Posted by dlau8899 > 2020-04-07 13:50 | Report Abuse

Price from 1.36 to 0.52 , still got rm20 dividend. Buy and keep. This stock main business to provide securities system with commission. Business not much effected by covid 19

Posted by wakarimas > 2020-04-09 00:11 | Report Abuse

great to buy at low price now. next week 2cent divident .ahahha

Posted by dlau8899 > 2020-04-09 13:59 | Report Abuse

Continue going up to 0.70 as soon

Posted by malva > 2020-04-16 18:29 | Report Abuse

slowly up

Posted by Lim288 > 2020-04-27 15:55 | Report Abuse

now should go up

Posted by Lim288 > 2020-04-27 15:55 | Report Abuse

bursa also go up

Posted by Booyeah > 2020-04-30 22:29 | Report Abuse

N2n connect
Simple explanation
1. Business - recession proof and during good times they make money too.
How their business works.
a) they are an online trading platform for capital markets. hongkong and Malaysia is the largest markets for n2n (70% and 40% respectively). The company make money when volume of trading increases. They earn a cut from the volume itself. In short, nowadays, regardless of placing an order through online or a broker, it will go through this platform. There are only two trading platform in Malaysia. One is eforce and another is n2n.

Business prospect. (I guess this is always a why should I buy)
- expansion in 2018. They acquire AFE solutions from Thomson Reuters. The strategy if acquiring this business is to expand their trading online platform in hongkong. Which they see it has successfully achieved 300% improvement in it's core profits.
- secondly, new investors invested in n2n. Which includes one of the most reputable and largest platform in Japan (sbi holdings). It bought n2n at 1.40 per share from the Andrew tiang (managing director).

Next question. (What's next)
- the company is stepping effort to complete it's Asia Trading Hub (ATB) to promote and enhance seamless cross border trading.
- in addition they want to tap on sbi ( new investors ) capability to venture in Blockchain technology. Take note they are not investing but more towards providing a platform and earning base on the transactions volume.

Now.. at minimum I guess we need to look at some simple financial instead of focusing on dcf, etc. Which honestly, it's not really important.

1) revenue - 2014 (34mil) and 2019 (105mil). There is not a single drop in revenue from 2014 to 2019. Tbh. I personally like revenue instead of looking at profit.
2) profit margin - approximately 10% average. Well maybe consider average.
3) cash - Net cash position. Alot of investors use cash - borrowings to consider net cash. To me, I am Abit more conservative. I take cash minus all liabilities (I mean in the end liabilities are liabilities. You will still need to pay them of regardless of accounts payable,etc.) They have around 120 million cash (including liquid securities) and total liability of 47 million. Which give them 73 million net cash.
4) pe ratio - not that convincing for many investors. Even to me. But ultimately, peg is more important.. what's their forward pe. Giving most conservative of earning 50 earning per share for one year and a forward pe of 15 would give us 75 cents ( 36% margin of safety). But when economy recovers again, their earning and pe should be given a higher valuation. Look at Penta, eforce, even at this unprecedented scenario, they are trading at 20/30 times.
5) % of cash and securities over asset is around 40%. Believe it or not, it's the largest asset component by proportion. In bursa, it would be hard or even tough to find such company. They are basically asset light and cash rich asset model. Basically one of my main criteria in investing.

The downside of course will be sbi investors pulling out their initial investment, and lower trading volumes due to uncertainties. And when consumer spending drop.

Posted by Talib > 2020-05-02 18:59 | Report Abuse

This junk suppose to go 2.0 2 years ago. But a stupid tax start the plunge from 1.5

Posted by Booyeah > 2020-05-04 09:47 | Report Abuse

N2n connect
Simple explanation
1. Business - recession proof and during good times they make money too.
How their business works.
a) they are an online trading platform for capital markets. hongkong and Malaysia is the largest markets for n2n (70% and 40% respectively). The company make money when volume of trading increases. They earn a cut from the volume itself. In short, nowadays, regardless of placing an order through online or a broker, it will go through this platform. There are only two trading platform in Malaysia. One is eforce and another is n2n.

Business prospect. (I guess this is always a why should I buy)
- expansion in 2018. They acquire AFE solutions from Thomson Reuters. The strategy if acquiring this business is to expand their trading online platform in hongkong. Which they see it has successfully achieved 300% improvement in it's core profits.
- secondly, new investors invested in n2n. Which includes one of the most reputable and largest platform in Japan (sbi holdings). It bought n2n at 1.40 per share from the Andrew tiang (managing director).

Next question. (What's next)
- the company is stepping effort to complete it's Asia Trading Hub (ATB) to promote and enhance seamless cross border trading.
- in addition they want to tap on sbi ( new investors ) capability to venture in Blockchain technology. Take note they are not investing but more towards providing a platform and earning base on the transactions volume.

Now.. at minimum I guess we need to look at some simple financial instead of focusing on dcf, etc. Which honestly, it's not really important.

1) revenue - 2014 (34mil) and 2019 (105mil). There is not a single drop in revenue from 2014 to 2019. Tbh. I personally like revenue instead of looking at profit.
2) profit margin - approximately 10% average. Well maybe consider average.
3) cash - Net cash position. Alot of investors use cash - borrowings to consider net cash. To me, I am Abit more conservative. I take cash minus all liabilities (I mean in the end liabilities are liabilities. You will still need to pay them of regardless of accounts payable,etc.) They have around 120 million cash (including liquid securities) and total liability of 47 million. Which give them 73 million net cash.
4) pe ratio - not that convincing for many investors. Even to me. But ultimately, peg is more important.. what's their forward pe. Giving most conservative of earning 50 earning per share for one year and a forward pe of 15 would give us 75 cents ( 36% margin of safety). But when economy recovers again, their earning and pe should be given a higher valuation. Look at Penta, eforce, even at this unprecedented scenario, they are trading at 20/30 times.
5) % of cash and securities over asset is around 40%. Believe it or not, it's the largest asset component by proportion. In bursa, it would be hard or even tough to find such company. They are basically asset light and cash rich asset model. Basically one of my main criteria in investing.

The downside of course will be sbi investors pulling out their initial investment, and lower trading volumes due to uncertainties. And when consumer spending drop.

Posted by Lim288 > 2020-05-04 16:34 | Report Abuse

if bursa up.n2n should also go up

Posted by wakarimas > 2020-05-05 00:40 | Report Abuse

buy before market crazy push

Posted by 陈田丰 > 2020-05-11 12:30 | Report Abuse

Will n2n up crazy like uwc? Hahahaha

Posted by Booyeah > 2020-05-11 12:39 | Report Abuse

scare what.. n2n profit wi be good thanks to u guys. retailer buy more, they earn more

Posted by Booyeah > 2020-05-11 12:39 | Report Abuse

they make profit base on transaction like burda

Posted by Booyeah > 2020-05-11 12:39 | Report Abuse

bursa

Posted by 陈田丰 > 2020-05-12 13:05 | Report Abuse

My hand alot since last year.. 0.88 0.85 0.83 0.78 0.75 0.72

Posted by Fear Trend > 2020-05-12 18:29 | Report Abuse

N2N next undervalue counter. people yet to realise it yet.

Posted by 陈田丰 > 2020-05-12 19:40 | Report Abuse

Ya.. Agree

Posted by Booyeah > 2020-05-13 11:36 | Report Abuse

70 cents soon.

Posted by sharkdododo > 2020-05-13 11:50 | Report Abuse

woooo NEXT STOP N2N. GOGOGOGOGO. THE MORE YOU TRADE THEY MAKE MORE. SUPPORT THEM ALSO SINCE YOU ALL TRADING.

Posted by 陈田丰 > 2020-05-13 12:00 | Report Abuse

Slow2 mri liao

Posted by sharkdododo > 2020-05-13 12:11 | Report Abuse

N2N coming. warrant also coming.

Posted by Fear Trend > 2020-05-13 12:15 | Report Abuse

n2n. simple calculation. their previous quarter 2 to 3 million drop due to taxes and one time off implementation. hence, around earning per share 1 earning per share. given 20% increase in revenue, eps of 1 + 1.20 + 1.20 + 1.20 = 4.6 cents eps. PE of 20 is 92 cents. at minimum this market technology pe of 20 is conservative. margin of safety of 30%. this is undervalue.

Posted by Fear Trend > 2020-05-13 12:23 | Report Abuse

Besides n2N is net cash nothing to worry

Posted by Speed123 > 2020-05-13 12:25 | Report Abuse

bla bla bla . bla bla bla

Posted by MohdHafiz > 2020-05-13 12:27 | Report Abuse

holding this stock for abit. great to see someone recommending. mari mari. duit raya! !

Posted by MohdHafiz > 2020-05-13 14:00 | Report Abuse

Second round. gogo go.

Posted by sharkdododo > 2020-05-13 14:01 | Report Abuse

Hope everyone here trade more give N2N more profit. Huat !

Posted by Yusofff > 2020-05-13 14:18 | Report Abuse

N2n blh pegi lg?

Posted by Booyeah > 2020-05-13 14:24 | Report Abuse

boleh. depending. this share net cash.. the more u trade, u giving them service money. lol. isn't it obvious they are making money.

Posted by Yusofff > 2020-05-13 15:33 | Report Abuse

cun. msk 0.695 dh

Posted by wakarimas > 2020-05-13 21:58 | Report Abuse

How come the share price drop so much from 1.5 last few years?

Posted by dlau8899 > 2020-05-14 08:20 | Report Abuse

Going up above 0.80 as soon

Posted by Booyeah > 2020-05-14 09:16 | Report Abuse

don't say bo jio.. break strong resistance at 71/72 d

Posted by 陈田丰 > 2020-05-14 09:34 | Report Abuse

2day 0.78

Posted by Talib > 2020-05-14 17:08 | Report Abuse

got 0.78?

Posted by duitKWSPkita > 2020-05-14 17:08 | Report Abuse

THis is absolutely my long term counter..........

Posted by GooShem > 2020-05-14 19:52 | Report Abuse

no such thing as long term in stock market. just like gloves now. once the covid reduce, u think supermx can stay above 3.5?

Posted by DragonPhoenix > 2020-05-15 11:03 | Report Abuse

let's hit previous high .835!

Posted by Bullbursa > 2020-05-15 11:43 | Report Abuse

Missed n2n this morning, useless rakuten system, my order all rejected and system down again and again every morning...whole week, morning afternoon down almost one hour!!!

Posted by Talib > 2020-05-15 13:07 | Report Abuse

lol, price is what you pay, value is what you get. I use cimb and hlb, no issue at all. the last time for me system hang is first day after 509

Posted by Talib > 2020-05-15 13:07 | Report Abuse

btw, if you check the chart. this wave peak is 0.81

Posted by suraya > 2020-05-15 15:14 | Report Abuse

Trading platform stock up Eforce N2N Netx

Posted by DragonPhoenix > 2020-05-15 16:15 | Report Abuse

haha...skidded! bye bye

Posted by Booyeah > 2020-05-18 12:33 | Report Abuse

n2n looking for m

Posted by Booyeah > 2020-05-18 12:34 | Report Abuse

m

Posted by CT > 2020-05-18 12:57 | Report Abuse

Not bad..

Posted by 陈田丰 > 2020-05-18 15:02 | Report Abuse

Go go go....... Go m...

Posted by Booyeah > 2020-05-19 01:26 | Report Abuse

tomorrow to continue.. monitor if break 90 cents.. 1 ringgit tp

Posted by boostmy > 2020-05-19 08:10 | Report Abuse

https://klse.i3investor.com/blogs/boostmy/2020-05-18-story-h1507090037-EFORCE_200_to_5_year_high_N2N_58_to_5_year_high.jsp