KLSE (MYR): MYEG (0138)
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Johnchew
2,405 posts
Posted by Johnchew > 2019-10-12 21:02 | Report Abuse
ew 1) Tun mahathir son mukhriz mahathir any link to Netx?Calvin no reply just fake info..Tun son had resigned from opcom also..
2) Netx finance report only mention 3 core bussiness..no digital infrar installation segment .
3) GEM app as mentioned download but cannot get register...
4) Vasu time said partner with 2go Trading but google search address location not operating any more...now in june partner with 2go Tech..google search no info on 2go Tech..
5) seems like all fund raising money is burned or gone to left pocket right pocket..
6) 2019 revenue rm 10 mil ..loss rm18.3 mil..
Need fund raising again....haha
7) CFO is resigned on 2015..external auditor resigned on aug'19 ..netx changed financial year end fr june2019 to nov2020..just a financial accounting jimmik as Lonbisc..
8) NETX since 2015 to 2019..total loss rm 50 mil..only 2017 gain rm1.1 mil.. no wander always do fund raising ..right issue ..PP many times..SIS. ..
9) netx 3 core business: 1) electronic payment.2)non electronic payment.3) GEM segment....no digital infrar installation as you said..?? Maybe Metronic which is eased from Netx group on 2015??
10) Calvin said hidden cash rm72mil from associate company..is IOU money by associate company ..sure burned to magmt pocket.
11) OCK Debt is RM500 mil..gearing is 0.62 still healty..OCK 4.5 years.2015 to half 2019..make profit..total RM 112 mil..each year make profit..but Netx 5 year loss RM 50 mil ..4 years loss ..one year only profit rm 1.1 mil...all the fund raising gone to left pocket..right pocket..
Fund raising for partner with 2go trade .change to 2go Tech...loss heavily...GEM app...worst...
Netx got 3 SEN CASH NTA While OCK got RM0.52 NTA..
12)w Under 2 of core business..
Refer financial report ;
This segment’s revenue of RM0.35 million in current year to-date, lower as compared to preceding
year to-date of RM4.59 million as the current year to-date’s revenue were the remaining balance of
progress billings from the contract secured in year 2017. The gross loss in the corresponding quarter
in previous year and previous year to-date was mainly due to higher actual cost than initial projected
cost on the contract secured in 2017.
2018 n 2019 no contract order...2019 revenue RM 0.35 MILLION of progress billing from the contract secured in year 2017...???
You mean 2018 n 2019 no DIGITAL INFRAR INTALLATION IN MALAYSIA???OPCOM stop FiBER OPTIC CABLE PRODUCTION in june2017 till june 2019...???Haha..
X
That mean NETX lose to their competitors for 2 years or the management just makan angin....kira kiri pocket kanan pocket money...