NETX HOLDINGS BHD

KLSE (MYR): NETX (0020)

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Last Price

0.10

Today's Change

0.00 (0.00%)

Day's Change

0.10 - 0.10

Trading Volume

25,000


35 people like this.

66,744 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 3 weeks ago

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-30 15:17 | Report Abuse

Most people here is totaly no knowledge, just gamble play share.

Mikecyc

47,002 posts

Posted by Mikecyc > 2020-10-30 15:21 |

Post removed.Why?

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 15:37 | Report Abuse

expected close at 11sen

Good123

26,681 posts

Posted by Good123 > 2020-10-30 15:39 | Report Abuse

if results released today news on its big plan etc next week starting from Monday will rebound crazily. :)

Good123

26,681 posts

Posted by Good123 > 2020-10-30 15:39 | Report Abuse

these weekends should be many articles regarding its plan, rtc

Smart2Win

126 posts

Posted by Smart2Win > 2020-10-30 15:58 | Report Abuse

10.5 cents now. At least AT didn't ask money this time from shareholders and already build the factory at Chemor, can see the photos of the factory. AT issued Esos, but the employees themselves have to borrow bank loan to buy Esos. And the Esos money used to build the Chemor factory. For Next, the directors use money of right issue to pay themselves for next 2 years and the share will continue to slide to 1 cent. After 3 years, consolidate 50 to 1 and then right issue again.

Citadel12

1,045 posts

Posted by Citadel12 > 2020-10-30 16:12 |

Post removed.Why?

Good123

26,681 posts

Posted by Good123 > 2020-10-30 16:18 | Report Abuse

less than RM800K in total value traded

Good123

26,681 posts

Posted by Good123 > 2020-10-30 16:18 | Report Abuse

buy-sell among small traders

faizal

1,457 posts

Posted by faizal > 2020-10-30 16:36 | Report Abuse

Citadel12 kamu maksud Calvin Tan Ah Swee rugi banyak ?

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 17:05 | Report Abuse

calvin diam2 now????????????????

Nepo

3,433 posts

Posted by Nepo > 2020-10-30 17:06 | Report Abuse

Share price now RM 0105 convince con artists thousands of words

Mikecyc

47,002 posts

Posted by Mikecyc > 2020-10-30 17:09 |

Post removed.Why?

Mikecyc

47,002 posts

Posted by Mikecyc > 2020-10-30 17:10 |

Post removed.Why?

scenery

2,361 posts

Posted by scenery > 2020-10-30 17:17 | Report Abuse

Already said will go below 10 cts when RS out loh, expected lah...

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 17:19 | Report Abuse

Raider, can u sell ur rs now to stop loss ? Kikiki

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 17:20 | Report Abuse

Hw much u lose when d time u can sell n price drops to 9sen?

stockraider

31,556 posts

Posted by stockraider > 2020-10-30 17:36 | Report Abuse

Netx is not for sale loh...!!

It is long term investment mah...!!

Yes Raider..lost a MYVI based on current price of 10.5 sen....but ok mah...!!

It is short term situation ....bcos eventually....the fear of MR market will always go away mah...!!

Always invest based on margin of safety where the net cash of netx is 15 sen v share price 10.5 sen and the improving prospect of netx due to monetization of its apps mah....!!

No need to listen to sohai...they do not have any exposure & upto no good mah...just stay & hang on with netx loh...!!

Do not forget the major shareholders, insiders, the syndicates and including raider lose monies right now loh...!!
Thus u should be very comfortable with Netx loh..!!

this NETX will quickly turn around mah...do not worry of daily mkt fluctuation that is for sohai traders & gamblers, just stay on course & hold long term mah...!!

Victory will be ours eventually loh...!!

scenery

2,361 posts

Posted by scenery > 2020-10-30 17:39 | Report Abuse

So degil, ask him to sell b4 consolidation or sell immediate after console at 25 cts, dont buy RI, dont want to listen. pity those misled by trio conmen calvin, stoopraider and good123..

stockraider

31,556 posts

Posted by stockraider > 2020-10-30 17:41 | Report Abuse

Remember Thomas edison never give up mah...!!

Thus he successful eventually loh...!!

Posted by scenery > Oct 30, 2020 5:39 PM | Report Abuse

So degil, ask him to sell b4 consolidation or sell immediate after console at 25 cts, dont buy RI, dont want to listen. pity those misled by trio conmen calvin, stoopraider and good123..

stockraider

31,556 posts

Posted by stockraider > 2020-10-30 17:47 | Report Abuse

Netx is not for sale loh...!!

It is long term investment mah...!!

Yes Raider..lost a MYVI based on current price of 10.5 sen....but ok mah...!!

It is short term situation ....bcos eventually....the fear of MR market will always go away mah...!!

Always invest based on margin of safety where the net cash of netx is 15 sen v share price 10.5 sen and the improving prospect of netx due to monetization of its apps mah....!!

No need to listen to sohai...they do not have any exposure & upto no good mah...just stay & hang on with netx loh...!!

Do not forget the major shareholders, insiders, the syndicates and including raider lose monies right now loh...!!
Thus u should be very comfortable with Netx loh..!!

this NETX will quickly turn around mah...do not worry of daily mkt fluctuation that is for sohai traders & gamblers, just stay on course & hold long term mah...!!

Victory will be ours eventually loh...!!

NETX - RENOUNCEABLE RIGHTS ISSUE OF 626,136,825 NEW SHARES (RIGHTS SHARES) TOGETHER WITH 313,068,412 FREE DETACHABLE WARRANTS IN NETX (WARRANTS C) (RIGHTS ISSUE WITH WARRANTS)

NETX HOLDINGS BERHAD

Kindly be advised NETX’s additional 626,136,825 new ordinary shares issued pursuant to the aforesaid Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 3 November 2020.

We are also pleased to advise that NETX’s 313,068,412 Warrants C issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants C on the ACE Market, will be granted with effect from 9.00 a.m., Tuesday, 3 November 2020.

The Stock Short Name, Stock Number and ISIN Code of the Warrants C are “NETX-WC”, “0020-WC” and “MYQ0020WCXA4” respectively.

Catlim69

1,284 posts

Posted by Catlim69 > 2020-10-30 18:11 | Report Abuse

Sohai stuckraider. Have you cut loss hengyuan?

Posted by TAIYOONGHOU > 2020-10-30 18:25 | Report Abuse

Ham 7 la stockraider , talk cock u pandai

Catlim69

1,284 posts

Posted by Catlim69 > 2020-10-30 18:40 | Report Abuse

Real sohai stuckraider. Holland like mad in hengyuan and bjcorp

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-10-30 18:54 | Report Abuse

At 1 sen before consolidation, the market cap of Netx was 52 million

It raised 80 million through its recent rights issue.

Here are some important lessons one can learn from the Rights issue of NetX.



Lesson 1:

Today, at 11 sen, post consolidation and RI, its market cap is 92.33 million.

The original holders of NetX shares at 1 sen per share (before consolidation) has lost 56% today.

If the original NetX shareholders have subscribed to all the rights issue, they would have lost even more today.




Lesson 2:

Today, its market cap is 92.33 m

It raised 80 m through RI.

Thus, we can say that prior to the consolidation and RI, Netx at 1 sen per share (or 52 m market cap) was SEVERELY OVERVALUED. Rightly, the company has been repriced and this initial 52 m is now valued at 12.33 m in its present market cap and shrinking still.




Lesson 3:

Now, let us observe conman calvin's posts. Firstly, conman calvin has shied from admitting his losses. Pride stands in conman calvin's way and he has to declare to everyone here he is buying more. Well, no one really is interested in the posts of the person with no integrity. It is obvious to everyone that conman calvin and dishonest raider are swimming naked in this longkang of NetX. deMusang observed their small pendulums swinging to and fro each time these duo posted.

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 19:28 | Report Abuse

Agree

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 19:28 | Report Abuse

Tats y i urge calvin be honest

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 19:30 | Report Abuse

Without honesty, u r jus a slave of money

Sslee

6,908 posts

Posted by Sslee > 2020-10-30 19:46 | Report Abuse

NETX Q3 result:
For the current quarter ended 31 August 2020, the Group recorded revenue of RM4.67 million. The revenue mainly derived from project sales of network equipment and infrastructure in Non-Payment Services Segment and rental of EFTPOS terminal to merchants. The Group recorded a loss before taxation for the current quarter of RM1.32 million, mainly due to unrealized forex loss of RM3.5 million and share-based compensation expenses of RM0.39 million for share option granted to employees, cushioned by gain on fair value adjustment on investment in MLAB System Berhad of RM2.7 million.

For the 9 months ended 31 August 2020, the Group recorded revenue of RM11.48 million, which mainly derived from project sales of network equipment and infrastructure in Non-Payment Services Segment and rental of EFTPOS terminal to merchants. The Group recorded a loss before taxation of RM2.21 million for 9 months ended 31 August 2020, mainly due to resources invested for expansion and promotion of the business and share-based compensation expenses of RM1.68 million for share option granted to employees, cushioned by unrealized forex gain of RM0.33 million.

Stockraider Q3 loss quarter and next quarter more losses because MLAB System Berhad 28th Aug close 0.055 today close 0.02.

gemfinder

6,880 posts

Posted by gemfinder > 2020-10-30 19:48 |

Post removed.Why?

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-30 20:09 | Report Abuse

Goog123 and stockraider, even this counter tomorow delisted , they still will say this counter got good future, ask you to buy. Haha funny

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-30 20:10 | Report Abuse

I think this both guy or same guy, lose big money in this counter till now have a sick mind.

Citadel12

1,045 posts

Posted by Citadel12 > 2020-10-30 20:10 |

Post removed.Why?

JXnotJAX

223 posts

Posted by JXnotJAX > 2020-10-30 20:12 | Report Abuse

Lol? improved qr brother, see how market respond Monday

Shootup

3,248 posts

Posted by Shootup > 2020-10-30 20:16 | Report Abuse

Revenue decrease more than half, but how come losses only minimised very little

Mr calvin, can u raise up my question in ur top 30 holder meeting??

And ask, why never profit???

Sslee

6,908 posts

Posted by Sslee > 2020-10-30 20:37 | Report Abuse

MLAB
30-Oct-2020 12-Nov-2020 RIGHTS_ISSUE Rights Issue 6.0000 : 1.0000
20-Oct-2020 03-Nov-2020 CONSOLIDATION Share Consolidation 1.0000 : 10.0000
Will stockraider try his luck in Mlab or will Next subscribe Mlab RI and apply for excess like stockraider

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-30 21:34 | Report Abuse

Stockraider maybe jus talk only ask you to buy, he no buy, he jus want see you all lose money, than he feel happy. Sick mind

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-30 21:42 | Report Abuse

Im a psychology expert, i can read your mind from your words and what you talk. No secret for me.

Ppmaster

4,431 posts

Posted by Ppmaster > 2020-10-30 21:45 | Report Abuse

Many people is not only lie people but they lie themself. Sick mind

Shootup

3,248 posts

Posted by Shootup > 2020-10-31 02:05 | Report Abuse

At d beginning raider oso believe Calvin, but probably found out being cheated, now seeking his vengeance on others. Sick minded

Ppmaster Stockraider maybe jus talk only ask you to buy, he no buy, he jus want see you all lose money, than he feel happy. Sick mind
30/10/2020 9:34 PM

Shootup

3,248 posts

Posted by Shootup > 2020-10-31 02:06 | Report Abuse

Expected Monday 10

Then Tue 9.5sen., raider can only sell for his rs then, kikiki

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-31 08:40 | Report Abuse

Cash rich.

NETX HOLDINGS BERHAD (Registration No. 200001030834 (533441-W))
(Incorporated in Malaysia)
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR YEAR TO DATE ENDED 31 AUGUST 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Profit / (Loss) before taxation Adjustment for:
Depreciation of property, plant and equipment Amortisation of intangible assets Amortisation of deferred income
Share-based payment expenses accrued Property, plant and equipment written off Loss on fair value revaluation on investment Unrealised foreign exchange (gain)/loss Interest expense
Interest income
Operating (loss)/profit before working capital changes
Decrease / (Increase) in current assets Increase / (Decrease) in current liabilities Advance receipts for deferred income
Cash Used in Operations
Tax Refund / (Paid) Interest received Interest paid
Net Cash Used in Operations
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment
Acquisition of intangible assets
Net Cash From/(Used in) Investing Activities
CASH FLOW FROM FINANCING ACTIVITIES
Proceed from issuance of shares
Repayment of term loans
Net Cash Used in Financing Activities
NET CHANGE IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS BROUGHT FORWARD EFFECT ON FOREIGN CURRENCY TRANSLATION
CASH AND CASH EQUIVALENTS CARRIED FORWARD
Cash and cash equivalents at end of year consist of :-
Cash and bank balances
(2,214)
1,013 924
(170) 1,677 1 33
(327) 90
(1,181)
(140) (8,102)
920
111 (7,211) (3)
1,181 (90) (6,123)
(99) (2,221) (2,320)
19,521 (111)
19,410 10,967 35,229
66 46,262
46,262
CURRENT YEAR TO DATE 31/08/2020 RM'000
PRECEDING YEAR TO DATE 31/08/2019
**
N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A
N/A N/A N/A
N/A
N/A N/A N/A
N/A
** There are no comparative figures disclosed for the preceding year following the change in the financial year end from 30 June to 30 November
The unaudited Condensed Consolidated Statement of Cash Flow should be read in conjunction with the audited financial statements for the financial period ended 30 November 2019 and the accompanying explanatory notes attached to the interim financial statements.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-31 08:41 | Report Abuse

Cash n cash equivalents rm46mil++ as at 31.8.2020

Mikecyc

47,002 posts

Posted by Mikecyc > 2020-10-31 10:25 |

Post removed.Why?

Mikecyc

47,002 posts

Posted by Mikecyc > 2020-10-31 10:26 | Report Abuse

Why you 2 blowing so good of Pasukgb but price is keep diving ...

stockraider

31,556 posts

Posted by stockraider > 2020-10-31 11:08 | Report Abuse

These sohai naysayers like 3iii, mike, scenery, shoot & sslee too short term focus always look at the share price fluctuation loh...!!

By right they should focus on the true value of netx with net cash at 15 sen much higher than the share price 12 sen loh...!!

They should think long term on netx loh..!!


Posted by stockraider > Oct 28, 2020 5:29 PM | Report Abuse X

correctloh...!!

Netx has gone thru development stage already spend Rm 200m loh...!!

The netx stage of commercialization more exciting towards making monies loh...!!

With cash hoard over Rm 126m....Netx has financial muscle loh...!!

U need to allow time for it to bear fruits loh..!

Posted by Good123 > Oct 28, 2020 5:26 PM | Report Abuse

Think long term

“The big money is not in the buying and selling, but the waiting” - Charlie Munger

Finally, patience. If you’ve been you’ll know that we’re long-term investors at heart.

As humans we generally have a tendency for activity, we always want to be doing something. In financial markets, that can take the form of buying and selling frequently.

However, if we buy and sell, we unnecessarily interrupt the 8th wonder of the world from working its magic: compound interest.

To illustrate, if you start with $1 and it increases by 1% each day and is compounded daily for a year, it grows to $37. That’s a 37 fold increase.

After 5 years, that initial dollar becomes $77,002,912.

So long term investing is where the big money is made.

stockraider

31,556 posts

Posted by stockraider > 2020-10-31 11:08 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-10-31 11:10 | Report Abuse

U better check loh...!!

Who is telling lies loh ?

U will be doing us a big favor if u try to be a bit honest by not shouting when your counters are overvalue loh..!

Multi beggers ? The last 2 years how it fair leh ??

This sohai 3iii talk about margin of safety when dlady Rm 66.00, Padini Rm 6.00 , Petdag Rm 32.00 and Pbank Rm 24.00... U check out what is the price now leh ??

Where is the margin of safety this sohai 3iii talking about leh ?

U have been shouting this type of stocks when it is overvalue & when price very high loh...!! NO MARGIN OF SAFETY MAH!

Not General Raider shouting Undervalue when price very low mah...!!
This margin of safety loh...!!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 25, 2020 7:12 AM | Report Abuse

ćonman calvin sold 10 houses to invest into Netx a year ago. conman calvin told everyone here he is among the Top 30 shareholders in Netx.

Poor conman calvin. conman calvin due to his pride and greed is unable to admit to i3 forum that he has lost big time in Netx. This is not for others to glóat on his bad speculating but for all here to learn from conman calvin's mistakes. Better to learn from the mistakes of others as these will be less painful and still as educational.

conman calvin's ball carrier is also swimming naked too. Don't bother with dishonest raider. Dishonest raider has been lying for as long as I have first encountered him on line. :-)


Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 27, 2020 4:01 PM | Report Abuse

dishonest raider is spotted swimming naked in a longkang in Klang.

stockraider

31,556 posts

Posted by stockraider > 2020-10-31 11:10 | Report Abuse

Correct loh...!!

Technology is our future mah....!!

Must have some exposure in netx mah...!!

Like Raider...u get it when very cheap loh...!!

Do not missed mah...!!

Posted by Good123 > Oct 27, 2020 4:48 PM | Report Abuse

During the Chairman’s keynote address at the FPAM Annual Signature Financial Planning Symposium
earlier today, it’s been announced that that the SC would be expanding the scope of specific advice that
financial planners can provide to include listed securities as well as listed and OTC bonds. This new
policy development is in line with the strategic thrusts of the Joint Action Plan.
With this expansion, FPs would be able to provide specific recommendations to clients on the above
products. And, it is envisaged that planners can play a central role in encouraging informed participation in
the stocks and bonds market.
To ensure that the FPs meet the regulatory obligations of the license, all provision of advice/specific advice
on listed securities and listed/OTC bonds must to be made pursuant to the financial plan, whether holistic
or modular in nature, that is developed for the client. It is envisaged reliance must also be made to
published research reports by research houses and/or subscription to reputable research and investment
analysis platform.
Further, as mentioned in the announcement, this would be subject to FPs meeting relevant competency
requirements. For listed securities, FPs would have to pass Module 7 of the SC Licensing
Examination whereas for OTC bonds, it would be the Investor Protection Professional Certification
(IPPC) (a certification jointly awarded by AICB with ACI – Financial Markets Association of Malaysia
(FMAM).
Further details would be provided in a revised technical note that would be issued later this
month. Clarification would also be made in the scope of financial planner’s advice as it relates to providing
investment planning that is diversified in various asset classes, which is then connected to a Fund Manager.
Best regards
Linnet Lee, CFP CERT TM, IFP®
Chief Executive Officer
Financial Planning Association of Malaysia

stockraider

31,556 posts

Posted by stockraider > 2020-10-31 11:12 | Report Abuse

If u get something very cheap enough with margin of safety u r never afraid mah...!!

Beware of this sohai dishonest 3iii loh...!!

He always ask u to chase expensive & overvalue loh...!!

Warren Buffett looks at three character traits in people who surround him: integrity, energy and intelligence. He says, if you don't have the first, the last two will kill you. In fact, if they don't have integrity, he would rather his managers be lazy and dumb.

"Integrity is like oxygen. If you don't have it, nothing else matters."

"Be honest. Never lie under any circumstances. Just basically lay it out as you see it. Simply speak openly and frankly."

Integrity is also about principles, full disclosure and openness.

Integrity is a choice, and the lack of it most often leads to self destruction.

The above lead Raider think of sohai dishonest 3iii of double standard below loh..!!

Posted by stockraider > Oct 27, 2020 1:19 PM | Report Abuse X

This sohai 3iii really talk like sohai loh...!!

What about Dlady fallen from Rm 66 to Rm 37 leh ??
What about Padini From Rm 6.00 to Rm 2.00 leh ??
What about Petdag from Rm 32.00 to Rm 17.50 leh ??

This what invest all about value & margin of safety loh...!!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 28, 2020 9:54 AM | Report Abuse

>>>>>

Sslee Haha stockraider has a lucky escape with Insas-WB but his luck run out with Netx and Netx RI.
28/10/2020 8:29 AM

>>>>>>>

The last time we saw dishonest raider stuck in longkang in Klang without his underwear. Has someone helped him to escape? Don't be killed. Survive to live another day.


Posted by stockraider > Oct 29, 2020 9:24 AM | Report Abuse X

Employed contraian investment strategy loh...!!

Netx price down just pick more loh....!!

Do not be afraid & do not be sohai loh...!!

Netx will win eventually loh....!!

Posted by scenery > Oct 28, 2020 12:02 PM | Report Abuse

no matter what you posts, the market tells you that people has lost faith with Netx due to their milking public money image, it just wasting your time to post.. hahahaha


Posted by stockraider > Oct 29, 2020 9:25 AM | Report Abuse X

HARTA ?

What happen leh ??

Superb result but share price collapse leh ??

Market already price in good news loh....!!

Going forward share selling pressure coming loh...!!
Beware of this sohai dishonest 3iii loh...!!

He always ask u to chase expensive & overvalue loh...!!

Warren Buffett looks at three character traits in people who surround him: integrity, energy and intelligence. He says, if you don't have the first, the last two will kill you. In fact, if they don't have integrity, he would rather his managers be lazy and dumb.

"Integrity is like oxygen. If you don't have it, nothing else matters."

"Be honest. Never lie under any circumstances. Just basically lay it out as you see it. Simply speak openly and frankly."

Integrity is also about principles, full disclosure and openness.

Integrity is a choice, and the lack of it most often leads to self destruction.

The above lead Raider think of sohai dishonest 3iii of double standard below loh..!!

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