NETX HOLDINGS BHD
KLSE (MYR): NETX (0020)
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Last Price
0.085
Today's Change
0.00 (0.00%)
Day's Change
0.08 - 0.09
Trading Volume
32,000
Overview
Market Cap
80 Million
NOSH
938 Million
Avg Volume (4 weeks)
190,105
4 Weeks Range
0.08 - 0.105
4 Weeks Price Volatility (%)
20.00%
52 Weeks Range
0.08 - 0.155
52 Weeks Price Volatility (%)
6.67%
Previous Close
0.085
Open
0.09
Bid
0.085 x 150,000
Ask
0.095 x 174,300
Day's Range
0.08 - 0.09
Trading Volume
32,000
Financial Highlight
Latest Quarter | Ann. Date
31-Aug-2024 [#3] | 30-Oct-2024
Next QR | Est. Ann. Date
30-Nov-2024 | 31-Jan-2025
T4Q P/E | EY
-2.40 | -41.72%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.10 | 0.85
T4Q NP Margin | ROE
-219.76% | -35.46%
Market Buzz
News and Blogs
Company Profile
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: SOFTWARE
Subsector: SOFTWARE
Description:
NetX Holdings Bhd is principally involved in the investment holding, research and development of software, system design, integration and installation and provision of information technology services. The core business segments of the company comprise of the followings: Electronic Payment Services and Payment Services segment. Electronic Payment Services segment is involved in the terminal and other related services. Non-electronic Payment Services segment is involved in the provision of turnkey solutions on the network infrastructure, security management, research and development of software, system design, integration and installation and provision of IT services. The company operates principally in Malaysia.
Discussions
35 people like this. Showing 50 of 66,744 comments
Conman. History repeat itself. Condolences to whose who bought at 21, 20, 19, 18 sen
2023-10-17 16:13
Do not touch this kon co....Netx loh!
Why leh ??
Too much Esos
Too much Placement at cheap price
Most of Netx cash are use to buy useless assets like shoplot in Sg WanG loh
Also Netx core business....todate is dead duck loh!
Most of the longterm investors of netx had been hit by relentless dilution of its share despite holding their share at cheap price............but it has been cheapen by next management action of esos & placement dilution
2024-01-14 20:10
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
>>>
Stock: [NETX]: NETX HOLDINGS BHD
2020-01-19 20:33 | Report Abuse
calvin
you should not promote so aggressively.
many maybe hurt by your excessive promotions (not me, though).
also, you are too greedy.
i am afraid there will be a lot of blood on the street in this forum if prices are pushed up too high not in keeping with its value.
these prices cannot sustain and many lost money when the manipulators leave.
>>>
2024-03-09 13:17
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
>>>>
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2020-01-31-story-h1482989954-A_SUMMARY_OF_CALVIN_S_POSTS_ON_A_SUPER_PENNY_STOCK_THAT_CAN_GO_UP_300_5
calvintaneng SINCE CALVIN & FRIENDS STARTED BUYING MORE AND MORE OF NETX ARE NOW TAKEN OFF FROM TRADING EVERYDAY
YOU WON'T SEE LIKE NETX BEING TRADED IN TOP 10 VOLUMES LIKE BEFORE
BECAUSE THOSE WHO BUY NOW ARE LONG TERM HOLDERS
SO THERE WILL BE LESS AND LESS SHARES
UNLESS YOU GIVE EARS TO NAYSAYERS AND WEAKEN YOUR RESOLVE THEN LET GO?
DON'T
DON'T SELL
CANNOT SELL THIS HIDDEN GEM
THIS IS YOUR PASSPORT TO MAKE 300%, 500% OR EVEN 1,000%
SO HOLD TIGHT
:STRONG MEN/WOMEN RETAIN RICHES:
31/01/2020 10:34 A
>>>>
😊
2024-03-09 15:39
terbukti, hehe
@JJPTR
YNH is in messy situation. Purchase/joint venture by YNH subsidiary Kar Sin property with GWP over a piece of land. Original purchase price, $150millo, than adjusted to $170m than adjusted to $259m. ($170m+$89m). Final figure was $170m and $89m TO BE REFUNDED. ???? Now the said land resold to Sunway @$170m while YNH waiting for maybe long time for refund of $89m. Similar case of waiting for refund cases 1. AT system $4.4m full payment for glove factory purchase while under due diligence(first time lousy director do S&P in 2021.NOw 3 years already, no sight of refund. 2. Cepat Plantation directors suka suka write a cheque of $12m for their personal use. Almost 15 years of case management, still no refund. 3. TSH sale of land in Indonesia for $735m, got half of the payment, the other half still not received , almost 16 months after the sale. When, nobody knows. 4. Ekran boss Ting Pek Kim receive $700m from Ekran via MONEY LENDING arms of Ekran. Sure enuf, the $700m
is gone till today, after 20 years. (be careful if you see a non finance related company obtaining money lending license)
13 minutes ago
2024-03-11 14:29
Penjarakan semua
It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.
PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.
According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.
It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.
A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.
In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.
Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.
According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.
Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.
The exchange issued a consultation paper seeking public feedback on these proposed amendments.
Interested parties were invited to submit their comments and feedback by Jan 26, 2024.
Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.
These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.
2024-03-14 08:32
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
https://theedgemalaysia.com/article/special-report-hidden-hands-behind-penny-stock-surge?type=malaysia
Home
Special Report: Hidden hands behind penny stock surge
Edge Weekly
Special Report: Hidden hands behind penny stock surge
By The Edge Malaysia / The Edge Malaysia
30 Sep 2020, 06:00 pm
Updated - 08:45 pm
main news image
This article first appeared in The Edge Malaysia Weekly on September 21, 2020 - September 27, 2020
ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.
“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.
2024-04-10 23:12
Netx 14.5 cents
Risky investment(for those who have rm 5k above winning money).
Go buy 50k shares 14.5 cents.
May retry 20 cents range.
18/6/24 10.11pm
2024-06-18 22:11
China stocks sinking. Index today break below 3000, psycological support and 120days mov avgi signalling more pain to come.
Regulators going after fraud infested stocks. Those delisted already or planning to delist will face probe and persecution. Minority shareholders who lost their pants due to the fraud can claim for loses
2024-06-21 10:44
FOR NEWBIES
Announced EX Date Subject Ratio Offer
18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300 View
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000 View
04 May 2016 16 May 2016 Rights Issue (warrant) 1 : 1 0.0500 View
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad
Check P/L, Capital Changes in above link
=====================
After share consolidation in 2020,
NOSH = 937,952,641 approaching BILLION shares again
Directors will continue fund raising via massive shares issuance to PP, ESOS, RI, etc to dilute shareholder equity % and EPS
8 Multi year loss making company
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
2024-06-26 09:09
FOR NEWBIES
BONUS ISSUE OF UP TO 468,976,320 WARRANTS IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("WARRANTS D") ON THE BASIS OF 1 WARRANT D FOR EVERY 2 EXISTING ORDINARY SHARES IN NETX HELD AT 5.00PM ON 15 JULY 2024 ("BONUS ISSUE OF WARRANTS")
Shareholder's Approval No
Ex-Date 12 Jul 2024
=========
Take note of ex date if you are holding shares.
Loss making company giving bonus warrant!!!
Massive quantity of shares will be issued on warrant conversion, causing dilution to shareholding equity % and EPS.
NOSH certainly will surpass 1 Billion shares in near future with directors raising more fund via shares issuance to PP ESOS RI, warrant conversion
2024-06-27 18:45
FOR NEWBIES
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad
Multi year loss making company from 2018 - present
Loss making company giving bonus warrants to reward cronies, major shareholders, retail shareholders, .... ???
Don't be caught with warrants at high prices
Warrant D like previous ones will likely end up valueless on expiry date when share price drop to below exercise price of 0.10
=================
On behalf of the Board, TA Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants D at RM0.10 per Warrant D.
The exercise price of the Warrants D represents a discount of approximately 18.96% to the TEAP of NetX Shares of RM0.1234, calculated based on the 5-day VWAP of NetX Shares up to and including 26 June 2024 (being the last trading day before the date of this announcement) of RM0.1351.
This announcement is dated 27 June 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459826
===================
2024-06-28 09:44
“whistlebower99 > FOR NEWBIES
BONUS ISSUE OF UP TO 468,976,320 WARRANTS IN NETX HOLDINGS BERHAD…Massive quantity of shares will be issued on warrant conversion, causing dilution to shareholding equity % and EPS…Don't be caught with warrants at high prices
Warrant D like previous ones will likely end up valueless on expiry date when share price drop to below exercise price of 0.10..”
Many Thanks for the FREE service for highlighting the Bonus Issue of FREE Warrant.
Since it is for Newbies, they might not understand all this complicated jargon of BI, EPS, Dilution, Free this Free that, etc..
I am a Newbies many moon back, maybe I can give some FREE info.
NetX Brief Business Details:
“NetX Holdings Bhd is principally involved in the investment holding, research and development of software, system design, integration and installation and provision of information technology services. The core business segments of the company comprise of the followings: Electronic Payment Services and Payment Services segment…”
How is Electronic Payment Services (EPS) and Data Center (DC) related?
In order to store Billions of Transaction and analysis of consumers spending, the perfect place is in DC..building DC is one off investment, users paying for the services is for the long term.
Now is the trend for DC and Software Solution, what are the chances for NetX to visit prices before consolidation??
Is it contradictory for ‘end up valueless’ and ‘warrant conversion, causing dilution to shareholding equity % and EPS’? Which is better?
If it ‘end up valueless’, at least get a chance to trade for something which is FREE. If ‘warrant conversion’, does it really ‘causing dilution to shareholding equity % and EPS’?
Bear in mind at the time of FREE Warrant, NetX EPS is Negative; therefore sharing rather than dilution. If ‘below exercise price of 0.10’; is it possible for any conversion or dilution?
Note: I don't hold any NetX share, only holding millions of Fintec-PA before consolidation in which mother Fintec is a majority Shareholder of NetX. My FREE info is to highlight the possible Fintec gaining financially from this FREE issuance. As there is a lot of ‘if’, @whistlebower99 could also be correct in his/her FREE sharing. As always Happy Trading and TradeAtYourOwnRisk.
2024-07-05 12:09
"Bear in mind at the time of FREE Warrant, NetX EPS is Negative;"
And directors are happily & generously issuing free warrants to shareholders instead of focusing on making the EPS turn positive.
Company keep losing money and yet giving out free gifts coz the free gift appear out of thin air ???
Judge for yourself to see who will benefit the most, from the free warrants.
2024-07-09 15:13
“whistlebower99 > "Bear in mind at the time of FREE Warrant, NetX EPS is Negative..focusing on making the EPS turn positive…free gift appear out of thin air ???..Judge for yourself to see who will benefit the most, from the free warrants.”
For EPS to turn Negative to Positive in a Financial Year (FY) is very easy; Insas is doing it yearly by selling the Golden Goose Inari…all calculated by selling how much to make how much profit. For all these so-called ‘con’ counters, it is not so lucky as Insas, no Golden Goose to sell. Some counters sell land in a foreign land and some sell priced properties just to make EPS turn positive..
For BI of FREE warrants, please read my example in Gocean post, JAG BI of FREE warrants if bought at highest just to get the FREE gift paying a hefty price..
For the answer on who benefits most, your guess is as good as mine? Example in JAG; the one sold at MYR0.4 and bought back at MYR0.25? Not me, I don't have any to sell at MYR0.4, bought at MYR0.25 and hopefully can get some good return in less than a year. The morale is to buy Low (bought majority of my ICPS at almost FREE of lowest MYR0.005 price, and wait for auto-convert if not able to make any gain) and sell High; not buy High just to get the BI of FREE warrants..as always Happy Trading and TradeAtYourOwnRisk
2024-07-10 08:43
FOR NEWBIES
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.
================
List of high NOSH penny stocks with shares consolidation :-
2024 in progress - HM, MQTECH, XOX, VIZIONE, KGROUP
2024 completed - DESTINI, AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........
Retail investors trapped at high price incurred huge losses caused by share consolidation
2024-07-16 10:59
FOR NEWBIES
Announced EX Date Subject Ratio Offer
27 Jun 2024 12 Jul 2024 Bonus Issue (warrant) 1.0000 : 2.0000
18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000
04 May 2016 16 May 2016 Rights Issue (warrant) 1 : 1 0.0500 View
Multi year losses
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad
Check P/L and Capital Changes
=====================
NOSH = 937,952,641 approaching BILLION shares again after share consolidation in Sep 2020
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
2024-07-17 08:33
FOR NEWBIES
Financial Year Revenue ('000) Net ('000) EPS DP% Net % Report
30 Nov, 2024 3,409 -2,956 -0.3200 -
30 Nov, 2023 16,832 -13,514 -1.5800 - 16.1%
30 Nov, 2022 21,707 -16,102 -1.9200 - 23.1%
30 Nov, 2021 81,099 -20,932 -2.5000 - 32.8%
30 Nov, 2020 14,897 -15,760 -0.3500 - 60.3%
30 Nov, 2019 291 -9,834 -0.2900 - 46.3% View
30 Jun, 2019 9,702 -18,318 -0.6600 - 78.5% View
30 Jun, 2018 17,567 -10,261 -0.4700 - 1,021.9% View
8 years of annual losses in a row !!!!
Directors still enjoying high salaries ???
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad
2024-07-18 09:02
Netx will buy high sell low to support cronies penny stocks
Lost heavily in K-Star Sport (now known as Sinaran) between 2020 - 2021
Losing shareholders money into cronies pockets ?
2024-07-18 10:13
FOR NEWBIES
Kindly be advised that NETX’s 468,976,292 Warrants D issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants D on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 25 July 2024.
=======
Take note of new warrants given as free to shareholders
Trade cautiously and don't be caught at high price as the warrant would likely be worthless when approaching the expiry date.
2024-07-24 21:35
FOR NEWBIES
NOSH = 937,952,641
WD = 468,976,292
Maturity 2027-07-21
Strike value 0.1000
Most likely operators will play WD price for cronies to release them to market retailers for free money
Be reminded of 8 years of annual losses in a row !!!!
https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
2024-07-25 08:54
“whistlebower99 > FOR NEWBIES
NOSH = 937,952,641
WD = 468,976,292
Maturity 2027-07-21
Strike value 0.1000
Most likely operators will play WD price for cronies to release them to market retailers for free money…”
Hi Newbies, good sharing by @whistlebower99. Who are these ‘likely operators’?
IMHO, All shareholders, minor or major shareholders, including Fintec benefited from this ‘free money’. How much does Fintec gain from this ‘free money’??
Calc:
Fintec holding 23.21% of Netx shares x 0.5 as 1 warrant for every 2 held x 0.035 as today opening price x 468,976,292 of total WD warrant equal RM1.905mil.
Link:
https://www.klsescreener.com/v2/announcements/view/3471997
Bonus Issue Link:
https://www.klsescreener.com/v2/announcements/view/7212211
“NEW WARRANTS IN NETX (WARRANTS D) ON THE BASIS OF 1 WARRANT D FOR EVERY 2 EXISTING ORDINARY SHARES”
Happy Trading and TradeAtYourOwnRisk
2024-07-25 11:59
“Musang King > Should be RM3.809 Million worth of Warrants D.”
@Musang King, you are right, no need 0.5 again as total warrants already cater for the Entitlement…silly me to give ‘double discount’; will cause to win any bid in a project, but lost $ in the trades..’kena sack’!! Haha
2024-07-25 16:57
FOR NEWBIES
Notice of Person Ceasing (Section 139 of CA 2016)
MLABS SYSTEMS BERHAD
Particulars of Substantial Securities Holder
Name NETX HOLDINGS BERHAD
Ceased to be substantial shareholders due to the increased in issued share capital of the Company to 289,069,106 ordinary shares arising from the Company's Rights Issue exercise.
https://www.klsescreener.com/v2/announcements/view/7468831
=========
Crony penny stock suffer huge losses investing in MLAB which has recently undergone share consolidation of 1:20
No more fund to subscribe for MLAB rights shares?
Directors can raise more fund via shares issuance to PP, ESOS, etc
2024-08-02 09:55
Posted by calvintaneng > 2020-01-22 14:02
168?
Hmmm
Sounds like
1 6 - "yat lo" in cantonese meaning. Daily got one road
So for Netx got only "one road" or "one way"
Can only go in one direction which is keep in that correction direction
The correct direction is to keep buying and buying and no turning back or change of mind
The mind is fixed on the goal - Rm50.3 billions fiberisation thrust
Then
8 - means "fatt" in cantonese or "prosper " or "Kaya"
So message could mean
Keep buying Netx everyday and with fixed purpose to prosperity
Kong Hei Fatt Choy
😆 Sinkie SPAM king now promoting elsewhere: Notion, JCY, TSH & TalamTenggelam...
2024-08-12 18:34
NETX and SAUDEE joint venture MOU?
if you CHECK MOU of these "print and print and print billion of shares type of companies", last 5 years,so many MOU,but none was executed.Keepannouncing every 3 months,"NO MATERIALDEVELOPMENT"
The only development is "PRINTING OF toilet papers" after each MOU announced
BURGERS? there are thousand of burgers operators ,big and small.
you decide.
2024-08-20 21:28
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
What a terrible promotion by our Singaporean friend of this counter. He spoke to Penelope and that was enough for him. Till today, this company continues to lose money.
1 month ago
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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....
Good123
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