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

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:17 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:18 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:19 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-11-04 10:21 | Report Abuse

Ahfah make alot of monies on hengyuan when she listen to General Raider lari kuat kuat hengyuan at Rm 13.00 loh...!!

Did u guide ahmoi to lari kuat kuat or not leh ?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Nov 4, 2020 10:08 AM | Report Abuse

dishonest raider

Hengyuan PE 3 very cheap!

Posted by stockraider > Nov 4, 2020 9:28 AM | Report Abuse X

Correctloh...this refer to dishonest sohai 3iii loh!

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

For example the bunch of bluechips stock 3iii was talking about loh..!!
If u look at Ahmoi the fansi & admirer of sohai 3iii & in which she following closely sohai 3iii bluechips every portfolio, she would lose at least easily 50% of her capital mah.!

Why did sohai 3iii not shouted do not buy when these stocks is overvalued leh to save his followers like the pity ahmoi that admired him so much leh ?

Shouting overvalue when it is overvalue is what a prudent investor like Raider will do mah!

Raider say This what investment all about value & margin of safety loh...!!

It all boil down to sohai 3iii dishonesty mah....!!

Refer below is sohai 3iii portfolio loh..!!
What about Dlady fallen from Rm 66 to Rm 34.20 leh ??
What about Padini From Rm 6.00 to Rm 2.03 leh ??
What about Petdag from Rm 32.00 to Rm 17.50 leh ??

Posted by BuahCiku > Nov 3, 2020 10:47 PM | Report Abuse

Aiyo..all also same same..only panlai kutuk penny stock..how about blue chips...many also masuk longkang like penny stock selling at discounted price wo...why not kutuk those blue chip leh..iy

only know kutuk Netx...why bully Netx shareholders only...why double standard leh....lol...aiyoyo..kikiki

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:21 |

Post removed.Why?

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-04 10:25 | Report Abuse

~10mil shares traded. Wow mother at 10.5sen & warrant at 4.5sen Dah habis stok

stockraider

31,556 posts

Posted by stockraider > 2020-11-04 10:28 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-11-04 10:29 | Report Abuse

CORRECTLOH...NETX HAS NET CASH OF RM 126M TO RM 131M BUT ITS MKT CAP ONLY RM 86M MAH...!!

IF SHARE PRICE MOVE BACK UP TO 16 SEN....THAT IS JUST RERATE BACK NETX TO ITS FAIR VALUE OF AROUND RM 131M MAH...!!

THUS IT IS HIGHLY POSSIBLE THAT 16 SEN IS THE CURRENT SHORT TERM TP MAH....!!

Posted by Victor Yong > Nov 3, 2020 8:51 PM | Report Abuse

Back to 16sen for initial stage hopefully.

Date Close
02/11/2020 0.10
30/10/2020 0.105
28/10/2020 0.12
27/10/2020 0.12
26/10/2020 0.115
23/10/2020 0.12
22/10/2020 0.13
21/10/2020 0.13
20/10/2020 0.14
19/10/2020 0.14
16/10/2020 0.14
15/10/2020 0.15
14/10/2020 0.15
13/10/2020 0.16
12/10/2020 0.155
09/10/2020 0.16
08/10/2020 0.145
07/10/2020 0.145
06/10/2020 0.145

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:31 |

Post removed.Why?

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:32 | Report Abuse

11sen habis Stok juga

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:32 | Report Abuse

uptrend

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:36 | Report Abuse

~22mil mother shares traded so early touched 11.5sen

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:37 | Report Abuse

warrant traded 7mil units to breakthrough 5sen soon

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:38 | Report Abuse

warrant touched 5sen, going to break it

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:39 | Report Abuse

good news to be announced or another new substantial Shareholder to emerge, buying directly from the open market

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:43 | Report Abuse

netx mother share back to 20sen warrant 10sen happy ending soon hahaha

BabyAce

1,833 posts

Posted by BabyAce > 2020-11-04 10:46 | Report Abuse

aiyoooo NETX moving jor kns

Good123

26,681 posts

Posted by Good123 > 2020-11-04 10:56 | Report Abuse

mother share 15-20sen, warrant 7.5-10sen, consult your fund manager

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:56 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 10:57 | Report Abuse

# 3 Directors are holding 127,020,000 WC , 40.57 % ...

Better dont buy .. just lure to buy to dispose....

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:01 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:03 |

Post removed.Why?

Good123

26,681 posts

Posted by Good123 > 2020-11-04 11:05 | Report Abuse

daily up 1-2sen for mother share probably till 20sen ? :)

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:07 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:09 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:11 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:12 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:17 |

Post removed.Why?

Good123

26,681 posts

Posted by Good123 > 2020-11-04 11:20 | Report Abuse

just the beginning this morning, more fun is otw :)

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:21 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:21 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 11:23 | Report Abuse

Agreed...

Good123

26,681 posts

Posted by Good123 > 2020-11-04 11:26 | Report Abuse

mother share 11.5sen, warrant 5sen. too early uptrend Dah

Good123

26,681 posts

Posted by Good123 > 2020-11-04 11:43 | Report Abuse

PBOC Peoples Bank China

BEIJING: China’s central bank and regulators issued draft rules on Monday to boost the oversight of online micro-lending as it tries to rein in rising debt levels in the coronavirus-hit economy.

The draft rules from the People’s Bank of China (PBoC) and the China Banking and Insurance Regulatory Commission (CBIRC) seek to increase the bar for micro-lenders to be able to provide online loans directly to consumers or jointly with banks, while limiting the amount they can lend.

Regulators are sharpening their focus on banks that heavily use micro-lenders or third-party technology platforms like Ant Group to underwrite consumer loans, amid fears of rising defaults and deteriorating asset quality.

Chinese banks’ consumer loans sourced via tech firms reached 1.43 trillion yuan (US$213.71bil) as of end-June, according to the PBoC.

The draft, which is open for public feedback until Dec. 2, set a new requirement for small online lenders to provide at least 30% of any loan they fund jointly with banks.

They also set a five billion yuan registered capital threshold for micro-lenders that offer loans online across different regions.

The current threshold varies between provinces but is well below one billion yuan.

Micro-lenders which source borrower data from ecommerce platforms to assess their credit will be required to share the credit information with the central bank, according to the draft rules.

Analysts expected banks to turn more cautious about providing joint loans with fintech lenders to consumers as a result.

Guo Wuping, head of the consumer protection division at CBIRC said in a commentary on Monday that the rights of users of Ant-owned consumer loan companies Huabei and Jiebei deserve close scrutiny.

Guo said such fintech loan companies effectively perform the functions of banks and should adopt similar risk controls.

Licenses for eligible lenders will be renewed every three years, according to the draft rules, which said regulators will in principle not approve new micro-lenders that lend online across regions. Lenders will have 12 months to comply with the new rules once it becomes official. — Reuters

Good123

26,681 posts

Posted by Good123 > 2020-11-04 11:48 | Report Abuse

Investors are generous only in putting their money in thematic funds that invest in specific sectors, typically the technology sector, he says.

“We have seen a fair bit of traction in thematic funds on the equity side, in particular technology. From a valuation standpoint, tech stocks are not cheap. But these will continue to gain traction in the many years to come. We have no doubt about it,” says Teng.

“Very soon, the world will be talking more about e-commerce, cloud computing, autonomous driving and other technologies. Companies involved in these areas can grow despite the ongoing pandemic. And they are expected to grow their business at 20% to 40% a year over the next three to four years.

Good123

26,681 posts

Posted by Good123 > 2020-11-04 11:48 | Report Abuse

investors are looking to put their money in companies involved in the technology sector, as they believe the pandemic is accelerating the pace of technology adoption globally.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-11-04 11:56 | Report Abuse

Yahooooo!!!! Hahaha!!!

Posted by TheCatalyst > 2020-11-04 12:18 | Report Abuse

Netx's investors are on the way to blue sky now.

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 12:24 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 12:26 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 12:27 |

Post removed.Why?

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 12:28 | Report Abuse

Full RI funds planned utilization :

1.) Of the total proceeds, RM25 million will be used for marketing purposes for its lifestyle mobile applications GemSpot and GemSpot Lite, ..Just a toy without clear direction ..

within 36 months...

2.) RM5 million for development of food and beverage e-commerce platform :
Lacking behind of Grabfood , Foodpanda, Bungkusit, Hometaste, dahmakan , Dietmonsta, Squeeze Me Baby, Petchef , The Naked Lunchbox , Epic Fit Meals.co , Savor of life ....

within 18 months ...

3.) RM8 million for development and integration of a business intelligence and data analytics system : very lacking behind of Maxisbusiness...

within 36 months ...

4.) Another RM 25 million will be utilised for the acquisition of investments in other complementary businesses: Shares investment ??? MPEX ???

within 36 months...


5.) RM 17.934 million for its working capital .

within 24 months ...

6.) RM900,000 expenses for the corporate exercise.

Immediate ....

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-04 12:33 | Report Abuse

Hitting limit up after lunch break probably :) wait n see

Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 12:37 |

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Mikecyc

46,996 posts

Posted by Mikecyc > 2020-11-04 12:50 |

Post removed.Why?

Good123

26,681 posts

Posted by Good123 > 2020-11-04 12:59 | Report Abuse

Mikecyc, u better grab some, better late than never. thank you for your efforts. to promote netx for so long :)

Good123

26,681 posts

Posted by Good123 > 2020-11-04 13:00 | Report Abuse

mikecyc , don't regret missing the boat for the rest of your life :)

Sslee

6,906 posts

Posted by Sslee > 2020-11-04 13:03 | Report Abuse

Haha stockraider tak lagi rugi satu buah Myvi

Good123

26,681 posts

Posted by Good123 > 2020-11-04 13:05 | Report Abuse

Bursa Malaysia Berhad ("Bursa Malaysia") together with Shenzhen Stock Exchange ("SZSE") and Stock Exchange of Thailand, hosted the "ASEAN Capital Market Cooperation Seminar (Manufacturing Session)" on 30 October 2020 with the objective of creating awareness of joint market promotions, information sharing, business development and investment opportunities. Speakers of this virtual seminar comprised leading manufacturing companies and industry experts from the three respective exchanges, targeting Chinese and ASEAN investors and corporations.

The event also saw the launch of the V-Next Overseas Listed Companies Information page on the V-Next Platform of SZSE. V-Next is a financial service platform that performs cross-border matching of Chinese investors to innovative and high-tech companies globally. The new page will help enhance the visibility and profile of Malaysian public listed companies to China's institutional investors.

The three companies that participated in the virtual seminar were Top Glove Corporation Berhad, Beibu Gulf Port and Siam Cement PCL. The panellists at the webinar included Mr Sivasuriyamoorthy Sundara Raja, Executive Director of the Malaysian Investment Development Authority (MIDA); Mr Haiyan Guo, Managing Director of China International Capital Corporation Limited; Mr Kasem Prunratanamala, Head of Research CGS-CIMB Securities (Thailand) Co. Ltd; and Mr Khor Bo Yang, Assistant Vice President, CGS-CIMB Securities (SG).

Speaking at the event, Mr Azhar Mohd Zabidi, Director, Securities Market of Bursa Malaysia said, "China remains the largest source of foreign direct investment (FDI) in the manufacturing sector, recording a total of RM40.3 billion which has created over 40,000 jobs between 2016 and 2019. We hope today's session will inspire and enlighten participants on the abundant opportunities available in Malaysia and ensuring the continuation of this trend to further substantiate Malaysia's value proposition as a global manufacturing and supply chain hub."

Mr. Huiqi Pei, Deputy Director, International Department, Shenzhen Stock Exchange said, "Bursa Malaysia and The Stock Exchange of Thailand are old friends of Shenzhen Stock Exchange. All parties have actively engaged and learned from each other, carried out various initiatives and have achieved positive results. Today, this fruitful session held by the three parties demonstrates another successful and innovative event. We believe these cross-border collaborations will continue to provide in-depth exchange of ideas and thought leadership for the benefit of the three exchanges."

Bursa Malaysia and SZSE will continue to strengthen collaborative efforts by promoting the flow of investment between the two countries, which includes joint promotion of index constituents to enhance the visibility and profile of the Chinese and Malaysian market.

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