N2N CONNECT BHD

KLSE (MYR): N2N (0108)

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Last Price

0.475

Today's Change

-0.005 (1.04%)

Day's Change

0.475 - 0.48

Trading Volume

16,400


5 people like this.

3,393 comment(s). Last comment by 10xGoreng 2024-07-09 16:57

Posted by bigblackstone > 2020-08-26 17:27 | Report Abuse

jia lat...

virgogo

142 posts

Posted by virgogo > 2020-08-26 17:41 | Report Abuse

Read the full TA securities report today. There is an intentional or genuine error on target price mentioned here in KLSEi3. The buy call by TA sec is now revised upward to 1.15 . Hopefully will cheer some of u.

roger3210

5,149 posts

Posted by roger3210 > 2020-08-26 18:12 | Report Abuse

SBI has another 63mil units to sell base on today bursa announcement, you guys better stay away from this stock, let the SBI sell it down like no tomorrow, it probably going to take 3 to 4 months for SBI to completed selling all the remaining stocks which mean that the share will not perform at all. buy few months later better than u have your capital stuck here while watching other stocks rocket up like mad.

Posted by Lee Kok Wee > 2020-08-26 18:17 | Report Abuse

Revised TP 1.15 . Still got 36% up space . Good !

ivanlau

1,389 posts

Posted by ivanlau > 2020-08-26 21:19 | Report Abuse

---------- quote ----------
Stock: [N2N]: N2N CONNECT BHD

Aug 22, 2020 7:41 PM | Report Abuse

if based on forward eps 5 x average pe 23 , the fair value will be rm 1.15 .........
---------- unquote --------

I already mentioned at 22/Aug the TP will be rm 1.15 ... TA securities copy my idea ??

Posted by bigblackstone > 2020-08-26 21:34 | Report Abuse

I agree with roger3210. Perhaps Andrew could consider to buy back all shares owned by SBI (or someone to buy SBI's entire stake... or Andrew should make clear what is SBI's intention... otherwise 63mil shares to dispose - man, a long way to go and fall...

Speed123

763 posts

Posted by Speed123 > 2020-08-27 09:05 | Report Abuse

I also agree with roger3210...
u guy need to sell , so that roger3210 can collect low..
what you guy think he so free doing here...

happynl

70 posts

Posted by happynl > 2020-08-27 14:27 | Report Abuse

today macam bo sell down liao.. what is this SBI doing...

roger3210

5,149 posts

Posted by roger3210 > 2020-08-28 15:06 | Report Abuse

soon continue sell down. these 2 days SBI din sell yet n2n cant rebound, what if SBI continue to sell ? ....

wakarimas

1,043 posts

Posted by wakarimas > 2020-08-28 15:20 | Report Abuse

well if wanna goreng, n2n not suitable. but if holding till next quarter, hard to lose. Prospect damn good that everyone know.

roger3210

5,149 posts

Posted by roger3210 > 2020-08-28 15:41 | Report Abuse

depends on wat price u buy, if u buy now, plenty of room to drop as long as SBI dont stop selling. prospect ok but definitely not damn good, look at the revenue, hardly up a lot, still flat ! this company has almost 0 growth

roger3210

5,149 posts

Posted by roger3210 > 2020-08-28 15:41 | Report Abuse

so it is only good for swing trade, not investment

Speed123

763 posts

Posted by Speed123 > 2020-08-28 16:51 | Report Abuse

I also agree with roger3210...
u guy need to sell , so that roger3210 can collect low..
what you guy think he so free doing here.

again , really give credit for ur handwork . . weekend continue ?

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2020-08-31 19:16 | Report Abuse

Can limit up tomorrow????

roger3210

5,149 posts

Posted by roger3210 > 2020-09-01 09:34 | Report Abuse

below 80c soon ?

roger3210

5,149 posts

Posted by roger3210 > 2020-09-01 10:16 | Report Abuse

SBI panic selling ?

roger3210

5,149 posts

Posted by roger3210 > 2020-09-01 10:22 | Report Abuse

80c almost gone :D congrats those still holding. Going below 70c in coming months?

Speed123

763 posts

Posted by Speed123 > 2020-09-01 13:18 | Report Abuse

hahaha ,after long weekend continue balik .. si beh hard sell .

told u all many times already.

u guy need to sell , so that roger3210 can collect low..

what you guy think he is so free doing here..

roger3210

5,149 posts

Posted by roger3210 > 2020-09-01 14:05 | Report Abuse

SBI sell it down, dont blame me !

ivanlau

1,389 posts

Posted by ivanlau > 2020-09-01 20:06 | Report Abuse

Insider news, SBI will keep selling till end of Sept........ no magic in Sept....

Speed123

763 posts

Posted by Speed123 > 2020-09-02 08:41 | Report Abuse

insider news .. lol
then i shall make magic in sept ... hahaha

roger3210

5,149 posts

Posted by roger3210 > 2020-09-02 09:12 | Report Abuse

SBI has 61mil units left, sept alone not enuf for SBI to clear all given daily volume of N2N is very low, at least 4 to 6 months to clear all.

Posted by bigblackstone > 2020-09-02 11:22 | Report Abuse

roger3210, I buy your view!! You are so right.

Posted by bigblackstone > 2020-09-02 11:24 | Report Abuse

Unless SBI sold all its shares, N2N price will remain depressed... Someone pls find SBI a buyer!

roger3210

5,149 posts

Posted by roger3210 > 2020-09-02 11:49 | Report Abuse

SBI bought all the 120mil share via dbt, why is SBI keep selling at open market ? Cant find anyone to do DBT :D No one interested to buy over such a huge chunk at such premium price ? why ? because the company has no grow at all.

roger3210

5,149 posts

Posted by roger3210 > 2020-09-02 11:50 | Report Abuse

and why company has stop company buy back? last time before SBI become majorshareholder, N2N everyday share buyback all the way from 70c to 1.x. Why not now ?

Posted by bigblackstone > 2020-09-02 15:09 | Report Abuse

roger, sorry what is DBT?

roger3210

5,149 posts

Posted by roger3210 > 2020-09-02 15:51 | Report Abuse

meaning 1 party is buying the share from another via off market, the transacted price is unknown. Thats why when SBI bought 120mil units at 1.42, market price didn't go to 1.42, it was around RM1 only.

Posted by bigblackstone > 2020-09-02 16:01 | Report Abuse

Thanks, Roger. So it is an acronym for something like 'Direct Buyer Transaction'... hmm 1.42/share!! Record high!

roger3210

5,149 posts

Posted by roger3210 > 2020-09-02 16:49 | Report Abuse

yup. SBI is selling way lower than the price they acquired from DBT.

roger3210

5,149 posts

Posted by roger3210 > 2020-09-02 16:51 | Report Abuse

Why is SBI selling at such a huge loss, this is something you should be pondering about. Not a good sign when major shareholder is so desperate in selling at watever price they can.

Posted by bigblackstone > 2020-09-02 21:48 | Report Abuse

I can think of a few reasons:
1) Perhaps SBI could not get along well with Andrew's team? Or,
2) SBI could not buy over the entire company (not able to reach 30% and offer General Takeover?)
3) Technologically N2N can not cope up (no talent in here)?

Mind you, the company is still positive in cash flow (am I right?) and has no debt (basically)... (so, may be #3 is not valid. What is your take?

Posted by bigblackstone > 2020-09-02 21:52 | Report Abuse

Personally, I think N2N is better off without SBI. Difficult to work with Japanese. Expatriates here are basically robots, only execute initiative from Tokyo (Cantonese says shooting a cow over the mountain... 隔山打牛!)

Speed123

763 posts

Posted by Speed123 > 2020-09-03 08:56 | Report Abuse

hahaha. so free this roger3210

u seem like you are not interested in n2n , but still stay here and comment .

just tell me what price you want to enter.. i ask boss push down for u only. just for u .

really KNN

roger3210

5,149 posts

Posted by roger3210 > 2020-09-03 09:06 | Report Abuse

50c

roger3210

5,149 posts

Posted by roger3210 > 2020-09-03 11:00 | Report Abuse

ur last chance to escape before SBI further sell down below 80c

Speed123

763 posts

Posted by Speed123 > 2020-09-03 11:09 | Report Abuse

roger3210 50c .. lol... maybe u need 2 more trade war. + another new covid
u might get that price.

why don like this
tonight, i gonna burn some money to my ah gong ah mah.
since u so desperate need money , , burn few billion for u . ok

receive let me know . should be under instant trf .

so next day , no need work so hard to comment here.

roger3210

5,149 posts

Posted by roger3210 > 2020-09-03 11:17 | Report Abuse

looks like both n2n and eforce gg again, push up and distribute kao kao

roger3210

5,149 posts

Posted by roger3210 > 2020-09-03 14:47 | Report Abuse

turning red :D

Speed123

763 posts

Posted by Speed123 > 2020-09-04 08:47 | Report Abuse

dow drop 800 point ... best time to sapu .

roger3210

5,149 posts

Posted by roger3210 > 2020-09-04 08:53 | Report Abuse

breaking 80c strong support today ? looking forward below 70c

roger3210

5,149 posts

Posted by roger3210 > 2020-09-04 09:10 | Report Abuse

dont go in so early, plenty of room to drop, djia has went up too much, when it sink, it will bring down entire market. n2n no spare from sell down for sure, SBI will be in panic selling later

roger3210

5,149 posts

Posted by roger3210 > 2020-09-04 09:11 | Report Abuse

and many retailer who bought recently will have to cut loss as well.

Posted by bigblackstone > 2020-09-04 09:45 | Report Abuse

Until SBI emptied its stocks, I won't go back in...

roger3210

5,149 posts

Posted by roger3210 > 2020-09-04 09:48 | Report Abuse

wait for 4 to 6 months :-p

roger3210

5,149 posts

Posted by roger3210 > 2020-09-04 17:30 | Report Abuse

SBI throw like mad at 0.79 after 4:50pm. Speed123, still sapu ?

Posted by bigblackstone > 2020-09-04 21:05 | Report Abuse

I hope SBI quickly empty its stocks!!

wakarimas

1,043 posts

Posted by wakarimas > 2020-09-05 18:27 | Report Abuse

now at support already. Hoot

Speed123

763 posts

Posted by Speed123 > 2020-09-07 08:38 | Report Abuse

roger3210 .. sapuing never ending for me .
following GCC step . . .

sbi throw since 2-3 mths ago.. u are not even here yet.. tak ada supprise..lol

mf

29,190 posts

Posted by mf > 2020-09-07 08:42 | Report Abuse

Stocks point to muted start with nerves rattled
Adam Haigh
/
Bloomberg

September 07, 2020 06:01 am +08

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