Hi guys,
After much study and debate on NETX (0020) I have got better clarity
It is by brain storming that we finally sift out facts from fiction, perception and reality
And these are 10 Top Salient Factors for NETX,
1) NETX HAS MARGIN OF SAFETY
At 1.5 Sen with NTA of 3 sen Netx is selling at 50% discount to NTA. This qualifies Ben Graham 30% discount as a margin of safety
2) A DEEPER LOOK INTO NETX NET ASSETS REVEAL
a) RM34 Millions Cash (In Bank FD & Savings A/c)
b) Another Rm72 Millions Cash owed by Subsidiaries (This is the solution to the puzzle where Company excess cash & profit are stashed away.
Please Refer to NETX ANNUAL REPORT YEAR 2018 (TURN TO PAGE 74)
Under Point Number 15
15. AMOUNT OWING BY SUBSIDIARIES
Amount owing by subsidiaries............................................................................................RM72,776,219
WAHAHA! A WHOPPING RM72.7 MILLIONS!!
SO NETX IS 1.5 SEN WITH NTA OF 3 SEN IN CASH OR CASH EQUIVALENT!!
c) NETX OWNS A 4 STOREY CORNER RENOVATED SHOPHOUSE IN PJ WITH A BOOK VALUE OF RM5.,4 MILLIONS
This one has a small mortgage loan of only Rm1.9 Millions
So NETX balance sheet gets a clean bill of health
3) NETX Has Investment in Mlab shares as well as Tel Infrar already set up in strategic places
Although Mlab shares did not perform the money has been accounted for just as every expense is reported transparently
4) NETX WILL BE ONE OF TOP 5 BENEFICIARY FOR NFCP RM21.6 BILLIONS 12MP INITIATIVES
The other 4 are Opcom, Redtone, GPacket & OCK
With so few players sharing such a Huge Pie of Job Expansion Netx will see lots of Business going forward
5) NETX HAS LONG EXPERIENCE OF A DIGITAL INFRAR INSTALLATION SPECIALIST
See NEXT INFORMATION
COMPANY BACKGROUND
NetX Holdings Berhad is a technology public listed company on Bursa’s ACE market. Founded in 2000, NetX started off dealing primarily in the supply of network equipment and infrastructure. Fast forward to today, the company now pioneers the advancement of disruptive technologies through its subsidiaries in various industries: digital platforms, e-commerce and IT infrastructure among others. In line with the company’s strategy and vision in rethinking possibilities, NetX focuses on existing innovative technologies by making it better with the goal of challenging the markets they operate in. NetX is based on two key business pillars that are strategically operated through its subsidiaries: Ariantec, a network equipment and infrastructure specialist; and PayAllZ, a payment solutions company which was acquired in 2015 as part of its growth strategy. NetX firmly believes in its philosophy of finding new and better ways of doing things through technology. Its businesses are geared toward redefining and challenging established and conventional practices that bring value to the betterment of whole societies.
Notice the highlighted phrase "Network equipment infrastructure & infrastructure specialist?"
6) YES. IN YEAR 2011 TELEKOM GAVE NETX RM19.7 MILLIONS FOR NETWORK EQUIPMENT INFRASTRUCTURE!
See
Announcement | |
Subject | OTHERS |
Description | AWARD OF CONTRACT |
1.0 INTRODUCTION
|
7) THIS SINGLE JOB AWARD OF RM19.7 MILLIONS FOR NETX SPECIALIST INFRASTRUCTURE JOB RESULTED IN 2 GOOD QARTERLY PROFITS OF 5 SEN
See
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30/09/2011
|
30/09/2010
|
30/09/2011
|
30/09/2010
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
11,890
|
8,112
|
25,287
|
26,822
|
2 | Profit/(loss) before tax |
135
|
155
|
41
|
2,368
|
3 | Profit/(loss) for the period |
193
|
252
|
4
|
2,305
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
193
|
252
|
4
|
2,305
|
5 | Basic earnings/(loss) per share (Subunit) |
0.03
|
0.04
|
0.00
|
0.41
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.0800
|
0.0800
|
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31/12/2011
|
31/12/2010
|
31/12/2011
|
31/12/2010
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
10,216
|
21,796
|
35,503
|
48,618
|
2 | Profit/(loss) before tax |
351
|
-6,523
|
392
|
-4,160
|
3 | Profit/(loss) for the period |
137
|
-6,711
|
141
|
-4,402
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
141
|
-6,709
|
145
|
-4,400
|
5 | Basic earnings/(loss) per share (Subunit) |
0.02
|
-1.18
|
0.03
|
-0.77
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.0800
|
0.0800
|
BY MARCH/APRIL AFTER THESE 2 GOOD RESULTS WERE OUT
NETX SHARE PRICE WENT TRIPLE LIMIT UP ONCE, LIMIT UP TWICE & LIMIT UP TRICE FROM 3.5 SEN TO 26 SEN FOR A WHOPPING 642% GAIN IN JUST 4 SHORT MONTHS!!
THIS TRIGGERED UMA FROM BURSA
ARIANTEC GLOBAL BERHAD |
Bursa Malaysia Securities Berhad has on 16 March 2012 issued an UMA query on the trading of the Company's shares.
In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted at Bursa Malaysia’s website under the company announcements, http://announcements.bursamalaysia.com when making their investment decision.
The contents of the UMA query is as follows:-
UNUSUAL MARKET ACTIVITY
We draw your attention to the sharp rise in price and high volume in your Company's shares today.
In accordance with the Corporate Disclosure Policy on Response To Unusual Market Activity pursuant to Rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities LR”), you are requested to furnish Bursa Malaysia Securities Berhad (“Bursa Securities”) with an announcement for public release after making due enquiry with your directors and major shareholders seeking the cause of the unusual market activity in the Company’s shares.
In this respect, you are also required to publicly confirm, amongst others, the following:-
1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of Bursa Securities LR;
3. whether you are aware of any other possible explanation to account for the unusual market activity; and
4. your compliance with the Bursa Securities LR, in particular Rule 9.03 of the Bursa Securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.
READ AGAIN!!
UMA WAS TRIGGERED BY
sharp rise in price and high volume in your Company's shares
SHARP PRICE RISE!!!
AND HIGH VOLUME!!!
8) ARIANTEC WAS LATER TAKEN OVER AND RENAMED AS NETX TODAY
ALL THE PAST STAFF OF ARIANTEC, PROCUREMENT DETAILS FOR TELEKOM, SPECIFICATIONS ARE WITH NETX TODAY
SINCE NETX TOUTED ITSELF AS A DIGITAL NETWORK INFRAR SPECIALIST THERE IS HIGH CHANCE THAT TELEKOM MALAYSIA WILL ENGAGE ITS SERVICES FOR ANY FUTURE UNDERTAKINGS
9) THIS ROUND MALAYSIA GOVT HAS DESIGNATED TELEKOM TO TAKE UP HALF THE NFCP NATIONWAIDE FIBERISATION PROJECTS WORTH A MAMMOTH RM21.6 BILLIONS (READ AGAIN IT IS NOT MILLIONS BUT BILLIONS!!)
WHY SO MUCH NEEDED
FOR BOTH BROWN FIELD & GREEN FIELD FTTH (FIBER TO THE HOME)
THE OLD COPPER WIRES UNDER TELEKOM IS ON 2G OR 3G WHICH USE THE OLD COPPER WIRE MODEL
THAT IS WHY IN MALAYSIA INTERNET SPEED CAN BE COMPARED TO 3RD WORLD STANDARD
Years ago Tun Dr Mahathir invited Microsoft Boss Bill Gates to invest in Data or Internet Business in Malaysia by visiting Cyberjaya
Bill Gates was horrified to see the primitive Telco infrar under copper wires by Telekom unifi
How to have Data Center or Internet Investment if you don't even have the most basic infrar,.
Imagine inviting Formula Racing Car to Race in Kapit, Sarawak? Where they don't even have proper road in place (Oh boy they travel there by boat through river)
Bill Gates being the gentleman he was just smiled, donated Rm1 millions for Malaysia's Internet aspiration & left without a word.
NOW MALAYSIA HAS 2.8 MILLION COPPER LINES THAT NEED TO BE REPLACED WITH OPTIC FIBERS
{NOTE: 5G CANNOT OPERATE ON COPPER LINES. 4G & 5G NEED FIBER OPTIC CABLES)
THAT IS ONLY FOR BROWN FIELD WHERE INTERNET ALREADY AVAILABLE
WHAT ABOUT THE GREENFIELD WHERE NO INTERNET LINE EXIST NOW?
SO THERE WILL BE LOTS AND LOTS OF JOBS. WHILE OPCOM PROVIDES OPTIC FIBERS, REDTONE GOES TO THE RURAL AND OCK FOR TELCO TOWERS ONLY NETX IS THE EXPERT SPECIALIST FOR INFRASTRUCTURE
SO CAN EXPECT NETX TO WIN SOME BIGGER JOB THIS ROUND
10. WITH ALL THE NEWS ALREADY OUT YET NETX IS STILL UNLOVED AND UNWANTED AT 1.5 SEN
SO THIS IS WHERE BEST OF THE BEST VALUE IS!!
RIGHT NOW NETX IS A VERY VERY YOUNG INFANT BULL STARTING AT 1.5 SEN
DAYANG AT 50 SEN WAS ALSO AN INFANT BULL. NOW NO LONGER. DAYANG IS ALREADY A VERY MATURED BULL IN LATE STAGE
SEE
VERY WISE WORDS INDEED!!
BULL MARKET IS BORN IN PESSIMISM
GO TO NETX FORUM AND READ UP COMMENTS BY NAYSAYERS AND DOUBTERS. THEY ARE ALL VERY VERY PESSIMISTIC
CORRECT!! NETX IS THE SHARE TO BUY CHUN CHUN
THEN GO AND SEE DAYANG FORUM
IT IS FULL OF OPTIMISM AND NOW REACHING EUPHORIA
AND THAT IS THE CHUN CHUN TIME TO SELL YOUR DAYANG SHARES INTO EUPHORIA AND LEAVE EARLY BEFORE THE BULL COLLAPSE AND EXPIRES!!
BEST REGARDS
Calvin Tan Research
Singapore
YES!! A THOUSAND TIMES YES!!
WE MUST BUY DURING FEAR
AND SELL INTO EUPHORIA!!
Please buy or sell after doing your own due diligence
Chart | Stock Name | Last | Change | Volume |
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Created by calvintaneng | May 10, 2024
Created by calvintaneng | May 04, 2024
Created by calvintaneng | May 02, 2024
Created by calvintaneng | Apr 29, 2024
It is amazing that people with tens of thousands or hundreds of thousands or even millions invest in stock market just by hearsay
They get a tip from the crowd without doing self study and deep research and plunk tens of thousands of ringgit in a stock like barakah or chase a popular Stock like Greatec just like chasing ifca to rm1.87?
Knowing next to nothing the real status of the company only just by one or two quarterly reports?
Any go buy a house or car will study carefully first. But many who buy shares don't bother to study and test carefully
2019-10-10 08:37
Posted by calvintaneng > Oct 10, 2019 8:16 AM | Report Abuse
Good morning
If I didn't go through the Annual Report and read more carefully I would not have uncovered the hidden stash of Rm72 millions deposited with NETX's subsidiary companies
Very likely the money is "invested" in Fintec etc....lol
2019-10-10 08:43
why push it to 5c? just make a GO @ 1c and walk away with that stash of cash lying around. after all if this kompani is really into bizness they would have figured out how to make full use of the 'kapital' in the first place.
2019-10-10 08:54
LISTEN! LISTEN! LISTEN!!
LAST TIME CALVIN TOLD ALL TO BUY PM CORP AT 9 SEN
SOME SNEERED
SOME WERE NONCHALANT AND BLUR BLUR
SOME LAUGHED IT OFF AS A RUBBISH
SOME SAID THEIR REMISIER TOLD THEM PM CORP CANNOT BUY
SOME BOUGHT A LITTLE
SOME LIKE MY AWNING BOSS FRIEND BOUGHT 700,000 SHARES OF PM CORP AT 9 SEN FOR RM63,000
THEN KABOOOM PM CORP JUMPED FROM 9 SEN TO 36 SEN (UP 400%)
ONLY THEN PEOPLE CALLED CALVIN
CAN BUY PM CORP AT 36 SEN NOW?
I SAID, "FOR UMPTEEN MONTHS I TOLD YOU TO BUY PM CORP AT 9 SEN, AT 12 SEN AND EVEN AT 15 SEN YOU NEVER BOTHER TO PAY ATTENTION
NOW AT 36 SEN YOU ASK CALVIN CAN BUY OR NOT?
AND EVEN AWNING BOSS WHO GOT 700,000 SHARES OF PM CORP AT 9 SEN SAID
"I SHOULD HAVE BOUGHT MORE PM CORP SHARES AT 9 SEN. CAN ADD SOME MORE AT 36 SEN OR NOT?"
LISTEN NOW YOU OUT THERE IN SUSPENSE
BUY ALL NETX ANYTHING 2 SEN BELOW TODAY WHILE THE BUYING IS STILL IN EARLY BULL STAGE!!!
DON'T LATER AT 4 SEN THEN ASK,
:CAN STILL CHASE NETX AT 4 SEN OR NOT?"
Stock: [NETX]: NETX HOLDINGS BHD
Oct 10, 2019 10:05 AM | Report Abuse
HOW TO SELL ANYTHING BELOW 3 SEN LEH?
NETX GOT 3 SEN IN PURE CASH!!
3 SEN PURE CASH NOT INCLUDING THESE
RM5.4 MILLIONS IN 4 STOREY CORNER SHOPHOUSE IN PJ
INVESTMENT IN MLAB SHARES
COMPUTER TERMINAL ASSETS SET UP IN MANY PLACES
ESTABLISHED BUSINESS PARTNERS LIKE TELEKOM, BANKS, TELCOS & OTHERS
AT 1.5 SEN STILL VERY CHEAP
AT 2 SEN STILL VERY CHEAP
AT 2.5 SEN STILL CHEAPER THAN 3 SEN NET CASH
AT 3 SEN STILL OK AS YOU ONLY PAYING CASH FOR CASH OF 3 SEN
THESE ALL FREE
RM5.4 MILLIONS IN 4 STOREY CORNER SHOPHOUSE IN PJ
INVESTMENT IN MLAB SHARES
COMPUTER TERMINAL ASSETS SET UP IN MANY PLACES
ESTABLISHED BUSINESS PARTNERS LIKE TELEKOM, BANKS, TELCOS & OTHERS
AT 3.5 SEN?
WHY SO STUPID?
NOW ONLY ASK CALVIN CAN BUY NETX AT 3 SEN OR NOT?
BUY NOW LAH!!
WALLOP NOW!!
2019-10-10 10:34
Hahaha
Everybody please take a photo with your handphone and remember 3x idiots post here
See in 6 months to 1 year time who is correct
Let time proof
2019-10-10 17:03
Akypolitikkk
No. Calvin is a lover of peace. Only 3 x idiots go everywhere doing his damage by not doing a careful and proper study of fundamental, precondition and especially market cycles
2019-10-10 17:09
Holland or not Holland does not matter at all
Chun Chun call on Ogse stocks powered by Petronas RM30 billions capex for upstream
Carimin made 300%
Naim more than 100%
Uzma 80%
Penergy 80%
Just these 4 stocks up a whopping 470%
All laughing and jumping and skipping to the banks
Now Chun Chun call on NFCP stocks powered by NFCP Nationwide Fiberisation of Rm21.6 Billions
So few sharing such a Big Digital Pie
Netx
Opcom
Redtone
Will also earn few hundred per cent also
Investing is so easy!!!
Just follow where liquidity flows
2019-10-10 21:12
So many first movers who followed Calvin 1st buy call for Netx at 1 sen already sitting on 50% paper profit
No selling but buying even more at 1.5 sen
Eventually will also make several hundred per cent from Digital bull run stocks
2019-10-10 21:16
Government are not interested in giving any telco projects to NetX...
Is due force selling soon....massive selling @ 0.005c
2019-10-10 21:23
Calvin recommended Scomies to fly....see now.....Next 3-273.3million shares....u recommend to buy now to unload for your operators ....?
2019-10-10 21:48
All wrong conclusions
THE TRUTH IS THIS
GOVT APPOINTS TELCOS LIKE TELEKOM TO DO FIBERISATION PROJECT
FOR INSTALLATION TELEKOM AAPOINTS NETX
WHY NETX?
ANSWER
BECAUSE NETZ IS THE NUMBER ONE SPECIALIST FOR INSTALLATION OF DIGITAL INFRAR
See
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5960301
2019-10-10 22:40
Hopefully what Calvin say will be true and just waiting for Netx to fly..
2019-10-10 22:54
Don't give ears to naysayers BUT DO YOUR OWN PERSONAL INVESTIGATION
When Calvin recommended PENERGY at 75 sen One Critic Naysayer Called Mark Strong Opposed me and said PENERGY Boss was linked to Najib - so cannot buy
NOW PENERGY IS ALMOST REACHING RM1.50 FOR ANOTHER CHUN CHUN 100% UPSIDE
So those who listened to Mark Strong have missed PENERGY while cheap
NOW DON'T MISS NETX
2019-10-11 09:00
Mhb is solid and will up slowly
Destini might go up faster as it gets topside job
BUT the fastest will still by Digital stocks now because of coming from such low base like now
2019-10-11 10:21
Some facts about NETX Versus OCK
Netx got 3 SEN CASH NTA While OCK Got almost Half Billions in Debt
Imagine the circumstances of two persons
1) One Owes Loan sharks Rm500,000,000 with 50 Ah longs coming after him for payment. How to sleep peacefully every night leh?
2) Another got Rm30 Millions Cash in the Bank with no borrowings
This one can sleep well every night
Like Calvin
Once his head hits the pillow
He goes ZZZZZZZzzzzzzzz,,,,........ sweet sweet sleep
2019-10-11 13:35
WAHAHA!!
THE BIGGEST ALLOCATION FOR A NEW BUDGET OF 12 MP
Proctrated trade war offers Malaysia unique opportunity to become choice destination for FDI with high added value
Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools
Mandatory Standard on Access Pricing (MSAP) has successfully reduced broadband prices by 49% and increased speeds by three times
Govt intends to develop a 100-acre logistics hub at Special Border Economic Zone at Kota Perdana in Bukit Kayu Hitam to strengthen trade relations with Thailand
RM250m will be set aside by MCMC to prepare broadband access via satellite technology to increase connectivity in rural Malaysia, especially Sabah and Sarawak
National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b
This One Below Chun Chun On Target!!!
National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b
TOP PICKS
1) NETX
2) OPCOM
3) REDTONE
2019-10-11 19:36
WHOA!
GOT SOME MORE LAGI FOR FIBER OPTICS
Matching grant fund of RM25m will be set aside to encourage more pioneer digital projects that benefit fibre optic infrastructure and 5G
RM20m allocated to MDEC to groom local champions in producing digital content
RM50 million grant to develop 5G ecosystem to prepare for 5G transformation worldwide
50% matching grant of up to RM5,000 to increase the digitalisation of operations for Malaysian small and medium enterprises (SME)
Smart automation matching grant (up to RM2m) for 1,000 local manufacturers and 1,000 services companies to automate business processes
To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000
14 one-stop digital improvement centres to be set up in every state to faciltiate access to financing, development of business capacity
RM10m to be set aside for MDEC to train micro-digital entrepreneurs and technology experts to leverage e-market places, social media platforms
RM445m Bumiputera entrepreneur development grant for access to financing, provision of business premises, entrepreneurship training
Digital Social Responsibility (DSR) is commitment from business sector to enhance workforce with digital skills needed by society. Contributions from the private sector to the DSR will be given tax exemptions.
RM50m allocation proposed to encourage SMEs to engage in more export promotion activities
Govt to provide loans worth RM100m under Small Industries Entrepreneurs Financing Scheme for Chinese community
2019-10-11 19:39
SURPRISE AND MORE SURPRISES
DIGITAL E-WALLETS!!
DIGITAL ENTREPRENEURS
DIGITAL SCHOOLS
DIGITAL ESPORTS
MALYSIAN BUDGET ONLY ONE THEME?
ALL DIGITAL????
CORRECT: "THE DIGITAL ECONOMY"""
To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000
14 one-stop digital improvement centres to be set up in every state to faciltiate access to financing, development of business capacity
RM10m to be set aside for MDEC to train micro-digital entrepreneurs and technology experts to leverage e-market places, social media platforms
RM445m Bumiputera entrepreneur development grant for access to financing, provision of business premises, entrepreneurship training
Digital Social Responsibility (DSR) is commitment from business sector to enhance workforce with digital skills needed by society. Contributions from the private sector to the DSR will be given tax exemptions.
RM50m allocation proposed to encourage SMEs to engage in more export promotion activities
Govt to provide loans worth RM100m under Small Industries Entrepreneurs Financing Scheme for Chinese community
Islamic Economic Blueprint to be formulated to position Malaysia as centre of excellence for Islamic finance
Govt to provide RM20m in loans under entrepreneur development scheme for Indian community
RM20m allocation for Cradle Fund to train and offer grants to high-impact technology entrepreneurs
Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools
Govt to provide extra RM50m for SC's My Co-Investment Fund (MyCIF) to assist SMEs that have difficulties in getting financing
Licensing for digital banks to be opened for public consultation by year end. A framework is expected to be released in 1H2020
Government to up e-sports allocation to RM20m due to high potential
2019-10-11 19:54
Bull market is born in pessimism
99% of people negative. So netx share price crashed to 1 sen or half sen
Bull market grows up in skepticism
Now at 2 sen people say chicken feed
Sir John Templeton is correct
Later bull market matures in optimism
Netx got job awarded and good results shown up in balance sheet
Next price rose from 4 sen to 8 sen
Bull market dies in hot hot euphoria
Netx share price gone to the moon like
Ifca up from 7 sen to Rm1. 87, or hengyuan from Rm2. 00 to Rm19. 00 or Jaks from 40 sen to Rm1. 90
When 99% of the market likes netx that will be the time to sell and run above 30 sen, 50 sen or Rm1. 00?
For now Netx looks like the safest stock
AT 2 sen
Netx has also zero debt
Netx has 3 sen in Cash (not asset)
Netx has Rm5. 4 millions shophouses in pj (corner 4 storey shop)
Netx has 9.6% shares of mlab
Netx with all the pp, rights and esos money have invested in infrar set up now in place
So what if you have sold?
Sold because of fear caused by naysayers
Listen to Calvin 's advise
Come.
Buy back every share you sold
Go buy back now while price still cheap and job award still to come
Buy and hold tight
Don' t sell this gold mine and wander to other landmines
2019-10-16 10:37
Posted by roszali > Oct 16, 2019 3:49 PM | Report Abuse
IFCA ,MYEG ,Dsonic past also ACE market no fundamental penny stock.They related Government Transformation Programme (GTP) , NAJIB PM fin minister and ZAHID home affair deputy PM project GST .. IFCA from 8sen up to RM1.87 ,project e-Govt MYEG from 10 sen to RM2.90,project passport chips DSONIC from 13 sen up to RM2.40
Lim Guan Eng fin minister and mcmc GOBIND project National Connectivity Plan (NPCP) Netx ?c
WAHAHAHA!!!
ROSZALI HAS GIVEN US BRAND NEW REVELATION!!!
Najib Gst has propelled MyEG from 10 sen to Rm4.00 and split (Up 4,000%)
Thoughy NETX only go up 800% from 1 sen to 8 sen?
No no no!!
WITH THIS NEW REVELATION CALVIN NOW CHANGE NETX TARGET PRICE TO 15 SEN!!!
HO HO HO!!!
SO HAPPY NOW!!
2019-10-16 15:59
Dayang not long after collapsed from over Rm3.00 to below Rm1.00
Those chased dayang in euphoria "die young"
2020-07-09 23:04
calvintaneng
Good morning
If I didn't go through the Annual Report and read more carefully I would not have uncovered the hidden stash of Rm72 millions deposited with NETX's subsidiary companies
This very import cash hoard will most probably be overlooked by 99.9% of people
1. Fund managers are not supposed to look at 1 sen stock. They will concentrate on proven, popular blue chips and highly recommended 2nd liners at best. 3rd liners are usually pass over. And a 1.5 sen stock? Not in a thousand years!
2. Remisiers are also too busy going through their own house recommendations. For example Rhb Investment Bank stock brokers and dealers will refer to their yearly "jewels" stocks for guidance . These have no time to look at Netx with such lousy prices like 1.5 sen
Others like kn kenanga, public and others also don't bother with such low prices shares below 10 sen. And instead of doing thorough research on each and every 1,000 shares very very carefully to find that hidden gem they will spent time downgrading Uzma in unison
They are just told lazy to do their independent research. So just follow other stock brokering houses and copy from one another in "group think".
Then we have uncle's and unties in coffee shops. Many don't know English. So cannot read annual reports
Others can read but will not do it carefully with painstaking effort
Others still will just listen to what others' opinions. And people who don't study very very carefully about the Annual Report and learn to see pre-conditions will also miss this hidden gem called Netx
Still others like wernluan are opinionated and look at past records to prejudge
Sifu Warren Buffet said you cannot drive a car by looking at the rear view mirror
Yes, netx has gone through a bad patch for several years now. But look ahead. The scene in front (not look behind) has turned for the better
We are now leaving desert land for the promised Land
After 40 years wandering in the desert we finally arrived in Canaan
2019-10-10 08:16