THE INVESTMENT APPROACH OF CALVIN TAN

NETX HAS A 70/30 FIGHTING CHANCE TO SURVIVE AND DO WELL IN THE DIGITAL ECONOMY (REPOSTING), Calvin Tan Research

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Publish date: Wed, 17 Jun 2020, 08:49 PM
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Hi Guys,

I have An Investment Approach I which I would like to all.
Following Message

Dear Investors/Traders  (PLEASE READ TILL THE VERY END AS I TYPE)

NETX Has been a totally sold down & bombed out stock now at 1 sen only

After doing a deeper investigation Calvin Tan Research thinks NETX has a 70% FIGHTING CHANCE OF DOING WELL IN YEAR 2020 BECAUSE OF THE NEW FOUND THRUST OF THE DIGITAL ECONOMY

And these are some Highlights

1) At 1 sen NETX Is selling at a 66% Discount to NTA which is more than double the margin of safety required by Ben Graham

2) A deeper check into NETX Accounts showed that NETX has a healthy Cash Hoard of Rm34 Millions which is about 1.2 sen in Cash

So NETX at 1 sen is even selling below Cash Value of 1.2 Sen. By buying at 1 sen we get extra 0.2 sen Cash & the Entire Business of NETX “FREE”

3. BEING A NEW INNOVATIVE START UP NETX Need to Raise Capital for expenditure & Investments

Now since Banks are not too willing to lend NETX has raised Capital from Rights Issues, ESOS, Private Placements  & Finally, An Injection of Rm20 Millions by Macquirie Bank

a) Rights Issues

[NETX] Rights Issue on 04-May-2016Stock[NETX]: NETX HOLDINGS BHDAnnouncement Date04-May-2016
Financial Year SubjectRights IssueTypeRightIssueDescriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 625,553,033 NEW ORDINARY SHARES OF RM0.05 EACH IN NETX (“NETX SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING NETX SHARE HELD AS AT 5.00 P.M. ON 18 MAY 2016 AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE, TOGETHER WITH UP TO 625,553,033 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR (“RIGHTS ISSUE OF SHARES WITH WARRANTS”)Amount1 : 1Ex Date16-May-2016Entitlement Date18-May-2016Payment Date

LET’S CALCULATE

1 RIGHTS AT 5 SEN WITH ONE FREE  WARRANT FOR ONE EXISTING NETX SHARES ON MAY 16TH 2016

COST PER RIGHTS AND WARRANT WAS 5 SEN (WARRANT EXPIRED IN JUNE 2019) SO TODAY NETX AT 1 SEN WE ARE GETTING IN AT 80% DISCOUNT TO THOSE WHO TOOK UP RIGHTS ISSUE

b) EMPLOYEES ESOS

OTHERS NETX HOLDINGS BERHAD (“NETX” OR “THE COMPANY”) – OFFER OF OPTIONS UNDER SHARE ISSUANCE SCHEME (“SIS”)

NETX HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description NETX HOLDINGS BERHAD (“NETX” OR “THE COMPANY”) – OFFER OF OPTIONS UNDER SHARE ISSUANCE SCHEME (“SIS”)

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, NETX wishes to announce that it has offered options to eligible employees under its SIS, the details of which are as follows:-(a)  Date of offer: 3 August 2017(b)  Exercise price of options offered: RM0.04 each(c)  Number of options offered: 162,500,000

SO OUR ENTRY PRICE AT 1 SEN IS 75% CHEAPER THAN EMPLOYEES ESOS PRICE

This was What Happened in Year 2006/7 for Ptaras Jaya. ESOS for PTARAS WAS RM1.90. And Ptaras share price dropped to Rm1.40 in the open market. So my Johor Sifu called for a srong buy on PTaras Jaya at Rm1.40 (35% DISCOUNT TO PTARAS EMPLOYEE ESOS)PTARAS LATER POWERED TO RM7.00 & SPLIT (UP 500%)

 c) PRIVATE PLACEMENTS PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES TO THIRD PARTY INVESTOR(S) On 15 March 2018, The Company propose to undertake the private placement of new ordinary shares of up to 10% of the total number of issued shares of the Company to third party investor(s). The private placement has been completed on 20 April 2018 following the listing and quotation of 243,998,000 placement shares at RM0.0271 per placement shares on the Ace Market of Bursa Securities, raising RM6,612,346 for the Company.

Private placement to priviledged investors at 2.71 sen is still more than 150% the share price of Netx at 1 sen currently 

 d) MACQUIRIE BANK TOOK UP BIG CHUNCKS OF 500 MILLIONS NETX SHARES AT 4 SEN ON PRIVATE PLACEMENT Finally Macquirie Bank invested Rm20 Milions in NETX at 4 sen a shares NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD (“NETX” OR THE “COMPANY”) ISSUANCE AND ALLOTMENT OF UP TO 500 MILLION NEW ORDINARY SHARES IN NETX TO MACQUARIE BANK LIMITED (“SHARE ISSUANCE”)NETX HOLDINGS BERHAD
TypeAnnouncementSubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISINGDescriptionNETX HOLDINGS BERHAD (“NETX” OR THE “COMPANY”) ISSUANCE AND ALLOTMENT OF UP TO 500 MILLION NEW ORDINARY SHARES IN NETX TO MACQUARIE BANK LIMITED (“SHARE ISSUANCE”)(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the announcement dated 16 June 2017 in relation to the Share Issuance.)The Company had on 18 January 2018 received a Subscription Notice and the Subscription Payment Amount for a total of 27,000,000 Subscription Shares from Macquarie Bank. Accordingly, the Company had on 19 January 2018 issued and allotted 27,000,000 Subscription Sharesat an issue price of RM0.04 to Macquarie Bank. Such 27,000,000 Subscription Shares are expected to be listed and quoted on the ACE Market of Bursa Securities on 22 January 2018.Following the above, the Share Issuance shall be deemed completed upon the listing and quotation of such Subscription Shares on 22 January 2018. The Company wishes to inform that the 500 million Subscription Shares under the Share Issuance have been fully subscribed by Macquarie Bank and the Company has raised total proceeds of RM21.1 million from the Share Issuance.This announcement is dated 19 January 2018.

IF MACQUIRIE BANK DARED TO BUY 500 MILLIONS NETX SHARES AT 4 SEN WHY WE CANNOT BUY NETX AT 1 SEN WITH THE DIGITAL ECONOMY EMPHASIS NOW IN PLAIN SIGHT?

YOU MUST REMEMBER THAT GPACKET WAS ONCE A STARTUP UNDERTAKEN BY OSKVI

OSKVI LAUNCHED 6 START UPS WITH SEED MONEY. TODAY GPACKET HAS TURNED INTO A SUCCESS STORY OVER 70 SEN NOW

EVERY TREE GROWS FROM A SEED

THE SEED MONEY FOR GPACKET WAS PROVIDED BY OSKVI

ALL THE EMPLOYEES WHO TOOK UP ESOS AT 4 SEN, RIGHTS AT 5 SEN, PRIVATE PLACEMENT AT 2.71 SEN & MACQUIRIE PP AT 4 SEN ARE POOLED SEED MONEY TO WATER THIS SEED CALLED NETX

NETX HAS NOW REACHED THE BORDERS OF THE PROMISED LAND = THE DIGITAL ECONOMY THAT SHOULD REVOLUTIONISE INTERNET GROWTH LIKE NEVER BEFORE IN MALAYSIA

EPF HAS FIRED THE FIRST SALVO

SEE

EPF launches digital investment platform in worldwide first

KUALA LUMPUR: The Employees Provident Fund (EPF) has become the first retirement fund in the world to link members to online investment services through the introduction of an online investment platform called i-Invest.

EPF chairman Samsudin Osman, who launched the platform here today, attributed it to the new era of digitisation which he said had compelled the fund to give its members better value.

i-Invest allows members to access, analyse, monitor and make transactions online.

Nearly 2,500 members have transacted a total of RM32 million since EPF released the beta version of the platform on Aug 19.

Members can access the platform via their online accounts to invest a portion of their Account 1 into unit trust funds offered by EPF-approved fund management institutions.

AND TELEKOM HAS BEEN GIVEN 50% OF THE RM21.6 BILLIONS FOR NATIONWIDE FIBERISATION

IN NETX OFFICIAL WEBSITE THEY STATED THAT THEY HAVE DONE INFRAR JOB FOR TELEKOM

Our Projects

With more than 15 years of track record

Telekom Malaysia

Telekom Malaysia

We helped installed Telekom Malaysia infrastructure

From Netx official website

 

SO NETX IS A STARTUP WITH AN INCREASINGLY BRIGHT PROSPECT AHEAD

 

INSIDERS ALSO SEE AHEAD AND JUST BOUGHT CHUNKS OF NETX SHARES

 

 

 

Calvin Tan Research has a Target price for NETX at 8 sen

If Green Packet Could go up from its 5 year low of 19 sen on 16 July 2015 to over 70 sen today Calvin thinks in 4 years time Netx could reach 8 sen when THE DIGITAL ECONOMY IS IN FULL SWING

 

BEST REGARDS

Calvin Tan Research

Singapore

 

Please buy/sell after doing your own due diligence

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Discussions
Be the first to like this. Showing 2 of 2 comments

sensonic

SIFU CALVIN , TOMORROW I WILL SPEND 50K FOR NETX. HOPE I CAN GET 5000 LOTS.

2020-06-17 20:56

calvintaneng

Yes time to buy Netx is now as price is so cheap

2020-06-18 07:03

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