FY18, 1stQR ,2ndQR, 3rdQR , the Current Assets keep on increasing ie RM 6.4 M, RM 9.3 M and RM 10.9 M respectively. Inix business is getting better in the FY 18 for the past 9 months !
Free warrant INIX WB , yes that is possible sir. Why ? Simply, revenue gets bigger and bigger, meaning business volume is increasing, then free warrant B is highly likely. Another reason is Warrant is for future funding for Inix supported by good cash flow from operating activities. Also, the cash in bank from RM 324 K as at 31 July 2017 increased 8 fold to RM 2.578 M as at 30 April 2018, will certainly allow BODs to reward loyal shareholders with free Warrant B.
Inix is in good hands, guys. No worries. With the new appointments of Directors , Inix QRs for FY 18 keep on improving. The figures from every corners speaks well of the good works of all the Directors with the CEO , Dr Azman still on board. PMB is still inside Inix as one of the main shareholders providing the necessary support and network to help Inix business to grow tremendously.
PMB hanya melabur dalam syarikat yang mempunyai masa depan yang cerah. Inix merupakan satu syarikat yang sedang pesat membangun bukan hanya dalam bidang IT bahkan juga dalam bidang penambakkan tanah di pantai khasnya di negeri Melaka dan Selangor.
Land reclamation in Malaysia was on way back in 1992. Now this industry is so big and bring in lots of opportunities such as property development. Galactic Maritime can also moved into ship maintainence. Hence, in early Jan 2017, Inix increased its shareholding by another 19% of GM. Now with 49% of GM, Inix further purchased another sand dredging vessel since the business is expanding rapidly.
This new Inix has now diversified his business from IT to land reclamation and probably property development through its wholly owned subsidiary CMSB, Concrete Milestone Sdn Bhd.
CEO Dr Azman is an experienced man in IT industry , En Mohd Anuar Hanadzlah an ED of Inix and Director of GM plus the newly appointed ED Zhang Li and Datok Dr Dominic Lau , both having experienced in the building industry (please refer to NWP stock ) will helped Inix to move into a new horizon
For the last 3 QRs , Inix maintained the administrative expenses about RM 1.1m to RM 1.6M, while the research and development expenses are ZERO in all those three Qtrs. This shows that Inix now is very lean and well manage, cutting down any unneccesary spendings.
R & D costs was at its high due to a project which has yet to be commercialize. This was stated on 28 Dec 2016 by one of Inix's Directors. Now that this project is completed, hence the R&D expenses is ZERO in the last 3 Qtrs. BizApp UiTM is a Mall without a physical Mall. This project was recently launched last September 2017.
like i have mentioned for many times.. just hold it tightly ..since it is now at 0.06 and 0.03 respectively..you should just buy it while it is still not too late.. understood?
I agreed. But if want buy at 0.055 is too difficult. Only small amount had sold yesterday. I suggest better buy 0.06 before too late. The Q4 report will out soon. Have been good result....green colour....0.06 is not expensive...witb par value 0.10 and eps 0.10
Update on Galactic Maritime: It is able to upgrade ports, harbour and navigational waterways especially along the Tebrau Straits, Port Dickson, Klebang in Malacca, Pulau Indah near Klang and Jambatan PIAI in Johor. GMaritime is very successful in completion of projects in Zhejiang, Fujian and Guangdong. Orderbook as at July 2012 is RM 220 M, especially projects around Iskandar Economic Region including Nusajaya waterfront development. To sum up, Galactic Maritime is one of the major player in land reclamation industry ever since 2010 in Malaysia. Now Inix has 49% shares of GMaritime, and at 6s per share it is the CHEAPEST JEWEL in Bursa.
Inix last 2 QR was the best in so many years. This FY18 , Inix will be in the black as stated by CEO Dr Azman who is still on board. This new BODs with the arrivals of Zhang Li and Datok Dr Dominic Lau will combine their experiences to bring Inix to double digit share price very soon. Inix will soon have its own landbank by the coast.
0.055 you need to queue for quite sometime..those impatient one will start to get back to you with the tickets in their hands.. no worries.. when you see big volume appearing.. just take some at 0.06 first or you could just take some at 0.06 when it is still stone cold
6s , not easy to get also. Maybe have to queue for a few weeks to get some. Anyway, good luck. Like I have said earlier, Inix will soon be a shining star . Thanks to Dr Azman and his new team members. The numbers from the last 2 QR will make the minority shareholders happy.
Long term investors look at future value of the company. Inix future growth is excellent with tremendous potential to venture into landbank and property investments.
Galactic Maritime profit guarantee for Inix can be paid by land parcels from land reclamation . Inix soon will have landbank near the coastline where the value of land appreciate over time.
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....
Volume
95 posts
Posted by Volume > 2018-07-15 00:29 | Report Abuse
mjlee what statement? please restate the statement. 4932567