NETX HOLDINGS BHD

KLSE (MYR): NETX (0020)

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Last Price

0.115

Today's Change

0.00 (0.00%)

Day's Change

0.115 - 0.115

Trading Volume

321,200

IPO Info
File Name: Glosoft-Cover-Definitions-Contents-Summary (655KB).pdf
Discussions
34 people like this. Showing 50 of 66,721 comments

8899EL8899

THE RUBBISH BOSS,

LACK OF KNOWLEDGE RUNNING PROPER BUSINESS,

NETX BUSINESS ONLY FEW MILLION,

BUT THE CORPORATE EXPENSES MORE THAN RM10MIL.

THAT IS WHY ,

PEOPLE CALL THEM CRAP ,

THEY CAN`T WALK STRAIGHT !

2023-08-05 21:02

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

>>>
Blog: 7 Classes of Wealth (Calvin Tan)

1 day ago | Report Abuse

This 3iii tells lie is true.
If Calvin got say sell 8 houses to buy Netx then cut and paste here

What Calvin said is, "Dinosaur 3iii kept Dlady dumb dumb holding from Rm72 to Rm21.50
>>>


2023-08-16 08:21

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

Learning from the mistakes of calvintaneng

Your homework checklist:
1. Know how this company makes money
2. Be able to articulate a thesis for owning the stock
3. Understand how the stock price could increase or decrease
4. Start off as a skeptic of any stock
5. Don't buy into the hype machine

2023-08-30 07:08

whistlebower99

FOR NEWBIES

NOSH = 919564037
WC =313,068,412
Multi quarter and multi year losses

================
Directors good in Fund raising via shares issuance to ESOS, PP, RI or asset acquisition

After NOSH increased to unmanageable level, directors will do shares consolidation to cause huge losses to long term investors

Announced EX Date Subject Ratio Offer

18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300 View
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000 View
04 May 2016 16 May 2016 Rights Issue (warrant) 1 : 1 0.0500 View

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

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

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

===============
Be careful of one day monkey tiger show to generate volume to attract new fishes to the game



2023-09-12 11:58

Why_

Calvin no more post? He cut loss?

2023-09-14 06:22

Why_

Most comments here are bad; why Netx still go up?

2023-09-14 06:23

JettLeong

Why suddenly this company is goreng up today?

2023-09-15 12:03

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 ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")

No. of shares issued under this corporate proposal 83,596,700
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0450
Latest issued share capital after the above corporate proposal in the following Units 919,564,037
Listing Date 08 Jun 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360019

===============
Be careful FUND raising company
Directors will be busy with fund raising activity rather than business profit generation
Easier way to build up company is via shares issuance to PP, ESOS
Maybe directors can use more money to build more shop lots in Sg Wang

==============
NOSH = 919,564,037 will hit BILLION shares again even after share consolidation in 2020
WC = 313,068,412

Announced EX Date Subject Ratio Offer
18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000

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

Shareholders equity % and EPS continue to be dilution with more share issuance

Specially selected Private Placement investors making huge quick easy profit

2023-09-15 12:35

calvintaneng

😀Sq Wang plaza shoplot bought at rock bottom price during Covid 19 time now how much ?

2023-09-15 16:42

Michael Kwok

Netx 11.5
Wahhhh,see wht i write before.8 cents or lower say buy.who follow sure big profit.though never move.august got below 8 cents many times.check the chart i tell the truth.im the nearest when i talk.
15/9/23 8.10pm
Buy call netx 8cents(lower)
Tp 12-15 cents
26/7/23 6.45pm

2023-09-15 20:07

Michael Kwok

Post removed.Why?

2023-09-15 20:08

ncy810116

0.135 unlimited supplier

2023-09-19 10:25

JettLeong

Big buying volume at 13 cents on the other hand

2023-09-19 11:56

whistlebower99

FOR NEWBIES

Multi year loss making penny stock
Directors good in frequent fund raising via shares issuance to PP, ESOS, RI, asset acquisition
When NOSH increased to multi billion shares, directors might do share consolidation again

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

Announced EX Date Subject Ratio Offer
18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300 View
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000 View

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

===============
Trade wisely, set realistic target, don't be caught at high price


2023-09-20 11:08

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

htt p:/ /myinvestingnotes.blogspot.com/2023/09/netx.html
The business of Netx from 2014 to 2023.

2023-09-28 15:10

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

DJThong

He has an army of brainless zombies who report posts but up above he knows what lies someone has told
And the losses they faced which ge brushes off now
But his following is almost nothing now
His groups pitiful and quiet
He croaks but no one responds
SGX listing is almost zero impact
So he must regroup and think of the next big tale to spin

1 hour ago


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

>>>
calvintaneng

Bounce ideas?

My ideas for Netx on its Real Business in Exinda Equipment for Data. I have always believed in it. Management might be another matter. Even so after all your harping Netx is still at 12.5 sen (not 2 sen like Serba )
Netx still got cash and real assets worth Rm90 millions and not insolvent yet like knm

>>>

NETX
Price 0.145 (29/9/2023)
Market Capital (RM) : 133.34m :
Number of Share : 919.56m

10 minutes ago



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

Is calvintaneg a smart or a very too smart guy? I think he is beyond redemption.



8 minutes ago



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

NETX ( RM ,000)
Ann. Date … Revenue … PBT
31-Jan-23 … 13,638 … -16,558
31-Jan-22 … 81,099 … -22,563
29-Jan-21 … 14,897 … -16,919
31-Jan-20 … 9,993 … -29,722
30-Aug-19 … 9,702 … -19,086
29-Aug-18 … 17,567 … -11,323
30-Aug-17 … 19,362 … 1,488
30-Aug-16 … 9,779 … -6,708
27-Aug-15 … 3,581 … -11,077
Total (9 yrs) … 179,618 … -132,468


From 2015 to 2023 (9 years), NETX generated cumulative total revenues of RM 179.6 m.
It made a profit before tax of RM 1.488 m in 2017 only and losses in all the other years.
The cumulative total losses for the 9 years amounted to RM 132.5 m.

How is NETX able to survive all these years? Ask calvintaneng, as he is well versed in the business of NETX. :-)

2023-09-30 13:20

ncy810116

.18 can break then will fly....

2023-10-02 09:19

whistlebower99

FOR NEWBIES

SAUDEE GROUP BERHAD - JOINT VENTURE AGREEMENT WITH NETX HOLDINGS BERHAD

The Board of Directors of Saudee Group Berhad (“Saudee” or the “Company”) wishes to announce that its wholly owned subsidiary, Saudi Cold Storage Sdn. Bhd. (“SCS”) had on 3 October 2023 entered into a Joint Venture Agreement (“JVA”) with NetX Holdings Berhad (“NetX”) for the purpose of setting up and operate the Saudi fast-food outlet under the brand name of SAUDI BURGERTM.

Please refer to the attached announcement and press release for further details.

This announcement is dated 3 October 2023.
https://www.klsescreener.com/v2/announcements/view/5752837

=================
Joint venture is with Saudee Group Berhad
Now we have 2 loss making penny stocks doing business together.
Continue monitor the performance of the JV performance and quarterly report

====================
Announcement from NETX could appear impressive JV with SAUDI !!!

NETX HOLDINGS BERHAD - JOINT VENTURE AGREEMENT WITH SAUDI COLD STORAGE SDN. BHD.

SAUDI COLD STORAGE SDN. BHD. which is a subsidiary company of SAUDEE GROUP BERHAD

https://www.klsescreener.com/v2/announcements/view/5753227

====================
Price might have over appreciated
Set realistic target

2023-10-04 12:12

TokAbah

Fintech pump and dump lorr. Nothing new in this Bursa mah

2023-10-04 15:11

TokAbah

Closing to 0.155? Let see

2023-10-04 15:12

whistlebower99

FOR NEWBIES

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - NETX HOLDINGS BERHAD | https://www.klsescreener.com/v2/announcements/view/5758901

=========
Disposal of 28 million shares of MLAB at huge loss?

Loss making penny stock speculating on another loss making penny stock.
Company fund depleted
Directors can easily raise more fund via shares issuance to PP, ESOS or RI

2023-10-04 22:05

whistlebower99

FOR NEWBIES

Another massive disposal of MLAB shares at huge loss?

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - NETX HOLDINGS BERHAD | https://www.klsescreener.com/v2/announcements/view/5765929

Directors like to lose money speculating on other loss making penny stocks.
When company runs low, directors can raise more fund via share issuance to esos and private placement

2023-10-06 13:56

ncy810116

tq netx...bye first

2023-10-10 10:44

mrfuad87

today moving

2023-10-12 16:11

JJPTR

NETX and SAUDEE joint venture MOU?
if you CHECK MOU of these "print and print and print billion of shares type of companies", last 5 years,so many MOU,but none was executed.Keepannouncing every 3 months,"NO MATERIALDEVELOPMENT"
The only development is "PRINTING OF toilet papers" after each MOU announced
BURGERS? there are thousand of burgers operators ,big and small.
you decide.

2023-10-13 10:37

Lee Ying Yee

US ,,, unfinished stock ???

2023-10-17 14:08

TokAbah

Conman. History repeat itself. Condolences to whose who bought at 21, 20, 19, 18 sen

2023-10-17 16:13

JJPTR

Not long ago, NETX NOSH was 400m shares, now it has become 920m shares.
May be not too long later, it will be 1.84b shares, and price will drop from 16c to 2c after a few PP and ESOS.
And not too long later, it will be 1c
And not too long later it will be 10 to 1 consolidation, this is not the end.
When it reach 1c, the slaughter is about to start.

Netx has $57m cash.
AND Netx has money lending license.
What will the NETX move?

2023-10-25 12:02

ncy810116

green qr

2023-11-01 13:25

gobble

Matilah nak.. Management tahu buat kerja atau tengah tidur?

2023-12-07 11:43

gobble

Teruk sangat

2023-12-07 11:49

Good123

cuci duit dan money laundering kan? siasat, Sc tolong siasat

2023-12-07 21:52

SEE_Research

Post removed.Why?

2023-12-08 20:36

SEE_Research

Post removed.Why?

2023-12-08 20:37

SEE_Research

Post removed.Why?

2023-12-08 20:58

Iamnotasifu

This stock is brewing something

2024-01-09 22:08

calvintaneng

THE PROBLEM OF 3iii IS HE HAS TUNNEL VISION IN INVESTMENT (HE CANNOT SEE WHAT OTHERS SEE)

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2019-12-03-story242906-THE_PROBLEM_OF_3iii_IS_HE_HAS_TUNNEL_VISION_IN_INVESTMENT_HE_CANNOT_SEE_WHAT_OTHERS_SEE

There is really a Big Big Problem with 3iii or iinvestbodoh)

Calvin has been in i3 forum and there are over scores of great calls from year 2013 to now 2024 - 11 long years already)

And out of over one hundred fair, good, great and some fantastiic calls 3iii only keep picking bones on Netx which was a stock for year 2018.

He can blindly bypass those Great Calls which are all taken private at good prices one by one

IjmPlant versus Harta
IjmPlant buy call Rm1.86
KLK Took Private Rm3.10
See
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA

Bplant buy call 57 sen
After deducting 24 sen total dividend
Cost only 33 sen
LTAT takes private at Rm1.55
Up 369%
See
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE

Pelikan buy call 47 sen
After 2 cash payouts already more than 100% gain
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-10-27-story-h1592912951-PELIKAN_5231_CASH_PAYOUT_FROM_PELIKAN_BETTER_THAN_TO_MANY_WITH_RIGHTS_I

Then there are
TheStore
Super Enterprize (up 200%)
Kbunai (up 100%)
Kulim (Up 60%)
Daiman (diamond) Up 40%
Kwantas (up 200%)
Tmakmur (Land of prosperity: Up 38%)
Weida
MMcCorp

All above chun chun taken private

And 30 more Great stocks up from 50% to 3,000%
Will compile them one day

Peter Lynch said diversify into 10 Value Stocks
If 2 or 3 go bankrupt but one is a 10 baggars (that is can up 1,000%)
This one with one thousand per cent profit more than cover 2 or 3 losses
Remember, the maximum loss in a share is 100%. Yet Netx is still listed and traded

SO BETER WAKE UP

2024-01-11 00:42

chamlo

Free 1 for 2 W also not good?

2024-01-12 09:30

stockraider

Do not touch this kon co....Netx loh!

Why leh ??

Too much Esos
Too much Placement at cheap price
Most of Netx cash are use to buy useless assets like shoplot in Sg WanG loh
Also Netx core business....todate is dead duck loh!

Most of the longterm investors of netx had been hit by relentless dilution of its share despite holding their share at cheap price............but it has been cheapen by next management action of esos & placement dilution

2024-01-14 20:10

whistlebower99

FOR NEWBIES

PROPOSED BONUS ISSUE OF WARRANTS

On behalf of the Board, TA Securities wishes to announce that the Company intends to undertake a proposed bonus issue of up to 468,976,320 new warrants in NetX (“Warrants D”) on the basis of 1 Warrant D for every 2 existing ordinary shares in NetX held by the entitled shareholders on an entitlement date to be determined and announced later (“Proposed Bonus Issue of Warrants”).

Further details of the Proposed Bonus Issue of Warrants are set out in the attachment below.

This announcement is dated 11 January 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3413927

================
Directors have many ideas to push up the stock price.
Lots of ideas except from company business performance
Directors will continue fund raising via shares issuance to PP, ESOS
And now warrants issuance to attract retail traders for the benefits of big shareholders
Warrants will eventually ended up in the hands of retailers who will be forced to hold until maturity date will zero value

===========
NOSH = 937,952,641 will cross 1 BILLION shares again after share consolidation in 2020
New WD = 468,976,320

==============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

2 months ago

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

>>>
Stock: [NETX]: NETX HOLDINGS BHD

2020-01-19 20:33 | Report Abuse

calvin


you should not promote so aggressively.

many maybe hurt by your excessive promotions (not me, though).

also, you are too greedy.

i am afraid there will be a lot of blood on the street in this forum if prices are pushed up too high not in keeping with its value.

these prices cannot sustain and many lost money when the manipulators leave.

>>>

1 month ago

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

>>>>

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2020-01-31-story-h1482989954-A_SUMMARY_OF_CALVIN_S_POSTS_ON_A_SUPER_PENNY_STOCK_THAT_CAN_GO_UP_300_5

calvintaneng SINCE CALVIN & FRIENDS STARTED BUYING MORE AND MORE OF NETX ARE NOW TAKEN OFF FROM TRADING EVERYDAY

YOU WON'T SEE LIKE NETX BEING TRADED IN TOP 10 VOLUMES LIKE BEFORE

BECAUSE THOSE WHO BUY NOW ARE LONG TERM HOLDERS

SO THERE WILL BE LESS AND LESS SHARES

UNLESS YOU GIVE EARS TO NAYSAYERS AND WEAKEN YOUR RESOLVE THEN LET GO?

DON'T

DON'T SELL

CANNOT SELL THIS HIDDEN GEM

THIS IS YOUR PASSPORT TO MAKE 300%, 500% OR EVEN 1,000%

SO HOLD TIGHT

:STRONG MEN/WOMEN RETAIN RICHES:
31/01/2020 10:34 A

>>>>

😊

1 month ago

Good123

terbukti, hehe

@JJPTR

YNH is in messy situation. Purchase/joint venture by YNH subsidiary Kar Sin property with GWP over a piece of land. Original purchase price, $150millo, than adjusted to $170m than adjusted to $259m. ($170m+$89m). Final figure was $170m and $89m TO BE REFUNDED. ???? Now the said land resold to Sunway @$170m while YNH waiting for maybe long time for refund of $89m. Similar case of waiting for refund cases 1. AT system $4.4m full payment for glove factory purchase while under due diligence(first time lousy director do S&P in 2021.NOw 3 years already, no sight of refund. 2. Cepat Plantation directors suka suka write a cheque of $12m for their personal use. Almost 15 years of case management, still no refund. 3. TSH sale of land in Indonesia for $735m, got half of the payment, the other half still not received , almost 16 months after the sale. When, nobody knows. 4. Ekran boss Ting Pek Kim receive $700m from Ekran via MONEY LENDING arms of Ekran. Sure enuf, the $700m
is gone till today, after 20 years. (be careful if you see a non finance related company obtaining money lending license)

13 minutes ago

1 month ago

Good123

Penjarakan semua

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

1 month ago

skoh888

Let's see if the SC will call up an accomplice blogger from Singapore

1 month ago

5354_

Up because free W coming soon?

2 weeks ago

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

https://theedgemalaysia.com/article/special-report-hidden-hands-behind-penny-stock-surge?type=malaysia

Home
Special Report: Hidden hands behind penny stock surge
Edge Weekly
Special Report: Hidden hands behind penny stock surge
By The Edge Malaysia / The Edge Malaysia
30 Sep 2020, 06:00 pm
Updated - 08:45 pm

main news image
This article first appeared in The Edge Malaysia Weekly on September 21, 2020 - September 27, 2020

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.

“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.

6 days ago

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