Best123

Best123 | Joined since 2017-10-16

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

8,271

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
8,271
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2020-11-26 19:39 | Report Abuse

Foreign funds sapu netx , next week accelerate probably

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

NETX HOLDINGS BERHAD
Particulars of Substantial Securities Holder

Name CREDIT SUISSE AG, DUBLIN BRANCH
Address Kilmore House, Park Lane, Spencer Dock, Dublin 1, Ireland
Ireland.
Company No. 907656
Nationality/Country of incorporation Ireland
Descriptions (Class) Ordinary Shares
Name of registered holder CREDIT SUISSE AG, DUBLIN BRANCH
Address of registered holder HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR CREDIT SUISSE AG (DUB CLT N-TREAT)/
No. 2, Leboh Ampang
50100 Kuala Lumpur
Date interest acquired & no of securities acquired

Date interest acquired 24 Nov 2020
No of securities 29,530,000
Circumstances by reason of which Securities Holder has interest Acquisition of 29,530,000 shares on 24 November 2020. Credit Suisse AG, Dublin Branch has direct interests, given it has the right to rehypothecate the shares belonging to its clients' holdings.
Nature of interest Direct Interest

Total no of securities after change

Direct (units)
52,470,000
Direct (%)
6.28
Indirect/deemed interest (units)
0
Indirect/deemed interest (%) 0
Date of notice 24 Nov 2020
Date notice received by Listed Issuer 26 Nov 2020


Announcement Info
Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 26 Nov 2020
Category Notice of Interest of Substantial Shareholder Pursuant to Section 137 of CA 2016
Reference Number CS1-26112020-00001

Stock

2020-11-26 19:37 | Report Abuse

TK calvin , kita pegang , tak mau jual murah kepada mereka :)

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

NETX HOLDINGS BERHAD
Particulars of Substantial Securities Holder

Name CREDIT SUISSE GROUP AG
Address Paradeplatz 8, Zurich, 8001, Switzerland
Switzerland.
Company No. CH-020.3.906.075-9
Nationality/Country of incorporation Switzerland
Descriptions (Class) Ordinary Shares
Name of registered holder Credit Suisse AG, Dublin Branch
Address of registered holder HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR CREDIT SUISSE AG (DUB CLT N-TREAT)/
No. 2. Leboh Ampang
50100 Kuala Lumpur
Date interest acquired & no of securities acquired

Date interest acquired 24 Nov 2020
No of securities 29,530,000
Circumstances by reason of which Securities Holder has interest Acquisition of 29,530,000 shares on 24 November 2020 by Credit Suisse AG, Dublin Branch. Credit Suisse Group AG has deemed interests.
Nature of interest Deemed Interest

Total no of securities after change

Direct (units)
0
Direct (%)
0
Indirect/deemed interest (units)
52,470,000
Indirect/deemed interest (%) 6.28
Date of notice 24 Nov 2020
Date notice received by Listed Issuer 26 Nov 2020


Announcement Info
Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 26 Nov 2020
Category Notice of Interest of Substantial Shareholder Pursuant to Section 137 of CA 2016
Reference Number CS1-26112020-00002

Stock

2020-11-26 16:42 | Report Abuse

Investors buy from desperate cash poor traders. Almost done kut

Stock

2020-11-26 16:11 | Report Abuse

Daily volume 50-100mil +++ at 14.5sen, habislah syer murah kan?

Stock

2020-11-26 16:10 | Report Abuse

After all the cheap shares at 14.5sen disapu bersih, up kut

Stock

2020-11-26 15:54 | Report Abuse

TOKYO: Japanese shares closed at a more than 29-and-a-half-year high on Thursday, as tech shares tracked overnight advances on the U.S. Nasdaq, but worries over latest coronavirus restrictions at home hindering economic recovery capped gains.

The Nikkei share average ended up 0.91% at 26,537.31, its highest closing level since April 1991. There were 101 advancers on the index against 118 decliners.

The broader Topix added 0.6% to 1,778.25.

Stock

2020-11-26 15:53 | Report Abuse

Rebound is otw boosted by political news too

Budget 2021 approved by Dewan Rakyat

More to come

Stock

2020-11-26 15:36 | Report Abuse

~60m shares++be patient , let THe investors collect enough share at 14.5sen b4 taking off

Stock

2020-11-26 12:42 | Report Abuse

Netx buat eWallet , harap netx buat cryptocurrency soon :)

Stock

2020-11-26 12:41 | Report Abuse

Netx so laku, dah jadi commodity kini kut

TK calvin :)

Stock

2020-11-26 12:36 | Report Abuse

~41mil shares traded .. netx is actively traded, so liquid nowadays :)

Stock

2020-11-26 11:57 | Report Abuse

Clearing 14.5sen pretty fast nampaknya

Stock

2020-11-26 11:28 | Report Abuse

Date Range Close Volume
25/11/2020 0.14 - 0.15 0.14 111,934,800
24/11/2020 0.14 - 0.155 0.14 99,754,300
23/11/2020 0.14 - 0.155 0.145 167,832,400
20/11/2020 0.135 - 0.15 0.145 148,813,900
19/11/2020 0.135 - 0.145 0.135 58,224,000
18/11/2020 0.14 - 0.24 0.14 1,009,635,900
17/11/2020 0.175 - 0.19 0.175 144,603,800
16/11/2020 0.165 - 0.18 0.18 137,886,800
13/11/2020 0.16 - 0.18 0.165 202,532,600
12/11/2020 0.16 - 0.17 0.165 70,077,200
11/11/2020 0.16 - 0.175 0.17 165,590,700
10/11/2020 0.135 - 0.185 0.165 253,575,400
09/11/2020 0.135 - 0.145 0.14 77,495,800
06/11/2020 0.12 - 0.15 0.14 210,315,400

Stock

2020-11-26 09:27 | Report Abuse

NetX Holdings Berhad has come a long way since its incorporation in year 2000 when it started off dealing primarily in the supply of network equipment and infrastructure. Fast forward to 20 years later, NetX Holdings has now ventured into the mobile application space via GEM, a lifestyle platform allowing its users to stay connected to their favourite restaurants, entertainment outlets, bars and clubs as well as entertainment events such as concerts, musicals and comedy shows. Since its launch in October 2018, GEM has undergone continuous upgrades and enhancements with the introduction of new features including GEM’s very own payment gateway planned for launch.

Stock

2020-11-26 09:25 | Report Abuse

Focus Dynamics is a lifestyle food and beverage operator with two outlets in the Klang Valley and operates a “cloud kitchen” that supplies meals to restaurants and also for its delivery services. It is 25.3%-owned by Fintech Global, which has interest in a number of listed companies, including Lambo Group Bhd, AT Systemization Bhd, Saudee Group Bhd and NetX Holdings Bhd.

Stock

2020-11-26 09:21 | Report Abuse

Rebound otw hopefully. It is done!


(吉隆坡14日讯)NETX控股(NETX,0020,创业板科技组)调整7月中旬提议的股票整合比例,由当初的“50变1”降至“25变1”。

2计划调整

此前宣布的附加股和凭单计划也将调整至2股配6附加股送3凭单,原有提议为每股配6附加股送3凭单。

该公司发表文告说,根据最新提出的“25变1”计划,缴足股本在整合后将由52亿4576万3316股减少到2亿零983万零532股,以每股参考股价1仙推算,届时股价也会提高到每股25仙。

在完成股票整合后,该公司建议以2配6送3凭单比例配售最多6亿2949万1596股附加股及配送最多3亿1474万5798张凭单。

筹6295万

以每股10仙计,该公司预计可从附加股计划中筹集最多6294万9000令吉资金,主要用于GemSpot和GemSpotLite的行销费(2500万令吉)、资产收购(1500万令吉)、营运资本(904万9000令吉)、系统开发(800万令吉)、平台开发(500万令吉)等用途。

上述系列计划完成后,该公司的缴足股本将调整到最多11亿5406万7926股,总额为2亿1890万2671令吉。

Stock

2020-11-26 09:18 | Report Abuse

Netx will be next one, profitable one :)

0116 FOCUS FOCUS DYNAMICS GROUP BERHAD
Quarterly rpt on consolidated results for the financial period ended 30/09/2020
Quarter: 3rd Quarter
Financial Year End: 31/12/2020
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/09/2020 30/09/2019 30/09/2020 30/09/2019
RM '000 RM '000 RM '000 RM '000
1 Revenue 22,158 9,874 42,880 29,129
2 Profit/Loss Before Tax 5,945 496 10,967 3,152
3 Profit/(loss) attributable to ordinary equity holders of the parent 4,188 (70) 7,264 1,225
4 Net Profit/Loss For The Period 4,106 (119) 7,174 1,256
5 Basic Earnings/Loss Per Shares (sen) 0.20 0.00 0.36 0.06
6 Dividend Per Share (sen) 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 (RM) 0.0228 0.0193
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

25/11/2020 06:17 PM


Ref Code: 202011253100415

Stock

2020-11-26 08:58 | Report Abuse

Semoga jadi hari ini :)

Stock

2020-11-26 08:55 | Report Abuse

Netx might distibute vaccine too like mlab :)

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

MLABS SYSTEMS BERHAD

Particulars of substantial Securities Holder

Name NETX HOLDINGS BERHAD
Address 802, 8TH FLOOR, BLOCK C
KELANA SQUARE, 17 JALAN SS7/26
PETALING JAYA
47301 Selangor
Malaysia.
Company No. 533441-W
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Nov 2019
8,000,000
Acquired Deemed Interest
Name of registered holder First United Technology Limited
Address of registered holder 6/F CNT Commercial Building No. 302, Queen's Road Central Hong Kong
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of Shares in the Open Market
Nature of interest Deemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 133,200,000
Indirect/deemed interest (%) 19.866
Total no of securities after change 133,200,000
Date of notice 21 Nov 2019
Date notice received by Listed Issuer 21 Nov 2019

OTHERS MLABS SYSTEMS BERHAD - DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD.

MLABS SYSTEMS BERHAD

Type Announcement
Subject OTHERS
Description MLABS SYSTEMS BERHAD
- DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD.
The Board of Directors of Mlabs Systems Berhad (“Mlabs” or the “Company”) wishes to inform that Mlabs Research Sdn. Bhd. (“Mlabs Research”), a wholly owned subsidiary of the Company, had on 19 November 2020 entered into a Digital Distribution Agreement (“Agreement”) with mTouche International Sdn. Bhd. (“MISB”) to promote, market, and distribute Novel Coronavirus (SAR-CoV-2) RP-PCR Detection and Diagnostic kit and Novel Coronavirus (SAR-CoV-2) lgM/lgG Rapid Test Kit, and other equivalent products in Malaysia and South East Asia Region only through Mlabs digital distribution channel.



MISB is a wholly owned subsidiary of mTouche Technology Berhad which the group is engaged in the provision of mobile value-added services and digital medial marketing to more than 40 mobile network operators, who are reaching out to more than 640 million subscribers throught its operation in South East Asia market and Hong Kong.



The Agreement is to a period of one (1) year, commencing on and from 19 November 2020, unless otherwise mutually extended or terminated. Either party may terminate the Agreement upon delivery of written notice at least 30 days prior to such termination.



The Agreement will not have any effects on the share capital and shareholding structure of the Company. However, it is expected to have positive contribution to the earnings and net assets of Mlabs Group.



Similar to all business entities, the risk factors affecting the execution of the Agreement, including but not limited to business risks such as prudent financial management, changes in political, economic and regulatory conditions. However, the Board will continue to exercise due care in considering the risks associated with the Agreement and will take appropriate measures in planning the successful execution of the Agreement.



The Agreement being incurred in the ordinary course of business, is not subject to the approval of the shareholders.



None of the Directors and/or other major shareholders of the Company and/or any persons connected to them have any interest, direct or indirect, in relation to the Agreement.



The Board, after due consideration, is of the opinion that the Agreement is in the best interest of the Group.



This announcement is dated 19 November 2020.

Stock

2020-11-26 08:51 | Report Abuse

The big opportunity in this space is digital transformation.” — Jonathan Curtis, vice-president of Franklin Equity Group
KUALA LUMPUR (June 23): Technology sector will see "powerful acceleration" growth in both revenue and earnings, according to Franklin Templeton Investments.
"Once we get through this crisis, we're going to start seeing very powerful acceleration, not only in revenue but in earnings for this sector," said Jonathan Curtis, vice-president of Franklin Equity Group at Franklin Templeton Investments, in "Tech Sector in the Post Pandemic World" webinar session today.
"Investors are so positive about this sector right now. Because coming out of this crisis, it (the tech sector) is well positioned to drive very strong growth," he said.
Curtis highlighted that the expected exponential growth would materialise in the coming three to five years.
"The Covid-19 [pandemic] has accelerated the opportunity in this space and we think coming out of this current challenge, we are going to see an acceleration in technology investment," said Curtis.
In terms of valuation, Curtis said the sector's valuation is reasonable, given its long-term growth potential and high quality of growth.
He believes that the IT sector's valuation is elevated but not excessive, and when compared with valuations of the S&P 500, the tech index is only at an 8% premium currently.
Curtis pointed out that the price-to-earnings multiple on S&P 500 info technology index of 25.01 times currently is nowhere near the level in 1999 to 2000 of over 50 times. "Thus, we don't think this is a bubble," he said.
On the local front, technology stocks can be seen swarming the top gainers list in the recent three months. Bursa Malaysia technology index, from this year's low of 23.81 points in March, has jumped 73.2% to 41.24 points at the time of writing.
The stellar performance of the four FANG stocks has helped fuel the upward trend among Malaysian tech stocks. All three Apple Inc, Netflix Inc and Amazon.com Inc have just hit a record high on Wall Street.
Alphabet Inc, on the other hand, has rebounded US$400 to US$1,451.86 from the low in March.
Curtis expressed his optimism about the tech sector, saying that its growth "is going to go on for a long time" on the back of digital transformation.
"The big opportunity in this space is digital transformation," said Curtis, saying that it will be supported by growth drivers such as artificial intelligence, fintech, internet of things, and 5G technology, among many others.
Curtis said the demand and the need to use the technology have really soared during the Covid-19 pandemic.
"We needed to learn how to work from home, educate from home, shop from home, exercise from home, healthcare from home, socialise from home and dine out from home," he said, adding that there has been a massive retraining of consumers on how the services work and what it could do, during the lockdown.
Curtis noted that consumers and businesses are going to continue to use these digital services and that retraining will continue not just until a vaccine is broadly administered, but even post the Covid-19 crisis.
Furthermore, he said that the tech sector has a "very good quality" being the third-most profitable sector across the S&P 500 by earnings before interest, tax, depreciation and amortisation margins, adding that it is also one of the few S&P 500 sectors that are net cash positive.

Stock

2020-11-26 08:48 | Report Abuse

Common shareholder between focus dynamic and netx too :)


Who are Focus Dynamics’ shareholders?
Just as it is hard to explain its price surge, it is equally hard to know the people who control Focus Dynamics as they are hidden behind corporate entities.

Among its largest shareholders is Credit Suisse Group AG, which had 9.95% equity interest as at Aug 18, according to exchange filings. Who Credit Suisse is holding these shares for is unknown. Meanwhile, in its annual report, the list of 30 largest shareholders has very few individual names and comprises mostly merchant banks holding for clients.

Focus Dynamics’ single largest shareholder as at June 1 was Asiabio Capital Sdn Bhd, which had a 25.05% stake. Asiabio is controlled by business incubator and strategy advisory Fintec Global Bhd.

According to Fintec Global’s annual report, its only ultimate substantial shareholder as at June 24, 2019, was Adamas Finance Asia Ltd, holding 5.21%. Meanwhile, on its list of top 30 shareholders, UOB Nominees is named as holding 6.15% for Sanston Financial Group Ltd.

Stock

2020-11-26 08:39 | Report Abuse

Sudah mau datang kut :)

Our Incubatees - Fintec Global Berhad
Focus Dynamics Group Berhad is primarily focused in the food and beverage (“F&B”), lifestyle ... NetX Holdings Berhad
Imagewww.theedgemarkets.com › article
Brahim's steps up efforts to grow non-aviation business ...
4 Nov 2020 — Focus Dynamics' entry to expand Brahim's revenue base ... Group Bhd, AT Systemization Bhd, Saudee Group Bhd and NetX Holdings Bhd.
Imagewww.sharetisfy.com › 2020/07 › fin...
FINTEC/ASIABIO BUYING NETX (0020) AND SELLING ...
19 Jul 2020 — See how Focus Dynamic Rose by more than 1,000% from 12.5 sen on June 26th 2018 to Rm1 .33 today

Stock

2020-11-26 08:33 | Report Abuse

Tech Stocks continue to rise in USA :)

NASDAQ Composite (IXIC)
NASDAQ
12,094.40 +57.08 +0.47%
17:15:00 - Closed. Currency in USD

Stock

2020-11-26 08:30 | Report Abuse

Oversea Restaurant's tantalising Signature Char Siew and Siew Yoke Rice Sets are now EXCLUSIVELY on GemSpot for delivery.

Use promo code GEMMEALS for RM6 OFF on delivery or get FREE DELIVERY up to 40km with min spend of RM250.

Oversea Restaurant [Jalan Imbi] Oversea Restaurant [Sri Petaling] #mygemspot #gemspot #charsiew #siewyoke #bbqpork #fooddelivery


GemSpot is now offering catering bundle menus from select eateries to solve all your large party needs!

Enjoy FREE DELIVERY within 40km on orders with a min spend of RM250.

#mygemspot #gemspot #gemcaters #cateringmenu #houseparty #officeparty LAVO Oversea Restaurant [Jalan Imbi]Baan Kun Ya Abba Hot Pot & Japanese Fusion SS2 热锅上的蚂蚁 Ant Hotpot Jaren's Signature Hotpot Fujiyama M Fried Chicken Aunty Sam Satay Cauli & Rice Pao Xiang Bah Kut Teh 宝香绑线肉骨茶

Stock

2020-11-26 08:28 | Report Abuse

Netx started to have exclusive biz deals with oversea group is a good start as oversea is expanding :)

OVERSEA ENTERPRISE BERHAD (“OVERSEA” OR THE “COMPANY”)
PROPOSED PRIVATE PLACEMENT OF UP TO 48,503,000 NEW ORDINARY SHARES IN OVERSEA, REPRESENTING UP TO APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF OVERSEA (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 12 November 2020 in relation to the Proposed Private Placement (“First Announcement”), where applicable, unless stated otherwise or defined herein.)
Reference is made to the First Announcement dated 12 November 2020 in relation to the Proposed Private Placement.
On behalf of the Board, Mercury Securities wishes to announce the following additional information:-
1. FURTHER INFORMATION ON THE USE OF PROCEEDS
Reference is made to Sections 3(i) and 3(ii) of the First Announcement in relation to the utilisation of proceeds for the (i) refurbishment of existing outlets and setting up of new outlets and (ii) working capital.
(i) Setting up of new outlets
The proceeds of RM12.0 million allocated for the setting up of new outlets are intended to fund the start-up costs of at least two new outlets, taking into consideration, amongst others, the size of outlets, extent of the renovation and locations to be identified.
(ii) Working capital
The proceeds earmarked for working capital purposes will be used for the Group’s operational and administrative needs in its day-to-day operations, including costs of raw materials used in meal preparation (such as raw meat, seafood, vegetables, grains, fruits, beverage and condiments) to be purchased from various suppliers of the Group, staff costs (including wages and salaries, bonus, overtime, insurance expense and other staff benefits), utilities as well as rental expenses in respect of the Group’s premises and office expenses in relation to the operation of the Group’s F&B outlets, factory, warehouse, headquarters and staff accommodation.
The actual breakdown of these expenses cannot be determined at this juncture as it will depend on the actual operating and administrative requirements of the Group at the relevant time, taking into consideration the Group’s expansion of new outlets.
2. FURTHER INFORMATION ON THE STEPS TAKEN BY THE GROUP TO IMPROVE ITS FINANCIAL CONDITION
Reference is made to Section 2, Appendix I of the First Announcement. The Company wishes to provide further information as follows:-
(i) The various steps undertaken by the Group to improve its financial and operational performance during the past few years include implementation of cost cutting measures such as reducing staff wages and salaries, closing down under-performing F&B outlets, opening new F&B outlets in prime locations as well as continuously strengthening the Group’s Restaurant Segment and Manufacturing Segment.

(ii) The under-performing F&B outlets that were closed down by the Group over the past 3 financial years are as follows:-
(a) (b)
(c)
1 outlet located at Taipei, Republic of China in FYE 31 March 2018;
1 outlet located at Subang, Selangor and 1 outlet located at Ampang, Selangor in FYE 31 March 2019; and
1 outlet located at Genting Highlands, Pahang and 1 outlet located at Bukit Bintang, Kuala Lumpur in FYE 31 March 2020.
(iii) The Group has continuously strived to improve the performance of its existing businesses in the Restaurant Segment and Manufacturing Segment in order to remain competitive in the F&B industry. This had allowed the Group to maintain its gross profit margin at approximately 60% from FYE 31 March 2018 to FYE 31 March 2020 despite the decrease in the Group’s revenue for the past 3 financial years (as set out in Section 1, Appendix 1 of the First Announcement).
(iv) As a result of the COVID-19 pandemic and the implementation of the MCO (including subsequent phases of movement control orders), there are various restrictions placed on the Group’s F&B outlets such as limitation of dine-in customers per table and social distancing measures. Hence, the measures of promoting take away packages and the provision of door to door delivery services were undertaken by the Group to compensate for the lost sales from dine-in customers whereas the costs containment measures were necessary to sustain the cashflow of the Group amidst the decline in sales and business operation.
(v) In respect of the heads of agreement entered into by the Company and Focus Dynamics Group Berhad on 6 October 2020, the parties are still in early phase of discussion in relation to the collaboration to establish new product offerings in local and expanded markets as at the date of this announcement. Any new product offerings shall only be implemented upon finalisation of the details by both parties.

Stock

2020-11-26 08:21 | Report Abuse

Good start! More good news OTW.

Netx started Biz deal with oversea restaurants of eddie chai.

Oversea Restaurant's tantalising Signature Char Siew and Siew Yoke Rice Sets are now EXCLUSIVELY on GemSpot for delivery.

Use promo code GEMMEALS for RM6 OFF on delivery or get FREE DELIVERY up to 40km with min spend of RM250.

Oversea Restaurant [Jalan Imbi] Oversea Restaurant [Sri Petaling] #mygemspot #gemspot #charsiew #siewyoke #bbqpork #fooddelivery

Stock

2020-11-25 12:47 | Report Abuse

Be patient.

Note: calvin’s recent remark

have Netx because of its Vision and Mission statement

Netx is still a disruptive Tech of the future just like Google, amazon, Alibaba, tesla , beyond meat and Facebook and Netflix

So give Netx time

Don't listen to naysayers

If you believe just buy and hold


@BabyAce Victor why price cannot go up one?
25/11/2020 12:34 PM

Stock

2020-11-25 12:32 | Report Abuse

As at 31/8/2020



Quick RatioMRQ
18.23
Current RatioMRQ
18.23
LT Debt to EquityMRQ
1.75%
Total Debt to EquityMRQ
2.04%

Stock

2020-11-25 12:28 | Report Abuse

Q4 results , Jan 2021 keluar :)

At this juncture, the Group plans to maintain the on-demand food delivery feature as a permanent component of the GEM Universe ecosystem. GemSpot will also offer digital marketing support through its unique Key Opinion Leader (KOL) marketing program which will be built into the existing GemSpot app platform and is meant to function as a marketing awareness tool for businesses. The development for these enhancements have commenced in April 2020 and is expected to be fully completed by stages in third quarter of 2021. Alongside with the enhancement, the Group intends to intensify its marketing efforts via various marketing and promotional activities aimed at consumers, KOL, F&B merchants and event organisers. These marketing initiatives are expected to create brand awareness and to generate a larger traffic and user base.
The Group also recognizes that while e-wallets as a financial payment product have a legitimate place in our financial system, there is a further need and opportunity to build an ecosystem for both merchants and e-wallet companies to work together and leverage off each other’s industrial capabilities. The focus moving forward would be to build up the entire user experience with GEM’s platform ecosystem that is meant to grow both user base and increase the touchpoints for merchants who are looking to elevate their businesses. This will ultimately improve the overall internal structure of financial management and benefit all parties.
Whilst we remain cautious over the outlook of the economy, the Group will continue to explore new business opportunities to invest. The Group will continue to reinvent and improve the business and will take affirmative steps to expand the Group’s scope. Despite the uncertain market condition, the Group is optimistic to deliver a reasonable performance for the financial year ending 30 November 2020.

Stock

2020-11-25 12:24 | Report Abuse

Bid / Ask
0.140 / 0.145
Day's Range
0.14 - 0.15
52 wk Range
0.095 - 0.486
Prev. Close
0.14
Open
0.145
Volume
106,083,800
Av. Volume (3m)
54,717,340
Market Cap
121.22M
Beta
3.27

Stock

2020-11-25 12:01 | Report Abuse

Q4 results will be out in Jan 2021, fye 30 Nov for netx :)

Stock

2020-11-25 11:56 | Report Abuse

Date Range Close Volume
24/11/2020 0.14 - 0.155 0.14 99,754,300
23/11/2020 0.14 - 0.155 0.145 167,832,400
20/11/2020 0.135 - 0.15 0.145 148,813,900
19/11/2020 0.135 - 0.145 0.135 58,224,000
18/11/2020 0.14 - 0.24 0.14 1,009,635,900
17/11/2020 0.175 - 0.19 0.175 144,603,800
16/11/2020 0.165 - 0.18 0.18 137,886,800
13/11/2020 0.16 - 0.18 0.165 202,532,600
12/11/2020 0.16 - 0.17 0.165 70,077,200
11/11/2020 0.16 - 0.175 0.17 165,590,700
10/11/2020 0.135 - 0.185 0.165 253,575,400
09/11/2020 0.135 - 0.145 0.14 7

Stock

2020-11-25 11:55 | Report Abuse

Why NetX?
OUR Strengths
NETX distinguished itself in the following fundamentals areas:

• Quality
Leading technology innovation, service, marketing and reliability backed by a sound balance sheet (ROI).

• Synergy
Offering among the broadest array of future rich, efficient, effective and hassle free solutions.

• Value-added
Excelling support team and superior structure that focuses on providing competitive, comprehensive and complementary solutions.

Stock

2020-11-25 11:32 | Report Abuse

More than 100mil shares transacted at 14.5sen. More to come :)

Stock

2020-11-25 10:24 | Report Abuse

Tq calvin for the reminder :)

@calvintaneng Very good morning all

Hold tight all Netx shares

Stock

2020-11-25 10:21 | Report Abuse

TQ Calvin for your recent reminder.


@calvintaneng Very good morning all at Netx forum

Yesterday Netx shot up to 24 sen and closed at 14 sen in huge volume.

Later it was revealed that Director Yong was selling a big portion of his shares

It seemed quite confusing and many are wondering why?

Let Calvin give an explanation

I have been holding Netx for quite a long time already

But not as long as Asiabio/Fintec which first bought Netx at 7 sen in year 2015. In year 2017 Fintec took up the Rights issue of Netx at 5 year

So we can assume that Fintec/Asiabio cost is 5 sen

Capital exercise was 25 to 1 Netx and Rights was given at 13 sen

So Fintec real cost is

5 x 25 or Rm1.25

Director Yong after paring down still hold 18 million Netx shares

Fintec is still holding Netx at Rm1.25

These are facts

We look at facts and figures over the emotions of men

As long as Fintec still Top holders just hold

Fintec also Top holder of Xox, Focus Dynamic, Gpa, Mlab, Vsolar and AT

Fintec has sold Gpa and AT but so far holding every share of Netx since year 2015

Focus Lumber gone up from 15 sen to over Rm2.00

Xox from 1 sen to the high of 30 sen

AT just gone up as well and now weakened

Calvin bought none of them

I only have Netx because of its Vision and Mission statement

Netx is still a disruptive Tech of the future just like Google, amazon, Alibaba, tesla , beyond meat and Facebook and Netflix

So give Netx time

Don't listen to naysayers

If you believe just buy and hold

If not then go buy Fgv, Jtiasa, Bplant , Wtk, Tdm, Chinteck, Hs plant, Mhc or any other plantation stocks you fancy

Regards
Calvin

Stock

2020-11-25 09:26 | Report Abuse

Calvin sungguh hebat :)

Stock

2020-11-25 09:25 | Report Abuse

~4mil shares++ Dah hijau pulak

Stock

2020-11-24 22:07 | Report Abuse

#bisnes Pendigitalan memberi impak kepada semua industri ketika berhadapan cabaran teknologi yang melebihi kemajuan industri.

https://bharian.com.my/taxonomy/term/5/2020/11/757620/pendigitalan-keperluan-perusahaan-masa-hadapan

Stock

2020-11-24 16:30 | Report Abuse

Setuju warrant 4sen + exercise price 13sen = 17srn sabarlah ok lah

Stock

2020-11-24 16:28 | Report Abuse

Permaju PA dah hijau

Stock

2020-11-24 15:57 | Report Abuse

~100m shares traded

Stock

2020-11-24 13:56 | Report Abuse

Ok lah guru

@calvintaneng Very good morning all

Hold tight all Netx shares

Stock

2020-11-24 13:55 | Report Abuse

Yes guru


@calvintaneng One way street

Only buying and no selling Netx

Stock

2020-11-24 13:54 | Report Abuse

Ya lah, we know, guru calvin.


@calvintaneng Apollo

Fintec boss cost of entry for Netx and Rights issue last time was 5 sen (after ex their share is Rm1.25)

They sold AT and sold GPA but holding Netx

So i think Netx has a lot more upside longer term

I dumb dumb hold

Stock

2020-11-24 13:51 | Report Abuse

Calvin is great, just trust in him kot :)

Stock

2020-11-24 13:34 | Report Abuse

All the best to all the positive people out there. Positive thinking attracts Wealth :)

@Good123 Ada Yang , dll, terpulanglah kepada interpretasi masing-masing. semoga bahagia

Stock

2020-11-24 08:30 | Report Abuse

Warrant 4.5sen + 13sen exercise price = 17.5sen , tengok jangkaan warrantholders bisa dipecahkan terdahulu :)

Stock

2020-11-24 08:27 | Report Abuse

7080PA PERMAJU-PA PERMAJU INDUSTRIES BERHAD - ICPS 2020/20
Profile for Securities of PLC
Instrument Category : Securities of PLC
Instrument Type : Preference Shares
Description : NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU
INDUSTRIES BERHAD ("PERMAJU") ("ICPS") ISSUED PURSUANT TO THE
FOLLOWING:-(I) RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW ICPS AT AN
ISSUE PRICE OF RM0.05 PER ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE
WARRANTS IN PERMAJU ("WARRANTS") ON THE BASIS OF 10 ICPS TOGETHER WITH 1 FREE
WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PERMAJU HELD BY THE ENTITLED
SHAREHOLDERS OF PERMAJU AT 5.00 P.M. ON 14 JULY 2020 ("ENTITLED SHAREHOLDERS");
AND(II) SETTLEMENT OF DEBT OWING BY PERMAJU TO TAN SRI DATUK CHAI KIN KONG AND
DATO' CHUA TIONG MOON IN THE AGGREGATE SUM OF RM22,248,918 TO BE FULLY
SATISFIED VIA THE ISSUANCE OF 444,978,360 NEW ICPS AT AN ISSUE PRICE OF RM0.05
PER ICPS TO DATO' CHUA TIONG MOON AND CHAI WOON YUN.
Initial Listing Information :
Listing Date : 21/08/2020
Issue Date : 14/08/2020
Issue / Ask Price : Malaysian Ringgit (MYR) 0.0500
Issue Size in Unit : 1,381,288,215.0000
Maturity Date : 13/08/2030
Revised Maturity Date :
Name of Guarantor:
Name of Trustee:
Coupon/Profit/Interest/Payment Rate:
Coupon/Profit/Interest/Payment Frequency:
Redemption:
Exercise/Conversion Period : 10.00 Year(s)
Revised Exercise/Conversion Period : 0.00
Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.2500
Revised Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.0000
Exercise/ Conversion Ratio : 5:1
Revised Exercise/ Conversion Ratio :
Mode of Satisfaction of Exercise/Conversion Price : Tendering of securities
Settlement Type/ Convertible into : Physical (Shares)
Remarks : The ICPS may be converted into new fully-paid ordinary shares in
Permaju ("Permaju Shares" or "Shares") at the conversion price of RM0.25
("Conversion Price") in the following manner:-(i) by surrendering for
cancellation the ICPS with an aggregate issue price of the ICPS equivalent to
the Conversion Price, subject to a minimum of 1 ICPS and a maximum of 5 ICPS
for every 1 new Share; and(ii) by paying the difference between the aggregate
issue price of ICPS surrendered and the Conversion Price, if any, in cash, for
every 1 new Share.Premised on the terms of the ICPS, subject to adjustments,
the ICPS can be converted into new Shares on any market day commencing on and
including the issue date of the ICPS up to and including the maturity date of
the ICPS. Any remaining ICPS that are not converted by the maturity date shall
be mandatorily converted into new Shares at the conversion ratio of 5 ICPS for
every 1 new Permaju Share.If the conversion results in a fractional entitlement
to Permaju Shares, such fractional entitlement shall be disregarded and no
refund or credit, whether in the form of the ICPS, cash or otherwise, shall be
given in respect of the disregarded fractional entitlement.If the maturity date
of the ICPS falls on a non-market day, then it will fall on the preceding
market day.This announcement is dated 19 August 2020.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

19/08/2020 07:00 AM