calvintaneng They say luck is preparation meeting opportunity
Netx got almost no debt
With Cash in bank R34 Millions
And hidden away under Netx subsidiaries another Cash hoard of Rm72 Millions
So NETX PURE CASH POSITION ALONE IS A WHOPPING 106 MILLIONS OR ABOUT 3.3 SEN PER SHARE
NFCP main focus (Plan 5 of 2019-2023)
- Development of digital infrastructure and contributing to the country's economic growth.
- The projects under the NFCP plan are expected to be implemented by 2020
- Some of the key projects under the NFCP plan that have been planned and will be implemented are: a) NFCP 1 - Construction of new communications towers at 153 locations around the country for 3G and 4G cellular service coverage.
b) NFCP 2 - New communication tower construction plans in approximately 500 locations around the country for 3G and 4G cellular service coverage.
c) NFCP 3 - Connection of optical fiber network to 100,000 premises to improve the quality and speed of broadband in rural and rural areas.
d) NFCP 4 - Plans for the provision and improvement of cellular and / or broadband coverage are estimated at 151 indigenous settlements throughout the country.
calvintaneng 28975 posts Posted by calvintaneng > Oct 9, 2019 10:47 AM | Report Abuse X
d) NFCP 4 - Plans for the provision and improvement of cellular and / or broadband coverage are estimated at 151 indigenous settlements throughout the country. 09/10/2019 10:46 AM
NUMBER 4 IS FOR
REDTONE & NETX
NETX (0020) - THE MOST MISUNDERSTOOD DIGITAL STOCK OF HIDDEN VALUE, Calvin Tan Research~~NFPC 5G MALAYSIA
Previous day RSI from 72.9 to 79 up 4 cts high 58.5 Yesterday 72+ down 1.5 cts The throw of minus 7 does not have impact on the price. If today an closed around 56.5 to 57,definetly will pas 60 cts and can create positive sentiments next Monday. Bdget 2020 allocations for FCP ia a YES.
Distribution phase meaning after a big shark/ operator collected at low..n now they would like to sell their ticket. Hence they can not sell at one shot coz the price will slump. So they sell but in the same time will buy back some to lmake it ook like still got chance to go up so the retailer will go in. Just like now 0.555 sudden go to 0.565 but in the end back to square. They dun mind to buy some to create a false bull sentiment due their holding at very very cheap price. Is only my view ...perhaps is a just a correction before moving upward.
@alkinlai thanks for sharing. too bad i3 has no PM option if not would love to chat more offline. @calvintaneng Does it matter if all of us hold but the operators have lost their interest? The outcome would be that the stock is going nowhere right?
Stockor...is very difficult to say. OPCOM is boss...it up..then the smaller will follow. By the way...this is BolehLand Bursa. All base on rumous..news..project...
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....
thinkfirst
3,146 posts
Posted by thinkfirst > 2019-10-10 08:59 | Report Abuse
Ha ha this counter not the pokai counter to bring down to 30 cents. Green packet not making money also stay above 70 cents with debt.