tee john's comment on FINTEC. All Comments

tee john
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Instead of the high unrealised profit from fair value gain, the increase of Revenue should be noticed, it means fintec have dispose some of its investment and thus having a huge realisable profit, it’s quite ideal. The cash flow is also quite ideal (around 20+m liquid cash flow) for an investment holding company. The current assets (majority are deposit) are around 66m while the current liabilities are 40+m, it show an ideal current ratio, however, fintec should aware that it own merely 660k of cash and bank balance. It also noticeable that it’s low probability that fintec will announce dividend as (1) it keep raising equity through private placement for its new investment in the recent years (2)low cash reserves (3)doesn’t have the habit to provide dividend Something very important is related to the investments portfolio of fintec (FOCUS, DGB, KOMARK, AT, SAUDEE, SAECARA, CL HOTEL, NETX, MLAB, VSOLAR), most of them are currently overvalued. Moreover, most of them are confronting with huge loss in this qr except FOCUS and NETX (merely paper gain in fintec portfolio). In the end, I believe the next qr will boost up significantly and congratulations to everyone still holding fintec.
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Ong Hock Guan
So what tp on Tuesday???
Like · 4 years · translate
mp Chu
Yeah.. quarter out ad...
Like · 4 years · translate
Hwang Soo Hian
0.2 not ok! 0.46 ok
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Gavin Ho
agree with you John
Like · 4 years · translate
tee john
I guess will around 0.2-0.3, but low possibility to limit up, always be prudent yah, don’t have such high expectations to limit up. As long as it will rise, we should appreciate, if really limit up, then is a special gift for us
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Like · 4 years · translate
tee john
And also, I found the biggest shareholder in fintec is UOB,the second biggest shareholders is HSBC, and others such as HLB, CITIgroup, Maybank and a lot of IB。 The convertible preference shareholders also held by UOB Kay Hian, the stock exchange company
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1 Like · 4 years · translate
tee john
Anyway, the tp are not so important for all of us, everyone have their own tp, don’t argue too much on it yah. As long as we knew that, there are more new investors realised and found the existence of fintec especially in this period which the share price of any stocks will shooting up unreasonably on the news, rumours and trends; that’s for sure that it will shoot up quite high, and you guys just sell it when it reach your own tp (but my suggestion is selling by portion, set few tp yah)
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Like · 4 years · translate
Wooi Lin Tan
看起来这么多家公司合作 seacera 好像比较可以哦!可以进点来准备哦!
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JAYKEN LIEW
tee John... can u have proof on those banker u mention? because I don't really find out such things in this company. What I find out is merely 80% are genaral public share holding...
1 Like · 4 years · translate
tee john
You look at the last year annual report and search around 107pages +, you might get it, for the ordinary shareholders and preference shareholders
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tee john
Quarter report only show result, annual report will show the entire view and also their investment portfolio
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JAYKEN LIEW
you check again current one.. last year .... already pass new one... mostly are individual investor.. xD...
Like · 4 years · translate
tee john
UOBM held the same volume which is 6 & 2 percent in ordinary shares (the largest), 9 percent in preference (second largest); and etc for bank and IB and I have to noticed that do you aware the fintec preference share keep converting to ordinary share? And most of its preference shareholders are BANK and IB.
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Like · 4 years · translate
tee john
However, the thirty top shareholders only held 33% fintec shares, mean huge shares dilution for fintec, it should be emphasised to everyone.
Like · 4 years · translate
mp Chu
Conversion of preference share to ordinary share at price 0.16, mean that 1st. Company in good profit allowing conversion. 2nd. the shareholder forseen increment in share price hence converting?
Correct me if I misunderstanding...
1 Like · 4 years · translate
tee john
sorry jayken I just saw the new annual report, agree with what you said yah
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JAYKEN LIEW
haha.... now u know why price cannot go up so fast.... just wait and patient.
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JAYKEN LIEW
suggest look look KNM.
Like · 4 years · translate
tee john
For KNM, I have identified today have some weird volume trading, just like fintec, few sudden cancels of buying volume and also selling volume in significant volume
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tee john
Anyway you still holding fintec right?
Like · 4 years · translate
Gavin Ho
Fintec will continue to trade in tight range to minimize speculative play. It will climb gradually with mild correction in between. Be patient as value shall emerge eventually.
1 Like · 4 years · translate