TOP 10 REASONS WHY NETX IS NOW THE BEST BUY FOR NFCP JUST AS VELESTO WAS FOR OGSE
Dear Friends, Investors & Traders (pease read to the end while I type)
So far so good
My buy calls on OGSE Stocks were chun chun because of Petronas Rm30 billions Capex for Upstream. One of them was Velesto at 28 sen
See
TOP 10 REASONS WHY VELESTO (5243) OR UMW O&G IS THE BEST BUY NOW (Potential Upside 200%), Calvin Tan Research
Author: calvintaneng | Publish date:
Hi guys
As most O&G stocks like Carimin, Naim, Dayang & Penergy have gone up 100% to 200% from its lows Calvin has unearthed another Great O&G Stock yet to run up
That Stock is VELESTO (5243) Or UMW O&G
At Its early days of IPO (2013 to 2014) UMW O&G Was As High As Rm4.63
But in Year 2014 Due to Brent Crude Oil price crashed to a low of USD27 Petronas cut down from 39 Oil Rigs to only 14 Oil Rigs
As a result UMW 0&G business contracted & its share price collapsed all the way till now (UMW O&G was later sold to Amanah Saham Bumi) & Name changed to VELESTO
AND NOW THESE ARE SOME VERY GOOD TURNING POINTS FOR VELESTO
1) PETRONAS HAS INCREASED UPSTREAM EXPENSE FROM RM11.5 BILLIONS (2018) TO RM15 BILLIONS (2019) THIS YEAR
That means that there will be EXTRA 30% CASH INFUSION INTO UPSTREAM O&G ACTIVITIES
CARIMIN, DAYANG, PENERGY, BINTULU PORT HAVE SEEN INCREASING REVENUES DUE TO O&G ACTIVITIES FOR YEAR 2018. AND GOING INTO YEAR 2019 IT WILL SEE EVEN MORE ACTIVITIES
All Due to these Factors
2)) Brent Crude Price has gone back up above USD65.00 per barrel
SO IT IS VIABLE TO EXTRACT MORE OIL
3) Govt wants more Dividend from Petronas (Currently Petronas gave Rm24 Billions usual dividend PLUS A Special Dividends of RM30 Billions = Total Rm54 BILLIONS)
4) RAPID REFINERY In Completion also require EXTRA 54.7 MILLION BARRELS OF CRUDE YEARLY
So all these Converging Factors Have Fired Up O&G Stocks
5) VELESTO HAS RECEIVED 6 JOB AWARDS SINCE YEAR 2018
Making a Very Good Track Record of securing over Half a Billion Ringgit Revenue for Year 2018 & 2019
And More Jobs going into Year 2019 as PETRONAS IS STEPPING UP OIL EXPLORATION
6) SEEING SUCH GOOD PROSPECTS AMANAH SAHAM BUMI HAS BOUGHT ANOTHER 31 MILLION VELESTO SHARES
See
Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)
| VELESTO ENERGY BERHAD |
Particulars of substantial Securities Holder
| Name | AMANAHRAYA TRUSTEES BERHAD – AMANAH SAHAM BUMIPUTERA |
| Address | Tingkat 4, Balai PNB 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia. |
| Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class) | Ordinary Shares |
Details of changes
| No | Date of change |
No of securities
|
Type of Transaction | Nature of Interest |
| 1 | 04 Mar 2019 |
31,133,742
|
Acquired | Direct Interest |
| Name of registered holder | AMANAHRAYA TRUSTEES BERHAD – AMANAH SAHAM BUMIPUTERA | |||
| Address of registered holder | Tingkat 4, Balai PNB 201-A, Jalan Tun Razak, 50400 Kuala Lumpur | |||
| Description of “Others” Type of Transaction | ||||
| Circumstances by reason of which change has occurred | Acquisition of shares |
| Nature of interest | Direct Interest |
| Direct (units) | 3,201,371,044 |
| Direct (%) | 38.967 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Total no of securities after change | 3,201,371,044 |
| Date of notice | 04 Mar 2019 |
| Date notice received by Listed Issuer | 06 Mar 2019 |
Announcement Info
| Company Name | VELESTO ENERGY BERHAD |
| Stock Name | VELESTO |
| Date Announced | 06 Mar 2019 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-06032019-00005 |
7) ALTHOUGH VELESTO HAS 8 BILLION SHARES ITS TOP 30 HOLDERS ARE AMANAH SAHAM BUMI, PNB & TOP LOCAL & FOREIGN FUNDS
80% ARE OWNED BY THESE STRONG HOLDERS
ONLY 1.6 BILLION SHARES OR REMAINING 20% SHARES ARE IN FREE FLOAT
8) SINCE PENERGY, CARIMIN & DAYANG HAVE ALREADY RUN UP SO MUCH IN PRICE IT IS A WISE STRATEGY TO TAKE SOME PROFITS IN THESE & BUY SOME LAGGARD VELESTO
9) VELESTO COULD BE ANOTHER DAYANG OR A HIDDEN GEM
10) JUST LIKE NAIM WAS SOLD DOWN TO 45 SEN AFTER CAPITAL EXERCISE VELESTO HAS ALSO BEEN SOLD DOWN TO ONLY 28 SEN (DUE TO CAPITAL EXERCISE RECENTLY)
I CALLED FOR A BUY ON NAIM AT 50 SEN. NAIM REACHED RM1.00 FOR 100% UPSIDE RECENTLY
SO VELESTO IS NOW 28 SEN
WHAT IS THE TARGET PRICE FOR VELESTO?
CALVIN HAS A ONE YEAR TARGET PRICE FOR VELESTO AT RM1.00
SO FROM HERE THERE IS A POSSIBLE 200% OVER UPSIDE
BEST REGARDS
Calvin Tan
Singapore
Please buy or sell after doing your own due diligence
Continue on 16th Nov 2019
VELESTO TOUCHED 41 SEN FOR 46% UPSIDE IN JUST 8 MONTHS
Missed buying Velesto at 28 sen? Now don’t Miss NETX NOW
AND THESE ARE THE TOP 10 REASONS FOR BUYING NETX NOW
1) FINANCE MINISTER HAS INCREASED ALLOCATION FOR NFCP FIBERISATION FROM RM21.6 BILLIONS TO A WHOPPING RM50.3 BILLIONS (THIS HAS EVEN EXCEEDED PETRONAS ALLOCATION OF RM30 BILLIONS FOR OGSE)
See
Govt investing RM22b in NFCP over the next 5 years
by NUR HAZIQAH A MALEK/ pic by RAZAK GHAZALI
THE government is investing RM21.6 billion via public-private partnerships in the National Fiberisation and Connectivity Plan (NFCP) for the next five years beginning 2019 until 2023.
Finance Minister Lim Guan Eng (picture) said the NFCP will widen the coverage of high-quality and high-speed broadband Internet nationally, while also ensuring the services are affordable.
“This will lay the groundwork for a comprehensive implementation of 5G in Malaysia, and give Malaysia a first-mover advantage in the era of Industrial Revolution 4.0 (IR4.0),” he said at the 60th Pan-Asian e-commerce Alliance Steering Committee Meeting in Kuala Lumpur recently.
In 2018, the government reformed the broadband market by implementing the mandatory standard on access pricing, which has made the market more competitive and access cost being cut by at least 30%.
Lim also said the government is executing a plan to provide RM20.7 billion worth of cash and non-cash incentives over the next five years to assist companies to transition to IR4.0.
“After all, either you digitalise, or you will not survive. This is the reality that we have to face.
“If we look at the total amount announced in Budget 2020, both fiscal hardware and the software, it amounts to RM50.3 billion over five years,” he said.
With this, the government plans to aid the digitalisation and future-proofing of the nation’s economy by investing in digital infrastructure, reforming broadband market and urging both small and large businesses to accelerate towards IR4.0.
Read again
“If we look at the total amount announced in Budget 2020, both fiscal hardware and the software, it amounts to RM50.3 billion over five years,”
THIS EXCEEDS THE RM30 BILLIONS CAPEX PETRONAS SET FOR OGSE UPSTREAM JOBS
SO DIGITAL INFRAR COMPANIES LIKE NETX, OPCOM & REDTONE WILL DO EXCEPTIONALLY WELL
2) NETX IS THE RIGHT COMPANY FOR NFCP BECAUSE IT IS NETWORK INFRAR SPECIALIST
IT HAS ALREADY DONE JOBS FOR TELEKOM FOR YEAR 2011 & AFTER WHICH IT REGISTERED 5 SEN PROFIT WHICH CAUSED IT TO GO UP FROM 4 SEN TO A HIGH OF 26 SEN IN YEAR 2012
NOW NETX IS ONLY 2 SEN. A FAR CRY FROM ITS HAY DAY OF 2012 BULL RUN WHICH IS NOW RETURNING BACK VERY SOON
3) NETX’S MISSION STATEMENT CONFIRMS IT IS STILL A DIGITAL INFRAR PLAYER
See
NETX MISSION STATEMENT
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Inbox
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Nov 2, 2019, 10:25 AM (7 days ago) |
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Dear Sir/Madam,
+6502-91069127 (S’pore)
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Nov 6, 2019, 2:53 PM (3 days ago) |
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Dear Calvin,
Thank you for your email. In regards to your question(s);
You wrote:-
| Questions | Answer |
| 1) www.netx.com.my website is not contactable. I called Ms. Ho the accountant at your office at +603-78878818
She said that it will be up soon. May I know when NetX Company website will be up again? Or is there another website for Netx?
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Our NetX website is currently undergoing a major makeover and is estimated to be up and live within 2 weeks time from now. The website address still remains as www.netx.com.my, so do stay tune for the new look soon. |
| 2) In the Annual Report of NETX according to Bursa Website at page 5, I noticed these “phrases repeated thrice”
Ø NetX started off dealing primarily in the supply of network equipment and infrastructure (1st line)
Ø digital platforms, e-commerce and IT infrastructure among others.
Ø Ariantec, a network equipment and infrastructure specialist;
Is NetX still supplying network equipment and infrastructure currently?
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Ariantec, the subsidiary of NetX Holdings Bhd, is primarily dealing with supply of network equipment and infrastructure, digital platforms, e-commerce and IT infrastructure among others; and also a network equipment and infrastructure specialist.
Currently, NetX is still supplying network equipment and infrastructure on a project basis. |
| 3) Digital platforms, e-commerce & IT infrastructure still a pillar?
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Yes. |
| 4) According to Bursa filing for year 2011, Ariantec secured a RM19.7 million Job order from Telekom. Are we still in business with Telekom Malaysia Bhd?
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At present as we do not carry trading of network equipment and only supply network equipment and infrastructure on a confirmed project basis. |
Thank you again for your enquiry. We hope that we have answered your questions and should you have any further questions please feel free to contact us at any time.
Thank you.
Kindest Regards,
Penelope Lew
Stock Code : 0150
Lot 13.1, 13th Floor, Menara Lien Hoe,
No.8, Persiaran Tropicana, Tropicana Golf & Country Resort,
47410 Petaling Jaya, Selangor, MALAYSIA
Tel: 03 – 7622 6988 ext 102 | Fax: 03- 7622 6989 | Website: www.fintec.global
The above is the Official email sent from Singapore to Netx email address and the reply
IT IS NOW OFFICIALLY CONFIRMED FOR ALL DEAR NETX SHAREHOLDERS THAT
NETX THROUGH ITS SUBSIDIARY COMPANY = ARIANTEC a network equipment and infrastructure specialist.
This shows that NETX has a very good chance in securing Digital Economy Infrar jobs from the Rm21.6 Billions NFCP Budget for 12 MP (Malaysia Plan)
At present as we do not carry trading of network equipment and only supply network equipment and infrastructure on a confirmed project basis.
VERY GOOD! NETX HAS NO INVENTORY. ITS EXPERTISE IN BIDDING FOR JOBS WILL ONLY COMMENCE ON A CONFIRMED PROJECT BASIS
KINDEST REGARDS
4) NETX IS ALSO CASH RICH WITH CASH RM34 MILLIONS & CASH WITH SUBSIDIARY RM72 MILLIONS
TOTAL CASH OR CASH EQUIVALENT RM106 MILLIONS WHEREAS AT 2 SEN WITH LESS THAN 3.5 BILLION PAID UP CAPITAL TOTAL VALUE OF NETX ONLY LESS THAN RM70 MILLIONS CASH
SO NETX AT TOTAL VALUE OF RM70 MILLIONS IS STILL 30% DISCOUNT TO NET CASH VALUE
5) NETX HAS ONLY RM1.9 MILLIONS LOAN TAKEN FOR A CORNER 3 STOREY SHOP HOUSE WORTH RM5.4 MILLIONS
WITH ALMOST ZERO BORROWINGS NETX IS IN A VERY SOLID POSITION
6) NETX HAS INVESTMENT OF 9.6% IN MLAB. RECENT SPIKE OF MLAB SHARE PRICE HAS GARNERED RM1.6 MILLIONS FOR NETX.
7) ASIABIO/FINTEC HAS INVESTED IN MLAB, FOCUS AND OTHER SHARES WHICH HAVE ALREADY RUN UP IN VALUE
ON AUGUST 2019 FINTEC THRU ITS SUBSIDARY ASIABIO BOUGHT 103 MILLIONS NETX SHARES IN OPEN MARKET AS HIGH AS 2 SEN A PIECE
THAT SHOWS THAT NETX DIRECTORS ARE SANGUINE ABOUT NETX’S FUTURE
THEY ALREADY BOUGHT AT 7 SEN IN YEAR 2015 WHEN THEY TOOK OVER NETX
THEY ALSO TOOK UP NETX RIGHTS ISSUE AT 5 SEN FOR YEAR 2016
WARREN BUFFET LIKES DIRECTOR/INSIDER BUYING UP COMPANY SHARES (IN THIS CASE THEY USE THEIR INVESTED MONIES IN ASIABIO TO TAKE UP HUGE CHUNKS OF NETX
A GOOD SIGN INDEED
8) EMPLOYEES ESOS WAS ALSO AT 4 SEN. PRIVATE PLACEMENT WHICH SHOULD BE POSTPONED TO JAN 2020 ARE NOW FERVENTLY TAKEN UP AT 1.89 SEN & 1.8 SEN (NO MORE BELOW 1.5 SEN AS PP WILL COMMENSURATE WITH CURRENT MARKET TRADED PRICE OF NETX IN OPEN MARKET
9) EVERYDAY THE NEW 4TH INDUSTRIAL REVOLUTION OF E-COMMERCE, DIGITAL BANKING, PAYMENT, EDUCATION, ROBOTICS, AIRTIFICIAL INTEELIGENCE & ALL OTHERS ARE EVER INCREASING IN THE MARCH OF DIGITISATION
THE DIGITAL AGE IS HERE
NETX IS IN THE RIGHT PLACE AT THE RIGHT TIME WITH THE RIGHT SKILL
10) THAT’S IT
WE ARE GETTING NEARER AND NEARER TO JOB AWARD FROM THE RM50.3 BILLIONS BONANZA SPENDING FOR DIGITAL INFRAR EXPANSION LIKE NEVER BEFORE
NOW IS THE TIME TO BUY UP ALL AVAILABLE NETX SHARES AT 2 SEN
BEST REGARDS
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
STOP PRESS
Hi guys
Since I posted this and whataspp my friends I received feed back that more will buy Netx and also buy Velesto as well
I think T7 global or destini will be better options than Velesto
Velesto has become so popular while T7 global and Destini remain as laggards.
Therefore I think T7 would be a much better buy now as it has received new workover project from Petronas For 5 years. It has also secured workover projects from vestigo
T7 global therefore offers great upside from here.