Hope boys...hope is important. Already 2.5 sen...anymore chance to run? Bets all win or lose. Heads or tails. Casino style. Salted fish can come alive????
tadi malam.. paktua alaa dream wooo.. alaa dream share crash to 0.005 back.. later all q sell around 2.750 billion share q sell.. then.. paktua use bank fisilty buy all share their q sell.. suddenly.. aktow announce the good news.. their oil field for success produced oil.. and saudi kina attack back.. all lia burn kaw kaw.. amalika shale oil talak lapat produced due the comic hantam Texas..lia pinya minyak jiadi batu telus... oil alaa mianyiak kulang.. halega oil up us115 sumatec bijaya kuar minyak 1,750 juta tong on one day..
majiam ada win win situation, positive for both sides..meaning of stay is to stop all legal proceedings if they agree on the conditions.if i get it right , haha
2. As such company is still in teething phase of finding its niche in THE DIGITAL ECONOMY
3. To survive management has done its utmost to raise capital. Looks like few banks are willing to finance this start up. So Netx raise its capital by
1. Issuing Esos to Netx employees as high as 4 sen. They raised rm6. 5 millions
2. Then by private placements as high as 5 sen
3. Finally mcquarie Bank invested rm20 millions in Netx shares at 4 sen a piece
All of them are holding Netx shares as high as 4 sen to 5 sen
Now Netx has very little borrowings and still got Rm37 millions in Cash
Rm37 millions is about 1.2 sen per share BUT netx is so bombed out that is share price has even fallen below cash value
4. As value investor Calvin sees Netx as a potential buy for these reasons:
A. At 1 sen with Nta of 3 sen Netx is selling at a whopping 66% discount which is more than Ben Graham requirement of 33%
B. Of the 3 sen nta 1.2 sen is pure cash
C. Netx could be like hibiscus stilling looking its port of gold here and there till hibiscus struck oil
D. So netx has a very very good survival and prosperity chance going into THE DIGITAL ECONOMY FAT YEARS OF THE NEW IT AGE FOR MALAYSIA
E. TODAY EPF IS GOING ONLINE. THE FIRST IN THE WORLD TO GO INTO THE CLOUD OF CYBERSPACE
F. NETX OFFICIAL WEBSITE STATED THAT IT HELPED TO BUILD TELEKOM INFRASTRUCTURE IF TELEKOM GETS RM11 BILLIONS OF THE 12MP JOB FOR FIBERISATION THEN NETX WILL GET SOME VERY SUBSTANTIAL JOBS
5. ALL THE EXPENSES OF DIRECTORS (NO CE0 WILL SAVE ON HIGH SALARY) ARE LISTED IN TRANSPARENT MANNER
6. MY RESERVATION WAS NONE OF THE NETX DIRECTORS OWNED NETX SHARES. BUT THEN I DISCOVERED SOMETHING
7. DIRECTORS OF NETX ALSO OWN SHARES IN ASIABIO. AND ASOABIO HAS BOUGHT TENS OF MILLIONS OF NETX SHARES FROM THE OPEN MARKET IN AUGUST 2019
8. WHY INVEST SO MUCH IN NETX BY USING ASIABIO UNLESS THEY ARE SANGUINE ABOUT NETX PROSPECTS IN COMING BUDGET
9. BECAUSE OF THE ABOVE FACTORS CALVIN THINK THERE IS A 70/30 CHANCE NETX WILL BOTH SURVIVE AND PROSPER GOING INTO YEAR 2020
10. WHY YEAR 2020?
BECAUSE YEAR 2020 IS THE YEAR OF THE DIGITAL ECONOMY
YEAR 2019 HAS BEEN A VERY VERY POWERFUL BULL RUN TIME FOR OGSE STOCKS DUE TO PETRONAS RM30 BILLIONS CAPEX
SO WITH RM21. 6 BILLIONS CAPEX FOR THE NATIONAL FIBERISATION THE BULL RUN BATON WILL PASS ON TO INTERNET RELATED STOCKS FOR THE NATION OF MALAYSIA
morning too all red stock troopers.. today paktua deployed back.. all our red stock legions to new battle zone to entire klse kingdoms like as:
1-1st platoons now at news battlefield their fight at Vsolar district.. 2-2nd platoons was deploy to airasia district.. and they done their duty there.. 3-3rd platoons maintained at drb district.. and they done their duty there.. 4- 4th platoons was divide to couple battle zone.. 4a-1st and 2nd squad at airasia district.. 4b- 3rd and 4th squad was been mobilise their position to ARMADA district.. 5-5th platoons fight at hibiscus district.. 6-6th platoons also maintained they battle zone 6a-1st squad at ekovest district 6b-2nd squad at TM district 6c- meanwhile 3rd and 4th squad at Gkent district.. 7- 7th platoons at serbadk district.. 8- 8th platoons at dialog district..
for 1st infantry platoons.. they was split on couple district.. for swing fight..
1- 1st squad manage sold almost share at reach district and now will swing at airasia..
2-2nd squad was divide for two split team a-sup 1st from 2nd squad still maintained at krono district. b-sup 2nd from 2nd squad also still at huaan district. 3-3rd squad will swing at armada..
tut tut red stock troopers.. let we fight with our own Style.. fear is not our option dare to to buy or die try is our mission..
ah leo sini paktua sendili play maa pakai sendiri hand laa alaa sapu at 0.025 juai back 57% also at 0.025 then sapu back at 0.02 so play sabun laa lalam bilik air laa.. in out in out thee theee..
tut tut sabunnn di bilik mandi..sabunnnn diii bilik mandiii
Well does not matter my investment in Suma not much will wait till 29th Oct for announcement if suspended its ok if not suspended better. Will wait and see...
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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....
Westeros
834 posts
Posted by Westeros > 2019-09-20 16:52 | Report Abuse
Sumatech needs to provide the reform plan before or by 29th Oct hope they do it.