KingDavid

KingDavid | Joined since 2014-03-28

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Stock

2021-04-08 14:53 | Report Abuse

Exercise of Warrant DNeX-WD will continue till the expiry date. The more Warrant being exercised, the better it is for long term and the least DNeX is dependant on PP. These are the facts.

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2021-04-07 09:35 | Report Abuse

No one know exactly where the share price is moving - up or down. But it is quite certain that someone is monitoring it, to make sure that the Warrant is taking up to be converted for additional fund and the PP ( up to 30%) can be implemented accordingly. The question is how much fund can be raised from Warrant's conversion? I believe the higher the rate of conversion for Warrant, the least DNeX is dependant on PP.

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2021-04-02 18:55 | Report Abuse

I believe the new PP price should be at least RM0.9. With 20% discount, the share price should be around RM1.125 +- RM0.05

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2021-04-02 18:50 | Report Abuse

Ibelieve, the recent PP price was RM0.7339 and so the new PP can not be lower than the old PP price.

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2021-04-02 17:23 | Report Abuse

PP price will be 5 days average with maximum 20% discount. We do not know what is the grand plan of the chief operator. Assuming the PP price is RM1.0, the share price could be pushed up to RM1.2 +- 0.10

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2021-04-01 13:56 | Report Abuse

Any news from EGM?

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2021-04-01 11:40 | Report Abuse

Don't expect DNeX to be limit up for it's share price. Considering that it was only RM0.2 not so long ago. I strongly believe that the price will be RM1.0 +-0.05

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2021-04-01 11:37 | Report Abuse

I personally hope that the ESOS price is fixed not lower than RM0.9, assuming the PP price is also fixed at RM0.9

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2021-04-01 11:32 | Report Abuse

hengsame, I am afraid, the mother may maintain at RM1.0 till the fund raising through PP is completed. my opinion only.

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2021-04-01 11:30 | Report Abuse

If my assumption is fair, then DNeX does not depend on DNeX-Wd to raise fund and I believe the CEO has already identified the parties for PP. To make the PP price of RM0.9 ( assumption) attractive, the DNeX-WD must be higher than RM0.4. In another word, DNeX-Wd could be moving higher between RM0.4-0.5, assuming the mother share supports at RM1.0

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2021-04-01 11:14 | Report Abuse

DNeX's commitment in Silterra is RM163.8 ( 60% of RM278 million) + RM120 ( 60% of the RM200 to be injected into Silterra for upgrading of equipments & operational expenses. Total is RM283.8 million. Plus 60% acquisition of Ping for about RM314.3 million. Grand total fund required = RM598.1 million. With 30% proposed PP of about 668 million shares, the PP share price should be about RM0.90 / share. Normally give 10% discount, the 5 days average should be about RM1.00. Any comments?

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2021-04-01 10:37 | Report Abuse

So far, how many % of PP has been taken up? Please share. Thanks

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2021-04-01 10:02 | Report Abuse

I think DNeX-WD is crucial to the control of DNeX. If the CGP fund wants to take control of Silterra, they may want to take control of DNeX in order to have a say in Silterra.

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2021-03-31 18:07 | Report Abuse

If someone is willing to put in about RM25 million, this someone must be very confident about the future of DNeX.

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2021-03-31 18:06 | Report Abuse

FYI, I did not know earlier that the listing of private placement of 33,885,700 shares @RM0.739 were listed on 19/3/2021. Fund of RM24.868 million were raised.

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2021-03-31 15:35 | Report Abuse

KWSP is waiting for official confirmation of Silterra to be injected into DNeX. At least there is a hope in DNeX. Better still with new CEO to turn DNeX into a blue Chip company.

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2021-03-31 15:28 | Report Abuse

Even though EPF has disposed off DNeX's shares from 2.2785% (July 2020) to 0.4663% in Feb 2021

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2021-03-31 15:22 | Report Abuse

KWSP is currently only holding 0.4663% ( 8,897,600 shares) in DNeX. Imagine if the KWSP decides to hold 5% or more?

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2021-03-31 15:14 | Report Abuse

I don't think the operator will allow the market to derail their plan. When the market is bad, the price moves down to collect and push up when the market recovers. It will be around RM0.90 +- 0.10. The Son will follow the Mother.

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2021-03-31 09:52 | Report Abuse

All is executed according to the operator's plan to raise fund through DNeX-Wd. How much support to complete the grand plan is to be seen. The price of WD has to be attractive enough to go through the process of convection to mother share. I believe the price will stay at this level for a couple of weeks.

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2021-03-30 12:14 | Report Abuse

May be the operator prefers to have the price difference between the Mother and the Son to be RM0.1

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2021-03-30 09:45 | Report Abuse

The price difference RM0.05 - 0.07 between the Mother and the Son is more acceptable now. IO think the operator will maintain it this way unless other factor comes into play.

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2021-03-30 09:26 | Report Abuse

If the price of the ESOS has been finalised, the share price may continue to move upward. Wait to see.

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2021-03-30 09:22 | Report Abuse

2527005, you are absolutely right to say about the ESOS with cheap premium. That is why the new CEO is aware of it and push the share price up to RM0.9 +-. Then the premium to be paid should be more or less RM0.9. This will indicate that the future price will be much higher than RM0.9.

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2021-03-30 09:12 | Report Abuse

The transaction vol of the Mother, indicates that the Mother is being sold upon convection from the Son with a profit. Either the price of the Son needs to be normalised in order not encourage more selling pressure of the Mother share. Wait to see what the operator will do today.

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2021-03-29 10:26 | Report Abuse

I believe DNeX is in the process of digestion as the conversion of DNeX-WD continues. I think the price of the Mother and the Son will maintain about this level unless there is special announcement.

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2021-03-26 14:41 | Report Abuse

The Son is playing catch up?

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2021-03-24 14:42 | Report Abuse

Don't buy the Son if you don't have intention to convert it to Mother. You will be disappointed.

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2021-03-24 11:30 | Report Abuse

Till someone has the interest to take up all the trouble to convert it to mother shares. The mother is also dependant of the premium of RM0.50 to raise the finances required for all the acquisitions.

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2021-03-24 11:27 | Report Abuse

It is quite certain that the Son is not moving up as expected.

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2021-03-18 11:37 | Report Abuse

During this time, The mother will remain RM1 +- RM0.05 and the Son will align the price with the Mother to move up to RM0.5 +- 0.05

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2021-03-18 11:33 | Report Abuse

The price of Son will not affect the price of ESOS. So, the Son may move up while the mother is waiting out for ESOS.

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2021-03-18 10:41 | Report Abuse

It depends on when are they taking the 5-days average price? Could someone shares what is the normal practice of taking the 5-days average?

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2021-03-18 10:21 | Report Abuse

Sniper S, you are right. The chief operator is holding the price for the 5-days average for ESOS to be approved at EGM on 1/4/2021.

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2021-03-18 09:54 | Report Abuse

Today could be the Son's day.

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2021-03-18 09:52 | Report Abuse

The chief operator is still monitoring and support at this level is already good enough. It is his call to move or not. Blocking to move up is also the operator's strategic plan to be in the control of the movement of price.

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2021-03-18 09:27 | Report Abuse

Chances to move higher is high today. Watch !!!

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2021-03-17 15:10 | Report Abuse

Most of the contra players still can make some money except those who bought higher than 0.95 - 1.03

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2021-03-17 15:07 | Report Abuse

As expected, the trading vol has increased to 2 million shares for first 1/2 hour in the afternoon. Expect more to come.

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2021-03-17 12:39 | Report Abuse

T3 for 82.6 million shares traded on 12/3 ( Last friday). Only 6.6 million traded this morning. We should be very busy in the afternoon session unless most of those shares traded are taken up. I am looking forward to find out this afternoon.

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2021-03-17 10:39 | Report Abuse

There will always be sellers and buyers. If the demand is more than the supply, the price will move up and vice versa.

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2021-03-17 09:38 | Report Abuse

We cannot treat DNeX as what we normally will have done for most of other companies in KLSE. DNeX is in a position where many parties are interested in taking control of the management. These parties are putting their interest long term. I believe DNeX-Wd comes into play because it can contribute towards simple majority in controlling DNeX.

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2021-03-16 09:51 | Report Abuse

The mother is dragged by the Son. If the Son can not move up, the Mother will not move.

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2021-03-16 09:10 | Report Abuse

Ha...... Who are these Fund Managers? May be another day of moving side way.

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2021-03-15 12:14 | Report Abuse

Those who want to sell at this price, are selling because they are short-term Investors or some of them are day traders. You can't blame them. I am happy for them as they do make money at this price.

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2021-03-15 09:13 | Report Abuse

The selling pressure this morning will be absorbed before moving higher. The operator is not allowing the contra players to earn as much.

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2021-03-15 09:10 | Report Abuse

It is quite certain that Mother is leading to higher ground and the Son is abandoned till there is interest in buying and converting it to mother shares. Till then, the price of the son will remain low.

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2021-03-12 16:06 | Report Abuse

The operator controls the closing price for the Mother and the Son. The operator is working to accumulate shares for his big clients.

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2021-03-12 15:28 | Report Abuse

Ask your Remiser to do the convection from Son to Mother for you. Otherwise call Bursa.