@kalim288 Maybe find some chance to average down your price if your price is really high like penthouse.
As for tp, lets not get ahead of ourselves. The resistance of 0.31 and 0.39 (especially this resistance) is very strong as of now. Let's see whether it can first break RM0.5(4 years resistance) first before we start looking into RM1-5.
The support line will be 0.24 as of now. Hope that it can fly on Monday.
So far additional SIS totalled 270 m shares at 20s each, meaning additional RM 54 m collected into the coffers. Maybe XOX got big plans and expansion coming. Just my 2 cents idea.
xox cannot replace maxis. similarly maxis also cannot replace xox. the main point here is alibaba chose xox as its partner instead of those big telcos.
How many subscribers of xox now and what is their average use / paid per month to xox? This is important. Xox is asset light as it does not own any hardcore infrastructures like other telcos. Should be able to make more with more subscribers unless the premium paid to celcom is heavily increasing.
How much xox revenue per quarter? How much per month? How many subscribers? You can calculate how much one line spent per month? RM60mil per quarter? RM20mil per month? 2mil subscribers? RM10/month/user? Maybe as this is mostly prepaid. How much Digi/Umobile/Maxis per line spent? Why other telco make ton of profit every quarter? Mostly postpaid? 80/month/line? That is why XOX share price is 0.20.
ANT already invest in South East Sea Epayment like Ascend Money (Thailand), Indonesia (Dana), Philipines (Mynt), Myanmar (Wave Money), Singapore ( Alipay obtains Digitals license in progress), Malaysia (Not Yet ot maybe XOX for Malaysia)????
How can xox increase the revenue by giving free line in order to competent? Maybe that is where ewallet, microfinancing, cloud, blockchnain are the source of future income by giving line free. give away 20mil per month to make 200mil.
XOX, Malaysia XOX a strategic partner of AntChain for the APAC region offers an end-to-end blockchain solution that will significantly boost trust and digital transformation for various industries. XOX is a technology company that strives to provide continuous digital solution to its consumers and customers.
its time for XOX to shine, big telco affect tremendously by the pandemic, their overhead its high and hardly sustain in this economic downfall, while small company like XOX has the potential to grow, thats why antgroup coorperate instead of looking for big telco
XOX] Others on 04-Sep-2020 Stock [XOX]: XOX BHD Announcement Date 04-Sep-2020 Listing Date 07-Sep-2020 New type/class? No Type Others Details Share Issuance Scheme No. of shares issued 15,250,000 Issue Price Malaysian Ringgit (MYR) 0.200 Par Value - 0.000 Total NOSH 2,705,932,975
https://antchain.net/partner/tech In.Ant chain..we trust XOX will fly sky high...like TG..started from 1.80..now 25-29..nothing is impossible if u hold tight and ignoring those negative noises
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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Newinthis
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Posted by Newinthis > 2020-09-04 18:19 | Report Abuse
@kalim288 Maybe find some chance to average down your price if your price is really high like penthouse.
As for tp, lets not get ahead of ourselves. The resistance of 0.31 and 0.39 (especially this resistance) is very strong as of now. Let's see whether it can first break RM0.5(4 years resistance) first before we start looking into RM1-5.
The support line will be 0.24 as of now. Hope that it can fly on Monday.