I can see that netx balance sheet is healthy, it's esos were issued to staff at much higher prices All private placement at higher prices, substantial owners increased it's stake, and it has done jobs for both Telekom and Heitech Padu
And with the Digital economy progressing in earnest netx is well positioned for a mini bull run just like Opcom and others
This year 2019 theme play is Oil and Gas bull run
These stocks run up in unison - carimin, dayang, Naim, penergy, deleum and Uzma. Last to run will be scomies
Next year 2020 will still see o&g bull run somewhat. But it will shift to THE DIGITAL ECONOMY BULL RUN STOCKS....AND AMONG THEM ARE OPCOM AND NETX
YOU MUST FOLLOW WHERE WATER FLOWS
RM30 BILLIONS FROM PETRONAS FOR UPSTREAM PROJECTS POWER OIL AND GAS STOCKS THIS YEAR
SO RM21.6 BILLIONS FOR THE DIGITAL ECONOMY NEXT YEAR WILL POWER UP IT, FIBERS AND INTERNET OF THINGS STOCKS FOR 2020
https://www.investopedia.com › Business › Business Leaders › CEOs Aug 18, 2019 - A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate ...
1. A CHIEF EXECUTIVE OFFICER IS THE HIGHEST RANKING EXECUTIVE IN A COMPANY
As such he knows his company inside out. He controls spending and limit Directors meeting per sesssion only Rm1k
For Directors travelling from Outstation to attend HQ Meetings only Rm500 allowance is given
I LIKE CEO FRUGAL MENTALITY
HE SAVES LOTS OF MONIES FOR SHAREHOLDERS
SINCE HE HAS VESTED INTEREST IN COMPANY WELL BEING.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,703 posts
Posted by calvintaneng > 2019-09-23 23:49 | Report Abuse
SCOMIES IS CYCLICAL GOOD DUE TO
1) CONTRACT FOR SUPPLY OF DRILLING FLUID TO KUWAIT OIL CORP (RM610 MILLIONS)
2) SAUDI DISRUPTION SPURS OIL DRILLING WORLDWIDE. SCOMIES HAS CAPTURED 10% OF WORLD MARKET.
3) PETRONAS INCREASED RIG COUNT FROM 18 TO 28 GOOD FOR SCOMIES DRILLING FLUID BUSINESS
4) PETCHEM JV FOR 2 PROJECTS WITH SCOMIES UNLOCK POTENTIAL
OPCOM WAS CYCLICAL BUT AFTER DESIGNATION AS UTILITY WILL TURN INTO A STALWART
1) 12MP (MALAYSIAN PLAN) TOP THEME BUDGET = "THE DIGITAL ECONOMY" CAPEX WORTH RM21.6 BILLIONS"
2) WHEN OPCOM RECEIVED RM359 MILLIONS JOB AWARDS FROM TELEKONM IN YEAR 2009 IT RESULTED IN 2 DIVIDENDS FOR YEARS 2011/2 OF 34 SEN
NOW TELEKOM HAS BEEN ALLOTTED MORE THAN RM10 BILLIONS FOR NATIONWIDE = HOW MUCH ORDER WILL OPCOM GET THIS ROUND
NETX
NEW POST COMING UP SOON
NETX IS ALMOST DEBT FREE, NET CASH OF OVER RM30 MILLIONS OR 1.2 SEN
AT CLOSING PRICE OF 1 SEN TODAY NETX IS PRICED BELOW NET CASH (ALL THE REST "FREE")
NETX IS PART OF THE DIGITAL ECONOMY STOCK
GAME CHANGER FOR NETX WILL BE THE RM21.6 BILLIONS FOR NATIONWIDE FIBERISATION