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2017-09-06 15:37 | Report Abuse
Look at oil prices. You cannot sell the stock at a very low price.
2017-09-06 15:24 | Report Abuse
The director sold the shares for deemed interest, which is an adjustment entry used for tax purposes.
2017-09-06 10:56 | Report Abuse
2017-09-05 20:45 | Report Abuse
Copper prices surge to near three-year highs
https://www.ft.com/content/50db825c-9152-11e7-bdfa-eda243196c2c
Copper price is a barometer of the world economy.
Buy Dnex!
2017-09-05 20:36 | Report Abuse
Diversification means even if oil price is down, downside risk is limited. Oh, you should study more.
very very basic
2017-09-05 20:15 | Report Abuse
No worries. I can see positive aspects and wait patiently. I have nothing to worry about.
2017-09-05 20:12 | Report Abuse
the above says the Energy division contributed the remaining 34 per cent.
2017-09-05 20:11 | Report Abuse
From the DNEX website
Kuala Lumpur, 22 August 2017 – Dagang NeXchange Berhad (“DNeX”) has announced a strong set of financial results for the second quarter ended 30 June 2017 (“2Q 2017”) on the back of new business income streams.
In 2Q 2017, its revenue increased by 3.6 per cent to RM49.1 million from RM47.4 million in the corresponding quarter last year while net profit rose by 163 per cent to RM11.7 million from RM4.4 million (excluding one-off share of pre-acquisition gain of excess fair value of RM85.3 million from the acquisition in Ping Petroleum Limited).
For the six months period ended 30 June 2017 (“1H 2017”), revenue grew by 25 per cent to RM92.9 million from RM74.3 million a year ago.
DNeX’s net profit in 1H 2017 grew almost threefold to RM26.7 million from RM9.1 million (excluding one-off share of pre-acquisition gain of excess fair value of RM85.3 million from the acquisition in Ping Petroleum Limited).
The improvement garnered in 1H 2017 financial performance is attributed to the consolidation of OGPC Group’s financial performance, new recurring income from the Vehicle Entry Permit and Road Charges (“VEP & RC”) operations and maintenance contract, new income from the processing of eWork Permit, and an increase in oilfield drilling services.
The IT & e-Services division continued to be the main revenue contributor at 66 per cent of the Group’s revenue in 1H 2017 while the Energy division contributed the remaining 34 per cent.
“We remain committed to strengthen our business portfolio and business reach for both our IT & e-Services and Energy divisions and strive to eventually achieve a good balance in terms of earnings contribution from both divisions,” said Encik Zainal Abidin Jalil, Group Managing Director of DNeX.
“In view of the overall market softness of the oil and gas industry, we are exploring more contracting opportunities in the downstream sector. Our recently clinched contract to supply Portable Container Systems for petroleum products worth RM50 million to RM75 million will enhance the earnings growth of our Energy division over the near term. I believe our business fundamentals remain robust and we remain committed to pursue profitable growth,” he added.
The Group’s balance sheet continues to remain healthy and in a net cash position with a cash balance of RM73.4 million while total borrowings of RM17.5 million as at end June 2017.
DNeX’s Board of Directors has also recommended an interim dividend of 0.5 sen per share under the single-tier system totaling RM8.8 million for the current period ended 30 June 2017.
2017-09-05 19:55 | Report Abuse
They already have many projects, right? New projects are not always necessary. Boosting sales in existing servies will do.
2017-09-05 19:50 | Report Abuse
they said 35-40% of their profit comes from the oil sector.
2017-09-05 19:43 | Report Abuse
Diversification is good if oil price drops.
2017-09-05 19:34 | Report Abuse
You focus on trends too much. Trends can change anytime.
2017-09-05 19:25 | Report Abuse
It's ok. Oil price is high enough. The stock price is low enough. Buyers are coming back soon. I think due to North Korea, volume was low today.
2017-09-05 19:20 | Report Abuse
New projects are not always necessary. Boosting sales in existing servies will do.
2017-09-05 19:11 | Report Abuse
Sell your stocks.I will buy more!
2017-09-05 18:50 | Report Abuse
I hope Anzo will file a suit against VenFx. He cannot control himself. Normal people can control their excessiveness. Apparently he can't. Unless Anzo files a suit against VenFx, he will continue putting down the compamy. I think he is handycapped.
2017-09-05 14:35 | Report Abuse
VenFx is a retard. He does not know how to calculate dilution of stocks. What he says not right. Be careful.
2017-09-05 14:33 | Report Abuse
The downside risk is limited. P/BV should be at least 1. Sometime from today onwards the stock is likely to fly.
2017-09-05 14:30 | Report Abuse
Oil refining margins set to rise post-Harvey | http://www.klsescreener.com/v2/news/view/276527
2017-09-05 11:38 | Report Abuse
VenFx, you don't even understand what normal 10-year old boys can understand.
It's not like salt water will be dilluted with water.
If it is dilluted with stocks costing at 0.20 and the stock price is 0.22, the fair stock price after dillution should be between 0.20 and 0.22.
2017-09-05 11:35 | Report Abuse
Pmaster, you need to report here before some stocks surged, not after they surhed to boost your credibility.
2017-09-04 22:09 | Report Abuse
If you are not familiar with gold or oil, I can tell you.
2017-09-04 22:04 | Report Abuse
Brent crude oil price is still higher compared to time when Harvey hit Houston.
Brent-WTI spread was the widest in over two years, so now it is diminishing a bit. That's why
Brent is not as bullish as WTI now.
Libya has cut oil production, and the crack spread started decreasing. (Gas price has started dropping.)
Those factors will boost Brent crude oil price.
Plus a war will boost oil price.
2017-09-04 21:42 | Report Abuse
Many trolls are here, but they could not affect the stock price for the last two months. It's time for them to leave the place.
2017-09-04 21:20 | Report Abuse
Gold (+0.82%)
https://goldprice.org/
WTI (+0.63%)
https://www.bloomberg.com/quote/CL1:COM
Buy gold, oil or DNEX tomorrow.
2017-09-04 21:03 | Report Abuse
The stock price has been flat for the past two months. Let's see how operators will push the price up.
RM 0.1 ---------- 0.689x P/BV
2017-09-04 20:46 | Report Abuse
VenFx, I don't know Sachi. As far as I understand, your character is not normal. Pathologicaly persistent and you easily have a problem with others. I can talk with you here, but in real life I don't want to talk with you.
2017-09-04 20:36 | Report Abuse
VenFx, did you delete it? You must have been shamed of your post!
2017-09-04 20:29 | Report Abuse
They will need more oil if a war breaks out...
2017-09-04 20:26 | Report Abuse
Look at this troll's post.he just wants to laugh by causing a problem!
------------------
VenFx wrote:
Stock: [SOLUTN]: SOLUTION ENGINEERING HOLDINGS
Sep 4, 2017 08:02 PM | Report Abuse
Look at yourself , dont u feel disgusting at all ?
Or u are simplily too jeaolous to others capability .
Who heart you before ?
Find a good man , dont waste your time to say sacarstic b.s. here .
2017-09-04 20:22 | Report Abuse
VenFX is a troll. He has been posting the same messages over three months in the Anzo counter. After Anzo released a very good QR, he has started a negative campaigning.
Look at his posts.
-------------------
VenFx wrote:
Stock: [SOLUTN]: SOLUTION ENGINEERING HOLDINGS
Sep 4, 2017 08:02 PM | Report Abuse
Look at yourself , dont u feel disgusting at all ?
Or u are simplily too jeaolous to others capability .
Who heart you before ?
Find a good man , dont waste your time to say sacarstic b.s. here .
2017-09-04 20:17 | Report Abuse
VenFX is a troll. He has been posting the same messages in the Anzo counter for the past 3 months. And after Anzo released a very good QR the other day, he started negative campaigning.
2017-09-04 19:43 | Report Abuse
Avoid buying growth stocks as they are very vulnerable to risk-off sentiment. A war will boost prices of gold and oil.
Buy gold, oil and oil stocks.
Plus buy small construction stocks, which have little to do with North Korea.
2017-09-04 15:19 | Report Abuse
This idiot has been posting the same things here over three months. Spend your time on more meaningful things. he has a multiple personality disorder.
2017-09-04 15:11 | Report Abuse
Don't delete your posts and post them repeatedly. You are so persistent. You are a stalker type.
2017-09-04 11:51 | Report Abuse
Buy oil, gold and Dnex. Sell your growth stocks.
2017-09-04 11:49 | Report Abuse
A war will boost oil price,so don't sell Dnex.
2017-09-04 11:49 | Report Abuse
Countries participating in war will need oil products, so demand could increase.
War could affect petroleum producers, they may not be able to keep exporting at same levels or export at all, so the supply decrease. Same effect with destruction of pipe lines, infraestructure, stocks, etc.
2017-09-04 00:16 | Report Abuse
VenFx, spam. You posted the same thing repeately!
Stock: [ANZO]: ANZO HOLDINGS BHD
Aug 11, 2017 05:22 PM | Report Abuse
How Most Crooked Bossies,
Goreng Down their counter to reap profit kaw kaw !!!
Stock: [ANZO]: ANZO HOLDINGS BHD
Jul 24, 2017 10:11 AM | Report Abuse
How Most Crooked Bossies,
Goreng Down their counter to reap profit kaw kaw !!!
2017-09-03 23:27 | Report Abuse
The stock price has been around 0.1 for the past two month. Anzo operators collected many shares at 0.1. That's why very few people who bought shares posted a comment here. Let's see how they will push the price up on Tuesday!
2017-09-03 23:12 | Report Abuse
Tomorrow is a holiday. Just relax. Don't heat up yet.
2017-09-03 21:28 | Report Abuse
VenFx, I'm not a Pmaster. I don't brag about my achivements here.
2017-09-03 21:23 | Report Abuse
I read some of your posts. Your intelligence level is not high.
2017-09-03 21:17 | Report Abuse
I'm not intereted in local competition. My return is more than 100% this year. I'm not sure how good it is.
2017-09-03 21:15 | Report Abuse
VenFx, you don't know how to calculate dilution of stocks, either. As you speak more, your stupidity will appear more.
2017-09-03 21:10 | Report Abuse
VenFx,I know you don't know anything about the finanial market, either. haha Plus you know only one way to derive a TP. Haha
Stock: [DNEX]: DAGANG NEXCHANGE BERHAD
2017-09-06 17:24 | Report Abuse
Looks like no ESOS