dont be naive, kenanga earn from broker fee which count on the daily transaction vol for each broker house, while n2n/eforce charge monthly fix subscription fee from these broker house. So n2n/eforce result wont be very good, at most flat or ... even lower profit :D
The QR be sure good, as the income from respective security platforms of Bursa is counted on volume basis. Bursa gas broken volume transacted several times and always high volumes
Roger3210. I notice u are very negative in your comments for whatever reason u may have. Be more honest and sincere in your comments. This company is fundamentally much much better that most other technology companies with ridiculous PE well above 30 times. N2N forward PE will be less than 20 times at this price now of about 85 cts. N2N has consistently perform fairly well past years and much better this year with record volume in bursamalaysia. I can assume u have an ulterior motive to push down the share price. I really pity those innocent retail investors who believe in whatever u say here.
I hope i got the power to push it down. SBI bought it at 1.42 with over 100mil units and they r selling it like no tomorrow at current level. If you have invested s much money into a company , will u sell it down at much lower price for no reason ?
SBI Japan is a strategic investor 2 years ago. SBI also signed a MOU with N2N early last year with ultimate intention to use N2N trading platform for crypto trading in asian region.Looks like this plan may not be fruitful as planned for whatever reason. What I can guess is our govt vide SC is very slow in coming up with a comprehensive framework for crpto ...... in malaysia. Assuming SBI is not keen to continue with their tie up with N2N, it is not the end of the world. N2N still has it's existing business in malaysia, Hong Kong and other asian countries. Read in thie website about N2N new Asian trading platform. Assuming SBI will continue to sell down. So what????????. There are many SMART investors out there who are happily accumulating the shares at discount.
I hope my clarification will help investors to make a better decision in buying or selling N2N share.An example is JF tech. Company just announce last quarter result of about 3 million with EPS of 1.5 cts. For whole year its EPS is 3.8 cts. The company share has sky rocket to more than RM 4.00 giving a PE of 55 times.
This will be my last comment for investors to read. Telekom Malaysia, Green Packet and many companies also talk about 5 G. Look at Green Packet story. The company is in news every day about technology. But company never add value to shareholders for past years and pay a single cent dividend.Yes it is a growth story. But how much actual profit will it bring to companies and add to shareholder value. Best of luck to all. Most importantly is stay health.
Gpacket pure speculation white jftech has secure long term biz with huawei, jftech future is very bright, eforce n n2n profit / revenue wont be explosive at all, at most just stay flat, see the revenue almost same every quarter, meaning this kind of co has no growth anymore, not worth to buy at high price.
SBI's departure may be it is good for N2N, because it is not easy to work alongside Japanese. They are from a different planet, often are not pragmatic and with no business acumen and efficiency... Looks like N2N share price will have downward pressure for a while to go until SBI emptied its holdings... hope rebound will come soon.
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....
roger3210
5,149 posts
Posted by roger3210 > 2020-08-24 17:06 | Report Abuse
'IF' the result is good, what 'IF' the result not up to expectation ?