NEXGRAM HOLDINGS BERHAD

KLSE (MYR): NEXGRAM (0096)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.015

Trading Volume

273,100


46 people like this.

50,494 comment(s). Last comment by icedvestor 6 days ago

Monde

1,105 posts

Posted by Monde > 2015-09-17 21:32 | Report Abuse

Expect next week quarter result out? Should have movement?

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-17 22:06 | Report Abuse

GRABBBBBBBB NOW !! $$$$$$$$$$

sg999

1,783 posts

Posted by sg999 > 2015-09-18 00:15 | Report Abuse

big rugi.

nickyeo55

1,081 posts

Posted by nickyeo55 > 2015-09-18 16:34 | Report Abuse

HAHA WARRANT busy with IPO again ?

longvalley

2,287 posts

Posted by longvalley > 2015-09-18 17:41 | Report Abuse

kumpul
before to late..........!
invest like director............................................

Monde

1,105 posts

Posted by Monde > 2015-09-18 18:25 | Report Abuse

Next weekkkkkk meletup

steveooikp

4,689 posts

Posted by steveooikp > 2015-09-19 19:51 | Report Abuse

Bing.... tua huat ..... abdul...... all missing ?

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-20 11:31 | Report Abuse

NEXT WEEK - Nexgram sure 10 SEN $$$$$$$$$$$$$$$$$$.....SONS ( Warrantss) to JUMP accordingly ( with higher % gain ) !!

sg999

1,783 posts

Posted by sg999 > 2015-09-20 11:49 | Report Abuse

5cent coming soon....

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-20 16:10 |

Post removed.Why?

skyz

1,650 posts

Posted by skyz > 2015-09-21 11:48 | Report Abuse

eh Dr Warrant, no more 20 cents and 50 cents liao la?

Ckpdead

1 posts

Posted by Ckpdead > 2015-09-21 13:37 | Report Abuse

Old trick will not affect NG. Who bother that old dead man? What is the name? Poison people end up cancel virus attack and heart attack poison himself. NG 15 cents end of year. Go NG go!

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-21 20:54 | Report Abuse

NG immediate TP 10 SEN ....then TP 20 SEN remained $$$$

TuaHuat

1,462 posts

Posted by TuaHuat > 2015-09-22 20:34 | Report Abuse

Announcement
Subject MULTIPLE PROPOSALS
Description NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR THE "COMPANY")

(I) PROPOSED PAR VALUE REDUCTION; AND

(II) PROPOSED AMENDMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Nexgram, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the following:-



(i) proposed reduction of the existing issued and paid-up share capital of Nexgram involving the cancellation of RM0.05 from the par value of every existing ordinary share of RM0.10 each in the Company pursuant to Section 64 of the Companies Act, 1965 (“Proposed Par Value Reduction”); and



(ii) proposed amendment to the Memorandum of Association of the company (“Proposed Amendment”);



collectively referred to as the "Proposals".



Please refer to the attached document for further details on the Proposals.



This announcement is dated 22 September 2015.

TuaHuat

1,462 posts

Posted by TuaHuat > 2015-09-22 20:34 | Report Abuse

What will be the impact ? Anyone can advise pls.

Posted by Banker65 > 2015-09-22 21:16 | Report Abuse

Nothing changes. Share price same, share quantity same, reserves "increase", if economy turn bad will be better off for business fund raising. If ever gives dividend the yield is doubled compared to high par value. Sort of waste money over prepared for potential economy crisis.

Posted by Banker65 > 2015-09-22 21:18 | Report Abuse

Singapore and many world market has zero par. Malaysia lives in 1980, so has par. Thats all the difference.

sinkalan

29 posts

Posted by sinkalan > 2015-09-22 21:30 | Report Abuse

reduction par value to get ready for zero par value, then losses, then pn...

Posted by Food4Thought > 2015-09-22 22:18 | Report Abuse

Please read the full annoucement. The rationale is basically preparing the company for fund raising exercise and/or corporate exercises involving issuance of new shares as the Company cannot undertake a new issuance of securities below its par value, i.e. can't fix the share placement or right issues or ICPS lower than RM0.10 currently. Looking at the current market value of the share, most probably the issuance of new shares if any may be fixed at revised par value of RM0.05. Therefore, the potential upside is limited and in my humble opinion will not exceed RM0.10. Otherwise, it is meaningless to embark on this exercise.
The company is in need of cash to undertake the RM1.4Bil projects. Its cash is depleting. Therefore, the cash raising exercise is very likely and imminent.Trade cautiously and do your own homework.

Posted by Food4Thought > 2015-09-22 22:40 | Report Abuse

The company is adopting very weird accounting standard MFRS, which will only recognise the revenue and profit upon completion of the project. This is not the industry norm. So, you will only see the revenue and profit increase after 3 years.

Posted by buffet72 > 2015-09-23 03:29 | Report Abuse

Malaysia bolehland accounting standard actually asked all PLC "must" change to MFRS, but those old property companies reluctant to change because it'll affect their accounting report. Example, one quarter big lost, next quarter big profit, short minded investors would be confused if don't understand. So Malaysia type of MFRS standard, even if it's compulsory to change, because it's so special, almost majority property PLC do not change. So this company already follows MFRS in all business, cannot change back other standard even if they diversify into property business, kind of accidentally too compliance and follow too much rules.

PAR reduction made no changes to fundamental. Investor shall look at NTA which is the actual value of the company. Again, country like Malaysia still have PAR, which is dinosaur standard. Rationale for most companies is to mark-to-market price condition when they do PAR adjustment. Market is hard to predict and if there is any fund raising in future, a lower PAR gave the company early preparation. Example, if market is bullish again, if fundamental share price goes up above NTA, say 13 cents, company may do placement or right issue say x% discount or 11 cents; if market is bad and share price remain low say 9 cents, company may do fund raising say 8 cents. Most companies may saw share price goes "up" if there is fund raising to get better pricing.

Any method is workable, it depends on long term fundamental. Company should reward investors with dividend if fund raising made money from business. My 2 cents.

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-23 09:12 | Report Abuse

very POSITIVE impact on SONS ( warrantsss ) $$$$$$

tklim

3,155 posts

Posted by tklim > 2015-09-23 18:21 | Report Abuse

so how???.....Can go below 0.05 sen kah?.....

sg999

1,783 posts

Posted by sg999 > 2015-09-23 19:50 | Report Abuse

5cent coming.

tklim

3,155 posts

Posted by tklim > 2015-09-23 22:11 | Report Abuse

if break 0.05 ...how??? wait for 0.01 kah?

Ameera

2,921 posts

Posted by Ameera > 2015-09-23 22:14 | Report Abuse

So scary... earlier has been shouting to 0.20 and now possible to 0.01....:(:(

sg999

1,783 posts

Posted by sg999 > 2015-09-24 10:40 | Report Abuse

close 7 cent. 5 cent coming soon.within few weeks hahhaha

sg999

1,783 posts

Posted by sg999 > 2015-09-24 10:41 | Report Abuse

stock market is for patient people only haha

sg999

1,783 posts

Posted by sg999 > 2015-09-24 11:05 | Report Abuse

few more week can get 5 cent..kikiki

sg999

1,783 posts

Posted by sg999 > 2015-09-24 12:23 | Report Abuse

that is TMS. this is NEXGRAM!! i already spoke with dato T. kikiki.

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-24 21:19 |

Post removed.Why?

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-24 21:20 |

Post removed.Why?

Monde

1,105 posts

Posted by Monde > 2015-09-25 00:38 | Report Abuse

tms got: It will then consolidate every two shares of five sen each into one new share of 10 each.
but nexgram don't have?

sg999

1,783 posts

Posted by sg999 > 2015-09-25 12:48 | Report Abuse

hahaha speechless liao drwarrant when kena questioned!

Posted by sharedirector > 2015-09-25 15:42 | Report Abuse

http://forum.shareinvestor.com/archive/0EE71191/0EE711B5/0EE711B5_1.html.... some reading of Par value deduction....

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-25 18:11 | Report Abuse

FINGER CROSSED >> JACKPOT TO COME $$$$$$$$$$$$$$$$$ ( TP 20 SEN remained , sons ( warrant ) to be EXPLOSIVE - high % gain

0008

1,603 posts

Posted by 0008 > 2015-09-25 20:40 | Report Abuse

Haha ! Dun buy panny stock anymore , won't up atleast
few year time and some will be delisted from
bursa . Try your luck ! Haha !
I dare to say will 1 usd : Rm 6 , do u believe ?
Happy trading !

Monde

1,105 posts

Posted by Monde > 2015-09-25 22:17 | Report Abuse

Nexgram Land Sdn Bhd, a wholly owned subsidiary of Nexgram Holdings Berhad donates 1,000 rice packets to low income families as part of the company’s one week Corporate Social Responsibility(CSR) program for Sepang and Puchong area communities. These communities are located within Nexgram’s two ongoing property development projects worth USD342 million.

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-25 22:53 | Report Abuse

0008 !...many made money ( even jackpot ) with penny & warrant minus you mr 008....see ifcamsc -wa exploded from 2.5 sen to RM 1.20...mother ifcam to $$$,,,,,a guiness world record ( 2001 ) for hwgb-wa from 2.5 sen RM 12.60 ( world record 42,000 % )......

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-25 23:00 | Report Abuse

Nexgram Land Sdn Bhd, a Malaysia-based housing development company, is a wholly-owned subsidiary of Nexgram Holdings Bhd, a company listed in Malaysia. Nexgram Land has entered into an offtake agreement with Angkatan Koperasi Kebangsaan Malaysia Bhd (Angkasa) through its unit MyAngkasa Bina Sdn Bhd where the latter will acquire two property projects to be developed by Nexgram in Cyberjaya and Putrajaya for USD342 million.

## NEXGRAM project with GLC'S ANGKASA worth USD342 = almost RM 1.5 BILLIONS.....
WOWWWWWWWWW.....WOWWWWW $$$$$

sg999

1,783 posts

Posted by sg999 > 2015-09-25 23:49 | Report Abuse

good news sell sell sell.

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-26 00:38 | Report Abuse

sg999....something wrong with you >> Please USHHHHHHHHHHHHHHHHHHHH SG999 to ICU !!

Monde

1,105 posts

Posted by Monde > 2015-09-26 00:38 | Report Abuse

Next week confirm quarter result outtttt

sg999

1,783 posts

Posted by sg999 > 2015-09-26 11:21 | Report Abuse

with big rugi report?hahaha gap down 5 cent buybuybuy.

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-26 12:20 | Report Abuse

sure BIG profit one .......SG999 now so mad liao , 24 hours in DOOM >> has to KOOL DOWN him sob..sob sobbb... ,,wishing him to be able to get out from trap as nexgram is ready to EXPLODE $$$$$$....10 sen immediate TP >> 20 sen MAJOR TP

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-26 12:46 | Report Abuse

Mr SG999 in doom liao 24 hours , so pondan >> ask him to buy grandma FD@ Fixed deposit for peanut @ chicken feed 3 %.....oso don't forget to punt 4D magnum & toto....my VW Passat 6969

0008

1,603 posts

Posted by 0008 > 2015-09-26 18:26 | Report Abuse

Haha ! All the big construction project will stop becos of weak RM atleast 2 - 3 years time .

sg999

1,783 posts

Posted by sg999 > 2015-09-26 19:42 | Report Abuse

Rugi report make retailer sell, then who buy??????hahaha

drwarrant

8,354 posts

Posted by drwarrant > 2015-09-26 20:10 | Report Abuse

008 & sg999 >> so pondan liao...24 hrs in DOOM >> like a grandma >> better buy grandma FD & get 3 % peanut @chicken_feed !
NEXGRAM $$$$$$$$ for sure - edi given kool angpows & even jackpot to some ( me laaa $$$ )

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