THE INVESTMENT APPROACH OF CALVIN TAN
NETX (0020) Capital Consolidation 50 to One with 6 Rights Issues plus 3 free detachable warrants, Calvin Tan Research
calvintaneng
Publish date: Thu, 16 Jul 2020, 11:15 PM
calvintaneng
0 1,812
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Dear Friends of i3 Forum,
Netx has proposed to raise Capital for Gemspot & others by Capital Cosolidation of 50,000 shares into One share. And offers 6 Rights with 3 free detachable warrants
Let us do a break down
If you have 1,000,000 Netx shares bought at 1 sen
Then it will be 1,000,000 divides by 50 = 20,000 New Netx shares (priced at 50 sen each)
Double check the figures
1,000,000 shares at 1 sen = Rm10,000
20,000 at 50 sen = Rm10,000
Ok they tally
After this you will be given 20 forms with Rights Offer of 6 New Netx shares plus 3 free warrants
Assuming each Rights is priced at 10 sen
Then fork out Rm600 for Each Form
20 Forms will be 20 X Rm600 = Rm12,000
So pay Rm12,000 to get 120,000 New Netx shares with 60 New Netx warrants
Total will be Original 20,000 shares after cosolidation Plus 120,000 newly subscribed Netx & 60 free warrants
New Total will be 140,000 New Netx shares with 60 new warrants
How much will Netx be worth
The new Netx shares are pari passu or same Rights with the Consolidated Netx
So One Plus 6 = 7
50 sen divides by 7 = 15.71 sen (the value of New Netx should be 15.71 sen (not including free warrrant)
If warrant trades at 33% of mother then
15.71 X 0.33 = 5.2 sen each
These are only estimated figures for illustrative purposes
Now is it worth participating in Netx Capital Exercise?
It is up to each and every one to decide.
For Calvin he has been bullish on Netx because it still has the Exinda Network Equipment sales for Internet Bandwidth enhancement
The latest quarter result showed it managed to sell Network equipment for Rm3 Millions to Data Center
Further back in year 2011 Ariantec (Sub of Netx) won Rm19.7 Millions Job award from Telekom Malaysia
Will Netx win further Job Award is yet to be seen
Netx is into New Technology of
E KYC
E PAY or CASHLESS PAYMENT
THRU MLAB IN TELE VIDEO CONFERENCING
WITH LAMBO FOR E-FOOD
GEMSPOT FOR E-BOOKING FOR RESTAURANTS
E- DIGITAL CROSS COUNTRY EXCHANGE
PARTNER WITH XOX
SO NETX IS INTO BOTH THE FIBERISATION UPSTREAM & DOWN STREAM APPLICATIONS
SINCE IT IS STILL IN GROWTH STAGE IT NEEDS FUNDING
One thing I like about Netx is its Zealous Leadership & Commitment
As can be Seen By Their Investments thru the years
See
| ASIA BIOENERGY TECHNOLOGIES BERHAD | 08-Apr-2015 | Acquired | 6,000,000 | 0.000 |
 |
| ASIABIO CAPITAL SDN. BHD. | 08-Apr-2015 | Acquired | 6,000,000 | 0.000 |
|
| METRONIC GLOBAL BERHAD | 31-Mar-2015 | Disposed | 4,349,500 | 0.000 |
|
| ASIA BIOENERGY TECHNOLOGIES BERHAD | 31-Mar-2015 | Acquired | 5,000,000 | 0.000 |
|
| ASIABIO CAPITAL SDN. BHD. | 31-Mar-2015 | Acquired |
5,000,000 |
IN YEAR 2015 ASIABIO/FINTEC FIRST EMERGED AS SUBSTANTIAL HOLDERS OF NETX AT 7 SEN ENTRY PRICE
FINTEC IS THE TOP HOLDER OF NETX TODAY
Last year they bought more Netx shares from Open Market priced around 1 sen to 2 sen
See
| ASIABIO CAPITAL SDN BHD | 23-Aug-2019 | Acquired | 19,000,000 | 0.000 |
|
| FINTEC GLOBAL BERHAD | 23-Aug-2019 | Acquired | 19,000,000 | 0.000 |
|
| ASIABIO CAPITAL SDN BHD | 22-Aug-2019 | Acquired | 15,000,000 | 0.000 |
|
| FINTEC GLOBAL BERHAD | 22-Aug-2019 | Acquired | 15,000,000 | 0.000 |
|
| ASIABIO CAPITAL SDN BHD | 15-Aug-2019 | Acquired | 12,000,000 | 0.000 |
|
| FINTEC GLOBAL BERHAD | 15-Aug-2019 | Acquired | 12,000,000 | 0.000 |
|
| ASIABIO CAPITAL SDN BHD | 13-Aug-2019 | Acquired | 20,000,000 | 0.000 |
|
| FINTEC GLOBAL BERHAD | 13-Aug-2019 | Acquired | 20,000,000 | 0.000 |
|
| ASIABIO CAPITAL SDN BHD | 09-Aug-2019 | Acquired | 9,000,000 | 0.000 |
|
| FINTEC GLOBAL BERHAD | 09-Aug-2019 | Acquired | 9,000,000 | 0.000 |
|
| ASIABIO CAPITAL SDN BHD | 08-Aug-2019 | Acquired | 8,000,000 |
And recently Director Tan Sik Eek & 2 other Directors have bought 1 million Netx shares at 1 sen
See
| MR TAN SIK EEK | 07-Jul-2020 | Acquired | 1,000,000 | 0.010 |
|
| MR YONG KET INN | 07-Jul-2020 | Acquired | 1,000,000 | 0.010 |
In this Capital Exercise Directors have undertaken to buy up to Rm10 Millions Rights Issue not subscribed
They have the Vision & Commitment to See Netx Through and become a Success
Now there are lots of doubters & naysayers in our Netx Forum
You have to chose & decide for yourselves
As for Calvin he has chosen to believe & follow Directors
Yes, Calvin chose to Follow Insiders ACTION rather than Outsiders' insinuation
Thank You
Best regards
Calvin Tan Research
Singapore
Please do your own due diligence. In doubt consult your own Stock Brother or Fund Manager.
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Discussions
Be the first to like this. Showing 36 of 36 comments
Warren Buffet likes Company Directors who use own monies to buy Company Shares
This very fact that Director Tan Sik Eek willing to fork out Rm10 Millions from his own pocket shows that Netx Management put their monies and risk it like we do
SEE IF THEY WILL SUCCEED OR NOT
IF YOU BELIEVE JUST BUY
IF NOT THEN GO FIND OTHER BETTER THINGS TO DO
The Book says ,"In all labour there is profit but the talk of the lip tends to penury"
New International Version
All hard work brings a profit, but mere talk leads only to poverty.
New Living Translation
Work brings profit, but mere talk leads to poverty!
English Standard Version
In all toil there is profit, but mere talk tends only to poverty.
Berean Study Bible
There is profit in all labor, but mere talk leads only to poverty.
New American Standard Bible
In all labor there is profit, But mere talk leads only to poverty.
New King James Version
In all labor there is profit, But idle chatter leads only to poverty.
King James Bible
In all labour there is profit: but the talk of the lips tendeth only to penury.
Christian Standard Bible
There is profit in all hard work, but endless talk leads only to poverty.
Contemporary English Version
Hard work is worthwhile, but empty talk will make you poor.
Good News Translation
Work and you will earn a living; if you sit around talking you will be poor.
Holman Christian Standard Bible
There is profit in all hard work, but endless talk leads only to poverty.
2020-07-16 23:31
who stupidhead want subscribe right shares and wait until your neck long when they can simply buy other goreng penny stocks
2020-07-16 23:34
Small fish no money to subscribe to the right shares... only big shark Fintec is buying.
2020-07-17 00:04
Heavy selling?
Not heavy at all
Many are holding 3 millions, 6 millions or 7 millions Netx shares
They sold some to RAISE CASH TO SUBSCRIBE FOR THE RIGHTS & FREE WARRANTS
As for Netx it is still a growing Company
At least it tries & tries & tries its best.
Even Thomas Edison tried and failed over 300 times BEFORE HE SUCCEEDED INVENTING THE LIGHT BULB
GE BOUGHT OVER EDISION ELECTRIC & RENAMED IT TO GENERAL ELECTRIC See
https://www.google.com/search?q=ge+share+price&oq=ge+share+price&aqs=chrome..69i57j0l7.5255j1j7&sourceid=chrome&ie=UTF-8
For Jack Ma no one want to employ him. When he started Alibaba no China Bank want to deal with him. Jack Ma was treated like pariah out cast
YET HE SUCCEEDED BEYOND MEASURE
2020-07-17 00:16
Willwin
Will win ?
You got right I'd but wrong idea lor
Netx is still an inspiring work in progress
Many told Jackma to give up
Banks slam shut their doors to Alibaba in early days
So?
So Alibaba has the last laugh
2020-07-17 10:30
I posted the facts and the figures
Lie or not lie everyone must study and decide
To some who doubt will sell and hold negative thoughts and feeling
To those who believe will take opportunity to buy from those who are selling
Let all decide on their own free choice
2020-07-17 13:10
fact your head la...."share consolidation & right issue" is mostly a con job, please ask all ppl cut loss and move on
2020-07-17 18:39
Why you so shallow?
Suria capital also got share consolidation yet ok to this day
Naim offers Rights issue at 45 sen and Directors offer to subscribe all not taken up
Then Calvin gave buy call for Naim at 52 sen
Naim now 94.5 sen
Naim just disposed a property which will get 68 sen cash
Of the 68 sen 35 sen is pure profit
And Naim going to give a special dividend to reward shareholders
2020-07-17 20:36
NO COMMENT.Ur specialize on right,bonus and warrant calculation.Thx also.
2020-07-18 18:46
Well, I find all your write ups interesting, informative and insightful. Thanks Calvin.
2020-07-18 20:36
All his write-ups? Did you really read his articles from 2016-2020? Did you check what happened to those stocks later?
2020-07-18 23:32
Posted by Xena > Jul 18, 2020 8:36 PM | Report Abuse
Well, I find all your write ups interesting, informative and insightful. Thanks Calvin.
Posted by enigmatic ¯\_(ツ)_/¯ > Jul 18, 2020 11:32 PM | Report Abuse
All his write-ups? Did you really read his articles from 2016-2020? Did you check what happened to those stocks later?
Calvin say thank you to Xena
enigmatic is correct
Calvin also made lots of mistakes along the way
Calvin never claim to be a Sifu
Calvin is a student learning from Everybody Everyday
Even now I am not infallibale
Only thing is
I MUST BE VERY VERY CAREFUL TO CHECK AND DOUBLE CHECK EVERYTHING
So many people I hope to help along Life's pathway
Thank you
2020-07-18 23:50
Kes COVID-19 meningkat, Jakarta umum lanjut penjarakan sosial
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JAKARTA: Gabenor Jakarta, Anies Baswedan, mengumumkan lanjutan tempoh peraturan penjarakan sosial selama dua minggu lagi, susulan data terbaru menunjukkan peningkatan jangkitan COVID-19 di Indonesia.
2020-07-19 12:14
Calvin, is your calcs correct on the right issue? Seems a bit odd but pls verify how do you get 120k new shares with only 20k shares at the start (using your example)
2020-07-19 13:11
Gooner82
It starts with 1 million existing shares
Those already own 1,000,000 shares will see
50 to 1 consolidation
So 1,000,000 divides by 50 =
20,000 New Shares
And will get 20 forms to subscribe 120,000 new shares with 60, 000 new warrants
Total cash out lay if you buy
1,000,000 shares of Netx tomorrow at 1 sen
= Rm10k
And Rm12k to subcribe
So for total Rm22k you
Get 20, 000 + 120, 000= 140,000 New shares plus 60,000 warrants
2020-07-19 14:02
Netx also needs as well to restructure the quality of share holders by the. exercise of conso, ri and f w to obtain top quality investor S like public bank instead of play play, cari makan or contra player. After this exercise, Netx will emerge its value of business then.. its share price will also go up by decrease of Shares and top quality share holders
2020-07-19 16:00
FINTEC/ASIABIO BUYING NETX (0020) AND SELLING OTHERS SHOW GREAT POTENTIAL IN NETX FUTURE, Calvin Tan Research
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-19-story-h1510630333-FINTEC_ASIABIO_BUYING_NETX_0020_AND_SELLING_OTHERS_SHOW_GREAT_POTENTIAL.jsp
2020-07-19 19:57
Netx 3 Directors oblige to subscribe RM 10 million of RI .
>> Ha ha 3 Directors are oblige to subscribe RI RM 10 million , that is 13.61 % after RI .
5246 million/ 50 = 104,920,000
RI = 629,491,596
Total = 734,411,596
>> Do remember ED Tan is given ESOS 688 million which ex already but is not in Substantial shareholder. Current issued shares is 5.246 billion , 688 / 5246 is 13.11 % , plus current buy 2 million = 690/ 5246 = 13.16 %
See the very smart management...
2020-07-19 20:18
Posted by YJInvest > Jul 18, 2020 11:36 PM | Report Abuse
For Calvintaneng, thanks very much for your views on Netx. I reckon you are right and the directors/owners have already put in motion the company's transformation. You mentioned that you have a WhatsApp group - how does one join? Thanks in advance, YJ
You are most welcome as well as all sincere & honest people who wish to invest in sound, good, fundamental stocks
FREE OF CHARGE & NO OBLIGATION
My Joy To Help All True Investors or Learners
Calvin also learning from Everybody Everyday to Improve Myself
Whataspp 019 3384010
Whataspp 014 6101668
Do please state
Name
From where
Your job (No need if you do not wish to disclose & feel at ease)
ALL WARMLY WELCOME
Regards
Calvin
2020-07-19 20:19
Fintec / Asiabio buoght ard 103 million share on August 2019 as Credit Suisse did not subscribed the full qty of the 1st tranche of 1 billion PP shares, only subscribed 150 million shares and disposed on early 2020 .
2020-07-19 20:19
good to your health and still can do posting mah .. why need to have Whatsapp group member .
===
Calvin is also happily retired
MY GREATEST JOY TO HELP ALL MANKIND
Matthew 10:8 freely ye have received, freely give
2020-07-19 20:23
Very good
Here is another wonder proof showing the EXCELLENT LEADERSHIP OF FINTEC/ASIABIO BOSS
They also Issued Rights in XOX early this year
See
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,651,255,354 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN XOX BHD ("XOX" OR THE "COMPANY") ("ICPS") AT AN ISSUE PRICE OF RM0.025 PER ICPS TOGETHER WITH UP TO 662,813,838 FREE DETACHABLE WARRANTS IN XOX ("WARRANTS B") ON THE BASIS OF 4 ICPS TOGETHER WITH 1 FREE WARRANT B FOR EVERY 2 EXISTING ORDINARY SHARES IN XOX ("XOX SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF XOX ON 12 FEBRUARY 2020 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")
Ex-Date 11 Feb 2020
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3019032
Last quarter XOX also posted a loss
But Fintec/ Asiabio/ Netx Boss managed secured job contracts for XOX and its share price AFTER RIGHTS ISSUE JUMPED FROM 4 SEN TO 16.5 SEN UP 300%
SEE
WHAT DIRECTORS OF FINTEC/NETX COULD DO FOR XOX THEY COULD ALSO DO FOR NETX
2020-07-19 23:55
TQ Calvin for your earlier review.
For Calvin he has been bullish on Netx because it still has the Exinda Network Equipment sales for Internet Bandwidth enhancement
The latest quarter result showed it managed to sell Network equipment for Rm3 Millions to Data Center
Further back in year 2011 Ariantec (Sub of Netx) won Rm19.7 Millions Job award from Telekom Malaysia
Will Netx win further Job Award is yet to be seen
Netx is into New Technology of
E KYC
E PAY or CASHLESS PAYMENT
THRU MLAB IN TELE VIDEO CONFERENCING
WITH LAMBO FOR E-FOOD
GEMSPOT FOR E-BOOKING FOR RESTAURANTS
E- DIGITAL CROSS COUNTRY EXCHANGE
PARTNER WITH XOX
SO NETX IS INTO BOTH THE FIBERISATION UPSTREAM & DOWN STREAM APPLICATIONS
SINCE IT IS STILL IN GROWTH STAGE IT NEEDS FUNDING
One thing I like about Netx is its Zealous Leadership & Commitment
As can be Seen By Their Investments thru the years
See
ASIA BIOENERGY TECHNOLOGIES BERHAD 08-Apr-2015 Acquired 6,000,000 0.000 View Detail
ASIABIO CAPITAL SDN. BHD. 08-Apr-2015 Acquired 6,000,000 0.000 View Detail
METRONIC GLOBAL BERHAD 31-Mar-2015 Disposed 4,349,500 0.000 View Detail
ASIA BIOENERGY TECHNOLOGIES BERHAD 31-Mar-2015 Acquired 5,000,000 0.000 View Detail
ASIABIO CAPITAL SDN. BHD. 31-Mar-2015 Acquired 5,000,000
IN YEAR 2015 ASIABIO/FINTEC FIRST EMERGED AS SUBSTANTIAL HOLDERS OF NETX AT 7 SEN ENTRY PRICE
FINTEC IS THE TOP HOLDER OF NETX TODAY
Last year they bought more Netx shares from Open Market priced around 1 sen to 2 sen
2020-10-20 10:19
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
Note:
For Utusan & London biscuit Insiders have SOLD ALL AND PARACHUTED
Both delisted now
FOR NETX FINTEC/ASIABIO HAVE BOUGHT AND BOUGHT
DIRECTORS HAVE BOUGHT & WILLING TO UNDERTAKE TO BUY UP RM10 MILLIONS RIGHTS NOT SUBSCRIBED
SO ALL MUST SEE THE DIFFERENCE
2020-07-16 23:19