Good grab

Bought in

Those short minded ppl like depeche never study the oil prospects will keep on shouting here because he still stucked at 0.69.
When the oil profit realized in coming quarter he will keep chasing high again

Waseh..today trading pattern like mlab n vivo..bo chow si arrrr

Tmr QR day

Yea..as long as dont chase high..like depeche..still stucked at 0.69

Why @tyranny so salty?

Okok

I only buy if they make continuous profit not the opposite. Diu..if the director sapu so much at 0.08 n 0.11 why dont they buy now at 0.035/0.04. Make no fucking sense at all.

Yup..qr soon

This counter taken aback for qr next week

Bo chow si arrrr

KUALA LUMPUR (Aug 20): E-services provider Dagang NeXchange Bhd (DNeX) now gets up to Sept 3 to submit its written representation to challenge Malaysia Competition Commission (MyCC)'s proposed decision to impose a RM17.4 million fine on the group.

DNeX said in a stock exchange filing today that the time extension was obtained by its wholly-owned unit Dagang Net Technologies Sdn Bhd, which has also indicated to MyCC its intention to make an oral representation before the commission.

On July 10, MyCC issued a proposed decision against Dagang Net for allegedly abusing its position as a monopoly in the provision of trade facilitation services under the National Single Window platform.

"The investigation has provisionally found that Dagang Net had abused its dominant position by refusing to supply new and/or additional mailboxes to end users who utilized front-end software from software solutions providers which were not considered to be Dagang Net's authorized business partners," MyCC said in a statement at the time.

(To read MyCC's proposed decision, see: DNeX to challenge MyCC decision)

Following that, DNeX announced on Bursa Malaysia that it would challenge the proposed fine, and that it had been given till today (Aug 20) to submit its written representation to the commission and to indicate if it would make an oral representation.

With the time extension obtained, the group now has a little over two weeks to submit the written representation to make its case.

On market close today, DNeX's shares rose 1.25% or 0.5 sen to settle at 40.5 sen, after about 4.6 million shares were traded, giving it a market capitalisation of RM711.9 million.

Ini he earn..out also he earn

Bo chow si arrrr...conyy play short to maximize his outgoing

Good future earning bro PP. Who cook up the rumours about PP fail in loan.ape la

waseh coke price top 2700

this is sly fox...old sly fox...bo chow si arrrrrrrr

Bo chow si arrr

Woots

Apasal jump

Shark*

Bro simply because NOSH about 5.6b share..this is pure goreng n share counter.

Why power

Its like 10mil acquisition and collaboration with gomen provide e-account..was driving n the news came

Heard in BFM just now..news out today

Okok

Bro..gamuda which warrant shld I buy...my cash ard rm10k. Only not much. Buy mother share too expensive. Which warrant shld I buy

Yea 5percent. Not stucked at 0.69. But still everyday come write nonsense here

Good counter eh..good management also

Yea good news up down..bad news down down.

Opps..someone forget to makan ubat today..still stucked 0.69?

Jalan

08/08/18
PETALING JAYA: Dagang Nexchange Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(DNeX) is optimistic of recording stronger earnings in the second half of 2018, driven by the anticipation of higher portable container system (PCS) installations.

In a report yesterday, CGSCIMB said the IT services management company expects to install at least 30 units of PCS in the second half of 2018, compared with just seven in the first six months of this year.


image: https://sin1-ib.adnxs.com/it?e=wqT_3QLXA6DXAQAAAwDWAAUBCN6HrNsFELHhv5rR0NSJaRjioOPZ-tH3uB0qNgkAAAkCABEJBwgAABkJCQggQCEJCQgAACkRCQAxCQnweyBAMKOlkQY4mANAmANIAlCv1rUrWLuFV2AAaN4EeKOYBYABAZIBA1VTRJgBrAKgAfoBqAEBsAEAuAECwAECyAEA0AEA2AEA4AEA8AEA2AIc4ALOA-oCcmh0dHBzOi8vd3d3LnRoZXN0YXIuY29tLm15L2J1c2luZXNzL2INCSwtbmV3cy8yMDE4LzAFA_CfcGNzLWluc3RhbGxhdGlvbnMtdG8tZHJpdmUtZG5leC1zZWNvbmQtaGFsZi1lYXJuaW5ncy-AAwCIAwGQAwCYAxmgAwGqAwDAA6wCyAMA2APkvDDgAwDoAwH4AwGABACSBAQvdHRqmAQAogQNMTgzLjE3MS44OC44OKgE15QCsgQMCAAQABgAIAAwADgAuAQAwAQAyAQA2gQCCADgBADwBCEkNIgFAZgFAKAFAMAFAMkFKUwU8D_SBQkJCQyQAADYBQHgBQDwBQD6BQQIABAAkAYAmAYAuAYAwQYAAAAAAAAAAA..&s=854a6fca237c1b43423de2780c7b5b87e30a9734&referrer=https%3A%2F%2Fwww.thestar.com.my%2Fbusiness%2Fbusiness-news%2F2018%2F08%2F08%2Fpcs-installations-to-drive-dnex-second-half-earnings%2F


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“Moreover, the group expects to see maiden contribution from the Touch ‘n Go e-wallet network connectivity project. To recap, the group expects the project to contribute RM20mil revenue per annum, with an estimated 35% net profit margin in the first three years after the project is operational.”

Additionally, the research house said it is encouraged by the stronger performance from its 30% associate, Ping Petroleum, which recorded 48.3% year-on-year net profit growth in the first half of 2018.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Int_Business_Finance,Int_Sports,Int_Sports_Football,Int_Business_Finance_Investors,Int_Automotive,Demo_Gender_Female_enr,Int_Sports_Badminton,Int_Business_Finance_SME,Demo_AffluentAudience,Int_Tech_Telco,Demo_Gender_Male_enr,all,Int_Automotive_Affluent


DNeX’s net profit for its second quarter ended June 30 grew 2% to RM12.16mil from RM11.93mil in the previous corresponding period, boosted by recurring income from operating and managing its vehicle entry permit and road charge system.

Earnings were also bolstered by continued growth in the group’s business-to-business (B2B) and business-to-government (B2G) segments.

In a filing with Bursa Malaysia on Monday, DNeX said revenue in the second quarter increased to RM51.18mil from RM49.11mil a year earlier.

For the six-month period, meanwhile, DNeX’s net profit rose to RM28.4mil from RM27.01mil in the previous corresponding period, while revenue improved to RM122.29mil from RM92.93mil a year earlier.

TA Securities in a report yesterday said the company’s earnings were within consensus.

“We note that DNeX’s PCS contract has yet to recognise any revenue and we expect two liftings in a single quarter for the Anasuria field. Thus, DNeX’s 2018 earnings will likely be back loaded.

“We note that DNeX expects to deliver 50 units of PCS in 2018 valued at around RM25mil. Although delivery has been delayed due to site readiness issues, DNeX is confident it can meet its 2018 target of 50 units delivered.”

The research house is maintaining a ‘Buy’ call on DNeX, as the company directly benefits from the increase in crude oil prices.


Read more at https://www.thestar.com.my/business/business-news/2018/08/08/pcs-installations-to-drive-dnex-second-half-earnings/#P4koR7vobQ1BiGI4.99

Dnex need to summit hearing for the mycc case before 20th august 2018 right

2400 coke price

Eh...mana pergi itu sohai moneygun..ask wait entry price 0.210..

Hi depeche..still stucked at 0.69? Hahaha..biggest supporter turned sour grape

Moat:When profit and revenue y-o-y growing, how can that be poor quarter?

Yea bro..itu sohai mia orang cakap sohai mia benda

DNeX's 2Q net profit inch up with new acquisition

By Samantha Ho | 2018-08-06 22:53:05
KUALA LUMPUR (Aug 6): Dagang Nexchange Bhd’s (DNeX’s) net profit for its second quarter ended June 30, 2018 (2QFY18) inched up 2% to RM12.16 million from RM11.93 million in the previous year’s corresponding quarter, as it recorded higher revenue following its acquisition of consultancy outfit, Genaxis Group, in additon to recurring incomes.

The technology company’s quarterly revenue grew 4% to RM51.18 million against RM49.11 million a year ago. The topline growth was supported by both its acquisition in Genaxis Group and growth in its business-to-business and business-to-government businesses, the group’s stock exchange filing showed today.

While trade facilitation remains strong, the group said its 2QFY18 performance was affected by its new start-up business. Meanwhile, its energy division “continues to experience significant competitive pressure in an environment of declining oil and gas activities,” although improving crude oil prices have improved the results of an associate.

For the first six months of its 2018 financial year (1HFY18), DNeX posted a 5% increase in net profit to RM28.4 million versus RM27.01 million in 1HFY17, supported by a strong year-on-year revenue growth of 32% to RM122.29 million from RM92.93 million.

“The bulk of the group’s revenue came from IT & e-Services division, representing 81% of the total revenue, while the remaining 19% was contributed by energy division.

“The overall higher revenue was mainly attributed to continued growth of the Group’s business-to-business and business-to-Government services, and the consolidation of post acquisition results from Genaxis Group,” DNeX said in a statement today.

“The strong financial results are testament to our commitment in building, managing and improving our service platform eco system in trade facilitation, transport and halal ecosystem,” said executive deputy chairman of DNeX Datuk Samsul Husin.

Going forward, DNeX said it would continue to build its business by exploring opportunities that leverage on its existing IT and e-Services as well as energy businesses. It also will focus on implementing planned initiatives.

The group expects to deliver positive results for the year 2018.

Shares in DNeX closed unchanged at 40 sen today, leaving the group with a market capitalisation of RM711.76 million.

Good qr..

Lol..good report eh.. y-o-y increase. Margin over 20% every quarter. Every 3 months make over 10mil

Fulamak..super QR

Cina apa tulis. Tak paham

Yea moneygun is right. But I think 0.215 is too risky too. Lets wait for 0.100. Its a safer entry price. You know whats safer? Put under the bed. But there is risk too..the termite might have it.

Yea ho..this year many company release qr early by 2-3 weeks. Why huh..

April till 30th june ending is average at 1800. Not they sell below market. Study la bro before cakap

Start from July till today average price 2100.
Now standing at 2300
https://m.investing.com/commodities/metallurgical-coke-futures-historical-data

Report out on 20th august. Tq.

TOKYO (Reuters) - Asian stocks tumbled on Thursday as the latest escalation in the Sino-U.S. trade war hit Chinese shares, while global bond markets were rattled by increased borrowing by Washington and Japan's new tolerance for higher yields.

European shares are expected to fall, with financial spread-betters see Britain's FTSE, France's CAC, Germany's DAX opening 0.4 percent lower.

Japan's Nikkei declined 1.1 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.5 percent, dragged down by a 2.2 percent fall in Chinese H-shares.

The CSI 300 index of China's A-shares dropped 3.0 percent to 2,741, near its 1 1/2-year low of 2,691 set on July 6. Shares of export-dependent electronics firms fell 4.1 percent.

Hong Kong's Hang Seng Index fell 2.5 percent to 10-month lows while an index of Chinese start-up firms sank 3.5 percent to its lowest level since January 2015.

"Market sentiment was dampened by renewed trade war fears," said Zhang Quan, an analyst at Huaan Securities. "But investors need not be overly pessimistic as China is taking steps to hedge the risks from trade frictions with the United States, including monetary and fiscal policy easing."

The U.S. administration on Wednesday increased pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports.

"If it had not been for the sideswipe on trade, markets would have been in much better shape this week. Apple's earnings were super, helping to quell concerns about high-tech companies," said Hirokazu Kabeya, chief global strategist at Daiwa Securities.

"The BOJ's policy tweaks weren't much of a tightening, and did little damage," he added.

MSCI's gauge of stocks across the globe is down 0.45 percent so far this week, reversing gains from the previous four weeks, with Chinese shares accounting for the bulk of that.

On Wall Street, the S&P 500 lost 0.10 percent on Wednesday, but the Nasdaq Composite added 0.46 percent to extend its recovery from Monday's three-week low.

While industrial stocks fell 1.3 percent on trade worries, technology shares were boosted by strong earnings from Apple (NASDAQ:AAPL).

The world's largest company by market capitalization rose 5.9 percent, boosting its value to close to $1 trillion.

The Federal Reserve kept interest rates unchanged on Wednesday, as expected, characterizing the U.S. economy as strong and staying on track to increase borrowing costs in September and likely again in December.

While that surprised nobody, U.S. bond yields rose, with the benchmark 10-year yields breaking above 3 percent to 2-1/2-month highs, after the U.S. Treasury said it would boost borrowing in the bond market in the coming quarter.

LOOSENING GRIP

Global bond markets were also rattled by sharp rises in Japanese bond yields since the Bank of Japan loosened its grip on long-term yields on Tuesday.

The 10-year Japanese government bond yield rose to a 1-1/2-year high of 0.145 percent. It last stood at 0.120 percent. The BOJ conducted an unplanned buying in 10-year JGBs in the afternoon, curbing rise in the yields.

Worries that higher yields in Japan may prompt Japanese investors to repatriate funds hit European bonds, boosting German and French yields to seven-week highs on Wednesday.

In the foreign exchange market, major currencies were little moved.

The euro changed hands at $1.1650, while the yen stood at 111.56 yen to the dollar.

The British pound was steady at $1.3101 ahead of an expected rate hike by the Bank of England later in the day.

The Chinese yuan held relatively stable at 6.8308, almost flat on the day.

Oil prices climbed a tad after two days of heavy losses on a surprise increase in U.S. crude stockpiles.

Brent crude futures rose 0.3 percent to $72.63 per barrel after a 2.5 percent fall the previous day.

U.S. West Texas Intermediate (WTI) crude futures edged up 0.2 percent to $67.78 a barrel after Wednesday