Debt is RM500 mil..gearing is 0.62 still healty..OCK 4.5 years.2015 to half 2019..make profit..total RM 112 mil..each year make profit..but Netx 5 year loss RM 50 mil ..4 years loss ..one year only profit rm 1.1 mil...all the fund raising gone to left pocket..right pocket.. Fund raising for partner with 2go trade .change to 2go Tech...loss heavily...GEM app...worst... 11/10/2019 2:32 PM X Johnchew Netx got 3 SEN CASH NTA While OCK got RM0.52 NTA..
i keep thinking mother 0.03 should be low risk and cheap but look at PA price..it stop me ..i believe this stock will sideway min 6 to 1 year from now.
this is a real steep fall but MNC is still fundamentally OK.maybe another operator like another listed company may start buying in now as an investment for capital gains.You never know
MNC will rebound!! Have faith!! I will hold my 1800 lot :) Don't care what other people say cause it's my money. If I win nobody here will enjoy my gain and if I lost nobody here will feel the pain. Plus I can handle if I lost all my shares here. So no point to listen to anyone's opinion. Happy trading all!!
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....
calvintaneng
56,513 posts
Posted by calvintaneng > 2019-10-12 13:19 | Report Abuse
Posted by Johnchew > Oct 12, 2019 1:03 PM | Report Abuse
Calvin use faked acc bargadcapital ke..
I see our friend bargadcapital posted my writeup here and caused some unhappiness?
My apology
Let's not quarrel as all will benefit from NFCP as the Pie is SO HUGE
As for Netx's being Infrar Specialist just go to Bursa website and click on Annual Report
Market has misread Netx actual finacial status by not read Netx ANNUAL REPORT VERY VERY VERY CAREFULLY
I SUGGEST EVERYONE SHOULD GO SEE NETX ANNUAL REPORT AND SPEND ONE DAY READING UP ON NETX ANNUAL REPORT
Under Netx subsidary (Ariantec I think) is HIDDEN AWAY A CASH HOARD OF RM72 MILLIONS
Go and do a thorough study
Regards
Calvin
Note:
For Ock there are Tower installation jobs. Since Ock has more than Rm400 Millions debt it will take some time to clear first.
For NETX there is PURE 3 SEN CASH. Buying Netx at 2 sen gives one 3 Sen Cash Plus all the Assets & investments of Netx are free