XOX BHD

KLSE (MYR): XOX (0165)

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Last Price

0.215

Today's Change

+0.005 (2.38%)

Day's Change

0.21 - 0.22

Trading Volume

141,700


44 people like this.

48,924 comment(s). Last comment by JJPTR 1 week ago

Daniel Tan

532 posts

Posted by Daniel Tan > 2020-10-05 23:46 | Report Abuse

Tomorrow down expect more bloodshed...

ChinaMade

271 posts

Posted by ChinaMade > 2020-10-05 23:57 | Report Abuse

U should copy paste together 2017 2018 2019 MOU.. until today still in development.. potential project banyak la bang.... if u add up all their project pipeline together fulamak can at least ma worth top 10 in malaysia... plus ant listing coming soon sure all IB invest one la..

Posted by David Coperfield > 2020-10-05 23:59 | Report Abuse

2moro limit up huat lah

Posted by Huitanaccident > 2020-10-06 00:03 | Report Abuse

Hold 7 rears
XOX 5.80

Posted by Huitanaccident > 2020-10-06 00:04 | Report Abuse

Top Glove hold 1998 until today
1.20 until today 9.00 x3 = rm27

alphie

56 posts

Posted by alphie > 2020-10-06 00:13 | Report Abuse

Many logic salah. Klse screener there still got ppl say wait for Ant Financial IPO. Really hopeless these ppl

Daniel Tan

532 posts

Posted by Daniel Tan > 2020-10-06 01:26 | Report Abuse

Huat

Posted by Fantaghiro123 > 2020-10-06 02:47 | Report Abuse

Xox beli macpie tapi tak mau beli share sendiri.hari2 cuci retailer

B4b4

7,586 posts

Posted by B4b4 > 2020-10-06 04:56 | Report Abuse

Besar kemungkinan, XOX akan membeli saham Ant Group semasa IPO listing di HK bulan Oktober ini melalui XOX Hong Kong.

B4b4

7,586 posts

Posted by B4b4 > 2020-10-06 04:58 | Report Abuse

Xox sedang membuat network nya dalam bidang e wallet

Posted by Huitanaccident > 2020-10-06 06:06 | Report Abuse

Buy XOX 100000000000000000000000000 Lots

Posted by Huitanaccident > 2020-10-06 06:07 | Report Abuse

SOLD TOP GLOVE 1000000000000000 lots
BUY XOX 10000000000000000000000000000

JK22

1,789 posts

Posted by JK22 > 2020-10-06 06:45 | Report Abuse

Macpie? music and event management? at this time? why cheap?

5354_

4,754 posts

Posted by 5354_ > 2020-10-06 07:24 | Report Abuse

Why buy Macpie?

Posted by Huitanaccident > 2020-10-06 07:37 | Report Abuse

Sold Topove 10000000000000 lots
Shift XOX 100000000000000000000 lots

Teh Diven

4,160 posts

Posted by Teh Diven > 2020-10-06 07:40 | Report Abuse

All purely goreng....just becareful...
Naik or turun just becareful.
From .39 cts drop to .12 cts is it worth it to enter again?

Good123

25,315 posts

Posted by Good123 > 2020-10-06 07:49 | Report Abuse

anyone has estimated profit yearly from this venture?KUALA LUMPUR: XOX Bhd, which holds an e-wallet licence (XOX eWallet), will provide micro-financing to the tune of RM1 billion to its 2.2 million subscribers.

The company's subsidiary XOX Media Sdn Bhd has inked a partnership agreement with Wetek Technology (M) Sdn Bhd for the prospect.


In a statement today, XOX said the service would be extended to individuals and small businesses who lack access to conventional banking and related services by populating its eWallet for usage in XOX Digital Marketplace.

"We believe this partnership will provide a vital component in the XOX eWallet ecology enabling subscribers to participate in the new normal of touchless and online economy. XOX is committed to promoting digitisation among subscribers to enhance auto top-up, Fintech, entrepreneurship and eCommerce,"it said.

XOX said in the future, the company, together with Wetek, planned to launch the micro-financing services to all Malaysians.

Its chief executive officer (CEO) Ng Kok Hen told the New Straits Times when contacted, that once the RM1 billion micro-financing was fully taken up, XOX and Wetek might issue a second tranche of financing.

"We will definitely look at a second tranche as many individuals and small businesses require urgent funding," he said.

Wetek director Howard Leung Hao, who is also chairman and CEO of Brilliant (Hong Kong) Holdings Ltd, said the company formed a partnership with XOX to ride on the latter's strong subscriber base.

"Apart from over 2.2 million subscribers, XOX has strong infrastructure in its dealership channels and technology to grow the relatively unserved market in Malaysia. This is a huge opportunity for Wetek to grow in this business," he said.

Globally, the microfinance industry had serviced 139.9 million borrowers in 2018, with 65 per cent of microfinance borrowers living in rural areas where traditional banking and lending is difficult or impossible.

Leung Hao said, according to Microfinance Barometer 2019, the industry had been growing at an annual rate of 11.5 per cent over the past few years and was projected to reach US$146.8 billion by 2021.

"Micro financing is a good strategy to populate eWallet with funds especially in the challenging environment of eWallet adoption nationwide. Once eWallet subscribers have money in the ewallet, they can perform transactions through XOX Digital ecology," he said.

Leung said Wetek wanted to be the market leader of micro-financing in Southeast Asia.

The other director of Wetek is Liang Zeng, who is an internet entrepreneur and venture capitalist.

Liang Zeng invests and incubates the companies in digital marketing, artificial intelligence and enterprise services. He has held senior positions as senior vice-president (VP) of Kingdee International Software Group, VP of Microsoft Greater China, and most recently, VP of Baidu Inc. and chief executive officer of Baidu Nuomi.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 08:07 | Report Abuse

Old newspaper on sale again? Same old bottle with new wine.?

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:15 | Report Abuse

the ultimate shareholder of xox could be a hongkong company or person :) KUALA LUMPUR (Oct 5): XOX Bhd has emerged as a new substantial shareholder of ACE Market-listed Macpie Bhd, after acquiring a 5.66% stake or 20 million shares in the group in the open market on Friday (Oct 2).

In a filing with Bursa Malaysia today, XOX said it now indirectly owns 9.16% or 32.36 million shares in Macpie, through its Hong Kong-based subsidiary XOX (Hong Kong) Ltd.

Macpie, which has been in the red since 2014, is involved in retail and distribution management, as well as event management.

The group saw its net loss widen to RM8.14 million for the financial year ended June 30, 2020 (FY20), from RM2.77 million in FY19, as revenue fell 24.1% to RM64.93 million from RM85.6 million.

The larger net loss was mainly due to losses at the event management segment and higher impairment losses due to the adverse impact from the Covid-19 pandemic.

Shares of Macpie closed at 49.5 sen today, for a market capitalisation of RM178.88 million.

The counter, which was trading as low as 10 sen at the beginning of August this year, rose thereafter to reach a near 10-year high of 57 sen on Sept 22.

XOX’s shares closed unchanged at 12 sen today, valuing the company at RM386.26 million. Some 173.27 million shares were done, making it the third most actively-traded stock on Bursa Malaysia today.

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:16 | Report Abuse

please quantify the estimated from all projects announced so far and why it reached 39.5sen recently :)

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:17 | Report Abuse

total estimated profit from all announced and confirmed projects, tell us if anyone tahu

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:24 | Report Abuse

likely that the ultimate largest shareholder is hongkis :) Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
MACPIE BERHAD
Particulars of Substantial Securities Holder
Name XOX (HONG KONG) LIMITED
Address 6/F., CNT Commercial Building
No. 302 Queen's Road Central
Hong Kong.
Company No. 2958959
Nationality/Country of incorporation Hong Kong
Descriptions (Class) Ordinary Shares
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building, No. 302 Queen's Road Central, Hong Kong
Date interest acquired

jungleboy

1,042 posts

Posted by jungleboy > 2020-10-06 08:27 | Report Abuse

let see today performance if xox worth to be invested...

tkl88

8,712 posts

Posted by tkl88 > 2020-10-06 08:28 | Report Abuse

‪Walaoeh ! ‬
‪Dow Jones continue it’s bull run by‬
‪spike up 400 over points !‬
Dow Jones closed at=> 28,148.64 (+465.83) (+1.68%) !

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:32 | Report Abuse

if ultimate controlling shareholder is hongkong group, probably no issue with funding even venture into digital banking , they have the connection in china usually :)

Posted by limit_up_soon > 2020-10-06 08:41 | Report Abuse

GOOD123...he is a scam and con. He did that in few forums guving fake news and painting rosy pictures when the goreng is at the tail end. The most recent one was at green packet...

He kep asking people hold hold dun sell and keep copy and paste old news for pages...everyday keep repeating the wamenold positive goreng news...

When the price die down he will disapear. Ans he is very thick skin type no matter what u said or conplain he will keep going on...

PakMuda

1,077 posts

Posted by PakMuda > 2020-10-06 08:41 | Report Abuse

XOX cash rich keep buying other company after M3tech and now MacPie, LOL

ChinaMade

271 posts

Posted by ChinaMade > 2020-10-06 08:48 | Report Abuse

It looks like bad omen when this guy Good123 appear. When he is active promoting in that particular counter it looks like the counter will be in deep shit. Looks at his active promoting comment in netx and greenpacket previously.... all end up habis cerita..

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:49 | Report Abuse

Nasdaq up few hundred points plus xox emerged a substantial shareholder in another listed company. very likely up :)

Good123

25,315 posts

Posted by Good123 > 2020-10-06 08:50 | Report Abuse

behind xox should be a cash rich investor or company based in Hongkong

newbie777

53 posts

Posted by newbie777 > 2020-10-06 08:50 | Report Abuse

@8899EL8899 wa 500k? alot wey lol

PakMuda

1,077 posts

Posted by PakMuda > 2020-10-06 08:52 | Report Abuse

500K share or RM500K? Why keep buying loss making company like M3tech and Macpie. Better buy and take control MyEG. Haiya ..LOL

yusffi

48 posts

Posted by yusffi > 2020-10-06 08:52 | Report Abuse

I'm still hold as a investor " sabar itu duit" banyak comment xde guna x mau beli cabut...

hglee101

168 posts

Posted by hglee101 > 2020-10-06 08:55 | Report Abuse

cash rich from the private placement

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 08:56 | Report Abuse

Invite Hong Kong billionaire to Jack up xox b4 landed 1 ct. Do something or else everyone drown

Posted by limit_up_soon > 2020-10-06 09:01 | Report Abuse

GOOD123...he is a scam and con. He did that in few forums guving fake news and painting rosy pictures when the goreng is at the tail end. The most recent one was at green packet...

He kep asking people hold hold dun sell and keep copy and paste old news for pages...everyday keep repeating the wamenold positive goreng news...

When the price die down he will disapear. Ans he is very thick skin type no matter what u said or conplain he will keep going on...

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 09:06 | Report Abuse

Will he try again this time?

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 09:08 | Report Abuse

Goreng goreng tanpa minyak, goreng pisang goreng keledek

Qbb99

238 posts

Posted by Qbb99 > 2020-10-06 09:12 | Report Abuse

The selling at 12s has slowed down

Good123

25,315 posts

Posted by Good123 > 2020-10-06 09:22 | Report Abuse

reversal of trend, 2 days stagnant at 12sen.

Good123

25,315 posts

Posted by Good123 > 2020-10-06 09:23 | Report Abuse

ramai Yang merebut rebut masuk Beli nanti. jangkaanku :)

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 09:26 | Report Abuse

No more throwing, ikan bilis all dead, shark swallowed and it appears going to hunt big catch in deep sea. Acid test, if cleared the road block no chance to buy 1 ct, watch carefully how sharks moving in deep sea?

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 09:27 | Report Abuse

Once 429398 cleared likely sign of return from holidays

jungleboy

1,042 posts

Posted by jungleboy > 2020-10-06 09:28 | Report Abuse

u turn to uptrend?

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 09:28 | Report Abuse

Slowly slowly catch the monkey haha

Posted by limit_up_soon > 2020-10-06 09:28 | Report Abuse

GOOD123...he is a scam and con. He did that in few forums guving fake news and painting rosy pictures when the goreng is at the tail end. The most recent one was at green packet...

He kep asking people hold hold dun sell and keep copy and paste old news for pages...everyday keep repeating the wamenold positive goreng news...

When the price die down he will disapear. Ans he is very thick skin type no matter what u said or conplain he will keep going on...

Good123

25,315 posts

Posted by Good123 > 2020-10-06 09:29 | Report Abuse

pagi pagi Dah 15juta syer didagangkan :)

5354_

4,754 posts

Posted by 5354_ > 2020-10-06 09:30 | Report Abuse

Macpie today XOX also buy more?

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2020-10-06 09:40 | Report Abuse

Those who sold and never buy back are total loss. Will looser come back again when lifted up? Chances is yes, we are used to gam we are used to gamble though knowing it's goreng tanpa minyak, just like genting casino come back again after loosing money human weakness is always there

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