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43,284 comment(s). Last comment by icecool at Nov 11, 2019 5:02 PM
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icecool
2096 posts

Posted by icecool > Oct 12, 2019 9:53 AM | Report Abuse

no news is good news, huat ah!!!


freddiehero
9456 posts

Posted by freddiehero > Oct 12, 2019 9:56 AM | Report Abuse

wil u fly?


Johnchew
1967 posts

Posted by Johnchew > Oct 12, 2019 1:11 PM | Report Abuse

Calvin use faked acc bargadcapital ke..

1) Tun mahathir son mukhriz mahathir any link to Netx?
2) Netx finance report only mention 3 core bussiness..no digital infrar installation segment .
3) GEM app as mentioned download but cannot get register...
4) Vasu time said partner with 2go Trading but google search address location not operating any more...now in june partner with 2go Tech..google search no info on 2go Tech..
5) seems like all fund raising money is burned or gone to left pocket right pocket..
6) 2019 revenue rm 10 mil ..loss rm18.3 mil..
Need fund raising again....haha
7) CFO is resigned on 2015..external auditor resigned on aug'19 ..netx changed financial year end fr june2019 to nov2020..just a financial accounting jimmik as Lonbisc..
8) NETX since 2015 to 2019..total loss rm 50 mil..only 2017 gain rm1.1 mil.. no wander always do fund raising ..right issue ..PP many times..SIS. ..
9) netx 3 core business: 1) electronic payment.2)non electronic payment.3) GEM segment....no digital infrar installation as you said..?? Maybe Metronic which is eased from Netx group on 2015??


calvintaneng
29816 posts

Posted by calvintaneng > Oct 12, 2019 1:18 PM | Report Abuse

Posted by Johnchew > Oct 12, 2019 1:03 PM | Report Abuse

Calvin use faked acc bargadcapital ke..

I see our friend bargadcapital posted my writeup here and caused some unhappiness?

My apology

Let's not quarrel as all will benefit from NFCP as the Pie is SO HUGE

As for Netx's being Infrar Specialist just go to Bursa website and click on Annual Report

Market has misread Netx actual finacial status by not read Netx ANNUAL REPORT VERY VERY VERY CAREFULLY

I SUGGEST EVERYONE SHOULD GO SEE NETX ANNUAL REPORT AND SPEND ONE DAY READING UP ON NETX ANNUAL REPORT

Under Netx subsidary (Ariantec I think) is HIDDEN AWAY A CASH HOARD OF RM72 MILLIONS

Go and do a thorough study

Regards

Calvin


Note:

For Ock there are Tower installation jobs. Since Ock has more than Rm400 Millions debt it will take some time to clear first.

For NETX there is PURE 3 SEN CASH. Buying Netx at 2 sen gives one 3 Sen Cash Plus all the Assets & investments of Netx are free


Johnchew
1967 posts

Posted by Johnchew > Oct 12, 2019 3:08 PM | Report Abuse

Ho ho refer OCK 2nd QR:

Debt is RM500 mil..gearing is 0.62 still healty..OCK 4.5 years.2015 to half 2019..make profit..total RM 112 mil..each year make profit..but Netx 5 year loss RM 50 mil ..4 years loss ..one year only profit rm 1.1 mil...all the fund raising gone to left pocket..right pocket..
Fund raising for partner with 2go trade .change to 2go Tech...loss heavily...GEM app...worst...
11/10/2019 2:32 PM
X
Netx got 3 SEN CASH NTA While OCK got RM0.52 NTA..


Johnchew
1967 posts

Posted by Johnchew > Oct 12, 2019 3:54 PM | Report Abuse

FoolsGold Tai Kor Calvin, which page of the AR is that ?

only saw in pg 88, item 37.1 Loans and Receivables ,

amt owing by subsidaries rm72,776,219 (2018) & rm26,215,528 (2017)

NOT CASH HOARD, subsidiary IOU Company rm72m lah !!

dont know when can get back the IOU, money already gone by high burn rate of startup ?

2017 only owe rm26M , one yr later owe extra 46M,
what is this sub. doing ? burn up so mauch cash ???

'Under Netx subsidary (Ariantec I think) is HIDDEN AWAY A CASH HOARD OF RM72 MILLIONS '
- Calvin


calvintaneng
29816 posts

Posted by calvintaneng > Oct 12, 2019 3:57 PM | Report Abuse

IOU FROM SUBSIDIARY MEANS MONEY BELONGING TO NETX IS PARKED THERE AS TRUST

IN PM CORP THERE WAS ALSO MONEY PARKED IN SUBSIDIARY HIDDEN DEEP INSIDE TREASURY BOX

ONLY CALVIN EAGLE SAW THE CASH HOARD

LATER THEY TOOK IT OUT AND GAVE ALL AN 8 SEN CASH PAYOUT!!!

AMOUNT OWEING BY SUBSIDIARY IS NOT WASTED OR BURNT OUT

OR ELSE THEY WILL BE CLASSIFIED UNDER BAD DEBT OR RECEIVABLES (LIKE SENDAI)


newbie170919
29 posts

Posted by newbie170919 > Oct 12, 2019 7:02 PM | Report Abuse

Myeg?


Johnchew
1967 posts

Posted by Johnchew > Oct 12, 2019 9:02 PM | Report Abuse

ew 1) Tun mahathir son mukhriz mahathir any link to Netx?Calvin no reply just fake info..Tun son had resigned from opcom also..
2) Netx finance report only mention 3 core bussiness..no digital infrar installation segment .
3) GEM app as mentioned download but cannot get register...
4) Vasu time said partner with 2go Trading but google search address location not operating any more...now in june partner with 2go Tech..google search no info on 2go Tech..
5) seems like all fund raising money is burned or gone to left pocket right pocket..
6) 2019 revenue rm 10 mil ..loss rm18.3 mil..
Need fund raising again....haha
7) CFO is resigned on 2015..external auditor resigned on aug'19 ..netx changed financial year end fr june2019 to nov2020..just a financial accounting jimmik as Lonbisc..
8) NETX since 2015 to 2019..total loss rm 50 mil..only 2017 gain rm1.1 mil.. no wander always do fund raising ..right issue ..PP many times..SIS. ..
9) netx 3 core business: 1) electronic payment.2)non electronic payment.3) GEM segment....no digital infrar installation as you said..?? Maybe Metronic which is eased from Netx group on 2015??
10) Calvin said hidden cash rm72mil from associate company..is IOU money by associate company ..sure burned to magmt pocket.
11) OCK Debt is RM500 mil..gearing is 0.62 still healty..OCK 4.5 years.2015 to half 2019..make profit..total RM 112 mil..each year make profit..but Netx 5 year loss RM 50 mil ..4 years loss ..one year only profit rm 1.1 mil...all the fund raising gone to left pocket..right pocket..
Fund raising for partner with 2go trade .change to 2go Tech...loss heavily...GEM app...worst...

Netx got 3 SEN CASH NTA While OCK got RM0.52 NTA..

12)w Under 2 of core business..
Refer financial report ;

This segment’s revenue of RM0.35 million in current year to-date, lower as compared to preceding
year to-date of RM4.59 million as the current year to-date’s revenue were the remaining balance of
progress billings from the contract secured in year 2017. The gross loss in the corresponding quarter
in previous year and previous year to-date was mainly due to higher actual cost than initial projected
cost on the contract secured in 2017.

2018 n 2019 no contract order...2019 revenue RM 0.35 MILLION of progress billing from the contract secured in year 2017...???
You mean 2018 n 2019 no DIGITAL INFRAR INTALLATION IN MALAYSIA???OPCOM stop FiBER OPTIC CABLE PRODUCTION in june2017 till june 2019...???Haha..

X
That mean NETX lose to their competitors for 2 years or the management just makan angin....kira kiri pocket kanan pocket money...


noobinv3stor
20 posts

Posted by noobinv3stor > Oct 14, 2019 10:46 AM | Report Abuse

Stay away from this counter & your life wil be much happier


icecool
2096 posts

Posted by icecool > Oct 14, 2019 12:12 PM | Report Abuse

flattish again...


Fooksing Wong
882 posts

Posted by Fooksing Wong > Oct 15, 2019 11:28 AM | Report Abuse

everyone, are you ready MYEG fly..... i hear friend say MYEG target rm2.00 :) hope is true.


chan8
43 posts

Posted by chan8 > Oct 15, 2019 12:03 PM | Report Abuse

Fooksing Wong: Your friend reliable? Today seems like trending down :(


Fooksing Wong
882 posts

Posted by Fooksing Wong > Oct 15, 2019 12:19 PM | Report Abuse

chan8 , my friend tell me d. i also got top up just now. but if drop 1.39 i think must run


Fooksing Wong
882 posts

Posted by Fooksing Wong > Oct 15, 2019 12:28 PM | Report Abuse

HEART ATTACK ............


Mabel
3333 posts

Posted by Mabel > Oct 15, 2019 3:02 PM | Report Abuse

MyeG always fly. Its been one of the best performing stocks..


icecool
2096 posts

Posted by icecool > Oct 16, 2019 11:51 AM | Report Abuse

bear unlimited strength ..


Fooksing Wong
882 posts

Posted by Fooksing Wong > Oct 16, 2019 12:54 PM | Report Abuse

really worry .


Fooksing Wong
882 posts

Posted by Fooksing Wong > Oct 16, 2019 1:48 PM | Report Abuse

i will run 1st. cut loss. buy other share better .


chan8
43 posts

Posted by chan8 > Oct 16, 2019 2:50 PM | Report Abuse

No need to run. I trust in MYEG. Will fly soon...just not sure when


zul
573 posts

Posted by zul > Oct 16, 2019 3:14 PM | Report Abuse

no ahmad zahid hamidi how can fly...


icecool
2096 posts

Posted by icecool > Oct 16, 2019 3:15 PM | Report Abuse

wow the bear rampaging...


Wing23
364 posts

Posted by Wing23 > Oct 16, 2019 3:47 PM | Report Abuse

If This week no rebound I will sell as well


Fooksing Wong
882 posts

Posted by Fooksing Wong > Oct 16, 2019 5:28 PM | Report Abuse

chan8 - i heart attack lo .... cause no holding power.... hahaha


chan8
43 posts

Posted by chan8 > Oct 16, 2019 5:37 PM | Report Abuse

I earned few times in MYEG. Also heart attack few times before
Just wondering if TSWONG still in MYEG? Heard he now move to EFORCE?


icecool
2096 posts

Posted by icecool > Oct 16, 2019 6:22 PM | Report Abuse

wong still md lah what gossip you hear ?


wakarimas
732 posts

Posted by wakarimas > Oct 16, 2019 6:40 PM | Report Abuse

how is the progress of bangladesh, philippines and indonesia gst bussiness? And the bonus share maccam mana now?


Fizoe444
13 posts

Posted by Fizoe444 > Oct 16, 2019 10:21 PM | Report Abuse

Myeg bila nak up balik RM1.50 oo!


icecool
2096 posts

Posted by icecool > Oct 17, 2019 11:58 AM | Report Abuse

ask seller to stop selling loh then can go back up


Mabel
3333 posts

Posted by Mabel > Oct 17, 2019 1:09 PM | Report Abuse

@icecool ask seller to stop selling loh then can go back up
17/10/2019 11:58 AM

+1 agree with icecool...

Why are you guys selling?

This company is good for keeps....

Buy and Forget...


azta12
4197 posts

Posted by azta12 > Oct 17, 2019 3:23 PM | Report Abuse

start accumulate


gteoh888
59 posts

Posted by gteoh888 > Oct 17, 2019 3:33 PM | Report Abuse

grab opp. now...will shoot up after this.


CincaiBuy
46 posts

Posted by CincaiBuy > Oct 17, 2019 3:33 PM | Report Abuse

Budget 2020 encourage local replace foreigner worker


paktua73
8399 posts

Posted by paktua73 > Oct 17, 2019 3:45 PM | Report Abuse

done paktua troopers manage grab at 1.38


tut tut
paktua back play here


azta12
4197 posts

Posted by azta12 > Oct 17, 2019 3:53 PM | Report Abuse

add


icecool
2096 posts

Posted by icecool > Oct 17, 2019 4:06 PM | Report Abuse

wow where all these wild bears come from ?


Grace Loh
28 posts

Posted by Grace Loh > Oct 17, 2019 4:21 PM | Report Abuse

what wrong with this counter


azta12
4197 posts

Posted by azta12 > Oct 17, 2019 4:23 PM | Report Abuse

grab


icecool
2096 posts

Posted by icecool > Oct 17, 2019 4:23 PM | Report Abuse

omg !!!


CharlieSim
1221 posts

Posted by CharlieSim > Oct 17, 2019 4:24 PM | Report Abuse

wow..laosai


icecool
2096 posts

Posted by icecool > Oct 17, 2019 4:25 PM | Report Abuse

walao wei!!!


CharlieSim
1221 posts

Posted by CharlieSim > Oct 17, 2019 4:25 PM | Report Abuse

SYNDICATE push down to collect ... STOP loss hunting?!!!?


paktua73
8399 posts

Posted by paktua73 > Oct 17, 2019 4:31 PM | Report Abuse

ihik ihik paktua bawa bear ke sini..
done eat more at 1.32,1.33
now already use 57% total ammo on hand..

tut tut
when come red wave will arrived


GoodTrade
562 posts

Posted by GoodTrade > Oct 17, 2019 4:32 PM | Report Abuse

wow ... 0.80 again ka ?


Wing23
364 posts

Posted by Wing23 > Oct 17, 2019 4:32 PM | Report Abuse

luckily cut lost 1.40 today, big bom rocket shoot 99 down, who is the big sharks throw


paktua73
8399 posts

Posted by paktua73 > Oct 17, 2019 4:34 PM | Report Abuse

win bet more at 1.32
paktua borong kaw kaw

tut tut
never fear when red wave come


azta12
4197 posts

Posted by azta12 > Oct 17, 2019 4:35 PM | Report Abuse

add


KAQ4468
13896 posts

Posted by KAQ4468 > Oct 17, 2019 4:35 PM | Report Abuse

yeahhhhhhh


KAQ4468
13896 posts

Posted by KAQ4468 > Oct 17, 2019 4:35 PM | Report Abuse

hunting for Cuban Curut


mofa83
227 posts

Posted by mofa83 > Oct 17, 2019 4:35 PM | Report Abuse

yeahhhh

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