If you know how to calculate their cost of ICPS of 3 cents and free warrants, and assuming their shares price before move was 5 cents, then u will realise they are already at brekeven now.. even they convert the PA which cost of 3 cents to mother share price, they still cant cover the cost.. that is why it start to drop further...
I assume it will push up for another round to 7-8 cents.
张晋荣, they start to push from 0.06 to 0.115 during ICPS and hope more ppl subscribe on it but they know cannot get attention..so 99% exceed application is subscribe by director and company...
so i tot since they push the mother to 0.12, the PA will cost min 0.06 and they can goreng PA to get their cost at 0.03 to pay the financial loan...but this is not the way how they do it....
They just push the mother all the way to holland and willing to sell PA below their ICPS cost?
Remember before PA...they have PP at 0.12? Objective?
Dear Imsam Mb director pledge MSN to buy pa Margin call..topup. Retailer see support at 3..but Banker keep sell at 2.5 Next week 14 is 1mth PA Hope battle ended..
@Noned You are right! The selling is not triggered bt the company directors, but by the bankers. Company directo will start buy back to cover as its current price below their book.
Is the director loss... because they pledge to purchase the PA. Now they need to push up the mother so that they can sell the PA.... jz keep the mother shares as the company have nett cash position in their balance sheet as FD... it worth nothing less than 5 cents. Cheers!
1) Tun mahathir son mukhriz mahathir any link to Netx? 2) Netx finance report only mention 3 core bussiness..no digital infrar installation segment . 3) GEM app as mentioned download but cannot get register... 4) Vasu time said partner with 2go Trading but google search address location not operating any more...now in june partner with 2go Tech..google search no info on 2go Tech.. 5) seems like all fund raising money is burned or gone to left pocket right pocket.. 6) 2019 revenue rm 10 mil ..loss rm18.3 mil.. Need fund raising again....haha 7) CFO is resigned on 2015..external auditor resigned on aug'19 ..netx changed financial year end fr june2019 to nov2020..just a financial accounting jimmik as Lonbisc.. 8) NETX since 2015 to 2019..total loss rm 50 mil..only 2017 gain rm1.1 mil.. no wander always do fund raising ..right issue ..PP many times..SIS. .. 9) netx 3 core business: 1) electronic payment.2)non electronic payment.3) GEM segment....no digital infrar installation as you said..?? Maybe Metronic which is eased from Netx group on 2015??
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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....
Imsam
799 posts
Posted by Imsam > 2019-10-07 16:12 | Report Abuse
yeap today PANG CHOW SAI PA become TOP 1 counter