Like Life, stk market goes thru the cycle of bulls & bears. To be a bear in bull or a bull in bear season, is akin to going against the strong prevailing tides,bound to get swept out to sea,end up in financial distress.Safety of capital & minimise risk of loss & actual results is key, not one's EGO.
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2019-12-08 11:03 | Report Abuse
the only pausible reason why Netx rose from 1 sen to 2 sen now is due to the co. needed money , cannot borrow from the bank & need to resort to share placement, with some assurance that it can be sold for gain.
Once all the PP share get sold, then it will be downhill all the way, unless our phony can keep pumping hot air, to keep the dream afloat.
2019-12-08 10:57 | Report Abuse
But it is a puzzle to me, why stockraider would want to commit to this clear dead stk that no mortal can cause to rise again...
2019-12-08 10:54 | Report Abuse
tigerball, let's not be too hasty to conclude this, perhaps stockraider has confidence in Calvintaneng recent winners and thought it was a sure win for him, here too.
Remember stockraider is from Tibetan monk background & Calvin is a professed opposite backgound one.
If it can be shown conclusively by learned members of I3 that it is true, then this is the most cunning phony in I3 !
Posted by tigerball > Dec 8, 2019 12:05 AM | Report Abuse
lol, Calvin = stockraider. use 2 accounts to con people lol
2019-12-07 23:23 | Report Abuse
but did i asked U to trust me, buy xyz ?
2019-12-07 23:23 | Report Abuse
OF Course, TRUST NO ONE IN FORUM, all got own agenda, include myself..
2019-12-07 23:06 | Report Abuse
what is obvious is unlike other promoted counters that made money for punters,NETX has a big difference,
which is there is no deep pocket, interested party here to goreng .
Shows how dire it is for NETX punters..
can make money in so many ctrs now, why expose to needless risks of lose all ?
2019-12-07 22:58 | Report Abuse
OBV since 18th Nov until 6th Dec is flat, same value, that is, buy & sell seems to match, just in n out same pocket ? not sure..
2019-12-07 22:49 | Report Abuse
the On-Balance-Volume (OBV) technical indicator for NETX, shows that for 2019 itself, there has been a steady drop , that is more people sell out than buy into NETX.
maybe that's why, need more waterfish to come in .
2019-12-07 22:34 | Report Abuse
sensonic, when you bgt, can you be so kind as to inform forumers here, so we know you are not just another conman...thks
2019-12-07 22:11 | Report Abuse
Calvintaneng, Master Manipulator, met his Waterloo in NETX
May the smelly stink of NETX stick to his Name , Calvintaneng for all forumers to ponder...
NEVER TRUST ANYONE IN FORUM, ESP. ONE WHO VERY SLICK TO MAKE USE OF GOOD NAME OF RELIGION AS A FRONT, FOR HIS OWN DEVIOUS BUSINESS PLOYS...
2019-12-07 22:10 | Report Abuse
Calvintaneng, Master Manipulator, met his Waterloo in NETX
May the smelly stink of NETX stick to his Name , Calvintaneng for all forumers to ponder...
NEVER TRUST ANYONE IN FORUM, ESP. ONE WHO VERY SLICK TO MAKE USE OF GOOD NAME OF RELIGION AS A FRONT, FOR HIS OWN DEVIOUS BUSINESS PLOYS...
2019-12-07 22:00 | Report Abuse
Calvintaneng , is so DESPERATE now, thinks he can manipulate punters greed for easy money, to make zombies of them to blindly follow his 'pledge'...
Calvintaneng, still trying to make the dead to rise again...
THIS IS THE MOST DANGEROUS PHONY IN I3...
BETTER RUN FROM NETX BEFORE THE SAD ENDING HERE....
07/12/2019 10:00 PM
2019-12-07 21:58 | Report Abuse
Calvintaneng , is so DESPERATE now, thinks he can manipulate punters greed for easy money, to make zombies of them to blind follow his 'pledge'...
Calvintaneng, still trying to make the dead to rise again...
THIS IS THE MOST DANGEROUS PHONY IN I3...
BETTER RUN FROM NETX BEFORE THE SAD ENDING HERE....
2019-12-05 16:28 | Report Abuse
Plantation land can only appreciate with time , even if profits down
2019-12-05 16:26 | Report Abuse
Next time cut early, aftr 15% max , now loaded, switch to Plantations stks , already bombed out n rebounding
2019-12-03 22:23 | Report Abuse
HerbertChua /Ooi,
you may have lost some money in LayHong, but hard to accept that it was RM1 m.
you must come clean and dont simply shoot, to protect your future credibility in I3 forum.
Its very simple, to lose RM 1 m, bgt at 1.20 and sold at av. 43 sen, you would lose 77 sen per share and have @ 1.3 m shares in LayHong.
Your name would be listed in the top 30 shareholders , but no Ooi , nor Chua is there.
2019-11-29 07:41 | Report Abuse
He got to keep blowing hot air to keep his dream balloon afloat in NETX, at least until all the PP shares can be sold .
2019-11-27 15:11 | Report Abuse
Bi Po ! Bi Po ! R..U..N..!! already drop below 50SMA of 0.066 sen !
2019-11-21 14:33 | Report Abuse
klugman, U are a very good sheep, in a stock market jungle,...looking for a shepherd to lead U ...
have U heard of the phrase, one can be very sincere, sincerely wrong.. ? guess not
klugman Bro. Calvin 90% very good already. Only God"s word is 100% true
21/11/2019 2:15 PM
2019-11-19 22:07 | Report Abuse
Choivo Capital, as long as it works for you, that's fine
2019-11-19 07:07 | Report Abuse
amzarb44, when will u ever SEDAR ?
only want to be the BOSS...
like the BOSS KU that bring Malaysia to the brink of bankrupty and poverty for all Malaysians
But tak apa, as long as U are the BOSS...
memang BODOH Punya olang...
Go focus, Bodoh !
This is stock market forum, paham ?
2019-11-19 06:57 | Report Abuse
The components parties of PH, Bersatu & PKR could not deliver the MAJORITY Race votes, fullstop.
That is the weakness of PH.
2019-11-18 23:24 | Report Abuse
other items to note :
NON-CURRENT ASSETS
Inventories : 35,263,000
Goodwill on consolidation : 25,179 ,000
CURRENT ASSETS
Inventories 162,814,000
Trade and other receivables 126,994,000
what is the qty of these assets ?
2019-11-18 23:11 | Report Abuse
Share capital is 3,152,866,000
2019-11-18 23:05 | Report Abuse
chanky50, sorry to burst your bubble, total borrowing is rm822 m NOT rm115m
refer note 25 of notes to fin. statement jun 2019
chanky50 Mui Cash in hand Rm241million, borrowing Rm115m, net cash=Rm126m.
2019-11-18 12:10 | Report Abuse
https://klse.i3investor.com/blogs/LouisYapInvestment/237167.jsp
Could b temporary boost from local investment fund, may not sustain...
2019-11-17 12:03 | Report Abuse
Daily8, actually was only speaking to Sales, (& the Yahwei Shalom people), not refer to you guys, pro gamblers of ' The Greater Fool Theory of investing'
Its an open forum right ? not yours to says only can give the pros , not the cons...
Do you know what is your future tomorow ?, whether you are still be here or up in Yahwei land ?
esp. if you follow a shepherd who sees RM72 m IOU (already burn up) as still CASH In the kitty ?
Daily8 why are you cat lim and Foolsgold here to trouble shoot Netx all the time? So free ah?
17/11/2019 11:00 AM
Daily8 Calvintaneg buy and promote and if you not interested just go other place. Why try to break other people's bowl?
17/11/2019 11:01 AM
Daily8 NETX cannot see the past.
U cannot buy based on what existed in the past history of NETX.
U can only buy because of the future value of NETX.
2019-11-17 10:44 | Report Abuse
Sales, WAKE UP ! this is Bursa Malaysia trading/investment jungle ,
NOT YOUR YAHWEI SHALOM land of milk & honey, with all goodie people..
Dont you realise, our good friend has to keep working 24 by 7, even on a good Sunday, to keep pumping HOT AIR, for fear, his beautiful Castle in the air, may collapse any moment, if he stop pumping hot air ?
2019-11-17 10:43 | Report Abuse
Sales, WAKE UP ! this is Bursa Malaysia trading/investment jungle ,
NOT YOUR YAHWEI SHALOM land of milk & honey, with all goodie people..
Dont you realise, our good friend has to keep working 24 by 7, even on a good Sunday, to keep pumping HOT AIR, for fear, his beautiful Castle in the air, may collapse any moment, if he stop pumping hot air ?
2019-11-16 14:33 | Report Abuse
@Choivi Capital,
Maybe its your mind set or approach to the stock market, that you need to have a 90-100% assurance that you are right before you will invest due to various reasons in the past.
Whereas, the market is inherently uncertain/risky, with no 100% certainty either way.
So, could be more rewarding to accept this fact of market uncertainty n invest with 70-80% confidence n have a diversified portfolio with high cash level, , rather than a concentrated portfolio with low cash level, as a start.
Choivo Capital To an extent, i feel like vomiting blood. But every time i read my article detailing why i sold it, i don't think my reasoning is wrong. I just wonder to myself, why i never bought back a much smaller position 1-2 months ago.
2019-11-16 14:18 | Report Abuse
private 'investors' only willing to pay RM 0.0119 - RM 0.00136 for NEXT shares, in spite of its so call future potential,
small punters are paying 100% more, to take part in this money game...
to buy a ticket for a sweet dream, build on hot air, no solid foundation , need to stay afloat on constant hot air,.. courtesy of our I3 Dream Maker...
3iii How do you value NetX?
How much did the new shareholders paid for their private placement shares recently?
A12 MATERIAL EVENTS SUBSEQUENT TO THE INTERIM REPORTING PERIOD'''''
1) On 8 July 2019, 252,000,000 shares were issued at an exercise price of RM0.0119 each under
Private Placement.
2) On 19 July 2019, 220,000,000 share were issued at an exercise price of RM0.0136 each under
Private Placement.
16/11/2019 1:35 PM
2019-11-16 14:10 | Report Abuse
Pls dont use the NAME of the LORD in vain, for your own vain pursuits..
In the name of religion, as a front for one's devious mind, lots of suffering have been inflicted on innocent mankind...
klugman PTL May the Lord make what you say come to pass
15/11/2019 6:09 PM
2019-11-10 20:32 | Report Abuse
Its a wonderful Dream with the Dream Maker of I3,, but its your pocket , that get lighter at the end of sweet dream...
pls dont blame anyone but your gullible self...
2019-11-10 20:29 | Report Abuse
NETX record 7 consecutive QR losses since Sep. 2017 :
Net profit
30 Jun 2019 - rm8.042 m
31 Mar 2019 -rm3.514 m
31 Dec 2018 -rm6.794 m
30 Sep 2018 -rm0.741 m
30 Jun 2018 -rm3.787 m
31 Mar 2018 -rm6.736 m
31 Dec 2017 -rm2.141 m
30 Sep 2017 +rm1.176 m
Is that why no Banks dare to give loans to NETX ?
..another RED FLAG...
2019-11-10 20:15 | Report Abuse
Calvin Tai Kor,
the miracle worker at work, to make the dead rise again !
IF REALLY GOT big fat chicken here in NETX,
wouldnt your business partners already SAPU KAW KAW ?
wouldnt the smart sharks/whales/taikors SAPU KAW KAW ?
2019-11-10 20:13 | Report Abuse
Good lucks guys !
with the Dream Maker of I3 ...
2019-11-10 20:12 | Report Abuse
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") PRIVATE PLACEMENT
NETX HOLDINGS BERHAD
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY")
PRIVATE PLACEMENT
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 16 January 2019 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements dated 16 January 2019, 29 January 2019, 24 June 2019, 12 July 2019, 16 July 2019 and 24 July 2019 in relation to the Private Placement.
On behalf of the Board, Mercury Securities wishes to announce that the Board has on to-date (“Price-fixing Date”) fixed the issue price for the 3rd tranche of the placement of 220,000,000 Placement Shares at RM0.0189 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 9.57% to the 5-day VWAP of NetX Shares up to and including 17 October 2019 of RM0.0209, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 18 October 2019.
finally managed to issue private placement, 220 m shares at rm0.0189 , total value rm4.158 m
Banks dont give NETX loan for rm4.158 m ??
another RED FLAG...
2019-11-10 20:09 | Report Abuse
Quarterly rpt on consolidated results for the financial period ended 30 Jun 2019
NETX HOLDINGS BERHAD
rm 8 m in loss this Qtr ..
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206723&name=EA_FR_ATTACHMENTS
another RED FLAG...
2019-11-10 20:07 | Report Abuse
Change in Financial Year End
NETX HOLDINGS BERHAD
Old financial year end 30 Jun 2019
New financial year end 30 Nov 2019
another RED FLAG...
2019-11-10 20:05 | Report Abuse
be careful all, NETX's auditors found guilty of not comply with approved stds on auditing by AOB.
just wonder the a/cs they audited n certified got issues or not...
RED FLAG..
2019-11-10 20:03 | Report Abuse
Breach the AOB’s registration condition imposed under Section 31O(3) of the Securities Commission Malaysia Act 1993 . Chengco PLT (AF 0886) (“Chengco”) Failure to comply with relevant requirements of the approved standards on auditing in Malaysia, namely the International Standards on Auditing as adopted by the Malaysian Institute of Accountants.
Prohibit Chengco from accepting any public interest entity or schedule fund as its clients for 12 months;
Prohibit Chengco from auditing financial statements of a public interest entity or schedule fund for 12 months; and
Imposed monetary penalty of RM175,000.00.
On 30 May 2019, Chengco appealed to the SC on the AOB’s decision.
The SC dismissed the appeal and affirmed the decision made by the AOB.
The prohibitions to accept and audit any public interest entity or schedule fund for 12 months will take effect from 6 August 2019.
2019-11-10 20:02 | Report Abuse
OTHERS NETX HOLDINGS BERHAD - RESIGNATION OF AUDITORS
NETX HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description NETX HOLDINGS BERHAD - RESIGNATION OF AUDITORS
The Board of Directors of NetX Holdings Berhad (“Company”) wishes to announce that the Company has on 22 August 2019, received a notice in writing pursuant to Section 281(2) of the Companies Act 2016 from CHENGCO PLT on their resignation as Auditors of the Company and Group and their term of office shall come to an end after twenty-one (21) days from 22 August 2019.
CHENGCO PLT who has been the Auditors of the Company were re-appointed as the Auditors of the Company at the last Annual General Meeting (“AGM”) held on 28 November 2018 to hold office until the conclusion of the next AGM.
The resignation of CHENGCO PLT is due to Audit Oversight Board prohibits them from auditing financial statements of a public interest entity for 12 months with effect from 6 August 2019.
Save for the above, the Board of Directors is not aware of any matter that need to be brought to the attention of the shareholders of the Company.
Further announcement will be made by the Company on the appointment of new auditors in due course.
2019-11-09 13:33 | Report Abuse
Herbertchua, learn from your expensive blunders, must have overconfident n went all in to this chicken stk ..must always have cash in hand, to escape lah ...cannot 100% invested lah..
Cut loss n switch back to your TM lah
2019-11-06 10:55 | Report Abuse
Salute to the diehard gamblers in Sumatec, at least the King of Gamblers , still collect back at 0.5 sen frm you ...
2019-10-21 16:01 | Report Abuse
Calvin, why are u ONLY KEEPING such a fantastic share ?
Shouldnt u be SAPU KAW KAW, at least 5% minority shareholder is fitting reward for all your dedication, hard work..
Go Bro. Go !
2019-10-14 10:36 | Report Abuse
JohnChew,
thks to your persistence, Tai Kor Calvin's hand was forced to put some serious money here,
300m shares done at 2 sen is rm6m or S$2m, small chg for Calvin & Buddies !
Its a different musical chair game here, just live n let live...
2019-10-12 23:34 | Report Abuse
agree with you, Mabel
just Sapu,Kaw,Kaw NETX be the proud min. 5% listed holder of the winner stk, you know in NETX
i await anxiously for U be be listed, in the new minority holder category., before i take the plunge,
thks !
2019-10-12 15:59 | Report Abuse
JohnChew, thks for your persistence.
anyway, there are all kinds in BURSA, as in life,to generate the interest & sparks..
its always BUYERS BEWARE, BUY AT OWN RISK...
live n let live ...
Stock: [NETX]: NETX HOLDINGS BHD
2019-12-08 11:03 | Report Abuse
that why, phony here is working nonstop 24 by 7..