Dear Friends, Investors & Traders,
As we move nearer and nearer to the Official 12MP (Malaysia Plan) Announcement tomorrow I feel extremely excited that NETX is on to something BIG IN THE DIGITAL ECONOMY OF NFCP'S NATIONWIDE FIBERISATION THRUST OF RM21.6 BILLIONS
Let's take a look at INSIDERS/DIRECTORS' MOVES = THEIR BUYING OF NETX SHARES FROM THE OPEN MARKET & THE PRICES PAID
Please Refer to Bursa Official Webpage & Also i3 Investors Forum page in NETX under Technical subhead "Stock chart"
All these facts and figures are presented there for all to SEE & CONSIDER
First
Sifu Warren Buffet stated that he likes Company Directors buying Company Shares with Their Own Monies
Whenever Insiders/Directors willing to Buy Company Shares with Substantial Amount of Monies from their own pockets it shows that "SOMETHING GOOD" AHEAD IS GOING TO HAPPEN.
Although we can only see dimly yet we can follow their buy actions until visibility appears one fine day
THIS WAS ONE IMPORTANT LESSON MY JOHOR SIFU TAUGHT ME
Last time in years 2007/8 when Pintaras Jaya was at Rm1.40 my Johor Sifu told me to buy Ptaras Jaya at Rm1.40
I asked him why? Since there in no special announcement of any good news from Pintaras Jaya yet. Why buy?
And this was his answer
BECAUSE HE OBSERVED WHEN PTARAS COMPANY GAVE ESOS TO PTARAS DIRECTORS AND EMPLOYEES AT RM1.90
ONE DR DIRECTOR EXERCISED PTARAS JAYA SHARE AT RM1.90
THEN HE EVEN OBSERVED THAT THE SAME DIRECTOR BOSS BOUGHT MORE PTARAS JAYA SHARES FROM THE OPEN MARKET AT RM1.90
AND THAT WAS THE ONLY REASON HE GAVE FOR BUYING PTARAS JAYA SHARES BECAUSE PRICE HAS FALLEN FROM RM1.90 TO RM1.40 (LESS 50 SEN OR 26% DISCOUNT TO INSIDERS COST PRICE)
IT SOUNDED QUITE SIMPLISTIC AND FOOLISH THEN. BUT I FOLLOWED HIM TO BUY SOME PTARAS JAYA AT RM1.40
Another reason he gave was due to his family experience in Building 2 Blocks of Condos in Johor. He said in Piling Job Ptaras is the first to get paid. If after foundation is done and they don't pay then PTaras can sue for "Project stoppage" until they pay up
And so Ptaras being the First to get paid stands in good position from payment default
True enough. Over the years PTaras has proven itself. It jumped from Rm1.40 to Rm7.00 and split (up 500%)
Ha! I must mention in passing. When I first came to i3 forum my Johor Sifu told me the only person of value to learn from is Kcchongnz. And eerily the same Ptaras jaya was one of KC's good picks. Not only that. My friend Mr Law the Branch Manager of Tmn Molek branch of RHB INVESTMENT BANK in Iskandar also picked PTaras Jaya for his clients. He did so well that he has been promoted as the Top Boss now.
Now let's come back to INSIDERS/DIRECTORS BUYING
My Johor Sifu said, If they buy 100,000 shares just follow them buy 10,000 shares or 10%. If they buy 500,000 shares follow again and buy 50,000 shares (another 10%)
Now Calvin observed this to be usually true If INSIDERS START TO BUY. ESPECIALLY IF THEY BUY SUBSTANTIALLY. FOLLOW THEM
See in Uzma's Forum
DATO' CHE NAZAHATUHISAMUDIN BIN CHE HARON | 08-Aug-2019 | Acquired | 89,000 | 0.595 |
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DATO CHE NAZAHATUHISAMUDIN BIN CHE HARON | 07-Aug-2019 | Acquired | 80,000 | 0.576 |
On August 8th when Uzma shares fell below 60 sen due to 3IBs downgrade, KWAP selling & naysayers abound Director of Uzma bought at 57.6 sen & 59.5 sen
Then on 28 august Result showed a profit of 3.69 sen (just 20 days later)
Uzma share price went up and up and touched Rm1.00
Missed Uzma?
Never mind. Still got Netx to buy while still cheap!
Let's take another example of Insiders buying
Let's go see PROLEXUS
NOW OBSERVE VERY VERY CAREFULLY HOW INSIDERS/DIRECTORS BOUGHT PROLEXUS
DO YOU SEE BEFORE 10TH OF JULY 2019 THE BUYING WAS ONLY IN 10,000 SHARES OR LESS? ON 8TH JULY 2019 ONLY A 1,000 MISERABLE SHARE WAS DONE AT 45 SEN OR RM450 (HARDLY ENOUGH TO SATISFY ANY STOCK BROKER?)
THEN BUYING WITH CONVICTION STARTED FROM JULY 15TH WITH 35,700 SHARES DONE AND CULMINATING WITH 300,000 SHARES DONE ON 25TH SEPTEMBER 2019 (NO MORE NIBBLING 1,000 Or 10,000 SHARES)
Since prolexus is so lightly traded their buying also pushed up the prices from 43.5 sen to a high of 50 sen by Sept 25th 2019
Then came the FANTASTIC RESULT OF 4.15 SEN PROFIT ON SEPT 30TH 2019 (JUST 5 DAYS LATER)
See
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6297217
At that Market chased Prolexus shares to 90 sen (Up 80% already. Better don't chase)
Getting more exciting now as we look deeper into NETX'S INSIDERS/DIRECTORS BUYING OF NETX SHARES
NETX HOLDINGS BERHAD |
Name | Asiabio Capital Sdn. Bhd. |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) |
Ordinary Shares of RM0.10 each |
Date interest acquired & no of securities acquired |
|
Currency | Malaysian Ringgit (MYR) |
Date interest acquired | 06/03/2015 |
No of securities | 33,000,000 |
Circumstances by reason of which Securities Holder has interest |
Purchase from open market
|
Nature of interest |
Direct |
Price Transacted ($$) | |
![]() |
|
Total no of securities after change |
|
Direct (units) |
33,000,000 |
Direct (%) |
5.2800 |
Indirect/deemed interest (units) | |
Indirect/deemed interest (%) | |
Date of notice | 09/03/2015 |
ON 6TH MARCH 2015 ASIABIO EMERGED AS A SUBSTANTIAL SHAREHOLDER OF ARIANTEC (THEY CHANGE NAME TO NETX) WITH 33 MILLION NETX SHARES AT 5.28%
Bursa did not state their purchase price on that day
To trace their buying price let's go to i3 Investor Forum webpage on Netx
Found it?
Ok now click under "Technical"
And then click "Stock chart"
Now slowly guide your computer mouse back to year 2015 March 9th and SEE
Aha! Now we get all the figures from i3 investors website
March 9th 2015 is a monday
Day opening trade for NETX was 7 sen
Day high = 7.5 sen
Day low = 6.5 sen
Closing price = 7 sen
Total done 6,273,000 shares
Only 6.273 million shares
BUT ASIABIO STATED 33 MILLION SHARES AT 5.28%
The answer is this
Asiabio has been buying and buying Ariantec (Netx) shares even much earlier. But once threshold breached 5% it has to be announced in Bursa
Ok let us take their Purchase Cost on that day at 7 sen (As of now Netx is 1.5 sen in real time)
One year later Asiabio took up all the Rights Issue with free warrant at 5 sen
NETX HOLDINGS BERHAD |
Name | ASIABIO CAPITAL SDN. BHD. |
Address |
10th Floor, Menara Hap Seng No. 1&3, Jalan P.Ramlee. Kuala Lumpur 50250 Wilayah Persekutuan Malaysia. |
Company No. | 840116-P |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.05 each |
Name & address of registered holder | Asiabio Capital Sdn. Bhd. 10th Floor, Menara Hap Seng No. 1&3, Jalan P.Ramlee 50250 Kuala Lumpur |
Currency: Malaysian Ringgit (MYR)
Type of transaction | Description of Others | Date of change |
No of securities
|
Price Transacted (RM)
|
Others | Right issue | 16 Jun 2016 |
105,457,713
|
|
Circumstances by reason of which change has occurred | Subscribe pursuant to rights issue with warrants |
Nature of interest | Direct |
Direct (units) | |
Direct (%) | |
Indirect/deemed interest (units) | |
Indirect/deemed interest (%) | |
Total no of securities after change | 161,457,713 |
Date of notice | 17 Jun 2016 |
Here we see Asiabio took up 105 Million NETX Shares at 5 sen apiece with free warrant
Free warrant expired out of money.
So the Net Cost was 5 sen (including 3 years holding cost could be 6 sen now)
From then Asiabio took over as Subsantial Shareholders
And very quiet for the next 3 years until
UNTIL LATELY!!!
See
After a lapse of 3 long years since 17th June 2016 ASIABIO SUDDENLY SWING INTO ACTION AGAIN!!!
IT STARTED BUYING ON AUGUST 6TH 2019 WITH 10 MILLION SHARES AND ENDED BUYING 19 MILLION SHARES ON 23TH AUGUST 2019
CAN WE TRACE THEIR BUYING PRICES?
YESSS! LOOK AT PRICE CHART OF I3 INVESTORS
August 6th 2019 (tuesday)
Open = 0.15 sen
High = 2 sen
Low = 1 sen
Close 1.5 sen
Total done = 90,371,300
Asiabio bought 10 millions out of 90.3 million Netx shares ranging from low of 1 sen to high of 2 sen but closed unchanged at 1.5 sen
Intermittenly through this period prices fluctuate between 1.5 sen to 2 sen
Now look at the last purchase on August 23rd, 2019
Friday 23th August, 2019
Open = 1.5 sen
High = 1.5 sen
Low = 1.5 sen
Close = 1.5 sen
Done = 20,054,300
On that day all 20 million shares were traded at one price = 1.5 sen
As reported in i3 they bought 19 million Netx shares which means Asiabio took up 95% of the shares traded that day
Here we can conclude that INSIDER/DIRECTORS OF ASIABIO ARE HOLDING NETX SHARES BETWEEN 1.5 SEN TO 7 SEN OR AVERAGING 4 TO 5 SEN COST PRICE OR EVEN MORE
WHEN CALVIN TAN RESEARCH ISSUES BUY CALL AT 1 SEN FOR NETX IT WAS NEAR ROCK BOTTOM
NOW THE BIG BIG QUESTION IS
WHY ASIABIO DIRECTORS ARE BUYING AT THIS PERIOD SO SUDDENLY??
FOR THAT WE NEED TO REMEMBER PH GOVT HAS ANNOUNCED NFCP'S RM21.6 BILLIONS FOR NATIONWIDE FIBERISATION IN THE MONTH OF AUGUST 2019
Govt approves RM21.6 billion plan that gives urban, rural folk equal access to Internet
KUALA LUMPUR: The Cabinet has approved the implementation of a RM21.6 billion national connectivity plan that gives both the urban and rural population equal access to the Internet in an effort to reduce the digital divide.
In announcing this today, Communications and Multimedia Minister Gobind Singh Deo said the National Fiberisation and Connectivity Plan (NFCP) would also benefit those who might otherwise not have the opportunity to participate in the digital economy, such as farmers, fishermen and the Orang Ali community.
Read again the date of announcement
- August 28, 2019 @ 4:14pm
Now ASIABIO Last Purchase was on August 23rd, 2019 (just 5 days from NFCP Announcement)
Did they get the News earlier?
Most probably.
Before news is officially announced they must have gone through consultation between Govt & all parties concerned. So since NETX had been doing business with TELEKOM it is also part of the coming program
Now see how NETX share prices reacted on August 28 announcement
Wednesday August 28th 2019
Open = 1.5 sen
High = 2 sen
Low = 1 sen
Close = 1.5 sen
SO NOT MUCH DIFFERENCE
NOW TAKE A LOOK AT OPCOM'S TRADING ON 28TH AUGUST
Wednesday August 28th
OPCOM
Open = 44 sen
High = 74.5 sen
Low = 43.5 sen
Close = 63 sen
Done 76.656,000
The day before on 27th August only 78,700 shares were traded.
OPCOM WENT LIMIT UP ON NFCP ANNOUNCEMENT
FROM HERE WE SEE INSIDERS/DIRECTORS ARE SANGUINE ABOUT NFCP AND HAVE LOADED UP 103 MILLION NETX SHARES IN ANTICIPATION OF IMMINENT JOB AWARDS YET AHEAD
AND THE FUTURE FOR NETX AHEAD IS GETTING BRIGHTER AND BRIGHTER INDEED!!!
BEST REGARDS
Calvin Tan Research
Please buy or sell after doing your own due diligence
Looks like 1.5 sen and even 2 sen for Netx is still cheap
Chart | Stock Name | Last | Change | Volume |
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Created by calvintaneng | Aug 30, 2024
Created by calvintaneng | Aug 30, 2024
Created by calvintaneng | Aug 29, 2024
Created by calvintaneng | Aug 28, 2024
Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
Here is the Stock Chart of NETX
Use your computer mouse and scroll back to see All Prices & Their History
https://klse.i3investor.com/servlets/stk/chart/0020.jsp
2019-10-11 09:07
Don't be afraid people throwing in blocks as prospect now turning rock solid for digital stocks
Announcement of Rm21. 6 billions for 12MP chun chun for netx
Last time in 2006 when Pm Badawi announced 9 Mp infrar construction jobs for new highways I bought all the cement stocks
Buying Tasek at rm2. 90, ytl cement at Rm2. 20 and Lafarge cement at 66 sen
Lafarge cement was thrown down in huge blocks by the millions at 66 sen only.
Everytime I buy at 66 sen more were thrown at 66 sen
If only these weak sellers see what was ahead
Lafarge later merged 4 into one with 20 cash payout
So the merged price was Rm2. 20 or about that
From there Lafarge power to cross rm10. 00 into blue chip zone
2019-10-11 10:27
What is true about NETX is also true about Opcom
No big jobs given since year 2009 because Najib after becoming Pm in year 2009 was led atray by Jho Low to siphon money from Malaysia
So no new orders for Fiber OPtic - leaving Malaysia Internet connection in shambles
SO NOW ALL THOSE DELAYED YEARS OF 2009 to 2019 (10 YEARS ALREADY) WILL BE RECTIFIED BY ONE BIG BIG BONANZA JOB TO MAKE UP FOR ALL THOSE LOST YEARS
BOTH OPCOM & NETX WILL DO EXCEEDINGLY WELL
2019-10-11 10:35
Rm2b plus Nfcp with netx infras in place likely thru get some good contracts . That time even 5 Sen will be history
2019-10-11 11:23
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 13:36
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 19:38
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 19:55
Netx will have to consolidate either 4 or 8 to 1 ....like Scomies ..Sanichi..
2019-10-12 01:29
Consolidation?
My Johor Buddies & I bought RceCap at 27.5 Sen when it consolidated from 4 into One and gave out a Cash payout of 7.5 sen per share
Like this
27.5 sen - 7.5 sen = 20 sen
20 sen x 4 = 80 sen
Then Rcecap (best of banking or legalised ah long) powered to Rm1.60 (Up a chun chun 100%
2019-10-12 10:17
Netx, Opcom and Redtone bull run will mirror than of Carimin, Dayang and Penergy
Petronas Rm30 billions for upstream powered up Ogse
Govt Nfcp Rm21. 6 billions for fiberisation will power up Digital stocks like Redtone, NETX and opcom
2019-10-13 23:52
Hi sifu Calvin, I find your observations on ESOS and director acquisition quite interesting.
Last week, Tiger Synergy also offered ESOS at 0.053 and the directors bought at 0.05. Does this indicate a possible buy if it drops to 0.04? How would you look at the situation? Tq
2019-10-14 09:48
Kylee
I didn't follow tiger so cannot comment
I need to study first
Scomies very ok as CEO holding at 10.5 sen firmly
2019-10-14 11:57
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 10:36
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
upshare
Calvin... hope your are right
..
Next may fly......
YES!
NETX WILL NOT ONLY FLY.....
NETX WILL ZOOOOOOOM UP LIKE A ROCKET ONCE JOB AWARD IS ANNOUNCED!!!
17/10/2019 12:06 PM
X
calvintaneng ONCE JOB IS ANNOUNCED?
LIMIT UP!
LIMIT UP!!!
LIMIT UP !!!!!
17/10/2019 12:06 PM
2019-10-17 12:09
calvintaneng
Now. After having done our investigation into Insider and Directors buying prices varying from 1.5 sen to 7 sen. We can safety conclude that their current holding cost will be at least 4 sen or more
That is why we our first target for Netx is 4 sen. At 4 sen I don't think Insiders/directors will let go as it has only rebounded to their cost.
For investing so long and so painstakingly in Netx I think Insiders/directors would want at least a 100% profit from all their years long effort (4 years since 2015). That means their target sell price could be 8 sen.
This is the reason why Calvin Tan Research has given a Target Price of 8 sen for NETX
Anything beyond that will be a bonus
Happy investing
Please remember
Do not contra. Don't sailang with margin. It took time for Netx price to crash from its peak in year 2012 at 26 sen to the lowest rock bottom at half sen. 7 years downtrend
So it takes time for it to go back up. Hopefully in a year's time we see our target price of 4 sen and 8 sen achieved.
Sustain your patience great movements take time to develop
Regards
Calvin
2019-10-11 08:26