kgroup is largely influenced by the influx of new shares...which brought the no of shares up to more than 2bill...

yeah, can't deny the role of operators. They are the boss.

Nah, not a year. A lot less than that. Bank Negara is also pushing to get more 'e-thing' coverage expanded throughout Malaysia. You can read ghlsys report to know more. LOL I'm done discussing with you.

I don't wanna put mpay in a badlight, so I'll just say that from my point of view, netx are just starting to expand their e-pay/commerce services to around south east asia at a time when the gov are really really pushing to get the DFTZ to run before election. So I believe they will progress nicely. Ghlsys aims to be the biggest in SEA, their coverage atm include Philippines, Thailand and Malaysia, and I think Singapore, and they bringing in 60+mill every quarter and increasing.

https://themalaysianlawyer.com/2017/01/27/the-companies-act-2016-10-things-to-immediately-prepare-for/ point no 5

par value is no longer used. Gazetted Jan this year. Par value is irrelevant nowadays.

hehe, the guy who said Mpay is frontrunner...just so you know, the difference in revenue between mpay and netx is not much. And yet mpay is at 0.24.

the thing about iwcity was, whoever bought last week, would have to endure a very very very suspenseful weekend. It's nice to see whoever endured that got paid off. I didn't buy because too much pressure for me.

All the best to Netx holders.

try refreshing pengwin. Oh well, I hope e-commerce counters flies to add improvement to KLCI mood. May it hit 1900 at the end of the year :) .

1 more reasons why I'm still watching this is because, Asiabio bought the warrants with the intention to convert to mother. Netx will get money if they convert so Netx will need to 'give' attractive price.

:( I missed again. Too busy doing other things.

looks like most of you are short term players. So, it's a waste of time if want to discuss whether worth keeping or not.

Don't know, cannot tell the future.

http://mothership.sg/2017/03/alibaba-setting-up-e-commerce-and-logistics-hub-in-malaysia/

one of the reasons, I said keep. This is not a one off thing. It will be a recurring income for Netx and other e-commerce, logistics counter (POS etc) . 1st outside China, second in the world. This October DFTZ will be running.

Btw, the link is March's news, yesterday deal decided the start date already. If you want strong fundamentals, then counters above Rm1 maybe can satisfy your prerequisites.

https://klse.i3investor.com/blogs/kianweiaritcles/122724.jsp keep. If I got enough fund, I would put a bit in every counter related to e-commerce, e-payment.

All of the above and NetX

I still remember this Baharuddin tried to predict Anzo to 'rebound kaw kaw' but what happened was, it went under the sea. And he's still doing it I see.

wow...did anyone manage to get son at 0.035?

hmmmm...I'm really really liking what I'm reading here. May Netx continue gaining so we can put our money and relax :) .

Contra running will open opportunity to buy at 'bargain'.

NoPainNoGainJo https://klse.i3investor.com/servlets/stk/0020wb.jsp WB details here, expiry 08 June 2019

That's good news sportstoto, sort of strengthening the sentiment that has been surrounding this counter. I'm waiting for best buy price. If possible.

16th June 2016*

Eh, that rights issue is last year lah. New shares already listed on the 18th June 2016. The warrant Netx-wb was born last year together with the package.

http://www.thestar.com.my/news/nation/2017/05/11/pm-heading-to-hangzhou-china-for-dftz-mou/

I hope so too jessieps, just that people are afraid to enter after what happened. Including myself. They screwed the good chance to appear 'good' if you asked me.

I like gohky87's idea. Better to go up 1 sen per day, before you know it, it's almost 10-20 sen gain at the end of the month.

Congrats BigDaddyCool, may others enjoy as much profit as you did.

I'm wondering, if you buy, you buy it on the basis that someone will goreng it up because charts, vol etc says so? (in other words simply goreng) Or you want to subscribe to the rights issue?

I sympathize with those who lost their money in this counter but the parties controlling this is too much. Retailers should just stop giving them money. UMA replies were bad and a slap in the face, as if nothing happened, eventhough prices were tumbling back then. Good news were used to trap more. I was baffled just the other day. Now, they want to collect money. EPS will be diluted..and with no other guaranteed projects, from where can they increase their income to increase eps. So let the syndicates controlling this subscribe lah.

Those who bought today...all the best at getting out :/

I think this one got potential, but since we are close to t3/t4 for some traders or contra players, plus the market slow down, it will probably take a quick break.

they've overpressed the price. They drained investors dry, and now they want to ask more money by issuing 655 mil shares, bloating the total no of shares after everything's done assuming 100% subscription to close to 1 bill shares. Sure, let the bankers subscribe lah.

I don't have anzo, just summarizing the situation that is going on.

Personally, I think better stay away. Let the syndicates subscribe to the rights issue since they got a lot of chips they pressed down from others.

details of the rights issue here http://www.malaysiastock.biz/Company-Announcement.aspx?id=878048

up to 655 mill new shares can/will be issued and 3 free warrants for every 6 shares subscribed to.

happy888, depends, if you bought them at a discount when they are listed. What will happen is, if you are listed as shareholder at a certain fixed date, you will be given the chance to buy these new shares at RM0.2. Hence why it's called rights issue. Rights for entitled shareholders to buy at discount. If you don't want to sub, can sell on the market like normal shares. But usually the 'age' of these rights is 5 trading days. Those who subbed, will get the new shares at a later prescribed dates and also warrant C.

Jadeschira, they want to raise money by offering new shares to existing shareholders at discounted price. In this case, RM0.2 per new share. If shareholders accept, they will have to pay RM0.2 per share to subscribe and Anzo will get money.

Like I mentioned before, no reasons to buy now. Good news when it was high was used to press down, good news when it was low, was used to trap investors and press down again.

wow..the average buy price today is 0.089..

There's probably a lot of vips/bigshots trapped in the higher prices.

Eh..I think no one is denying the role of sharks/bankers here. We were just thinking that the news that came out would give them a reason to goreng up. Dataprp moved like a boss hehe. No need any news.

bgt9963, since the past weeks, this counter never gone up. So can't really apply that adage here. We were expecting the news to drive it up.

Just stop BigDaddyCool. Let whatever will happen, happens. Of course those who have this will defend their reasons and so far they have good reasons.

hehe chill, as long as not related to 1MDB should be safer. Don't drag others who are making genuine progress :) .

http://www.malaysiastock.biz/Company-Announcement.aspx?id=970984 hmmm this?

lol...i thought if cheaper than can collect more..

There's no reason to buy now. Good news came out, and price got pressed down. So people are staying away.

if it breaks through 0.075 isn't that like 5-6 years high or something...

Wow, there was a direct transaction of 6 mill units at 32 sen?

adamant, that's a good idea in an ideal situation but not really for me.

Buy1sell2, this news have been talked about since last month. After Tinta Anggun awarded the Malacca contract to Anzo, this one has a brighter prospect of success too I think due to Datuk Chai's position. They got a 1.2 bill project dangling in front of them, they gotta fight tooth and nail to confirm it.

For such small amount, you'll gain less than 100 after fees/charges.

If you got in low, and you believe this got future, just keep. The moment you thought you understood the pattern is usually the moment it would do something else. This is all sharks' play. The numbers added to queue, removed, bought everyday are just too big to be just retailers. This stock is considered lightweight, all the good news should've pushed price way up but can't fight the sharks.

the remisiers for these guys are smiling only. Millions happens every day.