Posted by calvintaneng > 2019-12-17 11:42 | Report Abuse

Netx has Rm72.7 millions with subsidiaries..



Amount owing by subsidiaries in audited annual report:
2012 -- 2.5 mil
2013 - -
2014 -- 4.4 mil
2016 - 18 mil
2017 - 26 mil
2018 - 72.7 millions with ariantec and others

From the audited figures of year 2018

Cash with Subsidiaries have gone up from a mere Rm2.5 millions in year 2012 to Rm72.7 MILIONS IN YEAR 2018

That means Rm70 MILLIONS FOR 6 YEARS OR RM10 MILLIONS A YEAR!!

WELL DONE NETX TEAM!!

No wonder Insiders bought another 103 MILLION NETX SHARES AS HIGH AS 2 SEN

See

ASIABIO CAPITAL SDN BHD 23-Aug-2019 Acquired 19,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 23-Aug-2019 Acquired 19,000,000 0.000 View Detail
ASIABIO CAPITAL SDN BHD 22-Aug-2019 Acquired 15,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 22-Aug-2019 Acquired 15,000,000 0.000 View Detail
ASIABIO CAPITAL SDN BHD 15-Aug-2019 Acquired 12,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 15-Aug-2019 Acquired 12,000,000 0.000 View Detail
ASIABIO CAPITAL SDN BHD 13-Aug-2019 Acquired 20,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 13-Aug-2019 Acquired 20,000,000 0.000 View Detail
ASIABIO CAPITAL SDN BHD 09-Aug-2019 Acquired 9,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 09-Aug-2019 Acquired 9,000,000 0.000 View Detail
ASIABIO CAPITAL SDN BHD 08-Aug-2019 Acquired 8,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 08-Aug-2019 Acquired 8,000,000 0.000 View Detail
ASIABIO CAPITAL SDN BHD 07-Aug-2019 Acquired 10,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 07-Aug-2019 Acquired 10,000,000 0.000 View Detail
ASIABIO CAPITAL SDN. BHD. 06-Aug-2019 Acquired 10,000,000 0.000 View Detail
FINTEC GLOBAL BERHAD 06-Aug-2019 Acquired 10,000,000

Posted by Ckk2266 > 2019-12-19 08:20 | Report Abuse

http://www.kkr.gov.my/ms/node/41679

Posted by calvintaneng > 2019-12-21 16:01 | Report Abuse

Less than 10 days now

Countdown to Nfcp Rm50. 3 billions fiberisation thrust

Posted by calvintaneng > 2020-01-07 10:35 | Report Abuse

VERY GOOD MORNING TO ALL DEAR INVESTORS FROM CALVIN OF SINGAPORE

Today's Topic is

WE BUY NETX BECAUSE IT HAS MARGIN OF SAFETY

WHEN NETX WAS 1 SEN CALVIN ISSUED BUY CALL (Now how to buy a stock at 1 sen is beyond Fund Managers. No Fund Manager or IB in their right mind will bother with a share worth only one sen!)

THEN WHY CALVIN DARED TO BUY NETX AT 1 SEN?

ANSWER:

1) NETX HAS ZERO DEBT FOR BUSINESS (You cannot go bankrupt if you don't owe money

2) NETX HAS RM35 MILLIONS IN CASH. When Netx was selling at 1 sen & it has a cash hoard of Rm35 Millions which means it has 1,2 sen in cash per share.

THIS DISCOVERY GAVE GOOD MARGIN OF SAFETY & UNDERVALUATION

3) DIGGING FURTHER INTO ANNUAL REPORT CALVIN DISCOVERED THAT NETX GOT CASH LOANED OUT TO SUBSIDIARY ARIANTEX AND OTHER AT RM72.7 MILLIONS (HU HU HU )

THAT WAS WHY NETX HAS EXTRA HIDDEN VALUE.

AS MARGIN OF SAFETY BUFFER GOES UP CALVIN TURNED MORE BULLISH AND TOLD ALL TO BUY AT 1.5 SEN. AFTER THAT 2 SEN. WHY CAN BUY NETX NOW AT 2 SEN?

4) BECAUSE COMPANY EMPLOYEES DARED TO PICK UP NETX SHARES AT 2 SEN (50 MILLIONS FOR ESOS AT 2 SEN ALL TAKEN UP)

Tell you a secret

Calvin called Netx staff and asked if there should pass it up then let Calvin take over the ESOS at 2 sen. But they said they will exercise ESOS at 2 SEN

THAT MEANS THAT THE EMPLOYEES OF NETX ARE ALSO SANGUINE ABOUT COMPANY'S FUTURE.

AS SUCH OUR MARGIN OF SAFETY HAS NOW GONE UP FROM ONE SEN TO 2 SEN STRONG SUPPORT

NOW CALVIN IS VERY VERY HAPPY FOR ALL WHO BOUGHT NETX FROM 1 SEN TO 2 SEN

WE AWAIT NFCP RM50.3 BILLIONS ROLL OUT

TIME IS ON OUR SIDE

AS WE MOVE INTO JANUARY, FEBRUARY, MARCH THE EXCITEMENT OF NFCP WILL FILL THE AIR

SO HOLD TIGHT EVERY PRECIOUS NETX SHARES FOR A COMING MULTI YEAR BULL RUN TIME

ALL WHO INVEST IN NFCP STOCKS WILL BE VERY VERY VERY WEALTHY FOR

2019

2020

2021

2022

2023

5 CHEERS!!


Kindest Regards

Calvin


AFTER NETX OPCOM. REDTONE, CMSB & BINACOM ALSO GOOD