Lain kali kena gosok dengan minyak panas tomoi baru boleh naik.

https://www.malaysia-today.net/2020/10/09/without-dap-anwars-16-september-2-0-is-doomed/

Ewein interim dividend

Maksud saya scare wolf. Sept 2016.... I have the numbers dah berapa kali.
Boleh percaya ke kali ni???????????

Good for you. Tapi hati-hati Bang Non tu terkenal dengan TALAM DUA MUKA. HEHe

Loh ko demo lah OKU_2020 weh. Good Luck!!!
Ambo takut weh... Takut tak jadi... sekat tengah jalan serupo Nexgram jugak nanti.

Ni mesti OKU - orang kuat umno dan nak jadi Orang Kuat Un-nuar ni. HeHe.
Bravo. Sudah tukar forum niii

@Fundamentaler. I think it's not from plastic company. Mostly, the major loss involved property investment.

Investment in the plastic company is in MOU stage only.

Welcome back, DRwarrant

Nexgram Holdings Bhd

RM133.1 mil market cap added

Interest in Nexgram soared when the loss-making company, whose business is in information and communications technology, property investment and logistics, announced on April 23 its intention to venture into distributing medical ventilators.

The announcement lifted its trading volume to a high of 74.5 million shares on that day, compared with its 200-day moving average volume of 2.61 million.

Through another agreement with Indonesian firm PT Mitra Abadi Propertindo Utama, Nexgram’s unit Nexgram Biomedic Sdn Bhd will sell two million isolation gowns and 500,000 boxes of gloves to the Indonesian partner every month, from November this year to October 2021. There is also an option to extend the deal for 24 months.

Bravo. Keep pissing venom. Their ultimate goals only to get the price cheaper.

It is not about the prospects of the company but their ill intentions.
Beware guys.

https://www.theedgemarkets.com/article/beneficiaries-pandemic-separating-wheat-chaff

Snakes!!!!!

Yes. Investing without caring about the fundamental of the company is not a wise investment strategy. It's truly speculating.

If not Ozura who unload the shares today, I hope there will be the operator to push the price later to make sure Ozura can unload the shares @ higher price.

Thank you. Have to be die hard Nexgram investor already...

Let others make our own decisions freely.

therefore no need for OKU_2020 and 8dragon anymore.... HeHe

Lari.... Kita lari OKU_2020 beli. Hehe

Neg auto. Is it related to this anouncement?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2847337

Yes. Too many projects. In the past some of the projects were failed.

May be. 38,529,418 loss on property investment.


The loss increased in this quarter mainly due to suffered loss on disposal of investment property, bad debt written off, fair value loss on investment, impairment on goodwill and

"" write-off of land held for property development." .... maybe this refers to writing off for that project.

Just my guessing.

+ investment in logistics industry too is progressing

For now at least we can see the covid-19 project shows progressing

Neg auto group. Selling EV (electric vehicle) made in China.

Donald Lim resigned December 2019

Boleh. Contoh Hengyuan dari China beli Shell Malaysia.
Tapi dimana sumber berita tu. Atas angin saja tak boleh pakai.

More trustworthy NTA data can be retrieved in an audited financial statements.

@waves32. Please check the definition of NTA. NTA's calculation should not involve market capital.
No offence

Net tangible assets are calculated as the total assets of a company, minus any intangible assets such as goodwill, patents, and trademarks, less all liabilities and the par value of preferred stock.

NTA = Total tangible aset - Total liabilities (included preferred stocks is a liability to the company)

We can look the NTA data from their Financial reporting especially in the balance sheet.

Yes, they will cover the creditors/loan and preference share holders first. If there is any balance, its will be allocated (maybe partly) to their ordinary share holders.

But wisely, look at Bornoil's balance sheet, their financial condition looks good. Their cash to debt ratio is healthy. No big loan. Without loan which cannot cover by the company, there should be no bankruptcy. Bankruptcy only normally initiated by the creditors because of the company's inability to serve the loan.

I got cheated by one of counter before , with a good balance sheet, but its declared bankrupt and its director got fined in court.

Conclusion: If there is no makeup done to their balance sheet and with records of profits earned every quarter and reasonable NTA, we should not worry about its bankruptcy's probability.

At least NTA is one of the information that shows the viability of the coy.

Rephrase: NTA is important to show the viability of the company.

I'm no Cojack. Only a newbie. Just giving my ideas.

You misundestood me @Will88. My opinion is while Bornoil's NTA is higher than their listing prices, its save to buy its share.

My previous posting:
"Agree with @Will188. NTA 0.13. Why we can't buy at 0.04, 0.03 or even 0.02?"

Kena gosok-gosok barulah kerah. Bare kurang hormon lagu tu lah wei.. Nak wak guana masuk dah...

@OKU-2020. I'm no Jang. HeHe. Kelantanese BEB...
Sampai masanya Nexgram akan meletop.

Harap-harap dia punya balance sheet dah semakin bersih apabila clear projek-projek lama yang rugi.
Covid business dan transport sepatutnya okay.

Dialu-alukan untuk sama-sama promote Nexgram. Negram meletop semua berpeluang dapat untung. HeHe

At least NTA is one of the information that shows the viability of the coy.

They enriched their insiders by issuing ESOS and PP. No need to get extra income in term of dividend.

The real losers without any income (dividend) from the company were the retail investors.

Agree with you @Valgrovest. Just pay a minimal percent of dividend. Just to makeup the company's appearance... He He

For now the company is short of cash. RM600 mil used as investment properties, the biggest item in the balance sheet. The coy aggressively invested in properties. Because of the short of cash problem, the coy don't pay dividend and call for the cash by executing PP and ESOS. Idea based on my instant observations only.

Happy for some of us to be positive again. At least we can have a happy dreams...He He

Agree with @Will188. NTA 0.13. Why we can't buy at 0.04, 0.03 or even 0.02?

If the balance sheet was not manipulated, therefore its save to buy at that prices.

Normally, consolidation without capital reduction wont be bad exercises for share holders.

Bornoil's balance sheet shows retained profits (not accumulated losses), therefore if they want to consolidate share, there will be no capital reduction exercises.

Good to see different opinion from different individuals. We can broaden our perspectives towards the company's prospects. We can make our own decision based on all the ideas. After all, thanks.

Who are queuing to buy totaling 209 mil units of shares @4 sen. Is it retail investors?

Covid-19 testing and tracking who took the test via online.

By the way, last QR shows that Nexgram has successfully penetrated Covid-19 business.
Has great prospects ahead..

Not going to cut loss and will hold the shares....

Remaider of the shares own by Ozura ar 1.9.20 296,500,000 unit. Balance of icps nit yet converted is 37,189,697 only.

Okay. Thanks my friend.

Is it worth to keep the shares for long term instead of cut loss in condition the loss will be around 50% ?

@Penstealer.
As I mentioned before,for the next 24 months (8 quarters), the contribution from medical probably will be secured, especially sales from the contract involving Indonesian firm (for two years).

Its mean positively their medical and logistic division will contribute profit in the future but negatively the profit maybe cannot cover the losses from ICT and Property divisions.

From past records their ICT and property divisions cannot perform well and contributed loss to the company.

@OKU_2020. I'm no insider and not a NS's Jang.
All of the information received was based on uncle google's information.

Its a real risk of investing/trading in shares.
Its okay. I'll try to find the way to settle this problem. Its not my first experience.

No offend....

@Reiko8. I can't give you any sifu's standard advice. Really sorry.

But for me, I will monitor its price from tomorrow. If there is no sign of support and the price still trending down, MAYBE the next day or later the decision to cut losses maybe be made.

Some times, there is no great impact (big drop) on the price of the company shares which reported losses.

Any advice from the real sifu in this forum, please!