5 G services is imminent, the obstacle are corvid 19 and oversea travelling restriction and certainly most prominent telco doesn't do well. Vaccine inoculation is on going in most country, once the pendemic issues are being resolved, company like XOX shall recover and certainly RM 0.07 is like a very low price
.. only spend 5% max for this penny counter. more than harder to control yr emotion & capital might stuck for few months/years but profits likely will hit by few hundred % within months/years.
4G service is 8 years old hence roll-out of 5G is imminent. Doesn't matter XoX is doing well or not certainly sentiment shall push up this penny stock when 5G roll-out. Tomorrow price may not be encouraging and probably low, it's time to buy low and sell high when 5G services commence. XoX is not doing well but certainly they're not closing down. When 5G service roll-out it's too late to buy at low price.
The government, via a wholly-owned special-purpose vehicle (SPV), will build, own and implement the 5G infrastructure and spectrum.
Telcos, on the other hand, would have access to the infrastructure and spectrum through a wholesale pricing mechanism. This would essentially make the 5G spectrum a “shared commodity”, instead of individually owned as in the previous generations of mobile networks.
Which mean every Telcos company including XoX will have a share of the cake.
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....
Simon_khoo
705 posts
Posted by Simon_khoo > 2021-03-05 20:12 | Report Abuse
210m shares allotted to employees @ 0.07, what to worry buy @ 7c?
If go Holland, employees and shareholders go Holland together....