now already short sell RM 3.9 mil, at average price of 60.5 cents, this is the breaskeven point for shorties, they need to press below 60.5 cents to buyback in order to make profit
Short Selling Trade Detail By Stock For 21/11/2022 Stock Code Short Name Long Name RSS Value(RM) RSS Volume IDSS Value(RM) IDSS Volume PSS Value(RM) PSS Volume PDT Value(RM) PDT Volume Total Short Selling Value(RM) Total Short Selling Volume 4456 DNEX DAGANG NEXCHANGE BERHAD 278,920 487,600 1,258,319 2,200,000 0 0 1,509,339 2,695,300 3,046,577 5,382,900
See , all the fool panic sell panic buy back now for the peanut misunderstanding issue,just send a beautiful transllator to explain to the china partner everything settled , dnex continue robust net profit net cash !
Whoever become PM or goverment will benefit dnex also , nothing to worry about , dnex will get more incentives from MITI as the malaysia tech leader pioneer in digital high tech , o n g , IT ......
_____________ That s why China so eager to swallow dnex siltera after they failed to buy UK Chip factory ! Dnex will hit tp 4-6 eventually just a matter of time ! Those gambler in out daily will miss a big multibagger gain stock !
To recap, stripping out Siltera’s entire valuation out of Messi DNeX would slash our TP to RM0.47. Hence, the 33% plunge to RM0.50 last Friday has pretty-much priced in the “worst-case scenario” –which is an unlikely outcome. All in, we reiterate a BUY call on Messi DNEX with a TP of RM1.32, which implies 131% upside.
Brace for a rebound. As “the worst-case scenario” has pretty much priced, we see limited downside in Messi DNEX, thus advocating buying the dip in anticipation of a further oversold rebound. A convincing breakout above RM0.58 should lift prices higher to RM0.65-0.70-0.72 going forward. Cut lost at RM0.44.
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....
chok sharon
83 posts
Posted by chok sharon > 2022-11-22 09:51 | Report Abuse
maxprofit. how do you know that ? where can we see it ?