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2014-12-08 12:33 | Report Abuse
Please take note that the email from Nexgram is genuine....
corporate@nextnationnet.com
2014-12-08 12:28 | Report Abuse
Email from Nex Gram......
Dear Valued Shareholder,
There could be many reasons (including strategic reason) for a company's major shareholder to dispose (and acquire) company's share from time to time, but please rest assure that the major shareholders still owns substantial amount of share through holding company, and they are here to stay for the long-term.
We as a company are always here to increase long term shareholder's value. Thank you for your concern and have a nice day!
Regards,
Investor Relation
2014-12-08 12:01 | Report Abuse
ozzie75.....Sumatec is in the list..... :-)
2014-12-08 09:01 | Report Abuse
O& G stocks up...others will folow....
http://www.nst.com.my/node/60157
BURSA Malaysia can stage a minor technical rebound this week after being dampened by plunging oil prices in the past few weeks.
Affin Hwang Capital vice-
president and head of retail research Datuk Dr Nazri Khan said the stock market experienced heavy selldown in oil and gas counters last week because of a dip in crude oil prices.
“Bursa Ma-laysia may rebound this week as the stock market was oversold due to the plunging oil prices last week. I expect the market to correct itself and this would be a good time for bargain-hunting of oil and gas stocks,” Nazri told Business Times in a phone interview.
Crude oil prices declined to its lowest in five years, sending oil and gas-linked stocks lower, after Opec decided not to trim oil production output despite a glut in supply and the United States taking a step back in imports but carrying on with exports.
Last Friday, share prices on Bursa Malaysia rebounded to close 3.68 points higher to 1,749.37 after being in the red for four consecutive days, because of poor oil prices. However, it was still lower than the previous week’s 1,820.89-point closing.
“There is no reason for oil prices to weaken as the economies of China, Brazil and India are growing strongly and they have big demand for oil. So I blame Opec for plunging oil prices,” he said.
Nazri is recommending stocks like AirAsia, OldTown Bhd and Nestle as he expects them to hold strong because of the current school holidays, upcoming Christmas and New Year celebrations.
2014-12-08 07:18 | Report Abuse
DH :-)
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DreamHunter Posted by andychucky28 > Dec 7, 2014 04:48 PM | Report Abuse
You are so obvious the dumno who do not even have facts to talk but still like to twist turn and cheat new comers.
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And how are you so sure that your so called 'fact' is always the absolutely correct one?
Simply calling someone else a 'dumbo' does not necessarily make one a fount of wisdom, you know.
Just like calling someone else a 'loser' does not necessarily make one a perennial sure winner.
08/12/2014 03:18
2014-12-07 23:08 | Report Abuse
Fam Jenny ......No right or wrong in giving opinions.....I always look at numbers....but I have my reservation too...see how lah....
2014-12-07 22:56 | Report Abuse
tklim posting make sense to me...
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Posted by tklim > Dec 7, 2014 03:04 PM | Report Abuse
Relax...don't feel so depressed.....NG is 52 weeks low....
Follow the BIG BOYS...Accumulate....
Technology stocks is on the card....
Nextnation Communication Berhad (Nextnation) is a Malaysia-based investment holding company. The Company operates through its subsidiaries, which include Nextnation Network Sdn. Bhd., engaged in programming services, software development, Internet consulting and provision of information technology services; Gates Mobility Holdings Sdn. Bhd. (formerly Nextnation Techcity Sdn. Bhd.), engaged in property investment; Nextnation Collections Sdn. Bhd., engaged in development and distribution of retail mobile application solutions, and Godynamic Investments Limited, engaged in investment holding.
http://klse.i3investor.com/blogs/rhb/65865.jsp
RHB Research
Technology - Buy On Weakness
We upgrade the technology sector to OVERWEIGHT following the recent selldown in the local equity market. This is underpinned by our view that global sales of smart devices would continue their positive momentum on cheaper price points. The introduction of more affordable wearable devices and the launch of Windows 10 could spark further re-rating into 2015. Our Top Buys are Inari and Datasonic.
2014-12-07 22:37 | Report Abuse
Fam Jenny........Aiyooooo...What are you talking about delisting here?
Don't make sweeping statement......
2014-12-07 22:33 | Report Abuse
oil price up....other expenses also up .......our pocket shrink.....
oil price down.....other expenses also up......economy bad......our pocket also shrink...
how????...Very cruel...
2014-12-07 22:20 | Report Abuse
Not impossible....Petronas shares went up.....Institution went in like nobody's business....
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Dec 6, 2014 10:38 AM | Report Abuse
Najib is hinting........Get ready Oil Price will spike....
http://www.utusan.com.my/berita/nasional/kerajaan-ambil-langkah-ringankan-beban-rakyat-jika-harga-minyak-naik-najib-1.32922
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simon333 Smart guy with smart brain ! Tomorrow confirm burst ! Monetary policy is ending for oil issue ! Rebound show is last weapon America adjust back oil price to $ 100 per barrel . All this just eye block America prevent public focus on their bad debt in loan which already manual period !
07/12/2014 22:06
2014-12-07 22:07 | Report Abuse
I believe you......Not impossible.....Sumatec is 52 weeks low....
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simon333 Wake up is necessary because too low price in 60 day accumulative figure line ! Any time burst back to previous normal price which is 0.37 at least in short term ! Figure up by PHD chan , professional in Kentucky u .
07/12/2014 21:57
2014-12-07 17:11 | Report Abuse
agreed...
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Musashi57 Looks like all variables will come into play and dust will settle soon he3
07/12/2014 17:04
2014-12-07 17:06 | Report Abuse
???? Every body can speak out...including you.......no issue...right?
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andychucky28 You are so obvious the dumno who do not even have facts to talk but still like to twist turn and cheat new comers.
07/12/2014 16:48
2014-12-07 15:52 | Report Abuse
just to share that RHB is technology stock specialist...
Nexgram is at 52 weeks low......How?......Can rebound?.....Very very cheap....
https://au.finance.yahoo.com/echarts?s=0096.KL
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Fam Jenny The chart is outdated,does anybody have new chart from Sept to November 2014
07/12/2014 15:46
2014-12-07 15:36 | Report Abuse
tklim.....Thanks.....I said it before NG is on RHB watchlist........
http://klse.i3investor.com/blogs/rhb/58422.jsp
2014-12-07 15:29 | Report Abuse
Article wrote by JEWS...Bad Propaganda...
They are actually in denial stage of dying of natural death...
I predict at most 2 weeks to one month.....Shale OIL will KAPUT...
OPEC knows it...
PETRONAS shares went up..I don't think it is a coincidence
agreed with martin555.....react opposite sure win
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Posted by andychucky28 > Dec 7, 2014 01:24 PM | Report Abuse
http://www.theecologist.org/News/news_analysis/2661778/lower_oil_prices_are_here_to_stay_thank_lossmaking_shale_and_tar_sands_not_opec.html
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Posted by martin555 > Dec 7, 2014 02:23 PM | Report Abuse
react opposite sure win , when people said buy , dont buy or people said dont buy , u buy more ! understand .
2014-12-06 23:10 | Report Abuse
Some oil people are saying that OIL will stabilize 75-80.....I think that's why Najib come out with a statement to prepare himself....my 2 sen opinion....Anything can happen....
2014-12-06 23:06 | Report Abuse
simon333/martin555.......Are you a chartist?......Can you have a look at Sumatec's ADX indicator scale and share with us ...thanks..
2014-12-06 23:02 | Report Abuse
Depends on how we interprate.....could be anything...
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Jasonhk 86868...that's for local Ron95 price. I don't put any hope on that. Hahaha...
06/12/2014 22:56
2014-12-06 22:55 | Report Abuse
antz
We see how lah.....Petronas shares went up.....today najib say something the government will do something in the event oil price spike......coincidence?
is najib hinting oil price going up soon?
http://www.utusan.com.my/berita/nasional/kerajaan-ambil-langkah-ringankan-beban-rakyat-jika-harga-minyak-naik-najib-1.32922
2014-12-06 22:38 | Report Abuse
Antz .....I hope for a rebound......
Dec 6, 2014 10:08 AM | Report Abuse
Nexgram is at 52 weeks low......How?......Can rebound?.....Very very cheap....
https://au.finance.yahoo.com/echarts?s=0096.KL
2014-12-06 21:48 | Report Abuse
Whatever.....
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Posted by martin555 > Dec 6, 2014 09:46 PM | Report Abuse
86868 , he said u are the criminal , the black hand head being kill , u are the murder , understand .
2014-12-06 21:31 | Report Abuse
mmmm.....I don't get what you mean....
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simon333 868686 is more possible ! Quiet mean the possibility is more high . ! Sorry , always privated spy predict .
2014-12-06 21:28 | Report Abuse
Antz...
Dec 6, 2014 07:19 AM | Report Abuse
I think Nexgram should be moving NORTH...
0.075 >0.079> 0.086>0.093>0.09> 0.10>0.107>0.115> 0.115>0.12............... 0.20-0.30-0.40 (maybe possible)
As of today, the stock price of Nexgram Holdings Bhd is RM0.07. Nexgram Holdings Bhd's graham number for the quarter that ended in Jul. 2014 was RM0.15. Therefore, Nexgram Holdings Bhd's Price to Graham Number ratio for today is 0.53.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
2014-12-06 13:04 | Report Abuse
ozzie 75 / YkJohn11.....We see how lah.....Petronas shares went up.....today najib say something the government will do something in the event oil price spike......coincidence?
2014-12-06 12:19 | Report Abuse
I am only sharing information......No worries....Thank you and good luck...
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69_69 86868 ENOUGH OF YOUR DESPERATE SALES PITCH DUDE. PEOPLE ARE NOT LISTENING FED UP AND DISGUSTED ENOUGH IS ENOUGH. ONLY THING THAT WILL SAFE SUMATEC IS ANNOUNCEMENT BY HS OR MGMT.
AND YOU BETTER WATCH YOUR NEXGRAM IT'S GOING DOWNHILL, SLOWLY BUT SURELY.
CHEERS!
P/S NO NEED TO 'FARK ME' IT ONLY SHOW YOUR TRUE COLOURS. HAHAHA
06/12/2014 11:13
2014-12-06 11:10 | Report Abuse
i3investor2832 ....This week transactions mainly accumulation at the average of 90-95% Buy....
2014-12-06 10:38 | Report Abuse
Najib is hinting........Get ready Oil Price will spike....
http://www.utusan.com.my/berita/nasional/kerajaan-ambil-langkah-ringankan-beban-rakyat-jika-harga-minyak-naik-najib-1.32922
2014-12-06 10:32 | Report Abuse
steveooikp......rightfully it should rebound......
2014-12-06 10:08 | Report Abuse
Nexgram is at 52 weeks low......How?......Can rebound?.....Very very cheap....
https://au.finance.yahoo.com/echarts?s=0096.KL
2014-12-06 09:40 | Report Abuse
Chris Dalton is under water too.....No worries....Sumatec will fly again...Just timing...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1731257
2014-12-06 07:19 | Report Abuse
I think Nexgram should be moving NORTH...
0.075 >0.079> 0.086>0.093>0.09> 0.10>0.107>0.115> 0.115>0.12............... 0.20-0.30-0.40 (maybe possible)
As of today, the stock price of Nexgram Holdings Bhd is RM0.07. Nexgram Holdings Bhd's graham number for the quarter that ended in Jul. 2014 was RM0.15. Therefore, Nexgram Holdings Bhd's Price to Graham Number ratio for today is 0.53.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
06/12/2014 01:57
2014-12-06 01:14 | Report Abuse
Nex Gram is oversold to the bone........
2014-12-05 22:37 | Report Abuse
Wow....antz ...your sifu very smart lah....profitable company go into PN17 and delisted worrr....I scared Petronas also will go into PN17 worrr....Bursa also go into PN 17 worrr....I don't know got new regulation worr.....wahhhh
2014-12-05 18:15 | Report Abuse
Haiyaa...what to do...Hold lorrr....Anything can happen maaa....Who knows...maybe next week 30-40sen......Fair value price maaaa....LOL
2014-12-05 18:07 | Report Abuse
Base on the article.....US have no choice .....Oil Price will shoot up sooner than any one of us expected....USD 82 per barrel is on the card.....my 2 cents opinion...
http://www.reuters.com/article/2014/12/05/us-oil-investment-idUSKCN0JJ0CV20141205?feedType=RSS&feedName=GCA-Economy2010
2014-12-05 17:53 | Report Abuse
(Reuters) - Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by the end of the decade.
read more....
http://www.reuters.com/article/2014/12/05/us-oil-investment-idUSKCN0JJ0CV20141205?feedType=RSS&feedName=GCA-Economy2010
2014-12-05 15:16 | Report Abuse
Sumatec Boss and the Gang..... Playing YO-YO......haiyaaa...
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Ring At Bursa Malaysia, Petronas Dagangan rose the most, up 72 sen to RM16.72 while Petronas Gas added six sen to RM21.10 and Petronas Chemicals added four sen to RM5.43. SKPetro added two sen to RM2.51 but Perisai fell one sen to 52.5 sen.
2014-12-05 14:08 | Report Abuse
Ring....call CFO please....
http://www.sumatec.com/investor-relations.php
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Ring “Lower oil prices are likely to have a significant impact on its operations, and it looks to us like there will need to be some belt-tightening. Nevertheless, some fields in Malaysia are very low cost, at well below US$50 (RM172.40) per barrel. Therefore, lower oil prices don’t necessarily mean companies in the sector will be unprofitable,” he added.......@Ring so what is Suma cost/barrel????
05/12/2014 13:46
2014-12-05 12:20 | Report Abuse
can share link?
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Ring Well merging is d media news, some experts hv to commend!
05/12/2014 12:08
2014-12-05 11:25 | Report Abuse
I believe what you said..... BUY rate ; 96.28% Average price 0.07501
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Dec 4, 2014 05:08 PM | Report Abuse
Princess92 tomoro is friday...big shark will sapu all block with low price.... next week should be rebound period
05/12/2014 09:40
2014-12-05 11:17 | Report Abuse
Calvin Ah Beng... Go Back to BJ Corpes.....Very serious problem there as compared to Sumatec....
For Sumatec....it just timing......I don't mind if Halim Saad and his operator want to play YO-YO for the time being...
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http://www.thestar.com.my/Business/Business-News/2014/12/05/US-classaction-suits-filed-against-MOL-Global/?style=biz
PETALING JAYA: Four law firms in the United States have filed class-action suits against Nasdaq-listed MOL Global Inc, which is one of the worst performers post listing.
Wire reports said that Gainey McKenna & Egleston, Robbins Geller Rudman & Dowd LLP, Glancy Binkow & Goldberg LLP and The Rosen Law Firm had filed the suits in the US District Court for the Southern District of New York seeking to recover damages for alleged violations of the federal securities laws.
Among others, the plaintiffs alleged that the defendant made false and/or misleading statements and/or failed to disclose that the company was overstating the revenue and profit derived from MOL Global’s business and operations.
The four are seeking to recover investors’ losses pursuant to MOL Global’s initial public offering (IPO) under the US federal securities laws.
Robbins Geller’s complaint alleged that under the rules and regulations governing the preparation of the registration statement, MOL Global was required to disclose at the time of the IPO that it lacked adequate financial reporting capabilities to timely and accurately report its financial results and forecasts.
It also alleged that MOL Global misstated its revenue and direct cost and other ancillary expenses in its Vietnam subsidiary, and that the shift from online to mobile gaming had decreased volume in the company’s online games portal, MMOG.asia, with the decrease being further compounded by technical delays in introducing and monetising new mobile games on its platform.
The plaintiff noted that MOL Global’s registration statement contained no such disclosures.
Glancy Binkow alleged that MOL Global failed to disclose that it would not be able to report its third-quarter 2014 financial results on Nov 21, as previously stated and thus as a result of the foregoing, its financial statements were materially false and misleading at all relevant times.
Shares in MOL Global had earlier in the week declined by 59% to US$1.69 (RM5.83), which is about 80% below its IPO price of US$12.50 (RM43.10) on its debut in the United States on Oct 9.
Trading in the shares had been halted since Nov 24 due to the delay in the release of its third-quarter results and the resignation of chief financial officer Allan Wong.
StarBiz reported yesterday that MOL Global’s single largest shareholder Tan Sri Vincent Tan Chee Yioun gave his backing to the company’s management and felt that the stock had been unfairly punished.
MOL Global shares have since recovered some of the losses and were last traded at US$3.95 in after-hours trading yesterday.
05/12/2014 10:32
2014-12-05 10:59 | Report Abuse
bing...Seriously don't know how long they want to play yo yo.....see how lah...
2014-12-05 10:32 | Report Abuse
http://www.thestar.com.my/Business/Business-News/2014/12/05/US-classaction-suits-filed-against-MOL-Global/?style=biz
PETALING JAYA: Four law firms in the United States have filed class-action suits against Nasdaq-listed MOL Global Inc, which is one of the worst performers post listing.
Wire reports said that Gainey McKenna & Egleston, Robbins Geller Rudman & Dowd LLP, Glancy Binkow & Goldberg LLP and The Rosen Law Firm had filed the suits in the US District Court for the Southern District of New York seeking to recover damages for alleged violations of the federal securities laws.
Among others, the plaintiffs alleged that the defendant made false and/or misleading statements and/or failed to disclose that the company was overstating the revenue and profit derived from MOL Global’s business and operations.
The four are seeking to recover investors’ losses pursuant to MOL Global’s initial public offering (IPO) under the US federal securities laws.
Robbins Geller’s complaint alleged that under the rules and regulations governing the preparation of the registration statement, MOL Global was required to disclose at the time of the IPO that it lacked adequate financial reporting capabilities to timely and accurately report its financial results and forecasts.
It also alleged that MOL Global misstated its revenue and direct cost and other ancillary expenses in its Vietnam subsidiary, and that the shift from online to mobile gaming had decreased volume in the company’s online games portal, MMOG.asia, with the decrease being further compounded by technical delays in introducing and monetising new mobile games on its platform.
The plaintiff noted that MOL Global’s registration statement contained no such disclosures.
Glancy Binkow alleged that MOL Global failed to disclose that it would not be able to report its third-quarter 2014 financial results on Nov 21, as previously stated and thus as a result of the foregoing, its financial statements were materially false and misleading at all relevant times.
Shares in MOL Global had earlier in the week declined by 59% to US$1.69 (RM5.83), which is about 80% below its IPO price of US$12.50 (RM43.10) on its debut in the United States on Oct 9.
Trading in the shares had been halted since Nov 24 due to the delay in the release of its third-quarter results and the resignation of chief financial officer Allan Wong.
StarBiz reported yesterday that MOL Global’s single largest shareholder Tan Sri Vincent Tan Chee Yioun gave his backing to the company’s management and felt that the stock had been unfairly punished.
MOL Global shares have since recovered some of the losses and were last traded at US$3.95 in after-hours trading yesterday.
2014-12-05 09:50 | Report Abuse
tklim.....I like...
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Posted by tklim > Dec 5, 2014 08:50 AM | Report Abuse
Don't worry.....As an ACE company Nex Gram has strong Asset Back Up.....Instititution loves this kind of company....Investment Bank like RHB will only put a company under their watchlist if there are great potentials....Market actually over reacted to the court case and Bad rumours lie....In short... positive outlook..
2014-12-05 09:45 | Report Abuse
As it is now....market doesn't care anymore about oil price up down.....dying etc...all immune with US JEW popaganda.....
As for Sumatec ...just let Halim Saad and his operator press the price down or up....syok-syok sendiri.....
2014-12-05 09:40 | Report Abuse
I confirm your statement......Confidence on Nex Gram is building up.....
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Dec 4, 2014 05:08 PM | Report Abuse
Princess92 tomoro is friday...big shark will sapu all block with low price.... next week should be rebound period
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BERHAD
2014-12-08 12:46 | Report Abuse
Fam Jenny ....I would strongly recommend that you email to nexgram and give them a piece of your mind.....They will reply to your email...
corporate@nextnationnet.com