Dear Friends, Investors & Traders,
Why is Asiabio Directors buying Netx and not Fintec, Mlab, XOX, DGB, VSolar or other shares in which they are also have Directorships in?
See
NETX
AS YOU CAN SEE CLEARLY ASIABIO HAS BOUGHT A TOTAL OF 130 MILLIONS NETX SHARES IN THE OPEN MARKET WITH PRICES RANGING FROM 1.5 SEN TO 2 SEN
ALTHOUGH THE DIRECTORS OF NETX DO NOT OWN NETX SHARES DIRECTLY THEY INVESTED IN NETX THROUGH THEIR HOLDING OF ASIABIO SHARES OR ALSO CALLED FINTEC
SEE
FINTEC/ASIABIO
MR LEUNG KOK KEONG | 30-Nov-2016 | Acquired | 1,000,000 | 0.000 |
![]() |
MR TAN SIK EEK | 30-Nov-2016 | Acquired | 1,000,000 | 0.000 |
IF YOU CHECK UP THE MISSION STATEMENT OF ASIABIO YOU WILL NOTICE THAT ASIABIO/FINTEC IS AN INCUBATOR COMPANY LIKE OSKVi ONCE DID
OSKVI FOUNDED & INCUBATED 2 SUCCESSFUL COMPANIES CALLED GREEN PACKET & MTOUCHE. ALTHOUGH OSKVi MADE THE MISTAKE OF SELLING OUT GPACKET TOO EARLY AT A LOSS AFTER MANY TRYING YEARS. BUT GPACKET IS NOW A SUCCESS
SO IS ASIABIO/FINTEC. AMONG THE COMPANIES ASIABIO TOOK UP POSITION ARE NETX, FOCUS DYNAMIC, VSOLAR, XOX, DGB, MLAB & OTHERS
AND ASIABIO HAS BEEN DOING AN EXCELLENT JOB IN ITS INVESTMENT SO FAR
SEE ITS BALANCE SHEET
SUMMARY OF KEY FINANCIAL INFORMATION
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INDIVIDUAL PERIOD
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CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
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PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
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PRECEDING YEAR
CORRESPONDING PERIOD |
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30 Jun 2019
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30 Jun 2018
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30 Jun 2019
|
30 Jun 2018
|
||
$$'000
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$$'000
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$$'000
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$$'000
|
||
1 | Revenue |
9,689
|
437
|
9,689
|
437
|
2 | Profit/(loss) before tax |
24,469
|
-31,565
|
24,469
|
-31,565
|
3 | Profit/(loss) for the period |
24,469
|
-31,565
|
24,469
|
-31,565
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
24,471
|
-31,561
|
24,471
|
-31,561
|
5 | Basic earnings/(loss) per share (Subunit) |
4.00
|
-5.53
|
4.00
|
-5.53
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6 | Proposed/Declared dividend per share (Subunit) |
0.00
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0.00
|
0.00
|
0.00
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AS AT END OF CURRENT QUARTER
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AS AT PRECEDING FINANCIAL YEAR END
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||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2869
|
0.3525
|
See the 4 sen profit made by Asiabio/Fintec
Let's take a deeper look by visiting its balance sheet
The Group's revenue for the period ending 30 June 2019 was RM9.69 million, an increase of RM9.25 million or 2.12x as compared to RM0.44 million in the previous year's corresponding period. The increase in revenue for the quarter was
mainly due to the sale of short term marketable securities.
The Group made a profit before tax of RM24.47 million for the period ending 30 June 2019 as opposed to loss before tax of RM31.57 million in the corresponding period ending 30 June 2018 and the net loss attributable to equity holders was RM24.47 million, an increase of profit of RM56.03 million or 1.78x as compared to the net loss attributable to equity holders of RM31.56 million in previous year's corresponding period. The increase of profit was mainly due to mark-to-market gain in the Group's long term marketable securities.
The Group's investment in marketable securities increased by RM19.74 million or 18.9% to RM124.27 million as at 30 June 2019 as compared to RM104.53 million as at 30 June 2018, which was mainly due to fair value gain on quoted securities
FROM THE ABOVE WE CAN CLEARLY SEE THAT ASIABIO/FINTEC ACTUALLY MADE ITS PROFITS FROM
The increase of profit was mainly due to mark-to-market gain in the Group's long term marketable securities.
IN OTHER WORDS ASIABIO MADE MONIES FROM SHARE INVESTMENTS!!!
THIS LATEST QUARTER REPORT OF NETX WAS FOR APRIL, MAY & JUNE MONTH OF SUCCESSFUL INVESTMENT IN QUOTED SHARES
FROM WHAT SHARES?
GO SEE FOCUS DYNAMIC SHARE PRICE
Company Website
Annual Report
General Meetings
SEE HOW ASIOBIO DIRECTORS MADE A CHUN CHUN BUY ON FOCUS AT 13.5 SEN. AND FOCUS UP 177% TO REACH 37.5 SEN (Please don't chase Focus now)
SEE HOW & WHEN ASIABIO BOUGHT
ON JUNE 13TH 2018 ASIABIO BOUGHT FOCUS SHARES FROM OPEN MARKET AT ONLY 13.5 SEN
FOCUS DYNAMIC AT CURRENT PRICE OF 37.5 SEN MEANS IT HAS GAINED 177% ALREADY
NOT BAD AT ALL IN JUST ONE YEAR 4 MONTHS
NOW YOU MUST KNOW ASIABIO BOUGHT 103 MILLIONS NETX SHARES FROM AUGUST 6 TO 23 2019 AS HIGH AS 2 SEN
SHOULD NETX ALSO PERFORM LIKE FOCUS DYNAMIC AT 177% RISE THEN IT WILL BE 5.54 SEN PER SHARE FOR NETX
SURPRISINGLY, ASIABIO DID NOT SELL ITS FOCUS SHARES. SO WILL ASIABIO BE STILL HOLDING NETX SHARES WHEN NETX ALSO EVENTUALLY CROSS 5 SEN?
I THINK SO
WITH NOTHING TO PUSH FOCUS IT CAN STILL GO UP 177% NOW WITH RM21.6 BILLIONS PUSHING NETX CALVIN THINKS IT COULD EASILY MOVE UP TO OUR TARGET PRICE OF 8 SEN EASILY
THINK AHEAD WITH ME NOW
TODAY, ONLY CALVIN IS CALLING FOR A BUY ON NETX AT 2 SEN WITH MANY DOUBTERS ABOUND
WHEN NETX SHARE PRICE FINALLY CROSSES 8 SEN OR EVEN 15 SEN YOU MUST NOT BE SURPRISED THAT OTHER SIFU & GURU WILL STILL ASK YOU TO CHASE
BY THEN PLEASE BE VERY CAREFUL
BUT FOR NOW JUST BUY WHILE STILL SO CHEAP!!
BEST REGARDS
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
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Holland King Calvin Tan's Chun Chun call you to Holland again !!
Ha Ha Ha !!
2019-11-01 10:39
I see Lewis Lee likes velesto
Calvin already made 6 figures from velesto
Fyi
2019-11-01 13:50
Next year will be a Rat year for Fintec ,VSolar, Netx, MNCs,AT, and all Fintec member companies....collect and wait...
2019-11-13 10:17
jaynetan
Fintec is the holding company
2019-11-01 01:22