Posted by Mikecyc > 2022-08-18 20:59 | Report Abuse

Haha I had learned from ethical Sifu 3iii posting in Netx on VWAP …

Applied in Bplant : Big VWAP GAP with Price .. has been staggered Up with solid VWAP ..until GAP is 0.03 .. is slide down from 1.22 to 0.74..

Same method is applied in TSH ..

Posted by Mikecyc > 2022-08-18 21:01 | Report Abuse

Haha and recently learn from ethical Sifu 3iii posting in Insas on Entry Timing …

Posted by Investgaogao > 2022-08-19 15:17 | Report Abuse

Kaunter ni X blh pkai la... Buang masa jek

Posted by Shootup > 2022-08-19 17:23 | Report Abuse

mr calvin, i see no reply from u? where had u dissapeared?

Shootup

mr calvin, any updates in this counter, u highly recommended once upon a time, and ur fans have lost over 90% of capital since 3yrs ago

2 months ago

Posted by Shootup > 2022-08-19 17:31 | Report Abuse

mr calvin, recently i take a review on this stock since its price has gone down near record low, but i still cant see what u claimed were true..

u need to come out to face the reality.. how to do with this stock.. hold or sell? still potential or u made mistake

lets provide latest review..

mr calvin pls comment.. can netx survive through next year.. or business good in next year??

mr calvin tan

Posted by Investgaogao > 2022-08-21 15:19 | Report Abuse

Kaunter tipu!!! Buang jek

Posted by Yu_and_Mee > 2022-08-21 16:38 | Report Abuse

now everyone can see Calvin just wealthy person through conning people.
but people being conned also never learnt. what to say?
forget about this counter. even can make money from this counter once but surely will loss more afterward.

Posted by Investgaogao > 2022-08-24 12:59 | Report Abuse

SD 2.0 disini

Posted by Shootup > 2022-09-04 10:33 | Report Abuse

mr calvin, still trending down.. now in record low.. more than 90% loss as bought at 2sen 3yrs ago according to ur suggestion price.

mr calvin... would u mind provide some insights if to hold or cut loss ???

mr calvin.. are u still a major shareholder in netx???

mr calvin.. any business potential as what u claimed 3yrs ago???



Shootup

mr calvin, recently i take a review on this stock since its price has gone down near record low, but i still cant see what u claimed were true..

u need to come out to face the reality.. how to do with this stock.. hold or sell? still potential or u made mistake

lets provide latest review..

mr calvin pls comment.. can netx survive through next year.. or business good in next year??

mr calvin tan

2 weeks ago

Posted by stockraider > 2022-09-04 13:27 | Report Abuse

Forget it lah!
Netx is a mistake mah!

Everyone make mistake loh!
But not TSH mah!
Below Rm 1.07 is a good investment mah!


Posted by Shootup > 2 hours ago | Report Abuse

mr calvin, pls update netx, new comments there

netx in new lows, hope u can follow up and help ur fans

Posted by Shootup > 2022-09-05 11:50 | Report Abuse

stockraider, is scomies oso a mistake, or a scam actually?

Posted by Shootup > 2022-09-07 13:00 | Report Abuse

mr calvin, if u are substantial shareholder, u should help company grow business, not sitting there. Company dont want u to earning good money just by sitting there. Or u can just let go ur hands... let other person bear the responsibility to help grow netx businesss...

Posted by Investgaogao > 2022-09-08 10:03 | Report Abuse

Company ni smart.. Oways private placement and lose money, yet not pn 17

Posted by whistlebower99 > 2022-09-09 22:34 | Report Abuse

https://focusmalaysia.my/3-top-management-employees-of-giib-holdings-detained-by-macc/
Warning to directors who hanky panky.

Posted by stockraider > 2022-09-10 09:44 | Report Abuse

U talk rubbish mah!

U NO netx exposure, all this while loh!

Posted by Shootup > 2 days ago | Report Abuse

mr calvin, if u are substantial shareholder, u should help company grow business, not sitting there. Company dont want u to earning good money just by sitting there. Or u can just let go ur hands... let other person bear the responsibility to help grow netx businesss...

Posted by whistlebower99 > 2022-09-20 10:44 | Report Abuse

Where is Calvin?

What happened to the purchase of few shop lots in Sg Wang Plaza?

NetX pays RM20 for Sungei Wang Plaza retail units that come with RM32.8m court settlement liabilities
Adam Aziz/theedgemarkets.com
September 03, 2021 20:23 pm +08

================
Company fund flowed out, still no positive results for investors

Posted by huathuat83 > 2022-09-29 15:04 | Report Abuse

2017/2018 share price Rm0.03-Rm0.04 ,keep dropping, then share consolidation 1:25 in 2020. Now, the price still same as before consolidation. Such a rubbish company. Don't know how they run the business.. Pity to those share holders and investors

Posted by Good123 > 2022-10-06 08:39 | Report Abuse

Money in netx used to acquire mlabs shares till 23% right ? Hahaha



0085 MLAB MLABS SYSTEMS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : NETX HOLDINGS BERHAD
NRIC/Passport No./Company No. : 200001030834 (5334
Nationality/Country of Incorporation : Malaysia
Address:
22-09, Menara 1MK No. 1 Jalan Kiara, Mont Kiara 50480 Kuala Lumpur Wilayah
Persekutuan Malaysia
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 : 10/12/2021
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/12/2021 Acquired 10,975,000 0.000
Circumstances by reason of which change has occurred:
Acquired of shares by First United Technology Ltd from open market
Nature of Interest:
Deemed Interest
Consideration:

No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 333,335,150 shares (23.0000%)
Total : 333,335,150 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:

10/12/2021 07:00 AM


Ref Code: 202112103600325

Posted by Good123 > 2022-10-06 08:42 | Report Abuse

Peanut revenue, shareholders' funds dipakai untuk menyapu syer mlabs je pandai :)



0020 NETX NETX HOLDINGS BHD
Quarterly rpt on consolidated results for the financial period ended 31/05/2022
Quarter: 2nd Quarter
Financial Year End: 30/11/2022
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/05/2022 31/05/2021 31/05/2022 31/05/2021
RM '000 RM '000 RM '000 RM '000
1 Revenue 3,325 1,696 6,188 5,470
2 Profit/Loss Before Tax -62 378 -3,400 -10,995
3 Profit/(loss) attributable to ordinary equity holders of the parent -183 241 -3,367 -10,197
4 Net Profit/Loss For The Period -62 377 -3,400 -10,997
5 Basic Earnings/Loss Per Shares (sen) -0.02 0.03 -0.40 -1.22
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.1700 0.1700
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

29/07/2022 07:00 AM


Ref Code: 202207293100345

Posted by Good123 > 2022-10-06 08:43 | Report Abuse

Tak payah beli syer netx, beli syer mlabs direct je lah bodoh :)

Posted by Good123 > 2022-10-06 08:52 | Report Abuse

Tak tahu, barangkali, netx akan menawarkan takeover offer kpd mlabs, 1:2 share swap, setiap satu syer mlabs, diberikan 2 syer netx, tunggu je. Netx dah memiliki 23% drp jumlah syer mlabs kini

Posted by Good123 > 2022-10-07 08:24 | Report Abuse

Pengarah2 melanggar undang-undang dengan menggunakan dana right issue untuk membeli 23% drp jumlah syer mlabs ka?

Pihak berkuasa perlu siasat :)

Posted by Investgaogao > 2022-10-25 17:28 | Report Abuse

This counter is a scam

Posted by JJPTR > 2022-11-04 11:05 | Report Abuse

Remember Ting Pek Khim, Ekran boss?
Ekran , via its money lending license loan $746m to Ting,the MD of Ekran.
This $746m rgt was actually the delayed payment for Ekran fast paced Langkawi Air Show and Display center and hotel.

Of course ,the $746m were never recovered.

Now some one ask NETX got money lender license?
NETX HOLDINGS BERHAD

Bursa Announcement
Description

NETX HOLDINGS BERHAD
- ACQUISITION OF 49% EQUITY STAKE IN MOUNTAIN MONEY SDN. BHD.

The Board of Directors of NetX Holdings Berhad (“NetX” or “the Company”) wishes to announce that E-FX Sdn. Bhd. (“EFX”), a wholly-owned subsidiary of the Company, had on 28 October 2021 acquired 416,500 ordinary shares in Mountain Money Sdn. Bhd. (“MMSB”), representing 49% equity interest in MMSB, for a total consideration of RM171,500.00 only (“Acquisition”).

MMSB was incorporated in Malaysia as a private limited company. MMSB is a licensed money changer registered under Bank Negara Malaysia. Based on the latest audited financial statements of MMSB as at 31 December 2020, MMSB was recorded a loss after taxation of RM113,377 and net assets of RM748,470.

The directors and shareholders of MMSB prior to the completion of the Acquisition are as follows:
Directors/ Shareholders No. of shares % of issued share capital

Chong Yuen Fook 510,000..... 60%
Chong Mun Hoe 340,000...... 40%
Khor Loong Chay
Tota l 850000 ...........100%

Posted by Good123 > 2022-11-07 09:36 | Report Abuse

Most of the funds from right issue was used to acquire mlabs shares... If mlabs share price tak pulih, netx is doomed

Posted by Good123 > 2022-11-07 10:54 | Report Abuse

Netx mau menambah stake dalam mlabs barangkali..

Dulu beli syer mlabs pada harga tinggi... Kini 2sen je

Posted by Good123 > 2022-11-10 14:55 | Report Abuse

Dah mula bergerak... Dana netx dah dipakai untuk membeli syer mlabs...jika mlabs tak naik, netx pun separuh mati

Posted by Good123 > 2022-11-10 14:59 | Report Abuse

Netx dan mlabs akan terbang serentak??? :)

Posted by Good123 > 2022-11-17 08:50 | Report Abuse

Dana netx dah dipakai untuk membeli syer mlabs....jika mlabs tak naik, netx pun tak boleh perform :)

Tunggu mlabs play catch up je kini

Posted by Good123 > 2022-11-17 10:21 | Report Abuse

mlabs 2sen- belum naik lagi, netx dah 8sen kini... lebih berpotensi drp netx


0085 MLAB MLABS SYSTEMS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : NETX HOLDINGS BERHAD
NRIC/Passport No./Company No. : 200001030834 (5334
Nationality/Country of Incorporation : Malaysia
Address:
22-09, Menara 1MK No. 1 Jalan Kiara, Mont Kiara 50480 Kuala Lumpur Wilayah
Persekutuan Malaysia
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 : 10/12/2021
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/12/2021 Acquired 10,975,000 0.000
Circumstances by reason of which change has occurred:
Acquired of shares by First United Technology Ltd from open market
Nature of Interest:
Deemed Interest
Consideration:

No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 333,335,150 shares (23.0000%)
Total : 333,335,150 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:

10/12/2021 07:00 AM


Ref Code: 202112103600325

Posted by Good123 > 2022-11-17 10:22 | Report Abuse

netx tak bernilai jika mlabs tak pulih... dana pemegang syer netx dah dipakai untuk melabur dalam mlabs..

\0085 MLAB MLABS SYSTEMS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : NETX HOLDINGS BERHAD
NRIC/Passport No./Company No. : 200001030834 (5334
Nationality/Country of Incorporation : Malaysia
Address:
22-09, Menara 1MK No. 1 Jalan Kiara, Mont Kiara 50480 Kuala Lumpur Wilayah
Persekutuan Malaysia
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 : 10/12/2021
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/12/2021 Acquired 10,975,000 0.000
Circumstances by reason of which change has occurred:
Acquired of shares by First United Technology Ltd from open market
Nature of Interest:
Deemed Interest
Consideration:

No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 333,335,150 shares (23.0000%)
Total : 333,335,150 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:

10/12/2021 07:00 AM


Ref Code: 202112103600325

Posted by Good123 > 2022-11-17 15:56 | Report Abuse

netx to take over mlabs... share swap 1:1? :) wait n see

Posted by 4dking777 > 2022-11-21 11:22 | Report Abuse

cannot see at all la, don't waste time

Posted by Good123 > 2022-11-30 15:57 | Report Abuse

Netx diramal untuk membeli lagi syer mlabs ... Mau menurunkan kos belian purata syer mlabs kononnya

Posted by Good123 > 2022-12-06 09:52 | Report Abuse

Mlab, surging to 2.5sen, share swap netx dan mlab, 1:1, semoga jadi :)

Posted by Good123 > 2022-12-06 12:04 | Report Abuse

Synergi antara netx dan anaknya iaitu mlabs adalah tak terhingga

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-08 07:58 | Report Abuse

This is a highly manipulated stock. It is part of the game of Fintec Global Berhad.

When dishonest Calvin promoted this Netx stock, I was not surprised there would be excitement among the herd.

For those who did not understand the difference between investing and speculating, their hard earned money were soon separated from their pockets. In this game promoted by Calvin, if you did not know who was the PATSY, it was likely you.

Posted by Good123 > 2022-12-08 12:32 | Report Abuse

Netx punya dana , banyak dah digunakan untuk menyapu syer mlabs, mlabs tak naik, netx pun macam dead wood

Posted by Good123 > 2022-12-08 12:32 | Report Abuse

Netx 8.5sen vs mlabs 2.5sen...

Mlabs lagi berpotensi untuk naik lagi :)

Posted by Good123 > 2022-12-09 08:30 | Report Abuse

Beli mlabs jika berminat terhadap netx... :)

Friday, 10 Dec 2021
6:00PM
MLAB NETX HOLDINGS BERHAD (10,975,000 units Acquired)
6:00PM
MLAB FIRST UNITED TECHNOLOGY LTD (10,975,000 units Acquired)
Thursday, 9 Dec 2021
5:51PM
MLAB FIRST UNITED TECHNOLOGY LTD (62,000,000 units Acquired)
5:51PM
MLAB NETX HOLDINGS BERHAD (62,000,000 units Acquired)
Wednesday, 8 Dec 2021
6:02PM
MLAB FIRST UNITED TECHNOLOGY LTD (10,000,000 units Acquired)
6:02PM
MLAB NETX HOLDINGS BERHAD (10,000,000 units Acquired)
Tuesday, 7 Dec 2021
5:54PM
MLAB FIRST UNITED TECHNOLOGY LTD (62,729,900 units Acquired)
5:54PM
MLAB NETX HOLDINGS BERHAD (62,729,900 units Acquired)

Posted by Good123 > 2022-12-09 15:05 | Report Abuse

Tak payah netx, netx pakai duit anda untuk menyapu 23% drp jumlah syer mlabs.

Lebih baik korang beli syer mlabs directly:)

Posted by Good123 > 2022-12-13 10:25 | Report Abuse

netx dah habiskan dana untuk menguasai mlabs dengan 23% drp total syer mlabs... apakah pelan netx untuk mlabs seterusnya?

mlabs mesti terbang, jika tidak, netx turut kecundang :)

Posted by Good123 > 2022-12-13 10:28 | Report Abuse

Netx dan mlabs...

Harga Syer Mlabs

Date

Price

Open

High

Low

Vol.

Change %
12/01/2022 0.020 0.020 0.030 0.015 10.00K 0.00%
11/01/2022 0.020 0.010 0.025 0.010 35.49M +33.33%
10/01/2022 0.015 0.010 0.015 0.010 5.46M +50.00%
09/01/2022 0.010 0.015 0.020 0.010 32.64M -50.00%
08/01/2022 0.020 0.020 0.025 0.015 26.49M -20.00%
07/01/2022 0.025 0.020 0.025 0.020 6.11M +25.00%
06/01/2022 0.020 0.025 0.030 0.020 22.74M -33.33%
05/01/2022 0.030 0.030 0.030 0.025 3.59M 0.00%
04/01/2022 0.030 0.025 0.035 0.025 29.66M 0.00%
03/01/2022 0.030 0.030 0.035 0.025 16.61M -14.29%
02/01/2022 0.035 0.030 0.040 0.030 5.65M +16.67%
01/01/2022 0.030 0.030 0.045 0.030 96.43M 0.00%
12/01/2021 0.030 0.035 0.040 0.025 234.71M -14.29%
11/01/2021 0.035 0.040 0.050 0.030 222.90M -12.50%
10/01/2021 0.040 0.045 0.045 0.040 45.02M -11.11%
09/01/2021 0.045 0.035 0.050 0.035 285.95M +12.50%
08/01/2021 0.040 0.045 0.050 0.035 70.13M -11.11%
07/01/2021 0.045 0.040 0.050 0.040 76.60M +12.50%
06/01/2021 0.040 0.040 0.050 0.035 93.74M 0.00%
05/01/2021 0.040 0.045 0.045 0.035 87.16M -11.11%
04/01/2021 0.045 0.055 0.060 0.035 393.30M -18.18%
03/01/2021 0.055 0.060 0.065 0.055 215.44M -15.38%
02/01/2021 0.065 0.075 0.080 0.050 657.67M -13.33%
01/01/2021 0.075 0.080 0.080 0.065 370.68M -6.25%
12/01/2020 0.080 0.125 0.130 0.070 792.18M -36.00%
11/01/2020 0.125 0.070 0.200 0.070 513.24M +34.62%
10/01/2020 0.093 0.116 0.302 0.070 303.21M -33.33%
09/01/2020 0.139 0.255 0.255 0.116 126.25M -45.45%
08/01/2020 0.255 0.255 0.371 0.232 342.37M +10.00%
07/01/2020 0.232 0.162 0.302 0.139 325.77M +42.86%
06/01/2020 0.162 0.162 0.186 0.116 92.80M 0.00%
05/01/2020 0.162 0.093 0.186 0.093 118.45M +75.00%
04/01/2020 0.093 0.070 0.116 0.070 71.82M 0.00%
03/01/2020 0.093 0.116 0.139 0.046 60.02M -20.00%
02/01/2020 0.116 0.162 0.162 0.093 26.82M -28.57%
01/01/2020 0.162 0.186 0.209 0.139 39.38M -12.50%
12/01/2019 0.186 0.255 0.302 0.186 62.07M -27.27%
11/01/2019 0.255 0.186 0.348 0.186 63.32M +22.22%
10/01/2019 0.209 0.162 0.232 0.162 11.81M +12.50%
09/01/2019 0.186 0.186 0.209 0.162 1.58M 0.00%
08/01/2019 0.186 0.186 0.209 0.162 3.74M 0.00%
07/01/2019 0.186 0.186 0.232 0.186 3.05M -11.11%
06/01/2019 0.209 0.209 0.232 0.186 1.11M +12.50%
05/01/2019 0.186 0.232 0.255 0.186 1.84M -27.27%
04/01/2019 0.255 0.186 0.302 0.186 11.89M +37.50%
03/01/2019 0.186 0.186 0.209 0.162 4.79M 0.00%
02/01/2019 0.186 0.209 0.232 0.186 1.70M -20.00%
Highest: 0.371 Lowest: 0.010 Difference: 0.361 Average: 0.102 Change %: -91.385

Posted by Good123 > 2022-12-16 09:45 | Report Abuse

netx cuma batu loncatan bagi mlabs... dana dalam netx disalurkan kpd mlabs... sampai netx memiliki 23% drp total ekuiti mlabs haha

Posted by Good123 > 2022-12-16 09:46 | Report Abuse

lebih baik macam netx, beli syer mlabs direct... tak payah melalui netx pulak

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-23 07:44 | Report Abuse

>>>>

NETX MISSION STATEMENT (Official email enquiry by Calvin Tan to Ms Penelope of Netx) Calvin Tan Research | I3investor
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2019-11-09-story234573-NETX_MISSION_STATEMENT_Official_email_enquiry_by_Calvin_Tan_to_Ms_Penelope_of_Netx_Calvin_Tan_Research

>>>>
Big biggest fool in Next from 2019 to 2021 was calvintan of Singapore fame.

8.11.2019 39 sen per share
24.12.2020 14 sen per share
24.12.2021 12 sen per share
21.12.2022 7 sen per share

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-23 08:49 | Report Abuse

>>>
Stock: [NETX]: NETX HOLDINGS BHD

2019-11-13 10:48 | Report Abuse

>>>

Calvintaneng wrote:

Nov 13, 2019 9:50 AM | Report Abuse

Target price for Netx

8 sen

15 sen

30 sen

Go go power ranger!!!

>>>>


NetX has outstanding 3.5 billion shares.

At 8 sen = Market cap of $304m
At 15 sen = Market cap of $525m
At 30 sen = Market cap of $1.05 billion


The smartest person in the forum is the manipulator indeed.

>>>>


Market cap of Netx today is RM 59 million

Posted by Good123 > 2022-12-24 15:01 | Report Abuse

According to our respondent (R14), political influence, which is human related, is one of the
fundamental causes of corruption. High rates of nepotism caused the land office in Malaysia to become
of the most active sites of corruptions, regardless of whether the means of doing business was
conventional or digital.

Posted by Good123 > 2022-12-28 14:03 | Report Abuse

the msian authority might do the same for the same issue here
SINGAPORE (Dec 28): John Soh Chee Wen — the accused mastermind of the 2013 penny stock crash — and his co-conspirator Quah Su-Ling were sentenced with 36 years’ and 20 years’ jail respectively.


Soh and Quah were on May 5 found guilty of several of the charges they were facing under three groups of criminal conspiracy including for forced trading, price manipulation and deception.

Soh was convicted of 180 of the 188 charges he faced while Quah was found guilty for 169 of the 178 charges she faced.

The two “long-term partners in both business and personal affairs” had been on trial since March 2019 for orchestrating the manipulation of three penny stocks, Blumont Group, Asiasons Capital and LionGold Corp — collectively known as BAL — between 2012 and 2013. The stocks crashed in October 2013 and destroyed some S$8 billion in market value.

The episode has been described as Singapore’s largest-ever case of share manipulation and involved 189 securities trading accounts held with 20 financial institutions and 60 individuals and companies.

The prosecution had previously sought 40 years' and 19 and a half years' jail for Soh and Quah respectively.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-01-06 07:48 | Report Abuse

>>>>

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 12:33 | Report Abuse 
Very good morning all

Calvin found some facts about Netx

1.Netx is still an IT start up in its early days

2. As such company is still in teething phase of finding its niche in THE DIGITAL ECONOMY

3. To survive management has done its utmost to raise capital. Looks like few banks are willing to finance this start up. So Netx raise its capital by

1. Issuing Esos to Netx employees as high as 4 sen. They raised rm6. 5 millions

2. Then by private placements as high as 5 sen

3. Finally mcquarie Bank invested rm20 millions in Netx shares at 4 sen a piece


All of them are holding Netx shares as high as 4 sen to 5 sen

Now Netx has very little borrowings and still got Rm37 millions in Cash

Rm37 millions is about 1.2 sen per share
BUT netx is so bombed out that is share price has even fallen below cash value

4. As value investor Calvin sees Netx as a potential buy for these reasons:

A. At 1 sen with Nta of 3 sen Netx is selling at a whopping 66% discount which is more than Ben Graham requirement of 33%

B. Of the 3 sen nta 1.2 sen is pure cash

C. Netx could be like hibiscus stilling looking its port of gold here and there till hibiscus struck oil

D. So netx has a very very good survival and prosperity chance going into THE DIGITAL ECONOMY FAT YEARS OF THE NEW IT AGE FOR MALAYSIA

E. TODAY EPF IS GOING ONLINE. THE FIRST IN THE WORLD TO GO INTO THE CLOUD OF CYBERSPACE

F. NETX OFFICIAL WEBSITE STATED THAT IT HELPED TO BUILD TELEKOM INFRASTRUCTURE
IF TELEKOM GETS RM11 BILLIONS OF THE 12MP JOB FOR FIBERISATION THEN NETX WILL GET SOME VERY SUBSTANTIAL JOBS

5. ALL THE EXPENSES OF DIRECTORS (NO CE0 WILL SAVE ON HIGH SALARY) ARE LISTED IN TRANSPARENT MANNER

6. MY RESERVATION WAS NONE OF THE NETX DIRECTORS OWNED NETX SHARES. BUT THEN I DISCOVERED SOMETHING

7. DIRECTORS OF NETX ALSO OWN SHARES IN ASIABIO. AND ASOABIO HAS BOUGHT TENS OF MILLIONS OF NETX SHARES FROM THE OPEN MARKET IN AUGUST 2019

8. WHY INVEST SO MUCH IN NETX BY USING ASIABIO UNLESS THEY ARE SANGUINE ABOUT NETX PROSPECTS IN COMING BUDGET

9. BECAUSE OF THE ABOVE FACTORS CALVIN THINK THERE IS A 70/30 CHANCE NETX WILL BOTH SURVIVE AND PROSPER GOING INTO YEAR 2020

10. WHY YEAR 2020?

BECAUSE YEAR 2020 IS THE YEAR OF THE DIGITAL ECONOMY

YEAR 2019 HAS BEEN A VERY VERY POWERFUL BULL RUN TIME FOR OGSE STOCKS DUE TO PETRONAS RM30 BILLIONS CAPEX

SO WITH RM21. 6 BILLIONS CAPEX FOR THE NATIONAL FIBERISATION THE BULL RUN BATON WILL PASS ON TO INTERNET RELATED STOCKS FOR THE NATION OF MALAYSIA

BEST REGARDS

CALVIN TAN RESEARCH
SINGAPORE

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