NETX HOLDINGS BHD

KLSE (MYR): NETX (0020)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.085

Today's Change

-0.005 (5.56%)

Day's Change

0.08 - 0.095

Trading Volume

3,256,600

Discussions
33 people like this. Showing 50 of 66,854 comments

JJPTR

NetX pays RM20 for Sungei Wang Plaza retail units that come with RM32. 8m court settlement liabilities. KUALA LUMPUR (Sept 3): Loss-making NetX Holdings Bhd is acquiring the holding companies of six retail units in Sungei Wang Plaza that have court settlement liabilities for a nominal sum of RM20.3 Sept 2021

1. LG001-D, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
2346 sq ft

2. T-136, Sungei Wang Plaza, Jalan Sultan
Ismail, 55100 Kuala Lumpur
570 sq ft

3. LG001-2, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
1173 sq ft

4. LG001-1, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
1054 sqft

5.LG001, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
656 sq ft

6. LG001(A) & (B), Sungei Wang Plaza,
Jalan Sultan Ismail, 5
279 sq ft

Lot LG001-2 and LG001-1 under the SWH Properties which is currently rented out
at monthly rental of RM31,000 and RM24,000,

I was in Sg Wang plaza few weeks ago,trying to locate those units purchase by Netx, but could not find a single one after going round for half an hour. Fishy is the feeling i
have. In case you are there, can try locate them.

2023-01-31 12:30

whistlebower99

FOR NEWBIES

Another quarterly result announced.
Another quarter of losses.
Directors only good in fund raising via shares issuance to PP, ESOS and asset acquisition.
Selected lucky PP investors and asset sellers....... Who are they?

===========
Quarterly rpt on consolidated results for the financial period ended 30/11/2022 | https://www.klsescreener.com/v2/announcements/view/4278287

=======
TAYOR, set realistic target

2023-02-02 10:55

whistlebower99

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent -10,025,000

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3325002

Multi-quarter and multi-year of losses continues even after shares consolidation and rights issue.

https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

=============
NOSH = 835,967,337
Expect NOSH to exceed 1 BILLION shares with more shares issuance by directors in near future
WC = 313,068,412

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR

2023-02-02 12:00

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

My observation of the promotion of NEtX by calvintaneng from 2019 to 2021. calvintaneng, to show off to his supporters, followers and his whatsapp group, claimed he sold 8 properties to buy NETX in 2019.

Conclusion and lesson for all in i3: calvintaneng should have some humility.


2023-02-06 06:33

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

>>>

whistlebower99

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

>>>>

This was also pointed out clearly to calvintaneng. Calvintaneng was too proud or blind to contrary comments.

2023-02-07 16:28

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Benjamin Graham: In the short term, the stock market is like a voting machine, in the long term, it is like a weighing machine.

From 2019 to 2021, calvintaneng created a lot of promotional noises on Netx. But the market cannot be fooled. The market will value a company based on its revenues and earnings, and cash flows.

Sadly, Netx is not a well managed company. Its market cap may not have changed much over the recent years, but the amount of dilution of its shares is definitely significant. A lot of capital raised by this company through right issues has vanished without much output noted.

2023-02-07 17:03

Shootup

how to dispose all the shares in hand now when there is no transaction at all, no buy volume ?????

2023-02-09 13:10

whistlebower99

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

============
On behalf of the Board, Malacca Securities Sdn Bhd wishes to announce that Bursa Securities had, vide its letter dated 7 February 2023, resolved to approve the application for a further extension of time of 6 months from 24 December 2022 until 23 June 2023 for the Company to complete the implementation of the Private Placement pursuant to Rule 6.60(1) of the Listing Requirements.

This announcement is dated 7 February 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326156

===========
Slowly but surely for directors to issue new shares.
Maybe let price drop lower to set lower issue price for selected PP investors to make more handsome profits.


Directors good in fund raising via share issuance to PP, ESOS, RI, asset acquisition
Directors still unable to bring in profits from main business operations

============
TAYOR

2023-02-10 10:44

whistlebower99

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

2023-02-10 10:44

Shootup

right issue coming soon.. 3 yrs gone since the last issue

2023-02-15 21:15

Good123

FORENSIC AUDIT DAN MACC INVESTIGATION OTW KOT? HAHAHA

2023-02-17 00:06

Good123

APA PUNYA LANCIAO SYKT... SEMUA PENGARAH TAIK

2023-02-17 00:08

stockraider

Sell lah!
Do npt waste time loh!

2023-02-19 14:46

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Chapter 20 - “Margin of Safety” as the Central Concept of Investment

A single quote by Graham on page 516 struck me:

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company.

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?

2023-02-24 07:19

SEE_Research

Post removed.Why?

2023-03-01 16:09

SEE_Research

Post removed.Why?

2023-03-01 16:22

SEE_Research

Post removed.Why?

2023-03-01 17:38

1234rich

Shit Director...Do Share Consolidated before the price getting damn low now and NOSH lesser. What the hell? Then PP follow by ESOS and other making the company not healthy ..Getting worse.

2023-03-03 17:54

1234rich

Securities Commission , please review your SOP for ESOS , PP and other which always give BAD result to company share price and negative effects for the purpose of investment.

2023-03-03 18:00

DickyMe

Even after consolidation, it sinks!
This is what Calvin recommended a couple of years ago.
So many brought to Holland by Calvin.

2023-03-06 22:19

bbc99

see AZRB, many also brought to Holland by Calvin. After promoted kaw kaw, he disappear

2023-03-07 16:10

stockraider

Should avoid this stock loh!

Bad deal mah!

2023-03-07 20:12

bbc99

Yalo

2023-03-07 20:27

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

>>>>
DickyMe

Even after consolidation, it sinks!
This is what Calvin recommended a couple of years ago.
So many brought to Holland by Calvin.

23 hours ago


bbc99

see AZRB, many also brought to Holland by Calvin. After promoted kaw kaw, he disappear

5 hours ago

>>>>>

Very true indeed.

2023-03-07 21:32

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

On hindsight (20/20 vision), it was obvious calvintaneng had fed this forum with false or misleading information.

The information conveyed by calvintaneng to this forum was at best very exaggerated and at worst, false or completely fabricated.

Be wary.

2023-03-07 21:37

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Communication channels used by pump and dump schemes:
emails
SMSes
webinars
youtube channels
twitter
whatsapp
telegram
newsletters, among others.

How to stay safe?
ALWAYS do your own research and be wary of unsolicited investment offers.Go through the company financials before buying its stock.

2023-03-07 21:42

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Don't fall for every stock advice

Today, social media platforms are filled with influencers, of finfluencers, who share stock tips to investment strategies.

Pump and dump - DUMPING

Once the stock soars, those involved in the operation (insiders and brokers) engage in DUMPING the shares at a highercprice, causing a dip in stock prices.

2023-03-07 21:50

bbc99

Imagine Conman writes long story to entice people to buy, even up 2 sen, conman can gain huge profit and after that disspear. he appears at another stock to promote again. This tactic he uses for many many years.

2023-03-08 09:45

Shootup

small company like netx can easily become pn17 member, u dont know what is the business doing, reports dont articulate well enough for deep insights into its business development, invention, detailed future plan. i hope u calvin and gang are not supporting money laundering while u all group buying into netx 4yrs ago.... 95% loss since then... HOW TO RECOVER? IS THERE STILL PROSPECT?

2023-03-08 17:01

Good123

Koyak segalanya :)

Syabas kpd kerajaan perpaduan membanteras jenayah kolar putih

https://thecorporatesecret.com/blog/2023/03/09/selepas-victor-chin-fail-peguam-mafia-korporat-chong-loong-men-pula-terbongkar/

2 months ago

1234rich

Integrity Pegawai SC menjadi?

2 months ago

bbc99

CONMAN and Conman, Cal

2 months ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

1. Great minds talk about ideas
2. Good minds talk about things
3. Weak minds talk about people

2 months ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

>>>>

bbc99

Imagine *Conman* writes long story to entice people to buy, even up 2 sen, conman can gain huge profit and after that disspear. he appears at another stock to promote again. This tactic he uses for many many years.

3 weeks ago
>>>>

*Weak mind*

2 months ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

>>>

#whistlebower99#

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

>>>>

This was also pointed out clearly to calvintaneng. Calvintaneng was too proud or blind to contrary comments.

1 month ago

>>>>>


#great mind# talks on ideas



2 months ago

stockraider

Enough lah!
Stop harping on rubbish here loh!
Move on mah!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 hours ago | Report Abuse

1. Great minds talk about ideas
2. Good minds talk about things
3. Weak minds talk about people

2 months ago

ybss99

Brother of CONMAN, don't show your cannon lei, lah lei mah..........Hahaha

2 months ago

ybss99

Cloneman of conman

2 months ago

Tuttobuno

Game over.

Calvintan is a conman ….

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Having the right temperament is so important. It is obvious now that NETX at 1 sen per share in 2019 when promoted in this forum was a very expensive stock indeed. Hope you did not find out through directly participating in it, like a Singaporean who sold many of his houses to own this “very cheap stock.”

Summary:

“A 1 sen stock can be the most expensive and a RM 100 stock can be undervalued.”

3 weeks ago

stockraider

Btw 1 sen in 2019 is not expensive compare to its balance sheet value loh!

But it is own & run by dubious people....thus investors should avoid this type of store loh!

Raider make a mistake promoting this stock....although is very lucky to make 2 MYV on this netx play loh!

The moral of this story is to avoid dubious stock ....as company run by people that is trust worthy is a must loh!

To avoid getting kon loh!

3 weeks ago

whistlebower99

FOR NEWBIES

VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 9 May 2023

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

3 weeks ago

whistlebower99

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

The Board of Directors of NETX Holdings Berhad (“NETX” or “the Company”) wishes to announce that the Company and Malacca Securities Sdn. Bhd. (“Malacca Securities”) have mutually agreed to terminate Malacca Securities’ services as the Principal Adviser and Placement Agent of the Company in respect of the Private Placement with effect from 19 May 2023 (“Termination”).

Following the Termination, TA Securities Holdings Berhad has been appointed as the new Principal Adviser and Placement Agent of the Company in respect of the Private Placement.

This announcement is dated 19 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3353231

https://www.klsescreener.com/v2/announcements/view/4830413

https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

=================
Be prepared for directors to raise more fund via massive share issuance to PP or even ESOS

Company fund will increase further
Directors have more money now to purchase more shop lots in Bukit Bintang or Sg Wang
Directors also have power to issue shares to acquire assets from friendly parties at good price

Retail holders will see their shareholding equity % diluted

=================

2 weeks ago

Investgaogao

'Shell' company for money laundering

1 week ago

whistlebower99

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the Private Placement at RM0.045 per Placement Share (“Issue Price”).

The Issue Price represents a discount of 10.00% to the 5-day VWAP of NETX Shares up to and including 26 May 2023 of RM0.050, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 29 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356022

===========
Directors set low issue price for PP investors
PP investors make quick easy profits
Retailers see their shareholding equity % diluted

============
PP investors name not announced!!!!
Who are they related to?

=============
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

Multi year loss making company
Directors no need to generate profits from business
Directors just need to issue more shares to raise money for company fund


5 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Big biggest fool in Next from 2019 to 2021 was calvintan of Singapore fame.

8.11.2019 39 sen per share
24.12.2020 14 sen per share
24.12.2021 12 sen per share
21.12.2022 7 sen per share

2 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥


>>>>
calvintaneng

I have studied Netx many rounds and I can come to one conclusion

At 1.5 sen with coming Rm21.6 billions for NFCP I think my chance of being another Chun Chun call is at least 80% in my favour

2019-10-09 08:57


calvintaneng

Netx has very very clean balance sheet
Even better than Opcom and Redtone

2019-10-09 08:58
>>>>>

2 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Blue flags flying again.


>>>>

whistlebower99

4,255 posts

Posted by whistlebower99 > 2 days ago | Report Abuse

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the Private Placement at RM0.045 per Placement Share (“Issue Price”).

The Issue Price represents a discount of 10.00% to the 5-day VWAP of NETX Shares up to and including 26 May 2023 of RM0.050, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 29 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356022

===========
Directors set low issue price for PP investors
PP investors make quick easy profits
Retailers see their shareholding equity % diluted

============
PP investors name not announced!!!!
Who are they related to?

=============
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

Multi year loss making company
Directors no need to generate profits from business
Directors just need to issue more shares to raise money for company fund



Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

11,582 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 14 hours ago | Report Abuse

Big biggest fool in Next from 2019 to 2021 was calvintan of Singapore fame.

8.11.2019 39 sen per share
24.12.2020 14 sen per share
24.12.2021 12 sen per share
21.12.2022 7 sen per share


Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

11,582 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 14 hours ago | Report Abuse


>>>>
calvintaneng

I have studied Netx many rounds and I can come to one conclusion

At 1.5 sen with coming Rm21.6 billions for NFCP I think my chance of being another Chun Chun call is at least 80% in my favour

2019-10-09 08:57


calvintaneng

Netx has very very clean balance sheet
Even better than Opcom and Redtone

2019-10-09 08:58
>>>>>

2 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Blue flags flying again.


>>>>

whistlebower99

4,255 posts

Posted by whistlebower99 > 2 days ago | Report Abuse

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the Private Placement at RM0.045 per Placement Share (“Issue Price”).

The Issue Price represents a discount of 10.00% to the 5-day VWAP of NETX Shares up to and including 26 May 2023 of RM0.050, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 29 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356022

===========
Directors set low issue price for PP investors
PP investors make quick easy profits
Retailers see their shareholding equity % diluted

============
PP investors name not announced!!!!
Who are they related to?

=============
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

Multi year loss making company
Directors no need to generate profits from business
Directors just need to issue more shares to raise money for company fund



Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

11,582 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 14 hours ago | Report Abuse

Big biggest fool in Next from 2019 to 2021 was calvintan of Singapore fame.

8.11.2019 39 sen per share
24.12.2020 14 sen per share
24.12.2021 12 sen per share
21.12.2022 7 sen per share


Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

11,582 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 14 hours ago | Report Abuse


>>>>
calvintaneng

I have studied Netx many rounds and I can come to one conclusion

At 1.5 sen with coming Rm21.6 billions for NFCP I think my chance of being another Chun Chun call is at least 80% in my favour

2019-10-09 08:57


calvintaneng

Netx has very very clean balance sheet
Even better than Opcom and Redtone

2019-10-09 08:58
>>>>>

2 days ago

Post a Comment