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2 comment(s). Last comment by calvintaneng 2020-01-07 10:33
Posted by calvintaneng > 2020-01-07 10:33 | Report Abuse
VERY GOOD MORNING TO ALL DEAR INVESTORS FROM CALVIN OF SINGAPORE
Today's Topic is
WE BUY NETX BECAUSE IT HAS MARGIN OF SAFETY
WHEN NETX WAS 1 SEN CALVIN ISSUED BUY CALL (Now how to buy a stock at 1 sen is beyond Fund Managers. No Fund Manager or IB in their right mind will bother with a share worth only one sen!)
THEN WHY CALVIN DARED TO BUY NETX AT 1 SEN?
ANSWER:
1) NETX HAS ZERO DEBT FOR BUSINESS (You cannot go bankrupt if you don't owe money
2) NETX HAS RM35 MILLIONS IN CASH. When Netx was selling at 1 sen & it has a cash hoard of Rm35 Millions which means it has 1,2 sen in cash per share.
THIS DISCOVERY GAVE GOOD MARGIN OF SAFETY & UNDERVALUATION
3) DIGGING FURTHER INTO ANNUAL REPORT CALVIN DISCOVERED THAT NETX GOT CASH LOANED OUT TO SUBSIDIARY ARIANTEX AND OTHER AT RM72.7 MILLIONS (HU HU HU )
THAT WAS WHY NETX HAS EXTRA HIDDEN VALUE.
AS MARGIN OF SAFETY BUFFER GOES UP CALVIN TURNED MORE BULLISH AND TOLD ALL TO BUY AT 1.5 SEN. AFTER THAT 2 SEN. WHY CAN BUY NETX NOW AT 2 SEN?
4) BECAUSE COMPANY EMPLOYEES DARED TO PICK UP NETX SHARES AT 2 SEN (50 MILLIONS FOR ESOS AT 2 SEN ALL TAKEN UP)
Tell you a secret
Calvin called Netx staff and asked if there should pass it up then let Calvin take over the ESOS at 2 sen. But they said they will exercise ESOS at 2 SEN
THAT MEANS THAT THE EMPLOYEES OF NETX ARE ALSO SANGUINE ABOUT COMPANY'S FUTURE.
AS SUCH OUR MARGIN OF SAFETY HAS NOW GONE UP FROM ONE SEN TO 2 SEN STRONG SUPPORT
NOW CALVIN IS VERY VERY HAPPY FOR ALL WHO BOUGHT NETX FROM 1 SEN TO 2 SEN
WE AWAIT NFCP RM50.3 BILLIONS ROLL OUT
TIME IS ON OUR SIDE
AS WE MOVE INTO JANUARY, FEBRUARY, MARCH THE EXCITEMENT OF NFCP WILL FILL THE AIR
SO HOLD TIGHT EVERY PRECIOUS NETX SHARES FOR A COMING MULTI YEAR BULL RUN TIME
ALL WHO INVEST IN NFCP STOCKS WILL BE VERY VERY VERY WEALTHY FOR
2019
2020
2021
2022
2023
5 CHEERS!!
Kindest Regards
Calvin
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4.9 / 5.0
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....
ColinLim
11 posts
Posted by ColinLim > 2020-01-01 15:40 | Report Abuse
May the new year bring much joy n success to those who keep faith in Netx.Thanks to Calvin for his invaluable recommendations.