I m not surprised to see a lower profit nor disappointed with d QR announced. DNEX is lucky to being able to achieve higher revenue this QR to meet d higher expenses & labour cost due to working capitals on more contracts acquired. Shareholders should b happy that DNEX still managed to show a profit despite all these expansionary projects. I m confident that given more time, all these projects will churned good returns.

Yeo Bee Yin, Minister for Energy, Technology & Science spelt that d Government will undertake an open tender in 2019 with an estimate of RM2billion worth of project for large scale solar(LSS3) scheme to increase electricity generation from renewable energy. This is good news for DNEX as power generation is one of d business divisions under DNEX's diversification in d energy sector.

It was reported that iGFMAS currently being used by d Federal Government will also b adopted by d various states government in Malaysia. DNEX accrual accounting system may further b adopted by other government departments.

PublicInvest Research reported that Anasuria Cluster has successfully completed 2 oil off-takes equivalent to 524,432 bbls of crude oil n for d full year FY18, there will b 3 off-takes equivalent to 791,822 bbls crude oil with contracted forward sales of USD60.11/bbl i.e a sum of USD47.6mil. Wow, no fake news, Hibiscus success is DNEX gains.

I m sure d replanting r for those old unproductive palms areas that r yielding around (16 to 18)mtons yph. Production YPH (yield per hectare) r calculated on matured hectares. The 20mtons YPH targeted is considered achievable if FGV embark on an aggressive replanting plans. However, with reduced matured hectares, they will get a drastic dropped of FFB (fresh fruits bunches) production which equates to lower profits not to mention d high replanting cost to maturity which will b more rm9k per hectare. Basing on these outlook, it is better to only replant in stages those old unyielding palms areas of below 17mtons YPH. Frankly speaking, it's better to sell more assets or unrelated plantation businesses to cover their cash shortfall. FELDA & FGV both must quickly revises their reformation plans or otherwise get worse & sinking deeper into debt.

CPO price moving up & down is solely due to supply & demand factors. Also, from competition of other edible/cooking oil in d market. In Malaysia, d price also fluctuate due to change in currency as CPO is traded in US dollar.

Guthrie before d merger was having d target of 25:25 (i.e. 25 mtons ffb n 25% oil extraction). They were very close on their target. Anyway, that was decades ago. Lets talk about now. We referred MIDF that FGV will set their targeted ffb production at 4.65 million mtons & cpo production at 4.85 million tons. On a positive note d current ffb production of below 20mtons yph & mill oer of around 20.50% when slightly improved to average 22mtons ffb yph & oil extraction to 21.5%, d profit will b huge. Somebody with d knowhow like Syed Mahdhar should b very capable of enhancing these target. Time being, it is still profitable, as long as d cpo price is above rm2200 per mton & FGV cpo production cost is maintained at rm1600 per ton. Talking about SDP expansions into buying New Britain Plantation & d coconut plantations business in Papua New Guinea, I think these business ventures should b given serious thoughts. For FGV, as I mentioned earlier, d LLA between FGV & FELDA is very disadvantage on FGV as FGV urgently needs to increase their ffb & cpo production to achieve higher profits.

Syed Mahdhar was ex Guthrie (now Sime Darby Plantation). He is chief of the Plantations & Mill audit/quality control team. He is the right man for the job to transform FGV turnaround plans.

I see very bad replanting strategy. Fyi, ffb production from a 5 yrs old tree can only yield (13 to 20) tons yph. Optimum production of a palm tree is at age 8yr to 10yr whereby they can produce (24 to 30) tons yph.

The Land Lease Agreement (LLA) imposed on FGV with FELDA & FELDA purchased of 37% PT. Eagle High Plantations is really not gud for FGV.

SAME AS HOW PNB BOUGHT MORE THAN 50% OF THEIR SHARES TO GAIN CONTROL OF SIME DARBY PLANTATION, GUTHRIE PLANTATION, GOLDEN HOPE & TRADEWINDS. ALL THESE PLANTATIONS GAINT ARE NOW NAMED SIME DARBY PLANTATION & CONSISTENTLY SHOWED PROFIT. TO MY EXPERIENCE & KNOWLEDGE, OIL PALM PLANTATIONS ALWAYS MAKES MONEY UNLESS THEY ARE NOT PROPERLY MANAGED.

BETTER CONTROLLED BY PNB. THEN MERGED & MANAGED BY SIME DARBY PLANTATION. IT WILL SURELY BECOME THE BIGGEST OIL PALM PLANTATION COMPANY IN THE WORLD WITH GOOD MANAGEMENT & HIGH PROFITABILITY.

DNEX TO INSTALL FIBRE OPTIC CABLES FOR INDONESIA'S TELKOM INFRA THRU ITS SUBSIDIARY DNEX TELCO SERVICES SDN BHD WORTH RM25.80 MILLION AS REPORTED IN THE BERNAMA BUSINESS NEWS ON 28TH AUG 2018.

DNEX IS A PARTNER OF TCSENS SDN BHD IN THE UP COMING IMPLEMENTATION OF TOLL RFID (I.E. PROVIDED THEY R AWARDED D JOB). AMONG OTHERS PLAYERS, THEIR CHANCES R CONSIDERABLY HIGH.

WOW, THAT'S GUD NEWS. DNEX WILL B COLLABORATING WITH AUDATEX (A LEADING GLOBAL INSURANCE PROVIDER FOR CAR ACCIDENT CLAIMS). DNEX HOPED TO CAPTURE 20% OF D 8 BILLION VALUE OF ACCIDENT CLAIMS LAST YEAR.

CHEERS, DNEX IS OPTIMISTIC OF INSTALLING 30UNITS OF PORTABLE CONTAINER SYSTEM (PCS) IN THE SECOND HALF OF 2018 TO BOOST PROFIT.

CHEERS, DNEX IS A PARTNER OF TCSENS SDN BHD.

I SEE MORE SUPPORTS AT HIGHER PRICE. IS THIS A POSITIVE SIGN?