True.

Hj Mazru pula sudah lama dalam Nexgram sebagai finance staff dan seterusnya dilantik sebagai Executive Director.

Agree with you niubee126. Today, I also concluded about the matter after receiving today's announcement concerning the disposal of shares by Ozura.

Tak tahulah aman85. Tapi amount share terlibat bukan kecik punya anak, berjumlah 627,189,697 unit. Unit share sedemikian boleh jadi kombinasi share dua syarikat di second board. Kalau nak dispose di pasaran terbuka, nanya pelabur runcit nak cover saham yang banyak jika di dispose dalam blok saham yang besar.

Share untuk Hj Mazru saya kurang risau sangat sebab andaian saya dia orang dalam dan mungkin pegang share untuk menjadi pemegang saham major dalam syarikat.

Sekadar pandangan.

Nexgram okaylah juga dari segi cari projek. Walaupun construction baru di diversify, ada juga dapat projek. Satu lagi dia inovatif juga cari peluang bidang health care sempena covid-19. Antara coy yang terawal menceburi bidang ini sempena covid-19. Itulah dok cari-cari sebab mengapa share tak boleh naik setanding share coy lain.

Other members of this forum who have faith in Nexgram and I are with you niubee126.

@Sha711. And we also should wait for the thing such as "the Big News" as said by our fellow forummer KangCs. A part of investing is speculation. Speculation is allowed!!! HeHe

niubee126, kes disspointed ni la menyebabkan dok fikir macam-macam. Jadi detektif Conan pulak dah. Harap teori yang diberi tidak mengecewakan you guys. Boleh percaya dan boleh tidak percaya. Gunakan pertimbangan sendiri untuk membuat keputusan. After all. Sorry sekali lagi.

No Sha711. I still believe in Nexgram. I,m in and will wait until the dust settled and hope will enjoy the rewards. Sometimes we need to find the answers for any problems that we are facing with.

@David Coperfield. Just my opinion concerning the problem which has been the subject to be ask by me and some forummers.

The disposal of big bulk shares by Ozura is the main obstacles for Nexgram share price to shoot up. Ozura is a company which was the creditor of Nexgram before it was given the right to subscribe a big amount of ICPS. The coy never want to be the substantial share holder of Nexgram. It has to dispose the shares into cash which was needed by the company.

My theories or assumptions are:
1. The disposal of shares in bulks will dampen the share price.
2. The Operator needs to control the price of the coy to make sure the disposal activities to be a
success.
3. I think, parts of the operators should be the big guys/sharks. They intend to get more shares
at lower price.
4. They are not going to let the price shoot up until they get enough shares. Furthermore the act to
push share price will be more difficult if the process of share disposal is still in progress.

My conclusion is, one of the problems with Nexgram share price not following the market trend or moves in line with their positive announcement is this share disposal soap drama. We suppose have to wait for this problem be settled and later hope the sharks will helps to fry the coy,s share price.

***Just my two cents opinion.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3082691

The first announcement related to the disposal of shares by Ozura:

24 Aug 2020
898,700
Disposed

We have to wait for the announcement. If any disposal has been done by Ozura (substantial share holder) it must be reported in a specified time.

@Hopeforthebest. Why none of his disposal of shares has been announce yet? At least for the transaction (if any) suppose to be done on the earlier date....

Sabar itu duit dan esok masih ada harapan..Thanks guys.

Okay guys. Thanks. Boleh layan perasaan sedikit. Boleh frust juga ini Nexgram terutama saya expect hari ini paling kurang boleh bergeraklah sikit. Tak apa belum tiba masanya.

Wah persie, sudah tukar ke?

Kerana itu penghinaan
Juga cemuhan
Diganti dengan kepujian
Dan kemuliaan

di situ kita lihat bersinarlah hakikat

@8dragon. You better sign a MOU with Nexgram to buy 1000 units of Nexgram shares @7.5.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3081782

Just a reply to a query letter from Bursa concerning acquisition of Arita Plastics Industries.

I'm waiting for the emergence of a new substantial shareholder into Nexgram. Just guessing.

Its okay with bloomberg, but I think some of WSJ information has been misleading, especially about what has been discussed yesterday. The information given at simplywall.st also can be refer as more accurate.

@good point, Richman. Thank you. I'll follow you.

@JuliusCeaser. Repost the link. A nice article to read concerning your q.

https://simplywall.st/stocks/my/software/klse-nexgram/nexgram-holdings-berhad-shares/news/is-nexgram-holdings-berhad-klsenexgram-using-debt-in-a-risky-way/

From earlier QR, noted that the revenue has been decreasing.

Logiknya dengan banyak berita yang keluar sepatutnya positiflah.

Sigh. Harga masih dalam kawalan. Macam ada operator yang kawal harga. Bila mau selesai ni?

https://says.com/my/news/moh-urges-pm-muhyiddin-yassin-and-nsc-to-further-extend-rmco

@Azmanizam. Sebagai tambahan, andaian saya berdasarkan laporan last QR:

Current year's prospect (cont’d)
The unprecedented COVID-19 pandemic has certainly created severe impact to humanity
with lives being lost to the pandemic, borders closed by the Governments in most
countries around the world. Malaysia is no exception to these impacts. While there are
economic uncertainties arising from the impact of this pandemic, we continue to believe
that our business is resilient as during the lockdown, online services will be in greater
demand.
The Covid-19 pandemic provides new opportunities for the company to provide medical
solutions and introduce Covid-19 test such as antibody Rapid Test Kit (“RTK”) and
Polymerase Chain Reaction (“PCR”) molecular diagnosis screening. The official
distribution rights for Healgen and Liangrun antibody RTK have gained traction from
government and private sector. The Polymerase Chain Reaction PCR reagents are
recognised by WHO and FDA which the Company has submitted to Medical Device
Authority for approval. This is evidence from continuous repeat orders for the company
services during pandemic. Despite the challenges, the Company is cautiously optimistic
that the long-term outlook for the company continues to remain positive as we
continuously introduce innovative services in the country and as well as within our
regional presence.

Tidur dulu. Selamat malam.

@niubee126. why take so long to report? Apa strategi?
Harap strategi coy (jika memang ianya dirancang) mendatangkan kesan baik untuk kita semua pelabur bilis. Lompat kijang esok atau sekurang kurangnya gap up.

RM25, 000, 000 debt (current liabilities) yang dia kira tak termasuk non currents liabilities berjumlah RM4.7 juta. Kiraan saya jumlah hutang = RM30.1 juta. Pengiraan cash to debt ratio saya berdasarkan jumlah hutang RM30.1 juta.

Walau apa pun nice article dan debt to equity ratio yang dikira adalah lebih rendah iaitu 7.5 % dan reliable berbanding dengan laporan WSJ yang diquote oleh rakan kita.

Tak pasti lah azmanizam. Kepercayaan saya sekadar andaian jika bisnes Covid-19 yang mula diceburi semenjak 15 Mac 2020 (berdasarkan maklumat dalam http://nexgram.co/) telah mendatangkan revenue atau tidak. Kalau ya, saya jangka boleh membantu kebolehuntungan coy untuk QR yang akan dilaporkan. Kalau tidak, andaian dan kepercayaan saya salah.

*Sekadar pandangan saya sendiri.

@Limituppp. Today,s announcement a bit different, but it was reported by press a bit long time ago before it was reported at Bursa only today.

Cuma, saya nak start spekulasi balik. Kenapa baru sekarang coy announce dekat Bursa fasal MOU dgn MTC? Ada udang sebalik batu, ada ada udang di sebalik mee ? HeHe. Ada Detektif Conan boleh jawab?

Harapan kena selalu ada. Kalau tak ada harapan, buat apa tunggu ini kaunter.....

+++++ MOU with Indonesian parties. It shows the Nexgram accomplishment in their Covid-19 businesses.

Kalau dalam drama Bornoil, penuh dengan PP dan Esos.

Announcement kalau-kalau Ozura ada jual masih tak keluar. Dalam drama ni penuh dengan suspense????????

@Sha711. Nanti kita tengok endingnya macam mana. Harap-harap hero/heroin tak mati. Bahagia selamanya. HeHe

@papaya. Hehe

At least the MOU now officially been announced

The remaining right to subscribe is 37 189 697 shares

No insider will declare him/her as an insider. Some of the answers for the questions were discussed on this forum lately. Just browse the past postings and try to find the answers. Some of the anwers might be base on assumptions or speculations only.

Wow. good announcement.

@JuliusCeaser. Form last QR, total cash = RM18, 540, 353 and Net liabilities = RM30, 190, 322. Therefore the Cash to debt ratio is 0.614 or 61.4%.

Net liabilities = RM30, 190, 322 and net equity = RM156, 681, 866. Therefore the Total debt to equity should be 19.3%, not 47.12 %.

Maybe the figures given by WSJ was taken from older quarter reports.

After all. Nexgram is fundamentally more positive.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3064572

@JuliusCaeser. Its maybe true. But from my simple observation their financial condition getting better because its debt has been reduced enomoursly

Nexgram's FS based on last QR. Total current liabilities down from RM99,185,637 to RM25,466,735 and Cash (FD + bank ball) almost 19, 000, 000.

@JuliusCaeser. The debt has been reduced much, based on last QR. Thanks for the disposal of the asset (buiding)