Hmmm.....not to say go above 90c....87c also cannot stand.....and people said September is 1.07 to 1.17. He/she bough at 84c again. Now he/she will say he bought at 79c too......
My pet fish is rolling on the floor laughing so hard!
I don’t get it why some fellow investors make fun of or ridicule others. We should be helping fellow investors with facts and information so that we can make correct investment decisions. That said, those who have bought DNex at higher prices and now suffering paper losses here are some facts that could give you hope. Just hold on and don’t despair.
1. DNex did well FY22 with a net profit of RM549.6 mil. How many companies on Bursa hv profits above RM500 mil? Not many. 2. DNex 3 core biznes - Technology (SilTerra), Energy (Ping Petroleum) & IT ( Govt contracts - NSW ). Let’s see how these 3 core biznes performed FY Jun 22 3. DNex technology biznes emerged as the biggest contributor with RM857mil ( 60% of total revenue). Next, their Energy biznes recorded revenue of RM379 mil ( 26% of total revenue ). IT contributed RM200mil or 14% 4. Are these 3 core biznes performances sustainable? 5. A ‘Yes’ for Technology - higher average selling price (ASP), continued worldwide demand for chips, SilTerra’s operational improvements/efficiency & outputs - plant expansion. Then there is this 3 long-term agreements secured with major clients which will fulfil capacity utilisation by more than 70 per cent. 6. A ‘Yes’ for Energy too - The Brent crude oil spot price forecast averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023 ( Source US EIA ). According to a Research house, Ping Petroleum has a low operating expense per barrel (opex/bbl) of less USD20. They reckoned the estimated cash-breakeven crude oil price to be at about US$45 per barrel. A good margin of safety unless oil prices drop to the USD50s. Possible but unlikely. 7. Another ‘Yes’ for their IT govt contract biznes. DNex have secured the National Single Window (NSW) contract extension until August 31, 2024. Their new trade facilitation-related service offerings, especially in the business-to-business (B2B) segment locally are gaining traction. They are also moving NSW into international markets and are in the pilot implementation phase 8. Whilst revenue are important to any company, more important is net cash flow. You would hv heard of companies reporting bloated revenue and profits but with negative cash flow. What happens next? These companies goes ‘bust’. 9. For FY22, DNeX generated a strong net cash flow from operating activities amounting to RM643.8 million. 10. The company's balance sheet remains solid with total cash of RM1.02 billion, while total loans and borrowings stood at RM319.3 million as of June 30, 2022. 11. DNex is currently trading at PE of 4.7. Average PE for tech/semiconductor stocks on Bursa is around 20 12. DNex NTA is 59 sen meaning DNex is not an hollow company
Disclaimer - The above information is for educational sharing purposes only NOT a recommendation to buy/sell.
I hope you will find these humble contributions helpful. Happy Investing and let’s all make some money
LOL, you said that in year 2020 and you are still wearing the same shirt ..... Did you miss a few episodes of Dx? Honda box, granpa also hanging for past 6-7 years..... and you?
I would put it a MAYBE not YES as I believe there are execution and cost issues related
To recap DNeX through EDI-M then TimeDotCom has been operating the NSW (previously known as EDI Malaysia) for more than 30 years as a sole service provider. In addition DNeX has also other contracts from the government not related to NSW.
If you review the various announcements since Tan Sri took over there are many initiatives such as SEALnet related; JV with EXIM, China Construction Bank, CapBay on trade financing and RSW; are viable plans. But results (or data not available) do not show inline with the potential. So is it an execution problem or cost related (too many outsourced resources?)
There were also a legal dispute.
My guess is this "house" is not in order yet for various reasons. Hence I put a MAYBE
Promoters cannot be like that one....comes in once a week with a single line shouting $4-6 and then disappeared without giving facts and figures........just like dumping rubbish in your living room.
a bullish ab=cd pattern works all the time...so not to worry....believe! the pattern akan jadi , dont believe! the pattern tetap akan jadi ..tak payah bimbang lah
Other penny stocks also breached 1.00, you're still same spot????? So bodooooooh... ___________ How long other penny stock can sustain at high price si bodoh ni ?
Dnex with net cash 1 billion , 167 m qr np , bright future plan can very solid maintain price without big drop , this is a proper stock for u to keep before it skyrocket si bodoh !
LOL, japanese whore knows how to talk!!! so surprised. Always thought her mouth was only for Bjobs....
Dx can breach 1.00 then talk better lor. Or your first TP 4-6 when???? Before that also shout back to 1.33 within weeks??....ZZzzzzzzz....yawn that was months ago.
You should know you cannot just put a price like you do on your own abalone....no buyers lah.......hehehehehe
Nothing here more to see, folks. Japanese whore done her once a week round today and has left. Hope you have enjoyed your Bjob and the quickie........until next week.......
Admin has done a good job for deleting Birdparadise post today. But why always seem s no action the worse Trevor 777 whose posts are always hauling insults, abuse , mockery at nearly everyone else ???????
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....
NatsukoMishima
8,189 posts
Posted by NatsukoMishima > 2022-09-09 10:15 | Report Abuse
Banker hopes u all shaked off , sell off all your tickets at cheap price !