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wanmustafacheabghani

Study fintec otw 0.21thumbup

27 Dec 2017, 12:29 PM
YAPSS

Hey! Today, R-Table will be covering $FINTEC(0150.MY) - Fintec Global Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.

Link: https://youtu.be/CePNieHgrrI 
#YAPSS #RTable #FintecGlobalBerhad #CashRichSeries

23 Jun 2019, 07:59 PM
ccwong9584

What the courter future?

 

08 Jun 2020, 07:54 PM
Samsam

Improved interest in.the counter . A good sign of acceptance..

Financial Services - Ace Market

High 0.065
Low 0.055
Volume 46,087,600
Volume (B/S) 19,966,900 / 16,829,500
Price Bid/Ask 0.060 / 0.065 

 

10 Jun 2020, 05:24 PM
Ryosuke

May I ask you guys what below mean

RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES IN FINTEC GLOBAL BERHADAT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH FREE DETACHABLEWARRANTS ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 4 FREE WARRANTS-CFOR EVERY 5 EXISTING SHARES HELD

27 Nov 2020, 10:28 PM
deutscherheld

Be careful of this fintec, i know it's past article but very true about fintec and it's management: https://www.klsescreener.com/v2/news/view/735539/anatomy-of-stock-market-scams

""There is a reason why some individuals control listed companies through cross holding structures. It reduces the holding cost. For instance, when Fintec Global buys a stake in another listed company, it forks out the money. But the major shareholders of Fintec Global control the new listed company indirectly.

Thirdly, one must look out for companies raising money through share placements, especially if the proceeds are to be used as working capital or to repay loans. The smaller the amount raised through a placement, the higher the scrutiny it warrants.

It is normal for companies to issue new shares to raise money to fund an acquisition.

The better managed companies have their substantial shareholders taking up some of the new shares as a show of commitment.

However, if the bulk goes towards working capital, there is no end to the company issuing more shares in future. Also nobody really knows what the working capital is used for.

Sometimes, it can also be used to buy shares in other companies or support the share price.

Also, if the bulk is used to repay loans, there is also a possibility of the company taking up more loans again. So, why risk taking up a stake in such companies?""

17 Dec 2020, 03:05 PM


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