NETX HOLDINGS BHD

KLSE (MYR): NETX (0020)

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Last Price

0.105

Today's Change

0.00 (0.00%)

Day's Change

0.105 - 0.105

Trading Volume

29,500


34 people like this.

66,721 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 3 weeks ago

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-08-29 13:16 | Report Abuse

Registered Name TAN SIK EEK
Nature of Interest Direct Interest
Consideration RM0.14083
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Disposed of shares via open market transaction
Consideration -
Total no of securities after change
Direct (units) 60,500,000
Direct (%) 7.24
Indirect (units) 0
Indirect (%) 0.00
Total (units) 60,500,000
Total (%) 7.24
Date of Notice 10-Nov-2020


Conman or no conman wait & see

IF REALLY SO BAD DIRECTOR TAN SIK EEK WOULD HAVE SOLD ALL HIS REMAINING 60.5 MILLIONS NETX SHARES

THE VERY FACT THAT HE STILL HOLDS 7.24% NETX SHARES SHOW HE IS ALSO EXPOSING HIMSELF TO DANGER IF PRICE SHOULD GO LOWER

stockraider

31,556 posts

Posted by stockraider > 2021-08-29 13:33 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
NETX HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director
Name MR YONG KET INN
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
21/04/2021
11,217,300
Disposed
Direct Interest
Name of registered holder YONG KET INN
Description of "Others" Type of Transaction
Consideration (if any) RM0.105

Circumstances by reason of which change has occurred Disposed of shares via open market transaction
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 0
Direct (%) 0.000
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 22/04/2021
Date notice received by Listed Issuer 22/04/2021


Remarks :
1. The total percentage of shares disposed by Mr Yong Ket Inn was 1.34% of the total issued shares capital of the Company.
2. This announcement serves as a notification pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

stockraider

31,556 posts

Posted by stockraider > 2021-08-29 13:34 |

Post removed.Why?

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-08-29 13:35 | Report Abuse

Ok. See how. I still dumb dumb hold

stockraider

31,556 posts

Posted by stockraider > 2021-08-29 13:35 | Report Abuse

Notice of Person Ceasing (Section 139 of CA 2016)
NETX HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MISS CHARISSA LIM ZHU AI
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder M & A NOMINEE (TEMPATAN) SDN BHD FOR SANSTON FINANCIAL GROUP LIMITED FOR CHARISSA LIM ZHU AI
Date of cessation 05 Nov 2020
No of securities disposed 68,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder Disposed of shares
Nature of interest Direct Interest

Date of notice 15 Feb 2021
Date notice received by Listed Issuer 16 Feb 2021


Announcement Info
Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 16 Feb 2021
Category Notice of Person Ceasing To Be Substantial Shareholder Pursuant to Section 139 of CA 2016
Reference Number CS3-16022021-00001

stockraider

31,556 posts

Posted by stockraider > 2021-08-29 13:36 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-08-29 13:41 | Report Abuse

After Directors dumping their ESOS at already low price, the ESOS then re-offer at even lower price mah!

OTHERS NETX HOLDINGS BERHAD ("NETX" OR "THE COMPANY") - OFFER OF OPTIONS UNDER SHARE ISSUANCE SCHEME ("SIS")
NETX HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description NETX HOLDINGS BERHAD ("NETX" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER SHARE ISSUANCE SCHEME ("SIS")
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, NETX wishes to announce that it has offered options to eligible employees under its SIS, the details of which are as follows:-


(a) Date of offer: 4 May 2021


(b) Exercise price of options offered: RM0.1025 each


(c) Number of options offered: 188,300,000


(d) Market price of NETX’s shares on the date of the offer: RM0.10


(e) Number of options offered to Directors of NETX: Nil


(f) Vesting period of options offered: Not applicable


This announcement is dated 4 May 2021.

tomm77

54 posts

Posted by tomm77 > 2021-08-29 14:20 | Report Abuse

Let's just wait the show tomorrow onwards. This is indeed a risky counter. But lots of sell volumes has been absorbed at 0.7-0.10. So invest what you can afford to lose. But in the short run, there is some upside from the trending.

tomm77

54 posts

Posted by tomm77 > 2021-08-29 14:22 | Report Abuse

Or if you want to jump on a safer bandwagon. Can leverage on the bull run in the palm oil stocks. That has strong fundamentals and positive trending.

fl888

7,535 posts

Posted by fl888 > 2021-08-29 19:39 | Report Abuse

Where got risks, when Netx easily RM100 million in cash and Credit Suiise still holds about 6.28%’, Mr.Tan 7.2% and ESOS issued at 0.135 and 0.105 recently…and rumoured to be one of the big 5 contenders for the RM50.3 billion NFCP initiatives…having long experience of a digital infrastructure installation specialist with Telekom..looking and hopefully a blooming and recycled stock in the making…

fl888

7,535 posts

Posted by fl888 > 2021-08-29 20:43 | Report Abuse

On 28-08-2020, Netx was traded between 28cts to 38cts…and ended 28cts on that day..if can rise on Monday…will be nice!!!

Shootup

3,247 posts

Posted by Shootup > 2021-08-30 08:38 | Report Abuse

wait and see, once cross 11sen, jus buy... and then see...

Shootup

3,247 posts

Posted by Shootup > 2021-08-30 09:07 | Report Abuse

Ok, get it done at 12sen bought, win or lose sell on oct2021

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-08-30 09:12 | Report Abuse

Warm welcome to Shootup

Calvin hope you make money in Netx

At long last Netx has found its strength

Shootup

3,247 posts

Posted by Shootup > 2021-08-30 09:19 | Report Abuse

Calvin so kind and generous...?
U shocked me
But thanks

tomm77

54 posts

Posted by tomm77 > 2021-08-30 09:25 | Report Abuse

Looks like it will settle at higher than 0.12 today. But keep close monitoring

Posted by whistlebower99 > 2021-08-30 09:28 |

Post removed.Why?

Posted by nasrulfahmi > 2021-08-30 09:33 | Report Abuse

bery good today

fl888

7,535 posts

Posted by fl888 > 2021-08-30 09:37 | Report Abuse

Forget the Past and look for the future for today …

Posted by whistlebower99 > 2021-08-30 09:42 | Report Abuse

QR is out today, positive or still negative ?

Look for better future but remember the past

fl888

7,535 posts

Posted by fl888 > 2021-08-30 15:06 | Report Abuse

Sell now as look scam again…

Shootup

3,247 posts

Posted by Shootup > 2021-08-30 15:11 | Report Abuse

Sell on oct

tomm77

54 posts

Posted by tomm77 > 2021-08-30 15:20 | Report Abuse

Price is still supported. Just some positions taking profit. Probably will settle at 0.12-0.125 today

Posted by i3Freelance > 2021-08-30 15:41 | Report Abuse

Scam lahhhh.. So strong why no straight push till 20~30 cent. Many still trap with higher than that price.. This most probably wanna trap new player

Posted by birkincollector > 2021-08-30 18:15 | Report Abuse

oh surprising positive results lol

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-08-30 18:17 | Report Abuse

Netx is positive in results !

Net cash and investments alone 12 sen already

3 storey corner shophouse worth another Rm5 mil plus. small loan less than Rm2 mill

Debt free from operation

Invested value in Gemspot cannot be calculated. Gemspot looks like a small Grab business in Malaysia

Over all balance sheet very healthy

Shootup

3,247 posts

Posted by Shootup > 2021-08-30 20:04 | Report Abuse

At least turns profitable now.. nta reported 19sen
Not a bad idea hold it one mth or two

tomm77

54 posts

Posted by tomm77 > 2021-08-31 14:49 | Report Abuse

Back a year ago when Netx announced a postive QR in 23rd July 2020, its price went from 0.19 to 0.29 in one day and up to 0.39 on 10th August 2020.

Posted by whistlebower99 > 2021-08-31 16:41 |

Post removed.Why?

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-09-01 22:37 | Report Abuse

whistlebower99 QR is out.

https://www.klsescreener.com/v2/announcements/view/3417673

4 Profit/(loss) attributable to ordinary equity holders of the parent RM241,000

There is an item "OTHER INCOME RM3,130,000"

Need a accountancy graduate to explain this item. Maybe Mr. MZM can help.

================================
31/08/2021 4:41 PM


This is the Answer:

In July 2020 Netx reported the results of May 31 2020 below


See



For the current quarter ended 31 May 2020, the Group recorded revenue of RM3.15 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 Rm3.15 millions came from project sales of network equipment and infrastructure in Non-Payment
Services Segment and rental of EFTPOS terminal to merchants.


Network equipment refers to Exinda of which Netx is an agent

Most Data Center need Optimizing their NetWork Plus Telekom Malaysia Bhd

See

https://www.youtube.com/watch?v=vUi_cwBAqNk

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-09-01 22:40 | Report Abuse

Reposted Article: NETX (0020) THE DISRUPTIVE TECH COMPANY FOR CHANGING TIMES LIKE NOW, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-01-story-h1570689823-Reposted_Article_NETX_0020_THE_DISRUPTIVE_TECH_COMPANY_FOR_CHANGING_TIM.jsp

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-09-03 18:25 | Report Abuse

Netx is using surplus cash to buy into distressed Assets in Sq Wang Plaza the very prime tourist complex in the very heart of Bkt Bintang -- The Golden Tringle of Kuala Lumpur

A good move

Posted by whistlebower99 > 2021-09-03 22:24 | Report Abuse

NETX will undertake more fund raising exercise by issuing more shares to PP or Rights Issue.
Total Issued Shares will again increase to MULTI-BILLION.

Trade wisely, closely watch the QR and how company fund flows out.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-09-04 15:00 | Report Abuse

This counter maybe monday got some show , only half day show than drop bk below 0.10 or tomorow start will continue fly. See how

stockraider

31,556 posts

Posted by stockraider > 2021-09-04 22:47 | Report Abuse

Don be silly lah...Berkshire never pays a single sen of dividend since 60 years ago...then what is the use of Berkshire earnings growth every year leh ??

Ans : The earnings of Berkshire hathaway retained will increase the NTA of Berkshire hathaway per share every year mah!

This we say growth for berkshire stock mah!

On the otherhand,if u buy Bjcorp for below 30 sen but its NAV is Rm 5.00 to Rm 10.00, u already achieve more than 30 years of equivalent high growth rate in nta per share for your investment in bjcorp stock mah!

Then what the heck u looking & hoping every year to achieve earnings growth like in berkshire....when just within one shot u already achieve equivalent of 30 years of solid growth just within 1 yr by buying into bjcorp leh ??

Pakai otak think loh !

Very logical mah!

Lu tau boh ??

Posted by alenac > Sep 4, 2021 5:45 PM | Report Abuse

"BCorp as Berkshire of Malaysia" is a bad comparison, as BJcorp is many miles behind. Although, BJcorp NTA is super high compare to its share price but still made it not attractive for investors. Does the possible reason lie in the owner's credibility and his history of share manipulations, huge paid-up capital or just lacklustre earnings? Recent news of hiring a new CEO does not promote any prolonged interest but, just a sudden and short run.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-09-05 10:22 | Report Abuse

Sometimes will right, sometimes will wrong.

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-09-06 07:42 | Report Abuse

Very happy morning all

Netx has acquired a distressed Asset at bargain value from Bank Lelong "out of court settlement"

This shows the pro-active dynamism of Netx's BOD (Board of Directors) working to extract value for share holders which is commendable

These are the POSITIVES

1) This Real Estate Purchase is HIGHLY VISIBLE so there is Stewardship accountability every one can check by visiting Physical Shops located in Sg Wang Plaza, Kuala Lumpur, Capital of Malaysia

2) Sq Wang Plaza is located in the Very Heart of KL's GOLDEN TRIANGLE ZONE OF HOT TOURISM IN THE MOST STRATEGIC LOCATION

TO BE ABLE TO BUY HERE IN GOOD TIMES YOU GOT TO PAY A BOMB

3) ONLY IN CRISIS LIKE NOW YOU "SEE" OPPORTUNITY DUE TO COVID 19 LOCK-DOWN & TOURIST CANNOT ENTER MALAYSIA IN GENERAL & BKT BINTANG IN PARTICULAR

CRISIS IS A COMPOUND OF TWO WORDS IN CANTONESE "NGAI KHAY"

NGAI = "DANGER"

KHAY = "OPPORTUNITY"

IN CRISIS THERE IS OPPORTUNITY

THIS WAS WHAT YTL PEOPLE BOUGHT WISMA ATRIA IN ORCHARD ROAD "CHEAP" DURING LAST CRISIS IN SINGAPORE

SO WHEN COVID 19 EVENTUALLY OVER AND TOURISTS ARE ALLOWED TO RETURN SQ WANG PLAZA WILL RETURN TO ITS GLORY DAYS AGAIN

4) THIS PURCHASE NEED NO FURTHER RAISING OF CAPITAL AS NETX HAS RM100 MILLIONS IN CASH

THE CASH OUTLAY IS VERY MINIMAL AT RM300,000 PER MONTH AS AMBANK ALLOWED PAYMENT BY INSTALLMENT INSTEAD OF ONE LUMP -SUM SETTLEMENT

See the contract


By a debt settlement letter dated 19 May 2021, AmBank has agreed for the judgment sum in respect of the Judgment to be settled by way of 19 monthly instalments of RM300,000 commencing from 1 June 2021; and thereafter monthly instalments of RM600,000, from 1 January 2023 until full settlement of the balance owing. Upon completion of the Proposed Acquisitions, NetX shall also provide a written guarantee in favour of AmBank for the payment of the abovementioned debt.


SO CALVIN'S BEST ADVISE IS TO JUST HOLD AS NETX HAS ACQUIRED A GOOD ASSET AT BARGAIN PRICES WITH EASY PAYMENT TERMS

Regards
Calvin

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-09-06 08:11 | Report Abuse

Investing in Real Estate has become a Trend

1) Bill Gates Invested in USA Farmlands

2) Cathy Wood of Ark Invest took position in a China Company dealing in Real Estate

3) Charlie Munger (Partner of Warren Buffet) bought Real Estate in Redlands
See https://klse.i3investor.com/blogs/kianweiaritcles/2021-09-06-story-h1570750524-Why_Charlie_Munger_is_investing_in_Redlands_Redlands_Forum_2020_C_C_M_E.jsp

4) Netx buying Prime Shoplots at distressed prices is a good idea as well

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2021-09-06 09:17 | Report Abuse

>>>>>
SO CALVIN'S BEST ADVISE IS TO JUST HOLD AS NETX HAS ACQUIRED A GOOD ASSET AT BARGAIN PRICES WITH EASY PAYMENT TERMS

Regards
Calvin


>>>>>>





I thought it was the NFCP story that he trumpeted. Now this company is into property! Yes, they paid a silly very small amount to absorb all the liabilities of these assets owed to the bank. Isn't this the same as developers selling you their stock, just sign the S&P, no downnpayment needed. :-)


How intelligent is this snake-oil sales promoté from Singapore? How many houses have he lost in Netx to-date?

Shootup

3,247 posts

Posted by Shootup > 2021-09-06 09:35 | Report Abuse

i think the purchase of this asset could generate some synergy on the existing business netx doing

1. increase netx brand name for owning the renowned golden triangle assets
2. netx can enforce management of assets via its apps, maybe for parking, shop rentals, booking for restaurants in its premises all via apps
3. netx can easily promote ewallet to all retailers, customers in premises it operate

netx deserves a chance to show its ability in doing business.. and we will see...

tomm77

54 posts

Posted by tomm77 > 2021-09-06 09:59 | Report Abuse

Netx is increasing slowly day by day for the past week :)

ncy810116

287 posts

Posted by ncy810116 > 2021-09-06 10:26 | Report Abuse

nice...

stockraider

31,556 posts

Posted by stockraider > 2021-09-06 10:28 |

Post removed.Why?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 10:29 |

Post removed.Why?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 10:29 |

Post removed.Why?

Posted by whistlebower99 > 2021-09-06 10:53 |

Post removed.Why?

Posted by LCH04200420 > 2021-09-06 12:46 | Report Abuse

conman company。。。

calvintaneng

53,299 posts

Posted by calvintaneng > 2021-09-06 13:12 | Report Abuse

Good afternoon all

The best ideas came from Shootup

See

Posted by Shootup > Sep 6, 2021 9:35 AM | Report Abuse

i think the purchase of this asset could generate some synergy on the existing business netx doing

1. increase netx brand name for owning the renowned golden triangle assets
2. netx can enforce management of assets via its apps, maybe for parking, shop rentals, booking for restaurants in its premises all via apps
3. netx can easily promote ewallet to all retailers, customers in premises it operate

netx deserves a chance to show its ability in doing business.. and we will see...


Definitely a Plus as these 6 Shoplots are located in Very Prime Area of Golden Triangle with Very High Footfalls

Now many many shops in Sq Wang & Bukit Bintang will get to "SEE" Netx businesses plus many many people visiting in future

So Netx has strategic Assets with long term appreciating value Plus doing its IT business expansion at the same time

YES SYNERGY!!

Shootup is brilliant to think out of the box!

stockraider

31,556 posts

Posted by stockraider > 2021-09-06 14:37 | Report Abuse

Do not get the whole investment in Sg wang plaza company by Netx totally wrong loh?

The Sg Wang Plaza company..that NETX is buying does not own the whole Sg Wang Plaza and they also do run & manage Sg Wang Plaza loh!

Netx just bought Sg Wang Plaza company that own a few shopping units in Sg wang plaza complex.

Actually most all of Sg Wang Plaza units & the SG complex management were sold to CMMT REITS....a few years back mah!

Thus currently Sg Wang kompleks is run by CMMT reits loh!

Sg Wang plaza companies..kept back a few units..for investment mah!

But SG Wang Plaza co, now run into financial trouble....thus they have to dispose their balance of its shop units loh!

So effectively...Netx buying into Sg Wang Co ....which own a few shopping units....with an undertaking to repay all the overall loan owned by Sg wang Co loh!

Posted by whistlebower99 > 2021-09-06 14:40 |

Post removed.Why?

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