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2018-07-19 11:20 | Report Abuse
The bosses for Galactic Maritime are Mr Mohd Anuar Hanadzlah for Inix, Yang Xiaowen, Dou Jun and Galactic Yield Enterprises Ltd all from PRC who have established here since 22nd March 2010. Yang Xiaowen is the leading expert.
2018-07-19 10:12 | Report Abuse
The bosses from HyperQB are Li Bin from PRC and Lim Choon Chong , a local guy. They are highly skilled in IT . Hopefully, Li Bin and Jack Ma can formed a strategic alliance. Hahaha.....
2018-07-19 08:52 | Report Abuse
HYPERQB Sdn Bhd FYE is 31st May 2018. From the last QR , the cash flow from associates is RM 1.255 M which shows a 50% increased from the last year 2017. GM and Hyperqb are associates of Inix. This last QR is as at April 2018 .
2018-07-19 08:43 | Report Abuse
GM is always tendering for new projects as stated by the director in the last AGM. Lets hope Inix will get a BIG CONTRACT very soon.
2018-07-19 08:41 | Report Abuse
GMaritime was acquired 49% by Inix at the total costs of RM 11.76 M. GM FYE is 31st July 2018. The most recent project is the Pulau Indah sand dredging contract worth RM 18 M which will matured by end of this month. Lets hope the next 4th QR for Inix this coming Sept will be the BEST EVER, whereby the annual revenue can hit RM 10 M with a handsome net profit , thus confirming CEO Dr Azman that Inix is in the black for FY18.
2018-07-18 23:00 | Report Abuse
Inix will never be the same when Galactic Maritime bring in lots of goodies and good news from land reclamation successful completion of projects . Potential to win new contracts is good since GMaritime is a major player.
2018-07-18 22:57 | Report Abuse
Hi michaelwong, this counter is a good stock with promising good biz. Just compare the Revenue, cash flow from operating activities , debts, trade receivables, trade payables, cash balance in bank and land reclamation industry is so big. Only 6s/6.5s you can invest in this debt-free stock with potential to own landbank near the coastline. Furthermore, Inix has very capable directors to steer the company in a positive direction.
2018-07-18 22:49 | Report Abuse
2018-07-18 14:07 | Report Abuse
Buy and invest in landbank by the coastline. Inix is a small jewel , with Galactic Maritime as one of the major player in land reclamation industry, very soon Inix will gather a few acres of land by the beach.
2018-07-18 12:36 | Report Abuse
Read a lot , dex. I travelled a lot too especially in Klebang Malacca.
2018-07-18 11:27 | Report Abuse
Galactic Maritime profit guarantee for Inix can be paid by land parcels from land reclamation . Inix soon will have landbank near the coastline where the value of land appreciate over time.
2018-07-18 11:21 | Report Abuse
Long term investors look at future value of the company. Inix future growth is excellent with tremendous potential to venture into landbank and property investments.
2018-07-18 09:58 | Report Abuse
6s , not easy to get also. Maybe have to queue for a few weeks to get some. Anyway, good luck. Like I have said earlier, Inix will soon be a shining star . Thanks to Dr Azman and his new team members. The numbers from the last 2 QR will make the minority shareholders happy.
2018-07-18 08:07 | Report Abuse
Inix last 2 QR was the best in so many years. This FY18 , Inix will be in the black as stated by CEO Dr Azman who is still on board. This new BODs with the arrivals of Zhang Li and Datok Dr Dominic Lau will combine their experiences to bring Inix to double digit share price very soon. Inix will soon have its own landbank by the coast.
2018-07-18 07:11 | Report Abuse
Inix , a penny stock, can manufacture land !
2018-07-18 06:52 | Report Abuse
Target price is double digit, upon Galactic Maritime performance. GM will surely help Inix to reach new heights.
2018-07-17 23:16 | Report Abuse
Next Qtr is on last week of Sept. Hope Revenue can hit RM 3.6 M , then the annual revenue will be RM 10 M, and with some profit !
2018-07-17 22:18 | Report Abuse
Update on Galactic Maritime: It is able to upgrade ports, harbour and navigational waterways especially along the Tebrau Straits, Port Dickson, Klebang in Malacca, Pulau Indah near Klang and Jambatan PIAI in Johor. GMaritime is very successful in completion of projects in Zhejiang, Fujian and Guangdong. Orderbook as at July 2012 is RM 220 M, especially projects around Iskandar Economic Region including Nusajaya waterfront development. To sum up, Galactic Maritime is one of the major player in land reclamation industry ever since 2010 in Malaysia. Now Inix has 49% shares of GMaritime, and at 6s per share it is the CHEAPEST JEWEL in Bursa.
2018-07-17 18:42 | Report Abuse
http://klse.i3investor.com/m/blog/journeytowealth88/14685.jsp
Interesting article.......Galactic Maritime, Benalec and Muhibbah are major land reclamation companies
2018-07-17 15:51 | Report Abuse
Inix FYE 2018 , Revenue RM 10 M , boleh atau tak boleh ?
2018-07-17 14:44 | Report Abuse
The new Inix is 100% local market, so the trade tariff between US and China has no impact at all
2018-07-17 10:41 | Report Abuse
In the last AGM , the CEO of Inix has plans for BizApps to be launch into other areas.
2018-07-17 07:00 | Report Abuse
R & D costs was at its high due to a project which has yet to be commercialize. This was stated on 28 Dec 2016 by one of Inix's Directors. Now that this project is completed, hence the R&D expenses is ZERO in the last 3 Qtrs. BizApp UiTM is a Mall without a physical Mall. This project was recently launched last September 2017.
2018-07-16 21:28 | Report Abuse
Why suddenly the Research and Development expences in the last 3 QTRS is ZERO ? I will tell the answer tomorrow.
2018-07-16 14:32 | Report Abuse
For the last 3 QRs , Inix maintained the administrative expenses about RM 1.1m to RM 1.6M, while the research and development expenses are ZERO in all those three Qtrs. This shows that Inix now is very lean and well manage, cutting down any unneccesary spendings.
2018-07-16 10:33 | Report Abuse
Good jewels like Inix will not stay cheap for long. Opportunities only knock on your door once.
2018-07-16 07:41 | Report Abuse
CEO Dr Azman is an experienced man in IT industry , En Mohd Anuar Hanadzlah an ED of Inix and Director of GM plus the newly appointed ED Zhang Li and Datok Dr Dominic Lau , both having experienced in the building industry (please refer to NWP stock ) will helped Inix to move into a new horizon
2018-07-16 07:30 | Report Abuse
This new Inix has now diversified his business from IT to land reclamation and probably property development through its wholly owned subsidiary CMSB, Concrete Milestone Sdn Bhd.
2018-07-16 07:26 | Report Abuse
Land reclamation in Malaysia was on way back in 1992. Now this industry is so big and bring in lots of opportunities such as property development. Galactic Maritime can also moved into ship maintainence. Hence, in early Jan 2017, Inix increased its shareholding by another 19% of GM. Now with 49% of GM, Inix further purchased another sand dredging vessel since the business is expanding rapidly.
2018-07-15 23:13 | Report Abuse
Anyway, PMB invested in Inix is mainly on strategic partnership since land reclamation is a very big business.
2018-07-15 23:02 | Report Abuse
Hi Awak, THHEAVY stock , I did not study much about this stock. So sorry, cannot explain why PMB took pp at 80s 3 years ago.
2018-07-15 19:57 | Report Abuse
PMB hanya melabur dalam syarikat yang mempunyai masa depan yang cerah. Inix merupakan satu syarikat yang sedang pesat membangun bukan hanya dalam bidang IT bahkan juga dalam bidang penambakkan tanah di pantai khasnya di negeri Melaka dan Selangor.
2018-07-15 19:53 | Report Abuse
Inix is in good hands, guys. No worries. With the new appointments of Directors , Inix QRs for FY 18 keep on improving. The figures from every corners speaks well of the good works of all the Directors with the CEO , Dr Azman still on board. PMB is still inside Inix as one of the main shareholders providing the necessary support and network to help Inix business to grow tremendously.
2018-07-15 19:46 | Report Abuse
Free warrant INIX WB , yes that is possible sir. Why ? Simply, revenue gets bigger and bigger, meaning business volume is increasing, then free warrant B is highly likely. Another reason is Warrant is for future funding for Inix supported by good cash flow from operating activities. Also, the cash in bank from RM 324 K as at 31 July 2017 increased 8 fold to RM 2.578 M as at 30 April 2018, will certainly allow BODs to reward loyal shareholders with free Warrant B.
2018-07-15 10:58 | Report Abuse
FY18, 1stQR ,2ndQR, 3rdQR , the Current Assets keep on increasing ie RM 6.4 M, RM 9.3 M and RM 10.9 M respectively. Inix business is getting better in the FY 18 for the past 9 months !
2018-07-14 17:23 | Report Abuse
On 18 July 2016, Inix acquired Concrete Milestone Sdn Bhd, an investment holding company. On 11 Dec 2015, Inix acquired 30% of GMaritime. Your guess is as good as mine, Land reclamation, GM and CMSB , surely something is brewing in the near future.
2018-07-14 16:13 | Report Abuse
Land reclamation is world wide, from Malaysia to Dubai, luxury high rise condos are built on artificial islands and reclaimed coastline. Galactic Maritime with many years experience in this field will certainly prove beyond doubt to bring in the profit for Inix. By then Inix will not be a penny stock any more. Kedah with the RM 30 B , mega project on the 81 hectare of reclaimed land near Langkawi will be a popular tourist spot . Galactic Maritime can help to maintain environmental protection for these kind of mega projects. Lets hope Inix will get a slice of it.
2018-07-14 15:53 | Report Abuse
https://www.thestar.com.my/business/business-news/2018/06/01/ting-pek-khiing-to-resubmit-langkawi-project-proposal/
Lets hope Galactic Maritime can get a slice of this mega project
2018-07-14 15:50 | Report Abuse
My hobby is reading and searching for cheap little jewels in the rubble. Inix is one of them. Cheap little unknown jewel where nobody even noticed of its existence in Bursa. Land reclamation is a big business even Datok Thing Pek King wanted to build a big one near Langkawi . In due time Galactic Maritime will help to make Inix famous.
2018-07-14 10:10 | Report Abuse
Also, Inix will make some profit this FY as stated by CEO, Dr Azman.
2018-07-14 10:08 | Report Abuse
The last 3 QRs has proven beyond doubt that Inix is changing for the better. Now the total revenue is RM 6.4 M which is only 75% of FYE 2018. These revenue shows that Inix business is expanding. Lets hope the top line for this FY can hit RM 10 M
2018-07-13 18:31 | Report Abuse
The contracts awards from Aug 2017 till now is worth RM 14 m for IT alone. These awards will keep Inix busy for at least 2 years. In the meantime , lets hope Inix will get more IT contracts.
2018-07-13 18:28 | Report Abuse
G Maitime has a big project in Pulau Indah in year 2016. The project is worth RM 18 m and it is finishing around this time. Lets hope the profit will come in for the 4 th QR , which will help Inix make profit. Please refer to Bursa Announcement.
2018-07-13 08:13 | Report Abuse
INIX CEO said that there is a high chance that FYE 2018 is in the black. Hopefully, there will be some kind of rewards for the loyal shareholders , maybe a small dividend. As the QR gets better with increasing trade receivables and good cash flow from operating activities, Inix will move on to a higher level.
2018-07-12 23:10 | Report Abuse
The profit from associates ( GM and HyperQB ) are stated in the CASH FLOW ACCOUNT
ie RM 1.255 m in the last QR. Inix primarily objective in purchasing these two companies is to supplement their cash flow.
2018-07-12 16:39 | Report Abuse
One of the Inix Executive Director is appointed as Director in G Maritime.
2018-07-12 16:32 | Report Abuse
The 49% acquisition of GMaritime is so important for Inix and the business is expanding with Inix purchased another vessel worth RM 5.5 m. This business has potential not only in land reclamation but also ship maintainence and services.
Stock: [ZENTECH]: ZEN TECH INTERNATIONAL BERHAD
2018-07-19 11:21 | Report Abuse
Inix new directors Zhang Li and Datok Dr Dominic Lau from NWP are property experts.