Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-23 07:44 | Report Abuse

>>>>

NETX MISSION STATEMENT (Official email enquiry by Calvin Tan to Ms Penelope of Netx) Calvin Tan Research | I3investor
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2019-11-09-story234573-NETX_MISSION_STATEMENT_Official_email_enquiry_by_Calvin_Tan_to_Ms_Penelope_of_Netx_Calvin_Tan_Research

>>>>
Big biggest fool in Next from 2019 to 2021 was calvintan of Singapore fame.

8.11.2019 39 sen per share
24.12.2020 14 sen per share
24.12.2021 12 sen per share
21.12.2022 7 sen per share

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-23 08:49 | Report Abuse

>>>
Stock: [NETX]: NETX HOLDINGS BHD

2019-11-13 10:48 | Report Abuse

>>>

Calvintaneng wrote:

Nov 13, 2019 9:50 AM | Report Abuse

Target price for Netx

8 sen

15 sen

30 sen

Go go power ranger!!!

>>>>


NetX has outstanding 3.5 billion shares.

At 8 sen = Market cap of $304m
At 15 sen = Market cap of $525m
At 30 sen = Market cap of $1.05 billion


The smartest person in the forum is the manipulator indeed.

>>>>


Market cap of Netx today is RM 59 million

Posted by Good123 > 2022-12-24 15:01 | Report Abuse

According to our respondent (R14), political influence, which is human related, is one of the
fundamental causes of corruption. High rates of nepotism caused the land office in Malaysia to become
of the most active sites of corruptions, regardless of whether the means of doing business was
conventional or digital.

Posted by Good123 > 2022-12-28 14:03 | Report Abuse

the msian authority might do the same for the same issue here
SINGAPORE (Dec 28): John Soh Chee Wen — the accused mastermind of the 2013 penny stock crash — and his co-conspirator Quah Su-Ling were sentenced with 36 years’ and 20 years’ jail respectively.


Soh and Quah were on May 5 found guilty of several of the charges they were facing under three groups of criminal conspiracy including for forced trading, price manipulation and deception.

Soh was convicted of 180 of the 188 charges he faced while Quah was found guilty for 169 of the 178 charges she faced.

The two “long-term partners in both business and personal affairs” had been on trial since March 2019 for orchestrating the manipulation of three penny stocks, Blumont Group, Asiasons Capital and LionGold Corp — collectively known as BAL — between 2012 and 2013. The stocks crashed in October 2013 and destroyed some S$8 billion in market value.

The episode has been described as Singapore’s largest-ever case of share manipulation and involved 189 securities trading accounts held with 20 financial institutions and 60 individuals and companies.

The prosecution had previously sought 40 years' and 19 and a half years' jail for Soh and Quah respectively.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-01-06 07:48 | Report Abuse

>>>>

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 12:33 | Report Abuse 
Very good morning all

Calvin found some facts about Netx

1.Netx is still an IT start up in its early days

2. As such company is still in teething phase of finding its niche in THE DIGITAL ECONOMY

3. To survive management has done its utmost to raise capital. Looks like few banks are willing to finance this start up. So Netx raise its capital by

1. Issuing Esos to Netx employees as high as 4 sen. They raised rm6. 5 millions

2. Then by private placements as high as 5 sen

3. Finally mcquarie Bank invested rm20 millions in Netx shares at 4 sen a piece


All of them are holding Netx shares as high as 4 sen to 5 sen

Now Netx has very little borrowings and still got Rm37 millions in Cash

Rm37 millions is about 1.2 sen per share
BUT netx is so bombed out that is share price has even fallen below cash value

4. As value investor Calvin sees Netx as a potential buy for these reasons:

A. At 1 sen with Nta of 3 sen Netx is selling at a whopping 66% discount which is more than Ben Graham requirement of 33%

B. Of the 3 sen nta 1.2 sen is pure cash

C. Netx could be like hibiscus stilling looking its port of gold here and there till hibiscus struck oil

D. So netx has a very very good survival and prosperity chance going into THE DIGITAL ECONOMY FAT YEARS OF THE NEW IT AGE FOR MALAYSIA

E. TODAY EPF IS GOING ONLINE. THE FIRST IN THE WORLD TO GO INTO THE CLOUD OF CYBERSPACE

F. NETX OFFICIAL WEBSITE STATED THAT IT HELPED TO BUILD TELEKOM INFRASTRUCTURE
IF TELEKOM GETS RM11 BILLIONS OF THE 12MP JOB FOR FIBERISATION THEN NETX WILL GET SOME VERY SUBSTANTIAL JOBS

5. ALL THE EXPENSES OF DIRECTORS (NO CE0 WILL SAVE ON HIGH SALARY) ARE LISTED IN TRANSPARENT MANNER

6. MY RESERVATION WAS NONE OF THE NETX DIRECTORS OWNED NETX SHARES. BUT THEN I DISCOVERED SOMETHING

7. DIRECTORS OF NETX ALSO OWN SHARES IN ASIABIO. AND ASOABIO HAS BOUGHT TENS OF MILLIONS OF NETX SHARES FROM THE OPEN MARKET IN AUGUST 2019

8. WHY INVEST SO MUCH IN NETX BY USING ASIABIO UNLESS THEY ARE SANGUINE ABOUT NETX PROSPECTS IN COMING BUDGET

9. BECAUSE OF THE ABOVE FACTORS CALVIN THINK THERE IS A 70/30 CHANCE NETX WILL BOTH SURVIVE AND PROSPER GOING INTO YEAR 2020

10. WHY YEAR 2020?

BECAUSE YEAR 2020 IS THE YEAR OF THE DIGITAL ECONOMY

YEAR 2019 HAS BEEN A VERY VERY POWERFUL BULL RUN TIME FOR OGSE STOCKS DUE TO PETRONAS RM30 BILLIONS CAPEX

SO WITH RM21. 6 BILLIONS CAPEX FOR THE NATIONAL FIBERISATION THE BULL RUN BATON WILL PASS ON TO INTERNET RELATED STOCKS FOR THE NATION OF MALAYSIA

BEST REGARDS

CALVIN TAN RESEARCH
SINGAPORE

>>>>

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-01-06 07:54 | Report Abuse

>>>>>

CharlesT
14,144 posts
 Posted by CharlesT > 2019-09-25 14:05 | Report Abuse
If they still use the same tactic then shares consolidation n rights issues will be coming

FoolsGold
654 posts
 Posted by FoolsGold > 2019-09-25 14:08 | Report Abuse
facts on NETX ,

- last fin. yr, it burned up rm19 m in admin & other operational expenses , even though turnover
was only 17.5 m !

at this rate, the 31m will soon be evaporated within 1.5yrs, real need to raise money again soon


- its share capital is a whooping 3.273 billion shares
to make 0.1 sen net profit per share, it need to have net profit of rm3.273 m, which it cant even deliver

- NETX has the unique distinction of being one of the 3 ACE stks that trade in 1-1.5 sen level,
(the others are EAH & VIVOCOM)

- really scraping the bottom of the barrel of lousy ACE stks, to find a 'winner's

- its a pure gambling stk,, ideal for hard core gamblers
only 1 sen maa... but whn nxt result out, could v well dive to 0.005 sen !

CharlesT
14,144 posts
 Posted by CharlesT > 2019-09-25 14:09 | Report Abuse
Maybe 10 into 1 shares consolidation n then 5 for 1 rights issue at Rm0.10...lol

FoolsGold
654 posts
 Posted by FoolsGold > 2019-09-25 14:11 | Report Abuse
pity the employees, lose their hard earn money, tells a lot on their mgmt..
you trust your money with this company ah ?
Good luck...

stncws
9,522 posts
 Posted by stncws > 2019-09-25 14:36 | Report Abuse
10in1 baru goremg

bargadcapital
190 posts
 Posted by bargadcapital > 2019-09-25 14:54 | Report Abuse 
kwap comin in

FoolsGold
654 posts
 Posted by FoolsGold > 2019-09-25 15:09 | Report Abuse
Asiabio was sold on tp 8 sen, remember ?

could be the guy responsible got a real shelling, when NETX fell to 1 sen,

n thought up a desperate promo campaign on NETX via a win-win formula..

kasim Insider(a substantial shareholder)
Aug-2019 Asiabio Capital sdn bhd Acquired 103,000,000 shares
25/09/2019 2:36 PM

CITADEL
1,858 posts
 Posted by CITADEL > 2019-09-25 15:12 | 
Post removed.Why?

>>>>

>>>>

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 15:47 | Report Abuse 
ACCORDING TO LATEST QUARTER REPORT OF NETX

Cash and bank balances ..... Rm34,849,000 (Rm34.8 Millions) & little debt

calvintaneng
49,412 posts
 Posted by calvintaneng > 2019-09-25 15:51 | Report Abuse 
SEED MONEY IS SOWN

NOT LOSS

WHEN YOU THROW SEEDS INTO THE SOIL IT IS NOT WASTED

SOIL COVERS SEED AND HIDDEN FROM VIEW

BUT SEED GERMINATES

THEN COMES OUT YOUNG SHOOTS

LATER GROW INTO TREES

ALL GREAT COMPANIES STARTED WITH AN IDEA

AND NETX (BY THE POWER OF THE DIGITAL ECONOMY) IS AN IDEA WHOSE TIME HAS COME!!

>>>>>>

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-01-06 07:59 | Report Abuse

The first post by the hero of NETX on his promotion of NETX in 2019.

A few fellow forum participates shared their cautious remarks on this company.

However, the hero of NETX was adamant and deaf: started talking of the cash in this company.

The hero of NETX continues the same mistakes in subsequent promotions repeatedly.

Did he stop and learn from his mistakes? Pride maybe preventing the hero of NETX from doing so.

Posted by Shootup > 2023-01-26 17:53 | Report Abuse

mr calvin, can u pls sell all ur shares in netx.. the major holders dont want u get a share of netx rebounding gain... pls sell for the good of all your supporters and fans

Posted by Shootup > 2023-01-26 17:57 | Report Abuse

mr calvin... pls sell and netx will rebound after that... thanks...

Posted by JJPTR > 2023-01-31 12:30 | Report Abuse

NetX pays RM20 for Sungei Wang Plaza retail units that come with RM32. 8m court settlement liabilities. KUALA LUMPUR (Sept 3): Loss-making NetX Holdings Bhd is acquiring the holding companies of six retail units in Sungei Wang Plaza that have court settlement liabilities for a nominal sum of RM20.3 Sept 2021

1. LG001-D, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
2346 sq ft

2. T-136, Sungei Wang Plaza, Jalan Sultan
Ismail, 55100 Kuala Lumpur
570 sq ft

3. LG001-2, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
1173 sq ft

4. LG001-1, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
1054 sqft

5.LG001, Sungei Wang Plaza, Jalan
Sultan Ismail, 55100 Kuala Lumpur
656 sq ft

6. LG001(A) & (B), Sungei Wang Plaza,
Jalan Sultan Ismail, 5
279 sq ft

Lot LG001-2 and LG001-1 under the SWH Properties which is currently rented out
at monthly rental of RM31,000 and RM24,000,

I was in Sg Wang plaza few weeks ago,trying to locate those units purchase by Netx, but could not find a single one after going round for half an hour. Fishy is the feeling i
have. In case you are there, can try locate them.

Posted by whistlebower99 > 2023-02-02 10:55 |

Post removed.Why?

Posted by whistlebower99 > 2023-02-02 12:00 |

Post removed.Why?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-02-06 06:33 | Report Abuse

My observation of the promotion of NEtX by calvintaneng from 2019 to 2021. calvintaneng, to show off to his supporters, followers and his whatsapp group, claimed he sold 8 properties to buy NETX in 2019.

Conclusion and lesson for all in i3: calvintaneng should have some humility.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-02-07 16:28 | Report Abuse

>>>

whistlebower99

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

>>>>

This was also pointed out clearly to calvintaneng. Calvintaneng was too proud or blind to contrary comments.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-02-07 17:03 | Report Abuse

Benjamin Graham: In the short term, the stock market is like a voting machine, in the long term, it is like a weighing machine.

From 2019 to 2021, calvintaneng created a lot of promotional noises on Netx. But the market cannot be fooled. The market will value a company based on its revenues and earnings, and cash flows.

Sadly, Netx is not a well managed company. Its market cap may not have changed much over the recent years, but the amount of dilution of its shares is definitely significant. A lot of capital raised by this company through right issues has vanished without much output noted.

Posted by Shootup > 2023-02-09 13:10 | Report Abuse

how to dispose all the shares in hand now when there is no transaction at all, no buy volume ?????

Posted by whistlebower99 > 2023-02-10 10:44 |

Post removed.Why?

Posted by whistlebower99 > 2023-02-10 10:44 | Report Abuse

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Posted by Shootup > 2023-02-15 21:15 | Report Abuse

right issue coming soon.. 3 yrs gone since the last issue

Posted by Good123 > 2023-02-17 00:06 | Report Abuse

FORENSIC AUDIT DAN MACC INVESTIGATION OTW KOT? HAHAHA

Posted by Good123 > 2023-02-17 00:08 | Report Abuse

APA PUNYA LANCIAO SYKT... SEMUA PENGARAH TAIK

Posted by stockraider > 2023-02-19 14:46 | Report Abuse

Sell lah!
Do npt waste time loh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-02-24 07:19 | Report Abuse

Chapter 20 - “Margin of Safety” as the Central Concept of Investment

A single quote by Graham on page 516 struck me:

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company.

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?

Posted by SEE_Research > 2023-03-01 16:09 |

Post removed.Why?

Posted by SEE_Research > 2023-03-01 16:22 |

Post removed.Why?

Posted by SEE_Research > 2023-03-01 17:38 |

Post removed.Why?

Posted by 1234rich > 2023-03-03 17:54 | Report Abuse

Shit Director...Do Share Consolidated before the price getting damn low now and NOSH lesser. What the hell? Then PP follow by ESOS and other making the company not healthy ..Getting worse.

Posted by 1234rich > 2023-03-03 18:00 | Report Abuse

Securities Commission , please review your SOP for ESOS , PP and other which always give BAD result to company share price and negative effects for the purpose of investment.

Posted by DickyMe > 2023-03-06 22:19 | Report Abuse

Even after consolidation, it sinks!
This is what Calvin recommended a couple of years ago.
So many brought to Holland by Calvin.

Posted by bbc99 > 2023-03-07 16:10 | Report Abuse

see AZRB, many also brought to Holland by Calvin. After promoted kaw kaw, he disappear

Posted by stockraider > 2023-03-07 20:12 | Report Abuse

Should avoid this stock loh!

Bad deal mah!

Posted by bbc99 > 2023-03-07 20:27 | Report Abuse

Yalo

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-07 21:32 | Report Abuse

>>>>
DickyMe

Even after consolidation, it sinks!
This is what Calvin recommended a couple of years ago.
So many brought to Holland by Calvin.

23 hours ago


bbc99

see AZRB, many also brought to Holland by Calvin. After promoted kaw kaw, he disappear

5 hours ago

>>>>>

Very true indeed.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-07 21:37 | Report Abuse

On hindsight (20/20 vision), it was obvious calvintaneng had fed this forum with false or misleading information.

The information conveyed by calvintaneng to this forum was at best very exaggerated and at worst, false or completely fabricated.

Be wary.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-07 21:42 | Report Abuse

Communication channels used by pump and dump schemes:
emails
SMSes
webinars
youtube channels
twitter
whatsapp
telegram
newsletters, among others.

How to stay safe?
ALWAYS do your own research and be wary of unsolicited investment offers.Go through the company financials before buying its stock.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-07 21:50 | Report Abuse

Don't fall for every stock advice

Today, social media platforms are filled with influencers, of finfluencers, who share stock tips to investment strategies.

Pump and dump - DUMPING

Once the stock soars, those involved in the operation (insiders and brokers) engage in DUMPING the shares at a highercprice, causing a dip in stock prices.

Posted by bbc99 > 2023-03-08 09:45 | Report Abuse

Imagine Conman writes long story to entice people to buy, even up 2 sen, conman can gain huge profit and after that disspear. he appears at another stock to promote again. This tactic he uses for many many years.

Posted by Shootup > 2023-03-08 17:01 | Report Abuse

small company like netx can easily become pn17 member, u dont know what is the business doing, reports dont articulate well enough for deep insights into its business development, invention, detailed future plan. i hope u calvin and gang are not supporting money laundering while u all group buying into netx 4yrs ago.... 95% loss since then... HOW TO RECOVER? IS THERE STILL PROSPECT?

Posted by Good123 > 2023-03-16 22:31 | Report Abuse

Koyak segalanya :)

Syabas kpd kerajaan perpaduan membanteras jenayah kolar putih

https://thecorporatesecret.com/blog/2023/03/09/selepas-victor-chin-fail-peguam-mafia-korporat-chong-loong-men-pula-terbongkar/

Posted by 1234rich > 2023-03-17 15:25 | Report Abuse

Integrity Pegawai SC menjadi?

Posted by bbc99 > 2023-03-25 09:29 | Report Abuse

CONMAN and Conman, Cal

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-31 06:47 | Report Abuse

1. Great minds talk about ideas
2. Good minds talk about things
3. Weak minds talk about people

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-31 06:49 | Report Abuse

>>>>

bbc99

Imagine *Conman* writes long story to entice people to buy, even up 2 sen, conman can gain huge profit and after that disspear. he appears at another stock to promote again. This tactic he uses for many many years.

3 weeks ago
>>>>

*Weak mind*

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-31 06:54 | Report Abuse

>>>

#whistlebower99#

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

>>>>

This was also pointed out clearly to calvintaneng. Calvintaneng was too proud or blind to contrary comments.

1 month ago

>>>>>


#great mind# talks on ideas

Posted by stockraider > 2023-03-31 10:03 | Report Abuse

Enough lah!
Stop harping on rubbish here loh!
Move on mah!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 hours ago | Report Abuse

1. Great minds talk about ideas
2. Good minds talk about things
3. Weak minds talk about people

Posted by ybss99 > 2023-04-03 17:44 | Report Abuse

Brother of CONMAN, don't show your cannon lei, lah lei mah..........Hahaha

Posted by ybss99 > 2023-04-03 17:47 | Report Abuse

Cloneman of conman

Posted by Tuttobuno > 2023-05-07 16:30 | Report Abuse

Game over.

Calvintan is a conman ….

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-09 13:05 |

Post removed.Why?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-12 17:34 | Report Abuse

Having the right temperament is so important. It is obvious now that NETX at 1 sen per share in 2019 when promoted in this forum was a very expensive stock indeed. Hope you did not find out through directly participating in it, like a Singaporean who sold many of his houses to own this “very cheap stock.”

Summary:

“A 1 sen stock can be the most expensive and a RM 100 stock can be undervalued.”