It is collection time. Accumulate and keep long term since it is good stock. No worry about this company , Inix , being prudent with zero borrowings and new business in Galactic Maritime doing land reclaimation and dredging and environmental care too.
Buy long term in Inix stock. Good stock with excellent growth potential especially in dredging land reclaimation with secured contracts off the coast in Melaka and Penang
Inix just awarded a RM 11.8 m contract for Information Management Systems in the Jabatan Peguam Negara on 21 Aug 2017. A good start for Inix. An excellent stock, debt-free, well diversified business ie doing land reclamation by Galactica Marimtime company.
Galatica Maritime AR 2016 : Revenue = RM 10.5 m , Net profit = RM 3.2 m , Inix at that time has 30% shares in this company. Now 49% of Galatica is bought over by Inix. Source from INIX AR Errata 2016
Profit from Galactic Maritime of 3m each for 2017 and 2018, plus the recent award of about 12m from the AG Department, it is time to buy and keep. Do not wait. This stock could be the next Huaan
Inix, very silent counter, practically unknown. I have studied the business model for so long. Finally, decided to invest. Two excellent segments of business. 1. Dredging by Galactica Maritime and 2. IT software where this sector just awarded project worth 11.8m from AG Chambers. Furthermore, Inix has two very good factors ie zero borrowings and good cash flow.
Galactic Maritime will be an important source of constant cash cow for Inix. Besides the IT Software business, the growth for Galactic Maritime will be good.
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....
fl888
7,747 posts
Posted by fl888 > 2017-04-26 08:48 | Report Abuse
T4 force selling if can absorbed at 8-9, will break 10 cents today,,,????