Wernluan pls don’t buy if you don’t believe in this co. Promoters no need to come out to promote at low any counters . Promoters usually come out at the last leap . Just my 2 Sen . I mean hello netx is now 1.5 Sen not 15 Sen . We are talking about a rm2.6b proposed allocation !
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If I didn't go through the Annual Report and read more carefully I would not have uncovered the hidden stash of Rm72 millions deposited with NETX's subsidiary companies
This very import cash hoard will most probably be overlooked by 99.9% of people
1. Fund managers are not supposed to look at 1 sen stock. They will concentrate on proven, popular blue chips and highly recommended 2nd liners at best. 3rd liners are usually pass over. And a 1.5 sen stock? Not in a thousand years!
2. Remisiers are also too busy going through their own house recommendations. For example Rhb Investment Bank stock brokers and dealers will refer to their yearly "jewels" stocks for guidance . These have no time to look at Netx with such lousy prices like 1.5 sen
Others like kn kenanga, public and others also don't bother with such low prices shares below 10 sen. And instead of doing thorough research on each and every 1,000 shares very very carefully to find that hidden gem they will spent time downgrading Uzma in unison
They are just told lazy to do their independent research. So just follow other stock brokering houses and copy from one another in "group think".
Then we have uncle's and unties in coffee shops. Many don't know English. So cannot read annual reports Others can read but will not do it carefully with painstaking effort
Others still will just listen to what others' opinions. And people who don't study very very carefully about the Annual Report and learn to see pre-conditions will also miss this hidden gem called Netx
Still others like wernluan are opinionated and look at past records to prejudge
Sifu Warren Buffet said you cannot drive a car by looking at the rear view mirror
Yes, netx has gone through a bad patch for several years now. But look ahead. The scene in front (not look behind) has turned for the better
We are now leaving desert land for the promised Land
After 40 years wandering in the desert we finally arrived in Canaan
It is amazing that people with tens of thousands or hundreds of thousands or even millions invest in stock market just by hearsay
They get a tip from the crowd without doing self study and deep research and plunk tens of thousands of ringgit in a stock like barakah or chase a popular Stock like Greatec just like chasing ifca to rm1.87?
Knowing next to nothing the real status of the company only just by one or two quarterly reports?
Any go buy a house or car will study carefully first. But many who buy shares don't bother to study and test carefully
Posted by calvintaneng > Oct 10, 2019 8:16 AM | Report Abuse
Good morning
If I didn't go through the Annual Report and read more carefully I would not have uncovered the hidden stash of Rm72 millions deposited with NETX's subsidiary companies
Very likely the money is "invested" in Fintec etc....lol
why push it to 5c? just make a GO @ 1c and walk away with that stash of cash lying around. after all if this kompani is really into bizness they would have figured out how to make full use of the 'kapital' in the first place.
No. Calvin is a lover of peace. Only 3 x idiots go everywhere doing his damage by not doing a careful and proper study of fundamental, precondition and especially market cycles
Proctrated trade war offers Malaysia unique opportunity to become choice destination for FDI with high added value Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools Mandatory Standard on Access Pricing (MSAP) has successfully reduced broadband prices by 49% and increased speeds by three times Govt intends to develop a 100-acre logistics hub at Special Border Economic Zone at Kota Perdana in Bukit Kayu Hitam to strengthen trade relations with Thailand RM250m will be set aside by MCMC to prepare broadband access via satellite technology to increase connectivity in rural Malaysia, especially Sabah and Sarawak National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b
This One Below Chun Chun On Target!!!
National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
thesteward
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Posted by thesteward > 2019-10-09 23:22 | Report Abuse
Additional point :
Asiabio/Fintec accumulated quite a fair bit in August
1.5 Sen is so much lower than the pp prices
Netx has the know how in this area n infras has been set up in quite a few areas