This counter listed on IPO at 25 sen per share in 2018.
After 2 for 1 bonus, it is now 57 sen per share.
The initial investors have seen their investment per share rising from 25 sen per share to 57 x 3 = 171 sen per share (a 6 multi-bagger).
Dividends were distributed annually.

MHCare is in assisted reproductive technology. It is among the leaders providing this service in Malaysia. It benefits from health tourism which is promoted by the Malaysian government. It is growing its services in various parts of Malaysia consistently.

It’s better to buy a wonderful company at fair price than a fair company at wonderful price.

1. Understand the business
2. Business must have DCA
3. Management with integrity
4. Buy at a sensible price

####

Repost:

Nepo SO PLEDGE WITH CALVIN

THIS THE NETX INVESTORS PLEDGE

1) I BELIEVE IN RM50.3 NFCP FIBERISATION AS A REAL COMING EVENT

2) THEREFORE I BUY INTO NETX BECAUSE IT IS A SPECIALIST IN DIGITAL NETWORK INFRAR AS IT WILL GET JOB AWARDS

3) I WILL NOT BE SWAYED BY NAYSAYERS TO SELL IN FEAR OR BE MOVED BY THEIR FEAR-MONGERING

4) I PLEDGE TO HOLD FIRM ALL MY SHARES TILL I SEE JOB AWARDS ROLL OUT FROM TELEKOM

5) I WILL KEEP NETX AS RM50.3 BILLIONS NFCP JOB AWARD IS A VERY RARE OPPORTUNITY AND I WILL HOLD FIRMLY ALL MY NETX SHARES TILL I ACHIEVE SUCCESS IN MY INVESTMENTS

6) I WILL JOIN IF WITHIN MY ABILITY TO DEFEND NETX AGAINST NAYSAYERS

7) I BELIEVE THERE I INVEST. I INVEST THEREFORE I EXPECT NETX TO DO WELL IN COMING NFCP BULL RUN
====.====.====

Quite amusing to re-read the above post over and over agan..
25/05/2021 11:56 AM


#####



It is quite unfortunate that many posts in this thread were deleted. If they have been kept in place, those who wished to understand this thread in depth will learn many valuable lessons.

Promoters like calvintan has a personality trait that you need to be aware. If you were to follow his promotions unthinkably, you will be the fool led by the pipe-piper. :-) Just look at how productive he is in promoting thousands of stocks. He must at least be honest with himself that activities in the market do not necessarily translate into profits. Moreover, he is anything, but humble in his promotions.

Sadly, those who have followed calvin into Netx, many might have lost their money. Netx never played out the way calvin planned, it is obvious that it is the business fundamentals that are most important in the long run. Many are "saved" in this stock by the "naysayers" in this thread, to the chagrin of calvin.

Best wishes.

To maintain your portfolio at peak performance.
To pick the right stock for the long term, you should keep to:

1. Buying quality companies
2. Buying at the right price - potential return > 15% at acceptable risk (where the potential return to potential loss of >3x.)

Your ability to do the above is all you need to build a great portfolio that will meet your expectations.

To maintain your portfolio at peak performance, you will need to manage it well, optimizing its performance and preventing the companies that occasionally go south from damaging it.

Portfolio management chores take a minimal amount of time.

Walking is the best exercise for many people.

The S&P 500 has gone up a lot over the last 2 years. Yet, the whole index was rocketed upwards by 5 technology stocks. Excluding these 5 stocks, the S&P "500-5" has not risen the last 2 years.

These 5 technology stocks have since corrected. Those who got in early into these 5 technology stocks are still having gains in their book. Those who were late into the game would have realised or unrealised losses.

I have been looking at NVIDIA and monitoring this stock for many months now. Its price kept going upwards and it was painful not to have bought some initially. NVIDIA is in the forefront of the new technology required for the metaverse environment. It is growing its business fast. Its price peaked at US 346 per share in November 2021. Today, it is priced at US 223.24 per share, PE of 68.2x. It has corrected 36% from its peak.

What lessons can a long-term investor learn from this?



You will need to understand its business. Understand its products and services provided. Get as much information about its business from its annual reports and financial reports. Go through its accounts to understand the business. Then do your own valuation of its future free cash flow. Discount these by a discount factor that you wish to have. Derive your own intrinsic value for this company. All the above has nothing to do with its stock price.

Price tells you little about the company. It only tells you the price Mr. Market wishes to buy or sell to you. If you just look at the price only, you can never be safe in your investing.

China has done extremely well over the last 30 years. It has lifted poverty in a large number of people in China. Chinese are enjoying better living today that their fore-fathers.

China policies have been for the masses. Everyone has the opportunity to be rich if they work hard. Those who are weak, infirm or disabled will be helped.

Simple policies in China with central planning by able leaders have seen China's miraculous economic transformation.

Western democracy has its merits but its many flaws too; it should not be the only form of good government to the exclusion of other forms of government as long as it is fair, just and able to deliver.

I have travelled the length and breath of China and can only be amazed by the massive development benefiting its huge population throughout this big country and this includes those in Xinjiang too.

>>>>

Posted by newbie8080 > Dec 23, 2021 11:54 AM | Report Abuse

Keytakeaway from SD.

At first indication that a company couldn't produce financial report is a RED flag.

Stay away from such companies.

2nd red flag started when SD dispute and sued KPMG.

Many red flags before the counter suspended.

It's a rare case to see such event happening to a Bursa listed company

>>>>


Any sign of financial shenanigan, SELL FIRST, THINK LATER.

The most valuable lessons in 2020 and 2021 for everyone are available in this thread from the day conman calvin spoke to Penelope of Netx to now. Learn these well and profit from follies.

Good morning and a Happy and Healthy New Year 2022 to all.

Lesson from this saga:

Sell immediately when accounting irregularity was first revealed by the initial auditor. Sell first, think later.

Buffett employed margins in arbitrage situations in his early investing years, when he was certain he was absolutely right, and not when he was approximately right.

OTOH KYY had been caught badly with his margin trading in Jaks; and if I read his posts correctly, he had to sell assets to cover for his losses during that period. Also, got a lot of brick-bats from his followers too.

Leverage is better avoided, unless you know what you are doing and also not to be employed unthinkably.

>>>>
stockraider Why calvin want u to make investors pledge leh ??

The answer is that calvin wants to protect & guide u to the art of making monies loh....!!

Without this pledge investment guide, alot of investors will be running around like mindless chicken, thus resulting in lost of big profit making opportunity loh....!!

Yes stay with sifu calvin & make the investment pledge on NETX loh..!!

THIS THE NETX INVESTORS PLEDGE

1) I BELIEVE IN RM50.3 NFCP FIBERISATION AS A REAL COMING EVENT

2) THEREFORE I BUY INTO NETX BECAUSE IT IS A SPECIALIST IN DIGITAL NETWORK INFRAR AS IT WILL GET JOB AWARDS

3) I WILL NOT BE SWAYED BY NAYSAYERS TO SELL IN FEAR OR BE MOVED BY THEIR FEAR-MONGERING

4) I PLEDGE TO HOLD FIRM ALL MY SHARES TILL I SEE JOB AWARDS ROLL OUT FROM TELEKOM

5) I WILL KEEP NETX AS RM50.3 BILLIONS NFCP JOB AWARD IS A VERY RARE OPPORTUNITY AND I WILL HOLD FIRMLY ALL MY NETX SHARES TILL I ACHIEVE SUCCESS IN MY INVESTMENTS

6) I WILL JOIN IF WITHIN MY ABILITY TO DEFEND NETX AGAINST NAYSAYERS

7) I BELIEVE THEREFORE I INVEST. I INVEST THEREFORE I EXPECT NETX TO DO WELL IN COMING NFCP BULL RUN
09/12/2019 12:06 AM

>>>>>

>>>>

stockraider Why calvin want u to make investors pledge leh ??

The answer is that calvin wants to protect & guide u to the art of making monies loh....!!

Without this pledge investment guide, alot of investors will be running around like mindless chicken, thus resulting in lost of big profit making opportunity loh....!!

Yes stay with sifu calvin & make the investment pledge on NETX loh..!!

THIS THE NETX INVESTORS PLEDGE

1) I BELIEVE IN RM50.3 NFCP FIBERISATION AS A REAL COMING EVENT

2) THEREFORE I BUY INTO NETX BECAUSE IT IS A SPECIALIST IN DIGITAL NETWORK INFRAR AS IT WILL GET JOB AWARDS

3) I WILL NOT BE SWAYED BY NAYSAYERS TO SELL IN FEAR OR BE MOVED BY THEIR FEAR-MONGERING

4) I PLEDGE TO HOLD FIRM ALL MY SHARES TILL I SEE JOB AWARDS ROLL OUT FROM TELEKOM

5) I WILL KEEP NETX AS RM50.3 BILLIONS NFCP JOB AWARD IS A VERY RARE OPPORTUNITY AND I WILL HOLD FIRMLY ALL MY NETX SHARES TILL I ACHIEVE SUCCESS IN MY INVESTMENTS

6) I WILL JOIN IF WITHIN MY ABILITY TO DEFEND NETX AGAINST NAYSAYERS

7) I BELIEVE THEREFORE I INVEST. I INVEST THEREFORE I EXPECT NETX TO DO WELL IN COMING NFCP BULL RUN
09/12/2019 12:06 AM


>>>>>>

2011 to 2020

Price in 2011 RM 1.90 per share
Price today RM 2.97 per share
Total Dividends distributed from 2011 to 2020 = RM 1.10


(1) Over the last 10 years, your investment of RM 1.90 has grown to RM 4.07 (RM 2.97 + RM 1.10), giving a CAGR of 7.92%.

(2) If you assume its price today is still at 1.90 per share (i.e. no capital appreciation), your investment of RM 1.90 in 2011 would have grown to RM 3.00 (RM 1.90 + RM 1.10), giving a CAGR of 4.67%.


Over the last 10 years, its highest price was in Jan 2018 at RM 4.06 per share and its lowest price was in Jan 2020 at RM1.49.

hot tips = hot air

i3 forum is littered with stories of the rise and fall of hot and not-so-hot stock pickers. :-)

>>>>>
SO CALVIN'S BEST ADVISE IS TO JUST HOLD AS NETX HAS ACQUIRED A GOOD ASSET AT BARGAIN PRICES WITH EASY PAYMENT TERMS

Regards
Calvin


>>>>>>





I thought it was the NFCP story that he trumpeted. Now this company is into property! Yes, they paid a silly very small amount to absorb all the liabilities of these assets owed to the bank. Isn't this the same as developers selling you their stock, just sign the S&P, no downnpayment needed. :-)


How intelligent is this snake-oil sales promoté from Singapore? How many houses have he lost in Netx to-date?

Short-cut to figure out fake stock tips provider

Be aware of tips provider.

Be aware of high return promises. 50%+ monthly return promise is the almost sure-shot sign of fraud.

You should only choose equity advisors who provide investment tips with detailed logic and proper report on the company.

Most tips providers don’t provide any logic. They just mention “Buy with target and stop loss”. Ask them what is the rationale behind the call? Find out whether you are getting any satisfactory answer or they are just avoiding it?

Don’t get fascinated by the fabulous past records and few clients’ testimony. Those can be false also.

Various new methods are coming day by day to trap innocent investors. So, always be aware.

Short-cut to figure out fake stock tips provider

Be aware of tips provider.

Be aware of high return promises. 50%+ monthly return promise is the almost sure-shot sign of fraud.

You should only choose equity advisors who provide investment tips with detailed logic and proper report on the company.

Most tips providers don’t provide any logic. They just mention “Buy with target and stop loss”. Ask them what is the rationale behind the call? Find out whether you are getting any satisfactory answer or they are just avoiding it?

Don’t get fascinated by the fabulous past records and few clients’ testimony. Those can be false also.

Various new methods are coming day by day to trap innocent investors. So, always be aware.

>>>

STOCKS WITHOUT REAL EARNINGS JUST

Pumpep by Rumour

Syndicates churn stocks to Top Volumes

Stock brokers join in to spread the hot hot news

All chase it into a big, bigger & biggest bubble.

>>{>>



Example

Calvintaneng's promotion of Netx :-)

Once again.

As I foretold, calvintan of Singapore fame is just a promotee for his own selfish interest. Cannot be trusted. Proven on many occasions already.

As I foretold, calvintan of Singapore fame is just a promotee for his own selfish interest. Cannot be trusted. Proven on many occasions already.

Delta variant pandemic will rage on for at least a year. Vaccination will prevent hospitalisation and death, but less impact on transmission of the virus. World demand for dispoable gloves will remain high.

Sterling HK share dropped 90% in recent days. A man shared he bought this share a few days ago and sold at 10% of his buying price 2 days ago. He bought on the recommendation of a super investor. :-(

You need a period of rehabilitation and physiotherapy. Talk to your doctor about engaging a knowledgeable personal trainer to build up your muscle strength and walking.

KYY Thanks for sharing your story. Depression is a severe and terrible disease to have. Bipolar illness causes severe mood swings and the sufferer can suffer terribly during the depth of the depressive phase. Your sharing will hopefully encourage those with similar illness to seek help early as good treatment is available.

KYY. You have shared your brother’s story a few times. This article you revealed a bit more. In a previous article, I sensed a bit of anger towards your brother's action in your post. It was sad he took his life successfully. Suicide and chronic ill health are the two dreaded outcomes of those suffering from depression. Your love for your younger brother shines through all your writings on this topic and I hope you can find comfort, peace and closure on this particular event. I think your younger brother will want you to do so too.

KYY. Your generosity in supporting the poor in their education will always be remembered by many. Just by giving, you are already rewarded. The knowledge that the recipients were helped to complete their education and becoming productive members of society later, is the badge of this great generosity you should carry invisibly within you every time. There is a lot of joy in both giving and receiving; some of those who have received maybe more expressive than others. This act of generosity cannot be forgotten by those recipients touched by your kindness.

Kindest regards and wishing you good health and joy.

3iii

As long as those with integrity can move up in their political system to occupy the higher and highest position of trust and stewardship; to contribute to the benefit of the masses, it is a good political system.

To know calvintan, Yinson management has only to look through his unrestrained promotion of Netx for 2 years. Very dishonest fellow.

https://klse.i3investor.com/m/stock/overview/overview/0020.jsp

>>>

Dec 8, 2019 11:17 AM | Report Abuse

stockraider

Alot of people do not understand what is missed big opportunity loh...!

Remember this very important point on Netx loh...!!

Netx only cost u 2 sen but it already have 2 sen cash backing plus the potential of NFCP exposure plus software & apps development which is a potential blockbuster mah...!!

The maths is already side the big advantage of NETX investor loh..!!

Just imagine & dream suppose u r given opportunity to buy into techstock like Amazon, Alibaba, Facebook, Twitter at par without any premium 20 to 30 years ago, do u seize the opportunity & jump in loh...!!

Alot of people actually regretted, they have not jump in when given the opportunity to buy at 50% to 100% premium & subsequently they can watch this stock up so high with huge envy a staggering 5000% to 20000% gain loh.....!!

Coming back to netx...u have a golden chance to buy tech Netx at par, do u want to let opportunity passed u leh ?

Remember the wonderful prospect going fwd loh...!!
SO PLEDGE WITH CALVIN

THIS THE NETX INVESTORS PLEDGE

1) I BELIEVE IN RM50.3 NFCP FIBERISATION AS A REAL COMING EVENT

2) THEREFORE I BUY INTO NETX BECAUSE IT IS A SPECIALIST IN DIGITAL NETWORK INFRAR AS IT WILL GET JOB AWARDS

3) I WILL NOT BE SWAYED BY NAYSAYERS TO SELL IN FEAR OR BE MOVED BY THEIR FEAR-MONGERING

4) I PLEDGE TO HOLD FIRM ALL MY SHARES TILL I SEE JOB AWARDS ROLL OUT FROM TELEKOM

5) I WILL KEEP NETX AS RM50.3 BILLIONS NFCP JOB AWARD IS A VERY RARE OPPORTUNITY AND I WILL HOLD FIRMLY ALL MY NETX SHARES TILL I ACHIEVE SUCCESS IN MY INVESTMENTS

6) I WILL JOIN IF WITHIN MY ABILITY TO DEFEND NETX AGAINST NAYSAYERS

7) I BELIEVE THERE I INVEST. I INVEST THEREFORE I EXPECT NETX TO DO WELL IN COMING NFCP BULL RUN


>>>>>>




Just for a good laugh.

PBT 17m
CFO 43.8m

PPE (purchase of lands in BB) 53.2m

Cash + eq 90.4m

Balance sheet

cash + short term fund 117m
ST + LT debt 73.2m
Net cash positive 44m

Current ratio 3.15x
Quick ratio 2.17x

Total asset 597m
Total equity 391m
NonCL + CL = 124m + 82m = 206m


PAT 1H2021 11.7m or 6.15 sen EPS

Div per share 2 sen

Price 96.5 sen per share
Market cap 194.5 m.



Insiders bought meaningful amount last few months.


Thank you. Already sitting on significant gains because bought at véry low prices.

>>>>>

scenery Dont need to talk so much la, go to conmen Calvin, stockraider and conwoman Ular/dragonslayer for spreading rumours n lying n hard sell Netx for 1.5 yrs in many forums, asking ppl to sell their shares n buy Netx.

Deleted 3i n Mike posts to stop them from telling the true about the co. Ignorant newbies all lost naked. They still have the face to come here n lie, if it is in Wall Street, what will happen to them.

>>>>>


Well said.

Conman calvin and his side-kick raider promoted Netx and led many into losses.

The naysayers' posts were deleted to prevent the truth be read by others. The naysayers shared and saved many from being misled by these dishonest duo in Netx.

Never trust any person lacking integrity.

KYY shares willingly. It is interesting to read his wide interests. Any advice for the younger members here on how to grow a happy family? Thanks.

>>>>>>>

Posted by calvintaneng > Mar 1, 2021 2:12 PM | Report Abuse

Hi there

Calvintaneng is here!

Listen! Listen!! Listen!!!

Tobby aka fortunebullz! Check this out ok

Calvin Tan followed portfolio per his recommendations 2019

https://klse.i3investor.com/servlets/pfs/123029.jsp

IF ANY ONE HAS INVESTED RM10,000 IN EACH OF CALVIN BUY CALL OF YEAR 2019 AND TOTAL UP GAINS & LOSSES HE WILL STILL BE MAKING MONIES


Watchlist: Calvin tan eng Yee 2020 stock list

https://klse.i3investor.com/servlets/pfs/131750.jsp

ALL THOSE WHO DID THE SAME FOR YEAR 2020 BUY CALLS WILL ALSO HAVE DONE EXTREMELY WELL

I have refrained posting for now as it is not wise to cast pearls before swine https://biblehub.com/matthew/7-6.htm

Best & happy regards

Calvin Tan Research
014 6101668

>>>>>>>>>>



calvin is swinging his pendulum. :-)


No mention of Netx at all. His 10 houses ploughed into his most certain investment of 2020. :-)


Save the praises. We know where the discussion is leaning to.

>>>>>

Sslee Dear 3iii,
Thank you for dropping by with your comment. If you have been long enough in i3 you should have know whether Calvin is:
independent?
intelligent?
honest (integrity)or good at story telling?

So if you have have put in your honest opinions on NETX for one whole year and still people believe in Calvin that say alot about people who choose to beleive in him.

The question of friend or foe is the question for those when make money then friend but when lead to holland, foe?

The reality is we ourselve are our own great friend and foe.
01/03/2021 10:37 AM

>>>>>>



I have a name for this game.

BFS, STS.

:-)

>>>>>

Sslee Dear 3iii,
Thank you for dropping by with your comment. If you have been long enough in i3 you should have know whether Calvin is:
independent?
intelligent?
honest (integrity)or good at story telling?

So if you have have put in your honest opinions on NETX for one whole year and still people believe in Calvin that say alot about people who choose to beleive in him.

The question of friend or foe is the question for those when make money then friend but when lead to holland, foe?

The reality is we ourselve are our own great friend and foe.
01/03/2021 10:37 AM

>>>>>>>




SSLee has always been diplomatic. I prefer objective assessments.

It is obvious prices of a stock can go up and down due to supply and demand, not based on fundamentals. Fanning sentiments to raise share prices occur so commonly in every forum. Just look at how honest was calvintan in his all out no-hold-bars promotion of Netx? How do you judge a pudding is good or bad? How do you judge a person is honest or not?

Karl Popper's scientific theory. All your observations of a person's deeds cannot confirm his honesty. But a single action is enough to prove his dishonesty.

3iii

I3 stands for: Independent, Intelligent and informed


SSLee

You must be missing calvintan, of Singapore fame. You started the thread by defining what i3 stands for (see above) and then asked an irrelevant question of those in this forum: Is calvintan a friend or a foe?

The obvious questions to ask are:

Is he independent?

Is he intelligent?

Is he honest (integrity)?

calvintan is obviously intelligent. Just look at the number of research articles he flooded i3 with.

As to the other 2 questions, my encounters with him over 1 year in the Netx forum have confirmed what I have already known from previous encounters.

Regards


3iii

Those who have been in this thread since Sept 2019 will know the truth. raider still swinging his pendulum unashamely. But what do you expect from someone lacking integrity? At least his sifu calvin retreated humbly into silence.

http://myinvestingnotes.blogspot.com/2020/10/hidden-hands-behind-penny-stock-surge.html?m=0


Hidden hands behind penny stock surge

previous posts by Sales

>>>>>>>
Stock: [NETX]: NETX HOLDINGS BHD

Nov 18, 2019 10:53 AM | Report Abuse

Try to accumulate more at 0.02sen. Not easy to get. Have to queue..
>>>>>

>>>>>

Stock: [NETX]: NETX HOLDINGS BHD

Oct 12, 2019 2:21 PM | Report Abuse

Calvin, thanks for all the info. Managed to top up some at 0.02sen. Yahwei yireh!

>>>>>>




Sales, what happened?

calvintaneng
calvintaneng
From Singapore Investing experience Advanced Risk profile Low
Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 29/01/2021. Please refer to the Terms and Conditions of Use and Community Standards of this portal.
Basic Info
User Id calvintaneng
First name
Last name



Glad to know that calvin's abuses were noticed and reprimanded. Thanks i3 admin.

A creative way to raise funds


Where there are suckers, "wallstreet will develop a product for them to get them involved".

This article highlights how these penny stock companies use the same strategy to raise funds.

More interesting, the companies are somewhat related through common shareholders.

For those who were bitten by a snake, they should understandly be cautious of snakes."

Why did you buy this stock in the first place?



Good article. Such articles make i3 a good site to visit. This thread on Netx teaches us how dishonest some players are in their promotions of Netx. This is obvious for those who know the personalities involved. Following Buffett's advice: avoid those with no integrity as you will not get a good deal from them.

https://klse.i3investor.com/blogs/rights_of_minority_shareholder/2021-02-01-story-h1540247360.jsp

Creative way to raise funds.


Where there are suckers, "wallstreet will develop a product for them to get them involved".

This article highlights how these penny stock companies use the same strategy to raise funds.

More interesting, the companies are somewhat related through common shareholders.

For those who were bitten by a snake, they should understandly be cautious of snakes."

Why did you buy this stock in the first place?

First time I heard of DK. :-)

The person with the most impressive portfolio to date is still Philip. Philip is right to remain critical of calvin too.

calvin is a guy with small feet who likes to tell everyone how big his feet and shoes are. His faithful lieutenant is beholdened to calvin for complicated reasons.

Let us observe and learn of their dishonest posts to benefit our investing.

CNY is near. Blessings to all who have been true and honest to themselves and to uthose who encounter them.

>>>>

Mikecyc Haha con artist callvin n conman raider ran away in shame ke ...
04/02/2021 8:50 PM

>>>>>


:-) :-)

calvin's medical doctor son can learn from his dad's actions in Netx from Nov 2019 to Jan 2021 and absorbs a lot of education on stock investing in this thread.

https://klse.i3investor.com/blogs/gloveharicut/2021-01-28-story-h1540212671-GLOVEs_Investors_Assemble_Game_Stop_the_GLOVEs.jsp


GLOVEs Investors Assemble. Game Stop the GLOVEs.



--

bentan000, 12:22 AM
This is what the post says: If you really want the short squeeze to succeed, you have to understand a few things: 1) This is not a one-day battle. Wasting all your bullets tomorrow will not necessarily help. In order for the short squeeze to happen, the increase in share price should happen AND remain at high level for at least a few days (a week or longer at a minimum). 2) In order for it to work, you need to focus on one stock only. The best idea is to focus on the stock of Top Glove, because the short position on Top Glove's stock is the closest to the regulated short selling maximum limit of 4% imposed by Bursa Malaysia. The current net short position is at 3% of Top Glove's stock, so the short seller has only about 80 million to 85 million more shares they can short sell (this is provided they can find a willing lender of the shares). 3) The short seller is already experiencing a big loss, because they shorted shares at a very low price. Their current losses are estimated at between RM150 million and RM200 million. Every 1 cent of increase in the share price of Top Glove costs them between RM2 million and RM3 million in extra losses. If the price of Top Glove increases by 1 ringgit tomorrow for example, the short seller will be at RM200 million to RM300 million of extra losses. This is unrealised loss, that is why you need to hold the shares for at least a week until the loss gets realised when the short seller will start buying back the previously shorted shares. I am not endorsing you to do this. I am just explaining how it could work, if you want it to work.

>>>>>

pBlue Short sellers need to buy back 239 million shares. Their break even price is around RM5.69.

It means shorties are already in pain.... they have been shorting the last few days in the hope to bring down the price... but the lowest it went was RM6.14... settling mostly on RM6.20

Now we are back to RM6.6x.

All we need is to hold. Don't sell cheap. And short seller will have to start buying 239 million TG shares to cover their position... and they will be desperate to buy to limit their losses which can be unlimited. And they cannot hold forever, as they are paying interest on the shares they borrowed.

While TG will be paying dividends every quarter (4 times a year) and 70% of their profit... which has been rising every quarter...


Finally TS.Lim will not be selling because he need the shares to control him company.

And EPF, and KWAP won't be selling much because they need their shares for dividend payments (because realistically no other sector is paying much in dividend no matter what their share prices say)

So really... short sellers only have us to buy their share from to cover their short position.

So stay on target and hold the line.
29/01/2021 12:41 PM


>>>>>>

Insightful

>>>>>

Posted by Gtrade > Jan 29, 2021 11:47 AM | Report Abuse

Dear 3I, you can borrow shares not only from EPF,can also borrow from stock brokers, can even use secretly use margin accounts shares if the syndicate wants. Pls tell the local syndicate dont try to fool retailers to be Gamestop mania, pls go home learn from Blackroack before you even dream of making TOPglove the "gamestop" in BUrsa

>>>>>>




Gamestop was shorted to the extent of 140%.

Many months ago, this was noticed and a group started to buy the shares at low prices. They believe this Gamestop was worth a lot more.

As for the fundamentals, as usual, we have two views. The bears who shorted believe this business is gone. They will be closing more stores especially those in the malls. There are those who disagreed. They hold the opposite views. Lower costs and closure of unprofitable stores led to a profitable last quarter and also attracted a big wealthy supporter.

The hedge funds that shorted have only themselves to blame. They were too greedy. For the first time, through social media canvassing, those having the stocks were persuaded not to sell and the buying continues to push up the price of GameStop. Don't forget, there are also big players and big boys holding GameStop shares too.

The shorters were caught in the squeeze and face UNLIMITED LOSSES if the price keeps going skyward. Buying back to cover their sh2ort positions also led to the parabolic rise in the share price of hort squeeze GameStop.

The final episode is yet to be played out. If the rules remain untempered and unchanged ( an rightly so too), this short squeeze position will see the collapse and even bankruptcy of a few hedge funds.

Beware too, the whole market may also be destabilized by this whole event too.

This week is going to be interesting indeed. Some valuable lessons to all. Always do your own homework and analysis. Do not believe the investing reports of the IB unquestionably.