TP and forward earnings criteria is based on certain scenario and foreseeable trading enviroment & recommendation per see and not just pluck from thin air. With zero research, financial ratio analysis or background facts. Oil prices may or maynot see any significant market retracement despite on going concern on demand. Production is something Opec +has fine tune to their advantage. Most Oil players are sticking to their forecast of between USD 90 - 110 per barrel. Chips sector is more cyclical with TSMC, Nvidia and AMD announcement that the US chip acts of USD 56 billion announced by Biden is insufficient for any home grown US manufacturers to compete efficiently. Both Intel and TEXAS have outsourced their plant 's production for ages in overseas countries. It's take at least 2 or 3 years down the road to start a foundry plant coming from scratch. Silltera sits on a nice plateau as Malaysia is consider as a US friendly trading nation. Not to mention. DNEX Platform B2B used by our custom exercise dept is highly regulated and nor easily replicated. Just do your own research before you buy or invest in any stocks. Not a buy call just my own sector view
Soon the investment will inject into these companies
PM Ismail Sabri: Saudi’s Ajlan Bros to invest RM34b in nine Malaysian companies
Publish date: Tue, 30 Aug 2022, 10:26 AM
KUALA LUMPUR, Aug 29 — Saudi Arabia conglomerate, Ajlan Bros Holding Group is set to invest close to RM34 billion (US$7.5 billion) in nine Malaysian companies, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
During the signing of the memoranda of understanding today, he said the nine companies are from the semiconductor, social trade, medical technology, defence and entertainment industries.
They are Dagang NeXchange Bhd; Aerodyne Systems Sdn Bhd; National Aerospace and Defence Industries Sdn Bhd; Twistcode Technologies Sdn Bhd; CyberSecurity Malaysia; Malaysia Genomics Resources Centre Bhd; Meta Universe Sdn Bhd; Light Up 7 Sdn Bhd and My Events Sdn Bhd.
Ajlan Bros is one of the top real estate conglomerates in Saudi Arabia, specialising in residential, industrial, commercial and warehousing space.
It has made considerable investments in more than 25 countries and has more than US$15 billion (RM67.3 billion) worth of assets as well as a revenue of over US$2 billion. — Bernama
Whatever … DNex is still a penny stock despite the many supposedly good news - they are in oil, chips, govt contracts, Foxconn story, MOUs with Saudis n Chinese, Good write up by Investment Bankers. With all these positives and yet still a penny stock I think it will take a long while before it goes back above RM1
A signal that indicates most ppl give up on it is that many lovers or supporters either disappeared from this forum or turned from promoter to hater . Most of you here seem new comers, haha
announcement on special tax reliefs or benefits coming out in Oct budget. Miti { Azmin } previously said we will ask MOF for special incentives for high tech technology under budget 2023
Strong closing at 82.5 sen indicates a bullish candlestick chart breakout. Prices should sustain if upward momentum continues. Chart indicates 82 -85 price range.
Planting a coconut till harvesting the juicy and refreshing nuts takes 6-7 years (there seems to be Philipino crone which needs only 3 plus yrs ?), a Musang King ,at least five yrs. Oil Palm the golden tree, three yrs. How long have u invested in Dnex ? 2 yrs , 2 months ? If u want overnight success, try it at Genting Highland. Dont grumble like grandma here . this forum is for ppl to share useful info ,not anger , complaints, insults etc etc.
DNex interim dividend. 0.0006 sen announcment in April'22. Financial year ending June. Possibility of final dividend for FY 22 announcement forthcoming
Dirt cheap for our Singaporeans neighbours to buy.. less than SGD 30 cents for a profitable company with govt contracts, oil, wafers, submarine cables, Foxconn, Chinese and Saudi interest
If DNex Directors not mindful or pay close attention to the share price very soon they find foreigners owning huge chunks of DNex shares compared to Malaysian retail investors. To build n operate a Wafer plants involves billions and here we have SilTerra, Ping Petroleum, govt contracts etc etc. Share price is trading at PE4.7. Possibly some smart investors are picking up DNex at these prices 82 - 83 sen.
I personally hv some shares in DNex and honestly I’m disappointed with the share price performance which I felt it should not be a penny stock with all the favourable businesses they hv. Disappointed but still a faithful Dnexer
I don’t think it is so much about the management. Looking at their financial performances last year they are doing ok. Prudent in their spending. A cash balance of about RM1bil in the war chest speaks volume of their financial discipline. I would think the share price is somewhat suppressed for now to allow certain parties to collect more shares at low price. Don’t forget Foxconn paid 90sen for their block of shares at a time when SilTerra was still operating at low volume and at a loss perhaps too. Now that SilTerra has turned around and secured long term purchase agreements and oil prices hv been well above USD90 then ‘logically’ the share price should be higher than 90sen. But it is not right now! Don’t know what’s their game plan. Be patient and hold till next Qtr results
The additional production specialty expansion in the 200 mm foundry capacity takes time. Management guidance quoted { Tan Sri Syed Zainal } by early 2023. Annual production will increased from 8.3 million mask layers at end July 2021 to 10 million mask layers
TSMC's revenue in August leaped 58.7% year-on-year to a fresh all-time high NT$218.13 billion (US$7.06 billion) and up 16.8% over July. Jan-Aug revenue hit NT$1.43 trillion, up 43.5%.
Intel's revenue will decline 17% in 2H22 y/y and 7% sequentially, based on CEO comments at Evercore. 2H y/y decline happened only twice since 2009 (2012 & 2020). Revenue will come in around $65 b for 2022 (an $11b lower than Apr 22 guidance). $NVDA is also set to see a 2H decline
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Throwdown
157 posts
Posted by Throwdown > 2022-09-04 19:50 | Report Abuse
I didnt hear your question. But the answer is BUY. TP 0.98