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9 comment(s). Last comment by Robinson 2020-03-25 21:55
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.
No result.
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Posted by Philip ( Write To Me If You Need Help) > 2020-03-25 16:53 |
Post removed.Why?