TOP 10 REASONS WHY NETX IS NOW THE BEST BUY FOR NFCP JUST AS VELESTO WAS FOR OGSE, Calvin Tan Research

My buy calls on OGSE Stocks were chun chun because of Petronas Rm30 billions Capex for Upstream. One of them was Velesto at 28 sen

TOP 10 REASONS WHY VELESTO (5243) OR UMW O&G IS THE BEST BUY NOW (Potential Upside 200%), Calvin Tan Research

Hi guys

As most O&G stocks like Carimin, Naim, Dayang & Penergy have gone up 100% to 200% from its lows Calvin has unearthed another Great O&G Stock yet to run up

That Stock is VELESTO (5243) Or UMW O&G

At Its early days of IPO (2013 to 2014) UMW O&G Was As High As Rm4.63

But in Year 2014 Due to Brent Crude Oil price crashed to a low of USD27 Petronas cut down from 39 Oil Rigs to only 14 Oil Rigs

As a result UMW 0&G business contracted & its share price collapsed all the way till now (UMW O&G was later sold to Amanah Saham Bumi) & Name changed to VELESTO

AND NOW THESE ARE SOME VERY GOOD TURNING POINTS FOR VELESTO

1) PETRONAS HAS INCREASED UPSTREAM EXPENSE FROM RM11.5 BILLIONS (2018) TO RM15 BILLIONS (2019) THIS YEAR

That means that there will be EXTRA 30% CASH INFUSION INTO UPSTREAM O&G ACTIVITIES

CARIMIN, DAYANG, PENERGY, BINTULU PORT HAVE SEEN INCREASING REVENUES DUE TO O&G ACTIVITIES FOR YEAR 2018. AND GOING INTO YEAR 2019 IT WILL SEE EVEN MORE ACTIVITIES

All Due to these Factors

2)) Brent Crude Price has gone back up above USD65.00 per barrel

SO IT IS VIABLE TO EXTRACT MORE OIL

3) Govt wants more Dividend from Petronas (Currently Petronas gave Rm24 Billions usual dividend PLUS A Special Dividends of RM30 Billions = Total Rm54 BILLIONS)

4) RAPID REFINERY In Completion also require EXTRA 54.7 MILLION BARRELS OF CRUDE YEARLY

So all these Converging Factors Have Fired Up O&G Stocks

5) VELESTO HAS RECEIVED 6 JOB AWARDS SINCE YEAR 2018

Making a Very Good Track Record of securing over Half a Billion Ringgit Revenue for Year 2018 & 2019

And More Jobs going into Year 2019 as PETRONAS IS STEPPING UP OIL EXPLORATION

6) SEEING SUCH GOOD PROSPECTS AMANAH SAHAM BUMI HAS BOUGHT ANOTHER 31 MILLION VELESTO SHARES

See

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

VELESTO ENERGY BERHAD

Particulars of substantial Securities Holder

Name	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Address	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	766894-T
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	04 Mar 2019	31,133,742	Acquired	Direct Interest
	Name of registered holder	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
	Address of registered holder	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares
Nature of interest	Direct Interest
Direct (units)	3,201,371,044
Direct (%)	38.967
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	3,201,371,044
Date of notice	04 Mar 2019
Date notice received by Listed Issuer	06 Mar 2019

Announcement Info

Company Name	VELESTO ENERGY BERHAD
Stock Name	VELESTO
Date Announced	06 Mar 2019
Category	Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number	CS2-06032019-00005

7) ALTHOUGH VELESTO HAS 8 BILLION SHARES ITS TOP 30 HOLDERS ARE AMANAH SAHAM BUMI, PNB & TOP LOCAL & FOREIGN FUNDS

80% ARE OWNED BY THESE STRONG HOLDERS

ONLY 1.6 BILLION SHARES OR REMAINING 20% SHARES ARE IN FREE FLOAT

8) SINCE PENERGY, CARIMIN & DAYANG HAVE ALREADY RUN UP SO MUCH IN PRICE IT IS A WISE STRATEGY TO TAKE SOME PROFITS IN THESE & BUY SOME LAGGARD VELESTO

9) VELESTO COULD BE ANOTHER DAYANG OR A HIDDEN GEM

10) JUST LIKE NAIM WAS SOLD DOWN TO 45 SEN AFTER CAPITAL EXERCISE VELESTO HAS ALSO BEEN SOLD DOWN TO ONLY 28 SEN (DUE TO CAPITAL EXERCISE RECENTLY)

I CALLED FOR A BUY ON NAIM AT 50 SEN. NAIM REACHED RM1.00 FOR 100% UPSIDE RECENTLY

SO VELESTO IS NOW 28 SEN

WHAT IS THE TARGET PRICE FOR VELESTO?

CALVIN HAS A ONE YEAR TARGET PRICE FOR VELESTO AT RM1.00

SO FROM HERE THERE IS A POSSIBLE 200% OVER UPSIDE

BEST REGARDS

Calvin Tan

Singapore

Please buy or sell after doing your own due diligence

Continue on 16th Nov 2019

VELESTO TOUCHED 41 SEN FOR 46% UPSIDE IN JUST 8 MONTHS

Missed buying Velesto at 28 sen? Now don't Miss NETX NOW

AND THESE ARE THE TOP 10 REASONS FOR BUYING NETX NOW

1) FINANCE MINISTER HAS INCREASED ALLOCATION FOR NFCP FIBERISATION FROM RM21.6 BILLIONS TO A WHOPPING RM50.3 BILLIONS (THIS HAS EVEN EXCEEDED PETRONAS ALLOCATION OF RM30 BILLIONS FOR OGSE)

See

Govt investing RM22b in NFCP over the next 5 years

THE government is investing RM21.6 billion via public-private partnerships in the National Fiberisation and Connectivity Plan (NFCP) for the next five years beginning 2019 until 2023.

Finance Minister Lim Guan Eng (picture) said the NFCP will widen the coverage of high-quality and high-speed broadband Internet nationally, while also ensuring the services are affordable.

“This will lay the groundwork for a comprehensive implementation of 5G in Malaysia, and give Malaysia a first-mover advantage in the era of Industrial Revolution 4.0 (IR4.0),” he said at the 60th Pan-Asian e-commerce Alliance Steering Committee Meeting in Kuala Lumpur recently.

In 2018, the government reformed the broadband market by implementing the mandatory standard on access pricing, which has made the market more competitive and access cost being cut by at least 30%.

Lim also said the government is executing a plan to provide RM20.7 billion worth of cash and non-cash incentives over the next five years to assist companies to transition to IR4.0.

“After all, either you digitalise, or you will not survive. This is the reality that we have to face.

“If we look at the total amount announced in Budget 2020, both fiscal hardware and the software, it amounts to RM50.3 billion over five years,” he said.

With this, the government plans to aid the digitalisation and future-proofing of the nation’s economy by investing in digital infrastructure, reforming broadband market and urging both small and large businesses to accelerate towards IR4.0.

“If we look at the total amount announced in Budget 2020, both fiscal hardware and the software, it amounts to RM50.3 billion over five years,”

SO DIGITAL INFRAR COMPANIES LIKE NETX, OPCOM & REDTONE WILL DO EXCEPTIONALLY WELL

2) NETX IS THE RIGHT COMPANY FOR NFCP BECAUSE IT IS NETWORK INFRAR SPECIALIST

IT HAS ALREADY DONE JOBS FOR TELEKOM FOR YEAR 2011 & AFTER WHICH IT REGISTERED 5 SEN PROFIT WHICH CAUSED IT TO GO UP FROM 4 SEN TO A HIGH OF 26 SEN IN YEAR 2012

NOW NETX IS ONLY 2 SEN. A FAR CRY FROM ITS HAY DAY OF 2012 BULL RUN WHICH IS NOW RETURNING BACK VERY SOON

Questions	Answer
1) www.netx.com.my website is not contactable. I called Ms. Ho the accountant at your office at +603-78878818 She said that it will be up soon. May I know when NetX Company website will be up again? Or is there another website for Netx?	Our NetX website is currently undergoing a major makeover and is estimated to be up and live within 2 weeks time from now. The website address still remains as www.netx.com.my, so do stay tune for the new look soon.
2) In the Annual Report of NETX according to Bursa Website at page 5, I noticed these “phrases repeated thrice” Ø NetX started off dealing primarily in the supply of network equipment and infrastructure (1st line) Ø digital platforms, e-commerce and IT infrastructure among others. Ø Ariantec, a network equipment and infrastructure specialist; Is NetX still supplying network equipment and infrastructure currently?	Ariantec, the subsidiary of NetX Holdings Bhd, is primarily dealing with supply of network equipment and infrastructure, digital platforms, e-commerce and IT infrastructure among others; and also a network equipment and infrastructure specialist. Currently, NetX is still supplying network equipment and infrastructure on a project basis.
3) Digital platforms, e-commerce & IT infrastructure still a pillar?	Yes.
4) According to Bursa filing for year 2011, Ariantec secured a RM19.7 million Job order from Telekom. Are we still in business with Telekom Malaysia Bhd?	At present as we do not carry trading of network equipment and only supply network equipment and infrastructure on a confirmed project basis.