Musang King

Beststock | Joined since 2015-07-21

Investing Experience Intermediate
Risk Profile Moderate

Tunggu Durian Jatuh

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Stock

4 days ago | Report Abuse

EGM soon maybe after Mid-March 2024. So, awaiting announcement of ex-date after that.

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6 days ago | Report Abuse

USD2,200 BY YEAR END 2024 REASONABLE. CHEERS.

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6 days ago | Report Abuse

A-Elder, you must have already a US stock trading account. My Account is new. I newly applied thru my remiser. I still have not got my ARB-IOT shares yet. They say I have to wait for 2-3 weeks.

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1 week ago | Report Abuse


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. _/\_ _/\_ _/\_

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1 week ago | Report Abuse

Thanks ARBB for distributing ARB-IOT shares vide Letter received today from ARBB Aldpro Corporate Services Sdn Bhd with a V Stock Statement stating I received 35,000 shares on the 26th Jan 2024. Thank you very much. I shall cherish these ARB-IOT shares now worth USD2.52 each as at last Friday's close at 4pm.

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3 weeks ago | Report Abuse

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.

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3 weeks ago | Report Abuse

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.

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3 weeks ago | Report Abuse

BLee : I prefer to use maturity for ICPS rather than expiry, as like FD maturity, you get interest $ (some ICPS entitle for Dividend) plus principle $ upon maturity. YES, YOU GOT IT. Use the word "Maturity" for ICPS and the word "Expiry" for Warrants. YES. ICPS auto convert and do not need to add any $. Each ICPS pre-payment after Consolidation is already equal to RM2.40. ICPS during Right Issue already โ€œdepositedโ€ $, in my case getting 0.005 for a pre-paid of 0.08 and upon Consolidation getting RM2.40 (actual paying 0.005 x 30 equal 0.15). The worth of 1 Fintec price upon maturity is in Question now after Consolidation. I would truly suggest that whoever having ICPS to apply conversion of their ICPS to Fintec shares before the Consolidation in order to avoid them being eaten up by the Syndicate later on where ICPS market worth can also go back to half a sen or 1.0 sen after consolidation as the future market prices of Fintec shares are uncertain. I want to ask a question. 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?

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3 weeks ago | Report Abuse

Panic sellers at half a sen were 8.8 mil and 135mil yesterday and on Friday 2/2/2024. Today, there were no more panic sellers throwing at half a sen but all mostly done at 1.0 sen at Seller's price. STRANGE WORLD.

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3 weeks ago | Report Abuse

BLee

@Musang King, very good observation. I have just posted my Humble Opinion and method to collect "toilet paper" at 0.005; so far quite successful. You needs to open minimum 2 screen to see the bids; cancel the order if the seller cancel the sell order.. so far quite successful. You also must observe how many sellers and the volume. The link: https://klse.i3investor.com/web/blog/detail/BLee_Fintec_Group/2024-02-02-story-h-189346541-Fintec_Consolidation_Pros_and_Cons

BLee, I concur with you 100%.

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4 weeks ago | Report Abuse

By Right or by Law, Fintec Management should wait until the expiry date of ICPS ie 4th December 2027 to do this CONSOLIDATION EXERCISE. ARBB did that recently and they waited ARBB-PA to expire in order to do their Dividend-in-specie exercise altogether smoothly.

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4 weeks ago | Report Abuse

This ICPS issue is a very tricky and ambigious scenerio for the future . After Consolidation, if ICPS holders are still holding them till expiry date, they need to top up RM0.90 to get a unit of Fintec share after surrendering one unit of ICPS worth RM2.40. (RM0.08 x 30) That's very expensive. But if one uses the surrendering of full 11 ICPS to get 8 Fintec Shares, that's OK. Note : 11 ICPS = RM26.40 to get 8 Fintec Shares worth theoretically RM3.30 X 8 but it would be very uncertain then as it depends very much on the market prices of Fintec then. Summary : The Future of the unconverted ICPS are very uncertain. It is advisable to convert them now before the Consolidation comes in to avoid facing this Dilemma.

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1 month ago | Report Abuse

For Warrants A holders, their Warrants would surely got burnt as the expiry date is only 19th April 2024. Too late to wait for Fintec Shares to move up unless miracles do happen which is near impossible. The theoretical maximum scenerio for ICPS and Warrants A as proposed by Fintec lately are only a "Dream" which are absurd possibility. Most probably Fintec would not a get a sen or so from the the Warrants A holders as the Warrants A will soon expire before or as soon as the Consolidation is over. But anyhow, TA Securities have to write it as such as they have to write an account for the Warrants A holders who still having Warrants A validity till the 19th of April 2024.

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1 month ago | Report Abuse

If Fintec ICPS holders still ignore the conversion, their existing ICPS they are holding will be reduced by 30 times and the adjusted price will increase to RM0.30. The company needs 11 ICPS of 30sen each to convert to the Mother Share. Meaning it required RM3.30 to get a Mother Share after consolidation or 11 ICPS shares.

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1 month ago | Report Abuse

As Announced by the TA RESEARCH BLOG today, Fintec Global Bhd is planning to consolidate every 30 of its shares into one share, on a date to be decided later.

So starting from today onwards, those who sell Fintec Shares and Fintec PA at a loss of half a sen surely do not have any confident at all towards the Fintec Share Consolidation proposal. There are many sellers coming all the way from now till the Cut Off Date yet to be announced. Those optimistic one would capitalise on this and buy up all these half a sen shares and wait for share prices improvement. We definately have no chance of buying as the Buying Queue is so long....over 1 billion shares waiting to buy. Those who queued very early on will get to buy. Unless there are very huge sellers. For those Half sen buyers of ICPS, there is still a 45% gain if these ICPS buyers can buy now and convert them before the Consolidation Exercise based on converting 11 ICPS to 8 Fintec Shares allowable now. Surely there will be a rush to queue to buy ICPS at half a sen from now on.

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1 month ago | Report Abuse

After Consolidation Announcement, the reaction from Fintec shareholders are 83% against and 17% support based on the Numbers of Shares traded between 0.005 and 0.01 sen today. Afterall, Shareholders do not like the consolidation exercise fearing that there is dirty tactic behind the scene in wiping out all the shareholders money. But there are only 17% who support the idea of consolidation. Based on my opinion, I think the consolidation of 30 to 1 is a very drastic action indeed but if the Management thinks that they are doing the shareholders a favour, let's give some encouragement to the Management as I believe the Management must have their own Plan to get the Prices of Fintec Shares improved. If the Management of Fintec have an Ulterior Motive behind this Consolidation Exercise, That's too Bad and Investors would curse them. I am very sure of this. I hope the Management's idea of Consolidation is Genuine and genuinely want to help to improve the Fintec Shares in the Future. I truly hope and pray Fintec Directors are Genuine and Sincere. May God Bless All Fintec Shareholders a Smooth Success and Prosperity in the future. GOD BLESS. ๐Ÿ™๐Ÿ™๐Ÿ™

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1 month ago | Report Abuse

Today Ex-Date ARBB immediately re-corrected its price to 3.5 sen a share traded at opening 9.00am but strangely due to demands, ARBB went up to 6.0 sen. What's up, ARBB ?

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1 month ago | Report Abuse

This ARBB today is acting very strangely. Despite today 19/1/2024 is an ex-date for Dividend in Specie distribution, yet the price of ARBB drops very little. Anything up that we do not know. Please advise. Strange ARBB.

Already INFORMED BY BURSA very clearly on the Ex-Date :
How to be entitled -
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

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1 month ago | Report Abuse

Should be the Final and the Last Batch of PA conversion to Mother Shares. Listing tomorrow 19/1/2024.

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1 month ago | Report Abuse

Just Announced Today - Listing will be tomorrow 19/1/2024 regarding : Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 11,931,829

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1 month ago | Report Abuse

I am treating my risky investment into ARB-IOT as like hedging into the US Dollars as the latest current news from Bernama says as follow :- "At the current juncture, the US dollar/ringgit will continue to flirt around the RM4.70 level. The current support and resistant level stands at RM4.6611 and RM4.7958 respectively," he told Bernama.

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1 month ago | Report Abuse

I also saw the Red Alerts you posted. That's why I stopped buying in anymore. Better be careful not to put so much of my eggs into one basket. Thanks felet404. I am observing. Even the Nasdaq side ARB-iot price dropping every day.

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1 month ago | Report Abuse

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

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1 month ago | Report Abuse

Based on their Historical Records only. If they are Fakes, we are putting ourself to Risk. Thanks felet404 for your Alert.

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1 month ago | Report Abuse

Currently performance in Nasdaq is USD1.42. If compared with our Malaysian Price of RM0.09 their Nasdaq price should be USD1.38 per share there. But our Malaysian price drops to RM0.08 now. But the Nasdaq price is still higher than our Malaysian Price in comparision. Still worth to buy if ARBB drops lower than RM0.09 per share here. My sincere opinion only. Trade at your own risk.

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1 month ago | Report Abuse

2024-01-10 2024-01-11 2024-01-12 2024-01-16
Last 1.58 $ 1.52 $ 1.45 $ 1.42 $
Volume 23 458 53 127 17 385 26 328
Change -0.63% -3.80% -4.61% -2.07%
Opening 1.60 1.56 1.49 1.41
High 1.61 1.60 1.55 1.49
Low 1.54 1.48 1.45 1.41

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1 month ago | Report Abuse

Thanks Yuan28 for the info regarding the new application for a Foreign Account after we got our Dividend-in-specie from ARBB. Thank you.

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1 month ago | Report Abuse

ARBB-PA delisted yesterday 16-1-2024 but we investors have not received the auto conversion to ARBB shares yet. The Management should automatically inform us and change our ARBB-PA delisted to ARBB shares without any delay. PLEASE. TQ.

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1 month ago | Report Abuse

I think that would be arranged by the Management as stated "The Entitled Shareholders will receive their entitlements to the Distributable Shares at no cost." It means to me that They will arrange everything to us at no further cost and allow us to trade altogether with an account linked to our Normal Trading Account in Malaysia. If I am wrong, please correct me. TQ.

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1 month ago | Report Abuse

Door gifts only to those who attended, Right? I did not attend, so no gift for me.

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1 month ago | Report Abuse

Next week 5 days left to give yourself a chance to get Dividend in Specie of 14 Nasdaq Share of ARB-IOT for every ARBB shares you buy from KLSE. I have bought mine and the ex-date is on the 19/1/2024. I have never own any Nasdaq or Overseas shares before. Hope I got to taste what owning Nasdaq Shares is like. If you ask me to buy straight from the Nasdaq Trading, I won't because No.1, they are all mostly very expensive. No.2, they are all very foreign to me.

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1 month ago | Report Abuse

EX-date 19/1/2024.

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1 month ago | Report Abuse

Date Open High Low Close* Adj Close** Volume
Jan 10, 2024 1.6000 1.6100 1.5400 1.5800 1.5800 23,500
Jan 09, 2024 1.6700 1.6700 1.5200 1.5900 1.5900 43,500
Jan 08, 2024 1.4300 1.7000 1.4300 1.4900 1.4900 52,100
Jan 05, 2024 1.6500 1.7000 1.4500 1.4600 1.4600 63,700
Jan 04, 2024 1.7200 1.9000 1.6700 1.6900 1.6900 81,600
Jan 03, 2024 2.2400 2.2400 1.7000 1.7700 1.7700 136,800
Jan 02, 2024 2.5000 2.5000 2.0600 2.2300 2.2300 160,200
Dec 29, 2023 2.4000 2.6000 2.3000 2.5500 2.5500 256,300
Dec 28, 2023 2.2100 2.6390 2.1500 2.5200 2.5200 895,900
Dec 27, 2023 2.4400 2.4400 1.8900 2.3200 2.3200 2,677,400
Dec 26, 2023 2.2500 4.5400 2.1540 2.5900 2.5900 99,429,200

News & Blogs

1 month ago | Report Abuse

Sack the Dicky Kok. At this time, still act arrogant. Think she cannot get to be a Minister. Now trying to be a Monster creating havoc for DSAI now that the Dubai Move is on.

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1 month ago | Report Abuse

Target 50 sen by May 2024 and 60 sen by Jun 2025 in order to push clearing all their Warrants by then. Possible moves.

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1 month ago | Report Abuse

Sorry, NTA for Joe adjusted to 60 sen per share after consolidation 10:1 recently.

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1 month ago | Report Abuse

Remember Joe Holding's NTA only 6 sen but today Joe went up to 25.5 sen. Fantastic performance.

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1 month ago | Report Abuse

The shareholders of the Company whose names appear in the Record of Depositors of ARB Shares as at 5:00 p.m. on Monday, 22 January 2024 ("Entitlement Date") shall be entitled to the Dividend-in-Specie ("Entitled Shareholders"). The Entitled Shareholders will receive their entitlements to the Distributable Shares at no cost.

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1 month ago | Report Abuse

When we want to win Big, we must be Positive. LOL. DragonG, they have mentioned the ARB IOT shares will be received and transfer to us at no cost to us. See how they do it. Maybe open a new Nasdaq account for us all so that we can trade in our own Remiser's website together with our other KLSE shares.

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1 month ago | Report Abuse

Maybe his intention is to convert our ARBB shares to Nasdaq ARBIOT shares which is a Noble Move. Giving out Cash Dividends defeat this purpose. Don't you think so?

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1 month ago | Report Abuse

BUY FINTEC-PA AT 0.01 MEANS YOU ARE BUYING FINTEC AT 0.013.
FINTEC PRICE NOW IS TRADING AT 0.015 CURRENTLY.

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2 months ago | Report Abuse

HOLDING NASDAQ SHARES IS DEFINATELY MORE VALUABLE AND MORE MARKETABLE THAN OUR MSIAN MARKET SHARES. THE PROSPECT IS SURELY BETTER IN TERM OF PERFORMANCE AND RETURNS.

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2 months ago | Report Abuse

Description
DISTRIBUTION-IN-SPECIE OF UP TO 20,124,963 ORDINARY SHARES IN ARB IOT GROUP LIMITED ("AIGL") ("AIGL SHARES"), REPRESENTING APPROXIMATELY 76.12% EQUITY INTEREST HELD BY ARB BERHAD ("ARB") IN AIGL, ON THE BASIS OF 14 AIGL SHARES FOR EVERY 1,000 ORDINARY SHARES IN ARB ("ARB SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF ARB WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF ARB SHARES AS AT 22 JANUARY 2024 ("DIVIDEND-IN-SPECIE")

About ARB BERHAD
ARB Berhad, an investment holding company, manufactures and sells wood products primarily in Malaysia. It operates through five segments: Investment Holdings and Others, Manufacturing of Wood Products, Barging, Timber, and Information Technology. The company manufactures sawn timber and veneer. It also engages in the provision of scows and tug boats hiring services; consulting services for project management; management services; and timber contracting activities. In addition, the company is involved in reselling customized enterprise resource planning software system and information technology related services. ARB Berhad was founded in 1989 and is headquartered in Tawau, Malaysia.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
YES ; ONLY SAW THIS ANNOUNCEMENT TODAY. THANKS ABBA84.

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2 months ago | Report Abuse

Yesterday Night Closing : Currency in USD 2.23
Date Open High Low Close* Adj Close** Volume
Jan 02, 2024 2.5000 2.5000 2.0600 2.2300 2.2300 159,800

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2 months ago | Report Abuse

Thanks Abba84. Missed seeing the announcement. Here is the Historical Prices and Volume transacted in the US. Currency in USDDownload
Date Open High Low Close* Adj Close** Volume
Jan 02, 2024 2.5000 2.5000 2.0600 2.2300 2.2300 159,800
Dec 29, 2023 2.4000 2.6000 2.3000 2.5500 2.5500 256,300
Dec 28, 2023 2.2100 2.6390 2.1500 2.5200 2.5200 895,900
Dec 27, 2023 2.4400 2.4400 1.8900 2.3200 2.3200 2,677,400
Dec 26, 2023 2.2500 4.5400 2.1540 2.5900 2.5900 99,429,200
Dec 22, 2023 0.8350 0.9500 0.8350 0.9500 0.9500 4,600
Dec 21, 2023 0.9000 0.9000 0.7950 0.8070 0.8070 50,700

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2 months ago | Report Abuse

WHEN IS THE EX-DATE FOR DIVIDEND ENTITLEMENT FOR ARBB? ANYBODY KNOWS?

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2 months ago | Report Abuse

Last day 29/12/2023 Close at USD2.55

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2 months ago | Report Abuse

THESE 3 DAYS, ARB-IOT NASDAQ SHARES WENT UP TO USD2.52. GOOD NEWS.