Posted by shortinvestor77 > 2016-10-21 19:49 | Report Abuse

Mr. Market will decide it.

Posted by calvintaneng > 2016-10-21 22:51 | Report Abuse

At the bottom line all e commerce will need more fiber optic cable. So Opcom will benefit also.

Posted by UniC > 2016-10-21 22:53 | Report Abuse

can they buy finer optic cable from china? its buy 1 roll free 1 roll. practically half price for bulk order.

Posted by calvintaneng > 2016-10-21 22:57 | Report Abuse

Posted by UniC > Oct 21, 2016 10:53 PM | Report Abuse

can they buy finer optic cable from china? its buy 1 roll free 1 roll. practically half price for bulk order.

Fiber optic cable from China? Not so practical as they are made of fragile thin glass thread. Just like China cannot export cement as in just days on high sea cement can harden. Only steel can be exported by China profitably

Posted by UniC > 2016-10-21 22:58 | Report Abuse

oic.

Posted by ronnietan > 2016-10-22 14:36 | Report Abuse

Is this a joke? PE 1.3x and no analysis if the 1 quarter from associated co Ping Petroleum is sustainable, or exceptional? Not even a remark.

Posted by ronnietan > 2016-10-22 15:03 | Report Abuse

The associated co that contributed RM85 mil to DNex in its June Q probably owns 30% of 50% (effective interest of 15%) in the Anasuria Cluster.
The SPAC Hibiscus happens to own 50% of Anasuria which threw up negative goodwill RM228 mil in June Q.
DNex's share of RM85 mil from an associated interest is likely to be negative goodwill too.
It's one-off, and in no way can be used to calculate PE.

Posted by ValueInvesting > 2016-10-22 17:51 | Report Abuse

TP 0.35 and 0.40 it's just a matter of short time. Wonder if you guys had read the cimb analysis report regarding DNex, it's definitely a steal at current price. Few more weeks to Nov Q3 result, which is expected to be very good result even if the oil price dropped down to below 50$ per barrel, as they had expected to trade it at $45 previously, but look at the current crude oil price. You decide.

Posted by ValueInvesting > 2016-10-22 17:55 | Report Abuse

I will just show some of it

Valuation
Under-researched
DNeX is an under-covered stock, and in fact, no research house currently covers the stock at all. We think this is due to concerns over earnings delivery following the upcoming expiry of the NSW contract and weak sentiment in the oil and gas industry. Nevertheless, management sees strong growth potential from its energy division, driven by a new and highly-experienced management team. Despite the minimal coverage, DNeX has an institutional investor holding about 5% stake in the company.
DNeX trades at only 6x FY17F P/E
Based on Bloomberg consensus, DNeX trades at a forward FY17F P/E of 6x, which is more than a half standard deviation below its historical mean of 10x. Also based on consensus numbers for FY16-17F, the company is expected to record a staggering FY15-17F net profit CAGR of 88%.
Trades at deep discounts to IT and oil and gas sector peers
DNeX does not have direct competitors given its unique diversification strategy and dominant position in its existing IT business. However, we see local IT service providers such as MY E.G. Services (ADD, TP: RM3.22), Prestariang (ADD, TP: RM2.82) and Datasonic as proxies for local IT service providers. These companies are trading between 17.5x and 24.4x 2017F P/E, which implies a 66-75% premium to DNeX.
Meanwhile, for the oil and gas division, we compare DNeX with Pantech Holdings and Unimech Group, which are the two listed companies mentioned by the independent market research company, “Protégé Associates” in its executive summary of the independent market research following the acquisition of OGPC. These companies are trading between 7.3x and 14.6x 2017F P/E, which implies a wide 18-59% premium to DNeX.
In addition, if we compare DNeX with the small-cap oil and gas service providers such as KNM, Wah Seong and Uzma, DNeX is still trading at a deep discount of 28-48% relative to these companies, which are trading between 8.3x and 11.4x 2017F P/E.

Posted by ValueInvesting > 2016-10-22 18:13 | Report Abuse

Along with their strong earnings from the VEP Projects & Oil Gas, you do the calculation. The final decision is on yours. Good luck.

Posted by VenFx > 2016-10-23 19:26 | Report Abuse

Still Wacthing .

Posted by VenFx > 2016-10-23 19:33 | Report Abuse

ME: [ VERY FUNNY TO SEE THIS HOW NOVICE COMMENTS FROM THIS BIRD ]

1. with improving packing tech, cement can be transported lar.
2. Fibre optic are fragile ? Only idiot will buy your lies .


POSTED :calvintaneng Posted by UniC > Oct 21, 2016 10:53 PM | Report Abuse

can they buy finer optic cable from china? its buy 1 roll free 1 roll. practically half price for bulk order.

Fiber optic cable from China? Not so practical as they are made of fragile thin glass thread. Just like China cannot export cement as in just days on high sea cement can harden. Only steel can be exported by China profitably

Posted by Koon Bee > 2016-10-23 19:34 | Report Abuse

LOL...another jokes by Calvin

Posted by VenFx > 2016-10-23 19:35 | Report Abuse

Can't help my self, every time see Calvin acting smart to fool around i3 members.

Posted by VenFx > 2016-10-23 19:36 | Report Abuse

Can't help my self, every time see Calvin acting smart to fool around i3 members.

Acting Smart, Doesn't mean U are Smart .
Silly Bird - CALVIN .

Posted by Koon Bee > 2016-10-23 19:38 | Report Abuse

Hahaha...this Calvin little kuku bird really make my day