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Overview
Financial Highlight
Headlines
Business Background N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages. It also offers design, programming, and consultancy services. The company markets enterprise-wide integrated e-commerce securities trading solutions to local stock broking firms and banks. Its products include TCProGlobal, TCPlus, TCMobile, TCMarket Maker, TCPair, and TCBOS and services range from online trading portals within the stock broking industry, hosting and managing network services, to wealth and risk management solutions. It generates the majority of the revenue from Malaysia.
  issajoke Might be possible merger or acquisition between Hundsun & N2N as there is no doubt Ant Financial is expanding aggressively through acquisition for the past decade. With stock market continue booming and increasing usage of tech due to Covid Era in SEA, is quite a good opportunity for them to expand themselves which is the quickest way of entering foreign market. In the end of the day, this is only a guess or you could say is a hunch, with China & USA still having strong conflict, the SEA market is the better choice for Ant to expand as previously Ant acquisition offer was shut down from the U.S. Committee on Foreign Investment for a company named MoneyGram. https://www.uktech.news/how-ant-financial-acquired-worldfirst#:~:text=Ant%20ultimately%20reached%20an%20agreement,its%20blessings%20on%20the%20deal. 01/06/2021 8:00 PM teareader818 issajoke, hope your hunch is right, as I have a lot at stake on this counter. 16/06/2021 9:04 AM fifimao Anyone knows the price per share Hundsun is paying to Softbank, Quick and Nikkei for the acquisition of 24% stake in N2N? 18/06/2021 12:13 PM mastergo we have to waiting minutes of 20th AGM release, see what n2n answer the questions from shareholders. Below are questions from shareholders About Mainboard transfer listing 1. We would like to know the current progress of your company's mainboard transfer which was disclosed at the end of last June. 2. Could you please elaborate if there are any major issues of reasons for the delay in your mainboard of transfer? 3. Can the company advise the expected time to approved? 19/06/2021 2:48 PM mastergo and i have drop email to N2N Below is N2N replied. "The minutes of our 20th AGM is currently still being finalized. We thank you for your patience and apologise for any inconvenience caused." 19/06/2021 2:51 PM Najib Zamry N2N Boss extremely low profile and market shy. If he is more press/investor friendly, N2N with such a good fundamental (cash rich and good management) already trading at RM1.00 now. Hudson Holdings limited which has become major shareholder of N2N recently is not "calang calang " company. They are under Jack Ma. 21/06/2021 1:40 PM yumchar With SBI out, it's about time to take a position in this stock. My faith is in the new shareholder Hundsun Holdings Ltd. What I'm interested in is N2N Connect's Asia Trading Hub that claims to provide a unified trading platform for broker members who can then offer their clients the benefit of trading stocks in Malaysia, Singapore, Hong Kong, Philippines, Thailand, Indonesia, Vietnam and Taiwan with a single trading account. The ATF should generate much more transactional earnings for the Group. Perhaps they are facing regulatory problems. 22/06/2021 11:18 AM Najib Zamry I hope that there will be more good news coming out end of this week 22/06/2021 12:41 PM mastergo I already drop email to n2n, they currently still being finalized. once done, the q&a will available on company website. 22/06/2021 7:32 PM mastergo Below are questions from shareholders About Hundsun 1. What kind of new business does the Managing Director expect to be able to develop with the new major shareholders? 2. Do you have any specific ideas on how to team up with them to achieve the Asia Trading Hud plan? 3. Or, Have you already started a dialogue with them on a new collaborative business? 4. Please elaborate on potential cooperation with them. Will it be in HongKong or Malaysia? What will be the most likely business for cooperation? How soon will discussion with them commerce? 5. was the recent joining of Hundsun technologies unexpected by the company? or has this been in discussion for quite some time now? 6. Will they be given board representation? 22/06/2021 7:36 PM Woolei n2n boss will be the special guest for GS Golden Summit meeting at 26 June. should be able to get some news of what they going to do next. 24/06/2021 1:29 PM Najib Zamry N2N big boss very low profile hardly meet people. Very surprised to her that he will be special guest for GS Golden Summit this Saturday. Hope that he will share more good news with us especially main board transfer timeline which is long overdue. BTW , may I know how to join the meeting? is it conducted in English? 25/06/2021 9:48 AM teareader818 Were you able to get news of the GS Golden Summit? Woolei n2n boss will be the special guest for GS Golden Summit meeting at 26 June. should be able to get some news of what they going to do next. 01/07/2021 10:11 PM  Flying Fox 5 years ago was around 80 cents, now also 80c. With return of pity tiny dividends, what a loss of holding this. (Opportunity costs) 01/07/2021 10:15 PM fifimao It's a complicated structure. Hundsun Ayers is one of the biggest in HK. Than there's AFE in HK also under N2N. In Malaysia and Singapore, both N2N and Hundsun Ayers also operating separately. 14/07/2021 1:19 PM issajoke Another thing to take note, N2N on 2018 made a purchase of 28% stake on Australian co. named OurMoneyMarket (OMM), https://www.theedgemarkets.com/article/n2n-connect-buy-28-stake-austra... - "N2N Connect to buy 28% stake in Australian lender", April 2018 Currently OMM just announced they are raising Series C on August 2021 and it is expected their investor as a backer which included N2N. We may see N2N increasing their stake in OMM as the P2P lending co. reported they already written in excess of $220 million in loans and has projected that it will hit $525 million of loan originations by June 30 next year. https://www.linkedin.com/feed/update/urn:li:activity:6834248277270020096/ - "OurMoneyMarket raising Series C on $117m valuation", August 2021 02/09/2021 12:53 AM Ice Sea really no idea, fundamentally still solid, just buy and wait for recovery 19/03/2022 2:05 PM Ice Sea own most of the trade platform at malaysia compare eforce and also cheaper valuation compare eforce. 09/04/2022 11:53 AM  imvu -wb expired date : 8/1/2024 gearing : 14.33 share isued : 140.089m market cap : 4.202m 04/10/2022 11:39 AM imvu dah berkurun terjun , market rebound kali ni operator tolong lah buat rebound 05/10/2022 5:07 AM hw0706 Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.3%. The fair value is estimated to be RM0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 0.5% in 2 years. Earnings is forecast to grow by 16% in the next 2 years. 08/02/2023 8:12 PM mahmudkashimj N2N after announcement look interesting start. Already listed since 2005 and 18 years old. It business is oligopoly ins Malaysia. All our trading platforms is using N2N software vs eforce. FV shall be around RM1.30 07/03/2023 3:28 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
