[duit's] My reason to buy lower price - N2N

[duit's] e-commence securities AWAKEN! N2N Connect

duitKWSPkita
Publish date: Sat, 08 Apr 2017, 05:19 PM
Several investors ask me the re-entry price for one of the long term stock. I hope I can clarify something today.

This is not to affect the price action as everyone knows I'm working alone cant even can left-right the price action. NO WAY FOR ME WITH MY LIMITED CAPABILITY.
Disclaimer for Duit's publication
 
This publication is for general discussion only.  It does not form part of any offer or recommendation, or have any regard to the investment objectives, financial situation or needs of any specific person.  Before committing to an investment, please seek advice from a financial or other professional adviser regarding the suitability of the sharing for you.  If you do not wish to seek financial advice, please consider carefully whether the finding is suitable for you.

 

Dear All Existing Investors and Potential Investors,

I am always attracted by N2N because of its unique business model (traffic). Trading traffic business is boosted by the increase of the world population and this creates organic growth for the e-commence securities & broking business.

N2N Berhad is a leading provider of e-commerce and mobile commerce solutions for securities trading, N2N is fast paving its own niche in the stockbroking solutions industry. 


#The company's eBrokerConnect online trading engine is licensed by major brokerage firms and banks in Malaysia that wish to offer their customer the ability to trade directly in the stock market using their internet-enabled computers, mobile phones and personal digital assistants-without having to go through a personal broker for each trade. 


#The group's main products include eBrokerConnect which carries subsystems such as PortfolioConnect. Bank Connect, ResearchConnect, eIPOConnect and GlobalConnect. The m-commerce solutions also offered by the company under MobileConnect and SMSConnect applications. MobileConnect enables mobile or wireless equity trading via PDA's and smart phone that operate on WIFI, GPRS, 3G as well as 4G. Besides, the SMSConnect is a software application developed to provide online stock or trading information as well as to facilitate trading transaction via SMS. 


#Since its founding in 2000, N2N has earned numerous industry accolades. It was listed on KLSE on 28-Nov-2005 with a IPO price RM0.41.(Note: N2N has evolved into the intergrated financial trading platform player). 


## LARGEST MARKET PLAYER- N2N has a market share of almost 70% of the investment banks and brokerage companies in the country. N2N has been engaged by more than 15 brokerage houses to implement the replacement of BURSA MALAYSIA's Broker- Front-to-End trading operation. This young and aggresive company has more than 4,000 terminals, comprises a total of 62% of BURSA MALAYSIA terminals and have secured a major contract with Philippine Stock Exchange(PSE) to implement their entire exchange involving 205 brokerages houses. 


-------EXCHANGES business------- 
1)Bursa Malaysia Securities 
2)Singapore Exchange Securities 
3)Saudi Stock Exchange (Tadawul) 
4)Jakarta Stock Exchange (JSX) 
5)The Stock Trading Center of Vietnam (STC) 
6)Philippine Stock Exchange (PSE) 
-------MALAYSIA'S e-Broking business------- 
1)Aseambankers 
2)CIMB Bank 
3)Citibank 
4)Maybank 
5)AmFraser 
6)AmSecurities 
7)Apex Securities 
8)CIMB Securities 
9)HWANGDBS 
10)Kenanga Investment Bank Berhad 
11)PM Securities 
12)SJ Securities 
13)Macquarie 
14)AffinTrade 
15)TA Securities

 

Have a look on its P&L Performance

Remarks: YoY result both Revenue and PBIT are increasing and the most attractive part is the double digit profit margin (27.2%) which can gain competitive advantage when go for competitive market.

 

 

 

Remarks: Cash reserve stands at RM11.17 million. The cash flow margin of 34.77% contributed RM14.54 million for the company. 

 

Chart Analysis:

Interpretation: Similar to INSAS case I would not rush in to buy because I have a long term target of

RM1.160 when Japan, Philippines and Hongkong business greater profit margin profit come into

pipeline.

It is very pleased to share N2N successfully acquired Hong Kong-based financial data and trading

solutions provider AFE Solutions Ltd for US$18.6 mln (or RM82.4 mln) in a bid to expand its regional

presence to Hong Kong.The acquisition will allow the company to combine core technologies from

leaders in the field of capital and finance market, which is in-line with the group’s longterm objective

to become Asia's largest one-stop service provider in the investment financial industry.

 

More info about the regional markt involment you may read from : https://klse.i3investor.com/blogs/PublicInvest/116919.jsp

 

Happy reading

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2 people like this. Showing 41 of 41 comments

稻田·* 片片绿青~粒粒芳香

This article is for discussion purposes. I got no power to affect the price action. Please dont let my findings cloud your judgment.

Thanks and Happy discussing.

2017-04-08 17:19

稻田·* 片片绿青~粒粒芳香

Don't need to sell if you are long term value investor.

Anyway, 0.710 to 0.755 (current) is too small gap. I have something in my mind and will share after next week when timing is right.

2017-04-08 17:21

abangadik

actually they are quite misunderstood and plenty of growth and potential. They mobile platform could be better but I hope they do improve it further.

2017-04-08 17:34

稻田·* 片片绿青~粒粒芳香

slow slow come abangadik.... no rush..... Too much of opportunity jor...

2017-04-08 17:41

abangadik

hahaha no rush at all...

2017-04-08 17:55

稻田·* 片片绿青~粒粒芳香

abangadik.... I see ppl rushing to make money I tell myself jz wait.... Because OLD already. heart cannot support. I see RM200 profit and RM700 losses I worry my heart will get great impact.... Must take care my heart nowdays

2017-04-08 18:01

valueguru

I read the part on publicinvest AFE Solutions and I can conclude that the writer doesn't understand traders mentality. Quote "More importantly however is that N2N will become the largest Asian based platform provider across various Exchanges to enable Institutional, Retail and Proprietary trading." The last thing any trader wants is for someone to mess around with their terminals and that means you either have to offer HUGE incentives (read VERY competitive pricing)to the financial institutions to get your terminals or you really need to offer very good content. To those who think it's so easy to sell terminals, just go check with reps from Bloomberg or Thomson Reuters. I know of people not able to sleep well because they can't hit their sales target and it have been hard for the past few years cos worldwide banks have been downsizing.

2017-04-08 18:06

稻田·* 片片绿青~粒粒芳香

Valueguru... I got you. Thanks ya. Tell me more.

N2N, QL, GDEX and other 4 are my so called retirement counters

2017-04-08 18:09

stncws

I personally like N2N because of its trading traffic feature


WRONG ENGLISH, PLS CHECK!!!

2017-04-08 18:32

TheContrarian

Duit, I thought you retired already. Monday I buy N2N?

2017-04-08 19:01

稻田·* 片片绿青~粒粒芳香

TheCon,

Cannot retire yet. Still many wonderful life mission need to be achieved

2017-04-08 22:51

稻田·* 片片绿青~粒粒芳香

Hahahah...

Very humble mission for u all but very wonderful for me...

2017-04-08 23:28

AllWin

Aiya, duit.. I thought u are promoting Connect Country.. Haha.

2017-04-09 12:18

稻田·* 片片绿青~粒粒芳香

All Win.... This is the very unique e-commence securities counter. I'm not promoting. I urge ppl don't come and buy so I can get lower price.

2017-04-09 17:01

稻田·* 片片绿青~粒粒芳香

N2N has strong recurring operating profit. Good news is the company managed to renew 5-year contracts with its clients. Try to accept the good point of lately acquired Hongkong AFE company will generate more profits and revenue portion for local will be sized down below 70%.

N2N still maintain 80% dividend payout policy. This is something you need not to wait about when to harvest fruits when u buy in now.

2017-04-09 23:09

Tryingtogetrich

Compare to eforce ?

2017-04-10 07:30

John Lu

I busy sapu Insas and N2N. Go go go

2017-04-10 07:31

稻田·* 片片绿青~粒粒芳香

ask ppl don't buy but ppl keep buying

same experience like one of my public speech in University few years back... The moment I say pls respect IP don't take photo all rush to take photo..........

Haih...... reverse psychology still workable sometime

but I seriously don't hope anyone chase N2N high lo

2017-04-10 10:52

lachai2004

This counter had gone up to RM1 2-3years ago, compare to other technology counters, it was not aggressively push by syndicate ! until the operator has changed their tactic !

2017-04-10 11:09

稻田·* 片片绿青~粒粒芳香

Kite bro,

no worries... ARMADA sure will up one day.. I mean if today drop one day also will up.... I don't belive it forever NO UP

2017-04-10 11:26

Smallstar

Duit sifu..I didn't buy N2N and no chase high as per your advice...

2017-04-10 11:43

稻田·* 片片绿青~粒粒芳香

Good smallstar...

Let other untung... Many good counters.. anytime wan to invest also can .... plenty of choice.... I see everyone make big money I worried lo

2017-04-10 11:44

Smallstar

Okay. Noted Duit sifu. Will follow exactly your steps.

2017-04-10 11:57

jackyle

If I didn't remember wrongly N2N were inside duit sifu portfolio competition since early 2017 ;)

2017-04-10 12:04

稻田·* 片片绿青~粒粒芳香

jackyle...It was last year stock pick and due to certain Warrant feature I lose much in the warrant... Now I learn something from it.

This year FINTECH ada REXIT while Finance ada INSAS

2017-04-10 12:08

Blacksails

N2N nothing special, even share trading platform for TA securities not up to international std.

2017-04-10 12:09

稻田·* 片片绿青~粒粒芳香

Blacksails.. I like ur words...pls tell us more about the shortcoming... I really find excuses to enter at lower price.. Badly need your help...thanks in advance

2017-04-10 12:11

jackyle

okie! Rexit still ok to in duit?

2017-04-10 12:23

稻田·* 片片绿青~粒粒芳香

For long term YES...

2017-04-10 12:41

稻田·* 片片绿青~粒粒芳香

Breakdown ur capital into 3 batches if u not sure best entry price. First batch 30%... Then 40% follow by last 30% during a period

2017-04-10 12:42

稻田·* 片片绿青~粒粒芳香

Many way to invest .... Will share more..

2017-04-10 12:52

jackyle

Thanks for the guidance Duit sifu!

2017-04-10 13:18

稻田·* 片片绿青~粒粒芳香

jackyle... why day and night also thanks??? U made money?

2017-04-10 15:22

shunfeng2032

Agreed. this is the best time to acquire and expand their business. a good recurring income biz worth at least over 1.40 if includes the new acquisition biz.

2017-04-10 15:31

jackyle

Duit sifu, yaa made some previously in systech. U always help newbie like me must thanks Day n night.

2017-04-10 15:38

稻田·* 片片绿青~粒粒芳香

hahaha... My peasure...

Don't mind to tell YOU I caused so many ppl lose huge money and most of them hiding... trust me..... LOSERS of mine more than WINNERS... see to believe

2017-04-10 15:41

jackyle

Hahaha u remind me few times ady. Ur sime, insas and pantech projects also benefit a lot ppl. Now insas and N2N hold so strong seems like I need ride speed boat to redeem it back ;)

2017-04-10 15:47

jackyle

Yaa smallstar that why he many followers.

2017-04-10 15:50

稻田·* 片片绿青~粒粒芳香

Jack and Small,

both of U pls don't simply talk...... pls don't add salt or add sugar..... Don't always pull me into water....

2017-04-10 15:53

Panda0205

duitkor,support u always, i learning from you but i make any investment decision on my own.Always buy at own risk guy,we are not god, we make mistake and we keep learning from it.Win or lose money also kind of learning,cheers for all.

2017-04-10 16:58

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