The trading is still strong though the share price is slightly down. I am optimistic that the share price will continue to be uptrend.

215 million trading vol till now is excellent.

First hour trading with 65 million vol is fantastic. Hopefully, the trading vol can maintain for a week or two.

Trading vol is increasing steadily. In my humble opinion, it is a very good sign for further upside despise 20 points down.

Bob, You are expert in investment with hundred millions of fund. Since SC has approved PP for the extension of time till April 2022, what is the actual reason(s) behind the approval? I am sure you have source(s) and resources to provide information that can benefit a group of Ikan bilis here. I am just a ikan bilis humbly requested for your kind input.

Today is likely a day for speculators to row over. Despise the general market is down by more than 10 points, my opinion is that the share price will move higher to cover their cost.

Bored, Thanks for the information. I appreciate your sincere input and I agree with your analysis based on the information available.

Bored, Thanks and I accept your explanation. What if there is a collaboration between Foxconn and DNeX in EV businesses? What if there is a need in Silterra 's business expansion? What if there is new acquisition in oil & gas? The extension of time for the implementation of PP is appropriated in spite of the valid reason to maintain good working relationship with banker.

Bob, are you the bob graduated from university of Oxford and deputy CEO of Goldman Sachs? He is very humble and wise.

Bob, conversion of WD is a big contribution towards DNeX's fund raising. Please share your expert opinion why it has nothing to do with PP. I am just a humble ikan bilis.

Bob, I expect the PP to be issued in trenches. Because of unexpectedly conversion of WD were fully converted, PP was no longer needed at that time. Therefore the extension till 26/4/2022 is appropriated.
How do you know the plans of DNeX? How do you know Silterra is causing DNeX so much problem? Foxconn was willing to spend RM100 million to put a director on BOD.
No one is saying the whole 30% goes to single party.
I am just a humble ikan bilis.

Bob, based on the WD's conversion, the average price should be RM0.5 + average price of WD (RM0.25-0.30), therefore the price per share was already RM0.75-RM0.80. We know how to calculate. I don't know about you.
26/10/2021 11:21 AM

Bob, I am expecting DNeX to issue PP in trenches. DNeX must have some plans or some proposed acquisition to be announced. Yes, the PP may or may not be taken up. WD was fully converted unexpectedly. I am just a humble ikan bilis sharing what I think.

Bob, why is the BOD taking all the trouble to extend the PP for 6 months?

Supposedly all PP is being taken up at RM0.8, at least RM700 million will be raised. Don't you think that plans are already in place to use these fund? First question to ask is who are these local institutions who are able and interested in DNeX's PP?

The total PP to be issued is 891,610,200 shares.

Based on 31/3/2021, these are the purpose of the PP. Still valid?DNeX also intends to undertake a fundraising exercise via a private placement which involves the issuance of new ordinary shares in DNeX ("DNeX Share(s)" or "Share(s)") representing up to 30% of the total number of issued shares of DNeX to third party investor(s) to be identified later at an issue price to be determined later ("Placement Shares") ("Proposed Private Placement"), of which the proceeds arising thereto are mainly intended to finance the Proposed Acquisition, either in whole or in part, subject to the successful procurement of placee(s) and implementation of the placement prior to completion of the Proposed Acquisition.

Fyi, On behalf of the Board, UOBKH wishes to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 25 October 2021, resolved to grant the Company an extension of time of 6 months from 27 October 2021 until 26 April 2022 for the Company to complete the implementation of the Private Placement.

Bob, Thank you for classifying me as a historian. I don't mind collecting old data, old records, old news in order to project the future. I am also just an ordinary ikan bilis, not worth your attention. Thank you very much.

It is still a good day. As long as the trading vol is maintaining at this level, upward trend is likely to continue.

atilanahun, I am not affected by those who have no character in life. I have been sight seeing ever since.

The trading vol for the first half an hour this afternoon is not so good. I hope it is going to improve soon.

Trading vol for half a day is good. I am in and am expecting to have further upside.

They are not poor and I would call them speculators. Most of the time, small investors are at their mercy.

Just to clarify further, it was not top of the chart at 9:35am. You might be still sleeping at that time.

BobAxelrod, I have the tickets and I am sight-Seeing now !!! Are you?

The target for today is to stay at this level.

Hope that this is not the level that they push up slightly to collect more. We would know by the end of the week.

My hope is the trading vol can maintain throughout the day.

How is the relationship between Karim and Awang Daud?

I won't be surprise if he buys back at less than half of the price he disposed.

The suspension will remain until Serba Dinamik makes an announcement in compliance with the directive by Bursa. Who would know better than Datuk Awang Daud? The last time he acquired additional shares was on 23/4/2020 with total holding of 294,635,020 shares (9.61%). Since then, he has been disposing. Based on the last disposal on 11/10, his share holding stands at 9.904,000 shares (0.27%).

What is to come will come. The chance of EY presented a different outcome is remote and it seems that the finding by EY has been presented to the 3 independent directors at the end of September. The suspension is to force the BOD to announce the finding by EY. I take interest in Serbadk, because of the dispute between the KPMG and the BOD of the company. I am worry for you all.

Opcom & Serba are not in my radar and l am not willing to take that type of risk at the current share price. i am looking for trading vol for DNeX as a signal to buy more.

I can only afford Hongguang Mini EV Cabrio Convertible

BobAxelrod, your point is taken and appreciated.

Gerald Lam, thank you for your valuable information. You have been a genuine provider of information who is helping fellow retail investors to make a better decision. Appreciate it very much.

Application to Bursa for the extension of time to implement PP was submitted on 4th October 2021. It could easily be in trenches. Either the share price is suppressed for the purpose of further collection for local institutions or for the lower PP price targeting local institutions. If the PP price is less than RM0.9, what do you think Foxconn will think?

Pushing down the price to collect will not work well this time because the majority has the same understanding that price at this level is totally undervalue.

It is just a matter of time and by how much. I am waiting for it to explode. The longer it maintains at this level, the higher it will go. The signal is trading vol.

Can you share what you are not UNCERTAIN about DNeX?

Probability is not exactly throwing a dice in term of risk. The probability for the dice to turn for any of the 6 numbers is the same. The more factor you know the small the risk you take. To minimise the risk is to weight the risk of the entry price against the return of the reward. You can be lucky and ignorant to make money but you can make more money to take fundamental knowledge of share trading.

The signal I am looking for is the trading vol.

BobAxelrod, investing in share market is all about probability. " probability is "risk". We all have the degree of risk we are willing to take. Different stock has different fundamental and different management styles and so on. It is your risk to take at what level of share price you enter. The goal is to make money within "your targeted period of time".

BobAlexlrod, the probability of moving upward is much much higher than moving downward. Never say never. alilanohun, your opinion is pretty close to reality. Psychology is the name of the game for short term investors and fundamental of the Stock is for longer term investors.

The signal is the trading vol.

Still RM0.75. As solid as it can be. Is there anyone still waiting for RM0.5, 0.3?

Bored, Thanks for the link info. Hon Hai is providing an open concept platform with already 2000 over partners in EV. DNeX is just one of the 2000+ partners. It is quite impressive to launch Model C ( SUV), E( Executive Sedan ) & Model T ( Public Bus) to be expected on the road in Taiwan by 2023.
18/10/2021 12:03 PM

Abidjan, thanks for the info. At least the Zainal Abidin of DNeX is not related to Nuraslina. Now it makes sense to demand what is the profit guarantee of Genaxis by Nuraslina to dispose her shares to Dagang Net.

Abidjan, thanks for the information. Arcadia Acres is both the major shareholder of DNeX and Theta. What is the story behind? Either Arcadia is slowly disposing off DNeX like Censof before. Reason ????