Slowly slowly up not one shot pickup too fast like jftech if not after kena uma lagi susah . I bought this stock 2 days ago and look very impressive . The uptrend would likely attracts more investors to support the price in the coming days as many tech stocks are heating up currently.
Why it is perfectly positive to buy netx at 1 sen leh ??
1. Netx is involve in game changing technology industry. The best growth sector of the stockmarket. 2. Netx assets comprises a big chunk ie is make up of cash & equivalent about rm 46m ,which is a big increase from rm 34m last reported mah..!! 3. Its NTA per share is 2 sen. 4. Its net cash per share is 1 sen 5. Its Gems apps are doing well n kicking in with high big growth plan. 6. Netx just reported a maiden profit when everyone expect a loss due to MCO loh...!! 7. Its NFCP section shows the strongest operating growth this qtr with few million profit just reported by netx mah..!! 8. Beside Gems apps which is similar to GRAB & Food PANDA there are many other promising blockbuster apps still under development that will add big value to future NETX loh..!! 9. The company has a very comprehensive corporate plan to develop & expand the company at the same time strengthen its shareholding & corporate structure thru a consolidation & rights issue exercise buy shifting more monies from the weakholders to the strong holders mah...!! 10. From The latest qtr the management is optimistic & guided future satisfactory performance for netx
In conclusion if u buy netx at 1 sen u buy into a substantial cash rich technology company worth 2 sen with net cash 1 sen mah..!! In addition it have high growth Gems apps which is taking off with high Growth Phase 2 for next few quarters mah...!! For NFCP opportunity netx already reap few million profit for this qtr mah...!! On the overall picture, there are many growth visibilty with many new apps until development and will be churning out soon loh..!!
U should be excited like raider & calvin bcos u are buying into technology netx very cheap with big margin of safety at only 1 sen and has very big growth prospect .
At 1 sen netx is the cheapest technology stock on earth, just jump in & buy loh...!! Everyone should have some exposure on growth technology stock like netx loh....!!
The Co was featured in an article in this week's The Edge Malaysia where the CEO said that the Co's share price of RM2.31 was still trading at an undemanding historical P/E ratio of 12x with group net cash of RM81.1 m as at 31/03/2020. In his concluding remarks he said "Not many new players can come to grab our market share as you need certain scale and efficiency to be profitable in our business".
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....
SuperPanda
11,431 posts
Posted by SuperPanda > 2020-07-09 23:00 | Report Abuse
fund has started to collect since weeks ago, those bought below 1.20 now smile look for profit