60juta syer ++ traded

Clearing 14sen hebat

Wow 14sen dah dicapai sungguh awal

50mil shares+++ habis 13.5sen sedang disapu bersih

Tiada tertinggal bas haha

Siapa cepat dia dapat

~18mil shares traded , traders Akan join the fun probably

Clearing 13.5sen

13sen habis stock

Surging 10mil shares traded clearing 13sen fast

Started clearing 13sen :)

Warrant traded 12mil. +++ surging

Mother share traded ~6mil :) uptrend

So early warrant traded ~10mil

Sudden surge in price n volume like the past 2 days, fingers crossed

So early ~3mil shares traded . More to come :)

Volume traded: Nov 4 - 170m++, Nov 5 - 150mil++, hari ini 200m or 300m shares traded, teka? :)

Jangan greedy mau hitting upper price limit, balik 20sen++ terdahulu :)

An international market analyst told StarBiz that markets have found their footing from the US election result where a split Congress has averted the risk of a “blue wave”.

“In the event of Trump retaining another term, the risk of a trade war is no longer something new. Meanwhile, Biden taking office would be an added bonus with trade tensions easing, ” he said.

The comments were in line with the performance of key Asian markets with indices rising to multi-week highs. Japan’s Nikkei Index was up 1.7% while China’s composite index gained 1.3% and Hong Kong’s Hang Seng Index jumped 3.2%.

Maybank IB Research expects Budget 2021 to contain measures to spur consumer spending such as via the extension of the sales tax exemption for car purchases, another round of e-wallet credits and incentives for affordable housing.

The research house also anticipates measures to boost investments related to food security, technology adoption such as for automation and digitalisation as well as green investments.

(Nov 6): A global equity rally looked set to extend in Asia on Friday as investors bought into technology and health-care firms on bets the U.S. election results mean no major tax hikes or regulatory changes that could derail those sectors. The dollar slumped to its lowest in more than two years.

The S&P 500 rose almost 2% and is headed for its best week since April. The tech-heavy Nasdaq 100 surged closer to 3%, pushing its advance this week to more than 9%. Futures in Japan and Hong Kong pointed to modest gains. Federal Reserve officials kept interest rates near zero and made no change to asset purchases while stressing that the U.S. economy needs more fiscal and monetary policy support. Gold surged, while Treasuries were little changed. The yen strengthened past the closely watched 104 per dollar level.

“We’re seeing a resumption in leadership from technology,” said Tracie McMillion, head of global asset allocation strategy for Wells Fargo Investment Institute. “It appears markets really like the combination they think is most likely in terms of leadership going forward and that would be a Biden presidency with a Republican Senate.”

These are some of the main moves in markets:
Stocks

The S&P 500 rose 2% on Thursday.
Futures on Japan’s Nikkei 225 gained 0.6%.
Hang Seng futures climbed 0.3%.
Futures on Australia’s S&P/ASX 200 Index gained 0.7%.

:) let’s see.

Limit-up refers to the maximum amount by which the price of a stock may advance in a single trading session while limit-down refers to the maximum price drop allowed. The price band for stocks priced below RM1 on Bursa Malaysia is 30 sen with stocks priced at RM1 and above at 30%.

If Another 100-200mil shares traded today, how high could it reach? :)

Further boost to tech stocks during budget day today probably. :)


The SME sector continues to be the backbone of Malaysia’s economy. The COVID-19 pandemic has forced SMEs to change their business strategies, operations and conduct, as well as to search for new sources and opportunities for business. Whilst SMEs recognize that technology, digital platforms and online trading infrastructure are crucial to survive their challenges, their workforce also needs to be upskilled. During these difficult times, SMEs may also be looking to divest their non-core assets or investments in order to finance their business operations and survive.

As part of Budget 2021, the Government could consider supporting the SME sector in the following manner:

Provide an Investment Tax Allowance on targeted capital expenditure to encourage SMEs to invest in improvements and improvisation to their business operations
Allocate funds by Development Financial Institutions to SMEs to invest in technology, digital platforms and online trading infrastructure
Provide double deduction on training expenditure to reskill or upskill employees
Extend the exemption from Real Property Gains Tax (RPGT) to SMEs disposing real properties during the COVID-19 pandemic period (this exemption is currently only available to individuals)
Provide tax deduction on costs incurred by SMEs in rescheduling and restructuring their existing financing arrangements and in undertaking internal group restructuring, including mergers and acquisitions
Provide stamp duty and RPGT exemptions to SMEs undertaking restructuring or participating in any mergers and acquisitions during the COVID-19 pandemic period
Extend the recently introduced seven-year limitation for the carry-forward of business losses, reinvestment allowance and investment allowance

Surging continues today? Do your homework :)

KUALA LUMPUR (Nov 5): Bursa Malaysia extended its gains to mid-afternoon today with continued buying interest in technology, construction, as well as small- and mid-cap stocks.

At 3.05pm, the benchmark FBM KLCI rose 20.97 points to 1,485.58, after opening 4.25 points better at 1,468.86.

Tech shares in Europe jumped 2.5%, extending a rally of just over 8% this week, while the tech-heavy Nasdaq composite index, S&P 500 and Dow industrials each rose about 2%.

Equities have surged as the size of a fiscal stimulus deal reached in a divided Congress to support the economy is likely to be much smaller than anticipated under a Biden-led blue wave.

But that likely will force the Fed to pump more money into markets, which ultimately supports equities.

The bull continues today :)

MSCI's benchmark for global equity markets rose 2.15% to 591.38, while Europe's broad FTSEurofirst 300 index closed up 0.94% at 1419.84. On Wall Street, the Dow Jones Industrial Average rose 1.95% and the S&P 500 gained 1.95%. The Nasdaq Composite added 2.59%, lifting the tech-heavy index to its highest close since early September when it peaked.

NEW YORK, Nov 5 (Reuters) - The dollar slipped and global stock markets surged on Thursday as investors bet Republicans would be able to halt major policy changes under a Joe Biden presidency, while the Bank of England became the latest central bank to announce more stimulus.

With both Georgia U.S. Senate seats headed for possible runoff elections in January, the state could determine whether Republicans retain a majority in the Senate.

Biden drew closer to defeating Republican President Donald Trump as counting continued from Tuesday's elections, even as the Trump campaign said it expected to launch more legal actions and would emerge victorious.

Investors leapt on the prospect of gridlock in Congress and the notion Silicon Valley will be spared greater oversight if the Democrats in fact are unable to control the Senate.

Tech shares in Europe jumped 2.5%, extending a rally of just over 8% this week, while the tech-heavy Nasdaq composite index, S&P 500 and Dow industrials each rose about 2%.

European stocks hit two-week highs on strong earnings results and after the BofE increased its already huge bond-buying stimulus by 150 billion pounds ($195 billion), or about 50 billion pounds more than expected.

The Federal Reserve kept its loose monetary policy intact and pledged again to do whatever it can in coming months to sustain a U.S. economic recovery threatened by the spreading coronavirus pandemic.

"All indications in the market seem to really be putting this whole event in the rearview mirror, which is a little surprising to me considering how tight some of this stuff is," said Patrick Leary, chief market strategist and senior trader at Incapital in Minneapolis.

Equities have surged as the size of a fiscal stimulus deal reached in a divided Congress to support the economy is likely to be much smaller than anticipated under a Biden-led blue wave.

But that likely will force the Fed to pump more money into markets, which ultimately supports equities.

Rebound is on track based on the extreme surge during the past 2 days... unbelievable valuation and value emerge :)


Net Assets per share attributable to owners
of the Company (RM) 0.02 @ 31/8/2020 (839m less 626m= 213mil shares after consolidation excluding the RI ~626m shares).

Net assets per share after RI based the QR as at 31.8.2020 ~ [(213mil x 25 shares x 2sen) + (626m x 13sen)]/839mil ~23sen#

PB value ~ 0.5x ((harga lelong))

Cash per share ~[RM46m + RM82mil]/839mil = 15sen++ ((kaya tunai))

Disclaimer: recheck yourself

current price level is extremely low historically speaking. No wonder , yesterday 170mil++ shares kena disapu, hari ini pula ~156mil shares++ kena disapu :)

NETX Historical Data (Based on share consolidation 25 to 1)

Time Frame:

Daily
07/01/2020 - 11/05/2020

Date Price Open High Low Vol. Change %
Nov 05, 2020 0.125 0.115 0.130 0.110 157.97M 8.70%
Nov 04, 2020 0.115 0.100 0.120 0.100 170.11M 15.00%
Nov 03, 2020 0.100 0.100 0.110 0.095 22.75M 0.00%
Nov 02, 2020 0.100 0.105 0.105 0.095 15.77M -4.76%
Oct 30, 2020 0.105 0.115 0.115 0.105 8.09M -12.50%
Oct 28, 2020 0.120 0.120 0.120 0.115 653.00K 0.00%
Oct 27, 2020 0.120 0.120 0.125 0.115 3.57M 4.35%
Oct 26, 2020 0.115 0.120 0.120 0.115 2.41M -4.17%
Oct 23, 2020 0.120 0.125 0.125 0.120 3.33M -7.69%
Oct 22, 2020 0.130 0.130 0.135 0.120 6.23M 0.00%
Oct 21, 2020 0.130 0.140 0.140 0.130 8.98M -7.14%
Oct 20, 2020 0.140 0.140 0.145 0.140 4.13M 0.00%
Oct 19, 2020 0.140 0.145 0.150 0.140 7.78M 0.00%
Oct 16, 2020 0.140 0.150 0.150 0.140 7.78M -6.67%
Oct 15, 2020 0.150 0.150 0.155 0.145 3.66M 0.00%
Oct 14, 2020 0.150 0.155 0.165 0.150 14.17M -6.25%
Oct 13, 2020 0.160 0.155 0.160 0.150 3.43M 3.23%
Oct 12, 2020 0.155 0.170 0.175 0.155 13.84M -3.12%
Oct 09, 2020 0.160 0.150 0.165 0.145 14.59M 10.34%
Oct 08, 2020 0.145 0.150 0.155 0.145 4.89M 0.00%
Oct 07, 2020 0.145 0.150 0.155 0.145 3.31M 0.00%
Oct 06, 2020 0.145 0.140 0.165 0.140 27.16M 3.57%
Oct 05, 2020 0.140 0.150 0.150 0.140 7.50M -6.67%
Oct 02, 2020 0.150 0.155 0.155 0.140 6.89M -6.25%
Oct 01, 2020 0.160 0.150 0.160 0.145 12.27M 11.30%
Sep 30, 2020 0.144 0.155 0.159 0.140 11.65M -7.50%
Sep 29, 2020 0.155 0.155 0.159 0.152 6.40M 0.00%
Sep 28, 2020 0.155 0.159 0.163 0.155 11.12M -4.76%
Sep 25, 2020 0.163 0.175 0.179 0.155 17.48M -8.70%
Sep 24, 2020 0.179 0.171 0.183 0.155 29.53M 2.22%
Sep 23, 2020 0.175 0.202 0.233 0.167 31.30M -10.00%
Sep 22, 2020 0.194 0.194 0.291 0.194 13.69M 0.00%
Sep 21, 2020 0.194 0.291 0.291 0.194 4.32M 0.00%
Sep 18, 2020 0.194 0.291 0.291 0.194 1.88M -33.33%
Sep 17, 2020 0.291 0.194 0.291 0.194 909.28K 0.00%
Sep 15, 2020 0.291 0.291 0.291 0.194 768.11K 0.00%
Sep 14, 2020 0.291 0.291 0.291 0.194 441.00K 0.00%
Sep 11, 2020 0.291 0.194 0.291 0.194 714.00K 50.00%
Sep 10, 2020 0.194 0.291 0.291 0.194 1.04M -33.33%
Sep 09, 2020 0.291 0.291 0.291 0.194 778.45K 0.00%
Sep 08, 2020 0.291 0.291 0.389 0.194 5.55M 0.00%
Sep 07, 2020 0.291 0.291 0.389 0.291 2.02M 0.00%
Sep 04, 2020 0.291 0.291 0.389 0.291 4.83M 0.00%
Sep 03, 2020 0.291 0.291 0.389 0.194 11.50M 0.00%
Sep 02, 2020 0.291 0.291 0.389 0.291 932.22K 0.00%
Sep 01, 2020 0.291 0.291 0.389 0.291 5.05M 0.00%
Aug 28, 2020 0.291 0.291 0.389 0.291 1.67M 0.00%
Aug 27, 2020 0.291 0.291 0.389 0.291 2.64M 0.00%
Aug 26, 2020 0.291 0.291 0.389 0.291 1.50M 0.00%
Aug 25, 2020 0.291 0.291 0.389 0.291 1.89M 0.00%
Aug 24, 2020 0.291 0.291 0.389 0.291 1.20M 0.00%
Aug 21, 2020 0.291 0.291 0.389 0.291 1.39M -25.00%
Aug 19, 2020 0.389 0.291 0.389 0.291 1.14M 33.33%
Aug 18, 2020 0.291 0.291 0.389 0.291 1.55M -25.00%
Aug 17, 2020 0.389 0.291 0.389 0.291 3.25M 0.00%
Aug 14, 2020 0.389 0.389 0.389 0.291 1.98M 0.00%
Aug 13, 2020 0.389 0.389 0.486 0.291 11.74M 0.00%
Aug 12, 2020 0.389 0.389 0.486 0.291 34.83M 0.00%
Aug 11, 2020 0.389 0.486 0.486 0.291 79.41M 0.00%
Aug 10, 2020 0.389 0.291 0.389 0.291 26.47M 33.33%
Aug 07, 2020 0.291 0.194 0.389 0.194 60.54M 0.00%
Aug 06, 2020 0.291 0.291 0.291 0.194 1.36M 0.00%
Aug 05, 2020 0.291 0.291 0.291 0.194 4.37M 0.00%
Aug 04, 2020 0.291 0.194 0.291 0.194 2.79M 50.00%
Aug 03, 2020 0.194 0.194 0.291 0.194 2.69M -33.33%
Jul 30, 2020 0.291 0.194 0.291 0.194 2.34M 50.00%
Jul 29, 2020 0.194 0.194 0.291 0.194 1.32M 0.00%
Jul 28, 2020 0.194 0.291 0.291 0.194 2.11M 0.00%
Jul 27, 2020 0.194 0.194 0.291 0.194 1.87M -33.33%
Jul 24, 2020 0.291 0.194 0.291 0.194 2.77M 50.00%
Jul 23, 2020 0.194 0.194 0.291 0.194 1.66M 0.00%
Jul 22, 2020 0.194 0.291 0.291 0.194 1.04M -33.33%
Jul 21, 2020 0.291 0.291 0.291 0.194 2.91M 0.00%
Jul 20, 2020 0.291 0.194 0.291 0.194 15.51M 50.00%
Jul 17, 2020 0.194 0.194 0.194 0.097 8.54M 0.00%
Jul 16, 2020 0.194 0.194 0.291 0.097 35.60M 0.00%
Jul 15, 2020 0.194 0.194 0.291 0.194 686.93K -33.33%
Jul 14, 2020 0.291 0.291 0.291 0.194 530.50K 50.00%
Jul 13, 2020 0.194 0.291 0.291 0.194 631.15K -33.33%
Jul 10, 2020 0.291 0.291 0.291 0.194 686.31K 50.00%
Jul 09, 2020 0.194 0.291 0.291 0.194 1.32M -33.33%
Jul 08, 2020 0.291 0.194 0.291 0.194 1.04M 50.00%
Jul 07, 2020 0.194 0.194 0.291 0.194 1.97M -33.33%
Jul 06, 2020 0.291 0.194 0.291 0.194 299.86K 50.00%
Jul 03, 2020 0.194 0.194 0.291 0.194 341.09K 0.00%
Jul 02, 2020 0.194 0.194 0.194 0.194 727.95K 0.00%
Jul 01, 2020 0.194 0.194 0.291 0.194 234.05K 0.00%

NETX Technical Analysis

52 wk Range 0.095 - 0.486

Summary:
STRONG BUY

Moving Averages:BUYBuy (11)Sell (1)
Technical Indicators:STRONG BUYBuy (7)Sell (1)
Pivot PointsNov 05, 2020 01:25PM GMT
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 0.114 0.117 0.119 0.122 0.124 0.127 0.129
Fibonacci 0.117 0.119 0.120 0.122 0.124 0.125 0.127
Camarilla 0.119 0.119 0.120 0.122 0.120 0.121 0.121
Woodie's 0.112 0.116 0.117 0.121 0.122 0.126 0.127
DeMark's - - 0.117 0.121 0.123 - -
Technical IndicatorsNov 05, 2020 01:25PM GMT
Name Value Action
RSI(14) 59.077 Buy
STOCH(9,6) 68.889 Buy
STOCHRSI(14) 79.600 Overbought
MACD(12,26) 0.003 Buy
ADX(14) 72.999 Overbought
Williams %R -16.667 Overbought
CCI(14) 144.4444 Buy
ATR(14) 0.0082 High Volatility
Highs/Lows(14) 0.0057 Buy
Ultimate Oscillator 47.841 Sell
ROC 19.048 Buy
Bull/Bear Power(13) 0.0230 Buy
Buy: 7 Sell: 1 Neutral: 0
Summary:STRONG BUY
Moving AveragesNov 05, 2020 01:25PM GMT
Period Simple Exponential
MA5 0.123
Buy 0.121
Buy
MA10 0.118
Buy 0.118
Buy
MA20 0.112
Buy 0.114
Buy
MA50 0.111
Buy 0.115
Buy
MA100 0.124
Buy 0.124
Buy
MA200 0.145
Sell 0.117
Buy
Buy: 11 Sell: 1
Summary:BUY

Disclaimer: Tanya Pengurus Dana Anda****************

Volume surging :) volume n price up together.

Can today attain the highest volume beating the past 2 days? All the best :)


Date Close Volume
05/11/2020 0.125 157,969,200
04/11/2020 0.115 170,114,300
03/11/2020 0.10 22,745,700
02/11/2020 0.10 15,774,400
30/10/2020 0.105 8,089,700
28/10/2020 0.12 653,000
27/10/2020 0.12 3,567,700
26/10/2020 0.115 2,413,300
23/10/2020 0.12 3,333,300
22/10/2020 0.13 6,231,200
21/10/2020 0.13 8,978,900
20/10/2020 0.14 4,131,700
19/10/2020 0.14 7,777,700
16/10/2020 0.14 7,777,700
15/10/2020 0.15 3,656,000
14/10/2020 0.15 14,174,900
13/10/2020 0.16 3,426,000
12/10/2020 0.155 13,841,200
09/10/2020 0.16 14,594,100

Otw 1/2sen, the current price is 6x from 0.5sen :)

52 Weeks Range: 0.005 - 0.08

wow, so cool. from another forum :)


Jerry Yan
buy ticket watch movie
12 hours · translate ·
Previous replies (1)

Sanmeos Lim
Huh??? Happy ending ?
Like · 9 hours · translate

Jerry Yan
no lar...just buy and watch movie....

KLCI rises 1.17% on regional rally, lower liners in focus
05 Nov, 2020 13:07pm - 10 hours ago TheEdge

KLCI up over 20 points; buying interest seen in technology, construction stocks
05 Nov, 2020 14:00pm - 9 hours ago TheEdge

returning to 20sen++ otw :) dont worry, be happy :)

Date Price Open High Low Vol. Change %
Nov 05, 2020 0.125 0.115 0.130 0.110 157.97M 8.70%
Nov 04, 2020 0.115 0.100 0.120 0.100 170.11M 15.00%


NETX（0020），真的有好康吗？股价从 RM 0.015 起到 RM 0.230 叻！


对于 NETX 这家公司，有认识我的应该知道它就是第一家让我亏钱的公司（几年前吧） 那时候贪便宜买入这家公司，基本面，技术面，咖喱面什么的都没有看，结果亏了就当是上课呗！



那么，NETX 这家公司股价起了那么多，有好料吗？



答案是 – 没有的，人家只是做 Share Consolidation（股票合并） 简单来说就是 25 股合成 1 股，以减少股票的流通数量，并且也会减少流动性..



那天的 NETX 原本在整合后的价格应该是在 RM 0.250 了，但是最后股价有所下滑 . 因此就到了昨天闭市的 RM 0.230 啦~



那么，为什么公司会做股票合并呢？ 额，一般上公司都是因为股价太高而进行 Bonus Issue 增加流通股，以此达到股票流动性上涨的目的；而这次的 NETX 则是因为在过去有太多流通股，目前在整合后公司还有 209,830,435 股流通股.. 你说整合前有多少呢？



Ok，既然这次的整合没有造成像是上次 IXXX 给投资者带来那么大的伤害 . 我们就不多作评论了，不过公司接下来好像又有搞作？



NETX 在做了 Share Conso 过后，又宣布了要发行 629,491,596（最高）股新股 而且是通过供股携带免费 Warrant 的方式进行的，也就是说每持有 2 股 NETX（整合后），你将会获得 6 股 Rights Share 以及 3 张免费 Warrant，而计算方法则是如下：



A 投资者 持有 2,000 股 NETX，那么他将会获得 6,000 股 NETX-OR（可以让你认购母股的 OR，每股的认购价格则是在 RM 0.130），并且在认购后你将会获得 3,000 股免费的 Warrant，相信这次会是 NETX-WC，而转换价格则是 RM 0.130..



总的来说，投资者 A 将会获得 6,000 股可以以 RM 0.130 购买母股的 NETX-OR（投资金额为 RM 780） 而 NETX-WC 是免费的；不过你要转换的话也是 RM 0.130（转换所投资的金额为 RM 390）



那在投资了这笔金额后，投资者 A 预计会有 11,000 股 NETX 在手上（2,000 股原本持有的 + 6,000 股供股 + 3,000 股 WC 转换的股票）



可是，投资者 B 可以选择什么都不做吗？ 可以的，只是说股价依然会被稀释，公司目前的市值大约是 RM 48 Million 左右，流通股则是 209,830,435 股，那么在供股后最高可以增加到 839,322,031 股（这是在 WC 转换之前），股价会跌吗？呵呵



没错的话，原本 NETX 是打算整合 50 股为 1 股的，但是后来计划发生了变动；而他们收集的资金将会主要用于发展他们的 F&B GEM 平台 以及 GemSpot 还有 GemSpot Lite 的营销活动，当然公司还有提及 Business Intelligence，Data Analytics 以及收购其他公司，但是鉴于 NETX 的过去嘛.. 我还是站在旁边看看好了

无论如何，这篇文章都没有买卖建议，只是跟你说如果你持有 NETX 的话会发生什么事；可是你问我的话 先整合再稀释是我会避免的公司，并且 NETX 在 2006 年的时候（当时他们的名字是 GLOBAL SOFT (MSC) BHD）也做过一次 Rights Issue，在 2016 年进行过 Par Value Reduction，总之，公司很复杂就对了！



P/S：我并没有持有任何 NETX 相关的股票，短中期也没有任何投资他们的打算



- 完 -

Finexia Financial Group Ltd., formerly Mejority Capital Limited, operates within the Financial Services sector in Australasia. The Company is engaged in Broking services, Investment Management and Corporate. Its segments include Broking services and funds management. Its geographic segments include Australasia and China/Hong Kong. The Company focuses on a range of business areas, including Custody, Asset Management, Prime Brokerage and International Equities for its institutional client base. It offers capital markets, prime brokerage, asset management and corporate advisory services. The Company's suite of markets and securities services include broking services for private clients, institutional dealing, local and international equities trade execution, margin lending and options strategies. The Company's suite of Prime Broker solutions include Securities financing, Structured trades and financing, asset protection, and capital introduction and consulting.

Top Executives
Name Age Since Title
Neil Sheather 45 2014 Non-Executive Director
Nicholas McDonald - 2014 Director
Paul Rowles - 2014 Director
Dale Klynhout - 2014 Director
Kam Tin Jean Marc Li - 2020 Non-Executive Independent Director
Patrick Bell - 2020 Executive Director

kenangan sedikit :)


Petaling Jaya, 29 April 2020 – NetX Holdings Berhad (“NETX”) has been keeping it tightly
under wraps as NETX funded and developed, via its wholly owned subsidiary E-FX Sdn. Bhd., a
Point-to-Point currency exchange digital platform with an inbuilt e-wallet function (“E-FX
Platform”) that will disrupt and revolutionise the entire tourism and foreign exchange industry
for decades to come.
“The idea is to solve and eliminate the age old travellers’ frustrations with the need to visit the
traditional brick and mortar currency exchange dealers which entails time and place restrictions
and inflexibility, worries of personal safety from carrying around huge amounts of cash as well
as the uselessness of small unexpended foreign notes that dealers refuse to accept after a
vacation abroad. The last issue was what prompted us to incorporate an e-wallet function into
the E-FX Platform in the first place. Everyone who travels frequently must have felt that
frustration at least once,” shared Mr. Steve Tan, the executive director of NETX who envisioned,
oversees and guides the entire project since the very beginning behind the scenes.
“This E-FX Platform is a true reflection of NETX’s vision and mission to disrupt and challenge
existing industries and markets via innovative technologies that will contribute and bring great
value to our society. Take, for example, the traditional money changers today still rely on
physical tourists to actually transport foreign currency to use as stock for the exchange, which
creates, in times of a global lockdown, an imbalance between demand and supply and thereby
forcing costs to rise drastically. In using the E-FX platform, this can be mitigated” added Mr.
Steve Tan.
The initial roll out and real market testing of the E-FX Platform will be carried out in 2 countries,
Malaysia and Australia. E-FX Sdn. Bhd. has reached out to and inked a collaboration today with
a licensed financial services provider in Australia, Finexia Securities Ltd (“Finexia Securities”)
to introduce, promote and operate the E-FX Platform in Australia. It is an exclusive partnership
that will allow NETX to penetrate into the Australian markets under the steady hand of Finexia
Securities, who specialises in the equity capital markets and possesses ample experience in
dealing with the Australian authorities. Finexia Securities will be responsible to secure as soon
as possible the Fintech regulatory sandbox license from the Australian Securities and Investment
Commission for the initial real market testing of the E-FX Platform in Australia.
The director of Finexia Securities, Mr. Neil concluded, “We are very pleased to have been sought
out to kickstart the E-FX Platform in Australia. We believe that this platform is very apt, relevant
and useful as everything goes digital and we gradually evolve into a cashless society.”

berbahagialah pemegang syer netx :) usahlah peduli pihak yang cemburu dan iri hati. :) ramai dah sakit mental kini .

OTHERS NETX HOLDINS BERHAD - COLLABORATION AGREEMENT WITH FINEXIA SECURITIES LTD
NETX HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description NETX HOLDINS BERHAD
- COLLABORATION AGREEMENT WITH FINEXIA SECURITIES LTD
The Board of Directors (“Board”) of NetX Holdings Berhad (“NetX” or the “Company”) wishes to inform that E-FX Sdn. Bhd. (“E-FX”), a wholly-owned subsidiary of the Company, had on 29 April 2020 entered into a Collaboration Agreement (“Agreement”) with Finexia Securities Ltd (“Finexia Securities”) to introduce, promote and operate the Point-to-Point currency exchange digital platform with an inbuilt e-wallet function (“e-FX Platform”) in Australia.



E-FX is principally involved in the business of all kinds of services relating to information technology including trading of computer hardware and software, software development, software implementation and installation, computer programming, computer consultancy and other ancillary services relating to the computer industry.



Finexia Securities is an Australian based diversified financial services provider with an Asia centric focus, and is the holder of an Australian Financial Services Licence issued by the Australian regulator, ASIC. The company’s core strengths lie in equity capital markets and other global trading markets such as foreign exchange and derivatives.



The Agreement shall commence from 29 April 2020 (“Effective Date”) and shall be for a period of 2 years until and unless otherwise mutually extended in writing or terminated by either party.



Pursuant to the Agreement, as consideration for the exclusive use and operation of the e-FX Platform in Australia, Finexia Securities shall be responsible to generate from the business and operation of the e-FX Platform a minimum total revenue in the amounts (“Target Revenue”) and within the period as follows:



(a) 1st Year from the Effective Date: AUD1,000,000 (Australian Dollars One Million only); and

(b) 2nd Year from the Effective Date: AUD3,000,000 (Australian Dollars Three Million only).



E-FX and Finexia Securities (collectively as “the Parties”) have agreed that any and all profits generated from the spread of forex, remittance, investment, balance floats of the e-FX Platform are to be divided and shared equally between the Parties on a 50:50 basis during and throughout the entire duration of the Agreement.



The Agreement will not have any effects on the share capital and shareholding structure of the Company. The collaboration is expected to have positive contribution to the earnings per share, net assets per share and gearing of the NetX Group.



Similar to all business ventures, there are risk factors affecting the performance of the Agreement, including but not limited to business risks such as prudent financial management, and changes in political, economic and regulatory conditions. However, the Board will continue to exercise due care in considering the risks associated with the Agreement and will take appropriate measures in planning the successful execution of the Agreement.



The Agreement, being entered into in the ordinary course of business, is not subject to the approval of the shareholders.



None of the Directors and/or other major shareholders of the Company and/or any persons connected to them have any interest, direct or indirect, in relation to the Agreement.



The Board, after due consideration, is of the opinion that the Agreement is in the best interest of the Group.



This announcement is dated 29 April 2020.

sudah mau datang disini :)


NetX teams up with Finexia to roll out forex digital platform in ...www.fintech-insight.com › netx-teams-up-with-finexia-...
May 1, 2020 — NetX has teamed up with Finexia to roll out a currency exchange digital platform in Australia with in-built e-wallet functions. The post NetX ...

2015**** tahun yang terindah :)

Top Executives
Name Age Since Title
Ahmad Badli Shah Bin Raja Hussin 51 2015 Independent Non-Executive Chairman of the Board
Chee Peng Chu 48 2015 Independent Non-Executive Director
Ket Inn Yong 62 2015 Independent Non-Executive Director
Sik Eek Tan 42 2015 Executive Director

Ramai yang iri hati/cemburu kejayaan pihak lain, penyakit mental masyarakat.

lagi hebat hari demi hari, mau meletup dah. selamat malam! semoga kaya-raya nanti anda semua :)

warrant netx juga disapu bersih dalam 3 hari semenjak didagangkan, terlalu laris, dah jauh melebihi 50% daripada jumlah warrant yang diterbitkan... terlalu laku... murah gila kot? tempoh masa sebelum tarikh mati ~ 3 tahun, terlalu lama dari sekarang juga :)

Date Close Volume
05/11/2020 0.04 66mil++
04/11/2020 0.04 70,553,600
03/11/2020 0.04 46,221,700

Net Assets per share attributable to owners
of the Company (RM) 0.02 @ 31/8/2020 (839m less 626m= 213mil shares after consolidation excluding the RI ~626m shares).

Net assets per share after RI based the QR as at 31.8.2020 ~ [(213mil x 25 shares x 2sen) + (626m x 13sen)]/839mil ~23sen#

PB value ~ 0.5x ((harga lelong))

Cash per share ~[RM46m + RM82mil]/839mil = 15sen++ ((kaya tunai))

Disclaimer: recheck yourself

semua berita baik dijangka akan menolong harga saham naik berterusan esok :)

Wall Street set to surge as Blue Wave risks fade
By Reuters - 26 minutes ago 9
By Medha Singh and Shivani Kumaresan (Reuters) - Wall Street was set to jump on Thursday as investors bet on a Republican held Senate that would block any moves by a Joe Biden...

tech stocks, e-commerce, blah blah blah... uptrend :)


Alibaba beats sales forecasts on China e-commerce growth
By Reuters - 26 minutes ago
(Reuters) - Alibaba Group beat third quarterly revenue estimates on Thursday, driven by e-commerce growth after China emerged from coronavirus lockdowns, and ..

Insider top mgmt (mgmt buyout) dahagakan syer netx. sungguh indah, bersyukur :) kenangan sedikit !!!!!!!!!!

02-Nov-2020 Board Member Non-Independent Director Redesignation - MR YONG KET INN on 02-Nov-2020.
02-Nov-2020 Insider Notice of new substantial holder - MISS CHARISSA LIM ZHU AI on 27-Oct-2020.
02-Nov-2020 Insider Notice of new substantial holder - MR YONG KET INN on 27-Oct-2020.
02-Nov-2020 Insider Notice of new substantial holder - MR TAN SIK EEK on 27-Oct-2020.

further boost for tomorrow, hurray! :)

Stocks set to march higher

U.S. stock markets are set to open with strong gains for a second straight day, as analysts and investors project their various hopes onto an election result that had previously been seen as the worst of all possible outcomes – a contested result, and a split Congress.

By 6:30 AM ET, Dow futures were up 375 points, or 1.4%, while S&P 500 futures were up 1.9% and Nasdaq futures were up 2.8%.

Wednesday’s price action reflected relief that a Senate successfully defended by the Republican Party would thwart any plans for radical tax increases under a Democratic ‘Blue Wave’. The need to cash out on the stunning gains in, for example, Big Tech stocks over recent years has thus become less urgent.

Another consequence of the result is that a split Congress is unlikely to agree radical reforms of any sort – reducing regulatory risk to sectors such as health care, whose stocks were conspicuous gainers on Wednesday.