Friday, June 22, 2007

Nextnation

Finally, the stock price of nX has increased 2 cents after it has been dropping into the down trend zone for a few weeks.
nX is due to release its Q4 result by next week. I hope this is an indicator where nX will post another impressive quarterly result.


While I am waiting for the Q4 result, I will continue to monitor the substandial shareholders changes in Bursa Malaysia website. With reference to Megan and Transmile cases, the founders and major shareholders disposed their stakes before the issues came out. As a result, I would think any movement made by the major shareholders would be another important and major indirect indicator in nX.

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