Posted by Philip ( Write To Me If You Need Help) > 2020-03-25 16:53 |

Post removed.Why?

Posted by Sslee > 2020-03-25 17:00 | Report Abuse

Haha,
Operating in Over 7 Countries but revenue last quarter is 258K???

Posted by calvintaneng > 2020-03-25 17:24 | Report Abuse

SSLee

You look at the wrong place

NETX IS CALLED NETX HOLDINGS CO

AS SUCH LIKE ICAPBIZ (ONLY RM2.9 MILLIONS REVENUE) INVEST TRU SUBSIDIARIES LIKE ARIANTEC

RM4 MILLIONS WENT TO BUY PPE

RM3 MILLIONS WENT INTO INVESTMENTS

Posted by Sslee > 2020-03-25 17:36 | Report Abuse

Dear Calvintaneng,
Refer the below financial quarter report. With deteriorating revenue or almost zero revenue how this company can survive?
https://klse.i3investor.com/servlets/stk/fin/0020.jsp
Quarter 30th Nov 2019; Revenue: 33k: NP to SH: -7,084K: EPS: -0.21
Quarter 30th Sept 2019; Revenue: 258k: NP to SH: -2,750K: EPS: -0.08

Thank you
P/S: Only associate companies revenue is not account into holding company revenue.
Subsidiary companies revenue is account into holding company revenue but during P/L it is separated as P&L for holding company

Posted by calvintaneng > 2020-03-25 17:43 | Report Abuse

Whatever it is called

NETX BOTTOM LINE IS

RM110 MILLIONS CASH & EQUIVALENTS

AT 1 SEN WITH 4.1 BILLIONS SHARES TOTAL VALUE ONLY A MERE RM41 MILLIONS WHICH IS A BIG DISCOUNT OF 60% TO NET CASH

MAKING NETX THE SAFEST STOCK IN THESE TERRIBLE TIMES

Posted by Sslee > 2020-03-25 18:01 | Report Abuse

Dear calvintaneng,
Please read the below quarter 30th Nov 2019 financial report. P&L statement, Balance sheet and Cash-flow: Total assets: RM 81,617,000. Total liabilities: RM 3,017,000. And cash flow statement Proceed from issuances of shares: RM 15,432,000. So tell me how long before Netx run out of many to pay admin & operation expenses?
https://klse.i3investor.com/servlets/staticfile/378835.jsp

Thank you

Posted by calvintaneng > 2020-03-25 20:01 | Report Abuse

Yes

Admin only Rm1. 7 millions

Opex is into Asset and securities purchase

Balance sheet shows Rm34 milions cash

In ar there is another Rm72.7 millions

Opex and investments one off and may or may not recur

In any case we don't invest in Netx for the past or the present

We invest for the future of Nfcp

Just as I bought carimin at 39 sen on Jan 2018 when things were bleak

Then ogse bull run pushed carimin to Rm1. 46

Rest is history

So will be cyclical Nfcp pushing up Netx Opcom and Redtone

Posted by Robinson > 2020-03-25 21:55 | Report Abuse

Posted by calvintaneng > Mar 25, 2020 5:43 PM | Report Abuse

Whatever it is called

NETX BOTTOM LINE IS

RM110 MILLIONS CASH & EQUIVALENTS

AT 1 SEN WITH 4.1 BILLIONS SHARES TOTAL VALUE ONLY A MERE RM41 MILLIONS WHICH IS A BIG DISCOUNT OF 60% TO NET CASH

MAKING NETX THE SAFEST STOCK IN THESE TERRIBLE TIMES

----------------------
SAFEST ???

2 CENT SINK UNTIL 1 CENT LOSING 50% STILL SAFEST ?

ARE YOU RETARD ?

Posted by Robinson > 2020-03-25 21:55 | Report Abuse

Dear Sslee

once said before, dont argue with retard, he will drag you to his level and beat you. and calvintard is proving it.