2 people like this.

2 comment(s). Last comment by calvintaneng 2020-02-28 09:16

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-02-28 07:26 | Report Abuse

IN PAST MARKET CRASHES - THE DEPTH OF COLLAPSE IS 90% OR MORE

1) TULIP BUBBLE CRASHED BY 90%

2) SOUTH SEA BUBBLE CRASHED BY 90%

3) WALL STREET CRASHED BY 90% DURING GREAT DEPRESSION

4) ASIAN FINANCIAL CRISIS M'SIA BLUE CHIP/2ND BOARD DOWN 90%

PUBLIC BANK WAS 80 SEN, NESTLE RM11.80 & MAYBANK RM2.50

5) 2008 SUBPRIME: LEHMAN BROTHERS, BEASTERN, MERILL LYNCH, WASHINGTON MUTUAL WENT BANKRUPT

https://www.theguardian.com/business/2008/dec/28/markets-credit-crunch-banking-2008

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-02-28 09:16 | Report Abuse

Precisely We SEE good solid reasons to buy and hold Netx

1) NETX HAS RM34 MILLIONS CASH VERSUS DLADY WITH ONLY RM32 MILLIONS CASH

NETX HAS ANOTHER RM72.7 MILLIONS WITH ARIANTEC THE SUBSIDIARY & OTHERS

SO NETX IS ROCK SOLID WITH RM106.7 MILLIONS IN CASH AND CASH EQUIVALENT

ZERO BORROWINGS FOR BUSINESS

QL HAS RM1 BILLIONS BORROWINGS NOW HANGING OVER ITS NECKS

FOR ALL OF US HOLDING THIS ROCK SOLID NETX WITH PROSPECT OF NFCP RM50.3 BILLIONS FIBER JOBS IS A REAL SAFE SHELTER IN THIS TIME OF STORM

Post a Comment
Market Buzz