Good show. FINTEC GLOBAL is trying to show they collected at high price up to 17 and hoping to attract more traders to come in. But FINTEC might have collected much earlier than this round, at much lower price than 10sen or less.
Low volume indicating right hand to left hand transactions by goreng pisang operator. Not many retailers are in the game except calvin shootup and geng.
Trade wisely, don't be deceived and trapped at high price.
@Shootup, good. You defend your 'Goal post' at NETX and I defend mine at Focus D. I have nothing against @whistlebower and @Gtrade, they can write whatever they want. I will give them the benefit of doubt without solid prove..Happy trading
Bursa sentiment still sluggish due to political issues. Don't see good reason beside a more bullish Bursa, for loss making penny stocks to be bullish unless they can show continuous & consistent quarterly profits.
Since Asiabio/Fintec just started accumulating there might still be upside as Fintec still got over Rm100 Million cash hoard. So it is not left hand to right hand but Netx shares now being taken up
As for past losses they were investments just like Grab has to invest lots of money & even needed Funding from Temasek & later Soft Bank from Japan
TOP 10 INVESTORS (AS OF LATEST FILING) INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE First United Technology Ltd. 2.85 34.46 21.14 0.68 16-Dec-2020 Other Substantial/Declarable Asiabio Capital Sdn. Bhd. 0.62 7.51 0.00 0.15 08-Dec-2020 Other Substantial/Declarable Soo (Oon Lam) 0.10 1.21 1.21 0.09 29-Sep-2020 Other Substantial/Declarable Quek (Yong Wah) 0.10 1.18 1.18 0.09 29-Sep-2020 Other Substantial/Declarable Ong (Jie Seak) 0.10 1.17 1.17 0.08 29-Sep-2020 Other Substantial/Declarable Ang (Sing Foong) 0.07 0.85 0.85 0.06 29-Sep-2020 Other Substantial/Declarable Ong (Tee Kein) 0.07 0.84 0.74 0.02 08-Dec-2020 Malaysia Insider Woo (Shi Fang) 0.07 0.85 0.63 0.06 29-Sep-2020 Other Substantial/Declarable Lian (Fong Chee) 0.07 0.90 0.90 0.07 29-Sep-2020 Other Substantial/Declarable Ong (Eng Taik) 0.07 0.80 0.80 0.06 29-Sep-2020 Other Substantial/Declarable
Traders/pelabur Akan memindahkan keuntungan dari syer netx ke mlabs dibawah pengarah tan yang sama bagi netx dan mlabs. Netx juga pemegang syer mlabs terbesar Kini melalui subsidiarinya.
Particulars of substantial Securities Holder Name FINTEC GLOBAL LIMITED
10 Sep 2021 19,666,700 Acquired Direct Interest
Acquisition of shares from open market Nature of interest Direct Interest Direct (units) 72,820,500 Direct (%) 8.71 Total no of securities after change 72,820,500 Date of notice 13 Sep 2021
Penny stocks big brother keep selling and buying to increase stake.
Name FINTEC GLOBAL LIMITED
1 13 Sep 2021 6,571,700. Acquired Direct Interest
Acquisition of shares from open market Direct (units) 79,392,200 Direct (%) 9.5 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Total no of securities after change 79,392,200 Date of notice 14 Sep 2021
Teka siapa yang untung banyak? Harga naik dari 7 sen pada Aug 25 ke 14.5 sen pada Sept 8 tapi Fintec beli dari Sept 9 bila harga 14.5 sen - 17 sen pada Sept 13.
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) MLABS SYSTEMS BERHAD Particulars of Substantial Securities Holder
Name NETX HOLDINGS BERHAD Address 22-09, Menara 1MK No. 1 Jalan Kiara, Mont Kiara Kuala Lumpur 50480 Wilayah Persekutuan Malaysia. Company No. 200001030834 (533441-W) Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name of registered holder FIRST UNITED TECHNOLOGY LTD Address of registered holder 17th Floor of The L. Place, No.139 Queens Road Central, Hong Kong Date interest acquired & no of securities acquired
Date interest acquired 15 Sep 2021 No of securities 80,000,000 Circumstances by reason of which Securities Holder has interest Acquired of shares by First United Technology Ltd from open market Nature of interest Deemed Interest
Total no of securities after change
Direct (units) 0 Direct (%) 0 Indirect/deemed interest (units) 104,460,450 Indirect/deemed interest (%) 7.21 Date of notice 17 Sep 2021 Date notice received by Listed Issuer 17 Sep 2021
Baru bermula , perlumbaan untuk menguasai mlabs :)
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) MLABS SYSTEMS BERHAD Particulars of Substantial Securities Holder
Name NETX HOLDINGS BERHAD Address 22-09, Menara 1MK No. 1 Jalan Kiara, Mont Kiara Kuala Lumpur 50480 Wilayah Persekutuan Malaysia. Company No. 200001030834 (533441-W) Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name of registered holder FIRST UNITED TECHNOLOGY LTD Address of registered holder 17th Floor of The L. Place, No.139 Queens Road Central, Hong Kong Date interest acquired & no of securities acquired
Date interest acquired 15 Sep 2021 No of securities 80,000,000 Circumstances by reason of which Securities Holder has interest Acquired of shares by First United Technology Ltd from open market Nature of interest Deemed Interest
Total no of securities after change
Direct (units) 0 Direct (%) 0 Indirect/deemed interest (units) 104,460,450 Indirect/deemed interest (%) 7.21 Date of notice 17 Sep 2021 Date notice received by Listed Issuer 17 Sep 2021
Baru bermula , perlumbaan netx untuk menguasai mlabs :)
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) MLABS SYSTEMS BERHAD Particulars of Substantial Securities Holder
Name NETX HOLDINGS BERHAD Address 22-09, Menara 1MK No. 1 Jalan Kiara, Mont Kiara Kuala Lumpur 50480 Wilayah Persekutuan Malaysia. Company No. 200001030834 (533441-W) Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name of registered holder FIRST UNITED TECHNOLOGY LTD Address of registered holder 17th Floor of The L. Place, No.139 Queens Road Central, Hong Kong Date interest acquired & no of securities acquired
Date interest acquired 15 Sep 2021 No of securities 80,000,000 Circumstances by reason of which Securities Holder has interest Acquired of shares by First United Technology Ltd from open market Nature of interest Deemed Interest
Total no of securities after change
Direct (units) 0 Direct (%) 0 Indirect/deemed interest (units) 104,460,450 Indirect/deemed interest (%) 7.21 Date of notice 17 Sep 2021 Date notice received by Listed Issuer 17 Sep 2021
0085 MLAB MLABS SYSTEMS BHD Notice of Interest Sub. S-hldr (Section 137 of CA 2016) Particulars of Shareholder Name : FIRST UNITED TECHNOLOGY LTD NRIC/Passport No./Company No. : 2356056 Nationality/Country of Incorporation : Hong Kong Address: 17th Floor of The L. Place No.139 Queens Road Central Hong Kong Descriptions (Class and Nominal Value): Ordinary Shares Name and Address of Registered Holder: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Details of Changes Date of Notice : 17/09/2021 Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 15/09/2021 Acquired 80,000,000 0.000 Circumstances by reason of which change has occurred: Acquired of shares from open market Nature of Interest: Direct Interest Consideration:
No of Shares Held After Changes: Direct : 104,460,450 shares (7.2100%) Indirect/Deemed Interest : 0 shares (0.0000%) Total : 104,460,450 shares Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Fokus kini beralih ke Mlabs. Biasanya, syer syarikat yang dibeli akan meningkat :)
KUALA LUMPUR (Sept 17): NetX Holdings Bhd has emerged as a substantial shareholder in MLabs Systems Bhd after acquiring a 5.52% stake in the loss-making company.
NetX said it acquired the stake, comprising 80 million shares, in the open market through its subsidiary First United Technology Ltd on Sept 15 for RM3.62 million, which averages at 4.5 sen per share.
With the acquisition, First United owns 104.46 million shares or a 7.28% stake in MLabs.
MLabs and NetX have Tan Sik Eek as a common director, NetX’s filing showed. He owns 7.25% in NetX and 0.05% in MLabs.
This comes days after NetX itself saw the emergence of listed company Fintec Global Bhd as a substantial shareholder with 6.36% stake on Sept 10.
Giliran mlabs balik 10-20sen selepas netx balik 10-20sen kini.
Netx mengurangkan jumlah syer mlabs dalam Disember 2020, kini, beli balik dengan lebih banyak. Ini bererti sesuatu yang luar biasa akan terjadi dalam mlabs. sabar ya!
KUALA LUMPUR (Sept 17, 2021): NetX Holdings Bhd has emerged as a substantial shareholder in MLabs Systems Bhd after acquiring a 5.52% stake in the loss-making company.
NetX said it acquired the stake, comprising 80 million shares, in the open market through its subsidiary First United Technology Ltd on Sept 15 for RM3.62 million, which averages at 4.5 sen per share.
With the acquisition, First United owns 104.46 million shares or a 7.28% stake in MLabs.
MLabs and NetX have Tan Sik Eek as a common director, NetX’s filing showed. He owns 7.25% in NetX and 0.05% in MLabs.
This comes days after NetX itself saw the emergence of listed company Fintec Global Bhd as a substantial shareholder with 6.36% stake on Sept 10.
KUALA LUMPUR (Dec 18, 2020): NetX Holdings Bhd has ceased to be a substantial shareholder of MLabs Systems Bhd after disposing of 30 million shares in the latter.
NetX said following the disposal, its shareholding in MLabs is reduced to 3.91% from 7.32% previously.
The disposal of the shares was carried out by its Hong Kong subsidiary, First United Technology Ltd, in the open market on Dec 16, NetX added in a filing with Bursa Malaysia.
The group did not disclose the transaction price, but based on MLabs’s closing price of eight sen on Dec 16, the block of shares is valued at RM2.4 million.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
50,388 posts
Posted by calvintaneng > 2021-09-10 23:19 | Report Abuse
Netx's Gemspot is a Grab in miniature
See Grab Story
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-10-story-h1571471308-Grab_company_From_Wikipedia_with_Comments_highlighted_in_yellow_by_Calv.jsp