i dont borrow to buy. Free money ma... sell shares buy shares

Like MrPauper, I am still hoping to purchase at 4 sen or 4.5 sen :) But I cant deny the possibility that I may never get that price again.

We all has been blinded by the goodwill asset loss... oh dear

The only reason i bought netx is due to one fact - from 2017 to now for the past three quarters , they made profit.

The only reason why the share is undervalued is because before 2017 it made 5 years of losses. June 2016 amd June 2017 - annual financial losses is not due to operational reason but due to a restatement of goodwiill asset. If you take that restatement of goodwill asset out, you will realise, operational wise netX has made prpfit since year 2016.

i went to a shop for photostat , didnt enough bring money , cost is RM 100. The shop offer debit card payment. When i check my receipt - MPay is the setvice provider. MPay is a product of NetX , right ?

sg999... you mean quarter report. ?

The reason why P/B is low is because the share price is low . People are afraid looking at continuous losses made by Netx in year 2014, 2015, 2016 and early half 2017. However, since June 2017, the company is making increasing profit quarter after quarter. So, book value will not reduce. It will increase, and as earning increases, price will increase. Thats why, the company top management gives themselves a lot of ESOS. They have expectation that earning will increase and so share price will increase. So better get loan and buy now, right ?

Sg999, financial year Netx ends on 30 June. Since the subscription of shares , started in September 2027, any Mac shareholding will only be reflected in annual report, will be stated in June 2018 annual teport.

Ya.... when I say lot it is 1,000 units , not 100 units.

And I am thinking of adding 1,000lots in the next few weeks.

Mizi Fas, I have been buying a lot of 100lot for the past 1 week.

Time to promote to other counter like Perisai and UMWOG.... Both two counters are loss making counters. If the punters there have cut loss, invite them to join a profit making Netx counter. In addition, NetX has not really move up, so the upside is large. Whereas, UMWOG and Perisai has moved up considerably - the upside is limited and risk is high.

Tomorrow , NetX will move up.

Bill : Hard to predict whether go up or go down. 90 million is just 1/6 of today volume. Assume only 30 % of the share is sold tomorrow, it takes only RM 1 million to sapu all those shares. The price may stuck at 0.045 - 0.5 while trying to absorb any selling at 0.045. There is a strong support at 0.045. If you buy, I hope you can hold. NetX is becoming a very good counter by Financial evaluation.

multi530 : For turnaround company, theoretically this is the bottom price that the staff could get. ESOS can get 10% discount

if a billionaire Malaysian investor follow this stock, will the operator throw like mad like this morning ?

stockcode.... that are cheap people.... that is why... slow...slow man man....

I think... maybe this stock will fly tomorrow. Retailers are awesome. Operators need to let go.

RM 300K only coming in a few weeks time. Else, I can get more at 0.045.

The selling at 0.045 has stopped ... Hahahahaha... no more ammunition? Lets wait and see.

no lah lextcs.... they were suppresing the stock so that MacQ and directors can buy ESOS at lower price... when you look at the sequence of events you can see why. MacQ subscription going to finish anytime soon. Directors already got ESOS at 0.0436 (average price).

After down, sure back up especially when the fundamental of this company is increasingly becomes better. Who knows more about fundamental of the company ? The company itself. Is it making loss now ? No, from the financial result shown in i3, Netx is making profit and T4Q profit is increasing as quarter goes.

So, there is still a chance for new player to get 0.045 price. By tomorrow, that price will be gone.

I think rally will start tomorrow. Seller still aggressive.

if MacQ uses Netx platform, rally will start before CNY and will end after Christmas

Route calibration is good for AAX. That exercise transfer revenue and profit from AirAsia to AAX.

Assuming, free share is 1.25 billion, it takes around RM70 million to corner the market at 4.5 cents

upshare, if all buyer does not sell, it will move up. Someone forcing collection at 4.5 cents. If they are lucky , they even gets at 4 cents. Cheaper to accumulate at 4.5 cents than 10cents.

fl88 : Last year Netx does not have any reason to move up to 12cents. This year, it has some reason, the financial is better,

last quarter , electronic payment service revenue is actually 5.331million. As customer base in time, increase, the revenue should increase if the revenue is a percentage of sales made by the customer's client; especially the incoming quarter result is "holiday, get back to school and seasonal celebration (christmas) quarter, with year-end bonuses and so on, I expect people will spend more. So, we expect the revenue for NetX should increase this coming quarter result.

where do you get that 5.2m figure ?

UnicornP : Total 4 latest consecutives quarters result trend (T4Q) is encouraging, showing the company is improving from making years of making losses to making profit (last 2Q) and to making higher profit. (last Q)

http://klse.i3investor.com/servlets/stk/fin/0020.jsp?type=ttm

Price is still low and not many people knows about this yet, if you can hold, you get at a bargain.

LK036

Normally ESOS benifited Board of Directors and CEO most because they are the one who gets the most of the ESOS shares.

What happens - depends on Directors. If they are cheap people, they sell for little profit margin. If they think that the company would be growing incredibly, they will wait for price to go up before selling en-block to other interested investor.

Why ESOS now ? I dont know. Maybe .....(1) The company needs money to finance their acquisition or development. (2) To reward the employees, (3) The BOD see a spike in their profit, so they could get the price cheaper compared to buying in the open market.

ESOS could be financed by loan. If the share price drops below ESOS price, it will trigger sell call by remisier.

Jen , I dont know. Many reasons.

Profit taking is healthy when this countervis expected to show more than RM 100 million net profit Q42017.

I add at around 16 sen. So, i will just keep quiet.

MacQ subscribe on whose behalf ? As long the price goes sideway, i will still buy. Once it moves up, i will reduce my purchase quantum. Someone is definitely accumulating. I want to accumulate with too. I hope it goes sideways for a few mote weeks :) The last 2 weeks done - 85 mill. I guess it may take a month before that 150 mill complete.

Cyclical, Q4 should give best result for AAX and AirAsia. Everyone go holiday and many take flight. Obvious that Q4 will give best revenue and best net profit fior the whioke of 2017 year. Only the question - can it be sustained at Q2 2018 ? Because oil price already moves up. So, my thiught, fundamentallly, this counter is good for January to June game. After that , nobody knows.

Good result is coming ... good share price is coming ... Lai lai lai...

Sorry, Pelaburan Mara did not buy Netx shares. My mind just flipped. Pelaburan Mara bought AsiaBio, and on the other hand AsiaBio bought NetX, and in the process AsiaBio got excited with Financial Payment System, it changed its name from AsiaBio ( Bio-energy company) to Fintec (to reflex that FPX), and both Fintec and AsiaBio got directors from Pelaburan Mara.

Things did not look good in 2015 and 2016 because of the Impairment of goodwill. The value of goodwill asset is now less than RM 1 million. So they could not cost the company goodwill again in the future. I think, we will not see any loss again in NetX. What is needed is to understand how much profit can NetX make in the near future. It would be great.

I think Steve Tan needs to talk a lot like Tony Fernandes so that public get some hints where the company is heading with their "payment system" in terms of revenue and profit.

Sales, I managed to add more AAX and AAX-WA cheaper price. Good luck to you too.

MacQ subscription not complete is 150 million shares. At 4.5 sen. It is just RM 6.8 million. I wonder is RM 6.8 million is the only reason ? Looks not much, right.

Sales ~ LOL. I still own number of shares in AAX. So is in Hengyuan, Hibiscus, Huaan. AAX should make a lot more revenue and profit for Q4 2017. Q4 is the best cycle of the business.

But , I am more into searching a turn-around company. Last few years, NetX looks bad because of 2012-2016 continuous losses. Year 2017 - there is much improvement on NetX.

When I look at NetX management team,surprisingly, I know one of them. So, I think I should put some trust on NetX especially as Pelaburan Mara bought very significant amount of NetX shares. PMB bought NetX in 2013. But NetX makes losses. Finally, they have turn-around with payment-system business model. Going forward, I cant see anymore losses especially, no more significant impairment of goodwill can be claimed by NetX.

I remember the day, I may 200% return on AAX. Perhaps, NetX can provide that opportunity. Even more ? What do you think ?

I have invested some, still investing in Netx and will add more after I understand more details about Netx.

Netx is under my radar . Anyone has any information - why June 2016 quarter result revenue is only RM 50k and net loss to shareholder was RM13 million ?

NetX - looks good with improving profit and revenue for the last few quarters. A counter to watch in 2018.

AAX fails me big time in Q3 2017. I am frustrated. The things purposely included in Q3 2017 . The one off RM 50 million bad debt , and RM 30 million deferred tax.

If they don't include that two element, Q3 makes Profit After Tax RM 39 million. That is better than 2016.

Investing is full of surprise. That proves one thing, I am not an insider game, this time I also kena.

Still got shares in AAX and I think Q4 result will be good if there is no more surprise.

Thank you guys who allowed me to repurchase at .715

I take opportunity to repurchase today

Normally, a person with doctoral degree has the following traits - (1) ambitious, (2) hardworking , (3) problem solver, (4) ethical, (5) brainy. I am not wrong to put my faith and money with him.

Maestroz , penny stock , need to be choosy. Look at the fundamental before jump into the buy queue. If not , you will be lose your saving and your house.

I read you wrote about Keyasic and others.... I check their P/E ratio and the profit/loss trend, then I think it is a 1 day stock. I dont say "no" when anyone promote creepy stocks because I learn many people cant take it , they take it personal, they will hate me.

So, the next best alternative for you is to learn from your own experience. If it is bad, you need to be able to recover. So, gamble small in creepy stock but invest large in good fundamental stock because when good fundamental stock goes down 1 sen, 2 sen or 3 sen, it will go up higher after that.