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3iii | Joined since 2015-02-07

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News & Blogs

2023-01-10 14:05 | Report Abuse

Insider purchases and sales noteworthy milestones but no road map to investing success.

You're building a mosaic to decide whether you want to be invested in a company, this is just one piece of the puzzle.

But be careful before you follow in a CEO's footsteps. Knowing how much stock to put into an insider's actions, literally and figuratively, is a tricky business.

The most important aspect that the lay investor should keep in mind is that it is a first screen. Despite that caveat, though, "it's the best one that I know of".

When you see an executive put large sums of money on the line, clearly that's a signal that he feels very confident, but that doesn't necessarily mean that the stock's going to go up.

Some insider buying maybe just simply window dressing or a statement to investors.

It's possible that smaller purchases could be aimed largely at drumming up more buying.

They may hope that the publicity of their having bought will have a positive effect on the direction of the market price.

News & Blogs

2023-01-10 13:33 | Report Abuse

A ready buyer of 500,000 shares everyday. Not much change in the price.
So, there is also a ready seller of 500,000 shares everyday.
It may even be from one pocket or related pocket to another.

News & Blogs

2023-01-10 13:31 | Report Abuse

calvintaneng, the hero of Netx

calvin should know better. In Netx, rights were raised and what happened, the insiders were the buyers! calvin got very excited. insiders were buying. using their own hard earned money. in other counters, calvin often dropped the possibility of privatisation too.

We are seeing the same, same, same promotion from the hero of NETX, calvintaneng; repeated so many times, perhaps, too often.

insiders maybe buying, but you still need to do your own due diligence. There is no way around this.

Stock

2023-01-10 11:47 | Report Abuse

Buying 500,000 shares daily by Mr. Tan
An interesting way of buying.
Trying to understand what is going on.
Is he buying these shares off someone over time?
Maybe passing from right hand into the left hand.

News & Blogs

2023-01-09 23:33 | Report Abuse

Excellent advice from Mr. Koon who is blessed with longevity and good health. Thanks for sharing. Health is physical, mental and social well-being. To have health is to have everything.

Stock

2023-01-09 23:21 | Report Abuse

>>>
Exports of *palm oil alone* itself rose slightly by 0.8% to 14.25 million tonnes in January to November 2022 compared to 14.14 million tonnes in the previous corresponding period, MPOB said.

“As such, palm oil export revenue surged *31%* to RM80.22 billion from RM61.26 billion in the same period of 2021,” MPOB said.

https://www.theedgemarkets.com/node/650017
>>>>

Palm oil export revenues surged 31%. How much did the earnings of the plantation companies grow during this same period?

Is the hero of Netx, calvintaneng too manic in his projections of the profits of plantation stocks?

Stock

2023-01-09 23:09 | Report Abuse

Profits of plantation companies are affected by crude palm oil (commodity) prices which are heavily influenced by many external factors.

- seasonal fluctuation on palm oil production,
- weather conditions
- availability of supply of other major vegetable oils e.g. soya
- labour ssupply in oil palm plantations' FFB harvesting and unloading activities.
- strength of the ringgit
- increase in the oil palm productive areas
- tariffs for palm oil products

Stock

2023-01-09 23:01 | Report Abuse

MPOB also provided data that the *exports of palm oil and other palm-based products* for January to November 2022 increased by 1.3% to 22.43 million tonnes compared to 22.14 million tonnes in the same period of 2021.

It said the higher price of palm oil in January to November 2022 has boosted total export revenue by *31.8%* to RM120.43 billion from RM91.38 billion in January to November 2021.

Exports of *palm oil alone* itself rose slightly by 0.8% to 14.25 million tonnes in January to November 2022 compared to 14.14 million tonnes in the previous corresponding period, MPOB said.

“As such, palm oil export revenue surged *31%* to RM80.22 billion from RM61.26 billion in the same period of 2021,” MPOB said.

https://www.theedgemarkets.com/node/650017

Stock

2023-01-09 22:40 | Report Abuse

Profits of plantation companies are affected by crude palm oil (commodity) prices which are heavily influenced by many external factors.

News & Blogs

2023-01-06 22:43 | Report Abuse

BARGAINS MUST ALSO SATISFY OTHER CONDITIONS.

Just because a stock sells at or below its net asset value does not warrant that it is a sound purchase.

In addition to below market values, the investor also must demand
- a strong financial position,
- a satisfactory p/e ratio, and
- an assurance that the firm’s earnings will be sustained over the years.

This is not an entirely difficult bill to fill except under dangerously high market conditions.

However, the investor will forgo the most brilliant, high growth prospects.

General

2023-01-06 22:42 | Report Abuse

BARGAINS MUST ALSO SATISFY OTHER CONDITIONS.

Just because a stock sells at or below its net asset value does not warrant that it is a sound purchase.

In addition to below market values, the investor also must demand
- a strong financial position,
- a satisfactory p/e ratio, and
- an assurance that the firm’s earnings will be sustained over the years.

This is not an entirely difficult bill to fill except under dangerously high market conditions.

However, the investor will forgo the most brilliant, high growth prospects."

General

2023-01-06 21:22 | Report Abuse

The time to invest in the stock market is after it has suffered a large loss.

General

2023-01-06 20:57 | Report Abuse

Successful investing is not magic, just keep things simple and maybe follow few investing and money rules of thumb and you’ll be fine in the long run.

Investment Mistakes in a Bear Market

1. Selling without any logical reasoning or attention to long-term goals. Often they all miss the fact that they are selling at the bottom to only repurchase them back at the top. Stop selling without a reason, only sell if the fundamentals have changed for the long term or the investment does not fit in your plan, not because everyone else is selling in the market.

2. The only worse thing one can do than selling out in a bear market is stop investing during the bear market. Would you stop shopping if retail prices dropped 30%? No. When you stop investing during a bear market you will miss out on many undervalued investment opportunities which can have great returns in the long run.

3. Some investors start to look at alternative investments, (e.g. gold) because they believe somehow these will perform better than the equity markets. Although alternative investments have their place in a portfolio the excessive focus during bear markets makes them dangerous.

4. Just stop wasting your time and money trying to time the markets. Investors are more likely to time the markets during a bear market, as there are often big swings, which are seen as opportunities by investors, this strategy will only hurt your portfolio.

I know bear markets hurt, but you trying to “improve” things will only make things worse.
What were your investment mistakes during this bear market? What have you learned from them? You know anyone who made these mistakes?

General

2023-01-06 19:49 | Report Abuse

There has always been volatility in the stock market and there always will be. That’s guaranteed as long as humans are the ones making buy and sell decisions.

In the short-term, the reasons for market sell-offs feel like they matter a lot.
In the long-term, investors tend to forget the specific reasons stocks fell in the past.

In the short-term, market downturns feel like they will never end.
In the long-term, all corrections look like buying opportunities.

Regardless of how long this correction lasts, to win in the stock market over the long haul you must be willing to lose over the short-term." -Ben Carlson (emphasis added)

General

2023-01-06 19:44 | Report Abuse

So what do I do with my money in a bear market?

The first thing you need to do is to look for companies and funds that are going to be fine ten or twenty years down the road.

If the market crashed tomorrow and caused Gillette's stock price to fall 30%, people are still going to buy razors. The basics of the business haven't changed.

This proves the third fundamental truth of the market:
3.) You must learn to separate the stock price from the underlying business. They have very little to do with each other over the short-term.

When you understand this, you will see falling stock markets like a clearance sale at your favorite furniture store... load up on it while you can, because before long, the prices will go back up to normal levels.

General

2023-01-06 19:42 | Report Abuse

If you invest with the intent to hold your investments for years down the road, a bear market is a great opportunity to buy.

[It always amazes me that the "experts" advocate selling after the market has fallen. The time to sell was before your stocks lost value. If they know everything about your money, why they didn't warn you the crash was coming in the first place?]

This leads to two fundamental truths:
1.) A bear market is only bad if you plan on selling your stock or need your money immediately.
2.) Falling stock prices and depressed markets are the friend of the long-term investor.

General

2023-01-06 19:40 | Report Abuse

How do they affect my investments?

Generally, a bear market will cause the securities you already own to become undervalued.

The decline in their value may be sudden, or it may be prolonged over the course of time, but the end result is the same: What you already own is worth less [according to the market.]

General

2023-01-06 19:38 | Report Abuse

Though financial losses are linked with the appearance of the bear market, there are also those who gained from the bear market.

Are you strategized to gain from a correction or a bear market?

1929: Papa Bear market
1973-74: Momma Bear market, average stock was down 50%.
1982: Bear market
1987: Crash of 1987, Dow dropped over 1000 points in 4 months; 508 of those points in 1 day.
1990: Saddam Hussen bear market when investors worried about the Gulf War,
1997: Asian Financial Crisis Bear market
2001: Technology Bust Bear market
2008: Credit crunch Bear market

General

2023-01-06 19:37 | Report Abuse

There are a few strategies that investors may take when dealing with a bear market.

- The most conservative way adopted would be to move out from stocks and invest in fixed income securities until the market recovers.

- Some would turn to the defensive stocks, such as those in the industries that are less affected by economic downturn, for example, food or utilities industries.

- The third option that is viable for investors is buying as the market continues to drop further to capitalize on the price reduction. However, investors who adopt this option face the risk of having their cash drying up all before the market reaches the bottom.




What is most important for investors to take note of when making investing decisions is the need for homework; they need to do their homework properly, be it on the company itself or the overall economic situation. This is to ensure that their investment risk is minimised.

General

2023-01-06 19:36 | Report Abuse

Relatively, investing in a bull market is easier as the chances of making losses are low compared to investing in a bear market.

General

2023-01-06 18:27 | Report Abuse

NEW BULL MARKET

A common rule of thumb: a new bull market is marked by a 20% gain from the low for a sustained period of time.

Ned Davis Research, an independent provider of global investment research based in Nokomis, Florida, uses the Dow Jones Industrial Average to track bulls and bears because there is more history associated with the index. They maintain that a
- 30% rise in stocks for more than 50 days, or
- a 13% gain for more than 155 days, heralds the start of a new bull market.


50 DAYS IS APPROXIMATELY 2 MONTHS
155 DAYS = 5 MONTHS

General

2023-01-06 18:24 | Report Abuse

BEAR TRAP
(ALSO KNOWN AS BEAR MARKET RALLY, SUCKER'S RALLY OR DEAD CAT BOUNCE)

What’s a Bear Trap?

Beware the bear-market rally, also known as a bear trap, the sucker’s rally, and a dead cat bounce.

A phenomenon characterized by a swift and powerful rise in stocks, is typically triggered by short sellers covering bets and value investors snapping up the most beaten-down shares, assuming the worst is over only to see the market fall again.

Bear-market rallies tend to be narrowly based, short-lived, and end as swiftly as they started, often leaving investors worse off.

Bear-market rallies are wrapped in days and weeks, not months and quarters.

General

2023-01-06 18:18 | Report Abuse

ht tps://ww w.morningstar.com/articles/1105388/how-do-you-tell-a-bear-market-rally-in-stocks-from-a-new-bull-run

ht tps://ww w.forbes.com/sites/tomaspray/2022/03/27/what-you-need-to-know-about-bear-market-rallies/?sh=f850fe95da61

General

2023-01-06 18:15 | Report Abuse

BEAR MARKET RALLY

An increase in prices during a primary trend bear market is called a bear market rally.
A bear market rally is sometimes defined as an increase of 10% to 20%.

Bear market rallies typically begin suddenly and are often short-lived.



Notable bear market rallies occurred in the Dow Jones index after the 1929 stock market crash leading down to the market bottom in 1932, and throughout the late 1960s and early 1970s. The Japanese Nikkei stock average has been typified by a number of bear market rallies since the late 1980s while experiencing an overall long-term downward trend.

General

2023-01-06 18:13 | Report Abuse

MARKET CCORRECTION

A decline in prices during a primary trend bull market is called a market correction.

A correction is usually a decline of 10% to 20%, but some experts say it can be a third or more.

It differs from a bear market mostly in that it has a smaller magnitude and duration.

General

2023-01-06 18:12 | Report Abuse

Secondary market trends

Secondary trends are short-term changes in price direction against a primary trend.

They usually last between a few weeks and a few months.

Whether a trend is a secondary trend, or the beginning of a primary trend, can only be known once it has either ended or has exceeded the extent of a secondary trend.

General

2023-01-06 17:51 | Report Abuse

Blue Chip Stocks

Large well established firms who have demonstrated good profitability and growth, dividend payout, and quality products and services are called blue chip stocks.

They are usually the leaders of their industry, have been around for a long time, and are considered to be among the safest investments.

Blue chip stocks are included in the Dow Jones Industrial Average, an index composed of thirty companies who are leaders in their industry groups.

They are very popular among individual and institutional investors.

Blue chip stocks attract investors who are interested in consistent dividends and growth as well as stability. They are rarely subject to the price volatility of other stocks and their share prices will normally be higher than other categories of stock.

The downside of blue chips is that due to their stability they won’t appreciate as rapidly as compared to smaller up-and-coming stocks.

General

2023-01-06 17:50 | Report Abuse

Income Stocks

Income Stocks are stock that normally pay higher than average dividends.

They are well established companies like utilities or telephone companies.

Income stocks are popular with the investor who wants to own the stock for a long time and collect the dividends and who is not so interested in a gain in share price.

General

2023-01-06 17:48 | Report Abuse

Value Stocks

Sometimes a company’s earnings and growth potential indicate that it’s share price should be higher than it is currently trading at. These stock are said to be Value Stocks.

For the most part, the market and investors have ignored them.

The investor who buys a value stock hopes that the market will soon realize what a bargain it is and begin to buy. This would drive up the share price.

General

2023-01-06 17:47 | Report Abuse

Penny Stocks

Penny Stocks are very low priced stocks and are very risky. They are usually issued by companies without a long term record of stability or profitability.

The appeal of penny stock is their low price. Though the odds are against it, if the company can get into a growth trend the share price can jump very rapidly. They are usually favored by the speculative investor.

General

2023-01-06 17:45 | Report Abuse

Defensive Stocks

Defensive Stocks are issued by companies in industries that have demonstrated good performance in bad markets.

Food and utility companies are defensive stocks.

General

2023-01-06 17:44 | Report Abuse

Market Timing

One of the most well known market quotes is: “Buy Low – Sell High”. To be consistently successful in the stock market one needs strategy, discipline, knowledge, and tools. We need to understand our strategy and stick with it. This will prevent us from being distracted by emotion, panic, or greed.

One of the most prominent investing strategies used by “investment pros” is Market Timing. This is the attempt to predict future prices from past market performance. Forecasting stock prices has been a problem for as long as people have been trading stocks.

The time to buy or sell a stock is based on a number of economic indicators derived from company analysis, stock charts, and various complex mathematical and computer based algorithms.

General

2023-01-06 17:42 | Report Abuse

DAY TRADERS

Day traders sit in front of computer monitors all day looking for short term movement in a stock. They then attempt to get in on the movement before it reverses. The real day trader does not hold a stock overnight due to the risk of some event or news item triggering the stock to reverse direction. It takes intense concentration to monitor the minute by minute movement of several stocks.

Day trading involves a great deal of risk because of the uncertainty of the market behavior over the short term. The slightest economic or political news can cause a stock to fluctuate wildly and result in unexpected losses.

There are a few people who make respectable gains day trading. The people who probably make the most are the self proclaimed “experts” who sell the books or operate the web sites that cater to the day trader. Because of the profits to be made from sales to people who want to get rich quick, they make it seem as attractive as possible.

The truth is that in the long run more people lose than gain by day trading. This does not translate into a very good investment.

General

2023-01-06 17:34 | Report Abuse

Having a good knowledge of the risk/reward ratio offered by the market is helpful.

The safest time to invest is when the market is at its low.

This is also the time when the downside risk is small, though not completely eliminated, but the potential for upside gain is high.

General

2023-01-06 17:32 | Report Abuse

During the 2007-2009 severe bear market, there were many investors who cashed out of the market, at various stages of the unfolding bear.

Many were happy that their capitals were not at risk during the turbulent bear evolving early stages. They were waiting to re-enter the market when it is 'safe' again.

Just as they might not have cashed out at the 'right time', likewise, they might not have re-entered the market at the 'right time'.

General

2023-01-06 17:30 | Report Abuse

What defines safety for these investors? They are probably referring to not losing their existing capital. Of course, the safest place was the money market or the fixed deposits.

At which point in the bear market will they re-invest into stocks? During the slippery downturn, during the ups and downs, or when the market has turned up convincingly.

I suspect many such investors having 'rescued themselves' or 'cashed out' of their stocks will not put their cash back to work until the market has turned up convincingly. This means they would have lost out on the fantastic return of the market during its early upturn.

General

2023-01-06 17:26 | Report Abuse

Aiming for safety of capital with a reasonable return was the initial goal. With increasing knowledge and skill, perhaps, aiming for safety of capital and higher returns are achievable.
The returns of many investors are compromised by certain knowledge they possess and certain knowledge they do not have. Of course, you may not know what you don't know.
Investing is a life-long passion for some. Having a good investment philosphy and strategy is the key. There is constant learning and re-learning. Some knowledge needs to be unlearned.
As Warren Buffett said, "The chains of habit are too light to be felt until they are too heavy to be broken."

Stock

2023-01-06 17:14 | Report Abuse

Net Asset Value per share of icapital.biz Berhad as at 4 January 2023 is 3.34.

General

2023-01-06 12:25 | Report Abuse

https://www.cnbc.com/2023/01/05/bed-bath-beyond-shares-plummet-as-company-warns-of-deeper-financial-troubles.html
Bed Bath & Beyond warned Thursday it’s running out of cash and is considering bankruptcy.

(Bankruptcy, chapter 11)

Stock

2023-01-06 11:59 | Report Abuse

We hear of calvintaneng mentioning BONIA and OPCOM. Interestingly, calvintaneng did not mention the other 8 stocks of the 10 big bargains he promoted. Typical.

Stock

2023-01-06 11:58 | Report Abuse

From 21.8.2017 to 4.1.2023
(slightly more than 5.5 years)

Gain/Loss
WTK -41%
BJ Corp -6%
MRCB -76%
Bonia 311%
Media Prima -43%
CBIP -44%
MUI -55%
PBA -40%
OPCOM 27%
EIG -66%


https://klse.i3investor.com/web/forum/forum-thread/600130378
Blog: TOP 10 OVERSOLD STOCKS TO BUY NOW WHILE STILL VERY CHEAP! (Calvin Tan Research)

The eagle is either flying purposelessly or lost its sense of directions. Not a very smart eagle, in my opinion. :-)

Stock

2023-01-06 11:56 | Report Abuse

>>>>
calvintaneng

Eagle Vision First Mover

Eagle sees first
Other fying birds follow
Chicken on the ground sees nothing

so chicken go astray by buying rubbish stocks

1 day ago
>>>>>

Very misleading post by the hero of NETX, calvintaneng.

https://klse.i3investor.com/web/forum/forum-thread/600130378
Blog: TOP 10 OVERSOLD STOCKS TO BUY NOW WHILE STILL VERY CHEAP! (Calvin Tan Research)

Stock

2023-01-06 11:42 | Report Abuse

Open
3.03
High
3.07
Low
3.03
Mkt cap
483.31M
P/E ratio
5.10
Div yield
4.95%
52-wk high
3.27
52-wk low
2.77

News & Blogs

2023-01-06 08:23 | Report Abuse


This post applies to the 10 stocks selected by the hero of NETX too.

>>
Best Regards
Calvin

UZMA IF THEY LISTENED TO 3iii WOULD HAVE MISSED 100% UPSIDE AT RM1.10 When Calvin told all to sell & take profit

See

https://www.eaglevisioninvest.com/sell-uzma-sell-carimin-buy-opcom-redtone-netx-others/
>>>>

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?

Stock

2023-01-06 07:59 | Report Abuse

The first post by the hero of NETX on his promotion of NETX in 2019.

A few fellow forum participates shared their cautious remarks on this company.

However, the hero of NETX was adamant and deaf: started talking of the cash in this company.

The hero of NETX continues the same mistakes in subsequent promotions repeatedly.

Did he stop and learn from his mistakes? Pride maybe preventing the hero of NETX from doing so.

Stock

2023-01-06 07:54 | Report Abuse

>>>>>

CharlesT
14,144 posts
 Posted by CharlesT > 2019-09-25 14:05 | Report Abuse
If they still use the same tactic then shares consolidation n rights issues will be coming

FoolsGold
654 posts
 Posted by FoolsGold > 2019-09-25 14:08 | Report Abuse
facts on NETX ,

- last fin. yr, it burned up rm19 m in admin & other operational expenses , even though turnover
was only 17.5 m !

at this rate, the 31m will soon be evaporated within 1.5yrs, real need to raise money again soon


- its share capital is a whooping 3.273 billion shares
to make 0.1 sen net profit per share, it need to have net profit of rm3.273 m, which it cant even deliver

- NETX has the unique distinction of being one of the 3 ACE stks that trade in 1-1.5 sen level,
(the others are EAH & VIVOCOM)

- really scraping the bottom of the barrel of lousy ACE stks, to find a 'winner's

- its a pure gambling stk,, ideal for hard core gamblers
only 1 sen maa... but whn nxt result out, could v well dive to 0.005 sen !

CharlesT
14,144 posts
 Posted by CharlesT > 2019-09-25 14:09 | Report Abuse
Maybe 10 into 1 shares consolidation n then 5 for 1 rights issue at Rm0.10...lol

FoolsGold
654 posts
 Posted by FoolsGold > 2019-09-25 14:11 | Report Abuse
pity the employees, lose their hard earn money, tells a lot on their mgmt..
you trust your money with this company ah ?
Good luck...

stncws
9,522 posts
 Posted by stncws > 2019-09-25 14:36 | Report Abuse
10in1 baru goremg

bargadcapital
190 posts
 Posted by bargadcapital > 2019-09-25 14:54 | Report Abuse 
kwap comin in

FoolsGold
654 posts
 Posted by FoolsGold > 2019-09-25 15:09 | Report Abuse
Asiabio was sold on tp 8 sen, remember ?

could be the guy responsible got a real shelling, when NETX fell to 1 sen,

n thought up a desperate promo campaign on NETX via a win-win formula..

kasim Insider(a substantial shareholder)
Aug-2019 Asiabio Capital sdn bhd Acquired 103,000,000 shares
25/09/2019 2:36 PM

CITADEL
1,858 posts
 Posted by CITADEL > 2019-09-25 15:12 | 
Post removed.Why?

>>>>

>>>>

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 15:47 | Report Abuse 
ACCORDING TO LATEST QUARTER REPORT OF NETX

Cash and bank balances ..... Rm34,849,000 (Rm34.8 Millions) & little debt

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 15:51 | Report Abuse 
SEED MONEY IS SOWN

NOT LOSS

WHEN YOU THROW SEEDS INTO THE SOIL IT IS NOT WASTED

SOIL COVERS SEED AND HIDDEN FROM VIEW

BUT SEED GERMINATES

THEN COMES OUT YOUNG SHOOTS

LATER GROW INTO TREES

ALL GREAT COMPANIES STARTED WITH AN IDEA

AND NETX (BY THE POWER OF THE DIGITAL ECONOMY) IS AN IDEA WHOSE TIME HAS COME!!

>>>>>>

Stock

2023-01-06 07:48 | Report Abuse

>>>>

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 12:33 | Report Abuse 
Very good morning all

Calvin found some facts about Netx

1.Netx is still an IT start up in its early days

2. As such company is still in teething phase of finding its niche in THE DIGITAL ECONOMY

3. To survive management has done its utmost to raise capital. Looks like few banks are willing to finance this start up. So Netx raise its capital by

1. Issuing Esos to Netx employees as high as 4 sen. They raised rm6. 5 millions

2. Then by private placements as high as 5 sen

3. Finally mcquarie Bank invested rm20 millions in Netx shares at 4 sen a piece


All of them are holding Netx shares as high as 4 sen to 5 sen

Now Netx has very little borrowings and still got Rm37 millions in Cash

Rm37 millions is about 1.2 sen per share
BUT netx is so bombed out that is share price has even fallen below cash value

4. As value investor Calvin sees Netx as a potential buy for these reasons:

A. At 1 sen with Nta of 3 sen Netx is selling at a whopping 66% discount which is more than Ben Graham requirement of 33%

B. Of the 3 sen nta 1.2 sen is pure cash

C. Netx could be like hibiscus stilling looking its port of gold here and there till hibiscus struck oil

D. So netx has a very very good survival and prosperity chance going into THE DIGITAL ECONOMY FAT YEARS OF THE NEW IT AGE FOR MALAYSIA

E. TODAY EPF IS GOING ONLINE. THE FIRST IN THE WORLD TO GO INTO THE CLOUD OF CYBERSPACE

F. NETX OFFICIAL WEBSITE STATED THAT IT HELPED TO BUILD TELEKOM INFRASTRUCTURE
IF TELEKOM GETS RM11 BILLIONS OF THE 12MP JOB FOR FIBERISATION THEN NETX WILL GET SOME VERY SUBSTANTIAL JOBS

5. ALL THE EXPENSES OF DIRECTORS (NO CE0 WILL SAVE ON HIGH SALARY) ARE LISTED IN TRANSPARENT MANNER

6. MY RESERVATION WAS NONE OF THE NETX DIRECTORS OWNED NETX SHARES. BUT THEN I DISCOVERED SOMETHING

7. DIRECTORS OF NETX ALSO OWN SHARES IN ASIABIO. AND ASOABIO HAS BOUGHT TENS OF MILLIONS OF NETX SHARES FROM THE OPEN MARKET IN AUGUST 2019

8. WHY INVEST SO MUCH IN NETX BY USING ASIABIO UNLESS THEY ARE SANGUINE ABOUT NETX PROSPECTS IN COMING BUDGET

9. BECAUSE OF THE ABOVE FACTORS CALVIN THINK THERE IS A 70/30 CHANCE NETX WILL BOTH SURVIVE AND PROSPER GOING INTO YEAR 2020

10. WHY YEAR 2020?

BECAUSE YEAR 2020 IS THE YEAR OF THE DIGITAL ECONOMY

YEAR 2019 HAS BEEN A VERY VERY POWERFUL BULL RUN TIME FOR OGSE STOCKS DUE TO PETRONAS RM30 BILLIONS CAPEX

SO WITH RM21. 6 BILLIONS CAPEX FOR THE NATIONAL FIBERISATION THE BULL RUN BATON WILL PASS ON TO INTERNET RELATED STOCKS FOR THE NATION OF MALAYSIA

BEST REGARDS

CALVIN TAN RESEARCH
SINGAPORE

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News & Blogs

2023-01-05 17:46 | Report Abuse

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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

3iii THINKS HE IS SO CLEVER REJECTING ALL OTHERS EXCEPT HIS VERY FEW AND NARROW GROUP OF SLOW GROWTH STOCKS & CALL ALL OTHERS GRUESOME



IN ACTUAL FACT HE HAS A GRUESOME DISTORTED OPPINIONATED WORLD VIEW WITH TUNNEL VISION



3iii IS GRUESOME INDEED!!!



STAY AWAY PLEASE.

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I think this was written in desperation by calvintaneng during our discussions on NETX from 2019 to 2021.

In any case, the hero of NETX title is bestowed on calvintaneng. Given the facts, calvintaneng was not only slightly wrong but absolutely wrong.