily8 > Jul 4, 2020 10:11 PM | Report Abuse

Investor 9999, have asked the question. They said it's for long term investment reason.

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