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13,713 comment(s). Last comment by Alibaba007 at Mar 23, 2019 9:53 PM
 18 people like this.
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13 posts

Posted by lillie > Mar 20, 2019 1:51 PM | Report Abuse

sg999 Sumatec many people buy 50sen drop to 1sen because sumatec cash-flow 14K , short term debt 35 millions and current liabilities 360 millions fall into PN17 ,Next is different current liabilities 2.31 millions ,long term debt 2.4 millions and cash-flow 34 millions so buy 1sen go to 50sen.

13 posts

Posted by lillie > Mar 20, 2019 1:53 PM | Report Abuse

sg999 my daughter bank account money more than big listed company sumatec (only have cash 14K)

13 posts

Posted by lillie > Mar 20, 2019 2:06 PM | Report Abuse

sg999 you have PN17 sumatec ,i suggesst you sell hopeless sumatec change to brighter future Netx

370 posts

Posted by chesslim > Mar 20, 2019 11:00 PM | Report Abuse

the Netx is more than 300% return counter in this two year.

253 posts

Posted by multi530 > Mar 22, 2019 1:16 PM | Report Abuse

from 5 sen dropped to 1.5 Sen, what a 300% return for the moment

4 posts

Posted by sensonic > Mar 22, 2019 3:04 PM | Report Abuse

so cheap. today volume seem increasing.

Hashim Rizz
4 posts

Posted by Hashim Rizz > Mar 22, 2019 9:35 PM | Report Abuse

What can i say , Lim Guan Eng is STUPID.
Malaysia is Asia's sole stok looser.

Hashim Rizz
4 posts

Posted by Hashim Rizz > Mar 22, 2019 9:37 PM | Report Abuse

You all will cry because of this STUPID LIM GUAN ENG .. policy.

419 posts

Posted by prince4 > Mar 22, 2019 11:49 PM | Report Abuse

multi530 , Netx below Intrinsic value is company last year use SIS shares selling for press down the share price because this year warrant conversion price 5 sen expiry in 8june ,company don't want paid 31.2millions for conversion mother shares.Largest shareholder asiabiocap cost is 6 sen after warrant expiry asiabiocap will push back above 6 sen .

4 posts

Posted by sensonic > Mar 23, 2019 4:45 PM | Report Abuse

watch out on monday

4 posts

Posted by sensonic > Mar 23, 2019 4:54 PM | Report Abuse

NetX makes cash call of up to RM15.37m to fund lifestyle app
TheEdge Wed, Jan 16, 2019 - 2 months ago

KUALA LUMPUR (Jan 16): NetX Holdings Bhd is aiming to raise up to RM15.37 million via a private placement to develop and market its lifestyle-focused GEM app.

The private placement represents some 30% of the group’s enlarged total number of shares at an illustrated offer price of 1.78 sen per placement share, NetX said in a stock exchange filing today.

The group will use RM6 million to develop the app, with the remainder of funds raised to be used as its marketing costs, while RM300,000 will be used to cover the expenses of the proposed private placement.

GEM, which stands for “Great Experiences Matter”, will enable users to make reservations and bookings for restaurants, entertainment outlets and events. It will also include transportation, social media and customer loyalty features, NetX said.

“The group intends to leverage on its existing experience, technologies and infrastructures in the mobile payment segment to venture into the mobile application space,” the systems integration and hardware solutions provider said.

NetX said that it expects the private placement to contribute positively towards the group’s future earnings

“Subject to all relevant approvals being obtained, the proposed private placement is expected to be completed by the first half of 2019,” the group said.

After considering various methods of fundraising, NetX’s board opined that this fundraising exercise is “the most appropriate at this juncture as it would enable the group to raise additional funds expeditiously without having to incur interest costs or service principal repayments,” it added.

NetX previously raised cash from its shareholders via a private placement in April 2018, securing RM6.61 million to fund a collaboration project under its 60%-owned Payallz Sdn Bhd.

Shares in the group last closed unchanged at 2 sen, giving the group a market capitalisation of RM56.01 million.

2416 posts

Posted by upshare > Mar 23, 2019 9:00 PM | Report Abuse

Hope 2nd goreng coming before warrant expired...

229 posts

Posted by Alibaba007 > Mar 23, 2019 9:53 PM | Report Abuse

Prince 4 fintec will go 6 c.
NetX will up how many

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