Why changed financial year end ..cos the independant auditors is being banned from audit listed entity for a year from regulator authority...scary..

Ho ho no more mentioned who r the company director bought netx share..previously mentioned ock director.....why so hard sell until ppl see wat his comments also knew he is just desperate n worry...

Bad intention will bring bad karma...

明讯联袂Celcom Timur 提供沙巴人民更好光纤连接 http://www.chinapress.com.my/?p=1777043

Michael new acc with one post..

Calvin is banned until 31/10/19..

Mayteh is new acc with 2 post.. actor

Calvin kena banned until 31/10/19...

PP for project then just quiet but still proceed pp is not the first time.. just makan duit.. dulu partner with 2go trading for pp. and again with 2go tech..

Nobody is boss in i3.. the kon artist is too neighbor arrogant.. polycarp tikus ke...

For last 30 days trading .. average price is rm 0.016..

Wednesday, 16 Jan 2019

10:12 AM MYT
image: https://media.thestar.com.my/Prod/C5F12C62-491B-4215-BEA0-6BE3CA361EE3


KUALA LUMPUR: Technology company Netx Holdings Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

has proposed to raise as much as RM15.36mil by placing out 1 billion new shares in the company to independent third party investors.

Shares in Netx was last traded at 2 sen.


The company, in a filing with Bursa Malaysia on Wednesday, said the new shares will be placed out at 1.48 sen a share. Proceeds from the exercise will be used for the development of its lifestyle mobile application known as GEM.


# 500 million price at 0.0116
# 200 million price at 0.0189
# 300 million price at ?? 0.0148 as mentioned above...

MRT 2 tunnelling reinstated. The government has reinstated MMC-Gamuda’s tunnelling contract. The final cost reduction of the tunnelling contract has been agreed at RM3.6bn (vs RM2.13bn initially offered by MMC-Gamuda and a local engineering consultancy report of RM4.19-RM5.79bn) for the balance 60% uncompleted work. Separately, MMC is a conglomerate which is currently trading at >60% discount to our SOP value. It has adopted the strategy of listing its key businesses, starting with Gas Malaysia in 2012 and Malakoff in 2015, to unlock value. It is looking to list its port division in 2018/19. This should provide at least a floor value for MMC.

Maybe Sorchai sold...he still can do shares trading..only sorchais follow Sorchai wait til 11119...

Old story ..n burn money..

Just blower ..

0.07 v612k

Today 170mil buang at 0.02

If kon artist is professional n good ethical like kyy, otb, commonsense..why i3 suspended him...

T2 n T3 140 mil..all buang at 0.02...

0.07 v600k

0.07 run..

165 mil share buang at 0.02...

Nanti kena kaw kaw macam mnc ..today 0.02..

Who is d major share holder..a security firm..just main main shares only...

Goin soon..cr..then again pp..

Today F.wong promoter..a singer..

Joget joget ke...

A singer ke...

Up..

Ho ho koey acc only 3 posts.. as I said earlier I do respect Calvin comments in uzma which is facts based.. but in netx he is promoting hard sell .. can see the difference of his 2 marketing method .. i3 is a platform for share info sharing whether is positive or negative. Calvin complained others personal attack’s comment on him.. I agreed with him others should stop n post facts comments..but Calvin start personal attack when caged by his blow words n no facts to cover..even put a rape photo in one of his blog..

Good nite..zzzzzzzzz

Post removed.Why?

Post removed.Why?

Hoho.. s.kkc just a blower as well.. no complaint to Pang sai ke...haha

I3 is a fair n good platform for share info sharing.. we here ikan bilis can email to report if like kon artist gang on shares blowing n manipulation..

Woh. A lot new acc newbies appear..

S.kkc don’t cry mother cry father when loss as in metronic ..

If calvin like kyy, otb, commonsense will not get holiday terms..haha

Vasu time not even one post.. only strong supporter in metronic.. now ..just kon artist gang kkc

Post removed.Why?

New acc with one post..fion.a

Moneykj n gang nak buang 12 million shares avg 0.066 at price 0.075 ke...

Takut la .. tak mau beli...

Vasu pdt time price is 0.005 to 0.01....minor on 0.015..

Kkc is our neighbour ke..

Moneykj yr kon artist gang calvin bad karma arrived :

Kena suspended pending investigation on manipulating of shares.

https://klse.i3investor.com/servlets/cube/calvintaneng.jsp

Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 31/10/2019. Please refer to the Terms and Conditions of Use and Community Standards of this portal.

Bad intention will bring bad karma .. timing only..

We ikan bilis are smart n smarter....ho ho

Kon artist in netx :

Kena suspended pending investigation on manipulating of shares.

https://klse.i3investor.com/servlets/cube/calvintaneng.jsp

Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 31/10/2019. Please refer to the Terms and Conditions of Use and Community Standards of this portal.

We here ikan bilis r smart n can report...

Ho ho bad intention will bring bad karma .. timing only..

To kon artist n gang...

As the group launched a series of business activities in the past few years, including the additional shares and private placement financing, its shares have jumped to 1.25b. To afford growing businesses with about 20 times PE, the current share price of 4 cents, NETX must surrender after-tax profit of RM2.81m, can be called qualified.

Obviously, there is no stable performance support NETX more often just hype digital FTA topic. Meanwhile, the Group is also twice been the past four years the independent auditor issued a "reservations." To reborn, NETX must first hand over several consecutive quarters of earnings performance, all the talk about cooperation or else all of the above, it is difficult to convince investors.

NETX founded in 2000, Malaysia in 2003 and listed on the GEM. Group, formerly known as the [GLOBAL SOFT] and [] ARIANTEC Universal, has twice before and after the name change, to get rid of investors a bad impression. Its main business pillars from 100% held by [ARIANTEC] - Network equipment and infrastructure suppliers, and 60% held by [PAYALLZ] - Internet payment solutions provider.

Recalling the history of some of the Group, NETX had received the parent company in 2012 [MTRONIC] sent a letter to the Board of Directors requested the convening of an extraordinary general meeting of shareholders to seek dismissal of the then directors and management, as well as to nominate a new director candidates. This is mainly because NETX suffer long-term losses, but management poor management. As a result, the challenges faction lost the vote, not by the recall. However, the Group during this period there have been four directors to resign, and two new members were appointed to the board of directors.

In 2013, NETX a private placement of 10% of the paid-up share capital to third parties, investors, raised about RM26m. The money is mainly used to USD10m of the total value of financing contracts, supply and installation of high-speed broadband network for a period of three years in Indonesia. In the same year, its external auditors reservations (Qualified Opinion) Group of the accounts, because they can not obtain sufficient and appropriate audit evidence.

In 2014, NETX proposed acquisition of mobile payment solutions provider SPRING WORKS] [51% stake, also announced a rights issue to send vouchers. However, the acquisition was terminated after six months, but the additional shares and other corporate activities continues. The funding is mainly used for electronic payment platforms and solutions development activities, as well as the expansion of existing business and future capital acquisition projects.



In 2015, NETX a proposal to increase the nominal value reduction activities to reduce the par value of 10 sen to 5 sen per share. Six months later, the group again cut the par value per share from 5 cents to 2 cents per share. Par value reduction activities launched twice a year it is unprecedented in the local stock market. In the same year, the Group has once again been an independent auditor issued a "qualified opinion", showing the accounts appear doubtful.

In 2017, NETX [and] to develop an e-XOX-paid mobile phone trading platform, XOX] [encourage users to become e-commerce (E-Commerce) business, and domestic and international payment gateway interoperability. This can be used with multiple platforms payment gateway links, including ALIPAY [], [WEPAY], [] and [APPLE PAY SAMSUNG PAY]. Through this cooperation, NETX is expected to become Malaysia's newly established digital FTA (DFTZ) part of it.

After, NETX signed a technical cooperation agreement with the [M3TECH] to jointly develop an electronic payment flow trading platform. The initial contract period is one year, the proportion of revenue sharing structure [were] XOX 40%, NETX 30% and 30%] [M3TECH. According to management, the partnership is expected to begin as early as bring credit to the Group in FY18.

As part of business development, NETX and Guangzhou, China] [E-DO technology partners signed an agreement to provide e-commerce online payment in Cambodia, Malaysia and Thailand, electronic purse (E-Wallet), and loyalty program solutions services. It is worth mentioning, the main business [E-DO] is to ALIPAY [], [] and WEPAY UNION PAY] [CUP international payment services.

Although the total value of contracts won USD10m in FY13, as well as the establishment of multi-party cooperation and relations, but failed to hand over NETX profit performance in the last four years. Turnover of its four fiscal year is only about RM19m, even lower than USD10m (RM40m) contract. It is indeed doubtful the company in the end doing?

Undeniably, NETX core business in the past two years from the network hardware services, gradually transformed into a mobile payment system and social media marketing, to follow the pace of technology. Group In addition to providing payment services, providing customers with more value-added, is to help customers to expand the customer base. However, the group they could not turn a profit, it is an indisputable fact.

The only surprise is that the management in FY17Q4 quarterly stressed that the group can be optimistic about after the implementation of digital free trade zone, to produce a reasonable performance. XOX according to [] and [] M3TECH partnership agreement, the partnership at the earliest contribution was seen in FY18.