As for the business community, MIDF Research points out that steps taken under Budget 2021 will ensure that businesses, especially the small and medium enterprises, will be able to not only sustain but thrive under present economic conditions.
“Various measures to drive investment in technology, supply chain, logistics and sustainable development and assistance to encourage the manufacturing as well as the consumption of domestic made products would foster a more conducive business environment.
“These activities would contribute towards creation of new job opportunities.
“In tandem with the various initiatives on employment, we believe that this will ensure that employment will return on its growth path, ” says the research house.
On the government’s decision to raise the Covid-19 fund ceiling under Budget 2021 to RM65bil from RM45bil earlier, MIDF Research says it will provide the government with much-needed funds to continue to combat the pandemic, considering that the war on Covid-19 is yet to be over.
Do forget U R going to be Kaya with Netx loh....!!
Posted by Victor Yong > Nov 6, 2020 2:55 PM | Report Abuse
Net Assets per share attributable to owners of the Company (RM) 0.02 @ 31/8/2020 (839m less 626m= 213mil shares after consolidation excluding the RI ~626m shares).
Net assets per share after RI based the QR as at 31.8.2020 ~ [(213mil x 25 shares x 2sen) + (626m x 13sen)]/839mil ~23sen#
PB value ~ 0.5x ((harga lelong))
Cash per share ~[RM46m + RM82mil]/839mil = 15sen++ ((kaya tunai))
If NETX has no inherent positive preposition & margin of safety...General RAIDER will always run away a thousand miles loh...!!
Why simply promote leh ?? Like promoting Padini at Rm 6.00 is very stupid mah...!!
Raider got a reputation to protect too mah...!!
Lets Focus the key success factors at Present Netx mah;
1.CULMULATIVELY NETX ALREADY SPEND RM 200M DEVELOPMENT COST, U JUST JOIN AT THE TIL END OF UPCOMING COMMERCIALIZATION AT A DISCOUNT MAH..!!
2. THE NET CASH OF NETX IS HIGHER THAN THE SHARE PRICE MKT CAP LOH..!!
3. ALL THE EXISTING SHAREHOLDERS LOSE MONIES INCLUDING THE MAJOR SHAREHOLDERS & INSIDERS LOH...!!
4. THE RIGHTS ISSUE WITH WARRANT AT 13 SEN ACCORD U PROTECTION UPTO SHARE PRICE 11.5 SEN LOH...!! MEANING IF SUBSCRIBE THE RIGHTS & EXCESS U CAN AFFORD NETX TO FALL TO 11.5 SEN WITHOUT LOSING A SINGLE DIME MAH..!!
5. THE UPSIDE OF NETX IS VERY HIGH LOH...POSSIBILTY IT CAN GO 15 SEN IMMEDIATELY & 25 SEN AND EVEN 50 SEN THE NEXT 6 MONTHS MAH...!! THE PROFIT OPPORTUNITY IS ENORMOUS LOH & NOT IMPOSSIBLE...!!
JUST SAY NEW NETX IS 25 SEN.... IT IS JUST LIKE 1 SEN PREVIOUSLY WHEN IT IS 50 SEN............IT IS JUST 2 SEN PREVIOUSLY MAH..!! SURELY NOT IMPOSSIBLE LOH...!! NETX HAS SHOWN PROFITS THE LATEST QTR & MANY OF ITS PRODUCTS STARTED COMMERCIALIZATIONS LOH..!!
COME JOIN GENERAL RAIDER LEADING U VICTORY IN NETX LOH..!! GET YOUR....... "MOMENT IN TIME & DREAM COME TRUE LOH"..!!
IN HIND SIGHT....NETX OWNER MANAGE TO GASAK ALMOST EVERYTHING ON NEXT RI LOH...!! So if gasak everything for themselves...u will know what will happen next loh ?
IF THAT PLAN HAPPEN IS SUCCESSFUL....WE CALL FOR "PLAN B LOH"
That means we should bullishly follow & apply for Excess RI loh..!!
IF stock relist when it is very cheap when every body lose monies, it is safe & we pick aggressively big from the market when price is low mah...!!
Posted by stockraider > Oct 17, 2020 11:08 AM | Report Abuse X
Correctloh... the owner want them to throw towel & gasak everything for themselves mah....!!
So if gasak everything for themselves...u will know what will happen next loh ?
REMEMBER RAIDER STRATEGY IS WELL THOUGHT OUT, COVERING ALL ASPECT FOR NETX LOH...!!
THE OWNER JUST WANT TO SCARE SHIT OUT OF U, TO GASAK ALL THE SHARE FOR THEMSELVES MAH...!!
PLS DO NOT LISTEN TO THE NAYSAYERS & GET CONNED LOH..!
Posted by Sslee > Oct 16, 2020 12:27 PM | Report Abuse
Stockraider if you can apply for 1.5 million excess RI that mean many people thow in the towel. By the time you get the Right shares into your account the market price already drop below 13 cents. So more losses to you instead of selling your Netx before 25 to 1 at 1.5 cents to book 50% gain you are now going to loss more
Posted by gohku > Oct 16, 2020 11:55 AM | Report Abuse
I think raider strategy is quite sound & safe.
My analysis are as follows;
He has taken into account of the 25 to 1 consolidation, that will render all the existing shareholders of netx to lose monies including the major shareholders.
He has subscribe for the very generous rights issue with warrants & has applied for additional enormous excess rights issue .
If market fear NETX & do not subscribe for the rights issue bcos of weaknesses in NETX share price, i think Raider will hit his jackpot.
Conclusion I think Raider investment plan on NETX is very well thought of & quite sound.
Sometime you need to be unconventional like Raider to make it big in the market.
Remember With Rm 126m to Rm 131m net cash in Netx with the RI completed ,u can find big opportunity mah...!!
In addition there is a bigger skin in the game, where management confidently buyout netx & had put in rm 36m of its own hard own money to be the new substantial shareholders loh...!!
Everything is reset for Netx, it is the beginning of a New Era & a new prosperous technology NETX Mah....!!
Very Bullish scenario mah...!!
Posted by stockraider > Nov 6, 2020 2:25 PM | Report Abuse X
Earlier u makan sudah pangsai u still talk earlier meh ??
As at now & coming future Raider will make money on Netx RI loh...!
Everything reset a new beginning after RI mah...!!
Posted by Mikecyc > Nov 6, 2020 2:23 PM | Report Abuse
haha Credit Suisse n Fintec / Asiabio is much better than the 3 Directors in terms of reputation and financially ..
U need to understand there are always 2 side of coin arguement in whatever u Do mah...!!
Like recently many Sohai naysayers bad mouthed Netx loh...!!
Like 10 to 1 sohai v Raider loh...!!
General Raider single handedly refute all their misleading comments that out to create unjustify fear with very clear arguement, why NETX is here for us to make monies loh...!!
It is proven already mah!, Despite Netx share fall to 12.5 sen...Raider applying for heavy Netx rights & excess rights still Ahead in making reasonable profit mah...!!
The lesson here shows that, if your investment are sound u r not afraid of bullshits no matter how many & how loud those bullshits is loh...!!
Thats how amazon & facebook are formulated thru high investment in R&D with no income quite similar to NETX now loh...!!
The naysayers sohai 3iii, mike, scenery, smartwins, sslee do not understand futuristic disruptive business like netx, need heavy investment during development loh..!!
He think development...like mama like developing a special recipe on chowkiautiau loh...!! No NEED Money ONE loh..! Very naive mah...!!
Good news is some of NETX products had passed the stage of Development now we are starting to commercialize loh...!!
We are in a very exciting stage but still need money for the last lap loh..!!
Posted by calvintaneng > Oct 23, 2020 8:23 AM | Report Abuse
Very good morning all
Tesla excelled due to disruptive technology
So is NetX
NetX is a disruptive tech of the future
It is called NetX
Net as in inter-net
X is to cancel off old tech
So NetX is a technology stock the will do away old and outdated methods of doing things
If u listen to this type of dinosaur sohai 3iii & Mike there will be no future amazon, facebook & alphabet loh...!!
Sohai 3iii quotes "SC should study this company's fund raising activities. Monitor its activity and its related sister companies to ensure the function of the capital market is respected."
U will stuck with old stock like Padini at Rm 6.00 & now around Rm 2.00 loh....!!
Posted by jlex11 > Oct 19, 2020 2:57 PM | Report Abuse
Guys , allow me to shares my views on Netx...Netx shares outstanding was appro. % billion shares and the consolidation reduce it to appro..200 million and if the operate want to push it they can...but that not what in their mind...
What are their plan :
a. Keep the price close to 13 cts to discourage investors to subsribe for it thus undersubscription and they will mope up the diff.
b. If my view is correct, they will start pushing tomorrow till the new rights shares to be listed . Lot of Sohai will chase and get burned .
c. If my take is correct, expect the shares to go up from tomorrow . Do not expect the shares to close higher that 15cts likely 14.5cts...
Let wait and watch the show...Raider will be laughing against the Naysayers , .....
now, netx has rm120mil cash after the RI. probably, certain funds are accumulating the undervalued shares. many rumours like netx and finexia and a group from hongkong/china will bid for a Malaysian digital banking license. when the share price is back to 20sen , private placement to a hongkong/China group at higher share valuation. wait n see.
netx maybe part of a consortium to bid for digital banking license also. wait n see.
KUALA LUMPUR (Nov 6): Digital Banking holds a promising future in Malaysia and the journey towards establishing digital banks will become a reality with the digital transformation in the Malaysian financial landscape.
The Ministry of Finance (MoF), in its Economic Outlook 2021 report released today, said a digital bank is essentially a virtual bank which operates in a digital environment and is devoid of brick-and-mortar presence of a traditional bank.
However, it said digital banks would offer similar services to that of traditional banks, such as savings and current accounts, withdrawals and transfers, and as such, is expected to revolutionise the financial landscape by offering financial services through digital and automated platforms.
It said currently, Australia, Brazil, Canada, China, Germany, Hong Kong, South Korea, South Africa, Taiwan, the Philippines, the UK, and the US have established their own digital banks while Singapore is expected to issue its digital bank licences in 2020.
“Meanwhile, Bank Negara Malaysia (BNM) is at the stage of finalising the updated Exposure Draft on Licensing Framework for Digital Banks issued on March 3, 2020.
“With this development, Malaysia looks forward to establish several digital banks in the near future, the way for a more vibrant financial services landscape,” it said.
The MoF said the establishment of an effective regulatory ecosystem for digital banks in Malaysia is still in progress with the updated draft by BNM on March 3, 2020 having proposed a balanced approach to enable the admission of digital banks, with strong value propositions while safeguarding the integrity and stability of the financial system.
It said through the framework, up to five licences might be issued subjected to the applicants' ability to meet the requirements of the Financial Services Act 2013 and the Islamic Financial Services Act 2013.
The Ministry said the journey towards the establishment of digital banks is an expected progression in the Malaysian financial market as the country evolves into a digital economy.
It said for the transformation to materialise, a whole new wave of digital products and solutions must be in place, supported by a robust regulatory ecosystem, innovative technology and cultural adaptation to accelerate economic growth and financial inclusion in Malaysia.
Furthermore, it said the COVID-19 pandemic, which has accelerated remote and contactless transactions, also provides the impetus for the establishment of digital banks.
On the other hand, it said the road towards digital banks also requires digital transformation, mastering new skills, adopting new processes, and changing the way business is being done.
Thus, it said all interested parties need to reform their business models and culture and emphasise innovation as well as greater adoption of big data analytics to create a customer-centric orientation.
The Ministry said the transition to digital banks may not be straightforward and could disrupt financial services.
Traditional banks, it said, may also form new ventures and apply for a digital bank licence as part of efforts to reform their business model of which the model must also cater to the underserved and unserved segments of society such as low-income individuals, early income millennials, start-ups, as well as small and medium enterprises.
GENERAL RAIDER SAY GIVE 2 MTHS TO BE VERY HAPPY LOH...!!
NOW LESS THAN 1 MTH ALREADY HAPPY MAH...!!
IN 2 MTHS TIME WILL BE VERY HAPPY LOH...!!
Posted by stockraider > Oct 19, 2020 3:32 PM | Report Abuse X
GENERAL RAIDER HAS GIVEN MYSELF WITHIN 2 MONTHS TO BE VERY HAPPY ON NETX MAH.....!!
RAIDER NOW HAPPY LOH....THE MANAGEMENT WANT IT TO DROP TO SCARE THE SHIT OUT OF NETX INVESTORS IN ORDER FOR THEM TO COLLECT, BUT IT DID NOT FALL MAH..!
INSTEAD IT RISE ABIT LOH...!!
THIS IS A POSITIVE DEVELOPMENT MAH..!!
IT MEANS SOHAI CHICKEN NETX SHAREHOLDERS ALMOST SOLD LOH..!!
LEAVING THE BRAVE IRONBALLS SHAREHOLDERS TO STAY LIKE RAIDER & SIFU CALVIN LOH..!
A VERY BIG VICTORY COMING FOR GENERAL RAIDER COMING MAH...!!
GENERAL RAIDER WAR THEME SONG...LETS GO FOR GOLD LOH...!!
One Moment in Time- listen to this inspirational song
Whitney Houston & General Raider
Each day I live I want to be A day to give The best of me I'm only one But not alone My finest day Is yet unknown I broke my heart Fought every gain To taste the sweet I face the pain I rise and fall Yet through it all This much remains I want one moment in time When I'm more than I thought I could be When all of my dreams are a heartbeat away And the answers are all up to me Give me one moment in time When I'm racing with destiny Then in that one moment of time I will feel I will feel eternity I've lived to be The very best I want it all No time for less I've laid the plans Now lay the chance Here in my hands Give me one moment in time When I'm more than I thought I could be When all of my dreams are a heartbeat away And the answers are all up to me Give me one moment in…
Posted by stockraider > Nov 6, 2020 11:17 AM | Report Abuse X
HOW MUCH AHMOI THE ADMIRER LOSSES FOLLOWING HER FAVORITE SOHAI 3iii LEH ??
U better check loh...!!
Who is telling lies loh ?
U will be doing us a big favor if u try to be a bit honest by not shouting when your counters are overvalue loh..!
Multi beggers ? The last 2 years how it fair leh ??
This sohai 3iii talk about margin of safety when dlady Rm 66.00, Padini Rm 6.00 , Petdag Rm 32.00 and Pbank Rm 24.00... U check out what is the price now leh ??
Where is the margin of safety this sohai 3iii talking about leh ?
U have been shouting this type of stocks when it is overvalue & when price very high loh...!! NO MARGIN OF SAFETY MAH!
Not General Raider shouting Undervalue when price very low mah...!! This margin of safety loh...!!
posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 30, 2020 1:19 PM | Report Abuse
At 1 sen before consolidation, the market cap of Netx was 52 million
It raised 80 million through its recent rights issue.
Here are some important lessons one can learn from the Rights issue of NetX.
Lesson 1:
Today, at 11 sen, post consolidation and RI, its market cap is 92.33 million.
The original holders of NetX shares at 1 sen per share (before consolidation) has lost 56% today.
If the original NetX shareholders have subscribed to all the rights issue, they would have lost even more today.
Lesson 2:
Today, its market cap is 92.33 m
It raised 80 m through RI.
Thus, we can say that prior to the consolidation and RI, Netx at 1 sen per share (or 52 m market cap) was SEVERELY OVERVALUED. Rightly, the company has been repriced and this initial 52 m is now valued at 12.33 m in its present market cap and shrinking still.
Lesson 3:
Now, let us observe conman calvin's posts. Firstly, conman calvin has shied from admitting his losses. Pride stands in conman calvin's way and he has to declare to everyone here he is buying more. Well, no one really is interested in the posts of the person with no integrity. It is obvious to everyone that conman calvin and dishonest raider are swimming naked in this longkang of NetX. deMusang observed their small pendulums swinging to and fro each time these duo posted.
IF U BUY NETX B4 IT SHOOT UP HIGH HIGH ABOVE THE ROOF MAH..!!
IN ADDITION VERY SAFE WITH MARGIN OF SAFETY MAH...!!
Netx undervalue loh...!
Remember Net cash per share 15 sen mah..!!
Nta per share 23 sen per share mah....!!
Do forget U R going to be Kaya with Netx loh....!!
Posted by stockraider > Nov 6, 2020 11:25 AM | Report Abuse X
RAIDER VERY PANLAI MACAM ALA ESP LOH....!!
Posted by stockraider > Oct 29, 2020 8:47 AM | Report Abuse X
Trap ah ??
Raider voluntary commit more than Rm 300k subscribing for Netx RI from relative small exposure of rm 5k mah..!! Why bcos big margin of safety mah & great prospect loh...!! Very fundamental type of approach loh...!!
It is long term strategic by designed mah...!! Investing in Netx can be longterm whereas investing Insas-w very short term, it has to be short term bcos it has very short expiry date mah..!!
Lu pakai otak & think and analyse properly lah...!!
Posted by Sslee > Oct 28, 2020 8:55 PM | Report Abuse
Haha did I heard wrongly. Someone bet on Insas-WB with few week before expire is now a long term Investor in netx? If already trapped inside say so lah. Don't need to be shy.
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....
Mikecyc
45,527 posts
Posted by Mikecyc > 2020-11-07 09:39 |
Post removed.Why?