DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.335 - 0.345

Trading Volume

5,372,800


58 people like this.

102,890 comment(s). Last comment by Income 1 day ago

jk20598

213 posts

Posted by jk20598 > 2022-03-21 14:34 | Report Abuse

According to MIDF,last week RM1.18b Foreign Funds flow into Bursa.High PE Tech Stocks all went up good,so they buy them!?Low PE Dnex no go up,so they didn't buy Dnex!?What a pity!As Malaysia now a safe heaven,hope more Foreign Funds from the chaotic west will continue to pour in,Dnex might still has a chance.Dnex should do more roadshows via HLIB n CIMBIB.

EVO118

2,146 posts

Posted by EVO118 > 2022-03-21 15:10 | Report Abuse

No reason for this to be building a base at 1.02. It should be rocketing towards 1.20. Won't take long.

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-21 15:17 | Report Abuse

Just my opinion that DNeX may be classified under GLC or China linked company, even though Foxconn is holding 3+%.

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-21 16:01 | Report Abuse

We may need to hope for EPF to buy.

jk20598

213 posts

Posted by jk20598 > 2022-03-21 16:06 | Report Abuse

Dnex Chart has formed a double bottom n if today or tomorrow it breaks out north,it will be uptrending onwards!?Hopefully!

jk20598

213 posts

Posted by jk20598 > 2022-03-21 16:16 | Report Abuse

The problem is now EPF no money to buy because of the recently approved 10k withdrawal which EPF said will have to sell some assets to meet the withdrawal demand!

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-21 16:21 | Report Abuse

why hope EPF buy? EPF got other tech/O&G counters still inside.
look the other way
those auntie/uncle now got 10k to HOOT in dnex lol.

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-21 16:25 | Report Abuse

Then, we need some kind of "catalyst" for operator to push otherwise stay sideway.

amateurJR

2,366 posts

Posted by amateurJR > 2022-03-21 16:30 | Report Abuse

Where is DNEX super sor-chai promoter Natsuko? Haha

steven_c

113 posts

Posted by steven_c > 2022-03-21 17:07 | Report Abuse

@jk20598 Even if EPF are not able to load up on DNeX, perhaps other institutions might (e.g Tabung Haji, ASB, KWAP, etc.)

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-21 17:18 | Report Abuse

didnt dnex already gain a new shareholder?

ANNEDJMA CAPITAL SDN. BHD. 18-Mar-2022 Notice of Interest 359,000,000
problem with dnex is it focus on two sector O&G and semiconductor.
it can be good and bad at the same time.
catalyst can come from both sector, but if 1 falls it drag the whole thing down

Chang206

1,199 posts

Posted by Chang206 > 2022-03-21 17:59 | Report Abuse

So obvious PM and RHB IBs are blocking the share price from going up too much as their call warrants are expiring end of this month, CE expiring on 22nd and CA expiring on 28th. Expect last week of the month will see a stronger rebound after CA expired.

EVO118

2,146 posts

Posted by EVO118 > 2022-03-21 18:02 | Report Abuse

jk20598
I am not sure where you see a double bottom. I can't see it in the 1month, 3 months, 6 months or 1 year charts. Either I need a new pair of glasses or maybe I need one of your type of glasses that can show me a double bottom.

EVO118

2,146 posts

Posted by EVO118 > 2022-03-21 18:22 | Report Abuse

deMusangking
Superb! You are very good at it. Love it.

IronShirt

3,178 posts

Posted by IronShirt > 2022-03-21 21:30 | Report Abuse

Huge block shares 359m transfer around like a Hot potato. Why? Did Khazannah Conned Dnex about Silterra?
Directors found Out problems after they Bought Silterra Over. Why Khazannah Sell Silterra after 10years and
Dump 2--3billions into it and then Sell Silterra like a Old Car

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-21 21:46 | Report Abuse

OIL & GAS - Oil climbs as traders gauge war in Ukraine, Middle East tensions - http://www.theedgemarkets.com/article/oil-climbs-traders-gauge-war-ukraine-middle-east-tensions

Posted by DatoChiakaLiau > 2022-03-21 22:35 | Report Abuse

How to secured the big money to buy 359Mil share? New shareholder to shake the tree.

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-21 22:43 | Report Abuse

WTI over USD 110

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-22 08:53 | Report Abuse

brent crude oil 117.57

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-22 08:54 | Report Abuse

the oil price climbed.

SinGor

4,921 posts

Posted by SinGor > 2022-03-22 09:18 | Report Abuse

Zainal Abidin is the Oil Man in Dnex previous under Exxon/Petronas. Why he dumped Dnex?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-22 10:00 | Report Abuse

NEED MONEY KUT

derrtan

1,796 posts

Posted by derrtan > 2022-03-22 10:12 | Report Abuse

rubbish

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-22 10:22 | Report Abuse

dnex should really focus on 1 sector instead of spltting focus. all capital, manpower and focus on 1 sector do it good then maybe only expand into another sector.

Posted by AlsvinChangan > 2022-03-22 10:34 | Report Abuse

CAPEX CAPEX and more CAPEX

DNEX keeping 2 High maintenance segments

CEO also need 2 years wait n see onlymake decisions Do it NOW or WAIT ? 10:34 AM 22/03/2022

Should let DENEX investors do expansion and upgrade after finished

Price collapse for both segments

Q12022 DNEX EPS 2 sen a share if lucky

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-22 10:36 | Report Abuse

The good thing is that 359 million was not dumped in the open market. Annedjma Capital Sdn Bhd is involved in the 359 million transaction as "indirect" and 94.5 million as direct. I don't understand the meaning of "indirect" - could be pledged to third party such as bank....

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-22 10:59 | Report Abuse

SinGor, I was as surprised as you were. Arcadia Acres Sdn. Bhd. was the single biggest shareholder. Now we have to wait and see who can have the capability to become the biggest shareholder of DNeX. I believe Annedjma Capital is just temporary holding onto it to earn some. Anyone has better idea.

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-22 11:02 | Report Abuse

We are lucky that the share price is still above RM1.

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-22 11:17 | Report Abuse

The UK’s Oil and Gas Authority, the industry watchdog, plans to hold an oil and gas licensing round for the North Sea this year, the Financial Times has reported, noting it would be the first licensing round since 2020.

The news comes weeks after reports that the UK government was considering a ban on new drilling permits in the North Sea. Discussions reportedly involved an immediate pause on licensing and a ban on all permits from 2040.

In this context, the decision to launch a new licensing round is bound to spark controversy amid the UK’s push to move away from fossil fuels and into a fully renewable future. It was this push that put an end to new oil and gas licensing rounds two years ago.

Now, however, with the Ukraine war sending oil and gas prices soaring, it is adding some $50 billion to the collective bills of UK households. The cost-of-living crisis resulting from the energy price rally has sent the UK government scrambling for quick fixes to the situation.

In search of more oil, after the government banned Russian imports, Prime Minister Boris Johnson recently visited Saudi Arabia and the United Arab Emirates but, per comments from officials there, was left empty-handed by his hosts, the Wall Street Journal reported last week.

Meanwhile, the renewable energy push at home remains strong. The Oil and Gas Authority will this week change its name to North Sea Transition Authority, while the government drafts so-called “climate compatibility checkpoints” for all future oil and gas licensing rounds.

The Financial Times notes, however, that these checkpoints were hastily revised recently to include stipulations allowing regulators to overlook environmental considerations if there are national security concerns.

“The team [at the NSTA] are getting ready some packages of licences that have discoveries that are pretty much ready to go,” said the head of the Oil and Gas Authority, Andy Samuel, as quoted by the FT.

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-22 11:39 | Report Abuse

"Subsequently, we probably need to have another expansion to reach about 12 million capacity per year. However, decision has yet to be made – we have to look at how the demand will grow for the next one to two years."

https://www.nst.com.my/business/2022/03/782006/dnex-eyes-group-wide-expansion-needs-rm700mil-expand-silterra

nicholas99

9,887 posts

Posted by nicholas99 > 2022-03-22 11:44 | Report Abuse

The UK needs a windfall tax on North Sea oil and gas companies
https://www.ft.com/content/d5ec54bb-5995-4a27-9056-cb04de9333c7

nicholas99

9,887 posts

Posted by nicholas99 > 2022-03-22 11:45 | Report Abuse

Semiconductor imports to China shrink for first time in two years, but value jumps nearly 20 per cent
https://www.scmp.com/tech/policy/article/3169723/semiconductor-imports-china-shrink-first-time-two-years-value-jumps

nicholas99

9,887 posts

Posted by nicholas99 > 2022-03-22 11:46 | Report Abuse

Global chip shortage may soon turn into an oversupply crisis
https://asia.nikkei.com/Opinion/Global-chip-shortage-may-soon-turn-into-an-oversupply-crisis

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-22 11:55 | Report Abuse

they can sell their oil business in one year and concentrate on their semiconductor business after that.

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-22 12:22 | Report Abuse

We can only hope that the group MD, DATO' SRI SYED ZAINAL ABIDIN BIN SYED MOHAMED TAHIR can convince potential parties to consolidate with the major shareholding of DNeX. Only then, we can talk about fund raising for Silterra and Ping. The biggest problem so far to overcome is to find the long term investor for 359 millions shares parked at Annedjma capital and I believe the 95 million shares directly owed may also be looking for buyers. These two parties were two of the three parties that sold the shares to Foxconn Singapore.

Posted by AlsvinChangan > 2022-03-22 13:01 | Report Abuse

Arcadia Acres Sdn. Bhd. owns 59,000,000 DNEX shares

ZAINAL 'ABIDIN BIN ABD JALIL SOLD Arcadia Acres Sdn. Bhd. to MOHD ISA BIN ISMAIL

ZAINAL 'ABIDIN BIN ABD JALIL not convince PROTON man abilities ?

Maybe FELDA Man can rejuvated DNEX

steven_c

113 posts

Posted by steven_c > 2022-03-22 13:31 | Report Abuse

@AlsvinChangan I don't think he is FELDA man, is he? FELDA man is Isa Samad, right?

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 13:50 | Report Abuse

Hahaha…..still so many crossed eyed, love sick fools. Been FOCKED so many times and yet still unaware of so many Red Flags…..hehehe

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 13:52 | Report Abuse

So many I D I O T S!!!
IPO??? Spin off???? WTF are you talking about????
Do you know Bursa Listing Requirements????? Jokers!

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 13:54 | Report Abuse

These donkeys have never played shares before.

Worst of all, don’t even know they have been shafted up their azzes!!!

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 13:56 | Report Abuse

Jap Bimbo not shouting 4-6 anymore????

IronShirt

3,178 posts

Posted by IronShirt > 2022-03-22 15:19 | Report Abuse

Dnex is like Greedy politician. Everything also want. Never check Bank Account got money or Not.
200mm Wafer is more like "mixed rice" selling price ( lots of customers But No grand profit margin ).
The moment some smart kid from Oxford Uni discovered a better method to develop 800mm, 200mm is
destiny for scrap yard

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-22 16:52 | Report Abuse

sad story for this company, nobody know if it follow O&G or semiconductor rally
semiconductor rally, oil sector not doing so well vice versa

KingDavid

2,666 posts

Posted by KingDavid > 2022-03-22 16:57 | Report Abuse

From theory to production, it will take ages to materialise. From design of machines to sourcing of materials and so on...

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-22 17:01 | Report Abuse

any strong dnex diehard fan, can help answer these questions
1) dnex revenue/profit in % comes from o&g or semiconductor?
2) both sector need heavy start up fund / operation cost do they have the money?
3) recently ask for 700m for siltera expansion, what news?
the moment they do fund raising via PP or RI, i can see a huge sell off as malaysian retailers all
TAKUT @FUND-RAISING, 99% see that in announcement = next trading day lao sai

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 17:13 | Report Abuse

What?? No more monkey talks on Oil Rally? Price spiking??

Bunch of donkeys and jokers!!!!

You are SO FOCKED!!!

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 17:18 | Report Abuse

Sometimes, when I'm free to cast a look at this forum, I laugh myself to tears!!!...Hahahaha..

Each of these monkeys talking about Oil Price Rally, and earnings, profits coming in......hahaha...but have no idea of what is going on within and soon coming head-on........

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 17:21 | Report Abuse

Those with a few threads of grey matters, but have pulled wool over their own eyes....see nothing, and refused to acknowledge the Red Flags...... hahaha

SO FOCKED!!!

Posted by teareader818 > 2022-03-22 17:42 | Report Abuse

Dato Sri Syed Zainal Abidin plans to use the money to take controlling interest of Theta. Easier to make money from 5G. What do you think?

Trevor777

3,055 posts

Posted by Trevor777 > 2022-03-22 17:57 | Report Abuse

That you must have just bounced back from the Moon. Theta's NOSH is just 107 million with TH as substantial shareholders.
And for that you are thinking its 5G potential?

I don't think many ppl will be answering your Moon-based, out-of-Reality question.

What a complete I D I O T!

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