Kenanga Research expects Hartalega's Q2FY21 net profit, due to be released by end-October, to be higher quarter-on-quarter and year-on-year.

This will be in tandem with solid sector growth due to higher volume from new capacity expansions of Hartalega's Plant 6 and 7 and better margins due to higher ASP and operating efficiencies from new plants.

"While we raised our FY21/FY22 net profit by 45 per cent/106 per cent to account for higher ASP assumptions, our target price is unchanged as we lowered our target price earnings ratio rating to -0.5SD (standard deviation) below five-year mean (compared to above mean previously) to reflect a moderation in earnings growth towards more sustainable levels beyond FY22."

Nevertheless, there remains ample upside to its target price of RM26.22, said Kenanga Research, which reiterated its "outperform" call on Hartalega.

Please skip if you don't like it.



https://www.nst.com.my/business/2020/10/632205/hartalegas-glove-capacity-booked-till-end-2021

Hartalega's glove capacity booked up till end-2021
By NST Business - October 14, 2020 @ 12:01pm
Hartalega Holdings Bhd is confident of sustained strong demand for its gloves with capacity having booked up till end of 2021, according to Kenanga Research. NSTP/FILEPIX
Hartalega Holdings Bhd is confident of sustained strong demand for its gloves with capacity having booked up till end of 2021, according to Kenanga Research. NSTP/FILEPIX


KUALA LUMPUR: Hartalega Holdings Bhd is confident of sustained strong demand for its gloves with capacity having booked up till end of 2021, according to Kenanga Research.

The firm "strongly" reiterated its positive view on Hartalega's prospects for the next few quarters following a meeting with its investor relations staff recently.

Kenanga Research said Hartalega had reassured that the lagged impact from average selling price (ASP) hike would be felt in the second half of financial year 2021 (FY21).

The firm highlighted that industry ASP had risen for September to November delivery, suggesting that the robust demand would continue over the next few quarters.

In line with higher industry ASP, Hartalega is expected to raise ASP by 30 per cent and 40 per cent in the second quarter of FY21 (Q2FY21) and third quarter of FY21 respectively.

"We expect a hike in raw material prices and potential tight supply in formers due to supply constraints forming a potential potent combination for higher ASPs," the firm said today.

Kenanga Research expects Hartalega's Q2FY21 net profit, due to be released by end-October, to be higher quarter-on-quarter and year-on-year.

This will be in tandem with solid sector growth due to higher volume from new capacity expansions of Hartalega's Plant 6 and 7 and better margins due to higher ASP and operating efficiencies from new plants.

"While we raised our FY21/FY22 net profit by 45 per cent/106 per cent to account for higher ASP assumptions, our target price is unchanged as we lowered our target price earnings ratio rating to -0.5SD (standard deviation) below five-year mean (compared to above mean previously) to reflect a moderation in earnings growth towards more sustainable levels beyond FY22."

Nevertheless, there remains ample upside to its target price of RM26.22, said Kenanga Research, which reiterated its "outperform" call on Hartalega.

The solution would be one of CTOS’ many pioneering fintech services to propel Malaysia into the new digital era.

“By combining best-in-class technology along with the ability to integrate with CTOS credit reporting database, we have created a gold standard in eKYC solutions,” its group chief executive officer Dennis Martin said.

https://www.theedgemarkets.com/article/aeon-credit-implements-ctos-ekyc-solution-merchants-and-business-partners


Comments: Definitely a better fintech company.

Is it true that dishonest raider asked his followers to sell glove stocks many months ago? :-)

The best investment returns come not from timing the market but from the time in the market. This applies only to those holding quality great companies.

Is it true that dishonest raider asked his followers to sell glove stocks many months ago to buy into Netx at 1.5 sen to 3 sen (before consolidation)? (Shocking!)

dishonest raider is in a big hole and he can't stop digging. :-)

Thanks Mikecyc for posting these. conman calvin conveniently side-steps. dishonest raider has to lie.




>>>{{{{{

Mikecyc SCOMIES, OPCOM & NETX
September 23rd, 2019 Calvin Tan Smart Investment

3 GOOD STOCKS WITH GREAT POTENTIAL

1. SCOMIES (7045) Price 12 sen. …………….Target price 30 sen
Reasons for buying. Scomies Drilling Oil contract with Kuwait Rm610 Millions. 2 JV with PetChem. Very undervalue assets. Its drilling oil made from parm kernel oil is biodegradable and can be discharged into oceans safely. Captured 10% of world wide market. Saudi oil attacks will enhance drilling for oil as safeguard. Increasing oil rigs mean good business for Scomies
Last quarter was positive but only negated by Rm72 mil in impairments. If not it has Rm38.8 millions profits.
CEO of Scomies bought 1.8 mil shares of Scomies show better days ahead.
After Carimin, Dayang & Penergy = SCOMIES will be the Last Bull Laggard of O&G Bull run

2. OPCOM (0035) Price 73 sen…….Target price Rm1.50
Best of the lot in Fiberisation. In year Opcom received Rm359 mil orders from TELEKOM which resulted in 34 sen special dividends for years 2011/12
Now Rm21.6 BILLIONS For National Fiberisation will be a Huge Bonanza for Opcom. Rumour has it that Mukhriz sold his Opcom shares to proxies.
Opcom expected to do very well from year 2020 onward. In anticipation Opcom Company on Sept 6th has appointed 2 CEOs (instead of usual One CEO) due to extreme bullishness

3.NETX (0020) Price 1.5 sen …………Target price 8 sen
Another potential beneficiary of Fiberisation. Netx raise funds through Private Placement as high as 4 sen to avoid debt. Good. It has Rm34 mil in Cash or about 1,3 sen. Already got job contract with TELEKOM. TELEKOM expected to get 50% market share of the Rm21.6 Billions Fiberisation Program
Insiders have recently loaded up another 34 mil Netx shares from open market.
Also into fintech which is the future in banking
BEST REGARDS
Calvin Tan Research

>>>>{{{{

The third method is in my opinion the most difficult way, worse method to raise cash. By doing rights issues and warrants, it basically selling of today finances for future returns at a huge dilution to existing shareholders (who have to pay money for the same amount of shares). There are multiple problems here, first is that banks and institutions do not trust the company enough to give enough debt to complete the project (thus the alternative financing method), second the rights issue exercise which has listing costs that will have to be paid by the finance raised (making it inneficient), and finally one must have a very clear idea of the project in hand and the possibility of completion or further financing down the road. On principle , I usually avoid companies that do heavy rights issue activities unless they have a very specific purpose or is a growth company with good cash flow.

https://klse.i3investor.com/m/blog/philip5/2020-10-14-story-h1534643671-How_to_value_Bonus_issue_Rights_issue_warrants.jsp

>>>>>>>


stockraider Don be sohai loh...!!

If u follow sifu calvin, u would have sold & taken profit all the stock below except NETX loh....!!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 14, 2020 3:24 PM | Report Abuse

>>>>>>>

>>>>>
stockraider posted:


Hero Calvin buy call below

1. Netx buy call was 1 sen

2. Opcom buy call was 63 sen

3. Redtone buy call was 48 sen

4. Cmsb buy call was Rm2.35

5. Binacom buy call was 31 sen

Of the 5 above 4 are making good monies only one still red which is cmsb

>>>>>>>>


raider, please update your observation on your hero's selections.
14/10/2020 3:26 PM

>>>>>>>>>



raider are u implying these are pump and dump stocks of conman calvin?

>>>>>>>

>>>>>
stockraider posted:


Hero Calvin buy call below

1. Netx buy call was 1 sen

2. Opcom buy call was 63 sen

3. Redtone buy call was 48 sen

4. Cmsb buy call was Rm2.35

5. Binacom buy call was 31 sen

Of the 5 above 4 are making good monies only one still red which is cmsb

>>>>>>>>


raider, please update your observation on your hero's selections.

Thanks. Regards.

>>>>>>>

stockraider What about the opportunity of not selling Padini at Rm 6.00 leh ?

>>>>>>>



Raider I feel worried for you, even sad. I opine you may not achieve ypur long term investingvobjectives. KYY is probably right to notice this in you earlier.

:-)

Who are bullish on glove counters?

The opportunity cost to have your money trapped in Netx is huge.

>>>>>>
stockraider posted:


Hero Calvin buy call below

1. Netx buy call was 1 sen

2. Opcom buy call was 63 sen

3. Redtone buy call was 48 sen

4. Cmsb buy call was Rm2.35

5. Binacom buy call was 31 sen

Of the 5 above 4 are making good monies only one still red which is cmsb

>>>>>>>>


chun chun

1. Netx dropped from 25 sen to 15 sen (40% drop). Majority of his followers bought at 37.5 sen (1.5 sen before consolidation) to 75 sen (3 sen before consolidation) , due to incessant promotion by these infamous duo).

2. opcom today price 35 sen

3.redtone today price 34.5 sen

4. cmsb today price RM 1.19

5. binacom today price 32 sen



Beware of conman calvin's promotions. He highlights only certain counters and conveniently or dishonestly forgets to tell the whole truth. So much for his NFCP hype today. conman calvin has lost his voice. Screwed by his own cleverness. Similarly his sidekick raider who sang his praises.

:-)


Good luck all.

>>>>>>>

stockraider posted

Stock: [NETX]: NETX HOLDINGS BHD

Feb 13, 2020 11:20 AM | Report Abuse

MOST IMPORTANTLY OUR SIFU CALVIN HAS BEEN PROVEN RIGHTS WITH NFCP RM 50.3B ROLLOUT STOCK PICKS WITH REDTONE, BINACOM, OPCOM ETC RALLYING AND HIS FOLLOWERS AGAIN MAKE MONIES MAH...!!

THIS WILL BE REPEATED IN NETX MAH...!!

SIFU CALVIN PROWESS CANNOT BE STOP LOH...BCOS VERY PANLAI MAH..!!
========================================================================

TRIBUTE TO OUR GREAT HERO SIFU CALVIN FOR LEADING US SUCCESS AFTER SUCCESS IN INVESTMENT SELECTION A FEAT AWE & UNHEARD OF BY MANY MANY OTHERS LOH.!!

PLEASE DON STEAL CREDIT GIVEN TO OUR HERO SIFU CALVIN MAH...!!

THEY ARE THE SAVVY INVESTORS THAT BRING NETX TO GREATER HEIGHTS MAH....!!

YES DO NOT MISS THIS WONDERFUL OPPORTUNITY ON NETX LOH...!!

1.U CAN BUY NETX CHEAP WITH BIG MARGIN OF SAFETY AT 2 SEN LOH..!!

2. TECHNICALLY JUST BROKE OUT FROM 2 SEN, VERY STRONG SIGN IT WILL RALLY LOH....!!

3. INDUSTRIAL BROTHERHOOD STOCK LIKE OPCOM, REDTONE, BINACOM HAS RALLY AND THIS WILL FOLLOW TO NETX VERY SOON MAH...!!

4. REMEMBER NFCP RM 50.3B IS A CATALYST FOR NETX AS THE PROSPECT OF GETTING A SLICE IS VERY HIGH LOH...!!

5. NETX STILL HAVE BLOCKBUSTER DISRUPTOR APPS AND SOFTWARES THAT IS GOING TO BE COMMERCIALIZE VERY SOON LOH...!!

Hero Calvin buy call below

1. Netx buy call was 1 sen

2. Opcom buy call was 63 sen

3. Redtone buy call was 48 sen

4. Cmsb buy call was Rm2.35

5. Binacom buy call was 31 sen

Of the 5 above 4 are making good monies only one still red which is cmsb

>>>>>>>>

>>>>>>

Good123 strengthening its financial position for growth then sell to IT giant for exit strategy, mgo :)

>>>>>>>



Good123 is less knowledgeable than I assume him/her to be. Good luck in your gambling. You will need it.

Fools and their money soon depart and go different ways.

>>>>>>>>

stockraider LETS LOOK AT HOW MISLEADING IS Sohai 3iii POSTING LOH..!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 14, 2020 8:08 AM | Report Abuse

Once again, for the benefit of Good123, conman calvin, dishonest raider and followers ....

These are from the prospectus of Netx.

Netx

Summary
Risk factors

You should consider the following risk factors before subscribing for or investing in the Rights Issue with Warrants:-

(a) the Group has been incurring losses since FYE 30 June 2018 and there is no assurance it is able to turnaround its financial performance in the near term; REMEMBER THE LATEST QTR NETX ALREADY TURNAROUND WITH DECENT PROFIT

(b) the Group faces stiff competition from other similar service providers; SAME MAH NESTLE MAGGI ALSO FACE STIFF COMPETITION FROM MAMEE. GENERALLY ALL BUSINESS FACE STIFF COMPETITION BUT NETX CAN GET ON TOP LOH

(c) due to the rapid changes in technology, the Group's performance is dependent on its ability to continuously innovate and upgrade its applications, systems, software
and infrastructure in a timely manner to ensure that the Group's products remain relevant to its customers; THATS WHY U NEED TO HAVE EXPOSURE IN NETX AS IT IS IN DISRUPTIVE TECHNOLOGY BUSINESS MAH..!

(d) the Group's products and services are exposed to cyber security risk; and WHAT IS THE PROBLEM LEH ? U FORGET THAT NETX IS IN CYBER BUSINESS. THE MORE CYBER CHALLENGE THE BETTER ONLY DINOSAUR CO LIKE PADINI, DLADY & NESTLE SHOULD FEAR CYBER CHALLENGES LOH..!!

(e) the COVID-19 pandemic has resulted in adverse impact to the performance of the world's economies including Malaysia. Consumer sentiment is expected to remain dampened in the near future as consumers stay cautious in their spending and this may adversely affect the Group's business. THIS IS MORE APPLICALBLE TO CO LIKE PADINI MAH..!!
COVID19 IS DISRUPTIVE IT GIVE OPPORTUNITY TO TECHNOLOGY BUSINESS LIKE NETX LOH...!
14/10/2020 8:53 AM

>>>>>{{{




Now we capture dishonest raider's thinking driving his behaviour and action. A true gambler indeed.

So much for his margin of safety mantra. "At 1 sen per share, how much can you lose," dishonest raider exclaimed. Well, -40% today.

:-)

Poor dishonest raider

In desperate mode

Using profanities

It is only money

Having lost his integrity

Don't lose your dignity

Once again, for the benefit of Good123, conman calvin, dishonest raider and followers ....

These are from the prospectus of Netx.



Netx

Summary

Risk factors


You should consider the following risk factors before subscribing for or investing in the Rights Issue with Warrants:-

(a) the Group has been incurring losses since FYE 30 June 2018 and there is no assurance it is able to turnaround its financial performance in the near term;

(b) the Group faces stiff competition from other similar service providers;

(c) due to the rapid changes in technology, the Group's performance is dependent on its ability to continuously innovate and upgrade its applications, systems, software
and infrastructure in a timely manner to ensure that the Group's products remain relevant to its customers;

(d) the Group's products and services are exposed to cyber security risk; and

(e) the COVID-19 pandemic has resulted in adverse impact to the performance of the world's economies including Malaysia. Consumer sentiment is expected to remain dampened in the near future as consumers stay cautious in their spending and this may adversely affect the Group's business.

If only conman calvin and dishonest raider are as humble and as honest as 3iii.

:-)

conman calvin and dishonest raider promoted Netx the last 1 year. Majority bought the company from 1.5 sen, 2.0 sen, 2.5 sen and 3 sen. These are 37.5 sen, 50 sen, 62.5 sen and 75 sen.

Today, its price is 16 sen.

Conman calvin sold 10 houses to invest into Netx. (It is just a conman approach that he was absolutely right and cleverly certain, through telling everyone his actions). His stupid dishonest raider barked and shit the same in various threads. Both are stripped naked today. His followers have stopped posting. Just like the emperor wearing invisible cloth, only an innocent and honest child speaks the truth.


Whatever happened to the pledge? conman calvin and dishonest raider will be dragged along the street like idiots should they be brave or stupid to re-post the same pledge again today.

>>>>>>>


calvintaneng THIS IS THE FACT ABOUT DLADY

3iii promoted Dlady at Rm76 now only Rm38 (Loss 50%)

Netx at 25 sen after ex with free OR is 16 sen dropped less

DUMB Dinosaur does not know his maths

FROM HERE NETX WILL GROW UP & DUMBLADY WILL TURN INTO HOLLAND GRANDMA FOLLOW DINOSAUR 3iii INTO A CAVE CALLED PREJUDICE & CONCEIT


>>>>>>>{{



conman calvin is so dishonest, just like his sidekick raider. Fake gurus abound: giving tips online and on whatsapp group on tens of stocks and selectively highlighting the few stocks.

Stay with quality companies for the long term.

As a long term investor, you can expect your portfolio value to fluctuate ( no brainer). Your portfolio can drop 30% or more in your lifetime and yet you will emerge a winner many years later. That is the vicissitude of the market sentiment.

>>>>>>{

calvintaneng NETX IS UP TODAY

Dumb 3iii Dlady is the Top Loser

https://klse.i3investor.com/servlets/stk/3026.jsp
13/10/2020 5:18 PM

>>>>{{{{


Why has DLady's share price continues to fall? Why?

Once again, for the benefit of Good123, conman calvin, dishonest raider and followers ....



Netx

Summary

Risk factors


You should consider the following risk factors before subscribing for or investing in the Rights Issue with Warrants:-

(a) the Group has been incurring losses since FYE 30 June 2018 and there is no assurance it is able to turnaround its financial performance in the near term;

(b) the Group faces stiff competition from other similar service providers;

(c) due to the rapid changes in technology, the Group's performance is dependent on its ability to continuously innovate and upgrade its applications, systems, software
and infrastructure in a timely manner to ensure that the Group's products remain relevant to its customers;

(d) the Group's products and services are exposed to cyber security risk; and

(e) the COVID-19 pandemic has resulted in adverse impact to the performance of the world's economies including Malaysia. Consumer sentiment is expected to remain dampened in the near future as consumers stay cautious in their spending and this may adversely affect the Group's business.

>>>>{{

Good123 In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks."
13/10/2020 7:21 PM


>>>>{{{{{





Warren Buffett's brother in law started a business and invited Buffett to invest in this new venture. For many yrars, Buffett wasn't keen. It was after many years later, Buffett put some money into the company.

Buffett understands the difference between speculating and investing.

MLab is another company meeting the dust.

>>>>>>>

Good123 untuk sour grapes, bitter people makan :)


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.
13/10/2020 4:57 PM


>>>>>>>>{



Precisely. It is so important to know the difference between speculation and investing.

Good luck to the speculators.

Once again, for the benefit of Good123, conman calvin, dishonest raider and followers ....



Netx

Summary

Risk factors


You should consider the following risk factors before subscribing for or investing in the Rights Issue with Warrants:-

(a) the Group has been incurring losses since FYE 30 June 2018 and there is no assurance it is able to turnaround its financial performance in the near term;

(b) the Group faces stiff competition from other similar service providers;

(c) due to the rapid changes in technology, the Group's performance is dependent on its ability to continuously innovate and upgrade its applications, systems, software
and infrastructure in a timely manner to ensure that the Group's products remain relevant to its customers;

(d) the Group's products and services are exposed to cyber security risk; and

(e) the COVID-19 pandemic has resulted in adverse impact to the performance of the world's economies including Malaysia. Consumer sentiment is expected to remain dampened in the near future as consumers stay cautious in their spending and this may adversely affect the Group's business.

>>>>>>
Good123 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.

>>>>>>>


Good123 is just promoting. Looks like he has not read and understood the prospectus issued by Netx for the consolidation and RI exercises.

>>>>>>
Posted by AlfI3 > Oct 13, 2020 5:49 AM | Report Abuse

Netx shares conso 25 to 1 in last mth unable to help stabilising d mother share at 0.25 ya, what a disappointmn

>>>>>>>>


Lucky they did not proceed with 50:1 consolidation.

Sadly, given the very poor fundamentals of Netx, its share price can still drop another 50% or more from today, post consolidation and post RI.

Why is dishonest raider misleading his followers? Just tell the truth. Respect their intelligence. :-)



Netx

Summary

Risk factors


You should consider the following risk factors before subscribing for or investing in the Rights Issue with Warrants:-

(a) the Group has been incurring losses since FYE 30 June 2018 and there is no assurance it is able to turnaround its financial performance in the near term;

(b) the Group faces stiff competition from other similar service providers;

(c) due to the rapid changes in technology, the Group's performance is dependent on its ability to continuously innovate and upgrade its applications, systems, software
and infrastructure in a timely manner to ensure that the Group's products remain relevant to its customers;

(d) the Group's products and services are exposed to cyber security risk; and

(e) the COVID-19 pandemic has resulted in adverse impact to the performance of the world's economies including Malaysia. Consumer sentiment is expected to remain dampened in the near future as consumers stay cautious in their spending and this may adversely affect the Group's business.

>>>>>>

stockraider REMEMBER AT NETX WE ARE IN THE FINAL LAP OF BIG PROFIT MAKING OPPORTUNITY LOH...!!
DO NOT LET SOHAI NAYSAYERS TALK U OUT THIS WONDERFUL OPPORTUNITY ON THEIR LAST DITCH FINAL ATTEMPT LOH..!!

>>>>>>>


The last time, dishonest raider promoted final lap to be 1 sen (before consolidation and RI) before taking off to stratosphere!!!

What happened? Raider is swimming naked. Hope kind Ah Far , the lady in Selayang market, can still offer raider a simple job to enable him to feed himself and his puppies.

:-)

>>>>>>>

Good123 tak tau jika Alibaba, tencent, Baidu, dll muncul sebagai new substantial Shareholder, harga saham ini boleh Naik sampai berapa :)
12/10/2020 10:09 AM


>>>>>>>{{



Manipulators are all powerful. Being long in the market, one has more experiences and stories to share.

Patimas was another gruesome company. In its dying days, it was promoted and manipulated. "Patimas - target price 30 sen." It was a PN 17 stock trading at very low price.

Even at one stage in this play, Tencent bought into this stock. This was played up by the promoters and manipulators.

Well, in a matter of weeks or months, this bankrupt gruesome company was delisted. Those having its shares lost 100%.


Small boys should just be vigilent.

>>>>>{

Good123 fully subscribed RI is expected. another jump once announced probably
12/10/2020 9:59 AM

>>>>>>>


Yes, it is of interest to know how much money was raised and whether the 3 directors have to put up own money in the fund raising.

>>>>>>

Good123 dulu lain sekarang lain. asyik dulu dulu, matilah. memandang ke depan
12/10/2020 9:34 AM

>>>>>>>


:-)


The most dangerous 5 words in investing.

"It is different this time."

>>>>>>

calvintaneng Netx is a disruptive Tech of the future

Of course dinosaur can never understand
12/10/2020 8:59 AM

>>>>>>>>




Definitely very disruptive the last 10 years.


Its shareholders are swimming naked.

Some growth can add value.

Also, growth can destroy value.


That is why you should invest in great companies at fair or wonderful prices.

Time is the friend of a great company. You will gain hugely from its growing intrinsic value over time. The longer you own it, the more valuable.

The converse is also true. That is a very good reason for avoiding company with highly competitive businesses. It suffers in many ways: low margins ( compete on price) and constant innovation ( capex, R&D expenses). Yet, its competitors come out with a better product or are better managed or has some unique advantages though not durable.

Naim is another gruesome company. Best avoided.


Regards


3iii

Better to rewrite the headlines:

How to lose almost 10 houses through investing in Netx in Dec 2019 and Jan 2020?

PALM OIL - The Investment That Separates Billionaires from Millionaires! (Reposting by Calvin Tan

How to lose 10 houses in your investing? An example: Sold 10 houses and invested into Netx in Dec 2019 and Jan 2020.

Conman calvin and dishonest raider have been promoting Netx for last 1 year. By their own words, they have been talking cock. Their followers have huge losses.

The uninitiated were severely misled by these duo. At 1 sen per share, nothing can go wrong. It was the cheapest or most undervalued. Those not buying were missing the biggest bargain of the day!


Only CharlesT saw into conman Calvin talking cock! Charles cleverly told conman Calvin his wish to see Netx going to 30 sen was when the company undertakes a consolidation exercise.

What was cheap at 1 sen per share promoted recklessly by conman calvin and dishonest raider is now priced even lower. Those who bought this company at 1 sen would have lost at least 40%!!!! Alas, for the majority, including conman calvin and dishonest raider, the losses are even higher (70% or more) as their average buying prices were a lot higher than 1 sen per share.


Beware, it is probable and not imposssible, that Netx may see a price of 5 sen or less post consolidation and post RI.

Do your own analysis and homework.

Good luck.


Regards

3iii

Due to its very poor fundamentals, continuing losses and huge operating expenses, Netx will continue to burn cash at a fast pace.

It is possible for its price, after the rights issue, to continue to decline. We may even see it reaching 5 sen per share or lower.

Gruesome indeed!

NETX

(ii) Competition from other similar service providers

The Group currently faces stiff competition from existing competitors and the introduction of new market players in the online food delivery service market.


STIFF COMPETITION FROM #EXISTING COMPETITORS.



Competitors are also offering innovative marketing campaigns, attractive and interesting deals and discounts to entice users.


COMPETING ON SERVICES AND #PRICE!!!



As such, there is no assurance that the Group's GemSpot and GemSpot Lite will be able to gain or grow its market share.


#NO ASSUARANCE IT WILL BE ABLE TO GAIN OR GROW ITS MARKET SHARE




In order to stay ahead of the competition , the Group may need to incur additional costs to run marketing, advertising and promotional activities for the continuous acquisition of consumers and merchants to use its application.


INCUR #ADDITIONAL COSTS TO STAY AHEAD OF THE COMPETITION.

4. Why paid trading tips are sometimes more dangerous?


You can lose your investment amount from free trading tips but what about paid tips. Surprisingly paid tips can make you suffer more because in this you not only lose your invested amount but also your subscription amount.

3. Let’s have a detailed look on their motive –




Motive #1 – Many operators provide free trading tips after offering the same to their paid clients.

Motive #2 – Operators often offer free tips just to have a smooth exit at hefty profit.

2. You will get dozens of free trading tips each day.


Your broker is also eager to provide trading tips at free of cost.
Moreover, dozens of websites offer bunch of new trading ideas everyday totally free of cost.
Including Facebook and Whatsapp groups, the list of free trading tips provider would be very long.

1. Why someone will provide money making ideas (stock tips) at free of cost?



Their motive is to bring back their existing customer.
None of them are doing charity.
None of them have the motive of making you rich.