Hi guys,
For 3 months now The Employees of NETX have collectively purchased a total of 150 million NETX shares thru Company ESOS/OPTION granted at 2 sen
That is a whopping Rm3 millions
One fellow commentor in i3 investor forum said that the total number of Netx staff to be only 17
See
Philip (Can I advise you?) NETX = STAFF STRENGTH ABOUT 80 WORKER
BULLSHIT. THERE ARE ONLY 17 FULL TIME WORKERS, YOU AND I KNOW IT.
14/02/2020 1:50 pm
NOW IF WHAT PHILIP INSINUATE IS TRUE THEN LET’S CALCULATE HOW MUCH EACH NETX STAFF TOOK UP AND PAID FOR THEIR SHARES
RM3,000,000 divides by 17 = Rm176,470 Per staff
How many shares acquired per staff
Rm176,470 divided by Rm20 a share = 8,823 lots or
8,823 Million shares per staff
WOW!
In Year 2018 Annual Report we see the Top 30 Holders of NETX
1 MAYBANK SECURITIES NOMINEES (ASING) SDN BHD 160,454,400…………… 5.730
2 LAU KOK SENG…………………………………………………………. 51,560,000…………… 1.841
3 THEAW POH CHOO…………………………………………………… 31,001,000……………. 1.107
4 CHOO KENG KIT……………………………………………………….. 16,000,000……………. 0.571
5 LEE KIM SOON………………………………………………………….. 15,822,500……………. 0.565
6 MAYBANK NOMINEES (TEMPATAN) SDN BHD…………….. 15,452,100……………. 0.552
7 CHOO AH NGO………………………………………………………….. 14,000,000……………. 0.500
8 SU HOW GIONG………………………………………………………… 13,900,000……………. 0.496
9 CHUNG KIN CHUAN…………………………………………………….13,701,000……………. 0.489
10 CIMSEC NOMINEES (TEMPATAN) SDN BHD……………… 10,178,500……………. 0.363
11 JENNY CHEAH SEK LI ………………………………………………10,000,000……………. 0.357
12 MAH KOK FOON……………………………………………………… 10,000,000……………. 0.357
13 WAN LENG WHATT……………………………………………………. 9,800,000……………. 0.350
14 PUBLIC NOMINEES (TEMPATAN) SDN BHD……………….. 9,000,000…………….. 0.321
15 THAM WOOI LOON…………………………………………………… 8,750,000…………….. 0.312
16 AMSEC NOMINEES (TEMPATAN) SDN BHD……………….. 8,204,700…………….. 0.293
17 THONG KIN MUN……………………………………………………… 8,033,600…………….. 0.287
18 NG YOKE HIN…………………………………………………………… 8,000,000……………. 0.286
19 VOO SUK CHING……………………………………………………… 7,200,000……………. 0.257
20 CIMSEC NOMINEES (TEMPATAN) SDN BHD……………… 7,000,000……………. 0.250
21 HELLY LYKE TABALUJAN…………………………………………. 7,000,000……………. 0.250
22 ONG YEW BENG……………………………………………………… 6,800,000……………. 0.243
23 MAYBANK NOMINEES (TEMPATAN) SDN BHD…………… 6,660,000……………. 0.238
24 PUBLIC NOMINEES (TEMPATAN) SDN BHD………………. 6,505,000……………. 0.232
25 LIM BOON SENG……………………………………………………… 6,045,000……………. 0.216
26 CHEN HEEN CHONG……………………………………………….. 6,000,000……………. 0.214
27 MAYBANK NOMINEES (TEMPATAN) SDN BHD…………… 6,000,000……………. 0.214
28 ONG SHIOK HUUN…………………………………………………… 6,000,000……………. 0.214
29 ROSZALI BIN MOHAMED…………………………………………. 6,000,000 …………….0.214
30 ONG KHEAM CHYE ……………………………………………….. 5,697,800……………. 0.203
TOTAL ………………………………………………………………………490,765,600…………….17.525%
FOR YEAR 2018 THE TOP 15TH HOLDER IS
15 THAM WOOI LOON…………………………………………………… 8,750,000…………….. 0.312
HE HAS ONLY 8.750 MILLION SHARES TO BE TOP NUMBER 15 HOLDER OF NETX
THAT MEANS THAT CURRENTLY EVERY ONE OF THE 17 NETX STAFF HOLDING 8.823 MILLION NETX SHARES HAVE EMERGED AS TOP 15 HOLDER OF NETX
WHY ARE THEY SO BULLISH AND BUYING SO MUCH NETX SHARES
OKOK WHAT IF PHILIP IS WRONG AND NETX OFFICE WITH MLAB & ASIABIO DO HAVE 80 STAFF
THEN IF 3 MILLION OPTION SHARES DIVIDED BY 80 = Rm37,500 Per Staff
And assuming the average salary of each Employee to be Rm5,000 per month that would by Rm37,500 divided by 5000 = 7.5 Months salary
SO WHY IN 3 MONTHS 80 STAFF EACH SPENT 7.5 MONTHS OF THEIR SALARY BUYING SO MUCH NETX SHARES
IS SOMETHING VERY IMMENSE BREWING IN NETX BECAUSE OF MALAYSIA’S RM50.3 BILLIONS FIBERISATION THRUST?
IF SO THEN ON MONDAY WHEN MARKET OPENS ALL NETX SHARES STILL SELLING AT 2 SEN ARE REAL BARGAINS
Best Regards
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
https://eaglevisioninvest.com/netx-0020-insatiable-buying-by-netx-staff-shows-immense-potential/
